23470 OLIVEWOOD PLAZA DR Moreno Valley, CA 92553 1 NON-ENDORSEMENT and DISCLAIMER NOTICE

Market Positioning and Pricing Analysis

23470 OLIVEWOOD PLAZA DR Moreno Valley, CA 92553 1 NON-ENDORSEMENT AND DISCLAIMER NOTICE

Non-Endorsements Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

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Disclaimer THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

23470 OLIVEWOOD PLAZA DR Moreno Valley, CA ACT ID ZAA0970024

2 PRESENTED BY

Bruce Haulley Associate Palm Springs Office Tel: (909) 456-3400 Fax: (909) 456-3410 [email protected] License: CA 01239289

3 23470 OLIVEWOOD PLAZA DR

TABLE OF CONTENTS

SECTION

INVESTMENT OVERVIEW 01 Property Overview Regional Map Local Map Aerial Photo Parcel Map

FINANCIAL ANALYSIS 02 Tenant Summary Lease Expiration Summary Operating Statement Notes Pricing Detail Proposal Price

MARKET COMPARABLES 03 Sales Comparables Lease Comparables

MARKET OVERVIEW 04 Market Analysis Demographic Analysis

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INVESTMENT OVERVIEW

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PROPERTY OVERVIEW

PROPERTY OVERVIEW A well built office building, located in a highly populated sub-market, close to retail, services, and traffic arteries. Huge parking lot, with neighboring high-quality office and hospitality properties. Low operating costs.

Seller financing available.

A viable business plan: acquire and operate building with seller financing, and solicit new tenants at market rents ($1.30 to $1.67 gross). When the property achieves market occupancy level (94%), the value of the property will be significantly above current asking price. CoStar reports that the office market cap rate is 6.8%.

The property is also ideal for an owner-user, who would utilize the space needed for their business and manage the property for additional tenants.

The zoning of the property is “Village Specific Plan” (SP204 community commercial), and is completely compliant with current guidelines. There is no sign program assigned to the building, so a new owner may install signage facing the freeway (118,000 average daily traffic) with a size up to ten percent of the building face.

The interiors of the vacant units are in excellent, clean condition. There is no visible or apparent deferred maintenance. The roof and A/C units were last done in 2003, but have been continuously maintained.

The property has a large parking area, with sixty spots and four for handicapped.

PROPERTY OVERVIEW

§ Excellent sub-market -- 269,233 consumers within a fifteen minute drive time radius spend over $5 billion for goods and services § Low 6% office vacancy in market § Large parcel with ample parking § Adjacent to freeway, retail, and traffic arteries

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REGIONAL MAP

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LOCAL MAP

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AERIAL PHOTO

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NEIGHBORING PROPERTIES

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PROPERTY PHOTO

Marcus & Millichap closes more transactions than any other brokerage firm.

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PARCEL MAP

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FINANCIAL ANALYSIS

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FINANCIAL ANALYSIS TENANT SUMMARY

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FINANCIAL ANALYSIS OPERATING STATEMENT

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FINANCIAL ANALYSIS PRICING DETAIL

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MARKET COMPARABLES

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SALES COMPARABLES MAP

23470 OLIVEWOOD PLAZA DR (SUBJECT)

1 3768 10th St

2 1037 E Palmdale Blvd

3 14297 Cajon Ave

4 74923 Hovley Ln

ON MARKET COMPARABLES

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ON MARKET COMPARABLES ON MARKET COMPS AVG SALES COMPARABLES

Average Price Per Square Foot

$200.00

$180.00

Avg. $165.43

$160.00

$140.00

$120.00

$100.00

$80.00

$60.00

$40.00

$20.00

$0.00 23470 3768 1037 E 14297 74923 Olivewood 10th St Palmdale Cajon Ave Hovley Ln Plaza Dr Blvd

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SALESMARKETING COMPARABLES TEAM

ON MARKET COMPARABLES

3768 10TH ST 1037 E PALMDALE BLVD 23470 OLIVEWOOD PLAZA DR 3768 10th St, Riverside, CA, 92501 1037 E Palmdale Blvd, Palmdale, CA, 93550 23470 Olivewood Plaza Dr, Moreno Valley, CA, 92553 1 2

rentpropertyname1 rentpropertyname1 rentpropertyname1

Asking Price $2,000,000 On Market On Market Price/SF $109.21 Days On Market 400 Days On Market 500 CAP Rate 2.62% List Price $1,100,000 List Price $2,200,000 Year Built 1986 Rentable SF 6,499 Rentable SF 13,752 Occupancy 22% Price/SF $169.26 Price/SF $159.98 Parking Ratio 3.68/1,000SF Year Built 1905 Year Built 1987 Parking Ratio 3.32

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1 NOTES NOTES Vacancy -- asking $1.08 PSF MG Vacancy -- asking $.99 to $1.08 PSF NNN

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SALESMARKETING COMPARABLES TEAM

ON MARKET COMPARABLES

14297 CAJON AVE 74923 HOVLEY LN 14297 Cajon Ave, Victorville, CA, 92392 74923 Hovley Ln, Palm Desert, CA, 92260

3 4

rentpropertyname1 rentpropertyname1 rentpropertyname1

On Market On Market Days On Market 700 Days On Market 130 List Price $935,000 List Price $3,000,000 Rentable SF 6,176 Rentable SF 16,568 Price/SF $151.39 Price/SF $181.07 Year Built 1989 Year Built 1987

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1

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8 LEASE COMPARABLES MAP

23470 OLIVEWOOD PLAZA DR (SUBJECT)

1 24281 Postal Ave

2 23767 Sunnymead Blvd

3 23119 Cottonwood Ave

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LEASEMARKETING COMPARABLES TEAM

23470 OLIVEWOOD PLAZA DR 24281 POSTAL AVE 23767 SUNNYMEAD BLVD 23470 Olivewood Plaza Dr, Moreno Valley, CA, 92553 24281 Postal Ave, Moreno Valley, CA, 92553 23767 Sunnymead Blvd, Moreno Valley, CA, 92553

1 2

rentpropertyname1 rentpropertyname1 rentpropertyname1

Available SF 14,291 Survey Date 8/17/2019 Survey Date 8/17/2019 Asking Rent/SF $5.38 Rentable SF 35,719 Rentable SF 5,040 Year Built 1986 Available SF 523 Available SF 250 Occupancy 22% Asking Rent/SF $0.85 Asking Rent/SF $2.50 Lease Type Gross Year Built 1991 Year Built 1992 Lot Size 0.94 acre(s) Lease Type Modified Gross Lease Type Modified Gross Parking Ratio 3.68/1,000SF Lot Size .82 Lot Size .12

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1 NOTES NOTES Building similar in age and configuration. Inferior location. Large retail center -- close proximity to Subject Property

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LEASEMARKETING COMPARABLES TEAM

23119 COTTONWOOD AVE 23119 Cottonwood Ave, Moreno Valley, CA, 92553

rentpropertyname1 rentpropertyname1 rentpropertyname1

Survey Date 8/17/2019 Rentable SF 30,656 Available SF 30,656 Asking Rent/SF $2.20 Year Built 1988 Lease Type Gross Lot Size 6.14

rentpropertyaddress1 rentpropertyaddress1 rentpropertyaddress1 NOTES Entire space available with 30 days notice.

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MARKET OVERVIEW

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MARKET OVERVIEW RIVERSIDE-SAN BERNARDINO OVERVIEW

The Riverside-San Bernardino metro, also referred to as the Inland Empire, is a 28,000-square-mile region in Southern California composed of San Bernardino and Riverside counties. The metro contains a population approaching 4.6 million. The largest city is Riverside with more than 325,000 residents, followed by San Bernardino with nearly 221,000 people. Valleys in the southwestern portion of the region that are adjacent to Los Angeles, Orange County and San Diego County, are the most populous in the metro. These areas abut the San Bernardino and San Jacinto mountains, behind which lies the high desert area of Victorville/Barstow to the north and the low-desert Coachella, home of Palm Springs, to the east.

METRO HIGHLIGHTS

STRATEGIC LOCATION Interstate access, close proximity to LAX and Ontario International airports as well as ports in Long Beach and Los Angeles contribute to the metro’s vast air, rail and interstate transit network.

DOMINANT INDUSTRIAL MARKET Riverside-San Bernardino is one of the nation’s leading industrial markets in terms of sales, construction and absorption.

STRONG DEMOGRAPHIC TRENDS Jobs, colleges, new-home construction and more affordable housing options draw thousands of new residents to the Inland Empire each year.

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MARKET OVERVIEW

ECONOMY § Intermodal infrastructure supports the warehousing and distribution industry. Ontario International and the Southern California Logistics Airport in Victorville are cargo airports that supplement the distribution system. § Growth in the distribution industry impacts all others. Many Fortune 500 companies have massive distribution centers in the area, such as Amazon and Deckers. Available land allows further development. § Relatively affordable housing supports local population growth. These gains heighten the need for housing, retail goods, personal and government services.

MAJOR AREA EMPLOYERS

San Bernardino County Riverside County Stater Bros. Loma Linda University Medical Center Kaiser Permanente Walmart University of California, Riverside Amazon Ontario International Airport * Forecast March Air Reserve Base

SHARE OF 2018 TOTAL EMPLOYMENT

7% 10% 17% 12% 3% MANUFACTURING PROFESSIONAL AND GOVERNMENT LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES BUSINESS SERVICES

25% 7% + 15% 1% 3% TRADE, TRANSPORTATION CONSTRUCTION EDUCATION AND INFORMATION OTHER SERVICES AND UTILITIES HEALTH SERVICES

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MARKET OVERVIEW

DEMOGRAPHICS

§ The metro is expected to add nearly 240,000 people through 2023, and during this time, more than 105,000 households will be formed, generating demand for housing. SPORTS § The homeownership rate of 62 percent is below the national rate of 64 percent but well above large metros in California. § The median home price of $366,000 is also well below that of larger Southern California metros.

2018 Population by Age

7% 22% 7% 27% 24% 13% 0-4 YEARS 5-19 YEARS 20-24 YEARS 25-44 YEARS 45-64 YEARS 65+ YEARS EDUCATION

2018 2018 2018 2018 MEDIAN POPULATION: HOUSEHOLDS: MEDIAN AGE: HOUSEHOLD INCOME: 4.6M 1.4M 34.3 $59,100 Growth Growth U.S. Median: U.S. Median: 2018-2023*: 2018-2023*: 38.0 $58,800 5.2% 7.5%

QUALITY OF LIFE Relatively affordable housing is a large draw of the metro. The median home price in Riverside-San Bernardino is lower than in Los Angeles and Orange Counties. The Inland Empire provides a number of cultural opportunities, including the Riverside Metropolitan ARTS & ENTERTAINMENT Museum and the Museum of History and Art in Ontario. The Riverside County Philharmonic performs classical music concerts throughout the area. The region features an impressive offering of more than 20 college campuses, including nine community colleges, two California State University campuses and the University of California, Riverside.

Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau

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RIVERSIDE-SAN BERNARDINO METRO AREA

Household Growth Spurs Medical Office Demand; Buyers Look for Value-Add Opportunities Office 2019 Outlook Logistics industry underpins stability in the Inland Empire. The office market in the 730,000 Construction: Riverside-San Bernardino metro is bolstered by the strength of back-office operations sq. ft. will be Development will bring approximately and the companies that support the logistics industry. Local demand for office space completed 730,000 square feet of new space to the has tightened vacancy and influenced the ongoing appreciation of rents. Economic office market. Last year, a modest pipeline of growth in Chino Hills, Corona, Ontario and Rancho Cucamonga has broadened the 300,000 square feet was deposited. concentration of office-using employees and created additional demand for office space around the metro. While the traditional office property market is stable, medical 30 basis point Vacancy: office performance continues to improve, drawing out-of-market investors to the area. Vacancy will fall to 9.6 percent in 2019. Last decrease in vacancy The strong cash flows provided by medical office assets leased to quality tenants are year vacancy fell 180 basis points, dropping attractive to investors looking to diversify their portfolios. the rate to 9.9 percent.

Medical space accounts for most of the office construction in 2018. Household growth Rents: in the metro nearly doubled the national rate over the past year, increasing the need 2.8% increase in for quality medical offices around the metro. The RUHS Medical Center Campus and asking rents The average asking rent will rise to $22.76 the Sundance Corporate Center, two large medical centers under construction, will per square foot by the end of the year. This is deliver a combined 350,000 square feet to the eastern part of the Riverside submarket. an improvement on last year’s 1.7 percent increase. In Ontario, close to the airport, Prime Healthcare Services is building a medical office property that will add nearly 80,000 square feet of Class A space. The traditional office properties scheduled for completion this year make up approximately 20 percent of the year’s office construction. Investment Trends • Deal flow increased last year by approximately 10 percent as investors are maneuvering in the market with optimism. Strong fundamentals are boosting owner-user buyer activity among Class B/C office inventory. • The metro’s average cap rate fell 20 basis points over the annual period ended in March, dropping the average into the high-6 percent range. Medical office space with quality tenants is providing investors with returns in the high- 5 to low-6 percent range. • Office properties in primary submarkets near Corona, Chino Hills, Ontario and Rancho Cucamonga are attracting buyers as a result of their improving economic profiles. These locales have a growing number of high-income paying jobs due to their proximity to Orange County and Los Angeles. • Secondary submarkets like San Bernardino, Moreno Valley and the High * Cap rates trailing 12 months through 1Q19 Desert draw interest from value-add buyers searching for the market’s highest Sources: CoStar Group, Inc.; Real Capital Analytics cap rates.

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RIVERSIDE-SAN BERNARDINO METRO AREA

1Q19 – 12-Month Trend

EMPLOYMENT CONSTRUCTION VACANCY RENTS

increase in total square feet basis point decrease increase in the 1.3% employment Y-O-Y 160,000 completed 140 in vacancy Y-O-Y 3.1% average asking rent Y-O-Y Y-O-Y • At the end of the first quarter, • A diminished office pipeline • Local office demand has • The metro’s average asking 19,800 jobs had been created on brought a modest 160,000 continued to outpace supply, rent appreciated over the past an annual basis. The previous square feet of new space to dropping the market’s four quarters to an average period posted stronger job the Inland Empire over the vacancy rate to a cycle-low 9.5 price per square foot of growth of more than 55,000 past year ending in March. The percent at the end of the first $22.32. In the previous annual positions. previous period’s construction quarter. period, marketed rates rose • Office-using employment inched totaled more than 400,000 • Class B/C vacancy fell 160 1.4 percent. up over the past 12 months square feet of space. basis points over the past • The Inland Empire East ending in March, adding • The Riverside and Airport year. Class A vacancy submarket posted an average approximately 760 roles to the Area submarkets will receive dropped 40 basis points rent increase of 3.8 percent to market. Most of this growth came the bulk of the year’s during the period, far less $21.81 per square foot. Inland in the professional and business construction, including nearly than average decline of 210 Empire West posted 1.8 services sector. 500,000 square feet of new basis points dating back to percent average asking rent medical office space. 2009. growth, though the submarket’s rate is higher at $23.47 per square foot.

* Forecast

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RIVERSIDE-SAN BERNARDINO METRO AREA

Submarket Trends

Lowest Vacancy Rates 1Q19

Y-O-Y Asking Y-O-Y % Submarket Vacancy BasisPoint Rate Rent Change Change

*1Q19 **2018 Inland Empire West 8.4% -150 $23.47 1.8% Sales Trends High Yields and Lower Price Points on Value-Add And Medical Office Assets Garner Attention • Medical office assets continue to be heavily targeted. The growing presence of owner- users in the market and cap rates 50 basis points above other Southern California metros increased activity in the area. • Opportunistic buyers searching for assets to renovate and quickly lease up, scour the Inland Empire East 9.9% -140 $21.81 3.8% metro’s secondary submarkets for available properties. These have traded in recent years with first-year yields above 12 percent. Outlook: The Inland Empire attracts other California investors looking to diversify their portfolios with office properties that change hands with cap rates 100-200 basis points above their home markets. Overall Metro 9.5% -140 $22.32 3.1%

* Trailing 12 months through 1Q19 over previous time period Pricing trend sources: CoStar Group, Inc.; Real Capital Analytics

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RIVERSIDE-SAN BERNARDINO METRO AREA

Capital Markets

• Ongoing trade concerns weigh on growth outlook; Fed plots next steps. Amid rising trade tensions between the U.S. and China and slowing global growth, the outlook has turned more cautious. Market volatility, along with a flight to safety trade, has flattened the yield curve dramatically, with the 10-Year Treasury trading below 2.2 percent. This has pushed the broader yield curve into inversion, a closely watched precursor to a potential recession. Meanwhile, many measures of the domestic economy remain buoyant, including continued job and wage growth, historically low unemployment and muted inflationary pressure. These conditions have prompted a dichotomy, with Federal Reserve officials signaling more accommodative policies. The impending end of quantitative tightening in September, coupled with potential cuts to the Fed funds rate in the second half of the year, highlight the shift in Fed policy. As a result, long-term interest rates are likely to remain subdued, with Fed policy leaning toward accommodation.

• Conservative underwriting balances abundant marketplace liquidity. While debt availability for office assets remains widely available from a wide range of sources including local, regional and national banks and insurance companies, sentiment surrounding the health of the economy has fallen somewhat in recent months. Lenders remain broadly cautious in underwriting, with loan-to-value (LTV) ratios typically in the 55 to 70 percent range, depending on the borrower, asset and location. The conservative approach has filtered into a focus on proven property results, with much less willingness to lend against pro forma rents. This has prompted investors to turn toward short-term mezzanine debt and bridge loans to cover capital improvements, while seeking long-term solutions once returns have been solidified. Construction origination remains muted, with lenders focusing on core locations with proven

demand. * Trailing 12 months through 1Q19 Include sales $2.5 million and greater Sources: CoStar Group, Inc.; Real Capital Analytics

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MARKETINGDEMOGRAPHICS TEAM Created on September 2019

POPULATION 1 Miles 3 Miles 5 Miles POPULATION PROFILE 1 Miles 3 Miles 5 Miles § 2023 Projection § Population By Age Total Population 27,946 142,639 252,873 2018 Estimate Total Population 26,976 138,145 237,234 § 2018 Estimate Under 20 33.62% 32.13% 31.70% Total Population 26,976 138,145 237,234 20 to 34 Years 26.30% 24.79% 24.75% § 2010 Census 35 to 39 Years 6.81% 6.74% 6.63% Total Population 25,407 128,892 220,631 40 to 49 Years 11.78% 12.12% 12.21% § 2000 Census 50 to 64 Years 14.54% 16.31% 16.73% Total Population 23,061 109,114 167,432 Age 65+ 6.95% 7.92% 7.97% § Current Daytime Population Median Age 29.00 30.35 30.58 2018 Estimate 19,397 102,536 194,390 § Population 25+ by Education Level HOUSEHOLDS 1 Miles 3 Miles 5 Miles 2018 Estimate Population Age 25+ 15,575 82,024 141,474 § 2023 Projection Elementary (0-8) 9.83% 9.56% 7.83% Total Households 8,208 39,400 71,934 Some High School (9-11) 13.52% 13.41% 11.30% § 2018 Estimate High School Graduate (12) 29.16% 28.10% 26.06% Total Households 7,685 36,872 65,145 Some College (13-15) 23.74% 23.71% 24.24% Average (Mean) Household Size 3.44 3.63 3.48 Associate Degree Only 6.70% 7.75% 8.20% § 2010 Census Bachelors Degree Only 9.34% 9.28% 12.13% Total Households 7,263 34,704 60,895 Graduate Degree 3.99% 4.61% 7.49% § 2000 Census Total Households 6,854 30,398 48,136 HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles § 2018 Estimate $200,000 or More 2.02% 2.39% 3.17% $150,000 - $199,999 2.51% 4.15% 5.10% $100,000 - $149,000 10.44% 13.37% 16.39% $75,000 - $99,999 11.70% 15.38% 16.22% $50,000 - $74,999 19.21% 20.35% 20.53% $35,000 - $49,999 17.92% 15.20% 13.88% $25,000 - $34,999 12.14% 9.87% 8.43% $15,000 - $24,999 11.65% 9.78% 8.16% Under $15,000 13.78% 11.52% 10.83% Average Household Income $61,293 $71,268 $79,134 Median Household Income $46,608 $56,866 $64,025 Per Capita Income $17,530 $19,077 $21,986

33 PROPERTY23470 OLIVEWOOD NAME PLAZA DR

MARKETINGDEMOGRAPHICS TEAM Created on September 2019

POPULATION BY 1 Miles 3 Miles 5 Miles TRANSPORTATION TO WORK § 2018 Estimate Total Population Bicycle 0.30% 0.19% 0.45% Bus or Trolley Bus 1.61% 1.34% 1.21% Carpooled 13.37% 14.01% 12.96% Drove Alone 77.53% 78.34% 77.63% Ferryboat 0.00% 0.00% 0.00% Motorcycle 0.19% 0.35% 0.40% Other Means 2.30% 1.51% 1.20% Railroad 0.40% 0.46% 0.48% Streetcar or Trolley Car 0.14% 0.09% 0.05% Subway or Elevated 0.11% 0.02% 0.04% Taxicab 0.00% 0.00% 0.00% Walked 2.34% 1.26% 2.15% Worked at Home 1.71% 2.43% 3.44% POPULATION BY TRAVEL TIME 1 Miles 3 Miles 5 Miles TO WORK § 2018 Estimate Total Population Under 15 Minutes 22.84% 19.03% 18.47% 15 - 29 Minutes 31.17% 28.94% 30.19% 30 - 59 Minutes 25.92% 28.55% 27.30% 60 - 89 Minutes 7.86% 9.88% 9.78% 90 or More Minutes 5.79% 6.73% 6.51% Worked at Home 1.71% 2.43% 3.44% Average Travel Time in Minutes 33 36 36

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MARKETINGDEMOGRAPHICS TEAM

Population Race and Ethnicity In 2018, the population in your selected geography is 26,976. The The current year racial makeup of your selected area is as follows: population has changed by 16.98% since 2000. It is estimated that the 36.96% White, 19.57% Black, 0.60% Native American and 4.62% population in your area will be 27,946.00 five years from now, which Asian/Pacific Islander. Compare these to US averages which are: represents a change of 3.60% from the current year. The current 70.20% White, 12.89% Black, 0.19% Native American and 5.59% population is 48.04% male and 51.96% female. The median age of the Asian/Pacific Islander. People of Hispanic origin are counted population in your area is 29.00, compare this to the US average independently of race. which is 37.95. The population density in your area is 8,585.63 people per square mile. People of Hispanic origin make up 60.17% of the current year population in your selected area. Compare this to the US average of 18.01%.

Households Housing There are currently 7,685 households in your selected geography. The The median housing value in your area was $184,084 in 2018, number of households has changed by 12.12% since 2000. It is compare this to the US average of $201,842. In 2000, there were estimated that the number of households in your area will be 8,208 3,666 owner occupied housing units in your area and there were 3,188 five years from now, which represents a change of 6.81% from the renter occupied housing units in your area. The median rent at the current year. The average household size in your area is 3.44 time was $600. persons.

Income Employment In 2018, the median household income for your selected geography is In 2018, there are 4,863 employees in your selected area, this is also $46,608, compare this to the US average which is currently $58,754. known as the daytime population. The 2000 Census revealed that The median household income for your area has changed by 18.79% 54.98% of employees are employed in white-collar occupations in this since 2000. It is estimated that the median household income in your geography, and 44.98% are employed in blue-collar occupations. In area will be $50,996 five years from now, which represents a change 2018, unemployment in this area is 6.67%. In 2000, the average time of 9.41% from the current year. traveled to work was 33.00 minutes.

The current year per capita income in your area is $17,530, compare this to the US average, which is $32,356. The current year average household income in your area is $61,293, compare this to the US average which is $84,609.

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8 DEMOGRAPHICS

36 PRESENTED BY

Bruce Haulley Associate Palm Springs Office Tel: (909) 456-3400 Fax: (909) 456-3410 [email protected] License: CA 01239289