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MEET YOUR NEIGHBORS Huntsville, AL 35802

MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

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Page 1: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

M E E T Y O U R N E I G H B O R S

Huntsville, AL 35802

Page 2: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

Airport Road is the area’s

predominate north-south

arterial road. This highly

traff icked and highly

desirable stretch of Airport

Road is the go to spot in the

area for premier shopping

and dining options.

WE LIKE IT HERE(You Will Too...)

Page 3: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

W H O I S V I S I T I N G W E S T B U R Y S Q U A R E ?

FREQUENT VISITORS

73% of visitors visit the site more than once during the year

CUSTOMERS TRAVEL

Customers travel up to 18.6 miles to visit the center

CUSTOMERS SPEND

Customers in this area spend between $20,000 - $30,000

per year on average on retail goods

TRADE AREA & DEMOGRAPHICS

1 M I L E 3 M I L E S 5 M I L E S

POPULATION 5,797 50,312 105,181

# OF HOUSEHOLDS 2,895 22,745 46,105

AVG. HH INCOME $76,698 $78,391 $75,389

DAYTIME POPULATION 9,892 76,211 184,495

Estimated based on actual traffic counts on property with 1.5 person / vehicle

3.1 MillionVisitors to Huntsville

105,181Population (5-Mile Radius)

184,495Daytime Population

40.4 years old(5-Mile Radius)

$75,389Average House Hold Income

Page 4: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

M A R K E T O V E R V I E W

HUNTSVILLE IS BOOMING

7%Population Growth Rate

Over the Next 5 Years

500,000+Expected to surpass

Birmingham as the state’s most populous city within a decade

9,000+More than 9,000 New Jobs

Over the Past 3 Years

DynamicEconomic Base Including:

Defense, Aerospace, Bioscience, Information Technology

and Advanced Manufacturing

Page 5: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

RETAIL IS TAKING OFF

Page 6: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

SITE PLAN SITE SUMMARY

Suite Tenant Size

001 BB&T 2,720

002 Surin of Thailand 4,800

003 Michaels 21,440

004 Unit Available 3,524

005 Moes Southwest Grill 2,400

006 Rolo’s Cafe 2,720

007 Cricket Wireless 1,520

008 Healthsource of Huntsville 1,520

009 Stein Mart 36,000

010 Finest Nail & Spa 1,580

011 Chicken Salad Chick 3,000

012 Warhammer 1,440

013 Baby Bite Bake Shoppe 1,520

014 Jimmy John’s Gourmet Sandwiches 1,320

015 Shoe Fly 1,200

016 Cuts By Us 1,200

017 Planet Smoothie 1,200

018 Metro Dine 3,600

019 TJ Maxx 23,320

020 Jenny Craig 1,800

021 Captain D’s 2,785

Page 7: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

TRADE AREA TAPESTRY SEGMENTATIONENTERPRISING PROFESSIONALS9.3%

FAMILY-ORIENTED SOCCER MOMS14.8% (63.9% within 1 mi)

PROFESSIONAL PRIDE9.1%

IN STYLE

10.7%

SAVVY SUBURBANITES10.2%

MEDIAN AGE34MEDIAN HH INCOME$77,000

MEDIAN AGE36MEDIAN HH INCOME$84,000

MEDIAN AGE40MEDIAN HH INCOME$127,000

MEDIAN AGE41MEDIAN HH INCOME$66,000

MEDIAN AGE44MEDIAN HH INCOME$104,000

• Well educated and climbing the corporate ladder

• Early adopters of new technology in hopes of impressing peers with new gadgets

• Buy name brands and trendy clothes

• Kid-obsessed market with a country flavor

• Hectic, active lifestyle with two working parents

• Favor anything that will save them time such as devices, online banking or housekeeping services

• Well-educated professional individuals that are goal-oriented with dual incomes

• Homes are furnished with latest in home trends

• Despite busy schedules, make time to workout and visit the salon regularly

• Married couples, primarily with no children

• Prefer to consume organic goods

• Actively support the arts, theater, concerts and museums

• Connected, educated and knowledgeable

• Enjoy good food and wine, plus the amenities of the City’s cultural events

• Informed shoppers that research online prior to purchasing, focus on quality

• Physically fit, actively pursue a number of sports from skiing to golf

C O N S U M E R B E H AV I O R P R O F I L E SBased on a 5 mile radius

8

ENTERPRISING PROFESSIONALS9.3%

FAMILY-ORIENTED SOCCER MOMS14.8% (63.9% within 1 mi)

PROFESSIONAL PRIDE9.1%

IN STYLE

10.7%

SAVVY SUBURBANITES10.2%

MEDIAN AGE34MEDIAN HH INCOME$77,000

MEDIAN AGE36MEDIAN HH INCOME$84,000

MEDIAN AGE40MEDIAN HH INCOME$127,000

MEDIAN AGE41MEDIAN HH INCOME$66,000

MEDIAN AGE44MEDIAN HH INCOME$104,000

• Well educated and climbing the corporate ladder

• Early adopters of new technology in hopes of impressing peers with new gadgets

• Buy name brands and trendy clothes

• Kid-obsessed market with a country flavor

• Hectic, active lifestyle with two working parents

• Favor anything that will save them time such as devices, online banking or housekeeping services

• Well-educated professional individuals that are goal-oriented with dual incomes

• Homes are furnished with latest in home trends

• Despite busy schedules, make time to workout and visit the salon regularly

• Married couples, primarily with no children

• Prefer to consume organic goods

• Actively support the arts, theater, concerts and museums

• Connected, educated and knowledgeable

• Enjoy good food and wine, plus the amenities of the City’s cultural events

• Informed shoppers that research online prior to purchasing, focus on quality

• Physically fit, actively pursue a number of sports from skiing to golf

C O N S U M E R B E H AV I O R P R O F I L E SBased on a 5 mile radius

8

ENTERPRISING PROFESSIONALS9.3%

FAMILY-ORIENTED SOCCER MOMS14.8% (63.9% within 1 mi)

PROFESSIONAL PRIDE9.1%

IN STYLE

10.7%

SAVVY SUBURBANITES10.2%

MEDIAN AGE34MEDIAN HH INCOME$77,000

MEDIAN AGE36MEDIAN HH INCOME$84,000

MEDIAN AGE40MEDIAN HH INCOME$127,000

MEDIAN AGE41MEDIAN HH INCOME$66,000

MEDIAN AGE44MEDIAN HH INCOME$104,000

• Well educated and climbing the corporate ladder

• Early adopters of new technology in hopes of impressing peers with new gadgets

• Buy name brands and trendy clothes

• Kid-obsessed market with a country flavor

• Hectic, active lifestyle with two working parents

• Favor anything that will save them time such as devices, online banking or housekeeping services

• Well-educated professional individuals that are goal-oriented with dual incomes

• Homes are furnished with latest in home trends

• Despite busy schedules, make time to workout and visit the salon regularly

• Married couples, primarily with no children

• Prefer to consume organic goods

• Actively support the arts, theater, concerts and museums

• Connected, educated and knowledgeable

• Enjoy good food and wine, plus the amenities of the City’s cultural events

• Informed shoppers that research online prior to purchasing, focus on quality

• Physically fit, actively pursue a number of sports from skiing to golf

C O N S U M E R B E H AV I O R P R O F I L E SBased on a 5 mile radius

8

ENTERPRISING PROFESSIONALS9.3%

FAMILY-ORIENTED SOCCER MOMS14.8% (63.9% within 1 mi)

PROFESSIONAL PRIDE9.1%

IN STYLE

10.7%

SAVVY SUBURBANITES10.2%

MEDIAN AGE34MEDIAN HH INCOME$77,000

MEDIAN AGE36MEDIAN HH INCOME$84,000

MEDIAN AGE40MEDIAN HH INCOME$127,000

MEDIAN AGE41MEDIAN HH INCOME$66,000

MEDIAN AGE44MEDIAN HH INCOME$104,000

• Well educated and climbing the corporate ladder

• Early adopters of new technology in hopes of impressing peers with new gadgets

• Buy name brands and trendy clothes

• Kid-obsessed market with a country flavor

• Hectic, active lifestyle with two working parents

• Favor anything that will save them time such as devices, online banking or housekeeping services

• Well-educated professional individuals that are goal-oriented with dual incomes

• Homes are furnished with latest in home trends

• Despite busy schedules, make time to workout and visit the salon regularly

• Married couples, primarily with no children

• Prefer to consume organic goods

• Actively support the arts, theater, concerts and museums

• Connected, educated and knowledgeable

• Enjoy good food and wine, plus the amenities of the City’s cultural events

• Informed shoppers that research online prior to purchasing, focus on quality

• Physically fit, actively pursue a number of sports from skiing to golf

C O N S U M E R B E H AV I O R P R O F I L E SBased on a 5 mile radius

8

ENTERPRISING PROFESSIONALS9.3%

FAMILY-ORIENTED SOCCER MOMS14.8% (63.9% within 1 mi)

PROFESSIONAL PRIDE9.1%

IN STYLE

10.7%

SAVVY SUBURBANITES10.2%

MEDIAN AGE34MEDIAN HH INCOME$77,000

MEDIAN AGE36MEDIAN HH INCOME$84,000

MEDIAN AGE40MEDIAN HH INCOME$127,000

MEDIAN AGE41MEDIAN HH INCOME$66,000

MEDIAN AGE44MEDIAN HH INCOME$104,000

• Well educated and climbing the corporate ladder

• Early adopters of new technology in hopes of impressing peers with new gadgets

• Buy name brands and trendy clothes

• Kid-obsessed market with a country flavor

• Hectic, active lifestyle with two working parents

• Favor anything that will save them time such as devices, online banking or housekeeping services

• Well-educated professional individuals that are goal-oriented with dual incomes

• Homes are furnished with latest in home trends

• Despite busy schedules, make time to workout and visit the salon regularly

• Married couples, primarily with no children

• Prefer to consume organic goods

• Actively support the arts, theater, concerts and museums

• Connected, educated and knowledgeable

• Enjoy good food and wine, plus the amenities of the City’s cultural events

• Informed shoppers that research online prior to purchasing, focus on quality

• Physically fit, actively pursue a number of sports from skiing to golf

C O N S U M E R B E H AV I O R P R O F I L E SBased on a 5 mile radius

8

EXURBINATESCOMFORTABLE EMPTY NESTERS MIDDLEBURG SET TO IMPRESS SAVVY SUBURBANITES

Median Age 51

Trade Area Households 13.3%

Median Age 48

Trade Area Households 11.4%

Median Age 36.1

Trade Area Households 10.1%

Median Age 33.9

Trade Area Households 6.4%

Median Age 45.1

Trade Area Households 5.5%

• Larger market of empty nesters, married couples with no children

• Primarily single-family homes with high medial value of $423,000

• Sociable and hard-working, they still find time to stay physically fit

• Married couples, some with children

• Physically and financially active

• Home maintenance a priority among these homeowners

• Young couples, many with children

• Prefer to buy American and for a good price

• Traditional values are the norm here – faith, country, family

• Single-person households and predominately renters

• Quick meals on the run are a reality of life

• They prefer name brands, but will buy generic when it is a better deal and always have an eye out for a sale

• Married couples with no children or older children

• Informed shoppers that do their research prior to purchasing

• Well-connect consumers that appreciate technology

Page 8: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

Great Opportunity for the Following Uses (and More!)

SOMETHING FOR EVERYONE

• Women’s Clothing

• Kids Clothing

• Book Store

• Craft and Hobby Store

• Jewelry Store

• Sports and Outdoors Store

• Men’s Clothing

• Athletic Store

• Dental or Medical

• Music Store

Page 9: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

CURRENT OPPORTUNITY

SUITE 4 - 3,524 SF SUITE 4 - 3,524 SF SUITE 4 - 3,524 SF

Page 10: MEET YOUR NEIGHBORS - LoopNet...• Hectic, active lifestyle with two working parents • time to workout and visit the Favor anything that will save them time such as devices, online

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. PMStudio_May2019

Shannon TyndallVice President

+1 205 563 4583 [email protected]

Katy Lincoln, CCIMSenior Associate+1 205 262 4703

[email protected]

For Additional Information:

Huntsville, AL 35802