retail buildingliberty township for sale or lease twp. - 7198 hamilton... · for sale or lease...

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Retail Building For Sale or Lease FEATURES 3,756 SF freestanding building Approximately 1 acre site at corner traffic light. Located across from CVS Center, Shell, UDF and McDonald’s Lease rate $16.00 PSF NNN Sale price: $795,000 LOCATION 7198 Hamilton Mason Road and Cincinnati Dayton Road Liberty Township, OH 45069 CONTACT John Thompson [email protected] 513/769-2514 The information submitted is not guaranteed. Although obtained from reliable sources, it is subject to errors, omissions, prior sale and withdrawal from the market without notice. Liberty Township Former Superior Pools building located at corner traffic light in very fast growing retail market. Just off the Michael Fox Freeway (Route 129) in the Liberty Township/West Chester market. This area is the fastest growing market in Cincinnati with a 146% increase in population between 1990 and 2000. Perfect for gas/convenience, fast food, banks, retail, etc. Demographics: 1-mile 3-miles 5-miles Total Population: 4,778 51,061 121,009 Total Households: 1,535 16,624 41,420 Avg. HH Income: $142,783 $115,196 $109,889 T raff ic counts: Cincinnati Dayton Rd. SW Liberty Centre = 23,230 ADT 2007 Cincinnati Dayton Rd. NE Hamilton Mason Rd = 9,640 ADT 2007

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Retail BuildingFor Sale or Lease

F E AT U R E S

3,756 SF freestanding buildingApproximately 1 acre site at cornertraffic light.

Located across from CVS Center, Shell,UDF and McDonald’s

Lease rate $16.00 PSF NNNSale price: $795,000

L O C A T I O N

7198 Hamilton Mason Road andCincinnati Dayton RoadLiberty Township, OH 45069

C O N T AC TJohn [email protected]

513/769-2514

The information submitted is not guaranteed. Although obtained fromreliable sources, it is subject to errors, omissions, prior sale andwithdrawal from the market without notice.

Liberty Township

Former Superior Pools building located at corner traffic light in very fast growing retailmarket. Just off the Michael Fox Freeway (Route 129) in the Liberty Township/WestChester market. This area is the fastest growing market in Cincinnati with a 146% increasein population between 1990 and 2000. Perfect for gas/convenience, fast food, banks, retail,etc.

Demographics: 1-mile 3-miles 5-milesTotal Population: 4,778 51,061 121,009Total Households: 1,535 16,624 41,420Avg. HH Income: $142,783 $115,196 $109,889

Traffic counts:Cincinnati Dayton Rd. SW Liberty Centre = 23,230 ADT 2007Cincinnati Dayton Rd. NE Hamilton Mason Rd = 9,640 ADT 2007

Executive SummaryThe Everest Group/TCN Worldwide

©2009 ESRI 1/19/2010 Page 1 of 3

7198 Hamilton Mason Rd, Liberty, OH, 45044Site Type: Ring Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles

2009 Population Total Population 4,778 51,061 121,009 Male Population 49.5% 49.9% 49.6% Female Population 50.5% 50.1% 50.4% Median Age 34.3 34.3 35.0

2009 Income Median HH Income $125,670 $96,744 $91,116 Per Capita Income $45,112 $38,106 $38,084 Average HH Income $142,783 $115,196 $109,889

2009 Households Total Households 1,535 16,624 41,420 Average Household Size 3.11 3.07 2.91

2009 Housing Owner Occupied Housing Units 82.7% 79.9% 78.2% Renter Occupied Housing Units 7.6% 14.4% 15.0% Vacant Housing Units 9.8% 5.7% 6.8%

Population 1990 Population 1,782 24,407 57,311 2000 Population 4,136 41,041 94,031 2009 Population 4,778 51,061 121,009 2014 Population 5,149 55,387 133,547 1990-2000 Annual Rate 8.78% 5.33% 5.08% 2000-2009 Annual Rate 1.57% 2.39% 2.76% 2009-2014 Annual Rate 1.51% 1.64% 1.99%

In the identified market area, the current year population is 121,009. In 2000, the Census count in the market area was 94,031. The rate of change since 2000 was 2.76 percent annually. The five-year projection for the population in the market area is 133,547, representing a change of 1.99 percent annually from 2009 to 2014. Currently, the population is 49.6 percent male and 50.4 percent female.

Households 1990 Households 557 8,030 19,068 2000 Households 1,319 13,378 31,682 2009 Households 1,535 16,624 41,420 2014 Households 1,658 18,035 45,948 1990-2000 Annual Rate 9% 5.24% 5.21% 2000-2009 Annual Rate 1.65% 2.38% 2.94% 2009-2014 Annual Rate 1.55% 1.64% 2.1%

The household count in this market area has changed from 31,682 in 2000 to 41,420 in the current year, a change of 2.94 percent annually. The five-year projection of households is 45,948, a change of 2.1 percent annually from the current year total. Average household size is currently 2.91, compared to 2.95 in the year 2000. The number of families in the current year is 32,860 in the market area.

Housing

Currently, 78.2 percent of the 44,437 housing units in the market area are owner occupied; 15.0 percent, renter occupied; and 6.8 percent are vacant. In 2000, there were 33,030 housing units— 82.3 percent owner occupied, 13.6 percent renter occupied and 4.1 percent vacant. The rate of change in housing units since 2000 is 3.26 percent. Median home value in the market area is $191,010, compared to a median home value of $162,279 for the U.S. In five years, median home value is projected to change by 0.55 percent annually to $196,304. From 2000 to the current year, median home value changed by 1.95 percent annually.

Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2009 and 2014. ESRI converted 1990 Census data into 2000 geography.

Executive SummaryThe Everest Group/TCN Worldwide

©2009 ESRI 1/19/2010 Page 2 of 3

7198 Hamilton Mason Rd, Liberty, OH, 45044Site Type: Ring Radius: 1 Miles Radius: 3 Miles Radius: 5 Miles

Median Household Income 1990 Median HH Income $53,022 $50,649 $49,294 2000 Median HH Income $90,687 $75,142 $72,125 2009 Median HH Income $125,670 $96,744 $91,116 2014 Median HH Income $125,256 $100,700 $94,669 1990-2000 Annual Rate 5.51% 4.02% 3.88% 2000-2009 Annual Rate 3.59% 2.77% 2.56% 2009-2014 Annual Rate -0.07% 0.8% 0.77%

Per Capita Income 1990 Per Capita Income $18,375 $18,014 $18,379 2000 Per Capita Income $36,020 $28,309 $28,458 2009 Per Capita Income $45,112 $38,106 $38,084 2014 Per Capita Income $47,247 $39,310 $39,309 1990-2000 Annual Rate 6.96% 4.62% 4.47% 2000-2009 Annual Rate 2.46% 3.27% 3.2% 2009-2014 Annual Rate 0.93% 0.62% 0.64%

Average Household Income 1990 Average Household Income $56,257 $54,198 $54,429 2000 Average Household Income $113,722 $85,241 $82,999 2009 Average HH Income $142,783 $115,196 $109,889 2014 Average HH Income $149,341 $118,701 $112,874 1990-2000 Annual Rate 7.29% 4.63% 4.31% 2000-2009 Annual Rate 2.49% 3.31% 3.08% 2009-2014 Annual Rate 0.9% 0.6% 0.54%

Households by Income

Current median household income is $91,116 in the market area, compared to $54,719 for all U.S. households. Median household income is projected to be $94,669 in five years. In 2000, median household income was $72,125, compared to $49,294 in 1990.

Current average household income is $109,889 in this market area, compared to $71,437 for all U.S. households. Average household income is projected to be $112,874 in five years. In 2000, average household income was $82,999, compared to $54,429 in 1990.

Current per capita income is $38,084 in the market area, compared to the U.S. per capita income of $27,277. The per capita income is projected to be $39,309 in five years. In 2000, the per capita income was $28,458, compared to $18,379 in 1990.

Population by Employment

Total Businesses 220 1,262 3,549 Total Employees 2,619 12,176 43,848

Currently, 93.3 percent of the civilian labor force in the identified market area is employed and 6.7 percent are unemployed. In comparison, 89.4 percent of the U.S. civilian labor force is employed, and 10.6 percent are unemployed. In five years the rate of employment in the market area will be 95.4 percent of the civilian labor force, and unemployment will be 4.6 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 92.9 percent, and 7.1 percent will be unemployed. In 2000, 73.9 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.1 percent were in the Armed Forces.

In the current year, the occupational distribution of the employed population is:

75.4 percent in white collar jobs (compared to 61.5 percent of U.S. employment)•11.0 percent in service jobs (compared to 17.1 percent of U.S. employment)•13.6 percent in blue collar jobs (compared to 21.4 percent of U.S. employment)•

In 2000, 88.4 percent of the market area population drove alone to work, and 3.6 percent worked at home. The average travel time to work in 2000 was 23.8 minutes in the market area, compared to the U.S. average of 25.5 minutes.

Population by Education

In 2009, the educational attainment of the population aged 25 years or older in the market area was distributed as follows:

5.7 percent had not earned a high school diploma (16.2 percent in the U.S.)•22.7 percent were high school graduates only (29.8 percent in the U.S.)•8.4 percent had completed an Associate degree (7.2 percent in the U.S.)•29.0 percent had a Bachelor's degree (17.0 percent in the U.S.)•14.8 percent had earned a Master's/Professional/Doctorate Degree (9.8 percent in the U.S.)•