NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. ·...

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NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019 RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306 This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved. FOR INFORMATION, CONTACT: Nick Frechou, Senior V.P. +1 (559) 447-6266 [email protected] DRE # 01887999 RETAIL CALIFORNIA CRE A division of Pearson Realty 7480 North Palm Avenue, Suite 101 Fresno, CA 92711 www.retailcalifornia.com DEPICTIVE IMAGE · Adjacent to Planned Yoshinoya · High Daytime Population · Mature Residential Surrounding · Ample Parking Available

Transcript of NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. ·...

Page 1: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

FOR INFORMATION, CONTACT:

Nick Frechou, Senior V.P.+1 (559) [email protected] # 01887999

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Avenue, Suite 101Fresno, CA 92711www.retailcalifornia.com

DEPICTIVE IMAGE

· Adjacent to Planned Yoshinoya· High Daytime Population· Mature Residential Surrounding· Ample Parking Available

Page 2: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

FOR INFORMATION, CONTACT:

Nick Frechou, Senior V.P.+1 (559) [email protected] # 01887999

RETAIL CALIFORNIA CREA division of Pearson Realty

7480 North Palm Avenue, Suite 101Fresno, CA 92711www.retailcalifornia.com

Property Description:The subject site is a part of Bakersfield’s newest retail development! Yoshinoya, an international fast food chain, will be built ground up and starting construction the 4th Quarter of 2019. The adjacent property is an existing 1,850± SF restaurant. The subject corner boasts an ADT count of 34,400±. Immediate retailers in the area include, Vallarta, Food Maxx, 99 Cents Only, Dollar Tree, O’Reilly Auto Parts, and Auto Zone.

Building Size: 1,850± SF

Sale Price: $375,000

Lease Rate: Please contact agent for more information.

2017 Demographics: 1 Mile 2 Miles 3 Miles Total Population: 16,776 44,064 69,475 Total Households: 4,766 14,425 23,643 Avg. HH Income: $46,715 $61,420 $71,378 Daytime Population: 24,064 53,599 81,512

2017 Traffic Counts: Niles St: 29,411 ADT Sterling Rd: 4,979 ADT Total: 34,390 ADT

Sources: AnySite, Kalibrate TrafficMetrix

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Niles St AT Sterling Rd Bakersfield, Ca 93306

Site CoordinatesLongitude/X:Latitude/Y:

-118.940827 35.376010

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Page 3: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

Page 4: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

Page 5: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

Page 6: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019

RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALE SEC Niles St & Sterling Rd · Bakersfield, CA 93306

Page 7: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALESEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

Retail California CRE Updated Summary Report Niles St AT Sterling Rd Niles St AT Sterling Rd Bakersfield, CA 93306

13 March 2019 Coordinates Longitude: -118.940827 Latitude: 35.376010 1 MILE 2 MILE 3 MILE RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc © 2016 Gadberry Group LLC. All Rights Reserved. Page 1

Population Trend

2000 Total Population 19,198 53,137 93,963

2010 Total Population 21,450 61,185 109,676

2017 Total Population 21,842 63,053 113,462

2022 Total Population 22,091 64,699 116,905

Households Trend

2000 Total Households 5,523 16,019 28,193

2010 Total Households 5,730 17,459 31,128

2017 Total Households 5,782 17,805 31,782

2022 Total Households 5,909 18,500 33,103

Population Change Trend

2000 to 2010 Population Change 11.7% 15.1% 16.7%

2000 to 2017 Population Change 13.8% 18.7% 20.8%

2010 to 2022 Population Change 3.0% 5.7% 6.6%

2017 to 2022 Population Change 1.1% 2.6% 3.0%

Household Change Trend

2000 to 2010 Household Change 3.7% 9.0% 10.4%

2000 to 2017 Household Change 4.7% 11.1% 12.7%

2010 to 2022 Household Change 3.1% 6.0% 6.3%

2017 to 2022 Household Change 2.2% 3.9% 4.2%

2017 Race

White alone 51.5% 50.2% 48.7%

Black or African American alone 3.3% 4.1% 5.1%

American Indian and Alaska Native alone 2.0% 1.9% 2.1%

Asian alone 1.2% 1.6% 1.7%

Native Hawaiian and OPI alone 0.1% 0.1% 0.1%

Some Other Race alone 36.7% 36.5% 36.7%

Two or More Races 5.2% 5.5% 5.6%

2017 Income

Per Capita Income $15,857 $16,145 $15,727

Household Income: Median $40,342 $37,387 $37,023

Household Income: Average $59,112 $57,017 $55,376

Less than $10,000 5.8% 8.1% 9.1%

Page 8: NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA … · 2019. 5. 22. · NET TO YOSINOYA RESTARANT OPENIN 4T ARTER 2019 RETAILRESTARANT CORNER PA FOR LEASE

NEXT TO YOSHINOYA RESTAURANT · OPENING 4TH QUARTER 2019RETAIL/RESTAURANT CORNER PAD FOR LEASE OR SALESEC Niles St & Sterling Rd · Bakersfield, CA 93306

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2019 Retail California. All rights reserved.

Retail California CRE Updated Summary Report Niles St AT Sterling Rd Niles St AT Sterling Rd Bakersfield, CA 93306

13 March 2019 Coordinates Longitude: -118.940827 Latitude: 35.376010 1 MILE 2 MILE 3 MILE RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc © 2016 Gadberry Group LLC. All Rights Reserved. Page 2

$10,000 to $14,999 8.5% 8.2% 8.2%

$15,000 to $19,999 8.0% 8.6% 8.3%

$20,000 to $24,999 7.2% 7.9% 8.1%

$25,000 to $29,999 5.9% 6.5% 7.0%

$30,000 to $34,999 7.3% 7.6% 6.8%

$35,000 to $39,999 6.9% 6.5% 6.2%

$40,000 to $44,999 6.6% 5.0% 4.7%

$45,000 to $49,999 3.2% 3.6% 3.8%

$50,000 to $59,999 6.6% 7.5% 7.5%

$60,000 to $74,999 8.8% 8.7% 9.2%

$75,000 to $99,999 12.6% 10.1% 9.6%

$100,000 to $124,999 4.8% 4.7% 4.3%

$125,000 to $149,999 2.5% 2.1% 2.3%

$150,000 to $199,999 2.5% 2.7% 2.8%

$200,000 or more 2.9% 2.2% 2.0%

Average household size 3.7 3.5 3.5

Total Daytime Population 16,641 58,279 101,464

Total Employee Population 2,194 16,124 25,383

Total Daytime at Home Population 14,447 42,155 76,081

Total Employee Population (% of Daytime Population)

13.2% 27.7% 25.0%

Total Daytime at Home Population (% of Daytime Population)

86.8% 72.3% 75.0%