HIGH-IMAGE, 5-STORY GOVERNMENT LEASED OFFICE BUILDING WITH USE ABILITY — Iconic Riverside Office Building | 1325 Spruce Street is one of the more iconic office buildings in Riverside and the Inland Empire. The 5-story steel and glass building was built in 2007 and has never been available for sale until now. — Strong Tenant Roster | At ±84% leased to 5 tenants, including the Stanbridge University (has a CUP for occupancy) County of Riverside (Aa2 Moody’s Credit Rating) and the State of California (Aa2), position the building with strong tenant roster and good day 1 income. — Owner-User Flexibility | The building currently has ±12,128 SF of available occupancy, but with the upcoming County lease expiration, an owner-user could get roughly ±36,371 SF of additional occupancy by October 2026. This flexibility would allow new ownership to take advantage of favorable SBA financing. — Upside Opportunity | In-place rents are roughly 8% below market levels allowing for future strengthening of the income stream. Riverside’s tightening office market should also help drive more market rent growth as Class A vacancies continue to compress. STRONG MARKET FUNDAMENTALS — Lowest Office Vacancy in U.S. | The Inland Empire boasts a vacancy rate of 7.5% —Q2 2025, and has consistently been one of the the lowest U.S. office vacancy rates since 2020. Riverside, the Inland Empire’s largest office market with over 6.5M SF of inventory, currently has a vacancy rate of 7.5%. — No New Office Construction | The Inland Empire has nothing in the pipeline or planned for new office construction, creating even more value in the existing properties in the market. GREAT OFFICE LOCATION WITH FREEWAY ACCESS AND NEARBY AMENITIES — Strategic Transport Location | The Property enjoys a prominent location near the I-215/SR-60/SR-91 freeway interchanges that connect the Inland Empire to Orange and Los Angeles Counties. It is a short distance from the Riverside-Hunter Park rail station Metrolink. — UCR Synergies | Less than 2 miles from the Offering is the prestigious University of California, Riverside (UCR), ranked 58th among Top Public Universities in the United States by U.S. News and World Report. UCR enrolls approximately 23,000 students in more than 190 Bachelor’s, Master’s and Ph.D. degree-programs. As the only public research university in the Inland Empire, UCR attracts approximately $200 million in research funds and provides an economic impact of close to $2.3 billion annually. — Retail Amenities | In addition to abundant surrounding amenities, the Offering is situated 10 miles from the Galleria at Tyler, the largest and most prominent shopping complex in Riverside, totaling 1.2 million square feet and with more than 170 stores, including Macy’s and AMC Theaters. South of the Property is Moreno Valley Mall, a 1.1-million-square-foot shopping center with more than 140 popular brands.