32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

8.96% CAP INVESTMENT OFFERING

FULLY LEASED COMMERCIAL/INDUSTRIAL BUILDING

32247 DUNLAP BLVD, YUCAIPA, CA

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

TABLE OF CONTENTS

INVESTMENT SUMMARY

INCOME ANALYSIS

PROPERTY DESCRIPTION

BUILDING PHOTOS

AERIAL MAP & ASSESSOR PARCEL MAP

LOCAL & REGIONAL MAP

DISCLOSURE & CONFIDENTIALITY

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

INVESTMENT SUMMARY

PROPERTY ADDRESS: 32247 Dunlap BlvdYucaipa, CA 92339

OFFERING PRICE: $1,800,000

PRICE PER SQUARE FOOT: $170.45

TOTAL ANNUAL GROSS INCOME: $161,295

ANALYSIS CAP RATE: 8.96%

INVESTMENT OFFERING: The current owner is offering at a discount, a high-yield (8.96%) single tenant NNNleased investment property with four (4) years remaining on the initial term. Excellent opportunity for a private investor to own a fully leased, freeway frontageasset. “The Body Shop” is a stable tenant with multiple locations in Southern California who pays all taxes and operating costs associated with the property. This offering is priced based on an 8.96% capitalization rate, while Market pricing for competitive assets range from 7.5 – 8% CAP rates.

INVESTMENT HIGHLIGHTS: Functional and versatile freeway frontage building on a large secured lot. Desirable location and conveniently located in close proximity to numerous retail amenities. Exceptional Freeway access to both the I-10 and 60 Freeways.Tenant has an option to renew with a 6 – 9 month notice in the 10th year of term.

UPSIDE: Excellent NNN cash flow from a stable tenant. High yield investment opportunity with potential for rent growth.

Offering Summary

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

INVESTMENT SUMMARYIncome Analysis

MARKET* ACTUAL COMMENTS

Annual Rental Rate

(Monthly)$1.13 $13.57 $1.13 $13.57 $11,941 per month with 3% annual increases

Rentable S.F Building 10,560 SF 10,560 SF 10,560 SF 10,560 SF Metal building with Freeway frontage

Annual Gross Rental Income $143,294.98 $143,294.98

Miscellaneous Income (Monthly) $1,500 $18,000.00 $1,500 $18,000.00 $1,500 per month additional payment | rent recapture

Total Annual Gross Income $161, 294.98 $161,294.98

Less: Vacancy Reserves

(estimated) 0.00% $0.00 0.00% $0.00 Single Tenant occupant

Less: OperationalCosts $0.00 $0.00 $0.00 $0.00 Paid by Tenant in the NNN

Annual Net Operating Income $161,294.98 $161,294.98

CAP RATE 8.00% 8.00% 8.96% 8.96%

Purchase Price Value

Income Approach Value $2,016,187.20 $1,800,167.14

Income Approach Value | Square

Footage$190.93 PSF $170.47 PSF

*The CAP Rate used (8.96) is above the established Inland Empire CAP Rate that is between 7.5% to 8%

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

PROPERTY DESCRIPTION

PROPERTY FEATURESTotal Building Size: 10,560 SF

Site: 41,400 SF – The existing tenant owns the contiguous parcel to the west. It is currently available for sale. The combined lots would total approximately 82,000 SF (1.90 Acres).

Age: Built in 1992

APN: 0301-162-06

Units: One (1) Building

Zoning: Community Industrial (IC) District | City of Yucaipa

Location: The property is located north of the 10 Freeway, between Yucaipa Blvd &Live Oak Canyon Rd. (Oak Glen Rd)

Construction: The building shell is pre-engineered steel construction.

Landscaping: Landscaping consists of mature plants and shrubs on the property boundaries and at the properties entrances

Fenced Yard: Secure fenced yard

Floors: Concrete slab

Roofs: Metal roof

Loading Doors: 5 ground level doors

Traffic Count: 136,000 cars per day (on I-10 FWY)

Location: Great location with easy access to the I-10 & 60 FWY. Unparalleled Freeway frontage &signage opportunities. Vacant contiguous parcel available.

Property Features

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

INVESTMENT SUMMARYBuilding Photos

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

AERIAL MAP

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

SITE MAP 32247 Dunlap Blvd, Yucaipa, CA

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

AERIAL & PARCEL SITE MAP

32247 Dunlap Blvd, Yucaipa, CA

32247 Dunlap BlvdYucaipa, CA

CUSHMAN & WAKEFIELD

DISCLOSURE & CONFIDENTIALTY

DISCLOSURE & CONFIDENTIALITY This offering was prepared by Cushman & Wakefield and has been reviewed by the Owner. It contains select information pertaining to this Property and does not purport to be all-inclusive or to contain all of the information which a prospective purchaser may desire. All financial projections are provided for general reference purposes only and are based on assumptions relating to the general economy, competition and other factors beyond control and, therefore, are subject to material change or variation. An opportunity to inspect the Property will be made available to qualified prospective purchasers. In this Offering, certain documents, including leases and other materials, are described in summary form. The summaries do not purport to be complete nor, necessarily, accurate descriptions of the full agreements involved, nor to they constitute a legal analysis of such documents. Interested parties are expected to independently review all documents.This Offering is subject to prior placement, errors, omissions, changes or withdrawal without notice and does not constitute a recommendation, endorsement or advice as to the value of the Property by Cushman & Wakefield or Owner. Each prospective purchaser is to rely upon its own investigation, evaluation and judgment as to the advisability of purchasing the Property described herein. Owner and Cushman & Wakefield expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the Property and/or to terminate discussions with any party at any time with or without notice. Owner shall have no legal commitment or obligation to any purchaser reviewing this Offering or making an offer to purchase the Property unless a written agreement for the purchase of the Property has been fully executed, delivered and approved by Owner and any conditions to Owner’s obligations there under have been satisfied or waived. Cushman & Wakefield is not authorized to make any representations or agreements on behalf of Owner.This Offering is the property of Cushman & Wakefield and may be used only by parties approved by Cushman & Wakefield. The Property is privately offered and by accepting this

Offering, the party in possession hereof agrees (I) to return it to Cushman & Wakefield immediately upon request of Cushman & Wakefield or Owner and (ii) that this Offering and its contents are of a confidential nature and will be held and treated in strictest confidence. No portion of this Offering may be copied or otherwise reproduced or disclosed to anyone without the prior written authorization of Cushman & Wakefield and Owner. The terms and conditions set forth above apply to this Offering in its entirety.

FOR MORE INFORMATION, PLEASE CONTACT:

Michael Day Lic. 01362830Senior Director(909) 942.4681michael.day@cushwake.com