TOLEDO BLADE COMMERCIAL OUTPARCELS acres, City of North Port, FL Bank Owned

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Offering Memorandum TOLEDO BLADE COMMERCIAL OUTPARCELS 14.41 acres, City of North Port, FL Bank Owned www.yatesandcompany.net TOLEDO BLADE COMMERCIAL OUTPARCELS Disclaimer: While the information contained in this Memorandum and any other Evaluation Material is believed to be reliable, Owner does not guarantee its accuracy or completeness North Port as such information is provided without representation or warranty by Owner. Because of the foregoing and since the Property is being offered on an "As-Is, Where-Is" basis, a prospective investor or other party authorized by the prospective investor to use such material solely to facilitate the prospective purchaser's investigation, must make its independent investigations, projections and conclusions regarding the acquisition of the Property without reliance on this Memorandum or any other Evaluation Material. Although additional Evaluation Material, which may include engineering, environmental or other reports, may be provided to qualified parties as the marketing period proceeds, prospective purchasers should seek advice from their own attorneys, accountants, engineers and environmental experts.

Yates & Company Realty, LLC is pleased to present TOLEDO BLADE COMMERCIAL OUTPARCELS, 14.41 acres platted in five (5) Commercial parcels fully approved for General Commercial uses, and common area tracts. Excellent visibility and frontage on Interstate 75, N. Toledo Blade Blvd. and N. Cranberry Blvd. The Sarasota County School Board purchased the northern parcel in December 2015 and is currently under construction on Suncoast Technical College, a Public Library and Conference Center, scheduled to open Fall 2017. All Zoning, Platting, Master Development and Wetland permits have been issued for the property. Perfect Location for retail, hotel, restaurant and offices to support local, regional and college related demands. PROPERTY DETAILS Total Acres: 14.41 acres Location: Interstate 75, Exit 179 and N. Toledo Blade Blvd Land Use: City of North Port AC-4 Activity Center Zoning: CG Commercial General Plat: Suncoast Technical College Commercial Subdivision, PB 49 PG 42 Tax Folios: 960001001, 96001002, 96001003, 96001004, 960010005, 960010007 Ownership: Bank Owned, REO Sale List Price: $4,200,000 DEVELOPMENT HIGHLIGHTS Frontage on Interstate 75, North Toledo Blade Boulevard and North Cranberry Boulevard City of North Port Commercial Activity Center, Economic Incentives offered by City and County On-site Suncoast Technical College, Shannon Staub Public Library and City of North Port Conference Center, Opening Fall 2017 SWFWMD Formal Wetland Determination issued 11/2014, and Wetland Mitigation has been completed for Lot Development North Port Development Master Plan, approved 6/2015 Signalized intersection at N Toledo Blade Blvd. and N Cranberry Blvd. existing Master Site Development, including access from Career Lane, Main Water, Sewer, Stormwater and Utilities, to be completed Fall 2017 FDOT $22.8M Programmed Improvements for expansion of Interstate 75 to six lanes underway at North Toledo Blade Boulevard to Sumter Boulevard

TOLEDO BLADE COMMERCIAL OUTPARCELS Suncoast Technical College Commercial Subdivision www.yatesandcompany.net Suncoast Technical College Commercial Subdivision, Plat Approved Dec 2015, PB 49 PG 42 Lot 1 1.84 acres Lot 2 1.82 acres Lot 3 1.82 acres Lot 4 1.81 acres Lot 5 1.83 acres Stormwater, Canal, Drainage Tracts 501,801,901 5.29 acres

Opportunities in City of North Port and Sarasota County Central Demographic Location within Florida Population Density Toledo Blade Commercial Over 18 Million Consumers Live within 3 hour driving distance Located within the City of North Activity Center #4 directing Economic Growth and future Employment.

SUNCOAST TECHNICAL COLLEGE www.cityofnorthport.com

City of North Port Contact Information: N. Cranberry Blvd Brenda J. Yates, Broker Yates & Company Realty, LLC 255 Alhambra Circle Suite 1160 Coral Gables, FL 33134 Phone: 305-446-0406 Cell: 786-258-6500 Fax: 305-476-1519 www.yatesandcompany.net Email: Brenda@yatesandcompany.net