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Northwest Corner of Jackrabbit Trail & Indian School Road | Buckeye, AZ Grocery-Anchored Center Serving the Greater Verrado Community Estimated 4Q 2020 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 Community … · 2019-03-28 · Grocery-Anchored Center Serving the Greater Verrado Community Estimated 4Q 2020 Opening JOIN 3131

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

Grocery-Anchored Center Serving the Greater Verrado Community

Estimated4Q 2020Opening

JOIN

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

Page 2: Grocery-Anchored Center Serving the Greater Verrado Community … · 2019-03-28 · Grocery-Anchored Center Serving the Greater Verrado Community Estimated 4Q 2020 Opening JOIN 3131

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 Community … · 2019-03-28 · Grocery-Anchored Center Serving the Greater Verrado Community Estimated 4Q 2020 Opening JOIN 3131

Conveniently Located Minutes West of Phoenix

NWC Jackrabbit Trail & Indian School Road | Buckeye, AZ

In Phoenix’s West Valley, advantages abound.For families, major attractions include a number of successful

school districts and a lower cost of living than Phoenix orother Phoenix metro-area suburbs. Phoenix’s West Valley has

also transformed into a mecca of professional sports:

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• 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

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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

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Jackrabbit Trail & Indian School Road | Buckeye, AZ

N

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

Page 7: Grocery-Anchored Center Serving the Greater Verrado Community … · 2019-03-28 · Grocery-Anchored Center Serving the Greater Verrado Community Estimated 4Q 2020 Opening JOIN 3131

AERIAL

PHOENIX COMMERCIAL ADVISORSJackrabbit Trl & Indian School Rd | Goodyear, AZ

"Complete"

"Future"

"Active"

MPC/Housing Data

LUKE AIR FORCE BASE

AGUA FRIA HIGH SCHOOL1740 STU

DESERT EDGEHIGH SCHOOL

1778 STU

DYSART HIGH SCHOOL1559 STU

LA JOYA COMMUNITY HIGH SCHOOL2226 STU

MILLENNIUM HIGH SCHOOL2206 STU

SHADOW RIDGE HIGH SCHOOL2006 STU

VALLEY VISTA HIGH SCHOOL2535 STU

ESTRELLA MOUNTAINCOMMUNITY COLLEGE

8832 STU

PRASADACACTUS POWER CENTER

SUNDANCETOWNE CENTER

BUCKEYE PARKWAY CENTER

111T

H A

VE

195T

H A

VE

BASELINE RD

CAMELBACK RD

CITR

US

RD

COTT

ON

LN

COTT

ON

LN

DYS

ART

RD

DYS

ART

RD

DYS

ART

RD

EL M

IRAG

E RD

ESTR

ELLA

PKW

Y

GLENDALE AVE

GRAND AVE

GRAND AVE

GREENWAY RD

INDIAN SCHOOL RD

JACK

RABB

IT T

RL

LITC

HFI

ELD

RD

LITC

HFI

ELD

RD

LITC

HFI

EL

D RD

MCDOWELL RD MCDOWELL RD

MIL

LER

RD

NORTHERN AVENORTHERN AVE

OLIVE AVE

PALO

VER

DE

RDPEORIA AVE

PERR

YVIL

LE R

D

ROOSEVELT ST

SALOME HWY

SARI

VAL

AVE

SUN

VA

LLEY

PKW

Y

SUNDA NCE PKWYVAN BUREN ST

VERRADO WAY

WADDELL RD

YUMA RDYUMA RD

YUMA RDYUMA RD

Estrella Fwy

State Route 801

65303

6585

6585

6585

6585

.-,10

.-,10

BUCKEYEMUNICIPALAIRPORT

PHOENIXGOODYEARAIRPORT

KING RANCH3400 UNITS

LAS PALMAS957 UNITS

SUN VALLEY SOUTH29218 UNITS

PRASADA10220 UNITS

DOUGLAS RANCH110000 UNITS

TRILLIUM WEST8500 UNITS

FARALLON902 UNITS

ARROYO SECO101 UNITS

NORTHERN LIGHTS1000 UNITS

SUN VALLEY VILLAGE41370 UNITS

ELIANTO10000 UNITS

ELIANTO WEST3661 UNITS

PHOENIX SKYLINE WEST0 UNITS

WESTWIND0 UNITS

CAPRIANI7500 UNITS

LAS BRISAS660 UNITS

WOOLF CROSSING656 UNITS

LUKE RANCH ESTATES38 UNITS

SIENNA HILLS634 UNITS

HASSAYAMPA RANCH5707 UNITS

SUPRISE POINTE0 UNITS

BELMONT78370 UNITS

OAK PARK54 UNITS

SAN VILLAGIO34 UNITS

DIAMOND P RANCH589 UNITS

FLEMING FARMS147 UNITS

ROOSEVELT PARK II462 UNITS

HILLCREST709 UNITS

AVONDALE BLVD (TBD)355 UNITS

ACOMA COURT117 UNITS

SAVANNAH

NORTHWEST RANCH

COUNTRYSIDE

MOUNTAIN GATE

JACKRABBITESTATES

Christ’sChurchof theValley

Sub-Zero/Wolf Appliances550

AbrazoWest Campus

960

UPS550

Amazon.com500

CancerTreatment Centers of America

750

PUEBLO VERDE241 UNITS

BLUE HORIZONS2225 UNITS

CANYON TRAILS9000 UNITS

VISTA DE MONTANA1100 UNITS

SARIVAL VILLAGE1210 UNITS

SARIVAL GARDENS160 UNITS

RIO PASEO700 UNITS

PALM VALLEY21450 UNITS

PARKSIDE @ BUCKEYE214 UNITS

BLUE HILLS440 UNITS

MILLER MANOR265 UNITS

ESTRELLA MOUNTAIN RANCH65425 UNITS

WESTPARK2379 UNITS

RANCHO VISTA373 UNITS

ESTRELLA VISTA535 UNITS

TARTESSO9582 UNITS

MARLEY PARK3782 UNITS

GREER RANCH1664 UNITS

VILLAGES AT SURPRISE FARMS7003 UNITS

SIERRA MONTANA2675 UNITS

WHITE TANK FOOTHILLS1310 UNITS

CORTESSA1700 UNITS

WATSON ESTATES868 UNITS

PASQUALETTI MTN RANCH321 UNITS

CAMELBACKRANCH

1225 UNITS

MOUNTAINSIDE960 UNITS

MILLER PARK96 UNITS

SONORAN RIDGE ESTATES111 UNITS

SEDELLA500 UNITS

SYCAMORE FARMS2370 UNITS

TWELVE OAKS ESTATES116 UNITS

VALENCIA848 UNITS

DEL RIO RANCH780 UNITS

CRYSTAL VISTA311 UNITS

PEBBLECREEK GOLF RESORT6448 UNITS

MISC CUSTOM0 UNITS SONORAN VISTA

543 UNITS

SUNDANCE0 UNITS

SIENNA HILLS1108 UNITS

WIGWAM CREEK3200 UNITS

MOUNTAIN VISTA RANCH2054 UNITS

THE ORCHARDS585 UNITS

LEGACY PARC1006 UNITS

COTTON GIN209 UNITS

ROYAL RANCH1189 UNITS

SIERRA VERDE950 UNITS

LITCHFIELD MANOR1158 UNITS

RACHO GABRIELA2329 UNITS

VERAMONTE350 UNITS

KENLY FARMS200 UNITS

VERRADO14080 UNITS

CANTADA RANCH251 UNITS

ROOSEVELT PARK481 UNITS

VISTA DEL VERDE379 UNITS

TRADE AREA DEMOGRAPHICS & METROSTUDY OVERVIEW

2016 Estimates Trade Area

Population: 95,758

Med HH Income: $70,645

Households: 33,941

Daytime Demographics

Daytime Population: N/A

Total Employees: 11,171

Total Businesses: 1,232

METROSTUDY | Q2 2017Data Reflects Previous 4 Quarters Trade Area

Quarter Starts: 461

Quarter Closings: 459

Annual Starts: 1,748

Annual Closings: 1,592

Available Lots: 4,096

Models: 91

In Const. 503

Finished Vacant: 387

Occupied: 8,538

Future: 39,402

Totals: 53,017

TRADE AREA

Jackrabbit Trail & Indian School Road | Buckeye, AZ

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

PLANNED

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DOWNTOWN GILBERT

AERIAL

PHOENIX COMMERCIAL ADVISORSGilbert Rd & Vaughn Ave | GILBERT, AZ

VERRADO HIGH SCHOOL1911 STU

195T

H A

INDIAN SCHOOL RD

JACK

RABB

IT T

RL

197T

H L

N

199T

H A

VE

201S

T AV

E

201S

T LN

197T

H A

AMELIA AVE ±5,5

00 V

PD

±7,000 VPD ±4,142 VPD

FutrueTra�c Light

FutrueTra�c Light

Jackrabbit Trail & Indian School Road | Buckeye, AZ

N

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

PLANNED

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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

Jackrabbit Trail & Indian School Road | Buckeye, AZ

NEXISTING

TRAFFIC LIGHT

FUTURETRAFFIC LIGHT

FUTURETRAFFIC LIGHT

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

PLANNED

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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

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

AT LEASE

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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, AZJackrabbit Trail & Indian School Road | Buckeye, AZ

This map was produced using data from private and governmental sources deemed to be reliable. The information is provided without representation or warranty.

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Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022 Esri converted Census 2000 data into 2010 geography.

TRADE AREA DEMOGRAPHICS

NWC Jackrabbit Trail & Indian School Road | Buckeye, AZ

Population Summary2017 Total Population 101,531

2022 Total Population 119,708

2017-2022 Annual Rate 3.35%

2017 Daytime Population 67,890

Workers 13,728

Residents 54,162

Household Summary2017 Households 31,097

2022 Households 36,929

Average Household Income2017 Average Household Income $85,915

2022 Average Household Income $97,329

Median Household Income2017 Median Household Income $71,179

2022 Median Household Income $77,867

2017 Households By IncomeHousehold Income Base 31,097

<$15,000 5.7%

$15,000 - $24,999 6.2%

$25,000 - $34,999 6.8%

$35,000 - $49,999 12.9%

$50,000 - $74,999 20.7%

$75,000 - $99,999 18.4%

$100,000 - $149,999 18.3%

$150,000 - $199,999 6.3%

$200,000+ 4.8%

Median Age2017 33.8

2022 33.5

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

irp o

rt R

d

S 19

5th

Ave

S D

ean

Rd

S W

atso

n R

d

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