Q19€¦ · Additionally, the retail users at Q19 will benefit greatly from the massive influx of...

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HIGH VISIBILITY CORNER RETAIL FOR LEASE IN HIGH PROFILE DEVELOPMENT IN THE HEART OF MIDTOWN Q19 [ ]

Transcript of Q19€¦ · Additionally, the retail users at Q19 will benefit greatly from the massive influx of...

Page 1: Q19€¦ · Additionally, the retail users at Q19 will benefit greatly from the massive influx of residential units within a three blocks radius of the property. To date, nearly 400

HIGH V IS IBIL I T Y CORNER RE TA IL FOR L E A S E INHIGH PROFIL E DE V E L OP MEN T IN T HE HE A R T OF MID T O W N

Q19[ ]

Page 2: Q19€¦ · Additionally, the retail users at Q19 will benefit greatly from the massive influx of residential units within a three blocks radius of the property. To date, nearly 400

Located beneath 68 high-end luxury residential units, the retail vacancy is one of, if not the most, high profile retail opportunities in the entire urban core. Situated on the corner of 19th and Q Streets, both one-way streets, the corner location benefits from visibility from over 15,000 cars per day. As with cars traveling on both streets, the building is located on the “driver’s side” of the street thus creating maximum exposure.

The area is also heavily trafficked by pedestrians. The main pedestrian draw is the Truitt “Bark Park,” located caddy-corner to the building, which has established itself as the go-to social epicenter in Midtown. Furthermore, the building is situated one block from a Safeway-anchored shopping center and the Ice Blocks, a 200,000-square foot live-work-play project.

Additionally, the retail users at Q19 will benefit greatly from the massive influx of residential units within a three blocks radius of the property. To date, nearly 400 high-end residential units have been completed in the last three years. The notable projects include 20 PQR (36 townhomes) Powerhouse 16 (68 units), Eviva (118 units), and the Ice House (142 units).

The evolution of this area of midtown will be expedited by the completion of over 500 new units in the coming two years, including the Press Building (280 units to be completed in Q1 2020), 15Q (73 units to be completed in Q4 2019), and 17S (160 units to be completed in Q1 2021).

Measuring just under 800 rentable square feet, the space will be delivered to a tenant in “warm shell” condition, including sheet rocked walls, electrical and HVAC stubbed to the interior walls, and a finished ADA-compliant, single occupancy restroom. The vacancy also boasts two “roll up” garage doors on the corner of 19th and Q Streets.

P R O P E R T Y

S U M M A R YWE ARE PLEASED TO OFFER FOR LEASE A HIGHLY-DESIRABLE AND RARE CORNER RETAIL LOCATION AT Q19, SACRAMENTO’S MOST PROGRESSIVE MIXED-USE RESIDENTIAL PROJECT

± 240 - 1,603 SF

Office

Warm shell with one ADA restroom

$25 PSF

1907 Q Street, Sacramento, CA

SQUARE FEET:

RENT:

P R O P E R T Y I N F O

CONDITION:

TI ALLOWANCE:

ADDRESS:

± 795 SF

$3,580 per month plus NNN

2ROLL UP DOORS:

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Midtown Sacramento is the perfect fusion of successful locally owned business and organic youth infused goods and services; a healthy dose of carefully selected national and regional retailers and an eclectic mix of high-end demographic occupations are embedded in a landscape of unique older buildings and mature trees. Business owners, residents and investors have flocked to the center of Sacramento’s art, music, and cultural scene to cash in on the fruitful submarket. Many people consider Midtown to be the most centralized area in the city of Sacramento, with easy access to Downtown, Old Sacramento, West Sacramento and East Sacramento. Walk to grab coffee at The Mill, Old Soul at the Weatherstone, Peet’s, Starbucks, Pachamama or Temple Coffee.

Large infill housing and mixed-use development projects are scattered throughout the urban core; however, there is significant concentration of large developments within the immediate vicinity of the subject property, indicating regional growth and an increased emphasis on inner-city living. Specifically, retailers, office tenants and residents alike love the creative and original feel of both Midtown and that of R Street’s former warehouse district.

P R O P E R T Y

L O C A T I O N

BUCKHORN GRILLAIOLI BODEGA

ESPANOLA

MULVANEY’S B&L

DEVINE, CHIPOTLE

OLD SOUL COFFEECREPEVILLE

ZOCALO*58 DEGREES

THE PRESS BISTRO

PAESANO’SPORTOFINO

JACK’S URBAN EATS

IZAKAYAMASSAGE ENVY

MXNW VAPORSPORTCLIPS

MELODY SALONTHE UPS STORE

FRESH CLEANERS

PRONTO PIZZATHAI CANTEENNISHIKI SUSHI

MAGPIEORCHID THAI*

INSIGHT COFFEE

HOT ITALIAN

RYUJIN RAMEN

HOOK & LADDER

PANDA EXPRESS

UNIVERSITY OF BEER

EVIVA MIDTOWN

BLACK PINE DEV.

SEASONS COFFEEPRESERVATION CO.

POUR HOUSE

ZUDA YOGABREW BIKE

TRUITT BARK PARK

20 PQR DEVELOPMENT

THE SHADY LADYBURGERS & BREW

ACE OF SPADESR15

CAFE BERNARDO

KUPROS

THE PROPERTY

CAPITOL PARK

MIDTOWN

DOWNTOWN

BURGERTOWNFACES

SAWASDEE THAIOLD SPAG. FACTORY

LOW BRAUBLOCK BUTCHER BAR

NEKTER JUICERYAZUL MEXICAN

PIZZERIA URBANOPEET’S COFFEE TANK HOUSE

PETE’S BREWHOUSEPACHAMAMA COFFEE

SUBWAYMARIKA CAFE

21ST S

TREE

T

19TH S

TREET

P STREET

CAPITOL AVE

DEVELOPMENT

PRESS DEVELOPMENT

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S I T E

P L A NQ19

New Development

New Development

New Development

AVAILABLE± 795 SF

9,041 CARS PER DAY

5,51

0 CA

RS P

ER D

AY

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© 2019 This information has been secured from sources believed to be reliable. Any projections, opinions, assumptions or estimates used are for example only and do not constitute any warranty or representation as to the accuracy of the information. All information should be verified through an independent investigation by the recipient, prior to execution of legal documents or purchase, to determine the suitability of the property for their needs. Logos and/or pictures are displayed for visual purposes only and are the property of their respective

owners.

2409 L STREET, STE 200, SACRAMENTO, CA 95816916.573.3300 TURTONCOM.COM

JON LANGVICE PRESIDENT

D.R.E. LIC. 01934934916.573.3302

[email protected]

JOHN MUDGETTVICE PRESIDENT

D.R.E. LIC. 01765754

[email protected]