OFFERING MEMORANDUM MIDWAY PLAZA · Tenant Name (Lease Type) Tenant Description Square Feet...

PLAZA721 US-321 BYP, Winnsboro, SC 29180

MIDWAY

OFFERING MEMORANDUM

Broker of Record: Drew Babcock

https://www.google.com/maps/place/721+US-321+BYP,+Winnsboro,+SC+29180/@34.3605891,-81.097324,1075m/data=!3m1!1e3!4m5!3m4!1s0x885619e03b50dc63:0x64d2c77669067efc!8m2!3d34.3603089!4d-81.0967026

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C O N F I D E N T I A L I T Y & D I S C L A M E R

The information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the

party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of

Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and

to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due

diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the

income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the

property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and

Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or

any tenant's plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has

been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information

contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation

whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to

verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services,

Inc. © 2018 Marcus & Millichap. All rights reserved

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package.

The presence of any corporation's logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said

corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap,

and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.

PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

MIDWAY PLAZA STRIP CENTER

Winnsboro, SC

ACT ID Z0360108

N O N - E N D O R S E M E N T N O T I C E

JOEL M. DUMESSenior Vice President Investments

Senior Director - National Retail Group

Cincinnati Office

Tel: (513) 878-7720

Fax: (513) 878-7710

[email protected]

Licenses: OH SAL.2003013045, KY 63818

STANTON R. FALKFirst Vice President Investments


Cincinnati Office

Tel: (513) 878-7721

Fax: (513) 878-7710

[email protected]

Licenses: OH SAL.2012001364

EXCLUSIVELY LISTED BY:

www.dumesfalk.com


PLAZAMIDWAY

http://www.dumesfalk.com/

TABLE OF CONTENTS

01INVESTMENT OVERVIEW

02PRICING & FINANCIAL ANALYSIS

03DEMOGRAPHIC & MARKET OVERVIEW

01INVESTMENT

OVERVIEW

Regional Finance (1)

Vacant (2)

Rent-A-Center (3)

Vacant (4)

Vacant (5)

Vacant(6)

Vacant(7)

JD Fashion (8)

Vacant (9)

CATO(10)

1,500 SF 1,500 SF 3,000 SF 4,000 SF 1,200 SF 1,200 SF 1,500 SF 5,000 SF 2,800 SF 4,160 SF

*Site plan is a representation of the property with the number of units, parking spots and relative size of both. It does not show the absolute exact size of the units relative to the other spaces or the exact number of parking spots.

Park Sterling Bank

(Not Included)

Vacant Wendy’s(Not Included)

Fairfield Career & Technology Center

Fairfield Middle School

Fairfield Central High School

Fairfield County School District

Fairfield Memorial Hospital

Fairfield Central High SchoolEnrollment: 810Fairfield Middle SchoolEnrollment: 445Fairfield Career & Technology CenterEnrollment: 400

• Breakthru Beverage South Carolina• Lang-Mekra North America Holdings• Hypac• Lang-Mekra North America• Fairfield County School District

WITHIN OPPORTUNITY ZONE

23 Milesfrom Colombia

02PRICING & FINANCIAL

ANALYSIS

721 US-321 BYP, Winnsboro, SC 29180

THE OFFERING

DEMOGRAPHICS

3-Miles 7-Miles 10-Miles

2018 Estimated Population 6,734 11,588 15,913

2018 Estimated Household 2,650 4,461 6,076

2018 Estimated Employees 5,449 8,683 11,177

SITE DESCRIPTION

PRICING DETAIL & OPERATING DATA

Built 1998

Gross Leasable Area (GLA) 25,860 SF

Occupancy 53%

Lot Size +/- 5.58 Acres

Ownership Fee Simple

Opportunity Zone Yes

MAJOR TENANTS

TENANT GLALEASE

EXPIRATIONLEASE

TYPE

Cato #74N 4,160 01/31/2020 Gross

Rent-A-Center #2124 3,000 03/31/2023 NNN

MAJOR EMPLOYERS

EMPLOYER

Breakthru Beverage South Carolina

Lang-Mekra North America Holdings

Hypac

Lang-Mekra North America

Fairfield County School District

Heritage Healthcare Ridgeway

13

PLAZAMIDWAY

Marcus & Millichap makes no representations as to the accuracy of the information contained herein. Buyer must verify all information and bears all risk for any inaccuracies.



14

RENT ROLL AND TENANT LEASE SUMMARYPLAZAMIDWAY


Tenant Name (Lease Type)

Tenant Description

SquareFeet

Pro-RataShare

Lease

Commence

Lease

Expiration

Annual

Rent/ SF

Monthly

Base Rent

Annual

Base Rent

Base Rent

Changes On

Base Rent

Changes To

Tenant Option

Terms

Regional Finance (Triple-Net) 1,500 5.80% 07/01/2015 06/30/2020 $10.00 $1,250 $15,000 None None Two, Three-Year

Regional Finance Corp. of South Carolina

+/- 341 Locations (NYSE: RM)

A diversified consumer finance company

providing a broad array of loan products to

customers since 1987.

CAM: Pro-rata, including management and 15% admin. fee (Opt. 1) 07/01/2020 $15,450 Years 6 – 9

Taxes: Pro-rata, including 15% admin. fee (Opt. 2) 07/01/2023 $15,915 Years 10 – 13

Insurance: Pro-rata, including 15% admin. fee

Other: All reimbursable Operating Costs (CAM, Tax & Ins.) is capped at $4.00 per foot

Rent-A-Center #2124 (Triple-Net) 3,000 11.60% 04/01/2003 03/31/2023 $5.75* $1,438* $17,250* None None One, Five-Year

Rent-A-Center East, Inc.

+/- 2,350 Locations (NASDAQ: RCII)

An American S&P 600 company offering

name-brand furniture, electronics, appliances

through flexible rent-to-own agreements.

CAM: Pro-rata including a 10% admin. fee (5% annual cap on CAM increases from prior year) (Opt. 4) 04/01/2023 $37,500 Years 20 – 25

Taxes: Pro-rata

Insurance: Pro-rata

Other: If Walmart vacates, base rent abatement of 50% through remaining term and any options | *actual base rent is $11.50/SF or $34,500 per year

JD’s Fashions (Gross) 5,000 19.33% 04/01/2001 07/31/2021 $3.60 $1,500 $18,000 08/01/2020 $21,600 None

Personal

A discount retail store selling hair care and

beauty products for men, women and

children.

CAM: None

Taxes: None

Insurance: None

Other: Tenant may terminate lease at anytime after 08/01/2020 with 90-day notice

Cato #74N (Gross) 4,160 16.09% 02/01/2003 01/31/2020 $1.85* $642* $7,699* None None None

The Cato Corporation

+/- 1,375 Locations (NYSE: CATO)

A leading specialty retailer of value-priced

women's fashion apparel operating three

store brands.

CAM: None

Taxes: None

Insurance: None

Other: If Walmart vacates, tenant pays 3% of gross sales in lieu of base rent and triple-net charges | *tenant paid $7,699 in 2018

Vacant 1,500 5.80%

Vacant 4,000 15.47%

Vacant 1,200 4.64%

Vacant 1,200 4.64%

Vacant 1,500 5.80%

Vacant 2,800 10.83%

Total Occupied 13,660 52.82% $4,829 $57,949

Total Vacant 12,200 47.18% $0 $0

Totals 25,860 100.00% $4,829 $57,949

15

PRICING DETAIL & OPERATING DATA

List Price $400,000

Price/SF $15/SF

Current Net Operating Income $14,483

Pro-Forma Net Operating Income $130,962

Gross Leasable Area (GLA) 25,860 SF

Vacancy Upside 47%

Opportunity Zone Yes

Current Pro-Forma

Scheduled Base Rental Income $57,949 $148,549

Expense Reimbursement Income

CAM $2,864 $10,629

Insurance $1,047 $3,885

Real Estate Taxes $4,854 $9,174

Management Fees $807 $5,805

Total Reimbursement Income $9,572 $29,493

Effective Gross Revenue $67,521 $178,041

Less: Vacancy Factor (5% of EGI) ($0) ($8,902)

Less: Operating Expenses ($53,038) ($38,177)

Net Operating Income $14,483 $130,962

Operating Expenses Current Per/SF Pro-Forma Per/SF

Com

mon A

rea

Main

tenance Electric $3,465 $0.13 $3,465 $0.13

Landscaping $5,700 $0.22 $5,700 $0.22

Lot Sweeping $5,544 $0.21 $5,544 $0.21

General R&M $1,750 $0.07 $1,750 $0.07

Total CAM Expenses $16,459 $0.64 $16,459 $0.64

Insurance $6,016 $0.23 $6,016 $0.23

Real Estate Taxes* $27,894 $1.08 $9,157 $0.35

Management Fee (4% of EGR) $2,669 $0.10 $6,545 $0.25

Total Expenses $53,038 $2.05 $38,177 $1.48

CURRENT OPERATING DATA

PLAZAMIDWAY

Marcus & Millichap makes no representations as to the accuracy of the information contained herein. Buyer must verify

all information and bears all risk for any inaccuracies.

*Current Taxes Based on 2019 Value at $1,216,500*Pro-Forma Taxes Based on List Price at $400,000

THE OFFERING

03DEMOGRAPHICS & MARKET

OVERVIEW

17

DEMOGRAPHIC & MARKET OVERVIEW

OVERVIEW

COLUMBIA, SC

The Columbia metro contains the state capital and the University

of South Carolina. As a result, the market has a growing and

diverse economy with a strong base in government, education

and insurance. The city of Columbia itself is the most populous

city in South Carolina with 139,000 people. Overall, the metro’s

812,000 residents are spread among six counties: Richland,

Calhoun, Lexington, Fairfield, Kershaw and Saluda.

▪ Major employers in the healthcare, government and education sectors include Palmetto

Health, Blue Cross Blue Shield and the University of South Carolina.

▪ Fort Jackson, the U.S. Army’s largest and most active initial entry training installation, is

located here.

▪ Manufacturers with significant operations in the metro include Square D, International Paper,

Michelin, Honeywell, Westinghouse Electric, Trane and Bose Technology.

▪ United Parcel Service’s Southeastern regional hub is at the Columbia Metropolitan Airport.

▪ The financial and insurance sector is represented by Colonial Life & Accident Insurance Co.,

AgFirst Farm Credit Bank, Farm Credit System and Nexsen Pruet.

812K

2016POPULATION:

313K

2016HOUSEHOLDS:

36.3

2016MEDIAN AGE:

$50,900

2016 MEDIAN HOUSEHOLD INCOME:

DEMOGRAPHICS

U.S. Median:

37.7U.S. Median:

$57,2007%

Growth2016-2021*:

6.2%

Growth2016-2021*:

ECONOMY

METRO HIGHLIGHTS

* Forecast

Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau

HIGHER EDUCATION

With over 33,000 resident students and a staff of 6,000 professionals, the

University of South Carolina offers more than 350 programs of studies.

STATE CAPITAL

Roughly 10 percent of the employment base works for the state

government, supporting various programs throughout the state.

DIVERSIFIING ECONOMY

The local economy has diversified from military and manufacturing to

include finance, logistics, advanced manufacturing, healthcare and

insurance.

PLAZAMIDWAY


18

PLAZAMIDWAY


SOUTH CAROLINA METRO AREAS

Demand outpaces minimal supply additions as vacancy set to remain on

downhill slide this year. Supply additions remain limited throughout South Carolina’s

three major markets, forcing expanding retailers to target space in existing buildings.

As a result, vacancy is tight in each market, with Charleston and Greenville-

Spartanburg posting rates below 5 percent in the second quarter. Low vacancy in

these two markets has produced healthy rent gains, and the average has risen more

than 4 percent in each metro during the past 12 months. Retail deliveries remain

limited throughout the state through the remainder of the year and healthy tenant

demand will keep vacancy on a downhill trajectory in 2018. As a result, Charleston is

anticipated to record one of the strongest rental growth rates in the country this year,

while Columbia and Greenville-Spartanburg also post healthy increases in average

asking rents.

Hurricane Florence misses largest South Carolina markets. While northeastern

portions of the state have experienced flooding from water runoff after Hurricane

Florence, the majority of South Carolina and its major metros of Charleston, Columbia

and Greenville-Spartanburg were significantly less impacted. Statewide retail sales will

tick up as those affected repair homes and replace damaged goods, but retail

properties in the larger markets were largely unaffected and healthy operations will

persist through the remainder of the year.

Retail 2018 Outlook

VacancyY-O-Y

BasisPoint

Change

MetroAsking

Rent

Y-O-Y

Change

Charleston 3.3% -30 $21.93 4.6%

Columbia 5.7% -70 $13.04 3.3%

Greenville-Spartanburg 4.5% -30 $11.57 3.8%

* Cap rates trailing 12 months through 2Q18; 10-Year Treasury up to June 29.

Sources: CoStar Group, Inc.; Real Capital Analytics

Investment Trends

Charleston

• Multi-tenant investors are targeting neighborhood and strip center assets in

the market that trade at cap rates in the high-6 percent to low-7 percent

range.

• Fast-food retailers and restaurants capture the highest prices among single-

tenant properties in the metro, with yields in the mid-6 percent area.

Columbia

• Local and regional buyers continue to dominate sales activity in Columbia,

chasing strip center assets with initial yields in the high-7 percent to mid-8

percent span.

• Over the past year, investor acquisitions in the suburban markets of

Cayce/West Columbia and Dutch Fork/Irmo increased.

Greenville-Spartanburg

• Buyers targeted multi-tenant retail assets in Greenville and Anderson over the

past 12 months, with cap rates in the high-6 percent area.

• Single-tenant retail properties are in high demand and make up the bulk of

investment activity in the metro. Fast-food and restaurant establishments

accounted for nearly 30 percent of sales activity over the past year.

Limited New Competition and Healthy

Property Operations Attract Investors


19

PLAZAMIDWAY


Though total employment

remained unchanged during the

past four quarters, the trade,

transportation and utilities sector

gained nearly 2,700 workers.

Hiring in education and health

services resulted in an additional

700 workers in the sector.

Unemployment remains tight in

the metro, reaching 3.5 percent in

June.

EMPLOYMENT

Retail deliveries have fallen over

the past two years. Developers

focused on smaller properties with

less than 50,000 square feet in

the most recent 12-month period.

Developers have an additional

76,000 square feet of retail space

underway in the metro, all slated

for delivery in the final months of

2018.

CONSTRUCTION

Vacancy in the metro dipped over

the past year to 6.0 percent in

June as net absorption reached

426,100 square feet.

Multi-tenant retail properties

recorded a 30-basis-point

increase in the vacancy rate

during the past 12 months to 8.9

percent.

VACANCY

Following a decline in the previous

year, the average asking rent for

marketed space increased during

the past 12 months to $12.49 per

square foot.

The overall increase was led by a

2.3 percent jump in asking rent

for multi-tenant properties during

the year, rising to $12.05 per

square foot in the second quarter.

RENTS

SOUTH CAROLINA METRO AREAS: COLUMBIA

increase in the average asking rent Y-O-Y

1.8%basis point change in vacancy Y-O-Y10square feet

completedY-O-Y

425,900change in total employment Y-O-Y0%

* Forecast

1Q18 - 12-month trend


20

PLAZAMIDWAY


Buyers Search Columbia For Steady Rent Growth, Price Appreciation

Outlook: The capital and a large

university presence have buyers targeting

stable plays in Columbia.

Vacancy

Rate

Y-O-Y

BasisPoint

Change

SubmarketAsking

Rent

Y-O-Y%

Change

Southeast Columbia 1.8% -150 $13.69 9.0%

Lexington 2.8% 130 $19.31 2.9%

Kershaw County 3.7% -90 $7.91 -2.5%

Dutch Fork/Irmo 3.8% -110 $13.01 -17.1%

St. Andrews 5.0% -30 $9.77 -7.3%

CBD 6.3% 40 $19.74 0.1%

Cayce/West Columbia 6.6% 20 $9.50 4.6%

Northeast Columbia 6.7% 40 $13.38 12.6%

Forest Acres 14.9% 130 $10.44 -2.6%

Overall Metro 6.0% -10 $12.49 1.8%

Submarket Trends

Lowest Vacancy Rates 2Q18

Sales Trends

SOUTH CAROLINA METRO AREAS: COLUMBIA

• Multi-Tenant: Retail property prices have risen nearly 50 percent over the past five

years to approximately $190 per square foot. Cap rates have also compressed during

the span to the high-7 percent area.

• Single-Tenant: Strong competition for single-tenant retail assets prompted a 14

percent increase in prices to $360 per square foot. The average cap rate dipped below

7 percent during the 12-month span for the first time since 2004.

* Trailing 12 months through 2Q18 over previous time period.

Pricing trend sources: CoStar Group, Inc.; Real Capital

* Forecast **2017-2022

Submarkets with 2 million-plus square feet of inventory were included.


21

PLAZAMIDWAY


SOUTH CAROLINA METRO AREAS

• Fed raises benchmark rate, plans for additional increases. The Federal Reserve recently

increased the federal funds rate by 25 basis points, lifting the overnight lending rate to 2

percent at the conclusion of its September meeting. The Fed noted inflation has broadly

reached its target, while household spending and corporate investment remain robust. The

Fed indicated an additional rate hike this year and projects as many as three increases in

2019.

• Lending costs rise alongside Fed rate increase. As the Fed lifts rates, lenders have been

tightening margins to compete for loans. Despite these efforts, borrowing costs remain on an

upward trajectory, which is tightening returns and pushing some investors to seek greater

yields in secondary markets. However, though buyers may try to push back on pricing due to

increased loan costs, some sellers remain convinced that the strong economy and sturdy

NOI performance substantiate aggressive pricing and a widening expectation gap is the

result. If interest rates rapidly surge upward, this gap could quickly widen, slowing

transaction activity.

• The capital markets environment remains competitive. As the Fed tightens policy, global

investors have been acquiring Treasurys in order to capture a considerable yield premium,

keeping the 10-year Treasury near 3 percent. Portfolio lenders are providing debt for retail

assets, with leverage typically capped at 60 to 65 percent. The sector has become

increasingly nuanced, with deals more scrutinized due to e-commerce competition. Ten-year

loan structures will range between 4.95 and 5.25 percent, depending on tenancy, location

and sponsorship. Continued consumer spending underpins U.S. growth, supporting retail

demand and driving a 10-basis-point decline in vacancy to 4.9 percent this year.

Through Sept. 26

Sources: CoStar Group, Inc.; Real Capital Analytics

Capital Markets


MIDWAY PLAZA

3 Mile

7 Miles

10 Miles

23

PLAZAMIDWAY


Source: © 2018 Experian

Created on September 2019

POPULATION 3-Miles 7-Miles 10-Miles▪ 2023 Projection

Total Population 6,718 11,684 16,188

▪ 2018 Estimate


▪ 2010 Census


▪ 2000 Census


▪ Current Daytime Population

2018 Estimate 5,449 8,683 11,177

HOUSEHOLDS 3-Miles 7-Miles 10-Miles▪ 2023 Projection

Total Households 2,671 4,546 6,248

▪ 2018 Estimate


Average (Mean) Household Size

2.49 2.55 2.56

▪ 2010 Census


▪ 2000 Census


▪ Occupied Units

2023 Projection 2,671 4,546 6,248

2018 Estimate 3,331 5,531 7,484

HOUSEHOLDS BY INCOME 3-Miles 7-Miles 10-Miles▪ 2018 Estimate

$150,000 or More 2.76% 3.47% 3.74%

$100,000 - $149,000 6.99% 7.55% 7.87%

$75,000 - $99,999 10.92% 11.71% 11.52%

$50,000 - $74,999 11.22% 13.98% 15.75%

$35,000 - $49,999 12.01% 13.55% 13.82%

Under $35,000 56.11% 49.73% 47.30%

Average Household Income $44,516 $49,437 $51,898

Median Household Income $28,799 $35,272 $37,837

Per Capita Income $17,620 $19,174 $20,001

HOUSEHOLDS BY EXPENDITURE 3-Miles 7-Miles 10-MilesTotal Average Household Retail Expenditure

$49,867 $54,383 $55,992

▪ Consumer Expenditure Top 10 Categories

Housing $13,176 $14,257 $14,589

Transportation $9,396 $10,061 $10,285

Shelter $6,988 $7,502 $7,648

Food $5,517 $5,958 $6,095

Personal Insurance and Pensions $4,020 $4,571 $4,794

Health Care $3,579 $4,006 $4,139

Utilities $3,453 $3,747 $3,850

Cash Contributions $1,904 $2,142 $2,233

Entertainment $1,709 $1,913 $1,969

Apparel $1,530 $1,652 $1,685

POPULATION PROFILE 3-Miles 7-Miles 10-Miles▪ Population By Age

2018 Estimate Total Population 6,734 11,588 15,913

Under 20 25.15% 23.56% 22.56%

20 to 34 Years 19.01% 17.85% 17.22%

35 to 39 Years 5.30% 5.50% 5.47%

40 to 49 Years 11.36% 12.02% 12.15%

50 to 64 Years 22.07% 23.31% 24.39%

Age 65+ 17.11% 17.76% 18.19%

Median Age 40.48 42.68 44.13

▪ Population 25+ by Education Level

2018 Estimate Population Age 25+ 4,602 8,137 11,358

Elementary (0-8) 5.61% 5.37% 5.33%

Some High School (9-11) 13.39% 12.86% 12.00%

High School Graduate (12) 40.09% 39.26% 38.30%

Some College (13-15) 17.29% 18.03% 18.06%

Associate Degree Only 5.29% 6.02% 6.59%

Bachelors Degree Only 9.88% 10.47% 11.53%

Graduate Degree 5.81% 5.89% 5.93%


24Source: © 2017 Experian

PLAZAMIDWAY


Income

In 2018, the median household income for your selected geography is

$37,837, compare this to the US average which is currently $58,754.

The median household income for your area has changed by 29.04%

since 2000. It is estimated that the median household income in your

area will be $41,615 five years from now, which represents a change

of 9.98% from the current year.

The current year per capita income in your area is $20,001, compare

this to the US average, which is $32,356. The current year average

household income in your area is $51,898, compare this to the US

average which is $84,609.

Population

In 2018, the population in your selected geography is 15,913. It is

estimated that the population in your area will be 16,188 five years

from now, which represents a change of 1.73% from the current year.

The current population is 47.51% male and 52.49% female. The

median age of the population in your area is 44.13, compare this to the

US average which is 37.95. The population density in your area is

50.64 people per square mile.

Households

There are currently 6,076 households in your selected geography. It is

estimated that the number of households in your area will be 6,248

five years from now, which represents a change of 2.83% from the

current year. The average household size in your area is 2.56

persons.

Employment

In 2018, there are 4,709 employees in your selected area, this is also

known as the daytime population. The 2000 Census revealed that

42.55% of employees are employed in white-collar occupations in this

geography, and 56.46% are employed in blue-collar occupations. In

2018, unemployment in this area is 7.62%. In 2000, the average time

traveled to work was 30.00 minutes.

Race and Ethnicity

The current year racial makeup of your selected area is as follows:

37.71% White, 57.85% Black, 0.03% Native American and 0.56%

Asian/Pacific Islander. Compare these to US averages which are:

70.20% White, 12.89% Black, 0.19% Native American and 5.59%

Asian/Pacific Islander. People of Hispanic origin are counted

independently of race.

People of Hispanic origin make up 2.69% of the current year

population in your selected area. Compare this to the US average of

18.01%.

Housing

The median housing value in your area was $89,891 in 2018, compare

this to the US average of $201,842. In 2000, there were 4,508 owner

occupied housing units in your area and there were 1,666 renter

occupied housing units in your area. The median rent at the time was

$297.

Source: © 2018 Experian


JOEL M. DUMESSenior Vice President Investments


Cincinnati Office

Tel: (513) 878-7720

Fax: (513) 878-7710

[email protected]

Licenses: OH SAL.2003013045, KY 63818

STANTON R. FALKFirst Vice President Investments


Cincinnati Office

Tel: (513) 878-7721

Fax: (513) 878-7710

[email protected]

Licenses: OH SAL.2012001364

EXCLUSIVELY LISTED BY:

www.dumesfalk.com


PLAZAMIDWAY

http://www.dumesfalk.com/

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