8551 SAUL BELL ROAD NW, ALBUQUERQUE, NM 87121...wall units, entertainment centers, curio cabinets,...

FOR SALEINDUSTRIAL INVESTMENT OPPORTUNITY | LONG-TIME TENANT / NNN LEASE

8551 SAUL BELL ROAD NW, ALBUQUERQUE, NM 87121

PRESENTED BY:Tom [email protected] #01369719

1004 West Taft Avenue, Suite 150 Orange, CA 92865 714.647.9100 LeeOrange.com

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All information furnished regarding property for sale, rental or financing is from sources deemed reliable, butno warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice.No liability of any kind is to be imposed on the broker herein.

Tom [email protected] D 714.564.7139 | M 949.278.4911


OFFERING SUMMARY

SALE PRICE: $3,495,000

LOT SIZE 3.16 ± Acres

BUILDING SIZE: 40,020 ± SF

ZONING: IP, Industrial Park

% LEASED 100%

FIRST YEAR NOI: $268,934(annual rent

increases over theterm of lease)

CAP RATE: 7.69%

RETURN INC. P/R: 13.77%

Investment Type4-Year Single-Tenant NNN (NET) Leased Investment Industrial Building

Improvements8551 Saul Bell Road is a one (1) story, single tenant office/warehouse building constructed in 2007. The building wasdesigned to be subdivided into seven (7) individual bays at 5,720+ sq feet each.

LeasesFour (4) years remaining on tenants latest extension.

- The parent company "The Dufresne Group" is a guarantor- There are two (2) personal guarantors

Tenant- Long-term existing tenant has occupied the building since completion of construction in 2007.- Excellent payment history- Personal guarantee of Lease

PROPERTY OVERVIEW

INDUSTRIAL INVESTMENT OPPORTUNITY | LONG-TIME TENANT / NNN LEASE

8551 Saul Bell Road NW, Albuquerque, NM 87121

INDUSTRIAL INVESTMENT OPPORTUNITY FOR SALE




INVESTMENT OVERVIEW

Industrial MarketI‑40 industrial market is the emerging distribution center of Albuquerque.

The LocationGeographically, Gateway West Industrial Plaza is located in Albuquerque’s I‑40 distribution corridor with direct freeway access via the Unser Boulevard / I‑40 interchange only 3/4 of a mile away. The property is in a well landscaped business park environment. Corporate neighbors include Coca‑Cola, Cardinal Health, Iron Mounting, Western Glass, Thomas & Betts, US Postal Service, and others.

Albuquerque, New Mexico is nestled between the towering Sandia Mountains and volcanic West Mesa Escarpment, with the Rio Grande Valley meandering through the center. Albuquerque is rich with culture, breathtaking landscape and is a fast‑growing city with a developing business environment.

TenantDSG New Mexico, LLCGuarantor(s): (i) Dufresne Spencer Group Holds, LLC ("DSG")

(ii) The Dufresne Group Group, LLC ("TDG")(iii) Personal Guarantee (undisclosed)

Approximately 120 locations throughout the United States and Canada.

Ashley furniture Industries, Inc. is engaged in the manufacture of home furniture. The Company offers a fully integrated product line meant to take the guesswork out of furnishing a home. Its coordinated products allow the buyer to choose from several combinations of furniture for living rooms, dining rooms,and bedrooms, all designed with matching materials and finishes. Products include couches, chairs, metal beds, master bedroom sets, youth bedroom sets, dining room sets, wall units, entertainment centers, curio cabinets, coffee tables, mirrors, lamps and accent furniture. The Company’s furniture, which is produced under the Ashley and Millennium labels, is marketed worldwide.










INCOME ANALYSIS (ESTIMATED) 40.020± Square Foot Office/Warehouse

TOTAL INVESTED EQUITY AND NEW LOANPurchase Price $ 3,495,000

Down Payment 35% $ 1,223,250

New Loan Amount 65% $ 2,271,750

Interest Rate 4.5%

Amortization (years) 25

Monthly Payment $ 12,627

Total Initial Invested Equity $ 1,223,250

CASH FLOW ANALYSIS

Current Actual

Net Operating Expenses $ 268,934

Debt Service $ 151,525

Cash Flow $ 117,409

Principal Reduction $ 50,976

Total Return $ 168,384

RETURN ANALYSIS

Capitalization Rate 7.69%

Cash-on-Cash Return 9.60%

Total Return inc. Prinicipal Reduction 13.77%










8551 SAUL BELL ROAD NW, ALBUQUERQUE, NM 87121...wall units, entertainment centers, curio cabinets,...

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