1300 s 2nd st for lease mount vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi...

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FOR Lease 1300 S 2nd St 1,296 +/- sf building that can be used for retail or office Most recently operated as restaurant; equipment remains Convenient access to I-5 exit 226/Kincaid Located at the south end of downtown Mount Vernon core Zoned C-2: General Commercial District $10 psf NNN CBA ID #612764 Mount Vernon, wa Jarrod Ball Learned Commercial, Inc. 108 Gilkey Road, Burlington, WA 98233 360.757.3888 [email protected] All info deemed reliable however verification recommended.

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Page 1: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

FOR Lease 1300 S 2nd St

• 1,296 +/- sf building that can be used for retail or office

• Most recently operated as restaurant; equipment remains

• Convenient access to I-5 exit 226/Kincaid

• Located at the south end of downtown Mount Vernon core

• Zoned C-2: General Commercial District

• $10 psf NNN CBA ID #612764

Mount Vernon, wa

Jarrod Ball

Learned Commercial, Inc.

108 Gilkey Road, Burlington, WA 98233

360.757.3888

[email protected]

All info deemed reliable however verification recommended.

Page 2: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n
Page 3: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

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Page 4: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

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Page 6: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

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Page 7: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

Executive Summary1300 S 2nd St, Mount Vernon, Washington, 98273 Prepared by EsriRings: 5, 10, 15 mile radii Latitude: 48.41268

Longitude: -122.33781

5 miles 10 miles 15 milesPopulation

2000 Population 43,715 71,439 115,0442010 Population 51,251 82,653 131,2192018 Population 54,741 87,762 139,6082023 Population 57,550 92,099 146,8402000-2010 Annual Rate 1.60% 1.47% 1.32%2010-2018 Annual Rate 0.80% 0.73% 0.75%2018-2023 Annual Rate 1.01% 0.97% 1.02%2018 Male Population 49.5% 49.6% 49.7%2018 Female Population 50.5% 50.4% 50.3%2018 Median Age 35.4 38.2 40.7

In the identified area, the current year population is 139,608. In 2010, the Census count in the area was 131,219. The rate of change since 2010 was 0.75% annually. The five-year projection for the population in the area is 146,840 representing a change of 1.02% annually from 2018 to 2023. Currently, the population is 49.7% male and 50.3% female.

Median Age

The median age in this area is 35.4, compared to U.S. median age of 38.3.Race and Ethnicity

2018 White Alone 73.0% 77.6% 81.6%2018 Black Alone 1.1% 0.9% 1.1%2018 American Indian/Alaska Native Alone 1.6% 2.3% 2.0%2018 Asian Alone 3.0% 2.4% 2.3%2018 Pacific Islander Alone 0.3% 0.3% 0.3%2018 Other Race 16.9% 12.7% 8.8%2018 Two or More Races 4.1% 3.8% 3.9%2018 Hispanic Origin (Any Race) 31.5% 24.0% 17.5%

Persons of Hispanic origin represent 17.5% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 52.5 in the identified area, compared to 64.3 for the U.S. as a whole.

Households2000 Households 15,714 26,269 42,7652010 Households 18,665 30,994 50,3832018 Total Households 19,712 32,534 53,0612023 Total Households 20,661 34,024 55,6252000-2010 Annual Rate 1.74% 1.67% 1.65%2010-2018 Annual Rate 0.66% 0.59% 0.63%2018-2023 Annual Rate 0.94% 0.90% 0.95%2018 Average Household Size 2.73 2.66 2.60

The household count in this area has changed from 50,383 in 2010 to 53,061 in the current year, a change of 0.63% annually. The five-year projection of households is 55,625, a change of 0.95% annually from the current year total. Average household size is currently 2.60, compared to 2.57 in the year 2010. The number of families in the current year is 36,141 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.

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Page 8: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

Executive Summary1300 S 2nd St, Mount Vernon, Washington, 98273 Prepared by EsriRings: 5, 10, 15 mile radii Latitude: 48.41268

Longitude: -122.33781

5 miles 10 miles 15 milesMedian Household Income

2018 Median Household Income $59,000 $62,187 $66,1052023 Median Household Income $69,030 $73,659 $77,3902018-2023 Annual Rate 3.19% 3.44% 3.20%

Average Household Income

2018 Average Household Income $76,606 $79,786 $84,6812023 Average Household Income $89,857 $93,498 $98,6972018-2023 Annual Rate 3.24% 3.22% 3.11%

Per Capita Income2018 Per Capita Income $28,155 $30,040 $32,6432023 Per Capita Income $32,818 $34,989 $37,8312018-2023 Annual Rate 3.11% 3.10% 2.99%

Households by IncomeCurrent median household income is $66,105 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $77,390 in five years, compared to $65,727 for all U.S. households

Current average household income is $84,681 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $98,697 in five years, compared to $96,109 for all U.S. households

Current per capita income is $32,643 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $37,831 in five years, compared to $36,530 for all U.S. households Housing

2000 Total Housing Units 16,464 27,852 45,9662000 Owner Occupied Housing Units 9,855 17,618 29,7532000 Renter Occupied Housing Units 5,859 8,650 13,0122000 Vacant Housing Units 750 1,584 3,201

2010 Total Housing Units 19,889 33,531 55,2142010 Owner Occupied Housing Units 11,478 20,320 34,3602010 Renter Occupied Housing Units 7,187 10,674 16,0232010 Vacant Housing Units 1,224 2,537 4,831

2018 Total Housing Units 20,974 35,202 58,1242018 Owner Occupied Housing Units 12,200 21,334 35,9642018 Renter Occupied Housing Units 7,512 11,200 17,0972018 Vacant Housing Units 1,262 2,668 5,063

2023 Total Housing Units 21,905 36,729 60,7972023 Owner Occupied Housing Units 13,137 22,821 38,4612023 Renter Occupied Housing Units 7,524 11,203 17,1642023 Vacant Housing Units 1,244 2,705 5,172

Currently, 61.9% of the 58,124 housing units in the area are owner occupied; 29.4%, renter occupied; and 8.7% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 55,214 housing units in the area - 62.2% owner occupied, 29.0% renter occupied, and 8.7% vacant. The annual rate of change in housing units since 2010 is 2.31%. Median home value in the area is $349,839, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 4.82% annually to $442,735.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.

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Page 10: 1300 S 2nd St FOR Lease Mount Vernon, wa · 1300 s 2nd st for lease ... pa rk s t s 6 t h s t mi lwa uk e st st u n io n s t b l a c k b e r r y d r v i r g i n i a t w se cti o n

Traffic Count Map - Close Up1300 S 2nd St, Mount Vernon, Washington, 98273 Prepared by EsriRings: 5, 10, 15 mile radii Latitude: 48.41268

Longitude: -122.33781

Source: ©2019 Kalibrate Technologies (Q4 2018).

May 28, 2019

©2019 Esri Page 1 of 1