California’s #1 Wiener | 6.0% CAP | 20 yr NNN | Trophy Real Estate

TOP 10 FRANCHISEE IN SYSTEM | MULTI UNIT OPERATOR | PROJECTED HIGH PERFORMING UNIT SALES | GROWING TENANT

• Experienced Operator with more than 25 Years of Experience within the restaurant and multi-unit operation space within Southern California.
• Multi Unit & Brand operator with over more than 25+ units across multiple concepts that they operate throughout California, Texas, Utah, and New Mexico.
• Franchisee intends to continue growing further Wienerschnitzel locations. Guarantee will grow over time.
• Projected sales at this location place it in the top 10% of all Wienerschnitzel’s in the country.

FEE SIMPLE INVESTMENT | ZERO LANDLORD RESPONSIBILITIES | BRAND NEW 20-YEAR LEASE

• Fee Simple Ownership – Land and Building for Sale.
• Zero Landlord Responsibilities – Tenant to pay Taxes, Insurance, and Maintain the Property.
• 20-Year Original Lease Term Starting at Close of Escrow.
• Attractive Rental Increases of 10% Every 5 Years.
• Hedge Against Inflation and Low Risk Investment for “Mailbox” Investment Income

GROWING COMPANY WITH OVER 350+ LOCATIONS THROUGHOUT THE USA | STRONG UNIT ECONOMICS | EXPERIENCED FRANCHISEE

• Wienerschnitzel now has 350+ stores operating across the US and has commitments to continue opening new stores through expanding their franchise network.
• Subject property is currently under construction and expected to open in Q1 of 2025.
• Average Unit Volume (AUV’s) for Wienerschnitzel is currently over $1.5M but locations with strong real estate tend to outperform. Expected sales at this location are north of $2.0M annually.
• Average EBITDA margins for Wienerschnitzel are often above 20%, significantly higher than most other QSR brands as their cost of goods sold is extremely low and less employees per location are required.

RARE SOUTHERN CALIFORNIA MARKET | CITY OF CORONA INLAND EMPIRE) | CALIFORNIA INFILL MARKET | HIGH AVERAGE INCOMES

• Corona is part of the larger Inland Empire which consists of San Bernardino County as well as Riverside County. Combined these two counties have a total population of over 4.6 million people.
• Average household incomes exceed $178,000/annually in the 3-mile radius from the subject property.
• New construction drive-thru properties are extremely difficult to construct and open in this market tenant cannot easily move to another location and backfill opportunities are plenty.