SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix •...

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SAN MATEO CA 94404

Transcript of SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix •...

Page 1: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

S A N M A T E OC A 9 4 4 0 4

Page 2: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

P A G E 2P A G E 2

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES 15 MINUTEDRIVE TIME

Population 17,320 142,697 225,408 346,255

Average Household Income $160,842 $168,675 $183,323 $141,193

Daytime Population 47,313 179,723 277,826 423,217

% Bachelors Degree 32.6% 31.6% 32.4% 28.4%

METRO CENTER OFFICE TOWER

VISAGLOBAL HEADQUARTERS

SONY PLAYSTATIONCORPORATE HEADQUARTERS

GILEADHEADQUARTERS

HIGHWAY 92 - 153,000 AADT

HIGHWAY 101 - 267,000 AADT

BRID

GEP

OIN

TE

PARK

WAY

CHESS DRIVE

Residential population is 231,755 within 5 miles.Daytime population is 272,850 within 5 miles.

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P A G E 3P A G E 3

P R O J E C TH I G H L I G H T S

AVA I L A B I L I T Y T R A D E A R E A

• With over 572,000 square feet, Bridgepointe Shopping Center is one of the premier power centers in the Bay Area

• Junior Anchor, Retail, Service, Restaurant, Quick Service Restaurant Space Available

• Unique opportunity to be part of premier tenant mix

• Bridgepointe Shopping Center is the dominant San Francisco Peninsula Open-Air Center for 15 miles in each direction

• Strong Daytime population with over 277,826 employees within a 5 mile radius with more employers to come

• There are over 8,300 residential units planned or under construction in San Mateo County

• Affluent customer pool with an average household income over $183,323 within 5 miles

• Tremendous visibility and frontage with two pylon signs along Highway 92

• Excellent regional access via Highway 101 - 267,000 AADT (2016 - Caltrans) and Highway 92 - 153,000 AADT (2016 – Caltrans)

Page 4: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

P A G E 4

S I T E P L A N & R E T A I L O P P O R T U N I T I E S

92

LOT��ICE�RINK

FASHION ISLAND BLVD

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MAJOR 8

SUITE TENANT NAME SF

MAJOR 2 SIGNED LEASE - ROSS 24,144

MAJOR 3 MARSHALLS 30,757

MAJOR 4A TOTAL WINE 27,000

MAJOR 4B IN LEASE 15,400

MAJOR 6 BED BATH & BEYOND 35,550

MAJOR 7A WORLD MARKET 14,202

MAJOR 7B ULTA SALON 10,278

MAJOR 8 PETCO 10,687

MAJOR 9 AVAILABLE 14,962

SUITE TENANT NAME SF

PAD A AVAILABLE 7,491 (DIVISIBLE)

PAD B LAZY DOG RESTAURANT 8,300

PAD C BJ’S RESTAURANT 8,400

PAD D RED ROBIN 7,175

PAD E AVAILABLE 8,017 (DIVISIBLE)

SHOPS 1 ARMADILLO WILLY’S 4,908

SHOPS 2 STARBUCKS 1,722

SHOPS 2 VERIZON WIRELESS 2,528

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Page 5: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

P A G E 5

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PA D A E L E VAT I O N & P R O P O S E D D E M I S E P L A N

EAST ELEVATION

WEST ELEVATION

NORTH ELEVATION

SOUTH ELEVATION

ENTRY

ENTRY

ENTRY

ENTRY

EXIT

EXIT

EXIT

EXIT

EXIT

SUITE 21,473 SF

FOOD (A-2) USE

SUITE 12,562 SF

FOOD (A-2)USE

BUILDING A(7,326 SF)

SUITE 32,835 SF

FOOD (A-2)USE

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P A G E 6

200 SFTRASH

ENCLOSURE

121 SFELEC. ROOM

BUILDING E(8,025 SF)

SUITE 13,776 SF

FOOD (A-2) USE

SUITE 22,085 SF

RETAIL (M) USE

SUITE 32,164 SF

FOOD (A-2) USE

EAST ELEVATION

SOUTH ELEVATION

NORTH ELEVATION

WEST ELEVATION

PA D E E L E VAT I O N & P R O P O S E D D E M I S E P L A N

200 SFTRASH

ENCLOSURE

121 SFELEC. ROOM

BUILDING E(8,025 SF)

SUITE 13,776 SF

FOOD (A-2) USE

SUITE 22,085 SF

RETAIL (M) USE

SUITE 32,164 SF

FOOD (A-2) USE

EAST ELEVATION

SOUTH ELEVATION

NORTH ELEVATION

WEST ELEVATION

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P A G E 7

A R E A M A P

Page 8: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

P A G E 8

BRIDGEPOINTE SHOPPING CENTER IS THE DOMINANT OUTDOOR CENTER FOR 15 MILES IN EACH DIRECTION

SOUTHSOUTHSAN FRANCISCOSAN FRANCISCO

SAN BRUNOSAN BRUNO

MILLBRAEMILLBRAE

BURLINGAMEBURLINGAME

SAN MATEOSAN MATEO

SAN CARLOSSAN CARLOS

BELMONTBELMONT

FOSTERFOSTERCITYCITY

REDWOODREDWOODCITYCITY

SAN FRANCISCOSAN FRANCISCOINTERNATIONALINTERNATIONAL

AIRPORTAIRPORT

PALO ALTOPALO ALTO

MENLO PARKMENLO PARK

HILLSDALE SHOPPING CENTER

SERRAMONTE CENTER

THE SHOPS AT TANFORAN

14.8 MILES

15 MILES

RAVENSWOODSHOPPING CENTER

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P A G E 9

I M M E D I A T E R E T A I L T R A D E A R E A

BURLINGAMEBURLINGAME

HILLSBOROUGHHILLSBOROUGH

SAN MATEOSAN MATEO

E 4th Ave

S Delaware St

S Norfolk St Saratoga DrW 2oth Ave

N El Camino Real

Cry

stal S

prings

Rd

Hayne Rd

Parro

t Dr

31st Ave

42nd Ave

Edison St

FOSTER CITYFOSTER CITY

E

Hills

dale

Blvd

Marin

e Pk

wy

Shearwater Pkwy

Port Royal Ave

Crane Ave

Beac

h Pa

rk B

lvd

AADT 68,000

AADT 91,000

AADT 251,000

AADT 229,000

AADT 32,000

2 MILES

WOOODLAKE SC

BURLINGAME AVENUE

PARKSIDE PLAZA

CRYSTAL SPRINGS

THE MARKETPLACE

BOREL SQUARE

HILLSIDE REGIONAL MALL

LAURELWOOD SC

SAN MATEOS COMMONS

BAY MEADOWS

EDGE WATER PLACE

MARLIN COVE

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P A G E 1 0

3 MILES SAN FRANCISCO

BAYSTRONG DAYTIME POPULATION WITH OVER 179,723 EMPLOYESS WITHIN A 3 MILE RADIUS WITH MORE LEADING TECHNOLOGY FIRMS TO COME

N O T A B L E D AY T I M E E M P L O Y E R S

1 MILE

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P A G E 1 1

N E W H O U S I N G D E V E L O P M E N T

PROPOSED

PROJECT NAME DEVELOPER # OF UNITS1. 220 Park Road City of Burlingame 1282. 557 East Bayshore SyRes Properties 336

3. Broadway Plaza The Sobrato Organization 400

4. Marina Center Foster City Marina Center 1605. Gateway at Millbrae Station Republic Urban Properties 3766. Essex at Central Park Essex Property Trust 807. HaywardPark Caltrain Station Site Sares-Regis 1008. San Bruno Avenue Mixed-Use Building Rosjan Limited Partnership 609. 576 - 600 El Camino Road 3210. 777 Walnut St 20

TOTAL PROPOSED 1,692

APPROVED

PROJECT NAME DEVELOPER # OF UNITS11. 1008 Carolan Avenue SummerHill Apartment Communities 29012. 150 Serra Avenue Muzzi, Vincent A. 50013. 204 Franklin Butler Realty, LLC 9114. 849 Veterans Blvd Sares-Regis 9015. Central Park South Project Trans World Assurance 6016. 477 E. Hillsdale Boulevard Barry Swenson Builder 15117. Firehouse Square Sares-Regis Group 8118. 1409 El Camino Real Greystar 35019. Anton Redwood Anton Development 250

TOTAL PROPOSED 1,863

UNDER CONSTRUCTION / IN-LEASE UP

PROJECT NAME DEVELOPER # OF UNITS20. 103 Wilson Greystar 17521. Anton Menlo Anton Development Co. 39422. Elan Menlo Park Greystar 14623. Indigo Apartment Homes The Pauls Corp. 46324. Junipero Serra Transit Village BRIDGE Housing 52525. Martson Apartments Lennar Urban 19626. Pete’s Harbor The Pauls Corp. 40227. Rendezvous Wilson Meany 15828. Russell (The) Wilson Meany 7029. Station Park Green Essex Property Trust 59930. The Palacio Acclaim Companies 13331. Triton Pointe (Phase D) Thompson Dorfman 16632. Waverly (The) Thompson Dorfman 24033. 1305 El Camino Real Greystar 13734. 405 Cypress Ave Sares-Regis 26035. 220 North Bayshore Townhomes City Ventures 4236. 490 El Camino Real Sares-Regis 7337. Centennial Village WT Mitchell Group 28438. Old Theater Site Sares-Regis 8339. San Carlos Transit Village Legacy Partners; Prometheus 20240. The Avenue (Bay Meadows) Shea Homes 3141. Cherry Chestnut 34

TOTAL UNDER CONSTRUCTION 4,813

TOTAL DEVELOPMENT PIPELINE 8,368

SAN MATEO COUNTY DEVELOPMENT

SOUTHSOUTHSAN FRANCISCOSAN FRANCISCO

DALY DALY CITY CITY

COLMACOLMA

SAN BRUNOSAN BRUNO

MILLBRAEMILLBRAE

BURLINGAMEBURLINGAME

SAN MATEOSAN MATEO

SAN CARLOSSAN CARLOS

BELMONTBELMONT

FOSTERFOSTERCITYCITY

REDWOODREDWOODCITYCITY

SAN FRANCISCOSAN FRANCISCOINTERNATIONALINTERNATIONAL

AIRPORTAIRPORT

SAN FRANCISCOBAY

IN ADDITION TO THE 360,624 PEOPLE LIVING WITHIN 15 MINUTES OF BRIDGEPOINTE SHOPPING CENTER,

THERE ARE OVER 8,300 RESIDENTIAL UNITS PLANNED OR UNDER CONSTRUCTION IN SAN MATEO COUNTY

Page 12: SAN MATEO CA 94404 · 2020. 5. 11. · • Unique opportunity to be part of premier tenant mix • Bridgepointe Shopping Center is the dominant San . Francisco Peninsula Open-Air

P A G E 1 2

I N C O M E & D R I V E T I M E D E M O G R A P H I C S1 MILES 3 MILES 5 MILES

POPULATION

2024 Population - Projection 18,165 147,820 232,404

2019 Population - Estimate 17,320 142,697 225,408

Daytime Population 47,313 179,723 277,826

POPULATION GROWTH

Growth 2019 - 2024 0.96% 0.71% 0.61%

Growth 2010 - 2019 1.37% 0.70% 0.56%

HOUSEHOLD INCOME

2019 Est. Median Home Value $686,741 $866,839 $959,593

2019 Avg. HH Income $160,842 $168,675 $183,323

2019 Median HH Income $132,630 $128,439 $157,200

2019 EST. HOUSEHOLDS BY INCOME

$50,000-$74,999 9.6% 10.1% 9.6%

$75,000-$99,999 10.6% 11.2% 10.6%

$150,000-$199,999 17.9% 14.5% 14.0%

$200,000 and Over 26.4% 29.2% 32.8%

EDUCATION

Bachelor’s Degree 32.6% 31.6% 32.4%

Graduate or Professional Degree 27.1% 27.1% 29.3%

Source: The Nielsen Company (2019)

DENSELY POPULATED

STRONG DAYTIMEPOPULATION

SIGNIFICANTGROWTH

HIGHLYAFFLUENT

WELLEDUCATED

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P A G E 1 3

D E M O G R A P H I C D R I V E T I M E M A P

DRIVE TIMES TOBRIDGEPOINTE SHOPPING CENTER

5 minutes$160,842 - Average HH Income

53,710 - Population

$168,675 - Average HH Income174,245 - Population

10 minutes

$183,323 - Average HH Income360,624 - Population

15 minutes

SOUTHSOUTHSAN FRANCISCOSAN FRANCISCO

SAN BRUNOSAN BRUNO

MILLBRAEMILLBRAE

BURLINGAMEBURLINGAME

5 MILES

3 MILES

1 MILE

SAN MATEOSAN MATEO

SAN CARLOSSAN CARLOS

BELMONTBELMONT

FOSTERFOSTERCITYCITY

REDWOODREDWOODCITYCITY

HAYWARDHAYWARD

PALO ALTOPALO ALTO

MENLO PARKMENLO PARK

SAN FRANCISCOSAN FRANCISCOINTERNATIONALINTERNATIONAL

AIRPORTAIRPORT

SAN FRANCISCOBAY

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S A N M A T E OC A 9 4 4 0 4

© 2020 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners, and the use of such logos does not imply any affiliation with or endorsement of CBRE. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. PMStudio _ May2020

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