MARKET PROFILE ^ Z^ 2015

I-40

FRW

Y

I-40

FRW

Y

THE

MA

RK

ETPL

ACE

SEA

RS

DIL

LAR

D’SJC

PEN

NEY

SR 89-FRWY

SR 89-FRWY

FLA

GST

AFF

14

N

SAFE

WAY

LA-Z

-BO

Y

SAV

ERS

OFF

ICE

MA

X

CHA

SE

TUES

DAY

MO

RN

ING

PETC

O

ROU

TE 6

6

ROU

TE 6

6

DEV

ELO

PM

ENT

OP

PO

RTU

NIT

Y

OW

NED

OTH

ER

HO

ME

DEP

OTCO

ST P

LUS

ASH

LEY

FUR

NIT

UR

EO

LD N

AV

YB

EST

BU

YM

AR

SHA

LLS

F L A G S T A F F, A Z

M A R K E T P R O F I L E 2 0 1 5

FOR INFORMATION: 928-526-3949 Macerich.com

PROPERTY TYPE: Regional

TOTAL SQUARE FEET: 347,000

MAJOR RETAILERS: Dillard’s, JCPenney, Sears,

Ashley Furniture, Best Buy, Cost Plus World Market, Home Depot, Marshalls,

Old Navy, Petco, Tuesday Morning

RESTAURANTS & ENTERTAINMENT: Denny’s

FOOD COURT: 6 units

BUILT / RENOVATED: 1979 / 2007

POPULATION

2014 Population 100,046 199,266 137,407

2019 Population 101,818 201,521 139,739

2014-2019 Population Growth 1.8% 1.1% 1.7%

HOUSEHOLDS

2014 Households 33,985 69,146 47,878

2019 Households 34,823 70,476 49,021

2014-2019 Household Growth 2.5% 1.9% 2.4%

INCOME

Average Household Income $60,311 $55,962 $58,319

Median Household Income $46,066 $40,496 $43,612

Per Capita Income $22,096 $20,393 $21,589

HOUSEHOLD INCOME RANGES

$50,000 + 16,055 47.2% 29,209 42.2% 21,620 45.2%

$75,000 + 9,704 28.6% 16,879 24.4% 12,698 26.5%

$100,000 + 4,896 14.4% 8,505 12.3% 6,328 13.2%

$150,000 + 1,655 4.9% 3,094 4.5% 2,248 4.7%

AGE BY POPULATION

Median Age 29.1 33.2 31.3

EDUCATION/OCCUPATION LEVELS

Bachelor’s Degree Plus 20,238 35.4% 33,308 27.2% 24,951 30.4%

White Collar 28,698 58.0% 46,968 57.0% 36,905 56.9%

RACE/ETHNICITY

White 64,884 64.9% 106,432 53.4% 84,816 61.7%

Black 1,821 1.8% 3,196 1.6% 2,092 1.5%

American Indian 22,168 22.2% 70,790 35.5% 36,031 26.2%

Asian 1,702 1.7% 2,755 1.4% 2,254 1.6%

Pacific Islander 145 0.1% 219 0.1% 185 0.1%

Other Race 9,326 9.3% 15,874 8.0% 12,029 8.8%

Hispanic or Latino 15,482 15.5% 26,600 13.3% 19,309 14.1%

Not Hispanic or Latino 84,564 84.5% 172,666 86.7% 118,098 85.9%

DAYTIME EMPLOYMENT

Total Businesses 7,100 13,113 9,196

Total Employees 47,265 81,708 62,074

Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2014 and 2019

FLAGSTAFF, AZ [MSA]

DEMOGRAPHIC SUMMARY

PRIMARY TRADE AREA TOTAL TRADE AREA

TRADE AREA MAP

N

LEGEND

FLAGSTAFF MALL & THE MARKETPLACE

PRIMARY TRADE AREA

SECONDARY TRADE AREA

COMPETITIVE CENTERS

UPDATED 3/15

MARKET INFORMATION

EMPLOYEE COUNT1 FLAGSTAFF MEDICAL CENTER 2,800 2 NORTHERN ARIZONA UNIVERSITY 2,6003 WL GORE 1,9504 FLAGSTAFF UNIFIED SCHOOL DISTRICT 1,300 5 COCONINO COUNTY 1,2006 TWIN ARROWS RESORT AND CASINO 7007 CITY OF FLAGSTAFF 7008 WALMART 5759 GRAND CANYON RAILWAY 45010 SCA TISSUE NORTH AMERICA 255

NUMBER OF SCHOOLS NUMBER OF STUDENTS FLAGSTAFF UNIFIED SCHOOL DISTRICT 15 9,700CHINLE UNIFIED SCHOOL DISTRICT 7 3,500PAGE UNIFIED SCHOOL DISTRICT 4 3,000WINDOW ROCK 4 2,270WINSLOW UNIFIED SCHOOL DISTRICT 5 2,181

COLLEGE/UNIVERSITY LOCATION STUDENT POPULATION NORTHERN ARIZONA UNIVERSITY FLAGSTAFF 27,715COCONINO COMMUNITY COLLEGE FLAGSTAFF 4,500

MAJOR HOTELS NUMBER OF ROOMS LITTLE AMERICA 247DOUBLETREE 200COURTYARD MARRIOTT 164DRURY INN & SUITES 160EMBASSY SUITES 119EXTENDED STAY 102

MAJOR EMPLOYERS YEARLY SALES

SCHOOLS

TOURISM

MONTH SALES %JAN 6.7%FEB 8.4%MAR 8.1%APR 7.1%MAY 7.5%JUN 7.7%JUL 8.1%AUG 8.7%SEP 8.0%OCT 8.0%NOV 8.7%DEC 13.0%

AVERAGE SELLING PRICE 2014 NEW HOUSING PERMITS - SINGLE & MULTI FAMILY 2013 2014FLAGSTAFF $284,500 FLAGSTAFF 191 163SEDONA $313,875 SEDONA 32 67 MUNDS PARK $179,900 WILLIAMS 2 2WILLIAMS $103,000 COCONINO COUNTY 79 76WINSLOW $59,000

HOUSING

MAJOR HIGHWAYS NEAR CENTER 2014 AVG DAILYINTERSTATE 40 (EXIT 201) AND MAIN MALL ENTRANCE 30,793US HWY 89 AND MARKETPLACE 10,538RT 66 AND MALL WAY (BANK ENTRANCE) 5,943

VEHICLE TRAFFIC COUNTS

REA03

REA02

REA01

DESIGNS WEST

HOME FURNISHINGS

BANK OF AMERICA

OFFICEMAX

PAD A-1

PAD B-1

PAD 3

• Located 140 miles north of Phoenix, where historic Route 66 meets Highway 89, Flagstaff Mall is Northern Arizona’s largest indoor collection of national and local retail brands.

• As the region’s retail hub, the mall serves a geographically expansive trade area that extends 150 miles north to Page on the Arizona/Utah border, 100 miles east along I-40 to Holbrook and 100 miles west to include the communities of Sedona, Cottonwood and Camp Verde. This trade area includes 200,000 residents with 24% reporting household income of more than $75,000.

• Nestled in the country’s largest ponderosa pine tree forest, the lodge-style architecture, four-sided fireplace and Camp Wannaplay children’s play area are perfect for the whole family to enjoy.

• Featuring more than 70 specialty stores and eateries with favorites including Dillard’s, JCPenney, Sears, Bath & Body Works, Buckle, The Children’s Place and Victoria’s Secret, plus a comfortable food court with Wi-Fi.

• The Marketplace is an adjacent outdoor center with additional convenient shopping, including Old Navy, Marshalls, Cost Plus World Market and Best Buy.

SITE PLAN

SES

18,230 S.F.CENTERGARDEN

8,000 S.F.BUILDABLE AREA

PAD 76,000 S.F.

BUILDABLE AREAPAD 3

4,500 S.F.PAD 4


PAD 653 PARKING SPACES

ZONE UCLOT 1

Auto Park

~2.5 ACRESZONE UC

LOT 2FLAGSTAFF NISSAN-SUBARU

~5 ACRES

ZONE UCLOT 3

FINDLAY TOYOTA

~6 ACRES

ZONE UCLOT 4

PLANET CHRYSLER DODGE JEEP RAM

OF FLAGSTAFF~4 ACRES

Auto Park

Auto Park

Auto Park

ZONE UCMIXED USE PARCEL

FINDLAY VW

Auto Park

Auto Park


PAD 2


PAD 1

PAD 5

102103104105

106107

PETCO

COST PLUSWORLDMARKET

ASHLEYFURNITURE

OLD NAVYBEST BUYMARSHALLS

TUESDAYMORNING

AVAILABLE

FINDLAY HONDA

I-40

FRW

Y

I-40

FRW

Y

THE

MA

RK

ETPL

ACE

SEA

RS

DIL

LAR

D’SJC

PEN

NEY

SR 89-FRWY

SR 89-FRWY

FLA

GST

AFF

14

N

SAFE

WAY

LA-Z

-BO

Y

SAV

ERS

OFF

ICE

MA

X

CHA

SE

TUES

DAY

MO

RN

ING

PETC

O

ROU

TE 6

6

ROU

TE 6

6

DEV

ELO

PM

ENT

OP

PO

RTU

NIT

Y

OW

NED

OTH

ER

HO

ME

DEP

OTCO

ST P

LUS

ASH

LEY

FUR

NIT

UR

EO

LD N

AV

YB

EST

BU

YM

AR

SHA

LLS

MARKET PROFILE ^ Z^ 2015

Documents

Transcript of MARKET PROFILE ^ Z^ 2015