yur uces - loopnet › d2 › jt_ynxe1fpnucbmtkh8...reresetati, eress r iie, is ae as t the citi the...

YOUR SUCCESS, OUR PASSIONBryce MacDonald / Senior Director / [email protected] / +1 916 288 4806

©2019 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be reliable but has not been verified. NO WARRANTY OR REPRESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTIMATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE.

400 Capitol Mall, Suite 1800Sacramento, CA 95814

COMMERCIAL AUTO REPAIR FACILITY±6,128 SF BUILDING ON ±1.86 ACRE

5914 & 5916 AUBURN BLVDCITRUS HEIGHTS, CA 95621

FOR SALE

(2018)




HIGHLIGHTS• Site is located in close proximity to

established residential and commercial areas.

• Freestanding, high identity building facing Auburn Blvd.

• Twelve (12) drive-in bays• Easy access to I-80• 1-acre of fenced and paved parking area

BUILDING±6,128 SF

LOT SIZE±1.86 acres (2 parcels)

ZONINGGeneral Commercial (GC)

YEAR BUILT1984

PRICE$2,500,000


NEIGHBORHOOD DEMOGRAPHICSPopulation Median Household

IncomePopulation Growth

(2019-2024)

1 Mile 20,269 $50,755 0.70%

3 Miles 146,404 $55,933 0.67%

5 MIles 309,641 $60,414 0.67%

AUBURN BLVD

PRO

PER

TY

DES

CR

IPTI

ON

FOR SALE

https://planning.saccounty.net/LandUseRegulationDocuments/Pages/Sacramento%20County%20Zoning%20Code.aspx





10/8/2019 Tax Map - myFirstAm

https://www.myfirstam.com/Polygon/MapSearch 2/3

Limitation of Liability for Informational ReportIMPORTANT – READ CAREFULLY: THIS REPORT IS NOT AN INSURED PRODUCT OR SERVICE OR A REPRESENTATION OF THE CONDITION OF TITLE TO REAL PROPERTY. IT IS NOTAN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT OR PRELIMINARY REPORT, OR ANY FORM OF TITLE INSURANCE OR GUARANTY. THIS REPORTIS ISSUED EXCLUSIVELY FOR THE BENEFIT OF THE APPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BY ANY OTHER PERSON. THIS REPORT MAY NOT BEREPRODUCED IN ANY MANNER WITHOUT FIRST AMERICAN’S PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT OR WARRANT THAT THE INFORMATION HEREINIS COMPLETE OR FREE FROM ERROR, AND THE INFORMATION HEREIN IS PROVIDED WITHOUT ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIALPART OF THE CONSIDERATION GIVEN IN EXCHANGE FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICAN’S SOLE LIABILITY FOR ANY LOSS OR

COMMERCIAL AUTO REPAIR FACILITY±6,128 SF BUILDING ON ±1.86 ACRE

SacramentoIntl. Airport

McClellan

Orangevale

Carmichael

NorthHighlands

RanchoCordova

WestSacramento

Sacramento

SALE PRICE: $2,500,000

FOR SALE

SBA 504 Loan Scenario5914 Auburn Blvd Scenario as of: 10/10/2019

Own the Business? Own the Building.

Purchase Price $2,500,000 5914 Auburn Blvd. Citrus heights, CA 95621

Improvements $0 Building Size 6,128 sf

Other $0

Total Project Costs $2,500,000 Price per Sq. Ft. $407.96 psf

For Property Information:

Bryce MacDonald

Ph: 916.288.48.06

[email protected]

Financing Package Amount Rate Term Amort Monthly Pymt

Bank 1st Mortgage 50% 1,250,000$ 4.25% 25 Yrs 25 Yrs 6,772$

SBA 504 2nd Mortgage* 40% 1,029,000$ 3.53% 25 Yrs 25 Yrs 5,168$

Down Payment 10% 250,000$

3.92% $1.95 PSF 11,940$

PSF Monthly PSF Monthly

Mortgage Payments $1.95 $11,940 Total Monthly Payment $1.95 $11,940

Less Depreciation ($0.70) -$4,274

Total Monthly Payment $1.95 PSF $11,940 Total Adjusted Monthly Payment $1.25 PSF $7,666

Cash Down Payment 10.0% $250,000

Estimated Bank Fees 1.0% $12,500

Total Cash Required $262,500

Assumptions:

The following assumptions were made in the preparation of this sample. Please let us know if there are specific values you'd like to see.

● Bank rate, terms and fees are estimated and vary depending on lender. ● Operating costs, title and insurance are estimates.

● All fees and expenses are estimated and will vary by vendor.

For more information contact us:

Your SBA 504 Loan Experts

Jim Azevedo

TMC Financing

SVP, Business Development

916.873.5141

[email protected]

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

● Equity is based on a 2.0% annual appreciation rate.

*Includes financed SBA fee of $29,000

● Depreciation is estimated at an 80% bracket over 39 years.

● SBA Fee is estimated at 2.65% plus a $2,500 legal fee. All SBA fees are

financed in the 504 loan.

90% SBA 504 Financing Example

Monthly Costs Adjusted Monthly Costs

Out of Pocket Expenses Invest in Your Future: Equity Over First 10 Years

● SBA rate is as of Oct '19. Actual rate is set at debenture sale.

$0

$500,000

$1,000,000

$1,500,000

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

EQUITY

SBA 504 Loan Scenario5914 Auburn Blvd Scenario as of: 10/10/2019

Own the Business? Own the Building.

Purchase Price $2,500,000 5914 Auburn Blvd. Citrus heights, CA 95621

Improvements $0 Building Size 6,128 sf

Other $0

Total Project Costs $2,500,000 Price per Sq. Ft. $407.96 psf

For Property Information:

Bryce MacDonald

Ph: 916.288.48.06

[email protected]

Financing Package Amount Rate Term Amort Monthly Pymt

Bank 1st Mortgage 50% 1,250,000$ 4.25% 25 Yrs 25 Yrs 6,772$

SBA 504 2nd Mortgage* 35% 901,000$ 3.53% 25 Yrs 25 Yrs 4,525$

Down Payment 15% 375,000$

3.95% $1.84 PSF 11,297$

PSF Monthly PSF Monthly

Mortgage Payments $1.84 $11,297 Total Monthly Payment $1.84 $11,297

Less Depreciation ($0.70) -$4,274

Total Monthly Payment $1.84 PSF $11,297 Total Adjusted Monthly Payment $1.15 PSF $7,023

Cash Down Payment 15.0% $375,000

Estimated Bank Fees 1.0% $12,500

Total Cash Required $387,500

Assumptions:

The following assumptions were made in the preparation of this sample. Please let us know if there are specific values you'd like to see.

● Bank rate, terms and fees are estimated and vary depending on lender. ● Operating costs, title and insurance are estimates.

● All fees and expenses are estimated and will vary by vendor.

For more information contact us:

Your SBA 504 Loan Experts

Jim Azevedo

TMC Financing

SVP, Business Development

916.873.5141

[email protected]

85% SBA 504 Financing Example

Monthly Costs Adjusted Monthly Costs

Out of Pocket Expenses Invest in Your Future: Equity Over First 10 Years

● SBA rate is as of Oct '19. Actual rate is set at debenture sale.

● 85% LTV financing generally does not require additional collateral.

● Equity is based on a 2.0% annual appreciation rate.

*Includes financed SBA fee of $26,000

● Depreciation is estimated at an 80% bracket over 39 years.

● SBA Fee is estimated at 2.65% plus a $2,500 legal fee. All SBA fees are

financed in the 504 loan.

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029

EQUITY