tommy kim investcity presented by · 6 2.7 4.1 17.3 1.4 2.8 5.4 2.4 1.2 0.7 2.7 r elsworth st d t t...

180 E. Main St, Suite 108, Tustin, CA 92790 | (714)544-1422 | [email protected] 1

Investcity180 E. Main St Suite 108Tustin, CA [email protected]

Tommy KimOffice: 714.544.1242 e.101Direct: [email protected]

PRESENTED BY

For Sale / Ground Lease / Built to suit opportunityMoreno Valley, CA

Moreno Valley / Inland Empire / Riverside CountyPrice Not Disclosed

Perris & Globe LotRetail 24/7

180 E. Main St, Suite 108, Tustin, CA 92790 | (714)544-1422 | [email protected]

Confidentiality Agreement

THIS IS A CONFIDENTIAL MEMORANDUM intended solely for your limited use to determine whether you wish to express an interest in the The Parris and Globe lot as more particularly described herein ( “Property, Hotel”). This confidential memo-randum contains brief, selected information pertaining to the business affairs of the Property’s owner (“Owner”) and has been prepared by InvestCity Realty, the Owner’s exclusive agent, primarily from information supplied by the Owner. Although repre-sentatives of the Owner have reviewed this confidential memorandum, it does not purport to be all-inclusive or contain all rep-resentation or warranty, expressed or implied, as to the accuracy or completeness of any of the information contained herein. Each of the Owner disclaims any liability which may be based on such information, errors there- in, or omissions there from. All financial data contained herein is unaudited. The projections and pro-forma information contained herein represent esti-mates based on assumptions considered reasonable under the circumstances. No representations or warranties, expressed or implied, are made that the actual results will conform to such projections. There is no representation as to environmental condition of the property, or as to any other aspect of the property.

By your receipt of this confidential memorandum, you agree that this memorandum and the information contained herein are of a confidential nature and that you hold and treat them in the strictest of confidence, and that you will not, directly or indirectly, disclose or permit anyone else to disclose this memorandum or any part of the contents in any fashion or manner detrimental to the interests of the Owner. Further, you agree not to discuss this memorandum with any other institution, po-tential investor or tenant without the express permission of InvestCity Realty and the Owner. Upon request, the recipient will promptly return this confidential memorandum and any other material received from the Owner or InvestCity Realty without retaining any copies thereof.

This confidential memorandum shall not be deemed an indication of the state of affairs of the Owner or constitute an indica-tion that there has been no change in the business or affairs of the Owner since the date of preparation of this memorandum. Neither the Owner nor InvestCity


Confidentiality Agreement

Table of Contents

Commercial Lot Development Opportunity

Property Overview

Bird’s Eye View

Parcel Map

Location Map

Demographic Information

Job Creation and Economic Development

Prospective Business

Potential for Foods Services Businesses

Competition Map

Broker Overview

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MORENO VALLEY TRAFFIC COUNTS

Lake Perris

Traffic counts shown are totals for both directionsVolumes shown at 1000's10.5 = 10, 5000.5 = 500Text in BLACK updated in February 2009Text in RED updated in April 2014

140127 111

89 78 6456

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Commercial Lot Development Opportunity

For Inquiry Contact:Tommy KimC: 714-728-6564 T: 714-544-1242F: [email protected]

APN: 312-270-001

Plot Measurements: 262 x 272.13

Zoning SP208I

N Perris Blvd and Globe St 19,773 CPDRomano Expressway 32,591 CPDI-215 Cross St. and Val Verde 120,066 CPDSh-60 93,782 CPD

Centrally Located1.53-Acre Corner Lot in Moreno Valley

Available for Sale/Ground Lease/Build to Suit

Offering Price: TBD

Lease Asking Rate: Negotiable

Retail 24/7


Property Highlights • Corner lot on the intersection of N Perris Boulevard and Globe Street• Flat lot with heavy potential for small business construction• All necessary utilities available, including electricity, water, sewage, telephone, and gas

Location Highlights• Centered around major employment centers, including but not limited to Ross Distribution Center, Amazon Fulfillment Center, Walgreens Distribution Center, the March Air Reserve Base, Lowe’s Regional Distribution Center and Waste Management• In close proximity to the Moreno Valley Mall, Costco, Best Buy, Lowe’s, Home Depot, Stater Bros, LA Fitness• Surrounded by numerous academic institutions, including Riverside County Education Academy, Rancho Verde High School, Vista Verde Middle School, Lasselle Elementary School, and the University of California, Riverside

Property Overview


Bird’s Eye View Parcel Map


Parcel Map


Demographic Information

EMPLOYMENTMoreno Valley is the second most populated city in all of Riverside County. The estimated number of registered employees is nearing 34,000. The cities leading employers are the Amazon Distribution Center, the March Air Force Reserve Base, the Ross Distribution Center, the Moreno Valley Unified School District, and the Moreno Valley Mall. All of these employers surround this listed property in adjacent or close proximity, providing extraordinary potential for profitable business development.

RESIDENT INCOME AND WORKFORCE STATISTICSThe median income of residents in Moreno Valley is estimated at $52,625, approximately an 11.05% increase since the year 2000. 53.9% of community residents are white-collar workers while blue-collar workers and employees of the service and farm industries represent 46.1% of residents.

RACIAL AND ETHNIC DEMOGRAPHICSMoreno Valley encompasses a community more diverse than the national averages. Based on recent statistics, the following figures represent the ethnic demographics of the city.• Caucasian 40.6%• Native American 0.9%• Asian/Pacific Islander 6.17%• Hispanic 59.3%

Demographics 2014 (distance from Moreno Valley Mall)

5 mi 10 mi 15 miPopulation 247,736 643,002 1,478,999Average Household Income $66,617 $66,985 $62,287Daytime Employment 99,785 256,786 570,322




• Moreno Valley has created a name for itself in economic development and community growth through the increased presence of both large and small businesses. These businesses have created a plethora of jobs for the city’s residents.

• As of April 30, 2015, The Moreno Valley City Council unanimously approved the “Hire MoVal In-centive Program”. This program has offered incentives to employers to support the local residents through increased rates of employment. This legislation foreshadows a thriving community of con-sumers who are likely to return their wealth back to the city’s businesses.

• Moreno Valley is currently ranked as one of the fastest growing cities in the United States and both economic and population growth are anticipated to continue to rise in the upcoming years.


Prospective Businesses


The Perris & Globe Lot’s primary point of investment is its close proximity to the major distribution centers of Moreno Valley. The most notable characteristic is that this lot is within walking distance from one of the four Ross Distribution Centers in the United States.

Ross is a Fortune 500, $9.7 billion company, and its Moreno Valley distribution center is over 1.3 Million Square Feet. This distribution center employs thousands of workers in need of a walking distance location for food. The location of the Perris & Globe Lot creates immense potential for the development of a highly profitable drive-thru fast food restaurant. The city of Moreno Valley hasgiven specific approval for the creation of a drive-thru fast food restaurant on this lot, making this lot a hub for financial success.

POTENTIAL FOR FOOD SERVICES BUSINESSES


Competition Map Broker Overview


Broker Overview

Tommy Y. KimLic# 01795209Direct (714)[email protected]

Tommy’s expertise include commercial investments like Hotel’s, Golf Courses, Office Buildings, NNN Retails Centers. Tommy is Korean American Real Estate Planner working in Los Angeles and Orange County. 10+ years of Experience in Real Estate Investment sales including, Commercial Real Estate, Residential Real Estate, Syndication, Non Performing Notes, and Real Estate Development.

Tommy’s ability to analyzing local market investments and specialization in the industry including short sales, owner finance, commercial leasing. Starting from the ground up, Tommy’s created several Real Estate Investment Companies and brokerages. Honors and Awards include Korean American Business Owner Award, Community Service Los Angeles Award, and many other local achieve-ments.

As a business owner in Orange County Tommy strives to provide quality ser-vice to clients and follows the Mission statement of InvestCity Realty which is to “Help families create wealth through Real Estate!”

180 E. Main St Suite 108, Tustin, CA 92780714.544.1242

[email protected]

tommy kim investcity presented by · 6 2.7 4.1 17.3 1.4 2.8 5.4 2.4 1.2 0.7 2.7 r elsworth st d t t...

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