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VENTURE
PROFESSIONAL CENTER - Hercules is a new 60,000-square-foot, two-story, Class-A office building intended principally for
medical doctors, dentists and other medical professionals in the northeast
Bay Area. Suites are also available to professionals such as law firms,
accountants and engineers. The individual suites are
privately owned commercial condominiums available with
90% financing. Each suite is custom built according to the
owner's specific needs and preferences.
As the property grows in value, all of the
appreciation and all of the tax benefits of owning real estate go to VENTURE
PROFESSIONAL CENTER owners, not to former landlords. With interest
rates so low, it is cheaper to own than to rent.
VENTURE PROFESSIONAL CENTER - Hercules is being built in the 143-acre
North Shore Business Park,
the premier business professional center of the northeast Bay Area. The
community is on the Bay (west) side of the intersection of Highway 4 and
Interstate 80, one of the East Bay’s busiest locations. The property is
adjacent to Pinole, Rodeo and Martinez and is only minutes from Oakland,
Berkeley, Emeryville, Richmond, Vallejo and Marin County. 200,000 people pass
this location every day.
North Shore
Business Park is the home of Bio-Rad Laboratories, world renowned among
hospitals, universities, major research institutions, biotechnology and
pharmaceutical firms. Currently Bio-Rad occupies 300,000 square feet in its
multi-building campus, and another 140,000 square feet are now under
construction. The firm has received entitlements from the City of Hercules for
a total of 1,000,000 square feet of laboratory, research and development space.
The VENTURE
PROFESSIONAL CENTER site is located within 1 mile of 2,800 new homes presently
under development in Hercules. It is within 10 minutes of 3,000 new homes being
developed in Richmond. Everywhere one looks in Hercules, new developments are
springing up. Hercules has caught the attention of the entire state of
California due to its dynamic, yet well considered and planned, growth right on
San Francisco Bay.
PRIVATE
OWNERSHIP • NO
MORE LANDLORDS
VENTURE PROFESSIONAL CENTER’s design is reminiscent of Frank Lloyd Wright’s
“Plains” period with horizontal elements and rich details including stacked
stone, extensive canopies and raised planters. It includes a grand main
entrance, two side entrances, 1st and 2nd floor
restrooms, elevator and common hallways to the individually owned professional
suites. VENTURE PROFESSIONAL CENTER
is a prestigious location for medical and other professionals who wish to own
their real estate. Architecturally prominent, well located medical /
professional buildings are rare, and such buildings with the right of ownership
are virtually non-existent.
When retirement time comes
and a doctor wishes to offer his/her practice for sale, its value will be
greatly enhanced by its privately owned real estate.
With every mortgage
payment, the owner’s equity increases, and these properties can be owned debt-
free within twenty years. With interest rates at historic lows, the after-tax
monthly mortgage payments are generally much lower than rent payments. When
annual appreciation is factored in, plus the build-up of equity each month,
California real estate has proved to be an extraordinary investment.
• Common Areas:
Each suite is privately owned and accessed from 1st and 2nd
floor corridors that connect with the main entrance lobby. Men’s and women’s
bathrooms are located near the elevator on both 1st and 2nd
floors.
• Parking: VENTURE PROFESSIONAL CENTER is equipped with more than 300 parking spaces, 5
spaces for each 1,000 square feet of interior space. Many of these
spaces are private, exclusively dedicated to the individual property owners. The
remaining parking is shared by staff members, patients and visitors.
• Custom Interior Improvements: The interiors are custom designed for each
property owner. Owners can have the property’s general contractor construct
their interior improvements or engage any contractor of their choice. All
suites have private electrical, gas, telephone and DSL Internet services, HVAC
systems and can include internal restrooms.
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VENTURE PROFESSIONAL CENTER properties can be purchased with a minimal 10%
down payment using Small Business Administration (SBA) and other
conventional financing programs that are arranged and ready to go.
The underwriting requirements are liberal, and many companies, both
established and new, qualify easily. The buyer invests only 10% in
cash equity and pays loan fees and closing costs. At today's low
interest rates, the monthly payments are often well below market rents
for comparable properties.
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Financing is available from the Small Business Administration (SBA), GE
Credit, Lehman Brothers, Bank of America, Wells Fargo Bank and dozens of
other sources. As little as a 10% down payment is required.
Financing will also pay the cost of your custom interior improvements.
Both fixed and adjustable interest rate programs are available.
Qualification is quick and easy. With the help of our Deferred
Down Payment program, 100% financing is available. See below for
details. |
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To assist buyers
with the cost of
moving to your new company headquarters, VENTURE PROFESSIONAL CENTER offers a
Deferred Down Payment program that allows companies to pay their 10% cash
down payment over a three-year period. This program is available to ALL
companies regardless of the amount of the company’s mortgage. The only
requirement is that the total of the mortgage and the Deferred Down
Payment does not exceed the purchase price of the property. Contact
our brokers for more details. |
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When you purchase a
business property at VENTURE PROFESSIONAL CENTER, we will take over all of
your lease payments. Your security deposit and any prepaid lease payments
will be fully refunded to you immediately. Here’s how we do it. We take
50% of your total remaining lease payments and add it to the purchase
price of your new VENTURE PROFESSIONAL CENTER business property. Since you’ll
get a 20- to 25-year mortgage, the cost is spread over all those years, so
the monthly financial impact is minimal. We will pay the other 50% of your
remaining lease payments. This program is conditioned upon the terms
of your lease. In most cases, we can make it work. Contact our
brokers for more details. |
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Site Plan |
Location Map |
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VENTURE PROFESSIONAL CENTER - Hercules is a new 60,000-square-foot, two-story professional office building.
All suites are privately owned. Private parking is included with each
suite at 5 parking suites per 1,000 square feet of building area. Suite
sizes start at 1,000 square feet and can be as large as 8,000 to 10,000 square
feet. West facing 2nd floor suites have San Francisco Bay views.
East facing suites have hill views. Private restrooms can be installed
in all suites, plus men's and women's restrooms are located on both floors
near the elevator.
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North Shore Business Park is a 143-acre master planned business community on San
Francisco Bay in the City of Hercules. The community is on the west side of the
intersection of Highway 4 and Interstate 80, one of the East Bay’s busiest
locations. The property is adjacent to Pinole, Rodeo and Martinez and only
minutes from Oakland, Berkeley, Emeryville, Richmond, Vallejo and Marin County.
200,000 people pass this location every day.
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FLEXIBILITY • DIVERSITY •
INDIVIDUALITY
VENTURE PROFESSIONAL CENTER suites are custom designed and built to meet the
needs of their owners. An architect is assigned to each new owner to design the
space plan for the new property. When the designs are complete, the exact
square footage requirement is established.
Example Medical Suite Space Plan
A construction bid for the
specified interior improvements is prepared for each property buyer to review.
Buyers may use the building’s general contractor to complete this work or any
other preferred contractor. Finished drawings are delivered to the City of
Hercules for “plan check” and final approval, and the interior improvement
construction commences immediately following the issuance of a Building Permit.
The SBA financing generally includes funds for standard interior improvements. Ready for immediate occupancy.
GENERAL DESIGN FEATURES
Exterior and interior stone:
Eldorado “Mountainblend” stone.
Windows and doors:
Visteon Versalux 1-inch insulated glass with bronze tint. Bronze coated aluminum
frames.
Interior doors:
Cherry veneer with bronze handles, locking hardware and accents.
Interior trim:
Heart pine headers and bronze balcony railing.
Hall flooring:
Shaw “Artisan” 30 ounce solution-dyed commercial carpeting.
Interior lobby flooring:
Solnhoefen English
limestone paver tiles.
Interior lighting:
Bronze 5-arm chandelier above main lobby. Bronze wall sconce lights on lobby
walls. Recessed fixtures in corridors.
Heating / air conditioning:
Variable Air Volume system controlled individually from each suite.
Power system:
100-amp power panel in each suite. Meters are installed in the building’s
electrical room on 1st Floor.
Security:
Electronic card-key entry lock system. After-hours intercom system to all
suites.
Exterior landscaping:
Expansive multi-species landscaping throughout the grounds plus integral stone
seating benches.
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Eldorado Stone |
Limestone Pavers
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Wall sconces |
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- Frank Lloyd Wright inspired, two-story
professional
office building.
- Building size: 59,176
square feet.
- Lot size: 278,784 square
feet (6.4 acres)
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There are more than 300 private parking spaces, in the
property.
5 parking spaces are included for each 1,000 sq. ft. - Grand
lobby with 24-foot ceilings, grand windows
and doors with bronze-tint insulated glass, restrooms
on both floors and an elevator. - Buyers
can design their own suites according to
their preferences and needs. - Private
owned suites from 1,000-8,000 square feet.
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Properties ready for move-in June 2004.
- Located at the North Shore Business Park,
the premier professional business park of the
northeast Bay Area, near the intersection of
Interstate 80 and Highway 4.
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VENTURE
PROFESSIONAL CENTERS and VENTURE COMMERCE CENTERS
are located throughout California, Nevada, New Mexico, Oregon, Utah and Washington.
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