610 & 612 MISSION AVENUE

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Tracy Hopkins
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1 FOR SALE: ±4,070 SF FULLY STABILIZED, TWO TENANT INVESTMENT OPPORTUNITY 610 & 612 MISSION AVENUE OCEANSIDE, CA 92054

Grant St Brooks St rbor Dr S 8th st Ma Dubuqu Higgins St Lemon St Puls St Bush St Arc FEATURES For Sale - ±4,070 SF commercial storefront building on one of Downtown Oceanside s most prominent

2 Grant St Brooks St rbor Dr S 8th st Ma Dubuqu Higgins St Lemon St Puls St Bush St Arc FEATURES For Sale - ±4,070 SF commercial storefront building on one of Downtown Oceanside s most prominent streets N Pacific St N The Strand Oceanside Pier Neptune Way N Coast Hwy N Tremont St N Cleveland St Rotary Park Windward Way S Pacific St Surfrider Way PROPERTY Sportfisher Dr Civic Center Dr Pier View Way Ditmar St Nevada St. Seagaze Dr Horne St. Clementine St. Topeka St Michigan Ave Missouri Ave Mission Ave on Ave Buena St San Diego Fwy Center Ave ve Division St Garfield St Fully stabilized, two tenant investment opportunity Brand new leases with extensive improvements to include exposed barrel roof with wood trusses and new storefronts with roll-up glass doors Shell and tenant Improvements just completed to bring the building to like-new condition including earthquake retrofit, upgraded utilities and new exterior facade Remodeled Mission Avenue with widened sidewalks, intersection bulb outs, new landscaping and reverse angle parking spaces Excellent pedestrian-friendly location on Mission Avenue 1 block from Hwy 101 and 5-minute walk from new Downtown Oceanside beach resorts and residential projects 8 parking spaces in rear Downtown (D-2) zoning - Commercial/Restaurant/Office/Medical 10 minute walk / 3 minute drive to the Oceanside Transit Center providing access to AmTrak, Coaster, Sprinter and bus commuting options Asking price: $2,760, % Cap rate Demographics 1 Mile 3 Mile 5 Mile Population 19,176 67, ,612 AVG. HH Income $58,724 $70,110 $76,902 Daytime Population 6,160 24,448 45,258 Traffic Counts N. Coast Highway 21,556 ADT Mission Avenue 16,643 ADT

3 LOCATION 5 OCEANSIDE CITY HALL SITE MISSION AVE. DITMAR ST. OCEANSIDE PIER N. COAST HWY PUBLIC = PARKING = PUBLIC PARKING

PENDING DOWNTOWN DEVELOPMENT North No Scale HARBOR DR. CARMELO DR. MONTEREY DR. SUNSET DR. INTERSTATE 5 CAPISTRANO DR. MONTERY DR. SAN LUIS REY DR.

BREAKWATER WAY THE STRAND PACIFIC OCEAN SDNR NEPTUNE WAY WINDWARD WAY THE STRAND NEPTUNE WAY CIVIC CENTER 2 WINDWARD WAY SURFRIDER WAY SURFRIDER WAY 1.

BEACH LOFTS (MIX-USE - 2,000 SF OFFICE/RETAIL/10 CONDO UNITS) *uc 5. NORTH BEACH PROMENADE - LOT 23 (357 PARKING SPACES, 52 RESIDENTIAL UNITS & RETAIL - 10,000 SF *uc 6.

4 PENDING DOWNTOWN DEVELOPMENT North No Scale HARBOR DR. CARMELO DR. MONTEREY DR. SUNSET DR. INTERSTATE 5 CAPISTRANO DR. MONTERY DR. SAN LUIS REY DR. City of Oceanside CEANSIDE PENDING DOWNTOWN DEVELOPMENT MARCH 2014 RECENT DOWNTOWN DEVELOPMENTS AUGUST 2018 HIGHWAY 76 RIVERSIDE DR. HARBOR DRIVE SOUTH 2 1 INTERSTATE 5 EIGHTH ST. McNEIL ST. BREAKWATER WAY THE STRAND PACIFIC OCEAN SDNR NEPTUNE WAY WINDWARD WAY THE STRAND NEPTUNE WAY CIVIC CENTER 2 WINDWARD WAY SURFRIDER WAY SURFRIDER WAY 1. MARRIOTT RESIDENCE INN (117 ROOMS, 1,928 SF EVENTSPACE & 3,531 SF REST.) *a 2. SEACLIFF TERRACES (52 CONDO UNITS) *e 3. PIER VIEW HOTEL (10 ROOM, CAFE SPACE & ROOFTOP BAR LOUNGE) *uc 4. CLEVELAND ST. BEACH LOFTS (MIX-USE - 2,000 SF OFFICE/RETAIL/10 CONDO UNITS) *uc 5. NORTH BEACH PROMENADE - LOT 23 (357 PARKING SPACES, 52 RESIDENTIAL UNITS & RETAIL - 10,000 SF *uc 6. GF PROPERTIES MIXED-USE PROJECT (231-UNITS, 150 HOTEL ROOMS, 38,000 SF COMMERCIAL) *e A. BLOCK 5-35 UNITS WITH 1,602 SF RETAIL *e B. BLOCK 18 - PIERSIDE SOUTH - 66 UNITS WITH 10,563 SF RETAIL *c C. BLOCK 19 - PIERSIDE NORTH UNITS WITH 12,340 SF RETAIL *uc D. BLOCK UNITS WITH 15,057 SF RETAIL *e 18 PACIFIC ST. 10 a. 6 MYERS ST. THE STRAND FR E NORTH COAST HIGHWAY SPORTSFISHER WAY TREMONT ST. CIVIC CENTER DR. CLEVELAND ST. SEAGAZE DR. PIER VIEW WAY d. b. c. e. E. SPRINGHILL SUITES MARRIOT (149 HOTEL ROOMS) + HELLO BETTY S FISH HOUSE (6,438 SF) *c 7. BEACH RESORT HOTEL (384 ROOMS, 20,000 SF MEETING/FUNCTION SPACE & 6,400 SF BALLROOM) *e NORTH BLOCK ROOMS, 7 STORIES, 7,975 SF OF COMMERCIAL & 157 PARKING SPACES *e SOUTH BLOCK ROOMS, 6 STORIES, 10,415 SF OF COMMERCIAL & 345 PARKING SPACES *e 8. ISLAND BBQ - *p 9. THE FIN HOTEL (28 ROOMS AND LOBBY BAR) *c 10. PACIFIC COAST SPIRITS - *a 11. FAT JOE S O SIDE *c 12. BEACH RESTROOMS PHASE II *p S. MYERS STREET (7 CONDO UNITS) *e OCEANSIDE (124 ROOM HOTEL, 90 LIVEWORK LOFTS & 8,357 SF RETAIL) *e PIER VIEW WAY (12 UNITS & 2,000 SF COMMERCIAL) *a 16. PORTOLA (15 LIVEWORK LOFTS UNITS) *e 17. NORTH COAST TERRACE AFFORDABLE APTS. (32 UNITS) *c N. PACIFIC ST. - STONE TERRACE - (4 UNITS) *uc 19. BENITO S PIZZA & BURGERIM *TI 5 12 N S 4 3 MISSION AVE. TYSON ST. NORTH COAST HIGHWAY TRANSIT ST. FIRST. PINE ST. PACIFIC ST. DITMAR ST. 9 TOPEKA ST. Downtown Boundary NEVADA ST. SEAGAZ DRIVE ELM ST. 13 TREMONT ST. ASH ST. WEITZEL TOPEKA ST. OAK ST. 12 T CLEMENTINE ST. COASTER PACIFIC ST. TAIT ST. T E ST MICHIGAN AVE. HORNE ST NEVADA ST. DITMAR ST. MISSOURI ST. WASHINGTON AVE. *TI - TENTATIVE IMPROVEMENTS *a - Application on File *e - Entitled *uc - Under Construction *c - Construction Complete *p - Pending Application ECONOMIC DEVELOPMENT MYERS ST MINNESOTA ST. TREMONT ST. CLEVELAND ST Aviara Pkwy, Suite 100 Carlsbad, CA Main Fax cushmanwakefield.com

FLOOR PLAN RENT ROLL 25-0 50-4 25-4½ TENANT SF $/SF/MO $/MO LEASE START/ END TERM INCREASES Benito s Pizza 2,035 $2.85 NNN $5,800 7/15/2018 7/14/2023 5 Years 3% Annual Burgerim 2,035 $2.

610 Mission Ave 2,035 SF 612 Mission Ave 2,035 SF 24-7½ 25-0 MISSION AVE. & EXPANDED SIDEWALK Cushwake Copyright 2015.

5 FLOOR PLAN RENT ROLL ½ TENANT SF $/SF/MO $/MO LEASE START/ END TERM INCREASES Benito s Pizza 2,035 $2.85 NNN $5,800 7/15/2018 7/14/ Years 3% Annual Burgerim 2,035 $2.80 NNN $5,698 11/1/ /31/ Years 12.5% in Year 6 TOTAL 4,070 $11,498 $137,976 annual ALLEY ACCESS 82-0 GOURMET BURGERS * NNN Expenses are currently estimated at $0.71/SF. 610 Mission Ave 2,035 SF 612 Mission Ave 2,035 SF 24-7½ 25-0 MISSION AVE. & EXPANDED SIDEWALK Cushwake Copyright The information contained herein was lawfully obtained from sources we consider reliable. Cushwake is not responsible and expressly disclaims all liability, for errors, omissions, prior sales, withdrawal from the market or change in price. Seller (or Lessor, as the case may be) and broker make no representation as to the environmental condition of the property and recommend Purchaser s (or Lessee s) independent investigation.

6 DEMOGRAPHICS Radius 1 Mile 3 Mile 5 Mile Population 2022 Projection 20,592 75, , Estimate 19,577 71, , Census 18,203 67, ,530 Growth % 4.98% 5.14% Growth % 6.34% 7.31% 2017 Population by Hispanic Origin 10,224 26,278 50, Population 19,577 71, ,236 White 16, % 59, % 128, % Black % 3, % 8, % Am. Indian & Alaskan % 1, % 2, % Asian % 3, % 9, % Hawaiian & Pacific Island % % 1, % Other % 3, % 7, % U.S. Armed Forces ,443 17,511 Households 2022 Projection 7,795 24,889 58, Estimate 7,388 23,696 55, Census 6,756 22,262 51,375 Growth % 5.03% 5.20% Growth % 6.44% 7.48% Owner Occupied 1, % 8, % 25, % Renter Occupied 5, % 15, % 29, % 2017 Households by HH Income 7,388 23,696 55,219 Income: <$25,000 1, % 4, % 9, % Income: $25,000 - $50,000 2, % 6, % 13, % Income: $50,000 - $75,000 1, % 5, % 11, % Income: $75,000 - $100, % 3, % 7, % Income: $100,000 - $125, % 1, % 5, % Income: $125,000 - $150, % 1, % 2, % Income: $150,000 - $200, % % 2, % Income: $200, % % 2, % 2017 Avg Household Income $65,181 $71,483 $78, Med Household Income $46,678 $54,619 $59,624 ABOUT OCEANSIDE Location 42 square miles 35 miles north of San Diego 83 miles south of Los Angeles 16 miles south of San Clemente/Orange County Interstate 5, a major north/south corridor, bisects Oceanside one mile east of the ocean. State Highway 78 intersects Interstate 15 at Escondido, 29 miles to the east. State Highway 76 runs east to I-15. Climate Oceanside s climate is one of the most desirable in the world! Average annual high: 66 degrees Average annual low: 53.9 degrees Average annual rainfall: inches Business & Industry Largest Private Employers Largest Public Employers 6,198 Businesses 2,905 Brick-and-Mortar Businesses 58,641 Employees 700 Chamber of Commerce members Genentech Pharmaceuticals Te Connectivity Hydranautics Nitto Denko Gilead Sciences Hobie Cat Oceanside Unified School District Camp Pendleton City of Oceanside MiraCosta Community College North County Transit District Tri-City Medical Center 1000 Aviara Pkwy, Suite 100 Carlsbad, CA Main Fax cushmanwakefield.com

Oceanside Terraces 301 MISSION AVENUE, OCEANSIDE FOR SALE OR LEASE COASTAL PROFESSIONAL OFFICE SUITES

Oceanside Terraces 301 MISSION AVENUE, OCEANSIDE FOR SALE OR LEASE COASTAL PROFESSIONAL OFFICE SUITES FOR SALE OR LEASE COASTAL PROFESSIONAL OFFICE SUITES WALK SCORE 95 Walker s Paradise Terraces Monique Medley (760) 448-2438 mmedley@lee-associates.com DRELic#: 01212444 1900 Wright Place, Suite 200 Carlsbad,