1740R O S E C R A N S

SAN D IEGO, CA 92 106

O F F E R I N G M E M O R A M D U M

O w n e r U s e r o r D e v e l o p m e n t O p p o r t u n i t y

c o n ta c t

BILL THAXTON858.875.4675 bthaxton@flockeavoyer.comLicense ID: 00813835

Ta b l e o f C o n t e n t sEXECUTIVE SUMMARYProperty Overview............................................................Plat Map............................................................................Offering Overview.............................................................

PROPERTY INFORMATIONCurrent Site Plan................................................................Proposed Site Plans............................................................Proposed Perspective.........................................................Competition Aerial.............................................................Demographics....................................................................

MARKET INFORMATIONAbout Point Loma..............................................................

DISCLAIMER ............................................................

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I n t r o d u c t i o n

Flocke & Avoyer Commercial Real Estate, as exclusive agent, is pleased to offer for sale a single tenant retail building located at the hard corner of Rosecrans Street & Macaulay Street. The property was previously occupied by a Chase Bank branch. Chase Bank has relocated a few blocks away.

I n v e s t m e n t O v e r v i e wADDRESS: 1740 Rosecrans StreetSan Diego, CA 92106

PURCHASE PRICE: $4,200,000

APN: 530-373-11-00

BUILDING SIZE: ±5,812 SF

LAND SIZE: ±14,641 SF

O w n e r U s e r o r D e v e l o p m e n t O p p o r t u n i t y

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P l at m a p A e r i a l m a p

1740R O S E C R A N S

M I S S I O N V A L L E Y

C O R O N A D O

P O I N T L O M A

N AT I O N A L C I T Y

PROPERTY

Rare freestanding opportunity

Affluent Point Loma Location

Large Daytime Population - SPAWAR (3,500 civilian and military employees)

Drive thru access (pending approval from the city)

18 parking spaces including 2 handicapped stalls

Located close to Penchanga Arena, Liberty Station and San Diego International Airport

O F F E R I N G O V E R V I E W

M

acau

lay S

t. Rosecrans St.

Nim

itz B

lvd.

Nim

itz B

lvd.

Nim

itz B

lvd.

Rosecrans St.

Rosecrans St.

M

acau

lay S

t.

M

acau

lay S

t.

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C u r r e n t S i t e P l a n

SUITE A5,812 SF

VAULTATM

RESTROOMS

ROSECRANS ST

MA

CA

ULA

Y S

T

7 8

±

P r o p o s e d s i n g l e t e n a n t o p t i o n

ROSECRANS ST

MA

CA

ULA

Y S

T

SUITE A5,812 SF

*This site plan is not a representation, warranty or guarantee as to size, location, or identity of any tenant, and the improvements are subject to such changes, additions, and deletions as the architect, landlord, or any governmental agency may direct.

±SUITE A3,500 SF

ROSECRANS ST

MA

CA

ULA

Y S

T

SUITE B2,312 SF± ±

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P r o p o s e d T w o t e n a n t o p t i o nW i t h P o t e n t i a l D r i v e T h r u W i t h P o t e n t i a l D r i v e T h r u

1 3 2 1 2 1 8 2 1 7

56 4

1

2

3

4

Signage

Perforated Metal Screen

Metal Siding over Existing Soffit

Recessed Lighting

5

6

7

8

Planting & Landscape Lighting

Storefront Windows

Paint on Wood Siding

Remove Railing at Widows Walk

p r o p o s e d p e r s p e c t i v e

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PROPERTY

NIMITZ BLVD.

NIMITZ BLVD.

ROSE

CRAN

S ST

.

ROSE

CRAN

S ST

.

N

ORTH

HARBO

R DR.

N

ORTH

HARBO

R DR.

NIM

ITZ

BLV

D.

NIM

ITZ

BLV

D.

LANNING RD.

LANNING RD.

ROSE

CRAN

S ST

.

ROSE

CRAN

S ST

.

C o m p e t i t i o n A e r i a lTraffic Counts

Rosecrans St: ±33,395 CPDNimitz Blvd: ±21,674 CPDN. Harbor Dr: ±31,263 CPD

Average HH Income1 MILE 3 MILES 5 MILES

$131,770 $117,099 $105,930

Ralphs Fuel Station

ROSE

CRAN

S ST.

33,39

5 CPD

ROSE

CRAN

S ST.

33,39

5 CPD

NIMITZ BLVD. 21,674 CPD

NIMITZ BLVD. 21,674 CPD

Population1 MILE 3 MILES 5 MILES

16,17014,914 (Day)

73,38088,954 (Day)

242,672299,570 (Day)

LOCU

ST ST

.

LOCU

ST ST

.

*Demographics produced using private and government sources deemed to be reliable. The information herein is provided without representation or warranty. Additional information available upon request.

MACAULAY ST.

MACAULAY ST.

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P o i n t L o m aMARINAS & YACHT CLUBS Point Loma has several marinas; Bay Club Hotel & Marina, Kona Kai Resort & Marina, San Diego Yacht Club, Southwestern Yacht Club & Silvergate Yacht Club housing over 4,000 slips.

TOURISM AND HOTELSPoint Loma is a tourist destination. There are over 3,000 hotel rooms in the area. Cabrillo National Monument receives over 800,000 visitors a year.

SPORTS FISHINGPoint Loma provides half-day, 3/4-day, all-day and multi-day trips. Patrons may charter an individual boat or participate in a trip with other devoted fishermen.

POINT LOMA NAZARENE UNIVERSITYPoint Loma Nazarene University is a private institution that has almost 3,000 undergraduate students. Its annual tuition fees are $30,360 (2013-14).

P o i n t L o m a M i l i ta r y A s s e t sTHE MILITARY SECTOR IS RESPONSIBLE FOR 317,000 OF THE REGION’S TOTAL JOBS

In the immediate Point Loma area, 50,000 military personnel and staff commute to and/or live in the neighborhood.

100,000 active duty and 30,000 full-time civilian workers.

26,000 civilian employees working for the Department of Defense or Department of Veteran Affairs.

Defense spending creates jobs in a wide range of sectors including engineering, construction, shipbuilding, healthcare, research and other support services.

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D i s c l a i m e rFlocke & Avoyer Commercial Real Estate (“FA”) has been retained as an exclusive advisor to the Seller for the sale of 1740 Rosecrans Street, San Diego, CA 92106 (“Property”).

This Offering has been prepared by FA for use bya limited number of parties and does not purportto provide a necessarily complete summary ofthe Property or any of the documents relatedthereto, nor does it purport to be all-inclusive orto contain all of the information which prospectiveinvestors may need or desire. All projections havebeen developed by FA, the Owner, and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and FA, therefore, are subject to variation. No representation is made by FA or Owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, Owner and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. Further, FA, Owner, and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in, or for omission from, this Investment Offering or any other written or oral communication transmittedor made available to the recipient. This Offeringdoes not constitute a representation that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the package. Analysis and verification of the information contained in this package is solely the responsibility of the prospective purchaser.

Additional information and an opportunity toinspect the Property will be made availableupon written request to interested and qualifiedprospective investors.

Owner and FA each expressly reserve the right,at their sole discretion, to reject any and allexpressions of interest or offers regarding theProperty and/or terminate discussions with anyentity at any time with or without notice. Ownershall have no legal commitment or obligation toany entity reviewing this Offering or making an offer to purchase the Property unless and until a written agreement for the purchase of the Property has been fully executed, delivered, and approved by Owner and its legal counsel, and any conditions to Owner’s obligations thereunder have been satisfied or waived. FA is not authorized to make any representations or agreements on behalf of Owner.

This Offering and the contents, except suchinformation which is a matter of public recordor is provided in sources available to the public(such contents as so limited herein are calledthe “Contents”), are of a confidential nature.By accepting the package, you agree (i) to holdand treat it in the strictest confidence, (ii) not tophotocopy or duplicate it, (iii) not to disclose thepackage or any of the contents to any other entity(except to outside advisors retained by you, ifnecessary, for your determination of whether ornot to make a proposal and from whom you haveobtained an agreement of confidentiality) withoutthe prior written authorization of Owner or FA, (iv) not use the package or any of the contents in any fashion or manner detrimental to the interest of Owner or FA, and (v) to return it to FA immediately upon request of FA or Owner. If you have no further interest in the Property, please return this Investment Offering forth with.

All information regarding this property is deemed to be reliable, however, no representation, guarantee or warranty is made to the accuracy thereof and is submitted subject to errors, omissions, change of price or withdrawal without notice.

F o r M o r e i n f o r m t i o nP l e a s e c o n ta c t:

6165 Greenwich Drive, Suite 110San Diego, CA 92122619.280.2600flockeavoyer.com

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BILL THAXTON858.875.4675 bthaxton@flockeavoyer.comLicense ID: 00813835