TEXT 1 O N TA R I O G AT E WAY S W C C O R N E R O F O N TA R I O R A N C H R D. A N D H A M N E R AV E. O N TA R I O, C A On/off ramps H A M N E R AV E O N TA R IO R A N C H R D M I L L I K E N AV E Brian McDonald First Vice President Lic. 01002150 +1 909 418 2020 brian.mcdonald@cbre.com John Oien First Vice President Lic. 01218278 +1 909 418 2135 john.oien@cbre.com
ONTARIO RANCH 2 Ontario Ranch, California spans over 8,000 acres and 13 square miles, with new master-planned communities offering beautiful neighborhoods, plus family-friendly recreation that present an endless invitation for adventure, leisure and connection. A visionary model for California Growth, Ontario Ranch is the first gigabit community in southern California, and will feature ultra-high bandwidth home-data services, plus an expansive park and trail system, new schools and independent sources of water. Future plans include over 46,000 new homes. A convenient location offers direct access to the I-15 via the new connection at Cantu Galleano Ranch Road with the introduction of Ontario Ranch Road as well connection to the 60 freeway via the newly improved Archibald Avenue. ONTARIO GATEWAY
EXECUTIVE SUMMARY 3 EXECUTIVE SUMMARY Parcel: APN 0218-211-25 Land Size: 14.2 Acres - Zoned Commercial 5.3 Acres - Zoned Commercial with Mixed Use Overlay to allowcommercial Senior Apartments and/or Office/Medical PROPERTY HIGHLIGHTS At the entrance into Ontario Ranch (a master planned community of 40,000 homes) On going to work side of the street HAMNER AVE ONTARIO RANCH RD Cantu-Galleano Ranch Rd is an on/off ramp arterial to the 15 Freeway Milliken is an on/off ramp arterial to the 60 Freeway Across the street from 3.1 Million SF Mixed Business Park and retail Power Retail Center (expected to employ upwards of 4,000 people) Across the street from: CANTU-GALLEANO RANCH RD TRAFFIC COUNTS MILLIKEN AVE I-15 & CANTU-GALLEANO RANCHO RD 155,000 CPD CANTU-GALLEANO RANCHO RD/ONTARIO RANCH RD/HAMNER 12,532 CPD
REGIONAL MAP 4 ONTARIO GATEWAY
LOCAL MAP 5 ONTARIO GATEWAY
LAND USE EXHIBIT 6 RESIDENTIAL 25 40 DU/AC (OVERLAY ZONING ALLOWS POTENTIAL EXPANSION OF MEDICAL) MIXED USE COMMERCIAL SENIOR APTS. OFFICE/MEDICAL 5.3 ACRES ZONED COMMERCIAL 14.2 AC RESIDENTIAL 6.1 12.0 DU/AC COMMERCIAL/MIXED USE ONTARIO GATEWAY (SITE) 19.5 ACRES RESIDENTIAL RESIDENTIAL WITH POTENTIAL EXPANSION OF MEDICAL MIXED USE COMMERCIAL SENIOR APTS. OFFICE/MEDICAL COMMERCIAL
PARCEL MAP 7 (OVERLAY ZONING ALLOWS POTENTIAL EXPANSION OF MEDICAL) COMMERCIAL/MIXED USE ONTARIO GATEWAY (SITE) 19.5 ACRES RESIDENTIAL Lot 1 = 3.0 Acres Lot 2 = 4.0 Acres Lot 3 = 3.0 Acres 6.1 12.0 DU/AC RESIDENTIAL RESIDENTIAL WITH POTENTIAL EXPANSION OF MEDICAL MIXED USE COMMERCIAL SENIOR APTS. OFFICE/MEDICAL COMMERCIAL Lot 4 = 5.0 Acres Total = 19.0 Acres
SITE PLAN (CONCEPTUAL) O N T A R I O R A N 8 C H R O A D (OVERLAY ZONING ALLOWS POTENTIAL EXPANSION OF MEDICAL) ONTARIO GATEWAY (SITE) RESIDENTIAL RESIDENTIAL WITH POTENTIAL EXPANSION OF MEDICAL MIXED USE COMMERCIAL SENIOR APTS. OFFICE/MEDICAL COMMERCIAL
HEALTHCARE OVERVIEW 9 NATIONAL HEALTHCARE OVERVIEW The Patient Protection and Affordable Care Act (PPACA) was signed into law by President Obama on March 23, 2010. The bill will extend coverage to 32 million uninsured Americans and prohibit insurance companies from denying or canceling policies due to preexisting medical conditions or annual or lifetime caps on coverage, according to the Congressional Budget Office. The overhaul will cost $938 billion over 10 years, with health-insurance exchanges beginning to operate in 2014, eventually raising the percentage of eligible insured Americans from today s 83% to 94%. As access to healthcare increases, the demand for such service should correspondingly increase; and in turn, so should the demand for medical office space. It is estimated that an addition of approximately 8,000 primary care physicians will be needed to care for the newly insured. Based on the current U.S. average of 1,780 square feet per primary care doctor, this addition would generate demand for another 14 million square feet of medical office space (source: National Real Estate Investor). In addition, increasing the health insurance coverage rate from today s rate of 84 percent to 95 percent would require an additional 21.4 million square feet of medical office space based on the current ratio of approximately 0.5 square feet per insured individual (source: National Real Estate Investor). While there remain many unknowns regarding the outcome of the health care reform, it is expected to generate increased demand for medical professionals and medical office space.
HEALTHCARE OVERVIEW 10 CALIFORNIA HEALTHCARE OVERVIEW The federal Affordable Care Act is transforming the way Californians obtain and pay for health insurance. Estimates are that once the law is fully implemented, 94% of the state s population will be covered by a health plan, through either an employer, a new health insurance exchange market, or expansions to public benefit programs such as Medi-Cal. California was the first state to establish a health insurance exchange specifically designed to implement the federal reforms. In doing this, California moved to the front of the line for billions of federal dollars attached to the reforms. Recent legislation in California also included a highrisk health insurance pool for adults with pre-existing health conditions who lack insurance through an employer and can t get affordable coverage on their own. The new high-risk pool gives much-needed help to 396,000 Californians who have pre-existing conditions and who have been denied coverage by insurance companies. With the new pool, California is eligible for over $750 million in federal dollars to insure these uninsurable people. Another piece of legislation in California also impacts young adults, 18 to 34 years of age, who are the least likely to be insured. In California, onethird of young adults in that age group are uninsured. Many lose coverage when they graduate from high school or college and have low-wage jobs that don t pay benefits. Under the new law, they are able to remain covered under their parents health plans until age 26. Finally, another piece of legislation targets small businesses struggling to offer coverage. While virtually all large employers offer health benefits to their workers, less than half of small businesses can afford to cover their employees. Small businesses now can take advantage of tax credits up to 35 percent of premiums and are now able to get into the state-run health exchange to take advantage of group rates and a choice of insurers.
INLAND EMPIRE HOSPITALS/OFF-CAMPUS SITES Muscoy Claremont Upland Rancho Cucamonga Fontana Rialto 10 miles San Bernardino Colton 5 miles Montclair Ontario Bloomington 3 miles Pomona Loma Linda Kaiser Permanente St. Bernadine Medical Center ONTARIO GATEWAY Sunnyslope Riverside Community Hospital Arrowhead Regional Medical Center Chino Mira Loma Rubidoux Community Hospital of San Bernardino Arrowhead Regional Medical Center Corona Regional Medical Center Loma Linda Medical University San Antonio Community Hospital Norco Chino Hills Riverside Moreno Valley Corona 11
ONTARIO OVERVIEW 12 Ontario s economy continues to expand due to its central geographical location and the City of Ontario s pro-growth approach to attracting businesses to the area. The close proximity of Ontario International Airport with over 11,500 passengers daily makes the Ontario Business District desirable for corporations seeking a Southern California presence that is easily accessible from anywhere in the world. Ontario is also home to the I-10/I-15 Interchange which provides freeway access from border-to-border and coast-to-cast. In addition to the I-10 & I-15, commuters have easy access to the 210 & 60 Freeways connecting businesses with Los Angeles, Orange and San Diego Counties. The City of Ontario is home to 167,000 residents, up 3 percent since 2010, and is predicted to double by within he next 20 years. To help accommodate this growth, the City has been committed to drafting plans to continue developing mixed-use urban lifestyle districts in the City s major town centers. One such development project helping to fuel the growth is Ontario Ranch. Ontario Ranch is a master-planned residential community from Brookfield Residential, Lennar, GDC RCCD, and Lewis Community Developers which covers approximately 8,000 acres and 13 square miles and offers approximately 46,000 new homes in fifteen different neighborhoods providing a variety of housing options community centers and schools for all working classes.
AMENITIES MAP 13 ONTARIO GATEWAY
AERIAL 14 CANTU-GALLEANO RANCH RD ESPERANZA SPECIFIC PLAN 400+ AGE QUALIFIED UNDER CONSTRUCTION BY LENNAR HAMNER AVE ONTARIO RANCH RD
ONTARIO GATEWAY SWC CORNER OF ONTARIO RANCH RD. AND HAMNER AVE. ONTARIO, CA BRIAN MCDONALD First Vice President Lic. 01002150 +1909 418 2020 brian.mcdonald@cbre.com JOHN OIEN First Vice President Lic. 01218278 +1 909 418 2135 john.oien@cbre.com CBRE, INC. 4141 Inland Empire Blvd Suite 100 Ontario, CA 91764 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.