Vista Professional Centre Page 1 of 46 Tenant 100% Occupied Retail Strip CenterFor Sale $1,598,0007,993 SF Building on 27,443 SF Lot

Information herein is compiled from data believed to be correct, but TIE Commercial assumes no liability for any inaccuracies. Buyer to independently verify all information.

TIE Commercial - Robert Pew - CalBRE # 01157216 – cell/text 760.532.16001835 South Centre City Parkway #446, Escondido, California 92025

robpew@tiecommercial.com – www.tiecommercial.com

Property Details: 1010 East Vista Way, Vista, California 92084 Market Area - North San Diego County Built circa 1978 - APN 173-260-30-00 100% occupied - 10 divisible spaces, currently by 6 tenants Separate electric meters, bathrooms & HVAC for each tenant ±35 parking spaces (4.4 per 1,000sf), fenced yard in rear Large lighted monument signage at street Low maintenance landscaping (no lawn to mow) Daily Vehicle Traffic = 30,300 (SANDAG 2015)

Tenants - Rent Roll provided with Purchase Proposal, LOI or Offer: 100% occupied by 6 tenants collectively paying $13,175 gross rent $1.65 per square foot average rental rate – all leases gross Tenant start dates range from 10/1/15 thru 9/1/18 Lease expiration dates range from 6/30/19 thru 8/31/22 Tenant Mix - Dental, Jewelry, Nutrition, Church, Appliance Repair & Barber Shop

Financial Information: $158,100 annual rent, 100% occupied by 6 tenants $52,499 annual expenses - 55¢psf/month – 33% of Gross Rents

o Taxes (1.076% variable + $2,314 fixed) on $1,598,000 = $19,509 (1.22% of price)oMaintenance, Repairs, Utilities & Insurance (per FY2016 & FY2017) = $17,180 (18¢psf)o Separately metered electric - tenants pay their owno Vacancy @ 5% = $7,905 and Management @ 7% = $11,067

$105,601 annual NOI - 6.6% CAP on actual – 67% of Gross Rents

Demographics 1 / 3 / 5 mile radius (Meridian Econometrics): Median Household Income = $50,621 / $61,615 / $64,530 Population = 28,544 / 107,783 / 226,043

Sales Comps on Page 4

Vista Professional Centre Page 2 of 46 Tenant 100% Occupied Retail Strip CenterFor Sale $1,598,0007,993 SF Building on 27,443 SF Lot

Information herein is compiled from data believed to be correct, but TIE Commercial assumes no liability for any inaccuracies. Buyer to independently verify all information.

TIE Commercial - Robert Pew - CalBRE # 01157216 – cell/text 760.532.16001835 South Centre City Parkway #446, Escondido, California 92025

robpew@tiecommercial.com – www.tiecommercial.com

Vista Professional Centre – located in the center of major retail on East Vista Way

Vista Professional Centre Page 3 of 46 Tenant 100% Occupied Retail Strip CenterFor Sale $1,598,0007,993 SF Building on 27,443 SF Lot

Information herein is compiled from data believed to be correct, but TIE Commercial assumes no liability for any inaccuracies. Buyer to independently verify all information.

TIE Commercial - Robert Pew - CalBRE # 01157216 – cell/text 760.532.16001835 South Centre City Parkway #446, Escondido, California 92025

robpew@tiecommercial.com – www.tiecommercial.com

Vista Professional Centre Page 4 of 46 Tenant 100% Occupied Retail Strip CenterFor Sale $1,598,0007,993 SF Building on 27,443 SF Lot

Information herein is compiled from data believed to be correct, but TIE Commercial assumes no liability for any inaccuracies. Buyer to independently verify all information.

TIE Commercial - Robert Pew - CalBRE # 01157216 – cell/text 760.532.16001835 South Centre City Parkway #446, Escondido, California 92025

robpew@tiecommercial.com – www.tiecommercial.com

Sales Comparibles:

APN Full Site Address City Zip SF Built Lot Sales Price Sale Date $psf FAR

494-214-22-00 8702-16 La Mesa Blvd La Mesa 91942 7,961 1946 19,958 $ 1,545,000 6/30/2017 $ 194 40%

152-178-02-00 1425 S Coast Hwy Oceanside 92054 9,398 20,205 $ 2,000,000 7/10/2017 $ 213 47%

356-110-21-00 7847 Clairemont Mesa Blvd San Diego 92111 9,000 1969 22,514 $ 2,100,000 10/6/2017 $ 233 40%

383-260-80-00 7973 Mission Gorge Rd Santee 92071 6,291 26,571 $ 1,400,000 2/20/2018 $ 223 24%

586-250-23-00 8360 Paradise Valley Rd Spring Valley 91977 8,160 1980 23,086 $ 1,595,000 7/25/2017 $ 195 35%

176-011-14-00 898 E Vista Way Vista 92084 7,759 1973 20,121 $ 1,550,000 2/21/2017 $ 200 39%

164-290-51-00 417-25 W Vista Way Vista 92083 8,824 1959 23,086 $ 1,900,000 8/15/2017 $ 215 38%

Avg = $ 210

Subject Property Value per Avg

173-260-30-00 1010 E Vista Way Vista 92085 7,993 1978 27,443 $ 1,682,311 29%

For more photos of the property and the comparable properties, click on this link:

https://www.dropbox.com/sh/hnc1qvdhtenac1l/AACV0DmCv-GZ1I-MqNqHT7Dea?dl=0