Leased Investment / Owner User 2 Ranch Drive Novato, California

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1 ±3,500 SF, Free Standing Office Building Asking Sale Price: $1,495,000 Property Highlights Freestanding office building for sale in Novato Fully restored to a modern two story Victorian Located on the corner of Ranch Drive and Redwood Blvd. 3,500 rentable square feet on two floors Finished storage basement of approximately 2,000 square feet not part of rentable sq. ft. 11 private offices with high end finishes 10 on-site parking spaces 90% Financing Available

2 Property Highlights Property: Building Size: Novato, CA ±3,500 Sq. Ft. ±2,000 Sq. Ft. Basement Price: $1,495,000 Zoning: PD APN: Lot Size: 0.29 Acres Year Renovated: 2006 Income: $7,605 Per Month Gross Description A victorian home, the original Pinheiro Family Ranch home structure that has been converted and rebuilt into a two (2) story modern office building with superior finishes and connectivity. The property is located in Novato at the corner of Ranch Drive and Redwood Boulevard. See attached parcel map and description. Building 3,500 rentable square feet on two floors not including a finished storage basement of approximately 2,000 square feet. The property is currently 100% leased to two tenants. One tenant pays $4,900 per month with a month to month lease. The 2nd tenant pay $2,705 with a lease expiration of 12/31/2020 The building lends itself well to an owner/user due to the high quality of improvements and the common kitchen and conference room(s). There are 10 to 11 individual offices, plus the common area and storage located in the basement. Both tenants are long term occupants with one tenant on a month to month lease.

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5 SBA 504 Loan Scenario Free Standing Office Building for Sale Scenario as of: 11/15/2017 Own the Business? Own the Building. Building Purchase Price $1,495,000, Novato, CA Improvements $0 Building Size 3,500 sf Other $0 Total Project Costs $1,495,000 Price Per Sq. Ft. $427 psf For Property Information Contact: / Cushman & Wakefield Commercial Real Estate Brokerage (415) / (415) % SBA 504 Financing Example Financing Package Amount Rate Term Amort Monthly Pymt Bank 1st Mortgage 50% $ 747, % 10 Yrs 25 Yrs $ 4,262 SBA 504 2nd Mortgage* 40% $ 614, % 20 Yrs 20 Yrs $ 3,884 Down Payment 10% $ 149,500 *Includes financed SBA fee of $16, % $2.33 PSF $ 8,146 Monthly Costs Adjusted Monthly Costs PSF Monthly PSF Monthly Mortgage Payments $2.33 $8,146 Total Monthly Cost $2.71 $9,492 Property Taxes & Insurance $0.38 $1,346 Less Depreciation ($0.73) -$2,556 Total Monthly Cost $2.71 PSF $9,492 Total Adjusted Monthly Payment $1.98 PSF $6,936 Out of Pocket Expenses Invest in Your Future: Equity Over First 10 Years Cash Down Payment 10.0% $149,500 Estimated Bank Fees 1.0% $7,475 Total Cash Required $156,975 $1,000,000 $500,000 $0 EQUITY Assumptions: The following assumptions were made in the preparation of this sample. Please let us know if there are specific values you'd like to see. Bank rate, terms and fees are estimated and vary depending on lender. Operating costs, title and insurance are estimates. SBA Interest Rate is the Nov '17 rate. Actual rate will be set at loan fund Depreciation is estimated at an 80% bracket over 39 years. SBA Fee is estimated at 2.15% plus legal fees. Fees are financed. Equity is based on a 2.0% annual appreciation rate. 90% LTV financing generally does not require additional collateral.

6 SBA 504 Loan Sample Structure Prepared for: Cushman & Wakefield Property Address:, Novato Project Details Purchase Price $1,495,000 Property Address, Novato Improvements Building Size (s.f.) 3,500 Other Price Per Sq. Ft. $ Total Project Cost $1,495,000 SBA 504 Financing Structure Source of Funds % of Total Project Amount Rate Amortization Maturity Monthly Payment Bank (1st) 50% $747, % $4,370 SBA (2nd)* 10% $155, % $985 Down Payment 10% $149,500 * Includes financed SBA fee of $6,000 Total Monthly Payment $5,354 Total Payment PSF $1.53 Monthly Ownership Costs Out of Pocket Costs Mortgage Payments $5,354 Down Payment $149,500 Insurance & Property Tax $1,620 Estimated Bank Fees $5,606 Depreciation Write-Off ($2,236) Appraisal & Environmental Reports $5,100 Total Monthly Ownership Costs $4,738 Total Out of Pocket Costs $160,206 Assumptions The following assumptions were used for this scenario, and can be modified if there are any specific values you would like to use. Bank rate, terms, and fees are estimates and vary depending on lender. SBA fee is 2.15% of the SBA loan amount plus a $2,000 attorney flat fee. These fees are financed. The current SBA rate is used here. Actual rate is set at debenture sale at time of funding. All costs and expenses are estimates. Bank Fees are estimated at.75% of bank loan amount. Insurance & Property Tax estimated at 1.3% of purchase price. Depreciation is estimated at a 70% basis over 39 years. 90% Financing For more information contact: Claudia Cohen Capital Access Group SVP / Director of Marketing ccohen@capitalaccess.com SBA (2nd)* 10% Down Payment 10% Bank (1st) 50%