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27241 BURBANKF O O T H I L L R A N C H , C A L I F O R N I A
Industrial Single Tenant Net Leased Investment South Orange County
27241 BURBANK Foothill Ranch, California
Investment Summary
Purchase Price: $2,895,000
Approximate Building Size: 9,866 SF
Monthly Lease Rate: $1.10 NNN
NOI: $130,236.00
Cap Rate: 4.5%
Term: 4 Years
PROPERTY DETAILS
ADDRESS 27241 Burbank
CITY Foothill Ranch
STATE California
ZIP 92610
BUILDING TYPE Industrial
YEAR BUILT 1996
STORIES Two
LAND SIZE 0.94 Acres
BUILDING SIZE 9,866 SF
FOUNDATION Poured concrete slabs on grade
ROOF Flat with rolled composition roofing
CLEAR HEIGHT ±20’
FLOORING Largely carpet, some vinyl tile and ceramic tile
LIGHTING Recessed florescent fixtures
RESTROOMS Four
FIRE SPRINKLERS Fully Sprinklered
ELECTRICAL SERVICE 600 AMP, 3-phase, 277/480 volt
PARKING 30 surface spaces
SITE PLAN
BURBANK
LAKE
FO
REST
DR
Lake Forest Drive
Alter
Bake Parkway
Pauling
Burbank
Portola Parkway
27241B U R B A N K
Secured Yard Area
GL GL
FLOOR PLANS
1ST FLOOR 2ND FLOOR
First Floor Second Floor
Patio
AERIAL
Alter
Bake Parkway
Burbank
Portola Parkway
Lake Forest Drive
Alton Parkway
Towne Centre
Commercentre
Pauling
27241B U R B A N K
OAK CREEK GOLF CLUB
QUAIL HILLPRESERVE
SHADY CANYONGOLF CLUB
IRVINESPECTRUM
TOLEDO WAY
ALTON PKWY
ALTON PKWY
BARRANCA PKWY
BARRANCA PKWY MU
IRLANDS BLVD
UNIVERSITY DR
jE
FFREY
RD
SHADY CANYON DR
SHAD
Y CAN
YON D
R
SAN D
CANYON A
VE
IRVINE CENTER DR
IRVINE CENTER DR
IRVINE CENTER DR
LAG
UNA
CANY
ON RD
LAKE FOREST DR
ROCKFIELD BLVD
jERONIMO
RIDGE RTE DR
RESEARCH DR
TECHNOLOGY DR
QUAIL HILL PKWY
CULV
ER DR
E YALE LOOP
W YALE LOOP
MICHELSON DR
TURTLE ROCK D R
TURTLE ROCK DR
RIDGELINE DR
LA
KE FO
REST
DR
BAKE PKWY
PORTOLA PKWY
GLENN RANCH
LOS
ALIS
OS B
LVD
DIM
E NS I ON
RANCHO PKWY
alton pkwy
EL TORO ROAD
MARG
UERI
TE P
KWY
PAULI NG ELLIPSE
TOWNE CENTRE
IRVINE BLVD
TRABUCO ROAD
LAKE FOREST
FOOTHILL RANCH
MISSION VIEjO
CO
MM
ERCENTRE
ARCTIC OCEAN
CRESCENT BAY
123
456
7
8
25
910
11
1213
14
15
16
17
19
2120
1824
2223
1
2
3
4
5
7
6
1
23
4
6
2
3
45
1
1
2
1
28
26
27
3029
49
3134 32
3635
3338
4039
374244
43
41
48
45
47 46
53
50
5456
51
5255
6063
59
61
5758
62
6466
65
67
71
69
706873
72
7
8
5
6
9
10
1112
13
14
15
8
9
7 6
5
3
4
10
11
6
2
4
5
3
12
7
11
12
10
13
8
9
6
7
1415
747675
77
7981
80
78
82
27241B U R B A N K
AREA AMENITIES
1. Starbucks2. Wahoo’s Fish Tacos3. Urban Grill & Wine Bar4. Round Table Pizza5. Thai Garden6. El Pollo Loco7. Quiznos8. Los Primos Mexican Food9. Mustard Cafe10. The Flame Broiler11. California Fish Grill12. Jersey Mike’s13. Coffee Bean & Tea Leaf14. Chili’s15. Subway16. Chick-fil-A17. Islands Fine Burgers & Drinks18. Souplantation19. Rubio’s Baja Grill20. Togo’s21. Daphne’s California Greek22. Outback Steakhouse23. In-N-Out Burger24. Chipotle25. Baja Fresh26. Thai Corner27. Rachel’s Cocina28. La Cocina de Ricardo29. The Rush Bar & Grill30. Luna Grill31. The Habit Burger32. Daphne’s California Greek33. Bru Grill34. Scarantino’s Sports Bar/Grill35. Kings Fish House36. Kula Sushi37. Rubio’s
38. Olive Garden39. Avila’s El Ranchito40. Biagio’s Italian41. Spice Thai Cuisine42. Bhan Baitong Thai43. Tutto Famiglia44. Nory’s Restaurant45. Aqua Restaurant46. Tasty Thai47. Peppino’s Italian48. Wow Bento49. Baja Fish Tacos50. Pita Pita60. Cucina Enoteca61. Wood Ranch BBQ62. Luna Grill63. Umami Burger64. Kabuki Japanese65. Specialty’s Cafe66. Spectrum Grill Cafe67. All The Perks68. McDonalds69. KFC70. Jimmy Johns71. Starbucks72. Hikari Poki73. Cicero’s Pizzeria74. Jin Japanese75. Subway76. Sushi77. El Polo Loco78. Starbucks79. Skewers80. Jimmy Johns81. Cileros Pizzeria82. Hikari
DINING HOTELS
ENTERTAINMENT
1. Regal Cinemas2. Modjeska Playhouse3. Creative Kids Playhouse4. Laguna Hills Cinemas5. Musical Theater Village6. Edwards Cinemas Spectrum7. Improv Comedy Club
1. Courtyard Marriott2. Hampton Inn3. Hilton Garden Inn4. Extended Stay America5. Best Western Spectrum6. Courtyard Spectrum7. Double Tree Hilton8. Residence Inn Irvine9. Candlewood Suites10. Quality Inn11. Holiday Inn Spectrum12. Courtyard Laguna Hills13. Comfort Inn Spectrum14. Staybridge Suites Irvine15. The Prominence
SERVICE/RETAIL
BANKS
FITNESS
1. Comerica Bank2. Wells Fargo Bank3. Chase Bank4. Bank of the West4. Bank of America5. Union Bank6. Orange County Credit Union7. Wells Fargo8. Chase Bank9. RoboBank10. Citibank11. Wells Fargo12. Bank of America13. US Bank14. Farmers & Merchants15. NuVision Credit Union
1. 24 Hour Fitness2. LA Fitness3. Crunch Lake Forest4. Cross Fit Forest5. Trim Fitness6. New Wave Fitness7. Hard Core Fitness8. California Home Fitness9. Cross Fit Arc10. Curves11. Fitness Comes First12. 24 Hour Fitness
1. Home Depot2. Home Depot3. Home Depot4. Target5. Target6. WalMart7. WalMart
INVESTMENT ANALYSIS
INVESTMENT VALUATION
Building SF ±9,866
Monthly Income $10,853
Rate PSF $1.10 NNN
NOI $130,236
CAP RATE 4.50%
NOI $130,236
Purchase Price $2,894,133
Price PSF $293.34
Assumption: This analysis assumes lease in place at $1.10/SF NNN. The lease term shall commence at the close of escrow and terminate four (4) years later, with 3% annual increases and a three (3) year option to extend at the then Fair Market Value.
3501 Jamboree Rd., Ste 100 | Newport Beach, CA 92660
www.cbre.com
© 2016 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Newport Beach / 27241 Burbank Investment Brochure
27241B U R B A N KFOOTHILL RANCH • CALIFORNIA
EXCLUSIVE AGENTS:
JEFF CARR+1 949 725 8631
Lic. [email protected]
TYLER HALY+1 949 725 8632
Lic. [email protected]
