The Premier Mixed Use Development FLAGSTAFF MALL Opportunity in Flagstaff

FLAGSTAFF MEDICAL CENTER SUPERCENTER

LOWELL OBSERVATORY 66 ±40,281 VPD

WALKUP SKYDOME 40

UNIVERSITY AVENUE ±6,669 VPD SITE

MILTON ROAD FOR SALE WOODLANS VILLAGE BLVD ±10.1 ACRES ±30,692 VPD

17 DON ARONES BRENT MALLONEE Managing Director Senior Director +1 602 224 4432 +1 602 224 4437 [email protected] [email protected]

2555 E. Camelback Rd, Suite 400 Milltown Phoenix, 85016 ph: +1 602 954 9000 SWC MILTON ROAD & UNIVERSITY AVENUE | FLAGSTAFF, AZ fx: +1 602 468 8588 cushmanwakefield.com PROPERTY OVERVIEW

Site Summary

SWC Milton Road & University Avenue UNIVERSITY AVENUE PROPERTY Flagstaff, Arizona

SIZE ±10.01 AC SITE ±29,040 VPD ZONING Commercial

UNIVERSITY DRIVE

±7,225 VPD Investment Highlights

• Premier Development Opportunity MILTON ROAD

• Key Intersection at Entrance to Flagstaff and NAU

• Potential for multiple uses, i.e. Retail, Residential, WALKUP SKYDOME Hospitality, etc.

• In place Zoning & Entitlement

2 | CUSHMAN & WAKEFIELD APPROVED PLANS

BEULAH BOULEVARD

FUTURE RESIDENTIAL AND/OR HOTEL OPPORTUNITY

UNIVERSITY AVENUE

PAD 1 PAD 2 PAD 3

MILTON ROAD

CUSHMAN & WAKEFIELD | 3 PROPERTY OVERVIEW

Mill Town (“The Property”) is a rare opportunity to own a ±10.01-acre, high profile development site in Flagstaff, Arizona. Located on the southwest corner of Milton Road and University Drive, The Property is currently entitled for a high density, mixed- use development that includes a 348-unit (1,186 beds), five-story residential project and three retail pads that front Milton Road. Current entitlements also include a parking garage with 900+ parking spaces and an additional 147 surface parking spaces to service the ±20,000 square feet of commercial space. With City approval, development options include but are not limited to, multi-family, hotel, student housing and commercial space uses including retail or office. There is a Development Agreement in place for The Property with the City of Flagstaff and Arizona Department of Transportation (ADOT) for transportation improvements to the intersection aligning University Drive on the east and west sides of Milton Road and the Milton Road Underpass, a planned underpass beneath Milton Road, for pedestrians and bicyclists.

The Property sits at one of the most desirable and visible intersections in Flagstaff, directly across from Northern Arizona University (NAU) and fronting Milton Road, which is the primary artery for residents and visitors traveling into Flagstaff from I-17 and I-40. Combined, it’s north and southbound traffic is over 59,000 cars per day (ESRI, 2020). The Flagstaff market has high barriers to entry, with little to no opportunities for new commercial development. The Property, with in-place entitlements, allows a buyer to immediately move forward with a mixed-use development on one of the most recognized intersection in the city.

With an elevation of nearly 7,000 feet, Flagstaff is a true four seasons destination in northern Arizona. Located at the base of the San Francisco Peaks, Flagstaff offers it’s 75,752 residents and over 5 million annual visitors year-round activities from hiking and biking to skiing and sledding. Arizona’s 15th largest city is one of the fastest growing areas with an annual population growth rate of 15% since the 2010 census. Nearly 60% of Flagstaff’s population falls in the GenZ or Millennial generation category and 39% have a bachelor’s degree or higher. Flagstaff has a median household income of $58,748 (2019). Nearly 53% of Flagstaff households are renters and effective monthly rental rate of $1,444. While 2020 impacted Flagstaff’s employment rates, it is expected to return to pre-COVID level of 68.1 thousand by 2023. Historically, tourism and hospitality are Flagstaff’s number one industry, employing over 8,000 people and contributing over $563 million each year to the local economy. Northern Arizona University (NAU) is Flagstaff’s second largest employer with 2,815 employees.

One of Arizona’s three public universities, NAU has a 2020 total student enrollment of nearly 30,000 students, with 21,495 of them enrolled at the Flagstaff or Phoenix Biomedical campuses. NAU has 15 athletic teams that compete in the NCAA Division 1 Big Sky and WAC conferences bringing fans, alumni and supporters together on the Flagstaff campus to celebrate The Lumberjacks.

4 | CUSHMAN & WAKEFIELD PROPERTY OVERVIEW

CUSHMAN & WAKEFIELD | 5 CHESHIRE TOWNSEND WINONA RD

LINDSEY RD 180

FALLEN PNE

PICTURE CANYON NATURAL PROPERTY OVERVIEW AND CULTURAL PRESERVE

89 DODGEAVE

FOREST SERVICE 515 RD CHRISTENSEN BUFFALO PARK PENSTOCK AVE

FS 9173B RD RAILHEAD AVE

Demographics RAIN VALLEY RD COCONINO FLAGSTAFF MALL LINDA VISTA DR COUNTY SANTA FE AVE

TOTAL TOTAL TOTAL CEDAR AVE LOCKETT RD AVERAGE OBSERVATORY MESA MEADE LN HOUSEHOLDS POPULATION POPULATION 1ST ST

HOUSEHOLD INCOME PINE AVE COCONINO HIGH 4THST 2020 2020 2025 CEDAR AVE SCHOOL 66 CONTINENTAL 180 FLAGSTAFF FOREST AVE 6TH AVE SPORTS COMPLEX MEDICAL CENTER 4TH AVE $67,307 4,430 7,628 16,414 THORPE RD

IZABEL ST 5 MINUTES THORPE CENTER ST 3RD AVE

OBSERVATORY MESA

OBSERVATORY MESA

COUNTRY CLUBDR $78,270 13,302 42,062 44,323 LOWELL FLAGSTAFF 10 MINUTES OBSERVATORY HUMPHREYS ST TOLTEC ST BONITO ST SAN FRANCISCO ST CONTINENTAL DR

ROUTE 66

ELDEN ST HUNTINGTON DR

BENTON AVE MILTON RD 15 MINUTES $86,389 27,675 79,764 83,857 FOXGLENN OLD WALNUT CANYON RD BUTLER AVE

LONE TREE RD PARK COCA COLA PINE FOREST BUTLER AVE CONTINENTAL BOTTLING SCHOOL BEAVER ST BUTLER AVE GOLF CLUB 20 MINUTES $87,657 30,139 86,352 90,719 HEROLD RANCH RD

66 RANCH RD

25 MINUTES $89,138 33,209 94,681 99,473 NORTHERN ARIZONA

UNIVERSITY SAN FRANCISCO ST

PINE KNOLL DR BEECH DR

4TH ST 30 MINUTES $89,371 34,040 96,909 101,830

FLAGSTAFF RANCH

ZUNI DR LONE TREE RD

LAKE MARY RD Source: ESRI 2020 MANUEL DEMIGUEL COCONINO ELEMENTARY SCHOOL COUNTY MOUNTAIN SCHOOL

6 | CUSHMAN & WAKEFIELD

·r

·r CHESHIRE TOWNSEND WINONA RD

LINDSEY RD 180

FALLEN PNE

PICTURE CANYON NATURAL MARKET & AREA OVERVIEW AND CULTURAL PRESERVE

89 DODGEAVE

FOREST SERVICE 515 RD CHRISTENSEN BUFFALO PARK PENSTOCK AVE

FS 9173B RD RAILHEAD AVE RAIN VALLEY RD COCONINO FLAGSTAFF MALL COUNTY LINDA VISTA DR NEW HOUSING DATA SANTA FE AVE

CEDAR AVE LOCKETT RD OBSERVATORY MESA MEADE LN

1ST ST

PINE AVE COCONINO HIGH 4THST CEDAR AVE SCHOOL 66 CONTINENTAL 180 FLAGSTAFF FOREST AVE 6TH AVE SPORTS COMPLEX MEDICAL CENTER 4TH AVE THORPE RD

IZABEL ST THORPE CENTER ST 3RD AVE LUXURY OBSERVATORY MESA APARTMENTS OBSERVATORYAPARTMENTS MESA LOWELL FLAGSTAFF COUNTRY CLUBDR OBSERVATORY HUMPHREYS ST TOLTEC ST BONITO ST SAN FRANCISCO ST CONTINENTAL DR

5,425 646 ROUTE 66 Units (3 properties) ELDEN ST HUNTINGTON DR Units (±40 properties) BENTON AVE MILTON RD FOXGLENN OLD WALNUT CANYON RD BUTLER AVE *Class A space 50 units LONE TREE RD PARK *properties 50 PINE FOREST BUTLER AVE COCA COLA or more CONTINENTAL unitsBOTTLING or more SCHOOL BEAVER ST BUTLER AVE GOLF CLUB

HEROLD RANCH RD

66 RANCH RD

NORTHERN ARIZONA

UNIVERSITY SAN FRANCISCO ST

PINE KNOLL DR BEECH DR

4TH ST

AVERAGE PRICE AVERAGE RENT PER SF FLAGSTAFF RANCH

ZUNI DR $1,463 LONE TREE RD LAKE MARY RD $1.72/SFMANUEL DEMIGUEL Per Unit COCONINO ELEMENTARY SCHOOL COUNTY MOUNTAIN SCHOOL

7 | CUSHMAN & WAKEFIELD CUSHMAN & WAKEFIELD | 7

·r

·r AERIAL FACING SOUTHEAST 40

WALKUP SKYDOME 17

±30,692 VPD

MILTON ROAD

±7,225 VPD

SITE ±29,040 VPD UNIVERSITY AVENUE

±6,669 VPD

WOODLANS VILLAGE BLVD 66 AERIAL FACING EAST

WALKUP SKYDOME

±7,225 VPD

MILTON ROAD ±29,040 VPD

SITE

UNIVERSITY AVENUE

±6,669 VPD WOODLANS VILLAGE BLVD

9 | CUSHMAN & WAKEFIELD 66 AERIAL FACING NORTHWEST

WALKUP SKYDOME

UNIVERSITY AVENUE

SITE ±29,040 VPD ±7,225 VPD

UNIVERSITY DRIVE

MILTON ROAD ±7,225 VPD ±29,040 VPD

MILTON ROAD

SITE WALKUP SKYDOME

UNIVERSITY AVENUE

±6,669 VPD WOODLANS VILLAGE BLVD

CUSHMAN & WAKEFIELD | 10 ±66,402 VPD 89

Mt Elden Middle School AERIAL MAP LOCKETT ROAD CEDAR AVENUE

Coconino High School

INDUSTRIAL DRIVE 66

FOREST AVENUE Flagstaff

Medical COUNTRY CLUB DRIVE Center 40

Flagstaff High School FOURTH STREET

±20,478 VPD Continental Country Lowell Club Observatory

Flagstaff Historic City Hall Downtown Flagstaff

SUPERCENTER Sinagua ±20,797 VPD Middle School

PONDEROSA PARKWAY ±33,068 VPD ±26,043 VPD ±198 Units BUTLER AVENUE 66 HUNTINGTON DRIVE Thomas M Knoles Elementary School NAU Art Museum Aspen Place at The Sawmill BUTLER AVENUE

The Grove at Flagstaff ±270 Units

66 ±29,040 VPD MILTON ROAD MILTON SITE ±31,000 Students

Walkup Skydome ±40,281 VPD LONE TREE ROAD LONE MCCONNELL DRIVE 40 17

11 | CUSHMAN & WAKEFIELD

±30,692 VPD 40 PLANNED STREET IMPROVEMENTS AND PEDESTRIAN UNDERPASS BELOW MILTON

Convenient pedestrian access for ±5,000 students and visitors crossing daily

CUSHMAN & WAKEFIELD | 12 MARKET & AREA OVERVIEW Number of Employees for Top Flagstaff Employers

Northern Arizona University (2,815 employees) Flagstaff Medical Center (2,350 employees) Number of EmployeesW. L. Gore for & Top Associates Flagstaff Inc. (2,200 employees) Employers Walmart Inc. (630 employees) Employment Northern Arizona University (2,815 employees) BNSF Railway (600 employees) Flagstaff Medical Center (2,350 employees) Metropolitan Flagstaff is a governmental, Navajo Nation Gaming (514 employees) W. L. Gore & Associates Inc. (2,200 employees) educational, transportation, cultural, and Grand Canyon Railway Inc. (421 employees) Walmart Inc. (630 employees) Nestle Purina Petcare (305 employees) commercial center. Government is one of the BNSF Railway (600 employees) Coconino Community College (300 employees) largest employment sectors. Navajo Nation Gaming (514 employees) North Country Healthcare (275 employees) Tourism is also a large employer as the City Grand Canyon Railway Inc. (421 employees) Little America Hotel (275 employees) sees over 5 million visitors a year. Nestle Purina Petcare (305 employees) Dell Systems (250 employees) Coconino Community College (300 employees) In addition, the City houses other scientific The Guidance Center (210 employees) North Country Healthcare (275 employees) and high tech research and development U.S. Forest Service (200 employees) Number of Employees for Top Flagstaff Employers Little America Hotel (275 employees) industries. NAU, the largest employer in the Sam’s Club (200 employees) Dell Systems (250 employees) City, has a major economic impact annually. Home Depot U.S.A. Inc. (190 employees) The Guidance Center (210 employees) Metro Flagstaff had a unemployment rate of Target Corp. (189 employees) U.S. Forest Service (200 employees) U.S. Geological Survey (180 employees) 9.7 percent at the end of October 2020, which Sam’s Club (200 employees) Hozhoni Foundation (170 employees) is roughly in line with the Arizona average of Home Depot U.S.A. Inc. (190 employees) HomCo ACE Home Center (150 employees) 8.0 percent. Target Corp. (189 employees) U.S. Geological Survey (180 employees) Population and Demographics Hozhoni Foundation (170 employees) Flagstaff had a metro population of 75,752 in HomCo ACE Home Center (150 employees) 2020, and is projected to grow 1.19%. By 2050 Northern Arizona University (2,815 employees) Flagstaff Medical Center (2,350 employees) Flagstaff is expected to have over 90,000 residents. The median age of Flagstaff’s W. L. Gore & Associates Inc. (2,200 employees) Walmart Inc. (630 employees) population is 26 years and the average BNSF Railway (600 employees) Navajo Nation Gaming (514 employees) household income is $76,002. Future trends Grand Canyon Railway Inc. (421 employees) Nestle Purina Petcare (305 employees) show a steady increase through 2025 with Coconino Community College (300 employees) North Country Healthcare (275 employees) an estimated average household income of Little America Hotel (275 employees) Dell Systems (250 employees) $82,855. The Guidance Center (210 employees) U.S. Forest Service (200 employees) Sam’s Club (200 employees) Home Depot U.S.A. Inc. (190 employees) Target Corp. (189 employees) U.S. Geological Survey (180 employees) Hozhoni Foundation (170 employees) HomCo ACE Home Center (150 employees)

13 | CUSHMAN & WAKEFIELD MARKET & AREA OVERVIEW

Freeways & Transportation Education more than 30,000 students and offers more 95 undergraduate degree programs and 76 Flagstaff is located in Northern Arizona Flagstaff has a variety of educational graduate and doctoral degree programs. The which offers residents and transportation resources, capable of fulfilling the needs campus is used year-round and hosts many related companies’ excellent access to the of all ages. There are currently 39 public professional athletes, such as the Arizona Southwestern United States. There are 2 major school locations ranging from elementary Cardinals, Phoenix Suns, and Olympic athletes Interstates and 3 U.S. Route’s that border to high school. In addition to primary and that choose Flagstaff as training site because or run through Flagstaff. Interstate-40 runs secondary schools, Flagstaff is also the home of the climate, altitude, and available facilities. through the city and provides access to the Northern Arizona University (NAU). NAU has west and east. Interstate-17 also runs through the middle of the city and provides access to Southern Arizona. U.S. Routes 180, 89, and historic Route 66 are local and national freeways within the city that provide residents several convenient options when commuting and traveling the Southwestern United States.

Recreation

Flagstaff offers year-round amenities and activities to residents and visitors. The City offers more than 24 developed parks, 17 ball fields, 50 miles of the Flagstaff Urban Trail System, and Snowbowl. Snowbowl is one of 2 ski resorts in Arizona and is located on the majestic San Francisco Peaks. The Arizona Snowbowl lies 14 miles outside of Flagstaff, 2 hours from Phoenix, and 70 miles from the Grand Canyon. NAU enrollment will be 35,000 students by 2025 CUSHMAN & WAKEFIELD | 14 Housing

As of 2020, the total housing units in Flagstaff were 30,040 units. This was up from 26,507 units in 2010. With an urban growth boundary set, development will continue, but not at the rate seen in previous years with 31,740 units expected by 2025. At the end of 2020, 87.8 percent of these units were occupied compared to 86.4 percent in 2010. Of these occupied units, 40.3 percent were owner occupied at the end of 2020 and 41.3 percent owner occupied in 2010.

Like most residential real estate, Flagstaff’s housing prices hit a peak in 2006 and experienced declining prices, but not to the extent as many other West Coast cities. Despite the fallout from the housing boom, Flagstaff’s median home price has exceeded its 2010 expectations to reach $342,000 by 2020.

CUSHMAN & WAKEFIELD | 15 MARKET & AREA OVERVIEW

Outdoor & Adventure For winter fun, Agassiz at Arizona Snowbowl is considered one of the Flagstaff attracts outdoor enthusiasts expert ski runs in the Southwest and is year-round with its spacious vistas one of 32 trails, ranging from beginner and cool, clean mountain air. Favorite to expert. Snowbowl is now able to activities include hiking, mountain make snow and an average season of biking, disk golf, camping, boating and 150 days with their state-of-the-art rock climbing. During the winter months, snowmaking system that now covers Flagstaff is host to countless skiers and over 50% of trails. snowboarders, as well as many families who come to enjoy nearby snow play. During the summer, you can still enjoy Arizona Snowbowl by hopping on its Hiking and biking are the most popular Scenic Skyride to the top. Views of both ways to travel through the San Francisco downtown Flagstaff and the Grand Peaks with trails available for all skill Canyon can be seen on the summer ride. levels. Some favorite trails include exploring an ancient underground tunnel at the Lava River Cave, hiking to the highest point in Arizona via the Kachina Trail, or simply enjoying a stroll at Buffalo Park. Mountain bikers, head to the Shultz Pass trailhead off of Elden Lookout Road.

16 | CUSHMAN & WAKEFIELD QUICK FACTS 200+ restaurants

108.8 inches Average Snowfall 266+ Days of sunshine each year 62.3° Average Temperature

9 golf courses

75+ Hotels & Resorts

5M+ visitors annually

CUSHMAN & WAKEFIELD | 17 MARKET & AREA OVERVIEW

Flagstaff Quick Facts

Transportation Miles From Site National Parks/Recreation Miles From Site Flagstaff Pulliam Airport 4.2 Grand Canyon National Park 82.2 Flagstaff Amtrak Railroad 1.5 Sunset Crater Volcano National 23.5 Monument Snowbowl Ski Resort 15.1 Historic Landmarks/Points Miles From Site Sedona/Slide Rock 21.3 of Interest Lowell Observatory 2.2 Miles From Site Arizona Historical Society - Breweries 3.2 Pioneer Museum Beaver Street Brewery 1.2 Museum of Northern Arizona 4.4 Flagstaff Brewing Company 1.6 Riordan Mansion State Park 0.8 Mother Road Brewing Company 1.2 Wupatki National Monument 16.0 Lumberyard Brewing Company 1.5 The Polar Express -By Grand 33.4 Historic Brewing Company 8.0 Canyon Railway

Nearby Towns/Tourism Miles From Site Shopping Miles From Site Sedona 28.0 Historic Downtown Flagstaff District 1.6 Cottonwood 61.7 Flagstaff Mall & The Marketplace 7.9 Jerome 70.1 Hilltop Shops at Woodlands Village 1.0 Prescott 93.4 Varsity Shopping Center 0.2 Winslow 59.8 Clarkdale 65.7 Education Miles From Site Northern Arizona University 0.7 Golf Miles From Site Coconino Community College 2.7 Forest Highlands Golf Club 6.9 Continental Golf Club 8.1

18 | CUSHMAN & WAKEFIELD MARKET & AREA OVERVIEW

Northern Arizona University Profile

Location (main campus) Student demographics (Fall 2020) City: Flagstaff Male 10,717 Elevation: 7,000 feet Female 18,852 Average number of sunny days: 266 Arizona resident 19,457 Mountain range: San Francisco Non-Arizona resident 10,112 Peaks

Enrollment (Fall 2020) Athletics Total 29,568 Mascot Louie the Lumberjack Flagstaff campus 21,495 Number of sports teams 15 Online 5,945 Division NCAA I Total faculty and staff* 4,878 Conferences Big Sky, Western Athletic Full-time faculty* 1,175 Conference (swimming

* 2020 data only) Website: nauathletics.com

Academics Number of undergraduate 95 degree programs: Number of graduate degree 76 programs: NAU enrollment will be Average class size: 34 Number of online degree 99 35,000 students by 2025 programs: Colleges within the university 9

Source: nau.edu

CUSHMAN & WAKEFIELD | 19 CURRENT ENTITLEMENTS AND IMPROVEMENT REQUIREMENTS

20 | CUSHMAN & WAKEFIELD CURRENT ENTITLEMENTS AND IMPROVEMENT REQUIREMENTS

CUSHMAN & WAKEFIELD | 21 CURRENT ENTITLEMENTS AND IMPROVEMENT REQUIREMENTS

22 | CUSHMAN & WAKEFIELD CURRENT ENTITLEMENTS AND IMPROVEMENT REQUIREMENTS

ENTITLED MILTON ROAD ELEVATION

5' 10' 20' 50'

PROPOSED MILTON ROAD ELEVATION

5' 10' 20' 50'

PROPOSED PROJECT REVISIONS MILTON ROAD ELEVATIONS MILL TOWN MIXED USE FLAGSTAFF, AZ VINTAGE PARTNERS THE DINERSTEIN COMPANIES December 7, 2018 HUMPHREYS5339 Alpha Rd., Suite 300, Dallas, & TX 75240PARTNERS | 972.701.9636 | www.humphreys.com ARCHITECTS, L.P. HPA# 16638 A - 3 © 2017 by HUMPHREYS & PARTNERS ARCHITECTS, LP The arrangements depicted herein are the sole property of Humphreys & Partners Architects, LP and may not be reproduced in any form without its written permission. Architectural conceptual site plans are for feasibility purpose only. Revisions may occur due to further investigation from regulatory authorities and building code analysis. Dimensions shown are of a strategic intent only. Refer to surveys and civil drawings for technical information and measurements.

CUSHMAN & WAKEFIELD | 23 CURRENT ENTITLEMENTS AND IMPROVEMENT REQUIREMENTS

ENTITLED SOUTH ELEVATION

PROPOSED SOUTH ELEVATION

5' 10' 20' 50'

PROPOSED PROJECT REVISIONS SOUTH ELEVATIONS MILL TOWN MIXED USE FLAGSTAFF, AZ VINTAGE PARTNERS THE DINERSTEIN COMPANIES December 7, 2018 HUMPHREYS5339 Alpha Rd., Suite 300, Dallas, & TX 75240PARTNERS | 972.701.9636 | www.humphreys.com ARCHITECTS, L.P. HPA# 16638 A - 11 © 2017 by HUMPHREYS & PARTNERS ARCHITECTS, LP The arrangements depicted herein are the sole property of Humphreys & Partners Architects, LP and may not be reproduced in any form without its written permission. Architectural conceptual site plans are for feasibility purpose only. Revisions may occur due to further investigation from regulatory authorities and building code analysis. Dimensions shown are of a strategic intent only. Refer to surveys and civil drawings for technical information and measurements.

24 | CUSHMAN & WAKEFIELD FLAGSTAFF MALL

FLAGSTAFF MEDICAL CENTER SUPERCENTER

LOWELL OBSERVATORY 66 ±40,281 VPD

WALKUP SKYDOME 40

UNIVERSITY AVENUE ±6,669 VPD SITE

MILTON ROAD WOODLANS VILLAGE BLVD

±30,692 VPD

17 FLAGSTAFF MALL

FLAGSTAFF MEDICAL CENTER SUPERCENTER

LOWELL OBSERVATORY 66 ±40,281 VPD

WALKUP SKYDOME 40

UNIVERSITY AVENUE ±6,669 VPD SITE

MILTON ROAD WOODLANS VILLAGE BLVD

±30,692 VPD

17 NAU ART MUSEUM BUTLER AVENUE

ASPEN PLACE AT THE SAWMILL FRANKLIN AVENUE

THE GROVE AT FLAGSTAFF ±270 UNITS Milltown 66 SWC MILTON ROAD & UNIVERSITY AVENUE | FLAGSTAFF, AZ

±29,040 VPD ±29,040 ±30,000 STUDENTS

DON ARONES BRENT MALLONEE Managing Director Senior Director +1 602 224 4432 +1 602 224 4437 [email protected] [email protected]

±7,225 VPD 2555 E. Camelback Rd, Suite 400 UNIVERSITY AVENUE ±6,669 VPD Phoenix, Arizona 85016 ph:+1 602 954 9000 fx:+1 602 253 0528 WOODLANS VILLAGE BLVD

www.cushmanwakefield.com SITE LONE TREE ROAD TREE LONE WALKUP SKYDOME ©2021 Cushman & Wakefield. All rights reserved. The information contained in this communication is strictly confidential. This information has been obtained from sources believed to be MCCONELL DRIVE reliable but has not been verified. No warranty or representation, express or implied, is made as to the condition of the property (or properties) referenced herein or as to the accuracy or completeness of the information contained herein, and same FOREST MEADOWS STREET is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and to any special listing conditions imposed by the property owner(s). Any projections, opinions or estimates are subject to uncertainty and do not signify current or PINE KNOLL DRIVE future property performance. 40

MILTON ROAD

40

±30,692 VPD

17