8626 8642 8644 arrow route | rancho cucamonga, ca · the city's proximity to major...

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8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA GREAT DEVELOPMENT OPPORTUNITY FOR MINIMUM 12 SINGLE FAMILY RESIDENTIAL LOTS ON THESE 3 CONTIGUOUS LOTS TOTALLY APPROX. 1.23 ACRE

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Page 1: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

GREAT DEVELOPMENT OPPORTUNITY FOR MINIMUM 12 SINGLE FAMILY RESIDENTIAL LOTS ON THESE 3 CONTIGUOUS LOTS TOTALLY APPROX. 1.23 ACRE

Page 2: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or

warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability,

financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or

information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active

conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence

for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through

appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and

reports and consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any

financial data or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents

and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual

and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the

party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer

or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with

appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW Commercial in compliance with all applicable

fair housing and equal opportunity laws.

JOHNNY WONG, Executive Vice President626.625.2990 [email protected] DRE #01244457

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 2

Page 3: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 3

Page 4: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

ADDRESS 8626 Arrow Route

APN 0207-201-24

PROPERTY TYPE Vacant Land

LOT SF 16,800

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 4

ADDRESS 8642 Arrow Route

APN 0207-201-10

PROPERTY TYPE Vacant Land

LOT SF 18,480

ADDRESS 8644 Arrow Route

APN 0207-201-11

PROPERTY TYPE Vacant Land

LOT SF 18,480

COMBINED LOT SIZE 1.23 AC

Page 5: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 5

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Page 6: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 6

Page 7: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 7

Page 8: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 8

SITE

SITE STREET VIEW

Page 9: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 9

NEARBY PROPERTIES

STREET VIEW NEARBY PROPERTIES

Page 10: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 10

▪ SALE PRICE: SUBJECT TO OFFER

▪ Great development opportunity for minimum 12 Single Family Residential lots on these 3 contiguous lots totally approx. 1.23 acre.

▪ SALE CONDITIONS: Redevelopment Project

▪ PARCEL NUMBERS; 0207-201-10, 0207-201-11, 0207-201-24

Page 11: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 11

Page 12: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 12

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGACrowned by its majestic mountains and highlighted by

scenic views, tree-lined neighborhoods, and a

comfortable climate, Rancho Cucamonga is one of

Southern California’smost prestigious communities.

Rancho Cucamonga is a city of about 177,000 residents

located just south of the foothills of the San Gabriel

Mountains and Angeles National Forest in San

Bernardino County, California, United States. About 37

miles (60 km) east of Downtown Los Angeles, Rancho

Cucamonga is the 19th most populous city in southern

California and the 27th state-wide. The city's seal, which

centers on a cluster of grapes, alludes to the city's

agricultural history including wine-making.

The city's proximity to major transportation hubs,

airports, and highways has attracted the business of

several large corporations, including Coca-Cola, Frito-

Lay, Big Lots, Mercury Insurance Group, Southern

California Edison, and Amphastar Pharmaceuticals.

The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations, including Coca-Cola, Frito-Lay, Big Lots, Mercury Insurance Group, Southern California Edison, and Amphastar Pharmaceuticals.

Page 13: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

In 2006, Money magazine ranked the city 42nd on its "Best Places to Live"

list. Business Insider magazine ranked Haven View Estates, one of the city's

many gated communities, 13th on its list of "The 27 Richest Neighborhoods

in Southern California", just behind the Los Angeles neighborhood of Bel Air,

which ranked 12th.

While most of the city's land area is devoted to residential areas, Rancho

Cucamonga, like its neighbors Ontario and Fontana, is a major center for the

logistics industry in Southern California. This is due to its proximity to two

interstate highways and Ontario International Airport, and the space

afforded by the large tracts of former agricultural land in the southern

section of the city.

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 13

In the area around Milliken Avenue, between Archibald and Etiwanda

Avenues, Foothill Boulevard, and Fourth Street, about seven square miles of

land are primarily occupied by numerous massive distribution centers, and

even more, smaller manufacturing companies. This area is ringed by office

parks, mostly along Haven Avenue, and shopping strips, such as the Terra

Vista Town Center (part of a nearly two-square-mile master-planned

community in the center of the city), and malls, such as Victoria Gardens,

and the Ontario Mills, across Fourth Street in Ontario.

The city is also home to a CMC Steel (Formerly Gerdau, Formerly TAMCO

Steel) minimill, the only producer of long steel in California. This mill

recycles ferrous scrap, such as junked cars and appliances, to produce

rebar.

The city hosts LoanMart Field, (formerly known as The Epicenter), a minor-

league baseball stadium, home of the Rancho Cucamonga Quakes. The

Quakes' mascot, Tremor, is a "Rallysaurus."

Page 14: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

TOP EMPLOYERS

1 Inland Empire Health Plan 2,315

2 Etiwanda School District 2,293

3 Chaffey Community College 2,111

4 Alta Loma School District 1,095

5 City of Rancho Cucamonga 865

6 Amphastar Pharmaceutical 643

7 Mercury Insurance Company 632

8 Macy's 615

9 Central School District 605

10 Big Lots Distribution Center 600

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 14

COMPANIES HEADQUARTERED IN RANCHO CUCAMONGA

Page 15: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 15

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

POPULATION171,058

HOUSEHOLD INCOME OVER $100K35.8%

FREEWAYSI-10, I-15, I-210

HOUSING UNITS57,443

NEW HOME MEDIAN PRICE$560,538

AVERAGE HOUSEHOLD INCOME$88,474

ASSESSED VALUATION$19.5 Billion

RAILMetrolink

AIRPORTSLA Ontario, LAX

Page 16: 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA · The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations,

PREPARED BY

JOHNNY WONG, Executive Vice President626.625.2990 [email protected] DRE #01244457

8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA

GREAT DEVELOPMENT OPPORTUNITY FOR MINIMUM 12 SINGLE FAMILY RESIDENTIAL LOTS ON THESE 3 CONTIGUOUS LOTS TOTALLY APPROX. 1.23 ACRE