THE OPPORTUNITY

In April 2015, Shopoff acquired the 130,440-square-foot Apple Valley Office Center in Dayton, Ohio, for $7.15 million. Built in 1985, the three-building office campus, comprising Apple Valley I, Apple Valley II, and Apple Valley III, covers approximately six acres of land in the Beavercreek office submarket.

HOW SHOPOFF IS ADDING VALUE

Upon acquisition, Shopoff discussed the importance of leasing up existing vacancy by improving the overall property with parking lot resurfacing, updating elevator mechanicals, and other aesthetic enhancements to common areas.

Status of facilities:

• Apple Valley I had a tenant renewal and expansion, increasing their total leased space to 6,143 square feet.
• Apple Valley II had a tenant expansion on the ground floor, bringing its total leased space to 14,958 square feet.
• Apple Valley III had a tenant sign a lease for 18,108 square feet. Tenant improvements are complete.

Apple Valley II is anticipated to be sold in late 2025. Occupancy for the remaining two buildings was 58% at the end of Q2 2025, with a target of 85% before marketing the remaining buildings for sale.

Disclosures

An investment in a Shopoff fund involves a high degree of risk, including the possible loss of your entire investment, and is illiquid with an uncertain liquidity date. This material does not constitute an offer to sell or a solicitation of an offer to buy any security. Securities offered through Shopoff Securities, Inc. Member FINRA/SIPC.

These properties are one of a number of properties that are managed by Shopoff Realty Investments, and owned by open and closed investment funds. For the listing of all Shopoff’s current holdings visit: https://www.shopoff.com/current-assets/