Five Below, ULTA, & Shops | Beaumont, CA 1541-1545 E 2nd St 30,518 SF 100% Leased Retail Building Beaumont, CA 92223 $12,400,000 ($406.32/SF) 6.35% Cap Rate

Benefit Cosmetics began in 1976 when twins Jean and Jane Ford opened The Face Place boutique in San Francisco. The brand started with a pink lip and cheek stain created for an exotic dancer. After renaming to Benefit Cosmetics in 1990, the company expanded internationally throughout the 1990s. In 1999, LVMH acquired Benefit, allowing further global growth. Today, Benefit offers skincare, makeup, and fragrance products, with notable brow and mascara lines. The company operates numerous Brow Bar locations worldwide specializing in brow services. Benefit's philosophy emphasizes fun and confidence in beauty.

Bright Now! Dental & Orthodontics operates as a dental care brand within Smile Brands, a company founded in 1998. The company provides general dentistry, orthodontics, cosmetic dentistry, emergency dental care, oral surgery, implants, endodontics, pediatric dentistry, and periodontics. Bright Now! Dental & Orthodontics offers a full-service model that brings routine care and specialty treatment together in one place, with online booking and evening and weekend availability. The business focuses on accessible, affordable care for individuals and families while serving patients across a broad network of offices in multiple Western and Midwestern states.

Five Below began in 2002 in Wayne, Pennsylvania, as a specialty value retailer built around low-priced, trend-focused merchandise. The company sells items across eight product worlds, including Candy, Style, Party, Room, Create, Tech, Sports, and New & Now, and most items are priced between $1 and $5 with some items priced above that range. Five Below has grown into a broad U.S. retail chain with stores in many states and an online channel, while keeping a treasure-hunt style shopping experience at the center of the business. The firm operates as a public retailer with a product mix aimed at tweens, teens, and broader value-seeking shoppers.

Sharetea began in Taiwan in 1992 and started with to-go black tea and pearl milk tea drinks. The company now focuses on bubble tea beverages made with ingredients sourced from Taiwan, and its menu includes milk tea, fruit tea, ice-blended drinks, matcha, and related refreshment offerings. Sharetea has grown into an international beverage business with a broad network of stores and franchise operations across multiple regions, while keeping its brand centered on Taiwanese tea culture and consistent drink preparation.

Ulta Beauty began in 1990 as a specialty beauty retailer built around offering products at different price points. The company now sells cosmetics, fragrance, skin care, wellness, and hair care products, while also providing salon services and e-commerce shopping. Ulta Beauty maintains a broad market presence in the United States and also reaches international markets through Space NK in the U.K. and Ireland, a joint venture in Mexico, and a franchise in the Middle East. The business combines store-based retail, digital commerce, and salon offerings into a single beauty-focused model.