OFFER TO PURCHASE FOR CASH ALL UNITS OF LIMITED PARTNERSHIP INTEREST OF DEL TACO RESTAURANT PROPERTIES III AT $255 PER UNIT by: MACKENZIE INCOME FUND 27, LLC, MACKENZIE BADGER ACQUISITION CO. 4, LLC, AND COASTAL REALTY BUSINESS TRUST (collectively the...Offer to Purchase • September 18th, 2015 • Mackenzie Capital Management, Lp
The Purchasers hereby seek to acquire ALL Units of limited partnership interest (the "Units") in DEL TACO RESTAURANT PROPERTIES III (the "Partnership") not already held by purchasers and their affiliates. The Purchasers are not affiliated with the Partnership or its general partner. The general partner of the Partnership is Del Taco LLC (the "General Partner"). The Purchasers hereby offer to purchase 44,636 Units at a purchase price equal to $255 per Unit, in cash, without interest, upon the terms and subject to the conditions set forth in this offer to purchase (the "Offer to Purchase") and in the related Assignment Form, as each may be supplemented or amended from time to time (which together constitute the "Offer"). Any distributions made after October 28, 2015 or such other date to which this Offer may be extended (the "Expiration Date") would, by the terms of the Offer and as set forth in the Assignment Form, be assigned by tendering Unit holders to the Purchasers. Tender of Units
