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comstock

VIEWS: 34 PAGES: 5

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             CTIO
          EDU 00
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       $2 ,495




            INVESTMENT PROPERTY
                     THE COMSTOCK BUILDING
              8340 & 8350 Auburn Blvd. • Citrus Heights, CA
                   PRICE REDUCTION - $2,495,000                                                                                                                          �
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               v         Prime Location
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               v         Easy access to Highway 80
               v         Beautiful stucco buildings with tile roofs
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               v         Beautiful courtyard in garden setting
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                                                 For further information, please contact:
             John A. Belegrin                                                                                           Bonnie Dominick
                    Broker                                                                                        Property Manager
         jbelegrin@goldcommercial.com                                                               office (916) 218-6702 cell (916) 761-1506
                                                                                                         bonnie.dominick@norcalgold.com

              The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it an make no
                      guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it an make no
        guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.
                                                                           AREA DESCRIPTION

      Citrus Heights is a family friendly community with wonderful schools, beautiful parks, and
      great businesses. Citrus Heights recently celebrated its 10-year anniversary of city hood on
      January 1, 2007. Citrus Heights, with a population of over 88,477 is a unique, established
      community in Sacramento County. Conveniently located between downtown Sacramento and
      Roseville, Citrus Heights is an easy commute to nearly all major employment zones in greater
      Sacramento; including Rancho Cordova, Folsom, Natomas and South Placer County.

      Citrus Heights is centrally located between the regions major freeways and highways.
      Interstate 80, Interstate 5, U.S. Highway 50 and U.S. 99 are all located 3-11 miles from the
      city. The Sacramento International airport is located approximately 20 miles from the city.

                                                                    PROPERTY DESCRIPTION

      The Comstock is a two building complex of over 18,692 square feet of leasable space.

      The complex is ideally located one block south of Highway 80, the major connector of the
      West and East coasts.

      The complex was designed with a beautiful Spanish
      theme of white stucco with red tiled roofs.

      A beautiful courtyard area connects the two
      buildings.

      The building has an abundance of
      parking allowing easy access to
      all the building suites.




                John A. Belegrin                                                                                                             Bonnie Dominick
     Vice President/General Manager                                                                                                 Property Manager
              (916) 804-0657                                                                                          office (916) 218-6702 cell (916) 761-1506
     jbelegrin@goldcommercial.com                                                                                          bonnie.dominick@norcalgold.com
The information contained herein has been provided by the Owner or other sources deemed reliable. The Broker has not verified its accuracy and makes no guarantee or representation of this information.
                                The Tenants should conduct a thorough investigation of the property to verify the information and confirm the suitability for their needs.
                                                              The Comstock Building
                                                                   March 2008
            Building 8340
          Suite                                                           Tenant                                        Total Sq.Ft.                            Base Rent
          100                                       Frei Real Estate                                                            5,057                            $7,333.00
          125A                                      Payroll Today                                                                 412                              $576.00
          125D                                      KWS                                                                           300                              $450.00
          150                                       Jean Neill                                                                    154                              $350.00


            Building 8350
                                                                          Tenant                                       Total Sq. Ft.                            Base Rent
          Suite
          100                                       Associates Inc.                                                             1,250                            $1,600.00
          100A                                      Center For Whole Health                                                       317                              $587.71
          100B                                      Vacant                                                                        323                              $603.75
          105                                       In Negotiations                                                             1,373                                      0
          110 & 120                                 Primerica                                                                   1,760                            $2,768.48
          115                                       Vacant                                                                        252                                      0
          135                                       AJ Monteton                                                                   568                            $1,024.00
          140                                       Vacant                                                                        450                                      0
          150                                       Chapel of the Valley                                                        1,745                            $2,938.65
          200 A& B                                  Gold Rush                                                                   4,276                            $6,738.57
          Totals                                                                                                        18,237 sq.ft.                           $24,970.96



                John A. Belegrin                                                                                                             Bonnie Dominick
     Vice President/General Manager                                                                                                 Property Manager
              (916) 804-0657                                                                                          office (916) 218-6702 cell (916) 761-1506
     jbelegrin@goldcommercial.com                                                                                          bonnie.dominick@norcalgold.com
The information contained herein has been provided by the Owner or other sources deemed reliable. The Broker has not verified its accuracy and makes no guarantee or representation of this information.
                                The Tenants should conduct a thorough investigation of the property to verify the information and confirm the suitability for their needs.
                                                                The Comstock Building
                                                                 Investment Summary
         Property Address:
                                                     8340 & 8350 Auburn Blvd., Citrus Heights, CA 95610

         Location:                                   Southeast corner of Auburn Boulevard and Twin Oaks
                                                     Avenue, Citrus Heights, CA

         Assessor’s Parcel Number:                                                 204-0461-042

         Land Area:                                                                1.764 Acres (76,840 sq. ft.)

         Building Size:                                                            Gross: 20,915 sq. ft.

                                                                                   Rentable: 18,237 sq. ft.

         Price:                                                     $2,495,000

         Net Operating Income:                                      $180,140

         Cap Rate:                                                  7.22%




                John A. Belegrin                                                                                                             Bonnie Dominick
     Vice President/General Manager                                                                                                 Property Manager
              (916) 804-0657                                                                                          office (916) 218-6702 cell (916) 761-1506
     jbelegrin@goldcommercial.com                                                                                          bonnie.dominick@norcalgold.com
The information contained herein has been provided by the Owner or other sources deemed reliable. The Broker has not verified its accuracy and makes no guarantee or representation of this information.
                                The Tenants should conduct a thorough investigation of the property to verify the information and confirm the suitability for their needs.

								
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