PLANTATION VILLAGE SHOPPING CENTER

PLANTATION, FL
34,431 SF Retail Strip Center Investment Opportunity

Capital Markets | Private Client Group

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 1 EXECUTIVE SUMMARY
PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 2 EXECUTIVE SUMMARY
ASSET PROFILE

Property Name: Plantation Village Shopping Center

Location: 5201-5225 West Broward Boulevard
Plantation, Florida 33317
Building Size: 34,431 Square Feet
Site Area: 4.08 Acres
Year Built: 1973
NOI (In-Place): $269,060

ASKING PRICE $3,650,000 ($106.01 PSF)

INVESTMENT HIGHLIGHTS

DISCOUNT TO REPLACEMENT COST FLEXIBLE BAY SIZES

The property is being offered at a price of $106 per square foot, a
significant discount to replacement cost, and substantially below the
average price of $172 per square foot for shopping centers sold in
South Florida in 2008.
HIGH TRAFFIC CORRIDOR
The property is located on Broward Boulevard, a major arterial in this
region with an interchange at I-95 to the east. Traffic counts exceed
36,500 cars per day in front of the subject property.
IDEAL TENANT MIX
The center offers a nice mixture of retail, service, professional offices,
and restaurants with many tenants having long histories at the property.
Debbie’s Uniforms acts as a mini-anchor, as they draw customer’s from
all of Broward County.
EXCELLENT PHYSICAL CONDITION
The property has extremely attractive curb appeal and pride of
ownership with Spanish tile roof and colonial accents. A new owner
will have minimal capital contributions over the long-term.
The property is designed with a variety of bay sizes as small as 580
square feet, offering attractive leasing alternatives for a multitude of
uses.
LIMITED RETAIL COMPETITION
The property offers a unique neighborhood retail leasing alternative
in this submarket, as Broward Boulevard between I-95 and University
Drive maintains very few similar competing retail centers. Tenants
looking for easily accessible space in this market will be drawn to
Plantation Village Shopping Center.
EXCELLENT ACCESS AND AMPLE PARKING
The property is located at the intersection of Broward Boulevard and NW
53rd Avenue, which maintains a traffic signal. There is also an entrance
with a full median cut on Broward Boulevard, as well as multiple access
points on 53rd Avenue.

ATTRACTIVE NEIGHBORHOOD DEMOGRAPHICS

The property is surrounded by established higher income family
neighborhoods of east Plantation including Plantation Gardens and
Plantation Park. The average housing value within one mile is $354,479,
with an average household income of $79,877.

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 4 EXECUTIVE SUMMARY

 N

Plantation Village
Shopping Center

Broward Boulevard

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 1 PROPERTY OVERVIEW

BUILDING & SITE DESCRIPTION

Location 5201-5225 West Broward Boulevard

Plantation, FL 33317

Plantation Village Shopping Center is located

immediately west of the Florida Turnpike in the
northeast quadrant of the signalized intersection
of Broward Boulevard and NW 53rd Avenue in
Plantation, Broward County, Florida.

Land Area +/- 4.08 acres

GLA 34,431 Square Feet

Year Built 1973

Access Ingress and egress is provided by two entrances.

The main entrance on Broward Boulevard allows
traffic access from both directions provided by a
full median cut. The entrance on NW 53rd Avenue
provides ingress and egress in both directions and
maintains a traffic signal.

Site Description/
Frontage Primary frontage of +/- 216 feet along Broward Parking 208 spaces of which 7 are designated as
Boulevard, a 6-lane major east/west artery in handicap parking.
Broward County. Secondary frontage of +/- 323 (6.04 spaces per/1,000 SF).
feet is along NW 53rd Avenue. The property is
bound to the south by Broward Boulevard, a Citgo Zoning B-1P (Neighborhood Business - City of Plantation)
gas station, and to the west by NW 53rd Avenue, to
the north by residential development and the east Flood Zone According to FEMA’s National Flood
by the Florida Turnpike. Insurance Program Community Panel
Number 12011C0214F, the Property is located in
Zone “AH”, an area determined to be in the 100-
year flood plan.

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 2 PROPERTY OVERVIEW

BUILDING & SITE DESCRIPTION (CONT’D)

Site Improvements Drainage

Dumpster pads and/or concrete enclosures
Concrete walks
Access ramps and curbing
Exterior lighting
Landscaping

Traffic Counts DOT County Site Vehicles Per Day

Broward Blvd. W of NW 53rd Avenue 36,500

2008 Tax Folio #: 50-41-02-01-0010

Assessments Land Assessment: $1,497,290
Bldg. Assessment: $1,000,110
Total Assessment: $2,497,400
Real Estate Taxes: $49,201

Folio #: 50-41-02-01-0230
Land Assessment: $545,510
Bldg. Assessment: N/A
Total Assessment: $545,510
Real Estate Taxes: $10,797

Total Assessments: $3,042,910

Total Real Estate Taxes: $59,998

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 3 PROPERTY OVERVIEW

CONSTRUCTION DETAILS

Foundation/Floor Reinforced poured concrete slab on grade with

vapor barrier over granular base, and compact fill.

Structure The building is a CBS masonry type structure with

metal bar joist construction.

Roof Built-up fiberglass roof system over a lightweight

concrete roof deck.

Windows The building is constructed with conventional

extruded aluminum store front systems wth anodized
finishes.

Pedestrian Doors Front entrance doors are metal frame with insert
glass panels, handles and weather striping. Rear
entrance doors are of metal with metal frame.

Electric The electrical service to the property is provided

underground; each retail suite has their own Interior Detail (cont’d)
separately metered service.
HVAC - Individual roof mounted central air
Interior Detail Floor Covering - Carpet, vinyl tile and/or wood over conditioning and insulated duct system for each
concrete slabs. tenant bay.

Walls - Gypsum wallboard taped, and sanded on Restrooms - Each tenant space is improved with one
metal studs. Painted or textured finishes. restroom, consisting of a toilet and lavatory.

Ceilings - Grid system with lay-in acoustical ceiling

panels.

Lighting - High intensity, building-mounted lights

and pole-mounted high intensity lights illuminate
the parking areas. Recessed fluorescent lights
illuminate the interior bays.

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 4 PROPERTY OVERVIEW

SITE PLAN
Bay Tenant
5201 Little Ceasar’s
5207 James Hair Design
5209 Catering by Jay
N 5211 Vacant
5213 Vacant
5215 Green Dwellers
5217-19 Jeannie’s Pub & Grub
5221A Green Wave Cafe
5221B Vacant

5225 D
5225 C

5225 B
5243

5241
5239
5237
5235
5231
5229
5227
5223A Inches Away
5223B Anderson Design Studio’s
5225A Realty Pros of Florida
5225 A 5225B Ft. Lauderdale Power Squadron
5225C Debbie’s School Uniforms
5223 B 5225D Pink Pussycat Florist
5227 Princess Salon

ike
5223 A
5229 Twice But Nice

Turnp
5221 B 5231 My Foxy Lady
NW 53rd Avenue

5221 A 5235 Vacant

lorida
5237 Barbara Sunshine
5217
5239 Speedy Printing Express
5241 State Farm Insurance

The F
5215
5213 5243 Pink Pussycat Florist
5211
5209
FLORIDA

CITGO TURNPIKE

5207
N/I
5201

W. Broward Boulevard

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 5 PROPERTY OVERVIEW

CITY OF PLANTATION
The city of Plantation is located primarily north of I-595, south of Sunrise
Boulevard and west of 441 to the Sawgrass Expressway. The city encompasses
approximately 22.8 square miles and has a population of approximately
84,891 people. The median household income of Plantation is $53,700,
well above the median household income of Broward County of $41,700.
One of Broward County’s older western suburban municipalities, the city
was incorporated in 1953. Most of Plantation’s rapid population growth
occurred in the 1980’s and 1990’s.
PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA
The city of Plantation is located in the geographic center of Broward
County. The city has access to the four major arterials in this region,
creating an excellent location for corporations looking to serve the
South Florida region. Major employers in Plantation include American
Express, Motorola, Florida, Power and Light, Plantation General Hospital,
and Westside Regional Medical Center. Plantation has created a central
redevelopment core kown as Plantation Midtown District that comprises
860 acres. It is located north and south of the intersection of Broward
Boulevard and University Drive and is spurring significant redevelopment
activity. Two major projects planned in the redevelopment core include
Stiles Corporation’s One Plantation Place, a mixed-use development
located just north of I-595 on University Drive. This development will
include 83,000 sf of retail, 40,000 sf of office, and 525 residential units.
Additionally, West City Partners has recently opened Veranda, another
mixed-use development containing a new Publix as well as 398 residential
units, located just north of Broward Boulevard and west of University
Drive.
Business prospers in the City of Plantation as they boast one of the lowest
millage rates in the county, and a well educated and technology savvy
workforce. Additionally, the city government is committed to business
district redevelopment, neighborhood improvement, and increasing
Plantation’s desirability without comprising its quality of life.
1 MARKET OVERVIEW
NEIGHBRHOOD OVERVIEW
The demographics of the area change from a lower to middle income
neighborhood along US 441 to the east, to a middle to upper middle
income neighborhood west of the Florida Turnpike. Families have lived
in the neighborhoods surrounding the subject property for many years
as they are attracted to the larger residential lots. The average housing
value within a one mile radius of the subject property is $354,479, with
an average household income of $79,877.
Retail development in the trade area is concentrated on US 441 to the
east, Broward Boulevard, and University Drive to the west. The main cat-
alyst for retail activity in this trade area is the Broward Mall, located less
than two miles west of the subject property. Broward Mall is a 1.0 million
square foot super regional mall located at the intersection of Broward
Boulevard and University Drive. The property is anchored by Dillard’s, JC-
Penney, Macy’s, and Sears. Another major retail development in the area
is Fountain Shoppes, located just south of Broward Mall on University
Drive. This center contains 477,626 square feet and is scheduled for a
major redevelopment, with Kohl’s recently committing to the center. Also
located to the north of Broward Mall is a major planned redevelopment
project known as 321 North, formerly known as The Fashion Mall. This
project will be undergoing a significant redevelopment that will include
650,000 square feet of retail space, 300,000 square feet of office space,
and 400-600 apartments and condominiums. Muvico Theaters recently
committed to this mixed-use project.
One-Mile Three-Mile Five-Mile
2008 Estimated Population 10,746 158,341 401,278
2008 Estimated Median Age 37.26 35.08 38.00
2008 Average Household Income $79,877 $57,240 $57,743
2008 Average Housing Value $354,479 $253,717 $268,022
PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA
Along the nearly two mile stretch on Broward Boulevard from the subject
property (at Florida’s Turnpike) to University Drive is only a handful of
multi-tenant retail centers. Broward Boulevard is a major arterial in this
region, however there is no commercial development along the south
side of the street until you reach University Drive. The north side of Bro-
ward Boulevard has two neighborhood centers – Plantation Towne Square
and Plantation Marketplace, both centers much larger than the subject
property. Base rental rates in these two centers range from $22.00 psf to
$30.00 psf. Other than Vanella Plaza located adjacent to the west side
of the subject property, there is no other retail competition along this two
mile stretch of Broward Boulevard. Tenants looking to serve this estab-
lished trade area, and desiring Broward Boulevard exposure and access,
have very few options for retail space.
COMPETITIVE PROPERTY SUMMARY
The following pages summarize seven shopping centers within a two mile
radius of Plantation Village. Base rental rates for centers west of Florida’s
Turnpike are clearly higher than those centers along the US 441 corridor
to the east. Both Plantation Village and Vanella Plaza maintain rents at
the low end of the range for the centers west of Florida’s Turnpike. Most
competing centers maintain occupancy levels above 90% except for larger
centers Westgate Plaza and Plantation Marketplace. Both centers suffer
from poor designs, and relatively weaker anchor tenancy, or no anchor in
the case of Westgate Plaza. These centers have persistent vacancy issues,
even in healthy markets, due to functional design issues. Operating
expense reimbursements in the competing centers range from $5.00 psf
to $9.80 psf, with Plantation Village currently at $6.91 psf.
2 MARKET OVERVIEW
 COMPETITIVE RETAIL CENTERS

Map Center Name/ Key Tenants Year Leasable Occupancy Rate Base Rental Expense
Number Address Built Area (%) (PSF) Reimbursements
(PSF)
Subject Plantation Village Shopping Center Debbie’s Uniform’s; 1973 34,431 90.7% $12.00-$15.00 $6.91
5201 West Broward Boulevard Little Ceasars

1 Vanella Plaza Discount Foods 1957 15,200 96.1% $15.00 $3.25

5301 West Broward Boulevard

2 Plantation Town Square Publix 2001 107,000 96.4% $30.00 $9.00

6989 West Broward Boulevard

3 Plantation Marketplace Winn Dixie, CVS, 1962 230,330 87.7% $22.00-$24.00 $9.80
7033 West Broward Boulevard Big Lots

4 Plantation Community Plaza Vitamin Shoppes 1975 37,000 100% $25.00 $8.25
214 South University Drive

5 Westgate Plaza Footwear Plus 1972 121,406 71.4% $10.00-$16.00 $5.60

1555 North State Road 7

6 West Broward Shopping Center Sav-A-Lot, Badcock, 1965 156,236 98.7% $16.00-$18.00 $6.90
3801 West Broward Boulevard Walgreens

7 Plantation Plaza Cora Health, 1986 24,205 85% $10.00 $5.00

705 South State Road 7 Domino’s Pizza

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 3 MARKET OVERVIEW

COMPETITIVE RETAIL CENTERS MAP

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 4 MARKET OVERVIEW

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 5 MARKET OVERVIEW
RENT ROLL

Lease Term Current Rent Rent Escalations Options Expense Reimbursements

Annual
Area Per Sq. CAM, INS, Total PSF
Bay Tenant / Use (SF) Start / End Ft. Annually Rate Timing Type Rate & RET (Method) Comments
5201 Little Ceasar’s 1,350 05/01/2004 $17.06 $23,031 N/A N/A None $8,559 $6.34 Tenant since 1982.
Pizza Restaurant 04/30/2009 (2) Landlord responsible
for AC units.

5207 James Hair Design 600 06/29/2006 $13.90 $8,340 Annual CPI - 7/09 (1) 5 Annual CPI - $4,146 $6.91
Barber Shop 06/30/2011 6% Min - 10% Year 6% Min - 10% (1)
Max Max

5209 Catering by Jay 580 04/25/2008 $14.00 $8,120 Annual CPI - 4/09 (1) 3 Annual CPI - $4,008 $6.91
Catering Facility 03/31/2011 4% Min - 6% Year 4% Min - 6% (1)
Max Max

5211 Available 588

5213 Available 615

5215 Green Dwellers 860 04/07/2008 $10.00 $8,600 $11.00 PSF 4/09 (1) 3 Annual CPI - $5,943 $6.91
Home Goods 03/31/2011 Annual CPI - 4/10 Year 6% Min - 10% (1)
6% Min - 10% Max
Max
5217- Jeannie’s Pub & Grub 1,920 07/07/2007 $15.00 $28,800 Annual CPI - 6/09 (1) 5 Annual CPI - $13,267 $6.91 Tenant since 1996
19 Restaurant/Bar 05/31/2012 6% Min - 10% Year 6% Min - 10% (1)
Max Max

5221A Green Wave Cafe 769 06/01/2008 $12.00 $9,228 Annual CPI - 6/09 (1) 2 Annual CPI - $5,314 $6.91
Raw Food School and 05/31/2010 6% Min - 10% Year 6% Min - 10% (1)
Juice Bar Max Max

5221B Available 806

5223A Inches Away 1,703 12/03/2007 $14.00 $23,842 Annual 4.5% 1/09 (1) 3 Annual 4.5% $11,768 $6.91 Exclusive use as weight
Weight Loss Center for 12/31/2010 Increases Year Increases (1) loss center/exercise fa-
Women cility.

5223B Anderson Design 736 07/29/2008 $11.00 $8,096 N/A N/A (1) 1 Annual CPI - $5,086 $6.91
Studio’s 07/31/2009 Year 6% Min - 10% (1)
Architectural Design Max
Office
5225A Realty Pros of Florida 3,600 06/09/2007 $5.00 $18,000 Annual CPI - 2/09 (1) 5 Annual CPI - $24,876 $6.91
Real Estate & Property 06/30/2012 6% Min - 10% Year 6% Min - 10% (1)
Management Office Max Max

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 1 FINANCIAL ANALYSIS

RENT ROLL

Lease Term Current Rent Rent Escalations Options Expense Reimbursements

Annual
Area Per Sq. CAM, INS, Total PSF
Bay Tenant / Use (SF) Start / End Ft. Annually Rate Timing Type Rate & RET (Method) Comments
5225B Ft Lauderdale Power 2,509 01/08/2008 $5.00 $12,545 Annual CPI - 1/09 (1) 5 Annual CPI - $17,337 $6.91 Tenant only paying op-
Squadron 12/31/2012 6% Min - 10% Year 6% Min - 10% (1) erating expenses until
Boat Safety Classes Max Max May 2009 when base
rent commences.
5225C Debbie’s School Uni- 7,491 05/29/2004 $7.50 $56,182 Annual 3.5% 6/09 (1) 5 Annual 3.5% $51,763 $6.91
forms 05/31/2012 Increases Year Increases (1)
Children’s School
Uniforms
5225D Pink Pussycat Florist 2,784 10/18/2004 $5.00 $10,605 Annual CPI - 4/09 (1) 5 Annual CPI - $14,656 $6.91 Tenant rent is calculated
Florist Shop 03/31/2010 3% Min - 5% Year 3% Min - 5% (1) on 2,121 SF.
Max Max
5227 Princess Salon 920 04/05/2007 $15.00 $13,800 Annual CPI - 4/09 (1) 3 Annual CPI - $6,357 $6.91
Nail Salon 05/31/2010 6% Min - 10% Year 6% Min - 10% (1)
Max Max
5229 Twice But Nice 600 07/11/2005 $13.48 $8,088 Annual CPI - 6/09 (1) 3 Annual CPI - $4,146 $6.91 Tenant since 1998.
Clothing Consignment 05/31/2008 6% Min - 10% Year 6% Min - 10% (1)
Shop Max Max
5231 My Foxy Lady 600 03/02/2007 $15.00 $9,000 Annual CPI - 3/09 (1) 5 Annual CPI - $4,146 $6.91 Exclusive use as Beauty
Beauty Salon 04/30/2012 6% Min - 10% Year 6% Min - 10% (1) Salon.
Max Max
5235 Available 1,200

5237 Barbara Sunshine 600 07/01/2004 $11.95 $7,170 N/A (1) 5 Annual CPI - $4,146 $6.91
Law Office 06/30/2009 Year 3% Min - 5% (1)
Max
5239 Speedy Printing Express 600 04/02/2004 $13.76 $8,256 N/A None $4,146 $6.91
Commercial Printing 03/31/2009 (1)
Shop
5241 State Farm Insurance 600 02/14/2006 $12.72 $7,632 Annual CPI - 4/09 (1) 5 Annual CPI - $4,146 $6.91
Insurance Office 03/31/2011 6% Min - 10% Year 6% Min - 10% (1)
Max Max

5243 Piny Pussycat Florist 2,400 10/18/2004 $11.39 $27,336 Annual CPI - 4/09 (1) 5 Annual CPI - $16,584 $6.91
Florist Shop 03/31/2010 3% Min - 5% Year 3% Min - 5% (1)
Max Max

TOTAL 34,431 $296,671 $210,394

Notes to Expense Reimbursements:

[1] Tenant pays prorata share of real estate taxes, insurance and CAM.
[2] Tenant pays prorata share of real estate taxes, insurance and CAM, excluding management.

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 2 FINANCIAL ANALYSIS

IN-PLACE & PROFORMA INCOME

In-Place Proforma
(90.7%) Per S.F. (95.0%) Per S.F.
Income
[1]
Annual Base Rent Income $296,671 $8.62 $335,179 $9.73
Annual CAM and RE Tax Reimbursements $210,394 $6.11 $232,568 $6.75
Gross Potential Income $507,065 $14.73 $567,747 $16.49
[2]
Vacancy Allowance (26,808) ($0.78)
Effective Gross Income $507,065 $14.73 $540,939 $15.71
Operating Expenses [3]
Water and Sewer 7,800 0.23 7,800 0.23
Electric 12,000 0.35 12,000 0.35
Waste Removal 26,400 0.77 26,400 0.77
Cleaning and Sweeping 9,000 0.26 9,000 0.26
Property Management 19,500 0.57 19,500 0.57
Insurance 69,425 2.02 69,425 2.02
Landscaping 8,700 0.25 8,700 0.25
Real Estate Taxes 58,000 1.68 58,000 1.68
Miscellaneous Expenses 1,200 0.03 1,200 0.03
Pest Control 1,980 0.06 1,980 0.06
Repairs and Maintenance 24,000 0.70 24,000 0.70
Total Operating Expenses $238,005 $6.91 $238,005 $6.91
Net Operating Income $269,060 $7.81 $302,934 $8.80
Cap Rate [4] 7.40% 8.30%

Notes:
[1] Current vacancies totaling 3,209 sf are assumed leased at $12.00 psf net of Operating Expenses.
[2] Vacancy Allowance is calculated at 5% of Gross Potential Income, excluding national tenant Little Ceasar’s.
[3] Operating Expenses are from Owners 2008 Budget.
[4] Cap Rates are calculated on the asking price of $3,650,000.

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 3 FINANCIAL ANALYSIS

DEMOGRAPHIC PROFILES

5201 W Broward 5201 W Broward 5201 W Broward

Blvd Blvd Blvd
1 mile radius 3 mile radius 5 mile radius

2008 Estimated Population 10,746 158,341 401,278

2013 Projected Population 10,606 160,849 414,787
2000 Census Population 10,980 156,084 381,608
1990 Census Population 10,314 141,064 336,236

Growth 2000-2008 -2.13% 1.45% 5.15%

Growth 2008-2013 -1.30% 1.58% 3.37%

2008 Estimated Median Age 37.26 35.08 38.00

2008 Estimated Average Age 36.88 35.93 38.38

2008 Estimated Households 3,407 56,111 156,779

2013 Projected Households 3,301 56,293 160,637
2000 Census Households 3,573 56,272 150,941
1990 Census Households 3,524 52,786 135,579

Growth 2000-2008 -4.65% -0.29% 3.87%

Growth 2008-2013 -3.10% 0.33% 2.46%

2008 Est. Average Household Size 3.01 2.79 2.52

2008 Est. Median Household Income $63,190 $43,193 $43,193

2013 Prj. Median Household Income $70,197 $47,865 $47,809
2000 Cen. Median Household Income $51,996 $36,807 $36,485
1990 Cen. Median Household Income $44,091 $28,609 $27,668

2008 Est. Average Household Income $79,877 $57,420 $57,743

2008 Estimated Per Capita Income $26,210 $20,564 $22,743

2008 Estimated Housing Units 3,527 60,990 174,594

2008 Estimated Occupied Units 3,407 (96.6%) 56,111 (92.0%) 156,779 (89.8%)
2008 Estimated Vacant Units 120 (3.4%) 4,880 (8.0%) 17,814 (10.2%)

2008 Est. Owner Occupied Units 2,837 (80.4%) 35,871 (58.8%) 101,303 (58.0%)
2008 Est. Renter Occupied Units 570 (16.2%) 20,239 (33.2%) 55,476 (31.8%)

2008 Est. Median Housing Value $333,544 $230,248 $228,342

2008 Est. Average Housing Value $354,479 $253,717 $268,022

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 1 APPENDIX

DEMOGRAPHIC PROFILES
5201 W Broward 5201 W Broward 5201 W Broward
Blvd Blvd Blvd
1 mile radius 3 mile radius 5 mile radius

2008 Estimated Households 3,407 56,111 156,779

- Income Less than $15,000 261 (7.7%) 8,585 (15.3%) 24,106 (15.4%)
- Income $15,000 to $24,999 304 (8.9%) 7,260 (12.9%) 20,418 (13.0%)
- Income $25,000 to $34,999 341 (10.0%) 6,920 (12.3%) 19,492 (12.4%)
- Income $35,000 to $49,999 440 (12.9%) 9,265 (16.5%) 25,108 (16.0%)
- Income $50,000 to $74,999 654 (19.2%) 10,449 (18.6%) 29,441 (18.8%)
- Income $75,000 to $99,999 557 (16.3%) 6,042 (10.8%) 16,311 (10.4%)
- Income $100,000 to $149,999 525 (15.4%) 5,032 (9.0%) 14,677 (9.4%)
- Income $150,000 to $249,999 243 (7.1%) 1,949 (3.5%) 5,379 (3.4%)
- Income $250,000 to $499,999 57 (1.7%) 444 (.8%) 1,409 (.9%)
- Income $500,000 and over 25 (.7%) 163 (.3%) 438 (.3%)

2008 Est. Average Household Income $79,877 $57,420 $57,743

2013 Prj. Average Household Income $89,687 $64,390 $64,972
2000 Cen. Avg. Household Income $66,153 $47,701 $47,379
1990 Cen. Avg. Household Income $53,237 $36,511 $35,859

2008 Estimated Households by 3,407 56,111 156,779

Household Size
- 1 Person Household 542 (15.9%) 13,597 (24.2%) 46,250 (29.5%)
- 2 Person Household 1,040 (30.5%) 16,546 (29.5%) 50,261 (32.1%)
- 3 Person Household 672 (19.7%) 9,888 (17.6%) 24,539 (15.7%)
- 4 Person Household 598 (17.6%) 7,704 (13.7%) 18,126 (11.6%)
- 5 Person Household 317 (9.3%) 4,525 (8.1%) 9,796 (6.2%)
- 6 Person Household 142 (4.2%) 2,165 (3.9%) 4,424 (2.8%)
- 7 or More Person Household 96 (2.8%) 1,686 (3.0%) 3,383 (2.2%)

2008 Est. Average Household Size 3.01 2.79 2.52

2008 Estimated Households by 3,407 56,111 156,779

Number of Vehicles
- Households with No Vehicles 124 (3.6%) 5,987 (10.7%) 18,034 (11.5%)
- Households with 1 Vehicle 1,017 (29.9%) 24,032 (42.8%) 71,961 (45.9%)
- Households with 2 Vehicles 1,675 (49.2%) 19,512 (34.8%) 52,552 (33.5%)
- Households with 3 Vehicles 433 (12.7%) 4,962 (8.8%) 10,937 (7.0%)
- Households with 4 Vehicles 124 (3.6%) 1,262 (2.2%) 2,634 (1.7%)
- Households with 5+ Vehicles 33 (1.0%) 355 (.6%) 661 (.4%)

2008 Est. Average Number of 1.85 1.52 1.43

Vehicles

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 2 APPENDIX

DEMOGRAPHIC PROFILES
5201 W Broward 5201 W Broward 5201 W Broward
Blvd Blvd Blvd
1 mile radius 3 mile radius 5 mile radius

2008 Estimated Population by 10,746 158,341 401,278

Race and Origin
- White Population 5,253 (48.9%) 57,929 (36.6%) 191,295 (47.7%)
- Black Population 4,384 (40.8%) 84,931 (53.6%) 170,619 (42.5%)
- Asian Population 299 (2.8%) 3,338 (2.1%) 8,778 (2.2%)
- Pacific Islander Population 7 (.1%) 218 (.1%) 409 (.1%)
- American Indian and Alaska Native 27 (.3%) 405 (.3%) 1,044 (.3%)
- Other Race Population 265 (2.5%) 5,118 (3.2%) 11,724 (2.9%)
- Two or More Races Population 510 (4.7%) 6,404 (4.0%) 17,410 (4.3%)

- Hispanic Population 1,414 (13.2%) 25,662 (16.2%) 63,110 (15.7%)

- White Non-Hispanic Population 4,373 (40.7%) 41,668 (26.3%) 150,869 (37.6%)

2008 Estimated Population by Age 10,746 158,341 401,278

- Aged 0 to 4 Years 733 (6.8%) 11,579 (7.3%) 26,742 (6.7%)
- Aged 5 to 9 Years 733 (6.8%) 11,184 (7.1%) 26,140 (6.5%)
- Aged 10 to 14 Years 771 (7.2%) 11,657 (7.4%) 26,901 (6.7%)
- Aged 15 to 17 Years 536 (5.0%) 7,305 (4.6%) 16,613 (4.1%)
- Aged 18 to 20 Years 444 (4.1%) 6,679 (4.2%) 14,978 (3.7%)
- Aged 21 to 24 Years 660 (6.1%) 8,957 (5.7%) 20,177 (5.0%)
- Aged 25 to 34 Years 1,207 (11.2%) 21,643 (13.7%) 52,024 (13.0%)
- Aged 35 to 44 Years 1,410 (13.1%) 22,842 (14.4%) 59,114 (14.7%)
- Aged 45 to 49 Years 980 (9.1%) 12,341 (7.8%) 31,253 (7.8%)
- Aged 50 to 54 Years 828 (7.7%) 10,996 (6.9%) 28,083 (7.0%)
- Aged 55 to 59 Years 715 (6.7%) 9,360 (5.9%) 24,482 (6.1%)
- Aged 60 to 64 Years 574 (5.3%) 7,623 (4.8%) 19,914 (5.0%)
- Aged 65 to 74 Years 657 (6.1%) 8,435 (5.3%) 25,344 (6.3%)
- Aged 75 to 84 Years 326 (3.0%) 4,689 (3.0%) 18,256 (4.5%)
- Aged 85 Years and Older 170 (1.6%) 3,051 (1.9%) 11,256 (2.8%)

2008 Estimated Median Age 37.26 35.08 38.00

2008 Estimated Average Age 36.88 35.93 38.38

2008 Estimated Population Over 6,868 100,980 269,727

25 by Educational Attainment
- Less Than 9th Grade 370 (5.4%) 7,811 (7.7%) 19,120 (7.1%)
- High School - No Diploma 685 (10.0%) 18,498 (18.3%) 43,844 (16.3%)
- High School Diploma 1,882 (27.4%) 30,379 (30.1%) 82,006 (30.4%)
- Some College 1,377 (20.0%) 19,363 (19.2%) 53,611 (19.9%)
- Associate Degree 620 (9.0%) 6,565 (6.5%) 17,835 (6.6%)
- Bachelors Degree 1,200 (17.5%) 11,834 (11.7%) 34,504 (12.8%)
- Masters Degree 503 (7.3%) 4,013 (4.0%) 11,526 (4.3%)
- Professional Degree 161 (2.3%) 1,790 (1.8%) 5,211 (1.9%)
- Doctoral Degree 70 (1.0%) 727 (.7%) 2,070 (.8%)

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 3 APPENDIX

DEMOGRAPHIC PROFILES
5201 W Broward 5201 W Broward 5201 W Broward
Blvd Blvd Blvd
1 mile radius 3 mile radius 5 mile radius

2008 Estimated Owner Occupied 2,837 35,871 101,303

Units by Housing Value
- Valued Less than $20,000 0 763 (2.1%) 1,371 (1.4%)
- Valued $20,000-$39,999 6 (.2%) 696 (1.9%) 1,391 (1.4%)
- Valued $40,000-$59,999 47 (1.7%) 1,026 (2.9%) 2,970 (2.9%)
- Valued $60,000-$79,999 52 (1.8%) 1,516 (4.2%) 4,839 (4.8%)
- Valued $80,000-$99,999 64 (2.3%) 1,667 (4.6%) 5,012 (4.9%)
- Valued $100,000-$149,999 48 (1.7%) 3,237 (9.0%) 10,919 (10.8%)
- Valued $150,000-$199,999 84 (3.0%) 5,146 (14.3%) 14,933 (14.7%)
- Valued $200,000-$299,999 803 (28.3%) 12,440 (34.7%) 30,346 (30.0%)
- Valued $300,000-$399,999 906 (31.9%) 4,453 (12.4%) 13,052 (12.9%)
- Valued $400,000-$499,999 506 (17.8%) 2,790 (7.8%) 7,659 (7.6%)
- Valued $500,000-$749,999 231 (8.1%) 1,662 (4.6%) 6,210 (6.1%)
- Valued $750,000-$999,999 76 (2.7%) 256 (.7%) 1,478 (1.5%)
- Valued More than $1,000,000 13 (.5%) 218 (.6%) 1,123 (1.1%)

2008 Est. Median Housing Value $333,544 $230,248 $228,342

2008 Est. Average Housing Value $354,479 $253,717 $268,022

2008 Estimated Housing Units by 3,527 60,990 174,594

Housing Type
- 1 Unit Detached 2,761 (78.3%) 26,586 (43.6%) 65,989 (37.8%)
- 1 Unit Attached 72 (2.0%) 4,872 (8.0%) 13,467 (7.7%)
- 2 Units 16 (.5%) 1,780 (2.9%) 6,258 (3.6%)
- 3-19 Units 184 (5.2%) 9,847 (16.1%) 29,412 (16.8%)
- 20-49 Units 242 (6.9%) 6,768 (11.1%) 27,307 (15.6%)
- 50+ Units 251 (7.1%) 8,373 (13.7%) 23,646 (13.5%)
- Mobile Home 0 2,586 (4.2%) 7,142 (4.1%)
- Boat, RV, Van or Other 0 179 (.3%) 1,374 (.8%)

2008 Estimated Housing Units by 3,527 60,990 174,594

Year Structure Built
- Structure Built After 1999 78 (2.2%) 3,107 (5.1%) 15,888 (9.1%)
- Structure Built 1995 to 1998 46 (1.3%) 1,659 (2.7%) 6,688 (3.8%)
- Structure Built 1990 to 1994 27 (.8%) 2,046 (3.4%) 10,246 (5.9%)
- Structure Built 1980 to 1989 132 (3.7%) 9,468 (15.5%) 33,881 (19.4%)
- Structure Built 1970 to 1979 820 (23.2%) 20,970 (34.4%) 56,995 (32.6%)
- Structure Built 1960 to 1969 1,604 (45.5%) 14,419 (23.6%) 28,369 (16.2%)
- Structure Built 1950 to 1959 678 (19.2%) 8,024 (13.2%) 17,621 (10.1%)
- Structure Built 1940 to 1949 120 (3.4%) 891 (1.5%) 3,084 (1.8%)
- Structure Built Before 1939 21 (.6%) 406 (.7%) 1,821 (1.0%)

2008 Est. Median Year Structure Built 1966 1973 1976

PLANTATION VILLAGE SHOPPING CENTER • PLANTATION, FLORIDA 4 APPENDIX