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2346 North Central Avenue Phoenix, Arizona

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2346 North Central Avenue Phoenix, Arizona DEVELOPMENT/INVESTMENT OPPORTUNITY 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA Arizona Veterans Memorial Coliseum Downtown Phoenix Encanto Palmcroft Encanto Park & Golf Course Willo District Vernon Ave Central Ave Light Rail ±59,440 SQUARE FEET | ±1.364 ACRES Don Arones 2375 E Camelback Rd Ste 300 Phoenix, Arizona 85016 Managing Director p+1 602 954 9000 +1 602 224 4432 f +1 602 468 8588 [email protected] cushmanwakefield.com ÀÁ PARK PHOENIX PHOENIX ST. JOSEPH'S CENTRAL COUNTRY CLUB COLLEGE MEDICAL CENTER AND BARROW NEUROLOGICAL ARIZONA HEART ÀÁ HOSPITAL THOMAS RD INSTITUTE PHOENIX CHILDREN'S HOSPITAL ENCANTO NINE PHOENIX GOLF COURSE MIDTOWN 19TH AVE ^^ MONTEREY ÀÁ PARK E V SITE HEARD A MUSEUM T H T S T S E VETERANS 7 H V H T A MEMORIAL T 6 7 1 COLISEUM L CORONADO A R PARK T THE PHOENIX N ART MUSEUM E MCDOWELL RD C ÀÁ GOOD SAMARITAN REGIONAL MEDICAL CENTER BURTON BARR CENTRAL LIBRARY HANCE PARK ÀÁ G L R I A N A D R A V T E H ST. LUKE'S MEDICAL G I CENTER L UNIVERSITY ARIZONA CENTER PARK ÀÁ ÀÁ VAN BUREN ST PHOENIX CONVENTION ÀÁ STATE DOWNTOWN CENTER WASHINGTON ST ÀÁ ÀÁ CAPITOL ÀÁ PHOENIX ÀÁ JEFFERSON ST TALKING STICKÀÁ CHASE RESORT ARENA FIELD SITE SUMMARY 2346 North Central Avenue ADDRESS Phoenix, Arizona SITE SIZE ±1.364 Acres, ±59,440 Square Feet Chase Field Good Samaritan 118-48-002A, 118-48-077A, 118-48-004, Medical Center South PARCELS mountain 118-48-005, 118-48-074 Downtown Phoenix ZONING C-2 HR and P-1, City of Phoenix • Water and Sewer is handled by City of Phoenix • Southwest Gas service provider for this location and is the closest UTILITIES located gas provider to this site. • APS is the service provider for this Vernon Ave location Central Ave • All major fiber providers are available for this site Light Rail DEMOGRAPHICS 1 Mile 3 Mile 5 MIle 2016 Population 10,919 157,202 397,346 2016 Average $74,548 $49,372 $52,809 Household Income TRAFFIC COUNTS (City of Phoenix) North/South on Central Avenue 21,254 East/West on Thomas Road 33,282 METRO LIGHT RAIL RIDERSHIP 2015 FY Total Passengers in and out at Central and Encanto Station In: 11,157 Out: 10,762 DEVELOPMENT/INVESTMENT OPPORTUNITY VIEW LOOKING SOUTH 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA Chase Talking Stick Field Resort Arena South mountain Downtown Phoenix Willo District Light Rail Vernon Ave Central Ave DEVELOPMENT/INVESTMENT OPPORTUNITY VIEW LOOKING EAST 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA Camelback Arizona State Mountain Papago Park University Main Campus PARADISE SCOTTSDALE TEMPE VALLEY Phoenix Country Club Phoenix Children’s Hospital Good Samaritan Thomas Road Medical Center Heard Museum Virginia Ave Light Rail Central Ave Vernon Ave Willo District AREA AMENITIES Central Phoenix is rapidly transforming into the Arizona State University opened its downtown Phoenix’s Central Corridor has long benefited arts and cultural center of metropolitan Phoenix. campus in 2006 and will have invested $500 from anchor institutions including hospitals, The Central Arts District, located just south of million in construction alone by 2016. The campus museums and libraries, and professional sports Central and Columbus, is the cultural heart of now includes ASU’s journalism, public service, facilities. Phoenix is following national trends, Phoenix, and home to the nationally renowned nursing, and teacher education programs, and the where locations rich in these anchor institutions Heard Museum, Phoenix Theater, Arizona Opera, Sandra Day O’Connor College of Law will open in are experience strong demand from tenants, Burton Barr Central Library, and the Phoenix Art 2016, bringing the number of students downtown employees, and residents. Museum. New art galleries and music venues to 15,000. are adding to this existing base of major cultural Valley Metro is the regional public transportation institutions. In 2002, the Translational Genomics Research agency providing coordinated, multi-modal transit Institute (TGen) moved to Phoenix’s central options to residents of greater Phoenix and the New amenities are constantly opening, including core, and the Phoenix Biomedical Campus Maricopa County urbanized areas. With a core trendy restaurants, coffee houses, cocktail bars, was formed. The Biomedical Campus, a city- mission of advancing a total transit network, Valley micro breweries and retailers. The Central Corridor owned, 30-acre medical and bioscience campus, Metro plans, develops and operates the regional area boasts over forty restaurants such as Pane includes 1.5 million square feet and contains the bus and light rail system. The first 20 miles of light Bianco, Central Wine, The Clever Koi, Macayo’s, highest concentration of research scientists in rail opened in December 2008 costing $1.4 billion Duck and Decanter, The Wild Thaiger, Durant’s, the region and includes TGen, the International to build. Seven light rail extensions are under way, Switch, Corduroy, and many more. Following Genomics Consortium, Barrow Neurological which will create a 60-mile system by 2034. Rail national trends, this urban renewal movement is Institute, National Institutes of Health, and leading System Features: attracting developers, residents and cutting-edge biomedical education programs for University of • 44,000 average weekday riders employers to the area. Arizona, Arizona State University, and Northern • One-hour travel time from end-to-end Arizona University. • Operates seven days/week, 20+ hours/day MAJOR EMPLOYERS HOTELS PHOENIX BIOMED CAMPUS Company # of Employees Sheraton 30-acres of medical research offices 26,472 Banner Health Hyatt Regency Walmart 15,437 6.5 million SF at full build-out Westin Wells Fargo 13,287 Fry’s Food and Drug 12,510 Hilton Stores Residence Phoenix Downtown CONVENTIONS Intel Corporation 11,760 Phoenix Convention Center Bank of America 9,809 Honeywell 9,680 SPORTS ARENAS JP Morgan Chase & 8,335 Chase Field (Arizona Diamondbacks) VENUES Company Talking Stick Arena (Phoenix Suns) Crescent Ballroom McDonald’s 6,652 Residence Phoenix Downtown Stand Up Live Bashas’ 6,153 DEVELOPMENT/INVESTMENT OPPORTUNITY VIEWVIEW LOOKING LOOKING WEST WEST 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA Arizona Veterans Memorial Coliseum Encanto Park & Golf Course Encanto Palmcroft Encanto Vista Willo District Lewis Ave Vernon Ave Central Ave Light Rail DEVELOPMENT/INVESTMENT OPPORTUNITY VIEW LOOKING SOUTHEAST 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA Chase Field Good Samaritan Medical Center South mountain Downtown Phoenix Vernon Ave Central Ave Light Rail DEVELOPMENT/INVESTMENT OPPORTUNITY 2346 NORTH CENTRAL AVENUE PHOENIX, ARIZONA PROPERTY ELLIOT RD. RAY RD. For more information, please contact: Don Arones Managing Director +1 602 224 4432 [email protected] Cushman & Wakefield Copyright 2016. No warranty or representation, express or implied, is made to the accuracy or completeness of the information contained herein, and same 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). As applicable, we make no representation as to the condition of the property (or properties) in question. Source: gpec.org, Cushman & Wakefield research; City of Phoenix; Downtown Phoenix, Inc..
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