Real Estate Investor Up Close

HinkinsREA publishes 4Q 2014 San Francisco Bay Area 'Class A' Average Office Rent Data & Analytics , download your free copy here: http://www.hinkinsrea.com/listings.html

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

Hinkins Real Estate Analytics Inc. represented the Investor in the acquisition of a well located fully leased industrial building in San Leandro, CA. Property: 2483-2495 Washington Ave, San Leandro, CA (Fee interest) Size: 43,897 SF Industrial Building on 1.89 Acres (82,328 SF) Tenants: Seven units, fully leased Sale Price: $3,820,000 ($87.02 psf) Land Value: $17 psf Cap Rate: 6.60% (Yr. 1 NOI - $252,109) Sale Date: 11/12/14