grocery-anchored center serving the greater verrado …...3.25 mi east > thomas rd banner health...

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Northwest Corner of Jackrabbit Trail & Indian School Road | Buckeye, AZ Grocery-Anchored Center Serving the Greater Verrado Community Estimated Summer 2021 Opening JOIN 3131 E Camelback Rd, Ste 340 Phoenix, AZ 85016 phoenixcommercialadvisors.com

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Page 1: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

Northwest Corner of Jackrabbit Trail & Indian School Road | Buckeye, AZ

Grocery-Anchored Center Serving the Greater Verrado Community

EstimatedSummer 2021

Opening

JOIN

3131 E Camelback Rd, Ste 340 Phoenix, AZ 85016phoenixcommercialadvisors.com

Page 2: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

Teale [email protected]

Dan [email protected]

Cameron [email protected]

Greg [email protected]

Exclusively Listed ByVERRADO U N I Q U EC O M M U N I T Y

IS A

SMALL TOWN CHARMWITH

VERRADOESTABLISHED IN 2002,

QUICKLY EARNED

NATIONAL RECOGNITIONFOR ITS ORIGINAL TOWN PLANNING PRINCIPLES

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. [10] MAY 4, 2018

Page 3: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

Attractions

±988,000 ATTENDEESper year / all events

Town of Buckeye Development/Facts

CHRIST CHURCH OF VALLEY (PLANNED) 800 weekly visitors (Opens December 22)

VERRADO WAY CORRIDOR9 developments planned with an estimated6,300 total lots to be improved

#1 IN THE WEST VALLEY Issues the 3rd most permits of any city in the greater Phoenix region in 2018

±1,009,000 ATTENDEESper year / all events

±244,820 ATTENDEEScombined (2019 Spring Training)

±42,000 ATTENDEESper event

Distribution Center

±1,500 JOBSDistribution Center

±120 JOBSCenter

±240 JOBSFacility

±1,500 JOBSDistribution Center

±130 JOBS(Expected 2020)

Goodyear

TBD JOBSGoodyear

TBD JOBSData Center

±100 - 150 JOBS(Timing TBD)

Corporation

±200 JOBSDistribution Center

±1,500 JOBS

Loop 303 Hub (Employment – Notable Info)

1324

9

10

7

6 8

5

1 2 3 4 5

6 7 8 9 10

Page 4: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

• The community has two elementary, two middle and one high school.

• Loop 303 access off Indian School Road, plus a full-diamond interchange at Jackrabbit Trail and Interstate 10.

• The community has its own full-diamond interchange off of Interstate 10 at Verrado Way.

• The first residents moved in during summer of 2002.

• Banner Health opened its first phase of a new regional hospital at the northwest corner of Verrado Way & I-10.

VERRADO IS A DMB-DEVELOPEDMASTER-PLANNED COMMUNITY IN THE

SOUTHWEST PORTION OF METRO PHOENIX

Total Community

8,800 Acres

Entitled Residential

14,080 Units

Entitled Commercial

4,200,000 SF

Hiking Trails

21 Miles

71 Parks

Grade “A” Schools

VERRADO IS FILLED WITH AMENITIES

Verrado Golf Club(18-Hole Golf Course)

The Center on Main(Pools, Fitness Facilities)

Banner Health(Primary Healthcare Facility)

Heritage Swim Park(Resort Pool, Splash Pad, Grand Lawn)

Victory District(55 Plus Community)

Victory Golf Club(18-Hole Golf Course - 2016)

VERRADO HAS BEEN NAMED “BEST PLACE TO LIVE” BY ARIZONA FOOTHILLS MAGAZINE

Page 5: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

FUTUREDEVELOPMENT

White TankMountains

White TankMountains

White TankMountains

FUTURERESIDENTIAL

FUTURERESIDENTIAL

VICTORY(55 PLUS)

CUSTOMHOMESITES

VerradoGolf Club

VerradoGolf Club

RESIDENTIALRESIDENTIAL

RESIDENTIAL

RESIDENTIAL

I-10

LOOP 3033.25 MI East >

Thomas RD

BannerHealth

Verrado Co�ee Co.

FireStation

AquaticCenter(2015)

Verrado MiddleSchool

±871 Students

VerradoHigh School

±1,923 Students

COMMUNITY SIZE/SCALE

13 total square miles

8,800 total community acres

66 neighborhood parks

3 commercial districts

PROPERTY ENTITLEMENTS

14,080 entitled residential units (single family, executive homes, custom, active adult)

4,200,000 non-residential sq. ft.

Verrado.com

Mc Dowell RD

CommercialMixed-Use

Verrado Way

Verrado Way

CommercialMixed-Use

Commercial

Indian School RD

FUTURERESIDENTIAL

VERRADO DEVELOPMENT MAP

Eight

VerradoElementary School

±673 Students

VerradoHeritage

ElementarySchool

±817 Students(2015)

VERRADO DEVELOPMENT MAP

Christ Church of Valley (PLANNED)

+800 Members

Page 6: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

N

Page 7: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

TRADE AREA

Quarterly Overview

Quarterly Starts 621Quarterly Closings 513Annual Starts 2,064Annual Closings 1,645

Housing OverviewQ1 2020Trade Area

Project(s) Overview - Lifetime

In-Cont./Planned Homes 1,133Available/Permitted Lots 3,703Proposed/Future Homes 38,377

Demographic Profile*2019 Estimates - ESRI

Total Population 106,165Annual Growth Rate 2.75%Average Household Size 3.14Median HH Income $96,800Median Age 33.8Daytime Population (Residents) 54,875Daytime Population (Employees) 13,419

Projected Growth Analysis*Calculated using Metrostudy Q1 2020 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)

3,557

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

11,627

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

120,503

Total Projected Population GrowthEstimate 135,687

Page 8: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

±6,691 VPD±6,691 VPD±7,000 VPD±7,000 VPD

±5,

500

VP

5,50

0 V

PD

Page 9: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

site plan not drawn to scale

9 7

GROCERY

SHOPS 'A'

PA

D 1

PAD4

PARCEL II

PARCEL I

FUELS

HO

PS

BPAD3

PAD2

PARK ST.

JAC

KR

AB

BIT

TR

AIL

INDIAN SCHOOL RD.

NWC JACKRABBIT TRAIL & INDIAN SCHOOL RD.BUCKEYE, AZ.

197T

H A

VE

NU

E

2016-10-12ST36-LEASE AREAS

NEXISTINGEXISTING

TRAFFIC LIGHTTRAFFIC LIGHT

FUTUREFUTURETRAFFIC LIGHTTRAFFIC LIGHT

FUTUREFUTURETRAFFIC LIGHTTRAFFIC LIGHT

Page 10: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

Nsite plan not drawn to scale

8

25'

39

2

60'

60'

SUITE112

3,400 SF 55'

2

Site Area:

Coverage:

Parking Provided:

Overall Parking Ratio:

858,986 S.F. (19.72 AC.)

18.9%

829 Spaces

Building Area:

5.09 / 1,000

166,733 S.F.

Overall Site Data

(NIC Mezz, 3,986 S.F.)

(NIC Mezz, 3,986 S.F.)

NWC JACKRABBIT TRAIL & INDIAN SCHOOL RD.BUCKEYE, AZ.

1 1/16" = 1'-0"

LEASE FLOOR PLAN - SHOPS A

07-07-1613027-ST30

SUITE110

1,800 SF

SUITE109

1,400 SF

SUITE108

1,200 SF

SUITE106

2,044 SF

SUITE105

1,200 SF

SUITE104

1,200 SF

SUITE103

1,200 SF

SUITE101-1022,756 SF

SHOPS A16,200 S.F.

825

'39

2

60'

60'

SUITE112

3,400 SF 55'

2

Site Area:

Coverage:

Parking Provided:

Overall Parking Ratio:

858,986 S.F. (19.72 AC.)

18.9%

829 Spaces

Building Area:

5.09 / 1,000

166,733 S.F.

Overall Site Data

(NIC Mezz, 3,986 S.F.)

(NIC Mezz, 3,986 S.F.)

NWC JACKRABBIT TRAIL & INDIAN SCHOOL RD.BUCKEYE, AZ.

1 1/16" = 1'-0"

LEASE FLOOR PLAN - SHOPS A

07-07-1613027-ST30

SUITE110

1,800 SF

SUITE109

1,400 SF

SUITE108

1,200 SF

SUITE106

2,044 SF

SUITE105

1,200 SF

SUITE104

1,200 SF

SUITE103

1,200 SF

SUITE101-102

2,756 SF

SHOPS A16,200 S.F.

Verrado Animal Hospital

La Vie EnDay Spa

Page 11: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

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.

JACKRABBIT TRAIL & INDIAN SCHOOL ROAD | BUCKEYE, AZ

0 100 200 300

Ve r r a d o E a s t D i s t r i c tP h a s e 1 I l l u s t r a t i v e S i t e P l a n

B u c k e y e , A r i z o n a

January 27th, 2016

L A N D D E V E L O P M E N TDisclaimer: All features, drawings, renderings, plans, and

specications are conceptual and subject to change without notice.

Phase 1 Gross Site Acreage 36.15 Acres

55’ x 120’ Lots 71 Lots

45’x120’ Lots 83 Lots

Total Lots 154 Lots

JAC

KRA

BBIT

TRA

IL

INDIAN SCHOOL ROAD

Jackrabbit Trail & Indian School Road | Buckeye, AZ

Page 12: Grocery-Anchored Center Serving the Greater Verrado …...3.25 MI East > Thomas RD Banner Health Verrado Co˜ee Co. Fire Station Aquatic Center (2015) Verrado Middle School ±871 Students

ESRI 2019 Estimates

TRADE AREA DEMOGRAPHICS

NWC Jackrabbit Trail & Indian School Road | Buckeye, AZ

Population Summary2019 Total Population 106,165

2024 Total Population 121,613

2019-2024 Annual Rate 2.75%

2019 Total Daytime Population 68,294

Workers 13,419

Residents 54,875

Household Summary2019 Households 32,471

2024 Households 37,397

Average Household Income2019 Average Household Income $96,800

Median Household Income2019 Median Household Income $77,577

2024 Median Household Income $86,581

2019 Households By IncomeHousehold Income Base 32,471

<$15,000 4.6%

$15,000 - $24,999 4.6%

$25,000 - $34,999 5.7%

$35,000 - $49,999 11.9%

$50,000 - $74,999 20.6%

$75,000 - $99,999 18.3%

$100,000 - $149,999 20.1%

$150,000 - $199,999 7.1%

$200,000+ 7.1%

Median Age2019 33.8

GG85

VerradoGolf Club

SundanceGolfClub

§̈¦10

MaricopaMaricopa

I-10 W

I-10 E

CR-85

I-10 Frontage Rd

AZ-

303 -

LOO

PN

S C

otto

n Ln

W Yuma Rd

W Camelback Rd

W Bethany Home Rd

S R

ainb

ow R

d

W Glendale Ave

S A

pach

e R

d

W McDowell Rd

W Northern Ave

W Olive Ave

W Van Buren St

N 1

95th

Av e

S Pe

rryv

ille

Rd

S A

irpo

rt R

d

N P

erry

ville

Rd

W Indian School Rd

W Lower Buckeye Rd

W Broadway Rd

S Sa

riva

l Ave

N C

otto

n Ln

N S

ariv

al A

ve

NVerrado

Way

N C

itrus

Rd

N A

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S 19

5th

Ave

S D

ean

Rd

S W

atso

n R

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S Ja

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bbit

Trl

S M

iller

Rd S C

itrus

Rd

White TankWhite TankMountainMountain

Regional ParkRegional Park

WaddellWaddell

L0 42

Miles

Jackrabbit Trl & Indian School Rd - Trade AreaBuckeye, AZDate: 12/14/2016