Woodland OfficePark
Prepared by:
Brandon Wood, CCIMoffice: [email protected]
Bill Nicoloffoffice: [email protected]
Chris Falk CCIM, SIORoffice: [email protected]
Table of Contents
Page No.
I. Confidentiality Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3
II. Executive Summary & Rent Roll . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4
III. Property Details. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6
IV. Property Photos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7
V. Site Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8
VI. Site Aerial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9
VII. Individual Building Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1528 N Woodland Park Dr. 1536 N Woodland Park Dr. 1544 N Woodland Park Dr. 1558 N Woodland Park Dr. 1572 N Woodland Park Dr. VIII. Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Area Information Demographics
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Newmark Grubb ACRES Northern Region (hereafter ACRES) has been engaged as the exclusive agent and representative of the Owner. No contacts shall be made by any prospective purchaser or agents to the Owner, it’s executives, personnel, or related entities.
This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Purchase Agreement on terms acceptable to the Owner, at Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agrees to release the Owner from any liability with respect hereto.
The enclosed materials are being provided solely to facilitate the prospective purchaser’s own due diligence for which the purchaser shall be fully and solely responsible.
Neither ACRES nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied upon as a promise or representation as to the future performance of the Property. This Investment Offering Brochure may include certain statements and estimates by ACRES with respect to the projected future performance of the Property. These assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, ACRES and the Owner disclaim any an all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed, and delivered Purchase Agreement between it and the Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not look to the Owner or ACRES nor any of their officers, employees, representatives, independent contractors, or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.
I. Confidentiality Agreement
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Highlights• FiveProfessionalOfficeBuildings
• FiveIndividualParcels
• Totalof53,103SF
• 6.4AcresTotal
• Vacancyof12.4%
• 87.6%Occupancy-UpsideOpportunity
• Builtin1995
FINANCIAL SUMMARY
Purchase Price $6,105,440
Price/SF $114.97
CAP Rate 7.75%
Occupancy 87.6%
PROFORMA
Gross Operating Income $482,640
Reserve (2%) $(9,653)
Net Operating Income $472,987
Executive Summary
• ZonedB-RP:Business&ResearchPark
• StrongLocationinheartofLaytonBusinessSector
• FreewayVisibility
• AttractiveStorefrontTenantEntrances
• LocatedadjacenttoDavisConferenceCenter,Hotels&MultipleRestaurants
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Rent Roll
Suite Tenant SF Start Date End Date Rate Mo. Payment Ann. Payment Esc. Options
1528 Building100 Larkin Hearing Clinics 1,225 7/1/2007 8/31/2014 $11.59 $1,183.15 $14,197.80 3%110 USIS 3,271 10/1/2010 9/30/2015 $11.67 $3,181.02 $38,172.24 3%120 Bankers Life 3,136 9/15/2013 1/31/2019 $11.00 $2,874.67 $34,496.00 3%
1536 Building130 Speaking Roses 3,068 4/1/2009 3/31/2014 $8.50 $2,173.17 $26,078.04 200 Cottonwood Title 1,224 4/15/2006 12/31/2018 $11.85 $1,208.70 $14,692.80 3%210 Academy Mortgage 4,045 1/20/2012 4/30/2015 $10.82 $3,647.24 $43,766.88 3%220 Vacant 2,423 $- $- $-
230 James E. Owings (Elastic Digital) 4,268 7/01/2012 7/31/2015 $5.33 $1,896.89 $22,762.68 3%
1544 Building300 Ivory Homes 3,994 9/1/2004 8/31/2015 $11.00 $3,661.17 $43,934.04 3%305 Select Engineering Services 8,414 4/1/2007 8/31/2014 $10.90 $7,642.72 $91,712.64 3%320 Vacant 2,786 $- $- $-
1558 Building400 Steven Morrow 1,253 10/1/2006 7/31/2016 $11.00 $1,148.58 $13,782.96 3%410 Backman Title Services 3,885 4/1/2006 6/30/2015 $11.85 $3,836.44 $46,037.28 3%420 Carter Hatch 1,097 6/1/2010 10/31/2016 $11.50 $1,051.29 $12,615.50 3%430 Vacant 1,379 $- $- $-
1572 Building500 Riptide Management 4,070 1/31/2012 1/31/2016 $9.74 $3,303.48 $39,641.76 3%505 Wright Development 949 5/11/2009 3/31/2014 $11.59 $916.58 $10,998.96 510 Davis Area Convention 2,616 1/1/2011 12/31/2013 $11.44 $2,494.88 $29,938.56 2 1-yr Options
Totals 53,103 $9.09 $40,219.98 $482,828.14
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Property Details
Individual Building Summary
Building Size (SF) Vacant SF Vacancy BuiltGross
OperatingIncome
Reserves (2%)
NetOperating
Income
1528 7,632 0 0.0% 1995 $86,866 $(1,737) $85,129
1536 15,028 2,423 16.1% 1995 $107,300 $(2,146) $105,154
1544 15,194 2,786 18.3% 1995 $135,647 $(2,713) $132,934
1558 7,614 1,379 18.1% 1995 $72,436 $(1,449) $70,987
1572 7,635 0 0.0% 1995 $80,579 $(1,612) $78,968
Total 53,103 6,588 $482,828 $(9,657) $473,172
6%
29%
42%
14%
9%
Rollover by Year
2013
2014
2015
2016
2018
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Property Photos
1528 NORTH 1536 NORTH
1544 NORTH 1558 NORTH
1572 NORTH
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Site Plan
Woodland Park Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Site Aerial
1425 N
HIL
L FI
ELD
RD
ANTELOPE DR
ALD
ER S
T
RING RD
WO
OD
LAN
D P
AR
K D
R
HERITAGE PARK BLVD
LAYT
ON
HIL
LS P
KW
Y
1800 N
1875 N
FOR
BES
AVE
PAUL AVE
MAIN ST
440
W
BENNETTST
1350 N
1550 N
1925 N 1900 N
650
WDELAYNE ST
15
N
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Retail Aerial
0 0.1 0.2Mi les
3900 South 2300 EastSpringville, UtahLayton Hills MallLayton, Utah
N
Commercial Real Estate Services, Worldwide.
WESTCreating and preserving real estate values.TM
1.877.NAIWEST | www.naiwest.comThe above information while not guaranteed has been secured from sources deemed reliable
Aerial Imagery Courtesy of AeroGraphics Image Date: March-June 2012 - Traffic Counts Courtesy of UDOT (2011)
22,820 cars/day
106,285 cars/day
23,270 cars/day
24,345 cars/day 14,810 cars/day
20,815 cars/day24,570 cars/day
107,300 cars/day
104,950 cars/day
42,610 cars/day
1425 North
15 80 84215
Antelope Drive
Woodland Park D
rive Hill Field R
oad
Hill Field Road
University Park B
oulevard
Main Street
King Street
1000 North Gordon Avenue
EXIT#33215 80 84215
EXIT#33115 80 84215
Distribution Center
LoewsLayton Hills 9
Tinseltown 17
SUPERCENTER
HOME APPLIANCE SHOWROOM
DavisHospital
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Individual Building Details
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Building Profile
Address1528 N Woodland Park Dr
Layton, UT 84041
Building Size 7,632 SF
Stories 1
Vacant SF 0 SF
Woodland Park - 1528
Woodland P
ark Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
1528 NORTH
Tenants:Larkin Hearing Clinic
USIS Risk Management
Bankers Life Insurance
Floor Plan
#100Larkin Hearing
#110USIS
#120Bankers Life
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
USIS provides screening and security-based information and service solutions to its customers in the government, law enforcement and first responder, commercial, and litigation support markets. Headquartered in Falls Church, Virginia, USIS delivers background screening and risk management solutions in background investigations, fingerprinting, health care investigation, security training, information management & data analytics.
http://www.usis.com
For more than 130 years, Bankers Life and Casualty Company has been helping individuals and families protect their financial security and prepare for retirement. Bankers serves the retirement market through a broad portfolio of affordable, quality health and life insurance products and annuities.
http://www.bankers.com
Woodland Park - 1528
Tenants
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Building Profile
Address1536 N Woodland Park Dr
Layton, UT 84041
Building Size 15,028 SF
Stories 2
Vacant SF 2,423 SF
Woodland Park - 1536
Woodland P
ark Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
1536 NORTH
Tenants:Speaking Roses
Cottonwood Title
Academy Mortgage
James E Owings (Elastic Digital)#200
CottonwoodTitle
1536Upper Floor
#130Speaking Roses
1536 Lower Floor
#230James E Owings
#210Academy Mortgage
#220VACANT
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Speaking Roses is the new way of expression! Since we launched in 2008, we have sold licenses in over 60 countries. We have generated around 8 million dollars in sales in these few years. The company is debt free. With 21 patents in the US and other countries worldwide, Speaking Roses is the first and only business legally allowed to produce and
sell personalized, fresh-cut flowers with images or messages printed right on the petals. http://www.speakingroses.com/
Woodland Park - 1536
Tenants
Cottonwood Title is a full service title company with experienced experts in Real Estate Closings, Title Insurance, Realtor Services, Lender Services, Developer/Builder Services, Foreclosure Services, & Short Sale Services. With six convenient offices, Cottonwood Title services every county in Utah.http://www.cottonwoodtitle.com/
Founded in 1988, Academy Mortgage is one of the nation’s largest and most respected independent mortgage lenders. Academy is headquartered in Salt Lake City, Utah; has over 135 branch offices across the country; and is licensed to process loans in 43 states.
Academy’s mission is to be the 1st Choice home loan lender of every Realtor, Builder, and Homeowner who shares our commitment to sustainable homeownership.http://academymortgage.com/
Elastic Digital provides the best-in-class demand generation platform, The Grid - supported by best practice partner services, globally - and creates world-class digital demand generation campaigns.
We provide sales enablement, education and empowerment solutions to help our clients, and their partners, to generate leads and revenue.
http://www.elasticdigital.com/
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Building Profile
Address1544 N Woodland Park Dr
Layton, UT 84041
Building Size 15,194 SF
Stories 2
Vacant SF 2,786 SF
Woodland Park - 1544
Woodland P
ark Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
1544 NORTH #320
Tenants:Ivory Homes
Select Engineering Services
#300Ivory
Homes
#310SES
1544Upper Floor
#320VACANT #310
SES
#300Ivory
Homes
1544Lower Floor
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Ivory Homes has been ranked #1 among home builders in Utah for 25 consecutive years! Ivory Homes builds beautiful custom Utah homes (estate homes, townhomes, condos and luxury homes) in over 55 Utah communities (including active adult), many of which include rich amenities like pools, parks, and trails.
http://ivoryhomes.com/
Woodland Park - 1544
Tenants
Select Engineering Services (SES) is a provider of engineering/technical services that assist federal agencies, local governments, and corporate entities in a variety of endeavors ranging from embedded engineering and technical services to the performance of system design, development, test, and sustainment of complex systems.
We specialize in Systems Engineering, having adapted our practices to all major engineering disciplines. We have found a particular niche in identifying and qualifying technologies that provide substantial improvements to engineering designs, industrial processes, and the reduction of life cycle costs associated with the sustainment of DoD weapon systems.
We provide a complete spectrum of System Design, Development, and Lifecycle Support for both software and hardware systems.
http://www.sesincusa.com/
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Building Profile
Address1558 N Woodland Park Dr
Layton, UT 84041
Building Size 7,614 SF
Stories 1
Vacant SF 1,379 SF
Woodland Park - 1558
Woodland P
ark Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
1558 NORTH
Tenants:Steven Morrow (Truepointe Mortgage)
Backman Title Services
Carter Hatch (American Family Insurance)
Floor Plan
#430VACANT
#400TruePointe Mortgage
#410Backman Title
Services
#420American Family
Insurance
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
At TruePointe Mortgage we are passionately committed to providing our clients with the highest level of customer service combined with the lowest possible mortgage rates and fees. Our highly trained and ethical professionals work one on one with each client to ensure they receive custom-tailored solutions to meet their specific financing goals. Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our mortgage loan officers will help you find the right loan with the lowest amount of fees at the best possible rate. We have consistently provided this type of stellar service to our clients since 1997 and have earned the reputation of being Utah’s premier deep discount mortgage lender
http://www.truepointe.com/
Woodland Park - 1558
Tenants
Backman Title Services is one of the largest locally owned and operated title companies in Utah. We focus on best practices to provide safe reliable title work and escrow closings.
Integrity, tradition and trust built our past. Experience, technology and service are building our future.http://backmantitle.com/
American Family Insurance is a private mutual company that focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products. http://www.amfam.com/
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Building Profile
Address1572 N Woodland Park Dr
Layton, UT 84041
Building Size 7,635 SF
Stories 1
Vacant SF 0 SF
Woodland Park - 1572
Woodland P
ark Boulevard
1544 N
1536 N
1528 N
1558 N
1572 N
1572 NORTH
Tenants:Riptide Management
Wright Development
Davis Area Convention & Visitors Bureau
Floor Plan
#500Riptide
Management
#505Wright
Development
#510Davis Area Convention
& Visitor Bureau
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Wright Development Group is a local real estate developer. They have experience in residential and commercial development throughout the Utah market.
The Davis Area Convention and Visitors Bureau is a not-for-profit marketing organization representing the Davis County (Utah) area. We encourage associations, corporations, reunion groups and others - to hold their conventions in the Davis Area. We represent, coordinate and promote travel and tourism-related businesses such as facilities, venues, lodging properties, restaurants, attractions, retail stores and local transportation companies.
We promote the Davis Conference Center with over 78,000 sq. ft. of premier space for conventions, meetings, banquets and expositions.
http://www.visitdavisareautah.com/
Woodland Park - 1558
Tenants
WRIGHT DEVELOPMENT
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Appendix
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Davis County
Davis County is Utah’s smallest county in land area. It is a narrow strip
of land only 223 square miles on the shore of the Great Salt Lake but it
is the third largest county in population. An estimated 248,000 residents
live in the County’s fifteen communities. This area offers some of northern
Utah’s most popular attractions, including the Great Salt Lake, Lagoon
Amusement Park, Cherry Hill Campground and Waterpark, and direct
access to Antelope Island State Park.
The establishment of Hill Air Force Base in northern Davis County and
other defense installations nearby created a surge of civilian employment.
Hill AFB quickly became and remains the state’s largest employer.
Diversification brought rapid post-war growth. By 1990 the population had
reached 188,000 and the 2000 census recorded 238,994. Being the
fastest growing of the four major urban communities along the Wasatch
Front, Davis County is projected to build out with a population of about
360,000 by the year 2030.
Davis County now enjoys a wide mix of people representing many
ethnic, cultural, and religious backgrounds. The communications age has
tied Davis County to the world. Its citizens today are part of an economic
and social pattern that reaches far beyond the County’s tiny geographical
limits.
Today, many nationally known commercial, industrial, recreational,
and service companies provide diversified employment opportunities for
residents of Northern Utah. The Freeport Center is the largest distribution
center in the United States with more than nine million square feet of
covered storage and five million square feet of open storage occupied by
more than 125 nationally renowned companies.
Source: Davis County, Utah
AntelopeIslandBisonHerd
East Gate July 14, 2009
by IBI Group
Project # - 25749
DAVISCOUNTY
Area Information
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Hill Air Force BaseHill Air Force Base (Hill AFB) has played a prominent and important
role in the development of Davis County’s economic base for more
than half a century. As the state and the county’s leading employer,
Hill provides jobs for more than 22,000 military and civilian personnel,
including people directly employed at the base, civilian contractors,
and various other tenant organizations located on the base. In addition
to the salaries paid to the military and civilian force, Hill AFB spends
almost $1.0 billion annually for construction and purchases of various
goods and services.
Hill AFB is an Air Force Materiel Command base of the U.S. Air Force. In its current configuration, Hill AFB
covers almost 6,700 acres, spanning two counties (Davis County and Weber County, with the largest
portion of the base located in Davis).
HistoricalOverview
Hill AFB began as a 3,000 acre supply and maintenance depot officially opened in November 1940 and
officially named Hill Field in honor of Major Ployer T. Hill.1,2
With the onset of World War II, the depot was elevated to command status and employment at the depot
grew to nearly 22,000, some 15,780 civilians and 6,000 military personnel. In 1948 Hill Field became Hill
Air Force Base.3
The Base experienced consolidation following WWII, until the outbreak of hostilities in Korea in 1950. During
the Korean Conflict, employment at the base reached almost 16,000 people in 1952. Following the Korean
Conflict, the depot’s maintenance production lines continued work on jet aircraft such as the F-84, F-89,
F-101, and F-102, and employment at the depot stabilized at around 12,000 people.4
In 1955, the Ogden Arsenal was combined with Hill Field, doubling the size of the base to about 6,700
acres. Starting in1959, the depot became the logistics manager for the Minuteman Intercontinental Ballistic
Missile as well as management and maintenance of the F-101 “Voodoo” and F-4 “Phantom” fighter aircraft.
As Utah became a major player in the missile industry, Hill took on a new profile gaining the, maintenance
responsibilities for the F-16 “Fighting Falcon In the mid-1970s.”5
1. Hill Air Force Base History, available at: www.hill.af.mil/main/library/history.
2. Leonard, Glen M. A History of Davis County. Utah State Historical Society (1999).
3. ibid.
4. Arrington, Leonard and George Jensen. “The Defense Industry of Utah.” Utah State Planning Program Economic and Population Studies
(February 1965).
Area Information
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
HAFB Continued...
In 1982, the center was designated as system manager for the Peacekeeper ICBM. In 1998, Ogden ALC
won the maintenance workload from the Sacramento ALC depot. The center teamed with Boeing for a
public/private contract totaling $1.7 billion over five years to accomplish repair of additional aerospace
commodities along with the A-10 aircraft.6
In 2004, Hill AFB began its Falcon STAR (Structural Augmentation Roadmap) program. The purpose of this
$1 billion program was to ensure that F-16s meet their original expectations and serve beyond the year
2020. Aircraft modifications will continue through 2014, with most of the work performed at Hill AFB. In July
of 2010, the Air Force announced that Hill AFB is one of two preferred bases to receive three of the first
operational squadrons of the F-35 Lightning II, the Joint Strike Fighter that will eventually replace the F-16.7
Outlook
Hill AFB escaped closure under the current recommendations of the Base Closure and Realignment
Commission. In addition to BRAC’s decision to
keep Hill open, the base has received several
assignments that have expanded its role in the Air
Force. Those assignments include upgrading all
356 A-10 Thunderbolt aircraft, and maintenance
for the C-17 Globemaster III aircraft. On July 15th
2009 Hill AFB officially received the award for
maintenance of two Unmanned Aerial Vehicles
(UAV’s), as well as the RQ-4A Global Hawk. In
September 2010 the first 70,000 SF facility
was opened with a second under construction
designated for maintenance on the new F-22A
Raptor, which will eventually replace the F-15.
The expanded assignments at Hill AFB will ensure
the base’s viability well into the future.
5. Crispin, Jan and Pamela Perlich. “Economic, Demographic and Fiscal Impacts of Closing Hill Air Force Base: A Statewide and Regional
Analysis.” Bureau of Economic and Business Research, David Eccles School of Business, University of Utah (April 2004).
6. Hill Air Force Base History, available at: www.hill.af.mil/main/library/history.
7. Economic Report to the Governor: 2005. Governor’s Office of Planning and Budget, available at: www.governor.utah.gov/dea.
Source: Wood, James andJohn Downen. ““The Changing Economic Structure and Current Baseline of Davis County and Municipalities.”
Bureau of Economic and Business Research, David Eccles School of Business, University of Utah (June 2007).
Available at: http://www.co.davis.ut.us/documents/economic_development/davis_county_structureand_changes.pdf
Proposed East Side Master PlanF-22A and UAV Maintenance Facilities
Area Information
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1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
1 Mile
Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 1 mile radius Longitude: -111.98276
Summary Census 2010 2012 2017Population 13,040 13,340 14,345Households 4,624 4,726 5,118Families 3,148 3,158 3,453Average Household Size 2.82 2.82 2.80Owner Occupied Housing Units 2,250 2,111 2,287Renter Occupied Housing Units 2,374 2,616 2,831Median Age 27.6 27.8 28.2
Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.46% 1.72% 0.68%Households 1.61% 1.81% 0.74%Families 1.80% 2.00% 0.72%Owner HHs 1.61% 1.86% 0.91%Median Household Income 3.26% 3.15% 2.55%
2012 2017 Households by Income Number Percent Number Percent
<$15,000 606 12.8% 652 12.7%$15,000 - $24,999 551 11.7% 476 9.3%$25,000 - $34,999 634 13.4% 508 9.9%$35,000 - $49,999 791 16.7% 747 14.6%$50,000 - $74,999 1,098 23.2% 1,133 22.1%$75,000 - $99,999 542 11.5% 888 17.4%$100,000 - $149,999 381 8.1% 536 10.5%$150,000 - $199,999 40 0.8% 74 1.4%$200,000+ 84 1.8% 102 2.0%
Median Household Income $44,782 $52,570Average Household Income $55,152 $63,073Per Capita Income $19,676 $22,645
Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,387 10.6% 1,415 10.6% 1,527 10.6%5 - 9 1,113 8.5% 1,128 8.5% 1,207 8.4%10 - 14 918 7.0% 920 6.9% 996 6.9%15 - 19 953 7.3% 925 6.9% 949 6.6%20 - 24 1,379 10.6% 1,449 10.9% 1,451 10.1%25 - 34 2,637 20.2% 2,751 20.6% 3,006 21.0%35 - 44 1,581 12.1% 1,567 11.7% 1,665 11.6%45 - 54 1,296 9.9% 1,282 9.6% 1,286 9.0%55 - 64 927 7.1% 994 7.5% 1,127 7.9%
65 - 74 488 3.7% 536 4.0% 703 4.9%75 - 84 261 2.0% 265 2.0% 307 2.1%
85+ 98 0.8% 106 0.8% 122 0.9%Census 2010 2012 2017
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,405 79.8% 10,515 78.8% 10,949 76.3%Black Alone 391 3.0% 415 3.1% 490 3.4%American Indian Alone 83 0.6% 106 0.8% 143 1.0%Asian Alone 382 2.9% 401 3.0% 461 3.2%Pacific Islander Alone 132 1.0% 141 1.1% 179 1.2%Some Other Race Alone 1,106 8.5% 1,173 8.8% 1,405 9.8%Two or More Races 541 4.1% 590 4.4% 719 5.0%
Hispanic Origin (Any Race) 2,425 18.6% 2,575 19.3% 3,117 21.7%Data Note: Income is expressed in current dollars.
August 23, 2013
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Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017.
Demographics
26
www.ngacres.com
1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 3 mile radius Longitude: -111.98276
Summary Census 2010 2012 2017Population 79,669 81,944 88,812Households 24,968 25,635 27,961Families 19,382 19,654 21,565Average Household Size 3.12 3.13 3.11Owner Occupied Housing Units 16,536 16,251 17,837Renter Occupied Housing Units 8,432 9,384 10,123Median Age 27.1 27.3 27.8
Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.62% 1.72% 0.68%Households 1.75% 1.81% 0.74%Families 1.87% 2.00% 0.72%Owner HHs 1.88% 1.86% 0.91%Median Household Income 2.67% 3.15% 2.55%
2012 2017 Households by Income Number Percent Number Percent
<$15,000 2,456 9.6% 2,625 9.4%$15,000 - $24,999 2,043 8.0% 1,709 6.1%$25,000 - $34,999 2,644 10.3% 2,103 7.5%$35,000 - $49,999 4,211 16.4% 3,847 13.8%$50,000 - $74,999 6,548 25.5% 6,605 23.6%$75,000 - $99,999 3,336 13.0% 5,217 18.7%$100,000 - $149,999 3,303 12.9% 4,330 15.5%$150,000 - $199,999 635 2.5% 957 3.4%$200,000+ 459 1.8% 567 2.0%
Median Household Income $53,704 $61,271Average Household Income $64,805 $72,963Per Capita Income $20,883 $23,544
Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent
0 - 4 8,767 11.0% 8,995 11.0% 9,774 11.0%5 - 9 8,082 10.1% 8,273 10.1% 8,964 10.1%10 - 14 6,845 8.6% 6,940 8.5% 7,620 8.6%15 - 19 6,406 8.0% 6,303 7.7% 6,528 7.4%20 - 24 6,812 8.6% 7,113 8.7% 7,131 8.0%25 - 34 13,812 17.3% 14,490 17.7% 15,921 17.9%35 - 44 10,072 12.6% 10,104 12.3% 10,857 12.2%45 - 54 8,331 10.5% 8,333 10.2% 8,430 9.5%55 - 64 5,758 7.2% 6,216 7.6% 7,117 8.0%
65 - 74 2,715 3.4% 3,003 3.7% 3,956 4.5%75 - 84 1,522 1.9% 1,573 1.9% 1,817 2.0%
85+ 548 0.7% 600 0.7% 697 0.8%Census 2010 2012 2017
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 67,781 85.1% 69,138 84.4% 73,249 82.5%Black Alone 1,912 2.4% 2,012 2.5% 2,344 2.6%American Indian Alone 499 0.6% 634 0.8% 853 1.0%Asian Alone 1,827 2.3% 1,923 2.3% 2,251 2.5%Pacific Islander Alone 499 0.6% 532 0.6% 676 0.8%Some Other Race Alone 4,276 5.4% 4,549 5.6% 5,506 6.2%Two or More Races 2,875 3.6% 3,157 3.9% 3,933 4.4%
Hispanic Origin (Any Race) 10,292 12.9% 10,962 13.4% 13,459 15.2%Data Note: Income is expressed in current dollars.
August 23, 2013
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Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017.
3 Mile
Demographics
27
www.ngacres.com
1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020
Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 5 mile radius Longitude: -111.98276
Summary Census 2010 2012 2017Population 157,189 162,319 176,926Households 47,555 48,972 53,610Families 38,650 39,416 43,423Average Household Size 3.26 3.27 3.26Owner Occupied Housing Units 35,638 35,464 39,045Renter Occupied Housing Units 11,917 13,508 14,565Median Age 27.9 28.2 28.7
Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.74% 1.72% 0.68%Households 1.83% 1.81% 0.74%Families 1.96% 2.00% 0.72%Owner HHs 1.94% 1.86% 0.91%Median Household Income 3.29% 3.15% 2.55%
2012 2017 Households by Income Number Percent Number Percent
<$15,000 3,924 8.0% 4,110 7.7%$15,000 - $24,999 3,244 6.6% 2,646 4.9%$25,000 - $34,999 4,476 9.1% 3,457 6.4%$35,000 - $49,999 7,209 14.7% 6,392 11.9%$50,000 - $74,999 12,443 25.4% 12,427 23.2%$75,000 - $99,999 7,091 14.5% 10,810 20.2%$100,000 - $149,999 7,974 16.3% 9,925 18.5%$150,000 - $199,999 1,598 3.3% 2,601 4.9%$200,000+ 1,014 2.1% 1,243 2.3%
Median Household Income $58,532 $68,825Average Household Income $70,879 $79,750Per Capita Income $21,721 $24,475
Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent
0 - 4 16,532 10.5% 17,036 10.5% 18,598 10.5%5 - 9 16,359 10.4% 16,829 10.4% 18,334 10.4%10 - 14 14,510 9.2% 14,786 9.1% 16,312 9.2%15 - 19 12,899 8.2% 12,735 7.8% 13,256 7.5%20 - 24 11,227 7.1% 11,781 7.3% 11,838 6.7%25 - 34 24,796 15.8% 26,113 16.1% 28,779 16.3%35 - 44 20,129 12.8% 20,278 12.5% 21,878 12.4%45 - 54 17,572 11.2% 17,665 10.9% 17,940 10.1%55 - 64 12,471 7.9% 13,508 8.3% 15,488 8.8%
65 - 74 6,152 3.9% 6,821 4.2% 8,986 5.1%75 - 84 3,385 2.2% 3,498 2.2% 4,040 2.3%
85+ 1,155 0.7% 1,268 0.8% 1,479 0.8%Census 2010 2012 2017
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 138,515 88.1% 142,090 87.5% 152,044 85.9%Black Alone 2,612 1.7% 2,763 1.7% 3,270 1.8%American Indian Alone 823 0.5% 1,058 0.7% 1,464 0.8%Asian Alone 3,128 2.0% 3,310 2.0% 3,914 2.2%Pacific Islander Alone 773 0.5% 826 0.5% 1,071 0.6%Some Other Race Alone 6,471 4.1% 6,898 4.2% 8,403 4.7%Two or More Races 4,867 3.1% 5,374 3.3% 6,760 3.8%
Hispanic Origin (Any Race) 16,152 10.3% 17,261 10.6% 21,357 12.1%Data Note: Income is expressed in current dollars.
August 23, 2013
Made with Esri Business Analyst
©2013 Esri www.esri.com/ba 800-447-9778 Try it Now! Page 5 of 6
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2012 and 2017.
5 Mile
Demographics
28
www.ngacres.com
1755 East 1450 South Ste. 100 | Clearfield, UT 84015Office 801.927.2000 l Fax 801.416.1020