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The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMaxATLANTA SUBURB
ONE OF THE BEST AND LARGEST CARMAX LOCATIONS
Price: $10,610,000 – 7.50% Cap Rate•
Expanded Four Times by Tenant, for Millions of Dollars•
Totally Net Lease – A True “BOND” Lease•
$85K Incomes, High Growth Area, High Traffi c Counts•
Fortune 500 Company – $2.4 Billion Net Worth•
Large Key Location with Above Average Sales•
File Photograph
For more information, please contact: In Association with:
Robert C. SannerPartner/[email protected] #00869657
Rick SannerSenior [email protected] # 01792433
John ParkBerkshire Realty, LLCGeorgia LicenseeLIC # 166055
www.ctbtnnn.com
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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IMPORTANT NOTE TOPROSPECTIVE PURCHASERS
CARMAX HAS EXPRESSED INTEREST IN ACQUIRING AND OWNING THIS PROPERTY. CARMAX DOES NOT HAVE A RIGHT OF FIRST REFUSAL. SELLER INTENDS TO SELL THIS ON THE OPEN MARKET. Talk to broker for more information.
LOCATION 1215 Ernest Barrett Parkway, Kennesaw, Georgia, at the southeast corner of
U.S. 41 (Cobb Parkway) 23 miles northwest of downtown Atlanta. There are
high traffi c counts on both roads. See “12 Reasons Demonstrating This is an
Outstanding CarMax Location.”
LOT SIZE Approximately 539,273± square feet (12.38 acres). This is one of CarMax’s largest
locations, with car inventories 40% higher than average. CarMax itself purchased
two adjacent parcels (not included in the sale) to expand this facility.
IMPROVEMENTS There are two buildings totaling 56,008 square feet. Initial construction completed
in 1995, a 35,582± square foot automobile sales and service building constructed
for CARMAX. Subsequently, CarMax added 8,660 square feet to the front of this
building. In 2003, CarMax added an 11,766 square foot service building with 15
bays to the rear of the main building.
This is NOT a ground lease.
LEASE Leased from February 24, 1995, until February 28, 2017, to CARMAX AUTO SUPERSTORES, INC., at an annual rental of $795,720. The lease is a true
absolute net “bond” lease with the tenant responsible for all taxes, insurance
and maintenance, including roof and structure. There are no landlord obligations
whatsoever. There are two 10-year renewal options: the fi rst option at $875,292;
the second, $954,864. Tenant must give 12-months notice on renewal.
NET ANNUAL INCOME YEARS ANNUAL RENT RETURN1-22 $795,720 7.50%
Option 1 – 10 Years $875,292 8.25%Option 2 – 10 Years $954,864 9.00%
PRICE $10,610,000 — 7.50% Cap Rate
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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ABOUT CARMAX CARMAX, INC. (NYSE: KMX), a FORTUNE 500 company, is the nation’s largest
retailer of used cars. Headquartered in Richmond, Virginia, CarMax currently
operates 106 used car superstores in 51 markets.
CarMax is the only national used car dealer.
For the fi scal year ended February 28, 2011, it retailed 396,181 used vehicles and
reported sales of $8.98 billion (20% increase compared to fi scal year 2010) with
net earnings of $381 million (35% increase).
For the fi rst fi scal quarter ended May 31, 2011, sales increased 18% to $2.68
billion from $2.26 billion in the fi rst quarter of last year. Comparable store used
unit sales increased 6% for the quarter. Total used unit sales rose 8% in the fi rst
quarter. Net earnings increased 25% to $126.3 million and total shareholders’
equity was $2.4 billion.
CarMax plans to open six new superstores during the 12 months beginning June,
2011. The company expects to open between eight and 10 stores in the fi scal year
beginning March 1, 2012.
CarMax has been named “America’s Most Admired Company in Automotive
Retailing” by Fortune magazine. It also has been on Fortune’s “100 Best
Companies to Work For” list every year since 2005.
CarMax has no publicly rated debt and thus no credit rating.
CarMax Auto Superstores, Inc., the tenant, is a wholly-owned real estate subsidiary
of CarMax, Inc. This is an entity used for many leases.
CarMax, Inc., does not guarantee the lease.
More information is available on the company’s website, www.CarMax.com.
ABOUT CARMAXPROPERTIES
CarMax owns about 45% of its locations, and leases about 55%.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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SALES REPORTS The tenant does not report sales. Just below is a conservative estimate of revenue
at this location.
AN ANALYSIS OF LIKELYREVENUE AT THIS LOCATION
The conservative estimate of revenue here is $135 million. Call broker if necessary
to discuss. Overall, CarMax, Inc., has revenue (in approximate percentages) as
follows:
Used Car Sales 75%
New Car Sales 1%
Wholesale Car Sales 17%
Financing 3.5%
Other (service, etc.) 3.5%
This location does $109 million used car sales, assuming it is simply an “average”
location (see analysis elsewhere in this package). According to a 2004 verbal
discussion with the tenant, it is actually signifi cantly better.
The other key sales number at this location is wholesale car sales, where 100 to
130 cars are sold at auction to registered dealers every Monday. The estimated
wholesale sales here are $31.5 million. Thus, the total revenue by these estimates
is $140+ million. Quite conservatively, we are stating $135 million in this package.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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THIS IS A TOP PERFORMING LOCATION FOR USED CARS
As of mid-July, CarMax had only 106 facilities, with the average facility showing an
inventory of 301 cars. The subject is far above average size, with an inventory of
439 cars, with only fi ve CarMax facilities having more cars.
CarMax total corporate inventory of used and new cars (July 11, 2011, per website)
# OF FACILITIES LOCATION
AVERAGE USED CARS
TOTAL USED CARS
TOTAL NEW CARS
TOTAL CARS
1 Subject 439 439 0 439
5 Other in GA 310 1,551 217 1,768
100 Not in GA 290 29,021 733 29,754
106 1,042 31,011 950 31,961
Based on its July 11, 2011, inventory of about 32,000 new and used cars and
the fi rst quarter sales of about 111,000 cars, CarMax has an inventory turnover of
13.9 times per year. With a 365-day year, this means an average new or used car
is on the lot at CarMax for only about 26 days before being sold. If this is simply
an average facility, based on the number of cars in current inventory, the estimated
value of used cars sold here is about $109 million annually.
For the quarter ending May 2011, total CarMax sales of used cars were $2.07
billion, which is an average of $19.53 million for each of the 106 locations.
Annualizing this, the used car sales for the year will be $78.12 million per average
location. However, the subject property has 40% more cars in inventory than
average. That would indicate annual sales of 6,100 used cars, for about $109
million, at this location. This location by itself would thus be generating about
1.32% of CarMax’s used car sales. Verbal conversations with the tenant in 2004
actually indicated far higher sales than 6,100 used cars.
THIS IS AN AUCTION FACILITY 52 of the 106 locations have periodic wholesale auctions. These are cars •
CarMax has bought from consumers, which are not new enough to sell as
retail used cars.
20 of those have auction every two or four weeks. •
This facility is one of the 32 locations where auctions are held weekly•
(www.carmaxauctions.com).
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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THIS IS A PRODUCTION FACILITY About 2/3 of CarMax locations are “production facilities.” These are the larger
locations where vehicle conditioning is performed. The subject is a production
facility.
IMPORTANCE OF INDIVIDUAL CARMAX LOCATIONS
Walgreen has 6,000 locations, Dollar General has 9,000. These chains can easily
close any single location without a major loss in total revenue. CarMax, with only
106 locations, rarely closes any unit. To close this location would be to forego
$135+ million in sales.
THIS CARMAX LOCATION –LAND AREA
12.38 Acres – Subject Property
5.00 Acres – “Back Land” (Owned by CarMax and not included in the sale)
2.68 Acres – “Side Land” (Owned by CarMax and not included in the sale)
20.06 Acres Total
CarMax itself purchased the “Back Land” and “Side Land,” two extra parcels to
expand the subject property, some years after this lease began. These extra two
parcels have signifi cantly less value, to CarMax or to any user, without the subject
property. They have no buildings and no frontage. All the structures are on the
subject property.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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CARMAX INVESTMENT IN THIS LOCATION
The tenant has expanded the CarMax facility with its own money in a number of
ways after it opened in 1994
1997 – CarMax purchased the 2.7 acre adjacent side parcel and improved it 1.
with parking. Total cost was $1,193,000.
2003 – CarMax purchased the 5.0 acre adjacent back parcel and improved it 2.
with parking. Total cost was $1,435,000.
2003 – CarMax built a 12,000 sf auto service building on the subject property. 3.
Total cost was $1,000,000.
Circa 2000 – CarMax added 8,660 square feet to the front of the main building. 4.
Cost estimate $1,000,000.
Thus, CarMax has its own investment of $4,628,000 at this facility.
Items #3 and #4 are on the subject parcel. Items #1 and #2 are not part of the
subject. It is worthwhile to note that these two secondary parcels are accessed only
through an easement on the subject. Without the CarMax lease on the subject,
the back and side parcels have quite limited utility to CarMax as an owner of those
parcels.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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12 REASONS DEMONSTRATING THIS IS AN OUTSTANDINGCARMAX LOCATION
The 12 reasons are enumerated below and described more completely in this
presentation.
THE TENANT HAS INDICATED AN INTEREST IN PURCHASING THE 1.
LOCATION, WHICH IT WOULD NOT DO UNLESS THIS WAS A STRONG
LOCATION AND IT INTENDED TO STAY LONG TERM. TALK TO BROKER FOR
DETAILS.
This is one of the largest CarMax facilities in terms of car inventories, in the 2.
top 6%.
The tenant has invested about $4.628 million in expansion facilities at the 3.
subject site location. See discussion elsewhere.
Atlanta is one of the largest markets for CarMax, with fi ve locations. For 4.
example, Dallas-Fort Worth and Houston each have four. Las Vegas and Phoenix
each have two. This means CarMax is spreading advertising, distribution, and
management costs over several locations, and make these Atlanta locations
more profi table than otherwise.
Atlanta even has a sixth CarMax facility, which buys, but does not resell, used 5.
vehicles. It is a buying location only.
This is a “production” location and an auction location. Production locations 6.
have more services and revenues than “non-production” locations. This is one
of 32 facilities which conducts weekly wholesale auctions.
The nearest CarMax location is 15 miles away in Lithia Springs, Georgia. The 7.
subject location has far better demographics than the demo’s in Lithia Springs.
Lithia Springs is a smaller “non-production” location. Thus CarMax would not
vacate the subject, forcing its customers to a weaker and smaller location.
Since the tenant has only 106 total locations, it rarely (if ever) closes any 8.
location. Each CarMax location does $100 million in revenue, plus or minus.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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12 REASONS DEMONSTRATING THIS IS AN OUTSTANDINGCARMAX LOCATION(CONTINUED)
Atlanta is one of the highest growth major metro areas. The U.S. overall grew 9.
9.7% in the most recent decade. The subject area has had signifi cantly better
growth than the US average and far better average incomes: $85K and up. (See
demographics).
The traffi c counts here are quite substantial on both streets.10.
CarMax became a public company in 2002 and fi led its fi rst report that year 11.
with the SEC. Here is some historical data, as reported:
2001 2011 % INCREASE
Average Price for a Used Car $ 14,400 $ 18,019 25.3%
January CPI Index (US City Avg.) 175.1 220.3 25.8%
Rent at this Location $795,720 $795,720 0%
Conclusion: Even with the scheduled increase in 2017, the rent being paid
here is a “great bargain,” having been fl at since the beginning of the lease in
1995.
This location presumably provides in excess of $135 million in revenue. See 12.
analysis elsewhere in this presentation.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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SITE INFORMATION This location is northwest of Atlanta, 23 miles from downtown and 12 miles from
the perimeter highway, Interstate 285, 1.5 miles from Interstate 75.
The site is a high-visibility property on high-traffi c Ernest Barrett Parkway (43,500
vpd) and Cobb Parkway (35,000 vpd). Ernest Barrett is three lanes each way,
with additional turn lanes at the stop-lighted entrance to the CarMax. This central
location is surrounded by banks, retail and shopping centers.
Located two miles southwest from Town Center Mall, a 1.3 million square foot mall
with Macy’s, Macy’s Mens, Sears, JCPenney, and Belk as anchor tenants. Other
retailers in the mall include Coach, H&M, Sephora, Godiva Chocolatier, Aeropostale,
American Eagle, Limited, Victoria’s Secret, The Children’s Place, bebe and over
175 more.
Cobb Place is approximately one-half mile west of Town Center Mall and the
interchange with I-75, and one-quarter of a mile east of the intersection with U.S.
Highway 41. The center is anchored by Bed Bath & Beyond, Cost Plus World
Market, DSW Shoes, Bassett Furniture, Thomasville Furniture, Ashley Furniture
and Hobby Town, USA. The tenant mix of the in-line tenants consists of nationally
recognized tenants such as Weight Watchers, U.S. Postal Service, Merle Norman,
Cingular Wireless, Play It Again Sports and Allstate Insurance, along with several
local chains and restaurants.
North of Cobb Place is Barrett Pavilion, a 672,377 square foot community center.
Major tenants include Jo-Ann, Old Navy, REI, Shoe Carnival, Target, hhgregg, AMC
Theatres, Golfsmith and Hobby Lobby. Outparcel tenants include Chili’s, Chuck E.
Cheeses, Chick-fi l-A and Golden Corral.
Across from Barrett Pavilion is another shopping center which abuts I-75. Tenants
include Michaels, Best Buy, Offi ceMax, PetSmart, and Sports Authority. There are
also a separate T.G.I. Friday’s and a Chevron gas station.
National and regional retailers near the property include Costco, Wal-Mart
Supercenter, Home Depot, Dick’s Sporting Goods, TJ Maxx, Marshalls, Dollar Tree,
LA Fitness, Babies R Us, Toys R Us, and Offi ce Depot, among many others.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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TRAFFIC PATTERNS Traffi c counts are 35,000 on U.S. 41, and 43,500 on Ernest Barrett Parkway. Cobb
Parkway, U.S. 41, is the old road from Atlanta north to Chattanooga. The major
highway to Chattanooga now is Interstate 75, 1.5 miles away, and U.S. 41 is the
commercial street. It is two or three lanes each way, with additional turn lanes at all
major intersections and stoplights. At the intersection with Ernest Barrett Parkway,
northbound traffi c on U.S. 41 has fi ve lanes: two left turn lanes, two through lanes,
and one right turn lane. Southbound traffi c at this intersection likewise has the
same fi ve lanes. U.S. 41 is at grade-level, so CarMax is easily seen and accessed.
Ernest Barrett Parkway, heading east from the subject, leads to many major retail
hubs.
ADJACENT PROPERTY A new LA Fitness center, since about 2008.
ABOUT THE AREA KennesawKennesaw is 23 miles northwest of downtown Atlanta. It had a population of
29,783 at the 2010 census. It is part of the Atlanta metropolitan area.
Kennesaw is a vibrant community located in Cobb County. Cobb County is home to
seven colleges and universities which serve the area along with numerous private
schools and two public school systems. More than 350 international fi rms are
located in the county.
The Cobb Galleria Centre, along with the county’s 13,000+ hotel rooms, welcomes
conventions, trade shows and business meetings throughout the year.
Restaurants, shopping areas, historic attractions, Six Flags and White Water theme
parks, as well as the new Cobb Energy Performing Arts Centre, lure vacationers and
travelers year round.
AtlantaAtlanta is the capital and most populous city in Georgia. The Atlanta metropolitan
area, with 5,268,860 people, is the third largest in the southern United States
and the ninth largest in the country. The Atlanta Combined Statistical Area, a
larger trade area, has a population approaching six million and is the largest in the
southeast. The Atlanta region has seen signifi cant increasing population since the
1970s, and added about 1.6 million residents between 2000 and 2010.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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ABOUT THE AREA(CONTINUED)
Atlanta (continued)Atlanta is considered to be a top business city and is a primary transportation
hub of the southeastern United States—via highway, railroad, and air. Metro
Atlanta contains the world headquarters of corporations such as : Coca-Cola,
Home Depot, United Parcel Service, Delta Air Lines, AT&T Mobility, and Newell
Rubbermaid. Atlanta has the country’s fourth-largest concentration of Fortune 500
companies, and almost all Fortune 1000 companies have business operations in the
metropolitan area.
Other headquarters for some major companies in Atlanta and around the metro area
include Arby’s, Chick-fi l-A, Earthlink, Equifax, Gentiva Health Services, Georgia-
Pacifi c, Oxford Industries, RaceTrac Petroleum, Southern Company, Mirant, and
Waffl e House.
SunTrust Banks, the seventh largest bank by asset holdings in the United States,
has its home offi ce in downtown. The Federal Reserve System has a district
headquarters in Atlanta.
Atlanta is also home to the headquarters of the Nuclear Regulatory Commission
Region II.
The city has more than 30 institutions of higher education, including the Georgia
Institute of Technology (Georgia Tech), a premier research university that has been
ranked among the nation’s top ten public universities since 1999 by U.S. News & World Report; Emory University, a prominent liberal arts and research institution
that has been consistently ranked as one of the top 20 schools in the United
States by U.S. News & World Report; Georgia State University, a comprehensive
public research university located downtown; SCAD-Atlanta, the Atlanta campus of
Savannah College of Art and Design, a private arts university; the Mercer University
Cecil B. Day Graduate and Professional Studies campus; Morris Brown College,
a four-year, private, coed, liberal arts college; and the Atlanta University Center,
comprising Clark Atlanta University, Morehouse College, Spelman College, and
Interdenominational Theological Center, a consortium of historically-black colleges.
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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ABOUT THE AREA(CONTINUED)
Atlanta (continued)Air transportation is available from Atlanta International Airport (“ATL”). It is a
primary hub for Delta Air Lines, Air Tran Airways, Delta Connection and partner
Atlantic Southeast. Atlanta Airport, with its 180 gates, serves as a major transfer
point for fl ights to/from smaller US cities. It is also an international gateway to/from
the United States. ATL offers over 200 nonstop destinations, a third of which are
international. By most measures, it is the busiest airport in the United States and
one of the busiest in the world.
DEMOGRAPHICS ESTIMATE 2009 5-MILE 7-MILE 10-MILE
Population 159,509 316,642 619,411
Average HH Income $86,017 $85,530 $89,203
Growth 2000-2009 21.60% 17.16% 15.81%
The overall growth in the U.S. during 2000-2010 was just 9.7%. This is a high
growth area!
Any CarMax is truly a destination location, and the closest other CarMax, much
smaller, is 15 miles away. The subject draws from a wide radius.
NOTE The information set forth herein has been received by us from sources we believe
to be reliable, but we have made no independent investigation of the accuracy or
completeness of the information and make no representations with respect thereto.
The above is submitted subject to errors, prior sale or lease, change in status, or
withdrawal without notice.
GEORGIA
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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AERIAL – EAST VIEW
NORTH VIEW
N COBB PARKWAY NW
N COBB PARKWAY NW
BARRETT PARKWAY NW
BARRETT PARKWAY NW
N COBB PARKWAY NW (35,000 VPD)
N COBB PARKWAY NW (35,000 VPD)
BARRETT CROSSINGBARRETT CROSSING
2.7 ACRE2.7 ACRE“SIDE LAND”“SIDE LAND”
(NOT PART OF SALE) (NOT PART OF SALE)
5.0 ACRE5.0 ACRE“BACK LAND” “BACK LAND”
(NOT PART OF SALE)(NOT PART OF SALE)
2.7 ACRE2.7 ACRE“SIDE LAND”“SIDE LAND”
CARMAX PROPERTYCARMAX PROPERTY(NOT PART OF SALE) (NOT PART OF SALE)
5.0 ACRE5.0 ACRE“BACK LAND” “BACK LAND”
CARMAX PROPERTY CARMAX PROPERTY (NOT PART OF SALE)(NOT PART OF SALE)
BARRETT PARKWAY NW
(43,500 VPD)
BARRETT PARKWAY NW
(43,500 VPD)
* NOTE: These aerial photos were taken a few years ago when the LA Fitness building was about to open.
Detention
Pond Easement
Detention
Pond Easement
Detention Pond Easement
Detention Pond Easement
Detention PondDetention Pond
Detention PondDetention PondN
N
TO ATLANTA
TO ATLANTA
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
AERIAL
N Cobb Parkway NW
N Cobb Parkway NW
Barrett P
arkway
NW
B
arrett P
arkway N
Ernest Barrett Parkway NW
Barrett P
arkway
NW
B
arrett P
arkway N
W
Ernest Barrett Parkway NW
Larry McDonald M
emorial Highw
Larry McDonald M
emorial Highway
Phill
i L
andr
um M
emor
ial H
ighw
ay
TOWN CENTER TOWN CENTER AT COBBAT COBB
COBB-COUNTY-MCCOLLUM COBB-COUNTY-MCCOLLUM AIRPORTAIRPORT
SUBJECT
COBB PLACE
BARRETT PAVILIONPAVILION
®
N
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
0 mi 1 2 3
MAP
SUBJECT
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
0 mi 5 10 15 20
MAP
SUBJECT
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
0 mi 20 40 60 80 100
MAP
SUBJECT
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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UPDATED SUMMARY REPORT (%) Coordinates Longitude: -84.583635 JULY 25, 2011 Latitude: 34.000483
5.0 Mile 7.0 Mile 10.0 Mile Ring Ring Ring 78.54 sq/mi 153.94 sq/mi 314.16 sq/mi
POPULATION 1990 Total Population 87,212 188,378 379,301 2000 Total Population 131,173 270,261 534,8572009 Total Population 159,509 316,642 619,4112014 Total Population 172,062 336,174 653,853% Population Change 1990-2000 50.41% 43.47% 41.01%% Population Change 2000-2009 21.60% 17.16% 15.81%% Population Change 2009-2014 7.87% 6.17% 5.56%
HOUSEHOLDS 1990 Total Households 32,579 69,902 141,369 2000 Total Households 48,853 98,063 194,9262009 Total Households 60,698 116,256 229,0822014 Total Households 66,952 126,160 246,712% Households Change 1990-2000 49.95% 40.29% 37.88%% Households Change 2000-2009 24.25% 18.55% 17.52%% Households Change 2009-2014 10.30% 8.52% 7.70%
2009 RACE % 2009 White Population 71.61% 70.07% 70.04%% 2009 Black Population 15.85% 16.99% 17.85%% 2009 American Indian/Alaska Native 0.45% 0.45% 0.44%% 2009 Asian/Hawaiian/Pacific Islander 4.70% 4.37% 4.26%% 2009 Other Population (Incl 2+ Races) 7.39% 8.11% 7.41%
% 2009 Hispanic Population 11.70% 12.87% 11.74%% 2009 Non-Hispanic Population 88.30% 87.13% 88.26%
The information contained herein has been given to us by the owner of the property or other sources we deem reliable. We have no reason to doubt its accuracy, but we do not guarantee it. All information should be verifi ed prior to purchase or lease.
CarMax Kennesaw, Georgia
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UPDATED SUMMARY REPORT (%) Coordinates Longitude: -84.583635 JULY 25, 2011 Latitude: 34.000483
5.0 Mile 7.0 Mile 10.0 Mile Ring Ring Ring 78.54 sq/mi 153.94 sq/mi 314.16 sq/mi
INCOME 2009 Per Capita Income $32,732 $31,403 $32,9912009 Median Household Income $65,931 $67,083 $68,4632009 Average Household Income $86,017 $85,530 $89,203
% 2009 Household Income < $10,000 3.03% 2.84% 2.46%% 2009 Household Income $10,000-$14,999 2.61% 2.39% 2.21%% 2009 Household Income $15,000-$19,999 2.93% 2.73% 2.41%% 2009 Household Income $20,000-$24,999 2.79% 3.29% 3.01%% 2009 Household Income $25,000-$29,999 3.98% 4.11% 3.63%% 2009 Household Income $30,000-$34,999 4.11% 4.12% 4.02%% 2009 Household Income $35,000-$39,999 4.43% 4.01% 4.02%% 2009 Household Income $40,000-$44,999 4.17% 3.96% 4.05%% 2009 Household Income $45,000-$49,999 5.32% 4.70% 4.69%% 2009 Household Income $50,000-$59,999 10.19% 10.01% 10.28%% 2009 Household Income $60,000-$74,999 16.27% 16.62% 16.34%% 2009 Household Income $75,000-$99,999 25.89% 25.08% 23.72%% 2009 Household Income $100,000-$124,999 7.11% 8.23% 8.97%% 2009 Household Income $125,000-$149,999 3.80% 4.61% 5.65%% 2009 Household Income $150,000-$199,999 1.79% 1.88% 2.53%% 2009 Household Income $200,000-$249,999 0.35% 0.35% 0.59%% 2009 Household Income $250,000-$499,999 1.18% 1.04% 1.37%% 2009 Household Income $500,000+ 0.04% 0.03% 0.05%
2009 Average Household Size 2.6 2.7 2.7% 2009 Total Owner Occupied Housing Units 74.20% 73.60% 74.50%% 2009 Total Renter Occupied Housing Units 25.80% 26.40% 25.50%
2009 Total Daytime Population 179,529 337,888 638,6042009 Total Daytime Work Population 102,834 181,051 336,5262009 Total Establishments 10,714 19,113 35,977