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FOR SALE

2,850 SQUARE FOOT MEDICAL OFFICE 14311 Ramona Blvd., Baldwin Park, CA 91706

THE OFFERING The Office Market Group at Lee & - Industry, Inc. has been selected as the exclusive broker to offer for sale a fee simple interest in 14311 Ramona Boulevard, Baldwin Park, California 91706. Extensively renovated in 2009, this offering represents a unique opportunity for either an investor and/or an owneruser to acquire an attractive single-story medical office building as a part of an investment and/or for their use. The property is strategically located in the Central Business District within a retail center; close to the signalized corner of Ramona Boulevard & Baldwin Park Boulevard. The property offers immediate access to the 60 freeway and within close proximity to the 10 & 605 freeways.

EXCLUSIVE AGENTS:

TAI NGO Investment Sales Associate 562.568.2016 tngo@lee-associates.com License ID# 01779172

CHRISTOPHER LARIMORE Principal/Vice President 562.568.2039 clarimore@lee-associates.com License ID# 01314464

www.OfficeMarketGroup.com

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


2,850 SQUARE FOOT MEDICAL OFFICE

FOR SALE

14311 Ramona Blvd., Baldwin Park, CA 91706

INVESTMENT HIGHLIGHTS Medical office & ADA compliance: Meets current and up-to-date state and federal standards/requirements Phenomenal medical investment and/or owner-user opportunity: Currently 100% occupied Highly visible: Great exposure located along heavily travelled corridor Well maintained: Thoroughly renovated in 2009

AREA HIGHLIGHTS Dynamic submarket: The San Gabriel Valley has a total population of over 1,700,000 inhabitants, about one-third of these residents are employed under a wide range of occupations Major thoroughfare:: Ramona Boulevard is a primary retail/commercial thoroughfare running east/west Ease of access:: Convenient access to the 10 & 605 freeways Infill site: Nearly no vacant land means only cost-prohibitive, lengthy redevelopment opportunity exist Dense infill area:: The total population within a 3 mile radius is approximately 202,610 for 2010

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


FOR SALE

2,850 SQUARE FOOT MEDICAL OFFICE 14311 Ramona Blvd., Baldwin Park, CA 91706

FLOOR PLAN EXCLUSIVE AGENTS:

TAI NGO Investment Sales Associate 562.568.2016 tngo@lee-associates.com License ID# 01779172

CHRISTOPHER LARIMORE Principal/Vice President 562.568.2039 clarimore@lee-associates.com License ID# 01314464

www.OfficeMarketGroup.com

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


2,850 SQUARE FOOT MEDICAL OFFICE

FOR SALE

14311 Ramona Blvd., Baldwin Park, CA 91706

OFFERING SUMMARY FINANCIAL SUMMARY Sale Price: In-Place Occupancy:

$749,000 100%

Annualized Income Base Rental Revenue:

$60,000

LEASE ABSTRACT Lease Start: Lease End: Options: Annual Base Rent: Lease Type: BUILDING AREA: LAND AREA: YEAR BUILT/RENOVATED: TOPOGRAPHY: ZONING: PROPERTY RIGHTS:

April 1, 2009 March 30, 2014 One (1) (five (5) year option) Fixed annual increases $5,000 (flat for initial lease period) Modified Gross SF SF 1947 / 2009 8544-021-011 FLAT C2 & FEE SIMPLE *LAND IMPROVEMENTS

Annualized Operating Expenses Real Estate Taxes (Tax Rate 1.1968%): Real Estate Insurance: Utilities: Trash Disposal: Janitorial Repairs & Maintenance: Admin & Misc.: Total:

$8,964 $1,543 Net Net Net Net $285 $10,792

NET OPERATING INCOME: CAPITALIZATION RATE:

$49,208 6.57% %

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


FOR SALE

2,850 SQUARE FOOT MEDICAL OFFICE 14311 Ramona Blvd., Baldwin Park, CA 91706

S O L D / O N - M A R K E T C O M PA R A B L E S

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


FOR SALE

2,850 SQUARE FOOT MEDICAL OFFICE 14311 Ramona Blvd., Baldwin Park, CA 91706 CIT Y & COUNT Y OVERVIEW T H E S A N G A B R I E L VA L L E Y Located in Los Angeles County, the Valley lies just east of the City of Los Angeles. It offers everything a company looks for when melding comfortable lifestyles for its employees with business and logistic needs. Steeped in history, the Valley is a safe, high-quality environment in which to live, work and raise a family. The thirty-one (31) cities and five (5) un-incorporated communities that comprise the San Gabriel Valley contain an incredible variety and mixture of almost every type of residential and commercial area imaginable. Recreational and cultural opportunities abound. The educational system, from grade school through college, is the best you can find. Because the Valley affords its residents so much, it can boast a well-trained, multilevel, diverse, and youthful labor pool. San Gabriel Valley residents do not have to commute long distances to have it all. Strong corporations headquartered in the San Gabriel Valley include Cathay Bank, Southern California Edison, Jet Propulsion Laboratory, Kaiser Permanente, and Majestic Realty Co.

T H E S A N G A B R I E L VA L L E Y: T H E I N T E L L E C T U A L C A P I TA L O F C A L I F O R N I A There are more colleges, universities and graduate schools in the San Gabriel Valley than in any other comparable region of California. As the Intellectual Capital of California the San Gabriel Valley contains over 30 colleges, universities and graduate schools, many of which are ranked above the top schools in their fields of other intellectual capitals such as Boston/ Cambridge, Manhattan and Chicago.

COUNT Y OF LOS ANGELES Los Angeles County is, by far, the most populous county in the United States. Figures from the U.S. Census Bureau bureau lists a January 1, 2008 estimate of 10,363,850. The county seat is the City of Los Angeles. The county is home to 88 incorporated cities and many unincorporated areas. This county holds most of the principal cities encompassing the Greater Los Angeles Area, and is the most important of the five counties that make up the (and on that basis is more populous than the aggregate of the 11 least populous states) and is home to over a quarter of all California residents. Los Angeles County covers more than 4,000 square miles and includes San Clemente and Santa Catalina islands. Department of Finance estimates Los Angeles will grow to more than 11.2 million people. According to the United States Conference of Mayors, if Los Angeles County were a nation, it would boast a GDP among the twenty largest countries in the world.

DEMOGRAPHICS

1 Mile

2 Miles

3 Miles

Population

41,438

102,800

202,610

Households

9,287

24,031

48,750

Average HH Income

$63,967

$66,066

$67,002

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.


Medical Office Building Investment Sale