McCartney Center Parcel G & H

Transcription

1 McCartney Center Parcel G & H Casa Grande, AZ Location: McCartney Rd & Peart Rd. West of I Size: Parcel G 4.76 Acres Parcel H.38 Acres APN: F E3 Lots Can Be Purchased as a Package OR Individually 8 Units Per Acre Approved Zoning Brock Danielson, Associate Broker Regional Director Brock@KWCommercial.com BR54988 KW Commercial Phone: (48) Fax: (48) S Power Rd. Suite 2 Mesa, AZ Each Office is Independently Owned and Operated

2 Casa Grande, AZ MAPS AND AERIALS All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

3 Casa Grande, AZ MAPS AND AERIALS All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

4 Casa Grande, AZ Location overview CASA GRANDE is a dynamic, involved community, a modern city with rural heritage and oldfashioned values. Its economic base is a mix of retail trade, factory outlet shopping, manufacturing and agriculture. Founded in 879, Casa Grande was named for the famous Hohokam Indian Ruins 2 miles to the northeast. Midway between Phoenix and Tucson, the city has grown to be the largest community in western Pinal County since its incorporation in 95. Casa Grande is strategically located at the intersection of two interstate highways (I8 and I) in an area known as Arizona's Golden Corridor. Once dependent on agriculture and mining, the community has evolved into a diversified fullservice area with manufacturing, retail trade, government and touristrelated employment. All of Pinal County is a designated Enterprise Zone. Scenic Attractions Casa Grande's location, mild climate, and scenic attractions make it attractive to tourists and winter visitors. The Casa Grande Valley Historical Museum offers many historical displays and facts about the area. The unique architecture of the historical railroad station and other historic buildings can be enjoyed on a walking tour of Casa Grande. Named a Main Street city in 992, Casa Grande is revitalizing the unique downtown area. The Casa Grande Art Museum hosts a number of shows each year featuring sculpture, watercolor, multimedia and Western art by Arizona artists. The Casa Grande Valley Players will begin a new season of Community Theater. The city is also the home of the Arizona State Open Chili championship held every March. The annual O'Odham Tash Celebration, a gathering of tribes, is held in midfebruary and features Native American arts and crafts, ceremonial dances, rodeos, powwows and parades. Shopping and Entertainment Casa Grande s market area consists of more than 9, consumers. Casa Grande is the retail center for western Pinal County s consumers, including local retailers, specialty stores, antiques stores, and outlet shopping. Local retailers include: JC Penney; Target; Staples; Dillard s; Walgreen s; Bedmart, Inc.; Kmart; WalMart Supercenter; Foxworth Galbraith Lumber Company; Second Skin; Reva s Western Wear; Lowe s Store #2272; Gotcha Covered; Office Max, Warehouse Furniture Outlet; and numerous specialty retailers. Albertson s, Food City, Fry s Food Stores of Arizona, Inc. and Safeway, as well as several other grocery stores, serve the citizens of the area. Casa Grande is also the site of the Outlets at Casa Grande, with more than 42 quality retail outlet stores, which attracts more than two million shoppers per year. Our prizewinning Casa Grande Main Street historical shopping district offers many unique shops for that oneofakind gift. Casa Grande s newest addition is its,,squarefoot shopping mall, The Promenade at Casa Grande, which includes a number of wellknown national retail stores and restaurants and a multiplex movie theater. Community Facilities Casa Grande offers a broad range of community facilities including two senior centers, two museums, a library, a bowling center, a fitness and racquet club, one pool, four golf courses, an archery range, and rodeo facilities. There are more than 8 parks, many with Ramada s, handball courts, tennis courts, softball diamonds, and playground equipment. All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

5 Casa Grande, AZ Location overview Continued MAJOR EMPLOYERS Casa Grande is located in Pinal County, Arizona, which was recently recognized by CNN as experiencing more job growth than any other county in the United States. In just eight years, Pinal County has increased its job base by 96%. Businesses are flocking to Pinal County because of a talented labor pool, cheap housing and nearby amenities (not only in Casa Grande, but also in the Phoenix and Tucson metropolitan areas). Many largescale and highly respected corporations conduct major operations in Casa Grande. Some of these businesses include: Other regionally significant employers include: Casa Grande also enjoys a strong retail employment base due to its regional mall, historic downtown, and wide variety of grocery stores. All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

6 Casa Grande, AZ Scottsdale, AZ May 3, 23 After announcing its project, PhoenixMart, in the fourth quarter of 2, AZ Sourcing and Central Arizona Regional Center have just announced receiving its approval of their EB5 investments, a federal economic stimulant program. This official approval now allows PhoenixMart to break ground and begin construction in the fourth quarter of 23 with a scheduled grand opening in the latter part of 24. This project has required careful planning and timing from all angles from conception to realization. With the approval of our EB5 investments, we can now proceed forward at full speed, states Jeremy Schoenfelder, Executive Vice President of AZ Sourcing. Located in the City of Casa Grande, Arizona, PhoenixMart, covering more than 55 acres of commercial and residential development is the first regional sourcing center in the Western Hemisphere. This unique commerce design provides tenants with a singular distribution point that connects worldwide buyers to the greatest selection of goods from all 5 U.S. states complimented by NAFTA and other major international brands. During the construction and upon completion of PhoenixMart, this comprehensive economic development is estimated to generate more than 7, new jobs for the state of Arizona. The City of Casa Grande has been working with PhoenixMart to assure this project can move forward as soon as the EB5 issues were resolved, states Casa Grande Mayor Bob Jackson. The estimated 3 direct jobs will have a tremendous economic boost not only to our community and Pinal County but for the entire state. We have All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

7 Casa Grande, AZ been working with several economic development groups throughout the state to create an international presence for Arizona and this project is a home run. It provides an international gateway that the entire state will benefit from. EB5 is also known as The Immigrant Investor Program. The initiative was created by the Immigration Act of 99 for the purpose of stimulating the United States economy through job creation and capital investment by foreign investors. These investments are made directly to United States Citizenship and Immigration Services (USCIS) approved regional centers that assume the responsibility of creating jobs. There are numerous commercial developments successfully utilizing this economic and business model. Other sites include Dragon Mart in Dubai and Yiwu City in China. About PhoenixMart PhoenixMart is a firstclass venue for manufacturers and distributors to showcase their products to the world. Ideally located in the southwestern United States, PhoenixMart offers easy access to planes, ports, highways, and rails connecting multiple markets with remarkable efficiency. Services include a stateoftheart Business Program, a collective marketing campaign, and a global ecommerce platform. With these tools, PhoenixMart provides solutions for longterm, smart and sustainable growth. All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

8 Casa Grande, AZ PhoenixMart starts grading for entrance Posted: Saturday, May 7, 24 :34 am By MELISSA ST. AUDE Casa Grande Dispatch Tractors and grading equipment have started rolling at the 585acre PhoenixMart site along Florence Boulevard near its intersection with Toltec Buttes Road. Oscar Perez/Dispatch PhoenixMart Dirt work is occurring at the entrance to the planned PhoenixMart, east of Casa Grande along Florence Boulevard. A crew from Scott s Diversified Construction Inc. of Gilbert was on site Thursday blading and compacting the ground. The city issued a grading permit to PhoenixMart last week to begin landscaping and sign installation work on 7 acres that eventually will be the entryway into the development. A masterplanned community is planned for the 585acre site. Its centerpiece is to be the PhoenixMart building, a.7millionsquarefoot manufacturer sourcing center with showroom space for,74 tenants. Although developers are awaiting the final approvals from the city to begin work on the sourcing center, a temporary use permit was approved in March to allow the company to install signs and landscaping. Plans call for monumentstyle concrete wall signs and landscaping along the edge of Florence Boulevard. Company officials have said work on the sourcing center could begin late this summer, with an anticipated opening sometime next year. All is still on schedule, PhoenixMart spokesman Patrick Welch said. PhoenixMart follows a collective marketing strategy similar to developments in Yiwu, China, and Dubai, United Arab Emirates, where manufacturers gather in one central location to sell goods. Developers have said the project could bring nearly 9, jobs to Pinal County. All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

9 Demographic Summary Report Building Type: Class: RBA: Typical Floor: Land McCartney & Peart Rd, Casa Grande, AZ Total Available: % Leased: Rent/SF/Yr: SF % Radius Mile 3 Mile 5 Mile Population 26 Projection 2,888 22,322 6,287 2 Estimate 2,545 8,938 52,23 2 Census 2,495 8,639 5,464 Growth % 7.9% 7.6% Growth %.6%.3% 2 Population by Hispanic Origin 945 7,5 2,489 2 Population By Race 2,545 8,938 52,23 White, % 3, % 35, % Black or African American % % 2, % American Indian and Alaska Native % % 2, % Asian 8 3.8% % % Native Hawaiian and Pacific Islander 3.2% 7.9% 72.4% Other Race % 2, % 8, % Two or More Races 2 4.4% % 2,64 5.% Households 26 Projection 896 7,56 2,683 2 Estimate 799 6,462 8,685 2 Census 784 6,36 8,459 Growth % 7.% 6.% Growth 2 2.9%.6%.2% Owner Occupied 64 8.% 4, % 2, % Renter Occupied %, % 6, % 2 Households by HH Income 799 6,463 8,684 Income Less Than $5, % % 3, % Income: $5, $24, % % 2,53.52% Income: $25, $34, % % 2, % Income: $35, $49, %, % 3, % Income: $5, $74, %, % 3, % Income: $75, $99, % %,984.62% Income: $, $49, % %, % Income: $5, $99, % 7.8% 32.72% Income: $2,+ 3.63% 3.59% 29.56% 2 Avg Household Income $68,28 $58,99 $52,494 2 Med Household Income $59,67 $5,487 $4,696 2 Per Capita Income $2,75 $2,92 $9,59 This copyrighted report contains research licensed to KW Commercial

10 Demographic Detail Report McCartney & Peart Rd, Casa Grande, AZ Building Type: Class: RBA: Typical Floor: Land Total Available: % Leased: Rent/SF/Yr: SF % Radius Mile 3 Mile 5 Mile Population 26 Projection 2,888 22,322 6,287 2 Estimate 2,545 8,938 52,23 2 Census 2,495 8,639 5,464 Growth % 7.9% 7.6% Growth %.6%.3% 2 Population by Age 2,545 8,938 52,23 Age %, % 4, % Age %, % 4, % Age %, % 4, 7.7% Age %, % 3,75 7.9% Age %, 5.28% 3, % Age % 2, % 6, % Age % 2, % 6,8.86% Age %,42 6.3% 3,86 6.% Age %,6 6.3% 3,62 6.7% Age %, % 3,32 6.% Age %,5 5.3% 3, % Age %, % 4, % Age % % 2, % Age 85 and over.43% 8.95% 75.37% Age 65 and over % 2,233.79% 7, % Median Age Average Age This copyrighted report contains research licensed to KW Commercial

11 Demographic Detail Report McCartney & Peart Rd, Casa Grande, AZ Radius Mile 3 Mile 5 Mile 2 Population By Race 2,545 8,938 52,23 White, % 3, % 35, % Black or African American % % 2, % American Indian and Alaska Native % % 2, % Asian 8 3.8% % % Native Hawaiian and Pacific Islander 3.2% 7.9% 72.4% Other Race % 2, % 8, % Two or More Races 2 4.4% % 2,64 5.% 2 Population by Hispanic Origin 2,544 8,937 52,22 Not Hispanic or Latino, %, % 3, % Hispanic or Latino % 7,5 37.4% 2, % 2 Age 5+ Language at Home,683 3,533 39,5 Speak Only English, %, % 28, % Speak Asian or Pacific Island 6.36% 42.5% 424.8% Speak IndoEuropean.65% 86.64% % Speak Spanish % 2,9 2.43% 8, % Speak Other Language.% 7.3% % 2 Median Age, Male Average Age, Male Median Age, Female Average Age, Female Population by Occupation 869 6,639 8,87 Classification (Age 6+) Blue Collar %, % 4, % White Collar 53 6.% 3, %, % Service %,75 7.7% 3, % 2 Population by Marital Status,37,23 32,65 (Age 5+) Total, Never Married % 2, % 8, % Married % 7, % 8, % Widowed 23.76% %, % Divorced %,32 9.2% 3,44.65% This copyrighted report contains research licensed to KW Commercial

12 Demographic Detail Report McCartney & Peart Rd, Casa Grande, AZ Radius Mile 3 Mile 5 Mile 2 Population by Education,26 9,28 25,43 Less Than 9th Grade % %, % Some High School, No Diploma % % 2,86.3% High School Grad (Incl Equivalency) % 2, % 8,62 32.% Some College, No Degree % 2, % 6, % Associate Degree % % 2, % Bachelor Degree %, % 2,98.44% Advanced Degrees % %,63 6.3% 2 Population by Occupation,9 7,82 2,762 (Age 6+) Management, Business, & Financial %, % 5, % Professional & Related Occupations % % % Services % 3, % 9, % Sales & Office 3.% % 2, % Farming, Fishing, and Forestry 9.86% 4.33% % Construction and Extraction, Maint % %, % Production & Transportation 4.9% % 2,48.4% 2 Workers by Travel Time to 835 6,593 7,89 Work (Age 6+) Less Then 5 Minutes % 2, % 7, % 5 to 29 Minutes %, % 4, % 3 to 44 Minutes 92.2%,7 5.43% 2, % 45 to 59 Minutes 89.66% %,265 7.% 6+ Minutes %, % 2,33 3.8% 2 Households by HH Size 782 6,36 8,459 Person Households %, % 4, % 2Person Households % 2, % 6, % 3Person Households 4 7.9% 96 5.% 2,66 4.4% 4Person Households 4 7.9% % 2, % 5Person Households 83.6% %, % 6Person Households % % % 7 or more Person Households % % % 2 Average Household Size This copyrighted report contains research licensed to KW Commercial

13 Demographic Detail Report McCartney & Peart Rd, Casa Grande, AZ Radius Mile 3 Mile 5 Mile Households 26 Projection 896 7,56 2,683 2 Estimate 799 6,462 8,685 2 Census 784 6,36 8,459 Growth % 7.% 6.% Growth 2 2.9%.6%.2% 2 Households by HH Income 799 6,463 8,684 Income: Less than $5, % % 3, % Income: $5, $24, % % 2,53.52% Income: $25, $34, % % 2, % Income: $35, $49, %, % 3, % Income: $5, $74, %, % 3, % Income: $75, $99, % %,984.62% Income: $, $49, % %, % Income: $5, $99, % 7.8% 32.72% Income: $2,+ 3.63% 3.59% 29.56% 2 Avg Household Income $68,28 $58,99 $52,494 2 Med Household Income $59,67 $5,487 $4,696 2 Per Capita Income $2,75 $2,92 $9,59 2 Occupied Housing 799 6,462 8,685 Owner Occupied 64 8.% 4, % 2, % Renter Occupied %, % 6, % 2 Housing Units 68 6,655 9,846 Unit Attached.5% 92.38% % Unit Detached % 4, %, % 2 Units.% 8.27% 6.8% 3 9 Units.62% %, % 2 49 Units 8.8% %, % 5 or more Units 3.44% 93.4% % Mobile Home or Trailer %, % 4, % Boat, RV, Van, Etc..5% 25.38% 239.2% This copyrighted report contains research licensed to KW Commercial

14 Demographic Detail Report McCartney & Peart Rd, Casa Grande, AZ Radius Mile 3 Mile 5 Mile 2 Housing Value Owner 54 4,96,767 Occupied Value Less than $2, 4.78% 34 8.% % Value $2, $39,999.9% 76.8% % Value $4, $59,999.% % % Value $6, $79, % % % Value $8, $99, % % % Value $, $49, % % 2, % Value $5, $99, % % 2,4 9.88% Value $2, $299, % % 2,58 2.4% Value $3, $399, % % % Value $4, $499, % % % Value $5, $749, % % 79.66% Value $75, $999,999.9% 25.6% 33.3% Value $,, or more 7.36% 52.24% 82.76% 2 Med Housing ValOwner Occupied $87,687 $67,282 $53,8 2 Housing Units by Yr Built 678 6,656 9,845 Built 25 to Present %,25 8.% 2, % Built 2 to %, % 4, % Built 99 to %, % 4, % Built 98 to %, % 2, % Built 97 to %, % 2, % Built 96 to % % % Built 95 to % 28.92% % Built 94 to 949.% 26.39% % Built 939 or Earlier 3.44% 52.78% 32.6% 2 Median Year Built This copyrighted report contains research licensed to KW Commercial

15 Demographic Trend Report Mile Radius McCartney & Peart Rd, Casa Grande, AZ Building Type: Class: RBA: Typical Floor: Land Total Available: % Leased: Rent/SF/Yr: SF % Description Population 2,495 2,545 2,888 Age % % % Age % % % Age % % % Age % 9 7.5% % Age % % % Age % % % Age % % % Age % % % Age % % % Age % % % Age % 7 4.6% % Age % % % Age % 35.38% 45.56% Age %.43% 4.48% Age 5+, %, % 2, % Age 2+, %, %, % Age % % % Median Age Average Age Population By Race 2,495 2,545 2,888 White, %, %, % Black or African American 4.45% % % American Indian and Alaska Native % % % Asian % 8 3.8% % Native Hawaiian and Pacific Islander 3.2% 3.2% 5.7% Other Race % % % Two or More Races 4.45% 2 4.4% % This copyrighted report contains research licensed to KW Commercial

16 Demographic Trend Report Mile Radius Description 2 HeaderYear McCartney & Peart Rd, Casa Grande, AZ HeaderYear 26 HeaderYear Population by Race ,268 (Hispanic or Latino) White % % % Black or African American 4.5% 4.48% 2.66% American Indian & Alaska Native 7.83% 7.8% 25.97% Asian 2.22% 2.2% 2.6% Native Hawaiian & Pacific Islander.%.%.% Other Race % % % Two or More Races % 7 7.5% 7.89% Household by Household Income Income Less than $5, 9.42% % % Income $5, $24, % % % Income $25, $34, % % % Income $35, $49, % 83.39% % Income $5, $74, % % % Income $75, $99, % % % Income $, $49, % % 7.96% Income $5, $99, % 9.3%.23% Income $2, % 3.63% 3.45% Average Household Income $8,27 $68,28 $72,248 Median Household Income $7,48 $59,67 $62,79 Per Capita Income $25,536 $2,75 $22,77 This copyrighted report contains research licensed to KW Commercial

17 5 Mile Radius McCartney & Peart Rd, Casa Grande, AZ Building Type: Land Class: RBA: Typical Floor: Total Available: % Leased: Rent/SF/Yr: SF % Business Employment by Type # of Businesses # Employees #Emp/Bus Total Businesses,567 4,864 9 Total Retail 376 3,82 Home Improvement Stores General Merchandise Stores Food Stores Auto Dealers and Gas Stations Apparel and Accessory Stores Furniture and Home Furnishings Eating and Drinking Places 9,78 9 Miscellaneous Retail Stores FinanceInsuranceReal Estate Banks, Saving and Lending Inst Security Brokers and Investments 9 Insurance Carriers and Agencies Real EstateTrustHolding Co Services 665 6,455 Hotels and Lodging 7 9 Motion Picture and Amusement Health Services 9,926 8 Legal Services Educational Services 38,35 36 Auto Services Other Services 37 2,53 7 Agriculture/Mining Construction Manufacturing Transportation, Comm./Pub Util Wholesale Trade Government 68,93 6 Daytime Population 4,864 Daytime Population/Business 9 Residential Population This copyrighted report contains research licensed to KW Commercial

18 Traffic Count Report McCartney & Peart Rd, Casa Grande, AZ Building Type: Class: RBA: Typical Floor: Total Available: % Leased: Rent/SF/Yr: Land SF % Count Avg Daily Volume Miles from Street Cross Street Cross Str Dist Year Volume Type Subject Prop W McCartney Rd N Peart Rd.4 E 27 5,59 AADT.6 2 N Peart Rd W McCartney Rd.7 N 27 7,458 AADT.2 3 W McCartney Rd N Peart Rd.9 W 2 9,827 MPSI.28 4 W McCartney Rd N Trekell Rd.3 W 2 5,35 MPSI.65 5 N Trekell Rd W McCartney Rd.8 N 27 3,735 AADT.97 6 N Peart Rd E Ave Ellena.9 N 2 5,578 MPSI.99 This copyrighted report contains research licensed to KW Commercial

19 Quick Stats Report Comps Statistics Low Average Median High Count Sale Price $35, $3,535,5 $,45,52 $3,877,5 Parcel Size.9 AC 4.44 AC 4. AC 9.7 AC Price per Acre Days on Market $32, 34 $795, $524, $,583,22,9 6 Sale Price to Asking Price Ratio 54.55% 72.55% 67.82%.% 4 Totals Sold Transactions Total Sales Volume: $35,35,5 Total Sales Transactions: Survey Criteria Location: Location method County; Counties Maricopa (AZ) Basic Criteria: Sale Status Sold, Under Contract; Property Type Land; Secondary Type Commercial, Residential; Sale Date from //29; Include Public Record Comps; Include NonArms Length Comps property criteria: Keyword proposed; Keyword 2 multifamily; Match at least one keyword land specific criteria: Proposed Use Apartment Units, Apartment Units Condo, Apartment Units Dorms, Apartment Units Senior, Apartment Units Subsdzd This copyrighted report contains research licensed to KW Commercial

20 Sale Distribution by Price 3Q: 7//29/3/2 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals # of Records % of Records Dollar Volume % of Dollar Volume.%.%.%.%.%.% $325, $ $ $ $ $325,.%.%.%.%.%.% 4Q: //22/3/2 No Data Q: //23/3/2 No Data 2Q: 4//26/3/2 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals 3Q: 7//29/3/2 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals 4Q: //22/3/2 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals # of Records % of Records Dollar Volume % of Dollar Volume.%.%.%.%.%.% $35, $ $ $ $ $35,.%.%.%.%.%.% # of Records % of Records Dollar Volume % of Dollar Volume.% $.% 2.% $2,35,.%.% $.%.% $.%.% $.% 2.% $2,35,.% # of Records % of Records Dollar Volume % of Dollar Volume.% $.%.% $.%.% $,5,.%.% $.%.% $.%.% $,5,.% This copyrighted report contains research licensed to KW Commercial

21 Sale Distribution by Price Q2: //223/3/22 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals # of Records % of Records Dollar Volume % of Dollar Volume.%.%.%.%.%.% $ $ $ $ $3,877,5 $3,877,5.%.%.%.%.%.% 2Q2: 4//226/3/22 No Data 3Q2: 7//229/3/22 No Data 4Q2: //222/3/22 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals # of Records % of Records Dollar Volume % of Dollar Volume.%.%.%.%.%.% $ $ $ $6,5, $ $6,5,.%.%.%.%.%.% Q3: //233/3/23 No Data 2Q3: 4//236/3/23 Less than $5k $5k $.49M $.5M $4.9M $5M $9.9M $M and above Totals # of Records % of Records Dollar Volume % of Dollar Volume.%.%.%.%.%.% $ $ $ $5,85, $ $5,85,.%.%.%.%.%.% This copyrighted report contains research licensed to KW Commercial

22 Sale Distribution by Price Total # of Records % of Records Dollar Volume % of Dollar Volume Less than $5k 2 25.% $36,.2% $5k $.49M 2 25.% $2,35, 7.7% $.5M $4.9M 2.5% $,5, 4.9% $5M $9.9M 2 25.% $2,35, 4.6% $M and above 2.5% $3,877,5 45.6% Totals 8.% $3,437,5.% Survey Criteria Location: Location method County; Counties Maricopa (AZ) Basic Criteria: Sale Status Sold, Under Contract; Property Type Land; Secondary Type Commercial, Residential; Sale Date from //29; Include Public Record Comps; Include NonArms Length Comps property criteria: Keyword proposed; Keyword 2 multifamily; Match at least one keyword land specific criteria: Proposed Use Apartment Units, Apartment Units Condo, Apartment Units Dorms, Apartment Units Senior, Apartment Units Subsdzd This copyrighted report contains research licensed to KW Commercial

23 This copyrighted report contains research licensed to KW Commercial

24 SE 9th St & Devonshire Ave Encanto Pointe Apts SOLD Phoenix, AZ 854 Maricopa County Recorded Buyer: Encanto Pointe Housing First, LP Recorded Seller: Gabriel Gomes Saia Jr Revocable Living Trust 452 N Central Ave Phoenix, AZ 852 (62) True Buyer: Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Native American Connections Inc True Seller: 9/3/2 Land Area: $,8,96 Confirmed Lot Dimensions: $2.56 ($546,945.79/AC) Proposed Use: Level Zoning: Sale Conditions: 22 S 6th St Tempe, AZ 8528 (48) 8476 Integrated Real Estate Services, LLC 8,22 SF (.86 AC) Irregular Apartment Units Senior R5, Phoenix Redevelopment Project Map Page: Wide World of Maps, Inc. 2665LR Parcel No: 5574, 55742, 55743, Financing: Down payment of $,8,96 (.%); $3,, from City of Phoenix$665,96 from Private Company$4,334, from JPMorgan Chase Bank NA: due in 3 yrs Comp ID: Research Status: Confirmed 2 SW 9th St & Devonshire Ave Madison Pointe Apts SOLD Phoenix, AZ 854 Maricopa County Recorded Buyer: Madison Pointe Apartments, LP Recorded Seller: Gabriel Gomes Saia Jr Revocable 593 E Pima St Living Trust Tucson, AZ 8572 (52) S 6th St Tempe, AZ 8528 True Buyer: The NRP Group LLC True Seller: (48) 8476 Integrated Real Estate Services, LLC Sale Date: Sale Price: $/SF Land Gross: Density: Topography: 9/3/2 Land Area: $,33,4 Confirmed Lot Dimensions: $.52 ($5,9.45/AC) Proposed Use: Level Zoning: Sale Conditions: 5,434 SF (2.65 AC) Irregular Apartment Units R5, Phoenix Redevelopment Project Map Page: Wide World of Maps, Inc. 2665LR Parcel No: 55723, 55725, 55727A, 5578 Financing: Down payment of $,33,4 (.%); $935, from Bank of America NA$6,7, from Bank of America NA; Construction loan type$,569, from City of Phoenix$72,58 from State of Arizona: due in 33 yrs Comp ID: Research Status: Confirmed 3 6th St & Highland Ave SOLD Phoenix, AZ 856 Maricopa County Recorded Buyer: 7575 Development, Inc. Recorded Seller: Security Title Agency Inc 55 E Missouri Ave Phoenix, AZ 854 (62) 235 Sale Date: Sale Price: $/SF Land Gross: Density: Topography: 5/5/23 Land Area: $4,5, Lot Dimensions: $29.8 ($,298,76.92/AC) Proposed Use: Level Zoning: Sale Conditions: 35,97 SF (3.2 AC) Irregular Apartment Units R3, Phoenix Parcel No: Financing: Comp ID: Research Status: In Progress This copyrighted report contains research licensed to KW Commercial

25 4 SE Baseline Rd & 48th St SOLD Phoenix, AZ 8544 Maricopa County Recorded Buyer: MT Beverly, LLC Recorded Seller: Quality Properties Asset 742 E Highland Blvd Management Company Spokane, WA Anton Blvd Costa Mesa, CA Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Parcel No: Financing: Comp ID: /24/2 (56 days on mkt) Land Area: $,5, Confirmed Lot Dimensions: $5.47 ($238,269.2/AC) Proposed Use: Level Zoning: Sale Conditions: Down payment of $,5, (.%); None 2227 Research Status: Confirmed 274,428 SF (6.3 AC) Apartment Units R5 REO Sale Map Page: Wide World of Maps, Inc. 667MA W Desert Cove Ave Desert Cove SOLD Phoenix, AZ 8529 Maricopa County Recorded Buyer: Sheri Ranger Recorded Seller: Federal Deposit Insurance PO Box 395 Corporation Blaine, WA 9823 (64) Bryan St Dallas, TX 752 (24) Sale Date: Sale Price: $/SF Land Gross: Density: Topography: 9/3/2 (34 days on mkt) Land Area: $325, Approximate Lot Dimensions: $.73 ($75,476.8/AC) Proposed Use: 22 to 23. units per acre Level Zoning: Sale Conditions: 87,744 SF (4.3 AC) Irregular Apartment Units Condo... R3A, Phoenix REO Sale Map Page: Wide World of Maps, Inc. 463LK Parcel No: Financing: Comp ID: 594, 595A, 598, 59A, 59B, 598A [Partial List] Research Status: Approximate 6 SE Montebello Ave & 67th Ave Vacant Land SOLD Glendale, AZ 853 Maricopa County Recorded Buyer: National Farm Workers Services Recorded Seller: Glendale Benton, LLC Center, Inc PO Box 62 Keene, CA 9353 (66) N Frank Lloyd Wright Blvd Scottsdale, AZ 8526 (48) Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Parcel No: Financing: Comp ID: 4/9/2 (438 days on mkt) Land Area: $864, Confirmed Lot Dimensions: $3.8 ($66,53.85/AC) Proposed Use: Level 44264C $,287,375 from City of Glendale 9574 Research Status: Confirmed Zoning: Sale Conditions: 226,52 SF (5.2 AC) Apartment Units... R4, Glendale REO Sale Map Page: Wide World of Maps, Inc. 2557LQ This copyrighted report contains research licensed to KW Commercial

26 7 53 W Peoria Ave Vacant Land SOLD Phoenix, AZ 8529 Maricopa County Recorded Buyer: Sheri Ranger Recorded Seller: Investco, Inc. PO Box 395 Blaine, WA 9823 (64) N th Way Scottsdale, AZ (48) Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Parcel No: Financing: Comp ID: 4/5/2 (9 days on mkt) Land Area: $35, Confirmed Lot Dimensions: $.74 ($32,.9/AC) Proposed Use: Level 5944A, Down payment of $35, (.%) Research Status: Confirmed Zoning: Sale Conditions: 47,48 SF (.9 AC) Irregular Apartment Units... R3A 8 5 N Portales Pl Portales Place SOLD Scottsdale, AZ 8525 Maricopa County Recorded Buyer: JLB Portales Partners, LP Recorded Seller: ML Manager, LLC 99 Lake Carolyn Pky Irving, TX N 83rd Ave Peoria, AZ 8538 (623) Recorded Buyer: Recorded Seller: PPP Loan, LLC 45 N 83rd Ave Peoria, AZ 8538 Map Page: Wide World of Maps, Inc. 2772LR True Buyer: JLB Partners, LP 99 Lake Carolyn Pky Irving, TX 7539 (24) Bay Miltenberger True Seller: ML Manager, LLC 45 N 83rd Ave Peoria, AZ 8538 (623) Mark Winkleman Sale Date: Sale Price: $/SF Land Gross: 2/28/22 (423 days on mkt) Land Area: $3,877,5 Confirmed Year Built/Age: $32.84 ($,43,67./AC) RBA: 422,532 SF (9.7 AC) PrFrma Cap Rate: Actual Cap Rate: Zoning: Sale Conditions: D/RCO 2, Scottsdale REO Sale Parcel No: 73336, 73336, , , , [Partial List] Financing: $6,938,75 from Wells Fargo Bank Comp ID: Research Status: Confirmed This copyrighted report contains research licensed to KW Commercial

27 9 26 E Rio Salado Pky The Lofts at Hayden Ferry SOLD Tempe, AZ 8528 Maricopa County Recorded Buyer: Oliver McMillan Hayden Ferry Recorded Seller: RP HFL, LLC Landing, LLC 733 N 8th Ave San Diego, CA N Scottsdale Rd Scottsdale, AZ Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Parcel No: Financing: Comp ID: 4/5/23 Land Area: $5,85, Confirmed Lot Dimensions: $36.35 ($,583,22.57/AC) Proposed Use: Level Zoning: Sale Conditions: 6,72 SF (3.7 AC) Apartment Units PAD 32222E, 32222F, 32223F, 32223G, A, [Partial List] Down payment of $5,85, (.%) Research Status: Confirmed San Victor Dr Apartment Site SOLD Scottsdale, AZ Maricopa County Recorded Buyer: Standard Pacific Homes of Recorded Seller: Mt Victor Llc Arizona Inc 67 N Scottsdale Rd Scottsdale, AZ (48) N Scottsdale Rd Scottsdale, AZ 8525 (48) 999 Sale Date: Sale Price: $/SF Land Gross: Density: Topography: Parcel No: Financing: Comp ID: 2/4/22 (539 days on mkt) Land Area: $6,5, Confirmed Lot Dimensions: $22.94 ($999,2.64/AC) Proposed Use: Level Down payment of $6,5, (.%) Research Status: Confirmed Zoning: Sale Conditions: 283,576 SF (6.5 AC) Irregular Apartment Units R5/PCD with a CO/PCD ov Map Page: Wide World of Maps, Inc. 675LL This copyrighted report contains research licensed to KW Commercial