8641 SEPULVEDA BLVD NORTH HILLS, CA 91343...8641 SEPULVEDA BLVD., NORTH HILLS, CA 91343 256’ ......

OFFERING MEMORANDUM | LISTED AT $5,950,000

8641 SEPULVEDA BLVDNORTH HILLS, CA 9134340,910 SF LAND SIZE | [Q]C2-1VLSEASONED BUSINESS INCLUDED IN SALE

HUDSON COMMERCIAL PARTNERS, INC. - 2 HUDSON COMMERCIAL PARTNERS, INC. - 32 3

© 2016 Hudson Commercial Partners, Inc. The information contained in this document has been obtained from sources believed reliable. While Brookfield Partners, Inc. does not doubt its accuracy, Hudson Commercial Partners, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

Hudson Commercial Partners, Inc. and the Hudson Commercial Partners, Inc. logo are service marks of Hudson Commercial Partners, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

TABLE OF CONTENTS

SECTION ONE 05EXECUTIVE PROFILE

SECTION TWO 15PROPERTY INFORMATION

8641 Sepulveda BlvdNorth Hills, CA 91343

SEPULVEDA BLVD

SEPULVEDA BLVD

PARTHENIA ST

This Memorandum (“Offering Memorandum”) has been prepared by Hudson Commercial Partners, Inc. based on information that was furnished to us by sources we deem to be reliable. No warranty or representation is made to the accuracy thereof; subject to correction of errors, omissions, change of price, prior sale, or withdrawal from market without notice.

This Memorandum is being delivered to a limited number of parties who may be interested in and capable of purchasing the Property. By its acceptance hereof, each recipient agrees that it will not copy, reproduce or distribute to others this Memorandum in whole or in part, at any time, without the prior written consent of Hudson Commercial Partners, Inc., and it will keep permanently confidential all information contained herein not already public and will use this Confidential Memorandum only for the purpose of evaluating the possible acquisition of the Property.

This Memorandum does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information, which prospective buyers may need, or desire. All financial projections are based on assumptions relating to the general economy, competition and other factors beyond the control of the Owner and, therefore, are subject to material variation. This Memorandum does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of this Memorandum.

This Memorandum is being delivered by Hudson Commercial Partners Inc. to prospective purchasers with the understanding that all prospective purchasers will conduct their own independent investigation of those matters, which they deem appropriate in order to evaluate this offering. Additional information and an opportunity to inspect the site will be made available to interested and qualified prospective purchasers. Hudson Commercial Partners, Inc. reserves the right to request the return of any or all of the information enclosed.

HUDSON COMMERCIAL PARTNERS, INC. - 4 HUDSON COMMERCIAL PARTNERS, INC. - 5

SECTION 1 | EXECU

TIVE OVERVIEW

4 - BROOKFIELD PARTNERS, INC.

DOWNTOWN LOS ANGELES

PARTHENIA ST

8641 Sepulveda BlvdNorth Hills, CA 91343

HUDSON COMMERCIAL PARTNERS, INC. - 76 - HUDSON COMMERCIAL PARTNERS, INC.

SEPULVEDA BLVDSEPULVEDA BLVD

PARTH

ENIA

ST


PROPERTY DESCRIPTION

Hudson Partners is the Exclusive Agent for the Parthenia/Sepulveda Car Wash. This opportunity features almost 1 acre of land with existing improvements which are equal to 6,000 square footage. The seller is currently a seasoned operator in the car wash and auto-related business. The business consists of two main revenue streams of gross income, the car wash and auto repairs. The car wash is averaging +/-7,000 cars per month and the auto repair business brings in 30%-35% of the revenues. There are other supplemental sources of income such as: movie productions, advertising, and renting out parking stalls. The purchase price includes both businesses, equipment, inventory, and the good will. The generous land parcel lends itself to a variety of uses: additional square footage to the existing structure, mixed-use development, or medical related use. An Owner-user can leverage SBA financing up to 90% loan-to-value to acquire the real estate and business. HIGHLIGHTS

• Business Opportunity and Real Estate

• Average ±7,000 Cars Per Month

• 30-35% of Gross Revenue Driven from Automotive Shop

• Current Contracts with, Galpin Motors, limousine Company and Local Rental Car Agencies

• Offered at a 9% CAP Based on Current Oppertation

site description Physical description

PROPERTY INFORMATION

DESCRIPTION SPECIFICATION

PRICE $5,950,000

BUILDING SIZE APPROX. 5,900 SF

PRICE PER FOOT ON BUILDING $1,177.97

PARCEL AREA 40,910 SF

PRICE PER FOOT ON LAND $169.89

APN 2654-020-056, 2654-020-055

NUMBER OF FLOORS 1 Floor

NUMBER OF UNITS Carwash, Automotive Service, Mechanic and Mini Store

FLOOR-TO-AREA RATIO 0.14

ZONING [Q]C2-1VL

CARWASH TUNNEL 100’ x 20’

YEAR BUILT 2004

TENANCY Owner Operated

DESCRIPTION SPECIFICATION

CONSTRUCTION TYPE Block

FOUNDATION Concrete

ROOF Flat

SIGNAGE Yes

TRAFFIC COUNT ±33,067

HIGHWAY ACCESS 405 and 118 Freeways

LOT DIMENSIONS 128’ x 284.72’

STREET FRONTAGE 128 Feet on Sepulveda BoulevardSEPULVEDA BLVD


SECTION 2 | PRO

PERTY INFO

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AERIALPLAT MAP

BUSSINESS OPPORTUNITY / REAL ESTATE8641 SEPULVEDA BLVD., NORTH HILLS, CA 91343

256’

134’

260’

282.72’

24.72’

SE

PU

LVE

DA

BLV

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JAY MARTINEZManaging Principal

818.699.1603 cell818.212.3057 cell818.688.8140 [email protected]

11846 Ventura Blvd. Suite 140Studio City, CA 91604

CalBRE: 01367663

SPECIALTY / EXPERTISE

Jay Martinez, Managing Principal and Broker of Record of Hudson Commercial Partners, Inc. Jay specializes in investment sales of commercial properties in regions of Los Angeles. Additionally, he is a board member and Founder of Hudson Commercial Partners Incorporated.

Mr. Martinez’s focus on properties in the range of $2 million-$15 million has earned him a loyal following of independent investors, syndicators and owner-users who have come to rely on his energy, diligence and strong track record evaluating, marketing, buying and selling properties of this type. His in-depth and specialized market knowledge has also helped numerous Lenders with the sale of their bank-owned properties. Since he

JAY MARTINEZ - RESUME

ASSOCIATIONS / EDUCATION

• University of Southern California, B.S. in Real Estate/Finance

• Member, American Industrial Estate Association (AIR)

• Member, Urban Land Institute• Member, National Association of Industrial and

Office Properties (NAIOP)• USC Latino Alumni Association Scholarship Board

Member (LAA)• Alumni Founder of the USC Latino Business Students

Association

EXCLUSIVELY LISTED & CLOSED CLIENTS

• Bank of America• Lowe’s Home Improvement• Zion’s Bank• East West Bank• Provident Bank• Cowboy & Company, LLC• Boston Private Bank• Wells Fargo• National Bank of California• Community West Bank• Pacific Merchantile Bank• GBC International Bank• First California Bank• Community Commerce Bank

* References Available Upon Request *

began his career, Mr. Martinez has successfully completed more than $500 million worth of transactions.

Recent prominent transactions include the sale of a 24,000 square foot office and medical building in Simi Valley, CA for $4.8 million; the sale of a 38,750 square foot retail/office building in West Hills, CA for just over $4.85 million representing Lowe’s Home Improvement as the seller.

A 20,478 square foot office building sale in Mission Hills, CA for $4 million; the sale of Calabasas Center office campus for $8 million; and the sale of an office building at 10999 Riverside Drive in Toluca Lake at $4.5 million.

Joey Bishop Estate sale a retail block located next to Beverly and Robertson at $6.2 million. Most recently, closed Northridge Medical Plaza at $9.9 million, 45,000 SF office building.

CAREER HISTORY / PROFESSIONAL RECOGNITION

Mr. Martinez began his career in 1999, shortly after graduating from USC’s Marshall School of Business. He embarked his real estate career by syndicating for high-net worth individuals and private capital into apartment buildings throughout Los Angeles. In 2004, Jay Martinez joined Marcus & Millichap Investment Brokerage in downtown Los Angeles. His first year at the firm, his assiduous work ethic earned him “Rookie of the Year”. He was quickly promoted to Senior Investment Associate and earned an Outstanding Achievement Award in 2005, 2006, and 2007.

After three well accomplished years at Marcus & Millichap, Mr. Martinez elected to join Lee & Associates as Principal to the firm. At this time, he decided to Mr. Martinez decided to reinvigorate his approach and began focusing on retail and office investment properties. His full year he was inducted into the “President’s Circle of Excellent” and awarded “Principal of the Year”. He was named one of the Top 5 Performers at Lee & Associates in 2009, 2010 and 2011.

In 2012, Hudson Partners was formed initially as a division of KW Commercial and became independent in 2014. It was a collection of seasoned veterans, who were driven by the unique idea to develope a “Cap System” where real estate broker collec the bulk of their fees earned. Jay Martinez actively purchases distressed notes and properties.

Mr. Martinez has cultivated long-term relationships with many of his clients; He actively participates in partnerships with clients. Since the market cycle shifted in 2008, Mr. Martinez has exclusively listed and sold over 50 bank owned transactions.

JAY MARTINEZ - RESUME


KELLY BETPOLICEManaging Principal

310.403.8544 cell818.688.8140 [email protected]

STUDIO CITY OFFICE11846 Ventura Blvd. Suite 140Studio City, CA 91604

CalBRE: 01470894

CAREER HISTORY / PROFESSIONAL RECOGNITION

Kelly Betpolice, is a Managing Principal at Hudson Commercial

Partners Inc. His expertise is in understanding the capital

markets, creating value in an investment transaction, knowing

and accessing investors and developing marketing strategies

for commercial investment properties in Southern California. In

addition, he handles the sale of distress notes and structured

equity transactions.

Mr. Betpolice has specialized in asset management for private

and corporate clients since 1994 including sourcing and

evaluating opportunities, preparing financial analyses and

underwriting transactions, conducting due diligence and raising

capital. Mr. Betpolice began his career at Morgan Stanley private

wealth management and was a recipient of numerous regional

and national awards. He trained in finance and information

systems prior to entering the commercial real estate industry.

KELLY BETPOLICE - RESUME

Mr. Betpolice has managed portfolios and investment assets

totaling more than $50 million, consistently ranking among the

top performing leaders in his field. Furthermore he understands

the importance of providing his clients with a multi-discipline

brokerage platform, superior marketing, and a team approach to

ensure superior results in today’s investment market.

ASSOCIATIONS / EDUCATION

• San Jose State University, B.S. in Management Information

Systems

• University of Dayton, MBA concentration in Finance

• Member, American Industrial Estate Association (AIR)

• Member, Urban Land Institute

• Member, National Association of Industrial and Office

Properties

• University of Dayton Alumni Association

• Member of the University of Dayton Ice Hockey Team 1992


• Bank of America

• Standard Mortgage Insurance

• Mutual of Omaha

• East West Bank

• Provident Bank

• ProAmerica Bank

• Boston Private Bank

• Wells Fargo

• National Bank of California

• Community West Bank

• Pacific Mercantile Bank

• GPC International Bank

• First California Bank

• Community Commerce Bank

• Plaza Bank


• Bank of America• Lowe’s Home Improvement• Zion’s Bank• East West Bank• Provident Bank• Cowboy & Company, LLC• Boston Private Bank• Wells Fargo• National Bank of California• Community West Bank• Pacific Merchantile Bank• GBC International Bank• First California Bank• Community Commerce Bank

* References Available Upon Request *

SEPULVEDA BLVD

PARTHENIA ST

20 - HUDSON COMMERCIAL PARTNERS, INC.

KELLY BETPOLICEManaging Principal

11846 Ventura Blvd.Suite 140Studio City, CA 91604

Cal BRE: 01470894

JAY MARTINEZManaging Principal

11846 Ventura Blvd.Suite 140Studio City, CA 91604

Cal BRE: 01367663

CONTACT

C: 310.403.8544P: 818.699.1602F: 818.332.4977

E: [email protected]

www.hudsonpartnersinc.com

CONTACT

C: 818.212.3057P: 818.699.1603F: 818.688.8140

E: [email protected]

www.hudsonpartnersinc.com

8641 SEPULVEDA BLVD NORTH HILLS, CA 91343...8641 SEPULVEDA BLVD., NORTH HILLS, CA 91343 256’ ......

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