nwc i-880 & hwy 237 + milpitas€¦ · ca re license #01746896 ±18,000 square feet available...
TRANSCRIPT
![Page 1: NWC I-880 & HWY 237 + MILPITAS€¦ · CA RE License #01746896 ±18,000 square feet available ±20,250 ... Ashley Home Furniture. + Rare existing major retail space available for](https://reader036.vdocument.in/reader036/viewer/2022071213/6038e5e8e03dc24b593c3380/html5/thumbnails/1.jpg)
Matt Sweeney +Managing [email protected] RE License #01746896
±18,000 square feet available
±20,250 square feet available
2 Retail Anchor Spaces Available:
Former DSWFormer Michael’s
NWC I-880 & HWY 237 + MILPITAS
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NEWMARK CORNISH & CAREY - RETAIL
Project highlights +
02
was built in 1995 and was one of the original power cen-ters built in the South Bay (Silicon Valley). The Shop-ping Center is located at the convergence of two of the region’s major freeways. Interstate 880 and Highway 237. The center consists of 265,830 square feet of retail space along with Wal-Mart and a newly opened (2015) Wal-Mart neighborhood market. Existing major tenants include Best Buy, Ross, PetSmart, Dollar Tree, Michaels, and Ashley Home Furniture.
+ Rare existing major retail space available for immediate
occupancy
+ Fortune Magazine (2015) ranks Milpitas as the number
8 fastest growing city in America
+ Strong demographics
• Average Household Income is $117,454 within 5
mile radius
• Population
5 mile Radius 261,829
10 Minute drive time 529,445
• Daytime population
5 miles 421,437
10 minute drive time 654,927
• Population Growth
• Milpitas:
4,525 Units Approved, 2,228 Units
Pending, 1,706 Units Pre-Application
• North San Jose:
29,000 planned housing units with 3,200 rental
• Traffic Counts
I-880: ±205,000 ADT
Hwy 237: ±130,000 ADT
+ Project highlights
MCCARTHY RANCH
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NEWMARK KNIGHT FRANK 03
ALAMO
BLACKHAWKCAMINO TASSAJARA
DIABLO
RICHMOND
EL CERRITO
MORAGA
ORINDA
HILL
SAN RAMON
WALNUTCREEK
BELVEDERE
CORTEMADERA
SAUSALITO
STRAWBERRY
SAN FRANCISCO
PALO ALTO
BELMONT
BRISBANEDALYCITY
EASTPALO ALTO
EL GRANADA
HALFMOON BAY
SAN MATEO
MILLBRAE
MONTARA
PACIFICA
PORTOLAVALLEY
REDWOODCITY
SOUTH SAN FRANCISCO
WOODSIDE
CAMPBELL
CUPERTINO
LOS ALTOS
LOS GATOS
MILPITAS
MOUNTAINVIEW
SAN JOSE
SANTACLARA
SARATOGA
SUNNYVALE
ALAMEDA
BERKELEY
CASTROVALLEY
DUBLIN
EMERYVILLE
FREMONT
HAYWARD
LIVERMORE
OAKLAND
PIEDMONT
PLEASANTON
SANLEANDRO
SUNOL
UNION CITY
Bay area map +
Major Tenant Space
AVAILABLENwv I-880 & Hwy 237 / Milpitas
Bay area map +
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NEWMARK KNIGHT FRANK 04
Close up aerial +
205,000 ADT
130,000 ADT
33,330 A
DT
35,050 ADT
11,0
57 A
DT
24,646 ADT
McC
arth
y Blv
d
N McCarthy Blvd
Ranch D
r
Technology Dr
Bellew Dr
Barbe
r Ln
205,000 ADT
130,000 ADT
33,330 A
DT
35,050 ADT
11,0
57 A
DT
24,646 ADT
McC
arth
y Blv
d
N McCarthy Blvd
Ranch D
r
Technology Dr
Bellew Dr
Barbe
r Ln
Close up aerial +
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NEWMARK KNIGHT FRANK 05
Competition map +
SANTA CLARA SQUARE(under construction)
MILPITAS TOWN CENTER
PACIFIC COMMONS/THE BLOCK
GREAT MALL
@ FIRST RETAIL
MERCADO
RELATED SANTA CLARA(Future Development)
RIVERMARK VILLAGE
SPROUTS @ BROKAW
Gre
at A
me
rica
Pk
wy
Lick Mill B lvd
Lafayette St
Agnew Rd N 1st St
Montague Expy
Trimble R
d
Hostette
r Rd
yp
xE
ec
ner
wa
L
Zanker R
d
Ma
in S
t
tS
le
bA
N
tS
le
bA
S
Warm
Springs B
lvd
Calaveras Blvd
Jacklin Rd
Warren Ave
Auto Mall Pkwy
S Grimmer Blvd
Fre
mo
nt
Blv
d
Cushing Pkwy
McC
art
h y B
lvd
Tasman Dr
N Capitol Ave
Ma
thil
da
Ave N
Wo
lfe
Rd
E Duane Ave
Steward Dr
E Arques Ave
E Caribbean Dr
Java Dr
evA
yd
nu
L
Sierra Rd
Milpitas B
lvd
Park Victoria D
r
Yosemite Dr
Landess Ave
Cropley Ave
Piedm
ont Rd
Murphy R
d Penite ncia Creek R d
20
5,0
00
AD
T
178,000 ADT
140,000 ADT130,000 ADT
130,000 AD
T
164
,00
0 AD
T
183,000 ADT
50,835 ADT
Gre
at A
me
rica
Pk
wy
Lick Mill B lvd
Lafayette St
Agnew Rd N 1st St
Montague Expy
Trimble R
d
Hostette
r Rd
yp
xE
ec
ner
wa
L
Zanker R
d
Ma
in S
t
tS
le
bA
N
tS
le
bA
S
Warm
Springs B
lvd
Calaveras Blvd
Jacklin Rd
Warren Ave
Auto Mall Pkwy
S Grimmer Blvd
Fre
mo
nt
Blv
d
Cushing Pkwy
McC
art
h y B
lvd
Tasman Dr
N Capitol Ave
Ma
thil
da
Ave N
Wo
lfe
Rd
E Duane Ave
Steward Dr
E Arques Ave
E Caribbean Dr
Java Dr
evA
yd
nu
L
Sierra Rd
Milpitas B
lvd
Park Victoria D
r
Yosemite Dr
Landess Ave
Cropley Ave
Piedm
ont Rd
Murphy R
d Penite ncia Creek R d
20
5,0
00
AD
T
178,000 ADT
140,000 ADT130,000 ADT
130,000 AD
T
164
,00
0 AD
T
183,000 ADT
50,835 ADT
Competition m
ap +
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NEWMARK KNIGHT FRANK 06
Groceries map +
MILPITAS TOWN CENTER
PACIFIC COMMONS/THE BLOCK
SPROUTS @ BROKAW
MERCADO
RIVERMARK VILLAGE
SANTA CLARA SQUARE(under construction)
NORTH PARK PLAZA
CALAVERAS PLAZASHOPPING CENTER
MARINAGROCERY
OCEAN SUPERMARKET
Gre
at A
me
rica
Pk
wy
Lick Mill B lvd
Lafayette St
Agnew Rd N 1st St
Montague Expy
Trimble R
d
Hostette
r Rd
yp
xE
ec
ner
wa
L
Zanker R
d
Ma
in S
t
tS
le
bA
N
tS
le
bA
S
Warm
Springs B
lvd
Calaveras Blvd
Jacklin Rd
Warren Ave
Auto Mall Pkwy
S Grimmer Blvd
Fre
mo
nt
Blv
d
Cushing Pkwy
McC
art
h y B
lvd
Tasman Dr
N Capitol Ave
Ma
thil
da
Ave N
Wo
lfe
Rd
E Duane Ave
Steward Dr
E Arques Ave
E Caribbean Dr
Java Dr
evA
yd
nu
L
Sierra Rd
Milpitas B
lvd
Park Victoria D
r
Yosemite Dr
Landess Ave
Cropley Ave
Piedm
ont Rd
Murphy R
d Penite ncia Creek R d
20
5,0
00
AD
T
178,000 ADT
140,000 ADT130,000 ADT
130,000 AD
T
164
,00
0 AD
T
183,000 ADT
50,835 ADT
Gre
at A
me
rica
Pk
wy
Lick Mill B lvd
Lafayette St
Agnew Rd N 1st St
Montague Expy
Trimble R
d
Hostette
r Rd
yp
xE
ec
ner
wa
L
Zanker R
d
Ma
in S
t
tS
le
bA
N
tS
le
bA
S
Warm
Springs B
lvd
Calaveras Blvd
Jacklin Rd
Warren Ave
Auto Mall Pkwy
S Grimmer Blvd
Fre
mo
nt
Blv
d
Cushing Pkwy
McC
art
h y B
lvd
Tasman Dr
N Capitol Ave
Ma
thil
da
Ave N
Wo
lfe
Rd
E Duane Ave
Steward Dr
E Arques Ave
E Caribbean Dr
Java Dr
evA
yd
nu
L
Sierra Rd
Milpitas B
lvd
Park Victoria D
r
Yosemite Dr
Landess Ave
Cropley Ave
Piedm
ont Rd
Murphy R
d Penite ncia Creek R d
20
5,0
00
AD
T
178,000 ADT
140,000 ADT130,000 ADT
130,000 AD
T
164
,00
0 AD
T
183,000 ADT
50,835 ADT
Groceries map +
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NEWMARK KNIGHT FRANK 07
Site plan +
Space 136: ±18,000 SF
Space 158: ±20,250 SF
2 Retail Anchor Spaces Available:
SITE BOUNDARY
183185
179
181
139137
135133
131
127
125
Bank of AmercaATM
RANCH DRIVE
NIMITZ FREEWAY
MCCARTHY BLVD
880
To Southbay Freeway 237
6351,250 sf
15 & 1746,000 sf
111A31,610 sf
15323,780 sf
17525,416 sf
23927,000 sf
25111,000 sf
= Available
Site plan +
+18,000 SF
Space 136
+20,250 SF
Space 158
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NEWMARK KNIGHT FRANK 08
136 Ranch Drive +
Major Tenant Space Available
18,000 SFNwv I-880 & Hwy 237 / Milpitas
Freeway Visible Pylon Signage Available
136 Ranch D
rive +
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NEWMARK KNIGHT FRANK 09
158 Ranch Drive +
Major Tenant Space Available
20,250 SFNwv I-880 & Hwy 237 / Milpitas
Freeway Visible Pylon Signage Available
158 Ranch D
rive +
![Page 10: NWC I-880 & HWY 237 + MILPITAS€¦ · CA RE License #01746896 ±18,000 square feet available ±20,250 ... Ashley Home Furniture. + Rare existing major retail space available for](https://reader036.vdocument.in/reader036/viewer/2022071213/6038e5e8e03dc24b593c3380/html5/thumbnails/10.jpg)
NEWMARK KNIGHT FRANK 010
Mileage map +DEMOGRAPHICS (2015) 1 MILE 3 MILES 5 MILES
2015 Total Population 11,725 139,738 261,829
2020 Total Population 12,599 152,625 285,355
Total Daytime Population 14,608 243,824 421,437
Total Employees 10,210 205,333 347,906
Median Age Total Population 35.1 35.3 36.4
Total Households 2,826 45,570 83,604
Total Occupied Housing Units 2,826 45,570 83,604
Total Owner Occupied Housing Units 1,831 22,272 47,868
Total % Owner Occupied Housing Units 64.8% 48.9% 57.3%
Average Household Income $114,850 $121,280 $117,454
Median Household Income $110,589 $109,384 $105,718
Per Capita Income $31,401 $39,904 $37,718
Pop 25 yrs + 4+ yrs College 3,305 51,699 90,784
% Pop 25 yrs + 4+ yrs College 39.8% 52.4% 49.3%
% White Collar Occupations 65.0% 71.0% 69.6%
% Blue Collar Occupations 35.0% 29.0% 30.4%
Average Household Size 3.2 3.0 3.1
237
87
85
82
880
680
101
ALUM ROCK
MILPITAS
MOUNTAINVIEW
SANTA CLARA
SUNNYVALE
SAN JOSE
ALUM ROCK
MILPITAS
MOUNTAINVIEW
SANTA CLARA
SUNNYVALE
SAN JOSE
5 Miles 3 Miles 1 Miles
Mileage m
ap +
MAJOR LOCAL CORPORATIONS:
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NEWMARK KNIGHT FRANK 011
Drivetime map +
237
87
85
82
880
680
101
ALUM ROCK
MILPITAS
MOUNTAINVIEW
SANTA CLARA
SUNNYVALE
SAN JOSE
ALUM ROCK
MILPITAS
MOUNTAINVIEW
SANTA CLARA
SUNNYVALE
SAN JOSE
5 Min.
7 Min.
10 Min.
Commute Drive Times
McCarthy RanchMarketplaceMilpitas
DEMOGRAPHICS (2015) 5 MINUTES 7 MINUTES 10 MINUTES
2015 Total Population 110,737 215,669 529,445
2020 Total Population 120,847 235,054 576,642
Total Daytime Population 214,084 356,167 654,927
Total Employees 183,371 296,057 503,975
Median Age Total Population 35.2 35.8 35.3
Total Households 36,138 70,061 172,676
Total Occupied Housing Units 36,138 70,061 172,676
Total Owner Occupied Housing Units 17,226 38,531 87,783
Total % Owner Occupied Housing Units 47.7% 55.0% 50.8%
Average Household Income $119,264 $117,203 $107,421
Median Household Income $108,883 $105,480 $93,515
Per Capita Income $39,347 $38,441 $35,311
Pop 25 yrs + 4+ yrs College 40,936 75,887 163,285
% Pop 25 yrs + 4+ yrs College 52.3% 49.8% 45.0%
% White Collar Occupations 69.9% 70.5% 66.5%
% Blue Collar Occupations 30.1% 29.5% 33.5%
Average Household Size 3.0 3.0 3.0
Drivetim
e map +
MAJOR LOCAL CORPORATIONS:
![Page 12: NWC I-880 & HWY 237 + MILPITAS€¦ · CA RE License #01746896 ±18,000 square feet available ±20,250 ... Ashley Home Furniture. + Rare existing major retail space available for](https://reader036.vdocument.in/reader036/viewer/2022071213/6038e5e8e03dc24b593c3380/html5/thumbnails/12.jpg)
The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
Newmark Knight Frank, 2804 Mission College Blvd, Suite 120, Santa Clara, CA 95054 | 08-0631•05/18
Matt Sweeney +Managing [email protected] RE License #01746896