Marcus & Millichap is pleased to offer for sale the Rose Plaza, a 25-378-square foot neighborhood center strategically located in the high-growth and affluent region of Hesperia, CA.

1. “BREAD AND BUTTER” SHOPPING CENTER IN SAN BERNARDINO SUBMARKET | VALUE-ADD |
PRICED BELOW REPLACEMENT COST
15885 MAIN STREET, HESPERIA, CA 92345
PLAY VIDEO
Main Street- 39,000 Cars Per Day

2. PRESENTED BY
LEAD BROKER
Kevin Boeve
Senior Vice President Investments
ONTARIO OFFICE
Tel: (909) 456-3450
kevin.boeve@marcusmillichap.com
CA License: 01247016
Joshua Rey
Associate
ONTARIO OFFICE
Tel: (909) 456-7015
joshua.rey@marcusmillichap.com
CA License: 1776485

3. Financial Overview

4. Financial Overview
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
2
Pricing
Property Name Rose Plaza
Property Address 15885 Main Street
Hesperia, CA 92345
Price $3,590,000
Cap Rate 7.00%
Price/SF $141
Net Operating Income $251,460
Gross Leasable Area 25,378 SF
Lot Size 2.38 Acres
Year Built/ Renovated 1987
Financing
New Loan Amount $2,333,500
Loan Type New
Interest Rate 4.30%
Amortization 30 Years
Year Due 2027
Annualized Operating Data
Scheduled Base Rental Income $302,269
Total Reimbursement Income 22.5% / $68,157
Potential Gross Revenue $370,426
Vacancy (5%) $15,113
Effective Gross Revenue $355,313
Less: Operating Expenses 29.2% / ($103,853)
Net Operating Income $251,460
Cash Flow $251,460
Debt Service ($138,574)
Net Cash Flow After Debt Service 8.82% / $112,886
Principal Reduction $38,996
Total Return 11.87% / $151,882
Expenses
CAM $38,687
Insurance $5,000
Real Estate Taxes $46,670
Management Fee $9,689
Total Expenses $103,853
Expenses/Suite $5,193
Expenses/SF $4.09

5. Financial Overview
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
3
Pricing
Property Name Rose Plaza - Pad
Property Address 15825 Main Street
Hesperia, CA 92345
Price $1,295,000
Price/SF $180
Gross Leasable Area 7,200 SF
Lot Size 0.75 Acres
Year Built/ Renovated 1987
• Value-Add
• Owner/User Opportunity

6. Rent Roll
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
4
Suite Tenant GLA % of GLA
Lease
Expire
Annual
Rent
Annual
Rent/SF
Changes
On
Changes
To
Lease
Type Options
100-120 Century 21 4,000 SF 15.8% 9/30/2019 $47,442 $11.88 10/2017 $3,954 NNN One, One-Year Option
130 Kapasu Insurance 1,000 SF 3.9% MTM $13,800 $13.80 - - Gross -
140 Shear Image Hair Salon 1,000 SF 3.9% MTM $11,400 $11.40 12/2017 $979 NNN One, Two-Year Option
150 Eyebrow 4 U 1,000 SF 3.9% MTM $13,800 $13.80 - - Gross -
160 Latino Service Inc. 1,284 SF 5.1% 6/30/2019 $13,097 $10.20 - - NNN -
170 Furever Pets 2,349 SF 9.3% 6/30/2022 $26,779 $11.40 - - NNN -
180-190 Victorville South Foursquare Church 2,250 SF 8.9% 12/31/2017 $21,600 $9.60 - - NNN One, One-Year Option
200 Smoke Vapor Shop 1,000 SF 3.9% MTM $11,400 $11.40 - - NNN -
210 Asian Pride Market 1,000 SF 3.9% MTM $11,400 $11.40 - - NNN -
220 High Desert Guns & Ammo 1,000 SF 3.9% MTM $13,800 $13.80 - - Gross -
230 Sonjas Antique Store 1,000 SF 3.9% MTM $13,800 $13.80 - - Gross -
240 Farmer Insurance 1,000 SF 3.9% MTM $13,800 $13.80 - - Gross -
250 Party Supply Store 1,000 SF 3.9% 1/31/2018 $11,400 $11.40 - - NNN -
260 Barber Shop 1,000 SF 3.9% 10/31/2018 $11,400 $11.40 - - Gross -
270 Carolina Montiel Women’s Clothing 1,000 SF 3.9% 5/31/2019 $11,400 $11.40 - - NNN -
280 Bao Hong Sun 1,000 SF 3.9% 11/31/2018 $11,742 $11.76 12/2017 $1,008 NNN -
290 Tailor Shop 1,000 SF 3.9% 3/31/2020 $11,400 $11.40 - - NNN -
300 Vitamin/Herbal Shop 1,000 SF 3.9% 1/31/2021 $11,400 $11.40 1/2018 $979 NNN -
310 World Faith Church 1,495 SF 5.9% MTM $20,631 $13.80 - - Gross -
0 Pad (CAM Only) 0 SF 0% - $0 $0 - - NNN
Total 25,378 SF 100% $301,491 $11.88

7. Executive Summary

8. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
6
·· “Bread and Butter” Value-Add Center
·· Monument Signage | Additional Tenant Exposure and
Enhancing Revenue
·· Strong Area Retailers | Benefits From National Ten-
ant Outparcel Traffic From In-N-Out, IHOP, Wingstop,
Panda Express, Walmart, McDonald’s, and Much More
·· Priced Below Replacement Cost
·· Nearly 133,400 Residents With an Average Household
Income of $59,376 Within Five Miles | 10.4 Percent
Projected Population Growth in Next Five Years
·· Low In-Place Rents
·· High Traffic Counts | Main Street Has Traffic Counts of
39,000 Cars Per Day
Highlights
Marcus & Millichap is pleased to offer for sale the Rose Plaza, a 25,378-square foot neighbor-
hood center strategically located in the high-growth and affluent region of Hesperia, California.
The value-add center is 100 percent leased to 19 service-based and retail tenants on triple net
and gross leases.
The property runs along the highly trafficked Main Street corridor (39,000 cars per day). It is
conveniently benefits from the 41,000 homes with $59,376 average household income within
five miles. Along Main Street is In-N-Out, IHOP, Wingstop, Panda Express, Walmart, 99 Cents
Only Stores, Taco Bell, McDonald’s, Stater Bros, and many more national credit tenants.
The Rose Plaza is exposed to the rapid growth and transformation of the surrounding area. Sev-
eral exciting new residential developments have been completed, announced, and are underway
to support the influx of residents drawn to the area, due to affordable cost of living.
Hesperia is located along both the Interstate 15 and SR-395 highways in the expanding High De-
sert region of Southern California. With 17 miles of freeway frontage, Hesperia offers easy access
to 431,000 High Desert residents and traffic counts on Interstate 15 in excess of 200,000 cars
per day. Increasingly, retail businesses and restaurants are staking their claims in the flourishing
City of Hesperia located in the Inland Empire. One of Hesperia’s top priorities is to bring attrac-
tive lifestyle options to its ever-growing base of residents with household incomes that average
$65,774.
Overview
1 Mile 3 Miles 5 Miles
2016 Population 8,588 58,001 133,377
2016 Households 2,570 17,098 41,060
2016 Average Household Size 3.41 3.38 3.24
2016 Daytime Population 1,945 8,696 23,742
2016 Owner Occupied Housing Units 43.77% 60.31% 64.67%
2016 Renter Occupied Housing Units 56.23% 39.69% 35.33%
2016 Average Household Income $48,044 $55,819 $59,376
Value-Add Center Priced Below
Replacement Cost With Low In-Place
Rents
Main Street- 39,000 Cars Per Day

9. Location
15885 Main Street
Hesperia, California 92345
Site
The subject property has frontage along Main
Street.
Square Footage
The building square footage is 25,378-square
feet and the lot size is 2.38 acres.
Year Built
The property was built in 1987.
Traffic Counts
Main Street has traffic counts of 39,000 cars per
day.
Parcel Overview
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
7
Main Street- 39,000 Cars Per Day
SeventhAvenue

10. Property Description

11. Even during the economic downturn of the recent past, Hesperia has demonstrated strong growth and astute planning, keeping its ribbon-cutting shears
sharply honed. One reason is the impressive $1.4 billion retail potential in the Interstate 15 and Main Street trade area of the city encompassing Lewis Retail
Center’s High Desert Gateway, as well as the Marketplace on Main.
The High Desert Gateway, a two-phased 533,000 square foot community shopping center anchored by a 180,000 square foot Super Target was recently
completed in 2016. The Marketplace on Main, anchored by a 195,350 square foot Walmart Supercenter, has a second major of 180,000+ square feet avail-
able for development. Both of these centers contain some of the top-producing retailers and restaurants in the state.
Hesperia finished 2015 with 93,554 square feet of new, expansion and tenant improvement projects as tracked by the Economic Develop­ment Department.
Six projects—Petco, Pacific Eye Institute, WaBa Grill, AM/PM, Hesperia Speedwash, and another first-in-the-region Habit Burger Grill—contributed $24.6
million in taxable sales to Hesperia’s economy, along with 137 jobs. Also included was a two-unit 9,985 square foot, multi-tenant office building on Walnut
Street at Hesperia Road.
In 2016 development activity in the city began with stellar opening sales for the first-in-the-region Tractor Supply Company (TSC), located west of In-
terstate 15 just past the High Desert Gateway on Main Street. With a grand opening in January 2016 less than five months after breaking ground, Tractor
Supply Company reported initial sales for their 18,800-square-foot retail store exceeded company projections by 300 percent.
Joining Habit Burger Grill in The Marketplace on Main, anchored by the Walmart Supercenter, are Pie­ology Pizzeria, Yogurtland, Metro PCS, and Great Clips
in the 14,000 square foot multi-tenant building along Main Street at Escondido.
This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are
approximate. Buyer must verify the information and bears all risk for any inaccuracies. Any projections, opinions, assumptions or estimates used herein are for example purposes only and do not represent the current or future
performance of the property. Marcus & Millichap Real Estate Investment Services is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2017 Marcus & Millichap ACT ID Y0080652
9
Civic Plaza 12
Hesperia
POLICE DEPARTMENT
Hesperia
CITY HALL
Hesperia
LIBRARY
Hesperia Development
Main Street- 39,000 Cars Per Day

12. Confidentiality Agreement
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from
Marcus & Millichap and it should not be made available to any other person or entity without the written consent of Marcus & Millichap. By taking possession of and
reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient
will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum
to Marcus & Millichap.
This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a
preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap
has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected
financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs
or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business
prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum
has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein,
nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or
completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be
responsible for their costs and expenses of investigating the subject property.
All property showings are by appointment only. Please contact the marcus & Millichap agent for more details.

13. PRESENTED BY
LEAD BROKER
Kevin Boeve
Senior Vice President Investments
ONTARIO OFFICE
Tel: (909) 456-3450
kevin.boeve@marcusmillichap.com
CA License: 01247016
Joshua Rey
Associate
ONTARIO OFFICE
Tel: (909) 456-7015
joshua.rey@marcusmillichap.com
CA License: 1776485