FILE PHOTO. NOT REPRESENTATIVE OF THE SUBJECT SITE
OFFERING MEMORANDUM
New 15 Year NNN Lease
LAFAYETTEINDIANA
CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective 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. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.
SPECIAL COVID-19 NOTICEAll potential buyers are strongly advised to take advantage of their opportunities and obligations to conduct thorough due diligence and seek expert opinions as they may deem necessary, especially given the unpredictable changes resulting from the continuing COVID-19 pandemic. Marcus & Millichap has not been retained to perform, and cannot conduct, due diligence on behalf of any prospective purchaser. Marcus & Millichap’s principal expertise is in marketing investment properties and acting as intermediaries between buyers and sellers. Marcus & Millichap and its investment professionals cannot and will not act as lawyers, accountants, contractors, or engineers. All potential buyers are admonished and advised to engage other professionals on legal issues, tax, regulatory, financial, and accounting matters, and for questions involving the property’s physical condition or financial outlook. Projections and pro forma financial statements are not guarantees and, given the potential volatility created by COVID-19, all potential buyers should be comfortable with and rely solely on their own projections, analyses, and decision-making.
NON-ENDORSEMENT NOTICEMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.
AlbanyAttica
Aurora
Austin
Batesville
Berne
Bicknell
Bloomfield
Bremen
Brookville
Brownstown
Butler
Cambridge City
Cannelton
Centerville
Chandler
Chesterfield
Cicero
Corydon
Covington
CumberlandDanville
De Motte
Delphi
Dunkirk
Edgewood
Edinburgh
Ellettsville
Fairmount
Ferdinand
Fishers
Flora
Fort Branch
Fortville
Fowler
Frankton
French Lick
Garrett
Greendale
Greentown
Grissom AFB
Hanover
Hebron
Hope
Indian Heights
Jasonville
Jonesboro
Knightstown
Knox
Lagrange
Lawrenceburg
Ligonier
Long Beach
Loogootee
Middletown
Mitchell
Nappanee
New Chicago
New Whiteland
Newburgh
Oakland City
Orleans
Paoli
Pendleton
Petersburg
Porter
Rensselaer
Rising Sun
Rockport
Rockville
Sellersburg
Sheridan
Simonton Lake
Southport
Spencer
St. John
Sullivan
Syracuse
Trail Creek
Union City
Upland
Veedersburg
Walkerton
West Terre Haute
Westfield
Westville
Winamac
Winona Lake
Yorktown
Zionsville
Alexandria
Angola
Auburn
Bluffton
Boonville
Brazil
Brownsburg
Cedar Lake
Charlestown
Chesterton
Clinton
Columbia City
Decatur
Dunlap
Dyer
Gas City
Greencastle
Greensburg
Hartford City
Huntingburg
Jasper
Kendallville
Linton
Lowell
Monticello
Mooresville
Mount Vernon
New Haven
North Manchester
North Vernon
Oak Park
Plainfield
Plymouth
Portland
Princeton
Rochester
Rushville
Salem
Scottsburg
South Haven
Tell City
Tipton
Whiting
Winchester
Columbus
East Chicago
Elkhart
Highland
Kokomo
Lafayette
Lawrence
Marion
Merrillville
Michigan City
Mishawaka
New Albany
Portage
Richmond
Bedford
Beech Grove
Carmel
Clarksville
Connersville
Crawfordsville
Crown Point
ElwoodFrankfort
Franklin
Goshen
Greenfield
Greenwood
Griffith Hobart
Huntington
Jeffersonville
La Porte
Lake Station
Lebanon
Logansport
Madison
Martinsville
Munster
New Castle
Noblesville
Peru
Schererville
Seymour
Shelbyville
Speedway
Valparaiso
Vincennes
Wabash
Warsaw
Washington
West Lafayette
Evansville
Fort Wayne
Gary
South Bend
Anderson
Bloomington
Hammond
Muncie
Terre Haute
Indianapolis
11
127
135
135
15
15
15
1818
2
25
25
25
25
29
29
3
3
3
3
3
3232
327
37
37
37
37
37
37
37
37
37
38
3838
43
45
46
46
46
46
46
54
56
57
57
57
62
62
62
62
6262
63
63
66
66
67
67
67
67
67
7
7
9
9
9
9
9
9
9
136
136
150
150
150
20
2020
20
224224
231
231
231
231
231
231
231
231
231
231
24
24
24
24 24
27
27
27
27
30
30
30
30
30
31
31
31
31
31
31
31
31
33
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33
35
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35
35
35
36
36
36
36
36
40
40
40
40
40
41
41
41
41
41
41
41
41
41
41
421
421
421
421
421
421
50
50
50
50
5050
52
52
52
52
52
6
666
164
64
64
64
64
65
65
65
65
65
65
69
69
69
69
70
70
70
70
74
74
74
74
74
80
80
8080
94
Why buy a Caliber Collision? ..............................4
Investment Highlights.........................................5
Investment Summary .........................................7
Investment Highlights (Con’t) .............................8
Aerial Maps ..............................................10 & 11
Tenant Summary ..............................................12
MACRS Depreciation .........................................16
Site Plan ..........................................................17
Location Overview ............................................19
Location Highlights ...........................................20
Location Map ...................................................21
Demographics ..................................................22
TABLE OF CONTENTS
LaFayette
WHY BUY A CALIBER COLLISION?
WHY BUY A CALIBER COLLISION? ❖ Caliber is the largest and one of the most profitable players in the
industry with auto insurance driven contracts as a steady feeder of inventory
❖ Recession, e-commerce and pandemic resistant offering a stable market demand, as long as there are cars on the road, there will be a need for body work
❖ Caliber has ever growing partnerships with various local and nationally known auto dealerships
❖ Repeatedly out performs competitors across key performance metrics
❖ Brand recognition, thereby creating a level of consumer confidence
CRITICAL LINK BETWEEN INSURANCE CARRIERS & CALIBER CUSTOMERS
❖ Insurance companies control approximately 80% of all industry volume, and customer repair experience drives policy retention
❖ Insurance carriers offer guaranteed work satisfaction on repairs, Caliber’s network supports guaranteed work, reinforcing client retention and consumer satisfaction
❖ The marriage between Caliber’s mission supports a continued marriage between them and insurance partners
40 STATES
1,200+ LOCATIONS
4
INVESTMENT HIGHLIGHTSThis renovated site is the new home to a 15 year NNN lease Caliber Collision that commenced in September 2020. This corporate guaranteed lease offers a passive investor a true sleep at night investment opportunity, with no landlord responsibilities and 10% rent bumps every 5 years to hedge against inflation. The lease also calls for two 5-year options after the base term.
It is an infill location with minimal national auto body competition. The nearest Caliber is located 53 miles to the southeast of the site. The location is strategic in that it lends itself to strong daytime population being its proximity to the areas biggest employer Catepillar manufacturing and Distribution center.
Rent bumps hedge against inflation.
Densely populated community with over
143,098 residents within five miles of the site
NNNNew 15 Year Absolute
Net Lease (Zero Landlord Responsibilities) Featuring
10% Rental Increases Every 5 Years.
ABRA Merger with Caliber Collision, created a Leading
Collision Repair Chain of more than 1,200 locations in 40 States, operated under the Caliber Brand. ABRA is a Leading Vehicle Damage Repair Provider in the U.S.
Dominant Leadership: Hellman & Friedman,
Private Equity Firm with Over $25 Billion of Total Assets,
they are majority owners after merger.
Hellman & Friedman
ABSOLUTE
5
ACTUAL SITE
6
O V E R V I E WPrice $4,108,522
Gross Leasable Area (GLA) 17,787 SF
Lot Size 1.56 Acres
Net Operating Income $236,240
CAP Rate 5.75%
Year Built Renovated 2020
L E A S E A B S T R A C T
Lease Type NNN
Lease Term 15 Years
Lease Start 9/1/2020 (est)
Lease Expiration 9/1/2035 (est)
Renewal Options 2x5
Increases 10% Every 5-Years
Landlord Obligation None At All
A N N U A L I Z E D O P E R AT I N G D ATALease Term Annual Rent
1-5 $236,240
6-10 $259,864
11-15 $285,850
Option 1 $314,435
Option 2 $345,878
405 FARABEE DR S, LAFAYETTE, IN 47905
PRICE: $4,108,522 CAP: 5.75% RENT: $236,240
INVESTMENT SUMMARY
F I N A N C I N GDown Payment $1,232,555
LTV 70%
Interest Rate 3.53%
Amortization 30 Years
Term 10 Years
Debt Service $155,551
ROI $80,689 (6.55%)
Prepayment Penalty None
Recourse Yes
7
INVESTMENT HIGHLIGHTS t Newly Renovated for Caliber (2020) Freestanding Building
located in Lafayette, Indiana
t Corporately Guaranteed 15-Year Lease with two, 5-Year Options and 10% Bumps every 5 years
t No Landlord Responsibilities: Tenant responsible for making all repairs to the building and site
t Limited national competition in immediate area, with nearest Caliber located 50+ miles away
t Strategically located adjacent to the areas largest employer, Caterpillar Large Engine Center
6,333 VPD
143,098TOTAL POPULATION WITHIN 5-MILE RADIUS
$67,106AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS
- FARABEE DR
19,256 VPD - SOUTH STREET
8
FILE PHOTO. NOT REPRESENTATIVE OF THE SUBJECT SITE
9
Oerlikon Fairfield Manufacturing Plant
Jefferson High School
Self Storage Facility
Franciscan Hospital Campus
American Freight
SOUTH STREET – 19,265 VPDSOUTH STREET – 19,265 VPD
Oakland Elementary
Murdock Elementary
Lafayette Sunnyside Intermediate School
FARABEE DR – 6,333 VPD
FARABEE DR – 6,333 VPD
SAG
AM
ORE PK
WY S – 28,437 V
PDSA
GA
MO
RE PKW
Y S – 28,437 VPD
I-65I-65
McDonald’sMcDonald’s
Arconic Manufacturing
Plant
Wabash National Manufacturing Plant
10
SOUTH STREET – 19,265 VPDSOUTH STREET – 19,265 VPD
FARA
BEE DR – 6,333 V
PDFA
RABEE D
R – 6,333 VPD
SAG
AM
ORE PK
WY S – 28,437 VPD
SAG
AM
ORE PK
WY S – 28,437 VPD
tm
Kirby Risk Service Center
Wabash National - North Plant
Wabash National - Learning Center
Duncan Supply Company
Rent-a-Car
Fazoli’s
Cars To Go Dealership
Sign Art Etc
Denny’s Body Shop
Worwag Coatings Industries
Local Retailers
Satellite Auto Glass
Culligan Dist Center
Auto Stereo Store
Gerber Collision & Glass
Jimmy John’s
11
CALIBER COLLISION OMERS has been the parent company for Caliber Collision since 2013. Once the merger with Abra took place in February 2019, Hellman & Friedman became the majority ownership, with Omer being minority shareholder.
OMERS Private Equity (Toronto, Canada & Lewisville, Texas): A Worldwide company. OMERS Private Equity has been making private equity investments since 1987 on behalf of OMERS, one of Canada’s largest pension plans with in excess of $60.8 billion of assets. They manage over $6.5 billion of investments globally. Being part of a pension fund has its advantages. It affords the ability to focus on investing in businesses for long-term value creation rather than near-term earnings. Capital is readily available eliminating the need to fundraiser. It also provides the opportunity to leverage the relationships of the other investment entities and resources of OMERS.
OMERS bought Caliber Collision repair services in November 2013. Caliber is one of the largest independent provider of auto collision repair services in the United States with a network of 157 collision centers located in California, Texas, Arizona, Nevada, Oklahoma, and Colorado. The Company has approximately 3,700 employees and repairs more than 450,000 vehicles annually.
OMERS Administrative Corp – Standard & Poor’s AA+ Rated
Moody’s Rated B2
TENANT SUMMARY
LEWISVILLE, TXHEADQUARTERS
OWNERSHIP INDUSTRY
LOCATIONSFOUNDED
AUTOMOTIVE
1,2001997
PRIVATE
ANNUAL REVENUE (EST)
$4 Bil
PRESIDENT/COO
MARK SANDERS
CALIBER COLLISION
12
OWNERSHIP BREAKDOWN
SubsidiariesCaliber Bodyworks of Arizona, Inc.
Caliber Bodyworks of Colorado, Inc.Caliber Bodyworks of DC, Inc.
Caliber Bodyworks of Delaware, Inc.Caliber Bodyworks of Florida, Inc.Caliber Bodyworks of Georgia, Inc.
Caliber Bodyworks of Maryland, Inc.Caliber Bodyworks of Nevada, Inc.
Caliber Bodyworks of New Jersey, Inc.Caliber Bodyworks of New Mexico, Inc.
Caliber Bodyworks of North Carolina, Inc.Caliber Bodyworks of Oklahoma, Inc.
Caliber Bodyworks of Pennsylvania, Inc.Caliber Bodyworks of South Carolina, Inc.
Caliber Bodyworks of Texas, Inc.Caliber Bodyworks of Virginia, Inc.
Caliber Bodyworks of West Virginia, Inc.CLCH Automotive Service LLCService First Automotive LLC
Protech Electronics, LLC
Moody’s credit rating
B2
S&P’s credit rating
B
Wand Newco 3, Inc Guarantor of Lease
Wand Caliber Holdings, Inc
CH Holding Corp
Collision AcquisitionHolding Company LP
Caliber Holdings Corporation**
Subsidiaries*ABRA Auto Body & Glass LLCABRA Auto Body & Glass LP
ABWAY, LLCABRA Franchise Services LP
ABRA Automotive Services LP
CALIBER COLLISION CENTERSCaliber Collision Centers is the largest collision repair company in America with more than 1,200 I-CAR Gold Class Professional certified collision repair centers across 40 states. Caliber is consistently ranked among the highest in customer satisfaction in the industry and backs all repair work with a written, lifetime warranty available at any of its repair centers. The company repairs more than 450,000 vehicles annually. Caliber Collision has undergone rapid recent growth by aggressively acquiring various local autobody repair shops. Caliber Collision has developed strategic partnerships with 57 car dealerships throughout the U.S. in addition to 34 insurance carriers, which include AAA, GEICO, Farmers, Liberty Mutual, Allstate, and USAA.
❖ Caliber has strategic partnerships with 57 car dealerships throughout the US
❖ Caliber has contracted with 34 insurance carriers
AMERICA’S LARGEST COLLISION REPAIR COMPANY
1,200LOCATIONS IN 40 STATES
$4+ BillionAPPROXIMATE ANNUAL REVENUE IN 2019
450,000+VEHICLES REPAIRED ANNUALLY
QUALIFIES FOR ACCELERATED DEPRECIATION
NATION’S LARGEST COLLISION REPAIR COMPANY
GROWING MULTI-BILLION DOLLAR INDUSTRY
ABSOLUTE INTERNET PROOF INVESTMENT
#1
* Omers minority shareholder** Hellman & Friedman - majority ownership via merger with Abra 2/2019 13
ACTUAL SITE
14
“CALIBER MAJORITY OWNERSHIP VIA MERGER WITH ABRA”
HELLMAN & FRIEDMAN ❖ One of the most experienced and successful investment
organizations in the private equity industry ❖ Founded in 1984, H&F has raised over $35 billion
of committed capital and invested in more than 80 companies
❖ H&F is currently investing out of its seventh fund with more than $8.9 billion of committed capital
❖ Offices in San Francisco, New York and London with more than ~50 investment professionals
❖ Investment philosophy focused on businesses with strong, defensible franchises and predictable revenue and earnings growth which generate attractive returns on the capital
❖ Strong investment experience across distribution and consumer-oriented businesses
❖ Acquired Grocery Outlet with 3rd generation Read family Co-CEOs in October 2014
HELLMAN & FRIEDMAN
SAN FRANCISCO, CAHEADQUARTERS
OWNERSHIP
NO. OF COMPANIES OWNED IN PORTFOLIO
FOUNDED
581984
PRIVATETOTAL ASSETS
$25 BILLION
WEBSITE
HF.COM
HELLMAN & FRIEDMAN
15
MACRS DEPRECIATION (MODIFIED ACCELERATED COST RECOVERY SYSTEM)
t MACRS allows for greater accelerated depreciation over longer time periods
t Deduct greater amounts during the first few years of an asset’s life, and relatively less later
t Any property that is being depreciated can elect the MACRS accounting and do a cost segregation
t Take advantage of the new 100% bonus depreciation rules that started in 2018
t Greatly reduce recapture on projects with rehab, renovation or capital expenditures
COST SEGREGATION BENEFITSCost segregation identifies personal property (generally 5- or 7-year recovery), land improvements (generally 15-year recovery), and other short-lived properties that have been erroneously classified as building property (39- or 27.5-year recovery), which can result in cost savings.
Subject property qualifies for tax savings via accelerated depreciation via cost segregation.
Call today to see if cost segregation is right for you!
KIMBERLY LOCHRIDGEExecutive Vice President(971) 213-8686Klochridge@engineeredtaxservices.comwww.EngineeredTaxServices.com
* INFORMATION SECURED FROM SOURCES WE BELIEVE TO BE RELIABLE. ALL INVESTORS UNDERSTAND BROKER IS NOT QUALIFIED TO PROVIDE TAX ADVICE AND THAT SUCH ADVICE MUST BE CONFIRMED FROM AN ACCOUNTANT OR TAX PROFESSIONAL.
16
FARABEE DRIVE
SITE PLAN
17
ACTUAL SITE
18
LAFAYETTE, INDIANALafayette, Indiana is located 63 miles northwest of Indianapolis and 105 miles southeast of Chicago. West Lafayette on the other side of the Wabash River, is home to the prestigious Purdue University, which contributes significantly to both communities. Purdue University is located just 4 miles from the subject site.
The university and its businesses employ the largest portion of the Lafayette workforce. However, private industry and commerce independent of the university also exist in the community, with multiple large manufacturing operations in the city employing thousands of workers. Some notable examples include Caterpillar, Subaru of Indiana Automotive (producer of Subaru vehicles located just 6 miles from the subject site), and Cargill, a soybean oil mill.
The region is a growing residential and manufacturing community, and is located just northwest of Indianapolis with a strong daytime population.
LOCATION OVERVIEW
Purdue University
19
Indianapolis
FrankfortMunicipal Airport
HendricksCounty Airport
Boone CountyAirport
IndianapolisMetropolitan
Airport
WestfieldAirport
SheridanAirport
IndianapolisExecutive Airport
Eagle CreekAirpark
IndianapolisInt'l Airport
IndianapolisRegional Airport
Post AirAirport
CrawfordsvilleMunicipal Airport
DelphiMunicipal
Airport
PurdueUniversity
Airport
KokomoMunicipal
Airport
65
65 74
74
74
70
70
465
465
69
865
31
31
421
421
421
421
231
231
52
52
52
52
36
36
3636
40
40
40
35
61 miles from Indianapolis, IN
LOCATION HIGHLIGHTS
LAFAYETTE, INDIANA
M A J O R E M P L O Y E R SL A FAY E T T E , I N D I A N A
Purdue University 18,585
Subaru (SIA) 5,600
Wabash National 3,200
Franciscan-St. E Health 2,100
IU Health Arnett 1,808
Caterpillar 1,800
Lafayette School Corp. 1,250
Tippecanoe School Corp. 1,015
Arconic, Inc. 950
Strong economic and residential growth in the
immediate area
Strategically located in the heart of the
region’s industrial corridor
Strategically located near several large employers,
drawing traffic to the area
No national auto body competition in the region
52
65
Eastwich
Tecumseh
COLUMBIANPARK
MURDOCKPARK
MUNGERPARK
CAT PARK &SOCCER FIELDS
TIPPECANOECOUNTY
FAIRGROUNDS
MCCAWPARK
LYBOULTSPORTS PARK
HANNAPARK
CENTENNIALPARK
RESTHAVENMEMORIAL PARK
GREENBUSHCEMETERY
ST JOSEPHCEMETERY
LAFAYETTECOUNTRY CLUB
FRANCISCANHEALTH
LAFAYETTE EAST
Sagamore Pkw
y S
South St
Saga
mor
e Pk
wy
N
Teal Rd
E County Road 50 N
Frontage Rd
Shady Creek Dr
Vermont D
r
Foxwood Dr
Prom
ise Ln
Mercedes Ln
Emerald Dr
Cre s
t
Dr
Con cor d R
d
S 9th St
S 1 8t h St Iroquois Trl
Bennett Rd
S 30 th St
Sa r asota Dr Se
quoy
a Dr
Edgele a Dr Su
mm
erfie
ld D
r
Mea
dow
Dr
La fayette Dr
Apache Dr
Foxhal l Dr
Winthrop Ave
Oxfor d S t
Shoshone Dr
Davis Dr
Dakota Dr
Summer St
Manitoba D
r
Pueblo Dr
Brothers Dr
McCarty Ln
S Creas y Ln
IN-38 E
Park E ast Bl vd
Lori-Lee Dr
Fairin
gton
Ave
Ke p ner Dr
Farabee Dr
Eas tla nd Dr
Kettle Cir
Julia
Ln
Mez
zanin
e Dr
Amelia Ave
Commerce Dr
Sourgu
m Ln
St Francis Way
Liberty Dr
Sickle Ct
Teal Rd
Kossuth St
Burbry. Dr E
Ham
man St
Hornb
eam
Cir W
Profe
ssio
nal C
t
Land
mark Dr
Dogwood Ln
Burberry Dr
Navco D
rN
avco Dr
Trilliu m L n
Harper Dr
Sting er St
Bayley Dr
Pop
lar L
n
Morland D
r
King
sway
Dr
Retail D r
Vine
yard
Ct
Progress Dr
Fortune Dr
Morris DrTimothy Trl
Daisy Dr
Edward Way Un
ity P
l
Main St
Kossuth St
South St
Union St
S 9th St
S 18t h S tN
18th S t
Columbia St
Canal
Rd
Fann
on D
r
Salem St
N 9th St
Greenbush St
Ferry St
S Ear
l Ave
Erie
St
Elm
wood Ave
Cason St
S 28th St
S 1 4
th S
t
S 14th St
N 1 2t h St
N 12th St
S 29th StS 30th St
S 16th St
S 31st St
S 27th St
N 1
6th
St
Longlois D r
S 20th St
Tippecanoe St
N 11t h St
N 1 4th St
Wallace Ave
Hedg
ewoo
d D
r
N 26 th St
Vinton St
Vinton St
S 21st St
P ark Ave
S 23rd St
Morton St
Congress St
Virginia St
N 3
0 th
St
N Ear l A ve
Adams St
Logan Ave
Brice St
S 15
th S
t
S 15 th St
Brown St
S 10th St
Rainbow Dr
Potomac Ave
Sunrise Ave
North St
Highland A
ve
Oferrall St
N 8th St
Valley St
Meharry St
Center St
Heath St
Perr
in Ave
Franklin St
Scott St
Owen St
Central Ave
E State St
E State St
Perdue St
Warner St
Cre
stvi
ew C
t
Elizabeth St
Shawn
e e A ve
Ashe
r St
Thompson St
Cre
scen
t Dr
Cherokee Ave
S 22nd StS 2 2n d S t
Elpr ado Ave
Howell St
Berk
ley
Rd
Catula A ve
Wayne Ter
N 20th St
Rochester St
Gregory Ave
Rogers St
Cobblestone Ct
Romig St
Lazy Ln
S 26th StS 26th St
S 26th St
Ball St
N 23rd St
Curtis St
Sheri
dan R
d
Gr. St
Lingle Ave
Pierce St
Digby R dJacks
on St
Tink
ler S
t
Parkway Ct
Butler St
Glick St
O a
k
Ct
Bonny Ln
N 28th St
N 28th St
Central St
N 10th S t
N 1
0th
St
S 19th StS 19th St
N 21st S t
S 12th St
Oregon St
Sinton Ave
Maple St
Everett St
Cincinnati St
S 24th St
King St King St
N 15th S t
N 7th St
S 11th S t
S 7th St
N 17 th St
S 6th St
Hartfrd. St
N 22nd St
N 22nd S
t
Wells St
N 6th St
Main St
Mei
jer D
r
Meijer Ct
Union St
N C
reas y Ln
Greenbush St
Shenandoa
h D
r
Rome Dr
Kensington Dr
Courtland A ve
Ta nglewood D
r
N 3
6th
St
Redwood Ln
Kimberly Dr
C ot to
nwoo
d C
ir
Green
w ich Rd
Lodi Ln
Pippin Ln
S Orchard Ct
Amherst Dr
Maplewd. Dr
Navarre Dr
Wes
tridg
e Cir
Hem
lock
Rd
Tularosa Dr
Penbrook Ln
Pine LnB
eaumont D
r
Pasadena Dr
Prange Dr
Baldwin Ave
Exec
utiv
e D
r
Wi n
esap
Dr
Coleman Ct
Union St
Wildcat Creek
20
52
65
Eastwich
Tecumseh
COLUMBIANPARK
MURDOCKPARK
MUNGERPARK
CAT PARK &SOCCER FIELDS
TIPPECANOECOUNTY
FAIRGROUNDS
MCCAWPARK
LYBOULTSPORTS PARK
HANNAPARK
CENTENNIALPARK
RESTHAVENMEMORIAL PARK
GREENBUSHCEMETERY
ST JOSEPHCEMETERY
LAFAYETTECOUNTRY CLUB
FRANCISCANHEALTH
LAFAYETTE EAST
Sagamore Pkw
y S
South St
Saga
mor
e Pk
wy
N
Teal Rd
E County Road 50 N
Frontage Rd
Shady Creek DrVerm
ont Dr
Foxwood Dr
Prom
ise Ln
Mercedes Ln
Emerald DrCre s
t
Dr
Con cor d R
d
S 9th St
S 1 8t h St Iroquois Trl
Bennett Rd
S 30 th St
Sa r asota Dr Se
quoy
a Dr
Edgele a Dr Su
mm
erfie
ld D
r
Mea
dow
Dr
La fayette Dr
Apache Dr
Foxhal l Dr
Winthrop Ave
Oxfor d S t
Shoshone Dr
Davis Dr
Dakota Dr
Summer St
Manitoba D
rPueblo Dr
Brothers Dr
McCarty Ln
S Creas y Ln
IN-38 E
Park E ast Bl vd
Lori-Lee Dr
Fairin
gton
Ave
Ke p ner Dr
Farabee Dr
Eas tla nd Dr
Kettle Cir
Julia
Ln
Mez
zanin
e Dr
Amelia Ave
Commerce Dr
Sourgu
m Ln
St Francis Way
Liberty Dr
Sickle Ct
Teal Rd
Kossuth St
Burbry. Dr E
Ham
man St
Hornb
eam
Cir W
Profe
ssio
nal C
t
Land
mark Dr
Dogwood Ln
Burberry Dr
Navco D
rN
avco Dr
Trilliu m L n
Harper Dr
Sting er St
Bayley Dr
Pop
lar L
n
Morland D
r
King
sway
Dr
Retail D r
Vine
yard
Ct
Progress Dr
Fortune Dr
Morris DrTimothy Trl
Daisy Dr
Edward Way Un
ity P
l
Main St
Kossuth St
South St
Union St
S 9th St
S 18t h S tN
18th S t
Columbia St
Canal
Rd
Fann
on D
r
Salem St
N 9th St
Greenbush St
Ferry St
S Ear
l Ave
Erie
St
Elm
wood Ave
Cason St
S 28th St
S 1 4
th S
t
S 14th St
N 1 2t h St
N 12th St
S 29th StS 30th St
S 16th St
S 31st St
S 27th St
N 1
6th
St
Longlois D r
S 20th St
Tippecanoe St
N 11t h St
N 1 4th St
Wallace Ave
Hedg
ewoo
d D
r
N 26 th St
Vinton St
Vinton St
S 21st St
P ark Ave
S 23rd St
Morton St
Congress St
Virginia St
N 3
0 th
St
N Ear l A ve
Adams St
Logan Ave
Brice St
S 15
th S
t
S 15 th St
Brown St
S 10th St
Rainbow Dr
Potomac Ave
Sunrise Ave
North St
Highland A
ve
Oferrall St
N 8th St
Valley St
Meharry St
Center St
Heath St
Perr
in Ave
Franklin St
Scott St
Owen St
Central Ave
E State St
E State St
Perdue St
Warner St
Cre
stvi
ew C
t
Elizabeth St
Shawn
e e A ve
Ashe
r St
Thompson St
Cre
scen
t Dr
Cherokee Ave
S 22nd StS 2 2n d S t
Elpr ado Ave
Howell St
Berk
ley
Rd
Catula A ve
Wayne Ter
N 20th St
Rochester St
Gregory Ave
Rogers St
Cobblestone Ct
Romig St
Lazy Ln
S 26th StS 26th St
S 26th St
Ball St
N 23rd St
Curtis St
Sheri
dan R
d
Gr. St
Lingle Ave
Pierce St
Digby R dJacks
on St
Tink
ler S
t
Parkway Ct
Butler St
Glick St
O a
k
Ct
Bonny Ln
N 28th St
N 28th St
Central St
N 10th S t
N 1
0th
St
S 19th StS 19th St
N 21st S t
S 12th St
Oregon St
Sinton Ave
Maple St
Everett St
Cincinnati St
S 24th St
King St King St
N 15th S t
N 7th St
S 11th S t
S 7th St
N 17 th St
S 6th St
Hartfrd. St
N 22nd St
N 22nd S
t
Wells St
N 6th St
Main St
Mei
jer D
r
Meijer Ct
Union St
N C
reas y Ln
Greenbush St
Shenandoa
h D
r
Rome Dr
Kensington Dr
Courtland A ve
Ta nglewood D
r
N 3
6th
St
Redwood Ln
Kimberly Dr
C ot to
nwoo
d C
ir
Green
w ich Rd
Lodi Ln
Pippin Ln
S Orchard Ct
Amherst Dr
Maplewd. Dr
Navarre Dr
Wes
tridg
e Cir
Hem
lock
Rd
Tularosa Dr
Penbrook Ln
Pine LnB
eaumont D
r
Pasadena Dr
Prange Dr
Baldwin Ave
Exec
utiv
e D
r
Wi n
esap
Dr
Coleman Ct
Union St
Wildcat Creek
21
143,098Total Population
Within 5-Mile Radius
$67,106Average Household Income
Within 5-Mile Radius
$49,341Median Household Income
Within 5-Mile Radius
5 5,257Total Households Within
5-Mile Radius
30.07% From 2000
DEMOGRAPHICS / LAFAYETTE, IN
22
POPULATION 1 MILE 3 MILES 5 MILES2025 Projection 5,906 73,389 143,0982020 Estimate 5,777 70,926 137,193Growth 2020 - 2025 2.24% 3.47% 4.30%2000 Census 5,431 62,146 114,7682010 Census 5,434 65,553 124,299Growth 2000 - 2010 0.04% 5.48% 8.30%
HOUSEHOLDS 1 MILE 3 MILES 5 MILES2025 Projections 2,769 32,478 55,2572020 Estimate 2,702 31,201 52,533Growth 2020 - 2025 2.47% 4.09% 5.19%
2000 Census 2,486 26,881 42,481
2010 Census 2,523 28,442 47,088Growth 2000 - 2010 1.48% 5.81% 10.85%
HOUSEHOLDS BY INCOME (2020 Est.) 1 MILE 3 MILES 5 MILES$200,000 or More 1.78% 2.34% 3.05%
$150,000 - $199,999 0.58% 2.45% 3.64%
$100,000 - $149,999 6.82% 9.71% 11.43%$75,000 - $99,999 11.27% 10.64% 11.68%$50,000 - $74,999 21.17% 20.68% 19.64%$35,000 - $49,999 15.71% 14.26% 12.80%$25,000 - $34,999 16.19% 12.40% 10.47%$15,000 - $24,999 14.36% 12.39% 11.69%$10,000 - $14,999 5.75% 5.52% 5.29%Under $9,999 6.37% 9.60% 10.32% 2020 Est. Average Household Income $55,118 $60,907 $67,106
2020 Est. Median Household Income $42,286 $45,478 $49,341
2020 Est. Per Capita Income $25,925 $27,074 $27,002
POPULATION PROFILE 1 MILE 3 MILES 5 MILES2020 Estimated Population by Age 5,777 70,926 137,193
Under 4 8.1% 6.9% 6.0%5 to 14 Years 12.3% 11.8% 10.9%15 to 17 Years 2.8% 3.1% 3.0%18 to 19 Years 2.0% 2.4% 7.7%20 to 24 Years 8.1% 13.0% 18.6%25 to 29 Years 10.0% 10.2% 8.6%30 to 34 Years 7.6% 7.5% 6.5%35 to 39 Years 5.9% 6.1% 5.4%40 to 49 Years 10.0% 10.4% 9.3%50 to 59 Years 10.6% 10.2% 8.9%60 to 64 Years 5.1% 5.0% 4.2%65 to 69 Years 4.5% 4.3% 3.6%70 to 74 Years 3.5% 3.3% 2.7%Age 75+ 9.3% 5.9% 4.8%
2020 Median Age 34.3 31.6 26.9
2020 Population 25 + by Education Level 3,849 44,521 73,912Elementary (0-8) 3.70% 2.74% 2.07%Some High School (9-11) 9.38% 7.96% 6.11%High School Graduate (12) 33.53% 30.18% 26.53%Some College (13-15) 24.50% 22.62% 20.74%Associates Degree Only 7.58% 7.31% 7.34%Bachelors Degree Only 12.77% 17.62% 20.61%
Graduate Degree 6.84% 10.60% 15.74%
23
FILE PHOTO. NOT REPRESENTATIVE OF THE SUBJECT SITE
LAFAYETTEINDIANA
LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS
SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE
Tel: (818) 212-2730Fax: (818) 212-2710
[email protected]: CA 01267761
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