717 E. Washington Street Petaluma, California

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1 717 E. Washington Street Property Highlights ±1,350 SF Free standing building 12 parking spaces Available for lease at $2.50/SF Gross Great visibility & Building signage Sale Price: $900,000 Adjacent to Whole Foods Market Available August 1st, 2018, delivered vacant 08/01/18 Can be purchased with the neighboring building, 725 Walking distance away from SMART Train 5 Minutes from lively downtown E. Washington for $2,000,000

2 717 E. Washington Street Examples of Permitted Uses: Artisan shop Bank, financial services Fitness/health facility Private Office Conference Room General retail Groceries/specialty foods Kitchen/Break Room Medical services Office Restaurant, cafe, coffee shop Open Work Space Studio - Art, dance, martial arts, music, etc. Zoning: MU1A - Mixed Use 1A Private Office Copy Fax Storage Closet 3 private offices, conference room, reception, kitchen/ break room, restroom and open work space Private Office Reception Main Entrance

3 717 & 725 E. Washington Street 717 E. Washington Street 725 E. Washington Street 717 E. Washington Street Perfect for an owner/user Buildings can be sold together or separately 717 Asking price: $900, & 725 Asking price: $2,000,000 Current tenant vacates August 1, E. Washington Street Fully leased investment Leased to 8 different office tenants from a variety of businesses Below market rents in place, room for growth 725 Asking price: $1,200,000

4 RENT ROLL Rent Roll Suite ID 717 & 725 E Washington Petaluma --- Lease Term --- Rentable RSF Monthly Annual Monthly Rent Start Expire Sq. Ft. Occupied Monthly Base Rent Rate PRSF Rate PRSF at Market Rate Annual Rent at Market Rate 725 Market Rate = $1.75/Sq. Ft mo/mo 1, $ 1, $ 1.32 $ $ 1, $ 23, /1/2018 6/30/ $ 1, $ 1.40 $ $ 1, $ 16, /1/2018 5/31/ $ $ 1.33 $ $ 1, $ 12, /1/2015 mo/mo $ $ 1.33 $ $ 1, $ 15, mo/mo $ $ 1.25 $ $ $ 10, /1/2018 1/31/ $ $ 1.25 $ $ $ 8, /1/2018 3/31/ $ $ 1.40 $ $ $ 10, /1/ /31/ $ $ 1.25 $ $ 1, $ 16, Market Rate = $ E Wash 8/2/2018 1, $ 3, $ 2.36 $ $ 3, $ 40,500.00

5 717 & 725 E. Washington Street 717&725 E Washington Valuation 6,757 $2,000, % $296 SqFt Purchase Price Cap Rate PSF Income In Place Rents, 2018 Market Rent Gross Rent $ 123,864 $ 154,047 Vacancy, 3% $ - $ - Adjusted Gross Rent $ 123,864 $ 154,047 Expenses Actual, 2018 Market Rate Business License $ $ Garbage and Refuse $ $ Landscaping $ 2, $ 2, Janitorial $ 3, $ 3, Insurance $ 3, $ 3, Supplies+Postage $ $ Professional Fees $ $ Repairs, Maintenance & Banner $ 2, $ 2, Property Taxes $ 10, $ 20, PG&E $ 1, $ 1, Sewer $ 1, $ 1, Total Expenses $ 28, $ 37, NOI $ 95, $ 116, Cap Rate 4.78% 5.83%

6 717 E. Washington Street Floor Plan