WILDOMAR RETAIL CENTER

WILDOMAR RETAIL CENTER A NET LEASED OFFERING 22812 PALOMAR STREET WILDOMAR, CA 92595 1

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OVERVIEW 100% LEASED RETAIL CENTER 22812 PALOMAR RD WILDOMAR, CA $2,824,000 PRICE 6.00% CAP LEASE EXPIRATIONS: ANGEL VIEW 10/31/2023 SNS NAILS 3/31/2022 TRIBE SALON 7/31/2022 LEASABLE SF 9,617 SF BUILT 2008 LAND AREA 1.51 AC LEASE TYPE ABSOLUTE NNN SHOPPING CENTER PARKING 65 (6.78/1,000 SF) ALL NEWER LEASES WITH OPTIONS ANNUAL INCREASES FOR ALL THREE TENANTS STRONG DAYTIME TRAFFIC THE PROPERTY IS IN A FAST GROWING TRADE AREA WITH STRONG DEMOS $95,0000 + HOUSEHOLD INCOME 3

INVESTMENT HIGHLIGHTS THE OFFERING is a 3-Tenant retail building in Wildomar, CA with new absolute NNN leases in place featuring zero Landlord management or maintenance expenses. It is located on a signalized corner featuring excellent visibility along Clinton Keith Blvd., with over 18,000+ VPD. The subject property is located in a Rite Aide anchored center and is the only drugstore anchored center in the immediate vicinity. THE SUBJECT PROPERTY is located in Wildomar, California, which is an incorporated City within Riverside County, California boasting a median income of over $77,000 and a population of over 36,000 in 2016. Wildomar is the home of the Inland Valley Medical Center and several residential housing projects that are in various stages of City approval and development with the median home price at ±$406,600. CONTACT THE TEAM NICK CORBELL ncorbell@leetemecula.com P: 951.445.4522 DRE # 01932821 NICK EARLE nearle@leetemecula.com P: 951.445.4528 DRE # 1916982 BRIAN BIELATOWICZ bbielatowicz@leetemecula.com P: 951.445.4515 DRE # 01269887 No warranty or representation has been made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 Corporate ID# 01048055 4

AERIAL 16,000 CPD HANCOCK AVE SHIEVELA M.S. CLINTON KEITH RD OAK SPRINGS RANCH APARTMENTS SANTA ROSA APARTMENTS 131,000 CPD JACKSON AVE E. HALE CURRAN E.S. CAL OAKS RD MURRIETA MESA H.S. INLAND VALLEY MEDICAL CENTER 15 JEFFERSON AVE OLIVE WOOD THE BARN BEAR VALLEY PLAZA WILDOMAR RETAIL CENTER PALOMAR ST 7,000 CPD 10,000 CPD WASHINGTON AVE GRAND ISLE SENIOR HOMES KALMIA PLAZA KALMIA ST TOWN SQ. MURRIETA E.S. NUTMEG ST MURRIETA VALLEY H.S. THOMPSON M.S. COLE CANYON BEAR CREEK 5

THE CITY OF WILDOMAR WILL BE A SAFE AND ACTIVE COMMUNITY, RESPONSIBLY GROWN, WITH QUALITY INFRASTRUCTURE WHILE KEEPING A HOMETOWN FEEL RIVERSIDE is a city in Riverside County, California, United States, located in the Inland Empire metropolitan area. Riverside is the county seat of the eponymous county and named for its location beside the Santa Ana River. It is the most populous city in the Inland Empire and in Riverside County, and is located about 55 miles (89 km) east of downtown Los Angeles THE INLAND EMPIRE is a metro area east of Los Angeles and composed of Riverside County and San Bernardino County. The Inland Empire is one of the fastest growing regions in California with over 4.5 million residents and a job market projecting positive growth between 2016-2026. WILDOMAR RETAIL CENTER WILDOMAR Wildomar is a city in Riverside County, California, United States. It was incorporated on July 1, 2008.[1] The city is located in a fast-growing area. As of the 2010 census, the population of Wildomar was 32,176, an increase from 14,064 at the 2000 census, when the community was still an unincorporated census-designated place. 6

SUBMARKET OVERVIEW RETAILERS IN CLOSE PROXIMITY INCLUDE: 7-ELEVEN ARCO BARONS MARKET BEAN COFFEE ROASTERS CHASE BANK DEL TACO DENNY S DUNKIN DONUTS EL POLLO LOCO FARMERS INSURANCE FITNESS 19 GREAT CLIPS JACK IN THE BOX MCDONALD S PANDA EXPRESS SHELL SPRINT TACO BELL THE HABIT YELLOW BASKET 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. Buyer must verify the information and bears all risk for any inaccuracies. BUSINESS SUMMARY TOTAL 1-MILE 3-MILES 5-MILES BUSINESSES 336 1,138 3,226 EMPLOYEES 2,343 7,689 25,714 RESIDENTIAL POPULATION 6,888 60,535 123,796 7

INCOME & EXPENSE PRICE $2,824,000 Price Per Square Foot: $293.65 Capitalization Rate: 6.00% Total Rentable Area (SF): 9,617 STABILIZED INCOME Scheduled Rent Effective Gross Income LESS Taxes Insurance Total Operating Expenses PER SQUARE FOOT See full offering memorandum for details PER SQUARE FOOT Tenant Paid Tenant Paid Tenant Paid TOTAL LANDLORD EXPENSES $0.00 $0 EQUALS NET OPERATING INCOME See full offering memorandum for details 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. Buyer must verify the information and bears all risk for any inaccuracies. 8

RENT ROLL ANGEL VIEW: 11/01/2018 10/31/2019 11/01/2019 10/31/2020 11/01/2020 10/31/2021 11/01/2021 10/31/2022 11/01/2022 10/31/2023 ONLY SNS NAILS: 04/01/2018 03/31/2019 04/01/2019 03/31/2020 04/01/2020 03/31/2021 04/01/2021 03/31/2022 04/01/2022 03/31/2023 ±6,345 SF See full offering memorandum for details ±1,580 SF See full offering memorandum for details This Angel View location has the highest average donations of all locations in the region. One (1) Sixty (60) month option FMV but not to be less than 103% of the immediately preceding month s base annual Rental Rate with 3% annual increases thereafter. TRIBE SALON: ±1,692 SF 08/01/2018 07/31/2019 $2,551.50 4% annual increases throughout initial term and 3% annual increases throughout the option term. 08/01/2019 07/31/2020 $2,653.60 08/01/2020 07/31/2021 $2,759.70 08/01/2021 07/31/2022 $2,870.13 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. Buyer must verify the information and bears all risk for any inaccuracies. 9

LEASE ABSTRACT PREMISE & TERM LEASE PROVISIONS THE LEASE IS ABSOLUTE NNN WITH ZERO LANDLORD MANAGEMENT / MAINTENANCE EXPENSES TENANT S OBLIGATIONS - All TENANTS BUILDING SF LEASE TYPE Angel View Only SNS Nails Tribe Salon ±9,617 SF Absolute Net LANDLORD S OBLIGATIONS - None ASSIGNMENT - Only with written Landlord approval (see lease) RIGHT OF FIRST OFFER - None RENT BASE RENT BASE RENT BASE RENT ANGEL VIEW: ONLY SNS NAILS: TRIBE SALON: DATE RANGE MONTHLY RENT ANNUAL RENT DATE RANGE MONTHLY RENT ANNUAL RENT DATE RANGE MONTHLY RENT ANNUAL RENT 11/01/2018 10/31/2019 04/01/2018 03/31/2019 08/01/2018 07/31/2019 11/01/2019 10/31/2020 11/01/2020 10/31/2021 11/01/2021 10/31/2022 See full offering memorandum for details 04/01/2019 03/31/2020 04/01/2020 03/31/2021 04/01/2021 03/31/2022 See full offering memorandum for details 08/01/2019 07/31/2020 08/01/2020 07/31/2021 08/01/2021 07/31/2022 See full offering memorandum for details 11/01/2022 10/31/2013 04/01/2022 03/31/2023 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. Buyer must verify the information and bears all risk for any inaccuracies. 10

SITE PLAN P A N 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. Buyer must verify the information and bears all risk for any inaccuracies. Only SNS Nails Tribe Salon 11

DEMOGRAPHICS POPULATION 1-MILE 3-MILES 5-MILES 2010 4,781 53,589 109,882 2018 6,888 60,535 123,796 2023 7,301 64,273 131,934 2018 HH INCOME 1-MILE 3-MILES 5-MILES WILDOMAR AVERAGE $89,080 $95,096 $92,765 MEDIAN $86,448 $84,738 $80,772 TOP EMPLOYERS IN RIVERSIDE COUNTY EMPLOYER # OF EMPLOYEES County of Riverside 22,538 University of California, Riverside 8,686 March Air Reserve Base 8,500 Amazon 7,500 Kaiser Permanente Riverside Medical Center 5,739 THE AVERAGE HOUSEHOLD INCOME WITHIN A 5-MILE RADIUS IS OVER $93K 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. Buyer must verify the information and bears all risk for any inaccuracies. 12

LOCATION OVERVIEW WILDOMAR CALIFORNIA WILDOMAR is a community of old and new, more mature homes and acreages with horses and other animals mixed with more modern housing tracts. Nestled between the cities of Murrieta and Lake Elsinore, Wildomar officially became a city on July 1, 2008, at that time home to about 28,000 residents. The name Wildomar was coined from the names of its three founders -- the WIL from William Collier, the DO from Donald Graham and the MAR from Margaret Collier Graham. Currently leased by the Wildomar Chamber of Commerce, the building has served the community in one capacity or another for over 100 years. Originally on Lemon Street, the building was moved to its present location in 1895 selected because the railroad tracks ran behind the building. The building was to be a stop for the railroad. Once the railroad no longer ran through Wildomar, the building found other uses. In 1993, the Animal Friends of the Valleys and the chamber brought the building back into a serviceable condition. These two agencies have shared the building ever since. Wildomar had been an outpost for the pony express for the Butterfield Stage, and in the early part of this century, a stop for the Southern California Railroad. After the tracks washed out, growth in the area slowed and Wildomar remained a farming and ranching area, including a large number of horse ranches. Construction of the I-15 freeway brought urban-type growth to Wildomar, which led to the mixture of urban and rural. Wildomar Incorporation Now, commonly known as WIN, led the effort to incorporate. Its office was in a small, unassuming historic building near the corner of Mission Trail and Corydon. It is one of the oldest public buildings in the area. INLAND EMPIRE The Inland Empire is located east of Los Angeles with a population exceeding 4.5 million residents. The Inland Empire is now one of the nation s fastest growing economies, and Riverside-San Bernardino- Ontario is now America s 13th largest MSA, ahead of Seattle, San Diego, and Denver. The Inland Empire has been California s fastest growing region for decades largely due to various housing booms and the exploding logistics/ warehousing industry. Due to the high costs of Los Angeles, many residents move east and commute into Los Angeles County. 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. Buyer must verify the information and bears all risk for any inaccuracies. 13

CONTACT THE TEAM NICK CORBELL ncorbell@leetemecula.com P: 951.445.4522 DRE # 01932821 NICK EARLE nearle@leetemecula.com P: 951.445.4528 DRE # 1916982 BRIAN BIELATOWICZ bbielatowicz@leetemecula.com P: 951.445.4515 DRE # 01269887 No warranty or representation has been made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 Corporate ID# 01048055

No warranty or representation has been made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 Corporate ID# 01048055 25240 Hancock Avenue, Suite 100 Murrieta, CA 92562 951.445.4500 lee-associates.com