S. STATE COLLEGE

OFFERING MEMORANDUM

± 8,200 SF For Sale in Anaheim

2100S . S T A T E C O L L E G E

DISCLAIMER

This Confidential Offering Memorandum (this “Memorandum”) is being delivered subject to the terms of the Confidentiality Agreement signed by you (the “Confidentiality Agreement”) and constitutes part of the evaluation material. It is being given to you for the sole purpose of evaluating the possible acquisition of 2100 S. State College Boulevard, Anaheim, California (“Property”), and is not to be used for any other purpose or made available to any other party without the prior written consent of the Owner or Lee & Associates, Inc. - Irvine Commercial Real Estate Services (“Broker”).

This Memorandum was prepared by the Broker based on information supplied by the Owner and the Broker. It contains selected information about the Property and the real estate market but does not contain all the information necessary to evaluate the acquisition of the Property. The financial projections contained herein (or in any other evaluation material) are for general reference only. They are based on assumptions relating to the general economy and local competition, among other factors. Accordingly, actual results may vary materially from such projections. Various documents have been summarized herein to facilitate your review; these summaries are not intended to be a comprehensive statement of the terms or a legal analysis of such documents.

While the information contained in this Memorandum or any other evaluation material is believed to be reliable, neither Broker nor Owner guarantees its accuracy or completeness. Because of the foregoing and since the Property will be sold on an “AS IS,” “WHERE IS” basis, a prospective purchaser must make its own independent investigations, projections, and conclusions regarding the acquisition of the Property without reliance on this Memorandum or any other evaluation material. Although additional evaluation material (why may include engineering, environmental or other reports) may be provided to qualified parties as marketing information, prospective purchasers should seek advice from their own attorneys, accountants and engineering/environmental experts.

Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the Property or to terminate any negotiations with any party at any time with or without written notice. Owner shall have no legal commitment or obligations to any prospective purchaser until a written sale agreement has been fully executed, delivered and approved by Owner and any conditions to Owner’s obligations hereunder have been satisfied or waived. Owner has retained Broker as its exclusive broker and will be responsible for any commission due to Broker in connection with a sale of the Property pursuant to separate agreement. Broker is not authorized to make any representation or agreement on behalf of Owner. Each prospective purchaser will be responsible for any claims or commissions by any other broker in connection with a sale of the Property if such claims arise from acts of such prospective purchaser or its broker.

This Memorandum is the property of Owner and Broker and may be used only by parties approved by Owner and Broker. No portion of this Memorandum may be copied or otherwise reproduced or disclosed to anyone except as permitted under the Confidentiality Agreement.

I N V E S T M E N T A D V I S O R S KURT BRUGGEMAN, CCIMSenior Vice PresidentCalBRE 01264501

[email protected]

RYAN SWANSONSenior Vice PresidentCalBRE 01474192

[email protected]

PHIL COHENSenior Vice PresidentCalBRE 01156287

[email protected]

Lee & Associates, Inc. - Irvine9838 Research Drive

Irvine, California 92618

lee-associates.com | lee-cmg.com

TABLE OFCONTENTS

TABLE OFCONTENTS

2100S . S T A T E C O L L E G EA N A H E I M , C A L I F O R N I A

Executive Summary 1Property Description 2

Tenant Information 3Area Overview 4

Owner/User - 51% Occupied Financing

Sale Comparables

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E X E C U T I V ES U M M A R Y

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O F F E R I N G M E M O R A N D U M

Address2100 S. State College

BoulevardAnaheim, CA 92806

Offering Price $4,100,000

SBA Owner User Financing:*must occupy 51%

4.55%

Number of Stories Two (2) Story Office

Elevator Served

Net Rentable Building Area ±8,200 SF

E X E C U T I V E S U M M A R Y

Glenwood Dr.


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OWNER-USER OPPORTUNITY

Up to 8,200 SF available for an owner user, as existing tenant has

a lease expiring on 6/30/20. Most buildings in this submarket are

only available for lease.

ELEVATOR SERVED BUILDING

There are Two (2) office floors over a subterranean parking garage

with the elevator servicing all Three (3) levels.

PLATINUM TRIANGLE LOCATION

This building is located on the hard corner of State College Boulevard

and Orangewood Avenue just minutes from Angel Stadium.

Numerous new apartments, hotels, and retail redevelopments all

under construction around the Platinum Triangle.

LOW COST F INANCING AVAILABLE

Owner-User financing is readily available with interest rates in the

low 4% range, with as little as 10% down payment.

B U I L D I N G H I G H L I G H T S

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P R O P E R T YD E S C R I P T I O N

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Address2100 S. State College BoulevardAnaheim, CA 92806

County Orange

Assessor Parcel Number

083-271-18

Number of Stories 2

Rentable Building Area ±8,200 SF

Year Built 1990

Location

This property is located in the Platinum Triangle, on the southeast corner at the intersection of State College Blvd. and Orangewood Ave.. Just east of thew Santa Ana (5) Freeway, in the City of Anaheim, approximately three quarters (0.75) of a mile easat of the 57 Freeway and one half (0.5) mile north of Interstate 5.

P R O P E R T Y D E S C R I P T I O N

Zoning: I – Industrial

Land Size: A parcel totaling approximately 0.38 acres

Paving & Sidewalks:

Asphaltic concrete pavement is present through out the parking and driving areas. Concrete sidewalks provide walkways from the driveway to the building.

Parking Stalls:

Parking for 26 vehicles, including handicapped stalls, are available. Parking areas are both surface and subterranean with appropriate signage, pavement markings, and curb ramps

Foundation:Reinforced concrete slab. Building is built podium style over partially grade parking

Structural System: Steel & wood frame

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Fire Life Safety Systems:

The fire protection systems consist of a wet pipe sprinkler system, building-mounted fire extinguishers, pull stations, illuminated exit signs, and alarm bells/horns. Fire sprinklers are located throughout all the building.

Exterior Walls: Brick and concrete with tinted glass windows

Roof: Multi-ply built-up system with cap sheet over metal decking.

Window:Exterior windows are anodized aluminum frames with tinted single-glazed glass

Interior Walls: Interior finished office walls are painted drywall

Ceilings: Drywall with lightly textured and painted finish in common areas and suspended acoustical title in tenant suites

Flooring:Flooring varies between carpeting and ceramic tile flooring

Elevator:Yes. Access from the garage to 1st and 2nd floors.

Plumbing: Standard commercial grade fixtures

Lighting:Fluorescent lighting throughout with some recessed incandescent lighting

HVAC: Roof-mounted HVAC units.

Sprinklers: The building features a wet-pipe sprinkler system

Restrooms:These are two sets of men’s and women’s restrooms.

Site Lighting:

Exterior lighting is provide by a combination of pole-mounted and exterior wall-mount fixtures. The exterior lighting illuminates the perimeter of the building, the entrance, and the parking and drive areas.

Tax Rate: Approximately 1.249% per the 2018-2019 tax bill

Utilities:

Electricity: City of Anaheim Water/Sewer: City of AnaheimGas: Southern California Gas CompanyTrash: City of Anaheim

Police Department: City of Anaheim

Fire Department: Anaheim Fire & Rescue



P R O P E R T Y S I T E P L A N

40 | 2100 STATE COLLEGE

E ORANGEWOOD AVEN

STAT

E CO

LLEG

E BL

VD

2100State College Blvd

2-Story Office8,200 SF with underground parking

SITE PLAN

S.

S.

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P R O P E R T Y F L O O R P L A NF

IRS

T F

LOO

RS

EC

ON

D F

LOO

R

RR RR Reception

Training

Conference Room

Conference Room

Elevator

Elevator

T E N A N TI N F O R M A T I O N

3

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T E N A N T S U M M A R Y

Securitas is a global leader in for hire private security with a branch office in all 50 states across the country. The parent company is Securitas AB, founded in 1934 in Helsingborg, Sweden. The company has in excess of 500 branches and 88,000 in the USA and over 300,000 total employees across a total of 53 countries.

The company offers a large menu of services including; specialized security for multiple industries, digital security and risk management consulting. The company is traded on the NASDAQ Exchange under the ticker SECU-B with market capitalization value of $43.6 Billion and annual revenues of approximately $4.3 Billion.

• Lease Terms Expiration: June 30, 2020• Gross Lease Rate: $18,450 per month • Base Year: 2015• Options: None

Securitas Security Services USA, Incsecuritas.com

A R E AO V E R V I E W

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5

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PLATINUM TRIANGLE

S. STATE

COLLEGE

W. CHAPMAN AVE

W. ORANGEWOOD AVE

25

2100


O F F E R I N G M E M O R A N D U MO F F E R I N G M E M O R A N D U M2100S . S T A T E C O L L E G EA N A H E I M , C A L I F O R N I A

O W N E R / U S E R - 5 1 % O C C U P I E D

F I N A N C I N G

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F I N A N C I N G O V E R V I E W

SBA F INANCING OPTIONS

Purchase Price $4,100,000

SBA 504 Loan Program

SBA 7a Loan Program

Fixed Fixed Fixed

Wells Fargo SBA

Down Payment $410,000 $410,000

Combined LTV% 90% 90%

Loan Amount $2,460,000 $1,230,000 $3,690,000

Financed Fee $28,945 $104,210

Rate (%) 4.05% 4.39% 4.55%

Amortization 30 25 25

Term (Years) 10 25 25

1st & 2nd TD Payments $11,815 $6,919

Total Monthly Payments $18,735 $21,197

Note: "Average" payments & interest rate are illustrated for SBA 504 2nd TDNote: Subject illustration is for discussion purposes only and is not a commitment to lendNote:Date:

Prepared For:

Purchase Price $4,100,000

SBA 7a LOAN PROGRAM

FixedWells Fargo SBA

Down Payment $410,000 $410,000

Combined LTV% 90% 90%

Loan Amount $2,460,000 $1,230,000 $3,690,000

Financed Fee $28,945 $104,210

Rate (%) 4.05% 4.39% 4.55%

Amortization 30 25 25

Term (Years) 10 25 25

1st & 2nd TD Payments $11,815 $6,919

Total Monthly Payments Total Monthly Payment $21,197

SBA 504 LOAN PROGRAM

$18,735

Dave Friedman & Valerie Ioriatti Mobile: 949-584-3887 & 714-414-5455

[email protected] [email protected]

Rates are subject to change daily6/4/2019

Kurt Bruggeman, CCIMSenior Vice PresidentLee & Associates | IrvineD 949.790.3125M [email protected]

SBA Financing Options

Fixed Fixed

S A L EC O M P A R A B L E S

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Property Address Bldg SFYear Built

Sale Date Sale PricePrice PSF

Buyer Seller

1.68 DiscoveryIrvine, CA

4,772 2004 1/28/2019 $2,300,000 $481.98 Gpr Investments Llc Rumi Living Trust

2.9960 Research Dr.Irvine, CA

4,960 2005 8/31/2019 $2,350,000 $473.79General Mortgage Capital Corp

Stein Holdings, LLC

3.16340 Bake Pky.Irvine, CA

4,960 2007 9/12/2018 $2,325,000 $468.75Catalyst Clinical And Coding Analytics Inc.

Tee Enterprise LLC

4.700 Roosevelt Ave.Irvine, CA

4,960 2008 6/1/2018 $2,653,500 $534.98USA Zhongzi Realty Investment, Inc

Danming Xu, EA

5.12 TrumanIrvine, CA

5,219 2003 5/11/2018 $2,730,000 $523.09 Na Li Steven C Mosier

6.5681 Beach Blvd.Buena Park, CA

5,690 1979 7/2/2018 $3,200,000 $562.39 Law Office of Yohan Lee Kwangyeon Choi

7.8891 Research Dr.Irvine, CA

6,000 2004 3/29/2018 $2,922,000 $487.00 IBo Zhang JSD Dynasty 628 LLC

8.9780 Irvine Center Dr.Irvine, CA

6,000 2007 1/18/2018 $2,975,000 $495.83 Michael KarrGamania Digital Entertainment US CO LTD

9.16481 Scientific WayIrvine, CA

6,000 2007 3/27/2019 $2,795,000 $465.83 16481 Scientific Way Llc Shimmick Construction Company Inc

10.270 E. Baker St., Unit 200Costa Mesa, CA

19,372 2006 1/7/2019 $3,026,000 $480.01 Takeya USA Corporation Burke Real Estate Group

S A L E C O M PA R A B L E S



lee-associates.com | lee-cmg.com

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I N V E S T M E N T A D V I S O R S KURT BRUGGEMAN, CCIMSenior Vice PresidentCalBRE 01264501

[email protected]



lee-associates.com | lee-cmg.comOFFERING MEMORANDUM

± 8,200 SF For Sale in Anaheim


RYAN SWANSONSenior Vice PresidentCalBRE 01474192

[email protected]

PHIL COHENSenior Vice PresidentCalBRE 01156287

[email protected]

S. STATE COLLEGE

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