Tucson, AZ | Shopfoothillsmall.Com

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Tucson, AZ | Shopfoothillsmall.Com Tucson, AZ | shopfoothillsmall.com OUTLETS, ENTERTAINMENT & MORE AREA INFO - Conveniently located 2 miles east of I-10 on Ina Road - Only 60 miles from Nogales, AZ/Nogales, Sonora Mexico—a key border crossing point FOOTHILLS MALL - Offers the benefit of no city sales tax 10 MILE Population: 412,364 (FHM is located in unincorporated Pima Co., 30 MILE 7.1% vs. 9.1% sales tax in Tucson FOOTHILLS MALL ABOUT THE CENTER Population: 956,459 - La Cholla Medical Center directly across the street 50 MILE Foothills mall is being repositioned to become the Tucson established trade area with over 1 million permanent residents Population: 1,044,842 - Home to University of Arizona with over region’s premier destination for factory outlet shopping and and serves as a gateway city for a sizeable population 38,000 students entertainment. Already drawing close to 5 million visitors of Mexican immigrants and National tourists alike. per year, the center is ideally located amongst the vast Despite the positive demographic and retail trends, Tucson majority of the city’s permanent population and convenient is dramatically underserved in the factory outlet retail arena. DEMOGRAPHICS from I-10. Foothills Mall currently offers over 80 specialty Recognizing the opportunity on hand, the owners of the CatEGORY 10 MILE 30 MILE 50 MILE stores, restaurants, an international food court, a Game Foothills Mall will invest significant capital resources to Population 412,364 956,459 1,044,842 Works Studio, a 15-screen multiplex cinema including improve the outlet merchandising mix and refocus Households 172,340 376,908 412,012 Tucson’s only IMAX Theater. The Tucson market is an marketing efforts on promoting the outlet attraction. Median Age 36.9 37.2 38.1 2001 HOUSEHOLDS BY INCOME 7401 N. La Cholla Boulevard Tucson, AZ 85741 | TOtaL SQUARE FOOtaGE: 511,278 Median Household Income $46,543 $42,325 $42,417 Average Household Income $69,066 $57,211 $57,182 ANCHOR TENANTS POPULatiON DENSitY USA Population Density Block Groups 100,001 to 382,183 - Barnes & Noble FOOTHILLS MALL 25,001 to 100,000 10,001 to 25,000 1,001 to 10,000 - AMC Lowes Foothills Theatres 101 to 1,000 0 to 100 - Old Navy Zero Population - Saks Fifth Avenue Off 5th - Ross Dress for Less - Nike Factory Store 2 3 ARIZONA TUCSON TO PHOENIX FOOTHILLS MALL TUCSON ARIZONA’s SECOND LARGEST CitY Tucson is now the second-largest city in Arizona THE MARKET FOOTHILLS MALL after the state capital, Phoenix; it is also the county • Tucson is the 32nd largest city in the U.S. seat of Pima County, which includes the towns NOGALES AZ / MEXICAN BORDER of Marana, Oro Valley, Catalina, South Tucson, • Population of Metropolitan Tucson Sahuarita, Vail, and Green Valley. Metropolitan is over 1 million AREA ATTRACTIONS Tucson’s population is more than 1 million; RITZ CARLTON • Total area of Tucson is 227 miles this includes roughly 50,000 students and DOVE MOUNTAIN employees at the University of Arizona, • Housing - 2011: Tucson is the Gateway to the Historic Anza Average Sale Price: $163,527 Trail and is becoming one of the hottest new itineraries in the nation. Tucson’s TOP 5 EMPLOYERS FOOTHILLS MALL TUCSON IS HOME TO • Raytheon Missile Systems LA ENCANTADA • The University of Arizona and University Medical Center teaching hospital • University of Arizona TUCSON MALL CANYON RANCH RESORT • Raytheon • Davis-Monthan Air Force Base • State of Arizona • Canyon Ranch Resort • Davis-Monthan Air Force Base UNIVERSITY OF ARIZONA • Tucson Padres Baseball Club PARK PLACE MALL • Multiple resorts, conference centers • Wal-Mart Stores, Inc. and golf courses (including the Ritz Carlton TUCSON PADRES BASEBALL CLUB DAVIS-MONTHAN AIR FORCE BASE at Dove Mountain) RAYTHEON 4 5 VISITOR STATISTICS TUCSON & SOUTHERN ARIZONA MEXICAN VISitatiON AND (includes Pima, Santa Cruz, and Cochise Counties)* SPENDING IN PIMA COUNTY* • 6.8 Million Domestic Overnight Visitors per Year Mexico visitors are a valued market segment for the tourism industry in Tucson. The Mexican Visitors to • $2.597 Billion in Direct Travel Spending COMPETITION Arizona, 2007-08 study by the University of Arizona • 27,295 Tourism Jobs - Direct Employment states that Mexican visitors’ expenditures in Pima CEnTER OWnED BY DistanCE KEY TEnAnTS • $161.9 Million in Direct Tax Receipts County increased 237% from $289 million to $976 • Median age of visitors: 48 years million from 2001 to 2007-08. Dillards, Macy’s, Forever 21, TUCSON MALL GGP 6 Miles Gap, Banana Republic, • Median income of visitors: $77,000 Pima County receives 36.3% of the total F ULL Guess, The Children’s Place expenditures by Mexican visitors in Arizona. • Average length of stay: 3.6 days P The number of border crossings from Mexico to RICE Coach, Louis Vuitton, Lucky • Average party size: 2.5 people LA EnCAntada Macerich 6 Miles Brand Jeans, J. Crew, St. John, Arizona increased from 22.91 million in 2001 to Anthropologie, Crate & Barrel 24.02 million in 2007-08, an increase of 4.92%. TUCSON & PIMA COUNTY According to the study, 13.37 million Mexican Macy’s, Dillards, PARK PLACE MALL GGP 16 Miles Coach, Abercrombie and Fitch, visitor parties visit Arizona while 1,008,176 Banana Republic, Gap • 4 Million Domestic Overnight Visitors per Year parties’ final destination was Tucson. (Source: Mitch Nichols Tourism Group 2006) Therefore, Tucson received 2,701,912 Mexican • $2.022 Billion in Direct Travel Spending visitors. The percentage of Mexican visitors who FOOTHILLS MALL • 21,500 Tourism Jobs - Direct Employment stayed overnight in Arizona rose from less than LA ENCANTADA (6 MILES) 4% to 16%. This increase is due largely to the • $124.1 Million in Direct Tax Receipts increased percentage of visitors to Metro Tucson on overnight visits 98.9% of Arizona’s Mexican TOP 10 METRO TUCSON SHOPPING visitors are from the state of Sonora. TUCSON MALL (6 MILES) DESTINatiONS FOR MEXICAN VISitORS: Shopping is still the primary reason for Mexican 1. All malls/shopping 6. El Con Mall visitors to the US. Other reasons include visiting centers 7. St. Philip’s Plaza friends and family and work. The report attributes 2. Tucson Mall $976.4 million in expenditures to Mexican 8. La Encantada 3. Park Place visitors to Pima County (5.2% of Pima County’s 9. Casas Adobes Plaza 4. Foothills Mall taxable sales) and 2.3 million overnight visitors. 10. Crossroads PARK PLACE MALL (16 MILES) 5. Plaza Palomino 6 7 7401 N. La Cholla Boulevard Tucson, AZ 85741 Guest Services Phone: 520.219.0650 shopfoothillsmall.com LEASING BY: FFO Real Estate Advisors Schottenstein Property Group 1340 Smith Avenue, Suite 200 4300 East Fifth Avenue Baltimore, Maryland 21209 Columbus, OH 432219 fforealty.com spgroup.com.
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