offering memorandum€¦ · memorandums and marketing presentations. lead generation boardwalk cre...
TRANSCRIPT
2630 W. Lake St. Hanover Park, IL
Offering Memorandum
Bob Petrich Boardwalk CRE, President
direct: 708-917-3333
[email protected] www.boardwalkcre.com
BEST PLACE
FAMILIES AWARD
CAR WASH
SYSTEMS
EQUIPMENT
GROWING
POPULATION
HEAVY TRAFFIC
COUNT
Expressway
STRONG
DEMOGRAPHICS
SUMMARY OF BASIC SYSTEMS AND EQUIPMENT
1. ONE (I) WEBEN JARCO BRAND RECIRCULATING IN-FLOOR HEAT BOILER JH 7 SYSTEM
SUFFICIENT TO HEAT 9 BAYS,
2. ONE (1) WEBEN JARCO BRAND HOT WATER HEATER BOILER JH 5 SYSTEM SUFFICIENT TO
HEAT WASH WATER FOR 8 WASH BAYS,
3. ONE (1) STA-RITE FOAM BRUSH PUMP AND SYSTEM,
4. ONE (1) HARD WIRED BURGLAR AND SMOKE ALARM,
5. ONE (t) ENCLOSED BATHROOM WITH COMMODE, WASH SINK, AND ELECTRIC HOT WATER
HEATER,
6. SIX (6) CAT BRAND 310 HIGH PRESSURE PUMPS CONE FOR EACH WASH BAY) WITH STAND
FOR EASY ACCESS,
7. IN ADDITION TO BOILER HOLDING TANK FOR HOT WATER DEMANDADDED SEPARATE 50
GALLON STAINLESS STEEL HOT WATER HOLDING TANK, AND ADDITIONAL 40 GALLON
STAINLESS STEEL WAX AND 40 GALLON STAINLESS STEEL SOAP HOLDING TANKS,
8. ONE WINTERIZING WATER WEEP SYSTEM FOR HIGH PRESSURE WASH SYSTEM,
9. AUTOMATIC ALL EXTERIOR LIGHTS ON/OFF AT DUSK/DAWN,
10. USE OF THREE PHASE ELECTRIC FOR ELECTRIC USAGE SAVINGS,
11. INSULATED MECHANICAL ROOM ROOF.
12. ROOM FOR EXPANSION FOR 2 MORE BAYS ON PROPERTY (ORIGINALLY WAS APPROVED
FOR 8 BAYS, BUT WAS CUT BACK.
13. SIX (6) VACUUMS LOCATED ON THREE (3) VACUUM ISLANDS,
14. TWO (2) REAR LOADING ROWE BILL CHANGERS.
Table of Contents
Property Details
Photos
Local Map
Aerial Map
Marketing Analytics
Offering Summary
Underwriting Analysis
Income Expense
Rent Roll
Market Overview
Demographics
Sales Comps
Contact
Confidentiality Disclaimer
Boardwalk Commercial Real Estate (Real Estate Broker) has information contained in
such documents that will not be passed under any circumstances to another intermediary
or broker or trader or any other company or private person who is not an end buyer
without specific written consent of Boardwalk CRE is generating the information herein.
NOT TO CIRCUMVENT
The parties hereby legally, wholly and irrevocably bind themselves and guarantee to one
another that they shall not directly or indirectly interfere with, circumvent or attempt to
circumvent, avoid, bypass or obviate each other’s’ interest, or the interest or relationship
between the parties, by means of any procedures, sellers, buyers, consultants, dealers,
distributors, financial instructions, or other actions whatsoever for the purpose of
changing, increasing or avoiding, directly or indirectly, payments of established or to-be
established fees, commissions, or other continuance of pre-established relationships, or to
intervene in un-contracted relationships with intermediaries, entrepreneurs, legal counsel,
or to initiate any buy/sell or any transactional relationship that bypasses one of the parties
in favor of another individual or entity, in connection with the subject transaction or
project or any related future transaction or project.
NOT TO DISCLOSE / CONFIDENTIALITY
The parties shall use all reasonable efforts to protect the information given to it pursuant
to this and to keep it confidential, using a standard of care no less than the degree of care
that the party would be reasonably expected to employ for his own similar confidential
information. Parties may disclose the information only to those persons who have a need
to know the information. Prior to disclosing the information to employees, independent
contractors, or necessary third parties, the party shall issue appropriate instructions to
them to satisfy its obligations herein and obtain their agreement to receive and use the
information on a confidential basis on the same conditions as contained.
Property Report
Property Address 2630 W Lake St
City/State Hanover Park, IL
Price $350,000
Building SF 2,900
Lot Size SF 29,621
Year built 1994
Construction Masonry
Zoning B-1
Number of Stories 1
Investment Overview Property Details
Visit our website at:
www.boardwalkcre.com The information contained herein has been secured by sources believed to be reliable. Boardwalk CRE however makes no
representation or warranty, expressed or implied as to the accuracy of the information. Buyer assumes all risks any inaccuracies.
Marketing & Analytics
Real-time Market Data
We offer comprehensive and research-driven, real-time market data using our current
database of assets, buyers and sellers, and pricing information. Our real estate marketing
statistics, listings and inventory data generates up-to-date comps in the Chicago-land
market.
Reporting and Analytics
Boardwalk CRE is experienced in marketing analytics and reporting tools to provide
evaluations and clear understanding of the property through powerful offering
memorandums and marketing presentations.
Lead Generation
Boardwalk CRE has proven experience in the planning and execution online marketing
campaigns to boost visibility and successfully generate real estate leads.
A Comprehensive Marketing Strategy
Our powerful internal marketing system includes MRED for Property Detail reports,
CoStar, Loopnet along with direct mail and email campaigns. We create a real estate
marketing plan that will achieve more results thru our website, social media platforms
and specialized applications.
Web-based Strategies
Boardwalk CRE has over 25 years’ experience in commercial real estate. Through our
powerful database and custom series of web-based tools, we have automated applications
designed to produce full offering memorandums in high-quality professional formats.
We use our social media reach to increase campaign success.
Personal Touch
We believe in the personal touch as real estate is still a people business. Our clients'
concerns and their achievement of goals is our top priority. We are ready to sit down
with our client, have coffee and analyze their property in detail.
Plat Map 1
Plat Map 2
Demographics
Visit our website at:
www.boardwalkcre.com
Offer Submission
All tours and site visits are to be arranged exclusively thru Boardwalk CRE.
Do not contact owner or tenants without scheduling a visit.
All offers shall be submitted to a Broker representing Boardwalk CRE in the
form of a Letter of Intent that includes the following:
• Purchase price: Specify All-cash or Financing contingency
• Capital structure: Capital structure for investment
• Contingencies: Specific due diligence items required to close
• Deposit: Earnest Money timeframe and when becomes non-refundable
• Due diligence: Timeframe for days required to complete
• Closing: Closing Date
Bob Petrich
Boardwalk Commercial Real Estate
BoardwalkCRE.com
708-917-3333