5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is...

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5660 Indian River Road Virginia Beach, Virginia 23464 Developed, Leased and Managed By: The Breeden Company 560 Lynnhaven Parkway Virginia Beach, Virginia 23452 Phone:757.486.1000 Fax:757.463.9164 Website: www.thebreedencompany.com

Transcript of 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is...

Page 1: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

5660 Indian River Road Virginia Beach, Virginia 23464

Developed, Leased and Managed By:

The Breeden Company

560 Lynnhaven Parkway Virginia Beach, Virginia 23452

Phone:757.486.1000 Fax:757.463.9164 Website: www.thebreedencompany.com

Page 2: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Conveniently located on Indian River Road by the I-64 interchange. Tremendous traffic counts of over 81,000 cars per

day. Directly across from Regent University, consisting

of over 10,000 students, faculty and staff and AmeriGroup, one of the largest employers in the area with over 1,850 employees.

Over 307,000 potential customers within a five (5)

mile radius. The Breeden Company develops, leases, and

manages its properties and is locally operated. We take pride in our properties and constantly monitor all details because we have a vested interest.

WHY CHOOSE UNIVERSITY SHOPPES?

Page 3: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Center Location: University Shoppes

5660 Indian River Road Virginia Beach, Virginia 23464 Size: 47,200 Square Feet Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot

Space Available: Unit 117-119 - 3,600 S.F. (Available 3/1/19)

Unit 123 - 1,100 S.F.

LEASING

MAJOR TENANTS OUTPARCELS

Indian River Therapy Center

Page 4: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Suite# Tenant

101 Lickety Nit 102 - 104 Oriental Cuisine Kainan Restaurant 105 - 106 Barber Emporium 107 Parlor Barbershop 108 Foot Spa 109 Ellen’s Home-Style Cooking & BBQ Express 110 Poke 99 111 Jazzy Hair 112 E-Cig City Virginia Beach 113 Goodrich Gourmet Catering 114 Family Dentistry 115 Tops China Restaurant 116 Seafood Market 117 - 119 Happy Paws (AVAILABLE 3,600 SF - 3/1/19) 120-121 YMCA 122 Sentara Indian River Therapy Center 123 AVAILABLE 1,100 Square Feet 124 Nails 125 NY/LA Music Lessons & Rehearsal Studios 126 State Farm

UNIVERSITY SHOPPES SHOPPING CENTER

Page 5: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Available

3/1/19

Page 6: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space
Page 7: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space
Page 8: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space
Page 9: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Virginia Beach, VA: 2018 Population

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Page 10: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Virginia Beach, VA: 2018 Average Household Income

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Page 11: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Population

Households

Age, total population

Age, male population

Age, female population

DemographicReports (949)365-0125www.demographicreports.com

85 years and overMedian Age

under 20 years20 to 34 years35 to 44 years45 to 64 years65 to 84 years85 years and overMedian Age

under 20 years20 to 34 years

35 to 44 years45 to 54 years55 to 64 years65 to 74 years75 to 84 years85 years and overMedian Age

35 to 44 years45 to 64 years65 to 84 years

% Change 2010-20182010 Census

% Change 2000-20102000 Census

under 5 years5 to 9 years10 to 14 years15 to 19 years20 to 24 years25 to 34 years

2023 Projection% Change 2018-2023

2018 Estimate% Change 2010-2018

2010 Census% Change 2000-2010

2000 Census

2023 Projection% Change 2018-2023

2018 Estimate

23.4%24.3%12.7%24.9%12.8%

1.8%

12.8%23.0%10.3%

1.0%

6.0%5.9%7.4%

17.7%12.8%11.9%12.1%

7.9%3.7%1.4%

27.1%25.9%

7.0%6.3%

1.2%

5.4%

5.0%

5.5%

9.9%

9.2%

36.70

39.96

159,39437,35138,73720,29439,73420,349

2,930

38.34

148,30340,129

1,420

19,01434,07015,309

38,359

99,804

307,69721,63819,32118,41218,10922,74254,35439,30836,49837,30624,34011,318

4,350

6,6587,370

19,248

278,128

126,295

119,739

108,959

25.8%

5.9%5.9%5.8%6.4%

16.7%12.8%12.3%13.1%

9.0%4.1%

311,243

307,697

292,021

38.58

59,51413,23613,333

7,61515,676

8,4981,15642.10

47,138

44,863

40,736

37,141

114,9537,3336,7406,807

12.8%26.3%14.3%

1.9%

115,881

22.2%22.4%

24.0%12.8%24.4%11.9%

1.1%

1.5%

6,615606

5.1%

10.1%

9.7%

6.4%

13,5437,089

15,09910,380

4,7331,76240.35

14,70414,120

55,43814,30213,285

114,953

109,469

6.7%

7.8%

4.6%

12.1%

0.8%

5.0%

3.5%105,741

5.4%

0.0%

2.1%

12.3%22.8%

1.1%

6.5%5.6%6.0%6.8%7.2%

16.5%12.6%11.9%12.3%

9.0%3.9%1.6%

26.9%24.9%

2.1%

23.3%22.7%12.8%25.6%13.5%

74266

13941.50

6,5651,5291,487

8411,683

885

37.19

489205

39.31

2,0921,5931,5111,5671,138

1,524

6,1251,647

7521,395

829714764869

11,796

4,806

4,596

4,307

3,994

12,690

Source: Scan/US 2018 Estimates (Jan 1)2000/2010 Census

Demographic Comparison Report Page 1 of 406/29/2018

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

1 MI RING 3 MI RING 5 MI RING

12,690

12,690

12,428

919

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Family Income (families)under $10,000

Average non-family incomeMedian non-family income

DemographicReports (949)365-0125www.demographicreports.com

$46,470

$801.2

$84,844

$42,124$59,301

13,5921,208

$200,000 - $249,999$250,000 and over

$71.6

$40,000 - $49,999

1.7%56

2121.8%6.3%

1.3%

Non-Family Income (non-families)

Median family income

Aggregate non-family income ($mil)

921.9%

$355.7$104,984

64

2000/2010 Census

8.3%

2.7%

10.0%9.0%

Aggregate family income ($mil)

313

14.0%$100,000 - $124,999

471 13.9%

8.9%

$60,000 - $74,999864

301476

25.5%

2,30280,937

8.6%

Average family income

$20,000 - $24,999

426

1.7%4362

646$30,000 - $34,999$35,000 - $39,999

$15,000 - $19,999

$75,000 - $99,999

9.2%$150,000 - $199,999$125,000 - $149,999

3,689

10,3458.9%

3.4%

2.6%

$81,187

2.4%

$9,721.3

19,251

493

3,936

4.5%

3.1%

3.7%3.5%

4,928

3.6%4.5%

4,2254,4594,3575,372

10.1%16.1%

6.2%6.4%

12.3%

119155

124

10,618

1,0731,274

3,7127.6%5,338

7,699

1,055547 12,080

4.0%

8.3%7.8%

593

3,513

14,69411.9%

11.7%

2.1%

2.2%

3.4%

2.7%

2.8%2.4%

3.2%3.3%

2.9%

3.9%

2.6%1,806

$10,000 - $14,999

170 1,737

2.6%

1,46711895

4,596

$35,000 - $39,999

1,442

3.7%

102

$30,000 - $34,999

44,863

Total Aggregate Income ($mil)

under $10,000

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

119,7391,302 4.1%

18.0%

Demographic Comparison Report Page 2 of 406/29/2018

$429.0 $4,088.7 $9,740.9$33,808 $35,568 $31,657

1 MI RING 3 MI RING 5 MI RING

7.8%

1.4%

7.2%

356

11.9%7.5%

1.5% 2.1%3.2%

6.8%

1.6%

$15,000 - $19,999$20,000 - $24,999$25,000 - $29,999

$125,000 - $149,999$150,000 - $199,999

8,059

3,488

3,388

$10,000 - $14,99947

332

2.2%72

2,069

2.0%

2.7%1.7%

3,176

7,440

2.8%

$66,424

3.8%

$25,000 - $29,999 58

923

$91,034$4,084.1

2.3%

66

Median Household Income

1.1%2.1%

$76,874$92,970

7.0%

23.0%

3,054

1.9%1.4%

5,245

Aggregate Household Income ($mil)Average Household Income

12.9% 5,349

71

$427.3105

$73,572

1,420

343

$200,000 - $249,999$250,000 and over

$50,000 - $59,999

$100,000 - $124,999

321348$40,000 - $49,999

$60,000 - $74,999$75,000 - $99,999

1,799

$2,141.1

$41,709

$93,655

38,802

1,961

4.1%

3,125

2,053

6,229

765

857

19.9%

$77,299

2,718

2,132

2.4%2.1%2.0%

6,063

$7,580.2

4,497

$58,944

12.5%

7.5%

$85,725

$3,282.9$104,985

1,284

31,270

1,596

1,8572.7%

3,091

14,787

6.6%

10,147

9,758

12.6%

2.9%

14.4%

2,811

906

12.1%

2,782

6,812 8.4%

$55,181

2.3%3.4%

6,683

Source: Scan/US 2018 Estimates (Jan 1)

Per Capita Income

Household Income (households)

$50,000 - $59,999 192 5.7% 2,267 7.2% 6,447 8.0%

620

18.3%

Page 13: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Vehicles in owner householdsVehicles in renter households

DemographicReports (949)365-0125www.demographicreports.com

3,299

4,854

410

800

6,287243

In armed forces

Employed

Employed

No high school dipoloma

Education (persons 25+)

Not in labor force

Male Population, Age 16+

Associate degree

Unemployed

3,120In armed forces

7.3%

7.3%

615 5,822High school diplomaCollege, no diploma

21.6%

96828,745

Bachelor's degreeGraduate/professional degree

Labor Force (persons 16+ yrs)Total Population, Age 16+

353

106

1,308

1373,056

Households with no vehicles

Unemployed

In armed forcesNot in labor force

Female Population, Age 16+Employed

Not in labor force

1,991

3,231Unemployed

Vehicles Available (households)1,675

57928

5,385 48,800

44,863

17,839

2.0%1.1%

4,596158

2,100

3.4%

26.2%

2.02 1.902.08

2,503

9,562 227,344

Source: Scan/US 2018 Estimates (Jan 1)2000/2010 Census

Total vehicles available

7,059

13,033

1,235

29.1% 38,6971,10245.7%24.0%Households with 1 vehicle

Households with 2 vehiclesHouseholds with 3+ vehicles 26.9%

Average vehicles per household

29.8%67,85623.8%21,617

90,662

18,68722.2%

76.2%

22.0%

4.0%

63.0%

57,99492,774

43,974

28,980

60.2%

25.3%

159,488

26.9%

4.2%

153,384

11,94073,948

75,605

31.2%

65.4%

2.4% 5,754

73.8%

11,141

29,249

784

3,565

5 MI RING

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

26,606

69,045

25.6%

70.2%

41.7% 40.2%48,08111,467

7.2%

32.2%

9.3%

61.4%

54.6%

307,697

Demographic Comparison Report Page 3 of 406/29/2018

28.1% 27,455 33.2%102,0696,926White

1 MI RING 3 MI RING

Population by Race/Ethnicity 12,690 114,953

Black159,702

23,382

6.3%

313

7.6%

51.9%

6.9%

7.6%0.1%

23,3520.1%

23.9%

0.4%

2,43218,918

9.2%

6.6%

841

21,120 26.4%1,984 23.6%23.1%

80,0928,595

60.1%69,109

1,896

17,271

10,239

874 10.2%1,890

28.3%

11.0%8,829

2.0%62.5%

450 1,1747,228

7,931833

American Indian/AK NativeOther/multiple races

43

6.9%Hispanic Origin

0.4%0.3%6.6% 21,086

AsianHawaiian/Pacific Islander

10,617940.1%

10.3%8

1,308

62.6%

4.9%2.3%

2,9022.2% 2.5%65.2%

30.2%3,904

207,533

22,260

17,67751,22955,776

20,19040,401

8,132 10.2%

8.5%

245,026

10.7%19.5%

9.7%

26.9%24.7%

2.8%

3.7% 6,354

1.6%36.6%37.0%

119,739

77,779129,146

1.9%59.9%60.0%

27,8579,5167.1%

115,880

8.2%24.0%

32.3%

2,852

35.7%1.9%2.2%

5.3%

2,42446,091

Page 14: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

HouseholdsAverage household size

FamiliesAverage family size

Non-FamiliesAverage non-family size

Group Quarters

Household TypeFamilies

Married coupleswith children

Male householder, no wifewith children

Female householder, no husbandwith children

Non-Familieswith children

Age of Householder (households)under 25 years25 to 34 years35 to 44 years45 to 54 years55 to 64 years65 to 74 years75 to 84 years85 years and over

Household Size (households)1 person2 person3 to 4 persons5+ persons

Total Housing UnitsOccupied

Owner-occupiedRenter-occupied

Vacant

Housing ValueAverage Home ValueMedian Home ValueAverage Contract RentMedian Contract Rent

DemographicReports (949)365-0125www.demographicreports.com

38,802

2.53

80,937

2.67

3,3883.14

1,208

4,596 119,739

Demographic Comparison Report Page 4 of 406/29/2018

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

1 MI RING 3 MI RING 5 MI RING

3,3882,4571,024

191123

1.36

407

876789809870

741

1,20816

201

22,794

3,155

292106

9121,5721,610

501

4,7024,596

652

504

966

31,270

44,8632.54

31,2703.08

13,592

1,441106

$273,845$255,873

4,212

1.30

7,7047,7828,631

$1,277$1,203

13,774

9,6091,9361,0566,540

13,592175

1,817

10,59715,71614,544

8,687

4,006

45,80644,86331,089

72.9%42.2%

6.2%

2,579

38,802473

5,58625,35921,14720,59321,922

7,3686,229

3.12

4,565

80,93754,70124,076

5,7443,153

20,49113,747

1.30

54.5%

35.0%

4.1%19.4%17.2%

6.7%

5.6%64.4%21.9%

72.5%41.7%

97.7%68.6%31.4%

2.3%

19.8%34.2%35.0%

1.3%

4.4%19.1%17.2%

68.0%

3,00015,186

10.9%

17.6%18.9%14.2%

6.4%2.3%

29,96740,37838,191

1,013

67.1%

1.2%

67.6%44.0%

17.3%19.2%13.9%

64.4%

1.3%

20.9%

4.7%

7.1%54.9%25.3%

2.1%

32.4%8.9%

97.9%69.3%

2.3%

23.6%

30.7%

31.9%

21.2%17.7%17.2%18.3%12.7%

6.2%2.2%

25.0%33.7%

943

$278,847$267,816

$263,360

9.4%

97.3%62.0%38.0%

123,107119,739

74,20745,532

3,368

11,202

$255,036$1,146$1,067$1,140

$1,203

Source: Scan/US 2018 Estimates (Jan 1)2000/2010 Census

2.7%

Page 15: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Virginia Beach, VA: 2018 Employees

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Page 16: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Total Establishments

Establishments by TypeIndustrial

MiningConstructionConstruction, <10 employeesHigh-tech/researchTrans/comm/utilitiesWholesale/industrialWarehousingGeneral industrial

ManufacturingHeavy manufacturingGeneral manufacturingLight manufacturingManufacturing, <10 employees

CommercialRetail tradeRestaurants/barsPersonal/rental/repair servicesAutomotive repair servicesHotels/motelsTheaters/retail amusementsEquipment rentalWholesale/commercialGeneral commercial

OfficesBusiness and corporate administrationFinance/ins/real estateFinance/ins/real estate, <10 employeesProfessional servicesBusiness servicesGeneral officeMedical services

OtherSchools and collegesLibrariesHospitals/medical servicesMuseums/art galleries/gardensOutdoor recreation/amusement parksPublic administrationChurchesOther, not elsewhere classified

AgricultureAgricultural productionAgricultural services

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17

367114

43

42

4416

Business Comparison Report Page 1 of 206/29/2018

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

1 MI RING 3 MI RING 5 MI RING

9

Source: InfoGroup, Scan/US 2018 Estimates

2611

745050

6

9040

3642

1,36934.7%

671

5914

370

0002

233

22

3618

65689

42

0.3%

0.0%0.0%

100.0%

38297

11

164

252699

3330

265

3983

0

2

4,548

5282

38.9%0.4%

06

2753

6

5769

113

436220282

7222

9

1,89117

656

1.3%18.0%

142

13,448

1,54915

150786

36

5731

147324

43

164236113

497.3%3.2%

18911

5,366

4,416

223263134

132

718822247

100

11.5%1.0%9.7%

50.7%2.3%

145137344903

10.6%15.2%

1,910

70

1,562

1.7%

1

62

7231

13098

736

462815

1,060345704

101

1,797

35.4%16.3%18.6%

5.6%1.6%0.7%

13.4%10.5%

0.6%3.5%0.3%6

11.7%13.9%15.2%59.2%

32.8%

19.8%6.4%

13.1%35.6%

2.9%2.2%

16.7%

39.9%1.3%8.6%

15.2%

1.0%99.0%

11.6%0.4%7.2%

56.3%2.1%

8.1%7.6%

19.1%50.3%

0.8%

41.6%

30.1%

10.8%13.1%

6.8%3.4%

1.4%9.2%

12.3%13.8%64.6%

0.0%

19.4%6.0%

13.3%37.0%

0.9%

31.8%16.1%20.6%

5.3%1.6%0.7%2.4%2.2%

19.4%

15.3%1.7%

11.9%0.0%

1.7%

2.3%97.7%

8.8%1.7%6.8%

62.7%0.0%

8.7%4.7%

22.4%49.4%

0.0%

8.0%15.4%

13.8%16.1%16.9%

6.1%

10.4%0.5%4.0%

683

260

151291

0.9%

14.4%

31.8%21.5%21.5%

2.6%0.9%0.9%

14.9%31.8%

16.8%8.0%0.0%3.5%0.0%

0.0%100.0%

14.2%3.5%

23.9%46.9%

0.9%

Page 17: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Total Employees

Employees by TypeIndustrial

MiningConstructionConstruction, <10 employeesHigh-tech/researchTrans/comm/utilitiesWholesale/industrialWarehousingGeneral industrial

ManufacturingHeavy manufacturingGeneral manufacturingLight manufacturingManufacturing, <10 employees

CommercialRetail tradeRestaurants/barsPersonal/rental/repair servicesAutomotive repair servicesHotels/motelsTheaters/retail amusementsEquipment rentalWholesale/commercialGeneral commercial

OfficesBusiness and corporate administrationFinance/ins/real estateFinance/ins/real estate, <10 employeesProfessional servicesBusiness servicesGeneral officeMedical services

OtherSchools and collegesLibrariesHospitals/medical servicesMuseums/art galleries/gardensOutdoor recreation/amusement parksPublic administrationChurchesOther, not elsewhere classified

AgricultureAgricultural productionAgricultural services

DemographicReports (949)365-0125www.demographicreports.com

36.0%

3.7%1.8%

429

1,223

13266

Business Comparison Report Page 2 of 206/29/2018

1 MI RING 3 MI RING 5 MI RING

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

3280

940

965142

6798

0

00

413

17

7,882

2282

0.0%0.0%

100.0%06

2,840

Source: InfoGroup, Scan/US 2018 Estimates

3,57930

399746176

7.5%0.0%

0.1%0.0%

324

0

6

115122

26

0.1%1.0%

43.1%

1,920

0102

2.9%0.9%

29.4%43.0%

0.0%

357143136

69

102

18.0%1.3%

1,127

14.0%26.3%

6.2%0.9%4.0%4.3%

45.4%0.8%

14.3%

53.6%9.1%

0.0%100.0%

48,906

4,85611

1,478891379

31.7%12.7%12.1%

6.1%

1.3%

29.1%0.0%8.3%0.0%

27.0%4.0%

892705334166

6.9%3.4%

3,63840

20,271

14,365

761125286186164

3,2871,904

312

330

9.9%0.2%

30.4%18.3%

7.8%

9041,262

910632

18.4%14.5%

4,372

2,968

4,826

1.6%

2

936

787183106217

2,743

2,782962

3,3361,1204,731

332

8,322

33.6%22.9%13.3%

2.2%5.5%1.3%

17.0%43.7%

0.5%11.2%

0.0%0

16.4%37.6%24.4%21.6%

0.7%

29.4%

16.5%5.5%

23.3%21.6%

0.7%1.5%

19.1%

41.4%14.6%13.7%

4.7%

488

0.6%99.4%

191,569

18,496102

6,5532,5361,475

10.9%15.2%10.9%

7.6%

2,1484,0181,023

6415.5%3.5%

11,922279

11,1373,7719,908

42,501

15,076

21,80012,352

4,7721,4192,004

391

781

9.7%0.6%

35.4%13.7%

8.0%

2,0083,5882,0452,399

11.6%21.7%

71

6,7492,751

2.0%

2

2,446

5031,1787,451

91,893

51,870

3,7681,0791,366

835

783

24,758

42.0%23.8%

9.2%2.7%3.9%0.8%

10.8%46.3%

12.9%48.2%

1.1%9.9%

28.6%36.3%22.2%13.0%

27.1%

7.3%3.0%

12.1%4.1%

1.0%2.3%

14.4%

48.0%16.4%

0.3%

0.3%99.7%

8.1%14.5%

8.3%9.7%

0.4%

Page 18: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Virginia Beach, VA: 2018 Average Annual Spending

© 2

018

Scan

/US,

Inc.

All

righ

ts r

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06/29/2018DemographicReports.com (949)365-0125

Page 19: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

HouseholdsOwner householdsRenter households

Average Household incomeAverage Annual Household Spending

Average Annual Spending by Category

Alcoholic beverages

Tobacco products

DemographicReports (949)365-0125www.demographicreports.com

Girls, 2 to 15 yrs

Owned dwellings Mortgage interest/charges Property taxes Maintenance/repairs/insuranceRented dwellingsOther lodging

Household furnishings & equipmentHousehold textilesFurnitureFloor coveringsMajor appliancesSmall appliances/housewaresMiscellaneous household equipment

Utilities/fuels/public services

Men, 16 yrs and over

$1,018

Food

$65,035 $65,827

$579

$81,187$61,439

$21,366$11,741

$6,355

$91,034$92,970

12.6%55.8%12.6%22.4%

$8,163$4,538

$573

4,5963,1551,441

119,73974,20745,532

44,86331,08913,774

Consumer Spending Comparison Report Page 1 of 206/29/2018

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

1 MI RING 3 MI RING 5 MI RING

Women, 16 yrs and over

Food at homeCereals/bakery productsMeats/poultry/fish/eggsDairy productsFruits/vegetablesOther food at home

Food away from home

HousingShelter

ApparelMen & boys

Boys, 2 to 15 yrsWomen & girls

Household operationsHousekeeping supplies

$3,280

$1,715$813

$381

$1,539$1,537$4,146

$512

$8,220$4,587

$1,028$436$870

$1,666$3,633

$1,237

$2,191

Source: Scan/US 2018 Estimates (Jan 1)

$2,019

$115$545

$16$366$134

$1,016

54.1%51.6%

19.0%36.3%44.2%

0.8%

$11,854$7,004$3,617

$862$1,645

$451$340$111$752$655

$97

$4,898

$375

$21,546

$431

$3,624

$511

$551

$2,223

$16$373$134

$1,034

$1,697$1,690$3,782$1,065

$455$344$111$748$652

$97

$4,883$1,758

$820

$2,026

$115

$7,741$4,343

$550$979$413$820

$1,572$3,397

$470

$2,059

$377

$20,425$11,278

$6,020$3,124$1,451$1,445$4,301

$955

$1,635$771

$1,928

$109$514

$15$349$126$945

12.6%56.1%12.7%22.5%

9.5%

$436$327$108$708$614

$93

$4,674

0.6%

33.2%55.2%53.4%51.9%

18.9%36.2%43.9%

0.8%

22.6%75.2%24.8%36.7%86.8%13.2%

22.9%8.0%3.8%

3.1%

0.7%

36.2%44.4%

0.8%

17.0%6.1%

45.9%

24.1%24.0%38.1%

8.5%

10.1%5.3%

25.0%

12.4%55.6%12.6%22.4%

8.2%3.8%

3.1%

5.2%24.8%

0.7%16.8%

6.0%46.5%

9.5%

10.3%

0.6%

32.7%55.0%59.1%51.6%24.2%24.1%31.9%

9.0%

9.5%19.0%

6.1%46.4%

24.2%24.2%35.3%10.5%

10.3%5.2%

24.9%0.7%

16.7%

22.4%75.7%24.3%36.9%87.1%12.9%

22.7%

0.6%

32.9%55.0%

22.3%75.4%24.6%37.3%87.1%12.9%

3.1%

22.9%8.0%3.8%

Page 20: 5660 Indian River Road Virginia Beach, Virginia 23464 · Parking: 300 Spaces Rental Rate: Price is Negotiable, Triple Net Estimated CAM, Taxes & Insurance: $3.10 Per Square Foot Space

Average Annual Spending by Category

Other apparel

Public & other transportation

Personal care products and services

DemographicReports (949)365-0125www.demographicreports.com

$90$433$300

Consumer Spending Comparison Report Page 2 of 206/29/2018

1 MI RING 3 MI RING 5 MI RING

5660 INDIAN RIVER RD: VIRGINIA BEACH,VA 23464: SITE LOCATED AT 36.80456, 76.18900University Shoppes

$87 $84 4.4%4.3%21.5%14.3%

21.5%4.5%

14.6%21.4%14.8%

$415$282

47.9%$10,616 16.3% $11,021 16.7% $10,149 16.5%

$5,145 48.5% $5,296 48.1% $4,865

$435$288

50.4%$2,365 46.0% $2,439 46.0% $2,301 47.3%$2,656 51.6% $2,736 51.7% $2,451

20.7%

29.6% $3,242

2.3%Other vehicles $124 2.4% $122 2.3% $112

26.8%

29.2%$285 9.1% $295 9.1% $273 9.2%$829 26.4% $866 26.7% $794

29.4% $2,962$3,139

$2,181 20.5% $2,257 20.5% $2,106

15.3%$1,551 49.4% $1,580 48.7% $1,442 48.7%

$475 15.1% $501 15.5% $452

2.1%$147 1.4% $221 2.0% $212

$5,490 8.4% $5,450 8.3% $5,055 8.2%

$604

69.3%$906 16.5% $902 16.6% $828 16.4%

$3,795 69.1% $3,762 69.0% $3,501

$186 3.4% $185 3.4% $16911.0% $600 11.0%

3.3%11.0% $557

19.0%$3,519 5.4% $3,551 5.4% $3,317 5.4%

$676 19.2% $697 19.6% $63239.9%

$898 25.5% $897 25.3% $837 25.3%$1,382 39.3% $1,387 39.1% $1,323

$564 16.0% $570 16.0% $524 15.8%

$126 0.2% $115

$792 1.2% $791 1.2% $740 1.2%

0.2%$125 0.2%

95.3%

1.7%$1,062 1.6% $1,102 1.7% $1,031Education

$7,977 12.1% $7,19695.4% $7,605 95.3% $6,861

11.7%

4.7%$363 4.6% $372 4.7% $335

$7,904 12.2%

3.3%$2,089 3.2% $2,236 3.4% $2,008

1.4%$65,035 $65,827 $61,439

$930 1.4% $944 1.4% $880

Source: Scan/US 2018 Estimates (Jan 1)

2,019 2,026 1,928

Cars and trucks, newCars and trucks, used

Gasoline & motor oil

DrugsMedical supplies

Medical services

Other vehicle expensesFinance charges

Apparel (cont'd)Children under 2 yrsFootwear

TransportationVehicle purchases

Pensions/social securityLife/other personal insurance

Cash contributions

Miscellaneous

$7,541Personal insurance & pensions

Maintenance and repairsInsuranceRental/leasing/other

Health careHealth Insurance

Fees and admissionsAudio/visual equipment/servicesPets/toys/playground equipmentOther entertainment supplies

Reading

Entertainment