1297 1323 Logan Ave Costa Mesa OM - LoopNet€¦ · 141-192-05 OFFERING MEMORANDUM INDUSTRIAL...

O F F E R I N G M EMO R A N D UM

INDUSTRIAL PROPERTY FOR SALE | 1297 & 1323 Logan Ave | Costa Mesa, CA

LOGAN AVENUE – OFFERING HIGHLIGH T S

LOGANAVE

Cameron Jones | 714.919.3561 [email protected]

DRE Lic# 01770606

Kyle Willams | 714‐919‐3540 [email protected]

DRE Lic# 02015940

Ashwill Corp DRE Lic # 01291393

Prime Costa Mesa Location

+/-1.36 Acres of Land + (2) Buildings Totaling +/-21,023 ft2

Redevelopment Opportunity - New State of the Art +/-20k ft2 Industrial Building

Ashwill Associates Commercial Real Estate has been retained as the exclusive marketing advisor for1297 & 1323 Logan Avenue, Costa Mesa, California. Ideally located in Costa Mesa, one of the most sought afterOrange County markets, offering direct access to the 55, 73, and 405 Fwys. The property consists of (2) existingbuildings (1) metal and (1) frame and stucco situated on (2) parcels totaling approximately 1.36 acres. Theoffering provides perspective buyers with a host of opportunity for both owner/user or sharedowner/user/tenant occupancy.

Alternatively the offering provides for an opportunity for a buyer to have constructed or to develop andconstruct their own bespoke state of the art design industrial building of approximately 20,000 ft2. Given thenature of this impacted market the option to construct a brand new industrial building for a business orinvestment needs would provide a new owner with excellent solutions and options for the long term. Contactbroker for details for this offered development project.

1297 Logan +/-8423 ft21323 Logan +/-12,600 ft2Total +/-21,023

Central Costa MesaLocation

MG - General IndustrialZoning – City of Costa Mesa 400 Amps (Verify)

(11) GL Doors

Easy Access to the 55, 73 & 405 Fwys

INDUSTRIAL LAND FOR SALE | 1297 & 1323 Logan Ave | Costa Mesa, CA



Property Acres: +/‐1.36 Drive Around Access

Redevelopment Opportunity


DRE Lic# 01770606


DRE Lic# 02015940



1323 Logan Ave, Costa Mesa, CABuilding Size: 12,600 FT2

Total Lot Size:APN:

+0.71 Acres141-192-05




DRE Lic# 01770606


DRE Lic# 02015940


1297 Logan Ave, Costa Mesa, CABuilding Size:

Total Lot Size:APN:

8,423 FT2+ 0.65 Acres141-202-01





DRE Lic# 01770606


DRE Lic# 02015940


Gras

s Area

GrassArea

Plan

terA

rea

Parking

Gate

Cemont wall

StoragConteiner

Stairs

Parking

SalesCounter RR RR

RR RR

Parkin

g Stall

Coverd

Coverd

Coverd

Easement

Shop Space

1/2 ton Crane

Ware House SpaceShow Room

Driveway

Driveway30

'

120'GL

10 X12

30'

30' 30'

40'

V V

V V

Loga

nAv

eSide

Walk

GrassArea

Sink

VGL

10 X12

10 X 12 12 X12GL GL

14 X 12GL

Panel

Overhan

g

GL GL GL GL10 X 12 10 X 12 12 X 12 14 X12

*Not to scale



Site & Floor Plan 1323 Logan Ave +/-12,600 ft2

1297 Logan


DRE Lic# 01770606


DRE Lic# 02015940


Open Below OfficeOffice

Stairs

Storage

BR

BRBe

dRo

omw/sho

wer

ClassRo

om

K itchen Area

Low Clear Mezzanine Storage

Ope

nBe

low

Open Below

9'

18'

28' 30' 27' 62'

10'32'

V

VV

VV

Ope

n

Area V

V

V



2nd Floor-1323 Logan Ave +/-5,400 ft2


DRE Lic# 01770606


DRE Lic# 02015940


S4'

27'

23'49'

47'

89'

136'

Wareh

ouse

Wareh

ouse

Storage

Overhan

g

Stor

. 14x

6BR

BR

Off

Off

Off

Off

Offic

e

Traning

Room

28

x24

18 x6

Closet

PKG

Off

Off

Kitchen

Storag

e 22 x

17

Storage

27 x23

Yard

+

PKG

AREA

APPR

OX

6,30

0sf

V

V V

V

V

VV V VVV

V VV

V

VV

V

VV

VV

Storage

9 x1

9

V

V40'

VV

VV

V

GL

8 X10

Easement

1297

Log

anAv

eGrass

Area

OverHang

Roof 35 x10

BR

BR

GL7 x 7



Site & Floor Plan 1297 Logan +/- 8423 ft2


DRE Lic# 01770606


DRE Lic# 02015940


LOGANAVE




DRE Lic# 01770606


DRE Lic# 02015940


CONCEPTUAL Elevations

CONCEPTUAL NEW CONSTRUCTION




CONCEPTUAL IMAGECONCEPTUAL IMAGE


DRE Lic# 01770606


DRE Lic# 02015940


BUILDING SPECIFICATIONS

• State of the Art Design and Curb Appeal (BTS Options)

• +/‐20,000 ft2 Industrial Building• +/‐2000 ft2 Two Story High Image

Office Space• Paved and Secured Yard Area• 30’ Clear Height• (2) Ground Level Loading Doors• Power to Spec• ESFR Fire Sprinklers• Title 24 Compliant Roof & Sky Lights• LED Warehouse Lighting• MG‐ General Industrial Zoning• Industrial Building Intensity Standards

Light Industrial ‐ Low Traffic FAR 0.35• 60 Parking Stalls


FA

IRV

IEW

RD

(423,0 00V

PD

)

BAKER ST (24,000 VPD_

LOGAN AVE




DRE Lic# 01770606


DRE Lic# 02015940


This confidential Offering Memorandum (this “Memorandum”) is being delivered subject to the terms of the Confidentiality Agreement personally or electronically signed by you (the“Confidentiality Agreement”) and constitutes part of the Evaluation Material (as defined in the Confidentiality Agreement). It is being given to you for the sole purpose of evaluating the possible acquisition of 1297 & 1323 Logan Ave, Costa Mesa, Ca (APN#’s: 141‐202‐01/141‐192‐05 (the “Property”), and is not to be used for any other purposeor made available to any other party without the prior written consent of the“Owner”or Ashwill Associates Commercial Real Estate (“Broker”).

This Memorandum was prepared by the Broker based on information supplied by the Owner and the Broker. It contains selected information about the Property and the real estate market but does not contain all the information necessary to evaluate the acquisition of the Property. The financial projections contained herein (or in any other “Evaluation Material”, including any computer diskettes or files distributed to you via email from Broker are accessible online through Broker’s shared file system) are for general reference only. They are based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections. Various documents have been summarized herein to facilitate your review; these summaries are not intended to be a comprehensivestatement of the terms or a legal analysis of such documents.

While the information contained in this Memorandum and any other Evaluation Material is believed to be reliable, neither Broker nor Owner guarantees its accuracy or completeness. Because of the foregoing and since the Property will be sold on an “As‐Is, Where‐Is” basis, a prospective purchaser must make its own independent investiga‐tions, projections and conclusions regarding the acquisition of the Property without reliance on this Memorandum or any other Evaluation Material. Although additional Evaluation Material, which may include engineering, environmental or other reports, may be provided to qualified parties as the marketing progresses, prospective purchasers should seek advice from their own attorneys, accountants, and engineering and environmental experts.

Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the Property or to Terminate any negotiations with any party at any time with or without written notice. Owner shall have no legal Commitment or obligations to any prospective purchaser unless and until a written purchase and sale agreement has been fully executed, delivered and approved by Owner and any conditions to Owner’s obligations therein have been satisfied or waived.

Owner has retained Broker as its exclusive broker and will be responsible for any commission due to Broker in Connection with sale of the Property pursuant to separate agreement. Broker is not authorized to make any representation or agreement on behalf of Owner. Each prospective purchaser will be responsible for any claims for commis‐sions by any other broker in connection with a sale of the Property if such claims arise from acts of such prospective purchaser or its broker.

This Memorandum is the property of Owner and Broker and may be used only by parties approved by Owner and Broker. No portion of this Memorandummay be copied or otherwise reproduced or disclosed to anyone except as permitted under the Confidentiality Agreement.


O F F E R I N G D I S C L A I M E R



DRE Lic# 01770606


DRE Lic# 02015940


1297 1323 Logan Ave Costa Mesa OM - LoopNet€¦ · 141-192-05 OFFERING MEMORANDUM INDUSTRIAL...

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