Viking Commerce Center
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1 Viking Commerce Center Developed by: MOLLY LEACH Associate
2 Viking Commerce Center Project Description Viking Commerce Center is planned as a mixed-use development with 5,000-15,000 sq. ft. of retail space with frontage on Hamilton Rd. north of Beecher and 2,000-20,000 sq. ft. of office/medical office buildings on the west portion of the site. Office and Medical Condominiums Available to Purchase or Lease Office/medical space for lease at $17.00 NNN with $45.00 per sq. ft. TI allowance on a 10-year term 2,000-20,000 sq. ft. office/medical condominiums for purchase at $170 per sq. ft. Office and medical condominiums will be delievered in shell plus condition including the following: Footer, block foundation Framed structure with drywall on bottom of trusses and blown insulation Exterior walls with 6 batt insulation Exterior veneer (stone, brick, stucco) Windows with untrimmed interior Roof, gutters, downspouts HVAC unit with major ductwork into building Standard office use 1 ton cooling per 350 sq. ft. Main electrical (220 amp), gas and water supply to building Building shell permit, zoning and inspection fees Architectural and structural engineering fees for shell 2 of 8
3 Site Plan SITE * Medical Office 4,000 S.F. LOCATION MAP PARKING CALCULATIONS: Office 5,000 S.F. Mixed Use Retail Center: 8,300 s.f. Parking required 1 space/300 s.f. 8,300 s.f./300 = 28 spaces General Office Data: 5,000 s.f. Parking required 1 space/350 s.f. 5,000 s.f./350 = 15 spaces Medical Office 8,000 S.F. 8,000 S.F. Medical Office HAMILTON ROAD Medical Office Data: 20,000 s.f. Parking required 2 space / Exam Room + 1 per Staff Estimate = 141 spaces TOTAL SPACES REQUIRED: 180 SPACES TOTAL SPACES PROVIDED: 184 SPACES (7/H.C. ACCESS) Medical 8,300 S.F. Shopping Center BEECHER ROAD CITY OF GAHANNA, OHIO PRELIMINARY SITE PLAN FOR VIKING COMMERCE CENTER 3 of 8
4 Building Elevation 4 of 8
5 Building Elevation 5 of 8
6 Monument Sign 6 of 8
7 About CBRE CBRE Group, Inc. is the world s largest commercial real estate services and investment firm, with 2014 revenues of $9.0 billion and approximately 70,000 employees (excluding affiliate offices). CBRE has been included in the Fortune 500 since 2008, ranking #321 in It also has been voted the industry s top brand by the Lipsey Company for 14 consecutive years, and has been named one of Fortune s Most Admired Companies in the real estate sector for three years in a row. Its shares trade on the New York Stock Exchange under the symbol CBG. The Company serves real estate owners, investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Its major business lines include: Property Leasing (provided by its Agency Leasing and Occupier Advisory & Transaction groups) Property Investment Sales, Debt and Structured Finance, and Real Estate Investment Banking (provided by its Capital Markets Group) Occupier Outsourcing, including facilities, project and transaction management and strategic consulting services (provided by Global Workplace Solutions) Property Management (provided by its Asset Services Group) Appraisal & Valuation Investment Management (provided by its CBRE Global Investors subsidiary) Development Services (provided by its Trammell Crow Company subsidiary) MARKET SHARE Global Transaction Activity Source: National Real Estate Investor, March Sales & Leasing Transaction Value Volume in $ billions Note: NAI Global did not report 2013 transaction activity BUSINESS ACTIVITY Worldwide Business Activity 2014 Offices 372 a Employees Approx.52,000 b Total Transaction Value $284.9 billion a excludes 90 affiliate offices b excludes approximately 4,275 affiliate employees Americas Business Activity 2014 Offices 169 a Employees 27,025 b Total Transaction Value $175.6 billion a excludes 31 affiliate offices b excludes approximately 1,375 affiliate employees 7 of 8
8 Demographics 8 of 8
9 Demographics Population 1.5 Miles 3 Miles 5 Miles 2016 Population 10,474 70, , Population 11,051 75, , Population 9,630 63, , Population 8,557 51, ,223 Pop Change: 2010 to % 11.4% 11.8% Pop Change: 2016 to % 6.4% 6.6% Age 1.5 Miles 3 Miles 5 Miles 2016 Population 10,474 70, ,656 Age ,540 13,339 Age ,615 12,751 Age ,760 12,066 Age ,784 6,580 Age ,784 5,823 Age ,877 7,021 Age ,705 11,012 29,945 Age ,330 10,075 25,341 Age ,382 9,949 22,840 Age ,613 9,137 20,383 Age ,020 5,393 11,980 Age ,396 5,247 Age ,056 2, Median Age Average Age Place of Work 1.5 Miles 3 Miles 5 Miles Total Businesses 846 3,058 7,884 Daytime Employment (Total Employees) 7,107 36,950 99,683 Education Attainment 1.5 Miles 3 Miles 5 Miles 2016 Population Age 25 and Over 7,764 49, ,077 Less than 9th Grade ,938 Some High School, No Diploma 218 1,698 5,657 High School Graduate 1,236 9,042 25,916 Some College, No Degree 1,389 9,479 24,837 Associate's Degree 383 3,565 8,700 Bachelor's Degree 2,643 15,010 31,713 Master's Degree 1,341 6,796 12,698 Professional Degree 213 1,395 2,715 Doctorate Degree 273 1,161 1,902 Job Type 1.5 Miles 3 Miles 5 Miles 2016 Employed Population 6,203 39,008 91,814 Blue Collar 492 4,367 12,051 White Collar 4,877 29,159 64,524 Service & Farm 834 5,482 15,240 9 of 8
10 Demographics Housing Units 1.5 Miles 3 Miles 5 Miles 2016 Housing Units 4,996 30,913 76, Occupied Housing Units 4,742 29,034 71, Vacant Housing Units 253 1,879 5, Owner-Occupied Units 3,127 19,352 42, Renter-Occupied Units 1,615 9,682 28,593 Housing Value 1.5 Miles 3 Miles 5 Miles 2016 Owner-Occupied Units 3,127 19,352 42,562 Value < $20, Value $20,000 - $39, Value $40,000 - $59, Value $60,000 - $79, ,110 Value $80,000 - $99, ,101 Value $100,000 - $149, ,839 10,557 Value $150,000 - $199, ,110 10,461 Value $200,000 - $299, ,325 9,618 Value $300,000 - $399, ,866 3,098 Value $400,000 - $499, ,422 Value $500,000 - $749, ,464 Value $750,000 - $999, Value $1,000, Median Home Value $216,296 $196,477 $176, Average Home Value $260,857 $253,003 $226,121 Households 1.5 Miles 3 Miles 5 Miles 2016 Households 4,742 29,034 71, Households 5,014 30,911 75, Households 4,339 26,228 64, Households 3,311 20,202 48,682 HH Change: 2010 to % 10.7% 11.1% HH Change: 2016 to % 6.5% 6.6% Household Income 1.5 Miles 3 Miles 5 Miles 2016 Households 4,742 29,034 71,155 Income < $15, ,514 6,622 Income $15,000 - $24, ,895 6,067 Income $25,000 - $34, ,142 6,169 Income $35,000 - $49, ,753 9,961 Income $50,000 - $74, ,473 13,086 Income $75,000 - $99, ,643 8,739 Income $100,000 - $149, ,460 11,242 Income $150,000 - $199, ,546 4,559 Income $200,000 - $499, ,208 3,996 Income $500, Average Household Income $96,184 $80,612 $68, Average Household Income $102,709 $98,878 $84, Average Household Income $113,104 $108,968 $93, Median Household Income $79,439 $ 61,633 $51, Median Household Income $76,175 $73,616 $61, Median Household Income $82,176 $80,976 $67, of 8
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