Five Below, ULTA, & Shops | Beaumont, CA 1541-1545 E 2nd St 30,518 SF 100% Leased Retail Building Beaumont, CA 92223 $17,446,799 CAD ($571.69 CAD/SF) 6.35% Cap Rate

Benefit Cosmetics began in 1976 when twins Jean and Jane Ford opened The Face Place boutique in San Francisco. The brand started with a pink lip and cheek stain created for an exotic dancer. After renaming to Benefit Cosmetics in 1990, the company expanded internationally throughout the 1990s. In 1999, LVMH acquired Benefit, allowing further global growth. Today, Benefit offers skincare, makeup, and fragrance products, with notable brow and mascara lines. The company operates numerous Brow Bar locations worldwide specializing in brow services. Benefit's philosophy emphasizes fun and confidence in beauty.

Bright Now! Dental & Orthodontics operates as a dental care brand within Smile Brands, a company founded in 1998. The company provides general dentistry, orthodontics, cosmetic dentistry, emergency dental care, oral surgery, implants, endodontics, pediatric dentistry, and periodontics. Bright Now! Dental & Orthodontics offers a full-service model that brings routine care and specialty treatment together in one place, with online booking and evening and weekend availability. The business focuses on accessible, affordable care for individuals and families while serving patients across a broad network of offices in multiple Western and Midwestern states.

Five Below began in 2002 as a specialty value retailer focused on trend-right, high-quality products for kids, teens, and beyond. The company sells merchandise across categories including candy, style, party, room, create, tech, sports, and new and now, with most items priced between $1 and $5 and select items priced above that range. Five Below has grown into a nationwide retail chain with a broad store-based and digital presence, including buy-online-pick-up-in-store options. The business is publicly traded and continues to center its model on curated assortment, low prices, and a value-oriented shopping experience for a wide customer base.

Sharetea began in Taiwan in 1992 and started with to-go black tea and pearl milk tea drinks. The company now focuses on bubble tea beverages made with ingredients sourced from Taiwan, and its menu includes milk tea, fruit tea, ice-blended drinks, matcha, and related refreshment offerings. Sharetea has grown into an international beverage business with a broad network of stores and franchise operations across multiple regions, while keeping its brand centered on Taiwanese tea culture and consistent drink preparation.

Ulta Beauty began in Illinois in 1990 as a beauty retailer built to combine prestige, mass, and salon products in one format. Ulta Beauty now sells cosmetics, fragrance, skin care, wellness, hair care, bath and body products, beauty tools, and salon services through stores, digital platforms, and partnerships. The company maintains a broad U.S. store network and an omnichannel model that supports always-on shopping, discovery, and fulfillment options. The loyalty program supports personalized shopping and service experiences across the business. Ulta Beauty also has an international presence through Space NK, a joint venture in Mexico, and a franchise in the Middle East.