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 (as of Q1 2026):

• Apple Valley I has an occupancy of 61.9%.
• Apple Valley III is 100% occupied upon completion of ongoing TI improvements.

In October 2025, Apple Valley II was sold to CFD Research. The remainder of the project (totaling 103,760 SF) is expected to be sold in 2026.

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/