Some like it hot.choose chico

Your Chico hosts:

Audrey Taylor

Chabin Concepts, Inc.

2515 Ceanothus Ave, Ste 100

Chico, CA 95973

(530) 345-0364 x27

audrey@chabinconcepts.com

Bill Brouhard

Guillon Brouhard Real Estate

2550 Lakewest Dr, Ste 50

Chico, CA 95928

(530) 879-4420

bill@gbrealestate.net

Contact Bill Brouhard Office (530) 893-1277 Direct (530) 879-4420 Cell (530) 624-0951 Bill@GBrealestate.net DRE# 01023004

SALE OR LEASE 6 ACRE 100,000 SF

NOR-CAL HIGH HAZARD GROUP H-2 & H-3

MANUFACTURING FACILITY

2550 Lakewest Drive, Suite 50, Chico, CA 95928

2644 Hegan Lane, Chico, CA 95928

SUMMARY 2644 HEGAN LANE, CHICO, CA. 6 Acre 100,000 SF Concrete tilt-up facility designed and constructed for High Hazard Manufacturing and Warehousing ~ Offices, Lab and specialized hazardous materials handling and containment (Group H-2 and H-3 occupancies). Offered for Lease at $.28/SF NNN; Sale $4,750,000

SFH3 High Hazard Group 34,800 B2 Warehouse/Assemby 21,600 B2 Warehouse/Assembly 24,498 H2 High Hazard Group 11,200 B2 Office/Lab 7,902

Total 100,000 Parcel Land Area 261,360

FAR 38%

GROUP OCCUPANCY SUMMARY

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AP# 039-620-001Zoned Light Manufacturing (ML)Fully Sprinklered24' Clear Height2,000 AMP; 480v 3 Phase4 Grade Level Doors4 Recessed Dock Doors84 On Site Parking StallsCity of Chico Sewer/SDAll Underground UtilitiesYear Built 1990Fiber to SiteFlood Zone X (No Hazard)

FEATURE SUMMARY

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2644 HEGAN LANE, CHICO CA

Hegan Lane Frontage Business Park Entry

Otterson Drive Entrance

Located in the Hegan Lane Business Park, Chico’s largest and most successful industrial region with over 1.1 Million SF of Light Industrial Manufacturing, R&D, Warehouse, Flex and Back Office Space. United Parcel Service main hub is located in the Business Park.

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LOCATION SUMMARY – WHY CHICO SKILLED & AVAILABLE LABOR Chico is the regional hub for Northern California, 90 miles north of Sacramento, with a 220,000 labor force draw. Home to CSU, Chico, the area has a high percentage of quality workers trained in manufacturing. Lower wage rates are one factor contributing to Chico’s status as a low-cost place to do business in California. Other factors include: • Low turnover rates, longevity (10 years+), high productivity rating • Average commute of 18 minutes • High retention of creative talent due to quality of life appeal • Training and recruitment assistance for employees at all levels • Affordable living for employees

CENTRAL WEST COAST LOCATION • State Hwy 99 runs through Chico (1.6 miles

from site) • Interstate 5 (20 miles from site) • 90 Miles to Sacramento via Hwy 99

HIGHER ED • CSU, Chico (public)

Bachelor’s, Master’s. Relevant programs: manufacturing, engineering, computer science, chemistry, cellular and molecular biology. 16,159 FTE.

• Butte Community College (public) Associate’s, certificates, employee training. Relevant programs: business, computer science, drafting, welding. 12,163 total enrollment.

INCENTIVE OPPORTUNITIES Electricity • PG&E Economic Development Rate

12% rate reduction over 5 years (min. 200 kW usage) for qualified applicants

State Taxes • California Competes Income Tax Credit

Negotiated tax credit offered by GO-Biz; $150 million available in 2014/15. Local representatives can assist with State Tax Credit and PG&E applications.

• Sales Tax Exemption Reduces state sales tax from 7.5% to 3.31% for some manufacturing and R&D equipment

Permitting • Fast track permitting

City of Chico offers fast-track permitting Workforce • AFWD

Local workforce development agency (AFWD) will assist in identifying, searching, screening and interviewing qualified candidates for positions — handling all HR responsibilities.

• On-the-Job Training (OJT) New employees could be eligible for OJT contracts; a savings of 50% of their wages during their training period.

• North Valley Lean Local manufacturers and Butte College’s The Training Place collaborate on training and implementing lean practices through this group.

AIR QUALITY • Cooperative single-county district

(Butte County AQMD) • Permitting typically 15-30 days • Marginal Non-Attainment Area (Ozone) • Pre-permit meetings encouraged

4 Contact Bill Brouhard Cell (530) 624-0951 - Bill@GBrealestate.net

COMMUNITY COMPARISON

COMMUNIY COMPARISON Chico Oakland San Jose Santa Rosa SunnyvaleCost of Living Index (US = 100) 120 127 140 126 146Average Housing Costs

Starter - 2 bedroom $189,250 $311,400 $475,000 $380,600 $613,500Mid-level - 3 bedroom $270,000 $405,700 $691,000 $602,000 $767,400Executive - 4+ bedrooms $345,000 $620,940 $780,000 $831,200 $1,541,600

Average Rentals2-Bedroom Apt $824 $3,214 $2,451 $2,001 $3,214College Units (3bdrm near campus) $1,350 -

$1,500$964-$4,500 $2,700

3-Bedroom, 2 bath-Single Family Home

$1,500 $3,927 $3,102 $1,963 $3,927

2-Bedroom/1 bath-Duplex $900-950 $1,226 $1,958 $1,379Average Commute Times 18 min. 28.3 min. 25.6 min. 22.6 min. 22.4 min.

Income LevelPer Capita $23,573 $31,125 $33,807 $28,733 $24,308Median Household $42,896 $50,326 $89,782 $58,893 $100,194Average Household $57,436 $111,490

Median Age 28.8 36.3 35.2 36.9 35.0Educational Attainment

Bachelor or Higher Degrees 22.1% 38.4% 10.7% 29.9% 58.4%Average SAT Scores 1590 1209 1613 1666 1858

Percent above 1500 61.8% 23.2% 60.7% 70.9% 60.3%Crime Rates (per 100,000 population)

Property Crime 2425 5288 2296 2183 1390Violent Crime 281 1683 335 402 106

Commercial Leasing Costs SF/YearRetail $16.40 $21.98 $30.23 $18.87 $35.60Class A Office $11.80 $22.75 $27.80 $19.67 $30.27Industrial $5.94 $8.50 $10.92 $9.89 $12.00

Sources:Average Housing CostsAverage Rentals Craigslist. www.craigslist.org average from page 1 results. 12 Aug 2014Average Commute Time U.S. Census Bureau, 2012 American Community Survey.Income Level U.S. Census Bureau, 2012 American Community Survey.Cost of Living Index Area Vibes Cost of Living Calculator. www.areavibes.com. 12 Aug 2014Crime Rate Area Vibes Cost of Living data. www.areavibes.com. 12 Aug 2014Average Wages California EDD, LMID, Occupational Employment Statistics, 1st Quarter 2014Median Age U.S. Census Bureau, 2012 American Community Survey.Educational Attainment U.S. Census Bureau, 2012 American Community Survey.Commercial Leasing Costs Loopnet.com 142 Aug 2014Cost of Living Index: This index compares the relative cost of l iving in different locations. Using the

United States as the base location (i.e. a value of 100), an index value of 120 means that the cost of l iving in that particular community is 20 percent higher than in the base location;a value of 94 indicates a more affordable location.

Trulia Market

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SALE or LEASE�6 Acre 100,000 SF �Nor-Cal �High Hazard Group H-2 & H-3 Manufacturing Facility�Summary 2644 Hegan Lane, Chico, Ca. �2644 Hegan Lane, Chico Ca�Location Summary – Why Chico � Community Comparison �