Well Maintained Office with Warehouse Condo Fantastic Location near Highway 65 2840sqft Total: Approx. 1340+/- Office, 1500+/- Warehouse Large 14' Grade Level Door in Rear Offered for Sale or Lease Option to Purchase Steve Walters 01876243 916-231-6609 stevewalters@kw.com KW Commercial Roseville Stephen Harper 01267541 (916) 960 4788 Stephen.Harper@kwcommercial.com Phone: 916-788-8800 Fax: 916-771-4804 548 Gibson Avenue, Suite 200 Roseville, CA 95678 www.kwcommercial.com Each Office is Independently Owned and Operated
Real Estate Investment Details ANALYSIS Analysis Date: August 2013 PROPERTY Property: Property Address: Year Built: 2006 Venture Commerce Center 5736 Lonetree blvd. Rocklin, CA 95765 PURCHASE INFORMATION Property Type: Commercial Purchase Price: $340,800 Fair Market Value: $340,800 Tenants: 1 Total Rentable Sq. Ft.: 2,840 Resale Valuation 4.0% (annual appreciation) FINANCIAL INFORMATION Down Payment: $34,080 Closing Costs: $5,000 LOANS Debt Term Amortization Rate Payment LO Costs Fixed $306,720 25 years 25 years 5.2% $1,829 INCOME & EXPENSES Gross Operating Income: $0 Monthly GOI: $0 Total Annual Expenses: ($10,704) Monthly Expenses: ($892) CONTACT INFORMATION Steve Walters 916-231-6609 stevewalters@kw.com 01876243 Stephen Harper (916) 960 4788 Stephen.Harper@kwcommercial.com 01267541 page 2 of 11
Biography PROFESSIONAL BIO Stephen Harper has worked directly in the real estate industry beginning in 1999. During that time Mr. Harper has worked as a Salesperson, Broker and Paid consultant throughout North America, South America & Canada. Currently, he is the Managing Director at KW Commercial in Roseville, California, Radio Host on Money 105.5fm, and co-founder of Straight Talk Real Estate Academy. As a seasoned Broker and Consultant, he provides clients with high-level consultation and proactive advice on how to succeed and manage the always present risk in the various realms in which he practices. His specific areas of expertise are: Property Evaluation & Analysis Contract Negotiations Dispute Resolution Solutions Real Estate Financing Lease/Tenant Negotiations Investment Real Estate Educator Real Estate Development/Redevelopment Mr. Harper has represented a diverse group of clients for properties and projects throughout the United States, Canada, and Mexico. Mr. Harper s Dream would be to someday combine Investment Real Estate and water sports. Brief Summary of Experience: Since 2000, Mr. Harper has worked on (Brokered, Consulted & Direct Transactions) real estate projects estimated at $1.5 Billion in value. During this time he has worked on; various development projects, property acquisition and disposition, property and project analysis, forecasting, and financing sources & strategies. Educational Background: Mr. Harper received his Bachelor of Science degree (Area of focus: business/real estate) in 2001. He earned his California Real Estate Salespersons License in 1999, his California Real Estate Brokers License in 2001. Mr. Harper continues his education on a regular basis through a variety of classes, seminars, and training genre which generally focus on corporate structure & strategies, tax law & strategies, as well as many real estate related topics. page 3 of 11
Property Description Property Description Beautiful building in the highly sought after Sacramento Suburb of Rocklin, CA. Location is just minutes away from major Interstate I80 and Highway 65. Rocklin is a fantastic place to run your business. Rocklin is business friendly and community driven, which lends to above average home values and above average school ratings. Major Employers include Rocklin Unified School District, Oracle, United Natural Foods, Sierra College, UPS, Education Media Foundation, RC Willey, and Verifone. Average Household Income: $97,761, Median Home Price: $268,000, Population: 58,295 The Venture Commerce Center is one of Rocklin's premier office and flex space business complexes. The complex consists of 8 attractive buildings built in 2006. Lush landscaping enhances the look and feel of an intimidating industrial building. Parking is provided at 5 spaces per 1,000sqft of building area. Fully Improved unit has quality commercial carpeting and parabolic lighting for quick move in with minimum to no improvements necessary! Office space is an open floor-plan split between 2 floors. Large front windows offer the space plenty of light, and newer construction utilizes energy efficient and power saving benefits. Enter into the Flex/Warehouse space with 21' clear height ceiling with a 14' grade level door. 200 amps of 3-phase power is available for your needs. This is the Perfect space for R&D, light manufacturing, or storage. Condo unit has 2 private ADA restrooms built out. Unit is also Fiber ready for your high speed internet needs. LEASE OPTION TO BUY ALSO AVAILABLE. Want to buy, but cannot afford to purchase yet? Lease out for 2 years and purchase while the Market is at record lows! Call Agent for details. page 4 of 11
Venture Commerce Center Property Photos Property Photos page 5 of 11
Maps and Aerials Map Location page 6 of 11
Maps and Aerials Close Aerial page 7 of 11
Property Resale Analysis Description Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Projected Property Value $354,432 $368,609 $383,354 $398,688 $414,635 $431,221 $448,470 $466,408 $485,065 $504,467 Resale Expenses $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Proceeds b/f Debt Payoff $354,432 $368,609 $383,354 $398,688 $414,635 $431,221 $448,470 $466,408 $485,065 $504,467 Basis at Acquisition $345,800 $345,800 $345,800 $345,800 $345,800 $345,800 $345,800 $345,800 $345,800 $345,800 Depreciation ($6,826) ($13,949) ($21,072) ($28,196) ($35,319) ($42,442) ($49,565) ($56,689) ($63,812) ($70,642) Adjusted Tax Basis $338,974 $331,851 $324,728 $317,604 $310,481 $303,358 $296,235 $289,111 $281,988 $275,158 Resale Tax Gain (Loss) $15,458 $36,758 $58,626 $81,083 $104,154 $127,863 $152,235 $177,297 $203,076 $229,309 Resale Tax Benefit (Cost) ($1,706) ($3,487) ($5,268) ($7,049) ($8,830) ($10,611) ($12,391) ($14,172) ($15,953) ($17,661) Loan Principal Balance ($300,577) ($294,106) ($287,291) ($280,113) ($272,553) ($264,590) ($256,203) ($247,369) ($238,065) ($228,265) Net Resale Proceeds $52,149 $71,016 $90,794 $111,526 $133,253 $156,020 $179,876 $204,867 $231,047 $258,542 Footnotes: b/f = before to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or page 8 of 11
Property Equity Analysis $280,000 $252,000 $224,000 $196,000 $168,000 $140,000 $112,000 $84,000 $56,000 $28,000 Year 1 2 3 4 5 6 7 8 9 10 Legend Initial Equity Equity (loan reduction) Equity (appreciation) to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or page 9 of 11
Equity vs. Debt $310,000 $279,000 $248,000 $217,000 $186,000 $155,000 $124,000 $93,000 $62,000 $31,000 Year 1 2 3 4 5 6 7 8 9 10 Legend Equity Loan Principal Balance to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or page 10 of 11
Cumulative Wealth Analysis $250,000 $225,000 $200,000 $175,000 $150,000 $125,000 $100,000 $75,000 $50,000 $25,000 Year 1 2 3 4 5 6 7 8 9 10 Legend Equity (loan reduction) Equity (appreciation) CASH FLOW (a/t) to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or page 11 of 11