SHOPS OF RAVENWOOD SQUAREravenwoodsquare.com/wp-content/uploads/2014/07/Ravenwood...Age 45 - 54 732...

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RavenwoodSqaure.com (708) 672-7775 RAVENWOOD SQUARE SHOPS OF 10033 Wicker Avenue, St. John IN 46373

Transcript of SHOPS OF RAVENWOOD SQUAREravenwoodsquare.com/wp-content/uploads/2014/07/Ravenwood...Age 45 - 54 732...

  • RavenwoodSqaure.com (708) 672-7775

    RAVENWOOD SQUARE S H O P S O F

    10033 Wicker Avenue, St. John IN 46373

  • 2 RavenwoodSqaure.com (708) 672-7775

    The area: Welcome to the 20,000 square foot Ravenwood Square Strip Mall, located in Northwest Indiana just 45 minutes southeast of downtown Chicago. Situated directly on Route 41 (also called “Wicker Avenue”) in the populous city of St. John, Ravenwood Square is a premier loca on for businesses, restaurants, and retail stores. Because Northwest Indiana is such an important as-pect of Chicago commerce, this area, with an average household income of almost $100,000, has steadily been a rac ng a tremendous amount of commercial development. Many residents of this wealthy region use Route 41 for their commute to Downtown Chicago, driving right past this Center twice a day.

    The location: Elevated high above Route 41, the es mated 28,000-plus vehicles passing the site each day are able to easily see each of the full glass front stores of Ravenwood Square. Plans have been ap-proved for a stoplight which will feed traffic from Route 41 into the Ravenwood shopping area, and there are also entry points from roads to the north and east, giving shoppers safe and easy access to the tenant’s businesses. The property directly north (see the “Area Development” page) is home to Target, Strack & Van Til grocery store, two banks, Tractor Supply, an Aldi gro-cery store, and Starbucks. The strategic loca on of Ravenwood Square takes full advantage of a region with rising median income and exploding new construc on.

    The building: The appealing Ravenwood Square was constructed with careful a en on to the needs of pro-spec ve tenants and their clients. Customers are drawn to the rich red brick and bronze win-dow frames, and the full floor-to-ceiling glass front windows are accented with luxurious awn-ings and elegant English style an que bronze fixtures. The center includes a diverse and reputa-ble mix of local and na onal tenants. The building and grounds are very well groomed and maintained.

    If you have any ques ons, please don’t hesitate to contact Paul DeBoer at 708-672-7775. We look forward to working with you.

  • 3 RavenwoodSqaure.com (708) 672-7775

    Area Development

    45 minutes from downtown Chicago

    Exploding new construc on

    Average Household income almost $100K

    Es mated 28,000 cars daily

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    Site Layout

    Unit SqFt Notes 1 1540 Drivethrough; Endcap 2 1494 3 1340 4 1341 5 1340 6 1364 7 1494

    Unit SqFt Notes 8 1485 9 1692 10 988 11 1340 12 1341 13 1494 14 1540 Endcap

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    Nielsen© Es mates for 2014 1 Mile 3 Miles 5 Miles Average Household Income $99,505 $99,316 $85,525

    Households 1,628 8,422 27,554

    Popula on 4,707 24,952 77,282

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    Radius: 1 Mile Radius: 3 Mile Radius: 5 Mile

    2014 Est. HHs by HH Income 1,628  8,422  27,976 

    CY HHs, Inc < $15,000 70 314 1,565

    CY HHs, Inc $15,000 - $24,999 67 402 1,805

    CY HHs, Inc $25,000 - $34,999 97 515 2,141

    CY HHs, Inc $35,000 - $49,999 177 928 3,280

    CY HHs, Inc $50,000 - $74,999 300 1,508 5,926

    CY HHs, Inc $75,000 - $99,999 250 1,374 4,654

    CY HHs, Inc $100,000 - $124,999 208 1,099 3,211

    CY HHs, Inc $125,000 - $149,999 172 905 2,307

    CY HHs, Inc $150,000 - $199,999 175 794 1,837

    CY HHs, Inc $200,000 - $249,999 62 282 585

    CY HHs, Inc $250,000 - $499,999 46 260 581

    CY HHs, Inc $500,000+ 5 40 83

    Owner Occupied (%) 1,524 (94%) 7,988 (95%) 23,918 (85.5%)

    Renter Occupied (%) 104 (6%) 435 (5%) 4,058 (14.5%)

    2014 Es mated Popula on by Age

    Age 0 - 4 310 1,486 4,378

    Age 5 - 9 316 1,558 4,551

    Age 10 - 14 351 1,866 5,203

    Age 15 - 17 230 1,230 3,432

    Age 18 - 20 194 1,052 3,528

    Age 21 - 24 223 1,247 4,087

    Age 25 - 34 412 2,206 8,225

    Age 35 - 44 639 3,144 9,486

    Age 45 - 54 732 4,170 12,064

    Age 55 - 64 667 3,762 11,425

    Age 65 - 74 412 2,107 6,716

    Age 75 - 84 165 858 3,083

    Age 85 and over 55 265 1,104

    Age 18 and over 3,499 18,812 59,718

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    Radius: 1 Mile Radius: 3 Mile Radius: 5 Mile

    2000 Census 3,311 15,931 61,480

    2014 Es mate (% Change 2000-2014) 4,707 (42%) 24,939 (56.5%) 77,330 (26%)

    2019 Projec on (% Change 2014-2019) 4,899 (4%) 26,235 (5%) 79,293 (2.5%)

    Household Change

    2000 Census 1,121 5,357 21,696

    2014 Es mate (% Change 2000-2014) 1,628 (42%) 8,417 (57%) 27,997 (29%)

    2019 Projec on (% Change 2014-2019) 1,678 (3%) 8,759 (4%) 28,582 (2%)

    Popula on by Race (2014)

    Total 4,707 24,952 77,282

    White Alone 4,341 23,164 68,795

    Black Alone 70 338 3,221

    American Indian Alone 5 32 129

    Asian or Pacific Islander Alone 74 323 1,415

    Some Other Race Alone 155 766 2,421

    Two of More Races 62 328 1,301

    Less than 9th grade 83 412 1,595

    Some High School, no diploma 124 601 2,196

    High School Graduate (or GED) 814 4,724 16,722

    Some College, no degree 650 3,180 10,974

    Associate Degree 366 2,002 5,281

    Bachelor's Degree 702 3,774 10,361

    Master's Degree 247 1,431 3,868

    Professional School Degree 81 310 805

    Doctorate Degree 15 79 301

    2014 Es mated Popula on Age 25+ by Educa onal A ainment

    Popula on Change

    Hispanic or La no 467 2,348 7,442

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    Intersection AADT Year counted Notes:

    Traffic Count 1 82nd 29,660 2012

    Traffic Count 2 93rd 29,042 2007

    Traffic Count 3 97th 26,730 2012 Stoplight for Target

    Traffic Count 4 109th (Rt 231) 19,307 2012

    28,000 Ravenwood Square

    INDOT Traffic counts for Route 41 (Wicker Avenue)

    Traffic Count

    Traffic Count 3

    Traffic Count 2

    Traffic Count 1

    R AVENWOOD S QUARE 28,000 Cars Daily