Draft/ Hollister Retail Update

October 2008

Sample of Commercial/Retail Property Available (as of October 2008)

•  Retails Pads at Guerra's/Lowe's Legacy Center w/ 4,000 to 15,000 sq.ft. Will design to suit for tenants. Available in Summer 2009.

• Office/Retail Building on San Benito Street, 1 st floor retail & office on 2-3 story w/ 7,400 sq. ft. (for sale or lease)

•  Commercial Condo Offices on San Felipe 1,000 to 2,000 sq. ft each (for sale)

•  Downtown Commercial/Retail with two 4,000 sq. ft. units (for lease)

•  Downtown office building on 6 th Street, 1 story w/ 1,465 sq. ft (for sale)

•  TBB for Retail/Commercial, vacant development site w/ .6 acre on San Benito (for sale)

•  Former Dick Bruhn Retail Building w/ 7,840 sq. ft. (for sale)

•  Retail/office space in former Penney's Building w/ + 12,000 sq. ft. (for lease)

•  New retail space @ McCray Street, 2,000 to 12,000 sq. ft in several buildings (for sale or lease)

•  Future shopping center site. Level 17.0 acres w/ frontage on new CA Route #25 at gateway to Hollister. All utilities available. (Land for sale)

Trade Area Profile: (For Retail Analysis specifics)

"In virtually every retail category, with the exception of "Grocery and

Liquor", the demand for these products exceeds the three (3) and ten (10) mile

supply, some by a staggering margin. Examples of only the three-mile

leakage (of local consumer dollars):

• Furniture and Home Furnishings...$9.9 million;

• Electronics and Appliances...$12.2 million;

• Building Materials and Garden Equipment...$39.3 million;

• Health and Personal Care...$10.3 million;

• Gasoline Stations...$35.1 million;

• Clothing and Clothing Accessories...$29.3 million;

• Sporting Goods, Hobby, Books and Music...$11.0 million;

• General Merchandise (Department, Warehouse Stores)...$42.6 million;

• Full-Service Restaurants...$12.0 million.

From: Retail Areas Analysis, Strategies & Recommendations , prepared by Jim Harrigan, Principal of Economic Development Systems, September 2008