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Site Analysis Williamsburg Square 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLING GREEN, KY 42103 Prepared By: Alex Nottmeier, CCIM Neal Turner Realty July 10, 2004 The information contained herein is from sources believed reliable, but neither the CCIM Institute nor its members, including the author of this report, have confirmed this information. Any warranty or representation of accuracy is expressly disclaimed. The Recipient of this report is cautioned that it is the Recipient's responsibility to confirm the accuracy and completeness of the information provided, including such independent investigation of this information as may appear necessary to determine its suitability for Recipient's needs.

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Page 1: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Site Analysis Williamsburg Square

1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLING GREEN, KY 42103

Prepared By:

Alex Nottmeier, CCIM

Neal Turner Realty

July 10, 2004

The information contained herein is from sources believed reliable, but neither the CCIM Institute nor its members, includingthe author of this report, have confirmed this information. Any warranty or representation of accuracy is expresslydisclaimed. The Recipient of this report is cautioned that it is the Recipient's responsibility to confirm the accuracy andcompleteness of the information provided, including such independent investigation of this information as may appearnecessary to determine its suitability for Recipient's needs.

Page 2: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Geography: 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Latitude: 36.972814 Longitude: −86.432395City: Bowling Green city Pop: 50,762County: Warren County Pop: 95,711Zip: 42103 Bowling Green Pop: 16,515

Executive Demographic Summary Report

Population

The current year population in this selected geography is 62,732. The 2000 Census revealed a population of60,644, and in 1990 it was 49,855 representing a 21.64% change. It is estimated that the population in this area will be65,780 in 2008, representing a change of 4.86% from 2003. The current population is 48.76% male and 51.24% female.In 2003, the median age of the population in this area was 30.9, compared to the US median age which was 36.1. Thepopulation density in your area is 798.7 people per square mile.

Households

There are currently 24,555 households in this selected geography. The Census revealed household counts of23,483 in 2000, up from 19,311 in 1990, representing a change of 27.16%. It is estimated that the number ofhouseholds in this area will be 26,183 in 2008, representing a change of 6.63% from the current year. For the currentyear, the average household size in this area is 2.55 persons.

In 2003, the median number of years in residence in this geography's population is 2.61. The averagehousehold size in this geography was 2.33 people and the average family size was 2.89 people. The average number ofvehicles per household in this geography was 1.7.

Income

In 2003, the median household income in this selected geography was $35,557, compared to the US medianwhich was $45,128. The Census revealed median household incomes of $33,031 in 2000 and $22,603 in 1990representing a change of 57.31%. It is estimated that the median household income in this area will be $39,417 in 2008,which would represent a change of 10.86% from the current year.

In 2003, the per capita income in this area was $20,398, compared to the US per capita, which was $23,201.The 2003 average household income for this area was $50,763, compared to the US average which was $60,600.

Race Ethnicity

In 2003, the racial makeup of this selected area was as follows: 83.23% White; 11.04% Black; 0.21%Native American; 1.84% Asian/Pacific Islander; and 1.78% Other. Compare these to the US racial makeup which was:75.06% White, 12.30% Black, 0.88% Native American, 3.66% Asian/Pacific Islander and 5.52% Other.

People of Hispanic ethnicity are counted independently of race. People of Hispanic origin make up 4.43% of thecurrent year population in this selected area. Compare this to the US makeup of 13.79%. Changes in the populationwithin each race and ethnicity category from the 1990 Census to the 2000 Census are as follows: 67.6% AmericanIndian, Eskimo, Aleut Population; 115.3% Asian, Pacific Islander; 28.8% Black; 591.7% Hispanic Ethnicity; 1,393.3% Other; White 14.8%.

Housing

The median housing value in this area was $61,958 in 1990, compare this to the US median of $78,382 for thesame year. The 2000 Census median housing value was $101,971, which is a 64.6% change from 1990. In 1990, therewere 10,866 owner occupied housing units in this area vs. 23,483 in 2000. Also in 1990, there were 8,446 renteroccupied housing units in this area vs. 10,831 in 2000. The average rent in 1990 was $268 vs. $400 in 2000.

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 3: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Employment

In 2003, there were 50,428 people over the age of 16 in the labor force in your geography. Of these 61.57%were employed, 4.57% were unemployed, 33.73% were not in the labor force and 0.13% were in the armed forces. In1990, unemployment in this area was 4.27% and in 2000 it was 4.66%.

In 2003, there were 47,061 employees in this selected area (daytime population) and there were 3,793establishments.

For this area in 1990, 60.89% of employees were employed in white−collar occupations and 39.08% were employed inblue−collar occupations. In 2000, white collar workers made up 60.90% of the population, and those employed in bluecollar occupations made up 39.10%. In 1990, the average time traveled to work was 8 minutes and in 2000 it was 15minutes.

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 4: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Geography: 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Latitude: 36.972814 Longitude: −86.432395City: Bowling Green city Pop: 50,762County: Warren County Pop: 95,711Zip: 42103 Bowling Green Pop: 16,515

Demographic Snapshot Comparison Report

1 Miles: 3 Miles: 5 Miles:

2003 Population:

Total Population 5,197 50,427 62,732 Male Population 46.4% 48.6% 48.8% Female Population 53.6% 51.4% 51.2% Median Age 38.5 30.3 30.9 Population Density (per sq. mi.) 1,654.4 1,783.5 798.7 Employees 5,326 38,172 47,061 Establishments 665 3,241 3,793

Income: Median HH Income $40,297 $33,194 $35,557 Per Capita Income $25,186 $19,789 $20,398 Average HH Income $52,776 $48,725 $50,763

Households: Total Households 2,474 19,975 24,555 Average Household Size 2.08 2.27 2.33 Household Growth 1990 − 2000 10.24% 17.37% 21.60%

Housing: Owner Occupied Housing Units 55.0% 44.0% 48.6% Renter Occupied Housing Units 37.1% 47.1% 42.9% Vacant Housing Units 7.9% 9.0% 8.5%

Race: White 92.3% 81.6% 83.2% Black 4.8% 12.1% 11.0% American Indian, Eskimo, Aleut 0.2% 0.2% 0.2% Asian or Pacific Islander 1.2% 2.0% 1.8% Other 0.6% 2.0% 1.8%

Ethnicity: Hispanic 1.9% 4.9% 4.4% Non−Hispanic 98.1% 95.1% 95.6%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 5: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Geography: 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Latitude: 36.972814 Longitude: −86.432395City: Bowling Green city Pop: 50,762County: Warren County Pop: 95,711Zip: 42103 Bowling Green Pop: 16,515

Household Detail Report

1 Miles: 3 Miles: 5 Miles:

1990 Household Income:

Total Households 2,198 16,303 19,311

1990 Household Income: Income $ 0 − $9,999 18.1% 26.6% 25.0% Income $ 10,000 − $19,999 19.1% 21.1% 20.4% Income $ 20,000 − $29,999 20.2% 16.1% 16.5% Income $ 30,000 − $39,999 12.2% 12.1% 13.0% Income $ 40,000 − $49,999 8.5% 8.6% 9.2% Income $ 50,000 − $59,999 7.1% 5.2% 5.7% Income $ 60,000 − $74,999 6.2% 5.0% 5.0% Income $ 75,000 − $99,999 3.9% 2.7% 2.7% Income $100,000 − $124,999 1.5% 1.0% 1.0% Income $125,000 − $149,999 0.6% 0.2% 0.2% Income $150,000 + 2.7% 1.3% 1.2%

2000 Census Household Income:

Total Households 2,423 19,135 23,483

2000 Census Household Income: Income $ 0 − $9,999 9.0% 16.2% 14.9% Income $ 10,000 − $19,999 17.3% 18.0% 16.8% Income $ 20,000 − $29,999 18.3% 13.7% 13.6% Income $ 30,000 − $39,999 11.0% 10.3% 10.7% Income $ 40,000 − $49,999 7.7% 7.3% 7.5% Income $ 50,000 − $59,999 6.4% 4.4% 4.7% Income $ 60,000 − $74,999 5.6% 4.3% 4.1% Income $ 75,000 − $99,999 3.5% 2.3% 2.2% Income $100,000 − $124,999 1.4% 0.8% 0.8% Income $125,000 − $149,999 0.6% 0.1% 0.2% Income $150,000 + 2.4% 1.1% 1.0%

2003 Household Income:

Total Households 2,474 19,975 24,555

Median Hhld Disposable Income $34,817 $29,770 $31,585

2003 Household Income:

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

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Income $ 0 − $9,999 8.7% 15.5% 14.3% Income $ 10,000 − $19,999 12.7% 15.4% 14.4% Income $ 20,000 − $29,999 15.6% 15.2% 14.6% Income $ 30,000 − $39,999 12.6% 11.1% 11.4% Income $ 40,000 − $49,999 13.2% 10.1% 10.2% Income $ 50,000 − $59,999 7.9% 7.2% 7.5% Income $ 60,000 − $74,999 9.4% 8.0% 8.6% Income $ 75,000 − $99,999 8.0% 7.8% 8.8% Income $100,000 − $124,999 5.3% 4.3% 4.6% Income $125,000 − $149,999 2.7% 1.9% 2.0% Income $150,000 + 4.0% 3.5% 3.5%

2008 Household Income:

Total Households 2,567 21,213 26,183

Median Hhld Disposable Income $37,695 $33,925 $35,486

2008 Household Income: Income $ 0 − $9,999 8.7% 15.5% 14.3% Income $ 10,000 − $19,999 12.7% 15.4% 14.4% Income $ 20,000 − $29,999 15.6% 15.2% 14.6% Income $ 30,000 − $39,999 12.6% 11.1% 11.4% Income $ 40,000 − $49,999 13.2% 10.1% 10.2% Income $ 50,000 − $59,999 7.9% 7.2% 7.5% Income $ 60,000 − $74,999 9.4% 8.0% 8.6% Income $ 75,000 − $99,999 8.0% 7.8% 8.8% Income $100,000 − $124,999 5.3% 4.3% 4.6% Income $125,000 − $149,999 2.7% 1.9% 2.0% Income $150,000 + 4.0% 3.5% 3.5%

1990 Housing Units:

Total Housing Units: 2,364 17,795 20,957

Owner−Occupied 61.8% 48.7% 51.9% Renter−Occupied 31.2% 42.9% 40.3% Vacant 5.8% 8.4% 7.9%

2000 Census Housing Units:

Total Housing Units: 2,632 21,025 25,673

Owner−Occupied 56.3% 45.0% 49.3% Renter−Occupied 35.8% 46.0% 42.2% Vacant 7.9% 9.0% 8.5%

Vacant Housing Units 209 1,890 2,190 Vacant, For Migrant Workers 0.3% 0.1% 0.1% Vacant, For Rent 71.6% 70.7% 71.9% Vacant, For Sale Only 27.9% 16.0% 18.7% Vacant, For Seasonal, Recreation, orOcc 9.9% 5.7% 5.9%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

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Vacant, Other 32.9% 26.1% 27.3% Vacant, Rented or Sold, Not Occupied 10.6% 8.0% 8.2%

Owner Occupied Home Value: $ 0 − $24,999 0.0% 0.2% 0.2% $ 25,000 − $34,999 0.3% 0.8% 0.7% $ 35,000 − $49,999 0.6% 2.0% 1.7% $ 50,000 − $79,999 14.2% 8.6% 8.7% $ 80,000 − $99,999 11.8% 7.3% 8.5% $100,000 − $149,999 15.6% 12.5% 13.2% $150,000 − $199,999 7.4% 6.3% 6.9% $200,000 − $299,999 4.3% 3.8% 4.2% $300,000 − $399,999 1.1% 0.7% 0.8% $400,000 − $499,999 0.1% 0.3% 0.4% $500,000 − $749,999 0.3% 0.4% 0.4% $750,000 − $999,999 0.0% 0.1% 0.1% $1,000,000 or more 0.0% 0.0% 0.0%

Median Home Value $101,714 $101,687 $101,971

Monthly Contract Rent: $ 0 − $100 1.5% 4.0% 3.6% $ 100 − $199 2.7% 7.1% 6.8% $ 200 − $299 8.1% 12.0% 11.5% $ 300 − $399 22.1% 24.7% 24.7% $ 400 − $499 31.4% 29.6% 29.9% $ 500 − $599 12.2% 8.7% 9.6% $ 600 − $699 11.3% 5.5% 5.7% $ 700 − $799 2.6% 1.5% 1.5% $ 800 − $899 2.4% 1.3% 1.4% $ 900 − $999 0.0% 0.3% 0.4% $1,000 − $1,249 0.0% 0.6% 0.6% $1,250 − $1,499 0.1% 0.4% 0.4% $1,500 − $1,999 0.0% 0.1% 0.1% $2,000 or more 0.3% 0.1% 0.1%

Average Monthly Contract Rent $446 $396 $400

2003 Housing Units:

Total Housing Units 2,687 21,943 26,842

Owner−Occupied 55.0% 44.0% 48.6% Renter−Occupied 37.1% 47.0% 42.9% Vacant 7.9% 9.0% 8.5%

2008 Housing Units:

Total Housing Units 2,789 23,299 28,618

Owner−Occupied 52.8% 42.5% 47.6% Renter−Occupied 39.3% 48.5% 43.9% Vacant 8.0% 9.0% 8.5%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 8: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 9: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Geography: 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Latitude: 36.972814 Longitude: −86.432395City: Bowling Green city Pop: 50,762County: Warren County Pop: 95,711Zip: 42103 Bowling Green Pop: 16,515

Income Report

1 Miles: 3 Miles: 5 Miles:

Median Household Income 1990 Median HH Income $26,209 $21,292 $22,603 2000 Median HH Income $37,747 $30,462 $33,031 Current Year Median HH Income $40,297 $33,194 $35,557 5Y Projected Median HH Income $45,451 $36,398 $39,417 Change 1990 to 2000 44.0% 43.1% 46.1% Change 2000 to CY 6.8% 9.0% 7.6% Change CY to 5Y Projection 12.8% 9.7% 10.9%

Per Capita Income 1990 Per Capita Income $17,975 $12,103 $12,187 2000 Per Capita Income $23,230 $17,806 $18,391 Current Year Per Capita Income $25,186 $19,789 $20,398 5Y Projected Per Capita Income $28,527 $22,294 $22,994 Change 1990 to 2000 29.2% 47.1% 50.9% Change 2000 to CY 8.4% 11.1% 10.9% Change CY to 5Y Projection 13.3% 12.7% 12.7%

Average Household Income 1990 Average HH Income $37,716 $30,700 $31,365 2000 Average HH Income $48,538 $45,627 $47,538 Current Year Average HH Income $52,776 $48,725 $50,763 5Y Projected Average HH Income $59,392 $54,336 $56,691 Change 1990 to 2000 28.7% 48.6% 51.6% Change 2000 to CY 8.7% 6.8% 6.8% Change CY to 5Y Projection 12.5% 11.5% 11.7%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 10: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

Geography: 1, 3, 5 mile radii: 870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Latitude: 36.972814 Longitude: −86.432395City: Bowling Green city Pop: 50,762County: Warren County Pop: 95,711Zip: 42103 Bowling Green Pop: 16,515

Population and Education Report

1 Miles: 3 Miles: 5 Miles:

Population 1990 Population 4,777 41,383 49,855 2000 Population 5,131 48,864 60,644 Current Year Population 5,197 50,427 62,732 5 Year Projected Population 5,324 52,614 65,780 Change 1990 to 2000 7.4% 18.1% 21.6% Change 2000 to CY 1.3% 3.2% 3.4% Change CY to 5Y 2.4% 4.3% 4.9%

Households 1990 Census 2,198 16,303 19,311 2000 Census 2,423 19,135 23,483 Current Year 2,474 19,975 24,555 5 Year Projected 2,567 21,213 26,183 Change 1990 to 2000 10.2% 17.4% 21.6% Change 2000 to CY 2.1% 4.4% 4.6% Change CY to 5Y 3.8% 6.2% 6.6%

Median Age 1990 Median Age 38 30 30 2000 Median Age 38 29 30 CY Median Age 39 30 31 5Y Median Age 40 33 33 Change 1990 to 2000 0.1% −2.2% −0.4% Change 2000 to CY 1.7% 3.8% 2.7% Change CY to 5Y 2.6% 7.6% 6.3%

Group Quarters 1990 Census 66 3,755 4,051 2000 Census 92 5,243 5,493 Current Year 92 5,243 5,493 5 Year Projected 92 5,243 5,493

Population Density 1990 Census 1,520.6 1,463.6 634.8 2000 Census 1,633.2 1,728.2 772.1 Current Year 1,654.4 1,783.5 798.7 5 Year Projected 1,694.8 1,860.8 837.5

Female Population 1990 Female Population 2,629 22,254 26,551 2000 Female Population 2,758 25,196 31,178

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

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Current Year Female Population 2,786 25,920 32,146 5Y Projected Female Population 2,840 26,922 33,554 Change 1990 to 2000 4.9% 13.2% 17.4% Change 2000 to CY 1.0% 2.9% 3.1% Change CY to 5Y 1.9% 3.9% 4.4%

Female Population − Percent 1990 Female Population 55.04% 53.77% 53.26% 2000 Female Population 53.75% 51.56% 51.41% Current Year Female Population 53.61% 51.40% 51.24% 5Y Projected Female Population 53.33% 51.17% 51.01%

Female Median Age 1990 Female Median Age 41.0 31.4 31.6 2000 Female Median Age 41.1 31.2 32.1 Current Year Female Median Age 42.0 32.3 32.8 5Y Projected Female Median Age 43.4 34.3 34.4

Male Population 1990 Male Population 2,148 19,129 23,305 Current Year Male Population 2,411 24,507 30,586 5 Year Projected Male Population 2,485 25,692 32,226 Change 90−CY 12.3% 28.1% 31.2% Change CY−5Y Projection 3.1% 4.8% 5.4%

Male Population − Percent 1990 Male Population 44.96% 46.23% 46.74% 2000 Male Population 46.25% 48.44% 48.59% Current Year Male Population 46.39% 48.60% 48.76% 5 Year Projected Male Population 46.67% 48.83% 48.99%

Male Median Age 1990 Male Median Age 34.6 28.3 28.8 2000 Male Median Age 34.2 27.6 28.5 Current Year Male Median Age 34.7 28.9 29.5 5Y Projected Male Median Age 35.8 31.2 31.6

Hispanic Population 1990 Hispanic Population 17 278 311 2000 Hispanic Population 75 1,916 2,152 Current Year Hispanic Population 97 2,471 2,782 5 Year Projected Hispanic Population 131 3,360 3,795 Change 1990 to 2000 332.7% 589.3% 591.7% Change 2000 to CY 29.3% 29.0% 29.2% Change CY to 5Y 35.0% 36.0% 36.4%

Hispanic Population 1990 Hispanic Population 0.36% 0.67% 0.62% 2000 Hispanic Population 1.46% 3.92% 3.55% Current Year Hispanic Population 1.87% 4.90% 4.43% 5 Year Projected Hispanic Population 2.46% 6.39% 5.77%

% 1990 Pop. by Age Total Population 4,777 41,383 49,855

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

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Age 0 − 4 4.9% 5.9% 6.2% Age 5 − 13 9.9% 10.7% 11.3% Age 14 − 17 4.0% 4.6% 4.8% Age 18 − 20 4.4% 10.8% 9.7% Age 21 − 24 7.0% 10.1% 9.4% Age 25 − 34 15.9% 15.2% 15.6% Age 35 − 44 13.7% 12.8% 13.5% Age 45 − 54 10.0% 9.2% 9.6% Age 55 − 64 10.4% 7.9% 7.8% Age 65 − 74 11.1% 7.1% 6.7% Age 75 − 84 6.3% 4.3% 4.0% Age 85+ 2.4% 1.4% 1.4% Median Age 38 30 30

% 2000 Pop. by Age Total Population 5,131 48,864 60,644 Age 0 − 4 5.1% 5.8% 6.2% Age 5 − 13 9.1% 9.8% 10.5% Age 14 − 17 4.1% 4.5% 4.8% Age 18 − 20 4.3% 11.3% 9.9% Age 21 − 24 8.8% 11.7% 10.6% Age 25 − 34 14.3% 13.9% 14.2% Age 35 − 44 14.3% 12.7% 13.4% Age 45 − 54 12.9% 10.9% 11.5% Age 55 − 64 8.8% 7.4% 7.6% Age 65 − 74 8.8% 6.1% 5.9% Age 75 − 84 7.2% 4.3% 4.1% Age 85+ 2.4% 1.6% 1.5% Median Age 38 29 30

% CY Pop. by Age Total Population 5,197 50,427 62,732 Age 0 − 4 5.9% 6.9% 7.3% Age 5 − 13 8.7% 9.7% 10.3% Age 14 − 17 3.6% 6.0% 5.7% Age 18 − 20 3.5% 6.0% 5.5% Age 21 − 24 7.1% 10.7% 9.6% Age 25 − 34 16.5% 16.7% 16.8% Age 35 − 44 13.1% 12.0% 12.6% Age 45 − 54 13.1% 11.3% 11.9% Age 55 − 64 9.7% 8.4% 8.6% Age 65 − 74 8.7% 6.2% 6.0% Age 75 − 84 7.3% 4.4% 4.1% Age 85+ 2.7% 1.7% 1.6% Median Age 39 30 31

% 5Y Pop. by Age Total Population 5,324 52,614 65,780 Age 0 − 4 6.3% 7.5% 7.9% Age 5 − 13 9.3% 10.6% 11.1% Age 14 − 17 3.3% 5.2% 5.0% Age 18 − 20 2.7% 4.7% 4.3% Age 21 − 24 4.9% 7.5% 6.7% Age 25 − 34 17.7% 18.3% 18.5%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

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Age 35 − 44 12.1% 11.4% 11.9% Age 45 − 54 13.2% 11.7% 12.2% Age 55 − 64 11.3% 9.9% 10.1% Age 65 − 74 9.4% 6.9% 6.6% Age 75 − 84 7.3% 4.5% 4.2% Age 85+ 2.6% 1.7% 1.6% Median Age 40 33 33

Educational Attainment − 2003 Total Population Age 25+ 3,695 30,639 38,671 Grade K − 9 5.3% 8.7% 8.1% Grade 9 − 12 7.4% 11.9% 11.5% High School Graduate 23.6% 26.6% 27.4% Associates Degree 4.9% 4.6% 4.6% Bachelor's Degree 21.1% 16.2% 16.6% Graduate Degree 16.5% 12.1% 11.8% Some College, No Degree 21.2% 19.8% 19.9%

Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004

Page 14: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

2003 Aggregate Household NetWorth

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 197500

125000 to 197500

78000 to 125000

49500 to 78000

Below 49500

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

Page 15: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

2003 Employee Density

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 73

46 to 73

29 to 46

18.25 to 29

Below 18.25

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

Page 16: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

2003 Median HouseholdIncome

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 90000

57000 to 90000

36000 to 57000

22500 to 36000

Below 22500

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

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2003 Owner Occupied Units

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 121.25

77 to 121.25

48 to 77

30.5 to 48

Below 30.5

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

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2003 Population Density

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 162.5

102.5 to 162.5

64 to 102.5

40.5 to 64

Below 40.5

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

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2008 Average HouseholdIncome

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 135000

86000 to 135000

54000 to 86000

34000 to 54000

Below 34000

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

Page 20: Site Analysis Williamsburg Square · Site Analysis Williamsburg Square − Prepared by Alex Nottmeier, CCIM on July 10, 2004. Employment In 2003, there were 50,428 people over the

2008 Population Density

870 FAIRWAY ST, BOWLINGGREEN, KY 42103

Map Legend

(map is displaying Block Groups)

Above 170

107.5 to 170

68 to 107.5

42.5 to 68

Below 42.5

No Data

Subject Site

1, 3, 5 mile radii

Primary Highways

Secondary Highways

Major Roads

Local Roads

Parks

Airports

Bodies of Water

Rivers

July 9, 2004

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AddendumData Methodology

The demographic data used in STDBonline are developed by Experian/Applied Geographic Solutions (AGS) using a varietyof source data sets, including, but not limited to information from AGSs household level data file, current year estimates fromthe Census Bureau and Postal Service, and economic forecasts from private sources. In addition:

* These are the only US Estimates and Projections based on the most extensive household database available, summarizedat the block group level. This is the demographic equivalent to an ongoing national census.

* This unique bottom−up approach using household data is complemented by a rigorous, standard demographiccohort−component technique at the county level and above. AGS control totals are based on Census Bureau estimatesadvanced methodically to the current year and projected out five years. AGS takes the position that 10−year projectionsintroduce unacceptable levels of uncertainty.

* Migration effects, the most difficult to quantify for small area estimates, are taken into account through the Census Bureausextensive analysis of IRS tax return data (maintaining strict confidentiality of individual records). From this, detailedcounty−to−county migration trends are established. AGS also takes into account undocumented immigration.

* AGS methods make use of the current census MARS (modified age, race, sex) tabulation that corrects the current censusfor errors in age reporting (for example, grouping around age 21 and 65) and reallocates Hispanics from the "other race"category to more specific race groups. Any current analysis of opportunities in emerging ethnic markets should take this intoaccount.

* AGS list resources, GDT cartographic expertise, and Compusearchs years of demographic modeling experience representa unique combination of leadership in the fields required for accurate estimates and projections.

The information contained herein is from sources believed reliable, but neither the CCIM Institute nor its members, includingthe author of this report, have confirmed this information. Any warranty or representation of accuracy is expresslydisclaimed. The Recipient of this report is cautioned that it is the Recipient's responsibility to confirm the accuracy andcompleteness of the information provided, including such independent investigation of this information as may appearnecessary to determine its suitability for Recipient's needs.

Your STDBonline Site ProFile was produced with technology from SRC, LLC Copyright 1997− 2003, All rights reserved.Current year data is for the year 2003. Current year and projected data provided by Experian/Applied Geographic Solutions.

Copyright 2003 All Rights Reserved.