RETAIL/OFFICE BUILDING

Transcription

1 FOR SALE OR LEASE Westpointe Apartments Westgate Town Homes High isibility at a signalized intersection on West Lane Well located in-fill site Benefits from traffic counts in excess of ± 54,000 ehicles daily Xaier Santana President (925) Xaier@ngcip.com License # Bill Johnson Associate (209) Bill.Johnson@ngcip.com License # Neil Reiher Associate (925) Neil.Reiher@ngcip.com License # Broker License # T (209) F (209)

2 PROPERTY SUMMARY ASKING PRICE: LEASE RATE: BUILDING SIZE: AVAILABLE SPACE: PARCEL SIZE: PARKING STALLS: ± 350 ZONING: TRAFFIC COUNTS: Contact Broker Contact Broker ± 51,427 Sq Ft ± 10,000-51,427 Sq Ft ± 5.33 Acres General Commercial (C-G) East Swain Site: West Site: ± 16,000 ADT ± 29,000 ADT PROPERTY HIGHLIGHTS: Features a wide open floor plan, secured patio, 24 hour security/monitoring, magnetic card lock system, and closed circuit sureillance Frontage on West Lane, Swain Road, and Tam O Shanter Drie Centrally located in Stockton between 2 major north/south freeways, Interstate 5 and Highway 99 Benefits from a dense population of ±139,785 within a 3- mile radius with an aerage household income of $60,995 One million square feet of commercial space within a 1 mile radius, including retailers such as Walmart Neighborhood Markets, Whole Foods, Winco Foods, Regal Holiday 8, Costco, Starbucks, Kaiser Permanente, Walgreens, Subway, and more PAGE 2

3 PROPERTY DETAILS THE OPPORTUNITY Northgate Commercial is pleased to offer this unique opportunity which consists of a freestanding call center building or potential multi-tenant retail/office building featuring a large open floor plan. The neighborhood in which the property is located features an established residential, retail and industrial base, with the office segment positioned in an early re-deelopment phase. TYPE: ROOF: Stucco oer metal stud Single ply PVC coating FOUNDATION: HVAC: FLOORING: CEILINGS: LIGHTING: ELEVATOR: Concrete slab-on grade 28 roof-top mounted package units Mix of commercial grade carpet and CVT Open ceilings throughout with T-bar in priate offices Recessed fluorescent lighting None YEAR CONSTRUCTED: 1994 LIFE SAFETY: 100% wet sprinklers in work areas and common corridors; computer serer room sered by a 2- stage, pre-action, dry pipe system. Building is monitored 24-hours a day and incorporates both audible and isual enunciation deices. SECURITY: Building has manned security desk 24-hours a day; all exterior doors controlled by magnetic card lock system and premises are monitored ia closed circuit sureillance ACCESS / EXPOSURE: The property benefits from frontage along West Lane and is easily accessed from 3 ingress and egress points at West Lane, Swain Road, and Tam O Shanter Drie. Additionally, the property is located between 2 major north/south freeways, I-5 and Hwy 99, proiding an easy commute for employees ZONING / USES: The General Commercial, zoning district is applied to areas appropriate for a wide ariety of general commercial uses, including retail, business serices, commercial recreational uses, and a mix of office, commercial and/or residential uses PAGE 3

4 MARKET AERIAL Hammer Lane West Lane ± 19,000 ADT ± 19,000 ADT PAGE 4

5 DEMOGRAPHICS POPULATION 1 mi 3 mi 5 mi 2016 Estimated Population 30, , , Projected Population 32, , , Census Population 29, , ,046 Projected Annual Growth 2016 to % 1.5% 1.4% 2016 Median Age HOUSEHOLDS 2016 Estimated Households 9,066 44,138 89, Projected Households 9,539 46,354 94, Census Households 8,580 41,033 83,771 Projected Annual Growth 2016 to % 1.0% 1.0% Historical Annual Growth 2000 to % 1.3% 1.1% RACE AND ETHNICITY 2016 Estimated White 25.3% 35.7% 42.0% 2016 Estimated Black or African American 14.1% 11.6% 10.8% 2016 Estimated Asian or Pacific Islander 35.9% 29.3% 22.3% 2016 Estimated American Indian or Natie Alaskan 0.7% 0.9% 1.1% 2016 Estimated Other Races 24.0% 22.6% 23.8% 2016 Estimated Hispanic 33.6% 32.5% 36.3% INCOME 2016 Estimated Aerage Household Income $51,056 $60,995 $65, Estimated Median Household Income $41,670 $49,503 $52, Estimated Per Capita Income $15,225 $19,399 $22,101 BUSINESS 2016 Estimated Total Businesses 613 4,125 9, Estimated Total Employees 5,823 36,254 92,324 Map 2016 Northgate Commercial Real Estate. We obtained the information aboe from sources we beliee to be reliable. Howeer, we hae not erified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal adisors should conduct your own inestigation of the property and transaction. PAGE 5