Jackson Ranch. Proposed 207± ac Mixed Use Highway Commercial Development. SWC Interstate 5 & Utica Ave in Kings County, CA

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1 Jackson Ranch Proposed 207± ac Mixed Use Highway Commercial Development Rachael Orlando DRE # SWC Interstate 5 & Utica Ave in Kings County, CA For additional information, please contact: Rachael Orlando rachael@retailcalifornia.com DRE # Peter Orlando petero@retailcalifornia.com DRE #

2 Proposed 207± ac Mixed Use Highway Commercial Development: Jackson Ranch Phase 1-25± ac SWC Interstate 5 & Utica Ave. in Kings County, CA Project Description Motorists traveling along Interstate 5 in California between Los Angeles and San Francisco have few choices for high quality, refreshing, and rejuvenating stops. All freeway off-ramp rest areas are essentially the same limited fast food, vending machines, little area to stretch your legs, inhospitable surroundings, unmaintained public rest rooms, acres of asphalt, and few reasons to stop and stay. All parts of transportation are changing and being updated to accommodate today s travelers. Freeway rest areas are about to follow, beginning with Jackson Ranch California s first landmark destination rest stop. Project Highlights Include: Quick Service Restaurants Fast Food Restaurants (drive thru) Automobile Service Stations Truck Fueling Station / Truck Wash Traveler Hotels Green space for relaxation, strolling, and dog park next to 150 acres of almond orchards Project Description The property is currently being entitled for 207 acres of mixed use commercial and Industrial development. Estimated timing to receive the final entitlement approval is Q The Developer is planning to sell or lease the land for each parcel. Improvements to each parcel will include rough grading, and all utilities stubbed to each parcel. All offsite improvements will be provided by the Developer Demographics: 30 Minutes 60 Minutes 90 MiMinutes Total Population: 33, ,430 2,530,135 Total Households: 5, , ,447 Avg HH Income: $40,314 $59,292 $67,882 Total Daytime Pop: 40, ,239 2,519,933 (Source: AnySite) 2018 Traffic Metrics: Interstate 5: 41,340 ADT 15,098,100 Highway 41: 9,434 ADT 3,443,419 Total Exposure: 50,774 Avg Daily Traffic 85,415,519 Annual Traffic (Source: Caltrans, Kalibrate TrafficMetrix)

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4 Proposed Interstate 5 Commercial Development - Phase 1 25± ac

5 Regional Aerial

6 MARKET INFO COMPETITIVE REST STOPS ON 1-5 Tejon Ranch (west side only) 87.3 miles S of Utica Midway Highway 58 (Buttonwillow) 53 miles S of Utica Midway Fast Food Highway 46 (Paso) 40.5 miles SW of Utica Midway Highway 41 (Kettleman City) 7 miles N of Utica Midway 1. In-n-Out 1. Taco Bell 1. Pizza Hut 1. In-n-Out 2. Yogurtland 2. Pizza Hut 2. Subway 2. McDonalds 3. Chipotle 3. Starbucks Drive Thru 3. Taco Bell 3. Subway 4. Panda Drive Thru 4. Subway 4. Jack in the Box 4. Quiznos 5. Starbucks Drive Thru 5. McDonalds 5. Wendy s 5. Carl s Jr. 6. Subway 6. Quiznos 6. Carl s Jr. 6. Starbucks 7. McDonalds 7. K-Mart 7. McDonalds 7. Taco Bell 8. Del Taco 8. Carl s Jr. 8. Quiznos 8. Jack in the Box 9. Wendy's Dairy Queen 9. Baja Fresh 10. Baskin Robbins Arby s Cinnabon Wings Street 12. Restaurants 1. Mauricio's Mexican Restaurant 1. Denny s 1. Denny s 1. Denny s 2. Iron Skillet 2. Willow Ranch BBQ 2. Love s 2. Ascadero Restaurant Taste of India Vegan 3. Green Burrito 3. Bravo Farms Tita s Mexican Restaurant Gas Stations 1. Mobil Shell 1. Mobil Shell Shell Speedy Fuel 3. Pilot 3. Chevron Mobil 4. Mobil Arco 5. Chevron Chevron Truck Stops 1. Petro 1. Valero 1. Royal Truck Wash 1. Valero Questar 2. Valero TA Travel Center 3. Food Mart CAT Truck Scales and Wash 4. Royal Wash Castro Truck Service Hotels 1. Best Western 1. Super 8 Motel 1. Motel 6 1. Motel Motel 6 2. Days Inn Econolodge RV Parks Lost Hills RV Park 1. U ca Midway

7 SITE RADIUS MAP & CA INTERSTATE 5 EXTENT Reno California Drive Time Map here San Francisco & Port of Oakland Las Vegas Port of Los Angeles & Long Beach San Diego

8 CALIFORNIA MINUTE DRIVE TIME MAP

9 Retail California CRE Updated Summary Report Proposed Jackson Ranch Highway Commercial Development Interstate 5 At Utica Ave Kettleman City, CA October 2018 Coordinates Longitude: Latitude: MINUTE 60 MINUTE 90 MINUTE DRIVE TIME DRIVE TIME DRIVE TIME SQ/MI SQ/MI SQ/MI Population Trend 2000 Total Population 32, ,329 1,978, Total Population 35, ,997 2,402, Total Population 33, ,430 2,530, Total Population 33, ,536 2,618,428 Households Trend 2000 Total Households 4,634 94, , Total Households 5, , , Total Households 5, , , Total Households 5, , ,406 Population Change Trend 2000 to 2010 Population Change 9.1% 19.5% 21.4% 2000 to 2017 Population Change 2.2% 22.1% 27.9% 2010 to 2022 Population Change -6.4% 3.5% 9.0% 2017 to 2022 Population Change -0.0% 1.3% 3.5% Household Change Trend 2000 to 2010 Household Change 13.8% 18.6% 18.4% 2000 to 2017 Household Change 14.7% 22.8% 24.5% 2010 to 2022 Household Change 3.4% 7.4% 10.6% 2017 to 2022 Household Change 2.6% 3.7% 5.2% 2017 Race White alone 37.9% 50.2% 54.9% Black or African American alone 8.4% 4.8% 4.7% American Indian and Alaska Native alone 1.4% 1.3% 1.5% Asian alone 1.0% 4.1% 6.6% Native Hawaiian and OPI alone 0.2% 0.1% 0.2% Some Other Race alone 47.8% 34.4% 26.6% Two or More Races 3.4% 5.1% 5.5% 2017 Income Per Capita Income $9,698 $16,746 $20,857 Household Income: Median $30,880 $42,258 $47,683 Household Income: Average $40,314 $59,292 $67,882 Less than $10, % 7.5% 7.3% Data Source: Pitney Bowes Software, Inc 2016 Gadberry Group LLC. All Rights Reserved. Page 1

10 Retail California CRE Updated Summary Report Proposed Jackson Ranch Highway Commercial Development Interstate 5 At Utica Ave Kettleman City, CA October 2018 Coordinates Longitude: Latitude: MINUTE 60 MINUTE 90 MINUTE DRIVE TIME DRIVE TIME DRIVE TIME SQ/MI SQ/MI SQ/MI $10,000 to $14, % 6.5% 6.6% $15,000 to $19, % 6.8% 6.4% $20,000 to $24, % 7.3% 6.3% $25,000 to $29, % 6.5% 5.8% $30,000 to $34, % 6.7% 5.6% $35,000 to $39, % 6.1% 5.0% $40,000 to $44, % 5.6% 4.8% $45,000 to $49, % 4.8% 4.2% $50,000 to $59, % 7.8% 7.8% $60,000 to $74, % 9.4% 9.8% $75,000 to $99, % 10.6% 11.3% $100,000 to $124, % 5.6% 7.1% $125,000 to $149, % 3.6% 4.2% $150,000 to $199, % 2.9% 4.3% $200,000 or more 0.5% 2.2% 3.4% Average household size Total Daytime Population 40, ,239 2,519,933 Total Employee Population 15, , ,557 Total Daytime at Home Population 25, ,692 1,619,376 Total Employee Population (% of Daytime 38.0% 31.6% 35.7% Population) Total Daytime at Home Population (% of Daytime Population) 62.0% 68.4% 64.3% Data Source: Pitney Bowes Software, Inc 2016 Gadberry Group LLC. All Rights Reserved. Page 2