Anaheim Industrial Building R&S-For [email protected] CA DRE# #01487226 All materials and information received or derived from KW Commercial its directors, officers,

KW COMMERCIAL

TOM GONZALEZDirector0: 714.441.8721C: [email protected] DRE# #01487226

Anaheim Industrial Building R&S-For Sale

OFFERING MEMORANDUM

PRESENTED BY:

ANAHEIM, CA

OFFERING MEMORANDUM

Each Office Independently Owned and Operated kwcommercial.com 2

KW COMMERCIAL

Confidentiality & Disclaimer

TOM GONZALEZDirector0: 714.441.8721C: [email protected] DRE# #01487226

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Anaheim Hills / Yorba Linda in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

ANAHEIM, CA

http://www.kwcommercial.com

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DESCRIPTION

PROPERTY DETAILS

ADDITIONAL PHOTOS

FLOOR_PLAN.PDF

1PROPERTY INFORMATIONANAHEIM INDUSTRIAL

OFFERING MEMORANDUM


OFFERING SUMMARY

SALE PRICE: $200.00 / SF

CAP RATE:2.84% Under Market. I

deal for an Owner User

NOI: $45,514

LOT SIZE: 19,780 SF

YEAR BUILT: 1957

BUILDING SIZE: 8,000 SF

ZONING:Industrial (General)

Building Class C

MARKET: Anaheim

PRICE / SF: $200.00

PROPERTY OVERVIEWTom Gonzalez from KW Commercial | G&S Group present an industrial buildingFor Sale. The building is situated in the City of Anaheim, proximity to the 5freeway, surrounded by multi-tenant industrial buildings. The property iscomprised of +/-8,000 square feet with a lot size of +/-19,780 SF. Currently, 4,000SF is leased to an automotive tenant and the remaining 4,000 SF maybe availablefor an owner user. Call us for an appointment.

PROPERTY HIGHLIGHTS• Industrial Building of approximately 8,000 SF

• 4,000 SF maybe available

• Ceiling Height 14-16 FT

• Ample Parking

• High Electrical Amperage

• Proximity to the 5 Freeway

• Surrounded by Multi-Tenant Industrial Building

Executive Summary

ANAHEIM INDUSTRIAL 1 | PROPERTY INFORMATION



PROPERTY OVERVIEW

Tom Gonzalez from KW Commercial | G&S Group present anindustrial building For Sale. The building is situated in the City ofAnaheim, proximity to the 5 freeway, surrounded by multi-tenantindustrial buildings. The property is comprised of +/-8,000 squarefeet with a lot size of +/-19,780 SF. Currently, 4,000 SF is leased toan automotive tenant and the remaining 4,000 SF may be availablefor an owner user. Call us for an appointment.

LOCATION OVERVIEW

Situated on a major avenue surrounded by a multi-tenant industrialarea.

Property Description




SALE PRICE $200.00 / SF

LOCATION INFORMATION

Building Name Anaheim Industrial

Street Address 1773 W. Lincoln Avenue

City, State, Zip Anaheim, CA 92801

County/Township Orange

Market Anaheim

Cross Streets Lincoln and Euclid

BUILDING INFORMATION

Building Size 8,000 SF

NOI $45,514

Cap Rate 2.84%

Price / SF $200.00

Year Built 1957

Occupancy % 100%

Tenancy Multiple

Load Factor Yes

PROPERTY DETAILS

Property Type Industrial

Property Subtype Manufacturing

Zoning Industrial (General)

Lot Size 19,780 SF

APN# 072-101*32

Property Details




Anaheim Industrial Building Suite R&S For Sale ommercial | G & S Group Caption 2

Caption 3 Caption 4

Caption 5 Caption 6

Additional Photos



ANAHEIM INDUSTRIAL WAREHOUSE FOR SALE

1773 West Lincoln Avenue, Anaheim California 92801 Building +/- 8,000 SF

Building R & S

For more information call

Tom Gonzalez, Director

714.726.3007

Lic. 1487226

| | | | | | | | | | |

RR

RR

OFFICE OFFICE

Storage

RR

RR

WAREHOUSE AREA

Entrance

+/-100 FT

+/-50 FT

SID

E YA

RD

/DR

IVEW

AY

180 N. Riverview Drive Suite 320,

Anaheim Hills California 92808

ANAHEIM | BREA | FULLERTON | LAGUNA NIGUEL

WAREHOUSE AREA

GL

Do

or

GL Door GL Door

+/-

14

0’

Fenced Yard Fenced Yard

PARKING AREA

Gate

ORANGE COUNTY ASSESSOR’S PARCEL MAP

APN # 072-101-32-LOT SIZE: 19,780

For more information call

Tom Gonzalez, Director

714.726.3007

Lic. 1487226

180 N. Riverview Drive Suite 320,

Anaheim Hills California 92808

ANAHEIM | BREA | FULLERTON | LAGUNA NIGUEL

ORANGE COUNTY ASSESSOR’S MAP APN# 072-101-32

LOCATION INFORMATION

2 | LOCATION INFORMATION

REGIONAL MAP

LOCATION MAPS

RETAILER MAP

2LOCATION INFORMATIONANAHEIM INDUSTRIAL

OFFERING MEMORANDUM


Anaheim Industrial

Regional Map

ANAHEIM INDUSTRIAL 2 | LOCATION INFORMATION



Location Maps




Aerial Map



FINANCIAL ANALYSIS

3 | FINANCIAL ANALYSIS

FINANCIAL SUMMARY

INCOME & EXPENSES

RENT ROLL

SALES_REPORT.PDF

DEMO.PDF

3FINANCIAL ANALYSISANAHEIM INDUSTRIAL

OFFERING MEMORANDUM


INVESTMENT OVERVIEW ANAHEIM INDUSTRIAL BUILDING R&S

Price $1,600,000

Price per SF $200.00

CAP Rate 2.8%

Cash-on-Cash Return (yr 1) 2.84 %

Total Return (yr 1) $45,514

Debt Coverage Ratio -

OPERATING DATA ANAHEIM INDUSTRIAL BUILDING R&S

Gross Scheduled Income $56,940

Other Income -

Total Scheduled Income $56,940

Vacancy Cost $0

Gross Income $56,940

Operating Expenses $11,425

Net Operating Income $45,514

Pre-Tax Cash Flow $45,514

FINANCING DATA ANAHEIM INDUSTRIAL BUILDING R&S

Down Payment $1,600,000

Loan Amount -

Debt Service -

Debt Service Monthly -

Principal Reduction (yr 1) -

Financial Summary

ANAHEIM INDUSTRIAL 3 | FINANCIAL ANALYSIS



INCOME SUMMARY ANAHEIM INDUSTRIAL BUILDING R&S

Gross Income $56,940

EXPENSE SUMMARY ANAHEIM INDUSTRIAL BUILDING R&S

Orange County Tax Collector $9,025Roof $1,200Electrical Panel $1,200

Gross Expenses $11,425

Net Operating Income $45,514

Income & Expenses




TENANT

NAME

UNIT

NUMBER

UNIT

SIZE (SF)

LEASE

START

LEASE

END

ANNUAL

RENT

% OF

BUILDING

PRICE

PER SF/YR

Automotive R 4,000 08/01/2016 08/01/2021 $28,200 50.0 $7.05

Med Equipment S 4,000 04/01/2019 $28,760 50.0 $7.19

Totals/Averages 8,000 $56,960 $7.12

Rent Roll



1773 W Lincoln Ave - Bldg R-S

PREPARED BY

Tom Gonzalez

Director

Sale Comps

8,000 SF Industrial Warehouse

Orange County Investment Trends1773 W Lincoln Ave - Bldg R-S

Sale Comparables

17Avg. Cap Rate

-Avg. Price/SF

$254Avg. Vacancy At Sale

13.1%SALE COMPARABLE LOCATIONS

SALE COMPARABLES SUMMARY STATISTICS

Sales Attributes Low Average Median High

Sale Price $1,000,000 $2,275,094 $1,500,000 $9,750,000

Price Per SF $167 $254 $213 $750

Cap Rate - - - -

Time Since Sale in Months 1.7 10.5 7.7 22.9

Property Attributes Low Average Median High

Building SF 4,000 8,958 8,050 15,040

Ceiling Height 10' 16'3" 16' 28'

Docks 0 3 0 44

Vacancy Rate At Sale 0% 13.1% 0% 100%

Year Built 1956 1972 1973 1991

Star Rating 1.6

2/20/2019Copyrighted report licensed to G&S Group – KW Commercial - 495457.

All information is based of CoStar Group Inc. Tom Gonzalez, Director of KWCommercial G&S Group.

Page 5


Property Name - Address Rating Yr Built Bldg SF Vacancy Price Price/SF

Property

Sale Date

Sale

Cap Rate

-1 114 S Lemon St1975 7,068 0% $1,500,000 $21212/31/2018 -

-2 1331 N East St1978 6,000 100% $1,434,000 $23912/28/2018 -

-3 Bldg 51991 4,700 0% $1,255,000 $267

750 E Debra Ln11/12/2018 -

-4 1040 E Lacy Ave1968 10,694 0% $2,663,000 $24910/30/2018 -

-5 1136-1138 Elm Ave1968 5,130 0% $1,300,000 $25310/24/2018 -

-6 1424 S Allec St1980 11,826 0% $2,580,000 $21810/24/2018 -

-7 8551 Whitaker St1963 4,000 0% $1,000,000 $2508/16/2018 -

-8 1552-1556 W Embassy St1970 14,000 100% $2,975,000 $2137/31/2018 -

-9 620 E Walnut Ave1956 9,600 0% $1,700,000 $1777/2/2018 -

-10 220 S Loara St1964 15,040 0% $3,058,000 $2033/12/2018 -

-11 Abf Freight1983 13,000 0% $9,750,000 $750

201 E La Palma Ave1/26/2018 -

-12 865 S East St1978 4,405 0% $1,070,000 $2431/18/2018 -

-13 1829 W Commonwealth…1962 8,050 0% $1,489,500 $1859/11/2017 -

-1 114 S Lemon St1975 7,068 0% $1,358,100 $1927/12/2017 -

-14 1111-1115 E Kimberly Ave- 11,707 0% $1,952,000 $1675/24/2017 -

-15 Bldg U-V1957 8,000 0% $1,372,000 $172

1773 W Lincoln Ave5/5/2017 -

-16 162-164 E Liberty Ave1976 12,000 0% $2,220,000 $1853/24/2017 -



Page 6

http://gateway.costar.com/Gateway/Redir/RedirectToProduct.aspx?productId=PPW&redirUrl=%2Fredir%2Fdefault.aspx%3Feid%3D7597271%26ProductMode%3DProperty%26SelectedTab%3Dsale%26external%3D1


















ANAHEIM INVESTMENT TRENDS

With the largest industrial inventory in Orange County,Anaheim is among the heaviest traded submarkets in themetro, and both local and institutional money are active.A recent notable trade in the submarket was the sale ofthe 208,000-SF warehouse at 1256 N Magnolia Ave. inSeptember for $36 million ($173/SF). The 4 Star propertywas fully occupied at the time of sale by two tenants withleases ending in 2019. New owners Goodman NorthAmerica plan on making improvements to the propertyonce the current tenants move out and then put theproperty back on the market.

In August 2017, the 300,000-SF facility at AnaheimConcourse occupied by Kuehne + Nagel sold for $56.6million ($189/SF). (That property was also included inPrologis' acquisition of DCT Industrial Trust in 2018.) Andin May 2018, in what pushed pricing to new highs for big

sheds, 1730 S Anaheim Way sold for $230/SF at a 3.7%cap rate. The building delivered two months earlier with a10-year deal in place with Rosendin Electric.

The sale of 901 East South St. in January 2017 standsout because it’s the site of another of Anaheim’sredevelopment projects. Shopoff Realty acquired this300,000-plus-SF facility along with a smaller one for$38 million ($109/SF), with the intention of converting the20-acre site into a multifamily development. The selleroccupied the building and signed a short-term leasebackwhile Shopoff lined up entitlements and approvals for theproject. Shopoff sold off 15 acres of the project in July2018 in the aforementioned deal with Hearthstone, Incfor $38 million so it could build more than 200 detachedhomes, with the five-acre balance entitled for more than300 apartments.

SALES VOLUME & MARKET SALE PRICE PER SF



Page 7


ORANGE COUNTY INVESTMENT TRENDS

Investors continue to target Orange County, and marketcap rates have settled near 5.5%: less, on average, thanreturns in the office sector and a bit higher than forapartments. With so little sizable inventory, mostindustrial transactions are for properties below 50,000 SFand trade for prices well above the national average.

Volume in 2018 was up compared to 2017, showingcontinued enthusiasm for the metro. The sale of theBeckman Coulter Campus to Hines in Brea for $115million in June helped pad the first half numbers. Severalother facilities have sold for north of $40 million in 2018,including 901 E South St. in Anaheim. The 300,000-plus-SF industrial facility on 15 acres sold for $48 millionin July, after trading in 2017 for $38 million. TRI PointeHomes purchased it from Shopoff Group to build morethan 200 detached homes. A balance of five acres fromthe original purchase in 2017 entitled for 300 apartments

was not included in the deal. The largest deal to takeplace in 2018 was the sale-leaseback of a multi-stateAlbertson's distribution center portfolio in December. InOrange County, the-1.2 million-SF facility at 200 NPuente Street in Brea sold for $201 million ($162/SF).

The trend to convert industrial space to residential spacewas also seen in the sales of 2152 Alton Parkway and2182 Alton Parkway in November. The 2152 Alton soldfor $28.6 million, and 2182 Alton sold for a little less than$19.1 million; however, new owners KB Home andAlliance Residential plan to build 93 townhome and 264apartment units on the 5.3-acre lot. This project hasalready been approved and is the last residential projectto pass under the 2018 cap for the City of Irvine. Irvinealso saw at least three other industrial assets trade in2018 with future plans of redevelopment already in theworks.

SALES VOLUME & MARKET SALE PRICE PER SF



Page 8

Sale Comps Details1773 W Lincoln Ave - Bldg R-S

1 114 S Lemon StDistance to Subject Property: 2.9 Miles

SALE

Sale Date: 12/31/2018

Sale Price: $1,500,000

Price/SF: $212

PROPERTY

Type: Warehouse

Year Built/Re… 1975

RBA: 7,068 SF

Docks: None

Vacancy At S… 0%

Cranes: None

Parking: 10 free Surface Spaces…

SALE TERMS

Financing: 1st Mortgage Bal/P…

CONTACTS

Buyer: Deelite Distribution Llc

Seller: Mayel Meer T

2 1331 N East StDistance to Subject Property: 2.6 Miles

SALE

Sale Type: Owner/User

Sale Date: 12/28/2018

Time On Mar… 113 Days


Price/SF: $239

PROPERTY

Type: Warehouse


RBA: 6,000 SF

Ceiling Height: 16'-18'

Docks: None

Vacancy At S… 100%

Cranes: None

Rail Served: None


SALE TERMS


CONTACTS

Buyer: JDM HypeBeast LLC

Seller: Kosakura Family Trust

Buyer Broker: Associated Commercial…

Listing Broker: Associated Commercial…



Page 9




3 750 E Debra Ln - Bldg 5Distance to Subject Property: 2.9 Miles

PROPERTY

Type: Warehouse


RBA: 4,700 SF

Ceiling Height: 16'

Docks: None

Power: 400a

Vacancy At S… 0%

Parking: 5 free Surface Spaces a…

SALE


Sale Date: 11/12/2018



Price/SF: $267

CONTACTS

Buyer: Eva Zhong Huo

Seller: CBC Machine Co.

Buyer Broker: Voit Real Estate Servic…

Listing Broker: Voit Real Estate Servic…

SALE TERMS

Financing: 1st Mortgage: Unite…

TRANSACTION NOTES

This is the sale of an Industrial building with a square footage of 4,700. The listing broker and buyer broker confirmed the sale with no deferred…

4 1040 E Lacy AveDistance to Subject Property: 2.8 Miles

PROPERTY

Type: Warehouse


RBA: 10,694 SF

Ceiling Height: 18'

Docks: None

Power: 400a/120-208v 3p 4w

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE


Sale Date: 10/30/2018



Price/SF: $249

CONTACTS

Buyer: Nowlin Properties Prop…

Seller: Akbar Majid

Buyer Broker: DAUM Commercial Rea…

Listing Broker: DAUM Commercial Rea…

SALE TERMS

Financing: 1st Mortgage: CIT B…

TRANSACTION NOTES

The buyer and brokers involved confirmed a sale price of $2,663,000. It was reported that escrow took about 60 days. This was not part of a 103…



Page 10




5 1136-1138 Elm AveDistance to Subject Property: 3.0 Miles

PROPERTY

Type: Warehouse


RBA: 5,130 SF

Ceiling Height: 14'

Docks: None

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE

Sale Type: Investment

Sale Date: 10/24/2018



Price/SF: $253

CONTACTS

Buyer: Toan Luu

Seller: Plexi Displays Inc

Buyer Broker: Coldwell Banker Reside…

Listing Broker: C2 Financial Corporatio…

SALE TERMS

Sale Conditio… Build to Suit, High V…


TRANSACTION NOTES

On 10/24/2018, the 5,130 SF industrial building located at 1136-1138 Elm Ave in Fullerton, CA sold for $1,300,000, or $253.41 per SF. The buil…

6 1424 S Allec StDistance to Subject Property: 3.0 Miles

PROPERTY

Type: Warehouse


RBA: 11,826 SF


Docks: None

Power: 200-600a/230v 3p 3w

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE


Sale Date: 10/24/2018


Price/SF: $218

CONTACTS

Buyer: S. B. Machining, Inc

Seller: James W Giesler, SI Ma…

Buyer Broker: CBRE - Thomas Dorman

Listing Broker: CBRE - Thomas Dorman

SALE TERMS

Sale Conditio… Build to Suit, High V…


TRANSACTION NOTES

This is the sale of a freestanding Industrial building with a square footage of 12,448. The building features 2 drive-in bays and 12 foot clear heights.



Page 11




7 8551 Whitaker StDistance to Subject Property: 3.2 Miles

PROPERTY

Type: Warehouse


RBA: 4,000 SF

Ceiling Height: 28'

Docks: None

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE


Sale Date: 8/16/2018



Price/SF: $250

CONTACTS

Buyer: VIP Cleaners

Seller: Hue Tran

Buyer Broker: Voit Real Estate Servic…

Listing Broker: Voit Real Estate Servic…

SALE TERMS

Financing: 1st Mortgage: Com…

TRANSACTION NOTES

This is the sale of a freestanding Industrial building with a square footage of 4000. The listing broker, seller and buyer confirmed the sale at $1M.…

8 1552-1556 W Embassy StDistance to Subject Property: 0.6 Miles

PROPERTY

Type: Warehouse


RBA: 14,000 SF

Ceiling Height: 16'

Docks: None

Power: 800a/120-240v 3p 4w He…

Vacancy At S… 100%

Cranes: None

Rail Served: None


SALE





Price/SF: $213

CONTACTS

Buyer: A & T Investments GP

Seller: Pacific Westline, Inc.

Buyer Broker: Bryan Industrial Proper…

Listing Broker: Bryan Industrial Proper…

SALE TERMS

Financing: 1st Mortgage: Catha…

TRANSACTION NOTES

This is for the sale of the 14,000 Sf industrial building for $2.975 M. Per the brokers this was a straight forward deal and weren't any conditions a…



Page 12




9 620 E Walnut AveDistance to Subject Property: 3.0 Miles

PROPERTY

Type: Warehouse


RBA: 9,600 SF

Docks: None

Vacancy At S… 0%

Cranes: None


SALE


Sale Date: 7/2/2018


Price/SF: $177

CONTACTS

Buyer: Ace Restoration & Wate…

Seller: The Angelus Pacific Co.

Buyer Broker: NAI Capital - Doug Wub…

Listing Broker: Premier Pacific Properti…

SALE TERMS

Financing: 2nd Mortgage: ZB, N…

TRANSACTION NOTES

This is the sale of a freestanding industrial building with a square footage of 9,600. The buyer broker reports an escrow length of 90 days with ab…

10 220 S Loara StDistance to Subject Property: 0.6 Miles

PROPERTY

Type: Warehouse


RBA: 15,040 SF

Ceiling Height: 16'

Docks: None

Power: 200-600a/120-240v 3p

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE




Price/SF: $203

CONTACTS

Buyer: Belvedere Properties

Seller: Gregory S Hoyt, James…

SALE TERMS

Financing: 1st Mortgage: ZB, N…

TRANSACTION NOTES

Attempts were made to contact the parties involved, but calls were not returned for questioning. Transaction information based on recorded cou…



Page 13




11 201 E La Palma Ave - Abf FreightDistance to Subject Property: 1.9 Miles

PROPERTY

Type: Truck Terminal


RBA: 13,000 SF

Ceiling Height: 20'

Docks: 44 ext

Power: 200a

Vacancy At S… 0%

Cranes: None

Rail Served: None

Parking: 38 Surface Spaces are…

SALE




Price/SF: $750

CONTACTS

Buyer: Old Dominion Freight L…

Seller: Gail & Brad Atcheson

SALE TERMS


TRANSACTION NOTES

The information in this comp is based on public records.

12 865 S East StDistance to Subject Property: 2.7 Miles

PROPERTY

Type: Manufacturing


RBA: 4,405 SF

Ceiling Height: 14'

Docks: None

Power: 200a

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE





Price/SF: $243

CONTACTS

Buyer: Jong Sik Chi

Seller: USS Cal Builders

Buyer Broker: Realty One Group - Ra…

Listing Broker: Realty One Group - Ra…

SALE TERMS


TRANSACTION NOTES

The sale price was confirmed with the broker. The previous owner is still in the building but once they vacate in a few months, the new owners wi…



Page 14




13 1829 W Commonwealth AveDistance to Subject Property: 2.7 Miles

PROPERTY

Type: Manufacturing


RBA: 8,050 SF

Ceiling Height: 12'

Vacancy At S… 0%

SALE





Price/SF: $185

CONTACTS

Buyer: Scott S Kim

Seller: Rahm Dorothy L

Buyer Broker: Coldwell Banker Best R…

Listing Broker: Lee & Associates Com…

SALE TERMS

Financing: 1st Mortgage: Woori…

TRANSACTION NOTES

The sales price was confirmed by the listing broker.

1 114 S Lemon StDistance to Subject Property: 2.9 Miles

PROPERTY

Type: Warehouse


RBA: 7,068 SF

Docks: None

Vacancy At S… 0%

Cranes: None


SALE




Price/SF: $192

CONTACTS

Buyer: Deelite Distribution

Seller: Mark W Vaughan

Buyer Broker: NAI Capital - Paul Fisher

Listing Broker: Bryan Industrial Proper…

SALE TERMS

Sale Conditio… Purchase By Tenant…


TRANSACTION NOTES

The sale price was confirmed with the seller's broker, the buyer and the buyer's broker. The proerty was purchased by the tenant in a court appo…



Page 15




14 1111-1115 E Kimberly AveDistance to Subject Property: 3.0 Miles

PROPERTY

Type: Warehouse

RBA: 11,707 SF

Ceiling Height: 15'

Docks: None

Power: 200-1,000a/277-480v 3p…

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE




Price/SF: $167

CONTACTS

Buyer: Ray K Chen

Seller: Boyadjieff Group, LLC

Buyer Broker: Colliers International -…

Listing Broker: Colliers International -…

SALE TERMS

Sale Conditio… Purchase By Tenant…


TRANSACTION NOTES

All information is based on inspection of transfer documents and historical property records.

15 1773 W Lincoln Ave - Bldg U-VDistance to Subject Property: 0.0 Miles

PROPERTY

Type: Warehouse


RBA: 8,000 SF


Docks: None

Vacancy At S… 0%

Cranes: None

Rail Served: None


SALE

Sale Type: Investment

Sale Date: 5/5/2017


Price/SF: $172

CONTACTS

Buyer: Symbex Properties

Seller: Bill & Pat Karvala

SALE TERMS


TRANSACTION NOTES

This was an off market deal. The building was fully occupied at the time of sale. The buyer had been approaching the sellers for years to acquir…



Page 16




16 162-164 E Liberty AveDistance to Subject Property: 2.5 Miles

PROPERTY

Type: Warehouse


RBA: 12,000 SF

Ceiling Height: 16'

Docks: None

Power: 1,000a/120-208v 3p 4w…

Vacancy At S… 0%

Cranes: None


SALE





Price/SF: $185

CONTACTS

Buyer: Hadley Tow

Seller: Daniel J & Norma L Hor…

Buyer Broker: Jones Real Estate - Gre…

Listing Broker: Lee & Associates Com…

SALE TERMS

Financing: Unknown: JP Morga…

TRANSACTION NOTES

$15/PSF credit to buyer at closing for deferred maintenance for a roof. Buyer is a user.



Page 17


Sales Volume1773 W Lincoln Ave - Bldg R-S

ANAHEIM IND SUBMARKET SALES VOLUME IN SQUARE FEET

NORTH COUNTY SUBMARKET CLUSTER SALES VOLUME IN SQUARE FEET

ORANGE COUNTY METRO SALES VOLUME IN SQUARE FEET



Page 18

Sales Pricing1773 W Lincoln Ave - Bldg R-S

NATIONAL PRICE INDICES

REGIONAL INDUSTRIAL PRICE INDICES



Page 19

Sales Pricing1773 W Lincoln Ave - Bldg R-S

PRICE PER SF INDEX

UNITED STATES INDUSTRIAL PRICE PER SF IN PAST YEAR ORANGE COUNTY INDUSTRIAL PRICE PER SF IN PAST YEAR

PRICE PER SF SUMMARY OF SALES IN PAST YEAR

Geography HighTop 25%AverageMedianBottom 25%LowTransactions

$15,762United States 20,072 $0.02 $21 $68 $74 $261

$708Orange County 275 $25 $145 $223 $198 $319

$615North County 126 $52 $146 $212 $186 $284

$331Anaheim 47 $52 $141 $218 $193 $284

$750Selected Sale Comps 17 $167 $177 $213 $254 $354



Page 20

Cap Rates1773 W Lincoln Ave - Bldg R-S

CAP RATE TRENDS

UNITED STATES LOGISTICS CAP RATES IN PAST YEAR ORANGE COUNTY LOGISTICS CAP RATES IN PAST YEAR

CAP RATE SUMMARY OF SALES IN PAST YEAR

Geography HighTop 25%AverageMedianBottom 25%LowTransactions

22.2%United States 2,236 1.3% 4.9% 7.0% 7.3% 10.2%

8.4%Orange County 44 3.4% 3.9% 4.9% 4.9% 6.2%

5.6%North County 15 3.7% 3.8% 4.0% 4.4% 5.2%

5.2%Anaheim 5 3.7% 3.9% 4.7% 4.6% 5.2%

-Selected Sale Comps 0 - - - - -



Page 21

Buyers1773 W Lincoln Ave - Bldg R-S

TOP ORANGE COUNTY INDUSTRIAL BUYERS PAST TWO YEARS

Purchased at least one asset in Anaheim Ind submarket

Properties Bought

Company Name Bldgs VolumeSF

Properties Sold

SF BldgsVolume

Prologis 11 2,155,019 $392,415,094 0 0 -

Deutsche Bank AG 17 1,478,313 $201,000,000 2 273,790 $29,215,804

Hines 2 990,543 $172,347,000 0 0 -

CalEast Global Logistics, LLC 1 1,104,665 $131,300,000 0 0 -

Oaktree Capital Management, L.P. 1 576,234 $115,250,000 0 0 -

Rexford Industrial Realty, Inc. 8 504,324 $80,955,000 1 126,796 $18,700,000

Duke Realty Corporation 4 394,166 $69,370,500 0 0 -

Turner Development Corp. 2 546,854 $60,200,000 1 414,309 $57,097,000

Norwegian Government Pension Fund Global 1 307,781 $56,500,000 0 0 -

Invesco 1 361,483 $55,350,000 0 0 -

SteelWave, Inc. 1 361,483 $55,350,000 0 0 -

Ivanhoe Cambridge, Inc. 1 290,920 $53,050,724 1 290,920 $34,310,793

TransDigm Group Incorporated 1 329,000 $50,000,000 0 0 -

Pacific Industrial LLC 7 235,347 $49,962,209 0 0 -

Hearthstone, Inc. 2 347,548 $48,260,000 0 0 -

Edwards Lifesciences Corporation 2 242,537 $45,000,000 0 0 -

Intracorp Projects LTD 3 164,550 $44,151,925 0 0 -

Goodman Group 1 208,000 $36,042,000 0 0 -

Western Realco 2 316,699 $34,500,000 9 1,124,084 $208,556,500

OMERS 1 290,920 $34,310,793 0 0 -

UBS Financial Services, Inc. 1 47,812 $33,866,500 0 0 -

BLT Enterprises 1 112,000 $33,400,000 0 0 -

American Realty Advisors 1 143,930 $33,100,000 0 0 -

Independent Trading Co 1 181,069 $32,592,500 0 0 -

Alere Property Group LLC 4 190,890 $32,150,001 0 0 -

TYPES OF INDUSTRIAL ORANGE COUNTY BUYERS PAST TWO YEARS

Company Type Bldgs Billions Avg PricePrice/SF

Average Purchase

SF

Buying Volume

Private 301 9,473,657 $178 $5,626,958$1.7

Institutional 49 4,967,353 $147 $14,990,533$0.7

REIT/Public 23 3,053,509 $177 $23,597,417$0.5

User 78 2,765,158 $195 $6,930,059$0.5

Private Equity 5 285,998 $175 $10,046,815$0.1

$0 $0.5 $1 $1.5 $2



Page 22

Sellers1773 W Lincoln Ave - Bldg R-S

TOP ORANGE COUNTY INDUSTRIAL SELLERS PAST TWO YEARS

Sold at least one asset in Anaheim Ind submarket

Properties Sold

Company Name Bldgs VolumeSF

Properties Bought

SF BldgsVolume

Western Realco 9 1,124,084 $208,556,500 2 316,699 $34,500,000

Albertsons Companies 2 2,237,449 $201,000,000 0 0 -

DCT Industrial 5 576,200 $155,644,094 0 0 -

Penwood Real Estate Investment Managem… 4 768,579 $144,610,500 1 276,585 $27,000,000

JCPenney Company, Inc. 1 1,104,665 $131,300,000 0 0 -

Stephen Simms 1 576,234 $115,250,000 0 0 -

Royalty Carpet Mills, Inc. 3 752,267 $96,200,000 0 0 -

Greenlaw Partners 5 513,788 $94,398,500 2 135,582 $20,908,000

AEW Capital Management 2 488,850 $89,092,500 2 273,790 $29,215,804

Turner Development Corp. 1 414,309 $57,097,000 2 546,854 $60,200,000

TIAA-CREF Investment Management, LLC 1 300,000 $56,620,000 0 0 -

Kearny Real Estate Company 1 361,483 $55,350,000 0 0 -

Tribune Publishing 1 361,483 $55,350,000 0 0 -

Brookfield Asset Management, Inc. 1 290,920 $53,050,724 0 0 -

Esterline Corporation 1 329,000 $50,000,000 0 0 -

Shopoff Realty Investments L.P. 4 695,096 $48,260,000 0 0 -

Arnold Schlesinger 1 208,000 $36,042,000 0 0 -

D Gregory Scott 1 208,000 $36,042,000 0 0 -

Vera Guerin 1 208,000 $36,042,000 0 0 -

Ivanhoe Cambridge, Inc. 1 290,920 $34,310,793 1 290,920 $53,050,724

Overton Moore Properties 1 47,812 $33,866,500 0 0 -

Sovereign Capital 1 112,000 $33,400,000 0 0 -

Batcheller Equities 1 143,930 $33,100,000 0 0 -

Panattoni Development Company, Inc. 1 143,930 $33,100,000 0 0 -

Colony Capital, Inc. 2 301,585 $31,215,668 0 0 -

TYPES OF INDUSTRIAL ORANGE COUNTY SELLERS PAST TWO YEARS

Company Type Bldgs Billions Avg PricePrice/SF

Average Sale

SF

Selling Volume

Private 354 10,368,863 $201 $5,895,123$2.1

User 68 6,671,949 $127 $12,494,491$0.8

Institutional 35 4,380,370 $160 $20,030,300$0.7

REIT/Public 16 1,115,491 $199 $13,925,610$0.2

Private Equity 0 0 - --

$0 $0.6 $1.2 $1.8 $2.4



Page 23

100%

-

-

0 SF

.41 AC

8,000 SF

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total Available:

Land Area:

RBA:

Building Type:

Rent/SF/Mo: -

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 W Lincoln Ave N Crescent Way 0.10 W 2017 31,000 MPSI .07

2 N Euclid St 5 0.15 N 2017 44,000 MPSI .24

3 5 I- 5 0.07 NW 2011 238,000 MPSI .28

4 S Euclid St W Pampas Ln 0.03 N 2017 41,000 MPSI .33

5 N Euclid St W Westmont Dr 0.01 S 2015 60,518 MPSI .38

6 N Euclid St W Westmont Dr 0.01 S 2017 55,000 MPSI .38

7 I- 5 5 0.11 SE 2017 276,000 MPSI .38

8 W Broadway S Nutwood St 0.03 E 2017 15,000 MPSI .42

9 W Crescent Ave N Parkwood St 0.02 E 2015 9,994 MPSI .44

10 W Crescent Ave N Parkwood St 0.02 E 2017 9,800 MPSI .44

Traffic Count Report

Bldg R-S1773 W Lincoln Ave, Anaheim, CA 92801

All information is based of CoStar Group Inc. Tom Gonzalez, Director of KW Commercial G&S Group.Copyrighted report licensed to G&S Group – KW Commercial - 495457.

2/20/2019

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100%

-

-

0 SF

.41 AC

8,000 SF

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total Available:

Land Area:

RBA:

Building Type:

Rent/SF/Mo: -

Description 2010 2018 2023Population 33,825 37,835 39,253

Age 0 - 4 2,786 8.24% 2,737 7.23% 2,792 7.11%

Age 5 - 9 2,500 7.39% 2,706 7.15% 2,751 7.01%

Age 10 - 14 2,536 7.50% 2,705 7.15% 2,717 6.92%

Age 15 - 19 2,638 7.80% 2,661 7.03% 2,688 6.85%

Age 20 - 24 2,979 8.81% 2,819 7.45% 2,720 6.93%

Age 25 - 29 2,986 8.83% 3,098 8.19% 2,862 7.29%

Age 30 - 34 2,540 7.51% 3,058 8.08% 2,992 7.62%

Age 35 - 39 2,513 7.43% 2,791 7.38% 2,949 7.51%

Age 40 - 44 2,387 7.06% 2,643 6.99% 2,792 7.11%

Age 45 - 49 2,232 6.60% 2,530 6.69% 2,621 6.68%

Age 50 - 54 2,020 5.97% 2,380 6.29% 2,464 6.28%

Age 55 - 59 1,599 4.73% 2,124 5.61% 2,262 5.76%

Age 60 - 64 1,284 3.80% 1,722 4.55% 1,964 5.00%

Age 65 - 69 892 2.64% 1,339 3.54% 1,590 4.05%

Age 70 - 74 592 1.75% 957 2.53% 1,195 3.04%

Age 75 - 79 492 1.45% 637 1.68% 822 2.09%

Age 80 - 84 408 1.21% 428 1.13% 518 1.32%

Age 85+ 440 1.30% 502 1.33% 554 1.41%

Age 15+ 26,002 76.87% 29,689 78.47% 30,993 78.96%

Age 20+ 23,364 69.07% 27,028 71.44% 28,305 72.11%

Age 65+ 2,824 8.35% 3,863 10.21% 4,679 11.92%

Median Age 31 34 35

Average Age 33.00 34.90 36.00

Population By Race 33,825 37,835 39,253

White 24,263 71.73% 26,675 70.50% 27,273 69.48%

Black 1,416 4.19% 1,624 4.29% 1,701 4.33%

Am. Indian & Alaskan 509 1.50% 561 1.48% 582 1.48%

Asian 6,325 18.70% 7,660 20.25% 8,293 21.13%

Hawaiian & Pacific Islander 217 0.64% 249 0.66% 251 0.64%

Other 892 2.64% 1,067 2.82% 1,153 2.94%

Demographic Trend Report 1 Mile Radius



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Demographic Trend Report 1 Mile Radius


Description 2010 2018 2023Population by Race (Hispanic) 18,535 21,589 22,549

White 17,219 92.90% 20,032 92.79% 20,892 92.65%

Black 308 1.66% 355 1.64% 377 1.67%

Am. Indian & Alaskan 426 2.30% 480 2.22% 503 2.23%

Asian 204 1.10% 248 1.15% 266 1.18%

Hawaiian & Pacific Islander 42 0.23% 57 0.26% 57 0.25%

Other 336 1.81% 418 1.94% 454 2.01%

Household by Household Income 9,504 10,662 11,069

<$25,000 1,744 18.35% 2,078 19.49% 2,189 19.78%

$25,000 - $50,000 3,083 32.44% 2,625 24.62% 2,638 23.83%

$50,000 - $75,000 1,699 17.88% 2,168 20.33% 2,271 20.52%

$75,000 - $100,000 1,252 13.17% 1,343 12.60% 1,374 12.41%

$100,000 - $125,000 849 8.93% 967 9.07% 1,005 9.08%

$125,000 - $150,000 397 4.18% 508 4.76% 528 4.77%

$150,000 - $200,000 331 3.48% 615 5.77% 670 6.05%

$200,000+ 149 1.57% 358 3.36% 394 3.56%

Average Household Income $63,818 $73,286 $74,198

Median Household Income $49,153 $57,285 $57,958


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Type:County:

Industrial/WarehouseOrange

1 Mile

County

Population Growth Household Growth

2018 Med Household Inc 2018 Households by Household Income

2018 Median Age 2018 Population by Race

2018 Renter vs. Owner 2018 Employed vs. Unemployed

Type: Industrial/Warehouse

Demographic Market Comparison Report 1 mile radius



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Type:County:

Industrial/WarehouseOrange

1 Mile County

Population Growth

2018 Population by Race 37,836 3,197,258

Household Growth

2018 Households by Household Income 10,662 1,053,197

Growth 2010 - 2018 11.86% 6.21%

Growth 2018 - 2023 3.75% 2.87%

95.54% 96.22% Empl 19,478 1,628,974

4.46% 3.78% Unempl 910 64,008

70.50% 72.64% White 26,675 2,322,557

4.29% 2.09% Black 1,623 66,934

1.48% 1.06% Am. Indian & Alaskan 561 33,780

20.25% 20.40% Asian 7,661 652,283

0.66% 0.39% Hawaiian & Pacific Island 249 12,324

2.82% 3.42% Other 1,067 109,380

Growth 2010 - 2018 12.14% 6.09%

Growth 2018 - 2023 3.82% 2.87%

63.06% 41.55%Renter Occupied 6,723 437,573

36.94% 58.45%Owner Occupied 3,939 615,624

19.49% 12.59%Income <$25K 2,078 132,574

24.62% 16.42%Income $25K - $50K 2,625 172,968

20.33% 15.96%Income $50K - $75K 2,168 168,138

12.60% 12.85%Income $75K - $100K 1,343 135,371

9.07% 11.07%Income $100K - $125K 967 116,629

4.76% 7.50%Income $125K - $150K 508 79,034

5.77% 10.10%Income $150K - $200K 615 106,349

3.36% 13.50%Income $200K+ 358 142,134

2018 Med Household Inc $57,285 $84,772

2018 Median Age 33.60 38.00

Demographic Market Comparison Report 1 mile radius



2/20/2019

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Documents

Anaheim Industrial Building R&S-For [email protected] CA DRE# #01487226 All materials and information received or derived from KW Commercial its directors, officers,