OR Tucson Place

8
Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. George C. Larsen Designated Broker Owner/Agent FOR OR OR LEASE EASE EASE Tucson Place Tucson Place Tucson Place 406 406 406-425 E. Wetmore Rd 425 E. Wetmore Rd 425 E. Wetmore Rd 4485 N. First Ave 4485 N. First Ave 4485 N. First Ave Tucson, Arizona Tucson, Arizona Tucson, Arizona NWC of First Ave. & Wetmore Rd. NWC of First Ave. & Wetmore Rd. NWC of First Ave. & Wetmore Rd. Features: Features: Features: Landmark identity Landmark identity Landmark identity Great visibility Great visibility Great visibility Premier Center Premier Center Premier Center Great signage Great signage Great signage Tucson Place tenants include: Tucson Place tenants include: Tucson Place tenants include: Wal Wal Wal-Mart, Best Buy, Office Max, Petco, Mart, Best Buy, Office Max, Petco, Mart, Best Buy, Office Max, Petco, Payless Shoes, Bealls Outlet, Payless Shoes, Bealls Outlet, Payless Shoes, Bealls Outlet, Aaron’s Rents & more! Aaron’s Rents & more! Aaron’s Rents & more! Available: Available: Available: ±3,057 SF from $20.00 PSF + NNN* ±3,057 SF from $20.00 PSF + NNN* ±3,057 SF from $20.00 PSF + NNN* ±4,367 SF from $30.00 PSF + NNN* ±4,367 SF from $30.00 PSF + NNN* ±4,367 SF from $30.00 PSF + NNN* (Former Restaurant) (Former Restaurant) (Former Restaurant) (Divisible) (Divisible) (Divisible) *NNN estimated at $4.76 In *NNN estimated at $4.76 In *NNN estimated at $4.76 In- Line Space Line Space Line Space Future Phase Up to ±4,000 SF ±4,000 SF ±4,000 SF Ground Lease or Purchase Opportunity *NNN estimated at $8.69 PAD Space *NNN estimated at $8.69 PAD Space *NNN estimated at $8.69 PAD Space For More Information Contact: Andy Seleznov, CCIM Andy Seleznov, CCIM Andy Seleznov, CCIM Melissa Lal, CCIM Melissa Lal, CCIM Melissa Lal, CCIM Elaina Elliott Elaina Elliott Elaina Elliott P: 520.296.0200 / F: 520.296.1571 6298 E. Grant Rd., Suite #100 Tucson AZ 85712 [email protected] [email protected] [email protected] www.LarsenBaker.com This Power Center, located by the Tucson Mall, is anchored by Best Buy, Wal-Mart, Office Max, Petco and others. The Tucson Mall is Southern Arizona’s largest regional mall and is anchored by Dillards, Macy’s, Sears, JC Penny and others. Major area retailers include: Babies “R” Us, Cost Plus, Jo-Ann Fabrics, Michaels, Office Depot, Pier 1 Imports, Ross Stores, Target, Lowe’s, Sports Authority, Stein Mart, Home Depot and Joann Fabrics and Toys “R” Us. Available Properties:

Transcript of OR Tucson Place

Page 1: OR Tucson Place

Information contained herein has been obtained from the owner of the property or from other sources that we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. George C. Larsen – Designated Broker – Owner/Agent

FFFOROROR LLLEASEEASEEASE

Tucson PlaceTucson PlaceTucson Place 406406406---425 E. Wetmore Rd425 E. Wetmore Rd425 E. Wetmore Rd

4485 N. First Ave4485 N. First Ave4485 N. First Ave

Tucson, ArizonaTucson, ArizonaTucson, Arizona NWC of First Ave. & Wetmore Rd.NWC of First Ave. & Wetmore Rd.NWC of First Ave. & Wetmore Rd.

Features:Features:Features:

Landmark identityLandmark identityLandmark identity

Great visibilityGreat visibilityGreat visibility

Premier CenterPremier CenterPremier Center

Great signageGreat signageGreat signage

Tucson Place tenants include: Tucson Place tenants include: Tucson Place tenants include: WalWalWal---Mart, Best Buy, Office Max, Petco,Mart, Best Buy, Office Max, Petco,Mart, Best Buy, Office Max, Petco, Payless Shoes, Bealls Outlet, Payless Shoes, Bealls Outlet, Payless Shoes, Bealls Outlet, Aaron’s Rents & more!Aaron’s Rents & more!Aaron’s Rents & more!

Available: Available: Available:

±3,057 SF from $20.00 PSF + NNN*±3,057 SF from $20.00 PSF + NNN*±3,057 SF from $20.00 PSF + NNN* ±4,367 SF from $30.00 PSF + NNN*±4,367 SF from $30.00 PSF + NNN*±4,367 SF from $30.00 PSF + NNN*

(Former Restaurant)(Former Restaurant)(Former Restaurant) (Divisible)(Divisible)(Divisible)

*NNN estimated at $4.76 In*NNN estimated at $4.76 In*NNN estimated at $4.76 In---Line SpaceLine SpaceLine Space

Future Phase Up to ±4,000 SF ±4,000 SF ±4,000 SF Ground Lease or

Purchase Opportunity *NNN estimated at $8.69 PAD Space*NNN estimated at $8.69 PAD Space*NNN estimated at $8.69 PAD Space

For More Information Contact:

Andy Seleznov, CCIMAndy Seleznov, CCIMAndy Seleznov, CCIM

Melissa Lal, CCIMMelissa Lal, CCIMMelissa Lal, CCIM

Elaina ElliottElaina ElliottElaina Elliott P: 520.296.0200 / F: 520.296.1571

6298 E. Grant Rd., Suite #100

Tucson AZ 85712

[email protected]

[email protected]

[email protected]

www.LarsenBaker.com

This Power Center, located by the Tucson Mall, is anchored by Best Buy, Wal-Mart, Office Max, Petco and others. The Tucson Mall is Southern Arizona’s largest regional mall and is anchored by Dillards, Macy’s, Sears, JC Penny and others. Major area retailers include: Babies “R” Us, Cost Plus, Jo-Ann Fabrics, Michaels, Office Depot, Pier 1 Imports, Ross Stores, Target, Lowe’s, Sports Authority, Stein Mart, Home Depot and Joann Fabrics and Toys “R” Us.

Available Properties:

Page 2: OR Tucson Place

1 Mile

Radius 3 Mile Radius

5 Mile Radius

Population 14,685 100,949 236,746

Average Household Income

$43,303 $51,839 $56,930

Number of Employees

12,777 59,771 196,885

Total Retail Expenditures

$812 Million $2.41 Billion $4.58 Billion

TRAFFIC COUNTS: 50,801 Vehicles Per Day (2015) Wetmore: 20,165 (2013) 1st Ave: 30,636 (2015)

N

Location Map

Demographics 2018 Aerial Map

Site Map

Subject

Tucson Mall

Wetmore

F

i

r

s

t

A

v

e

Page 3: OR Tucson Place

Tucson Place Shopping CenterTucson Place Shopping CenterTucson Place Shopping Center NWC of First Ave. & Wetmore Rd.NWC of First Ave. & Wetmore Rd.NWC of First Ave. & Wetmore Rd.

Tucson, ArizonaTucson, ArizonaTucson, Arizona Site PlanSite PlanSite Plan

Not To Scale Subject To Change

Wetmore Rd. (20,165 VPD 2013)

1st A

ve

. (30

,636

VP

D 2

01

5)

PAD Space

Opportunity

SH

AP

ES

AVAILABLE:

± 4,367 SF PAD

Former Restaurant

AVAILABLE:

± 3,057 SF

Page 4: OR Tucson Place

Not To Scale Subject To Change

Tucson Place Shopping CenterTucson Place Shopping CenterTucson Place Shopping Center NWC of 1st Ave. & Wetmore Rd.NWC of 1st Ave. & Wetmore Rd.NWC of 1st Ave. & Wetmore Rd.

Tucson, ArizonaTucson, ArizonaTucson, Arizona ±2,600 SF PAD Building w/ Drive Thru±2,600 SF PAD Building w/ Drive Thru±2,600 SF PAD Building w/ Drive Thru

Architectural RenderingArchitectural RenderingArchitectural Rendering

Page 5: OR Tucson Place

Not To Scale Subject To Change

S

t

o

n

e

A

v

e

O

r

a

c

l

e

R

d

TUCSON MALL

WETMORE RD

Limberlost Rd.

SUBJECT

Tucson Place Shopping CenterTucson Place Shopping CenterTucson Place Shopping Center NWC of 1st Ave. & Wetmore Rd.NWC of 1st Ave. & Wetmore Rd.NWC of 1st Ave. & Wetmore Rd.

Tucson, ArizonaTucson, ArizonaTucson, Arizona Area RetailersArea RetailersArea Retailers

F

i

r

s

t

A

v

e

Page 6: OR Tucson Place

Tucson Place Shopping Center Current Tenant List

Tenant Suite # Sq. Ft. Tenant Suite # Sq. Ft.

Instrumental Music Center G-101 2,100 Office Max K-105 24,607

Cricket Communications G-103/105 2,476 Petco BLDG. L-1 14,508

Baja Fish G-107 1,547 Best Buy Bldg. L 50,712

College Vapor G-109 2,167 Heavenly Feet J-101 1,668

Subway G-111 1,400 Air National Guard J-105 1,482

GameStop G-113 1,531 Nomico J-109 1,423

Oasis Insurance G-115 1,260 Sew Perfectly J-113 1,024

The UPS Store G-117 1,260 Ace Hardware N-101 9,895

Elegant Nails G-119 1,263 Bealls Outlet N-151 18,000

Dream Dance G-125 4,626 Liberty Tax Service F-101 1,181

Enchanted Dragon G-127 2,024 Miracle Ear F-103 1,181

Aaron Rents G-129-135 6,833 Asian Bistro F-109 2,069

Wal-Mart Bldg. M 86,922 OLLI Learning Institute F-113 5,070

AVAILABLE H-101 3,057 Batteries Plus/Jerry’s Cigars Pad A 5,732

Sally Beauty Supply H-103 1,400 Boston Market Pad B 3,000

Cost Cutters H-105 1,400 AVAILABLE—Divisible (Former Restaurant)

Pad D 4,367

Shapes Eyebrow Threading H-107 1,400 Taco Bell Pad E 2,750

Slot Machine Store H-109 1,843 Future Phase: PAD Space Ground Lease or Purchase

Famous Footwear K-101 11,422

Page 7: OR Tucson Place

Executive SummaryTucson Place Andy Seleznov, CCIM565 E Wetmore Rd, Tucson, Arizona, 85705 Latitude: 32.28813Rings: 1, 3, 5 mile radii Longitude: -110.96363

1 mile 3 miles 5 milesPopulation

2000 Population 13,114 95,760 223,8132010 Population 14,070 98,178 230,6502017 Population 14,860 101,493 237,8432022 Population 15,384 103,904 243,3002000-2010 Annual Rate 0.71% 0.25% 0.30%2010-2017 Annual Rate 0.76% 0.46% 0.42%2017-2022 Annual Rate 0.70% 0.47% 0.45%2017 Male Population 48.6% 49.4% 49.2%2017 Female Population 51.4% 50.6% 50.8%2017 Median Age 32.4 36.1 35.1

In the identified area, the current year population is 237,843. In 2010, the Census count in the area was 230,650. The rate of change since 2010 was 0.42% annually. The five-year projection for the population in the area is 243,300 representing a change of 0.45% annually from 2017 to 2022. Currently, the population is 49.2% male and 50.8% female.

Median Age

The median age in this area is 32.4, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 69.4% 71.2% 72.2%2017 Black Alone 4.4% 4.1% 4.1%2017 American Indian/Alaska Native Alone 2.4% 2.7% 2.7%2017 Asian Alone 4.6% 4.3% 4.7%2017 Pacific Islander Alone 0.2% 0.2% 0.2%2017 Other Race 14.7% 13.1% 11.8%2017 Two or More Races 4.3% 4.4% 4.4%2017 Hispanic Origin (Any Race) 35.9% 36.1% 33.3%

Persons of Hispanic origin represent 33.3% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 70.8 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 6,706 44,494 98,8032010 Households 6,900 44,475 101,5822017 Total Households 7,195 45,576 104,0262022 Total Households 7,416 46,526 106,2512000-2010 Annual Rate 0.29% 0.00% 0.28%2010-2017 Annual Rate 0.58% 0.34% 0.33%2017-2022 Annual Rate 0.61% 0.41% 0.42%2017 Average Household Size 2.06 2.20 2.19

The household count in this area has changed from 101,582 in 2010 to 104,026 in the current year, a change of 0.33% annually. The five-year projection of households is 106,251, a change of 0.42% annually from the current year total. Average household size is currently 2.19, compared to 2.17 in the year 2010. The number of families in the current year is 49,263 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

June 13, 2018

©2018 Esri Page 1 of 2

Page 8: OR Tucson Place

Executive SummaryTucson Place Andy Seleznov, CCIM565 E Wetmore Rd, Tucson, Arizona, 85705 Latitude: 32.28813Rings: 1, 3, 5 mile radii Longitude: -110.96363

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $30,228 $34,303 $37,0002022 Median Household Income $32,155 $36,893 $40,3362017-2022 Annual Rate 1.24% 1.47% 1.74%

Average Household Income

2017 Average Household Income $45,515 $54,551 $59,6992022 Average Household Income $51,755 $61,946 $67,4872017-2022 Annual Rate 2.60% 2.58% 2.48%

Per Capita Income2017 Per Capita Income $21,505 $24,884 $26,6502022 Per Capita Income $24,317 $28,109 $29,9912017-2022 Annual Rate 2.49% 2.47% 2.39%

Households by IncomeCurrent median household income is $37,000 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $40,336 in five years, compared to $62,316 for all U.S. households

Current average household income is $59,699 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $67,487 in five years, compared to $91,585 for all U.S. households

Current per capita income is $26,650 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $29,991 in five years, compared to $34,828 for all U.S. households Housing

2000 Total Housing Units 7,229 49,363 108,0632000 Owner Occupied Housing Units 2,428 20,945 47,1472000 Renter Occupied Housing Units 4,278 23,549 51,6562000 Vacant Housing Units 523 4,869 9,260

2010 Total Housing Units 7,805 50,769 114,4052010 Owner Occupied Housing Units 2,404 19,876 46,3032010 Renter Occupied Housing Units 4,496 24,599 55,2792010 Vacant Housing Units 905 6,294 12,823

2017 Total Housing Units 8,177 52,709 118,6092017 Owner Occupied Housing Units 2,221 18,319 42,7462017 Renter Occupied Housing Units 4,974 27,257 61,2802017 Vacant Housing Units 982 7,133 14,583

2022 Total Housing Units 8,446 54,067 121,7452022 Owner Occupied Housing Units 2,267 18,520 43,2032022 Renter Occupied Housing Units 5,149 28,006 63,0482022 Vacant Housing Units 1,030 7,541 15,494

Currently, 36.0% of the 118,609 housing units in the area are owner occupied; 51.7%, renter occupied; and 12.3% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 114,405 housing units in the area - 40.5% owner occupied, 48.3% renter occupied, and 11.2% vacant. The annual rate of change in housing units since 2010 is 1.62%. Median home value in the area is $205,276, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 3.86% annually to $248,066.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

June 13, 2018

©2018 Esri Page 2 of 2