About Yuma
Rio Vista Commerce Center is a ±50 acre mixed use commercial center located next to Las Palmillas Shopping Center and directly adjacent to Yuma Palms, a ±1,150,000 ±square foot Regional Shopping Center, in Yuma, Arizona. Rio Vista is conveniently located between two major I-8 interchanges with high interstate and arterial visibility.
Yuma holds the Guinness World Record as the sunniest city on earth, with sunshine 91 percent of daylight hours... that is 4,055 hours per year of 4,456 possible! Originally incorporated as "Arizona City", in 1871, Yuma was renamed in 1873, and is now the largest city in Arizona outside the metro areas of Phoenix and Tucson. Yuma is the principal city in and the county seat of Yuma County Metropolitan Statistical Area. A county of over 200,000 residents, Yuma occupies 5,522 square miles on the far west side of Arizona, close to the US-Mexico border.
With more than 65,000 Mexican residents coming to Arizona to work, recreate, vacation and shop, Yuma's proximity to the border is vital to its economy. In fact, in 2013, over 5.25 million people crossed through the San Luis border. According to a 2012 Yuma Sun article, Mexican visitors spent $271 million dollars in Yuma County with very little direct marketing to that region. As marketing efforts increase, the potential for revenue growth is limitless!
Market Overview
Yuma has a warm climate and the natural beauty of desert and river combined. Cultural facilities, community events and outdoor activities - along with extensive retail and hospitality venues - render Yuma a popular spot for tourists. Roughly 70,000 winter residents supplement the city's population in the winter months, and an additional 300,000 visit the city.
Since 2004, over two million square feet of new retail space has been erected in Yuma. The hospitality sector in Yuma has also flourished with 13 new hotels constructed or being built since 2006. Yuma has become a destination spot for tourist and travelers alike, which is reflected in the county's vacancy rates, which are the lowest in the state.
The agriculture industry in Yuma County represents an annual gross economic return of $3.2 billion, or more than one-third of Arizona's annual total of $9.2 billion. Yuma County is first in the state and third in the nation for vegetable production. In fact, about 90 percent of all the leafy vegetables grown in the U.S. from November through March are grown in and around the Yuma area. To put this in perspective, the Yuma area is home to nine salad plants that produce bagged lettuce and salad mixes and, during peak production months, each of those plants processes more than two million pounds of lettuce per day.
Yuma County is home to two premier military installations, MCAS Yuma and U.S. Army Yuma Proving Ground. The military is the second largest contributor to the local economy after agriculture. MCAS Yuma is the busiest air station in the Marine Corps, and supports 80 percent of the Corps' air-to-ground aviation training because of its access to 2.8 million acres of training ranges and superb flying weather. Each year, approximately 100 aviation units deploy here for training, bringing about 14,000 personnel and 600 aircraft to Yuma for periods lasting from a few days to seven weeks. Yuma County's largest single civilian employer is the Yuma Proving Ground. At 1,300 square miles, YPG today is one of the world's largest military installations, hosting up to 100 tests simultaneously. Every year, tens of thousands of artillery, mortar and missile rounds are fired, 36,000 parachute drops take place, over 130,000 test miles are driven, and nearly 4000 air sorties are flown.