FOR MORE INFO, PLEASE CONTACT:

Lewis Smith+1 (559) 447-6235lsmith@retailcalifornia.comDRE # 01214178

FOR MORE INFO, PLEASE CONTACT:

Michael Kennedy+1 (559) 447-6271mkennedy@retailcalifornia.comDRE # 01496337

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Ave, Suite 101Fresno, CA 92711 www.retailcalifornia.com

SHEPHERD RANCH SHOPPING CENTER SPACE FOR LEASE SWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

FOR MORE INFO, PLEASE CONTACT:

Lewis Smith+1 (559) 447-6235lsmith@retailcalifornia.comDRE # 01214178

FOR MORE INFO, PLEASE CONTACT:

Michael Kennedy+1 (559) 447-6271mkennedy@retailcalifornia.comDRE # 01496337

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Ave, Suite 101Fresno, CA 92711 www.retailcalifornia.com

SHEPHERD RANCH SHOPPING CENTER SPACE FOR LEASE SWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

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Au berry Rd

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Aub erry Rd

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E Shepherd Ave At N Chestnut Ave Clovis, Ca 93619

Property Description:The subject available space for lease is in Shepherd Ranch Shopping Center located at the southwest corner of Shepherd and Chestnut avenues in Fresno, CA. The center has exceptional visibility and signage available with strong traffic counts of 22,800± cars per day.

Property Highlights:Located in one of Fresno’s most desirable areas for residential and retail growth, Woodward Park, in concert with the Northwest Clovis area, has progressed as Fresno County’s most prosperous community of over 98,600 residents.

Available Space: 3,500± SF; 1,207± SF; and 2,014± SF restaurant space

Lease Rate: Please contact agent for more information.

2017 Demographics: 1 Mile 2 Miles 3 Miles Total Population: 19,387 56,961 89,271 Total Households: 6,605 20,280 32,720 Avg. HH Income: $117,465 $113,381 $106,129 Total Daytime Pop: 13,020 43,945 91,257

2017 Traffic Counts: Chestnut @ Shepherd: 10,354 ADT Shepherd @ Chestnut: 12,463 ADT TOTAL: 22,817 Avg Daily Traffic

Data Sources: AnySite, Kalibrate TrafficMetrix

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

SHEPHERD RANCH SHOPPING CENTER SPACE FOR LEASE SWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

SHEPHERD RANCH SHOPPING CENTER SPACE FOR LEASE SWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

SHEPHERD RANCH SHOPPING CENTERSWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

SHEPHERD RANCH SHOPPING CENTERSWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

Retail California CREUpdated Summary Report

Shepherd Ranch Shopping CenterE Shepherd Ave At N Chestnut Ave, Fresno, CA 93720

1 June 2018 Coordinates Longitude: -119.738842Latitude: 36.866711

1 MILE 2 MILE 3 MILERING RING RING

3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc© 2016 Gadberry Group LLC. All Rights Reserved. Page 1

Population Trend2000 Total Population 9,771 36,188 63,8552010 Total Population 18,539 53,828 83,8082017 Total Population 19,387 56,961 89,2712022 Total Population 21,242 61,223 94,785

Households Trend2000 Total Households 3,311 12,915 23,2432010 Total Households 6,355 19,349 31,0032017 Total Households 6,605 20,280 32,7202022 Total Households 7,336 21,991 35,049

Population Change Trend2000 to 2010 Population Change 89.7% 48.7% 31.2%2000 to 2017 Population Change 98.4% 57.4% 39.8%2010 to 2022 Population Change 14.6% 13.7% 13.1%2017 to 2022 Population Change 9.6% 7.5% 6.2%

Household Change Trend2000 to 2010 Household Change 91.9% 49.8% 33.4%2000 to 2017 Household Change 99.5% 57.0% 40.8%2010 to 2022 Household Change 15.4% 13.7% 13.1%2017 to 2022 Household Change 11.1% 8.4% 7.1%

2017 RaceWhite alone 64.8% 68.8% 70.1%Black or African American alone 3.7% 3.1% 3.1%American Indian and Alaska Native alone 0.7% 0.7% 0.8%Asian alone 17.5% 14.9% 13.3%Native Hawaiian and OPI alone 0.2% 0.2% 0.2%Some Other Race alone 6.6% 6.3% 6.5%Two or More Races 6.6% 6.0% 5.9%

2017 IncomePer Capita Income $39,910 $40,967 $39,061Household Income: Median $98,875 $90,767 $82,193Household Income: Average $117,465 $113,381 $106,129

Less than $10,000 2.5% 3.0% 3.1%

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2018 Retail California. All rights reserved.

SHEPHERD RANCH SHOPPING CENTERSWC SHEPHERD & CHESTNUT AVENUES · FRESNO, CA 93720

Retail California CREUpdated Summary Report

Shepherd Ranch Shopping CenterE Shepherd Ave At N Chestnut Ave, Fresno, CA 93720

1 June 2018 Coordinates Longitude: -119.738842Latitude: 36.866711

1 MILE 2 MILE 3 MILERING RING RING

3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc© 2016 Gadberry Group LLC. All Rights Reserved. Page 2

$10,000 to $14,999 2.1% 2.5% 2.7%$15,000 to $19,999 2.2% 3.0% 3.5%$20,000 to $24,999 3.2% 3.6% 3.5%$25,000 to $29,999 1.0% 2.5% 3.3%$30,000 to $34,999 1.8% 2.3% 3.2%$35,000 to $39,999 2.0% 2.1% 2.4%$40,000 to $44,999 3.0% 3.0% 3.4%$45,000 to $49,999 2.5% 2.7% 3.7%$50,000 to $59,999 6.3% 6.9% 6.5%$60,000 to $74,999 9.7% 9.7% 10.6%$75,000 to $99,999 14.5% 13.9% 14.1%$100,000 to $124,999 14.2% 12.6% 11.2%$125,000 to $149,999 12.3% 10.2% 9.4%$150,000 to $199,999 12.5% 11.7% 10.1%$200,000 or more 10.4% 10.4% 9.2%

Average household size 2.9 2.8 2.7

Total Daytime Population 13,020 43,945 91,257Total Employee Population 1,872 12,163 41,468Total Daytime at Home Population 11,148 31,782 49,789Total Employee Population (% of Daytime

Population)14.4% 27.7% 45.4%

Total Daytime at Home Population (% of Daytime Population)

85.6% 72.3% 54.6%