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Please contact exclusive agent for additional information or to tour. Show by appointment ONLY. Do not disturb tenants.TIM VI TRAN | 陳偉智| CA License #01784630TEL 408.799.5290 | [email protected]
THE IVY GROUP | CA License #01526603 | 39488 Stevenson Place, Suite 100 | Fremont, CA 94539 | www.ivycommercial.comThe information herein has been provided to us by the property owner, or other sources we deemed reliable. While we do not doubt its accuracy, we have notverified the it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
FOR SALE44 Commerce PlaceVacaville, CA 95687
Freestanding Multi-tenant Industrial Building$625,000
HIGHLIGHTS Building Size: ± 8,874 sq ft Parcel Size: ± 23,519 sq ft or ± 0.54 acres Year Built: approx 1980 APN: 0135-352-230 and 0135-352-290 Zoning: industrial service (IS) Construction Type: concrete tilt-up Building Layout: 5 separate units, 1,774 sq ft each Individual Layout:
o Office/showroom in front, warehouse inrear
o Approx. Ceiling Height: office (8 ft);warehouse (16 ft)
o Electric Meter: each unit can be separatelyPG&E metered
o Rollup Door: each unit has 14 ft grade-level, drive-in door from rear ofbuilding
Parking: 17 on-site parking spaces andabundant street parking available
Location: Located within Maris Industrial Park Ideal For: owner/user or investor
Please contact exclusive agent for additional information or to tour. Show by appointment ONLY. Do not disturb tenants.TIM VI TRAN | 陳偉智| CA License #01784630TEL 408.799.5290 | [email protected]
THE IVY GROUP | CA License #01526603 | 39488 Stevenson Place, Suite 100 | Fremont, CA 94539 | www.ivycommercial.comThe information herein has been provided to us by the property owner, or other sources we deemed reliable. While we do not doubt its accuracy, we have notverified the it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
FOR SALE44 Commerce PlaceVacaville, CA 95687
Building Plan (Not to Scale)FRONT – 44 Commerce Place
Unit A & B
± 3,550 SF
LEASED
Unit C & D
± 3,550 SF
LEASED
Unit E
± 1,774 SF
LEASED
REAR
Real Estate Investment Analysis
PROPERTY INFORMATION ANNUAL OPERATING DATA Proforma TAXES FROM OPERATIONS Proforma
Price 625,000$ Potential Gross Income 73,192$ Net Operating Income 56,073$
Number of Units 5 - Less Vacancy Allowance 0% -$ - Less Loan Interest 14,844$
Price Per Unit 125,000$ Effective Gross Income 73,192$ - Less Depreciation 75% 17,045$
Potential Gross Income 6,099.30$ 73,192$ - Less Expenses 17,118$ - Less Amortized Points -$
Misc Income 0 0 Net Operating Income 56,073$ Taxable Income 24,184$
Rentable Square Feet 8,874 - Less Debt Service 21,379$
Price Per Square Foot $70.43 - Less Capital Expenditures -$
Number of Buildings 1 Cash Flow BEFORE Taxes 34,694$ Tax Bracket 35%
Year Built / Renovated approx 1980 Cash-on-Cash Return BT 10.9% Tax Liability (or Savings) 8,464$
Debt Coverage Ratio (DCR) 262% Tax Liability (or Savings) 8,464$
GRM (Proforma) 8.5 Cash Flow AFTER Taxes 26,229$
Cap Rate (Proforma) 8.97% Cash-on-Cash Return AT 8.2%
INITIAL INVESTMENT ANNUAL EXPENSES DETAIL Proforma % PROJECTED APPRECIATION PROFILES
Down Payment 50.0% 312,500$ Property Taxes 1.133% 7,084$ 9.68%
Closing Costs 1.0% 6,250$ Insurance 0.300% 1,875$ 2.56% Year 3.00% 5.00%
Points 0.0% -$ Management 5.000% 3,660$ 5.00% 1 $643,750 $656,250
Misc 0% -$ Association Dues -$ 0.00% 2 $663,063 $689,063
Total Cash Invested 318,750$ Garbage -$ -$ 0.00% 3 $682,954 $723,516
Maintenance Repair & Misc 150$ 1,800$ 2.46% 4 $703,443 $759,691
LOAN (25-yr term) Water 50$ 600$ 0.82% 5 $724,546 $797,676
% Down payment 50.0% 312,500$ Gas and Electricity 50$ 600$ 0.82% 6 $746,283 $837,560
Interest Rate & Loan Amount 4.75% 312,500$ Landscaping 250$ 1,500$ 2.05% 7 $768,671 $879,438
Payment (P & I) 1,782$ 21,379$ Reserves (months) -$ -$ 0.00% 8 $791,731 $923,410
Interest Component 1,237$ 14,844$ Total Expenses 1,427$ 17,118 9 $815,483 $969,580
Principal Component 545$ 6,536$ Total Expenses (%) 23.39% 10 $839,948 $1,018,059
* The analysis presented here are proforma and hypothetical and do not represent any guarantee of actual investment returns.** Rental income, interest rates, fees and closing costs are subject to market conditions and will vary.
44 Commerce Place, Vacaville, CA 95687
Prepared For: Purchaser
Prepared by The Ivy Group, CA License # 01526603Tim Vi Tran, CA License #01784630
39488 Stevenson Place, Suite 100, Fremont, CA 94539Tel: 408.799.5290 | Fax: 408.912.2688
Email: [email protected] | www.ivycommercial.com
