JESSE MILLMAN | 408.982.8459 jmillman@newmarkccarey.com

CA RE License #0173474

SHAWN KELLENBERGER | 408.987.4170 shawnk@newmarkccarey.com

CA RE License #01706215

DOWNTOWN MOUNTAIN VIEW | CA

855-867 W. EL CAMINO REAL

Re t a il Inves tment Oppor tuni t y

OFFERING SUMMARY

Newmark Knight Frank, as exclusive advisor, is pleased to present the opportunity to acquire 855-867 W. El Camino Real (the “Property”), a ±2,700 square foot retail investment opportunity in Downtown Mountain View, California. This fully leased investment provides a buyer the opportunity to own a prestigious property with in-place income in one of the strongest markets in Silicon Valley. In addition, this is also a one of a kind opportunity for an owner/user to buy a small building in a premier location.

BUILDING2,700 SF

LOT7,125 SF

ZONINGPlanned Community

El Camino Precise Plan Castro/Miramonte Area

APN189-01-143189-01-144

- 2 -

Investment Highlights

JESSE MILLMAN | 408.982.8459 SHAWN KELLENBERGER | 408.987.4170

Fully Leased (expiring tenants willing to extend)

Long-term occupancy of

current tenants

Owner/User opportunity

(75% potentially vacant in 2018)

Development potential

(http://www.mountainview.gov/civicax/filebank/blobdload.

aspx?BlobID=15251)

Premier Downtown Mountain View

location

MARKET INFORMATION

- 3 -

ASKING RENT LEVELS AND ANNUAL GROWTH

ASKING RENT VS. VACANCY RATE

2011 2012 2013 2014 2015 2016 2017

$ 2 .50

$ 2 .89

$ 3.27

$ 3.66

$ 4.05

-5.0%

0.0%

5.0%

10.0%

Re

nt

Pe

r S

F

An

nu

al R

en

t Gro

wth

Rent Growth Y/Y

Asking Rent

Market Asking Rent

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

2011 2012 2013 2014 2015 2016 2017

Asking Rent/SF Vacancy %

Asking Rent/SF

Vacancy %

JESSE MILLMAN | 408.982.8459 SHAWN KELLENBERGER | 408.987.4170

FINANCIALS

RENT ROLL

TENANT NAME MONTHLY RENT ANNUAL RENT DEPOSIT LEASE START LEASE EXPIRATION

Shang Hai Taste Delight $ 3,800 $ 45,600 $ 2,000 05/01/1998 07/31/2018

Cell Phone Repair CPR $ 2,430 $ 29,160 $ 2,500 08/01/2008 07/31/2018

Liu Ling - Acupuncture $ 1,555 $ 18,664 $ 870 06/01/2004 05/31/2018

Ann Tran Hair Salon $ 2,478 $ 29,736 $ 1,000 01/20/1999 04/30/2020

Total $ 10,263 $ 123,160 $ 6,300

- 4 -

NOI:Cap Rate:Price:

$123,160 4.56%

$2,699,000

AMENITIES MAP

27

3

1

26

25

282

32

4

242 23

2221

1920

16 1530

31118

17

5

13

1211

142

5

4

3

16

78

910

29

33

CAST

RO S

T

CHURCH ST

CALD

ERO

N A

VE

W DANA ST

W EVELYN AVE

CENTRAL EXPY

CALIFORNIA ST

FRA

NKL

IN S

T

VILLA ST

MERCY STPA

LO A

LTO

AVE

MO

UN

TAIN

VIE

W A

VES

SHO

RELI

NE

BLVD

VIEW

ST

HO

PE S

T

MA

RIPO

SA A

VE

EL

MO

NT

E A

VE

EL CAMINO REAL

85

1. Tied House Chez TJ2. Verde Tea Cafe3. Little Sheep Vaso Azzurro Xanh Oren’s Hummus Shop Shell Shock4. Asian Box Blue Line Pizza Bushido Droppio Zero5. Amarin Thai Cuisine Agave Mexican Bistro6. Olympus Ca�e & Bakery Hong Kong Bistro Fu Lam Mum7. Ephesus Eureka!

RESTAURANTS

HOTELS1. SuiteAmerica2. Americas Best Value Inn

SERVICES1. Ava’s Downtown Market & Deli2. Bank of America3. Wells Fargo Bank4. Shell5. CVS

STATIONS

8. Bangkok Spoon9. Fiesta Del Mar Too Verde Tea Kitchen10. Alexander Patisserie Pokeworks Ristorante Don Giovanni11. Drunken Lobster Shezan Pho Hoa12. Kappo Nami Nami13. Taqueria Los Charros Park Balluchi Srasa Kitchen14. Steins Beer Garden Pho To Chau15. Niji Sushi16. La PanotiQ Bakery Cafe Cafe Baklava17. Crepevine

18. Omelette House @ Ava’s19. Maru Ichi Shiva’s Indian20. Rumble Fish Sakoon Bierhaus21. Cascal22. Scratch23. Casa Lupe The Grill Story Kirin24. Bean Scene Cafe25. Masa Sushi Le Boulanger Mahalo Bowl The Phoenix Mediterranean Grill House26. Starbucks Amici’s East Coast Pizzeria

27. Morocco’s28. Chennai Kings29. La Fiesta30. Shalala31. Sushi Tomi32. Frankie Johnnie & Luigi Too33. Panera Bread

1. Tied House Chez TJ2. Verde Tea Cafe3. Little Sheep Vaso Azzurro Xanh Oren’s Hummus Shop Shell Shock4. Asian Box Blue Line Pizza Bushido Droppio Zero5. Amarin Thai Cuisine Agave Mexican Bistro6. Olympus Caffe & Bakery Hong Kong Bistro Fu Lam Mum7. Ephesus Eureka!8. Bangkok Spoon9. Fiesta Del Mar Too Verde Tea Kitchen10. Alexander Patisserie Pokeworks Ristorante Don Giovanni11. Drunken Lobster Shezan Pho Hoa12. Kappo Nami Nami13. Taqueria Los Charros Park Balluchi Srasa Kitchen14. Steins Beer Garden Pho To Chau15. Niji Sushi16. La PanotiQ Bakery Cafe Cafe Baklava17. Crepevine18. Omelette House @ Ava’s19. Maru Ichi Shiva’s Indian20. Rumble Fish Sakoon Bierhaus21. Cascal22. Scratch

23. Casa Lupe The Grill Story Kirin24. Bean Scene Cafe25. Masa Sushi Le Boulanger Mahalo Bowl The Phoenix Mediterranean Grill House26. Starbucks Amici’s East Coast Pizzeria27. Morocco’s28. Chennai Kings29. La Fiesta30. Shalala31. Sushi Tomi32. Frankie Johnnie & Luigi Too33. Peet’s Coffee

1. Ava’s Downtown Market & Deli2. Bank of America3. Wells Fargo Bank4. Shell5. CVS

1. SuiteAmerica2. Americas Best Value Inn

RESTAURANTS RESTAURANTS

SERVICES

HOTELS

JESSE MILLMAN | 408.982.8459 SHAWN KELLENBERGER | 408.987.4170 - 5 -

PARCEL MAP

855-867 W. El Camino RealMountain View, CA

JESSE MILLMAN | 408.982.8459 SHAWN KELLENBERGER | 408.987.4170 - 6 -

SAN JOSE

PALOALTO MILPITAS

CUPERTINO

SANTACLARA

SUNNYVALE

MOUNTAINVIEW

NEWARK

Caltrain Route

Proposed BART Route

TOP 10 CALTRAIN STATIONS(WEEKLY BOARDINGS)

San FranciscoPalo Alto

San Jose DiridonMountain ViewRedwood City

MillbraeSunnyvale

HillsdaleSan MateoMenlo Park

123456789

10

15,2207,4044,6624,5853,8723,3783,3122,9592,1031,740

2017 92 TRAINSSTATIONRANK AWR

PUBLIC TRANSPORTATION MAP

DEMOGRAPHICS

DEMOGRAPHICS (2015) 1 MILE 3 MILES 5 MILES

Total Population (2015) 28,072 160,098 241,530

Projected Population (2020)

30,667 174,574 372,105

Average Household Income (2015)

$141,495 $155,466 $149,818

Projected Average Household Income (2020)

$149,879 $164,659 $158,696

Total Median Household Income (2015)

$108,425 $116,057 $114,314

Projected Median Household Income (2020)

$111,818 $119,622 $117,448

280

101

237

85

87

880EASTPALO ALTO

PALO ALTO

STANFORD

MENLOPARK

WEST MENLOPARK

ATHERTON

SUNNYVALE

MOUNTAIN VIEW

EASTPALO ALTO

PALO ALTO

STANFORD

MENLOPARK

WEST MENLOPARK

ATHERTON

SUNNYVALE

MOUNTAIN VIEW

5 Miles 3 Miles 1 Miles

JESSE MILLMAN | 408.982.8459 SHAWN KELLENBERGER | 408.987.4170 - 8 -

SBA 504 LOAN SAMPLE STRUCTUREPrepared for:

Property Address:

Purchase Price

$2,699,000Property A

dd

ress855-867 W

El Ca

mino, M

ountain V

iewIm

provements

Building Size (s.f.)

2,700O

therPrice Per Sq. Ft.

$907Total Project C

ost$2,699,000

Source of Funds%

of Total Project

Am

ountRate

Am

ortizationM

aturityM

onthly Paym

entBa

nk (1st)50%

$1,225,0004.55%

2525

$6,844SBA

(2nd)*

40%$1,004,000

4.58%20

20$6,395

Dow

n Paym

ent10%

$245,000*

Includes fina

nced SBA

fee of$24,000

Total Monthly Paym

ent$13,239

Total Payment PSF

$4.90

Monthly O

wnership C

ostsO

ut of Pocket Costs

Mortga

ge Paym

ents$13,239

Dow

n Paym

ent$245,000

Insurance &

Property Tax

$2,654Estim

ated

Bank Fees

$12,250D

epreciation W

rite-Off

($3,926)A

ppraisa

l & Environm

ental Reports

$5,000Lea

sing Income

Total Monthly O

wnership C

osts$11,967

Total Out of Pocket C

osts$262,250

SBA 504 Loan Sam

ple StructureJesse M

illman

855-867 W El C

amino, M

ountain View

150 Ca

lifornia Street, Suite 250 | Sa

n Francisco, C

A 94111

tel415 217 7600fa

x 415 217 7610w

eb C

APITA

LAC

CESS.C

OM

Ba

nk Fees are estim

ated

at 1.0%

of ba

nk loan a

mount.

Insura

nce & Prop

erty Tax estim

ated

at 1.3%

of purcha

se price.

D

eprecia

tion is estima

ted a

t a 75%

ba

sis over 39 years.

The following a

ssump

tions were used

for this scenario, a

nd ca

n be m

odified

if there are a

ny specific va

lues you would

like to use.

Project Details

SBA 504 Financing Structure

Assum

ptions

Ba

nk rate, term

s, and

fees are estim

ates a

nd va

ry dep

ending on lend

er.

SBA fee is 2.15%

of the SBA loa

n am

ount plus a

$2,000 attorney fla

t fee. These fees are fina

nced.

The current SBA

rate is used

here. Actua

l rate is set a

t deb

enture sale a

t time of fund

ing.

All costs a

nd exp

enses are estim

ates.

For more inform

ation

contact:

Cara Rudy

Capital A

ccess Group

VP / Business D

evelopm

ent 415-217-7605crud

y@ca

pitalaccess.com

Bank (1st)50%

SBA (2nd)*40%

Dow

n Paym

ent10%

90% Financing

Prepared for:Property A

ddress:

Purchase Price

$2,699,000Property A

dd

ress855-867 W

El Ca

mino, M

ountain V

iewIm

provements

Building Size (s.f.)

2,700O

therPrice Per Sq. Ft.

$907Total Project C

ost$2,699,000

Source of Funds%

of Total Project

Am

ountRate

Am

ortizationM

aturityM

onthly Paym

entBa

nk (1st)50%

$1,225,0004.55%

2525

$6,844SBA

(2nd)*

40%$1,004,000

4.58%20

20$6,395

Dow

n Paym

ent10%

$245,000*

Includes fina

nced SBA

fee of$24,000

Total Monthly Paym

ent$13,239

Total Payment PSF

$4.90

Monthly O

wnership C

ostsO

ut of Pocket Costs

Mortga

ge Paym

ents$13,239

Dow

n Paym

ent$245,000

Insurance &

Property Tax

$2,654Estim

ated

Bank Fees

$12,250D

epreciation W

rite-Off

($3,926)A

ppraisa

l & Environm

ental Reports

$5,000Lea

sing Income

Total Monthly O

wnership C

osts$11,967

Total Out of Pocket C

osts$262,250

SBA 504 Loan Sam

ple StructureJesse M

illman

855-867 W El C

amino, M

ountain View

150 Ca

lifornia Street, Suite 250 | Sa

n Francisco, C

A 94111

tel415 217 7600fa

x 415 217 7610w

eb C

APITA

LAC

CESS.C

OM

Ba

nk Fees are estim

ated

at 1.0%

of ba

nk loan a

mount.

Insura

nce & Prop

erty Tax estim

ated

at 1.3%

of purcha

se price.

D

eprecia

tion is estima

ted a

t a 75%

ba

sis over 39 years.

The following a

ssump

tions were used

for this scenario, a

nd ca

n be m

odified

if there are a

ny specific va

lues you would

like to use.

Project Details

SBA 504 Financing Structure

Assum

ptions

Ba

nk rate, term

s, and

fees are estim

ates a

nd va

ry dep

ending on lend

er.

SBA fee is 2.15%

of the SBA loa

n am

ount plus a

$2,000 attorney fla

t fee. These fees are fina

nced.

The current SBA

rate is used

here. Actua

l rate is set a

t deb

enture sale a

t time of fund

ing.

All costs a

nd exp

enses are estim

ates.

For more inform

ation

contact:

Cara Rudy

Capital A

ccess Group

VP / Business D

evelopm

ent 415-217-7605crud

y@ca

pitalaccess.com

Bank (1st)50%

SBA (2nd)*40%

Dow

n Paym

ent10%

90% Financing

Prepared for:Property A

ddress:

Purchase Price

$2,699,000Property A

dd

ress855-867 W

El Ca

mino, M

ountain V

iewIm

provements

Building Size (s.f.)

2,700O

therPrice Per Sq. Ft.

$907Total Project C

ost$2,699,000

Source of Funds%

of Total Project

Am

ountRate

Am

ortizationM

aturityM

onthly Paym

entBa

nk (1st)50%

$1,225,0004.55%

2525

$6,844SBA

(2nd)*

40%$1,004,000

4.58%20

20$6,395

Dow

n Paym

ent10%

$245,000*

Includes fina

nced SBA

fee of$24,000

Total Monthly Paym

ent$13,239

Total Payment PSF

$4.90

Monthly O

wnership C

ostsO

ut of Pocket Costs

Mortga

ge Paym

ents$13,239

Dow

n Paym

ent$245,000

Insurance &

Property Tax

$2,654Estim

ated

Bank Fees

$12,250D

epreciation W

rite-Off

($3,926)A

ppraisa

l & Environm

ental Reports

$5,000Lea

sing Income

Total Monthly O

wnership C

osts$11,967

Total Out of Pocket C

osts$262,250

SBA 504 Loan Sam

ple StructureJesse M

illman

855-867 W El C

amino, M

ountain View

150 Ca

lifornia Street, Suite 250 | Sa

n Francisco, C

A 94111

tel415 217 7600fa

x 415 217 7610w

eb C

APITA

LAC

CESS.C

OM

Ba

nk Fees are estim

ated

at 1.0%

of ba

nk loan a

mount.

Insura

nce & Prop

erty Tax estim

ated

at 1.3%

of purcha

se price.

D

eprecia

tion is estima

ted a

t a 75%

ba

sis over 39 years.

The following a

ssump

tions were used

for this scenario, a

nd ca

n be m

odified

if there are a

ny specific va

lues you would

like to use.

Project Details

SBA 504 Financing Structure

Assum

ptions

Ba

nk rate, term

s, and

fees are estim

ates a

nd va

ry dep

ending on lend

er.

SBA fee is 2.15%

of the SBA loa

n am

ount plus a

$2,000 attorney fla

t fee. These fees are fina

nced.

The current SBA

rate is used

here. Actua

l rate is set a

t deb

enture sale a

t time of fund

ing.

All costs a

nd exp

enses are estim

ates.

For more inform

ation

contact:

Cara Rudy

Capital A

ccess Group

VP / Business D

evelopm

ent 415-217-7605crud

y@ca

pitalaccess.com

Bank (1st)50%

SBA (2nd)*40%

Dow

n Paym

ent10%

90% Financing

Prepared for:Property A

ddress:

Purchase Price

$2,699,000Property A

dd

ress855-867 W

El Ca

mino, M

ountain V

iewIm

provements

Building Size (s.f.)

2,700O

therPrice Per Sq. Ft.

$907Total Project C

ost$2,699,000

Source of Funds%

of Total Project

Am

ountRate

Am

ortizationM

aturityM

onthly Paym

entBa

nk (1st)50%

$1,225,0004.55%

2525

$6,844SBA

(2nd)*

40%$1,004,000

4.58%20

20$6,395

Dow

n Paym

ent10%

$245,000*

Includes fina

nced SBA

fee of$24,000

Total Monthly Paym

ent$13,239

Total Payment PSF

$4.90

Monthly O

wnership C

ostsO

ut of Pocket Costs

Mortga

ge Paym

ents$13,239

Dow

n Paym

ent$245,000

Insurance &

Property Tax

$2,654Estim

ated

Bank Fees

$12,250D

epreciation W

rite-Off

($3,926)A

ppraisa

l & Environm

ental Reports

$5,000Lea

sing Income

Total Monthly O

wnership C

osts$11,967

Total Out of Pocket C

osts$262,250

SBA 504 Loan Sam

ple StructureJesse M

illman

855-867 W El C

amino, M

ountain View

150 Ca

lifornia Street, Suite 250 | Sa

n Francisco, C

A 94111

tel415 217 7600fa

x 415 217 7610w

eb C

APITA

LAC

CESS.C

OM

Ba

nk Fees are estim

ated

at 1.0%

of ba

nk loan a

mount.

Insura

nce & Prop

erty Tax estim

ated

at 1.3%

of purcha

se price.

D

eprecia

tion is estima

ted a

t a 75%

ba

sis over 39 years.

The following a

ssump

tions were used

for this scenario, a

nd ca

n be m

odified

if there are a

ny specific va

lues you would

like to use.

Project Details

SBA 504 Financing Structure

Assum

ptions

Ba

nk rate, term

s, and

fees are estim

ates a

nd va

ry dep

ending on lend

er.

SBA fee is 2.15%

of the SBA loa

n am

ount plus a

$2,000 attorney fla

t fee. These fees are fina

nced.

The current SBA

rate is used

here. Actua

l rate is set a

t deb

enture sale a

t time of fund

ing.

All costs a

nd exp

enses are estim

ates.

For more inform

ation

contact:

Cara Rudy

Capital A

ccess Group

VP / Business D

evelopm

ent 415-217-7605crud

y@ca

pitalaccess.com

Bank (1st)50%

SBA (2nd)*40%

Dow

n Paym

ent10%

90% Financing

Prepared for:Property A

ddress:

Purchase Price

$2,699,000Property A

dd

ress855-867 W

El Ca

mino, M

ountain V

iewIm

provements

Building Size (s.f.)

2,700O

therPrice Per Sq. Ft.

$907Total Project C

ost$2,699,000

Source of Funds%

of Total Project

Am

ountRate

Am

ortizationM

aturityM

onthly Paym

entBa

nk (1st)50%

$1,225,0004.55%

2525

$6,844SBA

(2nd)*

40%$1,004,000

4.58%20

20$6,395

Dow

n Paym

ent10%

$245,000*

Includes fina

nced SBA

fee of$24,000

Total Monthly Paym

ent$13,239

Total Payment PSF

$4.90

Monthly O

wnership C

ostsO

ut of Pocket Costs

Mortga

ge Paym

ents$13,239

Dow

n Paym

ent$245,000

Insurance &

Property Tax

$2,654Estim

ated

Bank Fees

$12,250D

epreciation W

rite-Off

($3,926)A

ppraisa

l & Environm

ental Reports

$5,000Lea

sing Income

Total Monthly O

wnership C

osts$11,967

Total Out of Pocket C

osts$262,250

SBA 504 Loan Sam

ple StructureJesse M

illman

855-867 W El C

amino, M

ountain View

150 Ca

lifornia Street, Suite 250 | Sa

n Francisco, C

A 94111

tel415 217 7600fa

x 415 217 7610w

eb C

APITA

LAC

CESS.C

OM

Ba

nk Fees are estim

ated

at 1.0%

of ba

nk loan a

mount.

Insura

nce & Prop

erty Tax estim

ated

at 1.3%

of purcha

se price.

D

eprecia

tion is estima

ted a

t a 75%

ba

sis over 39 years.

The following a

ssump

tions were used

for this scenario, a

nd ca

n be m

odified

if there are a

ny specific va

lues you would

like to use.

Project Details

SBA 504 Financing Structure

Assum

ptions

Ba

nk rate, term

s, and

fees are estim

ates a

nd va

ry dep

ending on lend

er.

SBA fee is 2.15%

of the SBA loa

n am

ount plus a

$2,000 attorney fla

t fee. These fees are fina

nced.

The current SBA

rate is used

here. Actua

l rate is set a

t deb

enture sale a

t time of fund

ing.

All costs a

nd exp

enses are estim

ates.

For more inform

ation

contact:

Cara Rudy

Capital A

ccess Group

VP / Business D

evelopm

ent 415-217-7605crud

y@ca

pitalaccess.com

Bank (1st)50%

SBA (2nd)*40%

Dow

n Paym

ent10%

90% Financing

JESSE MILLMAN

Senior Managing Director 408.982.8459

jmillman@newmarkccarey.com CA RE License #0173474

SHAWN KELLENBERGER

Executive Managing Director 408.987.4170

shawnk@newmarkccarey.com CA RE License #01706215

2804 Mission College Boulevard, Suite 120, Santa Clara, CA 95054 | T 408.727.9600 | F 408.988.6340

The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. 17-1441.10/17