Depot Station. 95 E 3rd Street, Morgan Hill

Transcription

1 Call For Offers Sept. 28

2 Prime Commercial, Inc. is pleased to offer investors as well as owner users the opportunity to purchase up to four retail/commercial condominium units located at 95 East 3rd Street in Downtown Morgan Hill. These units are also available for lease and provide opportunities for restaurants, retailers, and service commercial businesses to be locatd in the heart of Morgan Hills revitalized downtown core. Depot is a new mixed-use commercial/residential development that lies at the northwest corner of Depot Street and 3rd Street in Downtown Morgan Hill. This attractive new project will be completed in October 2018 and will include 29 residential condominium units in addition to four ground floor commercial units fronting 3rd and Depot Streets. Units range from 558 square feet to 2,727 square feet and will feature prominent storefronts, high ceilings, and will be finished to vanilla shell standards. Depot has a ground zero location in central Downtown Morgan Hill which has witnessed much redevelopment and growth in the past few years. This charming downtown has high walkability and easy access to award winning restaurants, fabulous retail shops, and service commercial uses.

3 Property Highlights Excellent Location in Downtown Morgan Hill across the street from the CalTrain New 271 stall City Parking Structure located just across 3rd Street from the property Attractive architecture with individual and unique storefronts and high ceilings (14 feet) Full service restaurant opportunity in unit C4 with 600 amps of power and venting for kitchen Rare opportunity to purchase a new retail condominium unit Perfect for either Investor or Owner/User Zoned CBD which offers a wide array of retail and commercial uses

4 Depot Street Outdoor Dining Patio for Unit C4 3rd Street *Not to Scale Offering Terms Retail Condominum Square Feet Sale Price: Call Agent Lease Price: $3.25/sf/mo +NNN Retail Condominum Square Feet Sale Price: Call Agent Lease Price: $3.25/sf/mo +NNN Retail Condominum 3 1,389 Square Feet Sale Price: Call Agent Lease Price: $3.00/sf/mo +NNN Retail Condominum 4 2,727 Square Feet Sale Price: Call Agent Lease Price: $3.00/sf/mo +NNN

5 DOW N T OW N MORG A N HILL R E TA I L O P P O R T U N I T I E S DEVELOPMENT OPPORTUNITY CALTRAIN STATION 10 JONTY S 1 RUNNING SHOP & HOPS GRANADA THEATRE BY FRANK LÉAL 5 Live Entertainment Venue Opened December 2016 ODEUM BOCCE BALL & WINE BAR GRANADA HOTEL BY FRANK LÉAL 60 Boutique Hotel Rooms with Market Hall & Steakhouse Opening Fall MAURIZIO S WELLS FARGO BANK 3 EL TORO BREWPUB CHASE BANK 1 NOAH S BISTRO SINALOA S MR. FALAFEL GRANGE HALL HUNTINGTON STATION PUB JUST BREAKFAST 13 3 BETTO S BISTRO LADERA GRILL 11 HOUSE OF SIAM TRAIL TOTO DUST TRATTORIA BUBBLES WINE BAR UNITED METHODIST CHURCH EDES BUILDING BY DAN MCCRANIE Fine Art Gallery, Wine Bar, & Rooftop Restaurant Opening Early 2018 PLAYHOUSE GAVILAN COMMUNITY COLLEGE MAP KEY City of Morgan Hill Free Parking Caltrain CITIBANK Public Art 12 Park RD STREET RETAIL BY IMWALLE/RODRIGUES BARLEY PLACE MIXED USE PROJECT BY WESTON MILES DEPOT CENTER MIXED USE PROJECT BY CITY VENTURES GARAGE RETAIL BY IMWALLE/RODRIGUES THIRD STREET PARKING GARAGE Opa!, Willard Hicks, Tac-Oh!, Mo s Opening May Condominium Units with Retail Opening November Housing Units with Retail Opening November 2017 Orange Theory Fitness, Coffee Guys Opened December Parking Spaces Opened Summer 2016 SUNSWEET PROJECT BY REPUBLIC HOUSING N Map Not to Scale 4 PROVA ROSY S AT THE BEACH COMMUNITY & CULTURAL CENTER DOWNTOWN AMPHITHEATER Market-Rate Apartments with Retail Opening Early DOWNTOWN PARKS RETAIL BY LONESTAR Depot/Train Playground 3rd Street Creek Park Nob Hill Trail Under Construction April Sq. Ft. with Outdoor Patio Opening 2018