Sky Ranch Highway Industrial
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Sky Ranch Highway Industrial 4 2 10 H W Y 2 0 / 2 6 C A L DW E L L , I D 8 3 6 0 5 Sherry Schoen Senior Managing Director t 208-870-6933 sherry.schoen@ngkf.com
S K Y R A N C H H I G H WAY I N D U S T R I A L Property Highlights • • Class-A industrial business park on 17.61 acres of highway frontage Located at the signalized intersection of 200,100 SF WA R E H O U S E / D I S T R I B U T I O N / F L E X Highway 20/26 and Smeed Parkway • Immediate access to Interstate 84 and Concrete Tilt within 2 miles of Highway 19 and Union Pacific Railroad • Adjacent to the Caldwell Industrial Airport with 6,800 feet runway CONSTRUCTION • Property located in the Foreign Trade Zone (FTZ) allowing businesses to take advantage On-Site Yard of reduced tariffs • Industrial revenue bonds (IBR) and many City/State incentives available • Education and workforce are a top priority CAN BE SECURED with Treasure Valley Community College and College of Idaho Lease Rates • $0.72 SF + NNN Late Spring 2021 C O N S T R U C T I O N S TA R T S • NNN estimated at $0.15 SF • Office build to suit Early Q1 2022 D E L I V E RY NEWMARK 2
S K Y R A N C H H I G H WAY I N D U S T R I A L Building 1 Building 2 Building 3 • 129,600 SF divisible to 10,800 SF • 35,100 SF divisible • 32,400 SF divisible • Building dimensions 180’x720’ • Building dimensions 390’x90’ • Building dimensions 360’x90’ • 9’x10’ dock high doors • Options for grade level doors • Options for grade level doors • Option for levelers and grade level doors • Front loading configuration • Front loading configuration • Rear loading configuration • 24’ clear height • 24’ clear height • 32’ clear height • ESFR fire Suppression System • ESFR fire suppression system • 30’ column spacing • Office – build to suit • Office – build to suit • ESFR fire suppression system • Parking stalls – 2 per 1,000 SF • Parking stalls – 2 per 1,000 SF • Office – build to suit • Skylights, LED lighting, efficient heating and • Skylights, LED lighting, efficient heating and 480V power 480V power • Parking stalls – 2 per 1,000 SF • Skylights, LED lighting, efficient heating and 480V power Building 4 • 4,000 SF • Building dimensions 75’x53’ NEWMARK 3
S K Y R A N C H H I G H WAY I N D U S T R I A L Franklin Road BUILDING 3 BUILDING 2 32,400 SF 35,100 SF 360’x90’ Smeed Parkw 390’x90’ ay BUILDING 4 4,000 SF BUILDING 1 129,600 SF YARD 180’x720’ 40,000 SF YARD 47,000 SF NEWMARK 4
S K Y R A N C H H I G H WAY I N D U S T R I A L Vallivue District Middle School Voyage (Under Construction) Crossing 55 ,50 0c ars /da y Sage Travel Plaza The Ranch EXIT 15 215 80 84 #29 US US US US US US 15,500 cars/day 89 189 89 189 20 26 13,500 cars/day BUILDING 2 BUILDING 3 Covey Cafe Nutrien Ag Solutions 2,800 cars/day BUILDING 1 BLDG YARD 4 Echo Trailers YARD 1,700 cars/day Kcid Road Thomas Jefferson Charter School Bay-Wash Skyway Street of Idaho GALS Quad Aviation Way Smeed Parkway Superior Steel 15 215 80 84 Products, Inc. Skyway Street 58, 500 car s/d ay NEWMARK 5
S K Y R A N C H H I G H WAY I N D U S T R I A L Po ll ard L an e Bea co n Li gh t R oa d New Ho pe R oa d MI D D LETO N Palm er La ne " " Fl oa ti ng F ea th er Ro ad 55 44 " TREASURE VALLEY O ld £ ¤ 20 44 STAR E A GL E " 2020 ESTIMATED POPULATION Hi gh 44 H i ll R o a d 891,173 SKY RANCH Sta te St ree t " 44 2020 EST. DAYTIME POPULATION 880,285 wa HIGHWAY INDUSTRIAL y 3 Eagle Island 2020 ESTIMATED HOUSEHOLDS 325,869 " G ar y L a n e State Park 0 44 Pierc e P ark L a ne " 16 2020 EST. MEDIAN HH INCOME $58,533 " BanBury Marb le F ron t R oa d Golf Course 55 Sim pl ot B o ul eva rd " 19 North Ranch Business Park £ ¤ £ ¤ Eagle Island Marketplace Joplin Industrial Park Plantation Shopping Hi l Quail Hollow l 26 20 Ch in de n Bo u lev ard Center oa Golf Couse Boise R CALDW E LL Linder Research 11t h Av en ue Village HP d Center Industrial Sky Ranch Way Business Crane Creek Park Country Club Can - Ad a Ro ad 10t h Av en ue McMi lla n Ro ad In di an a A ven u e Li nd en St re et McD erm ot t R oa d Multa Foods M E RI DI AN GARDEN Mid dl et o n Ro ad Caldwell St Fa rmw a y R oa d at Industrial CITY Co le Ro ad Ustick e Li nd er Ro ad Airport Marketplace S tr Ust ic k R o ad ee Gateway t Marketplace Sta r R oa d Lo cu st G ro ve Ro ad 15 215 80 84 Fo La ke Ave nu e The Village rt at Meridian Customer Fa i r v i e wCenter St A ve n u e Ho me da le Road Ch erry L an e Downtown re Treasure Meridian Valley Crossroads Business et Treasure Headquarters Crossing Headquarters 80 Boise 184 Core Valley Marketplace Birc h L an e 15 215 Westpark Towne Ann Morrison Northside Square Park Ridgecrest Adler-Franklin Plaza Headquarters Industrial Park Map le G rov e R o ad Or ch ard St ree t Golf Club Fra nk lin R o ad & Eagle Midtowne Karc he r R oa d " Centennial Kalispell Flex Franklin 55 Spectrum Birch Towne Plaza Karcher Golf Course Buildings Marketplace Shannon Warm Springs V is t a A ven ue Nampa Ten Mile Golf Course Drive Crossing Regional Medial Center BOISE Gateway Eagle View Broadmore Center Landing Distribution Way Center Ov erl an d Ro ad Or ch ard Av en u e Elderado Silverstone B Airp o rt R oa d Business Business SERVICE o Kin g s R o ad Headquarters CENTER is Center Park " " e 45 Hillcrest A 69 West Airport Country Club ve Regional Medial Center Industrial Park nu Barber Vict o ry R o ad e Station Hap p y Va lle y R o ad Lo n e St ar Ro ad Fi ve Mile R oa d Mid w ay Ro ad La d ke Ro a NA M P A Sh or e Am it y R o ad i de Eag le Ro ad Dr er s iv 80 84 M eri di an Ro ad Io wa A ven u e 15 G o w215 e Te n M il e R oa d en R Li nd er Ro ad Simplot Riv Clo ve rla n d R oa d oa d Gowen Lake Lowell Industrial Sports Complex " Gr een h urs t Ro ad Park Bla ck Cat Ro ad Boise Ranch 21 Golf Course Beechcraft Fe d Ro bi ns on R o ad M a j o r B u s i n e s s C o m p le x e s Lo cu st L an e Co lu mb ia R oa d e ra 12t h Av en ue l W M a j o r Re t a il C o m p le x e s a McD erm ot t R o a d y Ste w art R oa d Le wi s L an e Hu bb ar d Ro ad Boise Gateway Industrial Park Distribution Center M a j o r I n d u s t r i a l Ce n t e r s KUNA Dee r F lat Ro ad Dee r F lat Ro ad " 69 0 1. 2 5 2. 5 5 M il e s Treasure Valley Trade Area & Largest Employers B O I S E , I DA H O nmrk.co m This document has been prepared by Newmark Knight Frank for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Knight Frank accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein. 10/30/2020 l \\Maphics\maphics\Mapping\Map Documents\Division\General\United States\Idaho\adaco_canyonco\Treasure Valley - Market Information.mxd - Map Data and/or Imagery Courtesy of Esri NEWMARK 6
S K Y R A N C H H I G H WAY I N D U S T R I A L Drive Times 2 minutes " I-84 (EXIT 29) " 3 minutes C A L DW E L L I N D U S T R I A L A I R P O R T Simplot Boulevard " " SKY RANCH HIGHWAY INDUSTRIAL US 89 189 89 189 20 26 US US US US US 5 minutes Midland Boulevard Middleton Road Linden Street S TAT E H I G H WAY 1 9 Farmway Road Caldwell Northside Boulevard Indiana Avenue Industrial 10th Avenue 24 minutes Airport Cl ev el Ustick Road an d BOISE AIRPORT B 15 215 oul80 84 Lake Avenue ev ar d Cherry Lane Midway Road " Karcher Road " NEWMARK 7
S K Y R A N C H H I G H WAY I N D U S T R I A L DRIVE TIME MAP From Boise, Idaho Drive times from Boise, ID SEATTLE, WA 7 hours 30 Minutes 494 Miles HELENA, MT PORTLAND, OR 6 Hours 30 Minutes ! ( 7 Hours 30 Minutes 488 Miles 431 Miles ! ( ! ( BILLINGS, MT TRI-CITIES, WA Boise, ID ! ( 9 Hours 30 Minutes 613 Miles 4 Hours 30 Minues ! ( ! 288 Miles IDAHO FALLS, ID 4 Hours (! ( RENO, NV 280 Miles 6 Hours 30 Minutes ! POCATELLO, ID 422 Miles 3 Hours 30 Minutes ! ( ! ( ! ( 235 Miles ! (! ( ! ( CHEYENNE, WY 10 Hours 30 Minutes SAN JOSE, CA 735 Miles 10 Hours 30 Minutes 672 Miles DENVER, CO SAN FRANCISCO, CA SALT LAKE CITY, UT 12 Hours 5 Hours 10 Hours 813 Miles 339 Miles 640 Miles Sherry Schoen 0 125 250 500 Miles NEWMARK 2537 West State Street, Suite 110 l Boise, Idaho 83702 l 208.870.6933 l www.ngacres.com 8 This document has been prepared by Newmark Knight Frank for advertising and general information purposes only. While the information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Knight Frank accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein. 10/30/2020 l \\Maphics\maphics\Companies\Newmark Boise\1 - People\Sherry Schoen\9 - Mapping\1 - Map Documents\sschoen_drive-times-from-boise_usa.mxd - Map Da ta and/or Imagery Courtesy of Esri
S K Y R A N C H H I G H WAY I N D U S T R I A L Freight Costs (Outbound) SEATTLE Washington COEUR D’ALENE Idaho BOISE Idaho BOSTON Massachusetts POCATELLO Idaho DETROIT NEW YORK CITY Michigan New York CHICAGO Illinois PHILADELPHIA SAN FRANCISCO Pennsylvania California COLUMBUS DENVER Ohio WASHINGTON D.C. SAN JOSE California Colorado INDIANAPOLIS Indiana LOS ANGELES NASHVILLE California Tennessee MEMPHIS CHARLOTTE Tennessee North Carolina SAN DIEGO PHOENIX California Arizona DALLAS Texas FORT WORTH EL PASO Texas Texas COST PER MILE JACKSONVILLE Florida Less Than $1.80 AUSTIN $1.80 – $2.00 Texas HOUSTON SAN ANTONIO Texas $2.00 – $2.20 Texas $2.20 – $2.40 More Than $2.40 Freight Costs OUTBOUND nmrk.com N E W M Apurposes This document has been prepared by Newmark Knight Frank for advertising and general information RK 9 While the only. information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Knight Frank accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.
S K Y R A N C H H I G H WAY I N D U S T R I A L Freight Costs (Inbound) SEATTLE Washington COEUR D’ALENE Idaho BOISE Idaho BOSTON Massachusetts POCATELLO Idaho DETROIT NEW YORK CITY Michigan New York CHICAGO Illinois PHILADELPHIA SAN FRANCISCO Pennsylvania California COLUMBUS DENVER Ohio WASHINGTON D.C. SAN JOSE California Colorado INDIANAPOLIS Indiana LOS ANGELES NASHVILLE California Tennessee MEMPHIS CHARLOTTE Tennessee North Carolina SAN DIEGO PHOENIX California Arizona DALLAS Texas FORT WORTH EL PASO Texas Texas COST PER MILE JACKSONVILLE Florida Less Than $2.00 AUSTIN $2.00 – $2.20 Texas HOUSTON SAN ANTONIO Texas $2.20 – $2.40 Texas $2.40 – $2.60 More Than $2.60 Freight Costs INBOUND nmrk.com N E W M Apurposes This document has been prepared by Newmark Knight Frank for advertising and general information RK 10 While the only. information contained herein has been obtained from what are believed to be reliable sources, the same has not been verified for accuracy or completeness. Newmark Knight Frank accepts no responsibility or liability for the information contained in this document. Any interested party should conduct an independent investigation to verify the information contained herein.
S K Y R A N C H H I G H WAY I N D U S T R I A L “Idaho again one of country’s fastest-growing states” Why Idaho? #1 #1 #1 #1 CITY FOR CORONAVIRUS CITIES TO MOVE TO MOVING DESTINATION REAL ESTATE MARKET RECOVERY #5 #1 #1 & #3 #1 CITY FOR STARTING MARKET FOR OUT-OF-STATE HOMEBUYERS BEST RUN CITIES BEST PLACE TO LIVE A BUSINESS #2 #4 #2 #1 HIPSTER CITY IN AMERICA BEST PLACE TO RAISE KIDS DESTINATIONS YOU NEED TO FASTEST GROWING CITY SEE source: Boise Valley Economic Partnership NEWMARK 11
S K Y R A N C H H I G H WAY I N D U S T R I A L Who Are We? The Boise Valley is strategically located in the Mountain Time Zone and Southwestern Idaho, providing easy non-stop access to all major cities on the West Coast, the Pacific Northwest and Intermountain West. The Boise Metro area is home to 747,000 people (U.S. Census Bureau, Population Estimates Program) and a workforce of 346,000 within a 45-minute draw of Boise. The average commute time is 22 minutes. Commuting in the Valley: The major interstate serving the Boise Valley is I-84, running through the metro area’s major cities Boise, Meridian, Nampa and Caldwell, and I-184 branches toward the northeast into downtown Boise. Daily commutes are easy for the Boise Valley’s population with federal highways 20, 26, and 30 and state highways 21, 44 and 55 providing access. ValleyRide offers public transportation throughout the Boise Valley. Source: Boise Valley Economic Partnership 749,000+ TOTA L P O P U L AT I O N $21.10 AV E R A G E H O U R LY WA G E 9.5% U N E M P LOY M E N T ( 0 5 / 2 0 ) $32,620 AV E R A G E A N N UA L WA G E 36.1 MEDIAN AGE $43,888 M E A N A N N UA L WA G E $57,105 MEDIAN HOUSEHOLD INCOME Source: Idaho Department of Labor, Occupational Employment Statistics NEWMARK 12
S K Y R A N C H H I G H WAY I N D U S T R I A L AIR SERVICE The Boise Airport (BOI) is located less than five miles from What About Logistics? downtown Boise and handles more than three million travelers each year. Non-Stop From Flight Time Boise To: Chicago 3 hrs 19 mins Dallas 3 hrs 5 mins Denver 1 hr 45 mins Houston 3 hr 7 mins Las Vegas 1 hr 45 mins Los Angeles 2 hrs 10 mins Minneapolis 2 hrs 47 mins Oakland 1 hr 40 mins Phoenix 1 hr 54 mins Portland 1 hr 10 mins Reno 52 mins Sacramento 1 hr 36 mins San Diego 2 hr 0 mins There are 50 motor freight companies traveling 5 interstates, 20 U.S. highways and 30 state highways that serve San Jose 1 hr 55 mins the Boise Valley. More than 1,600 miles of rail line through Union Pacific and Burlington Northern Santa Fe provide San Francisco 1 hr 48 mins connection points to Canada, Mexico and the U.S. They are aided by the State’s regional line and 6 short line railroads. Annually, the rail system transports over 11 million tons of freight. Salt Lake City 1 hr 2 mins Seattle 1 hr 20 mins Spokane 59 mins NEWMARK 13
S K Y R A N C H H I G H WAY I N D U S T R I A L HOUSEHOLD INCOME DISTRIBUTION Less than $10,000 6.5% $10,000—$14,999 4.1% $15,000—$24,999 9.4% $25,000—$34,999 9.5% $35,000—$49,999 14.0% $50,000—$74,999 20.0% $75,000—$99,999 12.8% $100,000—$149,999 14.3% $150,000—$199,999 4.7% $200,000 or more 4.7% P O P U L AT I O N A G E D I S T R I B U T I O N
S K Y R A N C H H I G H WAY I N D U S T R I A L Workforce Large Employers Scientific/Technical Services Customer Support Centers Engineering Architecture, Legal Headquartered in Boise, Id, – Micron Technology, Inc. – Wells Fargo, N.A. MICRON TECHNOLOGY – St. Lukes Health Systems – CSHQA, a design collaboration – DIRECTV (MU, Fortune 500) is one of the – Saint Alphonsus Health System – HDR, Inc. – Alaska Airlines – Albertson’s/SuperValu – CH2M Hill – WDS Global region’s largest employers with – Walmart – Power Engineers – CenturyLink approximately 6,000 people in – J.R. Simplot Company – Hawley Troxell – Albertson’s/SuperValu the Boise Valley. CEO Mark – Hewlett-Packard Company – Eide Bailly, LLP – T-Mobile U.S.A., Inc. – IDACorp (Idaho Power) – Givens Pursely, LLP – EDS, an HP Company Durcan explains, “We look for – Wells Fargo, N.A. – Perkins Coie, LLP – Citi Card people that are high-energy, – Stoel Rives, LLP – Wells Fargo – Intermountain Gas Company entrepreneurial, and able to go – Blue Cross of Idaho – URS Corporation – ProService Boise out and create new lines of – WinCo Foods, LLC – Balihoo – HP Shopping.com – The YMCA – Healthwise business because our business is – Jacksons Food Stores – Clearwater Analytics Target Industries always changing,” He continues, – Keynetics Inc. – Citi Corp – Food Processing & “There is a lot of talent in Boise – Plexus – INL - Battelle Energy Alliance Agri-Business – Enphase Energy and Micron is not the only – Scentsy, Inc. – Technology – Lactalis American Group high-tech company in town.” – Manufacturing – Professional Services: – Back-Office & Shared Services NEWMARK 15
S K Y R A N C H H I G H WAY I N D U S T R I A L Education BOISE STATE UNIVERSITY Boise State University is the largest University in Idaho. With 643 faculty members, more than 26,000 students, and a choice of nearly 200 degrees and certificate programs, Boise State is more than just the Bronco Nation. COLLEGE OF WESTERN IDAHO (CWI) College of Western Idaho (CWI) is one of the fastest growing community colleges in the nation. Since its first offering of classes in January 2009, enrollment at CWI has grown to service more than 10,000 students a year. CWI has seven campus locations throughout Boise and Nampa, plus hundreds of classes online. In the fall of 2012, CWI introduced a new 176,000 sq. ft. state-of- the-art facility to provide professional-technical training opportunities in the Valley. Programs can be coordinated with workforce development for local companies with specialization in drafting, electronics, machine tooling, and transportation technology, as well as welding and metals fabrication. NEWMARK 16
S K Y R A N C H H I G H WAY I N D U S T R I A L Idaho Incentives Idaho Business Advantage Idaho Tax Incentives • Increases the Investment Tax Credit to 3.75% against the corporate income TAX REIMBURSEMENT INCENTIVE (TRI) tax. This is for the personal property part of the project (machinery/equipment – Companies creating new, high-wage jobs in Idaho can receive up to a 30% computers). reimbursement on sales, payroll and corporate income taxes for up to 15 years. • Real Property Improvement Tax Credit of 2.5% against corporate income tax - Companies must pay wages above the county average and create at least 50 new $125,000 per taxable year with 14 year carry forward so total of $1,750,000. This jobs in an urban area or 20 new jobs in a rural area. is the real property part of the project (new plant & building facilities). • New Jobs Tax Credit: increases the standard $1000/per job corporate income tax 3% INVESTMENT TAX INCENTIVE credit up tomaximum of $3,000/per job, depending on wages paid. Credit against Idaho Corporate Income tax for qualifying new investment in tangible • Sales & Use Tax Rebate of 25%. This is for any sales & use tax that is paid for the personal property (machinery & equipment) in Idaho. It can offset up to 50% of a property constructed, located or installed within the project. company’s liability and may be carried forward 14 years. • Small Employer Growth Incentive: local county commissions can grant an exemption on all or part of the new investment value from property taxes for a determined period of time. To qualify a company must make a minimum $500,000 investment in new facilities and create at least 10 new jobs that pay at least $40,000 annually plus benefits. Average wage for all other jobs created must be $15.50/hr plus benefits. NEWMARK 17
S K Y R A N C H H I G H WAY I N D U S T R I A L Idaho Incentives Workforce Development Training Fund (WDTF) Idaho Power Industrial Efficiency Potential $2,000/per new job created, paid directly to company. Jobs must be $12/ Cash Incentives for Energy-Efficient Designs. The financial incentive is determined hr or more with benefits and the company must produce a product or service that is on the least of two calculations: mainly marketed outside the region where the business is located. a. 12 cents per kilowatt-hour(KWh) saved per year or b. 70 % of the incremental project cost from a 2006 energy code rated project to a high efficiency project. Idaho Opportunity Fund A grant program which allows the Director of Idaho Department of Commerce to direct funds to projects for infrastructure needs within the community. This $3 million fund will be used within this year to help “close” new projects. NEWMARK 18
Sky Ranch Highway Industrial Exclusively listed by: Sherry Schoen Senior Managing Director t 208-870-6933 sherry.schoen@ngkf.com The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.
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