phillipsedison & company hilfiker shopping center

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HILFIKER SHOPPING CENTER

L O C AT I O N E

C

ree

Hilfiker Square

k R

d S

E

4450 Commercial Street SE | Salem, Oregon 97302 P R O P E RT Y H I G H L I G H T S

SE

Sunnyside Rd SE

ial St

PetCo

ttle

merc

Trader Joe’s

Hilfiker Ln SE

Com

MAJOR TENANTS

Ba

Rd S

38,558 square feet

HILFIKER SQUARE

Reed

SIZE

Kuebler Blvd SE

5

Portland

205

99W 213 99W

• 38,558-sf neighborhood shopping center anchored by the only Trader Joe’s within 40 miles • Featuring national retailers including Petco, Tuesday Morning and Weight Watchers

SALEM, OREGON

22

S ALEM, ORE G O N

5

• $1.5 million renovation in 2011 • Superior visibility at the signalized corner of Commercial Street and Hilfiker Lane with traffic counts exceeding 33,000 VPD • More than 154,000 residents in Salem, representing nearly 13% increase over the past 10 years

Salem

L E A S I N G C O N TA C T Jeff Valiquett Phillips Edison & Company 222 S. Main Street, Suite 1730 Salt Lake City, UT 84101 Office (801) 983-6317 Mobile (801) 865-8433 [email protected] MORE INFO www.phillipsedison.com

P H I L L I P S

E D I S O N

&

C O M P A N Y

HILFIKER SHOPPING CENTER

SPACE TENANT

SQ. FT.

100 120 130 150

13,506 1,913 9,064 14,075

Trader Joe's Weight Watchers Tuesday Morning Petco

TOTAL SQ. FT.

4450 COMMERCIAL STREET SE | SALEM, OR 97302

SITE SIGN

COMMON LOADING DOCK

38,558

100

SITE LEGEND

Leased (not occupied)

SITE SIGN

CIA

Owned by Others

130

MER

Occupied

120

COM

Available

L ST REE

150

T SE VPD 81 33,8 pecopublish

4450 Commercial Street SE| Salem, Oregon 97302

2732 4450 North Commercial Lake Drive Street | Irmo, SE | South Salem,Carolina Oregon 97302 29212

5

This map was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2009 Sites USA Inc., Chandler, AZ (480) 491-1112. All Rights Reserved.

5/1/2013

PHILLIPS EDISON & COMPANY PHILLIPS EDISON & COMPANY

Logos are for identification purposes only and may be trademarks of their respective companies.

Logos are for identification purposes only and may be trademarks of their respective companies.

HILFIKER SHOPPING CENTER M IULRFRI K H AY E RL SAH NO DPI N P IGN G C E N T E R

Demographic Summary Report 1990 - 2000 Census, 2013 Estimates & 2018 Projections Calculated using TAS Retrieval Retrieval

Population

Hilfiker Square Salem,OR

Households Population by Race Income Education (Age 25+)

Longitude: -123.033119

1.00 Mile Radius 3.00 Mile Radius 5.00 Mile Radius

10.00 Mile Radius

Q4 2013 Estimated Population 2018 Projected Population 2010 Census Population 2000 Census Population 1990 Census Population

12,487 13,178 12,376 11,778 9,602

66,261 70,216 64,994 59,428 49,742

142,846 150,471 140,408 125,621 107,036

272,476 284,494 269,738 238,407 189,573

Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2010 Estimated Annual Growth 2010 to2013 Projected Annual Growth 2013 to 2018

2.06% 0.50% 0.24% 1.08%

1.79% 0.90% 0.52% 1.17%

1.61% 1.12% 0.46% 1.05%

2.32% 1.24% 0.27% 0.87%

38.8

38.4

36.4

35.9

4,985 5,264 4,934 4,544 3,787

26,413 28,028 25,877 23,560 19,568

53,594 56,653 52,583 47,190 40,873

99,720 104,402 98,537 87,882 71,414

1.84% 0.83% 0.27% 1.10%

1.87% 0.94% 0.55% 1.19%

1.45% 1.09% 0.51% 1.12%

2.10% 1.15% 0.32% 0.92%

Population per Household

2.46

2.41

2.51

2.63

White Black or African American Asian & Pacific Islander Other Races Hispanic Population

82.5% 1.4% 2.5% 4.7% 9.0%

81.9% 1.3% 2.5% 4.7% 9.7%

74.1% 1.4% 2.3% 4.9% 17.4%

70.7% 1.1% 2.3% 4.7% 21.2%

$68,208 $55,785 $27,692

$70,636 $53,442 $28,761

$63,758 $48,464 $24,829

$62,595 $48,292 $23,516

2.0% 4.7% 23.2% 32.5% 10.4% 17.8% 9.5%

2.7% 5.4% 22.8% 27.4% 9.2% 18.9% 13.6%

5.4% 7.8% 24.7% 27.1% 8.5% 16.4% 10.1%

6.4% 8.3% 25.3% 27.3% 8.6% 15.2% 8.9%

337 4,319 12.80 37.02

2,311 32,220 13.94 28.67

4,772 73,097 15.32 29.94

7,229 107,384 14.86 37.69

Median Age

Business

Latitude: 44.889687

Q4 2013 Estimated Households 2018 Projected Households 2010 Census Households 2000 Census Households 1990 Census Households Historical Annual Growth 1990 to 2000 Historical Annual Growth 2000 to 2013 Estimated Annual Growth 2000 to 2013 Projected Annual Growth 2013 to 2018

Average Household Income Median Household Income Per Capita Income Elementary Some High School High School Graduate Some College Associates Degree Only Bachelors Degree Only Graduate Degree Number of Businesses Total Number of Employees Employees per Business Residential Population per Business

©2008, Trade Area Systems

This report was produced using data from private and government sources deemed to be reliable and is herein provided without representation or warranty.

Mar 7, 2014

Data Source: Synergos Technologies Inc Austin, TX