NEAR PROPOSED CASINOS

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1 NEAR PROPOSED CASINOS FOR SALE $187, Acres Rockford Street, one lot west of Outlet Center Drive. No utilities. Outlet mall is adding 35-65,000 s.f. Barstow, CA PROPOSED CASINOS Two casinos are seeking approval from the Department of Interior (DOI) to build hotel/casinos and this property is located between the two PROPOSED LOS COYOTES HOTEL/CASINO SUBJECT PROPERTY SUBJECT PROPERTY PROPOSED CHEMEHUEV HOTEL/CASINO DISCLAIMER: This information has been obtained from sources believed to be reliable. It is not verified and we make no guarantee, warranty or representation about any portion of it. Any opinions or assumptions are used for example only and do not represent the current or future performance of the property. You and your advisors should consult a careful, independent investigation of the property and consult with your own professionals to determine its suitability for your needs to your satisfaction. O (657) freciaj@ajohnsongroup.com CA BRE License #

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3 DETAIL HIGHLIGHTS OF THIS INTERCHANGE Outlets at Barstow discount mall was the #1 outlet mall in its chain n 2015 Very high annual taxable sales from all retail users in this area 5-7% annual increase in area s annual taxable sales during the steep economic downturn Some of the chain restaurants highest producing stores are located at this intersection with several, including In n Out Burger and Del Taco reportedly in the top five stores of their chains. Most are in the top 3-5%. Hotel occupancy over 84% in 2016 Outlet mall will add approximately 35,000 s.f. Two new hotels and several restaurants planned or under construction Over 20,000 cars per day exit at Lenwood Road. Major tour bus stop. Pilot Truck Stop is in the top five in its chain VERY HIGHLY PERFORMING RETAIL AREA Many retailers are in the top 3-5% of their chains COMPARABLE SALES OF IMPROVED PROPERTIES: 9/30/ acres between Lenwood Rd. and Serrano sold for $44.03/s.f. 1/21/ acres on Fisher Blvd. sold for $7.68/s.f. (forced sale) 3/02/ acres, High Point Parkway sold for $22.24/s.f. 8/15/ acres on Serrano sold for land value: $14.23/s.f. 4/30/ acres on High Point Parkway sold for $12.85/s.f. O (657) C (626) freciaj@ajohnsongroup.com CA BRE License #

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5 LENWOOD AREA HOTELS # ROOMS Ayres Hotel* 92 Days Inn 107 Holiday Inn Express 110 Hampton Inn and Suites 110 Comfort Suites 85 TOTAL 504 Planning/construction on two new hotels of 106 and 66 rooms is underway, bringing the total to 676 rooms. * The former Country Inn and Suites was purchased by Ayres Hotels in O (657) C (626) freciaj@ajohnsongroup.com CA BRE License #

6 LENWOOD AREA RESTAURANTS EXISTING RESTAURANTS Arby s Asian Food Court (New) Burger King Carl s Jr. Chester s Chicken Chipotle Denny s Del Taco El Pollo Loco Fatburger Godfather s Pizza ihop In n Out Burger Love s Subs McDonald s Original Tommy s Oggie s (New) Panda Express Panera Bread Starbuck s (2) Subway (2) NEW: Dickey s BBQ, The Habit and Black Bear Diner O (657) C (626) freciaj@ajohnsongroup.com CA BRE License #

8.47 ACRES Outlet Center Drive FOR SALE

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