Office/Flex Building Investment 150 Professional Center Drive Rohnert Park CA

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1 Fully Leased % CAP

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 22,000± gross square foot multi-tenant office/flex investment opportunity is strategically located in the Central Rohnert Park corridor. The property is 100% leased to multiple professional businesses. This property currently has six (6) tenants occupying 22,000± rentable square feet. The building is comprised of office/warehouse space with suites ranging in sizes from 2,000± rsf - 6,500± rsf. The building was built in 1986 and is professionally maintained and in excellent condition. This 1.5± acre (65,340± sf) lot is zoned Industrial/Office overlay. Overall the building, parking lot and landscaping is very well kept and professionally managed. The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

3 KEY FACTS Vicinity Map Location: Building Square Feet: Site Size: Rohnert Park, CA - Sonoma County 22,000± sf - Single-Story Bldg. 1.5± Acres Current Occupancy: 100% (Multi-Tenant - Thirteen units ranging from 2,000-6,500± sf) Lease Expiration: Various Asking Price: $3,243,069 Price per Sq. Ft.: $147 Cap Rate: 6.2% Zoning: I-L/O - Industrial/Office Overlay Fountain: Concrete Exterior Walls: Concrete Roofing: Mineral Cap Sheet Fire/Life/Safety Specs: Fire Sprinklers with Monitoring System Telephone/ISP Service Sonic, AT&T HVAC System: 12 Units - Dual Packed HVAC Mounted on Roof Year of Construction: 1986 Parcel Map:

4 170 Professional Center Drive 150 Professional Center Drive

5 RENT ROLL BUILDING TENANT AREA SF RENT PSF MONTHLY RENT TYPE OF LEASE RENT INCREASES LEASE TERM EXTENSION OPTIONS UTILITIES PAID BY LANDLORD UTILITIES PAID BY TENANT 150 Allstate Insurance 150 Pathways Charter School 1,500 $1.59 $2,385 Full Service CPI, 3% cap 5 years 5 years Water/Garbage, PG&E None 8,509 $1.08 $9,214 Gross 3% 5 years 5 years Water /Garbage PG&E, CAM for water & garbage 150 Sonoma State 3,003 $1.30 $3,903 Full Service Flat 3 years 3 years Water/Garbage, None PG&E 150 Flower Company 6,500 $1.07 $6,930 Gross 3% 5 years 5 years Water/Garbage PG&E, CAM for water & garbage 150 Tony Young Sheet Metal 1,170 $1.37 $1,600 Gross 3% Mo. To Mo. 20,682 $24,032 N/A Water/Garbage PG&E Front of Building - Facing South Front of Building - Facing North The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

6 PROPERTY INFORMATION ANNUAL OPERATING DATA Proforma Type Office/Industrial Flex Scheduled Gross Income $302,011 Number of Units Total Square Footage + - Price $3,080,000 Annual Adjusted Income $297,768 Price/psf $140 - Less Expenses $103,105 Location 150 Professional Center Drive Annual NOI $194,663 Zoning Office - Less Annual Debt Service $154,077 Site 6 22, acres Plus Reimbursements Less Vacancy & Credit Allowance Annual Cash Flow $4,817 $9,060 $40,586 CAP Rate Cash on 6.32% Cash % 5.27% LOAN ASSUMPTIONS ANNUAL EXPENSES Down Payment $770,000 Real Estate Taxes $38,444 Water/Sewer $6,495 Loan Amount $2,310,000 PG&E $14,396 Builidng Expenses $43,770 Interest Rate 4.50% Total Expenses $103,105 Amortization (Yrs) 25 Annual Debt Service $154,077 The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

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8 150 FLOOR PLAN Unit A1 2,488± sf Northern Drywall Corporation 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

9 1. 2 Separate APNs will be completed 2. There is a reciprocal parking agreement Lot Line Adjustment Map

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

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13 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.

14 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