Investment Highlights 47 ACRE INLAND EMPIRE REDEVELOPMENT OPPORTUNITY ON I-15 FREEWAY * Attractive opportunity to acquire a 47.23-acre site in the Inland Empire for redevelopment. The Outlets at Lake Elsinore is a 318,841-SF outlet mall with 1/2 mile of frontage along Interstate-15 freeway in the city of Lake Elsinore. The property is currently 57% leased. * Zoned CC - Community Commercial, the property allows for a variety of uses. With very few large scale, freeway fronting sites available, new ownership could explore different redevelopment opportunities with a city that is experiencing explosive growth. * The property could present a unique opportunity for an owner-user group that needs immediate scale and cannot wait for the traditional timeline of new development. SUPERIOR FREEWAY FRONTING LOCATION * The property sits on Interstate-15 freeway in Lake Elsinore connecting San Diego to Las Vegas. Surrounded by newer residential and retail amenities, the property has great visibility and accessibility. * The 3,000 acre freshwater lake is the largest natural body of water in Southern California and a huge draw for the city. The proximity to Orange County to the west and Temecula Valley to the south, make Lake Elsinore a highly desirable place to live and work. * Within 15-miles, the property has a population of over 647,322 that is comprised of over 203,579 households with average household income of $124,446. (source ESRI) POTENTIAL REDVELOPMENT STRATEGIES * A++ location with affluent consumers, strong labor pool, local and national users seeking to expand and/or consolidate. * Excellent Infrastructure with a robust freeway system (Interstates 15, 10 & 215 and State Routes 91, 71 & 60), a developing freight movement system that includes airports (Ontario & San Bernardino International), railroads, a network of freight forwarders, and the ports of Long Beach and Los Angeles. * Property potential to incorporate residential offerings with a mix of product types. Ideal for college, university, trade school or other educational or religious campus to take advantage of existing buildings.