Retail Center Fixer – (Already Fully Funded)

This Retail Center Fixer has the potential for 8 separate suites.

  • Lot Size: 35,440 Sq. Ft.;
  • Building Size: 9,480 Sq. Ft.;
  • Zoning: General Commercial.

 

Location


Project is located in Sacramento County, California

Overview


This fixer project has the potential to be a great source of income and is an excellent opportunity to invest in a commercial property. The property offers plenty of upside and is situated in a high traffic area with great visibility from the street. It is priced below market in comparison to other similar properties on the market today. It is ready to be customized.

EB-5 Opportunity


This property is located in a TEA zone and will qualify one Investor for an EB-5 Visa.
This provides a rare opportunity for one Investor to become the 100% equity owner of the project.
The property was listed at $2,100,000 in 2005. We now have the unique opportunity to purchase it under $500,000. It is impossible to lose money on such a deal!

Features

  • 9,480 LEASABLE SQUARE FEET
  • $50 PER SQUARE FOOT
  • LOT SIZE: 35,440 SQUARE FEET
  • LAND/IMPROVEMENT RATIO 16/84%
  • LOCATED IN THE COUNTY OF SACRAMENTO
  • BUILT IN 1973
  • MINUTES FROM DOWNTOWN
  • EASY HWY 80 ACCESS
  • FLEXIBLE GENERAL COMMERCIAL ZONING
  • AMPLE PARKING
  • STREET SIDE MONUMENT SIGNAGE
  • POTENTIAL FOR 8 SEPARATE SUITES

 

Project history

Sale Listing $475,000 ($50/SF)
10/11/2011     New Listing   $475,000 ($50.00/SF)
Sale Listing $2,100,000 ($221.52/SF) 11/07/2005     Listed   $2,100,000 ($221.52/SF)
09/05/2005     New Listing   $2,100,000 ($221.52/SF)



 


 

Estimated Income

Auburn Blvd LLC

Preliminary Business Plans/Valuation

 

Today  Market Situations

Best Market situation

Purchase Price

$475,000.00

$475,000.00

Construction Improvements

$120,000.00

$120,000.00

Permits and other government fees

$20,000.00

$20,000.00

Total investment

$615,000.00

$615,000.00

Annual Rents

$114,000.00

$1.20 F/M

$182,400.00

$1.60 F/M

Property taxes

$(8,925.00)

will be refunded from tenants

$(8,925.00)

will be refunded from tenants

Maintenance of property

$(12,000.00)

$(12,000.00)

Total projected net income

$93,075.00

$161,700.00

Annual ROI

15%

$1,000,000.00

26%

$1,520,000.00

 

***Current Market Value
       at $105 per sq ft

***Projected Market Value
       at $160 per sq ft

 

PROJECTION ONLY

PROJECTION ONLY
























 

This project is an example of prior EB-5 investments that AGCC helped arrange; this project is no longer available for investment and the financial numbers are merely estimates and are no guarantee of actual performance. Investment opportunities are available on a first come, first served basis. Please inquire via phone or email regarding information on currently available projects. 

For more information call +1-415-682-2550 or visit www.AGCCRC.com Email: info@agccrc.com