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Marshall co plaza profile

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Marshall Co. Plaza Greg Lowe City of Lewisburg Director of Economic Development (931) 993-7499 [email protected]
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Page 1: Marshall co plaza profile

Marshall Co. Plaza

Greg Lowe City of Lewisburg

Director of Economic Development (931) 993-7499

[email protected]

Page 2: Marshall co plaza profile

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Marshall Co. Plaza Table of Contents

Mission Statement The City of Lewisburg Department of Economic Development exists to assist

local business and industry growth and to recruit new business and industry to

Lewisburg to create sustainable wage jobs and expand the tax base

3 Letter of Welcome & Overview

4

5

6-7

8

9

10-12

Marshall Co. Plaza Contact

Marshall Co. Plaza Site Plan

Maps & Logistics

Retail Data

Community Data

Marshall Co. Plaza Site Details

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Marshall Co. Plaza Welcome to Lewisburg, TN

We are very excited to tell you about an opportunity we have to offer in the Marshall Co. Plaza Shopping Center in Lewisburg, TN.

Two (2) Commercial Buildings…

Are located on Highway 373 Are less than 3 miles from Interstate 65 (Exits 32) Has 8,500 Sq. Ft. Building Available for Lease Are located next to Dollar General Store and Priceless IGA Are all Municipal Utilities and Telecom Ready

This is your invitation to a promising partnership. The City of Lewisburg…

Offers a (PILOT) Payment in Lieu of Taxes abatement incentive to Industries Is Ready to Hear and Negotiate All Requests Offers Assistance with Grants and Incentives from State and Federal Levels Offers Assistance with Training Programs locally and regionally Has Business-Friendly and Industry-Friendly City and County Leaders

We want you to join us on our odyssey toward future growth and prosperity in the region. We know what industry needs to thrive, as we have over 50 years of working with industries to become one of the largest industrial communities in the southern middle Tennessee region. We promise to work hand and hand with you to ensure your business succeeds.

Sincerely, Greg Lowe – Lewisburg Director of Economic Development

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Marshall Co. Plaza Site Details - Photos

Casey Brummett Asset Manager , BC Wood Properties Work [email protected] Work (859) 335-9663 Work 321 Henry Street Lexington, KY 40508

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Marshall Co. Plaza Site Details – Site Plan

Ripped Gym

Entrance Entrance Entrance

First Commerce Bank ATM

First Farmers

Bank ATM

Parking Lot

Service Drive

1 2 3 4 5 6 7 8

Space Size

Dirt Cheap

44,620 Sq. Ft.

#2 3,900 Sq. Ft.

Space Size

Advance Financial

3,900 Sq. Ft.

Dollar General

8,450 Sq. Ft.

Priceless IGA

18,200 Sq. Ft.

Space Size

Bestway 3,500 Sq. Ft.

Ripped Gym

7,326 Sq. Ft.

# 8 4,674 Sq. Ft.

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Marshall Co. Plaza Site Details – Aerial and Proximity

Cedar Hill Apartments

Westvue Church of Christ

Within 2 Miles of Site

958 Residential Homes

326 Residential Homes

Ridgetop Apartments

Saddlewood Apartments

Village Manor Retirement Homes

Hillside Terrace Apartments

Mansford House Apartments

Executive House Apartments

Within 2 Miles of Site

Marshall Co. High School

Lewisburg Middle School

Marshall Elementary School

Westhills Elementary School

Spot Lowe Technology Center

Oak Grove Elementary School

Four (4) Churches

Within 2 Miles of Site

Lewisburg Recreation Center

Westside Fire Station

Westside Ambulance Station

NCH Merihill

NHC Oakwood

Marshall Co. Road Department

I-65 Commerce Park

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Marshall Co. Plaza Site Details – Maps

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Marshall Co. Plaza Maps & Logistics

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General Merchandise Stores 31%

Home Centers 16%

Full-Service Restaurants

9% Limited-Service Restaurants

8%

Electronics and Appliance Stores

7%

Pharmacies and Drug Stores

7%

Furniture and Home Furnishings Stores

7%

Family Clothing Stores

6%

Hardware Stores 4%

Women's Clothing Stores

3% Shoe Stores 2%

Retail Gap Analysis

Marshall Co. Plaza For Business and Commerce Potential

Demo Profile

5 Mile Radius

10 Mile Radius

10 Minute Drive Time

20 Minute Drive Time

2013 Estimated Population

15,604 26,508 13,701 28,938

Total Number of Employees

7,063 9,098 6,293 9,488

Median HH Income $32,238 $38,027 $30,921 $40,081

The 5-Year Projection for Median Household Income in Lewisburg is from $38,027 to

$46,814 representing a 23.11% increase. Residents of Lewisburg fall into the Salt of the Earth Tapestry Segmentation (40.2%). Salt of the Earth residents are settled, traditional

and hardworking.

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Population Marshall Co. 31,729 Lewisburg 11,800

2030 Projected Growth =+20%

Lewisburg, Marshall County, Tennessee

• Latitude: N35° 26.95‘

• Longitude: W86° 47.33‘

• Elevation: 707‘

• Website: www.lewisburgtn.gov

Cost of Living Index

81 83 86 86 87

91 95

100 100

0 20 40 60 80 100 120

LewisburgShelbyville

PulaskiColumbia

FayettevilleFranklin

MurfreesboroSpring Hill

National Average

Workforce – November 2016

Unemployment Rate 4.5% Labor Force 14,930 Unemployment # 670

2015 Total 623 2015 Houses 176

Building Permits

Unemployment Rate 18% 2015 to 2016

Business Licenses

Lewisburg

2016 Total 195

$42,291

Sales Tax Collections

Annual Average Temperature: 57.7°

Average High Temperature: 70.5°

Average Low Temperature: 45.0°

Annual Average Precipitation: 54.84"

Annual Average Snowfall: 2.2“

Mean Length of Freeze-Free Period (days): 180-220

Climate Police & Fire

Crime Rate 4,830 Per 100,000

31%

3.7% Median Household Income

3.9%

2015

Rating Class 3

Tax Rate - $1.90 City/$3.22 County

8.3% 2016

2015-2016

2015-2016

1.7% 2015-2016

3.1% 2015-2016

1.8% 2015-2016

#Employed Labor Force

Job Growth Rate

Marshall Co. Plaza Community

2.9% 2014-2015

Median Industry Earnings - $62,186 - 11%

Median Home Cost - $124,900 10%

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“It amazes me that a community of this size possesses the amenities that Lewisburg does.”

Steve Elledge – ED Consultant

Top 100

Micropolitan

Site Selection 2013 (Tied 27th in Nation)

High Performance

Award Atlas Advertising

2014

Gold Level

Sustainability

TVA 2015

Benchmark

II TN ECD 2015

Marshall Co. Plaza Community

Economic Development

Three Star

“Lewisburg’s Park and Recreation system, per capita, meets or exceeds national standards in almost every category.”

Richie Jones – Partner

Assets

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Lewisburg is in the Middle

of Everything. We have all the

tools and amenities you need

to succeed at home or in the

office, the classroom, the

board room, the production

floor and even the ground

floor. Let us prove to you that

your decision to come here

will be the right one.

Marshall Co. Plaza Lewisburg is Where You Need to Be

Location and Logistics

Labor and Workforce

Education and Training

Utilities Quality of Life Industry Support

Leadership Growth Climate

“This community has totally proven that our decision was the right one.”

Matt Jung – President

Find Us On: www.lewisburgtn.gov

(931) 359-1544

131 East Church St. Lewisburg, TN 37091


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