MEMORIAL GARAGE h & 14th StREEt - SAcRAMEntO ca

Transcription

1 MEMORIAL GARAGE h & 14 th Street - sacramento ca

2 2 3 the PROPERTY Turton Commercial is pleased to present a PRIME DOWNTOWN RETAIL opportunity near the memorial auditorium and Convention Center th Street: ± 8,074 SF Former Coyote Tap House and Oshima Sushi Plug & Play Restaurant 1414 H Street: ± 1,550 SF Former Starbucks Heart of Downtown, Sacramento Negotiable Lease Rate Excellent Window Lines Abundant Natural Light Potential Building Signage Open Floor Plan Highly Visible Corner Location High Pedestrian Traffic Over 97,000 Employees in a 1-Mile Radius On-Site Public Garage Parking

3 4 5 floor plans the location Downtown Sacramento is the epicenter for the region s most exciting events and development activity. Downtown continues to be the hub of Sacramento s $2.8 billion tourism industry with more than 378 conventions and events and more than 880,000 attendees in 2014 alone. The burgeoning nightlife and entertainment scene, coupled with the development of the new Entertainment and Sports Center (ESC), provides the perfect opportunity for an office or retail user to define their company culture in Sacramento s booming downtown submarket H STREET ± 1,550 SF Pennisi s Deli Muntean s Soup J STREET 21st STREET 20TH STREET Memorial Auditorium 19TH STREET I STREET Bulls Restaurant & Bar 18TH STREET 13TH STREET 12TH STREET Sterling Hotel 15TH STREET LOCATION Aerial Map H STREET 17TH STREET 30 new retail businesses opened downtown in 2014 and the office market continues to develop as firms move to the urban core to attract top talent. More than one-third of the Class A office space in the region is located in Downtown providing a large daytime population of over 70,000 employees. Fueled by the millennial generation, demand for downtown housing continues to grow from its current 17,000 residents and Downtown hotel occupancy has increased to 77% - well above the national average. Convention Center Luigi s Slice Azul Esquire IMAX Theatre K STREET ± 8,074 SF Head Hunters Lucky Cafe l State Capitol Mulvaney s TH STREET Kupros

4 6 7 demographics Downtown is strategically located in the heart of Sacramento s Popular and Rising Urban Core sacramento annual salary breakdown Over $100, % $60,000 - $75, % $75,000 - $100, % $40,000 - $60, % largest nearby employment industries Within 1 mile radius $30,000 - $40, % Under $30, % Public Admin. & Sale 48% Scientific & Tech. 17% Hospitality & Food 7% Health Care & Social 5% Information 4% Other 19% DEMOGRAPHICS OF THE GRID 71,335 11,062 TOTAL HOUSING UNITS 17,736 TOTAL DOWNTOWN RESIDENTS DAYTIME EMPLOYEES 55 DOWNTOWN BARS 15.3 million ANNUAL REGIONAL VISITORS 607, CONVENTION CENTER ATTENDEES RESTAURANTS city rankings #1 Happiest workers in midsized cities #1 Most valuable minor league baseball team #2 Top 10 most fun, affordable U.S. cities #4 U.S metro clean tech index #4 Best cities for nerds #10 Best cities for women in the workforce #10 Best cities for coffee snobs #10 Lease Stressed-out cities #14 America s coolest cities #16 Best cities for millennials #25 America s top 50 bikefriendly cities annual consumer spending within a one mile radius of location: apparel entertainment eateries/alc. transport health & ed. household > Numbers in millions Number of EMployees within varying radius: 97, , ,867 1 mile 2 3 > These figures based on data from 2012 apartment building sales (in millions) This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and aare the property of their respective owners.

5 aaron marchand D.R.E. Lic jon lang D.R.E. Lic patrick stelmach D.R.E. Lic L STREET, STE 200, SACRAMENTO, CA TURTONCOM.COM