Leased Investment Opportunity - Keegan & Coppin Company, Inc.

Leased Investment Opportunity
1375 - 1408 CORPORATE CENTER PARKWAY, SANTA ROSA, CA
EXECUTIVE SUMMARY
INVESTMENT HIGHLIGHTS
OCCUPANCY
96.38%

Multi-Tenant Sonoma County Investment
2016 CAPITALIZATION RATE
7.76%

52,352± SF Building
2016 IRR BEFORE TAXES
9.65%

96% Leased
$6,295,000 (±$120 psf)

Priced Below Replacement Cost ($120± psf)
OFFERING PRICE

Generous 6:1,000 On-Site Parking
YEAR BUILT
1989

Vast Water & Sewer Credits
BUSINESS PARK
Northpoint Corporate Center

Picnic Area with Barbeque
PARCEL NUMBER
035-530-037

Common Area Restrooms with Showers and Lockers
SITE AREA
3.81± Acres
Sale Price: $6,295,000
7.76% (2016 CAP Rate)
Contact Exclusive Agents:
Keegan & Coppin
REAL ESTATE
KEEGAN & COPPIN COMPANY, INC.
O N C O R I N T E R N AT I O N A L
Commercial Real Estate Services
Russ Mayer, Senior Real Estate Advisor
1201 N. McDowell Blvd.
Petaluma, CA 94954
(707) 664-1400 • (707) 792-7336
Lic # 01260916
RMayer@Keegancoppin.com
John “CJ” Rico & Dan Martinez
1355 N. Dutton Ave.
Santa Rosa, CA 95401
(707) 528-1400 • (707) 524-1400
Lic #’s: 01727765 | 01930459
JRico@Keegancoppin.com
DMartinez@Keegancoppin.com
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein. Maps provided by Google Inc. & Microsoft Corp., respectively.
PROPERTY OFFERING
CONFIDENTIALITY AGREEMENT
This
Coppin
Company,
Inc.Inc.
(“Broker”)
solely
for for
the use
This Property
Property Offering
Offeringwas
wasprepared
preparedbybyKeegan
Keegan&&
Coppin
Company,
(“Broker”)
solely
the
of
prospective
purchasers
of
the
real
property
commonly
known
as
521-525
College
Avenue,
Santa
use of prospective purchasers of the real property commonly known as 1375-1408 Corporate Center
Rosa,
CA.Santa
Neither
theCA.
Broker
nor the
thethe
property
makes(“Owner”)
any representation
or
Parkway,
Rosa,
Neither
the owner
Brokerofnor
owner(“Owner”)
of the property
makes any
warranty,
express
or
implied,
as
to
the
completeness
or
the
accuracy
of
the
material
contained
in
the
representation or warranty, express or implied, as to the completeness or the accuracy of the material
Property
containedOffering.
in the Property Offering.
Prospective purchasers of the Property are advised (i) that changes may have occurred in the physical
or financial condition of the Property since the time this Property Offering or the financial statements
therein were prepared; (ii) that the projections contained herein were made by Broker from information
provided by Owner and are only approximate projections based solely on assumptions and conditions
that may significantly change. Prospective purchasers of the Property are advised and encouraged to
conduct their own comprehensive review and analysis of the Property.
The Property Offering is a solicitation of interest only and is not an offer to sell the Property. The
Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of
interest or offers to purchase the Property and expressly reserve the right, at their sole discretion, to
terminate discussions with any entity at any time with or without notice. The Owner shall have no
legal commitment or obligations to any entity reviewing the Property Offering or making an offer to
purchase the Property unless and until such offer for the Property is approved by Owner and the
signature of Owner is affixed to a Real Estate Purchase Agreement mutually acceptable to Purchaser
and Seller.
This Property Offering is confidential. By accepting the Property Offering, you agree (i) that you will
hold and treat the Property Offering and its contents in the strictest confidence, (ii) that you will not
photocopy or duplicate any part of the Property Offering, (iii) that you will not disclose or distribute
the Property Offering or any of its contents to any other person or entity without the prior written
authorization of the Owner, and (iv) that you will not use the Property Offering in any fashion or
manner detrimental to the interest of the Owner or Broker.
Very truly yours,
ACKNOWLEDGED
AND AGREED TO
_____________________________________
Principal
________________________________
Agent for Principal
By:__________________________________
Keegan & Coppin Company, Inc.
ONCOR International
Title:__________________________________
By:______________________________
Title:______________________________
ACKNOWLEDGED AND AGREED TO
Date:__________________________________
Date:______________________________
Principal
Agent for Principal
By:
By:
Title:
Title:
Date:
Date: