building plastics, inc bpi corporate headquarters

OFFERING MEMORANDUM

11.88 Acre Warehouse Single Tenant Located in Proximity to FedEx Worldwide Hub

MEMPHISTENNESSEE

BUILDING PLASTICS, INC

BPI Corporate Headquarters Distribution Facility

CONFIDENTIALITY AND DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein.

NON-ENDORSEMENT NOTICEMarcus & Millichap Real Estate Investment Services, Inc. (“M&M”) 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 M&M, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of M&M, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

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 YOURMARCUS & MILLICHAP AGENT FOR MORE DETAILS.

Adair

Adams

Adamsville

Alexandria

Allardt

Altamont

Ardmore

Arlington

Atoka

AtwoodAuburntown

Baileyton

Baxter

Beersheba Springs

Bell Buckle

Bells

Benton

Berry Hill

Big Sandy

Biltmore

Blaine

Bluff City

Boones Creek

Braden

Bradford

Brighton

Bruceton

Bulls Gap

Burlison

Burns

Byrdstown

Calhoun

Cedar Hill Celina

Centertown

Chapel Hill

Charleston

Charlotte

Clarksburg

Clifton

Coalmont

Collinwood

Cornersville

Cottage Grove

Cowan

Crab Orchard

Cross Plains

Cumberland City

Cumberland Gap

Dandridge

Decatur

Decaturville

Denmark

Dover

Dowelltown

Doyle

Ducktown

Eagleville

East Cleveland

Eastview

Elkton

Englewood

Enville

Erin

Estill Springs

Ethridge

Fairmount

Fall Branch

Finger

Finley

Friendship

FriendsvilleGadsden

Gainesboro

Gallaway

Garland

Gates

Gibson

Gilt Edge

Gleason

Gordonsville

Grand Junction

Gray

Graysville

GreenbackHenning

Henry

Hickory Valley

Hollow Rock

Hornbeak

Hornsby

Hunter

Huntland

Huntsville

Iron City

Jacksboro

Karns

Kenton

Kimball

Kingston Springs

La Grange

Lakeland

Lakesite

Liberty

Linden

Lobelville

Lookout Mountain

Loretto

Luttrell

Lynchburg

Lynnville

Mason

Maury City

Maynardville

McEwen

McLemoresville

Medina

Medon

MichieMiddleton

Milledgeville

Minor Hill

Mitchellville

Monteagle

Morrison

Moscow

Mosheim

New Hope

New Johnsonville

New Market

New Tazewell

Niota

Normandy

Norris

Oakdale

Oakland

Obion

Orebank

Orlinda

Orme

Palmer

Parrottsville

Pegram

Petersburg

Petros

Philadelphia

Pigeon Forge

Piperton

Pittman Center

Pleasant Hill

Powells Crossroads

Puryear

Ramer

Red Boiling Springs

Richard City

Ridgely

Ridgeside

Ridgetop

Rives

Roan Mountain

Rockford

Rossville

Russellville

Rutherford

Rutledge

Saltillo

Samburg

Sardis

Saulsbury

Scotts Hill

Sharon

Silerton

Slayden

Sneedville

South Carthage

South Clinton

Spencer

Spring City

Spring Hill

St. Joseph

Stanton

Stantonville

Surgoinsville

Tellico Plains

Tennessee Ridge

Toone

Townsend

Tracy City

Trezevant

Trimble

Troy

Tusculum

Vanleer

Viola

Vonore

Walden

Wartburg

Wartrace

Watauga

Watertown

Westmoreland

White Pine

Whiteville

Whitwell

Wildwood Lake

Williston

Woodland Mills

Yorkville

Alamo

Algood

Ashland City

Banner Hill

Belle Meade

Berrys Chapel

BlountvilleBridwell Heights

Camden

Carthage

Caryville

Centerville

Central

Cherokee

Church Hill

Collegedale

Decherd

Dresden

Dunlap

Dyer

Erwin

Etowah

Fairview

Fordtown

Forest Hills

Gatlinburg

Greenbrier

Greenfield

Halls

Hampton

Harrogate-Shawanee

Hartsville

Henderson

Hohenwald

Huntingdon

Indian Springs

Jamestown

Jasper

Jellico

Jonesboro

Kingston

Lafayette

Lake CityLakewood

Livingston

Loudon

Madisonville

Mascot

Midway

Monterey

Morrison City

Mount Carmel

Mount Juliet

Mount Pleasant

Mountain City

Munford

Newbern

Oak Grove

Oak Hill

Oliver Springs

Oneida

Parsons

Pikeville

Pine Crest

Portland

Rogersville

Selmer

Sevierville

Sewanee

Smithville

Somerville

South Cleveland

South Fulton

South Pittsburg

Sparta

Spurgeon

Sullivan Gardens

Sweetwater

Tazewell

Tiptonville

Trenton

Valley Forge

Walnut Hill

Waverly

Waynesboro

West Johnson City

White Bluff

White House

Woodbury

Alcoa

Bolivar

Brentwood

Brownsville

Clinton

Collierville

Colonial Heights

Concord

Covington

Crossville

Dayton

Dickson

Eagleton Village

Fayetteville

Goodlettsville

Harriman

Harrison

Jefferson City

La Follette

La Vergne

Lenoir City

Lewisburg

Lexington

Lynn Garden

Manchester

Martin

McKenzie

Milan

Newport

Powell

Pulaski

Ripley

Rockwood

Savannah

Signal Mountain

Smyrna

Soddy-Daisy

Summit

WinchesterCleveland

Columbia

Hendersonville

Jackson

Johnson City

Kingsport

Murfreesboro

Oak Ridge

Athens

Bartlett

Bloomingdale Bristol

Cedar Bluff

Cookeville

Dyersburg

East Ridge

Elizabethton

Franklin

Gallatin

Germantown

Greeneville

Halls

Humboldt

Lawrenceburg

Lebanon

Maryville

McMinnville

Middle Valley

Millington

Morristown

Paris

Red Bank

Shelbyville

Springfield

Tullahoma

Union City

Chattanooga

Knoxville

Clarksville

Memphis

Nashville

100

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128 13

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25

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25E

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NATCHEZ TRACE PKWY.

FOOTH

ILLS

PKW

Y.

155

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Investment Summary .........................................1BPI Building Schematic Breakdown .....................3Site Plan ............................................................4Investment Highlights.........................................5Location Overview ....................................... 7 & 9Aerial Maps ....................................... 10 , 11 & 12Location Map ...................................................14Tenant Summary ..............................................15Location Highlights ...........................................16Demographics ..................................................17

TABLE OF CONTENTS

BUILDING PLASTICS, INCBPI Corporate Headquarters Distribution Facility

O V E R V I E W

Price $9,871,200

Gross Leasable Area (GLA) 183,774 SF

Lot Size (approx) 11.88 Acres

Net Operating Income $760,081

CAP Rate 7.70%

Year Built / Renovated 1986/2000

A N N U A L I Z E D O P E R AT I N G D ATA

Lease Term Annual Rent

Current Term $760,081

2020 $775,283

2021 $790,788

2022 $806,604

2023 $822,736

2024 $839,191

2025 $855,975

3262 SHARPE AVE, AND 1720-1730 CHEROKEE BLVD, MEMPHIS, TN 38111

PRICE: $9,871,200 CAP: 7.70% RENT: $760,081

INVESTMENT SUMMARY

L E A S E A B S T R A C T

Lease Type NNN

Original Lease Term 20 Years

Lease Term Commenced 2/17/2005

Lease Expiration 1/31/2025

Remaining Lease Term 6 Years

Renewal Options 2x5

Increases 2% Annual

Roof and Structure Tenant Responsible

1

* Priced on November 2019 rent. Seller to credit buyer differential at COE.


B P I B U I L D I N G S

Buildings 2

APN 05-9037-0-0142C

BPI BUILDING SCHEMATIC BREAKDOWN

S E C O N D B U I L D I N G 1720-1730 Cherokee Blvd

Total SF 9,895 SF

Lot Size 1.108 Acres

Stories Single

Type Retail, Office, Warehouse

Location Immediately adjacent to 3262 Sharpe Ave building

Primary Use Office retail showroom

G E N E R A L A S P E C T S

Lighting Warehouse T5 lighting

Generators Two emergency generators

HVAC 22 HVAC units (upgraded / replaced in 2013+/-)

Roofing Partial replaced in 2006 (w/10-yr roof warranty)

F I R S T B U I L D I N G 3262 Sharpe Ave

Total SF 183,774

Lot Size 11.88 Acres

Stories Two story (Partial, like a mezzanine portion)

Type Distribution Building, Warehouse, Showroom, Office

Exterior Walls Tilt-up

Distribution Portion 173,879 SF on 10.78 acres

Docks40 high-loading doors

28 have auto levers 8 are ground level

Built Two phase construction: 1st Phase 66,000 SF 19862nd phase: 107,000 SF built in 2000

Office Space 28,458 SFMade up of exec offices, admin, sales & retail showroom

Clear Height 31

Sprinklers In warehouse (ESFR) sprinklers throughout

3


SITE PLAN

CH

ERO

KEE

BLV

D

SHARPE AVE

Constructed in 1986 - 73,895 SF

Constructed in 2000 - 107,000 SF

ONE STORY WAREHOUSE173,879 SF

ONE STORY

WAREHOUSE

9,895 SF

TWO STORY OFFICE - 28,458 SF1ST FLOOR - SHOWROOM / 2ND FLOOR - OFFICE

PRES

COTT R

D

DO

CK

DO

OR

S

DOCK DOORS

4


INVESTMENT HIGHLIGHTS t Largest Flooring Distributor in the South

t Two Industrial/Flex/Warehouse Buildings on a 11.88 Acre Lot

t Company Head Quarter Location - Flagship Unit

t Warehouse Recipient of Numerous Capital Improvements in Recent Years

t T-5 Warehouse Lighting, Two Emergency Generators and 22 HVAC Units Have Been Upgraded or Replaced

t 40-Dock-High Doors

t Portion of Roof Was Replaced in 2006, With 10-Year Warranty

223,138TOTAL POPULATION WITHIN 5-MILE RADIUS

$60,643AVERAGE HOUSEHOLD INCOME WITHIN 5-MILE RADIUS

6,428 VPD - SHARPE AVE

4,035 VPD - CHEROKEE BLVD

5

INVESTMENT HIGHLIGHTSThis 20 year, two building industrial NNN lease offers an investor a passive investment opportunity to acquire a 11.88 acre property made up of 28,458 SF of office and 155,316+/- SF wholesale showroom/warehouse space. Redundancy systems, new HVAC units and 2 emergency generators support the site as well. Located in the SE industrial submarket, Memphis’ largest industrial submarket. Site consists of showrooms, conference rooms, offices, and an IT room.

NNNTrue NNN lease with

no landlord obligationsStrong lease terms that hedge’s

against inflation by offering 3% annual rent bumps

Privately held company with annual sales of

$176.11(Mil)+/-, founded in 1963, offering security in business practice

Densely populated region with over 226,570 residents

Located mere blocks from the FedEx Worldwide hub, national rail lines and the

International airport

6

MEMPHIS, TENNESSEEMemphis is the largest city in Tennessee, with a metro area population

of more than 1.33 million. The city is located at the confluence of

the Wolf and Mississippi rivers, as well as the eastern border that

Tennessee shares with Arkansas. As the largest city on the Mississippi

River, Memphis is ideally located for commerce in the transportation

and shipping industry.

Memphis has one of the most important and robust transportation

infrastructures in the country. It serves as the primary hub and corporate

international headquarters for FedEx. Largely due to FedEx, Memphis

International Airport is the second-busiest cargo airport in the world.

The metro also has an extensive rail network served by five Class I

railroads including BNSF, CSX, Union Pacific, Norfolk Southern and

Canadian National. Routes I-55 and I-40 are two of the busiest trucking

corridors in the nation, and will be supplemented by I-65 and I-22,

which were completed in 2016. In addition, the Port of Memphis is the

fourth largest inland port in the United States.

The trade, transportation and utilities sector are the major economic

drivers for Memphis. These industries employ one out of every four

workers in the city, making it the most concentrated area for trade,

transportation and utilities in the nation. The city enjoys continued

logistical success due to strong consumer demand, low oil prices, and a

shift to online shopping. A few of the major companies with headquarters

in the city include International Paper, AutoZone, ServiceMaster and

FedEx. Memphis is also home to St. Jude Children’s Research Hospital,

one of the world’s premier centers for the research and treatment of

catastrophic diseases in children.

Memphis is recognized as the home of the blues and the birthplace

of rock ‘n’ roll. Many musicians, including Aretha Franklin, Johnny

Cash, Elvis Presley, Otis Redding, Al Green and B.B. King, got their

start in Memphis in the 1950s and 1960s. The city hosts several music

festivals, none bigger than Memphis in May, a month-long series of

events promoting musical heritage and outreach. The city also hosts

the International Jazz Festival, Memphis Italian Festival, Africa in April

Awareness Festival and Carnival Memphis, drawing visitors and fans of

music from cities across the country.

LOCATION OVERVIEW

7


MEMPHIS INTERNATIONAL AIRPORT AND FEDEX WORLD HUB Memphis International Airport, MEM, serves an average of 140,000

passengers every month and is the No.2 cargo focused airport in the

world. Over 4.4 million passengers passed through MEM in 2018 alone,

which was an increase of 200,000 passengers from the previous year.

Downtown Memphis, Graceland, and many other attractions are only a

15-minute cab ride away from the airport. MEM is also embarking on a

new plan to modernize and consolidate airlines and retain operations.

MEM is also a “Super Hub” for FedEx World Hub. Approximately

4.2 billion pounds of packages go through the airport each year. This

has made MEM the busiest cargo airport in North America.

Over 150 FedEx planes touchdown in Memphis each night during peak

holiday season. The amount of cargo increased by 3.08% with over

9.85 billion pounds handled in the past year. According to the University

of Memphis’ Sparks Bureau of Business and Economic Research/Center

for Manpower Studies, MEM has a $19.1 billion economic impact on

the greater Memphis region. The airport also supports 83,199 jobs.

FedEx World Hub, in Memphis, TN, is the epicenter for shipments in

America and is Memphis International Airport’s main tenant. It is a global

powerhouse with team members from over 37 different countries. It is

the oldest and largest facility in the FedEx World Hub network and is

strategically located in the heart of the continental U.S. FedEx World

Hub provides overnight service to the entire nation and serves 95% of

the global economy on a 24-48-hour basis. On average, they deliver

14 million shipments daily, which doubles during peak holiday season.

The “Super Hub” sorts through almost 18,000 packages every hour.

This allows for packages to be ordered and shipped the next day. FedEx

is also responsible for 99% of the overall cargo that is handled at MEM

and has a total of 40.9 million square feet of space under its lease at

the airport. As Fedex expands it has also absorbed many of the outlying

facilities located around the airport.

LOCATION OVERVIEW

9

I-240 AVRON B. FOGELMAN EXPRESSWAY

Moore Distributors Inc.

Focus Logistics

Memphis Depot Industrial Park

Lanter Distributing

Distribution Center

CWC Logistics

Distribution Center

Worldwide Hub

U.S. Customs & Border Protection

Federal Aviation Administration

Customer Center

ServicePoint

Customs Center

Versant Supply ChainPremier

Packaging

Warehouse

Off The Dock Fresh Seafood

Distribution Center

Distribution Warehouse

Distribution Center

Processing Centertm

Distribution Center

Quality Packaging Specialists

Distribution Center

10

LAMAR AVE - 30,900 VPD

CHERO

KEE BLVD - 6,428 VPD



SHARPE AVE - 4,035 VPD

11

Gordin’s Liquor & Wine Shoppe

PRES

COTT

RD

Gordin’s Liquor & Wine Distribution

Center

West End Roofing & Siding

Warehouse

The Canadian National Harrison Yard (NYSE:CNI) opened $100(mil) Memphis Yard (2009) reconstruction project. It is a 433-acre site. It is the 2nd largest rail yard in the United States and handles more than 3,100 freight cars and 25+ freight trains per day and runs 24/7 with over 21,000 route miles of track that span Canada and Mid-America.

The BNSF Rail Yard (Burlington Northern Sante Fe Corp) (NYSE:BNI) just completed their $200(mil) intermodal expansion. They are the largest freight railroad network in North America and cover 32,500 miles of track in 28 states and more than 8,000 locamotives. The parent company of BNSF is Berkshire Hathaway, Inc.

(4.8 miles from the site)

HARRISON YARD

(9 miles from the site)

12

55

40

40

40

55

69

69

269

269

240

240

14

78

72

72

51

51

79

79

79

61

61

61

64

64

177

79

MEMPHISWEST

MEMPHIS

EARLE

ATOK A

MARION

MILLINGTON

ARLINGTON

BAR TLE T T

EAST MEMPHIS

CAPLE VILLESOUTHHAVEN

CORDOVA

OLIVE BRANCH

LAKELAND

GERMANTOWN

ROBINSONVILLE

ARKANSAS

TENNESSEE

MISSISSIPPI

14


BUILDING PLASTICS, INCFounded by Alexander Hill in 1963 as a wholesale distributor of formica products, BPI’s first location was opened in Memphis, TN with 8 employees operating a 7,500 SF of warehouse space. Later they expanded to include hardwood flooring, vinyl sheeting and ceramic tile. Since 2000, BPI has continued to grow and become the second largest floor covering distributor in the country, and the largest distributor in the South. The success of BPI has allowed them to begin private labeling programs in hardwood, ceramic, sinks and carpet. They have expanded their product lines to include wall tile, fixtures, laminates, solid surfaces, counter-tops, panels, slot walls and installer supplies.

BPI’s wholesale floor covering and decorative surfacing distribution operations encompass 10 states and 765,000 square feet of warehouse facilities. They employ over 380 associates representing the industries best vendors and servicing in excess of 5,800 wholesale and retail customers.

The site is made up of two separate buildings, commonly known as 3263 Sharpe Avenue, and 1720 Cherokee Blvd, Memphis, TN. Originally built in 1986 and added to and rehab’d in 2000. The site has several points of ingress/egress onto the site; from Cherokee Boulevard, Sharpe Avenue, and an access road to Prescott.

Located just 140 miles from Little Rock, AR, 200 miles from Nashville, TN and 220 miles from Jackson, MS, the site in located at the hub of industrial shipping across the south. The site features direct access to I-22 (Hwy 78) and I-2540, as well as convenient access to I-55, Highway 385. The Federal Express National Shipping Hub and Memphis, TN International Airport are located just 2.7-miles from the site, as is national logistics rail hump yards, making the subject site strategically located in the heart of the nations and the world’s warehousing shipping and distribution.

In the immediate proximity: Ferguson Bath, Kitchen & Lighting Center is located adjacent to the site. American Screen & Door are also adjacent to the site. Phillips 66, Not So Used Trucks, and Payless Shoes are all located in the immediate neighborhood. Supervalue Grocers, Liberty Inn and King Furniture are also within a few blocks of the site. Samuels Furniture & Interiors showroom and warehouse, U-Haul, a Dollar Tree anchored shopping center and Suntrust Bank are also in the immediate MSA.

TENANT SUMMARY

15

55

40

40

40

55

69

69

269

269

240

240

14

78

72

72

51

51

79

79

79

61

61

61

64

64

177

79

MEMPHISWEST

MEMPHIS

EARLE

ATOK A

MARION

MILLINGTON

ARLINGTON

BAR TLE T T

EAST MEMPHIS

CAPLE VILLESOUTHHAVEN

CORDOVA

OLIVE BRANCH

LAKELAND

GERMANTOWN

ROBINSONVILLE

ARKANSAS

TENNESSEE

MISSISSIPPI

7.5 Miles to Downtown Memphis

LOCATION HIGHLIGHTS

Primary hub and corporate international

headquarters for FedEx Worldwide

Most concentrated area for trade, transportation,

and utilities jobs in the nation

MEMPHIS, TNHOME TO FEDEX WORLDWIDE SHIPPING HUB

Largest city in Tennessee, with a

metro population of 1.33 million

Memphis International Airport is the second-busiest cargo airport

in the worldM A J O R E M P L O Y E R S :

M E M P H I S , T N

FedEx Corporation 30,000

Tennessee State Government 14,800

United States Government 13,500

Shelby County Schools 12,700

Methodist Le Bonheur Healthcare 10,967

Naval Support Activity Mid-South 7,500

Baptist Memorial Healthcare 7,081

Kroger Co. 6,781

The City of Memphis 6,475

Walmart Stores Inc 5,600

2 Miles from the Int’l Airport and the

FedEx Worldwide Hub

16

DEMOGRAPHICS / MEMPHIS, TN

223,138Total Population Within 5-Mile Radius

$60,643Average Household Income

Within 5-Mile Radius

$36,155Median Household Income

Within 5-Mile Radius

88,086Total Households Within

17

Memphis International Airport

Worldwide Hub

POPULATION 1 MILE 3 MILES 5 MILES2023 Projection

Total Population 11,084 84,168 216,656

2018 Estimate


2010 Census


2000 Census


Current Daytime Population

2018 Estimate 8,467 113,085 313,255

HOUSEHOLDS 1 MILE 3 MILES 5 MILES2023 Projection

Total Households 4,247 32,396 86,726

2018 Estimate


Average (Mean) Household Size 2.65 2.55 2.48

2010 Census


2000 Census


Occupied Units

2023 Projection 4,247 32,396 86,726

2018 Estimate 5,313 39,541 105,862

HOUSEHOLDS BY INCOME 1 MILE 3 MILES 5 MILES2018 Estimate

$150,000 or More 2.15% 3.88% 6.57%

$100,000 - $149,000 4.07% 4.95% 7.14%

$75,000 - $99,999 5.87% 6.99% 8.36%

$50,000 - $74,999 14.20% 14.35% 15.14%

$35,000 - $49,999 16.04% 14.25% 13.95%

Under $35,000 57.67% 55.55% 48.84%

Average Household Income $41,683 $49,717 $60,643

Median Household Income $29,333 $30,874 $36,155

Per Capita Income $15,713 $19,187 $24,202

HOUSEHOLDS BY EXPENDITURE 1 MILE 3 MILES 5 MILESTotal Average Household Retail Expenditure $39,012 $42,446 $48,128

Consumer Expenditure Top 10 Categories

Housing $10,413 $11,118 $12,356

Transportation $6,811 $7,437 $8,393

Shelter $5,527 $5,897 $6,444

Food $4,075 $4,498 $5,110

Personal Insurance and Pensions $2,929 $3,004 $3,288

Utilities $2,708 $3,234 $4,100

Health Care $2,598 $2,826 $3,364

Entertainment $1,335 $1,551 $1,857

Apparel $1,286 $1,317 $1,573

Household Furnishings and Equipment $1,043 $1,092 $1,161

POPULATION PROFILE 1 MILE 3 MILES 5 MILESPopulation By Age

2018 Estimate Total Population 11,697 86,649 223,138

Under 20 28.74% 28.66% 27.40%

20 to 34 Years 21.85% 25.87% 23.85%

35 to 39 Years 5.74% 6.18% 6.33%

40 to 49 Years 10.79% 10.54% 11.22%

50 to 64 Years 19.28% 17.06% 18.26%

Age 65+ 13.59% 11.67% 12.94%

Median Age 34.53 31.83 34.09

Population 25+ by Education Level

2018 Estimate Population Age 25+ 7,435 53,464 143,870

Elementary (0-8) 6.82% 6.27% 4.66%

Some High School (9-11) 16.22% 12.43% 10.30%

High School Graduate (12) 33.50% 31.62% 28.72%

Some College (13-15) 23.09% 23.34% 23.21%

Associate Degree Only 6.43% 5.00% 4.97%

Bachelors Degree Only 8.17% 12.30% 16.04%

Graduate Degree 3.75% 7.42% 10.78%

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MEMPHISTENNESSEE

BUILDING PLASTICS, INC

BPI Corporate Headquarters Distribution Facility

LIOR REGENSTREIFSENIOR MANAGING DIRECTOR INVESTMENTS

SENIOR DIRECTOR, NET LEASED PROPERTIES GROUPENCINO OFFICE

Tel: (818) 212-2730Fax: (818) 212-2710

[email protected]: CA 01267761

building plastics, inc bpi corporate headquarters

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