IAG Commercial. Albertville Retail - Land. For Sale. Prepared By:

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1 Albertville Retail - Land For Sale Albertville Retail - Land 6600 Laketowne Place Albertville, MN Prepared By: IAG Commercial 222 South Ninth Street, Suite 1600 Minneapolis, MN Jeff LaFavre, CCIM, MCR, SIOR jlafavre@iagcommercial.com Brian Beeman bbeeman@iagcommercial.com All information furnished is from sources judged to be reliable, however, no guarantee is made as to its accuracy or completeness.

2 For Sale: Albertville Retail - Land 6600 Laketowne Place Albertville, MN Property Speci5ications Land Area: 1.65 acres Zoning: Commercial Land Property Taxes: $13,478 (2013) Location Information Price: Price negotiable Market Northwest County Wright Property Overview Great visibility from I-94 Located in the same area as the highly successful Albertville Outlet Mall High-traffic Location Area is undeserved by fast food establishments, making the property ideal for that purpose Across the street from active retail strip center Site will hold up support a building up to 15,000 SF

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7 LOCATION A E OF CSAH19 (LA BEAUX AVE NE) 780 B S OF WB I-94 RMP 11,900 12,500 C &52 E OF CSAH19 IN ALBERTVILLE 48,100 55, ,000 52,000 46,000 D N OF WB I-94 RMP 13,600 17,000 E N OF 67TH ST NE 8,700 F WIM MI W OF CSAH37 NW OF ALB 51,700 57,000 62,000 61,000 56,000 62,000 G E OF LARGE AVE 580

8 Ethnicity 1 mi. 3 mi. 5 mi. % White % Black/African American % American Indian & Alaska Native % Asian % Native Hawaiian / Other Pacific Islanders Year Projections 1 mi. 3 mi. 5 mi. Total Population 4,708 25,145 47,656 Group Quarters Population Adult Population 3,112 16,713 32,518 Total Households 36,839 33,913 33,682 Per Capita Income (based on Total Population) 36,839 33,913 33,682 Total Population 16+ 3,251 17,482 33,999 5 Year Ethnicity Projections 1 mi. 3 mi. 5 mi. % White % Black/African American % American Indian & Alaska Native % Asian % Native Hawaiian / Other Pacific Islander Housing and Household s 1 mi. 3 mi. 5 mi. Total Housing Units 1,518 7,377 13,967 Total Households 1,447 7,042 13,327 Owner-Occupied: Owned with a mortgage or loan 1,086 5,420 10,292 Owner-Occupied: Owned free and clear ,408 Renter-Occupied 264 1,013 1,627 Aggregate Contract Rent $218,69 $870,732 $1,359,92 Average (Mean) Number of Vehicles Available

9 Ethnicity 1 mi. 3 mi. 5 mi. % White % Black/African American % American Indian & Alaska Native % Asian % Native Hawaiian / Other Pacific Islanders Year Projections 1 mi. 3 mi. 5 mi. Total Population 4,708 25,145 47,656 Group Quarters Population Adult Population 3,112 16,713 32,518 Total Households 36,839 33,913 33,682 Per Capita Income (based on Total Population) 36,839 33,913 33,682 Total Population 16+ 3,251 17,482 33,999 5 Year Ethnicity Projections 1 mi. 3 mi. 5 mi. % White % Black/African American % American Indian & Alaska Native % Asian % Native Hawaiian / Other Pacific Islander Housing and Household s 1 mi. 3 mi. 5 mi. Total Housing Units 1,518 7,377 13,967 Total Households 1,447 7,042 13,327 Owner-Occupied: Owned with a mortgage or loan 1,086 5,420 10,292 Owner-Occupied: Owned free and clear ,408 Renter-Occupied 264 1,013 1,627 Aggregate Contract Rent $218,69 $870,732 $1,359,92 Average (Mean) Number of Vehicles Available

10 % Households by Income 1 mi. 3 mi. 5 mi. % Household Income <$10, % Household Income $10,000-$14, % Household Income $15,000-$19, % Household Income $20,000-$24, % Household Income $25,000-$29, % Household Income $30,000-$34, % Household Income $35,000-$39, % Household Income $40,0000-$44, % Household Income $45,000-$49, % Household Income $50,000-$59, % Household Income $60,000-$74, % Household Income $75,000-$99, % Household Income $100,000-$124, % Household Income $125,000-$149, % Household Income $150,000-$199, % Household Income $200,000-$249, % Hous 235 1,138 1,946 Housing Value $200,000-$249, ,063 2,066 Housing Value $250,000-$299, ,418 Housing Value $300,000-$399, ,651 Housing Value $400,000-$499, Housing Value $500,000-$749, Housing Value $750,000-$999, Housing Value $1,000,000 or more Total Owner-occupied housing units (OOHU) 1,183 6,029 11,700 Income 1 mi. 3 mi. 5 mi. Per Capita Income (based on Total Population) $32,236 $29,910 $29,703 Average (Mean) Household Income $92,602 $92,055 $92,027 Median Household Income $82,146 $81,838 $81,357 Aggregate Income $133,994,888 $648,265,133 $1,232,474,599

11 Demographics % Households by Income 1 mi. 3 mi. 5 mi. % Household Income <$10, % Household Income $10,000-$14, % Household Income $15,000-$19, % Household Income $20,000-$24, % Household Income $25,000-$29, % Household Income $30,000-$34, % Household Income $35,000-$39, % Household Income $40,0000-$44, % Household Income $45,000-$49, % Household Income $50,000-$59, % Household Income $60,000-$74, % Household Income $75,000-$99, % Household Income $100,000-$124, % Household Income $125,000-$149, % Household Income $150,000-$199, % Household Income $200,000-$249, % Household Income $250,000-$499, % Household Income $500, Education 1 mi. 3 mi. 5 mi. College undergraduate ,676 Graduate or prof School Employment and Occupation 1 mi. 3 mi. 5 mi. Total Civilian employed population aged 16+ 2,101 10,988 21,226

12 % Employment by Industry 1 mi. 3 mi. 5 mi. % Armed Forces % Civilian, Employed % Civilian, Unemployed % Not in Labor Force % Agriculture, forestry, fishing/hunting, mining % Construction % Manufacturing % Wholesale trade % Retail trade % Transportation and warehousing and utilities % Information % Finance and ins, real estate, rental and leasing % Professional, sci, mgmt, admin and waste mgmt svcs % Educational svcs, health care and social asst % Arts, entertainment, recreation, accom. and food svcs % Other svcs, except public admin % Public admin Transportation to Work 1 mi. 3 mi. 5 mi. Total Workers 16+ 2,101 10,988 21,226 Car, truck, or van 1,937 10,014 19,403 Public transport (not taxi) Taxicab Motorcycle Bicycle Walked Other means Worked at home ,274

13 Demographics Consumer Expenditures 1 mi. 3 mi. 5 mi. Average Apparel $1,988.9 $1,979.3 $1,974.6 Average Education $1,667.9 $1,685.5 $1,702.0 Average Entertainment $3,371.4 $ $3,408.8 Average Food and Beverages $8,039.9 $8,042.9 $8,050.1 Average Gifts $492.0 $496.0 $506.7 Average Health Care $3,372.4 $3,461.2 $3,561.6 Average Household Furnishings and Equipment $1,744.8 $1,743.0 $1,749.7 Average Household Operations $1,981.2 $1,979.0 $1,981.0 Average Personal Care $652.3 $654.0 $656.5 Average Personal Expenditure $11,680.3 $11,728.8 $11,824.0 Average Reading $111.0 $114.0 $117.1 Average Shelter $11,138.5 $11,100.7 $11,060.8 Average Transportation $9,683.8 $9,668.8 $9,670.2 Average Utilities $3,838.8 $3,853.5 $3,874.1 Demand by Store Type 1 mi. 3 mi. 5 mi. Motor Vehicle & Parts Dealers $6,268,273 $30,430,172 $57,591,911 Furniture & Home Furnishings Stores $675,198 $3,265,231 $6,153,245 Electronics & Appliance Stores $1,085,970 $5,284,241 $10,033,653 Building Material & Garden Equipment & Supply Dealers $832,127 $4,117,994 $7,988,224 Food & Beverage Stores $5,456,373 $26,671,923 $50,677,947 Health & Personal Care Stores $988,660 $4,908,165 $9,490,200 Gasoline Stations $5,059,508 $24,542,679 $46,433,877 Clothing & Clothing Accessories Stores $1,426,408 $6,936,144 $13,143,601 Sporting Goods, Hobby, Book, & Music Stores $563,647 $2,733,522 $5,176,153 General Merchandise Stores $4,776,293 $23,236,375 $44,066,460 Miscellaneous Store Retailers $872,143 $4,266,542 $8,142,951 Nonstore retailers $4,204,513 $20,584,479 $39,255,782 Food Service & Drinking Places $4,348,575 $21,050,361 $39,750,041 General Merchandise, Apparel and Accessories, Furniture and Home Furnishings $8,828,728 $42,928,248 $81,380,831

14 IAG Commercial For more information, please contact: Jeff LaFavre President IAG Commercial 222 South Ninth Street, Suite 1600 Minneapolis, MN Phone: Brian Beeman Senior Advisor IAG Commercial 222 South Ninth Street, Suite 1600 Minneapolis, MN Phone:

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