• Embed Doc
  • Copy Link
  • Readcast
  • Collections
  • CommentGo Back
Download
 
CIRCLE K / US POST OFFICE / SHELL GASLAKE ELSINORE, CALIFORNIA
 
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to itsaccuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
EXCLUSIVE INVESTMENT OFFERING
FEATURES:
•
 
Brand New Circle K C-Store, US Post Office CPU and Shell Gas Station
•
 
Fronting 15 Freeway with Prominent Placement on Pylon Signage
•
 
Full US Post Office CPU Located within Circle K
•
 
New 15 Year Absolute NNN Lease with 12.5% Increases Every 5 Years
•
 
Corner Outparcel to Major Office/Medical/Retail/Hospitality Development
•
 
Major Freeway Retail Hub (Railroad Canyon Road Exit)
Jon SelznickPacific Commercial Investments, Inc.
3700 Campus Drive, Suite 201ANewport Beach, California 92660Phone (949) 723-5800 | Fax (949) 723-5801 jon@pcinb.com
 
CIRCLE K / US POST OFFICE / SHELL GASLAKE ELSINORE, CALIFORNIA
 
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to itsaccuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
CONFIDENTIALITY
 
This is a confidential marketing profile (the "Profile") intended solely for your limited use andbenefit in determining whether you desire to express further interest in purchasing the "Property",located in Lake Elsinore, California.This Profile has been prepared by Pacific Commercial Investments, Inc. ("PCI") on behalf of theowner of the Property (the "Owner") and has been reviewed by representatives of the Owner. Itcontains select information pertaining to the Property and does not purport to be an all-inclusiverepresentation of the state of affairs of the Property, or to contain all the information, whichprospective investors may require. All financial projections and information are provided for generalreference purposes only and are based on assumptions relating to the general economy, marketconditions, competition and other factors beyond the control of the Owner and PCI. Theinformation contained herein was obtained from third parties, and it has not been independentlyverified by PCI. Prospective investors should have the experts of their choice inspect the Propertyand verify all information. PCI is not qualified to act as or select experts with respect to legal, tax,environmental, building construction, soils-drainage or other such matters. Therefore, all projections,assumptions and other information provided and made herein are subject to material variation.Neither the Owner nor PCI, nor any of their respective directors, officers, affiliates orrepresentatives make any representation or warranty, expressed or implied, as to the accuracy of completeness of this Profile or any of its contents, and no legal commitment or obligation shall ariseby reason of your receipt of this Profile or use of its contents.The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest or offers on the subject Property, and/or to terminate discussions with any entity at any timewith or without notice which may arise as a result of review of this Profile. The Owner shall have nolegal commitment or obligation to any entity reviewing this Profile or making an offer on theProperty unless and until written agreement(s) for the Property have been fully executed, deliveredand approved by the Owner and any conditions to the Owner's obligations therein have been satisfiedor waived.By receipt of this Profile, you agree that this Profile and its contents are of a confidential nature,that you will hold and treat it in the strictest confidence and that you will not disclose this Profile orany of its contents to any other entity without prior written authorization of the Owner or PCI.You also agree that you will not use this Profile or any of its contents in any manner detrimental tothe interest of the Owner or PCI.PCI reserves the right to submit the Property to additional clients on terms that may or may not beidentical to the terms contained herein. By receipt of this Profile, you acknowledge that competinginterests may develop in connection with offers on the Property, and waive any conflict of interestthat might arise as a result thereof. In such case, PCI expressly disclaims any obligation to advancethe interest of any client at the expense of any other client who may receive this Profile. Dealingswith each client shall remain strictly confidential and in no case will PCI disclose the terms of anyactual or potential offer to any competing client.
 
CIRCLE K / US POST OFFICE / SHELL GASLAKE ELSINORE, CALIFORNIA
 
The above information is for reference purposes only, is approximate, and is subject to change. It is not guaranteed as to itsaccuracy or completeness. Buyer should conduct its own independent investigation and consult an attorney. As of March 2008.
INVESTMENT INFORMATION
This trophy investment opportunity presents an investor with an opportunity to purchase an
absolute NNN leased single tenant Circle K / US Post Office / Shell Gas Station
located inLake Elsinore, California. The property boasts
2007 pride-of-ownership construction
, consistingof a 3,476 square foot building housing a Circle K convenience store, United States Post Office CPU(Contract Postal Unit) and Shell gas station with 6 state of the art pumps under a canopy. The leasefeatures a
15 year primary term
with
12.5% increases
every 5 years and 2 (5 Year) options torenew.The subject property is strategically positioned as the
prime corner outparcel
to a brand newdevelopment consisting of office, medical, retail and hospitality properties. Additionally, theproperty benefits from prime placement on the
freeway pylon sign
, serving to draw customerstravelling on the 15 Freeway. In addition to the Circle K convenience store and Shell gas station, thetenant will be operating a
US Post Office
CPU, which will provide full postal services to theresidential population base as well as to local retailers, office and medical tenants. The nearest USPost Office to the subject property is approximately 3 miles away and is on the opposite side of thefreeway, making the subject property the de-facto Post Office for the east side of the 15 Freewayand the most convenient Post Office for a large portion of the west side of the 15 Freeway as well.
LOCATION
The subject property is located at the SWC of the signalized intersection of Summerhill Drive andCanyon Estates Drive in Lake Elsinore, California. The subject property benefits from a built incustomer base for all of its uses (c-store, gas and postal services) due to its prime positioning as thehard corner outparcel to a brand new office/medical/retail/hospitality development. Other tenantslocated in the immediate trade area include
Wal-Mart, Washington Mutual Bank, In-N-OutBurger, KFC, Starbucks, Jiffy Lube, 76 Gas, Jiffy Lube, Wienerschnitzel, Holiday InnExpress and a 24 Hour Urgent Care Medical Center
.
TENANT
The tenant is a multi-location franchisee with extensive experience and currently operates underseveral top-tier brands, including ARCO AM/PM, Union 76, Shell and Circle K. Contact agent forfurther details.
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...