COMMERCIAL GROUP

Harris K. NiaziCommercial Real Estate Broker License: OR 201215742Direct phone – 248-770-9974Email-niazi.harris@kw.com

Jaswinder SidhuCommercial Real Estate Broker License: OR 201226743Direct phone – 843-453-2918Email - j.sidhu@kw.com

Amy LogueLicense#: WA - 26895

Washington Designated BrokerKeller Williams Realty Portland Central

2211 E Mill Plain Blvd Ste 301 Vancouver, WA 97661

+/-02.56 Acres

+/-0.7 Acres

TA B L E O F C O N T E N T S

PROPERTY OVERVIEW 03MAPS, AERIAL, TRAFFIC & VIDEOS 07DEMOGRAPHICS AND MARKET 11

Non-EndorsementsKeller Williams Commercial and/or the Broker Presenting this analysis is not affiliated with, sponsored by, or endorsed by any commercial tenant or lesseeidentified in this marketing package. The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship orendorsement by, said corporation of the broker, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Keller Williams and/orthe Broker presenting this analysis, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONSULT YOUR AGENT FOR MORE DETAILS.

DisclaimerTHIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information hasbeen secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of theinformation. References to square footage or age are approximate. Buyer and/or Tenant must verify the information and bears all risk for any inaccuracies.

Copyright HST Group 2019

Cross Roads at 365, Victorville CA

MARKET COMPERABLESPROPERTY NAMECross Roads at 365, Victorville CA

CROSSROADS AT 395330 39th Ave SW Puyallup, WA

OVE

RVIE

W

Approximate Area & BoundariesLot 1: +/-2.56 Acres

HST Commercial is pleased to present a prime +/-2.56 Acre Commercial land fordevelopment, right opposite and facing the South Hill Mall. This land is ZonedCommercial (UCX) under the Puyallup Municipal Code. Excellent Traffic counts andflexible land use allowed under UCX presents a vast range of development possibilities.With not much developable commercial land remaining in the vicinity, this levelled,development pad presents a unique opportunity to tap into the booming Seattle-Tacomamarket economies.

It is minutes to Highway 512 access, and Park & Ride lots to both Tacoma and Seattle. Acomfortable 33 minute drive to SeaTac airport and Just 10 min to the commuter railstations of Puyallup and Sumner apart from various locations of varied interests.

4

Pricing and Financials

Cross Roads at 365, Victorville CA

MARKET COMPERABLES

Cross Roads at 365, Victorville CA SECTION 1: OVERVIEWOVERVIEW

PROPERTY DESCRIPTION

330 39th Ave SW Puyallup, WA

Sale Price: $1,600,000Lot Size: 2.56 AcresSquare foot: 111,718 SFZoning: Commercial UCXPrice Per SF: $14.32APN: 041909-1-058

Approximate Boundaries

HIGHLIGHTS

The urban center mixed-use zone (UCX) is intended to allow a significant commercial component where

standards to ensure pedestrian-oriented design are emphasized, and the constraints of large format retail

are acknowledged and accommodated. To encourage and accommodate the greatest range of uses within

this designation, high-density residential, pedestrian-oriented retail, large format retail and multi-story office

uses are included. Kindly see city zoning and land use through the link below.

https://www.codepublishing.com/WA/Puyallup/

https://www.cityofpuyallup.org/DocumentCenter/View/966/Zoning-Map-PDF-

Excellent Traffic Counts and Demographics

Great Location for Hotel, Retail and/or Multifamily.

Located in close proximity to South Hill Mall and near 2 freeway ramp systems.

Surrounded by Commercial and residential areas including large retail and other businesses

Site has a storm vault already built in at a cost of approx. $250,000.

Plans available for potential development of a Hotel and a Retail Plaza.

Soil study completed in 2008 is available.

A study for seismic considerations put the soil profile as Type D, stiff soil profile. Geotechnical engineering reports are available for sites development

OFFERING

Sale Price: $300,000Lot Size: 0.70 AcresSquare foot: 30,507 SFZoning: RM-COREPrice Per SF: $9.83APN: 041909-1-051

LOT 1 LOT 2

5

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395330 39th Ave SW Puyallup, WA

A storm vault has been constructed on site at a cost of approximately $250,000. It is a state of the art 6 cartridge system with flow restrictors and an infiltration system. Please see actual plan below. Detailed and complete plans are available upon request.

PLAN FOR STORM VAULT ON SITE

SECTION 1: OVERVIEW

STORM VAULT INSTALLED AT SITEOVERVIEW

6

Pricing and Financials

Cross Roads at 365, Victorville CA

MARKET COMPERABLESPROPERTY NAMECross Roads at 365, Victorville CA

CROSSROADS AT 395330 39th Ave SW Puyallup, WA SECTION 1: OVERVIEW

THREE STORY 57 ROOM HOTEL PLANS RETAIL PLAZA PLAN

Owner had an Architectural Engineering firm create plans for a Potential three-story Hotel of 57 Rooms, and a Retail Plaza. Detailed plans will be available upon request.

PREVIOUS PLANS FOR POTENTIAL DEVLOPMENT

OVERVIEW

MAP

S, A

ERIA

L, T

RAFF

IC &

VID

EOS

+/-2.56 AcresApprox Boundaries

8

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395REGIONAL MAP

SECTION 2: MAPS, AERIAL, TRAFFIC & VIDEOS330 39th Ave SW Puyallup, WA

Pierce County

You’ll be in good company in Pierce County, alongside global industry leaders who find this area a great place to do business. Pierce County’s business climate supports manufacturers such as Boeing, Milgard Manufacturing, James Hardie Building Products, Toray Composites (America), Inc. and Medallion Foods. County work continuously to improve the business environment so companies thrive here.

Pierce County has a large supply of vacant industrial land, much of it with rail access and other infrastructure already in place. With County’s affordable utilities and skilled workforce, your business can grow here for years to come.

Recreational Equipment, Inc. (REI), Whirlpool, and Costco have major distribution centers here and innovation thrives at growing firms like the Hanger Clinic, Revalesio, and HeliTrak.

Collection Street Cross Street Cross St Distance & Dir Traffic Volume Count Year Dist from Subject

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395TRAFFIC & INTERACTIVE MAP

39th Ave SW 5th St SW 0.14 W 11,490 2017 0.07

E Meridian Ave 40th Ave SW 0.04 S 41,000 2017 0.16

E Meridian Ave 40th Ave SW 0.13 S 41,000 2017 0.18

E Meridian Ave 40th Ave SW 0.15 S 40,000 2017 0.2

43rd Ave SW 101st Avenue Ct E 0.01 W 5,030 2017 0.23

E Meridian Ave 40th Ave SW 0.13 N 27,530 2017 0.24

37th Ave SE 3rd St SE 0.08 E 15,390 2017 0.27

43rd Ave SE 43rd Ave SW 0.04 W 8,470 2017 0.28

98th Ave E 118th St E 0.06 S 3,200 2015 0.29

E Meridian Ave 47th Ave SE 0.21 S 26,590 2017 0.3

SECTION 2: MAPS, AERIAL, TRAFFIC & VIDEOS330 39th Ave SW Puyallup, WA

10

Subject Property

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395AERIAL & VIDEO

SECTION 2: MAPS, AERIAL, TRAFFIC & VIDEOS330 39th Ave SW Puyallup, WA

DEM

OG

RAPH

ICS

& M

ARKE

T RE

PORT

+/-2.56 AcresApprox Boundaries

Seattle’s economic successremains broad-based, and the unemployment ratehas contracted significantly this cycle. Employmentgrowth has outpaced the national average since2010 and it will likely remain this way in the nearterm, despite an expected slowdown in annual jobgrowth. A strong job market translates to robustincome growth, and the metro's median householdincome is around $87,000, nearly 40% higher thanthe national median and more than 30% higherthan the metro level at the beginning of the cycle.

The largest sector in the Seattle area remainstrade, transportation, and utilities, and it has grownexponentially this cycle. This includes retail trade,which Amazon technically falls under. Trade hasbenefited from strong connections to emergingAsian markets, as have leisure and hospitality,bolstered by increasing international businesstravel and tourism. This has resulted in an ongoinghotel development boom in the region, addingmany construction jobs. The education and healthservices sector benefits from the presence of theUniversity of Washington, which, in addition tobeing one of the metro’s largest employers, hasspawned a cluster of life sciences and biotechcompanies in nearby South Lake Union.

Amid a well-diversified job base, tech is clearly thetoast of the town. The presence of companies likeMicrosoft and Expedia contribute to making Seattlean international center of technology, but Amazonseals the deal. The e-commerce giant continues toexpand rapidly with high-paying jobs in the techindustry, even with its second headquarters (HQ2).The company employs 45,000 people in the metroand could realistically add tens of thousands moreover the next several years.

Other tech companies have been expanding, too,including well-known Bay Area firms. Facebook ison pace to more than double its Puget Soundregional headcount to 4,000 employees.

12

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395MARKET REPORT

SECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

The company has signed several leases in theurban core and Eastside recently. Google isexpanding rapidly in South Lake Union, and couldeasily double its headcount to 6,000 employees inthe metro. Such expansions continue to drivefavorable demographics—the metro’s populationgrowth far outpaces the national average. Thatgrowth helps keep the metro at the forefront ofinnovation, attracting educated new residents withits abundance of well-paying jobs. Ideally, residentswill plow their earnings drive favorabledemographics—the metro’s population growth faroutpaces the national average.

That growth helps keep the metro at the forefront ofinnovation, attracting educated new residents withits abundance of well-paying jobs. Ideally, residentswill plow their earnings back into the localeconomy, generating even more jobs and fueling avirtuous cycle of growth.

The aura of stagnation appears to be lifting atMicrosoft, the Eastside's major tech employer.Despite the company’s announcements that itplans to cut thousands of standalone software jobs(mostly outside the U.S.), CEO Satya Nadella’spush to cloud computing has pleased analysts andshareholders alike. A fresh managerial perspectivecame at just the right time, when Microsoft’sreclamation of its innovative roots had becomeincreasingly necessary. Amazon and Oracle arestrong competitors in the local cloud computingmarket, and Microsoft can no longer rely on PC-based products for revenue. The software giant isin the midst of expanding its Redmond campus,which will likely have room for 8,000 additionalemployees when completed. Initial estimates werefor a 2025 project completion date, but planssubmitted to the city in early 2018 have a more-aggressive completion target of 2022, well beforethe light rail expansion makes its way to Redmond.

13

MARKET REPORTSECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

Overview – Seattle Market Retail

14

MARKET REPORTSECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

Overview – Seattle Market Office

15

MARKET REPORTSECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

Overview – Seattle Market Multi-Family

16

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395DEMOGRAPHICS

SECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

Radius 1 Mile 3 Mile 5 MilePopulation:

2023 Projection 9,928 91,582 187,1462018 Estimate 9,183 84,706 172,7692010 Census 8,118 74,902 150,797Growth 2018-2023 8.11% 8.12% 8.32%Growth 2010-2018 13.12% 13.09% 14.57%2018 Population Hispanic Origin 909 7,051 15,774

2018 Population by Race:White 7,403 69,978 142,010Black 383 3,053 6,617Am. Indian & Alaskan 118 1,231 2,599Asian 510 4,252 9,088Hawaiian & Pacific Island 118 963 1,883Other 651 5,228 10,573

U.S. Armed Forces: 144 935 1,779Households:

2023 Projection 4,393 34,830 69,5962018 Estimate 4,063 32,223 64,2732010 Census 3,579 28,465 56,081Growth 2018 - 2023 8.12% 8.09% 8.28%Growth 2010 - 2018 13.52% 13.20% 14.61%Owner Occupied 1,468 20,092 43,441Renter Occupied 2,595 12,131 20,832

2018 Avg Household Income $69,490 $87,725 $88,476 2018 Med Household Income $50,532 $72,534 $72,782 2018 Households by Household Inc:

<$25,000 1,015 4,294 7,776$25,000 - $50,000 1,004 6,511 12,586$50,000 - $75,000 700 5,912 12,957$75,000 - $100,000 508 5,124 10,621$100,000 - $125,000 303 4,166 7,835$125,000 - $150,000 198 2,336 4,766$150,000 - $200,000 198 2,208 4,353$200,000+ 137 1,674 3,379

Annual Consumer Spending 2018 2023Radius 1 Mile 3 Mile 5 Mile 1 Mile 3 Mile 5 MileTotal Specified Consumer Spending ($) 94,869 922,041 1,877,758 112,416 1,090,657 2,225,806Apparel:Total Apparel 5,479 51,785 104,745 6,276 59,128 119,827Women's Apparel 2,169 20,822 41,810 2,468 23,804 48,050Men's Apparel 1,141 11,185 22,676 1,312 12,793 26,036Girl's Apparel 429 3,970 8,146 505 4,540 9,235Boy's Apparel 297 2,732 5,607 347 3,131 6,354Infant Apparel 275 2,383 4,794 306 2,696 5,409Footwear 1,169 10,693 21,712 1,337 12,164 24,744Entertainment, Hobbies & Pets:Total Entertainment, Hobbies & Pets 8,271 79,341 161,865 9,179 87,977 179,743Entertainment 1,822 18,159 38,033 2,027 20,152 42,250Audio & Visual Equipment/Service 3,558 32,202 65,079 3,961 35,827 72,507Reading Materials 440 4,178 8,381 481 4,624 9,304Pets, Toys, Hobbies 2,450 24,801 50,372 2,710 27,374 55,683Personal Items 6,769 64,914 130,911 7,853 75,369 152,374Food & Alcohol:Total Food & Alcohol 26,903 249,937 505,277 31,763 294,514 596,530Food at Home 14,882 136,537 276,648 17,623 161,566 328,032Food Away From Home 10,270 97,250 196,295 12,165 114,774 232,005Alcoholic Beverages 1,751 16,149 32,334 1,975 18,174 36,493Household:Total Household 12,098 127,115 261,538 13,610 143,338 295,185House Maintenance & Repair 1,592 21,994 47,252 1,772 24,550 52,905Household Equipment & Furnishings 5,512 53,799 110,221 6,127 59,698 122,423Household Operations 3,894 38,744 78,644 4,458 44,904 91,101Housing Costs 1,100 12,579 25,421 1,253 14,186 28,755Transportation and Maintenance:Total Transportation and Maintenance 24,913 242,330 497,309 31,299 303,219 623,360Vehicle Purchases 10,773 108,167 224,128 13,046 130,497 270,842Vehicle Expenses 652 6,066 12,113 804 7,463 14,929Gasoline 8,252 78,251 160,124 11,252 106,262 217,861Transportation 2,023 19,305 38,819 2,477 23,622 47,616Automotive Repair & Maintenance 3,213 30,541 62,125 3,721 35,375 72,112Health Care:Total Health Care 5,005 48,313 97,916 6,003 58,494 118,988Medical Services 2,818 27,850 56,621 3,393 33,626 68,580Prescription Drugs 1,727 16,039 32,344 2,058 19,484 39,481Medical Supplies 459 4,425 8,952 552 5,385 10,928Education & Day Care:Total Education & Day Care 5,431 58,307 118,197 6,432 68,617 139,799Education 3,406 36,489 73,831 4,149 44,215 90,169Fees & Admissions 2,025 21,817 44,366 2,283 24,402 49,629

17

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395DEMOGRAPHICS

SECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

Business Employment By Type # Businesses # Employees # Emp/Bus

Radius 1 Mile 3 Mile 5 Mile 1 Mile 3 Mile 5 Mile 1 Mile 3 Mile 5 MileTotal Businesses 922 3,574 5,975 9,768 32,182 57,078 11 9 10

Retail 168 416 713 3,309 5,589 10,721 20 13 15Wholesale 5 54 144 144 560 2,335 29 10 16Hospitality & Food Service 75 188 312 1,969 3,696 5,524 26 20 18

Real Estate, Renting, Leasing 64 203 347 523 1,485 2,384 8 7 7

Finance & Insurance 74 254 425 346 1,155 1,847 5 5 4Information 13 45 89 136 451 1,343 10 10 15

Scientific & Technology Services 55 245 433 629 1,375 2,741 11 6 6

Management of Companies 1 2 2 3 6 6 3 3 3

Health Care & Social Assistance 279 1,195 1,595 1,622 8,556 10,667 6 7 7

Education Services 10 86 138 84 2,947 4,863 8 34 35

Public Administration & Sales 14 50 87 66 490 1,219 5 10 14

Arts, Entertainment, Recreation 7 37 71 45 219 491 6 6 7

Utilities 2 5 9 49 76 105 25 15 12

Admin Support & Waste Management 21 105 233 75 647 1,730 4 6 7

Construction 29 246 556 112 2,326 5,378 4 9 10Manufacturing 12 67 153 80 741 2,252 7 11 15Agriculture, Mining, Fishing 0 7 19 0 19 343 0 3 18Other Services 93 369 649 576 1,844 3,129 6 5 5

Cross Roads at 365, Victorville CAPROPERTY NAME

Cross Roads at 365, Victorville CACROSSROADS AT 395DEMOGRAPHICS

SECTION 3: DEMOGRAPHICS & MARKET330 39th Ave SW Puyallup, WA

330 SW 39th Ave, Puyallup WA +/ -2.56 Acre Commerc ia l Land

For Sale $1,600,000COMMERCIAL GROUP

+/-02.56 Acres

+/-0.7 Acres