City of Montclair Feb For Sale

Transcription

1 1 Orchard Plaza New Corp lses Breakup Retail Portfolio Portfolio of 5 Retail properties in Montclair, CA, having total size of 51,355 SF, and for sale at $17,750,000 ($345.63/SF) Sale Price: $17,750,000 Price/SF: $ Total Size: 51,355 SF Days On Market: 14 SRS National Net Lease Group / John Redfield (949) / Christopher W. Tramontano (949) / Matthew Mousavi (949) / Patrick R. Luther (949) Portfolio Properties: 4480 Holt Blvd (not for sale individually) 4480 Holt Blvd (not for sale individually) Holt Blvd (not for sale individually) 4430 Holt Blvd (not for sale individually) 4480 Holt Blvd (not for sale individually) The SRS Investment Properties Group is pleased to present the rare opportunity to acquire Orchard Plaza, a 46,119 SF, 18-tenant, neighborhood center ideally located in Montclair, California (Greater Los Angeles area). Orchard Plaza is comprised of a mix of national and local e-commerce resistant tenants, that include Dollar Tree, Warehouse Shoe Sale (WSS), Starbucks with drive-thru, Wingstop, and more. The center is brand new, constructed out of high quality materials in 016, and is wellpositioned within a developing trade area. Anchor tenants WSS Shoes and Dollar Tree account for nearly 40% of the rental income in the center, providing security for the future investor Arrow Hwy Sale Price: $1,164,570 Price/SF: $ ,058 SF 1.69 AC Center Type: Auto Repair Year Built: - Zoning: M1P Days on Market: 196 Lee & Associates Commercial Real Estate Service / Brian D. Melkesian (909) Free Standing Building, Ideal for Manufacturing & Assembly, 5 GL Doors, Zoning: MIP, Easy Access to the 10 Freeway Arrow Hwy / Central Ave Page 1 Page 1

2 3 551 Arrow Hwy, Unit A Condo Sale Price: Unit SF: $97,960 5,64 SF Sale Status: Days On Market: Price/SF: $ Floor #: Unit #: Active A Building Type: Zoning: Service 15,679 SF.0 AC M1P Year Built: Ceiling Height: Drive Ins: Loading Docks: '0" 15 tot./14'0"w x 14'0"h None Lee & Associates Commercial Real Estate Service / Brian D. Melkesian (909) Ideal for Manufacturing, Distribution or Automotive Use ±800 SF of Office Space 17 Clear Height (4) Large Rollup Doors (0 x14 ) () Smaller Rollup Doors 400 Amps of Power Zoning: MIP Heavy Parking Ratio Great Arrow Highway Exposure Brooks St Sale Price: $1,795,000 Price/SF: $ ,088 SF 0.0% 0.54 AC Building Type: Warehouse Year Built: 1991 Ceiling Height: 18'0" Days on Market: 17 Drive Ins: tot./1'0"w x Zoning: M1 14'0"h Loading Docks: None OR Owner/User DAUM Commercial Real Estate Services / Andrew K. Clark (56) ±10,088 SF Freestanding Building Sprinklered Building Two () Oversized GL Level Loading Doors 0 Clear HeightSituated on ±0.54 Ac (±3,5 SF) Gated Concrete Yard AreaEasy 10 & 60 Freeway Access 400 Amp, 480 V, 3 Phase, 4 Wire Stable Single Tenant Leased InvestmentBonus Mezzanine Storage ±950 SFAsking Holt Ave - Holt Plaza Sale Price: $,180,000 Holt Plaza Price/SF: $65.85 Center Type: Storefront (Strip Center) 8,00 SF 0.71 AC Days on Market: 34 KoTai Realty / Steve Shih (66) Year Built: Zoning: 1980 C, Montclair Page Page

3 Holt Blvd Sale Price: For Sale Price/SF: - 1,664 SF 0.0% 0.75 AC Center Type: Retail Year Built: 1960 Sale Status: Escrow Zoning: BP Days on Market: 70 Meadows Real Estate Services / Kyle Desmet (949) Free-Standing building zoned Business Park with many allowable uses including Retail, Industrial, Medical, and Specialty. Parking 3.5:1,000, 39 stalls. Major renovation in 01. Two 5-amp breakers (one three-phase and one single-phase), 100% air-conditioned, up to 18' interior clearance, 10' x 10' rear door and may accommodate large roll up doors. Centrally located in the Inland Empire near 10 Freeway, Pomona Fairplex, and Ontario Airport. Storefront on Holt Blvd. with minimum 57,000 average daily traffic Holt Blvd Sale Price: $,990,000 Price/SF: $9.8 Cap Rate: 5.19% 3,400 SF.0 AC Center Type: Freestanding Year Built: 196 Zoning: - Days on Market: 8 iproperty Management & Investments / Inge Hobo-Scheinfarb (310) Excellent investment opportunity in Montclair on high traffic street with new developments nearby. This property consists of two buildings on nearly. acres separated by a large, gated service yard. Holt building is nearly,000 square feet of retail space that is currently occupied by a nationallyknown non-profit store selling donated construction and other items. Second structure faces Brooks Street and is approximately 10,000 swuare feet and has three separate units. 100% occupied, ample parking available for all tenants & customers, easy access to 10 and 60 freeways, close to Ontario Airport and situated on busy business corridor. Modified Gross leases; landlord expenses and maintenance are minimal, newer roofs, little or no deferred maintenance... very attractive cap rate and pro-forma cap rate. See offering memorandum for more information. Close of escrow must occur AFTER Page 3 Page 3

4 Holt Blvd Sale Price: $4,900,000 Price/SF: $ ,35 SF 1.97 AC Building Type: Warehouse Year Built: 1981 Ceiling Height: 16'0" Days on Market: 456 Drive Ins: 3 tot./10'0"w x Zoning: CM 1'0"h Loading Docks: None Lee & Associates Commercial Real Estate Service / Mark White (909) Investment or Owner/User Opportunity, Free Standing Building, Large Fenced and Secure Yard, Roof and A/C Units Are 5 Years Old, 3 Ground Level Doors Verify All Details Holt/Central Mission Blvd Sale Price: $580,000 Price/SF: $41.67,400 SF 0.37 AC Building Type: Warehouse Year Built: 1953 Ceiling Height: 11'0" Days on Market: 1,86 Drive Ins: 3 tot./11'0"w x Zoning: MIP, Montclair 11'0"h Loading Docks: None OR Owner/User Lee & Associates Commercial Real Estate Service / Todd Launchbaugh (909) X148 / Mark White (909) ,400 SF Building on a +/- 16,000 SF Site Paint Spray Booth and Compressors Included Fenced Yard Area 400 Amps, 40 Volt Power Great Street Exposure Close to 10, 60 & 71 Freeways Great Street Exposure Close to 10, 60 & 71 Freeways Mission Blvd./Ramona Ave. Page 4 Page 4

5 Mission Blvd - King's Auto Sale Sale Price: $685,000 King's Auto Sale Price/SF: $47.0,771 SF 0.56 AC Center Type: Retail Year Built: 196 Zoning: C-3 Days on Market: 74 Weichert Commercial Affiliates / Steve S. Yeager (909) King Auto Sales is a car sales lot with a sales office and 3 residential income units on the back half of the lot. Units are producing income, and the sales lot is currently active. Property is along high traffic street in Montclair. Area is in transition to multi-family and single family homes along Mission Blvd W Mission Blvd Montclair, CA 9176 Sale Price: $3,00,000 Price/SF: $ ,400 SF 0.0%.64 AC Building Type: Industrial Year Built: 1967 Ceiling Height: 16'0" Days on Market: 111 Drive Ins: (total) Zoning: MIP - Loading Docks: None Sale Conditions: Manufacturin - Sale Type: g Owner/User Ind. MGR Real Estate, Inc. / Helen Zhang (909) ,400 sq.ft. warehouse situated in a huge, flat 114,563 sq.ft.(approx..3 acres) lot, 76 X 416. Great opportunity for developers, investors, and/or owner users. Zoning C-3: for General Commercial and/or Service Commercial. Property to be sold as land value, plenty of parking spaces. Buyer(s) or buyer(s) agent to perform their own inspection with County of San Bernardino Moreno St Sale Price: $5,600,000 Price/SF: $ ,000 SF 1.54 AC Center Type: Freestanding Year Built: 1968 Zoning: M1, Montclair Days on Market: 175 NAI Capital Commercial / Joe Ingrin (909) Freestanding Building - Showroom/Warehousing - Ideal for Owner/Use or Investment - Various Uses Permitted - This Property is also For Lease City of Montclair / Outstanding Interstate 10 Freeway Frontage/Signage / Montclair Plaza Regional Mall Page 5 Page 5

6 Ramona Ave Sale Price: $4,600,000 Price/SF: $ ,470 SF 0.91 AC Center Type: (Strip Center) Year Built: 1966 Zoning: SP, Montclair Days on Market: 57 Sale Conditions: Business Value Included Coldwell Banker Residential Brokerage / Jonathan Kim (818) -003 This price includes the land, the building and three businesses! Great income cash flow opportunity; Nice mix of grocery store, taco shop and coin laundry. All the existing businesses are well staffed and managed; a rare chance to run several businesses with a little bit of oversight generating great cash flow. Well maintained building on a huge lot with 60 parking spaces. Near Holt & Ramona Intersection, central Montclair location next to newly built neighborhood center with WSS shoe store and Starbucks. Immediate neighborhood has many apartments that generates great amount of foot traffic Ramona Ave - Ramona Automotive Center Sale Price: $1,390,000 Ramona Automotive Center Price/SF: $ ,660 SF 0.0% 0.75 AC Building Type: Warehouse (Strip Center) Year Built: 1978 Ceiling Height: - Days on Market: 1 Drive Ins: 16 tot./14'0"w Zoning: M x 1'0"h Loading Docks: None TVM Commercial Realty Group, Inc. / Frank Artura (66) THIS PROPERTY IS CURRENTLY IN ESCROW AS OF Ramona Only - Single User or Multi User Industrial M Zone Yard Capability Do Not Disturb Occupant - Drive by Only This Property is Currently Occupied by an Owner/User and will be delivered Vacant after Close of Escrow. M Industrial Property - Warehouse Distribution, Service with Service Vehicles Storage Single Tenant or Multi Tenant Capability Yard Capability (Leased from Railroad) 14+ Double Bays sf According to Title Parking TBD **All information is subject to change without notice. All information is from sources deemed reliable, but not guaranteed. Page 6 Page 6

7 San Bernardino St -, Unit 101 Condo Sale Price: $477,694 Unit SF: 1,603 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 10 Condo Sale Price: $498,56 Unit SF: 1,67 SF Days On Market: 437 Cap Rate: 5.56% Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 103 Condo Sale Price: $384,718 Unit SF: 1,91 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 0 Condo Sale Price: $91,74 Unit SF: 979 SF Days On Market: 437 Unit #: 0.88 AC C.G.M. Development, Inc. / Casey Cheng (66) X37 Page 7 Page 7

8 San Bernardino St -, Unit 06 Condo Sale Price: $59,856 Unit SF: 87 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 07 Condo Sale Price: $334,95 Unit SF: 1,14 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 09 Condo Sale Price: $358,79 Unit SF: 1,04 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 10 Condo Sale Price: $44,360 Unit SF: 80 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X37 Page 8 Page 8

9 San Bernardino St -, Unit 16 Condo Sale Price: $437,76 Unit SF: 1,469 SF Days On Market: 437 Cap Rate: 5.97% Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 18 Condo Sale Price: $391,74 Unit SF: 1,313 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 19 Condo Sale Price: $83,994 Unit SF: 953 SF Days On Market: 437 Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X San Bernardino St -, Unit 100 Condo Sale Price: $300,086 Unit SF: 1,007 SF Days On Market: 437 Floor #: Unit #: AC C.G.M. Development, Inc. / Casey Cheng (66) X37 Page 9 Page 9

10 San Bernardino St -, Unit 0A Condo Sale Price: Unit SF: $1,489,70 4,999 SF Sale Status: Days On Market: Floor #: Unit #: Active A.88 AC C.G.M. Development, Inc. / Casey Cheng (66) X37 4,999 contiguous square feet space created by combining suites 0, 06, 07, 09, and 10 Page 10 Page 10

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