Skyhawk Village For Sale 5761 Mountain Hawk Santa Rosa CA at Highway 12

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1 at Highway 12 Premier Mixed-Use Investment (Retail & Luxury Residential) Exclusively Offered By: Keegan & Coppin Company, Inc. Shawn Johnson Rhonda Deringer oncor international Managing Partner / SIOR Partner 1355 N. Dutton Ave, Santa Rosa, CA SJohnson@KeeganCoppin.com RDeringer@KeeganCoppin.com Lic# Lic#

2 Table of Contents INVESTMENT OVERVIEW Offering Summary Investment Highlights Investment Opportunity Construction Summary PROPERTY OVERVIEW Rent Roll (abbreviated) Property & Financial Summary Schedule of Projected Income & Expenses (Years 1-10) TENANT DETAILS / SITE & AERIAL MAPS Tenant Details Site & Aerial Maps Parcel Map AREA OVERVIEW Demographics Location Maps City of Santa Rosa Overview Sonoma County Overview COMPARABLES Closed Sales Comparables Closed Lease Comparables Photographs Disclaimer

3 Offering Summary PROPERTY TYPE Mixed Use: Retail & Residential (2 Bd/2Ba 1,200 sf Luxury Apartments) ADDRESS 5761 Mountain Hawk, Santa Rosa, California BUILDINGS PARCEL NUMBER SQUARE FOOTAGE SITE AREA OFFERING PRICE $6,250,000 PRICE PER SQ. FT. $372 CAPITALIZATION RATE 5.5%± * 2 Buildings: Ground Floor Retail with Luxury Apartments above. 7 Garages 16,800± Gross Square Feet 1.21± Acres (52,707.60± SF) Both buildings 5755 & 5761 Mountain Hawk Way, may be purchased together for $9,000,000. Office & Retail mixed use building 14,100± SF Investment Overview CURRENT OCCUPANCY 100% (Both Residential and Retail) GROSS INCOME (Adjusted) $488,115* NET OPERATING INCOME $341,295* YEAR BUILT 2006 PROPERTY IMPROVEMENTS CONSTRUCTION TYPE 2-Story Retail/Residential Building & one single level building with 7 single car garages Wood & Steel Frame with Wood & Stucco Exterior # of UNITS 10 Units (3 Retail / 7 Residential) PARKING RATIO / STALLS / GARAGES ZONING RETAIL TENANTS 3.9 per 1,000 SF / 79 Spaces (4 ADA accessible), plus 14 Residential (7 garage) - 2 per residence. Neighborhood Commercial - CN Anytime Fitness, Massage Envy, Edward Jones * Projected 2017

4 Investment Highlights Exceptional Opportunity Keegan & Coppin Co., Inc is pleased to present this opportunity to acquire the fee simple interest in the Skyhawk Village, a two-story multitenant building mixed-use shopping center. The building is approximately 16,800 sq. ft. on approximately 1.2 acre parcel. This property has been owned and managed by the current partnership since construction in 2006 and has been very well maintained showcasing a Pride of Ownership. The quality of construction, design elements inside and out, and professional management and maintenance should all be taken into account when considering this rare mixed-use investment opportunity. This property is a class A gem in the Sonoma County marketplace. The grand scale of the building architecture is impressive with the height expanding over 25 feet. The stately Tuscan style architecture and exterior design of the building include; warm tone stucco and wood siding, stonework, multiple windows, glass retail store fronts, colorful awnings and shutters, elevator (available), multiple stair cases, beautifully landscaped grounds, monument signage, and much more. The Skyhawk Village retail shopping center is located at the signalized intersection of Mountain Hawk and Sonoma Highway 12 in Santa Rosa California. The center is comprised of two, two-story buildings on approximately 1.6 acres. The subject property currently has three tenants on the first floor and seven tenants on the second floor in 10 units total and leased to a variety of professionals and residents. The occupancy is currently at 100%, with approximately 50% as commercial uses and 50% residential. There are substantial modern and quality improvements and infrastructure throughout. Investment Overview 5761 Mountain Hawk includes first floor retail / fitness and service businesses of approximately 8,400 sq. ft. and second floor includes seven 1,200 sq. ft. two bedroom and two bath luxury apartment units, Totaling 8,400 sq. ft. The first floor is currently configured into three tenant spaces out of seven units, with two of the businesses occupying multiple units. Additionally, there is a single level building with seven garage units and each apartment has a designated on-site parking garage. The buildings are connected in the center with a common exterior stair case / deck area and elevator leading to the second floor to each building. The residential units are accessed off the exterior walkway directly into each unit off of the deck. The second floor exterior walkway deck area runs the entire distance on the rear of the building offering staircases at each end of the building. The shopping center is situated in a beautiful park like setting with a creek on the backside and an open space City park on the west side. Beautifully landscaped grounds with meanderings paths, mature Oak and Redwood tree s and bushes, intimate courtyard dining /patio areas with trellises, potted plants and flowers, stonewalls, black metal fencing, and much more. The property is also well lit on all sides of the buildings with architecturally distinct light fixtures. The Skyhawk Village shopping center offers an investor a stable and consistent income stream. Also, The ownership will sell the buildings separately or together, as they have created two parcels / lots between the two buildings with common area parking. * Please inquire for further details about the 5755 Mountain Hawk building for sale. *

5 Investment Highlights Conveniently Located Skyhawk Village is located in the north east section of Santa Rosa commonly referred to as Skyhawk, which is directly east of Rincon Valley area and west of Kenwood and Oakmont communities. Skyhawk Village is strategically positioned along Highway 12 at the northwest corner of Mountain Hawk, which is a signalized intersection. Skyhawk Village is surrounded by residential single-family home s in the surrounding neighborhoods located at the gateway of prominent east Santa Rosa. The other surrounding retail shopping centers include; St. Francis Shopping Center anchored by Safeway, Exchange Bank and several other retail businesses and restaurants. Other nearby shopping centers include the Montecito Shopping Center anchored by Olivers Market and Round Table Pizza and Mission Plaza Shopping Center, which is located at the intersection of Highway 12 and Mission Boulevard proximately 1 mile west. There is also a planned shopping center at the intersection of Highway 12 and Calistoga Road; Shops at Austin Creek, which will be anchored by Rite Aid Drugstore. Investment Overview Conveniently located to... Sonoma County Airport - 12 miles (20 minutes) Downtown Santa Rosa miles (11 minutes) City of Sonoma - 17 miles (30 minutes) San Francisco - 60 miles (80 minutes) Demographics Mile 3 Miles 5 Miles Population 7,673 48, ,579 Households 2,067 12,914 26,663 Average Household Income $98,337 $100,873 $89,649 Median Age ,500 cars ADT (Annual Average Daily Traffic Count)

6 Investment Opportunity 100% Leased Mixed-Use Investment 5761 Mountain Hawk is 16,800± square feet with 10 units leased to Commercial & Residential tenants. Ability to acquire a portion of a well-established multi-tenant Neighborhood Shopping Center. There is little risk of major vacancy since there are 10 total units with the largest occupying 28% (retail/fitness) and the second largest at 14% of the total rentable area. While other suites average 7% of the total rentable area. Seven (7) / 27% are luxury residential apartment units, which are always rented. True neighborhood mixed-use shopping center meeting the daily needs of the local community. Long term stable cash flow many in place tenants have been at the center for more than five years. The Skyhawk Village shopping center is a total of approximately 30,900 square feet. Skyhawk Village is located in Santa Rosa off of Highway 12 & East of Highway 101 in a upscale, expanding suburban location of Sky Hawk in eastern Santa Rosa. Exceptional opportunity to acquire a Pride of Ownership well-established multi-tenant mixed-use neighborhood shopping center in Sonoma County. Adjacent to the Skyhawk residential neighborhood, Oakmont Senior Living Community and The St. Francis Residential Community; all of which this neighborhood center serves. There is residential development growth expectations in the north east sector Santa Rosa and projected population increase in the foreseeable future. Surrounded by residential single-family and multifamily housing, along with numerous award winning schools. Brush Creek Montessori School, Austin Creek Elementary School, Madrone Elementary School, Binkley Elementary School, Douglas Whited Elementary Charter School, Rincon Valley Middle School, Maria Carillo High School & Rincon Valley Christian School are within a 2 mile radius. Highway 12 is used as a main artery in Santa Rosa traveling East towards Oakmont, Kenwood, Glen Ellen, and the city of Sonoma. Investment Overview Strong demographics; approximately 50,000 residents within 3 miles with an average household income of $100, ,500 cars ADT (Annual Average Daily Traffic Count)

7 Construction Summary - Retail Businesses FOUNDATION FRAMING EXTERIOR PARKING SURFACE ROOF HVAC FIRE PROTECTION UTILITIES SECURITY Concrete Piers / Reinforced Concrete Slab Steel Structural Frame - 6 wood frame walls Stucco & Wood Structural Sections: 2.5 Asphalt Construction / 7 Class 2 Base / 8 Lime Treated Sub-Base Asphalt Single - Slate Style Individual HVAC Units for both Retail & Residential All spaces sprinklered & alarmed Individual Sewer / Water / Gas / Electric to all Retail & Residential units Bay Alarm and Individual Businesses Security & Alarms Investment Overview ELEVATOR LANDSCAPE IRRIGATION INTERNET & TELEPHONE FLOORING ELECTRICAL WINDOWS / DOORS LIGHTING Otis Elevator: Operation and Maintenance Drip Irrigation through out all landscape areas. Sprinklers in Park lawn areas. All providers available to center Decorative concrete, tile & hardwood Separate Panels - All units Bronze Anodized / Double Pane Common Lighting Exterior / Individual Interior

8 Construction Summary - Residential Units (1,200± square feet each) BEDROOMS BATHROOMS KITCHEN KITCHEN APPLIANCES FLOORING LIGHTING WINDOWS SOUND PROOFING OTHER APPLIANCES GARAGE 2 bedrooms 2 bathrooms - tub/shower combo in each bathroom Granite Counters, Dark Cherry Wood cabinets Oven/Stove, Microwave, Garbage Disposal, Dishwasher, Refrigerator Tile (bathrooms), Carpet (bedrooms, living room) and Hardwood (entry way, hallway, kitchen) Recessed in Kitchen, fixtures in dining Double Pane All walls Gas Fireplace, Outdoor Deck Gas BBQ, Stackable Washer & Dryer 10 x 20 Single car garage with storage Investment Overview PARKING 2 designated spaces (including garage)

9 Rent Roll Rentable Lease Term Next Scheduled Option Suite Tenant Sq. Ft. Start End Increase Date No. x Term 101 Retail Edward Jones 1,120± (1) 5 year Retail Massage Envy 2,480± (1) 5 year Retail Good Vibe Industries 3,600± Anytime Fitness 4,800± (9-1-16) (1) 5 year Apts 7 Residential Apartments 2 bedroom / 2 bathroom includes garage space 1,200± x 7 Month to Month Occupancy: 100% leased Total Rentable Square Feet: 16,800 ± Total Monthly Rent: $35,297 ± Property Overview Annual Scheduled Rent: $423,564 ± Total Estimated Reimbursements (NNN): $66,528 ± All numbers based on 2017 projected. Additional rent roll details are available upon request by executing a Confidentially Agreement.

10 Property & Financial Summary All numbers based on 2017 projected Price: $6,250,000 S.F. Area: 16,800± SF Property Type: Retail / Luxury Apartments Lot Size: 1.21± ac (52,707.60± sf) Price Per S.F.: $372 psf NOI (Annual): $339,422 CAP Rate: 5.5% Occupancy: 100% Annual Scheduled Income: $423,564 Plus Reimbursements (Retail NNN s): $66,528 Less Vacancy: 3%) Adjusted Gross: $475,390 Less Annual Expenses (Projected) Utilities (Gas, Elec., Water) $2,646 AT&T $477 Garbage $7,344 Alarm $1,016 Pest Control $1,187 Elevator Maintenance $169 Landscaping $3,181 Misc. $508 Repairs/Maintenance $12,707 Management Fees $12,707 Special Assessments $2,954 Property Taxes $79,074 Insurance $11,999 Total Annual Expenses (Projected): ($135,968) Annual Net Operating Income: $339,422 Property Overview

11 Retail Tenant s Anytime Fitness We are a neighborhood-style fitness club. Opened to members 24 hours a day, 7 days a week. Over 2 million members choose Anytime Fitness. Why? Because it s convenient, affordable, and fun. And with 24/7 access to thousands of our clubs around the globe, you can work out on your terms. Fitness has never been so easy. Edward Jones Financial Advisor - Bob Duffield Whether you re planning for retirement, saving for college for children or grandchildren, or just trying to protect the financial future of the ones you care for the most, we can work together to develop specific strategies to help you achieve your goals. We can also monitor your progress to help make sure you stay on track or determine if any adjustments need to be made. Throughout it all, we re dedicated to providing you top-notch client service. Massage Envy Need to find the perfect place for customized, affordable and convenient Santa Rosa facials and massages? It s right in your own backyard at Santa Rosa Massage Envy. With customized massages and Murad Healthy Skin facials, you can help relieve stress, decrease anxiety, increase energy and improve your skin texture, tone and appearance. Our professional massage therapists and estheticians will work with you to customize your session just for you. Tenant Directory / Aerial & Site Maps

12 Site Map & Aerial s Subject Building Tenant Directory / Aerial & Site Maps

13 Aerial Tenant Directory / Aerial & Site Maps

14 Parcel Map Parcel Map - Divided into 2 parcels Tenant Directory / Aerial & Site Maps

15 Location Maps The Skyhawk village retail shopping center is located at the signalized intersection of Mountain Hawk and Sonoma Highway 12 in Santa Rosa California. Highway 12 is a major Corridor traveling east and west in Sonoma County and located 5 miles east of Highway 101. Located in the north east section of Santa Rosa commonly referred to as Sky Hawk, which is directly east of Rincon Valley area and west of Kenwood and Oakmont Communities. Area Overview Sonoma County is conveniently located 30 miles north of San Francisco. With over 200 award-winning wineries, scenic coastline and beaches, the mystical Russian River, majestic redwoods, 21 challenging golf courses, a thrilling road course and drag strip, more than 40 spas, fascinating museums, shopping, galleries, diverse festivals, farm markets and a variety of incredible eateries. Sonoma County has its own airport, with flights from San Diego, Los Angeles, Portland, and Seattle, or via a transfer from another Alaska, Delta, or American flight. Otherwise, Sonoma County is located: 75 miles, 1:33 hours north of San Francisco International (SFO) 76 miles, 1:30 hours North of Oakland International (OAK) 119 miles, 2:06 hours West of Sacramento International (SMF)

16 City of Santa Rosa Overview Santa Rosa, California is the county seat of Sonoma County. It is the largest city in the North Bay Area and all of California s Wine Country. The city of Santa Rosa is the North Bay s premier location and as a business and service hub, Santa Rosa is the economic engine that drives the region. As the largest city between Portland and San Francisco, Santa Rosa serves a four county region as the hub for technology and entrepreneurial businesses, retail, banking and employment. Santa Rosa has a dynamic and well-balanced economy, anchored by strengths in tourism, high-tech manufacturing and retail. Residents enjoy a superb quality of life while employers benefit from a skilled workforce. Santa Rosans have a deep appreciation for the arts, education, conscientious business development and quality living. The city of Santa Rosa offers a one-stop permitting process, easy access to Economic Development program staff and Community Development staff, collaborative partnerships with key business players; from our local chambers of commerce, the higher education institutes, brokers, benchmark industries, and community organizations to a global venture community, just to name a few. The city of Santa Rosa is conveniently located just 55 miles north of San Francisco via the Golden Gate Bridge. Santa Rosa is a main shopping hub for the surrounding neighborhoods near and along the 101 corridor, such as Petaluma, Rohnert Park, Windsor, Sonoma, Healdsburg, and Sebastopol. Santa Rosa has several prominent shopping districts, including Downtown, Santa Rosa Avenue, and Montgomery Village, offering a variety of general retail, boutique shops, dining, and entertainment. There are two regional shopping malls, Coddingtown Mall and Santa Rosa Plaza. County Overview Home to approx. 500,000 people, Sonoma County is a prime location for tourism as well as residence. Just a short drive from the San Francisco Bay Area, there are nine incorporated cities in the county, in addition to seventeen unincorporated areas. The city of Santa Rosa is the most populous area, home to approximately one-third of the county s population and was recently named as one of the nation s most livable communities by Partners for Livable Communities. Sonoma County s unemployment rate is one of the lowest in California and the county continues to show long-term job growth in the health care, hospitality and business service sectors. For the leisure, hospitality, educational and health services, which includes trade schools, social workers and health care professionals, has seen employment growth improve on a year-over-year basis. And business and professional services jobs have increased from a year earlier. In addition, new housing continues to increase throughout the county, while job growth and taxable sales also continue to rise. Area Overview

17 Closed Retail-Mixed Use Sale Comparables Address Sale Price Cap Rate Building Size Price/Sq. Ft. Occupancy Year Built Sale Date Bellevue Marketplace 2770 Stony Point Road, Santa Rosa Cleveland Shopping Center 1965 & 1975 Cleveland Ave, Santa Rosa Santa Rosa Cross Roads Plaza 2550 Guerneville Rd, Santa Rosa Kawana Center 2350 Santa Rosa Ave, Santa Rosa Petaluma Gateway Lakeville Hwy, Petaluma Piner Square 1940 Piner Rd, Santa Rosa Shiloh Center Pad 6580 Hembree Ln, Santa Rosa Sonoma Gateway Shopping Center 6265 Commerce Blvd, Rohnert Park $4,845, % 21,230± sf $ % /30/2015 $16,300, % 51,740± sf $ % /10/2015 $3,800, % 11,878± sf $ % /29/2014 $5,600, % 11,005± sf $ % /20/2014 $8,850, % 19,950± sf $ % /13/2014 $2,950, % 9,740± sf $ % /9/2013 $4,450, % 14,210± sf $ % /11/2013 $5,060, % 15,333± sf $ % /20/2013 Comparables

18 Closed Multi-Tenant Residential Sale Comparables Address Todd Road. Santa Rosa Parkhurst Dr. Santa Rosa 48 Lark Center Dr. Santa Rosa 3320 Mendocino Ave. Santa Rosa 2150 Meadowbrook Ct. Santa Rosa 1530 Boston Ct Santa Rosa Lark Center Dr Santa Rosa Sale Price P.S.F $1,425,000 $203,571 $7,300,100 $208,574 $2,510,000 $209,167 $1,531,650 $218,807 $3,675,000 $193,421 $8,000,000 $380,952 $1,200,000 $200,000 Cap Rate Gross Rent Multiplier Building Size Number of Units Year Built Sale Date x 6,071± sf 7 1/20/ % 12.02x 26,762± sf /29/ ,062± sf /22/ % 8,000± sf /19/ % 19,325± sf /25/ ,612± sf /28/2014 5% 14.42x 6,200± sf /12/2014 Comparables

19 Skyhawk Village For Sale Photographs

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22 Disclaimer Contact Information This property is being offered on an as-is basis. While the Broker believes the information in this brochure to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained in this brochure. This property owner requests that you do not disturb the Tenants, as the property will only be shown in coordination with the Listing Agents. Shawn Johnson Managing Partner / SIOR BRE # (707) ext SJohnson@KeeganCoppin.com This brochure is presented under the terms and conditions of the Confidentiality Agreement. As such, the material contained in this brochure is confidential and is provided solely for the purpose of considering the purchase of the property described herein. Offers should be presented to the agents for the property owner, Shawn Johnson and Rhonda Deringer of Keegan & Coppin Company, Inc. Prospective buyers are encouraged to provide buyers background, source of funds and any other information that would indicate their ability to complete the transaction smoothly. Rhonda Deringer Partner BRE # (707) ext RDeringer@KeeganCoppin.com KEEGAN & COPPIN COMPANY, INC. ONCOR International 1355 North Dutton Avenue Santa Rosa, CA (707) Fax: (707)