2 Acres Prime Development SW 34 th Street Gainesville, FL 32608

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1 2 Acres Prime Development 2814 SW 34 th Street Gainesville, FL 32608

2 Executive Summar y DO NOT VISIT OR SPEAK WITH ANY ON-SITE STAFF AT ANY TIME At the intersection of SW 34th Street and Windmeadows Boulevard, this 2 acre parcel is truly one of the choicest properties in Alachua County. SW 34th is already a main corridor and with the massive addition to Butler Plaza going up by the day, Windmeadows Blvd will become a highly traveled roadway as it is envisioned to be the main entrance to Butler Plaza Town Center. The parcel is one block from Archer Road, the main restaurant and shopping corridor in Gainesville. The highest and best use is likely a multi-story mixed use facility. The current BUS zoning allows up to 5 stories of retail and office by right. A rezoning to U9 will allow up to 6 stories of retail, office, and/or multifamily by right (approximately 6 month process). The site has 3 deeded entrances, tremendous visibility, and superb access to UF Campus, Shands Hospital, shopping, restaurants, Celebration Point and I-75. The current owner, BBVA Compass, as the U.S. based subsidiary of the holding company, will require that the developer incorporate roughly 3,000-3,500 +/- SF of ground floor retail space for their bank, with a drive-thru, as well as subsequent separated corporate office space on the first or subsequent floors totaling approximately 4,500-5,500 SF. BBVA Compass is open to being in an outparcel or in-line with other ground floor tenancies as part of a multi-story building. Click Here To See Drone Footage

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4 D e v e l o p m e n t N o t e s Current BUS zoning allows up to 5 stories of retail and office, but not multifamily. Three additional stories are possible with bonus points. BUS zoning requires parking to follow the city s general building code - 1/250 SF. A hotel is permitted. Zoning can likely be changed to Urban 9, which allows multifamily as well as commercial development up to 6 stories by right with 2 additional possible. Urban 9 has no specific parking requirements. (A zoning change will take roughly 6 months but cannot be started without site plan approval). Drive-thru lanes are permitted in either zoning and do not have to be attached to the main building. Existing access and signage should not be impacted. The property drains to the existing Butler retention so no on-site retention is required unless additional impervious surface is created. The property comes with substantial utility credits so there will likely be little if any impact fees for water or power. The only trees of concern are on the perimeter of the property.

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6 Butler North Butler Town Center Walmart Ashley Dick s Sporting Total Wine Marshalls Payless Publix Miya Sushi Rent A Center H&R Block Great Clips China King Longhorn Olive Garden Bahama Breeze TGIFridays Aldi Lowes The Hyppo McAlister s Deli Gigi s Cupcakes Sleep Center Cici s Pizza Which Wich Sam s Club Jimmy John s Orange Theory Jimmy Hulas Gator Mania Jersey Mikes 4 Rivers BBQ Falafel King Smoothie King Burger Fi Starbuck s Butler West Butler Central Target Carter s Rack Room Shoes Publix Old Navy Massage Envy Best Buy Ross Michael s PetSmart Office Max Pier 1 GNC Hair Cuttery Kirklands Village Jeweler Maple Street Biscuit Ale House Tuesday Morning Zaxby s Trader Joe s AT&T Arby s Dairy Queen Pollo Tropical Texas Roadhouse Outback Hibbett Sports Yogurtology Zoe s Celebration Pointe Bass Pro Shop Rascal Flatts Grill Reggae Shack Kilwin s Confections Eddie Montgomery s Liquid Ginger Margaritaville Miller s Ale House Celebration Pointe InfoTech Luxury Regal Theatre Hotel Indigo Outlet Shopping

7 SUBJECT LOCATION Property Name Street Address City State Zip County BBVA Compass 2814 SW 34 th Street Gainesville FL Alachua TAXING AUTHORITY Jurisdiction Real Estate ID # Assessed Value Millage Rate Tax Obligation Tax Year City of Gainesville & $2,777, $62, SUBJECT SITE Parcel Numbers Parcel Size Flood Zone Zoning Date SUMMARY Style Year Built/Renovated No. of Buildings No. of Stories Total Area & X BUS August 2017 Office ,170 SF Heated/Cooled 2,232 SF Drive-thru CONSTRUCTION DETAILS Construction Type Roof Plumbing Electric HVAC Flooring Living/Bedrooms Flooring Kitchen/Bath Cabinets Countertops Appliances Package Fixtures UTILITIES Electric Water & Sewer Natural Gas Glass/Stucco Tar & Gravel Unknown Unknown Central Carpet Tile Faux Wood Laminate Varies Varies Tenant Tenant N/A

8 DEMOGRAPHIC SNAPSHOT Population 1-Mile 3-Mile 5-Mile 2017 Total Number 18,616 78, , Projection 19,563 81, , Census Population 17,089 74, ,320 Growth % 5.4% 4.8% Growth Estimated 5.1% 4.1% 3.6% 2017 Estimated Median Age Estimated Median Age HOUSEHOLDS Household 1-Mile 3-Mile 5-Mile 2017 Total Number 8,427 31,675 64, Projection 8,825 33,071 66, Census Households 7,849 29,926 61,327 Avg. Household Income $30,794 $41,991 $61,353 Avg. Household Size Household Size Annual Rate 1.00% 0.81% 0.71% Occupied Housing Units 9,730 36,409 72,425 Owner Occupied 4.9% 15.4% 30.9% Renter Occupied 81.7% 71.6% 57.8%

9 Beau Beery, CCIM Todd Rainsberger, PhD