1175 Tomyn Boulevard, Winter Garden, FL 34787 · 2019. 8. 14. · Property Information Address 1175...

3.27 BUILDABLE ACRES NEXT TO PET PARADISEVACANT LAND ENTITLED FOR 16,000 SF OF RETAIL SPACE

1175 Tomyn Boulevard, Winter Garden, FL 34787

OFFERING MEMORANDUM

SITE

WINDERMERE ROAD

RO

BER

TSO

N R

OA

D

STATE ROAD 429 FLORID

A TU

RNPIKE

STATE ROA

D 50

WINTER GARDEN VILLAGE

Location Map

Aerial View

Property Overview

Land Survey

Site Plan

Market Overview

Submarket Overview

5

6

8

10

12

13

14

THE PROPERTY 4

Table of Contents

SITE

PET PARADISE

Offers should be presented in the form of a non-binding

Letter of Intent delineating the significant terms and

conditions of the Purchaser’s offer including, but not

limited to:

1. Purchase Price

2. Due diligence and closing time frame

3. Earnest money deposit

4. Qualifications to close

OFFERING PROCESSThis confidential Offering Memorandum was prepared by The Dowd Companies and has been

reviewed by Owner. It contains selected information pertaining to the Properties and does not

purport to be all-inclusive, nor to contain all the information that a prospective investor may

desire. This presentation is not an offer to sell or a solicitation to buy any securities, and is

subject to prior placement, errors, omissions, changes or withdrawal without notice and does not

constitute a recommendation, endorsement, or advice as to the actual return of this investment.

Except for any historical information, such matters discussed herein are forward-looking

statements that are subject to certain risks and uncertainties that could cause the actual results

to differ materially from those projected, and could result in the loss of principal. Each prospective

investor is to rely upon its own investigation, evaluation and judgment as to the advisability

of the investment described herein. Sources of information contained within this Investment

Memorandum include, but are not limited to: CoStar, REIS, Real Capital Analytics, Google, MLS,

and the US Census Bureau.

The Dowd Companies expressly reserves the right, at its sole discretion, to reject any or all

expressions of interest or offers and/or to terminate discussions with any party at any time

with or without notice. The Dowd Companies shall have no legal commitment or obligation to any

investor reviewing this Offering Memorandum or making an offer to invest in the Property unless

a written agreement has been fully executed, delivered, and approved by the Owner and any

conditions to Owner’s obligations thereunder have been satisfied or waived.

This Offering Memorandum is the property of the The Dowd Companiesand may only be used

by parties approved by The Dowd Companies. The Property is being privately offered and by

accepting this Offering Memorandum, the party in possession hereof agrees that its contents are

of a confidential nature and will be held and treated in the strictest confidence. No portion of this

Offering Memorandum may be copied or otherwise reproduced or disclosed to anyone without

the prior written authorization of The Dowd Companies and Owner. The terms and conditions set

forth apply to this Offering Memorandum in its entirety.

BROKER DISCLOSURE

CONTACT:THE DOWD COMPANIES

5257 Fountains Drive S, Suite 102West Palm Beach, FL 33467

11800 Amberpark Drive, Suite 204Alpharetta, GA 30009

thedowdcompanies.com561.547.3000

INVESTMENT ADVISORS:THERESA JOHNSON

[email protected]

JOHN W. DOWD III

[email protected]

JOHN W. DOWD IV

Marketing [email protected]

3Ocoee Land Listing Broker Disclosure

The Dowd Companies, as exclusive advisor, is pleased to present for sale

a 3.27-acre, partially improved development site in the fast growing area

of Windermere, Winter Garden and Ocoee. This is an infill development

opportunity directly adjacent to a recently completed Pet Paradise Pet Resort,

one of the nations largest upscale pet care and boarding facilities. The site is

fully engineered with master storm water retention and shared access with

Pet Paradise. The property is approved for up to 16,000 square feet of retail/

commercial space and is zoned PUD in the City of Ocoee.

The Property boasts exceptional visibility, with strong frontage on

Windermere Road and excellent visibility to State Road 429 (Orlando’s

western beltway) with over 65,000 cars per day. The site is also near the

massive interchange of State Road 429 and the Florida Turnpike. Just south

of the site roughly 2 miles is the massive Winter Garden Village shopping

center which hosts such tenants as Super Target, Ross, Lowe’s, Home Goods,

Bed Bath and Beyond, Marshall’s and PetSmart.

With immediate proximity to many high-end residential communities, the

site presents a development opportunity that can serve as a neighborhood

shopping center and destination with restaurants and other “internet

resistant” businesses.

Executive Summary

Property Summary

Property NameVacant Land Entitled for

16,000 SF of Retail Space

Address1175 Tomyn Boulevard,

Winter Garden, FL 34787

Acreage3.27 Buildable Acres

7.37 Wetland Acres10.75 Total Acres

Entitlements 16,000 SF Retail Space

Zoning PUD, Planned Unit Development

Parcel No.31-22-28-0000-00-050

and 31-22-28-0000-00-054

Nearest Major IntersectionWindermere Road

and Roberson Road

Asking Price $1,600,000

N

4Property OverviewOcoee Land Listing

The Property

FLORIDA

ORLANDO

MIAMI

FT. LAUDERDALE

JACKSONVILLE

BOCA RATON

WEST PALM

ORLANDO

N


LOCATION MAP

MAGUIRE ROAD

WINDERMERE ROADR

OB

ERTS

ON

RO

AD

STATE ROAD 429

FLORID

A TU

RNPIKE

STATE ROA

D 50

N

65,000

29,196

12,926

7,836

144,000

SITE

WINTER GARDEN VILLAGE


AERIAL VIEW

N


REGIONAL LOCATION MAP

The property represents an infill development opportunity directly adjacent to a

recently completed Pet Paradise Pet Resort, one of the nations largest upscale pet

care and boarding facilities. The site is fully engineered with master storm water

retention and shared access with Pet Paradise. The property is approved for up to

16,000 square feet of retail/commercial space and is zoned PUD in the City of Ocoee.

The Property boasts exceptional visibility, with strong frontage on Windermere

Road and excellent visibility to State Road 429 (Orlando’s western beltway) with

over 65,000 cars per day. The site is also near the massive interchange of State

Road 429 and the Florida Turnpike. SITE

PET PARADISE

Property Summary

Property Name Vacant Land Entitled for 16,000 SF of Retail Space

Address1175 Tomyn Boulevard,

Winter Garden, FL 34787

Acreage3.27 Buildable Acres


Entitlements 16,000 SF Retail Space

Zoning PUD, Planned Unit Development

Parcel No. 31-22-28-0000-00-050 and 31-22-28-0000-00-054

Nearest Major IntersectionWindermere Road

and Roberson Road

Asking Price $1,600,000


Property Overview

Property Information

Address 1175 Tomyn Boulevard, Winter Garden, FL 34787

Entitled 16,000 SF

Parcel Size3.27 Buildable Acres


Year Built TBD (2020)

Parking Spaces Approximately 133

Average Daily Traffic Counts State Road 429: 65,000 Windermere RD: 7,836

Demographic Profile

Radius 1 Mile 3 Mile 5 Mile

Population 7,301 55,769 154,967

Households 2,372 18,760 52,846

Median HHI $119,363 $72,192 $69,960

Avg. HHI $153,692 $112,831 $104,286

WINDERMERE, FL


MB

MB


LAND SURVEY


PUD APPROVAL

AIR

UP

MB

BARKERITAVILLE PUDAMENDMENT NO. 1

17-009_PUD.dwg

1"=40'

C-11 1

5127 S. Orange Avenue, Suite 200Orlando, FL 32809Phone: 407-895-0324Fax: 407-895-0325

www.feg-inc.usDESIGNED BY DRAWN BY CHECKED BY APPROVED BY

PROJECT NO.

SCALE

DATE

SHEET NO.

SHEET OF

SIGNED IN THIS BLOCKCONSTRUCTION UNLESS

NOT VALID FOR

DATE REVISIONS BY CHECKED

1175 TOMYN BLVDOCOEE, FLORIDA

AUGUST 14, 2017

FLORIDAENGINEERINGGROUP

Engineering the Future

FEGFLORIDA ENGINEERING GROUP, INC.

CERTIFICATE No. EB-0006505

WILLIAM R. HOCKENSMITH, P.E.LICENSE NO. 35540WRH DG WRH WRH

17-009PET PARADISE RESORT

NOT TO SCALE

SITE VICINITY MAP

SITE

AIR

UP

MB

BARKERITAVILLE PUDAMENDMENT NO. 1

17-009_PUD.dwg

1"=40'

C-11 1

5127 S. Orange Avenue, Suite 200Orlando, FL 32809Phone: 407-895-0324Fax: 407-895-0325

www.feg-inc.usDESIGNED BY DRAWN BY CHECKED BY APPROVED BY

PROJECT NO.

SCALE

DATE

SHEET NO.

SHEET OF

SIGNED IN THIS BLOCKCONSTRUCTION UNLESS

NOT VALID FOR

DATE REVISIONS BY CHECKED

1175 TOMYN BLVDOCOEE, FLORIDA

AUGUST 14, 2017

FLORIDAENGINEERINGGROUP

Engineering the Future

FEGFLORIDA ENGINEERING GROUP, INC.

CERTIFICATE No. EB-0006505

WILLIAM R. HOCKENSMITH, P.E.LICENSE NO. 35540WRH DG WRH WRH

17-009PET PARADISE RESORT

NOT TO SCALE

SITE VICINITY MAP

SITE

WETLANDAREA

(INCLUDED)

WETLANDAREA

(INCLUDED)

BUILDABLEAREA


SITE PLAN

ORLANDO: Fastest-Growing Job MarketAccording to Forbes, Orlando ranked as the second fastest growing

metropolitan area in the country based on population, employment wages,

economic output and home price growth, and one of the top 25 metropolitan

areas across the country experiencing the biggest economic surges.

Orlando leads the United States in Job Growth, Boasting an incredible 4.3% YOY

growth in Nonfarm Jobs. Orlando’s 3.5% unemployment rate is also well below

the national 4.2% average, according to the BLS. Orlando’s economic recovery

has drawn industries outside of hospitality-related services, as Orlando has

become a true STEM powerhouse over the last decade.

FASTEST JOB GROWTH CITY

MOST VISITED U.S. CITY

FUTURE JOB GROWTH CITY

UNEMPLOYMENT RATE3.2%#1#1#3

2.0 100.0%

1.5 98.0%

1.0 96.0%

0.0 92.0%2014

Mill

ions

of S

F

New Delivery (SF) LHS Net Absorption (SF) LHS

ORLANDO — RETAILSupply & Demand, 2014 – 2018

Occupancy (%) RHS2015 2016 2017 2018 Q2

0.5 94.0%

$25.00 98.0%

$23.00 96.0%

$21.00 94.0%

$17.00 90.0%2014

Rental Rates ($/SF) LHS

ORLANDO — RETAILAverage Rental Rates, 2014 – 2018

Occupancy (%) RHS2015 2016 2017 2018 Q2

$19.00 92.0%

DOWNTOWN ORLANDO


Orange County Overview

WINDERMERE: #8 in Best Suburbs to Raise a Family in Orlando Area

OCOEE: One of the Fastest-Growing Cities in Orange County

WINTER GARDEN: Rich in History, Arts, Culture, and Florida Style

Windermere is a suburb of Orlando with a population of 3,261. Windermere

is in Orange County and is one of the best places to live in Florida. Living in

Windermere offers residents a suburban feel and most residents own their

homes. Residents of Windermere tend to lean conservative. The public schools

in Windermere are highly rated.

Strategically situated at the heart of Central Florida’s major highways and

expressways, this full-service city literally lives up to its name. Established

in 1925, Ocoee has progressed to accommodate a population of over 35,000

residents, making it one of the fastest-growing cities in Orange County. Just

a short distance from metropolitan Orlando and Walt Disney World, Ocoee’s

family-oriented hometown atmosphere offers its citizens countless recreational,

employment, and educational opportunities. With plenty of professional office,

commercial, and retail space, Ocoee is a great employment center.

Winter Garden, just west of Orlando and its theme parks, is known for its

old Florida style and charm, and a great place to visit in Central Florida. The

historic downtown, listed on the National Registry of Historic Places, is a favorite

destination, with shops and restaurants situated along the award-winning West

Orange Trail, part of the 250-mile Coast to Coast (C2C) Connector Trail across

Central Florida. If you’re a cycling enthusiast, this is the place for you.

Winter Garden is the cultural capital of West Orange County, with live

performances at the Garden Theatre, live music throughout the downtown on

the weekends and visual art at the SoBo Art Gallery. Saturdays are bustling with

the award-winning Winter Garden Farmers Market, offering a large selection of

vendors from locally grown produce and baked goods, to homemade soaps and

fresh flowers, and live entertainment each week.

OCOEE, FL


Submarket Highlights

thedowdcompanies.com 561.547.3000

SALES TEAM:

THE DOWD COMPANIES

Florida Office 5257 Fountains Drive S, Suite 102West Palm Beach, FL 33467

Georgia Office11800 Amberpark Drive, Suite 204Alpharetta, GA 30009

CONTACT:

JOHN W. DOWD IVMarketing [email protected]

JOHN W. DOWD [email protected]

THERESA [email protected]

1175 Tomyn Boulevard, Winter Garden, FL 34787 · 2019. 8. 14. · Property Information Address 1175...

Documents

Transcript of 1175 Tomyn Boulevard, Winter Garden, FL 34787 · 2019. 8. 14. · Property Information Address 1175...