FOR SALE APPLE VILLAGE WOODLAND, CA E MAIN STREET. Jon Gianulias CA BRE #

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1 Land Owned by Wal-Mart E MAIN STREET FOR SALE Exclusively Listed by: CA BRE # CA BRE # Auction Property ID- B

2 PROPERTY OVERVIEW Location 1780 E. Main St Woodland, CA APN Occupancy 18% Leasable Building Area Land Area ±11,126 SF ±0.96 acres Year Built 2003 OFFERING HIGHLIGHTS Regional draw with great exposure Wal Mart and Home Depot shadow anchored Easy Freeway access 29,000 VPD on E. Main St Significant Value Add opportunity BIDDING AT AUCTION.COM July 25-27, 2016* AUCTION Marketing Period Due Diligence Period Live Online Bidding June 7th through July 27th June 7th through July 27th July 25th through July 27th

3 PROFORMA INCOME & EXPENSE Stabalized INCOME Income CAPITALIZATION and Expense Valuation Summary 1/15-12/15 In- Place Stabilized Stabilized Min. Min. Rent, Rent, Leased Leased 2,025 SF SF 43,107 35, ,232 1 Min. Min. Rent, Rent, Vacancies 9,101 SF SF 136, ,515 2 NNN, NNN, Leased Leased 11,795 15, ,795 3 NNN, NNN, Vacancies 70,988 70,988 Total Total Gross Gross Income Income $54,902 $258,530 $258,530 Vacancy Vacancy Allowance 10% 10% 10% - 25,853 10% - 25,853 Effective Effective Gross Gross Income Income $54,902 $232,677 $232,677 Expenses Expenses Common Common Area Area Charges Charges 26,114 26, ,114 4 Property Property Taxes Taxes 11,550 11, ,550 5 Insurance Insurance 5,007 5, ,007 6 Management Fee Fee 3.0% 3.0% 3.0% 1, % 5, ,152 7 Total Total Expenses Expenses - 43,964-47,823-47,823 Net Net Operating Operating Income Income $10,938 $184,853 $184,853 Footnotes 1 18% leased, expires 1/ Assumes $15 NNN for vacancies 3 Assumes all leases NNN including management fees 4 estimated from past actuals plus inflation 5 Reassessed on transfer at 1.05% 6 Estimated at $0.35/sf/yr 7 3% of base rent is appx equal to current Mgmt, office costs, fees and administrative costs

4 SITE PLAN East Main Street 29,000 CPD Expires 01/2017 2,025 SF FORMER RESTAURANT Suite 2-1,250 SF FORMER RESTAURANT Suite 3-1,300 SF FORMER RETAIL Suite 4-1,252 SF FORMER ELITE WIRELESS Suite 5-1,750 SF FORMER CREDIT UNION Suite 6-3,549 SF

5 RENT ROLL Rent - In Place Market Suite Tenant Sq Ft (±) Share Start End Annual Monthly $/SF Rent Comments 01 GameStop 2, % Sep- 03 Jan- 17 $35,235 $2,936 $1.45 $1.50 Rent Reduced from $5,062 ($2.50) Leased GLA 2, % 02 AVAILABLE (Former Restaurant) 1, % $ AVAILABLE (Former Restaurant) 1, % $ AVAILABLE (Former Retail) 1, % $ AVAILABLE (Former Elite Wireless) 1, % $ AVAILABLE (former Travis CU) 3, % $1.25 Subtotal - AVAILABLE 9, % TOTAL OFFERING 11,126

6 RETAIL AERIAL HWY 5 41,000 CPD Land Owned by Wal-Mart East Main Street 29,000 CPD

7 PARCEL MAP

8 SUBJECT About Woodland LIFORNIA Woodland is the county seat of Yolo County, located in California s Central Valley. Woodland is located 20 miles northwest of Sacramento at the intersection of Interstate 5 and State Route 113. To the south is the City of Davis, with its University of California campus. The Sacramento International Airport is eight miles to the east. Waterways include the Yolo Bypass and Sacramento River to the east, Willow Slough to the southeast, and Cache Creek to the north. Woodland has a strong historic heritage, which is refl ected in an impressive stock of historic buildings in its downtown area and surrounding neighborhoods. Woodland s agricultural setting is largely responsible for the community s distinct identity and plays and important economic role in Woodland. Due to its proximity to major transportation nodes, Woodland has also become increasingly important as a manufacturing and distribution center. To Learn More About Woodland s Local Business click here To Learn More About Woodland s Economy click here Spring Lake Development Spring Lake includes the current development of 1,097 acres located primarily south of Gibson Road and east of SR 113, immediately south of the City limits. When completed, the development will comprise approximately 4,037 dwelling units on±665 acres, 11 acres of neighborhood commercial uses, over 280 acres of public and quasi public and uses, about 34 acres of park land, and over 100 acres of major streets and roads. Overall residential density will equate to about 6.1 units per acre. The Plan will result in build-out of about 11,270 people. Woodland Gateway Woodland Gateway is a 55 acre retail center, including 525,000 square feet of shopping space, in east Woodland at County Road 102 and Interstate 5 by Petrovich Development Co. This site includes Costco, Target, Best Buy, Old Navy, Famous Footwear, Michael s Arts and Crafts,, Pet Extreme, In-N-Out Burger, and others.

9 COMPETITIVE PROPERTIES SURVEY LIFORNIA Major Retailers County H wy E8 SHADE TREE PLAZA Rite Aid (dark), McMahon's (dark) E K entuck y A ve WEST COURT PLAZA Big Lots Walgreens E B e a m er St SYCAMORE POINTE Food 4 Less, Big 5 Dollar Tree Cottonwood St WOODLAND PLAZA Marshalls, CVS Pharmacy Nugget Market M a in St W o o d l a n d YOLO POLO PLAZA Wal-Mart, Staples Goodwill Home Depot County H wy E7 Rite Aid True Value Hardware WESTGATE CENTER Raley's, JoAnn Fabrics WOODLAND CROSSROADS OSH, Grocery Outlet, Office Depot, Ross, Tractor Supply Co. Ea st St WOODLAND GATEWAY Costco, Michaels, Best Buy, Target G i bson Rd COUNTY FAIR MALL JCPenney, Burlington Coat Factory GIBSON PLAZA Bel Air Miles 1/2 KM 1/2 Please JG@corecre.com or fax any edits to

10 DEMOGRAPHICS 1780 E Main St Woodland, CA mi radius 3 mi radius 5 mi radius POPULATION 2016 Estimated Population 10,571 47,816 59, Projected Population 10,847 49,261 61, Census Population 10,043 45,510 56, Census Population 6,074 39,343 50,640 Projected Annual Growth 2016 to % 0.6% 0.6% Historical Annual Growth 2000 to % 1.3% 1.1% 2016 Median Age HOUSEHOLDS RACE AND ETHNICITY 2016 Estimated Households 3,249 16,228 20, Projected Households 3,426 17,210 21, Census Households 3,003 14,995 19, Census Households 1,888 12,981 17,145 Projected Annual Growth 2016 to % 1.2% 1.2% Historical Annual Growth 2000 to % 1.6% 1.3% 2016 Estimated White 56.7% 60.6% 61.8% 2016 Estimated Black or African American 1.9% 1.8% 1.7% 2016 Estimated Asian or Pacific Islander 13.2% 7.6% 7.1% 2016 Estimated American Indian or Native Alaskan 1.1% 1.2% 1.3% 2016 Estimated Other Races 27.1% 28.7% 28.2% 2016 Estimated Hispanic 48.5% 49.8% 48.2% INCOME EDUCATION (AGE 25+) BUSINESS 2016 Estimated Average Household Income $86,010 $71,845 $75, Estimated Median Household Income $77,474 $60,224 $62, Estimated Per Capita Income $26,437 $24,582 $26, Estimated Elementary (Grade Level 0 to 8) 10.2% 11.3% 10.8% 2016 Estimated Some High School (Grade Level 9 to 11) 7.6% 9.9% 9.3% 2016 Estimated High School Graduate 16.0% 23.7% 24.2% 2016 Estimated Some College 24.0% 21.8% 22.2% 2016 Estimated Associates Degree Only 6.8% 7.7% 8.7% 2016 Estimated Bachelors Degree Only 21.3% 15.2% 14.7% 2016 Estimated Graduate Degree 14.0% 10.4% 10.1% 2016 Estimated Total Businesses 204 1,848 2, Estimated Total Employees 2,348 20,547 27, Estimated Employee Population per Business Estimated Residential Population per Business

11 PROPERTY PHOTOS

12 INTERIOR PHOTOS

13 ADJACENT PROPERTY PHOTOS

14 This property is available for sale at Bids will be accepted July 25-27th Property ID- B BIDDING PROCESS Property Website: 1 REGISTER Go to auction.com to create an account (or log in to your existing account) and register for this auction through this property s listing page. 2 DUE DILIGENCE, FINANCING, AND DEPOSIT Due diligence documents are available for review now, and buyers must complete their review of documents prior to purchase. The winner s purchase agreement contains no inspection or review contingency, and close of escrow is approximately 24 hours after acceptance of the winning bid. Auction.com does not provide or facilitate financing, and all purchases must be funded in cash. If you intend to bid, Auction.com will require a bidder deposit, applicable to purchase price and fully refundable to non-winning bidders. See Auction.com for details. 3 PROOF OF FUNDS, ENTITY DOCUMENTATION, AND BIDDING Details on Auction.com s qualifying process for proof of funds and certification of purchase entity are available online. Bids are placed via the property s listing page after you ve registered for this auction. 4 CLOSING Winning Bidders are contacted via phone and following the auction, and must be available via phone within 2 hours of the sale to receive instructions on the purchase agreement and closing documents.

15 Apple Village Shopping Center Woodland, California COPYRIGHT ALL RIGHTS RESERVED. CORE Commercial ( Agent ), CA DRE Lic , has presented this brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Prospective purchasers and tenants should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. The Property is being offered on an as-is, where-is and with all faults basis unless otherwise specified. Owner reserves the right to withdraw this offering at any time, without further notice, with or without cause.