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PROPERTY NAME
DBA
CBCworldwide.com
Offering Memorandum
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Tim Schirripa Pamela Holmes 954-650-0366 954-695-2694 [email protected] [email protected] Coldwell Banker Commercial 5810 Coral Ridge Dr. #100 Coral Springs, FL 33076
PREPARED BY:
PREPARED FOR:
Prospective Investors
FOR SALE 3851 NW 126th Ave Coral Springs, FL 33065
PROPERTY NAME
DBA
CBCworldwide.com
TABLE OF CONTENTS
Executive Summary 3
Property Photos 4
Maps & Aerials 5
Tax Map 6
Floor Plan 7
Financials 8
Market Overview 9
Demographic Summary 10
Household Radius 11
Contact Information 12
Confidentiality Statement 13
©2015 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.
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PROPERTY NAME
DBA
CBCworldwide.com
EXECUTIVE SUMMARY
PROPERTY SPECIFICATIONS
PRICE
THE PROPERTY 3851 NW 126th Ave Coral Springs, FL 33065
Property Type: Industrial
Class: C
Building Size: 34,596
Land: 103,168 SQ FT
Number of Stories: 1
Year Built/Renovated: 1979
Sale Price: Price/SF
$3,550,000.00 $102
INVESTMENT HIGHLIGHTS LOCATION HIGHLIGHTS
• 34,596 square foot easily maintained building composed of 13 warehouse spaces
• 100% leased • 2 tenants occupy 24,270 SQFT • (10,700sf & 13,570sf) These tenants have
leased the spaces for over 16 years • Concrete building, Twin T construction • 18 FT ceilings • New Roof (Oct 2013) • Ground level loading • Zoned light industrial
• Easy access to I-95, I-75, and Florida’s
Turnpike VIA Sawgrass Expressway (FL-869)
• Located in beautiful Coral Springs Industrial
Park
• Centrally located within the Tri-County Area
Lease Information
Tenancy: 12 Percent Leased: 100% Space Available: none
PROPERTY NAME
DBA
CBCworldwide.com
PROPERTY PHOTOS
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PROPERTY NAME
DBA
CBCworldwide.com
MAPS & AERIALS
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PROPERTY NAME
DBA
CBCworldwide.com
TAX MAP
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PROPERTY NAME
DBA
CBCworldwide.com
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Floor Plan
PROPERTY NAME
DBA
CBCworldwide.com
Financials
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PROPERTY NAME
DBA
CBCworldwide.com
MARKET OVERVIEW
RENT ROLL
BAY SF LEASE TERM RATE
1 10,700 11/2017 $7.60 2 650 4/2015 $8.60 3 850 4/2015 $10.30 4 10,270 12/2016 $8.66 5 1,377 9/2016 $6.60 6 1,100 8/2015 $8.50 7 & 8 1,650 9/2015 $5.60 9 1,650 12/2015 $6.90 10 600 Owner Storage $0.00 11 1,650 8/2014 $5.80 12 3,300 12/2016 $8.66
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PROPERTY NAME
DBA
CBCworldwide.com
Demographic Summary
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PROPERTY NAME
DBA
CBCworldwide.com
Household Radius
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PROPERTY NAME
DBA
CBCworldwide.com
CONTACT INFORMATION
For more information, please contact: Tim Schirripa COLDWELL BANKER COMMERCIAL 5810 Coral Ridge Dr. #100 Coral Springs, FL 33076 Cell: 954-650-0366 [email protected] Pamela Holmes COLDWELL BANKER RESIDENTIAL REAL ESTATE 5810 Coral Ridge Dr. #100 Coral Springs, FL 33076 Cell: 954-695-2694 [email protected]
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PROPERTY NAME
DBA
CBCworldwide.com
CONFIDENTIALITY STATEMENT
This offering has been prepared solely for informational purposes. It is designed to assist a potential investor in determining whether it wishes to proceed with an in-depth investigation of the subject property. While the information contained herein is from sources deemed reliable, it has not been independently verified by the Coldwell Banker Commercial affiliate or by the Seller. The projections and pro forma budget contained herein represent best estimates on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that actual results will conform to such projections. This document is provided subject to errors, omissions and changes in the information and is subject to modification or withdrawal. The contents herein are confidential and are not to be reproduced without the express written consent. Interested buyers should be aware that the Seller is selling the Property “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE. Prior to and/or after contracting to purchase, as appropriate, buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of the buyer’s choosing. The Seller reserves the right to withdraw the Property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent; (ii) incorporated in a formal written contract of purchase and sale to be prepared by the Seller and executed by both parties; and (iii) approved by Seller and such other parties who may have an interest in the Property. Neither the prospective buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and writings and shall constitute the sole agreement of the parties. Prospective buyers shall be responsible for their costs and expenses of investigating the Property and all other expenses, professional or otherwise, incurred by them.
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