www.HummelAndAssociates.com

THE GREAT OAKS PLAZANNN RETAIL INVESTMENT

For more information please contact:

CRAIG J. HUMMELAGENTLICENSE # 01849544P 661-444-1602F 661-449-3322cj@hummelandassociates.com

CRAIG A. HUMMELBROKER/APPRAISERLICENSE # 01108671P 661-444-1602F 661-449-3322ca@hummelandassociates.com

SOUTHERN CALIFORNIANNN RETAIL CENTERBAKERSFIELD MSA20601 HIGHWAY 202 TEHACHAPI, CA 93561

LISA ANDERSONAGENTLICENSE # 01851253P 661-444-1602F 661-449-3322la@hummelandassociates.com

INVESTMENT HIGHLIGHTS

ASKING PRICE: $2,150,000

Pro Forma CAP RATE 10.48%Pro Forma NOI $251,100

PRICE PER SQ.FT. $96.83

CURRENTLY 67% OCCUPIED

BUILDING SIZE. 22,203 SQ.FT.

LAND AREA 2.2 ACRES

YEAR BUILT 2010

TRAFFIC COUNT 13,000 AADT PER CAL TRANS

This shopping center is professionally managed and leased by:Craig Hummel & Associates, Commercial Property Management

The Great Oaks Plaza is a NNN retail center located on busy Highway 202 in Tehachapi Ca.

Call for full financial information.All information, projections, and representations show herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Century 21 Jordan-Link & Company or its agents and are subject to change without notice. References to square footage, financial information, or age are approximate. Buyer must verify the information and bears all risk of any inaccuracies.

PRICE REDUCED AGAIN!

RENT ROLL

TENANT SUITE # SQ.FT. LEASE START EXPIRATION OPTION INCREASES

Vacant A101 2,000

The Sand Trap A102 1,400 7/1/2019 6/30/2022 3 YEAR 3% PER YEAR

Incrediprints A103 1,200 4/1/18 2/28/21 3 YEAR 3% PER YEAR

Vacant A104 1,000

Golden Mtn Tavern A105-A107 5,878 8/1/17 7/31/22 5 YEAR MULTIPLE

Sessions Consignment A108 1,400 4/1/19 3/31/22 3 YEAR 3% PER YEAR

Bear Force B101 1,428 1/1/17 1/1/20 3 YEAR 3% PER YEAR

The Butcher Shop B102 1,000 6/1/16 5/31/21 5 YEAR 3% PER YEAR

Vacant B103 1,000

Vacant B104 1,100

Virtual Reality B105 1,200 4/1/19 3/30/22 3 YEAR 3% per year

Vacant B106 1,000

Vacant B107 1,000

Lonestar Sierra B108 1,400 8/1/18 7/31/21 3 YEAR 3% PER YEAR

All information, projections, and representations show herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Century 21 Jordan-Link & Company or its agents and are subject to change without notice. References to square footage, financial information, or age are approximate. Buyer must verify the information and bears all risk of any inaccuracies.

SITE PLAN

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A101 A102 A103 A104 A105 A106 A107 A108

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B101

B102

B103

B104

B105

B106

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B108

1,428 SQ.FT. LEASED

1,000 SQ.FT. LEASED

1,000 SQ.FT. AVAILABLE

1,100 SQ.FT. AVAILABLE

1,200 SQ.FT. LEASED

1,000 SQ.FT. AVAILABLE

1,000 SQ.FT. AVAILABLE

1,400 SQ.FT. LEASED

A102 The Sand TrapA103 IncrediprintsA105-A107 Golden Mtn Sports TavernB101 Bear Force TaekwondoB102 The Butcher ShopB105 Virtual RealityB108 Lonestar Sierra

All information, projections, and representations show herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Century 21 Jordan-Link & Company or its agents and are subject to change without notice. References to square footage, financial information, or age are approximate. Buyer must verify the information and bears all risk of any inaccuracies.

AERIAL VICINITY

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VICINITY MAP

TEHACHAPI, CALIFORNIA

TEHACHAPI MARKET INFORMATIONTehachapi is surrounded by numerous mountain peaks and recreational areas including Tehachapi Mountain Park and Red Rock State Park. The area is known for its Tehachapi Loop, electricity generating wind turbines, proximity to Edwards Air Force Base, and excellent environment for gliding. A maximum securityprison, the California Correctional Institution, also known as the Tehachapi State Prison, has long been located in the area. Population was 14,414 at the 2010 census and over 26,000 in a 5-mile radius. The populated places in the vicinity of the incorporated City of Tehachapi include Golden Hills, Old Town, Bear Valley Springs, Stallion Springs, Oak Knolls, Alpine Forest Park, Mountain Meadows, Cummings Valley, Brite Valley, Old West Ranch, Sand Canyon, Keen, and Hart Flat. The Greater Tehachapi Area has a 25-mile radius. Tehachapi’s elevation ranges from 3,969 feet to 7,981 feet. Tehachapi has seen a huge increase in business in the last few years. Residential and population growth is creating many opportunities for a currently underserved retail market.

The growing city of Tehachapi, California is located in the high desert area of Kern County, approximately 40 miles southeast of Bakersfield and approximately 115 miles north of Los Angeles. The mountain pass on which the city of Tehachapi is located is served by two major freeways, Routes 58 and 14.

AREA DEMOGRAPHICS

All information, projections, and representations show herein are based on information supplied by sources deemed to be reliable; however, they are not warranted by Century 21 Jordan-Link & Company or its agents and are subject to change without notice. References to square footage, financial information, or age are approximate. Buyer must verify the information and bears all risk of any inaccuracies.

SITE PLAN