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O F F E R I N G M E M O R A N D U M
15-Year NNN Lease
C A R Y N O R T H C A R O L I N A
CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of w, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.
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Congaree Swamp NM
Chattahoochee River NRA
KennesawMountain NBP
Ninety Six NHS
Cape Lookout NS
Cowpens NB KingsMountainNMP
Great Smoky Mountains NP Cape
Hatteras NS
Obed Wild andScenic River
Blue Ridge Parkway
Cumberland Gap NHP Big South ForkNR and NRA
South River
Black R.
Nottoway R.
Meherrin River
Powell River
Cape Fear R
Great Pee D
ee R.
Brood R.
Savannah R.
Roanoke R.
Tar R.
Holston River
Clinch River
Neuse River
Pamlico River
L. Hickory
L. James
L. Mattamuskeet
Boone L.
L. Burton
Chatuge L.
Fontana L.
Fort Loudoun L.
L. Greenwood
High Rock L.
L. Jocassee
L. Keowee
Roxboro L.
South Holston L.
L. Tillery
Watauga L.
Wateree L.
L. Wylie
Roanoke Rapids L.
Brenau L.
Cherokee L.
Clark Hill L.
L. Cumberland
Douglas L.
Hartwell Res.
John H. Kerr Res.
L. Marion
L. Murray
L. Norman
L. Sidney Lanier
Albemarle Sound
Pamlico Sound
A t l a n t i c O c e a n
Ahoskie
Apex
Beaufort
Butner
Carolina Beach
Clayton
Elkin
Fairmont
Farmville
Franklin
James City
Lincolnton
Louisburg
Madison
Mars Hill
Mount Olive
Murfreesboro
Murphy
Plymouth
Raeford
Rosewood
Scotland Neck
Siler City
Southport
Spindale
Spruce Pine
Stanley
Tabor City
Wake Forest
Wallace
Warsaw
Wrightsville Beach
Zebulon
Brevard
ClemmonsEdenton
Mount Airy
Oxford
Rockingham
Roxboro
Smithfield
Spring Lake
Washington
Whiteville
Arcadia
Batesburg
Calhoun Falls
Kingstree
Landrum
Loris
Lugoff
Manning
Pageland
Springfield
St. Matthews
Surfside Beach
Travelers Rest
Whitmire
Williamston
Winnsboro
Bennettsville
Cheraw
Chester
Darlington
DillonHartsville
Lake City
Lancaster
NewberryCanton
Chatsworth
Cornelia
Dallas
Greensboro
Royston
Washington
Woodstock
Calhoun
Elberton
Winder
Etowah
Gatlinburg
Jamestown
Loudon
Mountain CityOneida
Rogersville
Spurgeon
Sweetwater
Tazewell
Clinton
Jefferson City
La Follette
Newport
Barbourville
HarlanMonticello
Bassett
Big Stone Gap
Chase City
EmporiaGate City
Hillsville
Lebanon
Rocky Mount
South Hill
Franklin
Galax South Boston
Wytheville
Camp Lejeune
Chapel Hill
Gastonia
Goldsboro
Greenville
Kannapolis
Kinston
Rocky Mount
Wilmington
Wilson
Albemarle
Asheboro
Boone
Cary
Concord
Eden
Elizabeth City
Havelock
Henderson
Hickory
JacksonvilleLaurinburg
Lenoir
Lexington
Lumberton
Monroe
Morganton
New Bern
Reidsville
Roanoke Rapids
Salisbury
Sanford
Shelby
Statesville
Thomasville
Anderson
Florence
Rock HillSpartanburg
Aiken
Berea
Cayce
Conway
Dentsville
Easley
Gaffney
Greenwood
Laurens
Myrtle Beach
Orangeburg
Seven Oaks
Sumter
Union
AthensMarietta
Tucker
Belvedere Park
Covington
Dalton
Dunwoody
Forest Park
Gainesville
Martinez
Panthersville
Roswell
Cleveland
Johnson City
Kingsport
Oak Ridge
Athens
Bristol
Cedar Bluff
Elizabethton
GreenevilleHalls
Maryville
Morristown
Middlesborough
Danville
Martinsville
Durham
GreensboroWinston-Salem
Asheville
Fayetteville
High Point
Greenville
Knoxville
Chesapeake
Portsmouth
Charlotte
Norfolk
Virginia Beach
Raleigh
Columbia
Atlanta
Georgia
Kentucky
SouthCarolina
Tennessee
Virginia
NORTHCAROLINA
Investment Summary .........................................1
Investment Highlights.........................................3
Aerial Map .........................................................4
Site Plan ............................................................5
Tenant Summary ................................................7
Location Highlights .............................................9
Location Map ...................................................11
Demographics/Area Map .................................12
Contact Information .........................................14
TABLE OF CONTENTS
O V E R V I E W
Price $3,999,000
Gross Leasable Area (GLA) 18,111 SF
Lot Size (approx.) 3.919 Acres
Net Operating Income $244.379
CAP Rate 6.11%
Year Built 2000
L E A S E A B S T R A C T
Lease Type Absolute NNN
Lease Term 15 Years
Lease Start 9/19/2017*
Renewal Options 2x5
Increases 10% every 5 years
Roof & Structure Tenant
A n n u a l i z e d O p e r a t i n g D a t a
Lease Term Annual Rent
Years 1-5 $244,379
Years 6-10 $268,817
Years 11-15 $295,699
Option 1 $325,268
Option 2 $357,794
Option 3 $393,573
Option 4 $432,930
Option 5 $476,223
1710 PINEY PLAINS ROAD, CARY, NORTH CAROLINA 27518
PRICE: $3,999,000 CAP: 6.11% RENT: $244,379
INVESTMENT SUMMARY
*The lease start date commenced on or about 9/19/2017.
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INVESTMENT HIGHLIGHTS
❖ $3,999,000
❖ The site has been operating as a Caliber Collision at this location for 9 years and is established in the community
❖ Lease commenced on or about 9/19/2017
❖ Corporate guaranteed lease by CH Hold Corp (S&P “B” Rated)
❖ No landlord obligations
❖ Affluent Raleigh, NC suburb where average household income exceeds $107,500 within 1 mile from the site
❖ Surrounded by big box destination retail and auto dealerships
❖ Adjacent 1(mil) +/- square feet of retail is currently being poised for redevelopment as Ford dealership moved to larger location directly to the south of the site
38,000 VPD
174,428 TOTAL POPULATION WITHIN 5-MILE RADIUS
$94,986AVERAGE HOUSEHOLD INCOME
- WALNUT STREET
11,000 VPD - DILLARD DRIVE
3
WA
LNU
T ST - 38,000 VPD
Walgreens®
Cary High School
Wake County Public School System
Farmington Woods Elementary School
Adams Elementary School
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PINE
Y PL
AINS
RD
SITE PLAN
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CALIBER COLLISION
PARENT COMPANY:OMERS has been the parent company for Caliber Collision since 2013.
OMERS Private Equity (Toronto, Canada & Lewisville, Texas): A Worldwide company. OMERS Private Equity has been making private equity investments since 1987 on behalf of OMERS, one of Canada’s largest pension plans with in excess of $60.8 billion of assets. They manage over $6.5 billion of investments globally. Being part of a pension fund has its advantages. It affords the ability to focus on investing in businesses for long-term value creation rather than near-term earnings. Capital is readily available eliminating the need to fundraiser. It also provides the opportunity to leverage the relationships of the other investment entities and resources of OMERS. OMERS bought Caliber Collision repair services in November 2013. Caliber is one of the largest independent provider of auto collision repair services in the United States with a network of 157 collision centers located in California, Texas, Arizona, Nevada, Oklahoma, and Colorado. The Company has approximately 3,700 employees and repairs more than 285,000 vehicles annually.
OMERS Administrative Corp – Standard & Poor’s AA+ Rated
Moody’s Rated B2
TENANT SUMMARY
LEWISVILLE, TXHEADQUARTERS
OWNERSHIP INDUSTRY
LOCATIONSFOUNDED
AUTOMOTIVE
500+/-1997
PRIVATE
CEO
STEVE GRIMSHAW
PRESIDENT/COO
MARK SANDERS
CALIBER COLLISION
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CALIBER COLLISION CENTERSCaliber Collision Centers is the largest collision repair company in America with more than 500 I-CAR Gold Class Professional certified collision repair centers across 18 states. Caliber is consistently ranked among the highest in customer satisfaction in the industry and backs all repair work with a written, lifetime warranty available at any of its 500+ repair centers. The company repairs more than 450,000 vehicles annually. Caliber Collision has undergone rapid recent growth by aggressively acquiring various local autobody repair shops. Caliber Collision has developed strategic partnerships with 57 car dealerships throughout the U.S. in addition to 34 insurance carriers, which include AAA, GEICO, Farmers, Liberty Mutual, Allstate, and USAA.
❖ Caliber has strategic partnerships with 57 car dealerships throughout the US
❖ Caliber has contracted with 34 insurance carriers
AMERICA’S LARGEST COLLISION REPAIR COMPANYOWNERSHIP BREAKDOWN
SubsidiariesCaliber Bodyworks of Arizona, Inc.
Caliber Bodyworks of Colorado, Inc.Caliber Bodyworks of DC, Inc.
Caliber Bodyworks of Delaware, Inc.Caliber Bodyworks of Florida, Inc.Caliber Bodyworks of Georgia, Inc.
Caliber Bodyworks of Maryland, Inc.Caliber Bodyworks of Nevada, Inc.
Caliber Bodyworks of New Jersey, Inc.Caliber Bodyworks of New Mexico, Inc.
Caliber Bodyworks of North Carolina, Inc.Caliber Bodyworks of Oklahoma, Inc.
Caliber Bodyworks of Pennsylvania, Inc.Caliber Bodyworks of South Carolina, Inc.
Caliber Bodyworks of Texas, Inc.Caliber Bodyworks of Virginia, Inc.
Caliber Bodyworks of West Virginia, Inc.
Credit Rating(Moody's)
"B2"
Credit Rating(S&P)"AA+"
OMERSPrivate Equity Division
$85 Billion in Net AssetsMajority Owners
Caliber Collision Management
Credit Rating(S&P)"B"
CH Holding CorpGuarantor of Lease
+ 500 /-LOCATIONS
$1.65 Billion2016 REVENUE
450,000+VEHICLES REPAIRED ANNUALLY
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Congaree Swamp NM
Chattahoochee River NRA
KennesawMountain NBP
Ninety Six NHS
Cape Lookout NS
Cowpens NB KingsMountainNMP
Great Smoky Mountains NP Cape
Hatteras NS
Obed Wild andScenic River
Blue Ridge Parkway
Cumberland Gap NHP Big South ForkNR and NRA
South River
Black R.
Nottoway R.
Meherrin River
Powell River
Cape Fear R
Great Pee D
ee R.
Brood R.
Savannah R.
Roanoke R.
Tar R.
Holston River
Clinch River
Neuse River
Pamlico River
L. Hickory
L. James
L. Mattamuskeet
Boone L.
L. Burton
Chatuge L.
Fontana L.
Fort Loudoun L.
L. Greenwood
High Rock L.
L. Jocassee
L. Keowee
Roxboro L.
South Holston L.
L. Tillery
Watauga L.
Wateree L.
L. Wylie
Roanoke Rapids L.
Brenau L.
Cherokee L.
Clark Hill L.
L. Cumberland
Douglas L.
Hartwell Res.
John H. Kerr Res.
L. Marion
L. Murray
L. Norman
L. Sidney Lanier
Albemarle Sound
Pamlico Sound
A t l a n t i c O c e a n
Ahoskie
Apex
Beaufort
Butner
Carolina Beach
Clayton
Elkin
Fairmont
Farmville
Franklin
James City
Lincolnton
Louisburg
Madison
Mars Hill
Mount Olive
Murfreesboro
Murphy
Plymouth
Raeford
Rosewood
Scotland Neck
Siler City
Southport
Spindale
Spruce Pine
Stanley
Tabor City
Wake Forest
Wallace
Warsaw
Wrightsville Beach
Zebulon
Brevard
ClemmonsEdenton
Mount Airy
Oxford
Rockingham
Roxboro
Smithfield
Spring Lake
Washington
Whiteville
Arcadia
Batesburg
Calhoun Falls
Kingstree
Landrum
Loris
Lugoff
Manning
Pageland
Springfield
St. Matthews
Surfside Beach
Travelers Rest
Whitmire
Williamston
Winnsboro
Bennettsville
Cheraw
Chester
Darlington
DillonHartsville
Lake City
Lancaster
NewberryCanton
Chatsworth
Cornelia
Dallas
Greensboro
Royston
Washington
Woodstock
Calhoun
Elberton
Winder
Etowah
Gatlinburg
Jamestown
Loudon
Mountain CityOneida
Rogersville
Spurgeon
Sweetwater
Tazewell
Clinton
Jefferson City
La Follette
Newport
Barbourville
HarlanMonticello
Bassett
Big Stone Gap
Chase City
EmporiaGate City
Hillsville
Lebanon
Rocky Mount
South Hill
Franklin
Galax South Boston
Wytheville
Camp Lejeune
Chapel Hill
Gastonia
Goldsboro
Greenville
Kannapolis
Kinston
Rocky Mount
Wilmington
Wilson
Albemarle
Asheboro
Boone
Cary
Concord
Eden
Elizabeth City
Havelock
Henderson
Hickory
JacksonvilleLaurinburg
Lenoir
Lexington
Lumberton
Monroe
Morganton
New Bern
Reidsville
Roanoke Rapids
Salisbury
Sanford
Shelby
Statesville
Thomasville
Anderson
Florence
Rock HillSpartanburg
Aiken
Berea
Cayce
Conway
Dentsville
Easley
Gaffney
Greenwood
Laurens
Myrtle Beach
Orangeburg
Seven Oaks
Sumter
Union
AthensMarietta
Tucker
Belvedere Park
Covington
Dalton
Dunwoody
Forest Park
Gainesville
Martinez
Panthersville
Roswell
Cleveland
Johnson City
Kingsport
Oak Ridge
Athens
Bristol
Cedar Bluff
Elizabethton
GreenevilleHalls
Maryville
Morristown
Middlesborough
Danville
Martinsville
Durham
GreensboroWinston-Salem
Asheville
Fayetteville
High Point
Greenville
Knoxville
Chesapeake
Portsmouth
Charlotte
Norfolk
Virginia Beach
Raleigh
Columbia
Atlanta
Georgia
Kentucky
SouthCarolina
Tennessee
Virginia
NORTHCAROLINA
LOCATION HIGHLIGHTS
Ranked as #1 - safest large city in the Southeast (#20 nationally)
The region is home to outdoor enthusiasts with
over 30 public parks and open spaces
Located 4 miles southwest of North
Carolina State University with 24,000 student
body population
Directly off Fwy 64, with traffic exceeding
38,000 VPD
CARY, NORTH CAROLINASAFEST PLACE TO LIVE IN THE SOUTHEAST
M A J O R E M P L O Y E R S : 2 0 1 7C A R Y, N C
Carter & Burgess Inc. 3,000
Rex 3,000
UNC Hospitals 3,000
Kroger 1,013
Wake County Transportation System 1,000
North Carolina State University 932
Advanced Energy 871
Spectraforce Technologies Inc. 825
Wachovia Mortgage Corporation 802
Caterpiller 699
7 Miles to Raleigh
21 miles to Durham
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Cary, North Carolina is the seventh largest municipality in North Carolina, and is an affluent suburb of Raleigh, located predominantly in Wake County. Cary is known as a commuter bedroom community that is genuinely a hometown, not a home city. Cary has the humor reputation of actually being named as “Concentrated Area of Relocated Yankees) as less than 30% of Cary residents were actually born in Cary. It is a hidden gem of a melting pot. It also happens to be a safe town as well: Cary has been named consistently as one of the safest places to live both regionally and nationally as per FBI released crime data (in all cities with populations of 100,000-500,000 - 2013).
The Research Triangle is one of the largest in the country, employing 39,000 +/- people at many high tech companies (located 14 miles from the subject site). The expansion plan launched in 2012 indicated that an additional 100,000 more employees would be coming to the immediate region (unconfirmed). But the fact remains, the area is booming.
❖ Ranked #1 as the safest large city in the Southeast
❖ Ranked #6 on a list of “America’s 50 Best Cities to Live”
❖ Ranked #8 for Safest City in North Carolina
❖ Ranked #8 for Healthiest Housing Market
❖ Ranked #9 for Best Suburb to Buy a House in North Carolina
❖ Ranked #5 for Best Performing Cites
❖ Ranked #2 for Most Internet Connected City in the US
❖ Ranked #4 for Best Midsize City to Raise Children
❖ Ranked #5 for Best Large Metro for Home Ownership
❖ FORBES named the Triangle as part of the 10-up and coming cities for entrepreneurs
CARY,NORTH CAROLINA
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ResearchTriangle Park
Falls LakeState
Recreation Area
RALEIGH
DURHAM
HAMPTON
BAHAMA
HEATHER GLEN
BRAGGTOWN
JOYLAND
OAK GROVE
BETHESDA
BLANDS
GENLEE
CLEGG
MORRISVILLE
CARY
MILLBROOK
FORESTVILLE
WAKE FOREST
FALLS
NEUSE
STERN
BUTNERCREEDMOOR
WILTON
GRISSOM
NEW LIGHT
YOUNGSVILLE
ROGUEMONT
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ResearchTriangle Park
Falls LakeState
Recreation Area
RALEIGH
DURHAM
HAMPTON
BAHAMA
HEATHER GLEN
BRAGGTOWN
JOYLAND
OAK GROVE
BETHESDA
BLANDS
GENLEE
CLEGG
MORRISVILLE
CARY
MILLBROOK
FORESTVILLE
WAKE FOREST
FALLS
NEUSE
STERN
BUTNERCREEDMOOR
WILTON
GRISSOM
NEW LIGHT
YOUNGSVILLE
ROGUEMONT
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3 - M I L E R A D I U S
174,428Total Population
Within 5-Mile Radius
$94,986Average Household Income
Within 5-Mile Radius
$60,594Median Household Income
Within 5-Mile Radius
6 9,9 9 1Total Households Within
5-Mile Radius
16.10% From 2000
DEMOGRAPHICS / CARY, NC
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601701
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7878
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258460501
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385
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57575
85
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4040
75
75
81
85
Congaree Swamp NM
Chattahoochee River NRA
KennesawMountain NBP
Ninety Six NHS
Cape Lookout NS
Cowpens NB KingsMountainNMP
Great Smoky Mountains NP Cape
Hatteras NS
Obed Wild andScenic River
Blue Ridge Parkway
Cumberland Gap NHP Big South ForkNR and NRA
South River
Black R.
Nottoway R.
Meherrin River
Powell River
Cape Fear R
Great Pee D
ee R.
Brood R.
Savannah R.
Roanoke R.
Tar R.
Holston River
Clinch River
Neuse River
Pamlico River
L. Hickory
L. James
L. Mattamuskeet
Boone L.
L. Burton
Chatuge L.
Fontana L.
Fort Loudoun L.
L. Greenwood
High Rock L.
L. Jocassee
L. Keowee
Roxboro L.
South Holston L.
L. Tillery
Watauga L.
Wateree L.
L. Wylie
Roanoke Rapids L.
Brenau L.
Cherokee L.
Clark Hill L.
L. Cumberland
Douglas L.
Hartwell Res.
John H. Kerr Res.
L. Marion
L. Murray
L. Norman
L. Sidney Lanier
Albemarle Sound
Pamlico Sound
A t l a n t i c O c e a n
Ahoskie
Apex
Beaufort
Butner
Carolina Beach
Clayton
Elkin
Fairmont
Farmville
Franklin
James City
Lincolnton
Louisburg
Madison
Mars Hill
Mount Olive
Murfreesboro
Murphy
Plymouth
Raeford
Rosewood
Scotland Neck
Siler City
Southport
Spindale
Spruce Pine
Stanley
Tabor City
Wake Forest
Wallace
Warsaw
Wrightsville Beach
Zebulon
Brevard
ClemmonsEdenton
Mount Airy
Oxford
Rockingham
Roxboro
Smithfield
Spring Lake
Washington
Whiteville
Arcadia
Batesburg
Calhoun Falls
Kingstree
Landrum
Loris
Lugoff
Manning
Pageland
Springfield
St. Matthews
Surfside Beach
Travelers Rest
Whitmire
Williamston
Winnsboro
Bennettsville
Cheraw
Chester
Darlington
DillonHartsville
Lake City
Lancaster
NewberryCanton
Chatsworth
Cornelia
Dallas
Greensboro
Royston
Washington
Woodstock
Calhoun
Elberton
Winder
Etowah
Gatlinburg
Jamestown
Loudon
Mountain CityOneida
Rogersville
Spurgeon
Sweetwater
Tazewell
Clinton
Jefferson City
La Follette
Newport
Barbourville
HarlanMonticello
Bassett
Big Stone Gap
Chase City
EmporiaGate City
Hillsville
Lebanon
Rocky Mount
South Hill
Franklin
Galax South Boston
Wytheville
Camp Lejeune
Chapel Hill
Gastonia
Goldsboro
Greenville
Kannapolis
Kinston
Rocky Mount
Wilmington
Wilson
Albemarle
Asheboro
Boone
Cary
Concord
Eden
Elizabeth City
Havelock
Henderson
Hickory
JacksonvilleLaurinburg
Lenoir
Lexington
Lumberton
Monroe
Morganton
New Bern
Reidsville
Roanoke Rapids
Salisbury
Sanford
Shelby
Statesville
Thomasville
Anderson
Florence
Rock HillSpartanburg
Aiken
Berea
Cayce
Conway
Dentsville
Easley
Gaffney
Greenwood
Laurens
Myrtle Beach
Orangeburg
Seven Oaks
Sumter
Union
AthensMarietta
Tucker
Belvedere Park
Covington
Dalton
Dunwoody
Forest Park
Gainesville
Martinez
Panthersville
Roswell
Cleveland
Johnson City
Kingsport
Oak Ridge
Athens
Bristol
Cedar Bluff
Elizabethton
GreenevilleHalls
Maryville
Morristown
Middlesborough
Danville
Martinsville
Durham
GreensboroWinston-Salem
Asheville
Fayetteville
High Point
Greenville
Knoxville
Chesapeake
Portsmouth
Charlotte
Norfolk
Virginia Beach
Raleigh
Columbia
Atlanta
Georgia
Kentucky
SouthCarolina
Tennessee
Virginia
NORTHCAROLINA
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POPULATION 1 MILE 3 MILES 5 MILES2022 Projection
Total Population 9,889 75,353 184,7662017 Estimate
Total Population 9,319 70,638 174,4282010 Census
Total Population 8,479 63,597 155,9402000 Census
Total Population 8,345 60,093 134,404Current Daytime Population
2017 Estimate 10,772 89,016 229,139
HOUSEHOLDS 1 MILE 3 MILES 5 MILES2022 Projection
Total Households 4,742 33,320 73,9462017 Estimate
Total Households 4,258 33,320 68,705
Average (Mean) Household Size 2.29 2.29 2.402010 Census
Total Households 3,858 27,346 60,7622000 Census
Total Households 3,307 23,930 50,802Occupied Units
2022 Projection 4,742 33,320 73,9462017 Estimate 4,258 30,527 68,705
HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2017 Estimate
$150,000 or More 18.20% 14.50% 15.20%
$100,000 - $149,000 20.40% 16.40% 16.90%$75,000 - $99,999 16.50% 13.20% 13.20%$50,000 - $74,999 14.0% 17.20% 16.50%$35,000 - $49,999 10.90% 12.70% 11.70%Under $35,000 19.90% 26.10% 26.50%
Average Household Income $107,500 $93,232 $94,986
Median Household Income $83,032 $65,300 $66,902
Per Capita Income $49,126 $40,352 $38,149
HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $74,421 $67,483 $68,223
Consumer Expenditure Top 10 CategoriesHousing $20,580 $18,608 $18,760Transportation $12,767 $11,645 $11,670Shelter $11,258 $10,218 $10,361Food $8,609 $7,793 $7,922Personal Insurance and Pensions $7,634 $6,534 $6,772Health Care $4,820 $4,517 $4,532Utilities $4,186 $3,898 $3,927Entertainment $3,100 $2,803 $2,858Household Furnishings and Equipment $2,734 $2,400 $2,383
POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulation By Age
2017 Estimate Total Population 14,824 70,638 191,316Under 20 22.50% 21.20% 24.60%20 to 34 Years 27.40% 29.80% 29.80%35 to 39 Years 6.90% 6.21% 5.93%40 to 49 Years 13.44% 12.00% 12.54%50 to 64 Years 18.38% 18.49% 18.31%Age 65+ 11.00% 12.70% 9.70%Median Age 35.00 34.40 31.80
Population 25+ by Education Level2017 Estimate Population Age 25+ 6,498 48,662 108,873Elementary (0-8) 2.90% 3.00% 2.60%Some High School (9-11) 3.60% 3.60% 3.20%High School Graduate (12) 13.60% 14.50% 14.00%Some College (13-15) 16.30% 17.30% 17.00%Associate Degree Only 9.00% 8.20% 8.00%Bachelors Degree Only 31.80% 31.40% 32.90%Graduate Degree 21.90% 20.90% 21.40%
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C A R Y N O R T H C A R O L I N A
LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS
SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE
Tel: (818) 212-2730Fax: (818) 212-2710
[email protected]: CA 01267761
