great bridge shopping center - loopnet · 2018. 9. 18. · ged or alternative credential 223 4.7%...

237 SOUTH BATTLEFIELD BOULEVARD | CHESAPEAKE, VIRGINIA

Great Bridge Shopping CenterFOR LEASE

Natalie Hucke

Senior Vice President+1 757 217 [email protected]

Kevin O’Keefe

Senior Vice President+1 757 217 [email protected]

CONTACT US

FORMER TUESDAY MORNING: 7,342 SF BACK ON MARKET

www.cbre.us/norfolk

JOINING GREAT BRIDGE SHOPPING CENTER FALL 2018!

PROPERTY INFOPROPERTY DESCRIPTION

Great Bridge Shopping Center is a top performing, established Kroger (opening Fall 2018) anchored center at the most high profile intersection in the Great Bridge submarket of Chesapeake, Virginia. Great Bridge is an area of strong residential and retail growth with some of the highest income demographics in Hampton Roads.

ADDRESS

237 S. Battlefield Blvd. :: Chesapeake, Virginia

SHOPPING CENTER SIZE+/- 100,000 SF

KEY RETAILERS

Kroger, Chili’s, Panera Bread, Hallmark, Edible Arrangements, Subway, Moe’s Southwestern Grill, Tuesday Morning, Cato, Dollar Tree, Little Caesars Pizza, Virginia ABC, Tropical Smoothie Cafe, 1000 Degrees Pizza

2018 Demographics

1-Mile 3-Mile 5-Mile

Population 6,755 69,911 127,405

Average HH Income $90,972 $107,421 $101,825

Daytime Population 9,354 57,351 118,762

DEMOGRAPHICS

www.cbre.us/norfolk



SPACE AVAILABLEUnit 2 (Former Tuesday Morning) : 7,342 SF

Unit 17a : 1,062 SF

© 2018 CB Richard Ellis of Virginia, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.

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Tenant Unit SF

Chilli’s 1 7,280

AVAILABLE 2 7,342

Ann’s Hallmark 3 4,800

Battlefield Shoe Repair 4 900

Cigar Shop 5 900

Lou’s Hot Dogs 6 1,200

Tropical Smoothie Cafe 7 1,200

Overton’s Coin Laundry 8 1,500

Refreshed 9 1,800

Tuesday Morning 10 13,230

Little Caesar’s Pizza 11 1,700

Banfield Pet Hospital 12 2,950

Dollar Tree 13 11,250

Panera Bread 14a 4,500

Kagura 14b 4,225

Cato 14c 4,232

1000 Degree Pizza 14d 2,146

GameStop 14f 2,000

Grand Slam 14g 12,865

Maintenance 14h 3,811

Virginia ABC 15 2,856

Bonnie’s Barber Shop 16 450

AVAILABLE 17a 1,062

LA Nails 17b 900

K-9 17c 1,740

Allstate Insurance 18a 935

Taste of China 18b 1,200

Faye’s House of Beauty 19 900

Subway 20 1,200

Edible Arrangements 21 828

IN8 Chiropractic 22 900

Sun Resorts 23 1,155

Moe’s Southwest Grill 24 2,195

Jackson Hewit Tax Service 25 720

Kroger 26 52,000

Navy Federal ATM 27 400

www.cbre.us/norfolk



www.cbre.us/norfolk



7,342 SF FORMER TUESDAY MORNING SPACE AVAILABLE

www.cbre.us/norfolk



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DEMOGRAPHIC PROFILE

237 BATTLEFIELD BLVD S 1 MILE 3 MILES 5 MILES

2018 Businesses 413 1,868 4,101

2018 Employees 6,688 27,102 61,734

2018 Population - Current Year Estimate 6,755 69,911 127,405

2023 Population - Five Year Projection 6,982 74,465 137,025

2010 Population - Census 6,354 63,884 110,315

2000 Population - Census 6,280 58,113 96,169

2010-2018 Annual Population Growth Rate 0.74% 1.10% 1.76%

2018-2023 Annual Population Growth Rate 0.66% 1.27% 1.47%

2018 Population 6 ,755 69 ,911 127 ,405

Age 0-4 301 4.5% 3,518 5.0% 7,071 5.6%

Age 5-9 328 4.9% 4,154 5.9% 7,986 6.3%

Age 10-14 378 5.6% 4,796 6.9% 8,855 7.0%

Age 15-19 466 6.9% 4,717 6.7% 8,234 6.5%

Age 20-24 500 7.4% 4,065 5.8% 7,396 5.8%

Age 25-29 583 8.6% 4,571 6.5% 8,800 6.9%

Age 30-34 535 7.9% 4,612 6.6% 8,937 7.0%

Age 35-39 479 7.1% 4,473 6.4% 8,742 6.9%

Age 40-44 437 6.5% 4,461 6.4% 8,299 6.5%

Age 45-49 462 6.8% 5,196 7.4% 9,064 7.1%

Age 50-54 489 7.2% 5,645 8.1% 9,624 7.6%

Age 55-59 487 7.2% 5,848 8.4% 9,899 7.8%

Age 60-64 391 5.8% 4,711 6.7% 8,225 6.5%

Age 65-69 316 4.7% 3,444 4.9% 6,213 4.9%

Age 70-74 229 3.4% 2,321 3.3% 4,153 3.3%

Age 75-79 152 2.3% 1,445 2.1% 2,563 2.0%

Age 80-84 110 1.6% 927 1.3% 1,641 1.3%

Age 85 and Older 111 1.6% 1,007 1.4% 1,704 1.3%

2018 Median Age 38.0 40.1 38.7

2018 Population 6 ,755 69 ,911 127 ,405

Generation Alpha (Born 2017 or Later) 121 1.8% 1,363 2.0% 2,761 2.2%

Generation Z (Born 1999-2016) 1,352 20.0% 15,822 22.6% 29,385 23.1%

Millennials (Born 1981-1998) 1,911 28.3% 15,940 22.8% 30,424 23.9%

Generation X (Born 1965-1980) 1,477 21.9% 15,936 22.8% 28,492 22.4%

Baby Boomers (Born 1946-1964) 1,442 21.4% 16,660 23.8% 28,993 22.8%

Greatest Generations (Born 1945 or Earlier) 453 6.7% 4,189 6.0% 7,351 5.8%

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri Page 1 ProjectID:359405

PLACE OF WORK

POPULAT ION

A G E

GENERAT IONS

www.cbre.us/norfolk



DEMOGRAPHIC PROFILE


2018 Population 6 ,755 69 ,911 127 ,405White 5,011 74.2% 52,175 74.6% 85,040 66.7%Black or African American 1,178 17.4% 10,934 15.6% 26,925 21.1%Asian 219 3.2% 2,998 4.3% 7,509 5.9%American Indian or Alaska Native 16 0.2% 220 0.3% 467 0.4%Pacific Islander 18 0.3% 69 0.1% 118 0.1%Other Race 77 1.1% 739 1.1% 1,810 1.4%Two or More Races 235 3.5% 2,775 4.0% 5,536 4.3%

Hispanic 382 5.7% 4,054 5.8% 8,177 6.4%White Non-Hispanic 4,801 71.1% 49,709 71.1% 80,406 63.1%

2018 Population 25 and Over 4 ,782 48 ,660 87 ,864Less than 9th Grade 71 1.5% 496 1.0% 1,119 1.3%9-12th Grade - No Diploma 290 6.1% 1,751 3.6% 3,222 3.7%High School Diploma 1,109 23.2% 8,480 17.4% 15,318 17.4%GED or Alternative Credential 223 4.7% 1,847 3.8% 3,148 3.6%Some College - No Degree 1,077 22.5% 11,451 23.5% 20,805 23.7%Associate`s Degree 542 11.3% 5,147 10.6% 9,574 10.9%Bachelor`s Degree 883 18.5% 12,050 24.8% 21,720 24.7%Graduate or Professional Degree 587 12.3% 7,438 15.3% 12,958 14.7%

2018 Population 6 ,755 69 ,911 127 ,405Males 3,643 53.9% 34,402 49.2% 62,134 48.8%Females 3,112 46.1% 35,509 50.8% 65,272 51.2%

2018 Population 15+ 5 ,747 57 ,443 103 ,494Never Married 1,874 32.6% 15,932 27.7% 29,043 28.1%Married 3,016 52.5% 33,722 58.7% 59,869 57.8%Widowed 272 4.7% 2,447 4.3% 4,590 4.4%Divorced 585 10.2% 5,342 9.3% 9,992 9.7%

2018 Civi l ian Population 16+ in Labor Force 3 ,007 35 ,728 65 ,6322018 Employed Civilian Population 16+ 2,884 95.9% 34,266 95.9% 63,130 96.2%2018 Unemployed Population 16+ 123 4.1% 1,462 4.1% 2,501 3.8%

2018 Employed Civi l ian Population 16+ 2 ,884 34 ,266 63 ,130White Collar 1,903 66.0% 23,992 70.0% 43,715 69.2%Services 378 13.1% 4,440 13.0% 8,518 13.5%Blue Collar 604 20.9% 5,835 17.0% 10,900 17.3%


RACE AND ETHNIC ITY

EDUCAT ION

GENDER

MAR ITAL STATUS

EMPLOYMENT STATUS

CLASS OF WORKER

www.cbre.us/norfolk



DEMOGRAPHIC PROFILE


2018 Daytime Population 9 ,354 57 ,351 118 ,762Daytime Workers 6,301 67.4% 23,573 41.1% 57,563 48.5%Daytime Residents 3,053 32.6% 33,778 58.9% 61,199 51.5%

2018 Households - Current Year Estimate 2,124 24,555 45,9372023 Households - Five Year Projection 2,205 26,136 49,4542010 Households - Census 2,032 22,552 39,8132000 Households - Census 2,083 19,737 33,461

2010-2018 Annual Household Growth Rate 0.54% 1.04% 1.75%2018-2023 Annual Household Growth Rate 0.75% 1.26% 1.49%

2018 Average Household Size 2.76 2.78 2.74

2018 Households 2 ,124 24 ,555 45 ,937Under $15,000 127 6.0% 1,338 5.5% 2,428 5.3%$15,000-$24,999 137 6.5% 873 3.6% 1,955 4.3%$25,000-$34,999 127 6.0% 1,266 5.2% 2,563 5.6%$35,000-$49,999 215 10.1% 2,191 8.9% 4,391 9.6%$50,000-$74,999 382 18.0% 3,866 15.7% 7,971 17.4%$75,000-$99,999 413 19.4% 4,072 16.6% 7,856 17.1%$100,000-$149,999 439 20.7% 6,051 24.6% 10,662 23.2%$150,000-$199,999 155 7.3% 2,466 10.0% 4,186 9.1%$200,000 and Over 129 6.1% 2,431 9.9% 3,927 8.6%

2018 Average Household Income $90,972 $107,421 $101,8252023 Average Household Income $105,653 $123,291 $116,7682018 Median Household Income $78,286 $90,102 $84,7092023 Median Household Income $85,232 $100,116 $93,0752018 Per Capita Income $31,558 $38,459 $37,0402023 Per Capita Income $36,291 $44,033 $42,459

2018 Owner Occupied Housing Units 1 ,393 18 ,243 32 ,004Under $50,000 26 1.9% 168 0.9% 673 2.1%$50,000-$99,999 10 0.7% 71 0.4% 265 0.8%$100,000-$149,999 22 1.6% 328 1.8% 796 2.5%$150,000-$199,999 106 7.6% 1,371 7.5% 2,813 8.8%$200,000-$249,999 244 17.5% 2,041 11.2% 4,378 13.7%$250,000-$299,999 326 23.4% 3,293 18.1% 5,780 18.1%$300,000-$399,999 417 29.9% 6,059 33.2% 9,166 28.6%$400,000-$499,999 115 8.3% 2,528 13.9% 4,142 12.9%$500,000-$749,999 124 8.9% 1,983 10.9% 3,090 9.7%$750,000-$999,999 3 0.2% 314 1.7% 651 2.0%$1,000,000-$1,499,999 1 0.1% 72 0.4% 209 0.7%$1,500,000-$1,999,999 0 0.0% 14 0.1% 17 0.1%$2,000,000 and Over 0 0.0% 0 0.0% 23 0.1%

2018 Median Value of Owner Occ. Housing Units $294,325 $330,517 $314,1452018 Average Value of Owner Occ. Housing Units $320,176 $358,630 $347,425


DAYT IME POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING VALUE

www.cbre.us/norfolk



DEMOGRAPHIC PROFILE

237 BATTLEFIELD BLVD S

NAME LATITUDE LONGITUDE

237 BATTLEFIELD BLVD S 36.715959 -76.2373215

©2018 CBRE. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are forexample only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the propertyfor your needs. Source: Esri ProjectID:359405

www.cbre.us/norfolk



great bridge shopping center - loopnet · 2018. 9. 18. · ged or alternative credential 223 4.7%...

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