Marcus & Millichap is pleased to present for sale a 99 Cents Only and Crunch Fitness in Citrus Heights, a suburb of Sacramento, California. The property is 100 percent leased with premier national tenants, 99 Cents Only and Crunch Fitness. This offering represents a unique opportunity to acquire two quality tenants in a prime location along one of Citrus Heights’ preeminent retail corridors. Located at the southeast corner of Greenback Lane and San Juan Avenue, a signalized intersection that sees over 70,000 cars per day. Greenback Lane is one of the busiest thoroughfares in the City of Citrus Heights serving as the main east/west arterial of the retail hub of the city. Greenback Lane is a major on/off ramp off highly traveled Interstate 80. This access provides the subject continuous morning, afternoon, evening, and weekend traffic. Coupling the passive nature of the investment, location, visibility, demographics, and traffic counts make this a rare and desirable investment opportunity.

1. PLAY VIDEO
HIGHLY DESIRABLE NET LEASED INVESTMENT | PRIME HARD CORNER |
REGION’S DOMINANT RETAIL CORRIDOR | 70,100 CARS PER DAY
6124 SAN JUAN AVENUE AND 7424 GREENBACK LANE, SACRAMENTO (CITRUS HEIGHTS), CA 95610
70,100CARSPERDAY

2. The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and it should not be made available to any
other person or entity without the written consent of Marcus & Millichap. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The
recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to Marcus & Millichap.
This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject
property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation with
respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence
of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects
of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be
reliable;however,Marcus&Millichaphasnotverified,andwillnotverify,anyoftheinformationcontainedherein,norhasMarcus&Millichapconductedanyinvestigationregardingthesemattersandmakesnowarrantyorrepresentationwhatsoeverregardingtheaccuracyor
completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the
subject property.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE MARCUS & MILLICHAP AGENT FOR MORE DETAILS.
Confidentiality Agreement

3. TABLE OF CONTENTS
LEAD BROKER
Kevin Boeve
Senior Vice President Investments
ONTARIO OFFICE
Tel: (909) 456-3450
kevin.boeve@marcusmillichap.com
CA License: 01247016
Joshua Rey
Associate
ONTARIO OFFICE
Tel: (909) 456-7015
joshua.rey@marcusmillichap.com
CA License: 1776485
99 CENTS ONLY &
CRUNCH FITNESS

4. 1PROPERTY DESCRIPTION

5. San Juan Avenue - 26,300
Cars Per Day
Greenback Lane - 43,800
Cars Per Day
San Juan
High School
- 700+ Students -
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080523 2

6. San Juan
High School
- 700+ Students -
Sunrise Mall
North Ridge
Country Club
Initiation Fee: $1,000
Annual Fee: $2,320
3
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap ACT ID Y0080523

7. parcel overview
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080523 4
location
6124 San Juan Avenue and 7424 Greenback Lane
Citrus Heights, CA 95610
site
The subject property has frontage along Greenback Lane and San Juan Avenue.
square footage
The building square footage is 43,579-square feet and the lot size is 3.75 acres.
year built
The property was constructed in 1988. It was remodeled in 2015.
traffic counts
Greenback Lane boasts traffic counts of 43,800 cars per day. San Juan Avenue has
traffic counts of 26,300 cars per day.

8. 2FINANCIAL OVERVIEW

9. financial overview
pricing
Property Name 99 Cents Only & Crunch Fitness
Property Address 6124 San Juan Avenue & 7424 Greenback Lane
Citrus Heights, CA 95610
Price $9,139,000
Down Payment $3,198,600
Cap Rate 6.5%
Price Per Square Foot $201
Net Operating Income $594,057
Gross Leasable Area 43,579 SF
Year Built/Renovated 1998/2015
Lot Size 3.75 Acres
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080523 6
financing
New Loan Amount $5,940,000
Loan to Value 65%
Interest Rate 4.55% Fixed
Loan Term 10 Years, Fixed for 5 years
Amortization Term 25 Years
Loan Fee 1.0%
Annual Debt Service $398,223
Annual Cash Flow Year 1 $195,833 (6.12%)
Contact listing agents for additional loan options.

10. 7
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap ACT ID Y0080523
rent roll
Suite Tenant GLA % of GLA Lease Commence Lease Expire Annual Rent
Monthly
Rent/SF Options
6124 Crunch Fitness 19,876 SF 45% 5/15/2015 11/30/2030 $238,512 $1.00 Two, Five-Year Options
7424 99 Cents Only 23,703 SF 55% 11/25/2014 1/31/2026 $355,545 $1.25 Four, Five-Year Options
Total Occupied 43,579 SF 100.0% $594,057
Total 43,579 SF 100.00% $594,057
SanJuanAvenue-26,300CPD
Greenback Lane - 43,800 Cars Per Day
Nearly 61,000 households with an average household income of
$69,279 within a three mile radius.

11. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap ACT ID Y0080254
4

12. 3EXECUTIVE SUMMARY

13. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080523 10
Marcus & Millichap is pleased to present for sale a 99 Cents Only and Crunch Fitness in Citrus Heights,
a suburb of Sacramento, California. The property is 100 percent leased with premier national tenants,
99 Cents Only and Crunch Fitness. This offering represents a unique opportunity to acquire two quality
tenants in a prime location along one of Citrus Heights’ preeminent retail corridors.
Located at the southeast corner of Greenback Lane and San Juan Avenue, a signalized intersection that
sees over 70,000 cars per day. Greenback Lane is one of the busiest thoroughfares in the City of Citrus
Heights serving as the main east/west arterial of the retail hub of the city. Greenback Lane is a major
on/off ramp off highly traveled Interstate 80. This access provides the subject continuous morning,
afternoon, evening, and weekend traffic.
Coupling the passive nature of the investment, location, visibility, demographics, and traffic counts
make this a rare and desirable investment opportunity.
investment highlights
investment overview
1 MILE 3 MILES 5 MILES
2017 Population 19,647 154,263 372,554
2022 Population 19,868 155,123 378,464
Daytime Population 4,893 36,721 89,728
2017 Households 7,914 61,377 142,931
2022 Households 7,987 61,969 145,623
2017 Average Household Income $58,752 $69,279 $72,752
·· Passive Net Leased Investment With Two Dominant Tenants in Prime Retail Location
·· Signalized, Hard Corner With Great Visibility at Greenback Lane and San Juan Avenue | Direct Ac-
cess to Nearly 70,100 Cars Per Day
·· Limited Rollover Exposure | Tenants Are On Long Term Leases With Multiple Renewal Options and
Average Remaining Lease Term of 11 Years
·· Located in Primary Commercial Corridor | Other Retailers in the Immediate Area Include Burling-
ton, Ross, Kohl’s, Wells Fargo, Dollar Tree, Carl’s Jr., and Much More
·· Excellent Demographics With Over 372,500 Residents Within a Five-Mile Radius | Average House-
hold Income Within the Trade Area is $72,752
·· Hedged Rent Factors of Just Over $1.00/PSF/Mo | Below Replacement Cost at $200 Price Per
Square Foot
·· Perfect Investment for a First Time Investor, Seasoned Owner Adding to Portfolio or a 1031 Investor
Seeking Passive, Secure Income

14. 11
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap ACT ID Y0080523
99 cents only overview
2016 Financial Results
For the full-year fiscal 2016, the company’s net sales increased 2.9 per-
cent. Same-store sales increased 2.1 percent driven by higher average
ticket and traffic.
Average sales per store open at least 12 months, on a trailing 52-week
period, were $5.2 million in fiscal 2016 compared to $5.1 million in fis-
cal 2016. Average net sales per estimated saleable square foot (com-
puted for stores open at least 12 months), on a trailing 52-week period,
were $319 per square foot for fiscal 2016 compared to $314 per square
foot for fiscal 2015.
Fiscal 2017 Outlook - “Continued Growth”
The company is reiterating the following previously issued outlook for
fiscal 2017:
·· Net sales growth of 6.7 percent to $552.5 million
·· Same-store sales growth by 6.4 percent
·· Gross margin, as a percentage of net sales, increase to 30.1 per-
cent, up from 26.7% in the prior year
About 99 Cents Only
99 Cents Only Stores is a premier
deep-discount retailer that primarily
carries name-brand consumable and
general merchandise.
The stores are merchandised, clean,
full-service shopping destinations that
offer customers significant value on a
wide selection of quality products from
everyday household items to fresh pro-
duce to an exciting assortment of sea-
sonal and party merchandise including
decorations, costumes, and gifts. Mer-
chandise encompasses name-brand
closeouts and regularly available food
and beverage products such as produce,
deli, and other basic grocery items.
Key Data
Type Private
Industry Discount, Variety Store
Founded 1969
Founder Dave Gold
Headquarters Commerce, California
Key People Geoff Covert, CEO
Revenue $2 Billion (2016)
Number of Locations 394
Number of Employees 11,500
Website 99only.com

15. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2011 Marcus & Millichap ACT ID Y0080523
12
crunch fitness overview
Key Data
Type Public
Industry Fitness
Founded 2010
Headquarters New York , New York
Revenue $161 Million
Number of Locations 125
Website crunch.com
Net Lease Fitness Centers Continue Flexing Muscle
Since 2009, membership and the total number of club-goers has increased by 26.5
percent showing that America is continuing to become more health conscious. A
record number of more than 66 million Americans used one of the 36,540 health
clubs nationwide in 2016. Franchisees like Crunch Fitness and Planet Fitness have
a very low base membership cost starting at $9.99 per month which makes gym
membership affordable to most of the general population. The emergence of these
“budget-conscious gyms” has considerably changed the landscape of the fitness
space over the last 5-10 years. In 2016, US health club industry revenue increased to
$27.6 billion, up from $25.8 billion in 2015, an improvement of 7.2 percent. Members
frequented their health club an average of 106 visits in 2016, also an all-time high.
Additionally, the number of adults aged 20 to 64, the largest gym-going demograph-
ic, has grown, spurring increased demand for gym memberships. This demand is
expected to increase as this demographic grows and becomes more age and health
conscious.
About Crunch Fitness
Crunch Fitness is an American chain
of fitness clubs with locations in the
United States, Puerto Rico, and Aus-
tria. In clubs, members have access
to innovative group fitness classes,
state-of-the-art equipment, person-
al and group training, full-service
locker rooms, and much more.
Select locations offer an exclusive
Crunch retail line that can also be
purchased from the Crunch online
store.

16. PRESENTED BY
LEAD BROKER
Kevin Boeve
Senior Vice President Investments
ONTARIO OFFICE
Tel: (909) 456-3450
kevin.boeve@marcusmillichap.com
CA License: 01247016
Joshua Rey
Associate
ONTARIO OFFICE
Tel: (909) 456-7015
joshua.rey@marcusmillichap.com
CA License: 1776485
99 CENTS ONLY &
CRUNCH FITNESS