Mar 10 '09, 01:08 AMBuild Wealth and Create Immediate Cash Flow
An ALL CASH, investment involving the acquisition of an irreplaceable and extremely rare single-tenant, commercial property located in Pacific Beach, CA, south of La Jolla in San Diego County.
Projected Avg. Simple Payable Income Return during ownership subsequent to purchase: 6% - 8%
Projected Avg. Annual Return: 12 -14%
Appropriate for Individual Investors as well as IRAs, Keoghs, Trusts, Pension & Profit Sharing Plans. (Consult your tax advisor)
[REMOVED]
1606 GRAND AVE. IN PACIFIC BEACH, CALIFORNIA
An approximately 12,502 square foot lot with U.S. BANCORP, as the prime ground lease tenant in their own 5854 square foot commercial building. Offering income, potential appreciation and significant potential capital gains.
CNBC called U.S. BANCORP
"The Best Regional Bank in the U.S."
with excellent financials.
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THE OPPORTUNITY
To secure significant cash flow by acquiring a single-tenant commercial building below replacement cost:
♦ Acquisition of building below replacement cost in a limited commercial market.
♦ Raising rents on a prime commercial property substantially increases building value.
♦ Locate property where supply is limited; demand is high and rents will escalate.
♦ Select property type: rental rates for single-tenant commercial buildings should increase faster than other product types.
♦ All Cash acquisition. Projected risk mitigation.
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INVESTMENT PERIOD: Projected 4 -10 year holding period
SUITABILITY: Appropriate for Individual Investors as well as IRAs, Keoghs, Trusts, Pension & Profit Sharing Plans. (consult your tax advisor)
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KEYS TO VALUE
SUPPLY AND DEMAND: Demand in high income areas for quality commercial land is high while supply is low. The availability of quality corner real estate in Pacific Beach is extremely limited.
STABLE INVESTMENT: Combine long-term income with rent increases, thus providing increasing cash flow with the potential of future appreciation.
LOCATION: The property is located in the growing community of Pacific Beach in Central San Diego County. This location offers the best of both worlds; access to the high income demographics of La Jolla, and proximity to the metropolitan demographics of San Diego County.
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PROPERTY ACQUISITION DATA
Acquisition Cost: $3,300,000 (approx.) including cash reserves
Loans and Mortgages: NO DEBT, NO MORTGAGE
Property Size: 12,502 sq ft.
Contracted Purchase $/sq ft.: $263/sq ft.
Projected Avg. Simple Payable
Income Return during ownership
subsequent to purchase: 6% - 8%
Property Address: 1606 Grand Avenue, Pacific Beach, CA 92109
*This material does not constitute an offer to sell nor a solicitation of an offer to buy any of the securities discussed herein. The offer is made only by the herein accompanying offering memorandum. PM me for Private Placement Memorandum and more details.
