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FOR SALE 9,700 SF INDUSTRIAL CONDO 4790 CALLE CARGA CAMARILLO, CA

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Page 1: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

FOR

SALE

9,7

00

SF

IN

DU

ST

RIA

L C

ON

DO

4790CALLE CARGACAMARILLO, CA

Page 2: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

Marcus & Millichap, as exclusive advisor, is pleased to present the opportunity to acquire 4790 Calle Carga, Camarillo, CA (“the Property”). Built in 2007, this high image industrial condo end unit is situated in the Carga Business Center, a Class A business park in the affluent city of Camarillo. The Property is well located within short proximity to major transportation arteries, the Point Mugu Naval Base, The Port of Hueneme, Cal State Channel Islands, and a dense, skilled workforce. Perfect for showroom or creative office uses, the Property benefits from attractive architecture, 24 foot clear height, highly improved office space, and stunning mountain views.

Priced well below replacement cost and at a significant discount to similar buildings in the surrounding Conejo and San Fernando Valleys, Calle Carga offers an owner-user the opportunity to build equity in a highly supply-constrained market, while taking advantage of historically low financing costs.

OFFERING SUMMARY

INVESTMENT OVERVIEW

$1,794,500 9,700 SFPrice Building Area

$185 26 SpacesPrice Per SF Parking

2007One 12’ x 14’ ground level door

Year Built Loading

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Page 3: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

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Page 4: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

PROPERTY HIGHLIGHTS

HIGH IMAGE BUILDING PERFECT FOR HQ OR SHOWROOM

DESIRABLE LOCATION

BUSINESS FRIENDLY ENVIRONMENT

Calle Carga is a modern industrial building within a professional business park that caters to the high end industrial user that takes pride in their image. Highly improved office and warehouse space is ideal for showroom, event space, or luxury car storage.

Businesses in Camarillo have a significantly lower cost of doing business than in nearby Los Angeles County. Businesses save with much lower Sales and Business Taxes, and no tax on utility usage, and no minimum wage ordinance.

Own versus Rent with as little as 10% down while taking advantage of historically low interest rates for owner users. Build equity, utilize tax incentives, and control your destiny versus renting amid rapidly rising lease rates.

The desirable Camarillo market benefits from an unmatched combination of ground and sea transportation access, abundant retail amenities, and affordability. The growing community of Camarillo lies at the northernly end of the 101 Tech Corridor, with numerous corporate neighbors. A dense workforce population of over 419 thousand within Ventura County is complemented by numerous executive housing options including Santa Rosa Valley, Dos Vientos, North Ranch, Lake Sherwood, and Malibu.

HISTORICALLY LOW OWNER USER FINANCING COSTS

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Page 5: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

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Page 6: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

PROPERTY DETAILS

9,700 SF TOTAL

PARKING26 SPACES

WAREHOUSE4,058 SF

GROUND LEVEL LOADING DOOR

12 FT X 14 FT

CLE

AR

HEI

GH

T24

FT

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Page 7: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

MEZZANINE2,929 SF

GROUND LEVEL OFFICE1,732 SF

PARCEL234-0-350-055

• Corner unit with mountain views

• Flexible floor plan

• 9 private offices

• 2 conference rooms

• Galley/Kitchenette

• Double door lobby entrance

• ADA compliant restrooms

• Floor to ceiling glass

• Excellent window line

• Fully sprinklered

• Built in 2007

• LM Zoning

• Power - 220 amps, 277-480v, 3 phase 4 wire

• Association Dues of $1,156.32 include landscaping 7

Page 8: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

FINANCING AVAILABLE

SBA FINANCING

Borrower EPC acceptable to lender

Equity $19,450

Monthly Payment $10,795.50

LTV 90% (assuming $1,794,500 valuation)

Conforming Blended Rate 4.2%

Occupancy Cost + to a rental rate of $1.10/sf NNN

ORIGINATION

Origination Fee 1% of total financing

Prepayment 5%/5%/5%/5%/5%

Expected Close 45-60 days

Carlos Monroy, Business Development Officer5900 Wilshire Boulevard, Suite 620, Los Angeles, CA 90036 Direct: (213) 237-1067 l Cell: (909) 957-3538 [email protected]

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Page 9: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

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Page 10: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

479010

Page 11: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

479011

Page 12: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

FLOOR PLANS

FIRST FLOOR

WAREHOUSE+4,060 SF

OFFICE+1,732 SF

120’

58

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Page 13: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

MEZZANINE LEVEL

WAREHOUSE +4,060 SF

OFFICE +4,661 SF

OFFICE+2,929 SF

+48’

58

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Page 14: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

AREA OVERVIEW

QUALITY OF LIFE

BUSINESS FRIENDLY

LOCAL AMENITIES

Camarillo is a thriving community of over 66,000 residents in the heart of Ventura County. Situated on the Oxnard Plain just nine miles from the Pacific Ocean, Camarillo offers an appealing mixture of rural and suburban lifestyles. With more than 300 sunny days annually and an average temperature in the low 70s, Camarillo’s climate is hard to beat.

CAMARILLO OUTLETS

CAMARILLO AIRPORT

OLD TOWN

Camarillo enjoys a reputation as a preferred location for tech, retail, and specialty businesses. Camarillo is also famous for the Camarillo Premium Outlets. The Outlets contain 160 retailers and draw thousands of shoppers to the area each year. The City boasts a highly educated workforce, modern industrial buildings, and strong relationships with local business leaders and other government agencies.

Consistently ranked as one of the safest communities in Ventura County, Camarillo’s location midway between Los Angeles and Santa Barbara is ideal for families who want to take advantage of the region’s amenities while living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling Hills, and Camarillo Springs. Complete with its very own Airport, and Cal State University (CSUCI), Camarillo is commonly known as one of the best places to Live, Work, and Play!

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Page 15: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

WEST VENTURA COUNTY DEMOGRAPHICS

Camarillo Oxnard Ventura

TOTAL POPULATION 67,845 209,877 110,790

TOTAL HOUSEHOLDS 24,640 51,108 40,662

MEDIAN HOUSEHOLD INCOME $92,780 $64,837 $72,859

MEDIAN HOME VALUE $680,207 $390,000 $558,679

67,845TOTAL POPULATION

24,640TOTAL HOUSEHOLDS

$92,780MEDIAN HOUSEHOLD INCOME

$680,207MEDIAN HOME VALUE

MEDIAN HOUSEHOLD INCOME

Camarillo

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Page 16: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

REGIONAL MAP

CAMARILLO AIRPORT

OXNARD

4790CALLE CARGACAMARILLO, CA

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Page 17: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

4790CALLE CARGACAMARILLO, CA

20MILES

40MILES

60MILES

LOCATION DISTANCESSan Francisco Malibu371 Miles 30 Miles

Santa Barbara Los Angeles58 Miles 51 Miles

Ventura Long Beach19 Miles 71 Miles 17

Page 18: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

SALES COMPS

758 CALLE PLANOCamaril lo

SALES PRICE $1,304,000

Sale Date Sep-2018

Building Size 6,284 SF

Price Per SF $210

Year Built 2006

1 2 4670 CALLE CARGACamaril lo

SALES PRICE $1,847,500

Sale Date Jul-2018

Building Size 10,410 SF

Price Per SF $177

Year Built 2001

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Page 19: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

3 3991 CAMINO RANCHERO C a m a r i l l o

3991 CAMINO RANCHERO C a m a r i l l o

SALES PRICE $1,499,000

Sale Date Jun-2018

Building Size 9,961 SF

Price Per SF $150

Year Built 2001

SALES PRICE $2,520,000

Sale Date Feb-2018

Building Size 15,242 SF

Price Per SF $165

Year Built 2006

3

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Page 20: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

GARY COHENSenior [email protected]. 00988655

JAMES DEBUISERSenior [email protected]. 01965942

W W W. V C C O M M E R C I A L . C O M

SALE CONTACTS

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Page 21: FOR SALE - LoopNet · living in an affordable, prospering community. Camarillo is home to gorgeous public and private golf courses, including Spanish Hills Country Club, Sterling

C O N F I D E N T I A L I T Y & D I S C L A I M E RThe information contained herein is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus& Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This material has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject Property. The information contained herein is not a substitute for a thorough independent due diligence investigation. Marcus & Millichap,as a Real Estate Licensee is not qualified to discuss or advise on legal, accounting, or other matters outside of those permitted by state law. Marcus &Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject Property,the future projected financial performance of the Property, the size and square footage of the Property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon,or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject Property. The information contained herein has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. All references to Marcus & Millichap include its officers, partners, agents, sub-agents, and employees. Marcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

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