FOR LEASE MULTI-USE INDUSTRIAL FACILITIES ON 40 ACRES Chantico Road, Tehachapi, CA Jameson Road, Tehachapi, CA

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1 FOR LEASE MULTI-USE INDUSTRIAL FACILITIES ON 40 ACRES Chantico Road, Tehachapi, CA Jameson Road, Tehachapi, CA LEASE RATE: $0.50 PSF INDUSTRIAL NNN x228 BRAUNCO.COM

2 OFFERING MEMORANDUM THIS IS AN OFFERING MEMORANDUM intended for parties interested in the properties located at Chantico Road & Jameson Road, Tehachapi, CA as more particularly described here-in ( Property ). This memorandum contains information pertaining to the Property s seller and has been prepared by BRAUN, ( BRAUN ). Although the seller has reviewed this memorandum, it does not purport to be all-inclusive or contain all of the information that a potential investor may desire. Neither the seller, nor any of its members, officers, directors, employees or agents, nor BRAUN, nor broker, make any representation or warranty, expressed or implied, as to the accuracy or completeness of any of the information contained herein. The seller, BRAUN and broker disclaims any liability which may be based on such information, errors therein, or omissions therefrom. All financial data contained herein is unaudited. The information contained herein represents estimates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that the actual results will conform to such projections. There is no representation as to environmental condition of the property, or as to any other aspect of the property. PAGE 2

3 1 Property Description 2 Market Overview 3 Leasing Information x228 BraunCo.com 1230 Rosecrans Ave. Suite 160 Manhattan Beach, CA FAX: Los Angeles San Francisco New York Phoenix Milwaukee Cleveland San Diego Monterey BRE #

4 1The Property - Overview Property Description PAGE 4

5 13681 CHANTICO RD JAMESON RD PROPERTY INFO Formerly a General Electric manufacturing plant for wind turbines, this highly improved, state-of-the-art manufacturing facility is ideal for aircraft maintenance, heavy manufacturing, and a variety of other industrial uses. Property Description This is the most advanced and best-equipped facility of its kind from Bakersfield to Lancaster (40+ miles). Area: 63,340 SF (Chantico), 33,144 SF (Jameson) Land Size: 35 acres (Chantico), 5 acres (Jameson) Zoning: M-2 PD (Chantico), A-WE (Jameson) Clear Height: (Chantico), (Jameson) Adjacent to Hwy 58 - fantastic visibility Includes office & showroom space 70-ton jib crane 150-ton bridge crane Additional expansion available 40 MILES LEASING INFO Lease Rate: $0.50 PSF Industrial NNN Chantico Facility: $31,670/mo Jameson Road: $16,527/mo PAGE 5

6 13681 CHANTICO RD JAMESON RD EXTERIOR PHOTOS Property Description PAGE 6

7 13681 CHANTICO RD JAMESON RD INTERIOR PHOTOS Property Description PAGE 7

8 13681 CHANTICO RD SITE PLAN PREP ROOM WELD SHOP 25 x x 30 Property Description 30 WAREHOUSE 200 SHOP AUDITORIUM 100 OFFICE PAGE 8

9 13000 JAMESON RD SITE PLAN Property Description SOUTH BUILDING PAGE 9

10 2Market Overview CITY OF TEHACHAPI OVERVIEW Tehachapi is a city in Kern County at an elevation of 3,970 feet between the San Joaquin Valley and the Mojave Desert. Tehachapi is approximately 35 miles southeast of Bakersfield. The city has total area of 10.0 square miles and a population of 14,414 (based on the 2010 US Census). In 2013, Tehachapi had a population of 13,258, which is a slight increase from 2000 s population of 10,957. Tehachapi is a diverse city consisting of the following racial groups: DEMOGRAPHICS RACIAL GROUP POPULATION White: 9,426 (65.4%) Hispanic/Latino: 5,466 (37.9%) African American: 1,297 (9%) Native American: 206 (1.4%) Asian: 238 (1.7%) Pacific Islander: 21 (0.1%) Other Races: 2,725 (18.9%) Two or More Races: 501 (3.5%) Market Overview 1 MILE RADIUS 3 MILE RADIUS 5 MILE RADIUS Population Growth, % 4.31% 6.25% Population Growth, % 4.16% 5.41% 2015 Estimated Median Age Estimated Average Age Est. Average Household Size Est. Average Household Income $61,268 $59,617 $56, Prj. Average Household Income $63,336 $61,354 $58, Est. Average Number of Vehicles Est. Average Housing Value $278,382 $236,586 $213,353 PAGE 10

11 MARKET OVERVIEW - CONTINUED AMENITIES Tehachapi is known for several businesses, including: Tehachapi Loop (a popular railfan site) Tehachapi Pass Wind Farm The Indian Point Ostrich Ranch Tomo-Kahni State Historic Park Tomi-Kahni Resource Center (Native American) National Chavez Center California Correctional Institution maximum security prison, also known as Tehachapi State Prison Proximity to Edwards Air Force Base Tehachapi Symphony Orchestra The Tehachapi Pops Orchestra The Tehachapi Community Theater The City of Tehachapi is also known for various film production locations by Hollywood production companies and independent filmmakers. The following movies have been filmed in Tehachapi: The Lady of the Dugout (1918), Double Indemnity, Batman: Revenge, Hangover Part III, The Story of Molly X, and Star Trek Generations. CONVENIENT ACCESS The Barstow-Bakersfield Highway and Highway 58 are located adjacent to the property. State Route 58 is a business route of California State Route 58 in Tehachapi. Highway 58, also known as Tehachapi Boulevard, provides access to Downtown Tehachapi. It also follows the former routing of U.S. Route 466 and is overlapped with State Route 202. California has long sought federal funds for an extension of Interstate 40 west of Barstow; any such extension would use the general path of Route 58 as far west at least as Bakersfield, whose rapid growth has made it a significant generator of traffic in its own right. The desired highway is being built, at least between Mojave and Barstow, piecemeal as Caltrans has funds available. DRIVE TIME FROM SITE TO: Lancaster 45 minutes Bakersfield 50 minutes Downtown Los Angeles 1 hour, 45 minutes Palm Springs 2 hours, 45 minutes Market Overview PAGE 11

12 3Leasing Information CONTACT TODD WOHL FOR ALL INQUIRIES Fax: Mail: Braun Co Attention: Tehachapi 1230 Rosecrans Ave, Suite 160, Manhattan Beach CA PROPERTY INFORMATION The property information is a compilation of documents related to the property and is available on our website for review and download. PROPERTY PREVIEW Contact Todd Wohl ( x228 or todd@braunco.com) to schedule a tour of the facilities. DUE DILIGENCE MATERIALS Braun will provide information upon request. Leasing Information PAGE 12

13 DISCLAIMER DISCLAIMER: BRAUN is the broker. BRAUN makes no representations or warranties on approved uses of the property. This brochure is provided for the sole purpose of allowing a potential lessee to evaluate the subject property. The potential lessee is urged to perform its own examination and inspection of the property and information relating to same, and shall rely solely on such examination and investigation and not on this brochure or any materials, statements or information contained herein or otherwise provided. Neither BRAUN, its members, managers officers, employees or agents, nor any of its partners, directors, officers, employees and agents, nor seller and broker, make any representations or warranties, whether express or implied, by operation of law or otherwise, with respect to this brochure or the property or any materials, statements or information contained herein or relating thereto, or as to the accuracy or completeness of such materials, statements or information, or as to the condition, quality or fitness of the property, or assumes any responsibility with respect thereto. Such materials, statements and information have in many circumstances been obtained from outside sources and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no guaranty or assurance can be given. Without limiting the foregoing, in the event this brochure contains information relating to any hazardous materials in relation to the property, such information shall in no way be construed as creating any warranties or representations, expressed or implied, by operation of law or otherwise, by BRAUN, broker, sales agents or seller, as to the existence or non-existence or nature of hazardous materials in, under, on or around the property. This brochure is provided subject to errors, omissions, prior sale or lease, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property. BRAUN will not be responsible if the property is unsatisfactory to the lessee in any way. PAGE 13