DETAILS & FEATURES. Randy Brekke DRE # Price: $970,000 / $71.85 PSF. 6.0% cap rate. Building Size: 13,500± sf. Parcel Size:.
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1 Emerald Industrial Park is comprised of 6 light industrial buildings. Desirable location on Emerald Ave. with close proximity to Hwy 99 via the Kanas Ave. interchange. Also, minutes from Hwy 132. DETAILS & FEATURES Price: $970,000 / $71.85 PSF 6.0% cap rate Building Size: 13,500± sf Parcel Size:.83± Acres Fully leased (7 Units) Fenced area for end-cap tenant Monument signage Well maintained property Ample parking & truck maneuvering area Recorded CC&R s Randy Brekke DRE # Office: Cell: randy@brekkere.com Website: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guaranty, representation or warranty about it. It is your responsibility to independently confirm is accuracy and completeness. Any assumptions, estimates or projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
2 PROPERTY INFORMATION PROJECT: 61,100 SF Industrial Park with 6 buildings PROPERTY: Building: 13,500± sf Parcel:.83± Acres APN/COUNTY: ; Stanislaus ZONING: (M) - Industrial YEAR BUILT: 1992 CLEAR HEIGHT: 16 ROLL UP DOORS: 12 w x 16 h 12 w x 14 h BUILDING HEIGHT: 20 CONSTRUCTION: UTILITIES: Steel City Water & Sewer Electricity - MID Gas - PG&E Randy Brekke DRE # Office: Cell: randy@brekkere.com Website: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guaranty, representation or warranty about it. It is your responsibility to independently confirm is accuracy and completeness. Any assumptions, estimates or projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
3 RENT ROLL LEASE LEASE LEASE MONTHLY ANNUAL SCHEDULED RENT UNIT(S) TENANT TYPE SF FROM TO RENT RENT INCREASES 1125-A Merry Maids MG 2,045 8/1/2006 9/30/2020 $ 1, $ 15, /1/19 to 9/30/20: $1,302 per mo A1 Pinks Pool Service MG 433 1/15/2017 2/28/2019 $ $ 3, B ATC Associates, Inc. MG 1,987 2/1/2003 9/30/2020 $ 1, $ 12, /1/18 to 9/30/20: $1,001 per mo C Robert & Christine Olgiati MG 2,285 4/1/2016 3/31/2020 $ 1, $ 13, /1/18 to 3/31/20: $1,097 per mo D & E Wright Choice Painting MG 4,500 7/13/18 7/12/23 $ 2, $ 27, % Annual increases 1125-E True Roof MG 2,250 9/1/18 9/30/2021 $ 1, $ 16, /1/19 to 9/30/20: $1,463 per mo. 10/1/20 to 9/30/21: $1,575 per mo. TOTALS 13,500 $ 7, $ 87, Randy Brekke DRE # Office: Cell: randy@brekkere.com Website: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guaranty, representation or warranty about it. It is your responsibility to independently confirm is accuracy and completeness. Any assumptions, estimates or projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
4 Building floor PLAN Unit 1125-A1 Pink s Pool Service 433± sf Unit 1125-A Merry Maids 2,045± sf Unit 1125-B ATC Associates 1,987± sf Unit 1125-C Olgiati 2,285± sf Unit 1125-D & E Wright Choice Painting 4,500± sf Unit 1125-F True Roof 2,250± sf projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs. Any, or all, tenants/occupants named on a building, or buildings, depicted on this flyer are for reference purposes only and in no way constitute a representation or warranty by eeller, or eellerss rroker, as to the continued occupancy of such tenantss//occupantss/.
5 LONE PALM AVE. Aerial view of Property WOODROW AVE projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
6 ASSESSOR PARCEL MAP projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
7 OCCUPANTS: The Bridge Center ATC Office OCCUPANT: Flowers Baking Co. OCCUPANTS: Refrigerator Supplies Distributor Cabos Auto Sales OCCUPANT: Standard Plumbing 1123 SITE PLAN EMERALD INDUSTRIAL PARK OCCUPANTS: Merry Maids ATC Storage Pinks Pool Service Wright Choice Painting True Roof OCCUPANTS: United Refrigeration projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs. Any, or all, tenants/occupants named on a building, or buildings, depicted on this flyer are for reference purposes only and in no way constitute a representation or warranty by eeller, or eellerss rroker, as to the continued occupancy of such tenantss//occupantss/.
8 PARCEL MAP projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
9 LONE PALM AVE. TRAVEL PATH TO/FROM HWY 99 WOODROW AVE. EMERALD AVE. KANSAS AVE. projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
10 LOCATION MAP POPULATION City of Modesto - 212,175 Stanislaus County - 538,338 DISTANCES To Stockton Miles To Manteca Miles To Turlock Miles To Sacramento Miles To San Francisco Miles To Fresno Miles MAP OF CENTRAL VALLEY Randy Brekke DRE # Office: Cell: randy@brekkere.com Website: The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guaranty, representation or warranty about it. It is your responsibility to independently confirm is accuracy and completeness. Any assumptions, estimates or projections used are for example only and do not represent the current or future performance of the property. You are advised to consult with independent advisors as to value, tax factors, financial and legal matters in determining the suitability of the property for your needs.
RENT & TI ALLOWANCE FEATURES DETAILS
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