Current Offerings — KB Columbia Center, DST

KB COLUMBIA CENTER, DST

Class “A”, single-tenant, net-lease office building

Located in Aliso Viejo, California —
The Heart of Orange County

Leased to NeoGenomics Laboratories, Inc.
(NASDAQ: NEO) a premier cancer diagnostics and pharma services company


± 34,299 Rentable Square Feet • 100% Occupancy

Management-Free Investment Opportunity

Monthly Cash Flow: 5.55% (Projected, Year 1)1

15-Year Triple Net Lease

Escalating Rental Increases

Minimum Investment: $250,000

KB Columbia Center — 51 Columbia • Aliso Viejo, CA


Kingsbarn Real Estate Capital is pleased to present the opportunity to acquire a premier, southern California, single-tenant, net-leased, publicly traded, medical office building leased to NeoGenomics, structured as a Delaware Statutory Trust (DST). Corporately guaranteed by NeoGenomics, this 15-year triple net lease property is a recent expansion of NeoGenomics, who have been in Aliso Viejo for over 10 years and currently leases 96,916 square feet of neighboring property.

Located in Orange County at 51 Columbia, Aliso Viejo, CA, this two-story building contains approximately 34,299 rentable square feet and is situated on a 2.41-acre parcel. The building was constructed in 1992 and extensively renovated in 2019 with approximately $3,100,000 worth of renovations that included: parking lot grind and overlay, new landscaping with drip irrigation system, new HVAC units, new insulation, fire alarm upgrade, new roof with 20-year NDL warranty, a new outdoor patio, a fire sprinkler upgrade, complete interior remodel, and new hydraulic elevator equipment.

FINANCIAL SUMMARY

Offering Price:

$19,825,000

Loan Amount:

$8,425,000

Equity Offering:

$11,400,000

Projected Cash Flow (Year 1)1:

5.55%

Minimum Investment:

$250,000

INVESTMENT HIGHLIGHTS

5.55% Projected Cash Flow (Year 1)1

Long-Term Lease (15 Years)

No Loan Liability to DST Investors

Flexible Equity Investments Starting at $250,000

Passive Income, Freedom from Property Management

1031 Exchange Eligible

About The Tenant

NeoGenomics Laboratories, Inc (NASDAQ: NEO) is a premier cancer diagnostics and pharma services company serving oncologists, pathologists, pharmaceutical companies, academic centers, and others with innovative diagnostic, prognostic and predictive testing. Founded in 2002 and headquartered in Fort Myers, FL, NeoGenomics now has locations in California, Texas, Georgia, Tennessee, Singapore, and Switzerland. Comprised of a national team of experts in developing and delivering laboratory diagnostic and clinical trial services with a focus in cancer, it is the common purpose of all NeoGenomics employees to save lives by improving patient CARE through Communication, Accuracy, Reliability, and Efficiency.



Orange County Market Overview

Orange County continues to benefit from a well-diversified economy, high-quality labor force, direct access to major airports and other public transportation, and strategic location on the Pacific Rim. The vibrant economy, along with the area’s tremendous residential desirability, access to high-quality education and recreation, and its cultural base, provide an excellent location for commercial properties.

Major employers in Orange County Include Disney, UCI Medical Center, St. Joseph Health, Kaiser Permanente & Boeing.

 

Download DST Investment Summary


Secure SSL Form
investments property for 1031 exchange DST

All investment transactions are handled and cleared through First American Title Company, National Commercial Group.

Contact us about this investment opportunity at 800.242.1000


Jeff Farnsworth

Regional VP,
Bay Area North

Office: 415.879.9000
Cell: 801.702.7887
E-mail Jeff

James Yoder

Regional VP,
Bay Area South

Office: 408.412.9000
Cell: 408.910.7707
E-mail James

Steven Prescott

Regional VP,
Central California

Office: 858.240.9000
Cell: 619.300.6945
E-mail Steven

Louie Goros

Regional VP,
Los Angeles - South

Office: 424.343.9000
Cell: 630.247.5881
E-mail Louie

Alex Hardick

Regional VP,
Los Angeles - North

Office: 424.343.9000
Cell: 951.225.5358
E-mail Alex

Matt Ayer

Regional VP,
Orange County

Office: 562.452.9000
Cell: 818.232.1050
E-mail Matt

James Rossi

Regional VP,
San Diego

Office: 858.240.9000
Cell: 412.260.6034
E-mail James

Steve Han

Vice President,
Asia-Pacific

Office: 562.452.9000
Cell: 626.523.1682
E-mail Steve

Our Lenders Include:

Sabal Capital Partners
asset management firm focused on commercial real estate credit
Innovative financing solutions for real estate capital markets
1031 exchange, banking, financing, loans
provides a wide range of products and services to personal, commercial and large corporate and institutional customers through a number of well-known banking brands