3609 HAYDEN AVENUE CULVER CITY, CA 90232 · 2018. 10. 25. · 3609 HAYDEN AVENUE. CULVER CITY, CA 90232. No warranty or representation is made to the accuracy of the foregoing information

3609 HAYDEN AVENUECULVER CITY, CA 90232

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

6053 BRISTOL PARKWAY CULVER CITY, CA FOR SALE

YOUR NAME

6053 BRISTOL PARKWAY,CULVER CITY, CA 90230

±12,100 SF

$7,562,500 ($625 psf)

Can be delivered with second floor vacant or all vacant

3.4 : 1,000 SF

Approximately $0.18 per square foot ($2,177.28 per month)

• Built in 1980 and designed to be easily divisible.• Two story modern office building complete with

kitchens and restrooms on each floor.• Occupy one floor and rent out the other.• Similar spaces in the park rent between $3.00-$3.25 per

square foot, modified gross.• Polished concrete on the first and second floor.• Part of a condominium project known as Park Place

Business Center.• Centrally located at the foot of the Marina Fwy with easy

access to the 405 Fwy and adjacent to the Culver City Mall.

• Gorgeous views from second floor offices.

PREMISES

PRICE

OCCUPANCY

PARKING

ASSOC. DUES

FEATURES

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

ENTRANCE STORAGE ELEC.

6053 BRISTOL PARKWAY, #100CULVER CITY, CA 90230

ENTRANCE

OUTDOOR PATIO

CONFERENCE ROOM

OUTDOOR PATIO

WOMEN MEN

12,100 Square Feet

PURCHASE ASSUMPTIONS: LEASE ASSUMPTIONS:Per Sq. Ft.

Purchase Price $625.00 $7,562,500 Lease rate per square foot per month $3.00SBA Fees (Financed) $84,000 Lease rate per month $36,300Total Project Cost $7,646,500

START-UP COSTS START-UP COSTSCash down payment (10%) $756,250 Prepaid lease payment and security deposit $72,600

MONTHLY COSTS Per Sq. Ft. Amount MONTHLY COSTS Per Sq. Ft. AmountMonthly Payment $3.361 $40,662 Lease payment $3.000 $36,300Association Dues $0.180 $2,178 NNN Fees $0.550 $6,655Property Taxes $0.573 $6,932Insurance $0.063 $756Total Monthly Costs $4.176 $50,529 Total Monthly Costs $3.550 $42,955

MONTHLY OWNERSHIP BENEFITS MONTHLY LEASE BENEFITSPer Sq. Ft. Amount

Monthly Depreciation estimate $0.427 $5,171 Monthly depreciation estimate: $0.00Property Tax Benefit $0.229 $2,773 Property Tax Benefit $0.00Interest Deduction $0.955 $11,555 Interest Deduction $0.00Total Ownership Benefits $1.612 $19,499 Total Ownership Benefits $0.00

TOTAL EFFECTIVE MONTHLY COST $31,029 TOTAL EFFECTIVE MONTHLY COST $42,955

Benefits of owning include: equity growth, control of costs, cash flow, tax benefits, and retirement investment.

Property Taxes: Estimated at 1.1% of purchase priceInsurance: Based on $10,000 estimated property insurance.Depreciation: Estimated based upon 80% allocation of purchase price to building cost and 40% tax bracket. Property Tax Benefit and Interest Deduction: Estimated at 40% tax bracket.Owner's Equity: Estimated equity after 3 years would be $701,248 (assumes annual appreciation at 3%; plus initial equity injection).

Appreciation Benefits of OwnershipRate of Assumed Appreciation per Year 3%

Appr Value Year 1 7,789,375



Total Project Cost $7,646,500 Note that interest rates vary from month to month andCash down payment: 10% of Purchase Price $756,250 loan terms differ from one lender to another.Amount financed (includes SBA fees) $6,974,250 Monthly payment $40,662

• The SBA 504 program provides 90% financing by combining a loan from a regular bank for 50% of the total loan amount and a loan from the SBA for 40% of the total loan amount (plus financed SBA loan fees). The buyer provides a 10% cash down payment.

SBA Financing 1st Mortgage by Bank 2nd Mortgage by SBALoan Amount $3,781,250 $3,025,000Interest Rate 5.00% (estimate) 5.21% (Oct '18)Amortization in years 25 year amortization 25 year amortizationPercent of Total Loan Amount 50% of total 40% of totalLoan Fee $37,813 1.00% (estimate) $84,000 2.65% + $3,000 legal feeMonthly Payment $22,105 $18,557 (includes SBA fees)

For more information, please contact:

Carly Naples213-369-9947

• OWN • • LEASE •

• SBA 504 FINANCING PROGRAM •

LEASE VS. OWN COMPARISONAddress: 6053 Bristol Parkway, Culver City, CA 90230

Property Size:

LOCAL EXCHANGE CARRIER ATT SERVING CENTRAL OFFICE LSANCA07DS0�DISTANCE FROM CO feet NPA-NXX 310-665

60 - 90 Days30 - 35 Days7 - 10 Days

3X3Mb T1s 30 - 45 Days3 - 5 Days 3 - 5 Days3 - 5 Days 3 - 5 Days30 - 45 Days 30 - 45 Days7 - 14 Days 7 - 14 Days

1 - 7 Days7 - 10 Days1 - 7 DaysTBA1 - 4 Days1 - 3 Days

There is active fiber already lit in this building, but new services will take 60 -90 days to setup.

(310) 492-4010

Christina ThurstonTenant Telecom Advisors

6053 Bristol Parkway, Culver City, CA, 90230CREATED FOR

Newest technology. All hosted platformISDN PRI

9,185

COMPANY

T1/NXT1FIXED WIRELESS

Not AvailableNot Available

AVAILABLE CARRIERS

CATEGORY LIT MRC SPEEDS DESCRIPTIONINSTALL TIME RATINGSERVICE

ACC|

DEDI

CATE

D

INTE

RNET

EOC

FIBER

AVAILABLE CARRIERS

10M-1Gb+1.5M-5M1M-100M

$399+$214-$978$179+Not Available

$40+Per User

Old Technology. Includes Cisco RouterRooftop Microwave Wireless, ethernet handoffEthernet over bonded Copper

All Access to everything Microsoft from any computerSD WAN Software-defined wide area network

$300-$500$20-$30 EaHOSTED PHONES

POTS LINES

AVAILABLE CARRIERS

SHAR

ED

INTE

RNET

Lee & Associates

NO

TES

Dedicated, Full SLA, most reliable

Analog lines/PRI/2K LD. 30 IPs, 100 DIDs & local callingPlain old telephone line. Fax line. Old Technology

CLO

UD

SIP TRUNKS

VOIC

E &

INTE

GRAT

ED

FLEX VOIP

$10-$30 Ea

Construction Cost Too High!

DISASTER RECOVERYCLOUD SERVER

DATA SECURITYREMOTE DESKTOP Access you files on any device.

Virtual Firewall & encrypted storageSafeguard your data.Flexible and usage based cost

$22 Per User

This report contains sample pricing. We are always guaranteed the lowest rates with every provider, and our customers enjoy an average savings of 30%. Terms and conditions subject to change. Tenant Telecom Advisors provides a free Telecom Concierge service. If you have any questions about this

report, or would like a free consultation, please contact Christina Thurston.

www.teamtta.com

Airespring|Centurylink|Earthlink(Windstream)|Level(3)|Nitel|Spectrum|TPX|Zayo|

8x8|Airespring|Centurylink|Five9|Fusion|Intermedia|Jive|Megapath|Mitel|Star2Star|Vonage|

Airespring|Centurylink|Evolve IP|inContact|Rapidscale|

[email protected]

$50 Ea

Uverse

Old technology Digital trunks off a T1 circuitNo equipment needed. Affodable & greater security

$571+

AVAILABLE CARRIERS

$15+ per Gb RAM$60+Complex

BUSINESS CABLEBUSINESS DSL

Not Available

nolit

nolit

Fiberlit

TELECOM AVAILABILITY REPORT

SITE PLAN Lasker Kim & Co. LLP

Consumer Affairs Bureau

of Automotive

Repair

SCRIPT DASH

FORSALE

Under Construction

NEARBY COMPANIES SYMANTEC

ENPLUG

DIGITAL WAYBILL

PUNCH STUDIOS

SONY

SONY NETWORK ENTERTAINMENT UNIVISION

ORACLE

B17 Entertainment

6053 BRISTOL PKWY

X Prize AMPLE

HEALTHY SPOT HEADQUARTERS

6053 Bristol Pkwy

HIT THE MALL 1.  Crème De La C r e p e 2.  Bj’s Restaurant 3.  Five Guys 4.  J a m b a Juice 5.  Olive G a rd e n 6.  Starbucks 7.  Yen Sushi 8.  Lucille’s BBQ & Grill 9.  Full Food Court

5

PARK PLACE BUSINESS PARK

4 1 7 6

9 8 2 3

F Ronald Rader, SIOR310.899.2743

[email protected]#: 00452728

BRE 01222000No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice.

Alex Rivera310.899.2742


Gage Danley310.899.2749


Documents

3609 HAYDEN AVENUE CULVER CITY, CA 90232 · 2018. 10. 25. · 3609 HAYDEN AVENUE. CULVER CITY, CA 90232. No warranty or representation is made to the accuracy of the foregoing information