free-standing commercial office building · 2018. 7. 27. · anaheim is known worldwide as the home...

For SaleFree-Standing Commercial Office Building

2560 Woodland Drive, Anaheim, CA 92801

Offering MemorandumHighlights –• Property is in Excellent Condition• Move-In Ready with Existing

Extensive Office Build Out• Located near the 5 & 91 Freeways• Surrounded by other free-standing

commercial buildings in a nice Cul-de-Sac

• Perfect for Owner/User or as an Investment Property

Greg Jones ǁ President(562) 697-3333x21 ǁ (714) [email protected] License #00661121EXCLUSIVELY LISTED BY:

Sale Price $1,595,000

Matthew Jones ǁ Associate(562) 697-3333x27 ǁ (949) 335-2997 [email protected] License #01943854

CONFIDENTIAL OFFERING

The information contained herein does not purport to provide a complete or fully accurate summary of the Property or any of the documentsrelated thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyers may need or desire. Allfinancial projections are based on assumptions relating to the general economy, competition, and other factors beyond the control of theOwner and Broker and, therefore, are subject to material variation. This Marketing Package does not constitute an indication that there hasbeen no change in the business or affairs of the Property or the Owner since the date of preparation of the information herein. Additionalinformation and an opportunity to inspect the Property will be made available to interested and qualified prospective buyers.

Neither Owner no Broker no any of their respective officers, Agents or principals has made or will make any representations or warranties,express or implied, as to the accuracy or completeness of this Marketing Package or any of its contents, and no legal commitment orobligation shall arise by reason of the Marketing Package or its contents. Analysis and verification of the information contained in theMarketing Package is solely the responsibility of the prospective buyer, with Property to be sold on as is, where-is basis without anyrepresentation as to the physical, financial or environmental condition of the Property.

Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase theProperty and/or terminate discussions with any entity at any time with or without notice. Owner has no legal commitment or obligations toany entity reviewing this Marketing Package or making an offer to purchase the Property unless and until such sale of the Property isapproved by Owner in its sole discretion, a written agreement for purchase of the Property has been fully delivered, and approved byOwner, its legal counsel and any conditions to the Owner’s obligations thereunder have been satisfied or waived.

This Marketing Package and its contents, except such information which is a matter of public record or is provided in sources available tothe public (such contents as so limited herein called the “Contents”), are of a confidential nature. By accepting this Marketing Package, youunconditionally agree that you will hold and treat the Marketing Package and the Contents in the strictest confidence, that you will notphotocopy or duplicate the Marketing Package or any part thereof, that you will not disclose the Marketing Package or any of the Contentsto any other entity (except in the case of a principal, who shall be permitted to disclose to your employees, contractors, investors andoutside advisors retained by you, or to third-party institutional lenders for financing sought by you, if necessary, in you opinion, to assist inyour determination of whether or not make a proposal) without the prior authorization of the Owner or Broker, and that you will not use theMarketing Package or any of the Contents in any fashion or manner detrimental to the interest of the Owner or Broker.

The information contained herein has been obtained from sources we deem reliable. We cannot assume responsibility for its accuracy.

TABLE OF CONTENTS

Offering Summary 4Financial Summary 5Interior Photographs 6Sales Comparables 7Sold Comparables 8Aerial 9Parcel Map 10Floor Plan 11Demographics 12Area Information 13

TABLE OF CONTENTS

OFFERING SUMMARY


SALE PRICE: $1,595,000

MARKET: City of Anaheim

PROPERTY LOCATION:The subject property is situated in an commercial/industrial complex located at 2560 West Woodland Drive east of Magnolia Street and north of La Palma Avenue in the city of Anaheim. It is surrounded by other commercial/industrial free-standing buildings, retail and residential properties. The property is located close to the 5 and the 91 Freeways.

DESCRIPTION: A free-standing commercial office building in excellent turn-key condition that is move in ready with existing extensive office build-out. Including offices, conference room, reception area, breakroom, a data room with anti-static floor, security cameras, computer & telephone networks that run in the walls to all of the spaces. New roof was installed in 2012 with white reflective coating and the heating ventilation air conditioning system is less than six years old.

APN: 071-533-15

YEAR BUILT: 1980

BUILDING SIZE: 6,603

LOT SIZE: 20,872

ZONING : I (Industrial)

FINANCING: Cash or Cash to New Loan

TOPOGRAPHY: Generally Flat

CONSTRUCTION: Concrete Tilt-Up Construction

PARKING: 26 Spaces

TENANT: Freight Force, Inc.

LEASE TERM: Commencement Date November 1, 2012 Expiration Date October 31, 2018

RENT:$8,173 plus net fees (owner pays insurance)

No Security Deposit.

ASSOCIATION FEE:$433.02 (paid by tenant) Includes Landscapingand nightly Security Patrol Service

FINANCIAL SUMMARY


Financial Summary

ACTUAL

Gross Scheduled Income $98,076A Triple net lease with 6,603 SF @ $1.24 PSF

Total Gross Scheduled Income $98,076

Annual Operating Expenses $3,600Owner cost of insurance

Net Operating Income $94,476

CAP Rate 5.92%

INTERIOR PHOTOS


Reception Area

Office

Conference Room

SALES COMPARABLES


SOLD COMPARABLES


AERIAL


2560 Woodland Drive, Anaheim, CA 92801

PARCEL MAP


APNS: 071-533-15 – Subject Property outlined in red.

FLOOR PLAN


DEOMGRAPHICS


DEMOGRAPHICS

Snap ShotPopulation 358,546Anaheim Area 50.8 Square MilesPopulation Density 7,057 Per Square MileMedian Age 33.7 yearsAverage Household Income $84,054Median Household Income $64,464Average Family Income $87,825Median Family Income $67,919Average per Capita Income $25,127

Income

Housing

Ethnicity

AREA INFORMATION

CITY OF ANAHEIM

The information contained herein has been obtained from the city of Brea’s website. We cannot assume responsibility for its accuracy.

Anaheim is a full‐service city supporting more than 358,000 residents, 23,000 businesses and 25 million annual visitors. The city provides public safety through the Anaheim Police Department and Anaheim Fire & Rescue, water and power service through Anaheim Public Utilities, parks, community centers, family services and libraries through Anaheim Community Services, neighborhood and transportation improvements through Anaheim Public Works and community revitalization through Community & Economic Development. Anaheim is a modern, diverse city with a proud history dating back to its 1857 founding. Anaheim is known worldwide as the home of the Disneyland Resort, including Walt Disney’s original Disneyland Park, as well as Angel Stadium of Anaheim and Angels Baseball, Honda Center and the Anaheim Ducks, and the Anaheim Convention Center, the largest on the West Coast. Anaheim’s thriving visitor industry and business community help support the city’s neighborhoods and make Anaheim a great place to live, work and play.

free-standing commercial office building · 2018. 7. 27. · anaheim is known worldwide as the home...

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