The subject property is a Leasehold interest in 30,056 Sq. Ft retail pad with 8,000 Sq. Ft of improvements anchored by Home Depot. Other national tenants include GameStop, Corner Bakery, Pier 1 Imports, Habit Burger, PetSmart, Ralphs and Staples. Summary of the offering: " Corporate Guaranty Triple Net Lease (NNN) from Wells Fargo Bank " Investment Grade Tenant- Standard & Poor's A+ Rating " Outparcel to 157,000 sq ft Home Depot Anchored Shopping Center " Initial Base Lease- 25 years with five-5 year options. " Lease due in 2013 with one 5 year option remaining " Well Fargo has been the tenant at this location for 39 Years " Rental increases every five years through Base and Option Terms " Monthly rent: $24,948 " Annual income: $299,376 (scheduled gross income / operating income) " Easily Accessed by the 5 Freeway " Average HH Income within 1 Mile $88,554 Wells Fargo has invested over $1 Million in tenant improvement dollars over the period of their occupancy.
Unique owner/user opportunity with various suite sizes which can accommodate an owner/user from 1,000 to 3,856 square feet with building signage. Capitalize on aggressive SBA financing (10% down between 4.15% to 4.35%) or conventional financing (4.5% to 5.0%) with the ability to finance tenant improvements and capital improvements.
2,900 SF functional 2-story office space. Exposed ceiling, polished concrete floors, decorative finish and upgraded fixtures. 9 offices, conference room and kitchen. Executive restrooms and shower. Bonus mezzanine.
Arguably the most sought after location within the Vista Terrace Park, 26' clearance in the warehouse, deluxe two story offce, great warehouse space and glass line.
Fully air conditioned building with retail potential located 1 block from 405 Freeway on/off ramp at Lake Forest Dr. Has been used as furniture warehouse, antique mall, and current use is auto mall. Can be a single or multi-tenant building. Creative Industrial RetailSingle Story Freestanding DesignExtensive Window Line12 Clear HeightRENOVATIONS UNDERWAY
Marcus & Millichap is pleased to offer for sale a fully built out 2,781 square-foot Medical Dental Condo that is priced well below its initial build price. As a bonus, the Seller is willing to carry 80% of the purchase contract on this former fully operating dental office. This highly improved class "A" medical condo consists of four partitioned dental exam rooms with views, two enclosed spa rooms (plumbed for dental) that are fully equipped for an Esthetician, a separate consultation suite that are also plumbed for additional patient rooms, kitchen & lunch room, dental lab, x-ray room, formal waiting room, large reception area and an executive office. The first class appointments include trey ceilings, travertine flooring, custom cabinetry, upgraded lighting fixtures and finishes, medical equipment and much more. A floor plan and equipment list is included in the Offering package. The dental equipment in the unit is available for purchase separately.
Vista Terrace Business Park is located in the heart of Baker Ranch, fiveminutes from Irvine Spectrum. The park has major street frontage with access to 241 Transportation Corridor. Close to amenities. Fee Simple Ownership 2,751 SF of Office 3,000 SF of Industrial Warehouse 16' Clearance Upgraded Office / Turn Key Condition / Move-in Ready 2 Ground Level Doors Fully Sprinklered
Vista Terrace Business Park is located in the heart of Baker Ranch, fiveminutes from Irvine Spectrum. The park has major street frontage. The property offers a lunch room and three restrooms, including one shop restroom. Fee Simple Ownership Approximately 2,000 SF of Office - Bonus HVAC Office Mezzanine 2 Ground Level Doors Fully Sprinklered 3:1 Parking 400 Amp, 120/280 Volt, 3 Phase Power 18' Clearance Lunch Room Shop Restroom