3.74 AC INDUSTRIAL LAND, AZUSA 505 W FOOTHILL BLVD, AZUSA, CA ±0.4 MILES from AZUSA METRO STATION Capital Markets | Investment Properties N Mckeever Ave

:: INFORMATION PACKAGE FOR SALE | ±3.74 AC INDUSTRIAL LAND, AZUSA 505 W FOOTHILL BLVD, AZUSA, CA ±0.4 MILES FROM AZUSA METRO STATION Capital Markets | Investment Properties N McKeever Ave

505 W FOOTHILL BLVD.

N Orange Ave

Historic Rte 66

W Foothill Blvd

Presented by: :: Ron Mgrublian :: Edward Matevosian Lic. 01902882 Lic. 01358783 +1 562 968 1171 + 1 818 502 6744 [email protected] [email protected] 505 W FOOTHILL BLVD, AZUSA, CA | Affiliated Business Disclosure and Confidentiality Agreement

CBRE, Inc. operates within a global family of companies Property (the “Owner”), to be all-inclusive or to contain with any entity at any time with or without notice which with many subsidiaries and/or related entities (each an all or part of the information which prospective investors may arise as a result of review of this Memorandum. The “Affiliate”) engaging in a broad range of commercial real may require to evaluate a purchase of real property. Owner shall have no legal commitment or obligation to any estate businesses including, but not limited to, brokerage All financial projections and information are provided entity reviewing this Memorandum or making an offer to services, property and facilities management, valuation, for general reference purposes only and are based on purchase the Property unless and until written agreement(s) investment fund management and development. At times assumptions relating to the general economy, market for the purchase of the Property have been fully executed, different Affiliates may represent various clients with conditions, competition and other factors beyond the control delivered and approved by the Owner and any conditions competing interests in the same transaction. For example, of the Owner and CBRE, Inc. Therefore, all projections, to the Owner’s obligations therein have been satisfied or this Memorandum may be received by our Affiliates, assumptions and other information provided and made waived. including CBRE Investors, Inc. or Trammell Crow Company. herein are subject to material variation. All references to Those, or other, Affiliates may express an interest in the acreages, square footages, and other measurements are By receipt of this Memorandum, you agree that this property described in this Memorandum (the “Property”) approximations. Additional information and an opportunity Memorandum and its contents are of a confidential nature, may submit an offer to purchase the Property and may to inspect the Property will be made available to interested that you will hold and treat it in the strictest confidence be the successful bidder for the Property. You hereby and qualified prospective purchasers. In this Memorandum, and that you will not disclose this Memorandum or any acknowledge that possibility and agree that neither CBRE, certain documents, including leases and other materials, of its contents to any other entity without the prior written Inc. nor any involved Affiliate will have any obligation to are described in summary form. These summaries do not authorization of the Owner or CBRE, Inc. You also agree disclose to you the involvement of any Affiliate in the sale or purport to be complete nor necessarily accurate descriptions that you will not use this Memorandum or any of its contents purchase of the Property. In all instances, however, CBRE, of the full agreements referenced. Interested parties are in any manner detrimental to the interest of the Owner or Inc. will act in the best interest of the client(s) it represents expected to review all such summaries and other documents CBRE, Inc. in the transaction described in this Memorandum and will of whatever nature independently and not rely on the If after reviewing this Memorandum, you have no further not act in concert with or otherwise conduct its business in contents of this Memorandum in any manner. interest in purchasing the Property, kindly return this a way that benefits any Affiliate to the detriment of any Memorandum to CBRE, Inc. other offeror or prospective offeror, but rather will conduct Neither the Owner or CBRE, Inc, nor any of their respective its business in a manner consistent with the law and any directors, officers, Affiliates or representatives make any fiduciary duties owed to the client(s) it represents in the representation or warranty, expressed or implied, as to the transaction described in this Memorandum. accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise This is a confidential Memorandum intended solely for your by reason of your receipt of this Memorandum or use of its limited use and benefit in determining whether you desire contents; and you are to rely solely on your investigations to express further interest in the acquisition of the Property. and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, This Memorandum contains selected information pertaining to reject any or all expressions of interest or offers to to the Property and does not purport to be a representation purchase the Property, and/or to terminate discussions of the state of affairs of the Property or the owner of the

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. 505 W FOOTHILL BLVD.

OFFERING SUMMARY OFFERING SUMMARY CBRE is pleased to present for sale 505 W Foothill Boulevard in Azusa. Address/APN Land Sq. Ft. Building Sq. Ft. Year Built This property is ±3.74 AC and is zoned as “West End Light Industrial”. 505 W Foothill Blvd ±3.74 AC ±41,370 1947 APN 8605-003-059 Property Address: 505 W Foothill Blvd, Azusa, CA 91702 Assessor Parcel Numbers: 8605-003-059 Per Realquest Title Reports Offering Price: $7,000,000 Current Property Use: Industrial Land Area: ±3.74 AC Ownership: Fee Simple Zoning: West End Light Industrial

3 PROPERTY HIGHLIGHTS 505 W Foothill Boulevard • Affluent trade area

• Rare opportunity to own a site adjacent to the Metro tracks and about ±0.4 miles from the Azusa Metro Station

• Parcel size: ±3.74 AC

• Zoning: West End Light Industrial

• Busy traffic corridor

• Flat, developable land parcel

• Parcel near many traffic generators: excellent ingress and egress from both streets

4 PARCEL MAP

5 SITE PLAN Long Term Storage

50 Ft. 150 Ft. 206 Ft.

Storage Rocks

405 Ft. OPEN METAL WAREHOUSE WELDSHOP #4 20,250 Sq. Ft. 220 Ft.

512 Ft.

85 Ft. Tool Repair Parking Lot

148 Ft. 6,500 Sq. Ft. METAL SHOP METAL Feul BLOCK WAREHOUSE #3 WAREHOUSE Tank 2,340 Sq. Ft. 13 Ft. BUILDING #5 Tooling Storage

Concrete 125 Ft. Light Blocks METAL SHED Poles Conex 37 Ft. 350 Ft. Truck 47 Ft. Trailer Parking 548 Ft. Office WAREHOUSE Storage 40 Ft. 165 Ft. 47 Ft. 100 Ft. 210 Ft. 363 Ft. Conex OFFICES #2 14,500 Sq. Ft.

Additional Parking Storage

METAL WAREHOUSE METAL 92 Ft. 147 Ft. Conex Storage

Equipment Swing Gate Parking Parking Lot Parking

RollingGate

6 ADJACENT TO METRO GOLD LINE

505 W Foothill Boulevard

7 AERIAL MAP

505 W FOOTHILL BLVD.

8 AERIAL

505 W Foothill Boulevard

AZUSA METRO STATION

210

9 LOCAL MAP

505 W Foothill Boulevard

210

10 REGIONAL MAP

505 W Foothill Boulevard

11 ZONING

505 W Foothill Boulevard

12 AZUSA OVERVIEW

The Business Friendly City

A new Azusa is emerging. The City is revitalizing the community by offering new choices for living, working and exploring. The City understands that providing the highest quality of life is a means of achieving positive economic development benefits. An ombudsman also provides one-on-one assistance to businesses. Nestled at the foot of the San Gabriel Mountains National Monument and with access to a reliable source of water, affordable electric rates and a sustainable infrastructure featuring two light rail Foothill Gold Line Stations, Azusa is prepared to be the ideal destination for residents, businesses and explorers.

MAJOR EMPLOYERS

azusa block 36: a new mixed-use development

azusa block 36 concept plan | design by wha

13 AZUSA OVERVIEW

THE METRO GOLD LINE

The city of Azusa is home to two Gold Line stations as part of the Foothill Gold The Azusa Downtown station is located east of Azusa Avenue, and consists of Line from Pasadena to Azusa, completed on time and on budget on September side platforms with the track in the middle. As part of the project, Alameda Avenue 23, 2015 and turned over to Metro. Downtown Azusa is one of the two stations was permanently closed to accommodate the new platforms. The next Gold Line in Azusa, located in the heart of the city’s downtown. The second Gold Line construction phase will continue the line for 12 miles east from Downtown Azusa station is located on the eastern border of the city near Azusa Pacific University is one of the two stations in Azusa, located in the heart of the city’s downtown. and Citrus College (APU/Citrus College Station). Passenger service began on The second Gold Line station is located Azusa to Montclair and eventually the March 5, 2016. plan is to extend it to Ontario Airport (all construction subject to funding).

Approximately 12 million annual boardings. (www.metro.net.com)

14 15 EDUCATION

Azusa offers convenient access to a plethora of world class educational institutions. Azusa residents are able to enjoy convenient access to schools such as Azusa Pacific University, California Institute of Technology, the University of Southern California, Citrus College, Occidental College, Loyola Law School, Southwestern Law School and Pasadena City College within minutes. Each institution produces a rich source of skilled labor capable of pursuing highly specialized occupations and business ventures. The local talent nearby, the strong demographics, and the mass transit in Azusa, will continue elevating the trend of this community’s desirability.

16 DEMOGRAPHICS MAP

505 W Foothill Boulevard

17 DEMOGRAPHICS

*WITHIN A ONE MILE RADIUS OF SUBJECT PROPERTY

pOPULATION HOUSING

2017 ESTIMATED POPULATION 21,941 2017 ESTIMATED OWNER 3,028 OCCUPIED UNITS 2022 ESTIMATED POPULATION 23,038 2017 ESTIMATED RENTER 3,164 OCCUPIED UNITS HOUSEHOLDS

2017 HOUSEHOLDS 6,192 HOUSEHOLD INCOMES

2022 HOUSEHOLDS 6,471 2017 AVERAGE HOUSEHOLD INCOME $68,904

2022 AVERAGE HOUSEHOLD INCOME $79,296

RACE & ETHNICITY

2017 ESTIMATED POPULATION 21,941 Education BY RACE 2017 ESTIMATED POPULATION OVER 25 13,381 White 12,638 57.6% BY EDUCATIONAL ATTAINMENT

Black 518 2.4% Less than 9th Grade 2,111 15.8%

Asian 1,650 7.5% 9-12th Grade - No Diploma 1,068 8.0%

Pacific Islander 33 0.2% High School Diploma 3,704 27.7% American Indian & 266 1.2% GED or Alternative Credential 259 1.9% Alaska Native Some College - No Degree 2,573 19.2% Other Race 5,775 26.3% Associate`s Degree 1,032 7.7% Two or More Races 1,060 4.8% Bachelor`s Degree 1,759 13.2% Hispanic 16,687 76.1% Graduate or Professional 875 6.5% White Non-Hispanic 2,907 13.2% Degree

18 DOWNTOWN AZUSA AMENITIES MAP

505 W Foothill Boulevard

19 LOCAL AZUSA NEIGHBORHOOD AMENITIES MAP

505 W Foothill Boulevard

20 DOWNTOWN LOS ANGELES | ONLY A FEW METRO STOPS AWAY

Downtown Los Angeles, with direct Gold Line access from Azusa to Union MAJOR DTLA EMPLOYERS Station, was built up around the original settlements in the region, and is naturally its geographic center. It has become one of the most dynamic urban centers in the West and the regional hub of Southern California. It contains the largest concentration of office space and cultural amenities, is the center of an

extensive transportation network, and is the focal point for investment capital Fresh Freight Air DTLA City Hall by public and private sources. The city’s renaissance, which began in the mid- 1990s, has accelerated. According to the Downtown Center BID (DowntownLA. metro.net com), investmentMetro in Downtown Rail LA from 1999& toBusway 2014 has been approximately $19.3 billion. Out of this $19.3 billion investment over the years, $7.3 billion

of it has been in the residential sector. The residential and retail sectors have Down Town seen significant growth, which the hotel market continues to expand to meet the Professional demand from over 10 million visitors annually.

GOLD LINE ROUTE Chatsworth Amtrak & Metrolink

Nordhoff SAN FERNANDO VALLEY Lake Allen Sierra MadreArcadia VillaMonroviaDuarte/CityIrwindale of HopeAzusa DowntownAPU/Citrus College

Roscoe Memorial Park Sherman Way SAN GABRIEL VALLEY Del Mar Canoga De Soto Pierce CollegeTampa Reseda Balboa Woodley SepulvedaVan NuysWoodmanValley CollegeLaurel Canyon North Hollywood Fillmore Universal City/Studio City Los Angeles River Warner Ctr Hollywood/Highland South Pasadena

Hollywood/Vine Highland Park

Hollywood/Western Southwest Museum CENTRAL LA Vermont/Sunset Heritage Sq

Vermont/Santa Monica Lincoln/Cypress

Vermont/Beverly Chinatown

Westwood/VAWestwood/UCLA Hospital Century City/ConstellationWilshire/RodeoWilshire/La CienegaWilshire/FairfaxWilshire/La BreaWilshire/WesternWilshire/Normandie Union Station Wilshire/Vermont Amtrak & Metrolink 2nd St/HopeCivicGrandGrandGrandGrand Ctr/Civic Ctr/ParkParkParkPark Metrolink PURPLE LINE EXTENSION LAX FlyAway LAC+USC MedicalCal State Ctr LA El Monte Westlake/MacArthur Park REGIONAL CONNECTOR WESTSIDE TRANSIT PROJECT 2nd St/ 7th St/Metro Ctr Broadway Little Tokyo/Arts Dist 21 Pico Pershing Square LATTC/Ortho Soto Institute Indiana Atlantic DOWNTOWN Pico/Aliso Maravilla 1st/Central LA Mariachi Plaza Grand/LATTC East LA Civic Ctr Downtown17th Santa St/SMC Monica26th St/BergamotExpo/BundyExpo/SepulvedaWestwood/RanchoPalms Culver Park CityLa Cienega/JeffersonExpo/La BreaFarmdaleExpo/CrenshawExpo/WesternExpo/VermontExpoPark/USC EASTSIDE 37th St/ San Pedro St Rail Station USC Transfer Martin Luther King Jr Jefferson/USC Washington Station BuswayStation CRENSHAW/LAX Leimert Park TRANSIT PROJECT Slauson Vernon Busway Street Service Hyde Park UNDER SOUTH LA Slauson River Angeles Los CONSTRUCTION Fairview Heights Manchester Florence PACIFIC OCEAN Downtown Inglewood Metro Rail Westchester/Veterans Firestone

LAX Red Line Aviation/96th 103rd St/ North Hollywood to Union Station Watts Towers Purple Line Aviation/Century Willowbrook/ Wilshire/Western to Union Station LAX Shuttle G Rosa Parks Aviation/LAXHawthorne/LennoxCrenshawVermont/Athens Harbor FwyAvalon Long Beach LakewoodBl NorwalkBl Blue Line Downtown LA to Long Beach Rosecrans Compton Expo Line Mariposa Downtown LA to Santa Monica

Harbor Artesia Green Line El Segundo Gateway Redondo Beach to Norwalk Transit Ctr Del Amo GATEWAY CITIES Gold Line Douglas East Los Angeles to Azusa

Redondo Beach Carson Wardlow Metro Busway

Willow St Orange Line SOUTH BAY Chatsworth to North Hollywood Pacific Pacific Coast Hwy Silver Line Coast San Pedro to El Monte Hwy Street Service in Downtown LA Anaheim St and San Pedro

Pacific 5th St Av Regional Rail

San Pedro Downtown 1st St Amtrak Long Beach amtrak.com Metrolink metrolinktrains.com

Airport Shuttle

LAX FlyAway lawa.org/flyaway LAX Shuttle (free) lawa.org

22 LA REGIONAL MAP — AZUSA

505 W Foothill Boulevard

23 Capital Markets | Investment Properties

505 W FOOTHILL BLVD.

For more information, please contact:

:: Ron Mgrublian :: Edward Matevosian Lic. 01902882 Lic. 01358783 +1 562 968 1171 + 1 818 502 6744 [email protected] [email protected]