Visalia Marketplace Shopping Center

Transcription

1 Visalia Marketplace Shopping Center Prime Buildable Anchor Space up to 45,000± SF Available SEC Noble Ave. & Demaree St., Visalia, CA Anchors: Kmart, Save Mart & Dollar Tree High Visibility & Signalized Intersections Excellent Highway 198 Access Strong Demographics Abundant & Convenient Parking Modern Design & Architecture Regional & National Tenants Central Visalia Location Visalia Marketplace SEC Noble & Demaree Visalia, CA Michael Arfsten BRE # For more information, please contact: Mike Kennedy mkennedy@retailcalifornia.com BRE #

2 - Visalia Marketplace Shopping Center SEC Noble Ave. & Demaree St., Visalia, CA Property Description: Visalia Marketplace is central Visalia s very attractive and well-maintained shopping center, located at the southeast corner of Noble Ave. and Demaree St. The property is located adjacent to Highway 198 on/off-ramps and dense residential neighborhoods. Kmart, Save Mart, and Dollar Tree anchor the center with national tenants including Starbucks, Pizza Factory, Burger King, Popeyes, and Check Into Cash. Future Development: Building C2: 7,000± SF Building D: 45,000± SF Building E: 10,000± SF Available Shop Space: Pad 2: 3401-C: 2,000± SF Pad 5: 3129: 1,260± SF Pad 6: 649-B: 1,119± SF Pad 6: 649-C: 940± SF Bldg B: 3537: 1,149± SF 2017 Demographics 1 Mile 3 Miles 5 Miles Population: 22,125 63, ,624 Total Households: 8,720 23,574 43,506 Avg HH Income: $46,844 $55,942 $66,343 Daytime Pop: 23,399 63, ,997 Source: AnySite 2016 Traffic Counts Noble Ave: 22,033 ADT Source: Kalibrate TrafficMetrix Demaree St: 7,003 ADT County Center Drive: 11,446 ADT Surface Street Total: 40,482 Avg Daily Traffic State Highway 198: 69,000 Annual ADT Total Exposure: 109,482 ADT

3 COUNTY DEMAREE CENTER DRIVE ROAD LEASING SITE PLAN STATE HIGHWAY 198 ON RAMP WEST NOBLE AVENUE PAD A 3401-B 3401-C PAD 2 PAD PAD NAP PAD 5 BLDG A 3615 BLDG B BLDG C1 BLDG C2 7,000 SF BLDG D 45,000 SF FUTURE BLDG E 10,000 SF FUTURE BLDG F C 649-B 649-A 649 PAD 6 CAMPUS DRIVE 106 PAD SUITE/ADDRESS TENANT AREA BUILDING SUITE/ADDRESS TENANT AREA AVAILABLE 5,208 SF 1 TBD (U/C) Popeyes Chicken 4,950 SF A 3615 Save Mart Supermarkets 50,409 SF FUTURE 77,450 SF A Starbucks Coffee 1,700 SF B 3533 The Laundry Lady 2,200 SF TOTAL 278,244 SF B Check into Cash of CA 1,400 SF B 3537 AVAILABLE 1,149 SF C AVAILABLE 2,000 SF B 3539 Lucky Day Laundry 2,298 SF Parking Provided 1162 SPACES Zen Asian Diner 3,000 SF B 3543 Labor Max Staffing 1,225 SF Parking Ratio 4.2/ Masago Sushi 1,180 SF B 3545 McDonald Hearing Aid Center 1,400 SF Hookah Lounge 1,800 SF B 3547 Rockstar Nails & Spa 1,400 SF El Rosal Resaurant 3,000 SF ,520 SF Pizza Factory ,200 SF AVAILABLE 1,260 SF B 3549 Great Clips for Hair 1,400 SF C1 U/C Dollar Tree 10,500 SF C2 FUTURE FUTURE DEVELOPMENT 7,000 SF D FUTURE FUTURE DEVELOPMENT 45,000 SF AVAILABLE FUTURE PAD 1 - OPTION Brandman University 18,017 SF E FUTURE FUTURE DEVELOPMENT 10,000 SF A Global Drug Testing Services 1,099 SF F 3247 Kmart 98,078 SF B AVAILABLE 1,119 SF C AVAILABLE 940 SF

4 VISALIA MARKETPLACE VISALIA, CALIFORNIA Visalia Marketplace Aerial Coun t Demaree St 11,446y Center D cars per d rive ay et 21,800 cars pere r day VISALIA MARKETPLACE Highway 198 On Ramp Noble Avenue 22,033 cars per day 62,000 cars per day Highway 198 Mineral King Avenue Highway 198 Off Ramp For more information, please contact: VINCE ROCHE Senior Director Principal DUANE KEATHLEY Senior Director Principal JOSH SHERLEY Senior Associate NATHAN PEREZ Sales Associate P

5 Conceptual Elevations for Proposed Buildings

6 Major Retail & Fast Casual Dining Competition - Visalia, CA

7 Demographic Study Updated Summary Report W Noble Ave AT Demaree St W Noble Ave AT Demaree St Visalia, CA August 2017 Coordinates Longitude: Latitude: MILE 3 MILE 5 MILE RING RING RING 3.14 SQ/MI SQ/MI SQ/MI Population Trend 2000 Total Population 13,339 79, , Total Population 13,946 98, , Total Population 14, , , Total Population 14, , ,906 Households Trend 2000 Total Households 4,990 26,754 33, Total Households 5,095 32,760 43, Total Households 5,144 34,082 44, Total Households 5,240 36,062 47,341 Population Change Trend 2000 to 2010 Population Change 4.6% 24.2% 30.1% 2000 to 2016 Population Change 8.9% 33.2% 39.1% 2010 to 2021 Population Change 5.3% 12.8% 12.3% 2016 to 2021 Population Change 1.1% 5.2% 5.0% Household Change Trend 2000 to 2010 Household Change 2.1% 22.4% 28.0% 2000 to 2016 Household Change 3.1% 27.4% 32.5% 2010 to 2021 Household Change 2.8% 10.1% 9.5% 2016 to 2021 Household Change 1.9% 5.8% 5.8% 2016 Race White alone 67.6% 62.3% 62.7% Black or African American alone 2.8% 2.2% 2.1% American Indian and Alaska Native alone 1.2% 1.4% 1.4% Asian alone 3.1% 5.6% 5.4% Native Hawaiian and OPI alone 0.3% 0.1% 0.1% Some Other Race alone 19.8% 23.4% 23.3% Two or More Races 5.2% 5.0% 4.9% 2016 Income Per Capita Income $26,215 $24,362 $23,649 Household Income: Median $50,419 $53,619 $53,932 Household Income: Average $71,690 $74,665 $73,122 Less than $10, % 6.5% 6.7% Data Source: Pitney Bowes Software, Inc 2016 Gadberry Group LLC. All Rights Reserved. Page 1

8 Demographic Study Updated Summary Report W Noble Ave AT Demaree St W Noble Ave AT Demaree St Visalia, CA August 2017 Coordinates Longitude: Latitude: MILE 3 MILE 5 MILE RING RING RING 3.14 SQ/MI SQ/MI SQ/MI $10,000 to $14, % 6.3% 5.8% $15,000 to $19, % 5.4% 5.3% $20,000 to $24, % 5.0% 4.6% $25,000 to $29, % 5.2% 5.3% $30,000 to $34, % 4.8% 5.0% $35,000 to $39, % 4.8% 4.8% $40,000 to $44, % 3.6% 3.4% $45,000 to $49, % 5.4% 5.7% $50,000 to $59, % 8.1% 8.4% $60,000 to $74, % 9.9% 10.6% $75,000 to $99, % 12.6% 12.6% $100,000 to $124, % 7.6% 7.5% $125,000 to $149, % 5.9% 6.0% $150,000 to $199, % 4.2% 4.0% $200,000 or more 4.2% 4.7% 4.1% Average household size Total Daytime Population 17, , ,063 Total Employee Population 8,189 47,834 62,518 Total Daytime at Home Population 9,035 65,538 86,545 Total Employee Population (% of Daytime 47.5% 42.2% 41.9% Population) Total Daytime at Home Population (% of Daytime Population) 52.5% 57.8% 58.1% Data Source: Pitney Bowes Software, Inc 2016 Gadberry Group LLC. All Rights Reserved. Page 2