38 Admiral Callaghan Lane

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1 38 Admiral Callaghan Lane Vallejo, California ENTREPRENEURIAl LOCAl INDEPENDENT 44 MONTGOMERY, SUITE 1650 SF, CA P F STARBOARDNET.COM

2 Disclaimer This Offering Memorandum has been prepared to provide summary, unverified information to prospective buyers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Starboard has not made any investigation, and makes no warranty or representation, with respect to income or expenses for the subject property, future projected financial performance of property, size and square footage of property and improvements, presence or absence of contaminating substances, PCB's or asbestos, compliance with State and Federal regulations, condition of improvements thereon, or financial condition or business prospects of any tenant, or any tenant s plans or intentions to continue its occupancy of subject property. The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable; however, Starboard TCN Worldwide has not verified, and will not verify, any of the information contained herein, nor has Starboard TCN Worldwide conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. All potential buyers must take appropriate measures to verify all of the information set forth herein. Glen Cove Marina

3 Offering Summary Starboard TCN Worldwide as exclusive agents is please to offer for sale Howard Johnson Inn & Suites, built in 1969 is a hotel full of character and history. There are 78 rooms housed in 2 buildings, 2 meeting/banquet halls, a pool with a Gazebo and ample parking for RV's and buses on beautifully landscaped grounds, full of trees, flowers and rose bushes. In 2004, Howard Johnson Inn & Suites underwent a major renovation preserving much of the original architecture in order to keep the beauty and integrity of this landmark intact. Yet another major renovation transformed the main front building's 20 rooms into King Suites in In addition, there is a totally remodeled and redesigned onsite restaurant, which can be leased for additional income or new owner may operate as a part of hospitality business. Gross revenue has been rising steadily after branding w/ Howard Johnson just over three years ago. Howard Johnson Inn & Suites is centrally located, right off of Interstate 80 and Highway 37, providing their guests easy access to the Bay Area's popular attractions such as Six Flag's Discovery Kingdom, Infineon Raceway, Mare Island, Napa Valley Wine Country and the Bay Area's pride, San Francisco, within 45 minutes' drive.

4 Investment Highlights Vallejo is a waterfront port city in Solano County, California, located in the North Bay region of the San Francisco Bay Area. It is the tenth most populous city in the San Francisco Bay Area, and the largest in Solano County. The population was 115,942 at the 2010 census, seven years ago, it has consequently grown. Vallejo is home to the Six Flags Discovery Kingdom theme park, Mare Island Naval Shipyard, and the regional office for Region 5 of the United States Forest Service. The colleges and universities in Vallejo are California Maritime Academy, the Vallejo Center campus of Solano Community College, and Touro University California. The Ferry service runs from a terminal on Mare Island Strait to San Francisco, through the BayLink division of SolTrans.

5 Property Overview 38 Admiral Callaghan Ln, Vallejo, CA Building Size: 29,979 Sqft. Lot Size: 76,230 Sqft. APN / Parcel ID: No. Rooms: 78 Acreage: 1.75 Zoning: Linear Commercial Sale Price: Inquire with Broker Highlights: Vacant well maintained clean restaurant available for lease or owner operator Hotel Business Center Easy Access to / from Interstate 80 Less than 45 Minutes Drive from San Francisco Near Napa/Sonoma Wine Country & Six Flag Discovery Kingdom Many local Vallejo Family Venues to advertise with

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9 San Francisco Mill Valley Larkspur San Rafael Berkeley Richmond Novato Petaluma Pinole Hercules Rodeo Ferry Route S. Vallejo W. Vallejo N. Vallejo E. Vallejo Napa Valley

10 Glen Cove Marina Mare Island Vallejo Yacht Harbor Vallejo Municipal Marina 38AdmiralLn. Lake Shabot