Shoppes at Indian River - images1.loopnet.com€¦ · 1 Mile 3 Miles 5 Miles 2016 Population 11,273...

4214 INDIAN RIVER ROAD :: CHESAPEAKE, VIRGINIA

Shoppes at Indian River FOR LEASE

Natalie Hucke

Senior Vice President+1 757 217 [email protected]

Kevin O’Keefe

Senior Vice President+1 757 217 [email protected]

Mike Cespedes

Associate+1 757 213 [email protected]

CONTACT US

© 2016 CB Richard Ellis of Virginia, 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. 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.

1,050 SF AVAILABLE

PROPERTY INFOPROPERTY DESCRIPTION

New construction small shop space located at the busy intersection of Indian River Road and Sparrow Road.

ADDRESS

4214 Indian River Road :: Chesapeake, Virginia

SHOPPING CENTER SIZE

5,400 SF

AVAILABILITY

1,050 SF Unit

CO-TENTANT

T-Mobile, TJ Nail Spa, Nationwide Insurance, Changing Trendz

TRAFFIC COUNTS

29,000 AADT

2016 Estimated Demographics

1-Mile 3-Mile 5-Mile

Population 11,273 100,561 296,494

Average HH Income $66,009 $62,456 $66,523

Daytime Population 4,174 66,081 226,514


Shoppes at Indian River

DEMOGRAPHICS

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DEMOGRAPHIC PROFILE

4214 INDIAN RIVER RD 1 Mile 3 Miles 5 Miles

2016 Population 11,273 100,561 296,494

2021 Population 11,524 103,906 307,558

2010 Population 11,063 97,528 285,757

2000 Population 10,904 94,059 278,280

Percent Pop Change: 2010 to 2016 1.9% 3.1% 3.8%

Percent Pop Change: 2016 to 2021 2.2% 3.3% 3.7%

2016 Population 11 ,273 100 ,561 296 ,494

White 7,992 70.9% 41,085 40.9% 132,668 44.7%

African American 2,390 21.2% 49,527 49.3% 128,016 43.2%

Asian 280 2.5% 3,644 3.6% 15,647 5.3%

Native Hawaiian/Pacific Islander 15 0.1% 110 0.1% 400 0.1%

American Indian/Alaska Native 59 0.5% 481 0.5% 1,312 0.4%

Some Other Race 156 1.4% 1,847 1.8% 6,348 2.1%

2 or More Races 381 3.4% 3,868 3.8% 12,104 4.1%

2016 Hispanic Population 594 5.3% 6,006 6.0% 19,777 6.7%

Not Hispanic/Latino, White 7,678 68.1% 38,626 38.4% 124,563 42.0%

2016 Population 11 ,273 100 ,561 296 ,494

Age 0 - 4 786 7.0% 7,211 7.2% 21,003 7.1%

Age 5 - 9 814 7.2% 7,040 7.0% 20,416 6.9%

Age 10 - 14 730 6.5% 6,386 6.4% 18,462 6.2%

Age 15 - 17 394 3.5% 3,754 3.7% 10,690 3.6%

Age 18 - 20 350 3.1% 5,118 5.1% 12,462 4.2%

Age 21 - 24 458 4.1% 6,097 6.1% 16,958 5.7%

Age 25 - 34 1,663 14.8% 15,655 15.6% 49,197 16.6%

Age 35 - 44 1,560 13.8% 12,363 12.3% 38,702 13.1%

Age 45 - 54 1,359 12.1% 11,515 11.5% 35,599 12.0%

Age 55 - 64 1,424 12.6% 11,570 11.5% 34,955 11.8%

Age 65 - 74 939 8.3% 7,830 7.8% 22,414 7.6%

Age 75 - 84 588 5.2% 4,256 4.2% 11,056 3.7%

Age 85+ 209 1.9% 1,766 1.8% 4,581 1.5%

2016 Median Age 37.8 34.3 34.8

2016 Average Age 38.9 37.1 37.1

©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:76002

POPULAT ION

RACE AND ETHNIC ITY

A G E



DEMOGRAPHIC PROFILE


2016 Population Age 25 and Over 7 ,741 64 ,954 196 ,504

Less than 9th Grade 218 2.8% 2,430 3.7% 6,419 3.3%

Some High School, No Diploma 762 9.8% 6,500 10.0% 17,223 8.8%

High School Graduate 2,698 34.9% 18,812 29.0% 52,371 26.7%

Some College, No Degree 2,120 27.4% 17,431 26.8% 51,548 26.2%

Associate's Degree 461 6.0% 5,309 8.2% 16,996 8.6%

Bachelor's Degree 1,021 13.2% 9,698 14.9% 33,980 17.3%

Master's Degree 365 4.7% 3,857 5.9% 13,693 7.0%

Professional Degree 68 0.9% 509 0.8% 2,230 1.1%

Doctorate Degree 29 0.4% 408 0.6% 2,044 1.0%

2016 Employed Population 4 ,987 44 ,746 135 ,622

Blue Collar 1,315 26.4% 9,719 21.7% 27,826 20.5%

White Collar 2,843 57.0% 25,635 57.3% 80,951 59.7%

Service & Farm 828 16.6% 9,393 21.0% 26,845 19.8%

2016 Population Age 16 and Over 8 ,813 78 ,694 233 ,115

Civilian Labor Force, Employed Males 2,407 27.3% 20,640 26.2% 64,958 27.9%

Civilian Labor Force, Employed Females 2,408 27.3% 22,924 29.1% 67,931 29.1%

Males in Armed Forces 138 1.6% 1,757 2.2% 6,460 2.8%

Females in Armed Forces 4 0.0% 327 0.4% 1,795 0.8%

Civilian Labor Force, Unemployed Males 252 2.9% 2,618 3.3% 6,863 2.9%

Civilian Labor Force, Unemployed Females 202 2.3% 2,220 2.8% 6,550 2.8%

Males Not in Labor Force 1,401 15.9% 11,041 14.0% 31,473 13.5%

Females Not in Labor Force 2,001 22.7% 17,167 21.8% 47,084 20.2%

2016 Travel Time Population 5 ,062 45 ,622 140 ,644

< 15 Minutes 1,294 25.6% 10,258 22.5% 33,671 23.9%

15 - 29 Minutes 2,488 49.2% 21,900 48.0% 66,285 47.1%

30 - 44 Minutes 824 16.3% 8,539 18.7% 25,843 18.4%

45 - 59 Minutes 165 3.3% 1,948 4.3% 5,961 4.2%

60+ Minutes 157 3.1% 1,825 4.0% 5,153 3.7%

Average Travel Time 23 25 25


EDUCAT ION ATTA INMENT

J O B T Y P E

EMPLOYMENT STATUS

TRAVEL T IME TO WORK



DEMOGRAPHIC PROFILE


2016 Households 4,415 37,926 114,634

2021 Households 4,540 39,510 119,981

2010 Households 4,283 36,216 108,448

2000 Households 4,228 34,863 102,743

Percent HH Change: 2010 to 2016 3.1% 4.7% 5.7%

Percent HH Change: 2016 to 2021 2.9% 4.2% 4.7%

Average Household Size 2.5 2.6 2.5

2016 Households 4 ,415 37 ,926 114 ,634

Income < $15,000 398 9.0% 4,852 12.8% 14,420 12.6%

Income $15,000 - $24,999 484 11.0% 4,443 11.7% 11,522 10.1%

Income $25,000 - $34,999 459 10.4% 4,327 11.4% 11,704 10.2%

Income $35,000 - $49,999 619 14.0% 5,392 14.2% 16,032 14.0%

Income $50,000 - $74,999 1,077 24.4% 7,530 19.9% 24,201 21.1%

Income $75,000 - $99,999 528 12.0% 4,587 12.1% 14,305 12.5%

Income $100,000 - $124,999 421 9.5% 3,166 8.3% 9,374 8.2%

Income $125,000 - $149,999 225 5.1% 1,712 4.5% 5,596 4.9%

Income $150,000 - $199,999 111 2.5% 1,169 3.1% 4,484 3.9%

Income $200,000 - $249,999 42 1.0% 373 1.0% 1,425 1.2%

Income $250,000 - $499,999 40 0.9% 308 0.8% 1,301 1.1%

Income $500,000+ 11 0.2% 67 0.2% 270 0.2%

2000 Average Household Income $49,628 $46,892 $48,832



2000 Median Household Income $43,402 $37,900 $39,150



2016 Per Capita Income $25,851 $23,556 $25,720


HOUSEHOLDS

HOUSEHOLD INCOME



DEMOGRAPHIC PROFILE


2016 Housing Units 4,593 40,128 123,112

2016 Occupied Housing Units 4,415 37,926 114,634

2016 Vacant Housing Units 178 2,203 8,478

2016 Owner-Occupied Housing Units 3,142 21,425 66,004

2016 Renter-Occupied Housing Units 1,273 16,501 48,629

2016 Owner-Occupied Housing Units 3 ,142 21 ,425 66 ,004

Value < $20,000 79 2.5% 899 4.2% 3,089 4.7%

Value $20,000 - $39,999 32 1.0% 227 1.1% 737 1.1%

Value $40,000 - $59,999 1 0.0% 95 0.4% 421 0.6%

Value $60,000 - $79,999 31 1.0% 217 1.0% 713 1.1%

Value $80,000 - $99,999 58 1.8% 486 2.3% 1,407 2.1%

Value $100,000 - $149,999 384 12.2% 3,160 14.7% 8,802 13.3%

Value $150,000 - $199,999 734 23.4% 4,241 19.8% 13,440 20.4%

Value $200,000 - $299,999 1,216 38.7% 8,410 39.3% 23,306 35.3%

Value $300,000 - $399,999 308 9.8% 2,179 10.2% 8,702 13.2%

Value $400,000 - $499,999 96 3.1% 777 3.6% 3,079 4.7%

Value $500,000 - $749,999 141 4.5% 465 2.2% 1,583 2.4%

Value $750,000 - $999,999 29 0.9% 146 0.7% 370 0.6%

Value $1,000,000+ 35 1.1% 126 0.6% 356 0.5%

2016 Median Home Value $217,540 $214,938 $216,449

2016 Average Home Value $255,027 $234,419 $238,805

2016 Housing Units 4 ,593 40 ,128 123 ,112

1 Unit Detached 3,418 74.4% 22,661 56.5% 63,503 51.6%

1 Unit Attached 391 8.5% 5,829 14.5% 20,688 16.8%

2 Units 109 2.4% 1,428 3.6% 4,279 3.5%

3 to 4 Units 234 5.1% 1,968 4.9% 5,868 4.8%

5 to 19 Units 281 6.1% 5,292 13.2% 16,423 13.3%

20 to 49 Units 51 1.1% 811 2.0% 3,316 2.7%

50+ Units 109 2.4% 1,564 3.9% 6,302 5.1%

Mobile Home 0 0.0% 534 1.3% 2,618 2.1%

Other 0 0.0% 41 0.1% 116 0.1%

Total Businesses 424 5,284 17,472

Daytime Employment (Total Employees) 4,174 66,081 226,514


HOUS ING UN ITS

HOUS ING VALUE

UNITS IN STRUCTURE

PLACE OF WORK



DEMOGRAPHIC PROFILE

4214 INDIAN RIVER RD

NAME LATITUDE LONGITUDE

4214 INDIAN RIVER RD 36.821378 -76.22713

©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:76002



Shoppes at Indian River - images1.loopnet.com€¦ · 1 Mile 3 Miles 5 Miles 2016 Population 11,273...

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