PRICING & FINANCIAL ANALYSIS
7420 woodman ave, Van Nuys, CA 91405
PREPARED FOR
David Shalom
TABLE OF
Contents CONTENTS
SECTION
Property Overview
01
Financial Analysis
02
Comparables
03
Location Overview
04
James Capital Advantage
05
MEET YOUR ADVISORS
MIke HANASSAB Senior Director
ELLIOT HASSAN Senior Director
danny spiwak Associate
7420 Woodman Ave, Van Nuys, CA 91405
7420 WOODMAN AVE
van nuys, ca 91405
SECTION ONE
PROPERTY OVERVIEW
PROPERTY OVERVIEW
DETAILS
Street Address City State Zip Code APN
7420 Woodman Ave Van Nuys CA 91405 2328-035-003
Number of Units
Roof
Pitched
100%
Parking
On-Site
Number of Buildings
1
Zoning
R3
Number of Stories
2
Unit Mix
Occupancy
Water
32 Units
Master-Metered
Rentable Square Feet
16,315 SF
Electric
Individually Metered
Lot Size
26,571 SF
Gas
Individually Metered
Construction
Wood-Frame Stucco
Year Built
1974
(30) Single / 1 Bath (2) 1 Bed / 1 Bath
7420 WOODMAN AVE
van nuys, ca 91405
SECTION TWO
FINANCIAL ANALYSIS
FINANCIAL ANALYSIS
PRICING ANALYSIS
$6,000,000 Price Price per Unit Price per Square Foot
CURRENT
PRO FORMA
3.94%
6.62%
14.01
9.98
Gross Income
$418,175
$585,861
Expenses
$181,933
$188,848
$236,242
$397,013
CAP Rate GRM
$6,000,000 $187,500 $367.76
NOI
This information has been prepared to provide basic, unverified information for prospective purchasers. By accepting this Marketing Brochure, the recipient agrees to release and hold harmless James Capital Advisors, Inc. from any claim, demand, liability or loss arising out, or relating in any way, to the information contained in this Marketing Brochure and from Buyer’s investigation of the property. In no event shall James Capital Advisors, Inc. be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this Marketing Brochure or any information contained herein.
FINANCIAL ANALYSIS
FINANCING
Down Payment
$2,520,000
Loan Amount
$3,480,000
Interest Rate
3.75%
Amortization / Fixed-Period
30 Years / 5 Years
Term
360 Months
CURRENT
PRO FORMA
Debt Service
-$193,397
-$193,397
Pre-Tax Cash Flow
$42,845
Principle Reduction
$63,989
Total Return
$106,835
(1.70%)
$203,616
(8.08%)
$63,989 (4.24%)
$267,606
(10.62%)
FINANCIAL ANALYSIS
INCOME AND EXPENSE ANNUAL
INCOME
CURRENT
PRO FORMA
Base Rental Income
$428,328
Laundry Income
ANNUAL
EXPENSE
CURRENT
PRO FORMA
$601,200
Property Taxes
$70,200
$70,200
$2,697
$2,697
Insurance
$3,400
$3,400
Gross Potential Income
$431,025
$603,897
Electric / Water
$25,003
$25,003
Vacancy Allowance
$12,850
$18,036
Gas
$5,505
$5,505
Effective Gross Income
$418,175
$585,861
Repairs & Maintenance
$16,000
$16,000
Operating Expenses
$181,933
$188,848
Trash
$13,029
$13,029
Net Operating Income
$236,242
$397,013
On-Site Manager
$18,000
$18,000
Management Fee
$17,241
$24,156
Pest Control
$780
$780
Landscaping
$1,800
$1,800
Direct Assessments
$2,975
$2,975
Reserves
$8,000
$8,000
Operating Expenses
$181,933
$188,848
FINANCIAL ANALYSIS
RENT SCHEDULE
PRO FORMA
PRO FORMA
$2.74
$1,800
$2.74
$752
$1.50
$1,550
$3.10
500 SF
$936
$1.87
$1,550
$3.10
Single / 1 Bath
500 SF
$878
$1.76
$1,550
$3.10
5
Single / 1 Bath
500 SF
$812
$1.62
$1,550
$3.10
6
Single / 1 Bath
500 SF
$895
$1.79
$1,550
$3.10
7
Single / 1 Bath
500 SF
$962
$1.92
$1,550
$3.10
8
Single / 1 Bath
500 SF
$878
$1.76
$1,550
$3.10
9
Single / 1 Bath
500 SF
$868
$1.74
$1,550
$3.10
10
Single / 1 Bath
500 SF
$913
$1.83
$1,550
$3.10
11
Single / 1 Bath
500 SF
$926
$1.85
$1,550
$3.10
12
Single / 1 Bath
500 SF
$1,356
$2.71
$1,550
$3.10
12B
Single / 1 Bath
500 SF
$828
$1.66
$1,550
$3.10
14
Single / 1 Bath
500 SF
$1,404
$2.81
$1,550
$3.10
15
Single / 1 Bath
500 SF
$989
$1.98
$1,550
$3.10
16
Single / 1 Bath
500 SF
$878
$1.76
$1,550
$3.10
UNIT #
UNIT TYPE
SQ. FOOTAGE
RENT
RENT PER SF
1*
1 Bed / 1 Bath
657 SF
$1,800
2
Single / 1 Bath
500 SF
3
Single / 1 Bath
4
*Manager’s Unit
RENT
RENT PER SF
FINANCIAL ANALYSIS
RENT SCHEDULE
PRO FORMA
PRO FORMA
$2.75
$1,800
$2.74
$1,384
$2.77
$1,550
$3.10
500 SF
$1,356
$2.71
$1,550
$3.10
Single / 1 Bath
500 SF
$1,304
$2.61
$1,550
$3.10
21
Single / 1 Bath
500 SF
$1,454
$2.91
$1,550
$3.10
22
Single / 1 Bath
500 SF
$987
$1.97
$1,550
$3.10
23
Single / 1 Bath
500 SF
$999
$2.00
$1,550
$3.10
24
Single / 1 Bath
500 SF
$1,684
$3.37
$1,550
$3.10
25
Single / 1 Bath
500 SF
$1,058
$2.12
$1,550
$3.10
26
Single / 1 Bath
500 SF
$878
$1.76
$1,550
$3.10
27
Single / 1 Bath
500 SF
$953
$1.91
$1,550
$3.10
28
Single / 1 Bath
500 SF
$838
$1.68
$1,550
$3.10
29
Single / 1 Bath
500 SF
$1,354
$2.71
$1,550
$3.10
30
Single / 1 Bath
500 SF
$1,027
$2.05
$1,550
$3.10
31
Single / 1 Bath
500 SF
$987
$1.97
$1,550
$3.10
32
Single / 1 Bath
500 SF
$1,554
$3.11
$1,550
$3.10
16,315 SF
$35,696
UNIT #
UNIT TYPE
SQ. FOOTAGE
RENT
RENT PER SF
17
1 Bed / 1 Bath
657 SF
$1,804
18
Single / 1 Bath
500 SF
19
Single / 1 Bath
20
TOTAL
RENT
$50,100
RENT PER SF
7420 WOODMAN AVE
van nuys, ca 91405
SECTION THREE
COMPARABLES
COMPARABLES
SALES COMPARABLES #
ADDRESS
SALE PRICE
# OF UNITS
CAP RATE
GRM
PRICE / UNIT
PRICE / SF
01
14630-14634 Gault Street, Van Nuys, CA 91405
$3,300,000
18 Units
5.85%
12.75
$183,333
$341.12
02
6744 Woodley Ave, Van Nuys, CA 91405
$5,000,000
25 Units
4.11%
13.20
$200,000
$218.25
03
6640 Woodley Ave, Van Nuys, CA 91406
$7,000,000
34 Units
4.14%
13.63
$205,882
$256.82
04
16609 Vanowen Street, Van Nuys, CA 91406
$3,600,000
20 Units
4.36%
13.54
$180,000
$264.55
05
6736 Woodley Ave, Van Nuys, CA 91406
$5,300,000
24 Units
3.63%
14.39
$220,833
$308.25
06
7240 Woodman Ave, Van Nuys, CA 91405
$4,200,000
18 Units
5.10%
13.26
$233,333
$261.52
COMPARABLES
SALES COMPARABLES
01
7420 woodmAN AVE
14630-14634 Gault St
Van Nuys, CA 91405
Close of Escrow
Close of Escrow
oSale Éå í
6744 Woodley Ave
Van Nuys, CA 91405
N/A
02
oSale Éå í
o Éå í Subject
Van Nuys, CA 91405
8/30/2019
Close of Escrow
9/6/2019
List Price
$6,000,000
Sale Price
$3,300,000
Sale Price
$5,000,000
CAP Rate
3.94%
CAP Rate
5.85%
CAP Rate
4.11%
GRM
13.20
GRM Number of Units Year Built
14.01 32 Units 1974
GRM Number of Units Year Built
12.75 18 Units 1965
Number of Units Year Built
25 Units 1963
Rentable Square Feet
16,315 SF
Rentable Square Feet
9,674 SF
Rentable Square Feet
22,909
Price per Square Foot
$367.76
Price per Square Foot
$341.12
Price per Square Foot
$218.25
Price per Unit Unit Mix
$187,500 (30) Single / 1 Bath (2) 1 Bed / 1 Bath
Price per Unit Unit Mix
$183,333 (8) Single / 1 Bath (8) 1 Bed / 1 Bath (2) 2 Bed / 2 Bath
Price per Unit Unit Mix
$200,000 (16) 1 Bed / 1 Bath (9) 2 Bed / 1 Bath
COMPARABLES
SALES COMPARABLES
03
04
oSale Éå í
6640 Woodley Ave
16609 Vanowen St
Van Nuys, CA 91405
Close of Escrow
Close of Escrow
oSale Éå í
6736 Woodley Ave
Van Nuys, CA 91406
8/21/2019
05
oSale Éå í
Van Nuys, CA 91406
4/11/2019
Close of Escrow
1/8/2019
Sale Price
$7,000,000
Sale Price
$3,600,000
Sale Price
$5,300,000
CAP Rate
4.14%
CAP Rate
4.36%
CAP Rate
3.63%
GRM
13.63
GRM
Number of Units Year Built
34 Units 1978
Number of Units Year Built
13.54 20 Units 1973
GRM Number of Units Year Built
14.39 24 Units 1979
Rentable Square Feet
27,256 SF
Rentable Square Feet
13,608 SF
Rentable Square Feet
17,194 SF
Price per Square Foot
$256.82
Price per Square Foot
$264.55
Price per Square Foot
$308.25
Price per Unit Unit Mix
$205,882 (8) Studio / 1 Bath (24) 1 Bed / 1 Bath (2) 2 Bed / 2 Bath
Price per Unit Unit Mix
$180,000 (3) Studio / 1 Bath (15) 1 Bed / 1 Bath (2) 2 Bed / 1 Bath
Price per Unit Unit Mix
$220,833 (2) Studio / 1 Bath (11) 1 Bed / 1 Bath (11) 2 Bed / 1 Bath
COMPARABLES
SALES COMPARABLES
06
oSale Éå í
7240 Woodman Ave Van Nuys, CA 91405
Close of Escrow
1/3/2019
Sale Price
$4,200,000
CAP Rate
5.10%
GRM
13.26
Number of Units Year Built
18 Units 1952
Rentable Square Feet
16,060 SF
Price per Square Foot
$261.52
Price per Unit Unit Mix
$233,333 (2) Studio / 1 Bath (3) 1 Bed / 1 Bath (11) 2 Bed / 1 Bath (2) 3 Bed / 2 Bath
COMPARABLES
RENT COMPARABLES #
ADDRESS
UNIT TYPE
RENT
SQ. FOOTAGE
RENT PER SF
01
6920 Sepulveda Blvd, Van Nuys, CA 91405
Single / 1 Bath
$1,275
450 SF
$2.83
02
14766 Delano St, Van Nuys, CA 91411
Single / 1 Bath
$1,299
400 SF
$3.25
03
13535 Valerio St, Van Nuys, CA 91405
Single / 1 Bath
$1,395
425 SF
$3.28
04
7325 Sepulveda Blvd, Van Nuys, CA 91405
Single / 1 Bath
$1,300
450 SF
$2.89
05
6416 Woodley Ave, Van Nuys, CA 91406
Single / 1 Bath
$1,195
400 SF
$2.99
06
7111 Woodley Ave, Van Nuys, CA 91406
Single / 1 Bath
$1,290
425 SF
$3.04
07
16750 Sherman Way, Van Nuys, CA 91406
Single / 1 Bath
$1,500
500 SF
$3.00
08
7800 Woodman Ave, Panorama City, CA 91402
Single / 1 Bath
$1,350
507 SF
$2.66
09
7800 Woodman Ave, Panorama City, CA 91402
1 Bed / 1 Bath
$1,700
640 SF
$2.66
10
7307 Woodman Ave, Van Nuys, CA 91405
1 Bed / 1 Bath
$1,595
850 SF
$1.88
11
7444 Haskell Ave, Van Nuys, CA 91406
1 Bed / 1 Bath
$1,750
650 SF
$2.69
12
14849 Vanowen St, Van Nuys, CA 91405
1 Bed / 1 Bath
$1,745
625 SF
$2.79
COMPARABLES
RENT COMPARABLES
JAMES CAPITAL ADVISORS, INC.
COMPARABLES
RENT COMPARABLES
01
02
oRent Éå í
6920 Sepulveda Blvd
14766 Delano St
Unit Type
Unit Type
Van Nuys, CA 91405
Monthly Rent Square Footage Rent per Square Foot Year Built Number of Units
$1,275 450 SF $2.83 1961 92 Units
oRent Éå í
13535 Valerio St
Van Nuys, CA 91411
Single / 1 Bath
03
oRent Éå í
Van Nuys, CA 91405
Single / 1 Bath
Unit Type
Single / 1 Bath
Monthly Rent
$1,299
Monthly Rent
$1,395
Square Footage
400 SF
Square Footage
425 SF
Rent per Square Foot Year Built Number of Units
$3.25 1961 18 Units
Rent per Square Foot Year Built Number of Units
$3.28 1978 120 Units
COMPARABLES
RENT COMPARABLES
04
05
oRent Éå í
7325 Sepulveda Blvd
6416 Woodley Ave
Van Nuys, CA 91405
Unit Type
Unit Type
Monthly Rent
$1,300
Monthly Rent
Square Footage
450 SF
Square Footage
Rent per Square Foot Year Built Number of Units
$2.89 1958 40 Units
Rent per Square Foot Year Built Number of Units
oRent Éå í
7111 Woodley Ave
Van Nuys, CA 91406
Single / 1 Bath
06
oRent Éå í
Van Nuys, CA 91406
Single / 1 Bath $1,195 400 SF $2.99 1963 8 Units
Unit Type
Single / 1 Bath
Monthly Rent
$1,290
Square Footage
425 SF
Rent per Square Foot Year Built Number of Units
$3.04 1964 31 Units
COMPARABLES
RENT COMPARABLES
07
08
oRent Éå í
16750 Sherman Way
7800 Woodman Ave
Van Nuys, CA 91406
Unit Type
Unit Type
oRent Éå í
7800 Woodman Ave
Panorama City, CA 91402
Single / 1 Bath
09
oRent Éå í
Panorama City, CA 91402
Single / 1 Bath
Unit Type
Monthly Rent
$1,500
Monthly Rent
$1,350
Monthly Rent
Square Footage
500 SF
Square Footage
507 SF
Square Footage
Rent per Square Foot Year Built Number of Units
$3.00 1976 45 Units
Rent per Square Foot Year Built Number of Units
$2.66 1970 292 Units
Rent per Square Foot Year Built Number of Units
1 Bed / 1 Bath $1,700 640 SF $2.66 1970 292 Units
COMPARABLES
RENT COMPARABLES
10
11
oRent Éå í
7307 Woodman Ave
7444 Haskell Ave
Van Nuys, CA 91405
Unit Type
Unit Type
Monthly Rent
$1,595
Monthly Rent
Square Footage
850 SF
Square Footage
Rent per Square Foot
$1.88
Rent per Square Foot
Year Built
1964
Year Built
Number of Units
16 Units
Number of Units
oRent Éå í
14849 Vanowen St
Van Nuys, CA 91406
1 Bed / 1 Bath
12
oRent Éå í
Van Nuys, CA 91405
1 Bed / 1 Bath $1,750 650 SF $2.69 1963 32 Units
Unit Type Monthly Rent Square Footage Rent per Square Foot Year Built Number of Units
1 Bed / 1 Bath $1,745 625 SF $2.79 1972 31 Units
SECTION FOUR
LOCATION OVERVIEW
LOCATION OVERVIEW
DEMOGRAPHICS
Population
1-Mile
3-Mile
5-Mile
2024 Projection
42,639
384,657
762,554
2019 Estimate
42,177
378,753
752,585
2010 Census
41,052
359,238
723,221
Growth ‘19 - ‘24
1.10%
1.56%
1.32%
Growth ‘10 - ‘19
2.74%
5.43%
4.06%
Households
1-Mile
3-Mile
5-Mile
2024 Projection
12,638
113,186
243,398
2019 Estimate
12,552
111,709
240,703
2010 Census
12,501
107,437
234,057
Growth ‘19 - ‘24
0.69%
1.32%
1.12%
Growth ‘10 - ‘19
0.41%
3.98%
2.84%
Average Income
$67,871
$67,116
$81,180
Median Income
$47,751
$47,317
$57,170
7420 WOODMAN AVE
van nuys, ca 91405
SECTION FIVE
JAMES CAPITAL ADVANTAGE
JAMES CAPITAL ADVISORS
JAMES CAPITAL ADVANTAGE 32
7420 Woodman Ave, Van Nuys, CA 91405
WHO WE ARE OUR BACKGROUND James Capital Advisors, Inc (JCA) is a commercial real estate brokerage firm that specializes in net lease and multifamily investment sales throughout the U.S. JCA was originally founded as “The James Group” in 2012. In 2018, The James Group rebranded as James Capital Advisors and opened up its’s brand new 10,000 square foot campus in Los Angeles, CA. The firm operates on a shared client management platform to avoid duplicate agent outreach. This approach ensures an increased value proposition to each client interaction. Every agent at the firm specializes in either net lease, multifamily or corporate real estate. The firm’s focus on net lease and multifamily stems from the synergy between the two product types. California multifamily sellers account for a significant portion of the net lease buyer pool. The firm is uniquely positioned to execute Southern California multifamily transactions in which the client is seeking net leased properties for their exchange. The firm has experienced tremendous success and explosive growth going from 16 employees to over 60 in the first 18 months of business.
OUR MISSION To utilize cutting edge technology and market expertise to provide the highest quality commercial real estate services. OUR PURPOSE To revolutionize commerical real estate services through innovation and collaboration. OUR CORE VALUES
33
Collaboration
Growth
Transparency
Innovation
7420 Woodman Ave, Van Nuys, CA 91405
WHAT WE DO NET LEASE James Capital Advisors Net Lease division brings two facets of specialization to the table when advising clients. James Capital Advisors is a leader in Tenant/Brand, and Locational expertise providing the highest level of specialization as it relates to analysis and transactional oversight. In a world where tenants are constantly battling the variety of hurdles from fluctuating operational costs to E Commerce competition, it is important to have the guidance of experts to advise on the most strategic course of action, as it relates to individual and portfolio assessment. James Capital Advisors bring a level of expertise as it relates to the location of the properties. Understanding the demographic trends, transitioning locality’s, exposure, and access are key components of adding the expertise and advisory services to clients. Each advisor within the firm primarily focuses on specific geographic territories to provide the level of guidance clients need in the ever changing world of net lease. > PAGE 7
MULTIFAMILY James Capital’s Multifamily division focuses on transactions between 1-20 million in Southern California. Each broker specializes in a specific part of the market in order to provide clients with the level of expertise necessary and an understanding unrivaled on their individual core market. NET LEASE
With the constant changing environment of Los Angeles Multifamily, owners need to be supported by a specialist who understand all aspects of their property and location. As new ordinances are introduced and regulations put in place, the questionable state of the real estate market becomes more important to understand in detail. All JCA professionals are constantly trained and educated to provide this level of detail to each and every owner. A collaborative Multifamily team has also ensured that JCA gets properties sold for the best price as it allows all agents to work internally with each other and together to understand how to leverage each relationship and experiences. > PAGE 13
34
7420 Woodman Ave, Van Nuys, CA 91405
WHAT WE DO CORPORATE REAL ESTATE James Capital Advisors Corporate Real Estate division provides real estate advisory services to public and private corporations, investment banks, private equity firms and sponsors. With 60+ investment professionals geographically focused on US private capital, James Capital Advisors has the unique ability to sell corporate real estate in the US private capital markets. Services • M&A Real Estate Advisory and Execution
• Financing and Debt Sourcing
• Valuation and Portfolio Advisory
• Catch & Release Real Estate Optimization
• Portfolio Sale-Leaseback Structuring & Execution
• Real Estate Tax Advisory
• Private Markets Sale-Leaseback Structuring and Execution (Individual Property Sales) > PAGE 19
TRACK RECORD As a market leader, James Capital Advisors has sold over $5 Billion in value of real estate between Multifamily and Net Lease properties nationwide. Our specialized expertise, platform, and team of purpose-driven advisors guide us in our mission to disrupt the industry, and prove our staying power.
$5 B 2,000 60+ $5 B
TRANSACTION VOLUME
35
2,000+ Properties SOLD
60+
Investment Professionals
7420 Woodman Ave, Van Nuys, CA 91405
MULTIFAMILY
SPECIALIZATION James Capital’s Multifamily division focuses on transactions between 1-20 million in Southern California. Each broker specializes in a specific part of the market in order to provide clients with the level of expertise necessary and an understanding unrivaled on their individual core market. With the constant changing environment of Los Angeles Multifamily, owners need to be supported by a specialist who understand all aspects of their property and location. As new ordinances are introduced and regulations put in place, the questionable state of the real estate market becomes more important to understand in detail. All JCA professionals are constantly trained and educated to provide this level of detail to each and every owner. A collaborative Multifamily team has also ensured that JCA gets properties sold for the best price as it allows all agents to work internally with each other and together to understand how to leverage each relationship and experiences.
Our hyper focus in the Greater Los Angeles multifamily real estate market, backed by the exclusive inventory of our net lease division uniquely positions us to create optimal opportunities for our private capital clients. Niche Expertise Not only do we specialize solely in multifamily properties in the Greater Los Angeles area, but each agent is dedicated to a hyper-specific territory. This ensures that our client receives the best possible service and execution for each listing assignment. Mid-Market Minded We serve the needs of developers, family-owned, private and institutional capital investors. Exclusive Inventory With immediate access to our net lease division, our sellers often utilize our unique 1031 Exchange opportunity. Considering an Exchange? Click Here to fill out a brief survey and one of our advisors will reach out to start the process.
36
7420 Woodman Ave, Van Nuys, CA 91405
MEET OUR
SENIOR LEADERSHIP Mike James
Founder, Managing Director As Founding Member and Managing Director of James Capital Advisors, Mike guides the company in its vision, dedication, work culture, and commitment to success. In his role as Managing Partner and head of the corporate M&A real estate department, he oversees and evaluates all major corporate decisions and institutional accounts. Mike boasts an undeniable track record of success in managing large portfolio saleleaseback transactions. A graduate of the Argyros School of Business and Economics, he shares his expertise with his clients, advising them on matters great and small in the world of commercial real estate mergers and acquisitions. (424) 325-2601 mike@jamescapitaladvisors.com CA RE Lic. 01869890
Wayne Vance Chief Financial Officer
Wayne Vance is JCA’s chief financial officer reporting to CEO Nate Barnes. As CFO, Wayne oversees the accounting, financial planning and analysis, internal audit and tax functions at JCA. Wayne joined James Capital in 2019 and has worked closely with JCA’s senior leadership since his arrival. Wayne has nearly two decades of experince within various industries and a passion for working with high-paced, high-growth companies. He began his career in Silicon Valley as an auditor, growing a start up from $8M to $350M in revenue and 35 to 1,200 employees globally within 6 years. (424) 325-2600 info@jamescapitaladvisors.com
Nate Barnes
Chief Executive Officer As James Capital Advisors CEO, Nate manages the corporate direction and strategy of the company. His responsibilities include sales and marketing leadership, business development strategy, and financial and operational oversight. With degrees in both finance and real estate from California State University, Northridge, Nate’s astute grasp on the real estate market was pivotal in the early expansion and growth of James Capital Advisors. Before signing on with James Capital Advisors, Nate served as the managing partner for Los Angeles-based regional franchise LA Tasty Food, LLC, operating popular brands like El Pollo Loco, Carl’s Jr, and Sbarro. (424) 325-2603 nate@jamescapitaladvisors.com CA RE Lic. 01908103
Mark Richardson Owner, Vice Chairman
An American businessman, real estate expert, and former co-owner of the Carolina Panthers, Mark is a part owner and Vice Chairman of James Capital Advisors and an integral part of the company’s breakaway success. Graduating from Clemson University in 1987, he went on to receive his Master’s of Business Administration from the University of Virginia in 1987 and in 2013 was named a lifetime trustee of Clemson University. Mark is also a shrewd franchise investor, with more than 50 Bojangles’ Famous Chicken ‘n Biscuits restaurants under his proprietorship across the U.S. (424) 325-2600 info@jamescapitaladvisors.com
JAMES CAPITAL ADVANTAGE
EQUITY SPONSOR
Mark Richardson Owner, Vice Chairman
An American businessman, real estate expert, and former co-owner of the Carolina Panthers, Mark is a part owner and Vice Chairman of James Capital Advisors and an integral part of the company’s breakaway success. Graduating from Clemson University in 1983, he went on to receive his Master’s of Business Administration from the University of Virginia in 1987 and in 2013 was named a lifetime trustee of Clemson University. Mark is also a shrewd franchise investor, with more than 50 Bojangles’ Famous Chicken ‘n Biscuits restaurants under his proprietorship across the U.S. At James Capital Advisors, Mark uses his expertise as a professional real estate developer to focus on single-tenant projects in the southeast.
(424) 325-2600 info@jamescapitaladvisors.com www.jamescapitaladivsors.com
In July of 2018, Former Founder & Owner of the NFL’s Carolina Panthers, Mark Richardson, invested a significant amount of capital into JCA.
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Former Owner of the Carolina Panthers
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Extensive Real Estate Portfolio
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50+ Unit Bojangles’ Franchisee
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Lifetime Trustee of Clemson University
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Co-Owner & Vice Chairman of JCA
7420 Woodman Ave, Van Nuys, CA 91405
JAMES CAPITAL ADVISORS
MARKETING CAMPAIGN
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CONTROLLED LISTING
HYPERTARGETING
JCA MASS OUTREACH
Upon execution of the listing agreement, JCA will quietly distribute the offer to a strategically selected group of buyers.
Upon completion of a perfect marketing package, JCA will publish across all platforms and target tier one prospects.
Large-scale digital distribution utilizing our industry-first CRM platform, reaching 250,000+ brokers and principals.
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PREMIUM PLATFORMS
BROKER RELATIONSHIPS
BUYER QUALIFICATION
Coordinated campaigns leveraging our third-party property marketing partners.
JCA maintains strong credibility with all other representatives of buyers across the country.
JCA understand the necessary questions to ask and required terms to achieve a smooth closing process.
7420 Woodman Ave, Van Nuys, CA 91405
JAMES CAPITAL ADVISORS, INC.
DISCLAIMER
The information contained in this Marketing Brochure has been obtained from sources believed to be reliable, but the accuracy or completeness of the information contained therein cannot be guaranteed. James Capital Advisors, Inc. (“Broker”) has not, and will not, verify any of this information, nor has Broker conducted, nor will it conduct, any investigation regarding these matters. Broker makes no representations, guarantees, or warranties of any nature about the accuracy or completeness of any information provided. The information provided in this brochure is in no way a substitute for a thorough due diligence investigation by Buyer. Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to income and expenses for this property nor the future financial performance of the property. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties as to the size and square footage of the property, the presence of any contaminating substances at the property, the physical condition of the property or compliance with any State, Local or Federal regulations. In addition, Broker has made no investigation of, and has made no representations, guarantees, or warranties of any nature, with regard to the financial condition or future financial condition of any tenants, nor any future plans or intentions of tenants with regard to the continued occupancy of the property. All parties are aware that Broker has no affirmative obligation to conduct a due diligence examination of the property for any Buyer. Any and all projections or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. Therefore, Broker assumes no legal responsibility for accuracy or completeness of this information, and expressly disclaims all representations, guarantees, or warranties related thereto. The value of the property to any Buyer depends on numerous factors that must be evaluated by Buyer and Buyer’s legal, tax, construction, and financial advisors. Buyer and Buyer’s advisors should conduct a thorough, independent investigation of the property to determine its suitability for Buyer’s intended usage. This investment, as with all real estate investments, carries a substantial risk. As such, Buyer and Buyer’s legal and financial advisors are strongly advised to request and review all legal and financial documentations related to the property and tenants. A tenant’s past performance is not a guarantee of future performance. The lease rate stated for some properties may be based on a tenant’s projected sales with little or no record of actual performance or comparable rents for the area in question. Returns are in no way guaranteed. Tenants may fail to pay the rent or property taxes or any other tenant obligations under the terms of the lease or may default under the terms of such lease. Regardless of tenant’s history of performance, and/or any lease guarantors and/or guarantees, Buyer is responsible for conducting Buyer’s own investigation of all matters related to any and all tenants and lease agreements. Broker is not, in any way, responsible for the performance of any tenant or for any breach or default by any tenant of any terms of any lease agreement related to the property. Further, Buyer is responsible for conducting Buyer’s own independent investigation of all matters related to the value of the property, including, but not limited to, the value of any long-term leases. Buyer must carefully evaluate the possibility of tenants vacating the property or breaching their leases and the likelihood and financial impact of being required to find a replacement tenant if the current tenant should default and/or abandon the property. Buyer must also evaluate Buyer’s legal ability to make alternate use of the property in the event of a tenant abandonment of the property.
CONFIDENTIALITY This Marketing Brochure and the information contained within, is propriety and strictly confidential. It is intended to be used only by the party receiving it from Broker. It should not be made available to any other person or entity without the express written consent of Broker.
RELEASE This Marketing Brochure has been prepared to provide basic, unverified information for prospective purchasers. By accepting this Marketing Brochure, the recipient agrees to release and hold harmless Broker from any claim, demand, liability or loss arising out, or relating in any way, to the information contained in this Marketing Brochure and from Buyer’s investigation of the property. In no event shall James Capital Advisors, Inc. or Broker be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this Marketing Brochure or any information contained herein.
NON-ENDORSEMENT Broker is not affiliated with, endorsed by or sponsored in any way by any tenant or lessee identified in this Marketing Brochure. The presence of any entity’s logo or name is not intended in any way to indicate affiliation, sponsorship or endorsement by said entity of Broker.
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7420 Woodman Ave, Van Nuys, CA 91405
FOR INQUIRIES
PLEASE CONTACT
mike hanassab
elliot hassan
danny spiwak
(424) 325-2642
(424) 325-2643
(424) 325-2645
Senior Director
mike.hanassab@jamescapitaladvisors.com CA RE Lic. 01484891
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Senior Director
elliot.hassan@jamescapitaladvisors.com CA RE Lic. 01481211
Associate
danny.spiwak@jamescapitaladvisors.com CA RE Lic. 02031346
7420 Woodman Ave, Van Nuys, CA 91405