Office/Flex Building Investment Professional Center Drive Rohnert Park CA

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1 Fully Leased % CAP Kevin Doran, Partner 1355 N Dutton Ave., Santa Rosa, CA (707) Fax: (707) Lic #: KDoran@KeeganCoppin.com

2 EXECUTIVE SUMMARY Keegan & Coppin is pleased to present the opportunity to acquire a premiere industrial/office/flex project in Rohnert Park, Sonoma County. This 38,540± gross square foot multi-tenant industrial/office/flex investment opportunity is strategically located in the Central Rohnert Park corridor. The property is leased to multiple professional businesses. This property currently has thirteen (13) units totaling 38,540± rentable square feet. The building is comprised of office/warehouse space with suites ranging in sizes from 2,000± rsf - 7,000± rsf. The ceilings are 24 feet clear height, which allows total flexibility for tenants.the building was built in 1986 and is professionally maintained and in excellent condition. This 2.97± acre (129,373± sf) lot is zoned Industrial/Office overlay. Overall the building, parking lot and landscaping is very well kept and professionally managed.

3 KEY FACTS Location: Building Square Feet: Site Size: Current Occupancy: Lease Expiration: Rohnert Park, CA - Sonoma County 38,540± sf - Single-Story Bldg. 1.5± Acres 100% (Multi-Tenant - Thirteen units ranging from 2,000-6,500± sf) Various Asking Price: $5,395,000 Price per Sq. Ft.: $140 Cap Rate: 5.75% Zoning: Fountain: Exterior Walls: Roofing: Fire/Life/Safety Specs: Telephone/ISP Service HVAC System: I-L/O - Industrial/Office Overlay Concrete Concrete Year of Construction: 1986 Mineral Cap Sheet Fire Sprinklers with Monitoring System Sonic, AT&T Parcel Map: Units - Dual Packed HVAC Mounted on Roof Vicinity Map

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5 PROPERTY INFORMATION ANNUAL OPERATING DATA Proforma Type Office/Industrial Flex Scheduled Gross Income $525,499 Number of Units Total Square Footage 12 38, Plus Reimbursements Less Vacancy & Credit Allowance Price $5,395,600 Annual Adjusted Income $518,180 Price/psf $140 - Less Expenses $180, Professional Center Drive, Rohnert Park, CA Location Annual NOI $337, Site 2.97 Acres - Less Annual Debt Service $269,914 Zoning IL (Light Industrial) Annual Cash Flow $67,380 Description Premiere office flex project in Rohnert Park, Sonoma County. Strategically located in the central Rohnert CAP Cash on Park corridor, Consists of office/warehouse space with Rate 6.25% Cash % 5.00% suites ranging in sizes from rsf. Overall the building, Parking lot, and landscaping is very well kept and professionally managed. LOAN ASSUMPTIONS ANNUAL EXPENSES Down Payment $1,348,900 Real Estate Taxes $67,445 Water/Sewer $11,396 Loan Amount $4,046,700 PG&E $25,256 Building Expenses $76,789 Interest Rate 4.50% Amortization (Yrs) 25 $8,446 $15,765 Annual Debt Service $269,914 Total Expenses $180,886

6 RENT ROLL BLDG TENANT AREA SF RENT PSF MONTHLY RENT TYPE OF LEASE 150 Allstate Insurance 1,500 $1.59 $2,385 Full Service 150 Pathways Charter School RENT INCREASES LEASE TERM EXTENSION OPTIONS UTILITIES PAID BY LANDLORD CPI, 3% cap 2 years 6 mos (1) 5 year Water/Garbage, PG&E UTILITIES PAID BY TENANT None 8,509 $1.08 $9,214 Gross 3% 4 yrs 10 mos (1) 5 year Water /Garbage PG&E, CAM for water & garbage 150 Sonoma State 3,003 $1.30 $3,903 Full Service Flat 2 years 6 mos (1) 3 year Water/Garbage, PG&E 150 Wholesale Florist 6,500 $1.07 $6,930 Gross 3% 5 years (1) 5 year Water/Garbage PG&E, CAM for water & garbage 150 Northern Drywall Corp. 170 Infusource Pharmacy 170 Intelligent Copier Solutions 2,448 $1.14 $2,800 Gross $3,000 start July yrs 10 mos (1) 3 year Water/Garbage PG&E $3,200 start July ,255 $1.42 $6,042 Gross 3% 4 yrs 8 mos N/A Water/Garbage PG&E 3,400 $0.82 $2,800 Gross $3,000 start Nov 2018 $3,200 start Nov 2019 None 3 years N/A Water/Garbage PG&E 170 Family Nuts 3,000 $0.77 $2,310 Gross $2,550 start Jan yrs 6 mos (1) 5 year Water/Garbage PG&E $2,700 start Jan $2,900 start Jan Ortega Construction 3,480 $0.86 $3,000 Gross TBD Mo - Mo N/A Water/Garbage PG&E 170 KOR Commercial 1,235 $1.21 $1,500 Gross TBD Rent Guarantee 170 Tony Young Sheet Metal Rent Guarantee (for 6 mos after COE) Water/Garbage PG&E 1,170 $1.37 $1,600 Gross 3% Mo. To Mo. N/A Water/Garbage PG&E 38,500 $42,484

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8 150 FLOOR PLAN Unit A1 2,488± sf Northern Drywall Corp. Unit A4 3,003± sf Sonoma State Unit A2 1,500± sf Allstate Insurance Unit A5 8,509± sf Charter School Unit A3 6,500± sf Wholesale Florist Keegan & Coppin Company, Inc

9 170 FLOOR PLAN A1 A1 A5 A6 A2 A4 A3 Unit A1 1,170± sf Tony Young Sheet Metal Unit A4 4,255± sf Infusource Unit A2 3,400± sf Intelligent Copier Solutions Unit A5 3,000± sf Family Nuts Unit A3 1,235± sf KOR Commercial Unit A6 3,480± sf Ortega Construction

10 1. 2 Separate APNs will be completed 2. There is a reciprocal parking agreement Lot Line Adjustment Map

11 Front of Building - Facing South Front of Building - Facing North Incubator Unit Back of Building - Facing South Back of Building - Facing North End-Cap Office Unit

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14 LOCATION 150 Professional Center Drive is located in Rohnert Park, California, one of the largest economic hubs of Sonoma County, California. This strategic location, just off the intersection of Rohnert Park Expressway and Highway 101, is approximately 1 hour north of the Golden Gate Bridge and offers convenient access to San Francisco, the East Bay, and other points within the Bay Area. The City of Rohnert Park is located in the Santa Rosa valley roughly 50 miles north of San Francisco along Highway 101 in the southern part of Sonoma County. ROHNERT PARK With the anticipated commuter rail that will have stops in Rohnert Park, coupled with efforts to develop a central district that includes the vacated State Farm complex, the incentives for businesses moving into the area are becoming increasingly desirable. The opening of Graton Casino in Rohnert Park has brought great new excitement to the area. Graton Resort & Casino has a commanding presence amongst rolling hills of Northern California s wine country. Owned and operated by the Federated Indians of Graton Rancheria, Graton Resort & Casino is the complete entertainment experience, featuring table games, the latest slot machines, upscale and casual dining, plus entertainment options for visitors and locals alike. The subject property is located 1.7 miles from Graton Resort & Casino that recently opened its doors on November 5, The $800 million 340,000-square foot casino is the most expensive private development project in Sonoma County history and is one of the largest casinos in the state of California. Sonoma State University (SSU) is located east of the subject property with direct access from Rohnert Park Expressway. The university is comprised of six schools and offers degrees in 46 majors and 47 minors at the bachelor s level and 15 at the master s level. Sonoma State is a mid-size campus with 9,120 students and located on 269± acres. With 34% of the student body living on campus, SSU is one of the most residential campuses within the California State University system. The site boasts strong demographics with over 59,125 residents within a three-mile radius with an average household income of $71,355. The population has increased by 1.66% since 2000 and is estimated to increase by 3.65% over the next five years. With the array of options and positive outlook for the future, Rohnert Park is an excellent location to consider. SONOMA COUNTY Sonoma County is the premier location for R&D, professional services and entrepreneurial businesses. Today, the County is a magnet for all local industries, including government, winemaking, healthcare, engineering, biotechnology, financial services, education, tourism, state, county and local government offices. With easily accessible, high-quality office buildings at attractive rental rates, Rohnert Park is positioned to attract value-conscious tenants who are increasingly seeking high-value occupancy alternatives in the expensive Bay Area real estate market. This demand will help tighten the Sonoma County office market.

15 DISCLAIMER This property is being offered on an as-is basis. While the Broker believes the information in this brochure to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained in this brochure. This property owner requests that you do not disturb the Tenants, as the property will only be shown in coordination with the Listing Agent. This brochure is presented under the terms and conditions of the Confidentiality Agreement. As such, the material contained in this brochure is confidential and is provided solely for the purpose of considering the purchase of the property described herein. Offers should be presented to the agent for the property owner, Kevin Doran of Keegan & Coppin Company, Inc. Prospective buyers are encouraged to provide buyer s background, source of funds and any other information that would indicate their ability to complete the transaction smoothly. Contact Information Kevin Doran Partner BRE # (707) ext KDoran@KeeganCoppin.com