GROUND LEASE AND BUILD-TO-SUIT RETAIL IN BUSY TRADE AREA NEC SAN PEDRO AND ALAMEDA, ALBUQUERQUE, NEW MEXICO Conceptual - Heights Plaza CONTACT US JIM DOUNTAS LIA ARMSTRONG, CCIM First Vice President +1 505 837 4955 jim.dountas@cbre.com First Vice President +1 505 837 4951 lia.armstrong@cbre.com
a 250 Multifamily development under construction Heights Plaza is a new upscale retail center directly adjacent to MARKANA Apartments, a 250-unit Class A multifamily development currently under construction. The retail center will feature high-end façades and finishes and cater to the surrounding demographic that includes some of the highest household incomes and best schools in the City. AVAILABLE + + 5± Acres available for ground lease or build-to-suit FEATURES + + Located at a signalized intersection + + Directly adjacent to a multifamily development with 250 units currently under construction + + In close proximity to Interstate 25 Conceptual - Heights Plaza + + In a busy trade area with many surrounding national tenants + + 51,276 population in a 3 mile radius + + High average household income - $85,872 in a 3 mile radius + + 87122 zip code was ranked #1 wealthiest zip code in Albuquerque - Albuquerque Business First
Site adjacent to one of the wealthiest zip code in the City HEIGHTS PLAZA 250-Unit Under Construction ALBUQUERQUE FAR NORTHEAST HEIGHTS Average HH Income: $149,515 Average Net Worth: $1,986,291 Source: Albuquerque Business First La Cueva High School
SUBMARKET DEMOGRAPHICS $132,374 Average Household Income. Highest Avg HH Income in the City 19,000+ households 46,900+ estimated population 62.9% population have a Bachelor s Degree or higher Top Ranked public and private schools in the City Source: ESRI 2017 I-25 SUBMARKET DEMOGRAPHICS $63,000+ Average Household Income 33,000+ households 72,900+ estimated population Source: ESRI 2017
CONCEPTUAL SITE PLAN A SAN PEDRO DR 5,100 VPD 8,600 VPD
CONCEPTUAL SITE PLAN A Heights Plaza 250 Multifamily development- under construction
CONCEPTUAL SITE PLAN B SAN PEDRO DR 5,100 VPD 8,600 VPD
CONCEPTUAL SITE PLAN B Heights Plaza 250 Multifamily development- under construction
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Layout ID:P07 MapId:4397061 DEMOGRAPHICS OGRAPHIC DEMOGRAPHIC BRIEF BRIEF POPULATION POPULATION 1 Mile 3 Miles 1 5 Miles 3 5 Miles ulation - Current 2016 Year Population Estimate - Current Year Estimate 7,719 51,276 7,719 147,399 51,276 147,399 ulation - Five Year 2021 Projection Population - Five Year Projection 7,739 52,003 7,739 149,106 52,003 149,106 ulation - Census2010 Population - Census 7,694 50,206 7,694 145,122 50,206 145,122 ulation - Census2000 Population - Census 4,582 42,446 4,582 130,329 42,446 130,329 6 Annual Population 2010-2016 Growth Annual Rate Population Growth Rate 0.05% 0.34% 0.05% 0.25% 0.34% 0.25% 1 Annual Population 2016-2021 Growth Annual Rate Population Growth Rate 0.05% 0.28% 0.05% 0.23% 0.28% 0.23% HOUSEHOLDS HOUSEHOLDS seholds - Current 2016 Year Households Estimate - Current Year Estimate 2,964 21,188 2,964 64,791 21,188 64,791 seholds - Five Year 2021 Projection Households - Five Year Projection 2,968 21,430 2,968 65,379 21,430 65,379 seholds - Census 2010 Households - Census 2,969 20,841 2,969 64,053 20,841 64,053 seholds - Census 2000 Households - Census 1,756 16,518 1,756 55,393 16,518 55,393 6 Annual Household 2010-2016 Growth Annual Rate Household Growth Rate -0.03% 0.26% -0.03% 0.18% 0.26% 0.18% 1 Annual Household 2016-2021 Growth Annual Rate Household Growth Rate 0.03% 0.23% 0.03% 0.18% 0.23% 0.18% rage Household 2016 Size Average Household Size 2.59 2.41 2.59 2.26 2.41 2.26 HOUSEHOLD INCOME HOUSEHOLD INCOME rage Household 2016 Income Average Household Income $85,166 $85,872 $85,166 $80,916 $85,872 $80,916 rage Household 2021 Income Average Household Income $91,956 $92,038 $91,956 $86,661 $92,038 $86,661 dian Household Income 2016 Median Household Income $62,478 $63,876 $62,478 $55,244 $63,876 $55,244 dian Household Income 2021 Median Household Income $68,707 $69,141 $68,707 $59,130 $69,141 $59,130 Capita Income 2016 Per Capita Income $32,829 $35,508 $32,829 $35,604 $35,508 $35,604 Capita Income 2021 Per Capita Income $35,392 $37,948 $35,392 $38,029 $37,948 $38,029 HOUSING UNITS HOUSING UNITS using Units 2016 Housing Units 3, 139 22,288 3, 139 69,137 22,288 69,137 ant Housing Units 2016 Vacant Housing Units 175 5.6% 1,100 175 4.9% 5.6% 4,346 1,100 6.3% 4.9% 4,346 6.3% upied Housing Units 2016 Occupied Housing Units 2,964 94.4% 21,187 2,96495.1% 94.4% 64,791 21,18793.7% 95.1% 64,791 93.7% ner Occupied Housing 2016 Owner Units Occupied Housing Units 2,102 67.0% 15,569 2,10269.9% 67.0% 38,909 15,56956.3% 69.9% 38,909 56.3% ter Occupied Housing 2016 Renter Units Occupied Housing Units 862 27.5% 5,618 86225.2% 27.5% 25,882 5,61837.4% 25.2% 25,882 37.4% EDUCATION EDUCATION pulation 25 and 2016 Over Population 25 and Over 5, 112 36,5875, 112 105,851 36,587 105,851 CONTACT US ssociates Degrees HS and Associates Degrees 2,435 47.6% 17,901 2,43548.9% 47.6% 53,867 17,90150.9% 48.9% 53,867 50.9% JIM DOUNTAS s Degree or Higher Bachelor's Degree or Higher 2,172 42.5% 16,013 2,17243.8% 42.5% 44,852 16,01342.4% 43.8% 44,852 42.4% PLACE OF WORK PLACE OF WORK inesses 2016 Businesses 546 3,497 546 9,041 3,497 9,041 ployees 2016 Employees 8,995 53,216 8,995 111,709 53,216 111,709 Source: Neilsen First Vice President +1 505 837 4955 jim.dountas@cbre.com 5 Mile 3 Mile 1 Mile LIA ARMSTRONG, CCIM First Vice President +1 505 837 4951 lia.armstrong@cbre.com. This information has been 2016 obtained CBRE. from This sources information believed has reliable. been obtained We have from not verified sources it believed and make reliable. no guarantee, We have warranty not verified or representation it and make no about guarantee, it. Any warranty projections, or representation opinions, assumptions about it. Any or estimates projections, used opinions, are for assumptions or estimates used are for and do not represent the current example or only future and performance do not represent of the the property. current You or future and your performance advisors should of the property. conduct a You careful, and your independent advisors investigation should conduct of the a careful, property independent to determine investigation to your satisfaction of the property the suitability to determine of the property to your satisfaction the suitability of the property. Source: Esri Page 1 ProjectID:153935 for your needs. Source: Esri Page 1 ProjectID:153935 CBRE 6100 Uptown Blvd. NE Suite 300 Albuquerque, New Mexico 87110 t. +1 505 837 4999 f. +1 505 837 4994 2016 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. 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