Location: The Market: Excellent demographics within a 5 mile radius. 89,590 people DENSE POPULATION. $107,310 average household income STRONG INCOMES
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1 INTRODUCING
2 Location: Located just 15 miles from the Washington Beltway, The Shops at Waldorf Center is the premier, open-air retail destination for Southern Maryland, serving the vibrant community of Waldorf, as well as the surrounding Charles, Calvert, and St. Mary s Counties. The 500,000 square foot center is expanding by 100,000 square feet to include boutique shops, lifestyle retailers, and restaurants that will add new style to the center. Pedestrian-friendly walkways and attractive landscaping will give the center new life. The Shops at Waldorf Center is strategically positioned at the intersection of Routes 301 & 228, the two busiest roads in the country The Market: Excellent demographics within a 5 mile radius DENSE POPULATION 89,590 people STRONG INCOMES $ $107,310 average household income STRONG DAYTIME POPULATION 34,290 employees EDUCATED CONSUMER 38.9% college degree or higher 2
3 PRIMARY TRADE AREA $103,618 28,903 HOUSING UNITS 35.0 MEDIAN AGE TRADE AREA LEGEND PRIMARY 3 MILES
4 SECONDARY TRADE AREA 175,489 $106,038 60,031 62,887 65,329 HOUSING UNITS 37.8 MEDIAN AGE TRADE AREA LEGEND PRIMARY SECONDARY 0 4 MILES 8 4
5 PRIMARY MARKET AERIAL MILES 5
6 LOCAL AERIAL LEGEND 0 SUITE SIZE 105 4,378 SF 5 2,401 SF 9 2,500 SF ,719 SF 205 3,687 SF 219 3,000 SF 302 1,307 SF 305 6,051 SF 309 5,432 SF 321 1,047 SF ,537 SF MILES 6
7 2 2 1 SITE PLAN # TENANT SQUARE FEET 101 DAVIDS BRIDAL S 7, ,378 1 CHRISTMAN TREE SHOP 35,232 3 CHARMING CHARLIE 8, ,401 7 ULTA, , STAPLES 15, , LONG & FOSTER 3, LADY NAILS 1, RENT-A-CENTER 4, FESTIVAL CLEANERS 2, DOLLAR GENERAL, , FIVE BELOW 8, BOB S DISCOUNT 30,103 2 BOB S DISCOUNT OUTLET 24, SUBWAY 1, SALON PLAZA 4, MASSAGE ENVY 2, , PETSMART 30, CAFE RIO 3, , SWEET THING BLACK ORCHID 1, , SPORTS CLIPS 1, ,432 3 ROSS DRESS FOR LESS 24, BEAUTY MAX 5, H&R BLOCK 3, GNC 1,388 WESTERN PARKWAY ROUTE 228 (BERRY ROAD) P7 CVS 12,900 SF FUTURE FUTURE ROUTE 228 (BERRY ROAD) 302 1,307 SF 305 6,051 SF SPORTS CLIPS 1,381 SF 309 5,432 SF 3 ROSS DRESS FOR LESS 24,846 SF 313 BEAUTY MAX 5,520 SF H&R BLOCK 3,002 SF GNC 1,388 SF 325 MODELL'S 17,825 SF 321 1,047 SF 323 ATI 3,200 SF 221 PETSMART 30,900 SF 219 SALON PLAZA 4,504 SF 213 SUBWAY 1,510 SF PARTY CITY 12,093 SF 405 GENGHIS GRILL 4,200 SF MY EYE DR 1,613 SF 4 PANERA BREAD 5,345 SF 209 BOB'S DISCOUNT FURNITURE 30,103 SF 201 DOLLAR GENERAL,976 SF FESTIVAL CLEANERS 2,000 SF 127 LONG & FOSTER 3,000 SF 5 2,401 SF 9 2,500 SF 105 AVAIL. 4,378 SF 319 MICHAELS 28, , ATI 3, MODELL S SPORTING GOODS 17, , LA FITNESS 30, GENGHI S GRILL 4, , MY EYE DR 1,613 4 PANERA BREAD 5, PARTY CITY 12, HABIT BURGER 3,025 P5 SILVER DINER 7,958 SF 501 HABIT BURGER 3,025 SF 503 MEN'S WEARHOUSE 5,599 SF 601 CHILI'S 6,500 SF A 605B SWEET FROG 2,349 SF LEDO PIZZA 2,841 SF P1 WENDY'S 4,500 SF NOT A PART P2 DENNY'S 5,000 SF NOT A PART 503 MEN S WEARHOUSE 5, CHILI S 6, LEDO PIZZA 2, A SWEET FROG 2, B VERIZON FIOS 2,349 ROUTE 301 (CRAIN HIGHWAY) 607 SPRINT 2,600 P1 WENDY S 4,500 P2 DENNY S 5,000 P AC P5 SILVER DINER 7,958 P7 CVS 12,900 TOTAL GLA 501,433 ROUTE 228 (BERRY ROAD) ROUTE 228 (BERRY ROAD) FUTURE PYLON SIGN 301 CAFE RIO 3,618 SF ,537 SF 303 SWEET THING BLACK ORCHID 1,575 SF MICHAELS 28,000 SF ,000 SF MASSAGE ENVY 2,890 SF 24,561 SF LA FITNESS 30,253 SF 407 2,766 SF FIVE BELOW 8,400 SF RENT-A-CENTER 4,437 SF 129 LADY NAILS 1,900 SF ,719 SF STAPLES 15,656 SF 7 ULTA,169 SF 3 CHARMING CHARLIE 1 CHRISTMAS TREE SHOPS 35,232 SF 8,000 SF 101 DAVID'S BRIDAL 7,500 SF PYLON SIGN FUTURE VERIZON FIOS 2,349 SF 607 SPRINT 2,600 SF PYLON SIGN P AC NOT A PART PHASE II PHASE II AREA SUMMARY (INLINE) FURNITURE SPECIALTY STORES RESTAURANTS HEALTH & BEAUTY GLA 34,540 SF 298,199 SF 26,363 SF 58,917 SF 49,152 SF 467,171 SF AREA SUMMARY (OUT PARCELS) WENDY'S DENNY'S CVS SILVER DINER GLA TOTAL GLA 4,500 SF 5,000 SF 12,900 SF 7,958 SF 34,262 SF 501,433 SF ROUTE 301 (CRAIN HIGHWAY) DAILY TRAFFIC ON HIGHWAY 301 AND 228 EXCEEDS 100,000 CARS PER DAY OVER 2,500 PARKING SPACES PAD SITES P AC PHASE II 6.5 AC Christina Davies Christina.Davies@MadisonMarquette.com 0' 50' 100' 150' 200' 1"=200' This plan is for the purpose of site location and general arrangement only, indicating relative store locations. It is not intended as an inducement or as representation that the identities of the occupants now or ever will be set forth herein. Landlord reserves the right to change the identities of the occupants, vary the uses, N 7 LEASE PLAN 04/14/17
8 SITE PLAN Site Plan Key LEASED PYLON SIGN NOT A PART PYLON SIGN 24,561 SF ,307 SF P7 P7 24,561 SF ,307 SF 6,051 SF 305 6,051 SF ,432 SF ,432 SF AV 30 AIL,7 A 19 BL SF E AV 30 AIL,7 A 19 BL SF E 91 FUTURE FUTURE FUTURE FUTURE ,537 SF ,537 SF ,047 SF 321 1,047 SF ,766 SF A 605B PYLON SIGN FUTURE FUTURE A 605B 607 P1 P A 05 4,3 VAI 78 L. SF P FUTURE FUTURE 407 2,766 SF 1 A 05 4,3 VAI 78 L. SF 601 PYLON SIGN P2 P1 P2 P AC P AC PYLON SIGN PYLON SIGN 8
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16 DEMOGRAPHIC PROFILE 2017 and 2022 Esri Forecasts. Converted Census 2000 data into 2010 geography Lat/Lon: / MILES 3 MILE S 5 MILES 1 MILES 3 MILE S 5 MILES 1 MILES 3 MILE S 5 MILES 1 MILES 3 MILE S 5 MILES POPULATION SUMMARY 2017 POPULATION 15+ BY MARITAL STATUS 2017 HOUSEHOLDS BY INCOME 2017 EMPLOYED POPULATION 16+ BY OCCUPATION 2000 Total Population 4,634 52,329 64,455 Total Population 15+ 4,605 51,955 70,919 <$15, % 5.3% 4.5% White Collar 67.0% 65.3% 67.3% 2010 Total Population 5,684 61,197 78,831 Never Married 39.6% 38.0% 36.3% $15,000 - $24, % 4.5% 3.9% Management/Business/Financial 20.8% 18.6% 19.1% 2017 Total Population 5,788 65,621 89,590 Married 45.5% 46.5% 48.4% $25,000 - $34, % 4.4% 3.9% Professional 25.7% 22.5% 23.3% 2017 Group Quarters Widowed 2.0% 3.8% 4.0% $35,000 - $49, % 8.6% 7.9% Sales 5.4% 8.1% 8.3% 2022 Total Population 6,080 69,900 97,124 Separated or Divorced 12.9%.7%.3% $50,000 - $74, % 17.8% 16.8% Administrative Support 15.1% 16.1% 16.6% Annual Rate 0.99% 1.27% 1.63% 2017 Total Daytime Population,945 53,103 68,874 Workers 9,201 22,455 27,299 Residents 2,744 30,648 41, POPULATION BY AGE Population Age % 6.6% 6.6% Population Age % 6.9% 6.9% Population Age % 7.3% 7.3% Population Age % 13.8% 13.3% Population Age % 15.7% 15.1% Population Age % 14.4% 14.7% Population Age % 15.0% 15.1% Population Age %.3%.4% Population Age % 5.9% 6.4% Population Age % 2.2% 2.4% Population Age % 0.9% 0.9% Population Age % 74.9% 74.9% Median Age POPULATION BY SEX Male Population 2,716 30,873 42,419 Female Population 3,073 34,747 47, POPULATION BY RACE/ETHNICITY White Alone 21.2% 28.8% 30.7% Black Alone 64.8% 58.3% 56.7% American Indian Alone 0.4% 0.5% 0.5% Asian Alone 5.9% 4.3% 4.4% Pacific Islander Alone 0.2% 0.1% 0.1% Some Other Race Alone 2.2% 2.8% 2.5% Two or More Races 5.3% 5.2% 5.0% Hispanic Origin 7.1% 8.0% 7.6% Diversity Index POPULATION 25+ BY EDUCATIONAL ATTAINMENT Total 3,804 42,900 59,031 Less than 9th Grade 2.9% 2.1% 2.0% 9th - 12th Grade, No Diploma 4.0% 4.6% 4.6% High School Graduate 24.2% 26.9% 26.1% GED/Alternative Credential 2.3% 3.2% 3.1% Some College, No Degree 29.0% 25.8% 25.2% Associate Degree 8.5% 8.8% 9.0% Bachelor's Degree 19.5% 17.7% 18.9% Graduate/Professional Degree 9.5% 10.9%.0% HOUSEHOLDS SUMMARY 2000 Households 1,683 18,008 22, Average Household Size Households 2,083 21,464 27, Average Household Size Households 2,068 22,959 31, Average Household Size Households 2,162 24,413 33, Average Household Size Annual Rate 0.89% 1.24% 1.59% 2010 Families 1,532 15,689 20, Average Family Size Families 1,512 16,634 23, Average Family Size Families 1,571 17,6 24, Average Family Size Annual Rate 0.77% 1.15% 1.52% HOUSING UNIT SUMMARY 2017 Housing Units 2,249 24,748 33,596 Owner Occupied Housing Units 71.2% 63.2% 67.6% Renter Occupied Housing Units 20.8% 29.6% 25.5% Vacant Housing Units 8.0% 7.2% 6.9% $75,000 - $99, % 15.8% 15.0% $100,000 - $149, % 24.7% 26.7% $150,000 - $199, %.5% 12.8% $200, % 7.3% 8.5% Average Household Income $0,720 $101,102 $107,310 Median Household Income $92,721 $87,930 $95,721 Per Capita Income $37,816 $35,854 $37, OWNER OCCUPIED HOUSING UNITS BY VALUE Total 1,601 15,634 22,718 <$50, % 1.3% 1.3% $50,000 - $99, % 0.6% 0.7% $100,000 - $149, % 2.8% 2.3% $150,000 - $199, % 10.4% 8.7% $200,000 - $249, % 17.6% 15.5% $250,000 - $299, % 18.3% 17.4% $300,000 - $399, % 32.0% 31.7% $400,000 - $499, % 10.8% 12.8% $500,000 - $749, % 5.5% 8.4% $750,000 - $999, % 0.3% 0.9% $1,000, % 0.4% 0.4% Average Home Value $336,470 $314,660 $335, EMPLOYED POPULATION 16+ BY INDUSTRY Total 3,048 35,231 48,323 Agriculture/Mining 0.0% 0.1% 0.1% Construction 4.0% 5.0% 5.6% Manufacturing 1.0% 2.4% 2.4% Wholesale Trade 0.6% 1.1% 1.3% Retail Trade 8.3%.6%.3% Transportation/Utilities 4.9% 5.4% 5.5% Information 1.0% 1.3% 1.6% Finance/Insurance/Real Estate 6.1% 3.7% 3.8% Services 53.0% 48.3% 47.3% Public Administration 21.2% 21.1% 21.1% Services 17.9% 18.6% 17.1% Blue Collar 15.1% 16.2% 15.6% Farming/Forestry/Fishing 0.0% 0.0% 0.0% Construction/Extraction 2.8% 3.7% 4.0% Installation/Maintenance/Repair 3.1% 4.2% 3.8% Production 1.1% 2.4% 2.1% Transportation/Material Moving 8.1% 5.9% 5.6% 2017 CONSUMER SPENDING Apparel & Services: Total $ $6,209,807 $63,159,575 $91,121,671 Average Spent $3, $2, $2, Education: Total $ $4,248,770 $43,278,768 $62,786,866 Average Spent $2, $1, $2, Entertainment/Recreation: Total $ $8,721,952 $88,408,928 $127,693,530 Average Spent $4, $3, $4, Food at Home: Total $ $13,731,341 $140,135,947 $200,001,626 Average Spent $6, $6, $6, Food Away from Home: Total $ $9,474,674 $96,481,4 $138,530,320 Average Spent $4, $4, $4, Health Care: Total $ $15,213,695 $152,847,050 $220,473,593 Average Spent $7, $6, $7, HH Furnishings & Equipment: Total $ $5,517,933 $55,670,407 $80,426,795 Average Spent $2, $2, $2, Personal Care Products & Services: Total $ $2,261,704 $22,914,023 $33,003,607 Average Spent $1, $ $1, Shelter: Total $ $45,732,946 $471,437,477 $676,019,359 Average Spent $22,4.58 $20, $21, Support Payments/Cash Contributions/ Gifts in Kind: Total $ $6,491,701 $65,684,196 $95,403,603 Average Spent $3, $2, $3, Travel: Total $ $5,997,589 $60,679,278 $88,683,977 Average Spent $2, $2, $2, Vehicle Maintenance & Repairs: Total $ $2,944,555 $29,924,462 $43,018,609 Average Spent $1, $1, $1,
17 PSYCHOGRAPHIC PROFILE POPULATION (5 MILES) EMPLOYMENT (5 MILES) Tapestry Segments (5 Miles) 69% 4A Soccer Moms 18% 5,741 households of Households White Collar 89, % 4.9% 1C Boomburbs 15% 4,657 households of Households 2017 Total Population Annual Growth Annual Growth Annual Growth Blue Collar Services 15% Unemployment Rate 2B Pleasantville 12% 3,620 households of Households INCOME (5 MILES) 7% EDUCATION (5 MILES) Soccer Moms Soccer Moms is an affl uent, family-oriented market with a country fl avor. Residents are partial to new housing away from the bustle of the city but close enough to commute to professional job centers. Life in this suburban wilderness offsets the hectic pace of two working parents with growing children. They favor time-saving devices, like banking online or housekeeping services, and family-oriented pursuits. $107, Average HH Income $95, Median HH Income BUSINESS (5 MILES) $37, Per Capita Income No High School Diploma Age Pyramid (5 Miles) % High School Graduate 34% Some College 30% Bachelor's/Grad/Prof Degree The largest group: 2017 Females Age Boomburbs This is the new growth market, with a profi le similar to the original: young professionals with families that have opted to trade up to the newest housing in the suburbs. The original Boomburbs neighborhoods began growing in the 1990s and continued through the peak of the housing boom. Most of those neighborhoods are fully developed now. This is an affl uent market but with a higher proportion of mortgages. Rapid growth still distinguishes the Boomburbs neighborhoods, although the boom is more subdued now than it was 10 years ago. So is the housing market. Residents are well-educated professionals with a running start on prosperity. 2,884 Total Businesses 34,290 Total Employees % % The smallest group: 2017 Males Age 85+ Dots show comparison to Charles County Pleasantville Prosperous domesticity best describes the settled denizens of Pleasantville. Situated principally in older housing in suburban areas in the Northeast (especially in New York and New Jersey) and secondarily in the West (especially in California), these slightly older couples move less than any other market. Many couples have already transitioned to empty nesters; many are still home to adult children. Families own older, single-family homes and maintain their standard of living with dual incomes. These consumers have higher incomes and home values and much higher net worth (Index 400). Older homes require upkeep; home improvement and remodeling projects are a priority preferably done by contractors. Residents spend their spare time participating in a variety of sports or watching movies. They shop online and in a variety of stores, from upscale to discount, and use the Internet largely for fi nancial purposes. 17
18 RETAIL KNOWLEDGE n REAL ADVANTAGE Retail Availability: 501,433 Square Feet of Total Retail For Retail Leasing Information, Please Contact: Ray R. Schupp rschupp@hrretail.com Geoffrey L. Mackler gmackler@hrretail.com Bryan C. Davis bdavis@hrretail.com H&R Retail, Inc. n WASHINGTON, DC 7201 Wisconsin Avenue Suite 600 Bethesda, MD Telephone: /02/18 Information herein has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. Independent confirmation of its accuracy and completeness is your responsibility, H&R Retail, Inc. WASHINGTON, DC n BALTIMORE, MD
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