STNL INVESTMENT | $4,233,000 | 6.25% CAP6899 N MILBURN AVENUE | FRESNO, CA 93722

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6899 N MILBURN AVENUE, FRESNO, CA 93722

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7

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FRESNO, CALIFORNIA

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7636 N Ingram AvenueSuite 103Fresno, CA 93711

CA Broker License 02047928visintainergroup.com

BRETT VISINTAINER, CCIMCommercial Investment AdvisorPrincipal, Visintainer Group

bre�@visintainergroup.com559.890.0320 OFFICE559.916.0370 MOBILECA Agent License 01792092

JOHN KOURAFASCommercial Investment AdvisorVisintainer Group

john@visintainergroup.com559.890.0419 OFFICE559.259.0254 MOBILECA Agent License 02089371

EXECUTIVE SUMMARYInvestment HighlightsInvestment SummaryProperty Descrip�on

TENANT INFORMATIONTenant Profile

LOCATION MAPSArea Maps

AREA OVERVIEWDemographicsCity Overview

CALIBER COLLISION

INVESTMENT SUMMARY

CAP RATE6.25%

$4,233,000TERMS

RARE ANNUAL RENT INCREASESUnlike most Caliber Collision leases that have 10% increases every5 years, this location has a lease with annual increases tied to CPI.

AMERICA’S LARGEST COLLISION REPAIR COMPANYCaliber Collision has over 1,100 repair centers nationwide,

an estimated annual revenue of $3.5 billion, and 10-12 percentmarket share in the collision repair industry.

NEW CONSTRUCTIONThis location was built in 2016.

NOI$264,550

HIGH VISIBILITY ON FRESNO’S MAIN THOROUGHFAREHigh traffic count along Herndon Avenue with over 36,000 VPD.

SF19,400

INCREASESBASE RENT SHALL INCREASE ON EACH ANNIVERSARY OF THE

COMMENCEMENT DATE BY CPI FOR SAN FRANCISCO-OAKLAND-SAN JOSE, CA, ALL ITEMS.

RENT ROLL

YEAR ANNUAL MONTHLY

Current $22,045$264,550

PROPERTY DESCRIPTION

ADDRESS6899 N Milburn Avenue

Fresno, CA 93722

APN507-021-01

TENANTCaliber Collision

TOTAL BUILDING AREA19,400 SF

LEASE TERM10 Years

LEASE COMMENCEMENTMay 21, 2016

LEASE EXPIRATIONMay 31, 2026

LANDLORD RESPONSIBILITIESRoof, founda�on, HVAC, parking lot,

and in-ground plumbing

TENANT RESPONSIBILITIESProperty taxes, insurance, CAM

YEAR BUILT2017

1,100+REPAIR CENTERS

37 StatesDOMESTIC REACH

$3.5 BillionESTIMATED ANNUAL REVENUE

Caliber Collision is America’s largest auto body collision repair company with estimated annualrevenue of $3.5 billion and 10-12 percent market share in the collision repair industry. Thecompany opened its 600th location in August 2018 and merged with ABRA Auto Body Repairof America in February 2019, bringing its portfolio to over 1,100 locations in 37 states and theDistrict of Columbia. The merger created a supergiant in the industry, allowing the companies tobetter serve their customers and insurance clients, and drastically changed the landscape of thecollision repair industry. Together the companies have 19,000 employees and complete over1.2 million repairs annually. Caliber Collision is privately owned by Hellman & Friedman, a privateequity firm that helps leading companies grow even stronger.

Hellman & Friedman was founded in 1984 and has offices in San Francisco, New York, andLondon. The firm focuses on investing in superior quality businesses and serving as a value-addedpartner to management in select industries including financial services, business and informationservices, software, healthcare, internet and media, retail and consumer, and energy. Over thecompany’s long investing history, they have raised over $50 billion of committed capital and haveinvested in 90+ companies.

Caliber Collision provides repair solutions that enable insurance company partners to improvecustomer satisfaction, drive retention, and reduce repair costs in the claims process. “Restoringthe Rhythm of Your Life” is the company’s motto. Industry analysts expect Caliber Collision willcontinue to see rapid growth across the country. Supported by their low, unbeatable prices and an excellent customer service experience, the company opened 100 locations between June2017 and August 2018 and continues to consistently drive satisfaction, open in new communities,and increase market share in the industry.

FOUNDED

1997WEBSITE

calibercollision.com

#1NATION’S LARGEST

COLLISION REPAIR COMPANY

SUBJECT PROPERTY

HERNDON AVENUE (26,000 VPD)

GOLDEN STATE HWY

HWY99

MARKETPLACE AT EL PASEO

RIO VISTA MIDDLE SCHOOL

RED BLUFF ELEMENTARY

SAINT AGNES URGENT CARE

N M

ILBU

RN A

VEN

UE

(10,

000

VPD)

SUBJECT PROPERTY

HERNDON AVENUE (26,000 VPD)

SAINT AGNES URGENT CARE

PREMIUMURGENT CARE

N M

ILBU

RN A

VEN

UE

(10,

000

VPD)

FOUNDATIONLABORATORY

1 MILE

DEMOGRAPHICS THREE MILE RADIUS FROM SUBJECT PROPERTY

TOTAL POPULATION

2019

2024 Projection

Annual Growth Rate

18,654

19,189

0.57%

45,171

47,063

0.82%

73,299

77,096

1.02%

HOUSEHOLDS (HH)

2019

2024 Projection

Annual Growth Rate

6,244

6,394

0.48%

15,646

16,251

0.76%

24,894

26,065

0.92%

MEDIAN AGE

2019

2024 Projection

34.0

33.8

34.7

34.3

34.5

34.1

AVERAGE HH INCOME

2019

2024 Projection

$99,395

$117,727

$96,402

$113,438

$96,690

$112,869

2 MILES 3 MILES

1 MILE 2 MILES 3 MILES

1 MILE 2 MILES 3 MILES

1 MILE 2 MILES 3 MILES

FRESNO | CALIFORNIA

Fresno is the 5th largest city in California with a population of 527,438

200 miles north of Los Angeles and 170 miles south of Sacramento

California State University, Fresno was listed on Forbes “America’s

Best College List of 2018”

As of 2018 the enrollment is 24,995 for undergraduates, graduates,

and post-baccalaureate

Home of the Washington Nationals AAA affiliate, the Fresno Grizzlies

Southern entrance to Yosemite National Park - 65 miles to the north

Richest and most productive agricultural county in the world, grossing

over $7 billion from 350 crops+ (2017)

Fresno boasts a diverse food service economy that has been a test

market for several years complementing the culinary industry with

locally grown food products

500+ trucking & warehousing firms operate in the area due to the

central location in the state of California

Some of the top businesses in Fresno recognized worldwide are:

Quickie Design – Largest wheelchair manufacturer worldwide

Pelco – Worldwide distributor of surveillance equipment

Duncan Enterprises – Worlds largest ceramics manufacturer

Any information provided with this Offering Memorandum shall be considered strictly confidential at all times. As an express conditionof you receiving and reviewing this Offering Memorandum you agree to treat its contents confidential and to ensure that anyone youprovide this information, in whole or in part, agrees to keep the contents strictly confidential as well. We reserve the right to issueyou a recall notice, in which case you agree to return this information to us and to recover and transmit any copies you have furnishedto other parties, including prospective purchasers.

You also understand that the information in this Offering Memorandum is being provided in good faith and largely using informationprovided by our client or public resources, and that in no way do we verify or guarantee the ultimate accuracy of informationcontained herein, including without limitation: values of properties; square footage; zoning or land use; actual versus projected NOIfigures; the strength or intentions of any tenant; any condition of title; area tenants or tenant mixes; comparable sales; land bordersor boundaries; the existence or absence of any hazardous materials or substances; the topography or suitability of land for constructionor expansion; and/or the coverage, duties or limitations imposed by any CC&Rs, DDAs, REAs or otherwise.

You and your client’s due diligence (once in escrow) is the opportunity you have to complete a final verification of any informationyou determine is necessary for vetting the property or properties and you may not rely on information in this Offering Memorandum.

You also understand that this Offering Memorandum contains abbreviated or summary versions of key facts or data and are notintended to be comprehensive or all-inclusive list of information. No warranty or representation, expressed or implied, is made bythe owner, the agent, the broker of record or our company as to the accuracy of the information contained herein or any otherwritten or oral communications.

We expressly disclaim any liability connected with the information or other communications made in the course of listing, negotiating,escrow, closing or post-closing.

This Offering Memorandum is subject to modification, rescission, termination or withdrawal, with or without notice. It is not deemedto be an offer to sell any property. The property owner or owners shall have no legal commitment or obligation to any interestedparty reviewing this Offering Memorandum to accept an offer or respond to an offer.

DISCLAIMER AND DISCLOSURE AGREEMENT

7636 N Ingram AvenueSuite 103Fresno, CA 93711

visintainergroup.com