The subject is a restaurant totaling 2,200 square feet of net rentable area on a 20,731 square foot lot. The property was built in 1987 and has a small 88-square-foot second-story office space that used to be an open patio area. The property has fluorescent lighting, ceramic tiles, standard windows, central HVAC, video surveillance and alarm system, and a monument-style sign along State College Boulevard. There are thirty-one parking spaces and a drive-thru lane. The Borrower owned a similar property north of the subject's location which burnt down in a multi-property fire in 2023 and wants to purchase the property due to its location being less than 1/2 mile from Angel Stadium and The Grove of Anaheim. The Borrower is purchasing the property for $3,500,000 and will occupy the space with his restaurant. The Borrower will bring approximately $855,500 plus closing costs to close escrow. Once the restaurant is stabilized the Borrower will refinance into a long- term loan