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Investment Highlights Over 14% cash-on-cash return potential with available market debt 96% occupied with historically high occupancy levels and solid tenant mix Tremendous upside potential with well below market rents in place ($5.00 PSF average) Significantly below replacement costs at $58 PSF Prime location on a major corridor (SC Hwy 81) at a signalized intersection Excellent visibility with frontage and access on 3 roads Strong traffic counts and population with over 22,000 cars per day on Hwy 81 and 68,500 residents in a 5 mile radius Neighboring properties include Walgreens, CVS, Sonic, Wells Fargo, BB&T, First Citizens Bank, Dollar General, Chick- fil-A, Publix, and National HealthCare Corporation Nearby major points of interest include Anderson University (2,900 students), Anderson Medical Center, Anderson County Museum, McCants Middle School, and TL Hanna High School Windsor Place 82,292 SF Shopping Center - Anderson, SC $4,750,000 • 9.0% Cap Rate Jack Jamison, Broker-In-Charge 550 S. Main Street, Suite 300 • Greenville, SC 29601 864.263.5414 o • 864.232.0160 f • www.REALTYLINKDEV.com For investment information: J. Tyson Glasser, CCIM • Investment Sales Advisor [email protected] • 864.263.5427 o • 404.435.6312 c
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Page 1: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Investment Highlights• Over 14% cash-on-cash return potential with

available market debt

• 96% occupied with historically high occupancy levels and solid tenant mix

• Tremendous upside potential with well below market rents in place ($5.00 PSF average)

• Significantlybelowreplacementcostsat$58PSF

• Primelocationonamajorcorridor(SCHwy81)ata signalized intersection

• Excellent visibility with frontage and access on 3 roads

• Strongtrafficcountsandpopulationwithover22,000carsperdayonHwy81and68,500residentsina5mileradius

• NeighboringpropertiesincludeWalgreens,CVS,Sonic,WellsFargo,BB&T,FirstCitizensBank,DollarGeneral,Chick-fil-A,Publix,andNationalHealthCareCorporation

• NearbymajorpointsofinterestincludeAndersonUniversity(2,900students),AndersonMedicalCenter,AndersonCountyMuseum,McCantsMiddleSchool,andTLHannaHighSchool

Windsor Place82,292SFShoppingCenter-Anderson,SC

$4,750,000•9.0%CapRate

JackJamison,Broker-In-Charge550S.MainStreet,Suite300•Greenville,SC29601

864.263.5414o•864.232.0160f•www.REALTYLINKDEV.com

For investment information:J. Tyson Glasser, CCIM •InvestmentSalesAdvisor

[email protected]•864.263.5427o•404.435.6312c

Page 2: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Investment Property

ATTENTION:Thisbrochurehasbeenpreparedtoprovidesummaryinformationtoprospectivepurchasersandtoestablishapreliminarylevelofinterest in thepropertypresented. Itdoesnot,however,purport topresentallmaterial information regarding thesubjectproperty,and it isnota substitute fora thoroughduediligence investigation. Inparticular,RealtyLink,LLChasnotmadeany investigationandmakesnowarrantyorrepresentationwithrespecttothefinancialconditionorbusinessprospectsofanytenantoranytenant’splansorintentionstocontinueorrenewitsoccupancyofthesubjectproperty.Theinformationcontainedinthisbrochurehasbeenobtainedfromsourceswebelievetobereliable;however,RealtyLink,LLChasnotconductedanyinvestigationregardingthesemattersandmakesnowarrantyorrepresentationwhatsoeverregardingtheaccuracy or completeness of the information provided.

TheRealtyLinknameisaregisteredtrademarkofRealtyLink,LLC.

TheRealtyLinklogoisaregisteredservicemarkofRealtyLink,LLC.

Textandcontent©Copyright2014RealtyLink,LLC.

1520EGreenvilleStreet

Anderson,AndersonCounty,SouthCarolina29621

Page 3: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Table of Contents

Property Summary

Financial Summary

RentRoll

Site Plan

TenantProfiles

Property Photos

Aerial

LocationMaps

MarketProfile

Demographics

Page 4: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Property Summary

Location: Upstate South Carolina along the I-85 corridor halfway between Atlanta and Charlotte

Land Size: +/- 9.58 Acres

Building Size: +/- 82,292 Square Feet

Building Age: Original construction in 1980 and expanded in 1990 with renovations in 2008

Occupancy: 96.3%

Tenant Lineup: Mix of national, regional, and local retailers and service providers

Landlord Responsibility: Roof, Structure, Parking Lot, Management, CAM

Tenant Responsibility: Reimbursement of CAM, Taxes, Insurance

Frontage: E. Greenville Street, Rontowles Road, McLees Road

Signage: Monument on E. Greenville Street and store fronts

Access: Points of entry/exit on E. Greenville Street (1), Rantowles Road (2), McLees Road (1)

Parking: +/- 494 spaces

Zoning: General Commercial

Traffic Counts: +/- 22,000 cars per day on E. Greenville Street in front of property

Demographics: 2013 1-Mile 3-Mile 5-Mile

Population 7,317 38,866 68,549

Households 2,905 15,926 27,637

Average HH Income $61,620 $52,773 $53,672

Median HH Income $44,680 $33,391 $36,220

Page 5: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Financial Summary

Purchase Price: $4,750,000

Price per Square Foot: $57.72

Cap Rate: 9.0%

Base Rental Income: $415,046

Reimbursements: $135,782 ($1.65 PSF)

Vacancy Factor: Existing at 3.7%

CAM, Taxes, Insurance: $102,865 ($1.25 PSF)

Management Fee: $12,451 (3% of Base Rental Income)

Capital Reserves: $8,229 ($0.10 PSF)

Net Operating Income: $427,283 (contact broker for P&L statement)

Assumable Financing: Existing loan can be assumed ($3.4M, 6.5%)

Available Financing: 65-70% loan-to-value ($1.43-1.66M down payment)

(Non-recourse) 5-10 year term

25-30 year amortization

4.75-5.0% interest rate

$193,270 annual debt service (using 65% LTV, 30 year amortization, 4.75% interest)

$234,013 after debt cash flow

14.08% cash-on-cash return

Tenant Financials: Available online or from broker if in possession

Page 6: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

RentRoll

Suite Tenant SquareFeet

LeaseStart

LeaseEnd

RentPSF

AnnualRent

Rent Bumps

CAM/Tax/Insurance

Options(5 years each)

A Badcock Furniture & More 19,880 11/1/08 10/31/18 $5.50 $109,340 In Options $34,790 Option 1: $6.27

Option 2: $7.07

B Family Dollar 7,100 1/1/98 12/31/17 $4.63 $32,840 See Notes $6,650 Option 1: TBDOption 2: TBD

C Foothills CrossFit 4,700 7/1/13 6/30/15 $2.67 $12,549 In Options $8,460 Option 1: $3.50 (3 yrs)

Option 2: $4.00

D To Be Leased 3,025 TBD TBD TBD TBD TBD TBD TBD

E Smokers Discount Tobacco 1,550 8/1/08 7/31/15 $8.27 $12,819 None $2,790 None

F #1 Nails 1,665 6/1/09 5/31/16 $8.39 $13,969 3% Annually $2,997 None

G Medical Home Services 4,025 9/1/05 8/30/14 $6.25 $25,156 None $7,245 None

H Bike Street USA 4,425 4/1/11 3/31/16 $6.50 $28,763 2% Annually $7,965 Option 1: $6.76 (2 years)

K Cross Country Home Services 35,922 7/1/08 6/30/15 $5.00 $179,610 In Options $64,660

Option 1: $5.15Option 2: $5.30Option 3: $5.46

82,292 $415,046 $135,557

NotesBadcock - New HVAC units installed in June 2006 and October 2008. $2,500 annual cap on repairs.Family Dollar - Currently paying percentage rent only at 2% of annual sales plus CAM, Taxes, Insurance. 2013 Sales were $1,641,977. Sales have increased on average 4% each year since 2008 renovations.Foothills Crossfit - Owner invested $25-30,000 for buildout and Landlord invested $25,000.Cross Country - National call center with 250+ employees. Tenant has invested $1.5M in the space.

Page 7: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

TenantProfiles

CrossCountryHomeServices,Inc.(CCHS)isdedicatedtomakinghomemanagementeasybyofferingafullselectionofhassle-free,cost-effectivehomesolutions,includingwarrantyproductsandmaintenanceplans.Since1978,thecompanyhasbuiltareputationforexcellenceandtodayisoneofthenation’sleadingprovidersoftheseproductsandservices.HeadquarteredinFortLauderdale,Florida,withacustomercarefacilityinAnderson,SouthCarolina,thecompanyhasmorethan650employeesandanationwidenetworkofmorethan40,000carefullyprescreened,independentserviceproviderswhorepair,replaceandmaintainhomeappliancesandsystems.Overthepastfiveyears,CCHShasmorethandoubleditsrevenuesandexperiencedsimilaremployeegrowth.Theyhaveservedmillionsofhomewarrantiesoverthepast10years.CCHSisuniqueinofferingaplanthatcombineswarrantyandmaintenanceintooneprogram,oneofthemostcomprehensiveinthemarket.ThecompanyisamemberofTheCrossCountryGroup,oneofthelargestprivatelyheldprovidersofcustomerserviceprogramsintheUnitedStateswithmorethan150globalcorporateclientsandmorethan75millioncustomers. www.cchs.com

TheW.S.BadcockCorporation(WSBC)isoneofthelargestprivately-ownedhomefurnitureretailersintheUnitedStates.Foundedin1904,WSBChasbeenoperatingfor110years.WSBCisheadquarteredinMulberry,Florida,andemploysmorethan1,200corporateemployees.Therearemorethan300Badcockstoresineightstateswhichoffercustomersafullrangeoffurniture,bedding,appliances,electronics,accessoriesandfloorcoverings.Morethan80%ofstoresareindividuallyownedthroughouruniquedealershipbusinessmodel.Becausetheyconsignalloftheirmerchandisetothedealersanddonotrequireafranchisefee,theirmodeloffersthebenefitsofbusinessownershipandallowsforaquickerstart-upthanthetraditionalfranchisesystem.In2000,theydevelopedanewstoreconceptcalledBadcock&Morethatincludesaproductlineofmorethan4,000items;abrighter,morespaciousstoredisplay;andanewlogo.Whilethephilosophy“Badcockwilltreatyouright”staysthesame,theyintroducedthenewconcepttobetterserveexistingcustomersandtoappealtoabroadercustomerbase.Ofthestoresthathaveconverted,mosthaveseenatleasta20percentsalesincrease.BadcockcontinuestheirexpansionwithplanstotargetnewdealersthroughouttheSoutheast,includingKentuckyandWestVirginia,which to date are untapped markets. www.badcock.com

In1958,a21-year-oldentrepreneurwithaninterestinmerchandisingbecameintriguedwiththeideaofoperatingalow-overhead,self-serviceretailstore.LeonLevinebelievedhecouldofferhiscustomersavarietyofhigh-quality,goodvaluemerchandiseforunder$2.Becausehehadgrownupinhisfamily’sretailstore,heunderstoodvalue,qualityandcustomersatisfaction.InNovember1959,LeonLevineopenedthefirstFamilyDollarstoreinCharlotte,NorthCarolina,andwasonhiswaytobecomingaretailinglegend.Rightfromthestart,hehadawell-developedphilosophyofwhatFamilyDollarwouldbeandhowitwouldoperate,aphilosophyfromwhichheandhismanagementteamhaveneverstrayed.Theconceptisasimpleone,“thecustomersaretheboss,andyouneedtokeepthemhappy.”HecreatedageneralfloorplanthatheusedineachofhisstoresthatallowedcustomerstoeasilyshopfortheirfavoriteproductsinanyFamilyDollarstore.Withthestoresuniformlylaidoutandstocked,storemanagerswereabletofocusonprovidinggoodcustomerservice.Thisconceptforaself-serve,cash-and-carry neighborhood discount store in low to middle income neighborhoods proved so successful that today FamilyDollarisachainwithover8,000storesfromMainetoCalifornia.www.familydollar.com

Page 8: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Site Plan

Former Gas Station /C-Store

(not currently part of sale)

VACAN

T

Smokers Discount Tobacco

#1 Nails

Medical Home Services

To I-85(8 miles)

To Downtown Anderson(8 miles)

Foothills

CrossFit

Residential

Page 9: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Property Photos

Page 10: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Aerial

Page 11: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

LocationMaps

Page 12: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

MarketProfile

Community Profile

TheCityofAndersonislocatedinthenorthwestcornerofthestateofSouth Carolina on the Piedmont Plateau. It is the county seat located in the geographicalcenterofthecountyandprincipalcityinAndersonCounty.TheCityisideallylocatedonthebusyInterstate85corridor,towhichmuchofitseconomic growth can be attributed. The City lies on the southern border of Interstate85andisapproximately127milesnorthofAtlanta,Georgiaand132milessouthofCharlotte,NorthCarolina.TheCityencompassesapproximately14squaremiles.TheI-85corridorfromAtlantatoCharlotteisnowknownasoneofthenation’shottestgrowthareas.Thisstretchofhighwayisoneoftheheaviesttraveledhighwaysinthesoutheast.BusinessleadersanddevelopmentofficialsinAndersonhavetakenadvantageofthisasset,andvisibleprogressistheresult.AndersonCountywasranked14thoutof50asoneofthe“HottestAmericancitiesforbusinesslocation,”(basedonasurveyofleadingsiteconsultants)accordingtotheJanuary‘01issueofExpansionManagement.

Andersonisamajorcontributortothesuccessoftheupstate.Andersonoffersallofthebasicsuponwhichtobuildathrivingeconomy,includingaffordableland,agoodtransportationsystem,infrastructure,andalargenumberofrecreationalamenities.AndersonCountyhasbeendesignatedanAll-AmericaCitybytheNationalCivicLeague.TheAndersoncommunityoffersthefeelofsmall-townlivingwiththeattractions and business opportunities of larger cities only a short drive away.

Healthcare

AnMedHealthisadynamic,comprehensivehealthsysteminAnderson.Formorethan100years,AnMedHealthhasprovidedhealthcareforresidentsofeightcountiesinupstateSouthCarolinaandnortheastGeorgia.AnMedHealth’smedicalstaffincludesmorethan400physicians,andwithover3,600employees,AnMedHealthisAndersonCounty’slargestemployer.Throughaffiliationswithotherhospitalandhealthsystems,AnMedisabletosharebestpractices,reducecostsandstrengthencommunityhospitals.AnMedHealthiscurrentlyaffiliatedwithCarolinasHealthCareSystem,CannonMemorialHospital,andElbertMemorialHospital.TheAnMedHealthMedicalCenterCampusisatthecornerofEastGreenvilleandNorthFantStreetsindowntownAnderson.ThislocationhasbeenhometoAnMedHealth’sacute,inpatientservicessincetheoriginalAndersonCountyHospitalopenedin1906.TheMedicalCenterCampusincludesAnMedHealthMedicalCenter,

AnMedHealthHeartandVascularCenter,mostofthesystem’ssupportandprofessionalstaff,andanumberofdoctors’officesalongNorthFantStreet.TheAnMedHealthNorthCampusistwomilesuptheroadatthecornerofEastGreenvilleStreetandEastReedRoadinAnderson.TheNorthCampusishometoAnMedHealthWomen’sandChildren’sHospital,wherethousands of babies are born each year. The North Campus is alsowhereyou’llfindmostofouroutpatientanddiagnosticservices.TheNorthCampusincludesAnMedHealthCancerCenter,AnMedHealthRehabilitationHospitalandmorethan30doctors’offices.

Page 13: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

MarketProfile

Recreation / Leisure

Andersonisoneofthesoutheast’spremierdestinationsforoutdooradventure.Hikeinanationalpark,takeahotairballoonrideorvisitabotanicalgarden.CometoAndersonandreconnectwithnature.JustashortdrivefromAndersonisLakeHartwellwhereyoucanhavefunonthewater.ManagedbytheU.S.ArmyCorpsofEngineers,thelakehosts10.5millionvisitorsannually.It’s56,000acresbigwith962milesofshoreline.WithoverahalfdozengolfcoursestochoosefromAndersonhasacourseforallskilllevels.ChallengeyourselfatSaludaValleyorenjoythewaterfrontviewsatPineLake.Inaddition,Andersonispackedwithfarms,dairiesandfarmer’smarkets.Fromuniqueboutiquestoahunter’sparadise,Andersonoffersshoppingvenuesforeverytaste.Darlinglittleshopsandhipstoresprovideupscalestyleforfashionistas.MoremainstreamshopperscanenjoytheAndersonMallordepartmentstoresinthelocalshoppingcenters.Kitchengadgets,fabulousshoes,avarietyofantiquesandmorearereadyforperusal.Visitwww.visitanderson.comformoreinformationabouttourismandrecreationopportunitiesinAnderson.

Education

AndersonCounty,SCpublicschoolsserveover30,000studentsatmorethan50schools.Theschoolsystemisdividedintofivedistrictswhichservedifferentgeographicalareaswithinthecounty.TheAndersonCountyBoardofEducationactsasthefiscalagentforcountyschoolsandisgovernedbynineelectedmembers.EachdistrictalsohasanelectedBoardofTrustees.

AndersonUniversityisaselective,comprehensiveuniversityofferingbachelor’s,master’s,anddoctoraldegreesoncampusandonline.Studentscanchooseamong36majors,38concentrations,and25minors,andtheyarerankedasoneofthebestregionalcollegesintheSouthbybothU.S.NewsandWorldReportandThePrincetonReview.Inadditiontotheir“TopTier”academicranking,AndersonUniversityhasbeenrecognizedbyU.S.NewsandWorldReportasoneofthetop35universitiesintheSouthwhosegraduatesaccumulatetheleastamountofeducationaldebt.

LocatedclosetoAndersonisoneofthecountry’smostselectivepublicresearchuniversities.ClemsonUniversityservesauniquelydrivenandhighlyaccomplishedstudentbody.Rankedasthe21stbestnationalpublicuniversitybyU.S.News&WorldReport,Clemsonisascienceandengineering-orientedcollegededicatedtoteaching,researchandservice.Foundedin1889,theyremaincommittedbothtoworld-classresearchandahighqualityoflife.Infact,91percentoftheirseniorssaythey’dpickClemsonagainiftheyhadittodoover.Clemson’sretentionandgraduationratesrankamongthehighestinthecountryforpublicuniversities.They’vebeennamedamongthebestvaluesbyKiplingermagazinein2013,andSmartMoneyin2012rankedusNo.7instudentreturnoninvestment.Thebeautifulcollegecampussitson1,400acresinthefoothillsoftheBlueRidgeMountains,alongtheshoresofHartwellLake.TheyalsohaveresearchfacilitiesandeconomicdevelopmenthubsthroughoutthestateofSouthCarolina—inGreenville,Greenwood,ColumbiaandCharleston.

Page 14: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Demographics

The following pages detail the demographic data for this market

withina1-mile,3-mile,and5-mileradius.

Page 15: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Executive Summary1520 E Greenville St, Anderson, South Carolina, 29621 Prepared by J. Tyson GlasserRings: 1, 3, 5 mile radii Latitude: 34.527306557

Longitude: -82.63644374

1 mile 3 miles 5 milesPopulation

2000 Population 5,565 34,063 59,158

2010 Population 7,234 37,761 66,696

2013 Population 7,317 38,866 68,549

2018 Population 7,454 40,190 71,090

2000-2010 Annual Rate 2.66% 1.04% 1.21%

2010-2013 Annual Rate 0.35% 0.89% 0.85%

2013-2018 Annual Rate 0.37% 0.67% 0.73%2013 Male Population 43.2% 46.0% 47.1%2013 Female Population 56.8% 54.0% 52.9%2013 Median Age 35.8 38.2 38.7

In the identified area, the current year population is 68,549. In 2010, the Census count in the area was 66,696. The rate of change since2010 was 0.85% annually. The five-year projection for the population in the area is 71,090 representing a change of 0.73% annually from2013 to 2018. Currently, the population is 47.1% male and 52.9% female.

Median Age

The median age in this area is 38.7, compared to U.S. median age of 37.3.

Race and Ethnicity2013 White Alone 80.7% 64.5% 65.7%

2013 Black Alone 14.9% 30.1% 28.8%2013 American Indian/Alaska Native Alone 0.2% 0.3% 0.3%2013 Asian Alone 1.4% 1.2% 1.2%2013 Pacific Islander Alone 0.0% 0.0% 0.0%2013 Other Race 1.0% 1.9% 2.1%2013 Two or More Races 1.7% 1.9% 1.9%2013 Hispanic Origin (Any Race) 3.5% 4.6% 4.7%

Persons of Hispanic origin represent 4.7% of the population in the identified area compared to 17.4% of the U.S. population. Persons ofHispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be fromdifferent race/ethnic groups, is 53.1 in the identified area, compared to 62.1 for the U.S. as a whole.

Households

2000 Households 2,190 14,004 23,9322010 Households 2,865 15,485 26,9112013 Total Households 2,905 15,926 27,6372018 Total Households 2,970 16,462 28,6442000-2010 Annual Rate 2.72% 1.01% 1.18%2010-2013 Annual Rate 0.42% 0.87% 0.82%2013-2018 Annual Rate 0.44% 0.66% 0.72%2013 Average Household Size 2.15 2.31 2.39

The household count in this area has changed from 26,911 in 2010 to 27,637 in the current year, a change of 0.82% annually. The five-yearprojection of households is 28,644, a change of 0.72% annually from the current year total. Average household size is currently 2.39,compared to 2.39 in the year 2010. The number of families in the current year is 17,918 in the specified area.

February 07, 2014

©2014 Esri Page 1 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.

Page 16: Windsor Place - RealtyLink...ATTENTION: This brochure has been prepared to provide summary information to prospective purchasers and to establish a preliminary level of interest in

Executive Summary1520 E Greenville St, Anderson, South Carolina, 29621 Prepared by J. Tyson GlasserRings: 1, 3, 5 mile radii Latitude: 34.527306557

Longitude: -82.63644374

1 mile 3 miles 5 milesMedian Household Income

2013 Median Household Income $44,680 $33,391 $36,2202018 Median Household Income $51,250 $40,635 $44,2272013-2018 Annual Rate 2.78% 4.00% 4.08%

Average Household Income

2013 Average Household Income $61,620 $52,773 $53,6722018 Average Household Income $74,391 $61,464 $62,2992013-2018 Annual Rate 3.84% 3.10% 3.03%

Per Capita Income

2013 Per Capita Income $25,365 $22,026 $21,8412018 Per Capita Income $30,375 $25,546 $25,2702013-2018 Annual Rate 3.67% 3.01% 2.96%

Households by Income

Current median household income is $36,220 in the area, compared to $51,314 for all U.S. households. Median household income isprojected to be $44,227 in five years, compared to $59,580 for all U.S. households

Current average household income is $53,672 in this area, compared to $71,842 for all U.S households. Average household income isprojected to be $62,299 in five years, compared to $83,667 for all U.S. households

Current per capita income is $21,841 in the area, compared to the U.S. per capita income of $27,567. The per capita income is projected tobe $25,270 in five years, compared to $32,073 for all U.S. households Housing

2000 Total Housing Units 2,352 15,861 26,6712000 Owner Occupied Housing Units 1,226 8,185 15,6352000 Owner Occupied Housing Units 964 5,820 8,2972000 Vacant Housing Units 162 1,856 2,739

2010 Total Housing Units 3,160 17,977 30,7912010 Owner Occupied Housing Units 1,540 8,530 16,2352010 Renter Occupied Housing Units 1,325 6,955 10,6762010 Vacant Housing Units 295 2,492 3,880

2013 Total Housing Units 3,209 18,428 31,4202013 Owner Occupied Housing Units 1,509 8,552 16,2972013 Renter Occupied Housing Units 1,396 7,374 11,3402013 Vacant Housing Units 304 2,502 3,783

2018 Total Housing Units 3,294 19,076 32,5502018 Owner Occupied Housing Units 1,524 8,869 17,0072018 Renter Occupied Housing Units 1,446 7,592 11,6382018 Vacant Housing Units 324 2,614 3,906

Currently, 51.9% of the 31,420 housing units in the area are owner occupied; 36.1%, renter occupied; and 12.0% are vacant. Currently, inthe U.S., 56.4% of the housing units in the area are owner occupied; 32.3% are renter occupied; and 11.3% are vacant. In 2010, therewere 30,791 housing units in the area - 52.7% owner occupied, 34.7% renter occupied, and 12.6% vacant. The annual rate of change inhousing units since 2010 is 0.90%. Median home value in the area is $118,238, compared to a median home value of $177,257 for the U.S.In five years, median value is projected to change by 4.47% annually to $147,157.

February 07, 2014

©2014 Esri Page 2 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2013 and 2018. Esri converted Census 2000 data into 2010 geography.


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