1500 INDUSTRIAL WAY, REDWOOD CITY

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1 1500 INDUSTRIAL WAY, Dennis G Sanchez CalBRE# dennis@berrirealestate.com Gogo Wu CalBRE# gogowusf@gmail.com

2 TABLE OF CONTENTS 01 Investment Overview 02 Property Summary 03 Floor Plan 04 Location Map 05 Nearby Developments 1500 INDUSTRIAL WAY A N N U A L R E P O R T Disclaimer: No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and the same is submitted subject to errors, omissions, changes of price, rental or other conditions, withdrawal without notice. Buyer to do all its own due diligence.

3 1500 INDUSTRIAL WAY Rare Purchase Opportunity Superior Access to freeways Flexible Creative Office / Warehouse Design

4 INVESTMENT OVERVIEW Expenses (Annually) Landscaping: $1800 (Tenant's Expense; Copy Copies Currently Pays Full) Maintenance: N/A Management: N/A Trash: $1582 (Tenant's Expense; Copy Copies Currently Pays Full) Water, Electricity, Gas: $27,356 (All Tenants Share One Meter) Property Tax: $16, ( ) Insurance: $3,613 Rental License Fee: $280 Rental Income (Monthly) PERU Produce: $3,340 (will be increased to $3,396 in 08/2018) Copy Copies: $4, Investment Overview 1500 INDUSTRIAL WAY

5 02 Property Summary PROPERTY SUMMARY Property Address 1500 Industrial Way, Redwood City, CA Site Summary Price: $3,380,000 Property Type: Industrial Property Sub-type: Manufacturing Sale Type: Investment or Owner User Lot Size: 9,801 SQFT (per tax record) Rentable Building Area: 11,385 SQFT No. Stories: 1 Year Built: 1958 Tenancy: Single Clear Ceiling Height: 13 FT FT No. Drive In / Grade-Level Doors: 2 Zoning Description: IR, Redwood City 1500 INDUSTRIAL WAY

6 03 Floor Plan 1500 INDUSTRIAL WAY

7 04 Location Map 1500 INDUSTRIAL WAY

8 1500 INDUSTRIAL WAY 05 Nearby Developments

9 1401 BROADWAY 05 Nearby Developments Replacement of an existing retail strip mall located at 1401 Broadway and office building located at 1055 Broadway with a mixed-use project consisting of appx. 400 market-rate residential units, 120 affordable residential units, 420,000 s.f. of office space, 26,000 s.f. of retail space including a stand-alone CVS pharmacy, 10,000 s.f. child care center, public and private open space, and shared underground parking. Replacement of an existing surface parking lot with a new six-story, 69,478 s.f. office building with 150 on-site parking spaces. The parking will be accommodated within two levels of parking, and will be fully valeted. 550 ALLERTON ST Demolition of an existing surface parking lot at 815 Hamilton St, +/-650 SF of the rear of the Fox Theatre at 2215 Broadway, and an existing 1-story building at 840 Middlefield Rd. Construction of a 5-story, 95-foot tall mixed-use office and retail building totaling 68,614 SF and a 2-level, 88-stall underground parking garage that would connect to the City-owned Jefferson Garage.

10 849 VETERANS BLVD 05 Nearby Developments Sares Regis submitted an application for an Architectural Permit requesting to construct a new six-story, residential project with an average height of 68 feet located at 849 Veterans Boulevard. The proposed project includes 83 market rate for-rent units and 7 affordable units at the very-low income level on 4 floors and 2 floors of parking. The parking garage contains 142 parking stalls and bicycle storage for 30 bikes. Proposed construction of an 8-level, 137-unit multi-family residential development entailing one level of underground parking, 1 level of above ground parking, and 6 levels of for-rent apartments, located within the Downtown Precise Plan Area. GRAYSTAR III BROADWAY STATION RWC Lane Partners, LLC proposes to demolish an existing 25,560 square-foot commercial building and construct a new neoclassical 70-foot tall, 4-story, 93,515 square-foot mixed-use building.

11 KAISER MEDICAL OFFICE BUILDING 2 05 Nearby Developments Application for a Planned Community Permit and Planned Development Permit to construct a new four-story medical office building with three levels of underground parking. The site is located on on the corner of Marshall and Maple within the Downtown Medical Campus Precise Plan area. The project also includes demolition of the old hospital building and the Oak building with associated on-site and off-site improvements. Demolition of an existing two-story hotel, and construction of a new four-story hotel (Holiday Inn Express & Suites), on the corner of Broadway and Beech Street. The hotel as proposed will total 80,441 square feet with 91 full service guest rooms. HOLIDAY INN EXPRESS & SUITES HARBOR VIEW The proposed Project is a high tech office campus with four 7-story office buildings, one 4-story and one 6-story parking structure, and a one-story employee amenities building. The overall Project concept is an office campus centered with an approximately four-acre green space with a series of landscaped spaces that comprise approximately 38 percent of the Project site.

12 BLUE HARBOR / PETE'S HARBOR 05 Nearby Developments RWC Harbor Communities, LLC received approval to develop a 402 unit multifamily residential project, including a slip commercial marina, and associated parking and amenities at 1 Uccelli Boulevard. Strada Investment Group is proposing 131 three-story for-sale townhome residential units with associated parking and amenities. The project site is located along the City's waterfront, within the previously-proposed Inner Harbor Specific Plan (IHSP) area. STRADA SYUFY SITE SyRes Properties LLC proposes to redevelop the former movie theater site with a 336 unit multi-family development and 100,000 square foot sport club "Villa Sport". The project requires a Zoning Map Amendment for the high density residential development.

13 Dennis G Sanchez CalBRE# dennis@berrirealestate.com Gogo Wu CalBRE# gogowusf@gmail.com