UNITED STATES POSTAL SERVICE - FOUR PROPERTY INVESTMENT OPPORTUNITY - LoopNet
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UNITED STATES POSTAL SERVICE JAMIE HARRISON
415-539-1106
FOUR PROPERTY INVESTMENT OPPORTUNITY harrison@tcpre.com touchstone
C O M M E R C I A L PA R T N E R S
KNIGHTS LANDING, CA NEWCASTLE, CA
ELMIRA, CA MACDOEL, CA
PROPERTY ADDRESSES:
• 42318 2ND ST, KNIGHTS LANDING, CA 95645 • 9241 OLD STATE HWY, NEWCASTLE, CA 95658
• 5377 VACA STATION RD, ELMIRA, CA 95625 • 41439 STATE HIGHWAY 97, MACDOEL, CA 96058
PORTFOLIO OVERVIEW
TOTAL PROPERTY SUMMARY
Asking Price $1,675,000
*Return 7.5%
Combined Building Size +/- 8,279 SF
MACDOEL, CA
Combined Lot Size +/- 52,050 Sq. Ft.
* By 2021
GROSS INCOME.................................................................................. $132,201*
TAXES..............................................................................................Reimbursed
INSURANCE........................................................................................ $2,606.30
MAINTENANCE & RESERVES........................................................$4,202.75
ELMIRA, CA
NET OPERATING INCOME.................................................................. $125,392
CURRENT SIGNED LEASES
Property Square Footage Lease Term Annual Rent Rent / Sq. Ft
Macdoel CA +/- 1,344 SF Jan 1, 2020 - Dec 31, 2024 $22,950 $17.08
KNIGHTS LANDING, CA
May 2016 - April 2021 $25,200 $17.10
Elmira, CA +/- 1,474 SF
May 2021 - April 2026 $26,460 $17.95
July 2016 - July 2021 $15,042 $10.03
Knights Landing, CA +/- 1,500 SF
July 2021 - July 2026 $24,225 $16.15
August 2015 - August 2020 $53,242 $13.44
Newcastle, CA +/- 3,961 SF
August 2020 - August 2025 $58,566.20 $14.79
NEWCASTLE, CA
UNITED STATES POSTAL SERVICE // 2
INVESTMENT SUMMARY
KNIGHTS LANDING, ASKING PRICE
CAP RATE
CALIFORNIA XXX
XXX
(for ALL properties)
BUILDING SIZE LOT SIZE YEAR BUILT
+/- 1,500 SF +/- 6,078 Sq. Ft. 1966
GROSS INCOME.....................................................................................$24,225
TAXES..............................................................................................Reimbursed
INSURANCE........................................................................................... $459.25
MAINTENANCE & RESERVES............................................................. $1,500
NET OPERATING INCOME............................................................... $22,265.75
LEASE ABSTRACT
ADDRESS 42318 2nd St, Knights landing, CA 95645
$15,042 (Through June 2021)
ANNUAL RENT SACRAMENTO, CA
$24,225 (July 2021 - June 2026)
26 mi. from
RENT PSF $16.15/ Square Foot subject property
LL Maintenance Rider
LEASE TYPE
USPS Tax Reimbursement Rider
DEMOGRAPHICS WITHIN A 10 MILE RADIUS
LEASE TERM July 8, 2016 through June 30, 2026
OPTION TERM July 1, 2026 through June 6, 2031
OPTION RENT $27,859
TERMINATION None POPULATION HOUSEHOLDS INCOME
50,067 16,620 $64,250
UNITED STATES POSTAL SERVICE // 3
INVESTMENT SUMMARY
ELMIRA, ASKING PRICE
CAP RATE
CALIFORNIA XXX
XXX
(for ALL properties)
BUILDING SIZE LOT SIZE YEAR BUILT
+/- 1,474 SF +/- 19,500 Sq. Ft. 1986
GROSS INCOME.....................................................................................$25,200
TAXES..............................................................................................Reimbursed
INSURANCE............................................................................................$476.76
MAINTENANCE & RESERVES...........................................................$368.50
NET OPERATING INCOME............................................................... $24,354.74
LEASE ABSTRACT
ADDRESS 5377 Vaca Station RD, Elmira, CA 95625 SACRAMENTO, CA
33 mi. from
ANNUAL RENT $25,200 subject property
RENT PSF $17.10/ Square Foot
USPS Maintenance Rider
LEASE TYPE
USPS Tax Reimbursement Rider
LEASE TERM May 1, 2016 through April 30, 2021 DEMOGRAPHICS WITHIN A 10 MILE RADIUS
OPTION TERM May 1, 2021 through April 30, 2026 (Signed)
OPTION RENT $26,460
TERMINATION None
POPULATION HOUSEHOLDS INCOME
237,000 78,528 $105,017
UNITED STATES POSTAL SERVICE // 4
INVESTMENT SUMMARY
NEWCASTLE, ASKING PRICE
CAP RATE
CALIFORNIA XXX
XXX
(for ALL properties)
BUILDING SIZE LOT SIZE YEAR BUILT
+/- 3,961 SF +/- 10,990 Sq. Ft. 1965
GROSS INCOME.....................................................................................$58,566
TAXES..............................................................................................Reimbursed
INSURANCE............................................................................................. $1,245
MAINTENANCE & RESERVES........................................................... $990.25
NET OPERATING INCOME............................................................... $56,330.75
LEASE ABSTRACT
ADDRESS 9241 Old State Hwy, Newcastle, CA 95658
SACRAMENTO, CA
$53,242 (Through August 4 2020) 29.7 mi. from
ANNUAL RENT subject property
$58,566 (August 5 2020 - August 4 2025)
RENT PSF $14.79/ Square Foot
USPS Maintenance Rider
LEASE TYPE
USPS Tax Reimbursement Rider
DEMOGRAPHICS WITHIN A 10 MILE RADIUS
LEASE TERM August 5, 2015 through August 4, 2025
OPTION TERM None
OPTION RENT None
TERMINATION None POPULATION HOUSEHOLDS INCOME
204,548 79,547 $117,370
UNITED STATES POSTAL SERVICE // 5
INVESTMENT SUMMARY
MACDOEL, ASKING PRICE
CAP RATE
XXX
CALIFORNIA (for ALL properties)
XXX
BUILDING SIZE LOT SIZE YEAR BUILT
+/- 1,344SF +/- 15,482 Sq. Ft. 1980
GROSS INCOME..................................................................................... $22,950
TAXES..............................................................................................Reimbursed
INSURANCE...........................................................................................$425.29
MAINTENANCE & RESERVES............................................................. $1,344
NET OPERATING INCOME................................................................ $21,180.71
LEASE ABSTRACT
ADDRESS 41439 State Highway 97, Macdoel, CA 96058 MEDFORD, OR
90 mi. from
$19,308 (Through December 31, 2019) subject property
ANNUAL RENT
$22,950 (January 1, 2020 - December 31, 2025)
RENT PSF $17.08/ Square Foot
LL Maintenance Rider
LEASE TYPE
USPS Tax Reimbursement Rider
DEMOGRAPHICS WITHIN A 10 MILE RADIUS
LEASE TERM January 1, 2020 through December 31, 2024
OPTION TERM January 1, 2025 through December 31, 2029
OPTION RENT $26,392.50
TERMINATION None POPULATION HOUSEHOLDS INCOME
713 294 $52,199
UNITED STATES POSTAL SERVICE // 6
SURROUNDING USPS LOCATIONS
USPS: MACDOEL, CA
4
1 USPS KNIGHTS LANDING, CA
USPS: NEWCASTLE, CA
2 USPS ELMIRA, CA USPS: KNIGHTS LANDING, CA 2
1
3 USPS NEWCASTLE, CA
USPS: ELMIRA, CA
4 USPS MACDOEL, CA 2
UNITED STATES POSTAL SERVICE // 7
TENANT PROFILE
OVER 31,000
ACROSS 50 U.S. STATES
The Undeti Stesta Postal Ser veic symlepo some 16 07, 00 reso,wk amkngi ti hte LOCATIONS
dhri-tlages acivln reymlpo ni hte Undeti Stesta hdbnie hte fderal retvnmog
adn WaM -l art. In a 2006 U.S. Sumepr Corut deonsi,c hte Corut de:tno “Eahc , dya
dngairoc ot hte Gos retvnm’ usibmon ,her hte Undeti Stesta Postal Ser veic
resdliv some 0 6 onlim piesc fo laim ot as yamn as 142 onlim redlivy tnpios.”
As fo 2014, hte USPS opresta 1 3 0
, 00 spto oesc adn locnitsa ni hte U.S., adn
OVER 180 COUNTRIES
resdliv 155 onlib piesc fo laim .aynlu
In Ocobrte 2016, hte Postal Ser veic laersd erutF Re,ady a aeryv- lpan derqiu
WORLDWIDE
AND
5 CONTINENTS
yb lwa starngi ni 19.39 The lpan neslituo hte Postal Sesr’veic oagls fro hte xnet ev
a e r ys .
1. Dereliv a rowld-cas cruomest x.preinc 24 HOURS
PER DAY
365
2. Eq,piu , rewmpo adn aeng esy.mlpo
DAYS
.3 Inetvano farest ot redliv .vaule
4. Inestv ni ruo eruft lptafroms. OPERATIONS PER YEAR
OVER 500K
CAREER EMPLOYEES
GROWTH
REVENUE
$70.6 BIL.
MADE IN 2018
UNITED STATES POSTAL SERVICE // 8
OFFERING MEMORANDUM
UNITED STATES POSTAL SERVICE
42318 2ND ST, KNIGHTS LANDING, CA 95645 9241 OLD STATE HWY, NEWCASTLE, CA 95658
5377 VACA STATION RD, ELMIRA, CA 95625 41439 STATE HIGHWAY 97, MACDOEL, CA 96058
touchstone
C O M M E R C I A L PA R T N E R S
KNIGHTS LANDING, CA NEWCASTLE, CA
JAMIE HARRISON
415-539-1106
harrison@tcpre.com
CA BRE #01364847
ELMIRA, CA MACDOEL, CA
Touchstone Commercial Partners presents 42318 2nd St, Knights landing, CA 95645, 9241 Old State Hwy, Newcastle, CA 95658, 5377 Vaca Station RD, Elmira, CA 95625, and 41439 State Highway 97, Macdoel, CA 96058
(“Property”) for your acquisition. Touchstone Commercial Partners and owner provides the material presented herein without representation or warranty. A substantial portion of information was obtained from sources other
than actual knowledge and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the parties involved as to price or terms before sale, to withdrawal of the Property from the market, and
to other events beyond the control of Touchstone Commercial Partners or owner. No representation is made as to the value of this possible investment other than hypothetical scenarios. It is encouraged that you or any of your
affiliates consult your business, tax and legal advisors before making a final determination of value or suitability of the Property for acquisition. As a condition of Touchstone Commercial Partners’ consent to communicate the
information contained herein–as well as any information that may be communicated to you subsequently either verbally or in writing by Touchstone Commercial Partners, owner or agents of either of these parties regarding
the Property–it is required that you agree to treat all such information confidentially.
UNITED STATES POSTAL SERVICE // 9
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