Retail & Office Building for Sale 1010 Baltimore Boulevard...1010 Baltimore Boulevard Westminster, Maryland Global Solutions. Serving the Mid-Atlantic Region Since 1968 Local Expertise

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Confidential Offering Memorandum presented by: Andy Georgelakos, SIOR Brad Berzins, SIOR tel +1 443 632 2060 tel +1 443 632 2048 cell +1 443 324 7090 cell +1 410 207 7467 fax +1 410 290 0723 fax +1 410 321 0129 email [email protected] email [email protected]

Retail & Office Building for Sale1010 Baltimore BoulevardWestminster, Maryland

Global Solutions. Serving the Mid-Atlantic Region Since 1968

Local Expertise.

2

03 Section 01 Property Description

04 Section 02 Market Aerial

06 Section 03 Market Demographics

12 Section 04 Interior/Exterior Photos

Table ofContents

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1010Baltimore Boulevard

PropertyDescription

Address1010 Balitmore BoulevardWestminster, MD 21157

Property Two-storybank branch/office building w/drive-thru lanes

StoriesTwo

Building Size±2,546 SF Finished bank branch on first floor±2,546 SF Roughed-in office space on second floor±5,092 SF Total

Year BuiltBuilt 2008

1st FloorFirst floor has carpet in offices and teller area; laminate in lobby; vinyl in kitchenette, bath and other areas. Second floor is exposed plywood except baths and kitchenette which have vinyl.

LightingFluorescent recessed

CeilingSuspended acoustical tile and painted drywall

WallsPainted drywall

HVACFully HVAC

SprinklerNone

Special FeaturesVault; two drive-through lanes with pitched roof (25’x 30’±); architechtural details including arched entry; false chimneys; cupola; quoin corners with matching lintels.

ZoningI-R

42Market Aerial


5

47,346(2010 ADT)

23,882(2010 ADT)

59,531(2010 ADT)

45,071(2010 ADT)

10,380

(2010 ADT)

WESTMINSTERCARROLL COUNTY, MARYLAND

- Google Earth Pro -Fall 2010 Aerial Photograph

While we have no reason to doubt the accuracy of any of the information supplied, we cannot, and do

not, guarantee its accuracy.

140 Village SC

Crossroads Square

WestminsterCrossing West

Carroll Plaza

Westminster SC

Town Mall of Westminster

Cranberry Square

College Square

Westminster Crossing East

State Police

Martins Caterers

Shoppes at Meadow Creek

Westminster Gateway

(37,974 SF)

(92,000 SF)

(247,136 SF combined with East)

(247,136 SFcombined with West)

(92,982 SF)

(130,170 SF)

(149,798 SF)

(228,524 SF)

(91,139 SF)

(81,029 SF)

(557,245 SF)

PROPOSED

PROPOSED

1010 BALTIMORE BLVD

MarketAerial


6

CarrollCounty

PRINCEGEORGE’S

BALTIMORE

WASHINGTON

Carrol County Regional Overview

MarketDemographics

3

7

3 Market Overview

Custom Map

May 28, 2015

Made with Esri Business Analyst©2015 Esri www.esri.com/ba 800-447-9778 Try it Now! Page 1 of 1

Drive Time - 20 milesDemographics

Population Average Family Size

Median HH Income

Median Home Value

Have a bachelor’s Degree or higher

Median Age

Average HH Income

Daytime Population

163,025 2.63

40.5

$100,462

72,937

$80,403

$312,810

22.2%

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Retail 1 MileDemographics

3 Market Overview

Demographic and Income Profile1010 Baltimore Blvd, Westminster, Maryland, 21157Ring: 1 mile radius Latitude: 39.55650

Longitude: -76.96088

Summary Census 2010 2015 2020Population 1,773 1,873 1,950Households 665 710 743Families 439 466 486Average Household Size 2.65 2.62 2.61Owner Occupied Housing Units 509 534 552Renter Occupied Housing Units 156 176 192Median Age 45.0 46.3 47.2

Trends: 2015 - 2020 Annual Rate Area State NationalPopulation 0.81% 0.73% 0.75%Households 0.91% 0.73% 0.77%Families 0.84% 0.65% 0.69%Owner HHs 0.67% 0.75% 0.70%Median Household Income 3.36% 2.36% 2.66%

2015 2020 Households by Income Number Percent Number Percent

<$15,000 61 8.6% 57 7.7%$15,000 - $24,999 77 10.8% 63 8.5%$25,000 - $34,999 46 6.5% 36 4.8%$35,000 - $49,999 88 12.4% 75 10.1%$50,000 - $74,999 105 14.8% 107 14.4%$75,000 - $99,999 75 10.6% 117 15.7%$100,000 - $149,999 65 9.2% 101 13.6%$150,000 - $199,999 120 16.9% 110 14.8%$200,000+ 74 10.4% 77 10.4%

Median Household Income $68,371 $80,668Average Household Income $101,438 $110,384Per Capita Income $41,568 $45,465

Census 2010 2015 2020 Population by Age Number Percent Number Percent Number Percent

0 - 4 90 5.1% 91 4.9% 94 4.8%5 - 9 77 4.3% 100 5.3% 98 5.0%10 - 14 107 6.0% 88 4.7% 110 5.6%15 - 19 127 7.2% 106 5.7% 83 4.3%20 - 24 97 5.5% 113 6.0% 88 4.5%25 - 34 174 9.8% 199 10.6% 230 11.8%35 - 44 215 12.1% 205 10.9% 226 11.6%45 - 54 310 17.5% 278 14.8% 242 12.4%55 - 64 239 13.5% 316 16.9% 323 16.6%65 - 74 149 8.4% 186 9.9% 239 12.3%75 - 84 122 6.9% 117 6.2% 134 6.9%

85+ 66 3.7% 74 4.0% 84 4.3%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 1,666 94.0% 1,742 93.1% 1,790 91.8%Black Alone 37 2.1% 44 2.4% 52 2.7%American Indian Alone 4 0.2% 4 0.2% 4 0.2%Asian Alone 29 1.6% 36 1.9% 46 2.4%Pacific Islander Alone 1 0.1% 1 0.1% 2 0.1%Some Other Race Alone 21 1.2% 26 1.4% 31 1.6%Two or More Races 15 0.8% 19 1.0% 25 1.3%

Hispanic Origin (Any Race) 50 2.8% 62 3.3% 78 4.0%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020.

May 28, 2015

©2015 Esri Page 1 of 6



AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t) 3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2015 Household Income 2015 Household Income

<$15K8.6%

$15K - $24K10.8%

$25K - $34K6.5%$35K - $49K

12.4%

$50K - $74K14.8%

$75K - $99K10.5%

$100K - $149K9.1%

$150K - $199K16.9%

$200K+10.4%

2015 Population by Race2015 Population by Race

Perc

ent

90

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2015 Percent Hispanic Origin: 3.3%


May 28, 2015


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3 Market Overview



Summary Census 2010 2015 2020Population 24,475 24,767 25,079Households 9,221 9,348 9,481Families 5,878 5,913 5,966Average Household Size 2.49 2.49 2.49Owner Occupied Housing Units 6,041 5,957 6,043Renter Occupied Housing Units 3,180 3,391 3,438Median Age 39.8 40.3 40.9



<$15,000 1,042 11.1% 980 10.3%$15,000 - $24,999 800 8.6% 660 7.0%$25,000 - $34,999 640 6.8% 530 5.6%$35,000 - $49,999 1,121 12.0% 975 10.3%$50,000 - $74,999 1,384 14.8% 1,269 13.4%$75,000 - $99,999 1,389 14.9% 1,595 16.8%$100,000 - $149,999 1,436 15.4% 1,685 17.8%$150,000 - $199,999 1,081 11.6% 1,265 13.3%$200,000+ 456 4.9% 521 5.5%



0 - 4 1,363 5.6% 1,289 5.2% 1,260 5.0%5 - 9 1,385 5.7% 1,410 5.7% 1,326 5.3%10 - 14 1,430 5.8% 1,434 5.8% 1,464 5.8%15 - 19 1,987 8.1% 1,753 7.1% 1,741 6.9%20 - 24 2,108 8.6% 1,997 8.1% 1,703 6.8%25 - 34 2,651 10.8% 3,148 12.7% 3,182 12.7%35 - 44 3,037 12.4% 2,673 10.8% 2,970 11.8%45 - 54 3,930 16.1% 3,571 14.4% 3,065 12.2%55 - 64 3,017 12.3% 3,448 13.9% 3,606 14.4%65 - 74 1,773 7.2% 2,238 9.0% 2,693 10.7%75 - 84 1,214 5.0% 1,156 4.7% 1,389 5.5%

85+ 582 2.4% 649 2.6% 680 2.7%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 21,992 89.9% 21,895 88.4% 21,739 86.7%Black Alone 1,118 4.6% 1,234 5.0% 1,373 5.5%American Indian Alone 81 0.3% 91 0.4% 96 0.4%Asian Alone 412 1.7% 490 2.0% 593 2.4%Pacific Islander Alone 12 0.0% 14 0.1% 17 0.1%Some Other Race Alone 401 1.6% 487 2.0% 576 2.3%Two or More Races 460 1.9% 556 2.2% 684 2.7%

Hispanic Origin (Any Race) 1,127 4.6% 1,369 5.5% 1,616 6.4%Data Note: Income is expressed in current dollars.


May 28, 2015




AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

3

2.5

2

1.5

1

0.5

Population Households Families Owner HHs Median HH Income

20152020


Perc

ent

14

12

10

8

6

4

2

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K11.1%

$15K - $24K8.6%

$25K - $34K6.8%

$35K - $49K12.0%

$50K - $74K14.8%

$75K - $99K14.9%

$100K - $149K15.4%

$150K - $199K11.6%

$200K+4.9%


Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+



May 28, 2015


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3 Market Overview



Summary Census 2010 2015 2020Population 49,370 49,670 50,140Households 18,248 18,454 18,677Families 12,711 12,764 12,857Average Household Size 2.61 2.59 2.59Owner Occupied Housing Units 13,531 13,379 13,537Renter Occupied Housing Units 4,717 5,075 5,140Median Age 40.5 41.4 42.2



<$15,000 1,495 8.1% 1,389 7.4%$15,000 - $24,999 1,268 6.9% 1,018 5.5%$25,000 - $34,999 1,218 6.6% 951 5.1%$35,000 - $49,999 2,036 11.0% 1,744 9.3%$50,000 - $74,999 2,789 15.1% 2,495 13.4%$75,000 - $99,999 2,876 15.6% 3,189 17.1%$100,000 - $149,999 3,281 17.8% 3,709 19.9%$150,000 - $199,999 2,316 12.6% 2,819 15.1%$200,000+ 1,175 6.4% 1,363 7.3%



0 - 4 2,724 5.5% 2,558 5.2% 2,500 5.0%5 - 9 3,085 6.2% 2,899 5.8% 2,702 5.4%10 - 14 3,422 6.9% 3,276 6.6% 3,147 6.3%15 - 19 3,837 7.8% 3,531 7.1% 3,453 6.9%20 - 24 3,443 7.0% 3,363 6.8% 2,912 5.8%25 - 34 4,988 10.1% 5,809 11.7% 5,969 11.9%35 - 44 6,471 13.1% 5,604 11.3% 5,992 12.0%45 - 54 8,289 16.8% 7,623 15.3% 6,538 13.0%55 - 64 6,096 12.3% 6,898 13.9% 7,377 14.7%65 - 74 3,495 7.1% 4,484 9.0% 5,328 10.6%75 - 84 2,372 4.8% 2,315 4.7% 2,831 5.6%

85+ 1,147 2.3% 1,309 2.6% 1,389 2.8%Census 2010 2015 2020

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 45,018 91.2% 44,623 89.8% 44,233 88.2%Black Alone 1,957 4.0% 2,176 4.4% 2,439 4.9%American Indian Alone 111 0.2% 123 0.2% 129 0.3%Asian Alone 865 1.8% 1,033 2.1% 1,255 2.5%Pacific Islander Alone 17 0.0% 19 0.0% 22 0.0%Some Other Race Alone 518 1.0% 624 1.3% 736 1.5%Two or More Races 883 1.8% 1,073 2.2% 1,325 2.6%

Hispanic Origin (Any Race) 1,661 3.4% 2,018 4.1% 2,387 4.8%Data Note: Income is expressed in current dollars.


May 28, 2015




AreaStateUSA

Trends 2015-2020Trends 2015-2020

Ann

ual Rat

e (i

n pe

rcen

t)

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20152020


Perc

ent

14

12

10

8

6

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K8.1%

$15K - $24K6.9%

$25K - $34K6.6%

$35K - $49K11.0%

$50K - $74K15.1%

$75K - $99K15.6%

$100K - $149K17.8%

$150K - $199K12.6%

$200K+6.4%


Perc

ent

80

70

60

50

40

30

20

10

White Black Am. Ind. Asian Pacific Other Two+



May 28, 2015


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3 Market OverviewRetailTraffic Count MapTraffic Count Map

1010 Baltimore Blvd, Westminster, Maryland, 211571010 Baltimore Blvd, Westminster, Maryland, 21157 Latitude: 39.5565Ring: 1, 3, 5 Miles Longitude: -76.96088

May 28, 2015


Source: ©2012 Market Planning Solutions, Inc.

Traffic Count Map1010 Baltimore Blvd, Westminster, Maryland, 211571010 Baltimore Blvd, Westminster, Maryland, 21157 Latitude: 39.5565Ring: 1, 3, 5 Miles Longitude: -76.96088

May 28, 2015




May 28, 2015




May 28, 2015



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Interior/Exterior Images

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13

4 Interior/Exterior Images

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100 West RoadSuite 505Towson, Maryland 21204+1 410 321 0100www.naiklnb.com

WHILE WE HAVE NO REASON TO DOUBT THE ACCURACY OF ANY OF THE INFORMATION SUPPLIED, WE CANNOT, AND DO NOT, GUARANTEE ITS ACCURACY. ALL INFORMATION SHOULD BE INDEPENDENTLY VERIFIED PRIOR TO A PURCHASE OR LEASE OF THE PROPERTY. WE ARE NOT RESPONSIBLE FOR ERRORS, OMISSIONS, MISUSE, OR MISINTERPRETATION OF INFORMATION CONTAINED HEREIN & MAKE NO WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO THE PROPERTY OR ANY OTHER MATTERS.

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Retail & Office Building for Sale 1010 Baltimore Boulevard...1010 Baltimore Boulevard Westminster, Maryland Global Solutions. Serving the Mid-Atlantic Region Since 1968 Local Expertise