new commercial property listings
DESCRIPTION
California Commercial Properties For InvestmentTRANSCRIPT
GULF PIONEERREAL ESTATE INVESTMENT
DR. ADEL B. MOUFARREJVice President and Executive Partner
Senior Investment ConsultantCells: +966555520389 K.S.A
+16264009501 [email protected]
RARE OPPORTUNITIES IN CALIFORNIA INCOME PROPERTIES
(Shopping Centers & Markets)
Olympicwww.C-21bh.com www.cb-olympic.com
www.GulfPioneerInvest.com
INTRODUCTION
INVESTMENTS
The first golden rule of investment is to diversify your investments in order to preserve your fortune against all unforeseeable economic adversities. All circumstances and all instances indicated that the safest place to invest is in United States for its stable and safe political structure. Also the US economy affects every human being in every country regardless of the economic pyramid of such country.
The safest and most lucrative investment in United States is the real estate especially at present whereby the real estate market has been stagnant in the bottom and started bottoming out and taking an upturn.
We , being large realty companies in California with four decades of experience in the real estate domain, have herein displayed rare real estate investment opportunities.
We have proposed to investors four categories of real estate investment:
I - Vacant lands
II – Shopping Centers and Markets; (Income Properties)
III – Apartment Buildings (Income Properties)
IV - Office Buildings (Income Properties)
The listed prices of the displayed projects are already the market discounted prices however we can depress these prices further down to be equal to 50% of their original prices as appraised before the recession.
We are sure that if we purchase for you the following listed income properties at our negotiated prices your income interest (yield) would be over 11% and we would be able to sell them for you at the end of 2014 at a profit of 60% to 100% on your invested capital.
Please see the following projects and inform us of your interest in any investment category we would then enlarge our scope of projects and related analysis.
Fairmont Chevron 700 Hickey Boulevard, Pacifica, CA 94044
• Price: $2,600,000 • Building Size: 1,377 SF • Price/SF: $1,888.16 • Property Type: Retail • Cap Rate: 20%
This is a major intersection between Daly City and Pacifica with a shopping center across the street (Lucky, Starbuck's, Riteaid) and Serramonte Center 3 blocks away. In business for 40 years, it has many loyal customers and averages over $400,000 net income per year with $.45/gallon margin. There are 2 gas islands with 8 pump sections recently installed. The 3 garage stalls are currently leased to tenants on a month to month basis for $7000. Using the garages as an auto repair shop could add $300K+ to net income.
SHOPPING CENTER 1175 S. Mt. Vernon, Colton, CA 92324
• Price: $3,900,000 • Building Size: 104,231 SF • Price/SF: $37.42 • Property Type: Retail • Cap Rate: 17% • Lot Size: 8.6 Acres
Exceptional Investment Opportunity. Bring all offers, below replacement. Projected cap rate based on proforma is 17%. Sold as is this +-‐ 104,000 SF Retail Building is located right off of I -‐215 in the heart of the Inland Empire in Colton. The I-‐215 is a major corridor from Orange County to the Inland Empire Market and other destinations, it has a heavy Average daily Traffic Count of over 160,000 Vehicles. The site is adjacent to many nation brands that draw traffic to the location including Wal-‐Mart, Ross, McDonalds, Jack in the Box, Denny' s, Starbucks, 99 Cent Store, Burger King and more. The surrounding area is a densely populated mature residential and commercial area. This is an ideal retail site with potential to reconfigure or reposition.
South Center Shopping Center 4650, 4660, 4670 & 4554 Mack Road, Sacramento, CA
• Price: $15,950,000 • Gross Leasable Area: 121,463 SF • Price/SF: $131.32 • Property Type: Retail • Cap Rate: 15.49% • Lot Size: 12.66 Acres
$1.5M PRICE REDUCTION!! VALUE ADD OPPORTUNITY. 15.49% Proforma CAP (4.88% actual CAP) South Center Shopping Center in Sacramento, California. The subject property consists of seven buildings totaling 121,463 square feet on five parcels of land totaling 551,469 square feet (12.66 Acres). The subject property includes three new buildings completed in 2010 (all ADA approved), an out parcel former Wienerschnitzel that includes a drive thru, and two additional buildings that are fully occupied. South Center Shopping Center provides abundant parking with over 1,000 parking spaces and has a strong co-‐tenancy with SF Supermarket, El Pollo Loco and Subway. Hong Kong Court, a Chinese restaurant specializing in weddings, banquets and large events, is scheduled to open on the second floor of 4670 Mack Road in early 2013, which will increase the foot traffic within the shopping center immensely.
76 Gas Station 550 Wainright Ct., Lebec, CA 93243
• Price: $2,195,000 • Building Size: 3,000 SF • Price/SF: $731.67 • Property Type: Retail • Property Sub-type: Service/Gas Station • Cap Rate: 15% • Lot Size: 1.06 Acres
Union 76/ Unical Gas Station in Lebec (about 20 min from Magic Mountain, off Freeway 5), only owner for the last 11 years. Large lot. New pumps, Up to code. Large c-‐store. Beer and wine license. 6 pumps and 12 nozzles. Freeway exit visibility. priced to sell, price includes Property and business.
Green River Promenade 4300 Green River Rd, Corona, CA 92880
• Price: $4,900,000 • Gross Leasable Area: 41,366 SF • Property Type: Retail • Property Sub-type: Neighborhood Center • Cap Rate: 14.90% • Occupancy: 35% • Lot Size: 5.71 AC
Built in 1993, the Green River Promenade is a VALUE ADDED OPPORTUNITY 41,366 SF retail center. Two adjacent bonus pads can add up to 7,000 SF of buildings. An anchor space of 20,043 SF is available for tenanting. Center is recently refurbished and in excellent condition. Parking (and zoning) allows for medical uses. Great retail/professional center. Heavily surrounded by growing residential communities.
Palmdale Promenade 412-442 W. Rancho Vista Boulevard, Palmdale, CA 93551
• Price: $7,295,000 • Gross Leasable Area: 96,352 SF • Price/SF: $75.71 • Property Type: Retail • Cap Rate: 13.25% • Lot Size: 5.52 AC
13.25% Proforma Cap Rate at 95% Occupancy Palmdale Promenade is a Prominent Community Shopping Center Anchored by Home Depot, Burlington Coat Factory and Factory 2U Subject Offering includes 96,352 Square Feet anchored by 99 Cent Only, Leslie' s Pool Supplies, HomeTown Buffet, Payless ShoeSource and Subway Centrally Located within the Main Retail/Commercial Hub in Palmdale at Rancho Vista Boulevard (Avenue P) and the 14 Freeway
Westlake Mall 708 S. Alvarado St., Los Angeles, CA 90057
• Price: $2,800,000 • Gross Leasable Area: 14,200 SF • Price/SF: $197.18 • Property Sub-type: Neighborhood Center • Cap Rate: 12% • No. Stories: 2 • Lot Size: 0.20 AC
Westlake Mall is a vibrant, neighborhood indoor swap meet with multiple street level & interior retail tenants. This mall is a very popular destination for shoppers of clothing, gifts and professional services. ***Distressed property, major upside potential!!
Location, location, location. Located directly next to Langer's Deli and in the heart of Westlake/McArthur Park, this retail opportunity is in a very densely populated area.
Shaw Blackstone Center 5060 N. Blackstone, Fresno, CA 93710
• Price: $3,500,000 • Building Size: 51,452 SF • Price/SF: $68.02 • Cap Rate: 11.80% • Lot Size: 3.23 AC
Dollar Tree - 2 Tenant NNN Investment / 72630 Dinah Shore Drive, Palm Desert, CA 92211
• Price: $2,600,000 • Gross Leasable Area: 24,880 SF • Price/SF: $104.50 • Cap Rate: 11.50% • Year Built: 2003 • Lot Size: 2.30 AC
The subject property is located within the "Costco Center" / Monterey Shore Plaza. Strong National Tenant / Dollar Tree: $1.3 Billion Net Worth, 4200 locations, #373 in Fortune 500 companies, Publically Traded -‐ NASDAQ: DLTR. Value Add / Upside Opportunity thru leasing with potential strong 10% return. The property is is currently leased to Dollar Tree with an available vacant space next to it. Low Cost PSF / Below replacement Cost at $121 PSF. Low tenant rent w/ upside thru leasing. Long Term Historical Occupancy / Dollar Tree has occupied at this center for 9 years. Low 2% vacancy in the trade area.
Sommerset Plaza 1655, 1660, 1665 Broadway, Chula Vista, CA 91911
• Price: $8,500,000 • Gross Leasable Area: 103,707 SF • Price/SF: $81.96 • Cap Rate: 9.80% • Lot Size: 7.80 AC
Two (2) concrete tilt-up and one (1) frame and stucco strip center located on approximately 7.8 acres of leased land. 1655 and 1660 Broadway constructed in 1988 and 1665 constructed in 2009. Anchor tenants include 24 Hour Fitness, Don Roberto Jewelers, and San Ysidro Health. Original term of land lease was 77 years with 52 years remaining.
Located on the east and west side of Broadway near Main in Chula Vista. Traffic count is just over 29,000 cars per day.
Retail Commercial by Lake Merritt 366 Grand Avenue, Oakland, CA 94610
• Price: $1,398,000 • Gross Leasable Area: 5,050 SF • Price/SF: $276.83 • Property Type: Retail • Lot Size: 0.14 Acre Retail Commercial Building located in very desirable & historic Adams Point by northern shore of Lake Merritt. Numerous ground floor retail businesses populate the Grand Avenue business district, all within walking distance from the neighborhood
Valero-El Portal-Contra Costa 2701 El Portal Dr., San Pablo, CA 94806
• Price: $1,548,718 • Building Size: 3,849 SF • Property Sub-type: Service/Gas Station • Lot size: .38 Acres • Cap Rate: 8% STRONG NEW TENANT OWNS MULTIPLE BUSINESSES IN THE BAY AREA-‐-‐TRUE 8% CAP RATE WITH 3% ANNUAL INCREASES!!
Thiptara Thai Restaurant 5630 East Pacific Coast Highway, Long Beach, CA 90814
• Price: $1,870,000 • Building Size: 3,000 SF • Lots Size: 0.31 Acres • Property Type: Retail • Property Sub-type: Restaurant This is a NNN investment opportunity located on Pacific Coast Highway in Long Beach, California. The property features a long-‐term NNN lease with rent increases. The tenant is a 3,000 square foot Thai Food Restaurant.
Los Alazanez Mexican Food 12153 Mariposa Road, Victorville, CA 92395
• Price: $1,520,000 • Building Size: 2,000 SF • Property Type: Retail • Property Sub-type: Restaurant • Lot Size: 0.76 Acres • Cap Rate: 7.50%
Burger King 25246 Dorris Ave, Coalinga, CA 93210
• Price: $1,200,000 • Building Size: 4,743 SF • Lot Size: 1.50 Acres • Property Sub-type: Restaurant • Cap Rate: 7.50% Great location and signage at Hwy 198 & I5, by Harris Ranch. Triple Net lease with long term multi-‐unit franchise tenant.
Napa Auto Parts 2999 Sonoma Boulevard, Vallejo, CA 94590
• Price: $1,468,000 • Building Size: 7,500 SF • Lot Size: 0.61 Acres • Property Type: Retail • Cap Rate: 8% The annual rent as of September 1, 2013 will be $117,429, and increases annually by CPI with a floor of 3% and a ceiling of 6% per year. The lease is net with the tenant responsible for all taxes, insurance, and maintenance.
Folsom Blvd Retail Center 10469-10487 Folsom Blvd, Rancho Cordova, CA 95670
• Price: $1,695,000 • Gross Leasable Area: 18,133 SF • Property Type: Retail • Cap Rate: 8.58% Long-‐time Owner is motivated and ready to retire! 14 Units. Tenants pay own metered utilities and maintenance fee.
Main Street Shopping Strip 2017 South Main Street, Santa Ana, CA 92707
• Price: $1,100,000 • Gross Leasable Area: 6,650 SF • Lot Size: 0.39 Acres the Main Street Shopping Strip located on the busy retail/trade corridor known as the South Main Street Business District in the city of Santa Ana. The 100 percent occupied retail center provides an investor with a stabilized Orange County retail center for sale at $177 per square-‐foot
***Lender-Owned*** Maywood Medical Building 6059 - 6061 Atlantic Blvd, Maywood, CA 90270
• Price: $1,800,000 • Building Size: 11,333 SF • Property Type: Retail • Lot Size: 0.81 Acres • Cap Rate: 8.30% Maywood Medical Building is a two-‐tenant, medical building that offers an investor tremendous upside. The property is located on the signalized intersection of Atlantic Boulevard and 61st Street in the City of Maywood. The two tenants that currently occupy the property, Vista Adult Day Heathcare Center and Maywood Dental, are both on month-‐to-‐month leases that are well below market rates.
PRICE REDUCED! Canyon Vista Shopping Center 690 S Azusa Ave, Azusa, CA 91702
• Price: $1,295,000 • Gross Leasable Area: 9,650 SF • Lot Size: 0.88 Acres • Cap Rate: 10%
1400 E. Florence 1400 E. Florence, Los Angeles, CA 90001
• Price: $1,200,000 • Building Size: 7,910 SF • Lot Size: 0.10 Acres This property consist of a Mixed use Office/Retail dual two story buildings with 7,810 sq. ft of highly sought after space. The location and mixed used zoning are what make this property a true gem.
Blue Ravine 24994-24996 Blue Ravine Road, Folsom, CA 95630
• Price: $1,365,000 • Gross Leasable Area: 4,200 SF • Cap Rate: 9.40%
1700 E Garey Ave 1700 E Garey Ave, Pomona, CA 91766
• Price: $1,848,000 • Building Size: 5,776 SF • Cap Rate: 9.1% • Lot Size: 0.46 Acres
302 E Anaheim Street 302 E Anaheim Street, Long Beach, CA 90813
• Price: $1,600,000 • Building Size: 14,144 SF • Cap Rate: 12% • Lot Size: 0.17 AC Two story mixed-‐use commercial building near the heart of Long Beach. Property enjoys great street corner visibility good for consumer awareness and access. This property contains 7 retail units on the first floor (all under lease contracts). In addition, on the second floor, this property offers 18 units of office space.
Ana Furniture 32111 Union Landing, Union City, CA 94587
• Price: $1,700,000 • Building Size: 25,000 SF • Cap Rate: 8.75% • Lot Size: 2.37 Acres The subject property is a single-‐tenant, freestanding Ana Furniture store located in Union Landing Power Center, one of the most desirable retail locations in Alameda County
14400-14410 Washington Ave, San Leandro 14400 Washington Ave, San Leandro, CA 94578
• Price: $1,990,000 • Gross Leasable Area: 19,041 SF • Cap Rate: 10.1% Investment opportunity! Convenient location shopping strip. Well maintained building in great condition.
Winchester & Payne Center 1304 S. Winchester Blvd., San Jose, CA 95128
• Price: $1,225,000 • Building Size: 5,244 SF • Cap Rate: 11.25% This is a well-‐maintained, free-‐standing, single-‐story building fully leased to stabilized long-‐term tenants including two national tenants, Little Caesar's Pizza and Baskin Robbins 31 Flavor Ice Cream. All tenants are on NNN lease with annual rent increases. Investors will enjoy high cash flow from the first year with significant rent increases every year thereafter and have a chance to recoup your initial investment
7444-48 Reseda Blvd. 7444-48 Reseda Blvd., Reseda, CA 91335
• Price: $1,490,000 • Building Size: 19,193 SF • Cap Rate: 12% Reseda Auto Center is a 100% occupied multi-‐tenant Auto Center located in the city of Reseda, California. The property is located between Sherman Way and Saticoy Street. The center consists of thirteen (13) tenants in three (3) buildings totaling 19,193 square feet.
Mill Street Center 620-640 W. Mill St., San Bernardino, CA 92410
• Price: $1,300,000 • Gross Leasable Area: 17,000 SF • Cap Rate: 10%
INTRODUCTION
INVESTMENTS
The first golden rule of investment is to diversify your investments in order to preserve your fortune against all unforeseeable economic adversities. All circumstances and all instances indicated that the safest place to invest is in United States for its stable and safe political structure. Also the US economy affects every human being in every country regardless of the economic pyramid of such country.
The safest and most lucrative investment in United States is the real estate especially at present whereby the real estate market has been stagnant in the bottom and started bottoming out and taking an upturn.
We , being large realty companies in California with four decades of experience in the real estate domain, have herein displayed rare real estate investment opportunities.
We have proposed to investors four categories of real estate investment:
I - Vacant lands
II – Shopping Centers and Markets; (Income Properties)
III – Apartment Buildings (Income Properties)
IV - Office Buildings (Income Properties)
The listed prices of the displayed projects are already the market discounted prices however we can depress these prices further down to be equal to 50% of their original prices as appraised before the recession.
We are sure that if we purchase for you the following listed income properties at our negotiated prices your income interest (yield) would be over 11% and we would be able to sell them for you at the end of 2014 at a profit of 60% to 100% on your invested capital.
Please see the following projects and inform us of your interest in any investment category we would then enlarge our scope of projects and related analysis.
Mountain Village Entertainment Center 1515 N Mountain Ave, Ontario, CA 91762
• Price: $2,451,850 • Gross Leasable Area: 8,818 SF • Price/SF: $278.05 • Property Type: Retail
A retail opportunity in the heart of Southern California located off the 10 freeway in Ontario, California. The subject property benefits from its newer construction and well maintained landscaping. Being outparcelled to the 14-theater Regal Cinemas is a huge appeal for local and national tenants and the property draws a large crowd from the nearly half a million people located within just five miles.
Lincoln Plaza 2010 West Lincoln Ave, Anaheim, CA 92801
The investment property is a unique opportunity to acquire a highly visible retail strip center including 113 feet of street frontage on the densely traveled Lincoln Corridor with an additional office component. The property has 25 parking spaces and allows for medical uses along with a general office and retail service tenant unit mix.
1414 Palm Canyon 1414 N. Palm Canyon Dr., Palm Springs, CA 92262
• Price: $1,415,000
• Gross Leasable Area: 10,555 SF
• Price/SF: $134.06
Prime Location- Heavy Traffic, Easy Access and High Visibility on Up-Town Gallery District. Fully Leased. 5 Retail/Office front plus 36 Parking Spaces. Parking Lot has been newly Paved and Sealed.
Income - Starbucks Coffee Center 947 W. Olive Avenue, Porterville, CA 93257
• Price: $1,995,000
• Gross Leasable Area: 3,620 SF
• Price/SF: $551.10
• Property Type: Retail
• Lot Size: 0.32 Acres
NNN Investment property with Starbucks, Subway and QC Financial-All corporate leases. Easy to manage with an attractive assumable loan.
Golf Center Square 43990 Golf Center Parkway, Indio, CA 92203
• Price: $1,500,000 • Gross Leasable Area: 16,797 SF • Property Type: Retail • Property Sub-type: Strip Center • Lot Size: 1.77 Acres • Cap Rate: 13.43%
Value Add Investment Opportunity: 16,790 square foot 80% vacant two-building retail center configured into 13 suites. Golf Center Square provides tremendous upside with the ability to lease the buildings at market rents.
Riverwalk Marketplace 461 W. Vandalia, Porterville, CA 93257
• Price: $2,035,000 • Gross Leasable Area: 9,329 SF • Property Type: Retail • Property Use Type: 1.48 Acres • Cap Rate: 7%
The property represents a unique opportunity for an investor to acquire a 9,329 square foot freestanding pad building adjacent to an existing Lowes and proposed Walmart Supercenter anchored shopping center in Porterville.
Retail Commercial by Lake Merritt 366 Grand Avenue, Oakland, CA 94610
• Price: $1,398,000 • Gross Leasable Area: 5,050 SF • Price/SF: $276.83 • Property Type: Retail • Lot Size: 0.14 Acre Retail Commercial Building located in very desirable & historic Adams Point by northern shore of Lake Merritt. Numerous ground floor retail businesses populate the Grand Avenue business district, all within walking distance from the neighborhood
Valero-El Portal-Contra Costa 2701 El Portal Dr., San Pablo, CA 94806
• Price: $1,548,718 • Building Size: 3,849 SF • Property Sub-type: Service/Gas Station • Lot size: .38 Acres • Cap Rate: 8% STRONG NEW TENANT OWNS MULTIPLE BUSINESSES IN THE BAY AREA-‐-‐TRUE 8% CAP RATE WITH 3% ANNUAL INCREASES!!
Thiptara Thai Restaurant 5630 East Pacific Coast Highway, Long Beach, CA 90814
• Price: $1,870,000 • Building Size: 3,000 SF • Lots Size: 0.31 Acres • Property Type: Retail • Property Sub-type: Restaurant This is a NNN investment opportunity located on Pacific Coast Highway in Long Beach, California. The property features a long-‐term NNN lease with rent increases. The tenant is a 3,000 square foot Thai Food Restaurant.
Los Alazanez Mexican Food 12153 Mariposa Road, Victorville, CA 92395
• Price: $1,520,000 • Building Size: 2,000 SF • Property Type: Retail • Property Sub-type: Restaurant • Lot Size: 0.76 Acres • Cap Rate: 7.50%
Burger King 25246 Dorris Ave, Coalinga, CA 93210
• Price: $1,200,000 • Building Size: 4,743 SF • Lot Size: 1.50 Acres • Property Sub-type: Restaurant • Cap Rate: 7.50% Great location and signage at Hwy 198 & I5, by Harris Ranch. Triple Net lease with long term multi-‐unit franchise tenant.
Napa Auto Parts 2999 Sonoma Boulevard, Vallejo, CA 94590
• Price: $1,468,000 • Building Size: 7,500 SF • Lot Size: 0.61 Acres • Property Type: Retail • Cap Rate: 8% The annual rent as of September 1, 2013 will be $117,429, and increases annually by CPI with a floor of 3% and a ceiling of 6% per year. The lease is net with the tenant responsible for all taxes, insurance, and maintenance.
Folsom Blvd Retail Center 10469-10487 Folsom Blvd, Rancho Cordova, CA 95670
• Price: $1,695,000 • Gross Leasable Area: 18,133 SF • Property Type: Retail • Cap Rate: 8.58% Long-‐time Owner is motivated and ready to retire! 14 Units. Tenants pay own metered utilities and maintenance fee.
Main Street Shopping Strip 2017 South Main Street, Santa Ana, CA 92707
• Price: $1,100,000 • Gross Leasable Area: 6,650 SF • Lot Size: 0.39 Acres the Main Street Shopping Strip located on the busy retail/trade corridor known as the South Main Street Business District in the city of Santa Ana. The 100 percent occupied retail center provides an investor with a stabilized Orange County retail center for sale at $177 per square-‐foot
***Lender-Owned*** Maywood Medical Building 6059 - 6061 Atlantic Blvd, Maywood, CA 90270
• Price: $1,800,000 • Building Size: 11,333 SF • Property Type: Retail • Lot Size: 0.81 Acres • Cap Rate: 8.30% Maywood Medical Building is a two-‐tenant, medical building that offers an investor tremendous upside. The property is located on the signalized intersection of Atlantic Boulevard and 61st Street in the City of Maywood. The two tenants that currently occupy the property, Vista Adult Day Heathcare Center and Maywood Dental, are both on month-‐to-‐month leases that are well below market rates.
PRICE REDUCED! Canyon Vista Shopping Center 690 S Azusa Ave, Azusa, CA 91702
• Price: $1,295,000 • Gross Leasable Area: 9,650 SF • Lot Size: 0.88 Acres • Cap Rate: 10%
1400 E. Florence 1400 E. Florence, Los Angeles, CA 90001
• Price: $1,200,000 • Building Size: 7,910 SF • Lot Size: 0.10 Acres This property consist of a Mixed use Office/Retail dual two story buildings with 7,810 sq. ft of highly sought after space. The location and mixed used zoning are what make this property a true gem.
Blue Ravine 24994-24996 Blue Ravine Road, Folsom, CA 95630
• Price: $1,365,000 • Gross Leasable Area: 4,200 SF • Cap Rate: 9.40%
1700 E Garey Ave 1700 E Garey Ave, Pomona, CA 91766
• Price: $1,848,000 • Building Size: 5,776 SF • Cap Rate: 9.1% • Lot Size: 0.46 Acres
302 E Anaheim Street 302 E Anaheim Street, Long Beach, CA 90813
• Price: $1,600,000 • Building Size: 14,144 SF • Cap Rate: 12% • Lot Size: 0.17 AC Two story mixed-‐use commercial building near the heart of Long Beach. Property enjoys great street corner visibility good for consumer awareness and access. This property contains 7 retail units on the first floor (all under lease contracts). In addition, on the second floor, this property offers 18 units of office space.
Ana Furniture 32111 Union Landing, Union City, CA 94587
• Price: $1,700,000 • Building Size: 25,000 SF • Cap Rate: 8.75% • Lot Size: 2.37 Acres The subject property is a single-‐tenant, freestanding Ana Furniture store located in Union Landing Power Center, one of the most desirable retail locations in Alameda County
14400-14410 Washington Ave, San Leandro 14400 Washington Ave, San Leandro, CA 94578
• Price: $1,990,000 • Gross Leasable Area: 19,041 SF • Cap Rate: 10.1% Investment opportunity! Convenient location shopping strip. Well maintained building in great condition.
Winchester & Payne Center 1304 S. Winchester Blvd., San Jose, CA 95128
• Price: $1,225,000 • Building Size: 5,244 SF • Cap Rate: 11.25% This is a well-‐maintained, free-‐standing, single-‐story building fully leased to stabilized long-‐term tenants including two national tenants, Little Caesar's Pizza and Baskin Robbins 31 Flavor Ice Cream. All tenants are on NNN lease with annual rent increases. Investors will enjoy high cash flow from the first year with significant rent increases every year thereafter and have a chance to recoup your initial investment
7444-48 Reseda Blvd. 7444-48 Reseda Blvd., Reseda, CA 91335
• Price: $1,490,000 • Building Size: 19,193 SF • Cap Rate: 12% Reseda Auto Center is a 100% occupied multi-‐tenant Auto Center located in the city of Reseda, California. The property is located between Sherman Way and Saticoy Street. The center consists of thirteen (13) tenants in three (3) buildings totaling 19,193 square feet.
Mill Street Center 620-640 W. Mill St., San Bernardino, CA 92410
• Price: $1,300,000 • Gross Leasable Area: 17,000 SF • Cap Rate: 10%
To request further information and analysis on
different properties or on a different portfolio, please contact Dr. Adel B. Moufarrej at [email protected] or at
1 (626) 400-‐9501 – USA + 966555520389 – Saudi Arabia www.GulfPioneerInvest.com
Olympic