The subject property is a 7,000 Sq. Ft. Stand-alone building leased to GoBrands, Inc. under the goPuff brand, a 24/7 convenience delivery service of food and snacks with over 3,000 employees at 200+ locations. goPuff is a digital delivery service operating in over 500 US locations as of July 2020. Users can order items online or via the goPuff app and get their items delivered on time and at a lower rate than their competition offer. They're a great corporate tenant with a large potential for exponential growth in the near future. GoPuff is currently paying an amortized TI allowance of $65,000.00 on top of the regular rents for the first five years making the effective Cap rate significantly higher. See the offering memorandum. The property is centrally located on busy Montana Ave. between Paisano Dr. and Trowbridge Dr. The building sits across from a large retail development that includes Albertson's, Planet Fitness, Firestone, Bank of America and Jack in the Box. Other retailers in the immediate area include Walgree's, CVS, Pizza Hut, Luby's Cafeteria, AT&T, WingStop and many more. OFFERING SUMMARY Asking Price: $800,000.00 NOI First Five Years with current TI Reimbursement: $75,506.00 EFFECTIVE CAP RATE FOR FIRST FIVE YEARS of Lease: 9.4 Cap The property consist of 7000 sq ft of prime frontage on Montana Ave in El Paso TX. The location is a major thoroughfare and has more than 21,505 cars per day. About the Tenant: GoPuff is an on-demand, digital convenience delivery service that was founded in 2013. Its co-founders, Yakir Gola and Rafael Ilishayev, were students at Drexel University when they came up with the idea. They realized that going to the store to get supplies, for something like a party or movie night, took too much time that could be spent more productively. So they began to think of ways they could make this process faster and more efficient, creating goPuff along the way. The app started as a hookah-focused delivery service (hence the name), but quickly expanded to offer most items that can be found in a local convenience store. The company is headquartered out of Philadelphia, with smaller, satellite offices located in other major cities. goPuff continues to grow, with its latest funding round closing in late 2019. To date, the startup has raised over $866 million over the course of four rounds, with a commitment of up to $250 million more. According to Crunchbase, goPuff has an estimated yearly revenue of $100 million and an employee growth rate of around 60% within the past year. INVESTMENT HIGHLIGHTS Absolute Triple Net Lease Tenant Improvements amortized and being paid on top of the rent. Beautiful Design and Implementation Surrounded by Excellent retail in a gentrification area of El Paso