mount pleasant marketplace - loopnet · 2018. 11. 2. · on the northwest corner of the signalized...

1464 MT. PLEASANT ROAD | CHESAPEAKE, VIRGINIA

Mount Pleasant MarketplaceRETAIL FOR LEASE

Natalie Hucke

Senior Vice President+1 757 217 [email protected]

Kevin O’Keefe

Senior Vice President+1 757 217 [email protected]

CONTACT US

© 2018 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

www.cbre.us/norfolk

SPACE AVAILABLE 1,400 to 4,000 SF

NEW KROGER OPENING NOVEMBER 28, 2018!

PROPERTY INFOPROPERTY DESCRIPTION

Mount Pleasant Marketplace is a +/- 100,000 SF Kroger (coming Fall 2018) anchored shopping center located on the northwest corner of the signalized intersection of Centerville Turnpike and Mount Pleasant Road (Route 165). Mount Pleasant Marketplace serves the rapidly growing population of southern Chesapeake, Virginia. The tremendous growth this submarket has experienced during the last several years continues with several high-end residential communities including more than 500 new homes recently approved in close proximity to the shopping center. Mount Pleasant Marketplace provides consumer ready access to quality retailers offering a variety of goods and services.

ADDRESS

1464 Mount Pleasant Road:: Chesapeake, Virginia

SHOPPING CENTER SIZE+/- 100,000 SF

AVAILABILITY

1,400 SF to, 4,000 SF

PARKING

Approximately 557 spaces

CO-TENANTS

Kroger, Subway, Tropical Smoothie, AJ Gators, Anytime Fitness, Hair Cuttery, Albano Cleaners, Bad Habits Oyster Bar, The UPS Store, Nails First, World Champion Tae Kwondo, State Farm Insurance, Rudy & Kelly, Surf Dogs, Verizon

OUTPARCEL USERS

Waffle House, Wendy’s, Majestic Auto Spa, Chesapeake Animal Hospital, Rite Aid Pharmacy, Dunkin Donuts

TRAFFIC COUNTS (2017)

20,000 VPD on Mt. Pleasant Road

18,000 VPD on Centerville Turnpike

DEMOGRAPHICS

2018 Demographics

1-Mile 3-Mile 5-Mile

Population 3,751 33,961 122,566

Average HH Income $113,627 $115,727 $105,270

Daytime Population 2,660 22,596 106,322


Mount Pleasant Marketplace

www.cbre.us/norfolk

RETAIL FOR LEASE



LOT A1.372 AC

LOT E0.88 AC

LOT F1.030 AC

1,400 SFDENTIST

LOS PRIMOS

BAD HABITS

LIB

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TA

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IVERSON DIAMOND

Verizon

SURF

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1,600 SF

GOLDEN DRAGON

1,40

0 SF

www.cbre.us/norfolk

CASA DI COSTANZA

RETAIL FOR LEASE

4,000 SF

Tenant Unit SF

Anytime Fitness 1 4,200 SF

Surf Dogs 4 1,400

AVAILABLE 5 1,400

Animal Adventure 6 4,200

World Champion Tae Kwon Do 9 2,800

AVAILABLE 11 4,000

Bad Habits 12 1,400

MP Urgent Care & Family Practice 13 2,800

Casa Di Costanzo 15 & 16 2,400

Subway 17 1,400

Golden Dragon 18 1,400

Shiki Sushi & Hibachi 19 1,400

Albano Cleaners 20 1,400

Nails First 21 1,400

Hair Cuttery 22 1,050

Verizon 23 1,710

State Farm Insurance 24 1,400

Iverson Diamond Company 25 1,080

Dentist 26 1,720

AVAILABLE 27 1,400

Los Primos 28 3,500

AVAILABLE 29 1,600

Tropical Smoothie Cafe 30 1,600

Rudy & Kelly 31 2,800

AJ Gators 34 4,550

Outparcel AC

AVAILABLE 1.372

Dunkin Donuts .50

Waffle House .50

Wendy’s .85

Rite Aid Pharmacy 1.71

AVAILABLE .88

AVAILABLE 1.03

Majestic Auto Spa

Chesapeake Animal Hospital 1.042



www.cbre.us/norfolk

RETAIL FOR LEASE

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RETAIL FOR LEASE

DEMOGRAPHIC PROFILE

1464 MOUNT PLEASANT RD

1 MILE 3 MILES 5 MILES

2018 Businesses 93 762 3,546

2018 Employees 848 7,332 53,488

2018 Population - Current Year Estimate 3,751 33,961 122,566

2023 Population - Five Year Projection 3,958 35,864 130,981

2010 Population - Census 3,459 30,947 107,870

2000 Population - Census 3,211 27,367 94,290

2010-2018 Annual Population Growth Rate 0.99% 1.13% 1.56%

2018-2023 Annual Population Growth Rate 1.08% 1.10% 1.34%

2018 Population 3 ,751 33 ,961 122 ,566Age 0-4 183 4.9% 1,638 4.8% 6,640 5.4%Age 5-9 233 6.2% 2,114 6.2% 7,573 6.2%Age 10-14 282 7.5% 2,620 7.7% 8,471 6.9%Age 15-19 243 6.5% 2,455 7.2% 7,924 6.5%Age 20-24 173 4.6% 1,805 5.3% 7,151 5.8%Age 25-29 182 4.9% 1,852 5.5% 8,556 7.0%Age 30-34 215 5.7% 1,928 5.7% 8,665 7.1%Age 35-39 240 6.4% 2,080 6.1% 8,499 6.9%Age 40-44 245 6.5% 2,264 6.7% 8,083 6.6%Age 45-49 275 7.3% 2,675 7.9% 8,827 7.2%Age 50-54 302 8.1% 2,877 8.5% 9,322 7.6%Age 55-59 323 8.6% 2,959 8.7% 9,521 7.8%Age 60-64 304 8.1% 2,387 7.0% 7,914 6.5%Age 65-69 231 6.2% 1,735 5.1% 6,032 4.9%Age 70-74 142 3.8% 1,123 3.3% 3,990 3.3%Age 75-79 87 2.3% 665 2.0% 2,398 2.0%Age 80-84 50 1.3% 410 1.2% 1,505 1.2%Age 85 and Older 43 1.1% 375 1.1% 1,495 1.2%

2018 Median Age 42.6 41.1 38.7

2018 Population 3 ,751 33 ,961 122 ,566

White 3,261 86.9% 26,900 79.2% 82,930 67.7%

Black or African American 226 6.0% 3,627 10.7% 21,912 17.9%

Asian 109 2.9% 1,789 5.3% 9,952 8.1%

American Indian or Alaska Native 12 0.3% 118 0.3% 408 0.3%

Pacific Islander 0 0.0% 42 0.1% 129 0.1%

Other Race 16 0.4% 238 0.7% 1,739 1.4%

Two or More Races 126 3.4% 1,248 3.7% 5,496 4.5%

Hispanic 177 4.7% 1,982 5.8% 8,143 6.6%

White Non-Hispanic 3,125 83.3% 25,550 75.2% 78,242 63.8%

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:347465

PLACE OF WORK

POPULAT ION

A G E

RACE AND ETHNIC ITY



www.cbre.us/norfolk

RETAIL FOR LEASE

DEMOGRAPHIC PROFILE



2018 Population 25 and Over 2 ,638 23 ,331 84 ,806

Less than 9th Grade 49 1.9% 242 1.0% 1,173 1.4%

9-12th Grade - No Diploma 104 3.9% 759 3.3% 2,809 3.3%

High School Diploma 476 18.0% 3,786 16.2% 14,236 16.8%

GED or Alternative Credential 196 7.4% 1,146 4.9% 3,023 3.6%

Some College - No Degree 553 21.0% 5,494 23.5% 19,729 23.3%

Associate`s Degree 256 9.7% 2,570 11.0% 9,327 11.0%

Bachelor`s Degree 650 24.6% 5,555 23.8% 21,759 25.7%

Graduate or Professional Degree 354 13.4% 3,779 16.2% 12,750 15.0%

2018 Population 3 ,751 33 ,961 122 ,566

Males 1,859 49.6% 16,723 49.2% 60,246 49.2%

Females 1,892 50.4% 17,239 50.8% 62,320 50.8%

2018 Population 15+ 3 ,054 27 ,591 99 ,882

Never Married 594 19.4% 6,826 24.7% 27,675 27.7%

Married 2,092 68.5% 17,781 64.4% 58,947 59.0%

Widowed 146 4.8% 991 3.6% 4,006 4.0%

Divorced 222 7.3% 1,993 7.2% 9,254 9.3%

2018 Civi l ian Population 16+ in Labor Force 1 ,939 17 ,926 63 ,810

2018 Employed Civilian Population 16+ 1,889 97.4% 17,247 96.2% 61,672 96.6%

2018 Unemployed Population 16+ 50 2.6% 680 3.8% 2,139 3.4%

2018 Employed Civi l ian Population 16+ 1 ,889 17 ,247 61 ,672

White Collar 1,291 68.3% 12,326 71.5% 43,514 70.6%

Services 278 14.7% 1,979 11.5% 8,019 13.0%

Blue Collar 319 16.9% 2,941 17.1% 10,142 16.4%

2018 Daytime Population 2 ,660 22 ,596 106 ,322

Daytime Workers 851 32.0% 6,298 27.9% 48,361 45.5%

Daytime Residents 1,809 68.0% 16,298 72.1% 57,961 54.5%


EDUCAT ION

GENDER

MAR ITAL STATUS

EMPLOYMENT STATUS

CLASS OF WORKER

DAYT IME POPULAT ION



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RETAIL FOR LEASE

DEMOGRAPHIC PROFILE



2018 Households - Current Year Estimate 1,210 11,315 43,320

2023 Households - Five Year Projection 1,277 11,948 46,343

2010 Households - Census 1,116 10,299 38,136

2000 Households - Census 984 8,932 31,961

2010-2018 Annual Household Growth Rate 0.99% 1.15% 1.56%

2018-2023 Annual Household Growth Rate 1.08% 1.09% 1.36%

2018 Average Household Size 3.10 3.00 2.78

2018 Households 1 ,210 11 ,315 43 ,320

Under $15,000 41 3.4% 406 3.6% 1,946 4.5%

$15,000-$24,999 20 1.7% 267 2.4% 1,482 3.4%

$25,000-$34,999 62 5.1% 546 4.8% 2,201 5.1%

$35,000-$49,999 91 7.5% 777 6.9% 3,836 8.9%

$50,000-$74,999 173 14.3% 1,587 14.0% 7,387 17.1%

$75,000-$99,999 205 16.9% 1,975 17.5% 7,778 18.0%

$100,000-$149,999 376 31.1% 3,158 27.9% 10,615 24.5%

$150,000-$199,999 119 9.8% 1,379 12.2% 4,242 9.8%

$200,000 and Over 124 10.2% 1,220 10.8% 3,834 8.9%

2018 Average Household Income $113,627 $115,727 $105,270

2023 Average Household Income $127,329 $131,628 $120,306

2018 Median Household Income $100,961 $100,893 $88,522

2023 Median Household Income $104,787 $106,331 $97,204

2018 Per Capita Income $37,697 $38,993 $37,584

2023 Per Capita Income $42,227 $44,335 $42,936

2018 Owner Occupied Housing Units 1 ,118 9 ,683 31 ,151

Under $50,000 5 0.4% 49 0.5% 232 0.7%

$50,000-$99,999 0 0.0% 48 0.5% 123 0.4%

$100,000-$149,999 8 0.7% 143 1.5% 669 2.1%

$150,000-$199,999 36 3.2% 315 3.3% 2,234 7.2%

$200,000-$249,999 119 10.6% 1,008 10.4% 4,386 14.1%

$250,000-$299,999 263 23.5% 1,889 19.5% 6,212 19.9%

$300,000-$399,999 385 34.4% 2,986 30.8% 9,209 29.6%

$400,000-$499,999 174 15.6% 1,500 15.5% 4,251 13.6%

$500,000-$749,999 121 10.8% 1,429 14.8% 2,942 9.4%

$750,000-$999,999 6 0.5% 234 2.4% 630 2.0%

$1,000,000 and Over 0 0.0% 76 0.8% 225 0.7%

2018 Median Value of Owner Occ. Housing Units $333,117 $346,551 $318,677

2018 Average Value of Owner Occ. Housing Units $358,505 $387,528 $355,542


HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING VALUE



www.cbre.us/norfolk

RETAIL FOR LEASE

DEMOGRAPHIC PROFILE


NAME LATITUDE LONGITUDE

1464 MOUNT PLEASANT RD 36.716238 -76.187691

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:347465



www.cbre.us/norfolk

mount pleasant marketplace - loopnet · 2018. 11. 2. · on the northwest corner of the signalized...

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