retail space for lease 226 alma avenue · retail space for lease 226 alma avenue san jose,...

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RETAIL SPACE FOR LEASE 226 Alma Avenue San Jose, California DOUG FERRARI CA BRE 01032363 408.879.4002 [email protected] DIXIE DIVINE CA BRE 00926251 & 01481181 408.879.4001 [email protected] 1543 Lafayette Street, Suite C Santa Clara, 95050 Office 408.879.4000 www.primecommercialinc.com Prime Commercial, Inc. has obtained the information contained herein from sources we deem reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is subject to errors, modification, omission, change of price and/or terms, prior lease sale or financing, or withdraw without notice. It may include projections, opinions, or assumptions or estimated for example only, and they may represent current or future performance of the property. You and your tax and legal advisors should conduct your own of the property and transaction. e information provided in this brochure are estimates only, not representations, and are not intended to be relied upon for any purpose. All demographic information contained in this brochure is obtained from STDB. FEATURES High identity retail location at the corner of W Alma Avenue and Almaden Road First Generation spaces available: 1,700 SF, Vanilla Shell 3,700 SF, Vanilla Shell Abundant on-site parking Newer construction Asking $1.95/sf NNN Available now! DEMOGRAPHICS 1 mi 3 mi 5 mi Population 29,458 282,804 724,090 Avg. HH Income $86,137 $98,317 $102,934

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Page 1: RETAIL SPACE FOR LEASE 226 Alma Avenue · RETAIL SPACE FOR LEASE 226 Alma Avenue San Jose, California DOUG FERRARI CA BRE 01032363 408.879.4002 dferrari@primecommercialinc.com DIXIE

RETAIL SPACE FOR LEASE226 Alma AvenueSan Jose, California

DOUG FERRARICA BRE [email protected]

DIXIE DIVINECA BRE 00926251 & [email protected]

1543 Lafayette Street, Suite C Santa Clara, 95050

Office 408.879.4000 www.primecommercialinc.com

Prime Commercial, Inc. has obtained the information contained herein from sources we deem reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is subject to errors, modification, omission, change of price and/or terms, prior lease sale or financing, or withdraw without notice. It may include projections, opinions, or assumptions or estimated for example only, and they may represent current or future performance of the property. You and your tax and legal advisors should conduct your own of the property and transaction. The information provided in this brochure are estimates only, not representations, and are not intended to be relied upon for any purpose. All demographic information contained in this brochure is obtained from STDB.

FEATURES• High identity retail location at the corner of W Alma Avenue and Almaden Road• First Generation spaces available: • 1,700 SF, Vanilla Shell • 3,700 SF, Vanilla Shell• Abundant on-site parking• Newer construction• Asking $1.95/sf NNN• Available now!

DEMOGRAPHICS 1 mi 3 mi 5 miPopulation 29,458 282,804 724,090Avg. HH Income $86,137 $98,317 $102,934

Page 2: RETAIL SPACE FOR LEASE 226 Alma Avenue · RETAIL SPACE FOR LEASE 226 Alma Avenue San Jose, California DOUG FERRARI CA BRE 01032363 408.879.4002 dferrari@primecommercialinc.com DIXIE

3,700 SFVanilla Shell

1,700 SFVanilla Shell

226 Alma AvenueSan Jose, California

Space Available3,700 SF, Vanilla Shell1,700 SF, Vanilla Shell

DOUG FERRARICA BRE [email protected]

DIXIE DIVINECA BRE 00926251 & [email protected]

1543 Lafayette Street, Suite C Santa Clara, 95050

Office 408.879.4000 www.primecommercialinc.com

Prime Commercial, Inc. has obtained the information contained herein from sources we deem reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is subject to errors, modification, omission, change of price and/or terms, prior lease sale or financing, or withdraw without notice. It may include projections, opinions, or assumptions or estimated for example only, and they may represent current or future performance of the property. You and your tax and legal advisors should conduct your own of the property and transaction. The information provided in this brochure are estimates only, not representations, and are not intended to be relied upon for any purpose. All demographic information contained in this brochure is obtained from STDB.

Page 3: RETAIL SPACE FOR LEASE 226 Alma Avenue · RETAIL SPACE FOR LEASE 226 Alma Avenue San Jose, California DOUG FERRARI CA BRE 01032363 408.879.4002 dferrari@primecommercialinc.com DIXIE

Executive Summary226 W Alma Ave, San Jose, California, 95110 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 37.31298

Longitude: -121.87869

1 mile 3 miles 5 milesPopulation

2000 Population 25,335 243,634 644,8252010 Population 26,908 257,669 666,4012017 Population 29,458 282,804 724,0902022 Population 31,251 300,302 764,3342000-2010 Annual Rate 0.60% 0.56% 0.33%2010-2017 Annual Rate 1.26% 1.29% 1.15%2017-2022 Annual Rate 1.19% 1.21% 1.09%2017 Male Population 51.6% 51.0% 50.5%2017 Female Population 48.4% 49.0% 49.5%2017 Median Age 33.5 34.0 35.0

In the identified area, the current year population is 724,090. In 2010, the Census count in the area was 666,401. The rate of change since 2010 was 1.15% annually. The five-year projection for the population in the area is 764,334 representing a change of 1.09% annually from 2017 to 2022. Currently, the population is 50.5% male and 49.5% female.

Median Age

The median age in this area is 33.5, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 47.3% 43.9% 41.7%2017 Black Alone 3.8% 3.6% 3.3%2017 American Indian/Alaska Native Alone 1.4% 1.0% 0.9%2017 Asian Alone 11.9% 24.1% 29.1%2017 Pacific Islander Alone 0.2% 0.4% 0.4%2017 Other Race 29.6% 21.7% 19.1%2017 Two or More Races 5.8% 5.2% 5.4%2017 Hispanic Origin (Any Race) 60.1% 44.7% 39.2%

Persons of Hispanic origin represent 39.2% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 86.4 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 7,550 75,532 198,3712010 Households 8,802 85,082 212,8742017 Total Households 9,549 92,787 228,9402022 Total Households 10,119 98,565 241,3672000-2010 Annual Rate 1.55% 1.20% 0.71%2010-2017 Annual Rate 1.13% 1.20% 1.01%2017-2022 Annual Rate 1.17% 1.22% 1.06%2017 Average Household Size 3.00 2.97 3.10

The household count in this area has changed from 212,874 in 2010 to 228,940 in the current year, a change of 1.01% annually. The five-year projection of households is 241,367, a change of 1.06% annually from the current year total. Average household size is currently 3.10, compared to 3.06 in the year 2010. The number of families in the current year is 156,759 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 16, 2018

©2018 Esri Page 1 of 2

Page 4: RETAIL SPACE FOR LEASE 226 Alma Avenue · RETAIL SPACE FOR LEASE 226 Alma Avenue San Jose, California DOUG FERRARI CA BRE 01032363 408.879.4002 dferrari@primecommercialinc.com DIXIE

Executive Summary226 W Alma Ave, San Jose, California, 95110 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 37.31298

Longitude: -121.87869

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $56,009 $66,642 $75,9212022 Median Household Income $64,016 $78,440 $85,8482017-2022 Annual Rate 2.71% 3.31% 2.49%

Average Household Income

2017 Average Household Income $86,137 $98,317 $102,9342022 Average Household Income $98,476 $114,015 $118,9832017-2022 Annual Rate 2.71% 3.01% 2.94%

Per Capita Income2017 Per Capita Income $28,914 $33,035 $33,1832022 Per Capita Income $32,767 $38,146 $38,1762017-2022 Annual Rate 2.53% 2.92% 2.84%

Households by IncomeCurrent median household income is $75,921 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $85,848 in five years, compared to $62,316 for all U.S. households

Current average household income is $102,934 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $118,983 in five years, compared to $91,585 for all U.S. households

Current per capita income is $33,183 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $38,176 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 7,795 77,358 202,3432000 Owner Occupied Housing Units 3,378 36,132 107,4942000 Renter Occupied Housing Units 4,172 39,400 90,8762000 Vacant Housing Units 245 1,826 3,973

2010 Total Housing Units 9,223 90,034 223,0662010 Owner Occupied Housing Units 3,520 38,578 109,4872010 Renter Occupied Housing Units 5,282 46,504 103,3872010 Vacant Housing Units 421 4,952 10,192

2017 Total Housing Units 9,816 96,647 236,9562017 Owner Occupied Housing Units 3,628 40,319 113,7732017 Renter Occupied Housing Units 5,921 52,469 115,1672017 Vacant Housing Units 267 3,860 8,016

2022 Total Housing Units 10,428 102,944 250,5352022 Owner Occupied Housing Units 3,778 42,415 119,0672022 Renter Occupied Housing Units 6,341 56,150 122,3002022 Vacant Housing Units 309 4,379 9,168

Currently, 48.0% of the 236,956 housing units in the area are owner occupied; 48.6%, renter occupied; and 3.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 223,066 housing units in the area - 49.1% owner occupied, 46.3% renter occupied, and 4.6% vacant. The annual rate of change in housing units since 2010 is 2.72%. Median home value in the area is $601,966, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.07% annually to $666,797.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

February 16, 2018

©2018 Esri Page 2 of 2