Eastgate Station.p65 - Amazon Web Services

Retail Eastgate Station
For Lease 700 Eastgate South Drive
FEATURES
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Directly across from Jungle Jim’s
International Market - drawing
over 100,000 customers a week.
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Shares two traffic light access points
with Jungle Jim’s.
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Eastgate is the dominant east side
Cincinnati mall market.
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Near major retailers - Eastgate Mall,
Meijer, WalMart, Sam’s, Best Buy, Bed
Bath & Beyond, HH Gregg, JoAnn
Fabrics, Kroger, Garden Ridge, Dick’s
Sporting Goods, Golf Galaxy, Marshalls,
DSW Shoes and Petsmart.
Demographics:
Population:
Total Households:
Avg. HH Income:
1 mile
3,717
1,523
$69,750
3 miles
48,860
19,583
$75,023
Traffic Counts:
State Route 32 at Eastgate Square Drive = 39,850 ADT 2006
5 miles
101,600
39,151
$85,110
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Where the action is in Eastgate!
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Subanchor space of 12,750 SF; 17,800 SF;
and 25,000 SF
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Smaller spaces starting at 700 SF on up
to 5,000 SF
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Rear signage facing SR 32
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1-acre outparcel build to suit or ground
lease
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Anchor rates $8-$10 PSF NNN ($1.75)
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Shop space: $10-$16 PSF NNN ($1.75)
LOCATION
Eastgate Station
770 Eastgate South Drive
Cincinnati, OH 45245
C O N TA C T
John Thompson, Chris Nachtrab or
Karen Duesing
513/769-2500
The information submitted is not guaranteed. Although obtained from reliable sources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice.
Eastgate Station
Eastgate Station - Lease Plan
Suite No.
Space
Lease Area
(square feet)
Width
Depth
250
A
17,800 SF
160'-0"
121'-4"
Former Steinbergs – former electronics/appliance store.
Front showroom with very low drop ceiling, back storage
area, 2 ADA washrooms, kitchenette. Tile and carpet floor.
Floor to bottom of truss. 13’ 5 ”
310
B1-B2
3,332 SF
47'-0"
70'-0"
Sizzling Wok
330
B3-B8
8,700 SF
106'-0"
70'-0"
Koto Japanese Steakhouse
390
C1
2,135 SF
30'-6"
70'-0"
Realty Executives
400
C2-C2a
2,900 SF
41'-7 1/4"
70'-0"
Former office space – 4 large offices, 2 ADA washrooms,
could be divided. In very good condition, carpeted. Floor to
drop ceiling 9’9”
410
C3
1,260 SF
16'-0"
70'-0"
Former hair salon – small office, storage room, 1 ADA
washroom, washer / dryer room with sink. Two sink bowl
hookups. Floor to drop ceiling 9’9”.
420
C4
2,135 SF
30'-0"
70'-0"
Nutrishop of Ohio
430/450
C5-C6
3,919 SF
45'-9"
70'-0"
Yellow Ribbon (Available) Could be divided.
470
D1-D6
10,540 SF
125'-0"
85'-0"
Next Level Fitness
$10.00 PSF NNN
$12,484/month
$10.00 PSF NNN
$12,484/month
Tenant/Space Description
490
E1
12,750 SF
75'-0"
170'-0"
Former Jo Ann Fabrics – open showroom space, back
storage area, 2 ADA washrooms, vinyl tile fooring. In very
good condition.
Floor to drop ceiling 11’, floor to bottom of truss 14’.
500
E2
12,750 SF
75'-0"
170'-0"
Former Coomers Crafts – open showroom space, back
storage area, 2 ADA washrooms, carpet fooring. In very
good condition.
Floor to drop ceiling 11’, floor to bottom of truss 14’.
678 SF
Rents
(NNN = $1.75)
$8.00 PSF NNN
$11,869/month
$10.50 PSF NNN
$2960/month
$16 PSF
$1850/month
$10.00 PSF NNN
$3837/month
Electric & Water Room
100
G
42,000 SF
205'-0"
200'-0"
Muenchen's
700
Ga
23,909 SF
125'-0"
200'-0"
Michaels
140
G1-G4
4,053 SF
100'-8"
40'-4"
Former Sprint endcap– front end finished out nicely, back is
unfinished space. Back storage area, 2 offices, 1 ADA
washroom, small kitchenette. Carpet and wood flooring. In
good condition. Floor to bottom of truss 16’.
$16.00 PSF NNN
$5995/month
160
F1-F3
2,230 SF
72'-0"
37'-8"
Former Adventure Tanks – lots of width, but shallow depth
space. Open showroom, with small back storage area, 1
ADA washroom. In good condition. Floor to drop ceiling 9’
8”.
$9.00 PSF NNN
$1998/month
190
F4-F5
2,000 SF
40'-0"
50'-0"
Former bank/credit union – front banking area with teller
counter, small back storage area, 1 ADA washroom,
kitchenette.In good condition. One janitor sink and (2)
offices. Floor to drop ceiling 9’ 5”.
$12.00 PSF NNN
$2292/month
200
F6
1,000 SF
20'-0"
50'-0"
1 ADA washroom, back door. With one office space. Floor
to drop ceiling 9’ 8”.
$13.00 PSF NNN
$1230/month
210
F7
1,000 SF
20'-0"
50'-0"
National Guard
220
F8
1,331 SF
26'-10"
50'-0"
230
F9
700 SF
13'-6"
50'-0"
296 SF
TOTAL
former Cookie Cutters kids hair salon. 1 ADA washroom,
back door. Floor to drop ceiling 9’ 8”.
Former Tux space. 1 non- ADA washroom, rear door. No
drop ceiling in rear. Needs to be finished out. Floor to drop
ceiling 9’8”.
$14.00 PSF NNN
$1750/month
$15.00 PSF NNN
$975/month
Electric & Water Room
157,418
Date: 12/14/2012
Executive Summary
Prepared by Jeff WolfThe Everest Group
Eastgate Station
700 Eastgate South Dr, Cincinnati, OH, 45245
Ring: 1, 3, 5 Miles
Latitude: 39.095912
Longitude: -84.271375
1 mile radius
3 miles radius
5 miles radius
3,717
49.9%
50.1%
33.9
48,860
48.7%
51.3%
34.6
101,600
48.6%
51.4%
36.5
$63,322
$29,478
$69,750
$65,404
$30,056
$75,023
$69,298
$32,887
$85,110
1,523
2.40
19,583
2.49
39,151
2.58
2010 Housing
Owner Occupied Housing Units
Renter Occupied Housing Units
Vacant Housing Units
53.4%
40.5%
6.1%
60.2%
33.3%
6.6%
64.8%
28.4%
6.8%
Population
1990 Population
2000 Population
2010 Population
2015 Population
1990-2000 Annual Rate
2000-2010 Annual Rate
2010-2015 Annual Rate
3,021
3,502
3,717
3,867
1.49%
0.58%
0.79%
36,558
44,661
48,860
50,822
2.02%
0.88%
0.79%
74,727
91,402
101,600
106,129
2.03%
1.04%
0.88%
2010 Population
Total Population
Male Population
Female Population
Median Age
2010 Income
Median HH Income
Per Capita Income
Average HH Income
2010 Households
Total Households
Average Household Size
In the identified market area, the current year population is 101,600. In 2000, the Census count in the market area was 91,402. The rate of
change since 2000 was 1.04 percent annually. The five-year projection for the population in the market area is 106,129, representing a
change of 0.88 percent annually from 2010 to 2015. Currently, the population is 48.6 percent male and 51.4 percent female.
Households
1990 Households
2000 Households
2010 Households
2015 Households
1990-2000 Annual Rate
2000-2010 Annual Rate
2010-2015 Annual Rate
1,172
1,407
1,523
1,597
1.84%
0.78%
0.95%
13,281
17,556
19,583
20,470
2.83%
1.07%
0.89%
26,672
34,758
39,151
41,045
2.68%
1.17%
0.95%
The household count in this market area has changed from 34,758 in 2000 to 39,151 in the current year, a change of 1.17 percent annually.
The five-year projection of households is 41,045, a change of 0.95 percent annually from the current year total. Average household size is
currently 2.58, compared to 2.61 in the year 2000. The number of families in the current year is 27,848 in the market area.
Housing
Currently, 64.8 percent of the 42,004 housing units in the market area are owner occupied; 28.4 percent, renter occupied; and 6.8 percent
are vacant. In 2000, there were 36,291 housing units - 68.2 percent owner occupied, 27.6 percent renter occupied and 4.2 percent vacant.
The rate of change in housing units since 2000 is 1.44 percent. Median home value in the market area is $159,743, compared to a median
home value of $157,913 for the U.S. In five years, median home value is projected to change by 1.83 percent annually to $174,863. From
2000 to the current year, median home value changed by 1.66 percent annually.
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015. Esri converted 1990 Census data into 2000 geography.
©2011 Esri
12/06/2012
Page 1 of 2
Executive Summary
Prepared by Jeff WolfThe Everest Group
Eastgate Station
700 Eastgate South Dr, Cincinnati, OH, 45245
Ring: 1, 3, 5 Miles
Latitude: 39.095912
Longitude: -84.271375
1 mile radius
3 miles radius
5 miles radius
Median Household Income
1990 Median HH Income
2000 Median HH Income
2010 Median HH Income
2015 Median HH Income
1990-2000 Annual Rate
2000-2010 Annual Rate
2010-2015 Annual Rate
$31,875
$45,311
$63,322
$69,242
3.58%
3.32%
1.8%
$35,892
$49,702
$65,404
$73,805
3.31%
2.71%
2.45%
$39,500
$54,707
$69,298
$77,905
3.31%
2.33%
2.37%
Per Capita Income
1990 Per Capita Income
2000 Per Capita Income
2010 Per Capita Income
2015 Per Capita Income
1990-2000 Annual Rate
2000-2010 Annual Rate
2010-2015 Annual Rate
$13,853
$20,871
$29,478
$32,836
4.18%
3.43%
2.18%
$14,195
$22,616
$30,056
$33,461
4.77%
2.81%
2.17%
$16,598
$26,368
$32,887
$36,595
4.74%
2.18%
2.16%
Average Household Income
1990 Average Household Income
2000 Average Household Income
2010 Average HH Income
2015 Average HH Income
1990-2000 Annual Rate
2000-2010 Annual Rate
2010-2015 Annual Rate
$35,043
$50,130
$69,750
$76,944
3.65%
3.27%
1.98%
$38,968
$57,452
$75,023
$83,107
3.96%
2.64%
2.07%
$46,228
$69,451
$85,110
$94,375
4.15%
2%
2.09%
Households by Income
Current median household income is $69,298 in the market area, compared to $54,442 for all U.S. households. Median household income is
projected to be $77,905 in five years. In 2000, median household income was $54,707, compared to $39,500 in 1990.
Current average household income is $85,110 in this market area, compared to $70,173 for all U.S. households. Average household income
is projected to be $94,375 in five years. In 2000, average household income was $69,451, compared to $46,228 in 1990.
Current per capita income is $32,887 in the market area, compared to the U.S. per capita income of $26,739. The per capita income is
projected to be $36,595 in five years. In 2000, the per capita income was $26,368, compared to $16,598 in 1990.
Population by Employment
Total Businesses
Total Employees
471
9,319
1,628
20,633
3,311
41,454
Currently, 89.9 percent of the civilian labor force in the identified market area is employed and 10.1 percent are unemployed. In comparison,
89.2 percent of the U.S. civilian labor force is employed, and 10.8 percent are unemployed. In five years the rate of employment in the market
area will be 91.8 percent of the civilian labor force, and unemployment will be 8.2 percent. The percentage of the U.S. civilian labor force that
will be employed in five years is 91.2 percent, and 8.8 percent will be unemployed. In 2000, 71.6 percent of the population aged 16 years or
older in the market area participated in the labor force, and 0.0 percent were in the Armed Forces.
In the current year, the occupational distribution of the employed population is:
• 69.1 percent in white collar jobs (compared to 61.6 percent of U.S. employment)
• 14.4 percent in service jobs (compared to 17.3 percent of U.S. employment)
• 16.6 percent in blue collar jobs (compared to 21.1 percent of U.S. employment)
In 2000, 84.8 percent of the market area population drove alone to work, and 3.0 percent worked at home. The average travel time to work in
2000 was 25.4 minutes in the market area, compared to the U.S. average of 25.5 minutes.
Population by Education
In 2010, the educational attainment of the population aged 25 years or older in the market area was distributed as follows:
•
•
•
•
•
8.2 percent had not earned a high school diploma (14.8 percent in the U.S.)
26.9 percent were high school graduates only (29.6 percent in the U.S.)
9.6 percent had completed an Associate degree (7.7 percent in the U.S.)
23.0 percent had a Bachelor's degree (17.7 percent in the U.S.)
12.3 percent had earned a Master's/Professional/Doctorate Degree (10.4 percent in the U.S.)
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015. Esri converted 1990 Census data into 2000 geography.
©2011 Esri
12/06/2012
Page 2 of 2