Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING...

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Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292 Lic: 01137479 [email protected] Beferly Koester (949) 698-2727 Lic: 01952413 [email protected]

Transcript of Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING...

Page 1: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM

1521 E. McFadden Ave., Unit ESanta Ana, CA 92705

John Gessford(949) 930-6292Lic: 01137479 [email protected]

Beferly Koester(949) 698-2727Lic: 01952413 [email protected]

Page 2: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business ParkCONTENTS

Exclusively Listed By

John GessfordLic: 01137479(949) [email protected]

Beferly KoesterLic: 01952413(949) [email protected]

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of theproperty. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

01 Executive Summary Investment Summary 4

Location Summary 5

02 Property Description Floor Plan 7

Property Images 8

03 Sale Comps10

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Sale Comparables

Sale Comparables Charts

Page 3: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

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Location Summary

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Las Palmas Business Park Investment Summary |04

OFFERING SUMMARY

ADDRESS 1521 E. McFadden Ave., Unit ESanta Ana CA 92705

COUNTY Orange

BUILDING Office/Warehouse Condo

OFFERING PRICE $1,525,000

BUILDING SF 5,000 SF

PRICE PSF $305.00

LAND SF 54,450 SF

YEAR RENOVATED 2007

ORIGINALLY BUILT 1969

OWNERSHIP TYPE Fee Simple

APN 933-711-25

(2) private offices

(1) large open area

(2) Restrooms

Kitchen & Lobby Area

Minimum Clr. Height 14'5"

Power: 100a/120-208v 3p 3w

(1) 10x12' GL Loading door

On-Site Security

Parking Ratio 2:1,000 SF

Association Dues $0.18/SF/Mo.

Located in Opportunity Zone

Unit E is a 5,000 SF office/warehouse unit in Las Palmas Business Park!

Unit E consists of (2) private offices, (1) open area, kitchen, restroom, and lobby reception area. Approx 14'5" clear height in the warehouse.

There is one 10' x 12' ground level loading door. The business park has wide drive aisles and multiple park entrances for easy truck access. There is ample parking and on-site security.

Located at the northwest corner of Lyon Street and McFadden Avenue. Minutes from the 5 and 55 freeways and an easy ten-minute drive to John Wayne Airport.

Carefully write CC&Rs to ensure first-class maintenance and operation of the business park.

Page 5: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Location Summary |05

Page 6: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

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Additional Maps

Pictures with Captions

Page 7: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Floor Plan | 07

Page 8: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Property Images |08

Office Office Area

Kitchen Area Warehouse

Page 9: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

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Sale Comparables Map

Page 10: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Sale Comparables | 10

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Las Palmas Business Park1537 E. McFadden Ave. unit HSanta Ana, CA 92702

BUILDING SF 2,500

YEAR BUILT 2007

SALE PRICE $775,000

PRICE/SF $310.00

CLOSING DATE 5/15/2020

DAYS ON MARKET 75

DISTANCE 0.2 miles

Price/SF $305 - $314

LOW HIGH

DOM 65 - 75

LOW HIGH

Building SF 2,500 - 5,000

LOW HIGH

Notes 10% office / 90% warehouse.

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Las Palmas Business Park1537 E. McFadden Ave. unit GSanta Ana, CA 92705

BUILDING SF 2,500

YEAR BUILT 2007

SALE PRICE $785,000

PRICE/SF $314.00

CLOSING DATE 5/8/2020

DAYS ON MARKET 65

DISTANCE 0.2 miles

Price/Square Ft $305 - $314

LOW HIGH

Building SF 2,500 - 5,000

LOW HIGH

Notes 70% warehouse, 30% office. Paid asking price.Owner/user

Page 11: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Sale Comparables | 11

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Las Palmas Business Park1521 E. McFadden Ave., Unit ESanta Ana, CA 92705

BUILDING SF 5,000

YEAR BUILT 2007

ASKING PRICE $1,525,000

PRICE/SF $305.00

Price/SF $305 - $314

LOW HIGH

Building SF 2,500 - 5,000

LOW HIGH

Page 12: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park Sale Comparables Charts | 12

Page 13: Las Palmas Business Park - LoopNet...Las Palmas Business Park 5,000 SF OFFICE/WAREHOUSE OFFERING MEMORANDUM 1521 E. McFadden Ave., Unit E Santa Ana, CA 92705 John Gessford (949) 930-6292

Las Palmas Business Park

CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum isproprietary and strictly confidential. It is intended to be reviewed only bythe party receiving it from First Team Commercial and it should not bemade available to any other person or entity without the written consentof First Team Commercial.

By taking possession of and reviewing the information contained hereinthe recipient agrees to hold and treat all such information in the strictestconfidence. The recipient further agrees that recipient will not photocopyor duplicate any part of the offering memorandum. If you have no interestin the subject property, please promptly return this offering memorandumto First Team Commercial. This offering memorandum has been preparedto provide summary, unverified financial and physical information toprospective purchasers, and to establish only a preliminary level of interestin the subject property.

The information contained herein is not a substitute for a thorough duediligence investigation. First Team Commercial has not made anyinvestigation, and makes no warranty or representation with respect to theincome or expenses for the subject property, the future projected financialperformance of the property, the size and square footage of the propertyand improvements, the presence or absence of contaminating substances,PCBs or asbestos, the compliance with local, state and federal regulations,the physical condition of the improvements thereon, or financial conditionor business prospects of any tenant, or any tenant’s plans or intentions tocontinue its occupancy of the subject property.

The information contained in this offering memorandum has been obtainedfrom sources we believe reliable; however, First Team Commercial has notverified, and will not verify, any of the information contained herein, norhas First Team Commercial conducted any investigation regarding thesematters and makes no warranty or representation whatsoever regardingthe accuracy or completeness of the information provided. All potentialbuyers must take appropriate measures to verify all of the information setforth herein. Prospective buyers shall be responsible for their costs andexpenses of investigating the subject property.

Exclusively Listed By

John GessfordLic: 01137479(949) [email protected]

Beferly KoesterLic: 01952413(949) [email protected]

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