restaurant/retail space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf...

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Exclusively Listed by Cushman & Wakefield Restaurant/Retail Restaurant/Retail Space Space SWC LOOP 202 & SCOTTSDALE ROAD TEMPE, ARIZONA Brent Mallonee Senior Director +1 602 224 4437 [email protected] 2555 E. Camelback Rd, Suite 400, Phoenix, Arizona 85016 ph: +1 602 954 9000 | fx: +1 602 468 8588 | cushmanwakefield.com WATERMARKTEMPE.COM

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Page 1: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Exclusively Listed by Cushman & Wakefield

Restaurant/Retail Restaurant/Retail SpaceSpace

SWC LOOP 202 & SCOTTSDALE ROAD TEMPE, ARIZONA

Brent MalloneeSenior Director+1 602 224 [email protected]

2555 E. Camelback Rd, Suite 400, Phoenix, Arizona 85016 ph: +1 602 954 9000 | fx: +1 602 468 8588 | cushmanwakefield.com WATERMARKTEMPE.COM

Page 2: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

WATERMARK

"Prestigious Scottsdale Road Business Address in the Valley's Most Vibrant City of Tempe."

OVERVIEWThe Watermark is Tempe’s newest premier mixed use development located on

the north bank of Tempe’s Town Lake, and minutes away from light rail stop.

Watermark offers the most unique mixed use environment in the Phoenix

Metropolitan Area and contains over 1.9 million square feet of thoughtful

and sustainable development. This includes 590,000 square feet of

Premium Class A office space; 44,000 SF of retail services 44,000 SF of retail services and restaurantsand restaurants; 360 multifamily units and a 170 room

business class hotel. Watermark enjoys spectacular 360 degree

views of Tempe Town Lake, the McDowell, Superstition and

Camelback Mountains, and the Papago Buttes. Watermark

is just minutes from Arizona State University, the Mill

Avenue District and Oldtown Scottsdale. Watermark

boasts Scottsdale road address with north Tempe zip

cod! Located on Scottsdale Road with immediate

access to a full diamond interchange at the Loop

202 Freeway, Watermark enjoys excellent

proximity to executive and staff employee

labor pools, a variety of housing options, and

numerous area destinations including Sky

Harbor International Airport, Downtown

Phoenix and other valley communities.

Page 3: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Imagery ©2016 , DigitalGlobe, U.S. Geological Survey, USDA Farm Service Agency

LIBERTY CENTER

THE GRAND

POTENTIAL HDR GROUND LEASE

PLANNED BIOTECHBOYER/OKLAND

UNDERCONSTRUCTION

ALLIANCEAPT DEAL

PLANNEDCRESCENTAPT DEAL

PARKWAY/HUELLMANTEL/ JV

YAMASSEMBLAGE

ONE HUNDRED MILLPLANNED OFFICE

& KIMPTON HOTEL

PLANNEDWHOLE FOODS

& 292 UNITS

INLANDHUELLMANTEL

PLANNED 9 STORIES

PLANNEDMIRABELLA

UNIVERSITYSQUARE

MIXED USE

LAWRENCE/MACDONALD

PLANNED CONDO

UNDER CONSTRUCTION

STUDENT HOUSING+/- 825 BEDS

THE DISTRICTPHASE I/STANTEC

75,000 FEET

GOLUBPLANNED

400 UNITS

MOTLEY BYLENNAR

VELA APARTMENTS

290 UNITSTEN01

524 UNITS

NORTHSHORE CONDOMINIUMS

134 UNITS

JEFFERSONTOWN LAKE258 UNITS

PENDINGAURA WATERMARK

370 UNITS

SALTAPARTMENTS

265 UNITS

2.1 MILLION SFOFFICE

THE DISTRICT

ARIZONASTATE

UNIVERSITY

UNIVERSITY DRIVE

RIO SALADO PARKWAY

JLBSOUTHBANKAPARTMENTS

SCOT

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OAD

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CK D

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AVE

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APACHE BOULEVARD

ASUGAMMAGE

SUN DEVILSTADIUM

PRIE

ST D

RIVE

HARD

Y DR

IVE

O V E R V I E WLIGHT RAIL STATION

LIGHT RAIL

THE DISTRICT

CURRENT/FUTURE PROJECTS

g

TEMPE STREET CAR

EASTLINE VILLAGE DMB PROJECT

ABOUT TEMPEABOUT TEMPE

Million AnnualVisitors to Tempe

Town Lake

2.7Million Annual Visitors to

Downtown Tempe

4of Workforce

within 3 Mile Radius is 'Tech Focused"

58%

Present and Proposed Residential Apartments and Condominiums

within .5 Mile Radius

1,500of Tempe ResidentsHave a Bachelor's Degree or Higher

41.3%

Tempe's Rating as the Most "Walkable

City in Arizona"

89at the Confluence

of 3 of Metro Phoenix'sMajor Freeways

CENTRALLY LOCATED

Page 4: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Scottsdale Road Broker ViewTEMPE, AZ | #315029 | SEPTEMBER 27, 2016

The Watermark | Tempe

© Nelsen Partners, Inc. 2014 1

Conceptual View from Scottsdale RoadPhase 1

LOT 1

LOT 2LOT 3

LOT 4

LOT 5

LOT 6

LOT 7

88 CARSPHASE 1A TEMPORARY PARKING LOT

112 CARSPHASE 1A TEMPORARY

PARKING LOT

NOT A PART

NOT A PART

122 CARSPHASE 1A TEMPORARY PARKING LOT

SCALE: 1"=60'01 PHASE 1A SITE PLAN PARKING EXHIBIT

NORTH

LOT 1

LOT 2LOT 3

LOT 4

LOT 5

LOT 6

LOT 7

88 CARSPHASE 1A TEMPORARY PARKING LOT

112 CARSPHASE 1A TEMPORARY

PARKING LOT

NOT A PART

NOT A PART

122 CARSPHASE 1A TEMPORARY PARKING LOT

SCALE: 1"=60'01 PHASE 1A SITE PLAN PARKING EXHIBIT

NORTH

LOOP 202 WESTBOUND

LOOP 202 EASTBOUND

TO

DOWNTOWN SCOTTSDALE

1

4

3

2LOT 1

LOT 2LOT 3

LOT 4

LOT 5

LOT 6

LOT 7

88 CARSPHASE 1A TEMPORARY PARKING LOT

112 CARSPHASE 1A TEMPORARY

PARKING LOT

NOT A PART

NOT A PART

122 CARSPHASE 1A TEMPORARY PARKING LOT

SCALE: 1"=60'01 PHASE 1A SITE PLAN PARKING EXHIBIT

NORTH

TEMPORARY SURFACE PARKING | 88 CARS

FUTURE HOTEL

TEMPORARY SURFACE PARKING | 122 CARS

TEMPORARY SURFACE PARKING 112 CARS

SCO

TTSDA

LE R

D

±220,000 VPD

PLAYA

DE

L N

ORT

E

ACCESS TOCURRY ROAD

LOOP 101VIA MILLER

LOOP 101 VIA RIO SALADO PARKWAY

MARINA HEIGHTS

ENTRANCE/EXIT AT GILBERTDRIVE/COLLEGE AVENUE4

ENTRANCE/EXITVIA DENNY’S3

SECONDARY ENTRANCE ATSCOTTSDALE ROAD2

PRIMARY ENTRANCE/EXIT VIA SCOTTSDALE ROAD AT PLAYA DEL NORTE 400’ FROM LOOP 202 FREEWAY

1

M u l t i f a m i l y

1.9M SF Total Mixed Use Development

RETAIL/RESTAURANTSITE PLAN

SUIT

E A

105

3,25

0 S

F

F u t u re O n - S i te H o te l

± 2 5 0 Ro o m s

M u l t i f a m i l y± 3 6 0 U n i t s

SC

OT

TS

DA

LE

RO

AD

SC

OT

TS

DA

LE

RO

AD

(56

,00

0 V

PD

)(5

6,0

00

VP

D)

400' fromThe Watermark

(220,000VPD)

Most Suites are Divisible to Accommodate smaller or larger

requirements

2

1

SUITE C1031,594 SF

SUITE C1042,003 SF

SUITE C1113,196 SF

SUITE A101-A1048,053 SF

SUIT

E A

116

1,22

5 SF

SUIT

E A

114

2,27

1 SF

SUIT

E A

115

1,13

8 SF

Page 5: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

24'6" CEILING HEIGHTS

12' - 16'9" CEILING HEIGHTS

12' - 16'9"

CEILING HEIGHTS

24'6

" C

EIL

ING

HE

IGH

TS

Page 6: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Scottsdale Road Broker ViewTEMPE, AZ | #315029 | SEPTEMBER 27, 2016

The Watermark | Tempe

© Nelsen Partners, Inc. 2014 1

Conceptual View from Scottsdale RoadPhase 1

Attractive Patios Available Ample Parking - 5:1,000

Great Project Signage - Visible from Loop 202

PROJECT FEATURES PROJECT FEATURES

• This property is a mixed use project featuring office, retail/restaurant, multifamily and hospitality

• The location is unmatched with Scottsdale Rd. frontage, Loop 202 access & visibility in the southwest's hottest submarket, Tempe, Arizona.

• Access to top consumer demographics. 43% of population with associates degrees or higher. Just north of Tempe's 85284 zip code, Metro Phoenix's 3rd wealthiest.

PROPERTY NAME The WaterMark | Tempe

LOCATION Loop 202 & Scottsdale Road SSWC

SITE SIZE 1.9 Million SF

RETAIL/RESTAURANTAVAILABILITY

±43,819 SF of Retail (Phase I)Up to ±16,148 SF Contiguous

TIMING Phase I Delivery 4Q 2019

ZONING MU-4; City of Tempe

FRONTAGE/SIGNAGE530 feet along Scottsdale Road 1,250 feet along Tempe Town lake "Pylon" Visible along Loop 202

Site Summary

Area Demographics

Comments

Population 1 Mile 3 Miles 5 Miles

2019 Population 10,125 128,748 341,757

2024 Population 12,208 141,687 369,763

2019 Median Age 24.0 27.9 31.1

Households 1 Mile 3 Miles 5 Miles

2019 Total Households 3,684 54,665 144,411

2024 Total Households 4,774 60,820 157,014

Average Household Income 1 Mile 3 Miles 5 Miles

2019 Average Household Income $62,967 $61,070 $69,751

2024 Average Household Income $69,702 $70,207 $80,418

Data for All Businesses in the Area 1 Mile 3 Miles 5 Miles

Total Businesses 611 5,844 16,486

Total Employees 10,772 195,152 350,491

Total Residential Population 10,125 128,748 341,757

Employee/Residential Population Ratio (per 100 Residents) 106 152 103

Page 7: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Town Lake DamsTown Lake is a functioning riverbed. Rubberized inflatable dams allow floods to pass safely.www.tempe.gov/lake/lakehistory/dams.htm

Pedestrian BridgeA new bridge is being built atop the west end Town Lake dams. Not only is this bridge beautiful, it is functional. A sprin-kler system beneath the walkway will cool the rubber bladders that make up Town Lake’s dam system and the bridge itself will shade them. This bridge links the sides of the lake for bicyclists and pedes-trians, giving them a no-traffic option for a lake crossing. The construction will be complete this spring. Visit www.tempe.gov/maps and look under Public Projects.

TempeTown Lake

The heartof a vibrantcommunity

www.tempe.gov/lake

Boat RentalsWant to enjoy Town Lake from the water? Boat Rentals of America offers many choices for fun. Get a workout with a kayak or a hydro bike. For those who would prefer a little less exertion, fishing boats with electric motors and family-sized picnic boats are available. www.boats4rent.com

P.F. Chang’s Rock ‘N’ Roll MarathonMore than 35,000 people run or walk P.F. Chang’s Rock ‘N’ Roll Arizona. Pick between a 13.1- or 26.2-mile course filled with bands, cheerleaders and encouraging spectators. Finish at Sun Devil Stadium for a victorious feeling. Happens Jan. 16. www.rocknrollaz.com

WildlifeWant to fish? Go bird watching? You can do both at Tempe Town Lake. You can get an Arizona State fishing license online – a state license with a trout stamp is available at www.azgfd.gov. You’ll have to compete with some of the best anglers in the world for your catch – great blue heron and egrets abound. There are even some California brown pelicans living at the lake. And if you are lucky, you will see turtles, rabbits, coyotes and maybe even a beaver.

Events at the LakeTempe Town Lake hosts more than 100 events a

year, ranging from athletic opportunities, like Iron-man Arizona and the P.F. Chang’s Rock ‘N’ Roll

Marathon, to cultural offerings like Ballet Under the Stars. Check out what is happening at

www.tempe.gov/calendar.

Light Rail BridgeTempe believes that public transporta-tion is crucial to a community. We are

the only city in Arizona offering light rail from border to border and the only one

with a light rail bridge. This bridge is illuminated by LCD lights and changes colors every time a train crosses. The

rainbow reflects onto the surface of Town Lake, casting shimmering color

onto the water. www.tempe.gov/maps, look under light rail stations.

Tempe Center for the ArtsCatch a play, a symphony performance, a Wednesday open mic night, or simply take

a moment to stroll through the lobby of one of Arizona’s most architecturally interest-

ing buildings. This $65 million performing arts center is home to many local perform-ing arts troupes and may also be rented for

special occasions. www.tempe.gov/tca

Exercise at the LakeDon’t miss a day of training: There are more than five miles

of car-free paths around Town Lake, with both paved and gravel options. Paths start at Priest Road and go to Mc-

Clintock Road on the south side, Priest to Rural on the north and connect to an additional 20 miles to the north along the Indian Bend Wash Greenbelt. www.tempe.gov/maps, look

under Town Lake Parks and Amenities

Hayden Ferry Lakeside Hayden Ferry Lakeside provides

a nautical mile of mixed use development. A Hyatt Hotel is

expected as part of the campus. More than a million square feet

of development is located on Tempe Town Lake.

www.haydenferrylakeside.comMore than 2.7 million people spend time at Town Lake each year, with good reason! The lake offers world class events, Fortune 500 businesses, luxuri-ous condominiums, connections to Arizona State University and Mill Avenue and casual op-portunities to walk, boat and even commune with nature. It’s within minutes of Sky Harbor International Airport.

Page 8: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Scottsdale Road Broker ViewTEMPE, AZ | #315029 | SEPTEMBER 27, 2016

The Watermark | Tempe

© Nelsen Partners, Inc. 2014 1

Conceptual View from Scottsdale RoadPhase 1

¾Á

¾Á

¾Á

¾Á

¾Á

DOWNTOWNSCOTTSDALE

MILL AVENUEDISTRICT

PHOENIXSKY HARBORINTL AIRPORT& DOWNTOWNPHOENIX

TO

ASU MAINCAMPUS

Light Rail

Light Rail

3 MINUTES

5 MINUTES

8 MINUTES

19 MINUTES

24 MINUTES

8 MINUTES4 MINUTES

COMING FROM SKY HARBOR?YOU ARE 1/2 MILE SOUTH AND 10 MINUTES

CLOSER THAN DOWNTOWN TEMPE

GOING TO SCOTTSDALE OR THE SOUTHEAST VALLEY?

WE’LL SHAVE 15 MINUTES A DAY OFF YOUR ROUND TRIP COMMUTE

SOUTHEASTVALLEY

UNIVERSITY DRIVE

APACHE BOULEVARD

RIO SALADO PARKWAY

CURRY ROAD

SCO

TTSD

ALE

RO

AD

RU

RA

L R

OA

D

MIL

L A

VEN

UE

LIGHTRAIL STOP

Transportation Linkages

TRANSPORTATION TRANSPORTATION LINKAGESMinute Bus Ride to Closest Light RailStation

.5 Feet Frontage Along Scottsdale Rd530

Feet of Tempe Town Lake Frontage1,250

Feet of Loop 202 Frontage550

Miles to Light Rail Service at University Dr & Rural Rd

Most Walkable City in Arizona5

Page 9: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Light Rail

Ligh

tRai

lTempe

Marketplace

MesaRiverview

Chicago Cubs SpringTraining Facility

Mesa CountryClub

MesaCommunity

CollegeFiesta

Mall

HohokamPark

Discovery BusinessCampus

ASU ResearchPark

South MountainCommunity

College

Arizona BiltmoreGolf Course

Biltmore FashionParkCamelback

Auto Mall

Arizona CountryClub

Army NationalGuard

ScottsdaleFashionSquare

PhoenicianGolf Course

Scottsdale CommunityCollege

The Pavilions atTalking Stick

ASU

PhoenixSky HarborIntl Airport

Desert BotanicalGarden

PhoenixZoo

Papago MunicipalGolf Course

PapagoPark

Asu KarstenGolf Course

ArizonaMills

Tempe Autoplex

Tempe SportsComplex

Dobson RanchGolf Course

Mesa Spectrum

Tempe BeachPark

Echo CanyonPark

Paradise ValleyCountry Club

5 MINUTES

10 MINUTES

15 MINUTES

ChaseField

DowntownPhoenix

Imagery ©2015 , Cnes/Spot Image, DigitalGlobe, Landsat, U.S. Geological Survey, USDA Farm Service Agency, Map data ©2015 Google

Within 5 minutes...

DrivableMajor Amenities

Within 10 minutes...

Within 15 minutes...

Arizona State UniversityASU Karsten Golf CourseMesa RiverviewMill Avenue DistrictMoeur ParkPapago ParkRolling Hills Golf CourseTempe Beach Park

Army National GuardASU Sky SongCubs Spring Training FacilityDesert Botanical GardensGateway Community CollegePhoenix Sky Harbor Int'l AirportPhoenix ZooSR 51 AccessTempe Marketplace

Arizona BiltmoreArizona MillsArizona Science CenterASU Research ParkBenedict Sports ComplexChase FieldDowntown PhoenixEcho Canyon ParkFiesta MallInterstate 17 AccessMesa Community CollegeOld Town ScottsdaleScottsdale Community CollegeScottsdale Fashion SquareScottsdale StadiumSouth Mountain Community CollegeTalking StickThe Pavillions at Talking Stick

Page 10: Restaurant/Retail Space€¦ · aura watermark 370 units salt apartments 265 units 2.1 million sf office the district arizona state university university drive rio salado parkway

Exclusively Listed by Cushman & Wakefield

Brent MalloneeSenior Director+1 602 224 [email protected]

2555 E. Camelback Rd, Suite 400, Phoenix, Arizona 85016 ph: +1 602 954 9000 | fx: +1 602 468 8588 | cushmanwakefield.com