At&T Retail Center Walmart & Lowes Anchor

Offering Memorandum

STARBUCKS | AT&T RETAIL CENTER WALMART & LOWES ANCHOR 11661 E Kellogg Dr • Wichita, KS 67207 1 NON- ENDORSEMENT AND DISCLAIMER NOTICE

Non-Endorsements Marcus & 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 YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Disclaimer THIS IS A BROKER PRICE OPINION OR COMPARATIVE MARKET ANALYSIS OF VALUE AND SHOULD NOT BE CONSIDERED AN APPRAISAL. This information has been secured from sources we believe to be reliable, but we make no representations or warranties, express or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information and bears all risk for any inaccuracies. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2018 Marcus & Millichap. All rights reserved.

STARBUCKS | AT&T RETAIL CENTER - WALMART ANCHORED Wichita, KS ACT ID Z0540011

2 PRESENTED BY

Daniel Greenamyre National Retail Group Kansas City Office Tel: (816) 410-1028 Cell: (913) 680-7359 [email protected] License: KS SP00236311

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TABLE OF CONTENTS

SECTION SECTION

THE MARCUS & MILLICHAP ADVANTAGE 01 MARKET OVERVIEW 07 Market Analysis MARKETING TEAM 02 Demographic Analysis Organizational Chart Bio Page

MARKETING PLAN 03

INVESTMENT OVERVIEW 04 Property Overview Location Overview Regional Map Local Map Aerial Photo Site Plan

FINANCIAL ANALYSIS 05 Tenant Summary

Lease Expiration Chart

Operating Statement Notes Pricing Detail Proposal Price

MARKET COMPARABLES 06 Sales Comparables

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INVESTMENT OVERVIEW

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PROPERTY OVERVIEW PROPERTY OVERVIEW

Marcus & Millichap is pleased to present the Starbucks AT&T Retail center of Wichita, Kansas, located between the major thoroughfares of E. Kellogg Ave (Hwy 54), the toll road off I-35 and the signalized intersection of Greenwich Rd.

The Starbucks | AT&T retail center consists of a 100% occupied multi-tenant investment property with approximately 8,186 square feet of rentable space. The subject property is anchored by a Walmart Supercenter, Lowe's, PetSmart, Michael’s and dozens of national retailers and restaurants within One Kellogg Place power center development. The subject property shares a three (3) mile radius with Whole Foods, Super Target, Cabela’s, Costco, Ross, TJ Maxx, the factory airport for Beechcraft jets and new luxury car dealership selling Porsche, BMW, Land Rover, Audi, Jaguar.

The Starbucks | AT&T retail center claims the most accessible and visible pad site which is situated adjacent to the monument sign entrance of One Kellogg Place. The property is currently leased to Starbucks, AT&T, GameStop, and Great Clips. Starbucks (NASDAQ: SBUX) executed a new 10-year lease with 10% rent escalations every five years. Construction is underway for the interior, drive-thru and scheduled to be complete by the summer of 2018. AT&T (NYSE: T) is operated by AT&T Mobility, a wholly owned subsidiary of AT&T with over 5,000 retail locations. Game Stop (GameStop NYSE: GME) has over 7,276 retail locations worldwide and Great Clips with over 3,700 locations nationwide. All tenants are under a triple-net lease and pay their pro-rata share of taxes, insurance, CAM and management expenses.

Wichita is the largest city in the state of Kansas. For over 1.3 million people, Wichita is the closest city proving access to upscale shopping, major airlines, specialized health care and premier entertainment. The three-mile average household income is $99,946. Kellogg Ave is undergoing major improvements to accommodate an increase in population. Traffic is projected to jump from 40,000 VPD currently to an estimated “110,000 by the year 2040” (KDOT)

PROPERTY OVERVIEW

▪ 100% Occupied | 100% National Tenants | NNN Leases | Walmart Super Center & Lowes Anchored Regional Power Center ▪ Starbucks (NASDAQ: SBUX) New 10-year Lease | Drive Thru ▪ AT&T (NYSE: T) Original Tenant | 4 Five Yr Options ▪ GameStop (NYSE: GME) & Great Clips Original Tenants ▪ Subject Property Boast Premier Access and Visibility Of Power Center ▪ Densely Populated Residential Area | Wichita Largest City In State Of Kansas | Avg. HHI $99,946 in 3 Mile Radius ▪ Located On Main Thoroughfare | I-35 Toll Road Access | Traffic Count Set to increase 275% in the next 20 years

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PRICINGPRICING ANDANDLOCATIONLOCATION VALUATIONVALUATIONTENANT OVERVIEWOVERVIEWSUMMARY MATRIXMATRIX

11661 E Kellogg Dr, Wichita, KS 67207

CLOSE PROXIMITY TO:

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LOCAL MAP

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AERIAL PHOTO

E. Kellogg Ave 40,000 VPD Subject Burger King

McDonald’s

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AERIAL – NW

Burger King

Representative Photo

Summer 2018 Subject

Parking Lot Expansion See Site Plan, p. 16

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3 MILE RADIUS - AERIAL – NW

Factory Airport ONE KELLOGG PLACE

Subject Property

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PROPERTY PHOTOS

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Starbucks Under Construction - May 16, 2018

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DRAWINGS 1

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DRAWINGS 2

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SITE PLAN

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POWER CENTER - ONE KELLOGG PLACE

One Kellogg Place, a 72 acre power center, opened in 2002 in Wichita, KS. Prominently located at the juncture of three of Wichita’s busiest roadways, One Kellogg Place provides convenient shopping and dining options to East Wichita and surrounding communities. Anchored by Walmart Supercenter and Lowe’s Home Improvement, the development also features Michaels Arts & Crafts, Slumberland and many small shops and restaurants.

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FINANCIAL ANALYSIS

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FINANCIAL ANALYSIS TENANT SUMMARY

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FINANCIAL ANALYSIS PRICING DETAIL

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FINANCIAL ANALYSIS

OPERATING STATEMENT

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TENANT PROFILE

Starbucks AT&T

General Information General Information

Tenant Name Starbucks Corporation Tenant Name AT&T

Website https://www.starbucks.com/ Website https://www.att.com/wireless/

Parent Company Starbucks Corp Parent Company AT&T

Headquartered Seattle, Washington Headquartered Brookhaven, Georgia

Rentable Square Feet 2,070 SF Rentable Square Feet 3,282 SF

Percentage of RBA 25.30% Percentage of RBA 40.00%

Lease Commencement 9/28/2018 Lease Commencement 8/8/2005

Lease Expiration 2/16/2029 Lease Expiration 8/31/2021

No. of Locations 26,696 No. of Locations 5,000

Starbucks Corporation is an American coffee company and coffeehouse A wholly owned part of AT&T, AT&T Mobility provides wireless services to chain. Starbucks was founded in Seattle, Washington in 1971. As of 2017, 138.8 million subscribers in the United States, Puerto Rico and the U.S. the company operates 27,339 locations worldwide. Starbucks distinguishes Virgin Islands. AT&T Mobility is the second largest wireless itself by taste, quality, and customer experience while targeting quality- telecommunications provider in the United States. Customers purchase minded coffee drinkers, hot and cold drinks, full- and loose-leaf teas, wireless services as well as signing up for home phone, internet, U-verse Evolution Fresh juices, Frappuccino beverages, and an expanded menu for and Direct TV, as of 2015. Breakfast and Lunch.

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TENANT PROFILE

GameStop Great Clips

General Information General Information

Tenant Name GameStop Tenant Name Great Clips

Website https://www.gamestop.com/ Website https://www.greatclips.com/

Parent Company GameStop Corp. Parent Company Great Clips (Private Company)

Headquartered Grapevine, Texas Headquartered Bloomington, Minnesota

Rentable Square Feet 1,588 SF Rentable Square Feet 1,246 SF

Percentage of RBA 19.40% Percentage of RBA 15.20%

Lease Commencement 7/25/2005 Lease Commencement 8/13/2005

Lease Expiration 12/31/2020 Lease Expiration 12/31/2020

No. of Locations 7,276 No. of Locations 4,100 +

GameStop is an American video game, consumer electronics retailer. The Great Clips is a hair salon franchise with over 4,100 locations across the company operates 7,276 retail stores throughout the United States, United States and Canada. In 2013, it had system-wide sales of $1.03 Canada, Australia, New Zealand, and Europe. The company's retail stores billion. Over 30,000 stylists are employed by Great Clips salons. The primarily operate under the GameStop, EB Games, ThinkGeek, and salons have been noted as a good investment as they are a low-cost Micromania brands. In addition to retail stores, GameStop also owns Game franchise with high growth potential. In 2011, Great Clips launched Online Informer, a video game magazine; Simply Mac, an Apple products reseller. Check-In, the industry's first real-time check-in application.

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MARKET COMPARABLES

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SALES COMPARABLES MAP

STARBUCKS | AT&T RETAIL CENTER (SUBJECT)

1 Starbucks Retail - Texas New Starbucks & Mattress 2 Direct – Missouri Starbucks & Mattress Firm 3 – Oklahoma Starbucks & Marco's Pizza 4 – South Carolina Starbucks | Chipotle - 5 Kansas Starbucks Center - 6 Michigan 7 Starbucks & Chipotle - Ohio Starbucks | AT&T - 8 Alabama Starbucks Retail Center - 9 Colorado Starbucks | Freddy’s- New 10 Mexico Starbucks | Jimmy John's | 11 Mattress Firm – North Carolina

SALES COMPARABLES

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SALES COMPARABLES SALES COMPARABLES SALES COMPS AVG

Average Cap Rate

7.0

6.3 Avg. 5.94%

5.6

4.9

4.2

3.5

2.8

2.1

1.4

0.7

0.0 SUBJECT Starbucks New Starbucks & Starbucks & Starbucks Starbucks Starbucks Starbucks Starbucks Starbucks Starbucks | PROPERTY Retail at Starbucks Mattress Marco's | Chipotle Center & Chipotle | AT&T Retail | Freddy's Jimmy Hudson Oaks & Mattress Firm - Pizza - Ohio Center - John's | Direct Tulsa, OK Colorado Mattress - St. Firm Louis, MO

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SALES COMPARABLES SALES COMPARABLES SALES COMPS AVG

Average Price Per Square Foot

$800.00

$720.00

$640.00 Avg. $583.41

$560.00

$480.00

$400.00

$320.00

$240.00

$160.00

$80.00

$0.00 SUBJECT Starbucks New Starbucks & Starbucks & Starbucks Starbucks Starbucks Starbucks Starbucks Starbucks Starbucks | PROPERTY Retail at Starbucks Mattress Marco's | Chipotle Center & Chipotle | AT&T Retail | Freddy's Jimmy Hudson Oaks & Mattress Firm - Pizza - Ohio Center - John's | Direct Tulsa, OK Colorado Mattress - St. Firm Louis, MO

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SALESMARKETING COMPARABLES TEAM

SALES COMPARABLES

SUBJECT PROPERTY STARBUCKS RETAIL AT HUDSON OAKS NEW STARBUCKS & MATTRESS DIRECT 2970 Fort Worth Highway, Hudson Oaks, TX, 76087 10775 & 10779 Watson Road, St. Louis, MO, 63127 11661 E Kellogg Dr, Wichita, KS, 67207 1 2

rentpropertyname1 rentpropertyname1 rentpropertyname1

Tenants Lease Type Tenants Lease Type Tenants Lease Type Close Of Close Of Asking Price: $3,813,950 Starbucks NNN 4/18/2018 Starbucks NNN 11/3/2017 Starbucks NNN Escrow: Escrow: Price/SF: $465.91 GreatClips NNN Days On Days On 100 GNC NNN 107 Mattress Direct NNN CAP Rate: 6.00% Game Stop NNN Market: Market: Sales Price: $4,855,123 Metro PCS NNN Sales Price: $3,275,000 Year Built: 2005 ATT/New Cincular NNN Price/SF: $533.00 SportClips NNN Price/SF: $753.74 CAP Rate: 6.07% 702 Nails NNN CAP Rate: 6.33% Year Built: 2017 Hacienda Pools NNN Year Built: 2016

rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF NOI $228,838 $27.95 NOI $294,706 $32.35 NOI $207,270 $47.70 Occupancy 100.0% Occupancy 100% Occupancy 100%

NOTES NOTES NOTES Shadowed by Walmart Supercenter | New Starbucks Drive-Thru Shadowed by Walmart Supercenter 100% Occupied | New Starbucks With Drive-Thru | 10% Increases 100 Percent Occupied | All Leases are Triple Net 100 Percent Occupied | All Leases are Triple Net Every 5 Years Outparcel to Office Park with 8 Office Buildings & 100% National Tenants | Excellent Access 65 Percent of the GLA has Credit Tenants Holiday Inn, Across from 356,877 SF Mixed-Use Class-A Office Freeway Location on US Highway 180 Park

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SALESMARKETING COMPARABLES TEAM

SALES COMPARABLES

STARBUCKS & MATTRESS FIRM STARBUCKS & MARCO'S PIZZA STARBUCKS | CHIPOTLE 1881 South Yale Avenue, Tulsa, OK, 74112 105 McMillin Road Ext, Boiling Springs, SC, 29316 8301 W 151st St, Overland Park, KS, 66223

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rentpropertyname1 rentpropertyname1 rentpropertyname1

Tenants Lease Type Tenants Lease Type Tenants Lease Type Close Of Close Of Close Of 2/1/2017 Starbucks NNN 3/1/2018 Starbucks NNN 5/31/2018 Starbucks NNN Escrow: Escrow: Escrow: Days On Days On 188 Mattress Firm NNN Sales Price: $2,000,000 Marco's Pizza NNN 30 Chipotle NNN Market: Market: Price/SF: $324.68 Sales Price: $3,295,000 Sales Price: $2,917,521 CAP Rate: 6.00% Price/SF: $549.17 Price/SF: $666.86 Year Built: 2017 CAP Rate: 6.13% CAP Rate: 5.85% Year Built: 2015 Year Built: 2018

rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF NOI $202,000 $33.67 NOI $120,000 $19.48 NOI $170,675 $39.01 Occupancy 100% Occupancy 100% Occupancy 100%

NOTES NOTES NOTES 100% Leased - New 10-Year Leases with Starbucks Drive Thru 100% Occupied | Starbucks Drive Thru | New 10 Year Lease 100% Occupied | Starbucks Drive Thru &Chipotle Out Parcel to Target, Reasors Foods, Gordmans and Sears Full Asking Price | 6% Cap Rate, Marco's Pizza is Local 2 Unit Out-parcel to Target | 10-Year Starbucks Lease Excellent Frontage on S. Yale Avenue, Visible to 21,000 Cars per Operator Just off U.S. HWY 69 | Strong Daytime Population Day

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SALESMARKETING COMPARABLES TEAM

SALES COMPARABLES

STARBUCKS CENTER STARBUCKS & CHIPOTLE STARBUCKS | AT&T 27200 Beck Rd, Novi, MI, 48374 3015 Meadow Pond Ct, Grove City, OH, 43123 1121 S College St, Auburn, AL, 36832

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rentpropertyname1 rentpropertyname1 rentpropertyname1

Tenants Lease Type Tenants Lease Type Tenants Lease Type Close Of Close Of Close Of 8/9/2017 Starbucks NNN 3/15/2018 Starbucks NNN 4/13/2018 Starbucks NNN Escrow: Escrow: Escrow: Sales Price: $3,250,000 Urgent Care NNN Sales Price: $2,950,000 Chipotle NNN Sales Price: $2,385,000 AT&T NNN Price/SF: $550.57 Royal Nails NNN Price/SF: $651.50 Price/SF: $548.65 CAP Rate: 6.36% CAP Rate: 5.53% CAP Rate: 6.04% Year Built: 2016 Year Built: 2017 Year Built: 2017

rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF NOI $206,605 $35.00 NOI $163,080 $36.02 NOI $144,054 $33.14 Occupancy 100% Occupancy 100% Occupancy 100%

NOTES NOTES NOTES NYSE: SBUX | Standard & Poor's A Rated | 2016 Revenue of Chipotle & Starbucks with Drive-Thru | 10-Year NNN Leases 100% leased with 10 year primary terms | Starbucks and AT&T $19.16 Billio Prime Location | Busy Corner of Beck Road and Featuring 10% Increases Every 5 Years | Located Directly off I-71 10% escalations every five (5) years to national tenants Grand River Avenue & S.R. 665 off Signalized Corner

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SALESMARKETING COMPARABLES TEAM

SALES COMPARABLES

STARBUCKS | JIMMY JOHN'S | MATTRESS STARBUCKS RETAIL CENTER STARBUCKS | FREDDY'S FIRM 3560 E Woodmen Rd, Colorado Springs, CO, 80920 2550 Central Ave SE, Albuquerque, NM, 87106 13129 S Tryon St, Charlotte, NC, 28278

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rentpropertyname1 rentpropertyname1 rentpropertyname1

Tenants Lease Type Tenants Lease Type Tenants Lease Type Close Of Close Of 7/20/2017 Starbucks NNN Sales Price: $4,233,000 Starbucks NNN 3/15/2018 Starbucks NNN Escrow: Escrow: Price/SF: $763.67 Freddy's NNN Sales Price: $3,000,000 Super Cleaners NNN Sales Price: $4,400,000 Jimmy John's NNN CAP Rate: 5.20% Price/SF: $461.40 Sport Clips NNN Price/SF: $614.27 Mattress Firm NNN Year Built: 2018 CAP Rate: 5.71% Panda Express NNN CAP Rate: 6.15% Year Built: 2001 Year Built: 2016

rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF rentpropertyaddress1Annual Per SF NOI $171,525 $26.38 NOI $220,116 $39.71 NOI $270,600 $37.78 Occupancy 100% Occupancy 100% NOTES NOTES Property is fully leased on a NNN basis to Starbucks and Freddy's NOTES 100% Occupied High-Quality Building with High Credit National Frozen Custard. Starbucks has a 10 year lease deal and Freddy's 100% Occupied | NNN Leases | Adjacent Of Super Target & Tenant Mix | King Soopers (Kroger) Shadow Anchored Shoppette has a 15 year Shopping Center | 3 National Tenants | High-Traffic Location

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MARKET OVERVIEW

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WICHITAMARKETING TRADE TEAMAREA

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MARKET OVERVIEW WICHITA OVERVIEW

Boasting a diverse economic base of manufacturing, aircraft, healthcare and professional services, the Wichita market is composed of five counties and supports a population of roughly 649,000 people. In METRO HIGHLIGHTS addition, the metro is growing faster than the national average, with gains DIVERSE MANUFACTURING BASE of more than 21,100 people forecast by 2022. Wichita State University Manufacturers of aviation, air-conditioners, turf equipment, food products and also lies within the city limits, enrolling a student body of nearly 14,500 in telecommunications are active in the metro.

both graduate and undergraduate programs. EDUCATIONAL CENTER Home to Wichita State University, education is a key driver of the economy. Public school districts and the university provide more than 10,000 jobs.

LARGE GOVERNMENT PRESENCE More than 7,000 workers are employed by the state of Kansas and the U.S. government, providing a large contingent of employment to the metro.

ECONOMY ▪ Aviation is a integral part of the economy, with Spirit AeroSystems, Cessna Aviation and Beechcraft Corp. hiring more than 25,000 workers. Boeing and Bombardier Aerospace also have a combined 5,500 employees. ▪ Via-Christi Health is one of the largest employers in the Wichita metro, with more than 10,000 workers on local payrolls. ▪ Numerous other active distribution and manufacturing companies in the metro include Cargill Meat Solutions, Koch Industries Inc., and York International. Together these firms employ approximately 4,000 people. ▪ Several telecommunications firms have established a base of operations in the market. Both T-Mobile and Cox Communications have payrolls exceeding 800 positions each. DEMOGRAPHICS

2017 2017 2017 2017 MEDIAN POPULATION: HOUSEHOLDS: MEDIAN AGE: HOUSEHOLD INCOME: 649K 251K 35.5 $54,700 Growth Growth U.S. Median: U.S. Median: 2017-2022*: 2017-2022*: 3.3% 4.5% 37.8 $56,300

* Forecast Sources: Marcus & Millichap Research Services; BLS; Bureau of Economic Analysis; Experian; Fortune; Moody’s Analytics; U.S. Census Bureau

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MARKETMARKETINGDEMOGRAPHICS OVERVIEW TEAM Created on May 2018

POPULATION 1 Miles 3 Miles 100 Miles HOUSEHOLDS BY EXPENDITURE 1 Miles 3 Miles 100 Miles Total Average Household Retail ▪ 2022 Projection $74,078 $75,273 $62,642 Expenditure Total Population 4,309 51,577 1,315,263 ▪ Consumer Expenditure Top 10 ▪ 2017 Estimate Categories Total Population 3,935 48,008 1,294,015 Housing $19,381 $19,763 $16,484 ▪ 2010 Census Transportation $12,851 $13,344 $11,160 Total Population 3,659 45,890 1,277,359 Shelter $10,802 $10,977 $9,132 ▪ 2000 Census Personal Insurance and Pensions $8,419 $9,135 $6,415 Total Population 2,850 36,361 1,225,600 Food $7,272 $7,377 $6,421 ▪ Current Daytime Population Health Care $5,092 $5,124 $4,535 2017 Estimate 3,900 46,574 1,312,711 Utilities $4,211 $4,256 $3,713 HOUSEHOLDS 1 Miles 3 Miles 100 Miles Entertainment $3,075 $3,180 $2,685 Household Furnishings and ▪ $2,143 $2,262 $1,815 2022 Projection Equipment Total Households 1,551 20,524 524,165 Apparel $1,791 $1,807 $1,445 ▪ 2017 Estimate POPULATION PROFILE 1 Miles 3 Miles 100 Miles Total Households 1,404 19,057 510,079 ▪ Population By Age Average (Mean) Household Size 2.75 2.50 2.47 2017 Estimate Total Population 3,935 48,008 1,294,015 ▪ 2010 Census Under 20 29.41% 26.68% 27.65% Total Households 1,298 18,204 502,533 20 to 34 Years 19.97% 22.05% 20.28% ▪ 2000 Census 35 to 39 Years 6.89% 6.15% 5.91% Total Households 1,054 14,839 480,565 40 to 49 Years 12.32% 11.39% 11.10% ▪ Occupied Units 50 to 64 Years 18.70% 20.14% 19.45% 2022 Projection 1,551 20,524 524,165 Age 65+ 12.69% 13.60% 15.60% 2017 Estimate 1,538 20,179 570,420 Median Age 35.41 35.97 36.69 HOUSEHOLDS BY INCOME 1 Miles 3 Miles 100 Miles ▪ Population 25+ by Education Level ▪ 2017 Estimate 2017 Estimate Population Age 25+ 2,563 31,719 844,766 $150,000 or More 10.23% 14.86% 5.63% Elementary (0-8) 1.68% 1.35% 3.08% $100,000 - $149,000 14.09% 17.07% 11.40% Some High School (9-11) 7.36% 4.40% 7.48% $75,000 - $99,999 11.47% 11.97% 12.51% High School Graduate (12) 24.35% 18.82% 30.04% $50,000 - $74,999 29.07% 20.25% 20.60% Some College (13-15) 26.98% 24.30% 25.87% $35,000 - $49,999 13.76% 11.41% 14.95% Associate Degree Only 7.47% 8.35% 8.02% Under $35,000 21.35% 24.43% 34.92% Bachelors Degree Only 19.99% 26.49% 16.65% Average Household Income $87,188 $99,946 $66,325 Graduate Degree 10.67% 15.39% 7.98% Median Household Income $61,720 $66,724 $50,144 Per Capita Income $31,103 $39,691 $26,504

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MARKETINGDEMOGRAPHICS TEAM

Population Race and Ethnicity In 2017, the population in your selected geography is 3,935. The The current year racial makeup of your selected area is as follows: population has changed by 38.07% since 2000. It is estimated that the 61.55% White, 10.60% Black, 0.04% Native American and 16.83% population in your area will be 4,309.00 five years from now, which Asian/Pacific Islander. Compare these to US averages which are: represents a change of 9.50% from the current year. The current 70.42% White, 12.85% Black, 0.19% Native American and 5.53% population is 49.64% male and 50.36% female. The median age of the Asian/Pacific Islander. People of Hispanic origin are counted population in your area is 35.41, compare this to the US average independently of race. which is 37.83. The population density in your area is 1,251.51 people per square mile. People of Hispanic origin make up 10.51% of the current year population in your selected area. Compare this to the US average of 17.88%.

Households Housing There are currently 1,404 households in your selected geography. The The median housing value in your area was $165,200 in 2017, number of households has changed by 33.21% since 2000. It is compare this to the US average of $193,953. In 2000, there were 936 estimated that the number of households in your area will be 1,551 owner occupied housing units in your area and there were 118 renter five years from now, which represents a change of 10.47% from the occupied housing units in your area. The median rent at the time was current year. The average household size in your area is 2.75 $400. persons.

Income Employment In 2017, the median household income for your selected geography is In 2017, there are 2,293 employees in your selected area, this is also $61,720, compare this to the US average which is currently $56,286. known as the daytime population. The 2000 Census revealed that The median household income for your area has changed by 35.54% 59.86% of employees are employed in white-collar occupations in this since 2000. It is estimated that the median household income in your geography, and 40.48% are employed in blue-collar occupations. In area will be $70,117 five years from now, which represents a change 2017, unemployment in this area is 2.95%. In 2000, the average time of 13.60% from the current year. traveled to work was 20.00 minutes.

The current year per capita income in your area is $31,103, compare this to the US average, which is $30,982. The current year average household income in your area is $87,188, compare this to the US average which is $81,217.

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8 DEMOGRAPHICS

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MARCUS & MILLICHAP ADVANTAGE

MAXIMIZING RESULTS WITH MOVING CAPITAL, MAXIMIZING VALUE 78 OFFICES THROUGHOUT THE U.S. AND CANADA

With our collaborative culture, cutting-edge technology, and proven methodology, we efficiently match buyers and sellers both regionally and nationally to maximize your success.

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Agent PROFILE

39 AGENT PROFILE

Commercial Real Estate Investor

More Than 1,819 Investment Professionals DANIEL GREENAMYRE in Offices Throughout the U.S. and Canada NATIONAL RETAIL GROUP NET LEASED PROPERTIES GROUP MARCUS & MILLICHAP KANSAS CITY

Daniel Greenamyre specializes as a broker for the acquisition and disposition of investment real estate. Daniel has 12 years of experience in Commercial Real Estate including a principal investor of retail, office and multi-family property. Clients included Fortune 500 companies, Government Institutions and national retailers. Daniel has CCIM education, CRE development & portfolio management experience.

Daniel is a sales broker for owners of shopping centers, net-leased and medical office property. Daniel advises on asset pricing; timing; strategic acquisition; 1031 exchange; financing; research and extensive marketing solutions. Daniel combines his experience as investor, manager, developer and broker in assisting his clients with making intelligent decisions with their investment real estate. MARKETING – TEAM

More Than 1,819 Professionals Advertising & Direct Mail Throughout the U.S. & Canada Cooperating Brokerage Electronic Marketing Community (MNet, E-mail, Posting, etc.) Confidentiality Registration Direct Client Calling Effort Offering Memorandum Distribution PRESENTED BY Daniel Greenamyre National Retail Group Kansas City Office Tel: (816) 410-1028 Cell: (913) 680-7359 [email protected] License: KS SP00236311