lot 4 lot 3 lot 2 lot 1...okolona center, 7845-7847 preston hwy, louisville, ky retail development...
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www.cbre.com/louisville
OKOLONA CENTER, 7845-7847 PRESTON HWY, LOUISVILLE, KY
Development OpportunityFOR LEASE
LAND SITE AVAILABLEPRESTON HIGHWAY AT OUTER LOOP
+ ±1 to ±6 acres available for ground lease
+ Located at a high traffic, signalized intersection
+ Situated just west of Jefferson Mall (1.1 million square feet), Kroger, Best Buy, Target, Academy Sports, Hobby Lobby, PetSmart, TJ Maxx, Toys R Us and Walmart
+ Outer Loop traffic count: 30,900 ADT; Preston Hwy traffic count: 24,500 ADT
Robert Schwartz
Senior Vice President+1 502 412 7606 [email protected]
Clay Hunt
Senior Associate+1 502 412 7607 [email protected]
CONTACT US
30,900 ADT OUTER LOOP
24,500 ADT PRESTON HWY
LOT 1LOT 2LOT 3
LOT 4
OKOLONA CENTER, 7845-7847 PRESTON HWY, LOUISVILLE, KY
Retail Development OpportunityFOR LEASE
30,900 VPD Outer Loop
CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
¨
11,8
00 A
DT
27,900 ADT
24,500 VPD Preston Hwy 25,900 VPD
JEFFERSON MALL
JEFFERSON MALL
24,600 VPD
SUBJECT
WALMART
2
30,900 VPD Outer Loop
CBRE, CB RICHARD ELLIS and the CBRE CB RICHARD ELLIS logo are service marks of CB Richard Ellis, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
¨
11,8
00 A
DT
27,900 ADT
24,500 VPD Preston Hwy 25,900 VPD
JEFFERSON MALL
JEFFERSON MALL
24,600 VPD
SUBJECT
WALMART
2
OKOLONA CENTER, 7845-7847 PRESTON HWY, LOUISVILLE, KY
Development OpportunityFOR LEASE
www.cbre.com/louisville
CONTACT US
Robert Schwartz
Senior Vice President+1 502 412 7606 [email protected]
Clay Hunt
Senior Associate+1 502 412 7607 [email protected]
±1 ACRE
±1-2 ACRES
±3 ACRES
CONCEPTUAL PLAN
OKOLONA CENTER, 7845-7847 PRESTON HWY, LOUISVILLE, KY
Development OpportunityFOR LEASE
www.cbre.com/louisville
CONTACT US
© 2017 CBRE, Inc. 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 for example 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 property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
DEMOGRAPHIC PROFILE
7845 PRESTON HWY
1 MILE 3 MILES 5 MILES
2017 Businesses 539 2,006 5,385
2017 Employees 7,328 31,922 95,652
2017 Population - Current Year Estimate 9,388 67,697 173,584
2022 Population - Five Year Projection 9,558 69,666 178,607
2010 Population - Census 9,212 65,016 167,308
2000 Population - Census 9,244 62,166 154,876
2010-2017 Annual Population Growth Rate 0.26% 0.56% 0.51%
2017-2022 Annual Population Growth Rate 0.36% 0.58% 0.57%
2017 Population 9 ,388 67 ,697 173 ,584Age 0-4 581 6.2% 4,721 7.0% 11,701 6.7%Age 5-9 588 6.3% 4,650 6.9% 11,613 6.7%Age 10-14 592 6.3% 4,405 6.5% 11,225 6.5%Age 15-19 531 5.7% 4,082 6.0% 10,226 5.9%Age 20-24 561 6.0% 4,569 6.7% 11,136 6.4%Age 25-29 677 7.2% 5,068 7.5% 12,809 7.4%Age 30-34 689 7.3% 4,832 7.1% 12,662 7.3%Age 35-39 662 7.1% 4,548 6.7% 12,120 7.0%Age 40-44 628 6.7% 4,339 6.4% 11,333 6.5%Age 45-49 618 6.6% 4,208 6.2% 11,016 6.3%Age 50-54 687 7.3% 4,319 6.4% 11,354 6.5%Age 55-59 619 6.6% 4,219 6.2% 11,273 6.5%Age 60-64 531 5.7% 3,765 5.6% 9,913 5.7%Age 65-69 440 4.7% 3,179 4.7% 8,392 4.8%Age 70-74 374 4.0% 2,482 3.7% 6,331 3.6%Age 75-79 271 2.9% 1,805 2.7% 4,411 2.5%Age 80-84 189 2.0% 1,277 1.9% 3,032 1.7%Age 85 and Older 150 1.6% 1,229 1.8% 3,039 1.8%
2017 Median Age 38.6 36.7 37.2
2017 Population 9 ,388 67 ,697 173 ,584
White 6,882 73.3% 42,591 62.9% 121,573 70.0%
Black or African American 1,219 13.0% 17,805 26.3% 34,358 19.8%
Asian 149 1.6% 1,362 2.0% 4,884 2.8%
American Indian or Alaska Native 41 0.4% 189 0.3% 422 0.2%
Pacific Islander 7 0.1% 48 0.1% 138 0.1%
Other Race 785 8.4% 3,450 5.1% 6,817 3.9%
Two or More Races 305 3.2% 2,252 3.3% 5,392 3.1%
Hispanic 1,548 16.5% 8,029 11.9% 16,639 9.6%
White Non-Hispanic 6,269 66.8% 38,859 57.4% 113,427 65.3%
©2017 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:250556
PLACE OF WORK
POPULAT ION
A G E
RACE AND ETHNIC ITY
DEMOGRAPHIC PROFILE
7845 PRESTON HWY
1 MILE 3 MILES 5 MILES
2017 Population 25 and Over 6 ,535 45 ,268 117 ,685
Less than 9th Grade 328 5.0% 2,288 5.1% 4,923 4.2%
9-12th Grade - No Diploma 493 7.5% 3,965 8.8% 10,252 8.7%
High School Diploma 1,870 28.6% 13,257 29.3% 33,160 28.2%
GED or Alternative Credential 684 10.5% 3,550 7.8% 7,832 6.7%
Some College - No Degree 1,487 22.8% 10,043 22.2% 27,251 23.2%
Associate`s Degree 553 8.5% 4,258 9.4% 10,359 8.8%
Bachelor`s Degree 661 10.1% 5,070 11.2% 15,380 13.1%
Graduate or Professional Degree 459 7.0% 2,837 6.3% 8,528 7.2%
2017 Population 9 ,388 67 ,697 173 ,584
Males 4,683 49.9% 32,902 48.6% 84,759 48.8%
Females 4,705 50.1% 34,795 51.4% 88,826 51.2%
2017 Population 15+ 7 ,626 53 ,920 139 ,045
Never Married 2,666 35.0% 19,442 36.1% 47,996 34.5%
Married 3,305 43.3% 22,414 41.6% 60,878 43.8%
Widowed 356 4.7% 3,338 6.2% 8,540 6.1%
Divorced 1,299 17.0% 8,726 16.2% 21,631 15.6%
2017 Civi l ian Population 16+ in Labor Force 4 ,925 35 ,480 92 ,688
2017 Employed Civilian Population 16+ 4,558 92.5% 32,982 93.0% 87,393 94.3%
2017 Unemployed Population 16+ 367 7.5% 2,498 7.0% 5,295 5.7%
2017 Employed Civi l ian Population 16+ 4 ,558 32 ,982 87 ,393
White Collar 1,932 42.4% 15,683 47.6% 44,563 51.0%
Services 724 15.9% 5,927 18.0% 15,200 17.4%
Blue Collar 1,902 41.7% 11,369 34.5% 27,630 31.6%
2017 Daytime Population 12 ,356 70 ,005 182 ,560
Daytime Workers 7,431 60.1% 34,620 49.5% 94,682 51.9%
Daytime Residents 4,925 39.9% 35,385 50.5% 87,878 48.1%
©2017 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:250556
EDUCAT ION
GENDER
MAR ITAL STATUS
EMPLOYMENT STATUS
CLASS OF WORKER
DAYT IME POPULAT ION
DEMOGRAPHIC PROFILE
7845 PRESTON HWY
1 MILE 3 MILES 5 MILES
2017 Households - Current Year Estimate 3,858 26,629 69,436
2022 Households - Five Year Projection 3,929 27,378 71,348
2010 Households - Census 3,789 25,640 67,158
2000 Households - Census 3,858 24,203 61,688
2010-2017 Annual Household Growth Rate 0.25% 0.52% 0.46%
2017-2022 Annual Household Growth Rate 0.37% 0.56% 0.54%
2017 Average Household Size 2.41 2.52 2.49
2017 Households 3 ,858 26 ,629 69 ,436
Under $15,000 661 17.1% 3,995 15.0% 8,962 12.9%
$15,000-$24,999 472 12.2% 3,188 12.0% 7,948 11.4%
$25,000-$34,999 606 15.7% 3,610 13.6% 8,773 12.6%
$35,000-$49,999 715 18.5% 4,593 17.2% 11,475 16.5%
$50,000-$74,999 812 21.0% 5,313 20.0% 14,550 21.0%
$75,000-$99,999 320 8.3% 3,118 11.7% 8,709 12.5%
$100,000-$149,999 215 5.6% 2,229 8.4% 6,596 9.5%
$150,000-$199,999 46 1.2% 393 1.5% 1,574 2.3%
$200,000 and Over 10 0.3% 191 0.7% 850 1.2%
2017 Average Household Income $46,879 $52,668 $57,656
2022 Average Household Income $52,876 $59,220 $64,946
2017 Median Household Income $37,959 $41,929 $45,906
2022 Median Household Income $40,547 $45,633 $50,540
2017 Per Capita Income $19,437 $20,886 $23,131
2022 Per Capita Income $21,901 $23,447 $26,006
2017 Owner Occupied Housing Units 1 ,889 15 ,029 42 ,077
Under $50,000 38 2.0% 500 3.3% 1,906 4.5%
$50,000-$99,999 522 27.6% 3,624 24.1% 8,964 21.3%
$100,000-$149,999 1,013 53.6% 6,684 44.5% 15,539 36.9%
$150,000-$199,999 253 13.4% 2,958 19.7% 9,870 23.5%
$200,000-$249,999 45 2.4% 635 4.2% 3,130 7.4%
$250,000-$299,999 7 0.4% 274 1.8% 1,200 2.9%
$300,000-$399,999 1 0.1% 213 1.4% 724 1.7%
$400,000-$499,999 0 0.0% 28 0.2% 251 0.6%
$500,000-$749,999 5 0.3% 56 0.4% 258 0.6%
$750,000-$999,999 3 0.2% 13 0.1% 115 0.3%
$1,000,000 and Over 2 0.1% 44 0.3% 119 0.3%
2017 Median Value of Owner Occ. Housing Units $118,978 $125,363 $132,718
2017 Average Value of Owner Occ. Housing Units $122,631 $136,017 $147,371
©2017 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:250556
HOUSEHOLDS
HOUSEHOLD INCOME
HOUS ING VALUE
DEMOGRAPHIC PROFILE
7845 PRESTON HWY
1 MILE 3 MILES 5 MILES
2017 Households - Current Year Estimate 3,858 26,629 69,436
2022 Households - Five Year Projection 3,929 27,378 71,348
2010 Households - Census 3,789 25,640 67,158
2000 Households - Census 3,858 24,203 61,688
2010-2017 Annual Household Growth Rate 0.25% 0.52% 0.46%
2017-2022 Annual Household Growth Rate 0.37% 0.56% 0.54%
2017 Average Household Size 2.41 2.52 2.49
2017 Households 3 ,858 26 ,629 69 ,436
Under $15,000 661 17.1% 3,995 15.0% 8,962 12.9%
$15,000-$24,999 472 12.2% 3,188 12.0% 7,948 11.4%
$25,000-$34,999 606 15.7% 3,610 13.6% 8,773 12.6%
$35,000-$49,999 715 18.5% 4,593 17.2% 11,475 16.5%
$50,000-$74,999 812 21.0% 5,313 20.0% 14,550 21.0%
$75,000-$99,999 320 8.3% 3,118 11.7% 8,709 12.5%
$100,000-$149,999 215 5.6% 2,229 8.4% 6,596 9.5%
$150,000-$199,999 46 1.2% 393 1.5% 1,574 2.3%
$200,000 and Over 10 0.3% 191 0.7% 850 1.2%
2017 Average Household Income $46,879 $52,668 $57,656
2022 Average Household Income $52,876 $59,220 $64,946
2017 Median Household Income $37,959 $41,929 $45,906
2022 Median Household Income $40,547 $45,633 $50,540
2017 Per Capita Income $19,437 $20,886 $23,131
2022 Per Capita Income $21,901 $23,447 $26,006
2017 Owner Occupied Housing Units 1 ,889 15 ,029 42 ,077
Under $50,000 38 2.0% 500 3.3% 1,906 4.5%
$50,000-$99,999 522 27.6% 3,624 24.1% 8,964 21.3%
$100,000-$149,999 1,013 53.6% 6,684 44.5% 15,539 36.9%
$150,000-$199,999 253 13.4% 2,958 19.7% 9,870 23.5%
$200,000-$249,999 45 2.4% 635 4.2% 3,130 7.4%
$250,000-$299,999 7 0.4% 274 1.8% 1,200 2.9%
$300,000-$399,999 1 0.1% 213 1.4% 724 1.7%
$400,000-$499,999 0 0.0% 28 0.2% 251 0.6%
$500,000-$749,999 5 0.3% 56 0.4% 258 0.6%
$750,000-$999,999 3 0.2% 13 0.1% 115 0.3%
$1,000,000 and Over 2 0.1% 44 0.3% 119 0.3%
2017 Median Value of Owner Occ. Housing Units $118,978 $125,363 $132,718
2017 Average Value of Owner Occ. Housing Units $122,631 $136,017 $147,371
©2017 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:250556
HOUSEHOLDS
HOUSEHOLD INCOME
HOUS ING VALUE
Robert Schwartz
Senior Vice President+1 502 412 7606 [email protected]
Clay Hunt
Senior Associate+1 502 412 7607 [email protected]