±55,000 SF of High-end, Local Retailers & Restauranteurs ...€¦ · Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

2398 E Camelback Rd #950 | Phoenix, AZ 85016 | 602.952.3800 | www.ngkf.com

HIGLEY RD & RAY RD

GILBERT ARIZONA

±55,000 SF of High-end, Local Retailers & Restauranteurs Situated Below 310+ Luxury Apartments

FOR LEASE



HIGLEY RD & RAY RD

GILBERT ARIZONA

DEMOGRAPHIC BRIEF 2019

1-Mile 3-Mile 5-MilePopulation: 18,071 106,345 254,782Households: 6,090 34,344 84,845Median Age: 32.2 31.8 33.5Average HH Income: $111,219 $115,774 $110,004

NEW TO MARKET Lifestyle Center at the NWC of Higley Road & Ray Road, Gilbert, AZ. Comprised of ±55,000 SF of specialty retailers and restaurants with a focus on Arizona based businesses situated below 310+ luxury apartments.

TRAFFIC COUNTS 2019Higley Road: 28,069 VPDRay Road: 20,367 VPD

Joe DoucettSenior Managing [email protected]

EXCLUSIVE ADVISOR



HIGLEY RD & RAY RD

GILBERT ARIZONA



HIGLEY RD & RAY RD

GILBERT ARIZONA

� ��

��

� ��

��

��

� ��

� ��

� ��

��

�

��

��

��

��

��

��

�

�

�

��

��

��

Suite SF Tenant

100 ±2,900 AVAILABLE



108 ±1,200 One More Bite Bakery

112 ±1,950 Belly

116 ±1,300 Itadai

120 ±1,330 Screamery

124 ±1,050 Bunky Boutique


128 ±2,800 Matt’s Big Breakfast



144 ±2,200 Gadzooks

148 ±975 AVAILABLE




174 ±3,770 Cycle Ave & FunkFit

176 ±847 Raw Organic Juice


180 ±1,600 Barre 3

186 ±1,800 Wylde Salon & Hooligans Barbershop


192 ±840 Vintage Home

194 ±1,615 Peixoto Coffee

AVAILABLE

LOI

LEASE

100

102

106

108

112

116

120

124

126

128

132

136 144

148150

158

160 174

176

178

180

186 190 192

194



HIGLEY RD & RAY RD

GILBERT ARIZONA

GILBERT TOPS LIST MOST PROSPEROUS CITY (ECONOMIC INNOVATION GROUP, 2018)

3RD BEST CITY TO BUY A FAMILY HOME (SMARTASSET, 2017)

3RD BEST PLACE TO LIVE IN ARIZONA (NICHE, 2018)

#1 SAFEST CITY IN ARIZONA #6 IN THE COUNTRY (WALLETHUB, 2018)

ARIZONA’S FASTEST GROWING CITY (WALLETHUB, 2018)

5TH BEST PLACE TO FIND A JOB IN AMERICA(WALLETHUB, 2018)

G I L B E R T , A R I Z O N A

#1 KID-FRIENDLIEST CITY (TRULIA, 2018)

3RD MOST LIVABLE CITY IN THE U.S. (SMARTASSET, 2018)

Gilbert is located eight miles southeast of Phoenix and 12 miles from Phoenix Sky Harbor International Airport. Gilbert’s current population is over 261,287 residents and has doubled every five years since 1980. From 2011 to December 2018, Gilbert led the Phoenix Metro Area with 12,394 issued single family permits, making Gilbert the fastest growing city in Arizona and among the Nation’s Fastest Growing Communities. Gilbert has maintained the small town atmosphere, while promoting high tech industry and progressive planning for the future. Gilbert offers many amenities enhancing its resident’s lifestyle. The village concept of planned communities includes parks, equestrian trails, fishing, boating, and local business services all within walking distance.

In 2014, Gilbert was named by Money Magazine as one of the Best Places to Live in the United States. By carefully balancing retail, office and industrial projects, Gilbert works to create sustainable jobs, tax revenues and resources for the community’s highly valued, highly skilled workforce. Gilbert-based employers have access to over one million industry professionals within a 30-minute commute. With a median age of 33.6 and 77% of the population under the age of 45, Gilbert provides an abundant pipeline of workers to support the growth of business and industry.

W I T H I N A 3 0 M I N U T E C O M M U T E F R O M G I L B E R T

HIGH TECHWORKFORCE

70%OF THE PHOENIX MSA

HEALTHCAREWORKFORCE


ENGINEERINGWORKFORCE


ADVANCED BUSINESS SERVICES

WORKFORCE




HIGLEY RD & RAY RD

GILBERT ARIZONA

� ��

� ��

� ��

� ��

��

��

��

��

� ��

� ��

� ��

��

��

��

��

��

��

��

��

��

�

��

��

��

��

��



HIGLEY RD & RAY RD

GILBERT ARIZONA



HIGLEY RD & RAY RD

GILBERT ARIZONA

HIGLEY ROAD & RAY ROADGilbert, Arizona, 85296Ring: 1, 3, 5 Miles

Latitude: 33.32139Longitude: -111.72121

Site MapHigley Rd & Ray Rd Prepared by EsriE Ray Rd, Gilbert, Arizona, 85296 Latitude: 33.32139Rings: 1, 3, 5 mile radii Longitude: -111.72121

July 18, 2017

©2017 Esri Page 1 of 1


July 18, 2017



July 18, 2017


SITE MAP: 1, 3, 5 MILE


EXCLUSIVE ADVISOR



HIGLEY RD & RAY RD

GILBERT ARIZONA

Demographic and Income ProfileE Ray Rd & S Higley Rd, Gilbert, Arizona, 85296 Prepared by EsriRing: 1 mile radius Latitude: 33.32139

Longitude: -111.72131

Summary Census 2010 2019 2024Population 11,621 18,071 21,014Households 3,928 6,090 7,064Families 2,914 4,405 5,083Average Household Size 2.96 2.97 2.97Owner Occupied Housing Units 3,110 5,188 6,050Renter Occupied Housing Units 818 902 1,015Median Age 29.1 32.2 31.6

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 3.06% 1.37% 0.77%Households 3.01% 1.36% 0.75%Families 2.90% 1.28% 0.68%Owner HHs 3.12% 1.69% 0.92%Median Household Income 2.34% 2.59% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 163 2.7% 153 2.2%$15,000 - $24,999 178 2.9% 153 2.2%$25,000 - $34,999 258 4.2% 218 3.1%$35,000 - $49,999 496 8.1% 437 6.2%$50,000 - $74,999 1,105 18.1% 1,011 14.3%$75,000 - $99,999 997 16.4% 1,091 15.4%$100,000 - $149,999 1,649 27.1% 2,140 30.3%$150,000 - $199,999 719 11.8% 1,062 15.0%$200,000+ 525 8.6% 799 11.3%

Median Household Income $95,147 $106,828Average Household Income $111,219 $129,239Per Capita Income $38,144 $44,207

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,311 11.3% 1,732 9.6% 2,015 9.6%5 - 9 1,058 9.1% 1,782 9.9% 2,046 9.7%10 - 14 892 7.7% 1,619 9.0% 1,997 9.5%15 - 19 664 5.7% 1,092 6.0% 1,544 7.3%20 - 24 744 6.4% 851 4.7% 979 4.7%25 - 34 2,746 23.6% 2,940 16.3% 3,141 14.9%35 - 44 1,959 16.9% 3,763 20.8% 4,415 21.0%45 - 54 1,148 9.9% 2,100 11.6% 2,490 11.8%55 - 64 698 6.0% 1,233 6.8% 1,322 6.3%65 - 74 284 2.4% 701 3.9% 726 3.5%75 - 84 96 0.8% 213 1.2% 290 1.4%

85+ 21 0.2% 45 0.2% 49 0.2%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 9,087 78.2% 13,156 72.8% 14,647 69.7%Black Alone 514 4.4% 1,017 5.6% 1,335 6.4%American Indian Alone 98 0.8% 193 1.1% 243 1.2%Asian Alone 812 7.0% 1,602 8.9% 2,120 10.1%Pacific Islander Alone 18 0.2% 38 0.2% 49 0.2%Some Other Race Alone 539 4.6% 974 5.4% 1,215 5.8%Two or More Races 554 4.8% 1,090 6.0% 1,405 6.7%

Hispanic Origin (Any Race) 1,982 17.1% 3,541 19.6% 4,434 21.1%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

October 21, 2019




AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20192024

Population by AgePopulation by Age

Perc

ent

20181614121086420

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2019 Household Income 2019 Household Income

<$15K2.7%

$15K - $24K2.9%

$25K - $34K4.2%

$35K - $49K8.1%

$50K - $74K18.1%

$75K - $99K16.4%

$100K - $149K27.1%

$150K - $199K11.8%

$200K+8.6%

2019 Population by Race2019 Population by Race

Perc

ent

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2019 Percent Hispanic Origin: 19.6%


October 21, 2019


RING: 1 MILE


EXCLUSIVE ADVISOR



HIGLEY RD & RAY RD

GILBERT ARIZONA



AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20192024


Perc

ent

16

14

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+


<$15K3.0%

$15K - $24K2.6%

$25K - $34K3.9%

$35K - $49K7.2%

$50K - $74K17.5%

$75K - $99K17.1%

$100K - $149K28.1%

$150K - $199K10.1%

$200K+10.6%


Perc

ent

70

60

50

40

30

20

10




October 21, 2019


RING: 3 MILES


EXCLUSIVE ADVISOR



Summary Census 2010 2019 2024Population 80,190 106,345 118,593Households 25,967 34,344 38,240Families 20,245 26,347 29,213Average Household Size 3.07 3.08 3.09Owner Occupied Housing Units 19,466 25,721 29,037Renter Occupied Housing Units 6,501 8,623 9,203Median Age 29.7 31.8 31.8



<$15,000 1,015 3.0% 925 2.4%$15,000 - $24,999 893 2.6% 770 2.0%$25,000 - $34,999 1,335 3.9% 1,122 2.9%$35,000 - $49,999 2,476 7.2% 2,204 5.8%$50,000 - $74,999 6,004 17.5% 5,551 14.5%$75,000 - $99,999 5,872 17.1% 6,099 15.9%$100,000 - $149,999 9,646 28.1% 11,334 29.6%$150,000 - $199,999 3,478 10.1% 4,993 13.1%$200,000+ 3,626 10.6% 5,243 13.7%



0 - 4 7,817 9.7% 9,377 8.8% 10,682 9.0%5 - 9 7,967 9.9% 9,751 9.2% 10,717 9.0%10 - 14 7,405 9.2% 9,490 8.9% 10,491 8.8%15 - 19 6,041 7.5% 7,676 7.2% 8,861 7.5%20 - 24 4,576 5.7% 6,014 5.7% 6,292 5.3%25 - 34 13,955 17.4% 16,529 15.5% 19,233 16.2%35 - 44 14,325 17.9% 18,403 17.3% 20,681 17.4%45 - 54 9,591 12.0% 13,723 12.9% 14,278 12.0%55 - 64 5,219 6.5% 8,794 8.3% 9,446 8.0%65 - 74 2,263 2.8% 4,648 4.4% 5,360 4.5%75 - 84 793 1.0% 1,555 1.5% 2,099 1.8%

85+ 238 0.3% 384 0.4% 452 0.4%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 65,028 81.1% 81,308 76.5% 87,289 73.6%Black Alone 2,804 3.5% 4,858 4.6% 6,161 5.2%American Indian Alone 733 0.9% 1,121 1.1% 1,344 1.1%Asian Alone 4,994 6.2% 8,344 7.8% 10,712 9.0%Pacific Islander Alone 147 0.2% 220 0.2% 269 0.2%Some Other Race Alone 3,449 4.3% 5,461 5.1% 6,576 5.5%Two or More Races 3,034 3.8% 5,032 4.7% 6,241 5.3%



October 21, 2019




HIGLEY RD & RAY RD

GILBERT ARIZONA

RING: 5 MILES


EXCLUSIVE ADVISOR



AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20192024


Perc

ent

16

14

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+


<$15K3.7%

$15K - $24K3.4%

$25K - $34K4.9%

$35K - $49K9.1%

$50K - $74K17.5%

$75K - $99K16.4%

$100K - $149K25.3%

$150K - $199K10.2%

$200K+9.5%


Perc

ent

70

60

50

40

30

20

10




October 21, 2019




Summary Census 2010 2019 2024Population 205,507 254,782 280,312Households 68,599 84,845 93,157Families 52,686 64,481 70,568Average Household Size 2.99 2.99 3.00Owner Occupied Housing Units 50,657 62,931 70,088Renter Occupied Housing Units 17,942 21,915 23,069Median Age 31.6 33.5 33.7



<$15,000 3,154 3.7% 2,734 2.9%$15,000 - $24,999 2,917 3.4% 2,472 2.7%$25,000 - $34,999 4,140 4.9% 3,508 3.8%$35,000 - $49,999 7,695 9.1% 7,018 7.5%$50,000 - $74,999 14,886 17.5% 14,179 15.2%$75,000 - $99,999 13,924 16.4% 14,487 15.6%$100,000 - $149,999 21,425 25.3% 25,164 27.0%$150,000 - $199,999 8,628 10.2% 12,124 13.0%$200,000+ 8,077 9.5% 11,470 12.3%



0 - 4 17,685 8.6% 20,141 7.9% 22,664 8.1%5 - 9 19,124 9.3% 21,117 8.3% 22,887 8.2%10 - 14 18,573 9.0% 20,988 8.2% 22,498 8.0%15 - 19 15,685 7.6% 17,646 6.9% 19,297 6.9%20 - 24 11,736 5.7% 14,633 5.7% 14,680 5.2%25 - 34 30,871 15.0% 38,684 15.2% 44,571 15.9%35 - 44 34,297 16.7% 39,374 15.5% 44,741 16.0%45 - 54 27,098 13.2% 32,517 12.8% 32,527 11.6%55 - 64 16,835 8.2% 25,280 9.9% 26,209 9.3%65 - 74 8,426 4.1% 16,114 6.3% 18,898 6.7%75 - 84 3,948 1.9% 6,245 2.5% 8,964 3.2%

85+ 1,229 0.6% 2,042 0.8% 2,376 0.8%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 168,624 82.1% 198,047 77.7% 210,348 75.0%Black Alone 6,948 3.4% 10,960 4.3% 13,704 4.9%American Indian Alone 1,888 0.9% 2,660 1.0% 3,128 1.1%Asian Alone 10,770 5.2% 17,363 6.8% 22,175 7.9%Pacific Islander Alone 407 0.2% 571 0.2% 689 0.2%Some Other Race Alone 9,693 4.7% 14,085 5.5% 16,696 6.0%Two or More Races 7,178 3.5% 11,096 4.4% 13,571 4.8%



October 21, 2019




HIGLEY RD & RAY RD

GILBERT ARIZONA

Joe DoucettSenior Managing Director

[email protected]

EXCLUSIVE ADVISOR

Documents

±55,000 SF of High-end, Local Retailers & Restauranteurs ...€¦ · Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by