6486 Florin Perkins by Darvishian Group

6486 Florin perkins Road SACRAMENTO, CA

FOR SALE ±12,750 SF Industrial Building with Yard | $137 PSF Below Replacement Cost APPROVED CUP FOR MANUFACTURING AND DISTRIBUTION

OFFERING MEMORANDUM

CONFIDENTIALITY DISCLAIMER 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 Shaw Equity Inc. and Darvishian Investment Group and should not be made available to any other person or entity without the written consent of Darvishian Investment Group. 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. Shaw Equity Inc. and Darvishian Investment Group 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, Shaw Equity Inc. and Darvishian Investment Group has not verified, and will not verify, any of the information contained herein, nor has Shaw Equity Inc. and Darvishian Investment Group 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. NON-ENDORSEMENT NOTICE Shaw Equity Inc. and Darvishian Investment Group is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Darvishian Investment Group, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Darvishian Investment Group, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. NET-LEASED DISCLAIMER Shaw Equity Inc. and Darvishian Investment Group hereby advises all prospective purchasers of Net Leased property as follows: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Shaw Equity Inc. and Darvishian Investment Group has not and will not verify any of this information, nor has Shaw Equity Inc. and Darvishian Investment Group conducted any investigation regarding these matters. Shaw Equity Inc. and Darvishian Investment Group makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Shaw Equity Inc. and Darvishian Investment Group expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs.

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Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property. By accepting this Marketing Brochure you agree to release Shaw Equity Inc. and Darvishian Investment Group Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Shaw Equity Inc. and Darvishian Investment Group has not verified, and will not verify, any of the information contained herein, nor has Shaw Equity Inc. and Darvishian Investment Group 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.

N 6486

Florin Perkins Rd

CONFIDENTIALITY

INVESTMENT OVERVIEW

PROPERTY OVERVIEW

INTERIOR PHOTOS

FINANCIAL OVERVIEW

DEMOGRAPHICS

CONTACT INFORMATION

INVESTMENT OVERVIEW The Darvishian Group is pleased to present for sale 6486 Florin Perkins Road, a 12,750 square foot Industrial Warehouse in Sacramento, CA. The property sits on a 42,384 square foot lot, within an industrial business park. The improvements consist of a single story 20’ ceiling height warehouse, two private offices, two restrooms, 14,500 square feet of enclosed yar and two roll up doors that acces the open warehouse space. The entire business park is professionally managed and well maintained by on-site property management, which maintains the common area with an association fee of just $250 per month. The subject property is centrally located in Sacramento’s active business district and is in close proximity to highways 50 and 99. This submarket averages 5.3 % in industrial vacancy , proving a very strong industrial sub-market. Additionally, the property is located in the California Cannabis “Green Zone”. Currently, there is an active CUP with the city of Sacramento allowing an owner to obtain a Cannabis business license for this location (contact agent for details).

INVESTMENT HIGHLIGHTS •

Approved CUP for manufacturing and distribution

•

$137 per square foot

•

15 parking spaces a ratio of 1.18/1000 sf

•

Large paved and fenced yard

•

400 sf office with two restrooms

•

Two 12’x 14’ grade lever doors

•

17’ minimum clear height

•

Sprinkler System

•

400 AMP Power | 3 phase power

After California’s legalization of adult marijuana use in 2016 with the passage of Proposition 64, demand from tenants with marijuana growing operations for small to midsized spaces has noticeably increased. Recreational sales of marijuana began in Sacramento on January 1, 2018, and the city received hundreds of applications for cannabis-related businesses. This is an excellent opportunity to own your own building with a low initial investment that offers huge tax benefits, depreciation, and low expenses. With only a 10% down payment, a new owner can secure a SBA 504 loan with a monthly mortgage of $8,458- fixing the interest rate and occupancy costs for up to 25 years at historic low rates.

FedEx SmartPost Dominquez Landscaping

6486

Florin Perkins Rd

Rainbow Autobody Parts Best Speed Baseball Academy

Imperial Truck & Trailer Repair

Ampac Services Mickyâ&#x20AC;&#x2122;s Truck Repair

American Building Supply Car Spot Auto Sales

Sacramento Auto Body & Paint

Snyir Inc

PakSource Inc

E LD

PROPERTY OVERVIEW PARCEL MAP

LOCATION ADDRESS

6486 Florin Perkins Road

CITY, STATE, ZIP

Sacramento, CA 95828

COUNTY Sacramento

INVESTMENT PRICE $1,750,000 PRICE PER SQUARE FOOT

$137

SALE TYPE

Owner/User or Investment

TENANCY

Single or Multi-Tenant

BUILDING YEAR BUILT

2006

CONSTRUCTION

Metal, Steel Frame & Stucco

BUILDING SIZE

±12,750 SF

LAND LOT SIZE

±42,384 SF

ASSESSOR’S PARCEL NUMBER

064-0010-152

ZONING M-2S SPECIAL ZONING

CUP In Place CLICK HERE FOR ZONING MAP

Snyir Inc

Windsor Door Co of Sacramento Longevity Health and Fitness Academy

PakSource Inc SUBJECT PROPERTY 6486 Florin Perkins RD

Best Speed Baseball Academy

PHOTOS INTERIOR

FINANCIAL OVERVIEW OVERVIEW PRICE $1,750,000 GROSS LEASABLE AREA Â±12,750 SF LOT SIZE 42,384 SF YEAR BUILT 2006 PRICE PER SQUARE FOOT BUILDING $137 PRICE PER SQUARE FOOT LAND $41 PARKING 15 SPACES 1.18/1000 SF

ANNUALIZED OPERATING DATA MARKET RENT PSF ASK $1.00 ANNUALIZED RENT $153,000 LEASE TYPE NNN NET OPERATING INCOME $153,000 PRO-FORMA CAP RATE 8.74% ASSOCIATION FEE $0.02 PSF Association Fees include: Common area maintenance, insurance, repairs, utilities, and management.

LEASE SUMMARY ADDRESS 6486 Florin Perkins Road ASSOCIATION Elder Creek Owners Association SUB-MARKET Power Inn Industry PARCEL NUMBER 064-0010-152 COUNTY Sacramento ZONING M-2s STATE California CBCSA Sacramento - Rosenville-Arcade, CA ZIP CODE 95228 OPPORTUNITY ZONE Yes

OWNER/USER INVESTMENT PROPOSED SBA 504 LOAN STRUCTURE • • • • •

90% financing - minimum 10% down payment No additional collateral - the project assets being financed are used as collateral with no lien on residence necessary Fixed interest rate - 20/25 years, fully amortized No maximum total project amount - finance a project upwards of $20 million Unlimited loans for manufacturer’s projects - a borrower can secure multiple 504 loans with no aggregated lending cap (up to $5.5M max debenture for each project) if they are a manufacturer. If the project meets SBA’s “green” standards the aggregate cap is $16.5M

Mark Hogan SBA Loan Expert

Free prequalification for any prospective borrower upon receipt of a complete financial package. www.cdcloans.com

Direct: (714) 918-0998 Cell: (949) 632-0275 mhogan@cdcloans.com

Use of Proceeds Building Acquisition Tenant Improvements

$1,750,000 $0

Equipment

TOTAL PROJECT COSTS

$1,750,000

SOURCE OF FUNDS

AMOUNT

RATE

MATURITY (YEARS)

COLLATERAL

LENDER

50.0%

$875,000

4.00%

10 FIXED

1ST TRUST DEED

$4,619

$55,423

2ND TRUST DEED

$3,839

** $46,069 **

$8,458

$101,492

SBA 504 LOAN

40.0%

$700,000

* 3.63%

BORROWER

10.0%

TOTAL

100.0%

MONTHLY PAYMENT

ANNUAL PAYMENT

25 AMORTIZED 25 FIXED 25 AMORTIZED

$175,000 $1,750,000

Estimated Fees: Varies depending on lender pricing and policy. *SBA 504 origination fees are 2.65% of the SBA loan amount, plus a legal fee. These charges are financed within the loan. ** SBA 504 Regulatory Fees are incorporated into the monthly and annual debenture loan payments in this presentation. Related Cost: Appraisal, environmental reports, and other soft costs can be financed or paid out of pocket for most projects. Estimated Rates: Varies depending upon lender (rate is estimated for this presentation). The SBA 504 Note Rate is not determined until funding of the Note. The Effective Rate shown here is based on current rates; your rate may be different. The Effective Rate is based in part on a calculation of the amount paid over the life of the loan. The calculation provided in this document is made with no representation or warranty that this is the amount to be paid under your loan. Please confirm all information and calculations. 11

SACRAMENTO, CALIFORNIA

DEMOGRAPHICS

One of the most historic cities in California, Sacramento boasts an impressive array of landmarks, parks, amenities and other must-see points of interest. Here you’ll find a handful of iconic features to the City. Sacramento Landmarks include, California State Capital, Tower Bridge, City Historic Cemetery, Guy A West Memorial Bridge, American River and Sacramento River.

POPULATION

1 MILE

3 MILE

5 MILE

2018 TOTAL POPULATION:

1,925

96,227

356,564

2023 POPULATION:

2,161

100,905

375,169

POP GROWTH 2018-2023: 12.26% 4.86% 5.22%

Sacramento is the capital city of the U.S. state of California and the seat of Sacramento County. Located at the confluence of the Sacramento River and the American River in Northern California’s Sacramento Valley, it is the sixth-largest city in California and the ninth largest capital in the United States. Sacramento is the seat of the California Legislature and the Governor of California, making it the state’s political center and a hub for lobbying and think tanks. Sacramento is also the cultural and economic core of the Sacramento metropolitan area.

AVERAGE AGE:

HOUSEHOLDS

36.40

35.80

1 MILE

3 MILE

5 MILE

2018 TOTAL HOUSEHOLDS: 710

30,492 117,698

HH GROWTH 2018-2023:

12.39%

4.94%

MEDIAN HOUSEHOLD INC:

$39,446 $43,786 $51,397

AVG HOUSEHOLD SIZE:

2.40

3.10

3.00

2018 AVG HH VEHICLES:

2.00

1 MILE

3 MILE

5 MILE

MEDIAN HOME VALUE:

$302,513

$224,237

$277,153

MEDIAN YEAR BUILT:

1995

1975

1976

HOUSING

46.00

5.09%

5 MI RADIUS 3 MI RADIUS SIT

6486 Florin Perkins RD, Sacramento, CA 95828

www.darvishiangroup.com Pasha Darvishian Managing Partner BRE Lic No 01397162 Pasha@darvishiangroup.com +1 949 396 1075 Direct Jon Hauso Vice President Investments BRE Lic No 02003482 Jon@darvishiangroup.com +1 949 396 1028 Direct

Ben Faubion Associate Director BRE Lic No 01946163 BFaubion@ngkf.com +1 916 569 2361 Office +1 916 899 738 Cell