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jllretail.com NEC Yucca Loma Road & Apple Valley Road Apple Valley, CA Quail Ridge Plaza A Projected Grocery Anchored Neighborhood Center For Lea Developed By: Riley Properties, Inc. Malcolm R. Riley

For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

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Page 1: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

jllretail.com

NEC Yucca Loma Road & Apple Valley RoadApple Valley, CA

Quail Ridge Plaza A Projected Grocery Anchored Neighborhood Center

For LeaseDeveloped By:Riley Properties, Inc.Malcolm R. Riley

Page 2: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

Subject Property

For Lease140,000 SF Projected Grocery Anchored Neighborhood Center

Project Features

- Premiere S. California Victor Valley trade area location at the NEC of Yucca Loma Road and Apple Valley Road with estimated traffic counts of over 43,175 CPD

- Proximity to Affluent High Income Households with an average HH Income of $100,762 in a 1.5 mile radius which includes the neighboring Spring Valley Lake community that includes 4,213 homes, two condominium complexes, a 200-acre water-ski lake and 18 Hole Golf Course / Country Club

- Growing Traffic Counts Projected on Yucca Loma Road over the next several years as the newly opened four (4) lane Yucca Loma Bridge over the Mojave River connects Apple Valley to Victorville and ultimately to a new Interstate 15 Fwy interchange, creating a major east/west corridor.

- Ideal Grocery Anchor Tenant Location with no national or regional grocers within a 1.5 mile radius of Quail Ridge to serve the immediate neighboring trade area of 13,234 residents with over $100,750 Avg. HH Income

- Victor Valley College is a Community College with over 17,600 students and faculty located in the southeast corner of Victorville, approximately three (3) miles southwest of Quail Ridge Plaza

- Desirable High Level of Disposable Income with immediate trade area residents in 1.5 mile radius having Avg. HH income of over $100,750 and an average home value of $213,000.*

*Source for 92395 zip code home value avg. is Zillow.com

Traffic Counts

– ±43,176 CPD (Yucca Loma Road & Apple Valley Road)

– ±62,693 CPD (15 Freeway & Bear Valley Road)

Area Overview

Apple Valley is a Southern California city that is part of the sprawling Victor Valley region of the High Desert with over 390,000 residents. Located 94 miles northeast of downtown Los Angeles and 54 miles from Ontario International Airport, Apple Valley offers residents higher end housing options in a safe and desirable community.

* Source ESRI-2016oma Road & Apple Valley RoadApple Valley, CA | 2

Page 3: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

The Yucca Loma Bridge Is Open

The newly opened Yucca Loma Bridge links the Town of Apple Valley & the City of Victorville across the Mojave River. The Yucca Loma Bridge Corridor provides the region’s third east-west major arterial and significantly alleviates westbound traffic on other heavily congested arterials connecting to Interstate-15, including Bear Valley Road. Residents of surrounding communities now enjoy easier access into Apple Valley to experience upscale shopping, entertainment and dining opportunities. In addition, Yucca Loma Road is scheduled to be connected to the I-15 Fwy which will expand the traffic counts along Yucca Loma Road over the next few years.

Demographics

1.5 Miles 3 Miles 5 Miles

TOTAL POPULATION 13,234 49,797 125,742

TOTAL HOUSEHOLDS 13,175 49,505 124,876

AVERAGE HH INCOME $100,762 $76,966 $63,595

MEDIAN AGE 45.2 38.2 34.5

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Page 4: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

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Page 5: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

Proposed Site Plan

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Page 6: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

New Yucca Loma

Bridge

Future I-15 Fwy Interchange

2018 Start Construction

Victor Valley College

Regional Aerial

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Page 7: For Lease - LoopNet€¦ · For Lease Developed By: Riley Properties, Inc. Malcolm R. Riley. Subject Property For Lease 140,000 SF Projected Grocery Anchored Neighborhood Center Project

Jones Lang LaSalle Brokerage, Inc. Real Estate Li cense #01856260

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© 2018 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

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