FOR SALE HILLSBORO WEST PLAZA SW Baseline Street, Hillsboro, OR PROPERTY HIGHLIGHTS

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1 FOR SALE HILLSBORO WEST PLAZA 1050 SW Baseline Street, Hillsboro, OR PROPERTY HIGHLIGHTS Desirable mix of National & Local Tenants Great Visibility along Tualatin Valley Highway Average Rents of $17.50/SF 93% Occupancy RYAN IMBRIE MANAGING DIRECTOR O: M: Lincoln Tower SW Greenburg Road, Suite 530 Portland, Oregon 97223

2 PROPERTY INFORMATION HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON SVN Imbrie is proud to present Hillsboro West Plaza. Hillsboro West plaza provides excellent visibility along two major arterials running through the heart of downtown Hillsboro and is conveniently located along Tri-Met bus stops and within 6 blocks from the nearest MAX train station. The subject property consists of 3 stand alone buildings and is currently 93% occupied. The property features a mix of local and nationally recognized tenants. Sale Price $7,340,000 Price per SF $ Year Built 1987 Building Size Lot Size 34,014 SF 2.71 AC Zoning C-1 Parcel Number Submarket R Sunset Corridor / Hillsboro Property Video URL:

3 ADDITIONAL PHOTOS HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON

4 PARCEL MAP HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON SUBJECT PROPERTY

5 AERIAL PHOTO HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON W Main St SE Washington St S 1st Ave Hillsboro West Bruce Chevrolet SW Oak St/ Tualatin Valley Highway SW Baseline St SW Adams Ave SW Walnut St SW Dennis Ave

6 FINANCIAL ANALYSIS HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON HILLSBORO WEST TENANTS APPROX. SQ. FT. ANNUAL INCOME Pro-Forma 5% Vacancy 1050 SW Baseline Street Hillsboro, OR Price: $7,340,000 Tenant Spaces: 12 CAP Rate: 7.00% Price/SF: $ Year Built: 1987 Acreage: 2.71 Occupied Space See rent roll for detail 31,681 93% $556,814 $598,808 Vacant See rent roll for detail 2,333 7% $41,994 INCOME Total Building SF 34,014 $598,808 $598,808 Current Scheduled Gross Annual Income $598,808 $598,808 Recapture / CAM $110,981 $110,981 Less: Economic Vacancy Actual -5.9% ($41,994) ($35,663) Other Income: $0 $0 Effective Annual Income $667,795 $674,300 EXPENSES Budget % Effective Annual Income $/SF/Year Taxes 2017/2018 Taxes 6.12% $1.20 $40,857 $40,857 Water/Sewer 2018 Estimate 2.17% $0.43 $14,500 $14,500 Janitorial 2018 Estimate 0.81% $0.16 $5,400 $5,400 Landscaping 2018 Estimate 1.50% $0.29 $10,000 $10,000 Parking Lot Maint Estimate 0.54% $0.11 $3,600 $3,600 Electricity 2018 Estimate 2.50% $0.49 $16,700 $16,700 Utilities - Full Serv Estimate 2.10% $0.41 $14,000 $14,000 Garbage 2018 Estimate 0.63% $0.12 $4,200 $4,200 HVAC Maint Estimate 1.27% $0.25 $8,500 $8,500 Maintenance 2018 Estimate 1.80% $0.35 $12,000 $12,000 Management 2018 Estimate 3.59% $0.70 $23,952 $23,952 Total Estimated Annual Expenses 23.02% $4.52 $153,710 $153,710 Total Estimated Net Operating Income $514,085 $520,590 NEW LOAN ASSUMPTIONS: TYPE: New Debt COMMENTS: % Down: Down Payment Loan Balance: Interest Rate: Amortization of Loan: Monthly Payment: Annual Debt Service: Debt Coverage Ratio (DCR) 35.00% $2,569,000 $4,771, % 25 ($28,590.11) ($343,081.30) 1.53 Net Operating Income: $514,085 Less: Loan Payment: ($343,081) Before Tax Cash Flow: $171,004 Cash-on-cash Return: 6.66%

7 RENT ROLL HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON Suite Tenant Area - SF Lease Dates Scheduled Minimum Rent Begin End Beginning Monthly PSF Annual PSF Options / Notes C 1&2 Community Action Organization 9,872 9/1/2018 8/31/2028 Current $13, $167,820 $17.00 Three - 10 yr options; Annual CPI increases: min 1.25%- max 2.0% Annual CPI 8/31/2019 Increase C 3 &4 IEH Auto Parts: DBA Auto Plus (same company as Pep Boys) Corporate 6,234 3/1/2017 1/31/2022 Current $6, $74, Three - 5 year options with 10% increases C 5 H&R Block 1,808 5/1/2014 4/30/2019 Current $3, $38, B 1 Tuality Medical Equipment & Supply 4,653 8/1/2016 7/31/2021 Current $7, $86, /1/2019 $7, $89, /1/2020 $7, $91, One - 5 year options with 3% annual increases One - 5 year option; Rent to be negotiated B 2 United States Department of Agriculture (USDA), Natural Resources Conservation Service (NRCS) /1/2002 6/30/2023 Current $9, $110, Full Service Lease; No further options A 1 Vacant 1,304 Vacant $1, $23, A 2 AIM Insurance Company 1,237 7/27/2004 1/31/2019 Current $1, $21, Two - 5 year options; Rent to be negotiated A 3 Vacant 1,029 Vacant $1, $18, A 4 A Wild Hair 634 6/1/1999 7/31/2020 Current $1, $13, No further 8/1/2019 $1, $13, options A 6 Hillsboro Dance Center 906 6/1/ /30/2019 Current $1, $13, One - 3 year option; Rent to be negotiated A 7 Lighthouse Book & Bible /1/2004 MTM Current $1, $20, MTM A 8 PT Physical Therapy /1/2005 MTM Current $ $10, MTM Occupied 31,681 $556,814 Vacant 2,333 $41,994 Total 34,014 $598,808 Gross Leases 4,024

8 Dance Center Available 1,029 SF SITE PLAN HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON SW Baseline Street USDA Tuality Equipment Store Community Action A Wild Hair AIM Insurance IEH Auto Parts PT Physical Thearpy Available 1,304 SF Lighthouse Books & Bible H&R Block SW Oak Street/SW Tualatin Valley Highway

9 TENANT INFORMATION HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON United States Department of Agriculture The United States Department of Agriculture (USDA), Natural Resources Conservation Service (NRCS) also known as the Agriculture Department, is the U.S. federal executive department responsible for developing and executing federal laws related to farming, forestry, and food. It aims to meet the needs of farmers and ranchers, promote agricultural trade and production, work to assure food safety, protect natural resources, foster rural communities and end hunger in the United States and internationally. Tuality Healthcare (Tuality Medical Supply) Tuality Healthcare is a leading healthcare provider in Washington County, serving a market area of 350,000 and growing. Tuality is a non-profit, community-based organization with hospitals in Hillsboro and Forest Grove, and numerous physician and outpatient clinics. It recently joined OHSU Partners, which is growing group of Oregon hospitals striving to build a statewide system of hospitals to deliver state of the art care. Tuality has a medical staff of 300 doctors and other healthcare professionals, and is one of the region s largest employers with a staff of over 1,200. Tuality also provides free and low-cost health classes and support groups for the community through the Tuality Health Education Center. Auto Plus - Parent Company: IEH Auto Parts (Icahn Automotive) www. As a leading automotive aftermarket company, Auto Plus is U.S.-based with over 3,500 Team Members in over 270 locations throughout the country. Icahn Automotive Group LLC the parent company was formed by its parent, Icahn Enterprises L.P. (NASDAQ: IEP), to invest in and operate businesses involved in aftermarket parts distribution and service. Our businesses have a singular focus: provide premium automotive parts and services at a great value. The businesses of Icahn Automotive Group today consist of Pep Boys, an automotive aftermarket retail and service chain, Auto Plus, an automotive aftermarket parts distributor, Just Brakes, an automotive service chain, and Precision Tune Auto Care, a network of owned and franchised automotive service centers.

10 TENANT INFORMATION HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON Community Action Community Action leads the way to eliminate conditions of poverty and create opportunities for people in Washington County. Community Action has a genuine concern and knowledge regarding the issues of poverty, is recognized, respected, and works collaboratively with funders and other service providers, is a community leader in the area of early childhood development and operates as a catalyst in community efforts to address issues of homelessness and affordable housing. Lighthouse Book & Bible Lighthouse Book & Bible is a locally owned business. The store open in 2004 in its Hillsboro, Oregon location. Lighthouse Book & Bible is owned and managed by Carl & Bernice Peterson. Carl has worked 22 years in Christian retail, and before that 7 years as a Youth Pastor. In addition to managing the store, Carl works as the music leader and associate pastor in a small local church. Hillsboro Dance Center Hillsboro Dance Center s goal is to teach students to dance while building confidence, focus, and self-esteem in a positive, fun, respectful environment where every dancer is valued and supported. AIM Insurance Company www. AIM INSURANCE is a full line independent agency, representing many quality insurance companies. The company has been serving Oregon and Washington since H&R Block NYSE: HRB H&R Block, is an American tax preparation company in North America, Australia, and India. The Kansas City-based company also offers payroll, and business consulting services. Founded in 1955 by brothers Henry W. Bloch and Richard Bloch, H&R Block currently operates approximately 12,000 retail tax offices worldwide. They offer consumer tax software, formerly called TaxCut, as well as online tax preparation and electronic filing from their website.

11 DEMOGRAPHICS HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON Demographics Data 1 mile 2 miles 3 miles Total Households 2,476 16,289 31,162 Total Population 7,689 51,267 96,041 Persons per Household Average Household Income $57,929 $63,614 $68,281 Average House Value $325,072 $326,098 $319,339 Average Age Average Age (Male) Average Age (Female)

12 ABOUT THE CITY OF PORTLAND HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON $406,200 Median Home Value 9.6% Population Increase ( ) 639, Population $68,676 Median Household Income Portland is Oregon s largest city, is near the confluence of the Willamette and Columbia Rivers. The Portland- Vancouver MSA consists of four counties: Multnomah, Washington, Clackamas, and Clark County, Washington On clear days, Mt. Hood towers over Portland, with its striking snow-capped peak. That breathtaking view is one aspect of what makes the area so unique. It s a stunning place that brings together the rugged natural beauty of the Cascades with metropolitan culture and class.

13 ABOUT HILLSBOR OREGON HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON Top Employers Intel Hillsboro School District Washington County Nike Wells Fargo Bank Tuality HealthCare Qorvo Hillsboro, Oregon is the 5th largest city in the State of Oregon and the county seat of Washington County. Lying in the Tualatin Valley on the west side of the Portland Metropolitan area, the city hosts many high-tech companies, such as Intel, Salesforce, Oracle, Epson, among others. The area along with the city of Beaverton comprise what has become known as the Silicon Forest. Hillsboro's primary commercial cores are concentrated along Tualatin Valley Highway and Cornell Road. Additionally, the Tanasbourne neighborhood is a regional shopping area on the eastern edge of the city. The neighborhood is home to the lifestyle shopping center The Streets of Tanasbourne. The $55 million outdoor complex with 368,000 square feet of retail space opened in 2004 with Meier & Frank (later Macy's) as the anchor tenant. The other large shopping center in the city is The Sunset Esplanade, located along Tualatin Valley Highway. In November 2005, the world's largest Costco, a warehouse club store, opened in Hillsboro. The store, with 205,000 square feet of floor space, is about 60,000 square feet bigger than the average Costco. $66,668 $349, ,164 Median Household Income Median Home Value 2016 Population

14 DISCLAIMER HILLSBORO WEST PLAZA RETAIL HILLSBORO, OREGON The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.

15 RYAN IMBRIE MANAGING DIRECTOR O: M: Lincoln Tower SW Greenburg Road, Suite 530 Portland, OR ph: