EXECUTIVE OFFICE SPACE AVAILABLE FOR LEASE

Transcription

1 EXECUTIVE OFFICE SPACE AVAILABLE FOR LEASE Martis Outlook Professional Building Soaring Way, 1A Truckee, CA Located off of HWY 267 toward Northstar/North Lake Tahoe next to the Truckee-Tahoe Airport and across the street from the Town of Truckee offices. Martis Outlook is within minutes of Historic Downtown Truckee, I-80 East and West and HWY 89 North and South. Martis Outlook Professional Building is occupied by a sophisticated tenant base that accommodates a variety of businesses. Presented By: Tom Watson Soaring Way, 2B Truckee, CA tom@truckeeriverassociates.com 1 P age

2 Table of Contents I. Financial Analysis - Property Summary II. III. Additional Information - Truckee History Demographics Martis Outlook Soaring Way Truckee, CA P age

3 I. Financial Analysis Executive Summary Martis Outlook Professional Building Soaring Way Truckee, CA Rent Price per S.F.: $1.40 CAM Price per S.F.: $0.69 Building S.F.: 11,735 Unit 1A S.F.: 1,440 Percent Occupied: 90% # of Parking Spaces: 61 Tax Parcel Number: Common and Suite 1A Market: Executive Office Space Year Built: 2006 Space Amenities: Open concept office with a glassed in conference area and kitchenette. Property Amenities: Ample ground floor parking, next to Airport and easy access off HWY 267. SUITE 1A 3 P age

4 Property Description: Construction: Metal Siding, three-story building with elevator access. Built-In: 2006 Parking: 61 Parking Spaces Ingress/Egress: Truckee Airport Road and Soaring Way with easy access to and from HWY 267. Tenants: Area: Martis Outlook is occupied with a professional tenant base comprised of contractors, engineers, an advertising company, attorney s, property management companies, and a software company. This professional building is located with close proximity to the Truckee-Tahoe Airport and is across the street from the Town of Truckee administrative offices. Martis Outlook is within minutes of Historic Downtown Truckee, I-80 East toward Reno and I-80 West toward San Francisco, HWY 89 North toward Sierraville and HWY 89 South toward Squaw Valley and Tahoe City. The building location is situated off of HWY 267 en route to Northstar-at- Tahoe Resort and North Lake Tahoe. Property: Centrally located, Martis Outlook Professional Building is a newer, energy-efficient office building with ample ground-level parking to accommodate all tenants and clientele. The landscape of the building is simply visually pleasing and is maintained by property management. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 4 P age

5 I. Additional Information Martis Outlook Professional Building accommodates a diverse, professional tenant base enhancing the growth of the business environment in the Town of Truckee Martis Outlook SUITE 1A provides a large and open work area and is equipped with a kitchenette. The Suite has an abundance of natural light that is provided by windows throughout the space. Ground floor entrance next door to Contractors Assn of Tahoe Truckee. Large, Open Work Space with Kitchenette SUITE 1A has a glassed in conference area. Newly carpeted and freshly painted. Conference area Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 5 P age

6 TRUCKEE HISTORY: Truckee is a quaint mountain community that was established in 1863 then incorporated in Truckee, with a population of 16,180, is the largest of three incorporated cities in Nevada County (the other two - Grass Valley and Nevada City). The Town of Truckee is centrally located near Lake Tahoe, historic state parks and an abundance of emigrant and Old West history. The town was originally developed around the logging and ice manufacturing industries, and has evolved into a town of sophistication with a variety for new and established business growth opportunities. Historically, Truckee has been considered a tourist town that was largely populated by second homeowners. According to an article in the National Geographic Adventure, Truckee was hailed as one of the World s best ski towns and is distinguished in the article by stating that Truckee is an inviting mountain burg steeped in ski heritage, amenities, and culture. Additionally, in the Men s Journal travel section in April 2012, Truckee is named as one of America s Best Mountain Towns to stay, eat and play. Tourism remains high in the Truckee and Lake Tahoe areas, and continues to progressively grow. Supposing tourism and the homeowner base remain steadily on the up-and-up during the recovery of the national recession, the increase of the Truckee population shall be a major contributing factor to the overall community growth employment base in the retail, service, professional and government sectors in the years to come. III. Demographics Traveling to and from the Town of Truckee is made convenient with the centrally located Truckee Tahoe Airport, the close proximity of the Reno-Tahoe Airport and daily stops made by bus and train make doing business or vacationing in a mountain town more accommodating. The Town of Truckee is located in the Sierra Nevada mountain range and is a mere 200 miles (N/W) from San Francisco, 100 miles (East) from Sacramento, 40 miles (West) from Reno, NV and a matter of minutes to Lake Tahoe. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 6 P age

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