About the market
Space Available
The site is located less than one-quarter mile north of the Interstate 10 and Loop 101 full diamond interchange. This intersection is situated at the front door to the West Valley of metropolitan Phoenix, one of the fastest growing areas in the United States. According to WESTMRC data, more than 1.7 million people call the West Valley home, and its population over the next five years is projected to grow at twice the national rate. The Maricopa Association of Governments predicts the West Valley will be home to over 2 million residents by 2030.
The site sits minutes north of the largest industrial land concentration in Greater Phoenix – the Southwest Valley Industrial Corridor. Home to more than 105,000 employees and 2,700 businesses including Amazon, UPS, FedEx, PepsiCo, Kroger, and Ball Corporation, the corridor is experiencing rapid growth due to its proximity to large west coast markets within a day’s drive, developable land, and business incentives from various jurisdictions within the corridor.
The site is located directly across 99th Avenue from Gateway Pavilions, a power center home to a variety of national bigbox retailers including Costco, Ulta Beauty, Marshall’s, and Harkins Theatres as well as dining options such as Chick-fil-A, McDonald’s, Coldstone, Red Robin, Taco Bell, and Carraba’s.
Demographics
2022 Estimated Population
| Radius | Total Population | Daytime Population |
|---|---|---|
| 1 mile | 9,508 | 11,564 |
| 3 mile | 115,923 | 100,603 |
| 5 mile | 334,553 | 272,181 |
2022 Estimated Household Income
| Radius | Average HHI | Median HHI |
|---|---|---|
| 1 mile | $76,364 | $61,079 |
| 3 mile | $81,408 | $65,948 |
| 5 mile | $83,681 | $65,185 |
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