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I N T E R N A T I O N A L R E A L E S T A T E SI NCE 1908115 SHELDON ST. | EL SEGUNDO, CA
OFFERED AT $1,825,000FOR SALEO F F E R I N G M E M O R A N D U M
OFFICE – FLEX – INDUSTRIAL
PAGE | 2 310.798.3123 | BraunCo.comI N T E R N A T I O N A L R E A L E S T A T E SI NCE 1908
OFFERING MEMORANDUMTHIS IS AN OFFERING MEMORANDUM intended for buyers interested in the property located at 115 Sheldon St. El Segundo, CA as more particularly described here-in (“Property”). This memorandum contains information pertaining to the Property’s seller and has been prepared by Braun International, (“Braun”). Although the seller has reviewed this memorandum, it does not purport to be all-inclusive or contain all of the information that a potential investor may desire. Neither the seller, nor any of its members, officers, directors, employees or agents, nor Braun, make any representation or warranty, expressed or implied, as to the accuracy or completeness of any of the information contained herein. The seller and Braun disclaim any liability which may be based on such information, errors therein, or omissions therefrom. All financial data contained herein is unaudited. The information contained herein represents estimates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that the actual results will conform to such projections. There is no representation as to environmental condition of the property, or as to any other aspect of the property.
Los Angeles | San Francisco | Monterey | San Diegoand Offices Nationally
TODD WOHLBRE# 01912556310.798.3123BraunCo.com
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Sale Information
Market Overview
1 Property Information
I N T E R N A T I O N A L R E A L E S T A T E SI NCE 1908
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Property Information1
Current Tenant: Window Concepts.RENTAL INFORMATIONCurrent Rent $4,880 per monthJune 1, 2018 $5,027June 1, 2019 $5,177Expires May 21, 2020
OFFERED AT $1,825,000The property is located just off of El Segundo Blvd. between Main St and Sepulveda
Blvd. with easy access from the 105 and 405 Freeways. It is ideally located minutes
from the beach and LAX. This property in the heart of the El Segundo business dis-
trict. The building is single story and has segregated office space and warehouse
space and is ideal for office-flex space. The building construction is concrete block.
Address 115 SHELDON STEL SEGUNDO CA 90245
County Los Angeles
APNs 4135-010-014
Property Use Industrial
Year Built 1957
Floors 1
Sq Ft 4,000 SF
Lot Size 5,724 SF
Zoning ESM1
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PROPERTY LOCATION
115 Sheldon St. El Segundo, CA
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Market Overview2EL SEGUNDO, CALIFORNIAEl Segundo, nestled in the booming tech area known as Silicon Beach, is known as a major aeronautical and industrial business center, home to the Los Angeles Air Force Base and more than 17,000 people. This small coastline community enjoys comfortable temperatures year-round, and plenty of sun.
From ElSegundoBusiness.com:El Segundo is a well-planned, well-defined business community with a clear vision for the future. The new creative office spaces and campuses coming out of the ground are smart, state-of-the-art, and architectural works of art. There’s something for everyone. Big companies. Small companies. Red Brick. Steel and Glass. Tall Buildings. New Offices. Re-Use Industrial. You can start small and expand, or start big and keep growing.
It balances an ideal business environment with a small-town community to provide the highest quality of life for its employers and residents. There are tree-lined neighborhoods with award winning schools, parks, athletic fields, as well as a wealth of dining and retail experiences that range from historic Main Street to modern lifestyle centers. All of which are set within a thriving business community that offers a variety of modern and well-designed commercial spaces.
4. Multimedia• Entertainment Technical & Post Production
1. High Tech/R & D and Light Manufacturing
Top Industries in the area:
• Aerospace• Biotechnology• Computer
• Communications• Semi-Conductor
2. Retail/Hospitality• Auto/Dealership• General Retail
• Hotel• Food Services
3. Business, Professional & Creative Services• Accounting• Advertising/Consulting• Corporate
• Health • Travel
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OFFERS ARE BEING CONSIDERED ON A FIRST-COME-FIRST-OFFER BASIS.
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Sale Information3■■ Email: [email protected]■■ Phone: 310.798.3123
BUYER BROKER PARTICIPATIONA two percent (2.0%) commission will be paid to any licensedbroker who represents the successful buyer for the real estate.
PROPERTY INFORMATIONThe property information is a compilation of documents related to the property and is available on our website for review and download.
PROPERTY PREVIEWShowing by appointment or you may stop by at your convenience. To schedule an appointment, contact [email protected]
FINANCIAL INFORMATIONProperty lease available at BraunCo.com
PROBATE COURT SALEThis property will be sold subject to Probate Court Confirmation and Overbidding. Please review the court overbidding and sale terms available on the BraunCo.com website.
PAGE | 9 310.798.3123 | BraunCo.comI N T E R N A T I O N A L R E A L E S T A T E SI NCE 1908
DISCLAIMERDISCLAIMER: BRAUN is the broker. BRAUN makes no representations or warranties on approved uses of the property. This brochure is provided for the sole purpose of allowing a potential buyer to evaluate the subject property. The potential buyer is urged to perform its own examination and inspection of the property and information relating to same, and shall rely solely on such examination and investigation and not on this brochure or any materials, statements or information contained herein or otherwise provided. Neither BRAUN, its members, managers officers, employees or agents, nor any of its partners, directors, officers, employees and agents, nor seller and broker, make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this brochure or the property or any materials, statements or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this brochure contains information relating to any “hazardous materials” in relation to the property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or other-wise, by BRAUN, broker, sales agents or seller, as to the existence or non-existence or nature of hazardous materials in, under, on or around the property. This brochure is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property. BRAUN will not be responsible if the property is unsatisfactory to the buyer in any way.
