ground lease or building lease freestanding restaurant

5
www.ngcip.com | Broker # 01910787 T (209) 477-4400 | F (209) 476-7344 Xavier Santana | President (925) 226-2455 [email protected] License #01317296 FREESTANDING RESTAURANT 2702 West March Lane Stockton, California Chris Santana | Vice President (925) 203-1106 [email protected] License #01868378 GROUND LEASE or BUILDING LEASE Tyler Ring | Associate (925) 205-1105 [email protected] License #01973380

Upload: others

Post on 28-Jun-2022

9 views

Category:

Documents


1 download

TRANSCRIPT

Page 1: GROUND LEASE or BUILDING LEASE FREESTANDING RESTAURANT

www.ngcip.com | Broker # 01910787

T (209) 477-4400 | F (209) 476-7344

Xavier Santana | President(925) 226-2455

[email protected] #01317296FREESTANDING RESTAURANT

2702 West March LaneStockton, California

Chris Santana | Vice President(925) 203-1106

[email protected] #01868378

GROUND LEASE or BUILDING LEASE Tyler Ring | Associate(925) 205-1105

[email protected] #01973380

Page 2: GROUND LEASE or BUILDING LEASE FREESTANDING RESTAURANT

West March Lane ± 41,000 ADT

PROPERTY SUMMARY2702 West March Lane Stockton, California

FREESTANDING RESTAURANT

GROUND LEASE RATE: Contact Broker

BUILDING LEASE RATE: Contact Broker

AVAILABLE SPACE: ± 7,400 Sq Ft

PARCEL SIZE: ± 1.59 Acres (± 69,260 Sq Ft)

PARKING: ± 110 stalls

TRAFFIC COUNTS: Sisk Road @ Sullivan Court:

Highway 99 @ Sisk Road:

± 18,000 ADT

± 108,000 ADT

• Existing standalone restaurant

• Exceptionally located on Stockton’s premier retail corridor of West

March Lane and Interstate 5

• Highly visible from Interstate 5 with pylon signage

• Area co-tenants include: CVS, Home Depot, S-Mart, OfficeMax,

Chase Bank, Starbucks, Olive Garden, Krispy Kreme, Round Table Pizza, The Habit, and more

PROPERTY HIGHLIGHTS:

| PG 2

Page 3: GROUND LEASE or BUILDING LEASE FREESTANDING RESTAURANT

BrooksideResidential Community

Stockton, California

MARKET AERIAL

| PG 3

Page 4: GROUND LEASE or BUILDING LEASE FREESTANDING RESTAURANT

Stockton, California

MARKET AERIAL

| PG 4

Page 5: GROUND LEASE or BUILDING LEASE FREESTANDING RESTAURANT

1 mi Radius

3 mi Radius

5 mi Radius

POPULATION

2016 Estimated Population 15,536 115,919 269,621

2021 Projected Population 16,674 124,159 289,248

2010 Census Population 15,228 110,400 255,977

Projected Annual Growth 2016 to 2021 1.5% 1.4% 1.5%

Historical Annual Growth 2000 to 2016 0.7% 0.3% 0.9%

HOUSEHOLDS

2016 Estimated Households 6,108 43,487 88,708

2021 Projected Households 6,410 45,585 93,086

2010 Census Households 5,964 41,325 83,894

Projected Annual Growth 2016 to 2021 1.0% 1.0% 1.0%

RACE AND ETHNICITY

2016 Estimated White 52.6% 49.5% 39.3%

2016 Estimated Black or African American 9.6% 10.8% 11.3%

2016 Estimated Asian or Pacific Islander 19.7% 15.6% 22.1%

2016 Estimated American Indian or Native

Alaskan1.0% 1.2% 1.1%

2016 Estimated Other Races 17.1% 22.9% 26.2%

2016 Estimated Hispanic 27.2% 34.9% 39.5%

INCOME

2016 Estimated Average Household Income $98,362 $68,697 $64,356

2016 Estimated Median Household Income $75,313 $52,857 $51,146

2016 Estimated Per Capita Income $38,733 $25,939 $21,345

BUSINESS

2016 Estimated Total Businesses 954 4,608 9,051

2016 Estimated Total Employees 9,067 39,181 90,569

RADIUS MAP

© 2016 Northgate Commercial Real Estate. We obtained the information above from sources webelieve to be reliable. However, we have not verified its accuracy and make no guarantee, warranty orrepresentation about it. It is submitted subject to the possibility of errors, omissions, change of price,rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent currentor future performance of the property. You and your tax and legal advisors should conduct your owninvestigation of the property and transaction.

DEMOGRAPHICS2702 West March Lane Stockton, California

FREESTANDING RESTAURANT

| PG 5