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OFFERING MEMORANDUM
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
TABLE OF CONTENTS
Location• Aerials & Maps• Parcel Map•
Market
Financials
• Area Information• Demographics• Sale Comparables
• Rent Roll & Pricing• Property Tax Bill
Property• Property Summary• Images• Floor Plans
Exclusive Agent• Jeff Carr
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
property
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
BUILDING DETAILS
BUILDING AREA: ±14,037 Square Feet
OFFICE AREA: 100% Office, Two-Story
PARKING: ±4:1,000 Ratio
YEAR BUILT: 2001
CONSTRUCTION: Concrete Tilt-Up
ELEVATOR: Yes
SHOWERS: Yes
BUILDING HIGH-LIGHTS:
Free-standing divisible building, full kitchen, newly refurbished, frontage on Aliso Creek Road
propertySUMMARY
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
firstFLOOR
secondFLOOR
DnStai
r
SeatingArea
Dn
Mens
Womens
Elev.
Stair
Shower
Elev.Lobby
Exist’gBalcony
location
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
aerials &MAPS
Aliso Creek Road
Aliso Viejo Parkway
Pacific Park
Moulton Parkway
Alis
o Cr
eek
Road
Aliso Viejo Parkway
APN:634-301-03
financials
A L I S O V I E J O ,
C A L I F O R N I A
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CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
rentROLL & PRICING
Suite ID Occupant Name Rent CurrentExpiration
DateGLA SqFt
Monthly Base Rent
Annual Rate PSF
Date Monthly Amount PSF
Occupied Suites
2490 A Emerald Bay 10/1/2018 9/30/2021 1,815 $2,974.95 19.67 10/1/2018 $2,974.95 $19.6710/1/2019 $3,064.20 $20.2610/1/2020 $3,156.12 $20.87
2490 B Harcourts Pacific, LLC 10/1/2018 9/30/2020 5,265 $8,629.81 19.67 10/1/2018 $8,629.81 $19.6710/1/2019 $8,888.71 $20.26
2490 D Tom Gorski Insurance Agency 10/1/2018 9/30/2020 1,450 $2,376.68 19.67 10/1/2018 $2,376.68 $19.6710/1/2019 $2,447.98 $20.26
2490 E Taylor Escrow 10/1/2018 9/30/2019 1,537 $2,519.28 19.67 10/1/2018 $2,519.28 $19.67
2490 F Preferred Group Properties 10/1/2018 9/30/2020 3,970 $6,507.19 19.67 10/1/2018 $6,507.19 $19.6710/1/2019 $6,702.40 $20.26
Monthly Totals: Occupied Sqft: 100.00% 5 Units 14,037Unoccupied Sqft: 0 Units 0Vacant Sqft: 0 Units 0Total Sqft: 0 Units 14,037 $23,007.91
Annual NOI: $276,095.00CAP Rate:Asking Price:
6.10%$4,562,025
PSF: $325.00
Rent Roll27372 Aliso Creek Road
Aliso Viejo, CA 92656
Future Rent Increases
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
propertyTAX BILL
market
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
Aliso ViejoAREA INFORMATIONWith award-winning schools, attractive neighborhoods, and fabulous shopping, dining and entertainment, Aliso Viejo is certainly a popular place to live. The City, which is continually ranked one of the safest cities in the nation, boasts rolling hillside, valley terrain and picturesque views of mountains, streams, parks and city lights.
This South County city became Orange County’s 34th city when it incorporated on July 1, 2001 due to the efforts of the Aliso Viejo Cityhood 2000 Committee, which was responsible for introducing an initiative on the ballot for the 2001 special election. Voters passed the initiative with 93.3% in favor of incorporation.
The City of Aliso Viejo is a master planned community that was developed to contain a balance between residential neighborhoods, community parks, facilities and schools as well as an appropriate mix of business, office and retail uses. The City is home to the headquarters of several large corporations and the community features ample employment opportunities and extensive recreational facilities. The City also enjoys access to the Orange County trail system. Wood Canyon Wilderness Park is home to many rare and endangered plants and animals, along with mature oaks, sycamore and elderberry trees and year-round streams. An abundance of parks and trails, cultural and recreational activities and youth sports programs further enhance the quality of life for a community with a vision to ensure long-term viability.
The City continues to be ranked among the best places in the nation to live and raise a family and the community mirrors Aliso Viejo’s tagline: “Live Life Inspired.”
The community name derives from Spanish for “old alder” or “old sycamore.”
Aliso Viejo was originally part of the 22,000-acre Moulton Ranch. In the 1890s, the Moulton family took ownership of land the Mexican government originally granted to Juan Avila in 1842. In 1976, Mission Viejo Company purchased the last 6,600 acres for a new master-planned community. The ultimate vision for Aliso Viejo was to feature neighborhoods that mix homes, workplaces, stores and services. A transit-friendly, energy-conscious and land-conserving community, Aliso Viejo was to foster a sense of community by creating a friendlier streetscape, quality infrastructure like parks, schools and new roads, shopping close to home, community services and neighbors that genuinely feel connected to the community and to one another in some fashion.
The county approved the master plan for the community in 1979 – and by March of 1982 – the first residential units were offered for sale. About eight months later, the first residents arrived. Shea Properties purchased the Mission Viejo Company in 1997.
In February of 1995, the Self-Governance Subcommittee of Governmental Affairs, an offshoot of the Aliso Viejo Community Association (AVCA), which was the first community-wide property owner’s association of its kind in the state, began its push to make Aliso Viejo a city. Two years later, Aliso Viejo Cityhood 2000 was born. In March of 1999, Aliso Viejo Cityhood 2000 launched a petition drive to put the question of cityhood to a community vote. On March 6, 2001, voters (more than 90 percent) overwhelmingly decided to make Aliso Viejo a city.
Foothill Ranch
Irvine Spectrum
Laguna Hills
Laguna Niguel
Lake Forest
Mission Viejo
San Clemente
San Juan Capistrano
Rancho Santa Margarita
Aliso Viejo
Tustin
Irvine
Costa Mesa
CBRE | OFFERING MEMORANDUM 27372 ALISO CREEK ROAD
• Total Population | 50,756 people
• Growth Rate 2010-2017 | 6.13%
• Median Age | 36.9
• Average Household Income | $127,275
• Median Home Price | $612,579
aliso viejoDEMOGRAPHICFACTORS
top employers inALISO VIEJO
TOP POSITIONS BY SECTOR
technology
22%logistics
20%insurance
16%hotel
services
5%food &
beverage
4%institution
13%business services
4%
proximity toEMPLOYMENT
TOP
EMPL
OY
ERS
so
uth
ora
ng
e co
un
ty
Foothill Ranch22 Minutes Rush-Hour CommuteIrvine Spectrum
13 Minutes Rush-Hour Commute
Laguna Hills9 Minutes Rush-Hour Commute
Laguna Niguel8 Minutes Rush-Hour Commute
Lake Forest16 Minutes Rush-Hour Commute
Mission Viejo13 Minutes Rush-Hour Commute
San Clemente18 Minutes Rush-Hour Commute
San Juan Capistrano12 Minutes Rush-Hour Commute
Rancho Santa Margarita20 Minutes Rush-Hour Commute
Merit Property Management 199 Aliso Viejo
City of San Clemente 197 San Clemente
Saddleback Valley USD 180 Laguna Hills
Quantum Fuel Systems 180 Lake Forest
PADI 180 Rancho Santa Margarita
Santa Margarita Catholic High School175 Rancho Santa Margarita
Albertsons 170 Laguna Niguel
Memorial Care Home Health 162 Laguna Hills
Ossur Americas 160 Lake Forest
Brookdale San Juan Capistrano 159 San Juan Capistrano
BJ's Restaurant & Brewhouse 150 Laguna Hills
Target 150 San Clemente
USPS 150 San Clemente
Car Sound Exhaust System 150 Rancho Santa Margarita
Lowe's Home Improvement 147 San Clemente
JC Penney 145 Laguna Hills
Junipero Serra Catholic High School 145 San Juan Capistrano
Color Spot Nurseries 135 San Juan Capistrano
UCI 20,386 Irvine
Saddleback College 3,033 Mission Viejo
Edwards Lifesciences 2,987 Irvine
Irvine Unified School District 2,749 Irvine
Blizzard Entertainment 2,622 Irvine
Mission Hospital Regional Medical 2,200 Mission Viejo
Panasonic Avionics 2,122 Lake Forest
Oakley 1,987 Lake Forest
Broadcom 1,900 Irvine
Loan Depot 1,890 Lake Forest
Saddleback Memorial Medical 1,707 Laguna Hills
Parker Hannifin 1,700 Irvine
Nationstar Mortgage 1,556 Irvine
Glidewell Labs 1,538 Irvine
24 Hour Fitness 1,426 Irvine
Thales Avionics 1,424 Irvine
Applied Medical 1,304 Rancho Santa Margarita
Saddleback Unified School District 1,200 Mission Viejo
UPS 1,000 Aliso Viejo
O'Connell Landscape 980 Rancho Santa Margarita
Capistrano Unified School District 814 San Clemente
Pacific Life 811 Aliso Viejo
Capistrano Unified School District 691 Mission Viejo
Capistrano Unified School District 679 Aliso Viejo
Fluor 630 Aliso Viejo
Saddleback Valley School District 606 Rancho Santa Margarita
Quest Software 600 Aliso Viejo
Lucas & Mercier Construction 553 Rancho Santa Margarita
Schnieder Electric 550 Lake Forest
Costco 525 Laguna Niguel
Capistrano Unified School District 509 Laguna Niguel
Qlogic 490 Aliso Viejo
Spectrum Brands HHI 474 Lake Forest
Bal Seal Engineering 447 Lake Forest
St. Margaret's of Scotland School 429 San Juan Capistrano
Nordstrom 409 Mission Viejo
Life Time Fitness 332 Laguna Niguel
Macy's 320 Mission Viejo
Alcon Research 315 Lake Forest
Wal-Mart 315 Lake Forest
Home Depot 307 Lake Forest
Apria Healthcare 307 Lake Forest
Target 300 Mission Viejo
Wal-Mart 294 Laguna Niguel
Costco 294 San Juan Capistrano
City of Mission Viejo 269 Mission Viejo
YMCA 262 Laguna Niguel
Fisherman's Restaurant 260 San Clemente
Renaissance 259 Aliso Viejo
Five Star-Villa Valencia 250 Laguna Hills
Dynacast 250 Lake Forest
Target 247 Rancho Santa Margarita
Laguna Hills Health and Rehab 245 Laguna Hills
Ralphs 243 San Clemente
Pepsi Beverage Company 215 Aliso Viejo
Mercedes Benz of Laguna Niguel 215 Laguna Niguel
Capistrano Unified School District 215 Rancho Santa Margarita
Vocational Visions 211 Mission Viejo
Whole Foods 210 Laguna Niguel
Smith Micro Software 200 Aliso Viejo
Home Depot 200 Laguna Niguel
Wal-Mart 200 San Clemente
Control Components Inc. 200 Rancho Santa Margarita
saleCOMPARABLES
8961 Research Drive, Irvine Spectrum9,900 SF | $363/SF
7/11/16
9950 Research Drive, Irvine Spectrum9,920 SF | $485/SF
7/7/17
27372 Calle Arroyo, San Juan Capistrano7,297 SF | $357/SF
3/9/17
16451 Scientific, Irvine Spectrum9,900 SF | $398/SF
2/6/17
9950 Research Drive, Irvine Spectrum9,920 SF | $425/SF
1/10/17
27412 Aliso Creek, Aliso Viejo12,581 SF | $349/SF
7/8/16
10 Truman, Irvine5,219 SF | $475/SF
9/12/16
5440 Trabuco Road, Irvine12,000 SF | $370/SF
4/26/17
5
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7
6
1
2
8
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6
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exclusiveagent
A L I S O V I E J O ,
C A L I F O R N I A
27372A L I S O C R E E K R O A D
27372 ALISO CREEK ROAD
JEFF CARRSENIOR VICE PRESIDENTJeff Carr began his commercial real estate career in 1991 and was honored as “Rookie
of the Year.” Since then, he has received numerous regional and national awards for his
exemplary performance and achievements.
Since joining CBRE in 1994, Mr. Carr’s focus has been providing unparalleled service to
South Orange County tenants and owners. Mr. Carr has been responsible for 12 build-
to-suits, land sales in excess of 200 acres – and other lease or sale transactions totaling
over 15 million square feet.
exclusiveAGENT
HONORS AND AWARDS
5-time CBRE National Recognition
8-time winner, Top 10% - So. California Region
6-time winner, Top 10% - Newport Beach Office
10-time winner, Irvine Company Broker of the Year
EDUCATION
University of California, San Diego
Bachelor of Arts, Management Science
Affiliated Business Disclosure CBRE, Inc. operates within a global family of companies with many subsidiaries and related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates, including CBRE Global Investors, Inc. or Trammell Crow Company, may have or represent clients who have competing interests in the same transaction. For example, Affiliates or their clients may have or express an interest in the property described in this Memorandum (the “Property”), and may be the successful bidder for the Property. Your receipt of this Memorandum constitutes your acknowledgement of that possibility and your agreement that neither CBRE, Inc. nor any Affiliate has an obligation to disclose to you such Affiliates’ interest or involvement in the sale or purchase of the Property. In all instances, however, CBRE, Inc. and its Affiliates will act in the best interest of their respective client(s), at arms’ length, not in concert, or in a manner detrimental to any third party. CBRE, Inc. and its Affiliates will conduct their respective businesses in a manner consistent with the law and all fiduciary duties owed to their respective client(s).
Confidentiality Agreement Your receipt of this Memorandum constitutes your acknowledgement that (i) it is a confidential Memorandum solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property, (ii) you will hold it in the strictest confidence, (iii) you will not disclose it or its contents to any third party without the prior written authorization of the owner of the Property (“Owner”) or CBRE, Inc., and (iv) you will not use any part of this Memorandum in any manner detrimental to the Owner or CBRE, Inc.
If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return it to CBRE, Inc.
Disclaimer This Memorandum contains select information pertaining to the Property and the Owner, and does not purport to be all-inclusive or contain all or part of the information which prospective investors may require to evaluate a purchase of the Property. The information contained in this Memorandum has been obtained from sources believed to be reliable, but has not been verified for accuracy, completeness, or fitness for any particular purpose. All information is presented “as is” without representation or warranty of any kind. Such information includes estimates based on forward-looking assumptions relating to the general economy, market conditions, competition and other factors which are subject to uncertainty and may not represent the current or future performance of the Property. All references to acreages, square footages, and other measurements are approximations. This Memorandum describes certain documents, including leases and other materials, in summary form. These summaries may not be complete nor accurate descriptions of the full agreements referenced. Additional information and an opportunity to inspect the Property may be made available to qualified prospective purchasers. You are advised to independently verify the accuracy and completeness of all summaries and information contained herein, to consult with independent legal and financial advisors, and carefully investigate the economics of this transaction and Property’s suitability for your needs. ANY RELIANCE ON THE CONTENT OF THIS MEMORANDUM IS SOLELY AT YOUR OWN RISK.
The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions at any time with or without notice to you. All offers, counteroffers, and negotiations shall be non-binding and neither CBRE, Inc. nor the Owner shall have any legal commitment or obligation except as set forth in a fully executed, definitive purchase and sale agreement delivered by the Owner.
Copyright Notice © 2018 CBRE, Inc. All Rights Reserved
