6600 & 6630 STE 100 and 400 Sierra College Blvd., Rocklin CA 95677

Transcription

1 Medical Office Building For Sale Single Tenant Leased Investment 6600 & 6630 STE 100 and 400 Sierra College Blvd., Rocklin CA Offering Memorandum Single-Tenant Leased Investment (Sigma-Aldrich.) 5 Year Lease Remaining A Credit Rating - Medical Tenant 28,100 SF Office Building Offering Price: $8,900,000 Actual NOI $545,874 CAP Rate: 6.19% on Actual Exclusively Offered By: Crossroad Ventures Group Jim Esway BRE# Cell: jimesway@crossroadventures.net ph: fx: Center St., Roseville CA Broker makes no warranty or representation as to the accuracy or completeness of information provided by or to either party. Such data is submitted subject to errors, omissions, changing price, rental terms, withdrawal without notice, and any special listing conditions imposed by the principals.

2 Sierra Vista Office Park - Property Overview

3 Sierra Vista Office Park - Floor Plan 6600 Sierra College Blvd. First Floor 6600, 6630 STE 100& 400 Sierra College Blvd., Rocklin CA Second Floor

4 Sierra Vista Office Park - Location California Map Regional Map

5 Sierra Vista Office Park- Amenities Vicinity Map Recreation: Golf Courses: Del Webb Golf Course - Roseville Del Webb Golf Course - Lincoln Diamond Oaks Municipal Golf Course Granite Bay Country Club Sierra View Country Club Health Clubs: Johnson Ranch Racquet Club 24 - hour Nautilus - Roseville California Family Fitness Center - Rocklin California Family Fitness Center - Roseville, Rocklin Worlds Gym - Granite Bay Sunset Whitney Golf & Tennis Twelve Bridges Country Club Whitney Oaks Golf Club Woodcreek Golf Club 6600, 6630 STE 100& 400 Sierra College Blvd., Rocklin CA Amenities: Public Transportation: Rail: Amtrak Station Airports: Sacramento International Airport - 35 Minutes Auburn Airport - 32 Minutes Lincoln Airport - 15 Minutes Placer County Transit / Rocklin Shuttle Restaurants: Brookfields FATS Piattis Cattlemans McCormick & Schmidt Ruths Chris Chevy s Outback Steakhouse Tahoe Joes Chili s PF Changs Yard House Shopping: Bel Air Office Max Staples Costco Raleys Target Home Depot Safeway Walmart Lowes Sams Club Galleria at Roseville - Regional Mall A ±1,336,009 square foot regional mall anchored by Nordstrom, JC Penney, Sears and Macy s The Fountains A ± 330,000 square foot outdoor retail center anchored by Dave and Busters, Jacks, and Yard House Hospitals: Kaiser Permanente Medical Center Sutter Roseville Medical Center Prominent Area Companies: Aglient Technologies NEC Electronics Allstate Insurance Oracle Corporation Beazer Homes Placer Title Company The Gap Pride Industries Hewlett Packard Roseville Telephone McCarthy Builders Wells Fargp Proximity: Folsom Lake Lake Tahoe Napa Wine Country Reno Sacramento San Francisco 5 Miles 100 Miles 92 Miles 122 Miles 27 Miles 115 Miles

6 Sierra Vista Office Park - Aerial Map

7 Sierra Vista Office Park - Tenant Profile Sigma-Aldrich: Analytical, Biology, Chemistry and Materials About Sigma-Aldrich: Sigma-Aldrich, a leading life science and high-technology company focused on enhancing human health and safety, manufactures and distributes 230,000 chemicals, biochemicals and other essential products to more than 1.4 million customers globally in research and applied labs as well as in industrial and commercial markets. With three distinct business units - Research, Applied and SAFC Commercial - Sigma-Aldrich is committed to enabling science to improve the quality of life. The company operates in 37 countries, has more than 9,000 employees worldwide and had sales of $2.7 billion in 2013 Source: United States. Sigma-Aldrich. N.p., n.d. Web. 04 Nov

8 Sierra Vista Office Park - Investment Summary Investment summary Investment Summary Financial Summary Annualized Operating Data Price: $ 8,900, Expense Pass-through: $ 63, Base Rent ($1.88 PSF): $ 633, Price/SF: $ Gross Scheduled Rental Income (Proforma): $ 633, Expense Pass-through: $ 63, NOI: $ 545, Gross Operating Income $ 697, Actual Income: $ 697, Cap Rate: 6.13% Less Vacancy: 5% $ (34,866.60) Vacancy Factor (5%): $ (34,866.00) Rentable Square Feet: 28,100 Effective Gross Income: $ 662, Effective Gross Income: $ 662, Condo Gross Square Feet: 28,100 Less Expenses: $ (116,592.00) Year Built: 2006 Expense Breakdown: Net Operating Income: $ 545, Taxes $ 50, Less Loan Payments*: $ 437, Insurance $ 6, Pre-Tax Cash Flow: $ 108, Utilities $ - Building Maintenance $ - Management $ 24, *Assumptions: HVAC Repairs/Maintenance $ 6, Interest: 5% Pest Control $ - Amortization (Yrs): 25 Years Property Owner Association $ 30, Down (30%) Total Expenses: $ 116, Net Operating Income: $ 545, Future sales values with cap rates Year GSF RSF Share Annual Rent (NNN) NOI Monthly Rent Per SF Assumes 3% CPI Per Year 6.13% 6.50% 7% 8% ,100 28,100 N/A 633, , % $ 8,904, $ 8,398, $ 7,798, $ 6,823, ,100 28,100 N/A 652, , % $ 9,172, $ 8,650, $ 8,032, $ 7,028, ,100 28,100 N/A 672, , % $ 9,447, $ 8,909, $ 8,273, $ 7,238, ,100 28,100 N/A 692, , % $ 9,730, $ 9,176, $ 8,521, $ 7,456, ,100 28,100 N/A 713, , % $ 10,022, $ 9,452, $ 8,776, $ 7,679, ,100 28,100 N/A 734, , % $ 10,323, $ 9,735, $ 9,040, $ 7,910, ,100 28,100 N/A 756, , % $ 10,632, $ 10,027, $ 9,311, $ 8,147, ,100 28,100 N/A 779, , % $ 10,951, $ 10,328, $ 9,590, $ 8,391, ,100 28,100 N/A 803, , % $ 11,280, $ 10,638, $ 9,878, $ 8,643, ,100 28,100 N/A 827, , % $ 11,618, $ 10,957, $ 10,174, $ 8,903, ,100 28,100 N/A 851, , % $ 11,967, $ 11,286, $ 10,480, $ 9,170, ,100 28,100 N/A 877, , % $ 12,326, $ 11,624, $ 10,794, $ 9,445, **Current Lease for Five Years ***SF of 28,100 consists of : 6600 Sierra College Blvd, 20,440 SF 6630 Sierra College Blvd, Suite 100, 4,166 SF 6630 Sierra College Blvd, Suite 400, 3,536 SF *Disclaimer: These projections were prepared by Crossroad Ventures Group, Inc. and reflect one possible perspective of purchase, leasing and mortgage opportunities that may be available in the market. They do not constitute a representation, warranty, or guaranty of any of the numbers set forth herein. Prospective investors must develop their own independent market analysis, projections, and assumptions before making any decisions.