professional office space for lease€¦ · corey martin / principal 858.935.4190...

11
Corey Martin / Principal 858.935.4190 [email protected] CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 [email protected] CalBRE # 01917622 Cody Lerner / Associate 951.267.2752 [email protected] CalBRE # 01994966 Stan Nowak /Principal 951.267.2660 [email protected] CalBRE # 01461162 Avison Young San Diego // 4655 Executive Drive, Suite 325 // San Diego, California 92121 // avisonyoung.com // 858.201.7070 LEASING ADVISORS: 28765 Single Oak Drive // Temecula // CA 92590 PROFESSIONAL OFFICE SPACE FOR LEASE

Upload: others

Post on 30-Sep-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

Corey Martin / [email protected] # 01426367

Matt Shaw / Senior [email protected] # 01917622

Cody Lerner / [email protected] # 01994966

Stan Nowak /[email protected] # 01461162

Avison Young San Diego // 4655 Executive Drive, Suite 325 // San Diego, California 92121 // avisonyoung.com // 858.201.7070

LEASING ADVISORS:

28765 Single Oak Drive // Temecula // CA 92590

PROFESSIONAL OFFICE SPACE FOR LEASE

Page 2: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 2

28765 Single Oak Drive // Temecula // CA 92590

Temecula Oaks is a two-story, 33,306 square foot professional office building located within the prestigious Rancho California Business Park. Excellent location at the corner of Rancho California Road and Business Park Drive gives this property excellent access to the I-15 freeway and numerous retail and professional services.

• Professional office space available from approx. 2,310 SF

• Convenient access to I-15 via Rancho California Road

• Newly renovated common areas

• Excellent parking ratio in excess of 4.5 per 1,000 SF

• High speed data transfer available

• Highly flexible floor plans and suite sizes

• Extensive window line ensures high ratio of window-lined offices

• Fully mature landscaping

• Build-to-suit option available

• Located next to future Home 2 Suites by Hilton hotel

BUILDING HIGHLIGHTS

Page 3: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 3

28765 Single Oak Drive // Temecula // CA 92590

CURRENT AVAILABILITY1st Floor

2nd Floor

SUITE SF LEASE RATE COMMENTS

120 ~2,310Call for pricing

Build-to-Suit

SUITE SF LEASE RATE COMMENTS

FULLY LEASED

Building Entrance

Two-Story Lobby

Page 4: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 4

28765 Single Oak Drive // Temecula // CA 92590

FIRST FLOOR

LEASED

LEASED LEASED

OPEN OFFICECLOSET

WORK /BREAKROOM

CONFERENCEROOM

RECEPTION

SUITE 120 2,310 RSF

LEASED

Page 5: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 5

28765 Single Oak Drive // Temecula // CA 92590

Santa CatalinaIsland

Santa Monica

Pasadena

Pomona

Riverside

San Bernardino

Redlands

Moreno Valley

Perris

Temecula

VistaOceanside

Carlsbad

Ramona

Julian

Pine Valley

Ocotillo Wells

Salton City

Desert Shores

WarnerSprings

Aguanga

Anza

La QuintaCoachella

Palm Desert Indio

Palm Springs

Cathedral City

Pala

Ocotillo

JacumbaHot Springs

Plaster CityAlpine

Chula Vista

La MesaEl Cajon

Escondido

Hemet

San Jacinto

BeaumontBanning

Yucca Valley

Pioneertown

Desert HotSprings

TwentyninePalms

Menifee

Murrieta

Lake ElsinoreIrvine

Costa Mesa

Dana Point

San Clemente

Anaheim

Long Beach

Torrance

LOS ANGELES

SAN DIEGO

San ClementeIsland

Mt SanAntonio

San GorgonioMountain

Mt San Jacinto

PalomarMountain

ClevelandNational Forest

Joshua TreeNational Park

SaltonSea

Big Bear Lake

Paci�c Ocean

Anza-BorregoDesert

State Park

San BernardinoNational Forest

15

15

10

10

10

10

15

15

5

8

8

5

5

110

710

215

215

210

210

405

405

405

605

805

60

18

91

74

78

52

125

94

94

78

79

79

74

74

62

86

111

371

76

73

1

101

241

The city of Temecula is centrally located in Southern California with easy access to Los Angeles, Orange County and San Diego metro markets. Located in close proximity to the I-15 and I-215 interchange, Temecula Oaks is situated on the corner of Rancho California Road and Business Park Drive. This prominent location provides both easy access to the I-15 interchange via Rancho California Road and convenient access to numerous retail shopping, dining and financial services.

LOCATION15

15

15

215

Win

ches

ter R

oad

Diaz Road

Busin

ess Park D

rive

Ynez Road DePortola Road

Murri eta Hot Springs R oad

Butter�eld Stage Road

Nutmeg Street

Los Alam

os Road

Hancock Avenue

Calif

orni

a Oak

s Roa d

Pauba Ro ad

La Se

rena Way

Meadows Parkw

ay

Nicholas Road

Whit ewood Road

Adams Road

Je�erson Avenue

Pourroy Road

Temecula Parkway

Pechanga Parkway

Vail R

anch Parkway

Anza Road

Rancho California Road

Margarita Ro ad

MURRIETA

TEMECULA

SantaMargaritaEcological

Reserve

Page 6: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 6

28765 Single Oak Drive // Temecula // CA 92590

Rancho California Road and Business Park Drive6,002 ATD (2013)

Rancho California Road at Diaz Road11,899 ATD (2013)

Source: City of Temecula

TRAFFIC COUNTS

DIAZ ROAD

1

2

RANCHO CALIFORNIA ROAD

BUSINESS PARK DRIVE

SINGLE OAK DRIVE

BUSINESS PARK DRIVE

1

2

PLANNED

Page 7: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 7

28765 Single Oak Drive // Temecula // CA 92590

1

23

4

5

YNEZ ROAD

DIAZ ROAD

RANCHO CALIFORNIA ROAD

79

15

15

MARGARITA ROAD

BUSINESS PARK DRIVE

NEARBY AMENITIESOld Town Temecula

Tower Plaza Center

Temecula Town Center

Palm Plaza

Promenade Mall

Starbucks // Front Street Bar & Grill // The Edge Restaurant // Mad Madeline’s // The Bank Mexican Restaurant // City Hall // Numerous Antique Stores

Chili’s // Black Angus // Big Lots // Michael’s // Bank Of America // Pacific Western Bank // Pacific Trust Bank // Del Taco // Ultra Star Cinemas //Armstrong Garden Center

Target // Vons // CVS // Claim Jumper // Home Goods // Rubio’s // Daphne’s Greek Restaurant // Starbucks // Style For Less // 24 Hour Fitness // Subway //Golden Spoon

Kmart // Food For Less // Hobby Lobby // Pier One Imports // Union Bank // See’s Candy // Rent A Car // TJ Maxx

Macy’s // JCP // Sears // P.F. Changs // Lazy Dog // The Yard House // California Pizza Kitchen // Islands Restaurant // Romano’s Macaroni Grill // TGI Firdays // Cosi’s // Red Robin // Souplantation // Office Depot // Party City // Petco // Barnes & Noble // Men’s Warehouse // Costco // Red Lobster // Starbucks // El Torito // JoAnn // Buy Buy Baby

2

3

4

5

1

Page 8: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 8

28765 Single Oak Drive // Temecula // CA 92590

CITY OF TEMECULA“The Valley has a wide range of new shopping, dining and recreational options, a diverse choice of housing and a world-class educational system”.

Balloon Rides

Old Town

City Hall

City Highlights* • Temecula is ranked one of America’s safest

cities and one of only 12 cities in California to receive an “A” in air quality

• Temecula Unified School District test scores rank in the top 20% of California

• Conveniently located about 1 hour from Orange County and Palm Desert and 1.5 hours from Los Angeles

• Casual, picturesque, Temecula Valley is situated within Southwest Riverside County and has ideal weather conditions with clear skies and cool breezes

• Temecula is well known for its championship gold courses, a climate perfect for serene and beautiful not-air ballooning adventures and award-winning wineries nestled in 3 acres of picturesque wine country

• Located in the heart of Temecula, the Old Town district blends historic building with over 640 antique dealers, unique shopping and restaurants

• Old Town Temecula is the site of many special events including car shows, semi-annual Rod Runs, Western Days and summer weekend entertainment

• The Promenade Mall and Power Center offers the convenience of large department store shopping at its best

• Just south of Temecula, the Pechanga Tribe of American Indians operates the Pechanga

Resort and Entertainment Center where visitors can enjoy gaming, boxing and concerts

• Rates one of 60 least expensive cities to operate a business in the US and one of 20 in California and one of 4 in Riverside County

DemographicsThe population in Temecula is estimated to change from 100,097 to 108,450 residents, resulting in a growth of 9.3% between 2010 and 2013. Over the next five years, the population is projected to grow by 8.7%• The number of households in Temecula are

estimated to change from 31,774 to 33,535, resulting in an increase of 5.5% between 2010 and 2013. Over the next five years, the number of households is projected to increase by 7.6%

• The average household income is estimated to be $80,729 for 2014, while the average household income for the United State is estimated to be $71,320 for the same time frame

• Currently, it is estimated that 7.5% of the population ate 25 and over in Temecula had earned a Master’s Degree, 1.4% had earned a Professional School Degree, 1.3% had earned a Doctorate Degree and 18.7% had earned a Bachelor’s Degree

* Source: Neilson and City of Temecula, Speer Consulting, Claritas and City of Murrieta

Page 9: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 9

28765 Single Oak Drive // Temecula // CA 92590

The Temecula area has attracted a large number of employers in a variety of industries, businesses and organizations.

TOP EMPLOYERS IN TEMECULA

Abbot Vascular

Professional Hospital Supply

International Rectifier

Millipore

Southwest Traders

Temecula Valley Unified School District

Airbus DC Communications

Cryoquip

Millgard Windows

Scott’s

Page 10: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 10

28765 Single Oak Drive // Temecula // CA 92590

TEMECULA // MURRIETA VALLEYWork Force

The Murrieta / Temecula Twin Cities area has emerged as a center for job growth due to the migration of new residents to this are from neighboring San Diego. As is common in newly developing ares of Southern California, this and initially caused the growth of retail and other population - serving businesses to grow in the community. The City of Murrieta - in conjunction with the City of Temecula - have since

begun to undertake a proactive joint program to attract additional high technology firms and advanced manufacturing firms to the Twin Cities area. These efforts have been suppurated by the proximity to San Diego, the high quality of life, the affordable housing, affordable land and buildings, the highly acclaimed school system, the well-educated work force as well as the moderating effect of the sea breezes passing over the mountains between Southwest Riverside County and San Diego compared to other inland areas.According to a report prepared by the firm of Economics and Politics, Inc. in 2013, the average pay per worker in the area is below levels in neighboring San Diego. The area’s pay per worker was $28,876. This contrasts favorably with the San Diego County figure of $49,084.

Incentives and Business Support Services*No Utility Use TaxThere is no utility tax including electric, telephone, cellular, gas and water for businesses located in Temecula.

Business Retention ProgramTemecula’s Business Retention Program includes site visitations to local businesses on a regular basis. City and Temecula Chamber representatives meet with businesses and learn more about the company and it also provides an opportunity for the committee to

respond to any questions the company may have. Information on labor / education needs and available training programs that can be utilize as well as business issues relating to city services, permits and city programs are discusses.

Industrial Development Bonds (IDBs)Industrial Development Bonds (IDBs) are tax-exempt securities issued up to $10 million by a governmental entity to provide money for the acquisition, construction, rehabilitation and equipping of manufacturing and processing facilities for private companies. IDBs can be issued by

cities, counties, joint powers authorities (like CEDA) and the State. Bank IDBs can be used to fund the acquisition or development of manufacturing facilities. The IDBs application and review process has been greatly streamlined in California, with monthly project approvals and no location restrictions.

Foreign Trade ZoneThe City of Temecula is located within San Diego’s Foreign Trade Zone designation. Foreign Trade Zones (FTZx) were created in the United State to provide special customs procedures to U.S. Plants engaged in international trade-related activities. Manufacturers locating in FTZs do not have to pay import duties on goods brought into the zones unless they are exported to the Unites State and do not have to pay import taxes

on the increased value of the goods added by labor in the U.S. which can potentially save companies millions of dollars annually die to the reduced fees, taxes and tariffs on goods brought into the U.S.

San Diego Innovation HubTemecula is part of San Diego’s Innovation Hub! The California Governor’s Office of Economic Development (GoED) recently announced the San Diego Innovation Hub or San Diego “iHub” has been expanded to include Murrieta, Temecula and Southwest Riverside, along with the City of Riverside and the University of California Riverside in this zone.The new expanded San Diego iHub creates a combined technology

corridor which is anchored on the south by San Diego and on the north by the University of California Riverside. This designation reflects the economic advantages of the Twin Cities, including the highly educated workforce, the area’s highly rated schools, the quality of life and the availability of affordable land and buildings along the freeways for new industrial growth.

* Source: Speer Consulting, Neilson and City of Temecula

Page 11: PROFESSIONAL OFFICE SPACE FOR LEASE€¦ · Corey Martin / Principal 858.935.4190 corey.martin@avisonyoung.com CalBRE # 01426367 Matt Shaw / Senior Associate 951.267.2757 matt.shaw@avisonyoung.com

PAGE 11

28765 Single Oak Drive // Temecula // CA 92590

LEASING ADVISORS:

Corey [email protected] # 01426367

Matt ShawSenior [email protected] # 01917622

Cody [email protected] # 01994966

Stan [email protected] # 01461162

Avison Young San Diego4655 Executive Drive, Suite 325San Diego, California 92121avisonyoung.com | 858.201.7070

©2017 Avison Young Commercial Real Estate Southern California Inc. All rights reserved. The above statement was made based upon information furnished to us by the owner or from sources we believe are reliable. While we do not double its accuracy, we have not verified it and we do not make any guarantee, warranty or representation about it. The property offered is subject to prior sale, lease, change of price or withdrawal from the market without notice.