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Home My WebLink About05-12-09 Worksession Handouts l FILE Copy City of Oak Park Heights 14168 Oak Park Blvd. N • Box 2007. Oak Park Heights, MN 55082 • Phone (651) 439 -4439 • Fax (651) 439 -0574 May 8, 2009 MEMO TO: City Council Members FROM: Eric Johnson, City A i i to RE: Workshop Topic - ST 36 an sg od Ave. The City Council desired to setup a Worksession t a fe item w s related to the possible development ideas for the certain vacant sit , specifically the now vacant Ford dealership site. Council was requested to provide possible concept ideas to my office. To date some ideas list have been: Hotel /Conference Center (McComber) YMCA /Community -type Center (McComber) Movie Theater (Abrahamson) Bonestroo was asked to provide some rough "concept sketches" for the D. Hecker site located at the NW corner of Osgood and STH 36, for a hotel concept. He provided two options; one of the options includes some additional properties and makes a larger Please see enclosed. I have also enclosed an aerial photo /site layout of surrounding properties. From a big picture perspective, one of the key aspects to any redevelopment opportunity would be LAND ASSEMBLY which is something the City could directly do or facilitate with a developer. The City would be generally prohibited from using eminent domain authority for any such purposes. I have also enclosed other various interesting documents and updated the spreadsheet from the City Council meeting now providing information on the other directly adjacent properties. I �. � �l C� N .; .., W E Jacob Holdings S a Jacobl%pldi M N it Former Ford Jacob Holdings f Dealerhsip Site & Area UFM Wortman .._ F 21 'F e ~ eStbury 05 11 ury Feet �.'A "� ,c s f r I •. 0 2550 100 150 200 Jacob Holdings ` 2005 II LLC _... � �J! 1 iii -��, '" � P „�^ �,• � � v � - - Erickson Post ' City of Oak Park Heights 1� II, IIIiuYlllI IIIMI II IIYI.I� w - �� •---- .•a.�wew�l �. 14168 Oak Perk Blvd. N; Box 200' • Onl: Park Heights. N1?v S 1 Phouc (651) 934439. Fax 16511 439.05'4 ... .. _. .� � ... DISC LALXMR:- HIS },Ap AAU IIS ASSOCIATED EL£.IEN:c .S SE'fEffRdNOFi:C? .�� --EFED DESIGN: TFSS %LAP SHOLZD ONLY B_ USED AS A GE\TP_ =.L Ri Page 1 of 1 Eric Johnson From: Postler, Dennis M [Dennis. Postler@bonestroo.com] Sent: Tuesday, May 05, 2009 8:34 AM To: Eric Johnson Cc: Erickson, Karen S Subject: Denny Hecker site - Concept Plans Attachments: Denny Hecker site - Concept Plan 1_5- 5- 09.pdf; Denny Hecker site - Concept Plan 2_5 -5- 09, pdf Eric: Attached are two concept plans for the Denny Hecker vacant site. Concept 1 is within the current property and assuming the Car Quest Auto Parts property is also acquired. Concept 2 is assuming the other three residential properties to the northeast are also acquired so the entire block (south of the apartments) is developable. I had one of our Landscape Architects prepare these concepts. They are just 2- dimensional concept plans, but they are done to scale, so the proposed building square footages and parking spaces are accurate. We also did it within the budget you were looking for. Let me know if this is what you had in mind, or if you would like any revisions or a different format. Thanks. Dennis Dennis M. Postier, PE Principal Tel 651 - 604 -4815 Cell 651- 775 -5102 dennis.postler @bonestroo.com This e -mail is confidential and may contain legally privileged information. If you Note: e -mails are susceptible to corruption, interception and unauthorized amendment 5/8/2009 Summit Park Condominiums — — — — - - Denny Hecker Site Oak Park Heights, MN Concept — — — — — — — — — — 4 April,'09 Site Ac. 6.9 ac. Hotel Rooms 100 l { J Banquet Floor Area 6,000 sq. ft. Service Total Parking Provided 300 spaces o ------ T- - - - - -- Banquet z I 0 o I Rooms ri Hotel -2 Floors G I Z — t — -- Restaurant < du o 8 Pool GRAPHIC SCALE 0 50 100 2W th St. No. State Highway 36 Summit Park Condominiums 1 1 _ - (_ Denny Hecker Site Banquet Rooms Oak Park Heights, MN Concept 2 — Service 4 April,'09 Hotel - 3 Floors I ' I 0 — — — — Site Ac. 10.2 ac. Hotel Rooms 200 Banquet Floor Area 12,000 sq. ft. 4 Total Parking Provided 550 spaces Restauran z o — — — — — — z K) > -- — — — — Pool $ o � I GRAPHIC SCALE o w IGO ao 60 th St. No- I Inch - 100 n State Highway 36 — - -- — City of Oak Park Heights Vacant / Closed Automotive Dealership Sites Data supplied by Washington County - GIS Monthly Data Property 1 Property 2 ProOertv 3 Pro 4 Pro WORTMAN WESTBURY 200 IILL J acob Holdlnas N. Daniel & Jawb Holdings Jacob Holdings - Erickson Post1 Francheska, Jacob Holdings of Owner Riverlend Bank, WDBH Realty 60th street LLC 60th street LLCM, Acquisition Inc. Wortman R. Westbury', 200511 LLC (Carquest) ' Oren Ave LLC Property GEOCODE 0802920130012 0602920110013 3303020430038 33030204300421 3303020430057 3303020430039 3303020430041 3303020430056 3303020430040 I 12969 80th Street, 14702 601h Street! 14738 60th Street 6148 Osgood Ave, Property Address vacant North vacant North North N, 61300sgood Ave , 715 Florida Ave. 500 Ford Rd., St.. 500 Ford Rd., St. 500 Ford Rd., St. South, #402, 500 Ford Rd, 700 Seville Dr, Jordan Louis Park, MN' Louis Park, MN Louis Park, MN Minneapolis, MN 2835 M I llbrook Rd, Minneapolis, MN Owner Address MN., 55352' 55426 55426 55426, 55426-1760: MN Stillwater, MN Raleigh MN 27604 55426 Property Size - Acres 12.80681818 7.81 1.8'x' 6.07 0.9017676771 1.207100321 0.470775941 0.422038567' 1.299311295 Property Size - Sqr. Feet 549153 340203.6 78843.6,' 264409.2 39284' 52702, 20507 18384 56598 Land ld Q $ - 2.529.300 S rket Value - County Data - Payable 2009 $ 3,022,0001 $ 2,059,000! S 40 1.800 $ 1.747.500: S 227. S 173.400 $ 83,6001 $ 182,2001 $ 128.500 M -. - - - - - -- _- 664. 100 284,0 -- - -— - 1191 0 win _ 6 5 144 700 95400 237100 Q otal a $ 3,022,0001 4,588,300'. $ 401,800 $ 2,411,800 $ 318,1001 $ 41111,000 $ 419,300: $ 247.800 Land Value Per Sauare foot 5.50 6.05 5.10 6.61 5.78 IC 1 3.29 i 4.06 9.91 2.27 J N_ i City of OG 'ark Heights W E Auto Dealership Sues - Vaeant I= ray co S--, Prop #3 � L- � ❑I �. 0 Prl Ip# IN ` I - Prop #5 / \ 1 ®� Prop #2 ®� —� �� i ` F `� �� tIIIIIII �C Y C:)� �, (Prop iiiiiiiiiii iiirj iiiiiiiD_- kj rtm'►'o gACi k5i+i' *' _ r•1 I ly'� City of Oak Park Heights _ 14169 Oak Parl- Bh'd. N • Bm 2007 - Oak Park Heithis. MN 55053 r \ P bone (651) 4394339 • Faz (651) 439 -0574 DLSCL1llQA: 475:bAP AiU IIS:SSOC1 {IID IIF'n•3.25'S 18ir�LAN 0}FSGAL 5U84c] \LP. r` I � \ ?LOLL ID �YTOLI:S VS='. .O.�f T� ALL IIE�'. Sdan4HE 'FRPED 3Y OFr.GiL A'LVEYS. 07:= .3AC-JA:. SIIE GfL�'Drrld. 2s'Z'''iG At.D°L 0 iFICAL LOGIE 70C:Lgh::.IIDti. Yilf CTIT ...0�87E5 W WARR.SvTY M {7 T� IIEVS �C 7Z1�h7S W as hin gton Info for Residents Info for Business Things to Do Here Employment New Search Property Information , _ 11 too Covffity Fro. .,, T o hifar ' t> ft Additional Detail PROPERTY INFORMATION Property Characteristics / Print Property Inform Appraisal Data Property 1D #: 0602920130012 Payment Information Property and Owner Information - - Taxing Districts lProperty Owner Owner Mailing Address i School District Property Tax Statement RIVERLAND BANK 700 SEVILLE DR I ISD 834 STILLWATEI JORDAN MN 55352 Valuation Notice Property Address Municipality GIS Map View OAK PARK HEIGHT: � Proposed 2009 Taxes j Tax Description Watershed p OAK PARK STATION LOT -002 BLOCK -001 WS BROWN'S CREE "Truth in Taxation" Last Updated: Freq. Asked Questions 04/23/2009 at 01:01:2 State Property Tax Refund payable 1009 Tuxes Information 2008 Estimated Total Market Value Year Built: N/A Contact Us (Pay 2009) $3,022,000 Style: N/A 2008 Taxable Market Value Class: (Pay 2009) $3,022,000 COMM LAND & BLDGS Homestead Status: Payable 2009 Taxes NON - HOMESTEAD (Includes Special Assessments) $89,326.00 I New Searc The Washington County Online Property Information and Payment site provides access to public information maintained by Washington County for individual parcels of property. This information is to be used for reference purposes only. Washington County does not guaranty accuracy of the mater contained herein and is not responsible for misuse or misinterpretation. For property information not provided on this site contact Washington County Taxpayer Services by calling 651- 430 -6175. Home Info for Residents I Info for Business I Things to Do Here I Employment Opportunities Department & Services Directory A -Z I Your County Government General Information Call: 651-430 -6000 • (TTY: 651 -430 -6246) Directions to Washington County Government Center 14949 62nd Street North • PO Box 6 • Stillwater, 55082 -0006 © 2003, 2004 Washington County, Security /Privacy /Accessiblity Statement. Contact Washington County. - I http: / /www2. co.washington.mn.us /opip /propchar.asp ?pid 1= 06 &pid2= 029 &pid3= 20 &pid4... 4/24/2009 28 of 118 I I Was h ton c�uny ~' Info for Residents Info for Business Things to Do Here Employment New Search Property Information t� ax 1 1 Q � Additional Detail PROPERTY INFORMATION Property Characteristics / Print Property Inform Appraisal Data Property ID#: 060292011.0013 Payment Information Property and Owner Information - I Taxing Districts !Property Owner Owner Mailing Address School District Property Tax Statement 1WDBH REALTY CO 500 FORD RD ISD 834 STILLWATEI ST LOUIS PARK MN 55426 Valuation Notice Property Address Municipality 12969 60TH ST N I OAK PARK HEIGHT: GIS Map View STILLWATER MN 55082 Watershed Proposed 2009 Taxes Tax Description WS VALLEY BRANCI "Truth in Taxation" jJACOB ADD LOT -001 BLOCK -001 Freq. Asked Questions Last Updated: i 04/23/2009 at 01:01:2 State Property Tax Refund Payable 2003 Faxes Information 2008 Estimated Total Market Value Year Built: N/A Contact Us (Pay 2009) $4,588,300 Style: N/A 2008 Taxable Market Value Class: (Pay 2009) $4,588,300 COMM LAND & BLDGS Payable 2009 Taxes Homestead Status: (Includes Special Assessments) $134,372.00 NON - HOMESTEAD I New Searc The Washington County Online Property Information and Payment site provides access to public information maintained by Washington County for individual parcels of property. This information is to be used for reference purposes only. Washington County does not guaranty accuracy of the mater contained herein and is not responsible for misuse or misinterpretation. For property information not provided on this site contact Washington County Taxpayer Services by calling 651 - 430 -6175. Horne Info for Residents I Info for Business I Things to Do Here I Employment Opportunities Department & Services Directory A -Z I Your County Government General Information Call: 651 -430 -6000 • (TTY: 651 - 430 -6246) Directions to Washington County Government Center 14949 62nd Street North e P _ rt O Box 6 •Stillwater, Minnesota 55082 0006 © 2003, 2004 Washington County. Security /Privacy /Accessiblity Statement. Contact Washington County. http: / /www -us /opip /propchar.asp ?pid l = 06 &pid2= 029 &pid3= 20 &pid4... 4/24/2009 29 of 118 �, # I'ti lV � J7 0 JL Wash, ington I( 1 N ..�....� CJ nt Info for Residents Info for Business Things to Do Here Employment � New Search Property Information W48 C V P FUWIY 1 ` V Additional Detail PROPERTY INFORMATION Property Characteristics / Print Property Inform Appraisal Data Property ID #. 3303020430038 Payment Information Property and Owner Information Taxing Districts (Property Owner Owner Mailing Address School District Property Tax Statement (JACOB HOLDINGS 60TH 500 FORD RD I ISD 834 STILLWATEI STREET LLC ST LOUIS PARK MN 55426 Valuation Notice Municipality Property Address OAK PARK HEIGHT: GIS Map View Proposed 2009 Taxes Watershed Tax Description "Truth in Taxation" (SUMMIT PARK BLOCK -004 EXC E 362.8FT THEREOF TOG Freq. Asked Questions 1WITH ...More... Last Updated: 04/23/2009 at 01:01:2 State Property Tax Refund Payable 2009 Taxes Information 2008 Estimated Total Market Value Year Built: N/A Contact Us (Pay 2009) $401,800 Style: N/A 2008 Taxable Market Value Class: (Pay 2009) $401,800 COMM LAND & BLDGS Payable 2009 Taxes Homestead Status: (Includes Special Assessments) $11,790.00 NON - HOMESTEAD I New Searc The Washington County Online Property Information and Payment site provides access to public information maintained by Washington County for individual parcels of property. This information is to be used for reference purposes only. Washington County does not guaranty accuracy of the mater contained herein and is not responsible for misuse or misinterpretation. For property information not provided on this site contact Washington County Taxpayer Services by calling 651 - 430 -6175. Home Info for Residents I Info for Business I Things to Do Here I Employment Opportunities Department & Services Directory A -Z I Your County Government General Information Call: 651430 -6000 • (TTY: 651 -430 -6246) Directions to Washington County Government Center 14949 62nd Street North a PO Box 6 • Stillwater, Minnesota 55082 -0006 © 2003, 2004 Washington County. Security /Privacy /Accessiblity Statement. Contact Washington County. http: / /www -us /opip /propchar. asp ?pid 1= 33 &pid2= 030 &pid3= 20 &pid4... 4/24/2009 30 of 118 i i A - Was . gto n RUN Info for Residents Info for Business Things to Do Here Employment New Search qq Property Information W 4 04nt inf t PROPERTY INFORMATION Additional Detail Property Characteristics / Print Property Inform Appraisal Data Property XD #; 3303020430042 Payment Information Property and Owner Information -- -- - -- - — Taxing Districts (Property Owner Owner Mailing Address School District Property Tax Statement (JACOB HOLDINGS 60TH 500 FORD RD ISD 834 STILLWATEI STREET LLC ST LOUIS PARK MN 55426 Valuation Notice Municipality Property Address OAK PARK HEIGHT; GIS Map View 114702 60TH ST N ISTILLWATER MN 55082 i Watershed Proposed 2009 Taxes "Truth in Taxation" Tax Description - , 1 SUMMIT PARK BLOCK -005 PARTS BLKS 5 & 8 EXC E I Last Updated: Freq. Asked Questions ! ...More... 04/23/2009 at 01:01:2 State Property Tax Refund ,_ � Information r +yat�i .t1ty.) 2008 Estimated Total Market Value Year Built: N/A Contact Us (Pay 2009) $2,411,600 Style: N/A 2008 Taxable Market Value Class: (Pay 2009) $2,411,600 COMM LAND & BLDGS Homestead Status: Payable 2009 Taxes NON - HOMESTEAD (Includes Special Assessments) $69,710.00 x. 1 New Sear< The Washington County Online Property Information and Payment site provides access to public information maintained by Washington County for individual parcels of property. This information is to be used for reference purposes only. Washington County does not guaranty accuracy of the mater contained herein and is not responsible for misuse or misinterpretation. For property information not provided on this slte contact Washington County Taxpayer Services by calling 651 - 430 -6175. Home Info for Residents I Info for Business I Things to Do Here I Employment Opportunities Department & Services Directory A -Z I Your County Government General Information Call: 651 -430 -6000 • (TTY: 651 - 430 -6246) Directions to Washington County Government Center 14949 62nd Street North • PO Box 6 • Stillwater, Minnesota 55082 -0006 © 2003, 2004 Washington County. Security /Privacy /Accessiblity Statement. Contact Washington County. http://www2.co.washington.mn.us/opip/propchar.asp?pidl =33 &pid2= 030 &pid3= 20 &pid4... 4/24/2009 31 of 118 i i Wasgton F. "I I county Info for Residents Info for Business Things to Do Here Employment New Search Property Information W40 14040 v Pro " tv wo T lOwn Additional Detail PROPERTY INFORMATION Property Characteristics / Print Property Inform Appraisal Data Property ID# ::3303020430057 - Payment Information Property and Owner Information Taxing Districts i (Property Owner Owner Mailing Address School District Property Tax Statement ERICKSON POST ACQUISITION 715 FLORIDA AV S #402 ISD 834 STILLWATEI JINC MINNEAPOLIS MN 55426 -1760 Valuation Notice - - Municipality ;Property Address Alternate Taxpayer OAK PARK HEIGHT; GIS Map View 14738 60TH ST N ERICKSON POST INC STILLWATER MN 55082 715 FLORIDA AV S #402 Watershed Proposed 2009 Taxes MINNEAPOLIS MN 55426 -1760 "Truth in Taxation" Fre q. Ask ed Description - - I Last Updated: State Propert iQ TaxlRefund 'SUMMIT PARK BLOCK -005 PART OF BLOCKS 5 & 8 & I� 0 at 01:01:2 !ALL ...More... Information Payable 2009 Taxes Contact Us 2008 Estimated Total Market Value Year Built: N/A (Pay 2009) $284,700 Style: N/A 2008 Taxable Market Value Class: (Pay 2009) $284,700 COMM LAND & BLDGS Payable 2009 Taxes Homestead Status: NON - HOMESTEAD (Includes Special Assessments) $7,300.00 New Sear( The Washington county Online Property Information and Payment site provides access to public information maintained by Washington County for individual parcels of property. This information is to be used for reference purposes only. Washington County does not guaranty accuracy of the mater contained herein and is not responsible for misuse or misinterpretation. For property information not provided on this site contact Washington County Taxpayer Services by calling 651 -430 -6175. Home Info for Residents I Info for Business I Things to Do Here I Employment Opportunities Department & Services Directory A -Z I Your County Government General Information Call: 651430 -6000 • (TTY: 651430 -6246) Directions to Washington County Government Center 14949 62nd Street North • PO Box 6 • Stillwater, Minnesota 55082 -0006 © 2003, 2004 Washington County. Security /Privacy /Accessiblity Statement. Contact Washington County. http: / /www2.co. washington.mn.us /opip /propchar. asp ?pidl = 33 &pid2= 030 &pid3= 20 &pld4... 4/24/2009 32 of 118 Members: Log in i Not Registered? Register for free extra services. Minneapolis I SL Paul Business Journal - April 17, 2009 /twine ities /stories /2009/04/13/dai ly53.htmi BUsINESS JOURNAL r -nday, I7, 2009 Hecker sells 3 dealerships, 2 franchises PAinneapolis / St Paul Busmess JOUrna! - by Katharine Grayson Staff',Nriter Denny Hecker Automotive Group said Friday it will sell three of its dealerships and a pair of franchises to metro -area companies. Walser Automotive Group has agreed to buy Hecker's Southview Chevrolet and Stillwater Cadillac dealerships. Twin Cities Auto .. . ........ .,....... ..... _._.-._....._.... _.,.__.� ........ _ ..... __..... Group, which is owned by Peter Hasselquist and the Pohlad family, will acquire Hecker's Inver Grove Toyota and St. Cloud Hyundai dealerships. Hecker also has reached a deal to sell his Pine City Cadillac franchise to Luther Automotive. Terms of the deals, which still require factory approval, were not disclosed. The acquiring companies will decide whether to retain the dealerships' current employees, Hecker Automotive said in a statement. Hecker has sold or closed more than 18 dealerships since last fall, when Chrysler Financial Services cut off his credit. kgrayson @bizjournals.com I (612) 288 -2io6 All contents of this site © American City Business Journals Inc. All rights reserved. M 33 of 118 - - This Page Is Left Intentionally Blank. o , i 34 of 118 ■ J Stillwater Gazette - Walser could buy Hecker dealership Page 1 of 2 iftte a Print Page Walser could buy Hecker dealership By ANDREW WALLMEYER awallmeyer @acnpapers.com OAK PARK HEIGHTS - The Walser Automotive Group is poised to take over Denny Hecker's Stillwater Cadillac GMC, but only if General Motors allows the dealership to continue operating. That is a big if, Walser officials said, since the troubled automaker recently announced plans to eliminate about 2,614 of its roughly 6,246 U.S. dealerships by the end of 2010. "We really don't know at this point; everything is up to General Motors. We've submitted an application to them," said Doug Sprinthall, director of Walser's new car operations. "I wish I could give you more information - we're kind of sitting at idle waiting to hear from them." Sprinthall said the purchase agreement includes Cadillac and GMC franchise rights and the dealership itself, which is located at 12969 60th St. N. in Oak Park Heights, noting that GM recently announced plans to discontinue its Pontiac line. He declined to disclose the financial terms of the deal. Walser also has a similar conditional purchase agreement to buy Denny Hecker's Southview Chevrolet in Inver Grove Heights. The Bloomington -based Walser Group currently operates 13 dealerships at nine locations, all of which are located within 20 miles of the Twin Cities. If the purchase goes through, Sprinthall said he would look to get Stillwater Cadillac GMC up and running as soon as possible with a combination of local and corporate employees. "We'd interview everybody that was available, and we'd probably also staff it with some of our own internal people," he said. "Our interest is to employ as many local people as we can; we're not an international company, we're a Minnesota -based company." Sprinthall said General Motors officials have told local dealers they will start announcing their dealership closure and consolidation decisions next week. "I don't have any firm indication, but I think it's going to happen pretty quickly," he said. "They've M Stillwater Gazette - Walser could buy Hecker dealership Page 2 of 2 got a deadline with the federal government in June, and in light of what happened with Chrysler, I think they're going to do everything they can to come up with a plan to avoid bankruptcy, so I think this will happen pretty quickly." A GM spokeswoman said the company does not comment on decisions before they have been finalized. "We don't disclose anything before the decision is made because things can fall through," said Susan Garontakos, GM's manager of dealer and field communications. "We have a review process in place that takes a look at each market across the United States to assess the locations of our dealerships and the performance of the dealers in those markets, based on the requirements of their dealer sales and service agreements with General Motors," she said. The Stillwater Gazette is published daily Monday- Friday This website and all its contents @2005 The Stillwater Gazette. Do Not Call Policy 651 - 439 -3130 stwgztte @acnpapers.com SU Ri e��n►pa�irr+ti in NEW LISTING = - I � � Ilk 4 �' ffiv4�7 I _ X� '60TH ST N O ' e _ KOHL'S I ° MART: P5' MENARD S L, ... . . - • , >� �!S'S, �t�, KOWALSKI°S • • - /' - V I T � - t e ,,, . � . `ty -• � ..�.2 t�e. � r �a'r i „' .. / / • • V� j/ I I 01"Vi A L • P » �,�, � La �.� \r+` i,� •Y • � L� _ I l ,•f I t affy d� M j••��tR� wt i` [r�` pCw l �i I. �. ♦. - 11 �• ` � i �'ntf �*�t, � `. { -�� 4 � j� %! e / � , �'Ik _t a. • • 02009, CB Richard Ellis, Inc. We obtained the Information above from sources we believe to be reliable However, we have not verified its accuracy and make no guarantee, warranty or representation about It. It is submitted subject to the possibility of errors, omissions, change of pric , rental or other conditions, pnor sale, lease or fnc—g, or withdrawal without nonce. We Include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property You and your tax and legal advisors should conduct your own Investigahan of the property and transaction i NEW LISTING = - GROSS LAND AREA 3 . n • ±12.65 Acres (divisible) � e Coun4y -Rd-E LOCATION •y AV• 751h St N C e•n nty Hwy 12 • SW Corner of Highway 5 (Stillwater It Boulevard North) and 58th Street North, =I 3e 1 Oak Park Heights, Minnesota 38 $ t► (] 0. • •� ZONING /LAND USE .• • B -3, Highway Business "°° °"' 0.111i 70th 51 N o" � Imo • Future land use: Highway Business / «rrw • _ -N 3 . . 'a Warehouse L e ak' "hlrn�R�q�ima! / •� . ACCESS o .. 0 • • • - • - • • - �• aMSre-�— caard Hwy 70 a 35 —& Access to Highway 36 via Highway 5 e94) (Stillwater Boulevard North) - ' 12 o 84 •�- - t- • 0 00 PID: Brookview Rd ' - 06- 029 -20 -13 -0012 b ;- ,- SITE BENEFITS DEMOGRAPHICS 1 MILE 3 MILES 5 MILES 10 MILES • The property offers frontage onto Highway Population (2008) 2,330 25,208 41,301 258,305 5 and is located across Highway 5 from Average Household Income $111,561 $87,863 $98,565 $85,439 Stillwater High School Growth 2008 -2013 14.73% 8.20% 6.97% 3.98% • Area retailers include: Kowalski's, Kohl's, Menard's and Wal -Mart PROPERTY TAXES 2009: PID # 06- 029 -20 -13 -0012: $89,326 • - TRAFFIC COUNTS: Highway 5 (Stillwater Boulevard): 20,800 VPD Highway 36: 37,800 VPD • ©2009, CB Richard Ells, Inc We obtained the information above from sources we believe to be reliable However, we have not ver its accuracy and make no guarantee, warranty or representation about it It Ts submitted subject to the possibility of errors, omissions, change of once, rental or other conditions, prior sale, lease or financng, or withdrawal without notice- We Include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your awn investigation of the property and transaction.