Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA
PROPERTY PROFILE Location
17035 Condit Road, Morgan Hill, CA
Space Available
4,500 sf (with drive-thru)
Lease Price
Please Inquire with Broker
Project Highlights
• • • • • •
or 5,000 sf (divisible)
Build-to-Suit or Ground Lease Freeway fronting pad opportunity Fully entitled drive-thru Central Morgan Hill position Highway pylon signage Hotel under construction (first four-story building in Morgan Hill)
2015 DEMOGRAPHICS
Population AVG. HH Income Daytime Population
1-mile
2-mile
3-mile
10,701
29,814
46,661
$107,132
$103,404
$107,093
1,933
15,861
18,728
2015 TRAFFIC COUNTS East Dunne Ave @ Condit
15,511 ADT
Hwy 101 @ East Dunne Avenue
250,000 ADT
James Chung Executive Managing Director +1 408 436 3630
[email protected] Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01408190
LIC #01975898
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444
www.cushmanwakefield.com
Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA
SITE PLAN
James Chung Executive Managing Director +1 408 436 3630
[email protected] LIC #01408190
Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01975898
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
www.cushmanwakefield.com
Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA
PYLON SIGNAGE
James Chung Executive Managing Director +1 408 436 3630
[email protected] LIC #01408190
Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01975898
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444 www.cushmanwakefield.com
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA
RETAIL AERIAL
Morgan Hill Plaza
Vineyard Town Center
James Chung Executive Managing Director +1 408 436 3630
[email protected] Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01408190
LIC #01975898
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444
www.cushmanwakefield.com
Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA
MORGAN HILL @ A GLANCE (10 minute drive time)
ABOUT MORGAN HILL
Population ..............................................
49,306
Households .............................................
15,649
Average Household Income ...........
$105,364
Median Household Income .............
$134,100
% Households Over $100k .............
53.5%
Average Household Size .................
3.12
MORGAN HILL BY THE NUMBERS • 10th Fastest Growing Community in the State of California • 1.3 Million Visitors to Regional Sport Facilities • 800 Hotel Rooms with 300 New Rooms in Entitlement • Top Employers: Anritsu - 492 Employees Morgan Hill Unified School District - 435 Employees Flextronics - 350 Employees Foxhead - 252 Employees Specialized Bikes - 240 Employees
RESIDENTIAL DEVELOPMENT IN MORGAN HILL: • As of February 2014 there were more than 1,974 active residential projects in the City of Morgan Hill. • City projects a 2.75% annual growth rate between now and 2020. • Residential Development Control System allows for approximately 25 dwelling units per year. (Not including downtown Morgan Hill)
James Chung Executive Managing Director +1 408 436 3630
[email protected] Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01408190
LIC #01975898
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444
www.cushmanwakefield.com
Retail Pad for Lease Condit Road & East Dunne Avenue, Morgan Hill, CA Demographics PLOH
PLOHV
PLOHV
2ZQHU2FFXSLHG+RXVLQJ8QLWV
5HQWHU2FFXSLHG+RXVLQJ8QLWV 0HGLDQ$JH
6XPPDU\ 3RSXODWLRQ +RXVHKROGV )DPLOLHV $YHUDJH+RXVHKROG6L]H 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 0HGLDQ$JH 0HGLDQ+RXVHKROG,QFRPH $YHUDJH+RXVHKROG,QFRPH
&HQVXV6XPPDU\ 3RSXODWLRQ +RXVHKROGV )DPLOLHV $YHUDJH+RXVHKROG6L]H
6XPPDU\ 3RSXODWLRQ +RXVHKROGV )DPLOLHV $YHUDJH+RXVHKROG6L]H 2ZQHU2FFXSLHG+RXVLQJ8QLWV 5HQWHU2FFXSLHG+RXVLQJ8QLWV 0HGLDQ$JH 0HGLDQ+RXVHKROG,QFRPH $YHUDJH+RXVHKROG,QFRPH 7UHQGV $QQXDO5DWH 3RSXODWLRQ +RXVHKROGV )DPLOLHV 2ZQHU+RXVHKROGV 0HGLDQ+RXVHKROG,QFRPH
James Chung Executive Managing Director +1 408 436 3630
[email protected] Nicole Lyon Associate +1 925 627 2485
[email protected] LIC #01408190
LIC #01975898
Cushman & Wakefield Copyright 2015. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.
300 Santana Row, Fifth Floor San Jose, CA 95128 T +1 408 615 3400 F +1 408 615 3444
www.cushmanwakefield.com