Offering Memorandum

5334 WALNUT AVENUES A C R A M E N T O , C A 9 5 8 4 1

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

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The 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 be made

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 prospective purchasers, 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 not made 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 square footage 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 the improvements 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 this Marketing 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

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herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

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5334 WALNUT AVENUE

Sacramento, CA

ACT ID ZAA0030265

2

INVESTMENT

OVERVIEW

5334 WALNUT AVENUES A C R A M E N TO , C A 9 5 8 4 1

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OFFERING SUMMARY

Price $335,000

Down Payment 100% / $335,000

Loan Type All Cash

Lot Size (SF) 47,916

Price/SF $6.99

Lot Size (Acres) 1.1 acre(s)

Price/Acre $304,545

Price/Unit $0

Number of Lots 1

Type of Ownership Fee Simple

E X E C U T I V E S U M M A R Y

O F F E R I N G P R I C E

$335 ,000

I N V E S T M E N T O V E R V I E W

Marcus & Millichap is pleased to present the sale of a development opportunity located at

5334 Walnut Avenue, Sacramento, CA 95841 . The subject property consists of a vacant

1.10 acre parcel of land that is ideally situated along Walnut Avenue, near the Auburn Blvd

& Madison Avenue intersection.

The 47,916 Sqft parcel presents an investor with the rare opportunity to acquire vacant

commercial land within a densely populated region of Sacramento. The parcel is zoned LC

RD-20, with the highest and best use being residential development. Additionally the

property is located less than a mile away from Interstate 80.

Highlights:

- Development Opportunity

- Zoned RD-20 LC

- 1.10 Acre Parcel

- Within Close Proximity to The Auburn Blvd & Madison Ave Intersection

A E R I A L M A P

R E G I O N A L M A P

MARKET

OVERVIEW

5334 WALNUT AVENUES A C R A M E N TO , C A 9 5 8 4 1

OFFICES NATIONWIDE AND THROUGHOUT CANADA

WWW.MARCUSMILLICHAP.COM

The Sacramento-Roseville-Arden-Arcade metro is located in the middle of the 400-mile-long

Central Valley of California and is composed of four counties: Sacramento, El Dorado, Placer

and Yolo. It contains nearly 2.3 million people and unlike the nearby San Francisco Bay

Area, Sacramento is seismically quiet.

Sacramento, home of the state capitol, is the most populous city, with approximately

498,000 residents, followed by Elk Grove and Roseville with 168,000 and 133,000,

respectively. During the next five years, a more affordable cost of living and infill

redevelopment projects will help draw businesses and residents to the area.

S A C R A M E N TO O V E R V I E W

METRO HIGHLIGHTS

SOLID JOB CREATIONLower costs than nearby metros attract businesses and drive job

creation above the U.S. level. Many commuters into the Bay Area

also reside in the area.

POPULATION GROWTHEmployment opportunities and redevelopment efforts will contribute

to Sacramento’s population growth being above the national

average.

LOW COST OF LIVINGSacramento’s median home price is more affordable than many

other nearby California metros.

S A C R A M E N TO O V E R V I E W

ECONOMY▪ Sacramento is home to the state capitol, making the government sector important to the region’s economy, though less so

than in the past as the economy diversifies.

▪ Sacramento’s seismic stability and low business costs compared with the region attract major corporations seeking to

establish operations. Among these are Intel Corp., Apple Computer and Siemens Mobility.

▪ DHL and United Parcel Service use the former Mather Air Force Base to ship freight. The former McClellan Air Force Base

is now an industrial park and includes tenants such as Northrop Grumman and J.C. Penney.

MAJOR AREA EMPLOYERS

California State University Sacramento

Sutter Health

Kaiser Permanente

Raley’s Inc.

Intel Corp.

Catholic Healthcare West/ Mercy Healthcare

University of California Davis

UC Davis Medical Center

GenCorp

Wells Fargo * Forecast

SHARE OF 2018 TOTAL EMPLOYMENT

MANUFACTURING4%

GOVERNMENT

HEALTH SERVICESEDUCATION AND

+OTHER SERVICES 3%

LEISURE AND HOSPITALITY FINANCIAL ACTIVITIES

16%AND UTILITIES

TRADE, TRANSPORTATION CONSTRUCTION

PROFESSIONAL ANDBUSINESS SERVICES

1%INFORMATION

13%

6%

25% 11% 5%

16%

DEMOGRAPHICS

SPORTS

EDUCATION

ARTS & ENTERTAINMENT

▪ The metro is expected to add nearly 162,000 people over the next five years, resulting in the formation of nearly 70,000 households.

▪ A median home price well above the national median has produced a homeownership rate of 59 percent, compared with the national rate of 64 percent.

▪ Among residents age 25 and older, 31 percent hold bachelor’s degrees and 11 percent also have a graduate or professional degree.

Residents and visitors to Sacramento can enjoy many recreational activities. The region is home to professional sports teams such as

the Kings (NBA), Republic FC, Sirens (IWFL) and the River Cats. A short drive away is some of the world’s finest wine-producing

regions: the Napa, Sonoma and Alexander valleys. Sacramento is also just a short distance from Lake Tahoe and it’s popular ski

resorts. The area offers various cultural opportunities including the ballet, opera, museums, a zoo and music festivals. In addition to

four community colleges, there are two universities located in the region: California State University, Sacramento, and University of

California, Davis. Housing is relatively affordable in the metro compared with the Bay Area, drawing many residents and businesses.

QUALITY OF LIFE

3

* Forecast

Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau

5334 WALNUT AVENUE

2018 Population by Age

0-4 YEARS6%

5-19 YEARS20%

20-24 YEARS7%

25-44 YEARS27%

45-64 YEARS26%

65+ YEARS15%

37.4

2018MEDIAN AGE:

U.S. Median:

38.0

$64,700

2018 MEDIAN HOUSEHOLD INCOME:

U.S. Median:

$58,800

2.3M

2018POPULATION:

Growth2018-2023*:

7.0%

850K

2018HOUSEHOLDS:

8.2%

Growth2018-2023*:

D E M O G R A P H I C S C r e a t e d o n M a y 2 0 1 9

POPULATION 1 Miles 3 Miles 5 Miles▪ 2023 Projection

Total Population 21,564 158,758 369,250▪ 2018 Estimate

Total Population 21,859 159,389 367,163▪ 2010 Census

Total Population 20,598 150,991 347,918▪ 2000 Census

Total Population 21,457 152,163 343,073▪Daytime Population

2018 Estimate 21,784 133,316 311,445

HOUSEHOLDS 1 Miles 3 Miles 5 Miles▪ 2023 Projection

Total Households 8,955 62,257 144,162▪ 2018 Estimate

Total Households 8,957 61,493 141,399Average (Mean) Household Size 2.42 2.55 2.56

▪ 2010 CensusTotal Households 8,341 57,731 132,766

▪ 2000 CensusTotal Households 8,877 59,076 133,081

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

$250,000 or More 0.90% 1.40% 2.00%$200,000 - $249,999 0.61% 1.07% 1.36%$150,000 - $199,999 2.94% 3.55% 4.18%$125,000 - $149,999 2.46% 3.90% 4.63%$100,000 - $124,999 4.92% 7.57% 8.52%$75,000 - $99,999 9.97% 12.51% 13.32%$50,000 - $74,999 17.94% 19.72% 19.72%$35,000 - $49,999 15.41% 15.10% 14.06%$25,000 - $34,999 12.79% 11.32% 10.63%$15,000 - $24,999 13.81% 10.51% 10.00%Under $15,000 18.26% 13.35% 11.56%

Average Household Income $54,152 $65,896 $72,832Median Household Income $39,855 $49,658 $54,351Per Capita Income $22,305 $25,590 $28,198

D E M O G R A P H I C S C r e a t e d o n M a y 2 0 1 9

POPULATION PROFILE 1 Miles 3 Miles 5 Miles▪ Population by Age

0 to 4 Years 7.17% 6.70% 6.47%5 to 14 Years 12.46% 12.69% 12.67%15 to 17 Years 3.49% 3.70% 3.81%18 to 19 Years 2.17% 2.26% 2.32%20 to 24 Years 7.21% 6.52% 6.37%25 to 29 Years 9.68% 7.97% 7.75%30 to 34 Years 8.44% 7.26% 7.19%35 to 39 Years 6.62% 6.18% 6.26%40 to 49 Years 11.49% 11.52% 11.98%50 to 59 Years 12.87% 13.49% 13.84%60 to 64 Years 5.30% 5.74% 5.87%65 to 69 Years 4.15% 4.78% 5.04%70 to 74 Years 3.11% 3.48% 3.45%75 to 79 Years 2.45% 2.85% 2.61%80 to 84 Years 1.79% 2.22% 2.02%Age 85+ 1.60% 2.61% 2.36%Median Age 34.60 37.26 37.67

POPULATION PROFILE 1 Miles 3 Miles 5 Miles▪ Population 25+ by Education Level

2018 Estimate Population Age 25+ 14,755 108,590 251,011Elementary (0-8) 4.05% 3.74% 3.27%Some High School (9-11) 7.55% 7.22% 6.79%High School Graduate (12) 28.57% 27.65% 25.63%Some College (13-15) 28.71% 29.32% 29.48%Associate Degree Only 11.07% 10.35% 10.43%Bachelors Degree Only 11.70% 13.81% 15.62%Graduate Degree 6.19% 6.54% 7.47%

D E M O G R A P H I C S

IncomeIn 2018, the median household income for your selected geography is $39,855,

compare this to the US average which is currently $58,754. The median household

income for your area has changed by 20.02% since 2000. It is estimated that the

median household income in your area will be $44,410 five years from now, which

represents a change of 11.43% from the current year.

The current year per capita income in your area is $22,305, compare this to the US

average, which is $32,356. The current year average household income in your area

is $54,152, compare this to the US average which is $84,609.

PopulationIn 2018, the population in your selected geography is 21,859. The population has

changed by 1.87% since 2000. It is estimated that the population in your area will

be 21,564.00 five years from now, which represents a change of -1.35% from the

current year. The current population is 47.97% male and 52.03% female. The

median age of the population in your area is 34.60, compare this to the US average

which is 37.95. The population density in your area is 6,949.78 people per square

mile.

HouseholdsThere are currently 8,957 households in your selected geography. The number of

households has changed by 0.90% since 2000. It is estimated that the number of

households in your area will be 8,955 five years from now, which represents a

change of -0.02% from the current year. The average household size in your area is

2.42 persons.

EmploymentIn 2018, there are 7,579 employees in your selected area, this is also known as the

daytime population. The 2000 Census revealed that 62.00% of employees are

employed in white-collar occupations in this geography, and 37.37% are employed in

blue-collar occupations. In 2018, unemployment in this area is 5.21%. In 2000, the

average time traveled to work was 28.00 minutes.

Race and EthnicityThe current year racial makeup of your selected area is as follows: 66.68% White,

11.23% Black, 0.60% Native American and 5.23% Asian/Pacific Islander. Compare

these to US averages which are: 70.20% White, 12.89% Black, 0.19% Native

American and 5.59% Asian/Pacific Islander. People of Hispanic origin are counted

independently of race.

People of Hispanic origin make up 18.18% of the current year population in your

selected area. Compare this to the US average of 18.01%.

HousingThe median housing value in your area was $190,599 in 2018, compare this to the

US average of $201,842. In 2000, there were 3,606 owner occupied housing units in

your area and there were 5,272 renter occupied housing units in your area. The

median rent at the time was $565.

Source: © 2018 Experian

TRAFFIC COUNT

YEAR COUNT

2015 47,933

2013 20,367

2009 1,633

M A R K E T O V E R V I E W