AUTOMALL

Opportunity at Halo Vista

SWC OF INTERSTATE 17 AND CAREFREE HIGHWAY (SR74)
PHOENIX AZ 85086 | USA

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Disclaimer

This website shall not constitute an offer to sell or the solicitation of an offer. It is presented for informational and illustration purposes only. Offerings are only made through a confidential private placement memorandum. Data compiled by City of Phoenix Economic Development, ESRI, Land Advisors and Maricopa Association of Governments. All information contained herein is based upon information and sources deemed to be reliable, however, De Rito Partners Development, Inc., De Rito Partners, Inc., its Owners, Designated Broker, Officers or Assigns, and Sales Associates will not be held responsible for any inaccuracies; further, it is recommended to all parties to satisfy themselves as to the accuracy of all information provided.

People walking around a new car dealership.

Automall Challenges and Solution

Automall Common Problems

  • Limited visibility, architecture and signage
  • Limited trade area: 10 miles
  • Limited demand for auto sales
  • Limited customer access

De Rito Solution

  • Who We Are: Optimal visibility, beautiful architecture, and our goal of increased sales for dealers.
  • Significant Demand: Halo Vista Science & Technology Park (TSMC & MREG) estimated to bring ±75,000 future employees. The 3,440-acre development is expected to create more than 40,000 construction jobs.
  • Massive Accessibility: Surrounded by three freeways: Interstate 17, Loop 303 and Carefree Highway (SR-74).
  • Trade Area: Phoenix, Peoria, Surprise, Prescott, Prescott Valley, Cottonwood, Sedona, and Flagstaff population.

TSMC Intends to Expand Its Investment in the United States to US $165 Billion to Power the Future of Al

Company plans to increase U.S. investment in advanced semiconductor manufacturing by $100 billion with three new fabs, two advanced packaging facilities and an R&D center added to U.S. plans.

Significant Demand and Accessibility

All the elements to be the most productive automall location in the State of Arizona.

  • 3,440 Acres is projected to become Arizona’s
    largest employment center, creating up to
    ±75,000 jobs and ±8,960 multi-family units.
  • Mack Real Estate Group (MREG)
    ± 2,340 Acres | Includes 125.38-Acre Automall
  • Taiwan Semiconductor
    Manufacturing Company (TSMC)
    ± 1,100 Acres | 3 current plants expanding to 6
  • Biscuit Flats
    ± 12,000 Acres (±18,000 Lots)
    Pulte Homes to build master-plan communities
    across 6,000 Acres south of TSMC and Loop 303.
  • Surrounded by three freeways:
    Interstate 17 (north/south) = 8 lanes
    Loop 303 (east/west) = 4 lanes and
    Carefree Highway (SR-74: east/west) = 2 lanes.
  • 159,576 vehicle visibility
    per day and growing.
  • $165,964 average household
    income within 7-mile radius.

Automall Site Details

  • 125.38-Acre Automall
  • 11 Automall Parcels of Land with
    Fantastic Visibility, Beautiful Architecture
    and our goal of increased sales for dealers.
  • Gas and Diesel Convenience Store
  • Massive Accessibility from Three (3) Freeways:
    access from Carefree Highway (SR-74), Dove Valley Road,
    through 43rd Avenue, 51st Avenue, and Road A.
  • Zoning permits for automall, manufacturing,
    warehousing distribution, office, restaurants, retail,
    and ±8,960 multi-family units.
  • Pylon and Monument Signage
  • Biscuit Flats: 12,000 Acres (±18,000 Lots)
    adjacent and south of the Loop 303 Freeway;
    Pulte Homes planning 6,000-acre development.
  • Significant Demand: 3,440-acre employment hub
    anchored by TSMC and MREG, expected to create
    ±75,000 jobs.
  • Halo Vista Science & Technology Park = Projected
    TSMC $65B (PHASE I) + TSMC $100B (PHASE II) +
    MREG $7B = $172 Billion Development
  • Development Timeline = approximately 30 months
    from opening Escrow, deliver Land Parcels to Dealers,
    and 18 months later, Dealership could open.

Company Overview

Commercial Development

  • Land acquisition for Automall began
    in 2017, 8 years ago.
  • Developed 24 first-class retail projects
    including the Chandler 202 Automall;
    ±5.3 million square feet.
  • Redeveloped, stabilized and sold
    46 retail properties throughout the
    Greater Phoenix area.
  • BTS: 7-Eleven and Starbucks

100+ Years of Combined Experience

  • 70+ Assets Developed or Redeveloped
  • 115+ Entities Represented

Vertical Integration

  • Development
  • Property Acquisition
  • Property Management & Maintenance
  • Leasing

Want more info?

MARTY DE RITO, CEO | 602.619.7318 | derito@derito.com

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