XSite Validation Sample Report
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XSite Validation provides property research, land research, property valuation, commercial property appraisal, real estate site selection services.
Document Sample


XSITE REPORT By: XSite Validation Property Location: 2260 18 Mile Rd Sterling Heights, MI 48314 Longitude: 42.592981283 Latitude: -83.08662322 Industry Type: Grocery Supermarkets XRI: 42 This Report Is Prepared For Brian Ferrilla www.xsitevalidation.com (888) 58-XSITE | 32255 Northwestern Highway - Suite 280 | Farmington Hills, MI | 48334 © 2008, XSite Validation. All rights reserved. TABLE OF CONTENTS I. THE VALUE OF XSITE II. THE XRI (SCORECARD ANALYSIS) III. SITE OVERVIEW SITE MAP AERIAL MAP IV. DEMOGRAPHIC ANALYSIS EXECUTIVE DEMOGRAPHIC SUMMARY Population Households Income Race and Ethnicity Housing Employment EXECUTIVE SUMMARY CHARTS Population Demographics Population by Age Population by Race/Ethnicity Households by Income MATURE MARKET COMPARISON 2008 Population by Age 2008 Income by Age of Head of Household/ Percentage of All Households 2000 Age by Race COMPLETE DEMOGRAPHIC COMPARISON 2008 Demographics 2013 Demographics 2000 Census Demographics 1990 Demographics Population Trend Household Trend Housing Units Trend Race and Ethnicity Trend COMPLETE DEMOGRAPHIC SUMMARY Population Demographics Population by Race/Ethnicity Population by Age Households by Income Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 2 of 88 Employment and Business Housing Units Vehicles Available Marital Status Educational Attainment THEMED DEMOGRAPHIC GROWTH MAP V. BUSINESS PERSPECTIVES CONSUMER COMPARISON EXPENDITURE 2008 Consumer Expenditure (Average Household Annual Expenditure) 2013 Consumer Expenditures (Average Household Expenditure) CONSUMER EXPENDITURE GAP ANALYSIS BUSINESS COMPARISON 2008 Business Summary Totals BUSINESS SUMMARY 2008 Business Summary 2008 Employees by Occupation 2008 Establishments by Employee Size 2008 Major Industry 2008 Services EMPLOYMENT SUMMARY 2000 Occupation and Employment Means of Transportation to Work Travel Time to Work Employment by Industry Occupation BUSINESS LIST BUSINESS LIST REPORT – FILTERED NAICS MAP VI. TRAFFIC DATA TRAFFIC COUNTS LIST TRAFFIC MAP VII. BUILDING PERMITS BUILDING PERMIT LIST VIII. REAL ESTATE COMPARABLES PROPERTY DETAIL NEIGHBORHOOD INFORMATION IX. NOTICE Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 3 of 88 I. THE VALUE OF XSITE OVERVIEW XSite Validation (“XSite”) helps analyze and validate a parcel of property for investment, development and\or financing. This report was generated on-line at www.xsitevalidation.com in just a couple of minutes. XSite assists bankers, developers, investors and other real estate professionals in obtaining information on parcels of land and existing projects. This report synthesizes dozens of data sources into one comprehensive, easy to read report, providing valuable market information, demographics, competitive analysis and other critical information needed to make a sound business decision about the property. Most importantly, this report includes algorithms to assess the property for a specific intended use and provides an objective “score” for the property. The patent-pending XSite Report Index (XRI) provides what no other system can: an objective score to rank the property for a specific intended use. This revolutionary technology utilizes sophisticated algorithms and relative weighting of the individual data elements to provide a “bottom line” score for any given property. For the first time, you can objectively compare different properties, evaluate a site for multiple intended uses, and make fully informed decisions about a real estate project. The primary data elements considered in the XRI are: Population Growth Traffic Counts Median Income Average Income Consumer Expenditure By Intended Use Market Potential Building Permit Activity Household Growth Average Home Value Competitive Locations And, of course, the bottom line -- the overall XRI score. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 4 of 88 II. THE XRI (SCORECARD ANALYSIS) The XSite Report Index (XRI) is an exclusive scoring system, quantifying development value with an objective grade based upon intended use. SUBJECT Population Growth Traffic Counts Median Income Average Income Consumer Expenditure Trade Area Potential Building Permit Activity Household Growth Average Home Value Competitive Locations XRI 26 15 29 33 38 110 10 24 30 110 XRI Score 42 The data-weighted models contained in the XSite process/algorithm are subject to change based upon the geographic availability of the source data. Proper measures have been taken to maximize the validity and completeness of all data sources. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 5 of 88 III. SITE OVERVIEW SITE MAP - 10.00 Miles: 2260 18 MILE RD The site map provides a frame of reference to visualize the property's location, and its nearby highways, intersections, and other landmarks. Summary Brought to you by SRC, LLC. © 2008 All Rights Reserved Date: 06/04/09 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 6 of 88 AERIAL MAP - 1 Mile: 2260 18 MILE RD Aerials are taken as a tool to view the density of an area and its competitive landscape. Summary Aerial Photography: GlobeXplorer © 2008 Brought to you by SRC, LLC. © 2008 All Rights Reserved Date: 06/04/09 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 7 of 88 IV. DEMOGRAPHIC ANALYSIS EXECUTIVE DEMOGRAPHIC SUMMARY Demographic summaries are the most commonly used tool to analyze a trade area; here, the summary establishes insight into significant data such as population, households, income, race and ethnicity, housing, and employment. Population The current year population in this selected geography is 973,113. The 2000 Census revealed a population of 943,503, and in 1990 it was 887,042 representing a 6.4% change. It is estimated that the population in this area will be 984,786 in 2013, representing a change of 1.2% from 2008. The current population is 49.1% male and 50.9% female. In 2008, the median age of the population in this area was 40.1, compared to the US median age which was 36.9. The population density in your area is 3,097.5 people per square mile. Households There are currently 388,988 households in this selected geography. The Census revealed household counts of 378,140 in 2000, up from 334,019 in 1990, representing a change of 13.2%. It is estimated that the number of households in this area will be 392,359 in 2013, representing a change of 0.9% from the current year. For the current year, the average household size in this area is 2.50% persons. In 2008, the median number of years in residence in this geography's population is 4.64%. The average household size in this geography was 2.48% people and the average family size was 3.25% people. The average number of vehicles per household in this geography was 1.9. Income In 2008, the median household income in this selected geography was $72,019, compared to the US median which was $52,599. The Census revealed median household incomes of $57,399 in 2000 and $41,772 in 1990 representing a change of 37.4%. It is estimated that the median household income in this area will be $80,815 in 2013, which would represent a change of 12.2% from the current year. In 2008, the per capita income in this area was $31,498, compared to the $US per capita, which was $26,464. The 2008 average household income for this area was $77,818, compared to the US average which was $68,953. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 8 of 88 Race & Ethnicity In 2008, the racial makeup of this selected area was as follows: 83.9% White; 7.7% Black; 0.2% Native American; 5.7% Asian/Pacific Islander; and 0.5% Other. Compare these to the US racial makeup which was: 73.5% White, 12.4% Black, 0.8% Native American, 4.6% Asian/Pacific Islander and 5.7% Other. People of Hispanic ethnicity are counted independently of race. People of Hispanic origin make up 2.2% of the current year population in this selected area. Compare this to the US makeup of 15.5%. Changes in the population within each race and ethnicity category from the 1990 Census to the 2000 Census are as follows: -15.5% American Indian, Eskimo, Aleut Population; 91.1% Asian, Pacific Islander; 69.3% Black; 37.7% Hispanic Ethnicity; 75.2% Other; White 0.5%. Housing The median housing value in this area was $85,536 in 1990, compare this to the US median of $78,382 for the same year. The 2000 Census median housing value was $155,206, which is a 81.5% change from 1990. In 1990, there were 251,825 owner occupied housing units in this area vs. 290,225 in 2000. Also in 1990, there were 82,203 renter occupied housing units in this area vs. 87,914 in 2000. The average rent in 1990 was $468 vs. $625 in 2000. Employment In 2008, there were 521,726 people over the age of 16 in the labor force in your geography. Of these 61.2% were employed, 5.5% were unemployed, 33.4% were not in the labor force and 0.0% were in the Armed Forces. In 1990, unemployment in this area was 5.2% and in 2000 it was 3.6%. In 2008, there were 608,658 employees in this selected area (daytime population) and there were 42,700 establishments. For this area in 1990, 65.7% of employees were employed in white-collar occupations and 34.3% were employed in blue-collar occupations. In 2000, white collar workers made up 67.7% of the population, and those employed in blue collar occupations made up 32.3%. In 1990, the average time traveled to work was 14 minutes and in 2000 it was 23 minutes. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 9 of 88 EXECUTIVE SUMMARY CHARTS In the comprehension of real estate, charts provide a visual means to define information. Here, the population demographics and household income are conveniently charted. Population Demographics The number of households in the study area in 1990 was 334,019 and changed to 378,140 in 2000, representing a change of 13.2%. The household count in 2008 was 388,988 and the household projection for 2013 is 392,359, a change of 0.9%. The population in the study area in 1990 was 887,042 and in 2000 it was 943,503, roughly a 6.4% change. The population in 2008 was 973,113 and the projection for 2013 is 984,786 representing a change of 1.2%. Percent Change 1990 Census Total Population Total Households 887,042 334,019 2000 Census 943,503 378,140 2008 Estimate 973,113 388,988 2013 Projection 984,786 392,359 1990 to 2000 6.4% 13.2% 2008 to 2013 1.2% 0.9% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 10 of 88 Population by Age In 1990, the median age of the total population in the study area was 34.0, and in 2000, it was 37.3. The median age in 2008 is 40.1 and it is predicted to change in five years to 41.6 years. In 2008, females represented 50.9% of the population with a median age of 41.5 and males represented 49.1% of the population with a median age of 38.7 years. In 2008, the most prominent age group in this geography is Age 45 to 54 years. The age group least represented in this geography is 0 to 4 years. Age Groups 1990 Census 0 to 4 5 to 14 15 to 19 20 to 24 25 to 34 35 to 44 45 to 54 55 to 64 65 to 74 75 + 60,632 116,460 59,263 63,078 159,453 140,832 101,557 81,102 63,718 40,940 % 6.8% 13.1% 6.7% 7.1% 18.0% 15.9% 11.4% 9.1% 7.2% 4.6% 2000 Census 59,223 126,956 57,868 51,505 140,806 158,560 136,010 87,379 64,340 60,855 % 6.3% 13.5% 6.1% 5.5% 14.9% 16.8% 14.4% 9.3% 6.8% 6.5% 2008 Estimate 56,770 120,987 63,766 59,143 115,804 143,288 155,726 123,150 68,140 66,302 % 5.8% 12.4% 6.6% 6.1% 11.9% 14.7% 16.0% 12.7% 7.0% 6.8% 2013 Projection 57,561 114,347 63,258 65,025 113,262 125,261 153,577 140,306 86,119 65,968 % 5.8% 11.6% 6.4% 6.6% 11.5% 12.7% 15.6% 14.2% 8.7% 6.7% Percent Change 1990 to 2000 -2.3% 9.0% -2.4% -18.3% -11.7% 12.6% 33.9% 7.7% 1.0% 48.6% 2008 to 2013 1.4% -5.5% -0.8% 9.9% -2.2% -12.6% -1.4% 13.9% 26.4% -0.5% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 11 of 88 Population by Race/Ethnicity In 2008, the predominant race/ ethnicity category in this study area is White. The race & ethnicity category least represented in this geography is American Indian, Alaska Native. Race & Ethnicity 1990 Census White Black American Indian or Alaska Native Asian or Pacific Islander Other Race Two or More Races Hispanic Ethnicity Not Hispanic or Latino 11,135 875,910 1.3% 98.8% 838,986 22,989 2,980 19,788 2,295 % 94.6% 2.6% 0.3% 2.2% 0.3% 2000 Census 842,840 38,932 2,518 37,811 4,022 17,380 15,336 928,167 % 89.3% 4.1% 0.3% 4.0% 0.4% 1.8% 1.6% 98.4% 2008 Estimate 816,377 74,865 2,186 55,742 4,697 19,245 21,595 951,517 % 83.9% 7.7% 0.2% 5.7% 0.5% 2.0% 2.2% 97.8% 2013 Projection 796,129 95,879 1,887 67,946 5,449 17,496 26,126 958,661 % 80.8% 9.7% 0.2% 6.9% 0.6% 1.8% 2.7% 97.4% Percent Change 1990 to 2000 0.5% 69.3% -15.5% 91.1% 75.2% 2008 to 2013 -2.5% 28.1% -13.7% 21.9% 16.0% -9.1% 37.7% 6.0% 21.0% 0.8% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 12 of 88 Households by Income In 2008 the predominant household income category in this study area is $100K $150K, and the income group that is least represented in this geography is $0 - $15K. HH Income Categories 1990 Census $0 - $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000 - $149,999 $150,000 + Average Hhld Income Median Hhld Income Per Capita Income 45,549 41,765 46,816 68,110 76,015 31,663 16,198 7,878 $50,322 $41,772 $18,985 % 13.6% 12.5% 14.0% 20.4% 22.8% 9.5% 4.9% 2.4% 2000 Census 34,759 34,665 38,435 55,649 82,139 55,424 49,959 27,109 $72,139 $57,399 $28,912 % 9.2% 9.2% 10.2% 14.7% 21.7% 14.7% 13.2% 7.2% 2008 Estimate 24,901 27,876 31,250 47,404 71,240 58,885 73,475 53,956 $77,818 $72,019 $31,498 % 6.4% 7.2% 8.0% 12.2% 18.3% 15.1% 18.9% 13.9% 2013 Projection 22,115 22,798 27,674 42,641 67,957 56,255 80,136 72,782 $81,524 $80,815 $32,868 % 5.6% 5.8% 7.1% 10.9% 17.3% 14.3% 20.4% 18.6% Percent Change 1990 to 2000 -23.7% -17.0% -17.9% -18.3% 8.1% 75.0% 208.4% 244.1% 43.4% 37.4% 52.3% 2008 to 2013 -11.2% -18.2% -11.4% -10.0% -4.6% -4.5% 9.1% 34.9% 4.8% 12.2% 4.3% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 13 of 88 MATURE MARKET COMPARISON When analyzing a particular trade area, citizens that are 55 years of age and above remain an important consideration. 10 Miles: 2260 18 MILE RD Michigan Entire US 2008 Population by Age Total Population Age 55 - 59 Age 60 - 64 Age 65 - 69 Age 70 - 74 Age 75 - 79 Age 80 - 84 Age 85 Plus Age 55 Plus Age 65 Plus Total Population Median Age Total Population 55+ Median Age 973,113 7.0% 5.7% 4.0% 3.1% 2.7% 2.1% 2.0% 26.5% 13.8% 40.1 65.6 10,147,507 6.6% 5.2% 3.8% 3.0% 2.5% 1.9% 1.9% 24.7% 13.0% 37.8 65.7 305,316,813 6.2% 5.0% 3.7% 2.9% 2.4% 1.9% 1.9% 24.0% 12.9% 36.9 66.0 Age: Male Male Total Pop Age 55 - 59 Age 60 - 64 Age 65 - 69 Age 70 - 74 Age 75 - 79 Age 80 - 84 Age 85 Plus Males Age 55 Plus Males Age 65 Plus Median Age Males 477,547 7.0% 5.5% 3.8% 2.8% 2.4% 1.6% 1.3% 24.2% 11.8% 38.7 4,999,939 6.5% 5.1% 3.6% 2.7% 2.2% 1.5% 1.2% 22.8% 11.2% 36.5 150,510,358 6.1% 4.8% 3.6% 2.7% 2.1% 1.5% 1.2% 22.0% 11.1% 35.6 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 14 of 88 Median Age 55+ Males 64.6 64.8 65.1 10 Miles: 2260 18 MILE RD Age: Female Female Population Age 55 - 59 Age 60 - 64 Age 65 - 69 Age 70 - 74 Age 75 - 79 Age 80 - 84 Age 85 Plus Females Age 55 Plus Females Age 65 Plus Median Age Females Median Age 55+ Females 495,566 7.0% 5.8% 4.2% 3.3% 3.1% 2.6% 2.8% 28.6% 15.8% 41.5 66.2 Michigan Entire US 5,147,568 6.6% 5.3% 4.0% 3.2% 2.8% 2.3% 2.5% 26.5% 14.7% 39.0 66.2 154,806,455 6.3% 5.1% 3.9% 3.2% 2.8% 2.3% 2.5% 26.0% 14.6% 38.3 66.4 2008 Income by Age of Head of Household/Percentage of all Households Age of Head of Household 55 - 64 $ 0 - $9,999 $ 10,000 - $14,999 $ 15,000 - $19,999 $ 20,000 - $24,999 $ 25,000 - $29,999 $ 30,000 - $34,999 $ 35,000 - $39,999 $ 40,000 - $49,999 $ 50,000 - $59,999 $ 60,000 - $74,999 $ 75,000 - $99,999 $100,000 - $124,999 $125,000 - $149,999 $150,000 - $199,999 $200,000 Plus Median 55 - 64 2.9% 1.6% 2.3% 2.7% 3.0% 3.6% 3.2% 7.0% 6.9% 9.9% 15.4% 12.8% 9.6% 9.8% 9.8% $131,750 5.5% 2.6% 3.5% 4.0% 4.3% 4.7% 4.2% 8.8% 8.2% 10.8% 14.2% 10.3% 6.9% 6.1% 6.0% $109,073 6.7% 3.2% 4.1% 4.3% 4.3% 4.8% 4.4% 9.2% 8.3% 10.7% 13.3% 9.3% 5.8% 5.4% 6.3% $100,961 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 15 of 88 10 Miles: 2260 18 MILE RD Age of Head of Household 65 - 74 $ 0 - $9,999 $ 10,000 - $14,999 $ 15,000 - $19,999 $ 20,000 - $24,999 $ 25,000 - $29,999 $ 30,000 - $34,999 $ 35,000 - $39,999 $ 40,000 - $49,999 $ 50,000 - $59,999 $ 60,000 - $74,999 $ 75,000 - $99,999 $100,000 - $124,999 $125,000 - $149,999 $150,000 - $199,999 $200,000 Plus Median 65 - 74 5.0% 4.0% 5.8% 5.6% 5.7% 6.2% 5.4% 10.0% 8.0% 9.4% 11.9% 7.7% 4.9% 5.1% 6.1% $86,797 Michigan Entire US 7.3% 5.3% 7.1% 7.1% 6.8% 7.0% 5.9% 10.5% 8.0% 8.9% 9.7% 5.9% 3.6% 3.2% 3.8% $70,034 9.0% 5.8% 7.1% 6.7% 6.2% 6.3% 5.5% 10.0% 7.9% 8.9% 9.6% 5.9% 3.6% 3.2% 4.2% $68,537 Age of Head of Household 75 Plus $ 0 - $9,999 $ 10,000 - $14,999 $ 15,000 - $19,999 $ 20,000 - $24,999 $ 25,000 - $29,999 $ 30,000 - $34,999 $ 35,000 - $39,999 $ 40,000 - $49,999 $ 50,000 - $59,999 $ 60,000 - $74,999 $ 75,000 - $99,999 $100,000 - $124,999 $125,000 - $149,999 $150,000 - $199,999 $200,000 Plus Median 75 Plus 9.3% 8.3% 10.3% 8.0% 6.7% 6.4% 4.8% 8.3% 6.3% 7.0% 9.0% 5.6% 3.5% 3.0% 4.0% $53,485 11.5% 9.1% 10.4% 8.6% 6.9% 6.3% 4.9% 8.5% 6.4% 7.0% 7.7% 4.7% 2.6% 2.2% 3.1% $49,188 13.4% 9.1% 9.5% 7.8% 6.4% 6.1% 4.9% 8.5% 6.4% 7.1% 7.6% 4.6% 2.6% 2.4% 3.5% $49,002 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 16 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US 2000 Age by Race Asian Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 1,526 534 578 226 430 457 298 169 105 6,085 2,163 2,434 1,123 1,588 1,853 1,172 580 397 419,614 142,513 191,602 114,482 154,298 217,349 150,972 86,960 58,933 Hispanic Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 436 94 251 97 127 246 148 58 70 7,534 2,103 3,227 2,070 2,497 3,756 2,459 1,330 804 934,258 311,875 419,334 249,228 341,713 476,523 318,581 173,836 141,329 Multiple Race Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 654 201 238 78 153 252 188 116 107 5,582 1,784 2,523 1,187 1,958 2,507 1,722 1,103 845 204,122 67,046 88,335 51,253 69,244 97,769 72,012 42,293 34,274 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 17 of 88 10 Miles: 2260 18 MILE RD Native American Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 106 13 25 7 22 53 27 35 0 Michigan Entire US 2,112 659 880 497 683 940 553 328 168 89,879 29,093 37,517 21,510 28,156 36,823 25,082 14,612 11,403 Native Hawaiian Pacific Islander Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 0 0 24 12 0 0 0 0 0 142 0 34 84 22 36 22 12 4 11,948 4,952 6,024 3,032 3,954 5,826 3,676 2,318 1,940 Other Race Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 98 10 14 18 26 41 28 0 36 2,410 598 956 632 682 1,300 682 398 358 334,086 107,800 139,088 81,598 107,228 146,264 95,686 52,988 45,228 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 18 of 88 10 Miles: 2260 18 MILE RD White Age 55 to 59 Age 60 and 61 Age 62 to 64 Age 65 and 66 Age 67 to 69 Age 70 to 74 Age 75 to 79 Age 80 to 84 Age 85 Plus 46,668 15,876 21,914 12,954 19,432 34,930 33,025 23,140 20,721 Michigan Entire US 420,484 140,124 194,698 120,652 183,960 306,906 273,416 198,382 182,346 11,335,472 3,867,226 5,446,454 3,434,232 5,158,774 8,534,906 7,680,456 5,549,120 5,291,094 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 19 of 88 COMPLETE DEMOGRAPHIC COMPARISON The below information allows a comparison from different years, analyzing data such as: age breakdown, housing units, race and ethnicity, marital status, educational attainment, household income, vehicles available and business and employment. 10 Miles: 2260 18 MILE RD Michigan Entire US 2008 Demographics Total Population Total Households Female Population % Female Male Population % Male Population Density (per Sq. Mi.) 973,113 388,988 495,566 50.9% 477,547 49.1% 3,097.5 10,147,507 3,895,823 5,147,568 50.7% 4,999,939 49.3% 174.5 305,316,813 113,634,428 154,806,455 50.7% 150,510,358 49.3% 84.9 Age: Age 0 - 4 Age 5 - 14 Age 15 - 19 Age 20 - 24 Age 25 - 34 Age 35 - 44 Age 45 - 54 Age 55 - 64 Age 65 - 74 Age 75 - 84 Age 85 + Median Age 5.8% 12.4% 6.6% 6.1% 11.9% 14.7% 16.0% 12.7% 7.0% 4.8% 2.0% 40.1 6.4% 13.2% 7.2% 7.0% 12.6% 13.8% 15.1% 11.7% 6.7% 4.4% 1.9% 37.8 6.8% 13.3% 7.0% 7.0% 13.3% 14.0% 14.5% 11.2% 6.7% 4.3% 1.9% 36.9 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 20 of 88 10 Miles: 2260 18 MILE RD Housing Units Total Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 428,119 71.9% 19.0% 9.1% Michigan Entire US 4,602,853 64.0% 20.7% 15.4% 129,657,030 59.2% 28.4% 12.4% Race and Ethnicity American Indian, Eskimo, Aleut Asian Black Hawaiian/Pacific Islander White Other Multi-Race 0.2% 5.7% 7.7% 0.0% 83.9% 0.5% 2.0% 0.5% 2.5% 14.1% 0.0% 79.3% 1.4% 2.2% 0.8% 4.6% 12.4% 0.2% 73.5% 5.7% 2.9% Hispanic Ethnicity Not of Hispanic Ethnicity 2.2% 97.8% 4.1% 95.9% 15.5% 84.5% Marital Status: Age 15 + Population Divorced Never Married Now Married Separated Widowed 794,651 9.3% 25.9% 55.8% 2.4% 6.5% 8,159,431 10.1% 27.2% 52.6% 3.7% 6.5% 243,984,547 9.6% 26.5% 52.2% 5.2% 6.4% Educational Attainment: Total Population Age 25+ Grade K - 8 Grade 9 - 12 High School Graduate Associates Degree Bachelor's Degree Graduate Degree Some College, No Degree 672,409 3.0% 6.3% 26.7% 7.7% 20.8% 14.0% 21.5% 6,718,090 3.5% 8.2% 32.8% 8.0% 15.8% 9.5% 22.2% 201,218,330 6.2% 8.7% 30.6% 7.7% 17.6% 10.2% 19.0% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 21 of 88 10 Miles: 2260 18 MILE RD Household Income: Income $ 0 - $9,999 Income $ 10,000 - $14,999 Income $ 15,000 - $24,999 Income $ 25,000 - $34,999 Income $ 35,000 - $49,999 Income $ 50,000 - $74,999 Income $ 75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 + 3.9% 2.5% 7.2% 8.0% 12.2% 18.3% 15.1% 11.3% 7.6% 13.9% Michigan Entire US 6.5% 3.7% 9.8% 10.2% 14.5% 19.6% 13.3% 8.7% 5.2% 8.4% 7.6% 4.1% 10.3% 10.5% 14.8% 19.3% 12.4% 7.9% 4.6% 8.5% Average Household Income Median Household Income Per Capita Income $77,818 $72,019 $31,498 $62,617 $55,228 $24,779 $68,953 $52,599 $26,464 Vehicles Available: 0 Vehicles Available 1 Vehicle Available 2+ Vehicles Available Average Vehicles Per Household Total Vehicles Available 4.8% 33.5% 61.7% $1.90 735,730 6.4% 33.3% 60.3% $1.90 7,269,629 8.4% 32.9% 58.8% $1.90 210,409,627 Business and Employment: Number of Employees Number of Establishments 608,658 42,700 4,998,072 388,443 145,474,789 11,875,669 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 22 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US 2013 Demographics Total Population Total Households Female Population % Female Male Population % Male 984,786 392,359 499,233 50.7% 485,553 49.3% 10,267,562 3,962,588 5,194,097 50.6% 5,073,465 49.4% 319,924,911 118,653,088 161,816,838 50.6% 158,108,073 49.4% Age: Age 0 - 4 Age 5 - 14 Age 15 - 19 Age 20 - 24 Age 25 - 34 Age 35 - 44 Age 45 - 54 Age 55 - 64 Age 65 - 74 Age 75 - 84 Age 85 + Median Age 5.8% 11.6% 6.4% 6.6% 11.5% 12.7% 15.6% 14.2% 8.7% 4.8% 1.9% 41.6 6.5% 12.4% 6.7% 7.1% 13.1% 12.4% 14.4% 13.2% 8.2% 4.4% 1.8% 38.6 6.7% 13.0% 6.5% 6.8% 13.4% 12.9% 14.2% 12.5% 7.9% 4.4% 1.8% 37.8 Housing Units Trend Total Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 451,911 70.2% 16.7% 13.2% 4,826,232 62.9% 19.2% 17.9% 138,011,711 58.7% 27.2% 14.0% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 23 of 88 10 Miles: 2260 18 MILE RD Race and Ethnicity American Indian, Eskimo, Aleut Asian Black Hawaiian/Pacific Islander White Other Multi-Race 0.2% 6.9% 9.7% 0.0% 80.8% 0.6% 1.8% Michigan Entire US 0.4% 3.0% 14.0% 0.0% 78.7% 1.8% 2.0% 0.7% 5.1% 12.5% 0.2% 72.6% 6.0% 2.9% Hispanic Ethnicity Not of Hispanic Ethnicity 2.7% 97.3% 4.6% 95.4% 17.1% 82.9% Marital Status: Age 15 + Population Divorced Never Married Now Married Separated Widowed 811,448 9.2% 25.8% 56.2% 2.4% 6.4% 8,326,514 10.1% 27.1% 52.9% 3.6% 6.4% 256,950,412 9.6% 26.3% 52.7% 5.2% 6.3% Educational Attainment: Total Population Age 25+ Grade K - 9 Grade 9 - 12 High School Graduate Associates Degree Bachelor's Degree Graduate Degree Some College, No Degree 684,493 2.4% 4.7% 26.7% 8.1% 21.9% 15.6% 20.7% 6,919,827 3.0% 6.5% 33.4% 8.5% 16.9% 10.3% 21.3% 214,343,958 5.5% 7.2% 31.6% 8.5% 18.6% 10.9% 17.7% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 24 of 88 10 Miles: 2260 18 MILE RD Household Income: Income $ 0 - $9,999 Income $ 10,000 - $14,999 Income $ 15,000 - $24,999 Income $ 25,000 - $34,999 Income $ 35,000 - $49,999 Income $ 50,000 - $74,999 Income $ 75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 + 3.4% 2.2% 5.8% 7.1% 10.9% 17.3% 14.3% 11.5% 8.9% 18.6% Michigan Entire US 5.9% 3.3% 8.1% 9.3% 13.3% 19.2% 13.5% 9.4% 6.5% 11.5% 6.8% 3.7% 8.6% 9.5% 13.7% 19.2% 12.9% 8.6% 5.8% 11.4% Average Household Income Median Household Income Per Capita Income $81,524 $80,815 $32,868 $65,787 $61,260 $26,150 $77,416 $58,280 $29,566 Vehicles Available 0 Vehicles Available 1 Vehicle Available 2+ Vehicles Available Average Vehicles Per Household Total Vehicles Available 4.2% 33.2% 62.5% $2.00 766,811 5.8% 32.9% 61.3% $2.00 7,611,514 7.4% 32.0% 60.6% $2.00 229,436,268 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 25 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US 2000 Census Demographics Total Population Total Households Female Population % Female Male Population % Male 943,503 378,140 483,826 51.3% 459,677 48.7% 9,938,444 3,785,661 5,065,349 51.0% 4,873,095 49.0% 281,421,906 105,480,101 143,368,343 50.9% 138,053,563 49.1% Age: Age 0 - 4 Age 5 - 14 Age 15 - 19 Age 20 - 24 Age 25 - 34 Age 35 - 44 Age 45 - 54 Age 55 - 64 Age 65 - 74 Age 75 - 84 Age 85 + 6.3% 13.5% 6.1% 5.5% 14.9% 16.8% 14.4% 9.3% 6.8% 4.9% 1.5% 6.8% 15.0% 7.2% 6.5% 13.7% 16.1% 13.8% 8.7% 6.5% 4.4% 1.4% 6.8% 14.6% 7.2% 6.7% 14.2% 16.0% 13.4% 8.6% 6.5% 4.4% 1.5% Median Age 37.3 35.5 35.3 Housing Units Trend Total Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 391,156 74.2% 22.5% 3.3% 4,234,279 66.0% 23.4% 10.6% 115,904,641 60.2% 30.8% 9.0% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 26 of 88 10 Miles: 2260 18 MILE RD Race and Ethnicity American Indian, Eskimo, Aleut Asian, and Hawaiian or other Pacific Islander Black White Other Two or More Races 0.3% 4.0% 4.1% 89.3% 0.4% 1.8% Michigan Entire US 0.6% 1.8% 14.2% 80.2% 1.3% 1.9% 0.9% 3.8% 12.3% 75.1% 5.5% 2.4% Hispanic Ethnicity Not of Hispanic Ethnicity 1.6% 98.4% 3.3% 96.7% 12.6% 87.5% Marital Status: Age 15 + Population Divorced Never Married Now Married Separated Widowed 757,323 9.6% 26.2% 55.0% 2.4% 6.8% 7,774,246 10.3% 27.8% 51.5% 3.8% 6.6% 221,168,531 9.8% 27.1% 51.1% 5.4% 6.6% Educational Attainment: Total Population Age 25+ Grade K - 9 Grade 9 - 11, No diploma High School Graduate Associates Degree Bachelor's Degree Graduate Degree Some College, No Degree No Schooling Completed 647,950 3.4% 9.8% 26.5% 7.1% 18.8% 11.2% 22.5% 0.8% 6,410,540 3.8% 11.9% 31.3% 7.0% 13.7% 8.1% 23.3% 0.9% 181,984,640 6.1% 12.1% 28.6% 6.3% 15.5% 8.9% 21.1% 1.4% Public School Enrollment Private School Enrollment 84.0% 16.0% 86.2% 13.8% 83.6% 16.4% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 27 of 88 10 Miles: 2260 18 MILE RD Household Income: Income $ 0 - $9,999 Income $ 10,000 - $14,999 Income $ 15,000 - $24,999 Income $ 25,000 - $34,999 Income $ 35,000 - $49,999 Income $ 50,000 - $74,999 Income $ 75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 - $199,999 Income $200,000 or More 5.0% 4.2% 9.2% 10.2% 14.7% 21.7% 14.7% 8.8% 4.5% 3.7% 3.5% Michigan Entire US 8.3% 5.8% 12.4% 12.4% 16.5% 20.6% 11.4% 5.9% 2.7% 2.1% 2.0% 9.5% 6.3% 12.8% 12.8% 16.5% 19.5% 10.2% 5.2% 2.5% 2.2% 2.4% Average Household Income Median Household Income Per Capita Income $72,139 $57,399 $28,912 $57,400 $44,702 $21,864 $56,644 $42,257 $21,231 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 28 of 88 10 Miles: 2260 18 MILE RD Vehicles Available 0 Vehicles Available 1 Vehicle Available 2 Vehicles Available 3+ Vehicles Available Average Vehicles Per Household Total Vehicles Available 5.8% 33.6% 43.1% 17.5% $1.70 676,818 Michigan Entire US 7.7% 33.8% 40.7% 17.9% $1.60 6,668,251 10.3% 34.3% 38.4% 17.1% $1.50 178,344,236 Blue Collar Occupations White Collar Occupations % Blue Collar Workers % White Collar Workers 155,947 326,146 32.4% 67.7% 1,990,481 2,645,742 42.9% 57.1% 51,479,643 78,249,658 39.7% 60.3% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 29 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US 1990 Demographics Total Population Total Households Female Population % Female Male Population % Male 887,042 334,019 457,901 51.6% 429,141 48.4% 9,295,304 3,419,331 4,782,528 51.5% 4,512,776 48.6% 248,710,012 91,947,641 127,470,619 51.3% 121,239,393 48.8% Age: Total Population Age 0 - 4 Age 5 - 14 Age 15 - 19 Age 20 - 24 Age 25 - 34 Age 35 - 44 Age 45 - 54 Age 55 - 64 Age 65 - 74 Age 75 - 84 Age 85 + Median Age 887,042 6.8% 13.1% 6.7% 7.1% 18.0% 15.9% 11.4% 9.1% 7.2% 3.6% 1.1% 34.0 9,295,304 7.6% 14.6% 7.5% 7.6% 16.9% 15.1% 10.2% 8.6% 7.1% 3.7% 1.2% 32.6 248,710,012 7.4% 14.2% 7.1% 7.7% 17.4% 15.1% 10.1% 8.5% 7.3% 4.0% 1.2% 32.9 Housing Units Total Housing Units Owner Occupied Housing Units Renter Occupied Housing Units Vacant Housing Units 347,131 72.5% 23.7% 3.8% 3,847,934 63.1% 25.8% 11.1% 102,264,033 57.7% 32.2% 10.1% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 30 of 88 10 Miles: 2260 18 MILE RD Race and Ethnicity American Indian, Eskimo, Aleut Asian Black White Other 0.3% 2.2% 2.6% 94.6% 0.3% Michigan Entire US 0.6% 1.1% 13.9% 83.4% 0.9% 0.8% 2.9% 12.1% 80.3% 3.9% Hispanic Ethnicity Not of Hispanic Ethnicity 1.3% 98.8% 2.2% 97.8% 9.0% 91.0% Educational Attainment: Total Population Age 25+ Grade K - 9 Grade 9 - 12 High School Graduate Associates Degree Bachelor's Degree Graduate Degree Some College, No Degree 587,602 6.0% 12.8% 28.7% 7.1% 15.2% 8.6% 21.6% 5,831,929 7.7% 15.5% 32.3% 6.7% 10.9% 6.4% 20.4% 158,367,618 10.4% 14.4% 30.0% 6.2% 13.1% 7.2% 18.8% 1990 Household Income: Income $ 0 - $9,999 Income $ 10,000 - $19,999 Income $ 20,000 - $29,999 Income $ 30,000 - $39,999 Income $ 40,000 - $49,999 Income $ 50,000 - $59,999 Income $ 60,000 - $74,999 Income $ 75,000 - $99,999 Income $100,000 - $124,999 Income $125,000 - $149,999 Income $150,000 + 8.0% 11.5% 13.3% 14.2% 13.5% 11.3% 11.5% 9.5% 3.5% 1.3% 2.4% 15.5% 16.8% 15.8% 14.6% 11.8% 8.5% 7.8% 5.4% 1.8% 0.7% 1.2% 15.4% 17.6% 16.8% 14.5% 11.1% 7.9% 7.2% 5.1% 2.0% 0.8% 1.6% Average Household Income Median Household Income Per Capita Income $50,322 $41,772 $18,985 $38,065 $31,064 $14,109 $38,464 $30,102 $14,381 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 31 of 88 10 Miles: 2260 18 MILE RD Vehicles Available 0 Vehicles Available 1 Vehicle Available 2+ Vehicles Available Average Vehicles Per Household Total Vehicles Available 5.1% 28.9% 66.1% $1.90 624,651 Michigan Entire US 9.5% 31.3% 59.2% $1.70 5,872,617 10.7% 31.4% 57.9% $1.70 153,810,158 Population Trend 1990 2000 Change 1990 to 2000 2008 2013 Change 2008 to 2013 887,042 943,503 6.4% 973,113 984,786 1.2% 9,295,304 9,938,444 6.9% 10,147,507 10,267,562 1.2% 248,710,012 281,421,906 13.2% 305,316,813 319,924,911 4.8% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 32 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US Household Trend 1990 2000 Change 1990 to 2000 2008 2013 Change 2008 to 2013 334,019 378,140 13.2% 388,988 392,359 0.9% 3,419,331 3,785,661 10.7% 3,895,823 3,962,588 1.7% 91,947,641 105,480,101 14.7% 113,634,428 118,653,088 4.4% Average Household Size Trend 1990 2000 2008 2013 $2.63 $2.47 $2.48 $2.49 $2.66 $2.56 $2.54 $2.52 $2.63 $2.59 $2.61 $2.62 Median Age Trend 1990 2000 Change 1990 to 2000 2008 2013 Change 2008 to 2013 34 37 9.6% 40 42 3.8% 33 36 9.0% 38 39 2.3% 33 35 7.4% 37 38 2.5% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 33 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US Housing Units Trend Total Housing Units Change 1990 to 2000 Change 2008 to 2013 Owner Occupied Housing Units Change 1990 to 2000 Change 2008 to 2013 Renter Occupied Housing Units Change 1990 to 2000 Change 2008 to 2013 Vacant Housing Units Change 1990 to 2000 Change 2008 to 2013 -0.8% 52.2% 4.7% 22.2% 1.0% 20.8% 6.9% -7.2% 0.1% -2.6% 8.3% 2.0% 15.2% 3.0% 15.1% 3.1% 18.3% 5.6% 12.7% 5.6% 10.0% 4.9% 13.3% 6.4% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 34 of 88 10 Miles: 2260 18 MILE RD Michigan Entire US Race and Ethnicity Trend American Indian, Eskimo, Aleut Change 1990 to 2000 Change 2008 to 2013 Asian or Pacific Islander Change 1990 to 2000 Change 2008 to 2013 Black Change 1990 to 2000 Change 2008 to 2013 White Change 1990 to 2000 Change 2008 to 2013 Other Change 1990 to 2000 Change 2008 to 2013 Hispanic Ethnicity Change 1990 to 2000 Change 2008 to 2013 Not of Hispanic Ethnicity Change 1990 to 2000 Change 2008 to 2013 6.0% 0.8% 5.7% 0.6% 8.7% 2.8% 37.7% 21.0% 60.7% 13.9% 57.9% 15.8% 75.2% 16.0% 49.1% 25.2% 56.7% 10.8% 0.5% -2.5% 2.7% 0.5% 5.9% 3.5% 69.3% 28.1% 9.4% 0.7% 15.6% 5.4% 91.1% 22.0% 70.8% 19.5% 46.4% 16.7% -15.5% -13.7% 5.1% -11.7% 26.4% -2.5% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 35 of 88 COMPLETE DEMOGRAPHIC SUMMARY The complete demographic summary offers analysis from a wide range of years, centered upon population, income, employment, housing units, vehicles available, marital status, and educational attainment. Population Demographics Percent Change 1990 Census Total Population Population Density (Pop/Sq Mi) Total Households Population by Gender: Male Female 429,141 457,901 48.4% 51.6% 459,677 483,826 48.7% 51.3% 477,547 495,566 49.1% 50.9% 485,553 499,233 49.3% 50.7% 7.1% 5.7% 1.7% 0.7% 887,042 2,823.5 334,019 2000 Census 943,503 3,003.3 378,140 2008 Estimate 973,113 3,097.5 388,988 2013 Projection 984,786 3,134.7 392,359 1990 to 2000 6.4% 6.4% 13.2% 2008 to 2013 1.2% 1.2% 0.9% Population by Race/Ethnicity Percent Change 1990 Census White Black American Indian or Alaska Native Asian or Pacific Islander Some Other Race Two or More Races Hispanic Ethnicity Not Hispanic or Latino 11,135 875,910 1.3% 98.8% 838,986 22,989 2,980 19,788 2,295 94.6% 2.6% 0.3% 2.2% 0.3% 2000 Census 842,840 38,932 2,518 37,811 4,022 17,380 15,336 928,167 89.3% 4.1% 0.3% 4.0% 0.4% 1.8% 1.6% 98.4% 2008 Estimate 816,377 74,865 2,186 55,742 4,697 19,245 21,595 951,517 83.9% 7.7% 0.2% 5.7% 0.5% 2.0% 2.2% 97.8% 2013 Projection 796,129 95,879 1,887 67,946 5,449 17,496 26,126 958,661 80.8% 9.7% 0.2% 6.9% 0.6% 1.8% 2.7% 97.4% 37.7% 6.0% 1990 to 2000 0.5% 69.3% -15.5% 91.1% 75.2% 2008 to 2013 -2.5% 28.1% -13.7% 21.9% 16.0% -9.1% 21.0% 0.8% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 36 of 88 Population by Age Percent Change 1990 Census 0 to 4 5 to 14 15 to 19 20 to 24 25 to 34 35 to 44 45 to 54 55 to 64 65 to 74 75 to 84 85+ Median Age: Total Population 34.0 37.3 40.1 41.6 9.6% 3.8% 60,632 116,460 59,263 63,078 159,453 140,832 101,557 81,102 63,718 31,608 9,332 6.8% 13.1% 6.7% 7.1% 18.0% 15.9% 11.4% 9.1% 7.2% 3.6% 1.1% 2000 Census 59,223 126,956 57,868 51,505 140,806 158,560 136,010 87,379 64,340 46,390 14,465 6.3% 13.5% 6.1% 5.5% 14.9% 16.8% 14.4% 9.3% 6.8% 4.9% 1.5% 2008 Estimate 56,770 120,987 63,766 59,143 115,804 143,288 155,726 123,150 68,140 46,576 19,726 5.8% 12.4% 6.6% 6.1% 11.9% 14.7% 16.0% 12.7% 7.0% 4.8% 2.0% 2013 Projection 57,561 114,347 63,258 65,025 113,262 125,261 153,577 140,306 86,119 46,955 19,014 5.8% 11.6% 6.4% 6.6% 11.5% 12.7% 15.6% 14.2% 8.7% 4.8% 1.9% 1990 to 2000 -2.3% 9.0% -2.4% -18.3% -11.7% 12.6% 33.9% 7.7% 1.0% 46.8% 55.0% 2008 to 2013 1.4% -5.5% -0.8% 9.9% -2.2% -12.6% -1.4% 13.9% 26.4% 0.8% -3.6% Households by Income Percent Change 1990 Census $0 - $15,000 $15,000 - $24,999 $25,000 - $34,999 $35,000 - $49,999 $50,000 - $74,999 $75,000 - $99,999 $100,000 $149,999 $150,000 + Average Hhld Income Median Hhld Income Per Capita Income 45,549 41,765 46,816 68,110 76,015 31,663 16,198 7,878 $50,322 $41,772 $18,985 13.6% 12.5% 14.0% 20.4% 22.8% 9.5% 4.9% 2.4% 2000 Census 34,759 34,665 38,435 55,649 82,139 55,424 49,959 27,109 $72,139 $57,399 $28,912 9.2% 9.2% 10.2% 14.7% 21.7% 14.7% 13.2% 7.2% 2008 Estimate 24,901 27,876 31,250 47,404 71,240 58,885 73,475 53,956 $77,818 $72,019 $31,498 6.4% 7.2% 8.0% 12.2% 18.3% 15.1% 18.9% 13.9% 2013 Projection 22,115 22,798 27,674 42,641 67,957 56,255 80,136 72,782 $81,524 $80,815 $32,868 5.6% 5.8% 7.1% 10.9% 17.3% 14.3% 20.4% 18.6% 1990 to 2000 -23.7% -17.0% -17.9% -18.3% 118.4% 75.0% 208.4% 244.1% 43.4% 37.4% 52.3% 2008 to 2013 -11.2% -18.2% -11.4% -10.0% -4.6% -4.5% 9.1% 34.9% 4.8% 12.2% 4.3% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 37 of 88 Employment and Business Percent Change 1990 Census Age 16 + Population In Labor Force Employed Unemployed In Armed Forces Not In Labor Force Number of Employees (Daytime Pop) Number of Establishments Emp in Blue Collar Occupations Emp in White Collar Occupations 155,947 32.4% 698,301 481,332 455,479 25,199 653 216,970 68.9% 94.6% 5.2% 0.1% 31.1% 2000 Census 744,796 500,567 482,093 18,246 228 244,228 67.2% 96.3% 3.7% 0.1% 32.8% 2008 Estimate 782,793 521,726 478,734 42,696 296 261,067 608,658 66.7% 61.2% 5.5% 0.0% 33.4% 2013 Projection 800,431 533,198 489,158 43,742 298 267,233 66.6% 61.1% 5.5% 0.0% 33.4% 1990 to 2000 6.7% 4.0% 5.8% -27.6% -65.1% 12.6% 2008 to 2013 2.3% 2.2% 2.2% 2.5% 0.6% 2.4% 42,700 326,146 67.7% Housing Units Percent Change 1990 Census Total Housing Units Owner Occupied Renter Occupied Vacant 347,131 251,825 82,203 13,119 72.5% 23.7% 3.8% 2000 Census 391,156 290,225 87,914 13,016 74.2% 22.5% 3.3% 2008 Estimate 428,119 307,848 81,140 39,131 71.9% 19.0% 9.1% 2013 Projection 451,911 317,078 75,281 59,552 70.2% 16.7% 13.2% 1990 to 2000 12.7% 15.2% 6.9% -0.8% 2008 to 2013 5.6% 3.0% -7.2% 52.2% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 38 of 88 Vehicles Available Percent Change 1990 Census Average Vehicles Per Hhld 0 Vehicles Available 1 Vehicle Available 2+ Vehicles Available $1.90% 17,986 102,277 234,180 5.1% 28.9% 66.1% 2000 Census $1.70% 21,793 127,197 229,150 5.8% 33.6% 60.6% 2008 Estimate $1.90% 18,701 130,152 240,135 4.8% 33.5% 61.7% 2013 Projection $2.00% 16,580 130,400 245,378 4.2% 33.2% 62.5% 1990 to 2000 -7.5% 21.2% 24.4% -2.1% 2008 to 2013 4.2% -11.3% 0.2% 2.2% Marital Status Percent Change 1990 Census Age 15+ Population Married, Spouse Present Married, Spouse Absent Divorced Widowed Never Married 709,943 409,412 57.7% 2000 Census 757,323 416,563 55.0% 2008 Estimate 794,651 443,618 55.8% 2013 Projection 811,448 455,861 56.2% 1990 to 2000 6.7% 1.7% 2008 to 2013 2.1% 2.8% 6,913 58,794 49,736 185,092 1.0% 8.3% 7.0% 26.1% 18,465 72,553 51,128 198,614 2.4% 9.6% 6.8% 26.2% 18,915 74,015 51,992 206,112 2.4% 9.3% 6.5% 25.9% 19,073 74,662 52,252 209,600 2.4% 9.2% 6.4% 25.8% 167.1% 23.4% 2.8% 7.3% 0.8% 0.9% 0.5% 1.7% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 39 of 88 Educational Attainment Percent Change 1990 Census Age 25+ Population Grade K - 8 Grade 9 - 12 High School Graduate Some College, No Degree Associates Degree Bachelor's Degree Graduate Degree No Schooling Completed 587,602 35,337 75,316 168,542 6.0% 12.8% 28.7% 2000 Census 647,950 22,145 63,266 171,782 3.4% 9.8% 26.5% 2008 Estimate 672,409 20,110 42,572 179,720 3.0% 6.3% 26.7% 2013 Projection 684,493 16,257 32,453 182,453 2.4% 4.7% 26.7% 1990 to 2000 10.3% -37.3% -16.0% 1.9% 2008 to 2013 1.8% -19.2% -23.8% 1.5% 127,060 41,717 89,392 50,221 21.6% 7.1% 15.2% 8.6% 145,640 45,878 121,558 72,736 4,946 22.5% 7.1% 18.8% 11.2% 0.8% 144,264 51,970 139,767 94,006 21.5% 7.7% 20.8% 14.0% 141,852 55,144 149,914 106,419 20.7% 8.1% 21.9% 15.6% 14.6% 10.0% 36.0% 44.8% -1.7% 6.1% 7.3% 13.2% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 40 of 88 THEMED DEMOGRAPHIC GROWTH MAP - 10.00 Miles: 2260 18 MILE RD This map provides the population growth patterns within the market and trade area for current and future years. Theme 5 Year Projected Population Growth by ZIP Codes Above 12 6.1 to 12 0.45 to 6.1 -4.85 to 0.45 Below 4.85 Summary Source: Applied Geographic Solutions © 2008. Brought to you by SRC, LLC. © 2008 All Rights Reserved Date: 06/04/09 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 41 of 88 V. BUSINESS PERSPECTIVES CONSUMER COMPARISON EXPENDITURES In a trade area, the total households, median household income, and total average household expenditure allow sharp insight into the viability for success of a specific type of business. 10 Miles: 2260 18 MILE RD Michigan Entire US 2008 Consumer Expenditures (Average Household Annual Expenditures): Total Households Median Household Income 388,988 $72,019 3,895,823 $55,228 113,634,428 $52,599 Total Average Household Expenditure $58,621 $50,495 $53,788 Airline Fares Alcoholic Beverages Alimony And Child Support Apparel Apparel Services And Accessories Audio Equipment Babysitting And Elderly Care Books Books And Supplies Boys Apparel Cellular Phone Service Cigarettes Computer Hardware Computer Information Services Computer Software $463.94 $715.13 $326.85 $2,822.45 $474.73 $96.84 $517.56 $70.78 $216.84 $134.79 $437.86 $305.13 $416.63 $198.50 $32.39 $379.68 $600.10 $268.13 $2,422.26 $387.92 $84.71 $424.72 $60.71 $173.24 $116.73 $391.83 $288.53 $351.06 $166.84 $27.30 $405.61 $641.35 $285.81 $2,589.03 $415.52 $90.20 $457.24 $64.60 $186.04 $125.65 $418.88 $308.11 $372.54 $178.77 $28.98 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 42 of 88 10 Miles: 2260 18 MILE RD Contributions Coolant And Other Fluids Cosmetics and Perfume Deodorants and Other Personal Care Products Education Electricity Entertainment Fees And Admissions Finance Charges Excluding Mortgage And Vehicle Floor Coverings Food And Beverages Food At Home Food Away From Home Footwear Fuel Oil And Other Fuels Funeral And Cemetery Furniture Gasoline And Oil Gifts Girls Apparel Hair Care Hard Surface Flooring Health Care Health Care Insurance Health Care Services Health Care Supplies And Equipment Household Services Household Supplies Household Textiles Housewares And Small Appliances Indoor Plants And Fresh Flowers Infants Apparel Jewelry Legal And Accounting Magazines Major Appliances Mass Transit Men's Apparel Mortgage Interest $2,396.26 $8.78 $119.14 $32.96 $1,549.13 $1,406.94 $3,308.63 $926.87 $614.12 $98.89 $8,746.26 $4,392.23 $3,638.90 $422.57 $146.68 $106.33 $733.84 $2,499.09 $1,667.57 $186.66 $65.27 $31.27 $3,413.38 $1,646.57 $823.47 $943.34 $403.88 $989.88 $184.03 $1,335.83 $84.39 $125.36 $190.34 $115.48 $39.64 $301.42 $124.24 $534.98 $4,795.28 Michigan $1,920.39 $7.72 $103.26 $28.60 $1,237.93 $1,269.60 $2,828.92 $747.42 $540.27 $78.28 $7,694.62 $3,967.85 $3,126.67 $380.69 $130.30 $93.04 $610.60 $2,232.58 $1,361.11 $160.73 $56.65 $26.29 $3,053.56 $1,474.25 $736.35 $842.96 $331.20 $811.85 $157.87 $1,124.90 $70.88 $108.32 $155.45 $101.42 $34.01 $257.27 $101.76 $458.57 $3,986.04 Entire US $2,056.17 $8.21 $109.93 $30.49 $1,332.16 $1,357.40 $3,009.78 $797.57 $575.78 $83.05 $8,205.75 $4,239.61 $3,324.78 $406.54 $138.32 $98.33 $647.27 $2,370.04 $1,452.03 $172.32 $60.39 $27.97 $3,249.19 $1,569.22 $785.78 $894.19 $351.75 $863.19 $167.04 $1,195.33 $75.95 $115.92 $166.22 $107.69 $36.19 $273.35 $108.62 $489.40 $4,240.48 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 43 of 88 10 Miles: 2260 18 MILE RD Natural Gas New Car Purchased New Truck Purchased New Vehicle Purchase Newspapers Oral Hygeine Products Other Lodging Other Miscellaneous Expenses Other Repairs And Maintenance Other Tobacco Products Other Transportation Costs Other Utilities Paint And Wallpaper Personal Care Products Personal Care Services Personal Insurance Pet Supplies And Services Photographic Equipment And Supplies Plumbing And Heating Property Taxes Public Transportation Records / Tapes / CD Purchases Recreational Equipment And Supplies Rental Costs Roofing And Siding Satellite Dishes Shaving Needs Shelter Telephone Service Excl Cell Phones Televisions Transportation Tuition Used Car Purchase Used Truck Purchase Used Vehicle Purchase VCRs And Related Equipment Vehicle Insurance Vehicle Repair Vehicle Repair And Maintenance $555.39 $1,415.62 $1,679.53 $3,095.15 $82.92 $30.25 $753.55 $118.35 $177.50 $33.94 $690.35 $457.05 $78.16 $196.41 $562.89 $642.33 $312.30 $139.62 $71.00 $2,082.16 $720.52 $154.32 $1,270.31 $2,225.58 $96.69 $12.19 $14.06 $11,431.80 $864.52 $141.32 $11,527.29 $1,332.30 $930.19 $811.75 $1,741.94 $58.20 $1,281.52 $878.25 $887.04 Michigan $491.60 $1,194.90 $1,416.43 $2,611.33 $71.11 $26.23 $591.33 $104.11 $149.59 $32.10 $579.52 $405.39 $66.12 $170.28 $488.08 $525.07 $272.80 $122.22 $59.70 $1,724.35 $589.75 $135.21 $1,108.19 $2,143.91 $81.51 $10.65 $12.19 $9,776.96 $772.92 $123.61 $10,068.63 $1,064.69 $853.88 $744.79 $1,598.67 $50.96 $1,135.40 $772.08 $779.80 Entire US $524.94 $1,261.35 $1,494.87 $2,756.22 $75.65 $27.97 $638.16 $110.90 $159.16 $34.31 $617.24 $432.03 $70.37 $181.38 $520.28 $561.22 $289.93 $129.93 $63.18 $1,831.00 $629.95 $144.28 $1,174.37 $2,289.10 $86.38 $11.32 $12.99 $10,416.68 $824.95 $131.50 $10,680.02 $1,146.12 $907.26 $790.61 $1,697.87 $54.34 $1,205.81 $821.32 $829.53 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 44 of 88 10 Miles: 2260 18 MILE RD Video And Audio Equipment Video Game Hardware And Software Watches Women's Apparel $1,111.45 $36.08 $35.07 $943.36 Michigan $973.31 $31.62 $28.68 $809.30 Entire US $1,037.85 $33.73 $30.75 $863.67 10 Miles: 2260 18 MILE RD Michigan Entire US 2013 Consumer Expenditures (Avg HH Exp): Total Households Median Household Income 392,359 $80,815 3,962,588 $61,260 118,653,088 $58,280 Total Average Household Expenditure $60,336 $52,239 $58,332 Airline Fares Alcoholic Beverages Alimony And Child Support Apparel Apparel Services And Accessories Audio Equipment Babysitting And Elderly Care Books Books And Supplies Boys Apparel Cellular Phone Service Cigarettes Computer Hardware Computer Information Services Computer Software Contributions Coolant And Other Fluids Cosmetics and Perfume Deodorants and Other Personal Care Products Education Electricity Entertainment Fees And Admissions Finance Charges Excluding Mortgage And Vehicle Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. $493.10 $749.07 $345.63 $2,916.40 $505.14 $98.78 $547.05 $72.90 $233.11 $139.24 $441.23 $298.92 $431.46 $205.88 $33.54 $2,582.95 $8.91 $122.16 $33.81 $1,665.05 $1,413.95 $3,413.74 $988.51 $624.48 $404.53 $630.50 $284.70 $2,512.26 $413.75 $86.86 $450.31 $62.90 $186.80 $120.61 $397.59 $285.22 $366.55 $174.56 $28.50 $2,069.67 $7.89 $106.49 $29.50 $1,334.53 $1,283.55 $2,934.08 $800.54 $553.21 $452.14 $705.17 $317.57 $2,814.84 $463.86 $97.03 $508.39 $70.13 $209.82 $136.38 $445.76 $319.58 $407.93 $196.18 $31.73 $2,316.32 $8.81 $118.85 $32.96 $1,501.53 $1,439.13 $3,272.95 $894.54 $617.91 Page 45 of 88 10 Miles: 2260 18 MILE RD Floor Coverings Food And Beverages Food At Home Food Away From Home Footwear Fuel Oil And Other Fuels Funeral And Cemetery Furniture Gasoline And Oil Gifts Girls Apparel Hair Care Hard Surface Flooring Health Care Health Care Insurance Health Care Services Health Care Supplies And Equipment Household Services Household Supplies Household Textiles Housewares And Small Appliances Indoor Plants And Fresh Flowers Infants Apparel Jewelry Legal And Accounting Magazines Major Appliances Mass Transit Men's Apparel Mortgage Interest Natural Gas New Car Purchased New Truck Purchased New Vehicle Purchase Newspapers Oral Hygeine Products Other Lodging Other Miscellaneous Expenses Other Repairs And Maintenance Other Tobacco Products $105.98 $8,904.42 $4,411.15 $3,744.20 $425.24 $148.17 $108.65 $765.93 $2,510.57 $1,770.26 $192.10 $66.94 $32.50 $3,445.57 $1,661.16 $832.06 $952.36 $426.51 $1,045.80 $188.58 $1,383.65 $87.37 $128.58 $202.63 $117.63 $40.83 $311.79 $131.94 $551.64 $4,998.02 $564.52 $1,455.29 $1,726.14 $3,181.44 $85.47 $31.01 $814.92 $120.39 $184.38 $33.23 Michigan $84.63 $7,877.07 $4,009.02 $3,237.55 $385.57 $132.58 $95.66 $641.96 $2,263.44 $1,450.31 $165.80 $58.41 $27.53 $3,101.32 $1,496.78 $747.95 $856.59 $351.32 $861.15 $163.17 $1,174.98 $74.13 $111.57 $165.88 $103.99 $35.23 $267.19 $108.33 $475.62 $4,189.03 $501.84 $1,243.38 $1,473.95 $2,717.33 $73.71 $27.05 $643.53 $106.63 $156.42 $31.72 Entire US $93.90 $8,809.28 $4,494.78 $3,609.33 $432.11 $147.65 $105.91 $713.55 $2,522.74 $1,618.14 $186.86 $65.29 $30.67 $3,458.29 $1,669.47 $836.83 $951.99 $390.77 $959.12 $181.01 $1,309.45 $83.33 $125.35 $185.69 $115.71 $39.29 $297.59 $120.99 $532.10 $4,675.24 $561.74 $1,377.30 $1,632.48 $3,009.78 $82.16 $30.24 $725.59 $119.03 $174.39 $35.57 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 46 of 88 10 Miles: 2260 18 MILE RD Other Transportation Costs Other Utilities Paint And Wallpaper Personal Care Products Personal Care Services Personal Insurance Pet Supplies And Services Photographic Equipment And Supplies Plumbing And Heating Property Taxes Public Transportation Records / Tapes / CD Purchases Recreational Equipment And Supplies Rental Costs Roofing And Siding Satellite Dishes Shaving Needs Shelter Telephone Service Excl Cell Phones Televisions Transportation Tuition Used Car Purchase Used Truck Purchase Used Vehicle Purchase VCRs And Related Equipment Vehicle Insurance Vehicle Repair Vehicle Repair And Maintenance Video And Audio Equipment Video Game Hardware And Software Watches Women's Apparel $720.49 $463.00 $81.05 $201.40 $576.87 $682.09 $317.68 $141.71 $73.82 $2,190.56 $765.85 $157.38 $1,291.78 $2,184.12 $100.39 $12.45 $14.42 $11,822.04 $871.50 $144.14 $11,717.37 $1,431.94 $925.44 $807.12 $1,732.55 $59.34 $1,293.74 $891.06 $899.96 $1,133.45 $36.82 $37.31 $974.46 Michigan $607.91 $413.03 $69.01 $175.61 $503.20 $559.03 $279.44 $125.05 $62.47 $1,822.50 $628.34 $138.64 $1,135.50 $2,110.51 $85.18 $10.93 $12.57 $10,156.04 $784.51 $126.78 $10,326.50 $1,147.73 $857.51 $747.78 $1,605.29 $52.25 $1,156.16 $789.43 $797.32 $998.04 $32.44 $30.58 $839.34 Entire US $678.54 $461.65 $76.96 $196.10 $562.33 $625.55 $311.59 $139.41 $69.31 $2,029.20 $702.17 $155.13 $1,262.41 $2,359.18 $94.59 $12.18 $14.05 $11,341.10 $878.22 $141.45 $11,494.32 $1,291.72 $956.79 $833.67 $1,790.46 $58.43 $1,288.22 $881.16 $889.97 $1,116.00 $36.28 $34.32 $938.18 Consumer Expenditure Categories contain overlapping information and will therefore NOT add up to Total Household Expenditure Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 47 of 88 CONSUMER EXPENDITURE GAP ANALYSIS The information below provides a visual gauge that compares consumer expenditures in the trade area to those of the state average by illustrating the percentage difference graphically. For each expenditure type presented, a green bar indicates higher than average consumer expenditures in the trade area while a red bar indicates lower than average consumer expenditures in the trade area. 10 Miles: 2260 18 MILE RD Consumer Expenditure 2008: Average Expenditure per Household Apparel Summary Boys Footwear Girls Infants Men Women Services and Accessories Jewelry Watches Contributions Education Books and Supplies Tuition Entertainment Fees and Admissions Recreational Equipment and Supplies Pet Supplies and Services Photographic Equipment and Supplies Video and Audio Equipment Audio Equipment Records, Tapes and CD Purchases Satellite Dishes Televisions VCRs and Related Equipment Video Game Hardware and Software Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Gap % (+/-) Amount Spent $2,822 $135 $423 $187 $125 $535 $943 $475 $190 $35 $2,396 $2,396 $217 $1,332 $3,309 $927 $1,270 $312 $140 $1,111 $97 $154 $12 $141 $58 $36 9% 7% 4% 8% 8% 9% 9% 14% 15% 14% 17% 17% 17% 16% 10% 16% 8% 8% 7% 7% 7% 7% 8% 7% 7% 7% Page 48 of 88 10 Miles: 2260 18 MILE RD Food and Beverages Alcoholic Beverages Food At Home Food Away From Home Gifts Health Care Health Care Insurance Health Care Services Health Care Supplies and Equipment Household Furnishings and Equipment Floor Coverings Furniture Household Textiles Housewares and Small Appliances Computer Hardware Computer Information Services Computer Software Indoor Plants and Fresh Flowers Major Appliances Household Operations Alimony and Child Support Babysitting and Elderly Care Household Services Household Supplies Miscellaneous Expenses Finance Charges Excluding Mortgage and Vehicle Funeral and Cemetery Legal and Accounting Other Miscellaneous Expenses Personal Care Hair Care Personal Care Products Cosmetics and Perfume Deodorants and Other Personal Care Products Oral Hygiene Products Shaving Needs Personal Care Services Personal Insurance $8,746 $715 $4,392 $3,639 $1,668 $3,413 $1,647 $823 $943 $2,654 $99 $734 $184 $1,336 $417 $199 $32 $84 $301 $2,238 $327 $518 $404 $990 $954 $614 $106 $115 $118 $841 $65 $196 $119 $33 $30 $14 $563 $642 Gap % (+/-) 7% 12% 4% 9% 15% 5% 5% 5% 6% 12% 19% 13% 10% 12% 12% 11% 12% 11% 10% 14% 14% 13% 15% 15% 7% 7% 8% 7% 7% 8% 8% 8% 8% 8% 8% 8% 8% 14% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 49 of 88 10 Miles: 2260 18 MILE RD Reading Books Magazines Newspapers Shelter Mortgage Interest Other Lodging Property Taxes Rental Costs Tobacco Cigarettes Other Tobacco Transportation Gasoline and Oil Motorcycles (New and Used) New Vehicle Purchase New Car Purchased New Truck Purchased Other Transportation Costs Public Transportation Airline Fares Mass Transit Used Vehicle Purchase Used Car Purchased Used Truck Purchased Vehicle Insurance Vehicle Repair and Maintenance Coolant and Other Fluids Vehicle Repair Utilities Electricity Fuel Oil And Other Fuels Natural Gas Other Utilities Telephone Service Cellular Phone Service Excl Cell Phones $193 $71 $40 $83 $11,432 $4,795 $754 $2,082 $2,226 $339 $305 $34 $11,527 $2,499 $76 $3,095 $1,416 $1,680 $690 $721 $464 $124 $1,742 $930 $812 $1,282 $887 $9 $878 $3,896 $1,407 $147 $555 $457 $1,330 $438 $865 Gap % (+/-) 10% 10% 10% 10% 10% 13% 18% 14% -3% -1% -1% -1% 8% 5% 9% 12% 12% 12% 12% 14% 14% 14% 3% 3% 3% 6% 7% 7% 7% 5% 4% 6% 6% 6% 5% 5% 5% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 50 of 88 10 Miles: 2260 18 MILE RD Total Non-Retail Expenditure Total Retail Expenditure Total Household Expenditure $33,855 $24,766 $58,621 Gap % (+/-) 9% 9% 8% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 51 of 88 BUSINESS COMPARISON This report describes and compares the financial aspects and economic indicators for the population within the trade area, state, and the United States. 10 Miles: 2260 18 MILE RD Michigan Entire US 2008 Business Summary Totals Total Employees Total Establishments 608,658 42,700 4,998,072 388,443 145,474,789 11,875,669 Employees By Occupation Administrative Support Workers Construction Repair and Mining Executive Mangers and Administrators Farming Forestry and Fishing Handlers Helpers and Laborers Machine Operators Assemblers and Inspectors Other Services Field Based Other Services Site Based Precision Craft and Repair Private Household Service Professional Specialty Occupations Protective Services Sales Professionals Sales Workers and Clerks Technical Sales and Administrative Technologies and Technicians Transportation and Materials Moving Workers 110,454 15,606 69,029 12,400 16,622 20,899 3,129 82,423 58,758 81 93,343 8,366 14,923 55,707 599 24,299 17,478 908,689 129,194 543,862 106,141 133,298 143,406 29,835 720,481 450,653 287 830,247 74,231 111,507 433,654 11,828 191,305 146,942 27,011,326 4,135,755 16,988,854 3,511,525 4,065,562 3,491,728 833,648 19,167,165 12,602,718 6,226 23,227,756 2,170,454 3,712,588 13,280,146 351,707 5,338,800 4,294,962 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 52 of 88 10 Miles: 2260 18 MILE RD Business Summary Establishments: Size 1-4 Employees 5-9 Employees 10-19 Employees 20-49 Employees 50-99 Employees 100-249 Employees 250-499 Employees 500-999 Employees 1,000+ Employees 24,580 7,789 4,886 3,249 1,291 692 130 45 38 Michigan Entire US 232,398 70,470 40,792 27,816 9,926 5,152 1,205 403 281 7,249,463 2,117,388 1,210,650 790,881 291,795 158,595 36,035 12,917 7,945 Business Summary Major Industry: Employees Agricultural, Forestry, Fishing (SIC 01-09) Construction (SIC 15-17) Finance, Insurance And Real Estate (SIC 60-69) Manufacturing (SIC 20-39) Mining (SIC 10-14) Public Administration (SIC 90-98) Retail Trade (SIC 52-59) Services (SIC 70-89) Transportation and Communications (SIC 40-49) Unclassified (SIC 99) Wholesale Trade (SIC 50-51) 5,136 22,657 41,060 125,115 241 16,639 127,954 224,254 11,146 4,509 29,946 52,936 191,203 284,158 683,513 4,259 261,249 1,011,727 2,081,661 162,925 32,481 231,960 1,528,113 6,591,042 10,229,630 13,927,812 439,346 9,072,922 29,888,130 59,109,700 6,248,415 1,278,839 7,160,838 Business Summary Major Industry: Establishments Agricultural, Forestry, Fishing (SIC 01-09) Construction (SIC 15-17) Finance, Insurance And Real Estate (SIC 60-69) Manufacturing (SIC 20-39) Mining (SIC 10-14) Public Administration (SIC 90-98) Retail Trade (SIC 52-59) Services (SIC 70-89) Transportation and Communications (SIC 40-49) Unclassified (SIC 99) Wholesale Trade (SIC 50-51) 640 2,985 4,400 2,706 15 610 8,211 18,274 1,038 1,341 2,478 8,771 30,060 34,755 17,374 424 13,559 77,004 166,685 12,905 8,485 18,421 220,377 815,385 1,163,496 420,515 26,078 381,809 2,448,790 5,081,468 433,719 318,069 565,962 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 53 of 88 10 Miles: 2260 18 MILE RD Business Summary Major Industry: Retail Trade Employees Auto Dealers and Gas Stations Bars Building Materials Hardware and Garden Catalog and Direct Sales Clothing Stores Convenience Stores Drug Stores Electronics and Computer Stores Food Markets Furniture Stores General Merchandise Stores Home Furnishings Liquor Stores Music Stores Other Food Service Other Food Stores Restaurants Specialty Stores 14,420 1,136 8,542 1,037 5,772 485 3,965 3,913 9,508 3,557 12,625 2,076 546 400 7,439 3,661 35,562 13,308 Michigan Entire US 115,858 14,467 68,925 17,119 33,686 8,516 31,240 27,102 100,979 15,546 92,287 15,044 5,519 2,703 55,263 26,264 282,115 99,094 3,414,217 341,629 1,993,875 295,313 1,286,239 324,809 754,718 939,497 2,559,600 549,429 3,188,981 500,318 156,268 105,048 1,654,973 820,762 8,108,043 2,894,411 Business Summary Major Industry: Retail Trade Establishments Auto Dealers and Gas Stations Bars Building Materials Hardware and Garden Catalog and Direct Sales Clothing Stores Convenience Stores Drug Stores Electronics and Computer Stores Food Markets Furniture Stores General Merchandise Stores Home Furnishings Liquor Stores Music Stores Other Food Service Other Food Stores Restaurants Specialty Stores 788 115 518 81 691 89 206 350 176 212 236 253 142 73 538 375 1,553 1,817 9,659 1,947 5,716 716 4,767 1,376 1,856 2,401 2,358 1,740 2,405 2,300 1,337 517 4,390 3,164 13,571 16,784 309,329 50,544 152,088 23,938 175,528 51,971 50,328 80,379 80,340 72,351 74,414 78,062 35,746 21,193 133,566 105,477 439,501 514,035 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 54 of 88 10 Miles: 2260 18 MILE RD Business Summary Major Industry: Services Employees Advertising Auto Repair/Services Beauty and Barber Shops Child Care Services Colleges and Universities Computer Services Dry Cleaning and Laundry Entertainment and Recreation Services Health and Medical Services Hospitals Hotels and Lodging Legal Services Membership Organizations Miscellaneous Repair Services Motion Pictures Museums and Zoos Other Business Services Other Personal Service Primary and Secondary Education Professional Services Social Services 4,808 8,769 5,895 2,472 2,017 5,018 1,996 8,642 26,662 42,777 3,870 8,552 6,809 2,253 1,910 121 18,950 3,731 28,653 23,561 13,414 Michigan Entire US 16,995 69,266 43,027 32,106 98,164 26,905 14,917 96,926 215,730 432,581 61,153 48,401 102,281 20,911 14,116 5,377 104,700 34,837 302,639 153,103 162,943 625,464 1,795,325 1,232,122 1,054,014 1,981,159 1,160,177 499,419 2,620,047 6,808,660 10,763,266 2,325,664 1,926,444 2,772,064 584,035 506,866 157,092 3,914,882 912,686 8,149,773 4,640,873 3,874,734 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 55 of 88 10 Miles: 2260 18 MILE RD Business Summary Major Industry: Services Establishments Advertising Auto Repair/Services Beauty and Barber Shops Child Care Services Colleges and Universities Computer Services Dry Cleaning and Laundry Entertainment and Recreation Services Health and Medical Services Hospitals Hotels and Lodging Legal Services Membership Organizations Miscellaneous Repair Services Motion Pictures Museums and Zoos Other Business Services Other Personal Service Primary and Secondary Education Professional Services Social Services 238 1,091 1,026 208 51 413 358 632 4,450 563 129 1,487 997 398 228 18 1,732 697 539 2,129 662 Michigan Entire US 1,445 11,868 10,371 3,364 522 3,060 2,729 7,021 31,343 5,162 3,572 9,876 17,211 4,406 1,828 436 13,225 6,873 6,696 14,311 9,026 50,224 358,373 336,705 91,416 15,987 98,195 92,473 203,248 934,768 153,878 97,282 342,809 492,482 157,776 60,143 13,083 427,417 203,505 153,406 475,254 251,612 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 56 of 88 BUSINESS SUMMARY In the analysis of real property, the business landscape that surrounds the location is significant to its potential viability. Here, the analysis is centered upon an overall summary, establishments by employee size, employees by occupation, major industries and services. 2008 Business Summary Total Employees Total Establishments Average Employee Size 608,658 42,700 14 2008 Employees By Occupation "White Collar" Employees Administrative Support Workers Executive Managers & Administrators Professional Specialty Occupations Sales Professionals Sales Workers & Clerks Technical Sales & Administrative Count % 368,355 60.5% 110,454 18.1% 69,029 11.3% 93,343 15.3% 14,923 55,707 599 24,299 2.5% 9.2% 0.1% 4.0% 2008 Establishments by Employee Size 1-4 Employees 5-9 Employees 10-19 Employees 20-49 Employees 50-99 Employees 100-249 Employees 250-499 Employees 500-999 Employees 1,000+ Employees Count % Technologies & Technicians "Blue Collar" Employees Construction, Repair & Mining Farming, Forestry & Fishing Handlers, Helpers & Laborers Machine Operators, Assemblers & Inspectors Other Services Field Based Other Services Site Based Precision Craft & Repair Private Household Service Protective Services Transportation & Materials Moving Workers 24,580 57.6% 7,789 18.2% 4,886 11.4% 3,249 1,291 692 130 45 38 7.6% 3.0% 1.6% 0.3% 0.1% 0.1% 235,763 38.7% 15,606 12,400 16,622 20,899 3,129 58,758 81 8,366 17,478 2.6% 2.0% 2.7% 3.4% 0.5% 9.7% 0.0% 1.4% 2.9% 82,423 13.5% 2008 Major Industry Agricultural, Foresdry, Fishing (SIC 01-09) Consdruction (SIC 15-17) Finance, Insurance & Real Estate (SIC 60-69) Manufacturing (SIC 20-39) Mining (SIC 10-14) Public Adminisdration (SIC 90-98) Employees 5,136 22,657 41,060 125,115 241 16,639 % 0.8% 3.7% 6.7% 20.6% 0.0% 2.7% Establishments 640 2,985 4,400 2,706 15 610 % 1.5% 7.0% 10.3% 6.3% 0.0% 1.4% Avg Size 5 8 8 30 1 10 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 57 of 88 2008 Major Industry Retail Trade (SIC 52-59) Services (SIC 70-89) Transportation & Communications (SIC 40-49) Unclassified (SIC 99) Wholesale Trade (SIC 50-51) Employees 127,954 224,254 11,146 4,509 29,946 % 21.0% 36.8% 1.8% 0.7% 4.9% Establishments 8,211 18,274 11,146 1,341 29,946 % 19.2% 42.8% 26.1% 3.1% 70.1% Avg Size 15 12 8 3 9 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 58 of 88 2008 Retail Trade (SIC 52-59) Auto Dealers & Gas Stations Bars Building Materials Hardware & Garden Catalog & Direct Sales Clothing Stores Convenience Stores Drug Stores Electronics & Computer Stores Food Markets Furniture Stores General Merchandise Stores Home Furnishings Liquor Stores Music Stores Other Food Service Other Food Stores Restaurants Specialty Stores Total Retail Trade (SIC 52-59) Employees 14,420 1,136 8,542 1,037 5,772 485 3,965 3,913 9,508 3,557 12,625 2,076 546 400 7,439 3,661 35,562 13,308 127,954 % Emp 11.3% 0.9% 6.7% 0.8% 4.5% 0.4% 3.1% 3.1% 7.4% 2.8% 9.9% 1.6% 0.4% 0.3% 5.8% 2.9% 27.8% 10.4% 100.00% Establishments 788 115 518 81 691 89 206 350 176 212 236 253 142 73 538 375 1,553 1,817 8,211 % Estab 9.6% 1.4% 6.3% 1.0% 8.4% 1.1% 2.5% 4.3% 2.1% 2.6% 2.9% 3.1% 1.7% 0.9% 6.5% 4.6% 18.9% 22.1% 100.00% Avg Size 18 10 17 13 8 5 19 11 54 17 54 8 4 5 14 10 23 7 16 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 59 of 88 2008 Services (SIC 70-89) Employees 4,808 8,769 5,895 2,472 2,017 5,018 1,996 8,642 26,662 42,777 3,870 8,552 6,809 2,253 1,910 121 18,950 3,374 3,731 28,653 23,561 13,414 224,254 % Emp 2.1% 3.9% 2.6% 1.1% 0.9% 2.2% 0.9% 3.9% 11.9% 19.1% 1.7% 3.8% 3.0% 1.0% 0.9% 0.1% 8.5% 1.5% 1.7% 12.8% 10.5% 6.0% 100.00% Establishments 238 1,091 1,026 208 51 413 358 632 4,450 563 129 1,487 997 398 228 18 1,732 228 697 539 2,129 662 18,274 % Estab 1.3% 6.0% 5.6% 1.1% 0.3% 2.3% 2.0% 3.5% 24.4% 3.1% 0.7% 8.1% 5.5% 2.2% 1.3% 0.1% 9.5% 1.2% 3.8% 3.0% 11.6% 3.6% 100.00% Avg Size 20 8 6 12 40 12 6 14 6 76 30 6 7 6 8 7 11 11 5 53 11 20 12 Advertising Auto Repair/Services Beauty & Barber Shops Child Care Services Colleges & Universities Computer Services Dry Cleaning & Laundry Entertainment & Recreation Services Health & Medical Services Hospitals Hotels & Lodging Legal Services Membership Organizations Miscellaneous Repair Services Motion Pictures Museums & Zoos Other Business Services Other Other Education & Library Services Other Personal Service Primary & Secondary Education Professional Services Social Services Total Services (SIC 70-89) (C) 2008 Applied Geographic Solutions, Inc. All Rights Reserved, SRC, LLC. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 60 of 88 EMPLOYMENT SUMMARY In the analysis of a business opportunity for a selected piece of real estate, a summary of the employment in the trade area is a crucial factor. Such scope of review, in this breakdown, includes: 2000 occupation & employment, means of transportation to work, travel time to work, employment by industry, and occupational endeavors. 2000 Occupation & Employment Not in Labor Force In Labor Force Employed Unemployed In Armed Forces 244,228 500,567 482,093 18,246 228 32.8% 67.2% 96.3% 3.6% 0.0% Means of Transportation to Work Workers Age 16+ Bicycle Bus or trolley bus Carpooled Drove alone Ferryboat Motorcycle Other means Railroad Streetcar or trolley car Subway or elevated Taxicab Walked Worked at home 482,321 0.1% 0.4% 6.5% 89.2% 0.0% 0.0% 0.3% 0.0% 0.0% 0.0% 0.1% 1.1% 2.2% Travel Time to Work Median Travel Time To Work in Minutes 0 to 5 5 to 9 10 to 14 15 to 19 20 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 59 60 to 89 90 or more Worked at home 23 2.0% 8.4% 13.2% 15.5% 16.4% 7.3% 15.0% 3.3% 4.2% 7.6% 3.5% 1.3% 2.2% Employment by Industry Accommodation and food services Administrative and support and waste management service Agriculture forestry fishing and hunting Arts entertainment and recreation 5.3% 2.9% Occupation Aircraft and traffic control occupations Architects surveyors cartographers and engineers Arts design entertainment sports and media occupation Building & grounds cleaning & maintenance occupat 0.0% 4.6% 0.1% 1.4% 2.7% 2.0% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 61 of 88 Construction Educational services Finance and insurance Health care and social assistance Information Management of companies and enterprises Manufacturing Mining Other services (except public administration) Professional scientific and technical services Public administration Real estate and rental and leasing 5.3% 6.8% 4.5% 10.4% 2.5% 0.0% 24.1% 0.0% 4.1% 9.5% 2.6% 1.9% Business operations specialists Community and social services occupations Computer and mathematical occupations Construction trades workers Drafters engineering and mapping technicians Education training and library occupations Extraction workers Farmers and farm managers Farming fishing and forestry occupations Financial specialists Fire fighting prevention and law enforcement workers Food preparation and serving related occupations Health diagnosing and treating practitioners and tech Health technologists and technicians Healthcare support occupations Installation maintenance and repair occupations Personal care and service occupations Legal occupations Life physical and social science occupations Management occupations except farmers and farm manage Material moving workers Motor vehicle operators Office and administrative support occupations Production Protective Service Occupations Rail water and other transportation occupations Sales and related occupations 2.8% 1.1% 3.6% 3.7% 0.8% 4.6% 0.0% 0.0% 0.1% 2.7% 0.7% 4.5% Retail trade Transportation and warehousing Utilities Wholesale trade 12.1% 2.2% 0.5% 3.9% 3.6% 1.2% 1.5% 3.3% 2.3% 1.3% 0.7% 10.2% 1.6% 1.9% 15.6% 9.5% 0.5% 0.2% 12.1% 0.5% % in Blue Collar Occupations 32.4% Supervisors construction and extraction workers Supervisors transportation and material moving worker % in White Collar Occupations 67.7% 0.1% Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 62 of 88 BUSINESS LIST This report provides a complete list of all reportable companies that fall within the specified trade area. Distance Company Name City State Employees Here Employees Total** Location Type Annual Sales Volume* SIC NAICS 0.00 Kroger Co 0.00 TCF National Bank Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI 50 10 5 0 0 6 4 5 3 4 2 4 20 2 20 0 Branch 0 Branch 5 Single Location $0 54110101 445110 $0 60359902 522120 $79,000 72310000 812112 $0 60210000 522110 $0 58120500 722110 $140,000 58129907 722110 $96,000 58129901 722211 $130,000 58129901 722211 $380,000 50650400 423690 $200,000 54999904 445299 $150,000 57120000 442110 $0 50870102 423850 $1,900,000 54110000 445110 $33,000 72319902 812112 $0 59470104 453220 0.00 Barbara Young 0.02 0.02 0.02 0.02 Charter One Bank National Assn A&M Family Restaurant Noshs Family Diner Oriental Buffet MI Inc 0 Branch 0 6 4 5 3 4 2 Single Location Single Location Single Location Single Location Single Location Single Location Single Location 0.02 Super Buffet 0.02 FM Dish 0.02 Shilly Imported Food Inc 0.02 Furniture Store 0.03 0.03 Sally Beauty Supply LLC Bozeks Meat & Groceries 0 Branch 20 2 Single Location Single Location 0.03 Trnina Inc 0.03 Perhan Inc 0 Branch Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 63 of 88 0.08 Kmart Pharmacies Inc Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Troy Troy Troy Troy Sterling Heig Troy Troy MI MI MI MI MI MI MI MI MI MI MI MI MI MI MI 7 200 10 1 1 1 4 3 4 9 5 4 1 20 5 0 Branch 0 Branch 10 1 1 1 4 3 4 9 5 4 1 Single Location Single Location Single Location Single Location Single Location Single Location Single Location Single Location Single Location Single Location Single Location $0 59129901 446110 $0 53119901 452112 $640,000 56610000 448210 $33,000 17210000 238320 $89,000 67990000 523910 $44,000 65120100 531120 $160,000 75499904 811198 $240,000 61620000 522390 $190,000 80210202 621210 $630,000 80110000 621111 $360,000 80110514 621111 $150,000 80210101 621210 $82,000 35350000 333922 $0 58120307 722211 $280,000 59630000 454390 0.08 Kmart Corporation 0.08 0.13 0.14 0.14 Meldisco K-M of 18 Mile Rd MI World Class Painting Kinaia Investment Inc Indy C Kal A Michigan Corp 0.16 Razook Sami 0.16 Chase 0.18 0.18 0.18 0.18 0.18 0.19 0.20 Laser Family Dental Dequindre Physcl Therapy Rehab Tyrone W Cobb MD Nezih Jajou Bachuri DMD Pc May Fair Products LLC Old West Properties LLC Xavia Collection Inc 0 Branch 5 Single Location Single Location Starco 0.20 Management Company Inc 0.20 0.21 0.21 0.21 0.21 American House Services Inc Obrien & Associates Brian Willey & Associates Allen Willey and Associates Lewandowski & Assoc Troy Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig MI 5 5 $540,000 55419901 447190 MI MI MI MI MI 40 2 1 2 3 0 Branch 2 1 2 3 Single Location Single Location Single Location Single Location $0 83610000 623990 $170,000 64110000 524210 $150,000 64110000 524210 $140,000 87429908 541611 $160,000 73890000 561499 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 64 of 88 0.21 Direct Lending 0.21 Primerica McCarroll & Assoc Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Troy Sterling Heig Sterling Heig Sterling Heig Troy Sterling Heig Sterling Heig Sterling Heig Troy MI MI MI MI 3 1 1 1 3 1 1 1 Single Location Single Location Single Location Single Location Single Location $210,000 61630000 522310 $62,000 87480000 541618 $70,000 17310000 238210 $34,000 76991103 561622 0.22 Micro Tech 0.22 00 24 Hour Locksmith Bartellos 0.24 Bookeeping Service 0.24 Walgreen Co 0.24 0.24 0.24 Helen & Robert Knox 24 Hour Pest Control Ralphs Computer Solutions MI MI MI MI MI MI MI MI MI MI 1 30 1 2 1 1 4 2 0 18 1 $34,000 87210101 541211 $0 59120000 446110 $52,000 73899999 561990 $52,000 73420203 561710 $66,000 73780000 811212 $64,000 73610101 561312 $200,000 65130000 531110 $96,000 80990000 621999 $0 80939903 621498 $0 58120307 722211 0 Branch 1 2 1 1 4 2 0 Single Location Single Location Single Location Single Location Single Location Single Location Single Location 0.24 Hunter Executives 0.25 0.25 Birchcrest Manor Apartment US Medical Management Fh 0.25 Weston Group 0.25 Sybra LLC 0 Branch * D&B® does not collect Sales Volume data on branch locations. ** Employees Total refers to the number of employees within an organization inclusive of all affiliated locations. For branch records this value is always zero. For single locations this will be the same value as Employees Here. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 65 of 88 BUSINESS LIST REPORT - COMPETITION Direct competitors in the trade area are a crucial aspect to ascertain the viability of a particular property. In this breakdown, competitive locations, based upon industry type, are listed. Distance Company Name 0.00 Kroger Co 0.02 Shilly Imported Food Inc City Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Troy Troy Troy Troy Sterling Heig Sterling Heig Sterling Heig Sterling Heig State MI MI MI MI MI MI MI Employees Here 50 4 2 20 7 200 10 Employees Total** Location Type 0 Branch 4 2 20 Single Location Single Location Single Location Annual Sales Volume* SIC NAICS $0 54110101 445110 $200,000 54999904 445299 $150,000 57120000 442110 $1,900,000 54110000 445110 $0 59129901 446110 $0 53119901 452112 $640,000 56610000 448210 0.02 Furniture Store 0.03 0.08 Bozeks Meat & Groceries Kmart Pharmacies Inc 0 Branch 0 Branch 10 Single Location Single Location 0.08 Kmart Corporation 0.08 Meldisco K-M of 18 Mile Rd MI Starco 0.20 Management Company Inc 0.24 Walgreen Co 0.26 0.27 0.27 Jungwon Oriental Grocery Store Hassan Brothers Inc Hug Center For Hearing MI MI MI MI MI MI MI MI 5 30 1 5 2 3 2 2 5 $540,000 55419901 447190 $0 59120000 446110 $69,000 54110000 445110 $380,000 54210200 445210 $92,000 59990903 446199 $200,000 54110200 445120 $92,000 54990102 446191 $110,000 59449901 448310 0 Branch 1 5 2 3 2 2 Single Location Single Location Single Location Single Location Single Location Single Location 0.30 Shelby In & Out Inc 0.32 0.34 Do All Health Food Co Golden Age Jewelry Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 66 of 88 0.34 0.37 0.38 Excellent It Solutions Roseville Market Inc Control Systems & Drives LLC Troy Sterling Heig Sterling Heig Troy Troy Troy Troy Sterling Heig Sterling Heig Troy Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig Sterling Heig MI MI MI MI MI MI MI MI 2 1 1 3 2 2 3 1 2 1 1 3 2 2 3 1 Single Location Single Location Single Location Single Location Single Location Single Location Single Location Single Location $200,000 57340200 443120 $69,000 54110000 445110 $60,000 57319903 443112 $200,000 54110000 445110 $92,000 54990201 445299 $92,000 54990100 446191 $350,000 59210102 445310 $100,000 57340000 443120 0.44 Rosette Mkt Svc 0.45 0.48 0.55 0.60 Isla Java Coffee Co LLC John & Pam Thompson Village House of Wines Masud ECR Michigan BFS Rtail 0.61 Cmmrcial Oprtons LLC 0.67 Companion Computers LLC MI 1 0 Branch Single Location Single Location Single Location Single Location Single Location $0 55319901 441320 MI MI MI MI MI MI MI MI MI MI MI MI 2 1 2 3 2 0 10 2 2 2 2 3 2 1 2 3 2 $200,000 57340000 443120 $41,000 57149902 442291 $100,000 56210000 448120 $200,000 54110000 445110 $110,000 54310000 445230 $0 55310102 441310 $0 59120000 446110 $200,000 57340000 443120 $200,000 57340000 443120 $87,000 56990000 448150 $250,000 55219902 441120 $200,000 54110000 445110 0.70 Eve Draperies 0.72 Trends In Fashion 0.76 Royal Market 0.80 Haval Produce Inc 0.81 Csk Auto Inc 0.83 CVS Pharmacy Inc 0.85 Proline Computers 0.86 0.87 Excel Check Management Ruans Custom Alterations 0 Branch 0 Branch 2 2 2 2 3 Single Location Single Location Single Location Single Location Single Location 0.87 Ctg Autos Inc 0.89 B & S Market Inc Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 67 of 88 0.90 0.90 0.93 0.97 Super X Foodmarket Mediterranean Markets Inc Novak Fireplace Svc Inc Exclusive Motor Cars Ltd Sterling Heig Troy Sterling Heig Sterling Heig Troy Troy Sterling Heig Sterling Heig Sterling Heig Troy Sterling Heig Sterling Heig Troy Sterling Heig MI MI MI MI MI MI MI MI MI MI MI MI MI MI 3 6 3 2 2 2 50 3 8 7 10 8 5 2 3 6 3 2 2 2 Single Location Single Location Single Location Single Location Single Location Single Location $200,000 54110000 445110 $6,000,000 54999904 445299 $150,000 57190300 442299 $250,000 55219902 441120 $100,000 56210000 448120 $140,000 54110000 445110 $7,000,000 54310000 445230 $1,200,000 59129901 446110 $800,000 54119905 445110 $890,000 59210101 445310 $0 54110201 445120 $1,000,000 54119905 445110 $230,000 59950000 446130 $92,000 54990000 445299 0.98 Star Fashion 0.98 Taste of Manila Inc 0.99 0.99 Agrusa Meat Fruit Ranch Inc Franklin Drugs Enterprises 125 HQ 3 8 7 Single Location Single Location Single Location 1.00 Manni Inc 1.00 N L M Inc 1.00 7-Eleven Inc 1.03 International Food Inc 0 Branch 8 5 2 Single Location Single Location Single Location 1.03 F O A Optics 1.03 Herbs Chinese * D&B® does not collect Sales Volume data on branch locations. ** Employees Total refers to the number of employees within an organization inclusive of all affiliated locations. For branch records this value is always zero. For single locations this will be the same value as Employees Here. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 68 of 88 NAICS MAP - 10.00 Miles: 2260 18 MILE RD This map portrays the business list report – filtered. In this breakdown, competitive locations, based upon industry type, are designated. Business Points (NAICS) Summary Brought to you by SRC, LLC. © 2008 All Rights Reserved Date: 06/04/09 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 69 of 88 VI. TRAFFIC DATA TRAFFIC COUNTS LIST Traffic counts are strong indicators of the potential for customers in a targeted area. Street 18 Mile Rd Dequindre Rd Dequindre Rd E Long Lake Rd Ryan Rd Ryan Rd 17 Mile Rd 19 Mile Rd John R Rd John R Rd 18 Mile Rd John R Rd 18 1/2 Mile Rd Dequindre Rd John R Rd Dequindre Rd 17 Mile Rd E Long Lake Rd John R Rd Report Prepared On: June 4, 2009 Cross Street Gulliver Dr Beyer Ln Wagonwheel Dr Spring Meadows Dr Franklin Park Dr Sable Blvd Sturbridge Dr Pond View Dr E Long Lake Rd Stoney Cv Tarragon Dr Cumberland Dr Tarragon Dr Winter Dr E Square Lake Rd Burningbush Dr Ironstone Dr Hubbard Dr Raintree Park Ent Dr Volume 17,342 23,542 23,948 15,308 28,885 21,509 17,679 10,673 16,386 19,372 16,810 17,578 2,903 25,919 12,461 23,711 17,945 16,833 18,460 Latitude 42.59334 42.599829 42.584805 42.592765 42.586029 42.601548 42.578805 42.607869 42.590608 42.59817 42.593886 42.583213 42.601137 42.571024 42.606987 42.615288 42.579499 42.592296 42.575019 Longitude -83.07969 -83.09029 -83.089615 -83.100404 -83.070507 -83.071102 -83.07997 -83.080011 -83.109373 -83.109779 -83.061939 -83.109106 -83.062718 -83.089046 -83.110092 -83.091046 -83.060806 -83.119017 -83.108727 Distance (Mi.) 0.353322 0.508303 0.584727 0.700744 0.949619 0.986145 1.035717 1.081634 1.168114 1.230462 1.256405 1.327241 1.339353 1.521239 1.535772 1.556729 1.609248 1.6475 1.67379 Direction E NW S W SE NE SE NE W W E SW E S NW N SE W SW Page 70 of 88 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. 19 Mile Rd Ryan Rd Ryan Rd Mound Rd Mound Rd Mound Rd Mound Rd Mound Rd Mound Rd John R Rd E Big Beaver Rd Metro Pkwy E Big Beaver Rd Metro Pkwy E Big Beaver Rd John R Rd State Hwy 150 State Hwy 150 State Hwy 150 W Utica Rd E Big Beaver Rd 18 Mile Rd Metro Pkwy E Big Beaver Rd Metro Pkwy Mound Rd Mound Rd Mound Rd Sussex Park Dr Devonshire St Lakeforest Dr Vancouver Dr Connecting Road Gatewood Dr Connecting Road Creek Dr Connecting Road Lakeside Dr Connecting Road Calka Dr Dequindre Rd Connecting Road Connecting Road Crimson Dr Bradley Dr Player Dr Lamb Dr Cumberland St Connecting Road Driveway Highlite Dr Connecting Road Connecting Road Fox Hill Dr Connecting Road Cannes Dr 9,919 27,024 18,830 9,530 9,530 32,833 32,833 25,291 25,291 9,652 21,342 25,566 42,683 25,566 21,341 20,445 41,630 49,952 43,552 3,826 18,409 32,093 23,219 18,409 23,219 35,742 35,742 19,129 42.60861 42.570979 42.615557 42.596487 42.596585 42.587636 42.587423 42.604417 42.604403 42.6158 42.564116 42.56438 42.563827 42.563981 42.563821 42.567951 42.587777 42.600827 42.581339 42.625863 42.56369 42.594661 42.564998 42.563346 42.564646 42.572002 42.572145 42.616382 -83.060725 -83.070087 -83.071526 -83.050883 -83.050521 -83.050407 -83.050033 -83.051238 -83.05088 -83.110496 -83.089175 -83.080406 -83.088763 -83.081817 -83.09013 -83.108459 -83.128881 -83.129479 -83.128563 -83.08143 -83.109003 -83.040523 -83.059928 -83.109946 -83.060477 -83.049778 -83.049363 -83.051929 1.702275 1.736475 1.737602 1.832921 1.85206 1.877821 1.899389 1.964426 1.980717 1.988819 1.997493 2.000183 2.016169 2.017452 2.021526 2.054335 2.178206 2.244894 2.27882 2.285955 2.320845 2.346421 2.361476 2.365253 2.365609 2.368203 2.378943 2.391844 NE SE NE E E E E E E NW S S S S S SW W W W N SW E SE SW SE SE SE NE Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 71 of 88 E Big Beaver Rd Merrill Rd Mound Rd Alger St Burroughs Ave Stacy Ave 15,907 7,927 19,129 42.563611 42.61169 42.61657 -83.112024 -83.046452 -83.051462 2.404505 2.416267 2.418121 SW NE NE Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 72 of 88 TRAFFIC MAP - 10.00 Miles: 2260 18 MILE RD In addition to the narrative for traffic counts, it is helpful to visually review the data. Traffic Counts (DM) Summary Brought to you by SRC, LLC. © 2008 All Rights Reserved Date: 06/04/09 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 73 of 88 VII. BUILDING PERMITS BUILDING PERMIT LIST Building permits provide insight into the growth factors within a market, establishing a detailed breakdown for the number of permits by closest municipality. Building Permit Units Date Single Family MultiFamliy Total Building Permit Values Single Family MultiFamily Total Building Permit Values Per Unit Single Family MultiFamily Total Building Permit Values Per Unit (2008 $) Factor Single Family MultiFamily Total 05/2008 1 0 1 $162,000 $0 $162,000 $162,000 $NA $162,000 1.000 $162,000 $NA $162,000 06/2008 0 0 0 $0 $0 $0 $0 $NA $0 1.000 $162,000 $NA $162,000 07/2008 1 0 1 $283,000 $0 $283,000 $283,000 $NA $283,000 1.000 $283,000 $NA $283,000 08/2008 0 0 0 $0 $0 $0 $0 $NA $0 1.000 $283,000 $NA $283,000 09/2008 0 0 0 $0 $0 $0 $0 $NA $0 1.000 $283,000 $NA $283,000 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 74 of 88 VIII. REAL ESTATE COMPARABLES PROPERTY DETAIL For Property Located At 2260 18 MILE RD, STERLING HEIGHTS MI 48314-3706 Owner Information Owner Name KROGER CO OF MICHIGAN, THE Mailing Address NOVI MI 48375-2174 C007 Phone Number Location Info T2N, R12E, SEC 18; COMM AT NW COR SEC 18; TH S88*43'57"E 401.41 FT ALG N SEC LINE; TH S03*01'40"W 60.03 FT TO POB; TH S88*43'57"E 618.64 FT; TH S02*58'30"W 494.98 FT; TH N88*43'40"W 269.10 FT; TH N03*01'40"E 55.0 FT; TH N88*43'57"W 350.0 FT; TH N03*01'40"E 200.0 FT; TH N88*43'57"W 337.56 FT; TH N02*17'37"E 79.91 FT; TH S88*43'57"E 35.0 FT; TH S02*17'37"W 28.0 FT; TH S88*43'57"E 303.22 FT; TH N03*01'40"E 188.05 FT TO POB. 7.012 AC. SPLIT & COMB FROM -003, -006, & -014 FOR 1997 MACOMB 2307.002307.00/ 1 APN: Alternate APN: Subdivision: Map Reference Tract # 1 03101 School District: Munic/ Township: UTICA STERLING HEIGHTSSTERLING HEIGHTS 3966-E5 10-18-100-031 1018100031 2489572226 Vesting Codes Legal Description: County: Census Tract/ Block: TownshipRange-Sect: Legal Book/ Page: Legal Lot: Legal Block: Market Area: Neighbor Code: Owner Transfer Information: Recording/Sale Date: Sale Price: Document #: 19980615 $0 Deed Type: 1st Mtg Document#: DEED (REG) Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 75 of 88 Last Market Sale Information: Recording/Sale Date: Sale Price: Sale Type: Document #: Deed Type: Transfer Document #: New Construction: Title Company: Lender: Seller Name: GRAHAM & JOSEPH ORLEY PARTNER DEED (REG) 19980615/ $0 1st Mtg Amount/Type: 1st Mtg Int. Rate/Type: 1st Mtg Document#: 2nd Mtg Amount/Type: 2nd Mtg Int. Rate/Type: Price Per SqFt: 2nd Multi/Split Sale: $ 0/ / / / $0 Prior Sale Information: Prior Rec/Sale Date: / Prior Lender: Prior 1st Mtg Amt/Type: Prior 1st Mtg Rate/Type: $ 0/ / Prior Sale Price: $ 0 Prior Doc Number: PriorDeed Type: Property Characteristics: Year Built / Eff : Gross Area : Building Area : Tot Adj Area: Above Grade: # of Stories: Other Improvements: / Total Rooms/Offices: Total Restrooms: Roof Type: Roof Material : Construction: Foundation: Exterior Wall: Basement Area : Garage Area : Garage Capacity : Parking Spaces: Heat Type : Air Cond: Pool: Quality : Condition: N Site Information: Zoning: Flood Zone: Flood Panel: Flood Panel Date: Land Use: Tax Information: Total Value: Land Value: Improvement Value: $ 3,472,700 $0 $0 Assessed Year: Improve %: Tax Year: 2008 2008 Property Tax: Tax Area: Tax Exemption: $ 150,790 MISC IMPROVEMENTS Acres: Lot Area (SqFt): Lot Width/Depth: Commercial Units: Building Class: 7.01 305355.6 / County Use: State Use: Site Influence: Sewer Type: Water Type: BUSINESS PLATTED IMPROVED Total Taxable Value: $ 3,132,450 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 76 of 88 NEIGHBORHOOD INFORMATION For Property Located At 2260 18 MILE RD, STERLING HEIGHTS MI 48314-3706 SCHOOL INFORMATION JEANNETTE JUNIOR HIGH SCHOOL 40400 GULLIVER DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Junior High 7th - 9th 960 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: UTICA CMTY SCHOOL DISTRICT $7,500.00 - $8,199.99 No 0.43 (586) 797-3300 SCHUCHARD ELEMENTARY SCHOOL 2900 HOLLY DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 6th 680 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: UTICA CMTY SCHOOL DISTRICT $7,500.00 - $8,199.99 Half Day 0.71 (586) 797-6200 HILL ELEMENTARY SCHOOL 4600 FORSYTH DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 398 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More Yes 0.72 (248) 823-3500 WASS ELEMENTARY SCHOOL 2340 WILLARD DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 426 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More Yes 0.81 (248) 823-3900 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 77 of 88 BURR ELEMENTARY SCHOOL 41460 RYAN RD Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 6th 440 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: UTICA CMTY SCHOOL DISTRICT $7,500.00 - $8,199.99 Half Day 0.86 (586) 797-4100 LARSON MIDDLE SCHOOL 2222 E LONG LAKE RD Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Middle 6th - 8th 793 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More No 0.96 (248) 823-4800 ATHENS HIGH SCHOOL 4333 JOHN R RD Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Senior High 9th - 12th 1950 Yes Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More No 1.33 (248) 823-2900 FLYNN MIDDLE SCHOOL 2899 FOX HILL DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Middle 6th - 8th 648 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: WARREN CONS SCHOOL DISTRICT $8,200.00 Or More No 1.50 (586) 825-2900 BARNARD ELEMENTARY SCHOOL 3601 FORGE DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 463 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More Yes 1.58 (248) 823-4300 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 78 of 88 HOLDEN ELEMENTARY SCHOOL 37565 CALKA DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 377 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: WARREN CONS SCHOOL DISTRICT $8,200.00 Or More Half Day 1.64 (586) 825-2670 COSTELLO ELEMENTARY SCHOOL 1333 HAMMAN DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 335 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: TROY SCHOOL DISTRICT $8,200.00 Or More Yes 1.76 (248) 823-3700 JEFFERSON ELEMENTARY SCHOOL 37555 CAROL DR Distance From Subject: Phone Number: School Type: Grade Range: Enrollment: Advanced Placement: District: Elementary K - 5th 462 Textbook Expense/Student: Supply Expense/Student: Total Expense/Student: Kindergarten: WARREN CONS SCHOOL DISTRICT $8,200.00 Or More Half Day 1.85 (586) 825-2680 ARTS F & S ARTS 39649 RYAN RD Distance From Subject Phone Number: 0.99 (miles) (586) 268-4566 ASSOCIATIONS/ORGANIZATIONS ASIA CULTURE ASSN 42021 DEQUINDRE RD Distance From Subject Phone Number: 0.59 (miles) (248) 879-8465 BANKING CHARTER ONE 2225 18 MILE RD Distance From Subject Phone Number: 0.09 (miles) (586) 739-2200 CHASE 40880 DEQUINDRE RD Distance From Subject Phone Number: 0.12 (miles) (586) 978-7936 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 79 of 88 TCF BANK 40700 DEQUINDRE RD Distance From Subject Phone Number: 0.15 (miles) (586) 000-1111 COMERICA BANK 1955 18 MILE RD Distance From Subject Phone Number: 0.17 (miles) (248) 371-5000 FIFTH THIRD BANK 41122 RYAN RD Distance From Subject Phone Number: 0.86 (miles) (586) 254-5353 BANK OF AMERICA 39100 DEQUINDRE RD Distance From Subject Phone Number: 0.90 (miles) (586) 264-3440 CHILD CARE OAKLAND LIVINGSTON HEAD START 4600 FORSYTH DR Distance From Subject Phone Number: 0.60 (miles) (248) 524-9730 DENTAL LASER FAMILY DENTAL 41069 DEQUINDRE RD # 101 Distance From Subject Phone Number: 0.22 (miles) (248) 250-9334 NEZIH JAJOUBACHURI PC 41069 DEQUINDRE RD # 101 Distance From Subject Phone Number: 0.22 (miles) (248) 828-8900 AAVO FAMILY DENTISTRY 2885 E LONG LAKE RD # C Distance From Subject Phone Number: 0.28 (miles) (248) 879-4565 FAKHRI SHIRIN DDS 2885 E LONG LAKE RD # C Distance From Subject Phone Number: 0.28 (miles) (248) 879-4565 ALGENIO GIGI DDS 41400 DEQUINDRE RD # 103 Distance From Subject Phone Number: 0.32 (miles) (586) 803-9999 STERLING ENDODONTICS 41400 DEQUINDRE RD # 125 Distance From Subject Phone Number: 0.32 (miles) (586) 726-1999 AMBER DENTAL 41400 DEQUINDRE RD # 101 Distance From Subject Phone Number: 0.32 (miles) (586) 739-1111 SUCAET GARY F DDS 3777 18 MILE RD # 4 Distance From Subject Phone Number: 0.70 (miles) (586) 254-4100 FAMILY DENTAL CTR 3912 18 MILE RD Distance From Subject Phone Number: 0.77 (miles) (586) 264-3200 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 80 of 88 GREWAL PRABHJOT K DDS 3912 18 MILE RD Distance From Subject Phone Number: 0.77 (miles) (586) 264-3200 FOREVER YOUNG DENTISTRY 39242 DEQUINDRE RD # 106 Distance From Subject Phone Number: 0.82 (miles) (248) 918-4441 NICK S PALMER PC 39242 DEQUINDRE RD # 102 Distance From Subject Phone Number: 0.83 (miles) (586) 978-0300 PROFESSIONAL MEDICAL PRPRTS 39242 DEQUINDRE RD Distance From Subject Phone Number: 0.83 (miles) (586) 978-8275 TINY TOOTH DENTAL 39242 DEQUINDRE RD # 107 Distance From Subject Phone Number: 0.83 (miles) (586) 795-3251 MISCHUK PHILIP DDS 39150 DEQUINDRE RD # 300 Distance From Subject Phone Number: 0.87 (miles) (586) 979-7333 MANCUSO STEPHEN DDS 2950 E WATTLES RD # 200 Distance From Subject Phone Number: 0.99 (miles) (248) 526-9680 DRY CLEANERS MAXIM'S CLEANERS 3920 18 MILE RD Distance From Subject Phone Number: 0.77 (miles) (586) 264-3030 PARK AVENUE CLEANERS 40824 RYAN RD Distance From Subject Phone Number: 0.82 (miles) (586) 795-2389 GIGI DRY CLEANERS 38970 DEQUINDRE RD Distance From Subject Phone Number: 0.98 (miles) (586) 939-4455 ENTERTAINMENT SERVICES JEFF MOON PRODUCTION SVC 2716 BALSAM WAY DR Distance From Subject Phone Number: 0.98 (miles) (586) 254-4540 GROCERY STORES KROGER 2260 18 MILE RD Distance From Subject Phone Number: 0.00 (miles) (586) 977-9129 GNC 2237 18 MILE RD Distance From Subject Phone Number: 0.07 (miles) (586) 254-6531 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 81 of 88 BOZEKS MEAT & GROCERIES 2297 18 MILE RD Distance From Subject Phone Number: 0.07 (miles) (586) 991-0135 JUNGWON ORIENTAL GROCERY STORE 2912 E LONG LAKE RD Distance From Subject Phone Number: 0.26 (miles) (248) 528-3911 HASSAN & BROTHERS 2904 E LONG LAKE RD Distance From Subject Phone Number: 0.26 (miles) (248) 619-0909 SUPER SPOT MARKET 41530 RED OAK DR Distance From Subject Phone Number: 0.35 (miles) (586) 739-8176 DEJLA & FURAT 3904 18 MILE RD Distance From Subject Phone Number: 0.76 (miles) (586) 979-3310 V G'S FOOD CTR & PHARMACY 40832 RYAN RD Distance From Subject Phone Number: 0.82 (miles) (586) 978-8781 AGRUSA MEAT & FRUIT RANCH 2161 17 MILE RD Distance From Subject Phone Number: 0.94 (miles) (586) 978-8468 PAIN D'OR BAKERY LLC 2147 17 MILE RD Distance From Subject Phone Number: 0.94 (miles) (586) 795-1670 INTERNATIONAL FOOD INC 38964 DEQUINDRE RD Distance From Subject Phone Number: 0.99 (miles) (586) 979-3665 LAXMI FOODS INC 38948 DEQUINDRE RD Distance From Subject Phone Number: 0.99 (miles) (586) 977-1770 HOME IMPROVEMENT PHIL'S TRUE VALUE HARDWARE 40752 RYAN RD Distance From Subject Phone Number: 0.94 (miles) (586) 274-4345 AQUA FLO ENTERPRISES 4554 DEWULF DR Distance From Subject Phone Number: 0.95 (miles) (248) 524-1511 MEDICAL IHR WW AMERICAN HOUSE 41155 POND VIEW DR Distance From Subject Phone Number: 0.18 (miles) (586) 739-9328 MEDICAL TEAM 41155 POND VIEW DR Distance From Subject Phone Number: 0.18 (miles) (586) 731-6529 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 82 of 88 AMERICAN HOUSE BIRCHCREST 41155 POND VIEW DR # 233 Distance From Subject Phone Number: 0.18 (miles) (586) 739-9494 DEQUINDRE PHYSICAL THERAPY 41069 DEQUINDRE RD # 102 Distance From Subject Phone Number: 0.19 (miles) (248) 879-9400 COBB TYRONE W MD 41069 DEQUINDRE RD # 103 Distance From Subject Phone Number: 0.22 (miles) (248) 828-1080 BIRCHCREST MANOR 41255 POND VIEW DR Distance From Subject Phone Number: 0.25 (miles) (586) 726-0603 LONG LAKE PODIATRIST 2914 E LONG LAKE RD Distance From Subject Phone Number: 0.26 (miles) (248) 528-0709 CVETKOVIC ALEX MD 2888 E LONG LAKE RD Distance From Subject Phone Number: 0.29 (miles) (248) 689-3792 NESTOR DUSHAN MD 2888 E LONG LAKE RD # 105 Distance From Subject Phone Number: 0.29 (miles) (248) 689-1330 HUNT CURTIS MD 2888 E LONG LAKE RD # 110 Distance From Subject Phone Number: 0.29 (miles) (248) 680-8400 MORICI CHIROPRACTIC 2888 E LONG LAKE RD # 150 Distance From Subject Phone Number: 0.29 (miles) (248) 619-9700 ANTONIO MORICI CHIROPRACTIC 2888 E LONG LAKE RD # 150 Distance From Subject Phone Number: 0.29 (miles) (248) 619-9700 PEDIATRIC ADOLESCENT CARE 41400 DEQUINDRE RD # 121 Distance From Subject Phone Number: 0.32 (miles) (586) 731-1500 ADVANCED FOOT CARE 41400 DEQUINDRE RD # 100 Distance From Subject Phone Number: 0.32 (miles) (586) 731-7873 ROSNER ARTHUR MD 41400 DEQUINDRE RD # 107 Distance From Subject Phone Number: 0.32 (miles) (586) 731-1518 SUBURBAN HOME CARE 2838 E LONG LAKE RD # 248 Distance From Subject Phone Number: 0.34 (miles) (248) 680-9066 ACADEMIC CARDIOLOGY ASSOC PC 39242 DEQUINDRE RD # 103 Distance From Subject Phone Number: 0.82 (miles) (248) 237-0111 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 83 of 88 HEALTHY HEART & VASCULAR 39242 DEQUINDRE RD # 103 Distance From Subject Phone Number: 0.82 (miles) (586) 795-3600 GOGUE HIKMAT P MD 39242 DEQUINDRE RD # 101 Distance From Subject Phone Number: 0.82 (miles) (586) 446-8060 GEORGETOWN DERMATOLOGISTS 39242 DEQUINDRE RD # 105 Distance From Subject Phone Number: 0.83 (miles) (586) 979-1750 HENRY FORD HEALTH SYSTEMS 4169 MORNINGDALE DR Distance From Subject Phone Number: 0.86 (miles) (248) 528-2156 NUTRITIONAL METABOLIC COUNSLNG 4418 GREENSBORO DR Distance From Subject Phone Number: 0.86 (miles) (248) 619-9460 RAAD MICHAEL MD 39150 DEQUINDRE RD Distance From Subject Phone Number: 0.87 (miles) (248) 598-5080 SHEFFIELD MEDICAL CTR 39150 DEQUINDRE RD Distance From Subject Phone Number: 0.87 (miles) (248) 598-5080 ALLERGY & ASTHMA ASSOC 2950 E WATTLES RD # 300 Distance From Subject Phone Number: 0.99 (miles) (248) 524-2121 OPTOMETRY FAMILY OPTOMETRY ASSOC PC 2950 E WATTLES RD # 100 Distance From Subject Phone Number: 0.99 (miles) (248) 740-0222 POLICE/FIRE STERLING HEIGHTS FIRE DEPT 41625 RYAN RD Distance From Subject Phone Number: 0.86 (miles) (586) 446-2950 RELIGIOUS ORGANIZATIONS SOCIETY OF CHRIST CTR 3000 18 MILE RD Distance From Subject Phone Number: 0.38 (miles) (586) 977-7379 OUR LADY OF CZESTOCHOWA CHURCH 3100 18 MILE RD Distance From Subject Phone Number: 0.52 (miles) (586) 939-5022 FIRST CHURCH 39400 DEQUINDRE RD Distance From Subject Phone Number: 0.78 (miles) (586) 795-3335 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 84 of 88 ST CYRIL & METHODIST CHURCH 41233 RYAN RD Distance From Subject Phone Number: 0.79 (miles) (586) 726-6911 FREEDOM CHRISTIAN ASSEMBLY 41380 RYAN RD Distance From Subject Phone Number: 0.90 (miles) (586) 731-6447 KOREAN UNITED METHODIST CHURCH 42693 DEQUINDRE RD Distance From Subject Phone Number: 0.90 (miles) (248) 879-2240 RESTAURANT/LOUNGES SUPER BUFFET CHINESE RSTRNT 2209 18 MILE RD Distance From Subject Phone Number: 0.07 (miles) (586) 323-1818 NOSH'S FAMILY DINER 2229 18 MILE RD Distance From Subject Phone Number: 0.07 (miles) (586) 254-2932 SUBWAY 2137 18 MILE RD Distance From Subject Phone Number: 0.07 (miles) (586) 254-8735 MC DONALD'S 2000 18 MILE RD Distance From Subject Phone Number: 0.10 (miles) (586) 939-9140 TACO BELL 41167 DEQUINDRE RD Distance From Subject Phone Number: 0.20 (miles) (248) 879-5894 BIG BOYS 2995 E LONG LAKE RD Distance From Subject Phone Number: 0.21 (miles) (248) 879-5866 ARBY'S 2925 E LONG LAKE RD Distance From Subject Phone Number: 0.26 (miles) (248) 879-7509 JET'S PIZZA 40808 RYAN RD Distance From Subject Phone Number: 0.82 (miles) (586) 978-0888 DONG SING CHINESE RESTAURANT 40816 RYAN RD Distance From Subject Phone Number: 0.82 (miles) (586) 939-6323 WENDY'S 40950 RYAN RD Distance From Subject Phone Number: 0.86 (miles) (586) 446-8474 SHELBYS RESTAURANT 5196 STANDISH DR Distance From Subject Phone Number: 0.89 (miles) (248) 828-7413 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. 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Page 85 of 88 EL MAWAL RESTAURANT 2187 17 MILE RD Distance From Subject Phone Number: 0.94 (miles) (586) 268-7242 JOE BOLOGNA'S 2135 17 MILE RD Distance From Subject Phone Number: 0.94 (miles) (586) 939-5700 CARVEL ICE CREAM & BAKERY 38952 DEQUINDRE RD Distance From Subject Phone Number: 0.99 (miles) (586) 264-9108 SHOPPING DOLLAR TREASURE 2325 18 MILE RD Distance From Subject Phone Number: 0.08 (miles) (586) 737-0192 KMART 2051 18 MILE RD Distance From Subject Phone Number: 0.18 (miles) (586) 739-0800 DOLLAR TREE 40756 RYAN RD Distance From Subject Phone Number: 0.82 (miles) (586) 825-0310 SOCIAL SERVICES FAMILY NURSE CARE 41255 POND VIEW DR Distance From Subject Phone Number: 0.25 (miles) (586) 737-2990 CRANBERRY HOUSE 2885 E LONG LAKE RD Distance From Subject Phone Number: 0.28 (miles) (248) 813-0010 BETTER ALTERNATIVES-DOMESTIC 2888 E LONG LAKE RD Distance From Subject Phone Number: 0.29 (miles) (248) 524-0030 CUSHING DIANE 2888 E LONG LAKE RD # 145 Distance From Subject Phone Number: 0.29 (miles) (248) 680-0796 REFLECTIONS COUNSELING CTR 2888 E LONG LAKE RD # 170 Distance From Subject Phone Number: 0.29 (miles) (248) 524-0050 WORK-LIFE SOLUTIONS LLC 2888 E LONG LAKE RD # 145 Distance From Subject Phone Number: 0.29 (miles) (248) 528-1756 DEBRA OF AMERICA MICHIGAN CHPT 40270 RYAN RD Distance From Subject Phone Number: 0.89 (miles) (586) 978-9244 TITLE ABSTRACT OFFICES Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 86 of 88 METROPOLITAN TITLE CO 40682 RYAN RD Distance From Subject Phone Number: 0.86 (miles) (586) 268-0183 VIDEO RENTAL FAMILY VIDEO 39036 DEQUINDRE RD Distance From Subject Phone Number: 0.92 (miles) (586) 939-5975 Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 87 of 88 IX. NOTICE This report is designed to provide market information, demographics, competitive analysis and other critical information relating to real property. XSite Validation has taken reasonable steps to ensure that this report includes complete and accurate information. However, for various reasons, and because data from numerous third-party sources may be incomplete, inaccurate, or out-of-date, WE CANNOT AND DO NOT WARRANT THE ACCURACY OF THIS REPORT OR THAT THIS REPORT IS ERROR FREE OR COMPLETE. AS A RESULT, WE ALSO DISCLAIM ALL WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE. This report in no way constitutes a legal opinion or professional real estate valuation and should not be relied upon as such. ANY LIABILITY ARISING FROM THE PREPARATION OF OR YOUR USE OF THIS REPORT IS LIMITED TO A REFUND OF THE FEE PAID. Acceptance of this report constitutes an acceptance of the aforesaid terms, conditions and limitations. You also acknowledge that the Terms of Use you executed upon opening your account with XSite Validation constitutes a valid and binding contract and further governs your use of this report and your relationship with XSite Validation. Except for those materials supplied by third-parties, this report constitutes the intellectual property of XSite Validation and its affiliates. You own the copy or copies of the report provided to you by XSite Validation, but otherwise enjoy only a limited license to use the copyrighted and otherwise protected materials in the copy or copies provided to you. Copyright 2008, XSite Validation. All rights reserved. Report Prepared On: June 4, 2009 www.xsitevalidation.com © 2008, XSite Validation. All rights reserved. Page 88 of 88