INVESTMENT HIGHLIGHTS RARE MULTI-TENANT INDUSTRIAL PARK OFFERING STABILITY AND UPSIDE  ► This multi-tenant industrial building is divided into two types of uses; typical warehouse industrial use and industrial storage. The standard industrial users are anchored by tenants with deep ties to this location given the building’s proximity to the naval base and surrounding customers at the Mile of Cars dealerships. The warehouse storage component is in very high demand within the area and nearly half of the tenants have been at the project for over 7 years. ► Current in-place rents are approximately 8.0% below market providing upside through renewing tenants at market rents while at record low vacancy rates. ► The property is ideal for industrial users due to its location in the submarket and its adjacency to San Diego’s busiest freeway freeways I-5, 805 and 54. This location provides excellent access to Downtown San Diego, the San Diego seaport harbor, Naval Yards, and industrial distribution centers of northern Baja, Mexico. EXCELLENT MARKET FUNDAMENTALS THAT SUPPORT UPSIDE► National City has some of the lowest industrial vacancy rates in all of Southern California with a current overall industrial vacancy rate of 1.3% over its 3.6M SF industrial base. ► The greater South Bay San Diego industrial market continues to outperform the rest of San Diego County and Southern California evident by its current low-finish industrial vacancy rate of 3.0% and “light industrial low finish” industrial resides at 1.4%. Availability will shrink further due to upgrade in zoning as industrial uses are pushed out. ► 42% of San Diego’s entire population can be reached within a 10-minute drivetime of the subject property. Multi-tenant industrial demand will remain extremely high as this area remains densely populated given its demographics. ► Adjacent to the Chula Vista Bayfront Development, the largest waterfront development on the West Coast. This 535-acre project will be developed around an existing marina and anchored by a new resort conference center with 2,850 hotel rooms and 600,000 square feet of conference space, restaurant and retail space, entertainment and tourist attractions, 1,500 private residential units and office space.