QUASI RETAIL / MEDICAL OFFICE BUILDNG. Quasi Retail/Medical Office 21,415 SF

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1 QUASI RETAIL / MEDICAL OFFICE BUILDNG FOR SALE HIGHLIGHTS: Frontage on East Horizon Ridge with Direct Access via Interstate 515 Located within an Underserved submarket with strong supporting demographics Excellent Ingress and Egress Opportunity for owner/user to take over 4,020 SF of continuous space Price: Property Type: Quasi Retail/Medical Office GLA: 21,415 SF Price/SF: $291 CAP Rate: 7% NOI: $463,310

2 FOR SALE AERIAL OVERVIEW

3 FOR SALE PROPERTY OVERVIEW Virtus Commercial is pleased to present the opportunity to purchase anchored retail Center that has major retailers including, Buffalo Wild Horizon Village Square (HVS), a +/-21,415 SF quasi Retail/Medical Wings, Wells Fargo, Cold Stone Creamery, Starbucks and CVS Phar- Office building. Built in 2005 HVS is located just off Interstate 515 macy. Having frontage on East Horizon Ridge Parkway with immedi- on East Horizon Ridge Parkway in Henderson, Nevada. HVS reaps ate access off Interstate 515, HVS has proven to be an ideal location the benefits of being located only steps away from a Vons Grocery for a wide variety of retail and medical office tenants. *Estimated

4 FOR SALE FINANCIALS OFFICE BUILDING 70 East Horizon Ridge Parkway Henderson, NV Type: Medical/Office/Retail Sq Ft: 21,415 Yr Built: 2005 Acres: 2.19 Zoning: CC Const: Frame & Stucco Parking: Shared Spots: Ratio: PRICING SUMMARY Opinion of Value: Price Per Sq Ft: Net Operating Income (NOI): $436, Current CAP Rate: 7.00% FINANCING ANALYSIS.00 $ Interest Rate: 4.50% Down Payment: $1,870, Amortization (yrs): 25 Net Cash Flow: $145, Loan to Value: 70% Cash on Cash Return 7.78% Term (yrs): 10 Year 1 Principal Paydown: $96, Loan Amount: $4,364, Total Return Year 1: 12.95% Loan Payment: $291, Debt Service Coverage Ratio (DSCR): 1.50 PROPERTY OPERATING DATA Budget Income Per Sq Ft Annual Totals Base Rent $ $ 511, CAM/Tax/Ins Reimbursement $ 0.56 $ 11, Other Income $ - $ - Sign Rent $ 0.31 $ 6, Total Income $ $ 530, Current Vacancy: 18.77% Seller to guarantee rent ($1.75) on two vacant units if not leased prior to close for up Vacancy Factor: 0.00% to 12 months; rent left in Escrow $ - $ - Total Effective Income $ $ 530, Expenses Maintenance Expenses $ 0.94 $ 20, Electricity $ 0.18 $ 3, Recycling $ 0.06 $ 1, Trash $ 0.27 $ 5, Water $ 0.28 $ 6, Association Dues $ 0.02 $ Property Management 5% $ 1.24 $ 26, Insurance $ 0.18 $ 3, Property Taxes $ 1.22 $ 26, Total Expenses $ 4.39 $ 93, Net Operating Income $ $ 436,567.75

5 FOR SALE RENT ROLL - Occupancy Summary SQ FT # UNITS OCCUPANCY Occupied Units 21, % Vacant Units % Totals 21, % Tenancy Unit(s) Lessee Area Lease From Lease To Term Yrs 100 Sarah C Heiner M.D., P.C. 1,238 08/01/ /31/ Rick Burnam Agency, Inc 1,512 08/15/ /31/ Young s Karate 2,010 09/01/ /31/ Lease Pending 2, Lease Pending 2, Dung Bui DMD dba Dedicated 2,010 05/09/ /31/ Steven E Grant O.D., P.C. 2,010 01/10/ /31/ Dr James Gibson (Orthodontics) 2,010 10/01/ /31/ Tru Physical Therapy 6,605 04/15/ /14/

6 FOR SALE TENANT BIOS YOUNG S KARATE L.L.C Professional Karate studio in the style of Song Moo Kwan Taekwondo that is extremely involved with the community and an extensive array of programs. They regularly host events; with the most recent being Red Cross Donations and Local. Elementary Fundraiser for Students Participating in Leadership Programs. Became a tenant September 1, 2012 (Suite 120) occupying 2,010 sq ft. TRU PHYSICAL THERAPY Privately owned outpatient physical therapy clinic est offering a wide variety of services including: post surgical rehabilitation, weight loss programs, yoga and many more. Became a tenant April 15, 2005 (Suite 180) occupying 6,605 sq ft. 1 location with 11 employees. SARAH C. HEINER M.D Board certified Doctor of internal medicine who is a graduate from the 6 year Honors Program in Medicine at Northwestern University and received her M.D. in Her office offers a wide range of services from comprehensive history and physical exams to on site blood drawing and evaluation and treatment of basic skin and musculoskeletal complaints. Her practice emphasizes outpatient management of illnesses, both common place and rare, and general wellness with a focus on prevention. RICK BURNAM AGENCY Independent insurance agency offering a variety of policies for both individuals and businesses. Became a tenant August 15, 2005 (Suite 110) occupying 1,512 sq ft. STEVEN E GRANT OD PC Optometrist who graduated from Pacific University and has been in practice for 20 years. They offer comprehensive eye exams, co-management for laser and cataract surgeries, frame styling, and contact lens fitting of all types. Became a tenant January 10, 2006 (Suite 160) occupying 2,010 sq ft. DEDICATED DENTAL Dental office that uses state of the art technology to decrease treatment time and monitors vital signs durning treatment to reduce stress. Some of their services include pediatric dentistry, cosmetic dentistry (implants, bridges, veneers), full mouth reconstruction, emergency dental service, Invisalign, and professional teeth whitening. Became a tenant May 9, 2006 (Suite 150) occupying 2,010 sq ft. GIBSON ORTHODONTICS Orthodontist who graduated from a local high school in Henderson with both his dental degree and his Master of Science in Orthodontics and Dentofacial Orthopedics from Loma Linda University School of Dentistry. Using Cutting edge technology they are able to offer modern treatment for both children and adults. Became a tenant October 1, 2007 (Suite 170) occupying 2,010 sq ft. 1 location with 10 employees.