free standing building for sale on ventura blvd

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FREE STANDING BUILDING FOR SALE ON VENTURA BLVD 19935 VENTURA BLVD, WOODLAND HILLS, CA 91364 Commercial Asset Group 4558 Sherman Oaks Ave, 2nd Floor Sherman Oaks, CA 91403 Phone: 818.385.1414 Jason Cole Director Phone: 818.304.8385 Email: [email protected] OWNER/USER OPPORTUNITY

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Page 1: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

FREE STANDING BUILDING FOR SALE ON VENTURA BLVD1 9 9 3 5 V E N T U R A B L V D , W O O D L A N D H I L L S , C A 9 1 3 6 4

Commercial Asset Group4558 Sherman Oaks Ave, 2nd FloorSherman Oaks, CA 91403Phone: 818.385.1414

Jason Cole DirectorPhone: 818.304.8385Email: [email protected]

OWNER/USER OPPORTUNITY

Page 2: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

RARE OPPORTUNITY TO PURCHASE A ONE OF A KIND PROPERTY1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

Highlights: • High Identity Office Building on Ventura Blvd Corner• Great Visibility from Both Sides of Ventura Blvd and 101 Freeway• ±18,285 Sq. Ft. 3-Story Office Building • Perfect for Owner/User or Investor • Occupy a Part or All of the Property• Can be delivered completely vacant at close of escrow• 2nd floor tenant can be kept in place if Buyer wants to retain income• Rare Opportunity to Purchase Unique Architectural Gem• Pylon Signage Available Along Ventura Blvd• Ideal Office Location along Ventura Blvd in the Heart of Woodland Hills • Freeway Visible Property with Top Signage Opportunity • On Ventura Blvd 1 block East of Winnetka Ave • Immediate access to the 101 Freeway • Walking distance to great shops and restaurants • Outdoor Balconies and Patios on Every Floor

Physical Details:

• ±18,285 Sq. Ft. Steel Frame Building • 12,167 Sq. Ft. Land Parcel • Sublevel Parking Garage • 30 Covered and 10 Surface Parking Spaces• Zoned LAC1 • Level 1: 6,095 SF• Level 2: 6,095 SF• Level 3: 6,095 SF

Asking Price:

$4,950,000 ($270 PSF)

These materials are based on information and content provided by others, which we believe are accurate. No guarantee, warranty or representation is made by Commercial Asset Group, Inc. or its personnel. All interested parties must independently verify accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations. The property is subject to prior lease, sale, change in price, or withdrawal from the market without notice.

Page 3: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

EXECUTIVE SUMMARY

Commercial Asset Group, Inc. has been selected to exclusively market for sale 19935 Ventura

Blvd, an 18,285 SF multi-tenant office building ideally situated on 12,167 SF of land located in

Woodland Hills, CA. This beautiful 3 story office building can be delivered with either 2 or 3 stories

vacant allowing an owner/user to capitalize on a rare opportunity to occupy the entire property, or

lease out the balance of the property to bring in additional income.

19935 Ventura Blvd is located in the desirable submarket of Woodland Hills, adjacent to Warner

Center, known as the central business district of the San Fernando Valley. Warner Center is one of

Los Angeles’ largest urban developments, offering a sweeping complex of office parks, high-rise

office towers, apartments, and shopping centers including Westfield Topanga and the Village at

Westfield Topanga.

The subject property is ideally located on highly trafficked Ventura Boulevard, the main thoroughfare

of the San Fernando Valley and the world’s longest avenue of contiguous business. With immediate

access to the 101 and 405 freeways, great shopping and restaurants within walking distance, and

phenomenal visibility along the 101 freeway offering top building signage, this is a rare opportunity

indeed.

19935 Ventura is ideally positioned for an owner-user buyer looking to occupy anywhere from 51%

to 100% of the property.

Page 4: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

INTERIOR PHOTOS1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

Page 5: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

SBA 504 LOAN SCENARIO1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

SBA 504 Loan Scenario

Own the Business? Own the Building.

Building Purchase Price $5,950,000Improvements $0Equipment $0Other $0Total Project Costs $5,950,000

Loan StructureBank 1st Mortgage 50% $2,975,000SBA 504 2nd Mortgage 40% $2,434,000Down Payment 10% $595,000Total Project with Fees 100.00% $6,004,000

Loan Amount Rate Term Amort Monthly Pymt Annual PymtBank 1st Mortgage 2,975,000$ 4.50% 10 Yrs 25 Yrs 16,536$ 198,432$ SBA 504 2nd Mortgage* 2,434,000$ 4.62% 20 Yrs 20 Yrs 15,557$ 186,682$

Total Financing 5,409,000$ 4.55% 32,093$ 385,114$

Assumptions:

90% SBA 504 Financing Example

● Bank rate, terms and fees are estimated and will vary depending on approval.● SBA rate is as of Apr '17. Actual rate is set at debenture sale.● SBA Fee is estimated at 2.15% plus a $2,500 legal fee. All SBA fees are financed in the 504 loan.

● Related costs including appraisal and environmental reports, escrow closing costs (including insurance and legal closingcosts) and other soft costs may be included in the loan.

● 90% LTV financing generally does not require additional collateral.

*Includes financed SBA fee of $54,000

50%

40%

10%

Bank Loan

SBA 504 Loan

Injection

Page 6: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

MAP1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

Page 7: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

AERIAL1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

19935 Ventura Blvd

101 FREEWAY

VENTURA BLVD

Page 8: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

AERIAL1 9 9 3 5 V E N T U R A B LV D , W O O D L A N D H I L L S , C A 9 1 3 6 4

101 FREEWAY

VENTURA BLVD

Page 9: FREE STANDING BUILDING FOR SALE ON VENTURA BLVD

These materials are based on information and content provided by others, which we believe are accurate. No guarantee, warranty or representation is made by Commercial Asset Group, Inc. or its personnel. All interested parties must independently verify accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations. The property is subject to prior lease, sale, change in price, or withdrawal from the market without notice.

Commercial Asset Group4558 Sherman Oaks Ave, 2nd FloorSherman Oaks, CA 91403Phone: 818.385.1414www.cag-re.comLic. 01876070

Jason ColeDirectorPhone: 818.304.8385Email: [email protected]. 01727670

For more information, please call.