LA MIRADA DRIVE Vista, CA 92081

Transcription

1 2345 LA MIRADA DRIVE Vista, CA FOR SALE 13,295 SF INDUSTRIAL BUILDING WATCH THE VIRTUAL TOUR HERE RUSTY WILLIAMS, SIOR (760) DRE LIC# CHRIS ROTH (760) DRE LIC# WILLIAMS ROTH GROUP COMMERCIAL REAL ESTATE SERVICES OUR KNOWLEDGE IS YOUR ADVANTAGE 1900 Wright Place Suite Carlsbad, CA P: (760) F: (760)

2 PROPERTY FEATURES 13,295 SF Freestanding Industrial Building Located in Burke Sycamore Business Center Two (2) 10 x 14 Grade Doors Four (4) Upstairs Private Offices Spacious Downstairs Office Area with Extensive Glass Line Excellent Natural Light Throughout the Building Warehouse Skylights Convenient Truck Circulation and Loading Well-kept Landscaping Accessible to Hwy 78, I-5 and I-15 Power: 400a / v (Expandable) Year Built: 2006 Sale Price: $2,695,000 *Please do not disturb tenant No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Any of the foregoing information will need to be separately verified by Buyer.

3 FLOOR PLAN FIRST FLOOR SECOND FLOOR ROLL UP DOOR ROLL UP DOOR CONF ROOM RR HALL RR RCPT WAREHOUSE OPEN AREA RUSTY WILLIAMS, SIOR CHRIS ROTH (760) (760) DRE LIC# DRE LIC# Wright Place Suite Carlsbad, CA P: (760) F: (760) WILLIAMS ROTH GROUP COMMERCIAL REAL ESTATE SERVICES OUR KNOWLEDGE IS YOUR ADVANTAGE

4 PHOTOS Conference Room with Floor to Ceiling Glass Two (2) 10 x 14 Grade Doors Four (4) Upstairs Private Offices 22 Clear Height Warehouse With Skylights RUSTY WILLIAMS, SIOR rwilliams@lee-associates.com (760) DRE LIC# CHRIS ROTH croth@lee-associates.com (760) DRE LIC# WILLIAMS ROTH GROUP COMMERCIAL REAL ESTATE SERVICES OUR KNOWLEDGE IS YOUR ADVANTAGE

5 SURROUNDING AREA 2345 LA MIRADA DR Melrose Dr Distribution Way La Mirada Dr Joshua Way Sycamore Ave Commerce Way Park Center Dr Business Park Dr Progress St DRIVE TIMES Poinsettia Ave HIGHWAY 78 INTERSTATE 5 INTERSTATE 15 4 min 12 min 13 min Data from SitesUSA

6 LOCATION MAP 15 CALIFORNIA 76 Sycamore Ave La Mirada Drive CALIFORNIA 78 El Camino Real 5 Melrose Dr Sycamore Ave Palomar Airport Rd

7 FINANCING PROPERTY INFORMATION Property purchase price: $2,695,000 Tenant Improvements: $0 Total Project Amount: $2,695,000 Choose from chart below: SBA 504 1st TD rate/amort: 4.80% 25 SBA 7A rate/amort: 5.20% 25 Conventional rate/amort: 4.53% 30 SBA 504 Loan terms: Today s Rates: Amortization (years): 5 year fixed 4.55% 20 7 year fixed 4.65% year fixed 4.70% year fixed 4.70% year fixed 4.75% year fixed 4.80% year fixed 4.80% 25 CDC 2nd Trust Deed 5.25% 20 Average Rate 5.30% 25 SBA 7A Conventional Loan terms: Today s Rates: Amort. 15 year fixed 5.10% year fixed 5.15% year fixed 5.20% 25 Loan terms: Today s Rates: Amort. 5 year fixed 4.35% 30 7 year fixed 4.43% year fixed 4.53% year fixed 4.51% year fixed TBD 20 We price loans based on loan amount, strength of the deal and borrower s existing/proposed relationship with Wells Fargo, etc. so it can depend. SBA 7a SBA 504 CONVENTIONAL Down Payment 15% 10% 25% Total project amount: $2,695,000 $2,695,000 $2,695,000 Down payment: $404,250 $269,500 $673,750 Wells Fargo 1st TD amount: $2,290,750 $1,347,500 $2,021,250 CDC/SBA 2nd TD amount: N/A $1,078,000 Amort - Wells Fargo 1st TD (yrs): Amort - SBA 2nd TD (yrs): N/A 25 N/A Wells Fargo interest rate: 5.20% 4.80% 4.53% CDC rate (based on pmt in yrs 1-5): N/A 6.09% N/A Wells Fargo monthly pmt: $13,660 $7,721 $10,277 CDC/SBA monthly pmt (yrs 1-5): N/A $7,186 N/A Total payments: $13,600 $14,907 $10,277 SBA 7A can be 85%-90% LTV Assumes 25 Call to discuss year fully amortized option on CDC 2nd Trust Deed Assumes property is deemed general purpose ESTIMATED LOAN COSTS Wells Fargo and SBA: Loan documentation fee: $0 $0 $250 Wells ln fee (incl.5% to SBA) $0 $6,738 $0 Estimated Third Party Fees SBA or SBA/CDC loan fee: $61,927 $27,833 $0 Title Insurance/Escrow: $4,000 $8,000 $4,000 Appraisal and review: $3,500 $3,500 $3,500 Environmental: $2,500 $2,500 $2,500 Fund Control: $0 $0 $0 SBA 504 Life Insurance: None TBD None TOTAL FEES: $71,927 $48,571 $10,250 Roy Chiovari - Senior Vice President, Senior Commercial Loan Officer (858) Rates and terms are subject to change. Not a commitment to lend. Numbers are approximates. Sept 2018

8 2345 LA MIRADA DRIVE VISTA, CA FOR SALE 13,295 SF INDUSTRIAL BUILDING RUSTY WILLIAMS, SIOR (760) DRE LIC# CHRIS ROTH (760) DRE LIC# WILLIAMS ROTH GROUP COMMERCIAL REAL ESTATE SERVICES OUR KNOWLEDGE IS YOUR ADVANTAGE Lee & Associates Commercial Real Estate Services, Inc. - NSDC 1900 Wright Place, Suite 200, Carlsbad, CA P: (760) F: (760) No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.