Everett Business Park
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park 9930 EVERGREEN WAY, BUILDING X, EVERETT, WA E
L SA D CE CE! U I D RE PR
> Purchase price: $2,400,000 ($131.50/SF) > Total building size: 18,251 SF > Space available to owner/user: 9,392 SF > Owner/user eligible for SBA Financing > Leases in place on 9,129 SF with long-term leases and excellent credit
> Close proximity to Boeing - Everett > Visibility along Highway 99/Evergreen Way
EE
BOEING
FWY
5
TT ERE
EV
NW AY
522
527 112TH STREET SE
EE AY DW
NORTH
AY LW MAL
ER GR
5
SILVER LAKE
EV
EE SP
DEREK HEED 425 453 3133 BELLEVUE, WA [email protected]
TEO KIL MU
> Total parking spaces: 103 (5.64/1,000 RSF) > Close proximity to Boeing and Everett > Zoning C-1, city of Everett
SE
AD RO RT PO
525
Features
526
EV PAINE FIELD
AIR
> 9,392 SF total • Divisible to: 1,824 SF / 2,658 SF / 4,910 SF > Lease rate: $14.50/SF/Year, NNN
PAINE FILED BLVD
Space Available for Lease
BOEING FWY
ER GR
526
THE BOEING COMPANY
NW AY
Location
SEAWAY BLVD
Building Available for Purchase
AIRPORT ROAD
96
99
COLLIERS INTERNATIONAL 11225 SE 6th Street, Suite 240 Bellevue, WA 98004 www.colliers.com
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Site Plan
SOLD
SOLD
AVAILABLE FOR SALE
AVAILABLE FOR SALE 18,251 TOTAL SQUARE FEET
SUITE 110B 2,658 RSF
SUITE 108 4,910 RSF
3 SUITES AVAILABLE FOR LEASE 9,392 TOTAL SQUARE FEET
SUITE 100 1,824 RSF
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Location
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Location
Buzz Inn Steakhouse
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Bus Routes
Everett Business Park
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Financing Structure Outline
Bank of America Merrill Lynch Commercial Real Estate Banking Bank of America Merrill Lynch is proud to present the following owner-user commercial loan options for a $2,400,000 purchase
Conventional
SBA 504 Program
Down Payment: $480,000
Down Payment: $240,000
Bank of America Merrill Lynch Loan: $1,920,000 1st Loan: $1,200,000 10 Year Fixed, 20 Year Amort Rate 4.50% 10 Year Fixed Rate 4.55% Total Monthly Payment $12,147 25 Year Amort Payment $6,704 7 Year Fixed, 20 Year Amort Rate 4.05% 2nd Loan: $983,000 Total Monthly Payment $11,685 20 Year Term/Amort Fixed Rate 4.21% 5 Year Fixed, 20 Year Amort Rate 3.65% Payment $6,066 Total Monthly Payment $11,284 Total Monthly Payment $13,770 Variable Rate, 20 Year Amort Rate 2.95% Total Monthly Payment $10,600 Offers lower debt service coverage requirements than conventional Can be used to purchase, refinance or construct an owner-occupied business property Simplified application & appraisal Below market, fixed rates
Offers higher loan to value ratios Allows property improvements to be included in total funding Provides longer term fixed rates and amortization Refinance now available
Ready to purchase? Here’s our financial package checklist: 3 Years Business Financials 3 Years Personal Financials Current Financials
Current Schedule of Debt Personal Financial Statement Purchase & Sale Agreement
Commercial Loan Life Cycle *subject to loan type. SBA may take longer
Underwriting (4-8 days)
Submit Package
Plan for Closing
Request Appraisal (3 weeks)
Loan Structure & Commitment (1-3 days)
Close/Escrow
(1-3 days)
Title & Documentation (2 weeks)
(1-2 days)
Review Documents (2 days)
Contact Information: Financing: Devin Blanchard Vice President & Client Manager Bank of America Merrill Lynch Bank of America, N.A. [email protected] Tel: 206.358.6522
Property: Derek Heed Senior Vice President Colliers International [email protected] Tel: 425.453.3133
These materials have been prepared by one or more subsidiaries of Bank of America Corporation for the client or potential client to whom such materials are directly addressed and delivered (the "Company") in connection with an actual or potential mandate or engagement and may not be used or relied upon for any purpose other than as specifically contemplated by a written agreement with us. These materials are based on information provided by or on behalf of the Company
and/or other potential transaction participants, from public sources or otherwise reviewed by us. We assume no responsibility for independent investigation or verification of such information (including, without limitation, data from third DEREKparty HEED suppliers) and have relied on such information being complete and accurate in all material respects. To the extent such information includes estimates and forecasts of future financial performance prepared by or reviewed with the
INTERNATIONAL estimates and judgments of such managements (or, with respect to estimates and forecasts obtained from public sources, represent reasonable estimates). No representation orCOLLIERS warranty, express or implied, is made as to the accuracy or 425 453 3133 completeness of such information and nothing contained herein is, or shall be relied upon as, a representation, whether as to the past, the present or the future. These materials were designed for use by specific persons familiar with the managements of the Company and/or other potential transaction participants or obtained from public sources, we have assumed that such estimates and forecasts have been reasonably prepared on bases reflecting the best currently available
11225 SE 6th Street, Suite 240
business and affairs of the Company and are being furnished and should be considered only in connection with other information, oral or written, being provided by us in connection herewith. These materials are not intended to provide the sole basis for evaluating, and should not be considered a recommendation with respect to, any transaction or other matter. These materials do not constitute an offer or solicitation to sell or purchase any securities and are not a commitment by
Bank of America Corporation or any of its affiliates to provide or arrange any financing for any transaction or to purchase any security in connection therewith. These materials are for discussion purposes and are subject to our review BELLEVUE, WA Bellevue, WAonly98004 and assessment from a legal, compliance, accounting policy and risk perspective, as appropriate, following our discussion with the Company. We assume no obligation to update or otherwise revise these materials. These materials have not been prepared with a view toward public disclosure under applicable securities laws or otherwise, are intended for the benefit and use of the Company, and may not be reproduced, disseminated, quoted or referred to, in whole or in part,
without our prior written consent. These materials may not reflect information known to other professionals in other business areas of Bank of America Corporation and its affiliates. www.colliers.com [email protected]
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved.
Everett Business Park 9930 EVERGREEN WAY, BUILDING X, EVERETT, WA E
L SA D CE CE! U I D RE PR
> Purchase price: $2,400,000 ($131.50/SF) > Total building size: 18,251 SF > Space available to owner/user: 9,392 SF > Owner/user eligible for SBA Financing > Leases in place on 9,129 SF with long-term leases and excellent credit
> Close proximity to Boeing - Everett > Visibility along Highway 99/Evergreen Way
EE
BOEING
FWY
5
TT ERE
EV
NW AY
522
527 112TH STREET SE
EE AY DW
NORTH
AY LW MAL
ER GR
5
SILVER LAKE
EV
EE SP
DEREK HEED 425 453 3133 BELLEVUE, WA [email protected]
TEO KIL MU
> Total parking spaces: 103 (5.64/1,000 RSF) > Close proximity to Boeing and Everett > Zoning C-1, city of Everett
SE
AD RO RT PO
525
Features
526
EV PAINE FIELD
AIR
> 9,392 SF total • Divisible to: 1,824 SF / 2,658 SF / 4,910 SF > Lease rate: $14.50/SF/Year, NNN
PAINE FILED BLVD
Space Available for Lease
BOEING FWY
ER GR
526
THE BOEING COMPANY
NW AY
Location
SEAWAY BLVD
Building Available for Purchase
AIRPORT ROAD
96
99
COLLIERS INTERNATIONAL 11225 SE 6th Street, Suite 240 Bellevue, WA 98004 www.colliers.com
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Site Plan
SOLD
SOLD
AVAILABLE FOR SALE
AVAILABLE FOR SALE 18,251 TOTAL SQUARE FEET
SUITE 110B 2,658 RSF
SUITE 108 4,910 RSF
3 SUITES AVAILABLE FOR LEASE 9,392 TOTAL SQUARE FEET
SUITE 100 1,824 RSF
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Location
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Location
Buzz Inn Steakhouse
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Bus Routes
Everett Business Park
FOR SALE/LEASE > EXCELLENT OWNER/USER OPPORTUNITY
Everett Business Park > Financing Structure Outline
Bank of America Merrill Lynch Commercial Real Estate Banking Bank of America Merrill Lynch is proud to present the following owner-user commercial loan options for a $2,400,000 purchase
Conventional
SBA 504 Program
Down Payment: $480,000
Down Payment: $240,000
Bank of America Merrill Lynch Loan: $1,920,000 1st Loan: $1,200,000 10 Year Fixed, 20 Year Amort Rate 4.50% 10 Year Fixed Rate 4.55% Total Monthly Payment $12,147 25 Year Amort Payment $6,704 7 Year Fixed, 20 Year Amort Rate 4.05% 2nd Loan: $983,000 Total Monthly Payment $11,685 20 Year Term/Amort Fixed Rate 4.21% 5 Year Fixed, 20 Year Amort Rate 3.65% Payment $6,066 Total Monthly Payment $11,284 Total Monthly Payment $13,770 Variable Rate, 20 Year Amort Rate 2.95% Total Monthly Payment $10,600 Offers lower debt service coverage requirements than conventional Can be used to purchase, refinance or construct an owner-occupied business property Simplified application & appraisal Below market, fixed rates
Offers higher loan to value ratios Allows property improvements to be included in total funding Provides longer term fixed rates and amortization Refinance now available
Ready to purchase? Here’s our financial package checklist: 3 Years Business Financials 3 Years Personal Financials Current Financials
Current Schedule of Debt Personal Financial Statement Purchase & Sale Agreement
Commercial Loan Life Cycle *subject to loan type. SBA may take longer
Underwriting (4-8 days)
Submit Package
Plan for Closing
Request Appraisal (3 weeks)
Loan Structure & Commitment (1-3 days)
Close/Escrow
(1-3 days)
Title & Documentation (2 weeks)
(1-2 days)
Review Documents (2 days)
Contact Information: Financing: Devin Blanchard Vice President & Client Manager Bank of America Merrill Lynch Bank of America, N.A. [email protected] Tel: 206.358.6522
Property: Derek Heed Senior Vice President Colliers International [email protected] Tel: 425.453.3133
These materials have been prepared by one or more subsidiaries of Bank of America Corporation for the client or potential client to whom such materials are directly addressed and delivered (the "Company") in connection with an actual or potential mandate or engagement and may not be used or relied upon for any purpose other than as specifically contemplated by a written agreement with us. These materials are based on information provided by or on behalf of the Company
and/or other potential transaction participants, from public sources or otherwise reviewed by us. We assume no responsibility for independent investigation or verification of such information (including, without limitation, data from third DEREKparty HEED suppliers) and have relied on such information being complete and accurate in all material respects. To the extent such information includes estimates and forecasts of future financial performance prepared by or reviewed with the
INTERNATIONAL estimates and judgments of such managements (or, with respect to estimates and forecasts obtained from public sources, represent reasonable estimates). No representation orCOLLIERS warranty, express or implied, is made as to the accuracy or 425 453 3133 completeness of such information and nothing contained herein is, or shall be relied upon as, a representation, whether as to the past, the present or the future. These materials were designed for use by specific persons familiar with the managements of the Company and/or other potential transaction participants or obtained from public sources, we have assumed that such estimates and forecasts have been reasonably prepared on bases reflecting the best currently available
11225 SE 6th Street, Suite 240
business and affairs of the Company and are being furnished and should be considered only in connection with other information, oral or written, being provided by us in connection herewith. These materials are not intended to provide the sole basis for evaluating, and should not be considered a recommendation with respect to, any transaction or other matter. These materials do not constitute an offer or solicitation to sell or purchase any securities and are not a commitment by
Bank of America Corporation or any of its affiliates to provide or arrange any financing for any transaction or to purchase any security in connection therewith. These materials are for discussion purposes and are subject to our review BELLEVUE, WA Bellevue, WAonly98004 and assessment from a legal, compliance, accounting policy and risk perspective, as appropriate, following our discussion with the Company. We assume no obligation to update or otherwise revise these materials. These materials have not been prepared with a view toward public disclosure under applicable securities laws or otherwise, are intended for the benefit and use of the Company, and may not be reproduced, disseminated, quoted or referred to, in whole or in part,
without our prior written consent. These materials may not reflect information known to other professionals in other business areas of Bank of America Corporation and its affiliates. www.colliers.com [email protected]
This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2013. All rights reserved.
