grocery-anchored center serving the greater verrado …...3.25 mi east > thomas rd banner health...
TRANSCRIPT
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
Teale [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
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
• 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
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
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
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
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
D±
5,50
0 V
PD
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
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
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
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
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W Glendale Ave
S A
pach
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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
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N P
erry
ville
Rd
W Indian School Rd
W Lower Buckeye Rd
W Broadway Rd
S Sa
riva
l Ave
N C
otto
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N S
ariv
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NVerrado
Way
N C
itrus
Rd
N A
irp o
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S 19
5th
Ave
S D
ean
Rd
S W
atso
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S Ja
ckra
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