CVS ANCHORED SHOPPING CENTER

1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA 93030

OFFERING MEMORANDUM

Rick Rivera x201 CA Real Estate Lic # 00982859

(310) 575-1517 (310) 575-1147 Fax

via e-mail Rickr@cbm1.com

RETAIL SHOPPING CENTER FOR LEASE

SEC Oxnard Boulevard & Saviers Road

FEATURES

Approx. 14,000 SQFT Shopping Center (2 Bldgs), Plus Approx. 14,870 CVS Built in 2010

Approx. 123,893 SQFT Lot Excellent NNN Investment

Opportunity

AREA AMENITIES

Prime Oxnard Location Situated at a Major Signalized

Intersection (Five Points) Strong Population and Household

Income Demographics Ctr APN: 204-0-060-320/330/350 CVS APN: 204-0-060-340

CBM makes no warranties or guarantees about the information provided herein. We have obtained the information from sources we consider credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and estimates provided are for purposes of example and may not represent actual performance of this property.

COMMERCIAL REAL ESTATE SERVICES

CVS ANCHORED SHOPPING CENTER– FOR SALE

1517 S. Sepulveda Blvd. Los Angeles, CA 90025

Rick Rivera x201 CA Real Estate Lic # 00982859

(310) 575-1517 (310) 575-1147 Fax

via e-mail Rickr@cbm1.com

1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd.

Oxnard, CA 93030

Offered at $14,550,000

*CVS can be purchased separately for $8.2 million; Adjacent shopping center can be purchased separately for $6.35 million

Tenants SF CAM

Monthly Rent

Annual Rent

Security Deposit

AAR WIRELESS LLC (VERIZON) 3,007 $1,353 $9,650 $1115,800 $11,878 5 Year NNN Lease, Exp. 9/30/2020, w/2% Annual Increases Every 5 Years, Plus 5 Year Option w/10% Increase.

ROBERTS FIVE POINTS APPLIANCE

1,156 $751 $2,330 $27,960 $3,035

10 Year NNN Lease, Exp. 9/30/2023, w/2% Annual Increases, Plus 10 Year Option.

ADRIANA’S INSURANCE 1.036 $517 $4,081 $48,973 $3,626 10 Year NNN Lease, Exp. 9/30/2020, w/3% Annual Increases, Plus 5 Year Option.

ESTRELLA BEAUTY SALON 1,015 $1,094 $2,340 $28,080 $5,887 5 Year NNN Lease, Exp. 12/31/2018, w/2.5% Annual Increases, Plus 5 Year Option.

TO BE LEASED (RESTAURANT) 1,546 $1,094 $3,478 $41,742 $4,572 Terms to be determined. DOMINOS (PIZZA) 1,500 $975 $3,075 $36,900 $3,075 10 Year NNN Lease, Exp. 12/31/2023, w/12% Increases Every 5 Years, Plus 5 Year Option.

KIDS DENTAL KARE 4,742 $3,082 $8,772 $105,276 $11,855 10 Year NNN Lease, Exp. 10/31/2023, w/12% Increases Every 5 Years, Plus Two 5 Year Options.

TOTAL: 14,000 $8,431 $33,726 $404,712 $43,928

Income Schedule 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | Downtown LA | San Diego | Oxnard

SF Monthly Rent Annual Rent

CVS (Nasdaq: CVS) 14,870 $35,833 $430,000 20 Year NNN Lease, Exp. 1/11/2030 Plus 8 Five Year Options. Annual Rent Increases to $473,000 1/12/2020. Rent Increases 7.5% Every Option Period.

TOTAL: 14,870 $35,833 $430,000

GRAND TOTALS: 28,870 $8,431 $69,559

$43,928

$834,712

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | Downtown LA | San Diego | Oxnard

SHOPPING CENTER EXPENSES

Taxes: $76,000

Insurance: $10,000

Utilities: $12,000

Maintenance: $12,000

Mngt Fees: $16,000

Rubbish: $6,500

Total: $131,000

SALE PRICE:

$14,550,000

TRIPLE NET INCOME: $834,712

CAM INCOME: $203,500

CAM RECONS: $30,000

*EXPENSES (REIMBURSED BY TENANTS): $233,500

CAP RATE: 5.74%

DOWN PAYMENT $6,435,000 *Loan (Annual amount of $197,607 + $295,803 for total of $493,410 paid monthly)

$8,115,000

*Loan must be two All Inclusive Trust Deed (AITD) with interest rate of 4.5% amortized over 30 years, due 10/1/2023 (shopping center) and 8/1/2020 (CVS).

Financial Prospectus 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

CVS EXPENSES

Total: $0.0

CBM makes no warranties or guaran- tees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is

West LA | Encino | Orange County | Downtown LA | San Diego | Oxnard

Tenant Overview: CVS CVS Pharmacy is the second largest pharmacy chain in the United States, with 7,600+

stores in 46 states. According to Fortune 500 listing, CVS is the 12th largest company in

the world.

CVS sells prescription drugs in addition to broad assortment of merchandise, including

over-the-counter drugs, beauty products and cosmetics, film processing services,

seasonal merchandise, greeting cards, limited foods, and other convenience items.

CVS is incorporated in Delaware, and is based in Woonsocket, Rhode Island. The

business was opened on Merrimack Street in Lowell, Massachusetts, in 1963, under the

name Consumer Value Store. The company was founded by Sid Goldstein, Stanley

Goldstein, and Ralph Hoagland, as a discount health and beauty aid store.

CVS CEO: Larry J. Merlo

2014 Revenue: $31 Billion

NYSE: CVS (Share Price: $101)

Total Number of Employees: 200,000 (in 46 states)

Why Choose CVS Over Walgreens?

The FTC may require Walgreens to close or divest of more than 1, 00 stores as result of

acquiring Rite Aid.

Unlike Walgreens, none of the CVS/pharmacy stores below are subject to FTC review

and possible closure.

Community Overview: Oxnard 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

Oxnard is California’s 19th most populous city, and Ventura County’s most populous

city, with 200,000+ residents.

GEOGRAPHY—Oxnard lies roughly 30 miles west of the Los Angeles city limits, and is

generally considered part of the larger Los Angeles metropolitan area. Oxnard is located on

the Oxnard Plain, an area with fertile soil. With its beaches, dunes, wetlands, creeks and the

Santa Clara River, the area contains a number of important biological communities.

POPULATION + INCOME—With a population of 203,585, Oxnard is the most populous

municipality in the Oxnard-Thousand Oaks-Ventura tri-city area, which is ranked as one of the

wealthiest in America. Tri-cities residents earn well above the average national income.

The economy fueled by international trade, agriculture, manufacturing, defense, and

tourism.

Oxnard is one of Greater Los Angeles key manufacturing centers.

The Port of Hueneme is the busiest and only deep-harbor commercial port between Los

Angeles and San Francisco. Del Monte Foods, Chiquita, BMW, Land Rover, and Jaguar

depend upon the port for transport.

Other important industries include finance, transportation, high-tech development, and

petroleum.

Two large active oil fields underlie the city and adjacent areas: the Oxnard Oil Field, east of

the city along 5th Street, and the West Montalvo Oil Field along the coast to the west of

town. Tenby Inc.'s Oxnard Refinery, on 5th Street east of Del Norte Avenue, processes oil

from both fields.

COMMUNITY AFFAIRS—Oxnard was ranked as one of the safest cities in America with

violent crime rates well below the national average.

HISTORY—Oxnard was incorporated in 1903. It is located at the western edge of the fertile

Oxnard Plain, sitting adjacent to an agricultural center of strawberries and lima beans.

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | Downtown LA | San Diego | Oxnard

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | Downtown LA | San Diego | Oxnard

Site Plan 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

Oxnard Blvd. Verizon Wireless

Roberts Five Points Appliance Adriana Insurance

Estrella Beauty Salon To Be Leased (Restaurant)

Dominos Pizza

Kids Dental Kare

Sav

iers

Roa

d

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | San Diego

Additional Photos 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | San Diego

Aerial Photos 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA

CBM makes no warranties or guarantees as to the accuracy of the information provided herein, it has been obtained from sources considered credible, however, it has not been verified. The information contained herein is subject to errors and omissions and is subject to change without notice. Any and all projections, opinions, assumptions, and/or estimates provided are for the purposes of example and may not represent actual performance of this property. CBM is performing acts that require a real estate license. CA Real Estate Brokers Lic # 00982859

West LA | Encino | Orange County | San Diego

Demographics 1205 S. Oxnard Blvd. + 1117-1137 S. Oxnard Blvd. Oxnard, CA