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Corral Hollow at Linne Rd Development Corral Hollow at Linne Rd. Opportunity Tracy, CA 95377 (115.47 ± Acres) Kevin Dougherty, Dough CCIM Nancy Ann Queirolo +1 209 461 6400 +1 209 461 6400 [email protected]@naibenc [email protected] Corral Hollow at Linne Road Offering Memorandum 1 Table of Contents Area Profile 3 Offering Highlights 4 Property Description 5 Parcel Maps 6 Property Map 7 Tracy General Plan Map 8 Tracy Overview 9 Corral Hollow at Linne Road Tracy, CA 95377 Corral Hollow at Linne Road Tracy, California 2 Area Profile San Joaquin County has a well-balanced, diversified economy with a wide range of employment and housing opportunities. Agriculture is the largest economic producer in the County. The County is one of the top ten agricultural-producing counties in the U.S. and produces 20% of the country’s dairy products. The County projects an average Annual population growth of 2.3 tp 2.8 percent between 1990 and 2010, higher than the state average. Expansion is projected in the retail, service, office and manufacturing sectors of the economy. It is the County’s goal to provide a well-balanced, diversified economy with employment opportunities for all economic segments of the County. San Joaquin County is aggresively pro-business and is committed to growth while maintaining a desirable business and living environment while preserving natural resources. This community offers a diversity of views and opinions in its art and culture, providing a wealth of knowledge about past and present. Over 75 languages are spoken within the region and the blending of customs, foods and cultures creates an air of celebration. From preschool to higher education, San Joaquin County has it covered with an abundant array of opportunities to learn and grow. The University of the Pacific, California State University, Stanislaus - Stockton Center, Humphrey’s College and School of Law, National University, and the San Joaquin Delta Community College offer a wide variety of choices for educational opportunities. The county’s 17 school districts provide families with a wide choice for children’s educational development. Corral Hollow at Linne Road Offering Memorandum 3 Offering Highlights • Adjacent to the City of Tracy • Located between two large land planning areas ZLWKLQWKH&LW\RI7UDF\7UDF\+LOOV6SHFLÛF3ODQ DQG(OOLV6SHFLÛF3ODQ • In the path of residential growth • Approximately 1,466 residential units and 50 acres of commercial parcels surround subject property currently being processed • Subject property is located in the County and will require annexation to the City of Tracy in order to secure City Services • Currently zoned AU20 (Agriculture-Urban Reserve) and is in the Williamson Act • Zoned Urban Reserve 10 by the City of Tracy and pre-zoned as light industrial • Byron Bethany Irrigation District (BBID) • Two wells on property: Domestic Well for house; and Well for irrigating the property • 1 mile west of ACE Train Station CorralCorral HollowHollow at LinneLinne Road TTracy,racy, CCaliforniaalifornia 4 Property Description Asking Price: $4,150,000 - $36,000 ± per acre x 115.47 acres Location: 2601 S. Corral Hollow Road, Tracy APN 253-020-11 – 10.09+/- Acres APN 253-020-12 – 105.38+/- Acres Land: ±115.47/- Acres Zoning: AU20 (Agriculture-Urban Reserve), County of San Joaquin Corral Hollow at Linne Road Offering Memorandum 5 Property Parcel Map Corral Hollow at Linne Road Tracy, California 6 Property Map CORDES RANCH 253-020-11 10.09+/- AC Ellis Specific Plan 253-020-12 105.38+/- AC Tracy Hills Specific Plan Corral Hollow at Linne Road Offering Memorandum 7 City of Tracy General Plan Map W PeoriaPeoria AveAve ±±32,63432,634 VVPDPD Corral Hollow at Linne Road Tracy, California 8 Tracy Overview City of Tracy solid base of small businesses, national retailers and restaurants. With an ongoing Population 83,103 commitment to providing high-quality, economical, responsive services to the local FRPPXQLW\7UDF\LVZHOOSRVLWLRQHGIRUIXWXUHFRPPHUFLDORIÛFHDQGLQGXVWULDO Median Age 32.5 development. Under 24 53% 24 - 74 years 18% Top Distribution Employers 75+ years 29% Company Median Household Income $83,460 Costco Cold Storage Costco Distribution Center Median Home Price $118,000 Crate & Barrel Home Depot Distribution Kelloggs-Keebler/APL Logistics McLane Food Service Community Overview Orchard Supply Hardware Tracy is centered in a triangle formed by major Interstate Pepsi/Gatorade - Jacobson Distribution I-205 to the north, I-580 to the west and I-5 to the east. Restoration Hardware This arrangement offers easy access to a modern, well Safeway Distribution Center maintained network of roads and easy access to the Yellow Freight cities of Sacramento, San Francisco, San Jose and Winco Foods Los Angeles. Recreation hot spots like the Bay Delta, Yosemite, Tahoe and the San Francisco Bay area also within easy reach. The City of Tracy has established itself as an important suburb to the San Francisco Bay Area region with its Corral Hollow at Linne Road Offering Memorandum 9 Presented By: NAI Benchmark First Commercial 2920 Pacific Avenue Stockton, CA 95204 +1 209 461 6400 naibenchmark.com Kevin Dougherty, CCIM Principal +1 209 461 6400 BRE#01258350 [email protected] NNancy AQAnn Queirolo Senior Associate +1 209 461 6400 BRE#01134315 [email protected] JudyJ d StillianStilli Executive Assistant +1 209 461 6400 BRE#01386505 [email protected] Hollow at Linne Road Tracy, California 10.
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