proposed site - anchor cleveland | retail real estate...

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LOCATION 4185, 4193, 4217 Kent Rd | Stow, OH 44224 HIGHLIGHTS 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) TRAFFIC COUNTS Kent Road = 17, 285 VPD Fishcreek Road = 16, 881 VPD CONTACT MATT WILSON [email protected] | 216.470.8200 24500 Chagrin Blvd., Suite 100 Beachwood, 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 PROPOSED SITE NEW RETAIL DEVELOPMENT 4185, 4193, 4217 Kent Rd. Stow, OH 44224 DEMOGRAPHICS 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

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Page 1: PROPOSED SITE - Anchor Cleveland | Retail Real Estate …anchorcleveland.com/img/brochures/StowFlyer.pdf · PROPOSED SITE Anchor CLEVELAND ... Ancho Cleveland LLC n t gents ssociate

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

Page 2: PROPOSED SITE - Anchor Cleveland | Retail Real Estate …anchorcleveland.com/img/brochures/StowFlyer.pdf · PROPOSED SITE Anchor CLEVELAND ... Ancho Cleveland LLC n t gents ssociate

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

Page 3: PROPOSED SITE - Anchor Cleveland | Retail Real Estate …anchorcleveland.com/img/brochures/StowFlyer.pdf · PROPOSED SITE Anchor CLEVELAND ... Ancho Cleveland LLC n t gents ssociate

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

Page 4: PROPOSED SITE - Anchor Cleveland | Retail Real Estate …anchorcleveland.com/img/brochures/StowFlyer.pdf · PROPOSED SITE Anchor CLEVELAND ... Ancho Cleveland LLC n t gents ssociate

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

Page 5: PROPOSED SITE - Anchor Cleveland | Retail Real Estate …anchorcleveland.com/img/brochures/StowFlyer.pdf · PROPOSED SITE Anchor CLEVELAND ... Ancho Cleveland LLC n t gents ssociate

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