Shiloh Regional Center Pad Building for Sale · Gravevine, Texas. It is the worlds largest video : game retailer, operating over 5,700 stores across 14 countries, and offers the best

OFFERING PRICE: $6,880,000Actual Cap Rate: 4.54%Proforma Cap Rate: 5.17%

Shiloh Regional Center Pad Building for Sale6560 Hembree Lane, Windsor, CA

The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.

Marshall Kelly, Associate Broker1355 N Dutton Ave., Santa Rosa, CA 95401

(707) 528-1400 Fax: (707) 524-1419Lic #: 00801883

[email protected]

OFFERING SUMMARYSHILOH REGIONAL CENTER, PAD BUILDING #6

PROPERTY TYPEPAD Building within the Shiloh Regional Center

ADDRESS6560 Hembree Lane, Windsor CA

BUILDINGBuilding #6

LOT SIZE1.08± Acres

PARCEL #APN 163-280-018

SQUARE FOOTAGE8,700± SF

OFFERING PRICE6,880,000

PRICE PER SQUARE FOOT$790

OUTDOOR PATIOS1,500± SF

CAPITALIZATION RATE4.54% actual / 5.17% proforma

SCHEDULED GROSS INCOMEProjected $348,918

NET OPERATING INCOMEProjected $355,732

YEAR BUILT2008

PROPERTY IMPROVEMENTS1 Story

CONSTRUCTION TYPEConcrete and Wood Construction with stucco exterior

# OF UNITS5 units

PARKING RATES5/1000

ZONINGPD (Planned Development) with underlying zoning GC (Gateway Commercial)

RETAIL TENANTSPanda Express, Game Stop, Sally’s Beauty. Flavor Burger, Taqueria California, & miscellaneous other retail tenants (not a part) within the Center



INVESTMENT ANALYSIS � 100% Leased Multi-Tenant Building � Part of Windsor’s major regional shopping centers comprising of 344,000 sft with Walmart, Home Depot, and Office Depot

� Just off Highway 101 approximately 61,000 cars daily � Off ramp and Hembree Lane entrance to center with approximately 25,000 cars per day.

� Building Constructed in 2008

PARCEL MAP



RENT ROLLS (2020-2024) & NNN (2020)

TENANTS LEASE SIGN DATE

NEW COMMENCE & EXPIRED

DATE

TERM & OPTION

LEASE SF

SPACE

RATIO SHARE

2020 BASE RENT

2021 BASE RENT

2022 BASE RENT

2023 BASE RENT

2024 BASE RENT 2020 NNN

Taqueria California 7/1/2019 7/1/2019 7 Years $1,750 20.71% $4,375.00 $5,162.50 $5,337.50 $5,512.50 $5,687.52 $2,601.69

2025: $3.35, Annual + 2.5-3.0% $1.487 6/1/2026 1-7 Years

1-5 Years $2.50 $2.50 $2.95 $3.05 $3.15 $3.25

Panda Express 2/28/2008 3/1/2018 3-5 Years 2,000 23.67% $8,248.50 $8,248.50 $8,248.50 $9,061.13 $9,061.13 $3,169.10 250 SF Storage Room $1.585 3/1/2023 3-5 Years $4.12 $4.12 $4.12 $4.12 $4.53 $4.53

GameStop 4/1/2008 4/1/2019 3 Years 1,900 22.49% $4,908.33 $4,908.33 $4,947.92 $4,947.92 $4,947.92 $2,823.34 $1.486 3/31/2021 2 years $2.58 $2.58 $2.58 $2.60 $2.60 $2.60

Flavor Burger Café 12/6/2019 12/1/2019 5 Years 1,600 18.93% $4,720.00 $5,040.00 $5,360.00 $5,680.00 $6,080.00 $2,320.00

2029: $4.00 $1.486 11/30/2024 2-5 Years $2.75 $2.95 $3.15 $3.35 $3.55 $3.80

Sally Beauty Supply 6/1/2009 6/1/2019 3-5 Years 1,200 14.20% $3,200.00 $3,200.00 $3,200.00 $3,200.00 $3,300.00 $1,783.01

$1.486 5/31/2024 N $2.67 $2.67 $2.67 $2.67 $2.67 $2.75

Monthly Subtotal 8,450 100.00% $25,451.80 $26,559.30 $27,093.90 $28,401.60 $29,076.60 $12,697.14



PROJECTED INCOME / EXPENSE PROPERTY:

Location: Price

Price/psf

Size: Cap Rate 5.17% Description: Current Rent Proforma Rent

Annual NOI $312,236 $355,732 Annual Debt Service ($305,047) ($305,047)

Site: Annual Cash Flow $7,188 $50,685

Zoning: Cash Flow % 0.35% 2.46%

Current Rent Projected Rent Scheduled Gross Income $305,422 $348,918

$164,247 $164,247 Down Payment $2,064,000 Less Vacancy 0.0% $0 0.0% $0 Annual Adjusted Income $469,669 $513,165 Loan Amount $4,816,000 Less Expenses -$157,433 ($157,433) Annual NOI $312,236 $355,732 Interest Rate 4.00% Less Annual Debt Service ($305,047) ($305,047) Cash Flow $7,188 $50,685 Amortization (Yrs) 25 Cash Flow % 0.35% 2.46%

Debt Service ($305,047)

SCHEDULED INCOME

Rent/SF Monthly Rent Lease Exp. Rent/SF Taxes $84,715$2.50 $4,375.00 $3.30 $5,775.00 Insurance $4,580$4.12 $8,248.50 $4.56 $9,110.00 Water/Sewer/PGE $4,710$2.58 $4,908.33 $2.67 $5,065.40 Trash/Recycle $47,756$2.95 $4,720.00 $3.60 $5,760.00 Landscaping $6,152$2.67 $3,200.00 $2.81 $3,366.12 Exterminator

#VALUE! Include $0.00 Management$0.00 $0.00 Other $9,520

Total: $25,451.83 $29,076.52 Total Expenses $157,433

Annual Scheduled Annual Projected Annual Monthly x 12 $305,422 Monthly x 12 $348,918 Reimbursements $164,247

REMARKS:

The above information and projection is based on data provided by seller and certain assumptions and projections about the future.A prospect should verify information and assumptions to determine applicability and risk.

8,700

250Panda Storage

2,000

GameStopFlavor Café

Panda Expr.

Salty Beauty 1,2001,6001,900

$6,880,000$790.80

4.54%

Taqueria CA 1,750Lessee

Plus Reimbursement

GC

Monthly RentApprox. SF

Annual Expenses

Loan Data

Current and Projected (P)Current Leases

8,700

ANNUAL OPERATING DATA

6560 Hembree Lane, Windsor CA 95492

COMMERCIAL PROPERTY INVESTMENT

6560 Hembree Lane, Windsor CA 95492

Proforma Cap Rate

Proforma Leases



RETAIL TENANT SUMMARY � Panda Express Panda Restaurant Group, Rosemead, CA A leasing restaurant operator with over 1,596 Panda Express locations in 35 states and Puerto Rico. The Chinese/Asian themed food seeks sites in high traffic locations, in malls, airports and sporting arenas

� Game StopThis is a Fortune 500 company headquartered in Gravevine, Texas. It is the worlds largest video game retailer, operating over 5,700 stores across 14 countries, and offers the best selection of new and pre-owned video gaming consoles, accessories and new game titles in both physical and digital formats.

� Sally Beauty Denton, TX - over 2,700 LocationsExisting shops worldwide, in the United States, Puerto Rico, Canada, Mexico, Germany, United Kingdom, Ireland, Belgium, France. Offering over 6,000 professional beauty products for hair skin and nail to retail customers.

� Flavor Burger CaféThe owner of this business has extensive experience as the manager of Carrows Restaurant for many years. He has just opened for business after final permits and ABC license approvals and is offering an extensive menu for breakfast, lunch and dinner.

� Taqueria CaliforniaThe owners of this restaurant expects to open for business in March 2020. this is their second store after operating a successful restaurant with a similar menu in Santa Rosa for a number of years. Their past experience has included management of a Panda Express Restaurant. This tenant offers quality foods and is the only Mexican style restaurant within the center.



SHILOH REGIONAL TENANT LIST

ANCHOR TENANTS �Walmart �Home Depot �Office Depot

OTHER TENANTS INCLUDE �Mountain Mikes Pizza �Affordable Dental �Nail Salon �St Joseph’s Urgent Care �KFC �Pizza Guy �Sleep City �Wing Stop �Paradise Tan �O’Reilly’s Auto Parts �Brilliant Hair Salon �AT&T �Goodwill Store �Carpet Center �GNC (General Nutrition Store) �Subway Sandwiches

SUBJECT PAD BUILDING �Panda Express �Game Stop �Sally Beauty �Flavor Burger �Taqueria California (opening soon)



W E

S

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PROPERTY LOCATION SUMMARY � The Shiloh Center of Windsor California is the regions largest major anchored shopping center just north of Santa Rosa, California.

� The City of Windsor is a fast-growing city with an estimated population of 65,000 in a five-mile radius and an average household income of $89,000.00

� This Center is located just off Highway 101 which is a major commute route for residents to the north including Healdsburg, Cloverdale, Hopland and Ukiah that commute south to Windsor. Santa Rosa, Rohnert Park, and Petaluma. Current traffic counts are estimated at over 108,000 cars daily. It takes less then 2 minutes to exit the highway and approach the center entrance.

� Walmart, Home Depot, and Office Depot report high customer traffic counts to their respective stores.

� Windsor is located just north of Santa Rosa and just south of Healdsburg, California.

� The closest competing center is the Santa Rosa Market Plaza with Costco approximately 20 miles to the South.



AERIALS & VICINITY MAP



SONOMA COUNTY SUMMARY

RELAXED LIFESTYLEWith our relaxed lifestyle and diverse scenic beauty that stretches from the vineyards of Sonoma Valley to the Redwood forests and the Pacific Ocean, Sonoma County epitomizes easy living. That’s why Sonoma County receives top marks for its quality of life. The County recently ranked as one of the top 20 counties in the U.S. for climate/scenic beauty by the U.S. Department of Agriculture.

IDEAL LOCATIONLocated less than an hour’s drive north of San Francisco, Sonoma County enjoys the world-class culture of the San Francisco Bay Area, while still maintaining its agricultural heritage and rustic charm. Not surprisingly, Sonoma County was recently ranked as one of the top 100 metropolitan places to live by U.S. News and World Report.

GREAT PLACE TO START A BUSINESSSonoma County provides a range of options that make it a great place to do business. Over 25,000 businesses, both large and small, call Sonoma County home. Having some of the most affordable housing costs and a more competitive cost-of-doing-business compared to the rest of the San Francisco Bay Area, it’s no surprise that young business start-ups are discovering Sonoma County as an ideal place to launch and grow. Nerdwallet.com recently ranked the cities of Healdsburg and Sonoma in the top 20 places to start a business. Sonoma County has also been recognized as one of the top 10 places for supporting Minority-Owned Businesses and Latino Entrepreneurs.



PHOTOS



DISCLAIMER This property is being offered on an as-is basis. While the Broker believes the information in this brochure to be accurate, no warranty or representation is made as to its accuracy or completeness. Interested parties should conduct independent investigations and reach conclusions without reliance on materials contained in this brochure.This property owner requests that you do not disturb the Tenants, as the property will only be shown in coordination with the Listing Agent.This brochure is presented under the terms and conditions of the Confidentiality Agreement. As such, the material contained in this brochure is confidential and is provided solely for the purpose of considering the purchase of the property described herein. Offers should be presented to the agent for the property owner. Prospective buyers are encouraged to provide buyer’s background, source of funds and any other information that would indicate their ability to complete the transaction smoothly.

CONTACT

Marshall KellyBroker Associate

Lic. # 00801883(707) 528-1400

[email protected]



Marshall Kelly, Associate Broker1355 N Dutton Ave., Santa Rosa, CA 95401

(707) 528-1400 Fax: (707) 524-1419Lic #: 00801883

[email protected]

Documents

Shiloh Regional Center Pad Building for Sale · Gravevine, Texas. It is the worlds largest video : game retailer, operating over 5,700 stores across 14 countries, and offers the best