NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

FOR INFORMATION, CONTACT:

Nick Frechou, Senior V.P.+1 (559) 447-6266nick@retailcalifornia.comDRE # 01887999

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Avenue, Suite 101Fresno, CA 92711www.retailcalifornia.com

DEPICTIVE IMAGE

· Adjacent to New Yoshinoya· High Daytime Population· Mature Residential Surrounding· Ample Parking Available

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

FOR INFORMATION, CONTACT:

Nick Frechou, Senior V.P.+1 (559) 447-6266nick@retailcalifornia.comDRE # 01887999

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Avenue, Suite 101Fresno, CA 92711www.retailcalifornia.com

Property Description:The subject site is a part of Bakersfield’s newest retail development! Yoshinoya, an internation-al fast food chain, was recently built in the 4th Quarter of 2019 and now open for business. The adjacent property is an existing 1,850± SF restaurant. The subject corner boasts an ADT count of 34,400±. Immediate retailers in the area include, Vallarta, Food Maxx, 99 Cents Only, Dollar Tree, O’Reilly Auto Parts, and Auto Zone.

Building Size: 1,850± SF

Sale Price: $325,000

Lease Rate: Please contact agent for more information.

2018 Demographics: 1 Mile 2 Miles 3 Miles Total Population: 21,456 62,481 113,468 Total Households: 5,783 17,934 32,297 Avg. HH Income: $63,145 $56,970 $55,158 Daytime Population: 16,158 56,738 100,297

2018 Traffic Counts: Niles St: 29,411 ADT Sterling Rd: 4,979 ADT Total: 34,390 ADT

Sources: AnySite, Kalibrate TrafficMetrix

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Niles St AT Sterling Rd Bakersfield, Ca 93306

Site CoordinatesLongitude/X:Latitude/Y:

-118.940827 35.376010

N

0 0.6 1.2

Miles

SiteRingsUS CitiesCounty BoundariesState Boundaries

Niles & Sterling

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALESEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

Retail California CRE Updated Summary Report Niles St AT Sterling Rd Niles St AT Sterling Rd Bakersfield, CA 93306

12 February 2020 Coordinates Longitude: -118.940827 Latitude: 35.376010 1 MILE 2 MILE 3 MILE RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc © 2018 Gadberry Group LLC. All Rights Reserved. Page 1

Population Trend

2000 Total Population 19,114 53,082 94,046

2010 Total Population 21,353 61,093 109,772

2018 Total Population 21,456 62,481 113,468

2023 Total Population 21,785 64,099 116,739

Households Trend

2000 Total Households 5,504 15,998 28,215

2010 Total Households 5,709 17,423 31,145

2018 Total Households 5,783 17,934 32,297

2023 Total Households 5,839 18,342 33,095

Population Change Trend

2000 to 2010 Population Change 11.7% 15.1% 16.7%

2000 to 2018 Population Change 12.3% 17.7% 20.7%

2010 to 2023 Population Change 2.0% 4.9% 6.3%

2018 to 2023 Population Change 1.5% 2.6% 2.9%

Household Change Trend

2000 to 2010 Household Change 3.7% 8.9% 10.4%

2000 to 2018 Household Change 5.1% 12.1% 14.5%

2010 to 2023 Household Change 2.3% 5.3% 6.3%

2018 to 2023 Household Change 1.0% 2.3% 2.5%

2018 Race

White alone 66.5% 64.4% 62.6%

Black or African American alone 2.9% 3.9% 4.8%

American Indian and Alaska Native alone 3.0% 2.8% 3.2%

Asian alone 1.1% 1.6% 1.6%

Native Hawaiian and OPI alone 0.1% 0.3% 0.3%

Some Other Race alone 24.0% 24.5% 25.0%

Two or More Races 2.3% 2.5% 2.5%

2018 Income

Per Capita Income $17,223 $16,384 $15,908

Household Income: Median $41,447 $39,101 $38,359

Household Income: Average $63,145 $56,970 $55,158

Less than $10,000 5.2% 7.9% 8.6%

NEXT TO YOSHINOYA RESTAURANT · NOW OPEN!RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALESEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

Retail California CRE Updated Summary Report Niles St AT Sterling Rd Niles St AT Sterling Rd Bakersfield, CA 93306

12 February 2020 Coordinates Longitude: -118.940827 Latitude: 35.376010 1 MILE 2 MILE 3 MILE RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc © 2018 Gadberry Group LLC. All Rights Reserved. Page 2

$10,000 to $14,999 8.6% 8.0% 8.7%

$15,000 to $19,999 8.3% 8.2% 7.6%

$20,000 to $24,999 6.1% 6.5% 6.8%

$25,000 to $29,999 5.5% 7.2% 7.5%

$30,000 to $34,999 8.6% 8.4% 7.5%

$35,000 to $39,999 4.9% 4.7% 5.0%

$40,000 to $44,999 9.5% 6.9% 6.0%

$45,000 to $49,999 3.2% 3.6% 3.8%

$50,000 to $59,999 4.7% 7.2% 7.4%

$60,000 to $74,999 9.6% 8.9% 9.3%

$75,000 to $99,999 10.4% 9.2% 9.5%

$100,000 to $124,999 5.8% 6.3% 5.4%

$125,000 to $149,999 3.2% 2.3% 2.7%

$150,000 to $199,999 2.2% 1.9% 2.1%

$200,000 or more 4.1% 2.8% 2.3%

Average household size 3.7 3.5 3.5

Total Daytime Population 16,158 56,738 100,297

Total Employee Population 2,223 15,027 24,280

Total Daytime at Home Population 13,935 41,711 76,017

Total Employee Population (% of Daytime Population)

13.8% 26.5% 24.2%

Total Daytime at Home Population (% of Daytime Population)

86.2% 73.5% 75.8%