<turbo-stream action="replace" target="mall-map-wrapper"><template><div data-controller="map" data-lat="33.5795216" data-lng="-112.122529" data-map-catchment-data-value="{&quot;lat&quot;:&quot;33.5795216&quot;,&quot;lng&quot;:&quot;-112.122529&quot;,&quot;primary_radius&quot;:5.0,&quot;secondary_radius&quot;:15.0,&quot;population&quot;:500000}" data-map-demographic-summary-value="{&quot;Mall Demographics&quot;:[{&quot;label&quot;:&quot;Primary Catchment Area&quot;,&quot;value&quot;:&quot;5 miles Radius&quot;,&quot;description&quot;:&quot;Estimated primary trade area radius around the mall site in North Phoenix&quot;},{&quot;label&quot;:&quot;Secondary Catchment Area&quot;,&quot;value&quot;:&quot;20 miles Radius&quot;,&quot;description&quot;:&quot;Estimated secondary trade area covering broader Phoenix metro&quot;},{&quot;label&quot;:&quot;Catchment area population&quot;,&quot;value&quot;:&quot;500,000 People&quot;,&quot;description&quot;:&quot;Estimated population in primary catchment (North Phoenix neighborhoods)&quot;},{&quot;label&quot;:&quot;Population growth rate&quot;,&quot;value&quot;:&quot;1.5&quot;,&quot;description&quot;:&quot;Arizona metro growth rate, applied to local area&quot;},{&quot;label&quot;:&quot;Median age&quot;,&quot;value&quot;:&quot;39 Years&quot;,&quot;description&quot;:&quot;Median age in Metrocenter neighborhood&quot;},{&quot;label&quot;:&quot;Household size&quot;,&quot;value&quot;:&quot;2.6 Persons&quot;,&quot;description&quot;:&quot;Average household size in Phoenix metro&quot;},{&quot;label&quot;:&quot;Education level (tertiary)&quot;,&quot;value&quot;:&quot;32.0&quot;,&quot;description&quot;:&quot;Percentage of adults with bachelor&#39;s degree or higher in Phoenix&quot;}],&quot;Economic Indicators&quot;:[{&quot;label&quot;:&quot;Median household income&quot;,&quot;value&quot;:&quot;$85,058 USD&quot;,&quot;description&quot;:&quot;Median household income in Metrocenter neighborhood (2023 data)&quot;},{&quot;label&quot;:&quot;Unemployment rate&quot;,&quot;value&quot;:&quot;4.0&quot;,&quot;description&quot;:&quot;Phoenix MSA unemployment rate as of August 2025&quot;},{&quot;label&quot;:&quot;Cost of living index&quot;,&quot;value&quot;:&quot;105 Index&quot;,&quot;description&quot;:&quot;Phoenix cost of living index relative to US average of 100&quot;}],&quot;Consumer Spending&quot;:[{&quot;label&quot;:&quot;Retail spending per capita&quot;,&quot;value&quot;:&quot;$12,000 USD&quot;,&quot;description&quot;:&quot;Estimated annual retail spending per person in Phoenix metro&quot;},{&quot;label&quot;:&quot;Spending on apparel&quot;,&quot;value&quot;:&quot;$1,800 USD&quot;,&quot;description&quot;:&quot;Annual per capita spending on apparel in US, adjusted for local&quot;},{&quot;label&quot;:&quot;Spending on groceries&quot;,&quot;value&quot;:&quot;$5,200 USD&quot;,&quot;description&quot;:&quot;Annual per capita grocery spending in Phoenix households&quot;},{&quot;label&quot;:&quot;Spending on electronics&quot;,&quot;value&quot;:&quot;$1,200 USD&quot;,&quot;description&quot;:&quot;Annual per capita electronics spending, based on national trends&quot;}],&quot;Mall Traffic \u0026 Performance&quot;:[{&quot;label&quot;:&quot;Annual foot traffic&quot;,&quot;value&quot;:&quot;10,000,000 Visitors&quot;,&quot;description&quot;:&quot;Historical pre-closure annual visitors (estimation for 2010s)&quot;},{&quot;label&quot;:&quot;Dwell time&quot;,&quot;value&quot;:&quot;90 Minutes&quot;,&quot;description&quot;:&quot;Average dwell time for shoppers in similar Phoenix malls&quot;},{&quot;label&quot;:&quot;Conversion rate&quot;,&quot;value&quot;:&quot;25.0&quot;,&quot;description&quot;:&quot;Estimated sales conversion rate from foot traffic&quot;},{&quot;label&quot;:&quot;Sales per square meter&quot;,&quot;value&quot;:&quot;$800 USD&quot;,&quot;description&quot;:&quot;Historical sales per sqm in Phoenix malls pre-closure&quot;}],&quot;Competition \u0026 Tenant Mix&quot;:[{&quot;label&quot;:&quot;Number of retail stores&quot;,&quot;value&quot;:&quot;140 Stores&quot;,&quot;description&quot;:&quot;Pre-closure number of stores at Metrocenter&quot;},{&quot;label&quot;:&quot;Anchor tenant presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Historically had anchors like Macy&#39;s and JCPenney&quot;},{&quot;label&quot;:&quot;Competitor density (same category)&quot;,&quot;value&quot;:&quot;3 Malls&quot;,&quot;description&quot;:&quot;Nearby competing malls like Paradise Valley Mall&quot;},{&quot;label&quot;:&quot;Tenant diversity&quot;,&quot;value&quot;:&quot;Medium Level&quot;,&quot;description&quot;:&quot;Mix of apparel, food, and general retail pre-closure&quot;},{&quot;label&quot;:&quot;Unique Concepts&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;Limited unique tenants; redevelopment may introduce new&quot;}],&quot;Real Estate \u0026 Leasing&quot;:[{&quot;label&quot;:&quot;Gross Leasable Area&quot;,&quot;value&quot;:&quot;130,000 sqm&quot;,&quot;description&quot;:&quot;Original GLA of Metrocenter Mall&quot;},{&quot;label&quot;:&quot;Number of Levels&quot;,&quot;value&quot;:&quot;2 Levels&quot;,&quot;description&quot;:&quot;Two-story mall structure&quot;},{&quot;label&quot;:&quot;Average rent per square meter&quot;,&quot;value&quot;:&quot;$430 USD&quot;,&quot;description&quot;:&quot;Estimated average rent per sqm based on Phoenix retail rates&quot;},{&quot;label&quot;:&quot;Vacancy rate&quot;,&quot;value&quot;:&quot;100.0&quot;,&quot;description&quot;:&quot;Current vacancy due to closure and demolition (2025)&quot;},{&quot;label&quot;:&quot;Lease term flexibility&quot;,&quot;value&quot;:&quot;Standard Terms&quot;,&quot;description&quot;:&quot;Typical 5-10 year leases in Phoenix retail&quot;},{&quot;label&quot;:&quot;Available retail space&quot;,&quot;value&quot;:&quot;18,581&quot;,&quot;description&quot;:&quot;Planned retail space in redevelopment project&quot;}],&quot;Accessibility \u0026 Infrastructure&quot;:[{&quot;label&quot;:&quot;Proximity to main roads&quot;,&quot;value&quot;:&quot;Adjacent Status&quot;,&quot;description&quot;:&quot;Direct access to I-17 freeway&quot;},{&quot;label&quot;:&quot;Public transport access&quot;,&quot;value&quot;:&quot;Moderate Level&quot;,&quot;description&quot;:&quot;Near Metro light rail extension (Northwest Phase II)&quot;},{&quot;label&quot;:&quot;Parking spaces&quot;,&quot;value&quot;:&quot;5,000 Spaces&quot;,&quot;description&quot;:&quot;Historical parking capacity at Metrocenter&quot;},{&quot;label&quot;:&quot;Pedestrian traffic&quot;,&quot;value&quot;:&quot;High Level&quot;,&quot;description&quot;:&quot;Urban location with planned pedestrian-friendly redevelopment&quot;}],&quot;Digital \u0026 E-commerce Trends&quot;:[{&quot;label&quot;:&quot;E-commerce competition&quot;,&quot;value&quot;:&quot;18.0&quot;,&quot;description&quot;:&quot;Share of retail sales via e-commerce in US (2025 estimate)&quot;},{&quot;label&quot;:&quot;Click-and-collect adoption&quot;,&quot;value&quot;:&quot;40.0&quot;,&quot;description&quot;:&quot;Adoption rate in Phoenix retail for click-and-collect&quot;},{&quot;label&quot;:&quot;Internet penetration&quot;,&quot;value&quot;:&quot;92.0&quot;,&quot;description&quot;:&quot;Household internet access in Phoenix metro&quot;}],&quot;Safety \u0026 Security&quot;:[{&quot;label&quot;:&quot;Retail crime rate&quot;,&quot;value&quot;:&quot;2.5&quot;,&quot;description&quot;:&quot;Estimated retail theft rate in Arizona malls&quot;},{&quot;label&quot;:&quot;Security measures&quot;,&quot;value&quot;:&quot;Advanced Level&quot;,&quot;description&quot;:&quot;CCTV, patrols; enhanced in redevelopment plans&quot;}],&quot;Marketing \u0026 Events&quot;:[{&quot;label&quot;:&quot;Promotional events&quot;,&quot;value&quot;:&quot;Planned Status&quot;,&quot;description&quot;:&quot;Events anticipated in new mixed-use development&quot;},{&quot;label&quot;:&quot;Loyalty program penetration&quot;,&quot;value&quot;:&quot;nan&quot;,&quot;description&quot;:&quot;No current mall; potential for new retail&quot;},{&quot;label&quot;:&quot;Digital signage presence&quot;,&quot;value&quot;:&quot;Yes Boolean&quot;,&quot;description&quot;:&quot;Expected in redevelopment with modern retail&quot;}],&quot;Growth Potential&quot;:[{&quot;label&quot;:&quot;Projected foot traffic growth&quot;,&quot;value&quot;:&quot;20.0&quot;,&quot;description&quot;:&quot;Projected increase post-redevelopment (2026+)&quot;},{&quot;label&quot;:&quot;New tenant pipeline&quot;,&quot;value&quot;:&quot;Active Status&quot;,&quot;description&quot;:&quot;Developers securing tenants for The Metropolitan&quot;},{&quot;label&quot;:&quot;Mall expansion plans&quot;,&quot;value&quot;:&quot;Redevelopment Plans&quot;,&quot;description&quot;:&quot;Transformation to mixed-use with 1,000 housing units and retail&quot;}]}" data-map-mapbox-token-value="pk.eyJ1Ijoib2NjdXBpIiwiYSI6ImNtZXFkdHZwczBtNjIya215OWVpaGtucXoifQ.xiNo8HmyyKim2YrJ3LdqdQ" data-map-nearby-malls-value="{&quot;primary&quot;:[],&quot;secondary&quot;:[{&quot;id&quot;:9286,&quot;slug&quot;:&quot;mc-dowell-north-crossing&quot;,&quot;name&quot;:&quot;Mc Dowell North Crossing&quot;,&quot;lat&quot;:&quot;33.5123&quot;,&quot;lng&quot;:&quot;-112.069&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;Mc Dowell North Crossing is a neighborhood shopping center situated at the northeast corner of East McDowell Road and North Central Avenue in Phoenix, Arizona. Spanning 75,000 square feet of gross leasable area, the property was constructed in 1975 and underwent renovations in 2015. As of 2026, it maintains an occupancy rate of 88%, with average base rents at $22 per square foot on a triple net lease basis. The tenant mix comprises essential retailers including a 40,000 SF grocery anchor (similar to Fry\&quot;s Marketplace), a pharmacy, quick-service dining options such as Subway and Starbucks, and service-oriented businesses like a fitness center and auto repair shop. The center attracts approximately 4,500 daily visitors, benefiting from its location on a high-traffic corridor with over 50,000 vehicles per day. The 3-mile trade area encompasses a population of 140,000, with a median household income of $58,000 and a demographic profile that is 42% Hispanic, 35% White, and 15% African American, featuring a median age of 36 years. Accessibility is facilitated by proximity to Interstate 10 (1 mile) and public transit routes, with 400 parking spaces available. In the context of Phoenix\&quot;s retail market, the center holds a stable position in a densely populated urban neighborhood, offering reliable foot traffic for convenience-oriented tenants. Leasing advantages include short-term flexibility and low turnover among anchors, supported by a co-tenancy clause ensuring stability. However, challenges arise from intense local competition, including nearby power centers like Uptown Plaza, and potential infrastructure aging, with some HVAC systems nearing replacement. Market reports indicate moderate sales performance at $450 per square foot annually, influenced by economic factors in central Phoenix where retail saturation in food and services is evident. Overall, it suits retailers targeting value-conscious consumers but requires careful evaluation of traffic patterns and demographic shifts.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Phoenix&quot;},&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney&quot;,&quot;distance&quot;:8.97,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;45&quot;,&quot;gla_sqm&quot;:&quot;40000&quot;,&quot;anchor_tenants&quot;:&quot;Macy&#39;s, JCPenney&quot;}},{&quot;id&quot;:9196,&quot;slug&quot;:&quot;metrocenter-mall&quot;,&quot;name&quot;:&quot;Metrocenter Mall&quot;,&quot;lat&quot;:&quot;33.6825&quot;,&quot;lng&quot;:&quot;-112.1055&quot;,&quot;property_type&quot;:&quot;Regional&quot;,&quot;description&quot;:&quot;The former Metrocenter Mall in Phoenix, Arizona, opened in 1973 as the states largest enclosed shopping center with over 1.3 million square feet of retail space and anchors including Sears, JCPenney, and Macy&#39;s. It served north Phoenix for decades but faced declining footfall due to e-commerce shifts and anchor store closures, leading to its permanent closure in June 2020. The 64-acre site, located at 9617 North Metro Parkway West, is now the focus of an $850 million redevelopment project called The Metropolitan, transforming it into a mixed-use urban village. Demolition concluded in September 2025, with construction commencing in early 2026 across phased developments. Plans include up to 3,000 multifamily residential units, 115,000 square feet of retail and restaurant space, office components, and green public areas, all integrated with Valley Metro light rail for enhanced accessibility. The surrounding area features a 5-mile radius population of approximately 220,000, with a median household income of $65,000, diverse demographics including 40% Hispanic residents, and a mix of families and young professionals. This positions The Metropolitan as a neighborhood hub in a growing metro with 1.5% annual population increase. Retail leasing opportunities emphasize ground-floor spaces for experiential tenants, potentially at Phoenix average rents of $20-25 per square foot on a triple net basis. Advantages include revitalization potential and proximity to I-17 highway, though the transition from mall to open-air format requires adaptive strategies amid ongoing market saturation in big-box retail.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Phoenix&quot;},&quot;anchor_tenants&quot;:&quot;Sears,JCPenney,Dillard&#39;s,Macy&#39;s,The Broadway&quot;,&quot;distance&quot;:11.56,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;120&quot;,&quot;gla_sqm&quot;:&quot;130064&quot;,&quot;anchor_tenants&quot;:&quot;Sears,JCPenney,Dillard&#39;s,Macy&#39;s,The Broadway&quot;}},{&quot;id&quot;:9287,&quot;slug&quot;:&quot;mc-dowell-south&quot;,&quot;name&quot;:&quot;Mc Dowell South&quot;,&quot;lat&quot;:&quot;33.46671&quot;,&quot;lng&quot;:&quot;-112.17015&quot;,&quot;property_type&quot;:&quot;Neighborhood&quot;,&quot;description&quot;:&quot;McDowell Marketplace is a 56,649 square foot grocery-anchored neighborhood shopping center located at 530 E McDowell Road in Phoenix, Arizona 85004. Fully leased with Safeway as the 42,693 SF anchor, the center features a mix of convenience and service-oriented tenants including Western Dental, H\u0026R Block, Element Nail Bar, Subway, The UPS Store, AT\u0026T, and Einstein Bros. Bagels. Positioned near downtown Phoenix and directly accessible via I-10 freeway, it experiences high traffic with 30,235 vehicles per day on McDowell Road and 37,781 on 7th Street. The property serves a vibrant urban market with a 1-mile radius population of 395,100, growing at 3.8% over five years, average household income of $101,900, and daytime population of 734,990. Within 3 miles, population is 148,730 with 7.4% growth, $93,500 median income, and 338,600 daytime workers. Annual visits total 1.3 million, with 9 monthly visits per customer. In Phoenix&#39;s retail landscape, marked by 4.9% vacancy and $25 per square foot average rents per Avison Young Q2 2024, the center offers stable leasing opportunities through its essential tenant mix and proximity to employment hubs, though urban density may pose parking and competition challenges from nearby developments.&quot;,&quot;city&quot;:{&quot;name&quot;:&quot;Phoenix&quot;},&quot;anchor_tenants&quot;:&quot;Food City, Dollar Tree&quot;,&quot;distance&quot;:13.3,&quot;cover_photo&quot;:null,&quot;key_stats&quot;:{&quot;retail_stores_count&quot;:&quot;85&quot;,&quot;gla_sqm&quot;:&quot;2500&quot;,&quot;anchor_tenants&quot;:&quot;Food City, Dollar Tree&quot;}}],&quot;outside&quot;:[]}" data-map-update-url-value="/malls/metrocenter" id="mall-map-wrapper"><div data-city="Phoenix" data-current-mall="true" data-id="metrocenter" data-lat="33.5795216" data-lng="-112.122529" data-map-target="mall" data-name="Metrocenter" style="display: none;"></div><div data-map-target="map" id="map"></div><div class="demographic-panel collapsed" data-map-target="demographicPanel"><div class="panel-header"><h4><i aria-hidden="true" class="ri-bar-chart-line"></i> Market Demographics</h4><button class="toggle-btn" onclick="this.parentElement.parentElement.classList.toggle(&quot;collapsed&quot;)"><i aria-hidden="true" class="ri-arrow-down-s-line"></i></button></div><div class="panel-content"><div class="stats-category"><h5>Mall Demographics</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">5 miles Radius</div><div class="stat-label">Primary Catchment Area</div></div><div class="stat-card"><div class="stat-value">20 miles Radius</div><div class="stat-label">Secondary Catchment Area</div></div><div class="stat-card"><div class="stat-value">500,000 People</div><div class="stat-label">Catchment area population</div></div><div class="stat-card"><div class="stat-value">1.5</div><div class="stat-label">Population growth rate</div></div></div></div><div class="stats-category"><h5>Economic Indicators</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">$85,058 USD</div><div class="stat-label">Median household income</div></div><div class="stat-card"><div class="stat-value">4.0</div><div class="stat-label">Unemployment rate</div></div><div class="stat-card"><div class="stat-value">105 Index</div><div class="stat-label">Cost of living index</div></div></div></div><div class="stats-category"><h5>Consumer Spending</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">$12,000 USD</div><div class="stat-label">Retail spending per capita</div></div><div class="stat-card"><div class="stat-value">$1,800 USD</div><div class="stat-label">Spending on apparel</div></div><div class="stat-card"><div class="stat-value">$5,200 USD</div><div class="stat-label">Spending on groceries</div></div><div class="stat-card"><div class="stat-value">$1,200 USD</div><div class="stat-label">Spending on electronics</div></div></div></div><div class="stats-category"><h5>Mall Traffic &amp; Performance</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">10,000,000 Visitors</div><div class="stat-label">Annual foot traffic</div></div><div class="stat-card"><div class="stat-value">90 Minutes</div><div class="stat-label">Dwell time</div></div><div class="stat-card"><div class="stat-value">25.0</div><div class="stat-label">Conversion rate</div></div><div class="stat-card"><div class="stat-value">$800 USD</div><div class="stat-label">Sales per square meter</div></div></div></div><div class="stats-category"><h5>Competition &amp; Tenant Mix</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">140 Stores</div><div class="stat-label">Number of retail stores</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Anchor tenant presence</div></div><div class="stat-card"><div class="stat-value">3 Malls</div><div class="stat-label">Competitor density (same category)</div></div><div class="stat-card"><div class="stat-value">Medium Level</div><div class="stat-label">Tenant diversity</div></div></div></div><div class="stats-category"><h5>Real Estate &amp; Leasing</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">130,000 sqm</div><div class="stat-label">Gross Leasable Area</div></div><div class="stat-card"><div class="stat-value">2 Levels</div><div class="stat-label">Number of Levels</div></div><div class="stat-card"><div class="stat-value">$430 USD</div><div class="stat-label">Average rent per square meter</div></div><div class="stat-card"><div class="stat-value">100.0</div><div class="stat-label">Vacancy rate</div></div></div></div><div class="stats-category"><h5>Accessibility &amp; Infrastructure</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Adjacent Status</div><div class="stat-label">Proximity to main roads</div></div><div class="stat-card"><div class="stat-value">Moderate Level</div><div class="stat-label">Public transport access</div></div><div class="stat-card"><div class="stat-value">5,000 Spaces</div><div class="stat-label">Parking spaces</div></div><div class="stat-card"><div class="stat-value">High Level</div><div class="stat-label">Pedestrian traffic</div></div></div></div><div class="stats-category"><h5>Digital &amp; E-commerce Trends</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">18.0</div><div class="stat-label">E-commerce competition</div></div><div class="stat-card"><div class="stat-value">40.0</div><div class="stat-label">Click-and-collect adoption</div></div><div class="stat-card"><div class="stat-value">92.0</div><div class="stat-label">Internet penetration</div></div></div></div><div class="stats-category"><h5>Safety &amp; Security</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">2.5</div><div class="stat-label">Retail crime rate</div></div><div class="stat-card"><div class="stat-value">Advanced Level</div><div class="stat-label">Security measures</div></div></div></div><div class="stats-category"><h5>Marketing &amp; Events</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">Planned Status</div><div class="stat-label">Promotional events</div></div><div class="stat-card"><div class="stat-value">nan</div><div class="stat-label">Loyalty program penetration</div></div><div class="stat-card"><div class="stat-value">Yes Boolean</div><div class="stat-label">Digital signage presence</div></div></div></div><div class="stats-category"><h5>Growth Potential</h5><div class="stats-grid"><div class="stat-card"><div class="stat-value">20.0</div><div class="stat-label">Projected foot traffic growth</div></div><div class="stat-card"><div class="stat-value">Active Status</div><div class="stat-label">New tenant pipeline</div></div><div class="stat-card"><div class="stat-value">Redevelopment Plans</div><div class="stat-label">Mall expansion plans</div></div></div></div></div></div></div></template></turbo-stream>