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FOR SALE 7-11 Anchor Center 13606 Roscoe Blvd., Panorama City, CA 91402 ELIAS DONAY Universal Capital Investments 292 S. La Cienega Blvd., Suite # 308 Los Angeles, CA 90211 (310) 556-9100 (ph) | (310) 556-9102 (fx) [email protected] Please call us with any further questions regarding this or any other property.

FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

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Page 1: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

FOR SALE

7-11 Anchor Center 13606 Roscoe Blvd., Panorama City, CA 91402

ELIAS DONAY Universal Capital Investments

292 S. La Cienega Blvd., Suite # 308 Los Angeles, CA 90211 (310) 556-9100 (ph) | (310) 556-9102 (fx) [email protected]

Please call us with any further questions regarding this or any other property.

Page 2: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

PROPERTY PROFILE

The subject site is 7,694 sq. ft. of building and 22,924 sq. ft. of land located in the busy city of Panorama city at the southwest corner of Roscoe Blvd. and Ventura Canyon Ave.

Title Report 8,369 Property Address 13606 Roscoe Blvd., Panorama City, CA 91402 Building Size 8,369 sq. ft. Lot Size 22,924 sq. ft. Year Built 2013 Assessor Parcel 2213-021-013 Type of Property Fee simple Price $4,600.000 Performa

All cash or buyer to obtain new financing at prevailing market rate and terms.

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 3: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

PROPERTY DESCRIPTION

Prime signalized corner location.

• 7-11, Flame Broiler

• Excellent car traffic counts and demographics

• Excellent visibility and exposure

Major tenants on the center and nearby are:

7-11, Flame Broiler, Kaiser Permanente Hospital, Subway, Yoshinoya, ARCO, In-N-Out Burger, Del Taco.

The subject property is in an extremely dense demographic location, with an immediate population upward of 730,627 people within a five-mile radius and boasts high traffic counts exceeding 40,000 cars daily. The 2012 average household income was $71,772 within a five-mile radius. In addition, the property benefits from high visibility, excellent signage, and has bus stops at all four corners on the Roscoe/Ventura Canyon intersection. Built in 1987, the Roscoe/Ventura Canyon Center is a 100 percent leased multi-tenant strip center. The center benefits from excellent visibility and frontage surrounding the signalized corner.

INVESTMENT HIGHLIGHTS

• 100% Occupied Panorama City Multi-Tenant Retail - NNN- gross Leases

• Adjacent to Kaiser Permanente and Anchor 7-11 Market

• Signalized Corner Location

• “Ideal Strip Center”

• Strong & Seasoned Mix of Corporate & Local Tenants

• High Daily Traffic Counts

• Solid Lease Term Remaining on a Majority of Tenants

• Historically Very High Occupancy

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 4: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

OPERATING STATEMENT

Rent/Lease Income: $24,588.00/mo. $295,056.00/yr.

Total Reimbursement: $40,685.70

Income: $335,741.70

Less Expenses: $83,032.02

Net Income: $252,709.68

Purchase Price: $4,600.000.00

CAP Rate: 5.5

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 5: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

OPERATING STATEMENT

2018 Property Expenses 13606 Roscoe Blvd., Panorama City, CA 91402

Actual Projected

Property Tax : $28,485.42 $59,800.00

Property Insurance: $2,767.00

Gardener: $2,400.00

AT&T: $2,444.16

Security System: $1,152.00

Trash: $12,603.44

DWP: $19,980.00

Repair: $13,200.00 ___________________________________

Total Expenses: $83,032.02

Tenant Reimbursement: $26,570.25 7-11 (32%) Flame Broiler (17%) $14,115.45 ____________________________________ Total: $40,685.70

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 6: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

RENT ROLL

13606 Roscoe Blvd., Panorama City, CA 91402

Sq. Ft. Monthly Rent

Monthly Rent/Ft.

Lease Lease Expiration

Lease Type

P-2 Fresh Juice

600 $2,575 $3.75 02/01/16 04/30/22 Gross

P-3 Barber Shop

600 $2,250 $3.75 09/24/22 Gross

P-4 Pet Groomery

1,320 $4,250 $3.27 03/12/17 03/28/20 Gross

P-5 Cell Phone

1,020 $3,200 $3.14 10/19/19 09/18/24 Gross

P-6 Flower

400 $1,450 $3.63 04/01/17 03/31/20 Gross

7-11* 2,454 $7,436 $3.03 01/01/14 09/30/24 NNN

Flame Broiler 1,300 $3,427 $2.64 11/22/13 05/31/24 NNN

Total Available: 0%

Total Occupied: 7,694 sq. ft. (100%)

Total Income: $24,588 / month $295,056 / year

* 7-11 has five (5) years option

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently

Page 7: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

MAP

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 8: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

DEMOGRAPHIC SUMMARY

Geography: 5 Miles Population In 2014, the population in your selected geography is 740,359. The population has changed by 5.88% since 2000. It is estimated that the population in your area will be 752,310 five years from now, which represents a change of 1.61% from the current year. The current population is 50.07% male and 49.92% female. The median age of the population in your area is 33.4, com-pare this to the Entire US average which is 37.3. The population density in your area is 9,424.79 people per square mile. Households There are currently 227,401 households in your selected geography. The number of households has changed by 6.17% since 2000. It is estimated that the number of households in your area will be 232,021 five years from now, which represents a change of 2.03% from the current year. The average household size in your area is 3.19 persons. Income In 2014, the median household income for your selected geography is $46,785, compare this to the Entire US average which is currently $51,972. The median household income for your area has changed by 22.63% since 2000. It is estimated that the median household income in your area will be $54,926 five years from now, which represents a change of 17.40% from the current year. The current year per capital income in your area is $21,069, compare this to the Entire US average, which is $28,599. The current year average household income in your area is $68,108, compare this to the Entire US average which is $74,533. Race and Ethnicity The current year racial makeup of your selected area is as follows: 52.62% White, 4.11% Black, 0.13% Native American and 8.39% Asian/Pacific Islander. Compare these to Entire US% aver-ages which are: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander. People of Hispanic origin are counted independently of race. People of Hispanic origin make up 61.93% of the current year population in your selected area. Compare this to the En-tire US% average of 17.13%. Housing In 2000, there were 94,786 owner occupied housing units in your area and there were 119,382 renter occupied housing units in your area. The median rent at the time was $610. Employment In 2014, there are 215,480 employees in your selected area, this is also known as the daytime population. The 2000 Census revealed that 54.23% of employees are employed in white-collar occupations in this geography, and 45.64% are em-ployed in blue-collar occupations. In 2014, unemployment in this area is 9.84%. In 2000, the av-erage time traveled to work was 32.2 minutes.

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 9: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 10: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 11: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 12: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 13: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 14: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 15: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 16: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 17: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 18: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 19: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.

Page 20: FOR SALE - LoopNet · 2019. 10. 29. · FOR SALE 7-11 Anchor enter 13606 Roscoe lvd., Panorama ity, A 91402 ELIAS DONAY Universal apital Investments 292 S. La ienega lvd., Suite #

IMAGES

The information contained herein was obtained from sources believed to be reliable. No guarantee is made as to its accuracy. Buyer to verify all data independently.