Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail...

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Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86) Coachella, California

Transcript of Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail...

Page 1: Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category

Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86)

Coachella, California

Page 2: Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category

Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86)

Coachella, California

PROJECT DESCRIPTION: Community-size Shopping Center Anchored by a special Food 4 Less, who had a phenomenal Grand Opening in 2005. Balance of Center includes additional Major Tenants, Shops, and 7-Pads along busy Grapefruit Blvd.

PROJECT SIZE: 198,000 SF of Building Area on 18-acres with 1,400 Ft. frontage on Grapefruit Blvd.

SPACE AVAILABLE: Anchor Store Spaces, Street-front Pad with drive-thru, and Approximately 20,000 + sq. ft. of shop space.

PROJECT PARKING: 826 stalls

ACCESS: The Center has excellent Regional access, and is ideally located between 49th Avenue and the signalized Y-Intersection of Harrison Ave. (former State Hwy 86) and Grapefruit Blvd. (former State Hwy 111).

The Center has several safe and convenient access points. The Main Entrance for the Center is signalized for all traffi c movements. In addition three right-in/right-out driveways are provided along Grapefruit plus direct access to both Park Lane’s signalized Highway 86/Grapefruit Y-Intersection on the South, and a new signalized 49thAvenue/Grapefruit Intersection on the North.

TRAFFIC COUNT: Approximately 35,000 vehicles per day.

DEMOGRAPHICS: Fast-growing trade-area with large Hispanic working-class middle-income population. 10,000 new homes planned for construction in trade-area. State Enterprise Zone provides major tax benefi ts to retail tenants and employees. Primary Trade-Area Extended Trade-Area

POPULATION: 40,000 80,000

2007 PROJECTION: 70,000 110,000

AVERAGE FAMILY $ 35,000 $ 46,000INCOME ($/YR.)

OVERVIEW: Premium Shopping Center location for stores seeking regional presence, strong identity, and convenience to serve Regional trade-area needs. Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category are inadequate to meet current and future trade-area needs; therefore great business opportunities exist for tenants in this Center!

Page 3: Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category

Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86)

Coachella, California

Aerial View of Location

Page 4: Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category

Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86)

Coachella, California

Page 5: Coachella Gateway Center - Luko · Coachella has strong compelling needs for additional retail stores, restaurants, and retail services. Existing retail services in every category

Coachella Gateway Center Grapefruit Blvd. (formerly Hwy 111) and Harrison Ave. (formerly Hwy 86)

Coachella, California