Mission Valley

ACTUAL NOI $295,095 PROFORMA NOI $277,067 PROFORMA CAP RATE 7.10% STABLE CASH FLOW Ideal Suites Sizes and Tenant Mix UPSIDE OPPORTUNITY “Mark to Market” Leasing Strategy Base Year Expense Recapture Enforcement ACCESSIBILITY Immediate Access to I-8 Via Texas Street Minutes to I-805, I-5, & I-15 LOCATION Excellent Central Location in the Heart of Mission Valley’s Abundant Amenities FREEWAY VISIBILITY I-8: 235,000 Vehicles Per Day Building Top Signage INTERNET/COMMUNICATIONS Fiber Connectivity: AT&T and Cox The subject offering represents a value-add opportunity for an investor to acquire a 100% leased multi-tenant office property with stable cash flow. The property is centrally located in the heart of Mission Valley’s abundant amenities and easily accessible from I-805, I-5, and I-15. The two-story building features ideal suite sizes and tenant mix, with a strong and steady rent roll. The fully leased property is a unique investment to capitalize on Mission Valley’s development Cooling: Central Forced Air Elec

• Bright professional offices with large windows and high ceilings • Medical use is allowed • High finishes include solid wood doors with natural finish • Very well maintained, in like-new condition • 5 allocated parking spaces of which 3 are reserved • 2 common area rest rooms on each floor • Modern, two-story building entry lobby • Elevator and open staircases • Central systems provide heat and cooling to all units • Separate electric meters for each unit • Separately controlled HVAC thermostats in each unit • Cox cable Internet and TV service to the building • Economically stable owners association with strong reserve fund • Low common area operating expenses of approximately $.51/SF per month covers heat, cooling, & water to units and common areas, property insurance, common area cleaning, lighting, landscaping, daily restroom cleaning, building maintenance and repairs, trash removal, and reserves for capital expenses. • Immediate access to I-8 connecting quickly to 805, 15, & 163

• High end professional office or medical condominium • Surrounded with large windows in all offices • Designed and constructed from shell in 2009 • Plumbing available for medical and dental use • High finishes include solid wood doors with natural finish, high quality carpet, built-in cupboards • Very well maintained, in like-new condition • Cat 5 internet wiring • Security system • Office furniture and telephone system available for purchase • Building renovated in 2007 • 5.0:1000 parking ratio with reserved and covered spaces • Two common area rest rooms on each floor • Modern, two-story building lobby • Elevator • Central systems provide heat and cooling to all units • Separate electric meter for each unit • Separately controlled air conditioning and heat in each unit • Cox cable Internet and television service • Economically stable owners association with strong reserve fund • Low COA expenses of approximately $.51/SF • Immediate access to I-8 connecting directly to I-5, I-805, I-15, & CA-163