2413 london bridge road - loopnet...309’ on london bridge road 211’ on strawbridge road....

2413 London Bridge RoadFOR SALE

VIRGINIA BEACH | VA, 23456

© 2018 CB Richard Ellis of Virginia, Inc. Part of the CBRE affiliate network. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. 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. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

CONTACT USNed BrooksSenior Vice PresidentT +1 757 228 1829F +1 757 490 [email protected]

Tyler BrooksSenior AssociateT +1 757 213 8110F +1 757 490 [email protected]

PROPERTY INFO

CBRE|Hampton Roads | 150 West Main Street | Suite 1100 | Norfolk | VA, 23510 | +1 757 490 3300 | www.cbre.us/norfolk

LAND SIZE: 3.1 acres

BUILDING SIZE: +/- 6,500 sq. ft.

ZONED: B-2

SALES PRICE: $2,000,000

STREET FRONTAGE: 309’ on London Bridge Road 211’ on Strawbridge Road

PARKING: 41 spaces

ACCESS: 2 points of access

YEAR BUILT: 1987

GENERAL: This property is part of the dynamic Strawbridge and Red Mill section of southern Virginia Beach

TRAFFIC COUNTS: 21,000 VPD on London Bridge

2018 Demographics

1-Mile 3-Mile 5-Mile

Population 8,482 55,096 115,523

Average Household Income $106,043 $104,471 $93,616

Daytime Population 6,252 52,881 119,757



PLAT



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London Bridge Road



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StrawbridgeMarketplace

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London Bridge Road

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Nimmo Parkway

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Strawbridge Marketplace

WALMARTRed Mill Commons

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MAP

Copyright © 1988-2005 Microsoft Corp. and/or its suppliers. All rights reserved. http://www.microsoft.com/streets/© 2004 NAVTEQ. All rights reserved. This data includes information taken with permission from Canadian authorities © Her Majesty the Queen in Right of Canada. © Copyright 2004 by TeleAtlas North America, Inc. All rights reserved.

0 mi 0.5 1 1.5 2



DEMOGRAPHICSDEMOGRAPHIC PROFILE

2413 LONDON BRIDGE RD

1 MILE 3 MILES 5 MILES

2018 Businesses 294 1,509 4,320

2018 Employees 3,442 16,965 54,741

2018 Population - Current Year Estimate 8,482 55,096 115,523

2023 Population - Five Year Projection 8,661 56,642 118,184

2010 Population - Census 8,227 52,515 110,821

2000 Population - Census 6,925 47,077 104,357

2010-2018 Annual Population Growth Rate 0.37% 0.58% 0.50%

2018-2023 Annual Population Growth Rate 0.42% 0.56% 0.46%

2018 Population 8 ,482 55 ,096 115 ,523

Age 0-4 520 6.1% 3,198 5.8% 7,429 6.4%

Age 5-9 587 6.9% 3,489 6.3% 7,581 6.6%

Age 10-14 640 7.5% 3,881 7.0% 7,626 6.6%

Age 15-19 630 7.4% 4,010 7.3% 7,643 6.6%

Age 20-24 487 5.7% 3,918 7.1% 8,871 7.7%

Age 25-29 513 6.0% 4,146 7.5% 10,157 8.8%

Age 30-34 525 6.2% 3,905 7.1% 9,080 7.9%

Age 35-39 581 6.8% 3,647 6.6% 8,011 6.9%

Age 40-44 625 7.4% 3,729 6.8% 7,442 6.4%

Age 45-49 705 8.3% 4,141 7.5% 7,891 6.8%

Age 50-54 700 8.3% 4,385 8.0% 8,181 7.1%

Age 55-59 645 7.6% 4,156 7.5% 7,759 6.7%

Age 60-64 468 5.5% 2,963 5.4% 5,984 5.2%

Age 65-69 340 4.0% 2,086 3.8% 4,485 3.9%

Age 70-74 212 2.5% 1,337 2.4% 3,069 2.7%

Age 75-79 148 1.7% 859 1.6% 1,971 1.7%

Age 80-84 85 1.0% 569 1.0% 1,193 1.0%

Age 85 and Older 71 0.8% 677 1.2% 1,150 1.0%

2018 Median Age 37.9 36.4 34.7

2018 Population 8 ,482 55 ,096 115 ,523

Generation Alpha (Born 2017 or Later) 201 2.4% 1,245 2.3% 2,935 2.5%

Generation Z (Born 1999-2016) 2,175 25.6% 13,333 24.2% 27,344 23.7%

Millennials (Born 1981-1998) 1,869 22.0% 14,162 25.7% 33,007 28.6%

Generation X (Born 1965-1980) 2,132 25.1% 12,845 23.3% 25,011 21.7%

Baby Boomers (Born 1946-1964) 1,727 20.4% 10,941 19.9% 21,834 18.9%

Greatest Generations (Born 1945 or Earlier) 378 4.5% 2,569 4.7% 5,391 4.7%

©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:373720

PLACE OF WORK

POPULAT ION

A G E

GENERAT IONS

DEMOGRAPHIC PROFILE



2018 Population 8 ,482 55 ,096 115 ,523White 6,817 80.4% 42,181 76.6% 77,328 66.9%Black or African American 725 8.5% 6,430 11.7% 20,814 18.0%Asian 401 4.7% 2,753 5.0% 7,895 6.8%American Indian or Alaska Native 20 0.2% 161 0.3% 424 0.4%Pacific Islander 12 0.1% 85 0.2% 234 0.2%Other Race 149 1.8% 960 1.7% 2,891 2.5%Two or More Races 358 4.2% 2,526 4.6% 5,937 5.1%

Hispanic 683 8.1% 4,412 8.0% 10,890 9.4%White Non-Hispanic 6,392 75.4% 39,455 71.6% 71,480 61.9%

2018 Population 25 and Over 5 ,621 36 ,599 76 ,372Less than 9th Grade 57 1.0% 440 1.2% 1,373 1.8%9-12th Grade - No Diploma 113 2.0% 998 2.7% 3,086 4.0%High School Diploma 971 17.3% 6,176 16.9% 14,258 18.7%GED or Alternative Credential 136 2.4% 1,247 3.4% 3,118 4.1%Some College - No Degree 1,439 25.6% 9,362 25.6% 19,523 25.6%Associate`s Degree 599 10.7% 4,333 11.8% 9,345 12.2%Bachelor`s Degree 1,536 27.3% 9,504 26.0% 17,687 23.2%Graduate or Professional Degree 770 13.7% 4,539 12.4% 7,982 10.5%

2018 Population 8 ,482 55 ,096 115 ,523Males 4,093 48.3% 27,466 49.9% 57,638 49.9%Females 4,389 51.7% 27,630 50.1% 57,884 50.1%

2018 Population 15+ 6 ,736 44 ,528 92 ,886Never Married 1,495 22.2% 12,421 27.9% 29,683 32.0%Married 4,307 63.9% 26,391 59.3% 50,245 54.1%Widowed 230 3.4% 1,599 3.6% 3,293 3.5%Divorced 704 10.5% 4,117 9.2% 9,665 10.4%

2018 Civi l ian Population 16+ in Labor Force 4 ,302 27 ,093 57 ,3612018 Employed Civilian Population 16+ 4,168 96.9% 26,258 96.9% 55,293 96.4%2018 Unemployed Population 16+ 135 3.1% 835 3.1% 2,068 3.6%

2018 Employed Civi l ian Population 16+ 4 ,168 26 ,258 55 ,293White Collar 3,060 73.4% 18,306 69.7% 35,386 64.0%Services 710 17.0% 4,545 17.3% 10,469 18.9%Blue Collar 400 9.6% 3,407 13.0% 9,437 17.1%


RACE AND ETHNIC ITY

EDUCAT ION

GENDER

MAR ITAL STATUS

EMPLOYMENT STATUS

CLASS OF WORKER



DEMOGRAPHICSDEMOGRAPHIC PROFILE



2018 Daytime Population 6 ,252 52 ,881 119 ,757Daytime Workers 2,220 35.5% 27,655 52.3% 65,454 54.7%Daytime Residents 4,032 64.5% 25,226 47.7% 54,303 45.3%

2018 Households - Current Year Estimate 2,907 17,920 39,3592023 Households - Five Year Projection 2,966 18,358 40,2092010 Households - Census 2,823 17,156 37,9212000 Households - Census 2,214 14,313 34,250

2010-2018 Annual Household Growth Rate 0.36% 0.53% 0.45%2018-2023 Annual Household Growth Rate 0.40% 0.48% 0.43%

2018 Average Household Size 2.92 2.97 2.84

2018 Households 2 ,907 17 ,920 39 ,359Under $15,000 123 4.2% 755 4.2% 2,098 5.3%$15,000-$24,999 108 3.7% 726 4.1% 2,008 5.1%$25,000-$34,999 116 4.0% 839 4.7% 2,673 6.8%$35,000-$49,999 189 6.5% 1,520 8.5% 4,668 11.9%$50,000-$74,999 458 15.8% 3,066 17.1% 7,481 19.0%$75,000-$99,999 562 19.3% 3,116 17.4% 6,329 16.1%$100,000-$149,999 762 26.2% 4,559 25.4% 8,183 20.8%$150,000-$199,999 377 13.0% 1,874 10.5% 3,319 8.4%$200,000 and Over 213 7.3% 1,466 8.2% 2,601 6.6%

2018 Average Household Income $106,043 $104,471 $93,6162023 Average Household Income $123,029 $119,631 $107,7482018 Median Household Income $94,158 $89,665 $77,2152023 Median Household Income $103,648 $99,858 $84,8692018 Per Capita Income $35,111 $35,103 $32,6642023 Per Capita Income $40,704 $40,022 $37,426

2018 Owner Occupied Housing Units 2 ,460 14 ,177 26 ,925Under $50,000 10 0.4% 100 0.7% 279 1.0%$50,000-$99,999 0 0.0% 47 0.3% 295 1.1%$100,000-$149,999 41 1.7% 270 1.9% 1,345 5.0%$150,000-$199,999 52 2.1% 769 5.4% 2,702 10.0%$200,000-$249,999 256 10.4% 2,163 15.3% 4,768 17.7%$250,000-$299,999 559 22.7% 2,850 20.1% 4,845 18.0%$300,000-$399,999 976 39.7% 3,716 26.2% 6,069 22.5%$400,000-$499,999 342 13.9% 1,971 13.9% 2,810 10.4%$500,000-$749,999 180 7.3% 1,742 12.3% 2,403 8.9%$750,000-$999,999 29 1.2% 439 3.1% 867 3.2%$1,000,000-$1,499,999 4 0.2% 54 0.4% 266 1.0%$1,500,000-$1,999,999 10 0.4% 23 0.2% 113 0.4%$2,000,000 and Over 1 0.0% 34 0.2% 162 0.6%

2018 Median Value of Owner Occ. Housing Units $331,967 $323,950 $292,0332018 Average Value of Owner Occ. Housing Units $359,319 $373,074 $357,270


DAYT IME POPULAT ION

HOUSEHOLDS

HOUSEHOLD INCOME

HOUS ING VALUE

DEMOGRAPHIC PROFILE


NAME LATITUDE LONGITUDE

2413 LONDON BRIDGE RD 36.77112 -76.0221405

©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:373720

2413 london bridge road - loopnet...309’ on london bridge road 211’ on strawbridge road....

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