INDUSTRIAL LAND OPPORTUNITY 300 GROSS ACRES 110 NET ACRES at Lake Elsinore Introduction

Alberhill Alberhill Alberhill Grand Avenue Village Ridge Coldwell Banker Commercial So Cal Group has been exclusively retained by ownershipEstates to market this 300 gross acre development opportunity with 110 net acres in Lake Elsinore, California.Alberhill The property is conveniently located on Mission Ranch Terra Cotta Trail with immediate access to the I-15 Street freeway allowingLakeshore two turns Drive per day to the PortVillage of Long Beach. The site is part of Riverside Drive the Lake Elsinore Specific Plan Overlay,Lake offering a rare opportunity for developers and investors to develop an industrial business park.

CANYON LAKE

Lakeshore Drive LAKE ELSINORE

Mission Trail

Cereal Street PROPERTY OVERVIEW PROPERTY

Bundy Canyon Road

Corydon Road n Railroad Canyo E L akesh ore Drive

Mission The Links at Summerly

T rail

Cereal Street

Grand Lemon Street Avenue

Waite Street

Bundy Canyon

Corydon Road

Industrial Land | Lake Elsinore | California | 92530 3 PROPERTY OVERVIEW 6 5 7 4 2 3 1 Property Description

Project Location Lake Elsinore, California

Size 300 Gross Acres / 110 Net Acres

Specific Plan East Lake Specific Plan

Condition Vacant, partially improved land

Assessor’s Parcel No. 1. 365-030-043 - 9.90 Acres 2. 370-030-012 - 93.13 Acres 3. 370-030-006 - 67.61 Acres 4. 370-030-004 - 12.39 Acres 5. 370-070-001 - 38.18 Acres 6. 370-070-006 - 40.00 Acres 7. 370-120-001 - 38.18 Acres

Pricing $14,000,000 Price/Acre Gross $46,666.67

Price/Acre Net $127,272.73

PSF Gross $1.07

PSF Net $2.92

Zoning Light Industrial Overlay- 2017 Eastlake Specific Plan Boundary PROPERTY OVERVIEW

1 Grand Avenue Grand 3 4

2 Palomar Street Palomar

Corydon Road 9

5 Mission Trail Mission 6 7

Bundy Canyon Road Mission Trail Business & Industry

1 Lakeland Village 4 William Collier Elementary 7 Aerofoam Industries 2 Elsinore Distribution 5 Skydive Elsinore 8 Wildomar Storage & RV 3 Small Strip Center 6 Lakeside Storage 9 Shopping Center

Grocery & Shopping

8

Corydon Road Bundy Canyon Road Gas Stations & Convenience

Grand Avenue Palomar Street Restaurants & Fast Food

Industrial Land | Lake Elsinore | California | 92530 7 oad

yon R

d Can Railroa

2

Mission 3 Trail To Los Angeles/Orange County

Bundy Canyon Road Lakeshore Drive 5

PROPERTY OVERVIEW PROPERTY 6

Corydon Road

4 1

7 Business & Industry

1 The Shores at East Lake

2 Highway 74 / Central Avenue Business Park Corridor

3 Lake Elsinore Storm Baseball

4 Links at Summerly

5 Summerly

6 Corydon Business Park

7 New Residential Development

To San Diego

Bundy Canyon Road

Corydon Road

Industrial Land | Lake Elsinore | California | 92530 9 PROPERTY OVERVIEW not neededforinitial Included, butdirt rough grade Lake Elsinore is part of the East Lake Specific Plan allowing for light industrial totaling 300 acres with a 110 acre industrial building pad.

Industrial Land | Lake Elsinore | California | 92530 11 SITE PLAN

FUTURE DETENTION EASEMENT

BASIN

30' 40' 10' 60'

120' 40' 60' FUTURE ROAD

40'

40' 135'

75'

60' 60' OFFICE OFFICE

1712' FOOTPRINT: 999,840SF

44' 56' 44' CLR. HGT:36'

TYP BLDG 2 690' 26' 570' 26' 40' TYP. TYP. CEREAL ST. 60' OFFICE OFFICE 135' 75' 40' 40' 60' WATER INLET 30' 60' 40' 40' 40' 135' 75' FUTURE ROAD TO MISSION TRAIL 60' OFFICE OFFICE

1156' FOOTPRINT: 672,806SF CLR. HGT:36'

BLDG 1 26' 75' 60' 60' 75' 60' 38' 54' 38' TYP.

TYP. 120' scheme: 3 690' 40' 26' 570'

TYP. EASEMENT

10' 60' OFFICE 40' 135' 75' 40' 30' 60'

FLOOD CHANNEL MISSION TRAIL MISSION EXISTING Conceptual Site Plan Lake Elsinore, California Cereal St. merely toassistinexploringhowtheprojectmightbedeveloped. incomplete siteand/orbuildinginformation,andisintended entitlement requirementsandonunverifiedpossibly This conceptualdesignisbaseduponapreliminaryreviewof 1" =100 0 50 100 200 IRV18-0171-00 09.27.2018 500 SHEET NORTH 1 EASEMENT 10' 40'

EASEMENT10'

40' FUTURE ROAD

MISSION TRAIL 40'

WATER INLET 26' TYP.

FUTURE ROAD TO MISSION TRAIL 44' 40' 40' OFFICE OFFICE 60' 75' 60' 120' 60' 75' 40' 26' TYP. 38' 40' OFFICE

40' BLDG 2 EXISTING FOOTPRINT: 999,840 SF FLOOD CHANNEL 1712' CLR. HGT: 36'

BLDG 1

1156' FOOTPRINT: 672,806 SF CLR. HGT: 36' 40' 120' 135' 135' 135' 135'

60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 56' TYP 54'

TYP. 570' 570'

OFFICE

OFFICE OFFICE 690' 690' OFFICE 44'

38' BASIN

40' 40' 40' 40' FUTURE DETENTION 26' 26'

TYP. TYP.

30' 30' 30' This conceptual design is based upon a preliminary review of 1" =100 entitlement requirements and on unverified and possibly incomplete site and/or building information, and is intended merely to assist in exploring how the project might be developed. CEREAL ST. 0 50 100 200 500 NORTH scheme: 3 Conceptual Site Plan

SHEET Cereal St. IRV18-0171-00 Lake Elsinore, California 09.27.2018 1 Industrial Land | Lake Elsinore | California | 92530 13 SITE PHOTOS Industrial Land | Lake Elsinore | California | 92530 15 LOCATION OVERVIEW PACIFIC OCEAN ORANE CONT Irvine Capistrano 60 Minute San Juan Drive Mission Viejo 20 Minute Corona Drive Riverside Lake Elsinore Temecula 25 Minute Perris Drive Riverside

Corona 20 Minute Drive

Perris

Irvine

Lake Elsinore

Mission Viejo ORANE CONT

San Juan Capistrano 60 Minute Drive Temecula 25 Minute PACIFIC OCEAN Drive

Industrial Land | Lake Elsinore | California | 92530 17 LOCATION OVERVIEW Inland Empire Area is California’s 2nd and the nation’s 12th most populous Statistical Metropolitan Primary Bernardino Riverside-San the fact, In routes. transportation multiple and efficient with prices coupled lowers housing quality oflifeand relatively Inland Empire for reasons such as affordable land, excellent workforcehasbeenmigrating tothe Southern California five years bringing the current population to 4.4 million. The peopleinthepast Empire hasaddedoverhalfamillion for extreme growth. Empire ispoised The Inland The Inland development. commercial and industrial, to moreresidential, has led housing, affordable of search in migrating families by fed population, growing rapidly a 1970s the century,since and dairy, and wine-making. Agriculture declinedthroughthe20th Empire wasa major center ofcitrus, agriculture, including Riverside County. At in the end of the 19th century, the Inland located is population area’s County andnorthwestern southwestern SanBernardino the of Most million.[3] 4 of approximately has apopulation km2) and (70,000 miles Ontario metropolitan area covers more than 27,000 square The U.S. Census Bureau-defined Riverside-San Bernardino- south. the to Country Temecula’sand Wine Ontario Cucamonga, over 50 cities, including Riverside, San Bernardino, Rancho Springs CA,andotherdesertcities.InlandEmpirecontains coastal Itis areas of Orange County,decade. Los Angeles, and last the Palm the over tobetheareabetweensouthern considered generally absorption space office and and jobcreationtoconstruction of growthfrompopulation the United in economies significant States. It has beenratedinthetoptierforvariousmeasures most the of one is comprised of both Riverside and San Bernardino Counties, Empire, the Inland California, of Southern The largestregion • • include: growth of sustained economic the Inland Empire. These to the tocontribute many factorsthatcontinue There are prefer toliveandworkinthesamecommunity.who would population growing the and infrastructure its from benefits success. for continued demand, theareaispoised The area land supplyaswellsteadyabsorptionand diminishing areas inthecountry,the largestandmostdynamic with region. to beoneof Empiremarketcontinues The Inland great place live,workorvisit. a County Riverside make history, frontier and heritage Bob HopeClassic. All those, with a joined rich, cultural as the formerly known the golftournament Challenge, Open at the Indian Wells Tennis Center and the Humana the Paribas mega-concerts, Stagecoach and Coachella FilmFestival,the International Festival, thePalmSprings and Wine Date Festival,the Balloon Fair andNational County Riverside the attend winter, desert glorious the Each year, visit millions the county to take advantage of of thePacificOcean. sporting activities, all within an drive hour’s to the shores mountains, lakes, deserts, and amplerecreation impeccable featuring regions, unique most America’sof people. excess of1million one is also Empire The Inland productivity,technological emerging and employsan with landscape economic The areafeaturesachanging seven researchinstitutions. and universities,including transportation infrastructure,andaccessto 27 colleges work force,asophisticated and educated highly-skilled for futuregrowth, a land of available vast amounts The Inland Empire offers a strategic West Coast location, Riverside County

Riverside County is one of the fastest growing counties in the United Demographics States, leading the rapidly changing Inland Empire market, with rivers, mountain peaks, deserts and fertile valleys, Riverside County offers Census 2010 Summary diversity that few locations can match. More than two million people Population 2,189,641 Households 686,260 live in Riverside County, making it the fourth most populous county in Median Age 33.7 California, taking advantage of affordable housing, nearby beaches, 2015 Summary mountains, hiking and bike trails, the Wine Country near Temecula Population 2,302,403 and resorts that offer oases in the desert. Riverside County covers Households 716,787 7,208 square miles in Southern California. Together, Riverside and Median Age 34.2 San Bernardino Counties have been dubbed the Inland Empire. Median Household Income $54,991 Average Household Income $75,849 California’s fourth largest county by population is expanding its 2020 Summary economy, working to diversify beyond the housing industry that has Population 2,435,985 driven the region’s economy for years. Households 754,636 Median Age 34.8 Median Household Income $63,928 Centrally located in the heart of Southern California; Riverside County Average Household Income $86,865 borders San Bernardino, Orange and San Diego Counties. Interstate Trends: 2015 - 2020 Annual Rate 10 runs through the entire County from east to west, and Interstates Population 1.13% 15 and 215 connect Riverside County with San Diego County and Households 1.03% San Bernardino County. Highway 60 and 91 link Riverside County to Median Household Income 3.06% Los Angeles and Orange Counties. Attractive to many businesses, rail service connects Riverside County businesses with important markets, ports of entry, and key airports to expedite major national and international commerce transactions. Metrolink provides a large number of commuters from Riverside to Los Angeles, Orange and San Bernardino Counties In addition, Riverside County is presently served by 3 airports including the rapidly expanding Ontario international Airport: Palm Springs International Airport and San Bernardino International Airport.

Industrial Land | Lake Elsinore | California | 92530 19 Lake Elsinore

California’s third fastest growing city; located 15 miles Northwest of Temecula and 20 miles South of Riverside. The City is popular with residents due to the variety of recreational activities and the year-round mild climate which lies in the Southwestern section of Riverside County. Closely bordering Orange and Los Angeles county, the community includes a large number of upper middle- class professionals and provides the allure and charm of the 1920’s with the restored downtown features of vintage street lamps and attractive window canopies.

Lake Elsinore’s most popular and prominent outdoor activities include boating, water skiing, wind surfing, fishing, swimming and other activities on the beach. The lake offers beautiful campgrounds and it’s a short drive to the scenic Cleveland National Forest. The Elsinore Valley is popular with skydiving enthusiasts due to the well- known thermal winds. Excellent opportunities for hiking, bicycle riding and bird watching are available. The Trabuco Canyon Trail and the Chiquito Trail are popular with outdoor enthusiasts. LOCATION OVERVIEW LOCATION Lake Elsinore Diamond or “Storm Stadium” serves as the site for the Single A minor league baseball team Lake Elsinore Storm. As part of the California league, a farm team for the Major League San Diego Padres, fans of all ages enjoy baseball at the professional level. The Stadium is also host to boxing matches, concerts, local high school graduations and the annual “Field of Screams” event during Halloween with an impressive seating capacity of up to 14,000.

Wildomar, incorporated in 2008, neighbors Lake Elsinore. The population of Wildomar has surpassed 32,000, an increase from 14,064 at the 2000 census, when the community was still an unincorporated census-designated place. Industrial Land | Lake Elsinore | California | 92530 21 FOR MORE INFORMATION CONTACT:

BRANDON SUDWEEKS DIRECT (951) 297-7425 CELL (951) 442-3763 E-MAIL [email protected] CALBRE 01435174

CHRIS YEAKEY DIRECT (619) 344-0869 CELL (619) 609-7576 BRANDON SUDWEEKS ANDY FARRA CHRIS YEAKEY E-MAIL [email protected] (951) 297-7425 DIRECT (619) 344-0872 DIRECT (619) 344-0869 CELL (951) 442-3763 CELL (951) 331-5027 CELL (619) 609-7576 E-MAIL [email protected] E-MAIL [email protected] E-MAIL [email protected] CALBRE 01435174 CALBRE 02013800

San Diego Temecula Redlands Ontario 404 Camino Del Rio South 27720 Jefferson Avenue 1200 California Street 3200 Guasti Road Suite 510 Suite 100B Suite 130 Suite 57 San Diego, CA 92107 Temecula, CA 92590 Redlands, CA 92374 Ontario, CA 91761 (858) 300-6777 (951) 200-7683 (909) 980-6868 (909) 980-6868 CBCSOCALGROUP.COM