OklahomaGlenpool

Glenpool is located along US HWY 75, the main highway into Tulsa from the south. Traffic counts on HWY 75 at Glenpool indicate 45,000 vehicles a day entering Glenpool from the south. Recent investments in Glenpool include Oklahoma’s largest Super Walmart. This 199,000 sq.ft. store anchors a large mixed-use development that also features a bank, 10,000 sq ft medical clinic, restaurants such as IHOP, Santa Fe Cattle Company, Sonic, outparcel and inline retail, the area’s newest QuikTrip location, two hotels and a conference/event center. Tractor Supply Company opened in late 2009, followed by a Comfort Inn and Suites in May, 2010, and an upscale automotive user slated to open in late 2010. The city owns land along HWY 75 and is aggressively seeking the right development partner or tenants for the prime 36-acre property. Other large tracts of land along HWY 75 and other arterials are available and the city is willing to offer incentives for desired retail projects.

Find out more about Glenpool, Oklahoma and other Retail Attractions cities online: www.retailattractions.com

Rickey Hayes | Retail Attractions, LLC | 918.629.6066 | rickey@retailattractions.com

Ed Tinker | City Manager, Glenpool | 918.322.5409 | edtinker@cityofglenpool.com

The Opportunity Gap represents the difference between retail sales in specific categories of goods or services where reported demand (purchases by consumers living in an area) exceeds reported sales by merchants (supply) within the same defined trade area. Data is derived from the Consumer Expenditure Survey as administered by the U.S. Bureau of Labor Statistics and from the Census of Retail Trade, made available through the U.S. Census.

About Glenpool

Population - Trade Area

2010 Est, Population 89,610

Growth, 2000-2010 18.62%

Growth, 2010-2015 5.53%

Educational Attainment

Earned a College Degree 29.28%

Composition

Family Households 77.73%

Household Income - 2010 Est

Average Income $64,049.00

Median Income $50,068.00

Occupation/Workforce

White Collar Workers 59.43%

Blue Collar Workers 25.79%

Service/Farm 14.78%

Housing

Owner-Occupied Housing 78.44%

Median Housing Value $116,001.00

% less than 10 yrs old 20.87%

www.glenpoolonline.com

Total Opportunity Gap $575,960,489.00

Furniture & Home Furnishings $17,094,816.00

Electronics & Appliance Stores $20,893,795.00

Building Material, Garden & Home Centers $57,695,743.00

Food & Beverage Stores $60,208,361.00

Health & Personal Care Stores $44,262,653.00

Clothing and Clothing Accessories Stores $44,455,770.00

Sporting Goods $6,651,775.00

Books, Periodicals, Music $6,066,529.00

General Merchandise Stores $70,745,216.00

Department Stores $59,431,111.00

Office Supplies, Stationery, Gift $10,204,643.00

Full-Service Restaurants $25,963,624.00

Glenpool

Find out more about Glenpool, Oklahoma and other Retail Attractions cities online: www.retailattractions.com

Rickey Hayes | Retail Attractions, LLC | 918.629.6066 | rickey@retailattractions.com

Ed Tinker | City Manager, Glenpool | 918.322.5409 | edtinker@cityofglenpool.com

• Glenpool continues to invest in water, sewer and street improvements to stay ahead of demands.

• $1,500,000 has been invested in the road repair, overlays and storm water improvements over the past 18 months.

• Estimated additional $3,000,000 upgrade to city sewer system planned for next 24 months.

• More than 45,000 cars a day travel HWY 75 through Glenpool.

Below: A rendering showing the soon-to-be-finished new Conference Center and Municipal Building flanked by two hotels, slated to begin construction in the next few weeks. The existing 199,000 sqft Walmart Supercenter is in the background. Site is the 121st Street South Southwest Crossroads Development. Multiple sites are available at prime locations in Glenpool.Incentives are available for new retail development.

Glenpool, OK – Retail Outlook, 2011 Prepared by: Crossroads Communications, LLC Author: Mandy Vavrinak, Principal Crossroads Communications, LLC specializes in independent retail trade area assessment, opportunity identification, public process management and economic development consultation. Overview: Glenpool, southern suburb of Tulsa, continued to grow despite tough times in most of the country. Itʼs not surprising, given that the Tulsa metro was named the #1 by RelocateAmerica.com in 2009 and placed #6 in the 2010 list due to stable economic conditions, broad business base and lower-than-average unemployment. Glenpool itself has grown 16% over the past decade and is projected to grow another 8% by 2015. Growth in the trade area for Glenpool is similar, with a 19% increase in population over the past decade to 89,610 residents, and an additional 6% of growth projected by 2015. Total retail sales in the City of Glenpool grew from $91 million in FY 2008 to nearly $125 million for FY 2009. Projected retail sales for FY 2010 are $136,955,251.00. In residential construction, Glenpool added 884,547 sq ft of new residential homes in the past three years. 2010 is on track to be a record-setting year for new residential construction, with the first four months of 2010 outpacing any other year in the past decade for housing starts. Benefitting from its location on US HWY 75, the more than 40,000 cars per day traveling through and from Tulsa's onward march southward, Glenpool continues to attract new businesses and new residents. Demographic Data: Population in the Glenpool trade area grew more than 18% between 2000 and 2010, with an additional six percent growth projected over 2010-2015. With a total population for 2010 estimated to be 89,610, the estimated 2015 population will be 94,564 persons. Unlike many communities, Glenpool is retaining young adults, with 18% of the population in the 21-34 age group. Another 28% percent of the population is in the 35-54 age group, with adults 45+ comprising 40% of the total population.

(Glenpool Trade Area)

Table 1: Population Age Groups / 2010 / Glenpool Trade Area Age 0 - 4 6,578 persons 7.34% Age 5 - 9 6,365 7.10% Age 10 - 14 6,176 6.89% Age 15 - 17 4,171 4.65% Age 18 - 20 3,454 3.85% Age 21 - 24 4,668 5.21% Age 25 - 34 11,136 12.43% Age 35 - 44 11,246 12.55% Age 45 - 54 13,545 15.12% Age 55 - 64 10,847 12.10% Age 65 - 74 6,650 7.42% Age 75 - 84 3,494 3.90% Age 85 + 1,280 1.43%

The average family household income in the Glenpool trade area is $66,485.31 (estimated) for 2010. Average and median income of all households in Glenpool proper and in the trade area appears below in Table 2. Table 2: Household Income / 2010 Type of HH Average Median Per Capita City of Glenpool $60,697.00 $53,599.00 $21,021.00 Glenpool Trade Area $64,049.00 $50,068.00 $23,636.00

More than 77% of the households are family households, with 55% of those being married households where both spouses are present. Fifty-two percent of the population in the trade area has pursued some type of college education and 29% hold a college degree. Within the city of Glenpool, 56% of the population has at least some post-secondary education and 30% of the population has a college degree.

Most of the population is engaged in White Collar occupations, with 29% in management, business or financial or other professional positions and another 28% in sales or office positions. Less than three percent of the population within the trade area is unemployed. Housing Statistics Seventy-Eight percent of the homes in the Glenpool area are owner-occupied, indicating home ownership is within reach for most residents. The median value of all owner-occupied homes is $116,001.00, with 21% of all homes in the area less than ten years old. New construction home building permits for the previous four years indicate an average construction price of $127,000.00. Glenpool is on track for a record year of residential building for 2010.

Note: Size of bubbles indicates raw number of permits issued per year, vertical location of bubble indicates total value of permits issued in a year. Small bubbles higher on the vertical scale therefore indicate a high value per project/permit. Retail Environment Statistics Total retail sales in 2010 for the Glenpool Trade Area were $645,212,545 million. Grocery & food store sales made up $94,137,866 million of that total, with another $63.7 million coming from eating and drinking establishments. Recent openings in Glenpool include a 199,000 sq ft green-format Super Walmart in April of '08. Walmart has met or exceeded projections for every period since the opening and continues to see growth. Also opened recently on the same development site:

• Sonic Drive-in • Santa Fe Cattle Company restaurant > noted as the best performing restaurant in

the Tulsa market and the highest opening in the region • IHOP restaurant, complete with unique patio/waterfront seating area • 10,000 sq ft Utica Park Medical Clinic • American Heritage Bank facility • Supercuts • Papa Johnʼs Pizza • China House restaurant • Wine & Spirit retail package store • 60-Room Comfort Inn & Suites • CherryBerry Self-Serve Frozen Yougurt Bar

Additional local businesses have also opened within the city on other sites, including Ron's Hamburgers & Chili, who reported their best store opening in the history of the chain with their new Glenpool store. A new Tractor Supply Company location also opened in Glenpool in 2010 and the Glenpool McDonaldʼs location underwent a complete remodel and enhancement. Additional businesses under construction or contracted within the city of Glenpool include:

• Holiday Inn Express Hotel • Additional mid-range hotel • Community Conference Center & New City Administration Building – Completion

date of March, 2011. Events are already booked for the Center. • QuikTrip Convenience Store (second location for Glenpool) • Additional Restaurants • Electronics/Games store • Additional Consumer goods store • Drug Warehouse

Consumer demand in the trade area for 2010 totaled $1,221,173,034.00 leaving an Opportunity Gap of $575,960,489.00 for 2010. Key categories are listed below in Table 3. See Map 1 (next page) for trade area definition. Table 3 / Opportunity Gap, Glenpool Trade Area Furniture & Home Furnishings $ 17,094,816

Electronics & Appliance Stores $ 20,893,795

Building Material / Garden Equip $ 57,695,743

Food & Beverage (Grocery) $ 60,208,361

Health & Personal Care $ 44,262,653

Clothing & Clothing Accessories $ 44,455,770

Sporting Goods, Hobby, Books $ 20,552,527

Office Supplies / Stationery / Gifts $ 10,204,643

Department Stores $ 59,431,111

Full-Service Restaurants $ 25,963,624 Businesses located in the Glenpool trade area are continuing to meet or exceed projections, with additional new retail space and office space slated to come online in the coming 12 months.

Map 1 / Median Income, Trade Area

The Glenpool trade area is indicated by the red outline on the above map. Note this trade area does not cross the natural barrier of the Arkansas River nor does it include areas of Tulsa more likely to shop further north in the metro region. It specifically excludes the Tulsa Hills development, the major retail areas along east 71st Street in Tulsa and the smaller retail developments in Bixby, to the east and north of the trade area. About Crossroads Communications, LLC Crossroads Communications is a research, marketing and consultation firm specializing in economic development projects and retail recruitment. Based in Tulsa, OK, the firm has worked with numerous communities across the region to accurately define markets, research opportunities, and help cities and site owners market their value to interested parties. More information online at www.crossroadscommunications.com More information on Glenpool is available online at www.glenpoolonline.com Data and Sources Data for this report came from Claritas, City of Glenpool officials, area retailers and developers and other proprietary sources. It is believed to be true and is presented in good faith. The City of Glenpool and Crossroads Communications, LLC are not responsible or liable for the outcome of any action or inaction; consequence material or otherwise; resulting from use of this data in any way. All interested parties are encouraged to complete their own due diligence as required or necessary.

Darker orange areas of the map indicate areas of higher median household income.

�� At high traffic intersection of Hwy 75 and Hwy 69 �� Frontage on from Hwy 75 with service road access �� Easy access to Tulsa, Glenpool, Jenks and Bixby �� 2 means of ingress

and egress

14+/- Acres Zoned Commercial Hwy 75 & 151st St, Glenpool OK

3150 E 41st St, Suite 102 Tulsa, OK 74135

www.CRATulsa.com

CORPORATE REALTY ADVISORS LLC

Contact: Nick Probst C 918.269.7348 F 866.406.3509 Nick@CRATulsa.com

Commercial Land For Sale

Points of Interest �� 1,269+/- Frontage �� Developing Area �� Utilities Present �� Billboards Allowed �� Zoned Commercial

-

14 Acres Zoned Commercial

School and Sports Park

14+/- Acres Zoned Commercial Hwy 75 & 151st St, Glenpool OK

Points of Interest �� Near Other

Developments �� Utilities Present �� Billboards Allowed �� High Traffic Intersection

3150 E 41st St, Suite 102 Tulsa, OK 74135

www.CRATulsa.com

CORPORATE REALTY ADVISORS LLC

Contact: Nick Probst C 918.269.7348 F 866.406.3509 Nick@CRATulsa.com

Commercial Land For Sale

-

Future Development

New Housing New Housing

Future Development

Commercial Lots

14 Acres Zoned Commercial

Traffic Count MapPrepared by STDBonline

©2010 ESRI, MPSI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-447-9778 9/15/2010 Page 1 of 1

151st and 75 Latitude: 35.946676

Longitude: -96.009902Ring: 1, 3, 5 Miles

Source: © 2010 MPSI Systems Inc. d.b.a. DataMetrix®

Traffic Count ProfilePrepared by STDBonline

©2010 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-447-9778 9/15/2010 Page 1 of 1

151st and 75 Latitude: 35.946676

Longitude: -96.009902Ring: 5 miles radius

Distance: Street: Closest Cross-street: Year of Count: Count:

0.22 W 151st St S W 101st St (0.07 miles W) 2008 6,800

0.60 S 26th W Ave 150 St (0.01 miles N) 1994 297

0.64 S 26th W Ave W 151st St S (0.09 miles N) 1994 109

0.74 Fern St E 144th Pl (0.01 miles S) 2005 2,073

0.90 S 4th W Ave E 151st St (0.22 miles S) 2005 2,405

0.92 W 141st St S Zenith St (0.13 miles W) 2005 2,168

0.93 E 141st St S Elm Ave (0.01 miles E) 2005 10,382

0.93 W 151st St S S 33rd W Ave (0.17 miles W) 2008 22,900

0.94 S 4th W Ave E 151st St (0.12 miles N) 2001 1,215

0.95 S 26th W Ave S 26th N Ave (0.11 miles N) 1994 281

0.99 S Union Ave W 159th St (0.09 miles N) 2005 24,300

1.11 S 4th W Ave E 144th Pl (0.01 miles S) 1994 2,546

1.13 E 141st St S Ironwood St (0.05 miles W) 1994 7,488

1.15 W 161st St S Union Ave (0.21 miles W) 1994 526

1.19 W 161st St S Union Ave (0.19 miles E) 1994 54

1.20 W 141st St S 26th N Ave (0.23 miles E) 1994 1,002

1.30 S 4th W Ave E 140th St (0.01 miles S) 1995 5,241

1.32 S 4th W Ave E 161st St (0.17 miles S) 1994 543

1.32 S Union Ave W 138th St S (0.1 miles S) 2005 36,198

1.36 W 161st St S Union Ave (0.86 miles W) 1994 607

1.37 E 141st St S Nyssa Pl (0.03 miles E) 2005 5,620

1.59 S 4th W Ave E 161st St (0.17 miles N) 1994 347

1.61 E 161st St S 4th W Ave (0.24 miles W) 1994 854

1.87 W 131st St S Union Ave (0.22 miles W) 1994 921

1.91 S Elm St S 13th E Ave (0.38 miles S) 2001 895

1.92 S 13th E Ave S Elm St (0.19 miles N) 2001 930

1.95 E 84th St S 4th W Ave (0.02 miles N) 2005 3,611

1.98 E 141st St S Quince St (0.35 miles W) 1994 2,656

2.01 W 131st St S 4th W Ave (0.13 miles E) 1994 1,008

2.04 S Elm St E 141st St S (0.12 miles N) 1994 670

Data Note: The Traffic Profile displays up to 25 of the closest available traffic counts within the largest radius around your site. The years of the counts in the database range from 2010 to 1963. Just over 66% of the counts were taken between 2001 and 2010 and 86% of the counts were taken in 1997 or later. Traffic counts are identified by the street on which they were recorded, along with the distance and direction to the closest cross-street. Distances displayed as 0.00 miles (due to rounding), are closest to the site. A traffic count is defined as the two-way Average Daily Traffic (ADT) that passes that location.

Source: Copyright: 2010 MPSI Systems Inc. d.b.a. DataMetrix®

Traffic Count Map - Close UpPrepared by STDBonline

©2010 ESRI, MPSI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-447-9778 9/15/2010 Page 1 of 1

151st and 75 Latitude: 35.946676

Longitude: -96.009902Ring: 1, 3, 5 Miles

Source: © 2010 MPSI Systems Inc. d.b.a. DataMetrix®

Subject Property

Zoning Map - Subject Property

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