8626 8642 8644 Arrow Route | Rancho Cucamonga, Ca
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8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA GREAT DEVELOPMENT OPPORTUNITY FOR MINIMUM 12 SINGLE FAMILY RESIDENTIAL LOTS ON THESE 3 CONTIGUOUS LOTS TOTALLY APPROX. 1.23 ACRE 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sources are provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of the property for any party’s intended use or any and all other matters. Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing. EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercial makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercial does not serve as a financial advisor to any party regarding any proposed transaction. All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can be established at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions, vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmental requirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. All properties and services are marketed by KW Commercial in compliance with all applicable fair housing and equal opportunity laws. JOHNNY WONG, Executive Vice President 626.625.2990 Mobile [email protected] CA DRE #01244457 RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 2 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 3 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA ADDRESS 8626 Arrow Route APN 0207-201-24 PROPERTY TYPE Vacant Land LOT SF 16,800 ADDRESS 8642 Arrow Route APN 0207-201-10 PROPERTY TYPE Vacant Land LOT SF 18,480 ADDRESS 8644 Arrow Route APN 0207-201-11 PROPERTY TYPE Vacant Land LOT SF 18,480 COMBINED LOT SIZE 1.23 AC RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 4 N 5 0207-201-11 0207-201-10 0207-201-24 8626 8642 8644 ARROW ROUTE | RANCHO CA CUCAMONGA, | RANCHO ROUTE ARROW 8644 8642 8626 OFFERING MEMORANDUM OFFERING / RANCHO CUCAMONGA DEVELOPMENT DEVELOPMENT CUCAMONGA RANCHO 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 6 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 7 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA SITE SITE STREET VIEW RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 8 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA NEARBY PROPERTIES STREET VIEW NEARBY PROPERTIES RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 9 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA ▪ SALE PRICE: SUBJECT TO OFFER ▪ SALE CONDITIONS: Redevelopment Project ▪ Great development opportunity for minimum 12 Single Family ▪ PARCEL NUMBERS; 0207-201-10, 0207-201-11, 0207-201-24 Residential lots on these 3 contiguous lots totally approx. 1.23 acre. RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 10 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 11 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA RANCHO CUCAMONGA Crowned by its majestic mountains and highlighted by scenic views, tree-lined neighborhoods, and a comfortable climate, Rancho Cucamonga is one of Southern California’s most prestigious communities. Rancho Cucamonga is a city of about 177,000 residents located just south of the foothills of the San Gabriel Mountains and Angeles National Forest in San Bernardino County, California, United States. About 37 miles (60 km) east of Downtown Los Angeles, Rancho Cucamonga is the 19th most populous city in southern California and the 27th state-wide. The city's seal, which centers on a cluster of grapes, alludes to the city's agricultural history including wine-making. The city's proximity to major transportation hubs, airports, and highways has attracted the business of several large corporations, including Coca-Cola, Frito- The city's proximity to major transportation hubs, Lay, Big Lots, Mercury Insurance Group, Southern California Edison, and airports, and highways has attracted the business of Amphastar Pharmaceuticals. several large corporations, including Coca-Cola, Frito- Lay, Big Lots, Mercury Insurance Group, Southern California Edison, and Amphastar Pharmaceuticals. RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 12 In the area around Milliken Avenue, between Archibald and Etiwanda Avenues, Foothill Boulevard, and Fourth Street, about seven square miles of In 2006, Money magazine ranked the city 42nd on its "Best Places to Live" land are primarily occupied by numerous massive distribution centers, and list. Business Insider magazine ranked Haven View Estates, one of the city's even more, smaller manufacturing companies. This area is ringed by office many gated communities, 13th on its list of "The 27 Richest Neighborhoods parks, mostly along Haven Avenue, and shopping strips, such as the Terra in Southern California", just behind the Los Angeles neighborhood of Bel Air, Vista Town Center (part of a nearly two-square-mile master-planned which ranked 12th. community in the center of the city), and malls, such as Victoria Gardens, While most of the city's land area is devoted to residential areas, Rancho and the Ontario Mills, across Fourth Street in Ontario. Cucamonga, like its neighbors Ontario and Fontana, is a major center for the The city is also home to a CMC Steel (Formerly Gerdau, Formerly TAMCO logistics industry in Southern California. This is due to its proximity to two Steel) minimill, the only producer of long steel in California. This mill interstate highways and Ontario International Airport, and the space recycles ferrous scrap, such as junked cars and appliances, to produce afforded by the large tracts of former agricultural land in the southern rebar. section of the city. The city hosts LoanMart Field, (formerly known as The Epicenter), a minor- league baseball stadium, home of the Rancho Cucamonga Quakes. The Quakes' mascot, Tremor, is a "Rallysaurus." RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 13 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA TOP EMPLOYERS 1 Inland Empire Health Plan 2,315 2 Etiwanda School District 2,293 3 Chaffey Community College 2,111 4 Alta Loma School District 1,095 5 City of Rancho Cucamonga 865 6 Amphastar Pharmaceutical 643 7 Mercury Insurance Company 632 8 Macy's 615 9 Central School District 605 10 Big Lots Distribution Center 600 COMPANIES HEADQUARTERED IN RANCHO CUCAMONGA RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 14 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA POPULATION HOUSING UNITS NEW HOME MEDIAN PRICE 171,058 57,443 $560,538 HOUSEHOLD INCOME OVER $100K AVERAGE HOUSEHOLD INCOME ASSESSED VALUATION 35.8% $88,474 $19.5 Billion FREEWAYS RAIL AIRPORTS I-10, I-15, I-210 Metrolink LA Ontario, LAX RANCHO CUCAMONGA DEVELOPMENT / OFFERING MEMORANDUM 15 8626 8642 8644 ARROW ROUTE | RANCHO CUCAMONGA, CA PREPARED BY JOHNNY WONG, Executive Vice President 626.625.2990 Mobile [email protected] CA DRE #01244457 GREAT DEVELOPMENT OPPORTUNITY FOR MINIMUM 12 SINGLE FAMILY RESIDENTIAL LOTS ON THESE 3 CONTIGUOUS LOTS TOTALLY APPROX. 1.23 ACRE.