FOR SALE 5550 OKEECHOBEE RD (STATE RD 70), FT. PIERCE, FL 34947

Transcription

1 FOR SALE 5550 OKEEHOBEE RD (STATE RD 70), FT. IERE, FL SUBJET ROERTY RETENTION OND 3.25 Acres SALE ENDING 1.81 Acres 1.13 Acres REDEVELOMENT SITE AREL ID: , , , SITE ARES: 1.13 Acres (0.41, 0.24, 0.24, 0.24) ZONING: 3 ommercial (ity of Ft ierce), General ommercial (St Lucie ounty) ommercial Office (St Lucie ounty) Demographic rofile RADIUS 1 Mile 3 Mile 5 Mile opulation 1,947 22,557 69,732 Households 732 7,746 24,671 $47,500 FRONTAGE: 160+/- Ft on Okeechobee Road $54,773 $46,956 UTILITIES: Ft ierce Utilities Authority Median Age DAILY TRAFFI: 25,500 vehicles per day DRIVE TIME 5 Min 10 Min 15 Min REAL ESTATE TAXES: $3, opulation 6,334 51, ,724 Households 2,344 17,459 50,428 Ave HH Income 47,256 46,619 56, Median ut to Site otential Uses as Redeveloped Site Include QSR s, Store, Bank, Hotel, Restaurant, Medical Ave HH Income Median Age RIE: $800, For More Information: Michael A. Yurocko, IM, Vice resident, Broker Office Mobile my@slccommercial.com The information contained herein has been obtained from sources believed to be reliable, but no warranty or representation, expressed or implied, is made. All sizes and dimensions are approximate. Any prospective buyer should exercise prudence and verify independently all significant data and property information. This is NOT an offer of sub-agency or co-brokerage. 36.0

2 ROERTY INFORMATION SL OMMERIAL MEDIAN UT EASTBOUND TRAFFI OKEEHOBEE RD FEATURES ONTIGUOUS TO NEW WALGREENS ALONG JENKINS RD ORRIDOR OF LANNED RESIDENTIAL 1/2 MILE FROM I-95 & LESS THAN 2 MILES FROM FLORIDA TURNIKE 600 AARTMENTS WITHIN 1/2 MILE ON MAIN ARTERY (SR-70) INTO FT. IERE MARKET NEIGHBORING BIG BOXES WALMART & HOME DEOT

3 AREA LOATION SL OMMERIAL ORANGE BLOSSOM N SITE S

4 MAS SL OMMERIAL

5 BUSINESS DEVELOMENT SL OMMERIAL Why National Retailers Should onsider Ft ierce For the past few years Ft. ierce has been an overlooked area of the Treasure oast by traditional and upstart retailers alike. Undoubtedly, this is due in part to the slower economic recovery from the housing and financial crisis experienced throughout St Lucie ounty relative to the overall Treasure oast and Florida in general. However, things are changing in both St Lucie ounty and more importantly, FT IERE. Within the past 2yrs bigger box retailers like Bass ro Shops, Burlington, and Home Goods along with credit tenants ollo Tropical, heddars, Hooters, Aldi, Walmart Neighborhood Market, and others have made the commitment to St Lucie ounty. Additionally, the presence of new retailers AT&T, Jimmy John s, Mattress Firm, Hibbett Sports, an Urban 7-11 in Downtown are all excellent indicators as to how the Ft ierce market is transforming after lagging the broader Treasure oast market for many years. ommercial brokers are continually asked in Ft ierce, Why do we have so few retail options in Ft ierce and must drive to ort St Lucie, Jensen Beach, Stuart, or Vero? Well the simple answer is that things are changing and as this transformation evolves they won t. Visitors to the area are actively attending the many functions in the revitalized Downtown and Waterfront/Marina, visiting the less crowded restaurants and area beaches of Hutchinson Island, and boating in the wide Indian River Lagoon and through arguably the best and safest pass to the Atlantic Ocean on Florida s East oat The Ft ierce Inlet. As a national or regional retailer you can wait for your competitors to gain a competitive advantage by recognizing Ft ierce is slowing becoming an event destination location for many South Florida residents and miss identifying the best retail locations. So, before you simply dismiss Ft ierce like in the past you may want to reconsider your site selection criteria and actually drive the area market. It is common to see the herd mentality to primary markets even though many are becoming oversaturated with retail while secondary and tertiary markets like Ft ierce remain underserved. Typically you will find both rents as well as prices of land and improved properties to be more favorable than those in primary markets. As a leading commercial brokerage firm serving this market SL ommercial challenges you to look outside the proverbial box and explore the business opportunities awaiting your company as we feel there has never been a better time to capitalize on the opportunities in Ft ierce. While your company may be experiencing softer or even declining same store sales numbers in oversaturated markets Ft ierce represents an opportunity to capitalize on the leakage that this market has been experiencing for too long. all Mike Yurocko, IM, at SL ommercial (772) for assistance with any of your retail needs in Ft ierce.

6 ZONING 3 Fort ierce SL OMMERIAL ERMITTED USES ONDITIONAL USES ZONING DISTRIT RESIDENTIAL Household Living -Multi-Dwelling Building -Vertical Mixed-Use Building Group Living (except as noted below) -ommunity Residential Home, Type 2 (7-14 residents) UBLI AND IVI ommunity/ultural (except as noted below) -ommunity enter -Fraternal Organization/Lodge -Library or ultural Exhibit -Environmental Research and Education Facilities Day are -Adult Day are enter -Day are enter -hild are Facility Educational Facilities -ollege or University -Elementary, Middle or High School - ublic -Elementary, Middle or High School - rivate Government Facilities (except as noted below) -ost Office -Safety Service Medical Facilities (except as noted below) -Hospital -Nursing Home ark and Open Space (except as noted below) -emetery/olumbarium/mausoleum -ountry lub/golf ourse assenger Terminal -Rail/Bus Terminal -Bus Shelter -Taxi Terminal Religious Institution Social Service Institution (except as noted below) -Halfway Houses Utilities -Minor, other -Major -Utility abinets, Above Ground 3

7 ZONING 3 Fort ierce SL OMMERIAL OMMERIAL Eating and Drinking Establishments -Brew ub -offee Shop -Neighborhood Bistro -Neighborhood afé -Restaurants, Fast Food -Restaurant and Bar -Wine/igar Bar Entertainment, Indoor (except as noted below) -Adult Establishment -Arcade Amusement enter -Bar or Nightclub -Theater Entertainment, Outdoor (except as noted below) -Batting ages, Driving Ranges -Stables or Equestrian Facilities -Stadium or Arena Marine-Related ommercial(except as noted below) -Boat and Marine Equipment Sales -Marina/Boat Livery Office -Administrative, rofessional, General, Medical Office -Day Labor Employment Agency -Medical and Dental linic -Television and Radio Studios Overnight Accommodations -Bed & Breakfast -Hotel/Motel -Recreational Vehicle ark -Resort Hotel arking, ommercial Retail Sales & Service, Sales-Oriented (except as noted below) -Art Gallery -Farmers Market or Farm Stand -Grocery or Liquor Store -Neighborhood ommercial Sale -Office Supplies & Electronics -et Stores

8 ZONING 3 Fort ierce SL OMMERIAL Retail Sales & Service, ersonal-service Oriented (except as noted below) -Art Studio -Animal are Facilities & Service -Animal Grooming Services -heck ashing/loan Service -Educational Service Establishments -Laundry & Dry leaners ick-up -Laundromat -Mortuaries or Funeral Homes -Neighborhood ommercial Services -awn Shop -ersonal Improvement Service -Veterinary (Without Outdoor Runs) Retail Sales & Service, Repair-Oriented Self-Service Storage Vehicle Sales & Service -Automobile Rentals -Automobile Sales -Boat Rentals -Boat Sales -Fueling Station -Travel laza -Truck Stop -Vehicle Repair, General -Vehicle Repair, Limited -Vehicle Storage INDUSTRIAL Artisan -abinet Shops, Woodworking Light Industrial Service (except as noted below) -atering Facility, Large-Scale -rematorium -Building Maintenance Facilities And Services -ontractors/others erforming Services Off-Site -Microbrewery -Research Service Marine-Related Industrial Warehouse & Freight (except as noted below) -arcel Service Wholesale Trade ommunity Gardens Telecommunication Facility -Antenna Support Structure -Antenna (on existing structure)

9 ZONING G St Lucie ounty SL OMMERIAL G OMMERIAL, GENERAL. ermitted Uses: a. Adjustment/collection and credit reporting services. (732) b. Advertising. (731) c. Amphitheaters. (999) d. Amusements and recreation services - except stadiums, arenas, race tracks, amusement parks and bingo parlors. (79) e. Apparel and accessory stores. (56) f. Automobile dealers. (55) g. Automotive rental, repairs and serv. (except body repairs). (751, 753, 754) h. Beauty and barber services. (723/724) i. Building materials, hardware and garden supply. (52) j. leaning services. (7349) k. ommercial printing. (999) l. ommunications - except towers. (48) m. omputer programming, data processing and other computer serv. (737) n. ontract construction serv. (office and interior storage only). (15/16/17) o. ultural activities and nature exhibitions. (999) p. Duplicating, mailing, commercial art/photo. and stenog. serv. (733) q. Eating places. (581) r. Educational services - except public schools. (82) s. Engineering, accounting, research, management and related services. (87) t. Equipment rental and leasing services. (735) u. Executive, legislative, and judicial functions. (91/92/93/94/95/96/97) v. Farm labor and management services. (076) w. Financial, insurance, and real estate. (60/61/62/63/64/65/67) x. Food stores. (54) y. Funeral and crematory services. (726) z. Gasoline service stations. (5541) aa. General merchandise stores. (53) bb. Health services. (80) cc. Home furniture and furnishings. (57) dd. Landscape and horticultural services. (078) ee. Laundry, cleaning and garment services. (721) ff. Membership organizations subject to the provisions of Section (86) gg. Miscellaneous retail (see SI ode Major Group 59): (1) Drug stores. (591) (2) Used merchandise stores. (593) (3) Sporting goods. (5941) (4) Book and stationary. (5942/5943) (5) Jewelry. (5944) (6) Hobby, toy and games. (5945) (7) amera and photographic supplies. (5946) (8) Gifts, novelty and souvenir. (5947)

10 ZONING G St Lucie ounty SL OMMERIAL G OMMERIAL, GENERAL. ermitted Uses ontinued: (9) Luggage and leather goods. (5948) (10) Fabric and mill products. (5949) (11) atalog, mail order and direct selling. (5961/5963) (12) Liquefied petroleum gas (propane). (5984) (13) Florists. (5992) (14) Tobacco. (5993) (15) News dealers/newsstands. (5994) (16) Optical goods. (5995) (17) Misc. retail (See SI ode for specific uses). (5999) hh. Miscellaneous personal services (see SI ode Major Group 72): (1) Tax return services. (7291) (2) Misc. retail (See SI ode for specific uses). (7299) ii. Miscellaneous business services (see SI ode Major Group 73): (1) Detective, guard and armored car services. (7381) (2) Security system services. (7382) (3) News syndicate. (7383) (4) hotofinishing laboratories. (7384) (5) Business services - misc. (7389) jj. Mobile home dealers. (527) kk. Mobile food vendors (eating places, fruits and vegetables-retail). (999) ll. Motion pictures. (78) mm. Motor vehicle parking-commercial parking and vehicle storage. (752) nn. Museums, galleries and gardens. (84) oo. ersonnel supply services. (736) pp. hoto finishing services. (7384) qq. hotographic services. (722) rr. ostal services. (43) ss. Recreation facilities. (999) tt. Repair services. (76) uu. Retail trade-indoor display and sales only, except as provided in Section (999) vv. Social Services: (1) Individual and family social services. (832/839) (2) hild care services. (835) (3) Job training and vocational rehabilitation services. (833) ww. Travel agencies. (4724) xx. Veterinary services. (074)

11 ZONING G St Lucie ounty SL OMMERIAL G OMMERIAL, GENERAL. onditional Uses: a. Adult establishments subject to requirements of Section (999) b. Drinking places (alcoholic beverages) - free-standing. (5813) c. Disinfecting and pest control services. (7342) d. Amusement parks. (7996) e. Go-cart tracks. (7999) f. Hotels and motels. (701) g. Household goods warehousing and storage-mini-warehouses. (999) h. Marina - recreational boats only. (4493) i. Motor vehicle repair services - body repair. (753) j. Sporting and recreational camps. (7032) k. Retail trade: (1) Liquor stores. (592) l. Stadiums, arenas, and race tracks. (794) m. Telecommunication towers - subject to the standards of Section (999) Accessory Uses. Accessory uses are subject to the requirements of Section , and include the following: a. Drinking places (alcoholic beverages as an accessory use to a restaurant and/or civic, social, and fraternal organizations). b. One (1) single-family dwelling unit contained within the commercial building, or a detached singlefamily dwelling or mobile home, (for on-site security purposes). c. Retail trade: (1) Undistilled alcoholic beverages (accessory to retail sale of food). d. Solar energy systems, subject to the requirements of Section

12 ZONING O St Lucie ounty SL OMMERIAL O OMMERIAL, OFFIE. ermitted Uses: a. Adjustment/collection and credit reporting services. (732) b. Advertising. (731) c. ommunications - except towers. (48) d. omputer programming, data processing and other computer related services. (737) e. ontract construction services - office only. (15, 16, 17) f. Duplicating, mailing, commercial art/photography and stenographic services. (733) g. Engineering, accounting, research, management and related services. (87) h. Executive, legislative, and judicial functions. (91, 92, 93, 94, 95, 96, 97) i. Finance, insurance, and real estate services. (60, 61, 62, 63, 64, 65, 67) j. Health services - except nursing homes and hospitals. (80) k. Membership organizations subject to the provisions of Section (86) l. Miscellaneous business services: (1) Detective, guard and armored car services. (7381) (2) Security system services. (7382) (3) News syndicate. (7383) (4) hotofinishing laboratories. (7364) (5) Business Services - misc. (7389) m. ersonnel supply services. (736) n. Social services: (1) Individual and family social services. (832/839) o. Travel agencies. (4724) onditional Uses: a. hild care services. (835) b. Television and radio transmitting towers. (999) c. Telecommunication towers - subject to the standards of Section (999) Accessory Uses. Accessory uses are subject to the requirements of Section and include the following: a. Eating and drinking places (undistilled alcoholic beverages as an accessory to a restaurant). b. ostal services. (43) c. Solar energy systems, subject to the requirements of Section

13 DISLAIMERS SL OMMERIAL This presentation package has been prepared by the company representing the property for informational purposes only and does not purport to contain all information necessary to reach a purchase decision. The information herein has been given by the Owner or other sources believed to be reliable, but it has not necessarily been independently verified by the ompany representing the property and neither its accuracy nor its completeness is guaranteed. This information is subject to errors, omissions, changes, prior sale or withdrawal without notice by the ompany representing the property and does not constitute a recommendation, endorsement or advice as to the value for the purchase of any property. Each prospective lessee or purchaser is to rely upon his/her own investigation, evaluation and judgment as to the advisability of leasing or purchasing the property. Furthermore, any financial information and calculations presented in this analysis are believed to be accurate, but are not guaranteed and are intended for the purposes of projection and analysis only. The user of this financial information contained herein should consult a tax specialist concerning his/her particular circumstances before making any investment.