BRYCE ABERG, SIOR Executive Director BRANT ABERG, SIOR Managing Director
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2 BRYCE ABERG, SIOR Executive Director BRANT ABERG, SIOR Managing Director CUSHMAN & WAKEFIELD 4747 EXECUTIVE DR, 9 TH FLOOR SAN DIEGO, CA
3 YNEZ Ynez Road is Temecula s premier flex manufacturing facility totaling 161,117 square feet. Ideally located in the heart of Temecula on over eleven acres, the Property consists of one building on two parcels. High-quality construction, functional layouts, attractive finishes, dock and grade level loading, and abundant surface parking combine to create an inviting business environment for tenants and visitors.
4 PROPERTY FEATURES Address: Ynez Road, Temecula, CA Total Square Feet: Approximately 161,117 SF First Floor Square Feet: 141,350 SF Second Floor Square Feet: 19,767 SF Building Description: One (1) industrial flex buildings and one (1) extra lot Loading: Four (4) dock high & four (4) grade level doors Occupancy: Building will be vacant as of January 1, 2018 Land Area: AC (484,823 SF) Additional Buildable Area: Approximately +16,000 SF building on 1.58 AC parcel Parcel Numbers: & Stories: Two (2) stories Zoning: Light Industrial Year Completed: 1989 Parking: 263 spaces (1.67/1,000 SF) Warehouse Clear Height: 26 Electrical Services: Provided by Rancho California Water District Signage: Building and monument signage Asking Price: $21,500,000 including additional land
5 YNEZ CONSTRUCTION DETAILS Foundation: Frame: Roof: Exterior Walls: Warehouse Clear Height: 26 Windows/Doors: Loading: Elevators: Stairwells: Reinforced concrete slab Concrete Built-up composition. Newly refurbished including 14 skylights Concrete tilt-up & reflective glass Convex glass windows & walls Four (4) grade-level overhead doors & Four (4) dock high overhead doors Two (2) Elevators. Main lobby elevator providing easy access to second floor. Side elevator leads to second floor work area and additional offices. Limestone circular stairs lead to the second floor where a rotunda separates individual office facilities that could be accommodated by two separate companies and one main floor receptionist. Conference Rooms: Corporate Suits: Office Area: Secretary Area: Back Entrances: Water Features: Alarm Systems: There is a large contemporary conference room at the north side of the building as well as an additional conference room near the launch room facility. Corporate suits with personal bathrooms are located on the second floor, on both north and south sides of the rotunda. All offices are appointed with customized convex glass doors. Secretary areas are located outside of both executive suites with center room free standing work stations. Four back entrances load to downstairs. Two with product storage access leading to second private elevator that opens into the manufacturing facility. Large stone and porcelain water features are on either side of the building front entrance with decorative steps in pristine condition. Several alarm systems secure offices and reception area.
6 SITE PLAN EQUITY DR DEVELOPMENT OPPORTUNITY Parcel number is the area in front of the existing building. A three story approved blueprint of corporate office building and cafeteria is included with the acquisition. 61 additional parking spaces already approved by the City of Temecula. Well landscaped green blank divided by parcels. YNEZ RD COUNTY ENTER DR
7 FLOOR PLAN FLOOR PLAN FIRST FLOOR SECOND FLOOR GL ENTRY WAREHOUSE WAREHOUSE GL DH LOADING DH GL GL
8 ELEGANT RECEPTION LARGE BREAK ROOM PREMIER LOCATION FUNCTIONAL LOADING EXPANSIVE WAREHOUSE HIGH-END CONFERENCE ROOM PROMINENT ENTRANCE
9 CORPORATE NEIGHBORS FOREIGN TRADE ZONE The City of Temecula is located within San Diego s Foreign Trade Zone designation. Foreign Trade Zones (FTZs) were created in the United States to provide special customs procedures to U.S. plants engaged in international trade-related activities. Duty-free treatment is accorded items that are processed in FTZs and then re-exported, and duty payment is deferred on items until they are brought out of the FTZ for sale in the U.S. market. This helps to offset customs advantages available to overseas producers who compete with domestic industry. FTZs were created in the United States to provide special customs procedures to US manufacturing. Manufacturers locating in FTZ s do not have to pay import duties on goods brought into the zones unless they are exported to the United States and do not have to pay import taxes on the increased value of the goods added by labor in the U.S. which can potentially save companies millions of dollars annually due to the reduced fees, taxes and tariffs on goods brought into the US. INNOVATION HUB The California Governor s Office of Economic Development (GoED) recently announced the San Diego Innovation Hub or San Diego ihub has been expanded to include Murrieta, Temecula, and Southwest Riverside, along with the City of Riverside and the University of California Riverside in this zone. The new expanded San Diego ihub creates a combined technology corridor which is anchored on the south by San Diego and on the north by the University of California Riverside. This designation reflects the economic advantages of the Twin Cities, including the highly educated workforce, the area s highly rated schools, the quality of life and the availability of affordable land and buildings along the freeways for new industrial growth. The ihub initiative allows business, academia, government and venture capitalists to leverage such assets as research parks, technology incubators, universities, federal laboratories in an effort to foster innovation as a local economic development tool. YNEZ FFF Enterprises RR Donnelly Tension Envelope Corporation Axeon Water Technologies Milgard Manufacturing Professional Hospital Supply Professional Hospital Supply Scotts Airbus DS Abbott Vascular Abbott Vascular Creative Touch Interiors Greeks Store TOP EMPLOYERS Bostik 3,800 2,961 2, Bomatic Millipore Sigma Infineon Technologies Ballast Point
10 YNEZ NEARBY AMENITIES Over the past 10 years, Temecula s retail sector consistently out-performed statewide growth trends. Temecula ranked high (100%) on The Growth Persistence Index and is one of nine cities with the highest retail sales rankings in the state. California Retail Survey, 2005 PROMENADE MALL PROMENADE MALL IN TEMECULA Situated on a 75 acre site located off of I-15 at Winchester Road, this 1 million sq. ft. center offers its patrons shopping at Macy s, Sears, JCPenney, and more than 130 specialty stores. The Promenade Mall s 126,000 sq. ft. expansion outdoor lifestyle center includes many upscale tenants such as: Pottery Barn, Williams-Sonoma, Coach, Coldwater Creek, and The Walking Company. PF Changs, Yard House, Lazy Dog Cafe and Lucille s BBQ are popular restaurants that are also part of the expansion. In addition to the Temecula regional mall and power center, there are over 79 neighborhood and community retail centers located throughout the city with major tenants including: Costco, Home Depot, Staples, Stein Mart, Kohl s, Target, Sports Chalet, Pacific Sales, Barnes and Noble, Trader Joe s and Home Goods. TEMECULA AUTO MALL TEMECULA TOWN CENTER Consisting of 491,728 square feet of premier retail space, Temecula Town Center is conveniently located directly of Interstate 15. Home to over 65 national and regional tenants, the power center is anchored by Target, Vons, CVS, Home Goods and 24 Hour Fitness. RESTAURANTS The City has over 270 restaurants, coffee, and fast food establishments. Popular restaurants include Famous Dave s BBQ, Olive Garden, Red Lobster, El Torito, Macaroni Grill, California Pizza Kitchen, Iron Wok and Baily s Fine Dining & Front Street Bar and Grill. Temecula offers a multitude of exquisite cuisine, ranging from the very simple to the extraordinary. TEMECULA TOWN CENTER TEMECULA AUTO MALL DCH Honda of Temecula DCH Chrysler Dodge Jeep of Temecula DCH Acura of Temecula John Hine Temecula Mazda Paradise Chevrolet Cadillac John Hine Temecula Subaru Paradise Buick GMC Temecula Hyundai Toyota of Temecula Valley
11 2H 30 MIN Santa Barbara 55 MIN LA County 45 MIN Ontario 38 MIN Corona 50 MIN Orange County 47 MIN San Bernardino YNEZ 17 MIN North San Diego 1 HR 5 MIN Palm Springs 49 MIN South San Diego DRIVE TIME MAP LOCATION TIME MILES 1 HR 11 MIN Mexico LA County 55 min 53 mi Ontario 45 min 43 mi Corona 38 min 35 mi Orange County 50 min 49 mi North San Diego 17 min 15 mi South San Diego 49 min 48 mi
12 YNEZ TEMECULA ECONOMIC OVERVIEW Temecula, branded as Southern California Wine Country, has award winning schools, higher educational opportunities, vast array of parks and trails, diverse shopping/dining options and beautiful residential communities. Over the past two decades, the City of Temecula has evolved into an innovative, dynamic City and a regional economic center for Southwest Riverside County, all while retaining its small town feeling and character. Centrally located between Los Angeles, Orange County and San Diego, Temecula boasts designation in California s Innovation hub (IHub) and the San Diego Foreign Trade Zone. Rated one of the top twenty least expensive cities to do business in California by the Kossmont-Rose Institute, Temecula remains the ideal city for relocating, expanding, and developing a new project in Southern California. At 28 years old, Temecula is moving from building a City to sustaining a City. Strong investment in quality of life has helped Temecula retain and attract both residents and quality jobs to ensure its economic prosperity. Temecula strives to be a well-rounded community, and setting the stage for an excellent quality of life for both residents and companies is our business! QUICK FACTS Current Population(2017): 111,024 City Limits: sq miles Retail Sales Tax Generation: Ranked Top 6% in CA Average Age: 35 # of Households: 702,681 # of jobs: 52,879 Higher Learning Facilities (within 1 hr): 22 Average Household Income: $95, Million Visitors / $696 Million Travel Spending Average Daily Temperature: mid 70s
13 TEMECULA ECONOMIC OVERVIEW BUSINESS ADVANTAGES FAST TRACK PERMITTING SYSTEM The City of Temecula is fully committed to providing excellent, expeditious, and clear guidance throughout your development process. Whether it is gaining entitlements, grading permits, or building permits, we are dedicated in providing you outstanding service. Here at the City, we understand that Time is Money! Below lists a timeline of the general development process: ENTITLEMENT PROCESS: Two-week Pre-Application review process (no fees required) Process: Three-week review of initial formal submittal, two-week review of resubmittals, oneweek condition of approval preparation Public Hearings are scheduled approximately five weeks from hearing date GRADING PLAN PROCESS: No appointment needed for plan submittal Five-week total City review process (from complete submittal to mylar approval) CONSTRUCTION PROCESS (CONSISTING OF BUILDING AND FIRE PERMITS): business days for initial review period 5-7 business days for resubmittal review period Inspections within hours of request For additional information on our development process, please contact the City of Temecula Planning Department at (951) LOW COST BUSINESS REGISTRATION FEE Temecula has a low-cost registration fee of only $36.00/year. Many cities base their business license fees on gross receipts or number of employees. NO UTILITY USE TAX There is no utility tax including electric, telephone, cellular, gas, and water for businesses located in Temecula. BUSINESS RETENTION PROGRAM Temecula s Business Retention Program includes site visitations to local businesses on a regular basis. City and Temecula Chamber representatives meet with businesses and learn more about the company and it also provides an opportunity for the committee to respond to any questions the company may have. Information on labor/ education needs and available training programs that can be utilized as well as business issues relating to city services, permits and city programs are discussed. BUSINESS LIAISON The City of Temecula s Economic Development Division offers assistance for your business whether you are relocating, expanding, or developing a new project. They offer support through the various stages of the process from site selection and resource recommendations, all the way through permitting and the final inspections. SITE SELECTION SUPPORT After receiving information from a business about their plans and criteria, the Economic Development Division can compile a list of potential sites for consideration. We can also advise on zoning code and provide businesses with feedback about the need for additional permitting measures so that businesses are able to make knowledgeable decisions on their business locations. TECHNOLOGY OMBUDSMAN The Technology Ombudsman supports the growth of local technology companies as well as start-up companies and entrepreneurs. The Technology Ombudsman is there to assist existing technology companies and as well as those looking to establish their businesses in the City of Temecula. It is a contact point for a variety of services and helps to promote innovation and technological growth in the City of Temecula.
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