for sale $1,440,000 - loopnet...for sale $1,440,000 lenwood area near proposed casino/hotels one of...

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FOR SALE $1,440,000 One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJECTS IN PROCESS TWO INDIAN TRIBES ARE AWAITING A RESPONSE TO THEIR APPLICATIONS TO BUILD CASINO HOTELS, EITHER OF WHICH WOULD DRAMATICALLY CHANGE THE LAND- SCAPE OF BARSTOW AND GENERATE A LARGE DEMAND FOR HOUSING, MORE RETAIL/RESTAURANTS/HOTELS AND SUPPORTING USES. THE OUTLETS AT BARSTOWADDING 40-60,000 S.F. 800,000 S.F. SPANISH TRAILS MIXED USE PROJECT AT LSTREET IN PLANNING Rev. 09/20/16 ADDITIONAL 160 ACRES ALSO AVAILABLE Ideally located between Interstate 15 and Highway 247 with future plans to build roads connecng the two DISCLAIMER: This informaon has been obtained from sources believed to be reliable. It is not verified and we make no guarantee, warranty or representaon about any poron of it. Any opinions or assupons are used for example only and do not represent the current or future performance of the property. You and your advisors should consult a careful, independent invesgaon of the property and consult with your profession- als to determine to your sasfacon as to its suitability for your needs.

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Page 1: FOR SALE $1,440,000 - LoopNet...FOR SALE $1,440,000 Lenwood Area Near Proposed Casino/hotels One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJE

FOR SALE

$1,440,000

Lenwood Area Near Proposed Casino/hotels

One of the largest individually owned parcels in the area Barstow, CA

VERY LARGE AREA PROJECTS IN PROCESS

TWO INDIAN TRIBES ARE AWAITING A RESPONSE TO THEIR APPLICATIONS TO BUILD CASINO HOTELS, EITHER OF WHICH WOULD DRAMATICALLY CHANGE THE LAND-SCAPE OF BARSTOW AND GENERATE A LARGE DEMAND FOR HOUSING, MORE RETAIL/RESTAURANTS/HOTELS AND SUPPORTING USES.

“THE OUTLETS AT BARSTOW” ADDING 40-60,000 S.F. 800,000 S.F. SPANISH TRAILS MIXED USE PROJECT AT “L”

STREET IN PLANNING Rev. 09/20/16

ADDITIONAL 160 ACRES ALSO AVAILABLE

Ideally located between Interstate 15 and Highway 247 with future plans to build roads connecting the two

DISCLAIMER: This information has been obtained from sources believed to be reliable. It is not verified and we make no guarantee, warranty or representation about any portion of it. Any opinions or assuptions are used for example only and do not represent the current or future performance of the property. You and your advisors should consult a careful, independent investigation of the property and consult with your profession-als to determine to your satisfaction as to its suitability for your needs.

Page 2: FOR SALE $1,440,000 - LoopNet...FOR SALE $1,440,000 Lenwood Area Near Proposed Casino/hotels One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJE
Page 3: FOR SALE $1,440,000 - LoopNet...FOR SALE $1,440,000 Lenwood Area Near Proposed Casino/hotels One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJE

DETAIL THE HIGHLY SUCCESSFUL BARSTOW

OUTLET MALL AREA

HIGHLIGHTS OF THIS INTERCHANGE

“Outlets at Barstow” discount mall and was the #1 outlet mall in its chain in

2015 Very high annual taxable sales from all retail in this area 5-7% annual increase in annual taxable sales during the steep economic

downturn Some of the chain restaurants’ highest producing stores are located at this

intersection with several, including In ‘n Out Burger and Del Taco reportedly in the top five stores of their chains. Most are in the top 3-5%.

Hotel occupancy over 84% Outlet mall that will add 40-60,000 s.f. would add jobs/housing demand Casino projects would attract many more tourists to the area and add over

1000 new jobs each Two hotels will begin construction winter 2016 New Asian Food Court opened July 2016 Over 20,000 cars per day exit at Lenwood Road. Major tour bus stop All parcels are either fully improved with utilities, sewer, streets, curbs and

gutters or utilities and sewers are to the property lines Pilot Truck Stop is in the top five in its chain Rev. 09/20/16

Page 4: FOR SALE $1,440,000 - LoopNet...FOR SALE $1,440,000 Lenwood Area Near Proposed Casino/hotels One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJE

# ROOMS

Ayres Hotel* 92

Days Inn 107

Holiday Inn Express 110

Hampton Inn and Suites 110

Comfort Suites 85

TOTAL 504

* Former Country Inn and Suites purchased by Ayres Hotels in 2016

Two hotels will begin construction winter 2016

Rev. 09/20/16

Page 5: FOR SALE $1,440,000 - LoopNet...FOR SALE $1,440,000 Lenwood Area Near Proposed Casino/hotels One of the largest individually owned parcels in the area Barstow, CA VERY LARGE AREA PROJE

26 EXISTING, HIGHLY SUCCESSFUL RESTAURANTS*

Arby’s **Asian Food Court Burger King

Carl’s Jr. Chester’s Chicken Chili’s

Chipotle Denny’s Del Taco

El Pollo Loco Fatburger Godfather’s Pizza

iHop In ‘n Out Burger Love’s Subs

McDonald’s Original Tommy’s **Oggie’s

Panda Express Panera Bread Starbuck’s (3)

Subway (3)

* Most are in the top 3% of their chains ** New in 2016

Rev. 9/1/16