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men’swearhouse

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Trophy Real Estate8640 N. Dixson Avenue, Kansas City, MO 64153

JOHN [email protected] | (415) 274-2715 CA BRE# 01440360

RICK [email protected] | (415) 274-2709 CA BRE# 01792433

BOB [email protected] | (415) 274-2717 CA BRE# 00869657

For more info on this opportunity please contact:

CHRIS [email protected] | (415) 274-2701CA BRE# 01002010

Actual Photo

In conjunction with KS Licensed Broker: Mike [email protected]

Investment HighlightsCORPORATE LEASED MEN’S WEARHOUSE LOCATED AT THE ENTRANCE TO THE ZONA ROSA SHOPPING CENTER, NORTHERN KANSAS CITY’S DOMINANT SHOPPING DESTINATION

RENTABLE SF . . . . 6,000 SF

PRICE PER SF . . . . $506.62

LAND AREA . . . . . . 0.94 Acres

LEASE TYPE. . . . . . NNN

YEAR BUILT . . . . . . 2005

PRICE: $3,039,692CAP: 6.50%

LOCATION HIGHLIGHTS

Gateway to Zona Rosa, a 970,186 SF lifestyle shopping center with 4 million SF of retail in trade area

A record 10+ million visitors shopped at Zona Rosa and passed by the subject property in 2014

Mall-type retailers at Zona Rosa include: Gap, Sephora, Forever 21, Marshall’s, Old Navy, PacSun, and more

Dominant gateway location: “Class A,” trophy retail estate

TENANT HIGHLIGHTS

$2.47 billion in revenues

$1 billion+ net worth

Recently acquired Jos A. Bank, creating industry-leading pro forma sales of $3.5 billion, cost savings of $100-150 million, and 1,700 stores LEASE HIGHLIGHTS

Corporate lease with 5 years remaining

Tenant responsible for interior non-structural components, including the parking lot, HVAC, and all common area maintenance

Landlord is responsible for roof and structure

Below market rent - only one more 5 year option remaining

Tenant just renewed lease 12/16/2014 Traffic in Front of PropertyMEN’S WEARHOUSE | 2

About Zona Rosa

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Men’s Apparel C30 Aeropostale C31 American Eagle C49 The Buckle D01 Dillard’s C29 Express Men C66 Gap/GapKids/babyGap C62 Hot Topic S23 Men’s Wearhouse C36 Old Navy C61 Pacific Sunwear C58 Spencer’s C38 Tip Top Tux C60 Zumiez Women’s Apparel C01 Altar’d State C30 Aeropostale C31 American Eagle D23 Apricot Lane C49 The Buckle C21 Charlotte Russe D40 Chico’s D39 Cleverly Simple D37 Coldwater Creek C47 dELiA*s D01 Dillard’s C29 Express C52 Forever XXI

C66 Gap/GapKids/babyGap C06 Hot Mama C62 Hot Topic D41 J.Jill D38 La~De~Da C13 Lane Bryant D42 The Limited C64 LOFT C23 New York & Company C36 Old Navy C61 Pacific Sunwear C51 Pink D33 Soma C12 Torrid C63 Victoria’s Secret C59 Wet Seal D36 White House/Black Market C60 Zumiez Children’s Apparel C24 The Children’s Place C57 Crazy 8 C66 Gap/GapKids/babyGap D22 Gymboree C55 Justice & Brothers C36 Old Navy Shoes D32 Clarks Shoes C20 DSW C46 Journeys

Accessories/Jewelry D23 Apricot Lane C41 Cell Fashion D43 Charming Charlie C76 Claire’s C52 Forever XXI C26 Helzberg Diamonds C62 Hot Topic C19 Icing C17 Kay Jewelers D38 La~De~Da C73 Lids C34 Lids Locker Room S04 Michaels C36 Old Navy C58 Spencer’s C05 Swagat Spice Bazaar C65 Time n Style C56 Things Remembered C28 Zales Jewelers *(Many of our apparel retailers also feature a wide variety of jewelry and accessories!) Department Stores C39 Dick’s Sporting Goods D01 Dillard’s C10 Marshalls Homegoods

Optical C42 LensCrafters C72 Sunglass Hut D10 Visionworks Home & Leisure C40 Barnes & Noble C22 Bath & Body Works C32 Gamestop D34 I.O. Metro S04 Michaels D09 Sleep Number C58 Spencer’s S15 Vintage Stock D25 Yankee Candle Health & Beauty C18 Aveda Par Exsalonce D06 Avon C22 Bath & Body Works S09 Brow Threading C48 Christensen Orthodontics S17 Complete Nutrition S25 CVS Pharmacy D01 Dillard’s S06 European Wax Center C54 GNC S02 Ideal Image C75 Lil Pink Bubbles

S05 Massage Envy S08 Nail EnVogue D35 Sephora Service Retailers

S20 AT&T S03 Live Blue C44 Century 21 D29 Citizens Bank & Trust D02 Clarity Auto Glass D21 College Nannies & Tutors D03 Gymboree Play & Music D18 KC Pet Project D07 Quality Alterations C50 Simply Mac C25 Sprint Nextel S18 Staples S10 T-Mobile D16 Zona Yoga Entertainment

C43 Bar Louie C07 Build-A-Bear C02 Fat Fish Blue C03 KC Improv Comedy Club & Dinner Theatre C14 Maze Craze C45 Stone Canyon Pizza

Dining & Specialty Foods

C77 54th Street Grill & Bar S11 Abuelo’s Mexican Food Embassy S12 Addictions Cupcakery C43 Bar Louie C35 Bo Lings C16 Bravo! Cucina Italiana S24 Buffalo Wild Wings C71 Cold Stone Creamery C02 Fat Fish Blue S21 Granite City Food & Brewery C53 Heavenly Olive Oils & Vinegars C68 Hereford House C70 LatteLand S01 Noodles & Company S27 Outback Steakhouse C37 Planet Sub C69 Pretzelmaker C74 Rocky Mountain Chocolate Factory S22 Smokehouse BBQ C45 Stone Canyon Pizza C09 Subway C04 Swagat Fine Indian Cuisine C05 Swagat Spice Bazaar D19 Topsy’s/Cookie Factory Bakery D24 Yogurtini

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KEY FACTS: ZONA ROSA TOWN CENTERKANSAS CITY, MISSOURI

REGIONAL MARKET / SUBMARKET: KANSAS CITY, MISSOURIYEAR BUILT & EXPANDED: 2004, 2008GROSS LEASABLE AREA: 1.3 MILLION SQUARE FEETRETAIL SQUARE FOOTAGE: 970,186 SQUARE FEETOFFICE SQUARE FOOTAGE: 88,208 SQUARE FEET

TENANTS:

MEN’S WEARHOUSE | 3

Zona Rosa Site Map

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Men’s Apparel C30 Aeropostale C31 American Eagle C49 The Buckle D01 Dillard’s C29 Express Men C66 Gap/GapKids/babyGap C62 Hot Topic S23 Men’s Wearhouse C36 Old Navy C61 Pacific Sunwear C58 Spencer’s C38 Tip Top Tux C60 Zumiez Women’s Apparel C01 Altar’d State C30 Aeropostale C31 American Eagle D23 Apricot Lane C49 The Buckle C21 Charlotte Russe D40 Chico’s D39 Cleverly Simple D37 Coldwater Creek C47 dELiA*s D01 Dillard’s C29 Express C52 Forever XXI

C66 Gap/GapKids/babyGap C06 Hot Mama C62 Hot Topic D41 J.Jill D38 La~De~Da C13 Lane Bryant D42 The Limited C64 LOFT C23 New York & Company C36 Old Navy C61 Pacific Sunwear C51 Pink D33 Soma C12 Torrid C63 Victoria’s Secret C59 Wet Seal D36 White House/Black Market C60 Zumiez Children’s Apparel C24 The Children’s Place C57 Crazy 8 C66 Gap/GapKids/babyGap D22 Gymboree C55 Justice & Brothers C36 Old Navy Shoes D32 Clarks Shoes C20 DSW C46 Journeys

Accessories/Jewelry D23 Apricot Lane C41 Cell Fashion D43 Charming Charlie C76 Claire’s C52 Forever XXI C26 Helzberg Diamonds C62 Hot Topic C19 Icing C17 Kay Jewelers D38 La~De~Da C73 Lids C34 Lids Locker Room S04 Michaels C36 Old Navy C58 Spencer’s C05 Swagat Spice Bazaar C65 Time n Style C56 Things Remembered C28 Zales Jewelers *(Many of our apparel retailers also feature a wide variety of jewelry and accessories!) Department Stores C39 Dick’s Sporting Goods D01 Dillard’s C10 Marshalls Homegoods

Optical C42 LensCrafters C72 Sunglass Hut D10 Visionworks Home & Leisure C40 Barnes & Noble C22 Bath & Body Works C32 Gamestop D34 I.O. Metro S04 Michaels D09 Sleep Number C58 Spencer’s S15 Vintage Stock D25 Yankee Candle Health & Beauty C18 Aveda Par Exsalonce D06 Avon C22 Bath & Body Works S09 Brow Threading C48 Christensen Orthodontics S17 Complete Nutrition S25 CVS Pharmacy D01 Dillard’s S06 European Wax Center C54 GNC S02 Ideal Image C75 Lil Pink Bubbles

S05 Massage Envy S08 Nail EnVogue D35 Sephora Service Retailers

S20 AT&T S03 Live Blue C44 Century 21 D29 Citizens Bank & Trust D02 Clarity Auto Glass D21 College Nannies & Tutors D03 Gymboree Play & Music D18 KC Pet Project D07 Quality Alterations C50 Simply Mac C25 Sprint Nextel S18 Staples S10 T-Mobile D16 Zona Yoga Entertainment

C43 Bar Louie C07 Build-A-Bear C02 Fat Fish Blue C03 KC Improv Comedy Club & Dinner Theatre C14 Maze Craze C45 Stone Canyon Pizza

Dining & Specialty Foods

C77 54th Street Grill & Bar S11 Abuelo’s Mexican Food Embassy S12 Addictions Cupcakery C43 Bar Louie C35 Bo Lings C16 Bravo! Cucina Italiana S24 Buffalo Wild Wings C71 Cold Stone Creamery C02 Fat Fish Blue S21 Granite City Food & Brewery C53 Heavenly Olive Oils & Vinegars C68 Hereford House C70 LatteLand S01 Noodles & Company S27 Outback Steakhouse C37 Planet Sub C69 Pretzelmaker C74 Rocky Mountain Chocolate Factory S22 Smokehouse BBQ C45 Stone Canyon Pizza C09 Subway C04 Swagat Fine Indian Cuisine C05 Swagat Spice Bazaar D19 Topsy’s/Cookie Factory Bakery D24 Yogurtini

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Apartment Lobby

Community Room

Apartment Leasing Office

Directory Kiosk

Office Lobby

ATM

Family Restrooms

Restrooms

Nursing Room

Parking

Management Office

Guest Services in The Grove

Dillard’s District

Central District

South District

BARRY ROAD

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(Many of our apparel retailers also feature a great selection of shoes!)

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ENTRANCE

I-29GATEWAY LOCATION

Men’s Wearhouse is strategically located at the entrance of the Zona Rosa Shopping Center.


TREMENDOUS TRAFFIC: The Zona Rosa Shopping Center attracted 10M+ shoppers last year and is located near a major traffic artery where Route 152 meets I-2.

PACKED PARKING LOTS

Surrounding Retail


Surrounding Retail

PRIME SHOPPING DESTINATION


This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Income & Expense

PRICE $3,039,692

Price Per Square Foot: $506.62

Capitalization Rate: 6.50%

Total Rentable Area (SF): 6,000

Lot Size (Acres): 0.94

Year Built: 2005

STABILIZED INCOME Per Square Foot

Scheduled Rent $32.93 $197,580

Effective Gross Income $32.93 $197,580

LESS Per Square Foot

Taxes NNN $0.00

Insurance NNN $0.00

Total Operating Expenses $0.00

EQUALS NET OPERATING INCOME $197,580


This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.

Rent Roll

TENANT INFO LEASE TERMS RENT SUMMARY

Tenant Name Sq. Ft. Term Current Rent Monthly Rent Monthly Rent/FT

Yearly Rent/FT

Men’s Wearhouse 6,000 10/5/04 6/30/10 $185,580 $15,465 $30.93 $2.58

7/1/10 6/30/15 $191,580 $15,965 $31.93 $2.66

Capitalized Rent Option 1 (Exercised 12/16/14) 7/1/15 6/30/2020 $197,580 $16,465 $32.93 $2.74

7/1/2020 6/30/2025 $203,580 $16,965 $33.93 $2.83

Current Totals: 6,000 $185,580 $15,465 $30.93 $2.58

Subject Property


ABOUT MEN’S WEARHOUSE

Founded in 1973, Men’s Wearhouse (NYSE: MW) is one of North America’s largest specialty retailers of men’s apparel with 1,766 stores. The Men’s Wearhouse, Jos. A. Bank, Moores and K&G stores carry a full selection of suits, sport coats, furnishings and accessories in exclusive and non-exclusive merchandise brands and Men’s Wearhouse and Tux stores carry a limited selection.

Most K&G stores carry a full selection of women’s apparel. Tuxedo rentals are available in the Men’s Wearhouse, Jos. A. Bank, Moores and Men’s Wearhouse and Tux stores. Additionally, Men’s Wearhouse operates a global corporate apparel and workwear group consisting of Twin Hill in the United States and Dimensions, Alexandra, and Yaffy in the United Kingdom.

Men’s Wearhouse

MEN’S WEARHOUSE IS ONE OF NORTH AMERICA’S LARGEST

SPECIALTY RETAILERS - $2.47 BILLION IN REVENUES

$1+ BILLION NET WORTH



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ZONA ROSA TOWN CENTER Tiffany Ridge

Elementary

Alfred L. Renner

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Park Hill High School

Park Hill High-Congress Middle School

Campus

EDGEWOOD SHOPPING CENTER

BOARDWALK SQUARE

TIFFANY SPRINGS MARKET CENTER

KANSAS CITY CITY CENTER

SUBJECT PROPERTY

Regional Map

Kansas City MO Location

MEN’S WEARHOUSE

TRAFFIC COUNTS IN EXCESS OF 54,500

VPD ON I-29


KANSAS CITY, MO OVERVIEWKansas City, the largest city in the state of Missouri, encompasses 316 square miles and is one of two county seats in Jackson County. It is the predominant city in a MSA of roughly 2.1 million people spanning the Missouri-Kansas border.

Kansas City is home to the headquarters of dozens of national companies including American Century Investments, AMC Theatres, Applebee’s, and Hallmark Cards. It is also home to one of the largest drug manufacturing plants in the U.S., Sanofi-Aventis, located in South Kansas City. Numerous agricultural companies operate out of the city as well, and Dairy Farmers of America, the largest Dairy Co-op in the United States, is located in Kansas City.

Kansas City is one of ten regional office cities for the United States Government, making the U.S. Government the largest employer in the Kansas City metro area, with more than 146 federal agencies.

Location & Demos

2013 HOUSEHOLD INCOMES

POPULATION

Employer # of Employees*Federal Government 41,500State/County/City Government 26,326Public School System 26,250HCA Midwest 8,632*Approximate

TOP EMPLOYERS IN KANSAS CITY

1-Mile 3-Mile 5-Mile

2010 6,642 37,765 78,9072014 6,698 38,748 80,9722019 6,895 40,519 84,765

1-Mile 3-Mile 5-Mile

Average $73,757 $85,444 $84,351Median $57,597 $64,608 $63,049


A unique HUMANRESULTS-DRIVEN client experience

THE CAPITAL PACIFIC EXPERIENCE - OUR DAILY COMMITMENT TO OUR CLIENTS

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Copyright © 2015 [Capital Pacific Real Estate Brokerage Company]

JOHN [email protected] | (415) 274-2715 CA BRE# 01440360

RICK [email protected] | (415) 274-2709 CA BRE# 01792433

BOB [email protected] | (415) 274-2717 CA BRE# 00869657

CHRIS [email protected] | (415) 274-2701CA BRE# 01002010

In conjunction with KS Licensed Broker: Mike [email protected]

men’s wearhouse - Capital Pacific · men’s wearhouse Capital Pacific collaborates. ... Street...

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