DIAMOND BAR RANCH CENTER

DIAMOND BAR RANCH CENTER
800-880 North Diamond Bar Blvd., Diamond Bar, CA 91765
Offered At: $12,000,000.00
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Prime Located in East San Gabriel Valley
Great Demographics
Anchored by Well & Fit Adult Health Care
Below Market Rent With Huge Potential
Value Added Opportunity
Only Sale for $199/ SF Which Is Way Below Replacement Cost
Exclusively listed by
Anne Yip
Andy Deng
DRE #00905320
DRE #01297692
Dengo Investment Inc.
11100 Valley Blvd., Suite 316, El Monte, CA 91731
Tel. 626.448.6666
Fax. 626.448.7666
www.dengoinvestment.com
Diamond Bar Ranch Center
Diamond Bar, CA
Confidential Agreement
THE INFORMATION CONTAINED IN THE FOLLOWING MARKETING BROCHURE IS
PROPRIETARY AND STRICTLY CONFIDENTIAL. IT IS INTENDED TO BE REVIEWED ONLY BY
THE PARTY RECEIVING IT FROM DENGO INVESETMENT INC. AND SHOULD NOT BE MADE
AVAILABLE TO ANY OTHER PERSON OR ENTITY WITHOUT THE WRITTEN CONSENT OF
DENGO INVESTMENT INC. THIS MARKETING BROCHURE HAS BEEN PREPARED TO PROVIDE
SUMMARY, UNVERIFIED INFORMATION TO PROSPECTIVE PURCHASERS, AND TO ESTABLISH
ONLY A PRELIMINARY LEVEL OF INTEREST IN THE SUBJECT PROPERTY. THE
INFORMATION CONTAINED HEREIN IS NOT A SUBSTITUTE FOR A THOROUGH DUE
DILIGENCE
INVESTIGATION.
DENGO
INVESTMENT
INC.
HAS
NOT
MADE
ANY
INVESTIGATION, AND MAKES NO WARRANTY OR REPRESENTATION, WITH RESPECT TO
THE INCOME OR EXPENSES FOR THE SUBJECT PROPERTY, THE FUTURE PROJECTED
FINANCIAL PERFORMANCE OF THE PROPERTY, THE SIZE AND SQUARE FOOTAGE OF THE
PROPERTY AND IMPROVEMENTS, THE PRESENCE OR ABSENCE OF CONTAMINATING
SUBSTANCES, PCB'S OR ASBESTOS, THE COMPLIANCE WITH STATE AND FEDERAL
REGULATIONS, THE PHYSICAL CONDITION OF THE IMPROVEMENTS THEREON, OR THE
FINANCIAL CONDITION OR BUSINESS PROSPECTS OF ANY TENANT, OR ANY TENANT’S PLANS
OR INTENTIONS TO CONTINUE ITS OCCUPANCY OF THE SUBJECT PROPERTY.
THE
INFORMATION CONTAINED IN THIS MARKETING BROCHURE HAS BEEN OBTAINED FROM
SOURCES WE BELIEVE TO BE RELIABLE; HOWEVER, DENGO INVESTMENT INC. HAS NOT
VERIFIED, AND WILL NOT VERIFY, ANY OF THE INFORMATION CONTAINED HEREIN, NOR HAS DENGO
INVESTMENT INC. CONDUCTED ANY INVESTIGATION REGARDING THESE MATTERS AND
MAKES NO WARRANTY OR REPRESENTATION WHATSOEVER REGARDING THE ACCURACY
OR COMPLETENESS OF THE INFORMATION PROVIDED. ALL POTENTIAL BUYERS MUST
TAKE APPROPRIATE MEASURES TO VERIFY ALL OF THE INFORMATION SET FORTH
HEREIN.
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Investment Highlight
The Diamond Bar Ranch Center is multi-tenant retail/office center locate on Main commercial/retail
corridor of East San Gabriel Valley.
Ranch Center was built on 1982, consists of 60022 square footage building leasable area, and situated on
approximately 5.62 acres of land and benefits from excellent exposure and visibility from 57 Freeway.
The Major tenant of Well & Fit Adult Health Care, a established tenant, has been in the Diamond Bar
area almost 10 years, they expend and relocate to Ranch Center from their previous location on April
2007.
Ranch Center has low historical vacancy but just some of real estate character tenant move out due to
the mortgage/ real estate market sink since 2008. It is now 77% occupied by 17 retail and service
oriented tenants that cater to surrounding residential communities and local business.
The Ranch Center is now selling for only $199 per square feet which is definitely below the replacement
cost.
The Diamond Bar Ranch Center really provides a huge upside for its new owner.
Offering Summary
Offering Price:
$12,000,000.00
Gross Rentable Area ( SF):
60,022
Lot Size (SF)
244,807
Buildings:
4
Type:
One story multi-tenant neighborhood center
Year Built
1982
(5.62 acres)
Price Per Square Foot:
Building
$199.93
Lot
$49.02
Parcel Numbers
8706-002-056
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Annualized Operating Data
Gross Scheduled Income
Less Vacancy
Gross Effective Income:
NNN Recapture
Total Income
Estimated Operating Expenses
Net Operating Income
Cap Rate
22.92%
51.89%
In place
$797,369.00
($181,579.00)
$615,790.00
$144,406.76
$760,196.76
($278,294.00)
$481,902.76
4.02%
5.00%
76.40%
Pro-Forma *
$797,369.00
($39,868.45)
$757,500.55
$212,616.62
$970,117.17
($278,294.00)
$691,823.17
5.77%
Financial Analysis
Financial Analysis
Down Payment
First TD Loan
Mortgage Payment ***
Monthly
Yearly
Net Operating Income
Net Cash Flow
Cash On Cash Return
Principle Deduction
Net Income Before Tax
40.00%
60.00%
Total Return
In place
$4,800,000.00
$7,200,000.00
Pro-Forma
$4,800,000.00
$7,200,000.00
$35,419.67
$425,036.04
$481,902.76
$56,866.72
1.18%
$121,382.00
$178,248.72
$35,419.67
$425,036.04
$691,823.17
$266,787.13
5.56%
$132,131.00
$398,918.13
3.71%
8.31%
Estimated Operating Expenses
New Property Tax (@1.20%)
Property Insurance
Utilities-Electricity
Utilities-Water
Trash Removal
Maintenance-Gardening/ Landscaping
Maintenance-Pest Control
Maintenance-Lighting
Maintenance-HVAC
Maintenance-Sewer System
Maintenance-General Repairs
Maintenance-Roofing
Tel for Alarm
Management Fee
Total
$144,000.00
$14,653.35
$9,782.62
$11,050.25
$11,218.35
$22,200.00
$4,850.00
$2,550.11
$6,063.00
$2,155.92
$28,415.40
$1,800.00
$821.30
$18,734.46
$278,294.76
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Rent Roll
Suite
Tenant Name
SQFT
No.
Base
NNN
Lease
Lease
Rent
Deposit
$/
Rent
%
Start
Exp.
Increase
Held
SQFT
Options
800
Teeth R Us
2,096
$3,442.25
3.80
08/01/01
07/31/16
3.50%
$3,310.28
$1.64
2x5
808
Hot Dog Pops
3,050
$3,050.00
5.36
11/01/12
10/31/20
3.00%
$5,000.00
$1.00
1X8
812-814
Phillips Ranch Dental
3,191
$2,552.80
05/01/13
04/30/18
Schduled
$7,500.00
$0.80
816
Well & Fix Adult Health Cr
3,233
$1,998.20
04/01/07
12/31/17
CPI<3%
$0.00
$0.62
818
Magical Step Music & Dance
3,600
$2,500.00
08/01/12
07/31/27
$5,000.00
$0.69
820
Well & Fix Adult Health Cr
12,091
$15,921.49
04/01/07
12/31/17
CPI<3%
$14,811.84
$1.32
822
Gateway Mortgage
721
$675.00
01/14/12
MTM
$1,200.00
$0.94
824
Tsai & Tang Pro. Dental
1,644
$1,808.40
2.90
01/16/03
01/31/23
3.00%
$2,457.00
$1.10
5.35
20.01
2x5
1x5
5x5
830
NK Rehab
3,737
$3,923.85
02/01/13
01/31/16
3.00%
$4,000.00
$1.05
838
Southwest Patrol
1,850
$1,615.75
3.08
06/01/11
05/31/21
3.00%
$5,000.00
$0.87
1X5
842
Air Balance Inc.
2,125
$3,315.00
3.54
06/15/09
06/30/14
4.00%
$3,348.50
$1.56
1x5
844
God My Fortress Church
1,506
$1,355.40
08/01/12
07/31/21
3.00%
$400.00
$0.90
850
Vacant
2,860
$3,146.00
5.10
$1.10
854
Vacant
785
$863.50
1.40
$1.10
856
DB Herbal & Accupuncture
1,054
$1,038.78
2.00
01/01/03
05/31/15
$1,200.00
$0.99
858
Ebony Coiffures
805
$805.00
1.54
08/01/12
07/31/17
$2,500.00
$1.00
862
The Nail Plaza
1,920
$2,650.00
05/01/03
01/31/17
$3,000.00
$1.38
864
Vacant
1,260
$1,386.00
2.41
866
Jones Reading & Math
1,250
$1,875.00
2.08
11/01/12
10/31/15
3.00%
$3,179.00
$1.50
868
Sushi Koyo
1,270
$1,487.79
2.23
05/01/98
06/30/13
CPI 3-5%
$2,794.00
$1.17
1X5
870
H&R Block
1,123
$1,301.17
05/01/12
04/30/15
$1.16
1x3
872
Vacant
1,111
$1,222.10
2.00
$1.10
880
Vacant
7,740
$8,514.00
13.60
$1.10
60,022
$66,447.48
76.40
Sub-total
Total Vacancy
13,756
$15,131.60
22.92%
Total Occupancy
46,266
$51,315.88
77.08%
1x5
$1.10
$64,700.62
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
$1.11
Diamond Bar Ranch Center
Parcel Map
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar, CA
Diamond Bar Ranch Center
Diamond Bar, CA
Site Map
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Aerial Map
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Location Map
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Photos
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.
Diamond Bar Ranch Center
Diamond Bar, CA
Photos
All information listed has been obtained from sources deemed reliable, however, we accept no responsibility for its correctness.