WAREHOUSE SPACE AVAILABLE FOR LEASE

Transcription

1 WAREHOUSE SPACE AVAILABLE FOR LEASE RITCHIE BUILDING Trails End, Unit 101 Truckee, CA The Ritchie Building is located in the prospering business and industrial area of the Pioneer Industrial Park and is conveniently located and easily accessible by all throughways of Truckee. The Ritchie Building is a newer building with a modern exterior appearance and high-end finishes throughout the interior of the space. Presented By: Tom Watson Soaring Way, Suite 2B Truckee, CA tom@truckeeriverassociates.com 1 P age

2 Table of Contents I. Financial Analysis - Property Summary II. III. Additional Information - Truckee History Demographics RITCHIE BUILDING Trails End, Unit 101 Truckee, CA P age

3 RITCHIE BUILDING Trails End, Unit 101 Truckee, CA I. Financial Analysis Executive Summary Rent Price per S.F.: CAM Price per S.F.: Building S.F.: Unit 101 S.F.: $1.35/S.F. $0.46/S.F. 7,410 +/- S.F 1,235 +/- S.F. Percent Occupied: 83.3% # of Parking Spaces: 2 per Unit Tax Parcel Number: Market: Warehouse, Storage Year Built: 2007 Space Amenities: Wide-Open Warehouse Space with a 10 Roll-Up Door in a newly developed building with modern finishes inside and out. Property Amenities: Excellent location in the flourishing business and industrial area of Truckee Pioneer Industrial Park. 3 P age

4 Property Description: Construction: Base-lite block, steel siding and wood frame. Built-In: 2007 Parking: Two (2) per Space. Ingress/Egress: The Ritchie Building is located on Trails End and is accessed by Pioneer Trail. Tenants: Occupying the remaining warehouse spaces and one of the live/work spaces on the second floor is the successful and growing Cal-Nevada Towing tenant. In addition to this commercial business tenant, on the second floor s live/work space is a residential tenant. Area: The Ritchie Building is easily accessible to and from: I-80 E 45 mins. to Reno, I-80 W - 3 hrs to San Francisco and 1.5 hrs to Sacramento, HWY 89 toward Sierraville, HWY 89 toward Squaw Valley Resort and Tahoe City, and HWY 267 toward the Truckee- Tahoe Airport, Northstar Resort and the North Shore of Lake Tahoe, and is a matter of minutes to all Truckee areas (Downtown Truckee and shopping centers). Property: Pioneer Industrial Park is a prospering business and industrial area with a diverse mix of successful companies that contribute to the continued growth of Truckee s business base. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 4 P age

5 I. Additional Information The Ritchie Building is a newer development in the Pioneer Industrial Park area of the Town of Truckee Warehouse space is equipped with a 10 Roll-Up door and an adjacent man-door entrance. 10 Roll-Up Door with Man Door Entrance Wide-Open Space with Ample Windows that creates natural light throughout the warehouse space. Wide-Open Space with Ample Windows This warehouse space is conveniently equipped with a half bathroom. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 5 P age

6 TRUCKEE HISTORY: Truckee is a quaint mountain community that was established in 1863 then incorporated in Truckee, with a population of 16,180, is the largest of three incorporated cities in Nevada County (the other two - Grass Valley and Nevada City). The Town of Truckee is centrally located near Lake Tahoe, historic state parks and an abundance of emigrant and Old West history. The town was originally developed around the logging and ice manufacturing industries, and has evolved into a town of sophistication with a variety for new and established business growth opportunities. Historically, Truckee has been considered a tourist town that was largely populated by second homeowners. According to an article in the National Geographic Adventure, Truckee was hailed as one of the World s best ski towns and is distinguished in the article by stating that Truckee is an inviting mountain burg steeped in ski heritage, amenities, and culture. Additionally, in the Men s Journal travel section in April 2012, Truckee is named as one of America s Best Mountain Towns to stay, eat and play. Tourism remains high in the Truckee and Lake Tahoe areas, and continues to progressively grow. Supposing tourism and the homeowner base remain steadily on the up-and-up during the recovery of the national recession, the increase of the Truckee population shall be a major contributing factor to the overall community growth employment base in the retail, service, professional and government sectors in the years to come. III. Demographics Traveling to and from the Town of Truckee is made convenient with the centrally located Truckee Tahoe Airport, the close proximity of the Reno-Tahoe Airport and daily stops made by bus and train make doing business or vacationing in a mountain town more accommodating. The Town of Truckee is located in the Sierra Nevada mountain range and is a mere 200 miles (N/W) from San Francisco, 100 miles (East) from Sacramento, 40 miles (West) from Reno, NV and a matter of minutes to Lake Tahoe. Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions. 6 P age

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