Presented by Realty ONE Group
Confidentiality Agreement The material contained in this Offering Memorandum is furnishedsolely for the purpose of considering the purchase of the property within andis not to be used for any other purpose. This information should not, under anycircumstances, be photocopied or disclosed to any third party without thewritten consent of Realty ONE Group or Owner, or used for any purposewhatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Property Owner( Owner ) in connection with the sale of the Property is the Realty ONE GroupReal Estate Professional listed in this proposal, and no other person isauthorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Memorandum. If the person receiving these materials doesnot choose to pursue a purchase of the Property, this Offering Memorandum mustbe returned to Realty ONE Group. Neither the Realty ONE Group Real Estate Professional nor theowner make any representation or warranty, express or implied, as to the accuracyor completeness of the information contained herein, and nothing containedherein is or shall be relied upon as a promise or representation as to thefuture performance of the Property. This Offering Memorandum may include certainstatements and estimates by Realty ONE Group with respect to the projectedfuture performance of the Property. These Assumptions may or may not be provento be correct, and there can be no assurance that such estimates will beachieved. Further, the Realty ONE Group Real Estate Azad Zolnoorian azad.zolnoorian@allazrealestat e.com (602) 446-7000 License: SA524955000 Realty ONE Group 21020 N Pima Road Scottsdale, AZ 85255 Professional and the Ownerdisclaim any and all liability for representations or warranties, expressed orimplied, contained in or omitted from this Investment Offering Memorandum, orany other written or oral communication transmitted or made available to the recipient.the recipient shall be entitled to rely solely on those Notes representations andwarranties that may be made to it in any final, fully executed and deliveredreal Estate Purchase Agreement between it and Owner. The information contained herein is subject to change withoutnotice and the recipient of these materials shall not look to Owner or the RealtyONE Group Real Estate Professional, nor any of their officers, employees, representatives,independent contractors or affiliates, for the accuracy or completenessthereof. Recipients of this Investment Offering Memorandum are advised andencouraged to conduct their own comprehensive review and analysis of theproperty. This Investment Offering Memorandum is a solicitation of interestonly and is not an offer to sell the Property. The Owner expressly reserves theright, at its sole discretion, to reject any or all expressions of interest topurchase the Property and expressly reserves the right, at its sole discretion,to terminate negotiations with any entity, for any reason, at any time with orwithout notice. The Owner shall have no legal commitment or obligation to anyentity reviewing the Investment Offering Memorandum or making an offer topurchase the Property unless and until the Owner executes and delivers a signedreal Estate Purchase Agreement on terms acceptable to Owner, in Owner s sole discretion.by submitting an offer, a prospective purchaser will be deemed to haveacknowledged the foregoing and agreed to release the Owner and the Realty ONEGroup Real Estate Professional from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with anyprospective purchaser, any prospective purchaser should not rely on any such correspondenceor statements as binding Owner. Only a fully executed Real Estate Purchase Agreementshall bind the property and each prospective purchaser proceeds at its ownrisk.
Property Details Recently renovated commercial property currently used as a Auto Dealership. Zoned C-3 with many future possibilities. Property consists of a warehouse with separate office spaces, kitchen, bathroom which all are completely remodeled. Frontage on both Broadway Road and 9th Street with access from both sides. This property has it all. Price: $499,000 Completely Renovated Commercial Property. Auto Dealership. C-3 Zoning. Office/Warehouse/Showroom. Frontage on Broadway Road and 9th Street. Consists of 2 Parcels. View the full listing here: Price: $499,000 Building Size: 4,082 SF Price/SF: $122.24 Property Type: Property Sub-type: Retail Vehicle Related Additional Sub-types: Office Showroom, Warehouse, Office- Warehouse Property Use Type: Commission Split: 3% Occupancy: 0% No. Stories: 2 Vacant/Owner-User Auto Dealership
Location Location Description Broadway Road and 9th Street. Subject property is located on the Northeast corner of Broadway Road and 9th Street.
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Market Trends Jun 16 vs. 3 mo. prior Y-O-Y State $148 +0.9% +3.8% Metro $166 +1.8% +5.7% County $179 +1.3% +5.0% Jun 16 vs. 3 mo. prior Y-O-Y State $13.69 +0.7% +0.3% Metro $13.62 +0.6% +0.4% County $13.77 +0.4% +0.1% City $13.24 +2.7% +0.2%
Demographics Population 1-mi. 3-mi. 5-mi. 2015 Male Population 6,127 52,109 123,657 2015 Female Population 5,918 49,697 112,199 % 2015 Male Population 50.87% 51.18% 52.43% % 2015 Female Population 49.13% 48.82% 47.57% 2015 Total Population: Adult 8,123 71,105 167,889 2015 Total Daytime Population 14,771 164,681 409,418 2015 Total Employees 6,516 95,608 252,497 2015 Total Population: Median Age 29 30 30 2015 Total Population: Adult Median Age 41 42 41 2015 Total population: Under 5 years 1,142 8,751 19,566 2015 Total population: 5 to 9 years 1,048 8,725 19,572 2015 Total population: 10 to 14 years 1,082 8,380 18,161 2015 Total population: 15 to 19 years 1,085 8,523 19,741 2015 Total population: 20 to 24 years 982 9,332 22,137 2015 Total population: 25 to 29 years 909 7,750 19,139 2015 Total population: 30 to 34 years 954 7,748 19,051 2015 Total population: 35 to 39 years 814 6,511 15,461 2015 Total population: 40 to 44 years 770 6,341 15,517 2015 Total population: 45 to 49 years 614 5,656 13,681 2015 Total population: 50 to 54 years 689 5,879 14,006 2015 Total population: 55 to 59 years 576 5,060 12,207
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total population: 60 to 64 years 425 3,972 9,173 2015 Total population: 65 to 69 years 326 3,247 6,703 2015 Total population: 70 to 74 years 277 2,440 4,827 2015 Total population: 75 to 79 years 171 1,624 3,188 2015 Total population: 80 to 84 years 120 1,035 2,065 2015 Total population: 85 years and over 61 832 1,661 % 2015 Total population: Under 5 years 9.48% 8.60% 8.30% % 2015 Total population: 5 to 9 years 8.70% 8.57% 8.30% % 2015 Total population: 10 to 14 years 8.98% 8.23% 7.70% % 2015 Total population: 15 to 19 years 9.01% 8.37% 8.37% % 2015 Total population: 20 to 24 years 8.15% 9.17% 9.39% % 2015 Total population: 25 to 29 years 7.55% 7.61% 8.11% % 2015 Total population: 30 to 34 years 7.92% 7.61% 8.08% % 2015 Total population: 35 to 39 years 6.76% 6.40% 6.56% % 2015 Total population: 40 to 44 years 6.39% 6.23% 6.58% % 2015 Total population: 45 to 49 years 5.10% 5.56% 5.80% % 2015 Total population: 50 to 54 years 5.72% 5.77% 5.94% % 2015 Total population: 55 to 59 years 4.78% 4.97% 5.18% % 2015 Total population: 60 to 64 years 3.53% 3.90% 3.89% % 2015 Total population: 65 to 69 years 2.71% 3.19% 2.84% % 2015 Total population: 70 to 74 years 2.30% 2.40% 2.05%
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 1.42% 1.60% 1.35% % 2015 Total population: 80 to 84 years 1.00% 1.02% 0.88% % 2015 Total population: 85 years and over 0.51% 0.82% 0.70% 2015 White alone 4,443 41,483 109,303 2015 Black or African American alone 1,746 18,093 32,204 2015 American Indian and Alaska Native alone 269 2,648 6,927 2015 Asian alone 140 1,816 4,584 2015 Native Hawaiian and OPI alone 35 220 534 2015 Some Other Race alone 4,863 33,108 71,858 2015 Two or More Races alone 549 4,438 10,446 2015 Hispanic 9,078 68,206 150,526 2015 Not Hispanic 2,967 33,600 85,330 % 2015 White alone 36.89% 40.75% 46.34% % 2015 Black or African American alone 14.50% 17.77% 13.65% % 2015 American Indian and Alaska Native alone 2.23% 2.60% 2.94% % 2015 Asian alone 1.16% 1.78% 1.94% % 2015 Native Hawaiian and OPI alone 0.29% 0.22% 0.23% % 2015 Some Other Race alone 40.37% 32.52% 30.47% % 2015 Two or More Races alone 4.56% 4.36% 4.43% % 2015 Hispanic 75.37% 67.00% 63.82% % 2015 Not Hispanic 24.63% 33.00% 36.18%
Demographics Population (Cont.) 1-mi. 3-mi. 5-mi. 2015 Not Hispanic: White alone 940 8,160 39,992 2015 Not Hispanic: Black or African American alone 1,256 14,736 23,279 2015 Not Hispanic: American Indian and Alaska Native alone 94 975 3,443 2015 Not Hispanic: Asian alone 23 291 1,168 2015 Not Hispanic: Native Hawaiian and OPI alone 5 55 158 2015 Not Hispanic: Some Other Race alone 5 51 157 2015 Not Hispanic: Two or More Races 46 691 1,885 % 2015 Not Hispanic: White alone 8.71% 9.99% 19.42% % 2015 Not Hispanic: Black or African American alone 11.64% 18.03% 11.30% % 2015 Not Hispanic: American Indian and Alaska Native alone 0.87% 1.19% 1.67% % 2015 Not Hispanic: Asian alone 0.21% 0.36% 0.57% % 2015 Not Hispanic: Native Hawaiian and OPI alone 0.05% 0.07% 0.08% % 2015 Not Hispanic: Some Other Race alone 0.05% 0.06% 0.08% % 2015 Not Hispanic: Two or More Races 0.43% 0.85% 0.92% Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/a Total: Establishements (NAICS) n/a n/a n/a
Demographics Population Change (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total Population 12,045 101,806 235,856 2015 Households 3,410 29,211 69,736 Population Change 2010-2015 981 7,408 16,114 Household Change 2010-2015 248 1,670 3,929 % Population Change 2010-2015 8.87% 7.85% 7.33% % Household Change 2010-2015 7.84% 6.06% 5.97% Population Change 2000-2015 1,254 20,084 29,873 Household Change 2000-2015 695 8,031 14,006 % Population Change 2000 to 2015 11.62% 24.58% 14.50% % Household Change 2000 to 2015 25.60% 37.92% 25.13% Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 2,887 22,626 60,312 2015 Occupied Housing Units 2,715 21,179 55,730 2015 Owner Occupied Housing Units 1,193 12,081 28,696 2015 Renter Occupied Housing Units 1,522 9,098 27,034 2015 Vacant Housings Units 172 1,446 4,583 % 2015 Occupied Housing Units 94.04% 93.60% 92.40%
Demographics Housing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 43.94% 57.04% 51.49% % 2015 Renter occupied housing units 56.06% 42.96% 48.51% % 2000 Vacant housing units 5.96% 6.39% 7.60% Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $30,165 $34,294 $34,470 2015 Household Income: Average $42,325 $51,017 $52,432 2015 Per Capita Income $12,053 $15,232 $16,583 2015 Household income: Less than $10,000 682 4,764 11,033 2015 Household income: $10,000 to $14,999 242 2,189 5,292 2015 Household income: $15,000 to $19,999 260 1,951 4,993 2015 Household income: $20,000 to $24,999 246 2,033 4,919 2015 Household income: $25,000 to $29,999 265 1,868 4,490 2015 Household income: $30,000 to $34,999 301 2,096 4,631 2015 Household income: $35,000 to $39,999 208 1,499 3,377 2015 Household income: $40,000 to $44,999 138 1,294 3,313 2015 Household income: $45,000 to $49,999 110 1,135 2,797 2015 Household income: $50,000 to $59,999 240 2,217 4,840 2015 Household income: $60,000 to $74,999 232 2,314 5,532 2015 Household income: $75,000 to $99,999 251 2,570 5,911 2015 Household income: $100,000 to $124,999 120 1,283 3,426 2015 Household income: $125,000 to $149,999 36 815 1,956 2015 Household income: $150,000 to $199,999 29 565 1,586
Demographics Income (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more 50 618 1,640 % 2015 Household income: Less than $10,000 20.00% 16.31% 15.82% % 2015 Household income: $10,000 to $14,999 7.10% 7.49% 7.59% % 2015 Household income: $15,000 to $19,999 7.62% 6.68% 7.16% % 2015 Household income: $20,000 to $24,999 7.21% 6.96% 7.05% % 2015 Household income: $25,000 to $29,999 7.77% 6.39% 6.44% % 2015 Household income: $30,000 to $34,999 8.83% 7.18% 6.64% % 2015 Household income: $35,000 to $39,999 6.10% 5.13% 4.84% % 2015 Household income: $40,000 to $44,999 4.05% 4.43% 4.75% % 2015 Household income: $45,000 to $49,999 3.23% 3.89% 4.01% % 2015 Household income: $50,000 to $59,999 7.04% 7.59% 6.94% % 2015 Household income: $60,000 to $74,999 6.80% 7.92% 7.93% % 2015 Household income: $75,000 to $99,999 7.36% 8.80% 8.48% % 2015 Household income: $100,000 to $124,999 3.52% 4.39% 4.91% % 2015 Household income: $125,000 to $149,999 1.06% 2.79% 2.80% % 2015 Household income: $150,000 to $199,999 0.85% 1.93% 2.27% % 2015 Household income: $200,000 or more 1.47% 2.12% 2.35% Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $912,311 $7,878,295 $18,813,055 2015 Jewelry stores $295,370 $2,642,140 $6,333,412 2015 Mens clothing stores $1,014,974 $8,955,055 $21,397,828 2015 Shoe stores $1,047,746 $9,173,425 $21,871,862
Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $1,646,330 $14,721,561 $35,152,110 2015 Automobile dealers $12,333,851 $111,604,850 $266,860,977 2015 Automotive parts and accessories stores $2,460,122 $22,111,070 $52,774,792 2015 Other motor vehicle dealers $344,084 $3,080,587 $7,363,113 2015 Tire dealers $1,102,033 $9,893,008 $23,599,601 2015 Hardware stores $46,552 $445,092 $1,058,015 2015 Home centers $469,447 $4,385,938 $10,411,873 2015 Nursery and garden centers $554,832 $5,173,112 $12,304,967 2015 Outdoor power equipment stores $265,631 $2,443,393 $5,772,041 2015 Paint andwallpaper stores $57,690 $532,240 $1,260,924 2015 Appliance, television, and other electronics stores $1,643,757 $14,945,356 $35,683,499 2015 Camera andphotographic supplies stores $119,743 $1,103,831 $2,660,838 2015 Computer andsoftware stores $4,759,911 $42,233,911 $100,961,975 2015 Beer, wine, and liquor stores $822,176 $7,343,473 $17,573,166 2015 Convenience stores $3,900,249 $34,176,575 $81,735,844 2015 Restaurant Expenditures $3,391,411 $30,326,451 $72,429,650 2015 Supermarkets and other grocery (except convenience) stores $13,993,931 $122,902,588 $293,066,301 2015 Furniture stores $1,194,913 $10,758,672 $25,677,999 2015 Home furnishings stores $4,107,847 $37,046,264 $88,290,294 2015 General merchandise stores $21,651,209 $195,267,635 $465,434,553 2015 Gasoline stations with convenience stores $11,850,799 $104,697,926 $249,802,677
Demographics Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $8,431,890 $74,688,357 $178,015,292 2015 Department stores (excl leased depts) $21,355,839 $192,625,495 $459,101,141 2015 General merchandise stores $21,651,209 $195,267,635 $465,434,553 2015 Other health and personal care stores $826,478 $7,484,156 $17,888,458 2015 Pharmacies and drug stores $3,400,504 $30,478,552 $72,586,972 2015 Pet and pet supplies stores $903,923 $8,169,046 $19,476,503 2015 Book, periodical, and music stores $129,093 $1,190,156 $2,855,198 2015 Hobby, toy, and game stores $406,914 $3,620,362 $8,633,820 2015 Musical instrument and supplies stores $37,277 $345,291 $832,964 2015 Sewing, needlework, and piece goods stores $70,425 $644,613 $1,534,747 2015 Sporting goods stores $369,301 $3,376,768 $8,129,284
Broker Profile Azad Zolnoorian Current Occupation: Licensed Real Estate Professional azad.zolnoorian@allazrealestate.com (602) 446-7000 License: SA524955000 Education: Organizations/Associations: Website: Arizona State UniversityBachelor of Science, General Building Construction Engineering & Management.Arizona State UniversityBachelor of Science, Residential Building Construction Engineering & Management. National Association of REALTORS, LoopNet, Inc. http://www.allazrealestate.com Realty ONE Group 21020 N Pima Road Scottsdale, AZ 85255