REYNOLDS RANCH
NEW PRICE REDUCTION
REYNOLDS RANCH DICK’S SPORTING GOODS & BOOT BARN 2760 & 2770 Reynolds Ranch Parkway Lodi, CA 95240
INVESTMENT SUMMARY
PROPERTY SUMMARY Price
$10,075,000
Name
Reynolds Ranch
Address
2760 & 2770 Reynolds Ranch Pkwy
Cap Rate
5.75%
Parcel Number
058-650-17
Total Square Feet
±45,000
Occupancy
100%
Year Built
2016
Total Land Area Acres
±5.00
THE OPPORTUNITY
PROPERTY HIGHLIGHTS
An amazing asset preservation with a solid cash flow from two national tenants (Dick’s Sporting Goods and Boot Barn). 2016 constructed freeway frontage retail building priced at or below replacement cost at $223 PSF. Located in a Costco/Home Depot anchored Power Center on Highway 99/Harney Lane Interchange.
>
Dick’s Sporting Goods (NYSE:DKS) operates 610 stores throughout the United States.
>
Boot Barn (NYSE:BOOT) operates 208 stores in 29 states.
>
New 10 year NNN leases.
>
Costco and Home Depot anchor the Reynolds Ranch Power Center. The Home Depot opened April 2012 and Costco opened June 2011.
>
Costco occupies ±148,000 square feet and Home Depot occupies 134,240 square feet within the shopping center, creating a wide regional draw that reaches north of Galt, south near the border with Stockton, deep into the sierra foothills gold country to the east and Interstate-5 to the west.
>
Reynolds Ranch is the heart of a ±220 acre, mixed-use, master-planned community that will be home to over 2,000 residents with 224 residential homes in different phases of development. Phase I is under construction, Phase II is completing on-site improvements and Phase III will begin grading the 3rd quarter of this year.
>
Also included in the Reynolds Ranch project is a 156 unit luxury apartment complex in the beginning stages of construction and an independent living project which recently received grading permits.
>
At full build-out, Reynolds Ranch will total approximately ±498,522 square feet of retail space and ±200,000 SF of office.
>
Located adjacent to the recently constructed ±160,000 square foot Blue Shield of California claims and call center which has 700 employees and is one of Lodi’s largest private sector employers.
>
Other notable Tenants within the Reynolds Ranch power center are Starbucks, Five Guys Burgers and Fries, Subway, Verizon Wireless, Supercuts, Wingstop and Sleep Train.
LOCATION HIGHLIGHTS >
Provides strong regional draw due to surrounding cities of Sacramento, Stockton, and Galt, as well as nearby foothill communities.
>
Being located in southern Lodi allows Reynolds Ranch to draw many shoppers from the Stockton market as Reynolds Ranch provides a much more desirable shopping experience.
>
Reynolds Ranch has excellent Highway 99 frontage and visibility at the southwest quadrant of the E. Harney interchange.
AFFLUENT SACRAMENTO COUNTY TRADE AREA RADIUS
3-MILE
5-MILE
10-MILE
Total Population
11,953
99,399
353,395
Daytime Population
15,057
106,078
355,685
Average Household Income
$59,927
$74,252
$69,530
Demographics 2016, Pitney Bowes
Grass Valley
r
s si
Si ra
er
Walnut Creek
da
Berkeley
Yosemite National Park
Sonora
Stockton
Mon Lake
SAN FRANCISCO Mammoth Lakes
Sa oa
qu in
Ri
SAN JOSE
nJ
Palo Alto
ve
r
37°N
MICKEY TURPEN Senior Vice President L #01340787 [email protected]
Santa Cruz
Monterey Carmel-by-the-Sea
Kin Watsonville
Fresno
Di
JASON GALLELLI Executive Vice President L #01143594 [email protected]
va
Sutter PROPERTY Creek
Sonoma
Farallon Islands
Ne
SACRAMENTO
San Rafael
GARY GALLELLI President L #01099383 [email protected]
Folsom49
Davis
Santa Rosa
38°N
CARSON CITY South Lake Tahoe
er
iv an R
Calistoga
3005 Douglas Blvd #200 Roseville, CA 95661 P 916 784 2700 F 916 784 2098
City
Lake Tahoe
ive
Ru
Clear Lake
oR
y alle o V
°N
ab lo
g Bi
36°N
r
Ra
Su
ng e Paso Robles
DICK’S SPORTING GOODS & BOOT BARN
35°N
THE HOME DEPOT
Morro Bay
Bakersfield
San Luis Obispo
REYNOLDS RANC
H PARKWAY
ROCKY LANE
34°N
SLEEP TRAIN & GRAND NAILS & SPA
Santa Barbara
WINGSTOP,Channel SUPERCUTS Islands & FIVE GUYS BURGERS Channel Islands National Park
COSTCO
San Nicolas Island
33°N
VERIZON, SUBWAY & STARBUCKS 32°N
Santa Mo
LOS
Catalin Island
REYNOLDS RANCH DICK’S SPORTING GOODS & BOOT BARN 2760 & 2770 Reynolds Ranch Parkway Lodi, CA 95240
INVESTMENT SUMMARY
PROPERTY SUMMARY Price
$10,075,000
Name
Reynolds Ranch
Address
2760 & 2770 Reynolds Ranch Pkwy
Cap Rate
5.75%
Parcel Number
058-650-17
Total Square Feet
±45,000
Occupancy
100%
Year Built
2016
Total Land Area Acres
±5.00
THE OPPORTUNITY
PROPERTY HIGHLIGHTS
An amazing asset preservation with a solid cash flow from two national tenants (Dick’s Sporting Goods and Boot Barn). 2016 constructed freeway frontage retail building priced at or below replacement cost at $223 PSF. Located in a Costco/Home Depot anchored Power Center on Highway 99/Harney Lane Interchange.
>
Dick’s Sporting Goods (NYSE:DKS) operates 610 stores throughout the United States.
>
Boot Barn (NYSE:BOOT) operates 208 stores in 29 states.
>
New 10 year NNN leases.
>
Costco and Home Depot anchor the Reynolds Ranch Power Center. The Home Depot opened April 2012 and Costco opened June 2011.
>
Costco occupies ±148,000 square feet and Home Depot occupies 134,240 square feet within the shopping center, creating a wide regional draw that reaches north of Galt, south near the border with Stockton, deep into the sierra foothills gold country to the east and Interstate-5 to the west.
>
Reynolds Ranch is the heart of a ±220 acre, mixed-use, master-planned community that will be home to over 2,000 residents with 224 residential homes in different phases of development. Phase I is under construction, Phase II is completing on-site improvements and Phase III will begin grading the 3rd quarter of this year.
>
Also included in the Reynolds Ranch project is a 156 unit luxury apartment complex in the beginning stages of construction and an independent living project which recently received grading permits.
>
At full build-out, Reynolds Ranch will total approximately ±498,522 square feet of retail space and ±200,000 SF of office.
>
Located adjacent to the recently constructed ±160,000 square foot Blue Shield of California claims and call center which has 700 employees and is one of Lodi’s largest private sector employers.
>
Other notable Tenants within the Reynolds Ranch power center are Starbucks, Five Guys Burgers and Fries, Subway, Verizon Wireless, Supercuts, Wingstop and Sleep Train.
LOCATION HIGHLIGHTS >
Provides strong regional draw due to surrounding cities of Sacramento, Stockton, and Galt, as well as nearby foothill communities.
>
Being located in southern Lodi allows Reynolds Ranch to draw many shoppers from the Stockton market as Reynolds Ranch provides a much more desirable shopping experience.
>
Reynolds Ranch has excellent Highway 99 frontage and visibility at the southwest quadrant of the E. Harney interchange.
AFFLUENT SACRAMENTO COUNTY TRADE AREA RADIUS
3-MILE
5-MILE
10-MILE
Total Population
11,953
99,399
353,395
Daytime Population
15,057
106,078
355,685
Average Household Income
$59,927
$74,252
$69,530
Demographics 2016, Pitney Bowes
Grass Valley
r
s si
Si ra
er
Walnut Creek
da
Berkeley
Yosemite National Park
Sonora
Stockton
Mon Lake
SAN FRANCISCO Mammoth Lakes
Sa oa
qu in
Ri
SAN JOSE
nJ
Palo Alto
ve
r
37°N
MICKEY TURPEN Senior Vice President L #01340787 [email protected]
Santa Cruz
Monterey Carmel-by-the-Sea
Kin Watsonville
Fresno
Di
JASON GALLELLI Executive Vice President L #01143594 [email protected]
va
Sutter PROPERTY Creek
Sonoma
Farallon Islands
Ne
SACRAMENTO
San Rafael
GARY GALLELLI President L #01099383 [email protected]
Folsom49
Davis
Santa Rosa
38°N
CARSON CITY South Lake Tahoe
er
iv an R
Calistoga
3005 Douglas Blvd #200 Roseville, CA 95661 P 916 784 2700 F 916 784 2098
City
Lake Tahoe
ive
Ru
Clear Lake
oR
y alle o V
°N
ab lo
g Bi
36°N
r
Ra
Su
ng e Paso Robles
DICK’S SPORTING GOODS & BOOT BARN
35°N
THE HOME DEPOT
Morro Bay
Bakersfield
San Luis Obispo
REYNOLDS RANC
H PARKWAY
ROCKY LANE
34°N
SLEEP TRAIN & GRAND NAILS & SPA
Santa Barbara
WINGSTOP,Channel SUPERCUTS Islands & FIVE GUYS BURGERS Channel Islands National Park
COSTCO
San Nicolas Island
33°N
VERIZON, SUBWAY & STARBUCKS 32°N
Santa Mo
LOS
Catalin Island
