Brochure - AvailableNow.com
Transcription
Brochure - AvailableNow.com
LEASED INVESTMENT OPPORTUNITY Anaheim Hills Range Rover / Land Rover / Jaguar Dealership 5401, 5403 & 5425 - 5431 East La Palma Avenue Anaheim, CA 6 LEASED INVESTMENT OFFERING Executive Summary TH E OF F ERING Voit Real Estate Services is pleased to offer a leased investment in the city of Anaheim. The tenant, Rusnak Auto Group has 8 years, 7 months remaining on its current lease. This investment is located at the entrance of the Canyon Commerce Center and has street-front visibility along East La Palma Avenue in the city of Anaheim. The tenant at this Property operates both the Anaheim Hills Jaguar and Anaheim Hills Land Rover dealerships. The subject property borders the Anaheim Hills Mercedes Benz dealership, making this area the premier destination for customers looking to purchase luxury vehicles. The property consists of approximately 62,949 square feet in the very desirable Canyon Commerce Center Business Park within the East Anaheim submarket. Built in 1975, the industrial park has 19 individual units with attractive features including glass front office entrances, separate electric meters, ground level loading doors and skylights. The project has great street frontage visibility from East La Palma Avenue. Previously owned by LBA Realty and MetLife Investors, Canyon Commerce Center has been well maintained and is currently undergoing upgrades by its current owner. The property benefits from its close proximity and immediate access to the 91 and 55 Freeways. RUSNAK AUTO GROUP The Rusnak Auto Group is a family-owned dealership group that serves the Orange County and Southern California area. Rusnak Auto Group has been in business for 52 years. Their car dealerships have become a staple in the communities in which they are located and are dedicated to providing their customers with a friendly, professional atmosphere. Rusnak recently invested $3 Million of its own money to renovate the buildings. They have a strong following and loyalty from their clientele. The Rusnak Auto Group’s stable consists of Audi, Bentley, BMW, Hyundai, Jaguar, Land Rover, Maserati, Mercedes Benz, Porsche, Rolls Royce and Volvo. The Jaguar and Land Rover dealerships are located at the subject location. 8 LEASED INVESTMENT OFFERING Executive Summary I N V E S T MENT HIGHLIGHT S TENANTS Jaguar Anaheim Hills Land Rover Anaheim Hills STABLE LEASED INVESTMENT The Rusnak Auto Group’s Jaguar and Land Rover dealerships have been tenants at the subject location for over 15 years. An investor will benefit by a solid tenant and a favorable long term lease which includes extensive specialized tenant improvements. EXCEPTIONAL LOCATION Located in Anaheim Canyons, the Property offers high identity building frontage along East La Palma Avenue. The dealerships are exposed to over 17,600 vehicles daily. The dealerships are located next to the Mercedes Benz of Anaheim, thus making this property a hub for luxury high end automobile consumers. OPTIMAL USE POTENTIAL The Property allows for a broad range of flexible and permitted tenant uses including an automotive showroom, office, professional and financial services. The property also consists of six separate units which can be sold individually in the future. UPSIDE OPPORTUNITY This upscale and attractive property offers investors a unique opportunity to subdivide the space in the future. Each of the industrial units included in the offering are already individually parcelized giving maximum long-term flexibility. AFFLUENT NEIGHBORHOOD Located in North Orange County, the Property is minutes from the residential communities of Anaheim Hills, Yorba Linda, Villa Park, Fullerton and Brea. Within a 5 mile demographics radius of the subject property there is a median income of $90,000. MODERN BUILDING IMPROVEMENTS The modern exterior and interior improvements offer car shoppers dramatic aesthetic appeal sparking awe and emotion, perfect for showcasing luxury car brands. 10 LEASED INVESTMENT OFFERING Property Description B U IL D I NG FEATURES PROPERTY ADDRESS 5401, 5403, 5425, 5427, 5429, 5431 E. La Palma Avenue Anaheim, CA UNIT SIZE 5401 E. La Palma Avenue 5403 E. La Palma Avenue 5425 E. La Palma Avenue 5427 E. La Palma Avenue 5429 E. La Palma Avenue 5431 E. La Palma Avenue ± 16,848 Square Feet ± 4,613 Square Feet ± 16,848 Square Feet ± 9,920 Square Feet ± 7,360 Square Feet ± 7,360 Square Feet TOTAL SQUARE FOOTAGE ± 62,949 Square Feet Total APN 5401 E. La Palma Avenue 5403 E. La Palma Avenue 5425 E. La Palma Avenue 5427 E. La Palma Avenue 5429 E. La Palma Avenue 5431 E. La Palma Avenue 939-430-01 939-430-02 939-430-21 939-430-20 939-430-19 939-430-18 YEAR BUILT / RENOVATED 1975 / 1987 / 2015 CONSTRUCTION TYPE Concrete Tilt-Up CEILING HEIGHT 16 - (verify) FIRE SPRINKLERS Yes LOADING DOORS Grade Level Loading Doors LEASED INVESTMENT OFFERING Exclusively Offered By: Seth Davenport Senior Vice President Lic #01413387 [email protected] 714.935.2376 Mitch Zehner Executive Vice President Lic #00882464 [email protected] 714.935.2307 Robert Socci Executive Vice President Lic #00936016 [email protected] 714-935-2314 2400 E. Katella Avenue, Suite 750 Anaheim, CA 92806 ph. 714.978.7880 | fax. 714.978.8329 Southern California’s Premier Real Estate Marketing Team