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www.cbre.com/louisville NORTH PARK SHOPPING CENTER, 506 W. NEW CIRCLE ROAD, LEXINGTON, KY 40511 Retail Space Available FOR LEASE NEW DEVELOPMENT PLANNED FRONTING WALMART ANCHORED SHOPPING CENTER + Build to suit up to 5,000± square feet of retail space + Located adjacent to a new national quick service restaurant (coming soon) + High traffic area with high daytime employee population + Traffic count: 42,866 VPD on W. New Circle Road NEW CIRCLE RD 42,866 VPD 10,814 VPD 39,860 VPD 12,575 VPD WALMART NATIONAL QUICK SERVICE RESTAURANT COMING SOON UP TO ±5,000 SF AVAILABLE AVAILABLE ±5,000 SF

FOR LEASE Retail Space Available · 2018-08-01 · DEMOGRAPHIC PROFILE 506 W NEW CIRCLE RD 1 MILE 3 MILES 5 MILES 2017 Businesses 393 4,353 7,843 2017 Employees 10,882 69,011 132,625

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Page 1: FOR LEASE Retail Space Available · 2018-08-01 · DEMOGRAPHIC PROFILE 506 W NEW CIRCLE RD 1 MILE 3 MILES 5 MILES 2017 Businesses 393 4,353 7,843 2017 Employees 10,882 69,011 132,625

www.cbre.com/louisville

NORTH PARK SHOPPING CENTER, 506 W. NEW CIRCLE ROAD, LEXINGTON, KY 40511

Retail Space AvailableFOR LEASE

NEW DEVELOPMENT PLANNEDFRONTING WALMART ANCHORED SHOPPING CENTER

+ Build to suit up to 5,000± square feet of retail space

+ Located adjacent to a new national quick service restaurant (coming soon)

+ High traffic area with high daytime employee population

+ Traffic count: 42,866 VPD on W. New Circle Road

NEW CIRCLE RD 42,866 VPD

10,814 VPD

39,860 VPD

12,5

75 V

PD

WALMART

NATIONALQUICK SERVICERESTAURANT

COMING SOON

UP TO±5,000 SFAVAILABLE

AVAILABLE ±5,000 SF

Page 2: FOR LEASE Retail Space Available · 2018-08-01 · DEMOGRAPHIC PROFILE 506 W NEW CIRCLE RD 1 MILE 3 MILES 5 MILES 2017 Businesses 393 4,353 7,843 2017 Employees 10,882 69,011 132,625

NORTH PARK SHOPPING CENTER, 506 W. NEW CIRCLE ROAD, LEXINGTON, KY 40511

Retail Space AvailableFOR LEASE

AVAILABLE

WALMART

Page 3: FOR LEASE Retail Space Available · 2018-08-01 · DEMOGRAPHIC PROFILE 506 W NEW CIRCLE RD 1 MILE 3 MILES 5 MILES 2017 Businesses 393 4,353 7,843 2017 Employees 10,882 69,011 132,625

PROPOSED DEVELOPMENT PLAN

Clay Hunt

Senior Associate+1 502 412 [email protected]

Scott Gilmore

Vice President+1 502 412 [email protected]

CONTACT US

NATIONALQUICK SERVICE

RESTAURANTCOMING SOON

44’

115’

AVAILABLE UP TO

±5,000 SF

NEW CIRCLE RD

Page 4: FOR LEASE Retail Space Available · 2018-08-01 · DEMOGRAPHIC PROFILE 506 W NEW CIRCLE RD 1 MILE 3 MILES 5 MILES 2017 Businesses 393 4,353 7,843 2017 Employees 10,882 69,011 132,625

NORTH PARK SHOPPING CENTER, 506 W. NEW CIRCLE ROAD, LEXINGTON, KY 40511

Retail Space AvailableFOR LEASE

www.cbre.com/louisville

Clay Hunt

Senior Associate+1 502 412 [email protected]

Scott Gilmore

Vice President+1 502 412 [email protected]

CONTACT US

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners.Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited.

DEMOGRAPHIC PROFILE

506 W NEW CIRCLE RD

1 MILE 3 MILES 5 MILES

2017 Businesses 393 4,353 7,843

2017 Employees 10,882 69,011 132,625

2017 Population - Current Year Estimate 8,308 75,915 165,009

2022 Population - Five Year Projection 8,569 79,256 173,081

2010 Population - Census 7,998 71,459 154,161

2000 Population - Census 8,212 68,884 138,236

2010-2017 Annual Population Growth Rate 0.53% 0.84% 0.94%

2017-2022 Annual Population Growth Rate 0.62% 0.87% 0.96%

2017 Population 8 ,308 75 ,915 165 ,009Age 0-4 541 6.5% 4,162 5.5% 9,532 5.8%Age 5-9 466 5.6% 3,892 5.1% 8,844 5.4%Age 10-14 469 5.6% 3,602 4.7% 8,032 4.9%Age 15-19 457 5.5% 5,954 7.8% 12,872 7.8%Age 20-24 544 6.5% 10,508 13.8% 20,521 12.4%Age 25-29 624 7.5% 5,894 7.8% 13,731 8.3%Age 30-34 586 7.1% 5,243 6.9% 12,767 7.7%Age 35-39 568 6.8% 4,770 6.3% 11,539 7.0%Age 40-44 511 6.2% 4,180 5.5% 9,717 5.9%Age 45-49 522 6.3% 4,206 5.5% 9,155 5.5%Age 50-54 573 6.9% 4,463 5.9% 9,230 5.6%Age 55-59 597 7.2% 4,820 6.3% 9,447 5.7%Age 60-64 569 6.8% 4,333 5.7% 8,547 5.2%Age 65-69 482 5.8% 3,477 4.6% 7,081 4.3%Age 70-74 338 4.1% 2,459 3.2% 5,046 3.1%Age 75-79 209 2.5% 1,677 2.2% 3,442 2.1%Age 80-84 135 1.6% 1,154 1.5% 2,506 1.5%Age 85 and Older 117 1.4% 1,120 1.5% 2,999 1.8%

2017 Median Age 39.1 33.8 33.5

2017 Population 8 ,308 75 ,915 165 ,009

White 3,637 43.8% 47,543 62.6% 112,461 68.2%

Black or African American 3,316 39.9% 20,256 26.7% 32,978 20.0%

Asian 64 0.8% 1,361 1.8% 4,614 2.8%

American Indian or Alaska Native 28 0.3% 314 0.4% 580 0.4%

Pacific Islander 13 0.2% 55 0.1% 124 0.1%

Other Race 1,009 12.1% 4,166 5.5% 9,516 5.8%

Two or More Races 240 2.9% 2,221 2.9% 4,736 2.9%

Hispanic 1,505 18.1% 7,435 9.8% 16,650 10.1%

White Non-Hispanic 3,229 38.9% 44,847 59.1% 106,600 64.6%

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:342716

PLACE OF WORK

POPULAT ION

A G E

RACE AND ETHNIC ITY

DEMOGRAPHIC PROFILE

506 W NEW CIRCLE RD

1 MILE 3 MILES 5 MILES

2017 Population 25 and Over 5 ,831 47 ,797 105 ,206

Less than 9th Grade 752 12.9% 3,431 7.2% 6,192 5.9%

9-12th Grade - No Diploma 711 12.2% 5,089 10.6% 8,184 7.8%

High School Diploma 1,493 25.6% 9,867 20.6% 18,599 17.7%

GED or Alternative Credential 355 6.1% 2,882 6.0% 5,630 5.4%

Some College - No Degree 1,127 19.3% 10,039 21.0% 21,200 20.2%

Associate`s Degree 424 7.3% 3,289 6.9% 7,364 7.0%

Bachelor`s Degree 699 12.0% 8,029 16.8% 21,425 20.4%

Graduate or Professional Degree 270 4.6% 5,171 10.8% 16,612 15.8%

2017 Population 8 ,308 75 ,915 165 ,009

Males 4,209 50.7% 37,533 49.4% 82,605 50.1%

Females 4,098 49.3% 38,382 50.6% 82,404 49.9%

2017 Population 15+ 6 ,832 64 ,260 138 ,600

Never Married 2,616 38.3% 32,169 50.1% 63,139 45.6%

Married 2,519 36.9% 19,653 30.6% 50,440 36.4%

Widowed 508 7.4% 3,503 5.5% 6,768 4.9%

Divorced 1,189 17.4% 8,935 13.9% 18,253 13.2%

2017 Civi l ian Population 16+ in Labor Force 3 ,902 38 ,921 86 ,715

2017 Employed Civilian Population 16+ 3,627 93.0% 36,152 92.9% 81,530 94.0%

2017 Unemployed Population 16+ 275 7.0% 2,769 7.1% 5,185 6.0%

2017 Employed Civi l ian Population 16+ 3 ,627 36 ,152 81 ,530

White Collar 1,610 44.4% 18,992 52.5% 46,402 56.9%

Services 1,088 30.0% 9,814 27.1% 19,637 24.1%

Blue Collar 928 25.6% 7,348 20.3% 15,491 19.0%

2017 Daytime Population 15 ,118 107 ,899 216 ,632

Daytime Workers 10,359 68.5% 67,383 62.5% 133,545 61.6%

Daytime Residents 4,759 31.5% 40,516 37.5% 83,087 38.4%

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 2 ProjectID:342716

EDUCAT ION

GENDER

MAR ITAL STATUS

EMPLOYMENT STATUS

CLASS OF WORKER

DAYT IME POPULAT ION

DEMOGRAPHIC PROFILE

506 W NEW CIRCLE RD

1 MILE 3 MILES 5 MILES

2017 Households - Current Year Estimate 3,313 31,790 67,615

2022 Households - Five Year Projection 3,400 33,189 70,837

2010 Households - Census 3,228 30,044 63,511

2000 Households - Census 3,341 28,853 57,973

2010-2017 Annual Household Growth Rate 0.36% 0.78% 0.87%

2017-2022 Annual Household Growth Rate 0.52% 0.87% 0.94%

2017 Average Household Size 2.39 2.24 2.27

2017 Households 3 ,313 31 ,790 67 ,613

Under $15,000 529 16.0% 7,137 22.5% 11,843 17.5%

$15,000-$24,999 612 18.5% 5,128 16.1% 9,128 13.5%

$25,000-$34,999 622 18.8% 4,035 12.7% 8,053 11.9%

$35,000-$49,999 464 14.0% 4,584 14.4% 9,700 14.3%

$50,000-$74,999 498 15.0% 4,642 14.6% 10,791 16.0%

$75,000-$99,999 307 9.3% 2,692 8.5% 7,179 10.6%

$100,000-$149,999 228 6.9% 2,155 6.8% 6,498 9.6%

$150,000-$199,999 21 0.6% 731 2.3% 2,085 3.1%

$200,000 and Over 31 0.9% 685 2.2% 2,335 3.5%

2017 Average Household Income $46,471 $50,536 $61,567

2022 Average Household Income $51,684 $57,606 $69,900

2017 Median Household Income $32,746 $33,710 $41,196

2022 Median Household Income $34,373 $36,297 $45,714

2017 Per Capita Income $19,099 $21,906 $26,260

2022 Per Capita Income $21,034 $24,841 $29,602

2017 Owner Occupied Housing Units 1 ,662 13 ,535 31 ,394

Under $50,000 125 7.5% 998 7.4% 1,285 4.1%

$50,000-$99,999 675 40.6% 4,062 30.0% 5,580 17.8%

$100,000-$149,999 495 29.8% 3,977 29.4% 9,128 29.1%

$150,000-$199,999 152 9.1% 1,900 14.0% 5,854 18.6%

$200,000-$249,999 124 7.5% 755 5.6% 2,718 8.7%

$250,000-$299,999 19 1.1% 462 3.4% 1,431 4.6%

$300,000-$399,999 40 2.4% 563 4.2% 2,155 6.9%

$400,000-$499,999 17 1.0% 275 2.0% 1,088 3.5%

$500,000-$749,999 4 0.2% 261 1.9% 1,071 3.4%

$750,000-$999,999 8 0.5% 201 1.5% 721 2.3%

$1,000,000 and Over 5 0.3% 80 0.6% 364 1.2%

2017 Median Value of Owner Occ. Housing Units $103,232 $121,461 $148,381

2017 Average Value of Owner Occ. Housing Units $127,855 $163,732 $210,870

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 3 ProjectID:342716

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING VALUE

DEMOGRAPHIC PROFILE

506 W NEW CIRCLE RD

1 MILE 3 MILES 5 MILES

2017 Households - Current Year Estimate 3,313 31,790 67,615

2022 Households - Five Year Projection 3,400 33,189 70,837

2010 Households - Census 3,228 30,044 63,511

2000 Households - Census 3,341 28,853 57,973

2010-2017 Annual Household Growth Rate 0.36% 0.78% 0.87%

2017-2022 Annual Household Growth Rate 0.52% 0.87% 0.94%

2017 Average Household Size 2.39 2.24 2.27

2017 Households 3 ,313 31 ,790 67 ,613

Under $15,000 529 16.0% 7,137 22.5% 11,843 17.5%

$15,000-$24,999 612 18.5% 5,128 16.1% 9,128 13.5%

$25,000-$34,999 622 18.8% 4,035 12.7% 8,053 11.9%

$35,000-$49,999 464 14.0% 4,584 14.4% 9,700 14.3%

$50,000-$74,999 498 15.0% 4,642 14.6% 10,791 16.0%

$75,000-$99,999 307 9.3% 2,692 8.5% 7,179 10.6%

$100,000-$149,999 228 6.9% 2,155 6.8% 6,498 9.6%

$150,000-$199,999 21 0.6% 731 2.3% 2,085 3.1%

$200,000 and Over 31 0.9% 685 2.2% 2,335 3.5%

2017 Average Household Income $46,471 $50,536 $61,567

2022 Average Household Income $51,684 $57,606 $69,900

2017 Median Household Income $32,746 $33,710 $41,196

2022 Median Household Income $34,373 $36,297 $45,714

2017 Per Capita Income $19,099 $21,906 $26,260

2022 Per Capita Income $21,034 $24,841 $29,602

2017 Owner Occupied Housing Units 1 ,662 13 ,535 31 ,394

Under $50,000 125 7.5% 998 7.4% 1,285 4.1%

$50,000-$99,999 675 40.6% 4,062 30.0% 5,580 17.8%

$100,000-$149,999 495 29.8% 3,977 29.4% 9,128 29.1%

$150,000-$199,999 152 9.1% 1,900 14.0% 5,854 18.6%

$200,000-$249,999 124 7.5% 755 5.6% 2,718 8.7%

$250,000-$299,999 19 1.1% 462 3.4% 1,431 4.6%

$300,000-$399,999 40 2.4% 563 4.2% 2,155 6.9%

$400,000-$499,999 17 1.0% 275 2.0% 1,088 3.5%

$500,000-$749,999 4 0.2% 261 1.9% 1,071 3.4%

$750,000-$999,999 8 0.5% 201 1.5% 721 2.3%

$1,000,000 and Over 5 0.3% 80 0.6% 364 1.2%

2017 Median Value of Owner Occ. Housing Units $103,232 $121,461 $148,381

2017 Average Value of Owner Occ. Housing Units $127,855 $163,732 $210,870

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 3 ProjectID:342716

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING VALUE