Dave's Hot Chicken 2920 NE Sandy Blvd 2,987 SF Retail Building Portland, OR 97232 $8,167,647 CAD ($2,734.40 CAD/SF) 5.10% Cap Rate

NNNet Advisors is pleased to offer the opportunity to acquire a Single Tenant New Leased Investment located in Portland, Oregon. This is an established Dave’s Hot Chicken Drive-Thru Restaurant. The Seller/Operator is the #1 Dave’s Franchisee in the system with over 10 stores open and/or in development in Oregon and SW Washington. The Franchisee is very well established as a multi-unit Franchisee of Carl’s Jr., Jersey Mike’s, The Human Bean and Hawaiian Bros with over 100 units in operation. The investment will commence with a new 20 year triple net lease at closing. The site benefits from excellent visibility and frontage on the corner of NE Sandy Blvd. and NE 29th Street. The property is surrounded by dense residential population with minimal competition in the immediate trade area.