for lease - loopnet...comprised of 175 residential units, 30,000 sf of commercial/office space, and...

Campana Waltz Commercial Real Estate, LLC

Ron A. Campana, Jr.

11832 Fishing Point Drive, Suite 400

Newport News, Virginia 23606

757.327.0333

[email protected]

www.CampanaWaltz.com

This information was obtained from sources deemed to be reliable, but is not warranted.

This offer subject to errors and omissions, or withdrawal, without notice.

FOR ADDITIONAL INFORMATION, PLEASE CONTACT:

For LeaseCandle Factory Retail & Industrial

7521 Richmond Road

Williamsburg, Virginia

mailto:[email protected]

http://www.campanawaltz.com/

FOR LEASE

Candle Factory Retail/Industrial Complex 7521 Richmond Road

Williamsburg, Virginia 23188

Description: Highly Visible Retail/Warehouse opportunity located in the

Lightfoot area of Williamsburg. The property is adjacent to a ± 52

acre mixed use development, Candle Station, which will be

comprised of 175 residential units, 30,000 SF of commercial/office

space, and a 90,000 SF assisted living facility. The property has

access to the lit intersection of Croaker Road & Richmond Road.

2017 Richmond Road Traffic Count: ±21,000 vehicles per day.

Available Suites: Retail- 7521 Suite E: 3,500 Square Feet

Industrial- 7521 Suite F: 4,139 Square Feet

Built: 1964

Lease Rate: Retail: $10.00/ Square Foot- Modified Gross

Industrial: $6.00/ Square Foot- Modified Gross

Zoning: M-1: Limited Business/Industrial

Additional Information: Floor Plans

Location Map

M-1 Zoning Matrix

Demographics

For Additional Information, Please Contact:

Ron A. Campana, Jr.


11832 Fishing Point Drive, Suite 400

Newport News, Virginia, 23606

757.327.0333

[email protected]

www.CampanaWaltz.com


This offer subject to errors and omissions or withdrawal without notice.

mailto:[email protected]

http://www.campanawaltz.com/



Candle Factory Retail

Available Retail Space: ± 3,500 square feet

The available retail space is outlined in red.

For illustration purposes only.



Candle Factory Industrial

Available Industrial Space: ± 4,460 square feet

The available industrial space is outlined in red.




Candle Factory Retail & Industrial

7521 Richmond Road, Williamsburg, Virginia



Candle Factory Retail & Industrial7521 Richmond Road




Candle Factory Retail & Industrial7521 Richmond Road


The property is outlined in purple and highlighted in yellow.





7521 Richmond Road, Williamsburg, Virginia

Sec. 24-411. - Use list.

Reference section 24-11 for special use permit requirements for certain commercial uses and exemptions.

In the Limited Business/Industrial District, M-1, buildings to be erected or land to be used shall be for one or more of the following or similar uses:

Use

Category Use List

Permitted

Uses

Specially

Permitted

Uses

Residential

An apartment or living quarters for a guard, caretaker,

proprietor or the person employed on the premises, which is

clearly secondary to the commercial or industrial use of the

property

P

Commercial Accessory uses and structures as defined in section 24-2 P

Adult day care centers P

Antique shops P

Arts and crafts, hobby and handicraft shops P

Auction houses P

Bakeries or fish markets P

Banks and other financial institutions P

Barber shops and beauty salons P

Business and professional offices P

Catering and meal preparation P

Child day care centers P

Contractor offices, equipment storage yards, shops and

warehouses (with materials and equipment storage limited to a

fully enclosed building or screened with landscaping and

P

fencing with a maximum height of 12 feet from adjacent

property)

Convenience stores; if fuel is sold, then in accordance with

section 24-38 SUP

Convention centers P

Courier services P

Data processing centers P

Drug stores P

Dry cleaners and laundries P

Farmer's market P

Fast food restaurants SUP

Feed, seed and farm supply stores P

Firearms sales and service P

Firing and shooting ranges (limited to a fully enclosed building) P

Funeral homes P

Gift and souvenir stores P

Grocery stores P

Health and exercise clubs, fitness centers P

Heliports, helistops and accessory uses SUP

Hospitals SUP

Hotels and motels with accessory retail sales, barber shops and

beauty shops located within the hotel or motel, for the

principal benefit of the resident guest

P

Indoor centers of amusement including billiard halls, arcades,

pool rooms, bowling alleys, dance clubs and bingo halls P

Indoor sport facilities, including firing and shooting ranges P

Indoor theaters P

Janitorial service establishments P

Kennels and animal boarding facilities P

Laboratories, research and development centers P

Laser technology production P

Limousine services (with maintenance limited to a fully

enclosed building) P

Lodges, civic clubs, fraternal organizations and service clubs P

Lumber and building supply (with storage limited to a fully

enclosed building or screened with landscaping and fencing

with a maximum height of 12 feet from adjacent property)

P

Machinery sales and service (with storage and repair limited to

a fully enclosed building or screened from adjacent property

with landscaping and fencing with a maximum height of 12

feet)

P

Marinas, docks, piers, yacht clubs, boat basins, boat storage

and servicing, repair and sale facilities for the same; if fuel is

sold, then in accordance with section 24-38

P

Marine or waterfront businesses to include the receipt, storage

and transshipment of waterborne commerce or seafood

receiving, packaging or distribution

P

Medical clinics or offices, including emergency care and first aid

centers P

Mobile Food Vending Vehicles in accordance with section 24-49 P

Museums P

New and/or rebuilt automotive parts sales (with storage limited

to a fully enclosed building or screened from adjacent property

with landscaping and fencing with a maximum height of 12

feet)

P

Nursing homes SUP

Nurseries P

Off-street parking as required by article II, division 2 of this

chapter P

Office supply stores P

Outdoor centers of amusement, including miniature golf,

bumper boats and waterslide parks SUP

Outdoor sports facilities, including golf courses, driving ranges,

batting cages and skate parks, with water and sewer facilities

for golf courses as approved by the board of supervisors

SUP

Parking lots, structures or garages P

Pawnshops SUP

Payday/title loan establishments SUP

Pet stores and pet supply sales P

Photography, artist and sculptor stores and studios P

Plumbing and electrical supply and sales (with storage limited

to a fully enclosed building or screened with landscaping and P

fencing with a maximum height of 12 feet from adjacent

property)

Printing, mailing, lithographing, engraving, photocopying,

blueprinting and publishing establishments P

Private streets within "qualifying industrial parks" in accordance

with section 24-62 P

Radio and television stations and accessory antenna or towers,

self supported, (not attached to buildings) which are 60 feet

less in height

P

Research, development and design facilities or laboratories P

Restaurants, tea rooms, coffee shops, and taverns, not to

include fast food restaurants P

Retail and service stores, including the following stores: alcohol,

appliances, books, cabinets, cameras, candy, carpet, coin,

department, dressmaking, electronics, florist, furniture, furrier,

garden supply, gourmet foods, greeting card, hardware, home

appliance, health and beauty aids, ice cream, jewelry,

locksmith, music, optical goods, paint, pet, picture framing,

plant supply, shoes, sporting goods, stamps, tailor, tobacco and

pipes, toys, travel agencies, upholstery, variety, wearing

apparel, and yard goods

P

Retail food stores P

Security service offices P

Small-scale alcohol production P

Tattoo parlors SUP

Taxi service P

Theme parks greater than 10 acres in size SUP

Truck stops; if fuel is sold, then in accordance with section 24-

38 SUP

Truck terminals; if fuel is sold, then in accordance with section

24-38 SUP

Vehicle and trailer sales and service (with major repair limited

to a fully enclosed building and screened from adjacent

property by landscaping and fencing with a maximum height of

12 feet)

P

Vehicle repair and service, including tire, transmission, glass,

body and fender, and other automotive product sales, new

and/or rebuilt (with major repair limited to a fully enclosed

building and storage of parts and vehicles screened from

adjacent property by landscaping and fencing with a maximum

height of 12 feet)

P

Vehicle rentals P

Vehicle service stations; if fuel is sold, then in accordance with

section 24-38 P

Veterinary hospitals (with all activities limited to a fully

enclosed building with the exception of supervised animal

exercise)

P

Warehousing, wholesaling, storage and distribution centers

(with storage limited to a fully enclosed building or screened by

landscaping and fencing with a maximum height of 12 feet from

adjacent property)

P

Water impoundments, new or expansion of, less than 50 acres

and with dam heights of less than 25 feet P

Water impoundments, new or expansion of, greater than 50

acres, or with dam heights of less than 25 feet or more SUP

Water well drilling establishments P

Welding and machine shops (with storage limited to a fully

enclosed building or screened from adjacent property with

landscaping and fencing with a maximum height of 12 feet)

P

Civic Fire stations P

Governmental offices P

Libraries P

Nonemergency medical transport P

Places of public assembly P

Post offices P

Schools SUP

Utility

Communications facilities (public or private), including, but not

limited to, antennas, towers and support structures up to a

height of 40 feet; or multi-antenna systems up to a height of 60

feet. All facilities shall comply with article II, division 6 of this

chapter.

P


limited to, antennas, towers and support structures greater

than a height of 40 feet; or multi-antenna systems greater than

a height of 60 feet. All facilities shall comply with article II,

division 6 of this chapter.

SUP


limited to, antennas, towers, and support structures, that utilize

alternative mounting structures and/or are camouflaged. All

facilities shall comply with article II, division 6 of this chapter.

P

Electrical generation facilities (public or private), steam

generation facilities, electrical substations with a capacity of

5,000 kilovolt amperes or more and electrical transmission lines

capable of transmitting 69 kilovolts or more

SUP

Railroad facilities including tracks, bridges and switching

stations. Spur lines which are to serve and are accessory to

existing or proposed development adjacent to existing railroad

rights-of-way and track and safety improvements in existing

railroad rights-of-way, are permitted generally and shall not

require a special use permit

SUP

Telephone exchanges and telephone switching stations P

Transmission pipelines, public or private, including pumping

stations and accessory storage, for natural gas, propane gas,

petroleum products, chemicals, slurry coal and any other gases,

liquids or solids. Extensions for private connections to existing

pipelines, which are intended to serve an individual residential

or commercial customer and which are accessory to existing or

proposed development, are permitted generally and shall not

require a special use permit

SUP

Water facilities (public or private) and sewer facilities (public),

including, but not limited to, treatment plants, pumping

stations, storage facilities and transmission mains, wells and

associated equipment, such as pumps to be owned and

operated by political jurisdictions. The following are permitted

generally and shall not require a special use permit:

SUP

(a) Private connections to existing mains that are intended to

serve an individual customer and that are accessory to existing

or proposed development, with no additional connections to be

made to the line; and

(b) Distribution lines and local facilities within a development,

including pump stations

Open Timbering, in accordance with section 24-43 P

Industrial

Heavy equipment sales and service (with major repair limited to

a fully enclosed building or screened with landscaping and

fencing from adjacent property)

P

Industrial dry cleaners or laundries P

Industrial or technical training centers or schools P

Manufacture and assembly of musical instruments, toys,

novelties, and rubber and metal stamps P

Manufacture and bottling of soft drinks, water and alcoholic

beverages P

Manufacture and processing of textiles and textile products P

Manufacture and storage of ice, including dry ice P

Manufacture, assembly, or fabrication of sheet metal products P

Manufacture, compounding, assembly or treatment of products

made from previously prepared paper, plastic, metal, textiles,

tobacco, wood, paint, fiber, glass, rubber, leather, cellophane,

felt, fur, horn, wax, hair, yarn, and stone

P

Manufacture, compounding, processing and packaging of

cosmetics, toiletries and pharmaceutical products P

Manufacture, compounding, processing or packaging of food

and food products, but not the slaughter of animals SUP

Manufacture of cans and other products from previously

processed metals P

Manufacture of carpets and carpet yarns P

Manufacture of furniture P

Manufacture of glass and glass products P

Manufacture of pottery and ceramic products using kilns fired

by gas or electricity P

Manufacture or assembly of appliances, tools, firearms,

hardware products and heating, cooling or ventilation

equipment

P

Manufacture or assembly of electronic instruments, electronic

devices or electronic components P

Manufacture or assembly of medical, drafting, metering,

marine, photographic and mechanical instruments and

equipment

P

Manufactured home or mobile home sales P

Petroleum storage and retail distribution SUP

Processing, assembly and manufacture of light industrial

products or components (with all storage, processing, assembly

and manufacture conducted indoors or under cover, with no

dust, noise, odor or other objectionable effect)

SUP

Propane storage, distribution or sale SUP

Recycling center or plant P

Resource recovery facilities SUP

Solid waste transfer stations and container sites, public or

private SUP

Waste disposal facilities SUP

(Ord. No. 31A-88, § 20-88, 4-8-85; Ord. No. 31A-110, 9-12-88; Ord. No. 31A-128, 12-3-90;

Ord. No. 31A-144, 6-1-92; Ord. No. 31A-146, 8-3-92; Ord. No. 31A-150, 4-5-93; Ord. No. 31A-

152, 8-16-93; Ord. No. 31A-167, 3-26-96; Ord. No. 31A-176, 5-26-98; Ord. No. 31A-177, 8-18-

98; Ord. No. 31A-208, 8-13-02; Ord. No. 31A-214, 8-10-04; Ord. No. 31A-236, 8-12-08; Ord.

No. 31A-263, 1-10-12; Ord. No. 31A-287, 4-9-13; Ord. No. 31A-291, 8-13-13; Ord. No. 31A-

298 , 6-9-15; Ord. No. 31A-322 , 11-8-16; Ord. No. 31A-323 , 11-8-16)

http://newords.municode.com/readordinance.aspx?ordinanceid=717139&datasource=ordbank




93.8%

-

4,139 SF

7,639 SF

24.43 AC

123,287 SF

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total Available:

Land Area:

RBA:

Building Type:

Rent/SF/Yr: $6.00

Street Cross Street Cross Str DistCountYear

Avg DailyVolume

VolumeType

Miles fromSubject Prop

1 Richmond Rd Acorn St 0.01 NW 2017 21,000 MPSI .09

2 Richmond Rd Acorn St 0.07 SE 2011 20,000 AADT .11

3 Old Church Rd Richmond Rd 0.02 NE 2017 210 MPSI .19

4 Norge Ln Richmond Rd 0.08 SW 2017 2,100 MPSI .21

5 Croaker Rd Richmond Rd 0.19 SW 2017 9,800 MPSI .30

6 Richmond Rd Oakland Dr 0.05 NW 2017 15,000 MPSI .35

7 Farmville Ln Oslo Ct 0.02 NE 2017 720 MPSI .37

8 Farmville Ln Richmond Rd 0.03 NE 2016 1,000 MPSI .37

9 Farmville Ln Laurel Ln 0.03 SW 2017 1,000 MPSI .37

10 Farmville Ln Powhatan Dr 0.01 SW 2017 550 MPSI .40

Traffic Count Report

Williamsburg Candle Factory7521 Richmond Rd, Williamsburg, VA 23188

Copyrighted report licensed to Campana Waltz - 465013.3/6/2019

Page 1

93.8%

-

4,139 SF

7,639 SF

24.43 AC

123,287 SF

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total

Land Area:

RBA:

Building Type:

Rent/SF/Yr: $6.00

Radius 1 Mile 3 Mile 5 Mile

Population

2023 Projection 2,225 12,572 32,503

2018 Estimate 2,049 11,624 30,227

2010 Census 1,733 10,045 26,911

Growth 2018 - 2023 8.59% 8.16% 7.53%

Growth 2010 - 2018 18.23% 15.72% 12.32%

2018 Population by Age 2,049 11,624 30,227

Age 0 - 4 102 4.98% 583 5.02% 1,604 5.31%

Age 5 - 9 111 5.42% 638 5.49% 1,716 5.68%

Age 10 - 14 121 5.91% 715 6.15% 1,893 6.26%

Age 15 - 19 119 5.81% 716 6.16% 1,914 6.33%

Age 20 - 24 106 5.17% 633 5.45% 1,727 5.71%

Age 25 - 29 102 4.98% 588 5.06% 1,624 5.37%

Age 30 - 34 105 5.12% 589 5.07% 1,624 5.37%

Age 35 - 39 112 5.47% 627 5.39% 1,665 5.51%

Age 40 - 44 120 5.86% 686 5.90% 1,753 5.80%

Age 45 - 49 130 6.34% 764 6.57% 1,925 6.37%

Age 50 - 54 140 6.83% 839 7.22% 2,100 6.95%

Age 55 - 59 145 7.08% 851 7.32% 2,104 6.96%

Age 60 - 64 148 7.22% 836 7.19% 2,056 6.80%

Age 65 - 69 152 7.42% 825 7.10% 2,037 6.74%

Age 70 - 74 135 6.59% 701 6.03% 1,751 5.79%

Age 75 - 79 97 4.73% 495 4.26% 1,264 4.18%

Age 80 - 84 60 2.93% 303 2.61% 808 2.67%

Age 85+ 45 2.20% 235 2.02% 664 2.20%

Age 65+ 489 23.87% 2,559 22.01% 6,524 21.58%

Median Age 46.00 45.20 43.80

Average Age 43.50 42.70 42.10

Demographic Detail Report



Page 2




2018 Population By Race 2,049 11,624 30,227

White 1,617 78.92% 9,244 79.53% 23,479 77.68%

Black 334 16.30% 1,795 15.44% 4,989 16.51%

Am. Indian & Alaskan 10 0.49% 58 0.50% 140 0.46%

Asian 33 1.61% 209 1.80% 696 2.30%

Hawaiian & Pacific Island 0 0.00% 5 0.04% 22 0.07%

Other 55 2.68% 312 2.68% 901 2.98%

Population by Hispanic Origin 2,049 11,624 30,227

Non-Hispanic Origin 1,942 94.78% 11,026 94.86% 28,567 94.51%

Hispanic Origin 107 5.22% 598 5.14% 1,660 5.49%

2018 Median Age, Male 44.30 43.80 42.20

2018 Average Age, Male 42.40 41.80 41.10

2018 Median Age, Female 47.70 46.50 45.30

2018 Average Age, Female 44.60 43.60 43.00

2018 Population by OccupationClassification

1,691 9,544 24,630

Civilian Employed 976 57.72% 5,634 59.03% 14,048 57.04%

Civilian Unemployed 41 2.42% 247 2.59% 637 2.59%

Civilian Non-Labor Force 647 38.26% 3,505 36.72% 9,481 38.49%

Armed Forces 27 1.60% 158 1.66% 464 1.88%

Households by Marital Status

Married 485 2,768 7,124

Married No Children 335 1,822 4,646

Married w/Children 150 946 2,478

2018 Population by Education 1,610 8,942 22,954

Some High School, No Diploma 75 4.66% 525 5.87% 1,852 8.07%

High School Grad (Incl Equivalency) 292 18.14% 1,767 19.76% 4,899 21.34%

Some College, No Degree 477 29.63% 2,564 28.67% 5,959 25.96%

Associate Degree 119 7.39% 602 6.73% 1,580 6.88%

Bachelor Degree 397 24.66% 2,096 23.44% 5,108 22.25%

Advanced Degree 250 15.53% 1,388 15.52% 3,556 15.49%


Page 3




2018 Population by Occupation 1,777 10,299 25,763

Real Estate & Finance 43 2.42% 243 2.36% 591 2.29%

Professional & Management 513 28.87% 2,911 28.26% 7,159 27.79%

Public Administration 88 4.95% 585 5.68% 1,396 5.42%

Education & Health 199 11.20% 1,244 12.08% 3,730 14.48%

Services 128 7.20% 817 7.93% 2,860 11.10%

Information 24 1.35% 112 1.09% 301 1.17%

Sales 268 15.08% 1,540 14.95% 3,493 13.56%

Transportation 13 0.73% 54 0.52% 101 0.39%

Retail 120 6.75% 661 6.42% 1,520 5.90%

Wholesale 31 1.74% 159 1.54% 285 1.11%

Manufacturing 84 4.73% 445 4.32% 1,038 4.03%

Production 92 5.18% 491 4.77% 1,040 4.04%

Construction 75 4.22% 463 4.50% 855 3.32%

Utilities 34 1.91% 194 1.88% 358 1.39%

Agriculture & Mining 0 0.00% 26 0.25% 233 0.90%

Farming, Fishing, Forestry 0 0.00% 8 0.08% 121 0.47%

Other Services 65 3.66% 346 3.36% 682 2.65%

2018 Worker Travel Time to Job 958 5,543 13,928

<30 Minutes 602 62.84% 3,478 62.75% 9,004 64.65%

30-60 Minutes 245 25.57% 1,514 27.31% 3,902 28.02%

60+ Minutes 111 11.59% 551 9.94% 1,022 7.34%

2010 Households by HH Size 698 3,922 10,571

1-Person Households 140 20.06% 734 18.71% 2,070 19.58%

2-Person Households 306 43.84% 1,650 42.07% 4,388 41.51%



5-Person Households 34 4.87% 205 5.23% 553 5.23%

6-Person Households 11 1.58% 73 1.86% 187 1.77%

7 or more Person Households 7 1.00% 47 1.20% 110 1.04%

2018 Average Household Size 2.50 2.50 2.50

Households

2023 Projection 896 4,902 12,720

2018 Estimate 825 4,532 11,833

2010 Census 699 3,923 10,571

Growth 2018 - 2023 8.61% 8.16% 7.50%

Growth 2010 - 2018 18.03% 15.52% 11.94%


Page 4




2018 Households by HH Income 825 4,530 11,834

<$25,000 97 11.76% 551 12.16% 1,570 13.27%

$25,000 - $50,000 139 16.85% 696 15.36% 2,003 16.93%

$50,000 - $75,000 110 13.33% 631 13.93% 1,813 15.32%

$75,000 - $100,000 135 16.36% 723 15.96% 1,921 16.23%

$100,000 - $125,000 110 13.33% 656 14.48% 1,676 14.16%

$125,000 - $150,000 91 11.03% 494 10.91% 1,122 9.48%

$150,000 - $200,000 103 12.48% 515 11.37% 1,048 8.86%

$200,000+ 40 4.85% 264 5.83% 681 5.75%

2018 Avg Household Income $97,835 $99,280 $94,162

2018 Med Household Income $87,314 $88,381 $81,910

2018 Occupied Housing 825 4,531 11,833

Owner Occupied 678 82.18% 3,755 82.87% 9,092 76.84%

Renter Occupied 147 17.82% 776 17.13% 2,741 23.16%

2010 Housing Units 855 4,717 12,812

1 Unit 783 91.58% 4,372 92.69% 10,637 83.02%

2 - 4 Units 25 2.92% 124 2.63% 624 4.87%

5 - 19 Units 47 5.50% 217 4.60% 1,422 11.10%

20+ Units 0 0.00% 4 0.08% 129 1.01%

2018 Housing Value 678 3,756 9,091

<$100,000 26 3.83% 125 3.33% 321 3.53%

$100,000 - $200,000 75 11.06% 465 12.38% 1,249 13.74%

$200,000 - $300,000 268 39.53% 1,316 35.04% 2,715 29.86%

$300,000 - $400,000 163 24.04% 854 22.74% 2,058 22.64%

$400,000 - $500,000 104 15.34% 559 14.88% 1,342 14.76%

$500,000 - $1,000,000 42 6.19% 419 11.16% 1,306 14.37%

$1,000,000+ 0 0.00% 18 0.48% 100 1.10%

2018 Median Home Value $288,805 $297,871 $312,658

2018 Housing Units by Yr Built 879 4,872 13,131

Built 2010+ 131 14.90% 641 13.16% 1,279 9.74%

Built 2000 - 2010 316 35.95% 1,636 33.58% 4,413 33.61%

Built 1990 - 1999 110 12.51% 665 13.65% 2,406 18.32%

Built 1980 - 1989 136 15.47% 832 17.08% 2,319 17.66%

Built 1970 - 1979 96 10.92% 570 11.70% 1,539 11.72%

Built 1960 - 1969 38 4.32% 207 4.25% 561 4.27%

Built 1950 - 1959 26 2.96% 160 3.28% 299 2.28%

Built <1949 26 2.96% 161 3.30% 315 2.40%

2018 Median Year Built 1999 1997 1995


Page 5

Type:County:

Industrial/WarehouseJames City

1 Mile

County

Population Growth Household Growth

2018 Med Household Inc 2018 Households by Household Income

2018 Median Age 2018 Population by Race

2018 Renter vs. Owner 2018 Employed vs. Unemployed

Type: Industrial/Warehouse

Demographic Market Comparison Report 1 mile radius



Page 6

Type:County:

Industrial/WarehouseJames City

1 Mile County

Population Growth

2018 Population by Race 2,048 75,989

Household Growth

2018 Households by Household Income 825 30,482

Growth 2010 - 2018 18.23% 13.40%

Growth 2018 - 2023 8.59% 7.99%

95.97% 96.21% Empl 976 34,810

4.03% 3.79% Unempl 41 1,373

78.96% 80.42% White 1,617 61,110

16.31% 13.58% Black 334 10,321

0.49% 0.40% Am. Indian & Alaskan 10 303

1.56% 2.81% Asian 32 2,136

0.00% 0.08% Hawaiian & Pacific Island 0 62

2.69% 2.71% Other 55 2,057

Growth 2010 - 2018 18.03% 13.48%

Growth 2018 - 2023 8.61% 8.01%

17.82% 24.07%Renter Occupied 147 7,336

82.18% 75.93%Owner Occupied 678 23,146

11.76% 13.19%Income <$25K 97 4,020

16.85% 16.16%Income $25K - $50K 139 4,926

13.33% 14.03%Income $50K - $75K 110 4,277

16.36% 14.27%Income $75K - $100K 135 4,351

13.33% 12.87%Income $100K - $125K 110 3,923

11.03% 9.87%Income $125K - $150K 91 3,008

12.48% 9.30%Income $150K - $200K 103 2,834

4.85% 10.31%Income $200K+ 40 3,143

2018 Med Household Inc $87,314 $86,595

2018 Median Age 46.00 46.00

Demographic Market Comparison Report 1 mile radius



Page 7

93.8%

-

4,139 SF

7,639 SF

24.43 AC

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total Available:

Land Area:

Building Type:

Rent/SF/Yr: $6.00

123,287 SFRBA:


Population

2023 Projection 2,225 12,572 32,503

2018 Estimate 2,049 11,624 30,227

2010 Census 1,733 10,045 26,911

Growth 2018 - 2023 8.59% 8.16% 7.53%

Growth 2010 - 2018 18.23% 15.72% 12.32%

2018 Population by Hispanic Origin 106 598 1,661

2018 Population 2,049 11,624 30,227

White 1,617 78.92% 9,244 79.53% 23,479 77.68%

Black 334 16.30% 1,795 15.44% 4,989 16.51%


Asian 33 1.61% 209 1.80% 696 2.30%

Hawaiian & Pacific Island 0 0.00% 5 0.04% 22 0.07%

Other 55 2.68% 312 2.68% 901 2.98%

U.S. Armed Forces 30 173 502

Households

2023 Projection 896 4,902 12,720

2018 Estimate 825 4,532 11,833

2010 Census 699 3,923 10,571

Growth 2018 - 2023 8.61% 8.16% 7.50%

Growth 2010 - 2018 18.03% 15.52% 11.94%

Owner Occupied 678 82.18% 3,755 82.86% 9,092 76.84%

Renter Occupied 147 17.82% 776 17.12% 2,741 23.16%

2018 Households by HH Income 825 4,530 11,834

Income: <$25,000 97 11.76% 551 12.16% 1,570 13.27%

Income: $25,000 - $50,000 139 16.85% 696 15.36% 2,003 16.93%

Income: $50,000 - $75,000 110 13.33% 631 13.93% 1,813 15.32%

Income: $75,000 - $100,000 135 16.36% 723 15.96% 1,921 16.23%

Income: $100,000 - $125,000 110 13.33% 656 14.48% 1,676 14.16%

Income: $125,000 - $150,000 91 11.03% 494 10.91% 1,122 9.48%

Income: $150,000 - $200,000 103 12.48% 515 11.37% 1,048 8.86%

Income: $200,000+ 40 4.85% 264 5.83% 681 5.75%

2018 Avg Household Income $97,835 $99,280 $94,162

2018 Med Household Income $87,314 $88,381 $81,910

Demographic Summary Report



Page 8

93.8%

-

4,139 SF

7,639 SF

24.43 AC

123,287 SF

Industrial

% Leased:

Office Avail:

Warehse Avail:

Total Available:

Land Area:

RBA:

Building Type:

Rent/SF/Yr: $6.00

Description 2010 2018 2023Population 1,733 2,049 2,225

Age 0 - 4 97 5.60% 102 4.98% 115 5.17%

Age 5 - 9 102 5.89% 111 5.42% 116 5.21%

Age 10 - 14 108 6.23% 121 5.91% 123 5.53%

Age 15 - 19 100 5.77% 119 5.81% 128 5.75%

Age 20 - 24 74 4.27% 106 5.17% 125 5.62%

Age 25 - 29 88 5.08% 102 4.98% 118 5.30%

Age 30 - 34 83 4.79% 105 5.12% 114 5.12%

Age 35 - 39 113 6.52% 112 5.47% 117 5.26%

Age 40 - 44 116 6.69% 120 5.86% 123 5.53%

Age 45 - 49 132 7.62% 130 6.34% 131 5.89%

Age 50 - 54 134 7.73% 140 6.83% 140 6.29%

Age 55 - 59 133 7.67% 145 7.08% 147 6.61%

Age 60 - 64 131 7.56% 148 7.22% 151 6.79%

Age 65 - 69 125 7.21% 152 7.42% 152 6.83%

Age 70 - 74 90 5.19% 135 6.59% 145 6.52%

Age 75 - 79 56 3.23% 97 4.73% 120 5.39%

Age 80 - 84 28 1.62% 60 2.93% 83 3.73%

Age 85+ 22 1.27% 45 2.20% 77 3.46%

Age 15+ 1,425 82.23% 1,716 83.75% 1,871 84.09%

Age 20+ 1,325 76.46% 1,597 77.94% 1,743 78.34%

Age 65+ 321 18.52% 489 23.87% 577 25.93%

Median Age 44 46 46

Average Age 41.60 43.50 44.20

Population By Race 1,733 2,049 2,225

White 1,384 79.86% 1,617 78.92% 1,748 78.56%

Black 280 16.16% 334 16.30% 361 16.22%


Asian 23 1.33% 33 1.61% 41 1.84%

Hawaiian & Pacific Islander 0 0.00% 0 0.00% 0 0.00%

Other 39 2.25% 55 2.68% 63 2.83%

Demographic Trend Report 1 Mile Radius



Page 9

Demographic Trend Report 1 Mile Radius


Description 2010 2018 2023Population by Race (Hispanic) 74 107 120

White 65 87.84% 90 84.11% 100 83.33%

Black 5 6.76% 9 8.41% 12 10.00%


Asian 0 0.00% 0 0.00% 0 0.00%

Hawaiian & Pacific Islander 0 0.00% 0 0.00% 0 0.00%

Other 3 4.05% 6 5.61% 7 5.83%

Household by Household Income 697 825 896

<$25,000 104 14.92% 97 11.76% 103 11.50%

$25,000 - $50,000 167 23.96% 139 16.85% 146 16.29%

$50,000 - $75,000 148 21.23% 110 13.33% 111 12.39%

$75,000 - $100,000 102 14.63% 135 16.36% 148 16.52%

$100,000 - $125,000 69 9.90% 110 13.33% 123 13.73%

$125,000 - $150,000 61 8.75% 91 11.03% 100 11.16%

$150,000 - $200,000 41 5.88% 103 12.48% 118 13.17%

$200,000+ 5 0.72% 40 4.85% 47 5.25%

Average Household Income $73,115 $97,835 $100,157

Median Household Income $63,984 $87,314 $89,864


Page 10

AGENCY DISCLOSURE

In a real estate transaction, when the Agent represents the:

Seller/Landlord:

then an Agent under a listing agreement with a seller acts as the agent for the seller. The

listing company and all of its broker/agents, and the selling company and all of its agents

as subagents of the seller, would owe their fiduciary duties to the seller. The broker and

broker's agents may still provide buyer/tenants, as customers, with information about

properties and available financing, may show them properties, and may assist them in

preparing an offer to purchase, option or lease a particular property.

Buyer/Tenant:

then an Agent under a contract with a buyer acts as the agent for that buyer only, as a

"Buyer/Broker/Agent," and the Agent is not the seller's agent, even if the Purchase

Contract provides that the Seller or the Listing Broker will pay the Agent for the services

rendered to the buyer/tenant. An Agent acting as the buyer's/tenant's agent must disclaim

sub agency if offered and must disclose the Buyer/Tenant Broker/Agent relationship when

dealing with the seller's/landlord's Agent or the Seller/Landlord. The Buyer/Tenant

Broker/Agent owes its fiduciary duties to the buyer/tenant.

Buyer and Seller (Acting as a Dual Agent):

then an Agent, either acting directly or through one or more of the brokerage firm's other

Agents, may be the Agent of both the buyer and the seller, but only if the scope of the

agency is limited by a written agreement and only with the express knowledge and written

consent of both the buyer and the seller. An Agent representing both the buyer and the

seller must disclose all information regarding the agency relationship, including the

limitation on the Agent's ability to represent either party folly and exclusively. The Agent

must not disclose to either party, without the prior consent of the party adversely affected

by the disclosure, any information obtained within the confidentiality and trust of the

fiduciary relationship. As an example, the Agent must not tell the buyer that the seller

will accept a price lower than the listing price, nor tell the seller that the buyer will pay a

price offered, without the prior consent of the party adversely affected by the disclosure.

Campana Waltz Commercial Real Estate, LLC is the Listing Broker, Buyer Broker,

Dual Agent for the property submitted in this information package.

Acknowledged by:


for lease - loopnet...comprised of 175 residential units, 30,000 sf of commercial/office space, and...

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