mount pleasant marketplace · 2016. 9. 16. · 1464 mt. pleasant road :: chesapeake, virginia ....

1464 MT. PLEASANT ROAD :: CHESAPEAKE, VIRGINIA

Mount Pleasant MarketplaceFOR LEASE

Natalie Hucke

Senior Vice President+1 757 217 [email protected]

Kevin O’Keefe

Senior Vice President+1 757 217 [email protected]

CONTACT US

© 2016 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.

www.cbre.com/mountpleasantmarketplace

SPACE AVAILABLE

PROPERTY INFOPROPERTY DESCRIPTION

Mount Pleasant Marketplace is a +/- 100,000 SF Farm Fresh anchored shopping center located on the northwest corner of the signalized intersection of Centerville Turnpike and Mount Pleasant Road (Route 165). Mount Pleasant Marketplace serves the rapidly growing population of southern Chesapeake, Virginia. The tremendous growth this submarket has experienced during the last several years continues with several high-end residential communities including more than 500 new homes recently approved in close proximity to the shopping center. Mount Pleasant Marketplace provides consumer ready access to quality retailers offering a variety of goods and services.

ADDRESS

1464 Mount Pleasant Road:: Chesapeake, Virginia

SHOPPING CENTER SIZE+/- 100,000 SF

AVAILABILITY

1,080 SF to 1, 400 SF

PARKING

Approximately 557 spaces

CO-TENANTS

Farm Fresh, Subway, Tropical Smoothie, AJ Gators, Anytime Fitness, Liberty Taz, Hair Cuttery, Navy Federal Credit Union, Albano Cleaners, Bad Habits Oyster Bar, The UPS Store, Nails First, World Champion Tae Kwondo, State Farm Insurance, Rudy & Kelly, Surf Dogs, Verizon

OUTPARCEL USERS

Waffle House, Wendy’s, Majestic Auto Spa, Chesapeake Animal Hospital, Rite Aid Pharmacy

TRAFFIC COUNTS

18,000 VPD on Mt. Pleasant Road

16,000 VPD on Centerville Turnpike

DEMOGRAPHICS

2016 Estimated Demographics

1-Mile 3-Mile 5-Mile

Population 3,716 33,607 116,206

Average HH Income $126,625 $115,435 $101,670

Daytime Population 1,220 6,647 48,049


Mount Pleasant Marketplace





LOT B-10.5 ACLOT A

1.179 AC

LOT E0.88 AC

LOT F1.030 AC

1,400 SFDENTIST

LOS PRIMOS

BAD HABITS

LIB

ER

TY

TA

X

1,080 SF

EVAPORATE

Verizon

SURF

DO

GS

UNDER

CONTRACT

1,600 SF

GOLDEN DRAGON


Tenant Unit SF

Anytime Fitness 1 4,200 SF

Surf Dogs 4 1,400

Liberty Tax 5 1,400

Animal Adventure 6 4,200

World Champion Tae Kwon Do 9 2,800

Navy Federal 11 4,000

Bad Habits 12 1,400

MP Urgent Care & Family Practice 13 2,800

Casa Di Costanzo 15 1,400

The UPS Store 16 1,400

Subway 17 1,400

Golden Dragon 18 1,400

Shiki Sushi & Hibachi 19 1,400

Albano Cleaners 20 1,400

Nails First 21 1,400

Hair Cuttery 22 1,050

Verizon 23 1,710

State Farm Insurance 24 1,400

AVAILABLE 25 1,080

Dentist 26 1,720

AVAILABLE 27 1,400

Los Primos 28 3,500

AVAILABLE 29 1,600

Tropical Smoothie Cafe 30 1,600

Rudy & Kelly 31 2,800

AJ Gators 34 4,550

Outparcel AC

AVAILABLE 1.179

UNDER CONTRACT .50

Waffle House .50

Wendy’s .85

Rite Aid Pharmacy 1.71

AVAILABLE .88

AVAILABLE 1.03

Majestic Auto Spa

Chesapeake Animal Hospital 1.042




Mount Pleasant Marketplace1464 MT PLEASANT ROAD :: CHESAPEAKE, VIRGINIA

Available

1.179 Acres

UNDER

CONTRACT

Available

0.88 Acres

Available

1.030 Acres

Mt. Pleasant Road

Cen

terv

ille

Tu

rnp

ike

DEMOGRAPHIC PROFILE

1464 MT PLEASANT RD 1 Mile 3 Miles 5 Miles

2016 Population 3,716 33,607 116,206

2021 Population 3,934 35,586 123,530

2010 Population 3,459 31,250 107,317

2000 Population 3,122 27,339 95,204

Percent Pop Change: 2010 to 2016 7.4% 7.5% 8.3%

Percent Pop Change: 2016 to 2021 5.9% 5.9% 6.3%

2016 Population 3 ,716 33 ,607 116 ,206

White 3,306 89.0% 27,289 81.2% 80,189 69.0%

African American 172 4.6% 3,192 9.5% 20,478 17.6%

Asian 104 2.8% 1,712 5.1% 8,847 7.6%

Native Hawaiian/Pacific Islander 0 0.0% 50 0.1% 135 0.1%

American Indian/Alaska Native 11 0.3% 121 0.4% 400 0.3%

Some Other Race 12 0.3% 165 0.5% 1,385 1.2%

2 or More Races 111 3.0% 1,078 3.2% 4,772 4.1%

2016 Hispanic Population 143 3.8% 1,641 4.9% 6,691 5.8%

Not Hispanic/Latino, White 3,194 86.0% 26,166 77.9% 76,417 65.8%

2016 Population 3 ,716 33 ,607 116 ,206

Age 0 - 4 190 5.1% 1,714 5.1% 6,693 5.8%

Age 5 - 9 203 5.5% 1,826 5.4% 6,981 6.0%

Age 10 - 14 252 6.8% 2,519 7.5% 7,873 6.8%

Age 15 - 17 169 4.5% 1,690 5.0% 5,101 4.4%

Age 18 - 20 162 4.4% 1,541 4.6% 4,790 4.1%

Age 21 - 24 232 6.2% 2,034 6.1% 6,498 5.6%

Age 25 - 34 400 10.8% 3,691 11.0% 15,970 13.7%

Age 35 - 44 409 11.0% 3,739 11.1% 15,207 13.1%

Age 45 - 54 616 16.6% 5,738 17.1% 17,810 15.3%

Age 55 - 64 613 16.5% 5,178 15.4% 15,839 13.6%

Age 65 - 74 309 8.3% 2,586 7.7% 8,682 7.5%

Age 75 - 84 123 3.3% 1,020 3.0% 3,433 3.0%

Age 85+ 39 1.0% 329 1.0% 1,330 1.1%

2016 Median Age 41.5 40.1 37.8

2016 Average Age 39.6 38.8 38.0

©2016 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, assumptionsor 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 todetermine to your satisfaction the suitability of the property for your needs. Source: Nielsen Page 1 ProjectID:75971

POPULAT ION

RACE AND ETHNIC ITY

A G E




DEMOGRAPHIC PROFILE


2016 Population Age 25 and Over 2 ,509 22 ,282 78 ,271

Less than 9th Grade 25 1.0% 234 1.1% 1,006 1.3%

Some High School, No Diploma 81 3.2% 768 3.4% 2,671 3.4%

High School Graduate 553 22.0% 4,829 21.7% 17,419 22.3%

Some College, No Degree 653 26.0% 5,686 25.5% 20,011 25.6%

Associate's Degree 233 9.3% 2,457 11.0% 8,810 11.3%

Bachelor's Degree 616 24.6% 5,075 22.8% 18,091 23.1%

Master's Degree 288 11.5% 2,535 11.4% 8,140 10.4%

Professional Degree 45 1.8% 390 1.8% 1,241 1.6%

Doctorate Degree 14 0.6% 308 1.4% 880 1.1%

2016 Employed Population 1 ,628 16 ,977 58 ,879

Blue Collar 232 14.3% 2,860 16.8% 9,882 16.8%

White Collar 1,194 73.3% 12,009 70.7% 41,044 69.7%

Service & Farm 202 12.4% 2,109 12.4% 7,954 13.5%

2016 Population Age 16 and Over 3 ,015 26 ,993 92 ,989

Civilian Labor Force, Employed Males 754 25.0% 8,507 31.5% 29,495 31.7%

Civilian Labor Force, Employed Females 831 27.6% 7,917 29.3% 27,928 30.0%

Males in Armed Forces 42 1.4% 623 2.3% 2,897 3.1%

Females in Armed Forces 6 0.2% 116 0.4% 552 0.6%

Civilian Labor Force, Unemployed Males 67 2.2% 492 1.8% 1,423 1.5%

Civilian Labor Force, Unemployed Females 70 2.3% 728 2.7% 2,096 2.3%

Males Not in Labor Force 607 20.1% 3,564 13.2% 11,349 12.2%

Females Not in Labor Force 638 21.2% 5,046 18.7% 17,250 18.6%

2016 Travel Time Population 1 ,652 17 ,542 61 ,713

< 15 Minutes 268 16.2% 3,516 20.0% 12,112 19.6%

15 - 29 Minutes 545 33.0% 6,624 37.8% 24,844 40.3%

30 - 44 Minutes 538 32.6% 5,254 30.0% 16,741 27.1%

45 - 59 Minutes 146 8.8% 991 5.6% 3,923 6.4%

60+ Minutes 95 5.8% 575 3.3% 2,008 3.3%

Average Travel Time 31 27 27


EDUCAT ION ATTA INMENT

J O B T Y P E

EMPLOYMENT STATUS

TRAVEL T IME TO WORK




DEMOGRAPHIC PROFILE


2016 Households 1,208 11,280 41,535

2021 Households 1,283 11,960 44,321

2010 Households 1,116 10,420 37,950

2000 Households 913 8,936 31,820

Percent HH Change: 2010 to 2016 8.3% 8.3% 9.5%

Percent HH Change: 2016 to 2021 6.3% 6.0% 6.7%

Average Household Size 3.0 2.9 2.8

2016 Households 1 ,208 11 ,280 41 ,535

Income < $15,000 38 3.1% 565 5.0% 2,172 5.2%

Income $15,000 - $24,999 19 1.6% 355 3.1% 1,615 3.9%

Income $25,000 - $34,999 61 5.0% 458 4.1% 2,238 5.4%

Income $35,000 - $49,999 65 5.4% 790 7.0% 3,918 9.4%

Income $50,000 - $74,999 168 13.9% 1,894 16.8% 7,990 19.2%

Income $75,000 - $99,999 184 15.2% 1,736 15.4% 6,950 16.7%

Income $100,000 - $124,999 201 16.6% 1,633 14.5% 5,419 13.0%

Income $125,000 - $149,999 174 14.4% 1,356 12.0% 4,280 10.3%

Income $150,000 - $199,999 141 11.7% 1,270 11.3% 3,758 9.0%

Income $200,000 - $249,999 58 4.8% 491 4.4% 1,342 3.2%

Income $250,000 - $499,999 76 6.3% 580 5.1% 1,493 3.6%

Income $500,000+ 22 1.8% 153 1.4% 360 0.9%

2000 Average Household Income $68,045 $74,150 $68,572



2000 Median Household Income $65,491 $65,367 $60,426



2016 Per Capita Income $41,160 $38,745 $36,339


HOUSEHOLDS

HOUSEHOLD INCOME




DEMOGRAPHIC PROFILE


2016 Housing Units 1,230 11,568 43,115

2016 Occupied Housing Units 1,208 11,280 41,535

2016 Vacant Housing Units 22 288 1,581

2016 Owner-Occupied Housing Units 1,123 9,786 31,850

2016 Renter-Occupied Housing Units 85 1,495 9,685

2016 Owner-Occupied Housing Units 1 ,123 9 ,786 31 ,850

Value < $20,000 6 0.5% 113 1.2% 476 1.5%

Value $20,000 - $39,999 5 0.4% 30 0.3% 141 0.4%

Value $40,000 - $59,999 0 0.0% 11 0.1% 156 0.5%

Value $60,000 - $79,999 0 0.0% 17 0.2% 67 0.2%

Value $80,000 - $99,999 1 0.1% 38 0.4% 85 0.3%

Value $100,000 - $149,999 24 2.1% 256 2.6% 1,094 3.4%

Value $150,000 - $199,999 38 3.4% 325 3.3% 2,396 7.5%

Value $200,000 - $299,999 348 31.0% 3,180 32.5% 11,411 35.8%

Value $300,000 - $399,999 362 32.2% 3,123 31.9% 9,326 29.3%

Value $400,000 - $499,999 237 21.1% 1,602 16.4% 4,199 13.2%

Value $500,000 - $749,999 98 8.7% 923 9.4% 2,063 6.5%

Value $750,000 - $999,999 3 0.3% 134 1.4% 312 1.0%

Value $1,000,000+ 1 0.1% 34 0.3% 123 0.4%

2016 Median Home Value $337,034 $327,618 $300,907

2016 Average Home Value $352,091 $352,082 $324,129

2016 Housing Units 1 ,230 11 ,568 43 ,115

1 Unit Detached 1,173 95.4% 9,961 86.1% 29,567 68.6%

1 Unit Attached 20 1.6% 653 5.6% 5,885 13.6%

2 Units 0 0.0% 118 1.0% 252 0.6%

3 to 4 Units 0 0.0% 240 2.1% 1,113 2.6%

5 to 19 Units 14 1.1% 409 3.5% 4,242 9.8%

20 to 49 Units 0 0.0% 55 0.5% 895 2.1%

50+ Units 0 0.0% 79 0.7% 826 1.9%

Mobile Home 23 1.9% 53 0.5% 307 0.7%

Other 0 0.0% 0 0.0% 27 0.1%

Total Businesses 147 1,036 4,627

Daytime Employment (Total Employees) 1,220 6,647 48,049


HOUS ING UN ITS

HOUS ING VALUE

UNITS IN STRUCTURE

PLACE OF WORK




DEMOGRAPHIC PROFILE

1464 MT PLEASANT RD

NAME LATITUDE LONGITUDE

1464 MT PLEASANT RD 36.716068 -76.187778

©2016 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, assumptionsor 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 todetermine to your satisfaction the suitability of the property for your needs. Source: Nielsen ProjectID:75971




mount pleasant marketplace · 2016. 9. 16. · 1464 mt. pleasant road :: chesapeake, virginia ....

Documents