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OFFERING MEMORANDUM

Mobil Gas Station & Convenience Store (Business Included)Direct Access to I-5 Freeway | Value-Add Opportunity1407 Mission Ave, Oceanside (San Diego), CA 92054

Actual Site

The subject property is a 912-square foot Mobil gas station with a convenience store located in Oceanside (San Diego), California. The offering consists of a great

real estate and business opportunity to acquire an existing gas station/convenience store business that is fully operable with the full business operations in-place.

Everything in the business is up to code and consists of the entire property / improvements (tanks, inventory, canopy, sign pole, equipment, etc.). Tremendous

value-add component to redevelop the convenience store and the location. Premier coastal community location situated less than two miles from the Pacific Ocean.

The site features excellent accessibility and frontage along Mission Avenue.

Overview

Price $4,000,000

Gross Leasable Area 912 SF

Lot Size 0.57 Acres +/-

Year Built 2006

The Offering

Property Summary

Property Mobil Gas Station & Convenience Store (Business Included)*

Property Address 1407 Mission Ave., Oceanside (San Diego), CA 92054

Type of Ownership Fee Simple

*Contact Broker for more Details

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Located along Mission Avenue, the site features easy access and excellent visibility to combined daily traffic counts in excess of 33,270+ vehicles. Mission Avenue is the main traffic thoroughfare connecting residents to the pristine beaches back to Downtown Oceanside. The site benefits from the convenient and direct access just off the Interstate 5 (215,350+ vehicles per day). Excellent signage enhances this exposure. The site is in an excellent centralized location less than two miles from the Pacific Ocean and the strong traffic drawing Oceanside Pier, a popular fishing destination and tourist attraction. The site is less than three miles from the Oceanside Harbor (1,000+ boats and attracts over 800,000+ annual visitors), less than seven miles from the dominant tourist attraction of Legoland California (1.6+ annual visitors), and more. The site is 37 miles north of Downtown San Diego and 85 miles south of Los Angeles.

The site is surrounded by dense residential neighborhoods, apartment complexes, condos, hotel establishments, and more. The site is adjacent to Oceans Eleven Casino featuring over 140,000 annual visitors, a Travelodge, Ramada Oceanside, and more. Near numerous national and regional major retailers including Regal Cinemas Oceanside 16, dd's Discounts, El Super (Regional Grocery Store), Walmart Neighborhood Market, McDonald's, Burger King, and more. Near numerous schools with strong student populations including MiraCosta College (0.3 miles east; 16,000+ students), Oceanside High School (0.5 miles west; 2,330+ students), Laurel Elementary School, Jefferson Middle School, Mission Elementary School, and more. The site features excellent demographics with over 182,597 people reside within five-mile radius. The population has increased 17.66% since 2000.

Located on the Pacific Ocean, the City of Oceanside is centrally located in northern San Diego County. Oceanside is a coastal city located on California's South Coast. It is the third-largest city in San Diego County, California. Together with Carlsbad and Vista, it forms a tri-city area. Oceanside is located just south of Marine Corps Base Camp Pendleton. San Diego is a city located on the Pacific coast of California. Named "America's Finest City," the City of San Diego is best known for its ideal climate, beautiful beaches, and array of world-class family attractions including San Diego Safari Park, San Diego Zoo, SeaWorld San Diego, Legoland theme park, and many more. The City is considered one of the top five leisure vacation destinations in the U.S. and a top 10 business destination. San Diego is the eighth largest city in the nation and the second largest city in California. Home to Balboa Park, which experiences over 12 - 14 million annual visitors, as well as numerous art galleries, artist studios, museums and gardens. A deep harbor is home to a large active naval fleet, with the USS Midway, an aircraft-carrierturned- museum, open to the public. San Diego County features 92 golf courses a variety of participatory and spectator sports, beachfront resorts and luxury spas, gaming, a dynamic downtown district, annual special events and unique holiday offerings, multicultural festivals and celebrations, colorful neighborhoods and communities, a rich military history and more.

Investment Highlights Location Overview

� Prime In-Fill Location in the Premier Coastal Community of Oceanside - Mobil Gas Station with Convenience Store (Business Included) - Tremendous Value-Add Component to Redevelop the Convenience Store and Location - Fully Operable Business with the Full Business Operations In-Place - Everything in the Business is Up to Code - Consists of the Entire Property / Improvements (Tanks, Inventory, Canopy, Sign Pole, Equipment, Etc.)

� Features Easy Access and Excellent Visibility along Mission Ave, Major Thoroughfare Connecting Residents from the Beaches to Downtown Oceanside, to Daily Traffic Counts in Excess of 33,270+ Vehicles - Conveniently Located with Direct Access off the I-5 (215,350+ VPD) - Excellent Signage Enhances this Exposure

� Less than 2 Miles from the Pacific Ocean and the Strong Traffic Drawing Oceanside Pier (Popular Fishing Spot and Tourist Attraction) - Less than 3 Miles from the Oceanside Harbor (1,000+ Boats and Attracts 800,000+ Annual Visitors), and More - 7 Miles North of the Dominant Tourist Destination of Legoland California (1.6+ Million Annual Visitors) - 37 Miles North of Downtown San Diego

� Excellent Centralized Location - Within a Strong Retail Trade Corridor - Near Numerous National and Regional Major Retailers Including Regal Cinemas Oceanside 16, dd's Discounts, El Super (Regional Grocery Store), Walmart Neighborhood Market, McDonald's, and More - Adjacent to the Oceans Eleven Casino (140,000+ Annual Visitors), Numerous Hotel Establishments (Including Travelodge, Ramada Oceanside, and More), and More - Close Proximity to Camp Pendleton (Major West Coast Marine Corp Base)

� Numerous Schools within a 1-Mile Radius with Strong Student Populations Including MiraCosta College (0.3 Miles East; 16,000+ Students), Oceanside High School (0.5 Miles West; 2,330+ Students), and More

� Excellent Demographics within a Dense In-Fill Location - Over 182,597 People Reside within a 5-Mile Radius - Population has Increased 17.66% since 2000

Actual Site

Actual SiteActual Site

Actual Site

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Oceanside, California

Oceanside

Located along the Pacific Ocean, the City of Oceanside is a seaside

oasis centrally located in northern San Diego County. The city is the

third largest city in San Diego County and is frequently referred to as "the hub of

Southern California." The City provides numerous activities and amenities for people

of all ages. Over 3.5 miles of white sandy beaches make Oceanside the ideal place for

sunning, surfing, and sandcastle building. Over four million people visit Oceanside's

beaches each year. The historic Oceanside Pier is a prized community resource. It

remains one of the longest wooden construction recreational piers on the West Coast

where viewers can peer into the entrance channel of Oceanside Harbor, a 900+ boat

recreational marina that sits along the northwest borders of the city. Mission San

Luis Rey is a major tourist attraction, founded in 1798, providing families the ability to

take a glimpse into history while enjoying a nice picnic. The city provides numerous

avenues for golfing, biking, deep see fishing, jogging, skating, whale watching, and

more. Some of the largest employers include Camp Pendleton (major West Coast

base of the United States Marine Corps), Genentech Pharmaceuticals, Oceanside

Unified School District, and more.

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Low Aerial to the West

The Mansour Group visual identity guidelines

Missio

n A

ve

(33,2

70

+ V

PD

)

Oceanside Pier Pacific Ocean

2,330+ Students0.5 Miles West

(215,350+ VPD)

Oceanside Harbor

Santa Barbara St

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Low Aerial to the West

The Mansour Group visual identity guidelines

Mission A

ve (33,270+ V

PD)

Oceanside Pier Pacific Ocean

2,330+ Students0.5 Miles West

(215,350+ VPD)

Oceanside Harbor

San Diego St Mission Mattress

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

SubjectProperty

Oceanside Harbor

Oceanside Pier

Oceanside Transit Cenrer

Aerial

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Low Aerial to the South

The Mansour Group visual identity guidelines

Mission Ave (33,270+ VPD)

Pacific Ocean

(215,350+ VPD)

2,330+ Students

McMlellan-PalomarAirport (10 Miles SE)

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Low Aerial

The Mansour Group visual identity guidelines

Mission Ave (33,270+ VPD)

Joe Balderrama Recreation Center

Santa Barbara St

Laurel Elementary School

(215

,350

+ VPD

)

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Aerial Video

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This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are

approximate. Buyer must verify the information and bears all risk for any inaccuracies.

Demographic Summary

Population

In 2016, the population in your selected geography is 182,597. The population has changed by 17.66%

since 2000. It is estimated that the population in your area will be 192,639 five years from now, which

represents a change of 5.50% from the current year. Thecurrent population is 51.52% male and 48.47%

female. The median age of the population in your area is 32.5, compare this to the Entire US average

which is 37.3. The population density in your area is 2,146.48 people per square mile.

Households

There are currently 62,966 households in your selected geography. The number of households has

changed by 13.04% since 2000. It is estimated that the number of households in your area will be

66,492 five years from now, which represents a change of 5.60% from the current year. The average

household size in your area is 2.68 persons.

Income

In 2016, the median household income for your selected geography is $57,388, compare this to the

Entire US average which is currently $51,972. The median household income for your area has changed

by 26.92% since 2000. It is estimated that the median household income in your area will be $63,308

five years from now. The current year average household income in your area is $76,510.

Race and Ethnicity

The current year racial makeup of your selected area is as follows: 67.68% White, 4.35% Black, 1.04%

Native American and 5.75% Asian/Pacific Islander. Compare these to Entire US averages which are:

71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander. People of

Hispanic origin are counted independently of race. People of Hispanic origin make up 34.02% of the

current year population in your selected area. Compare this to the Entire US average of 17.13%.

Housing

In 2000, there were 28,556 owner occupied housing units in your area and there were 27,143 renter

occupied housing units in your area. The median rent at the time was $762.

Employment

In 2016, there are 57,158 employees in your selected area, this is also known as the daytime population.

The 2000 Census revealed that 60.02% of employees are employed in white-collar occupations in this

geography, and 39.80% are employed in blue-collar occupations. In 2014, unemployment in this area

is 6.28%. In 2000, the average time traveled to work was 29.6 minutes

Population 1-Mile 3-Miles 5-Miles

2000 Population 24,064 73,756 155,193

2016 Population 23,534 82,515 182,597

2021 Population 24,732 87,211 192,639

Income 1-Mile 3-Miles 5-Miles

2016 Median Household Income $43,464 $51,383 $57,388

2016 Average Household Income $59,756 $68,709 $76,510

Households 1-Mile 3-Miles 5-Miles

2000 Households 7,559 25,665 55,700

2016 Households 8,219 28,536 62,966

2021 Households 8,642 30,239 66,492

2016 Daytime Population 8,898 30,260 57,158

Mobil

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