FOR LEASE - NEW RETAIL

Report 1 Downloads 143 Views
FOR LEASE - NEW RETAIL 1715 W BEACH STREET WATSONVILLE, CA

REUBEN HELICK Managing Director +1 831 647 2109 [email protected] Lic. #01171272

1 Lower Ragsdale Drive Building 1, Suite 100 Monterey, CA 93940

FOR LEASE

1715 W BEACH STREET / WATSONVILLE, CA Property Highlights - Pre-Construction Offering •

Total of 21,163 SF Available - Divisible to ±1,350 SF



Served by Freeway Interchange / Hwy 1



5 Retail Buildings



Warm Shell Delivery / TI Allowance Available



Construction Starts Q2, 2017



Ample Parking



Contiguous to two Future Hotels (±186 rooms)



Delivery ±Q1, 2018



Prominent Westside Location

REUBEN HELICK Managing Director +1 831 647 2109 [email protected] Lic. #01171272

1 Lower Ragsdale Drive Building 1, Suite 100 Monterey, CA 93940

FOR LEASE

1715 W BEACH STREET / WATSONVILLE, CA Building

Square Footage/Description

Price/SF

Building 1

±4,023 SF (Restaurant)

$3.00 PSF, Plus NNN

Building 2

±4,770 SF (Retail - divisible)

$3.00 PSF, Plus NNN

Building 3

±5,027 SF (Designed for two fast food restaurants and one drive-thru coffee shop)

Fast Food: $3.00 PSF, Plus NNN

Building 4

±3,637 SF (Grocery/Retail)

$3.00 PSF, Plus NNN

Building 5

±4,004 SF (Restaurant)

$3.00 PSF, Plus NNN

Coffee Shop: $4.50 PSF, Plus NNN

FOR LEASE

1715 W BEACH STREET WATSONVILLE, CA Cushman & Wakefield / Demographics Watsonville, California

Demographics

Prepared by Cushman & Wakefield

Rings: 1, 3, 5 mile radii

Latitude: 36.90871 Longitude: -121.75516 1 mile

3 miles

5 miles

Population 2000 Population

23,490

59,229

75,419

2010 Population 2016 Population

22,268 23,347

63,903 67,179

80,605 84,571

2021 Population 2000-2010 Annual Rate

24,442 -0.53%

70,471 0.76%

88,563 0.67%

2010-2015 Annual Rate 2015-2020 Annual Rate 2016 Male Population 2016 Female Population

0.76% 0.92%

0.80% 0.96%

0.77% 0.93%

51.3% 48.7%

50.4% 49.6%

50.7% 49.3%

28.0

29.8

30.6

2016 Median Age Households 2000 Households

5,304

14,887

19,155

2010 Households

5,317

16,481

20,908

2016 Total Households

5,488

17,024

21,562

2021 Total Households

5,734

17,811

22,522

2000-2010 Annual Rate

0.02%

1.02%

0.88%

2010-2015 Annual Rate

0.51%

0.52%

0.49%

2015-2020 Annual Rate

0.88%

0.91%

0.88%

4.14

3.90

3.87

2016 Median Household Income

$37,279

$46,784

$49,877

2021 Median Household Income 2015-2020 Annual Rate

$37,580 0.16%

$48,555 0.75%

$52,033 0.85%

2016 Average Household Income

$49,406

$61,654

$66,307

2021 Average Household Income

$51,810

$66,413

$71,778

0.95%

1.50%

1.60%

2016 Average Household Size Median Household Income

Average Household Income

2015-2020 Annual Rate Median Home Value 2016 2021 Data for all businesses in area Total Businesses: Total Employees: Total Residential Population: Employee/Residential Population Ratio:

1 mile 923 10,963 23,347 0.47:1

3 miles 2,163 26,658 67,179 0.4:1

$396,585 $471,232

$423,058 $491,610 5 miles 2,690 31,946 84,571 0.38:1

2016 Consumer Spending Food at Home: Total $ Average Spent Spending Potential Index

1 mile

3 miles

5 miles

$19,205,643 $3,499.57 70

$71,462,358 $4,197.74 84

$95,891,575 $4,447.25 89

Food Away from Home: Total $ Average Spent

$11,656,328 $2,123.97

$43,798,266 $2,572.74

$59,006,419 $2,736.59

69

83

88

Spending Potential Index

REUBEN HELICK Managing Director +1 831 647 2109 [email protected] Lic. #01171272

$384,661 $461,585

1 Lower Ragsdale Drive Building 1, Suite 100 Monterey, CA 93940

FOR LEASE

1715 W BEACH STREET / WATSONVILLE, CA Retail Aerial

FOR LEASE

1715 W BEACH STREET / WATSONVILLE, CA Aerial

REUBEN HELICK Managing Director +1 831 647 2109 [email protected] Lic. #01171272

1 Lower Ragsdale Drive Building 1, Suite 100 Monterey, CA 93940