Embed Size (px)
Citation preview
1 9 0 0 T h e A l a m e d a S t e . 1 0 0
S a n J o s e , C A 9 5 1 2 6
( 4 0 8 ) 3 2 0 - 5 5 0 9 : O f f i c e
( 4 0 8 ) 3 9 1 - 1 6 0 6 : C e l l
8 / 2 0 / 2 0 1 8
Offering Memorandum
Eugene Korsunsky
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
1
Contents
AREA DESCRIPTION .......................................................................................... 2-3
LISTING PROPERTY DETAILS ............................................................................... 4
BUILDING DESCPRICTION .................................................................................... 4
DEMOGRAPHIC DATA ........................................................................................... 5
PROPERTY PHOTOS ........................................................................................... 6-8
PROPERTY FLOORPLAN ........................................................................................ 9
AERIAL STREET VIEW ......................................................................................... 10
Intempus Realty is proud to present the enclosed marketing material which should
be confirmed by the acquiring party prior to signing any legal documents. All the
information within is believed to be accurate but acquired through third parties
and subject to change. Due diligence and thorough research is suggested to all
inquiring parties.
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
2
AREA DESCRIPTION
Intempus Realty is pleased to present this newly updated manufacturing warehouse condo.
This end unit comes complete with 2 bathrooms and a front office space featuring brand
new luxury vinyl flooring. Inside the warehouse area, you will also have a spacious office
space that provides ability to oversee operational activity. Air conditioning and a large roll
up door to main warehouse space allows for easy unloading and comfortable working
environment.
The property is conveniently located by Communications Hills in the Garden – Villa
Montery area of South San Jose. It is right off the corner of Monterey Rd and Umbarager Rd
in a commercial dominant location.
San Jose’s Economy
San Jose is a manufacturing powerhouse, attracting Jabil Circuit, Maxim Integrated,
Supermicro, Ultratech and more. The manufacturing industry sector stimulates the local
economy and helps create more middle-income jobs for the city's residents. That’s why
Mayor Liccardo launched an initiative in 2015 to strengthen manufacturing activity in San
Jose by offering a 60-day permit approval process and an offset for any permits fees a
business would incur while retrofitting existing buildings for manufacturing use. The
initiative has also sought to enhance workforce training opportunities for tech
manufacturing jobs, providing San Jose residents with good paying jobs and manufacturers
with a pipeline of qualified employees.
Weerakoon, Ru. Job Growth & Economic Opportunities. SanJoseCA.Gov, 2018. Web.
http://www.sanjoseca.gov/index.aspx?NID=5260
▪ 1874 Sqft of Manufacturing Area
▪ 2 Offices
▪ 2 Bathrooms
▪ Large Roll Up Loading Door
▪ 400 Amp Panels
▪ Premier location
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
3
San Jose’s Booming Economy: An in-depth study of the growth of cities over time based on
employment and GDP growth statistics was just released by Brookings, and San Jose was
the #2 city globally in terms of fastest-growing economy, 2014-2016.
Dublin, Ireland ranked highest, and San Francisco came in at #4. The report cites
“…tremendous growth in the tech sector propelled San Jose and San Francisco— the two
anchors for Silicon Valley—into the top four of the economic performance index.” This was
in spite of cities in China dominating the top rankings of the list, see the chart below.
“Like San Francisco, San Jose—the home of Silicon Valley—has experienced remarkable job
creation and income growth due to the strong performance of the tech sector. Our colleague
Amy Liu notes that San Jose outperformed national averages and nearly all other metro
areas on job creation, productivity, and median wage growth over the past five years. But
like San Francisco, San Jose has an urgent need to develop a more inclusive economy.”
Handler, Elisabeth. San Jose Ranked Second in World’s Fastest-Growing Cities. SJ Economy,
2018. Web. 13 July 2018. http://sjeconomy.com/san-jose-ranked-second-in-worlds-fastest-
growing-cities/
In a new analysis, Business Insider culled data across five measures of labor-market and
general economic health for the 40 metropolitan statistical areas with the largest 2017
populations. Those measures included unemployment rate, average weekly wage, job
growth rate, GDP per capita, and GDP growth rate. By placing those measures on a common
scale and combining them, we were able to get a picture of the overall state of each metro
area's economy
Kiersz, Andy. The San Francisco Bay Area’s Economy is ‘Defying Gravity’ — and it Reveals
how Powerful the Tech Industry has Become. Business Insider, 2018. Web. 25 April 2018.
https://www.businessinsider.com/san-francisco-area-best-us-economy-2018-4
The San Jose metro area holds the top position among the 40 largest regions in three of our
five metrics: its Q3 2017 average weekly wage of $2,297, 2016 GDP growth rate of 5.9%,
and 2016 GDP per capita of $126,820.
Kiersz, Andy. The Economies of the 40 biggest US Cities, Ranked from Worst to Best.
Business Insider, 2018. Web. 20 June 2018. https://www.businessinsider.com/us-economy-
by-metro-area-ranked-san-francisco-seattle-austin-2018-4
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
4
LISTING PROPERTY DETAILS
Property Address 2814 Aiello Dr #D, San Jose, CA 95111 Listing Price $715,000 Assessor's Parcel Number 497-31-012
BUILDING DESCRIPTION
Type 2 Star Industrial Warehouse Year Built 1985 Stories 1 Total Condo Interior Sqft. 2,365 Total Building Interior Sqft. 9,660 Tenancy Multi Total Condos Attached to Building 4 Class C Power 400 Amp panel (2 200 Amp, 208v/120v) 3 Phase 4 Wire Parking 2 Reserved Parking Spaces
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
5
Demographic Data (Within a 5 Mile Radius)
Population
2018 Total Population 687,849 2023 Projected Population 715,513 Projected Population Growth 2018 - 2023 4.02% Average Age 36.70
Households
2018 Total Households 212,999 Project Household Growth 2018 - 2023 4.12% Median Household Income $91,627 Avg. Household Size 3.10 2018 Avg. Household Vehicles 2.00
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
6
Property Photos
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
7
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
8
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
9
Property Floorplan
The information within this marketing package is deemed to be accurate but presented without warranty. All reference to local businesses is
made without representation.
Eugene Korsunsky
(408) 391-1606 : Cell
(408) 320-5509 : Office
(408) 907-8934 : Fax
10
Aerial Street View
