COMING SOON SKI RUN CENTER SUBJECT
CONCEPTUAL PLAN + ±5,000 SF available for Ground Lease - Asking $95,000 annual ground rent + ±5,000 SF available for Lease - Can be demised to multiple smaller units (±1,200 SF minimum) - Asking rent $45.00/SF per year + 60 parking spaces + 31,500 AADT on Lake Tahoe Blvd. ±5,000 SF
PARCEL MAP
ONE-MILE RADIUS THREE-MILE RADIUS FIVE-MILE RADIUS 2016 ESTIMATED POPULATION 7,503 20,000 31,304 POPULATION HOUSEHOLDS INCOME 2016 DAYTIME POPULATION 5,669 20,108 28,058 2021 PROJECTED POPULATION 7,888 21,296 33,217 2010 CENSUS POPULATION 6,971 18,180 28,705 2010-2016 ANNUAL POPULATION GROWTH RATE 1.18% 1.54% 1.40% 2016-2021 ANNUAL POPULATION GROWTH RATE 1.01% 1.26% 1.19% 2016 ESTIMATED MEDIAN AGE 32.4 36.0 39.2 % SOME COLLEGE OR HIGHER 47.5% 59.4% 64.4% 2016 ESTIMATED HOUSEHOLDS 2,714 8,185 13,375 2021 PROJECTED HOUSEHOLDS 2,852 8,715 14,181 2010 CENSUS HOUSEHOLDS 2,524 7,433 12,271 2000 CENSUS HOUSEHOLDS 2,618 7,886 13,207 2010-2016 ANNUAL HOUSEHOLD GROWTH RATE 1.17% 1.55% 1.39% 2016-2021 ANNUAL HOUSEHOLD GROWTH RATE 1.00% 1.26% 1.18% 2016 ESTIMATED AVERAGE HOUSEHOLD SIZE 2.72 2.41 2.31 2016 ESTIMATED MEDIAN HOUSEHOLD INCOME $38,959 $46,672 $48,079 2021 PROJECTED MEDIAN HOUSEHOLD INCOME $40,087 $47,409 $48,859 2016 ESTIMATED AVERAGE HOUSEHOLD INCOME $55,713 $69,851 $71,400 2021 PROJECTED AVERAGE HOUSEHOLD INCOME $60,433 $75,363 $77,569 2016 ESTIMATED PER CAPITA INCOME $20,905 $29,019 $31,018 2016 ESTIMATED HOUSING UNITS 4,861 13,482 22,962 HOUSING 2016 ESTIMATED OCCUPIED UNITS 2,714 8,185 13,375 2016 ESTIMATED VACANT UNITS 2,147 5,297 9,587 2016 ESTIMATED OWNER OCCUPIED UNITS 695 3,050 5,889 2016 ESTIMATED RENTER OCCUPIED UNITS 2,019 5,135 7,486 2016 ESTIMATED MEDIAN HOUSING VALUE $376,761 $407,739 $438,981 2016 ESTIMATED AVERAGE HOUSING VALUE $462,320 $482,748 $525,386
PROPERTY POINTS + APN: 027-072-32 El Dorado County, CA - ±0.517 AC ±22,521 SF + ±150 linear feet of frontage on Lake Tahoe Blvd. + Underserved trade area + Highly visible and heavily traveled regional roadway + Approximately 3 million people visit Lake Tahoe each year + Average year-round resident population is 53,000 while total population can reach 300,000 on peak days + Well positioned to capitalize on the year-round tourism generated from the surrounding resorts and casinos + Development & Permitting Authorities - City of South Lake Tahoe - (link) - Tahoe Regional Planning Agency (TRPA) - (link) CONTACT US SHAWN SMITH, CCIM, CLS Vice President +1 775 823 6961 shawn.smith@cbre.com Lic. 01986877 TRAFFIC COUNTS 2014 Traffic Volumes (CalTrans) US 50 at Ski Run Blvd. (West) 28,000 AADT US 50 at Ski Run Blvd. (East) 31,500 AADT 2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. PN 206498. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.