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Page 1: images3.loopnet.comimages3.loopnet.com/d2/...The compliance with Local, County, State and Federal regulations, the physical condition of the improvements thereon, or the financial

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Page 2: images3.loopnet.comimages3.loopnet.com/d2/...The compliance with Local, County, State and Federal regulations, the physical condition of the improvements thereon, or the financial

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Confidential Agreement

Lee & Associates Commercial Real Estate Services, Inc. - Orange ("Agent

") has been engaged as the Exclusive Agent for the sale or lease by the

Owner/Lessor of the Property. The Property is being offered for sale or for

lease in an "As Is, Where Is" condition, and Seller/Lessor and Agent make

no representations or warranties as to the accuracy of the information

contained in this Offering Memorandum.

The enclosed materials include highly confidential information and are

being furnished solely for the purpose of review by prospective purchasers

or lessees of the interest described herein. Neither the enclosed materials

nor any information contained herein is to be used for any other purpose

or made available to any other person without the express written consent

of the Seller/Lessor.

The use of this Offering Memorandum and the information provided herein

is subject to the terms, provisions and limitations of the Confidentiality

Agreement furnished by Agent prior to delivery of this Offering

Memorandum.

The enclosed materials are being provided solely to facilitate the

prospective investor 's or prospective Lessee's own due diligence for

which it shall be fully and solely responsible. The material contained herein

is based on information and sources deemed to be reliable, but no

representation or warranty, express or implied, is being made by Agent or

Seller/Lessor or any of their respective representatives, affiliates, offers,

employees, shareholders, partners or directors, as to the accuracy or

completeness of the information contained herein.

All interested parties shall make their own measurements of the property or

engage a third party to verify any and all measurements of the property

contained herein. This marketing brochure has been prepared to provide

summary unverified information to prospective purchasers or lessees, and

to establish only a preliminary level of interest in the subject Property. The

information contained herein is not a substitute for a thorough due

diligence investigation. Lee & Associations Commercial Real Estate

Services, Inc. - Orange has not made any investigation and makes no

warranty or representation with respect to the income or expenses for the

subject Property, the size and square footage of the Property and

improvements, the presence or absence of contaminating substances,

PCB's, or asbestos.

The compliance with Local, County, State and Federal regulations, the

physical condition of the improvements thereon, or the financial condition

or business prospects of any tenant, or any tenant 's plans or intentions to

continue its occupancy of the subject Property. All potential buyers/

lessees must take appropriate measures to verify all of the information set

forth herein. Summaries contained herein of any legal or other documents

are not intended to be comprehensive statements of the terms of such

documents, but rather only outlines of some of the principal provisions

contained therein.

Neither the Agent nor the Seller/Lessor shall have any liability whatsoever

for the accuracy of completeness of the information contained herein or

any other written or oral communication or information transmitted or

made available or any action taken or decision made by the recipient

with respect to the Property. Interested parties are to make their own

investigations, projects, and conclusions without reliance upon the

material contained herein.

Seller/Lessor reserves the right, at its sole and absolute discretion, to

withdraw the Property from being marketed for Sale and/or Lease at any

time and for any reason. Seller/Lessor and Agent expressly reserve the

right, at their sole and absolute discretion, to reject any and all expressions

of interest or offers regarding the Property and/or to terminate discussions

with any entity at any time, with or without notice.

This offering is made subject to omissions, correction of errors, change of

price or other terms, prior sale, lease or withdrawal from the market

without notice. Agent is not authorized to make any representations or

agreements on behalf of Seller/Lessor. Seller/Lessor shall have no legal

commitment or obligation to any interested party reviewing the enclosed

materials, performing additional investigation and/or making an offer to

purchase or lease the Property unless and until the binding written

agreement for the purchase or lease of the Property has been fully

executed, delivered, and approved by Seller/Lessor and any conditions to

Seller's/Lessor's obligations thereunder have been satisfied or waived.

By taking possession of and reviewing the information contained herein,

the recipient agrees that (a) the enclosed materials and their contents are

of a highly confidential nature and will be held and treated in the strictest

confidence and shall be returned to Agent or Seller/Lessor promptly upon

request; and (b) the recipient shall not contact employees or tenants of

the Property directly or indirectly regarding any aspect of the enclosed

materials or the Property without the prior written approval of the Seller/

Lessor or Agent; and (c) no portion of the enclosed materials may be

copied or otherwise reproduced without the prior written authorization of

Seller/Lessor or Agent or as otherwise provided in the Confidentiality and/

or Registration Agreement executed and delivered by the recipient(s) to

Lee & Associates Commercial Real Estate Services, Inc. - Orange.

By accepting this marketing brochure, you agree to release Lee &

Associates Commercial Real Estate Services, Inc. - Orange, and the

representing agent(s), and hold them harmless from any kind of claim,

cost, expense, or liability arising out of your investigation and/or purchase

of this Property.

*One of the Sellers has a California Real Estate License and is acting as

principal

LeeOrange.com

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������������� ���������������������������������� !"�� #"��$��%&'��($)��*%'+,)�-��#.!/0

�12��324562��78129:4;17<�=>6:?6� 174:@4A������-$�B�-C����=2;7@;D:>EFG<HIG<EFJG:K3@5:7:7L>66M:??1@;:46?<@19N���OJJPEJQGE JOSHUA K. HARPERMarketing Associate

714.564.7116

[email protected]

BRE #01956294

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1085-1095 N. Main St.

Orange, CA 92867

TABLE OF CONTENTS

I. Property Information

II. Location Information

Ill. Financial Analysis

IV. Demographics

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PROPERTY INFORMATION

COMMERCIAL REAL ESTATE SERVICES

INDUSTRIAL OFFICE FLEX RETAIL R&D LAND MEDICAL

1085-1095 N. Main St.

Orange, CA 92867

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LeeOrange.com

± 39,390 SF | 1085-1095 N. MAIN ST. | ORANGE, CA 92867

SECTION I. PROPERTY INFORMATION

Offering

HIGHLIGHTSTotal SF: 2 Freestanding Buildings on separate parcels consisting of approximately 39,390 SFAsking Price for both Buildings: $TBD

LOCATION INFORMATIONCorner Signalized-Great Visibility-Approximately 390 Feet of Main Street Frontage2 Freestanding Buildings can be sold separatelyWalking Distance to the "ARTIC" MetroLink and AmTrack Train and Bus Station, Stadium Promenade, Century Stadium 25 Movie Theater, Premier Restaurants, Orange County Badminton Club, Anaheim Ducks' Honda Center, and Angels StadiumJust minutes from DisneylandNear Tile Mile

POSSIBLE REZONINGThis property is located in the Katella Avenue Corridor Focus Area, specifically in Urban Mixed-Use Activity Center. The City of Orange General Plan provides for High Density Urban Mixed Use and the city is open to rezoning which would allow for 108 townhouse, condos, or apartment units plus additional units if low income housing provided. Additionally, there is no height restrictions for this property. *Please verify with City of Orange on rezone and height restriction.

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SECTION I. PROPERTY INFORMATION

39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA

Property Description

PROPERTY HIGHLIGHTS

• Two Freestanding Buildings of± 39,380 SF

• Two Parcels of Approximately 1.81 Acres (78,843 SF)

• Approximately 18'-20' Warehouse Clearance

• Twelve ( 12) Ground Level Doors

• Large Fenced Yard, Gated Lot

• Small Office Suites

• Flexible Layouts

• Landlord has option to Terminate Lease for 1095 N. Main-

A, G, I, &J which accounts for approximately 9,017 SF and

the present rent is about 40% below market rent

• The tenant in 1085 N. Main- A-E, which approximately

12,797 SF is paying about 10-15% below market rent

LeeOrange.com

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SECTION I. PROPERTY INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Additional Photos

1085 and 1095 N. Main

LeeOrange.com

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LOCATION INFORMATION

COMMERCIAL REAL ESTATE SERVICES

INDUSTRIAL OFFICE FLEX RETAIL R&D LAND MEDICAL

1085-1095 N. Main St.

Orange, CA 92867

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Retailer Map

Map ;data ©2017 Google Imagery ©2017 , County of San Bernardino, DigitalGlobe, U.S. Geological Survey, USDA Farm Service Agency

LeeOrange.com

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Regional Map

LeeOrange.com

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Location Maps

LeeOrange.com

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SECTION II. LOCATION INFORMATION

±39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Aerial Map

LeeOrange.com

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Plot Map

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

1085 N. Main Floor Plan

1 085 N. Main Street

Upper Level Lower Level

LeeOrange.com

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SECTION II. LOCATION INFORMATION

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

1095 N. Main Floor Plan

1095 N. Main Street

Upper Level

LnlA

Lower Level

LhU

LeeOrange.com

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FINANCIAL ANALYSIS

COMMERCIAL REAL ESTATE SERVICES

INDUSTRIAL OFFICE FLEX RETAIL R&D LAND MEDICAL

1085-1095 N. Main St.

Orange, CA 92867

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Unit Tenant Size Current Current Current Market Market Market Expense LeaseAddress Sq Ftg Rate/SF Base Rent 7.17-6.18 Rate/SF Base Rent 7.17-6.18 Recapture Expirations

1085 A-E Shade Structures 12,797 $0.81 10,365.57$ 124,029.00$ $0.81 10,365.57$ 124,386.84$ 7,115.84$ 6.30.20211085 K Primary Staffing 997 $0.98 980.00$ 11,760.00$ $1.50 1,495.50$ 17,946.00$ Mo-to-Mo1085 L Michael Gogan 828 $0.99 820.00$ 9,840.00$ $1.50 1,242.00$ 14,904.00$ Mo-to-Mo1085 M Vacant 611 $0.00 -$ -$ $1.50 916.50$ 10,998.00$ Vacant1085 N 24/7 Keep in Touch 384 $0.99 380.00$ 4,560.00$ $1.50 576.00$ 6,912.00$ Mo-to-Mo1085 O AtCar Auto 275 $1.18 325.00$ 3,900.00$ $1.47 405.21$ 4,862.50$ Mo-to-Mo1085 P Vacant 484 $0.00 -$ -$ $1.50 726.00$ 8,712.00$ Vacant

1085 Total 3,579 16,376 12,870.57$ 154,089.00$ 15,726.78$ 188,721.34$ 7,115.84$ 1095 A Challenge Financial 1,935 -$ -$ -$ -$ -$ -$ 01.31.20201095 G Challenge Financial 1,420 -$ -$ -$ -$ -$ 01.31.20201095 I Challenge Financial 3,012 -$ -$ -$ -$ -$ 01.31.20201095 J Challenge Financial 2,650 -$ -$ -$ -$ -$ 01.31.2020Sub A G I J 9,017 0.52$ 4,723.00$ 58,075.00$ 0.85$ 7,664.45$ 91,973.40$ 4,774.38$ 01.31.2020

1095 B American Legal Support 1,367 0.89$ 1,216.33$ 14,596.00$ 1.50$ 2,050.50$ 24,606.00$ -$ 11.30.20171095 C Vacant 930 -$ -$ -$ 1.50$ 1,395.00$ 16,740.00$ -$ Vacant1095 H Vacant 300 -$ -$ -$ 1.50$ 450.00$ 5,400.00$ -$ VacantSub C H 1,430 -$ -$ -$

1095 D Enforcement Trainers 590 0.94$ 554.60$ 6,802.70$ 1.50$ 885.00$ 10,620.00$ 1,486.80$ 05.31.20181095 E Premier Motors 267 -$ -$ -$ 1095 F Premier Motors 0 -$ -$ -$ Sub E F 267 1.35$ 360.42$ 4,325.00$ 1.50$ 400.50$ 4,806.00$ -$ Mo-to-Mo

1095 K Vacant 722 -$ -$ 1.50$ 1,083.00$ 12,996.00$ -$ Vacant1095 L Vacant 1,053 -$ -$ -$ 1.50$ 1,579.50$ 18,954.00$ -$ Vacant1095 M Sakamaki and Baumgartner 595 0.89$ 529.58$ 6,355.00$ 1.50$ 892.50$ 10,710.00$ 1,499.40$ Mo-to-Mo1095 M-1 Vacant 1,027 -$ -$ -$ 1.50$ 1,540.50$ 18,486.00$ -$ Vacant1095 N Vacant 797 -$ -$ -$ 1.50$ 1,195.50$ 14,346.00$ -$ Vacant1095 O QTS Tours and Travel 415 0.89$ 369.33$ 4,432.00$ 1.50$ 622.50$ 7,470.00$ -$ Mo-to-Mo1095 P Vacant 1,959 -$ -$ -$ 1.50$ 2,938.50$ 35,262.00$ -$ Vacant1095 Q Lucille Justiniani - Farmers 378 0.89$ 336.42$ 4,037.00$ 1.50$ 567.00$ 6,804.00$ -$ Mo-to-Mo1095 R Vacant 1,200 -$ -$ -$ 1.50$ 1,800.00$ 21,600.00$ -$ Vacant1095 S Lance Boland and Billy Harty 1,725 0.79$ 1,362.75$ 16,353.00$ 1.50$ 2,587.50$ 31,050.00$ 4,347.00$ Mo-to-Mo1095 T Bogdan Biriescu 160 1.00$ 160.00$ 1,920.00$ 1.50$ 240.00$ 2,880.00$ 403.20$

Utiltiy Closet 312 -$ -$ -$ 1095 Total 6,946 23,014 9,612.43$ 116,895.70$ 334,703.40$ 12,510.78$ 1085-1095 Total 39,390 270,984.70$ 523,424.74$ 19,626.62$

1085-1095 Main Street, Orange, California - Rent Roll, Income

LeeOrange.com

± 39,390 SF | 1085-1095 N. MAIN ST. | ORANGE, CA 92867

SECTION III. FINANCIAL ANALYSIS

Rent Roll

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DEMOGRAPHICS

COMMERCIAL REAL ESTATE SERVICES

INDUSTRIAL OFFICE FLEX RETAIL R&D LAND MEDICAL

1085-1095 N. Main St.

Orange, CA 92867

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SECTION IV. DEMOGRAPHICS

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Demographics Report

1 MILE 3 MILES 5 MILES

Total households 2,289 56,281 169,936

Total persons per hh 3.3 3.3 3.7

Average hh income $69,951 $75,020 $75,884

Average house value $439,475 $537,871 $540,117

1 MILE 3 MILES 5 MILES

Total population 7,598 185,728 625,498

Median age 30.5 32.1 31.2

Median age (male) 29.8 31.3 30.4

Median age (female) 32.6 33.4 32.2

1 MILE 3 MILES 5 MILES

Total population - White 4,300 117,319 357,777

% White 56.6% 63.2% 57.2%

Total population - Black 127 3,005 8,863

% Black 1.7% 1.6% 1.4%

Total population - Asian 993 18,856 65,552

%Asian 13.1% 10.2% 10.5%

Total population - Hawaiian 36 383 1,331

% Hawaiian 0.5% 0.2% 0.2%

Total population - Indian 23 925 2,843

% Indian 0.3% 0.5% 0.5%

Total population - Other 1,755 40,080 175,067

% Other 23.1% 21.6% 28.0%

1 MILE 3 MILES 5 MILES

Total population - Hispanic 4,079 94,138 385,563

% Hispanic 53.7% 50.7% 61.6%

• Demographic data derived from 2010 US Census

LeeOrange.com

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SECTION IV. DEMOGRAPHICS

± 39,390 SF I 1085-1095 N. MAIN ST. I ORANGE, CA 92867

Demographics Map

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 7,598 185,728 625,498

MEDIAN AGE 30.5 32.1 31.2

MEDIAN AGE (MALE) 29.8 31.3 30.4

MEDIAN AGE (FEMALE) 32.6 33.4 32.2

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 2,289 56,281 169,936

# OF PERSONS PER HH 3.3 3.3 3.7

AVERAGE HH INCOME $69,951 $75,020 $75,884

AVERAGE HOUSE VALUE $439,475 $537,871 $540,117

RACE 1 MILE 3 MILES 5 MILES

% WHITE 56.6% 63.2% 57.2%

% BLACK 1.7% 1.6% 1.4%

%ASIAN 13.1% 10.2% 10.5%

%HAWAIIAN 0.5% 0.2% 0.2%

%INDIAN 0.3% 0.5% 0.5%

%OTHER 23.1% 21.6% 28.0%

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 53.7% 50.7% 61.6%

• Demographic data derived from 2010 US Census

LeeOrange.com

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COMMERCIAL REAL ESTATE

Lee and Associates Commercial Real Estate Services, Inc - Orange 1004 West Taft Avenue, Suite 150, Orange, California 92865

714-647-9100 I BRE# 01011260www.LeeAssociatesOrange.com