Class A Shopping Center - Near Magic Mountain in So CA

***Re-Post: Lost previous posting****

 

This is a Class A shopping center in Southern California near Magic Mountain.

First off, this is listed with a broker, HOWEVER, we are direct to the seller to negotiate. 

Buyer fee 3%.
Very motivated seller.

Price: $17M
Completed in 2008-2010
Bank calling loan due: May 1, 2011 (seller is able to extend)
Development cost: $30M+
In Operation with 2 tenants

Occupancy: 16%

Annualized Gross Income: 270K

No Cap calculation

Total rentable space: 98,000 sq ft

Total Area:  8.3 Acres

Total Building 7

Adjacent to 100+ business center, and recently approved 20,000 SFR development.

 

The seller wants LOI/POF, however, if you are qualified, please send your bio and qualification.  We want you to talk to the seller directly.

 

 

Pearl@AstaEnt.com

408-455-4320

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sq ft?
Total rentable space: 98,000 sq ft
I would be interested if your direct to seller.
What would be your p
principal consultant.

Hi Steve,

 

I think some of the previous reply was cut off..  Sorry about that:

 - Need BIO/experiences/financial capability/current holding if any of the buyer

Provide what you can since we have to screen before connecting you to the seller.

Please send the information to Pearl@AstaEnt.com

408-455-4320

I dont need to speak to the seller. I need to see the numbers. If it works for us we move to the nxt step. If you want all this info upfront before we see the deal then we will pass.

There is not much numbers to speak about.  It is under occupied because the owners want to sell it - not much marketing, etc.  Someone capable should come in and run this place.

Seller is tired of looky-loos and tire-kickers.

We offer commercial project funding and financing with bank instrument, client can give us 10% of the face value of the bank instrument as BG, SBLC or wire the fund to our investment banker who will issue and monetised the bank instrument for funding.
However, we do long and short terms loan for personal, business and other funding needs. And we give upto $40M loan to clients who meet all our loan conditions.
For more details contact us with the below info.
sargentwayne33@yahoo.com
sargent.wayne

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