Transcript

L O C AT I O N 2476 Nimmo Parkway | Virginia Beach, Virginia 23456

P RO P E RT Y H I G H L I G H T S

• AnchoredbyHarrisTeeter,oneoftheleadinggrocersin theMid-Atlantic

• NationaltenantsincludeTheUPSStore,GreatClips,Wendy’sand SunTrustBank

• LocatedacrossthestreetfromtheVirginiaBeachMunicipalCenter andCourthouseComplex,ahubforthecity’s7,000+full timeemployees

• Populationwithinathree-mileradiusexceeds49,000peoplewith anaveragehouseholdincomeofmorethan$75,700

P H I L L I P S E D I S O N & C O M P A N Y

VIRGINIA BEACH, VIRGINIA

Norfolk Virginia Beach

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COURTHOUSE MARKETPLACE

CourthouseMarketplace

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Virginia BeachNationalGolfClub

C O U R T H O U S E M A R K E T P L A C E VIRGINIA BEACH, VIRGINIA

S I Z E 106,863squarefeet

L E A S I N G C O N TAC T

Andy Schneider PhillipsEdison&Company11501NorthlakeDriveCincinnati,OH45249

Office(513)746-2605 Mobile(513)417-4369

[email protected]

MORE I N FO www.phillipsedison.com

NIMMO PARKWAY

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COURTHOUSE MARKETPLACE 2476 NIMMO PARKWAY | VIRGINIA BEACH, VA 23456

101 Som Bao Cafe 2,043102 AVAILABLE 2,046103 Stan's American

Bistro4,000

104 Taylor's DoIt Center

8,026

108 Total Access Fitness 2,500109 AVAILABLE 1,841110 AVAILABLE 2,000111 AVAILABLE 2,000112 AVAILABLE 2,000

SPACE TENANT SQ. FT.

113 Harris Teeter 48,756114 Albano Cleaners 1,608115 The UPS Store 1,603116 One Touch Nails 1,607117 Tropical Smoothie

Cafe1,668

118 AVAILABLE 3,212121 Slipow, Robusto

and Kellam P.C3,340

122 Beach MunicipalFederal Credit Union

3,243

SPACE TENANT SQ. FT.

124 Zero's Subs 1,606125 Soundvision Studios 1,664126 AVAILABLE 1,400127 East Wok 1,400128 Great Clips 1,400O-5 SunTrust 3,600O-6 Wendy's 4,300

TOTAL SQ. FT. 106,863

SPACE TENANT SQ. FT. SITE LEGEND

Available

Occupied

Leased (not occupied)

Owned by Others

C O U R T H O U S E M A R K E T P L A C E 2476 Nimmo Parkway | Virginia Beach, Virginia 23456

COURTHOUSE MARKETPLACE 2476 NIMMO PARKWAY | VIRGINIA BEACH, VA 23456

PHILLIPS EDISON & COMPANY

2/11/2014

Lake Placid

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Logos are for identification purposes only and may be tradem

arks of their respective companies.

PHILLIPS EDISON & COMPANY

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2009 Sites USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.

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C O U R T H O U S E M A R K E T P L A C E 2476 Nimmo Parkway | Virginia Beach, Virginia 23456

Demographic Summary Report1990 - 2000 Census, 2013 Estimates & 2018 Projections

Calculated using TAS Retrieval Retrieval

Latitude: 36.754868 Longitude: -76.065112Mar 7, 2014

1.00 Mile Radius 3.00 Mile Radius 5.00 Mile Radius10.00 Mile

Radius

Courthouse Marketplace

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1.00 Mile Radius 3.00 Mile Radius 5.00 Mile Radius10.00 Mile

Radius

Courthouse Marketplace

Virginia Beach,VA

Q4 2013 Estimated Population 4,331 39,598 139,556 464,145

2018 Projected Population 4,268 40,222 142,316 477,637

2010 Census Population 4,434 38,874 136,994 452,410

2000 Census Population 3,620 32,513 124,418 434,137

1990 Census Population 1,671 17,371 98,466 387,633

Historical Annual Growth 1990 to 2000 8.03% 6.47% 2.37% 1.14%

Historical Annual Growth 2000 to 2010 2.05% 1.80% 0.97% 0.41%

Estimated Annual Growth 2010 to2013 -0.63% 0.49% 0.50% 0.69%

Projected Annual Growth 2013 to 2018 -0.29% 0.31% 0.39% 0.57%

Median Age 38.7 37.5 34.7 36.2

Q4 2013 Estimated Households 1,179 12,703 46,717 172,563

2018 Projected Households 1,161 12,905 47,598 177,665

2010 Census Households 1,206 12,458 45,827 168,248

2000 Census Households 997 10,114 39,530 155,273

1990 Census Households 495 5,373 30,246 133,296

Historical Annual Growth 1990 to 2000 7.26% 6.53% 2.71% 1.54%

Historical Annual Growth 2000 to 2013 1.92% 2.11% 1.49% 0.81%

Estimated Annual Growth 2000 to 2013 -0.62% 0.52% 0.51% 0.68%

Projected Annual Growth 2013 to 2018 -0.31% 0.32% 0.37% 0.58%

Population per Household 3.17 3.00 2.94 2.65

White 71.0% 68.1% 59.6% 64.1%

Black or African American 15.9% 14.9% 20.4% 19.5%

Asian & Pacific Islander 4.8% 7.4% 8.2% 6.1%

Other Races 3.5% 3.7% 4.3% 3.9%

Hispanic Population 4.8% 5.9% 7.5% 6.4%

Average Household Income $114,303 $99,369 $85,296 $83,334

Median Household Income $100,922 $89,047 $73,846 $67,748

Per Capita Income $34,403 $32,760 $28,930 $31,383

Elementary 0.9% 1.3% 2.2% 2.1%

Some High School 5.5% 3.2% 3.9% 5.1%

High School Graduate 22.2% 21.3% 24.8% 23.7%

Some College 25.4% 29.4% 28.8% 27.5%

Associates Degree Only 12.7% 11.5% 11.9% 10.2%

Bachelors Degree Only 18.5% 21.5% 19.2% 20.6%

Graduate Degree 14.8% 11.8% 9.2% 10.8%

Number of Businesses 59 926 2,932 12,992

Total Number of Employees 1,927 16,164 62,760 232,975

Employees per Business 32.45 17.45 21.41 17.93

Residential Population per Business 72.92 42.76 47.61 35.73

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©2008, Trade Area Systems Data Source: Synergos Technologies Inc Austin, TX


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