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EXPO at Post Falls – Restaurant / Fast Food

Primary Contact
Paul Bielec, CCIM 208.699.9000 208 699 9000 (m) pbielec@ccim.net

Additional Contacts
Mike King, CCIM 208.714.4488 (m) mking@ccim.net

Dani Kramer, CCIM 208.262.4848 (m) dbielec@ccim.net

Restaurant / Fast Food Development
Restaurants locating to EXPO benefit from the lower cost of b siness in Idaho In addition EXPO is business Idaho. addition, conveniently located for quick access from both Washington and Idaho. Demographics Population 1 Mile 2,085 3 Mile 12,806 $56,221 $40,683 5 Mile 35,376 $59,874 $44,413

Contact Phone: (208) 714-4488 Fax: (866) 348-1031 Coldwell Banker Commercial 2000 Northwest Blvd. Coeur d'Alene, ID 83814 Web www.expopostfalls.com

Average Household $41,649 Income Median Household $32,592 Income

Watson Commercial Properties

www.expopostfalls.com

P-3

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

EXPO Location

Watson Commercial Properties

www.expopostfalls.com

P-12

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Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

Surrounding Attractions

11 12

10 9

7 8 1 2 3 5 4 6

50 mile radius
Spokane International Airport Northern Quest Casino 2 Spokane, WA Riverfront Park Nordstrom's River Park Square & Northtown Mall p Spokane Convention Center
1 6 7 8 9

Silver Mountain Ski Resort Cabela’s Coeur d’Alene Golf & Spa Resort Spokane Mountain Ski Resort

Spokane Valley, WA Spokane Valley Mall 4 Coeur d’Alene Tribal Casino Circling Raven Golf Course
3 5

Silverwood Th d Theme Park P k 10 Sil
11 Schweitzer Mountain Ski Resort 12 The Idaho Club

Black Rock Golf Course Gozzer Ranch Golf Course

Watson Commercial Properties

www.expopostfalls.com

P-13

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

About Post Falls, ID
In the past decade, Post Falls has seen numerous businesses locate to the business friendly town. Notable companies include:  Flexcel, Inc., a major furniture manufacturer that relocated to north Idaho and employs a workforce of 440.  Center Partners, a call center business (employing a workforce of 300)  Buck Knives who brought their manufacturing headquarters (workforce of 250) to the city.  Sysco Food Services opened a regional distribution plant during 2005.  Biopol, a high tech medical research firm located to Post Falls in 2007. They will research and create allergy vaccines in the Riverbend Commerce Park.  Cabela’s opened in 2007. Another 800,000 sq. ft. of additional retail space and more than 4,000 jobs expected at full build out of the Pointe at Post Falls, Expo at Post Falls and other adjacent properties.  Super Wal-Mart is expected to open in 2009.

Watson Commercial Properties

www.expopostfalls.com

P-14

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

Retail Leakage Analysis

Watson Commercial Properties

www.expopostfalls.com

P-15

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

Household Growth

Watson Commercial Properties

www.expopostfalls.com

P-17

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Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

Total Population by Census Block Group

Watson Commercial Properties

www.expopostfalls.com

P-18

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied. Broker not responsible for changes, errors, omissions, or prior sale without notice.

 EXPO – Retail, Multi-Family, Industrial  Commerce Park Light Industrial Lots  Beck/Seltice Commercial (7.37 Acres)  Proposed Multi-Family Site (17 Acres, 442 Units)  Woodbridge Community (270 Single Family Homes)

Pleasant View Rd. I-90/Highway 53 Connection

Pointe at Post Falls - Cabela’s - Planned Super Wal-Mart - Planned Lowe’s Planned Love s Travel Center Love’s I-90 Exit 2 Pleasant View Rd. Interchange ( , (46,000+ CPD 2006) )

Future Beck Rd. Interchange 2010 Estimated Completion

Riverbend Commerce Park Spokane River

Watson Commercial Properties

www.expopostfalls.com

L‐1

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

East View Commerce Park Woodbridge Community 270 SFH

Coeur d’Alene, ID

I-90 Pleasant View Rd. Interchange (46,000+ CPD 2006) EXPO Retail/Commercial/Industrial/Multi-Family Future Beck Rd. Interchange 2010 Estimated Completion

Sysco Idaho Border Property 7.62 Acres

Seltice/Beck 7.37 Acres Approved Wal-Mart Superstore

Idaho-Washington Border Border Triangle Property 0.38 Acres Washington Border Property 5.41 Acres

Stateline I-90 Interchange

Note: Outlines are approximate. Use record of survey for exact measurements.

Watson Commercial Properties

www.expopostfalls.com

L‐2

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

West View Spokane, WA

Stateline I-90 Interchange Border Triangle Property 0.38 Acres

Washington-Idaho Border

Washington Border Property 5.41 Acres

I-90 Pleasant View Rd. Interchange (46,000+ CPD 2006)

Idaho Border Property 7.62 Acres

Note: Outlines are approximate. Use record of survey for exact measurements.

Watson Commercial Properties

www.expopostfalls.com

L‐3

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

Conceptual Site Plan  EXPO – R t il M lti F il I d t i l Retail, Multi-Family, Industrial  Commerce Park Light Industrial Lots  Beck/Seltice Commercial (7.37 Acres)  Proposed Multi-Family Site (17 Acres, 442 Units)  Woodbridge Community ( g y (270 Single Family Homes) g y ) Pleasant View Rd Rd. I-90/Highway 53 Connection

Pointe at Post Falls - Existing Cabela’s - Approved Super Wal-Mart - Planned Lowe’s

Border Property

I-90 Exit 2 Pleasant View Rd. Interchange (46,000+ CPD 2006) Future Beck Rd. Interchange 2010 Estimated Completion Riverbend Commerce Park
Note: Outlines are approximate. Use record of survey for exact measurements.

Watson Commercial Properties

www.expopostfalls.com

L‐4

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

Conceptual Site Plan  EXPO – R t il M lti F il I d t i l Retail, Multi-Family, Industrial  Commerce Park Light Industrial Lots  Beck/Seltice Commercial (7.37 Acres)  Proposed Multi-Family Site (17 Acres, 442 Units)  Woodbridge Community ( g y (270 Single Family Homes) g y ) Pleasant View Rd Rd. I-90/Highway 53 Connection

Pointe at Post Falls - Existing Cabela’s - Planned Super Wal-Mart - Planned Lowe’s

Border Property

I-90 Exit 2 Pleasant View Rd. Interchange (46,000+ CPD 2006) Future Beck Rd. Interchange 2010 Estimated Completion Riverbend Commerce Park
Note: Outlines are approximate. Use record of survey for exact measurements.

Watson Commercial Properties

www.expopostfalls.com

L‐5

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

Conceptual Site Plan

To Planned Beck Rd. I-90 Interchange

 EXPO – Retail, Multi-Family, Industrial  Commerce Park Light Industrial Lots  B k/S lti Commercial (7.37 A Beck/Seltice C i l (7 37 Acres) )  Proposed Multi-Family Site (17 Acres, 442 Units)  Woodbridge Community (270 Single Family Homes)

Woodbridge Community (270 Single Family Homes) ( g y )

Commerce Park Light Industrial g Lots 0.43 – 10 Acres

NAP

Apartment Site Available

Planned Taco Bell

Shell Gas Station Sh ll G St ti Planned Love’s Travel Center

Watson Commercial Properties

www.expopostfalls.com

L‐6

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

 10 Minute Drive Time - Spokane Valley, Coeur d’Alene p y,  20 Minute Drive Time - Hayden, Spokane  30 Minute Drive Time - Spokane International Airport

Watson Commercial Properties

www.expopostfalls.com

L‐10

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.

State Sales, Gasoline, Cigarette, and Alcohol Taxes As of January 1, 2008
State
Post Falls, Idaho Spokane, Washington Idaho Advantage

Sales Tax  Sales Tax {a,b}
6% 8.6% 43.33%

Gas Tax Gas Tax (Per Gallon) {c}
$0.25 $0.36 44.00%

Cigarette Tax  Cigarette Tax (Per Pack)
$0.57 $2.025 255.26%

Spirits Tax Spirits Tax (Per Gallon) {d}
$9.24 $19.43 110.28%

Table Wine Tax  Table Wine Tax Beer Tax Beer Tax (Per Gallon) (Per Gallon)
$0.45 $0.87 93.33% $0.15 $0.26 73.33%

{a} Similar to sales taxes are gross receipts taxes (GRTs). GRTs are collected at the firm level instead of at retail, and apply to a broad range of intermediate goods, unlike sales taxes which in theory apply only to end products. Some states only have a GRT, and some have both a GRT and a sales tax tax. {b} Washington has a GRT in addition to its 6.5% sales tax. It is called the business and occupation tax and is levied at various rates. The major rates are 0.471% for retail sales, 0.484% for wholesale and manufacturing, and 1.5% for service and other activities. {c} In addition to the 18.4 cpg Federal gasoline tax 18 4 tax. {d} States where the state government controls all sales. The implied excise tax rate is calculated using methodology designed by the Distilled Spirits Council of the United States (DISCUS).

Sources: American Petroleum Institute, state revenue departments, Distilled Spirits Council of the U.S., Sand Tax Foundation.

Watson Commercial Properties

www.expopostfalls.com

L‐11

www.commercial1031group.com

Data is deemed reliable, no warranties or representations expressed or implied.  Broker not responsible for changes, errors, omissions, or prior sale without notice.