M u r i e t a T U R R IE A€¦ · 12.05. 2016: 1: M U R R I E T A m a r k e t p l a c e M u r i e t a M a r k e t p l c e: EST. 2017: murrieta: MM: marketplace: murrieta : market:

Landlord and Broker make no representation regarding the accuracy and deliverability of the accuracy of the information contained herein. Terms of sale or lease and availability are subject to change or withdrawal without notice. Murrieta Marketplace Holdings, LLC and Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 | Corporate ID# 01048055

BRIAN BIELATOWICZ 951.445.4515

[email protected] #01269887

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NWC CLINTON KEITH ROAD (BENTON) & WINCHESTER ROAD (HWY 79 NORTH)

MURRIETA, CA

DEMOGRAPHICS 2 mile 3 mile 5 mileAverage Income $105,211 $104,809 $97,169

Population 36,017 57,278 154,658

Daytime Population 2,735 5,401 21,474*Source: Regis

TRAFFIC COUNTS

26,859 CPDWinchester Rd.

20,203 CPDClinton Keith Road Expansion (Anticipated)

*Source: CoStar *Source: Riverside County

� Now leasing anchor and Jr. Anchor and Pads

� Phase 1 Estimated Opening: 4th Quarter 2019

SHOPPING CENTER HIGHLIGHTS:


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Landlord and Broker make no representation regarding the accuracy and deliverability of the accuracy of the information contained herein. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside and Murrieta Marketplace Holdings, LLC “Landlord”. This site plan is not a representation, warranty or guarantee as to size, location, identity of any tenant, the suite number, address or any other physical indicator or parameter of the property and for use as approximated information only. The improvements are subject to change, additions, and deletions as the architect, landlord, or any governmental agency may direct or determine in their absolute discretion.

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Lee & Associates is proud to present this rare leasing opportunity in the region’s newest community shopping center known as Murrieta Marketplace which will feature roughly ±500,000 square feet of building space and is located at the NWC Winchester Road (Highway 79 North) and Clinton Keith Road in the City of Murrieta. The northeast portion of the Murrieta trade area is severely underserved offering a prime opportunity for many retail, service and restaurant uses to capitalize on. Murrieta Marketplace will be built in Phases and Phase 1 will be comprised of +/-240,000. The project is fully entitled, EIR in place, Development Agreement in place with the City of Murrieta. The developer will substantially conform and modify the site plan/elevations to not jeopardize any approvals already in place to expedite development of this shopping center

MAJOR 3

45.0 K

SHO

PS K4.0K

SHO

PS L3.0 K

DRIVE THRU 35.0 K

SHOPS G4.0 K

3 D

AP K

0.6

PAD 47.0 K

RESTAURANTPAD C7.6 K

SHOPS H9.6 K

BUILDING 4

12.0K

BUILDING 312.0 K

GAS STATION

BUILDING 217.0 K

PHARMACY DRIVE THRU

MAJOR 235.0 K

GROCER55.0 K

PROJECT SUMMARY

WINCHESTER ROAD

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HOME DEPOTHOME DEPOT GARDEN CENTERMARKETMAJOR 1MAJOR 2MAJOR 3GROCERCAR WASHDRIVE THRU 1DRIVE THRU 2DRIVE THRU 3BUILDING 1BUILDING 2BUILDING 3BUILDING 4RESTAURANT PAD ARESTAURANT PAD BRESTAURANT PAD CPAD 1PAD 2PAD 3PAD 4SHOPS ASHOPS BSHOPS CSHOPS DSHOPS ESHOPS FSHOPS GSHOPS HSHOPS JSHOPS KSHOPS LTOTAL

PHASE 2 PHASE 3

106.4 K28.1 K

20.0 K40.0 K35.0 K45.0 K55.0 K

2.1 K5.0 K3.6 K5.0 K

12.0 K17.0 K12.0 K12.0 K

5.9 K6.2 K7.6 K8.1 K

6.6 K6.0 K7.0 K7.0 K3.7 K3.6 K7.6 K

10.0 K5.2 K4.0 K9.6 K5.0 K4.0 K3.0 K

508.6 K 2,177 STALLS REQUIRED2,482 STALLS PROVIDED

MAJOR140.0 K

L SP

OHS

J 0.5

429

508

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Murrieta Market PlaceMurrieta, California

J&T Management139 Radio Rd, Corona, California

CLIENT PROJECT

15.177Long Beach, CA 562.628.8000 rdcollaborative.com1

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Landlord and Broker make no representation regarding the accuracy and deliverability of the accuracy of the information contained herein. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside and Murrieta Marketplace Holdings, LLC “Landlord”. This site plan is not a representation, warranty or guarantee as to size, location, identity of any tenant, the suite number, address or any other physical indicator or parameter of the property and for use as approximated information only. The improvements are subject to change, additions, and deletions as the architect, landlord, or any governmental agency may direct or determine in their absolute discretion.

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Landlord and Broker make no representation regarding the accuracy and deliverability of the accuracy of the information contained herein. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside and Murrieta Marketplace Holdings, LLC “Landlord No warranty or representation has been made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice. Lee & Associates Commercial Real Estate Services, Inc. - Riverside. 25240 Hancock Avenue, Suite 100 - Murrieta, CA 92562 | Corporate ID# 01048055

74UNITS

78UNITS

GOLDEN CITY502 UNITS PROPOSED

76UNITS

71 UNITS

92UNITS

KBHOMES198 SF

LENNARHOMES1,005 SF

KBHOMES498 SF

BEAZERHOMES398 SF

BEAZERHOMES128 SF

MERITAGEHOMES130 SF

BARRATTAMERICAN

140 CONDOS

SHELDON GROUP38 SF

MERITAGEHOMES40 SFBARRATT

AMERICAN125 CONDOS

PULTEHOMES161 SF

CORNERSTONECOMMUNITIES

253 SF

FORECASTHOMES65 SF

LENNAR446 SF

Murrieta Hot Springs Rd

FRENCH VALLEY AIRPORT CENTER

16 PLANNEDINDUSTRIAL BUILDINGS

COMING SOON

CLINTON KEITH ROAD EXT PROJECT1 mi radius

3 mi radius

5 mi radius

PROPOSED

*Source: Derrigo Housing Studies 2016

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The Conceptual Elevations & Images Contained Herein Are Subject To Change And/Or Are For Illustrative Purposes

CONCEPTUAL ELEVATIONS




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The Conceptual Elevations & Images Contained Herein Are Subject To Change And/Or Are For Illustrative Purposes

CONCEPTUAL ELEVATIONS




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NWC CLINTON KEITH ROAD (BENTON) & WINCHESTER ROAD (HWY 79 NORTH) MURRIETA, CA

PROPOSED PYLON & MONUMENT SIGNAGE




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Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 1©2017, Sites USA, Chandler, Arizona, 480-491-1112

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SUMMARY PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 33.5965/-117.1221RS1

Murrieta Marketplace2 mi radius 3 mi radius 5 mi radius

Murrieta, CA

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2017 Estimated Population 36,017 57,278 154,658

2022 Projected Population 37,895 60,232 163,263

2010 Census Population 25,812 43,572 132,444

2000 Census Population 2,739 6,145 52,360

Projected Annual Growth 2017 to 2022 1.0% 1.0% 1.1%

Historical Annual Growth 2000 to 2017 71.5% 48.9% 11.5%

2017 Median Age 31.7 32.4 34

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EH

OLD

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2017 Estimated Households 9,927 15,993 46,853

2022 Projected Households 10,349 16,669 49,002

2010 Census Households 7,103 12,063 40,057

2000 Census Households 804 2,040 16,648

Projected Annual Growth 2017 to 2022 0.9% 0.8% 0.9%

Historical Annual Growth 2000 to 2017 66.7% 40.2% 10.7%

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DE

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2017 Estimated White 63.1% 62.8% 64.3%

2017 Estimated Black or African American 7.1% 7.4% 6.8%

2017 Estimated Asian or Pacific Islander 13.9% 13.9% 12.5%

2017 Estimated American Indian or Native Alaskan 0.9% 0.9% 0.8%

2017 Estimated Other Races 15.1% 14.9% 15.7%

2017 Estimated Hispanic 28.8% 28.6% 29.3%

INC

OM

E 2017 Estimated Average Household Income $105,211 $104,809 $97,169

2017 Estimated Median Household Income $95,578 $95,503 $86,417

2017 Estimated Per Capita Income $29,269 $29,603 $29,579

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2017 Estimated Elementary (Grade Level 0 to 8) 3.1% 2.9% 3.6%

2017 Estimated Some High School (Grade Level 9 to 11) 5.8% 5.5% 5.4%

2017 Estimated High School Graduate 21.2% 21.1% 23.2%

2017 Estimated Some College 30.3% 29.9% 29.6%

2017 Estimated Associates Degree Only 10.7% 10.6% 9.8%

2017 Estimated Bachelors Degree Only 20.3% 21.2% 19.1%

2017 Estimated Graduate Degree 8.8% 9.0% 9.3%

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S 2017 Estimated Total Businesses 363 775 2,724

2017 Estimated Total Employees 2,735 5,401 21,474

2017 Estimated Employee Population per Business 7.5 7.0 7.9

2017 Estimated Residential Population per Business 99.2 73.9 56.8

DEMOGRAPHICS

� Murrieta Marketplace ideally is located at the axis of two major intersections, Winchester Road at Clinton Keith Road and Winchester Road at Max Gillis Road. Winchester Road is deemed a “Super Highway” and the expected 2017 completion of Clinton Keith Road’s extension between Interstate 215 to Leon Road connecting with Max Gillis as the first phase with the complete connection to Winchester Road 79 expected to complete in 2018 and the final phase finishing the connection of Clinton Keith to the French Valley Creek Bridge opening direct access to Winchester Road is estimated to complete in 2020.

� Murrieta Marketplace is at ground zero of a grossly underserved and growing trade area! The current defined trade area (based on the Derrigo Study) consists of 102,865 people currently within the defined boundaries of the centers Power Tenant Trade Area Per the recently completed Derrigo Housing Study that demonstrates the tremendous growth in the trade area. There are over 20,000 units currently active in the Power Tenant Trade Area consisting of 16 large tentative tract maps under construction and an estimated population increase of 65% (67,613 additional people) representing a total build out/future population of 170,478 people based purely on the housing that is in some stage of development/planning! This estimation just includes what residential projects are currently being planned and there remains thousands of acres of undeveloped residentially zoned parcels of land in the center’s trade area yet to be touched with the potential of tens of thousands of additional residential units in the future expanding the trade area population considerably!

� The City of Murrieta is the largest city in Southwest Riverside County (within City limits only) boasting a population of nearly 114,000 people and has grown more than 400% in the past 25 years boasting an average household income of $105,000 with 60% of the population is classified as “Boomburbs,” Up and coming families,” “Soccer moms,” and “Bright Young Professionals” with an average age of 34 with 63% of the population having or currently attending college with 28% obtaining a BA or advanced degree!

TRADE AREA HIGHLIGHTS:

Documents

M u r i e t a T U R R IE A€¦ · 12.05. 2016: 1: M U R R I E T A m a r k e t p l a c e M u r i e t a M a r k e t p l c e: EST. 2017: murrieta: MM: marketplace: murrieta : market: