cedar plaza shopping center anchor shop space … · cedar plaza shopping center anchor & shop...

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MICHAEL KENNEDY Sr. Vice President Retail Division +1 (559) 447-6271 [email protected] BRE #01496337 RETAIL CALIFORNIA CRE A DIVISION OF PEARSON REALTY www.retailcalifornia.com DICK ELLSWORTH Sr. Vice President Commercial Division +1 (559) 447-6247 [email protected] BRE #00330607 NEWMARK GRUBB PEARSON COMMERCIAL www.ngpearson.com CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710 This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved. FOR ADDITIONAL INFORMATION, PLEASE CONTACT: 7480 North Palm Avenue, Suite 101 · Fresno, CA 92711 • Dense Northeast Residential Area • Close Proximity to Large Medical Specialty Services Community • Large Daytime Population • 85,200± Avg Daily Traffic at the Crossing of Herndon & Cedar • 21,900± SF Anchor Space • High Income Demographics • Pylon Signage Available

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Page 1: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

MICHAEL KENNEDYSr. Vice President Retail Division+1 (559) [email protected] #01496337

RETAIL CALIFORNIA CREA DIVISION OF PEARSON REALTYwww.retailcalifornia.com

DICK ELLSWORTHSr. Vice President Commercial Division+1 (559) [email protected] #00330607

NEWMARK GRUBB PEARSON COMMERCIALwww.ngpearson.com

CEDAR PLAZA SHOPPING CENTERANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

7480 North Palm Avenue, Suite 101 · Fresno, CA 92711

• Dense Northeast Residential Area

• Close Proximity to Large Medical

Specialty Services Community

• Large Daytime Population

• 85,200± Avg Daily Traffic at the

Crossing of Herndon & Cedar

• 21,900± SF Anchor Space

• High Income Demographics

• Pylon Signage Available

Page 2: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

MICHAEL KENNEDYSr. Vice President Retail Division+1 (559) [email protected] #01496337

RETAIL CALIFORNIA CREA DIVISION OF PEARSON REALTYwww.retailcalifornia.com

DICK ELLSWORTHSr. Vice President Commercial Division+1 (559) [email protected] #00330607

NEWMARK GRUBB PEARSON COMMERCIALwww.ngpearson.com

CEDAR PLAZA SHOPPING CENTERANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

7480 North Palm Avenue, Suite 101 · Fresno, CA 92711

Property Description:Cedar Plaza Shopping Center is located at the southwest corner of East Herndon Avenue and North Cedar Avenue in Fresno, CA.

Property Highlights:The center is surrounded by dense, mature residential development and close to St. Agnes Medical Center. There is also a robust medical specialty services community just north of Herndon Avenue. The Fresno State University campus is located one mile south of the center. Neighboring national and regional tenants include Dollar Tree, CVS Pharmacy, R-N Market, McDonald’s, Burger King, Wendy’s, Me-n-Ed’s, John’s Incredible Pizza, and Tahoe Joe’s restaurant.

Available Anchor Space: 21,900± SF - Former grocery store location

Available Shop Space: 1,200± SF; 1,242± SF; and 1,200± SF

Lease Rate: Please contact agent for more information.

2017 Demographics: 1 Mile 2 Miles 3 Miles

Total Population: 16,539 59,332 143,550 Total Households: 6,562 21,770 53,951 Avg. HH Income: $82,239 $81,878 $75,024 Total Daytime Pop: 25,586 80,432 176,062

2017 Traffic Counts: Herndon Ave: 53,871 ADT Cedar Ave: 31,362 ADT Surface Street Total: 85,233 Avg Daily Traffic Sources: AnySite , Kalibrate TrafficMetrix

Page 3: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

CEDAR PLAZA SHOPPING CENTER

ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

Page 4: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

CEDAR PLAZA SHOPPING CENTER

ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

Aerial Proximity

Page 5: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

CEDAR PLAZA SHOPPING CENTERANCHOR & SHOP SPACE AVAILABLE FOR LEASE6733, 6745, 6761 , & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

Retail California CREUpdated Summary Report

Cedar Plaza Shopping CenterE Herndon Ave AT N Cedar Ave Fresno, CA 93720

8 November 2017 Coordinates Longitude: -119.754185Latitude: 36.837309

1 MILE 2 MILE 3 MILERING RING RING

3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc© 2016 Gadberry Group LLC. All Rights Reserved. Page 1

Population Trend2000 Total Population 15,622 53,107 121,8962010 Total Population 16,038 57,319 138,3892017 Total Population 16,539 59,332 143,5502022 Total Population 16,801 61,122 148,205

Households Trend2000 Total Households 6,080 19,761 47,0892010 Total Households 6,444 21,340 52,6452017 Total Households 6,562 21,770 53,9512022 Total Households 6,747 22,650 56,329

Population Change Trend2000 to 2010 Population Change 2.7% 7.9% 13.5%2000 to 2017 Population Change 5.9% 11.7% 17.8%2010 to 2022 Population Change 4.8% 6.6% 7.1%2017 to 2022 Population Change 1.6% 3.0% 3.2%

Household Change Trend2000 to 2010 Household Change 6.0% 8.0% 11.8%2000 to 2017 Household Change 7.9% 10.2% 14.6%2010 to 2022 Household Change 4.7% 6.1% 7.0%2017 to 2022 Household Change 2.8% 4.0% 4.4%

2017 RaceWhite alone 70.8% 65.7% 62.6%Black or African American alone 3.9% 5.3% 5.3%American Indian and Alaska Native alone 1.1% 1.1% 1.3%Asian alone 10.2% 11.9% 11.3%Native Hawaiian and OPI alone 0.3% 0.3% 0.3%Some Other Race alone 7.7% 9.5% 12.8%Two or More Races 5.9% 6.3% 6.4%

2017 IncomePer Capita Income $32,746 $31,064 $28,653Household Income: Median $62,122 $61,305 $53,007Household Income: Average $82,239 $81,878 $75,024

Less than $10,000 4.3% 5.9% 6.6%

Page 6: CEDAR PLAZA SHOPPING CENTER ANCHOR SHOP SPACE … · CEDAR PLAZA SHOPPING CENTER ANCHOR & SHOP SPACE AVAILABLE FOR LEASE 6733, 6745, 6761, & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

CEDAR PLAZA SHOPPING CENTERANCHOR & SHOP SPACE AVAILABLE FOR LEASE6733, 6745, 6761 , & 6763 N. CEDAR AVENUE · FRESNO, CA 93710

This information is given with the understanding that all negotiations relating to the purchase, renting or leasing of the property described herein shall be conducted through this office. The information included here, while not guaranteed, has been secured from sources we believe to be reliable. Each investor is encouraged to have his C.P.A. and/or Financial Advisor make an independant projection. ©2017 Retail California. All rights reserved.

Retail California CREUpdated Summary Report

Cedar Plaza Shopping CenterE Herndon Ave AT N Cedar Ave Fresno, CA 93720

8 November 2017 Coordinates Longitude: -119.754185Latitude: 36.837309

1 MILE 2 MILE 3 MILERING RING RING

3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI

Data Source: Pitney Bowes Software, Inc© 2016 Gadberry Group LLC. All Rights Reserved. Page 2

$10,000 to $14,999 4.2% 4.0% 5.0%$15,000 to $19,999 4.7% 5.1% 5.6%$20,000 to $24,999 5.0% 5.4% 6.1%$25,000 to $29,999 6.8% 5.0% 6.0%$30,000 to $34,999 3.3% 4.4% 5.4%$35,000 to $39,999 2.3% 3.3% 4.4%$40,000 to $44,999 2.9% 3.6% 4.2%$45,000 to $49,999 6.8% 4.8% 4.5%$50,000 to $59,999 7.9% 7.4% 7.6%$60,000 to $74,999 12.1% 11.5% 10.1%$75,000 to $99,999 13.1% 12.4% 10.9%$100,000 to $124,999 7.8% 8.9% 8.0%$125,000 to $149,999 7.2% 6.6% 5.5%$150,000 to $199,999 6.8% 7.0% 5.7%$200,000 or more 4.8% 4.7% 4.3%

Average household size 2.5 2.6 2.6

Total Daytime Population 25,586 80,432 176,062Total Employee Population 16,453 46,813 92,626Total Daytime at Home Population 9,133 33,619 83,436Total Employee Population (% of Daytime

Population)64.3% 58.2% 52.6%

Total Daytime at Home Population (% of Daytime Population)

35.7% 41.8% 47.4%