1272 COLUSA AVENUE1272 Colusa Avenue • Yuba City , CA 95991

Offering Memorandum

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N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E

Confidentiality and DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not bemade available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospectivepurchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has notmade any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and squarefootage of the property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of theimprovements thereon, or the financial condition or business prospects of any tenant, or any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in thisMarketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus &Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers musttake appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. Allrights reserved.

Non-Endorsement NoticeMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation's logo or name is not intended toindicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus &Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

1272 COLUSA AVENUEYuba City , CAACT ID ZAA0030441

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TABLE OF CONTENTS

SECTION

INVESTMENT OVERVIEW 01Offering Summary

Regional Map

Local Map

Aerial Photo

FINANCIAL ANALYSIS 02Tenant Summary

Lease Expiration Chart

Operating Statement

Notes

Pricing Detail

Acquisition Financing

MARKET OVERVIEW 03Demographic Analysis

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INVESTMENT

OVERVIEW

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EXECUTIVE SUMMARYOFFERING SUMMARY

MAJOR EMPLOYERS

EMPLOYER # OF EMPLOYEES

Ycusd 2,000

Caltrans District 3 800

Rideout Memorial Hospital 700

Fremont Medical Center 638

Sunsweet Growers Inc 600

Walmart 600

YCCD 600

PG&e 450

McDonalds 361

Wilbur Packing Company Inc 350

Yuba Cnty Hlth Humn Svcs Dept 350

Alta Cal Regional Ctr Inc 300

DEMOGRAPHICS

1-Miles 3-Miles 5-Miles

2018 Estimate Pop 16,118 76,121 108,335

2010 Census Pop 15,832 74,016 104,107

2018 Estimate HH 6,146 26,358 36,427

2010 Census HH 5,899 25,328 34,785

Median HH Income $33,976 $47,058 $46,758

Per Capita Income $18,010 $22,873 $21,673

Average HH Income $46,444 $65,269 $63,871

VITAL DATAYEAR 1 YEAR 2

Price $2,400,000 CAP Rate 6.12% 6.12%

Down Payment 100% / $2,400,000 Net Operating Income $146,892 $146,892

Loan Amount $0 Net Cash Flow After Debt Service 6.12% / $146,892 6.12% / $146,892

Loan Type Proposed New Total Return 6.12% / $146,892 6.12% / $146,892

Interest Rate / Amortization 0% / 0 Years

Gross Leasable Area (GLA) 7,668 SF

Price/SF $312.99

Current Occupancy 100%

Year Built / Renovated 1977 / 2018

Lot Size 0.49 acre(s)

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MAJOR TENANTS

TENANT GLA LEASE EXPIRATION LEASE TYPE

Cricket Wireless 1,490 6/30/2024 NNN

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OFFERING SUMMARY

§ Located in the Sutter Crossroads Shopping Center consisting of 119,675 SF

§ Co-Tenants include FoodMaxx, Goodwill, Big 5 Sporting Goods, Dunkin Donuts

§ Located along the most heavily trafficked thoroughfare in all of Sutter County.

§ Combined traffic counts along Hwy 20 & Hwy 99 is 76,000 CPD.

§ Long standing tenants in place.

§ Located across the street from Yuba City Mall containing 63 retailers and 407,000 SF

INVESTMENT HIGHLIGHTS

Marcus and Millichap is pleased to exclusively list 1272 Colusa Avenue in the Sutter Crossroads Shopping Center. Coming to market for the first time in 33 years the subject property is a7,668 SF building which sits on 0.49 Acres in the town of Yuba City, CA just 40 miles north of Sacramento, CA.

Located in the Sutter Crossroads Shopping Center (119,675 SF) which is anchored by FoodMaxx, Goodwill, Big 5 Sporting Goods, Dunkin Donuts, Red Robin & El Pollo Loco. The sitefeatures five longstanding tenants including Cricket Wireless, 2-Bits Cafe, S&W Laundromat, Beauty Nails & Saigon Rice & Noodle. The property has been 100% leased since sellers tookpossession 33 years ago.

Sutter Crossroads is positioned along the most active retail corridor in all of Sutter/Yuba County. With over 221 retailers within a one mile radius consisting of Walmart Super Center, Sam'sClub, Lowes, Home Depot, Target, Kohl's, Tractor Supply, Bel Air, Walgreens & CVS. The property is located a half a mile from Sunsweet Growers which is the largest dried foodprocessing plant in the world and which houses over 710 employees.

Subject property is located across the street from the Yuba City mall which contains 63 retailers and 407,000 square feet. The mall is anchored by Ross Dress for Less, Sears, JCPenney's,Planet Fitness, Smart and Final & American Eagle Outfitter.

Sutter Crossroads Shopping Center sits along the most heavily trafficked thoroughfare in all of Sutter/Yuba County, positioned at the intersection of Hwy. 99 (31,000 CPD) and State Route20 (47,000 CPD) with a combined traffic count of 78,000 CPD.

INVESTMENT OVERVIEW

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PROPERTY SUMMARYOFFERING SUMMARY

PROPOSED FINANCINGFirst Trust DeedLoan Amount $0Loan Type Proposed NewInterest Rate 0%Amortization 0 YearsLoan Term 0 YearsLoan to Value %Debt Coverage Ratio

THE OFFERINGProperty 1272 Colusa AvenuePrice $2,400,000Property Address 1272 Colusa Avenue , Yuba City , CAAssessors Parcel Number 52-013-006Zoning SC

SITE DESCRIPTIONNumber of Stories 1Year Built/Renovated 1977Gross Leasable Area 7,668 SFOwnership Fee SimpleLot Size 0.49 acre(s)Parking 30 Free Surface Spaces Available Parking Ratio 3.85/1000

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AERIAL PHOTO

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PROPERTY PHOTO

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PROPERTY PHOTO

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FINANCIAL

ANALYSIS

FINANCIAL ANALYSIS

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TENANT SUMMARY

FINANCIAL ANALYSIS

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PRICING DETAIL

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MARKET

OVERVIEW

PROPERTY NAME

MARKETING TEAM

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DEMOGRAPHICS

Source: © 2018 Experian

Created on August 2019

POPULATION 1 Miles 3 Miles 5 Miles§ 2023 Projection

Total Population 16,719 79,851 112,984§ 2018 Estimate

Total Population 16,118 76,121 108,335§ 2010 Census

Total Population 15,832 74,016 104,107§ 2000 Census

Total Population 14,597 62,935 87,707§ Current Daytime Population

2018 Estimate 23,397 79,160 101,213

HOUSEHOLDS 1 Miles 3 Miles 5 Miles§ 2023 Projection

Total Households 6,454 28,092 38,712§ 2018 Estimate

Total Households 6,146 26,358 36,427Average (Mean) Household Size 2.62 2.81 2.89

§ 2010 CensusTotal Households 5,899 25,328 34,785

§ 2000 CensusTotal Households 5,642 22,406 30,354

§ Occupied Units2023 Projection 6,454 28,092 38,7122018 Estimate 6,527 27,696 38,430

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles§ 2018 Estimate

$150,000 or More 3.30% 6.96% 6.28%$100,000 - $149,000 5.60% 11.33% 11.06%$75,000 - $99,999 8.22% 11.01% 10.88%$50,000 - $74,999 16.15% 18.52% 19.16%$35,000 - $49,999 15.52% 13.72% 14.14%Under $35,000 51.22% 38.46% 38.50%

Average Household Income $46,444 $65,269 $63,871Median Household Income $33,976 $47,058 $46,758Per Capita Income $18,010 $22,873 $21,673

HOUSEHOLDS BY EXPENDITURE 1 Miles 3 Miles 5 MilesTotal Average Household Retail Expenditure $54,249 $69,740 $69,246

§ Consumer Expenditure Top 10 CategoriesHousing $16,377 $20,263 $20,182Shelter $11,027 $13,177 $13,112Transportation $8,698 $11,402 $11,403Food $5,628 $6,981 $6,945Personal Insurance and Pensions $4,062 $6,340 $6,215Health Care $2,695 $3,791 $3,776Utilities $2,611 $3,296 $3,294Entertainment $1,985 $2,721 $2,708Apparel $1,485 $1,884 $1,874Household Furnishings and Equipment $1,310 $1,825 $1,820

POPULATION PROFILE 1 Miles 3 Miles 5 Miles§ Population By Age

2018 Estimate Total Population 16,118 76,121 108,335Under 20 29.30% 28.17% 29.34%20 to 34 Years 24.97% 21.82% 22.27%35 to 39 Years 6.35% 6.09% 6.28%40 to 49 Years 10.57% 11.35% 11.25%50 to 64 Years 15.17% 17.62% 17.08%Age 65+ 13.64% 14.95% 13.78%Median Age 32.10 35.00 33.80

§ Population 25+ by Education Level2018 Estimate Population Age 25+ 10,117 49,300 68,731Elementary (0-8) 8.17% 7.22% 7.46%Some High School (9-11) 13.15% 10.23% 10.70%High School Graduate (12) 26.20% 23.72% 24.02%Some College (13-15) 27.85% 26.27% 26.72%Associate Degree Only 9.54% 10.54% 10.70%Bachelors Degree Only 9.05% 13.14% 12.05%Graduate Degree 3.22% 5.61% 5.08%

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