Real Estate Acquisition Opportunity · Commercial Real Estate 101

Real Estate Acquisition Opportunity

Dear Members,

If you are interested in acquiring the real estate only (not the business described below), please do not hesitate to contact me directly. I would be glad to provide further details and discuss next steps.

Attractive Returns: 9.10% cap rate at a purchase price of $9.89M.
Secure Income Stream: New 15-year NNN lease commenced January 1, 2025.
Established Operation: Longstanding business with a loyal customer base.
Diversified Revenue: Includes a successful 24-hour diner, profitable as a standalone enterprise.
Rare Asset Class: Licensed casino operated by a proven tenant in an industry with high barriers to entry.
Prime Location: Strong fundamentals in the Auburn market with:
Visibility to over 23,000 vehicles per day
Unimpeded exposure and best-in-class signage (digital and static billboard)
Significant parking capacity
Excellent access via multiple curb cuts at a full circulation intersection