TABLE of CONTENTS I. Gold's Gym Criteria Sheet II
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GOLD’S GYM TABLE OF CONTENTS I. Gold’s Gym Criteria Sheet II. Fitness Competition Map III. Proposed Locations 1. 3725 Airport Boulevard - Former Michael’s 2. 3930 Airport Boulevard - Currently Omni Fitness 3. 3767 Airport Boulevard - Former Sawyer Furniture 4. 831-C Hillcrest Road - Hillcrest Plaza VALLAS REALTY, INC. MOBILE, ALABAMA GOLD’S GYM I. Gold’s Gym Criteria Sheet VALLAS REALTY, INC. MOBILE, ALABAMA GOLD’S GYM EXPRESS CRITERIA SHEET Square Footage: 13,000- 20,000 Ceiling Height Minimum: 14’ Lease Term: 10 years Parking: 5 spaces per 1,000 SF Shape: Rectangular preferred but can do irregular shapes Dimensions: 80’-85’ x 180’ Rent: Single digit rents Demographics: Minimum trade area of 60,000 people Electrical Panel: 800 Amp Cost: $1M to outfit a 2nd generation space Signage: Full panel on all shopping center pylon signs About the Concept: $9.99/ month membership fees No Contract Cardio Cinema Group Fitness Classes No wet areas- pools, spas, etc. Corporate Credit Company Website: www.goldsgym.com/express/ GOLD’S GYM II. Fitness Competition Map VALLAS REALTY, INC. MOBILE, ALABAMA GOLD’S GYM III. Proposed Gold’s Gym Locations VALLAS REALTY, INC. MOBILE, ALABAMA GOLD’S GYM 1. 3725 Airport Boulevard - Former Michael’s Notes: The Michael’s is available as a sub-lease but their lease expires in 2013, so we would be negotiating directly with the landlord (Kimco) subject to landlord terminating existing lease. Within this center, some of the existing leases, such as Ross, Bed Bath and HH Gregg, may contain a restriction preventing such use. We would have to work with the landlord in trying to secure use approval. VALLAS REALTY, INC. MOBILE, ALABAMA Available Mobile Festival Centre Airport Blvd. & Montlimar Dr. | Mobile, AL 36608 Description 400,000 SF Power Center Tenants include Bed Bath & Beyond, Academy, Ross, Office Max, Guitar Center and hhgregg Located at the southwest corner of Airport Boulevard and Montlimar Drive Prime Junior Anchor Space Available Area Retailers include Home Depot, Rooms To Go and Pier 1 Imports Located on the main retail corridor with combined traffic counts over 76,110 vpd Location Map Available Gross Leaseable Area 1,300 - 100,000 SF 400,000 SF Rate Call for Rates Demographics 3 Mile 5 Mile 10 Mile Population 68,686 180,844 305,540 Households 28,846 71,723 116,957 Avg HH Income $62,760 $57,046 $56,582 Median Age 35.89 36.14 36.43 Year: 2010 | Source: Trade Area Systems Map data ©2012 Google - Traffic Counts Contact Airport Boulevard 47,010 CPD Josh Burmeister SRS Real Estate Partners Montlimar Drive 15,300 CPD 251.341.1602 165 West I-65 Service Road Downtowner Boulevard 13,800 CPD [email protected] North Mobile, AL 36608 Year: 2010 | Source: City of Mobile Buff Teague 251.341.1600 The information contained herein was obtained from sources deemed to be reliable. However, 251.341.1611 SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. [email protected] Published: 02.07.2012 www.srsre.com Mobile, Alabama Mobile Festival Centre AVAILABLE ±6.9 AC 15,300 vpd ‘10 13,800 vpd ‘10 ±21,364 SF AVAILABLE 47,010 vpd ‘10 SRS Real Estate Partners 165 W I-65 Service Road N., Mobile, Alabama 36608 - 251 341 1600 - www.srsre.com The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. Aerial Date: April 2011 M o b ile, Alabama Mobile, McGowinPark M ob ile, Alabama Mobile, M ob ile Festival Centre Festival Mobile Springhill Medical Pinebrook Shopping Center McGregor Square Center Springdale Mall 87,920 VPD 2010 63,200 VPD 2010 Airport Boulevard 64,300 VPD 2010 Airport Boulevard 26,500 VPD 2010 SITE 86,150 VPD 2010 Mobile Festival Centre Bel Air Mall © SRS Real Estate Partners 165 West I-65 Service Road N., Mobile, AL 36608 - 251 341 1600 - www.srsre.com 1600- 341251 AL36608- Mobile, Road Service N., West165I-65 ©SRSPartners Estate Real Aerial Date: August 2011 August Date: Aerial The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof accuracy or completeness the to as representations or warranties, makesguarantees, no Partners SRS However,Estate Real reliable. deemedbe sources to from wasobtained herein contained Theinformation . M o b ile, Alabama Mobile, M o bile Festival Centre Festival Mobile M ontlim ar Drive 15,300 vpd ‘10 ±6.9AC AVAILABLE 13,800 vpd ‘10 Salons by JC by 7264sf Dow ntow ner Boulevard Available 21,364sf 1353sf SR S Real Estate Partners 165 W I-65 Service Road N., Mobile, Alabama 36608 - 251 341 1600 - www.srsre.com Alabama1600- 341251 Mobile, 36608Road- Service N., W165 SRSPartners I-65 Estate Real Airport Boulevard 47,500 vpd ‘10 The information contained herein was obtained from sources deemed to be reliable. However, SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. accuracy or completeness the to as representations or warranties, makesguarantees, no Partners SRS However,Estate Real reliable. deemedbe sources to from wasobtained herein contained Theinformation Demographic Summary Report Demographic Data 2011 by Synergos Technologies Calculated using TAS Retrieval Feb 6, 2012 Latitude: 30.675911 Longitude: -88.136583 3725 Airport Blvd, Mobile, AL 36608 3.00 Mile 5.00 Mile 10.00 Mile Radius Radius Radius Current Estimated Population 68,337 179,375 305,146 2016 Projected Population 66,976 178,401 308,966 Population 2000 Census Population 70,120 185,811 302,456 1990 Census Population 68,977 184,635 298,170 Historical Annual Growth 1990 to 2000 0.16 % 0.06 % 0.14 % Estimated Annual Growth 2000 to 2011 -0.23 % -0.32 % 0.08 % Projected Annual Growth 2011 to 2016 -0.40 % -0.11 % 0.25 % Median Age 36.06 36.29 36.56 Current Estimated Households 28,718 71,174 116,801 2016 Estimated Households 28,141 70,746 118,000 Households 2000 Census Households 29,304 73,445 115,878 1990 Census Households 29,019 71,315 110,546 Historical Annual Growth 1990 to 2000 0.10 % 0.29 % 0.47 % Estimated Annual Growth 2000 to 2011 -0.18 % -0.29 % 0.07 % Projected Annual Growth 2011 to 2016 -0.41 % -0.12 % 0.20 % Population per Household 2.30 2.45 2.55 White 55.15 % 44.44 % 54.02 % Population by Race Black or African American 40.41 % 52.26 % 42.98 % Asian & Pacific Islander 3.44 % 2.42 % 1.91 % Other Races 1.00 % 0.87 % 1.09 % Non Hispanic or Latino Population 97.10 % 97.71 % 97.84 % Hispanic or Latino Population 2.90 % 2.29 % 2.16 % Income Average Household Income $62,663 $56,970 $56,622 Median Household Income $42,409 $40,173 $42,060 Per Capita Income $27,097 $23,187 $22,091 Elementary 3.71 % 5.47 % 5.91 % Education (Age 25+) Some High School 9.69 % 12.99 % 14.35 % High School Graduate 24.66 % 26.66 % 30.04 % Some College 24.40 % 22.67 % 21.92 % Associates Degree Only 5.31 % 5.65 % 5.65 % Bachelors Degree Only 20.57 % 16.87 % 14.33 % Graduate Degree 11.66 % 9.69 % 7.80 % Business Number of Businesses 3,171 5,251 8,342 Total Number of Employees (FTE) 61,429 100,952 155,312 Employees per Business 19.37 19.23 18.62 Residential Population per Business 21.55 34.16 36.58 © 2011, Trade Area Systems 1 of 1 Demographic Source: Synergos Technologies, Inc The information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties, or representations as to the completeness or accuracy thereof. 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