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The Plaza Boulevard | 5953-5987 El Cajon Boulevard, San Diego, CA, 92115 OFFERING MEMORANDUM

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Page 1: The Plaza Boulevard | 5953-5987 El Cajon Boulevard, San ... · without sacrificing the original flavors, spices and authenticity of our heritage in food preparations. In the twenty

The Plaza Boulevard | 5953-5987 El Cajon Boulevard, San Diego, CA, 92115

OFFE

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The Plaza BoulevardCONTENTS

Exclusively Marketed by:

Davis NiehausRetail, Office, and Medical SpecialistLic: 02098058(949) [email protected]

We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions,change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice.  We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of theproperty. You and your tax and legal advisors should conduct your own investigation of the property and transaction.

01 Executive Summary Investment Summary 5 Location Summary 6

02 Property Description Property Features 8 Aerial Map 9 Parcel Map 10 Existing Land Use 11 Planned Land Use 12

03 Rent Comps Plaza Boulevard - Lease Comps 14

04 On Market Comps Plaza Boulevard - On Market Comps 16

05 Sale Comps Plaza Boulevard - Sales Comps - Last 2Years

18

06 Rent Roll Tenant Profile 20

07 Financial Analysis Income & Expense Analysis 23 Multiyear Cash Flow Assumptions 24 Vacant Space/Second Gen Leasing 25 Cash Flow Analysis 26 Disposition Sensitivity Analysis 28

08 Demographics Demographics 30 Demographic Charts 32

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The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from eXpCommercial Realty and it should not be made available to any other person or entity without the written consent of eXp Commercial Realty. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipientfurther agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly returnthis offering memorandum to eXp Commercial Realty. This offering memorandum has been prepared to provide summary, unverified financial and physical information toprospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. eXp Commercial Realty has not made any investigation, and makes nowarranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and squarefootage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federalregulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue itsoccupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, eXp Commercial Realty has not verified, and will notverify, any of the information contained herein, nor has eXp Commercial Realty conducted any investigation regarding these matters and makes no warranty orrepresentation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of theinformation set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.

The Plaza Boulevard Confidentiality and Disclaimer | 03

CONFIDENTIALITY AND DISCLAIMER

PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.PLEASE CONTACT EXP COMMERCIAL REALTY FOR MORE DETAILS.Copyright © 2020 CREOP, LLC. All Rights Reserved.

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The P

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Executive Summary

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The Plaza Boulevard Investment Summary | 05

OFFERING SUMMARYADDRESS 5953-5987 El Cajon Boulevard

San Diego CA 92115

COUNTY San Diego

MARKET La Mesa

SUBMARKET College Area

BUILDING SF 30,000 SF

LAND SF 51,945 SF

YEAR BUILT 1960

FINANCIAL SUMMARYOFFERING PRICE $7,250,000

PRICE PSF $241.67

OCCUPANCY 100 %

NOI (CURRENT) $156,887

CAP RATE (CURRENT) 2.16 %

CAP RATE (PRO FORMA) 6.02 %

DEMOGRAPHICS 1 MILE 3 MILE 5 MILE2019 Population 34,916 237,260 574,939

2019 Median HH Income $53,878 $56,415 $63,099

2019 Average HH Income $75,467 $79,783 $85,744

In the option to purchase, 5953-5987 El Cajon Boulevard, SanDiego, CA 92115; one is getting the chance of a lifetime. Recently,this entire property has been planned to be Re-Zoned to Mixed-Use. Besides this factor, there is a number of vacancies, which canbe easily filled with due time, and, the right listing broker. In thetime being, while you await the City's Approval to the proposed"Re-Zoning", you can take advantage of justified rent in monthlypassive income, due to these highly opportunistic spaces. Thisproperty is right down the street from San Diego State University;to the point where students walk here on a daily basis to visitAztec Smoke Shop, workout and participate in Boxing Class(es),or to grab food at Alforon. Along with students, El Cajon Blvd seesabout +/-25,000 daily commuters pass by this spot, one of the fewspots with parking on El Cajon Blvd.; ultimately, this is a desirablespot when you continue to consider the factors of the primelocation, and the possibilities of what proper management couldturn this location into, over the next 10 years.

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The Plaza Boulevard Location Summary | 06

5953-5987 El Cajon Boulevard, San Diego, CA 92115 ;happens to be an opportunistic property totalingabout 1.15 Acres in the San Diego College Area.Through some years, the College Area BusinessDistrict ultimately has became a lot more hands on,to ensure the success of this community, whileachieving non-profit status. In this Retail Strip, knownas "Plaza Boulevard", you are gaining access to anamazing opportunity, in which you can go about in anumber of directions with proper management. Dueto the proximity to San Diego State University,among a number of factors, this property will beworth much more than the current asking price in 10years.

Plaza Boulevard to SDSU

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The P

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Property Description

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Aerial Map

Parcel Map

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Property Images

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The Plaza Boulevard Property Features | 08

PROPERTY FEATURESNUMBER OF TENANTS 4

BUILDING SF 30,000

LAND SF 51,945

LAND ACRES 1.15

YEAR BUILT 1960

# OF PARCELS 5

ZONING TYPE COMMERCIAL

BUILDING CLASS STRIP RETAIL

NUMBER OF PARKING SPACES 12

MIXED USE Planned by City of San Diego; nextRe-Zoning Period.

TRAFFIC COUNTS 28,500

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The Plaza Boulevard Aerial Map | 09

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The Plaza Boulevard Parcel Map | 10

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The Plaza Boulevard Existing Land Use | 11

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The Plaza Boulevard Planned Land Use | 12

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Rent Comparables

Rent Comparables Summary

Rent Comparables Map

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PlazaBoulevard-LeaseCompsSignDate Start

DateAddress City Floor SF

LeasedRent/SF/Mo

Services RentType

Use LeaseType

Term Exp.Date

Tenant

Jan2020 Feb2020 7281-7287ElCajonBlvd

SD 1st 750 $1.46 Asking Retail Direct

Jan2020 Feb2020 7281-7287ElCajonBlvd

SD 1st 800 $2.18 Asking

Retail Direct

Jan2020 Feb2020 1835ElCajonBlvd

SD 1st 1,147 $1.55 MG Asking

Office Direct

3years Jan2021 SevaHollistic

Dec2019 Jan2020 5249ElCajonBlvd

SD BSMT 2,085 $1.92 NNN Asking

Retail Direct

Nov2019 Dec2019 6244ElCajonBlvd

SD 1st 700 $1.40 Asking

Office Direct

4years Dec2023

Nov2019 Nov2019 7149-7151ElCajonBlvd

SD 1st 2,100 $1.22 NNN Asking

Retail Direct

1yr Nov2020

Nov2019 Jan2020 5700-5716ElCajonBlvd

SD 1st 2,100 $1.25 NNN Asking

Retail Direct

Oct2019 Nov2019 2311-2315ElCajonBlvd

SD 1st 1,150 $3.25 MG Asking

Office/Retail

Direct

Oct2019 Nov2019 6602ElCajonBlvd

SD 1st 208 $3.37 FS Asking

Office Direct

1yr Nov2020

Sep2019 Oct2019 4275ElCajonBlvd

SD 2nd 2,126 $1.80 +UTIL Asking

Office Direct

Sep2019 Sep2019 7020ElCajonBlvd

SD 1st 1,200 $2.25 FS Asking

Retail Direct

The Plaza Boulevard Plaza Boulevard - Lease Comps | 14

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On Market Comparables

On Market Comparables Summary

On Market Comparables Charts

On Market Comparables Map

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PlazaBoulevard–OnMarketComps

Address City PropertyInfo SaleInfo

1 1844ElCajonBlvd SanDiego 12,320RetailBuilding SalePrice:Undisclosed

2-1 2419ElCajonBlvd SanDiego 5,000RetailBuilding SalePrice:$2,700,000;portfolioonly

2-2 2425ElCajonBlvd SanDiego 1,585RetailBuilding SalePrice:$2,700,000

3 4224-4228ElCajonBlvd SanDiego 6,752RetailBuilding SalePrice:$1,500,000

4 5058-5060ElCajonBlvd SanDiego 6,175RetailBuilding SalePrice:$1,099,000

5-1 5841ElCajonBlvd SanDiego 1,977RetailBuilding SalePrice:$3,000,000;portfolioonly

5-2 5841ElCajonBlvd SanDiego 8UnitMulti-FamilyBuilding

Price/Unit:$375,000

The Plaza Boulevard Plaza Boulevard - On Market Comps | 16

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Sale Comparables Summary

Sale Comparables Charts

Sale Comparables Map

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PlazaBoulevard–SalesComps–Last2Years

Address City PropertyInfo SaleInfo

1 2800-2828ElCajonBlvd SanDiego 12,623SFGeneralRetail Sold:$9,4000,000($744.67/SF)

2 2855-2859ElCajonBlvd SanDiego 11,675SFGeneralRetail/StorefrontRetail/Office

Sold:$4,235,000($362.74/SF)

3 2935-2947ElCajonBlvd SanDiego 10,200SFGeneralRetail/Storefront

Sold:$3,930,000($385.29/SF)

4 6663ElCajonBlvd SanDiego 23,827SFGeneralRetail Sold:$5,135,000($215.51/SF)

The Plaza Boulevard Plaza Boulevard - Sales Comps - Last 2 Years | 18

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The Plaza Boulevard Tenant Profile | 20

Name ValueTrade Name Alforon RestaurantHeadquartered San Diego, CAWebsite https://www.alforon.com/# of Locations 1

DescriptionOur restaurant was open on a unique concept of innovation of style and presentationwithout sacrificing the original flavors, spices and authenticity of our heritage in foodpreparations. In the twenty first century food preparation has become extremelydependent on off site's mass productions and huge manufacturing corporationsfacilitating the services of kitchen personnel and cooks. This process is not ALFORON's,period. We make everything in house from original ingredients and take pride in thosepreparations and profess to keep our kitchen non commercial in every way. It is and willremain an extension of everyone of us, and how we prepare meals in our own homes forour own kids & families.

Listed AS # 25 on Yelp's Top 100 US Restaurant, among numerous Local & nationalAwards, write ups and recognitions.

"ALFORON" promises to take you back on a Journey to our Old Country of Lebanonin a beautiful setting, a friendly smile and our family's warm Welcome, top it all withour Great Value Menu.Name ValueTrade Name Aztec Smoke ShopHeadquartered San Diego, CAWebsite https://aztecsmokeshop.com/# of Locations 1

DescriptionOur inventory includes a wide variety of products including water pipes, vaporizers,smoking papers, hookahs, hookah tobacco, glass parts for your pipe, grinders, finecigars,cigarette, electronic cigarette, gifts, incense, clothes and stickers high end glassand a lot more.

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The Plaza Boulevard Tenant Profile | 21

Name ValueTrade Name Old School BoxingHeadquartered San Diego, CAWebsite https://oldschoolboxingandfitnesscenter.co

m/# of Locations 1

DescriptionOLD SCHOOL BOXING GYM HAS BEEN AROUND FOR 12 YEARS. WE COMBINE BOXINGAND FITNESS INTO A FUN SYSTEM OF LEARNING AND FITNESS. WE DO THIS WITH ANINNOVATIVE APPROACH TO TEACHING THE SPORT OF BOXING. ALL OUR CLASSES AREHIGH ENERGY AND INFORMATIVE. YOU WILL LEARN THE SPORT OF BOXING, GET INTHE BEST SHAPE OF YOUR LIFE AND HAVE A GREAT TIME DOING IT

Name ValueTrade Name Goalkeeper Youth SoccerHeadquartered San Diego, CAWebsite# of Locations 1

DescriptionCurrently Paying Rent, Not Occupying Space.

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Multiyear Cash Flow Assumptions

Vacant Space/2nd Gen Leasing

Multiyear Cash Flow Projections

Disposition Sensitivity Analysis

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The Plaza Boulevard Income & Expense Analysis | 23

INCOME CURRENT PRO FORMA

Gross Potential Rent $243,532 $480,532

CAM Revenue $1,680 $42,930

Effective Gross Income $245,212 $523,462

Less: Expenses $88,325 $87,332

Net Operating Income $156,887 $436,130

EXPENSES CURRENT PRO FORMA

Real Estate Taxes $50,733 $50,733

Insurance $7,037 $7,037

Management Fee $9,925 $9,925

Repairs & Maintenance $1,884 $1,884

Water / Sewer $9,311 $9,311

Landscaping $400 $400

Utilities $1,318 $1,318

Garbage & Recycling $6,724 $6,724

Advertising & Promotion $993

Total Operating Expense $88,325 $87,332

Expense / SF $2.94 $2.91

% of EGI 36.02 % 16.68 %

REVENUE ALLOCATION

DISTRIBUTION OF EXPENSES

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The Plaza Boulevard Multiyear Cash Flow Assumptions | 24

GLOBALSale Price $7,250,000

Exit Cap Rate 6.00 %

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The Plaza Boulevard Vacant Space/Second Gen Leasing | 25

VACANT SPACE LEASING

AVAILABLE SPACE RSF LEASE START LEASE TERM (Years) FREE RENT(Months)

TENANTIMPROVEMENTS

START RATE PSF(Annual)

5961 1,750 06/01/2020 5 4 $50,000 $12.005985 6,000 06/01/2020 5 6 $100,000 $18.005987 6,000 06/01/2020 5 6 $100,000 $18.00

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The Plaza Boulevard Cash Flow Analysis | 26

CASH FLOWCalendar Year CURRENT Pro Forma Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10Gross Potential RevenueGross Rental Income $243,532 $480,532 $480,532 $480,532 $480,532 $480,532 $480,532 $480,532 $480,532 $480,532CAM Revenue $1,680 $42,930 $42,930 $42,930 $42,930 $42,930 $42,930 $42,930 $42,930 $42,930Gross Potential Income $245,212 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462Effective Gross Income $245,212 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462 $523,462Operating ExpensesReal Estate Taxes $50,733 $50,733 $50,733 $50,733 $50,733 $50,733 $50,733 $50,733 $50,733 $50,733Insurance $7,037 $7,037 $7,037 $7,037 $7,037 $7,037 $7,037 $7,037 $7,037 $7,037Management Fee $9,925 $9,925 $9,925 $9,925 $9,925 $9,925 $9,925 $9,925 $9,925 $9,925Repairs & Maintenance $1,884 $1,884 $1,884 $1,884 $1,884 $1,884 $1,884 $1,884 $1,884 $1,884Water / Sewer $9,311 $9,311 $9,311 $9,311 $9,311 $9,311 $9,311 $9,311 $9,311 $9,311Landscaping $400 $400 $400 $400 $400 $400 $400 $400 $400 $400Utilities $1,318 $1,318 $1,318 $1,318 $1,318 $1,318 $1,318 $1,318 $1,318 $1,318Garbage & Recycling $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724 $6,724Advertising & Promotion $993 $0 $0 $0 $0 $0 $0 $0 $0 $0Total Operating Expense $88,325 $87,332 $87,332 $87,332 $87,332 $87,332 $87,332 $87,332 $87,332 $87,332Net Operating Income $156,887 $436,130 $436,130 $436,130 $436,130 $436,130 $436,130 $436,130 $436,130 $436,130

Effective Gross Income vs Operating Expenses Cash Flow

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The Plaza Boulevard Cash Flow Analysis | 27

Calendar Year CURRENT Pro Forma Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10Financial MetricsCash on Cash Return b/t 2.16 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 %CAP Rate 2.16 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 % 6.02 %Operating Expense Ratio 36.01 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 %Gross Multiplier (GRM) 29.57 13.85 13.85 13.85 13.85 13.85 13.85 13.85 13.85 13.85Breakeven Ratio 36.02 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 % 16.68 %Price / SF $241.67 $241.67 $241.67 $241.67 $241.67 $241.67 $241.67 $241.67 $241.67 $241.67Income / SF $8.17 $17.44 $17.44 $17.44 $17.44 $17.44 $17.44 $17.44 $17.44 $17.44Expense / SF $2.94 $2.91 $2.91 $2.91 $2.91 $2.91 $2.91 $2.91 $2.91 $2.91

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The Plaza Boulevard Disposition Sensitivity Analysis | 28

5 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

5.00% $8,722,600 $291 $8,722,600 8.54%5.25% $8,307,238 $277 $8,307,238 7.63%5.50% $7,929,636 $264 $7,929,636 6.78%5.75% $7,584,870 $253 $7,584,870 5.97%6.00% $7,268,833 $242 $7,268,833 5.21%6.25% $6,978,080 $233 $6,978,080 4.49%6.50% $6,709,692 $224 $6,709,692 3.81%6.75% $6,461,185 $215 $6,461,185 3.15%7.00% $6,230,429 $208 $6,230,429 2.53%

10 YEAR SENSITIVITY ANALYSISEXIT CAP RATE PROJECTED SALES

PRICESALES PRICE PSF PROCEEDS AFTER

LOAN PAYOFFIRR

5.00% $8,722,600 $291 $8,722,600 6.98%5.25% $8,307,238 $277 $8,307,238 6.59%5.50% $7,929,636 $264 $7,929,636 6.22%5.75% $7,584,870 $253 $7,584,870 5.88%6.00% $7,268,833 $242 $7,268,833 5.55%6.25% $6,978,080 $233 $6,978,080 5.24%6.50% $6,709,692 $224 $6,709,692 4.95%6.75% $6,461,185 $215 $6,461,185 4.67%7.00% $6,230,429 $208 $6,230,429 4.40%

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The Plaza Boulevard Demographics | 30

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 32,300 226,862 542,566

2010 Population 32,423 225,439 546,005

2019 Population 34,916 237,260 574,939

2024 Population 36,122 244,445 591,881

2019 African American 3,948 27,014 65,595

2019 American Indian 217 1,775 4,146

2019 Asian 5,006 30,714 68,285

2019 Hispanic 10,164 91,475 217,145

2019 Other Race 4,135 44,700 103,458

2019 White 19,196 117,959 294,299

2019 Multiracial 2,296 13,999 35,511

2019-2024: Population: Growth Rate 3.40 % 3.00 % 2.90 %

2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 1,755 9,294 18,721

$15,000-$24,999 1,235 8,385 17,202

$25,000-$34,999 1,294 8,904 18,865

$35,000-$49,999 1,500 11,189 26,621

$50,000-$74,999 2,245 15,494 39,774

$75,000-$99,999 1,567 10,596 28,588

$100,000-$149,999 1,653 12,537 35,305

$150,000-$199,999 584 4,595 13,726

$200,000 or greater 704 5,059 13,159

Median HH Income $53,878 $56,415 $63,099

Average HH Income $75,467 $79,783 $85,744

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 12,198 85,523 205,384

2010 Total Households 11,688 81,946 201,365

2019 Total Households 12,536 86,053 211,961

2024 Total Households 12,961 88,636 218,067

2019 Average Household Size 2.52 2.70 2.68

2000 Owner Occupied Housing 4,584 35,392 90,229

2000 Renter Occupied Housing 7,286 47,444 108,798

2019 Owner Occupied Housing 4,471 35,013 91,487

2019 Renter Occupied Housing 8,064 51,039 120,474

2019 Vacant Housing 718 4,406 10,019

2019 Total Housing 13,254 90,459 221,980

2024 Owner Occupied Housing 4,645 36,193 94,669

2024 Renter Occupied Housing 8,316 52,443 123,399

2024 Vacant Housing 724 4,412 9,943

2024 Total Housing 13,685 93,048 228,010

2019-2024: Households: Growth Rate 3.35 % 2.95 % 2.85 %

Source: esri

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The Plaza Boulevard Demographics | 31

2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2019 Population Age 30-34 3,079 19,135 49,218

2019 Population Age 35-39 2,149 16,319 42,754

2019 Population Age 40-44 1,656 13,994 35,239

2019 Population Age 45-49 1,602 13,871 34,305

2019 Population Age 50-54 1,585 13,346 32,743

2019 Population Age 55-59 1,586 13,178 33,074

2019 Population Age 60-64 1,384 11,811 29,761

2019 Population Age 65-69 1,196 9,765 24,218

2019 Population Age 70-74 891 7,212 18,220

2019 Population Age 75-79 609 4,850 12,336

2019 Population Age 80-84 395 3,558 8,665

2019 Population Age 85+ 654 4,921 10,256

2019 Population Age 18+ 29,447 184,498 449,723

2019 Median Age 29 34 34

2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $59,550 $57,623 $64,829

Average Household Income 25-34 $82,075 $77,206 $83,873

Median Household Income 35-44 $73,094 $66,230 $76,641

Average Household Income 35-44 $95,173 $88,144 $95,947

Median Household Income 45-54 $72,930 $69,316 $77,850

Average Household Income 45-54 $94,385 $94,902 $101,531

Median Household Income 55-64 $60,848 $62,165 $68,694

Average Household Income 55-64 $81,792 $87,240 $92,245

Median Household Income 65-74 $45,881 $50,657 $54,503

Average Household Income 65-74 $63,297 $76,195 $79,137

Average Household Income 75+ $52,017 $57,161 $56,890

2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2024 Population Age 30-34 2,838 19,397 50,476

2024 Population Age 35-39 2,671 17,775 44,775

2024 Population Age 40-44 1,923 15,404 39,553

2024 Population Age 45-49 1,541 13,469 33,696

2024 Population Age 50-54 1,549 13,431 33,141

2024 Population Age 55-59 1,565 12,705 31,242

2024 Population Age 60-64 1,428 12,262 30,894

2024 Population Age 65-69 1,315 10,848 27,071

2024 Population Age 70-74 1,073 8,523 21,248

2024 Population Age 75-79 796 6,275 15,876

2024 Population Age 80-84 491 4,139 9,991

2024 Population Age 85+ 640 4,854 10,505

2024 Population Age 18+ 30,608 191,667 466,329

2024 Median Age 30 34 35

2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $72,327 $67,034 $77,838

Average Household Income 25-34 $96,494 $89,801 $98,952

Median Household Income 35-44 $85,390 $80,283 $88,903

Average Household Income 35-44 $112,896 $104,191 $112,843

Median Household Income 45-54 $81,918 $80,737 $90,829

Average Household Income 45-54 $110,286 $109,955 $118,723

Median Household Income 55-64 $68,407 $71,945 $79,450

Average Household Income 55-64 $95,878 $102,105 $108,037

Median Household Income 65-74 $52,903 $58,856 $63,727

Average Household Income 65-74 $75,726 $91,255 $95,570

Average Household Income 75+ $61,595 $69,525 $69,570

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The Plaza Boulevard Demographic Charts | 32

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Population by Race

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2019 Household Occupancy - 1 Mile Radius

Average Income Median Income

2019 Household Income Average and Median

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The Plaza Boulevard

Exclusively Marketed by:

Davis NiehausRetail, Office, and Medical SpecialistLic: 02098058(949) [email protected]

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