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2520


                       STANWELL

                                                                               Executive
                                                                                 x
                                                                                 x
                                                                                   ecutiv
                                                                                   ecutiv
                                                                                             e
                                      9 2 %   L E A S E D   M U LT I - T E N A N T   O F F I C E   P R O J E C T  Newmark K night F r ank is pleased t o         Highlights
                       Designer: Bryan Hinkle
                       Designer: Bryan Hinkle                                  E  S u m m a r y e
                                                                                    Summary



                                                                                 Newmark Knight Frank is pleased to
                                                                                 offer the opportunity to purchase the fee
                                                                                 offer the opportunity to purchase the fee
                                                                                 simple interest in 2520 Stanwell Drive,
                                                                                 simple interest in 2520 Stanwell Drive,
                                                                                 in Concord, CA (the “Property”).   The
                                                                                 in Concord, CA (the “Property”).   The
                                                                                 approximately 24,602 square foot office
                                                                                 approximately 24,602 square foot office
                                                                                                                   Offering
                                                                                 property consists of one one-story building
                                                                                 property consists of one one-story building
                                                                                 and one two-story building situated
                                                                                 and one two-story building situated
                                                                                 on a single 1.80 acre parcel within the
                                                                                 on a single 1.80 acre parcel within the
                                                                                 Stanwell Business Park.
                                                                                 Stanwell Business Park.
                                                                                 The Property is currently 92% occupied
                                                                                 The Property is currently 92% occupied
                                                  F O R   S A L E
                                                                                 by 12 tenants, almost all of which
                                                                                 by 12 tenants, almost all of which
                                                                                 are month to month or have short
                                                                                 are month to month or have short
                                        UP TO ±22,396 SF POTENTIALLY                             OFFERING SUMM AR its desirability.  6.01%  ±24,602  92% (12 Tenants)  1.80
                                                                                 remaining lease terms.  This presents
                                                                                 remaining lease terms.  This presents
                                                                                 an opportunity for on owner/user to
                                                                                 an opportunity for on owner/user to
                                                                                 occupy a variety of potential suites of
                                                                                 occupy a variety of potential suites of
                                                                                 varied sizes in the building for a total
                                                                                 varied sizes in the building for a total
                                                                                 of up to 22,396 square feet within a few
                                                                                 of up to 22,396 square feet within a few
                                               AVAILABLE FOR A USER
                                                                                 months.  Alternatively, investors can take
                                                                                 months.  Alternatively, investors can take
                                                                                 advantage of the short in place lease
                                                                                 terms and under market rents in order to
                                                                                 bolster cash flow.  With strong parking
                                                                                 and an inviting courtyard environment,
                                                                                 2520 Stanwell Drive is a quality asset
                                                                                 well positioned within a thriving market.
                                                                                                   $4,625,000
                                                                                                   $4,625,000
                                                                                                   Price ($188/SF)
                                                                                                                                    Acres
                                                                                                                          Occupancy
                                                                                                           Cap Rate
                                                                                                                 Rentable Square Feet
                                                                                                   Price ($188/SF)
                                                                                                         Multi-tenant asset with consistently high occupancy provides low
                                                                                                 OFFERING SUMMARY
                                                                                                       Y
                                                                                                        ha e long occupancy histories at the  roperty con rming
                                                                                                         risk in estment with  i ersi e  income stream.   any of the tenants
                                                                                                    appealing atmosphere for tenants.
                                                                     dbartz@ngkf.com / 925.974.0231
                                                                                                     Comfortable, shaded environment with on-site deli/café, ample
                                                                                                     parking and easy freeway access provides a convenient and
                                                                    DANNY BARTZ
                                                                     CA RE Lic# 01971819
                                                                                                   Owner/User opportunity with ±22,396 SF potentially available.
                                                                                                   Owner/User opportunity with ±22,396 SF potentially available.
                                                        mzylstra@ngkf.com / 925.974.0106
                                                                                                                              throughout the East Bay and Solano County.
                                                                                                                              throughout the East Bay and Solano County.
                                                        MIKE ZYLSTRA  O F F E R I N G   M E M O R A N D U M               OFFERING MEM ORANDUM
                                                                                                                                Concord is a central hub of commerce within Contra Costa County
                                                                                                                                Concord is a central hub of commerce within Contra Costa County
                                                                                                                                locate  at the confluence of  nterstate 6 0, an   ighways 4 an
                                                                                                                                locate  at the confluence of  nterstate 6 0, an   ighways 4 an
                                                         CA RE Lic# 01310041
                                                                                                                               242.  This makes it an ideal location for companies doing business
                                                                                                                               242.  This makes it an ideal location for companies doing business
                                                                                                                           to seek more cost effective options.
                                                                                                                           to seek more cost effective options.
          Brochures & Offering Memorandums
                                                                                                                              ocate  minutes from  owntown Walnut  reek s commercial
                                                                                                                              ocate  minutes from  owntown Walnut  reek s commercial
                                                                                                                             an  retail core,  oncor  s office market is poise  for continue
                                                                                                                             an  retail core,  oncor  s office market is poise  for continue
                                            fgherlone@ngkf.com / 925.974.0237
                                           FORREST GHERLONE                                                                      O F F E R I N G   M E M O R A N D U M
                                                                                                                            impro ement as rates in Walnut  reek increase forcing some tenants
                                                                                                                          Flexible OPB zoning allows medical and dental uses.
                                                                                                                            impro ement as rates in Walnut  reek increase forcing some tenants
                                            CA RE Lic# 01376723
                       OUTLETS OF
                       MAUI
                       Designer: Stacy Giannini
                       Designer: Stacy Giannini
                                                                                                     CONTENTS
                                                                                          01       13        25         29
                                                                                        THE      FINANCIAL ANALYSIS  PROPERTY DESCRIPTION  MARKET OVERVIEW  OUTLETS OF MAUI //
                                                                                        THE OPPORTUNITY
                                                                                                 O U T L E T S   O F   M A U I   / /   9 0 0   F R O N T   S T R E E T   / /   L A H I N A ,   H I   900 FRONT STREET //   LAHINA, HI  FRONT STREET IN HISTORIC LAHAINA oceanfront
          MARKETING
                                                                                                                                          prime location
                                                                                                                                        FRONT STREET IN HISTORIC LAHAINA.
                                                       C O N F I D E N T I A L   R E Q U E S T   F O R   P R O P O S A L S  MICHAEL GRAUSZ   3  T H E   O P P O R T U N I T Y     //     9 0 0   F R O N T   S T R E E T,   L A H I N A ,   ,    37 gift and apparel stores, 3 museums and 2 hotels.
                                                                                                                                         OUTLETS OF MAUI IS LOCATED ON WORLD-RENOWNED
                                                                                                                                         OUTLETS OF MAUI IS LOCATED ON WORLD-RENOWNED
                                                                                  michael.grausz@ngkf.com
                                                                                                                                       island’s principal tourism center.
                                                                                                                                       island’s principal tourism center.
                                                                                  415.399.8086
                                                                                   CA RE License # 01116237
                                                                                                                                       • The picturesque town in the enviable west shore of the Valley
                                                                                                                                       • The picturesque town in the enviable west shore of the Valley
                                                                                                                                        Isle has been transformed into an island hot spot and the
                                                                                                                                        Isle has been transformed into an island hot spot and the
                                                                                                                                      Front Street is one of the island’s main pedestrian
                                                                                                                                     • Front Street is one of the island’s main pedestrian
                                                                                                                                  evenings, in Lahaina.
                                                                                                                                  evenings, in Lahaina.
                                                                                                                                      thoroughfares, lined with great restaurants, shopping, art
                                                                                                                                      thoroughfares, lined with great restaurants, shopping, art
                                                                                                                                    has over 2 million tourists that visit annually.
                                                                                                                                    has over 2 million tourists that visit annually.
                                                                                                                                     galleries and plenty of sight-seeing and people watching.
                                                                                                                                     galleries and plenty of sight-seeing and people watching.
                                                                                               T H E   O P P O R T U N I T Y     //     9 0 0   F R O N T   S T R E E T,   L A H I N A
                                                                                               T H E   O P P O R T U N I T Y     //     9 0 0   F R O N T   S T R E E T,   L A H I N A ,   H I H I H I
                                                                                                                                    • Located in the epicenter of Maui’s tourism center, Front Street
                                                                                                                                     Located in the epicenter of Maui’s tourism center, Front Street
                                                                                                                                  • The average tourist spends 8.33 days on Maui with the
                                                                                                                                   The average tourist spends 8.33 days on Maui with the
                                                                                                                                   majority spending at least one, if not all of their days or
                                                                                                                                   majority spending at least one, if not all of their days or
                                                                                                                                  Lahaina is the main cruise ship port on the island
                                                                                                                                 • Lahaina is the main cruise ship port on the island
                                                                                                                                 and draws over 250,000 cruise ship passengers
                                                                                                                                 and draws over 250,000 cruise ship passengers
                                                                                                                                downtown Lahaina during their time in port.
                                                                                                                                downtown Lahaina during their time in port.
                                                                                                                                annually, most of which choose to shop and dine in
                                                                                                                                annually, most of which choose to shop and dine in
                                                                                                                               five blocks are 22 restaurants, 14 art
                                                                                                                               five blocks are 22 restaurants, 14 art
                                                                                                                              • Outlets of Maui anchors Front Street. Within its
                                                                                                                               Outlets of Maui anchors Front Street. Within its
                                                                                                                              galleries, 19 jewelry stores, 7 ice cream parlors,
                                                                                                                              galleries, 19 jewelry stores, 7 ice cream parlors,
 38
                                                                                                                             37 gift and apparel stores, 3 museums and 2 hotels.
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