FOR SALE. Office on The Blvd

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1 COMMERCIAL OFFICE BUILDING Office on The Blvd Coldwell Banker Commercial Valley Realty is pleased to present this Commercial Office Building located on The Blvd, where the dramatic transformation through a complete streetscape redesign was completed in Since this renovation, more than 60 businesses have either opened or relocated to this thriving downtown area! Already home to the renowned Museum of Art & History and Lancaster Performing Arts Theater, The Blvd was recently named a California Cultural District, a distinction bestowed upon only 14 destinations throughout the state! Harvey Holloway BRE # (661) ext. 22 Harvey@cbcvalleyrealty.com Coldwell Banker Commercial Valley Realty th Street West, Suite E Lancaster, CA 93534

2 COMMERCIAL OFFICE BUILDING EXECUTIVE SUMMARY 857 W LANCASTER BLVD LANCASTER, CA Price $629,000 Property Type Building Size Construction Office/Commercial 3,224+/-sf F & S Year Blt/Reno 1924/1991 Parking 4/1000* Lot Size 9,540+/-sf APN Zoning Downtown SP C PROPERTY OVERVIEW: Rare, free standing professional office building is well suited for a wide variety of professional uses offering 5 large, executive offices with adjacent workstation areas, spacious library/conference room with built-in shelving, a large kitchen/ break area and 2 restrooms. The building was renovated in 1991 and utilizes 4 separate HVAC roof mount units for heating & cooling. This property includes an exclusive easement for additional parking and the existing trash enclosure and non-exclusive easements for ingress and egress out to Kildare Street. This prime Blvd location is within the Commerce District (CD-1) of the Downtown Specific Plan insuring a consistency and uniformity of development standards and is adjacent to the new Marriott Residence Inn now under construction. This new five-story, 105- room hotel will feature a rooftop pool, a high-end lobby and podium parking.

3 COMMERCIAL OFFICE BUILDING FLOOR PLAN Lancaster Boulevard

4 COMMERCIAL OFFICE BUILDING INTERIOR PHOTOS

5 COMMERCIAL OFFICE BUILDING Subject property & Appurtenant Easements

6 COMMERCIAL OFFICE BUILDING THE BLVD SP ZONING MAP Throughout 2010, the stretch of Lancaster Boulevard now known as The BLVD underwent a dramatic transformation through a complete streetscape redesign. A new street, lighting, street furniture, traffic pattern, landscaping, and more has helped bring about the renaissance of The BLVD as the heart of downtown Lancaster, a central hub of activity and community. More than 60 new businesses have flocked to The BLVD, attracted by its lively, upbeat vibe and sophisticated atmosphere. In addition to being a California Cultural District, The BLVD is also a premier destination for personal and professional services offering a wide range of professional services, including accounting, attorneys, banking, insurance, and more. Perhaps the most significant change coming to The BLVD will be the addition of a new Marriott Residence Inn now under construction at the northwest corner of Gadsden Ave and Lancaster Blvd. Marriott Residence Inn is the number one performing select-service extended-stay hotel brand in the world! This new five-story, 105-room hotel will feature a rooftop pool, a high-end lobby and podium parking. Another significant addition to the downtown s new attractions will be a Regency Theatre, which will take over the space used by the former BLVD Cinema. Renovation of the theatre has already begun and is expected to include new state-of-the-art electric reclining chairs and other upgrades! Regency already operates 19 theatres throughout Southern California. The Forge department store space offers a unique lifestyle experience in the heart of downtown Lancaster and will be divided into smaller independent spaces to allow for more commercial opportunities to capitalize on the resurgence of commerce along The BLVD.