INVESTMENT HIGHLIGHTS VALUE-ADD MULTI-TENANT OFFICE BUILDING WITH HUGE UPSIDE * Rare opportunity to acquire a highly desirable multi-tenant office building in Ontario, CA at an exceptionally low basis. The 4-story office building, consisting of 61,056 square feet, is ideally located on Vineyard Avenue in Ontario across from the Ontario Convention Center and immediately off the 10 Freeway. * The property is currently 76% leased to a variety of tenants, mostly in the executive suite space. The largest tenant, Superior Office Suites, occupies space on the 1st floor and the entire 4th floor. Superior Office Suites is a local executive suite office service provider and offers short and long-term office solutions for regional tenants. The remainder of the 2nd and 3rd floor is leased to multiple tenants, across a variety of industries. * With a weighted average lease term of 2.8 years, the property has consistent cash flow with the ability to push while absorbing the remaining vacancy. With so much of the property consisting of smaller suites, there is less capital demand, rollover risk, and more ability to capture the growing demand for smaller executive style suites. STRONG MARKET FUNDAMENTALS * The Inland Empire, a region whose $200-billion economy is equal to that of the State of Utah, has been Southern California’s best-growth market for nine straight years, averaging ±5.2% in economic grow each year, according to the Federal Reserve of St. Louis. The Inland Empire’s population base of 4.6 million people is Southern California’s second largest fueled by a growth rate that is almost 3.5 times more than the rest of the region since 1990. * Ontario is one of the better performing office submarkets in the Inland Empire and is definitely the most notable. According to CBRE Research, Ontario finished Q2 2022 with a market vacancy of 10.4%, but has the second highest average lease rate of all IE submarkets at $2.35/sf. IDEAL SUBURBAN OFFICE LOCATION WITH AMENITIES AND FREEWAY PROXIMITY * Located on Vineyard Avenue, the property benefits from immediate Interstate 10 access, as well as being immediately adjacent to Ontario International Airport. * The property is surrounded by numerous retail, hospitality and commercial amenities, including being across the street from the 225,000 square foot Ontario Convention Center. * Ontario serves as a gateway market to Los Angeles County and provides employers and their employees with a convenient alternative to more expensive Los Angeles office rents and housing options.