PLATINUM - LoopNet...3600 W. ORANGEWOOD AVENUE | ORANGE COUNTY, CA PLATINUM TRIANGLE. INVESTMENT...
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OCTOBER 2017 SINGLE TENANT ABSOLUTE NET LEASED INVESTMENT OPPORTUNITY 3600 W. ORANGEWOOD AVENUE | ORANGE COUNTY, CA PLATINUM TRIANGLE
Transcript of PLATINUM - LoopNet...3600 W. ORANGEWOOD AVENUE | ORANGE COUNTY, CA PLATINUM TRIANGLE. INVESTMENT...
OCTOBER 2017
SINGLE TENANT ABSOLUTE NET LEASED INVESTMENT OPPORTUNITY
3600 W. ORANGEWOOD AVENUE | ORANGE COUNTY, CA
PLATINUMTRIANGLE
INVESTMENT ADVISORS
Glenn RudySenior Managing Director
T +1 949 608 [email protected] RE#1412484
Rob IppolitoSenior Managing Director
T +1 858 875 [email protected] RE#01242854
LOCAL MARKET/LEASING ADVISOR
Chris WaltonSenior Managing Director
T +1 949 608 [email protected] CA RE#01839264
DEBT & EQUITY FINANCE
Jesse LoweDebt & Equity Advisor
T +1 858 875 [email protected] CA RE#01261314
RETAIL ANALYST
John DempseyFinancial Analysis Director
T +1 213 596 [email protected] CA RE#01934117
The broker for a purchaser of the property shall be entitled to receive a real estate commission only in the event that broker and the property’s owner execute a written commission agreement, containing the manner of calculation of that commission and all conditions to its payment, and the satisfaction of those conditions. Absent a written agreement to the contrary between that broker and NKF, that broker shall not look to NKF for payment of such a commission or any other compensation. Although all information furnished regarding property for sale, lease, or financing has been obtained from sources deemed to be reliable, that information has not been verified by NKF and no express representation is made nor is any to be implied as to the accuracy thereof. That information is subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by NKF’s client. 4655 Executive Drive, Ste. 800 San Diego, CA 92121
Corporate CA RE #01355491
PLATINUMTRIANGLE
OPPORTUNITY OVERVIEW NKF Retail Capital Markets (“NKF”), as exclusive advisor, is pleased to present the opportunity to acquire the single tenant,
absolute net-leased 24 Hr Fitness Sport facility (the “Property”) at Orange Center Tower in the burgeoning Platinum Triangle
of Orange, California. The Property includes a two-story, fitness facility totaling approximately 42,865 square feet that is
leased to 24 Hr Fitness under a new, long term net lease through 2027 with two, 5-year options.
The 24 Hr Fitness Platinum Triangle is a compelling opportunity to acquire a high exposure, high volume single tenant
net leased investment with the leading fitness user in the fitness category under a long term lease at below estimated
replacement cost. This opportunity is being offered on an “as-is” basis for the fee simple interest in the building and land
thereunder.
INVESTMENT HIGHLIGHTS
SECURE INCOME STREAM
SINGLE TENANT ABSOLUTE TRIPLE NET LEASE
LOCATION, LOCATION, LOCATION
ZONED URBAN MIXED USE
ENTERTAINMENT HUB OF ORANGE COUNTY
UNENCUMBERED BY EXISTING DEBT
42,685 RSFTOTAL SIZE
100%OCCUPANCY
0.608 ACRESTOTAL SITE AREA
MARKETPRICING
TBDOFFERS DUE
OFFERING TERMS
PROPERTY OVERVIEW
2001YEAR BUILT
2STORIES
232-091-01APN
