GOLD COUNTRY CENTER
JACKSON, CA FULLY OCCUPIED GROCERY ANCHORED SHOPPING CENTER IN DESIRABLE NORTHERN CALIFORNIA 2 Overview
GOLD COUNTRY CENTER 781 CA-49, JACKSON, CA 95642
$8,600,000 7.97% PRICE CAP
NOI SF PPSF $685,443 67,665 SF $127.10
LAND AREA OCCUPANCY YEAR BUILT 9.23 AC 100% 1999
Fully occupied by four tenants
Almost all of the tenants have been in the center since 1999
In addition to its regional draw, Jackson has a thriving tourist economy
Large regional draw from the Sierra Nevada Region
Large monument sign on highway 49 (18,500 ADT)
Sales for Raley’s are available upon request
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 3 Investment Highlights Contact the
THE OFFERING is a fully occupied dominant grocery anchored shopping center located team in northern California. The center is leased to four tenants: Raley’s, Payless, Papa Murphy’s and a nail salon. Raley’s and Payless ShoeSource are corporate leases and Papa Murphy’s DAVE LUCAS is a large franchisee operator. Raley’s has been the grocery anchor since the center was [email protected] constructed in 1999 and occupies 62,625 SF. Raley’s lease expires 6/29/24 and has five PH: 415.274.7390 5-year options remaining. The property is located on 9.23 acres and has a total of 325 CA BRE# 01389761 parking spaces (parking ratio of 4.8/1000). The center has excellent signage on Highway 49 and is above grade from street level with strong visibility. CHRIS KOSTANECKI [email protected] THE RETAIL MARKET Gold Country Center is located in the historic city of Jackson, CA, the PH: 415.274.2701 seat of Amador County and a gateway city to the Sierras. Jackson is a popular “weekend” CA BRE# 01002010 town for festivals, antiquing, and for those exploring its historical significance to California’s gold rush. The property is located on Highway 49, the main arterial that runs north/south through the foot hills of the Sierras.
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any DOMINANT GROCERY ANCHORED inaccuracies.
CENTER IN JACKSON, CALIFORNIA 4 49 104 Aerial RIDGE RD
INDEPENDENCE WESTOVER HIGH SCHOOL FIELD 104
JACKSON RANCHERIA CASINO RESORT
JACKSON JR HIGH PIONEER SCHOOL ELEMNETARY
88 88 49 18,500 VPD ARGONAUT HIGH SCHOOL 88 ARGONAUT HIGH SCHOOL
JACKSON ELEMENTARY
SACRAMENTO CLINTON RD
49
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer 5 must verify the information and bears all risk for any inaccuracies. JACKSON PIONEER HEIN AMADOR JR. HIGH ELEMENTARY &COMPANY AMADOR COUNTY SCHOOL ANTIQUES COUNTY JB’S TUXEDO RENTALS Retail Aerial MAIN STREET DESIGNS SUE’S SHOPPE MAYNARD’SJackson COLLECTIBLES Elementary LADY’S FIRST AMADOR SUTTER HEAVEN & EARTH TREASURE’S MERCANTILE COUNTY HEALTH VOLCANO GLASS WORKS HOSPITAL 88 GOLDEN ANCHOR TATTOO MOTHER LODE DELI & CATERING 88 ROSEBUD’S CAFE 49 FAT FREDDY’S HOT DOGS FARGO CLUB EMERALD FOREST ANTIQUES STANLEY’S STEAKHOUSE NATIONAL HOTEL BIGGEST LITTLE KITCHEN STORE FULL CIRCLE TRADING SACRAMENTO TRADER STAN’S CRUCIBLE JEWELRY MAIN STREET COLLECTIBLES GOLD NINE JEWELERS MAIN EVENT BAR TRAIN TOWN CANDIES SWENSEN’S SHOES
CITY OF JACKSON
18,500 VPD 49
STATE OF CALIFORNIA
®
GUARDIAN MINI STORAGE JACKSON TILE & LANDSCAPE 49
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for 6 any inaccuracies. Submarket Overview
RETAILERS IN CLOSE PROXIMITY INCLUDE:
Cost Less Food McDonald’s Sutter Hospital CVS Regal CinemasCustom Map Tractor Supply Dollar Tree Save Mart Walmart Holiday Inn Sears Walgreens Jackson Rancheria Casino Starbucks KFC Subway
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies.
BUSINESS SUMMARY
TOTAL 1-MILE 3-MILES 5-MILES
Businesses 370 855 942
Employees 3,489 7,554 8,630
Residential 3,714 7,250 9,754 Population
KEY 1-MILE 3-MILES 5-MILES
Source: ©2017 Esri.
December 20, 2017
©2017 Esri Page 1 of 1 Subject Property
MONUMENT SIGN
18,500 HIGHWAY 49 VPD
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 8 Income & Expense
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 9 Rent Roll
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 10 Reimbursement Schedule
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 11 and bears all risk forany inaccuracies. This site planis arendering thathas beencreated based onsources we believe to bereliable. We make norepresentations orwarranties, expressed orimplied, as totheaccuracy ofthe information. Buyer mustverify theinformation verify the information andbears allriskforanyinaccuracies. no representations orwarranties, expressed orimplied, astotheaccuracy oftheinformation. Buyermust This site planis a rendering that has been created based on sources we believe to be reliable. We make Site Plan
49
AUTO CLINIC CLINIC AUTO GOLD COUNTRY COUNTRY GOLD (NAP) RENTABLE SF 8,928
VPD RETAIL SHOPS RETAIL (NAP) 18,500 SE WILSON AVE 2,167 VPD
49 SE 3RDSTREET ACRES 0.45 16,705 SPACES VPD 21 CLINTON ROAD
NAIL SALON 12 Tenant Overview RALEY’S Lease is signed by: Raley’s, a California corporation
Raley’s Supermarket (also known as Raley’s Family of Fine Stores) is a privately held, family-owned supermarket chain that operates stores under the Raley’s, Bel Air Markets, Nob Hill Foods, and Food Source names in northern California and Nevada. Founded in 1935 by Tom Raley as Raley’s Drive-In Market, Raley’s now employs over 12,000 people in 124 stores.
Raley’s is headquartered in West Sacramento and remains the dominant supermarket operator in the Sacramento metropolitan area. Raley’s also ranked No. 7 in the Consumer Reports 2014 survey of top U.S. supermarket chains, for customer service in particular.
LOCATIONS THROUGH- OUT CALIFORNIA AND 124+ NEVADA
12,000+
EMPLOYEES
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 13 Tenant Mix PAYLESS SHOESOURCE Lease is signed by: Payless ShoeSource, Inc., a Missouri corporation
Payless ShoeSource is the largest specialty family footwear retailer in the Western Hemisphere, offering an on-trend, comprehensive range of everyday and special occasion shoes and accessories for every member of the family at affordable prices. Payless was founded in 1956 and, today, employs more than 25,000 associates worldwide. It is a privately held company owned by Golden Gate Capital and Blum Capital Partners. PAPA MURPHY’S Lease is signed by: 4 U SMC, Inc., a California corporation
Papa Murphy’s, a take-and-bake pizza company, is the fifth largest pizza restaurant chain in the country. Papa Murphy’s and its franchisees operate more than 1,300 stores in the United States and Canada. In 2014, Quick Service Restaurant Magazine recognized Papa Murphy’s as the top pizza chain. In 2010, the chain was acquired by Lee Equity Partners and, in 2014, they opened the first public offering of the company on NASDAQ as “FRSH”. NAIL SALON Lease is signed by: Personally signed
Nail Salon is a nail salon offering trendy, fashion-forward nail designs. Customers can choose from any of their This information has been secured from sources we believe services such as gel manicures, pedicures, manicures, and to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information and bears all risk for any nail art. inaccuracies. 14 Demographics
POPULATION SACRAMENTO 1-MILE 3-MILES 5-MILES (1 HR, 48 MILES) 2010 2,348 5,761 10,210
2017 2,313 5,706 10,312 JACKSON
2022 2,384 5,844 10,654
2017 HH INCOME 1-MILE 3-MILES 5-MILES Average $68,051 $63,643 $64,369
Median $54,428 $49,498 $50,755
TOP EMPLOYERS IN JACKSON EMPLOYER # OF EMPLOYEES Jackson Rancheria Casino 1,500
Sutter Amador Hospital 350
County of Amador 200 Kit Carson Nursing & Rehab 220 THE AVERAGE HOUSEHOLD Walmart 150 INCOME WITHIN A 5-MILE RADIUS IS OVER $64K
This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as to the accuracy of the information. Buyer must verify the information 15 and bears all risk for any inaccuracies. Location Overview JACKSON, CALIFORNIA
SACRAMENTO, CA
JACKSON, the seat of Amador County, is a full service General SACRAMENTO Sacramento is the capital of California, Law city, with a residential population of 4,651 and daytime the sixth-largest city in the state, and and weekend population of 12-15,000. Jackson is popular on MSA the 35th largest city in the country. the weekends because of its festivals, antiquing, and for those The urban Sacramento area has a exploring its historical significance to California’s gold rush. population of 1.44 million while the Sacramento metropolitan area -- which includes seven counties -- has an estimated The city is located in the heart of California’s historic center, population of 2.66 million. Government and transportation are 45 miles east of Sacramento. Jackson began as a gold mining key sectors of the economy. Technology related companies, camp in 1848 and today is the hub of commerce. It is home to the such as Intel and Hewlett-Packard, have increasingly been only movie theater complex in the County, and hosts a number drawn to Sacramento due to its well-educated labor pool and of popular seasonal events and festivities that are famous proximity to research centers. Other economic drivers include throughout the Sacramento Valley and Northern California. health services, hospitality, education, and construction. The majority of the shopping centers, government offices, and many businesses are located in Jackson and its neighbor town, This information has been secured from sources we believe to be reliable but we make no representations or warranties, expressed or implied, as Martell. to the accuracy of the information. Buyer must verify the information and bears all risk for any inaccuracies. 16 We’d love to hear from you.
DAVE LUCAS [email protected] PH: 415.274.7390 CA BRE# 01389761
CHRIS KOSTANECKI [email protected] PH: 415.274.2701 CA BRE# 01002010
CAPITAL PACIFIC COLLABORATES. CLICK HERE TO MEET OUR SAN FRANCISCO TEAM:
ZEB RIPPLE CHRIS KOSTANECKI CHRIS PETERS
JOHN ANDREINI JOE CACCAMO DAVE LUCAS
ZANDY SMITH RICK SANNER AARON SUSMAN
JACK NAVARRA
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