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
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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.
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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.
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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