Ziggi’s Coffee | Corporate | 20 Yr NNN | Portland MSA

ZIGGI’S COFFEE | OVER 92 LOCATIONS | 200+ UNITS IN PIPELINE | SIGNIFICANT GROWTH PIPELINE

• System-wide sales exceeded $40 million in 2023, demonstrating the brand’s robust market presence and financial health.
• Ziggi’s Coffee currently operates over 92 locations and is expanding rapidly, reflecting strong growth and increasing brand recognition.
• With over 200 new units in the construction pipeline, Ziggi’s Coffee is poised for substantial future expansion.
• Same store sales are on the rise, indicating growing popularity and customer loyalty as the brand gains wider recognition.

LONG TERM 20 YEAR LEASE | CORPORATE GUARANTEE | ZERO LANDLORD RESPONSIBILITIES | HEDGE AGAINST INFLATION

• The Tenant has a robust growth strategy, with over 200+ units planned for development indicating a strong commitment to the tenant’s business model and expansion plans.
• The lease is guaranteed by Ziggi’s Coffee Corporate which is a rapidly expanding company with more than 92 current units and 200 units within the pipeline.
• The tenant demonstrates healthy unit economics, with an average EBITDA margin of more than 18%, indicating efficient operations and strong profitability.
• The Coffee Business Model is significantly more profitability than compared to the standard fast food restaurant profitability, thus committing to the success the tenant will have at the subject property. 

RARE CORPORATE GUARANTEE | FAST GROWING COFFEE BRAND WITHIN THE STATE OF OREGON | 200+ UNIT GROWTH PLAN

• The lease is guaranteed by Ziggi’s Coffee Corporate which is a rapidly expanding company with more than 92 current units and 200 units within the pipeline.
• The property is secured with a brand new 20-year lease agreement, offering stability and long-term security for investors.
• Rent Commencement in October of 2024. This commencement date ensures that the property is tenant-ready and revenue-generating from the outset.
• The lease structure offers a hands-off investment, as the tenant is responsible for property maintenance, insurance, and taxes.

PORTLAND, OR MSA | SHERWOOD HIGHEST POPULATION GROWTH | HIGH AVERAGE HOUSEHOLD INCOME

• Average household incomes are north of $124,000 in a 3-mile radius.
• Average annual population increase of 3.05% from 2000 to 2022 higher than the national average.
• The increasing cost of living in Portland is driving residents out of Portland and into surrounding markets like Sherwood as home prices are more affordable.