20284 REDWOOD RD. TRIMARK C
PROPERTY OVERVIEW OFFERING SUMMARY Sale Price: $695,000 Price / SF: $452.47 Building Size: Lot Size: 1,536 SF 7,150 SF No. Of Stories: 1 Onsite Parking: 8 total - 5.2/1000 Year Built: 1952 OWNER - OCCUPIER CUPIER OR INCOME OPPORTUNITY Ideal for a local business looking to own it's own building or an investor seeking a well located Castro Valley income opportunity. The property is located on one of Castro Valley's main arterial thoroughfares and is situated directly across from the Castro V Shopping Center which several grocery, restaurant, and cafe choices within immediate walking distance. The Castro Valley BART station and I-580 freeway entrances are a short 3 minute drive making this property extremely accessible by car or public transport. PROPERTY HIGHLIGHTS Converted home to ogce building with (5) Eve large, private ogces (4) four of the (5) Eve ogces are leased on short, Fexible terms and can stay or vacate with 60 days notice. The Efth ogce is currently vacant. Current use is psychotherapy - income and expense statement available Attractive SBA Financing is available to an Owner - Occupier (see page 5) Zoning - Castro Valley Central Business District (Central CVB/Redwood Rd) APN: 84C-770-4-1 Daily tragc count of 31,863 (2012) Entrances to the front, side, and rear of the building 20284284 REDW OOD RD SperryCGA - Trimark Commercial Real Estate /// 187 5 OLYMPIC BLVD.. #220,, WALNUT CREEK, CA 9459696 /// SPERRYC GA.C OM CAS TRO VALLEY,, CA 94546 EXECUTIVE SUMMARY // 2
ADDITIONAL PHOTOS SperryCGA - Trimark Commercial Real Estate /// 1875 OLYMPIC BLVD.. #220,, WALNUT CREEK, CA 9459696 /// SPERRYCGA. GA.COM ADDITIONAL PHOTOS // 3
AERIAL SperryCGA - Trimark Commercial Real Estate /// 1875 OLYMPIC BLVD.. #220,, WALNUT CREEK, CA 9459696 /// SPERRYCGA. GA.COM AERIAL MAPS // 4
SBA LOAN SCENARIO SBA 504 Loan Sample Structure Prepared for: Sperry Commercial Property Address: 20284 Redwood Rd, Castro Valley Project Details Purchase Price $695,000 Property Address 20284 Redwood Rd, Castro Valley Improvements Building Size (s.f.) 1,536 Price Per Sq. Ft. $452.47 Total Project Cost $695,000 SBA 504 Financing Structure Source of Funds % of Total Project Amount Rate Amortization Maturity Monthly Payment Bank (1st) 50% $347,500 5.25% 25 25 $2,082 SBA (2nd)* 40% $288,000 4.74% 25 25 $1,640 Down Payment 10% $69,500 * Includes financed SBA fee of $10,000 Total Monthly Payment $3,723 Total Payment PSF $2.42 Monthly Ownership Costs Out of Pocket Costs Mortgage Payments $3,723 Down Payment $69,500 Insurance $128 Estimated Bank Fees $3,475 Property Tax $809 Appraisal & Environmental Reports $5,500 Average Principal paydown benefit ($1,090) Total Effective Monthly Ownership Costs $3,570 Total Out of Pocket Costs $78,475 Assumptions The following assumptions were used for this scenario, and can be modified if there are any specific values you would like to use. Bank rate, terms, and fees are estimates and vary depending on lender. SBA fee is 2.65% of the SBA loan amount plus a $2,000 attorney flat fee. These fees are financed. The current SBA rate is used here. Actual rate is set at debenture sale at time of funding. All costs and expenses are estimates. Bank Fees are estimated at 1% of bank loan amount. Insurance & Property Tax estimated based on current costs. Effective cost of ownership is Total Monthly Payment less annual Principal paydown. 90% Financing For more information contact: Claudia Cohen Capital Access Group SVP / Director of Marketing 415-217-7604 ccohen@capitalaccess.com SBA (2nd)* 40% Down Payment 10% Bank (1st) 50% 430 Spotted Tavern 150 California Street, Suite 250 San Francisco, CA 94111 SperryCGA - Trimark Commercial Real Estate /// 1875 OLYMPIC BLVD. tel. 415 #220, 217 7600, WALNUT fax 415 217 CREEK, 7610 web CA CAPITALACCESS.COM 9459696 /// SPERRYCGA. GA.COM PDF WITH HEADER/FOOTER // 5
DEMOGRAPHICS POPULATION 1 MILE 2 MILES 3 MILES Total population 23,143 70,644 140,266 Median age 38.8 39.6 36.7 Median age (Male) 36.2 37.9 35.6 Median age (Female) 39.8 40.2 37.2 HOUSEHOLDS S & INCOME 1 MILE 2 MILES 3 MILES Total households 9,289 27,040 50,260 # of persons per HH 2.5 2.6 2.8 Average HH income $76,254 $81,192 $77,859 Average house value $563,825 $582,339 $560,800 * Demographic data derived from 2010 US Census SperryCGA - Trimark Commercial Real Estate /// 1875 OLYMPIC BLVD.. #220,, WALNUT CREEK, CA 9459696 /// SPERRYCGA. GA.COM DEMOGRAPHICS MAP // 6