♦ Shopping Center is Anchored by a 49,273 square foot Albertsons. ♦ Very successful Buffalo Wild Wings Restaurant. ♦ Located in the heart of the upper middle class northeast Tucson sub-market. ♦ Broadway widening project underway from Camino Seco to Houghton Road. Highlights The information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer/tenants should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or select experts with respect to legal, tax, environment, building construction, soils-drainage, or other such matters. Commercial Retail Advisors, LLC represents the owner of the property in any transaction contemplated by this brochure and does not represent the tenant. Craig Finfrock, CCIM,CRX, CLS Designated Broker [email protected]For information, contact: 6.21.2019 5420 E. Broadway Blvd., Suite 200 Tucson, AZ 85711 Phone: 520-290-3200 Fax: 520-751-7465 www.cradvisorsllc.com COMMERCIAL RETAIL ADVISORS, LLC BROADWAY ALBERTSONS BROADWAY ALBERTSONS BROADWAY ALBERTSONS CENTER CENTER CENTER - SHOPS B SHOPS B SHOPS B Demographic Highlights 2018 Estimates 1 Mile 3 Miles 5 Miles Population: 13,687 83,797 172,298 Households: 5,739 36,896 74,189 Average HH Income: $77,259 $68,084 $70,065 (Source: ESRI, CCIM Site To Do Business, US Census Bureau 2010) Broadway Blvd.: 19,438 VPD (2018) (Source: Pima Association of Governments and ADOT) Harrison Rd.: 17,514 VPD (2018 Total: 36,952 VPD Traffic Count Property Description Location: NEC of Harrison Rd. & Broadway Blvd. 64 N. Harrison Road Tucson, AZ 85748 Space Available: 1,370 SF In-line 1,950 SF In-line Lease Rate: $7.00/SF Year One Increasing to $14.00/SF Year Five Zoning: C-1 Triple Net Expenses: $5.71/SF/YR (estimated)
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♦ Shopping Center is Anchored by a 49,273 square foot Albertsons.
♦ Very successful Buffalo Wild Wings Restaurant. ♦ Located in the heart of the upper middle class northeast Tucson
sub-market. ♦ Broadway widening project underway from Camino Seco to
Houghton Road.
Highlights
The information contained herein was obtained from third parties, and it has not been independently verified by the real estate brokers. Buyer/tenants should have the experts of their choice inspect the property and verify all information. Real estate brokers are not qualified to act as or select experts with respect to legal, tax, environment, building construction, soils-drainage, or other such matters. Commercial Retail Advisors, LLC represents the owner of the property in any transaction contemplated by this brochure and does not represent the tenant.
B R O A D W A Y A L B E R T S O N S B R O A D W A Y A L B E R T S O N S B R O A D W A Y A L B E R T S O N S C E N T E R C E N T E R C E N T E R --- S H O P S B S H O P S B S H O P S B
Demographic Highlights 2018 Estimates 1 Mile 3 Miles 5 Miles Population: 13,687 83,797 172,298
Households: 5,739 36,896 74,189 Average HH Income: $77,259 $68,084 $70,065
(Source: ESRI, CCIM Site To Do Business, US Census Bureau 2010)
Broadway Blvd.: 19,438 VPD (2018)
(Source: Pima Association of Governments and ADOT)
Harrison Rd.: 17,514 VPD (2018 Total: 36,952 VPD
Traffic Count
Property Description Location: NEC of Harrison Rd. & Broadway Blvd.
64 N. Harrison Road Tucson, AZ 85748
Space Available: 1,370 SF In-line 1,950 SF In-line
Lease Rate: $7.00/SF Year One Increasing to $14.00/SF Year Five
Zoning: C-1
Triple Net Expenses: $5.71/SF/YR (estimated)
6.21.2019
S I T E P L A N
Broadway Albertsons Center Tucson, Arizona COMMERCIAL RETAIL ADVISORS, LLC
# Tenant Address SF
11 Available By Other (NAP) 60 N. Harrison Rd., Suite A120 1,300
12 Girlfriends Closet (NAP) 60 N. Harrison Rd., Suite A110 1,625
13 Posh Paws Grooming (NAP) 60 N. Harrison Rd., Suite A100 975
14 Albertsons (NAP) 9595 E. Broadway Blvd. 49,273
15 Supercuts (NAP) 9505 E. Broadway Blvd., Suite 101
16 O P Nails (NAP) 9505 E. Broadway Blvd., Suite102 3,596
17 Papa John’s Pizza (NAP) 9505 E. Broadway Blvd., Suite103
18 Buffalo Wild Wings (NAP) 68 N. Harrison Rd. 5,985
19 TMC One (NAP) 70 N. Harrison Rd. 7,143
TOTAL GLA: 93,797
20 Tucson Pool & Spa (NAP) 170 N. Harrison Rd. 7,000
# Tenant Address SF
1 AVAILABLE 64 N. Harrison Rd., Suite B100 1,370
2 Little Caesar’s Pizza 64 N. Harrison Rd., Suite B110 1,230
3 Sushi Nara 64 N. Harrison Rd., Suite B120 1,950
4 AVAILABLE 64 N. Harrison Rd., Suite B140 1,950
5 Star Smoke Shop 64 N. Harrison Rd., Suite B150 1,300
6 64 N. Harrison Rd., Suite B160 2,600
7 Inverse Jiu-Jitsu Yoga (NAP) 60 N. Harrison Rd., Suite A170 2,600
8 Serenity Nail Spa (NAP) 60 N. Harrison Rd., Suite A150 1,300
9 H&R Block (NAP) 60 N. Harrison Rd., Suite A140 1,300
10 Manolo’s Barber Shop (NAP) 60 N. Harrison Rd., Suite A13 1,300
Psychosomatic Transformation Center
Broadway Albertsons Center Tucson, Arizona COMMERCIAL RETAIL ADVISORS, LLC
6.21.2019
T R A D E A R E A
4.10.17 Source: Bright Future Real Estate Research LLC
Broadway Albertsons Center Tucson, Arizona COMMERCIAL RETAIL ADVISORS, LLC
H O U S I N G S T U D Y
4.10.17
A C T I V E S U B D I V I S I O N S # Subdivision Builder Location Total Lots Vacant Lots Specs
1 BEAR CANYON OVERLOOK A F STERLING SE SNYDER RD & BEAR CANYON RD 15 1 1
2 SANTA CATALINA - TERRITORY MARACAY HOMES SE SNYDER RD & BONANZA RD 10 7 0
3 SANTA CATALINA - RANCHES MARACAY HOMES SW SNYDER RD & HARRISON RD 24 11 3
4 MOLINO CANYON ESTATES PULTE HOMES SE CATALINA HWY & PRINCE RD 11 10 1
5 DESERT WILLOW RANCH PULTE HOMES NE TANQUE VERDE RD & HOUGHTON RD 49 27 1
7 THE SCHOOLYARD PEPPER VINER HOMES NWC WRIGHTSTOWN & AVE RICARDO SMALL 56 30 1
8 THE MESQUITES AT WRIGHTSTOWN MESQUITE HOMES SW HARRISON RD & WRIGHTSTOWN RD 12 4 0
9 RED COLT RANCH A F STERLING NE OLD SPANISH TR & 22ND ST 21 6 2
10 VILLAS ESCALANTE KB HOME NEC ESCALANTE RD & PRUDENCE RD 46 33 1
11 LA CIMA ESPLENDORA KB HOME SW HOUGHTON RD & ESCALANTE RD 57 0 1
12 CIVANO PRESIDIO PEPPER VINER HOMES NE HOUGHTON RD & DREXEL RD 11 0 2
13 SIERRA MORADO - CACTUS & CANYON SERIES PULTE HOMES SE DREXEL RD & MELPOMENE WY 173 20 8
14 SIERRA MORADO - COURTYARD & SKYLINE SERIES PULTE HOMES HOUGHTON RD & DREXEL RD 991 19 2
Totals (29) 3314 870 66
Source: Bright Future Real Estate Research LLC
F U T U R E S U B D I V I S I O N S # Subdivision Owner Location Plat Number Total Lots 1 GHOST RIVER RANCH TRUBEE, QUINN NW BEAR CANYON RD & CATALINA HWY B62P97 16
2 ELEMENTARY PLACE (FORMER VAN HORNE SCHOOL) PEPPER VINER HOMES SWC PIMA ST & FREMMING ST 20163230723 54
3 ROBB HILL ESTATES LENNAR HOMES SE SPEEDWAY BLVD & PANTANO RD 20153410487 53
5 RANCHO SOLDADOS RANCHO SOLDADOS DEVELOPMENT CO NE TANQUE VERDE RD & SOLDIER TR B62P86 100
6 MOSAIC COURT 4D PROPERTIES WILMOT RD, S OF GOLF LINKS RD 20110700442 48
7 MANITOBA DEVELOPMENT ACM VENTURES LLC NE PANTANO RD & ESCALANTE RD 20163280709 12
8 RANCHO REINA RICHMOND AMERICAN NE OLD SPANISH TRAIL & HOUGHTON RD 20163200543 25
9 RINCON FOOTHILLS ESTATES CONSERVATION THE LAND HOLDINGS GROUP NE OLD SPANISH TR & DREXEL RD ALIGN B60P29 14
10 CIVANO WEST MATTAMY HOMES W SIDE OF HOUGHTON ACROSS FROM CIVANO TBD 600
Totals (44) 11,416
Broadway Albertsons Center Tucson, Arizona COMMERCIAL RETAIL ADVISORS, LLC
H O U S I N G S T U D Y
Site MapBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Rings: 1, 3, 5 mile radii Longitude: -110.78961
Executive SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Rings: 1, 3, 5 mile radii Longitude: -110.78961
1 mile 3 miles 5 milesPopulation
2000 Population 12,456 77,499 163,7142010 Population 13,380 81,165 166,0422018 Population 13,687 83,797 172,2982023 Population 14,023 86,143 177,7022000-2010 Annual Rate 0.72% 0.46% 0.14%2010-2018 Annual Rate 0.28% 0.39% 0.45%2018-2023 Annual Rate 0.49% 0.55% 0.62%2018 Male Population 47.8% 47.7% 48.2%2018 Female Population 52.2% 52.3% 51.8%2018 Median Age 43.7 44.4 43.7
In the identified area, the current year population is 172,298. In 2010, the Census count in the area was 166,042. The rate of change since 2010 was 0.45% annually. The five-year projection for the population in the area is 177,702 representing a change of 0.62% annually from 2018 to 2023. Currently, the population is 48.2% male and 51.8% female.
Median Age
The median age in this area is 43.7, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 81.8% 79.3% 78.1%2018 Black Alone 4.1% 5.1% 5.2%2018 American Indian/Alaska Native Alone 1.0% 1.3% 1.3%2018 Asian Alone 4.2% 3.7% 3.4%2018 Pacific Islander Alone 0.2% 0.3% 0.3%2018 Other Race 4.9% 6.0% 7.3%2018 Two or More Races 3.8% 4.3% 4.4%2018 Hispanic Origin (Any Race) 19.4% 22.0% 24.2%
Persons of Hispanic origin represent 24.2% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 61.1 in the identified area, compared to 64.3 for the U.S. as a whole.
The household count in this area has changed from 71,635 in 2010 to 74,189 in the current year, a change of 0.43% annually. The five-year projection of households is 76,451, a change of 0.60% annually from the current year total. Average household size is currently 2.30, compared to 2.30 in the year 2010. The number of families in the current year is 44,488 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
Executive SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Rings: 1, 3, 5 mile radii Longitude: -110.78961
1 mile 3 miles 5 milesMedian Household Income
2018 Median Household Income $60,873 $51,852 $52,1762023 Median Household Income $67,513 $56,502 $57,2772018-2023 Annual Rate 2.09% 1.73% 1.88%
Average Household Income
2018 Average Household Income $77,259 $68,084 $70,0652023 Average Household Income $89,597 $78,784 $81,3182018-2023 Annual Rate 3.01% 2.96% 3.02%
Per Capita Income2018 Per Capita Income $32,753 $30,241 $30,5222023 Per Capita Income $37,894 $34,888 $35,3322018-2023 Annual Rate 2.96% 2.90% 2.97%
Households by IncomeCurrent median household income is $52,176 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $57,277 in five years, compared to $65,727 for all U.S. households
Current average household income is $70,065 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $81,318 in five years, compared to $96,109 for all U.S. households
Current per capita income is $30,522 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $35,332 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 5,122 35,958 73,5022000 Owner Occupied Housing Units 3,667 22,216 45,0632000 Renter Occupied Housing Units 1,243 10,899 23,3752000 Vacant Housing Units 212 2,843 5,064
2010 Total Housing Units 5,883 39,361 78,7292010 Owner Occupied Housing Units 3,894 23,113 46,4452010 Renter Occupied Housing Units 1,696 12,771 25,1902010 Vacant Housing Units 293 3,477 7,094
2018 Total Housing Units 6,066 40,785 81,9102018 Owner Occupied Housing Units 3,782 22,754 46,4272018 Renter Occupied Housing Units 1,957 14,142 27,7632018 Vacant Housing Units 327 3,889 7,721
2023 Total Housing Units 6,229 41,946 84,5782023 Owner Occupied Housing Units 3,994 23,946 49,1172023 Renter Occupied Housing Units 1,888 13,912 27,3342023 Vacant Housing Units 347 4,089 8,127
Currently, 56.7% of the 81,910 housing units in the area are owner occupied; 33.9%, renter occupied; and 9.4% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 78,729 housing units in the area - 59.0% owner occupied, 32.0% renter occupied, and 9.0% vacant. The annual rate of change in housing units since 2010 is 1.78%. Median home value in the area is $202,528, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 2.65% annually to $230,827.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
Business SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Rings: 1, 3, 5 mile radii Longitude: -110.78961
Data for all businesses in area 1 mile 3 miles 5 milesTotal Businesses: 241 1,929 4,780Total Employees: 1,879 18,314 53,689Total Residential Population: 13,687 83,797 172,298Employee/Residential Population Ratio (per 100 Residents) 14 22 31
Source: Copyright 2018 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2018.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.
Business SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Rings: 1, 3, 5 mile radii Longitude: -110.78961
Total 241 100.0% 1,879 100.0% 1,929 100.0% 18,314 100.0% 4,780 100.0% 53,689 100.0%Source: Copyright 2018 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2018.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.
Site MapBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Drive Time: 5, 10, 15 minute radii Longitude: -110.78961
Executive SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Drive Time: 5, 10, 15 minute radii Longitude: -110.78961
5 minutes 10 minutes 15 minutesPopulation
2000 Population 32,542 112,852 196,7862010 Population 34,737 117,226 204,2452018 Population 35,715 121,191 212,8102023 Population 36,651 124,803 219,8402000-2010 Annual Rate 0.65% 0.38% 0.37%2010-2018 Annual Rate 0.34% 0.40% 0.50%2018-2023 Annual Rate 0.52% 0.59% 0.65%2018 Male Population 47.8% 47.8% 48.2%2018 Female Population 52.2% 52.2% 51.8%2018 Median Age 43.9 44.2 42.8
In the identified area, the current year population is 212,810. In 2010, the Census count in the area was 204,245. The rate of change since 2010 was 0.50% annually. The five-year projection for the population in the area is 219,840 representing a change of 0.65% annually from 2018 to 2023. Currently, the population is 48.2% male and 51.8% female.
Median Age
The median age in this area is 43.9, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 81.0% 79.0% 77.1%2018 Black Alone 4.6% 5.1% 5.3%2018 American Indian/Alaska Native Alone 1.2% 1.3% 1.4%2018 Asian Alone 3.6% 3.5% 3.5%2018 Pacific Islander Alone 0.2% 0.3% 0.3%2018 Other Race 5.3% 6.5% 8.0%2018 Two or More Races 4.1% 4.4% 4.6%2018 Hispanic Origin (Any Race) 20.1% 22.9% 25.5%
Persons of Hispanic origin represent 25.5% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 62.9 in the identified area, compared to 64.3 for the U.S. as a whole.
The household count in this area has changed from 88,066 in 2010 to 91,425 in the current year, a change of 0.45% annually. The five-year projection of households is 94,319, a change of 0.63% annually from the current year total. Average household size is currently 2.30, compared to 2.29 in the year 2010. The number of families in the current year is 53,892 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
Executive SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Drive Time: 5, 10, 15 minute radii Longitude: -110.78961
5 minutes 10 minutes 15 minutesMedian Household Income
2018 Median Household Income $57,868 $52,597 $51,3772023 Median Household Income $64,071 $57,721 $56,4612018-2023 Annual Rate 2.06% 1.88% 1.91%
Average Household Income
2018 Average Household Income $73,373 $69,583 $69,0992023 Average Household Income $84,786 $80,755 $80,5482018-2023 Annual Rate 2.93% 3.02% 3.11%
Per Capita Income2018 Per Capita Income $31,827 $30,543 $30,1022023 Per Capita Income $36,675 $35,335 $34,9722018-2023 Annual Rate 2.88% 2.96% 3.04%
Households by IncomeCurrent median household income is $51,377 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $56,461 in five years, compared to $65,727 for all U.S. households
Current average household income is $69,099 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $80,548 in five years, compared to $96,109 for all U.S. households
Current per capita income is $30,102 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $34,972 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 14,488 51,793 89,1762000 Owner Occupied Housing Units 9,700 32,618 53,3622000 Renter Occupied Housing Units 3,932 15,301 29,6842000 Vacant Housing Units 856 3,874 6,130
2010 Total Housing Units 16,281 56,588 97,0652010 Owner Occupied Housing Units 10,147 33,751 55,5202010 Renter Occupied Housing Units 5,048 17,646 32,5462010 Vacant Housing Units 1,086 5,191 8,999
2018 Total Housing Units 16,759 58,698 101,3302018 Owner Occupied Housing Units 9,921 33,587 55,9332018 Renter Occupied Housing Units 5,661 19,357 35,4922018 Vacant Housing Units 1,176 5,754 9,905
2023 Total Housing Units 17,198 60,479 104,7762023 Owner Occupied Housing Units 10,438 35,475 59,3882023 Renter Occupied Housing Units 5,527 18,962 34,9312023 Vacant Housing Units 1,233 6,042 10,457
Currently, 55.2% of the 101,330 housing units in the area are owner occupied; 35.0%, renter occupied; and 9.8% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 97,065 housing units in the area - 57.2% owner occupied, 33.5% renter occupied, and 9.3% vacant. The annual rate of change in housing units since 2010 is 1.93%. Median home value in the area is $204,258, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 2.65% annually to $232,841.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
Business SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Drive Time: 5, 10, 15 minute radii Longitude: -110.78961
Data for all businesses in area 5 minutes 10 minutes 15 minutesTotal Businesses: 748 3,195 6,669Total Employees: 5,862 33,554 74,929Total Residential Population: 35,715 121,191 212,810Employee/Residential Population Ratio (per 100 Residents) 16 28 35
Source: Copyright 2018 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2018.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.
Business SummaryBroadway Albertsons Center - Shops B Prepared by Esri64 N Harrison Rd, Tucson, Arizona, 85748 Latitude: 32.22157Drive Time: 5, 10, 15 minute radii Longitude: -110.78961
Total 748 100.0% 5,862 100.0% 3,195 100.0% 33,554 100.0% 6,669 100.0% 74,929 100.0%Source: Copyright 2018 Infogroup, Inc. All rights reserved. Esri Total Residential Population forecasts for 2018.Date Note: Data on the Business Summary report is calculated using Esri’s Data allocation method which uses census block groups to allocate business summary data to custom areas.