Capi ta l Markets | Inves tment Proper t ies

FOR SALE - INVESTMENT PROPERTY

2350-2360 EL CAMINO REALSANTA CLARA, CA 95050

AFFILIATED BUSINESS DISCLOSURE AND CONFIDENTIALITY AGREEMENT

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum.

This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its

contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc.

If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

© 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

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CONTACT US

BOB BOWER

2 3 5 0 - 2 3 6 0 E L C A M I N O R E A L

T A B L E O F C O N T E N T S

Vice President1.408.453.7468marie.anderson@cbre.comLic. 00919144

TABLE OF CONTENTS

RETAIL MAP PAGE 4

OFFERING PAGE 5

SALE COMPS PAGE 6-8

LEASE COMPS PAGE 9

TENANT INFO & SITE PHOTOS PAGE 10

STREET MAP PAGE 11

PARCEL MAP PAGE 12

TRAFFIC COUNTS / DEMOGRAPHICS

PAGE 13

Senior Vice President1.408.453.7435bob.bower@cbre.comLic. 00605033

MARIE ANDERSONTouring is by appointment only. Please contact Listing Broker for touring.

DO NOT DISTURB TENANT ALL COMMUNICATIONS MUST BE THRU LISTING BROKERS

Exceptional El Camino Real, Santa Clara, California Location

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R E T A I L M A P

RETAIL MAP

5O F F E R I N G

TENANT GP SPORTS, INC.

CORPORATE CREDIT PRIVATE

GUARANTOR GP SPORTS INC, A DELAWARE CORP

YEAR BUILT 1954

LOT SIZE ± 21,500 SQUARE FEET

BUILDING SIZES ± 4,017 & ± 6,800 SQUARE FEET

APN# 290-08-137 01 & 290-08-137 02

ZONING CT COMMERCIAL THOROUGHFARE

LEASE

LEASE TYPE GROSS LEASE

INITIAL TERM 1/1/2013 – 12/31/2017

LEASE TERM 5 YEAR LEASE

RENT SCHEDULE

YEAR ONE $11,000.00

YEAR TWO $11,330.00

YEAR THREE $11,670.00

YEAR FOUR $12,020.00

YEAR FIVE $12,380.00

CURRENT RENT STATUS MONTH TO MONTH

EXTENSIONS NO OPTIONS TO EXTEND

OFFERING

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INVESTMENT OVERVIEW:

• The current tenant is on a Month to Month basis. The tenant lease term expired on 12/31/17. The current rent is $1.14 Gross Rent per square foot.

• Comps for this highly sought after corridor are ranging from $1.50+NNN which provides Significant Investment Upside.

• The property is being purchased as-is.

• The 21,500 SF Lot potentially provides future development opportunities.

• The property is ideal for an Owner User looking to promote their business with tremendous street exposure, incredible traffic counts and great demographics.

• See Sale Comps (pages 6, 7 and 8).

• See Lease Comps (page 9).

Note: The Tenant has shown high interest in remaining at the property and negotiating a new lease.

Building Size

Monthly Proforma Rent per SF

Annual Proforma Rent

Annual NOI Market Cap

10,817 $1.50 $18.00 $194,706 5.0%

• The Proforma Asking Price is $3,894,000 at $360 per SF

6S A L E S C O M P S

SALES COMPS

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7S A L E S C O M P S

SALES COMPS

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8S A L E S C O M P S

SALES COMPS

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LEASE COMPS

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Santa Clara County Retail Lease Transactions: 3,000 - 15,000 SF, $16.80 - $22.20 PSF)

City Site Tenant Size (sf) Rent ($ psf/year) Column1 Transaction DateLease Term (months) TIA

Delivery Conditions Lease Type

Morgan Hill Cochrane Commons ULTA 9,033 $17.00 $1.42 Unknown 120 Turn Key NNN

Milpitas Foothill Square Showroom Lumber Liquidators 8,550 $18.50 $1.54 3/22/2017 84 Turn Key NNN

San Jose 1653 W San Carlos St Exclusive Wireless 3,200 $21.60 $1.80 1/31/2017 60 NNN

San Jose Evergreen Village Square Caspian Village 3,373 $18.00 $1.50 1/1/2017 120 NNN

San Jose Southgate Center O'Reilly Auto Parts 7,500 $19.80 $1.65 1/1/2017 180 NNN

San Jose Cambrian Park Plaza Titans Baseball 3,010 $18.12 $1.51 8/23/2016 12 As-Is NNN

Cupertino 20580 Homestead Rd Pet Club 10,652 $21.60 $1.80 8/10/2016 120 $35.00 NNN

Campbell 800-814 Bascom Ave, S. BW Academy 4,800 $19.20 $1.60 4/8/2016 120 $20.00 NNN

San Jose 14918 Camden Ave Push DT 3,065 $17.04 $1.42 2/8/2016 16 As-Is NNN

San Jose Sun Garden Shopping Center Teletron 12,800 $19.20 $1.60 8/20/2015 120 $20.00

Campbell 2280 Bascom Ave Geared Fore Golf 4,814 $21.00 $1.75 6/1/2015 36 NNN

San Jose 1375 Blossom Hill Rd Planet Fitness 13,776 $22.00 $1.83 5/1/2015 120 $20.00 NNN

Santa Clara 4595 Stevens Creek Blvd America's Tire Company 7,000 $21.05 $1.75 1/1/2015 60 NNN

San Jose 1830 Hillsdale Ave Pump It Up 11,053 $18.00 $1.50 12/1/2014 120 As-Is NNN

San Jose Branham CenterWorld Class Tae Kwon Do, Inc. 3,961 $17.40 $1.45 6/16/2014 60 NNN

San Jose 858 Blossom Hill Rd Sleep Train 9,975 $22.14 $1.85 6/5/2014 60 $5.00 NNN

San Jose 210 First St S Black Bird Tavern 3,333 $18.00 $1.50 12/1/2012 60 As-Is NNN

Milpitas 1191 Calaveras Blvd E Leslie's Poolmart 3,803 $18.96 $1.58 11/1/2012 60 As-Is NNN

San Jose 2227 Alum Rock Ave Meat & Produce Market 4,200 $18.00 $1.50 2/16/2012 48 NNN

Los Altos 4898 El Camino Real Futon Shop 3,480 $18.00 $1.50 1/20/2012 84 NNN

San Jose 1181 Story Rd Kenny Chan 5,000 $19.20 $1.60 9/1/2011 60 NNN

San Jose 66 First St S Nemea Greek Taverna 5,800 $18.00 $1.50 9/1/2011 84 NNN

Morgan Hill 16060 Monterey Rd SalonCentric 3,158 $19.20 $1.60 9/1/2011 60 As-Is NNN

Santa Clara 3939 Stevens Creek Blvd Starving Musician 8,353 $21.60 $1.80 6/21/2011 120 NNN

San Jose 1600 Saratoga AveThe Salon Professional Academy 8,315 $18.00 $1.50 11/18/2010 78 $25.00 NNN

San Jose 970 Bascom Ave S Ca Sports Club Inc 11,078 $16.80 $1.40 1/29/2009 84 As-Is NNN

Sunnyvale 1302 Mary Ave PinePress 3,609 $19.20 $1.60 12/1/2008 60 NNN

Mountain View 607 Dana St W Krillion 3,667 $20.40 $1.70 6/6/2008 18 NNN

Morgan Hill Hwy 101 & Cochrane Ave DSW Shoe Warehouse 14,500 $21.00 $1.75 11/19/2007 120 $17.00 NNN© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance onthis information is solely at your own risk. be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

10T E N A N T I N F O & S I T E P H O T O S

TENANT INFO & SITE PHOTOS

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Grand Prix Power Sports business is an All Terrain Vehicle (ATV) business that sells utility vehicles, new & used motorcycles, personal watercraft, scooters and power equipment.

Grand Prix Power Sports also services Sport Bikes, ATVs, Motorcycles and More throughout the San Francisco Bay Area. Grand Prix will get your ATV, Kawasaki Motorcycles, personal watercraft or UTV back on the road quickly! They service Kawasaki, Yamaha, Suzuki, or a Sea-Doo’s , and their service technicians perform the service, repair or maintenance to get the power sports vehicle moving again.

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STREET MAP

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PARCEL MAP

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290-08-137 02

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TRAFFIC COUNTS / DEMOGRAPHICS

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T R A F F I C C O U N T S / D E M O G R A P H I C S

DEMOGRAPHICSTRAFFIC COUNTSel Camino Real ADT 27,500 San Tomas Expy

San Tomas Expy ADT 46,950 Warburton Ave

el Camino Real AADT 28,000 Mc Cormick Dr

Los Padres Blvd ADT 5,527 Susan Dr

San Tomas Expy ADT 49,940 Benton St

Benton St ADT 10,540 Maryann Dr

Scott Blvd MPSI Estimate 25,000 el Camino Real

Los Padres Blvd ADT 4,446 Menzel Pl

el Camino Real ADT 32,040 Bowers Ave

Cabrillo Ave ADT 2,833 Graham Ln

el Camino Real AADT 27,500 Pierce St

Cabrillo Ave ADT 6,270 Hoover Dr

San Tomas Expy ADT 52,106 Benton St

Scott Blvd ADT 19,201 Benton St

Benton St ADT 10,353 Sonoma Pl

Bowers Ave ADT 14,230 Fargher Dr

Warburton Ave MPSI Estimate 7,000 Palm View Pl

Scott Blvd ADT 17,937 Royal Dr

Kiely Blvd ADT 12,640 Orthello Way

el Camino Real ADT 36,530 Alpine Ave

San Tomas Expy ADT 56,910 Monroe St

Homestead Rd ADT 10,341 Kolb Pl

Monroe St ADT 11,576 Scott Blvd

Benton St ADT 8,430 Chapel Dr

Cabrillo Ave ADT 577 Scott Blvd

Lincoln St ADT 5,136 Catherine St

Homestead Rd ADT 12,330 Lippert Pl

Monroe St ADT Manual 17,163 San Tomas Expy

San Tomas Expy ADT 41,210 Homestead Rd

Population

2017 Population - Current Year Estimate 32,486 194,507 598,463

2022 Population - Five Year Projection 34,528 205,680 638,565

2010 Population - Census 29,572 178,008 532,970

2000 Population - Census 29,362 169,044 487,960

2010-2017 Annual Population Growth Rate 1.30% 1.23% 1.61%

2017-2022 Annual Population Growth Rate 1.23% 1.12% 1.31%

Household Income

2017 Households 11,720 72,376 223,188

Under $15,000 911 4,600 15,628

$15,000-$24,999 728 4,081 12,894

$25,000-$34,999 857 4,043 12,168

$35,000-$49,999 1,190 6,033 17,904

$50,000-$74,999 1,753 10,260 30,100

$75,000-$99,999 1,698 9,767 28,354

$100,000-$149,999 2,102 13,936 41,784

$150,000-$199,999 1,240 8,359 26,509

$200,000 and Over 1,241 11,298 37,846

2017 Average Household Income $103,316 $121,455 $126,228

2022 Average Household Income $121,245 $140,370 $145,176

2017 Median Household Income $79,903 $91,953 $94,093

2022 Median Household Income $91,024 $104,242 $106,259

2017 Per Capita Income $37,736 $45,849 $47,598

2022 Per Capita Income $44,107 $52,638 $54,503

Capi ta l Markets | Inves tment Proper t ies

CONTACT US

Vice President1.408.453.7468marie.anderson@cbre.comLic. 00919144

MARIE ANDERSON

Senior Vice President1.408.453.7435bob.bower@cbre.comLic. 00605033

BOB BOWER