5770 Skylane Blvd, Windsor, CA

No Offering Price, Make an offer

A 27,000SQFT building on 2.2 acres lot. 100% Leased

Make an offer. Must Sale. Offer accepted through July 20, 2010. Counter offer will be given after July 20, 2010. Owner has identified an upleg for 1031 exchange and wants to sell immediately. Full serviced building, 2009 income is around $640K USD, with NOI around $490K USD actual. 3 year lease is remaining on the contract, but since is it is a built to suit building it is highly unlikely that the DEA will move. It is the Regional Center for DEA. There are 20+ buildings around the country like this one and none of them are vacated once the lease is in place. Even the DEA is the tenant, the lease is with GSA and it is over looking the building maintainence. The GSA requires the owners upkeep this building immaculately.

$4.5 Million mortgage balance is assumable at around 6.8%. New financing is also possible. APN:164-150-059

Windsor is about 45 min. from the Golden Gate Bridge, San Francisco, in the middle of Wine Country. The Building is not accessable to the public. Offer is subject to inspection. Requires FBI clearance to enter this guarded area. Drive by only, do not disturbe the tenant.

Jack Wan
Century21 Commercial
1528 S. El Camino Real, STE 110
San Mateo, CA 94402
Phone: 650-259-9611
Fax: 650-259-9668
CA DRE# 01305758

Disclaimer:
This material has been prepared from information furnished by the Property Owner (The “Property”)
and from other sources C21 deem to be reliable.
C21 has not audited or otherwise confirmed the accuracy of this information
and makes no representations, expressed or implied, as to its accuracy or completeness.
Any and all representations contained herein are attributable solely to the Property.

We strongly recommend that all interested parties conduct a complete due diligence
of the Property including an examination of both the assets and the original records of the Property
before making a purchase decision. By requesting and reviewing this document, the recipient acknowledges
its responsibility to perform a thorough due diligence review at his or her own cost prior to any acquisition of the property.