FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2...

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This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished. F F O O R R S S A A L L E E Investment Financials: Actual NOI: $84,274 Actual CAP Rate: 5.62% 80% OF ASSET BELOW MKT RENTS *Based Upon Delivery of Property to Market Rents NOI: $107,940 CAP Rate: 7.20% *PROFORMA FINANCIAL OVERVIEW AVAILABLE Guy Wills BOSS Commercial Real Estate Licensed Commercial Real Estate Agent Cell: 407-529-7720 Fax: 321-549-6269 [email protected] www.BossCRE.com P ROPERTY H IGHLIGHTS Total Space: 10,956 SF +/- (Three separate buildings) Land Size: 1.02 acres Zoning: IMU Muni: Longwood Frontage: 225 FT frontage along S Ronald Reagan Signal controlled intersection of SR 434 and CR 427/S Ronald Reagan Blvd, Longwood, a short 300 FT away Pole Sign fronting the property with space available Building Signage above unit, fronting Ronald Reagan Parking Ratio: 3.00 spaces +/- per 1,000 SF Close to: I-4 (3 mi.+/- west) and US 17/92 (1.0 mi.+/- east) Shadows: CVS, Walgreens, Wawa, Sonic ++ South Seminole Hospital: less than ½ mile away on SR 434 Well occupied property with strategic location Purchase Price: $1,599,999 Cost PSF: $146 +/- RETAIL/OFFICE 185 S RONALD REAGAN BLVD, LONGWOOD, FL 32750

Transcript of FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2...

Page 1: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

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Investment Financials: Actual NOI: $84,274 Actual CAP Rate: 5.62%

80% OF ASSET BELOW MKT RENTS *Based Upon Delivery of Property to Market Rents

NOI: $107,940 CAP Rate: 7.20%

*PROFORMA FINANCIAL OVERVIEW AVAILABLE

Guy Wills BOSS Commercial Real Estate

Licensed Commercial Real Estate Agent

Cell: 407-529-7720 Fax: 321-549-6269

[email protected] www.BossCRE.com

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Total Space: 10,956 SF +/- (Three separate buildings)

Land Size: 1.02 acres Zoning: IMU Muni: Longwood

Frontage: 225 FT frontage along S Ronald Reagan

Signal controlled intersection of SR 434 and CR 427/S

Ronald Reagan Blvd, Longwood, a short 300 FT away

Pole Sign fronting the property with space available

Building Signage above unit, fronting Ronald Reagan

Parking Ratio: 3.00 spaces +/- per 1,000 SF

Close to: I-4 (3 mi.+/- west) and US 17/92 (1.0 mi.+/- east)

Shadows: CVS, Walgreens, Wawa, Sonic ++

South Seminole Hospital: less than ½ mile away on SR 434

Well occupied property with strategic location

Purchase Price: $1,599,999 Cost PSF: $146 +/-

RETAIL/OFFICE 185 S RONALD REAGAN BLVD, LONGWOOD, FL 32750

Page 2: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

POTENTIAL DEVELOPMENT PLAY TO SUBJECT’S EAST

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

Subject Property

Potential Development Play Affecting

the Blue Outlined Area

427

ACCESS FOR DEVELOPMENT PLAY

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Page 3: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

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Scott Garrett

407.733.8159 mobile

[email protected]

Boss Commercial Real Estate, LLC Licensed Real Estate Brokers

1106 Ermine Ave Winter Springs, FL 32708

407-733-8159

321-549-6269 fax

www.BossCRE.com

Boss Commercial Real Estate, LLC Licensed Real Estate Brokers

1106 Ermine Ave Winter Springs, FL 32708

Tel: 407-529-7720 Fax: 321-549-6269

www.BossCRE.com

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

Traffic Counts S Ronald Reagan Blvd (CR 427) 23,095 average daily 1 mile 3 mile 5 mile Population: 5,862 69,917 195,654 Households: 2,234 28,301 79,384 Avg. HH Income: $64,796 $65,343 $75,620

427

427

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Guy Wills Cell: 407.529-7720

[email protected]

www.BossCRE.com

MAP OVERVIEW

Page 4: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

SUBJECT PROPERTY AREA AERIAL OVERVIEW

427 Building 1

Property Size 1.02 AC +/-

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

SR 434 CORRIDOR RETAIL OVERVIEW

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Building 3

Building 2

Page 5: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

Boss Commercial Real Estate, LLC Licensed Real Estate Brokers

1106 Ermine Ave Winter Springs, FL 32708

Tel: 407-529-7720 Fax: 321-549-6269

www.BossCRE.com

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Scott Garrett Cell: 407.733.8159

[email protected]

www.BossCRE.com

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CITY OF LONGWOOD SITE DEVELOPMENT ANALYSIS AND RETAIL STRATEGY

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Page 6: FFOORR SSAALLEE - LoopNet...SR 434 CORRIDOR RETAIL OVERVIEW FFOORR SSAALLEE Building 3 Building 2 This information is from sources we deem reliable and is subject to prior sale, lease,

This information is from sources we deem reliable and is subject to prior sale, lease, withdrawal without notice, or change in prices, rates, or conditions. No representation is made as to the accuracy of any information furnished.

RETAIL MARKET ANALYSIS

7/2015 COMMISSIONED BY THE CITY OF LONGWOOD

Prepared for: City of Longwood

Prepared by: Gibbs Planning Group

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