A New Planned Commercial Environment Moses Lake, Washington
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A New Planned Commercial Environment Moses Lake, Washington ASPI Group 5200 Southcenter Blvd. #100 Tukwila, WA 98188 Tel: 206.241.8000 Fax:206.242.5775 NGCenterLLC2 Page 1 NGCenterLLC2 Page 2 NGCenterLLC2 Patton Blvd, Moses Lake, Washington Available Lots: 86.80 Acres (Net Area Excluding Road and ROW) Zoning: Commercial (C-2) Utilities: Power, Water, Telephone, Owens P a 1 Blvd Sewage, and Fire Protection to the Site. t t o n 1 B l v 2 d 11 Newly Constructed: 3 2 95-Lane Loring Dr. Westover 12 3 Blvd 4 93-Lane Owens Blvd. 5 8 9 10 4 7 20 93-Lane Westover Blvd. 6 9$5 Million Investment Loring Dr ASPI Blvd Binding Site Plan Lot/Pad A cres Sq. Ft. L o t-1 4 .6 9 2 0 4 ,2 9 6 .4 0 Lot-2 10.65 463,914.00 Lot-3 18.03 785,386.80 Lot-4 10.14 441,698.40 L ot-11 11.08 482,644.80 L ot-12 17.73 772,318.80 Pad-1 1.15 50,094.00 Pad-2 1.53 66,646.80 Pad-3 1.50 65,340.00 Pad-4 1.50 65,340.00 Pad-5 1.50 65,340.00 Pad-6 1.45 63,162.00 Pad-7 1.15 50,094.00 Pad-8 1.15 50,094.00 Pad-9 1.20 52,272.00 Pad-10 1.20 52,272.00 Pad-20 1.15 50,094.00 Total 86.80 3,781,008.00 NGCenterLLC2 1 1 2 11 2 3 3 12 4 4 5 8 9 10 7 20 6 Advantages: Low cost and fast entitlement process Low cost of construction Low cost of operation Low electric power rates Best retail value in Washington NGCenterLLC2 Multi Family / Mixed Rent Sage Bay 638 Lots/Homes Under Moses Lake Senior Campus / 3 Phases Construction (Phase 2 Under Construction) Gateway Retail HW Y 17 Center / Drive Thru Under Development Hwy 17 / Patton Blvd Entrance / The Highest Traffic Counts In Grant County Fast Food Restaurants Patton Park Gas & Grocery To Big Bend Community College, Convention Center, Grant County Int’l Airport, Genie, JAL, Chemi-Con, General Dynamics, Boeing… To Big Bend Community College, Convention Center, Grant County Int’l Airport, Genie, JAL, Chemi-Con, General Dynamics, Boeing… Project site Patton Park Fuel & Grocery Strip Mall Mixed Rent Moses Lake Apartment Senior Campus To Big Bend Community College, Convention Center, Grant County Int’l Airport, Genie, JAL, Chemi-Con, General Dynamics, Boeing… Project Site Patton Park Fuel & Grocery Strip Mall Moses Lake Senior Campus Mixed Rent Apartment NGCenterLLC2 2 Ow en s B lvd r. D d g v l n 1 ri B o r L 3 e v o t s e W 4 5 Pa tt on Bl v d 6 d 7 R is rr a H PROSPECTS: 1. BIG BOX RETAILER 2. BIG BOX RETAILER 3. BIG BOX RETAILER 4. RETAIL CENTER 5. AFFORDABLE APARTMENT 6. MOSES LAKE SENIOR COMMUNITY 7. DRIVE THRU RETAILER NGCenterLLC2 Project Site is located in the heart of the largest retail demographics in North Central Washington Soap Lake -98851 Grant County Pop. 3,759 Ephrata – 98823 Pop. 87,238 Pop. 9,897 30,000+ people at the North of Grant County Quincy- 98848 Pop. 9,824 Grant County HW Y17 Int’l Airport North Gateway Center Moses Lake -98837 Pop. 40,000 A Destination Retail Center For Central Washington Inflation System General Dynamics ML Industries Boeing Chemi-Con Grant County Int’l Airport Genie Industries Proposed Site For 2002 Big Box Retailers Wal-Mart JAL Super Center Solar Grade 2005-2006 Silicon (ASiMI) 2004 Sonico Home Depot North Gateway Center Big Bend Patto Community n Blvd College & New Convention 638 Lots/Houses Center 7 Builders: Y1 HW Schneider Hayden, Olsen, Cornerstone, Wild Heard 800 Units Builder: Schneider NGCenterLLC2 DEMOGRAPHICS North Gateway Center Immediate City Wide 1 County 2 Population 10,000 40,000 87,238 Avg. Household Income 3 $48,618 $53,712 $55,758 Airport Industrial Area Employee 2,500 Big Bend Community College Staff & Students 6,122 Traffic Count (Hwy17/ Patton Blvd Exit) 4 20,000 ADT 1) Data Year 2005 within Zip code 98837. 2) Data Year 2005, Year 2010 projected pop:96,502 (Source: Office of Financial Management, State of Washington) 3) Year 2007 (Source: Demographics Now.com) 4) Year 2003 (Source: Annual Traffic Report, Department of Transportation, State of Washington) Retailer Radius 20 miles radius 40 miles radius Spokane Wenatchee Wenatchee NORTH GATEWAY CENTER Spokane NORTH GATEWAY CENTER Moses Lake Moses Lake Tri City Construction NGCenterLLC2 T o Big Bend Gateway To Grant E p Community County Int’l Airport, h r College New a Genie, JAL, Chemi-Con, t a Convention Grant County General Dynamics, Center Boeing, Inflation Systems, Int’l Airport BBCC… ADT 11,200 ADT 11,200 North 87,238 Population in Gateway Grant County (2005) 8800 Center Source: Office of Fi State of Washington 20000 nancial Management, H w y 20000 1 7 18000 18000 To Seattle 13000 14000 Exit 174 20,000 People North of Moses Lake 14000 16000 Exit 175 20,000 People South of Moses Lake 13000 20000 Exit 176 13000 10000 12000 I-90 ADT 6,000 14000 Take Exit 176 H Broadway Road w 10000 y 1 8600 7 11000 To Spokane 14000 ADT 4,000 13000 Highest Traffic Count Takein Grant Exit 179 County – 20,000ADT (2003) Kittleson Road 17000 Source: State of Washington, Department of Exit 179 11000 9100 Transportation, Annual Traffic Report 2003 NGCenterLLC2 Grant County Grant County is one of The fastest growing County In Washington State 6,000 Residents Live Adjacent to Project Site 6,122 Big Community College Faculty & Students 2,500 Employees at Airport Industrial Area NGCenterLLC2 5-Lane Loring Dr 3-Lane Westover & Owens Blvd NGCenterLLC2 2006 North Gateway New Center 11 7 6-1 6 10 5 6-2 4 8 nty ou t C an nd Gr rou irg Fa 9 1 3 2 Site Zoning Size Sold Price Date Status Developer 1 Sage Bay/ Valley Road Residential 638 Lots 2005 Sold Various Developers 2 Retirement Community 800 Units Residential 160 Acres $1,500,000 Feb 2005 Sold Schneider Family Home, Tukwila 3 Valley Road Residential 25 Acres $40,000 /AC 2005 Pending Seattle Developer 4 Central Dr./ Grape Residential 9.52 Acres $52,521 /AC Aug 2005 Sold Boro Enterprise 5 Home Depot Commercial 10 Acres $2.50 /SF 2004 Sold Home Depot 6 Wal Mart Addition Commercial 5 Acres $5 /SF 2002 Sold Wal Mart 6-1 Penn Plaza Center (Anchored by Starbucks, Subway) Commercial 3.65 Acres $18 /SF NNN All Leased 12,000 SF Under Construction 6-2 Food Pavilion & Retail Center Commercial 4.73 Acres $8,075,000 Oct 2004 Sold Landmark Investment LLC 7 Moses Lake Senior Campus Commercial 5 Acres $7 /SF 2005 Sold SunWest Management, Oregon 8 Walgreens Commercial 100,000 SF $22/SF Aug 2005 Sold Walgreens 9Apartment 96 Units R-3 4 Acres Aug 2005 Pending Inland Construction, Spokane 10 Home Depot Addition Commercial 27 Acres $4.50 /SF Aug 2005 Active 11 Patton Park Fuel & Grocery Commercial 1 Acres $2,200,000 Nov 2005 Active NGCenterLLC2 - Coulee City - Wilson Creek - Soap Lake North To Gateway 1 Ephrata Grant County Int’l Airport & Center HW Industrial Area -Quincy To Y17 -George Big Bend Community College 2 Meadows 3 ASPI Blvd - MF 5 Moses Point 6 Sage Bay 7 Cascade Pioneer-MF Marina Shore 4 8 Mountlake HW 11 Mae Valley 9 Y17 10 Yonezawa 12 Cove West T o 13 Westlake 14 - Othello Peninsula - Warden - Ritzville 15 Dune Lake Potholes Reservoir Wild Refuge Area New Subdivision Activity in Moses Lake Area Site Contractor(s) Type Unit(s) 1 Ephrata Residential 550 + 2 Meadows Residential 60 + 3 ASPI Blvd Sun West Residential-MF 140 + 70 4 Pioneer Inland Construction Residnetial-MF 120 5 Moses Point Residential 100 to 800 6 Sage Bay Hyden, Olsen, Schneider Residential 560 7 Cascade Valley Schneider Home Residential-MF 180 + 800 8 Marina Shore Residential 44 Over 4,500 9 Mountlake Smart Home Residential 120 10 Yonezawa AHO Residential 205 Residential Units 11 Mae Valley AHO Residential 450 under Development 12 Cove West Residential 40 13 Westlake Shores Residential 92 in Moses Lake 14 Peninsula Sun Country Home Residential 180 15 Dun Lake Residential 120 Area NGCenterLLC2 Company Location Product/Service Function Employment MANUFACTURING Inflation Systems (Takata, Japan) Moses Lake Airbag Manufacturing Manufacturing Plant 413 Genie Industries (Terex Corp) Moses Lake Cranes/Lifts/Booms/Platform Manufacturing Plant 500 Solar Grade Silicon (ASiMI) (REC, Norway) Moses Lake Silicon Products Manufacturing Plant 275 D&L Foundry Moses Lake Gray Iron Castings HQ and Manufacturing Plant 140 General Dynamics Moses Lake Propellent/ Combat System Manufacturing Plant 120 Weyerhaueser Moses Lake Corrugated Fiberboard Containers Manufacturing Plant 106 Columbia Colstor Quincy Cold Storage Warehouse & Distribution 102 Chemi-Con Material Corporation (KDK, Japan) Moses Lake Aluminum Foil for Electronics Industry Manufacturing Plant 85 Celite Corporation Quincy Diatomaceous Mineral Processing Manufacturing Plant 70 Western Polymer Corp. Moses Lake Potato Starches for Paper Industry HQ and Manufacturing Plant 65 Moses Lake Industries (Tama Chemicals, Japan) Moses Lake Chemicals for Semiconductor Industry Manufacturing Plant 65 Eka Chemical (AKZO-NOBEL, Netherland) Moses Lake Chemicals for Paper Industry Manufacturing 60 Inland Mechanical Moses Lake Steel Fabrication Job Shop 30 Flodin Moses Lake Food Processing Machinery HQ and Manufacturing Plant 25 Japan Airlines (Japan) Moses Lake Flight Testing/Manitance/Training Testing/Maintenance 25 Busby International Moses Lake Boat Container Chassis Manufacturing Plant 15 Moses Lake Steel Moses Lake Steel Fabrication Job Shop 15 Columbia Basin Machinery Moses Lake General Machining HQ and Manufacturing Plant 10 Boeing Moses Lake Aircraft Certification/ Contender for 7E7 Manufacturing Support N/A Final Assembly Site FOOD PROCESSING McCain Foods USA Othello Frozen Potato Products Manufacturing Plant 575 J.R.