• The Manteca area has experienced rapid growth in the last decade and will continue with the City’s General Plan for additional residential and commercial growth
  
• The City is focused on infrastructure improvements, especially in West Manteca where the subject property is located, including new and improved roads and sewer systems
  
• The City of Manteca continues to encourage business development with favorable tax incentives and subsidies
  
• The Tracy/Manteca Submarket easily commands the highest asking rents among each of the retail submarkets in the Stockton Market, at approximately 20% higher than the metro average
  
• Vacancy in the submarket, which accounts for about 30% of metro inventory, was below the Stockton average as of 18Q2
  
• Strong demographics with 78,782 residents and $81,895 average household income in a 3-mile radius

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