OR Tucson Place
Transcript of OR Tucson Place
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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
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:
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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)
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Location Map
Demographics 2018 Aerial Map
Site Map
Subject
Tucson Mall
Wetmore
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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
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PAD Space
Opportunity
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AVAILABLE:
± 4,367 SF PAD
Former Restaurant
AVAILABLE:
± 3,057 SF
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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
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Not To Scale Subject To Change
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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
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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
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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
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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
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