Property Highlights – McKay Cottage Plaza: includes the building housing McKay Cottage Restaurant, two adjacent office buildings, and an adjacent vacant lot – Real estate only for sale – Priced well below assessed value – 6.75% CAP on APOD, calculated using current rents for income, historical expenses, and projected increases in taxes and insurance – Financials and rent roll available upon completion of an NDA – Property has been maintained; recent sealing and striping and recent HVAC upgrades – Restaurant on a long-term lease; other tenants primarily on two-year leases – Restaurant pays its own utilities; a sub-water meter is in place – No showings until an acceptable offer is in hand