GRAND VILLAGE PLAZA - LoopNet€¦ · 2000-2010 Census, 2018 Estimates with 2023 Projections...

PROPERTY HIGHLIGHTS SITE PLAN / AVAILABILITY AERIAL CONTACT DEMOGRAPHICS

Brian [email protected]

Brad [email protected]

GRAND VILLAGE PLAZAGrand Ave and Reems Rd - Southwest CornerSurprise, Arizona




Property Highlights• +/- 55,255 SF Anchor space available

• Over 40,000 cars per day at the intersection

• Less than 2 miles from over 1,000,000 SF of retail at Bell & Grand

• Located at a fully signalized intersection

• 375 parking spaces

• Across the street from Banner Health Del Webb campus

Traffic CountsReems Rd 17,630 VPDMarket St 28,698 VPD

Total 46,328 VPD

Demographics 1 mi 3 mi 5 miEstimated Population 9,937 81,797 190,009Estimated Households 5,312 38,742 76.336Med Household Income $52,823 $57,186 $61,774Daytime Population 7,825 23,484 34,495Source: SitesUSA

ANCHOR, SHOPS, AND PADS AVAILABLE!


Nearby Tenants




(Not A Part)




Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 1 of 5©2018, Sites USA, Chandler, Arizona, 480-491-1112

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EXPANDED PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 33.6570/-112.3736RF5

W Grand Ave & N Reems Rd1 mi radius 3 mi radius 5 mi radius

PopulationEstimated Population (2018) 9,937 81,797 190,009Projected Population (2023) 10,913 89,889 209,393Census Population (2010) 8,675 75,086 169,192Census Population (2000) 7,775 47,038 68,442Projected Annual Growth (2018 to 2023) 976 2.0% 8,093 2.0% 19,384 2.0%

Historical Annual Growth (2010 to 2018) 1,262 1.8% 6,711 1.1% 20,817 1.5%

Historical Annual Growth (2000 to 2010) 900 1.2% 28,048 6.0% 100,750 14.7%

Estimated Population Density (2018) 3,164 psm 2,894 psm 2,420 psm

Trade Area Size 3.14 sq mi 28.27 sq mi 78.51 sq mi

HouseholdsEstimated Households (2018) 5,312 38,742 76,336Projected Households (2023) 5,662 41,232 81,513Census Households (2010) 4,566 35,467 68,230Census Households (2000) 3,773 23,178 31,899Estimated Households with Children (2018) 491 9.2% 6,078 15.7% 20,568 26.9%

Estimated Average Household Size (2018) 1.84 2.10 2.48

Average Household IncomeEstimated Average Household Income (2018) $67,577 $71,664 $75,291Projected Average Household Income (2023) $75,557 $79,698 $83,715

Estimated Average Family Income (2018) $79,303 $81,415 $83,553

Median Household IncomeEstimated Median Household Income (2018) $52,823 $57,186 $61,774Projected Median Household Income (2023) $60,412 $65,435 $70,801

Estimated Median Family Income (2018) $70,135 $69,928 $72,152

Per Capita IncomeEstimated Per Capita Income (2018) $36,235 $33,971 $30,269Projected Per Capita Income (2023) $39,302 $36,583 $32,608Estimated Per Capita Income 5 Year Growth $3,066 8.5% $2,612 7.7% $2,339 7.7%

Estimated Average Household Net Worth (2018) $603,505 $626,444 $647,106

Daytime Demos (2018)Total Businesses 827 2,593 3,872Total Employees 7,825 23,484 34,495Company Headquarter Businesses 2 0.2% 2 0.1% 3 0.1%

Company Headquarter Employees 1,376 17.6% 1,404 6.0% 1,449 4.2%

Employee Population per Business 9.5 9.1 8.9Residential Population per Business 12.0 31.6 49.1





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Lat/Lon: 33.6570/-112.3736RF5


Race & EthnicityWhite (2018) 8,807 88.6% 68,662 83.9% 148,289 78.0%Black or African American (2018) 386 3.9% 3,732 4.6% 10,550 5.6%American Indian or Alaska Native (2018) 39 0.4% 465 0.6% 1,392 0.7%Asian (2018) 210 2.1% 2,118 2.6% 5,760 3.0%Hawaiian or Pacific Islander (2018) 11 0.1% 115 0.1% 383 0.2%Other Race (2018) 213 2.1% 4,044 4.9% 16,193 8.5%Two or More Races (2018) 271 2.7% 2,661 3.3% 7,442 3.9%

Not Hispanic or Latino Population (2018) 8,761 88.2% 69,228 84.6% 148,828 78.3%Hispanic or Latino Population (2018) 1,176 11.8% 12,569 15.4% 41,181 21.7%Not Hispanic or Latino Population (2023) 9,360 85.8% 74,288 82.6% 160,103 76.5%Hispanic or Latino Population (2023) 1,553 14.2% 15,602 17.4% 49,290 23.5%Not Hispanic or Latino Population (2010) 8,030 92.6% 66,270 88.3% 136,779 80.8%Hispanic or Latino Population (2010) 645 7.4% 8,816 11.7% 32,413 19.2%Not Hispanic or Latino Population (2000) 7,340 94.4% 42,506 90.4% 57,291 83.7%Hispanic or Latino Population (2000) 435 5.6% 4,532 9.6% 11,151 16.3%Projected Hispanic Annual Growth (2018 to 2023) 376 6.4% 3,033 4.8% 8,109 3.9%Historic Hispanic Annual Growth (2000 to 2018) 742 9.5% 8,037 9.9% 30,030 15.0%

Age Distribution (2018)Age Under 5 230 2.3% 3,135 3.8% 11,305 5.9%Age 5 to 9 Years 278 2.8% 3,305 4.0% 11,644 6.1%Age 10 to 14 Years 278 2.8% 3,277 4.0% 11,233 5.9%Age 15 to 19 Years 257 2.6% 2,818 3.4% 9,121 4.8%Age 20 to 24 Years 208 2.1% 2,368 2.9% 7,589 4.0%Age 25 to 29 Years 242 2.4% 3,107 3.8% 10,688 5.6%Age 30 to 34 Years 234 2.4% 3,379 4.1% 11,830 6.2%Age 35 to 39 Years 274 2.8% 3,348 4.1% 11,285 5.9%Age 40 to 44 Years 269 2.7% 2,861 3.5% 9,024 4.7%Age 45 to 49 Years 303 3.0% 2,740 3.3% 8,268 4.4%Age 50 to 54 Years 303 3.0% 2,768 3.4% 7,801 4.1%Age 55 to 59 Years 485 4.9% 4,047 4.9% 9,496 5.0%Age 60 to 64 Years 803 8.1% 6,423 7.9% 12,417 6.5%Age 65 to 74 Years 2,442 24.6% 19,017 23.2% 31,338 16.5%Age 75 to 84 Years 2,155 21.7% 13,904 17.0% 19,812 10.4%Age 85 Years or Over 1,175 11.8% 5,300 6.5% 7,159 3.8%Median Age 61.0 53.3 44.1

Gender Age Distribution (2018)Female Population 5,493 55.3% 44,141 54.0% 99,640 52.4%

Age 0 to 19 Years 522 9.5% 6,244 14.1% 21,238 21.3%Age 20 to 64 Years 1,715 31.2% 16,990 38.5% 46,839 47.0%Age 65 Years or Over 3,256 59.3% 20,908 47.4% 31,564 31.7%

Female Median Age 62.0 54.2 45.1

Male Population 4,443 44.7% 37,655 46.0% 90,369 47.6%Age 0 to 19 Years 520 11.7% 6,291 16.7% 22,065 24.4%Age 20 to 64 Years 1,406 31.6% 14,051 37.3% 41,560 46.0%Age 65 Years or Over 2,517 56.6% 17,314 46.0% 26,744 29.6%

Male Median Age 59.7 52.3 43.0





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Lat/Lon: 33.6570/-112.3736RF5


Household Income Distribution (2018)HH Income $200,000 or More 164 3.1% 1,199 3.1% 2,368 3.1%HH Income $150,000 to $199,999 233 4.4% 1,841 4.8% 3,682 4.8%HH Income $100,000 to $149,999 668 12.6% 5,160 13.3% 11,446 15.0%HH Income $75,000 to $99,999 717 13.5% 5,051 13.0% 11,579 15.2%HH Income $50,000 to $74,999 1,061 20.0% 8,286 21.4% 16,886 22.1%HH Income $35,000 to $49,999 757 14.2% 6,122 15.8% 11,148 14.6%HH Income $25,000 to $34,999 638 12.0% 4,938 12.7% 8,009 10.5%HH Income $15,000 to $24,999 597 11.2% 3,305 8.5% 5,683 7.4%HH Income Under $15,000 477 9.0% 2,841 7.3% 5,535 7.3%

HH Income $35,000 or More 3,600 67.8% 27,658 71.4% 57,108 74.8%HH Income $75,000 or More 1,781 33.5% 13,251 34.2% 29,075 38.1%

Housing (2018)Total Housing Units 5,990 44,320 86,286Housing Units Occupied 5,312 88.7% 38,742 87.4% 76,336 88.5%

Housing Units Owner-Occupied 3,914 73.7% 31,409 81.1% 61,504 80.6%Housing Units, Renter-Occupied 1,398 26.3% 7,333 18.9% 14,831 19.4%

Housing Units, Vacant 678 11.3% 5,578 12.6% 9,950 11.5%

Marital Status (2018)Never Married 1,108 12.1% 10,441 14.5% 30,930 19.8%Currently Married 4,982 54.4% 42,562 59.0% 87,976 56.5%Separated 237 2.6% 1,589 2.2% 4,711 3.0%Widowed 1,771 19.4% 8,943 12.4% 13,687 8.8%Divorced 1,053 11.5% 8,545 11.9% 18,524 11.9%

Household Type (2018)Population Family 7,205 72.5% 66,201 80.9% 162,643 85.6%Population Non-Family 2,554 25.7% 15,301 18.7% 26,893 14.2%Population Group Quarters 178 1.8% 295 0.4% 473 0.2%

Family Households 2,980 56.1% 25,281 65.3% 53,984 70.7%Non-Family Households 2,332 43.9% 13,461 34.7% 22,352 29.3%Married Couple with Children 271 5.4% 3,869 9.1% 13,961 15.9%Average Family Household Size 2.4 2.6 3.0

Household Size (2018)1 Person Households 2,115 39.8% 11,851 30.6% 18,673 24.5%2 Person Households 2,546 47.9% 19,350 49.9% 32,705 42.8%3 Person Households 286 5.4% 2,969 7.7% 8,463 11.1%4 Person Households 208 3.9% 2,450 6.3% 8,260 10.8%5 Person Households 99 1.9% 1,239 3.2% 4,678 6.1%6 or More Person Households 57 1.1% 882 2.3% 3,557 4.7%

Household Vehicles (2018)Households with 0 Vehicles Available 397 7.5% 1,560 4.0% 2,379 3.1%Households with 1 Vehicles Available 2,696 50.7% 19,749 51.0% 32,733 42.9%Households with 2 or More Vehicles Available 2,219 41.8% 17,433 45.0% 41,224 54.0%

Total Vehicles Available 7,710 59,686 130,631Average Vehicles Per Household 1.5 1.5 1.7





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Lat/Lon: 33.6570/-112.3736RF5


Labor Force (2018)Estimated Labor Population Age 16 Years or Over 9,101 71,469 153,761Estimated Civilian Employed 2,599 28.6% 24,618 34.4% 70,969 46.2%Estimated Civilian Unemployed 110 1.2% 1,173 1.6% 3,194 2.1%Estimated in Armed Forces - - 133 0.2% 424 0.3%Estimated Not in Labor Force 6,392 70.2% 45,545 63.7% 79,174 51.5%Unemployment Rate 1.2% 1.6% 2.1%

Occupation (2015)Occupation: Population Age 16 Years or Over 2,615 24,632 71,997Management, Business, Financial Operations 307 11.7% 3,519 14.3% 10,327 14.3%Professional, Related 574 21.9% 5,081 20.6% 14,673 20.4%Service 398 15.2% 4,559 18.5% 14,068 19.5%Sales, Office 840 32.1% 7,035 28.6% 20,375 28.3%Farming, Fishing, Forestry - - 44 0.2% 115 0.2%Construct, Extraction, Maintenance 252 9.6% 1,907 7.7% 5,843 8.1%Production, Transport Material Moving 244 9.3% 2,488 10.1% 6,597 9.2%

White Collar Workers 1,721 65.8% 15,634 63.5% 45,375 63.0%Blue Collar Workers 894 34.2% 8,998 36.5% 26,622 37.0%

Consumer Expenditure (2018)Total Household Expenditure $285 M $2.16 B $4.41 B

Total Non-Retail Expenditure $148 M 51.9% $1.12 B 51.8% $2.27 B 51.6%Total Retail Expenditure $137 M 48.1% $1.04 B 48.2% $2.13 B 48.4%

Apparel $9.81 M 3.4% $74.6 M 3.5% $153 M 3.5%Contributions $12.2 M 4.3% $92.6 M 4.3% $186 M 4.2%Education $9.77 M 3.4% $74.1 M 3.4% $154 M 3.5%Entertainment $15.9 M 5.6% $121 M 5.6% $247 M 5.6%Food and Beverages $42.0 M 14.7% $318 M 14.7% $650 M 14.8%Furnishings and Equipment $9.70 M 3.4% $73.9 M 3.4% $152 M 3.4%Gifts $6.94 M 2.4% $52.7 M 2.4% $107 M 2.4%Health Care $23.8 M 8.4% $179 M 8.3% $358 M 8.1%Household Operations $7.76 M 2.7% $59.5 M 2.8% $123 M 2.8%Miscellaneous Expenses $4.29 M 1.5% $32.3 M 1.5% $65.5 M 1.5%Personal Care $3.69 M 1.3% $28.0 M 1.3% $57.2 M 1.3%Personal Insurance $2.03 M 0.7% $15.6 M 0.7% $31.9 M 0.7%Reading $642 K 0.2% $4.85 M 0.2% $9.80 M 0.2%Shelter $59.1 M 20.7% $446 M 20.6% $906 M 20.6%Tobacco $1.82 M 0.6% $13.6 M 0.6% $27.4 M 0.6%Transportation $54.1 M 19.0% $413 M 19.1% $847 M 19.2%Utilities $21.6 M 7.6% $163 M 7.5% $332 M 7.5%

Educational Attainment (2018)Adult Population Age 25 Years or Over 8,686 66,894 139,117Elementary (Grade Level 0 to 8) 104 1.2% 1,443 2.2% 4,126 3.0%Some High School (Grade Level 9 to 11) 499 5.8% 3,352 5.0% 7,532 5.4%High School Graduate 2,176 25.1% 17,004 25.4% 37,141 26.7%Some College 2,380 27.4% 18,221 27.2% 38,307 27.5%Associate Degree Only 967 11.1% 6,035 9.0% 12,740 9.2%Bachelor Degree Only 1,633 18.8% 12,874 19.2% 25,754 18.5%Graduate Degree 926 10.7% 7,965 11.9% 13,516 9.7%





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Lat/Lon: 33.6570/-112.3736RF5


Units In Structure (2015)1 Detached Unit 3,785 82.9% 31,939 90.1% 64,918 95.1%1 Attached Unit 437 9.6% 2,344 6.6% 3,228 4.7%2 to 4 Units 125 2.7% 602 1.7% 927 1.4%5 to 9 Units 119 2.6% 577 1.6% 1,036 1.5%10 to 19 Units 147 3.2% 664 1.9% 1,022 1.5%20 to 49 Units 154 3.4% 542 1.5% 705 1.0%50 or More Units 542 11.9% 1,421 4.0% 1,951 2.9%Mobile Home or Trailer 37 0.8% 619 1.7% 2,944 4.3%Other Structure 1 - 48 0.1% 185 0.3%

Homes Built By Year (2015)Homes Built 2010 or later 68 1.5% 477 1.3% 1,505 2.2%Homes Built 2000 to 2009 1,160 25.4% 12,292 34.7% 34,016 49.9%Homes Built 1990 to 1999 2,059 45.1% 13,091 36.9% 18,787 27.5%Homes Built 1980 to 1989 1,415 31.0% 6,635 18.7% 9,531 14.0%Homes Built 1970 to 1979 386 8.4% 4,242 12.0% 7,588 11.1%Homes Built 1960 to 1969 114 2.5% 872 2.5% 1,863 2.7%Homes Built 1950 to 1959 49 1.1% 421 1.2% 964 1.4%Homes Built Before 1949 23 0.5% 270 0.8% 604 0.9%

Home Values (2015)Home Values $1,000,000 or More 19 0.5% 177 0.6% 335 0.6%Home Values $500,000 to $999,999 236 6.5% 1,693 5.8% 3,063 5.5%Home Values $400,000 to $499,999 221 6.0% 1,788 6.1% 3,243 5.9%Home Values $300,000 to $399,999 575 15.8% 4,237 14.4% 7,679 13.9%Home Values $200,000 to $299,999 1,132 31.0% 10,072 34.3% 20,702 37.5%Home Values $150,000 to $199,999 968 26.5% 7,293 24.9% 14,168 25.6%Home Values $100,000 to $149,999 538 14.7% 3,952 13.5% 7,525 13.6%Home Values $70,000 to $99,999 109 3.0% 898 3.1% 1,958 3.5%Home Values $50,000 to $69,999 24 0.7% 197 0.7% 659 1.2%Home Values $25,000 to $49,999 30 0.8% 257 0.9% 834 1.5%Home Values Under $25,000 70 1.9% 713 2.4% 1,578 2.9%Owner-Occupied Median Home Value $223,899 $220,954 $215,583Renter-Occupied Median Rent $1,316 $1,066 $1,010

Transportation To Work (2015)Drive to Work Alone 3,914 84.5% 30,000 78.1% 71,401 78.9%Drive to Work in Carpool 348 7.5% 3,581 9.3% 8,922 9.9%Travel to Work by Public Transportation 13 0.3% 157 0.4% 485 0.5%Drive to Work on Motorcycle 8 0.2% 97 0.3% 289 0.3%Walk or Bicycle to Work 34 0.7% 514 1.3% 1,108 1.2%Other Means 45 1.0% 376 1.0% 924 1.0%Work at Home 271 5.9% 3,707 9.6% 7,314 8.1%

Travel Time (2015)Travel to Work in 14 Minutes or Less 819 18.8% 5,977 17.2% 13,283 16.0%Travel to Work in 15 to 29 Minutes 621 14.2% 5,891 17.0% 19,931 24.0%Travel to Work in 30 to 59 Minutes 687 15.8% 8,234 23.7% 25,739 31.0%Travel to Work in 60 Minutes or More 323 7.4% 2,617 7.5% 8,180 9.8%Average Minutes Travel to Work 20.0 23.8 26.5




2415 East Camelback Road, Suite 400Phoenix, Arizona 85016602.682.8100


The information contained in this brochure has been obtained from sources believed reliable. We have not verified the information, and make no guaran-tee, warranty or representation about it. Any financial projections, assumptions or estimates used are for example only and do not represent the current or future performance of the property. We recommend that you and/or your advisors conduct a complete analysis of the property and make your own deter-mination on the suitability of the property for your specific needs. Velocity Retail Group, LLC and the VRG logo are service marks of Velocity Retail Group, LLC. All other marks displayed in this document are the property of their respective owners.


GRAND VILLAGE PLAZA - LoopNet€¦ · 2000-2010 Census, 2018 Estimates with 2023 Projections...

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