Sale: $1,650,000 ($230PSF) / Lease: $1.75/SF, NNN ±7,167 SF OFFICE/FLEX BUILDING IN DOWNTOWN SACRAMENTO 315 ±4,341 SF 317 ±2,826 SF
FEATURES & HIGHLIGHTS ±7,167 SF Fully improved flex/office building, completely renovated in 2016 with ±300 SF of included receving area M-1 Zoning inside the grid APN: 002-0082-001-0000,.293 AC total Excellent 12th street exposure and signage opportunities Fully functioning tenant improvement for a private school or university Functions as a single building or two seperate units All or part is available for lease 240 Volt / 3Phase / 400 Amp Power / Fire Suppression 9 parking stalls and remote gate access Located 1 block from light rail stop Private shaded courtyard C St 315 12TH STREET 12th St 317 12TH STREET
PARCEL MAP & STREET MAP San Juan Rd W El Camino Ave Garden Hwy 315-317 12TH STREET C St 315-317 12TH STREET G St I St C St 5th St N St Q St T St L St J St P St 21 St S St Capitol City Freeway Land Park Dr 5th Ave 24th St
PROPERTY PHOTOS BUILDING 315 BUILDING 315 BUILDING 315 BUILDING 315
PROPERTY PHOTOS BUILDING 317 BUILDING 317 BUILDING PARKING LOT
FLOOR PLAN ±4,341 SF RR RR RR ±2,826 SF RR Current layout connecting hall
AERIAL MAP American River Sacramento River CAPITOL MALL 315-317 12TH STREET MIDTOWN EAST SACRAMENTO WILLIAM LAND PARK
For: 315-317 12th Street, Sacramento, CA Business Development Officer: Brian Broderick Commercial Loan Officer: Roger Gaskin Phone Number: 916-678-3708 Phone Number: 916-678-3735 SBA 7A vs. SBA 504 Comparison vs. Conventional Fixed SBA 7(a) loan scenario SBA 504 loan scenario Conventional fixed rate (90% Loan to Value) (90% Loan to Value) (75% Loan to Value) Project amount: $1,650,000 Project Amount: $1,650,000 Project Amount $1,650,000 Tenant Improvements $0 Tenant Improvements $0 Tenant Improvements $0 Loan amount: $1,485,000 Wells Fargo loan amount: $825,000 Loan amount: $1,237,500 Amortized over: 25 yrs SBA loan amount: $660,000 Amortized over: 25 yrs Amortized: WF 1st DOT 20 yrs Fixed for: 10 yrs Amortized: SBA 2nd 20 yrs Wells Fargo interest rate** 5.150% $5,546 Mo. SBA 7(a) interest rate*: 5.250% SBA 504 interest rate: 4.920% $4,351 Mo. 5.250% **5 Year Fixed Rate **5 Year Fixed Rate **10 Year Fixed Rate Monthly payment: $8,899 Monthly payment: $9,897 Monthly payment: $7,416 Cash down payment $165,000 Cash down payment $165,000 Cash down payment $412,500 Estimated Cost Summary Estimated Cost Summary Estimated Cost Summary SBA 7(a): Wells Fargo & SBA: Wells Fargo : Guaranty Fee $39,266 Wells Fargo loan fee $8,250 Loan Fee $12,375 Other Fees/Credits $0 CDC Fee $3,300 Other Fees/Credits $0 Packaging Fee $0 Interim Interest SBA 504 loan fee $15,675 Out of pocket costs*: Out of pocket costs*: Out of pocket costs*: Title/Escrow $3,500 Title/Escrow $7,000 Title/Escrow $3,500 Appraisal $3,500 Appraisal $3,500 Appraisal $3,500 Environmental $500 Environmental $500 Environmental $500 Construction $0 Construction $0 Construction $0 Survey, if necessary $0 Survey, if necessary $0 Survey, if necessary $0 Filing/Misc. $250 Filing/Misc $250 Filing/Misc $250 Legal $2,500 Total Fees: $47,016 Total Fees: $40,975 Total Fees: $20,125 Total cash out-of-pocket (Down& Fees) $212,016 Total cash out-of-pocket (Down& Fees) $205,975 Total cash out-of-pocket (Down& Fees) $432,625 10 % Down Payment - 25 yr. Amortization 10% Down Payment 25% Down Payment Fees can be financed - Close 30-45 days Fees can be financed Balloon Payment in 10 Years Finance TI/Moving Costs, etc. Two loan closings Prepayment Penalties Apply - Yield Maintenance Limited Prepayment Penalties - 3yrs[5%,3%,1%] Bank Prepayment Penalty is yield main or 5-4-3-2-1% Close in 45 days - Fees paid upfront Rate locks in at commitment letter for 45 days Additional collateral may apply 2009 Wells Fargo Bank, N.A. All rights reserved. 10-Yr Prepayments Penalties Apply on SBA portion Close in 45-60 days 504 rate is est. & does not lock until debenture funding