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995 Oakland Road San Jose, California Development Opportunity

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995 Oakland Road San Jose, California Development Opportunity 995 OAKLAND ROAD SAN JOSE, CALIFORNIA DEVELOPMENT OPPORTUNITY 200,000+ TRAFFIC COUNT UNDER 995 OAKLAND ROAD DEVELOPMENT: GAS STATION, RETAIL, MINI STORAGE HORNING STREET NEW CAR WASH 28,000+ TRAFFIC COUNT OAKLAND ROAD CONFIDENTIAL OFFERING MEMORANDUM 995 OAKLAND ROAD SAN JOSE, CA CONTACT: TABLE OF CONTENTS NICK WHITSTONE Senior Vice President SECTION 01 Lic. 01196787 02 EXECUTIVE +1 408 453 7438 SUMMARY [email protected] HENRY BOSE Senior Vice President Lic. 01512190 SECTION 02 +1 415 772 0261 PROPERTY [email protected] 14 DESCRIPTION ELENA QUACH Vice President Lic. 02101234 +1 415 772 0307 SECTION 03 [email protected] 20 AREA ALEX LEE-BULL OVERVIEW Vice President Lic. 02114476 +1 415 772 0405 [email protected] ANDREW TRILLO Sales Associate Lic. 02069367 +1 408 453 7499 [email protected] 200,000+ TRAFFIC COUNT FUTURE MINI STORAGE 28,000+ TRAFFIC COUNT HORNING STREET OAKLAND ROAD 995 OAKLAND ROAD CBRE Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 995 Oakland Road (the“Property” or “Buildings”), a rare development site located in the fast-growing City of San Jose, located in the heart of Silicon Valley. The property is located right off the Oakland Road exit of Highway 101 and is easily accessible to all other major freeways such as Interstate 880, State Route 87, Interstate 280, and Interstate 680. The site is within five miles of Mineta San Jose International Airport, the Santa Clara government/court buildings, San Jose State University, Santa Clara University, and Regional Medical Center. INVESTMENT HIGHLIGHTS HIGHWAY 101 ADJACENT IN THE PATH OF REDEVELOPMENT EXECUTIVE SUMMARY SECTION 01 EASY AIRPORT ACCESS MOST INCLUSIVE ZONING IN SAN JOSE DOWNTOWN SAN JOSE 995 OAKLAND ROAD EXECUTIVE SUMMARY 03 MOUNTAIN VIEW CUPERTINO APPLIED MATERIALS HUAWEI TECHNOLOGIES SANTA CLARA SQUARE NVDIA CORPORATION SANTA CLARA SAN JOSE INTERNATIONAL AIRPORT AVAYA STADIUM GUADALUPE RIVER PARK TO DOWNTOWN SAN JOSE SANTA CLARA COURTHOUSE PROPERTY DESCRIPTION 995 OAKLAND ROAD SECTION 02 TO SAN FRANCISCO OAKLAND ROAD GOOGLEPLEX The site is positioned in central San Jose near Downtown and Norman Y. Mineta San Jose International Airport and is in the heart of the world-renowned Silicon Valley, PALO ALTO home to many of the major high-tech companies that are globally recognized. The TO SAN FRANCISCO site is 10 minutes from proposed Google campus developments, Avaya Stadium, Santa Clara University, San Jose State University, SAP Center San Jose, and Santa HUAWEI TECHNOLOGIES Clara government buildings. The site is situated along Highway 101 and one exit south SANTA CLARA SQUARE of Interstate 880. The project features quick access to both of the San Francisco Bay Area’s major commute corridors (Highway 101 and Interstate 880), which connect San Francisco, Oakland, and San Jose. Additionally, a new signalization intersection is proposed allowing a turn into the property. CASINO M8TRIX PROJECT SUMMARY 995 Oakland Road ADDRESS San Jose, CA 95112 LOCATION Highway 101 Adjacent LOT SIZE Approx. 1.5 acres ZONING Combined Industrial/Commercial (CIC) PLANNED USE Combined Industrial/Commercial (CIC) DELIVERY Demolished PROPERTY DESCRIPTION 05 ADJACENT TO INTERNATIONAL GATEWAY AIRPORT San Jose Mineta International Airport is the second busiest airport in the Bay Area and has just released plans for expansion. This site sits a short 3 miles from the airport and can be accessed via Highway 101 or 880, providing good optionality in the event of traffic. EXCELLENT ACCESS AND VISIBILITY The Development site sits prominently on Oakland Road at Highway 101 one exit from the other major arterial for the Silicon Valley, Highway 880. The Hotel will benefit from over 200,000 views per day that travel Highway 101. Travelers that will enjoy this Hotel will enjoy quick access to a freeway that can take them in any direction. 06 995 OAKLAND ROAD | SAN JOSE, CA SITE PLAN GENERAL PLAN HORNING STREET COMBINED INDUSTRIAL/COMMERCIAL Density: FAR Up to 12.0 (1 to 24 stories). This category allows a significant amount of flexibility for the development of a varied mixture of compatible commercial and industrial uses, including hospitals and private community gathering facilities. Properties with this designation are intended for commercial, office, or industrial developments or a compatible mix of these uses. This designation occurs in areas where the existing development pattern exhibits a mix of commercial and industrial land uses or in areas on the boundary between commercial and industrial uses. Development intensity can 995 OAKLAND ROAD vary significantly in this designation based on the nature of specific uses likely to occur in a particular area. In order to maintain an industrial character, small, suburban strip centers are discouraged in this designation, although larger big- box type developments may be allowed because they mix elements of retail commercial and warehouse forms and uses. OAKLAND ROAD GENERAL PLAN MAP PROPOSED SIGNALIZED INTERSECTION NEW CAR WASH MADERA AVENUE 995 OAKLAND ROAD PROPERTY DESCRIPTION 07 SANTANA ROW TREMENDOUS DEMAND GENERATORS The site is conveniently located just outside of Downtown San Jose and adjacent to Japantown which places it in an ideal location to access a tremendous amount of food and entertainment opportunities. The San Jose Convention Center is a short three miles away through Downtown and the Santa Clara Convention Center and Levi's Stadium are a short drive up the 101 AREA OVERVIEW making this location very central. SAP Center, Avaya Stadium, Westfield Valley Fair and SECTION 03 Santana row are also a short drive opening up numerous additional retail, entertainment, and food opportunities. AVAYA STADIUM 995 OAKLAND ROAD SANTA CLARA CONVENTION CENTER SAP CENTER JAPANTOWN LEVI'S STADIUM SILICON SILICON VALLEY VALLEY Silicon Valley is one of the most dynamic microeconomies in the world, driven by growth, innovation, capital, and a highly diverse and well-educated labor force. Household industry names such as Apple, Google, Facebook, Cisco, Netflix, Roku, eBay, Nvidia, Intel, Microsoft, Amazon, IBM, Hitachi, Ford, Toyota, Nokia, Panasonic, Tesla and Sony all are headquartered or have a significant presence in the Valley. These large companies are partnered with an active network of venture capital and private investment firms with the support of major research universities. The high-tech core of the valley directly benefits and increases demand for the service businesses, construction, real estate, and general consumerism throughout the area. LARGEST CITIES IN CA RANK CITY POPULATION 1 Los Angeles 3,959,657 995 OAKLAND ROAD 2 San Diego 1,401,932 3 San Jose 1,026,658 4 San Francisco 870,044 5 Fresno 522,277 6 Sacramento 495,011 7 Long Beach 468,883 TOP COMPANIES 8 Oakland 421,042 SILICON VALLEY 9 Bakersfield 375,699 10 Anaheim 349,668 Source: Silicon Valley Business Journal, 2019 MARKET SIGNIFICANCE 19TH LARGEST HQ ECONOMY IN THE WORLD 39.1% 38 Future Job Growth Fortune 500 over next 10 years Companies LEADING RESEARCH UNIVERSITIES STANFORD UNIVERSITY UNIVERSITY OF CALIFORNIA, BERKELEY SAN JOSE STATE UNIVERSITY SANTA CLARA UNIVERSITY 7.6 M $50.7B SAN FRANCISCO STATE UNIVERSITY Population Venture Capital Investments in the SF Bay Area compared UNIVERSITY OF CALIFORNIA, SAN FRANCISCO to $85.8B throughout the rest of the U.S. SAN JOSE OVERVIEW The City of San Jose is the economic, cultural, and political center of Silicon Valley. Located in the center of the Santa Clara Valley, on the southern shore of the San Francisco Bay, San Jose covers an area of 179.97 square miles. San Jose sits within Santa Clara County, one of the most affluent counties in the United States. The Downtown core of San Jose is the most active submarket, which is currently experiencing a major urban transformation that will serve the City’s needs for decades to come. In addition to the proposed commercial developments, there are 3,700 new housing units in planning or under construction along with the Google Village project’s proposed 3,000-5,000 housing units. The surge in economic and population growth will be supported by a transportation infrastructure expansion of the Bay Area Rapid Transit (BART) stations into Downtown San Jose. This will ultimately connect to the local VTA and Caltrain stations, allowing the labor force to access the entire Bay Area via public transit. TRANSPORTATION OVERVIEW The subject property is conveniently located close to the Downtown San Jose BART and Caltrain Station. The VTA Light Rail has direct access to Downtown San Jose and conveniently connects riders to CalTrain’s Diridon Station. Caltrain serves as the primary $123,321 mass transit system throughout the San Francisco Peninsula and the Silicon Valley as it serves a total of twenty-two stations spanning from Gilroy to San Francisco. In addition, El Camino Real runs adjacent to the property on the opposite side of the Caltrain rail line, offering immediate vehicular access to the town and surrounding submarkets. Freeways are also easily accessible as US-101 is located 995 OAKLAND ROAD +0.8 miles from the property. SNAPSHOT SAN JOSE PROMINENT EMPLOYERS Nicknamed the “Capital of Silicon Valley”, major global tech companies including Cisco Systems, eBay, Cadence Design Systems, Adobe Systems, PayPal, Brocade, Samsung, Acer, and Western Digital IN SAN JOSE maintain their headquarters in San Jose. This phenomenon has pushed upward pressure on general entrepreneurship, pricing, household income, and quality of life. ⊲ Acer ⊲ Adobe Systems 10TH ⊲ Brocade LARGEST CITY IN THE U.S ⊲ Cadence Design Systems ⊲ Cisco ⊲ Ebay $123,321 ⊲ Google 2020 MEDIAN HOUSEHOLD INCOME ⊲ Hewlett Packard ⊲ IBM ⊲ San Jose State University $1,380,000 ⊲ Samsung 2020 MEDIAN HOUSE PRICE IN SANTA CLARA COUNTY ⊲ Siemens ⊲ Tata ⊲ Western Digital Source: CBRE Research DOWNTOWN SAN JOSE DEVELOPMENT MAP # PROJECT DEVELOPER SIZE (SF) STATUS 1 200 Park Jay Paul Company 937,000 Under Construction 2 Platform 16 - B1 BXP/TMG Partners 390,000 On Hold 3 Platform 16 - B2, B3 BXP/TMG Partners 700,000 Approved 4 Park Habitat Westbank 1,100,000 Approved 5 CityView Jay Paul Company 3,600,000 Approved 6 Almaden Tower J.P.
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