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2 LOCATION BUILDING SIZE PRICE YEAR BUILT PHOTO TOUR COMMENTS th Ave, San Diego, CA ,479 (doesn t include patio) $950, Subject property is a 1,479 SF restaurant in one of the busiest, hard corners in all of East Village. This gorgeous property was designed by award winning Jonathan Segal. The property was previously occupied by Café Chloe for the past 14+ years. This property comes with one assigned parking space and is surrounded by street parking in every direction. This is a one-of-a-kind opportunity to own an iconic restaurant location in one of San Diego s top real estate markets. One of the few opportunities in all of downtown for a boutique restaurant with a full kitchen. Great owner-user opportunity or investor looking for stable investment with massive upside for cash flow and/or appreciation. *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

3 *Picture from prior operator

4 *Picture from prior operator

5 OWNER-USER OVERVIEW Est. Loan Breakdown Price: $ 950, Down Payment $ 190, % Loan Amount $ 760, % Interest Rate: 5.25% Amortization 25 Debt Service: $ 54, Principle Reduction ($ 15,111.53) Depreciation ($ 15,833.33) Gross Effective "Rent" $ 23, Gross Effective "Rent" / Sq. Ft. $ 1.34 Est. Operating Expenses HOA $ 4, Insurance $ 1, Property Taxes $ 11, Total Operating Expenses: $ 17, Expenses per Square Foot: $ 0.98 NOTES Property taxes based on Sale Price Net Effective "Rent" $ 41, Net Effective "Rent" per sq. ft $ 2.32 *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

6 INVESTMENT OVERVIEW PRICE & TERMS Price: $950,000 Down Payment $475,000 50% Loan Amount $475,000 50% Interest Rate: 4.50% Amortization 25 Net Operating Income: $62,118 Debt Service: ($31,682) Pre Tax Cash Flow: $30,436 Principal Reduction $11,512 Total Return $41, % PRO FORMA CASH FLOW Leased Income: $ 62, Expense Reimbursement $ 17, Gross Income $ 79, TOTAL EXPENSES: $ 17, NET OPERATING INCOME: $ 62, NOTES: Income estimated at $3.75/SF NNN Estimated expenses: HOA $ 4, Insurance $ 1, Property Taxes (based on sale price) $ 11, CAP Rate (PROFORMA): 6.54% Price per Square Foot: $ *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

7 MAP th Ave *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

8 *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. HOTEL MAP

9 TCR RICHMAN GREYSTAR DEVELOPEMENT MAP PINNACLE CISTERRA OLIVER MCMILLAN HOLLAND & PARTNERS BOSA SAMPLE RENDERING HOLLAND & PARTNERS HANOVER *This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage and or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies.

10 Casey Young- BRE Lic # Vice President T: E: Trevor Hutchinson BRE Lic # Associate T: E: Blake Rodgers BRE Lic # Associate T: E: