FOR SALE LAND COMMERCIAL LOTS AT NEVADA CITY TECH CENTER Lots 1-11 Providence Mine Rd Nevada City, CA 95959 PRESENTED BY: LOCK RICHARDS Managing Director 530.470.1740 X1 lock.richards@svn.com BRE #01302767 PROPERTY HIGHLIGHTS Ready-to-build light industrial lots. Development entitlements already secured. Significant bulk sale discount. Half to 6-acre sites for manufacturing to office use. Amenities unmatched in any other park. Walk to any service needed!
DISCLAIMER The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of the SVN Advisor or Property Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor. Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future representation of the Property. This Offering Brochure may include certain statements and estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the SVN Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk.
EXECUTIVE SUMMARY Executive Summary SALE OVERVIEWVIEW SALE PRICE: LOT SIZE: APN #: ZONING: MARKET: SUB MARKET: CROSS STREETS: See Lot Price Breakdown 15 Acres 05-560-01/02/03/05 & More LI-DA (Lt. Indust. Dev. Agrmt) Nevada County Nevada City Zion & Gold Flat PROPERTY DESCRIPTION Eight light industrial lots available individually, or in bulk at significant discount off per-lot pricing. Parcels range from a half acre to 3.5 acres or can be combined for a contiguous parcel of up to +- 6 acres in size. Lots are ready-to-build and include Development Agreement entitlements (thru 2030!) for 170,000 additional sq. ft. Permitted uses include light assembly/manufacturing/repair (conducted w/i building), R&D, laboratories, office, studios, cabinet shops, etc. Unrivaled park amenities include 20 acres open space, extensive trail network, basketball/bocceball courts, picnic areas, available fiber optic internet service, planned on-site workforce housing -- all within walking distance to the 7-Hills Bus. District - the emerging cultural/social center for Nevada City locals. LOCATION OVERVIEWVIEW Nevada City is nestled in the Sierra Nevada foothills only one hour from both Lake Tahoe & Sacramento. Located below the snow line & above the fog for the perfect 4-season climate. Within 90 minutes of 4 major universities (UC Davis, CS Chico, CS Sacto & UN Reno) & 2 intl. airports (Sacto & Reno). Nevada County s economy has effectively transitioned from mining/logging/construction to video tech, digital media & other high-tech industries, balanced by national-caliber arts & entertainment sectors. With superb schools & multiple national awards relating to unbeatable quality of life, the region continues to attract residents & businesses from nearby Sacramento & the SF Bay Area. Nevada City s 7-Hills Business District is located just a half-mile from the historic Downtown and is quickly becoming the new cultural center of town for the locals, with popular venues including a brewery, tap house, theater, organic foods, health club, dance/yoga studios, bakery, cafes, offices, stores and other services. Nevada City was recently on the cover of Sunset Magazine as the Best Value Town in the West! 3
SATELLITE MAP Satellite Map 4
LOCATION MAPS Location Maps 5
LAND LOTS Land Lots Lot t # Size (AC) Price/SF Sale Price Statustus Description Bulk Sale - 8 Lots 15.03 $3.66 $2,400,000 Available 1 4.53 $3.52 $695,000 Available 2 1.23 $5.60 $300,000 Available The bulk-sale of 8 prime developable light industrial/office lots located in the newest and most exciting business park in Nevada County - the Nevada City Tech Center. Huge discount off of per-lot pricing. One of the finest ready-to-build lots, ideally located at the Park entrance and suitable for a "statement" building. Located at the Park entrance, a fine down-slope parcel that may be combined with two other adjacent parcels for a total of +-4.69 acres. 6
LAND LOTS Land Lots Lot t # Size (AC) Price/SF Sale Price Statustus 4 1.22 $9.03 $480,000 Available 5 2.44 $3.76 $400,000 Available 6 0.52 $12.58 $285,000 Available Description Superbly located at the park center adjacent to the Maidu Grove amenity area. A ready-to-build flat site suitable for light manufacturing to medical use. May be combined with adjacent parcels for larger development. Superbly located at the park center adjacent to the Maidu Grove amenity area. Lot could be split, or it may also be combined with adjacent parcels for larger development. Superbly located at the park center adjacent to the Maidu Grove amenity area. Perfect for +-7,000sf 1-story building or perhaps a 10,000sf 2-story structure. May be combined with adjacent parcels for larger development. 7
LAND LOTS Land Lots Lot t # Size (AC) Price/SF Sale Price Statustus 8 1.63 $7.75 $550,000 Available 10 2.3 $3.74 $375,000 Available 11 1.16 $4.95 $250,000 Available Description Superbly located at the park center adjacent to the Maidu Grove amenity area. Plans completed and approved for 30,000sf 2-story flex building. May be combined with adjacent parcels for larger development. A fine down-slope parcel that may be combined with two other adjacent parcels for a total of +-4.69 acres. A fine down-slope parcel that may be combined with two other adjacent parcels for a total of up to +-4.69 acres. 8
DEMOGRAPHICS MAP Demographics Map POPULATION 1 MILE 5 MILES 10 MILES TOTAL POPULATION 2,202 32,107 63,384 MEDIAN AGE 46.1 44.4 47.9 MEDIAN AGE (MALE) 44.9 41.1 45.9 MEDIAN AGE (FEMALE) 47.4 47.8 49.6 HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES TOTAL HOUSEHOLDS 915 13,779 27,212 # OF PERSONS PER HH 2.4 2.3 2.3 AVERAGE HH INCOME $77,853 $63,910 $68,453 AVERAGE HOUSE VALUE $1,048,873 $595,383 $501,801 9
ADDITIONAL PHOTOS Additional Photos 10
ADDITIONAL PHOTOS Additional Photos 11
ADVISOR BIO & CONTACT 1 Advisor Bio & Contact 1 Lock Richards Managing Director SVN Highland Commercial Lock Richards serves as a Managing Director and Broker for Sperry Van Ness - Highland Commercial, specializing in the sale and leasing of office, industrial, retail, land, multi-family & investment properties in Nevada County. He has been active in the commercial/investment real estate industry for more than 25 years and has completed over 500 transactions. Memberships & Affiliations Northern California CCIM, Nevada County Association of Realtors, Nevada County Contractors Association, Grass Valley & Nevada County Chamber of Commerce, Nevada City Chamber of Commerce, Sacramento Metrolist BRE #01302767 Phone: 530.470.1740 x1 Fax: 530.470.0989 Email: lock.richards@svn.com Address: 11300 Willow Valley Road Nevada City, CA 95959 Richards founded Highland Commercial in 1999 and quickly grew the firm into the region's most respected commercial real estate company. In 2003, he affiliated with Sperry Van Ness, one of the largest and most innovative commercial brokerage firms in the nation. Over the past 13 years Sperry Van Ness - Highland Commercial has grown into the area's dominant commercial brokerage company with clients including National Semiconductor, Linear Technology, Grass Valley Group, TDK Semiconductor, AJA Video, 2Wire and Tektronix. Prior to moving to Nevada County, Richards spent several years in corporate real estate. At Beazer Developments West and Hanson Properties West in San Francisco, he managed several large-scale, formerly industrial properties, and transitioned them into successful developments, including a half-million square foot office park in the heart of Silicon Valley (now home to Microsoft Corp.) and a Home Depot/Food For Less shopping center in Hayward, California. Richards was also responsible for the disposition and project management of a portfolio of land and improved properties valued at over $40 million. Richards began his career in Sacramento working in office leasing for Buzz Oates Enterprises / Sylva-Kirk & Company. He also spent several years in office leasing and sales in the East Bay Area at Norris, Beggs & Simpson. Richards has been a licensed California real estate broker since 1990. He graduated from the University of California at Berkeley in 1982. 12