OfferingMemorandum
Starfire Professional Plaza9121 Folsom Blvd, Sacramento, CA
Presented By:Mark [email protected]# 2019665
Executive Summary
THE OFFERINGAborn Powers Inc. is pleased to present thefollowing exclusive listing for sale. StarfireProfessional Plaza located at 9121 Folsom BlvdSacramento, CA 95682. The property consists ofseven dental and medical suites located on alarge 1.32 acre lot adjacent to Highway 50
INVESTMENT HIGHLIGHTSOwner User Opportunity
Several suites are under short term leases, which allow forsignificant upside in rental income or create the opportunity foran owner user to occupy more than 51% of the building
Gross Lease StructureCurrently the leases are gross leases which will allow at renewalthe conversion to net lease structure to increase the NOI forthe ownership group
Unique PropertyThe property features seven individual suites, currently built outas dental suites with the necessary improvements andmechanical systems. The suites range in size from 1280-1855square feet and there is parking for 63 vehicles
LocationThe property is conveniently located south of Highway 50 onFolsom Blvd just west of La Riviera Drive
FlexibilityThe investment offers flexibility to improve rents and updateleases, or an owner user opportunity in a long establisheddental building with the stability of rental income
Starfire Professional Plaza9121 Folsom Blvd, Sacramento, CA
PropertyDescription
Property Address: 9121 Folsom Blvd, Sacramento, CA Offering Price: $1,990,000 County: Sacramento Building Type: Professional Office/Dental APN#: 075-0161-001 Total Project Size: +/- 10,255 SqFt Total Land: +/- 1.32 Acres Zoning: BP Business & Professional Office
Starfire Professional Plaza9121 Folsom Blvd, Sacramento, CA
Tenant Summary Lease Terms Proforma Income & Expenses
AREA MAP
Subject Property
Highway 50
The information in this offering memorandum is proprietary and strictly confidential. It is furnished solely for the purpose of review by a prospective purchaser ofthe subject property and is not to be used for any other purposes or made available to any person without the expressed written consent of the seller or AbornPowers. The information in this prospectus has been compiled from sources deemed to be reliable. However, neither the information nor the reliability of their
sources are guaranteed by Aborn Powers or the Seller. A prospective seller must make its own independent investigations, projections, and conclusions regardingthe acquisition of the property without reliance on this or any other confidential information written or verbal.
DISCLAIMER