SALINAS, CA 75000 SF Neighborhood Shopping Center

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RETAIL/OFFICE SPACE FOR LEASE | SALINAS, CA STAR CENTER | NEC S MAIN STREET AND BLANCO ROAD

75,000 SF Neighborhood Shopping Center

Bob Quigley

Mark Thomas

Senior Vice President

Senior Vice President

CA Lic: #00589140

CA Lic: #00994287

[email protected]

[email protected]

408.216.2317

408.216.2318

1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135

SALINAS, CA

STAR SHOPPING CENTER PROPERTY HIGHLIGHTS •

For lease Retail and Executive Office • 2,380 – 4,825 SF (divisible)



Extremely well located neighborhood shopping center in Salinas • Blanco Road & S Main Street



Anchored by Star Market • Existing tenants include McDonald’s, Ace Hardware, O’Reilly’s Auto, Papa Murphy’s, Site for Sore Eyes and H&R Block



Traffic Count at the intersection of S. Main St. and Blanco Rd. (Source: KSS Fuels 2012) • Blanco Road: 27,199 (East of Site) • Main Street: 30,311 (South of Site)



Other retailers in the area include Nob Hill Foods, Save Mart, CVS, and Starbucks



Plenty of parking available

SRS Real Estate Partners | 1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135 | [email protected] The information contained herein was obtained from sources deemed to be reliable. SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.

SALINAS, CA

STAR SHOPPING CENTER AERIAL

SRS Real Estate Partners | 1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135 | [email protected] The information contained herein was obtained from sources deemed to be reliable. SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.

SALINAS, CA

STAR SHOPPING CENTER DEMOGRAPHICS 2 miles

5 miles

7 miles

Population 2000 Population 2010 Population 2015 Population 2020 Population 2000-2010 Annual Rate 2010-2015 Annual Rate 2015-2020 Annual Rate 2015 Male Population 2015 Female Population 2015 Median Age

43,169 34,024 34,132 34,869 -2.35% 0.06% 0.43% 49.5% 50.5% 33.8

157,332 157,170 160,011 165,168 -0.01% 0.34% 0.64% 50.6% 49.4% 29.8

169,811 170,756 174,064 179,826 0.06% 0.37% 0.65% 50.4% 49.6% 30.0

In the identified area, the current year population is 174,064. In 2010, the Census count in the area was 170,756. The rate of change since 2010 was 0.37% annually. The five-year projection for the population in the area is 179,826 representing a change of 0.65% annually from 2015 to 2020. Currently, the population is 50.4% male and 49.6% female. Median Age The median age in this area is 33.8, compared to U.S. median age of 37.9. Race and Ethnicity 2015 White Alone

52.7%

46.1%

46.7%

2015 Black Alone

2.0%

1.8%

2.1%

2015 American Indian/Alaska Native Alone

1.4%

1.2%

1.2%

2015 Asian Alone

5.2%

6.2%

6.3%

2015 Pacific Islander Alone

0.4%

0.3%

0.4%

33.0%

39.3%

37.9%

2015 Other Race 2015 Two or More Races 2015 Hispanic Origin (Any Race)

5.5%

5.1%

5.3%

62.7%

75.2%

72.7%

Persons of Hispanic origin represent 72.7% of the population in the identified area compared to 17.6% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 86.5 in the identified area, compared to 63.0 for the U.S. as a whole. Households 2000 Households

11,760

40,285

44,562

2010 Households

11,670

42,599

47,151

2015 Total Households

11,667

43,065

47,739

2020 Total Households

11,917

44,413

49,291

2000-2010 Annual Rate

-0.08%

0.56%

0.57%

2010-2015 Annual Rate

0.00%

0.21%

0.24%

2015-2020 Annual Rate

0.42%

0.62%

0.64%

2.86

3.66

3.59

2015 Average Household Size

The household count in this area has changed from 47,151 in 2010 to 47,739 in the current year, a change of 0.24% annually. The fiveyear projection of households is 49,291, a change of 0.64% annually from the current year total. Average household size is currently 3.59, compared to 3.57 in the year 2010. The number of families in the current year is 37,111 in the specified area.

SRS Real Estate Partners | 1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135 | [email protected] Note: Income is expressed in current dollars The Data information contained herein was obtained from sources deemed to be reliable. SRS Real Estate Partners makes no guarantees, warranties, or representations as to Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography. the completeness or accuracy thereof.

SALINAS, CA

STAR SHOPPING CENTER DEMOGRAPHICS 2 miles

5 miles

7 miles

Median Household Income 2015 Median Household Income 2020 Median Household Income

$48,349 $54,613

$53,501 $60,672

$53,931 $61,297

2.47%

2.55%

2.59%

$66,434 $75,499

$70,644 $79,375

$71,451 $80,291

2015-2020 Annual Rate Per Capita Income

2.59%

2.36%

2.36%

2015 Per Capita Income 2020 Per Capita Income

$23,215 $26,307

$19,340 $21,664

$19,897 $22,301

2015-2020 Annual Rate

2.53%

2.30%

2.31%

2015-2020 Annual Rate Average Household Income 2015 Average Household Income 2020 Average Household Income

Households by Income Current median household income is $53,931 in the area, compared to $53,217 for all U.S. households. Median household income is projected to be $61,297 in five years, compared to $60,683 for all U.S. households Current average household income is $71,451 in this area, compared to $74,699 for all U.S. households. Average household income is projected to be $80,291 in five years, compared to $84,910 for all U.S. households Current per capita income is $19,897 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to be $22,301 in five years, compared to $32,501 for all U.S. households Housing 2000 Total Housing Units 2000 Owner Occupied Housing Units 2000 Renter Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units

12,119 5,396 6,364 359 12,334

41,692 21,136 19,149 1,407 44,913

46,883 23,096 21,466 2,321 49,823

2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units

4,797 6,873

20,079 22,520

22,088 25,063

2010 Vacant Housing Units 2015 Total Housing Units 2015 Owner Occupied Housing Units 2015 Renter Occupied Housing Units 2015 Vacant Housing Units 2020 Total Housing Units

664 12,474 4,576 7,091 807 12,717

2,314 45,848 19,530 23,535 2,783 47,209

2,672 50,936 21,550 26,189 3,197 52,445

2020 Owner Occupied Housing Units 2020 Renter Occupied Housing Units 2020 Vacant Housing Units

4,662 7,255 800

19,969 24,444 2,796

22,075 27,216 3,154

Currently, 42.3% of the 50,936 housing units in the area are owner occupied; 51.4%, renter occupied; and 6.3% are vacant. Currently, in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there were 49,823 housing units in the area - 44.3% owner occupied, 50.3% renter occupied, and 5.4% vacant. The annual rate of change in housing units since 2010 is 0.99%. Median home value in the area is $305,526, compared to a median home value of $200,006 for the U.S. In five years, median value is projected to change by 1.49% annually to $329,048.

SRS Real Estate Partners | 1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135 | [email protected] Data Note: Income is expressed in current dollars

The Source: information hereinCensus was obtained from sources to be reliable. Real Estate PartnersCensus makes2000 no guarantees, warranties, or representations as to U.S.contained Census Bureau, 2010 Summary File 1.deemed Esri forecasts for 2015 SRS and 2020. Esri converted data into 2010 geography. the completeness or accuracy thereof.

SALINAS, CA

STAR SHOPPING CENTER DEMOGRAPHICS Data for all businesses in area Total Businesses: Total Employees: Total Residential Population: Employee/Residential Population Ratio:

by SIC Codes

2 miles 2,915 34,804 34,132 1.02:1

5 miles 5,279 62,795 160,011 0.39:1 Employees Number Percent 754 2.2% 1,467 4.2% 2,198 6.3% 1,002 2.9% 479 1.4% 333 1.0% 5,190 14.9%

Number 59 144 94 87 39 10 186

Percent 2.0% 4.9% 3.2% 3.0% 1.3% 0.3% 6.4%

Retail Trade Summary Home Improvement General Merchandise Stores Food Stores Auto Dealers, Gas Stations, Auto Aftermarket Apparel & Accessory Stores Furniture & Home Furnishings Eating & Drinking Places Miscellaneous Retail

572 43 9 87 88 48 64 117 116

19.6% 1.5% 0.3% 3.0% 3.0% 1.6% 2.2% 4.0% 4.0%

3,845 365 39 703 592 116 259 1,178 593

Finance, Insurance, Real Estate Summary Banks, Savings & Lending Institutions Securities Brokers Insurance Carriers & Agents Real Estate, Holding, Other Investment Offices

342 105 20 106 111

11.7% 3.6% 0.7% 3.6% 3.8%

1,170 22 151 48 200 89 40 619

Agriculture & Mining Construction Manufacturing Transportation Communication Utility Wholesale Trade

Services Summary Hotels & Lodging Automotive Services Motion Pictures & Amusements Health Services Legal Services Education Institutions & Libraries Other Services Government Unclassified Establishments Totals

7 miles 5,534 66,211 174,064 0.38:1 Employees Number Percent 1,622 2.6% 2,130 3.4% 2,755 4.4% 1,830 2.9% 1,234 2.0% 439 0.7% 7,438 11.8%

Number 113 273 135 148 77 18 277

Percent 2.1% 5.2% 2.6% 2.8% 1.5% 0.3% 5.2%

11.0% 1.0% 0.1% 2.0% 1.7% 0.3% 0.7% 3.4% 1.7%

1,220 65 33 198 153 127 108 287 249

23.1% 1.2% 0.6% 3.8% 2.9% 2.4% 2.0% 5.4% 4.7%

13,493 873 2,143 1,855 1,685 884 603 3,895 1,554

1,891 558 80 552 701

5.4% 1.6% 0.2% 1.6% 2.0%

669 225 35 171 239

12.7% 4.3% 0.7% 3.2% 4.5%

40.1% 0.8% 5.2% 1.6% 6.9% 3.1% 1.4% 21.2%

13,086 118 559 370 4,589 416 2,199 4,835

37.6% 0.3% 1.6% 1.1% 13.2% 1.2% 6.3% 13.9%

2,012 40 209 111 298 113 95 1,145

140

4.8%

4,418

12.7%

73

2.5%

142

2,915

100.0%

34,804

Employees Number Percent 1,980 3.0% 2,288 3.5% 2,897 4.4% 1,932 2.9% 1,249 1.9% 444 0.7% 7,773 11.7%

Number 133 304 143 161 79 19 297

Percent 2.4% 5.5% 2.6% 2.9% 1.4% 0.3% 5.4%

21.5% 1.4% 3.4% 3.0% 2.7% 1.4% 1.0% 6.2% 2.5%

1,257 70 33 205 157 130 113 292 258

22.7% 1.3% 0.6% 3.7% 2.8% 2.3% 2.0% 5.3% 4.7%

13,932 941 2,170 1,981 1,733 904 618 3,953 1,631

21.0% 1.4% 3.3% 3.0% 2.6% 1.4% 0.9% 6.0% 2.5%

3,102 780 126 804 1,393

4.9% 1.2% 0.2% 1.3% 2.2%

687 228 35 174 251

12.4% 4.1% 0.6% 3.1% 4.5%

3,189 782 128 811 1,467

4.8% 1.2% 0.2% 1.2% 2.2%

38.1% 0.8% 4.0% 2.1% 5.6% 2.1% 1.8% 21.7%

21,838 308 912 929 6,758 580 4,523 7,827

34.8% 0.5% 1.5% 1.5% 10.8% 0.9% 7.2% 12.5%

2,102 41 216 120 301 113 105 1,206

38.0% 0.7% 3.9% 2.2% 5.4% 2.0% 1.9% 21.8%

23,326 315 944 1,079 6,786 580 4,803 8,820

35.2% 0.5% 1.4% 1.6% 10.2% 0.9% 7.3% 13.3%

208

3.9%

6,653

10.6%

214

3.9%

6,921

10.5%

0.4%

129

2.4%

261

0.4%

137

2.5%

281

0.4%

100.0%

5,279

100.0%

62,795

100.0%

5,534

100.0%

66,211

100.0%

Source: Copyright 2015 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2015.

SRS Real Estate Partners | 1871 The Alameda, Suite 250 | San Jose, CA 95126 | 408.553.6135 | [email protected] The information contained herein was obtained from sources deemed to be reliable. SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof.