Join HinkinsREA and NCalCCIM at the Dine, Dance on SF Bay event November 8th, 2013 —The NAR convention is in San Francisco this fall and we’re throwing a party cruise for CCIMs from around the world. Partnering with IREM and NCCAR, we’ve r...ented a large Hornblower yacht, hired a band and refined details for a three-hour cruise around San Francisco Bay. This event will be a sellout so we don’t want our members to miss out. Register at http://www.cvent.com/events/dance-and-dine-on-san-francisco-bay/event-summary-73e1e4029b554be69a392f8c76bf1a2b.aspxSee More
Hinkins Real Estate Analytics Inc. represented the Investor in the acquisition of this NNN leased single tenant flex office building totaling 12,662 square feet on a site of 1.2 acres. The property is leased to System 3, a strong regional tenant. Property: 5945 Palm Drive, Carmichael, CA (Fee interest) Size: 12,662 SF Office Flex Building on 1.20 Acres (52,272 SF) Lease Type: NNN, Single Tenant Tenant: System 3 Sale Price: $1,670,000 ($131.89 psf) Cap Rate: 8.71% (Yr. 1 NOI - $145,386, 5% annual increases) Sale Date: 11/13/14