leasing brochure - at paseo neuvopaseonuevoshopping.com/.../02/paseo-leasing-brochure-web.pdf ·...
TRANSCRIPT
LEASING BROCHURE
THE PREMIER SHOPPING DESTINATION BETWEEN LOS ANGELES AND SAN FRANCISCO
ULTIMATE DESINTATION PROMINENT TENANTS
Paseo Nuevo is an open air, 458,971 square foot center located in the
commercial and retail heart of the affluent Santa Barbara downtown
district. This area is considered an international mecca for those seek-
ing surf, sun, fine dining, four star hotels and shopping.
The center draws from three main customers that includes: the afflu-
ent trade area of Montecito, students from University of California,
Santa Barbara and Santa Barbara City College and 8.2M tourists that
consist of day trippers, overnight visitors and seasonal residents.
Paseo Nuevo is located close to six major four star resorts including
the Four Seasons Biltmore, Belmond El Encanto, San Ysidro Ranch,
Bacara Resort & Spa, Canary, a Kimpton Hotel and The Fess Parker
DoubleTree Resort.
NORDSTROMMACY’SGAP KITSONAVEDAALDO
SOLSTICELORNA JANECHIPOTLEWHITE HOUSE | BLACK MARKET
Lush Cosmetics remodeled earlier
this year and is projected to end the
year up 22% in sales.
Victoria’s Secret accounts for more than half of the total women-only apparel sales.
The most popular restaurant on track for a +20% increase in sales from last year.
Sephora accounts for more than half of our total ‘other retail’ (cosmetics) sales
8 million visitors spend an estimated $1.5 billion every year
58% of shoppers reside in the area
18 - 34 years of age make up 52% of shoppers
35% are from outside the trade area
Paseo Nuevo represents 1/3 of the retail and restaurant GLA of Downtown Santa Barbara.
84,000 Office population within 3 miles
Over 100,000 cars travel past the market per day
13% considered ”visitors / tourist”
AVERAGE HOUSEHOLD SIZE 2.89
COLLEGE OR GRADUATE SCHOOL 54,384
GRADUATE OR PROFESSIONAL DEGREE 33,892
PERCENT HIGH SCHOOL GRADUATE OR HIGHER 79.1%
MANAGEMENT, BUSINESS, SCIENCE, AND ARTS OCCUPATIONS 68,964
PRIVATE WAGE AND SALARY WORKERS 146,967
FAMILY INCOMES $100,000 TO $149,999 16,084
HOUSEHOLDS WITH FAMILIES 92,720
DEMOGRAPHIC INFORMATION BY THE NUMBERSShoppers with household incomes
over $150k are the most productive
income segment visiting the Center
and account for 10% of traffic but
generated 19% of sales.
3MILE 5MILE 10MILE
POPULATION 88,603 110,934 180,624
TOTAL HOUSEHOLDS 34,718 44,877 65,608
AVG. HOUSEHOLD INCOME $94,942 $98,250 $97,227
STATE STREET
CHAPALA STREET
LOWER LEVELPARKING DECK
(4 Levels)
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PASEO 2A
PASEO 1
PASE
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PASEO 5
PASE
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THE TRAILHEAD
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SANTA BARBARA DANCE CENTER
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SANTA BARBARAVOLKSWAGON
PACIFIC COAST VIDEOCAL-COAST GLASS TINTING RESTAURANTDISCOUNTAUTOMOTIVE
ESAU’SCAFE
PASEO CHAPALE(MIXED-USE PROJECT)
BANK OFAMERICA
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CENTER SITE PLAN
With about 468,000 square feet Paseo Nuevo represents approximately one-third of the over
1.5 million square feet of retail restaurants in downtown Santa Barbara. Other major national
retailers located along State Street in the vicinity include:
Saks Fifth Avenue, Anthropologie, Apple, Brighton Collectibles, Footlocker, Forever 21, Free People,
Marshall’s, Lucky Brand Jeans, Restoration Hardware, H&M, Staples, Sur La Table, Urban Outfitters,
Van’s and many more.
PROPERTY INFORMATION REGIONAL INFORMATION
Paseo Nuevo Shops & Restaurants is the perfect place to shop,
stroll, dine, relax and people watch. Downtown Santa Barbara’s
well-loved outdoor shopping destination features Spanish-style
architecture surrounded by a profusion of flowers, shady trees
and graceful fountains. Just under two hours from downtown LA,
make Santa Barbara a great get-away for many people. Once here
getting around is easy with excellent bus and taxi services.
The center is just minutes from the super-affluent city of
Montecito which has an average income in excess of $180,000
and homes ranging from $2 million to over $24 million. Paseo
Nuevo also draws from over 30,000 students at the University of
California, Santa Barbara and Santa Barbara City College, as well
as the 8.2 million day-trippers and overnight tourists who are
drawn each year by the area’s majestic mountains and beautiful
beaches to spend an excess of $1.5 billion. Overall, the center
serves a trade area of 276,000 residents in 100,000 households.
Average household income is $92,500, with over 30% of area
households earning over $100,000.
Built 1990
Property Type Open-air
Regional
Total Center GLA 458,971 s.f.
GLA less anchors 154,900 s.f.
Center Parking Spaces 455 spaces
Nearby Parking Structures 1,115 spaces
Stores 48 + 2 anchors
Daily Traffic Counts
US 101 & Rt 144 85,300
US 101 & Castillo St 117,000
US 101 & Mission St 133,000
MARKETING OPPORTUNITIES LEASING INFORMATION
PERMANENT LEASING
We offer a variety of options and pricing at the Center for
traditional retail as well as non-traditional uses such as office,
medical, educational training centers and more. We offer
short-term, seasonal and long-term leases.
Cheryl Beckel BRE#01854346
949.973.5587 l [email protected]
Benjie Baker BRE#01945670
818.681.5216 l [email protected]
Bob Baker BRE#00788876
310.546.8144 l [email protected]
SPECIALTY LEASING
Whether you want to operate for a few days or a few
months, we can provide common area RMUs, or temporary
in-line spaces.
Mary Lynn Harms-Romo805.963.7147 l [email protected]
Cindy Czech480.248.8843 l [email protected]
WEBSITE - Directory, deals, events, banners and job postings
SOCIAL MEDIA – Facebook, Twitter, Instagram, Pinterest, LinkedIn,
MONTHLY – Email newsletters and text broadcasts
PREMIERE REWARDS – Visitor’s incentives designed to capture
out of town visitors; distributed through hotel partners, cruise ship
welcome center, tours, visitor centers and tourism partners
ON MALL – Standing directories, handheld directories, signage
and collateral in Guest Services
INTERNAL - Monthly Retailer Newsletter & Employee Discount Program
Estimated 5 Million Visitors Per Year.
416,000 Visitors Per Month.
96,000 Visitors Per Week. Marketing
with Paseo Nuevo is Smart.
VERY SMART.
SANTA BARBARA INTERNATIONAL FILM FESTIVAL –
Opening night gala hosted at Center
AMERICAN HEART ASSOCIATION GO RED FOR WOMEN
OLD SPANISH DAY’S FIESTA
PASEO NUEVO LIVE CONCERT SERIES
HALLOWEEN - Trick-or-Treating throughout center
FALL FASHION SHOW
HOLIDAY EVENTS & ENTERTAINMENT
1ST THURSDAY - Monthly downtown art walk
PLAYDATE - Monthly kids club
EVENT MARKETING
DISCLAIMER: Although information has been obtained from sources deemed reliable, owner, Pacific Retail Capital Partners, and/or their representatives, brokers or agents make no guarantees. ©2015. Pacific Retail Capital Partners. All rights reserved.
Paseo Neuvo Shops & Restaurants l 651 Paseo Nuevo l Santa Barbara, CA 93101 l paseonuevoshopping.com