RINCON KNOLLS P&E LOTS
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- Elmer Wiggins
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1 Wilmot olb Pantano Harrison RINCON NOLL P&E LOT EXCLUIVE LITING VAIL UBMARET TUCON, ARIZONA Leon E Monthan pider Rock tunning views of the Rincon Valley and Rincon s Extremely limited supply of entitled lots in the ubmarket Top performing schools ( chool District) Close proximity to regional employment (90,000+ jobs within 15 miles) New Wal-Mart and ancillary retail completed at Mary Ann Cleveland and Houghton Road (Houghton Town Center) Lennar started construction Phase 1 (New Wal-Mart) E Golf Links Camino eco National Monument te st Cienega Creek Natural Preserve E Irvington E Escalante Oldpanish Tr Civano a y Ann Cleveland Wy La Estancia ycamore E R E Old ita Houghton Rincon Trails ubject ista E Red Iron Tr Verano Land o Will White wwhite@landadvisors.com John Carroll jcarroll@landadvisors.com 3561 East unrise Drive, uite 207,, Arizona ph The information contained herein is from sources deemed reliable. We have no reason to doubt its accuracy but do not guarantee it. It is the responsibility of the person reviewing this information to independently verify it. This package is subject to change, prior sale or complete withdrawal. AZPM
2 RINCON NOLL LOCATION Property is located northeast of the intersection of Mary Ann Cleveland way and Red Iron Trail in, Arizona. PRICE ubmit TERM ubmit for owners consideration ETIMATED ENTITLEMENT TIMELINE & DELIVERY CHEDULE Phase 1 final plat approved on ept. 9, 2015 and Phase 2 scheduled for October UBMARET COMMENT With a sustainable housing market recovery underway, it is anticipated that the MA will be permitting closer to 4,000 annual permits within the next 4-5 years. The ubmarket, with its superior locational characteristics and schools is expected to capture upwards of 20% of the total MA market share. This estimate assumes delivery of approximately 400 lots per year within the ubmarket. With an estimated 600 lots ready for production, the ubmarket is by far the most constrained MA submarket when considering both existing and future lot opportunities. As a result, existing entitled projects like Rincon nolls will command a premium as future land and lots supplies in the ubmarket remain scarce. URROUNDING EMPLOYMENT & TRANPORTATION Rincon nolls is located in the heart of both the existing and growing employment base. There are approximately 90,000 jobs located within 15 miles of Rincon nolls, the highest concentration of employment within the MA. Downtown is approximately a minute drive from the site via I-10 (I-10 & Houghton Road interchange located approximately 5 miles west of the Property). EMPLOYMENT University of Arizona cience and Technology 1,345 acres 2 million square feet of existing office and laboratory space. Currently home to over 27 technology, educational, and service companies and more than 6,500 employees. The has an economic impact of $2.4 billion on the local and state economy. Home to 4 Fortune 500 companies: IBM, Raytheon, CitiGroup and General Dynamics as well as several smaller companies such as NP Photonics, Dilas Lasers, Inc., Cognis and Amplimed. Home to the Arizona Center for Innovation - a technology business incubator that serves 15 client companies. They have plans to develop a major linear park along the northern edge of the along the Julian Wash. The is home to University of Arizona s outh campus and High chool. UA outh serves approximately 300 full-time students and has current expansion plans for an additional 20 acres within the. More than 150 students attend class at High. The school district is currently developing plans for a new campus in the that will include a child development facility. Target Fulfillment Facility Target purchased 100 acres of industrial land for $3,606,776 ($39,912/acre) at Road and I-10 for their Fulfillment Center in November of Facility was completed in April ,000 F facility, expandable by 250,000 F. Employs over 450 full time employees, with additional 400 seasonal staff. - s 3rd largest employer. Annual economic impact estimated at over $1 billion. Home to a wide range of tenant units including: 355th Wing, the 563rd Rescue Group, the 305th Rescue quadron, and Detachment I, 120th Fighter Interceptor Group. Other federal agencies using the base include the Federal Aviation Administration, the U.. Customs ervice Air ervice Branch, the U.. Corps of Engineers, the Federal Law Enforcement Training Center, and a detachment of the Naval Air ystems Command. LOT IZE BREADOWN Total/Phase Phase I OLD Phase II Total 349 UTILITIE Electric - Electric Power Co. Water - Water ewer - Pima Wastewater Natural Gas - outhwest Gas Telephone - Century Link and/or Cox Communication Cable - Cox Communications ERVICE chools: Academy and High chool (-12), Pantano Middle chool (6-8), Empire High chool (9-12)and Cienega High chool (9-12) Fire: City of Fire tation #19 Police: Pima heriff
3 12th Ave wan Wilmot Ave Alvernon Wy N Campbell Ave olb N Pantano VAIL CHOOL DITRICT MAP W Grant E Grant E Wrightsto wn E Tanque Verde o oldados E Redington R d W tarr Pass tar Pass N ilverbell peedway Bl W Anklam W tarr Pass AC 86 W Bl Irvington N 6th Ave AC 210 outh The Bridges 6th Ave ino Pw E Ajo Wy Irvington Place N Country Club E 36th t E 5th t E 29th t N Craycroft aguaro National Monument Midvale W Valencia Intl Airport 19 La Estancia an Xavier Indian Reservation Country Club Palo Verde N Alvernon Wy N wan N olb E Broadway Bl E 22nd t E Golf Links Pantano Camino eco Harrison N Houghton E Old panish Tr E Irvington E Escalante Freeman Mission AZPM69268 Conceptual Future E Drexel Nogales Hy Bl E Ae rospace Pw E Los Reales E Valencia Verano ycamore E R ita E Old Land Civano Houghton Oldpanish Tr Rincon Trails ubject o
4 12Th Av ino Alvernon Wy Campbell Av wan olb Old Camino eco URROUNDING EMPLOYMENT MAP tar Pass Anklam AC 86 Cardinal Av 20 Mission Conceptual Future University Medical Center - 3,200 City of - 6,100 Pima - 6,900 of AZ - 7,000 Midvale outh The Bridges Raytheon Missile ystems -12,515 an Xavier Indian Reservation Unified chool District 1-7,729 Irvington Place Intl 19 Airport Airport Authority Fire Department - 13, AZPM Ajo Wy Irvington Nogales Hy Pw 15 Grant 6Th t Aviation Pw 36Th Drexel Bl Country Club t AC210 Palo Verde 5Th t Valencia Los Reales Pima t U of A cience & Technology 6,000 Arizona Prison Complex -2,000 U Border Patrol -2,837 - Pima Community College - 2,325 Broadway Bl 22Nd t Golf Links 10 Verano - -7,701 La Estancia Wilmot ycamore Wrightsto w n V ail Harrison peedway Bl Old 5 Land Tanque Verde panish Houghton Tr Escalante Civano Target Fulfillment Center o oldados Freeman aguaro National Monument Mary Ann Cleve Redington land Wy o ubject
5 12th Av 10th Av Campbell Av 6th Av wan Wilmot Av Alvernon Wy Camino eco Freeman URROUNDING RETAIL MAP ino AC210 Pantano Pw 22nd t Golf Links Harrison Old Pw 36th t Pantano panish Tr aguaro National Monument AC86 Ajo Wy Irvington Irvington Place olb Houghton Escalante Drexel Bl Civano 19 an Xavier Indian Reservation International Airport Country Club Valencia an Xavier Nogales Hy Hughes Access Los Reales La Estancia U of A cience & Technology ycamore Old Mary Ann Cleveland Coyote Creek Rincon Trails ubject AZPM69268 Future Verano Land Dawn Wy o
6 olb URROUNDING DEVELOPMENT MAP E Valencia E Old panish Tr La Estancia E U of A cience & Technology E Old Wilmot City of ycamore Houghton Pima E Mary Ann Cleveland Wy ubject Rincon Trails Future AZPM Harrison outheast Regional E Brekke E Dawn E Colossal Cave o
7 Old Harrison VAIL CHOOL DITRICT MAP E Valencia U of A cience & Technology E City of ycamore E Old Academy High chool (-12) Houghton Pima Empire High chool (9-12) Proposed chool E Mary Ann Cleveland Wy ubject outheast Regional E Brekke Cienega High chool (9-12) Pantano Middle chool (6-8) o AZPM
8 PHAING MAP Phase 2 55 Lots = 55' X 120' Leon pider Rock E Fire Dancer Tewa Tr E Monthan Phase 2 75 Lots = 65' X 125' E Whitehorse Tr Phase 2 59 Lots = 45' X 115' Mary Ann Cleveland Wy E teve t Phase 1 75 Lots = 55' X 120' Phase 1 85 Lots = 45' X 115' E Rolling Water Dr High Bluff Dr Painted Cutting Horse Ma re Dr E Corte Manta E Vista Dr AZPM69268 Feet Millicent Tr E Red Iron Tr
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