FOR LEASE OR SALE FOR LEASE OR SALE. Corporate Headquarters Office with Excess Land Opportunity
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1 Corporate Headquarters Office with Excess Land Opportunity
2 Summary PROPERTY ADDRESS 5551 East Katella Avenue Cypress, California 5551 E. Katella Avenue, Cypress, CA, a ±80,158 s.f. Class A, high image, 3 story office building situated on an extraordinarily large land parcel of ±8.467 acres, with the opportunity to develop additional building area or expand parking capacity to over 7:1,000 s.f. RENTABLE AREA ±80,158 SF FLOOR AREAS 1st Floor: 2nd Floor: 3rd Floor: Maintenance Storage: Mechanical : YEAR BUILT/RENOVATED 1998/2009 ±29,924 SF ±22,989 SF ±22,989 SF ±2,128 SF ±2,128 SF STORIES 3 stories SITE ±8.467 acres (21% FAR) PARKING ±276 existing surface PARKING RATIO Expandable to in excess of 7/1,000 PARCEL NUMBER
3 Features The only existing opportunity in Orange County at this size and quality with stunning architectural design, one of a kind corporate appeal, and trophy quality must have attraction. Extensive expansion opportunities are available on the acre site, at only.21 FAR today. Development of additional building area or expansion of the parking areas to over 7:1,000 s.f. Southern California is a mega region, or megapolitan area, with over 22 million people. Roughly 60% of California s population resides in Southern California, all within reach of this brand image Property. Transportation assessable location: conveniently located equidistant to LAX and Orange County Airports, 10 minutes to the Port of Los Angeles and Port of Long Beach and immediately accessible by 3 freeways, the 405, 22 and 605. Dramatic lobby: 3-story steel and glass construction including two glass elevators with broad functionality including showroom to common area amenity. Ability to leverage current creative features: 150-capacity fully fixtured commissary, 62-seat theater, 120-person training room, 10 ceilings, raised floor ducting system, security center, 3rd floor executive finish and open cubical floor plan layout over the balance of the space. Broad and deep talent pool location: The Property offers an OC/LA County adjacent location for occupiers focused on high-tech skilled Southern California talent. ±8.7 million people are located within a 45 minute drive time from the Property. According to the ACS Population Summary, the total population estimate for the City of Long Beach is 465,424, City of Cerritos is 49,345 and the City of Cypress is 48,358 residents.
4 As-built Site Plan PROJECT DATA: Site Area ±8.467 AC (368,823 SF) Building Area 80,158 RSF FAR 0.21 Mechanical & Storage Building Area ±4,256 SF
5 Building Description Property Address 5551 East Katella Avenue, Cypress, CA Access Valley View North from San Diego (405 Freeway) Year Built/Renovated 1998/2009 Building Area ±80,158 RSF / expandable Land Area ±8.467 acres (21% FAR); 368,823 SF Title Fee Simple Estate Developer Takenaka U.S.A. Corporation Architect Kunio Inoue & Associates Zoning PC 3 Planned Community Business Park Parking ±276 car parking spaces; expandable to 7/1,000 Construction Details Construction Precast concrete tilt-up panels with metal panel finish Lobby 3 story steel and glass construction including glass elevators HVAC Chiller, cooling tower and boiler system self contained with redundancy in ±2,218 RSF mechanical room Storage ±2,218 RSF UPS source storage and maintenance building Electric Southern California Edison, with 24/7 UPS system in place Elevators 2 hydraulic 3,000 pound capacity elevators and 1 freight elevator Features 150 capacity fully fixtured commissary, 62 seat theater, 120 person training room, 10 ceilings, raised floor ducting system, security center, 3rd floor executive finish, mostly open, cubical floor plan layout over the balance of space
6 5551 East Katella Avenue Walker St Douglas Dr Katella Ave
7
8 45 Minute Drive-Time Radius Population Estimate LOS ANGELES SAN GABRIEL VALLEY SOUTH BAY The population estimate for the highlighted area 8,682,951 PEOPLE ORANGE COUNTY According to the ACS Population Summary, the Total Population estimates for the below cities are as follows: 45 MINUTES City of Long Beach 465,424 City of Cerritos 49,345 City of Cypress 48,358 *Drive-time radius does not account for traffic conditions. Source: ESRI, United States Census Bureau American Community Survey.
9 Amenities Map FOOD & SERVICES Costco Red Robin Jamba Juice Gourmet Pie & Pastry El Torito California Fish Grill Chilis Carls Jr. Coldstone Subway Panda Express 24 hour fitness Office Depot City National Bank HOTELS Courtyard Cypress Extended Stay America Residence Inn Hyatt House CORPORATE NEIGHBORS American Honda Finance Corp. Fujifilm North American Corp. Mary Kay Inc. Mitsubishi Electric Mitsubishi Motors North America, Inc. PacifiCare of California Rolls Royce Shaw Industries Group, Inc. Speedo USA Toyo Tires UnitedHealthcare Vans
10 As Built Floor Plans 1ST FLOOR: ±29,924 SF 2ND FLOOR: ±22,989 SF Kitchen Commissary Men s Storage Engineer Office Reception Area Showroom Lobby Men s Kitchen Auditorium Meeting / Meeting Men s Storage Men s Open to below 3RD FLOOR: ±22,989 SF Executive Supply Executive Office Men s Exterior Patio Area Server Men s Executive Office Open to below
11 FOR MORE INFORMATION PLEASE CONTACT: Louis Tomaselli Senior Managing Director T M louis.tomaselli@am.jll.com License # Curtis Ellmore Senior Vice President T M curtis.ellmore@am.jll.com License # JLL 4 Park Plaza Suite 900 Irvine, CA T JLL, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.
$12,000,000 ±$719,292 OFFERING SUMMARY. INTEREST OFFERED Fee Simple SITE PL AN OFFERING PRICE IN-PL ACE NOI IN-PL ACE CAP RATE 6.00% PRICE PER SF $165
N O R T H O R A N G E AUGUST 2017 EXECUTIVE SUMMARY C O U N T Y O F F I C E I N V E S T M E N T O P P O R T U N I T Y THE OFFERING PROPERT Y SUMMARY BUILDING ADDRESSES YEAR BUILT/RENOVATED 1987/2016-2017
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