proposed site - anchor cleveland | retail real estate...
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L O C AT I O N 4185, 4193, 4217 Kent Rd | Stow, OH 44224
H I G H L I G H T S
• Very desirable residential submarket
• Directly opposite DDR’s 502,000 SF Stow Commuity Center
• Adjacent retailers: Target, Kohl’s Giant Eagle, Macy’s and Meijer (Opening Spring 2019)
T R A F F I C C O U N T S Kent Road = 17, 285 VPD Fishcreek Road = 16, 881 VPD
C O N TA C T
MATT WILSON [email protected] | 216.470.8200
24500 Chagrin Blvd., Suite 100Beachwood, Ohio 44122
WWW.ANCHORCLEVELAND.COM
• Available for Sale or Lease
• 1 new pad available opposite Target
• Anchored by 2 Best of Class retailers
16,881 VPD
17,285 VPD
KENT ROAD
PROPOSEDSITE
AnchorC L E V E L A N D
PROPOSED SITESTOW COMMUNITY CENTER | 4185 Kent Road | STOW, OHIO 44224
TRADE AREA AERIAL
N
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Broker has made no investigation and makes no representation of the property.24500 CHAGRIN BLVD, SUITE 100, BEACHWOOD, OH 44122 | 216-342-2523 | WWW.ANCHORCLEVELAND.COM
NEW RETAIL DEVELOPMENT 4185, 4193, 4217 Kent Rd. Stow, OH 44224
D E M O G R A P H I C S 2016 Estimates 1 mile 3 mile 5 mile
POPULATION 6,034 52,346 136,467
HOUSEHOLDS 2,618 22,119 58,128
AVERAGE HH INCOME $76,052 $80,146 $69,220
DAYTIME EMPLOYEES 319 1,685 5,307
MSA: AKRON MSA LATITUDE: 41.157324 LONGITUDE: -81.409427
PROPOSED SITE 4185, 4193, 4217 Kent Rd. Stow, OH 44224
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Anchor Cleveland, LLC, and its agents, associates and employees make no guarantee, warranty, or representation of the property. All images contained herein are the property of Anchor Cleveland, LLC and shall not be duplicated or reproduced without express written consent of Anchor Cleveland, LLC.
MATT WILSON - 216.470.8200
16,881 VPD17,285 VPD
KENT ROAD
PROPOSEDSITE
AnchorC L E V E L A N D
PROPOSED SITESTOW COMMUNITY CENTER | 4185 Kent Road | STOW, OHIO 44224
TRADE AREA AERIAL
N
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Broker has made no investigation and makes no representation of the property.24500 CHAGRIN BLVD, SUITE 100, BEACHWOOD, OH 44122 | 216-342-2523 | WWW.ANCHORCLEVELAND.COM
N
PROPOSED SITE 4185, 4193, 4217 Kent Rd. Stow, OH 44224
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Anchor Cleveland, LLC, and its agents, associates and employees make no guarantee, warranty, or representation of the property. All images contained herein are the property of Anchor Cleveland, LLC and shall not be duplicated or reproduced without express written consent of Anchor Cleveland, LLC.
MATT WILSON - 216.470.8200
KENT RD59
KENT RD
FISHCREEK COMMONS
STOW COMMUNITY CENTER
PROPOSEDSITE
AnchorC L E V E L A N D
PROPOSED SITE4185-4217 Kent Rd | STOW, OH 44224
LOW AERIAL with SITE PLAN
N
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Broker has made no investigation and makes no representation of the property.24500 CHAGRIN BLVD, SUITE 100, BEACHWOOD, OH 44122 | 216-342-2523 | WWW.ANCHORCLEVELAND.COM
N
PROPOSED SITE 4185, 4193, 4217 Kent Rd. Stow, OH 44224
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Anchor Cleveland, LLC, and its agents, associates and employees make no guarantee, warranty, or representation of the property. All images contained herein are the property of Anchor Cleveland, LLC and shall not be duplicated or reproduced without express written consent of Anchor Cleveland, LLC.
MATT WILSON - 216.470.8200
PROPOSEDSITE
AnchorC L E V E L A N D
PROPOSED SITE4185-4217 Kent Rd | STOW, OH 44224
SITE PLAN
N
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Broker has made no investigation and makes no representation of the property.24500 CHAGRIN BLVD, SUITE 100, BEACHWOOD, OH 44122 | 216-342-2523 | WWW.ANCHORCLEVELAND.COM
PROPOSED SITE 4185, 4193, 4217 Kent Rd. Stow, OH 44224PROPOSED SITE 4185, 4193, 4217 Kent Rd. Stow, OH 44224
The information submitted herein is not guaranteed. Although obtained from reliable resources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Anchor Cleveland, LLC, and its agents, associates and employees make no guarantee, warranty, or representation of the property. All images contained herein are the property of Anchor Cleveland, LLC and shall not be duplicated or reproduced without express written consent of Anchor Cleveland, LLC.
MATT WILSON - 216.470.8200Demographic Source: Applied Geographic Solutions 10/2016, TIGER Geography page 1 of 1©2017, Sites USA, Chandler, Arizona, 480-491-1112
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SUMMARY PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 41.1581/-81.4091RS1
4217 Kent Rd1 mi radius 3 mi radius 5 mi radius 10 min
drivetimeStow, OH 44224
PO
PU
LATI
ON
2016 Estimated Population 6,034 52,346 136,467 177,344
2021 Projected Population 5,987 51,997 135,617 176,576
2010 Census Population 5,992 51,944 135,365 177,117
2000 Census Population 5,976 50,923 130,352 173,370
Projected Annual Growth 2016 to 2021 -0.2% -0.1% -0.1% -0.1%
Historical Annual Growth 2000 to 2016 0.1% 0.2% 0.3% 0.1%
2016 Median Age 43.7 39.6 37.4 37.7
HO
US
EH
OLD
S
2016 Estimated Households 2,618 22,119 58,128 75,690
2021 Projected Households 2,670 22,621 59,445 77,563
2010 Census Households 2,510 21,197 55,666 73,038
2000 Census Households 2,391 19,921 51,464 69,259
Projected Annual Growth 2016 to 2021 0.4% 0.5% 0.5% 0.5%
Historical Annual Growth 2000 to 2016 0.6% 0.7% 0.8% 0.6%
RA
CE
AN
DE
THN
ICIT
Y
2016 Estimated White 91.7% 90.0% 89.0% 86.9%
2016 Estimated Black or African American 3.9% 4.6% 5.1% 6.7%
2016 Estimated Asian or Pacific Islander 2.4% 2.9% 3.3% 3.4%
2016 Estimated American Indian or Native Alaskan - 0.1% 0.2% 0.2%
2016 Estimated Other Races 1.9% 2.3% 2.5% 2.8%
2016 Estimated Hispanic 1.5% 1.9% 2.1% 2.3%
INC
OM
E 2016 Estimated Average Household Income $76,052 $80,146 $69,220 $67,955
2016 Estimated Median Household Income $64,847 $67,480 $57,197 $56,243
2016 Estimated Per Capita Income $33,192 $33,947 $29,711 $29,216E
DU
CA
TIO
N(A
GE
25+
)2016 Estimated Elementary (Grade Level 0 to 8) 2.3% 1.9% 2.0% 2.6%
2016 Estimated Some High School (Grade Level 9 to 11) 3.0% 4.7% 4.7% 5.5%
2016 Estimated High School Graduate 25.8% 26.1% 28.3% 29.7%
2016 Estimated Some College 21.1% 20.2% 19.8% 19.6%
2016 Estimated Associates Degree Only 8.7% 7.6% 8.2% 8.2%
2016 Estimated Bachelors Degree Only 26.3% 24.5% 23.3% 21.8%
2016 Estimated Graduate Degree 12.9% 15.0% 13.6% 12.6%
BU
SIN
ES
S 2016 Estimated Total Businesses 319 1,685 5,307 7,475
2016 Estimated Total Employees 3,988 20,332 68,651 93,367
2016 Estimated Employee Population per Business 12.5 12.1 12.9 12.5
2016 Estimated Residential Population per Business 18.9 31.1 25.7 23.7