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Johnson Commercial Copyright 2017. No warranty or representaon, express or implied, is made to the accuracy or completeness of the informaon contained herein, and same is submied subject to errors, omissions, change of price, rental or other condions, withdrawal without noce, and to any special lisng condions imposed by the property owner(s). As applicable, we make no representaon as to the condion of the property (or properes) in queson. Matthew V. Johnson 760.779.4000 (Direct) [email protected] CalDRE #00927239 760.779.4000 72000 Magnesia Falls Drive Rancho Mirage, CA 92270 www.johnsoncommercial.net Demographics 1 Mile 10 Miles 30 Miles Total Households 2,110 100,481 210,249 Total Populaon 4,088 259,208 549,047 Average HH Income $88,653 $89,234 $73,119 Property Overview This mul-tenant industrial building has a total of nine separate suites. Each suite has its own roll-up door (except Suite 101), electrical meter and restroom. Suite 101 is configured as office space, while the other eight suites are industrial flex spaces. The building is fully leased. There is upside potenal in the income, as most of the current lease rates are under market. Offering Summary Property Type: Industrial Sale Price: $2,050,000 Building Size: 14,653 SF Price / SF: $139.90 Cap Rate: 4.97% NOI: $101,808 Year Built: 1998 FOR SALE Mul-Tenant Industrial Building for Sale 77899 Wolf Road. Palm Desert, CA 92211

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Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

Demographics 1 Mile 10 Miles 30 Miles

Total Households 2,110 100,481 210,249

Total Popula�on 4,088 259,208 549,047

Average HH Income $88,653 $89,234 $73,119

Property OverviewThis mul�-tenant industrial building has a total of nineseparate suites. Each suite has its own roll-up door (exceptSuite 101), electrical meter and restroom. Suite 101 isconfigured as office space, while the other eight suites areindustrial flex spaces. The building is fully leased.

There is upside poten�al in the income, as most of thecurrent lease rates are under market.

Offering Summary

Property Type: Industrial

Sale Price: $2,050,000

Building Size: 14,653 SF

Price / SF: $139.90

Cap Rate: 4.97%

NOI: $101,808

Year Built: 1998

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211

Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211

Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

(Not to Scale)

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211

Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

Tenant Name Unit Number Unit Size (SF) Lease Start Lease End Annual Rent % of Building Price Per SF/YR

Interconnect Networks, Inc. 101 2,030 4/01/2015 3/31/2022 $19,800 13.85 $9.75

Hermann Design Group 102 2,350 9/1/2014 10/31/2021 $23,244 16.04 $9.89

Desert Custom Upholstery, LLC 103 1,344 12/1/2020 11/30/2023 $13,709 9.17 $10.20

Legacy Glass 104 1,380 5/1/2018 4/30/2022 $15,351 9.42 $11.12

Endico� Enterprises, LTD 105 1,578 4/1/2015 3/31/2023 $16,096 10.77 $10.20

Olja Dobrovic 106 1,325 8/1/2011 10/31/2021 $15,000 9.04 $11.32

West Coast Building Products 107 1,435 12/1/2016 10/31/2021 $15,084 9.79 $10.51

A. Juarez & Sons, Inc. 108 1,509 6/1/2020 5/31/2023 $17,202 10.3 $11.40

All Valley Air 109 1,702 7/1/2016 6/30/2021 $17,241 11.62 $10.13

Totals/Averages 14,653 $152,727 $10.42

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211

Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

Income Summary

Gross Income $146,032

Expense Summary

Property Taxes $23,062

Insurance $2,529

Landscape Maintenance $4,968

Electricity $550

Water $2,235

Trash $7,676

Telephone $1,415

Fire Protec�on $618

Property Owner's Associa�on $1,168

Gross Expenses $44,223

Net Opera�ng Income $101,808

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211

Johnson Commercial Copyright 2017. No warranty or representa�on, express or implied, is made to the accuracy or completeness of the informa�on contained herein, and same is submi�ed subject to errors, omissions, change of price, rental or other condi�ons, withdrawal without no�ce, and toany special lis�ng condi�ons imposed by the property owner(s). As applicable, we make no representa�on as to the condi�on of the property (or proper�es) in ques�on.

Matthew V. Johnson760.779.4000 (Direct)[email protected] #00927239

760.779.400072000 Magnesia Falls Drive

Rancho Mirage, CA 92270www.johnsoncommercial.net

FOR SALEMul�-Tenant Industrial Building for Sale77899 Wolf Road. Palm Desert, CA 92211