O F F E R I N G M E M O R A N D U M

P e r m i t R e a d y M e d i c a l M a r i j u a n a M a n u f a c t u r i n g F a c i l i t y

THE COTA1478 Cota Avenue

Long Beach, CA 90813

EXECUTIVE SUMMARY

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Property Description

Lee & Associates is pleased to present 1478 Cota Avenue as a permitted medical marijuana manufacturing facility. As a dynamic and bustling metropolis city, Long Beach is California’s fifth largest city. Located in the Lower Westside, this property is easily accessible via the 103 and 710 freeways and close proximity to the Long Beach Port. “The Cota” is the ideal extraction facility that includes heavy power, security, a large parking lot and a newly renovated processing area.

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Property Summary ADDRESS1478 Cota Avenue, Long Beach

OFFERING PRICETBD

TIMINGImmediate

BUILDING SF± 3,236 SF Building Divisible± 1,200 SF Potential Mezzanine± 4,436 SF Total

POWER3 Phase 200 Amps (Application for 800 Amps)

DOCKS 1 Roll Up Ground Door

PARKING± 6,520 SF lot with parking space

AdditionalProperty Info+ Owner/User opportunity for Medical Marijuana Manufacturing Company+ Potential for a long term lease with a qualified tenant+ Permits for Manufacturing already approved+ Sale Price is All inclusive of property and permits+ Compliant, low-risk and advanced lab and processing space for cannabis manufacturing.+ The Building comes extraction ready including heavy power, water, equipment, security and processing areas.+ 2 Story Building+ Private and Secured Building+ Located 15 minutes from Long Beach Airport and 30 Minutes from DTLA.+ Close proximity to I-405 and other major highway access.+ All Cash Buyer

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THE COTA

PROPERTY OVERVIEW

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GROUND FLOOR

SECOND FLOOR

THE COTA

1478 COTA AVENUE

AREA OVERVIEW

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City ofLong Beach

+ The City of Long Beach is one of the busiest ports in the nation and a hub of commerce and industry.

+ City of Long Beach Utility Services provides businesses reliable low-cost utility services.

+ Long Beach has approximately 60 miles of fiber optic cable, offering businesses ‘dark fiber’ and ‘lit fiber’ data services.

+ Long Beach’s Water Department recently won the Innovatice Partners Award for their Certified Blue Restaurant (CBR) program.

1478 Cota Avenue

1478Cota Ave.

PORT OF LONG BEACH

DOWNTOWN LONG BEACH

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Meet Your Neighbors

Population 1 Mile 3 Miles 5 Miles2017 Estimate Population: 9,975 223,423 479,9742022 Population Projection: 10,311 229,830 493,085Pop Growth 2017-2022: 3.37% 2.87% 2.73%Average Age: 36.40 34.50 35.90

Households 2017 Total Households: 2,622 71,733 160,796HH Growth 2017-2022: 4.08% 2.99% 2.76%Median Household Inc: $37,663 $43,195 $52,753Avg Household Size: 3.60 3.00 2.90

Housing Median Home Value: $354,702 $386,680 $437,915Median Year Built: 1957 1961 1961

+ The City of Long Beach was founded in 1897 and is California’s fifth largest city. A dynamic and bustling metropolis, the city is interlaced with long stretches of beaches and noteworthy neighborhoods. Long Beach has quickly become one of Southern California’s prime real estate markets with thousand of residential units planned or currently being constructed. As one of the largest shipping ports in the United States, is a fundamental door for international trade.

Long Beach Demographics

More History onLong Beach

Lee and Associates + 1 310 899 2700 leewestla.com bre 01222000

Contact Information

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rs h u l e r @ l e ewest l a . c o mb re 0 1 9 8 7 7 9 9

R i c ha r d A b b i tt1 3 1 0 8 9 9 2 74 6

r i c ha r d @ l e ewest l a . c o mb re 0 0 82 6 3 1 6

S p e n c e r H o ra k1 3 1 0 8 9 9 2 7 2 8

s h o ra k @ l e ewest l a . c o mb re 0 1 9 2 1 9 0 6

Affiliated Business Disclosure

Any information with respect to the Property (collectively, the “Evaluation Materials”) provided to any Accepting Parties by Owner, Owner’s Representative and/or Listing Broker and/or any of their respective consultants, agents or employees (collectively, the “Seller Parties”) will be used solely for the purpose of evaluating the possible acquisition of the Property by the undersigned Registered Potential Purchaser (“Registered Potential Purchaser”) and will not be used or duplicated for any other purpose. Accepting Parties shall keep all Evaluation Materials strictly confidential; provided, however, that such Evaluation Materials may be delivered to such persons or entities who because of their involvement with the Proposed Transaction need to know such information for the purpose of giving advice with respect to, or consummating, the Proposed Transaction (all of whom are collectively referred to as “Related Parties”); provided, however, that any such Related Parties shall be informed by Accepting Parties of the confidential nature of such information and shall be directed by Accepting Parties (and Accepting Parties shall cause such Related Parties) to keep all such information in the strictest confidence and to use such information only in connection with the Proposed Transaction and in accordance with the terms of this Agreement. Accepting Parties will not communicate with tenants of the Property without the prior written consent of Owner or Owner’s Representative.

Broker represents and covenants that it is currently, and at the time of the consummation of any sale of the Property to Registered Potential Purchaser, will be, a duly licensed real estate broker.

Accepting Parties shall not (i) disclose the fact that discussions or negotiations are taking place concerning the possible acquisition of the Property by Registered Potential Purchaser or any of the terms thereof, or (ii) conduct any discussions, negotiations or make any inquiries concerning the possible acquisition of the Property with any other person or entity (including tenants) except for Owner, Owner’s Representative and Listing Broker, except as may be expressly permitted elsewhere in this Agreement and, in such case, only in strict accordance with the provisions hereof. In the event that any Accepting Parties or Related Parties become legally compelled to disclose all or any part of the Evaluation Materials, Accepting Parties will provide Owner’s Representative with prompt written notice so that Owner may seek a protective order or other appropriate remedy and/or waive compliance with the provisions of this Agreement. Accepting Parties acknowledge that damages may be inadequate to protect against breach of these provisions and therefore agrees in advance to the granting of injunctive relief as described above in Owner’s favor without proof of actual damages, in addition to any other remedies available at law or in equity. In the event that such protective order or other remedy is not obtained, or that Owner waives compliance with the provisions of this Agreement, in such instance, Accepting Parties will furnish only that portion of the Evaluation Materials which is legally required and will exercise best efforts to obtain reliable assurance that confidential treatment will be accorded the Evaluation Materials. Accepting Parties shall reimburse Seller Parties for all costs and expenses, including reasonable attorneys’ fees incurred by Seller Parties in successfully enforcing Accepting Party’s obligations under this Agreement.

None of Seller Parties make any representations or warranties as to the accuracy or completeness of the Evaluation Materials or that actual results will conform to any projections contained therein. Owner, Owner’s Representative and Listing Broker expressly disclaim any and all liability for representations or warranties, express or implied, contained in the Evaluation Materials, or in any other written, oral or other communications transmitted or made available to Accepting Party by Seller Parties, including, without limitation, computer disks containing files with financial data or projections.

Owner is under no legal obligation of any kind whatsoever with respect to the Proposed Transaction by virtue of this Agreement, the delivery of any Evaluation Materials, any discussions concerning the Proposed Transaction or otherwise, unless and until a binding written agreement is executed and delivered by all parties thereto.

This Agreement shall be governed by and construed in accordance with the laws of the State of California, which is applicable to contracts made and to be performed wholly within California.