offering memorandum (l) · 2017. 10. 18. · the median home value is hesperia is $234,000, home...

10375 Baldy Ln, Hesperia, CA 92345

Offered At: $3,200,000

OFFERINGMEMORANDUM

V A C A N T R E S I D E N T I A L L A N D

9471 Haven Avenue, Suite 110 | Rancho Cucamonga, CA 91730T 909.230.4500 | C [email protected] #01869089

Business & Commercial Real Estate Sales & LeasingVICTOR BUENDIA

BROKER CO-OPERATIONBROKER CO-OPERATION

Progressive Real Estate Partners recognizes and appreciates the importance of co-operating brokers in the industry that actively representprospective buyers. It is our goal to work closely with these brokers and share our fee with them, although this fee is not always shared equallydue to certain circumstances. We are pleased inform buyer’s broker of the co-operating fee for this listing or any of our other listings uponrequest. It is our policy to NOT share our fee with buyers/principals that are licensed brokers as our experience has been that we do just asmuch if not more work in these situations and then get paid substantially less as a result.

229471 Haven Avenue Suite 110 • Rancho Cucamonga, CA 91730 • 909.230.4500 • www.progressiverep.com

PRESENTED BYPRESENTED BY

Property Details & Highlights 4Tentative Tract Map 5Photos 6Location Maps 7Retailer Map 8Full Page Demographics Map 9Demographics 10Advisor Bio & Contact 1 11

TABLE OF CONTENTSTABLE OF CONTENTS | Vacant Residential Land


ContentsContentsConfidentiality & DisclaimerConfidentiality & DisclaimerEACH PARTY SHALL CONDUCT ITS OWN INDEPENDENTINVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged toverify all information and to conduct their own inspections and investigationsincluding through appropriate third party independent professionals selected by suchparty. All financial data should be verified by the party including by obtaining andreading applicable documents and reports and consulting appropriate independentprofessionals. Progressive Real Estate Partners makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial dataor assumptions. Progressive Real Estate Partners does not serve as a financial advisorto any party regarding any proposed transaction. All data and assumptions regardingfinancial performance, including that used for financial modeling purposes, maydiffer from actual data or performance. Any estimates of market rents and/orprojected rents that may be provided to a party do not necessarily mean that rents canbe established at or increased to that level. Parties must evaluate any applicablecontractual and governmental limitations as well as market conditions,vacancy factorsand other issues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questionsshould be discussed by the party with a certified public accountant or tax attorney.Title questions should be discussed by the party with a title officer or attorney.Questions regarding the condition of the property and whether the propertycomplies with applicable governmental requirements should be discussed by theparty with appropriate engineers, architects, contractors, other consultants andgovernmental agencies. All properties and services are marketed by Progressive RealEstate Partners in compliance with all applicable fair housing and equal opportunitylaws.

Neither Progressive Real Estate Partners its directors, officers, agents, advisors, oraffiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the any materials or information provided, derived, or received.Materials and information from any source, whether written or verbal, that may befurnished for review are not a substitute for a party’s active conduct of its own duediligence to determine these and other matters of significance to such party.Progressive Real Estate Partners will not investigate or verify any such matters orconduct due diligence for a party unless otherwise agreed in writing.

The information provided in this Offering Memorandum is confidential and canonly be shared with those advisors that a buyer needs to share such information within order to make an informed buying decision. All parties receiving this informationshall not utilize this information to the detriment of the seller including, but notlimited to, utilizing this information to solicit the seller’s tenants for relocation toanother property or contacting the tenants in any way relative to this propertywithout the seller’s prior written approval.


SALE HIGHLIGHTSSALE HIGHLIGHTS

• 40 Acres of residential land for sale• Tentative tract valid until 2019• Located near the I-15 fwy• Walking distance from Hesperia Community Park• Near major retailers located at The Marketplace on Main and

High Desert Gateway shopping centers• Seller financing available• Utilities Available

Property Name: Vacant Residential Land

Property Address: 10375 Baldy Ln, Hesperia, CA 92345

Property Type: Land

APN: 405-261-17,405-261-18,405-261-27,405-261-29,405-261-28,405-261-15,405-261-16,405-261-30

Lot Size: 40.0 AC

Building Size: 1,089,000 SF

Rail Access: N/A

Cross Streets: NEC of Topaz Ave & Mojave St.

PROPERTY OVERVIEWPROPERTY OVERVIEW

Hesperia is just minutes from the Cajon Pass, providing a minimal commute time to the nearby Ontario, San Bernardino andRiverside areas.

The property has a tentative map that shows up to 180 lots to be built in the growing city of Hesperia.

Hesperia has become known, not only for affordable housing, but also for the pleasant desert climate, clean air, beautiful sceneryand sunsets and hometown essence that Hesperia has to offer.

The median home value is Hesperia is $234,000, home values have gone up 9.7% over the past year and it is predicted that it willrise 5.9% within the next year.

Hesperia's growing population has prompted an increase in business growth throughout the City, including the High DesertGateway Retail Center shops at Topaz ,The Marketplace on Main & Topaz Marketplace.

LOCATION OVERVIEWLOCATION OVERVIEW

Located on Topaz Ave and Mojave Street with a population of 139,467 and an average income of $68,779 with in a 5 mile radius.Ideally situated near the I-15 that has 98,000 northbound CPD and 104,000 southbound CPD.Walking distance from theHesperia Community Park that has 8 baseball fields.

PROPERTY DETAILS & HIGHLIGHTSPROPERTY DETAILS & HIGHLIGHTS | Vacant Residential Land


TENTATIVE TRACT MAPTENTATIVE TRACT MAP | Vacant Residential Land


PHOTOSPHOTOS | Vacant Residential Land


LOCATION MAPSLOCATION MAPS | Vacant Residential Land

VISIT INTERACTIVE MAPVISIT INTERACTIVE MAP

https://buildout.com/website/236751-sale?tab=map


RETAILER MAPRETAILER MAP | Vacant Residential Land


FULL PAGE DEMOGRAPHICS MAPFULL PAGE DEMOGRAPHICS MAP | Vacant Residential Land


DEMOGRAPHICSDEMOGRAPHICS | Vacant Residential Land

9471 Haven Avenue, Suite 110Rancho Cucamonga, CA 91730T 909.230.4500C [email protected] #01869089

PROFESSIONAL BACKGROUNDPROFESSIONAL BACKGROUND

Victor focuses on the sale and leasing of retail properties including business opportunity sales. Having previously had his own aircraft partscompany, as well as ownership in restaurants, automotive repair facilities, and car lots, he brings a substantial amount of business knowledge andempathy to his clients. Having walked in their shoes, he utilizes his background to help his clients achieve their business and financial goals.

Victor has been very active in the real estate business since getting his license in 2010. Having entered the business during challenging economictimes, Victor knows that success only comes through providing great service to his clients. Prior to joining Progressive Real Estate Partners (PREP),Victor was associated with UBI Business Brokers. While at UBI, he completed numerous shopping center sales, business sales and lease transactions.

He is a student of the industry having studied with some of the leading trainers of the sales industry including Tom Hopkins, Jim Rohn, and RogerDawson. He loves to read and listen to training audios while he drives so that he can constantly be enhancing his knowledge and ability to serve hisclients.

For 10 years, Victor was the owner of Universal Aviation, an aircraft parts company that sold instrument control parts to airlines all throughout theworld. He travelled extensively throughout the world to meet with clients, but it was during this period of time that he mastered the art ofcommunicating via the phone. Despite these communication skills, Victor much prefers to meet one on one with his clients in an effort to buildlong lasting and mutually beneficial relationships.

Victor is fluent in Spanish and is quick to point out that his name, “Buendia”, means “good day” which is the attitude he brings to the office andhis clients.

At PREP, Victor’s goal is to combine his sales and business knowledge with the tools and resources that PREP has to offer in an effort to solve thereal estate needs of buyers, sellers, landlords, and tenants.

Victor resides in Corona with his daughter.

CA License #BRE01869089

VICTOR BUENDIAVICTOR BUENDIA

Business & Commercial Real Estate Sales & Leasing


ADVISOR BIO & CONTACTADVISOR BIO & CONTACT

offering memorandum (l) · 2017. 10. 18. · the median home value is hesperia is $234,000, home...

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