1435 S. San Jacinto€¦ · FOR SALE 1435 SOUTH SAN JACINTO AVENUE, SAN JACINTO, CA 92583 Advanced...
Transcript of 1435 S. San Jacinto€¦ · FOR SALE 1435 SOUTH SAN JACINTO AVENUE, SAN JACINTO, CA 92583 Advanced...
FOR SALE1435 SOUTH SAN JACINTO AVENUE, SAN JACINTO, CA 92583
Advanced Realty Solutions 811 N Catalina Ave Ste. 1030 Redondo Beach CA. 90277CA Realtor since 1993 BRE 01168206 NMLS 356511
CONTACT
Alvin BrownDirect: (310) 745-6603Fax: (310) [email protected]
$1,750,000.
ADVANCED REALTYSOLUTIONS
. .
R A R E O P P O R T U N I T Y100% occupied, easy managment.
Would make a great retirement plan.
I N C O M E P R O D U C E RGreat cash flow with a 10% CAP rate.
NOI of over $170,000.
H I G H V I S I B L E A R E ALocated in a main street plaza with
traffic counts of 20,000+
S H O P P I N G D E S T I N A T I O NCurrently holding 12
retail tenants.
PROPERTY HIGHLIGHTSFOR SALE
EXECUTIVE SUMMARY
LONG TIME, SOLID TENANTS!! CONSISTENT INCOME!!
Heart of San Jacinto. San Jacinto Artery, Near Hwy 74 and N. San Jacinto Ave. Established Indoor marketplace. Greater Opportunity than Storage Facility.
Great retirement plan. This won't last long. Drive-by only.Near Regal 12 Metro movie Theatre.
S. SAN
JAC
INTO
AV
E.
E. ESPLANADE AVE.
Tra�c Count20,000+ VPD
OFFERING Property Address:City:Year Built:Property Type:
SITE DESCRIPTIONLot SizeGross Leasable AreaNo. StoriesParking RatioBuilding Class
DETAILSHeating:Rooms:Siding:Roof:Foundation:
1435 S San Jacinto Ave.San Jacinto
1982Retail
1.18 AC15,000 SF
13.33/1,000 SF
C
Forced Hot Water; Gas
25Vinyl
AsphaltConcrete
PROPERTY DETAILSSITE PLANS
The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Advance Realty and should not be made available to any other person or entity without the written consent of Advance Realty This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only apreliminary level of interest in the due diligence investigation. Advance Realty has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substance, PCB’s or asbestos, the compliance with the State and Federal regulation, the physical condition of the improvements the reon, or the financial condition or business prospects of any tenant, or any tenant’s plan so rintentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable :however, Advance Realty has not verified, and will not verify, any of the information contained herein, nor has Advance Realty conducted any investigation regarding these matters and makes no warrant yorre presentation what so ever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth here in.
DISCLOSURE
FINANCIAL OVERVIEW
(Unit 1) Beauty & Beauty
(Unit 2) Kim’s Wear
(Unit 3) Vacant
(Unit 4) Imanuel Jewelry
(Unit 5) Victory Hats
(Unit 6) Kim’s Hosiery
(Unit 7) Vacant
(Unit 8) Rio Men’s Wear
(Unit 9) Gzup Connection
(Unit 10) Ebenezer
(Unit 11) Bridal Shop
(Unit 12) Vacant
(Unit 13) Sigue
(Unit 14) African Product
(Unit 15) Vacant
(Unit 16) Vacant
Rent
$1,800
$1,750
$2,500 (Pro forma)
$1,500
$1,200
$2,700
$500 (Pro forma)
$4,500
$1,250
$1,500
$500
$1,000 (Pro forma)
$300
$300
$800 (Pro forma)
$200 (Pro forma)
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
01/01/2001
Lease Expires
12/31/2020
12/31/2021
12/31/2020
12/31/2020
12/31/2020
12/31/2020
12/31/2021
12/31/2020
12/31/2020
12/31/2030
11/31/2020
Income
Expenses
1 Mile
3 Miles
5 Miles
DEMOGRAPHICS
2019 Summary
Population
Households
Families
Average Household Size
Owner Occupied Housing Units
Renter Occupied Housing Units
Median Age
Median Household Income
Average Household Income
1 Mile
14,855
4,569
3,257
3.22
2,431
2,138
31.2
$33,336
$48,259
3 Miles
102,909
34,193
23,111
2.99
19,537
14,656
34.6
$38,151
$54,683
5 Miles
161,489
54,885
37,288
2.92
33,993
20,892
36.5
$41,076
$59,076
Current
$125
$2,000
$13,000
$11,830
$300
$200
Advertising, Licenses & Permits
Insurance
Management
Taxes- Real Estate
General Repairs
Supplies
Current
$267,600
($45,805)
($8,028)
$213,767
Total Income/ YR
Total Operating Expenses
Vacancy 3%
Net Operating Income
Occupied Since
Current
$300
$750
$1,900
$14,500
$600
$300
Maintenance
Water
Sewer/Trash
Electricity
Phone
Alarm
Total Opporating Expenses $45,805
Summary
Square Foot
372
1,700
2,200
511
612
1,000
190
2,460
372
864
432
452
40
40
550
70
$22,300
$267,600
Total/Month
Total/Year
9%
12.22%
Current Cap Rate
Pro Forma Cap Rate
FOR SALE1435 SOUTH SAN JACINTO AVENUE, SAN JACINTO, CA 92583
Advanced Realty Solutions 811 N Catalina Ave Ste. 1030 Redondo Beach CA. 90277CA Realtor since 1993 BRE 01168206 NMLS 356511
Alvin BrownDirect: (310) 745-6603Fax: (310) [email protected]
$1,750,000.
ADVANCED REALTYSOLUTIONS
. .
CONTACT