8.47 ACRES Outlet Center Drive FOR SALE
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- Randolf Holmes
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1 8.47 ACRES Outlet Center Drive FOR SALE See page 5 for pricing detail Arbuckle Street - Total of 8 parcels adjacent to proposed casino or free way frontage Barstow, CA The Chemehuevi Indian tribe owns 40 acres on Outlet Center Drive adjacent to the subject property and is awaiting a final approval from the Department of Interior to build a casino/hotel. These parcels are between the casino property and Interstate 15. There is a proposed new on/off ramp at Interstate 15 and Arbuckle Drive, if the casino is built, making this parcel one of the most desirable sites in the area. The Los Coyotes Indian tribe is also seeking approval for a casino/hotel. Each is projected to bring over 1000 construction jobs and several hundred permanent jobs to the area, thereby promoting huge growth for the local economy if one or both obtains approval. Because much of the land to the south of Barstow is owned by the Federal government, either one or both of these projects should result in a substantial increase in the value of privately owned land in the area and new development/user opportunities. The Outlets at Barstow Lenwood Road Exit Proposed Los Coyotes Casino/Hotel Site SUBJECT SITES Chemehuevi Indian Casino/Hotel Site NOT TO SCALE LOCATIONS ARE APPROXIMATE This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. EXCLUSIVE AGENT: Frecia C. Johnson, Ph. D., CCIM Johnson Real Estate Group, Inc. O: (657) F: (760) CA BRE License #
2 The Outlets at Barstow (adding 40-60,000 s.f.) Proposed Los Coyotes Casino/ Hotel Acres Also available Outlet Center Drive Proposed Chemehuevi Casino/Hotel Outlet Center Drive Off-ramp SUBJECT 8.47 Acres
3 BARSTOW IS WELL-KNOWN AS THE INTERSECTION OF THE 1800 s EAST/WEST AND NORTH/SOUTH OLD SPANISH TRAILS, A REPUTATION IT ENJOYS TODAY AS THE MAIN INTERSECTION AND TRANSPORTATION HUB CONNECTING SOUTHERN CALIFORNIA. LAS VEGAS/UTAH, WEST- ERN CALIFORNIA/ AND ARIZONA. BARSTOW RECEIVES THOUSANDS OF TOURISTS A YEAR WHO VISIT ITS MAIN STREET - THE LONGEST MAIN STREET ON ROUTE 66 IN THE U.S. THE CITY HAS APPROVED A ROUTE 66 REVITALIZATION PLAN, WHICH IS CURRENTLY IN PROGRESS.
4 OPPORTUNITY BARSTOW CURRENT ACTIVITY Two proposed casino/hotels are awaiting responses to their requests for approval from the Department of Interior. Best Western will begin construction in 2017 on a 66 unit hotel on Commerce Parkway next to McDonald s (I-15/Lenwood Road exit). Home 2 Suites will begin construction in 2017 on approximately 120 roomson Fisher Boulevard Choice Medical has opened a 17,000 s.f. facility on West Main Street for medical offices. Spanish Trails Travel Center with freeway monument sign and proposed adjacent restaurant will begin construction The Main Street/Lenwood Road grade separation was completed for the industrial park. Harbor Freight now occupies 17,000 s.f. in the former Kmart Store at Virginia Way and Barstow Road. Lenwood area hotel occupancy is over 86%. A 41,000 s.f. Asian Food Court on High Point Parkway (near Lenwood Road) opened August New Super Walmart at Montera Place. EXCLUSIVE AGENT: Frecia C. Johnson, Ph. D., CCIM Johnson Real Estate Group, Inc. O: (657) C: (626) F: (760) CA BRE License #
5
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