MARKET PROFILE

SCOTTSDALE, AZ
MARKET PROFILE
2016
PROPERTY TYPE:
Outdoor Luxury Lifestyle Center
TOTAL SQUARE FEET:
439,000
MAJOR RETAILERS:
Anthropologie, Arhaus, Athleta, Chico’s,
Coach, Crate & Barrel, J. Crew, Lucy,
Madewell, Michael Kors, PB Teen,
Pottery Barn Kids, Sur La Table,
Tommy Bahama, Vera Bradley
RESTAURANTS & ENTERTAINMENT:
Bar NoRTH, The Cheesecake Factory,
Chloe’s Corner, The Greene House, NoRTH,
Mastro’s Ocean Club, P.F. Chang’s China Bistro,
Postino WineCafé, RA Sushi Bar Restaurant,
Snooze, an A.M. Eatery, Tommy Bahama
Restaurant & Bar, Zinc Bistro
BUILT:
2000
FOR INFORMATION:
480-348-1577
Macerich.com
DEMOGRAPHIC SUMMARY
PHOENIX-MESA-SCOTTSDALE, AZ
PRIMARY TRADE AREA
TOTAL TRADE AREA
POPULATION
[MSA]
2015 Total Population
234,136
834,212
4,457,713
2020 Total Population
245,480
884,600
4,781,069
4.8%
6.0%
7.3%
2015 Total Households
102,750
354,400
1,632,093
2020 Total Households
108,137
377,535
1,752,708
5.2%
6.5%
7.4%
Average Household Income
$119,641 $87,736 $73,071
Median Household Income
$80,008 $57,145 $53,037
Per Capita Income
$52,609 $37,620 $27,064
2015-2020 Population Growth
HOUSEHOLDS
2015-2020 Household Growth
INCOME
HOUSEHOLD INCOME RANGES
$50,000 +
68,010
66.2%
197,022
55.6%
866,786
53.1%
$75,000 +
54,102
52.7%
142,793
40.3%
572,431
35.1%
$100,000 +
42,976
41.8%
103,173
29.1%
365,727
22.4%
$150,000 +
26,169
25.5%
53,524
15.1%
151,440
9.3%
AGE
Median Age
47.4
39.9
35.4
EDUCATION/OCCUPATION LEVELS
Bachelor’s Degree Plus
99,863
57.4%
254,607
44.0%
853,623
29.5%
White Collar
90,540
81.7%
285,872
70.6%
1,200,338
62.4%
206,462
88.2%
674,981
80.9%
3,172,482
71.2%
RACE/ETHNICITY
White
Black
4,156
1.8%
27,255
3.3%
236,992
5.3%
American Indian
1,563
0.7%
13,254
1.6%
111,777
2.5%
10,701
4.6%
32,502
3.9%
167,844
3.8%
207
0.1%
1,260
0.2%
10,253
0.2%
Other Race 11,047
4.7%
84,961
10.2%
758,366
17.0%
Hispanic or Latino
18,681
8.0%
152,973
18.3%
1,354,848
30.4%
215,455
92.0%
681,240
81.7%
3,102,865
69.6%
Asian
Pacific Islander
Not Hispanic or Latino
DAYTIME EMPLOYMENT
Total Businesses
17,088 46,943154,763
Total Employees
204,829588,162
1,977,133
Source: U.S. Census Bureau, Census 2010 Data. Esri forecasts for 2015 and 2020
TRADE AREA MAP
LEGEND
KIERLAND COMMONS
PRIMARY TRADE AREA
SECONDARY TRADE AREA
N
COMPETITIVE CENTERS
OTHER CENTERS
.,(5/$1'
&200216
10% PCW
SITE PLAN
MORTEN’S
THE
STEAKHOUSE
LORNA JANE
ANN TAYLOR
ATHLETA
SPLENDID
MICHAEL KORS
BLUEMERCURY
7 FOR ALL MANKIND
LOFT
TOMMY BAHAMA
RESTAURANT,
BAR & STORE
CHLOE’S
CORNER
VERA BRADLEY
BANANA REPUBLIC
PLATELLA
FRANCESCA’S
COLLECTIONS
MADEWELL
KIERLAND
MANAGEMENT
OFFICE
ROCK STAR GALLERY
VICTORIA’S
SECRET
WHITE HOUSE |
BLACKMARKET
BAR
NORTH
SOMA INTIMATES
HANNA
ANDERSSON
PAPYRUS
SUNDANCE
COS BAR
PEEK,
AREN’T
YOU CURIOUS
TEAVANA
MASTRO’S
SOLSTICE
Everett
SHAKE SHACK
SNOOZE
PBTEEN
ARHAUS
POTTERY BARN KIDS
SOFT
SURROUNDINGS
EVERYTHING
BUT WATER
TD AMERITRADE
ALLEN EDMONDS
POSTINO
WINECAFÉ
RA SUSHI BAR
RESTAURANT
ECCO SHOES
STARBUCKS
OILS AND OLIVES
BOBBY’S
•Located on Scottsdale Road just south of Loop 101, Kierland Commons is an urban lifestyle center with a
sophisticated and eclectic mix of shopping, dining and entertainment experiences for locals and upscale visitors.
•There are more than 415,000 daytime employees within a 10-mile radius, including American Express, Mayo Clinic
and Henkel, making Kierland Commons a prime destination for lunches, dinners and business meetings.
•The average household income among the 834,000 residents in the trade area is $87,000. More than 70% of the
population holds white collar jobs and over 44% have pursued four or more years of college/graduate school.
•Kierland Commons is minutes away from some of the largest events held in Scottsdale, including the Scottsdale
Arabian Horse Show, Barrett Jackson Collector Car Auction and the PGA Tour’s Waste Management Phoenix Open.
These events host nearly 1.3 million people annually and boast $135 million in revenue.
•The center combines shopping, dining, working and living with its condominium towers, where condo units range
from $575,000 to $3 million, and offices that house more than 100,000 square feet of office space.
MARKET INFORMATION
MAJOR EMPLOYERS
YEARLY SALES
1
BANNER HEALTH
2
WALMART STORES INC
3
KROGER CO
4
WELLS FARGO & CO
5ALBERTSONS
6
MCDONALD’S CORP
7
INTEL CORP
8HONORHEALTH
9
CIRCLE K
10 AMERICAN AIRLINES
MONTH
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
NOV
DEC
EMPLOYEE COUNT
38,527
32,000
16,856
14,613
14,490
13,853
11,000
10,500
10,436
10,100
SALES %
8.5%
8.7%
11.2%
9.2%
8.1%
6.9%
5.7%
5.5%
6.4%
7.9%
9.5%
12.4%
VEHICLE TRAFFIC COUNTS
MAJOR HIGHWAYS NEAR CENTER
LOOP 101 – SCOTTSDALE RD
STATE ROUTE 51
2012 AVG DAILY
72,000
103,877
ROADS NEAR CENTER ENTRANCES
SCOTTSDALE ROAD
GREENWAY PARKWAY
SCHOOLS
NUMBER OF SCHOOLS
PEORIA UNIFIED SCHOOL DISTRICT
43
DEER VALLEY UNIFIED SCHOOL DISTRICT
38
DYSART UNIFIED SCHOOL DISTRICT
24
PARADISE VALLEY UNIFIED SCHOOL DISTRICT
42
SCOTTSDALE UNIFIED SCHOOL DISTRICT
31
CAVE CREEK UNIFIED SCHOOL DISTRICT
7
NUMBER OF STUDENTS
36,500
33,927
25,000
32,316
25,668
5,400
COLLEGE/UNIVERSITY
ARIZONA STATE UNIVERSITY
GRAND CANYON UNIVERSITY
SCOTTSDALE COMMUNITY COLLEGE
PARADISE VALLEY COMMUNITY COLLEGE
STUDENT POPULATION
50,246
10,600
10,300
9,477
LOCATION
TEMPE
PHOENIX
SCOTTSDALE
PHOENIX
TOURISM
MAJOR HOTELS
NUMBER OF ROOMS
JW DESERT RIDGE MARRIOTT
950
WESTIN KIERLAND RESORT & SPA
787
FAIRMONT SCOTTSDALE PRINCESS
648
TALKING STICK RESORT
541
HYATT REGENCY SCOTTSDALE RESORT AT GAINEY RANCH 524
FOUR SEASONS RESORT SCOTTSDALE AT TROON NORTH
210
THE BOULDERS RESORT & SPA
160
UPDATED 3/16
2012 AVG DAILY
34,300
21,600
OTHER
OWNED
SCOTTSDA LE ROAD
P.F. CHANG’S CHINA BISTRO
ARHAUS
CRATE & BARREL
MORTON’S THE STEAKHOUSE
THE CHEESECAKE FACTORY
ANTHROPOLOGIE
VICTORIA’S SECRET
Z GALLERIE
POSTINO WINECAFÉ
TOMMY BAHAMA
RESTAURANT, BAR & STORE
MASTRO’S OCEAN
CLUB FISH HOUSE
WESTIN KIERLAND
RESORT & SPA
N
D B LV D
K IE R L A N
G
R
E
E
N
WAY P
K WY