1.94 Acre Restaurant Sites $1,150,000 each
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1 1.94 Acre Restaurant Sites $1,150,000 each 13,300 29,500 Lake Ruby Dr. W. Cypress Gardens Rd. Gary Ralston, CCIM, CRE Todd Dantzler, CCIM David Hungerford
2 Executive Summary Site Address: 7001 Cypress Gardens Blvd Winter Haven, FL County: Polk Outparcels: 1: 2: Zoning: C-3 Commercial Highway (City of Winter Haven) Traffic Count: 29,500 on Cypress Gardens Blvd. Demographics: /- acres $1,150, /- acres $1,150,000 Population Households Median Household Income Average Household Income 1 mile 6,441 2,592 $51,943 $66,754 2 miles 19,770 8,360 $52,989 $67,697 5 minutes 10 minutes 3 miles 30,678 11,531 40,120 12,976 4,799 16,337 $52,393 $52,277 $48,821 $68,215 $66,967 $64,657 Contiguous to CVS pharmacy plus planned Staybridge Suites and Wyndham hotels Higher income within 2 miles, Median Household Income is 21% greater than Polk County, and 10% above Florida $/GLA Rent From$/GLA $t Unique opportunity to own a high profile restaurant site at a key intersection in the LEGLOLAND corridor. 1st signalized intersection east of LEGOLAND 114 N. Tennessee Ave., 3rd Floor Lakeland, FL SRDcommercial.com
3 Project Development Plan +/- 206 FT Outparcel 1 $1,150, acres +/- 411 FT +/- 206 FT Outparcel 2 $1,150, acres +/- 411 FT
4 Regional Location Map Orlando The I4 Corridor: Central Florida s Tourism Hotspot Lakeland Tampa St. Petersburg 114 N. Tennessee Ave., 3 rd Floor Lakeland, FL SRDcommercial.com
5 Location Map Lakeland Winter Haven Just 1.8 miles from LEGOLAND 114 N. Tennessee Ave., 3 rd Floor Lakeland, FL SRDcommercial.com
6 1, 2, 3 mile radius 5 & 10 minute drive 114 N. Tennessee Ave., 3 rd Floor Lakeland, FL SRDcommercial.com
7 Benchmark Demographics 1 mile 2 miles 3 miles 5 minutes 10 minutes Polk FL US Population 6,441 19,770 30,678 11,531 40, ,909 20,108, ,580,626 Households 2,592 8,360 12,976 4,799 16, ,058 7,858, ,786,233 Families 1,792 5,794 8,999 3,316 11, ,952 5,083,223 80,307,260 Average Household Size Owner Occupied Housing Units 1,672 5,782 9,312 3,309 11, ,596 4,936,146 76,427,142 Renter Occupied Housing Units 920 2,578 3,664 1,489 4,973 81,462 2,922,303 45,359,091 Median Age Trends: Annual Rate Population 0.60% 1.00% 1.09% 0.79% 1.01% 1.18% 1.29% 0.84% Households 0.51% 0.91% 1.01% 0.69% 0.91% 1.07% 1.21% 0.79% Families 0.45% 0.83% 0.93% 0.63% 0.83% 1.00% 1.13% 0.72% Owner HHs 0.72% 1.09% 1.11% 0.79% 0.98% 0.97% 1.09% 0.73% Median Household Income 1.88% 0.81% 1.26% 1.82% 1.59% 2.79% 2.52% 1.89% Households by Income <$15, % 11.10% 11.00% 11.30% 12.20% 13.93% 13.40% 12.50% $15,000 - $24, % 11.30% 11.60% 12.00% 12.50% 12.75% 11.60% 10.09% $25,000 - $34, % 9.40% 9.70% 9.90% 10.60% 12.54% 11.54% 10.06% $35,000 - $49, % 14.60% 14.90% 14.10% 15.70% 16.14% 14.66% 13.31% $50,000 - $74, % 20.40% 20.40% 20.20% 19.90% 19.78% 18.49% 17.68% $75,000 - $99, % 15.80% 15.00% 15.00% 13.50% 11.33% 10.95% 12.28% $100,000 - $149, % 11.80% 11.60% 12.00% 10.50% 8.98% 11.29% 13.44% $150,000 - $199, % 2.80% 2.60% 2.90% 2.30% 2.40% 3.99% 5.29% $200, % 2.80% 3.20% 2.70% 2.90% 2.16% 4.08% 5.36% Household Income is Median Household Income $51,943 $52,989 $52,393 $52,277 $48,821 $43,856 $48,377 $54,149 Average Household Income higher than $66,754 $67,697 $68,215 $66,967 $64,657 $59,091 $69,330 $77,008 Per Capita Income $27,404 $28,765 $28,732 $27,768 $26,710 $22,615 $27,618 $29,472 Polk County and Florida Population by Age % 4.70% 4.70% 4.90% 5.10% 6.12% 5.40% 6.19% % 5.00% 5.00% 5.30% 5.30% 6.11% 5.53% 6.33% % 5.50% 5.60% 6.00% 5.80% 6.23% 5.69% 6.46% % 5.30% 5.40% 5.50% 5.50% 6.09% 5.85% 6.55% % 4.40% 4.50% 4.50% 5.00% 6.17% 6.56% 7.09% % 11.40% 10.70% 12.10% 11.10% 12.37% 12.83% 13.64% % 10.70% 10.80% 11.40% 10.70% 11.56% 11.93% 12.62% % 11.60% 11.80% 12.40% 11.70% 12.23% 13.34% 13.27% % 14.60% 14.70% 13.80% 14.20% 13.00% 13.37% 12.82% High 13.80% 16.00% 15.60% 13.80% 14.50% 11.61% 10.90% 8.76% Concentration of 7.20% 8.20% 8.30% 7.50% 8.10% 6.21% 6.03% 4.35% % 2.70% 2.90% 2.70% 3.00% 2.30% 2.59% 1.92% Senior Citizens Race and Ethnicity White Alone 78.30% 80.70% 81.20% 80.40% 78.50% 72.91% 73.36% 70.52% Black Alone 11.20% 9.20% 9.20% 9.70% 11.10% 15.39% 16.38% 12.79% American Indian Alone 0.20% 0.30% 0.30% 0.30% 0.40% 0.46% 0.40% 0.97% Asian Alone 4.00% 3.90% 3.60% 3.90% 3.10% 1.84% 2.77% 5.46% Pacific Islander Alone 0.10% 0.10% 0.10% 0.10% 0.10% 0.07% 0.07% 0.19% Some Other Race Alone 3.10% 2.80% 3.10% 2.70% 4.50% 6.46% 4.12% 6.76% Two or More Races 3.20% 2.90% 2.50% 3.00% 2.40% 2.88% 2.90% 3.32% Hispanic Origin (Any Race) 12.40% 12.20% 12.50% 12.00% 14.80% 21.08% 25.07% 17.92%
8 LEGOLAND Corridor 36,500 13,300 27,500 30,500 29,500 29,500 Regional HQ 25, miles 114 N. Tennessee Ave., 3 rd Floor Lakeland, FL SRDcommercial.com
9 Retail and Restaurant Demand 2 Miles 10 Min. 15 Min Population 19,770 40,120 91, Households 8,360 16,337 35, Median Disposable Income 44,245 40,637 35, Per Capita Income 28,765 26,710 22,021 NAICS Total Retail Trade and Food & Drinking 44-45, 722 $310,315,284 $580,473,857 $1,100,121,851 Total Retail Trade $282,510,108 $528,264,846 $1,001,900,673 Total Food and Drinking 722 $27,805,175 $52,209,011 $98,221,178
10 The only Florida interactive theme park where LEGO comes to life and kids take control. LEGOLAND Florida Resort is built for kids. The 150-acre interactive theme park offers more than 50 rides, shows and attractions, restaurants, shopping, a breathtaking botanical garden and the LEGOLAND Water Park all geared to families with children ages 2 to 12. The LEGOLAND Hotel is located just steps from the park entrance and features 152 rooms. Recently opened, Heartlake City is a colorful new land based on the LEGO Friends toy line N. Tennessee Ave., 3 rd Floor Lakeland, FL SRDcommercial.com
11 2017 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates Coldwell Banker Commercial Saunders Ralston Dantzler Realty, LLC, All rights Reserved, makes every attempt to provide accurate information on this property, however, does not guarantee the accuracy. Buyer should rely entirely on their own research, inspection of property, and records.
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