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Woodland Office Park Prepared by: Brandon Wood, CCIM office: 801.927.2000 [email protected] Bill Nicoloff office: 801.927.2000 [email protected] Chris Falk CCIM, SIOR office: 801.927.2000 [email protected]

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Page 1: Woodland - Newmark Grubb ACRESastro.ngacres.com/htmlemails/woodteam/Woodland...Rent Roll Suite Tenant SF Start Date End Date Rate Mo. Payment Ann. Payment Esc. Options 1528 Building

Woodland OfficePark

Prepared by:

Brandon Wood, CCIMoffice: [email protected]

Bill Nicoloffoffice: [email protected]

Chris Falk CCIM, SIORoffice: [email protected]

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Table of Contents

Page No.

I. Confidentiality Agreement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3

II. Executive Summary & Rent Roll . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4

III. Property Details. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .6

IV. Property Photos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .7

V. Site Plan . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .8

VI. Site Aerial . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9

VII. Individual Building Details . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 1528 N Woodland Park Dr. 1536 N Woodland Park Dr. 1544 N Woodland Park Dr. 1558 N Woodland Park Dr. 1572 N Woodland Park Dr. VIII. Appendix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .24 Area Information Demographics

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Newmark Grubb ACRES Northern Region (hereafter ACRES) has been engaged as the exclusive agent and representative of the Owner. No contacts shall be made by any prospective purchaser or agents to the Owner, it’s executives, personnel, or related entities.

This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Purchase Agreement on terms acceptable to the Owner, at Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agrees to release the Owner from any liability with respect hereto.

The enclosed materials are being provided solely to facilitate the prospective purchaser’s own due diligence for which the purchaser shall be fully and solely responsible.

Neither ACRES nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein shall be relied upon as a promise or representation as to the future performance of the Property. This Investment Offering Brochure may include certain statements and estimates by ACRES with respect to the projected future performance of the Property. These assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, ACRES and the Owner disclaim any an all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed, and delivered Purchase Agreement between it and the Owner.

The information contained herein is subject to change without notice and the recipient of these materials shall not look to the Owner or ACRES nor any of their officers, employees, representatives, independent contractors, or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property.

I. Confidentiality Agreement

3

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Highlights• FiveProfessionalOfficeBuildings

• FiveIndividualParcels

• Totalof53,103SF

• 6.4AcresTotal

• Vacancyof12.4%

• 87.6%Occupancy-UpsideOpportunity

• Builtin1995

FINANCIAL SUMMARY

Purchase Price $6,105,440

Price/SF $114.97

CAP Rate 7.75%

Occupancy 87.6%

PROFORMA

Gross Operating Income $482,640

Reserve (2%) $(9,653)

Net Operating Income $472,987

Executive Summary

• ZonedB-RP:Business&ResearchPark

• StrongLocationinheartofLaytonBusinessSector

• FreewayVisibility

• AttractiveStorefrontTenantEntrances

• LocatedadjacenttoDavisConferenceCenter,Hotels&MultipleRestaurants

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Rent Roll

Suite Tenant SF Start Date End Date Rate Mo. Payment Ann. Payment Esc. Options

1528 Building100 Larkin Hearing Clinics 1,225 7/1/2007 8/31/2014 $11.59 $1,183.15 $14,197.80 3%110 USIS 3,271 10/1/2010 9/30/2015 $11.67 $3,181.02 $38,172.24 3%120 Bankers Life 3,136 9/15/2013 1/31/2019 $11.00 $2,874.67 $34,496.00 3%

1536 Building130 Speaking Roses 3,068 4/1/2009 3/31/2014 $8.50 $2,173.17 $26,078.04 200 Cottonwood Title 1,224 4/15/2006 12/31/2018 $11.85 $1,208.70 $14,692.80 3%210 Academy Mortgage 4,045 1/20/2012 4/30/2015 $10.82 $3,647.24 $43,766.88 3%220 Vacant 2,423 $- $- $-

230 James E. Owings (Elastic Digital) 4,268 7/01/2012 7/31/2015 $5.33 $1,896.89 $22,762.68 3%

1544 Building300 Ivory Homes 3,994 9/1/2004 8/31/2015 $11.00 $3,661.17 $43,934.04 3%305 Select Engineering Services 8,414 4/1/2007 8/31/2014 $10.90 $7,642.72 $91,712.64 3%320 Vacant 2,786 $- $- $-

1558 Building400 Steven Morrow 1,253 10/1/2006 7/31/2016 $11.00 $1,148.58 $13,782.96 3%410 Backman Title Services 3,885 4/1/2006 6/30/2015 $11.85 $3,836.44 $46,037.28 3%420 Carter Hatch 1,097 6/1/2010 10/31/2016 $11.50 $1,051.29 $12,615.50 3%430 Vacant 1,379 $- $- $-

1572 Building500 Riptide Management 4,070 1/31/2012 1/31/2016 $9.74 $3,303.48 $39,641.76 3%505 Wright Development 949 5/11/2009 3/31/2014 $11.59 $916.58 $10,998.96 510 Davis Area Convention 2,616 1/1/2011 12/31/2013 $11.44 $2,494.88 $29,938.56 2 1-yr Options

Totals 53,103 $9.09 $40,219.98 $482,828.14

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Property Details

Individual Building Summary

Building Size (SF) Vacant SF Vacancy BuiltGross

OperatingIncome

Reserves (2%)

NetOperating

Income

1528 7,632 0 0.0% 1995 $86,866 $(1,737) $85,129

1536 15,028 2,423 16.1% 1995 $107,300 $(2,146) $105,154

1544 15,194 2,786 18.3% 1995 $135,647 $(2,713) $132,934

1558 7,614 1,379 18.1% 1995 $72,436 $(1,449) $70,987

1572 7,635 0 0.0% 1995 $80,579 $(1,612) $78,968

Total 53,103 6,588 $482,828 $(9,657) $473,172

6%

29%

42%

14%

9%

Rollover by Year

2013

2014

2015

2016

2018

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Property Photos

1528 NORTH 1536 NORTH

1544 NORTH 1558 NORTH

1572 NORTH

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Site Plan

Woodland Park Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

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Site Aerial

1425 N

HIL

L FI

ELD

RD

ANTELOPE DR

ALD

ER S

T

RING RD

WO

OD

LAN

D P

AR

K D

R

HERITAGE PARK BLVD

LAYT

ON

HIL

LS P

KW

Y

1800 N

1875 N

FOR

BES

AVE

PAUL AVE

MAIN ST

440

W

BENNETTST

1350 N

1550 N

1925 N 1900 N

650

WDELAYNE ST

15

N

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Retail Aerial

0 0.1 0.2Mi les

3900 South 2300 EastSpringville, UtahLayton Hills MallLayton, Utah

N

Commercial Real Estate Services, Worldwide.

WESTCreating and preserving real estate values.TM

1.877.NAIWEST | www.naiwest.comThe above information while not guaranteed has been secured from sources deemed reliable

Aerial Imagery Courtesy of AeroGraphics Image Date: March-June 2012 - Traffic Counts Courtesy of UDOT (2011)

22,820 cars/day

106,285 cars/day

23,270 cars/day

24,345 cars/day 14,810 cars/day

20,815 cars/day24,570 cars/day

107,300 cars/day

104,950 cars/day

42,610 cars/day

1425 North

15 80 84215

Antelope Drive

Woodland Park D

rive Hill Field R

oad

Hill Field Road

University Park B

oulevard

Main Street

King Street

1000 North Gordon Avenue

EXIT#33215 80 84215

EXIT#33115 80 84215

Distribution Center

LoewsLayton Hills 9

Tinseltown 17

SUPERCENTER

HOME APPLIANCE SHOWROOM

DavisHospital

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Individual Building Details

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Building Profile

Address1528 N Woodland Park Dr

Layton, UT 84041

Building Size 7,632 SF

Stories 1

Vacant SF 0 SF

Woodland Park - 1528

Woodland P

ark Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

1528 NORTH

Tenants:Larkin Hearing Clinic

USIS Risk Management

Bankers Life Insurance

Floor Plan

#100Larkin Hearing

#110USIS

#120Bankers Life

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USIS provides screening and security-based information and service solutions to its customers in the government, law enforcement and first responder, commercial, and litigation support markets. Headquartered in Falls Church, Virginia, USIS delivers background screening and risk management solutions in background investigations, fingerprinting, health care investigation, security training, information management & data analytics.

http://www.usis.com

For more than 130 years, Bankers Life and Casualty Company has been helping individuals and families protect their financial security and prepare for retirement. Bankers serves the retirement market through a broad portfolio of affordable, quality health and life insurance products and annuities.

http://www.bankers.com

Woodland Park - 1528

Tenants

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Building Profile

Address1536 N Woodland Park Dr

Layton, UT 84041

Building Size 15,028 SF

Stories 2

Vacant SF 2,423 SF

Woodland Park - 1536

Woodland P

ark Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

1536 NORTH

Tenants:Speaking Roses

Cottonwood Title

Academy Mortgage

James E Owings (Elastic Digital)#200

CottonwoodTitle

1536Upper Floor

#130Speaking Roses

1536 Lower Floor

#230James E Owings

#210Academy Mortgage

#220VACANT

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Speaking Roses is the new way of expression! Since we launched in 2008, we have sold licenses in over 60 countries. We have generated around 8 million dollars in sales in these few years. The company is debt free. With 21 patents in the US and other countries worldwide, Speaking Roses is the first and only business legally allowed to produce and

sell personalized, fresh-cut flowers with images or messages printed right on the petals. http://www.speakingroses.com/

Woodland Park - 1536

Tenants

Cottonwood Title is a full service title company with experienced experts in Real Estate Closings, Title Insurance, Realtor Services, Lender Services, Developer/Builder Services, Foreclosure Services, & Short Sale Services. With six convenient offices, Cottonwood Title services every county in Utah.http://www.cottonwoodtitle.com/

Founded in 1988, Academy Mortgage is one of the nation’s largest and most respected independent mortgage lenders. Academy is headquartered in Salt Lake City, Utah; has over 135 branch offices across the country; and is licensed to process loans in 43 states.

Academy’s mission is to be the 1st Choice home loan lender of every Realtor, Builder, and Homeowner who shares our commitment to sustainable homeownership.http://academymortgage.com/

Elastic Digital provides the best-in-class demand generation platform, The Grid - supported by best practice partner services, globally - and creates world-class digital demand generation campaigns.

We provide sales enablement, education and empowerment solutions to help our clients, and their partners, to generate leads and revenue.

http://www.elasticdigital.com/

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Building Profile

Address1544 N Woodland Park Dr

Layton, UT 84041

Building Size 15,194 SF

Stories 2

Vacant SF 2,786 SF

Woodland Park - 1544

Woodland P

ark Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

1544 NORTH #320

Tenants:Ivory Homes

Select Engineering Services

#300Ivory

Homes

#310SES

1544Upper Floor

#320VACANT #310

SES

#300Ivory

Homes

1544Lower Floor

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Ivory Homes has been ranked #1 among home builders in Utah for 25 consecutive years! Ivory Homes builds beautiful custom Utah homes (estate homes, townhomes, condos and luxury homes) in over 55 Utah communities (including active adult), many of which include rich amenities like pools, parks, and trails.

http://ivoryhomes.com/

Woodland Park - 1544

Tenants

Select Engineering Services (SES) is a provider of engineering/technical services that assist federal agencies, local governments, and corporate entities in a variety of endeavors ranging from embedded engineering and technical services to the performance of system design, development, test, and sustainment of complex systems.

We specialize in Systems Engineering, having adapted our practices to all major engineering disciplines. We have found a particular niche in identifying and qualifying technologies that provide substantial improvements to engineering designs, industrial processes, and the reduction of life cycle costs associated with the sustainment of DoD weapon systems.

We provide a complete spectrum of System Design, Development, and Lifecycle Support for both software and hardware systems.

http://www.sesincusa.com/

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Building Profile

Address1558 N Woodland Park Dr

Layton, UT 84041

Building Size 7,614 SF

Stories 1

Vacant SF 1,379 SF

Woodland Park - 1558

Woodland P

ark Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

1558 NORTH

Tenants:Steven Morrow (Truepointe Mortgage)

Backman Title Services

Carter Hatch (American Family Insurance)

Floor Plan

#430VACANT

#400TruePointe Mortgage

#410Backman Title

Services

#420American Family

Insurance

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At TruePointe Mortgage we are passionately committed to providing our clients with the highest level of customer service combined with the lowest possible mortgage rates and fees. Our highly trained and ethical professionals work one on one with each client to ensure they receive custom-tailored solutions to meet their specific financing goals. Whether you are purchasing your dream home, refinancing an outstanding loan, or consolidating debt, our mortgage loan officers will help you find the right loan with the lowest amount of fees at the best possible rate. We have consistently provided this type of stellar service to our clients since 1997 and have earned the reputation of being Utah’s premier deep discount mortgage lender

http://www.truepointe.com/

Woodland Park - 1558

Tenants

Backman Title Services is one of the largest locally owned and operated title companies in Utah. We focus on best practices to provide safe reliable title work and escrow closings.

Integrity, tradition and trust built our past. Experience, technology and service are building our future.http://backmantitle.com/

American Family Insurance is a private mutual company that focuses on property, casualty and auto insurance, but also offers commercial insurance, life, health, and homeowners coverage, as well as investment and retirement-planning products. http://www.amfam.com/

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Building Profile

Address1572 N Woodland Park Dr

Layton, UT 84041

Building Size 7,635 SF

Stories 1

Vacant SF 0 SF

Woodland Park - 1572

Woodland P

ark Boulevard

1544 N

1536 N

1528 N

1558 N

1572 N

1572 NORTH

Tenants:Riptide Management

Wright Development

Davis Area Convention & Visitors Bureau

Floor Plan

#500Riptide

Management

#505Wright

Development

#510Davis Area Convention

& Visitor Bureau

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Wright Development Group is a local real estate developer. They have experience in residential and commercial development throughout the Utah market.

The Davis Area Convention and Visitors Bureau is a not-for-profit marketing organization representing the Davis County (Utah) area. We encourage associations, corporations, reunion groups and others - to hold their conventions in the Davis Area. We represent, coordinate and promote travel and tourism-related businesses such as facilities, venues, lodging properties, restaurants, attractions, retail stores and local transportation companies.

We promote the Davis Conference Center with over 78,000 sq. ft. of premier space for conventions, meetings, banquets and expositions.

http://www.visitdavisareautah.com/

Woodland Park - 1558

Tenants

WRIGHT DEVELOPMENT

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Appendix

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Davis County

Davis County is Utah’s smallest county in land area. It is a narrow strip

of land only 223 square miles on the shore of the Great Salt Lake but it

is the third largest county in population. An estimated 248,000 residents

live in the County’s fifteen communities. This area offers some of northern

Utah’s most popular attractions, including the Great Salt Lake, Lagoon

Amusement Park, Cherry Hill Campground and Waterpark, and direct

access to Antelope Island State Park.

The establishment of Hill Air Force Base in northern Davis County and

other defense installations nearby created a surge of civilian employment.

Hill AFB quickly became and remains the state’s largest employer.

Diversification brought rapid post-war growth. By 1990 the population had

reached 188,000 and the 2000 census recorded 238,994. Being the

fastest growing of the four major urban communities along the Wasatch

Front, Davis County is projected to build out with a population of about

360,000 by the year 2030.

Davis County now enjoys a wide mix of people representing many

ethnic, cultural, and religious backgrounds. The communications age has

tied Davis County to the world. Its citizens today are part of an economic

and social pattern that reaches far beyond the County’s tiny geographical

limits.

Today, many nationally known commercial, industrial, recreational,

and service companies provide diversified employment opportunities for

residents of Northern Utah. The Freeport Center is the largest distribution

center in the United States with more than nine million square feet of

covered storage and five million square feet of open storage occupied by

more than 125 nationally renowned companies.

Source: Davis County, Utah

AntelopeIslandBisonHerd

East Gate July 14, 2009

by IBI Group

Project # - 25749

DAVISCOUNTY

Area Information

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Hill Air Force BaseHill Air Force Base (Hill AFB) has played a prominent and important

role in the development of Davis County’s economic base for more

than half a century. As the state and the county’s leading employer,

Hill provides jobs for more than 22,000 military and civilian personnel,

including people directly employed at the base, civilian contractors,

and various other tenant organizations located on the base. In addition

to the salaries paid to the military and civilian force, Hill AFB spends

almost $1.0 billion annually for construction and purchases of various

goods and services.

Hill AFB is an Air Force Materiel Command base of the U.S. Air Force. In its current configuration, Hill AFB

covers almost 6,700 acres, spanning two counties (Davis County and Weber County, with the largest

portion of the base located in Davis).

HistoricalOverview

Hill AFB began as a 3,000 acre supply and maintenance depot officially opened in November 1940 and

officially named Hill Field in honor of Major Ployer T. Hill.1,2

With the onset of World War II, the depot was elevated to command status and employment at the depot

grew to nearly 22,000, some 15,780 civilians and 6,000 military personnel. In 1948 Hill Field became Hill

Air Force Base.3

The Base experienced consolidation following WWII, until the outbreak of hostilities in Korea in 1950. During

the Korean Conflict, employment at the base reached almost 16,000 people in 1952. Following the Korean

Conflict, the depot’s maintenance production lines continued work on jet aircraft such as the F-84, F-89,

F-101, and F-102, and employment at the depot stabilized at around 12,000 people.4

In 1955, the Ogden Arsenal was combined with Hill Field, doubling the size of the base to about 6,700

acres. Starting in1959, the depot became the logistics manager for the Minuteman Intercontinental Ballistic

Missile as well as management and maintenance of the F-101 “Voodoo” and F-4 “Phantom” fighter aircraft.

As Utah became a major player in the missile industry, Hill took on a new profile gaining the, maintenance

responsibilities for the F-16 “Fighting Falcon In the mid-1970s.”5

1. Hill Air Force Base History, available at: www.hill.af.mil/main/library/history.

2. Leonard, Glen M. A History of Davis County. Utah State Historical Society (1999).

3. ibid.

4. Arrington, Leonard and George Jensen. “The Defense Industry of Utah.” Utah State Planning Program Economic and Population Studies

(February 1965).

Area Information

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HAFB Continued...

In 1982, the center was designated as system manager for the Peacekeeper ICBM. In 1998, Ogden ALC

won the maintenance workload from the Sacramento ALC depot. The center teamed with Boeing for a

public/private contract totaling $1.7 billion over five years to accomplish repair of additional aerospace

commodities along with the A-10 aircraft.6

In 2004, Hill AFB began its Falcon STAR (Structural Augmentation Roadmap) program. The purpose of this

$1 billion program was to ensure that F-16s meet their original expectations and serve beyond the year

2020. Aircraft modifications will continue through 2014, with most of the work performed at Hill AFB. In July

of 2010, the Air Force announced that Hill AFB is one of two preferred bases to receive three of the first

operational squadrons of the F-35 Lightning II, the Joint Strike Fighter that will eventually replace the F-16.7

Outlook

Hill AFB escaped closure under the current recommendations of the Base Closure and Realignment

Commission. In addition to BRAC’s decision to

keep Hill open, the base has received several

assignments that have expanded its role in the Air

Force. Those assignments include upgrading all

356 A-10 Thunderbolt aircraft, and maintenance

for the C-17 Globemaster III aircraft. On July 15th

2009 Hill AFB officially received the award for

maintenance of two Unmanned Aerial Vehicles

(UAV’s), as well as the RQ-4A Global Hawk. In

September 2010 the first 70,000 SF facility

was opened with a second under construction

designated for maintenance on the new F-22A

Raptor, which will eventually replace the F-15.

The expanded assignments at Hill AFB will ensure

the base’s viability well into the future.

5. Crispin, Jan and Pamela Perlich. “Economic, Demographic and Fiscal Impacts of Closing Hill Air Force Base: A Statewide and Regional

Analysis.” Bureau of Economic and Business Research, David Eccles School of Business, University of Utah (April 2004).

6. Hill Air Force Base History, available at: www.hill.af.mil/main/library/history.

7. Economic Report to the Governor: 2005. Governor’s Office of Planning and Budget, available at: www.governor.utah.gov/dea.

Source: Wood, James andJohn Downen. ““The Changing Economic Structure and Current Baseline of Davis County and Municipalities.”

Bureau of Economic and Business Research, David Eccles School of Business, University of Utah (June 2007).

Available at: http://www.co.davis.ut.us/documents/economic_development/davis_county_structureand_changes.pdf

Proposed East Side Master PlanF-22A and UAV Maintenance Facilities

Area Information

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1 Mile

Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 1 mile radius Longitude: -111.98276

Summary Census 2010 2012 2017Population 13,040 13,340 14,345Households 4,624 4,726 5,118Families 3,148 3,158 3,453Average Household Size 2.82 2.82 2.80Owner Occupied Housing Units 2,250 2,111 2,287Renter Occupied Housing Units 2,374 2,616 2,831Median Age 27.6 27.8 28.2

Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.46% 1.72% 0.68%Households 1.61% 1.81% 0.74%Families 1.80% 2.00% 0.72%Owner HHs 1.61% 1.86% 0.91%Median Household Income 3.26% 3.15% 2.55%

2012 2017 Households by Income Number Percent Number Percent

<$15,000 606 12.8% 652 12.7%$15,000 - $24,999 551 11.7% 476 9.3%$25,000 - $34,999 634 13.4% 508 9.9%$35,000 - $49,999 791 16.7% 747 14.6%$50,000 - $74,999 1,098 23.2% 1,133 22.1%$75,000 - $99,999 542 11.5% 888 17.4%$100,000 - $149,999 381 8.1% 536 10.5%$150,000 - $199,999 40 0.8% 74 1.4%$200,000+ 84 1.8% 102 2.0%

Median Household Income $44,782 $52,570Average Household Income $55,152 $63,073Per Capita Income $19,676 $22,645

Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent

0 - 4 1,387 10.6% 1,415 10.6% 1,527 10.6%5 - 9 1,113 8.5% 1,128 8.5% 1,207 8.4%10 - 14 918 7.0% 920 6.9% 996 6.9%15 - 19 953 7.3% 925 6.9% 949 6.6%20 - 24 1,379 10.6% 1,449 10.9% 1,451 10.1%25 - 34 2,637 20.2% 2,751 20.6% 3,006 21.0%35 - 44 1,581 12.1% 1,567 11.7% 1,665 11.6%45 - 54 1,296 9.9% 1,282 9.6% 1,286 9.0%55 - 64 927 7.1% 994 7.5% 1,127 7.9%

65 - 74 488 3.7% 536 4.0% 703 4.9%75 - 84 261 2.0% 265 2.0% 307 2.1%

85+ 98 0.8% 106 0.8% 122 0.9%Census 2010 2012 2017

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,405 79.8% 10,515 78.8% 10,949 76.3%Black Alone 391 3.0% 415 3.1% 490 3.4%American Indian Alone 83 0.6% 106 0.8% 143 1.0%Asian Alone 382 2.9% 401 3.0% 461 3.2%Pacific Islander Alone 132 1.0% 141 1.1% 179 1.2%Some Other Race Alone 1,106 8.5% 1,173 8.8% 1,405 9.8%Two or More Races 541 4.1% 590 4.4% 719 5.0%

Hispanic Origin (Any Race) 2,425 18.6% 2,575 19.3% 3,117 21.7%Data Note: Income is expressed in current dollars.

August 23, 2013

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Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 3 mile radius Longitude: -111.98276

Summary Census 2010 2012 2017Population 79,669 81,944 88,812Households 24,968 25,635 27,961Families 19,382 19,654 21,565Average Household Size 3.12 3.13 3.11Owner Occupied Housing Units 16,536 16,251 17,837Renter Occupied Housing Units 8,432 9,384 10,123Median Age 27.1 27.3 27.8

Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.62% 1.72% 0.68%Households 1.75% 1.81% 0.74%Families 1.87% 2.00% 0.72%Owner HHs 1.88% 1.86% 0.91%Median Household Income 2.67% 3.15% 2.55%

2012 2017 Households by Income Number Percent Number Percent

<$15,000 2,456 9.6% 2,625 9.4%$15,000 - $24,999 2,043 8.0% 1,709 6.1%$25,000 - $34,999 2,644 10.3% 2,103 7.5%$35,000 - $49,999 4,211 16.4% 3,847 13.8%$50,000 - $74,999 6,548 25.5% 6,605 23.6%$75,000 - $99,999 3,336 13.0% 5,217 18.7%$100,000 - $149,999 3,303 12.9% 4,330 15.5%$150,000 - $199,999 635 2.5% 957 3.4%$200,000+ 459 1.8% 567 2.0%

Median Household Income $53,704 $61,271Average Household Income $64,805 $72,963Per Capita Income $20,883 $23,544

Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent

0 - 4 8,767 11.0% 8,995 11.0% 9,774 11.0%5 - 9 8,082 10.1% 8,273 10.1% 8,964 10.1%10 - 14 6,845 8.6% 6,940 8.5% 7,620 8.6%15 - 19 6,406 8.0% 6,303 7.7% 6,528 7.4%20 - 24 6,812 8.6% 7,113 8.7% 7,131 8.0%25 - 34 13,812 17.3% 14,490 17.7% 15,921 17.9%35 - 44 10,072 12.6% 10,104 12.3% 10,857 12.2%45 - 54 8,331 10.5% 8,333 10.2% 8,430 9.5%55 - 64 5,758 7.2% 6,216 7.6% 7,117 8.0%

65 - 74 2,715 3.4% 3,003 3.7% 3,956 4.5%75 - 84 1,522 1.9% 1,573 1.9% 1,817 2.0%

85+ 548 0.7% 600 0.7% 697 0.8%Census 2010 2012 2017

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 67,781 85.1% 69,138 84.4% 73,249 82.5%Black Alone 1,912 2.4% 2,012 2.5% 2,344 2.6%American Indian Alone 499 0.6% 634 0.8% 853 1.0%Asian Alone 1,827 2.3% 1,923 2.3% 2,251 2.5%Pacific Islander Alone 499 0.6% 532 0.6% 676 0.8%Some Other Race Alone 4,276 5.4% 4,549 5.6% 5,506 6.2%Two or More Races 2,875 3.6% 3,157 3.9% 3,933 4.4%

Hispanic Origin (Any Race) 10,292 12.9% 10,962 13.4% 13,459 15.2%Data Note: Income is expressed in current dollars.

August 23, 2013

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Demographic and Income ProfileWoodland Office ParkLayton, UT, 84041 Latitude: 41.0823Ring: 5 mile radius Longitude: -111.98276

Summary Census 2010 2012 2017Population 157,189 162,319 176,926Households 47,555 48,972 53,610Families 38,650 39,416 43,423Average Household Size 3.26 3.27 3.26Owner Occupied Housing Units 35,638 35,464 39,045Renter Occupied Housing Units 11,917 13,508 14,565Median Age 27.9 28.2 28.7

Trends: 2012 - 2017 Annual Rate Area State NationalPopulation 1.74% 1.72% 0.68%Households 1.83% 1.81% 0.74%Families 1.96% 2.00% 0.72%Owner HHs 1.94% 1.86% 0.91%Median Household Income 3.29% 3.15% 2.55%

2012 2017 Households by Income Number Percent Number Percent

<$15,000 3,924 8.0% 4,110 7.7%$15,000 - $24,999 3,244 6.6% 2,646 4.9%$25,000 - $34,999 4,476 9.1% 3,457 6.4%$35,000 - $49,999 7,209 14.7% 6,392 11.9%$50,000 - $74,999 12,443 25.4% 12,427 23.2%$75,000 - $99,999 7,091 14.5% 10,810 20.2%$100,000 - $149,999 7,974 16.3% 9,925 18.5%$150,000 - $199,999 1,598 3.3% 2,601 4.9%$200,000+ 1,014 2.1% 1,243 2.3%

Median Household Income $58,532 $68,825Average Household Income $70,879 $79,750Per Capita Income $21,721 $24,475

Census 2010 2012 2017 Population by Age Number Percent Number Percent Number Percent

0 - 4 16,532 10.5% 17,036 10.5% 18,598 10.5%5 - 9 16,359 10.4% 16,829 10.4% 18,334 10.4%10 - 14 14,510 9.2% 14,786 9.1% 16,312 9.2%15 - 19 12,899 8.2% 12,735 7.8% 13,256 7.5%20 - 24 11,227 7.1% 11,781 7.3% 11,838 6.7%25 - 34 24,796 15.8% 26,113 16.1% 28,779 16.3%35 - 44 20,129 12.8% 20,278 12.5% 21,878 12.4%45 - 54 17,572 11.2% 17,665 10.9% 17,940 10.1%55 - 64 12,471 7.9% 13,508 8.3% 15,488 8.8%

65 - 74 6,152 3.9% 6,821 4.2% 8,986 5.1%75 - 84 3,385 2.2% 3,498 2.2% 4,040 2.3%

85+ 1,155 0.7% 1,268 0.8% 1,479 0.8%Census 2010 2012 2017

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 138,515 88.1% 142,090 87.5% 152,044 85.9%Black Alone 2,612 1.7% 2,763 1.7% 3,270 1.8%American Indian Alone 823 0.5% 1,058 0.7% 1,464 0.8%Asian Alone 3,128 2.0% 3,310 2.0% 3,914 2.2%Pacific Islander Alone 773 0.5% 826 0.5% 1,071 0.6%Some Other Race Alone 6,471 4.1% 6,898 4.2% 8,403 4.7%Two or More Races 4,867 3.1% 5,374 3.3% 6,760 3.8%

Hispanic Origin (Any Race) 16,152 10.3% 17,261 10.6% 21,357 12.1%Data Note: Income is expressed in current dollars.

August 23, 2013

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