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199-201 N SUNRISE AVE., ROSEVILLE, CA Office/Data Center/Manufacturing/R&D Space For Lease

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Page 1: 199-201 - mgo-realty.com...199/201 NSA MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945 916.804.0262 MHEFNER@MGO-REALTY.COM MGO REALTY ADVISORS. 199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY

199-201N SUNRISE AVE., ROSEVILLE, CA

Office/Data Center/Manufacturing /R&D Space For Lease

Page 2: 199-201 - mgo-realty.com...199/201 NSA MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945 916.804.0262 MHEFNER@MGO-REALTY.COM MGO REALTY ADVISORS. 199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY

2409 L STREET, STE 200 SACRAMENTO, CA 95816

LEASING:

INVESTMENT ADVISORY:

916.573.3300 TURTONCOM.COM

0 1

SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]

PATRICK STELMACHDIRECTOR - LIC. [email protected]

© 2020 The information contained in the Offering memorandum is confidential and is not to be used for any other purpose or made available to other persons without the express written consent of Turton Commercial Real Estate (“TCRE”), Ken Turton or the owner. The material contained herein is based upon information supplied by owner in coordination with information provided by TCRE from sources it deems reasonably reliable. Summaries of documents are not intended to be comprehensive or all-inclusive but rather a general outline of the provisions contained herein and subject to more diligent investigation on the part of the prospective purchaser. No warranty, expressed or implied, is made by owner, TCRE or any other respec-tive affiliates, as to the accuracy or completeness of the information contained herein or any other written or aral communication provided to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communication. Without limiting the general nature of the foregoing, the information shall not be deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business affairs, specific finances or specific condition of the Property since the date of preparation of the information. Prospective purchaser shall make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, inspection and review of the Property, including but not limited to engineering and environmental inspec-tions, to determine the condition of the Property and the existence of any potential hazardous material located at the site.

199/201 NSA

MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945

916.804.0262MHEFNER@MGO-REALT Y.COM

MGO REALT Y ADVISORS

Page 3: 199-201 - mgo-realty.com...199/201 NSA MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945 916.804.0262 MHEFNER@MGO-REALTY.COM MGO REALTY ADVISORS. 199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY

199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY TO LEASE UP TO 140,000 RSF IN ROSEVILLE.

Section One: The Property

0 2

199-201 N. Sunrise Avenue is an attractive one (1)

story office/data center/manufacturing/R&D build-

ing totaling 168,555 SF located in Roseville, Cali-

fornia just two minutes from the Interstate 80 and

Douglas Boulevard freeway interchange with 8MW of

power, expandable to 16MW.

The property is a concrete tilt-up office manufac-

turing building, consisting of two (2) separate but

contiguous vacancies plus one (1) contiguous pend-

ing vacancy that are designed to accommodate a

wide variety of potential uses: office, manufacturing,

R&D, datacenter, lab space, showroom and medical.

The first availability is a ± 25,000 RSF office space

with an abundance of windowline with an adjacent

vacancy of ±26,000 RSF of additional medical office

space available November 1, 2020. There is also an

adjacent ± 87,000 RSF former datacenter building

with supporting office and warehouse space featur-

ing three (3) 1500 kVa diesel backup generators.

The property is just minutes from the Roseville

Automall, Westfield’s Galleria regional mall, The

Fountains lifestyle shopping center, both Kaiser’s

and Sutter Health’s Roseville campuses, and the

new national headquarters for Adventist Health, the

planned Sacramento State Placer Center, all of the

retail and dining options along Douglas and Eureka

Road, and is just a short drive to Downtown Sacra-

mento and the Sacramento International Airport.

199-201 N. Sunrise Avenue is the only building in

South Placer County that can offer up to 138,000 SF

of space for lease with access to amenities that em-

ployees crave, approximately 713 parking stalls, on-

site public transit stop, 8MW of power and all of the

convenience of being in the best suburb for business

in the Greater Sacramento has to offer.

THE PROPERTY

R A RE L A RGE F LOORPL AT E SPACE W I T H T REMEN DOUS P OS S IB IL I T Y

7138MW 16MW 4500kVAPARKING STALLSPOWER POWER POSSIBLE BACKUP POWER

25,000-138,000SF AVAILABLE

199/201 NSA

Page 4: 199-201 - mgo-realty.com...199/201 NSA MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945 916.804.0262 MHEFNER@MGO-REALTY.COM MGO REALTY ADVISORS. 199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY

Address: 199-201 N. Sunrise Ave., Roseville, CA

95661

APN: 048-010-021

Building Size: 168,555 RSF (0.25:1 FAR)

Zoning: PD16 - Planned Development

(Business Professional) by the City of

Roseville)

Flood Zone: Zone X - FEMA Flood Map

06061C0479G.

Earthquake Zone: Not located in Fault-Rupture Hazard

Zone

Electricity: City of Roseville

Gas: PG&E

Foundation/Exterior Walls: Slab/Tilt-Up with Masonry Veneer

Power: Three (3) 1500 kVA diesel backup

generators

8MW available, expandable to 16MW

PROPERTY FEATURES

Section One: The Property

0 50 5

Section One: The Property 199/201 NSA

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Section Two: The Location

BUILDING LOCATION

0 6

1MIN TO ROSEVILLE AUTO-MALL & DOUGLAS BLVD

9MINS TO

ROSEVILLE AMTRAK

11MINS TO BLUE

OAKS TOWN CENTER

9MINS TO

GRANITE BAY

20MINS TO

DOWNTOWN SACRAMENTO

2MINS TO

INTERSTATE 80

25MINS TO SACRAMENTO

INTERNATIONAL AIRPORT

7MINS TO

WESTFIELD GALLERIA

3MINS TO KAISER

PERMANENTE ROSEVILLE

5MINS TO ROSEVILLE &

TAYLOR ROAD PARK & RIDE

THE EPICENTER OF ROSEVILLE

199-201 N. Sunrise Avenue has a highly desirable location in Roseville with easy access to Interstate 80, multiple medical institutions, the Roseville Automall, and

shopping and dining destinations. Take advantage of a centrally located building with easy access to the best Roseville has to offer!

Roseville High School

Lincoln Estates Park

Heald College John Adams Academy

Westfield Galleria

The Fountains

False Ravine Park

Diamond Oaks Golf

Sierra View CountryClub

EUREK A RD

DOUGLAS BLVD

Sierra Gardens Park

Brandman University

Johnson-SpringviewParkVista Grande Park

Top Golf

Roseville Amtrak

Roseville TaylorPark-N-Ride

Sutter Medical

Maidu Museum

Sunrise Healthcare

N SUNRISE AVE

N

TO SACRAMENTO

199/201 NSA

Kaiser Permanente

Olympus Park

199/201 NSA is accessible from two freeway interchanges: Douglas Blvd and Eureka Road.

199-201 N Sunrise

Roseville Automall

Roseville Hospital

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Roseville is located in Placer County 405 miles

north of Los Angeles, 102 miles northeast of San

Francisco, and 16 miles north of Sacramento, the

state capital. The City of Roseville encompasses 43

square miles and 135,329 residents.

Roseville provides high quality services, competi-

tive business costs, a centralized location, solid long

range planning and an educated, growing popula-

tion. Roseville takes a holistic approach to creating

a successful business climate by providing a solid

foundation that allows companies to create, innovate

and grow.

Roseville is a vibrant and safe community with a

great quality of life and is continually recognized as

one of the top twenty safest communities in the coun-

try and is known as the retail hub of the Sacramento

region.

The residents and workforce embrace big city ame-

nities with a small-town feel, strong quality of life,

great schools, affordable housing, and over 80 parks

and recreational activities for all ages. California

State University Sacramento is planning a Placer

County campus on about 300 acres in Roseville, with

future plans to develop into a full-service university

serving thousands of students a year.

These attributes have been the keys to success for

ROSEVILLE4.9% $451,500135,329 $80,658

MEDIAN HOUSEHOLD INCOMERESIDENTS ANNUAL GROWTH RATE MEDIAN HOME VALUE

Roseville businesses as it enables them to attract and

retain the most talented employees. In addition, Ros-

eville has consistently been ranked by the Kosemont

Rose Institute as one of the least expensive Cities to

operate a business, as Roseville is a full-service city

with its own municipal electric, water, wastewater

and solid waste services.

Roseville’s utility rates average approximately 25%

less than the regions average and the electric reli-

ability is recognized nationally.

Roseville is 107% more cost effective than San

Francisco and 76% more cost effective than San

Jose.

0 8

THERE’S A REASON EVERYONE IS COMING HERE.

Section Three: Roseville 199/201 NSA

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1 0

Section Three: Roseville 199/201 NSA

SOURCE: IMAGE FROM GARY HOUSE

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Just 10 minutes from the property located in

Roseville, Sacramento is the Capitol of Califor-

nia, the fifth largest economy in the world. While

perhaps not considered as prolific as many of the

tourism-based cities in California such as San

Francisco, Los Angeles and San Diego, being the

hub of California’s governmental structure pro-

vides an incredible amount of economic stability

throughout the region. In addition, Sacramento is

being increasingly recognized as an outdoor en-

thusiast’s dream city with its remarkably central

location to Lake Tahoe, the Sierra’s, Yosemite and

the Coast.

In a recent study completed by WalletHub for

National Nutrition Month, Sacramento was ranked

the 5th healthiest city in the United States among

100 large cities (ranking higher than the likes of

Denver, Colorado Springs, San Francisco, Port-

land, Austin, San Antonio and Seattle). Forbes

magazine ranked Sacramento as the 10th health-

GREATER SAC AREA

CALIFORNIA’S FASTEST-GROWING METROPOLITAN AREA

215+ 1015.3 MILLION 71,335DAYTIME EMPLOYEESANNUAL REGIONAL VISITORS BARS / RESTAURANTS MINS FROM ROSEVILLE

iest city in the United States versus all cities. A

big part of this recognition stems from the cities’

proximity to the American River. Hiking trails and

white-water rafting abound along the American

River as well as one of Sacramento’s crown jewels

- the 32-mile American River Bike Trail which runs

entirely along the river from Beal’s State Park to

Discovery Park where it conjoins with the Sacra-

mento River to Old Sacramento on the riverfront

(only 20 blocks from the Subject Property).

1 2

Section Four: Sacramento

THERE’S A REASON EVERYONE IS COMING HERE.

199/201 NSA

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#1 Happiest workers in midsized cities

#2 Top 10 most fun, affordable U.S. cities

#4 U.S metro clean tech index

#4 Best cities for nerds

#5 Hot startup cities

#10 Best cities for women in the workforce

#10 Best cities for coffee snobs

#10 Lease Stressed-out cities

#14 America’s coolest cities

#16 Best cities for millennials

SACRAMENTO’S CITY RANKINGS

FASTER GROWTH THAN AVG IN PRO-FESSIONALS WITH BACHELORS

2013 2015 2017 2019100%

102%

104%

106%

108%

110%

SACRAMENTO DATA BITESSacramento’s relative affordability versus amenities remains one of its biggest draws. Population growth is expected

to average about 1% (20,000 annually for the region) over the next five years and is expected to outpace the national

average. Household growth continues to far outpace the rate of single-family and apartment deliveries. In recent years,

Bay Area residents have flocked to Sacramento to escape exorbitant housing costs.

1 4

Section Four: Sacramento

SACRAMENTO REGION ANNUAL SALARY BREAKDOWN:

Over $100,000 - 17%$75,000 - $100,000 - 11%

$60,000 - $75,000 - 10%$40,000 - $60,000 - 18%

$30,000 - $40,000 - 12%Under $30,000 - 32%

LARGEST EMPLOYMENT INDUSTRIES WITHIN 1 MILE RADIUS OF THE PROPERTY:

ANNUAL CONSUMER SPENDING WITHIN A ONE MILE RADIUS OF THE PROPERTY:

Entertainment

Eateries/alc.

Transport

Health & ed.

Household

20 40 60 80*Numbers in millions0

*Based on data from 2019

NUMBER OF EMPLOYEESWITHIN VARYING RADIUS OF THE PROPERTY:

1 MILE 2 3

85,223

147,025

189,518

48% Public Admin. & Sales

17% Science & Tech.

4% Information

5% Healthcare & Social

7% Hospitality & Food

19% Other

WALKSCORE:

74BIKE

SCORE:

98TRANSITSCORE:

44

199/201 NSA

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FLOOR PLANSSect ion F ive : F l oo r P lans

UNLIMITED 32 25,000-138,000RSF AVAILABLEBUILDINGS

*ALL FLOOR PLANS ARE NOT TO SCALE AND MAY NOT REPRESENT CURRENT CONDITION.

POSSIBILITIES SPACES AVAILABLE

1 6

1880 SIERRA GARDENS26,000 RSF - AVAILABLE 11/1/2020

199/201 NSA

N

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Sect ion F ive : F l oo r P lans

1 8

199 N. SUNRISE25,000 SF

199/201 NSA

N

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Sect ion F ive : F l oo r P lans

2 0

201 N. SUNRISE87,000 SF

199/201 NSA

N

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FURNITURE, FIXTURES, TECHNOLOGY AND MOVE-IN - 2 WEEKSNEGOTIATE TERMS OF LEASE - 4 WEEKS

DEVELOP SPACE NEEDS - 2 WEEKS CREATE AND REFINE SPACE PLAN - 2 WEEKS APPROVE CONSTRUCTION DRAWINGS - 2 WEEKS

EXECUTE LEASE DOCUMENT - 4 WEEKS

CONSTRUCTION - 12 WEEKS

LEASING TIMELINE:

2 2

LEASING TIMELINEA V I S U A L I Z A T I O N O F T H E L E A S I N G P R O C E S S A H E A D

Section Six: Leasing Timeline

THE CITY OF ROSEVILLE HAS AN EXPEDITED PLAN REVIEW PROCESS FOR TENANT IMPROVEMENTS.

199/201 NSA

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2409 L STREET, STE 200 SACRAMENTO, CA 95816

916.573.3300 TURTONCOM.COM

SCOTT KINGSTONVICE PRESIDENT - LIC. 01485640916.573.3309SCOT [email protected]

2 4

PATRICK STELMACHDIRECTOR - LIC. [email protected]

© 2020 The information contained in the Offering memorandum is confidential and is not to be used for any other purpose or made available to other persons without the express written consent of Turton Commercial Real Estate (“TCRE”), Ken Turton or the owner. The material contained herein is based upon information supplied by owner in coordination with information provided by TCRE from sources it deems reasonably reliable. Summaries of documents are not intended to be comprehensive or all-inclusive but rather a general outline of the provisions contained herein and subject to more diligent investigation on the part of the prospective purchaser. No warranty, expressed or implied, is made by owner, TCRE or any other respec-tive affiliates, as to the accuracy or completeness of the information contained herein or any other written or aral communication provided to a prospective purchaser in the course of its evaluation of the Property. No legal liability is assumed or to be applied in connection with the information or such other communication. Without limiting the general nature of the foregoing, the information shall not be deemed a representation of the state of affairs of the Property or constitute an indication that there has been no change in the business affairs, specific finances or specific condition of the Property since the date of preparation of the information. Prospective purchaser shall make their own projections and conclusions without reliance upon the materials contained herein and conduct their own independent due diligence, inspection and review of the Property, including but not limited to engineering and environmental inspec-tions, to determine the condition of the Property and the existence of any potential hazardous material located at the site.

MARK HEFNERCEO & SHAREHOLDER - LIC. 00823945

916.804.0262MHEFNER@MGO-REALT Y.COM

MGO REALT Y ADVISORS

LEASING:

INVESTMENT ADVISORY:

199/201 NSA

Page 15: 199-201 - mgo-realty.com...199/201 NSA MARK HEFNER CEO & SHAREHOLDER - LIC. 00823945 916.804.0262 MHEFNER@MGO-REALTY.COM MGO REALTY ADVISORS. 199-201 N. SUNRISE AVE. IS THE ONLY OPPORTUNITY