3156 - LoopNet · 2017. 6. 13. · Address: 3156 Lionshead Ave, Carlsbad, CA 92010 Business Park:...
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3156 lionshead ave carlsbad, ca 9,769 SF Freestanding Carlsbad Office Property
Transcript of 3156 - LoopNet · 2017. 6. 13. · Address: 3156 Lionshead Ave, Carlsbad, CA 92010 Business Park:...
3156 lionshead ave
carlsbad, ca
9,769 SF Freestanding Carlsbad Office Property
3156 lionshead ave 01
table of contents
Isaac [email protected] #01702879
Marko [email protected] #01773106
TJ [email protected] #02014349
investment highlights
property overview
floor plan
aerial map
site plan
location overview
financial analysis
drone & video tour
Lee & Associates Commercial Real Estate Services, Inc. - NSDC 1900 Wright Place, Suite 200, Carlsbad, CA 92008 P: (760) 929-9700 | F: (760) 929-9977
investment highlights Identity & Image High profile improvements
Custom layout and improvements built for a unique image
Freestanding building identity with scenic canyon views
Strong SubmarketCarlsbad continues to thrive as North County’s strongest submarket
Strong employment base in Carlsbad
Sale prices and lease rates are experiencing tremendous growth
Condominium DevelopmentConsists of two (2) condominiums consisting of 4,895 & 4,874 square feet
Ability to sell units off separately if needed
Ease of management – association maintains the roof, fire suppression systems, exterior property insurance & all common areas
Smaller association with 13 condominiums
Future UpsideNo small building “for sale” office projects planned in Carlsbad
Majority of vacant land in the area has been purchased increasing the value of existing buildings
Priced ±35% below current replacement costs with construction costs steadily increasing
LocationEasy access from Encinitas, San Marcos, Vista & La Costa
Close proximity to Interstate 5, Highway 78, Palomar Airport Rd and Melrose Drive
Near retail, food courts and public parks
Seller Leaseback PotentialSeller would consider leasing back a portion of the property
Excellent opportunity for a growing company who needs future expansion
Call brokers for additional information
One of a kind owner user or investment property located within the master planned Carlsbad Raceway Business Park
Purchase Price: $2,800,000 ($286/SF)
Lease Rate: $2.10/SF Single Tenant Gross 03 3156 lionshead ave
property overview
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Address: 3156 Lionshead Ave, Carlsbad, CA 92010
Business Park: Lionshead Point - part of the Carlsbad Raceway Business Park
Rentable Square Feet: 9,769 Square Feet
Divisibility: Currently demised into two (2) suites (8,086 & 1,683 SF) with separate exterior entrances
# of floors: 1 story building
Year Built: 2007
Ownership Type: Condominium Development
Construction Type: Wood Frame
Zoning: PM
Sprinklers: Fire Sprinklers Throughout
Parking: 4 Spaces per 1,000 SF
Restrooms: Two (2) sizeable upgraded Restrooms with showers
Buildout: Fully Improved with Class A ++ Improvements (see following pages for floor plan)
3156 lionshead ave
07 3156 lionshead ave
This 9,769 SF single story building consists of the following components:
• Expansive lobby and reception area
• 19 private offices with ability to expand
• Large conference room
• Two (2) large upgraded restrooms
• IT/data room & storage
• Collaborate work areas
• Extensive glass-line throughout
• Accommodating employee lounge & kitchen
• Existing FF&E potentially available
floor plan layout
3156 lionshead ave
08 Open Office
SUITE 11,683 SF
SUITE 28,086 SF
Office
Office
Office Office Office Office Office Office
Office
Office
Office
OfficeOffice
OfficeOfficeOffice
Office
Open Office
SDGERoom
IT/Data Room & Storage
Cubicles
Work Area
Kitchen
Kitchenette
Storage
Work Area
Work Area
Work Area
Men’sRR
Women’sRR
Display Wall
Conference Room
condominium plan site plan
3156 lionshead ave
3156 Lionshead Ave
Unit #: APN #: Rentable SF: Project Percentage:
Unit 2 221-880-17-02 4,895 Square Feet 8.16%
Unit 3 221-880-17-03 4,874 Square Feet 8.19%
Units 2 & 3 221-880-17-02, 03 9,679 Square Feet 16.35%
Unit 34,874 SF
Unit 24,895 SF
Building Module Footprint (BMP) &Unit Footprint (UF)
aerial map
3156 lionshead ave
Lionshead Ave
Palomar Airport Road
Eagle Dr
S. Melrose Dr
15 3156 lionshead ave
San Diego, CACalifornia’s second largest city and the United States’ eighth largest, San Diego boasts a citywide population of nearly 1.3 million residents and more than 3 million residents county wide. Within its borders of 4,200 sq. miles, San Diego County encompasses 18 incorporated cities and numerous other charming neighborhoods and communities. San Diego is renowned for its idyllic climate, 70 miles of pristine beaches and a dazzling array of world-class family attractions. Popular attractions include the world-famous San Diego Zoo and San Diego Zoo Safari Park, SeaWorld San Diego and Legoland California. The beach is more than a boundary dividing land from sea, more than a place to swim or sunbathe. In San Diego, the beach is a way of life, a source of pride and joy, a defining influence in people’s lives. For some, the mere memory of a mid-summer sunset melting into the Pacific is reward enough. Others have a more intimate relationship with the sea: surfing and sailing, biking and running, swimming and diving along San Diego’s many coastal beaches and bays. The City of San Diego’s strong economy, diverse population, great educational institutions, unsurpassed quality of life, and world-renowned location make it the ideal place to do business, to work, and to live. Because of its highly-educated workforce and mix of high-tech industry and recreational assets, a marketing consortium of high-tech industries has dubbed San Diego “Technology’s Perfect Climate.”
EscondidoSan Marcos
Rancho Bernardo
Miramar
Sorrento Valley
Sorrento Mesa
VistaOceanside
Carlsbad
3156 Lionshead Ave
Encinitas
Torrey Pines
Downtown San Diego
Orange County
Temecula
Murrieta
CITY STATISTICS 1 MILE 3 MILES 5 MILES
TOTAL POPULATION 5,120 85,040 256,854
AVERAGE HH INCOME $120,158 $96,832 $99,416
MEDIAN HH INCOME $103,555 $82,379 $84,488
Carlsbad, CAKnown as “The Village by the Sea,” the city of Carlsbad offers the charm of a European town with the conveniences of a large city. As you wander streets lined with antique stores, boutique shops and sidewalk cafés, you’ll soon discover much more, including miles of coastline, beautiful flower gardens and world-class shopping. Carlsbad’s perfectly mild climate combined with its location along the coast make it both an optimal place to live and work. Many new residential and commercial developments are underway to help support the major housing demand and the overwhelming demand from companies looking to move to or expand in the area.
Carlsbad has become one of San Diego’s most thriving business communities with a robust industrial, research & development, office and retail market. Carlsbad has a thriving action sports industry with over half of the action sports jobs in San Diego County currently located in Carlsbad. In addition, the city is home to innovative life science and high tech companies which include ViaSat (city’s largest employer), Thermo Fisher Scientific, TaylorMade, Ionis Pharmaceuticals and Genoptix.
Areas like the Carlsbad Research Center, Carlsbad Oaks Business Park and Carlsbad Raceway Business Park continue to be areas targeted by companies looking to move to the area.
Downtown San Diego37 Miles
Encinitas10 Miles
Sorrento Valley25 Miles
Poway23 Miles
Temecula32 Miles
Vista5 miles
DISTANCE FROM 3156 LIONSHEAD AVE
3156 lionshead ave
location overview
financial analysis
3156 lionshead ave
Ownership Cost of Occupancy BreakdownBuilding Size: 9,769 Square Feet
Purchase Price: $2,800,000
Closing costs & Fees: $30,000
Down Payment (10%) $283,000
Principal Loan Amount $2,547,000
Interest rate (blended): 4.6%
Amortization: 22.5 years
Mortgage Payment: $15,331
Property Taxes: (Monthly @ rate of 1.073%) $2,504
Fixed special assessments: $294
Insurance: $80
Association dues: $1,690
Total Monthly Costs: $19,898
Gross Monthly Occupancy Cost per SF: $2.04/SF
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drone & video tour
go to https://youtu.be/x_Q0LN-skYF8
to start tour!
3156 lionshead ave
carlsbad, ca
Isaac [email protected]
760.929.7862CalBRE #01702879
Marko [email protected]
760.929.7839CalBRE #01773106
No warranty or representation is made to the accuracy of the foregoing transaction. Terms of sale or lease and availability are subject to change or withdrawl without notice.
Lee & Associates Commercial Real Estate Services, Inc. - NSDC | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | P: (760) 929-9700 | F: (760) 929-9977
760.929.7843CalBRE #02014349
