Industrial/Warehouse Building for Sale to Occupy 3440 Airway Drive, Santa Rosa, CA

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2 Vicinity Map PROPERTY OVERVIEW Total Building: Approx. 21,925± sf with up to 17,000± sf Available to Occupy Currently approximately 3,600± sf at N.E.C. is leased to 2021 plus owners wish to lease back additonal areas of approx. 1,200-3,600 sf on ground floor Available to Occupy: 16,000± sf as follows: 7,250± sf Upstairs with 11 ft Ceilings & AC is Available (plus) 4,800-7,200± sf downstairs warehouse with ft Ceiling is potentially Available, (plus) 3,600± sf Ground Floor with 11 ft Ceilings and AC (North Side) is Available Multiple Roll-Up Doors Flexible Building Options, w / Various Suite Sizes Easy Access to Highway 101 Great Owner / User Opportunity 1.32± Acre Site zoned IL with 70 on site parking Fire Sprinklered 1200 amp Electrical Main with 7 Meters (PG&E transformer on site) OFFERING PRICE $4,695,000 ($214.14± psf) With Possible $2,000,000± of Financing Available for Owner/Occupant

3 PROPERTY TYPE Industrial/Warehouse & Office NUMBER OF UNITS 7 Units Currently LOCATION North West Santa Rosa ZONING IL (Light Industrial) Wide variety of IL uses permissible OFFERING PRICE $4,695,000 PRICE PER SQUARE FOOT Approx. $ sf YEAR BUILT PARCEL NUMBER SITE AREA 1.32± Acres (57,495± sf) TOTAL BUILDING AREA 21,925± sf with up to 17,000± sf Available for Buyer/Occupancy* HVAC SYSTEM Building has approx. 15,000 sf of space with existing HVAC systems (Approx. 40 tons) FIRE SPRINKLERS Entire Building (Both Floors) ELECTRICAL POWER 1200 amp 120/208/3 phase (7 meters) NATURAL GAS (7 meters) DESCRIPTION OF PREMISES - FEATURES This is a centrally located office/warehouse building on Airway Drive, near Industrial Drive. It has plenty of parking, good street exposure, and has easy access to Highway 101. DESCRIPTION OF LOCATION - AREA This area consists primarily of bulk retail tenants, warehouse and numerous alternative uses and across from Scandinavian Designs. It is close to Industrial Drive and Piner Road. *Seller prefers to lease back 1,200-3,600± sf warehouse on ground floor plus currently rented office area of 3,600± sf unit #E1 on north side.

4 PROPERTY INFORMATION PROFORMA OPERATING DATA Proforma Rate Proforma /Yr Type Industrial w/ Office Scheduled pgross y Income $1.40 psft $370,000/yr Number of (CAM) + Units 2-7 Units Reimbursements.05 psft $13,200/yr Total Square Footage ±21,925 - Less Vacancy & Credit Allowance 3% ($16,000/yr) Price $4,695,000 Adjusted Proforma Income $1.39 psft $367,200/yr Price/psf ±$215 - Less Proforma Expenses $0.37 psft ($97,200/yr) Location North West Santa Rosa Est. Net Operating Income $1.02 psft NNN $270,000/yr Site 1.32 (Acres) - Zoning IL (Light Industrial) Annual Proforma Cash Flow/No Debt CAP Rate $270,000/Yr Proforma 5.75% ANNUAL PROFORMA EXPENSES Real Estate Taxes $59,000 Insurance $5,000 Site Maintenance $8,000 Utilities (Common) $13,200 Management $7,000 HVAC Services $5,000 Total Proforma Expenses $97,200

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6 CURRENT TENANCY INFO (AREA C) 3,600± sf Leased to Kai-Zen Program (N.E. Section) Term: 7/1/16-6/30/2021 Base Rent & CAM: $4,050/mo Gross (includes $ net CAM) Three (3%) Percent Annual Rent Increase Security Deposit: $3,744 One (1) Five Year Option to Renew at Market Rate Rent (TBD) PROPOSED SELLER LEASE BACK (AREA B) 1,200± sf Area on South East End with 2 Roll-Up Doors Seller will lease back at $2.00 psft/nnn; with terms TBD Rent & Term T.B.D. plus seller to take over Kai-Zen space when available under a master lease of areas A & B combined VALUATION SUMMARY (PROFORMA) (A) Replacement Cost Est. Valuation $4,885,000± Land at $18 psf = $1,035,000± 22,000± sf $160 psf = $3,520,000± Plans, Permits, Fees at $15 psf = $330,000± Upstairs Area (B) PROFORMA Rental Income Approach $4,665,000± 14,500± sf $1.20 psf/nnn = $205,000±/yr 7,500 sf $.90 psf/mo = $75,000±/yr 5.75% CAP = $4,665,000±

7 Available for Buyer to potentially Occupy: 15,925-18,325± sf Comprised of: 4,800± sf Ground Floor with 22 ft Ceilings (South Side) 3,600± sf 11 ft Ceilings & AC on Ground Floor plus 7,250± sf Upstairs with ft Ceilings and AC (North Side) Note: Seller wishes to lease back ground floor Area B 2,400± sf, plus master lease control the 3,600± sf Contiguous Area (C) Area C: is leased thru 7/2021 7,250± sf Upstairs with HVAC 2nd Floor 11-12± ft Ceilings (AVAILABLE)

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