O F F E R I N G M E M O R A N D U M CAPITAL MARKETS INVESTMENT PROPERT IES

1 4 4 6 1 B R O O K H U R S T S T R E E T G A R D E N G R O V E , C A

AFFILIATED BUSINESS DISCLOSUREAFFILIATED BUSINESS DISCLOSURECBRE, Inc. operates within a global family of companies with many subsidiaries and related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates, including CBRE Global Investors, Inc. or Trammell Crow Company, may have or represent clients who have competing interests in the same transaction. For example, Affiliates or their clients may have or express an interest in the property described in this Memorandum (the “Property”), and may be the successful bidder for the Property. Your receipt of this Memorandum constitutes your acknowledgement of that possibility and your agreement that neither CBRE, Inc. nor any Affiliate has an obligation to disclose to you such Affiliates’ interest or involvement in the sale or purchase of the Property. In all instances, however, CBRE, Inc. and its Affiliates will act in the best interest of their respective client(s), at arms’ length, not in concert, or in a manner detrimental to any third party. CBRE, Inc. and its Affiliates will conduct their respective businesses in a manner consistent with the law and all fiduciary duties owed to their respective client(s).

CONFIDENTIALITY AGREEMENTCONFIDENTIALITY AGREEMENTYour receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and

benefit in determining whether you desire to express further interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, Inc.

DISCLAIMERDISCLAIMERThis Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents,

including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.

CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and neither CBRE, Inc. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.

© 2017 CBRE, Inc. All rights reserved.

1 . INVESTMENT SUMMARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

2 . INVESTMENT OVERVIEW & H IGHL IGHTS . . . . . . . . . . . . . . . . . . . . . . . . . . . 6

3 . AERIAL & PROPERTY PHOTOS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8

4 . PROPERTY DESCRIPT ION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14

5 . LOCAT ION OVERVIEW . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16

6 . DEMOGRAPHICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24

TRAM CHURCHTRAM CHURCHSenior Associate Lic. 01478857 +1 949 809 3663 tram.church@cbre.com

NATHAN HOLTHOUSERNATHAN HOLTHOUSERFirst Vice President Lic. 01838616 +1 949 229 2273 nathan.holthouser@cbre.com

RYAN SHARPERYAN SHARPEAssociate Lic. 01940376 +1 949 809 3658 ryan.sharpe@cbre.com

REBECCA CANALEZREBECCA CANALEZClient Services Team Lead Lic. 01384744 +1 949 809 3661 rebecca.canalez@cbre.com

ANA BENNETTANA BENNETTClient Services +1 949 725 8026 ana.bennett@cbre.com

JAMES LEHIGHJAMES LEHIGHAssociate Lic. 01850077 +1 949 809 3662 james.lehigh@cbre.com

SHAUN MOOTHARTSHAUN MOOTHARTDebt & Structured Finance Lic. 01773201 +1 949 509 2111 shaun.moothart@cbre.com

CBRECBRE3501 Jamboree Road Suite 100 Newport Beach, CA 92660

FOR MORE INFORMATION, PLEASE CONTACT: FOR MORE INFORMATION, PLEASE CONTACT:

T A B L E O F C O N T E N T ST A B L E O F C O N T E N T S

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INVESTMENT SUMMARY

ADDRESSADDRESS14461 Brookhurst Street Garden Grove, CA 92843

PRICEPRICE$3,100,000

PRICE/SFPRICE/SF$897

GLA SIZEGLA SIZE3,456 SF

INVESTMENT SUMMARYINVESTMENT SUMMARY

LOT SIZELOT SIZE0.37 Acres / 15,950 SF

PRICE/SF LANDPRICE/SF LAND$194

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INVESTMENT OVERVIEW & HIGHLIGHTS

INVESTMENT HIGHLIGHTSINVESTMENT HIGHLIGHTS• Prime Location – Extremely Rare Hard

Corner Parcel on Brookhurst Street and

Hazard Avenue.

• Dense Retail Corridor – Surrounded by

many popular local retailers and National

Tenants like Stater Bros, McDonald’s,

Firestone Tires, Starbucks, Bank of

America, Target, CVS and others.

• Well Located / High Traffic – Just a mile

from 22 Freeway and over 60,000 Vehicles

Per Day.

• Dense Population – There are more than

300,000 people in 3-mile radius and

780,000 people in 5 mile radius. Average

household income exceeding $78,000

within 3-mile radius.

INVESTMENT OVERVIEWINVESTMENT OVERVIEWCBRE has been retained as the exclusive advisor

to offer for sale a rare Owner- User or Development

opportunity in Garden Grove, California. The

property is a 3,456 square foot building situated

on 15,950 square feet of land with14 parking

spaces. This property sits on the hard lit corner

of Brookhurst Street and Hazard Avenue.  It is on

a main intersection of Garden Grove and is in the

heart of the Little Saigon Vietnamese community.

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AERIAL & PROPERT Y PHOTOS

AERIAL MAPAERIAL MAP

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AERIAL MAPAERIAL MAP

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AERIAL MAPAERIAL MAP

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PROPERT Y DESCRIPTION

PROPERTY DESCRIPTIONPROPERTY DESCRIPTION

LOCATIONLOCATION14461 Brookhurst Street, Garden Grove, CA

SITESITEThis property sits on the hard lit corner of Brookhurst Street and Hazard Avenue.  It is on a main intersection of Garden Grove and is in the heart of the Little Saigon Vietnamese community.

LAND AREALAND AREA15,950

PARKINGPARKING14 spaces

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LOCATION OVERVIEW

GARDEN GROVE, ORANGE COUNTYGARDEN GROVE, ORANGE COUNTY

The City of Garden Grove is located in central

Orange County approx imate ly 25 mi les

southeast of downtown Los Angeles. Garden

Grove’s has a population of approximately

177,000, where more than half are of either

Asian or Hispanic descent. It is the 5th largest

city in Orange County and the 27th largest

in the State of California. Despite the City's

large size, it is a relatively young community

with projections of continued growth over

the next few years. Incorporated in 1956, the

City spans an area of 17.8 square miles and

borders the city of Anaheim which welcomes

22 mi l l ion v is i tors, annual ly. The c i ty of

Garden Grove supports a strong economy with

average household incomes of $80,869 and an

unemployment rate of only 4.1%. Furthermore,

the city is in the heart of a bustling section

of Orange County further offering opportunity

and chances for growth. Garden Grove hosts

an annual strawberry festival every year that

includes carnival games, roller coaster rides

and a parade. Garden Grove also boasts an

impressive crystal cathedral, aptly named

Christ Cathedral, which is currently undergoing

a $72M renovation.

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Garden Grove is a part of the greater Orange

County region which is the third most populated

county in the state of California and the six

largest in the nation. Orange County is made

up of 34 cities and features 42 miles of pristine

coastline, two major harbors, vast wilderness

parks, top-rated att ract ions, wor ld-class

shopping, multiple professional sports teams

and a wide range of other activities. Orange

County is home to 3.2 mil l ion and draws

more than 43 million visitors each year. Home

to Disneyland, Knott’s Berry Farm, and the

largest convention center in the west, Anaheim

Convention Center, the region attracts tourists

from all over the world. Ranked in Forbes

magazine’s top 50 economically thriving metro

areas, Orange County enjoys lower business

costs, a highly qualified workforce, and one of

the lowest unemployment rates in the state.

Orange County’s is one of the most successful

and highly compensated counties in California

with an average household income above both

the State of California and the nation at almost

$113,600 annually. Attraction and retention

are two of the key reasons for the County’s

economic success. As home to some of the

world’s leading companies and 17 colleges and

universities, Orange County offers one of the

best educated work forces in the world, and an

independent attitude.

While Orange County’s business regions are

impressive, tourism is one of its largest and

GARDEN GROVE DEMOGRAPHICSGARDEN GROVE DEMOGRAPHICS2017 Estimated Population 780,130

2022 Projected Population 809,042

2010 Census Population 738,338

2000 Census Population 738,157

Growth 2010-2017 0.76%

Growth 2017-2022 0.73%

2017 Estimated Median Age 34.90

2017 Estimated Households 209,134

2022 Projected Households 215,925

2010 Census Households 200,781

2000 Census Households 200,363

Growth 2010-2017 0.56%

Growth 2017-2022 0.64%

2017 Est. Average Household Income $63,117

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most famed industries in the county accounting

for 160,000 jobs. With Anaheim being the home

of the county’s top employer, Disneyland, it

also acts as the main tourist hub. Disneyland

is the second most visited amusement park in

the world just behind its sister park in Florida.

Orange County is also home to California

Adventure, Knotts Berry Farm, numerous

beach resorts, professional sports teams,

world renowned golf courses, and unique

shopping and dining experiences. With an

estimated 43 million visitors per year utilizing

hotels, restaurants, and other services, the area

brings in over $8.7 billion dollars annually just

in tourism.

TOP EMPLOYERS IN GARDEN GROVETOP EMPLOYERS IN GARDEN GROVEEmployer Number of

Employees1 Great Wolf Lodge 700

2 Air Industries Company 697

3 Garden Grove Hospital 516

4 American Apparel Knit & Dye 500

5 Hyatt Regency 424

6 Saint Gobain Performance Plastics 363

7 Office Max 360

8 GKN Aerospace 331

9 Walmart 325

10 Kaiser Foundation Health Plan 300

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ORANGE COUNTY, CA OVERVIEWORANGE COUNTY, CA OVERVIEW

• Orange County is the third most populous county in California

and the sixth most populous in the United States. As of 2017, the

population is approximately 3.2 million residents and growing at a

rate of 4.5% every year. The median age is 37.

• The County is a hotbed of tourist activity due largely in part by

theme park attractions such as Disneyland and Knott’s Berry Farm.

With over 40 miles of coastline, Orange County is the premiere

destination for thousands looking for sun and waves to ride.

• While tourism is one of the main economic drivers in the region,

many Fortune 500 companies call Orange County home, including:

Ingram Micro, First American Corporation, Broadcom, Western

Digital, and Pacific Life. Orange County also boasts a thriving tech

scene with software companies such as Blizzard Entertainment,

Gateway, Linksys, and Gateway cluster around the city of Irvine.

Orange County’s affluent residents has attracted a broad range

of upscale shopping experiences in the region such as the South

Coast Plaza in Costa Mesa and Fashion Island in Newport Beach.

• Orange County’s unique and profitable retail market continues to

draw in tenants. Orange County concluded 2017 with 15 new big

box deals signed in the region. The most notable included a Hobby

Lobby in Cypress, Bob’s Discount Furniture in Orange, Chuze

Fitness in Anaheim, and a RH Outlet in Irvine. Though the average

size of a large leases diminished, this activity further validated

that larger format retail is not dead and a greater need for mid-

sized boxes apparent. Orange County delivered its only major

development tracked by CBRE Research, The Village at Tustin

Legacy. This 111,993-sq.-ft. retail neighborhood center contains

a Stater Brothers grocery store, CVS Pharmacy, Chipotle, and a

Montessori daycare and additional shops and restaurants.

For more information please visit https://www.ocgov.com/

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ARENAS / SPORTING FACILITIES:ARENAS / SPORTING FACILITIES:

• Angel Stadium

• Number of Events: Indeterminate.

The venue can host community,

charity, and concert going events,

but there doesn’t seem to be a tally

or average of how many take place

each year.

• Annual Visitors: 3,019,583 (2017)

Source: https://www.baseball-reference.com/teams/ANA/attend.shtml

• The Honda Center

• Number of Events: Indeterminate.

Since it completed construction in

1993 the Honda Center has hosted

hundreds of hockey and basketball

games, wrestling matches,

concerts, and is planned to be used

for indoor volleyball during the 2028

Summer Olympics.

• Annual Visitors: 709,968 (2014)*

Source: http://www.hockeyattendance.com/arena/honda-center/ *Most current attendance records available.

*Source: CBRE Location Analytics & Mapping, 2018

AIRPORT(S): AIRPORT(S):

• John Wayne Airport

• Annual Flights: 25,482

• Annual Visitors: 4.5 million

• Any Upgrades?: Last major construction

to take place was in 2011 when a new

Terminal C was added.

ZILLOW HOUSING ZESTIMATES: ZILLOW HOUSING ZESTIMATES:

• Orange County Median List Price: $644,000

• Orange County Median Sales Price: $600,000

*Data came via RealtyTrac

DEMOGRAPHICSDEMOGRAPHICS2017 Estimated Population 3,229,809

2022 Projected Population 3,375,451

2017 Est. Households 1,052,359

2017 Avg. Household Income $113,678

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LOCAL & REGIONAL MAPSLOCAL & REGIONAL MAPS

14461 BROOKHURST STREET, GARDEN GROVE, CA14461 BROOKHURST STREET, GARDEN GROVE, CA

14461 BROOKHURST STREET, GARDEN GROVE, CA14461 BROOKHURST STREET, GARDEN GROVE, CA

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DEMOGRAPHICS

Population 1 Mile 3 Miles 5 Miles

2017 Population - Current Year Estimate 37,075 303,275 780,130

2022 Population - Five Year Projection 38,619 314,472 809,042

2010 Population - Census 34,734 287,099 738,338

2000 Population - Census 34,574 283,532 738,157

2010-2017 Annual Population Growth Rate 0.90% 0.76% 0.76%

2017-2022 Annual Population Growth Rate 0.82% 0.73% 0.73%

Households2017 Households - Current Year Estimate 9,336 81,334 209,134

2022 Households - Five Year Projection 9,694 83,943 215,925

2010 Households - Census 8,839 77,985 200,781

2000 Households - Census 8,872 77,875 200,363

2010-2017 Annual Household Growth Rate 0.76% 0.58% 0.56%

2017-2022 Annual Household Growth Rate 0.76% 0.63% 0.64%

2017 Average Household Size 3.92 3.69 3.67

Household Income2017 Average Household Income $73,264 $78,973 $83,644

2022 Average Household Income $82,574 $89,719 $94,887

2017 Median Household Income $55,678 $59,654 $63,117

2022 Median Household Income $60,506 $66,730 $71,633

2017 Per Capita Income $18,768 $21,547 $22,963

2022 Per Capita Income $21,001 $24,294 $25,848

Housing Units 1 Mile 3 Miles 5 Miles2017 Housing Units 9,839 84,482 217,304

2017 Vacant Housing Units 503 5.1% 3,148 3.7% 8,170 3.8%

2017 Occupied Housing Units 9,336 94.9% 81,334 96.3% 209,134 96.2%

2017 Owner Occupied Housing Units 5,238 53.2% 42,358 50.1% 111,372 51.3%

2017 Renter Occupied Housing Units 4,098 41.7% 38,976 46.1% 97,762 45.0%

Education2017 Population 25 and Over 26,095 203,530 510,253

HS and Associates Degrees 5,926 22.7% 44,849 22.0% 105,157 20.6%

Bachelor's Degree or Higher 4,040 15.5% 30,360 14.9% 78,972 15.5%

Place of Work2017 Businesses 1,505 8,592 24,736

2017 Employees 8,906 66,217 325,423

GARDEN GROVE DEMOGRAPHICSGARDEN GROVE DEMOGRAPHICS

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FOR MORE INFORMATION, PLEASE CONTACT:

NATHAN HOLTHOUSER First Vice President Lic. 01838616 +1 949 229 2273 nathan.holthouser@cbre.com

JAMES LEHIGH Associate Lic. 01850077 +1 949 809 3662 james.lehigh@cbre.com

RYAN SHARPE Associate Lic. 01940376 +1 949 809 3658 ryan.sharpe@cbre.com

TRAM CHURCH Senior Associate Lic. 01478857 +1 949 809 3663 tram.church@cbre.com

REBECCA CANALEZ Client Services Team Lead Lic. 01384744 +1 949 809 3661 rebecca.canalez@cbre.com

ANA BENNETT Client Services +1 949 725 8026 ana.bennett@cbre.com

SHAUN MOOTHART Debt & Structured Finance Lic. 01773201 +1 949 509 2111 shaun.moothart@cbre.com

© 2017 CBRE, Inc. The information containing in this document has been obtained for 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the Property of their respective owners.

3501 Jamboree Road, Suite 100Newport Beach, CA 92660 CBRE, INC Broker Lic. 00409987