DOCSLIB.ORG

12402 Industrial Boulevard | Victorville, California

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
12402 Industrial Boulevard | Victorville, California :: OFFERING MEMORANDUM Capital Markets | Private Client Group :: INDUSTRIAL INVESTMENT 12402 Industrial Boulevard | Victorville, California Capital Markets | Private Client Group Value Add Institutional Quality Industrial/Office Incubator Park Priced at 50% Below Replacement Cost. TABLE OF CONTENTS 01 Property Summary Investment Summary Investment Highlights 02 Property Location Aerial Photographs Local and Regional Maps 03 Property Description Property Description Site Plan 04 The Market City Overview County Overview Sale Comparables 05 Financials Executive Summary Financing Assumptions Cash Flor Projections Leveraged Summary In-Place NOI vs. Pro-Forma NOI IPRO Forma Income Existing vs. Market Comparison Vacant Space Assumptions Lease Expirations For more information on Foxborough Business Park, please visit our website at Rent Roll www.pcgnb.com/FoxboroughBP Replacement Cost 3 FOXBOROUGH BUSINESS PARK | Property Summary 01 Property Summary Investment Summary Investment Highlights PROPERTY SUMMARY Investment Summary Investment Highlights Foxborough Business Park “Value Add” Industrial/Office Park Opportunity Priced at $8,250,000 ($64 PSF) which is significantly below 12402 Industrial Boulevard x Rare opportunity to acquire a seven building business the estimated replacement cost of $16,095,765 ($126 PSF) Victorville, CA 92395 park that is divided into 35 units. x Low future risk once the project is leased, of major Ideal Victorville Business Park Location Purchase Price ....................................$8,250,000 vacancy due to 35 separate units ranging from 805 to x Immediate I-15 freeway access via the 4-way interchange Price PSF ............................................$64 13,650 SF the largest only equating to 10.74% of the at Bear Valley Road. Year 1 NOI ........................................$675,847 total building area. x Centrally located off of Bear Valley Road, one of Year 1 In-Place Cap Rate .....................7.80% x Many of the existing tenants have been located within Victorville’s major East/West thoroughfares and is Building Size ......................................128,047 SF the Foxborough Business Park for over 8 years. home to numerous retail amenities such as Sears, Vons, Land Size ...........................................346,302 SF x Existing vacant units require little to no additional capital Walmart, Home Depot, Lowes and many more national Estimated Replacement Cost .................$126 PSF and are available for immediate occupancy. Also, retailers. smaller unit sizes will require less capital for tenant x Victorville is an ideal business community because of it’s improvements when spaces become vacant. affordable housing and access to a deep labor pool. x A wide variety of suite sizes and types allows tenants to The property is within 5 miles of 173,473 people with expand and contract throughout the business park which an estimated average household income of $61,036. will limit future vacancy. x Ideal business park amenities, within 2 miles of x Limited available office in Victorville and Hesperia the following: 14 restaurants, 9 grocery stores, 9 has resulted in one of the lowest vacancy rates in all pharmacies, 9 banks and 5 shopping centers. of Southern California. Between 1,000 and 15,000 square feet, there is 2,151,188 square footage of office space in the market with a vacancy rate of 7.6%. For industrial space between 2,000 and 20,000 square feet, there is 2,894,036 square feet where the vacancy rate is 6.1%. This low vacancy will help to increase tenant retention and limit downtime. 5 FOXBOROUGH BUSINESS PARK | Property Location 02 Property Location Aerial Photographs Local and Regional Maps THE MALL OF VICTOR VALLEY | Aerial Photographs PROPERTY LOCATION HI DESERT PLAZA Mojave (I-15) Freeway H DESERT VALLEY HOSPITAL Hesperia Road t e e tr S d oa e R in y e e m ll s v a i a r V J r D ea B a c i l i S I ndustrial Boulevard 7 FOXBOROUGH BUSINESS PARK | Aerial Photographs 8 In d u s tr i a l B o u le v a r d Jasmine Street PROPERTY LOCATION | Local and Regional Maps Foxborough Business Park Foxborough Business Park 9 FOXBOROUGH BUSINESS PARK | Property Description 03 Property Description Property Description Site Plan Floor Plans PROPERTY DESCRIPTION Property Description Parcel Statistics Address :: 12402 Industrial Boulevard Victorville, CA 92395 County :: San Bernardino Property Type :: Office/Industrial Business Park Total Buildings :: Seven (7) Number of Units :: Thirty-Five (35) Parking :: 396 spaces Year Built :: 1991 Construction Type :: Reinforced Concrete Tilt-up Fire Sprinklers :: Yes Loading :: Ground Level Power :: 100 amps per unit PARCEL LAND SIZE BUILDING OFFICE INDUSTRIAL Zoning :: M-2T BUILDING NUMBER NUMBER (SF) SIZE (SF) SPACE (SF) SPACE (SF) 12402 Industrial Boulevard 3091-261-07 346,302 128,047 46,532 81,515 TOTAL 346,302 128,047 11 FOXBOROUGH BUSINESS PARK | Site Plan Building C JASMINE STREET Multi-Tenant Building A Multi-Tenant Building E Building F Building G Industrial Industrial Industrial Divisible Divisible Divisible Building D Multi-Tenant Building B Multi-Tenant INDUSTRIAL BOULEVARD 12 PROPERTY DESCRIPTION | Floor Plans F2 F1 A1 G1 E1, 2 & 3 F1&F2A A2 G2 Building C A11 F3 G3 A3 A10 A4 A9 E4 F4 G4 D1 E5 A5 A8 G5 F5 & 6 G6 A6 A7 D2 E6 A D3 D3 E7 F7 G7 D4 G8 E8 D5A B1 B2 B3 B4 B5 B6 B7 E9 F8, 9 & 10 G9 E10 G10 D7 Suite Tenant Sq. Ft. BUILDING A 10,858 Suite Tenant Sq. Ft. Suite Tenant Sq. Ft. A01 American Univ. of Med Tech. 2,418 BUILDING C 11,375 BUILDING F 26,970 A02_10 Good Deal Realty 1,433 C01-07 Desert Valley Medical Group 11,375 F01-02 Lifecare Solutions 4,500 A03 Strands Hair Co. 1,298 BUILDING D 12,348 F01-02A Management Office 1,000 A04 Desert Valley Hospital 1,242 D01-02 Smart Fit 3,948 F03 Desert Valley Medical Group 2,720 A05 Advanced Micro Technologies 680 D03-07 County of San Bernardino 8,400 F04 Desert Valley Medical Group 2,550 A06 James Hearing Aid Center 1,064 BUILDING E 27,300 F05-06 FleetPride Inc. 5,100 A07 VACANT 805 E01-03 VACANT 8,550 F07 Desert Valley Medical Group 2,550 A08 VACANT 829 E04 Victor Valley Community Hospital 2,550 F08-10 Iglesia Mision Christiana 8,550 A09 VACANT 778 E05 VACANT 2,800 BUILDING G 27,300 A11 Victoria Staging & ReDesign 311 E06 VACANT 2,550 G01-05 Bear Valley Rentals 5,400 BUILDING B 11,896 E07 VACANT 2,550 G02-03 Desert Valley Medical Group 5,700 B01 Glenn P Matney, M.D. 1,650 E08 R & R Electric 2,850 G04 VACANT 2,550 B02-05 VACANT 6,746 E09-10 Mojave Copy & Printing 5,450 G06-10 Desert Valley Medical Group 13,650 B06 Roger Moushabek, M.D. 1,750 TOTAL 128,047 B07 Omaha Woodman Life Insurance 1,750 FOXBOROUGH BUSINESS PARK | The Market 04 The Market City Overview County Overview Sale Comparables THE MARKET City Overview Victorville is a city located in the Victor Valley of southwestern San Bernardino County. Victor Valley The community was incorporated on September 21, 1962, and has a population of over Victor Valley is a subregion of Southern California north of the San Bernardino Mountains 107,000. Estimates suggest that this figure more than doubles during business hours to in the Mojave Desert. It is located in San Bernardino County and situated east of the accommodate the needs of the more than 300,000 people who call the Victor Valley Antelope Valley and north of the Cucamonga Valley. The Victor Valley is part of the 14th home. Victorville is accessible via Interstate 15 and Highway 395, linking the city with largest metropolitan area, the Inland Empire. Out of 6 incorporated cities, the largest all other areas of Southern California and to Las Vegas. An integral part of the high one is Victorville. The Victor Valley ranks second to Coachella Valley and Imperial Valley desert, Victorville enjoys the advantage of being right in the middle of two highly popular in the fastest-growing overall in California, the United States and some say all of North destinations in the United States. High desert living in Victorville offers outstanding America. opportunities for plentiful, secure employment, home ownership, higher education, safe neighborhoods and nearby desert, lake and mountain recreation. The Victor Valley includes the communities of Adelanto, Apple Valley, Hesperia, Lucerne Valley, Oak Hills, Phelan, Victorville and Wrightwood. Victorville is the business hub Victorville is the multimodal transportation hub of Southern California. Transporting of the area and draws consumers from well beyond its immediate area. It is the largest cargo via truck, rail or air, Victorville brings them all together and on their way within a commercial center between San Bernardino and the Nevada border. The Victor Valley pro-business, fast track environment. 60% of all goods moving into and out of Southern has an estimated population of 350,000. The urban sprawl is in a 10 mile radius from California travel through Victorville. Victorville in an otherwise “rural” desert region. x Southern California Logistics Airport (SCLA): A 5,000-acre international logistics hub Top 10 Employers for Victorville with multimodal capabilities, including ground transportation services and a 2-hour Company Name No. of Employees turnaround. Many major corporations are relocating to SCLA, including Boeing, Verizon Directories Corp 800 General Electric Aircraft Engineering and Pratt & Whitney. Victor Valley Union High School District Financing 800 x BNSF Logistics Facility (proposed): BNSF Railway Company and the City of Victorville Victor Valley Community Hospital 620 signed an exclusive Memorandum of Understanding (MOU) in January 2007 to explore development of a major intermodal logistics center at Victorville’s railway Victor Valley Community College District 600 center, adjacent to SCLA, nationally recognized for its unique development through Victor Elementary School District 575 public-private partnerships.
Load more

Recommended publications
  • Chino Basin Water Bank Strategic Plan
    attExperience statements for each of the ARCADIS team members can be found in the ARCADIS Chinoproposal (AttachmentBasin C). Water Bank Strategic Plan WaterSMART Grants: Water Marketing Strategy Grants Funding Opportunity BOR-DO-1ϴ-F01Ϭ Inland Empire Utilities AgencyAgency JasonJason Gu, Grants OfficerOfficer 66075075 Kimball Avenue |Chino|Chino |CA|CA 91708 [email protected]@ieua.org Table of Contents Technical Proposal and Evaluation Criteria .................................................................................................. 1 Executive Summary ................................................................................................................................... 1 Background Data ....................................................................................................................................... 1 Project Location ........................................................................................................................................ 4 Project Description.................................................................................................................................... 4 Evaluation Criteria ................................................................................................................................... 11 Evaluation Criterion A – Water Marketing Benefits ........................................................................... 11 Evaluation Criterion B – Level of Stakeholder Support and Involvement ..........................................13
    [Show full text]
  • Fiscal Years 2021 & 2022 Cucamonga Valley Water
    CUCAMONGA VALLEY WATER DISTRICT RANCHO CUCAMONGA, CA BUDGET FISCAL YEARS 2021 & 2022 CUCAMONGA VALLEY WATER DISTRICT TABLE OF CONTENTS BUDGET MESSAGE ....................................... 3 Debt .............................................................................................99 District-Wide Goals and Strategies ........................................ 4 DEPARTMENT INFORMATION .................. 102 Notable accomplishments ......................................................... 5 Position Summary Schedule ..................................................103 Short-Term Factors Influencing the Budget .......................... 5 Departmental Descriptions ..................................................105 Significant Budgetary Items ...................................................... 6 Executive Division .................................... 106 Budget Overview ........................................................................ 8 Board of Directors .................................................................107 Resolution NO. 2020-6-1 ........................................................10 Office of the General Manager ............................................109 Goals & Objectives ...................................................................11 Administrative Services Division ............. 111 Budget Guide .............................................................................14 Office of the Assistant General Manager ...........................112 History & Profile .......................................................................16
    [Show full text]
  • March 10, 2016 Mr. Todd Noethen Vice President, Distribution Support
    March 10, 2016 Mr. Todd Noethen Vice President, Distribution Support Services AVDC, Inc. 300 Phillipi Road Columbus, Ohio 43228 RE: Archaeological and Paleontologic Assessment Jupiter Project – Navajo Road Apple Valley, San Bernardino, California Project # 2070.01 Dear Mr. Noethen: Northgate Environmental Management, Inc. (Northgate) is submitting the attached Final Archaeological and Paleontological Resources Phase I Assessment, for the Jupiter Project property located on Navajo Road in the City of Apple Valley, San Bernardino County, California. Should you have any questions or require additional information, please do not hesitate to call at (949) 716-0050 ext. 101. Sincerely, Northgate Environmental Management, Inc. Derrick Willis Principal Attachment: Archaeological and Paleontological Resources Phase I Assessment, cc: Roland M. Longo, Haskell Architects & Engineers PA Michael H. Wheeler, Haskell Architects & Engineers PA 428 13th Street, 4th Floor 24411 Ridge Route Drive, Suite 130 20251 Century Boulevard, Suite 315 Oakland, California 94612 Laguna Hills, California 92653 Germantown, Maryland 20874 tel 510.839.0688 tel 949.716.0050 tel 301.528.1500 www.ngem.com ATTACHMENT ARCHAEOLOGICAL AND PALEONTOLOGICAL RESOURCES PHASE I ASSESSMENT Archaeological and Paleontological Resources Phase I Assessment Jupiter Project – Navajo Road, Town of Apple Valley, San Bernardino County, California Prepared for: Northgate Environmental Management, Inc. 24411 Ridge Route Drive, Suite 130 Laguna Hills, California 92653 Prepared by: Denise Ruzicka, M.A., M.S., RPA Edited by: Robin Turner, M.A. Michael X. Kirby, Ph.D. ArchaeoPaleo Resource Management Inc. 1531 Pontius Ave, Suite 200 Los Angeles, CA 90025 424.248.3316 USGS 7.5-Minute Topographic Quadrangle: Apple Valley North (1970 revised 1993) Area: 106.4 acres March 2016 This document contains sensitive information regarding the location of archaeological sites which should not be disclosed to the general public or other unauthorized persons.
    [Show full text]
  • Water Writes Spring 2011 Newsletter
    CALIFORNIA water writes Esri • Spring 2011 GIS for Water/Wastewater In This Issue Fine Wine to Enterprise GIS Esri on the Road p2 Cucamonga Valley Water District Esri Online p2 Esri News p2 The Cucamonga Valley is an area that lies Cucamonga Valley Water District (CVWD) GIS Puts Culver City Sewer Maps in p6 Their Place between the cities of Los Angeles and San was formed in 1955 as a special district under Bernardino in San Bernardino County, the provisions of Division 12 of the California Subsurface Utilities Mapping Program p8 Decreases Cost and Reduces Risk California. Originally known for its vast State Water Code and is an independent unit of vineyards and wineries, the valley hosted local government. It was formed from 23 small iWater—Take Your GIS to the Next Level p11 60 wineries and over 35,000 acres of vine from agricultural water systems and pipelines and the mid-1800s to the 1940s. In recent years, serves the City of Rancho Cucamonga and sewer connections and an average daily de- most of the vineyards have given way to unprec- portions of the cities of Fontana, Ontario, and mand of approximately 50 million gallons. edented growth in residential, commercial, and Upland. CVWD serves over 180,000 custom- Its water source is from purchased water industrial development, with two wineries and ers within a 47-square-mile service area that (Metropolitan Water District), ground water under 1,000 acres of vineyard remaining. includes 50,000 water connections and 35,000 wells, and surface runoff from the local foot- hill canyons.
    [Show full text]
  • Listing of Self-Governed Special Districts San Bernardino County
    Listing of Self-Governed Special Districts San Bernardino County Presented courtesy of the Local Agency Formation Commission for San Bernardino County 215 North D Street, Suite 204 San Bernardino, CA 92415-0490 (909) 383-9900; FAX (909) 383-9901 E-mail: [email protected] Web Site: www.sbclafco.org Updated July 2013 LISTING OF SELF-GOVERNED SPECIAL DISTRICTS SAN BERNARDINO COUNTY TABLE OF CONTENTS Page AIRPORT DISTRICTS 2 CEMETERY DISTRICTS 3 COMMUNITY SERVICES DISTRICTS 4 FIRE PROTECTION DISTRICTS 10 HEALTHCARE DISTRICTS 14 MOSQUITO ABATEMENT & VECTOR CONTROL DISTRICTS 16 RECREATION AND PARK DISTRICTS 17 RESOURCE CONSERVATION DISTRICTS 18 SANITATION DISTRICT 19 WATER DISTRICTS MUNICIPAL WATER DISTRICTS 20 WATER CONSERVATION DISTRICTS 22 WATER DISTRICTS 23 SPECIAL ACT WATER AGENCIES 32 ASSOCIATION OF THE SAN BERNARDINO COUNTY SPECIAL DISTRICTS 34 1 Local Agency Formation Commission, County of San Bernardino 215 North D Street, Suite 204, San Bernardino, CA 92415-0490 AIRPORT DISTRICTS BIG BEAR AIRPORT DISTRICT CONTACT: James “Pete” Gwaltney, Manager 3rd District Formed: 12/17/79 PHONE: (909) 585-3219 Powers: Airport FAX: (909) 585-2900 EMAIL: [email protected] Office Hours: WEBSITE: www.bigbearcityairport.com M – F 7:00 am – 6:00 pm Sat & Sun 8:00 am – 5:00 pm MAIL: P.O. Box 755 Big Bear City, CA 92314 OFFICE: 501 Valley Boulevard Big Bear City, CA 92314 Board of Directors Title Name Term End Date President Julie Smith 2016 Vice President Gary Stube 2014 Director Steve Castillo 2016 Director Steve Baker 2014 Director Chuck Knight 2016 YUCCA VALLEY AIRPORT DISTRICT CONTACT: Chris Hutchins, Board President 3rd District Robert “Bob” Dunn, Vice President/Manager Formed: 6/7/82 Powers: Airport PHONE: (760) 401-0816 FAX: (760) 228-3152 EMAIL: [email protected] Office Hours: WEBSITE: www.yuccavalleyairport.com M – F 8:00 am – 5:00 pm MAIL: P.O.
    [Show full text]
  • Cucamonga Valley Water District Board of Directors Meeting Agenda
    ~ ~ Cucamonga Valley ® ~ Water District Service Beyond Expectation CUCAMONGA VALLEY WATER DISTRICT BOARD OF DIRECTORS MEETING AGENDA February 25, 2020 - 6:00 p.m. District Office, Board Room I 0440 Ashford Street; Rancho Cucamonga, California OUR MISSION The mission of the Cucamonga Valley Water District is to provide high quality, safe and reliable water and wastewater services, while practicing good stewardship of natural and financial resources. I. CALL TO ORDER / FLAG SALUTE 2. ADDITIONS/DELETIONS TO AGENDA 3. PUBLIC COMMENT Members of the public may comment on any item listed or not listed on the agenda. Comments related to noticed public hearing items will be heard at the time the public hearing is conducted. Speakers are requested to keep their comments to no more than five (5) minutes. The President may reduce the time to not less than three (3) minutes depending upon the number of speakers wishing to address the Board. Under the provisions of the Brown Act, the Board is prohibited from taking action on items not listed on the agenda. 4. GENERAL MANAGER/CEO REPORTS John Bosler, General A) District Updates Manager/CEO B) IEUA Board Meeting Agenda 5. CONSENT CALENDAR All matters listed under the Consent Calendar are considered routine and will be enacted by one vote. There will be no separate discussion of these items unless members of the Board request specific items be removed for separate action. A) Approve Minutes of the February I I, 2020 Regular Board Meeting. B) Approve Board Calendar of Events. C) Approve Cash & Investment Report for month ending December 31, 2019.
    [Show full text]
  • Cucamonga Valley Water District Board of Directors Meeting Agenda
    .! .! Cucamonga Valley® ~ Water District Service Beyond Expectation CUCAMONGA VALLEY WATER DISTRICT BOARD OF DIRECTORS MEETING AGENDA October 12, 2021 – 6:00 p.m. District Office, Board Room 10440 Ashford Street; Rancho Cucamonga, California As permitted under AB 361, in an effort to protect public health, prevent the spread of COVID-19 (Coronavirus), and because state and/or local officials are recommending or imposing measures to promote social distancing, the public may participate in this Board meeting virtually. For those who wish to participate virtually, please use the following information: (877) 568-4106, Access Code: 955- 106-309 https://global.gotomeeting.com/join/955106309. Please be advised that members of the public are permitted to attend this meeting in person at the location listed above. OUR MISSION The mission of the Cucamonga Valley Water District is to provide high quality, safe and reliable water and wastewater services, while practicing good stewardship of natural and financial resources. 1. CALL TO ORDER / FLAG SALUTE 2. ADDITIONS/DELETIONS TO AGENDA 3. PUBLIC COMMENT Members of the public may comment on any item listed or not listed on the agenda. Comments related to noticed public hearing items will be heard at the time the public hearing is conducted. Speakers are requested to keep their comments to no more than five (5) minutes. The President may reduce the time to not less than three (3) minutes depending upon the number of speakers wishing to address the Board. Under the provisions of the Brown Act, the Board is prohibited from taking action on items not listed on the agenda.
    [Show full text]
  • Round 3 Program/Project Concepts
    Round 3 Program/Project Concepts Color Name Agency Program/Project Email Glenn Cajar Chino CA Resident Garden Friendly landscapes [email protected] Nancy Horton City of Canyon Lake Friendly Landscaping [email protected] Linda Nixon City of Hemet Water Rate Structures - efficient Use [email protected] Eric Grubb Cucamonga Valley Water District Tiered Rates [email protected] Eric Grubb Cucamonga Valley Water District Fixed Network/Smart Meters [email protected] Nehal Thumar David Taussig & Associates Water Rate Structures with leak detection [email protected] Brian Powell Eastern Municipal Water District Landscape Guidance Manual [email protected] Brian Powell Eastern Municipal Water District Smart Controllers & Nozzles [email protected] Jesus Gastelum Elsinore Valley Municipal Water District Task force to share & Evaluate demand Reduction/Efficiency [email protected] LeAnne Hamilton Inland Empire Utilities Agency Coordinated Rebate Program - Mult. Agencies [email protected] Jason Uhley Riverside County Flood Control and Water LID/StormWater/Use Efficiency/ Flow reduction [email protected] Demand Reduction Conservation District and Water Use Jolene Church Riverside Public Utility Smart Irrigation Controllers [email protected] Efficiency Mark Adelson RWQCB Santa Ana Region Community Based vegetable Gardening project/provide [email protected] community nutrition and produce water quality services Sarah Miggins Southern California Mountain Foundation Outreach [email protected] James
    [Show full text]
  • Federal Register / Vol. 60, No. 62 / Friday, March 31, 1995 / Rules and Regulations
    16576 Federal Register / Vol. 60, No. 62 / Friday, March 31, 1995 / Rules and Regulations Authority: 26 U.S.C. 7805 * * *. establishment of definite American bonded wineries within the proposed Par. 2. Section 18.0 is revised to read viticultural areas. The regulations also area, and approximately 2,000 acres are as follows: allow the name of an approved planted to wine grapes. The petitioner viticultural area to be used as an notes ``the area's great history and § 18.0 Effective date of temporary appellation of origin in the labeling and heritage of wine growing and regulations under the Subchapter S advertising of wine. winemaking is truly more impressive Revision Act of 1982. On October 2, 1979, ATF published than the number of acres currently The temporary regulations provided Treasury Decision ATF±60 (44 FR farmed.'' under §§ 18.1361±1, 18.1377±1, 56692) which added a new part 9 to 27 The petition was also signed by Philo 18.1379±1, and 18.1379±2 are effective CFR, providing for the listing of Biane of Rancho de Philo Winery, Rene with respect to taxable years beginning approved American viticultural areas. Biane of Guasti Plaza, Don Galleano of after 1982, and the temporary Section 4.25a(e)(1), Title 27, CFR, Galleano Winery, Paul Hofer III of Hofer regulations provided under § 18.1378±1 defines an American viticultural area as Ranch, LeAnn Smothers of the City of are effective with respect to elections a delimited grape-growing region Rancho Cucamonga, and Jeff Wilson, of made after October 19, 1982. distinguishable by geographical Inland Empire West Resource Cynthia E.
    [Show full text]
  • Victorville, CA 92394
    VICTORVILLE STORAGE DEVELOPMENT Mojave Drive, Victorville, CA 92394 Brandon M. Robinson President & Broker 155 W. Hospitality Lane Suite 265 San Bernardino, CA 92407 (909) 380-0073 Office (760) 534-8135 Mobile (909) 839-4531 Fax Cal BRE# 01787727 Cal BRE# 02023477 [email protected] John 3:16 TABLE OF CONTENTS Local Area…………………. Investment Overview…….. Property Profile……........… Photos & Maps……............ Rental Survey…….............. Site Plan…………………… Building Fees & Costs……. City Planning Info………… Unit Mix…………................ Income & Expenses........... Value Analysis…………….. Lender & Developer Info…. Broker Remarks…...………. The information herein has been obtained from sources deemed reliable. We have no reason to doubt its accuracy, but do not guarantee it. The prospective buyer should carefully verify information contained herein. Romans 10:9 LOCAL AREA Victorville is a city of 126,000 residents in the high desert of San Bernardino County. The city is 20 minutes north of the Ontario Airport and is the 4th most populated city in the County and 49th most populated city in California. Named after railroad pioneer Jacob Nash Victor, the city of Victorville was incorporated on September 21st of 1962. Victorville is one of the fastest growing areas in California having witnessed a population increase of 80% since the year 2000 and 154% since 1990. This rapid growth in population is due in part to affordable housing and convenient access to inland empire cities such as San Bernardino, Ontario, Rancho Cucamonga, Fontana, and Riverside. The City is also a major transportation Hub located along the 15 freeway between Los Angeles and Las Vegas. The Victorville area has been the location of several TV & Film productions such as Grand Theft Auto, The Hitcher, Lethal Weapon, From Dusk Till Dawn, Face Off, Kill Bill: Volume 2, and Fast and the Furious Tokyo Drift.
    [Show full text]
  • APPENDIX a Revised Cultural Resources Technical Report
    APPENDIX A Revised Cultural Resources Technical Report CULTURAL RESOURCES TECHNICAL REPORT for the ETIWANDA HEIGHTS NEIGHBORHOOD AND CONSERVATION PLAN CITY OF RANCHO CUCAMONGA, CALIFORNIA Prepared for: Sargent Town Planning 706 South Hill Street, 11th Floor Los Angeles, CA 90014 Contact: David Sargent Prepared by: Adriane Dorrler, BA, Micah Hale, PhD, RPA, Kate Kaiser, MSHP, Linda Kry, BA, and Rachel Hoerman, PhD, RPA 38 N. Marengo Avenue Pasadena, CA 91101 JUNE 2019 Printed on 30% post-consumer recycled material. Cultural Resources Technical Report for the Etiwanda Heights Neighborhood and Conservation Plan, Rancho Cucamonga, California NATIONAL ARCHAEOLOGICAL DATABASE (NADB) INFORMATION Authors: Adriane Dorrler, BA, Micah Hale, PhD, RPA, and Kate Kaiser, MSHP Firm: Dudek Project Proponent: Sargent Town Planning 706 South Hill Street, 11th Floor Los Angeles, CA 90014 Contact: David Sargent Report Date: June 2019 Report Title: Cultural Resources Technical Report for the Etiwanda Heights Neighborhood and Conservation Plan, Rancho Cucamonga, California Type of Study: Cultural Resources Inventory and Significance Evaluation New Sites: Temporary Designations: 9020-AD-02, 9020-AV-01, 9020-BC-01, 9020- ISO-PH-01, 9020-ISO-AD-01, 9020-ISO-KS-01 Updated Sites: None USGS Quads: Rancho Cucamonga Peak, Mount Baldy, Devore, CA 1:24,000; T 1N / R 6W, 7W Acreage: Approximately 4,388 acres Keywords: survey, intensive, positive results, evaluation, historic refuse scatter, bedrock milling station, 4,388 acres, City of Rancho Cucamonga 9020 i January 2019 Cultural Resources Technical Report for the Etiwanda Heights Neighborhood and Conservation Plan, Rancho Cucamonga, California INTENTIONALLY LEFT BLANK 9020 ii January 2019 Cultural Resources Technical Report for the Etiwanda Heights Neighborhood and Conservation Plan Rancho Cucamonga, California TABLE OF CONTENTS Section Page No.
    [Show full text]
  • Magazine Inside Insight: Teacher Inspired to Take Leadership Classes to Victorville Students Apple Valley 18564 Hwy
    May/June 2010 victorville chamber of commerce insightmagazine inside insight: Teacher inspired to take leadership classes to Victorville students Apple Valley 18564 Hwy. 18 “Welcome to Our Valley” (760) 242-7221 Hesperia 15545 Bear Valley Rd. (760) 244-5464 Wrightwood 2008 Palm Springs 2008 Hesperia 14411 Main St., Ste A (760) 956-2361 Phelan Spring Valley Lake 2008 4634 Phelan Rd., Ste F (760) 868-6620 Shear Realty Pinon Hills YOUR High Desert 815 Highway 138 Source for (760) 868-7720 Residential Victorville Investment 12170 Spring Valley Pkwy. Commercial (760) 243-3803 Properties Victor Valley’s #1 Real Estate Company 1719 Consecutive Years www.shearrealty.comwww.shearrealty.com CHAIRMAN’S MESSAGE insight Leading the Way magazine Executive Committee 2009-10 John Kelberlau Chairman of the Board Desert Community Bank Rob Kurth VP Economic Enhancement Lee & Associates - Victorville he 19th century Norwegian poet Angela Gardner VP Business Services Henrik Ibsen said, “A community Goodwill Southern California is like a ship; everyone ought to be T Dwight Johnson prepared to take the helm.” But what does it VP Financial Services take to become a leader? Is it organizational El Dorado Broadcasters skills or communication? Does is all boil Val Matteson down to having the right connections? VP Special Events Val Matteson Consulting Services Your Victorville Chamber of Commerce Sharon Rodriguez membership provides you with the VP Membership & Community Services Southwest Gas Corporation opportunity to learn about how to become a great community leader Margaret R. Peterson, Ph.D. Past Chairman of the Board and to routinely network with many Desert Valley Medical Group of the Victor Valley’s leaders – from Board of Directors 2009-10 government to education to charitable Pat Caldwell, Ph.D Management Consultant organizations and of course business.
    [Show full text]