Skip to main content

7420 Woodman Ave

Page 1

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.

38

•

Former Owner of the Carolina Panthers

•

Extensive Real Estate Portfolio

•

50+ Unit Bojangles’ Franchisee

•

Lifetime Trustee of Clemson University

•

Co-Owner & Vice Chairman of JCA

7420 Woodman Ave, Van Nuys, CA 91405


JAMES CAPITAL ADVISORS

MARKETING CAMPAIGN

WEEK

WEEK

01

02

03

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.

WEEK

WEEK

WEEK

04

39

WEEK

05

06

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.

40

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

41

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


Turn static files into dynamic content formats.

Create a flipbook
7420 Woodman Ave by jamescapitaladvisors - Issuu