Tucson, AZ shopfoothillsmall.com. Outlets, Entertainment & More

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1 Tucson, AZ shopfoothillsmall.com Outlets, Entertainment & More

2 A r e a I n fo - Conveniently located 2 miles east of I-10 on Ina Road - Only 60 miles from Nogales, AZ/Nogales, Foothills mall 10 mile Population: 412,364 about the c e n t e r 30 mile Population: 956, mile Sonora Mexico a key border crossing point - Offers the benefit of no city sales tax (FHM is located in unincorporated Pima Co., 7.1% vs. 9.1% sales tax in Tucson - La Cholla Medical Center directly across the street Foothills mall is being repositioned to become the Tucson established trade area with over 1 million permanent residents region s premier destination for factory outlet shopping and and serves as a gateway city for a sizeable population 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. currently offers over 80 specialty Recognizing the opportunity on hand, the owners of the stores, restaurants, an international food court, a Game Category 10 mile will invest significant capital resources to Works Studio, a 15-screen multiplex cinema including improve the outlet merchandising mix and refocus Population 412, ,459 1,044,842 Tucson s only IMAX Theater. The Tucson market is an marketing efforts on promoting the outlet attraction. Households 172, , ,012 Median Age N. La Cholla Boulevard Tucson, AZ Total Square Footage: 511,278 Population: 1,044,842 - Home to University of Arizona with over 38,000 students 30 mile 50 mile 2001 Households by Income Median Household Income $46,543 $42,325 $42,417 Average Household Income $69,066 $57,211 $57,182 A n c hor T e na n t s - Barnes & Noble Pop u l ation D e n sit y USA Population Density Block Groups 100,001 to 382,183 25,001 to 100,000 10,001 to 25,000 -A MC Lowes Foothills Theatres 1,001 to 10, to 1,000 0 to Old Navy Zero Population -S aks Fifth Avenue Off 5th - Ross Dress for Less - Nike Factory Store 2 3

3 Arizona Tucson To Phoenix Tucson Arizona s Second Largest City Tucson is now the second-largest city in Arizona the Market after the state capital, Phoenix; it is also the county seat of Pima County, which includes the towns of Marana, Oro Valley, Catalina, South Tucson, Tucson is the 32nd largest city in the U.S. Population of Metropolitan Tucson Nogales AZ / Mexican Border Sahuarita, Vail, and Green Valley. Metropolitan is over 1 million Area Attractions Tucson s population is more than 1 million; this includes roughly 50,000 students and Total area of Tucson is 227 miles Ritz Carlton Dove Mountain employees at the University of Arizona, Housing : 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 is home to The University of Arizona and University Medical Center teaching hospital Raytheon Tucson s Top 5 Employers Raytheon Missile Systems University of Arizona Tucson Mall La Encantada Canyon Ranch Resort Davis-Monthan Air Force Base State of Arizona Canyon Ranch Resort Tucson Padres Baseball Club Davis-Monthan Air Force Base University of Arizona Park Place Mall Multiple resorts, conference centers and golf courses (including the Ritz Carlton at Dove Mountain) Wal-Mart Stores, Inc. Tucson Padres Baseball Club Davis-Monthan Air Force Base Raytheon 4 5

4 Visitor Statistics Tucson & Southern Arizona (includes Pima, Santa Cruz, and Cochise Counties)* Mexican Visitation and Spending in Pima County* 6.8 Million Domestic Overnight Visitors per Year $2.597 Billion in Direct Travel Spending 27,295 Tourism Jobs - Direct Employment Mexico visitors are a valued market segment for the tourism industry in Tucson. The Mexican Visitors to Arizona, study by the University of Arizona states that Mexican visitors expenditures in Pima competition 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 Median income of visitors: $77,000 Average length of stay: 3.6 days Average party size: 2.5 people million from 2001 to Pima County receives 36.3% of the total expenditures by Mexican visitors in Arizona. The number of border crossings from Mexico to Arizona increased from million in 2001 to Full Price Tucson Mall La Encantada GGP Macerich 6 Miles 6 Miles Dillards, Macy s, Forever 21, Gap, Banana Republic, Guess, The Children s Place Coach, Louis Vuitton, Lucky Brand Jeans, J. Crew, St. John, Anthropologie, Crate & Barrel million in , an increase of 4.92%. Tucson & Pima county 4 Million Domestic Overnight Visitors per Year (Source: Mitch Nichols Tourism Group 2006) According to the study, million Mexican visitor parties visit Arizona while 1,008,176 parties final destination was Tucson. Park Place Mall GGP 16 Miles Macy s, Dillards, Coach, Abercrombie and Fitch, Banana Republic, Gap $2.022 Billion in Direct Travel Spending Therefore, Tucson received 2,701,912 Mexican visitors. The percentage of Mexican visitors who 21,500 Tourism Jobs - Direct Employment $124.1 Million in Direct Tax Receipts Top 10 Metro Tucson shopping destinations for Mexican visitors: stayed overnight in Arizona rose from less than 4% to 16%. This increase is due largely to the increased percentage of visitors to Metro Tucson on overnight visits 98.9% of Arizona s Mexican visitors are from the state of Sonora. Shopping is still the primary reason for Mexican Tucson Mall (6 Miles) La Encantada (6 Miles) 1. All malls/shopping centers 2. Tucson Mall 3. Park Place Plaza Palomino 6. El Con Mall 7. St. Philip s Plaza 8. La Encantada 9. Casas Adobes Plaza 10. Crossroads visitors to the US. Other reasons include visiting friends and family and work. The report attributes $976.4 million in expenditures to Mexican visitors to Pima County (5.2% of Pima County s taxable sales) and 2.3 million overnight visitors. Park Place Mall (16 Miles) 6 7

5 7401 N. La Cholla Boulevard Tucson, AZ Guest Services Phone: shopfoothillsmall.com Leasing by: FFO Real Estate Advisors 1340 Smith Avenue, Suite 200 Baltimore, Maryland fforealty.com Schottenstein Property Group 4300 East Fifth Avenue Columbus, OH spgroup.com

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