Tucson, AZ | shopfoothillsmall.com O u t l e t s , E n t e r t a i n m e n t & Mo r e 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 Foothills mall 10 mile Population: 412,364 about the c e n t e r 30 mile Population: 956,459 50 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. Foothills Mall 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 Foothills Mall will invest significant capital resources to Works Studio, a 15-screen multiplex cinema including improve the outlet merchandising mix and refocus Population 412,364956,459 1,044,842 Tucson’s only IMAX Theater. The Tucson market is an marketing efforts on promoting the outlet attraction. Households 172,340376,908 412,012 Median Age 36.937.2 38.1 7401 N. La Cholla Boulevard Tucson, AZ 85741 | 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 Foothills Mall 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 10,000 101 to 1,000 0 to 100 - Old Navy Zero Population -S aks Fifth Avenue Off 5th - Ross Dress for Less - Nike Factory Store 2 3 Arizona Tucson To Phoenix Foothills Mall Tucson Tucson is now the second-largest city in Arizona 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, Sahuarita, Vail, and Green Valley. Metropolitan Tucson’s population is more than 1 million; this includes roughly 50,000 students and employees at the University of Arizona, Tucson is the Gateway to the Historic Anza Arizona’s Second La rge s t Cit y the Ma r ket Foothills Mall • Tucson is the 32nd largest city in the U.S. No gales A Z / Mexican Bo r d e r • Population of Metropolitan Tucson is over 1 million • Total area of Tucson is 227 miles Area Attractions Ritz Carlton Dove Mountain • Housing - 2011: Average Sale Price: $163,527 Trail and is becoming one of the hottest new itineraries in the nation. Tucson’s Top 5 Empl oyer s T uc s o n i s home to • The University of Arizona and University Medical Center teaching hospital • Raytheon Missile Systems • University of Arizona • Raytheon • Davis-Monthan Air Force Base • Canyon Ranch Resort • Tucson Padres Baseball Club • Multiple resorts, conference centers and golf courses (including the Ritz Carlton at Dove Mountain) Foothills Mall La Encantada Tucson Mall Canyon Ranch Resort • State of Arizona • Davis-Monthan Air Force Base University of Arizona Park Place Mall • Wal-Mart Stores, Inc. Tucson Padres Baseball Club Davis-Monthan Air Force Base Raytheon 4 5 Visito r Statistics (includes Pima, Santa Cruz, and Cochise Counties)* M e x i ca n Vi s itati o n an d Spe ndi ng i n P i ma C oun t y* • 6.8 Million Domestic Overnight Visitors per Year Mexico visitors are a valued market segment for the • $2.597 Billion in Direct Travel Spending tourism industry in Tucson. The Mexican Visitors to Tu cson & S ou t her n A r i zona • 27,295 Tourism Jobs - Direct Employment Arizona, 2007-08 study by the University of Arizona states that Mexican visitors’ expenditures in Pima • $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. • Average length of stay: 3.6 days • Average party size: 2.5 people 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 22.91 million in 2001 to Full Price • Median income of visitors: $77,000 competition Center Owned by Distance Key tenants Tucson Mall GGP 6 Miles Dillards, Macy’s, Forever 21, Gap, Banana Republic, Guess, The Children’s Place La Encantada Macerich 6 Miles Coach, Louis Vuitton, Lucky Brand Jeans, J. Crew, St. John, Anthropologie, Crate & Barrel Park Place Mall GGP 16 Miles Macy’s, Dillards, Coach, Abercrombie and Fitch, Banana Republic, Gap 24.02 million in 2007-08, an increase of 4.92%. Tucson & Pi m a c ou n t y According to the study, 13.37 million Mexican visitor parties visit Arizona while 1,008,176 • 4 Million Domestic Overnight Visitors per Year (Source: Mitch Nichols Tourism Group 2006) parties’ final destination was Tucson. Therefore, Tucson received 2,701,912 Mexican • $2.022 Billion in Direct Travel Spending • 21,500 Tourism Jobs - Direct Employment visitors. The percentage of Mexican visitors who stayed overnight in Arizona rose from less than 4% to 16%. This increase is due largely to the • $124.1 Million in Direct Tax Receipts Foothills Mall La Encantada (6 Miles) increased percentage of visitors to Metro Tucson on overnight visits 98.9% of Arizona’s Mexican Top 10 Metro Tu cson shoppi n g d e s ti natio ns for Mex ican vi sitor s: visitors are from the state of Sonora. Tucson Mall (6 Miles) Shopping is still the primary reason for Mexican 1. All malls/shopping centers 2. Tucson Mall 3. Park Place 4. Foothills Mall 5. Plaza Palomino 6 6. El Con Mall visitors to the US. Other reasons include visiting 7. St. Philip’s Plaza friends and family and work. The report attributes 8. La Encantada 9. Casas Adobes Plaza 10. Crossroads $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) 7 7401 N. La Cholla Boulevard Tucson, AZ 85741 Guest Services Phone: 520.219.0650 shopfoothillsmall.com Leasi ng by: FFO Real Estate Advisors 1340 Smith Avenue, Suite 200 Baltimore, Maryland 21209 fforealty.com Schottenstein Property Group 4300 East Fifth Avenue Columbus, OH 432219 spgroup.com
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