A MIXED USE MULTI PHASE DEVELOPMENT€¦ · 243,723 POP 100 MILES 1,913,745 POP 80 15. SUPPORTING...

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CUSHMAN & WAKEFIELD | COMMERCE 398 SOUTH 9TH STREET, SUITE 260, BOISE, ID 83702, PH 208.287.9500, FX 208.287.9501 OFFERING MEMORANDUM - PROJECT INFORMATION PACKAGE CORNERSTONE REAL ESTATE PROFESSIONALS HORSE STATION A MIXED USE MULTI PHASE DEVELOPMENT HORSE STATION A MIXED USE MULTI PHASE DEVELOPMENT Idaho Utah

Transcript of A MIXED USE MULTI PHASE DEVELOPMENT€¦ · 243,723 POP 100 MILES 1,913,745 POP 80 15. SUPPORTING...

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CUSHMAN & WAKEFIELD | COMMERCE 398 SOUTH 9TH STREET, SUITE 260, BOISE, ID 83702, PH 208.287.9500, FX 208.287.9501

OFFERING MEMORANDUM - PROJECT INFORMATION PACKAGE

CORNERSTONEREAL ESTATE PROFESSIONALS

HORSE STATIONA MIXED USE MULTI PHASE DEVELOPMENT

HORSE STATIONA MIXED USE MULTI PHASE DEVELOPMENT

Idaho Utah

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HORSE STATIONA MIXED USE MULTI PHASE DEVELOPMENT

HORSE STATION A MIXED USE MULTI PHASE DEVELOPMENT

THE OFFERING & PROJECT DETAILS

Cushman & Wakefield | Commerce is pleased to bring you The Horse Station at Cache Valley, Idaho. This property is located on the Idaho Utah boarder in the City of Franklin, Idaho.

This project consists of Commercial, Retail, Office, Residential / Multifamily, Hospitality and Service Related Components.

OFFERING / PROJECT HIGHLIGHTS

• Located on the Idaho / Utah boarders in Idaho

• Offering comprised of several Commercial, Residential, and Equestrian Area Components, truly a multifaceted development

• Hospitality Component - 75 to 100 + Rooms

• Retail / Service Component - 250,000 SF

• Residential Component - 15 to 30 Acres, Multifamily Component - 75 to 90 Units plus 50 Resort Type Units

• Equestrian Sports Component - Includes Stables, Veterinary and related Services and Structures

• 1 Hour to Pocatello, Idaho - Approximately 76 Miles

• 25 Minutes to Logan Utah - Approximately 19 Miles

• 1 Hour to Ogden, Utah - Approximately 67 Miles

• 25 Mile Demographics - Estimated Population of 123,655, House Holds 39,052, Average House Hold Income $62,683 (2013) CLICK HERE FOR FULL REPORT

CORNERSTONEREAL ESTATE PROFESSIONALS

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PROPERTY SPECIFICATIONS

• Project has Multiple Phases and Design Options CLICK HERE TO VIEW THE MIXED USE BUSINESS GUIDE

• Commercial Real Estate Component to Include: Specialty / Destination Retail, Restaurants, Bank & Financial Institutions, Country Stores, Hardware Store, Specialty Food and Grocers, Service Retail, Gas Station and Convenience Store, Office Users, Agricultural / Farm Equipment, Transportation & Recreation, Home and Garden Center / Nursery, and Health and Wellness Facilities

CLICK HERE TO ENLARGE PLAT

• Local Residential Market is Expanding, 96 Home Development Directly to the North

• CONTACT AGENTS FOR TERMS, SALE PRICES, PAD SIZES AND AVAILABLE SQUARE FOOTAGES, OR TO PARTNER IN THIS MULTI PHASE DEVELOPMENT

HORSE STATION A MIXED USE MULTI PHASE DEVELOPMENT

CORNERSTONEREAL ESTATE PROFESSIONALS

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LOOKING NORTH LOOKING SOUTH WEST LOOKING EAST

LOOKING WEST LOOKING NORTH AT HIGHWAY 91 LOOKING NORTHEAST

LOOKING NORTHWEST LOOKING EASTWARD LOOKING WESTWARD

CORNERSTONEREAL ESTATE PROFESSIONALS

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FREQUENTLY ASKED QUESTIONS

Below are frequently asked questions of the project with bulleted answers. For the full text of this information please go to the link: CLICK HERE

QUESTION: WHY FRANKLIN, IDAHO?

ANSWERS: • Franklin affords an excellent combination of the required land area for a large scale mixed-use project, access, and location directly on the Idaho / Utah border. • The site affords the largest, contiguous commercially zoned parcel in Cache Valley with highway access.• The regulatory environment in Idaho is generally favorable toward development.• Property tax rates and the overall cost of doing business is comparatively low • The project has the support of key public entities such as the city, county and state.

QUESTION: WHY CACHE VALLEY?

ANSWERS: • Cache Valley provides geographic advantages that favor market support for the project, with an area that extends from northeastern Utah into southeastern Idaho. • Population growth has driven a significant amount of home building, retail development, restaurants, entertainment and a wide variety of service businesses over the last 10 years. • The proximity of Utah State University is an important market dynamic, with an enrollment of 25,000 students along with 5,000 faculty and staff. USU has both an Equine Industry program and an Equine Veterinary program which offer great potential synergies for the Horse Station.• The Logan / Cache Airport is located about 15 miles south of the project and has undergone all improvements to accommodate commercial passenger service. • Cache Valley offers a wide array of performing and visual arts facilities and programs, as well as a variety of sports activities including equestrian and outdoor recreation opportunities such as skiing, hunting, fishing and hiking.

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CORNERSTONEREAL ESTATE PROFESSIONALS

25 MILES123,655 POP

50 MILES243,723 POP

100 MILES1,913,745 POP

80

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SUPPORTING DOCUMENTATION

Click on the text below to download and view additional information online

• Interactive Web Site: www.thehorsestation.com

• Frequently Asked Questions

• Mixed-Use Business Guide

• Over All Site Plan

• Retail / Services Component Site Plan

• Hospitality Component Site Plan

• Condominium Component Site Plan

• Equine Component Site Plan

• Plats and Lot Lines

• Traffic Study Report (2.502 Million Cars Per Year on Highway 91)

• 25, 50 & 100 Mile Demographic Report

• Utah State University

• Strategy 5 Company Profile

• America’s Cowboy

• Wyoming Country Outfitters

• USU’s Innovation Campus

• Bear River Heritage Area

• Cache Valley Visitor’s Bureau

• Cache Valley Chamber of Commerce

CHAD HAMILTONLand Specialist (208) 287 [email protected] & Wakefield | Commerce

SARA SHROPSHIRE Retail Specialist (208) 287 [email protected] & Wakefield | Commerce

BRYAN OLIVER Investment / Industrial Specialist (208) 287 [email protected] & Wakefield | Commerce

STEPHANIE GUNN Local Representative (208) 390 8988 [email protected] Cornerstone Real Estate Professionals LLC

©2013, Commerce Real Estate Solutions. Disclaimer: The above information is given with the obligation that all negotiations relating to the purchase, renting, or leasing of the property described above shall be conducted through Commerce Real Estate Solutions. No warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other encumbrances, withdrawal without notice, and to any special listing conditions imposed by the seller. Prospective buyers should conduct their own due diligence. Some aerial photography by DigitalGlobe or Aerials Express.

CORNERSTONEREAL ESTATE PROFESSIONALS

ABOUT SOUTHERN IDAHOCLICK HERE

ABOUT NORTHERN UTAHCLICK HERE

ABOUT LOGAN CANYONCLICK HERE

ABOUT SALT LAKE CITY UTAHCLICK HERE