I-5 FRONTAGE |Gorman, CA 59.34 Acres Neighboring Tejon Ranch Community CONFIDENTIALITY & DISCLAIMER STATEMENT All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate thirdparty independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW Commerical - Santa Monica in compliance with all applicable fair housing and equal opportunity laws. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

2 I-5 FRONTAGE RAW LAND

PROPERTY

3 I-5 FRONTAGE RAW LAND

Price $2,125,000 Lot Acreage 59.34 Acres Price/Acre $35,810 3252-011-021 APN 3252-011-017 3251-017-015 Zoning LCA15*

4 Consistent with the Antelope Valley Area Plan (AVAP), the Centennial project includes the development of a master planned community, offering a wide array of housing, business park/office space, commercial, schools, parks, natural open space, cultural, and public uses.

It will be built over a period of approximately 20 years and is within the privately-owned Tejon Ranch and entirely within Los Angeles County.

Details

• 12,323 acres

• Approximately 5,600 acres preserved as open space

• Approximately 6,700 acres developed into villages and neighborhoods

• 19,333 homes (single-family, multi-family, detached, attached, estate, etc.)

• 10.2 million square feet of retail/public/business park/office space/civic development

• Green Development Program incorporating sustainable development into all aspects of design

5 [Centennial Land Use Plans]

6 Tejon Ranch The Tejon Ranch Company based in Lebec, California, is one of the largest private landowners in California. The federally gifted lands still held by the Catellus Corporation, a successor to the Southern Pacific Land Company, are much more extensive. It was incorporated in 1936 to organize the ownership of a large tract of land originally comprising four Mexican land grants, and began ranching in the 1840s. It now controls over 270,000 acres in the southern San Joaquin Valley, Tehachapi Mountains, and Antelope Valley. Tejon Ranch grows almonds, pistachios, walnuts, wine grapes, and several varieties of row crops. Depending on the season, up to 12,000 head of cattle can be found grazing on the ranch. Cattle leases cover about 250,000 acres. Gorman, CA Gorman is an unincorporated community in northwestern Los Angeles County. Tens of thousands of motorists travel through it daily on Interstate 5. Gorman is a historic travel stop in Peace Valley, at the Tejon Pass which links Southern California with the San Joaquin Valley and Northern California. Gorman is a total of 1,530 acres in total size. It lies where three Transverse System mountain ranges meet- the Sierra Pelona Mountains, the Tehachapi Mountains, and the San Emigdio Mountains. One of the Mountain Communities of the Tejon Pass, it is southeast of Frazier Park and south of Lebec. Interstate 5 runs through Gorman, and State Route 138 connects to the Interstate a few miles south California poppies, Lupines, and other wildflowers dramatically cover the hills in the springtime when there is sufficient rain. PROPERTY Future construction Tejon Mountain Village The most extensive of these projects, Tejon Mountain Village is a proposed residential, commercial, and recreational development that has been a matter of heated debate for years in the Mountain Communities of the Tejon Pass. The development would include homes, commercial buildings, hotels, and golf courses Centennial Centennial is a proposed new town, or planned development, on the Tejon Ranch property. The project is undergoing an internal review by the County of Los Angeles Department of Regional Planning. Tejon Industrial Complex Three large warehouses have been built by the Tejon Ranch Company as the first in what will be an industrial complex designed to compete with distribution centers in Riverside and San Bernardino counties Foreign-made goods will be trucked in from California ports like Oakland and Los Angeles and stored until they are delivered to retailers. About a third of the park is expected to be declared a foreign trade zone, allowing importers to defer payment of U.S. customs duty. The site also includes commercial use like restaurants, automobile service stations, and a large truck stop.

7 exclusive listing

ALICIA SHEPHERD KEN AUSTIN Agent Agent 310.774.3703 661.549.7877 [email protected] [email protected] CalDRE: 01916304 CalDRE: 01461427 Each office is individually owned and operated. DRE: 01499010