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North Pointe Retail Center

6731 N PALM AVE. | FRESNO, CA 93704

CLICK FOR VIDEO OF PROPERTY FLYOVER

NORTH POINTE RETAIL CENTER | 6731 N PALM AVENUE, FRESNO, CALIFORNIA 93704 VISINTAINER GROUP | INVESTMENT REAL ESTATE

https://youtu.be/VkVQXg89IIw

PRESENTED BY

BRETT VISINTAINER, CCIMCommerical Investment AdvisorPrincipal | Visintainer Group

[email protected] MOBILE

9 River Park Place EastSuite 440Fresno, CA 93720

4

10

27

17

EXECUTIVE SUMMARYOfferingInvestment SummaryProperty DescriptionInvestment Highlights

TENANT INFORMATIONTenant Profiles

FINANCIAL INFORMATIONRent RollCurrent Rent Vs. Market RentAssumptionsCash Flow Summary

LOCATION MAPSArea Maps

LEASE AND SALE COMPARABLES

AREA OVERVIEWCity Overview

24

29

NORTH POINTE RETAIL CENTER 6731 N PALM AVE., FRESNO, CA 93704

CA Broker License 02047928CA Agent License 01792092

visintainergroup.com

INVESTMENT SUMMARY

OFFERING

PRICE$6,275,000

RENTABLE SF24,859 SF

PRICE PSF$252

YEAR 1 NOI$407,882

CAP RATE6.50%

UNLEVERAGED IRR11.39%

LEVERAGED IRR19.61%

Visintainer Group, on behalf of Ownership, is pleased to present the opportunity to acquirea 24,859 sf multi-tenant retail building located in Fresno, CA. This property is in one ofFresno’s premier complexes known as North Pointe Center, which includes three Class-Aoffice buildings, one medical office, and two retail buildings. North Pointe Center is positionedon the southwest corner of Palm and Herndon, where over 92,000 vehicles per day travel,the second busiest intersection in Fresno.

This property offers an investor long term stable income with upside as tenants’ leases roll-over due to being, on average, 20% under market rent. This is a pride of ownership invest-ment as the subject property is located in one of the most affluent and highly visible areasof Fresno.

PROPERTY OVERVIEW

YEAR BUILT

1991

OCCUPANCY

100%

APN

407-672-43

TRAFFIC COUNT

Palm Avenue 36,162 VPDHerndon Avenue 55,893 VPDTOTAL 92,055 VPD2nd Busiest Intersection in Fresno

ADDRESS

6731 North Palm Avenue | Fresno, CA 93704

TENANTS

Cracked Pepper, The Bar Method, Tamari,

Pinot’s Palette, Tabachines Cocina, Bella Pasta,

Georgio’s Shoe Repair, Edinhart Realty, Fringe

RENTABLE AREA

24,859 SF

ZONING

Community Commercial (C-C)

DEMOGRAPHICS

POPULATIONCurrent (2017)Projected (2022)

HOUSEHOLDS (HH)Current (2017)Projected (2022)

AVERAGE HH INCOMECurrent (2017)Projected (2022)

MEDIAN AGECurrent (2017)Projected (2022)

1 MILE14,76815,053

1 MILE5,7175,811

1 MILE$78,542$88,113

1 MILE39.440.1

3 MILES96,38799,002

3 MILES37,86738,779

3 MILES$87,202$97,599

3 MILES38.839.3

5 MILES302,432312,479

5 MILES109,006112,229

5 MILES$78,365$87,979

5 MILES33.834.5


Palm and Herndon is a major recognizable arterial inter-section in the heart of north Fresno. It allows access tothe 209-acre Palm Bluff Corporate Center (Fresno’slargest premier office complex), is less than one mile fromHighway 41, Fresno’s main freeway system connectingnorth Fresno to downtown and highways 168, 180, andState Route 99, and boasts an impressive 92,000+vehicles per day - the second busiest intersection in Fresno.

North Pointe Center is a six-building complex that offerssomething very few properties in Fresno can due to themyriad of services in one location. In the 168,094 sfcomplex, there are three office buildings, one medicaloffice, and two retail buildings with five restaurants, andnumerous retail services.

Upside for investor – when leases rollover, opportunityto increase rents due to the building having an averagelease rate of $1.33 psf NNN. Market rent for thisbuilding is $1.66 psf NNN – 20% under market.

INVESTMENT HIGHLIGHTS

HIGH IDENTITY, HIGH TRAFFIC LOCATIONWITH 92,055 VPD - 2ND BUSIEST INTER-SECTION IN FRESNO

MIXED USE CREATES A UNIQUE

EXPERIENCE IN FRESNO

TOTAL RENTS ARE 20% UNDER MARKET

CRACKED PEPPER BISTRO

Square Footage 3,740

www.crackedpepperbistro.com

Voted “Best Fine Dining” by the Fresno Chapter of the California Restaurant Association.

Owner Chef Vatche Moukhtaria’s impressive blend oflocal ingredients and passion for fine dining have helpedposition the Cracked Pepper Bistro as one of the toprestaurants in the Central Valley. Known for their freshcut steaks, craft cocktails, and award winning bread pudding,the Cracked Pepper Bistro focuses on regional cuisineusing natural, close-to-the-source ingredients andCalifornia-grown wines.

The Cracked Pepper Bistro has been a beloved establish-ment since their opening over 12 years ago. Chef Vatcheis recognized and celebrated for supporting local farmersand wineries, with 60 percent of his wine list coming fromthe nearby Paso Robles appellation.



TAMARI Robatayaki & Whisky Bar


www.tamari.co

Tamari is a fine dining Japanese restaurant that featuresexquisite cuisine and premium spirits in a communalatmosphere evoking the spirit of an Izakaya (Japanesepub) from the streets of Tokyo. There are a variety ofchoices, from traditional Japanese cuisine to contemporarycreations; unique appetizers, elegant selections of freshraw fish, along with Asian dishes with western influences.

Tamari specializes in Robatayaki, a rustic and traditionalform of Japanese grilling over charcoal. Because thereare few sauces or condiments to hide behind, robatagrilling demands the finest ingredients. Thus, Tamariprovides the freshest vegetables and seafood, the finestcuts of beef and fowl, and house-made sauces.

TABACHINES COCINA


www.tabachinescocina.com

Tabachines Cocina represents classic Mexican food – theinclusion of rich and earthy flavors of the most traditionaland complex recipes in a very simple, colorful andelegant way. Executive Chef Patricia Zarate prepareshealthy delicious dishes and presents them like a pieceof art. Ingenuity and simplicity found on the plating ofthe dishes, allows the flavors, colors and freshness toplay their own roll on the plate.

The cuisine is not only colorful, tasty, and beautiful, butit is infused with the passion of the people involved inthe preparation. The main ingredient in the food ispassion, culture.



THE BAR METHOD


www.barmethod.com

The Bar Method Fresno is a boutique fitness studiooffering barre classes for students of all levels. The sig-nature method uses your own body weight, the balletbarre and a few props to create a transformative work-out that results in long, lean sculpted muscles. Highly-trained instructors customize the exercises to ensurethey are safe and effective for any age and every body.


PINOT’S PALETTE

Square Footage 3,165 www.pinotspalette.com/fresno

Pinot’s Palette Fresno location ranks in the top 5-10%of all locations in terms of revenue.

In January 2018, Pinot’s Palette was named a 2018Top Franchise by Franchise Business Review.

Pinot’s Palette is a “paint and sip” studio that offers guestsan opportunity to enjoy adult beverages while a local artistguides guests through painting their own masterpiece.It offers a backdrop of art and entertainment which isgreat for company team building, birthday parties, datenights, or other special occasions.

What began as a fun concept in a small studio in Houston,TX has grown into a large, 150+ location franchiseoperation. The growth of the Paint and Sip industry hasbeen substantial over recent years.


GEORGIO’S

BELLA PASTA


www.bellapastausa.com

Bella Pasta Trattoria Italiana is a long-standing Fresno favorite, specializing inNorthern and Southern Italian traditionalcuisine. It has been family-owned andoperated since 1991.

Vintage Italian prints line the walls of thisvibrant, colorful and quaint restaurant.Using the finest and freshest local ingre-dients, all of Bella Pasta’s food is preparedby hand on the premises.

EDINHART REALTY


www.edinhart.com

Edinhart Realty & Design is a residentialreal estate company that caters to itsclients through its comprehensive hostof services including buying and sellingproperties, property management,and interior design services. EdinhartRealty has continually grown by addingseveral agents and interior design pro-fessionals, demonstrating its ongoingsuccess in both the real estate and interiordesign industries.

FRINGE SALON


www.fringefresno.com

Fringe is a full-service hair and beautysalon with twenty-three hair stylists andone esthetician on staff. Their team ofpassionate professionals is committedto providing an extraordinary salonexperience for every patron. Theirwell experienced and knowledgeablestylists offer an array of hair services fromhaircuts, colors, extensions, conditioningglobal keratin treatments, permanentwaves and straightening, and styling forspecial occasion events.

GEORGIO’S SHOE REPAIR


www.georgiosbottega.com

Washington Post 2018 award recipientfor one of the nation’s best leathercraftsman

Founder Georgio Sheklian startedworking on footwear in 1937. Twenty-six years later he opened his first shoerepair and shoe boutique offeringhandmade shoes. In 1980, Georgiostarted his shoe repair company. Inaddition to superb repair service, Georgioand his son, Arsen, manufacture finecrafted leather goods and accesories.

Tenant Square Feet % of Center Lease Commenced Lease Expiration Jan 2019 Rent PSF Mo Lease Type Rent Increase Date Monthly Rent Rent PSF Month

Tabachines Cocina 2,800 11.3% 6/1/2018 5/31/2023 $4,060 $1.45 NNN 6/1/2020 $4,200 $1.506/1/2021 $4,340 $1.556/1/2022 $4,480 $1.60

Cracked Pepper Bistro 3,740 15.0% 7/8/2014 7/31/2024 $3,179 $0.85 NNN 8/1/2019 $4,301 $1.158/1/2021 $4,675 $1.25

Tamari Robatayaki & Whisky Bar 3,953 15.9% 8/12/2017 7/31/2022 $5,850 $1.48 NNN 8/1/2019 $5,969 $1.518/1/2020 $6,088 $1.548/1/2021 $6,206 $1.57

8/1/2022 $6,325 $1.608/1/2023 $6,443 $1.638/1/2024 $6,562 $1.668/1/2025 $6,681 $1.698/1/2026 $6,799 $1.72

The Bar Method 4,108 16.5% 10/9/2013 12/31/2023 $5,751 $1.40 NNN 1/1/2020 $5,924 $1.441/1/2021 $6,101 $1.491/1/2022 $6,284 $1.531/1/2023 $6,473 $1.58

Pinot's Palette 3,165 12.7% 1/14/2016 7/31/2022 $4,146 $1.31 NNN 8/1/2019 $4,273 $1.358/1/2020 $4,368 $1.388/1/2021 $4,463 $1.41

Bella Pasta 1,400 5.6% 12/15/2015 1/14/2021 $1,750 $1.25 NNN

Option 1

Option 15 Yr @ 95% FMV

5 Yr @ FMV

Option 25 Yr @ 95% FMV

Option 1

5 Yr @ 95% FMVOption 2

Option 1

5 Yr @ 95% FMV

Option 1

Option 15 Yr @ FMV

33 Months (May 5, 2025) @ FMV

RENT ROLL


Tenant Square Feet % of Center Lease Commenced Lease Expiration Jan 2019 Rent PSF Mo Lease Type Rent Increase Date Monthly Rent Rent PSF Month

Fringe Salon 2,800 11.3% 12/12/2011 3/31/2022 $4,038 $1.44 NNN 4/1/2019 $4,159 $1.494/1/2020 $4,283 $1.534/1/2021 $4,412 $1.58

Edinhart Realty 1,400 5.6% 12/1/2017 11/30/2024 $2,086 $1.49 NNN 12/1/2019 $2,156 $1.5412/1/2020 $2,212 $1.5812/1/2021 $2,282 $1.6312/1/2022 $2,352 $1.6812/1/2023 $2,422 $1.73

Georgio’s Shoe Repair 1,493 6.0% 8/1/2018 11/30/2023 $2,463 $1.65 NNN 12/1/2020 $2,538 $1.7012/1/2022 $2,612 $1.75

Option 112/1/202312/1/202412/1/202512/1/202612/1/2027

$2,986$3,135$3,292$3,457$3,509

$2.00$2.10$2.21$2.32$2.35

TOTAL SF 24,859

OCCUPIED SF 24,859

VACANCY 0.0%

Option 15 Yr @ FMV

5 Yr @ FMVOption 1

RENT ROLL


Option 25 Yr @ FMV

OCCUPANCY VACANCY

100%0.0%

GEORGIO’S

CURRENT RENT VS MARKET RENT COMPARISON


Tenant

Tamari 3,953 16% $1.45 $1.75 $0.30 17%

Cracked Pepper 3,740 15% $0.85 $1.75 $0.90 51%

Fringe 2,800 11% $1.44 $1.55 $0.11 7%

Bella Pasta 1,400 6% $1.25 $1.75 $0.50 29%

Georgio’s Shoe Repair 1,493 6% $1.65 $1.65 $0.00 0%

The Bar Method 4,108 17% $1.40 $1.55 $0.15 10%

Tabachines Cocina 2,800 11% $1.45 $1.75 $0.30 17%

Edinhart Realty 1,400 6% $1.45 $1.65 $0.20 12%

Pinot’s Palette 3,165 13% $1.25 $1.55 $0.30 19%

Non-Restaurants 12,966 52% $1.41 $1.57 $0.16 11%

Restaurants 11,893 48% $1.24 $1.75 $0.51 29%

Total Center 24,859 100% $1.33 $1.66 $0.33 20%

Square Feet % of Center Lease Rate Market Rent Under Market $ Under Market %

ASSUMPTIONS


ANALYSIS PERIOD

Jan. 1, 2019 - Dec. 31, 2019

10 Years

1st Fiscal Year (”FY1”) of Ownership

Term

ANNUAL GROWTH RATES

2.00%

3.00% After First Year

Operating Expenses

Rental Growth After Initial Term

CURRENT MARKET RENT PSF

$1.75

$1.55

$1.65

3.00%

Restaurant Suites

Non-Restaurant Suites > 1,500 SF

Non-Restaurant Suites < 1,500 SF

Current Market Rent Growth for Renewals

OPERATING EXPENSES

$7.06 PSF Annual | $0.59 PSF Monthly

2.50% of Gross Operating Income

Yes

1.2520%

Total Operating Expenses

Management Fee

Property Tax Reassessed Due to Sale

Property Tax Rate

ANNUAL RESERVES

$0.15Annual Reserves

LOAN TERMS

70%

Yes

$4,392,500

$1,882,500

$68,925

$1,951,425

$291,066

$230,606

5.25%

30 Years

10 Years

1.39

6.63%

LTV

Non-Recourse

Loan Amount

Down Payment

Loan Origination Fee (1.00%+$25,000)

Initial Investment

Annual Debt Service After 3-Yr Interest Only

Annual Debt Service During 3-Yr Interest Only

Interest Rate

Amortization

Due

DCR

Loan Constant

DISPOSITION - END OF YEAR 10

Price

Cap Rate

Cost of Sale

$10,362,462

6.50%

3.00%

[1] Cracked Pepper and Bella Pasta renew at 95% of FMV and then have 3% increases thereafter.

[2] Tamari and Georgio’s Shoe Repair have set option rates per lease.

[3] FY1 Operating Expenses reflect a 2% increase on 2017 budget.

[4] Proposed loan terms provided by Alan Rurik - Broker | Capital Group, Inc. | 559-224-3100 | [email protected]. Loan quote is subject to typical due diligence, underwriting, financial strength, experience of borrower and thirdparty reports. Rates change daily.

FY1 FY1 Yr 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr 11

YEAR ENDING PSF/MO PSF/ANNUAL Dec 2019 Dec 2020 Dec 2021 Dec 2022 Dec 2023 Dec 2024 Dec 2025 Dec 2026 Dec 2027 Dec 2028 Dec 2029

POTENTIAL RENTAL INCOME $1.37 $16.41 $407,882 $423,958 $443,967 $465,031 $491,771 $537,837 $574,940 $591,987 $620,082 $653,678 $673,572

Vacancy & Credit Loss $0.00 $0.00 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

EFFECTIVE RENTAL INCOME $1.37 $16.41 $407,882 $423,958 $443,967 $465,031 $491,771 $537,837 $574,940 $591,987 $620,082 $653,678 $673,572

Expense Reimbursements $0.59 $7.06 $175,384 $179,095 $182,973 $186,945 $191,131 $195,882 $200,475 $204,627 $209,137 $213,863 $218,315

GROSS OPERATING INCOME $1.96 $23.46 $583,267 $603,053 $626,940 $651,975 $682,902 $733,719 $775,416 $796,614 $829,219 $867,541 $891,887

OPERATING EXPENSES

Real Estate Taxes ($0.26) ($3.16) ($78,565) ($80,137) ($81,739) ($83,374) ($85,042) ($86,742) ($88,477) ($90,247) ($92,052) ($93,893) ($95,771)

PGE ($0.01) ($0.13) ($3,258) ($3,323) ($3,389) ($3,457) ($3,526) ($3,597) ($3,669) ($3,742) ($3,817) ($3,893) ($3,971)

R&M ($0.07) ($0.89) ($22,120) ($22,562) ($23,013) ($23,474) ($23,943) ($24,422) ($24,910) ($25,409) ($25,917) ($26,435) ($26,964)

Fire/Life Safety ($0.00) ($0.03) ($800) ($816) ($832) ($849) ($866) ($883) ($901) ($919) ($937) ($956) ($975)

Water/Sewer/Trash ($0.07) ($0.89) ($22,236) ($22,681) ($23,134) ($23,597) ($24,069) ($24,550) ($25,041) ($25,542) ($26,053) ($26,574) ($27,106)

Management ($0.05) ($0.59) ($14,582) ($15,076) ($15,673) ($16,299) ($17,073) ($18,343) ($19,385) ($19,915) ($20,730) ($21,689) ($22,297)

Insurance ($0.01) ($0.16) ($4,043) ($4,124) ($4,207) ($4,291) ($4,377) ($4,464) ($4,553) ($4,644) ($4,737) ($4,832) ($4,929)

CAM ($0.10) ($1.20) ($29,781) ($30,377) ($30,984) ($31,604) ($32,236) ($32,881) ($33,538) ($34,209) ($34,893) ($35,591) ($36,303)

TOTAL OPERATING EXPENSES ($0.59) ($7.06) ($175,384) ($179,095) ($182,973) ($186,945) ($191,131) ($195,882) ($200,475) ($204,627) ($209,137) ($213,863) ($218,315)

NET OPERATING INCOME $1.37 $16.41 $407,882 $423,958 $443,967 $465,031 $491,771 $537,837 $574,940 $591,987 $620,082 $653,678 $673,572

6.50% 6.76% 7.08% 7.41% 7.84% 8.57% 9.16% 9.43% 9.88% 10.42%

Reserves ($0.01) ($0.15) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729) ($3,729)

Acquisition Price ($6,275,000) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0

Disposition Price $0 $0 $0 $0 $0 $0 $0 $0 $0 $10,362,462

CASH FLOW BEFORE DEBT SERVICE ($6,275,000) $404,153 $420,229 $440,238 $461,302 $488,042 $534,108 $571,211 $588,258 $616,353 $10,701,538

6.44% 6.70% 7.02% 7.35% 7.78% 8.51% 9.10% 9.37% 9.82%

Interest Payment ($230,606) ($230,606) ($230,606) ($229,130) ($225,799) ($222,289) ($218,590) ($214,692) ($210,584) ($206,256)

Principal Payment $0 $0 $0 ($61,937) ($65,268) ($68,778) ($72,477) ($76,375) ($80,482) ($84,811)

Annual Debt Service ($230,606) ($230,606) ($230,606) ($291,067) ($291,067) ($291,067) ($291,067) ($291,067) ($291,067) ($291,067)

CASH FLOW AFTER DEBT SERVICE ($1,951,425) $173,547 $189,622 $209,632 $170,235 $196,976 $243,041 $280,145 $297,192 $325,287 $6,528,098

8.89% 9.72% 10.74% 8.72% 10.09% 12.45% 14.36% 15.23% 16.67%

Bella Pasta (Jan) Tamari (July) Tabachines (May)

Pinot Palette (July) Georgio's (Nov)

[1] Taxes are 1.2520% of list price, $6,275,000 Fringe Salon (Mar) Bar Method (Dec) Edinhart (Nov)

[2] Management is 2.50% of Gross Operating Income

[3] FY1 Expenses reflect 2.0% increase from 2017 expenses, except taxes and management

[4] Loan terms - Non-recourse, 70% LTV, 5.25% interest rate, 3 year interest only, 30 year amortization, Due in 10 years, $25k + 1% loan fee, 1.39 DCR

Tenant Leases Expirations During Each Year

FISCAL YEAR (FY) OF OWNERSHIP

CAP RATE

UNLEVERAGED CASH ON CASH

LEVERAGED CASH ON CASH

Cracked Peppper(July)

CASH FLOW


UNLEVERAGEDIRR

11.39%

LEVERAGEDIRR

19.61%

NORTH POINTECENTER

(Buildings Not A Part of Sale)

M O D E S T OCALIFORNIA

B A K E R S F I E L DCALIFORNIA

S A N J O S ECALIFORNIA

S A C R A M E N T OCALIFORNIA

S A N F R A N C I S C OCALIFORNIA

L O S A N G E L E SCALIFORNIA

R E N ONEVADA

S A N D I E G OCALIFORNIA

Distance to Major Cities

95 MILES

108 MILES

150 MILES

173 MILES

187 MILES

217 MILES

299 MILES

338 MILES

FWY41

FWY41

Merced

Sacramento

OaklandSan Francisco Modesto

San Jose

Stockton

HanfordLemoore

Visalia

Tulare

Los Angeles

San Diego

Riverside

San Bernardino

Bakersfield

N

MaderaFresno-Clovis

N PALM AVENUE - 36,162 VPD

2nd busiest intersection in Fresno with 92,055 VPD

SUBJECT PROPERTY


W HERNDON AVENUE - 55,893 VPD

1

2

3

4

5

7090 North Palm Avenue




7080 West Palmdon Drive

LEASE COMPARABLES

ADDRESS

Dutch Brothers Coffee

Steinway Piano

Butterfish

Venus Nails

Ike’s

TENANT

1,600

4,100

2,500

2,197

1,502

SF

$3.75

$2.75

$3.00

$3.00

$2.95

RENT

NNN

NNN

NNN

NNN

NNN

LEASE TYPE

May 2016

September 2017

March 2017

June 2018

May 2018

DATE

5

1 2 3 4


SALE COMPARABLES

6717 N Riverside Dr | Fresno, CA

$4,266,667 | $656 PSF

6,500 SF

5.85%

Chronic Tacos, AAA

Address

Sale Price

SF

Cap Rate

Tenants

663 W Nees Ave | Fresno, CA

$5,400,000 | $431 PSF

12,536 SF

6.00%

Security First Bank, GuaranteeReal Estate, Scottrade

Address

Sale Price

SF

Cap Rate

Tenants

6731 N Palm Avenue | Fresno, CA

$6,275,000 | $252 PSF

24,859 SF

6.50%

Cracked Pepper, Pinot's Palette,The Bar Method, Bella Pasta,

Tabachines Cocina, Tamari, Fringe,Edinhart Realty, Georgio’s Shoe Repair

Address

Sale Price

SF

Cap Rate

Tenants

SUBJECT PROPERTY


5776 N Blackstone Ave | Fresno, CA

$5,475,000 | $593 PSF

9,231 SF

6.00%

Dickey’s BBQ, Jersey Mike’s Subs,Access Dental, United Security Bank,

Nails & Spa, Kenji’s

Address

Sale Price

SF

Cap Rate

Tenants

Fresno is the 5th largest city in California with a population of 515,986

200 miles north of Los Angeles and 170 miles south of Sacramento

California State University, Fresno was listed on Forbes “America’s

Best College List of 2016”

As of 2015 the enrollment is 24,135 for undergraduates, graduates,

and post-baccalaureate

Home of the Houston Astros AAA affiliate, the Fresno Grizzlies

Southern entrance to Yosemite National Park - 65 miles to the north

Richest and most productive agricultural county in the world, grossing

over $6.6 billion from 350 crops+ (2015)

Fresno boasts a diverse food service economy that has been a test

market for several years complementing the culinary industry with

locally grown food products

500+ trucking & warehousing firms operate in the area due to the

central location in the state of California

Some of the top businesses in Fresno recognized worldwide are:

Quickie Design – Largest wheelchair manufacturer worldwide

Pelco – Worldwide distributor of surveillance equipment

Duncan Enterprises – Worlds largest ceramics manufacturer

ECONOMY

FRESNO COUNTY | CALIFORNIA


Any information provided with this Offering Memorandum shall be considered strictly confidential at all times. As an express conditionof you receiving and reviewing this Offering Memorandum you agree to treat its contents confidential and to ensure that anyone youprovide this information, in whole or in part, agrees to keep the contents strictly confidential as well. We reserve the right to issueyou a recall notice, in which case you agree to return this information to us and to recover and transmit any copies you have furnishedto other parties, including prospective purchasers.

You also understand that the information in this Offering Memorandum is being provided in good faith and largely using informationprovided by our client or public resources, and that in no way to do we verify or guarantee the ultimate accuracy of informationcontained herein, including without limitation: values of properties; square footage; zoning or land use; actual versus projected NOIfigures; the strength or intentions of any tenant; any condition of title; area tenants or tenant mixes; comparable sales; land bordersor boundaries; the existence or absence of any hazardous materials or substances; the topography or suitability of land for constructionor expansion; and/or the coverage, duties or limitations imposed by any CC&Rs, DDAs, REAs or otherwise.

You and your client’s due diligence (once in escrow) is the opportunity you have to complete a final verification of any informationyou determine is necessary for vetting the property or properties and you may not rely on information in this Offering Memorandum.

You also understand that this Offering Memorandum contains abbreviated or summary versions of key facts or data and are notintended to be comprehensive or all-inclusive list of information. No warranty or representation, expressed or implied, is made bythe owner, the agent, the broker of record or our company as to the accuracy of the information contained herein or any otherwritten or oral communications.

We expressly disclaim any liability connected with the information or other communications made in the course of listing, negotiating,escrow, closing or post-closing.

This Offering Memorandum is subject to modification, rescission, termination or withdrawal, with or without notice. It is not deemedto be an offer to sell any property. The property owner or owners shall have no legal commitment or obligation to any interestedparty reviewing this Offering Memorandum to accept an offer or respond to an offer.

DISCLAIMER AND DISCLOSURE AGREEMENT

9 River Park Place EastSuite 440Fresno, CA 93720

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North Pointe Retail Center - LoopNet › d2 › MHkT7hh7WfyvgrTs4WiJgV2... · 2018-10-29 · global keratin treatments, permanent waves and straightening, and styling for special