iqor call center...iqor, inc iqor, inc ownership privately held facilities 66 total employees...

iQor Call Center6000 New Way, Klamath Falls, OR 97601

This information has been secured from sources we believe to be reliable, but we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to squarefootage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a trademark of Marcus & Millichap Real Estate Investment Services, Inc. ©

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AERIAL



- High Visbility Location, Elevated Positioning

- Close Proximity to Oregon Institute of Technology

- Subject Property on Large 23+ Acre Lot

- Recently Repaired Roof (2017), & Parking Lot (2017)

FINANCIAL SUMMARYPrice $5,500,000

Down Payment 100% / $5,500,000

CAP Rate 8.22%

Net Income $452, 060 Annual

Building Size ± 43,000 SF

Price/SQFT Building $127.90 / SF

Lot Size 23.54 Acres / ±1,025,400 SF

Price/SQFT Lot $5.36 / SF

Year Built 1995

Lot Size 23.54 AC / ±1,025,400 SF

Ownership Fee Simple

ANNUALIZED OPERATING DATAGross Rental Income $480,060.00

Less Annual Expenses $28,000

Net Operating Income $452,060

6000 New Way, Klamath Falls, OR 97601 APN #: R-3809-01800-00600-000

LEASE SUMMARYTenant Name iQor

Lease Structure Single Net Lease

Original Lease Term January 15, 2004

Rent Commencement February 1, 2004

Lease Expiration April 30, 2018

Term Remaining 0.5 Years

Rental Increases 3% at Option

Options to Extend (1) 3-Year Option

Right of First Refusal N/A

Rights to Purchase N/A

Termination Clause Annual, 9-Mo Notice

OFFERING SUMMARY

LEASE RESPONSIBILITIES (article 12.2) Annualized Cost

Roof & Structure Landlord $6,000

Property Taxes Tenant -

Insurance Landlord $8,000

Parking Lot Landlord $14,000

CAMS Tenant -

Annualized Total $28,000





iQor, Inc iQor, Inc

Ownership Privately Held

Facilities 66 Total

Employees 40,000+

Headquarter St. Petersburg, FL

Founded 1998

Website www.iQor.com

iQOR, INC.

iQor is a business process outsourcing company which provides customer service, third-party collec-tions and accounts receivable management. Although its headquarters are located in St. Petersburg, Florida, the company operates about 40 call centers in North America, Europe, and Asia. Since 2014, iQor has shifted to an end-to-end customer support organization, when iQor acquired the aftermarket services division of Jabil Circuit (rebranded as iQor’s Product Support division). Services provided vary from consumer electronics, to medical devices.

iQor, Inc. provides business process outsourcing and product support services. The company offers company support, cross-sell/up-sell, customer care, customer retention, emergency response, inbound sales, order processing, product support, technical support, business intelligence, customer analytics, and accounts receivable management services. The company offers repair and refurbishment services for mobile phones, tab-lets, notebooks, printers, game consoles, network equipment and servers, and other electronics products. It also develops RadiQloud, a technology infrastructure that helps companies to establish new processes and services, and cloud-enable operations; and streamline procedures; and QeyMetrics Performance Manager, a cloud-based dashboard-driven performance management and business intelligence tool. The company’s intelligent process solutions include cash application, data entry, credit card charge backs, deduction management, credit decision making, and verification/reconciliation. It offers its services to various industries, including communications, fi-nancial services, government, healthcare, insurance, manufacturing, retail/wholesale, technology, transportation, and utilities in the United States and internationally. iQor, Inc. was formerly known as IntelliRisk Management Corporation and changed its name to iQor, Inc. in August 2007. The company was founded in 1998 and is head-quartered in St. Petersburg, Florida with locations in the United States, Canada, China, India, Mexico, Panama, and the Philippines. iQor, Inc. operates as a subsidiary of iQor Holdings Inc.

In January 2004, Vikas Kapoor became the CEO and President of iQor. Ka-poor built the company’s computing plat-

forms, developer tools, and cloud computing services. iQor’s employee base grew from

4,000 to 14,000. This success led Information-Week magazine to rank iQor #27 among the top technology innovators in the US. iQor

is privately owned by Huntsman Gay Global Capital and the company’s management team. In 2010, iQor acquired RMS which was head-

quartered in Bethlehem, PA.





SITE MAP





PopulationIn 2016, the population in your selected geography is 936. It is estimated that the population in your area will be 957 five years from now. The current population is 51.50% male and 48.50% female. The median age of the population in your area is 35.18, compare this to the US average which is 37.68. The population density in your area is 297.47

people per square mile.

HouseholdsThere are currently 205 households in your selected geography. It is estimated that the number of households in your

area will be 213 five years from now. The average household size in your area is 2.34 persons.

Household IncomeIn 2016, the median household income for your selected geography is $53,043, compare this to the US average

which is currently $54,505. The median household income for your area has changed by31.54% since 2000. It is estimated that the median household income in your area will be $61,172 five years from now, which represents a

change of 15.33% from the current year. The current year per capita income in your area is $19,936, compare this to the US average, which is $29,962. The current year average household income in your area is $84,304, compare this

to the US average which is $78,425.

POPULATION 1 Miles 3 Miles 5 Miles

2021 Population 957 12,289 23,230

2016 Population 936 12,196 22,859

2010 Population 928 12,371 23,346

2000 Population 845 12,325 22,724

HOUSEHOLDS BY INCOME 1 Miles 3 Miles 5 Miles

$150,000 or More 7.64% 3.95% 3.63%

$100,000 - $149,000 12.06% 6.91% 6.78%

$75,000 - $99,999 9.09% 7.96% 7.32%

$50,000 - $74,999 21.56% 15.92% 14.90%

$35,000 - $49,999 10.57% 14.53% 14.55%

Under $35,000 36.22% 49.57% 51.86%

2016 Average Household Income $84,043 $56,002 $52,855

2016 Median Household Income $53,043 $35,353 $33,442

HOUSEHOLDS 1 Miles 3 Miles 5 Miles

2021 Total Households 213 4,986 9,594




Race and EthnicityThe current year racial makeup of your selected area is as follows: 88.92% White, 0.50% Black, 0.17% Native American and 2.54% Asian/Pacific Islander. Compare these to US averages which are: 70.77% White, 12.80% Black, 0.19% Native American and 5.36% Asian/Pacific Islander. People of Hispanic origin are counted inde-

pendently of race. People of Hispanic origin make up 6.44% of the current year population in your selected area. Compare this to the US average of 17.65%.

HousingThe median housing value in your area was $228,596 in 2016, compare this to the US average of $187,181. In 2000, there were 122 owner occupied housing units in your area and there were 67 renter occupied housing units in your

area. The median rent at the time was $468.

EmploymentIn 2016, there are 2,104 employees in your selected area, this is also known as the daytime population. The 2000

Census revealed that 64.78% of employees are employed in white-collar occupations in this geography, and 35.22% are employed in blue-collar occupations. In 2016, unemployment in this area is 5.37%. In 2000, the average time

traveled to work was 15 minutes.

DEMOGRAPHICS





DEMOGRAPHICS MAP

SUBJECT PROPERTY

3 MI

1MI

5 MI



Marcus & Millichap Hereby Advises All Prospective Purchasers of Net Leased Property as Follows:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Marcus & Millichap has not and will not verify any of this information, nor has Marcus & Millichap conducted any investigation regarding these matters. Marcus & Millichap makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a net leased property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. Marcus & Millichap expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a net leased property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs. Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the proper-ty and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term lease, including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property, and Buyer’s legal ability to make alternate use of the property. By accepting this Marketing Brochure you agree to release Marcus & Millichap Real Estate Investment Services and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.

Confidentiality & DisclaimerThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

Non-Endorsement NoticeMarcus & Millichap Real Estate Investment Services, Inc, (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

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Exclusive ListingBroker of Record

Adam Lewis

Portland, OR

License: 201209561

iqor call center...iqor, inc iqor, inc ownership privately held facilities 66 total employees...

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