Contact Us IN RAPIDLY GROWING TRADE AREA. Vice President

Transcription

1 SEQ of Hwy 528 and hwy 550 :: BERALILLO, M REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA FOR LEASE OR SALE TO I-25 Proposed Contact Us JIM DOUTAS Vice President jim.dountas@cbre.com LIA ARMSTROG,CCIM Senior Associate lia.armstrong@cbre.com

2 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M COCEPUTAL SITE PLA PLAZA ECHATED HILLS ew 225,000± SF Power Center Completed 2015 Property FEATURES +AVAILABLE + FOR LEASE/SALE 10, ,000± SF 7-13± Acres +ACHORED + Walmart Supercenter anchored development - opened 2009 Future Building Area PROPOSED EW RETAIL DEVELOPMET 10, ,000± SF POSSIBLE Shop End Cap AVAILABLE 1,200± SF Venada Plaza Shops +RAPIDLY + EXPADIG TRADE AREA Highest concentration of residential growth in the MSA Several new retailers just announced to the market Regional draw pulling from multiple surrounding communities ew UM and CM Campuses, UM Hospital and Rio Rancho City Center nearby Future Building Area Possible 40,000± SF Proposed +Underserved + submarket Area retail in high demand with 103,792 population and expected 5.2% growth in 5 years +High + traffic counts 21,000 VPD on Hwy ,350 VPD on Hwy 550

3 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M 87004

4 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M Proposed

5 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M RIO RACHO/BERALILLO KEY FACTS Solid job growth - 1,500 jobs added or announced in the past 15 months ew Rooftops - 28% of new home construction starts for the Albuquerque MSA are in Rio Rancho ew Retail Development The metro s newest and largest retail development is under construction in Rio Rancho to be completed in 2015 Business Friendly Environment Expected continued development and growth Strong Demographics (Rio Rancho/Bernalillo/Placitas/Algodones) 103,792 Population $73,783 Average Household Income 37,670 Households 27.5% of the population holds college degree Source: eilsen Rio Rancho Economic Development

6 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA TRADE AREA DEMOGRAPHICS TRADE AREA L G POPULATIO BERALILLO, M VEADA Venada Plaza PLAZA Trade TRADE Area AREA 2015 Population 70, Population 74, Population 65, Population 38,372 Percent Pop Change: 2010 to % Percent Pop Change: 2015 to % AGE 2015 Median Age Average Age 37.4 HOUSEHOLDS 2015 Households 23, Households 25, Households 22, Households 12,379 Percent HH Change: 2010 to % Percent HH Change: 2015 to % Average Household Size 2.9 ICOME 2015 Median Household Income $59, Average Household Income $75, Per Capita Income $25,497 HOUSIG UITS 2015 Housing Units 25,774 Occupied Units 23,795 Vacant Housing Units 1, Owner-Occupied Housing Units 19, Renter-Occupied Housing Units 4,109 Daytime Employment (Total Employees) 15,039 Source: eilsen 2015 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes 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. All marks displayed on this document are the property of their respective owner. Updated 10/15 Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. EDUCATIO 2015 Population Age 25 and Over 45,444 High School thru Associates 28, % Bachelor's Degree 7, % Graduate Degree 4, % PLACE OF WORK Total Businesses 1,453 CBRE 6100 Uptown Blvd. E Suite 300 Albuquerque, ew Mexico t f