CONTACT INFORMATION:

Andy Solomon DRE #01128052 / Doug Cords DRE #01264420 COMMERCIAL RETAIL ASSOCIATES, INC. 680 West Shaw Avenue, Suite 202 ■ Fresno, California 93704 (559) 650-1300

All projections, opinions, assumptions or estimates are supplied for example only, may not represent current or future performance of the property. Any and all information pertaining to the location, demographics and the site plan is supplied by sources believed to be reliable. We do not guarantee the accuracy of information and make no warranty or representation thereto. All information is presented here with the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. (Corporate DRE #01121565)

FACT SHEET LOCATION: Northwest corner of Academy Avenue and 4th Street Sanger, California AVAILABILITY: ±2,464 square feet (please refer to attached site plan) (±36’-7 ½” width by ±67’-1 ½’’ depth) DEMOGRAPHICS: 1 mile 3 mile 5 mile 10 mile 2007 Estimated 14,278 25,176 31,445 170,936

Population 2007 Estimated Avg. HH Income $47,489 $54,040 $58,214 $63,858 Source: Sites USA, 2008

OVERVIEW: ● Anchored by new CVS Pharmacy Over 4,000 homes are approved, proposed or under construction in Sanger

(see attached subdivision aerial and list)

Over 600 single family homes were built in Sanger in each of 2005 and 2006 ● Situated just south of the Save Mart-anchored Northgate Plaza Shopping

Center Available now!

CONTACT INFORMATION: Andy Solomon DRE #01128052

Doug Cords DRE #01264420

COMMERCIAL RETAIL ASSOCIATES, INC. 680 West Shaw Avenue, Suite 202 Fresno, California 93704 (559) 650-1300 asolomon@retailassociates.com dcords@retailassociates.com

FULL DEMOGRAPHIC PROFILE1990 - 2000 Census, 2007 Estimates & 2012 ProjectionsCalculated using Proportional Block GroupsPrepared ForCommercial Retail Associates, Inc.Lat/Lon: 36.710163/-119.556484

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2007 Estimated Population 14,278 25,176 31,445 170,936 2012 Projected Population 15,437 27,763 34,608 186,802 2000 Census Population 12,543 21,391 26,810 147,494 1990 Census Population 11,044 19,295 25,038 123,822 Historical Annual Growth 1990 to 2007 1.7% 1.8% 1.5% 2.2% Projected Annual Growth 2007 to 2012 1.6% 2.1% 2.0% 1.9%

2007 Est. Households 3,849 6,947 8,927 50,698 2012 Proj. Households 4,110 7,596 9,742 54,856 2000 Census Households 3,452 5,985 7,717 44,480 1990 Census Households 3,197 5,597 7,357 39,222 Historical Annual Growth 1990 to 2007 1.2% 1.4% 1.3% 1.7% Projected Annual Growth 2007 to 2012 1.4% 1.9% 1.8% 1.6%

2007 Est. Population 0 to 9 Years 17.7% 17.0% 16.2% 16.4% 2007 Est. Population 10 to 19 Years 18.0% 17.7% 17.4% 17.4% 2007 Est. Population 20 to 29 Years 16.0% 15.4% 14.5% 14.7% 2007 Est. Population 30 to 44 Years 19.3% 19.1% 18.9% 19.2% 2007 Est. Population 45 to 59 Years 15.1% 16.5% 17.7% 17.8% 2007 Est. Population 60 to 74 Years 8.4% 9.2% 10.1% 9.4% 2007 Est. Population 75 Years Plus 5.5% 5.1% 5.3% 5.1% 2007 Est. Median Age 28.6 29.9 31.5 31.5

2007 Est. Male Population 50.4% 50.5% 50.6% 49.9% 2007 Est. Female Population 49.6% 49.5% 49.4% 50.1%

2007 Est. Never Married 29.8% 28.5% 27.8% 28.1% 2007 Est. Now Married 49.1% 51.4% 52.9% 52.4% 2007 Est. Separated or Divorced 14.5% 13.6% 13.1% 14.1% 2007 Est. Widowed 6.6% 6.5% 6.2% 5.4%

2007 Est. HH Income $200,000 or More 0.7% 1.3% 2.1% 2.9% 2007 Est. HH Income $150,000 to 199,999 1.9% 2.1% 2.7% 3.0% 2007 Est. HH Income $100,000 to 149,999 5.4% 7.3% 8.4% 9.7% 2007 Est. HH Income $75,000 to 99,999 9.0% 10.1% 10.3% 11.6% 2007 Est. HH Income $50,000 to 74,999 17.6% 19.3% 19.1% 19.5% 2007 Est. HH Income $35,000 to 49,999 16.8% 17.0% 16.7% 15.0% 2007 Est. HH Income $25,000 to 34,999 14.8% 13.1% 12.5% 11.7% 2007 Est. HH Income $15,000 to 24,999 16.0% 14.6% 13.7% 12.4% 2007 Est. HH Income $0 to 14,999 17.8% 15.3% 14.6% 14.2% 2007 Est. Average Household Income $ 47,489 $ 54,040 $ 58,214 $ 63,858 2007 Est. Median HH Income $ 37,526 $ 41,350 $ 44,038 $ 49,498 2007 Est. Per Capita Income $ 12,911 $ 15,074 $ 16,682 $ 19,307

2007 Est. Number of Businesses 360 531 654 4,216 2007 Est. Total Number of Employees 3,190 6,492 7,830 50,070

May 2009

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- 1 of 3 -©2009, Sites USA, Chandler, Arizona, 480-491-1112 Demographic Source: Applied Geographic Solutions / TIGER Geography 08/07

FULL DEMOGRAPHIC PROFILE1990 - 2000 Census, 2007 Estimates & 2012 ProjectionsCalculated using Proportional Block GroupsPrepared ForCommercial Retail Associates, Inc.Lat/Lon: 36.710163/-119.556484

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May 2009

Academy Ave & 4th Street Sanger, California

2007 Est. White Population 60.8% 62.2% 64.3% 62.9% 2007 Est. Black Population 1.3% 1.2% 1.2% 3.5% 2007 Est. Asian & Pacific Islander 3.6% 4.3% 5.0% 9.1% 2007 Est. American Indian & Alaska Native 0.7% 0.6% 0.6% 0.7% 2007 Est. Other Races Population 33.7% 31.7% 28.9% 23.9%

2007 Est. Hispanic Population 12,035 20,055 22,810 93,066 2007 Est. Hispanic Population Percent 84.3% 79.7% 72.5% 54.4% 2012 Proj. Hispanic Population Percent 84.9% 80.0% 73.2% 56.3% 2000 Hispanic Population Percent 81.9% 78.0% 70.4% 50.8%

2007 Est. Adult Population (25 Years or Older) 7,965 14,417 18,505 100,089 2007 Est. Elementary (0 to 8) 30.1% 26.2% 23.9% 17.4% 2007 Est. Some High School (9 to 11) 12.2% 11.9% 11.3% 10.1% 2007 Est. High School Graduate (12) 24.5% 23.9% 24.0% 23.4% 2007 Est. Some College (13 to 16) 16.9% 18.2% 18.9% 21.6% 2007 Est. Associate Degree Only 6.6% 7.1% 7.4% 8.8% 2007 Est. Bachelor Degree Only 6.4% 8.5% 9.9% 12.7% 2007 Est. Graduate Degree 3.3% 4.1% 4.6% 5.9%

2007 Est. Total Housing Units 3,984 7,211 9,305 53,208 2007 Est. Owner Occupied Percent 55.0% 58.2% 60.6% 61.9% 2007 Est. Renter Occupied Percent 41.6% 38.1% 35.3% 33.4% 2007 Est. Vacant Housing Percent 3.4% 3.7% 4.1% 4.7%

2000 Homes Built 1999 to 2000 1.3% 1.6% 1.6% 2.0% 2000 Homes Built 1995 to 1998 3.2% 4.1% 4.6% 7.1% 2000 Homes Built 1990 to 1994 6.7% 7.9% 7.4% 10.0% 2000 Homes Built 1980 to 1989 17.9% 17.3% 16.1% 21.1% 2000 Homes Built 1970 to 1979 18.9% 20.1% 22.0% 24.5% 2000 Homes Built 1960 to 1969 16.7% 18.5% 17.7% 14.0% 2000 Homes Built 1950 to 1959 14.8% 13.2% 12.7% 10.7% 2000 Homes Built Before 1949 20.5% 17.3% 17.8% 10.6%

2000 Home Value $1,000,000 or More - - 0.2% 0.2% 2000 Home Value $500,000 to $999,999 0.0% 0.3% 0.8% 0.6% 2000 Home Value $400,000 to $499,999 0.5% 0.4% 0.4% 0.4% 2000 Home Value $300,000 to $399,999 0.1% 0.2% 1.1% 2.2% 2000 Home Value $200,000 to $299,999 1.5% 2.4% 6.1% 8.9% 2000 Home Value $150,000 to $199,999 1.4% 6.5% 8.8% 13.0% 2000 Home Value $100,000 to $149,999 21.8% 29.0% 27.3% 32.7% 2000 Home Value $50,000 to $99,999 70.9% 57.5% 52.2% 39.7% 2000 Home Value $25,000 to $49,999 2.3% 2.7% 2.3% 1.6% 2000 Home Value $0 to $24,999 1.4% 1.1% 0.9% 0.6% 2000 Median Home Value $ 88,675 $ 98,520 $ 109,042 $ 121,999 2000 Median Rent $ 361 $ 361 $ 359 $ 354

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- 2 of 3 -©2009, Sites USA, Chandler, Arizona, 480-491-1112 Demographic Source: Applied Geographic Solutions / TIGER Geography 08/07

FULL DEMOGRAPHIC PROFILE1990 - 2000 Census, 2007 Estimates & 2012 ProjectionsCalculated using Proportional Block GroupsPrepared ForCommercial Retail Associates, Inc.Lat/Lon: 36.710163/-119.556484

RF1

1.00 mi radius

3.00 mi radius

5.00 mi radius

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May 2009

Academy Ave & 4th Street Sanger, California

2007 Est. Labor: Population Age 16+ 10,224 18,257 23,106 124,966 2007 Est. Civilian Employed 54.4% 56.2% 56.4% 58.4% 2007 Est. Civilian Unemployed 9.2% 7.6% 6.8% 5.7% 2007 Est. in Armed Forces 0.0% 0.0% 0.0% 0.1% 2007 Est. not in Labor Force 36.4% 36.3% 36.8% 35.9% 2007 Labor Force: Males 50.1% 50.1% 50.3% 49.4% 2007 Labor Force: Females 49.9% 49.9% 49.7% 50.6%

2000 Occupation: Population Age 16+ 4,229 7,590 9,748 56,157 2000 Mgmt, Business, & Financial Operations 6.4% 7.6% 9.2% 10.9% 2000 Professional and Related 10.5% 11.2% 12.7% 17.0% 2000 Service 16.2% 17.0% 16.2% 14.8% 2000 Sales and Office 20.4% 21.1% 21.2% 25.5% 2000 Farming, Fishing, and Forestry 14.5% 13.4% 12.1% 7.6% 2000 Construction, Extraction, & Maintenance 8.3% 8.4% 8.8% 8.7% 2000 Production, Transport, & Material Moving 23.8% 21.2% 19.7% 15.4% 2000 Percent White Collar Workers 37.3% 40.0% 43.1% 53.4% 2000 Percent Blue Collar Workers 62.7% 60.0% 56.9% 46.6%

2000 Drive to Work Alone 64.9% 69.3% 70.5% 74.7% 2000 Drive to Work in Carpool 27.0% 22.5% 20.5% 17.5% 2000 Travel to Work by Public Transportation 0.7% 1.0% 0.8% 0.8% 2000 Drive to Work on Motorcycle - - 0.1% 0.2% 2000 Walk or Bicycle to Work 4.5% 3.9% 3.8% 2.9% 2000 Other Means 1.9% 1.6% 1.5% 1.0% 2000 Work at Home 1.1% 1.7% 2.7% 2.9%

2000 Travel to Work in 14 Minutes or Less 29.2% 29.0% 27.6% 31.8% 2000 Travel to Work in 15 to 29 Minutes 33.7% 36.1% 38.3% 42.9% 2000 Travel to Work in 30 to 59 Minutes 31.2% 29.3% 28.8% 20.7% 2000 Travel to Work in 60 Minutes or More 5.9% 5.5% 5.2% 4.5% 2000 Average Travel Time to Work 24.1 22.5 22.4 20.8

2007 Est. Total Household Expenditure (in Millions) $ 162.6 $ 319.4 $ 431.0 $ 2,594.7 2007 Est. Apparel $ 7.9 $ 15.5 $ 20.8 $ 125.2 2007 Est. Contributions & Gifts $ 9.3 $ 18.7 $ 25.9 $ 160.3 2007 Est. Education & Reading $ 4.1 $ 8.1 $ 11.2 $ 69.3 2007 Est. Entertainment $ 9.0 $ 17.7 $ 23.9 $ 144.7 2007 Est. Food, Beverages & Tobacco $ 27.1 $ 52.7 $ 70.5 $ 419.9 2007 Est. Furnishings And Equipment $ 6.7 $ 13.4 $ 18.3 $ 111.9 2007 Est. Health Care & Insurance $ 11.9 $ 23.2 $ 31.1 $ 185.4 2007 Est. Household Operations & Shelter & Utilities $ 48.7 $ 95.5 $ 128.9 $ 776.0 2007 Est. Miscellaneous Expenses $ 2.8 $ 5.4 $ 7.2 $ 43.3 2007 Est. Personal Care $ 2.4 $ 4.7 $ 6.3 $ 37.6 2007 Est. Transportation $ 32.8 $ 64.6 $ 86.8 $ 521.1

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- 3 of 3 -©2009, Sites USA, Chandler, Arizona, 480-491-1112 Demographic Source: Applied Geographic Solutions / TIGER Geography 08/07

For Further Information, Please Contact: Andy Solomon DRE # 01128052

Doug Cords DRE # 01264420 Commercial Retail Associates

680 West Shaw Avenue, Suite 202 Fresno, California 93704

(559) 650-1300 www.retailassociates.com

Source: City of Sanger

SITE

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For Further Information, Please Contact: Andy Solomon DRE # 01128052 / Doug Cords DRE # 01264420 Commercial Retail Associates, Inc. 680 W Shaw Avenue, # 202 Fresno, California 93704 (559) 650-1300 All projections, opinions, assumptions or estimates are supplied for example only, may not represent current or future performance of the property. Any and all information pertaining to the location, demographics

and the site plan is supplied by sources believed to be reliable. We do not guarantee the accuracy of information and make no warranty or representation thereto. All information is presented here with the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. (Corporate DRE #01121565)

For Further Information, Please Contact: Andy Solomon DRE # 01128052 / Doug Cords DRE #01264420 Commercial Retail Associates, Inc. 680 W Shaw Avenue, # 202 Fresno, California 93704 (559) 650-1300 All projections, opinions, assumptions or estimates are supplied for example only, may not represent current or future performance of the property. Any and all information pertaining to the location, demographics

and the site plan is supplied by sources believed to be reliable. We do not guarantee the accuracy of information and make no warranty or representation thereto. All information is presented here with the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. (Corporate DRE #01121565)