6085 STATE FARM DRIVE, ROHNERT PARK

Size: px

Start display at page:

Download "6085 STATE FARM DRIVE, ROHNERT PARK"

Hector Jerome Hensley
6 years ago
Views:

1 6085 STATE FARM DRIVE, ROHNERT PARK FOR SALE High Quality Office/Industrial Building Owner/User or Investment ±65,500 SF BUILDING $7,400,000 EXCLUSIVE AGENT: Ron Reinking Managing Director CA RE License# /17

2 Property Features $7,400,000 ($113/sf) Total square footage ±65,500 sf, Gross ±39,621 sf- Office/R&D space ±35,397 sf - Available St. Helena Larkfield Wikiup 101 SANTA ROSA Rohnert Park ±10,921 sf Available Outstanding intrinsic value: well below replacement cost ±3.95 Fully improved parcel; 150+ parking stalls APN: v; 2,000 Amp main panel/fiber optic Two-story office with attractive lobby;elevator served Zoning: IL (Industrial/Office Overlay) High quality concrete tilt-up construction built in 1996 Rear loading area with grade level and depressed dock doors Outside patio area/employee showers Central Sonoma County location with great highway access Walking distance to the SMART train depot Warehouse: 24 clear height/air conditioned Priced below replacement cost, upside potential Three existing Tenants: Marmot Mountain, LLC: ± 14,958 SF - Warehouse Sierra Pacific Mortgage: ± 4,224 SF - Office Monark: ±10,921 SF - Warehouse ±2,799 SF - Show Room Glen Ellen 12 Eldridge Cotati Vacavi TY UN CO TY UN PA CO NA MA NO SO Yountville 101 ±25,879 sf - Warehouse 29 Roseland Boyes Hot Springs El Verano NAPA COUNTY SOLANO COUNTY Napa Sonoma 101 Fairfield Suisun City Green Valley Temelec Petaluma SO NO M A CO MA UN RI TY N CO UN TY American Canyon 37 Novato Lucas Valley Marinwood Bayview Montalvin Tara Hills Larkspur Corte Mill Valley Madera Muir Beach San R afael / Richm ond B ridge Tamalpais -Strawberry Homestead Valley GOLDEN GATE NATIONAL RECREATION AREA Bay Poi Rodeo Santa Venetia MOUNT TAMALPAIS STATE PARK Port Crockett Costa 101 Kentfield Stinson Beach 780 Benicia San Pablo Bay San San Anselmo Ross Rafael Bolinas Vallejo Lagunitas Forest Knolls San Geronimo Woodacre Black Point Green Point San 80 Pablo Vine Hill 4 Hercules Pinole Martinez El Sobrante Concord Richmond 580 East Richmond Heights BRIONES REGIONAL PARK El Kensington Cerrito Tiburon Albany Orinda UC BERKELEY Belvedere Sausalito 4 Pleasant Hill Waldon Walnut 24 Lafayette Creek Berkeley Alamo Emeryville Piedmont Moraga Diab idge Bay Br Golden Gate Bridge 80 SAN FRANCISCO 280 Daly City Broadmoor Colma Brisbane 101 Danville OAKLAND Alameda 880 OAKLAND INTERNATIONAL AIRPORT San Francisco S Ra 580 San Leandro Ashland San Cherryland Lorenzo Castro Valley Fairview

SBA 504 Sample Loan Project Amount: $7,400,000 SBA 504 loan scenario (90% Loan to Value) First loan amount: $3,700,000 SBA loan amount: $3,025,038 Amortized: bank 1st DOT 25 yrs Amortized: SBA 2nd 20

3 SBA 504 Sample Loan Project Amount: $7,400,000 SBA 504 loan scenario (90% Loan to Value) First loan amount: $3,700,000 SBA loan amount: $3,025,038 Amortized: bank 1st DOT 25 yrs Amortized: SBA 2nd 20 yrs Bank interest rate** 4.200% $19,941 Mo. SBA 504 interest rate: 4.080% $18,856 Mo. Monthly payment: $38,797 Cash down payment $740,000 Bank & SBA: Estimated Cost Summary Bank loan fee $46,250 CDC Fee $1,500 Interim Interest SBA 504 loan fee (Financed by SBA) $65,038 Out of pocket costs*: Title Insurance $1,000 Appraisal $3,500 Environmental $2,500 Interim Loan Fee $0 Survey, if necessary $0 Filing/Misc $500 Legal $2,000 Total Fees: $57,250 Total cash out-of-pocket (Down & Fees) $797,250 10% Down Payment, Close in 60 to 75 days Twenty year fully amortized SBA 504 second loan Ten Year Prepayment Schedule. Prepayment for first loan varies First loan interest rates vary by bank Please note that rates and terms change daily and are available only for qualified borrowers. A specific quote is given after the receipt of loan documents. All terms are approximate Bill Hand Business Development Officer P: (415) E: bill.hand@att.net

4 Aerial Wilfred Ave Golf Course Dr Enterprise Dr Commerce Blvd Southwest Blvd b Dr Rohnert Park Expy lu Country C Redwood Dr 6085 State Farm Dr

5 ss Floor Plans First Floor Usable square feet Office ±6,247 sf R&D/Production ±3,037 sf 1,975 SQ. FT. Cafeteria/Multi-Use ±2,544 sf Warehouse ±10,870 sf Occupied ±20,535 sf Common Area Second Floor Usable square feet Office ±11,551 sf

6 Drive Around Patio Area Loading Area

7 Corridor Second Floor Office Lobby Stairway

8 Conference Common Area Common Area

9 Warehouse

6085 STATE FARM DRIVE ROHNERT PARK EXCLUSIVE AGENT: Ron Reinking Managing Director 707.583.8423 rreinking@ngkf.

10 6085 STATE FARM DRIVE ROHNERT PARK EXCLUSIVE AGENT: Ron Reinking Managing Director CA RE License# /17 The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

For many local communities, the distribution of 2040 employment and household forecasts may be

For many local communities, the distribution of 2040 employment and household forecasts may be DATF,- August 10, 7,016 RE: Plan Bay Area 2040 DRAFT Preferred Scenario Dear Colleagues, The Plan Bay Area 2040 Draft Preferred Scenario is now ready for review and MTC and A BAG are seeking the input