great brands. - loopnet€¦ · 07-02-2013 · furnished common areas offering exciting and...
TRANSCRIPT
GREAT BRANDS.GREAT OPPORTUNITY.
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
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
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
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
THE ALL INCUSIVE MIX SAVVY FASHION-FOWARD SHOPPERS CAN FIND ALL THE GREAT BRANDS AT ALL THE RIGHT PRICES.
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
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
(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
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
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
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
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.