Leasing Brochure - Wenatchee Valley Mall

Leasing Brochure - Wenatchee Valley Mall

511 VALLEY MALL PARKWAY | EAST WENATCHEE, WA
ROGER D. BURGHDORF
Executive Vice President, Leasing
Direct: (310)806-6586
Mobile: (310)968-4749
rburghdorf@vintage-vre.com
VINTAGE REAL ESTATE, LLC
11611 San Vicente Boulevard, Suite 1000
Los Angeles, CA 90049
(310)979-9090
www.vintage-vre.com
A Fred Sands Company
www.vintage-vre.com | www.WenatcheeValleyMall.com
A Fred Sands Company
Pop-Facts: Demographic Snapshot 2014 Report
Wenatchee Valley Mall
Radius 1: 511 VALLEY MALL PKWY, EAST WENATCHEE, WA 98802-3808, aggregate
Radius 2: 511 VALLEY MALL PKWY, EAST WENATCHEE, WA 98802-3808, aggregate
Radius 3: 511 VALLEY MALL PKWY, EAST WENATCHEE, WA 98802-3808, aggregate
0.00 - 10.00 miles
Description
Radius 1
Population
2019 Projection
80,099
2014 Estimate
76,273
2010 Census
73,470
2000 Census
63,769
Growth 2014-2019
Growth 2010-2014
Growth 2000-2010
PROPERTY DATA
Opening Date
Renovation Date
Site
Total Stores
Levels
Parking Spaces
LEASABLE AREA
Total GLA
Anchor Tenants
Outparcels
Small Shops
30 mile
1978
2009
28.68 Acres
51
Single
1400
971
359,991 SF
184,822 SF
91,458 SF
83,310 SF
Wenatchee
East Wenatchee
Population
Average HH Income
Median Age
Total Households
122,526
$64,106
36.2
31,357
situated in a market that is geographically surrounded by mountains and a river. In 2014 Vintage will open a new
Sportsman’s Warehouse to replace a closed Sears. In addition Marshalls will open adjacent to Food Pavilion. It is the
only regional shopping center in North/Central Washington. Continued retail growth, with the addition of Target,
Costco, and Wal‐Mart has created a critical mass of shopping and subsequently a draw for the Wenatchee Valley Mall.
The Wenatchee Valley provides shopping and services for over 210,000 residents as the closest regional center for
shopping, health care, banking and education in Douglas, Chelan, Okanogan, and Grant Counties. In addition, over 3
million tourists visit the area annually for the festivals and outdoor recreation. Optimally positioned to fulfill the shopping, dining, and entertainment needs of the fast growing community, Vintage Real Estate has a tremendous opportunity to bring a fresh retail experience to Wenatchee Valley.
5.16%
3.99%
15.55%
122,526
94,090
818
1,234
1,563
233
20,658
3,930
76.79
0.67
1.01
1.28
0.19
16.86
3.21
2014 Est. Population by Sex
Male
Female
76,273
37,736
38,537
49.47
50.53
83,968
41,586
42,382
49.53
50.47
122,526
61,311
61,215
50.04
49.96
2014 Est. Population by Age
Age 16 and over
Age 18 and over
Age 21 and over
Age 65 and over
76,273
58,828
56,558
53,508
11,966
77.13
74.15
70.15
15.69
83,968
64,850
62,347
58,987
13,208
77.23
74.25
70.25
15.73
122,526
95,275
91,668
86,345
18,506
77.76
74.82
70.47
15.10
2014 Est. Median Age
37.1
37.3
36.2
2014 Est. Average Age
38.40
38.50
38.00
2014 Est. Pop. Age 25+ by Edu. Attainment
Less than 9th grade
Some High School, no diploma
High School Graduate (or GED)
Some College, no degree
Associate Degree
Bachelor's Degree
Master's Degree
Professional School Degree
Doctorate Degree
49,500
4,474
3,658
14,352
11,437
4,812
7,013
2,589
935
229
Households
2019 Projection
2014 Estimate
2010 Census
2000 Census
30,009
28,550
27,483
23,616
32,990
31,426
30,285
26,255
48,463
45,978
44,096
37,587
5.11%
3.88%
16.37%
4.97%
3.77%
15.35%
5.40%
4.27%
17.32%
28,550
19,794
8,756
9.04
7.39
28.99
23.11
9.72
14.17
5.23
1.89
0.46
69.33
30.67
54,574
5,008
3,980
15,930
12,595
5,327
7,706
2,786
993
249
31,426
21,830
9,597
9.18
7.29
29.19
23.08
9.76
14.12
5.10
1.82
0.46
69.46
30.54
78,020
7,406
5,760
22,044
18,224
7,274
11,258
4,165
1,340
547
45,978
31,357
14,621
2014 Est. Average Household Income
$65,951
$66,190
$64,106
2014 Est. Median Household Income
$52,070
$52,303
$49,664
Family Households
2019 Projection
2014 Estimate
2010 Census
2000 Census
Wenatchee Valley Mall is anchored by Macy’s, Bed Bath & Beyond, and Ross Dress For Less, and is
4.81%
3.61%
13.91%
%
76.49
0.57
1.10
1.18
0.17
17.12
3.36
2014 Est. Average Number of Vehicles
28
128,851
122,526
117,829
101,969
83,968
64,227
476
927
995
143
14,375
2,823
Growth 2014-2019
Growth 2010-2014
Growth 2000-2010
TRADE AREA 30 MILE
0.00 - 30.00 miles
Radius 3
76.64
0.59
1.14
1.24
0.18
16.82
3.39
2014 Est. Households by Number of Vehicles
No Vehicles
1 Vehicle
2 Vehicles
3 Vehicles
4 Vehicles
5 or more Vehicles
28
2
%
88,010
83,968
81,040
71,145
76,273
58,454
448
867
948
138
12,831
2,588
2014 Est. Households by Household Type
Family Households
Nonfamily Households
10 mile
5.02%
3.81%
15.21%
0.00 - 15.00 miles
Radius 2
2014 Est. Pop by Single Race Class
White Alone
Black or African American Alone
Amer. Indian and Alaska Native Alone
Asian Alone
Native Hawaiian and Other Pac. Isl. Alone
Some Other Race Alone
Two or More Races
Growth 2014-2019
Growth 2010-2014
Growth 2000-2010
15 mile
%
28,550
1,519
7,507
12,411
4,150
2,212
752
5.32
26.29
43.47
14.54
7.75
2.63
31,426
1,735
8,148
13,540
4,645
2,533
825
5.52
25.93
43.09
14.78
8.06
2.63
45,978
2,483
11,845
19,436
7,423
3,514
1,277
2.04
2.04
2.06
20,830
19,794
19,037
16,762
22,942
21,830
21,019
18,671
33,060
31,357
30,079
26,529
5.23%
3.98%
13.57%
5.10%
3.86%
12.58%
5.43%
4.25%
13.38%
9.49
7.38
28.25
23.36
9.32
14.43
5.34
1.72
0.70
68.20
31.80
5.40
25.76
42.27
16.14
7.64
2.78
2014 Est. Families by Poverty Status
2014 Families at or Above Poverty
2014 Families at or Above Poverty with Children
19,794
17,948
7,483
2014 Families Below Poverty
2014 Families Below Poverty with Children
2014 Est. Pop Age 16+ by Employment Status
In Armed Forces
Civilian - Employed
Civilian - Unemployed
Not in Labor Force
1,846
1,633
58,828
33
34,528
3,327
20,941
0.06
58.69
5.66
35.60
1,995
1,756
64,850
33
38,230
3,615
22,973
0.05
58.95
5.57
35.42
3,272
2,822
95,275
56
55,182
5,673
34,364
2014 Est. Civ Employed Pop 16+ Class of Worker
For-Profit Private Workers
Non-Profit Private Workers
Local Government Workers
State Government Workers
Federal Government Workers
Self-Emp Workers
Unpaid Family Workers
34,795
23,574
3,165
2,847
1,647
436
3,054
71
67.75
9.10
8.18
4.73
1.25
8.78
0.20
38,531
26,149
3,378
3,221
1,832
474
3,401
76
67.86
8.77
8.36
4.75
1.23
8.83
0.20
55,716
36,594
4,461
4,562
3,891
735
5,381
91
65.68
8.01
8.19
6.98
1.32
9.66
0.16
2014 Est. Civ Employed Pop 16+ by Occupation
Architect/Engineer
Arts/Entertain/Sports
Building Grounds Maint
Business/Financial Ops
Community/Soc Svcs
Computer/Mathematical
Construction/Extraction
Edu/Training/Library
Farm/Fish/Forestry
Food Prep/Serving
Health Practitioner/Tec
Healthcare Support
Maintenance Repair
Legal
Life/Phys/Soc Science
Management
Office/Admin Support
Production
Protective Svcs
Sales/Related
Personal Care/Svc
Transportation/Moving
34,795
397
834
1,509
980
545
530
1,900
1,417
2,408
1,893
1,976
890
1,209
211
142
2,440
4,511
1,665
507
3,837
1,574
3,419
1.14
2.40
4.34
2.82
1.57
1.52
5.46
4.07
6.92
5.44
5.68
2.56
3.47
0.61
0.41
7.01
12.96
4.79
1.46
11.03
4.52
9.83
38,531
433
913
1,705
1,074
622
585
2,112
1,599
2,796
2,118
2,191
953
1,402
218
162
2,697
4,861
1,842
543
4,198
1,789
3,718
1.12
2.37
4.43
2.79
1.61
1.52
5.48
4.15
7.26
5.50
5.69
2.47
3.64
0.57
0.42
7.00
12.62
4.78
1.41
10.90
4.64
9.65
55,716
603
1,287
2,607
1,548
829
853
3,025
2,627
4,675
3,132
2,909
1,373
2,089
262
355
4,103
6,647
2,520
886
5,536
2,499
5,350
1.08
2.31
4.68
2.78
1.49
1.53
5.43
4.71
8.39
5.62
5.22
2.46
3.75
0.47
0.64
7.36
11.93
4.52
1.59
9.94
4.49
9.60
90.67
37.80
9.33
8.25
21,830
19,835
8,283
90.86
37.94
9.14
8.04
31,357
28,085
11,751
2014 Owner Occ. HUs: Avg. Length of Residence
15.6
15.9
2014 Renter Occ. HUs: Avg. Length of Residence
7.3
7.5
7.3
$234,900
$237,241
$237,545
2014 Est. Median All Owner-Occupied Housing Value
16.0
89.57
37.47
10.43
9.00
0.06
57.92
5.95
36.07