GREAT BRANDS. GREAT OPPORTUNITY. WHY WESTGATE CENTER?
LOCATION Westgate Center is the primary shopping destination in its trade area with densely populated surrounding communities, high house-hold incomes and located on heavily traveled Saratoga, Campbell and Hamilton Avenues in Silicon Valley.
SURROUNDING RETAILERS & ANCHORS Strong retail mix with robust anchor sales numbers. The Center is anchored by strong national tenants including Target, Nordstrom Rack, Nike Factory Store, Old Navy, Walmart, Ross Dress For Less, Party City, Burlington Coat Factory and Michaels. Annual anchor tenant sales for Westgate Center (2013): Over $120 Million.
RENOVATION Westgate Center completed an extensive renovation and re-branding in 2013, adding a children’s soft play area; enhanced central plaza and several comfortably furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior common areas. The renovations have enhanced the center, creating a vibrant community gathering destination with one-stop shopping convenience.
JOB GROWTH & ANNUAL SALARY* The average household income & employment are rising in Silicon Valley. The average annual salary has increased by 30% since 2010 and is now at $107,395. During 2012, Santa Clara and San Mateo counties increased their combined job totals by 3.6 percent.**
* INDEX OF SILICON VALLEY NEWTWORK (REPORTS 2012, 2011, 2012, 2013, 2014) **MERCURY NEWS ARTICLE ‘SILICON VALLEY JOB GROWTH HAS REACH DOT-COM BOOM LEVELS, REPORTS SAYS, 2/7/2013 OVERVIEW OTHER NEARBY RETAILERS partners that reflects theneedsof community. outlets andproven national retailers. With alimited amountofavailable space, we are carefully selectingnew retail Westgate Center offers family-friendly amenitiesandhighquality retailers. Our core retail partnersare well-known Avenues, andcloseproximity to majorfreeways 280, 85and17. with denselypopulated surrounding communities, alocation onheavily traveled Saratoga, CampbellandHamilton for shopping,diningandentertainment. Westgate Center istheprimaryshoppingdestination initstrade area Westgate Center, located inSilicon Valley, California isa645,000 square foot center offering aone-stop destination MARKET PROFILE
INDUSTRY SUMMARY SAN JOSE, CA
TOTAL RETAIL TRADE/ TOTAL RETAIL TOTAL FOOD & FOOD & DRINK TRADE DRINK DEMAND $558,369,460 $502,108,204 $56,261,257 (RETAIL POENTIAL) SUPPLY $586,978,710 $522,265,180 $64,722,530 (RETAIL SALES)
DEMOGRAPHICS
1 MILE 3 MILES 5 MILES
POPULATION 23,625 208,154 508,574
AVERAGE HHI $155,398 $148,791 $149,082
DAYTIME POPULATION 20,189 180,901 475,158 BEST LOCATION IN TRADE AREA LOCATED IN A HIGHLY TRAVELED AND DESIRABLE LOCATION AND SURROUNDED BY STRONG RETAIL NEIGHBORS
EL PASEO DE SARATOGA Lucky TruFusion Hallmark Total Women Gym & Spa Target Old Navy REI Red Robin Gourmet 49er Fitness GAP Outlet Petco Burgers Walmart Neighborhood Market Nike Outlet Ulta Beauty Jamba Juice HAMILTON AVE Ross Starbucks Tilly’s Mimi’s Café Michael’s JCrew Factory AMC Saratoga 14 CitiBank Nordsrom Rack TJMaxx Pizza My Heart Massage Envy Burlington Coat Factory and More! Rubio’s Panda Express Peet’s Coffee T-Mobile Noah’s Bagels Great Clips
W CAMPBELL AVE
QUITO RD
SARATOGA AVE
WESTGATE WEST Chipotle Smart & Final Extra! GRAVES AVE Five Guys CycleBar PROSPECT RD Bank of America The UPS Store
Sprouts Starbucks
PY
BevMo! Super Duper Burgers X E
Face Values Yogurtland E
Tomatina Ike’s Love & Sandwiches C
Boudin SF Happy Lemon N
E
MOD Pizza Taco Bell R
Trader Joe’s Bikram Yoga San Jose W A Ethan Allen L SAVVY FASHION-FOWARD SHOPPERS CAN FIND ALL THE ALL INCUSIVE MIX THE GREAT BRANDS AT ALL THE RIGHT PRICES. LIVERMORE MAJOR SHOPPING 680680 PREMIUM OUTLETS 41.8 MILES LIVERMORE HAYWARD CENTER LOCATOR PLEASANTON
880 Westgate Center is easily accessible to the 880 680680 vibrant San Jose community located right in the center of it all, at least 27% more dense than it’s FREMONT closest competitor. 680680
DISTANCE FROM WESTGATE CENTER 880880
PALO ALTO SANTANA ROW 3.8 Miles (via 280) THE GREAT MALL VALLEY FAIR 3.9 Miles (via 280) 12.4 MILES
OAKRIDGE 10.5 Miles (via 85) 280280 680
THE GREAT MALL 12.4 Miles (via 101) VALLEY FAIR 3.9 MILES GILROY OUTLETS 34.9 Miles (via 85-101) 280 SANTANA ROW 280 280880 3.8 MILES LIVERMORE OUTLETS 41.8 Miles (via 101) 85 280 87 SAN JOSE WESTGATE CENTER CAMPBELL 17 POPULATION SARATOGA OAKRIDGE 10.5 MILES 1 MILE 3 MILES 5 MILES 10 MILES LOS GATOS WESTGATE CENTER 23,625 208,154 508,574 1,404,832
THE GREAT MALL 22,741 168,428 320,842 1,290,862
GILROY OUTLETS 7,662 57,835 67,699 1,179,898 LIVERMORE OUTLETS 2,925 84,401 187,642 353,909
GILROY GILROY OUTLETS 34.9 MILES CURRENT SITE PLAN
RETAIL SPACE
RESTAURANT SPACE AVAILABLE AVAILABLE ANCHOR SPACE ±978 SF ±37,656 SF
HAMILTON AVENUE
78 77 80 Meineke/Econolube of WSan Jose Sylvan Learning Center Action Urgent Care
4,468 2,700 3,689 HAMILTON AVENUE UP UP 81 Salons by JC 5,624
ELEC.
UP UP UP UP
77A Bonsall's Walk-Rite Shoes 2,285
COMPACTOR CART CART
31 Available 1,190
32 Comcast 4,147 AVAILABLE L EVE L TO ROOF ROOF TO UP ISTING STAIR EX ISTING
ERL 44
TO LOW TO ISTING STAIR DN STAIRDN EX ISTING
DN 43 UP 37,656 ±3,171 SF 20,652
41 29 Jun Lu Performing Arts 77,825 1,790
30 33 28,435 28 Ella 50 36 45,000 4,487 3,171 5,064 37
2,250 46 35 52 39A 2,315 26,417 3,692 Famous Footwear Learning Express of San Jose Payless ShoeSource 2,647 Luggage Center Skechers Outlet
39 Jun Lu Performing Arts 23B FC009 63 53 Gymboree Play & Music Center King Eggroll Express Available FC001 2,530 Ann's Dressmaker Blown Away Bar 1,076 923 346 Available FC008 809 1,431 Mom's Pot Biryani 23C 727 FC002 MALL Torrid 978 23A Scoopzilla PYLON 23D
23E 1B
CAMPBELL AVENUE 1,348 1,348 2,760 780 Available Oshkosh B'gosh Available FC003 M Beauty K's Crepes 4,118 54
ATHERTON AVENUE 736 FC004 167,154 FC007 Gong Cha Available FC005 749 3
5 8,315 1,671 Poke Bar 25 716 24,683 10,910 1A 19 Carter's 27A 27 Smashburger 11 5,387 10,728 23 21,340 2,214 Sushi Boat Salon Professional Academy 2,900 MP DOWN DOWN (E ) R A MP Nike Factory MP DOWN DOWN (E ) R A MP 17,073
26 10 Snip-Its 5,750 1,012
18 Starbucks Coffee 1,372
90 Verizon Wireless 4,569 74A 73 71 GameStop Subway Sandwiches GEN Korean BBQ House 1,235 1,100 4,935 94 67 Veggie Grill LensCrafters 2,800 2,395
75 74 76 75 AT&T 69 Blue Door Rest & Bar SephoraAvailable 3,094 6,569 66 96 7,648 98 5,898 3,800
5,898 4,000 2,994 FedEx Office Men's Wearhouse Corner Bakery Cafe MALL PYLON
SARATOGA AVENUE SARATOGA AVENUE AVAILABLE ±736 SF CAMPBELL AVENUE MALL PYLON 94 90 2,800 4,569 Veggie Grill
Verizon Wireless
4,000
Corner Bakery Cafe Bakery Corner
96
2,994
FedEx Office FedEx 98
CART CART CAMPBELL AVENUE MALL PYLON 54 167,154 94 90 2,800 4,569
HAMILTON AVENUE Veggie Grill Verizon Wireless
4,000
Corner Bakery Cafe Bakery Corner
96
2,994
FedEx Office FedEx
98
3,800
Men's Wearhouse Men's 66 1B 1A 4,118 5,387 MALL PYLON Carter's
Oshkosh B'gosh 8,315
46
Salon Professional Academy Professional Salon
CART CART 26,417 3 54 44 167,154
37,656
3,171 67 Payless ShoeSource Payless 2,395
HAMILTON AVENUE 50 5 LensCrafters
10 24,683
3,692 5,750
Skechers Outlet Skechers 52
53 Blown Away Bar 1,431 3,800
DN
UP Wearhouse Men's
66
L L EVE L ER LOW TO
1B
ISTING STAIR DN DN STAIR ISTING EX
1A UP TO ROOF ROOF TO UP
4,118 ISTING STAIR STAIR ISTING EX 5,387 MALL PYLON FC001 Available 809 Carter's 69 Oshkosh B'gosh 31 Available 1,190
6,569 8,315
46 63
Salon Professional Academy 346 Professional Salon
749 780 11 26,417 3 FC004 FC002 2,900 Gong Cha Scoopzilla Sushi Boat Available 736 716 30 FC003 FC005 28,435 Poke Bar K's Crepes 44 FC008 Mom's Pot Biryani 727
4
37,656
3,171 67
Payless ShoeSource Payless 19 2,395
32 50 2,214 2 4,147 1,671 FC009 King Eggroll Express 923
FC007 Comcast 5
Available Smashburger 978
LensCrafters
Available 10 24,683
3,692 5,750 23A
Skechers Outlet Skechers 33
Ella 52 4,487
18
2,315 1,372
53 Blown Away Bar 1,431 Jun Lu Performing Arts Performing Lu Jun 23B
1,076 DN UP 35
SARATOGA AVENUE AVENUE SARATOGA
L L EVE L ER TO LOW TO 23
ISTING STAIR DN DN STAIR ISTING EX
23C TO ROOF ROOF TO UP
ISTING STAIR STAIR ISTING EX 2,760 Torrid
FC001 Available 5,064 809 17,073 Starbucks Coffee
Famous Footwear Famous 69
71 GEN Korean BBQ House 4,935
31 Available 1,190 1,348
36 Nike Factory
Ann's Dressmaker Available 6,569 23D
63 1,348
346 2,250 749 780
11
3 Beauty M FC004 FC002
Luggage Center Luggage 2,900
Gong Cha Scoopzilla 43 23E 37 Sushi Boat Available 20,652 716 736 73 30 FC003 FC005 1,100 41 Jun Lu Performing Arts 1,790 28,435 Poke Bar 26 K's Crepes 25 FC008 Mom's Pot Biryani 727 1,012 10,910 Snip-Its 19 32 2,214 4,147 1,671 FC009 King Eggroll Express 923
FC007
Comcast
Subway Sandwiches
Available Smashburger 978
80 Action Urgent Care 3,689 Available 1 23A 33 Ella 4,487 74 3,094 AT&T
18
74A GameStop 1,235
2,315 1,372 Jun Lu Performing Arts Performing Lu Jun 23B
39 1,076
35 39A HAMILTON AVENUE AVENUE HAMILTON 2,647
2,530 SARATOGA AVENUE AVENUE SARATOGA 23
23C
2,760 Torrid 5,064 17,073 Starbucks Coffee
27
81
Famous Footwear Famous 71 GEN Korean BBQ House 4,935 5,624 1,348
36 21,340 Nike Factory 75
Ann's Dressmaker Available
5,898
Salons by JC 23D
Available
1,348 2,250
M Beauty M
Luggage Center Luggage 28
43 23E 37
45,000 20,652 10,728
73 Learning Express of San Jose 27A 1,100 41 Jun Lu Performing Arts 1,790 Gymboree Play & Music Center 26 25 1,012 10,910 Snip-Its
(E) RAMP DOWN Subway Sandwiches
(E) RAMP DOWN UP ELEC. 77 Sylvan Learning Center 2,700 80 Care Action Urgent 3,689 74 3,094 AT&T 74A GameStop 1,235 77A Bonsall's Walk-Rite Shoes 2,285 39
39A HAMILTON AVENUE AVENUE HAMILTON 2,647 2,530 27 81 5,624 21,340 75 5,898 Salons by JC UP Available 28 UP
45,000
10,728 Learning Express of San Jose 27A 4,468 78 of WSan Jose Meineke/Econolube Gymboree Play & Music Center 76 7,648
COMPACTOR (E) RAMP DOWN
(E) RAMP DOWN UP ELEC. 77 Center Sylvan Learning 2,700 Blue Door Rest & Bar ATHERTON AVENUE AVENUE ATHERTON 77A Bonsall's Walk-Rite Shoes 2,285 UP UP ±736 ±978 ±3,171 ±37,656 78 WSan Jose Meineke/Econolube of 4,468 SQUARE FEET SQUARE 76 7,648
COMPACTOR
Blue Door Rest & Bar ATHERTON AVENUE 29 AVENUE ATHERTON 77,825 50 44 23A UNIT FC003
1 2 3 4 # AVAILABILITY SUMMARY AVAILABILITY CURRENT SITE PLAN SITE CURRENT
29 77,825 RESIDENTIAL STATISTICS
SARATOGA MEDIAN HOME PRICE: $1,814,124 POPULATION: 31,585
CAMPBELL MEDIAN HOME PRICE: $825,864 POPULATION: 42,778
LOS GATOS MEDIAN HOME PRICE: $1,438,748 POPULATION: 31,420
CUPERTINO MEDIAN HOME PRICE: $1,314,078 POPULATION: 63,530 NEARBY OFFICES & HOTELS
OFFICES
COMPANY DISTANCE FROM WESTGATE
APPLE 4.0 Miles
ADOBE 7.2 Miles
EBAY 3.3 Miles GOOGLE 12.4 Miles INTEL 8.3 Miles NETFLIX 4.5 Miles SAMSUNG 10.8 Miles
HOTELS
HOTEL DISTANCE FROM WESTGATE
ALOFT CUPERTINO 2.0 Miles
WOODCREST HOTEL 3.4 Miles
HOTEL VALENCIA 4.3 Miles THE ROW HOTEL 5.1 Miles WWW.SHOPWESTGATECENTER.COM
CHRISTIAN IRWIN JEFF KRESHEK JAMES CHUNG NICOLE LYON Director - West Coast Leasing Senior Vice President - West Coast Leasing Western Regional Retail Leader Director [email protected] [email protected] [email protected] [email protected] +1 310 414 5286 +1 310 414 5285 +1 408 436 3630 | Lic #01408190 +1 510 499 2113 | Lic #01975898
Cushman & Wakefield Copyright 2019. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.