leased investment 6,714 sf for sale · laguna hills, ca 92653 lake forest corporate park leased...
TRANSCRIPT
EXCLUSIVELY OFFERED BY:
TRAVIS FORSTERVice [email protected]. #01935471
MATT TURCUTTOVice [email protected]. #01921491
23032 MILL CREEK DRIVE LAGUNA HILLS, CA 92653
LAKE FOREST CORPORATE PARK
LEASED INVESTMENT6,714 SF FOR SALE
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 2
O F F E R I N G H I G H L I G H T S
OFFERING
PRICING: $2,775,000
NOI (FYE Feb. 2020): $166,030
CAP RATE: 6.0%
RENT INCREASES: 3.00% Annual
EXPIRATION: Staggered 5 Years & 3 Years
TENANCY: Multi-Tenant
DEBT: Free & Clear
PROPERTY SPECIFICATIONS
RENTABLE AREA: 6,714 SF
PRODUCT TYPE: Single-Story Office
PROPERTY ADDRESS: 23032 Mill Creek Drive Laguna Hills , CA 92653
YEAR BUILT/REMODELED: 1981/2018
PARCEL NUMBER: 588-151-13
OWNERSHIP: Fee Simple (Land & Building)
Office
Conference Room
OfficeOffice
Entry
Kitchenette
Office
Suite 200 ±2,692 SF
Suite 100 ±4,022 SF
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 3
P R O P E R T Y H I G H L I G H T S
FEATURES• Creative remodel completed in 2018
• High-end contemporary office improvements with polished concrete flooring and exposed ceilings
• Excellent access to a variety of retail and dining amenities
• Abundant 4:1,000 SF surface parking ratio
• Brand new roof
• Efficient single story floorplans
• Multiple Skylights flood space with natural light
• Pure office zoning allows for most any office use
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 4
I N T E R I O R P H OTO S
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 5
P R O P E R T Y H I G H L I G H T S
CENTRAL LOCATION• Convenient access to the 5 and 405 freeways, as well as the 133 toll road
• Walking distance to an abundance of retail and dining amenities, including:
Los Olivos Market Place: Whole Foods, Starbucks, Puesto
Irvine Spectrum: Retail, Dining, Entertainment
Spectrum Crossroads: BestBuy, McDonald’s, Chevron, Del Taco
Alton Marketplace: Walmart, Costco
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 6
TENANT PROFILE
23032 Mill Creek Rd. Suite 100 Laguna Hills, CA 92653
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 10
KOG’ Games
KOG Games is an international gaming company based in Irvine, California. Their flagship game, Elsworld, is an award winning free-to-play multi-player online game. Revenue comes from the development of new characters and in-game enhancements which are sold to the already captive and loyal audience. KOG Games and Elsworld have been an instant success since it’s 2010 founding.
TENANT PROFILE
23032 Mill Creek Rd. Suite 200 Laguna Hills, CA 92653
LEASED INVESTMENT 23032 MILL CREEK DR, LAGUNA HILLS / 11
Traditional Mortgage Acceptance Corporation
Traditional Mortgage Acceptance Corporation (TMAC) is a one-stop shop for mortgage needs. TMAC specializes in underwriting, approving and writing both traditional mortgages and reverse mortgages. TMAC strives to become the leader of Fannie Mae loans.
TMAC’s mission is to help people with their first loan, their last loan and every loan in between.
LEASED INVESTMENT 9213 RESEARCH DR, IRVINE / 12
3.2M+POPULATION
6th LARGEST COUNTY IN US
2nd HIGHEST DENSITY IN CALIFORNIA
37.2 MEDIAN AGE
38% COLLEGE- EDUCATED
POPULATION
30% IN US
5th MOST EDUCATED
COUNTY IN US
5.66%GROWTH
$620,545MEDIAN PROPERTY
VALUE
$81,194MEDIAN HOUSEHOLD
INCOME
Orange CountyAT A G L A N C E
Orange Couny is a 948-square-mile coastal community centrally located within Southern California and widely celebrated as the “California Riviera.” Encompassing 34 incorporated cities, this coastline county is one of the most desirable markets in the country. Orange County offers pro-business communities, a robust and entrepreneurial regional economy, an exceptional labor pool supported by first-class universities, a broad infrastructure network and worldclass amenities—all the qualities make it a highly sought after commercial location and a great place to live.
70 BUS LINES
12 FREEWAYS
2 RAIL LINES
1 AIRPORT
15,000 ACRES OF PARKLAND
180 MILES OF TRAILS
6 BEACHES
18 AAA DIAMOND RESORTS / RESTAURANTS
4 TOP 100 GOLF COURSESIN CALIFORNIA
20 COLLEGE & UNIVERSITIES
103 CULTURAL INSTITUTIONS
17 MEGA-MALL
20 SPORT VENUES
7 PROFESSIONAL SPORT TEAMS
$213.6M GDP
49th LARGEST IN THE WORLD
4.20% GROWTH
1.56M NUMBER OF EMPLOYEES
2nd LARGEST WORKFORCE
IN CALIFORNIA
1.09% GROWTH
3.6% UNEMPLOYMENT RATE
3rd MOST DIVERSE TECH SECTOR IN THE US
15th HIGH TECH JOB GROWTH 2Q15-2Q17
1st MEDICAL DEVICE MANUFACTURING
IN THE US
1st TRANSPORTATION INNOVATION & MASTER
PLANNED COMMUNITIES IN THE US
Licensed as a Real Estate Broker and Salesperson by the CA Bur of Real Estate. The information contained herein has been obtained from sources we deem reliable. While we have no reason to doubt its accuracy, we do not guarantee it. ©2018 Voit Real Estate Services, Inc. All Rights Reserved. Lic #01991785
2020 Main Street, Suite 100, Irvine, CA 92614949.851.5100 • 949.261.9092 Fax www.VoitCo.com
EXCLUSIVELY OFFERED BY:
TRAVIS FORSTERVice [email protected]. #01935471
MATT TURCUTTOVice [email protected]. #01921491
MULTI-TENANTLEASED INVESTMENT