Embed Size (px)
Citation preview
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASEPAD OPPORTUNITIES FOR LEASE
ESTIMATED DELIVERY: Q1 2017
This proposed entertainment and destination shopping center development will be the cornerstone of the Menifee Town Center Specific Plan. The Specific Plan is designed to create a landmark activity center featuring retail, commercial, residential and civic uses in the heart of Menifee, which is one of the fastest growing communities in California. At full build out, the Trade Area is projected to have over 500,000 people. Some of the key employment generators who have already committed to the Town Center Development, will be Menifee City Hall, the Riverside County Courthouse and the Santa Rosa Academy. This site is strategically located just west of the 215 Freeway on Newport Road and offers excellent accessibility to the surrounding residential communities of Menifee Valley, Sun City, Quail Valley, Canyon Lake and portions of Romoland.
Property Highlights
Traffic Counts• Interstate 215: 84,000 ADT• Newport Road: 48,500 ADT
1 MILE 3 MILES 5 MILES
Pop (2015) 10,264 64,619 115,618AHH Income $65,988 $67,330 $71,093Daytime Pop. 3,239 8,886 15,019
Demographics
Nearby Tenants
Coming Soon! 80,000 SF Krikorian Theatre12 screen cinema, 16 lane bowling alley and
Sports Bar & Grill!
NE
WP
OR
T RO
AD
NE
WP
OR
T RO
AD
HAUN ROAD HAUN ROAD
3
4
56a
MENIFEE TOWN CENTER MASTER PLANLEGEND:1. Neighborhood One 1a. Neighborhood 1 Product “A” 1b. Neighborhood 1 Product “B”2. Neighborhood Two3. Neighborhood Three4. Neighborhood Four5. Santa Rosa Academy6. Neighborhood Five 6a. Neighborhood 5 Product “A” 6b. Neighborhood 5 Product “B”7. Commercial Center8. Recreation Center and Daycare9. Urban Park10. Riverside County Courthouse11. Menifee City Hall12. 10-14+ Acre Shopping Center Devlopment Proposed13. Krikorian Entertainment Center14. 8+ Acre O�ce/Retail//Hotel Development Proposed15. Retail Center (Rich Development)16. Paloma Wash17. Countryside Retail Center18. Pedestrian Bridge
1b
2
7
8
9
10
11
16
17
18
1a
6b
15
14
12
13
17
PAD OPPORTUNITIES
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASEProposed Site Plan
Krikorian Premiere Theatres
±80,000 SF
*12 Movie Screens, 16 Bowling Lanes and Sports
Bar & Grill
PAD
17,
00
0 S
F
PAD 27,000 SF
PAD
38,
60
0 S
F
PAD 412,500 SF
TO
WN
CE
NTE
R D
RIV
E
NEWPORT ROAD
N.A.P.
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASE
Multi-FamilyResidential
NeighborhoodCenter
MovieTheater
Restaurants Shops
Regional County
Courthouse
CommercialCenter
MenifeeCityHall
Santa RosaAcademy
13*PotentiallyAvailable
2
19 18 17 16
Residential
Residential
UrbanPark
Property Overview | Tentative Parcel Map
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASE
The Farm1,437 UnitsThe Farm
1,437 Units
30 Units30 Units
76 Units76 Units
Menifee ValleyRanch
4,063 Units
Menifee ValleyRanch
4,063 Units
Menifee ValleyTown Center1,147 Units
Menifee ValleyTown Center1,147 Units
Glenhurst488 UnitsGlenhurst488 Units
Echo Ridge115 Units
Echo Ridge115 Units
630 Units630 Units
175 Units175 Units
Ashton Hills168Units
Ashton Hills168Units
Lakes at Menifee988 Units
Lakes at Menifee988 Units
Nautical Cove242 Units
Nautical Cove242 Units
Menifee Heights411 Units
Menifee Heights411 Units193 Units193 Units
197 Units197 Units
126 Units126 Units
469 Units469 Units
116 Units116 Units
189 Units189 Units
95 Units95 Units
Cimmaron Valley537 Units
Cimmaron Valley537 Units
494 Units494 Units
229 Units229 Units
Canyon Cove460 Units
Canyon Cove460 Units
Audie Murphy Ranch2,137 Units
Audie Murphy Ranch2,137 Units
Pacific Palms856 Units
Pacific Palms856 Units
174 Units174 Units
SITESITE
1,100 Units1,100 Units144 Units144 Units350 Units350 Units
Canyon Lake5,325 SF Units
Proposed
Canyon Lake5,325 SF Units
Proposed
215
215
PechangaDevelopment
350,000Mixed-Use
Development
COMING SOONCOMING SOON
Aerial
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASEDemographic and Income ProfileNewport Rd & Haun Rd, Menifee, California, 92584 2 Prepared by EsriNewport Rd & Haun Rd, Menifee, California, 92584 Latitude: 33.68506Ring: 1 mile radius Longitude: -117.17552
Summary Census 2010 2015 2020Population 9,815 10,264 11,073Households 3,780 3,907 4,166Families 2,716 2,802 2,993Average Household Size 2.59 2.62 2.66Owner Occupied Housing Units 2,834 2,839 3,005Renter Occupied Housing Units 946 1,068 1,161Median Age 39.7 40.8 39.6
Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 1.53% 0.73% 0.75%Households 1.29% 0.74% 0.77%Families 1.33% 0.76% 0.69%Owner HHs 1.14% 0.61% 0.70%Median Household Income 3.49% 3.36% 2.66%
2015 2020 Households by Income Number Percent Number Percent
<$15,000 329 8.4% 328 7.9%$15,000 - $24,999 399 10.2% 323 7.8%$25,000 - $34,999 594 15.2% 527 12.7%$35,000 - $49,999 492 12.6% 478 11.5%$50,000 - $74,999 682 17.5% 671 16.1%$75,000 - $99,999 670 17.1% 885 21.2%$100,000 - $149,999 529 13.5% 661 15.9%$150,000 - $199,999 147 3.8% 204 4.9%$200,000+ 64 1.6% 87 2.1%
Median Household Income $53,661 $63,717Average Household Income $65,988 $74,913Per Capita Income $24,162 $27,087
Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent
0 - 4 596 6.1% 611 6.0% 680 6.1%5 - 9 623 6.3% 553 5.4% 587 5.3%10 - 14 730 7.4% 654 6.4% 614 5.5%15 - 19 728 7.4% 667 6.5% 606 5.5%20 - 24 630 6.4% 787 7.7% 745 6.7%25 - 34 1,066 10.9% 1,265 12.3% 1,777 16.0%35 - 44 1,160 11.8% 1,077 10.5% 1,078 9.7%45 - 54 1,263 12.9% 1,246 12.1% 1,086 9.8%55 - 64 1,007 10.3% 1,134 11.0% 1,319 11.9%65 - 74 1,057 10.8% 1,173 11.4% 1,305 11.8%75 - 84 715 7.3% 796 7.8% 938 8.5%
85+ 240 2.4% 301 2.9% 337 3.0%Census 2010 2015 2020
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 7,525 76.7% 7,649 74.5% 8,000 72.3%Black Alone 448 4.6% 489 4.8% 552 5.0%American Indian Alone 50 0.5% 53 0.5% 57 0.5%Asian Alone 406 4.1% 447 4.4% 533 4.8%Pacific Islander Alone 26 0.3% 30 0.3% 35 0.3%Some Other Race Alone 880 9.0% 1,036 10.1% 1,237 11.2%Two or More Races 480 4.9% 560 5.5% 658 5.9%
Hispanic Origin (Any Race) 2,651 27.0% 3,098 30.2% 3,744 33.8%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.
January 20, 2016
©2015 Esri Page 1 of 6
Demographic and Income ProfileNewport Rd & Haun Rd, Menifee, California, 92584 2 Prepared by EsriNewport Rd & Haun Rd, Menifee, California, 92584 Latitude: 33.68506Ring: 3 mile radius Longitude: -117.17552
Summary Census 2010 2015 2020Population 56,432 64,619 71,557Households 20,600 22,991 25,091Families 14,495 16,338 17,929Average Household Size 2.73 2.81 2.85Owner Occupied Housing Units 15,757 17,095 18,486Renter Occupied Housing Units 4,843 5,896 6,605Median Age 38.6 38.8 37.2
Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 2.06% 0.73% 0.75%Households 1.76% 0.74% 0.77%Families 1.88% 0.76% 0.69%Owner HHs 1.58% 0.61% 0.70%Median Household Income 3.04% 3.36% 2.66%
2015 2020 Households by Income Number Percent Number Percent
<$15,000 2,117 9.2% 2,208 8.8%$15,000 - $24,999 2,845 12.4% 2,429 9.7%$25,000 - $34,999 3,257 14.2% 2,999 12.0%$35,000 - $49,999 3,133 13.6% 3,128 12.5%$50,000 - $74,999 3,889 16.9% 4,048 16.1%$75,000 - $99,999 3,000 13.0% 4,016 16.0%$100,000 - $149,999 2,988 13.0% 3,762 15.0%$150,000 - $199,999 1,180 5.1% 1,681 6.7%$200,000+ 583 2.5% 819 3.3%
Median Household Income $50,625 $58,799Average Household Income $67,330 $76,992Per Capita Income $23,803 $26,809
Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent
0 - 4 3,792 6.7% 4,376 6.8% 5,069 7.1%5 - 9 3,910 6.9% 4,236 6.6% 4,770 6.7%10 - 14 4,171 7.4% 4,321 6.7% 4,631 6.5%15 - 19 3,970 7.0% 4,010 6.2% 4,052 5.7%20 - 24 3,104 5.5% 4,131 6.4% 3,749 5.2%25 - 34 6,651 11.8% 8,329 12.9% 11,394 15.9%35 - 44 6,954 12.3% 7,737 12.0% 8,678 12.1%45 - 54 6,803 12.1% 7,379 11.4% 6,918 9.7%55 - 64 5,980 10.6% 7,155 11.1% 7,437 10.4%65 - 74 5,516 9.8% 6,746 10.4% 7,805 10.9%75 - 84 4,068 7.2% 4,308 6.7% 4,990 7.0%
85+ 1,511 2.7% 1,890 2.9% 2,063 2.9%Census 2010 2015 2020
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 40,773 72.3% 44,956 69.6% 47,989 67.1%Black Alone 3,154 5.6% 3,758 5.8% 4,302 6.0%American Indian Alone 434 0.8% 498 0.8% 553 0.8%Asian Alone 3,140 5.6% 3,892 6.0% 4,766 6.7%Pacific Islander Alone 233 0.4% 294 0.5% 354 0.5%Some Other Race Alone 5,847 10.4% 7,584 11.7% 9,234 12.9%Two or More Races 2,850 5.1% 3,637 5.6% 4,359 6.1%
Hispanic Origin (Any Race) 16,429 29.1% 21,027 32.5% 25,830 36.1%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.
January 20, 2016
©2015 Esri Page 3 of 6
Demographics
THE PLAZA AT MENIFEE TOWN CENTERSWC NEWPORT ROAD & HAUN ROAD, MENIFEE, CA 92584
Retail Division
Retail: Retail: 1000 Aviara Parkway, Suite 100, Carlsbad, CA 92011
T: +1 760 431 4200 F: +1 760 454 3869
cushmanwakefield.com
Bruce Schiff, CCIM +1 760 431 4207 [email protected] LIC #01232733
Chad Iafrate, CCIM +1 760 431 4234 [email protected] LIC #01484290
FO
RLEASEDemographicsDemographic and Income Profile
Newport Rd & Haun Rd, Menifee, California, 92584 2 Prepared by EsriNewport Rd & Haun Rd, Menifee, California, 92584 Latitude: 33.68506Ring: 5 mile radius Longitude: -117.17552
Summary Census 2010 2015 2020Population 101,784 115,618 127,251Households 35,106 38,938 42,305Families 25,553 28,525 31,100Average Household Size 2.89 2.96 3.00Owner Occupied Housing Units 27,014 29,107 31,343Renter Occupied Housing Units 8,092 9,832 10,962Median Age 36.8 36.9 35.8
Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 1.94% 0.73% 0.75%Households 1.67% 0.74% 0.77%Families 1.74% 0.76% 0.69%Owner HHs 1.49% 0.61% 0.70%Median Household Income 3.12% 3.36% 2.66%
2015 2020 Households by Income Number Percent Number Percent
<$15,000 3,321 8.5% 3,420 8.1%$15,000 - $24,999 4,364 11.2% 3,645 8.6%$25,000 - $34,999 4,950 12.7% 4,468 10.6%$35,000 - $49,999 5,559 14.3% 5,515 13.0%$50,000 - $74,999 6,774 17.4% 7,071 16.7%$75,000 - $99,999 5,129 13.2% 6,805 16.1%$100,000 - $149,999 5,333 13.7% 6,355 15.0%$150,000 - $199,999 2,325 6.0% 3,377 8.0%$200,000+ 1,184 3.0% 1,649 3.9%
Median Household Income $53,362 $62,237Average Household Income $71,093 $81,331Per Capita Income $23,971 $27,060
Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent
0 - 4 7,315 7.2% 8,322 7.2% 9,555 7.5%5 - 9 7,563 7.4% 8,154 7.1% 9,119 7.2%10 - 14 7,804 7.7% 8,208 7.1% 8,822 6.9%15 - 19 7,367 7.2% 7,431 6.4% 7,682 6.0%20 - 24 5,767 5.7% 7,421 6.4% 6,708 5.3%25 - 34 12,662 12.4% 15,530 13.4% 20,380 16.0%35 - 44 13,168 12.9% 14,480 12.5% 16,478 12.9%45 - 54 12,799 12.6% 13,606 11.8% 12,792 10.1%55 - 64 10,255 10.1% 12,539 10.8% 13,058 10.3%65 - 74 8,541 8.4% 10,529 9.1% 12,127 9.5%75 - 84 6,122 6.0% 6,466 5.6% 7,398 5.8%
85+ 2,422 2.4% 2,933 2.5% 3,133 2.5%Census 2010 2015 2020
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 72,656 71.4% 79,467 68.7% 84,363 66.3%Black Alone 5,106 5.0% 6,115 5.3% 6,968 5.5%American Indian Alone 818 0.8% 926 0.8% 1,018 0.8%Asian Alone 5,297 5.2% 6,515 5.6% 7,917 6.2%Pacific Islander Alone 392 0.4% 491 0.4% 584 0.5%Some Other Race Alone 12,473 12.3% 15,788 13.7% 18,914 14.9%Two or More Races 5,041 5.0% 6,317 5.5% 7,487 5.9%
Hispanic Origin (Any Race) 32,541 32.0% 40,924 35.4% 49,554 38.9%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.
January 20, 2016
©2015 Esri Page 5 of 6
