686 & 690 Walnut Street, Moorpark, CA 93021

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1 F O R S A L E - O W N E R U S E R / I N V E S T O R - C H A R M I N G M O O R P A R K R E T A I L / O F F I C E 686 & 690 Walnut Street, Moorpark, CA 93021

2 Executive Summary illi Commercial Real Estate, as exclusive investment sales advisor to the Seller is pleased to offer a 2 Unit Retail building. The property is in the downtown area in the City of Moorpark/ Ventura County in Southern California. Moorpark was incorporated as a city on July 1, Moorpark was one of the first cities to run off commercial nuclear power in the entire world, and the second in the United States, after Arco, Idaho on July 17, Old Town Moorpark" is the area surrounding High Street, and is the historic center of the city. A feature of the downtown area are the pepper trees that line High Street, planted by Robert Poindexter who was responsible for the plotting and mapping of the town. This area also features the High Street Arts Center (a Performing Arts center operated by the City of Moorpark), and various restaurants and businesses.

3 The City of Moorpark ranks among the ten least expensive cities in California in which to do business. Commercial Property Business Tax Comparison* City Estimated Total Percent of 10m Per $1,000 Gross Estimated Ad City Business Gross Receipts Receipts Subject Valorem Taxes & Fees Subject to City Tax to City Tax Property Tax Rate Moorpark $35.00 Thousand Oaks $1,538 Simi Valley Los Angeles 0.00% $ % 0.02% $ % $3, % $ % $13, % $ %

4 Property Highlights Pride of ownership and upside for new owner Upside potential with below market rents 90% leased, built in 1956 retail building Tenant is well established 1 Vacancy (approximately 350sf) NNN lease with minimal management Beautiful Bow Truss Ceiling Has skylights for natural lighting Separately metered utility services Rare opportunity to acquire a quality Downtown Moorpark building Zoning C-OT Parking 2 spaces (1 handicap, 1 regular parking) in the rear of the premises Street Level free public parking right in front of premises In 2016 a new Roof was installed In 2015 Interior was renovated In 2008 building was updated with new façade and painted was remodeled over $150K

5 Location Highlights Investment Highlights Easy on/off access to the 118/23 Freeways Purchase price /(CAP) $849,000/4.12% Located in an downtown Moorpark 1 block from City Hall, Public Library, Metrolink Station, coffee shops, restaurants and retail. Property is owned free and clear Address/assessors parcels number: 686 & 690 Walnut Street, Moorpark, CA APN: Year built/occupancy: 1956/90% Building(s) Square Feet: ±3,950 sq ft = building sf, Building 2 350sf Lot Size: 7,520 SF Tenant Highlights Two (2) Tenants Value add with short term leases Upside for new buyer/investor

6 F O R S A L E - O W N E R U S E R / I N V E S T O R - C H A R M I N G M O O R P A R K R E T A I L / O F F I C E 686 & 690 Walnut Street, Moorpark, CA 93021

7 F O R S A L E - O W N E R U S E R / I N V E S T O R - C H A R M I N G M O O R P A R K R E T A I L / O F F I C E 686 & 690 Walnut Street, Moorpark, CA Moorpark Town Center TUSCANY SQUARE PLAZA DEMOS 1 mile 3 mile 5 mile Population 10,234 39,332 72,162 Avg. HH Income $81,746 $136,321 $142,194 Daytime Pop. 6,717 11,737 20,168

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