CHATSWORTH PLAZA

Jones Lang LaSalle Americas, Inc. (“JLL”), real estate license #01223413

A TOP-PERFORMING RALPH’S AND DOLLAR TREE ANCHORED ASSET WITH STABLE CASH FLOWS IN LOS ANGELES, CA

CANOGA AVENUE

METRO ORANGELINE

DEVONSHIRE STREET

2

CHATSWORTHPLAZA

PROPERTY SUMMARYTHE OPPORTUNITYAs exclusive advisor, JLL is pleased to offer the opportunity to acquire Chatsworth Plaza (“the Property”), a 67,841 square-foot grocery-anchored retail center in the Chatsworth neighborhood of Los Angeles, CA. The Property features an internet-resilient tenant roster consisting of nationally recognized tenants that include Ralph’s, Dollar Tree, Anytime Fitness, and other daily needs providers. Positioned on Devonshire Blvd, directly across the street from the Chatsworth Metro Orange Line and less than a half mile from Topanga Canyon Blvd (80,500 VPD), the Property is surrounded by a dense population of over 336,000. Chatsworth Plaza offers investors the opportunity to acquire a grocery-anchored retail center in a Southern California location with stable cash flow from national tenants on long-term leases.

Pricing: $16,550,000Year One NOI: $847,000Cap Rate: 5.1%Address: 21405-21515 Devonshire Street

Chatsworth, CA 91311

Square Feet: 67,841 SFOccupancy: 96.5%CAGR: 3.13%Year Built / Renovated: 1961 / 2013Site Size: 4.89 acres / 213,008 SFAPN: 2722-007-052; 2722-007-103;

2722-007-104; 2722-007-105

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EXECUTIVE Summary

INVESTMENT HIGHLIGHTSS y n e rg i s t i c D a i l y - N e e d s O r i e n te d Te n a n t M i xChatsworth Plaza boasts a diverse, internet-resilient tenant roster that includes a grocer, a fitness center, a discount retailer, and a host of complementary in-line tenants that offer health and beauty, food, and financial services.

GROCERY 46.6%

DISCOUNT 14.9%

SERVICE 14.6%

HEALTH & WELLNESS 12.0%

FOOD & BEVERAGE 10.3%

1.6%

B a l a n ce d Te n a n t M i x

E xce p t i o n a l S ta b i l i t y a n d G ro w t h

7.4 YEARSWEIGHTED AVERAGE

LEASE TERM

58 YEARSRALPHS HAS ANCHORED

CHATSWORTH PLAZA

U r b a n I n f i l l D e m o g ra p h i c s

$11.9B OF PURCHASING POWER336,102 POPULATION111,998 HOUSEHOLDS$106,360 AVG. HH INCOME

19.7% ROLLOVER DURING FIRST FIVE

YEARS OF HOLDING PERIOD

3.13%CAGR OVER

10-YEAR HOLD

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CHATSWORTHPLAZA

S ta b l e I n co m e S t re a m Fro m N a t i o n a l A n c h o r Te n a n t s O n Lo n g - Te r m Le a s e sNearly 70% of Chatsworth Plaza is leased to investment grade or nationally recognized tenants, providing an investor stable cash flow throughout the projected investment period.

H i g h l y P ro d u c t i v e Ra l p h’s W i t h Re ce n t 1 0 -Ye a r Re n ew a lRalph’s (a Kroger brand) performs exceptionally well at this location and recently executed a new 10-year renewal, eliminating near-term anchor rollover risk.

Re ce n t l y Re d ev e l o p e d A n c h o r S p a ce sRalph’s has operated at this location since 1961, and in 2013, the store underwent an extensive renovation, at Ralph’s cost, demonstrating the tenant’s commitment to Chatsworth Plaza.

Tenant Sq. Ft. % of GLA

Ralph’s 30,500 45.0%

Dollar Tree 9,744 14.4%

Anytime Fitness 4,900 7.2%

Non-Anchor Tenants 22,697 33.4%

Total 67,841 100.0%

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EXECUTIVE Summary

H i g h l y Af f l u e n t A n d D e n s e Po p u l a t i o nThe trade area surrounding Chatsworth Plaza is densely populated and is home to a wealthy consumer base, with average household incomes exceeding $111,000 within a 1-mile radius.

S t ra te g i c Lo ca t i o n I n H i g h l y Tra f f i c ke d A re aLocated across the street from the terminus Chatsworth Metro Orange Line station, the Property is positioned perfectly to provide the opportunity for the many riders who park in the lot and take the Metro to shop on their way to and from the travel hub. Chatsworth Plaza is also located 0.4 miles from Topanga Canyon Blvd (80,500 VPD) and benefits from exceptional visibility along Devonshire Blvd in a highly trafficked area.

Demographics 1-Mile 3-Mile 5-Mile

2019 Population 19,086 95,835 336,102

Number of Households 7,063 32,863 111,998

Avg Household Income $111,542 $115,424 $106,360

1,841 $111,5421-MILE RADIUS:

APARTMENT UNITS AVG HOUSEHOLD INCOME

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CHATSWORTHPLAZA

LEMARSH CHATSWORTHRANCHO

LOS CHARCOS

STONEY POINT

RAMADA BY WYNDHAM HOTEL

TRAVELODGE HOTEL

CANOGA AVENUE

METRO ORANGE LINE

67Units

61Units

70Rooms

73Rooms

60Units

CHATSWORTH METRO ORANGE LINE25,000 USERS PER DAY952 PARKING SPACES

AMTRAK CONNECTION

CALIFORNIA STATE UNIVERSITY, NORTHRIDGE (5.2 MILES)

35,609 STUDENTS

CHATSWORTH PUBLIC LIBRARY

DEVONSHIRE STREET

CHATSWORTH PLAZA

HOUSEHOLDS

3-MILE RADIUS

32,863

SUBJECT

APARTMENT

HOTEL

SHOPS

OFFICE

TRANSPORTATION

OTHERS

CHATSWORTH AVG HOME VALUE$643,500

CANOGA LUXURY

CHATEAU CANOGA

43Units

60Units

N

MASON DEVONSHIRE PLAZA

EXECUTIVE CENTER40,824 SF OFFICE BUILDING

16 TENANTS

CHATSWORTH CONTINENTAL52Units

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EXECUTIVE Summary

CHATSWORTH PLAZA

Bryan Ley+1 310 407 2120bryan.ley@am.jll.comCA License #01458927

Geoff Tranchina +1 310 694 3180geoff.tranchina@am.jll.comCA License #01435512

Tim Kuruzar+1 424 901 8206tim.kuruzar@am.jll.comCA License #01778384

Jose Carrazana+1 213 239 6160jose.carrazana@am.jll.comCA License #02082331

Tony Ensbury+1 310 407 2153tony.ensbury@am.jll.comCA License #02061712

I N V E S T M E N T A D V I S O R S

F I N A N C I N G C O N T A C TSteven Paskover+1 310 407 2134steven.paskover@am.jll.comCA License #01936051

us.jll.com/capitalmarkets10250 Constellation Boulevard Suite 1000 Los Angeles, California 90067310.407.2100

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