1. City of Barstow Commercial Real Estate Mid-Year Review
June 2, 2014
Presented by
Donald P. Brown President/Broker

2. Barstow Commercial Market

3. Geographic Location Population 41,704 Households 13,990
Average Household Income $56,532
Medium Household Income $45,941
Per Capita $20,202
Total Specified Consumer Spending $347,084

4. BARSTOW… “A Unique Market"
Small business with “OWNERSHIP” has serviced area for basic needs
Market changing due to transportation need and Air Quality Management Issue’s
Community needs vs. the needs of the big box user
Future challenges, Government Regulation, Energy Requirements (AB-1103) and ADA Requirement (CASP)

5. Barstow Market Statistics
Period
# Bldgs
Total RBA
Total Vacant SF
Total Vacant %
Total Net Absorption
RBA Under Const.
Industrial
2014 Q1 77
1,235,567
156,720
12.7%
3,500
Retail
339
2,832,226
503,028
17.8%
17,654
Office
136
565,686
50,315
8.9%
5,860
Total Commercial Inventory
552
4,633,479
710,163
13.14%
27,014

6. Barstow Industrial

7. Industrial Period # Bldgs Total RBA Total Vacant SF
Total Vacant Avail %
Total Net Absorption
RBA Under Const
Total Average Rate Q 77
1,235,567
159,635
12.9%
126,738
$0.37/nnn Q
98,614 8%
64,106
$0.35/nnn

8. Barstow Retail

9. Retail Period # Bldgs Total RBA Total Vacant SF Total Vacant Avail %
Total Net Absorption
RBA Under Const
Total Average Rate
2013 4Q
339
2,832,226
510,158
18%
8,015
$1.01/nnn
2014 1Q
499,780
17.6%
3,248
$0.98/nnn

10. Destination Retail (Spanish Trails)
Barstow’s Future
Service Commercial Development (Main St.; Replacing Aging Inventory)
Warehousing/Distribution/Logistics/ECommerce
(Barstow Industrial Park)
Destination Retail (Spanish Trails)
Hospitality/Gaming? (Lynwood Submarket)
Manufacturing? (Scuderia and Affiliated Business’s)

11. Conclusion Barstow Commercial Real Estate market has stabilized with:
Declining Absorption Rate - Positive
Stabilized Lease Rate - Positive
Vacancy Factor

12. Business Located in Barstow by Lee & Associates

13. Always Remember…. Business is a sensitive thing.
It goes where it is invited,
Stays where it is cared for,
And grows where it’s cultivated.

14. Lee & Associates has 50 offices Nationwide with over 900 agents
to serve you.
Industrial, Office & Retail Property Sales/Leasing
Tenant Representation & Relocation
Real Estate Investment
Property & Portfolio Management
Property Acquisition & Disposition
Market Research
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685 N. 1st. AVENUE SUITE 207, BARSTOW, CA
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