1130 E. Shaw Avenue FOR SALE > OFFICE BUILDING FRESNO, CALIFORNIA 93710

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1 1130 E. Shaw Avenue FRESNO, CALIFORNIA > 96% Leased Office Complex > 74% of Complex leased to the State of California > Prominent Shaw Avenue Financial District location > Quick Access to Freeways 41 and 168 > Many Nearby Retail Amenities AGENT: BOBBY FENA, SIOR FRESNO, CA BRE # / AGENT: BEAU PLUMLEE FRESNO, CA BRE #

2 Investment Overview & Highlights > Location: This property is ideally situated in the heart of the East Shaw Avenue Financial District, one of Fresno s largest office and retail/commercial submarkets. The building is centrally located in between two freeway interchanges. (Highway 41 & Shaw Ave. and Highway 168 & Shaw Ave.) > Amenities: Fresno s largest enclosed shopping mall - Fashion Fair Mall sits 200 yards west of the subject property. There are over 200 restaurants, several gas/car wash/mini marts, abundant retail services stores and grocery & drug stores within a 5 minute drive from the subject property. The property is bordered by City of Fresno water ponding basins, which are kept full year round, are meticously landscaped and provide a nice, soothing lake-like feature that the building tenants enjoy. > Subject Property: The property includes 2 two (2)-story buildings (one with covered, fenced and secured parking) and a separate nearby fenced and secured parking area. > Occupancy: Four out of the six existing tenants are California State agencies who account for 74% of the buildings occupancy. There is one small vacancy of 1,318 rentable square feet and the complex is presently 96% occupied.

3 Financial Overview > Sale Price: $4,880,000 $3,750,000 $3,750,000 > Rentable Square Feet: 33,423 > Price Per RSF: $146.00/rsf $112.20/rsf $112.20/rsf > Net Operating Income: $425,240 $419,663 > CAP Rate: 8.5% 11.1% 11.2% > Year Built: 1979 > Parcel Size: APN (.82 acres) APN (1.01 acres) > Ownership Type: Fee Simple > Zoning: CP-BA (Commercial Professional Office - Boulevard area) Financing: > 1st Trust Deed: Rabobank > Original Amount: $3,200,000 > Interest Rate: Negotiable with Rabobank. > Maturity Date: October 5, 2018 > Assumability: Yes, it is assumable, however not under the current loan terms and conditions. Rabobank is willing to negotiate a new loan deal with a new buyer.

4 Annualized Operating Information Income: Rent Income $ 592,026 Other Income - Utility Expense Pass Thru $ 14,473 Other Income - Escalation Income $ 3,626 Other Income - Year End Escalation Reconciliation $ 1,531 Total Income: $611,656 $611,656 Less Building Operating Expenses: CAM Expenses Elevator Maintenance $ 3,700 Electricity and Gas $ 65,283 Landscape Maintenance $ 6,700 Property Management Fee $ 12,941 Parking Lot Repair & Maintenance $ 1,104 Trash Removal $ 2,066 Water and Sewer $ 3,595 Total CAM Expenses: $ 95,389 Direct Expenses Property and Liability Insurance $ 7,599 HVAC - Mechancial Repairs $ 15,000 General Maintenance Repairs $ 8,854 Janitorial Service $ 26,114 Licenses and Taxes $ 678 Pest Control Service $ 960 Plumbing Repairs $ 270 Roof Repairs $ 1,200 Real Estate Taxes $ 27,985 Security Service $ 5,604 Window Cleaning $ 2,340 Total Direct Expenses: $96,604 Total Building Operating Expenses: $191,993 <$191,993> Net Operating Income: $419,663

5 Rent Roll Suite Tenant SF Monthly (PSF) Dept. of Pesticide Regulations 4,741 $7, ($1.49) From - To to Term in Months Security Deposit 168 $ Rent Increases Date Amount $7, $7, $7, Drs Schuyler, King, Munsell & Brar 3,016 $3,921 ($1.30) to $4, VACANT 1,318 $0.00 $ Dept. of Consumer Affairs 2,667 rsf (2,510 usf) $4, ($1.70) to $ $4, $4, $4, $4, $4, $4, $5, Wilshire Health & Community Services 4,417 $4, ($1.13) to $3, Dept. of Fish & Game 10,130 $18,749 ($1.85) 208 Dept. of Fish & Game 7,134 $10,187 ($1.43) as of 10/1/ to (Has occupied since Oct. 2003) to $ $19, $ $10,253 $10,584 $10,902 $11,229 $11,565 $11,912 Parking Area Positive Attitude Outlook, Inc 0 $ MTM $0.00 TOTALS: 33,423 $49, $7,453

6 1130 E. Shaw Avenue FRESNO, CALIFORNIA Contact Us FIRST ST AGENT: BOBBY FENA, SIOR BRE # Fashion Fair Mall SHAW AVE AGENT: BEAU PLUMLEE BRE # Please contact us to see this property