List With Us!
When it comes to commercial property sales representation in Southern California, there is no shortage of options, but it can be very difficult to find brokers who live up to their promises. Andrea and CBM1 believe a successful commercial broker should be a trusted advisor first and an excellent salesperson second, offering a transparent, data-driven approach to selling your property.
CBM1 has a uniquely intimate knowledge of nearly every street corner in the Greater Los Angeles as its founders built more than 650 strip malls in Los Angeles County alone. CBM1 started in 1989 as La Mancha Development’s commercial leasing, management, and investment sales division – a company that is credited with building LA’s very first modern strip mall. As leasing and sales specialists, they are able to provide proprietary market and rent comps to accurately assess the property’s current and future cash flow and value.
Andrea and CBM1 take a proactive, professional marketing approach with the highest quality marketing materials for premium online distribution, broker and buyer email lists, and leveraging our personal relationships with investors.
Sell Property
Below is a brief overview of the process and deliverables when you hire Andrea to list your property:
Pre-Listing Activities
- Expert Analysis of Expense Reports and Rent Rolls for Competitive Pricing Strategy
- Create Pro Forma Rent Roll with Market Comps
- Professional Photography with Aerial Drone Photography and Videography
- 72 Hour Delivery for Marketing Materials: Brochure, Website, and Video
- Create Site Plan and Floor Plan
- Provide Recommendations to Prepare Property for Showings
- Install Signage
Introducing Property To Market
- Premium Listing on LoopNet, CoStar, Crexi, and CBM1 website
- Email Property to Commercial Brokers
- Launch Social Media Campaigns
- Reach Out to Investors
- Schedule Tours with Minimal Turnaround
- Timely Response for Day-To-Day Listing Tasks
- Track All Leads and Follow Up Communications
- Track Broker/Tenant Feedback
The Offer + Escrow
- Prepare + Gather Offer Package For Review
- Assist Unrepresented Buyers with Offer Package
- Run Credit Check
- Prepare Suggested Counter (Upon Request)
- Assist in Negotiations
- Draft Purchase & Sale Agreement (Upon Request)
- Provide Access and Assistance during Due Diligence and Contingency Periods
- Identify Properties for 1031 Exchange (Upon Request)
Success is based on client satisfaction. Andrea is proud to say 90% of her business is through repeat and referral business. Her clients are her top priority and Andrea never has more than a handful of properties at a time in order to prioritize each listing in order to fill it quickly!
MORE INFORMATION
Sell Your Business
Selling your business is more than transferring a lease – it’s about unlocking the value you’ve built in building the current business. There are generally two ways to sell the business: selling the value of the build out, location, equipment, and lease terms for a new business to take over, or selling the business brand that includes the build out, location, equipment, lease terms, along with the good will of the brand recognition and existing client base.
This is also known as “key money” or a one-time payment made by the buyer for the intangible and/or tangible assets of the business and lease. This tool is most commonly associated with highly sought-after second generation business types like restaurants, coffee/tea shops, and nail salons.
Many sales of businesses, especially when involving transferring of equipment, involve using escrow. This means selling your business is a hybrid of a lease and sales deal, which is why having a listing agent with a background in leasing is critical to getting the most value for your business. Andrea provides expert analysis of the financials of the business along with the fair market value lease comps to create a competitive pricing strategy to sell your business and secure the return you deserve!