walgreens pharmacy peru, indiana - deerfield partners · ochsner health system and louisiana state...
TRANSCRIPT
Walgreens Pharmacy
Peru, Indiana• Newerstorewithsalesvolumeswellaboveaverage
• Walgreenshasbeenoperatingatsitefor25years
• Approximately19yearsoffirmleasetermremaining
• Rareopportunitytopurchaseafee-simpleWalgreens
(i.e.dirtandbuilding)forunder$5,000,000
• Walgreenscorporateguarantee(NYSE:WAG)
• Investmentgradecredit(S&PA+;Moody’sAa3)
• NNNleasewithzeromanagementresponsibilities
$4,565,000
6.25%CAPRate
DeerfieldPartnersJohn GiordaniArt Griffith(415)[email protected]
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Price
CAP
AnnualIncome
Debt
$4,565,000
6.25%
$285,285
Free&clear.Manygreatnewloansavailable.Calltodiscuss.
Investment Summary
Lease and Demographic Summary
About This Investment Opportunity
Walgreenshasoperatedhereforover25years.In2006,Walgreenshadthisbuildingconstructedonthesamesitetoconformtotheirnewoperatingstandardofafree-standingbuildingofapproximately15,000squarefeetwithadrive-thruanddedicatedparking.
Prospectiveinvestorscanalsohaveadditionalconfidenceinthislong-terminvestmentbecausethisstorereportssalesvolumesthatexceedthenationalaverage.
Neighboringretailersinclude:AutoZone,RadioShack,DuckwallVarietyStore,Rent-A-Center,andSherwin-WilliamsPaints.
ThenextclosestWalgreensis13milesEastinWabash,Indiana.
None.Leaseistrulytriple-net(NNN).Zerolandlordcostexposure.
720NBroadway
Peru,Indiana
2006
Walgreens(NYSE:WAG)
December1,2006
None
75years
Startinginyear26Tenantmayterminateleaseeveryfiveyears.
Address
City,State
YearBuilt
Tenant
RentStartDate
RentIncreases
LeaseTerm
Options
LandlordResponsibilities
1 Mile 3 Mile 5 Mile
Population 4,755 14,461 20,538
Avg. HH Income $51,421 $51,296 $53,027
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Lease and Demographic Summary
About This Investment Opportunity
AboutWalgreens
FinancialHighlights
Walgreensisthe#1pharmacyinAmericabyanymeasure.Foundedin1901,andtradedontheNewYorkStockExchange(NYSE:WAG),Walgreensoperates7,714storesinall50states,theDistrictofColumbiaandPuertoRico.Walgreensiswidelyregardedasthesafest,mostsecuresingle-tenantNNNleasedinvestmentpropertybecauseofitsstrongbalancesheetandmarketcapitalization.
ForthefiscalyearendedAugust31,2011:
• Grossrevenuewas$72.2Billion
• Netprofitwas$2.7Billion
• Networthwas$14.8Billion
2011 2010 Increase
Net Sales $72,184 $ 67,420 7.1%Net Earnings (1) $ 2,714 $ 2,091 29.8%Net Earnings per Common Share (diluted) (1) $ 2.94 $ 2.12 38.7%Shareholders’ Equity $14,847 $ 14,400 3.1%Return on Average Shareholders’ Equity 18.6% 14.5%Closing Stock Price per Common Share $ 35.21 $ 26.88Total Market Value of Common Stock $ 31,312 $ 25,230Dividends Declared per Common Share $ .7500 $ .5875Average Shares Outstanding (diluted) 924 988
(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc.
Financial HighlightsFor the years ended August 31, 2011 and 2010 (In millions, except per share amounts)
2011 2010 2009 2008 2007
Locations Openings New Locations 261 388 602 608 501 Acquisitions 36 282 89 423 120 Closings 133 120 129 94 85 Net Openings 164 550 562 937 536 Locations (1) 8,210 8,046 7,496 6,934 5,997 Sales Area (2) 85,619 83,719 78,782 72,585 66,386
Product Class Sales Prescription Drugs 65% 65% 65% 65% 65% Non-prescription Drugs (3) 10% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%
(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.
Company Highlights
2011 Walgreens Annual Report Page 1
11100908070605040302
50
40
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10
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0
10
20
30
40
50
Walgreens Fiscal Year Stock PerformanceFiscal year-end closing price per share in dollars
2011 2010 Increase
Net Sales $72,184 $ 67,420 7.1%Net Earnings (1) $ 2,714 $ 2,091 29.8%Net Earnings per Common Share (diluted) (1) $ 2.94 $ 2.12 38.7%Shareholders’ Equity $14,847 $ 14,400 3.1%Return on Average Shareholders’ Equity 18.6% 14.5%Closing Stock Price per Common Share $ 35.21 $ 26.88Total Market Value of Common Stock $ 31,312 $ 25,230Dividends Declared per Common Share $ .7500 $ .5875Average Shares Outstanding (diluted) 924 988
(1) Fiscal year 2011 amounts include a $273 million, or $0.30 per diluted share, after-tax gain on the sale of Walgreens Health Initiatives, Inc.
Financial HighlightsFor the years ended August 31, 2011 and 2010 (In millions, except per share amounts)
2011 2010 2009 2008 2007
Locations Openings New Locations 261 388 602 608 501 Acquisitions 36 282 89 423 120 Closings 133 120 129 94 85 Net Openings 164 550 562 937 536 Locations (1) 8,210 8,046 7,496 6,934 5,997 Sales Area (2) 85,619 83,719 78,782 72,585 66,386
Product Class Sales Prescription Drugs 65% 65% 65% 65% 65% Non-prescription Drugs (3) 10% 10% 10% 10% 10% General Merchandise (3) 25% 25% 25% 25% 25%
(1) Includes drugstores, worksite health and wellness centers, infusion and respiratory services facilities, specialty pharmacies and mail service facilities. (2) In thousands of square feet.(3) Based on store scanning information.
Company Highlights
2011 Walgreens Annual Report Page 1
11100908070605040302
50
40
30
20
10
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0
10
20
30
40
50
Walgreens Fiscal Year Stock PerformanceFiscal year-end closing price per share in dollars
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
2011Milestones
Well at Walgreensdefines what we want customers to experience.
Live well by finding value, fun and solutions for their daily needs.
Stay well by finding the right products for health and daily living.
Get well when they feel ill.
2011 Milestones• Walgreens is the nation’s largest drugstore chain, with
fiscal 2011 sales of $72.2 billion and record profit of $2.7 billion. The Company has 247,000 employees.
• This is the Company’s 37th consecutive year of record sales. It’s also the 36th consecutive year Walgreens has raised its quarterly dividend – paid every quarter since 1933.
• The Company returned $2.4 billion to shareholders through dividends and share repurchases in fiscal 2011, and announced its largest dividend increase ever of 28.6 percent in July, as well as a new $2 billion share repurchase program.
• Walgreens filled a record 819 million prescriptions in fiscal 2011 – one in five retail prescriptions in America. Pharmacy is 65 percent of the Company’s business.
• Advancing its leadership in providing flu shots, Walgreens delivered 6.4 million flu shots last year as the Company continued to serve as the country’s No. 1 provider of flu shots other than the federal government.
• To expand the role Walgreens plays in health care, the Company established important new alliances with top health systems, including Johns Hopkins Medical Center, Ochsner Health System and Louisiana State University, to enhance coordinated care to patients.
• The Company completed its goal set in 2009 to convert or open 5,500 Walgreens stores with its new “Customer Centric Retailing” format, which offers customers a more targeted product assortment, better sight lines and new décor packages.
• Walgreens completed its acquisition of drugstore.com, extending its multi-channel reach to an additional 3 million online customers, forging relationships with new vendors and partners and adding approximately 60,000 health, personal care and beauty products to its online offering.
• The Company announced plans to open or convert at least 1,000 “food oasis” stores over the next five years to address the need for greater access to healthy foods in underserved communities across the country, building on its successful 12-store pilot in Chicago.
• The Company exceeded its “Rewiring for Growth” cost reduction goal of $1 billion in annual savings, concluding its three-year restructuring and cost-saving initiative launched in 2008.
• Walgreens was named to Fortune magazine’s World’s Most Admired Companies list for the 18th consecutive year, and was ranked 32nd on the Fortune 500 list of the largest U.S.-based companies.
About the CoverAlana Bowman and her daughter Sadie in Brandon, Mississippi, enjoy their time together at a local playground. “As a single mom with a full-time career, I’m always looking for ways to save time and money,” she says. Taking advantage of the multiple ways she can access Walgreens, Alana shops Walgreens.com, drugstore.com and Beauty.com websites to find great values on products she regularly uses, like shampoo, cosmetics and contact lens solution. She also visits her local Walgreens for family needs such as prescriptions, school supplies and over-the-counter medications.
Well at Walgreensdefines what we want customers to experience.
Live well by finding value, fun and solutions for their daily needs.
Stay well by finding the right products for health and daily living.
Get well when they feel ill.
2011 Milestones• Walgreens is the nation’s largest drugstore chain, with
fiscal 2011 sales of $72.2 billion and record profit of $2.7 billion. The Company has 247,000 employees.
• This is the Company’s 37th consecutive year of record sales. It’s also the 36th consecutive year Walgreens has raised its quarterly dividend – paid every quarter since 1933.
• The Company returned $2.4 billion to shareholders through dividends and share repurchases in fiscal 2011, and announced its largest dividend increase ever of 28.6 percent in July, as well as a new $2 billion share repurchase program.
• Walgreens filled a record 819 million prescriptions in fiscal 2011 – one in five retail prescriptions in America. Pharmacy is 65 percent of the Company’s business.
• Advancing its leadership in providing flu shots, Walgreens delivered 6.4 million flu shots last year as the Company continued to serve as the country’s No. 1 provider of flu shots other than the federal government.
• To expand the role Walgreens plays in health care, the Company established important new alliances with top health systems, including Johns Hopkins Medical Center, Ochsner Health System and Louisiana State University, to enhance coordinated care to patients.
• The Company completed its goal set in 2009 to convert or open 5,500 Walgreens stores with its new “Customer Centric Retailing” format, which offers customers a more targeted product assortment, better sight lines and new décor packages.
• Walgreens completed its acquisition of drugstore.com, extending its multi-channel reach to an additional 3 million online customers, forging relationships with new vendors and partners and adding approximately 60,000 health, personal care and beauty products to its online offering.
• The Company announced plans to open or convert at least 1,000 “food oasis” stores over the next five years to address the need for greater access to healthy foods in underserved communities across the country, building on its successful 12-store pilot in Chicago.
• The Company exceeded its “Rewiring for Growth” cost reduction goal of $1 billion in annual savings, concluding its three-year restructuring and cost-saving initiative launched in 2008.
• Walgreens was named to Fortune magazine’s World’s Most Admired Companies list for the 18th consecutive year, and was ranked 32nd on the Fortune 500 list of the largest U.S.-based companies.
About the CoverAlana Bowman and her daughter Sadie in Brandon, Mississippi, enjoy their time together at a local playground. “As a single mom with a full-time career, I’m always looking for ways to save time and money,” she says. Taking advantage of the multiple ways she can access Walgreens, Alana shops Walgreens.com, drugstore.com and Beauty.com websites to find great values on products she regularly uses, like shampoo, cosmetics and contact lens solution. She also visits her local Walgreens for family needs such as prescriptions, school supplies and over-the-counter medications.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Rankings&Ratings
FortunemagazineAmerica’sMostAdmiredCompaniespublishedMarch17,2008Walgreensrankedfifthamongfoodanddrugstoresandislistedforthe15thconsecutiveyear.
FortunemagazineGlobalMostAdmiredCompaniespublishedMarch17,2008WalgreensrankedseventhamongfoodanddrugstoresandNo.36amongthe50mostadmiredcompanies.
Fortunemagazine500LargestU.S.-BasedCompaniespublishedMay5,2008Walgreensranked40thoverallinrevenue,thirdamongfoodanddrugstores.
Fortunemagazine40BestStocksToRetireOnpublishedJune23,2008WalgreensmadethelistofrecommendedBargainGrowthstocks.
FortunemagazineGlobal500LargestCompaniespublishedJuly21,2008Walgreensranked125thoverallinrevenue.
ForbesPlatinum400ListpublishedJanuary12,2009WalgreensagainmadethislistofthebestperformingbigcompaniesintheUnitedStates
ForbesGlobal2000publishedApril21,2008Walgreensranked250thonthislistofthe2000largestpubliccompaniesworldwide.
Moody’sWalgreenscurrentratingisA2.
StandardandPoor’sWalgreenscurrentratingisA.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
WalgreensStoresNationwideRECYCLED
ERECYCLED
E
For Our ShareholdersCorporate HeadquartersWalgreen Co.108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2500
Stock Market Listings New York Stock Exchange The NASDAQ Stock Market LLC Chicago Stock Exchange Symbol: WAG
Investor Contacts Rick J. Hans, CFA Divisional Vice President of Investor Relations & Finance (847) 315-2385 [email protected]
Lisa Meers, CFA Manager of Investor Relations (847) 315-2361 [email protected]
Annual Shareholders’ Meeting You are cordially invited to attend the meeting to be held Wednesday, January 11, 2012, at 2 p.m. CST, in the Grand Ballroom, Navy Pier, Chicago, Illinois. Formal notice of the meeting, with proxy card and proxy statement, was sent to all shareholders of record as of November 14, 2011.
Investor InformationAs of September 30, 2011, Walgreens had 84,643 shareholders of record.
Investor information is available at http://investor.walgreens.com. This includes corporate governance guidelines, charters of all committees of the Board of Directors, quarterly reports, press releases, proxy statements, the Company’s Code of Ethics for Financial Executives, Code of Business Conduct and the 2011 Annual Report. These and other reports may also be obtained without charge upon request to:
Shareholder RelationsWalgreen Co. — Mail Stop #1833 108 Wilmot Road Deerfield, Illinois 60015 (847) 315-2922 http://investor.walgreens.com/InvestorKit.cfm
Walgreens has provided certifications by the Chief Executive Officer and Chief Financial Officer regarding the quality of the Company’s public disclosure, as required by Section 302 of the Sarbanes-Oxley Act, on Exhibit 31 to its Annual Report on Form 10-K. Our Chief Executive Officer made an unqualified certification to the New York Stock Exchange with respect to our compliance with NYSE corporate governance listing standards in January 2011.
Electronic Reports To receive proxy statements, annual reports and related materials electronically, refer to the proxy statement sent to shareholders with this annual report. After January 11, 2012, call Nicholas Zangler at (847) 315-2636 or go to http://investor.walgreens.com/InvestorKit.cfm to request electronic delivery.
Quarterly Reporting Dates Quarterly earnings release dates for fiscal 2012 are December 21, March 27, June 26 and September 28. Results are released to the press and posted on the Walgreen website at http://investor.walgreens.com.
Dividend Payment Dates Walgreens pays dividends in March, June, September and December. Checks are customarily mailed on the 12th of each of these months.
Transfer Agent and Registrar For assistance on matters such as lost shares or name changes on shares, please contact:
Wells Fargo Bank, N.A. Shareowner Services 161 North Concord Exchange Street South Saint Paul, MN 55075-1139 www.wellsfargo.com/shareownerservices (888) 368-7346
Direct Stock Purchase Plan Wells Fargo Shareowner Services sponsors and administers a direct stock purchase plan as a convenient method of acquiring Walgreen stock by cash payments, reinvestment of dividends or both. For an information booklet and enrollment form, please call (888) 368-7346. General inquiries to Wells Fargo Bank, N.A. regarding your Walgreen stock should also be directed to (888) 368-7346.
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Walgreens Stores Nationwide
Walgreens Additional Points of Care (as of August 31, 2011):
Infusion and respiratory services facilities 83
Mail-order facilities 2
On-site pharmacies in hospitals and medical centers 137
Specialty pharmacies 9
Take Care Clinics 357
Worksite health and wellness centers 355
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
DrugstoreCount
Revenue
NetIncome
Copyright 2010 Walgreen Co.
C 2011 Walgreen Co. 3
Drugstore CountIncluding Acquired Stores
0
2,000
4,000
6,000
8,000
Dru
gsto
re C
ount
0%
2%
4%
6%
8%
10%
12%
YOY
% G
row
th
New Stores 355 360 344 355 371 465 470 558 554 565
Square Footage (000's) 38,200 42,700 46,700 50,900 55,400 60,600 66,200 73,000 79,000 84,000
YOY % Grow th 13.4% 11.8% 9.4% 9.0% 8.8% 9.4% 9.2% 10.3% 8.2% 6.3%
Drugstores 3,520 3,880 4,224 4,579 4,950 5,415 5,885 6,443 6,997 7,562
YOY % Grow th 11.2% 10.2% 8.9% 8.4% 8.1% 9.4% 8.7% 9.5% 8.6% 8.1%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Copyright 2010 Walgreen Co.
C 2011 Walgreen Co. 5
Revenue
0
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
Rev
enue
($ in
Milli
ons)
0%
5%
10%
15%
20%
YOY
% G
row
th
Revenue 24,623 28,681 32,505 37,508 42,202 47,409 53,762 59,034 63,335 67,420
YOY % Grow th 16.1% 16.5% 13.3% 15.4% 12.5% 12.3% 13.4% 9.8% 7.3% 6.4%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Copyright 2010 Walgreen Co.
C 2011 Walgreen Co. 10
Net Income
0
500
1,000
1,500
2,000
2,500
Net
Inco
me
($ in
Milli
ons)
-10%
-5%
0%
5%
10%
15%
20%
YOY
% G
row
th
Net Profit Margin 3.6% 3.5% 3.6% 3.6% 3.7% 3.7% 3.8% 3.7% 3.2% 3.1%
Operating Margin 5.7% 5.6% 5.7% 5.7% 5.7% 5.7% 5.9% 5.8% 5.1% 5.1%
Net Income 875 1,008 1,165 1,350 1,560 1,751 2,041 2,157 2,006 2,091
YOY % Grow th 14.2% 15.2% 15.6% 15.9% 15.5% 12.3% 16.6% 5.7% -7.0% 4.2%
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-1MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 1 mile radius Latitude: 40.766088
Longitude: -86.077276
AreaStateUSA
Trends 2010-2015
Population Households Families Owner HHs Median HH Income
Annual
Rat
e (i
n p
erce
nt)
3
2.5
2
1.5
1
0.5
0
-0.5
-1
20102015
Population by Age
0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
Perc
ent
13
1211
10
9
8
7
6
5
43
2
1
0
2010 Household Income
$200K+1.4%
$150K - $199K0.8%
$100K - $149K7.7%
$75K - $99K8.0%
$50K - $74K23.2%
$35K - $49K17.8%
$25K - $34K12.2%
$15K - $24K16.4%
< $15K12.5%
2010 Population by Race
White Black Am. Ind. Asian Pacific Other Two+
Perc
ent
90
80
70
60
50
40
30
20
10
0
2010 Percent Hispanic Origin: 1.9%
August 02, 2011
©2010 Esri Page 2 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-1MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 1 mile radius Latitude: 40.766088
Longitude: -86.077276
Summary 2000 2010 2015Population 4,930 4,755 4,538Households 1,991 1,833 1,753Families 1,260 1,116 1,054Average Household Size 2.34 2.27 2.25Owner Occupied Housing Units 1,431 1,330 1,267Renter Occupied Housing Units 560 503 485Median Age 37.8 39.3 39.6
Trends: 2010 - 2015 Annual Rate Area State NationalPopulation -0.93% 0.47% 0.76%Households -0.89% 0.54% 0.78%Families -1.14% 0.39% 0.64%Owner HHs -0.97% 0.58% 0.82%Median Household Income 3.46% 2.51% 2.36%
2000 2010 2015 Households by Income Number Percent Number Percent Number Percent
<$15,000 370 18.3% 229 12.5% 189 10.8%$15,000 - $24,999 387 19.1% 301 16.4% 250 14.3%$25,000 - $34,999 345 17.1% 224 12.2% 186 10.6%$35,000 - $49,999 346 17.1% 327 17.8% 256 14.6%$50,000 - $74,999 370 18.3% 426 23.2% 481 27.5%$75,000 - $99,999 111 5.5% 146 8.0% 131 7.5%$100,000 - $149,999 51 2.5% 142 7.7% 207 11.8%$150,000 - $199,999 24 1.2% 15 0.8% 21 1.2%$200,000+ 18 0.9% 25 1.4% 31 1.8%
Median Household Income $31,897 $41,872 $49,636Average Household Income $41,194 $51,421 $57,633Per Capita Income $17,598 $21,582 $24,313
2000 2010 2015 Population by Age Number Percent Number Percent Number Percent
0 - 4 328 6.7% 300 6.3% 283 6.2%5 - 9 344 7.0% 280 5.9% 263 5.8%10 - 14 344 7.0% 264 5.6% 259 5.7%15 - 19 326 6.6% 303 6.4% 269 5.9%20 - 24 286 5.8% 342 7.2% 313 6.9%25 - 34 634 12.9% 632 13.3% 633 13.9%35 - 44 704 14.3% 602 12.7% 534 11.8%45 - 54 622 12.6% 611 12.9% 526 11.6%55 - 64 427 8.7% 518 10.9% 522 11.5%65 - 74 405 8.2% 348 7.3% 409 9.0%75 - 84 317 6.4% 313 6.6% 288 6.3%85+ 191 3.9% 243 5.1% 239 5.3%
2000 2010 2015 Race and Ethnicity Number Percent Number Percent Number Percent
White Alone 4,627 93.9% 4,441 93.4% 4,208 92.7%Black Alone 124 2.5% 90 1.9% 90 2.0%American Indian Alone 70 1.4% 79 1.7% 81 1.8%Asian Alone 19 0.4% 28 0.6% 31 0.7%Pacific Islander Alone 0 0.0% 1 0.0% 1 0.0%Some Other Race Alone 17 0.3% 24 0.5% 27 0.6%Two or More Races 73 1.5% 92 1.9% 102 2.2%Hispanic Origin (Any Race) 57 1.2% 89 1.9% 105 2.3%
Data Note: Income is expressed in current dollars
August 02, 2011
©2010 Esri Page 1 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-3MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 3 miles radius Latitude: 40.766088
Longitude: -86.077276
AreaStateUSA
Trends 2010-2015
Population Households Families Owner HHs Median HH Income
Annual
Rat
e (i
n p
erce
nt)
3.5
3
2.5
2
1.5
1
0.5
0
-0.5
-1
20102015
Population by Age
0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
Perc
ent
13
1211
10
9
87
6
5
4
32
1
0
2010 Household Income
$200K+1.1%
$150K - $199K0.7%
$100K - $149K6.8%
$75K - $99K9.7%
$50K - $74K23.7%
$35K - $49K17.7%
$25K - $34K12.1%
$15K - $24K14.4%
< $15K13.8%
2010 Population by Race
White Black Am. Ind. Asian Pacific Other Two+
Perc
ent
90
80
70
60
50
40
30
20
10
0
2010 Percent Hispanic Origin: 2.1%
August 02, 2011
©2010 Esri Page 4 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-3MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 3 miles radius Latitude: 40.766088
Longitude: -86.077276
Summary 2000 2010 2015Population 15,630 14,461 13,782Households 6,473 5,995 5,747Families 4,204 3,762 3,566Average Household Size 2.37 2.30 2.28Owner Occupied Housing Units 4,671 4,367 4,186Renter Occupied Housing Units 1,802 1,629 1,561Median Age 37.1 39.0 39.7
Trends: 2010 - 2015 Annual Rate Area State NationalPopulation -0.96% 0.47% 0.76%Households -0.84% 0.54% 0.78%Families -1.06% 0.39% 0.64%Owner HHs -0.84% 0.58% 0.82%Median Household Income 3.83% 2.51% 2.36%
2000 2010 2015 Households by Income Number Percent Number Percent Number Percent
<$15,000 1,206 18.6% 829 13.8% 694 12.1%$15,000 - $24,999 1,153 17.8% 861 14.4% 703 12.2%$25,000 - $34,999 1,044 16.1% 725 12.1% 604 10.5%$35,000 - $49,999 1,158 17.9% 1,059 17.7% 792 13.8%$50,000 - $74,999 1,121 17.3% 1,418 23.7% 1,605 27.9%$75,000 - $99,999 461 7.1% 584 9.7% 602 10.5%$100,000 - $149,999 216 3.3% 407 6.8% 593 10.3%$150,000 - $199,999 44 0.7% 44 0.7% 66 1.1%$200,000+ 64 1.0% 68 1.1% 88 1.5%
Median Household Income $33,049 $42,117 $50,832Average Household Income $42,763 $51,296 $57,459Per Capita Income $18,063 $21,835 $24,643
2000 2010 2015 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,064 6.8% 962 6.7% 904 6.6%5 - 9 1,129 7.2% 909 6.3% 856 6.2%10 - 14 1,170 7.5% 894 6.2% 867 6.3%15 - 19 1,045 6.7% 955 6.6% 845 6.1%20 - 24 911 5.8% 952 6.6% 867 6.3%25 - 34 2,022 12.9% 1,818 12.6% 1,771 12.8%35 - 44 2,314 14.8% 1,858 12.9% 1,689 12.3%45 - 54 2,109 13.5% 2,024 14.0% 1,729 12.5%55 - 64 1,443 9.2% 1,785 12.3% 1,801 13.1%65 - 74 1,203 7.7% 1,102 7.6% 1,335 9.7%75 - 84 881 5.6% 768 5.3% 709 5.1%85+ 342 2.2% 431 3.0% 410 3.0%
2000 2010 2015 Race and Ethnicity Number Percent Number Percent Number Percent
White Alone 14,613 93.5% 13,427 92.9% 12,691 92.1%Black Alone 392 2.5% 274 1.9% 271 2.0%American Indian Alone 221 1.4% 240 1.7% 243 1.8%Asian Alone 68 0.4% 96 0.7% 109 0.8%Pacific Islander Alone 2 0.0% 4 0.0% 4 0.0%Some Other Race Alone 76 0.5% 104 0.7% 117 0.8%Two or More Races 257 1.6% 315 2.2% 346 2.5%Hispanic Origin (Any Race) 195 1.3% 300 2.1% 351 2.5%
Data Note: Income is expressed in current dollars
August 02, 2011
©2010 Esri Page 3 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-5MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 5 miles radius Latitude: 40.766088
Longitude: -86.077276
AreaStateUSA
Trends 2010-2015
Population Households Families Owner HHs Median HH Income
Annual
Rat
e (i
n p
erce
nt)
3
2.5
2
1.5
1
0.5
0
-0.5
20102015
Population by Age
0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
Perc
ent
1514131211109876543210
2010 Household Income
$200K+1.1%
$150K - $199K0.8%
$100K - $149K7.1%
$75K - $99K10.5%
$50K - $74K25.8%
$35K - $49K17.7%
$25K - $34K11.6%
$15K - $24K12.8%
< $15K12.6%
2010 Population by Race
White Black Am. Ind. Asian Pacific Other Two+
Perc
ent
90
80
70
60
50
40
30
20
10
0
2010 Percent Hispanic Origin: 2.1%
August 02, 2011
©2010 Esri Page 6 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.
Walgreens Pharmacy
Peru, Indiana
DeerfieldPartnersJohn GiordaniArt Griffith(415)685-3035
Demographics-5MileRadius
Demographic and Income Profile720 N Broadway, Peru, IN 46970-1027 Prepared by John GiordaniDeerfield PartnersRing: 5 miles radius Latitude: 40.766088
Longitude: -86.077276
Summary 2000 2010 2015Population 20,446 20,538 19,730Households 7,901 7,407 7,122Families 5,301 4,820 4,588Average Household Size 2.42 2.35 2.33Owner Occupied Housing Units 5,895 5,575 5,366Renter Occupied Housing Units 2,006 1,833 1,756Median Age 37.4 38.7 39.1
Trends: 2010 - 2015 Annual Rate Area State NationalPopulation -0.80% 0.47% 0.76%Households -0.78% 0.54% 0.78%Families -0.98% 0.39% 0.64%Owner HHs -0.76% 0.58% 0.82%Median Household Income 3.40% 2.51% 2.36%
2000 2010 2015 Households by Income Number Percent Number Percent Number Percent
<$15,000 1,366 17.3% 936 12.6% 780 11.0%$15,000 - $24,999 1,249 15.8% 950 12.8% 773 10.9%$25,000 - $34,999 1,242 15.7% 857 11.6% 710 10.0%$35,000 - $49,999 1,486 18.8% 1,314 17.7% 971 13.6%$50,000 - $74,999 1,523 19.3% 1,914 25.8% 2,131 29.9%$75,000 - $99,999 604 7.7% 775 10.5% 810 11.4%$100,000 - $149,999 295 3.7% 525 7.1% 757 10.6%$150,000 - $199,999 57 0.7% 58 0.8% 88 1.2%$200,000+ 71 0.9% 78 1.1% 102 1.4%
Median Household Income $35,756 $44,666 $52,791Average Household Income $44,311 $53,027 $59,158Per Capita Income $17,849 $21,335 $23,949
2000 2010 2015 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,264 6.2% 1,146 5.6% 1,074 5.4%5 - 9 1,381 6.8% 1,112 5.4% 1,047 5.3%10 - 14 1,457 7.1% 1,126 5.5% 1,093 5.5%15 - 19 1,343 6.6% 1,278 6.2% 1,138 5.8%20 - 24 1,244 6.1% 1,510 7.4% 1,425 7.2%25 - 34 2,741 13.4% 2,931 14.3% 2,863 14.5%35 - 44 3,245 15.9% 3,122 15.2% 2,909 14.7%45 - 54 2,907 14.2% 2,982 14.5% 2,606 13.2%55 - 64 1,903 9.3% 2,417 11.8% 2,424 12.3%65 - 74 1,542 7.5% 1,473 7.2% 1,791 9.1%75 - 84 1,031 5.0% 949 4.6% 882 4.5%85+ 387 1.9% 491 2.4% 476 2.4%
2000 2010 2015 Race and Ethnicity Number Percent Number Percent Number Percent
White Alone 18,853 92.2% 18,494 90.0% 17,576 89.1%Black Alone 817 4.0% 972 4.7% 979 5.0%American Indian Alone 274 1.3% 325 1.6% 333 1.7%Asian Alone 82 0.4% 120 0.6% 139 0.7%Pacific Islander Alone 3 0.0% 6 0.0% 6 0.0%Some Other Race Alone 96 0.5% 165 0.8% 189 1.0%Two or More Races 321 1.6% 457 2.2% 508 2.6%Hispanic Origin (Any Race) 247 1.2% 436 2.1% 513 2.6%
Data Note: Income is expressed in current dollars
August 02, 2011
©2010 Esri Page 5 of 6
Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. Esri forecasts for 2010 and 2015.