great brands. - loopnet€¦ · 07-02-2013  · furnished common areas offering exciting and...

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GREAT BRANDS. GREAT OPPORTUNITY.

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Page 1: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

GREAT BRANDS.GREAT OPPORTUNITY.

Page 2: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

WHY WESTGATE CENTER?

LOCATION

SURROUNDING RETAILERS & ANCHORS

RENOVATION

JOB GROWTH & ANNUAL SALARY*

Westgate Center is the primary shopping destination in its trade area with densely populated surrounding communities, high house-hold incomes and located on heavily traveled Saratoga, Campbell and Hamilton Avenues in Silicon Valley.

Strong retail mix with robust anchor sales numbers. The Center is anchored bystrong national tenants including Target, Nordstrom Rack, Nike Factory Store,Old Navy, Walmart, Ross Dress For Less, Party City, Burlington Coat Factory andMichaels. Annual anchor tenant sales for Westgate Center (2013): Over $120 Million.

Westgate Center completed an extensive renovation and re-branding in 2013, adding a children’s soft play area; enhanced central plaza and several comfortably furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior common areas. The renovations have enhanced the center, creating a vibrant community gathering destination with one-stop shopping convenience.

The average household income & employment are rising in Silicon Valley. Theaverage annual salary has increased by 30% since 2010 and is now at $107,395.During 2012, Santa Clara and San Mateo counties increased their combined job totals by 3.6 percent.**

* INDEX OF SILICON VALLEY NEWTWORK (REPORTS 2012, 2011, 2012, 2013, 2014)**MERCURY NEWS ARTICLE ‘SILICON VALLEY JOB GROWTH HAS REACH DOT-COM BOOM LEVELS,

REPORTS SAYS, 2/7/2013

Page 3: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

OV

ERV

IEW

Westgate Center, located in Silicon Valley, California is a 645,000 square foot center offering a one-stop destination for shopping, dining and entertainment. Westgate Center is the primary shopping destination in its trade area with densely populated surrounding communities, a location on heavily traveled Saratoga, Campbell and Hamilton Avenues, and close proximity to major freeways 280, 85 and 17.

Westgate Center offers family-friendly amenities and high quality retailers. Our core retail partners are well-known outlets and proven national retailers. With a limited amount of available space, we are carefully selecting new retail partners that reflects the needs of the community.

OTHER NEARBY RETAILERS

Page 4: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

MARKET PROFILE

DEMOGRAPHICS1 MILE 3 MILES 5 MILES

POPULATION 23,625 208,154 508,574

AVERAGE HHI $155,398 $148,791 $149,082

DAYTIME POPULATION 20,189 180,901 475,158

TOTAL RETAIL TRADE/FOOD & DRINK

TOTAL RETAIL TRADE

TOTAL FOOD & DRINK

DEMAND(RETAIL POENTIAL)

$558,369,460 $502,108,204 $56,261,257

SUPPLY(RETAIL SALES)

$586,978,710 $522,265,180 $64,722,530

INDUSTRY SUMMARYSAN JOSE, CA

Page 5: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

BEST LOCATION IN TRADE AREALOCATED IN A HIGHLY TRAVELED AND DESIRABLE LOCATION AND SURROUNDED BY STRONG RETAIL NEIGHBORS

EL PASEO DE SARATOGA

SARATOGA AVE

W CA

MPBELL AV

E

HAMILTON AVE

QUITO RD

PROSPECT RD

GRAVES AVE

WESTGATE WEST

LuckyHallmarkREIPetcoUlta BeautyTilly’sAMC Saratoga 14Pizza My HeartRubio’sPeet’s CoffeeNoah’s Bagels

ChipotleFive GuysBank of AmericaSproutsBevMo!Face ValuesTomatinaBoudin SFMOD PizzaTrader Joe’sEthan Allen

Target49er FitnessWalmart Neighborhood MarketRossMichael’sNordsrom RackBurlington Coat Factory

Old Navy GAP OutletNike OutletStarbucksJCrew FactoryTJMaxxand More!

TruFusionTotal Women Gym & SpaRed Robin Gourmet BurgersJamba JuiceMimi’s CaféCitiBankMassage EnvyPanda ExpressT-MobileGreat Clips

Smart & Final Extra!CycleBarThe UPS StoreStarbucksSuper Duper BurgersYogurtlandIke’s Love & SandwichesHappy LemonTaco BellBikram Yoga San Jose

LAW

REN

CE E

XPY

Page 6: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

THE ALL INCUSIVE MIX SAVVY FASHION-FOWARD SHOPPERS CAN FIND ALL THE GREAT BRANDS AT ALL THE RIGHT PRICES.

Page 7: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

MAJOR SHOPPINGCENTER LOCATORWestgate Center is easily accessible to the vibrant San Jose community located right in the center of it all, at least 27% more dense than it’s closest competitor.

DISTANCE FROM WESTGATE CENTER

POPULATION

WESTGATECENTER

SARATOGA

LOS GATOS

CAMPBELL

GILROY

PALO ALTO

SAN JOSE

FREMONT

PLEASANTON

LIVERMORE

HAYWARD

LIVERMOREPREMIUM

OUTLETS

GILROYOUTLETS

680

680

680

280

280

280

880

880

THE GREAT MALL

34.9 MILES

12.4 MILES

VALLEY FAIR3.9 MILES

10.5 MILESOAKRIDGE

8587

17

41.8 MILES

880SANTANA ROW

3.8 MILES

280

280 280

680

680

680

680

880

880

SANTANA ROW 3.8 Miles (via 280)

VALLEY FAIR 3.9 Miles (via 280)

OAKRIDGE 10.5 Miles (via 85)

THE GREAT MALL 12.4 Miles (via 101)

GILROY OUTLETS 34.9 Miles (via 85-101)

LIVERMORE OUTLETS 41.8 Miles (via 101)

1 MILE 3 MILES 5 MILES 10 MILES

WESTGATE CENTER 23,625 208,154 508,574 1,404,832

THE GREAT MALL 22,741 168,428 320,842 1,290,862

GILROY OUTLETS 7,662 57,835 67,699 1,179,898

LIVERMORE OUTLETS 2,925 84,401 187,642 353,909

Page 8: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

CURRENT SITE PLAN

(E) R

AM

P D

OW

N

(E) R

AM

P D

OW

N

UP DN

EX

ISTI

NG

STA

IR

UP

TO

RO

OF

EX

ISTI

NG

STA

IR D

N

TO L

OW

ER

LE

VE

L

UP UP

UP

SARATOGA AVENUE

HAMILTON AVENUE

ATH

ER

TON

AV

EN

UE

CA

MP

BE

LL AV

EN

UE

HAMILTON AVENUE

MALL

PYLON

ELEC.

MALL

PYLON

COMPACTOR

CART

105,750

11Sushi Boat

2,900

18Starbucks Coffee

1,372

19Smashburger

2,214

1ACarter's5,387

1BOshkosh B'gosh

4,118

23A

Ava

ilabl

e97

8

23BAnn's Dressmaker

1,076

23CTorrid2,76023

DA

vaila

ble

1,34

8

23E

M B

eaut

y1,

348

2510,910

26Snip-Its

1,012

2721,340

27A

10,7

28

2845,000

3S

alon

Pro

fess

iona

l Aca

dem

y8,

315

3028,435

31Available1,190

32Comcast

4,147

33Ella

4,487

35Ju

n Lu

Per

form

ing

Arts

2,31

536Fa

mou

s Fo

otw

ear

5,06

4

37Lu

ggag

e C

ente

r2,

250

39Gymboree Play & Music Center

2,530

39ALearning Express of San Jose

2,647

41Jun Lu Performing Arts1,790

4320,652

4437,656

4626,417

524,683

50P

ayle

ss S

hoeS

ourc

e3,

171

52S

kech

ers

Out

let

3,69

2

53Blown Away Bar1,431

54167,154

63Available

346

66M

en's

Wea

rhou

se3,

800

67LensCrafters

2,395

696,569

71GEN Korean BBQ House4,935

73Subway Sandwiches

1,100

74AT&T3,094

74AGameStop1,235

75Available

5,898

76Blue Door Rest & Bar

7,648

77Sylvan Learning Center2,700

77ABonsall's Walk-Rite Shoes2,285

78Meineke/Econolube of WSan Jose4,468

80Action Urgent Care3,689

81Salons by JC

5,624

90Verizon Wireless

4,569

94Veggie Grill

2,800

96C

orne

r Bak

ery

Caf

e4,

000

98Fe

dEx

Offi

ce2,

994

FC001Available809

FC002Scoopzilla

780FC003K's Crepes

736FC004

Gong Cha749FC005

Poke Bar716

FC007Available

1,671

FC008Mom's Pot Biryani727

FC009King Eggroll Express923

2977,825

23Nike Factory

17,073

AVAILABLE±3,171 SF

AVAILABLE±978 SF

AVAILABLE±37,656 SF

RETAIL SPACE

RESTAURANT SPACE

ANCHOR SPACE

SARATOGA AVENUEAVAILABLE

±736 SF

75Sephora5,898

Page 9: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

(E) R

AM

P D

OW

N

(E) R

AM

P D

OW

N

UP DN

EX

ISTI

NG

STA

IR

UP

TO

RO

OF

EX

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NG

STA

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N

TO L

OW

ER

LE

VE

L

UP UP

UP

SARATOGA AVENUE

HAMILTON AVENUE

ATH

ER

TON

AV

EN

UE

CA

MP

BE

LL AV

EN

UE

HAMILTON AVENUE

MALL

PYLON

ELEC.

MALL

PYLON

COMPACTOR

CART

105,750

11Sushi Boat

2,900

18Starbucks Coffee

1,372

19Smashburger

2,214

1ACarter's5,387

1BOshkosh B'gosh

4,118

23A

Ava

ilabl

e97

823B

Ann's Dressmaker1,076

23CTorrid2,76023

DA

vaila

ble

1,34

8

23E

M B

eaut

y1,

348

2510,910

26Snip-Its

1,012

2721,340

27A

10,7

28

2845,000

3S

alon

Pro

fess

iona

l Aca

dem

y8,

315

3028,435

31Available1,190

32Comcast

4,147

33Ella

4,48735

Jun

Lu P

erfo

rmin

g A

rts2,

31536

Fam

ous

Foot

wea

r5,

064

37Lu

ggag

e C

ente

r2,

250

39Gymboree Play & Music Center

2,530

39ALearning Express of San Jose

2,647

41Jun Lu Performing Arts1,790

4320,652

4437,656

4626,417

524,683

50P

ayle

ss S

hoeS

ourc

e3,

171

52S

kech

ers

Out

let

3,69

2

53Blown Away Bar1,431

54167,154

63Available

346

66M

en's

Wea

rhou

se3,

800

67LensCrafters

2,395

696,569

71GEN Korean BBQ House4,935

73Subway Sandwiches

1,100

74AT&T3,094

74AGameStop1,235

75Available

5,898

76Blue Door Rest & Bar

7,648

77Sylvan Learning Center2,700

77ABonsall's Walk-Rite Shoes2,285

78Meineke/Econolube of WSan Jose4,468

80Action Urgent Care3,689

81Salons by JC

5,624

90Verizon Wireless

4,569

94Veggie Grill

2,800

96C

orne

r Bak

ery

Caf

e4,

000

98Fe

dEx

Offi

ce2,

994

FC001Available809

FC002Scoopzilla

780FC003K's Crepes

736FC004

Gong Cha749FC005

Poke Bar716

FC007Available

1,671

FC008Mom's Pot Biryani727

FC009King Eggroll Express923

2977,825

23Nike Factory

17,073

(E) R

AM

P D

OW

N

(E) R

AM

P D

OW

N

UP DN

EX

ISTI

NG

STA

IR

UP

TO

RO

OF

EX

ISTI

NG

STA

IR D

N

TO L

OW

ER

LE

VE

L

UP UP

UP

SARATOGA AVENUE

HAMILTON AVENUE

ATH

ER

TON

AV

EN

UE

CA

MP

BE

LL AV

EN

UE

HAMILTON AVENUE

MALL

PYLON

ELEC.

MALL

PYLON

COMPACTOR

CART

105,750

11Sushi Boat

2,900

18Starbucks Coffee

1,372

19Smashburger

2,214

1ACarter's5,387

1BOshkosh B'gosh

4,118

23A

Ava

ilabl

e97

8

23BAnn's Dressmaker

1,076

23CTorrid2,76023

DA

vaila

ble

1,34

8

23E

M B

eaut

y1,

348

2510,910

26Snip-Its

1,012

2721,340

27A

10,7

28

2845,000

3S

alon

Pro

fess

iona

l Aca

dem

y8,

315

3028,435

31Available1,190

32Comcast

4,147

33Ella

4,487

35Ju

n Lu

Per

form

ing

Arts

2,31

536Fa

mou

s Fo

otw

ear

5,06

4

37Lu

ggag

e C

ente

r2,

250

39Gymboree Play & Music Center

2,530

39ALearning Express of San Jose

2,647

41Jun Lu Performing Arts1,790

4320,652

4437,656

4626,417

524,683

50P

ayle

ss S

hoeS

ourc

e3,

171

52S

kech

ers

Out

let

3,69

2

53Blown Away Bar1,431

54167,154

63Available

346

66M

en's

Wea

rhou

se3,

800

67LensCrafters

2,395

696,569

71GEN Korean BBQ House4,935

73Subway Sandwiches

1,100

74AT&T3,094

74AGameStop1,235

75Available

5,898

76Blue Door Rest & Bar

7,648

77Sylvan Learning Center2,700

77ABonsall's Walk-Rite Shoes2,285

78Meineke/Econolube of WSan Jose4,468

80Action Urgent Care3,689

81Salons by JC

5,624

90Verizon Wireless

4,569

94Veggie Grill

2,800

96C

orne

r Bak

ery

Caf

e4,

000

98Fe

dEx

Offi

ce2,

994

FC001Available809

FC002Scoopzilla

780FC003K's Crepes

736FC004

Gong Cha749FC005

Poke Bar716

FC007Available

1,671

FC008Mom's Pot Biryani727

FC009King Eggroll Express923

2977,825

23Nike Factory

17,073

1

2

CURRENT SITE PLANAVAILABILITY SUMMARY

# UNIT SQUARE FEET

1 23A ±978

2 50 ±3,171

3 FC003 ±736

4 44 ±37,656

4

3

Page 10: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

RESIDENTIAL STATISTICS

SARATOGA

CAMPBELL

LOS GATOS

CUPERTINO

MEDIAN HOME PRICE: $1,814,124POPULATION: 31,585

MEDIAN HOME PRICE: $825,864POPULATION: 42,778

MEDIAN HOME PRICE: $1,438,748POPULATION: 31,420

MEDIAN HOME PRICE: $1,314,078POPULATION: 63,530

Page 11: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

NEARBY OFFICES & HOTELS

OFFICES

HOTELS

COMPANY DISTANCE FROM WESTGATE

APPLE 4.0 Miles

ADOBE 7.2 Miles

EBAY 3.3 Miles

GOOGLE 12.4 Miles

INTEL 8.3 Miles

NETFLIX 4.5 Miles

SAMSUNG 10.8 Miles

HOTEL DISTANCE FROM WESTGATE

ALOFT CUPERTINO 2.0 Miles

WOODCREST HOTEL 3.4 Miles

HOTEL VALENCIA 4.3 Miles

THE ROW HOTEL 5.1 Miles

Page 12: GREAT BRANDS. - LoopNet€¦ · 07-02-2013  · furnished common areas offering exciting and entertaining spaces. New flooring and lighting were installed throughout the interior

WWW.SHOPWESTGATECENTER.COM

CHRISTIAN IRWINDirector - West Coast [email protected]+1 310 414 5286

JAMES CHUNGWestern Regional Retail [email protected]+1 408 436 3630 | Lic #01408190

JEFF KRESHEKSenior Vice President - West Coast [email protected]+1 310 414 5285

NICOLE [email protected]+1 510 499 2113 | Lic #01975898

Cushman & Wakefield Copyright 2019. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). As applicable, we make no representation as to the condition of the property (or properties) in question.