Menifee

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NewMark Merrill C O M P A N I E S

When you love shopping centers it shows.

LOCATED AT THE SOUTHEAST CORNER OF NEWPORT ROAD & MENIFEE ROAD, MENIFEE, CALIFORNIA

BRA N D NEW STATER BROS. AN CHO R ED S HOPPI NG CENT ER OPE N ING 20 1 5 Project Size Approximately 119,818 Sq. Ft. of Retail Space Demographics

Population*

1 Miles . . . 13,019 3 Miles . . . 51,039

Household Income* Traffic Count* 1 Miles . . .$76,085 3 Miles . . .$73,609

Intersection . . . 26,800 ADT

For additional information, please contact:

John Hickman [email protected] (Lic #00950529)

For Lease Prime Retail Pad Space Available • Brand new Stater Bros. and CVS anchored shopping center opening 4th Quarter 2015. • Located at just east of Interstate 215 in the heart of the new master planned community of Menifee Lakes at southeast corner of Newport Road and Menifee Road.

• Menifee boasts a city population of nearly 84,000 with over 30% over the population living within 2 miles of the shopping center. • There are over 1,800 residential units under construction and another 4,260 planned.

* Estimates are based on 2013 demographics for population and average income per household. Traffic count is based upon Owner’s research and calculations. The information herein is not guaranteed and should be independently verified.

or Jae Chung [email protected] (Lic #01504403)

Tel: (760) 630-8247 Fax: (760) 630-4693 427 College Blvd Suite K Oceanside, CA 92057 www.newmarkmerrill.com

S H O P P E S

A T

T H E

L A K E S

FOR LEASE PRIME RETAIL SPACE AVAILABLE

LOCATED AT THE SOUTHEAST CORNER OF NEWPORT ROAD & MENIFEE ROAD, MENIFEE, CALIFORNIA

1 7 1

14

6

2 9 3 4

8

5

3 11

4 # 1 2 3 4 5 6 7 8 9

ACTIVE Project Name ReflecƟons at Heritage Lake Parkside I & II at Heritage Lake Brighton at Heritage Lake Topaz at El Dorado Summerhouse at the Lakes Waterford at Heritage Lake TradiƟons I & II at Heritage Lake Terra Bella Southport at Heritage Lake Total

# 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

PROPOSED Project Name Units Encanto Apartment Homes 33446 180 Bluestone CommuniƟes 31892 379 Pradera Heights 34677 422 Diamond Brothers Five Partnership 32102 272 Century American Development 32186 101 Winchester Hills 30266 382 Rancon Winchester Valley 31229 239 Trans-pacific Consultants 33450 57 Marigold (Cxl) 47 Christensen Ranch (Cxl) 115 Winchester Meadows LLC 36417 243 Diamond Brothers Five Partnership 32100 165 Diamond Brothers Five Partnership 32101 197 Standard Pacific 34406 820 Cantalena 33732 296 The Lakes (Cxl) 273 Winchester Hills 36288 72 Total 4,260

12

Units 129 180 95 69 715 184 285 62 98 1,817

5

13

17 2

6

16

7 10

POPULATION 33,700 (2013 est) 8 15 9

PROPOSED

For additional information, please contact:

DEAL PENDING

1,650 SF 1,650 SF

1,700 SQ. FT. DRIVE THRU

John Hickman [email protected] (Lic #00950529)

or Jae Chung [email protected] (Lic #01504403) SHOPS 1

60’

60’

Shops 2 140’

PHASE II

Tel: (760) 630-8247 Fax: (760) 630-4693 427 College Blvd Suite K Oceanside, CA 92057

The information contained herein is not guaranteed and should be independently verified.While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it.

www.newmarkmerrill.com

Located at the Southeast corner of Newport Road & Menifee Road Menifee, California

PROPOSED

DEAL PENDING

1,650 SF 1,650 SF

1,700 SQ. FT. DRIVE THRU

SHOPS 1

60’

Shops 2

60’

140’

PHASE II

For additional information, please contact: John Hickman or Jae Chung (DRE #00950529)

Landlord makes no representation that any of the above tenants or building configurations will exist now or in the future. Tenants depicted may be proposed and may not actually occupy the proposed buildings. The dimensions and square footages shown are estimates only and not guaranteed

(DRE #01504403)

NewMark Merrill Companies Tel: 760.630.8247 Fax: 760.630.4693

Executive Summary Menifee, CA Rings: 1, 2, 3 mile radii

Prepared by Ross Carpenter Latitude: 33.684974 Longitude: -117.153813 1 mile

2 miles

3 miles

Population 2000 Population 2010 Population 2013 Population 2018 Population 2000-2010 Annual Rate 2010-2013 Annual Rate 2013-2018 Annual Rate 2013 Male Population 2013 Female Population 2013 Median Age

6,109 12,259 13,019 14,735 7.21% 1.87% 2.51% 48.1% 51.9% 34.9

10,785 25,436 28,091 31,978 8.96% 3.10% 2.63% 48.6% 51.4% 34.4

22,742 46,271 51,039 57,989 7.36% 3.06% 2.59% 48.1% 51.9% 35.9

In the identified area, the current year population is 51,039. In 2010, the Census count in the area was 46,271. The rate of change since 2010 was 3.06% annually. The five-year projection for the population in the area is 57,989 representing a change of 2.59% annually from 2013 to 2018. Currently, the population is 48.1% male and 51.9% female. Median Age The median age in this area is 35.9, compared to U.S. median age of 37.3. Race and Ethnicity 2013 White Alone

70.7%

69.0%

69.0%

2013 Black Alone

6.1%

6.0%

5.8%

2013 American Indian/Alaska Native Alone

0.6%

0.7%

0.8%

2013 Asian Alone

7.5%

7.2%

6.5%

2013 Pacific Islander Alone

0.4%

0.4%

0.4%

2013 Other Race

9.2%

10.7%

11.7%

2013 Two or More Races 2013 Hispanic Origin (Any Race)

5.5%

5.9%

5.8%

29.1%

31.6%

32.8%

Persons of Hispanic origin represent 32.8% of the population in the identified area compared to 17.4% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 72.9 in the identified area, compared to 62.1 for the U.S. as a whole. Households 2000 Households

2,078

3,820

8,848

2010 Households

4,220

8,387

15,873

2013 Total Households

4,395

9,090

17,124

2018 Total Households

4,886

10,204

19,134

2000-2010 Annual Rate

7.34%

8.18%

6.02%

2010-2013 Annual Rate

1.26%

2.51%

2.36%

2013-2018 Annual Rate

2.14%

2.34%

2.24%

2.96

3.09

2.98

2013 Average Household Size

The household count in this area has changed from 15,873 in 2010 to 17,124 in the current year, a change of 2.36% annually. The five-year projection of households is 19,134, a change of 2.24% annually from the current year total. Average household size is currently 2.98, compared to 2.91 in the year 2010. The number of families in the current year is 12,629 in the specified area.

Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.

September 08, 2014 ©2014 Esri

Page 1 of 2

Executive Summary Menifee, CA Rings: 1, 2, 3 mile radii

Prepared by Ross Carpenter Latitude: 33.684974 Longitude: -117.153813 1 mile

2 miles

3 miles

Median Household Income 2013 Median Household Income 2018 Median Household Income 2013-2018 Annual Rate Average Household Income

$64,022 $77,944 4.01%

$68,176 $79,228 3.05%

$59,038 $72,624 4.23%

2013 Average Household Income 2018 Average Household Income 2013-2018 Annual Rate Per Capita Income

$76,085 $86,151 2.52%

$79,366 $89,128 2.35%

$73,609 $82,734 2.36%

$25,913 $28,820 2.15%

$25,413 $28,109 2.04%

$24,675 $27,273 2.02%

2013 Per Capita Income 2018 Per Capita Income 2013-2018 Annual Rate Households by Income

Current median household income is $59,038 in the area, compared to $51,314 for all U.S. households. Median household income is projected to be $72,624 in five years, compared to $59,580 for all U.S. households Current average household income is $73,609 in this area, compared to $71,842 for all U.S households. Average household income is projected to be $82,734 in five years, compared to $83,667 for all U.S. households Current per capita income is $24,675 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected to be $27,273 in five years, compared to $32,073 for all U.S. households Housing 2000 Total Housing Units 2000 Owner Occupied Housing Units 2000 Owner Occupied Housing Units 2000 Vacant Housing Units 2010 Total Housing Units 2010 Owner Occupied Housing Units 2010 Renter Occupied Housing Units 2010 Vacant Housing Units 2013 Total Housing Units 2013 Owner Occupied Housing Units 2013 Renter Occupied Housing Units 2013 Vacant Housing Units 2018 Total Housing Units 2018 Owner Occupied Housing Units 2018 Renter Occupied Housing Units 2018 Vacant Housing Units

2,194 1,768 311 115 4,591 3,181 1,039 371 4,766 3,259 1,136 371 5,052 3,665 1,221 166

4,161 3,183 637 341 9,287 6,572 1,815 900 9,844 6,974 2,116 754 10,666 7,914 2,290 462

9,497 7,039 1,809 649 17,504 12,096 3,777 1,631 18,681 12,772 4,352 1,557 20,379 14,470 4,664 1,245

Currently, 68.4% of the 18,681 housing units in the area are owner occupied; 23.3%, renter occupied; and 8.3% are vacant. Currently, in the U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, there were 17,504 housing units in the area - 69.1% owner occupied, 21.6% renter occupied, and 9.3% vacant. The annual rate of change in housing units since 2010 is 2.93%. Median home value in the area is $211,205, compared to a median home value of $177,257 for the U.S. In five years, median value is projected to change by 0.47% annually to $216,249.

Data Note: Income is expressed in current dollars Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.

September 08, 2014 ©2014 Esri

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