Listed for Sale Exclusively by: Terra CoTTa Village...

Listed for Sale Exclusively by:

Jon Gianulias916. 274. [email protected] CA DRE #01227233

John DuBois916. 274. [email protected] CA DRE #00702547

Mark Denholm916. 274. [email protected] CA DRE #01437366

CORE Commercial2264 Fair Oaks Blvd. Suite 201Sacramento, CA 95825CA DRE #01904661www.corecre.com

Terra CoTTa VillagelinColn, Ca

$1,600,000

http://www.corecre.com

Jon Gianulias916. 274. [email protected]

John DuBois916. 274. [email protected]

Mark Denholm916. 274. [email protected]

Price $1,600,000

Location Twelve Bridges & Colonnade Drives, Lincoln, CA 9648 0.4 mi east of Hwy 65

APNs (Placer County) 329-010-044, 045, 046, and 047

Existing GLA ±12,000 SF(unfinished)

Land Area Included ±220,349 SF (±5.06 ac)

Construction Begun 2007

Construction Halted 2008

Financing To be delivered free and clear of debt

offering Summary Terra Cotta Village, Lincoln CA




Terra Cotta Village is a partially completed retail/office project located in the Sacramento suburb of Lincoln, California. The property caters to an affluent neighborhood, and is adjacent to Sun City, the successful Active Senior master planned community.

The project consists of four separate legal parcels totaling over five acres of land. Two nearly completed retail/office buildings comprising approximately ±6,000 square feet of leasable area each are situated on two of the parcels, and two parcels are unimproved.

The Offering

• Office and retail mixed use project

• Caters to affluent communities

• Four legal parcels

• ±12,000 SF of nearly completed GLA

• Estimated $700K to complete site work and parking area

offering Summary Terra Cotta Village, Lincoln CA




loCaTion and markeT Terra Cotta Village, Lincoln CA

Terra Cotta Village is adjacent to an existing Walgreens Drugstore with shared access, and near a planned Safeway (Safeway purchased the 13 acres adjacent to Walgreens but has not started construction).

The Offering is in a high-income demographic area, with average household income within one mile of $91,000. It is strategically located just off HWY 65 at the entrance to Sun City, an extremely successful Active Senior planned community, and the affluent Catta Verdera country club community. Sun City features 36 holes of championship golf, 2 lodges, a sports complex and walking trails. All 6,700 of its homes were sold very quickly after completion, and its 12,000+ residents create a strong, local retail base.

Located across HWY 65 is Thunder Valley Casino-Resort, a AAA Four Diamond property featuring 85,000 SF of gaming area, a 15-story, 200 room hotel, a luxury spa and cabana-equipped outdoor pool area.

The Market

• Adjacent to existing Walgreens

• Near planned Safeway

• High household income of $91,000 within one mile

• Located at entrance to Sun City, and near Catta Verdera country club community

• NOI and additional lease terms are subject to confidentiality clause in lease; contact Broker for details

Catta Verdera Country Club Thunder Valley Casino Resort Sun City Lincoln Hills

http://www.cattaverdera.com





Highway 65 is the primary north-south aterial between Roseville and Yuba City/Marysville. Terra Cotta Village is at the intersection of HWY 65 and Twelve Bridges, a main exit for Lincoln.

A partial cloverleaf interchange is planned for this intersection at some point in the future to accommodate future traffic. Current infrastructure expansion for the area includes the Rosville Bypass of HWY 65, which will divert through-traffic and commuters around downtown Lincoln. Terra Cotta Village will not be negatively affected by this bypass, which begins north of Twelve Bridges.

The city of Lincoln has developed an economic and zoning plan for the entire city (with 40% park, golf, and open space), and several specific plans. One of those specific plans, Twelve Bridges, spans the area from Hwy 65 to Sierra College Blvd, between Hwy 193 on its northern edge down to the Auburn Ravine.

This specific plan was slated for 10,146 dwelling units, 180 acres of commercial and business uses, with the remaining land dedicated to public facilities, park, school, or open land use. Within Twelve Bridges, areas are divided into smaller villages. The “Main Village” area (where Terra Cotta Village is located) is the main activity center for commercial use, with office, retail, entertainment and community facilities gathered there.

Regional Access

• 20% Population Growth projected for 5-mi area over next 5 years

• Located just off HWY 65

• Bypass begins after Twelve Bridges

Organized Growth

• 20% Population Growth projected for 5-mi area over next 5 years

• Located just off HWY 65

• Bypass begins after Twelve Bridges





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0 1,000 2,000 3,000500Feet

8

Parcel Map: Placer County, January 2005

LegendCity of Lincoln

City of Lincoln General Plan

LDR

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LOW DENSITY (0-5 UNITS/ACRE)

MEDIUM DENSITY (6-12 UNITS/ACRE)

HIGH DENSITY (13-20 UNITS/ACRE)

PLANNED DEVELOPMENT

NC NEIGHBORHOOD COMMERCIAL

COMMERCIAL

VILLAGE COMMERCIAL

EC EMPLOYMENT CENTER

INDUSTRIAL

LIGHT INDUSTRIAL

LIMITED LIGHT INDUSTRIAL

INDUSTRIAL PLANNED DEVELOPMENT

P

OS

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Sphere of Influence Area

LOW DENSITY RESIDENTIALLDR

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IPD INDUSTRIAL PLANNED DEVELOPMENT

IR INDUSTRIAL RESERVE

OS OPEN SPACE

P PARK

AG AGRICULTURE

PUB PUBLIC

UR URBAN RESERVE

DESIGNATIONKEY

DESIGNATIONKEY

BP BUSINESS PROFESSIONAL

MEDICAL CAMPUSMC

City Limits

Sphere of Influence

General PlanJuly 2005

DATE COMMENT

06/05/98 Update area east of Hwy 65

03/22/99 Revise legend and zoning designations

06/22/99 Revise zoning colors

09/01/99 Revise zoning colors

01/07/00 Revise zoning colors and designations

Update Aitken Ranch, Three D South, Lincoln Gateway,Lincoln Air Center, Lincoln Crossing, Lincoln 270,and several minor corrections

06/30/05 Changes to GP land use in several areas as reviewed byRod Campbell

REVISIONS:

06/01/05

This site is zoned “C,” defined as Commercial. The

adjacent parcels to the north are zoned “VC,” or Village

Commercial. Details on zoning are available in the City’s

General Plan, available here.

This site is within the Twelve Bridges Specific Plan,

available here. The Twelve Bridges plan calls for 10,146

additional housing units, 180 acres of commercial uses,

and ample public services and open space. The focal

point of activity is the Main Village portion of the plan,

centered around the Twelve Bridges Dr between Hwy 65

and East Joiner Parkway.

Significant tracts of land set aside as Open Space (OS

Zoning) create barriers to entry, limiting the commercial

development that would compete with the subject.

SuBJeCTTerra Cotta

Village

http://corecre.com/downloads/GeneralPlan_Lincoln.pdf

http://corecre.com/downloads/SpecificPlan_12Bridges.pdf




SiTe Plan Terra Cotta Village, Lincoln CA

SuBJeCTTerra Cotta

Village

13.3 ac of land owned by Safeway.

No construction has begun.

CONCEPTUAL

PLAN ONLY




ParCel maP Terra Cotta Village, Lincoln CA

SuBJeCTTerra Cotta

Village




ParCel maP Terra Cotta Village, Lincoln CA

44 47

4645

Twelve Bridges Drive

Approximation only. Buyers are encouraged to consult with a qualified professional.





Twelve Bridges Drive

Lincoln Public Library

Lincoln Village

Twelve Bridges Middle School

Thunder Valley Casino

ACE Hardware Dist. Center

Sutter Medical

SuBJeCTTerra Cotta

Village

Planned High School

Commercial Zoning




loCaTion Terra Cotta Village, Lincoln CA

SuBJeCTTerra Cotta

Village




demograPhiCS Terra Cotta Village, Lincoln CA

2011 Estimated Population 1,167 39,700 93,5632016 Projected Population 1,271 43,276 101,6132010 Census Population 4,023 46,191 106,7212000 Census Population 240 14,871 42,043Historical Annual Growth 2000 to 2011 35.1% 15.2% 11.1%Projected Annual Growth 2011 to 2016 1.8% 1.8% 1.7%

2011 Est. Households 495 15,669 35,1742016 Proj. Households 550 17,400 38,8702010 Census Households 1,617 17,312 38,8612000 Census Households 81 4,990 14,600Historical Annual Growth 2000 to 2011 24.3% 10.2% 6.7%Projected Annual Growth 2011 to 2016 2.2% 2.2% 2.1%

2011 Est. Population 0 to 9 Years 13.8% 13.0% 12.7%2011 Est. Population 10 to 19 Years 15.1% 14.2% 13.6%2011 Est. Population 20 to 29 Years 11.2% 11.6% 11.3%2011 Est. Population 30 to 44 Years 17.5% 18.9% 19.4%2011 Est. Population 45 to 59 Years 18.8% 19.9% 21.5%2011 Est. Population 60 to 74 Years 16.5% 15.5% 14.9%2011 Est. Population 75 Years Plus 7.1% 6.9% 6.7%2011 Est. Median Age 37.8 38.0 39.1

2011 Est. Male Population 46.8% 48.1% 49.1%2011 Est. Female Population 53.2% 51.9% 50.9%

2011 Est. Never Married 15.2% 18.1% 18.6%2011 Est. Now Married 75.5% 69.4% 67.8%2011 Est. Separated or Divorced 6.6% 9.5% 10.4%2011 Est. Widowed 2.7% 3.0% 3.1%

2011 Est. HH Income $200,000 or More 6.2% 6.0% 6.1%2011 Est. HH Income $150,000 to $199,999 7.0% 6.8% 8.5%2011 Est. HH Income $100,000 to $149,999 25.0% 23.6% 23.9%2011 Est. HH Income $75,000 to $99,999 16.8% 16.0% 16.5%2011 Est. HH Income $50,000 to $74,999 16.2% 15.9% 16.9%2011 Est. HH Income $35,000 to $49,999 10.1% 11.2% 10.6%2011 Est. HH Income $25,000 to $34,999 6.5% 7.0% 6.2%2011 Est. HH Income $15,000 to $24,999 7.5% 7.4% 6.2%2011 Est. HH Income $0 to $14,999 5.0% 6.0% 5.1%2011 Est. Average Household Income $90,850 $88,840 $92,0702011 Est. Median HH Income $80,734 $78,565 $82,2632011 Est. Per Capita Income $39,226 $35,598 $35,006

2011 Est. Number of Businesses - 526 1,8052011 Est. Total Number of Employees - 4,645 17,065

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Terra Cotta, Rocklin CA1 Mile 3 Miles 5 Miles

POPU

LATI

ON

FULL PROFILE2000 - 2010 Census, 2011 Estimates with 2016 ProjectionsCalculated using Proportional Block Groups

Lat/Lon: 38.852/-121.29

©2012, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 8/2011, TIGER Geography

2011 Est. White Population 85.6% 81.6% 81.1%2011 Est. Black Population 1.5% 1.4% 1.5%2011 Est. Asian & Pacific Islander 7.6% 6.9% 7.6%2011 Est. American Indian & Alaska Native 0.4% 0.7% 0.7%2011 Est. Other Races Population 4.8% 9.3% 9.1%

2011 Est. Hispanic Population 98 6,006 13,4242011 Est. Hispanic Population Percent 8.4% 15.1% 14.3%2016 Proj. Hispanic Population Percent 9.5% 16.8% 16.0%2010 Hispanic Population Percent 9.0% 15.0% 13.8%

2011 Est. Adult Population (25 Years or Older) 761 26,605 63,6522011 Est. Elementary (0 to 8) 1.1% 2.2% 2.1%2011 Est. Some High School (9 to 11) 3.5% 4.7% 4.4%2011 Est. High School Graduate (12) 19.5% 21.0% 20.3%2011 Est. Some College (13 to 16) 26.9% 27.3% 26.5%2011 Est. Associate Degree Only 10.4% 11.1% 11.1%2011 Est. Bachelor Degree Only 24.3% 21.9% 23.6%2011 Est. Graduate Degree 14.2% 11.8% 11.9%

2011 Est. Total Housing Units 528 16,665 37,2232011 Est. Owner Occupied Percent 83.7% 77.6% 71.8%2011 Est. Renter Occupied Percent 10.1% 16.5% 22.7%2011 Est. Vacant Housing Percent 6.2% 6.0% 5.5%

2000 Homes Built 1999 to 2000 32.4% 18.0% 20.8%2000 Homes Built 1995 to 1998 41.9% 24.6% 18.6%2000 Homes Built 1990 to 1994 20.4% 18.7% 19.2%2000 Homes Built 1980 to 1989 3.2% 15.5% 16.3%2000 Homes Built 1970 to 1979 2.7% 11.3% 13.0%2000 Homes Built 1960 to 1969 - 3.7% 4.4%2000 Homes Built 1950 to 1959 - 2.4% 2.3%2000 Homes Built Before 1949 - 5.8% 5.5%

2000 Home Value $1,000,000 or More - - -2000 Home Value $500,000 to $999,999 3.7% 2.1% 1.2%2000 Home Value $400,000 to $499,999 4.3% 3.5% 2.6%2000 Home Value $300,000 to $399,999 14.9% 10.0% 8.6%2000 Home Value $200,000 to $299,999 55.2% 38.7% 42.2%2000 Home Value $150,000 to $199,999 19.3% 21.5% 28.0%2000 Home Value $100,000 to $149,999 1.2% 20.6% 14.6%2000 Home Value $50,000 to $99,999 0.6% 3.1% 2.2%2000 Home Value $25,000 to $49,999 - 0.1% 0.3%2000 Home Value $0 to $24,999 - 0.4% 0.2%2000 Median Home Value $241,567 $209,299 $210,9702000 Median Rent $1,372 $959 $933

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Lat/Lon: 38.852/-121.29

Terra Cotta, Rocklin CA1 Mile 3 Miles 5 Miles

FULL PROFILE2000 - 2010 Census, 2011 Estimates with 2016 ProjectionsCalculated using Proportional Block Groups

©2012, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 8/2011, TIGER Geography




COPYRIGHT © 2012-13. ALL RIGHTS RESERVED, DISCLOSURE AND REPRODUCTION IS PROHIBITED. CORE Commercial (“Agent,” 2264 Fair Oaks Blvd, Sacramento 95825, CA DRE No. 01904661) presents this memorandum to assist the recipient in evaluating this property’s suitability for investment. This confidential material contains brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Agent disclaims all liabilities in connection with any inaccuracies or incompleteness. Buyer should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. You agree that (a) the materials are of a highly confidential nature and will be held in the strictest confidence or shall be returned to Agent upon request; (b) you shall not contact any property manager, employee or tenant of the Property regarding the enclosed materials or the Property, without prior approval of Agent; and (c) you understand and agree that Agent represents Seller and not Buyer. Neither Seller nor Agent shall have any obligation to pay any commission, finder’s fee, or other compensation to any broker or other person dealing with Buyer. You may provide information to persons retained for the purpose of evaluating the Property after first obtaining a signed confidentiality agreement from such persons to keep such information confidential. You shall defend, indemnify and hold harmless Seller, Agent and its affiliates from and against any claims, demands, damages, or liabilities, including reasonable attorneys’ fees, relating to any claim for a commission, finder’s fee or other compensation by any broker or other person dealing with the Buyer. The Property is being sold on an “as-is, where-is” and “with all faults” basis. Seller reserves the right to withdraw the Property from consideration for sale at any time and for any reason, with or without cause.

Terra CoTTa Village Lincoln CA

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