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SEC Loop 202 South Mountain Fwy & Baseline Rd | Laveen, AZ

The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. [9/26/19]

Greg [email protected]

WWW.PHOENIXCOMMERCIALADVISORS.COM | 3131 E CAMELBACK RD #340 | PHOENIX, AZ 85016 | 602.957.9800

ANCHORS, SUB-ANCHORS, SHOPS & PADS AVAILABLERegional Shopping Center | Laveen Park Place

Dan [email protected]

Teale [email protected]

Lance [email protected]

NOW OPEN

PROPERTY DETAILS

Property Size: Approx. 100 acres

Available: Anchors, sub-anchors, shops & pads

Rates: Call for rates

Zoning: C-2, City of Phoenix

COMMENTS

The Federal Government has approved the $1.9 billion South Mountain Loop 202 Freeway with 4 lanes in each direction stretching 22 miles. The Loop 202 Freeway is now open. The City of Phoenix has designated this site for an intense large retail developments to be built in the Laveen area. This site is in the middle of a tremendous amount of residential growth.

JOIN

PLANNED | EXPECTED Q3 2020 OPENING

DEMOGRAPHICS Trade Area

2019 Population 110,8162024 Populuation 122,1972019 Median HH Income $62,745ESRI 2019 Estimates

PHOENIX COMMERCIAL ADVISORS3131 E CAMELBACK RD #340 | PHOENIX, AZ 85016 | 602.957.9800

The information presented has been obtained by private and governmental sources deemed to be reliable. Phoenix Commercial Advisors (PCA) makes no guarantees, warranties or representations of the accuracy or completeness and all information should be verified by the interested party. [10/1/19]


8'-0

"

8'-0"

5

10

2

4

6

99

9

9

10

2

10

9

6

2

2

9

7

10

6

7

8

8

7

8

7

10

1010

101010

12

11

10

10

11

2

4

7

8

6

4

9

8

4 5

12

10

10

99

9

9

4

12

4

4

11

11

1111

5

10

10

1011

11

SIGNAL

PROPOSED

30'STBK

60'R.O.W.

60'

R.O

.W.

50'

STBK30

'SR

PES

MT

10'S

/WES

MT.

25'STBK

W. South Mountain Avenue

SIGNAL

PROPOSED

SOU

THW

EST

LOO

P 20

2 FR

EEW

AY

L A V E E NC O N V E Y A N C E

C H A N N E L

SIGNAL

PROPOSED

65' FREEWAYPYLON SIGN

EXIST. BRIDGE

MULTI-TENANTMON. SIGN

ZONING : R-3A

ZONING : R-2

ZONING : C-1

ZONING : C-2AND R-3

ZONING : GC

ZONING : S-1


30'

D

RIV

E

BASELINE ROAD

3

2

4

3

2

4

P17,000 S.F.

F.F.E. = 01.70

P24,

000

S.F.

F.F.

E. =

02.

00

59TH

AVE

NU

E

BASELINE ROAD

FUTUREPHASE

FUTUREPHASE

8

8 8

2 5

P43,500 S.F.

F.F.E. = 02.00

76

43

P57,000 S.F.

F.F.E. = 02.00

FUTUREPHASE

1

14

170'

QU

EIN

G L

ANE

223' QUEING LANE

FUTUREPHASE

+14'-4"T.O.D.

+14'-7"T.O.D.

+14'-0"T.O.D.

+14'-7"T.O.D.

+14'-0"T.O.D.

+14'-2"T.O.D.

+14'-3"T.O.D.

+14'-7"T.O.D.

+14'-0"T.O.D.

SIM.

SES

DN

BRIDGE(TO BE CONSTRUCTED)

33'

24'


30' D

RIV

E

FUTUREDEVELOPMENT

THEATER57,530 S.F.

59TH AVENUE

60'70'

P32,404 S.F. SHOPS B

9,040 S.F.

SHO

PS C

7,26

9 S.

F.

MAJOR 129,896 S.F.

SHOPS A10,389 S.F.

1111

1010

1111

1111

1010

1111

352

1111 1011

11

1111 10

1011

11

11

1111

1010

1111

11 1011

1111

1010

1111

1111

1010

1111

1111

1010

1111

1212

520

SITE AREA:353,756 S.F. (8.1 AC.)

12-PLEX1,428 SEATS408 REQ @1:3.5 SEATS

LS /

RET

.

LS /RET.

45'

40'

ALL SPACES 9'-6" X 18'

PROPOSED FUTURE DRIVE

FUTURE DEVELOPMENT378,859 S.F. (8.7 AC.)

FUTURE DEVELOPMENT142,513 S.F. (3.3 AC.)

30' DRIVE

1111 10

1111

11 10

5

LS /

RET

.

MAJOR 222,000 S.F.

MAJOR 321,717 S.F.

9

P47,000 S.F.

145

P510,000 S.F.

4

4

4

4

4

2

LS / RET.

30' D

RIV

E

MAJOR 224,743 S.F.

275 3.9 / 1,000 S.F.

P14,000 S.F.

37

SITE AREA :61,434 S.F. (1.41 AC.)

SITE AREA :265,525 S.F. (6.1 AC.)

180'

216'

P25,000 S.F.

54SITE AREA :

51,871 S.F. (1.19 AC.)

125'

191'

MAJOR 135,000 S.F.

10

10

P37,000 S.F.

10

11

5

5

MAJ

OR

310

,000

S.F

.

80'

125'

5

2

4

2

4

100'

100'

9912

9

4

7

7

8

7

8

10

SITE B

SITE A

6' METALVIEW FENCE

6' METALVIEW FENCE

810

EXITONLY

S-1

S-1

S-1

S-1

EXISTING

EXISTING

EXISTING

EXISTING

EXISTINGEXISTING

BETTY FAIRFAXHIGH SCHOOL

SITE C

Laveen Park PlaceProposed Mixed-Use Masterplan

Phoenix, Arizona

N

SCALE: 1" = 150'

0 75' 150' 300'

SITE A:Existing Zoning:Gross Site Area:Net Site Area:Building Area:Maximum Building Height:Proposed Building Height:Lot Coverage:FAR:

C-2873,881 S.F. (20.1 AC.)762,646 S.F. (17.5 AC.)

123,843 S.F.30'-0"

30'-0" (MAX)123,843 SF / 762,646 SF = 16.2%

123,843 SF / 762,646 SF = .16

SITE B:

SITE C:

SITE D:

SITE E:

Existing Zoning:Proposed Zoning:Land Area:Net Site Area:Building Area:Maximum Building Height:Proposed Building Height:Lot Coverage:FAR:

C-2 + CP / GCPC-2 with Mid-Rise

1,193,596 S.F. (27.4 AC.)1,140,754 S.F. (26.1 AC.)

160,273 S.F.30'-0"

60'-0" (MAX)160,273 SF / 1,140,754 SF = 14.0%

160,273 SF / 1,140,754 SF = .14


R-3AR-4

1,016,021 S.F. (23.32 AC.)952,760 (21.87 AC.)

516,000 S.F.30'-0"

48 '-0"516,000 SF / 952,760 SF = 54.2%

516,000 / 952,760 = .54


C-2, CP / GCPCP / GCP

1,619,273 S.F. (37.2 AC.)1,393,346 S.F. (31.98 AC.)

706,960 S.F.30'-0"

56'-0" (MAX)176,740 / 1,393,346 = 12.68%

706,960 / 1,393,346 = .51


C-2 + CP/GCPCP / GCP

1,561,712 S.F. (35.8 AC.)1,537,532 S.F. (35.3 AC.)

567,880 S.F.30'-0"

56'-0" (MAX)153,570 / 1,537,532 = 9.98%

567,880 / 1,537,532 = .37

SITE DATA

12004-ST5706-05-19

PADAVAILABLE

2,485 SFAT LEASE

AT LEASE

AT LEASE

2,400 SFAT LEASE

2,485 SFAT LEASE

2,400 SFAT LEASE

PHOENIX COMMERCIAL ADVISORS | 3131 E CAMELBACK RD #340 | PHOENIX, AZ 85016 | 602.957.9800 The information presented has been obtained by private and governmental sources deemed to be reliable. Phoenix Commercial Advisors (PCA) makes no guarantees, warranties or representations of the accuracy or completeness and all information should be verified by the interested party. [9/26/19]


±31,240 VPD ±31,240 VPD

N/A

VP

D N

/A V

PD

±1,

920

VP

D ±

1,92

0 V

PD

±19,472 VPD ±19,472 VPD



Trade Area Demographic Profile*2019 Estimates - ESRI

2019 Total Population 110,8162024 Total Population 122,1972019 Total Daytime Population 87,233 Residents 60,490 Employees 26,7432019 Housing Units 33,5842019 Median HH Income $62,7452019 Median Age 29.5



Quarterly Overview

Quarterly Starts 206Quarterly Closings 152Annual Starts 568Annual Closings 388

Housing OverviewQ3 2019Within Laveen Village Trade Area

Active & Future Communities

Legend

Project(s) Overview - Lifetime

In-Cont./Planned Homes 359Available/Permitted Lots 632Proposed/Future Homes 6,784

Demographic Profile*2019 Estimates - ESRI

Total Population 110,816Annual Growth Rate 1.97%Average Household Size 3.57Median HH Income $62,745Median Age 29.5Daytime Population (Residents) 60,490Daytime Population (Employees) 26,743

Projected Growth Analysis*Calculated using Metrostudy Q1 2019 Data, Project(s) Overview - Lifetime x 2019 Estimates - ESRI, Average Household Size

In-Cont./Planned Homes,Population Estimate at Build Out - (Timeline 8-12 months)

1,281

Available/Permitted Lots,Population Estimate at Build Out - (Timeline 12-24 months)

2,256

Proposed/Future Homes,Population Estimate at Build Out - (Timeline TBD)

24,218

Total Projected Population Growth Estimate

27,755

TRADE AREA

Multi-Family Davelopments

Map # Community Name # of Units

1 Hancock Communities,Proposed Multi-Family 147

2 Vita at 59th & Elliot, Proposed Apartments 249

Total Apartment Units 396

2

1

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