Sec HWY 267 & Soaring Way, Truckee, CA A Shopping & Gathering Experience Now Preleasing ARIEL FOX DRE# 01496200 916.473.8805 afox@retailwestinc.com HILARY PARKER DRE# 01760862 415.292.2697 hparker@retailwestinc.com
PROPERTY OVERVIEW Soaring Ranch is a 16 acre, planned retail and residential development located 1.5 miles south of I-80 on SR-267, with convenient access to major freeways. Raley s Supermarket ±89,000 SF Retail & Restaurant Space 35,000 SF 80 For-Lease Residential Units In addition to being a highly visible site for locals and second home owners, this location on SR-267 will feature prominently to tourists passing through Truckee from the Bay Area and beyond. Or, those driving to Lake Tahoe from Truckee Highway 267 is one of the busiest thoroughfares leading to North Lake Tahoe. It goes right by Soaring Ranch. This will be the ONLY retail shopping center on the East side of Truckee 20,000 + ADT SOARING RANCH TRUCKEE AIRPORT
A B DOWNTOWN C D SOARING RANCH E RETAIL MARKET There are currently only two full-service grocery anchored shopping centers in Truckee Gateway at Donner Pass and Crossroads that are both located west of Downtown Truckee. These two shopping centers are known by tourists and locals alike to often be overcrowded and inconvenient due to their long lines and peripheral location. A B C D E Truckee High School 632 students Tahoe Forest Hospital Sierra College 1000 students Truckee Airport Airport Business Park Nearby Golf Courses
INTRODUCING SOARING RANCH The shopping center will feature a Supermarket. They are upgrading their brand by focusing on a healthier, industry leading market concept. This new flagship location will serve as a model for the Raley s portfolio for many years to come. The Shopping Center will serve the affluent and growing East Truckee Community and Tourists visiting the North Lake Tahoe region. Truckee ranks as a top performing market for grocers. PHOTOS ARE REPRESENTATIVE ONLY
A NEW SHOPPING EXPERIENCE The shopping experience at Soaring Ranch will be a balance between the best of local and national retailers. The center s design will incorporate thoughtful outdoor gathering spaces for socializing. PHOTOS ARE REPRESENTATIVE ONLY
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SITE PERSPECTIVE CONCEPTUAL
DEMOGRAPHICS GROWING A COMMUNITY ANNUAL VISITORS SQUAW VALLEY ALPINE MEADOWS Regional Map TRUCKEE TAHOE CITY SOARING RANCH NORTHSTAR KINGS BEACH LAKE TAHOE Truckee s population has more than quintupled over the course of over 25 years. HOUSEHOLD INCOME The average income of each person living in Truckee has increased 24% since 2000 and 9% since 2010. GROWING WEALTH Nearby year-round luxury communities signal a shift in Truckee demographics towards a more affluent residential base. 1990 2015 $100,083 is the average household income in Truckee. 3,000+ MILLIONAIRES currently make up over 7% of Truckee s population. POPULATION BREAKDOWN 52.2% 47.8% 59.1% 3,000,000+ Tourists flock to the Tahoe Area annuallly. $500,000,000 is the approximate annual visitor travel spending in North Lake Tahoe region each year. 40.8% 37.5% 62.5% Women White Collar Family Households Men Blue Collar Non-Family
AFFLUENT NEIGHBORS 1 Schaffer s Mill Drive Time Acres Homesites 4 min. 475 406 Avg. Home Price $1.4m $2m 2 Martis Camp 7 min. 2,177 650 $2.8m $10m 3 Lahontan 5 min. 906 509 $1.4m $2m 4 Northstar 10 min. 3,170 1400 $1.1m $6.7m SOARING RANCH 5 Ritz-Carlton 10 min. 3,170 171 $369 $1,359/night 1 2 3 4 5 Ritz-Carlton KINGS BEACH These homes surrounding the 18- hole championship course designed by Hall-of-Famer Johnny Miller. Amernities at Schaffer s Mill include an espansive club house, tennis and swim facilities, community trails, and premier fly-fishing locations. In a 2013 article by Forbes Magazine entitled Martis Camp: Possibly the Best Four-Season Private Community in the U.S., not only are the golf and other highquality club amenities touted, but the club s proximity to world class skiin is described as putting it a cut above the rest. World reknowned golf course architect, Tom Weiskopf, designed an 18-hole championship course along with a nine hole Par-3. Recent awards include being ranked one of America s Top 100 Golf Communities by Travel & Leisure and the 23rd Best Residential Course in the country by Golfweek. SQUAW VALLEY LAKE TAHOE ALPINE MEADOWS Schaffer s Mill Ritz-Carlton Martis Camp Lahontan Northstar
HERE S WHAT OTHERS ARE SAYING ABOUT TRUCKEE TOP 10 MOUNTAINBIKE DESTINATIONS 2016 TOP FOUR BEST ADVENTURE TOWNS #3 BEST SKI TOWN WHAT TRUCKEE SAYS ABOUT THEMSELVES WELCOMING HEALTHY FAMILY ORIENTED ECO CONSCIOUS COMMUNITY MINDED ART, CULTURE, HISTORY ADVENTUROUS CREATIVE OPEN MINDED LAID BACK AUTHENTIC BEST OUTSIDE TOWN NATURAL