7900 E. Colonial Dr., Orlando, FL 32807

Transcription

1 SUBJECT PROPERTY N Offering Memorandum 7900 E. Colonial Dr.,, FL Vacant Development Site Located Across Street From New Wawa $995,000

2 Confidentiality and Restricted Use Agreement This Confidential Offering Memorandum ( COM ) is provided by Stan Johnson Company ( SJC ), solely for your consideration of the opportunity to acquire the commercial property described herein (the Property ). This COM may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of SJC. This COM does not constitute or pertain to an offer of a security or an offer of any investment contract. This COM contains descriptive materials, financial information and other data compiled by SJC for the convenience of parties who may be interested in the Property. Such information is not all inclusive and is not represented to include all information that may be material to an evaluation of the acquisition opportunity presented. SJC has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof. All summaries and discussions of documentation and/or financial information contained herein are qualified in their entirety by reference to the actual documents and/or financial statements, which upon request may be made available. An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon SJC. The Property may be financed or withdrawn from the market without notice, and its owner(s) reserve(s) the right to negotiate with any number of interested parties at any time. The Property is offered and sold by its owner(s) as is, where is, and with all faults, without representation or warranty of any kind except for any customary warranties of title. Offered Exclusively by James Ullrich Associate Director jullrich@stanjohnsonco.com FL License # BK Stan Johnson Company 180 Madison Ave, Suite 1500 New York, NY P: stanjohnsonco.com BY ACCEPTING THIS COM, YOU AGREE THAT: (1) all information contained herein, and all other information you have received or may hereafter receive from SJC relating to the Property, whether oral, written or in any other form (collectively, the Information ), is strictly confidential; (2) you will not copy or reproduce, and claim as your own without attribution to SJC, all or any part of this COM or the Information; (3) upon request by SJC at any time, you will return and/or certify your complete destruction of all copies of this COM and the Information; (4) for yourself and all your affiliates, officers, employees, representatives, agents and principals, you hereby release and agree to indemnify and hold harmless SJC all of its affiliates, officers, employees, representatives, agents and principals, from and with respect to any and all claims and liabilities arising from or related to the receipt or use of this COM and/or any other Information concerning the Property; (5) you will not provide this COM or any of the Information to any other party unless you first obtain such party s acceptance and approval of all terms, conditions, limitations and agreements set forth herein, as being applicable to such party as well as to you; and (6) monetary damages alone will not be an adequate remedy for a violation of these terms and that SJC shall be entitled to equitable relief, including, but not limited to, injunctive relief and specific performance, in connection with such a violation and shall not be required to post a bond when obtaining such relief.

3 Section One Executive Summary

4 Offering Price: $995,000 Investment Summary Stan Johnson Company is please to announce the opportunity to acquire a 1.30 Acre, retail infill site in, FL ("Property"). The Property boasts 200' of frontage on Colonial Drive (~50,000 AADT). Wawa recently developed across Colonial Drive from the Property. Nearby retailers include McDonalds, DQ, Checkers, Taco Bell, Advanced Auto Parts, and more. Property Summary Address: 7900 E. Colonial Dr.,, FL Land Area: 1.30 Acres S Subject Property 7900 E Colonial Dr, FL 4

5 Section Two Real Estate Overview

6 Property Overview Basic Information Address 7900 E. Colonial Dr., FL Jurisdiction Orange County Property Type Land Land Use Zoned C-3 (retail, car dealerships, light industrial) Occupancy Marketed as "Vacant Land" for development, but currently includes a 2,157 SF building occupied by a local market and a 994 SF single family home. Building SF 2,157 SF Market 994 SF Home 3,151 SF N Land Area 1.30 Acres 7900 E Colonial Dr, FL 6

7 Location Overview is an international business center. While is renowned worldwide for its tropical climate and relaxed lifestyle, the region also is one of the top 10 locations in the country for business. From corporate headquarters to regional distribution centers, from product manufacturing to high tech research, the region of Orange, Seminole, Lake and Osceola counties and the City of spans a dynamic economic spectrum. Downtown draws businesses of all types and especially corporate headquarters. Some of those that have selected downtown include BBA Aviation, Signature Flight Services, CuraScript and Indra Systems, Inc. Numerous major multi-use commercial projects are on the drawing board. An unprecedented level of office development is planned for downtown. All told, more than one million additional square feet of construction has been announced for the downtown business district. But, downtown is more than just business. Ten public and private secondary schools, all noted for excellence and innovative teaching, bring schoolchildren of all socio-economic realms into our downtown on a daily basis. Downtown is also alive with higher education. In addition to its downtown center that specializes in continuing education, the University of Central Florida s Interactive Entertainment Academy s (FIEA) state-of-the-art facilities and faculty train graduate-level game developers on an innovative campus once housed the City s local expo center. UCF is also planning an expanded downtown campus to enhance educational opportunities for students which will further energize downtown. Florida A&M s Law School opened in downtown in fall Florida State University s Medical School has a regional campus in Delaney Park, just south of downtown, where third and fourth year medical students complete their training through involvement with two of the nation s largest healthcare systems, both of which are also located in downtown. Valencia College also has a downtown campus. Top Employers Company Walt Disney World Resort City Industry Employment Lake Buena Vista Leisure & Hospitality 74,000 Universal (Comcast) Leisure & Hospitality 19,000 Adventist Health System/ Florida Hospital Various Healthcare 18,668 Walgreens Specialty Pharmacy Healthcare 6,500 Darden Restaurants Restaurants 6,419 SeaWorld Parks & Entertainment Leisure & Hospitality 6,032 Lockheed Martin Aerospace/Defense 5,774 Westgate Resorts Leisure & Hospitality 5,761 Health Healthcare 4,586 Siemens Advanced Manufacturing 4,448, FL 7900 E Colonial Dr, FL 7

8 SUBJECT PROPERTY The Subject Property is +/- 8 miles from downtown. N 7900 E Colonial Dr, FL 8

9 Surrounding Area +/- 1 mile from Central FL Greeneway (87,917 VPD) N GOLDENROD DR (38,582 VPD) E COLONIAL DR (56,939 VPD) SUBJECT PROPERTY N CHICKASAW TRAIL (13,121 VPD) N 7900 E Colonial Dr, FL 9

10 CERTIFIED BUILDING SYSTEMS INC. E COLONIAL DR (56,939 VPD) SUBJECT PROPERTY Evans Food Mart N 7900 E Colonial Dr, FL 10

11 1.30 AC N 7900 E Colonial Dr, FL 11

12 Demographics 7900 E Colonial Dr,, Florida, mi. 0-5 mi mi. Population 2017 Population 11, , , Population 12, , , Annual Rate 1.17% 1.57% 1.48% Annual Rate 1.44% 1.67% 1.56% SUBJECT PROPERTY Households 2017 Total Households 4,110 41, , Total Households 4,398 44, , Annual Rate 1.01% 1.45% 1.33% Annual Rate 1.36% 1.62% 1.50% 3 mile Income 2017 Average Household Income $50,767 $60,865 $68,785 5 miles 2017 Per Capita Income $19,147 $23,936 $27,805 $68,785 Avg. HH Income within 5 miles 10 miles 294,791 N Population within 10 miles 7900 E Colonial Dr, FL 12

13 going beyond James Ullrich Associate Director FL License # BK Stan Johnson Company 180 Madison Ave, Suite 1500 New York, NY P: stanjohnsonco.com The information contained herein was obtained from sources believed reliable, however, Stan Johnson Company makes no guaranties, warranties or representations as to the completeness thereof. The presentation of this property for sale, rent or exchange is submitted subject to errors, omissions, change of price or conditions, or withdrawal without notices.