Gateway Pavilions - LoopNet

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. [42] NOV 18, 2014

Gateway PavilionsPad Available

Lance Umble602-734-7206

[email protected]

Torrey Briegel602-734-7219

[email protected]

NWC 99th Ave & McDowell Rd | Avondale, AZ

FORSALE

3131 East Camelback Road, Suite 340Phoenix, Arizona 85016Phone: 602-957-9800 Fax: 602-957-0889www.phoenixcommercialadvisors.com

PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S

®

CH

INA

BU

FFET

GATEWAYPAVILIONSNorthwest Corner of99th Avenue & McDowell RoadAvondale, Arizona

For further information please contact:

Torrey Briegel: 602-734-7219Lance Umble: 602-734-7206

PHOENIX COMMERCIAL ADVISORSC O M M E R C I A L R E A L E S T A T E S E R V I C E S

3131 East Camelback Road, Suite 340Phoenix, Arizona 85016Phone: 602-957-9800 Fax: 602-957-0889www.phoenixcommercialadvisors.com

PLANNED

Demographic Source: Applied Geographic Solutions 08/2014, TIGER Geography page 1 of 5©2014, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2014 Estimates with 2019 Projections

Calculated using Proportional Block Groups

Lat/Lon: 33.4648/-112.2725RF5

99th Ave & McDowell Rd1 Mile 2 Miles 3 Miles 5 Miles

Avondale, AZ

Population

Estimated Population (2014) 9,630 38,395 101,700 279,718

Projected Population (2019) 10,192 40,634 107,625 295,996

Census Population (2010) 9,199 36,676 97,144 267,191

Census Population (2000) 2,082 19,949 56,193 166,015

Projected Annual Growth (2014 to 2019) 561 1.2% 2,239 1.2% 5,925 1.2% 16,279 1.2%

Historical Annual Growth (2010 to 2014) 431 1.2% 1,719 1.2% 4,556 1.2% 12,526 1.2%

Historical Annual Growth (2000 to 2010) 7,117 34.2% 16,727 8.4% 40,951 7.3% 101,176 6.1%

Estimated Population Density (2014) 3,068 psm 3,058 psm 3,598 psm 3,564 psm

Trade Area Size 3.14 sq mi 12.56 sq mi 28.26 sq mi 78.49 sq mi

Households

Estimated Households (2014) 3,170 11,613 30,600 81,081

Projected Households (2019) 3,343 12,247 32,270 85,504

Census Households (2010) 3,000 10,993 28,966 76,749

Census Households (2000) 603 5,922 16,646 48,261

Estimated Households with Children (2014) 1,548 48.8% 6,059 52.2% 16,103 52.6% 44,786 55.2%

Estimated Average Household Size (2014) 3.04 3.30 3.32 3.45

Average Household Income

Estimated Average Household Income (2014) $61,720 $63,637 $62,097 $59,366

Projected Average Household Income (2019) $66,577 $68,571 $66,919 $63,979

Estimated Average Family Income (2014) $70,667 $68,075 $65,551 $62,488

Median Household Income

Estimated Median Household Income (2014) $55,669 $59,475 $57,422 $54,662

Projected Median Household Income (2019) $60,265 $64,296 $62,002 $59,099

Estimated Median Family Income (2014) $63,560 $63,399 $60,906 $58,183

Per Capita Income

Estimated Per Capita Income (2014) $20,322 $19,256 $18,689 $17,218

Projected Per Capita Income (2019) $21,842 $20,675 $20,070 $18,492

Estimated Per Capita income 5 Year Growth $1,520 7.5% $1,420 7.4% $1,381 7.4% $1,273 7.4%

Estimated Average Household Net Worth (2014) $360,854 $368,738 $357,095 $350,766

Daytime Demos (2014)

Total Businesses 455 1,149 2,239 5,499

Total Employees 5,869 18,640 33,611 69,723

Company Headquarter Businesses - - 1 0.1% 5 0.2% 18 0.3%

Company Headquarter Employees - - 450 2.4% 1,063 3.2% 3,231 4.6%

Employee Population per Business 12.9 16.2 15.0 12.7

Residential Population per Business 21.2 33.4 45.4 50.9


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Lat/Lon: 33.4648/-112.2725RF5


Avondale, AZ

Race & EthnicityWhite (2014) 5,020 52.1% 20,800 54.2% 55,512 54.6% 153,695 54.9%

Black or African American (2014) 1,036 10.8% 3,462 9.0% 8,699 8.6% 21,873 7.8%

American Indian or Alaska Native (2014) 206 2.1% 736 1.9% 1,756 1.7% 5,002 1.8%

Asian (2014) 357 3.7% 1,303 3.4% 3,033 3.0% 7,290 2.6%

Hawaiian or Pacific Islander (2014) 39 0.4% 91 0.2% 220 0.2% 582 0.2%

Other Race (2014) 2,440 25.3% 10,325 26.9% 28,066 27.6% 79,450 28.4%

Two or More Races (2014) 533 5.5% 1,680 4.4% 4,413 4.3% 11,826 4.2%

Not Hispanic or Latino Population (2014) 3,889 40.4% 14,800 38.5% 39,418 38.8% 100,407 35.9%

Hispanic or Latino Population (2014) 5,742 59.6% 23,595 61.5% 62,282 61.2% 179,310 64.1%





Not Hispanic or Latino Population (2000) 602 28.9% 10,494 52.6% 31,281 55.7% 84,004 50.6%


Projected Hispanic Annual Growth (2014 to 2019) 621 2.2% 2,548 2.2% 6,723 2.2% 19,347 2.2%

Historic Hispanic Annual Growth (2000 to 2014) 4,262 20.6% 14,141 10.7% 37,371 10.7% 97,299 8.5%

Age Distribution (2014)Age Under 5 863 9.0% 3,264 8.5% 8,996 8.8% 26,109 9.3%

Age 5 to 9 Years 887 9.2% 3,427 8.9% 9,157 9.0% 26,046 9.3%

Age 10 to 14 Years 838 8.7% 3,439 9.0% 9,137 9.0% 25,686 9.2%

Age 15 to 19 Years 831 8.6% 3,336 8.7% 8,565 8.4% 24,014 8.6%

Age 20 to 24 Years 994 10.3% 3,343 8.7% 8,680 8.5% 23,162 8.3%

Age 25 to 29 Years 912 9.5% 3,021 7.9% 8,361 8.2% 22,183 7.9%

Age 30 to 34 Years 845 8.8% 2,995 7.8% 8,115 8.0% 22,347 8.0%

Age 35 to 39 Years 715 7.4% 2,799 7.3% 7,330 7.2% 20,328 7.3%

Age 40 to 44 Years 627 6.5% 2,640 6.9% 6,815 6.7% 18,790 6.7%

Age 45 to 49 Years 495 5.1% 2,281 5.9% 6,050 5.9% 16,358 5.8%

Age 50 to 54 Years 449 4.7% 2,156 5.6% 5,561 5.5% 14,811 5.3%

Age 55 to 59 Years 356 3.7% 1,716 4.5% 4,603 4.5% 12,284 4.4%

Age 60 to 64 Years 277 2.9% 1,409 3.7% 3,637 3.6% 9,586 3.4%

Age 65 to 74 Years 333 3.5% 1,649 4.3% 4,390 4.3% 11,726 4.2%

Age 75 to 84 Years 149 1.5% 683 1.8% 1,745 1.7% 4,708 1.7%

Age 85 Years or Over 61 0.6% 239 0.6% 560 0.6% 1,579 0.6%

Median Age 26.7 28.6 28.3 27.8

Gender Age Distribution (2014)Female Population 4,885 50.7% 19,477 50.7% 51,512 50.7% 141,221 50.5%

Age 0 to 19 Years 1,665 34.1% 6,567 33.7% 17,625 34.2% 50,060 35.4%

Age 20 to 64 Years 2,902 59.4% 11,483 59.0% 30,244 58.7% 81,354 57.6%

Age 65 Years or Over 317 6.5% 1,427 7.3% 3,643 7.1% 9,807 6.9%

Female Median Age 27.7 29.6 29.1 28.5

Male Population 4,746 49.3% 18,918 49.3% 50,188 49.3% 138,497 49.5%

Age 0 to 19 Years 1,754 37.0% 6,899 36.5% 18,230 36.3% 51,795 37.4%

Age 20 to 64 Years 2,767 58.3% 10,876 57.5% 28,906 57.6% 78,495 56.7%

Age 65 Years or Over 225 4.7% 1,144 6.0% 3,052 6.1% 8,206 5.9%

Male Median Age 25.8 27.5 27.6 27.2


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Lat/Lon: 33.4648/-112.2725RF5


Avondale, AZ

Household Income Distribution (2014)HH Income $200,000 or More 68 2.1% 235 2.0% 555 1.8% 1,371 1.7%

HH Income $150,000 to $199,999 152 4.8% 486 4.2% 1,210 4.0% 2,803 3.5%

HH Income $100,000 to $149,999 323 10.2% 1,534 13.2% 3,700 12.1% 9,334 11.5%

HH Income $75,000 to $99,999 390 12.3% 1,671 14.4% 4,347 14.2% 10,647 13.1%

HH Income $50,000 to $74,999 767 24.2% 2,646 22.8% 6,784 22.2% 18,207 22.5%

HH Income $35,000 to $49,999 585 18.5% 1,932 16.6% 5,520 18.0% 13,561 16.7%

HH Income $25,000 to $34,999 422 13.3% 1,278 11.0% 3,476 11.4% 9,938 12.3%

HH Income $15,000 to $24,999 238 7.5% 876 7.5% 2,479 8.1% 8,337 10.3%

HH Income Under $15,000 226 7.1% 955 8.2% 2,529 8.3% 6,883 8.5%

HH Income $35,000 or More 2,285 72.1% 8,503 73.2% 22,116 72.3% 55,923 69.0%

HH Income $75,000 or More 932 29.4% 3,926 33.8% 9,812 32.1% 24,155 29.8%

Housing (2014)Total Housing Units 3,469 12,570 33,839 89,790

Housing Units Occupied 3,170 91.4% 11,613 92.4% 30,600 90.4% 81,081 90.3%

Housing Units Owner-Occupied 1,266 39.9% 6,925 59.6% 18,785 61.4% 49,706 61.3%

Housing Units, Renter-Occupied 1,904 60.1% 4,687 40.4% 11,815 38.6% 31,375 38.7%

Housing Units, Vacant 299 8.6% 957 7.6% 3,239 9.6% 8,709 9.7%

Marital Status (2014)Never Married 3,036 43.1% 10,617 37.6% 26,566 35.7% 74,105 36.7%

Currently Married 2,824 40.1% 12,348 43.7% 33,127 44.5% 88,565 43.9%

Separated 396 5.6% 1,636 5.8% 4,501 6.0% 12,635 6.3%

Widowed 162 2.3% 736 2.6% 2,168 2.9% 6,412 3.2%

Divorced 625 8.9% 2,929 10.4% 8,049 10.8% 20,160 10.0%

Household Type (2014)Population Family 7,927 82.3% 33,245 86.6% 88,065 86.6% 244,399 87.4%

Population Non-Family 1,698 17.6% 5,122 13.3% 13,594 13.4% 34,975 12.5%

Population Group Quarters 5 0.1% 29 0.1% 41 - 343 0.1%

Family Households 2,188 69.0% 9,026 77.7% 23,758 77.6% 64,358 79.4%

Non-Family Households 982 31.0% 2,587 22.3% 6,842 22.4% 16,723 20.6%

Married Couple with Children 835 29.6% 3,616 29.3% 9,603 29.0% 27,088 30.6%

Average Family Household Size 3.6 3.7 3.7 3.8

Household Size (2014)1 Person Households 697 22.0% 1,811 15.6% 4,809 15.7% 11,792 14.5%

2 Person Households 796 25.1% 2,889 24.9% 7,496 24.5% 18,698 23.1%




6 or More Person Households 322 10.1% 1,407 12.1% 3,823 12.5% 11,314 14.0%

Household Vehicles (2014)Households with 0 Vehicles Available 102 3.2% 394 3.4% 1,121 3.7% 3,450 4.3%

Households with 1 Vehicles Available 1,204 38.0% 3,755 32.3% 9,918 32.4% 27,949 34.5%

Households with 2 or More Vehicles Available 1,864 58.8% 7,464 64.3% 19,561 63.9% 49,683 61.3%

Total Vehicles Available 5,857 22,439 57,635 149,136

Average Vehicles Per Household 1.8 1.9 1.9 1.8


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Lat/Lon: 33.4648/-112.2725RF5


Avondale, AZ

Labor Force (2014)Estimated Labor Population Age 16 Years or Over 6,896 27,583 72,660 196,829Estimated Civilian Employed 4,359 63.2% 17,432 63.2% 45,773 63.0% 122,591 62.3%

Estimated Civilian Unemployed 463 6.7% 1,738 6.3% 4,302 5.9% 10,941 5.6%

Estimated in Armed Forces 7 0.1% 35 0.1% 198 0.3% 496 0.3%

Estimated Not in Labor Force 2,067 30.0% 8,378 30.4% 22,388 30.8% 62,801 31.9%

Unemployment Rate 6.7% 6.3% 5.9% 5.6%

Occupation (2010)Occupation: Population Age 16 Years or Over 3,992 15,921 41,684 109,387Management, Business, Financial Operations 419 10.5% 1,631 10.2% 4,458 10.7% 11,486 10.5%

Professional, Related 802 20.1% 2,814 17.7% 6,997 16.8% 17,008 15.5%

Service 792 19.8% 2,956 18.6% 7,609 18.3% 21,397 19.6%

Sales, Office 1,088 27.3% 4,933 31.0% 12,219 29.3% 30,124 27.5%

Farming, Fishing, Forestry 18 0.4% 34 0.2% 94 0.2% 435 0.4%

Construct, Extraction, Maintenance 302 7.6% 1,448 9.1% 4,218 10.1% 12,484 11.4%

Production, Transport Material Moving 571 14.3% 2,105 13.2% 6,090 14.6% 16,453 15.0%

White Collar Workers 2,310 57.9% 9,378 58.9% 23,674 56.8% 58,617 53.6%

Blue Collar Workers 1,682 42.1% 6,543 41.1% 18,010 43.2% 50,769 46.4%

Consumer Expenditure (2014)Total Household Expenditure $160 M $597 M $1.54 B $3.97 B

Total Non-Retail Expenditure $92.1 M 57.7% $345 M 57.8% $891 M 57.7% $2.29 B 57.7%

Total Retail Expenditure $67.5 M 42.3% $252 M 42.2% $653 M 42.3% $1.68 B 42.3%

Apparel $7.78 M 4.9% $29.0 M 4.9% $74.9 M 4.8% $193 M 4.9%

Contributions $5.73 M 3.6% $21.3 M 3.6% $54.9 M 3.6% $139 M 3.5%

Education $3.78 M 2.4% $14.1 M 2.4% $36.2 M 2.3% $91.9 M 2.3%

Entertainment $8.90 M 5.6% $33.3 M 5.6% $86.2 M 5.6% $221 M 5.6%

Food and Beverages $24.8 M 15.5% $92.3 M 15.5% $239 M 15.5% $617 M 15.6%

Furnishings and Equipment $6.88 M 4.3% $26.0 M 4.4% $67.0 M 4.3% $171 M 4.3%

Gifts $4.11 M 2.6% $15.4 M 2.6% $39.5 M 2.6% $100 M 2.5%

Health Care $9.67 M 6.1% $35.9 M 6.0% $93.5 M 6.1% $241 M 6.1%

Household Operations $5.64 M 3.5% $21.3 M 3.6% $54.7 M 3.5% $140 M 3.5%

Miscellaneous Expenses $2.65 M 1.7% $9.88 M 1.7% $25.6 M 1.7% $66.0 M 1.7%

Personal Care $2.33 M 1.5% $8.67 M 1.5% $22.4 M 1.5% $57.7 M 1.5%

Personal Insurance $1.61 M 1.0% $6.04 M 1.0% $15.5 M 1.0% $39.6 M 1.0%

Reading $521 K 0.3% $1.93 M 0.3% $4.99 M 0.3% $12.8 M 0.3%

Shelter $30.6 M 19.1% $115 M 19.2% $296 M 19.2% $761 M 19.2%

Tobacco $1.06 M 0.7% $3.91 M 0.7% $10.2 M 0.7% $26.7 M 0.7%

Transportation $32.3 M 20.2% $121 M 20.3% $314 M 20.3% $806 M 20.3%

Utilities $11.4 M 7.1% $42.1 M 7.0% $109 M 7.1% $282 M 7.1%

Educational Attainment (2014)Adult Population Age 25 Years or Over 5,214 21,568 57,139 154,422Elementary (Grade Level 0 to 8) 531 10.2% 2,515 11.7% 6,948 12.2% 19,490 12.6%

Some High School (Grade Level 9 to 11) 507 9.7% 2,275 10.5% 7,268 12.7% 21,061 13.6%

High School Graduate 1,283 24.6% 5,759 26.7% 15,755 27.6% 44,742 29.0%

Some College 1,484 28.5% 5,799 26.9% 13,959 24.4% 35,413 22.9%

Associate Degree Only 434 8.3% 1,895 8.8% 4,399 7.7% 10,907 7.1%

Bachelor Degree Only 756 14.5% 2,247 10.4% 5,978 10.5% 16,217 10.5%

Graduate Degree 218 4.2% 1,077 5.0% 2,832 5.0% 6,592 4.3%


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Lat/Lon: 33.4648/-112.2725RF5


Avondale, AZ

Units In Structure (2010)1 Detached Unit 1,888 62.9% 8,867 80.7% 22,990 79.4% 59,538 77.6%

1 Attached Unit 17 0.6% 201 1.8% 571 2.0% 1,893 2.5%

2 to 4 Units 160 5.3% 325 3.0% 688 2.4% 2,007 2.6%

5 to 9 Units 402 13.4% 601 5.5% 1,704 5.9% 4,161 5.4%

10 to 19 Units 178 5.9% 332 3.0% 1,038 3.6% 3,003 3.9%

20 to 49 Units 94 3.1% 139 1.3% 263 0.9% 744 1.0%

50 or More Units 231 7.7% 352 3.2% 1,147 4.0% 3,406 4.4%

Mobile Home or Trailer 31 1.0% 169 1.5% 551 1.9% 1,960 2.6%

Other Structure - - 5 - 15 0.1% 37 -

Homes Built By Year (2010)Homes Built 2005 or later 592 19.7% 1,954 17.8% 5,973 20.6% 13,384 17.4%

Homes Built 2000 to 2004 1,353 45.1% 2,953 26.9% 6,549 22.6% 17,058 22.2%

Homes Built 1990 to 1999 363 12.1% 3,087 28.1% 6,675 23.0% 15,493 20.2%

Homes Built 1980 to 1989 174 5.8% 1,080 9.8% 3,487 12.0% 10,192 13.3%

Homes Built 1970 to 1979 205 6.8% 1,024 9.3% 3,501 12.1% 12,151 15.8%

Homes Built 1960 to 1969 163 5.4% 394 3.6% 1,456 5.0% 4,971 6.5%

Homes Built 1950 to 1959 91 3.0% 262 2.4% 752 2.6% 2,120 2.8%

Homes Built Before 1949 59 2.0% 238 2.2% 573 2.0% 1,379 1.8%

Home Values (2010)Home Values $1,000,000 or More 7 0.6% 37 0.6% 99 0.6% 291 0.6%

Home Values $500,000 to $999,999 29 2.6% 152 2.4% 393 2.3% 1,208 2.6%

Home Values $400,000 to $499,999 31 2.7% 184 2.9% 416 2.4% 1,144 2.5%

Home Values $300,000 to $399,999 150 13.1% 550 8.6% 1,356 7.8% 3,282 7.1%

Home Values $200,000 to $299,999 275 24.1% 1,481 23.1% 3,841 22.0% 10,146 22.0%

Home Values $150,000 to $199,999 220 19.3% 1,245 19.4% 3,669 21.1% 9,263 20.1%

Home Values $100,000 to $149,999 265 23.3% 1,364 21.3% 4,028 23.1% 9,955 21.6%

Home Values $70,000 to $99,999 75 6.6% 776 12.1% 1,942 11.1% 5,413 11.7%

Home Values $50,000 to $69,999 36 3.2% 294 4.6% 749 4.3% 2,341 5.1%

Home Values $25,000 to $49,999 18 1.6% 130 2.0% 430 2.5% 1,464 3.2%

Home Values Under $25,000 33 2.9% 202 3.1% 499 2.9% 1,591 3.5%

Owner-Occupied Median Home Value $184,576 $168,370 $163,137 $160,510

Renter-Occupied Median Rent $911 $925 $889 $839

Transportation To Work (2010)Drive to Work Alone 3,176 78.9% 12,269 78.6% 32,127 78.3% 83,789 77.5%

Drive to Work in Carpool 490 12.2% 2,152 13.8% 5,692 13.9% 15,389 14.2%

Travel to Work by Public Transportation 40 1.0% 178 1.1% 590 1.4% 1,969 1.8%

Drive to Work on Motorcycle 41 1.0% 71 0.5% 144 0.4% 461 0.4%

Walk or Bicycle to Work 144 3.6% 361 2.3% 756 1.8% 1,981 1.8%

Other Means 34 0.8% 98 0.6% 291 0.7% 858 0.8%

Work at Home 98 2.4% 490 3.1% 1,408 3.4% 3,690 3.4%

Travel Time (2010)Travel to Work in 14 Minutes or Less 790 20.1% 3,096 20.5% 7,589 19.2% 20,378 19.5%

Travel to Work in 15 to 29 Minutes 1,735 44.2% 5,711 37.7% 14,858 37.5% 37,643 36.0%

Travel to Work in 30 to 59 Minutes 1,233 31.4% 5,633 37.2% 14,719 37.2% 39,884 38.2%

Travel to Work in 60 Minutes or More 168 4.3% 689 4.6% 2,433 6.1% 6,542 6.3%

Average Minutes Travel to Work 23.7 24.7 25.4 25.7

Gateway Pavilions - LoopNet

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