LA Pinata Mall 215 West Bridge Street Yerington, Nevada 89447

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1 LA Pinata Mall 215 West Bridge Street Yerington, Nevada INVESTMENT HIGHLIGHTS Clean and attractive ten tenant office complex Desirable location with frontage on W. Bridge St. 20,758 gross square foot Building Over 72% tenants are guaranteed by the government Priced below replacement cost Executive Summary 215 West Bridge Street Yerington, NV List Price $1,600,000 Price Per sqft $77.00 CAP 7.7% - 9.2% CAP with Scheduled Increases Building S.F. Gross 20,758 No. of Buildings 1 Parcel Size 1.1 acres (47,916sqft) Year Built Approx Number of tenants 10 Occupancy 72% of tenants are guaranteed by the government. Long term tenants. Annual increases. Adam Farmer P. (951) F. (951) belco2@verizon.net Adams Ave Suite 200 Murrieta, CA 92562

2 LA Pinata Mall 215 West Bridge Street Yerington, Nevada Investment Overview 20,758 square foot office building, parcel size 47,916 square foot, with 72% of tenants guaranteed by the government. Building is occupied by 10 long term tenants. Most have annual increases. Property is located on West Bridge Street, Yerington s Main West & East thoroughfare which connects to HWY 95. Area Situated along the banks of the Walker River, the green fields and tree lined highways of Mason Valley are surrounded by picturesque mountains full of history such as ghost towns and mining camps and opportunities for outdoor activities like rock climbing or rock hounding, hiking, camping, mountain bike trails, fishing and hunting. If the hospitality is not enough, the recreation abounds for everyone Yerington is located in western Nevada, situated along the banks of the Walker River, 66 miles from Lake Tahoe, 68 miles form Carson City and 82 miles form Reno. Adam Farmer P. (951) F. (951) belco2@verizon.net Adams Ave Suite 200 Murrieta, CA 92562

3 Rent Roll Summary Suite Tenant GLA Monthly Annual Lease Lease Rent/ Changes Annual options Lease Rent Rent Commence Expires SF On Increases Type 1&2 Title Service & 3,929 $3,143 $37,716 5/1/03 4/30/11 $.080 3/31/11 None 3-1 year MG Escrow 3 W. Carpenter 845 $676 $8,112 10/1/1993 Mth to Mth $ /1/10 4% None MG Attorney 4 State of NV. 877 $ $11,625. 2/12/00 4/30/11 $ /1/08 3% 1-5 year MG Child Protection 5 State of NV. 2,895 $4, $57,174 1/1/07 12/31/11 $1.65 1/1/11 See Below 1-5 year MG Mental Health 6&7 State of NV. Welfare 1,480 $1, $19, /1/03 2/29/12 $1.46 7/1/08 None 1-5 year MG 8 Lyon Council 1,299 $1,445 $17,340 6/1/01 5/31/11 $1.11 2/1/09 None 1-5 year MG 9 State of NV. 1,260 $1,080 $12,960 6/1/1988 5/31/14 $0.85 6/1/11 See Below 1-5 year MG Motor Vehicle 10 State of NV. 250 $ $2, /1/1988 5/31/13 $0.95 6/1/11 See Below 1-5 year MG Highway Patrol 11 National Fish 835 $835 $10,020 8/1/10 7/31/12 $1.00 8/1/11 3% None MG & Wildlife 11A USDA Farm 3,452 $3,445 $41,340 3/11/1993 5/31/10 $0.99 Mth to Mth None MG Total Vacant 0 $.00 $.00 00% Total Occupied 17,122 $18,237.7 $218, % Total 17,122 $17,237.7 $218, % Increases Suite #5 State of NV Mental Heath Rent increases to $4, on 1/1/11 Suite # 9 State of NV. Motor Vehicle Rent increases to $1, on 6/1/11, $1, on 6/1/12 and $1, on 6/1/13 Suite #10 State of NV HWY Patrol Rent increases to $ on 6/1/11 Percent Leased Title & Escrow 22.94% Attorney 4.9% Child protection 5.12% Mental Health 16.90% Welfare 8.64% Lyon Council 7.58% Motor Vehicle 7.35% Highway Patrol 1.46% Fish & Wildlife 4.87% USDA Farm 20.16% Annualized Operating Data Occupied Space $218, Gross Potential Rent $218, Vacancy 3% $ 6, Effective Gross Income $218, Total Expense $ 84, Net Operating Income $123, Total Return $123, Annualized Operating Data, Tenant s with upcoming increases Title & Escrow Month- to- Month 4/30/11 Attorney Last increase 6/1/09 Child protection Increase $30 in 4/30/11 Mental Health Increase $ /1/11 Welfare No increases Lyon Council Month- to- month 5/31/11 Motor Vehicle Increases $ /1/11 Highway Patrol Increase 6/1/11 Fish & Wildlife Increases 3% 8/1/11 USDA Farm Month- to- Month Scheduled Income with upcoming Increases $233, Expense Water, Trash, Sewer & Electricity $36, Repairs $19, Cleaning/Maintenance $14, Property Taxes $ 8, Insurance $ 3, Supplies $ Legal/Accounting $ Total $85, Adam Farmer P. (951) F. (951) belco2@verizon.net Adams Ave Suite 200 Murrieta, CA 92562

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