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3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
NEVADA CITY'S PREMIER OFFICE BUILDING
LOCK RICHARDSPresident/[email protected] #01302767HIGHLAND COMMERCIAL11300 WILLOW VALLEY RDNEVADA CITY, CA 95959WWW.SPERRYCGA.COM
HIGHLAND COMMERCIAL
Sperry Commercial Global Affiliates, LLC operates a commercial real estate business and is an affiliate or franchisee ("Affiliate") of Sperry Commercial Global Affiliates, LLC GlobalAffiliates, LLC ("SperryCGA"). Sperry Commercial Global Affiliates, LLC is independently owned and operated. Sperry Commercial Global Affiliates, LLC and the owner ("Owner") ofthe property referenced herein ("Property") present this Confidential Offering Memorandum ("Memorandum") to assist the recipient(s) ("You" or "Your") in evaluating the Propertyand it is intended solely for Your limited use in determining whether you desire to acquire the Property. This Memorandum contains brief, selected information pertaining to theProperty and should not be considered all-inclusive or permanent. The information in this Memorandum has been obtained from sources believed to be reliable, but SperryCommercial Global Affiliates, LLC and SperryCGA have not verified it and Owner, Sperry Commercial Global Affiliates, LLC and SperryCGA do not make any guaranty, warranty orrepresentation, express or implied, as to the accuracy or completeness of this Memorandum or the information contained herein.
You should independently verify each item of information in this Memorandum and have the same reviewed by your tax or investment advisor and/or legal counsel. ThisMemorandum and any communications You may have with Sperry Commercial Global Affiliates, LLC, SperryCGA and/or Owner and their respective officers, brokers, agents oremployees regarding this Memorandum or the Property does not in any way constitute any legal, investment or tax advice to You. All assumptions, projections, estimates and/oropinions in this Memorandum are provided as examples only and all information is subject to change, error, omissions and/or withdrawal without notice. Any references in theMemorandum to area, height, acreage, building or premises size or square footage are approximations only and should be independently verified by You. Any references in theMemorandum to any lease or tenant information, including without limitation the premises, rental rates, rent escalations, common area expenses, percentage rents and leasematurities should be independently verified by You. You should conduct your own investigations and due diligence of the Property, including without limitation environmental andphysical condition inspections and reach your own conclusions regarding the suitability of the Property for investment.
Sperry Commercial Global Affiliates, LLC, SperryCGA and Owner assume no responsibility for the accuracy or completeness of any information in this Memorandum. SperryCommercial Global Affiliates, LLC and Owner expressly disclaim any implied or expressed warranties of merchantability, fitness for a particular purpose or non-infringement ofintellectual property relating to this Memorandum. In no event shall Sperry Commercial Global Affiliates, LLC, SperryCGA or Owner be liable for any damages resulting from thereliance on or use of any information in this Memorandum, including but not limited to direct, special, indirect, consequential or incidental damages.
By accepting receipt of this Memorandum, You agree to the following: (a) This Memorandum is of a highly confidential nature, will be held in the strictest confidence and shall bereturned to Sperry Commercial Global Affiliates, LLC upon request; (b) You shall not contact any property manager, contractor, employee or tenant of the Property regarding theProperty or this Memorandum, without prior approval of Sperry Commercial Global Affiliates, LLC or Owner; and (c) You understand and agree that Sperry Commercial GlobalAffiliates, LLC represents Owner and not You and (iv) this Memorandum and this information contained therein shall not be used by You in any way that is detrimental to Owner,Sperry Commercial Global Affiliates, LLC or SperryCGA. Neither Sperry Commercial Global Affiliates, LLC, SperryCGA nor Owner shall have any obligation to pay any commission,finder's fee, or any other compensation to any broker or other person. You may provide information to persons retained by You to evaluate the Property only after first obtaining asigned confidentiality agreement from such persons and providing a copy of such agreement to Sperry Commercial Global Affiliates, LLC.
The Owner expressly reserves the right, at its sole and absolute discretion, to reject any or all expressions of interest or offers to Purchase or Lease the Property, and/or to terminatediscussion with You or any other person or entity at any time with or without notice which may arise as a result of review of the Memorandum.
The Owner shall have no legal commitment or obligation to You or any person or entity reviewing this Memorandum or making an offer to purchase, lease, or finance the Propertyunless and until written agreement(s) for the purchase or finance of the Property that are satisfactory to Owner in its sole and absolute discretion have been fully executed,delivered and approved by the Owner and any conditions to the Owner's obligations therein have been satisfied or waived.
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
CCONFIDENTIALITY & AONFIDENTIALITY & AGREEMENT /GREEMENT /// 22SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
HIGHLAND COMMERCIAL
CONFIDENTIALITY & AGREEMENT
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
EXECUTIVE SUMMAREXECUTIVE SUMMARY /Y /// 33SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
OFFERING SUMMAROFFERING SUMMARYY
Sale Price: $1,583,000
Cap Rate: 11.26%
NOI: $178,174
Lot Size: 1.27 Acres
Year Built: 2008
Building Size: 10,554
Zoning: EC - Employment
Center
Market: Nevada City
Submarket: Seven Hills Business
District
Price / SF: $149.99
This like-new office project comprises +-10,554 SF formally mapped into seven business condominium units which may beoccupied, sold or leased either separately or in joint configurations providing ultimate ownership flexibility. Perfect for abusiness desiring future growth capability and existing rental income or an investor seeking highest quality/lowestmaintenance construction with flexible asset management opportunities. Three of the units are fully built-out and four remainin "warm shell" condition ready for new custom interior build-outs to suit. Arguably one of the the finest buildings in NevadaCounty, the property is also within walking distance to breweries, cafes, grocery stores, schools, medical/dental offices, newhousing & more. Additional amenities include an almost 1 acre common park area including basketball and bocce ball courts,picnic tables and over 1 mile of walking/exercise trails. Over 2500 SF of additional full height basement space may also beused for storage or possibly additional office space.
PROPERTY OPROPERTY OVERVERVIEWVIEW
PROPERTY HIGHLIGHTPROPERTY HIGHLIGHTSS
• Divisible into 7 separate condo units.
• AT&T gigabyte fiber to building.
• Walkable live/work/play location.
• Planned workforce housing within park.
• Only 1/2 mile from Highway 49/20.
• Unparalleled amenities including exercise trails and sport courts.
EXECUTIVE SUMMAREXECUTIVE SUMMARYY
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
PROPERTY DESCRIPTION /PROPERTY DESCRIPTION /// 44SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
Nevada City is located in the heart of California's Gold Country midway between Sacramento and
Lake Tahoe - above the fog and below the snow. Reno and Sacramento airports are just slightly over
one hour's drive. Nevada County has a vibrant tech business sector and quality of life second to
none.
The property is located in Nevada City's highly desirable Seven Hills Business District in the region's
newest and finest mixed-use business park less than one-half mile from Highways 49 & 20. The park
includes up to ten building sites with entitlements in place for a total of 210,000 sq ft of office / light
industrial space. 20 acres of the park were recently approved for 59 residences making for an ideal
live, work & play environment. Shopping, restaurants, lodging, housing, health clubs and schools are
all within walking distance of the property.
LLOCAOCATION OTION OVERVERVIEWVIEW
The common area parcel, upon which sits the seven-unit Liberty Hill office condominiumdevelopment, is +-1.27 acres.
SITE DESCRIPTIONSITE DESCRIPTION
LLOCAOCATIONTION
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
LLOCAOCATION MAPS /TION MAPS /// 55SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
LLOCAOCATION MAPSTION MAPS
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
AERIAL MAP - VICINITY /AERIAL MAP - VICINITY /// 66SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
AERIAL MAP - VICINITYAERIAL MAP - VICINITY
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
AERIAL CLAERIAL CLOOSE - UP /SE - UP /// 77SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
AERIAL CLAERIAL CLOOSE - UPSE - UP
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
PPARCEL (APN) MAP /ARCEL (APN) MAP /// 88SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
PPARCEL (APN) MAPARCEL (APN) MAP
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
SITE PLAN /SITE PLAN /// 99SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
SITE PLANSITE PLAN
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
CURRENT FLCURRENT FLOORPLAN /OORPLAN /// 1010SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
CURRENT FLCURRENT FLOORPLANOORPLAN
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
FLFLOORPLAN LOORPLAN LOOWER LEVEL /WER LEVEL /// 1111SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
FLFLOOR PLAN - LOOR PLAN - LOOWER LEVELWER LEVEL
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
ADDITIONAL PHOADDITIONAL PHOTTOOS /S /// 1212SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
ADDITIONAL PHOADDITIONAL PHOTTOOSS
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
RENT ROLL /RENT ROLL /// 1313SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
TENANTTENANTNAMENAME
UNITUNITNUMBERNUMBER
UNITUNITSIZE (SF)SIZE (SF)
LEALEASESESSTTARTART
LEALEASESEENDEND
MARKETMARKETRENTRENT
% OF% OFBUILDINGBUILDING
MARKET PRICEMARKET PRICEPER SFPER SF/M/M
Available - Warm Shell 351 1,152 $1,728 10.92 $1.50
Available - Warm Shell 352 1,530 $1,989 14.5 $1.30
Available - Warm Shell 353 1,704 $2,385 16.15 $1.40
Electrical Design Technology 354 1,494 6/1/18 5/31/21 $2,091 14.16 $1.40
Available - Finished Office 355 1,302 $1,887 12.34 $1.45
Executive Suites (4 of 6 leased) 356A-F 1,572 M2M M2M $3,190 14.89 $2.03
Available - Warm Shell 357 1,800 $2,610 17.06 $1.45
TTotals/Aotals/Avvereragesages 1010,554,554 $15,882$15,882 $1.51$1.51
RENT ROLLRENT ROLL
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
PROPERTY DETPROPERTY DETAILS /AILS /// 1414SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
BUILDING INFORMABUILDING INFORMATIONTION
Building Size 10,554 SF
Building Class A
Occupancy % 29%
Tenancy Multiple
Number Of Floors 1 + basement
Year Built 2008
Gross Leasable Area 10,554 SF
Load Factor No
Construction Status Existing
Framing Wood frame with partial basement and large crawl
space for easy utility distribution.
Condition Excellent
Roof Sloped comp
Free Standing Yes
Number Of Buildings 1
Ceilings Suspended acoustical tile or drywall. Structural
height available for recessed panel areas.
Foundation Concrete perimeter with large crawl space and
partial basement.
PROPERTY DETPROPERTY DETAILSAILS
Property Type Office
Property Subtype Office Building
Zoning EC - Employment Center
Lot Size 1.27 Acres
APN# 05-190-55/56/57/58/59/60/61/62
Lot Frontage +-600 feet
PPARKING & TRANSPORTARKING & TRANSPORTAATIONTION
Street Parking Yes
Parking Type Surface
Parking Ratio 4.0/1000
Number Of Spaces 47
Parking Description On-site parking with additional street parking.
UTILITIES & AMENITIESUTILITIES & AMENITIES
Central HVAC Separate central HVAC units existing in attics of all
units.
Broadband AT&T Gigabit
Gas / Propane Natural gas
Exterior Description Low maintenance Hardiplank lap-siding with
upgraded comp shingle roofing.
Utilities Description All underground city utilities.
PROPERTY DETPROPERTY DETAILSAILS
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
DEMOGRAPHICS MAP /DEMOGRAPHICS MAP /// 1515SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
POPULAPOPULATIONTION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES
Total population 2,100 31,552 63,006
Median age 46.5 44.4 47.8
Median age (Male) 45.4 41.1 45.8
Median age (Female) 47.6 47.8 49.6
HOUSEHOLDHOUSEHOLDS & INCS & INCOMEOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES
Total households 875 13,542 27,050
# of persons per HH 2.4 2.3 2.3
Average HH income $79,403 $64,148 $68,414
Average house value $891,116 $596,802 $503,070
ETHNICITY (%)ETHNICITY (%) 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES
Hispanic 8.6% 9.8% 7.9%
RARACE (%)CE (%)
White 92.8% 90.7% 92.3%
Black 0.6% 0.6% 0.5%
Asian 2.4% 2.2% 1.6%
Hawaiian 0.0% 0.1% 0.2%
American Indian 1.5% 3.9% 2.4%
Other 0.3% 0.7% 0.9%
* Demographic data derived from 2010 US Census
DEMOGRAPHICS MAPDEMOGRAPHICS MAP
NEVNEVADADA CITY'S PREMIER OFFICE BUILDINGA CITY'S PREMIER OFFICE BUILDING 3351 - 351 - 3557 PRO7 PROVIDENCE MINE ROVIDENCE MINE ROADAD, NEV, NEVADADA CITYA CITY, CA 9, CA 955995599
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submittedsubject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptionsor estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of theproperty and transaction.
ADADVISOR BIO & CVISOR BIO & CONTONTAACT 1 /CT 1 /// 1616SperryCSperryCGA - Highland CGA - Highland Commerommercialcial /// 11300 WILL/ 11300 WILLOOW VW VALLEY RDALLEY RD, NEV, NEVADADA CITYA CITY, CA 9, CA 95599559 /9 // SPERR/ SPERRYYCCGA.GA.CCOMOM
11300 Willow Valley RdNevada City, CA 95959T [email protected] #01302767
PROFESPROFESSIONAL BASIONAL BACKCKGROUNDGROUND
Lock Richards serves as a President and Broker for Highland Commercial, Inc. specializing in the sale and leasingof office, industrial, retail, land & multi-family properties in the Sierra Foothills and Greater Sacramento regions ofNorthern California. As an active licensed real estate broker since 1990, he has over 25 years of invaluableknowledge and experience and has grown his firm into the region's most respected commercial real estatecompany.
Prior to joining with Sperry Commercial Global Affiliates, Richards’ firm was affiliated with Sperry Van Ness/SVNfor 15 years, and Richards consistently earned annual recognition in the top echelon of producers nationally forthe company. In his backyard of Nevada County, he has brokered the majority of all commercial land deals andhas successfully closed many of the area’s highest-profile commercial property transactions. He has completeddeals with such prominent companies as Tractor Supply, Dollar General, National Semiconductor, 2Wire, Tektronixand Linear Technology Corporation.
Prior to moving to Nevada County, Richards spent several years in corporate real estate in the Bay Area. AtBeazer Developments West and Hanson Properties West in San Francisco, he managed several large-scale,formerly industrial properties, transitioning them into successful developments, including a half-million squarefoot office park in the heart of Silicon Valley (now home to Microsoft Corp.) and a Home Depot/Food for Lessshopping center in Hayward, California. Richards was also responsible for the project management anddisposition of a multi-million dollar portfolio of the operating company’s properties throughout the WesternUnited States.
Richards began his career in Sacramento working in office leasing for Buzz Oates Enterprises / Sylva-Kirk &Company. He also spent several years in office leasing and sales in the East Bay Area at Norris, Beggs & Simpson.Richards graduated from the University of California at Berkeley in 1982.
EDUCAEDUCATIONTION
University of California, Berkeley, B.A. 1982
MEMBERSHIPS & AFFILIAMEMBERSHIPS & AFFILIATIONSTIONS
Northern California CCIM, Nevada County Association of Realtors, Nevada County Contractors Assoc (NCCA),Grass Valley & Nevada City Chambers of Commerce, Greater Sacramento Metrolist, Nevada County EconomicResource Council
LLOCK RICHARDOCK RICHARDSS
President/Broker
ADADVISOR BIOVISOR BIO