100% OCC. NNN RETAIL IN Hamid Pezeshkian Vice President OLDTOWN MOORPARK 909.243.7604 [email protected] 313 E. High Street • Moorpark, CA 93021 Cal DRE Lic.#02081685

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 1 TABLE OF CONTENTS

Primary Contacts:

Hamid Pezeshkian 1 Investment Overview Vice President Executive Summary 909.243.7604 Investment Summary [email protected] Zoning Information Cal DRE Lic #02081685 Retail Map

NAI Capital 2 Market Overview 800 N Haven Ave. Area Overview Suite 400 Demographics Ontario, CA 91764 909.243.7636

Disclaimer: Information included or referred to herein is furnished by third parties and is not guaranteed as to its accuracy or completeness. You understand that all information included or referred to herein is confidential and furnished solely for the purpose of your review in connection with a potential purchase of the subject loan(s) or REO property(ies), as applicable. Independent estimates of pro forma income and expenses should be developed by you before any decision is made on whether to make any purchase. Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather only outline some of the provisions contained therein and are qualified in their entirety by the actual documents to which they relate. The asset owner(s), their servicers, representatives and/or brokers, including but not limited to C-111 Realty Services LLC, C-111 Asset Management LLC, and their respective agents, representatives, affiliates and employees, (i) make no representations or warranties of any kind, express or imp lied, as to any information or projections relating to the subject asset(s), and hereby disclaim any and all such warranties or representations, and (ii) shall have no liability whatsoever arising from any errors, omissions or discrepancies in the information. Any solicitation for offers to purchase the subject asset(s) is subject to prior placement and withdrawal, cancellation or modification without notice.

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 2 I Investment Overview

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 3 Spring Rd.

313 EAST HIGH STREET MOORPARK, CA 93021 Magnolia St. E High St. › Corner Site in Heart of Downtown › Directly Across Moorpark › 14K SF Lot W/ Development Potential › Strong HH Income & Fundamentals › 3 Fully OCCUP. Freestanding Buildings › All Restaurante and Stable Food-Based Tenants

Moorpark Station

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 4 Executive Summary

OFFERING SUMMARY

Price $1,299,000

NNN NOI (annual) $72,600

Capitalization Rate 5.60%

Lot Size (SF) Approx. 14,000 Spring Rd. Number of Units 3

Type of Units Restaurant/Food Services

% Occupancy 100%

Type of Ownership Fee Simple

Magnolia St. E High St.

Moorpark Station

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 5 Investment Summary

NAI Capital is pleased to present the sale of a NNN Retail Restaurant THE OFFERING Opportunity in the heart of the City of Moorpark. This site is over Property 14,000 SF large, with future development upside in addition to it’s current stabilized cash flows. It is located at the south west corner Price $1,299,000 313 East High Street of High Street and Magnolia Street, adjacent to Ventura County Property Address Moorpark, CA 93021 Fire Station and across from Moorpark Metro Station. This station is used daily by many locals, professionals, as well as travelers, Site Description going to , and to various parts of Ventura County. Lot Size (SF) Approx. 14,000

The property encompasses three independent free-standing Number of Units 3 buildings all of which are 100% occupied. Type of Ownership Fee Simple

The property is centrally located and in close proximity to several City (and) County agencies, as well as local attractions, art, and retail sites. Additionally, this property is supported by strong economic fundamentals, impacted by hundreds of high-income luxury residential homes to the north, Moorpark Country Club, and Moopark College.

The property is zoned Oldtown Business District.

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 6 Current Site Plan

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 7 Exterior & Interior

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 8 Retail Map

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 9 2 Market Overview

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 10 Area Overview

Overview DEMOGRAPHICS The City of Moorpark is a quiet, suburban residential community that is recognized as one of the safest cities in the country. Located just south of the Santa Susana 1 Mile 3 Miles 5 Miles LA County Mountain range in southeastern Ventura County, Moorpark is just 50 miles 2019 Estimate Pop 12,766 138,408 359,034 10,210,000 northwest of downtown Los Angeles and is accessible to the City of Los Angeles. The City of Moorpark is bordered by the Santa Susana Mountains to the North, 2010 Census Pop 12,122 131,833 342,951 9,820,000 Camarillo to the West, Thousand Oaks to the South, and Simi Valley to the East. 2019 Estimate HH 3,535 36,766 103,712 3,480,000 Moorpark was incorporated in 1983 and was named for the Moorpark apricots that were originally grown within the city. In 2019, the City of Moorpark was estimated Median HH Income $24,582 $37,235 $47,220 $68,622 to have a total population of 37,387 residents and a median household income of Per Capita Income $10,497 $12,495 $17,155 $33,706 $108,369 per year. This is well above Ventura County’s median household income of $89,416. Average HH Income $28,928 $45,633 $58,554 $98,260

Transportation Source: Applied Geographic Solutions As of September 2019 The City of Moorpark has access to the Greater Los Angeles Area through California State Route 118, which connects Moorpark to Simi Valley and the San Fernando Valley to the east, while toward the west the 118 continues to California State Route 126 towards Ventura. Moorpark is also served by the California State Route 23, which connects it to Thousand Oaks to the south. Top Employers

The city is served by two rail lines, ’s line and Metrolink’s Rank . The Pacific Surfline connects Moorpark to San Luis Obispo in Principal Employers Employees % of Workforce the north and continues south through LA and terminates in , while the 1 PennyMac 881 4.9% Ventura County Line connects only from Ventura to Union Station in Downtown Los Moorpark Unified School 2 723 4.0% Angeles. The Burbank, Van Nuys, and Oxnard commuter airports are all located District within 35 miles of Moorpark and Los Angeles International Airport (LAX) is only 50 3 Moorpark College 666 3.7% miles away. 4 Pentair Water Pool & Spa 530 3.0% Benchmark Electronics 5 320 1.8% Manufacturing Solutions 6 Target Stores 154 0.9% 7 Abbyson Living 144 0.8% Ensign-Bickford Aerospace 8 136 0.8% & Defense Company 9 Test Equity LLC 121 0.7% 10 Picnic Time, Inc. 120 0.7%

Source: City of Moorpark CAFR, 2018

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 11 Economy

Economics Moorpark has a small but diverse economy that complements the surrounding region. The largest employer is PennyMac, an American consumer-direct residential mortgage company. Another major employer is Moorpark College, a California state community college that employs 723 employees and had an enrollment of more than 14,000 students in 2016. Additionally, Moorpark has a solid manufacturing base that specializes in advanced electronics, including Benchmark Electronics, TestEquity, and Ensign-Bickford Aerospace & Defense Company. Most commerce takes place in Old Town Moorpark and along Los Angeles Avenue where most businesses are located.

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 12 100% OCC. NNN RETAIL IN OLDTOWN MOORPARK 313 East High Street Moorpark, CA 93021

Hamid Pezeshkian 800 N Haven Ave. No warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted Vice President Suite 400 subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. Cooperating brokers, buyers, tenants and other parties who receive this document [email protected] Ontario, California 91764 should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the 909.243.7604 909.243.7636 information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and September be trademarks of their Cal DRE Lic #02081685 www.naicapital.com respective companies. NAI Capital, Inc. Cal DRE Lic #01990696.

NAI CAPITAL | 313 East High Street | Moorpark, CA 93021 13