♦ The 55,000 square foot anchor, Galaxy Theatres, is now open. ♦ PAD #1 is located within Montesa Plaza and has Houghton Road frontage. ♦ Located in the heart of the upper middle class northeast Tucson sub-market. ♦ Houghton is being expanded to six lanes from I-10 to the south and to Tanque Verde Road to the north, making it the major north/south arterial in the far east section of Tucson. ♦ Montesa Plaza retailers include: Galaxy Theatres and Hops Sports Grill coming soon! Starbucks, Mama’s Pizza, Robeks Juice, GNC, Sally Beauty Supply, UPS Store, Cost Cutters, Scream Ice Cream and more. Description 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. 1.30.2019 MONTESA PLAZA PAD MONTESA PLAZA PAD MONTESA PLAZA PAD Property Highlights Location: 170 S. Houghton Road (PAD #1) SWC of Broadway Blvd. & Houghton Rd. Tucson, AZ Vacant PAD #1 Available: 4,000 SF Buildable Freestanding Building PAD on 24,024 SF of Land Sales Price: $650,000.00 Zoning: C-1 Terms: Cash Tax Parcel Number: 133-48-128E Broadway Blvd.: 13,865 VPD (2017) (Source: Pima Association of Governments And ADOT) Houghton Rd: 15,685 VPD (2017) Total: 29,550 VPD Traffic Counts Craig Finfrock, CCIM,CRX, CLS Craig Finfrock, CCIM,CRX, CLS Designated Broker [email protected]For information, contact: 5420 E. Broadway Blvd., Suite 200 Tucson, AZ 85711 Phone: 520-290-3200 Fax: 520-751-7465 www.cradvisorsllc.com COMMERCIAL RETAIL ADVISORS, LLC COMMERCIAL RETAIL ADVISORS, LLC Demographic Highlights 2018 Estimates 2018 Estimates 1 MI 1 MI 3 MI 3 MI 5 MI 5 MI Population: 8,957 62,147 144,514 Households: 3,654 26,599 61,992 Average HH Income: $93,314 $75,815 $73,229 (Source: ESRI, CCIM Site To Do Business 2016, US Census Bureau 2010) Polygon Polygon 74,099 30,054 $93,760 NOW NOW OPEN OPEN
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MONTESA PLAZA PAD...♦ The 55,000 square foot anchor, Galaxy Theatres, is now open. ♦ PAD #1 is located within Montesa Plaza and has Houghton Road frontage. ♦ Located in the heart
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♦ The 55,000 square foot anchor, Galaxy Theatres, is now open.
♦ PAD #1 is located within Montesa Plaza and has Houghton Road frontage.
♦ Located in the heart of the upper middle class northeast Tucson sub-market.
♦ Houghton is being expanded to six lanes from I-10 to the south and to Tanque Verde Road to the north, making it the major north/south arterial in the far east section of Tucson.
♦ Montesa Plaza retailers include: Galaxy Theatres and Hops Sports Grill coming soon! Starbucks, Mama’s Pizza, Robeks Juice, GNC, Sally Beauty Supply, UPS Store, Cost Cutters, Scream Ice Cream and more.
Description
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.
1.30.2019
M O N T E S A P L A Z A P A DM O N T E S A P L A Z A P A DM O N T E S A P L A Z A P A D
Property Highlights Location: 170 S. Houghton Road (PAD #1)
SWC of Broadway Blvd. & Houghton Rd. Tucson, AZ
Vacant PAD #1 Available: 4,000 SF Buildable Freestanding Building PAD on 24,024 SF of Land
Sales Price: $650,000.00
Zoning: C-1
Terms: Cash
Tax Parcel Number: 133-48-128E
Broadway Blvd.: 13,865 VPD (2017)
(Source: Pima Association of Governments And ADOT)
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
Executive SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Rings: 1, 3, 5 mile radii Longitude: -110.77275
1 mile 3 miles 5 milesPopulation
2000 Population 8,006 57,261 134,1072010 Population 8,900 59,944 139,2072018 Population 8,957 62,147 144,5142023 Population 9,104 63,928 148,9302000-2010 Annual Rate 1.06% 0.46% 0.37%2010-2018 Annual Rate 0.08% 0.44% 0.45%2018-2023 Annual Rate 0.33% 0.57% 0.60%2018 Male Population 48.2% 47.9% 48.0%2018 Female Population 51.8% 52.1% 52.0%2018 Median Age 46.2 45.1 44.5
In the identified area, the current year population is 144,514. In 2010, the Census count in the area was 139,207. The rate of change since 2010 was 0.45% annually. The five-year projection for the population in the area is 148,930 representing a change of 0.60% annually from 2018 to 2023. Currently, the population is 48.0% male and 52.0% female.
Median Age
The median age in this area is 46.2, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 83.0% 80.9% 79.2%2018 Black Alone 3.6% 4.6% 5.0%2018 American Indian/Alaska Native Alone 0.7% 1.2% 1.3%2018 Asian Alone 4.7% 3.6% 3.4%2018 Pacific Islander Alone 0.1% 0.2% 0.2%2018 Other Race 4.4% 5.5% 6.5%2018 Two or More Races 3.5% 4.1% 4.3%2018 Hispanic Origin (Any Race) 17.8% 20.5% 22.8%
Persons of Hispanic origin represent 22.8% 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 59.1 in the identified area, compared to 64.3 for the U.S. as a whole.
The household count in this area has changed from 59,967 in 2010 to 61,992 in the current year, a change of 0.40% annually. The five-year projection of households is 63,788, a change of 0.57% annually from the current year total. Average household size is currently 2.32, compared to 2.31 in the year 2010. The number of families in the current year is 38,104 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 SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Rings: 1, 3, 5 mile radii Longitude: -110.77275
1 mile 3 miles 5 milesMedian Household Income
2018 Median Household Income $76,699 $57,524 $54,4312023 Median Household Income $83,433 $63,483 $60,0372018-2023 Annual Rate 1.70% 1.99% 1.98%
Average Household Income
2018 Average Household Income $93,314 $75,815 $73,2292023 Average Household Income $105,961 $87,521 $85,0032018-2023 Annual Rate 2.57% 2.91% 3.03%
Per Capita Income2018 Per Capita Income $38,369 $32,662 $31,6222023 Per Capita Income $43,520 $37,616 $36,5972018-2023 Annual Rate 2.55% 2.86% 2.97%
Households by IncomeCurrent median household income is $54,431 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $60,037 in five years, compared to $65,727 for all U.S. households
Current average household income is $73,229 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $85,003 in five years, compared to $96,109 for all U.S. households
Current per capita income is $31,622 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $36,597 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 3,178 24,798 59,7092000 Owner Occupied Housing Units 2,614 16,773 38,7782000 Renter Occupied Housing Units 454 6,632 16,8962000 Vacant Housing Units 110 1,393 4,035
2010 Total Housing Units 3,792 27,570 65,6102010 Owner Occupied Housing Units 2,858 17,588 40,5992010 Renter Occupied Housing Units 775 8,108 19,3682010 Vacant Housing Units 159 1,874 5,643
2018 Total Housing Units 3,830 28,644 68,3262018 Owner Occupied Housing Units 2,816 17,457 40,7572018 Renter Occupied Housing Units 839 9,142 21,2362018 Vacant Housing Units 176 2,045 6,334
2023 Total Housing Units 3,893 29,487 70,4472023 Owner Occupied Housing Units 2,918 18,370 43,0392023 Renter Occupied Housing Units 790 8,958 20,7482023 Vacant Housing Units 185 2,159 6,659
Currently, 59.7% of the 68,326 housing units in the area are owner occupied; 31.1%, renter occupied; and 9.3% 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 65,610 housing units in the area - 61.9% owner occupied, 29.5% renter occupied, and 8.6% vacant. The annual rate of change in housing units since 2010 is 1.82%. Median home value in the area is $208,272, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 2.52% annually to $235,840.
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 SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Rings: 1, 3, 5 mile radii Longitude: -110.77275
Data for all businesses in area 1 mile 3 miles 5 milesTotal Businesses: 171 1,165 3,435Total Employees: 1,309 9,507 35,775Total Residential Population: 8,957 62,147 144,514Employee/Residential Population Ratio (per 100 Residents) 15 15 25
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.
Total 171 100.0% 1,309 100.0% 1,165 100.0% 9,507 100.0% 3,435 100.0% 35,775 100.0%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.
Executive SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Drive Time: 5, 10, 15 minute radii Longitude: -110.77275
5 minutes 10 minutes 15 minutesPopulation
2000 Population 27,470 113,227 212,3022010 Population 29,987 121,510 222,5062018 Population 30,833 125,946 231,5322023 Population 31,714 130,106 239,5812000-2010 Annual Rate 0.88% 0.71% 0.47%2010-2018 Annual Rate 0.34% 0.44% 0.48%2018-2023 Annual Rate 0.57% 0.65% 0.69%2018 Male Population 48.3% 48.0% 48.3%2018 Female Population 51.7% 52.0% 51.7%2018 Median Age 45.7 44.4 42.1
In the identified area, the current year population is 231,532. In 2010, the Census count in the area was 222,506. The rate of change since 2010 was 0.48% annually. The five-year projection for the population in the area is 239,581 representing a change of 0.69% annually from 2018 to 2023. Currently, the population is 48.3% male and 51.7% female.
Median Age
The median age in this area is 45.7, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 82.4% 79.7% 76.9%2018 Black Alone 3.8% 4.9% 5.3%2018 American Indian/Alaska Native Alone 1.3% 1.3% 1.4%2018 Asian Alone 4.0% 3.5% 3.5%2018 Pacific Islander Alone 0.2% 0.3% 0.3%2018 Other Race 4.7% 6.1% 8.0%2018 Two or More Races 3.7% 4.3% 4.6%2018 Hispanic Origin (Any Race) 19.0% 22.0% 25.8%
Persons of Hispanic origin represent 25.8% 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 63.2 in the identified area, compared to 64.3 for the U.S. as a whole.
The household count in this area has changed from 94,480 in 2010 to 97,976 in the current year, a change of 0.44% annually. The five-year projection of households is 101,205, a change of 0.65% annually from the current year total. Average household size is currently 2.34, compared to 2.33 in the year 2010. The number of families in the current year is 58,786 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 SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Drive Time: 5, 10, 15 minute radii Longitude: -110.77275
5 minutes 10 minutes 15 minutesMedian Household Income
2018 Median Household Income $64,843 $54,855 $52,2322023 Median Household Income $72,500 $60,622 $57,5432018-2023 Annual Rate 2.26% 2.02% 1.96%
Average Household Income
2018 Average Household Income $82,943 $73,469 $70,0192023 Average Household Income $95,359 $85,438 $81,5252018-2023 Annual Rate 2.83% 3.06% 3.09%
Per Capita Income2018 Per Capita Income $34,676 $31,714 $30,0242023 Per Capita Income $39,773 $36,746 $34,8272018-2023 Annual Rate 2.78% 2.99% 3.01%
Households by IncomeCurrent median household income is $52,232 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $57,543 in five years, compared to $65,727 for all U.S. households
Current average household income is $70,019 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $81,525 in five years, compared to $96,109 for all U.S. households
Current per capita income is $30,024 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $34,827 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 11,302 50,999 94,8802000 Owner Occupied Housing Units 8,618 32,980 57,7262000 Renter Occupied Housing Units 2,207 14,316 30,7332000 Vacant Housing Units 477 3,703 6,421
2010 Total Housing Units 13,194 57,358 104,0222010 Owner Occupied Housing Units 9,407 35,426 60,2252010 Renter Occupied Housing Units 3,083 16,958 34,2552010 Vacant Housing Units 704 4,974 9,542
2018 Total Housing Units 13,607 59,618 108,4952018 Owner Occupied Housing Units 9,166 35,511 60,6792018 Renter Occupied Housing Units 3,660 18,534 37,2972018 Vacant Housing Units 782 5,573 10,519
2023 Total Housing Units 13,999 61,566 112,5092023 Owner Occupied Housing Units 9,610 37,554 64,5122023 Renter Occupied Housing Units 3,561 18,145 36,6942023 Vacant Housing Units 828 5,867 11,304
Currently, 55.9% of the 108,495 housing units in the area are owner occupied; 34.4%, renter occupied; and 9.7% 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 104,022 housing units in the area - 57.9% owner occupied, 32.9% renter occupied, and 9.2% vacant. The annual rate of change in housing units since 2010 is 1.89%. Median home value in the area is $205,870, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 2.62% annually to $234,272.
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 SummaryMontesa Plaza Prepared by Esri100 S Houghton Rd, Tucson, Arizona, 85748 Latitude: 32.21952Drive Time: 5, 10, 15 minute radii Longitude: -110.77275
Data for all businesses in area 5 minutes 10 minutes 15 minutesTotal Businesses: 587 2,977 7,022Total Employees: 4,964 29,753 78,406Total Residential Population: 30,833 125,946 231,532Employee/Residential Population Ratio (per 100 Residents) 16 24 34
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.
Total 587 100.0% 4,964 100.0% 2,977 100.0% 29,753 100.0% 7,022 100.0% 78,406 100.0%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.
Executive SummaryTrade Area - Montesa Plaza Prepared by EsriArea: 67.85 square miles
Population2000 Population 61,0852010 Population 69,6812018 Population 74,0992023 Population 77,1772000-2010 Annual Rate 1.33%2010-2018 Annual Rate 0.75%2018-2023 Annual Rate 0.82%2018 Male Population 48.5%2018 Female Population 51.5%2018 Median Age 46.9
In the identified area, the current year population is 74,099. In 2010, the Census count in the area was 69,681. The rate of change since 2010 was 0.75% annually. The five-year projection for the population in the area is 77,177 representing a change of 0.82% annually from 2018 to 2023. Currently, the population is 48.5% male and 51.5% female.
Median Age
The median age in this area is 46.9, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 83.8%2018 Black Alone 3.5%2018 American Indian/Alaska Native Alone 1.1%2018 Asian Alone 3.4%2018 Pacific Islander Alone 0.2%2018 Other Race 4.2%2018 Two or More Races 3.7%2018 Hispanic Origin (Any Race) 18.0%
Persons of Hispanic origin represent 18.0% 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 50.3 in the identified area, compared to 64.3 for the U.S. as a whole.
Households2000 Households 23,4832010 Households 28,4412018 Total Households 30,0542023 Total Households 31,2052000-2010 Annual Rate 1.93%2010-2018 Annual Rate 0.67%2018-2023 Annual Rate 0.75%2018 Average Household Size 2.45
The household count in this area has changed from 28,441 in 2010 to 30,054 in the current year, a change of 0.67% annually. The five-year projection of households is 31,205, a change of 0.75% annually from the current year total. Average household size is currently 2.45, compared to 2.44 in the year 2010. The number of families in the current year is 21,015 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 SummaryTrade Area - Montesa Plaza Prepared by EsriArea: 67.85 square miles
Median Household Income2018 Median Household Income $72,8972023 Median Household Income $80,3502018-2023 Annual Rate 1.97%
Average Household Income
2018 Average Household Income $93,7602023 Average Household Income $108,5992018-2023 Annual Rate 2.98%
Per Capita Income2018 Per Capita Income $38,1282023 Per Capita Income $43,9912018-2023 Annual Rate 2.90%
Households by IncomeCurrent median household income is $72,897 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $80,350 in five years, compared to $65,727 for all U.S. households
Current average household income is $93,760 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $108,599 in five years, compared to $96,109 for all U.S. households
Current per capita income is $38,128 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $43,991 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 24,8472000 Owner Occupied Housing Units 19,9442000 Renter Occupied Housing Units 3,5392000 Vacant Housing Units 1,364
2010 Total Housing Units 30,4252010 Owner Occupied Housing Units 23,1252010 Renter Occupied Housing Units 5,3162010 Vacant Housing Units 1,984
2018 Total Housing Units 32,3032018 Owner Occupied Housing Units 23,8152018 Renter Occupied Housing Units 6,2392018 Vacant Housing Units 2,249
2023 Total Housing Units 33,6172023 Owner Occupied Housing Units 25,1502023 Renter Occupied Housing Units 6,0552023 Vacant Housing Units 2,412
Currently, 73.7% of the 32,303 housing units in the area are owner occupied; 19.3%, renter occupied; and 7.0% 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 30,425 housing units in the area - 76.0% owner occupied, 17.5% renter occupied, and 6.5% vacant. The annual rate of change in housing units since 2010 is 2.70%. Median home value in the area is $255,090, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 2.45% annually to $287,861.
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 SummaryTrade Area - Montesa Plaza Prepared by EsriArea: 67.85 square miles
Data for all businesses in areaTotal Businesses: 1,263Total Employees: 9,250Total Residential Population: 74,099Employee/Residential Population Ratio (per 100 Residents) 12
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.
Central Bank/Credit Intermediation & Related Activities 15 1.2% 108 1.2%Securities, Commodity Contracts & Other Financial Investments & Other Related Activities
19 1.5% 53 0.6%Insurance Carriers & Related Activities; Funds, Trusts & Other Financial Vehicles
Other Services (except Public Administration) 159 12.6% 776 8.4%Automotive Repair & Maintenance 10 0.8% 42 0.5%
Public Administration 3 0.2% 175 1.9%
Unclassified Establishments 80 6.3% 20 0.2%
Total 1,263 100.0% 9,250 100.0%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.