City of Industry, Commercial Lese $5,200

Total Bldg Sqft:	10,000
Leasable Sqft:	10,000
Year Built:	1996

Property Description:
Drop storage only! This Sublease is for 2 years term or shorter, 24 ft. warehouse clear height, dock high loading.

dditional Property Features

Land Dimension: Land Sqft: Total Available Sqft: Parking Space: 10 # of Bldgs: # of Units: Constructions: Tilt Parking Space Desc: Gap

City of Industry Land $960,000

Lot Dimension:	120 x160
Parcel Size:	.44 Acres
	19,200 SqFt

Property Description:
LOCATION! LOCATION! Prime Valley Blvd. Frontage with Alley from Giano, Lot Dimension 120 x 160, Located Between Fullerton Rd. and Azusa Ave. Rare Small Parcel of Land For Sale, Easy Access to 60 and 605 Freeway, ZONE FOR INDUSTRIAL, BUILD A DREAM H.Q. FOR YOUR COMPANY, Detail check with city.

Features:
Fee Land,Fenced,Lot 10000-19999 Sqft

City of Industry, Business Opportunity $95,000

Business Type: Retail

Sqft: 4,080

Property Description: PROFITABLE BUSINESS FOR SALES. $50,000 PLUS INVENTORY. BUSY TRAFFIC, VISIBLE SHOP NEXT TO IHOP, HOME DEPOTAT THE PLAZA AT PUENTE HILLS, NORTH OF 60 FWY, WEST OF FULLERTON ROAD. EASY ACCESS TO FWAYS 60, 10 & VALLEY BLVD. BE YOUR OWN BOSS.

Additional Property Information

Type of Lse:	Nnn	Motivation:		Want:
Mnthly Rent:	$7,900	Lse Deposit:	$22,000	% Lease:		Lease/Sqft:
W/Prsnt Own:		AvgCustCount:		Tot Assets:		HowLng Est.:

City of Industry, Commercial Lease $4,680

Property Type:	Warehouse
Price/Sqft:	$1.00
Total Bldg Sqft:	9,196
Leasable Sqft:	9,196
Year Built:	1986

Property Description:
Warehouse space with retail potential. Major blvd exposure. Nearby 60/605/57 Freeways. Fenced parking. Located in the Los Angeles County. Lessee to verify property measurements and power. Lessee to check with City regarding use and parking requirements.

City of Industry, Commercial Lease $10,500

Total Bldg Sqft:	3,532
Leasable Sqft:	3,532
Year Built:	1982

Property Description:
SUPREME LOCATION! PUENTE HILLS BUSINESS CENTER-EXCELLENT IMAGE. OFFICE BUILDING & CONVENIENT TO ALL COMMERCIAL DIST. DIRECT ACCESS TO FWY 605/60/57. BEST SPOT IN THE BUILDING WITH FUNCTIONAL FLOOR PLAN, 6 OFFICES, 1 CONFERENCE ROOM, BRIGHT, AIRY & PLESENT AMENITIES. SUCCESSFUL EXISTING FINANCIAL INST. TENANT MOVED FOR EXPANSION.

City of Industry, Commercial Lease $5,850

Property Type:	Retail
Price/Sqft:	$1.70
Total Bldg Sqft:	10,700
Leasable Sqft:	10,700
Year Built:	1980

Additional Property Features

Land Dimension:		Land Sqft:	63,358	Total Available Sqft:	4,500	Parking Space:	72
# of Bldgs:	2	# of Units:		Constructions:	Block	Parking Space Desc:	Ons
Water Source:	District	Roof:

Property Description:
14302 unit A Valley Blvd. Newer retail space for lease in City of Industry, just minutes away from Hacienda Heights. Easy access to Freeways 605 and 60. It is a retail space suitable for all kinds of business such as liquor store, medical lab, clinic, restaurant, trading or simply storage to suit the tenant's need. Total 4,500 sq.ft. available but can be subdivided into 2 smaller units. We are flexible on terms and rates. Please drive by and call listing agent at (626) 484-4683 to schedule for a private showing of the interior. Owner is motivated, rate and terms are negotiable.

City of Industry, Commercial Lease $4,680

Property Type:	Office
TG Number:	678J2
Price/Sqft:	$1.00
Total Bldg Sqft:	9,196
Leasable Sqft:	9,196
Year Built:	1986

Additional Property Features

Land Dimension:		Land Sqft:		Total Available Sqft:	4,680	Parking Space:	10
# of Bldgs:		# of Units:		Constructions:	Block	Parking Space Desc:	Gap

Property Description:
Office space with retail potential. Major blvd exposure. Nearby 60/605/57 Freeways. Fenced parking. Located in the Los Angeles County. Lessee to verify property measurements and power. Lessee to check with City regarding use and parking requirements.

City of Industry, Commercial Lease $3,204

Property Type: Office

Total Bldg Sqft:	43,114
Leasable Sqft:	5,236
Year Built:	1987

Features
Fire Sprinkler System

Additional Property Features

Land Dimension:

Land Sqft:

114,563

Total Available Sqft:

Parking Space:

10

Property Description:
Two separate office spaces for lease at the frontage of a warehouse building. Located in the heart of City of Industry with immediate access to 60 freeway via Azusa Ave Across from Walmart. West side of the building has office space of 3,100 sqft and the East side of the building has office space of 2,136 sqft. Warehouse spaces are not included in the lease. Strictly office space only. Each has its own entrance.

City of Industry, Commercial Lease $2,665

Property Type: Office

Price/Sqft:	$2.25
Total Bldg Sqft:	9,600
Leasable Sqft:	1,140
Year Built:	1980

Additional Property Features

Land Dimension: Land Sqft: Total Available Sqft: 1,140 Parking Space: 5 # of Bldgs: # of Units: Constructions: Frame Parking Space Desc: Ons

Property Description:
Complete renovated 2nd floor office suite. Two private offices, one large open area and one bathroom. Ample Parking. Walking distance to many restaurants & shopping. Easy access to 60 freeway. Tenants pay for electricity and janitorial.

City of Industry, Commercial Lease $1,974

Property Type:	Other/See Remarks
TG Number:	679E4
Price/Sqft:	$2.60
Total Bldg Sqft:	45,000
Leasable Sqft:	40,000
Year Built:	2002

Features
24 Hour Access,Air Conditioned,Alley Access,Elevator,Fire Sprinkler System,Freeway Visiblity,General Office,Ground Level Door,Part Of A Larger Building,Security System,Sprinklers/Landscape

Property Description:
NEWER CLASS A BUILDING WITH SECURITY OFFICE ON DUTY. FREEWAY EXPOSURE. GRANITE EXTERIOR WALL WITH IMPRESSIVE LOBBY ENTRANCE. TWO UNITS WILL BE AVAILABLE IN Feb 08. CONVENIENTLY LOCATED IN THE CITY OF INDUSTRY, CLOSE TO ROWLAND HTS, WALNUT, DIAMOND BAR. EASY ACCESS TO ORANGE COUNTY BY FWY 57. AMPLE PARKING, GROSS SERVICE LEASE AND LOCATED AT THE SOUTH WEST CORNER OF FREEWAY 60 EXIT AND FAIRWAY DRIVE.

Additional Property Features

Land Dimension:		Land Sqft:		Total Available Sqft:	3,510	Parking Space:	0
# of Bldgs:		# of Units:		Constructions:		Parking Space Desc:	Ons
Water Source:		Roof:

Introduction to Commercial Mortgage Financing

Understanding how LTV and DSCR determine how much you can borrow. The LTV is very important in determining the amount of capital that can be obtained to finance a given property. LTV relates the principle portion of a mortgage to the appraised value of a property. This LTV is very similar to collateral discounting as it serves to protect the lender's debt stake in the property.

LTV = Amount of Loan / Value of Property

The lender will determine an LTV value based on factors such a financial history of the business, credit scores, length of loan, etc. After which, the lender will multiply the LTV by the appraised property value to determine the maximum loan amount that can be given to a borrower.

Amount of Loan = Value of Property * LTV

Clearly, without other considerations the borrower benefits from a higher LTV ratio.

The DSCR approaches the mortgage picture from an entirely different angle than the LTV. Where the LTV determines the loan amount based on the value of the property, the DSCR bases upon the cash flow of the property and/or borrower.

DSCR = Debt Service / Cash flow

The debt service is usually taken as an annual figure that includes both repayment of principle and interest payments for a given year. Cash flow is calculated by taking adding noncash expenses back to net income such as depreciation.

Once again, the lender will use factors such as business credit, industry risk, etc. to call a figure for DSCR. Usually this will be around 1.20. After which, the total debt service is calculated and a total loan amount derived from it.

Debt Service = Cash Flow * DSCR

Without other considerations the borrower can benefit from a lower DSCR ratio, but remember a borrower will usually feel the pain of an under calculated DSCR (Not being able to pay the monthly mortgage!) before that of an LTV.

There are many places now online to apply for commercial mortgages. Some lenders have accept a broad range of proposals while others are niche focused.

If you aren't sure what type of financing to pursue or you want access to more than one commercial lender, then try a financing consultancy. Or you like, email me for further question.