3225 ADELINE STREET BERKELEY MIXEDUSE BUILDING TEAM JASON

3225 ADELINE STREET, BERKELEY MIXED-USE BUILDING TEAM: JASON MOCHIZUKI, SAFEI GU, FEI ZHAO

• Basic Info. of 3225 Adeline Street, Berkeley • • Mixed use: retail, office, and residential uses Building Size: +/- 5, 874 sq. ft. Lot Size: +/- 4, 870 sq. ft. Sale Price: $1, 300, 000

3225 Adeline Street, Berkeley, CA Price: $1, 300, 000 Year Built: 2004 Building Size: 5, 874 SF Lot Size: 4, 870 SF Price/SF: $221. 31 FAR: 1. 21 Stories: 3 Ground Floor: 1, 874 SF Commercial Space w/ open floor plan Level 2: 2, 000 SF with 2 private offices and conference room Level 3: 2, 000 SF with 3 bed/2 bath apt Roof: Roof deck with panoramic views

• Elevator Pitch • Located at 3225 ADELINE STREET, BERKELEY • Mixed use - Retail, office, and residential uses. • Rent growth: 8. 1% YOY in 2012 with 10% projected in 2013! • Great neighborhood: amenities in Adeline Arts corridor in Downtown Berkeley • High education level and cultural/racial diversity, opens multiple business options for retail. • Transit: yields to more traffic and potential customers • 0. 1 miles from Ashby BART • Walk Score: 94, Bike Score: 94 • Close to Ed Roberts Campus, which. • Property’s commercial value: • Street-corner position raises potential value for retail use. • Good lighting conditions because of its streetside east and south facade. • Roof Top Deck: Possible commercial use as an extension of ground floor retail or tenant garden • Potential weakness: • Noise for residential use? • Distance from campus? Competitors? • Street-corner location-not so advantageous considering major customers coming from the direction of UCB main campus?

• Transit: 0. 1 miles from Ashby BART • Rent Growth: 8. 1% YOY in 2012 with 10% projected in 2013! • Great Neighborhood: amenities in Adeline Arts corridor in Downtown Berkeley • Good lighting conditions because of its streetside east and south facade. • Close to Ashby BART and Ed Roberts Campus, which yields to more traffic and potential customers. • Walk Score: 94 • Bike Score: 94 • Mixed Use: Property has retail, office, and residential uses • Roof Top Deck: Possible commercial use as an extension of ground floor retail or tenant garden • Neighborhood shows high education level and cultural/racial diversity, opens multiple business option for 1 st floor commercial use. • Street-corner location raises potential commercial appreciation for retail use. • Distance from Campus: Approximately 2. 7 miles from central UC Berkeley. When compared to other commercial and residential real estates, its location is not as competitive as those closer to UCB campus. • If the second and third floors will be residential use, the noise pollution from the two adjacent roads will be a weakness for future renting or selling. Strengths Opportunities Weaknesses Threats • Although the street-corner location might be advantageous for retail use, customers coming from UCB will visit the site from north, which weakens the commercial value of its south side of the corner. • Market Forces: Changes to building costs, cap rates, or rent growth assumptions could jeopardize feasibility. • Unexpected Costs: Unknown building issues could arise without an on-site inspection of property.