INVESTMENT HIGHLIGHTS

• Diverse Tenant Mix - The Gunbarrel Business Center tenancy includes service companies, light manufacturing, office use, apparel design and marketing, fulfillment distributors and appliance wholesaler.
• Supply constrained market - Governmental processes and a preponderance of open space leaves a limited amount of land left to develop in the area.
• Upside Potential - Average current market rents are 20% higher than average Gunbarrel Business Center rents, there has been strong absorption and continued demand for quality space.
• Strong Employment - As of January, 2008 Boulder’s 3.7% unemployment rate stands well below the state and national averages of 4.5% and 4.8%.
• Visibility - Gunbarrel Business Center enjoys the rare distinction of high visibility along the Diagonal Highway (US 119)
• Proximity to FasTracks - Directly adjacent to the rail bed for the Northwest Corridor of FasTracks, a new $4.7 billion commuter and light rail system. A new rail station will serve the Gunbarrel area.
• Strong Projected Returns - With projected 5-Year IRR of almost 18% from in place leases, a 10-year IRR of nearly 16%, and average cash-on-cash returns of 9.50%, the Gunbarrel Business Center presents an attractive investment, especially in light of the current real estate market.
• Appropriate Design - Primary Tenant Demand in the Boulder flex and light industrial market is 2,000 – 10,000 SF spaces, Gunbarrel Business Center is specifically designed to accommodate this demand.
• Poised For The Future - More than $700,000 has been spent within the past 6 months, all of which will benefit a new owner well beyond current lease expirations.