FOR LEASE 14521 FOREST RD. (Rt. 221) FOREST, VA RETAIL Property Overview The Shoppes at Parsons Place is a 15,200 Sq. Ft. retail center located in the heart of Forest, VA. Unit sizes consist of: 1,400, 1,580, 1,750 Sq. Ft. and various combinations. The center boasts high traffic counts, high visibility and easy access from Rt. 221, Venture Dr. and Ashwood Dr. Join other surrounding businesses such as: Sheetz, Dollar General, La Carreta, Shell, CVS, BB&T, Kroger, McDonald's and Taco Bell. Property Details Bldg Size (SF): 15,200 Bldg Class Retail Price: Contact Agent * Year Built: 2014 Parking: 78 Marked spaces Zoning: PID Area Description: Located next to Sheetz on Rt. 221 in Forest, VA. *Tenant responsible for paying its pro rata share of increase in real estate taxes over base year. Contact Information RICKY READ, CCIM ricky@realestatelynchburg.com Phone: 434-841-3659 RICK READ rread@realestatelynchburg.com Phone: 434-455-3618 READ AND CO., REALTORS 101 ANNJO COURT, FOREST, VA 24551 www.cbcread.com 434-455-2285 Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks licensed to Coldwell Banker Commercial Affiliates. Each Office is Independently Owned and Operated. All information contained herein has been obtained from sources deemed reliable. However, no warranty or guarantee is made as to the accuracy of the information. Listing ID:
AERIAL
LEASED LEASED LEASED 750 Sq. Ft. LEASED LEASED 2,900 Sq. Ft. 1,400 Sq. Ft. 1,100 Sq. Ft. 1,580 Sq. Ft. 1,580 Sq. Ft. 1,400 Sq. Ft. 1,400 Sq. Ft. 1,750 Sq. Ft. 1,750 Sq. Ft. COLDWELL BANKER COMMERCIAL READ & CO. REPRESENT THE SELLER/LANDLORD OF THIS PROPERTY. UPON RECEIPT OF THIS INFORMATION, PURCHASER/TENANT ACKNOWLEDGES COLDWELL BANKER COMMERCIAL READ & CO. S FIDUCIARY RESPONSIBILITRIES ARE TO THE SELLER/ LANDLORD.
TENANT UPFIT: GENERAL: Concrete Slab Drywall with Sound Batt Insulation Acoustic Lay In Ceiling Water heater Drinking fountain and janitor sink BATHROOMS: (1) Handicap Bathroom with toilet and sink Installation of VCT Flooring in each bathroom Painting of Interior Walls and Doors Exhaust Fan (3) Grab bars, (1) soap dispenser, (1) toilet tissue dispenser, (1) paper towel dispenser, (1) handicap mirror Hollow metal door frame with flush birch veneer door and commercial grade hardware HVAC: 3 ton rooftop heat pump unit including 4 metal galvanized, lined supply and return duct drops Control voltage wiring and thermostat control ELECTRICAL: Rear Door Light (1) GFCI Receptacle by each rear door 200 AMP 3 Phase service Exit Emergency Lights per code (20) 2 x4 lights in 1,400 Sq. Ft. units, (25) lights in 1,750 Sq. Ft. units and (40) lights in 2,900 Sq. Ft. unit Common wall between units to have (4) receptacles and (2) ¾ inch stub ups for data/telephone Wiring of 3 ton rooftop HVAC units Wiring of water heaters Wiring of bathrooms with (1) 2 x4 light per unit Wiring for wall lights on front of building Install conduit and wiring to each unit signage on building.
37.36952379555204-79.30137701332009 DEMOGRAPHICS Population 1-mi. 3-mi. 5-mi. Total Population 744 14,474 42,007 Group Quarters Population 0 16 152 Urban Population 720 11,930 35,224 Rural Population 23 2,545 6,783 Not defined 0 0 0 Adult Population 562 10,923 32,534 Ratio of Males to Females 1.0 1.0 0.9 Female Population 380 7,408 21,647 Male Population 364 7,067 20,361 Land Area (Square Miles) 1.8 29.6 77.3 Age 1-mi. 3-mi. 5-mi. Median Age, Total 41.4 42.0 40.1 Median Age, Male 39.9 40.8 38.5 Median Age, Female 42.6 43.1 41.5 % Age 18+ 75.6 75.5 77.5 % Age 21+ 71.9 71.5 74.0 % Age 55+ 27.4 28.2 28.1 % Age 65+ 14.0 13.7 15.0
Ethnicity 1-mi. 3-mi. 5-mi. % White 82.1 85.3 82.9 % Black 8.1 7.3 8.7 % Asian 5.6 3.1 3.3 % Hispanic 3.1 3.0 3.4 % Other 1.1 1.3 1.8 5 Year Projections 1-mi. 3-mi. 5-mi. Total Population 826 15,484 45,628 Group Quarters Population 0 16 152 Adult Population 630 11,821 35,643 Total Households 327 5,858 18,649 Per Capita Income (based on Total Population) 37,001 34,519 32,588 Total Population 16+ 655 12,350 36,953 5 Year Ethnicity Projections 1-mi. 3-mi. 5-mi. % White 80.1 83.8 81.7 % Black 9.2 8.1 9.3 % Asian 6.1 3.3 3.5 % Hispanic 3.5 3.5 3.7 % Other 1.1 1.3 1.9 Housing and Household's 1-mi. 3-mi. 5-mi. Total Housing Units 318 5,743 18,163 Total Households 294 5,450 16,943 Owner-Occupied: Owned with a mortgage or loan 179 3,326 8,772 Owner-Occupied: Owned free and clear 61 1,175 3,547 Renter-Occupied 55 949 4,624 Aggregate Contract Rent $28,221 $545,856 $2,996,222 Average (Mean) Number of Vehicles Available 2.1 2.3 2.2
Housing Value 1-mi. 3-mi. 5-mi. Housing Value < $10,000 0 9 103 Housing Value $10,000-$14,999 0 17 164 Housing Value $15,000-$19,999 0 8 99 Housing Value $20,000-$24,999 0 11 43 Housing Value $25,000-$29,999 0 0 2 Housing Value $30,000-$34,999 0 16 83 Housing Value $35,000-$39,999 0 0 14 Housing Value $40,000-$49,999 0 2 7 Housing Value $50,000-$59,999 0 7 12 Housing Value $60,000-$69,999 0 4 17 Housing Value $70,000-$79,999 0 3 61 Housing Value $80,000-$89,999 0 7 171 Housing Value $90,000-$99,999 3 73 243 Housing Value $100,000-$124,999 14 256 849 Housing Value $125,000-$149,999 22 458 1,537 Housing Value $150,000-$174,999 26 580 1,705 Housing Value $175,000-$199,999 15 427 1,470 Housing Value $200,000-$249,999 53 847 2,198 Housing Value $250,000-$299,999 32 554 1,139 Housing Value $300,000-$399,999 48 722 1,332 Housing Value $400,000-$499,999 21 326 624 Housing Value $500,000-$749,999 1 143 373 Housing Value $750,000-$999,999 4 28 59 Housing Value $1,000,000 or more 0 3 14 Total Owner-occupied housing units (OOHU) 240 4,501 12,319 Income 1-mi. 3-mi. 5-mi. Per Capita Income (based on Total Population) $33,940 $31,855 $30,763 Average (Mean) Household Income $84,097 $82,867 $73,664 Median Household Income $68,295 $69,043 $59,622 Aggregate Income $24,767,565 $451,860,452 $1,250,304,972
% Households by Income 1-mi. 3-mi. 5-mi. % Household Income < $10,000 6.3 4.4 4.4 % Household Income $10,000-$14,999 2.8 2.9 3.6 % Household Income $15,000-$19,999 3.2 2.9 4.5 % Household Income $20,000-$24,999 4.4 3.7 4.6 % Household Income $25,000-$29,999 3.1 3.8 3.9 % Household Income $30,000-$34,999 3.9 3.3 4.2 % Household Income $35,000-$39,999 5.0 5.2 5.8 % Household Income $40,000-$44,999 6.5 6.1 5.8 % Household Income $45,000-$49,999 5.0 3.9 4.7 % Household Income $50,000-$59,999 4.9 6.7 8.9 % Household Income $60,000-$74,999 9.4 11.7 12.6 % Household Income $75,000-$99,999 15.7 17.2 15.8 % Household Income $100,000-$124,999 11.5 13.7 10.7 % Household Income $125,000-$149,999 8.5 6.6 4.7 % Household Income $150,000-$199,999 6.1 4.3 3.2 % Household Income $200,000-$249,999 1.8 1.5 1.2 % Household Income $250,000-$499,999 1.4 1.3 0.9 % Household Income $500,000+ 0.8 0.7 0.6 Education 1-mi. 3-mi. 5-mi. College undergraduate 55 1,130 3,246 Graduate or prof school 14 319 1,112 Employment and Occupation 1-mi. 3-mi. 5-mi. Total Civilian employed population aged 16+ 352 7,089 20,856
% Employment by Industry 1-mi. 3-mi. 5-mi. % Armed Forces 0.5 0.3 0.3 % Civilian, Employed 60.2 62.1 61.8 % Civilian, Unemployed 4.3 2.8 2.3 % Not in Labor Force 35.0 34.8 35.6 % Agriculture, forestery, fishing/hunting, mining 0 0.0 0.1 % Construction 4.8 5.6 4.8 % Manufacturing 21.1 16.3 16.4 % Wholesale trade 1.7 2.6 2.6 % Retail trade 14.4 13.1 12.7 % Transportation and warehousing and utilities 3.5 4.1 3.6 % Information 1.3 1.7 1.4 % Finance and ins, real estate, rental and leasing 8.5 6.8 5.9 % Professional, sci, mgmt, admin and waste mgmt svcs 10.8 10.4 9.3 % Educational svcs, health care and social asst 25.9 28.4 28.3 % Arts, entertainmnt, recreation, accom. and food svcs 2.7 4.6 7.5 % Other svcs, except public admin 4.2 4.6 4.8 % Public admin 1.1 1.9 2.5 Transportation to Work 1-mi. 3-mi. 5-mi. Total Workers 16+ 352 7,089 20,856 Car, truck, or van 336 6,676 19,796 Public transport (not taxi) 0 9 72 Taxicab 0 0 0 Motorcycle 1 27 45 Bicycle 0 0 0 Walked 0 23 93 Other means 0 5 55 Worked at home 14 350 794
Consumer Expenditures 1-mi. 3-mi. 5-mi. Average Apparel $1,948.1 $1,969.9 $1,854.5 Average Education $952.5 $964.0 $882.2 Average Entertainment $3,047 $3,118.6 $2,892.5 Average Food and Beverages $7,818.9 $7,906.2 $7,433.8 Average Gifts $1,157.4 $1,204.6 $1,055.0 Average Health Care $4,094.2 $4,222.0 $3,970.2 Average Household Furnishings and Equipment $1,848.3 $1,892.8 $1,754.0 Average Household Operations $1,267.2 $1,262.7 $1,200.4 Average Personal Care $766.9 $780.0 $719.1 Average Personal Expenditure $823.8 $844.0 $788.1 Average Reading $118.5 $122.0 $114.0 Average Shelter $9,768.6 $9,784.3 $9,295.3 Average Transportation $10,386.4 $10,510.6 $9,954.4 Average Utilities $4,302.2 $4,361.6 $4,185.8 Demand by Store Type 1-mi. 3-mi. 5-mi. Motor Vehicle & Parts Dealers $1,151,109 $21,708,924 $64,558,677 Furniture & Home Furnishings Stores $148,918 $2,808,806 $8,125,283 Electronics & Appliance Stores $120,800 $2,281,827 $6,650,906 Building Material & Garden Equipment & Supply Dealers $253,172 $4,862,460 $13,864,654 Food & Beverage Stores $1,044,520 $19,618,496 $57,815,199 Health & Personal Care Stores $230,533 $4,379,794 $12,691,759 Gasoline stations $1,083,039 $20,292,946 $60,314,784 Clothing & Clothing Accessories Stores $284,224 $5,339,563 $15,655,079 Sporting Goods, Hobby, Book, & Music Stores $90,024 $1,696,729 $4,924,603 General Merchandise Stores $877,551 $16,503,330 $48,364,348 Miscellaneous Store Retailers $164,372 $3,123,150 $9,072,582 Nonstore retailers $319,242 $6,036,753 $17,574,303 Foodservice & Drinking Places $929,664 $17,409,443 $50,467,982 General Merchandise, Apparel and Accessories, Furniture and Other Sales $1,570,179 $29,550,978 $86,385,895 2012/2013 Demographics provided by Experian through Alteryx