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DEVELOPMENT OPPORTUNITY

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+/- 5.16 Acres

8,600 SF Fully Loaded Shop with 5 Bays;

1,000 SF Storage Shop;

800 SF Office Space

Zoning: Commercial / Residential

Demographics within 5 MI: Population +/-119,645

& AHI +/- 126,821

Easy Access to West Chester Town Center, Rt. 202,

& Rt. 3

Neighbors Include: West Goshen Shopping Center,

WAWA, Chester County Hospital, and More!

PROPERTY HIGHLIGHTS:

LOCATION: 205 & 207 Garfield Ave, West Chester, PA 19380

AVAILABLE

FOR SALE

$3,600,000

Contact:

Matt Phillips

Cell: 610-973-4823

Office: 610-359-9700

[email protected]

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is Buyer/Lessee responsibility to inde-pendently confirm its accuracy and completeness. This is not intended to solicit another Broker’s listing. Some properties maybe in cooperation with another broker.

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-0% 0 SF -Land Rent/SF/Yr: % Leased: Total Available: Typical Floor: RBA: Class: Building Type:

Radius 1 Mile 3 Mile 5 Mile

Population 2025 Projection 13,329 73,344 122,540 2020 Estimate 12,864 71,420 119,654 2010 Census 10,994 64,400 109,777 Growth 2020 - 2025 3.61% 2.69% 2.41% Growth 2010 - 2020 17.01% 10.90% 9.00% 2020 Population by Age 12,864 71,420 119,654 Age 0 - 4 995 7.73% 4,768 6.68% 7,285 6.09% Age 5 - 9 831 6.46% 4,321 6.05% 7,016 5.86% Age 10 - 14 645 5.01% 3,988 5.58% 6,982 5.84% Age 15 - 19 565 4.39% 4,336 6.07% 7,644 6.39% Age 20 - 24 875 6.80% 5,140 7.20% 8,173 6.83% Age 25 - 29 1,298 10.09% 5,885 8.24% 8,634 7.22% Age 30 - 34 1,476 11.47% 6,043 8.46% 8,771 7.33% Age 35 - 39 1,232 9.58% 5,248 7.35% 8,042 6.72% Age 40 - 44 827 6.43% 4,125 5.78% 6,876 5.75% Age 45 - 49 685 5.32% 4,062 5.69% 7,183 6.00% Age 50 - 54 653 5.08% 4,218 5.91% 7,606 6.36% Age 55 - 59 676 5.25% 4,457 6.24% 8,061 6.74% Age 60 - 64 608 4.73% 4,117 5.76% 7,470 6.24% Age 65 - 69 480 3.73% 3,409 4.77% 6,217 5.20% Age 70 - 74 365 2.84% 2,689 3.77% 4,963 4.15% Age 75 - 79 245 1.90% 1,859 2.60% 3,508 2.93% Age 80 - 84 162 1.26% 1,216 1.70% 2,345 1.96% Age 85+ 247 1.92% 1,538 2.15% 2,879 2.41% Age 65+ 1,499 11.65% 10,711 15.00% 19,912 16.64% Median Age 34.10 36.20 38.30 Average Age 35.90 38.00 39.30

Demographic Detail Report

205 & 207 Garfield Avenue

207 Garfield Ave, West Chester, PA 19380

Copyrighted report licensed to Capital Commercial Real Estate Group - 1150863. 4/16/2021

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207 Garfield Ave, West Chester, PA 19380

Radius 1 Mile 3 Mile 5 Mile

2020 Population By Race 12,864 71,420 119,654

White 10,450 81.23% 61,611 86.27% 102,606 85.75%

Black 1,590 12.36% 4,704 6.59% 6,488 5.42%

Am. Indian & Alaskan 70 0.54% 188 0.26% 255 0.21%

Asian 460 3.58% 3,528 4.94% 8,170 6.83%

Hawaiian & Pacific Island 19 0.15% 50 0.07% 71 0.06%

Other 274 2.13% 1,338 1.87% 2,065 1.73%

Population by Hispanic Origin 12,864 71,420 119,654

Non-Hispanic Origin 11,130 86.52% 66,207 92.70% 112,822 94.29%

Hispanic Origin 1,734 13.48% 5,213 7.30% 6,833 5.71%

2020 Median Age, Male 34.00 35.60 37.30 2020 Average Age, Male 35.20 37.20 38.30

2020 Median Age, Female 34.30 36.80 39.40 2020 Average Age, Female 36.70 38.90 40.30

2020 Population by Occupation Classification

10,281 57,478 96,846

Civilian Employed 7,375 71.73% 39,293 68.36% 64,237 66.33%

Civilian Unemployed 205 1.99% 1,164 2.03% 1,765 1.82%

Civilian Non-Labor Force 2,701 26.27% 17,009 29.59% 30,799 31.80%

Armed Forces 0 0.00% 12 0.02% 45 0.05%

Households by Marital Status

Married 1,562 12,641 23,651

Married No Children 906 7,207 13,344

Married w/Children 657 5,434 10,308

2020 Population by Education 10,124 53,363 88,427

Some High School, No Diploma 639 6.31% 3,031 5.68% 4,147 4.69%

High School Grad (Incl Equivalency) 2,083 20.57% 9,635 18.06% 15,319 17.32%

Some College, No Degree 1,860 18.37% 9,524 17.85% 16,234 18.36%

Associate Degree 1,171 11.57% 4,497 8.43% 5,872 6.64%

Bachelor Degree 2,868 28.33% 16,275 30.50% 27,883 31.53%

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Demographic Detail Report

205 & 207 Garfield Avenue

207 Garfield Ave, West Chester, PA 19380

Radius 1 Mile 3 Mile 5 Mile

2020 Population by Occupation 13,546 73,496 121,696

Real Estate & Finance 503 3.71% 3,685 5.01% 6,582 5.41%

Professional & Management 4,041 29.83% 24,819 33.77% 42,641 35.04%

Public Administration 127 0.94% 843 1.15% 1,268 1.04%

Education & Health 1,772 13.08% 9,206 12.53% 15,349 12.61%

Services 1,744 12.87% 6,545 8.91% 9,552 7.85% Information 142 1.05% 990 1.35% 1,710 1.41% Sales 1,493 11.02% 9,349 12.72% 15,511 12.75% Transportation 250 1.85% 1,242 1.69% 1,981 1.63% Retail 920 6.79% 4,692 6.38% 7,213 5.93% Wholesale 216 1.59% 1,314 1.79% 2,136 1.76% Manufacturing 732 5.40% 3,821 5.20% 6,417 5.27% Production 497 3.67% 2,138 2.91% 3,318 2.73% Construction 324 2.39% 1,454 1.98% 2,337 1.92% Utilities 277 2.04% 1,388 1.89% 2,183 1.79%

Agriculture & Mining 115 0.85% 222 0.30% 539 0.44%

Farming, Fishing, Forestry 86 0.63% 122 0.17% 334 0.27%

Other Services 307 2.27% 1,666 2.27% 2,625 2.16%

2020 Worker Travel Time to Job 7,158 37,380 60,617

<30 Minutes 4,871 68.05% 24,304 65.02% 38,657 63.77% 30-60 Minutes 1,844 25.76% 10,025 26.82% 17,004 28.05% 60+ Minutes 443 6.19% 3,051 8.16% 4,956 8.18% 2010 Households by HH Size 4,594 23,917 40,960 1-Person Households 1,547 33.67% 6,525 27.28% 10,501 25.64% 2-Person Households 1,448 31.52% 8,058 33.69% 14,106 34.44% 3-Person Households 667 14.52% 3,634 15.19% 6,400 15.63% 4-Person Households 634 13.80% 3,640 15.22% 6,236 15.22% 5-Person Households 191 4.16% 1,398 5.85% 2,554 6.24% 6-Person Households 59 1.28% 432 1.81% 813 1.98%

7 or more Person Households 48 1.04% 230 0.96% 350 0.85%

2020 Average Household Size 2.30 2.50 2.50

Households 2025 Projection 5,538 27,614 46,218 2020 Estimate 5,347 26,821 45,038 2010 Census 4,595 23,917 40,960 Growth 2020 - 2025 3.57% 2.96% 2.62% Growth 2010 - 2020 16.37% 12.14% 9.96%

Copyrighted report licensed to Capital Commercial Real Estate Group - 1150863. 4/16/2021

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207 Garfield Ave, West Chester, PA 19380

Radius 1 Mile 3 Mile 5 Mile

2020 Households by HH Income 5,346 26,821 45,038 <$25,000 1,031 19.29% 3,720 13.87% 4,827 10.72% $25,000 - $50,000 843 15.77% 3,706 13.82% 5,806 12.89% $50,000 - $75,000 995 18.61% 4,086 15.23% 6,644 14.75% $75,000 - $100,000 570 10.66% 3,179 11.85% 5,191 11.53% $100,000 - $125,000 615 11.50% 2,896 10.80% 5,009 11.12% $125,000 - $150,000 497 9.30% 2,404 8.96% 4,289 9.52% $150,000 - $200,000 441 8.25% 2,858 10.66% 5,192 11.53% $200,000+ 354 6.62% 3,972 14.81% 8,080 17.94%

2020 Avg Household Income $89,779 $115,749 $126,821 2020 Med Household Income $69,850 $89,929 $100,255

2020 Occupied Housing 5,347 26,821 45,038 Owner Occupied 2,188 40.92% 16,373 61.05% 30,276 67.22% Renter Occupied 3,159 59.08% 10,448 38.95% 14,762 32.78% 2010 Housing Units 5,627 28,206 47,482 1 Unit 2,885 51.27% 18,319 64.95% 33,810 71.21% 2 - 4 Units 848 15.07% 2,029 7.19% 2,712 5.71% 5 - 19 Units 725 12.88% 4,628 16.41% 6,812 14.35% 20+ Units 1,169 20.77% 3,230 11.45% 4,148 8.74% 2020 Housing Value 2,187 16,372 30,276 <$100,000 17 0.78% 366 2.24% 579 1.91% $100,000 - $200,000 178 8.14% 1,082 6.61% 1,660 5.48% $200,000 - $300,000 571 26.11% 2,704 16.52% 4,749 15.69% $300,000 - $400,000 642 29.36% 3,907 23.86% 6,411 21.18% $400,000 - $500,000 444 20.30% 4,077 24.90% 6,845 22.61% $500,000 - $1,000,000 318 14.54% 4,125 25.20% 9,590 31.68% $1,000,000+ 17 0.78% 111 0.68% 442 1.46%

2020 Median Home Value $351,012 $403,115 $425,405

2020 Housing Units by Yr Built 5,641 28,252 47,628

Built 2010+ 750 13.30% 3,331 11.79% 5,155 10.82% Built 2000 - 2010 229 4.06% 2,267 8.02% 4,323 9.08% Built 1990 - 1999 249 4.41% 2,906 10.29% 7,396 15.53% Built 1980 - 1989 502 8.90% 4,165 14.74% 8,196 17.21% Built 1970 - 1979 792 14.04% 4,552 16.11% 7,162 15.04% Built 1960 - 1969 430 7.62% 3,595 12.72% 5,606 11.77% Built 1950 - 1959 596 10.57% 2,559 9.06% 3,837 8.06% Built <1949 2,093 37.10% 4,877 17.26% 5,953 12.50%

References

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