RETAIL FOR SALE FULLY LEASED INVESTMENT: 8,208 SF RETAIL + WAREHOUSE BUILDINGS E Houston Ave, Visalia, CA PROPERTY FEATURES

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1 SALE PRICE: $450,000 CAP RATE: 8.62% NOI: $38,794 LOT SIZE: 0.5 Acres BUILDING SIZE: 8,208 SF ZONING: CSO MARKET: East Visalia Market SUB MARKET: North Ben Maddox Way PROPERTY FEATURES Investment Opportunity: Leased Retail & Warehouse Income Spread Over 7 Long-Term Tenants ±8,208 Total on ±0.50 Acres Zoned CSO Cash Cow Producing $51,600/Year Clean Units - Well Maintained Buildings Long Term Tenants w/ Great Upside Potential Easy Access from Surrounding Major Corridors Functional Spaces Which Tenants Have Improved Requires Little Management Easy Access to Highway 198 On/Off Ramps Excellent Existing Signage CROSS STREETS: Houston & Ben Maddox

2 PROPERTY OVERVIEW Leased Freestanding buildings totaling ±8,208 SF of retail in the front and commercial service in the rear. Cash Cow offering stabilized current rents with long term tenants. 8.62% existing rate of return after actual expenses with upside in increasing rents throughout the term and leasing existing vacancy (see income/expense breakdown). Property to be delivered free and clear; new owner can take advantage today's low rates to leverage capital (30% down results in a 12.37% cash-on-cash). 4,752 SF ground floor, 1,536 upstairs, SF; SF. Great visibility, convenient parking & easy access to Highway 198 on/off ramps. Many front parking spaces available and excellent existing signage. LOCATION OVERVIEW Property is located in East Visalia a few blocks off of HWY 198. Property is north of Houston, east of Burke Street, south of Sweet Avenue, and west of North Ben Maddox Way.

3 TENANT NAME UNIT NUMBER UNIT SIZE (SF) LEASE START LEASE END ANNUAL RENT % OF GLA CA Communications ,376 2/1/2013 3/1/2018 $15, NorthEast Pawn ,376 11/1/2014 3/1/2018 $16, Everett Dorado 1214-A 528 3/1/2008 3/1/2018 $3, Silver Auto Glass Mobile 1214-B 528 4/1/2012 3/1/2018 $3, Ray Longoria 1214-C /1/014 3/1/2018 $3, Larry Snay 1214-D /1/2008 3/1/2018 $2, Upstairs -- Available ,536 $7, TOTALS/AVERAGES 8,208 $51,600

4 INCOME SUMMARY PER SF #1210: CA Communications $15,600 $1.90 #1212: NorthEast Pawn $16,200 $1.97 #1214-A: Everett Dorado $3,000 $0.37 #1214-B: Silver Auto Glass Mobile $3,600 $0.44 #1214-C: Ray Longoria $3,000 $0.37 #1214-D: Larry Snay $2,400 $0.29 #1216: Upstairs Available $7,800 $0.95 GROSS INCOME $51,600 $6.29 EXPENSE SUMMARY PER SF Property Taxes $5,400 $0.66 Property Insurance $2,369 $0.29 Utilties $5,037 $0.61 GROSS EXPENSES $12,806 $1.56 NET OPERATING INCOME $38,794 $4.73

5 INVESTMENT OVERVIEW Price $450,000 Price per SF $54.82 CAP Rate 8.6% Proposed Loan Cash-on-Cash Return (yr 1) % Proposed Loan Total Return (yr 1) $23,191 Proposed Debt Coverage Ratio 1.76 OPERATING DATA Total Scheduled Income $51,600 Operating Expenses $12,806 Net Operating Income $38,794 Proposed Loan Pre-Tax Cash Flow $16,696 PROPOSED LOAN FINANCING DATA Proposed Down Payment $135,000 Proposed Loan Amount $315,000 Proposed Debt Service $22,098 Proposed Debt Service Monthly $1,841 Proposed Principal Reduction (yr 1) $6,495

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8 POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 6, , ,276 MEDIAN AGE MEDIAN AGE (MALE) MEDIAN AGE (FEMALE) HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 1,893 40,517 69,005 # OF PERSONS PER HH AVERAGE HH INCOME $55,617 $66,477 $67,491 AVERAGE HOUSE VALUE $178,337 $278,697 $280,021 RACE 1 MILE 5 MILES 10 MILES % WHITE 78.1% 80.9% 81.8% % BLACK 1.2% 1.8% 1.7% % ASIAN 6.6% 4.9% 4.3% % HAWAIIAN 0.0% 0.1% 0.1% % INDIAN 1.1% 1.0% 1.0% % OTHER 10.2% 8.2% 8.2% ETHNICITY 1 MILE 5 MILES 10 MILES % HISPANIC 62.4% 45.7% 46.2% * Demographic data derived from 2010 US Census