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o f f e r i n g m e m o r a n d u m
19027 NORTH 83RD AVENUEPEORIA, ARIZONA 85382
New RiverPlaza
The information contained herein was compiled by
Newmark Grubb Knight Frank with the understanding
that it is proprietary and any reproduction or
unauthorized use is expressly forbidden without the
prior written consent of Newmark Grubb Knight Frank.
This package is presented with the understanding that
all negotiations relating to the purchase, exchange
or lease of the described property shall be conducted
through this office.
The information contained herein has been obtained
from the owner or from other sources we deem reliable.
We do not, however, guarantee its accuracy. A prospective
buyer is expected to carefully investigate not only the
information assembled herein, but also the property
itself. All figures, statements and assumptions should be
carefully verified for accuracy. Since the purchase of this
property depends in part on your investment objectives,
we encourage each investor to have their CPA, attorney
and/or financial advisor evaluate this information prior
to entering into a transaction.
Newmark Grubb Knight Frank and their respective agents
and employees, make no warranty or representation
regarding and disclaim any duty to evaluate (i) the
validity or accuracy of this method of analysis, (ii) the
accuracy of any estimates or assumptions upon which
this analysis is based, (iii) the future income that the
property will produce, or (iv) any tax consequences
arising from the acquisition or ownership of the property.
TABLE OF CONTENTSE
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DAVID GUIDOManaging Director
Phoenix Office602.952.3875
dguido@ngkf.com
TIM WESTFALLManaging Director
Phoenix Office602.952.3822
twestfall@ngkf.com
Investment Summary
I . INVESTMENT SUMMARY 44
Area Overview
I I . AREA OVERVIEW 5
Property Overview
Aerials
Site
Tenant Profiles
Comparative Property Set
I I I . PROPERTY OVERVIEW 6
9
11
12
13
On Market Comparables
Sales Comparables
Income Expense
Rent Roll
Cash Flow Projection
Demographics
IV. ASSET VALUATION 14
15
16
17
18
19
RYAN MORONEYAssociate Director
Phoenix Office602.952.3820
rmoroney@ngkf.com
INVESTMENT SUMMARY
Investment Highlights
AN OPPORTUNITY TO ACQUIRE A STABILIZED MULTI-TENANT RETAIL ASSET IN PEORIA, ARIZONA.
Strategically developed on the northwest corner of Loop 101 and Union Hills Drive, the New
River Plaza offering is home to a balanced mix of tenants on triple net leases and is currently
100% occupied. A strong demographic foundation in conjunction with well-known national and
regional users in the immediate trade area make this center an attractive opportunity now, and
looking into the future.
Average household incomes exceed $80,000 with a median age of 44. This retail center is a
strong mixture of tenants providing an array of offerings.
New River Plaza is uniquely positioned within a trade area with pent-up demand for retail space.
Demand for space in a low supply market, along with below market rents, should contribute to
dynamic income growth for the prospective investor.
OFFERING PRICE $6,250,000.00
CAP RATE (YEAR 1) 6.25%
NOI (YEAR 1) $391,039.00
CURRENT OCCUPANCY 100%
TOTAL BUILDING AREA 15,300 SF
TOTAL LAND AREA 1.39 ACRES
• Serving the dense Camino A Lago master-planned community
• Adjacent to a signalized intersection
• Just North of QuikTrip and Walmart Supercenter
• Newly constructed building
• Heavy traffic counts along 83rd Avenue
• Low vacancy submarket with pent-up retail demand
4New River Plaza
AREA OVERVIEW
PEORIA, ARIZONAOne of the fastest growing cities over the last 30 years, Peoria is emerging as a center for innovation. By
combining outstanding recreational opportunities and great quality of life with STEM-focused higher
education and high-tech employment, Peoria is becoming an increasingly popular place to live and work.
STRATEGIC LOCATION - Peoria is accessible via the Loop 101, U.S. 60, Loop 303 which connects Interstates 10
and 17 and provides unparalleled access to northern Peoria.
P83 INNOVATION CENTER - Peoria’s Innovation Center Project at P83 is a 17-acre campus offering Class A,
mixed-use commercial space to attract innovation and tech companies.
AMPLE LAND - Peoria offers dozens of shovel-ready sites along major arterials and two mega sites ideal for
corporate and industrial projects.
PLAY OUTDOORS - Two regional parks and 33 community parks offer plenty of options to get outdoors.
CAMINO A LAGO - The majority of homes in this community are single-family homes built between 2005
and 2017. These homes offer 2 to 7 bedrooms and 2 to 5 bathrooms. Residences range in size from 1165 to
5158 square feet in living space. Prices of homes for sale in Camino a Lago currently range from $195,000 to
$740,000.
BY THE NUMBERS
39% 17% 83More than 39% of
Peoria’s highly-skilled workforce has a 2-year
degree or higher
Peoria Unified District is in the top 17% of districts nationwide
The P83 Entertainment District is home to
numerous dining and recreational venues
P83 Entertainment District Conceptual Aerial
5New River Plaza
PROPERTY OVERVIEW
Pro
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iew
PROPERTY ADDRESS 19027 North 83rd Avenue, Peoria
LOCATION North/South Street – 83rdAvenueEast/West Street – Union Hills Drive
PROPERTY TYPE Retail
TOTAL BUILDING SF ±15,300 SF
LAND ACRES ±1.39 Acres
TAX PARCEL NUMBER 231-11-090
PROPERTY TAXES $32,571.14
ZONING PAD
YEAR BUILT 2007
UNION HILLS DRIVE
6New River Plaza
PROPERTY OVERVIEW
Pro
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7New River Plaza
PROPERTY OVERVIEW
8New River Plaza
Aer
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PROPERTY OVERVIEW
UNION HILLS DRIVE
BELL ROAD
75TH
AV
ENU
E
91ST
AV
ENU
E
9New River Plaza
PROPERTY OVERVIEW
UNION HILLS DRIVE
83RD
AVEN
UE
Phoenix
NAIL HAVEN
VPD
: 35,
021
10New River Plaza
Site
PROPERTY OVERVIEW
83RD
AV
ENU
E
VPD
: 35,
021
11New River Plaza
PROPERTY OVERVIEWPROPERTY OVERVIEW
Ten
ant
Pro
file
s
Firmly rooted in the United States since 1925, Dunn-Edwards Paints ® began a small, family-owned business that — through hard work and commitment to quality — has grown to become one of the country’s largest independent manufacturers and distributors of paints and painting supplies.
We are committed to providing the superior products and services that our customers have come to expect. From Staples Center Arena and the Wynn and Encore resorts, to Arizona State University and the San Francisco Federal Courthouse — landmark after landmark across the Southwest is painted with one brand: Dunn-Edwards. Why? Simply, it’s the highest-quality paint available.
BMC Mattress, one of the largest mattress liquidators in the nation selling top brand mattresses up to 60%-70% off MSRP. BMC Mattress is family-owned and operated and the mattresses are locally made.
SouthWest Bikes has been serving the north valley of Phoenix since 1995. The crew at SWB is a friendly, helpful and knowledgeable bunch that would most likely be lost without cycling in our lives. It is both our hobby and our livelihood - we probably couldn’t do anything else. And it doesn’t matter the type of bike you have or are interested in, we just want you to love cycling as much as we do.
12New River Plaza
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PROPERTY OVERVIEW
Property Name Property Location GLA/SF Available Vacancy Asking Rates (PSF) Major Tenants
New River Plaza19027 N 83rd Ave Peoria, AZ 85382
15,300 SF/0 SF 0% $22.00 Dunn Edwards PaintBMC MattressSouthwest Bikes
Arrowhead Gateway17560-17570 N 75th Ave Glendale, AZ 85308
35,684 SF/1,774 SF 5% $24.00 Salon Boutique, Red Mountain Weight Loss, Armed Forces Recruiting, Light Rx
Il Palazzo5940 W Union Hills Dr Glendale, AZ 85308
25,384 SF/4,160 SF 14% $24.00 Medifast, Cactus Children's Clinic, Rita's Italian Ice, Farmer's Insurance
Paradise View Plaza18969 N 83rd Ave Peoria, AZ 85382
11,422 SF/4,000 SF 35% $25.00 Hall of Frames, Nail Haven, Massage Haven
Northwest Valley Marketplace
9245 W Union Hills Dr Peoria, AZ 85382
36,457 SF/10,773 SF 29% $14-$18Subway, Streets of New York, Westbrook Animal Hospital, Maria's Hair
Glendale Northwest Center
8251 W Union Hills Dr Glendale, AZ 85308
14,822 SF/3,467 SF 25% $28.00 Rita's Italian Ice, Sport Clips, GameStop, Starbucks, Goodwill Donation Center
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13New River Plaza
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ASSET VALUATION
Address Date Sold Price Cap Rate Land Area (±SF) RBA (±SF) Price PSF Notable Tenants
New River Plaza 19027 N 83rd AvePeoria, AZ
TBD $6,250,000 6.25% 60,548 15,300 $408.50Dunn Edwards Paints, SouthWest Bikes, BMC Mattress
Shops at Killeen Mall2309 E Central Texas ExpresswayKilleen, TX 78543
TBD $4,000,000 6.70% 64,599 9,040 $442.47Mattress1One, Fe-dEx Office, Verizon Wireless
Terry Lee CrossingNoblesville, IN
TBD $5,000,000 6.01% 93,218 11,314 441.93Verizon Wireless, Dental Works, Long’s Mattress
Circle Square2713 Janitell RoadColorado Springs, CO 80906
TBD $5,130,000 6.50% 58,806 15,000 $342.00Batteries+Bulbs, Total Wine & Liquor
Glendale Northwest CenterLoop 101 & 83rd AvenueGlendale, AZ
TBD $5,950,000 6.25% 110,642 16,706 $356.16First Watch, One Stop Nutrition, GoWireless
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14New River Plaza
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ASSET VALUATION
Address Date Sold Price Cap Rate Land Area (±SF) RBA (±SF) Price PSF Notable Tenants
New River Plaza 19027 N 83rd AvePeoria, AZ
TBD $6,250,000 6.25% 60,548 15,300 $408.50
Dunn Edwards Paints, South-West Bikes, BMC Mattress
7510 W Aspera Blvd Glendale, AZ
June 2016 $4,545,000 6.00% 54,673 7,871 $577.44 Starbucks, Fired Pie, Friendly Smiles Dentistry
Ocotillo Village Shops B1155 W Ocotillo Road Chandler, AZ
May 2017 $6,000,000 6.10% 50,778 11,142 $538.50 NextCare Urgent Care, Fired Pie
Surprise Village Marketplace 16581W Bell Rd Surprise, AZ
March 2017 $4,500,000 6.58% 84,506 11,815 $380.87 Pet Club, Sport Clips, Dickies BBQ
Trellis on Bell950 E Bell RoadPhoenix, AZ
August 2017 $6,599,000 6.27% 72,310 12,087 $545.96Cafe Rio, Blaze Pizza, Smash-burger
Shoppes at Copper Point3570 S Val Vista DrGilbert, AZ 85297
September 2017
$6,350,000 6.23% 41,382 15,086 $420.92Fidelity Title, SimonMed Imaging
Towne Center at San Tan Heights3071, 3125, 3061 W Hunt HwyQueen Creek, AZ
August 2017 $5,400,000 7.66% 591,545 18,529 $291.44Domino’s Pizza, Lil Einstein’s Academy
Litchfield Marketplace13810 W Camelback RdLitchfield Park, AZ
May 2017 $9,675,000 6.29% 92,347 18,800 $514.63Oasis Dental, Little Caesar’s, SuperCuts
Parkway Village15557 W Roosevelt StGoodyear, AZ
July 2017 $5,580,000 7.00% 132,266 19,898 $280.43Pizza Hut, Wing Street, Filiberto’s
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15New River Plaza
ASSET VALUATION
Inco
me
Exp
ense
Annualized Pro-Forma Operating Data
Scheduled Gross Income: $391,039.00
Plus Overage:
Plus CAM Reimbusements: $72,216.00
TOTAL INCOME: $463,221.00
Less Vacancy Factor: 0% $0.00
GROSS OPERATING INCOME: $463,221.00
Less Operating Expenses: $72,182 .00
NET OPERATING INCOME: $391,039.00
Annualized Pro-Forma Expenses:
Taxes $32,571.14
Operating Expenses $72,182.00
MANAGEMENT $10,800.00
REIMBURSABLE EXPENSES $72,216.00
TOTAL EXPENSES PER SQ. FT. $4.72
PARCEL NUMBER231-11-090
Summary
List Price: $6,250,000.00
CAP @ List: 6.25%
Approximate Gross Sq. Ft.: 15,300
Price Per Gross Sq. Ft.: $408.50
Annual Rent Per Sq. Ft.: $25.56
Annual Expenses Per Sq. Ft.: $4.72
Year Built: 2007
Approximate Lot Size: 1.39 acres
*
*based on 2018 budget
*
* *
16New River Plaza
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ASSET VALUATION
SUITE TENANT NAME RSFRENT ACTUAL
(MONTHLY)RENT ACTUAL
(ANNUAL)RENT PSF
PSF/YRPRO-RATA
SHARELEASE FROM LEASE EXP. ANNUAL INCREASE
1
Burlington
Mattress Co.,
LLC*
5,078 $8,463 $101,560 $20.00 33% April 2017 September 2027 3.0%
2Southwest
Bicycle**3,573 $5,955 $71,460 $20.00 23% August 2017 June 2027 3.0%
3Dunn Edwards
Corp6,649 $17,991 $215,896 $32.47 44% June 2008 May 2023 2.5%
Total 15,300 $32,409 $388,916 $25.42 100%
* Tenant has the right to cancel lease at month 36 if there have not been 12 consecutive months witha total of $600,000 in gross revenue** Monthly lease rate is $5,955, but reduced 50% until 2/1/2018
17New River Plaza
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ASSET VALUATION
Totals Totals PSF Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18
Lease Revenue
Dunn Edwards Lease Payments $219,054 $32.95 $17,992 $17,992 $17,992 $17,992 $17,992 $18,442 $18,442 $18,442 $18,442 $18,442 $18,442 $18,442
Southwest Bicycles Lease Payment $69,376 $19.42 $2,978 $5,955 $5,955 $5,955 $5,955 $5,955 $5,955 $6,134 $6,134 $6,134 $6,134 $6,134
Burlington Mattress Lease Payments $102,576 $20.20 $8,463 $8,463 $8,463 $8,463 $8,463 $8,463 $8,463 $8,463 $8,717 $8,717 $8,717 $8,717
Total Lease Revenue $391,005 $25.56 $29,433 $32,410 $32,410 $32,410 $32,410 $32,860 $32,860 $33,039 $33,293 $33,293 $33,293 $33,293
CAM Charges
Dunn Edwards CAM Charges $31,383 $4.72 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615 $2,615
Southwest Bicycles CAM Charges $16,865 $4.72 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405 $1,405
Burlington Mattress CAM charges $23,968 $4.72 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997 $1,997
Total CAM Charges $72,216 $4.72 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018 $6,018
Total Revenue $463,221 $30.28 $35,451 $38,428 $38,428 $38,428 $38,428 $38,878 $38,878 $39,057 $39,311 $39,311 $39,311 $39,311
Expenses
Property Management $10,800 $0.71 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900 $900
Electric $1,800 $0.12 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150
Water/Sewer $3,000 $0.20 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250 $250
Trash $5,292 $0.35 $441 $441 $441 $441 $441 $441 $441 $441 $441 $441 $441 $441
Fire System Monitoring $360 $0.02 $360
Annual Fire System inspect & Test $1,100 $0.07 $1,100
Window Washing $720 $0.05 $180 $180 $180 $180
Parking Lot Sweeping $720 $0.05 $60 $60 $60 $60 $60 $60 $60 $60 $60 $60 $60 $60
Accounting $500 $0.03 $500
Landscape Maintenance $4,200 $0.27 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350 $350
Property Taxes $32,200 $2.10 $16,100 $16,100
Insurance $3,350 $0.22 $3,350
Pest Control $520 $0.03 $130 $130 $130 $130
Misc. Repairs $1,500 $0.10 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125 $125
Asphalt Maintenance Reserves $3,825 $0.25 $319 $319 $319 $319 $319 $319 $319 $319 $319 $319 $319 $319
Roof Maintenanve Reserve $2,295 $0.15 $191 $191 $191 $191 $191 $191 $191 $191 $191 $191 $191 $191
Total Expenses $72,182 $4.72 $3,096 $2,786 $19,246 $3,596 $2,786 $7,236 $3,096 $2,786 $2,786 $19,196 $2,786 $2,786
Net Operating Income $391,039 $25.56 $32,355 $35,642 $19,182 $34,832 $35,642 $31,642 $35,782 $36,271 $36,525 $20,115 $36,525 $36,525
18New River Plaza
Site Map19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.65658
Longitude: -112.23757
October 02, 2017
©2017 Esri Page 1 of 1
DEMOGRAPHICS
Site Map19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.65658
Longitude: -112.23757
October 02, 2017
©2017 Esri Page 1 of 1
Site Map19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 33.65658
Longitude: -112.23757
October 02, 2017
©2017 Esri Page 1 of 1
New River Plaza
83rd Avenue & Union Hills Drive - PeoriaRing: 1, 3, 5 Miles
Latitude: 33.65658Longitude: -112.23757
19New River Plaza
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 1 mile radius Latitude: 33.65658
Longitude: -112.23757
Summary Census 2010 2017 2022Population 12,449 13,368 14,222Households 5,383 5,773 6,140Families 3,537 3,726 3,927Average Household Size 2.30 2.31 2.31Owner Occupied Housing Units 3,428 3,447 3,611Renter Occupied Housing Units 1,955 2,326 2,529Median Age 42.8 44.0 44.5
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.25% 1.41% 0.83%Households 1.24% 1.35% 0.79%Families 1.06% 1.27% 0.71%Owner HHs 0.93% 1.32% 0.72%Median Household Income 1.57% 1.84% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 373 6.5% 385 6.3%$15,000 - $24,999 380 6.6% 371 6.0%$25,000 - $34,999 397 6.9% 358 5.8%$35,000 - $49,999 878 15.2% 802 13.1%$50,000 - $74,999 1,374 23.8% 1,445 23.5%$75,000 - $99,999 1,021 17.7% 1,165 19.0%$100,000 - $149,999 797 13.8% 949 15.5%$150,000 - $199,999 309 5.4% 371 6.0%$200,000+ 245 4.2% 294 4.8%
Median Household Income $63,001 $68,105Average Household Income $80,044 $88,832Per Capita Income $35,100 $38,952
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 612 4.9% 611 4.6% 654 4.6%5 - 9 652 5.2% 653 4.9% 652 4.6%10 - 14 734 5.9% 718 5.4% 733 5.2%15 - 19 742 6.0% 714 5.3% 737 5.2%20 - 24 827 6.6% 816 6.1% 876 6.2%25 - 34 1,590 12.8% 1,816 13.6% 1,869 13.1%35 - 44 1,384 11.1% 1,496 11.2% 1,668 11.7%45 - 54 1,729 13.9% 1,629 12.2% 1,569 11.0%55 - 64 1,527 12.3% 1,685 12.6% 1,770 12.4%65 - 74 1,355 10.9% 1,644 12.3% 1,806 12.7%75 - 84 958 7.7% 1,078 8.1% 1,320 9.3%
85+ 340 2.7% 508 3.8% 569 4.0%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,767 86.5% 11,183 83.7% 11,566 81.3%Black Alone 344 2.8% 447 3.3% 545 3.8%American Indian Alone 104 0.8% 131 1.0% 155 1.1%Asian Alone 497 4.0% 658 4.9% 824 5.8%Pacific Islander Alone 15 0.1% 16 0.1% 19 0.1%Some Other Race Alone 383 3.1% 482 3.6% 566 4.0%Two or More Races 339 2.7% 451 3.4% 549 3.9%
Hispanic Origin (Any Race) 1,317 10.6% 1,617 12.1% 1,900 13.4%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 1 of 6
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 1 mile radius Latitude: 33.65658
Longitude: -112.23757
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
21.81.61.41.2
10.80.60.40.2
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K6.5%
$15K - $24K6.6%
$25K - $34K6.9%
$35K - $49K15.2%
$50K - $74K23.8%
$75K - $99K17.7%
$100K - $149K13.8%
$150K - $199K5.4%
$200K+4.2%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 12.1%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 2 of 6
DEMOGRAPHICS
1 MILE
20New River Plaza
DEMOGRAPHICS
3 MILES
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 3 mile radius Latitude: 33.65658
Longitude: -112.23757
Summary Census 2010 2017 2022Population 97,075 105,044 111,796Households 40,941 43,987 46,690Families 26,892 28,510 30,076Average Household Size 2.35 2.37 2.38Owner Occupied Housing Units 29,151 29,845 31,584Renter Occupied Housing Units 11,790 14,142 15,106Median Age 44.5 46.6 47.3
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.25% 1.41% 0.83%Households 1.20% 1.35% 0.79%Families 1.08% 1.27% 0.71%Owner HHs 1.14% 1.32% 0.72%Median Household Income 1.93% 1.84% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 3,179 7.2% 3,240 6.9%$15,000 - $24,999 3,384 7.7% 3,273 7.0%$25,000 - $34,999 3,560 8.1% 3,229 6.9%$35,000 - $49,999 6,341 14.4% 5,749 12.3%$50,000 - $74,999 9,120 20.7% 9,551 20.5%$75,000 - $99,999 6,107 13.9% 6,957 14.9%$100,000 - $149,999 7,283 16.6% 8,631 18.5%$150,000 - $199,999 2,939 6.7% 3,499 7.5%$200,000+ 2,074 4.7% 2,560 5.5%
Median Household Income $62,674 $68,974Average Household Income $81,902 $91,764Per Capita Income $34,609 $38,625
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 4,568 4.7% 4,640 4.4% 4,943 4.4%5 - 9 5,219 5.4% 5,048 4.8% 5,090 4.6%10 - 14 6,364 6.6% 5,840 5.6% 5,765 5.2%15 - 19 6,272 6.5% 5,780 5.5% 5,646 5.1%20 - 24 5,117 5.3% 5,775 5.5% 5,379 4.8%25 - 34 9,758 10.1% 12,273 11.7% 13,880 12.4%35 - 44 11,813 12.2% 11,135 10.6% 12,525 11.2%45 - 54 13,917 14.3% 13,296 12.7% 12,301 11.0%55 - 64 12,263 12.6% 13,673 13.0% 14,120 12.6%65 - 74 10,050 10.4% 13,438 12.8% 15,405 13.8%75 - 84 7,705 7.9% 8,756 8.3% 11,043 9.9%
85+ 4,030 4.2% 5,390 5.1% 5,699 5.1%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 85,573 88.2% 90,036 85.7% 93,496 83.6%Black Alone 2,251 2.3% 2,910 2.8% 3,542 3.2%American Indian Alone 539 0.6% 681 0.6% 806 0.7%Asian Alone 3,650 3.8% 4,875 4.6% 6,120 5.5%Pacific Islander Alone 106 0.1% 133 0.1% 156 0.1%Some Other Race Alone 2,518 2.6% 3,140 3.0% 3,674 3.3%Two or More Races 2,438 2.5% 3,270 3.1% 4,001 3.6%
Hispanic Origin (Any Race) 9,314 9.6% 11,492 10.9% 13,512 12.1%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 3 of 6
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 3 mile radius Latitude: 33.65658
Longitude: -112.23757
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
21.81.61.41.2
10.80.60.40.2
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K7.2%
$15K - $24K7.7%
$25K - $34K8.1%
$35K - $49K14.4%
$50K - $74K20.7%
$75K - $99K13.9% $100K - $149K
16.6%
$150K - $199K6.7%
$200K+4.7%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 10.9%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 4 of 6
21New River Plaza
DEMOGRAPHICS
5 MILES
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 5 mile radius Latitude: 33.65658
Longitude: -112.23757
Summary Census 2010 2017 2022Population 222,693 241,449 257,271Households 90,833 97,624 103,706Families 60,689 64,511 68,179Average Household Size 2.42 2.44 2.45Owner Occupied Housing Units 68,538 70,387 74,551Renter Occupied Housing Units 22,295 27,238 29,154Median Age 44.2 46.1 46.7
Trends: 2017 - 2022 Annual Rate Area State NationalPopulation 1.28% 1.41% 0.83%Households 1.22% 1.35% 0.79%Families 1.11% 1.27% 0.71%Owner HHs 1.16% 1.32% 0.72%Median Household Income 1.78% 1.84% 2.12%
2017 2022 Households by Income Number Percent Number Percent
<$15,000 7,328 7.5% 7,640 7.4%$15,000 - $24,999 8,044 8.2% 7,883 7.6%$25,000 - $34,999 8,800 9.0% 8,151 7.9%$35,000 - $49,999 13,826 14.2% 12,647 12.2%$50,000 - $74,999 20,059 20.5% 20,908 20.2%$75,000 - $99,999 13,373 13.7% 15,159 14.6%$100,000 - $149,999 15,543 15.9% 18,341 17.7%$150,000 - $199,999 6,106 6.3% 7,293 7.0%$200,000+ 4,546 4.7% 5,684 5.5%
Median Household Income $60,940 $66,554Average Household Income $80,175 $89,785Per Capita Income $32,909 $36,654
Census 2010 2017 2022 Population by Age Number Percent Number Percent Number Percent
0 - 4 10,711 4.8% 10,942 4.5% 11,715 4.6%5 - 9 12,236 5.5% 11,989 5.0% 12,199 4.7%10 - 14 14,578 6.5% 13,438 5.6% 13,589 5.3%15 - 19 14,762 6.6% 13,303 5.5% 13,192 5.1%20 - 24 11,913 5.3% 13,121 5.4% 11,887 4.6%25 - 34 22,731 10.2% 28,824 11.9% 31,930 12.4%35 - 44 26,678 12.0% 25,813 10.7% 29,599 11.5%45 - 54 32,495 14.6% 30,235 12.5% 28,038 10.9%55 - 64 28,333 12.7% 32,181 13.3% 33,012 12.8%65 - 74 22,515 10.1% 30,484 12.6% 35,344 13.7%75 - 84 16,854 7.6% 19,435 8.0% 24,453 9.5%
85+ 8,886 4.0% 11,685 4.8% 12,314 4.8%Census 2010 2017 2022
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 193,880 87.1% 204,242 84.6% 212,255 82.5%Black Alone 5,552 2.5% 7,198 3.0% 8,768 3.4%American Indian Alone 1,532 0.7% 1,944 0.8% 2,304 0.9%Asian Alone 7,622 3.4% 10,131 4.2% 12,686 4.9%Pacific Islander Alone 269 0.1% 334 0.1% 387 0.2%Some Other Race Alone 8,150 3.7% 10,008 4.1% 11,611 4.5%Two or More Races 5,688 2.6% 7,592 3.1% 9,261 3.6%
Hispanic Origin (Any Race) 26,062 11.7% 31,783 13.2% 37,105 14.4%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 5 of 6
Demographic and Income Profile19027 N 83rd Ave, Peoria, Arizona, 85382 Prepared by EsriRing: 5 mile radius Latitude: 33.65658
Longitude: -112.23757
AreaStateUSA
Trends 2017-2022Trends 2017-2022
Ann
ual R
ate
(in
perc
ent)
21.81.61.41.2
10.80.60.40.2
0Population Households Families Owner HHs Median HH Income
20172022
Population by AgePopulation by Age
Perc
ent
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2017 Household Income 2017 Household Income
<$15K7.5%
$15K - $24K8.2%
$25K - $34K9.0%
$35K - $49K14.2%
$50K - $74K20.5%
$75K - $99K13.7% $100K - $149K
15.9%
$150K - $199K6.3%
$200K+4.7%
2017 Population by Race2017 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2017 Percent Hispanic Origin: 13.2%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022.
October 02, 2017
©2017 Esri Page 6 of 6
22New River Plaza
DEMOGRAPHICSTraffic Count Map - Close UpUnion Hills Square Prepared by Esri8110 W Union Hills Dr, Glendale, Arizona, 85308 Latitude: 33.65285Rings: 1, 3, 5 mile radii Longitude: -112.23381
Source: ©2017 Kalibrate Technologies
September 13, 2017
©2017 Esri Page 1 of 1
Traf
fic
Co
un
t M
ap
23New River Plaza
2398 E. Camelback Road, Suite 950 | Phoenix, Arizona 85016 | Main 602.952.3800 | www.ngkf.com
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