10.94 Acres of Commercial Or Senior Care Land 943 E

10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

OCEANSIDE HARBOR • Highly Visible Highway 78 Frontage (159,000 CPD) MCCLELAN-PALOMAR • Zoned Commercial Mixed Use (MU-3) AIRPORT W • Professional Office, Medical, Assisted Living & Commercial Uses Permitted OCEANSIDE DMV OFFICE PALOMAR ASKING PRICE: $10,000,000 CARLSBAD COLLEGE

VISTA SAN MARCOS LIBRARY TWIN OAKS VALLEY SAN MARCOS GOLF COURSE TWIN OAKS VALLEY RD

CALIFORNIA STATE UNIVERSITY OF SAN DIEGO SAN MARCOS COUNTY RECORDER/ ASSESSOR/COURT HOUSE MISSION HILLS HIGH SCHOOL

Subject Property

MISSION RD

SAN MARCOS FIRE DEPARTMENT #3

BARHAM DR WOODLAND PKWY

SELF STORAGE

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

PAGE CONTENT

3 AREA SUMMARY

4 EXECUTIVE SUMMARY

6 LOCATION MAP

7 AERIALS

12 PROPERTY PHOTOS

13 CONCEPTUAL SENIOR CARE SITE PLAN

14 PLAT MAP

15 DEMOGRAPHICS

16 OFFERING GUIDELINES

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice.

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 2 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

The City of San Marcos is located along Highway 78 between the cities of Vista, Carlsbad, and Escondido in North San Diego County. Home to nearly 87,000 residents, San Marcos has become a desirable place to live due to its abundance of jobs, upscale retail, educational facilities, surrounding amenities, and its efficient transit location. In the foregoing cities, this 10+ acre property is one of the very few remaining developable sites in North San Diego County.

From miles of trails in the local hills, to unique dining and shopping opportunities in its retail centers, San Marcos has all the ingredients and components that help create a successful and enjoyable lifestyle. Just a 35-minute drive south takes you to downtown San Diego,

AREA SUMMARY AREA while a short trip west across north county takes you to the majestic shores of the Pacific Ocean.

Home to Palomar College, California State University San Marcos, Coleman University, and the University of St. Augustine; San Marcos has also become the heart of education in North San Diego County.

A dedication to parks and community services is another priority for the City of San Marcos. In addition to its rich recreational and cultural programs for children, teens, adults and seniors, the City has also finished and opened the 4.7-acre recreational Connors Park– bringing the total number of parks in San Marcos to 17 major parks and 18 mini parks.

Quality centers like Creekside Marketplace, Nordahl Center, Grand Plaza and Old California Restaurant Row have all become popular shopping and dining destinations, and plans for thoughtful future developments like the San Marcos Downtown Creek District, Palomar Station and University Village will soon put San Marcos on the map as a regional shopping, dining and entertainment destination. A regional shopping mall, Westfield’s North County Fair, is less than 15 minutes away.

Community theatre, music and fine arts organizations are also alive and well in San Marcos. The City’s own “Theatre West” group presents outstanding community theatre production, while the California Center for the Arts in Escondido and the Performing Arts Center at Palomar College both bring entertainment of high acclaim to the local area.

Source: City of San Marcos

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 3 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

LOCATION: The subject property is located at 943 Barham Drive in the City of San Marcos, County of San Diego, CA. Positioned on one of North San Diego County’s major freeways, this property retains significant freeway visibility and is within quick proximity to local hospitals, retail, parks, and other recreational areas. The site is located approximately 1 ½ miles west of Palomar Medical Center, one of the nation’s largest hospitals consisting of 740,000 SF allocated over 288 single patient rooms, 44 emergency and trauma rooms, and 11 operating rooms. EXECUTIVE SUMMARY EXECUTIVE JURISDICTION: City of San Marcos APN: 228-310-01 ACREAGE: 10.94 Acres TOPOGRAPHY: Gently Rolling ZONING: MU-3 (Mixed Use 3 Zone) GENERAL PLAN: MU-3 DOCUMENT LINKS: MIN LOT SIZE: 2,500 SF ZONING ORDINANCE TRAFFIC COUNTS: 159,000 CPD (@ Highway 78) SITE ELEVATIONS MIN-MAX BLDG PRELIMINARY IMPROVEMENT PLANS HEIGHT RANGE: 2 Stories or 25 feet - 4 Stories or 54 feet OFFSITE SEWER PLAN MIN-MAX FAR PRELIMINARY APPLICATION (IM 12-0009) RANGE: 1.0 - 1.5 RESPONSE FROM CITY DATED 09/05/2013 SERVICES: Water/Sewer Vallecitos Water District Gas/Electric San Diego Gas & Electric FIRST AMERICAN TITLE REPORT Fire San Marcos Fire Dept. ADDITONAL PROJECT PLANS Police San Diego County Sheriff’s Dept. ASKING PRICE: $10,000,000

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 4 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

POTENTIAL USE: Assessor Parcel No. (APN: 228-310-01) future development shall be restricted to the Mixed Use 3 land use designation. The following uses include: retail, commercial services, administrative & office uses, institutional & governmental uses, business support & financial uses, restaurants, skilled nursing and health care facilities. MU3 does not allow residential uses. A Specific Plan is required for development. EXECUTIVE SUMMARY EXECUTIVE

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 5 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

OCEANSIDE VISTA

CARLSBAD SAN MARCOS

PALOMAR ESCONDIDO AIRPORT SUBJECT

LOCATION MAP LOCATION PROPERTY ENCINITAS RAMONA SOLANA BEACH

POWAY DEL MAR

MISSION HILLS HIGH SCHOOL ROCK SPRINGS RD LA JOLLA SANTEE MISSION RD

SAN DIEGO

NORDAHL RD POINT LOMA SUBJECT PROPERTY N CHULA VISTA BARHAM DR

AUTO PARK WY

CALIFORNIA STATE LA MOREE RD

TWIN OAKS VALLEY RD UNIVERSITY SAN MARCOS

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 6 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

N VISTA AERIALS TWIN OAKS VALLEY GOLF COURSE

TWIN OAKS VALLEY RD HOLLANDIA PARK MISSION HILLS SAN MARCOS HIGH SCHOOL SPRINTER STATION SAN MARCOS FIRE DEPARTMENT #3

WOODLAND PKWY SELF STORAGE BARHAM DR

E DGEWATE R DR SAN MARCOS SUBJECT PROPERTY TRAILS AT JACK’S POND LA MOREE RD

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 7 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

E AERIALS

KNOB HILL ELEMENTARY ESCONDIDO SCHOOL WOODLAND PARK

WOODLAND PARK MIDDLE SCHOOL

SELF STORAGE

E. MISSION RD

WOODLAND PKWY

SUBJECT PROPERTY BARHAM DR

SADD LEBA CK W AY

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 8 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

WESTFIELD NORTH COUNTY FAIR MALL SE ROCK SPRINGS ESCONDIDO PALOMAR ELEMENTARY MEDICAL CENTER

AERIALS SCHOOL

KNOB HILL ELEMENTARY SCHOOL

E. MISSION RD BARHAM DR

SELF STORAGE

SUBJECT PROPERTY

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 9 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

DMV OFFICE W CALIFORNIA STATE CARLSBAD UNIVERSITY OF

AERIALS SAN MARCOS SAN MARCOS LIBRARY TWIN OAKS VALLEY RD

SAN MARCOS SPRINTER STATION

SUBJECT PROPERTY BARHAM DR

LA MOREE RD

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 10 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

E S DGE WAT ER D AERIALS R

SA D D L EB A C K W A Y

SUBJECT PROPERTY

BARHAM DR

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 11 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA PROPERTY PHOTOS PROPERTY

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 12 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA CONCEPTUAL SENIOR CARE SITE PLAN SITE CARE SENIOR CONCEPTUAL

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 13 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND Tax Map 943 Barham Dr, San Marcos, CA 943 E. BARHAM DRIVE - SAN MARCOS, CA PLAT MAPPLAT

Tax Map 943 Barham Dr, San Marcos, CA 9/1/2015 Page 1 (of 10)

This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party property information accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2015 First American Financial Corporation and/or its affiliates. All rights reserved. 10.94 ACRESSUMMARY OF PROFILE COMMERCIAL OR SENIOR CARE LAND 2000-2010 Census, 2019 Estimates with 2024 Projections Calculated using943 Weighted E. Block BARHAM Centroid from Block Groups DRIVE - SAN MARCOS, CA

Lat/Lon: 33.1361/-117.139 RS1 943 E Barham Dr 1 mi radius 3 mi radius 5 mi radius San Marcos, CA 92078

2019 Estimated Population 0 T 11,777 96,122 243,408 2024 Projected Population 0 T 12,065 98,531 249,711 2010 Census Population 0 T 9,586 84,279 219,372 2000 Census Population 0 T 7,756 69,430 185,063

Projected Annual Growth 2019 to 2024 - 0.5% 0.5% 0.5%

POPULATION Historical Annual Growth 2000 to 2019 - 2.7% 2.0% 1.7%

2019 Median Age 34.9 35.5 35.3

2019 Estimated Households 0 T 4,056 33,106 78,518 DEMOGRAPHICS 2024 Projected Households 0 T 4,220 34,447 81,662 2010 Census Households 0 T 3,320 28,991 70,627 2000 Census Households 0 T 2,762 24,591 61,195

Projected Annual Growth 2019 to 2024 - 0.8% 0.8% 0.8% HOUSEHOLDS Historical Annual Growth 2000 to 2019 - 2.5% 1.8% 1.5%

2019 Estimated White - 65.0% 61.8% 59.5% 2019 Estimated Black or African American - 4.0% 3.4% 2.9% 2019 Estimated Asian or Pacific Islander - 10.3% 10.0% 8.6% 2019 Estimated American Indian or Native Alaskan - 0.9% 0.8% 0.9% - 19.8% 24.0% 28.1%

RACE AND RACE ETHNICITY 2019 Estimated Other Races

2019 Estimated Hispanic - 29.9% 38.0% 45.1%

2019 Estimated Average Household Income $0 T $89,214 $86,487 $90,456 2019 Estimated Median Household Income $0 T $79,998 $75,834 $77,194

INCOME 2019 Estimated Per Capita Income $0 T $30,815 $29,940 $29,300

2019 Estimated Elementary (Grade Level 0 to 8) - 4.3% 9.3% 11.8% 2019 Estimated Some High School (Grade Level 9 to 11) - 6.7% 6.6% 7.1% 2019 Estimated High School Graduate - 18.2% 20.4% 21.3% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This 2019 Estimated Some College - 20.8% 22.5% 22.1% 2019 Estimated Associates Degree Only - 15.8% 10.6% 9.2% (AGE 25+) EDUCATION 2019 Estimated Bachelors Degree Only - 24.5% 20.9% 19.2% 2019 Estimated Graduate Degree - 9.7% 9.6% 9.3%

2019 Estimated Total Businesses 0 T 686 5,090 11,095 2019 Estimated Total Employees 0 T 7,116 49,452 103,350 2019 Estimated Employee Population per Business - 10.4 9.7 9.3

BUSINESS 2019 Estimated Residential Population per Business - 17.2 18.9 21.9

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 15 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

Offers Due: Close of Escrow: Submit Offers in Writing Please identify in your offer whether the close of escrow shall occur on or Patrick Miller / Al Apuzzo before 30 days after expiration of feasibility, entitlement approvals, or other c/o Lee & Associates benchmark. 1900 Wright Place, Suite 200 Carlsad, CA 92008 Offer Details: Phone: 760.929.9700 Please submit offer in the form of a Letter of Intent. Bids should identify OFFERING GUIDELINES OFFERING Email: [email protected] / [email protected] the proposed buyer, its principals and/or material aspects of its corporate Purchase Price: organization. Buyer’s submission should include information regarding buyer’s $10,000,000 relevant experience and financial wherewithal, and its intended equity and debt sources for consummating the transaction. Feasibility Period: Buyer shall have a feasibility period in which to investigate all aspects of the “As-Is” Sale: No Representations & Warranties: property, including the physical condition of the property. The feasibility period The property is being sold “as-is” with no representations or warranties from shall begin upon the execution of the purchase contract. Expected feasibility to either the seller or its affiliates. The information provided is intended to help a be 45-60 days. buyer develop an offer to purchase the property, but the buyer must not rely on anything other than its own due diligence. Initial Deposit: Expected initial deposit shall be approximately $250,000. Seller expressly reserves 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. Additional Deposit(s): Additional deposits are expected at the expiration of feasibility and quarterly there after if an extended close.

PATRICK MILLER, CCIM AL APUZZO 760.929.9700 760.448.2442 [email protected] [email protected] CAL BRE LIC# 00296599 CAL BRE LIC #01323215 Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 16 10.94 ACRES OF COMMERCIAL OR SENIOR CARE LAND 943 E. BARHAM DRIVE - SAN MARCOS, CA

For More Information, Please Contact:

PATRICK MILLER, CCIM 760.929.9700 [email protected] CA Lic#00296599

AL APUZZO 760.448.2442 [email protected] CA Lic#01323215

Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com 17