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Downtown Prescott Retail Opportunity Excellent Downtown Location ±5,941 SF Available Up to 10,267 SF ±80’ Storefront On Site Parking 1 Block from 4-Story City Parking Garage Good Visibility and Signage Open Floor Plan 405 W. Goodwin Street Prescott, Arizona Located in Downtown Prescott’s walkable core, just 2 blocks west of the Courthouse Square

Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

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Page 1: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

Downtown PrescottRetail Opportunity

Excellent Downtown Location

±5,941 SF AvailableUp to 10,267 SF±80’ StorefrontOn Site Parking

1 Block from 4-Story City Parking Garage

Good Visibility and Signage

Open Floor Plan

405 W. Goodwin Street Prescott, Arizona

Located in Downtown Prescott’s walkable core, just 2 blocks west of the Courthouse Square

Page 2: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

0405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 2

Downtown Location In the heart of Prescott’s biggest attraction, historic Courthouse Square and Whiskey Row.

Downtown Prescott___________________________________________Magnet for quality retailers and over 30 restaurants inwalking distance.

Hub for locals and tourists with 1,470 hotel rooms andB&B’s and over 25 heavily attended special events yearround.

Downtown Density provides higher retail sales potentialthan suburban.

Strong Daily Needs Component with the convenienceof a short walk from what’s happening.

Page 3: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

Overview

Mary Jo Kirk, CCIM

[email protected]

212 E. Gurley Street, Prescott, Arizona

Bebe Wright, CCIM

[email protected]

Exclusive Representation

Site Overview______________________________Premises ±5,941 SF to ±10,267 SF

Rate $13.50/SF/YR

NNN ±$2.75

Storefront ±80 Feet

Ceiling Height ±12 to 14 Feet

Parcel 109-02-040

Zoning Business General

Utilities Individually Metered

405 W. Goodwin is situated in a dense downtown setting just 2 blocks westof the central square in the city of Prescott, Arizona. This in-fill location has highbarriers to entry and is adjacent to the historical district which requires anextensive review process for future projects.

Thevacant suit is 5941 SF, which makes up ±58% of the building, is an open floorplan with a double door storefront, handicap accessable, elevated dock and 2restrooms. Formerly a liquor store the cold cases remain and are available ifneeded. Additionally, the entire building can be avaailable for a total of 10,326 SF.

Prescott Highlights______________________________________“ Third in the country (all metro areas) for job growth and economic vitality.”

– INC. Magazine

“Best Place to Live.” – Money Magazine, 2006

“One of the Top Retirement Towns.” – Top Retirements.com

“Top 100 for Best Small Places for Business.” – Forbes

“Top 50 as one of Americas Best Green Places to Live.”– Sperling’s

“ Third best metro in the country for job creation.”– Milken Institute

“ Prescott is the 2nd best place to retire in the U.S.”– Smart Money/Wall St. Journal

“ In Top 10 Dream Cities.”– Sunset Magazine

“Top 10 True Western Towns.” – True West Magazine

“8th Safest Medium City in the US.”– Farmer’s Insurance Group

Page 4: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 4

Dense Downtown Activity The site is central to Prescott’s daily-needs hub with dense retail, banking, schools, colleges and residential.

Phoenix 90 mi. I Flagstaff 90 mi. I Las Vegas 200 mi. I Los Angeles 300 mi. I San Diego 300 mi. I Albuquerque 400 mi.

Page 5: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 5

Event Attendees_______________________________________________

Monthly Downtown Galleries Art Walk_______________________________________________

Whiskey Row Mountain Bike Festival/Race 15,000_______________________________________________

Arizona Craft Brewers Guild Tasting_______________________________________________

Whiskey Row Marathon 7,000_______________________________________________

Saint Patricks Day Celebration and Pub Crawl_______________________________________________

Mustang Car Show and Cruise _______________________________________________

Cinco de Mayo Music and Food Tasting_______________________________________________

26th Annual Arts and Crafts Memorial Day Show 5,000_______________________________________________

Prescott Frontier Days and Oldest Rodeo in the World 40,000_______________________________________________

Frontier Days Parade & Shoot Out on Whiskey Row_______________________________________________

17th Annual Indian Art Market 5,000_______________________________________________

Summer Courthouse Plaza Weekly Music & Events 7,000/wk_______________________________________________

Cowboy Poets Gathering 3,000_______________________________________________

Prescott Corvette Car Show_______________________________________________

Annual Holiday Light Parade_______________________________________________

60th Annual Courthouse Lighting 10,000_______________________________________________

32nd Annual Christmas Parade_______________________________________________

Acker Music Festival 10,000_______________________________________________

New Years Eve Whiskey Row Boot Drop 8,000_______________________________________________

Downtown Prescott Annual Events

Page 6: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 6

The City of Prescott is noted by its quality of life, nicknamed “Everybody’s Hometown”. At an elevation of 5,400 feet with a nearperfect 4-season climate, it is a highly desirable place to live and work. It offers very low crime rates, easy commuting, affordablehousing, excellent air quality and a wide variety of recreational and cultural attractions. Prescott faces few natural disasters making itideal for companies considering relocating or expanding.

Prescott offers residents a full range of educational, outdoor and cultural activities. There are 20 public schools and five charter schoolsoperated by the Prescott Unified School District in Prescott as well as four private schools. Four colleges include Prescott College(4 year) Yavapai College (2 year), Embry-Riddle Aeronautical University (4 year). Northern Arizona University and Old DominionUniversity also offer higher education through their satellite campuses.There are 12 parks for hiking and picnicking, five lakes forfishing and water activities, more than 70 miles of hiking and biking trails, two activity and community centers and four golf courses.Cultural activities include plays and performances at four performing arts theaters, three historical museums, a children’s museum andthe Heritage Park Zoo.

Prescott’s quaint, small town and slower paced lifestyle appeals most to those nearing retirement as 54% of the population is 45 andolder. The City has retained it’s small town charm with historic buildings, storefronts and Victorian style homes. Over 800 buildingsin Prescott are on the National Register of Historic Places.

Prescott Overview

City of Prescott Snapshot2013 Estimated Population 51,688_________________________________2018 Projected Population 52,710_________________________________2010 Census Population 51,295_________________________________2000 Census Population 40,490_________________________________Growth 2010-2013 0.77%_________________________________Growth 2013-2018 3.5%_________________________________2013 Estimated Median Age 54.48_________________________________2013 Estimated Average Age 48.97

Whiskey Row, Downtown Prescott

Page 7: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

The Prescott Metropolitan Service Area houses 82,500 residents within the combined city limits with a population base of approximately130,000. The trade area is approximately 220,000, the majority of those living within a 10 mile radius of downtown Prescott. The city’sgrowth has been steady at about 4% per year for the past decade and is expected to continue at that rate with an estimated five yearmarket growth projected at 16.2% within a 30 mile radius. Prescott has settled into a strong pace of economic recovery, with employment3.5% higher than a year ago. The unemployment rate is at 5.9% well below the national average of 6.3%. In addition, every majorindustry other than information is growing on a year-over-year basis. The trade, transportation and utilities sector is the largest industryin the metro area and has also been one of the strongest. Employment in that industry has reached its prerecession peak and is now5.0 % higher than a year earlier. Professional & business services are also joining the recovery with payrolls climbing a whopping 8.%higher over the year.

The retail service area extends 50 milesfrom the center of Prescott. Many residentsin outlying areas travel to Prescott formedical services, employment, entertain-ment, government offices and shopping.Approximately 500,000 visit overnighteach year. Those visitors include a growingnumber of people from the Phoenix area,who make the 90 minute trip during thesummer to escape the desert heat, as wellas the fall and winter visitors looking totake advantage of the year round mild andsunny climate. Population gains, whichare running more than twice the nationalaverage thanks to positive net migration,should help move home sales and prices.The influx of residents should also boostconsumption of local goods and services.

Non-Farm Gain/Loss by Region. Source: Office of Economic Opportunity in collaboration with the US Dept.of Labor’s Bureau of Labor Statistics; 2016 Current Employment Statistics

Prescott 2016 Job Growth Leads the State

405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 7

Major Employers Yavapai County_________________________________Yavapai County Government 1,414_________________________________Yavapai Regional Medical Center 1,402_________________________________Veterans Admin. Medical Center 889_________________________________Phelps Dodge 871_________________________________WalMart 750________________________________Humboldt Unified School District 631_________________________________Sturm Ruger & Co 579_________________________________Yavapai College 564_________________________________State of Arizona 560_________________________________Prescott Unified School District 495_________________________________City of Prescott 463_________________________________Embry-Riddle University 375_________________________________Yavapai Gaming 294_________________________________Lockheed Martin 300

Market Overview

Page 8: Excellent Downtown Location ±5,941 SF Available Up to ......Prescott 2016 Job Growth Leads the State 405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045

Population 1 Mile 3 Miles 5 Miles _________________________________________________________ 2016 8,579 31,270 45,246_________________________________________________________2021 Estimated 8,770 32,291 46,928_________________________________________________________Growth 2016-2021 2.23% 3.27% 3.72% _________________________________________________________Median Age 48.4 55.3 56.3_________________________________________________________

Household Incomes_________________________________________________________ 2016 Average $34,646 $42,220 $44,020_________________________________________________________ 2021 Estimated $34,133 $46,877 $49,753_________________________________________________________ 2016 Avg Household Size 2.54 2.61 2.54_________________________________________________________ Owner Occupied 31.6% 48.1% 52.3%_________________________________________________________ Renter Occupied 50.6% 33.6% 29.0%_________________________________________________________

Median Home Value_________________________________________________________ 2016 Median $241,782 $322,204 $309,274_________________________________________________________

Occupation_________________________________________________________ Daytime Employment 12,811 24,166 30,767_________________________________________________________ Private Sector 10,366 21,177 27,356_________________________________________________________ Public Administration 2,445 2,989 3,411 _________________________________________________________

2016 1 Mile 3 Mile 5 Mile______________________________________________________Population 8,579 31,270 45,246______________________________________________________Households 4,379 14,828 21,693_______________________________________________________2021 Households Projection 4,506 15,387 22,603______________________________________________________HH Growth 2016-2021 2.9% 3.8% 4.2%______________________________________________________

405 W. Goodwin Street, Prescott, Arizona I Leasing Opportunity Mary Jo Kirk 928.710.4045 I Bebe Wright 928.710.1783 I Arizona Commercial I Page 8

Demographics

The information contained herein has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are forexample only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction thesuitability of the property for your needs.