The Jacaranda Professional Centre 12021 Jacaranda Rd.—Hesperia, CA
Jacaranda Professional Centre Contact Information:
Contact Information:
Jason Lamoreaux JL@CBCDesert.com 760.792.8338
Mehdi Mostaedi MM@CBCdesert.com 760.684.8044
WWW. CBCDesert.com
15500 West Sand St., 2nd Floor Victorville, CA 92392 / 760.684.8000
Coldwell Banker Commercial and the CBC Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. E ach Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information.
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Table of Contents
Property Overview
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Property Summary Property Detail
Property Photos/Maps/Aerials
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Property Photos Aerial Map Location Map Floor Plans
Property Demographics
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Demographics
Property Analysis
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Executive Summary
Executive Team
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Qualifications
Disclaimer Statement
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Property Summary
Property:
The Jacaranda Professional Centre
Location:
12021 Jacaranda Rd. Hesperia, CA
Lease Rate:
TBD
Lease Type:
NNN
Land Size: Building Size:
±1.6 Acres ±23,871 SF
Space Available:
±3,000 SF - ±15,941 SF
Suites Available:
Flexible
Property Description:
Class A Office Building
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Property Details
Property Address 12021 Jacaranda Rd. Hesperia, CA 92345
Property Details Class A Office Building centrally located in the tri-cities corridor, in Hesperia, CA. Property currently has approximately ±8,000 SF of space available.
Price TBD
Property Specifications Property Type: Class: Building Size: Land: Year Built/Renovated: Number of Stories: Typical Floor Size: FAR:
Office A ±23.871 ±1.6 2009 3 ±7,957 24.13 %
Property Features Elevators: Parking: Amenities:
Yes—One 130 Close proximity to Victor Valley Community College, Jess Ranch Marketplace, and Desert Valley Hospital
Location Information Cross Street: Located: Park Name: Metro Market: Submarket: County:
Bear Valley Road Retail—Commercial corridor of Apple Valley, Victorville & Hesperia n/a Inland Empire Victor Valley—High Desert San Bernardino
Lease Information Tenancy: % Leased: Space Available: Annual Rent:
7,957—Medical 34% 15,914 (Approximately) TBD
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Property Photos
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Property Photos
View looking to the East
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Property Photos
View looking to the West
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Property Aerial
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Property Location Map
Jacaranda Professional Centre 12021 Jacaranda Rd. Hesperia, CA 92345
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Floor Plans窶認irst Floor
First Floor
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Floor Plans—Second Floor
Second Floor
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Floor Plans—Third Floor
Third Floor
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Site Plans
Jacaranda Professional Center Site Plan
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Demographics Population
3-mi.
5-mi.
3,499 1,655 1,844 28 933 1,409 1,525
31,383 15,268 16,115 263 8,385 11,121 11,948
106,287 51,607 54,680 824 27,298 36,184 39,126
42.72 42.7 38.97 39.8 45.97 45.3
37.68 37.8 35.84 36.3 39.30 39.2
34.03 35.4 32.05 34.1 35.68 36.6
1-mi. 2.46 1,987.12 7.6 1.7 286 1,123 $684.61
3-mi. 2.8 1,985.93 7.7 1.9 2,688 8,433 $584.62
5-mi. 2.91 1,982.78 7.6 1.8 11,881 24,303 $499.81
4 6 50 124 362 388 178 55 2 0 0 0 0
108 46 164 889 1,819 2,763 1,625 873 210 60 4 0 3
644 618 1,181 3,896 6,228 7,065 2,967 1,346 264 76 26 0 33
1,162 237 31 16 15 0 26 14
10,072 487 80 171 350 205 108 246
28,982 1,079 782 2,001 1,470 1,004 435 1,057
1,168 236 1,404
8,565 2,551 11,116
24,344 11,855 36,199
859 6
5,140 115
14,752 465
65+ in Group Quarters: Institutionalized
1
47
374
65+ in Group Quarters: Noninstitutionalized
6
68
91
Population Male Population Female Population Group Quarters Population Families Households Housing Units Age Median Age Average Age Median Male Age Average Male Age Median Female Age Average Female Age Housing and Household's Average Household Size Median Year Housing Unit was Built Average Length of Residence Average Number of Vehicles Owned Housing Units Rented Housing Units Median Contract Rent in Cash Owner Occupied Housing Units by Value < $20,000 $20,000 - $39,999 $40,000 - $59,999 $60,000 - $79,999 $80,000 - $99,999 $100,000 - $149,000 $150,000 - $199,999 $200,000 - $299,999 $300,000 - $399,999 $400,000 - $499,999 $500,000 - $749,999 $750,000 - $999,999 $1,000,000+ Housing Units by Units 1 Detached 1 Attached 2 Units 3 - 4 Units 5 - 9 Units 10 - 19 Units 20 - 49 Units 50+ Units Tenure by Age of Householder Owned Occupied Housing Units Renter Occupied Housing Units Total Housing Units Population 65+ by Household Type Total Population 65+ 65+ in Group Quarters
1-mi.
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Demographics Affluence and Education
1-mi.
3-mi.
5-mi.
Aggregate Income
$72,175,996
$641,782,765
$1,752,579,677
Per Capita Income
$21,361
$20,431
$16,519
58
706
3,431
82 91 139 74 119 96 93 79 159 144 146 74 26 15 3 4
653 617 810 679 757 648 598 599 1,137 1,349 1,283 622 279 196 108 85
3,051 2,565 3,005 2,381 2,551 2,236 1,896 1,783 3,530 3,700 3,058 1,465 590 409 240 160
3
45
53
23
263
1,632
19 27 86 37 70 59 68 45 86 134 124 74 24 13 2 3
281 299 541 526 530 447 450 457 937 1,209 1,149 602 263 186 86 73
1,669 1,694 2,069 1,816 1,986 1,708 1,498 1,372 2,966 3,339 2,823 1,365 554 399 204 140
3
45
53
$43,901,376
$428,846,605
$1,185,890,283
$3,187,077 $4,812,711 $8,082,287 $388,736 $420,345 $6,674,085 $3,293,601
$44,896,440 $46,984,884 $44,783,706 $3,992,283 $1,946,548 $47,572,623 $14,495,638
$118,518,928 $89,917,051 $132,269,071 $17,710,634 $13,841,480 $120,758,658 $42,959,420
Household by Income < $10,000 $10,000 - $14,999 $15,000 - $19,999 $20,000 - $24,999 $25,000 - $29,999 $30,000 - $34,999 $35,000 - $39,999 $40,000 - $44,999 $45,000 - $49,999 $50,000 - $59,999 $60,000 - $74,999 $75,000 - $99,999 $100,000 - $124,999 $125,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $499,999 $500,000+ Family Household by Income < $10,000 $10,000 - $14,999 $15,000 - $19,999 $20,000 - $24,999 $25,000 - $29,999 $30,000 - $34,999 $35,000 - $39,999 $40,000 - $44,999 $45,000 - $49,999 $50,000 - $59,999 $60,000 - $74,999 $75,000 - $99,999 $100,000 - $124,999 $125,000 - $149,999 $150,000 - $199,999 $200,000 - $249,999 $250,000 - $499,999 $500,000+ Aggregate Household Income Wage or Salary Self-Employment Interest/Dividends/Rent Social Security Supplemental Security Public Assistance Retirement Other Types
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Demographics Employment and Occupation Blue Collar Occupation White Collar Occupation Service & Farm Occupation
1-mi. 304 154 727
3-mi. 3,169 1,634 7,157
5-mi. 11,331 6,275 20,144
Armed Forces Employment Civilian Employed Civilian Unemployed Not in Labor Force Male Armed Forces Civilian Male Employed Civilian Male Unemployed Male Not in Labor Force Female Armed Forces Civilian Female Employed Civilian Female Unemployed Female Not in Labor Force
9 1,186 95 1,347 9 641 28 507 0 545 67 840
18 11,960 810 10,574 18 6,856 386 3,881 0 5,104 423 6,693
116 37,750 3,959 34,490 116 21,309 1,867 12,627 0 16,441 2,092 21,862
4 88 85 56 145 114 34 79 25 0 57 181 150 16 25 73 54
79 915 1,133 393 1,450 1,124 247 725 362 0 381 1,566 1,543 185 561 718 578
316 3,126 3,705 1,233 5,077 3,380 766 2,033 1,150 0 1,137 3,975 4,638 585 2,463 2,012 2,153
114 0 20 6 16 13 2 9 7 128 25 69 17 26 31 48 32 155 163 0 66 75 68 95
1,138 8 255 174 81 227 82 165 63 1,090 106 661 170 344 425 269 411 1,478 1,638 8 678 765 706 1,019
2,728 34 650 503 221 477 147 556 191 2,604 330 1,652 794 955 2,040 1,047 1,346 4,676 5,411 59 2,730 2,397 2,667 3,537
Persons 16+ by Sex and Employment
Employed Civilians 16+ by Industry Agriculture/Forestry/Hunting/Mining Industry Construction Industry Total Manufacturing Industry Wholesale Trade Industry Retail Trade Industry Transportation/Warehouse/Utilities Industry Information Industry Financial/Insurance/Real Estate/Rent/Lease Industry Professional/Science/Technology/Administratice Industry Management of Companies Industry Administrative/Support/Waste Management Industry Education Services Industry Health Care/Social Assistance Industry Entertainment/Recreactional Services Industry Accomodation/Food Services Industry Public Administration Industry Other Services, Not Public Administration Industry Employed Civilians 16+ by Occupation Management Except Farmer Farmer/Farm Management Business Operations Specialist Financial Specialist Computer/Mathematical Architect/Engineer Life/Physical/Social Science Community/Social Services Legal Education/Training/Library Arts/Entertainment/Sports Health Practitioner/Technician Healthcare Support Protective Services Food Preperation/Serving Building Grounds Maintenance Personal Care/Services Sales/Related Office/Admin Support Farm/Fish/Forestry Construction/Extraction Maintenance Repair Production Transportation/Moving
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Executive Summary The Offering:
Coldwell Banker Commercial—Real Estate Solutions is pleased to present the Jacaranda Professional Center, a Class A professional building scheduled for completion August 2009.
Investment Highlights:
New three story office building situated on 1.6 acres with 23,871 rentable square feet
130 parking spaces
Fully Spinklered
First Floor suites have direct, exterior access
Full service executive suites
240 volt, 600 amp electric service
Specifically designed for medical & professional office suites
Location Highlights:
Easy access off Bear Valley Rd. Less than 1 mile from Spring Valley lake, Victor Valley College & Jess Ranch Marketplace
The Property Jacaranda Professional Centre—12021 Jacaranda Hesperia, CA 92345
Property Specifications Property Type: Class: Building Size: Year Built: # of Stories: Tenants:
Office A 23,871 SF 2009 3 Medical
Price: Lease Price: TBD Per SF Price: TBD
Market Highlights:
Steady population growth from 2001-2008 High demand for professional office and medical services Stable local economy with the steady growth retirement community
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Executive Team
Jason Lamoreaux President Originally moving to the High Desert in 1979, has been involved with real estate and business development for over twenty years. Over the years, he has developed strong ties to the community, which he continues to stay active in. After attending San Diego State University, Jason returned home to open a business in 1991, which was successfully sold in 2000 after growing the company to two hundred and fifty employees, twelve locations with annual revenues in excess of thirty million dollars. In 2001, Jason acquired a failing company in Central California. Applying his business acumen honed in over the previous decade, Jason was successful in turning around the ailing company within months of his acquisition. After increasing market penetration and expansion, and opening additional locations, he successfully sold the company in 2004. While in negotiations in late 2003 to sell his company, Jason incorporated a real estate development company close to home in Apple Valley, California. With the rapid expansion of the development company, and imminent requirement for a brokerage firm and asset management company, Jason expanded the firm to include a full suite of real estate services in 2004. By 2008, with the rapid growth of his real estate organization, Jason realized his firm would benefit greatly by an association with a national real estate firm. After extensive due diligence and inspection of the nations top real estate firms, Jason choose to affiliate with Coldwell Banker Commercial, the nationâ&#x20AC;&#x2122;s leading premier Commercial Real Estate organization, with over five hundred offices nationwide and over one hundred years of experience. Today, Jason enjoys continued success in the Real Estate industry with Coldwell Banker Commercial, which has assembled the top real estate professionals in the community. His continued involvement with family and the community while providing the best services for his clientâ&#x20AC;&#x2122;s keeps him engaged.
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Executive Team
MEHDI MOSTAEDI Senior Vice President Mr. Mostaedi started his real estate investment/development career in 1975 as well as forming National Land Corporation, which blossomed into a $100 million plus business. He came to the High Desert in 1986 as a land developer/investor and became a commercial land broker in 2003. Mr. Mostaedi has over 30 years experience in land acquisition, entitlement, and development. His list of projects range from California to Florida, Oregon, Nevada, Texas and extend to Canada and even the Caribbean in such diverse commercial and residential projects that include Hotel/Resorts, Conference Centers, Shopping Centers, Office Buildings as well as Master Planned Residential Golf Course Communities. Mr. Mostaediâ&#x20AC;&#x2122;s insight into the market has lead to many of his most recent accomplishments, which include the acquisition of land that is now the home of the Adelanto Mavericks Stadium, the 40-acre parcel of land that is the Stater Brothers shopping center on the corner of Highway 395 and Palmdale Road as well as a 25-acre business park in Adelanto, California. Mr. Mostaedi has recently completed the sale and acquisition of a 430-acre Industrial /commercial zoned parcel that runs along Interstate 15 which fronts Victorville and Apple Valley. He has also recently taken part in the acquisition and entitlement of affordable housing apartment developments in the local area. Mr. Mostaedi single-handedly accomplished the largest priced right-of-way acquisition in Nevadaâ&#x20AC;&#x2122;s state history. Mr. Mostaedi takes great pride in sharing his knowledge of land development and management with his clients and assisting them from start to finish making their development into a reality. He provides a wide array of broker services to fit his clientâ&#x20AC;&#x2122;s needs. Mr. Mostaedi graduated with a BS in Mechanical Engineering from West Coast University in 1975 and a Masters in Systems Engineering also from West Coast University.
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Contact Information
Contact Info For more information, please contact:
Jason Lamoreaux President/Broker 15500 West Sand St., 2nd Floor Victorville, CA 92392 Phone: (760) 684-8000 Fax: (800) 599-9582 Mobile: (760) 792-8338
Mehdi Mostaedi Senior Vice President 15500 West Sand St., 2nd Floor Victorville, CA 92392 Phone: (760) 684-8044 Fax: (760) 860-6060 Mobile: (760) 559-6807
Coldwell Banker Commercial Real Estate Solutions 15500 West Sand St., 2nd Floor Victorville, CA 92392 Phone: (760) 684-8000 Fax: (760) 243-9700
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Disclaimer Statement
Disclaimer Statement This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller. The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent. Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing. The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
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