Offering Memorandum OWNER USER OPPORTUNITY WITH POSSIBLE RENTAL INCOME Garden Grove Blvd., Garden Grove, CA TURN KEY DENTAL PRACTICE

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1 Offering Memorandum 8471 Garden Grove Blvd., Garden Grove, CA OWNER USER OPPORTUNITY WITH POSSIBLE RENTAL INCOME YOUR SIGN HERE Exclusively Offered By: TURN KEY DENTAL PRACTICE Stan S. Kwak T: E:

2 OFFERING MEMORANDUM 8471 Garden Grove Blvd., Garden Grove, CA Confidentiality Agreement THIS CONFIDENTIAL PROPERTY INFORMATION PACKAGE (Package) is intended solely for your own limited use in considering the pursuit of negotiations for the property located at 8471 Garden Grove Blvd., Garden Grove, California (Property) and is not intended to be an offer for the sale of the Property. Voit Real Estate Services has prepared this confidential Package, which contains brief, selected information pertaining to the business and affairs of the Property. Any information contained herein is obtained from sources considered reliable. However, neither the Owner of the Property nor Voit Real Estate Services purport this Package to be all-inclusive or to contain all the information a prospective purchaser may desire. In addition, neither the Owner nor Voit Real Estate Services is responsible for any misstatement of facts, errors, omissions, prior sale, and withdrawal from market, or change in terms, conditions or price without notice. The information supplied herein is for informational purposes only and neither the Owner, nor Voit Real Estate Services, make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential Package or its contents and no legal liability is assumed or implied with respect thereto. Any person or firm intending to rely upon the information herein should verify said information independently. By acknowledgment of your receipt of this Package, you agree that: its contents are confidential; you will hold and treat it in the strictest of confidence; you will not, directly or in directly, disclose or permit anyone else to disclose this Package or its contents to any person, firm,or entity without prior written authorization of Voit Real Estate Services; you will not use or permit this Package or its contents to be used in any fashion or manner detrimental to the interest of the Owner of the Property. PHOTOCOPYING OR OTHER DUPLICATION OF ANY PART OF THIS PACKAGE IS STRICTLY PROHIBITED. THE OWNER OF THE PROPERTY EXPRESSLY RESERVES THE RIGHT AT ITS SOLE DISCRETION TO REJECT ANY OR ALL PROPOSALS OR EXPRESSIONS OF INTEREST IN THE PROPERTY AND TO TERMINATE DISCUSSIONS WITH ANY PARTY AT ANY TIME WITH OR WITHOUT NOTICE. THIS PACKAGE SHALL NOT BE DEEMED A REPRESENTATION OF THE STATE OF AFFAIRS OF THE PROPERTY NOR CONSTITUTES AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF PREPARATION OF THIS PACKAGE. THE PROPERTY WILL BE SOLD ON AN AS-IS, WHERE-IS BASIS WITHOUT REPRESENTATION OR WARRANTY. If you do not wish to pursue negotiations leading to the acquisition of this Property, or if you discontinue such negotiations, you agree to return this confidential Package to Voit Real Estate Services. If you do not agree to abide by the terms stipulated in this Statement, please return this package to Voit Real Estate Services prior to your review of the information contained herein. Page 2

3 OFFERING MEMORANDUM 8471 Garden Grove Blvd., Garden Grove, CA Investment Summary Offering Summary - Owner User PURCHASE BY OWNER USER - Extremely rare owner-user opportunity to purchase a free-standing building with an established turn-key dental practice in the City of Garden Grove. This state of the art facility consists of multiple patient treatment areas and the latest functional tenant improvements. With over $500,000 in original improvements and the established clientele, this investment offering provides the perfect opportunity for an established dentist to expand with minimal risk or a dentist starting a new practice to expedite the stabilization. Unlike many dental practices that are subject to constant lease rate hikes by difficult landlords, this purchase opportunity allows the dental practice to fix occupancy costs while building equity. FINANCIAL SUMMARY Asking Price: $2,250,000 What s Included: Building 1 Building 2 4,500 SF freestanding building (fee simple) - Existing dental fixtures and furniture with exception of x-ray machine. - Dental practice with existing patients. - (No goodwill value added to purchase price. Strictly real estate deal. Patients are a bonus.) 2,000 SF Owner Occupied by Dentist (No Rental Income) 2,500 SF Total (Available to Expand Dental Practice or Rent Out) Unit Size Pro-Forma Rent PSF Total Pro-Forma Rent (Monthly) Unit 2A 1,250 SF $1.75 NNN $2, Unit 2B 1,250 SF $1.25 NNN $1, Total Proforma Rental NOI: $3, Page 3

4 OFFERING MEMORANDUM 8471 Garden Grove Blvd., Garden Grove, CA Investment Summary Offering Summary - Investor SALE / LEASEBACK - Seller is willing to leaseback Building 1 (Existing Dentist $2.00 PSF NNN on a long term deal. Buyer will lease out Building 2 per pro-forma below. FINANCIAL SUMMARY Asking Price: $2,100,000 What s Included: Building 1 Building 2 4,500 SF freestanding building (fee simple) 2,000 SF Long term leaseback at $2.00 PSF NNN 2,500 SF Total (Available to expand dental practice or rent out) Unit Size Pro-Forma Rent PSF Total Pro-Forma Rent (Monthly) Unit 1 2,000 SF $2.00 NNN $4, Unit 2A 1,250 SF $1.75 NNN $2, Unit 2B 1,250 SF $1.25 NNN $1, Total Monthly Proforma Rental NOI: Proforma Cap Rate: $7, / Month 4.43% at asking price Page 4

OFFERING MEMORANDUM 8471 Garden Grove Blvd., Garden Grove, CA Property Description Property Description Address: Building Size: 8471 Garden Grove Blvd.

5 OFFERING MEMORANDUM 8471 Garden Grove Blvd., Garden Grove, CA Property Description Property Description Address: Building Size: 8471 Garden Grove Blvd. Garden Grove, CA 4,500 Square Feet APN #: Parking: Lot Area: 18 Spaces may be possible 18,225 SF - Approximate Year Built: Building 1 Refurbished 2012 Building 2 Built 2012 Zoning: GGMU2 Construction Type: Fire Sprinklers: Yes *All information provided is deemed accurate. However, buyer shall confirm all information independently. Seller and broker do not guarantee the accuracy of information. Page 5

6 OFFERING MEMORANDUM 8471 G arden G rov e B lv d., G a r d e n G r o ve, CA Re t a il Ae r ia l Retail Aerial 5 Disneyland Los Alamitos Racetrack Anaheim Convention Center Armed Forces Reserve Center SITE Westminster Mall Golden Go West College Bella Terra Page 6

Offering Memorandum 8471 GARDEN GROVE BLVD. Garden Grove, CA 92844 Exclusively Offered By: Stan S. Kwak T: 714-526-111 E: skwak@voitco.com Real Estate Broker, CA BRE License #01824776 2400 E.

7 Offering Memorandum 8471 GARDEN GROVE BLVD. Garden Grove, CA Exclusively Offered By: Stan S. Kwak T: E: Real Estate Broker, CA BRE License # E. Katella Ave., Suite 750, Anaheim, CA Fax Lic # Licensed as a Real Estate Broker [Salesperson] by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it Voit Real Estate Services, Inc. All Rights Reserved. Real People. Real Solutions. is a registered trademark of Voit Real Estate Services.

FOR SALE > BANK OWNED REO > MULTI-FAMILY BUILDING OFFERING MEMORANDUM

FOR SALE > BANK OWNED REO > MULTI-FAMILY BUILDING OFFERING MEMORANDUM Multi-Family 23 Silver Street Norwich, NY 13815 Table of Contents > EXECUTIVE SUMMARY Property Overview... 3 Aerial... 4 > FINANCIAL