Southwood Village

Transcription

Southwood Village

Property Information
GLA:
Parking:
Date Purchased:
Anchor(s):
Available Space(s):
Southwood Village
Palos Verdes Blvd. & Sepulveda Blvd.
Torrance, CA
66,958 SQ. FT.
293
10/5/2010
ACE Hardware
10,480 | 3,570 | 3,570 | 2,160 | 1,700 | 1,530 | 1,375 | 1,200 | 990 | 929
Metropolitan Statistical Area (MSA)
Los Angeles-Long Beach-Santa Ana
Leasing Representative
Property Manager
Mina Elliott
Tel: 310-284-6000
[email protected]
Megan Moloughney
Tel: 310-284-6000
[email protected]
Torrance, CA | www.kimcorealty.com/1564A
Southwood Village
DEMOGRAPHIC MAP AND TENANT LISTING |
Torrance, CA | www.kimcorealty.com/1564A
Demographics
2012 Estimates
Total Population
Total Households
Avg. HH Income
Med. HH Income
Per Capita Income
1 Mile
28,296
11,207
$105,406
$93,735
$42,308
3 Miles
167,231
68,779
$117,070
$93,792
$48,834
5 Miles
427,512
162,186
$114,968
$92,041
$44,284
Anchor Tenants
ACE Hardware
Tenants
Art of Beauty
Bubbles Pet Spa
Chevron
China Szechuan Kitchen
Dream Dinners
Fusion Dance
Mulberry Cottage
Powerhouse Gym
Recreate Pilates
Southwood Dry Cleaners
Texas Loosey's
US Taekwondo Center
Wrap Orient To Go
Thursday, January 31, 2013
Integrity . Creativity . Stability
Mina Elliott
tel: 310-284-6000 | [email protected]
DEMOGRAPHIC PROFILE
2010 Census, 2012 Estimates with 2017 Projections
Calculated using Proportional Block Groups
Lat/Lon: 33.82611/-118.3696
1 Mile
10 Miles
28,321
28,940
28,042
26,930
0.4%
0.4%
167,410
171,055
165,761
157,033
0.6%
0.4%
427,827
437,134
423,624
407,372
0.4%
0.4%
1,274,829
1,302,448
1,262,378
1,234,718
0.3%
0.4%
2012 Est. Households
2017 Proj. Households
2010 Census Households
2000 Census Households
Historical Annual Growth 2000 to 2012
Projected Annual Growth 2012 to 2017
11,219
11,474
11,111
10,797
0.2%
0.5%
68,852
70,415
68,191
66,655
0.1%
0.5%
162,293
165,976
160,737
157,906
0.1%
0.5%
427,688
437,394
423,589
417,705
0.1%
0.5%
2012 Population 0 to 9 Years
2012 Population 75 Years Plus
2012 Est. Median Age
11.0%
13.1%
4.6%
25.7%
26.0%
12.7%
6.9%
41.3
10.9%
11.4%
4.7%
28.4%
24.0%
13.5%
7.2%
40.9
11.7%
12.3%
5.4%
27.7%
22.9%
13.3%
6.6%
39.6
13.5%
14.2%
6.7%
27.8%
20.6%
11.8%
5.4%
35.7
2012 Male Population
2012 Female Population
Married Base (15yrs+)
Never Married
Now Married
Separated, Divorced or Widowed
Households with Kids
Average Household Size
48.5%
51.5%
20,209
35.9%
51.0%
13.1%
33.8%
2.5
49.1%
50.9%
119,846
34.7%
50.2%
15.0%
31.0%
2.4
49.2%
50.8%
298,166
35.8%
49.0%
15.3%
34.0%
2.6
48.7%
51.3%
838,083
41.4%
42.5%
16.1%
39.8%
2.9
12.6%
9.5%
22.1%
15.1%
16.8%
7.7%
4.9%
5.0%
6.2%
$105,395
$93,727
$42,309
15.4%
7.9%
20.0%
13.2%
16.2%
8.6%
6.0%
6.7%
5.9%
$117,063
$93,788
$48,831
14.6%
7.1%
18.3%
13.4%
16.4%
9.5%
6.7%
7.7%
6.2%
$114,968
$92,047
$44,280
8.9%
4.7%
15.1%
12.5%
17.3%
12.1%
9.2%
10.2%
10.0%
$86,709
$71,710
$29,704
1,342
10,203
10,187
98,677
21,361
205,740
49,451
549,731
INCOME
& SEX
2012 Estimated Population
2017 Projected Population
2010 Census Population
2000 Census Population
Historical Annual Growth 2000 to 2012
Projected Annual Growth 2012 to 2017
MARITAL STATUS
POPULATION
5 Miles
HOUSEHOLDS
3 Miles
AGE
Torrance, CA
2012 Est. HH Income $200,000 or More
2012 Est. HH Income $150,000 to $199,999
2012 Est. HH Income $100,000 to $149,999
2012 Est. HH Income $75,000 to $99,999
2012 Est. HH Income $50,000 to $74,999
2012 Est. HH Income $35,000 to $49,999
2012 Est. HH Income $25,000 to $34,999
2012 Est. HH Income $15,000 to $24,999
2012 Est. HH Income $0 to $14,999
2012 Est. Average Household Income
2012 Est. Median HH Income
2012 Est. Per Capita Income
Number of Businesses
Total Number of Employees
©2012, Sites USA, Chandler, Arizona, 480-491-1112
page 1 of 3
Demographic Source: Applied Geographic Solutions 6/2012, TIGER Geography
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
1564 - Southwood Village
DEMOGRAPHIC PROFILE
Lat/Lon: 33.82611/-118.3696
1 Mile
RACE
167,410
57.5%
3.5%
0.5%
24.5%
14.0%
427,827
52.1%
4.9%
0.6%
22.8%
19.6%
1,274,829
39.6%
16.4%
0.8%
14.4%
28.8%
2012 Est. Hispanic Population
2012 Est. Hispanic Population Percent
2017 Proj. Hispanic Population Percent
2010 Hispanic Population Percent
3,524
12.4%
15.0%
11.6%
22,378
13.4%
15.9%
12.6%
101,240
23.7%
25.9%
22.9%
525,553
41.2%
42.9%
40.5%
Adult Population (25 Years or Older)
Elementary (0 to 8)
Some High School (9 to 11)
High School Graduate (12)
Some College (13 to 16)
Associate Degree Only
Bachelor Degree Only
Graduate Degree
20,193
2.8%
4.1%
17.7%
18.7%
9.6%
30.6%
16.4%
122,197
3.0%
3.7%
17.4%
18.9%
8.2%
31.7%
17.1%
301,977
5.1%
5.6%
18.7%
19.3%
7.6%
28.4%
15.2%
836,223
10.8%
9.4%
21.4%
20.7%
7.3%
20.0%
10.2%
Total Housing Units
Owner Occupied Percent
Renter Occupied Percent
Vacant Housing Percent
11,677
56.9%
39.2%
3.9%
72,051
51.5%
44.0%
4.4%
169,582
53.8%
41.9%
4.3%
449,676
48.2%
46.9%
4.9%
Homes Built 2005 or later
Homes Built 2000 to 2004
Homes Built Before 1949
2.5%
3.8%
5.6%
8.9%
15.3%
17.9%
33.4%
12.6%
3.0%
4.0%
6.7%
11.6%
19.0%
20.2%
23.6%
12.0%
3.2%
3.8%
6.9%
11.9%
18.5%
19.4%
23.2%
13.1%
3.0%
3.6%
6.5%
11.4%
16.3%
17.4%
21.6%
20.2%
Home Value $1,000,000 or More
Home Value $500,000 to $999,999
Home Value $400,000 to $499,999
Home Value $300,000 to $399,999
Home Value $200,000 to $299,999
Home Value $150,000 to $199,999
Home Value $100,000 to $149,999
Home Value $50,000 to $99,999
Home Value $25,000 to $49,999
Home Value $0 to $24,999
Median Home Value
Median Rent
12.4%
44.1%
9.3%
9.9%
9.8%
5.1%
3.8%
3.1%
1.1%
1.3%
$574,546
$1,472
13.5%
41.6%
9.2%
10.5%
10.0%
5.1%
3.8%
3.5%
1.3%
1.6%
$573,192
$1,464
14.0%
36.0%
10.7%
12.0%
10.7%
5.3%
4.1%
3.8%
1.5%
1.8%
$543,100
$1,354
9.7%
30.2%
13.0%
15.7%
13.9%
6.0%
4.5%
3.8%
1.6%
1.7%
$466,360
$1,123
(Adults 25 or Older)
28,321
61.6%
3.1%
0.5%
21.0%
13.8%
EDUCATION
2012 Estimated Population
2012 Est. White Population
2012 Est. Black or African American
2012 Est. American Indian & Alaska Native
2012 Est. Asian & Pacific Islander
2012 Est. Two or more and Other Races
HISPANIC
10 Miles
HOUSING
5 Miles
HOMES BUILT BY YEAR
3 Miles
HOME VALUES
Torrance, CA
page 2 of 3
DEMOGRAPHIC PROFILE
Lat/Lon: 33.82611/-118.3696
1 Mile
5 Miles
10 Miles
83,857
22.9%
29.3%
11.2%
26.4%
0.4%
4.1%
5.9%
204,795
20.5%
26.1%
14.0%
26.0%
0.4%
5.2%
7.9%
557,225
14.9%
20.3%
18.6%
26.2%
0.5%
6.9%
12.6%
Percent White Collar Workers
Percent Blue Collar Workers
78.2%
21.8%
78.5%
21.5%
72.5%
27.5%
61.4%
38.6%
2012 Labor: Population Age 16+
2012 Civilian Employed
2012 Civilian Unemployed
2012 in Armed Forces
2012 not in Labor Force
22,981
63.7%
4.5%
31.8%
137,469
63.1%
5.1%
0.2%
31.6%
345,746
61.2%
5.8%
0.1%
32.9%
995,806
58.2%
7.2%
0.2%
34.5%
48.0%
52.0%
48.6%
51.4%
48.7%
51.3%
48.1%
51.9%
Drive to Work Alone
Drive to Work in Carpool
Travel to Work by Public Transportation
Drive to Work on Motorcycle
Walk or Bicycle to Work
Other Means
Work at Home
79.8%
7.6%
2.3%
0.5%
1.8%
1.5%
6.5%
80.8%
7.4%
1.8%
0.3%
2.3%
1.3%
6.1%
79.0%
8.9%
2.6%
0.3%
2.6%
1.2%
5.4%
76.1%
10.6%
4.8%
0.3%
2.8%
1.0%
4.4%
Travel to Work in 14 Minutes or Less
Travel to Work in 15 to 29 Minutes
Travel to Work in 30 to 59 Minutes
Travel to Work in 60 Minutes or More
Average Travel Time to Work (min)
22.4%
34.3%
32.4%
10.8%
24.4
23.0%
36.0%
29.9%
11.1%
23.9
23.9%
36.9%
29.3%
9.9%
23.0
22.5%
37.6%
30.3%
9.6%
23.5
2012 Total Household Expenditure
2012 Apparel
2012 Contributions & Gifts
2012 Education & Reading
2012 Entertainment
2012 Food, Beverages & Tobacco
2012 Furnishings & Equipment
2012 Health Care & Insurance
2012 Household Operations & Shelter & Utilities
2012 Miscellaneous Expenses
2012 Personal Care
2012 Transportation
$822 M
$39.8 M
$60.3 M
$26.1 M
$46.6 M
$125 M
$38.1 M
$55.9 M
$247 M
$13.1 M
$11.8 M
$159 M
$5.42 B
$262 M
$406 M
$174 M
$307 M
$819 M
$250 M
$369 M
$1.63 B
$86.6 M
$77.4 M
$1.04 B
$12.6 B
$610 M
$939 M
$402 M
$713 M
$1.91 B
$579 M
$856 M
$3.78 B
$200 M
$180 M
$2.41 B
$26.8 B
$1.30 B
$1.87 B
$810 M
$1.51 B
$4.17 B
$1.21 B
$1.86 B
$8.05 B
$436 M
$386 M
$5.24 B
2012 Labor Force: Males
2012 Labor Force: Females
TO WORK
TRANSPORTATION
LABOR FORCE
OCCUPATION
14,137
24.2%
28.4%
11.7%
25.7%
0.6%
3.4%
6.1%
TRAVEL TIME
Occupation: Population Age 16+
Mgmt, Business, & Financial Operations
Professional & Related
Service
Sales and Office
Farming, Fishing, and Forestry
Construction, Extraction, & Maintenance
Production, Transport, & Material Moving
3 Miles
CONSUMER EXPENDITURE
Torrance, CA
page 3 of 3
Melrose Village Plaza
SITE PLAN |
Vista, CA | www.kimcorealty.com/1423
1725
sf
Long
ho
Drive rn
Dr. D
Citibank
Mr. Bubbles Laundry
8641sf
The UPS Store
Bella By Krys
Fantastic Sams
Plaza Cleaners
1400sf
1400sf
1295sf
1440sf
1400sf
1404sf
1208sf
1191sf
1237sf
2451sf
Hearx West
Martial Arts
H&R Block
Gorgeous Nails
1423
22,15
sf
2551
sf
1212
1020
s
1218 f
s
1020 f
s
1195 f
sf
CVS
Kimc
14,10
co s
Kimffice
O
1520sf
rman
E
ce C dward J
hirop
o
racti nes
c Ctr
.
N
Ciga
rette orberts
sNM
ore
2800sf
Perfo
1401sf
1339sf
Ricedle Thai Rest.
PD:
46,819sf
4sf
9/28/12
o
9sf
unca
n DD
Lower
S
Level
e
ek to M
It's Gre
Italy
rs from Taco
e
h
t
o
r
Two B
Super
Juice
Jamba
1177sf
995sf
1057sf
1545sf
Chase
Bank
4500sf
1440sf
1282sf
1526sf
Wednesday, October 10, 2012
e
e Driv
s
o
r
l
e
M
Norma Salzhandler
Marina Village
AERIAL |
Huntington Beach, CA | www.kimcorealty.com/1422
Todd Buckstein
Marina Village
SITE PLAN |
Huntington Beach, CA | www.kimcorealty.com/1422
PD:
1500sf
Classic Cleaners
1500sf
1422
Optometrist
Marina Family Medical Group
King's Pizza
Sushi Ya
2640sf
3300sf
2032sf
5131sf
3751sf
3826sf
1500sf
40,800sf
Available
9109sf
3120sf
Supermarket
1500sf
7870sf
3000sf
Available
Prudential Real Estate
Alka Pi Water
3300sf
1000sf
2500sf
1014sf
Helen Grace Chocolates
The Mailbox Center
Westshore Cash
Marina Smoke Shop
Edwards Hair Salon
Surf City Nails
Noal Jewelers
ADT '10 20,778
Springdale Street
Marlin Bar & Grill
Miracle Acupuncture
629sf
1985sf
4265sf
JT's Bagels
Pro Beauty Center
CVS
4175sf
877sf
900sf
1350sf 900sf
1350sf
2250sf
BOA
ATM
900sf
Dental
Assoc.
1350sf 900sf
1225sf
20,120sf
Bank of
America
7200sf
Flame Broiler
Pee Wee's Famous
Supercuts
China Bowl Express &
Young Hawaiian BBQ
7/13/12
Edinger Avenue
ADT '08 17,200
Potential Availability
Todd Buckstein
Lakewood S.C.
AERIAL |
Windsor, CA | www.kimcorealty.com/1463A
Nicole Hauscarriague
Lakewood S.C.
SITE PLAN |
Windsor, CA | www.kimcorealty.com/1463A
1905sf
The 24 Hour Club
Available 2227sf
Golden Spoon Frozen Yogurt
Today's Nails
Steven Scott DDS
Available 680sf
Lakewood Wash 'n Dry
Available 1366sf
Yinkeng Chinese Restaurant
Windsor Beauty Salon
PD:
1463
1370sf
11,468sf
U.S. Postal
Service
820sf
820sf
56,477sf
825sf
2246sf
1525sf
1301sf
1500sf
1230sf
951sf
Windsor Oaks Veterinary Clinic
Joyce Chang DDS
Available 1355sf
Island Fever
Available 1700sf
Available 1336sf
8483sf
Vintage Jewelers
Papa Murphy's
La
1560sf
979sf
1300sf
1300sf
od
wo
ke
1000sf
1200sf
Available 800sf
Lakewood Dry Cleaners
Skillets Restaurant
ive
Dr
6/15/12
Kimco
SIte #1464
Pavilions Place
AERIAL |
Westminster, CA | www.kimcorealty.com/1429
Todd Buckstein
Pavilions Place
SITE PLAN |
Westminster, CA | www.kimcorealty.com/1429
PD:
1429
2911sf
Wok On The Run
Not A Part
3695sf
7sf
120 7sf
120 0sf
120 7sf
214 4sf
131 0sf
120 6sf
168
Howard's TV
& Appliances
al
ix S
on
tes
Sui
n
Phe
1806sf
1806sf
119,050sf
4689sf
Fashion Young
10/2/12
rt
h
atc
Shi
ZW
rs & ading
e
n
C
s
a
GN t Clip l Cle Thre
a
P
&
Gre ilions eauty
Pav ita's B
Vin i BBQ ental
Mau ilion D
Pav
1918sf
2000sf
17,962sf
1208sf
1799sf
Weight Watchers
Avenue
5598sf
4000sf
Thai Princess Restaurant
2515sf
Credit
Union
sf
67 f
14 40s
21
5080sf
2700sf
1694sf
1200sf
Jamba Juice
Gen
Korean
BBQ 4828sf
9300sf
Optical
3000sf
Beach Boulevard
5sf
6823sf
Flame Broiler
Einstein Bros Bagels
1200sf
1200sf
1200sf
1252sf
1252sf
222
0sf
Lazy Dog
Cafe
1247sf
1126sf
3172sf
1200sf
Jersey Mike's
Jewelry Express
69,445sf
Heil Avenue ADT '08 14,900
Supermarket
Panera Bread
He
a
Ge rx W
e
Ad sshin st
van Re
tag sta
AT
e B ura
&T
od nt
yC
are
Pavilions
191 0sf
3sf
392
8sf
2000sf
1877sf
Golden Donut
Edible Arrangements
Cartridge World
Tip Top Nails
Time Warner Communications
Comics Unlimited
Malvasia Cafe
Sally Beauty
A PinUps Closet
386
6000sf
150
1736sf
1200sf
ADT '10 69,070
Todd Buckstein
Rancho Penasquitos Towne Ctr.
AERIAL |
San Diego, CA | www.kimcorealty.com/1610
Kim Cooper
Rancho Penasquitos Towne Ctr.
SITE PLAN |
San Diego, CA | www.kimcorealty.com/1610
PD:
Black M
Cafe 56
Smash Burger
State Farm
Golden Spoon
Nail Fantasy
ountain
R
oad
1610-1611
4830sf
3000sf
4000sf
4965sf
892sf
Site #1610
Site #1611
5
392
sf
f
3s
Site #1610
21,954sf
f
9755ssf
97
Site #1611
sf
1365
sf
1584 f
s
1470
f
975s
f
943s
sf
95
12 5sf
97
sf
75
23
f
5500
s
2100
sf
1150
sf
sf
f
3200
sf
1050 sf
1050 sf
1400
sf
1800
sf
1150
4000
s
sf
00
21
5500
sf
sf
1625
sf
1884
2078
sf
975s
975s f
975s f
f
2500
sf
ls
Trai
f
0s
90 87sf
7
f
8s
78 5sf
82
Not Included
Not Included
40,000sf
Site
#1610
Time Warner
Kahoots
Available 4000sf
Bertrand's Music
Dance Arts
Wonderful Sushi
sf
17
15
8
26
Available 2078sf
Foot Massage
H&R Block
One Day Spa
n
lba
2275sf
1140sf
1040sf
1368sf
5sf
sf
700 f
s
620 f
800s
207
3706sf
Twin
Barber
Available 975sf
Weight Loss
Nails
Deli
Jersey Mike's
nta
Mo
2250sf
Pet Clinic
Chiropractor
Dentist
Dentist
Kinecta Federal
Credit Union
Round Table Pizza
Rancho Learning Center
Dentist
Smokers Land
Available 825sf
Chinese Restaurant
Orthodontist
eo
Bank
Americoaf
Kragen
7130s
f
Pas
96
96 0sf
0s
f
Karate
Haircuts
Chas
e
Bank
Goodyear
5040sf
Union Bank
PQ Donuts
Cotija Taco
Twin Trails
Hallmark
Optometrist
CA Cuts
Pet Supply
Thai Restaurant
Postal Annex
9/28/12
sf
00 f
25 00s
12
n
i
Tw
s
ail
r
T
GNC
Golden Bagel
Starbucks
Florist
Liz's Tailoring
Salon 56
Dry Cleaner
Kim Cooper
Linda Mar S.C.
AERIAL |
Pacifica, CA | www.kimcorealty.com/1115A
Linda Mar S.C.
SITE PLAN |
Pacifica, CA | www.kimcorealty.com/1115A
PD:
De Solo D
1115
rive
First
National
Bank
4100sf
19,085sf
4840sf
Cabrillo Highway (Route No. 1)
24,246sf
Available 1628sf
Starbucks 1650sf
L&L Hawaiian Barbecue 1667sf
Donut Time 1120sf
Gamestop 1120sf
Kerri's Coffee Shop 1365sf
Nail Touche 1400sf
Cheers Bar 2131sf
Available 1260sf
Goodwill Boutique 4643sf
Dr. Acosta, DDS 1424sf
Round Table Pizza 3250sf
California Video 4451sf
2824sf
2084sf
Linda Mar Boulevard
45,892sf
10/2/12
A
35 vail.
74
sf
We
i
nk ght W
of
Am atch
eri ers
Av
ca
2
Av aila
48 001s
El aila ble 2
5
2s f
f
Lin Gran ble 1 550
s
2
d
La a M Am 67s f
u
Fa nd ar igo f
Ob brica erett Flori Taqu
eri
Je ses re e 1 st
a
Cig wels sion 1050 000s 1065 15
s
s
74
f
s
a
F
f
f
Ro rs or 80
sf
Gr ckaw + 6 ever 9sf
e
1
9
Ch at C ay 1s
12
sf
Pa eck lips Beac f
l
I
Su m C nto 760 h Op
C
it
s
b
tom
Co way y Re ash f
etr
l
s
7
H& d S
t
6
y
a
15
R B ton 1217 uran 6sf
08
Lin
t 7
loc e C sf
sf
re
60
da
k
sf
Ma
18 ame
6
rP
6s ry
et
11
Su f
00
pp
sf
ly
13
34
sf
4000sf
3319sf
Metro
PCS
796sf
Ba
Tyler Street Plaza
AERIAL |
Riverside, CA | www.kimcorealty.com/1374B
Todd Buckstein
Tyler Street Plaza
SITE PLAN |
Riverside, CA | www.kimcorealty.com/1374B
PD:
3267sf
1003sf
1200sf
Dentist
PC House
Jenny's Nails
Paul's
TV
2041sf
1100sf
1100sf
1374
Tyler Street
Roadhouse
Grill
7,193sf
2100sf
Wells Fargo
State Farm
Capezio
ADT '10 42,683
ADT '10 36,277
Magnolia Avenue
ADT '10 39,875
67,104sf
le
Ho
10/5/12
ue
en
Av
Todd Buckstein
Fremont Hub
AERIAL |
Fremont, CA | www.kimcorealty.com/0951B
Fremont Hub
SITE PLAN |
Fremont, CA | www.kimcorealty.com/0951B
PD:
951
L
E
V
A
D
Elephant
Bar
7,742sf
6,000sf
N
U
E
Available
25,000sf
10,493sf
E
3349sf
R
V
Accupuncture Clinic
Little Scissors
1925sf
Gymboree
Lasen 1730sf
A
Avail. 722sf
Avail. 2000sf
1818sf C2 Education
American General Finance
Avail. 433sf
Beads at Beads
Travel
760sf
123,727sf
U
World Market
18,300sf
39,830sf
Available
3069sf
T
Ulta
10,000sf Cost Plus
30,028sf
N
6300sf
8400sf
Fine Futons
Sushi Harbor
L
8400sf
Lane Bryant
U
M
W
O
Jennifer
Convertibles
O
A
W
R
Y
30,000sf
Kett's
Kafe
1467sf
U
N
E
Eyes
Q Cups
Rain Fashion Room 1028sf
B
2800sf
Dayak's Den
Liberty Tax
A
V
1700sf
19,300sf
4833sf
E
26,584sf
Hawaiian BBQ
Gamestop
Dental Spa
Styles for Less
Nails
3130sf
Radio Shack
Nothing Bunt Cakes
2380sf
T
Williams
Historical
Park
Carriage
House
6,096sf
Casual Male
CVS
N
California
Bank
on
x
Ex
O
Hallmark
M
Sleep Train
E
Half Price Books
8781sf
R
3000sf
F
Loading
East Bay Dental
GNC
Jack's
Brewing
Company
Hubs
Five & Ten
23,683sf
H. Salt Fish & Chips
Popeyes
New Tung Noodle
2980sf
54,741sf
3960sf
Alliance Credit Union
T Mobile
Unocal
2388sf
Kaspers
Indian Fast Food
Verizon Wireless
Alterations To Go
UPS Store
European Wax Center
Subway
Amia Bakery
Cold Stone
Future
Pad
8240sf
26,050sf
12,000sf
Maintenance
A
R G
O
N
A
U
T
W
A
Y
6/15/12
Redhawk Towne Center
AERIAL |
Temecula, CA | www.kimcorealty.com/1149C
Kim Cooper
Redhawk Towne Center
SITE PLAN |
Temecula, CA | www.kimcorealty.com/1149C
PD:
1149
l
reek Channe
Temecula C
DIRT
Historic Site
Not Included
88,408sf
10,000sf
30,280sf
1467sf
2142sf
2804sf
221,639sf
30,138sf
Sally Beauty
a
Redh
Apis Road
Fuel Station
Empty Pad
Panda Express
Red Brick Pizza
GameStop
5 Guys Burgers
1954sf
1442sf
1522sf
2682sf
2340sf
Chase
Bank
5500sf
4022sf
5000sf
Submarina
Los Tacos
Anthem
Dental
Nail Salon
Great Clips
Shell
Gas Station
1200sf
1072sf
1200sf
1200sf
1200sf
ay
Parcel B
arkw
wk P
Parcel A
Not Included
1/6/12
Temecula Parkway
Kim Cooper
SHOPPING CENTER TERMS
Minimum Rent – The basic rent a tenant pays; usually expressed as price per square foot.
Rent that is not based on a tenant’s sales.
The specific dollar amount paid by a tenant for the amount of square footage leased.
The basic rent that a tenant will pay the landlord each year, in twelve equal, consecutive
installments, computed based on an amount of rent per square foot; also called base rent.
Gross Lease – A lease in which the landlord pays 100 percent of all taxes, insurance, and
maintenance associated with the operation of a shopping center.
Net Lease – A lease in which the tenant agrees to pay rent and its proportionate share of the
center’s ongoing expenses, such as taxes, insurance, and property repairs and maintenance.
Triple Net Lease (NNN) – A lease in which 100 percent of all taxes, insurance, and
maintenance associated with a shopping center is paid on a prorata basis by the tenant.
Pro Rata Share – The assessment of expenses on a proportional basis between landlord and
tenant.
Lessee – The tenant; one who rents or leases property from another.
Lessor – The owner; one who rents or leases property to another.
Common Area Maintenance (CAM) – The amount of money charged to tenants for their share
of maintaining a center’s common area.
The charge that a tenant pays for shared services and facilities such as outdoor electricity,
security, and maintenance of parking lots and landscaping.
The area maintained in common by all tenants, such as parking lots and common
passages. This area is often defined in the lease and may or may not include all physical areas.
Items charged to common-area maintenance may include cleaning services, parking lot
sweeping and maintenance, snow removal, security, and upkeep.
Insurance Expense – This major expense includes all premiums and costs incurred for
insurance covering structures, public liability, equipment, and bonding of employees. It may
include the cost of an insurance consultant.
Gross Leasable Area (GLA) – Normally the total area on which a shopping center tenant pays
rent. The GLA includes all selling space as well as storage and other miscellaneous space.
The measurement used to define how much space a tenant has leased in a center. GLA is
determined by measuring the distance between the middle walls of a space and the distance
between front outside wall to back outside wall.
In short, GLA is that area on which tenants pay rent; it is the area that produces income.
Shopping Center Terms
Page 2 of 3
Percentage Rent – A percentage of the tenant’s total annual sales paid in addition to fixed rent.
This additional rent is normally paid after a predetermined sales level has been achieved. The
percentage factor is then applied to all sales over the present level (breakpoint).
Developers in shopping centers customarily charge a minimum rent plus a percentage
rent when sales exceed a certain volume.
Percentage rent is a function of sales activity, any excess over the minimum rent is
percentage rent.
Breakpoint - Sometimes referred to as natural or actual breakpoint. In percentage rent, the point
at which rent due from a specific percentage or sales equals the minimum rent.
Theoretically, the point at which a tenant breaks even on expenses and sales, and
thereafter begins to make a profit (a percentage of which is sometimes required to be paid to the
landlord); also called a sales breakpoint or natural breakpoint.
Use Clause – A clause inserted into a shopping center retail lease that restricts the category of
merchandise or items that a retailer is allowed to sell.
An outline of the exact type of merchandise to be sold or business to be conducted in the
premises.
Consumer Price Index (CPI) Adjustment – An indication of rising prices or inflation used to
measure the impact of inflation upon consumers. It measures and compares the total cost of a
statistically determined “typical market basket” of goods and services consumed by U.S.
households. An adjustment to agreed-upon tenant charges such as marketing contributions based
on changes in a consumer price index, generally released by the Bureau of Labor Statistics at the
end of every month.
Lease Assignment – The transfer to another party of all a tenant’s interests in a lease for the
remainder of the lease term. It is distinguished from a sublease, in which some portion of the
terms of the lease remains with the primary tenant.
Exclusivity Clause – A lease clause that limits the number of stores that can open in the
shopping center competing with the lessee.
Relocation Clause – A lease clause that gives a landlord the ability to move the tenant to
another location within the shopping center premises.
Vanilla Box – A space partially completed by the landlord based on negotiations between tenant
and landlord. Although every landlord’s definition is different, a vanilla box normally means
HVAC (heating, ventilation, and air-conditioning), walls, floors, stockroom wall, basic electrical
work, basic plumbing work, rear door, and storefront.
Demographic Study – A study of socioeconomic facts concerning individuals or householdssuch as car ownership, income, age, marital status, and education—studied by advertisers and
merchandisers in order to make their sales and advertising programs more effective.
Occupancy Cost – The sum of a tenant’s fixed rent, percentage rent, and add-ons. Also called
total rent.
Shopping Center Terms
Page 3 of 3
Market Rent – An amount based on sales potential of various types of retailers that together can
do the optimum business in a particular center if it were properly leased by merchandise
categories, and is compared to the total occupancy cost each retailer is able to pay and still make
a profit. This is other than what is necessary to produce a desired return on investment or to
cover development costs; the rate at which space would be leased if offered in a current
competitive market based on similar sales and performance; sometimes used interchangeable
with budgeted rent or appraisal rent.
Source: ICSC’s Dictionary of Shopping Center Terms

Southwood Village

Transcription

Similar documents

Net Lease Investment

FDA Approved | Cialis Manufacturers In India

Time for a property review?

Actual Building Photo

Residential Eviction Mediations

Investigating local budgets

15,000 property listings for sale or rent all under one virtual roof

PM2T Brochure Online

15 - The Seneca County Area Shopper