±26,000 SF for LEase PRIME ARCADIA HUB SHOPPING CENTER · 2019-10-15 · a necessarily complete summary of the Property or any of the documents related thereto, nor does it purport

PRIME ARCADIA HUB SHOPPING CENTER

±26,000 SF for LEase

1201-1325 S. Baldwin Ave., Arcadia, CA 91007

Shumei Kam 甘淑梅Executive Vice President 626-462-5678 Direct [email protected] DRE License # 00798181

Exclusive Investment Advisor:Coldwell Banker CommercialGeorge Realty1611 South Garfield Avenue # 200Alhambra, CA 91801

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TABLE OF CONTENTS

01CONFIDENTIALITY AGREEMENT

02LEASE SUMMARY

03MAPPING

04PROPERTY PHOTOS

05SURROUNDINGS AMENITIES

06AREA OVERVIEW

© 2019 Coldwell Banker Real Estate Corporation. Coldwell Banker Commercial is a registered trademark licensed to Coldwell Banker Real Estate Corporation. An Equal Opportunity Company. Each Office Is Independently Owned And Operated Except Office Owned AndOperated By NRT Incorporated. The information above are from sources we believe to be reliable. We have not verified its accuracy and make no guarantee about it. You and your tax and legal advisors should conduct your own investigation of the property and transaction. P. 3

Coldwell Banker Commercial George Realty (hereinafter “CBC George Realty”) has been retained as the exclusive advisor and broker regarding the sale of the “Property“ located at 1201-1325 S Baldwin Ave, Arcadia, CA 91007.

This Offering has been prepared by CBC George Realty for use by a limited number of parties and does not purport to provide a necessarily complete summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective investors may need or desire. All projections have been developed by CBC George Realty, the Owner, and designated sources and are based upon assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and, therefore, are subject to variation. No representation is made by CBC George Realty or Owner as to the accuracy or completeness of the information contained herein, and nothing contained herein is, or shall be relied on as, a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be correct, Owner and its employees disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in

verifying all such information. Further, CBC George Realty, Owner, and its employees disclaim any and all liability for representations and warranties, expressed and implied, contained in, or for omission from, this Investment Offering or any other written or oral communication transmitted or made available to the recipient. This Offering does not constitute a representation that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the package. Analysis and verification of the information contained in this package is solely the responsibility of the prospective purchaser. Additional information and an opportunity to inspect the Property will be made available upon written request to interested and qualified prospective investors.

Owner and CBC George Realty each expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers regarding the Property and/or terminate discussions with any entity at any time with or without notice. Owner shall have no legal commitment or obligation to any entity reviewing this Offering or making an offer to purchase the Property unless and until a written agreement for the purchase of the Property has been fully executed, delivered, and approved by Owner and its legal counsel, and any conditions to Owner’s obligations

thereunder have been satisfied or waived. CBC George Realty is not authorized to make any representations or agreements on behalf of Owner.

This Offering and the contents, except such information which is a matter of public record or is provided in sources available to the public (such contents as so limited herein are called the “Contents”), are of a confidential nature. By accepting the package, you agree (i) to hold and treat it in the strictest confidence, (ii) not to photocopy or duplicate it, (iii) not to disclose the package or any of the contents to any other entity (except to outside advisors retained by you, if necessary, for your determination of whether or not to make a proposal and from whom you have obtained an agreement of confidentiality) without the prior written authorization of Owner or CBCAdvisors, (iv) not use the package or any of the contents in any fashion or manner detrimental to the interest of Owner or CBC George Realty, and (v) to return it to CBC George Realty immediately upon request of CBC George Realty or Owner.

If you have no further interest in the Property, please return this Investment Offering forthwith.

01CONFIDENTIALITY AGREEMENT

PRIME ARCADIA HUB SHOPPING CENTER

±26,000 SF for LEase

1201-1325 S. Baldwin Ave., Arcadia, CA 91007


02LEASE SUMMARY

The subject lease property is located at 1201-1325 S. Baldwin Avenue in the city of Arcadia. Conveniently located near the 210 and 10 freeways and just south of Westfield Santa Anita Mall and Santa Anita Horse Track. The ±26,000 SF. retail space is situated on a ±16.41 Acre lot with ample parking. It is comprised of lease units totaling ±258,000 SF, with anchor Tenants including Vons, Burlington Coat Factroy, Diaso Japan, Starbucks, LA Fitness and many more.

This shopping center is a destination plaza also known as the largest center aside from the mall in Arcadia, international tenants and a variety of food choices throughout the center. This Arcadia location enjoys ample parking, heavily traveled intersection located on Baldwin Avenue and Duarte Road for maximum exposure.

Walk Score

85Very WalkableMost errands can be accomplished on foot.

Transit Score

44Some TransitA few nearby public transportation options. City Shuttle Bus

Walk Score®

Available Space 1201 S. Baldwin Avenue # BArcadia, CA 91007 (One Unit)

Rental Rate $1.00 PSF

CAM Charge $0.48 PSF

Rentable Area ±26,000 SF

Parking Spaces 1,268 Stalls

Year Built 1958

Previous Tenant Baby Burlington Department Store

Lease Terms 5 -10 Years

Lot Size ±16.41 AC Lot

Occupancy 92.61%

Lease Summary

Shumei Kam 甘淑梅Executive Vice President 626-202-6446 Cell [email protected] DRE License # 00798181

Please contact agent for a tour.


02LEASE SUMMARYPrimary anchored center - VONS

Vons is a Southern California and Southern Nevada supermarket chain owned by Albertsons. It is headquartered in Fullerton, California, and operates stores under the Vons and Pavilions banners. Before the acquisition by Albertsons, it was headquartered in Arcadia, California.

Type Subsidiary

Industry Retail (Convenience stores)

Founded 1906 (113 years ago)

Founders Charles Von der Ahe

Headquarters Fullerton, California, U.S.

Number of locations 325

Number of employees ±16,000

Parent Albertsons (2015–present)

Website www.vons.com

Tenant SF Occupied

Vons ± 61,000 SF

Burlington Stores ± 52,000 SF

LA Fitness ± 25,000 SF

Daiso ± 6,772 SF

First Commercial Bank ± 4,083 SF

Panda Express ± 1,390 SF

Blaze Pizza ± 2,400 SF

Spectrum ± 500 SF

GNC ± 100 SF

Wells Fargo Bank ± 4,500 SF

Starbucks ± 1,750 SF

Subway ± 760 SF

Primary retail tenants


03MAPPINGRegional map

SUBJECTPROPERTY


03MAPPINGLocal map

SUBJECTPROPERTY


03MAPPINGAerial view

W. DUARTE AVE

S. BALDWIN AVE.

±22,612 CPD

SUBJECTPROPERTY


03MAPPINGAerial view


03MAPPINGFloor Plan

°


04PROPERTY PHOTOS


05SURROUNDING AMENITIES

S. BALDWIN AVE.

W. DUARTE RD.


Arcadia is a city in Los Angeles County, California, United States located about 13 miles northeast of downtown Los Angeles in the San Gabriel Valley and at the base of the San Gabriel Mountains. It is the site of the Santa Anita Park racetrack and home to the Los Angeles County Arboretum and Botanic Garden. The city had a population of 56,364 at the 2010 census, up from 53,248 at the 2000 census. The city is named after Arcadia, Greece.

In 2016, Arcadia was ranked the 5th most expensive housing market in the United States by Business Insider, with an average list of $1,748,680 for a four-bedroom home. In 2012, Arcadia was ranked 7th in the nation on CNN Money magazine’s list of towns with highest median home costs. Arcadia’s Upper Rancho neighborhood was ranked the 23rd richest neighborhood in Southern California by Business Insider in 2014, with a mean household income of $310,779. In 2010, Bloomberg Businessweek named Arcadia as one of the “Best Places to Raise Your Kids” for the second year in a row.

arcadia

06AREA OVERVIEW


06AREA OVERVIEWDEMOGRAPHICS

Population 1-Mile 3-Mile 5-Mile

2024 Projection 30,201 196,424 524,726

2019 Estimate 29,819 194,099 519,758

2010 Census 28,729 187,876 509,754

Growth 2019 - 2024 1.28% 1.20% 0.96%

Growth 2010 -2019 3.79% 3.31% 3.31%

Households

2024 Projection 11,301 68,043 172,145

2019 Estimate 11,158 67,275 170,509

2010 Census 10,760 65,352 167,289

Growth 2019 - 2024 1.28% 1.14% 0.96%

Growth 2010 -2019 3.70% 2.94% 1.92%

2016 Population by Race

White 9,823 88,772 281,543

Black 514 3,880 13,627

Am. Indian & Alaskan 196 1,561 5,768

Asian 18,584 94,674 205,326

Hawaiian & Pacific Island 15 257 905

Other 687 4,957 12,587

Hispanic Origin 4,388 46,234 190,709

*CoStar

*Within 1-Mile Radius

3.79%Population growth

Since 2010*

$96,334Average household

Income*

0.7%Recent job market

Increase

$851,005MEDIAN HOME

VALUE*

36.5%Predicted job growth

In 10 years

28.9 MinAverage Commute

Time


Shumei Kam 甘淑梅Executive Vice President 626-462-5678 Direct

[email protected] DRE License # 00798181

Exclusive Investment Advisor:

1611 South Garfield Avenue # 200Alhambra, CA 91801

COMMERCIAL

Documents

±26,000 SF for LEase PRIME ARCADIA HUB SHOPPING CENTER · 2019-10-15 · a necessarily complete summary of the Property or any of the documents related thereto, nor does it purport