ONCOR INTERNATIONAL & 285 SUTTON PLACE Santa Rosa, California. For More Information Contact: Shawn Johnson, Managing Partner SIOR

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1 Keegan & Coppin REAL ESTATE KEEGAN & COPPIN COMPANY, INC. ONCOR INTERNATIONAL Commercial Real Estate Services INDUSTRIAL INVESTMENT OFFERING & 285 SUTTON PLACE, California SALE PRICE: $2,670,000 Vicinity Map For More Information Contact: Shawn Johnson, Managing Partner SIOR KEEGAN & COPPIN COMPANY, INC. ONCOR INTERNATIONAL 1355 North Dutton Avenue, CA (707) Fax (707) License #: O N C O R I N T E R N A T I O N A L Offi ces in 220 Cities: UNITED STATES, CANADA, DENMARK, FRANCE, GERMANY, INDIA, AUSTRIA, RUSSIA, CHINA, AUSTRALIA, UNITED KINGDOM, THE NETHERLANDS, MEXICO, JAPAN, ITALY, SPAIN, SWITZERLAND, CZECH REPUBLIC, BELGIUM, POLAND, NORWAY, UKRAINE, SWEDEN, FINLAND, HUNGARY, BRAZIL, CHILE, ARGENTINA, IRELAND The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein. Maps provided by Google Inc. & Microsoft Corp., respectively.

2 TABLE OF CONTENTS Section 1 Investment Summary & Highlights Section 2 Property Summary Section 3 Annual Income/Expense Summary Rent Roll Section 4 Aerial, Vicinity Map, Site Plan Section 5 Sales Comparables Section 6 Lease Comparables

3 Section 1 INVESTMENT SUMMARY & HIGHLIGHTS PROPERTY OVERVIEW Price $2,670, Price Per SF $77.35 NOI (Annual) proforma $200,284 Cap Rate 7.5% Annual Debt Service $115,189 Annual Cash Flow $85,095 Cash On Cash % 7.8% Proforma Loan Lender (Proforma) US Bank Origination Date COE Maturity 5 Years Loan Amount $1,580,000 Interest Rate 5.39%* 25 Years Annual Debt Service $115,189 The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein

4 Section 2 PROPERTY SUMMARY Size: Description of Improvements: Approximately 34,520 SF Both industrial warehouse buildings together contain approximately 34,520 square feet and were built in Sutton Place is an approximate 17,000 square foot building including 1,000 square feet of office space. 285 Sutton Place is an approximate 17,520 square foot industrial building including 1,820 square feet of office space. There are on-site asphalt-paved parking spaces including dock high and grade level truck loading. There is additional parking along the dock walls of each of the buildings. Site Description: Neighborhood Description: Site is one single parcel that contains approximately 2.57 acres or 111,949 square feet. Site is zoned M2 (Heavy Industrial) District, County of Sonoma. The subject property is in the southwestern portion of as defined by California Highway 12, extending East/West, and U.S. Highway 101, extending North/South. The parcel is outside the City Limits of, however, it is within the Urban Service District of and has public utilities provided by the City. Coverage: 30.8% The parcel is situated at the northeast corner of Standish Avenue and Sutton Place, North of Todd Road, South of West Robles Rod and East of Primrose Avenue. It is within that area generally known as Industry West, an industrial park containing approximately 30 industrial buildings of various sizes, mostly of metal construction. The subject parcel is situated just South of Oak Manor Industrial Park, which also contains approximately 30 buildings of various size and construction. The parcels are situated Southwest of the Corby Auto Mall, which is s primary automobile sales market area. Uses in Industry West include the West County Transportation Agency, which operates and maintains school buses and North Bay Corporation, which operates the largest waste management company in the county. The majority of uses within Industry West are light industrial and warehousing. Power: Telecom: Assessments: Natural gas and electricity provided by PG&E Telephone services provided by AT&T None The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein

5 Section 3 ESTIMATED ANNUAL INCOME/EXPENSE SUMMARY Annual Scheduled Income $240,072 Reimbursement Taxes & Insurance: $11,872 Adjusted Gross $251,944 Less Annual Expenses Property Taxes (2009) $34,206 Insurance (2009) $3,050 Management (3%) $7,202 Utilities Tenant Repairs & Maintenance (2%) $4,802 Landscaping Tenant Reserves (1%) $2,400 Total Annual Expenses $51,660 Annual Net Operating Income $200,284 Capitalization Rate 7.5% The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein

6 Section 3 Building Sutton Place RENT ROLL Unit Tenant Use Total SF Area Office Monthly Rent Rent/SF Term/Exp. Rent Adjustment Options 253 Ace Marine Boat Repair, Restoration 6,000 sf $3,300 N $ yr. 10/31/ Bimbo Bakeries Food 11,000 sf 1,000 $5,500 Net 3 $ yrs. Distribution 3/31/13 Estimated Reimbursement Taxes & Ins: $989.33/month 4/1/11: $5,665 4/1/12: $5, Building Sutton Place 285A SOH Dist. Distribution Food/Supplies 12, $7,408 N $ yrs. 12/31/12 1/1/11: $7,630 1/1/12: $7,859 Dreyer s Grand Ice Cream Distribution/ Freezing Food Supplies 4,748 1,520 $3,798 N $ yrs. 12/31/12 1/1/11: $3,912 1/1/12: $4,029 TOTALS 34,520 sf $20,006 (Rent Per Annum) 34,520 sf $240,072 Reimbursement Taxes & Insurance: $11,872 Total Adjusted Gross Income: $251,944 The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein

7 Section 4 AERIAL, SITE PLAN and VICINITY MAP The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein

8 Site Plan Subject Parcel

9 Section 5 SALES COMPARABLES Location Mc Maude Place Recording Date Sale Price RSF Price / Sq. Ft. 8/6/2009 $900,000 7,140 $ Site Area Yr. Built Quality/ Condition CAP Rate Redwood Dr. Rohnert Park 12/31/2009 $1,450,000 20,000 $ Houser Street Cotati 8/7/2009 $1,864,800 23,592 $ Average Dutton Avenue Standish Avenue Blodgett Street Cotati W. Steele Lane Sutton Place Sutton Place E. Todd Road 5/19/2008 $2,650,000 15,000 $ Avg - Good 6.74% 1/4/2007 $5,050,000 36,660 $ Avg - Avg 5.50% $2,875,000 18,944 $ Avg - Good 5.43% 3/27/2008 $2,372,225 19,200 $ Average 3/25/2008 $1,875,000 15,384 $ Average 5/17/2008 $5,400,000 49,592 $ Average 6.25% 10/24/2008 $1, ,950 $ Average SUBJECT $2,670, ,520 $ Average 7.5% Proforma The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal.

10 Section 6 LEASE COMPARABLES Unit Location Tenant Total SF Rent PSF Laughlin Rd, Tastingroom, Inc. 9, Gross Todd Road, Graybar Electric 13,220 $0.98 NNN Standish Ave. DCI Cheese Co. 8,210 $0.45 Gross Corporate Center Amy's Kitchen 35,626 $0.47 NNN Sutton Place, Young's Market 14,770 $0.785 NNN Sutton Place, Billington Imports 24,000 $0.72 NNN Ferdinand Court, Russian River Brewing Co. 10,700 $ Wiljan Court, Northeast Imported Parts & Access 10,200 $ Corporate Center Parkway, Suite , Amy's Kitchen 59,010 $1.05 OF, $0.67 Whse NNN Sutton Place, Dal-Tile SSC West, Inc. 20,750 $0.85 NNN Martin Avenue,Suite , Rohnert Park Corporate Center Parkway, Suite A, B & D, Arcturus UAV 15,333 $0.79 Meeker Vineyard 13,081 $ Todd Road, Emser Tile LLC 8,920 $0.85 NNN The above information, while not guaranteed, has been secured from sources we believe to be reliable. This is not an offer to sell or lease and is subject to change or withdrawal. An interested party should verify the status of the property and the information herein