4740 ROCKLIN ROAD FOR SALE. ±7,750 SF Professional/Office/Medical Condo FOR SALE. Rocklin, California
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1 ±7,750 SF Professional/Office/Medical Condo
2 : ±7,750 SF PROFESSIONAL/OFFICE/MEDICAL CONDO PRICE: $1,885,000 ($243/SF) PROPERTY HIGHLIGHTS The Rocklin Sierra Plaza condo complex is a professional condominium complex specifically designed to accommodate office, medical, professional, and retail businesses. There is freestanding office condo of ±7,750 square feet available for purchase. It can be kept as one unit or demised into smaller units by the future buyer. High-end professional office space immediately available. Layout includes the following: Generous lobby/reception area with built in attractive aquarium, 16 Private offices, Large Conference Room, large file storage Room, kitchen/break area, mail/copy room, server room, large open area which could be utilized for cubicles or as an additional lobby area if the building were subdivided (was gym area), bathrooms with showers and lockers, 2 2nd floor file storage areas (conditioned and not included in square footage) and outdoor patio. Great window line with abundant natural light Plenty of parking (common area parking at 5 spaces per every 1,000 square feet) Extensive finishes include mix of wood, carpet, and custom tile. Crown molding through the space. The ceiling in the lobby and conference room include decorative wood beams. The conference room and executive offices have builtin wood cabinetry with refrigerators. Lighting includes alabaster sconces and canned lighting, and a mix of flush mounted or suspended fluorescent fixtures. Interior doors are nine-foot solid wood in aluminum frame. The lobby features a 500-gallon, saltwater aquarium. The reception area and break room includes granite counter tops and custom cabinetry, as well as extensive tile back splashes. The restrooms and locker rooms have extensive tiling, including flooring and wainscoting. The locker rooms each include a steam shower with tile surround. There are two mezzanine spaces (not included in the square footage) that are sprinklered but have unfinished walls, ceilings, and flooring. Personal property can be made available as separate bill of sale Ready to go or easily renovated to suit your business needs LOCATION FEATURES Located at intersection of Rocklin Road and El Don Drive in the Rocklin Sierra Plaza condo complex Easy access to I-80, Sierra College is immediately north of the property, Sutter hospital is minutes away In close proximity to food, amenities, and housing Public transportation is available through the Placer County Transit. The Amtrak Capitol Corridor line connects South Placer County to downtown Sacramento and beyond to the San Francisco Bay Area, with stops in both Rocklin and Roseville.
3 PROPERTY PHOTOS GENEROUS LOBBY WITH RECEPTION & AQUARIUM LARGE CONFERENCE ROOM KITCHEN BREAK ROOM AREA EXECUTIVE OFFICE WITH BUILT IN CABINETRY SAMPLE PRIVATE OFFICE COPY AND FILE STORAGE AREA
4 FLOOR PLANS NAHZ ANVARY, CCIM
5 SITE MAP AERIAL MAP SIERRA COLLEGE ROCKLIN ROAD EL DON DRIVE SIERRA COLLEGE WILDFLOWER LANE AMENITIES
6 SBA 504 FINANCING ANALYSIS;, ROCKLIN, CA ANALYSIS BY: CALIFORNIA STATEWIDE CDC - MARK SCHWAN/ /MARKS@CALSTATEWIDE.COM SBA 504 STRUCTURE Project Uses: $1,885,000 Improvements/Other $0 Total: $1,885,000 Project Sources: Bank 1st Deed of Trust $942,500 50% SBA 504 2nd Deed of Trust (net) $754,000 40% Borrower Down Payment $188,500 10% TOTAL PROJECT $1,885, % BANK LOAN CSCDC LOAN TOTAL Net Loan Amount $942,500 $754,000 $1,696,500 Interest Rate 5.50% 5.02% Years Amortized Term Bank Loan Fee $4,713 $0 $4,713 Lender Participation Fee $4,713 $0 $4,713 CDC/SBA Fees (2.15%)* $0 $16,211 $16,211 Document/Attorney Closing Fee $0 $2,300 $2,300 Environmental Report (TBD)** $2,500 $0 $2,500 Appraisal ** $3,000 $0 $3,000 TOTAL FEES $14,925 $18,511 $33,436 Total Out of Pocket Fees $14,925 $0 $14,925 TOTAL LOAN AMOUNT $942,500 $773,000 (rounded up) $1,715,000 Notes: Bank rate is an estimate; rate will vary based on term and reset period. The rate on the SBA 2nd deed of trust loan is set at the time of funding (10 year TCM + spread). The SBA 504 rate assumed is the rate for loans being funded in April 2018; actual rate on this project will be set in the month the SBA 504 debenture is funded. Fees on SBA 504 debenture of 2.15% are financed over 20 years and are not paid at closing Fees shown do not include title and escrow charges ** Estimate; appraisal and environmental report costs vary depending upon scope of work FINANCING SUMMARY Bank 1st Deed CSCDC 504 2nd Blended/Total Loan Amount $942,500 $773,000 $1,715,000 Amortization Due in Monthly Financing Payment Annual Financing Payment $5,831 $5,110 $10,941 $69,970 $61,320 $131,290 Interest Rate 5.50% 5.02% 5.28% Borrower Down Payment $188,500 Disclaimer: This analysis is based on a series of assumptions, including loan interest rates and annual appreciation rates, and is meant only to be illustrative in nature. The analysis is not a guarantee of any actual results of any loan or purchase transaction or ownership of any real property, all of which are subject to risks, uncertainties and assumptions that are difficult to predict and beyond our control. No warranties or representations, express or implied, are made as to the accuracy of the information contained herein, and same is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, withdrawal without notice, prior sale, lease or financing. We include projections, opinions, assumptions or estimates for example only, and they may not represent future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction
7 AERIAL RETAIL AMENITIES RETAIL (Within a two (2) mile radius). MERCEDES BENZ ROCKLIN LAND ROVER ROCKLIN 4740 ROCKLIN ROAD SAFELITE AUTO GLASS ARBY S PETSMART STARBUCKS ROUNDTABLE PIZZA HOME GOODS SIERRA COLLEGE SAFEWAY CAMPING WORLD OF ROCKLIN CVS POTTERY WORLD KITCHEN MART WALMART SUPERSTORE IN-N-OUT BURGER TARGET CALIFORNIA FITNESS PANDA EXPRESS PANERA BREAD STEIN MART MATTRESS FIRM HOTELS THE UPS STORE SURESTAY ROCKLIN DAYS-INN ROCKLIN COMFORT-INN SUITES ROCKLIN
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