100 N ARLINGTON AVENUE 1ST & 2ND FLOOR RENO, NEVADA

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1 100 N ARLINGTON AVENUE CONTACT US DAVID WOODS, CCIM david.woods@cbre.com MATT GRIMES, CCIM Matt.grimes@cbre.com CBRE, INC S. McCarran Blvd. Suite 3000 Reno, NV 89509

2 100 N ARLINGTON AVENUE TABLE OF CONTENTS EXECUTIVE SUMMARY... 1 BUILDING HIGHLIGHTS... 2 BUILDING LOCATION... 2 DEMOGRAPHICS... 3 FLOOR PLANS PROPERTY PICTURES... 8 RENO/SPARKS OVERVIEW... 9

3 EXECUTIVE SUMMARY CBRE is please to present this value-add investment opportunity. The offering includes the 1st and 2nd floor of 100 N Arlington Avenue totaling 22,442 square feet. The property sits on the corner of 1st Street and Arlington Avenue directly across the street from Wingfield Park and the Truckee River in an area known locally as Start-Up Row. This prime downtown location provides tenants easy walk ability to a variety of downtown amenities and the ability to live on-site in the nineteen floors of residential condos that exist above the three floors of commercial space. The 2nd floor, totaling 11,834 sq ft is 100% leased to CAEK Inc. a female-founded Software-as-a-Service (SaaS) company providing compliance software for the healthcare industry. The 1st floor includes a mix of retail and office tenants. Approximately 5,172 square feet sits vacant in the front half of the ground floor, with expansive windows offering prime visibility and views of the Truckee River and Sierra Nevada mountains. The 1st and 2nd floor have undergone significant renovations, including lighting, electrical, common area, code related upgrades and more. The ground floor vacancy is in excellent condition, with numerous quality upgrades in place. The space could be occupied As-Is, or converted to a higher and better use, such as, a restaurant. This offering provides an investor with stable in-place cash flow with potentially significant upside opportunity through the lease-up of the premium ground floor vacancy.

4 BUILDING HIGHLIGHTS $3,590, For Sale 1st & 2nd floors of Arlington Towers + + APN First Floor APN First Floor APN Mezzanine APN nd Floor + + Total SF 22,442 SF BUILDING LOCATION 100 N. Arlington is very well located in the downtown submarket. The property sits on the corner of 1st Street and Arlington Avenue directly across the street from Wingfield Park and Truckee River in an area known locally as Start-Up Row. Beautiful views of the Truckee River, the River Walk, Kayak Park and Wingfield Park is directly across the street. Walking distance to restaurants and shopping. Close proximity to I-80, Reno Tahoe International. In addition, the highly visible building benefits from immediate access to public transportation st floor 10,608 SF + + 2nd floor 11,834 SF + + Retail and office space + + Floors 4 through 22 are residential + + Built Renovated 2016 Approximate 6% cap rate on in-place income. For financial information please contact David Woods or Matt Grimes directly. SITE

5 OFFERING PACKAGE A IERR N. S N GTO RLIN N. A ST.. AVE SITE SITE ET RE ST ST W. 1 E KE UC R R T VE RI w w w.c b r e.c om/ Re no WINGFIELD PARK DEMOGRAPHIC REPORT Mile 3 Miles 5 Miles Population 21, , ,088 Daytime Employment 37, , ,181 Households 11,619 54,048 92,027

6 FIRST FLOOR 10,608 SF

7 SECOND FLOOR 11,834 SF

8 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

9 OFFERING PACKAGE RENO/SPARKS OVERVIEW Greater Reno-Tahoe encompasses the cities of Reno, Sparks, Carson City, Minden/Gardnerville, and Incline Village. The region is centrally located to major western cities including Sacramento, San Francisco, Portland, Salt Lake City, Las Vegas and Los Angeles, all within a day s drive. With its many recreational opportunities, a rich quality of life and no state taxes for businesses, the area is strongly poised for continued growth. Reno is home to the University of Nevada; a Triple-A baseball park; and a number of industrial giants, including Tesla, Microsoft Licensing, Amazon and International Gaming Technology. NEVADA S TAX STRUCTURE ++ No Corporate Income Tax ++ No Personal Income Tax ++ No Inventory Tax ++ No Unitary Tax ++ No Estate and/or Gift Taxes ++ No Franchise Tax ++ No Inheritance Tax ++ No Special Intangible Tax w w w.c b r e.c om/ Re no