taco bell - antioch, california
Transcription
taco bell - antioch, california
! !F !i r s !t ! ! ! ! Street, Inc. ! ! ! ! ! ! Net Leased Retail Investments PRESENTED BY! Architectural Rendering ! TIM GIBBONS! Managing Director! 707-938-9600 x104! [email protected]! Lic. 00531580 ! ! ! JEFF CHRISTIAN! Senior Associate! 707-938-9600 x102! [email protected]! Lic. 01461046! Exclusive Investment Offering! TACO BELL - ANTIOCH, CALIFORNIA! Actual Photo 1706 A Store street All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! ! ! ! First Street, Inc.! ! ! ! ! ! ! ! ! ! Net Leased Retail Investments 707-938-9600 TACO BELL INVESTMENT HIGHLIGHTS! INVESTMENT OVERVIEW ! First Street, Inc. is pleased to offer for sale a brand new Taco Bell restaurant leased to Golden Gate Bell, LLC (GGB) being built in Antioch, CA, a suburb of the San Francisco Bay Area. Antioch is located in Contra Costa County and is home to over 100,000 residents. This lease is a true triple net lease with a base term of 20 years and rent increases of 10% every five years. Rent will commence approximately 30 days after the delivery date, which is expected to occur on or about November 11, 2015. The initial annual rent will be $150,000. There are 2 five year options and and one option for four years and eleven months. The rent increases by 10% in each of the options. The property is at the signalized intersection of West 18th Street and A Street, on the northwest corner. The building is 1,822 square feet and sits on approximately 18,700 square feet of land. Surrounding retailers include Grocery Outlet, Starbucks, Wells Fargo, Rite Aid, Wendy’s, O’Reilly Auto Parts, Autozone, Citibank and Bank of America. ! ! ! ! The tenant is Golden Gate Bell, LLC (GGB). GGB is the operator of 85 Taco Bell locations in the San Francisco Bay Area, the largest Taco Bell franchisee in California & Top 10 in the United States. GGB management has been operating Taco Bell restaurants for over 40 years. ! ! New 20 year NNN lease! • • 10% increases in the rent each five years! • New construction - November 2015! • Largest franchisee in CA & Top 10 in the U.S.! • Average CPD (A Street): 17,500! • San Francisco Bay Area location! • Over 161,000 residents within 5 miles INVESTMENT SUMMARY! !NOI: ! ! ! PRICE:! ! ! CAP:!! ! ! BUILDING SIZE:!! $150,000! $3,333,333! 4.5%! 1,822 sq. ft.! DEMOGRAPHICS 1-Mile Population! 20,118 1-Mile AHHI! $57,563 3-Mile Population! 81,429! 3-Mile AHHI! $77,750 5-Mile Population! 161,159 5-Mile AHHI $81,851 All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! ! ! ! ! First Street, Inc. ! ! ! ! ! ! ! ! Net Leased Retail Investments 707-938-9600 Taco Bell PROPERTY OVERVIEW TENANT OVERVIEW ! ADDRESS: 1706 A Street, Antioch, CA TENANT: Golden Gate Bell, LLC TICKER SYMBOL: Private BUILDING SIZE: 1,822 square feet LAND SIZE: 18,700 square feet (0.43 AC) YEAR BUILT: 2015 PARKING: 17 spaces, +1 handicapped ROFR: 15 days to exercise or waive! from notice to Tenant Golden Gate Bell, LLC (GGB) is the operator of 85 Taco Bell locations in the San Francisco Bay Area. GGB is the largest Taco Bell® franchisee in California and one of the larger Taco Bell franchises in the nation. The GGB executive team is led by Randy Rodrigues, Paul Luce and Monica Schneider. Randy Rodrigues, the CEO of GGB, worked for Dolan Foster Enterprises, LLC, the former owner of 72 of the restaurants now owned by GGB, since 1969. The core team’s experience with the brand and the QSR industry has received acclaim and respect for their superb operational excellence. These restaurants have a history of outperforming the Taco Bell system averages for operating performance within the nationwide franchisee network. LEASE OVERVIEW TENANT Taco Bell RENT START RENT! EXP. DATE LEASE TYPE LOT SIZE BUILDING SIZE CURRENT RENT RENT PERIODS RENT INCREASES CAP 12/13/2015 12/12/2035 NNN 0.43 AC 1,822 sq.ft. $150,000 1 - 5! 6 - 10! 11 - 15! 16 - 20! Option 1! Option 2 ! $165,000! $181,500! $199,650! $219,615! $241,576 4.50%! 4.95%! 5.44%! 6.00%! 6.59%! 7.25% All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! ! ! ! First Street, Inc.! ! ! ! ! ! ! ! ! ! Net Leased Retail Investments 707-938-9600 Neighborhood Retail aerial subject property 2 miles All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! ! ! ! ! First Street, Inc. ! ! ! ! ! ! ! ! Net Leased Retail Investments 707-938-9600 ARCHITECTURAL RENDERINGS ! New Taco Bell store prototype! OPENING NOVEMBER 2015! All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! ! ! ! First Street, Inc.! ! ! ! ! ! ! ! ! ! Net Leased Retail Investments 707-938-9600 Site Plan 40 40 40 1. REQUIRED PERMITS AND APPROVALS HAVE BEEN OBTAINED. NO CONSTRUCTION OR FABRICATION SHALL BEGIN UNTIL THE CONTRACTOR HAS RECEIVED AND THOROUGHLY REVIEWED ALL PLANS AND OTHER DOCUMENTS APPROVED BY ALL OF THE PERMITTING AUTHORITIES. 40 2. ALL WORK SHALL BE PERFORMED IN ACCORDANCE WITH THESE PLANS, SPECIFICATIONS AND THE REQUIREMENTS AND STANDARDS OF THE LOCAL GOVERNING AUTHORITY. THE SOILS REPORT AND RECOMMENDATIONS SET FORTH THEREIN ARE A PART OF THE REQUIRED CONSTRUCTION DOCUMENTS AND TAKE PRECEDENCE UNLESS SPECIFICALLY NOTED OTHERWISE ON THE PLANS. THE CONTRACTOR SHALL NOTIFY THE CONSTRUCTION MANAGER OF ANY DISCREPANCY BETWEEN THE SOILS REPORT AND PLANS, ETC. 38 28 39 39 3. DEMOLITION AND SITE CLEARING: SEE S.M.L. DRAWINGS AND GEOTECHNICAL REPORT FOR EXTENT OF SITE DEMOLITION. THIS WORK SHALL INCLUDE REMOVAL OF ALL EXISTING PAVEMENTS, CURBS (U.O.N.), LIGHT POLES (INCLUDING FOOTINGS), VEGETATION (INCLUDING STUMPS), UTILITIES (NOT OTHERWISE REUSED) OR OTHER SUBSTRUCTURES AS REQUIRED FOR NEW CONSTRUCTION. 40 40 12 3 10 3 40 4. SITE GRADING SHALL BE PERFORMED IN ACCORDANCE WITH THESE PLANS AND SPECIFICATIONS AND THE RECOMMENDATIONS SET FORTH IN THE SOILS REPORT REFERENCED IN THIS PLAN SET. THE CONTRACTOR SHALL BE RESPONSIBLE FOR REMOVING AND REPLACING ALL SOFT, YIELDING OR UNSUITABLE MATERIALS AND REPLACING WITH SUITABLE MATERIALS AS SPECIFIED IN THE SOILS REPORT. ALL EXCAVATED OR FILLED AREAS SHALL BE COMPACTED AND MOISTURE CONDITIONED AS SPECIFIED IN THE SOILS REPORT. CONTRACTOR SHALL SUBMIT A COMPACTION REPORT PREPARED BY A QUALIFIED SOILS ENGINEER, REGISTERED WITHIN THE STATE WHERE THE WORK IS PERFORMED, VERIFYING THAT ALL FILLED AREAS AND SUBGRADE AREAS WITHIN THE BUILDING PAD AREA AND AREAS TO BE PAVED HAVE BEEN COMPACTED IN ACCORDANCE WITH THESE PLANS AND SPECS, AND THE RECOMMENDATIONS SET FORTH IN THE SOILS REPORT. 25 1 25'-0" 11 1 52 36 13 41 10 51 34 51 5. THE A.L.T.A. SURVEY SHALL BE CONSIDERED A PART OF THESE PLANS. THE G.C. IS RESPONSIBLE FOR LOCATING IMPROVEMENTS PER THESE PLANS. 13 53 39 EXIT ONLY DRIVE THRU 11 27 19 5 15 5 W 20 47 2 18 23 35 E 31 11 6. THE LOCATIONS OF UNDERGROUND FACILITIES SHOWN ON THESE PLANS ARE BASED ON FIELD SURVEYS AND LOCAL UTILITY COMPANY RECORDS. IT SHALL BE THE CONTRACTOR'S FULL RESPONSIBILITY TO CONTACT THE APPROPRIATE UTILITY COMPANY. NO COMPENSATION SHALL BE PAID TO THE CONTRACTOR FOR DAMAGE AND REPAIR TO THESE FACILITIES CAUSED BY HIS WORK FORCE. SS SS SS W 39 44 38 49 39 8. SEE CIVIL PLANS FOR ALL WORK IN STREET RIGHT OF WAY. HIGHWAY (CALTRANS), IF APPLICABLE, AND CITY ENCROACHMENT PERMITS TO BE OBTAINED AND PAID FOR BY THE GENERAL CONTRACTOR. W 16 25 3 24 E 39 45 22 22 37 26 9. REFER TO DRAWING E2-0 FOR SITE ELECTRICAL REQUIREMENTS AND PHOTOMETRIC PLAN. 17 35 37 14 3 39 26 10. ALL ON-SITE PAINTED STRIPING, LETTERS AND TRAFFIC ARROWS SHALL BE “EPOXY” TYPE “TRAFFIC” PAINT. 11.PRIOR TO SUBMITTING BID AND INSTALLATION OF WATER SERVICES, G.C. SHALL CONFIRM AVAILABLE RESIDUAL AND STATIC WATER PRESSURES AT STREET POINT OF CONNECTION. G.C. SHALL BE RESPONSIBLE FOR NOTIFYING PROJECT ARCHITECT/ENGINEER OF AVAILABLE PRESSURE. 39 16 40 30 25 3 46 SITE PLAN GENERAL NOTES 39 40 42 1 29 57 2 G 16 8 8 40 7 3 8 43 54 38 20 21 56 SITE PLAN 1 CONSTRUCT (N) PERMEABLE PAVING AND BASE, PER PROJECT GEOTECHNICAL REPORT AND CIVIL DRAWINGS. 20 INFILL (E) CURB CUT. CONSTRUCT (N) P.C.C. SIDEWALK (W/ CURB AND GUTTER WHERE SHOWN) PER CITY STANDARDS. 4%-4.5% MAX SLOPE AND 1%-1.5% MAX CROSS SLOPE IN DIRECTION OF TRAVEL. 2 CONSTRUCT (N) ADA ACCESSIBLE PARKING STALL PER DETAIL 2, SHEET A0-2. 1.5% MAX PAVEMENT SLOPE WITHIN HANDICAP ACCESSIBLE PARKING AREA; REFER TO GRADING PLAN. REFER TO DISABLED ACCESSIBILITY NOTES, SHEETS T1-1, T1-2, AND T1-3 FOR COMPONENT REQUIREMENTS. 21 (E) FIRE HYDRANT TO REMAIN. 3 CONSTRUCT (N) 6" P.C.C. CURB PER DETAIL 1, SHEET A0-1 (ONSITE CURBS ONLY). 4 CONSTRUCT (N) 6” P.C.C. CURB AND GUTTER PER DETAIL 2, SHEET A0-1. 22 CONSTRUCT PAVEMENT SURFACE AT ALL BUILDING ENTRY/EXIT DOORS NOT TO EXCEED 1.5% SLOPE FOR 60” IN DIRECTION OF DOOR SWING AND 24” TO STRIKE SIDE OF DOOR. 23 ADA ACCESSIBLE PATH OF TRAVEL. CROSS SLOPE ALONG PATH NOT TO EXCEED 1.5% AND SLOPE IN DIRECTION OF TRAVEL NOT TO EXCEED 4.5%. ABRUPT CHANGES IN ELEVATION SHALL BE LIMITED TO 1/2” MAX. G.C. TO RE-GRADE AND/OR PROVIDE CURB RAMPS TO ATTAIN COMPLIANCE IF NECESSARY, VERIFY IN FIELD. 24 6 7 8 CONSTRUCT (N) P.C.C. CURB EDGE SIDEWALK AT PLANTER PER DETAIL 4, SHEET A0-1. 4%-4.5% MAX SLOPE AND 1%-1.5% MAX CROSS SLOPE IN DIRECTION OF TRAVEL. CONSTRUCT (N) 6” P.C.C. CURB AT DRIVE THRU PER DETAIL 5, SHEET A0-1 (AND PRE-PAY WINDOW IF APPLICABLE). CURB ELEVATION NOT TO EXCEED 3” A.F.F. 25 CONSTRUCT (N) RAIN WATER LEADER TO DISCHARGE THRU FACE OF CURB PER DETAIL 6, SHEET A0-1. (N) ELECTRICAL MAIN SWITCHBOARD. REFER TO ELECTRICAL DRAWINGS. G.C. TO VERIFY SIZE OF NEMA CABINET PRIOR TO POURING CURBS AND ASPHALT AND PROVIDE 48” MIN. CLEAR ACCESSIBLE PATH BETWEEN FACE OF CABINET AND EDGE OF SIDEWALK. NO. NO. 33 NO. 33 FREESTANDING POLE NO. S.F. AREA = ______ NO. HEIGHT = ________ O.A.H. NO. 1" = 10'-0" A SIGN SCHEDULE - D (N) CURB CUT PER CITY STANDARDS. 36 DEMO (E) BUILDING, REFER TO CIVIL DRAWINGS. 53 (N) SANITARY SEWER POINT OF CONNECTION. 37 FINISHED BUILDING SLAB ELEVATION SHALL MATCH EXTERIOR CONCRETE SIDEWALK LEVEL. G.C. TO PREP. PAD TO 60” MIN. BEYOND BUILDING EDGE. 54 (E) TELEPHONE POLE TO BE REMOVED. (E) POWER POLE TO REMAIN. 55 (N) TELEPHONE POLE. 38 (N) LANDSCAPE AREA. REFER TO LANDSCAPE DRAWINGS. 56 (E) STREET LIGHTS TO REMAIN. 39 40 REMOVE (E) TREE. REFER TO LANDSCAPE AND CIVIL DRAWINGS. 41 COTG FOR BUILDING SEWERS. REFER TO PLUMBING AND CIVIL DRAWINGS. 57 (E) TRAFFIC LIGHT TO REMAIN. (N) COVERED LOCKABLE BIKE ENCLOSURE. INSTALL (N) TOW AWAY SIGN (STREET SIDE) PER ADA REQUIREMENTS; REFER TO DISABLED ACCESSIBILITY SHEETS. PAINT WORDS SHOWN IN 12" HIGH LETTERS WITH TRAFFIC PAINT PER CBC5.106.5.2.1. 42 (N) GAS METER. REFER TO PLUMBING DRAWINGS. PROVIDE GAS SERVICE AS REQUIRED FOR PROJECT PER UTILITY COMPANY REQUIREMENTS. VERIFY LOCATION OF GAS FACILITIES AND ON-SITE LATERALS WITH UTILITY COMPANY PRIOR TO START OF WORK. CONSTRUCT (N) P.C.C. DEPRESSED CURB RAMP OR FLARED RAMP WITH (N) TRUNCATED DOME WARNING STRIP 36” WIDE ACROSS FULL WIDTH OF WALKWAY WHERE PATH OF TRAVEL CROSSES INTO VEHICULAR WAYS PER DETAIL 3, SHEET A0-2 (1:12 MAX SLOPE). 43 GAS POINT OF CONNECTION. 44 INSTALL (N) IRRIGATION WATER SERVICE, METER AND BACKFLOW PER SITE UTILITY PLAN, IRRIGATION PLAN AND CITY STANDARDS. TEE OFF OF WATER METER. 11 PAINT (N) WHITE TRAFFIC ARROWS PER DETAIL 8, SHEET A0-1. USE EPOXY TYPE TRAFFIC PAINT. 28 45 INSTALL (N) IRRIGATION CONTROLLER. REFER TO ELECTRICAL AND LANDSCAPE DRAWINGS. 12 PAINT (N) 12” HIGH WHITE LETTERS ON PAVEMENT NEAR END OF STALL TO READ “COMPACT”. CONSTRUCT (N) DUMPSTER ENCLOSURE ON 6” THICK P.C.C. PAD (W/ “LAMP BLACK” @ 8 LBS./C.Y.) W/ #3 @ 8” O.C. E.W. (CONST. JTS. @ 12-0” O.C. APPLY LIQUID ASPHALT AT ALL JOINTS BETWEEN CONCRETE AND ASPHALT). SEE DETAILS 4, 12, 16, AND 19, SHEET A0-2. 46 INSTALL (N) 1 1/2" CONDUIT W/ PULL STRING FROM TELEPHONE COMPANY SERVICE POINT. 13 PAINT (N) 24” HIGH WHITE LETTERS ON PAVEMENT. 29 (N) MENU BOARD SENSOR LOOP AND SPEAKER PEDESTAL ( UNDER SEPARATE PERMIT ), PROVIDED BY OWNER, INSTALLED BY G.C. PER DETAILS 1, 2, AND 4, SHEET A0-3. 14 PAINT (N) 12” WIDE AND 60” LONG WHITE STRIPES ON PAVEMENT WITH 12” BETWEEN. 15 INSTALL (N) CONCRETE WHEELSTOP PER DETAIL 9, SHEET A0-1. CONSTRUCT (N) P.C.C. SIDEWALK PER DETAIL 16, SHEET A0-1. 4%-4.5% MAX SLOPE AND 1%-1.5% MAX CROSS SLOPE IN DIRECTION OF TRAVEL. NO. INSTALL (N) SITE LIGHTING. REFER TO DETAIL 11, SHEET A0-1 AND TO PHOTOMETRIC AND ELECTRICAL DRAWINGS. INSTALL (N) GREASE INTERCEPTOR. REFER TO CIVIL DRAWINGS. 19 ENTER 52 27 RADIUS TOP OF CURB DOWN TO SIDEWALK PER DETAIL 15, SHEET A0-1. EXIT ONLY NO. S.F. AREA = ______ NO. HEIGHT = ________ O.A.H. 56 51 26 INSTALL (N) 4” STEEL, CONCRETE FILLED BOLLARD PER DETAIL 12, SHEET A0-1. / / FREESTANDING MONUMENT NEW CITY SIDEWALK PER CITY STANDARDS. CONSTRUCT (N) CONCRETE SWALE PER DETAIL 7, SHEET A0-1. REFER TO CIVIL DRAWINGS. INSTALL (N) BIKE RACKS PER DETAIL 14, SHEET A0-1. THANK YOU ENTER DRIVE THRU INSTALL (N) CONCRETE TRASH RECEPTACLE SUPPLIED BY TACO BELL. PROVIDE CONCRETE BASE IN LANDSCAPED AREAS. PAINT (N) 4” WIDE WHITE PARKING STALL LINES PER CITY STANDARDS. 18 / 35 9 17 NO. NO. S.F. AREA = ______ NO. HEIGHT = ________ O.A.H. 34 10 16 NO. *REFER TO EXTERIOR ELEVATIONS DRIVE THRU B SIGNAGE NOTES: 1. ALL SIGNAGE SHALL BE PERMITTED UNDER A SEPARATE SIGN PERMIT BY VENDOR. 2. G.C. TO PROVIDE ROUGH-IN ELECTRICAL AND FOUNDATIONS FOR ALL SIGNS (U.O.N.). 3. PROVIDE CONCRETE FOUNDATION FOR FREE-STANDING POLE / MONUMENT SIGN. ROUGH ELECTRICAL: FINAL CONNECTION BY G.C. 4. G.C. TO INSTALL MENU BOARD, PREVIEW BOARD, SPEAKER POST AND SOFFIT CLEARANCE SIGN. 55 52 CONSTRUCT (N) P.C.C. CURB EDGE SIDEWALK PER DETAIL 3, SHEET A0-1. 4%-4.5% MAX SLOPE AND 1%-1.5% MAX CROSS SLOPE IN DIRECTION OF TRAVEL. TEXT = "CLEARANCE: 9'-10" C 39 NORTH 5 CLEARANCE BAR - NO. NON STD. NO. BUILDING WALL MOUNTED B 39 SIZE NO. S.F. AREA = ______ NO. HEIGHT = ________ O.A.H. DIRECTIONAL SIGN W/ LOGO A E 50 MENU / PREVIEW BOARD & SPEAKER 32 34 25'-0" TYPE 29 * 16 G 35 KEY NOTE 31 40 33 11 1466 7. ALL DIMENSIONS AND GRADES SHOWN ON THE PLANS SHALL BE FIELD VERIFIED BY THE CONTRACTOR PRIOR TO CONSTRUCTION. CONTRACTOR SHALL NOTIFY THE CONSTRUCTION MANAGER IF ANY DISCREPANCIES EXIST, PRIOR TO PROCEEDING WITH CONSTRUCTION, FOR NECESSARY PLAN OR GRADE CHANGES. NO EXTRA COMPENSATION SHALL BE PAID TO THE CONTRACTOR FOR WORK HAVING TO BE REDONE DUE TO DIMENSIONS OR GRADES SHOWN INCORRECTLY ON THESE PLANS IF SUCH NOTIFICATION HAS NOT BEEN GIVEN. 48 3 15 Design · Planning · Interiors 637 5th Avenue San Rafael, CA 94901 415-451-2500 415-451-2595 fax www.vmarch.com 47 WATER POINT OF CONNECTION. 30 INSTALL (N) TELEPHONE TERMINATION BOARD PER UTILITY COMPANY REQUIREMENTS. REFER TO ELECTRICAL DRAWINGS. 48 INSTALL (N) DOMESTIC WATER SERVICE, METER AND BACKFLOW PER SITE UTILITY PLAN AND CITY STANDARDS. (E) WATER METER. SEE CIVIL DRAWINGS. 31 (N) SOFFIT CLEARANCE SIGN ( UNDER SEPARATE PERMIT ), PROVIDED BY OWNER, INSTALLED BY G.C. PER DETAIL 6, SHEET A0-3. 49 32 (N) DOUBLE FACED ILLUMINATED DIRECTIONAL SIGN ( UNDER SEPARATE PERMIT ), PROVIDED BY SIGN SUPPLIER. G.C. TO PROVIDE ROUGH ELECTRICAL. (N) TRANSFORMER. REFER TO ELECTRICAL DRAWINGS. PROVIDE ELECTRICAL SERVICE AS REQUIRED FOR PROJECT. CONSTRUCT ELECTRICAL TRANSFORMER PAD, UNDERGROUND CONDUITS AND SPLICE BOXES PER UTILITY REQUIREMENTS. WHERE REQUIRED BY UTILITY COMPANY, PROVIDE PRIMARY/SECONDARY CONDUCTORS. VERIFY LOCATION OF ALL ELECTRICAL COMPANY REQUIRED FACILITIES WITH UTILITY COMPANY PRIOR TO START OF WORK. 33 (N) MONUMENT SIGN (UNDER SEPARATE PERMIT ), PROVIDED BY SIGN SUPPLIER. G.C. TO PROVIDE ROUGH ELECTRICAL. 50 ELECTRICAL POINT OF CONNECTION SITE PLAN KEY NOTES - C A0-0 All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. ! First ! ! ! Inc. ! Street, ! ! ! ! 707-938-9600 ! ! ! ! Net Leased Retail Investments LOCAL MAP Subject Property REGIONAL/CITY MAP Subject Property ! ! ! ! First Street, Inc.! ! ! 707-938-9600 ! ! ! ! ! ! ! Net Leased Retail Investments AREA DESCRIPTION! The subject property is located in Antioch in the eastern portion of the San Francisco Bay Area, one of the strongest investment markets in the country. The Bay Area commercial real estate market benefits from many favorable market fundamentals: a 24-hour global gateway region, proximity to world-class universities and talent, strong high-tech, bio-tech, clean tech and finance industries and geographic and political barriers to entry. Investors continue to favor the coastal market over secondary locations with few demand drivers. The subject property is in Contra Costa County which occupies the northern portion of the East Bay region and has a population in excess of 1,000,000 people. The city of Antioch is a bedroom community with an estimated population of 109,000 people and is located along the San Joaquin River Delta. Some of the top employers in Antioch include Kaiser Permanente, the Antioch Unified School District, Sutter Delta Medical Center, Wal-Mart and Target, Costco and Macy’s. Antioch has a Mediterranean climate that borders on a semi-arid climate with hot dry summers and mild, wet winters. Antioch is served by both the Antioch-Pittsburg Amtrak station and the Bay Area Rapid Transit (BART) at the nearby Pittsburg/ Bay Point Station. ! The subject property is currently being built at the northwestern corner of West 18th Street and A St. and benefits from nonstop traffic in each direction. Surrounding retailers include Grocery Outlet, Starbucks, Wells Fargo, Rite Aid, Wendys, O’Reilly Auto Parts, Autozone, Citibank and Bank of America. ! PHYSICAL IMPROVEMENT! The lot sits at the northwest corner of West 18th Street and A Street with approximately 110 feet in frontage on A Street and 170 feet in depth on West 18th Street. The building will have 1,822 sq. ft. square feet, will sit on approximately .43 acres and will have 17 parking spaces including one for handicapped customers. This wood frame construction with preengineered wood roof trusses will be built on a concrete slab. It will have a built-up, slightly sloped, membrane roof. The exterior appearance will be enhanced with decorative wood slats and multi-colored masonry. There will be a large porte cochere covering the drive through. The interior ceiling height will be 22 feet and the restaurant will have 42 seats. A central water heater will provide domestic hot water. Fire and life safety equipment will include standard fire alarm devices and controls. All information contained herein was obtained from sources deemed reliable. No warranties or representations express or implied, are made regarding the accuracy of the information contained herein and such information is submitted subject to errors, omissions and/or withdrawal without notice. All potential purchasers, lesses or sub-lessees, should satisfy themselves as to conditions of the property and the accuracy of the numbers and information provided herein. Site Map 1706 A St, Antioch, California, 94509 2 1706 A St, Antioch, California, 94509 Rings: 1, 3, 5 mile radii Prepared by Esri Latitude: 38.00554 Longitude: -121.80606 August 26, 2015 ©2015 Esri Page 1 of 1 Demographic and Income Profile 1706 A St, Antioch, California, 94509 2 1706 A St, Antioch, California, 94509 Ring: 1 mile radius Summary Prepared by Esri Latitude: 38.00554 Longitude: -121.80606 Census 2010 2015 2020 19,961 20,118 20,647 Households 6,739 6,760 6,933 Families 4,701 4,719 4,841 Population Average Household Size 2.92 2.93 2.93 Owner Occupied Housing Units 3,025 2,852 2,929 Renter Occupied Housing Units 3,714 3,908 4,004 32.5 32.9 33.4 Area State National Population Households 0.52% 0.51% 0.73% 0.74% 0.75% 0.77% Families Owner HHs 0.51% 0.53% 0.76% 0.61% 0.69% 0.70% Median Household Income 2.68% Median Age Trends: 2015 - 2020 Annual Rate 3.36% 2.66% 2015 Households by Income 2020 Number Percent Number Percent 1,031 15.3% 1,010 14.6% $15,000 - $24,999 710 10.5% 581 8.4% $25,000 - $34,999 869 12.9% 774 11.2% $35,000 - $49,999 1,041 15.4% 981 14.1% $50,000 - $74,999 1,365 20.2% 1,365 19.7% $75,000 - $99,999 800 11.8% 1,049 15.1% $100,000 - $149,999 642 9.5% 780 11.3% $150,000 - $199,999 175 2.6% 232 3.3% $200,000+ 126 1.9% 161 2.3% <$15,000 Median Household Income Average Household Income Per Capita Income $45,088 $57,563 $19,736 Census 2010 Population by Age $51,468 $64,831 $22,166 2015 2020 Number Percent Number Percent Number 0-4 1,615 8.1% 1,565 7.8% 1,610 7.8% 5-9 1,524 7.6% 1,489 7.4% 1,509 7.3% 10 - 14 1,403 7.0% 1,431 7.1% 1,512 7.3% 15 - 19 1,517 7.6% 1,320 6.6% 1,379 6.7% 20 - 24 1,566 7.8% 1,636 8.1% 1,361 6.6% 25 - 34 3,059 15.3% 3,289 16.3% 3,487 16.9% 35 - 44 2,565 12.8% 2,451 12.2% 2,793 13.5% 45 - 54 2,715 13.6% 2,544 12.6% 2,312 11.2% 55 - 64 1,887 9.5% 2,160 10.7% 2,287 11.1% 65 - 74 1,045 5.2% 1,227 6.1% 1,426 6.9% 75 - 84 743 3.7% 681 3.4% 662 3.2% 323 1.6% 325 1.6% 310 1.5% Number Percent Number Percent Number Percent White Alone 11,350 56.9% 11,054 54.9% 10,913 52.9% Black Alone 2,436 12.2% 2,423 12.0% 2,454 11.9% American Indian Alone 245 1.2% 246 1.2% 251 1.2% Asian Alone 582 2.9% 639 3.2% 712 3.4% 85+ Census 2010 Race and Ethnicity Pacific Islander Alone 2015 Percent 2020 148 0.7% 156 0.8% 167 0.8% Some Other Race Alone 3,604 18.1% 3,871 19.2% 4,269 20.7% Two or More Races 1,597 8.0% 1,729 8.6% 1,881 9.1% Hispanic Origin (Any Race) 8,240 41.3% 8,756 43.5% 9,584 46.4% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. August 26, 2015 ©2015 Esri Page 1 of 6 Demographic and Income Profile 1706 A St, Antioch, California, 94509 2 1706 A St, Antioch, California, 94509 Ring: 3 mile radius Summary Prepared by Esri Latitude: 38.00554 Longitude: -121.80606 Census 2010 2015 2020 Population 79,872 81,429 84,784 Households 26,074 26,512 27,576 Families 19,655 20,011 20,838 3.04 3.05 3.05 Owner Occupied Housing Units 15,967 15,674 16,291 Renter Occupied Housing Units 10,107 10,839 11,286 34.2 34.7 35.6 Area State National Population Households 0.81% 0.79% 0.73% 0.74% 0.75% 0.77% Families Owner HHs 0.81% 0.78% 0.76% 0.61% 0.69% 0.70% Median Household Income 3.25% Average Household Size Median Age Trends: 2015 - 2020 Annual Rate 3.36% 2.66% 2015 Households by Income 2020 Number Percent Number Percent <$15,000 2,960 11.2% 2,859 10.4% $15,000 - $24,999 2,057 7.8% 1,595 5.8% $25,000 - $34,999 2,214 8.4% 1,905 6.9% $35,000 - $49,999 3,072 11.6% 2,872 10.4% $50,000 - $74,999 4,728 17.8% 4,646 16.8% $75,000 - $99,999 3,889 14.7% 4,755 17.2% $100,000 - $149,999 5,296 20.0% 6,108 22.1% $150,000 - $199,999 1,265 4.8% 1,632 5.9% $200,000+ 1,031 3.9% 1,204 4.4% Median Household Income Average Household Income Per Capita Income $63,337 $77,750 $25,455 Census 2010 Population by Age $74,329 $86,440 $28,259 2015 2020 Number Percent Number Percent Number 0-4 5,729 7.2% 5,605 6.9% 5,788 Percent 6.8% 5-9 5,842 7.3% 5,555 6.8% 5,584 6.6% 10 - 14 6,155 7.7% 5,783 7.1% 5,832 6.9% 15 - 19 6,556 8.2% 5,704 7.0% 5,591 6.6% 20 - 24 5,811 7.3% 6,198 7.6% 5,192 6.1% 25 - 34 10,661 13.3% 12,207 15.0% 13,619 16.1% 35 - 44 10,546 13.2% 9,806 12.0% 11,085 13.1% 45 - 54 12,021 15.0% 11,050 13.6% 10,095 11.9% 55 - 64 8,784 11.0% 10,153 12.5% 10,704 12.6% 65 - 74 4,387 5.5% 5,783 7.1% 7,190 8.5% 75 - 84 2,422 3.0% 2,545 3.1% 3,037 3.6% 960 1.2% 1,040 1.3% 1,066 1.3% Number Percent Number Percent Number Percent White Alone 42,083 52.7% 41,310 50.7% 41,171 48.6% Black Alone 12,229 15.3% 12,237 15.0% 12,513 14.8% 782 1.0% 801 1.0% 830 1.0% 6,411 8.0% 7,153 8.8% 8,133 9.6% 85+ Census 2010 Race and Ethnicity American Indian Alone Asian Alone Pacific Islander Alone Some Other Race Alone Two or More Races Hispanic Origin (Any Race) 2015 2020 603 0.8% 642 0.8% 702 0.8% 11,791 14.8% 12,722 15.6% 14,171 16.7% 5,973 7.5% 6,564 8.1% 7,264 8.6% 26,896 33.7% 28,822 35.4% 31,957 37.7% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. August 26, 2015 ©2015 Esri Page 3 of 6 Demographic and Income Profile 1706 A St, Antioch, California, 94509 2 1706 A St, Antioch, California, 94509 Ring: 5 mile radius Summary Prepared by Esri Latitude: 38.00554 Longitude: -121.80606 Census 2010 2015 2020 154,201 161,159 170,166 Households 49,031 51,103 53,934 Families 37,483 39,099 41,290 3.13 3.13 3.14 Owner Occupied Housing Units 30,868 30,993 32,569 Renter Occupied Housing Units 18,163 20,110 21,365 33.5 34.1 35.0 Area State National Population Households 1.09% 1.08% 0.73% 0.74% 0.75% 0.77% Families Owner HHs 1.10% 1.00% 0.76% 0.61% 0.69% 0.70% Median Household Income 2.56% Population Average Household Size Median Age Trends: 2015 - 2020 Annual Rate 3.36% 2.66% 2015 Households by Income 2020 Number Percent Number Percent <$15,000 5,056 9.9% 4,919 9.1% $15,000 - $24,999 3,648 7.1% 2,833 5.3% $25,000 - $34,999 4,027 7.9% 3,468 6.4% $35,000 - $49,999 5,613 11.0% 5,342 9.9% $50,000 - $74,999 8,845 17.3% 8,760 16.2% $75,000 - $99,999 8,008 15.7% 9,696 18.0% $100,000 - $149,999 10,804 21.1% 12,345 22.9% $150,000 - $199,999 2,929 5.7% 3,912 7.3% $200,000+ 2,173 4.3% 2,659 4.9% Median Household Income Average Household Income Per Capita Income $68,866 $81,851 $26,103 Census 2010 Population by Age $78,152 $91,190 $29,049 2015 2020 Number Percent Number Percent Number 0-4 11,160 7.2% 11,244 7.0% 11,799 Percent 6.9% 5-9 11,706 7.6% 11,288 7.0% 11,507 6.8% 10 - 14 12,449 8.1% 11,925 7.4% 12,037 7.1% 15 - 19 12,904 8.4% 11,651 7.2% 11,505 6.8% 20 - 24 11,073 7.2% 12,315 7.6% 10,522 6.2% 25 - 34 20,708 13.4% 24,138 15.0% 27,744 16.3% 35 - 44 21,168 13.7% 20,071 12.5% 22,758 13.4% 45 - 54 23,114 15.0% 22,047 13.7% 20,315 11.9% 55 - 64 16,069 10.4% 19,296 12.0% 20,704 12.2% 65 - 74 7,951 5.2% 10,679 6.6% 13,537 8.0% 75 - 84 4,247 2.8% 4,646 2.9% 5,734 3.4% 1,652 1.1% 1,860 1.2% 2,004 1.2% Number Percent Number Percent Number Percent White Alone 75,299 48.8% 75,333 46.7% 75,850 44.6% Black Alone 25,767 16.7% 26,469 16.4% 27,377 16.1% 1,406 0.9% 1,469 0.9% 1,531 0.9% 15,069 9.8% 17,292 10.7% 19,878 11.7% 85+ Census 2010 Race and Ethnicity American Indian Alone Asian Alone Pacific Islander Alone 2015 2020 1,244 0.8% 1,368 0.8% 1,517 0.9% Some Other Race Alone 23,793 15.4% 26,176 16.2% 29,416 17.3% Two or More Races 11,623 7.5% 13,052 8.1% 14,596 8.6% Hispanic Origin (Any Race) 52,729 34.2% 57,553 35.7% 64,332 37.8% Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. August 26, 2015 ©2015 Esri Page 5 of 6