FOR SALE | NNN LEASED INVESTMENT 1708 47,363 SQUARE FEET McCarthy Boulevard milpitas, california Exclusively Listed By: DION CAMPISI, sior KEVIN MOUL +1 408 282 3875 +1 408 282 3873 [email protected] [email protected] CA License No. 01321946 CA License No. 01836970

Colliers International – Silicon Valley • 450 West Santa Clara Street San Jose, CA 95113 • www.colliers.com McCarthy Boulevard 1708 Milpitas, CALIFORNIA building highlights

• Class A Office/R&D space

• Since 2011 $3.7 million has been spent on building improvements and upgrades

• New 30KW solar electric generator system installed in 2013

• New upgraded interiors - Second look 10’ ceilings - New energy efficient parabolic lights - New carpet - Side lights on all offices

• Upgraded lobby

• Extensive window line / natural light

• Excellent identity - Corner building - Monument signage available

• Well landscaped

• Convenient freeway access

• 200 amps of power on second floor

• 3.65/1,000 parking ratio

Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. © 2014 Colliers International investment summary

Address: 1708 McCarthy Boulevard, Milpitas, CA Purchase Price: $12,000,000 Building Square Footage: 47,363 SF Year Built: 1983 Current NOI: $710,445.00 (100% leased) Annual Increase: 3% Actual Cap Rate: 6% APN: 086-03-063 Zoning: MPS Lot Area: 114,563 SF Acres: 2.63 Acres Occupancy Rate: 100%

Year Annual Rent Cap Rate 1 $710,445 5.9%

2 $731,758 6.1%

3 $753,711 6.3%

4 $776,322 6.5%

5 $799,612 6.7%

6 $823,600 6.9%

7 $848,308 7.1%

8 $873,758 7.3%

9 $899,970 7.5%

10 $926,970 7.7% McCarthy Boulevard 1708 Milpitas, CALIFORNIA tenant overview Nanolab Technologies-Headquarters in Milpitas, CA Nanolabs is a successful growing high-tech company using cutting edge technology and expertise to provide knowledge based analytical service for Advanced Microscopy, chemical Analysis, Electrical Failure Analysis, material Anaylsis, FIB Circuit Edit and Defect Analysis in support of the following Industries: Semiconductor, MEMS, Material Science, Electronics, LED, Solar, Photovoltaic, Nanotechnology, Medical Devices, Defense, Advanced Packaging Stable Technology Tenant: • Tenant recently signed a 10 year lease. • Nanolabs invested nearly $4 Million dollars in this state of the art facility since 2011. • Nanolabs has estimated annual sales of $18,000,000. • Estimated market cap of $50 Million • Tenant has recently expanded into Albany, New York. • Business is strong profitable, growing and increasing industry visibility >$20m in revenue and $6m in EBITDA • Stable business and “sticky” revenue model as reliance on outsourced analytical services is increasing from Tier-1 customer base • Recent successful acquisitions of Circuit Edit business and capabilities in failure and advanced material analysis will accelerate growth, leveraging existing customer base and infrastructure • Nanolab has built sufficient scale and strong financial profile to make the Company an attractive acquisition target

Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. © 2014 Colliers International investment highlights

Pride of Ownership: • No deferred maintenance • Ownership has recently installed a new 30KW Solar generator system • Parking lot has been restriped and slurry coated in 2014

Low Management Hassle: • Single tenant, NNN Lease • Tenant Pays 100% of all tax, insurance, maintenance and repairs to its own parcel and building (including roof maintenance)

Excellent 1031 Exchange Replacement property or Portfolio Asset: • Pride of ownership asset, state of the art lab areas and office interiors. Centrally located to major silicon valley technology companies. • Single Tenant Net Leased Asset with minimal management • Able to close quickly to accommodate 1031 Exchange timelines McCarthy Boulevard 1708 Milpitas, CALIFORNIA aerial

Cottonwood Drive

McCarthy Boulevard

Hypothetical2.63 detached Acres fitness | facilityLot Size:114,563 SFGravel paving

Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. © 2014 Colliers International Nearby companies

Tasman Drive M c

C

a

r t h y

B

Zanker Road o u

le v a rd 1708 McCarthy R Boulevard iver Oak s Parkway

Barber Lane

Montague Expressway Montague Expressway

1st Street

Trimble Road McCarthy Boulevard 1708 Milpitas, CALIFORNIA some of the Fortune 500 companies in silicon valley

Silicon Valley is home to many of the world’s largest technology companies including Apple, Cisco, Google, HP, Intel and Oracle. The name originally referred to the region’s large number of silicon chip innovators and manufacturers, but eventually came to refer to all the high- tech businesses in the area; it is now generally used as a metonym for the American high-tech sector. Despite the development of other high-tech

INTUITIVE economic centers throughout SURGICAL® the United States and the world, Silicon Valley continues to be the leading hub for high-tech innovation and development, accounting for 1/3 of all of the venture capital investment in the United States.

A total of 54 California-based companies ranked in last year’s Fortune 500. Of that number, 22 companies were based in Silicon Valley.

Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. © 2014 Colliers International Christy St.

Boyce

Eureka

Auto Mall Pkwy 880

Northport Loop E. . d Cushing Pkwy. lv B

n io s is M

Lakeview Blvd. W. WarrenBayside Ave. Pkwy.

Warm Springs

Kato Rd. Fremont Blvd.

B Bayview Dr. lvd .

Scott Creek Rd.

Kato Rd.

Dixon Landing Rd.

Milmont Dr.

California Circle

Milpitas Blvd. . d lv B

y

h

t

r amenities map

a

C

c M Marine Wy. K A NORTH PARK PLAZA McDonald’s J MILPITAS SQUARE G Panera Bread Premier Pizza Gourmet Hut a Baja Fresh Baja Fresh Mexican Grill Thai Town Restaurant rc Fantastic Sam’s Hair Salon Supercuts Fantasia Tea Acfe ia A Nortech Pkwy. Togo’s Sandwiches Postal Annex Kelly’s Cleaners ve. 3 Cathay Bank Pure Beauty Loving Hut Vegan Cuisine 4 Pizza California Fantasia Tea Cafe Sizzling Stone Korean Bistro Main St. Bagel Verizon Wireless D&G BBQ Starbuck’s Quizno’s Mayflower Restaurant C J h Verizon Wireless The Prolific Oven Bakery & Cafe QQ Noodle a les MOFFETT Baytech Dr. 6 8 Jamba Juice TMobile I Love Pepper Lunch ton Rd. 7 7 Panda Express Town & Country Cleaners Kee Wah Bakery

Fortran Dr. 8 4 9 McDonald’s Rivermark Dental Ranch Market FIELD SF Supermarket Iris Vision Sushi Factory FedEx Office Yan Can Fresh Asian Cookery My Dumpling 10 237 Cold Stone Sheng Kee Bakery FEDERAL Caribbean Dr. B BROKAW NORTH Peet’s Coffee Golden Island Chinese Cuisine 13 7 (New 100,000 SF Shopping Piatti Restaurant & Bar Penang Garden Plymouth St. N. First St. Center - Opening Spring 2012) Cafe Won Kee AIR LA Fitness G RIVER OAKS MARKET PLACE

Shoreline Blvd. Shoreline Caspian 4 Five Guys Burgers and Fries Premier Pizza K McCARTHY RANCH MARKETPLACE 10 5 11 I Chipotle Professional Cut Togo’s Eatery BASE Java Dr. Dry Clean U.S. Best Buy 9 14 Zanker Rd. C PS BUSINESS PARKS Falafels N’ More Banana Leaf 3 AJ Acupuncture Starbuck’s Coffee Romano’s Macaroni Grill M Geneva Dr. 6 Crossman Tasman Ave. iddlef Gibraltar Dr. Bill S. Bains, CPA Meriwest Credit Union Applebee’s iel 101 Nguyen & Associates Ins. Agency River Oaks Dental In-N-Out Burger d Bordeaux 1708 McCarthy R Hongwei Acupuncture Center River Oaks Chiropractic Bank of America Orleans Dr.. 880 d. 12 680 Belle Skin Care Acupuncture Black Angus 5 Lord’s Insurance Agency Subway Cinnamon Club Asian Grill

Dr. Boulevard Lafayette St. Living Room Acupuncture Kaati Fresh Green Cafe R McCarthy Blvd. Abest Tax Services, Inc. Hobee’s Restaurant Hometown Buffet Borregas . Fairchild Dr. io s Rive 9 vd Chiropractic Ano Chase Bank Specialty’s Cafe & Bakery Leong l e r Tra Bl Metroside Insurance Services Sushi King Tasman Ave. R b Oa de Zone Walker o ks P Mart Cleaners H THE MARKET PLACE Clyde Ave. kw 11 RESTAURANTS Expwy. y. 10 D SAN JOSE MUNICIPAL GOLF COURSE Carl’s Jr. Fortune Dr 20/20 Optometry Qume Dr Pho Viet Borregas STRIP CENTER

Ellis St. Patrick Hen ry E Easy Mart Una Mas Mexican Grill Tyrella G El Rincon Taqueria y Mariscos Philly’s Cheesesteaks & Wings R Middlefield O . O’Toole Ave. Mariscos Restaurant & Bar Sangam Indian Cuisine y i Orchard n Concourse Dr. . Taylor Ct. 237 pw a Monica Hair & Nails Olives Greek & g d x k Pho Lien NoodleR House Middle Eastern Cafe E Dr. w Rd. 6e l a Great America Parkway Great Barber Shop N A&D Food Mart Bassett St. u o Fag n . Dentistry t o

Lawrence Expwy. Lawrence Agnew Rd. n d F RIVERMARK VILLAGE Subway o d

Mary Ave. Burton Dr. M C R Justr Breathe Yoga Family & Cosmetic Dentistry 680 De La Cruz teCerulean Dental Spa a Starbuck’s Coffee Whisman Rd. o A t p M e Mezbaan Indian Cuisine i E. Plumeria Dr. a v t t Honba Sushi i Nelo St. Junction Ave. e o s Victor St. d s Posh Bagel Premier Pizza s Orchard Pkwy. . o l io Edward Ave. W. Maude Ave. n H H&R Block A Thai Orchid College Rivermark Nails UME Chinese Food Duane Ave. v Moffett Blvd. Zanker Rd. Planet Beach e Wyatt Dr. . Lakeside Dr. Keypoint Credit Union I THE GREAT MALL Thomas Starbuck’s Coffee Dave & Buster’s Russel Ave. Blvd. 2 3 . Safeway Century 20 Movie Theater Mathilda Ave. ve Central Expwy. Aldo Ave. A Well’s Fargo Bank Evelyn Ave. Stewart Dr. y L Game Stop H Charcot h u Red Robbin Norman Nuttman St. Ave. B A p n Laurelwood . 5 ur d Tiros Wy. d R d . M y Arques Ave. R C le w 3 A Woodward Ave. b a v k2 4 e Scott Bl Duane Ave. im o . Tr Br vd. D 4 FOOD & DINING HOTELS BANKS

Bernardo Ave. 1. Denny’s 1. Extended Stay Deluxe 1. Technology Credit Union Mary Ave. Central Expwy. 2 2. McDonald’s 2. E-Z 8 Motel 2. Bank of America

2 1 1 3. De La Cruz Deli 3. Hilton Garden Inn 5. Meriwest Credit Union 101 1 Kifer Road 4. Wing Stop 4. Staybridge Suites 6. Bank of America 1 880 E Pastoria Ave. 5. Subway Sandwiches - Chevron

1

. 1 6. Round Table Pizza - Starbucks ADDITIONAL SERVICES

B d 7. Sendo Sushi 5. Homewood Suites San Jose 1. Bay 101 Fair Oaks Ave. v

Mathilda Ave. l 8. Castle Greek Cafe 6. Hotel Sierra 2. Fry’s Electronics

o B . w 9. Extreme Pita 7. Extended Stay America 3. Lowe’s

d Walsh Ave. R 10. Miguel’s Mexican Food 8. Crowne Plaza Hotel 4. Gold’s Gym e N First St. a 11. 5 Guys Burgers & Fries 9. Sheraton Hotel 5. South Bay Athletic Club r s N s La Wolfe Rd. Wolfe s 12. Starbuck’s Coffee 10. The Beverly Heritage Hotel 6. Planet Beach e . 85 A 13. Panda Express 7. Supercuts f y Monroe St. a r K v Martin Ave. r 14. La Catalana CAR RENTAL 8. Pure Beauty y Bus Stop e e in 1. Avis Rent A Car 9. Save Mart Supermarkets e B . g Grant Rd. Bus Route GAS STATIONS 10. Target t t Light Rail Station 1. 76 Gas Station e R 280 Light Rail d St. y Mabury Rd. . El Camino Real De La Cruz w p x Parker Ct. E 87 mas Scott Blvd .

To C ole E. Hedding St.

San Lawrence Expwy. Lawrence St. Monroe m a S. 17th St. Fremont Ave El Camino Real n Av Taylor St.

e. B S. 10th St.

o Jackson St. Alum Rock

Foo w T

t e hil h S. 4th St. r

l s e E. San Antonio St. S. 1st St. 101

A S. 24th St.

E v Homestead Rd. A xp e la 880 . m w e y da E. Julian St.

Rd. Wolfe Story Rd. E. St. James St.

Saratoga Sunnyvale Rd. Saratoga Sunnyvale Homestead Rd. Homestead Rd. Market St. Knox E. Santa Clara St. Ocala Ave. San Jose State Williams St. E. San FernandoUniversity St. E. Pruneridge Ave. 11th St.

San Salvador St. . San Carlos St. RemillardCt. 280 Park Ave. Story Rd.

Stevens Creek Blvd. Stevens C re e k Blvd. W San Carlos St. 280 1st . 101 Quimby Rd. De Anza Blvd Auzerais Ave. Keyes St. antau Parkmoor Ave.

T King Rd. Moorpark Ave. 280 Senter Rd. Lincoln Ave. Race St. Miller 10th St. Alma Monterey Rd. Phelan Ave. wrence Expw y. wrence Blackford Ave. 87 7th St. La Aborn Rd.

Tully Rd. S. Bascom Ave. Bascom S. McCarthy Boulevard 1708 Milpitas, CALIFORNIA aerial

SAN MATEO FREMONT NEWARK BELMONT SAN CARLOS REDWOOD CITY MENLO PARK PALO ALTO 1708 McCarthy MILPITAS Boulevard

MOUNTAIN NORTH VIEW SAN JOSE SUNNYVALE SANTA CLARA SAN JOSE CUPERTINO WILLOW GLEN CAMPBELL SOUTH SAN JOSE

Drawings not exact/not to scale. The information furnished has been obtained from sources we deem reliable and is submitted subject to errors, omissions and changes. Although Colliers International has no reason to doubt its accuracy, we do not guarantee it. All information should be verified by the recipient prior to lease, purchase, exchange, or execution of legal documents. © 2014 Colliers International