VENADA PLAZA SEQ OF HWY 528 AND HWY 550 :: BERNALILLO, NM

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1 SEQ OF HWY 528 AD HWY 550 :: BERALILLO, M REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA FOR LEASE OR SALE TO I-25 COTACT US JIM DOUTAS First Vice President jim.dountas@cbre.com LIA ARMSTROG,CCIM First Vice President lia.armstrong@cbre.com

2 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M COCEPTUAL SITE PLA PLAZA ECHATED HILLS ew 225,000± SF Power Center PROPERTY FEATURES +AVAILABLE + FOR LEASE/SALE 10, ,000± SF 7-13± Acres +ACHORED + Walmart Supercenter anchored development PAD SITES AVAILABLE 1.10± acres PROPOSED EW RETAIL DEVELOPMET 10, ,000± SF POSSIBLE SHOPS +RAPIDLY + EXPADIG TRADE AREA Highest concentration of residential growth in the MSA Several new retailers recently opened in the trade area Regional draw pulling from multiple surrounding communities UM and CM Campuses, UM Hospital and Rio Rancho City Center nearby Future Building Area Possible 40,000± SF +UDERSERVED + SUBMARKET Area retail in high demand with 112,391 population and expected 1.23% growth in 5 years +HIGH + TRAFFIC COUTS 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 was recently completed in Rio Rancho Business Friendly Environment Expected continued development and growth Strong Demographics (Rio Rancho/Bernalillo/Placitas/Algodones) 112,391 Population $74,754 Average Household Income 39,629 Households 27.5% of the population holds college degree Source: Esri Rio Rancho Economic Development

6 REGIOAL SHOPPIG CETER DEVELOPMET I RAPIDLY GROWIG TRADE AREA BERALILLO, M TRADE AREA DEMOGRAPHICS TRADE AREA BERALILLO TRADE AREA POPULATIO TRADE AREA BERALILLO TRADE AREA 2017 Population - Current Year Estimate 112, Population - Five Year Projection 119, Population - Census 103, Population - Census 70, Annual Population Growth Rate 1.18% Annual Population Growth Rate 1.23% HOUSEHOLDS 2017 Households - Current Year Estimate 39, Households - Five Year Projection 42, Households - Census 36, Households - Census 24, Annual Household Growth Rate 1.11% Annual Household Growth Rate 1.18% 2017 Average Household Size 2.82 HOUSEHOLD ICOME 2017 Average Household Income $74, Average Household Income $83, Median Household Income $57, Median Household Income $62, Per Capita Income $26, Per Capita Income $29,682 HOUSIG UITS 2017 Housing Units 42, Vacant Housing Units 3, % 2017 Occupied Housing Units 39, % 2017 Owner Occupied Housing Units 32, % 2017 Renter Occupied Housing Units 7, % EDUCATIO 2017 Population 25 and Over 75,524 HS and Associates Degrees 48, % Bachelor's Degree or Higher 20, % PLACE OF WORK 2017 Businesses 1, Employees 21, CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Updated 01/18 Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. Source: Esri CBRE 6100 Uptown Blvd. E Suite 300 Albuquerque, ew Mexico t f