GLENDALE ARIZONA - NNNDeal.comnnndeal.com/media/Wilhelm_TireWorks_GlendaleAZ_OM.pdf ·...

20
OFFERING MEMORANDUM Near ASU West Campus GLENDALE ARIZONA

Transcript of GLENDALE ARIZONA - NNNDeal.comnnndeal.com/media/Wilhelm_TireWorks_GlendaleAZ_OM.pdf ·...

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OFFERING MEMORANDUM

Near ASU West Campus

GLENDALEARIZONA

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CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

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Y U M A

A P A C H E

C O C H I S E

C O C O N I N O

G I L A

G R A H A M

G R E E N L E E

M A R I C O P A

M O H A V E

N A V A J O

P I M A

P I N A L

S A N T A C R U Z

Y A V A P A I

L A P A Z

Bylas

Camp Verde

Cave Creek

Clarkdale

Dudleyville

Duncan

Fredonia

Gila Bend

Grand Canyon Village

Hayden

Huachuca City

Jerome

Lakeside

Lukachukai

Mammoth

Many Farms

Marana

McNary

Oro Valley

Patagonia

Pima

Pinetop

Pirtleville

Sacaton

San Luis

Sells

Springerville

Stargo

Sun Lakes

Taylor

Tombstone

Wellton

Winkelman

Yuma Proving Ground

Bagdad

Benson

Buckeye

Cashion

Catalina

Central Heights-Midland

Chinle

Chino Valley

Claypool

Clifton

Cottonwood

Eagar

El Mirage

Florence

Fort Defiance

Fountain Hills

Goodyear

Guadalupe

Kayenta

Kearny

Litchfield Park

Luke AFB

Miami

Morenci

Oracle

Page

Parker

Prescott Valley

San Carlos

Show Low

Snowflake St. Johns

Sun City West

Superior

Surprise

Thatcher

Tolleson

Tucson Estates

Whiteriver

Wickenburg

Willcox

Williams

Williams AFB

Window Rock

Youngtown

Ajo

Apache Junction

Avondale

Bisbee

Coolidge

Davis-Monthan AFB

Dreamland-Velda Rose

Eloy

GilbertGlobe

Green Valley

Holbrook

Kingman

Payson

Safford

San Manuel

Sedona

Somerton

South Tucson

Tuba City

Winslow

Bullhead City

Casa Grande

Douglas

Lake Havasu City

Nogales

Paradise Valley

Peoria

Prescott

Sierra Vista

Chandler

Flagstaff

Sun City

Yuma

MesaTempe

GlendaleScottsdale

Tucson

Phoenix

177

180A

181

186

188

260

260

260

264

264

264

277

279

389

61

61

64

64

66

67

68

69

71

72

75

77

77

77

77

77

77

82

82

83

84

85

85

85

85

86

86

87

87

87

87

87

87

87

88 88

90

90

92

95

95

160

160

160

163

180

180

180

180

180

180191

191

60

60

60

60 60

60

60

60

666

666

666

666

666

666

70

70

80

80

80

89

89

89

89

89

89

89

89

89A

89A

89A

89A

93

93

93

95

95

10

10

10

10

10

10

15

17

17

19

40

4040

40

40

88

88BR

Investment Summary .........................................5Investment Highlights.........................................6Aerial Map .........................................................8Tenant Summary ................................................9Site Plan ..........................................................10Location Highlights ...........................................11Location Overview ............................................12 Area Map .........................................................13 Demographics ..................................................14

TABLE OF CONTENTS

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O V E R V I E W

Price $2,200,000

Gross Leasable Area (GLA) 6,886 SF

Lot Size (approx) 0.80 Acres

Net Operating Income $132,000

CAP Rate 6.00%

Year Built 2002

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

1-5 $132,000

6-10 $145,200

11-15 $159,720

Option 1 $175,692

Option 2 $193,261

Option 3 $212,587

6020 W THUNDERBIRD RD, GLENDALE, AZ 85306

PRICE: $2,200,000 CAP: 6.00% RENT: $132,000

INVESTMENT SUMMARY

L E A S E A B S T R A C T

Lease Type NN

Original Lease Term 15 Years

Lease Term Commenced (Estimate) 1/28/2019

Lease Expiration 1/31/2034

Remaining Lease Term 13.8 Years

Renewal Options 3x5

Increases Esc every 5-yrs

Landlord Obligation Roof & Structure

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INVESTMENT HIGHLIGHTS

t Strong barriers to entry

t Strategically located adjacent to O’Reilly’s autoparts - shared ingress/egrees

t Rent increases every 5 years to hedge against inflation

t Densely populated and growing area

388,750TOTAL POPULATION WITHIN 5-MILE RADIUS

$71,524AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS

34,802 VPD - W THUNDERBIRD RD

31,284 VPD - N 59TH AVE

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INVESTMENT HIGHLIGHTSThis investment opportunity in a densely populated affluent suburb of Phoenix, Arizona offers a 13.8 year remaining lease term on a 15 year lease. There are three 5-year renewal options and rent escalations every 5 years that hedge against inflation. Glendale’s strong population density and access through Thunderbird Rd make the subject property easily accessible. Additionally, the tenant shares ingress/egress with an O’Reilly’s auto parts which contributes to like-kind consumer draw.

NNNMinimal landlord obligations, where Tenant is responsible for all aspects of maintaining parking lot, HVAC and any nonstructural elements of the site. The Landlord to carry Special Form Insurance wherein Tenant reimburses. The Tenant is responsible for liability insurance. Property tax adjustment

post sale is landlord’s responsibility for differential.

Rent escalations every 5 years to hedge against inflation

Densely populated Phoenix suburb

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®

Thunderbird Palliative Care Unit | Hospice of the Valley

Peoria Unified School District

Paseo Softball Complex

Paseo Racquet Center

W THUNDERBIRD RD - 34,802 VPDW THUNDERBIRD RD - 34,802 VPD

N 59TH

AVE - 31,284

N 59TH

AVE - 31,284

Print & Ship SerivcesSM

BURGER KING

Legacy Traditional School - Glendale

Pioneer Elementary School

Desert Valley Elementary School

Ironwood High School Cigna Medical

Group Pharmacy

Arizona Digestive Health

Banner Thunderbird Medical Ctr

Kachina Elementary School

Thunderbird Senior Living

Life Care Center of North Glendale

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LAS VEGAS, NVHEADQUARTERS

OWNERSHIP OWNERSHIP

WILHELM LOCATIONSEMPLOYEES

GREENBRAIER EQUITY GROUP LP

74150+

PRIVATE

ANNUAL REVENUE BY GUARANTOR

$110 MILLION

WILHELM AUTO REPAIR & TIRES

WILHELM AUTO REPAIR & TIRES

Wilhelm Auto Repair & Tires have been operating in the market of auto

repair since 1928. They offer various services including wheel alignment

services, brake changes, auto battery services, cooling system services,

and much more.

In 2017, Greenbriar Equity Group acquired Wilhelm Auto Repair &

Tires under their subsidiary, GB Auto Service, Inc. Greenbriar Equity

Group has raised over $3.5 billion in committed capital across

their four funds. GB Auto Service, Inc. invests in 31 platform companies

across multiple business sectors and owns and operates 74 Wilhelm

locations throughout the Southwest United States.

TENANT SUMMARY

GUARANTOR

GB AUTO SERVICE INC.

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SITE PLAN

THUNDERBIRD ROAD

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MesaMesaTempeTempe

PhoenixPhoenix

PhoenixGlendale ScottsdaleScottsdaleAirportAirport

Sky HarborSky HarborInt'l AirportInt'l Airport

Deer ValleyDeer ValleyAirportAirport

10

17

60

60

60

MCDOWELLSONORANPRESERVE

PHOENIXMOUNTAINS

PARK

ADOBE DAMRECREATION

AREA

SALT RIVER PIMA-MARICOPA INDIAN COM

Salt

River

New

River Rhodes Aqueduct

Hayden-

S kunk Creek

Arizona

Canal

maps4news . com/©HERE

14.4 Miles from Phoenix

LOCATION HIGHLIGHTS

Glendale’s expected job growth in the next 10 years is 46.1%, greater

than U.S. average of 33.5%

Near Arizona State University West Campus

GLENDALE, AZHOME TO ARIZONA CARDINALS AT STATE FARM STADIUM

Strong population density and numerous national retailers

on Thunderbird Road

Strategically located in Glendale, AZ, which is just 9 miles northwest

from downtown Phoenix

M A J O R E M P L O Y E R SG L E N D A L E , A Z

State of Arizona 36,310

Banner Health Systems 34,776

Walmart Stores Inc. 34,090

Wells Fargo 14,818

City of Phoenix 13,776

Maricopa County 12,939

Arizona State University 12,715

HonorHealth 11,296

Dignity Healthcare 11,182

Intel Corp. 11,000

26.4 Miles from Tempe

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GLENDALE, ARIZONAGlendale is a city 9 miles northwest from downtown Phoenix in Maricopa County, AZ. With an average of 290 sunny days each year, this city’s weather makes it feel like summer year-round. The Arizona SR-101 and Interstate-60 run through Glendale, giving it direct access to nearby cities including Phoenix and Mesa. The Glendale Municipal Airport, GEU, is located 7 miles west of Glendale and is a city-owned, public-use airport. It is just west of Loop 101, 10 minutes north of I-10, and 20 minutes west of I-17. The city’s easy accessibility and sunny weather make it the hidden gem of Arizona.

Glendale’s various attractions and easy access make it the perfect place to visit. The State Farm Stadium, a multi-purpose stadium in Glendale, is the home of the NFL’s Arizona Cardinals and the annual Fiesta. This stadium seats 63,400 people and has hosted two Super Bowls (NFL), two National College Football Championship games, and the 2017 NCAA Final Four Basketball Championship. It was named

NFL’s best playing surface in 2008 and Best New Venus of the 2000s by SportsIllustrated.com. The Sahuaro Ranch Park is another local favorite. This Ranch was founded in 1886 by William Henry Bartlett, and is used today as a park. It creates a recreational and historical experience, that has become the crown jewel of Glendale’s park system. The park is filled with various historical buildings, gardens, orchards, and groves. There are also peacocks and birds roaming through the area.

Glendale’s job market has increase by 3.3% over the last year. Over the next ten years, Glendale is expected to see a 46.1% increase in job growth. This is higher than the U.S. average of 33.5%. The economy of Glendale employs over 108,000 people with the largest industry being Retail Trade. Whether you are in Glendale to visit the famous State Farm Stadium or embarking on our next business venture, the city’s easy access and proximity to nearby large cities make it the perfect place to meet everyone’s needs.

LOCATION OVERVIEW

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Scottsdale

Cave Creek

Carefree

Peoria

PHOENIX

Surprise

Glendale

Sun CityWest

SunCity Fountain

HillsEl

Mirage

Youngtown

ParadiseValleyLuke

AFB

LitchfieldPark

Mesa

Goodyear

Avondale

Buckeye

Tolleson

Tempe

Gilbert

Guadalupe

ChandlerKomatke

QueenCreek

SunLakes

GilaBend

ApacheJunction

Santan

Sacaton

BlackwaterAk-Chin

Coolidge

CasaGrande

Eloy

FederalCorrectional

Institute

Moon ValleyCountry Club

North/SouthGC

Quail RunGC Scottsdale Country Club

Sun CityCC

CountryMeadows GC

ScottsdaleStadium

CypressGC Royal

Palms GCPhoenixStadium

StateCapitol

AmericaWest Arena Mesa

CC

RiverviewGC

Sun Devil Stadium

Tempe DiabloStadium Fiesta

Lakes GC

DobsonRanch GC

CompadreStadium

Gila BendAir Force Station

Salt River Pima-MaricopaIndian Reservation

Fort McDowellMohave-Apache

Indian Reservation

Gila RiverIndian Reservation

MaricopaAk-ChinIndian

Reservation

Gila RiverIndian Reservation

Red MountainDistrict Park

Lost DutchmanState Park

Casa Grande RuinsNat'l Monument

Estrella MountainRegional Park

Phoenix South Mountain Park

TontoNat'l

Forest

McDowellMountain

Park

ThunderbirdPark

White TankMountain

Regional Park

Cave

Cre

ek

Gila River

Verde R

iver

Verde River

Hass

ayam

pa R

iver

Syca

more

Cre

ek

Alder Creek

Gila River

Gila River

Skun

k Cree

k

Cave Creek

Syca

more C

reek

Queen Creek

LakePleasant

BartlettReservoir

Agua

Fria

Rive

rVer

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r

New

Rive

r

LakeBonita

Trilby WashDetention Basin

SaquaroLake

Salt River

Salt River

CanyonLake

Gila River

Beeli

ne H

wy

Beeli

ne H

wy

New R

iver R

d

7th

St7t

h St

7th

St

Irvine Rd

7th

Ave

7th

Ave

7th

Ave

Cave

Cre

ek R

d

Scot

tsdale

Rd

Scot

tsdale

Rd

Pim

a Rd

56th

St

Carefree Hwy

Morristown Hwy

Carefree Hwy

Scot

tsdale

Rd

Lake

Plea

sant

Rd

Cave

Cree

k Rd

Tatu

m B

lvdTa

tum

Blvd

Dynamite Blvd

Dixileta Dr

Lone Mountain Rd

Happy Valley Rd

51st

Ave

51st

Ave

19th

Ave

67th

Ave

67th

Ave

67th

Ave

35th

Ave

83rd

Ave

83rd

Ave

Pinnacle Peak Rd

Jomax Rd

Pinnacle Peak RdPinnacle Peak Rd

59th

Ave

40th

St

Deer Valley Rd

Canal R

d

Deer Valley Rd

75th

Ave

75th

Ave

Johnson Blvd

El M

irage

Rd

Beardsley RdBeardsley RdBeardsley Rd

43rd

Ave

32nd

St

32nd

St

99th

Ave

91st

Ave

91st

Ave

107t

h Av

e10

7th

Ave

Union Hills DrUnion Hills Dr

El M

irage

Rd

Bell RdBell Rd

64th

St

64th

St

64th

St

56th

St

Dysa

rt Rd

Surp

rise

Ave

Hayd

en R

d

Bush Hwy

Greenway RdGreenway

RdGreenway Rd

Bear

dsley

Can

al Rd

Fountain

Hills Blvd

59th

Ave

Palisades

Blvd

Thunderbird RdThunderbird Rd Thunderbird Rd

111t

h Av

e

Sweetwater Ave

24th

St

24th

St

Cactus RdCactus Rd 66th StCactus Rd

108t

h St

96th

St PalominoBlvd Kingstree

BlvdShea BlvdPeoria Ave

44th

St

Via LindaMountain View Rd

104t

h St

Doubletree Ranch RdDunlap AveOlive Ave

Cent

ral A

ve

27th

Ave

Via DeVentura

Beeline Hwy

Northern Ave

16th

St

Litch

field

Rd

Glendale AveLincoln Dr

63rd

Ave

105t

h Av

e

Inve

rgor

don

Rd

Mcdonald DrBethany Home Rd

20th

St

Bush

Hwy

Camelback RdCamelback Rd

Pim

a Rd

Indian School Rd Indian School RdIndian School Rd

Redmont

DrOsborn Rd

Reck

er R

d

Thomas Rd

Powe

r Rd

Thomas Rd

115t

h Av

e

Grand Ave

Encanto Blvd Oak St

52nd

St

Reem

s Rd

195t

h Av

e

Tuth

ill Rd

Mcdowell Rd Mcdowell RdMcdowell Rd

ValV

ista

Dr

Palo

Verd

e Rd

Galvi

nPk

wy

Tonopah Salome Hwy

Higle

y Rd

Colle

ge A

ve

Mckellips RdMckellips RdVan Buren St

Mcc

linto

ck D

r

Buckeye Rd

99th

Ave

Stap

ley D

r

Washington St

7th

Ave

7th

Ave

19th

Ave

Cent

ral A

ve7t

h St

24th St

24th

St

59th

Ave

User

y Pas

s Rd

91st

Ave

51st

Ave

35th

Ave

Curry Rd

Jack

rabb

it Trl

Sky Harbor Blvd Brown RdBrown RdYuma Rd

Cotto

n Ln

Western Ave

Mille

r Rd

Mill

Ave

Pries

t Dr

Rura

l Rd

Mcc

linto

ck D

r

Estre

lla P

kwy

Estre

lla P

kwy

Ogles

by R

d

University Dr University Dr

Dobs

on R

dDo

bson

Rd

Hard

y Dr

40th

St

40th

St

52nd

St Main StMain StMain St Apache TrlApache Blvd

Linds

ay R

d

Alm

a Sc

hool

RdAl

ma

Scho

ol Rd

Mes

a Dr

Powe

r Rd

Coun

try C

lub D

r

Gilbe

rt Rd Gr

eenf

ield

Rd

Crism

on R

d

48th

St

48th

St

Broadway Rd Broadway RdBroadway Rd Broadway Ave

32nd

St

32nd

St

Soss

aman

Rd

Pueblo RdSouthern AveSouthern AveSouthern AveSouthern Ave

Baseline Rd Baseline RdBaseline RdBaselineRd Baseline Rd

Mcq

ueen

Rd

20th

St

Salome Hwy

Guadalupe Rd Guadalupe RdDobbins Rd

44th

St

Price

Rd

Elliot Rd Elliot Rd

Coop

er R

d

Warner Rd

Ellsw

orth

Rd

Ray Rd

Rura

l Rd

Ray RdWilliams Field RdChandler BlvdChandler

Blvd Arizo

na A

ve

Dese

rt Fo

othills

Pkwy

Liberty LnPecos Rd

Pecos Rd

Mar

icopa

Rd

Maricopa Rd

Higle

y Rd

Beltline Road

Queen Creek RdQueen Creek Rd

Gilbe

rt Rd

Gilbe

rt Rd

Mer

idian

Rd

Alm

a Sc

hool

Rd

Riggs Rd

Price

Rd

Dobs

on R

d

Hunt HwyHunt Hwy

Mobile Rd

Cotto

n Cen

ter R

d

Watermelon Rd

Stou

t Rd

Butterfield Tr Rd

Apache

Trl

Mckellips Blvd

Corte

z Rd

Ironw

ood

Dr

Mer

idian

Rd

Idah

o Rd Lost Dutchman Blvd

Superstition Blvd

Holm

es R

d

Mou

ntain

View

Rd

Old West Hwy

Goldf

ield

Rd

Tom

ahaw

k Rd

Southern Ave

Kings

Ranch Rd

Moe

ur R

dM

ount

ain R

d Vine

yard

Rd

Indian Rt 3

Combs Rd

Schn

epf R

d

Hunt Hwy

Hunt Hwy

Hunt Hwy

Maric

opa R

d

Mar

icopa

Rd

Queen Creek Rd

Quail

Run

Ln

Bella Vista Rd

Felix

Rd

Indian Rt 1

Indian Res Rt 1

Arizona Farms RdCasa Blanca Rd

Indian Res Rt 9

Ralst

on R

d

Sage

St Garvey Ave Casa Grande Ave

Maricopa Casa Grande Hwy

Bowlin Rd

Hidd

enVa

lley R

d Farrell Rd

Amar

illoVa

lley R

d

Curry

Rd

Arizo

na B

lvd

Cowtown Rd

Whit

e Pa

rker

Rd

Whit

e Pa

rker

Rd

Papago Rd

War

ren

Rd

Kenilworth RdCoolidge AveVal Vista Rd

Ralst

on R

d

Pina

l Ave

Miller Rd McCartney Rd

Mon

tgom

ery R

d

Windsor Rd

Barnes Rd

Cent

ral A

ve

Bian

co R

d

Kortsen Rd Kortsen Rd

N Casa Grande Ave

Main Ave

Hidd

enVa

lley R

d

Cottonwood LnBeverly Hills Dr

Clayton RdMcmurray BlvdDune Shadow Rd

Gila Bend Hwy Florence BlvdArizona Dr

Thor

nton

Rd

Elev

en M

ile C

orne

r RdAsh Ave

Trek

ell R

d Main StPowerlineRd

Chuic

ha R

d

Cornman Rd

Tolte

c Hwy

Sign

al Pe

ak R

d

Beggs Rd

Sunla

nd G

in Rd

Hanna RdHannaRd

Estre

lla R

d

ChiricahuaSt

Frontier St

Shedd Rd Shedd RdShedd Rd

India

nTra

il Rd

Twee

dy R

d

Houser Rd

Battaglia Dr Battaglia Rd

128t

hAv

e

Stardust Blvd

DelW

ebb

Blvd

Greenway Pkwy

Cave Creek Rd

Frank Llo yd Wright Blvd

SaguaroBlvd

Bush

Hwy

WarnerE

lliot L

oop

Jomax Rd

Candlestick Dr

Citru

s Rd

Waddell Rd

Glendale Ave

Camelback Rd

Perry

ville

Rd Thomas Rd Thomas Rd

Sunri

se B

lvd

Union Hills DrUnion Hills Dr

Greenway Rd

Cotto

n Ln

Sariv

al Av

e

Reem

s Rd

Bulla

rd A

ve

Litch

field

Rd

Cactus Rd

Peoria Ave

Linds

ay R

d

Reck

er R

dRe

cker

Rd Soss

aman

Rd

Hawe

s Rd

Crimson Rd

Coop

er R

d

ValV

ista

Dr

Rittenhouse Rd

Gree

nfiel

d Rd

Pecos Rd

Mcq

ueen

Rd

Germann Rd

Queen Creek Rd

Crism

on R

d

Reeb

s Rd

Ocotillo Rd

Price

Rd

Chandler Heights Rd

Riggs Rd

Germann Rd

Pima Rd

Kenw

orth

y RdOcotillo Rd

Mes

a Rd

Coun

try C

lub D

r

Indian School Rd

Thomas Rd

Indian Bend Rd

CanalBank Rd

Hawe

s Rd

Germann Rd

Pries

t Dr

Kyre

ne R

d

75thAve

27th

Ave

35th

Ave

Dobbins Rd

Elliot Rd

75th

Ave Elliot Rd 59

th A

ve

Carver RdEstrella Dr

Saint Johns

Mission Rd

Pecos Rd

43rd

Ave

75th

Ave

67th

Ave

83rd

Ave

Lower Buckeye Rd

107t

h Av

eLower Buckeye Rd

123r

d Av

e Broadway Rd

Southern Ave

Indian Springs Rd

Southern Ave

Citru

s Rd

Broadway Rd

Airp

ort R

d

Beloat Rd

93rd

Ave

27th

Ave

33rd

Ave

16th

St

Desert Hills Dr

17th

Ave Joy Ranch Rd

Cloud RdCloudRd

64th

St

Happy Valley Rd Alm

aSc

hool

Rd

Jomax Rd 116t

h St

118t

h St

64th

St

Deer Valley Rd

Indian School Rd

Turn

er R

d

John

son

Rd

Brun

er R

d

Baseline Rd

Lower River RdHazen Rd

John

son

Rd Brun

er R

d

Narramore Rd

McDowell Rd

Wat

son

Rd

Dean

Rd

Apac

he R

d

Rook

s Rd

Lower Buckeye Rd

Buckeye Canal Rd

Elliot Rd

Rainbow Valley Rd

Tuth

ill Rd

Narramore Rd

Ray Rd

155t

h Av

e

171s

t Ave

Williams Field Rd

163r

d Av

e

203r

d Av

e

Queen Creek Rd

Ocotillo Rd

Sand

ia Rd Buenos Aires Rd

Riggs Rd

Hunt Hwy

Tuth

ill Rd

Ocotillo Rd

Indian Rd

Skyline Dr

Thom

pson

Rd

Phillips Rd

Drifter Pass Rd

Judd RdJudd Rd

Atta

way R

d

Heritage Rd

Quail

Run

Ln Co

oper

Rd

Bonnybrook Rd

Sier

raVi

sta R

d

Atta

way R

d

Ranchview Rd

Palmer Rd

Valle

y Far

ms R

d

Clem

ans R

d

Mayfield Rd

Nafzi

ger R

d

Blackwater Rd

Mac

rae

Rd

Mayfield Rd

Skou

sen

Rd

Kenw

orth

y Rd

Santan BaptistChurch Rd

Indian Route 68

India

nRo

ute

121

IndianRoute 72In

dian

Rout

e 12

5

Indian Route 60

India

n Ro

ute

97

India

nRo

ute

85 Saint Peters Mission Rd

India

n Ro

ute

93

Smith Enke Rd

Ande

rson

Rd

Mur

phy R

d

Hartm

an R

d

Honeycutt Rd

Whit

e Pa

rker

Rd

Fuqu

a Rd

Farrell Rd

Steen Rd

Russ

ell R

d

Peters andNall Rd

TradingPost Rd

India

n Ro

ute

121

India

n Ro

ute

125

India

n Ro

ute

131

India

n Ro

ute

28

Seed Farm RdSouthsideCanal Road

Gree

n Rd

War

ren

Rd

Table

Top

Rd

La Barranca DrMcdavid Rd

Whit

e Rd

Whit

e Rd

Cattle

Dr Peters And Nall RdPeters And Nall Rd

Fulcar Rd

Teel RdTeel Rd

Miller Rd

Sage

St

Smith

Rd

Table

Top

Rd Meadow Green Rd

Century RdClaytonRd

Arroyo Rd

Fresno Rd

Robin RdPiedra Rd

Teel Rd

Barnes Rd

Kortsen Rd

Meadow View Rd

Smith

Rd

Porte

r Rd

Miller Rd

Midw

ay R

d

Pres

s Rd

Barnes Rd

Stan

field

Rd

Lelaand RdClayton Rd

India

nVall

ey R

d

Peters RdPeters Ave

Corra

les R

d

Val Vista Rd

Teel Rd

Miller Rd Scot

t Dr

Burri

s Rd Te

rkell

Rd

Val Vista Blvd

Woodruff Rd

Pear

t RdEt

hingt

on R

d

Rodeo Rd

Henn

ess R

d

Kleck Rd

Story Rd

Millrise Rd

Waverly DrGhost Ranch Rd

Henn

ess

Rd

Vah Ki Inn Rd

Twee

dy R

d

Bechtel Rd

Cox R

d

Val Vista Rd

Tolte

c But

tes R

d

Woodruff Rd

Over

field

Rd

Randolph Rd

Sign

a Pe

ak R

d

Hacie

nda

Rd

La P

alma

Rd

Suns

hine

Blvd

Martin Rd

Bartlett Rd

Vail R

d

Whe

eler R

d

Fast

Trac

k Rd

Suns

hine

Blvd

Vail R

d

Earley Rd

Selma Hwy

Arica Rd Arica Rd

Fast

Trac

k Rd

Houser Rd

Earley Rd

Ethin

gton

Rd

Pear

t Rd

Henn

ess R

d

Cox R

d

Burri

s Rd

Hanna Rd

Arica Rd

Pear

t Rd

Carm

el Bl

vd

Ande

rson

Rd

Russ

ell R

d

Selma Hwy

Cornman Rd

Connelley Rd

Selma Hwy

Ogde

n Rd

187t

h Av

e

211t

h Av

e

243r

d Av

e

Dove Valley Rd Dove Valley Rd

219t

h Av

e

Sariv

al Av

e16

3rd

Ave

235t

h Av

e

Lone Mountain Rd

Mou

nbat

ten

Rd

Dixileta DrBradley Rd

203r

d Av

e

Croz

ier S

t

Patton Rd

195t

h Av

e

Jomax Rd

Happy Valley Rd

Black Mountain Rd

Deer Valley Rd

136t

h St

Lone Mountain Rd

144t

h St

160t

h St

168t

h St

174t

h St

152n

d St

128t

h St

Bulla

rd A

ve

Wickenburg Hwy

Grand Ave

Grand Ave

Buckeye Rd

Main St

Monroe Ave

Black Canyon Hwy

Agua

Fria

Frw

y

Squa

w Pe

ak P

kwy

HohokamExwy

Red

Mou

ntai

n Fr

wy

Red Mountain Frwy

48th

St

Pima Frwy

Superstition Frwy

Phoenix-Deer ValleyMunicipal Airport

ScottsdaleAirport

FalconField

Phoenix Sky HarborInt'l Airport

WilliamsGateway

ChandlerMunicipal

Airport

Casa GrandeMunicipal Airport

Phoenix CommunityCollege

Grand CanyonCollege

Phoenix JuniorCollege

Phoenix JuniorCollege

Mesa CommunityCollege

Arizona StateCollege

ScottsdaleCommunityCollege

Glendale CommunityCollege

SouthwesternCollege

Central ArizonaCollege

MARICOPAPINAL

60

60

85

85

85

85

74

74

74

87

153 143

101

303

101

51

587

87

87

236

347

347

347

238

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187

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17

17

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17

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15.86% From 2000

DEMOGRAPHICS / GLENDALE, AZ

388,750Total Population Within 5-Mile Radius

$71,524Average Household Income

Within 5-Mile Radius

$56,037Median Household Income

Within 5-Mile Radius

150,994Total Households Within

5-Mile Radius

18

Page 19: GLENDALE ARIZONA - NNNDeal.comnnndeal.com/media/Wilhelm_TireWorks_GlendaleAZ_OM.pdf · investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation,

POPULATION 1 MILE 3 MILES 5 MILES2023 Projection 13,699 136,794 388,7502018A Estimate 13,808 135,525 382,778Growth 2018A - 2023 -0.79% 0.94% 1.56%2000 Census 14,162 129,838 354,2272010 Census 12,921 125,945 353,682Growth 2000 - 2010 -8.76% -3.00% -0.15%

HOUSEHOLDS 1 MILES 3 MILES 5 MILES2023 Projections 5,317 50,768 150,9942018A Estimate 5,296 49,095 145,641Growth 2018A - 2023 0.39% 3.41% 3.68%

2000 Census 5,216 44,301 130,319

2010 Census 4,955 45,452 133,936Growth 2000 - 2010 -4.99% 2.60% 2.78%

HOUSEHOLDS BY INCOME 1 MILES 3 MILES 5 MILES$200,000 or More 4.01% 3.16% 2.75%

$150,000 - $199,999 4.73% 4.40% 4.08%

$100,000 - $149,999 16.05% 16.41% 13.66%$75,000 - $99,999 11.72% 15.23% 14.17%$50,000 - $74,999 18.63% 21.85% 20.89%$35,000 - $49,999 13.17% 14.01% 14.29%$25,000 - $34,999 10.49% 8.92% 10.29%$15,000 - $24,999 7.89% 7.78% 9.54%$10,000 - $14,999 4.44% 3.25% 4.13%Under $9,999 8.88% 5.00% 6.18% 2018A Est. Average Household Income $75,690 $77,601 $71,524

2018A Est. Median Household Income $56,609 $62,011 $56,037

2018A Est. Per Capita Income $29,772 $28,304 $27,383

POPULATION PROFILE 1 MILES 3 MILES 5 MILES2018A Estimated Population by Age 13,808 135,525 382,778

Under 4 5.0% 5.3% 5.9%5 to 14 Years 10.1% 11.8% 12.0%15 to 17 Years 4.2% 4.4% 4.1%18 to 19 Years 2.7% 2.8% 2.6%20 to 24 Years 7.9% 7.1% 7.0%25 to 29 Years 9.5% 7.2% 7.7%30 to 34 Years 7.0% 6.0% 6.4%35 to 39 Years 5.2% 5.5% 5.8%40 to 49 Years 11.9% 13.2% 13.0%50 to 59 Years 15.3% 16.4% 14.6%60 to 64 Years 6.1% 6.6% 5.9%65 to 69 Years 4.7% 5.2% 5.0%70 to 74 Years 3.0% 3.4% 3.5%Age 75+ 7.2% 5.1% 6.5%

2018A Median Age 38.3 39.9 38.7

Population 25+ by Education Level 9,663 92,931 261,602Elementary (0-8) 2.03% 2.54% 3.15%Some High School (9-11) 5.67% 6.45% 6.93%High School Graduate (12) 23.33% 28.01% 28.00%Some College (13-15) 30.37% 29.31% 28.15%Associates Degree Only 9.35% 9.60% 9.36%Bachelors Degree Only 17.54% 15.58% 15.63%Graduate Degree 10.89% 7.43% 7.53%

19

Page 20: GLENDALE ARIZONA - NNNDeal.comnnndeal.com/media/Wilhelm_TireWorks_GlendaleAZ_OM.pdf · investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation,

GLENDALEARIZONA

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

[email protected]: CA 01267761