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Kimber Hills Academy 39700 Mission Blvd. Fremont, CA 94539 REQUEST FOR PROPOSAL PRIVATE SCHOOL BUILDING FOR LEASE

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Page 1: REQUEST FOR PROPOSAL - LoopNet · 2018. 8. 1. · REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539 Page 4 PROPERTY LOCATION Fremont is a city in

Kimber Hills Academy39700 Mission Blvd.Fremont, CA 94539

REQUEST FOR PROPOSALPRIVATE SCHOOL BUILDING FOR LEASE

Page 2: REQUEST FOR PROPOSAL - LoopNet · 2018. 8. 1. · REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539 Page 4 PROPERTY LOCATION Fremont is a city in

Page 2

REQUEST FOR PROPOSAL:

Kimber Hills Academy39700 Mission Blvd.Fremont, CA 94539

I. Introduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

II. Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4

III. Property Overview . . . . . . . . . . . . . . . . . . . . . . . 7

IV. Bid Submittal Process . . . . . . . . . . . . . . . . . . . 8

A. Minimum Lease Terms . . . . . . . . . . . . . . . . . . 9

B. Documentation of Financial Stability . . . 10

V. Selection Process . . . . . . . . . . . . . . . . . . . . . . . 11

Table of Contents

Page 3: REQUEST FOR PROPOSAL - LoopNet · 2018. 8. 1. · REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539 Page 4 PROPERTY LOCATION Fremont is a city in

REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

I. Introduction

This Request for Proposal (RFP)

presents a unique leasing opportunity

to lease a portion of the property

owned by Fremont Community Church

that was formally operated as the

acclaimed Kimber Park Academy. The

property (School) is located at 39700

Mission Blvd., Fremont, CA 94539.

The Property is not currently for sale.

Direct URL: https://www .dropbox .com/s/71ua8bvcbzgrkkz/Fremont%20Community%20Church%202018%20Dutra%20Final .mp4?dl=0

Direct URL: https://tours .bayhometours .com/public/vtour/display/1098660

Page 3

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Page 4REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

PROPERTY LOCATION

Fremont is a city in Alameda County,

California, United States . It was

incorporated on January 23, 1956,

from the annexing of Centerville, Niles,

Irvington, Mission San José, and Warm

Springs . Located in the southeast San

Francisco Bay Area and straddling

both the East Bay and South Bay

regions, Fremont has a rapidly-growing

population of around 230,000 . It is one

of the largest cities by land area and

the fourth most populous city in the San

Francisco Bay Area, behind San Jose,

San Francisco, and Oakland . It directly

borders and is the closest East Bay city

to Silicon Valley as formally defined, and

is thus often associated with it . The city

has an extensive and rapidly expanding

base of both tech industry and workers .

II. Background

The property is located in the Kimber

Neighborhood (see map above) and is

part of the building owned by Fremont

Community Church . The lease premises

formerly housed the acclaimed

Christian Community Schools, more

recently known as Kimber Hills

Academy . The Kimber Hills Preschool

is still in operation and is located

elsewhere on the campus .

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Page 5REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

DEMOGRAPHICS

1 https://statisticalatlas .com/neighborhood/California/Fremont/Kimber-Gomes

Household Income in Kimber-Gomes1

Educational Attainment in Kimber-Gomes1

69%

Median Household Income Percentiles in Kimber-Gomes

as a percentage more or less than Fremont at large

75%

Population of Kimber-Gomes aged 25+ with higher degrees

than high school diploma

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Page 6REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

FREMONT UNIFIED SCHOOL BOUNDARIES2

CENTRAL PARK/LAKE ELIZABETH, AQUA ADVENTURE WATERPARK AND GOLF COURSE

In close proximity to the school is the 450-acre Fremont

Central Park, located on Paseo Padre Parkway between

Grimmer Road and Stevenson Boulevard, easily

accessible from I-880 and I-680 . It was developed

in 1960 and contains Lake Elizabeth an 83-acre

man-made lake . The Fremont Park Golf Course is

northeast of the park, and the Aqua Adventure water

park and group picnic areas is southwest of the park .

GOMES ELEMENTARY SCHOOL555 Lemos Lane, Fremont, CA 94539510 .656 .3414

HOPKINS JUNIOR HIGH SCHOOL600 Driscoll Road, Fremont, CA 94539510 .656 .3500

MISSION SAN JOSE HIGH SCHOOL41717 Palm Avenue, Fremont, CA 94539510 .657 .3600

2 http://www .myschoollocation .com/fremontusd2/

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Page 7REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

III. Property Overview

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KIMBERHILLS

ACADEMY

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AVAILABLEPOTENTIALLY AVAILABLENOT AVAILABLE

The portion of the property to be leased

has rentable square feet of approximately

10,000+ SF and includes the following as

detailed below and as represented in the

conceptual floor plan.

� 12-14 Rooms

� Full Gym/Multi-Purpose Room

� 5 Restrooms

� Teacher’s Lounge

� Courtyard and Enclosed Play Area

� Outdoor Dining Area with Snack Shack/Kitchen

� Large Hardscape Play Area

� Large Fields

� Potential Other Space for Lease (subject to negotiation)

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Page 8

IV. Bid Submittal Process

INQUIRIES AND LETTERS OF INTENT (“LOI”)

Fremont Community Church has engaged 3D Strategies,

Inc. as their representative in releasing this Offering

Memorandum which seeks offers from prospective lessees

to lease the subject premises . All inquiries associated with

the property, to garner assistance in a tour of the property,

and all Lease Proposals should be directed to:

Dominic D. Dutra Founder/CEO 539 Barcelona Drive Fremont, CA 94536

[email protected] Cell Phone: 510.366.9931 BRE Lic# 00963281

REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539

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Page 9

A. Minimum Lease Terms

Prospective Lessees will enter a lease containing the following minimum terms and conditions:

1 . The Lease may be subordinated with the School providing a nondisturbance agreement .

2 . The Lease will be an Absolute NNN/Bonded Lease: No landlord responsibilities . Tenant is responsible for taxes, insurance, maintenance and capital reserves including, but not limited to, roof, external parking lot and hardscape, painting (interior and exterior), etc .

3 . Lease period will be a minimum of two (2) years (“Base Term”) with potential options to renew (subject to negotiation) .

4 . The leased premises will be confirmed as part of the binding Lease Agreement .

5 . Lease of Property to be “as is” without warranties or representations, express or implied, concerning the suitability of the Property for the proposer’s intended use except as expressly stated in the Lease, and will require Lessee to be responsible for any required capital improvements .

6 . Owner to have reasonable approval rights over any alteration or improvements to the Property .

7 . Owner to have the right to terminate the Lease at any time, with 210 days’ notice, as well as at the expiration of the Base Term and each Option Term .

8 . Payment Provisions

a . Annual rent calculated based on a minimum rent of $2 .00 per square foot per month for the Leased Premises payable monthly in installments (Base Rent) .

b . The Base Rent payment shall be increased each year by 4% .

c . The Base Rent shall be adjusted to Fair Market Rent prior to the commencement of each Option Term, if any, as determined under an appraisal process .

SUBMITTAL OF LEASE PROPOSALS

All proposals must contain proposed lease terms and

documentation of financial responsibility (detailed below).

Proposals must be submitted electronically to Dominic D .

Dutra at [email protected] with the identification

of the Property and the name of the person or entity

submitting the proposal . Fremont Community Church

reserves the right to accept proposals at any time, or to

reject all proposals, at their sole discretion .

REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539

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B. Documentation of Financial Responsibility

All proposers must provide documentation showing that they have the financial ability to pay the lease payments on time, and meet the other financial obligations concerning the lease of the Premises as set forth in the lease proposal. The financial documentation is one important factor in determining whether a proposer is a “responsible proposer .”

Documentation shall take the form of:

1 . Financial statements for the past three (3) years .

2 . A minimum of one (1) letter of reference from a major bank or lending institution .

3 . A statement describing any and all litigation in which the entity and principals have been involved during the past five (5) years, as well as any litigation which is pending or threatened against the entity and principals, and known to the entity based on its reasonable investigation .

4 . A statement regarding any past or current bankruptcies involving the entity, the principals, or any sub-entity .

5 . All documentation of financial responsibility shall be submitted with the proposal at the same time as the proposed lease terms .

6 . The Owner reserves the right to perform a background or credit check on any entity or principals .

Additional information may also be requested .

Page 10REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd ., Fremont, CA 94539

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REQUEST FOR PROPOSAL: Kimber Hills Academy, 39700 Mission Blvd., Fremont, CA 94539

Selection Process

Proposers must demonstrate the experience and expertise

in establishing the use of the Property contemplated in the

proposer’s response to this RFP . In addition, the successful

proposer must demonstrate the financial ability to meet the

obligations in the proposed lease .

The Board reserves the right, if it deems it in their interest, to

reject any and all proposals, and to withdraw the Premises

from potential lease .

At the time a proposal is to be awarded, the Board shall adopt

a Resolution directing the Chief Operating Officer or other

designee to execute a lease with the successful proposer .

V. Selection Process

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DISCLAIMER

While the information contained herein has been provided in good faith and in an effort to provide prospective lessees with relevant property data, it should not be considered a substitute for a thorough due diligence investigation .

The information contained herein has been obtained from sources we believe to be reliable; however, 3D Strategies has not verified, and will not verify, any of the information contained herein, nor has 3D Strategies conducted any conclusive investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided . All potential lessees must take appropriate measures to verify all of the information set forth herein .

3D Strategies has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the property’s development potential, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos (or any other hazardous materials or substances), the compliance with State and Federal regulations, the physical condition of the improvements of the subject property .

Dominic D. Dutra Founder/CEO 539 Barcelona Drive Fremont, CA 94536

[email protected] Cell Phone: 510.366.9931 BRE Lic# 00963281