9320 Chesapeake Drive, San Diego, CA 92123

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VERY HIGH RETENTION MULTI-TENANT OFFICE WITH UPSIDE

— 9320 Chesapeake Drive is a ±23,650 SF multi-tenant office building currently 92.73% occupancy across nine tenants. The existing 9 tenants average a historical occupancy over 18 years at the subject property.

— Deep rooted anchor tenant - Esgil Corporation occupies 8,406 SF (35.54% of the building) and has been in continuous tenancy since April 1989 - over 36 consecutive years. This suite recently went through a significant remodel and Esgil invested significant capital into their space.

— Priced to an attractive year one 8.00% Cap Rate and increases to a 9.2% cap rate in Year 4. New ownership will enjoy very strong return with minimal headache, management or capital costs.

— The building has gone through an extensive remodel including new restrooms, updated lobby, lighting, flooring throughout common area, exterior paint & landscaping.

KEARNY MESA - SAN DIEGO’S CENTRAL CORPORATE ADDRESS

— Convergence of All Four Central San Diego Freeways | 9320 Chesapeake Drive is positioned within Kearny Mesa - the only submarket in central San Diego served by all four major freeways: I-15, I-805, SR-163, and SR-52. This freeway confluence delivers immediate connectivity to La Jolla, Mission Valley, and Downtown San Diego, and earns Kearny Mesa the #1 ranking for ingress/egress among all San Diego submarkets.

— Surrounded by San Diego’s Largest Corporate Employers | The building is proximate to a dense concentration of regional anchor employers including Kyocera, Raytheon, L3 Technologies, Cubic, Solar Turbines (a Caterpillar Company), and SHARP Healthcare. Kaiser Permanente’s recently completed $1 billion, 321-bed regional hospital - the largest Kaiser campus in San Diego, employing 1,000 people - is located minutes from the property.