Flyer_Ahwahnee Post Office

POST OFFICE 44878 NOTRE DAME LANE, AHWAHNEE, CA $1,171,123 | 6.50% Cap Rate Marketing Brochure

INVESTMENT OPPORTUNITY As the exclusive agent, Gallelli Real Estate is pleased to present this Offering Memorandum for the sale of 44878 Notre Dame Lane, Ahwahnee, CA, 100% occupied by United States Postal Service (the “Property”).

THE OPPORTUNITY AMAZING asset preservation property occupied by the United States Post Office. The lease term for the Ahwahnee location expires November 17, 2025 providing an investor safe and strong cash flow.

The United States Postal Service has been in this location for over 20 years.

TENANT OVERVIEW The United States Postal Service (USPS; also known as the Post Office, U.S. Mail, or Postal Service) is the executive branch of the United States federal government responsible for providing postal service in the United States. The Postal Service processed and delivered an average of 429.9M mail pieces daily in 2020. It is one of the few government agencies explicitly authorized by the United States Constitution. No small post office shall be closed solely for operating at a deficit, it being the specific intent of the Congress that effective postal services be insured to residents of both urban and rural communities.

The USPS traces its roots to 1775 during the Second Continental Congress, when Benjamin Franklin was appointed the first postmaster general. The Post Office Department was created in 1792 with the passage of the Postal Service Act. It was elevated to a cabinet-level department in 1872.

The USPS, as of 2020, had 495,941 career employees and 136,174 non-career employees. The Postal Service is legally obligated to serve all Americans, regardless of geography, at uniform price and quality.

The Post Office has exclusive access to letter boxes marked “U.S. Mail” and personal letterboxes in the United States.

PAGE 2 | GALLELLI REAL ESTATE

AHWAHNEE, CALIFORNIA Ahwahnee is a census-designated place in Madera County, California.

It is located 5.25 miles west of Yosemite Forks, 175 miles southeast of Sacramento, 185 miles east of San Francisco and 50 miles south of Yosemite national park. The population was 2,513 as of 2020.

2020 Demographics

1-mile

5-miles

10-miles

Average Household Income

$75,254

$81,540

$79,972

Total Population

411

4,864

18,470

Source: Pitney Bowes

Property Summary - Ahwahnee, CA Price

$1,171,123

Cap Rate

6.50%

Tenant

United States Postal Service

Address

44878 Notre Dame Lane, Ahwahnee, CA

County

Madera

Parcel Numbers

055-460-059

Total Square Feet

±3,330

Year Built

2000

Total Land Area

±1.21 Acres

POST OFFICE PORTFOLIO | PAGE 3

The material contained in this brochure is confidential, furnished solely for the purpose of considering the purchase of 44878 Notre Dame Lane, Ahwahnee, CA is not to be used for any other purpose or made available to any other person without the express written consent of Gallelli Real Estate Services or the Owner. The material is based in part upon information supplied by the Owner’s consultants, architects, advisors, and in part upon information obtained by Gallelli Real Estate from sources it deems to be reliable. Summaries contained in the brochure of any legal or other documents are not intended to be comprehensive statements of the terms of such documents but rather only outlines of some of the principal provisions contained therein. In accordance with our standard practice, this brochure has been prepared solely for informational purposes and does not constitute all or any part of an offer or contract. It is designed to assist a potential investor in determining whether to proceed with an in-depth investigation of the subject project. Gallelli Real Estate strongly recommends that each potential investor review the information contained in this brochure with its accountants, attorneys and tax advisors.

Any projections contained herein represent best estimates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions, prior sale or lease, change of price or terms, other changes in the information and is subject to modification or withdrawal without notice.

NO WARRANTY OR REPRESENTATION EXPRESSED OR IMPLIED IS MADE BY GALLELLI REAL ESTATE OR ANY OF THEIR PARENT, AFFILIATED OR SUBSIDIARY ENTITIES AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN. PROSPECTIVE INVESTORS SHOULD MAKE THEIR OWN INVESTIGATIONS AND CONCLUSIONS WITHOUT RELIANCE UPON THE MATERIAL CONTAINED HEREIN.

GARY GALLELLI Managing Director Investment Group CA DRE #01099383 Gary@GallelliRE.com

Gallelli Real Estate 3005 Douglas Blvd #200 Roseville, CA 95661 P 916 784 2700 www.GallelliRE.com