RETAIL/RESTAURANT SPACE IN OAKLAND LUXURY HIGH-RISE ... · Nadine Whisnant Senior Vice President +1...

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Stephen Rusher Senior Vice President +1 415 293 6297 [email protected] Li #01439740 Nadine Whisnant Senior Vice President +1 510 433 5858 [email protected] Li # 00966437 Tammy Choy Associate +1 510 433 5860 [email protected] Li #02023115 RETAIL/RESTAURANT SPACE IN OAKLAND LUXURY HIGH-RISE DEVELOPMENT COMING SPRING 2020

Transcript of RETAIL/RESTAURANT SPACE IN OAKLAND LUXURY HIGH-RISE ... · Nadine Whisnant Senior Vice President +1...

Page 1: RETAIL/RESTAURANT SPACE IN OAKLAND LUXURY HIGH-RISE ... · Nadine Whisnant Senior Vice President +1 510 433 5858 nadine.whisnant@colliers.com Li # 00966437 Tammy Choy Associate +1

Stephen RusherSenior Vice President+1 415 293 [email protected] #01439740

Nadine WhisnantSenior Vice President+1 510 433 [email protected] # 00966437

Tammy ChoyAssociate+1 510 433 [email protected] #02023115

R E TA I L / R E S TA U R A N T S PA C E I N O A K L A N D L U X U R Y H I G H - R I S E D E V E L O P M E N T C O M I N G S P R I N G 2 0 2 0

Page 2: RETAIL/RESTAURANT SPACE IN OAKLAND LUXURY HIGH-RISE ... · Nadine Whisnant Senior Vice President +1 510 433 5858 nadine.whisnant@colliers.com Li # 00966437 Tammy Choy Associate +1

T E M E S C A L

TOGETHER WE RISE

The hype is real. Oakland’s Temescal district is

transforming into the East Bay’s center of energy,

culture and creativity, and it’s no surprise why -

young professionals and families are recognizing the

neighborhood’s incredible access to some of the Bay’s

most desirable amenities and activities.

The Skylyne was designed to foster and support this

thriving community with major improvements to the

neighborhood’s lighting, pedestrian trails and the

construction of a new recreation center. We welcome

anyone who wants to become a vital part of this

growing community.

Together we thrive.

T H E S K Y LY N E A T T E M E S C A L | C O L L I E R S I N T E R N A T I O N A L | 2

PROPERTY HIGHLIGHTS • 24-story, 402-unit luxury apartment

building with up to 13K SF (divisible) of

ground floor retail directly adjacent to

the MacArthur BART station.

• Approximately 18,000 total people

passing by to take BART throughout

the day.

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Highly educated single professionals who choose to spend their disposable income on upscale city living. Spontaneous travelers who live for the experiences.

WITHIN 1/2 MILE OF THE SKYLYNE

Highly educated young individuals who are either starting their careers or still in school. They are one of the fastest growing segments as urban life continues to grow in popularity.

Highly educated indiviudals who are established in their careers. This segment is a blend of married couples, parents with young children, and singles, who either commute or telecommute for work.

Trendsetters - 52.6%

M E E T Y O U R

Metro Renters - 17.8% Urban Professionals - 8.9%

PATRONS

T H E S K Y LY N E A T T E M E S C A L | C O L L I E R S I N T E R N A T I O N A L | 3

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HOUSING DEMOGRAPHICSS U M M A R Y O F

1 MILE RADIUS

E M P L O Y E R S I N T H E R E G I O N

21,660 Housing Units within 1 Mile

880 New Apartment Units within 2 Blocks

(737 at Market, 143 Affordable)

Median Home Sales Price Last 6 Months (94609): $928,000

T H E S K Y LY N E A T T E M E S C A L | C O L L I E R S I N T E R N A T I O N A L | 4

ASHBY CLAREMONT

ROCKRIDGE

PIEDMONT AVE

TEMESCAL

GRAND LAKEWEST OAKLAND

EMERYVILLE

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A R E A

DEMOGRAPHICS

2018 Total Population 49,906

Population Change 2000 to 2018 15.8%

Median Age 36.7

% 39 and Under 56.40%

2018 Median Income $58,714.00

Median Income Change 2000-2018 72.4%

2018 Median Disposable Income (Source: ESRI)

$48,760

Demand Supply Current # of Businesses

Restaurants/Other Eating Places $13,022,474 $11,872,700 34

Sporting Goods, Hobby, Book & Music Stores $3,828,928 $1,428,285 4

Clothing & Clothing Accessories $9,024,729 $2,700,999 4

Office Supplies, Stationery & Gift Stores $1,016,256 $142,113 1

Bldg Materials, Garden Equip. & Supply Stores $5,571,657 $2,905,896 3

Specialty Food Stores $1,434,688 $0 0

Grocery Stores $17,158,356 $36,587,084 11

WITHIN 1 MILE OF THE SKYLYNE

SOURCE: Gadbury/Magnify Maps

SOURCE: Esri

Retail Gap Analysis - WITHIN 1/2 MILE OF THE SKYLYNE

T H E S K Y LY N E A T T E M E S C A L | C O L L I E R S I N T E R N A T I O N A L | 5

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T H E S K Y LY N E A T T E M E S C A L | C O L L I E R S I N T E R N A T I O N A L | 6

AVAILABILITY

Turquoise Street Facing Retail:

• 4,001 SF Total | can be demised into as many

as four spaces

• Potential for non-cooking restaurant

or retail use

• (4) 1” water line

• (4) 2” vent

• (4) 2” conduits stubbed to space for up to

800 amps at 480v

• HVAC 1 ton per 150 sf

• (4) 2” conduits stubbed to space from MPOE

4,001 SF 8,824 SF

TURQUOISE STREET

39TH

STR

EET

39th Street Facing Retail:

• 8,824 SF Total

• Potential for restaurant or retail use

• Connected to landlord-installed 1,500 gallon grease

interceptor in loading dock

• (2) 4” sanitary sewer lines stubbed to space

• 1.5” medium pressure gas line for up to 2,000CFH

capacity stubbed to space

• 3” vent

• (4) 2” conduits stubbed to space for up to 800 amps

at 480V

• HVAC 1 ton per 150 sf

• (4) 2” conduits stubbed to space from MPOE

• Great potential for outdoor seating

Retail/residential loading dock

Bart Entrance

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PIEDM

ONT AVENUE

TELE

GR

APH

AV

ENU

E

BRO

ADW

AY

Oakland Int'lHigh School

Oakland Technical High School

MacArthur Station

Hoover Elementary

School

Donut Savant

Cathedral of Christ the Light

Bakesale BettyTemescal PlazaKingfish Pub & Café

Alta Bates Summit Medical Center

Mosswood Park and Recreation Center

T E M E S C A L

U P T O W NO A K L A N D

L A K E M E R R I T T

GATHER AROUND The Skylyne is located at a crucial junction

for the East Bay - Berkeley, San Francisco,

Downtown Oakland and Piedmont are all

under 20 minutes away by public transit

or car. The MacArthur BART station, just

steps from The Skylyne, brings in more

than 18,000 riders through its gates per

weekday and is expected to grow with the

ever expanding neighborhood.

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International and/or its l icensor(s). Real estate officer l icense corporation identif ication number 01908588. ©2019. Al l rights reserved.

Stephen RusherSenior Vice President+1 415 293 [email protected] #01439740

Nadine WhisnantSenior Vice President+1 510 433 [email protected] # 00966437

Tammy ChoyAssociate+1 510 433 [email protected] #02023115