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8/14/2019 BR - Fountain Valley - Email
1/12
FREESTANDING RETAIL BUILDINGFOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
EXCLUSIVE INVESTMENT OFFERING
FEATURES: Prime Harbor Boulevard Retail Location Approximately 50,000 Cars Per Day Signalized Intersection Access Low Cost Per Square Foot ($226 PSF) Large Lot - Approximately 34,220 Square Feet Multiple Reuse Scenarios
EXCLUSIVELY OFFERED BY:
Jon SelznickPacific Commercial Investments, Inc.3700 Campus Drive, Suite 201ANewport Beach, California 92660Phone: (949) 723-5800 | Fax: (949) 723-5801Email:[email protected]
8/14/2019 BR - Fountain Valley - Email
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
CONFIDENTIALITY
This is a confidential marketing profile (the "Profile") intended solely for your limited use and benefit in
determining whether you desire to express further interest in purchasing the "Property", located in
Fountain Valley, California.
This Profile has been prepared by Pacific Commercial Investments, Inc. ("PCI") on behalf of the owner of
the Property (the "Owner") and has been reviewed by representatives of the Owner. It contains select
information pertaining to the Property and does not purport to be an all-inclusive representation of the
state of affairs of the Property, or to contain all the information, which prospective investors may require.
All financial projections and information are provided for general reference purposes only and are based
on assumptions relating to the general economy, market conditions, competition and other factors beyond
the control of the Owner and PCI. The information contained herein was obtained from third parties, and
it has not been independently verified by PCI. Prospective investors should have the experts of their
choice inspect the Property and verify all information. PCI is not qualified to act as or select experts with
respect to legal, tax, environmental, building construction, soils-drainage or other such matters. Therefore,
all projections, assumptions and other information provided and made herein are subject to material
variation. Neither the Owner nor PCI, nor any of their respective directors, officers, affiliates or
representatives make any representation or warranty, expressed or implied, as to the accuracy of
completeness of this Profile or any of its contents, and no legal commitment or obligation shall arise by
reason of your receipt of this Profile or use of its contents.
The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or
offers on the subject Property, and/or to terminate discussions with any entity at any time with or without
notice which may arise as a result of review of this Profile. The Owner shall have no legal commitment
or obligation to any entity reviewing this Profile or making an offer on the Property unless and until
written agreement(s) for the Property have been fully executed, delivered and approved by the Owner and
any conditions to the Owner's obligations therein have been satisfied or waived.
By receipt of this Profile, you agree that this Profile and its contents are of a confidential nature, that you
will hold and treat it in the strictest confidence and that you will not disclose this Profile or any of its
contents to any other entity without prior written authorization of the Owner or PCI. You also agree that
you will not use this Profile or any of its contents in any manner detrimental to the interest of the Owner
or PCI.
PCI reserves the right to submit the Property to additional clients on terms that may or may not be
identical to the terms contained herein. By receipt of this Profile, you acknowledge that competing
interests may develop in connection with offers on the Property, and waive any conflict of interest thatmight arise as a result thereof. In such case, PCI expressly disclaims any obligation to advance the
interest of any client at the expense of any other client who may receive this Profile. Dealings with each
client shall remain strictly confidential and in no case will PCI disclose the terms of any actual or
potential offer to any competing client.
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
PROPERTY INFORMATION
The subject property is currently used as a carpet and flooring store and is an approximately 13,249
square foot, divisible, single story, freestanding commercial building. This is inclusive of:
Approximately 2,300 square foot office area with 4 private offices, open reception area,kitchen / break room and restrooms
Approximately 7,300 square foot showroom Approximately 2,949 square foot storage area (possible showroom expansion) Approximately 700 square foot warehouse (13' clear) includes two (2) electric operated
20'w x 10'h grade level loading doors, plus one interior 6'w x 10'h loading door and
restroom Ceiling height is 10' throughout with the exception of the above referenced warehouse area Fenced rear yard / parking lot
There is a 15 wide easement for ingress/egress across the adjacent property to the south which provides
access to the signalized intersection at Harbor Boulevard and Lilac Avenue.
Easement
HarborBoulevard
Lilac Avenue
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FREESTANDING RETAIL BUILDINGFOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
INVESTMENT INFORMATION
Property Information:
Address: 15945 Harbor Boulevard, Fountain Valley, CA 92708
Location: NWC Harbor Boulevard & Lilac Avenue
Tenant: To Be Delivered Vacant
Year Built: 1973
Land: Approx. 34,220 Square Feet
Improvements: Approx. 13,249 Square Feet
Construction: Concrete Block
Cars Per day: 49,099 Cars Per Day (Harbor & Lilac)Parking: 33 Spaces
APN: 108-671-04
Financial Information:
Price: $3,000,000
Price/Building Sq. Ft. $226.43
Terms: All Cash, Cash to New Loan
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
AREA RETAILERS
The property is located in the heart of central Orange County at the signalized intersection of Harbor
Boulevard and Lilac Avenue, between Edinger Avenue and McFadden Avenue in Fountain Valley. Trade
area retailers include La Curacao, Bank of America, Walgreens, Taco Bell, Dollar Tree, GameStop,
Kragan Auto Parts, Wal-Mart, El Super, Northgate Market, Ross Dress For Less, Banco Popular,
Starbucks Coffee, and McDonalds.
Subject Property
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteedas to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
OPPORTUNITY
This opportunity allows for either owner/users or creative, value-minded investors willing to explorerepositioning options to purchase a freestanding retail building on a prominent retail corridor in OrangeCounty.
The allowable C1 commercial uses are vast (CUP required for some uses), therefore the reuse possibilitiesprovide opportunities to attract a wide variety of potential tenants.
Potential repositioning of the asset could include reducing the square footage, even creating a drive aisleon the north side of the premises, allowing for more parking and thus greater tenant use possibilities.Additionally, a multi-tenant repositioning could provide for more use flexibility and cash flowdiversification.
At a cost of just $226 per square foot, the subject property provides significant value compared tocomparable sales of freestanding retail properties in similar Orange County locations. Even with areduced square footage repositioning scenario, the cost per square foot will be significantly morefavorable and than comparable sales.
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
should conduct its own independent investigation and consult an attorney. As of February 20
PROPERTY PHOTOS
Showroom Interior Showroom Interior Showroom Inte
Showroom Interior Front Office (In Showroom) Hallway in Rea
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
should conduct its own independent investigation and consult an attorney. As of February 20
PROPERTY PHOTOS
Break Room in Rear Office Reception Area of Rear Office Inventory Stor
Inventory Storage Room Exterior Storage (Behind Roll Up Doors) Exterior Storag
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to its
should conduct its own independent investigation and consult an attorney. As of February 20
PROPERTY PHOTOS
Roll Up Doors in Back of Building Rear Yard / Parking Area View from Rea
Exterior Storage Exterior Storage (Back Door to Showroom) View to Harbo
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
PARCEL MAP
NNNOOORRRTTTHHH
LILAC
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
AERIAL PHOTOS
Subject Property
Future School
La Curacao Center
Subject Property
Wal-Mart
BBQ Restaurant
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FREESTANDING RETAIL BUILDING
FOUNTAIN VALLEY, CALIFORNIA
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed
as to its accuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney.
As of February 2008.
MAPS
Subject Property
Subject Property