KW COMMERCIAL6005 Hidden Valley Rd.Carlsbad, CA 92011 ALAIN PEREZ

Commercial Division Specialist0: 858.342.4169alain@alainperez.comCA DRE #01343468

Marie Callender FOR LEASE

OFFERING MEMORANDUM

PRESENTED BY:

515 WEST 13 TH STREET ESCONDIDO, CA

OFFERING MEMORANDUM

Each Office Independently Owned and Operated kwcommercial.com 2

KW COMMERCIAL

6005 Hidden Valley Rd.

Carlsbad, CA 92011

Confidentiality & Disclaimer

ALAIN PEREZCommercial Division Specialist0: 858.342.4169alain@alainperez.comCA DRE# #01343468

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Carlsbad in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

ESCONDIDO, CA

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OFFERING SUMMARY

SALE PRICE: SUBJECT TO OFFER

AVAILABLE SF: 9,800 SF

LOT SIZE: 1.4 Acres

YEAR BUILT: 1977

BUILDING SIZE: 9,448 SF

ZONING: S-P Specific Plan

MARKET: Escondido

TRAFFIC COUNT: 34,500

PRICE / SF: -

PROPERTY OVERVIEWFormer Marie Callenders Escondido. 1.40 acre of commercial property adjacent toSprouts. Corner of Center City Parkway and 13th Street. Available immediately9948 of restaurant with a parking ratio of 10:1000. Traffic counts exceed 34,800VPD. First time on the market within the last 40 years.

PROPERTY HIGHLIGHTS• Ready for occupancy

• Potential for new development with flexible zoning

• Adjacent strong national retailers

• 34000 VPD Traffic Counts

• Prime location in rapidly re-developing area

Executive Summary

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PROPERTY OVERVIEW

Former Marie Callenders Escondido. 1.40 acre of commercialproperty adjacent to Sprouts. Corner of Center City Parkway and13th Street. Available immediately 9948 of restaurant with aparking ratio of 10:1000. Traffic counts exceed 34,800 VPD. Firsttime on the market within the last 40 years.

LOCATION OVERVIEW

Former Marie Callenders Escondido. 1.40 acre of commercialproperty adjacent to Sprouts. Corner of Center City Parkway and13th Street. Available immediately 9948 of restaurant with aparking ratio of 10:1000. Traffic counts exceed 34,800 VPD. Firsttime on the market within the last 40 years.

Property Description

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SALE PRICE SUBJECT TO OFFER

LOCATION INFORMATION

Building Name Former Marie Callenders Restaurant

Street Address 515 West 13th St

City, State, Zip Escondido, CA 92025

County/Township San Diego

Market Escondido

Cross Streets Center City Parkway & 13th St

BUILDING INFORMATION

Building Size 9,448 SF

Price / SF -

Year Built 1977

Tenancy Single

Gross Leasable Area 9,448 SF

Load Factor Yes

Construction Status Existing

PROPERTY DETAILS

Property Type Retail

Property Subtype Street Retail

Zoning S-P Specific Plan

Lot Size 1.4 Acres

APN# 235-161-07-00

Corner Property Yes

Traffic Count 34,500

Traffic Count Street 2700

Traffic Count Frontage 31800

PARKING & TRANSPORTATION

Parking Type Surface

Parking Ratio 11.0

Number Of Spaces 95

UTILITIES & AMENITIES

Gas / Propane Natural Gas to Property Line and Building

Property Details

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Former Marie CallendersRestaurant

Regional Map

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Location Maps

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Aerial Map

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POPULATION 1 MILE 3 MILES 5 MILES

Total population 20,318 123,014 197,460

Median age 31.2 33.3 35.3

Median age (male) 30.6 32.0 33.9

Median age (Female) 31.6 34.4 36.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 5,933 37,780 64,437

# of persons per HH 3.4 3.3 3.1

Average HH income $58,748 $66,376 $73,654

Average house value $417,544 $474,099 $484,866

* Demographic data derived from 2010 US Census

Demographics Map

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Retailer Map

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PARKING LOT

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Aerial Building Site & Parking

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