retail Division Lease sHoPPiNG CeNTer DeVeLoPmeNT · PDF fileOwner Occupied Housing Units...

Retail: Retail: Office: Office: Cassidy Turley Retail Division 1000 Aviara Parkway, Suite 100 Carlsbad, CA 92011 cassidyturley.com/sandiego

Chad Iafrate, CCIM 760.431.4234 [email protected] Lic. 01484290

Bruce Schiff, CCIM 760.431.4207 [email protected] Lic. 01232733

Andy Melzer 760.431.4205 [email protected] Lic. 00865688

Mary-Kay Bier - Lee & Associates760.929.7846 [email protected] Lic. 01406206

Retail Divisionfo

r LEASE Shopping cEntEr DEVELopMEnt AVAiLAbLESwc nEwport roAD & hAun roAD, MEnifEE cALiforniA

this proposed 170,000+ Sf entertainment and destination shopping center development will be the cornerstone of the Menifee town center Specific plan. the Specific plan is designed to create a landmark activity center featuring retail, commercial, residential and civic uses in the heart of Menifee, which is one of the fastest growing communities in california. over 115,000 residential units are planned and in different stages of development within the trade Area. At full build out, the trade Area is projected to have over 500,000 people. Some of the key employment generators who have already committed to the town center Development, will be Menifee city hall, the riverside county courthouse and the Santa rosa Academy. this site is strategically located just west of the 215 freeway on newport road and offers excellent accessibility to the surrounding residential communities of Menifee Valley, Sun city, Quail Valley, canyon Lake and portions of romoland.

•i-215: 84,000 ADt•newport road: 48,500 ADt

For Lease

Property Highlights:

Demographics:

Traffic Counts:

Nearby Tenants:

±170,000 sF

1 miLe 3 miLes 5 miLes

pop (2012) 10,055 61,445 109,228

Avg. hh income $65,533 $68,358 $72,180

Daytime Employees 2,897 9,501 16,778

menifee

City Hall

riverside

County

Courthousemulti-Family

Unitssanta rosa

academy

HOMEMORTGAGE

subject

Property

retail

sUBJeCT






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Location map

DISCLAIMER: This drawing is for general information purposes only. Any and all features, matters and other information depicted hereon or contained herein are for illustrative marketing purposes only, are subject to modification without notice, are not intended to be relied upon by any party and are not intended to constitute representations and warranties as to the size and nature of improvements to be constructed (or that any improvements will be constructed) or as to the identity or nature of any occupants thereof.

The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verified prior to purchase or lease. K:\_Retail Packages\Menifee Town Center\Flyers\menifee-town-center_flyer.indd

MENIFEE TOWN CENTER | MENIFEE, CAExclusive Offering Memorandum

Corona

RiversideEastvale

Chino Hills

Chino

Ontario

Rancho Cucamonga Fontana

Rialto

Jurupa

Lake Elsinore

Temecula

Menifee

French Valley

Winchester

Moreno Valley

Perris

San Bernardino

Redlands

Beaumont

Banning

San Jacinto

Hemet

Murrieta

Property OverviewREGIONAL LOCATION MAP

13 |

SUBJECTMenifee, CA






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sample site Plan

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THeaTer DeaL PeNDiNG

sample site Plan

IN ESCROW

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Multi-FamilyResidential

100,000 SFNeighborhoodCenter

MovieTheaterRestaurants Shops

Regional CountyCourthouse

MenifeeCityHall

19 18 17 16

Santa RosaAcademy

Property overview | Tentative Parcel map

Medical restaurant

retail






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aerial

The Farm1,437 UnitsThe Farm

1,437 Units

30 Units30 Units

76 Units76 Units

Menifee ValleyRanch

4,063 Units

Menifee ValleyRanch

4,063 Units

Menifee ValleyTown Center1,147 Units

Menifee ValleyTown Center1,147 Units

Glenhurst488 UnitsGlenhurst488 Units

Echo Ridge115 Units

Echo Ridge115 Units

630 Units630 Units

175 Units175 Units

Ashton Hills168Units

Ashton Hills168Units

Lakes at Menifee988 Units

Lakes at Menifee988 Units

Nautical Cove242 Units

Nautical Cove242 Units

Menifee Heights411 Units

Menifee Heights411 Units193 Units193 Units

197 Units197 Units

126 Units126 Units

469 Units469 Units

116 Units116 Units

189 Units189 Units

95 Units95 Units

Cimmaron Valley537 Units

Cimmaron Valley537 Units

494 Units494 Units

229 Units229 Units

Canyon Cove460 Units

Canyon Cove460 Units

Audie Murphy Ranch2,137 Units

Audie Murphy Ranch2,137 Units

Pacific Palms856 Units

Pacific Palms856 Units

174 Units174 Units

SITESITE

1,100 Units1,100 Units144 Units144 Units350 Units350 Units






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Demographic and Income ProfileNewport & Haun29955 Haun Rd, Menifee, California, 92586 Latitude: 33.68524Ring: 1 mile radius Longitude: -117.17633

Summary Census 2010 2013 2018Population 9,647 10,055 11,164Households 3,751 3,852 4,209Families 2,684 2,746 3,004Average Household Size 2.57 2.61 2.65Owner Occupied Housing Units 2,822 2,828 3,120Renter Occupied Housing Units 929 1,025 1,089Median Age 40.3 40.5 39.3

Trends: 2013 - 2018 Annual Rate Area State NationalPopulation 2.11% 0.78% 0.71%Households 1.79% 0.77% 0.74%Families 1.81% 0.76% 0.63%Owner HHs 1.98% 1.07% 0.94%Median Household Income 2.89% 3.66% 3.03%

2013 2018 Households by Income Number Percent Number Percent

<$15,000 313 8.1% 325 7.7%$15,000 - $24,999 409 10.6% 335 8.0%$25,000 - $34,999 600 15.6% 579 13.8%$35,000 - $49,999 496 12.9% 538 12.8%$50,000 - $74,999 701 18.2% 631 15.0%$75,000 - $99,999 631 16.4% 844 20.1%$100,000 - $149,999 526 13.7% 704 16.7%$150,000 - $199,999 129 3.3% 191 4.5%$200,000+ 47 1.2% 61 1.4%

Median Household Income $52,687 $60,760Average Household Income $65,533 $73,269Per Capita Income $24,053 $26,443

Census 2010 2013 2018 Population by Age Number Percent Number Percent Number Percent

0 - 4 579 6.0% 602 6.0% 696 6.2%5 - 9 606 6.3% 606 6.0% 678 6.1%10 - 14 709 7.4% 649 6.5% 682 6.1%15 - 19 706 7.3% 649 6.5% 607 5.4%20 - 24 606 6.3% 646 6.4% 571 5.1%25 - 34 1,033 10.7% 1,310 13.0% 1,749 15.7%35 - 44 1,128 11.7% 1,084 10.8% 1,250 11.2%45 - 54 1,231 12.8% 1,241 12.3% 1,189 10.7%55 - 64 1,002 10.4% 1,092 10.9% 1,340 12.0%65 - 74 1,069 11.1% 1,097 10.9% 1,231 11.0%75 - 84 729 7.6% 786 7.8% 844 7.6%

85+ 248 2.6% 291 2.9% 326 2.9%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 7,405 76.8% 7,568 75.3% 8,118 72.7%Black Alone 438 4.5% 461 4.6% 527 4.7%American Indian Alone 50 0.5% 53 0.5% 59 0.5%Asian Alone 397 4.1% 427 4.2% 526 4.7%Pacific Islander Alone 26 0.3% 27 0.3% 31 0.3%Some Other Race Alone 863 8.9% 992 9.9% 1,252 11.2%Two or More Races 468 4.9% 528 5.3% 649 5.8%

Hispanic Origin (Any Race) 2,589 26.8% 2,954 29.4% 3,766 33.7%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018.

April 30, 2014

©2013 Esri Page 1 of 6

Demographic and Income ProfileNewport & Haun29955 Haun Rd, Menifee, California, 92586 Latitude: 33.68524Ring: 3 miles radius Longitude: -117.17633

Summary Census 2010 2013 2018Population 56,830 61,445 68,852Households 20,756 21,988 24,244Families 14,586 15,503 17,153Average Household Size 2.73 2.79 2.84Owner Occupied Housing Units 15,883 16,449 18,358Renter Occupied Housing Units 4,873 5,539 5,885Median Age 38.8 38.9 38.5



<$15,000 2,284 10.4% 2,455 10.1%$15,000 - $24,999 2,539 11.5% 2,181 9.0%$25,000 - $34,999 2,535 11.5% 2,528 10.4%$35,000 - $49,999 2,991 13.6% 3,028 12.5%$50,000 - $74,999 3,806 17.3% 3,446 14.2%$75,000 - $99,999 3,082 14.0% 4,143 17.1%$100,000 - $149,999 3,357 15.3% 4,511 18.6%$150,000 - $199,999 1,002 4.6% 1,441 5.9%$200,000+ 392 1.8% 512 2.1%



0 - 4 3,806 6.7% 4,146 6.7% 4,810 7.0%5 - 9 3,924 6.9% 4,100 6.7% 4,605 6.7%10 - 14 4,188 7.4% 4,210 6.9% 4,559 6.6%15 - 19 3,989 7.0% 3,920 6.4% 3,921 5.7%20 - 24 3,120 5.5% 3,730 6.1% 3,524 5.1%25 - 34 6,676 11.7% 7,825 12.7% 9,845 14.3%35 - 44 6,985 12.3% 7,288 11.9% 8,296 12.0%45 - 54 6,846 12.0% 7,148 11.6% 7,137 10.4%55 - 64 6,039 10.6% 6,796 11.1% 7,758 11.3%65 - 74 5,582 9.8% 6,186 10.1% 7,658 11.1%75 - 84 4,134 7.3% 4,310 7.0% 4,773 6.9%

85+ 1,540 2.7% 1,786 2.9% 1,966 2.9%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 41,093 72.3% 43,323 70.5% 46,684 67.8%Black Alone 3,170 5.6% 3,458 5.6% 3,940 5.7%American Indian Alone 438 0.8% 484 0.8% 559 0.8%Asian Alone 3,149 5.5% 3,583 5.8% 4,454 6.5%Pacific Islander Alone 234 0.4% 259 0.4% 311 0.5%Some Other Race Alone 5,881 10.3% 6,993 11.4% 8,797 12.8%Two or More Races 2,864 5.0% 3,345 5.4% 4,106 6.0%



April 30, 2014


Demographics






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Demographic and Income ProfileNewport & Haun29955 Haun Rd, Menifee, California, 92586 Latitude: 33.68524Ring: 5 miles radius Longitude: -117.17633

Summary Census 2010 2013 2018Population 101,718 109,228 121,570Households 35,052 36,975 40,587Families 25,537 26,980 29,673Average Household Size 2.90 2.95 2.99Owner Occupied Housing Units 27,000 27,820 30,876Renter Occupied Housing Units 8,052 9,155 9,712Median Age 36.8 37.0 37.1



<$15,000 3,353 9.1% 3,555 8.8%$15,000 - $24,999 3,828 10.4% 3,246 8.0%$25,000 - $34,999 3,934 10.6% 3,898 9.6%$35,000 - $49,999 5,181 14.0% 5,125 12.6%$50,000 - $74,999 6,505 17.6% 5,848 14.4%$75,000 - $99,999 5,412 14.6% 7,213 17.8%$100,000 - $149,999 6,190 16.7% 8,141 20.1%$150,000 - $199,999 1,770 4.8% 2,519 6.2%$200,000+ 803 2.2% 1,042 2.6%



0 - 4 7,307 7.2% 7,840 7.2% 8,958 7.4%5 - 9 7,556 7.4% 7,843 7.2% 8,701 7.2%10 - 14 7,805 7.7% 7,944 7.3% 8,662 7.1%15 - 19 7,360 7.2% 7,272 6.7% 7,452 6.1%20 - 24 5,763 5.7% 6,720 6.2% 6,405 5.3%25 - 34 12,657 12.4% 14,326 13.1% 17,065 14.0%35 - 44 13,173 13.0% 13,695 12.5% 15,518 12.8%45 - 54 12,807 12.6% 13,271 12.1% 13,400 11.0%55 - 64 10,251 10.1% 11,760 10.8% 13,594 11.2%65 - 74 8,521 8.4% 9,515 8.7% 11,893 9.8%75 - 84 6,106 6.0% 6,325 5.8% 6,995 5.8%

85+ 2,412 2.4% 2,718 2.5% 2,926 2.4%Census 2010 2013 2018

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 72,683 71.5% 76,188 69.8% 81,628 67.1%Black Alone 5,104 5.0% 5,542 5.1% 6,269 5.2%American Indian Alone 816 0.8% 894 0.8% 1,022 0.8%Asian Alone 5,298 5.2% 5,969 5.5% 7,345 6.0%Pacific Islander Alone 393 0.4% 430 0.4% 508 0.4%Some Other Race Alone 12,382 12.2% 14,395 13.2% 17,736 14.6%Two or More Races 5,042 5.0% 5,810 5.3% 7,061 5.8%



April 30, 2014


Demographics (cont.)

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