STATE & OAK CARLSBAD, CA A Mixed-Use Development in the Heart of Carlsbad Village. State And Oak 1

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1 STATE & OAK CARLSBAD, CA A Mixed-Use Development in the Heart of Carlsbad Village State And Oak 1

2 Join THE NORTH COUNTY Lifestyle LIVE+WORK+PLAY inthe Coastal Carlsbad Village 2 COLLIERS INTERNATIONAL

3 CARLSBAD DR CARLSBAD BLVD PINE AVE STATE ST CARLSBAD VILLAGE DR SITE OAK AVE TYLER ST ROOSEVELT ST MADISON ST BUILDING FEATURES» Price: Best Offer Offers Due by July 15, 2016» 4 Story Mixed-Use Building» Architect: MAA Architects» Lot SF: 18,006 SF» Existing Entitlements: Condo/Timeshare development & ground floor commercial» Current Entitled Unit Mix: 13 Vacation/ Timeshares; 12 Condominiums; 2 Affordable» Potential Entitlements: Potential for 16 market rate and 5 affordable apartments with ground floor retail Property Highlights» New Development in the Coastal Carlsbad Village» Outside of Coastal Zone» Fully entitled! Pull a permit and start building» Zoned Village Review (V-R); District 1» Condo Mapped for Individual Sale» Highly Accessible, Vibrant and Walkable Retail/ Office/Residential Environment» Within Walking Distance to the Beach, Amtrak and Coaster» Beautiful rooftop with views» APN: , 08, 09» Addresses: 3068 State St., 3080 State St. & 542 Oak Ave. State And Oak 3

4 elevations North Elevation East Elevation 4 COLLIERS INTERNATIONAL

5 South Elevation West Elevation State And Oak 5

6 Active Street Retail Frontage First Floor» 33 Covered Spaces» 4,529 SF of Cemmercial Space 6 COLLIERS INTERNATIONAL

7 Second Floor» 4 Condos» 4 Timeshares» 1 Affordable Housing State And Oak 7

8 THIRD Floor» 4 Condos» 4 Timeshares» 1 Affordable Housing Unit Fourth Floor» 4 Condos» 4 Timeshares» 1 Affordable Housing Unit 8 COLLIERS INTERNATIONAL

9 Rooftop Sales Comparables Urban Infill Sites Sale Date Property Name Property Type Lot Size (SF) Sale Price Lot Price PSF July State Street Development 12,197 $1,855,000 $152 Sep-15 Chrstiansen Way Development 12,632 $3,000,000 $237 Nov Roosevelt Street Development 10,500 $1,650,000 $157 Apr Grand Ave Development 14,209 $2,200,000 $330 Jan Grand Ave Retail 6,913 $2,160,000 $469 Average Lot Price PSF $202 State And Oak 9

10 Perfection by the Pacific With its proximity to great people, great schools and one of the world s most prized markets, Carlsbad, California is the perfect place to plan, grow and thrive. San Diego s labor force is smart, driven and diverse. From kindergarten to college, education is outstanding. Business is diverse. Recreation is exhilarating. And the weather, unmatched. For these reasons and more, companies with vision have turned the region into a truly remarkable place to live, learn and thrive. NEXTDOOR INDUSTRIES ACTION SPORTS Over half the action sports jobs in San Diego County are in Carlsbad. LIFE SCIENCE Average annual salary for a life sciences job in Carlsbad is more than $125,000. ROBOTICS The nation is recognizing advanced manufacturing as a linchpin to bringing high level production back to the United States, and robotics is a key industry at the convergence of manufacturing and technology. TECHNOLOGY Google named the City of Carlsbad as the digital capital of California. CLEANTECH Employment projected to increase more than ten percent by MEDICAL DEVICES The convergence of both life sciences and technology companies accounts for one in every 20 jobs. employment rate 96.6% labor force 50,000 population 110,977 average household income $107,048 education bachelors degree 51% carlsbad square miles COLLIERS INTERNATIONAL

11 What do locals think? 95% believe Carlsbad offers the highest quality of life 85% believe the city is an excellent place to do business 73% are satisfied with relevant vendors & suppliers Carlsbad Village is the downtown commercial area of Carlsbad located right along the coast. The downtown area is very walkable, with hotels, vacation rentals, shopping, dining, and a variety of services all within walking distance of the beach. More information is available at carlsbad-village.com. From beaches and theaters to fine dining and taco shops, Carlsbad Village is North County s destination of choice THE GRAND MADISON 11

12 OAK STATE & JOE BRADY Lic# BILL SHRADER Lic# La Jolla Village Drive, Suite, 100 San Diego, CA colliers.com

STATE & OAK CARLSBAD, CA A Mixed-Use Development in the Heart of Carlsbad Village. State And Oak 1

STATE & OAK CARLSBAD, CA A Mixed-Use Development in the Heart of Carlsbad Village. State And Oak 1 STATE & OAK CARLSBAD, CA 92008 A Mixed-Use Development in the Heart of Carlsbad Village State And Oak 1 CARLSBAD DR CARLSBAD BLVD PINE AVE STATE ST CARLSBAD VILLAGE DR SITE OAK AVE TYLER ST ROOSEVELT ST

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