land owned by wal-martproperty overview. location. 1780 e. main st woodland, ca 95776. apn....

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E MAIN STREET Land Owned by Wal-Mart Aucon Property ID- B185-112 FOR SALE APPLE VILLAGE WOODLAND, CA Mark Denholm 916. 274. 4404 [email protected] CA BRE #01437366 Jon Gianulias 916. 274. 4422 [email protected] CA BRE #01227233 Exclusively Listed by:

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Page 1: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

E MAIN STREET

Land Ownedby

Wal-Mart

AuctionProperty ID- B185-112

FOR SALEAPPLE VILLAGEWOODLAND, CA

Mark Denholm916. 274. [email protected] BRE #01437366

Jon Gianulias916. 274. [email protected] BRE #01227233

Exclusively Listed by:

Page 2: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

PROPERTY OVERVIEWLocation 1780 E. Main St

Woodland, CA 95776

APN 027-860-007

Occupancy 18%

Leasable Building Area ±11,126 SF

Land Area ±0.96 acres

Year Built 2003

OFFERING HIGHLIGHTS• Regional draw with great exposure

• Wal Mart and Home Depot shadow anchored

• Easy Freeway access

• 29,000 VPD on E. Main St

• Significant Value Add opportunity

AUCTIONMarketing Period June 7th through July 27th

Due Diligence Period June 7th through July 27th

Live Online Bidding July 25th through July 27th

BIDDING AT AUCTION.COMJuly 25 - 27, 2016*

www.ten-x.com

Page 3: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

PROFORMA INCOME & EXPENSE

INCOME CAPITALIZATION

Valuation  Summary    1/15-­‐12/15 In-­‐Place Stabilized

Min.  Rent,  Leased 2,025  SF 43,107 35,232 1

Min.  Rent,  Vacancies 9,101  SF 136,515 2

NNN,  Leased 11,795 15,795 3

NNN,  Vacancies 70,988

Total  Gross  Income $54,902 $258,530

Vacancy  Allowance 10% 10% -­‐25,853

Effective  Gross  Income $54,902 $232,677

Expenses

Common  Area  Charges 26,114 26,114 4

Property  Taxes 11,550 11,550 5

Insurance 5,007 5,007 6

Management  Fee 3.0% 1,293 3.0% 5,152 7

Total  Expenses -­‐43,964 -­‐47,823

Net  Operating  Income $10,938 $184,853

Footnotes

1 18%  leased,  expires  1/2017

2 Assumes  $15  NNN  for  vacancies3 Assumes  all  leases  NNN  including  management  fees4 estimated  from  past  actuals  plus  inflation5 Reassessed  on  transfer  at  1.05%6 Estimated  at  $0.35/sf/yr7 3%  of  base  rent  is  appx  equal  to  current  Mgmt,  office  costs,  fees  and  administrative  costs

Stabilized

35,232 1

136,515 2

15,795 3

70,988

$258,530

10% -­‐25,853

$232,677

26,114 4

11,550 5

5,007 6

3.0% 5,152 7

-­‐47,823

$184,853

Stabalized Income and Expense

Min.  Rent,  Leased 2,025  SF

Min.  Rent,  Vacancies 9,101  SF

NNN,  Leased

NNN,  Vacancies

Total  Gross  Income

Vacancy  Allowance 10%

Effective  Gross  Income

Expenses

Common  Area  ChargesProperty  TaxesInsuranceManagement  Fee 3.0%

Total  Expenses

Net  Operating  Income

Page 4: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

SITE PLAN

FORMER CREDIT UNIONSuite 6- 3,549 SF

FORMER ELITE WIRELESS Suite 5- 1,750 SF

FORMER RESTAURANT Suite 2 - 1,250 SF

FORMER RESTAURANT Suite 3 - 1,300 SF

FORMER RETAILSuite 4 - 1,252 SF

East Main Street | 29,000 CPD

2,025 SF

Expires 01/2017

Page 5: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

RENT ROLL

MarketSuite Tenant Sq Ft (±) Share Start End Annual Monthly $/SF Rent Comments

01 GameStop 2,025 18.2% Sep-­‐03 Jan-­‐17 $35,235 $2,936 $1.45 $1.50 Rent  Reduced  from  $5,062  ($2.50)

                     

Leased  GLA 2,025 18.2%      02 AVAILABLE  (Former  Restaurant) 1,250 11.2% $1.2503 AVAILABLE  (Former  Restaurant) 1,300 11.7% $1.2504 AVAILABLE  (Former  Retail) 1,252 11.3% $1.2505 AVAILABLE  (Former  Elite  Wireless) 1,750 15.7%           $1.25  06 AVAILABLE  (former  Travis  CU) 3,549 31.9% $1.25

Subtotal  -­‐  AVAILABLE 9,101 81.8%

TOTAL  OFFERING 11,126

Rent - In Place

Page 6: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

East Main Street | 29,000 CPD

Land Ownedby

Wal-Mart

HWY 5 | 41,000 CPD

RETAIL AERIAL

Page 7: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

PARCEL MAP

Page 8: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

About WoodlandWoodland is the county seat of Yolo County, located in California’s Central Valley. Woodland is located 20 miles northwest of Sacramento at the intersection of Interstate 5 and State Route 113. To the south is the City of Davis, with its University of California campus. The Sacramento International Airport is eight miles to the east. Waterways include the Yolo Bypass and Sacramento River to the east, Willow Slough to the southeast, and Cache Creek to the north.

Woodland has a strong historic heritage, which is refl ected in an impressive stock of historic buildings in its downtown area and surrounding neighborhoods. Woodland’s agricultural setting is largely responsible for the community’s distinct identity and plays and important economic role in Woodland. Due to its proximity to major transportation nodes, Woodland has also become increasingly important as a manufacturing and distribution center.

Spring Lake DevelopmentSpring Lake includes the current development of 1,097 acres located primarily south of Gibson Road and east of SR 113, immediately south of the City limits. When completed, the development will comprise approximately 4,037 dwelling units on±665 acres, 11 acres of neighborhood commercial uses, over 280 acres of public and quasi public and uses, about 34 acres of park land, and over 100 acres of major streets and roads. Overall residential density will equate to about 6.1 units per acre. The Plan will result in build-out of about 11,270 people.

Woodland GatewayWoodland Gateway is a 55 acre retail center, including 525,000 square feet of shopping space, in east Woodland at County Road 102 and Interstate 5 by Petrovich Development Co. This site includes Costco, Target, Best Buy, Old Navy, Famous Footwear, Michael’s Arts and Crafts,, Pet Extreme, In-N-Out Burger, and others.

WOODLAND, CALIFORNIA

SUBJECT

To Learn More About Woodland’s Local Business click here

To Learn More About Woodland’s Economy click here

Page 9: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

COMPETITIVE PROPERTIES SURVEY

W o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n dW o o d l a n d

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WEST COURT PLAZA Big Lots

SHADE TREE PLAZA Rite Aid (dark),McMahon's (dark)

WESTGATE CENTER Raley's, JoAnn Fabrics

True Value Hardware

COUNTY FAIR MALL JCPenney, BurlingtonCoat Factory

SYCAMORE POINTEFood 4 Less, Big 5

Dollar Tree

Nugget Market

WOODLAND CROSSROADS OSH, Grocery Outlet, O�ce Depot,Ross, Tractor Supply Co.

WOODLAND GATEWAY Costco, Michaels, Best Buy, Target

YOLO POLO PLAZAWal-Mart, Staples

Home Depot

Walgreens

WOODLAND PLAZA Marshalls, CVS Pharmacy

GIBSON PLAZABel Air

MilesMilesMilesMilesMilesMilesMilesMilesMiles

KMKMKMKMKMKMKMKMKM

1/21/21/21/21/21/21/21/21/2

1/21/21/21/21/21/21/21/21/2

WOODLAND, CALIFORNIAMajor Retailers

Rite Aid

Please email [email protected] or fax 916. 274. 4409 any edits to Jon Gianulias

Goodwill

Page 10: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

©2016, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography

2016 Estimated Population 10,571 47,816 59,587

2021 Projected Population 10,847 49,261 61,409

2010 Census Population 10,043 45,510 56,853

2000 Census Population 6,074 39,343 50,640

Projected Annual Growth 2016 to 2021 0.5% 0.6% 0.6%

Historical Annual Growth 2000 to 2016 4.6% 1.3% 1.1%

2016 Median Age 31.5 34 34.8

2016 Estimated Households 3,249 16,228 20,708

2021 Projected Households 3,426 17,210 21,966

2010 Census Households 3,003 14,995 19,196

2000 Census Households 1,888 12,981 17,145

Projected Annual Growth 2016 to 2021 1.1% 1.2% 1.2%

Historical Annual Growth 2000 to 2016 4.5% 1.6% 1.3%

2016 Estimated White 56.7% 60.6% 61.8%

2016 Estimated Black or African American 1.9% 1.8% 1.7%

2016 Estimated Asian or Pacific Islander 13.2% 7.6% 7.1%

2016 Estimated American Indian or Native Alaskan 1.1% 1.2% 1.3%

2016 Estimated Other Races 27.1% 28.7% 28.2%

2016 Estimated Hispanic 48.5% 49.8% 48.2%

2016 Estimated Average Household Income $86,010 $71,845 $75,692

2016 Estimated Median Household Income $77,474 $60,224 $62,593

2016 Estimated Per Capita Income $26,437 $24,582 $26,473

2016 Estimated Elementary (Grade Level 0 to 8) 10.2% 11.3% 10.8%

2016 Estimated Some High School (Grade Level 9 to 11) 7.6% 9.9% 9.3%

2016 Estimated High School Graduate 16.0% 23.7% 24.2%

2016 Estimated Some College 24.0% 21.8% 22.2%

2016 Estimated Associates Degree Only 6.8% 7.7% 8.7%

2016 Estimated Bachelors Degree Only 21.3% 15.2% 14.7%

2016 Estimated Graduate Degree 14.0% 10.4% 10.1%

2016 Estimated Total Businesses 204 1,848 2,396

2016 Estimated Total Employees 2,348 20,547 27,953

2016 Estimated Employee Population per Business 11.5 11.1 11.7

2016 Estimated Residential Population per Business 51.8 25.9 24.9

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1780 E Main St1 mi radius 3 mi radius 5 mi radius

Woodland, CA 95776

DEMOGRAPHICS APPLE VILLAGEWOODLAND, CA

Page 11: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

PROPERTY PHOTOS

Page 12: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

INTERIOR PHOTOS

Page 13: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

ADJACENT PROPERTY PHOTOS

Page 14: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

Jon Gianulias916. 274. [email protected]

Mark Denholm916. 274. [email protected]

APPLE VILLAGEWOODLAND, CA

3 PROOF OF FUNDS, ENTITY DOCUMENTATION, AND BIDDING Details onAuction.com’squalifyingprocess forproofof funds and certificationofpurchaseentity are available

online.Bidsareplacedviatheproperty’slistingpageafteryou’veregisteredforthisauction.

4 CLOSING WinningBiddersarecontactedviaphoneandemailfollowingtheauction,andmustbeavailableviaphonewithin2

hoursofthesaletoreceiveinstructionsonthepurchaseagreementandclosingdocuments.

This property is available for sale at

Bids will be accepted July 25 - 27th 2016.Property ID- B185-112

Property Website: www.ten-x.com

1 REGISTER Go to auction.com to create an account (or log in to your existing account) and register for this auction through this

property’s listing page.

2 DUE DILIGENCE, FINANCING, AND DEPOSIT Due diligence documents are available for review now, and buyers must complete their review of documents prior

to purchase. The winner’s purchase agreement contains no inspection or review contingency, and close of escrow is approximately 24 hours after acceptance of the winning bid. Auction.com does not provide or facilitate financing, and all purchases must be funded in cash. If you intend to bid, Auction.com will require a bidder deposit, applicable to purchase price and fully refundable to non-winning bidders. See Auction.com for details.

BIDDING PROCESS

Page 15: Land Owned by Wal-MartPROPERTY OVERVIEW. Location. 1780 E. Main St Woodland, CA 95776. APN. 027-860-007 Occupancy. 18% Leasable Building Area ±11,126 SF Land Area ±0.96 acres Year

COPYRIGHT © 2016. ALL RIGHTS RESERVED. CORE Commercial (“Agent”), CA DRE Lic. 01904661, has presented this brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Prospective purchasers and tenants should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. The Property is being offered on an “as-is, where-is” and “with all faults” basis unless otherwise specified. Owner reserves the right to withdraw this offering at any time, without further notice, with or without cause.

Apple Village Shopping CenterWoodland, California