1031 Exchange + Cash / Debt Free Investment Opportunity

Cogent Bay Fund 1
  • WELCOME
  • About Us
    • OUR MODEL
    • LEADERSHIP
  • OUR PORTFOLIO
  • CONTACT US
  • INVEST NOW
  • More
    • WELCOME
    • About Us
      • OUR MODEL
      • LEADERSHIP
    • OUR PORTFOLIO
    • CONTACT US
    • INVEST NOW
Cogent Bay Fund 1
  • WELCOME
  • About Us
    • OUR MODEL
    • LEADERSHIP
  • OUR PORTFOLIO
  • CONTACT US
  • INVEST NOW

OFFERING: 1560 E. Pacheco Commercial Property w/ Storage Exp

1560 E. Pacheco Commercial and Future Storage

This property is a one story commercial facility consisting of 4 buildings and includes 9,978 of retail space, storage, land for future storage expansion,  and is located in a major traffic hub with high profile tenants, Napa Auto Parts, Bimbo Bakeries, and local historic company Baker Supplies and Repairs. 





Photo Gallery

What Makes This Property Unique

Overall

SPECIFICATIONS

Valued at: $4,000,000

Buildings: 4 Buildings, 3 used as store front retail, 1 used exclusively for storage. It rents out parking spaces for commercial vehicles, and smaller storage and closed in areas are rented. This site will support the development of a self sustaining storage facility.

Style: Metal sided buildings and storage containers 

Roof: Pitched with Tile

Year Built: 1980

Rentable Square Footage: 9,978 sq. ft.

Asset: Class C

Site: 2.6 Acres

On Site Parking Spacing: Open

Lease:  100% Leased and Occupied


DEMOGRAPHICS

  • Heavy daytime traffic
  • Minimal owner maintenance
  • Long term tenants who are well respected in the community
  • Great opportunity to expand by building a storage facility
  • Excellent location to install electric charging stations for additional income
  • Adjacent to a large shopping center
  • City developers keen to see the area improved to attract businesses and families


ATTRACTION

Easy access. Located on a major thoroughfare with heavy commercial traffic. The availability of land in the area is attracting builders who are encouraged by the city developers to build self sustaining neighborhood centers in the area. This could potentially be a substantial boost to current and future tenants.

What Our Investors Can Expect

Income

RENTAL INCOME

Monthly Rents: $18,000

Annual Rents: $216,000

Other Annual Income: $TBD

Assumptions

Rental Growth Rate: 4.00%

Expense Growth Rate: 4.00%

Property Growth Rate: 4.00%

Marginal Tax Rate: 0.00%

Capital Gain Tax Rate: 0.00%

Financial Ratios

Year 1 Financial Ratios

Debt Coverage Ration (DCR): 2.26

Capitalization Rate Based on Cost: 4.70%

Capitalization Rate Based on FMV: 4.52%

Value of Property Using this Cap Rate: $4,000,000

Cash on Cash Return before Taxes: 9.36%

Cash on Cash Return after Taxes: 9.36%

Gross Rent Monthly Multiplier (GRM): 178.92


Year 5 Financial Ratios

Debt Coverage Ration (DCR): 2.40

Capitalization Rate Based on Cost: 5.44%

Capitalization Rate Based on FMV: 4.47%

Value of Property Using this Cap Rate: $

Cash on Cash Return before Taxes: 11.36%

Cash on Cash Return after Taxes: 11.36%

Gross Rent Monthly Multiplier (GRM): 178.92 


Year 10 Financial Ratios

Debt Coverage Ration (DCR): 2.90

Capitalization Rate Based on Cost: 6.56%

Capitalization Rate Based on FMV: 4.43%

Value of Property Using this Cap Rate: $

Cash on Cash Return before Taxes: 15.33%

Cash on Cash Return after Taxes: 15.33%

Gross Rent Monthly Multiplier (GRM): 178.92  


$25,000

1031 Exchange Investor $100,000

$25,000

Cash Investor

42%

1031 Exchange Investor $100,000

$25,000

Fully Loaded LTV

1031 Exchange Investor $100,000

1031 Exchange Investor $100,000

1031 Exchange Investor $100,000

Minimum Investment

5 Years

$2,088,000

5 Years

Loan Terms

10.5%

$2,088,000

5 Years

Interest Rate

$2,088,000

$2,088,000

$2,088,000

Equity Offering

  • OUR PORTFOLIO
  • THE OFFERING
  • INVEST NOW
  • GALLERY 1560
  • GALLERY CLLAIMM

COGENT BAY REALTY INC.

David C. Sowels, Fund Managing Director | Email: dsowels.3nrealty@gmail.com or dcsowels@cogentbay.com

Cell (707) 694-0221

Copyright © 2024 COGENT BAY REALTY INC. - All Rights Reserved.

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept