Premier Marin County office condos for sale HOME
FLOOR PLANS
AERIAL VIEW
LOCATION HIGHLIGHTS
BENEFITS
OF OWNERSHIP
PROPERTY OVERVIEW
350 Ignacio Boulevard Novato, CA 94949 ♦ Premier Office Condo Project ♦ Excellent Southern Novato Location ♦ 90% Financing Available ♦ Convenient to Many Amenities ♦ Pride of Ownership Financing Provided By:
You Have Nothing to Lose but Your Landlord! Another Quality Development By Quorum Real Estate Group
Theo Banks & Nathan Ballard, Agents California license 01359605 & 01743417 KEEGAN & COPPIN COMPANY, INC. Keegan & Coppin REAL ESTATE
101 Larkspur Landing Circle Larkspur, CA 94939 (415) 461-1010 • Fax (415) 925-2310
[email protected] •
[email protected]
O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d SUITE 101
HOME
SUITE 105
SUITE 103
SUITE 201
SUITE 101 - 1,138 SQUARE FEET ESTIMATED COST OF OWNERSHIP
Purchase Price $ 369,850 Loan Amount $ 335,865 Includes SBA/CDC Fees (currently .65%)* Loan to Value 90% Debt Interest Rate 6.25% Blended SBA 504 Rate* Amortization Period (years) 22.5 Blended amortization* Down Payment $ 36,985 10% Lender Points $ 1,849 1% of First Loan - Estimated Appraisal $ 3,500 Estimated Escrow fees $ 5,000 Estimated Total Cash Required $ 47,334 *Contact David Griffis, TMC Development, (415) 505-5023
Sold!
Leased!
Per Year Per Month Per SF Per Month Debt Service $ 27,839 $ 2,320 $ 2.04 Equity Build in Year One ($ 7,047) ($ 587) ($ 0.52) Net Cost before Expenses $ 20,792 $ 1,733 $ 1.52 Condo Association Dues $ 6,828 $ 569 $ 0.50 • Property Insurance (included) -- -- -• Utilities – PG&E, Water (included) -- -- -• Maintenance & Repairs (included) -- -- -• Reserves (included) -- -- -Real Estate Taxes (estimated) $ 4,253 $ 354 $ 0.31 Interior Janitorial Service (est.) $ 956 $ 80 $ 0.07 Total Annual Expenses (estimated) $ 12,037 $ 1,003 $ 0.88
(Ask brokers regarding availability for purchase)
Depreciation (estimated)
($
7,587)
($
632)
($
0.56)
Total Cost to Own
$
25,242
$
2,104
$
1.84
* Floor plans are illustrative can be built to suit.
Suite 101
Another Quality Development By Quorum Real Estate Group Note: 1) Association dues based on 2010 operating budget and real estate taxes based on 2009-2010 tax rates. 2) Each prospective buyer is encouraged to review this information with his/her tax consultant or advisor, as each purchase transaction and associated benefits vary from buyer to buyer.
Keegan & Coppin REAL ESTATE
KEEGAN & COPPIN COMPANY, INC. O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d SUITE 101
HOME
SUITE 105
SUITE 103
SUITE 201
SUITE 103 - 1,876 SQUARE FEET ESTIMATED COST OF OWNERSHIP Purchase Price $ 609,700 Loan Amount $ 553,973 Includes SBA/CDC Fees (currently 2.15%)* Loan to Value 90% Debt Interest Rate 6.25% Blended SBA 504 Rate* Amortization Period (years) 22.5 Blended amortization* Down Payment $ 60,970 10% Lender Points $ 3,049 1% of First Loan - Estimated Appraisal $ 3,500 Estimated Escrow fees $ 5,000 Estimated Total Cash Required $ 72,519 *Contact David Griffis, TMC Development, (415) 505-5023 Per Year Per Month Per SF Per Month Debt Service $ 45,917 $ 3,826 $ 2.04 Equity Build in Year One ($ 11,623) ($ 969) ($ 0.52) Net Cost before Expenses $ 34,294 $ 2,857 $ 1.52 Condo Association Dues: $ 11,256 $ 938 $ 0.50 -- -- -• Property Insurance (included) • Utilities – PG&E, Water (included) -- -- -• Maintenance & Repairs (included) -- -- -- • Reserves (included) -- -- -Real Estate Taxes (estimated) $ 6,724 $ 560 $ 0.30 Interior Janitorial Service (est.) $ 1,576 $ 131 $ 0.07 Total Annual Expenses (estimated) $ 19,556 $ 1,629 $ 0.87 Depreciation (estimated)
($ 12,507)
($
1,042)
($
0.56)
Total Cost to Own
$
$
3,444
$
1.83
41,343
Sold!
Suite 103
* Floor plans are illustrative can be built to suit.
Another Quality Development By Quorum Real Estate Group Note: 1) Association dues based on 2010 operating budget and real estate taxes based on 2009-2010 tax rates. 2) Each prospective buyer is encouraged to review this information with his/her tax consultant or advisor, as each purchase transaction and associated benefits vary from buyer to buyer.
Keegan & Coppin REAL ESTATE
KEEGAN & COPPIN COMPANY, INC. O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d SUITE 101
HOME
SUITE 105
SUITE 103
SUITE 201
SUITE 105 - 1,680 SQUARE FEET ESTIMATED COST OF OWNERSHIP
Purchase Price $ 546,000 Loan Amount $ 496,096 Includes SBA/CDC Fees (currently 2.15%)* Loan to Value 90% Debt Interest Rate 6.25% Blended SBA 504 Rate* Amortization Period (years) 22.5 Blended amortization* Down Payment $ 54,600 10% Lender Points $ 2,730 1% of First Loan - Estimated Appraisal $ 3,500 Estimated Escrow fees $ 5,000 Estimated Total Cash Required $ 65,830 *Contact David Griffis, TMC Development, (415) 505-5023 Per Year Per Month Per SF Per Month Debt Service $ 41,120 $ 3,426 $ 2.04 Equity Build in Year One ($ 10,408) ($ 867) ($ 0.52) Net Cost before Expenses $ 30,711 $ 2,559 $ 1.52 Condo Association Dues: $ 10,080 $ 840 $ 0.50 • Property Insurance (included) -- -- --- -- -• Utilities – PG&E, Water (included) • Maintenance & Repairs (included) -- -- -• Reserves (included) -- -- -Real Estate Taxes (estimated) $ 6,021 $ 502 $ 0.30 Interior Janitorial Service (est.) $ 1,411 $ 118 $ 0.07 Total Annual Expenses (estimated) $ 17,512 $ 1,460 $ 0.87 Depreciation (estimated)
($ 11,200)
($
933)
($
0.56)
Total Cost to Own
$
$
3,086
$
1.83
37,023
Sold!
Suite 105
* Floor plans are illustrative can be built to suit.
Another Quality Development By Quorum Real Estate Group Note: 1) Association dues based on 2010 operating budget and real estate taxes based on 2009-2010 tax rates. 2) Each prospective buyer is encouraged to review this information with his/her tax consultant or advisor, as each purchase transaction and associated benefits vary from buyer to buyer.
Keegan & Coppin REAL ESTATE
KEEGAN & COPPIN COMPANY, INC. O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d SUITE 101
HOME
SUITE 105
SUITE 103
SUITE 201
SUITE 201 - 2,895 SQUARE FEET ESTIMATED COST OF OWNERSHIP Purchase Price $ 868,500 Loan Amount $ 789,119 Includes SBA/CDC Fees (currently 2.15%)* Loan to Value 90% Debt Interest Rate 6.25% Blended SBA 504 Rate* Amortization Period (years) 22.5 Blended amortization* Down Payment $ 86,850 10% Lender Points $ 4,343 1% of First Loan - Estimated Appraisal $ 3,500 Estimated Escrow fees $ 5,000 Estimated Total Cash Required $ 99,693 *Contact David Griffis, TMC Development, (415) 505-5023 Per Year Per Month Per SF Per Month Debt Service $ 65,407 $ 5,451 $ 1.88 Equity Build in Year One ($ 16,556) ($ 1,380) ($ 0.48) Net Cost before Expenses $ 48,851 $ 4,071 $ 1.40 Condo Association Dues $ 17,370 $ 1,448 $ 0.50 • Property Insurance (included) -- -- --- -- -• Utilities – PG&E, Water (included) • Maintenance & Repairs (included) -- -- -• Reserves (included) -- -- -Real Estate Taxes (estimated) $ 9,578 $ 798 $ 0.28 Interior Janitorial Service (est.) $ 2,432 $ 203 $ 0.07 Total Annual Expenses (estimated) $ 29,380 $ 2,449 $ 0.85 Depreciation (estimated)
($
17,815)
($
1,485)
($
0.51)
Total Cost to Own
$
60,416
$
5,035
$
1.74
* Floor plans are illustrative can be built to suit.
Another Quality Development By Quorum Real Estate Group Note: 1) Association dues based on 2010 operating budget and real estate taxes based on 2009-2010 tax rates. 2) Each prospective buyer is encouraged to review this information with his/her tax consultant or advisor, as each purchase transaction and associated benefits vary from buyer to buyer.
Keegan & Coppin REAL ESTATE
KEEGAN & COPPIN COMPANY, INC. O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d HOME
FLOOR PLANS
AERIAL VIEW
LOCATION HIGHLIGHTS
BENEFITS
OF OWNERSHIP
PROPERTY OVERVIEW
Newly Renovated Pacheco Plaza 350 Ignacio Blvd.
Ignacio Blvd.
Hamilton Marketplace
Another Quality Development By Quorum Real Estate Group
Theo Banks & Nathan Ballard, Agents California license 01359605 & 01743417 KEEGAN & COPPIN COMPANY, INC. Keegan & Coppin REAL ESTATE
101 Larkspur Landing Circle Larkspur, CA 94939 (415) 461-1010 • Fax (415) 925-2310
[email protected] •
[email protected]
O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.
3 5 0 I g n a c i o B o u l e va r d HOME
AERIAL VIEW
FLOOR PLANS
LOCATION HIGHLIGHTS
BENEFITS
OF OWNERSHIP
PROPERTY OVERVIEW
location highlights
Premier Location ♦ Minutes from US 101 ♦ Reverse Commute ♦ Walk to Restaurants Shops & Services
350 Ignacio Boulevard Novato, California 94949 350 Ignacio, located approximately 21 miles north of San Francisco, is located in the convenient Ignacio area of Southern Novato. Novato, one of Marin counties two largest employment centers, is convenient to Sonoma County, Southern Marin, and the East Bay via Highways 37 & 580. The project is located just off of Highway 101 at the Ignacio Boulevard exit. It is immediately adjacent to the newly renovated Pacheco Plaza Shopping Center and within close proximity to the brand new Hamilton Marketplace and Bel Marin Keys Business Park.
Another Quality Development By Quorum Real Estate Group
Theo Banks & Nathan Ballard, Agents California license 01359605 & 01743417 KEEGAN & COPPIN COMPANY, INC. Keegan & Coppin REAL ESTATE
101 Larkspur Landing Circle Larkspur, CA 94939 (415) 461-1010 • Fax (415) 925-2310
[email protected] •
[email protected]
O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
3 5 0 I g n a c i o B o u l e va r d HOME
FLOOR PLANS
AERIAL VIEW
LOCATION HIGHLIGHTS
BENEFITS
OF OWNERSHIP
PROPERTY OVERVIEW
Benefits of marin county office condo ownership
♦ Go GREEN in order to gain increased incentives for investing in your own company.* ♦ Buy with only 10% down with SBA financing and lock in your mortgage payment long term. ♦ Low SBA financing - fees are amortized into the mortgage payments. ♦ Increase YOUR bottom line. Build equity and enjoy the benefits of depreciation!* ♦ Control your operating expenses. ♦ Eliminate future rent increases - NEVER negotiate a new lease again! ♦ Customize your interior improvements the way YOU like - When you own, YOU are in control and YOU get the benefit!
♦ Enjoy one of the strongest real estate markets in the country with the safety of strong intrinsic value and historically strong appreciation.
* Consult your CPA or Certified Finanacial Planner for details Another Quality Development By Quorum Real Estate Group
Theo Banks & Nathan Ballard, Agents California license 01359605 & 01743417 KEEGAN & COPPIN COMPANY, INC. Keegan & Coppin REAL ESTATE
101 Larkspur Landing Circle Larkspur, CA 94939 (415) 461-1010 • Fax (415) 925-2310
[email protected] •
[email protected]
O N C O R I N T E R N AT I O N A L Commercial Real Estate Services
3 5 0 I g n a c i o B o u l e va r d HOME
AERIAL VIEW
FLOOR PLANS
LOCATION HIGHLIGHTS
BENEFITS
OF OWNERSHIP
PROPERTY OVERVIEW
OWNER - USER OPPORTUNITY Property Address:
Property Type:
350 Ignacio Boulevard Novato, CA 94949
Office Condominium
Gross Building Area:
18,369 sq.ft.
Parking:
3.5 / 1,000 (Net) including deeded parking for each unit and shared parking with adjacent buildings.
Zoning:
BPO - Business & Professional Office
Description of Improvements & Location: 350 Ignacio Boulevard offers premier office condominiums in a completely remodeled, professional office building. Neighboring amenities and close proximity to US Highway 101 make this an excellent location for your business.
Suite
Square Feet
Price
103
1,876
105
1,680
201
2,895
$745,000 NOW: $609,700 $669,000 NOW: $546,000 $1,140,000 NOW: $868,500
Theo Banks & Nathan Ballard, Agents Another Quality Development By Quorum Real Estate Group
California license 01359605 & 01743417 101 Larkspur Landing Circle O N C O R I N T E R N AT I O N A L Larkspur, CA 94939 Commercial Real Estate Services (415) 461-1010 • Fax (415) 925-2310
[email protected] •
[email protected]
KEEGAN & COPPIN COMPANY, INC. Keegan & Coppin REAL ESTATE
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Submitted subject to error, change or withdrawal. An interested party should verify the status of the property and the information herein.