prescott gateway mall brochure 2014...prescott income/house $57,000 white collar occupations 69.5%...

Central Arizona’s Regional Retail Center ∙ Prescott, Arizona

GATEWAY MALL FEATURES

Prescott Gateway Mall is comprised of approximately 133,000 square feet of traditional, enclosed mall space and approximately 192,000 square feet of outward-facing, village style retail space and additional pad space.

The property offers national, regional and local retailers a superior opportunity to position themselves in an exquisite village mall anchored by Dillard’s, Sears and JC Penny, with notable traffic generators such as Victoria’s Secret, Bed, Bath & Beyond, Cost Plus World Market, Rue 21, Michael’s and more.

One ±25-35,000 sf building envelope pad is immediately adjacent to the Mall and ready for National Junior Anchor or other tenant with a cooperative Landlord development option.

Presented byPrescott Gateway Mall

3250 Gateway BlvdPrescott, AZ 86303CPNA

Commercial Properties Northern Arizona

Come and Experience

THE GATEWAY MALL EXPERIENCE

The Prescott Gateway Mall has no rival when it comes toshopping experience. Gateway Mall delivers the pace andrhythm of indoor comfort coupled with outdoor expanse.Gateway’s retail shopping village is simply the portal to therich experience of “the mall” and its amazing amenities.

Gateway‘s architecture, parking fields, massive entrystatements, lighting, expansive corridors, food court, nationalrestaurants and retail shops invite each shopper to linger,taking in the unmatched atmosphere of retail pleasure.

Copyright © 2014, CPNA. Information contained herein is deemed reliable . Potential tenants and Brokers are required to verify all information necessary to satisfy them with respect to any contemplated lease and the suitabilityof the properties presented herein for their use. No warranty or representation of the information is implied or stated herein. All information contained herein is subject to change without notice to any party. Should you requireupdates or additional information please contact [email protected]. The logos and marks displayed herein are the sole property of their respective owners.

(928) 777-8100

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TRAFFIC COUNT – STATE HIGHWAY 69 & GATEWAY BLVD

Recent traffic counts clearly elevate Gateway Mall to the pinnacle of opportunity. The newest corridor study indicates 40,000 vehicles per day with an estimated increase to approximately 60,000 vehicles per day by 2025.

Gateway Mall is the only indoor regional mall serving Yavapai County with a MSA draw of approximately 200,000 people.

The Village retail section of Gateway mall provides additional retail strength and draw by affording shoppers the unique experience of an outdoor mall coupled with the lifestyle of today’s most advanced indoor retail offerings. Gateway’s expansive parking areas provide shoppers easy access and an adequate number of parking spaces per 1,000 sf of retail space.




Market Position - The Retail and Location Apex

GATEWAY AT THE MARKET APEX

• Anchors: Dillard’s, JC Penny and Sears (all fee simple)• Traffic count of 40,000 vehicles per day• Three, 4-way signaled intersections at Mall entrances• Proximate to Walmart Super Center, adding traffic• Area choice of Best Buy and major auto dealers• Residential, senior care and ancillary businesses• The traffic mid-point between Prescott & Prescott Valley• Tied to State Highway 89 & 60 by Prescott Parkway• Highest yielding economic retail location in the MSA• Gateway Mall Events create thousands of annual visits


(928) 777-8100

The Prescott Gateway Mall is positioned at the apex of the market and is accessed from State Highway 69, with a traffic count of approximately 40,000 vehicles per day, the highest in the MSA.

Resident consumers and all area visitors in route to Prescott, Arizona pass Gateway Mall. The resident traffic flow brings locals in contact to the Mall’s multiple entries, increasing local traffic.

The Gateway Mall location is a hyper-hub and the site selection for Walmart and a number of additional restaurants and major car dealers. Gateway’s market position is vastly superior and has the highest auto and foot traffic of any retail location in the market.

Residential development, senior care, retailers, restaurants, auto dealers and ancillary businesses surround Gateway mall, creating the market’s strongest economic retail results.


MARKET SERVICE AREA (TRADE) OVERVIEW

With an MSA of more than 20 miles and a population and trade area population of 212,000 people, Gateway Mall sits atop central Arizona’s attractive retail market. The core market demographic is within a twenty mile radius and includes major employers such as Embry Riddle Aeronautical University, Yavapai County, City of Prescott, Strum Ruger, Yavapai College and ACE Hardware regional.

The economic strength of Prescott continues to be the higher than average influx of individuals, families and business, creating a growing market for retail and restaurant services.

Gateway Mall is positioned as the area’s upscale retail mall. WALMART Super Center is the adjacent power anchor located just north of Gateway Mall and it is surrounded by cast of name brand restaurants.

Market Service Area - Demographics

ECONOMIC DIVERSITY SUSTAINS MSA

The Gateway Mall MSA is diverse, strengthening all layers of the local and regional economy.

An affordable housing market has attracted individuals and families from all walks of life. Education, government, small businesses, health care and enterprise continue to fuel a sustained growth with employment and wages increasing.

Although the market downturn of 2006-2011 impacted the market, the rebound has been ahead of predicted pace for housing, retail, employment opportunities and wages.


(928) 777-8100

2015 ‐ Prescott, Arizona

Est. Prescott Population 52,000±20 Mile Trade Area Pop. 212,000±

Prescott Income/House $57,000

White Collar Occupations 69.5%

Pop. Growth Rate 2019 4.7%

Market Growth Rate 2019 5.65%

2015 Est. Median Age 54.48

Estimated Average Age 48.97

The immediate Prescott MSA has ±83,000 residents. The trade area is ±220,000 with a majority residing within a 10 mile radius of downtown Prescott. The MSA growth rate is expected to continue at a sustained minimum growth rate of 5.65% annually.


Available for Lease & Build to Suit


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LEASE RATE PRICE WARRANTY – CALL FOR CURRENT AVAILABILITIES

Gateway Mall is competitive to the prevailing market. In addition, we offer a rate guarantee commitment. We will meet or exceed the base rent rate of any retail center in the market.

Our lease premise follows a very simple set of principles:

• Minimum Initial Lease Term – 5 years, with opportunities for shorter terms.• Tenant Improvement Reimbursement Allowances (“TRA”) are available, ask us.• Rent abatements for qualifying tenants...creative rent escalations.• NNN offsets for qualifies national small and large retail brands.• Ask us about an existing lease buy-out to help your business relocate immediately.• Tenant space planning services available...contact us to design your suite or shop.

JR. ANCHOR PAD BUILD TO SUITE OR GROUND LEASE PAD ±25,000-30,000 SF – CALL FOR TERMS

Lease Space – Featured Availabilities & Strategies

VALUE RANGE LEASING OPTIONS

Where you put your business is a critical decision in theplanning process.

Gateway‘s leasing approach helps you quickly determineyour best option for location, inside the Mall or outside in theVillage area.

We will provide you with many location options and workwith you for the best terms, base rent and location strategy.

COME TO GATEWAY MALL – YOUR BEST CHOICE


(928) 777-8100

Mall Lease Spaces Currently Available* SUITE NO. SF PROXIMATE ANCHOR RATE

306 ± 25,198 Jr. Anchor Location $12

1060 ± 3,816 Dillard’s, JC Penny, Sears $15

1226 ± 5,000 Dillard’s, JC Penny $14

1172 ± 1,282 JC Penny, Sears $15

1038 ± 1,306 JC Penny $17

1080 ± 891 Sears $18

1068 ± 1,626 JC Penny, Sears $21

1124 ± 3,595 Sears $13

1004 ± 2,084 Dillard’s $14

1098 ± 1,517 Sears $14

Village Lease Shops Currently Available* SHOP NO. SF PROXIMATE ANCHOR RATE

400 ±4,076 Sears, Bed Bath & Beyond $23

428 ± 6,738 Sears, Bed Bath & Beyond $18

222 ± 5,723 JC Penny, Sears $16

214 ± 5,030 JC Penny, Sears $18

208 ± 3,903 JC Penny, Bed Bath & Beyond $15

206 ± 963 JC Penny, Bed Bath & Beyond $17

420 ± 1,684 JC Penny, Bed Bath & Beyond $18


210 ± 2,045 Dillard’s, JC Penny, Sears $16



COMMERCIAL PROPERTIES NORTHERN ARIZONA (“CPNA”)

The Gateway Mall leasing is under the Direction of CPNA’s Principal Partners, Donald Teel and James T. Purvis (“JT”). Please contact us for leasing information.




Contact CPNA for Lease Information

THE GATEWAY MALL LEASING EMPHASIS

The Prescott Gateway Mall is currently seeking:

• Middle Anchor 25,198 sf, former Barnes & Noble• Attached Pad Site, BTS or GL, up to 35,000± sf• Teens & Ladies Boutique Clothing & Accessories• Food Court restaurant, end cap at Mall entry• Contemporary Italian or other Unique Restaurant• Gourmet Coffee, Deli, Chocolate providers• National bookstore or Upscale used bookseller

LEASING INFORMATION: (928) 777-8100Copyright © 2014, CPNA. Information contained herein is deemed reliable . Potential tenants and Brokers are required to verify all information necessary to satisfy them with respect to any contemplated lease and the suitabilityof the properties presented herein for their use. No warranty or representation of the information is implied or stated herein. All information contained herein is subject to change without notice to any party. Should you requireupdates or additional information please contact [email protected]. The logos and marks displayed herein are the sole property of their respective owners.

(928) 777-8100

Donald Teel, Principal Partner

140 N. Montezuma, Suite 300Prescott, AZ 86301

(928) 777-8100 (cell)[email protected]

JT Purvis, Principal Partner

140 N. Montezuma, Suite 300Prescott, AZ 86301

(928) 533-1344 (cell)[email protected]

prescott gateway mall brochure 2014...prescott income/house $57,000 white collar occupations 69.5%...

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