CIRCLE K / US POST OFFICE / SHELL GAS

LAKE ELSINORE, CALIFORNIA

EXCLUSIVE INVESTMENT OFFERING

FEATURES:
• Brand New Circle K C-Store, US Post Office CPU and Shell Gas Station
• Fronting 15 Freeway with Prominent Placement on Pylon Signage
• Full US Post Office CPU Located within Circle K
• New 15 Year Absolute NNN Lease with 12.5% Increases Every 5 Years
• Corner Outparcel to Major Office/Medical/Retail/Hospitality Development
• Major Freeway Retail Hub (Railroad Canyon Road Exit)

Jon Selz nick

Pacific Comm ercial Investme nts, Inc.
3700 Campus Drive, Suite 201A
Newport Beach, California 92660
Phone (949) 723-5800 | Fax (949) 723-5801
jon@pcinb.com

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS
LAKE ELSINORE, CALIFORNIA

CONFIDENTIALITY
This is a confidential marketing profile (the "Profile") intended solely for your limited use and
benefit in determining whether you desire to express further interest in purchasing the "Property",
located in Lake Elsinore, California.

This Profile has been prepared by Pacific Commercial Investments, Inc. ("PCI") on behalf of the
owner of the Property (the "Owner") and has been reviewed by representatives of the Owner. It
contains select information pertaining to the Property and does not purport to be an all-inclusive
representation of the state of affairs of the Property, or to contain all the information, which
prospective investors may require. All financial projections and information are provided for general
reference purposes only and are based on assumptions relating to the general economy, market
conditions, competition and other factors beyond the control of the Owner and PCI. The
information contained herein was obtained from third parties, and it has not been independently
verified by PCI. Prospective investors should have the experts of their choice inspect the Property
and verify all information. PCI is not qualified to act as or select experts with respect to legal, tax,
environmental, building construction, soils-drainage or other such matters. Therefore, all projections,
assumptions and other information provided and made herein are subject to material variation.
Neither the Owner nor PCI, nor any of their respective directors, officers, affiliates or
representatives make any representation or warranty, expressed or implied, as to the accuracy of
completeness of this Profile or any of its contents, and no legal commitment or obligation shall arise
by reason of your receipt of this Profile or use of its contents.

The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of
interest or offers on the subject Property, and/or to terminate discussions with any entity at any time
with or without notice which may arise as a result of review of this Profile. The Owner shall have no
legal commitment or obligation to any entity reviewing this Profile or making an offer on the
Property unless and until written agreement(s) for the Property have been fully executed, delivered
and approved by the Owner and any conditions to the Owner's obligations therein have been satisfied
or waived.

By receipt of this Profile, you agree that this Profile and its contents are of a confidential nature,
that you will hold and treat it in the strictest confidence and that you will not disclose this Profile or
any of its contents to any other entity without prior written authorization of the Owner or PCI.
You also agree that you will not use this Profile or any of its contents in any manner detrimental to
the interest of the Owner or PCI.

PCI reserves the right to submit the Property to additional clients on terms that may or may not be
identical to the terms contained herein. By receipt of this Profile, you acknowledge that competing
interests may develop in connection with offers on the Property, and waive any conflict of interest
that might arise as a result thereof. In such case, PCI expressly disclaims any obligation to advance
the interest of any client at the expense of any other client who may receive this Profile. Dealings
with each client shall remain strictly confidential and in no case will PCI disclose the terms of any
actual or potential offer to any competing client.

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS
LAKE ELSINORE, CALIFORNIA

INVESTMENT INFORMATION

This trophy investment opportunity presents an investor with an opportunity to purchase an

absolute NNN leased single tenant Circle K / US Post Office / Shell Gas Station located in
Lake Elsinore, California. The property boasts 2007 pride-of-ownership construction, consisting
of a 3,476 square foot building housing a Circle K convenience store, United States Post Office CPU
(Contract Postal Unit) and Shell gas station with 6 state of the art pumps under a canopy. The lease
features a 15 year primary term with 12.5% increases every 5 years and 2 (5 Year) options to
renew.

The subject property is strategically positioned as the prime corner outparcel to a brand new
development consisting of office, medical, retail and hospitality properties. Additionally, the
property benefits from prime placement on the fre eway pylon sign, serving to draw customers
travelling on the 15 Freeway. In addition to the Circle K convenience store and Shell gas station, the
tenant will be operating a US Post Office CPU, which will provide full postal services to the
residential population base as well as to local retailers, office and medical tenants. The nearest US
Post Office to the subject property is approximately 3 miles away and is on the opposite side of the
freeway, making the subject property the de-facto Post Office for the east side of the 15 Freeway
and the most convenient Post Office for a large portion of the west side of the 15 Freeway as well.

LOCATION

The subject property is located at the SWC of the signalized intersection of Summerhill Drive and
Canyon Estates Drive in Lake Elsinore, California. The subject property benefits from a built in
customer base for all of its uses (c-store, gas and postal services) due to its prime positioning as the
hard corner outparcel to a brand new office/medical/retail/hospitality development. Other tenants
located in the immediate trade area include Wal-Mart, Washington Mutual Bank, In-N-Out
Burger, KFC, Starbucks, Jiffy Lube, 76 Gas, Jiffy Lube, Wien erschnitzel, Holiday Inn
Express and a 24 Hour Urgent Care Medical Ce nter.

TENANT

The tenant is a multi-location franchisee with extensive experience and currently operates under
several top-tier brands, including ARCO AM/PM, Union 76, Shell and Circle K. Contact agent for
further details.

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS
LAKE ELSINORE, CALIFORNIA

INVESTMENT INFORMATION

Property Information:
Address: 31587 Canyon Estates Drive, Lake Elsinore, CA 92532
Location: SW C Sum m erhill Drive & Canyon Estates Drive
Tenant: Circle K / US Post Office / Shell Gas (Franchisee Operator)
Occupancy: 100%
Year Built: 2007
Land: Approx. 27,443 Square Feet
Improvements: Approx. 3,476 Square Feet
Construction: Wood Frame & Stucco / Metal Ca nopy
APN: 363-670-002

Financial Information:
Price: $ 3,800,000
Capitalizatio n Rate: 5.68%
Terms: All Cash, or Cash to New Loan

Annual Operating Information:

C urrent
Scheduled Gross Income: $216,000
Less Expense Recapture: NNN
Gross Operating Income: $216,000
Less Operating Expenses: NNN
Net Operating Income: $216,000

Capitalizatio n Rate: 5.68%

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS
LAKE ELSINORE, CALIFORNIA

RENT ROLL

TENANT SQUARE LEASE LEASE ANNUAL MONTHLY RENTAL OP TIONS LEASE

FEET START END RENT RENT INCREASES TYPE

Circle K / USPS / Absolute

3,476 COE 15 Years $216,000 $18,000 12.5% Every 5 Years 2 (5 Year)
Shell Gas NNN

TOTAL 3,476 $216,000

O C CUPIED 100%

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its accuracy or completeness. Buyer should conduct its
own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

FREEWAY PYLON SIGN

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

US POSTAL SERVICE CPU - SAMPLE LAYOUT

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

PROPERTY PHOTOS

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

ADJACENT PROPERTIES

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

SITE PLAN

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

PARCEL MAP

The Plaza at Lake vie w

Medical / Professional Upscale Office
Subject
Property

Office/Retail

Office

24 HR
Urgent Car Wash
Care
Office

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

AERIAL PHOTOS

Subject

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
 CIRCLE K / US POST OFFICE / SHELL GAS GAS
LAKE ELSINORE, CALIFORNIA

LOCATION MAPS

The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.