REDEV ECOLONIAL GAS STATION

Transcription

1 REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL Ali Mushtaq Senior Advisor ali.mushtaq@svn.com Mital Saraiya Advisor mital.saraiya@svn.com SVN FLORIDA COMMERCIAL REAL ESTATE ADVISORS 174 W. COMSTOCK AVE., SUITE 115, WINTER PARK, FL OFFERING MEMORANDUM

2 PROPERTY INFORMATION 3 Property Summary Property Description Complete Highlights LOCATION INFORMATION 7 Regional Map Location Maps Area Retail Area Retail Parcel Outline Storage Within 5 Mile Radius DEMOGRAPHICS 14 Demographics Report Demographics Map Orlando ADVISOR BIOS 18 Advisor Bio & Contact 1 Advisor Bio & Contact 2 Back Page REDEV ECOLONIAL GAS STATION E COLONIAL DR, ORLANDO, FL OFFERING MEMORANDUM

3 1 PROPERTY INFORMATION E Colonial Dr Orlando, FL REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 3

4 Property Summary OFFERING SUMMARY Sale Price: $2,200,000 Lot Size: 2.29 Acres Zoning: C-1 & A-2 PROPERTY OVERVIEW Parcel is ideal for redevelopment (REDEV) into several type uses: Retail, Restaurant, QSR, or Rezone into C-2 for Climate Control Storage Development. Parcel sits on 250FT frontage on East Colonial Drive. Seller says ESA is clean and will deliver free of any tenants/business. PROPERTY HIGHLIGHTS REDEV Opportunity Land Size 2.29 Acres Market: Orlando MSA Zoned C-1 & A-2 Submarket: East Colonial Drive Price / SF: $22.05 REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 4

5 Property Description PROPERTY OVERVIEW Parcel is ideal for redevelopment (REDEV) into several type uses: Retail, Restaurant, QSR, or Rezone into C-2 for Climate Control Storage Development. Parcel sits on 250FT frontage on East Colonial Drive. Seller says ESA is clean and will deliver free of any tenants/business. LOCATION OVERVIEW Parcel is located East of Highway 408, and located between Woody Way Street and Pel Street. Full access on signalized intersection on E. Colonial Drive & Pebble Beach Blvd. REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 5

6 Complete Highlights SALE HIGHLIGHTS REDEV Opportunity Land Size 2.29 Acres Zoned C-1 & A-2 REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 6

7 2 LOCATION INFORMATION E Colonial Dr Orlando, FL REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 7

8 Regional Map REDEV EColonial Gas Station REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 8

9 Location Maps REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 9

10 Area Retail REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 10

11 Area Retail REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 11

12 Parcel Outline REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 12

13 Storage Within 5 Mile Radius REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 13

14 3 DEMOGRAPHICS E Colonial Dr Orlando, FL REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 14

15 Demographics Report 1 MILE 3 MILES 5 MILES Total population 8,866 64, ,003 Median age Median age (male) Median age (female) Total households 3,302 21,630 48,465 Total persons per HH Average HH income $54,494 $65,333 $67,568 Average house value $137,993 $265,944 $278,728 * Demographic data derived from 2010 US Census REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 15

16 Demographics Map POPULATION 1 MILE 3 MILES 5 MILES Total population 8,866 64, ,003 Median age Median age (male) Median age (Female) HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 3,302 21,630 48,465 # of persons per HH Average HH income $54,494 $65,333 $67,568 Average house value $137,993 $265,944 $278,728 * Demographic data derived from 2010 US Census REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 16

17 Orlando Orlando is an area in the central region of Florida. Also known as Greater Orlando it is a popular tourist destination thanks to the many theme parks in the area. Famous attractions include Walt Disney World, SeaWorld Orlando and Universal Orlando. Millions of tourists visit these and other attractions every year. As one of the nation s fastest growing labor markets, adding more than 3,500 new jobs per month, Orlando is positioned to continue its trajectory as one of the nation s top locations for job growth. Opportunities abound in industries ranging from business services to construction and from healthcare to manufacturing The nation's total metro area population will grow by 24 percent from and will be especially fast in some of the largest metros. Population will increase by more than 50 percent during that time in Orlando; Dallas; Houston; Phoenix; Riverside, Calif.; Austin, Texas; and San Antonio. Orlando consistently has boasted record-breaking visitation numbers, with 68 million visitors last year, up from the 2015's 66 million visitors. The number of metro jobs also is expected to grow. Orlando's economy has greatly diversified from tourism, and the area is now considered a primary city for the modeling, simulation and training (MS&T) industry. The University of Central Florida is home to more than 60,000 students, the second largest public university campus by enrollment and established the UCF College of Medicine in The Central Florida Research Park is the seventh largest research park in the United States by number of employees, and fourth largest by number of companies. In addition to having a Lockheed Martin branch, it also hosts other major hi-tech companies such as Oracle Corporation, Electronic Arts, and Siemens. Orlando is targeting the biotechnology and life sciences industries, with major new projects clustering in the Lake Nona Medical City. In addition to the UCF College of Medicine, a VA Hospital, a Sanford-Burnham Institute research center[when?] and a Nemours Foundation children's hospital are being constructed. Orlando has more than $9 billion in infrastructure construction. Notable projects include the Interstate 4 expansion, Orlando International Airport and Orlando Sanford International Airport expansions and SunRail s phase 2, according to the Orlando Economic Partnership s 2017 second quarter insight for Orlando. In addition, the Central Florida Expressway Authority recently announced it adopted its largest plan ever, which would create more than 11,000 jobs within five years. REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 17

18 4 ADVISOR BIOS E Colonial Dr Orlando, FL REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 18

19 Advisor Bio & Contact 1 ALI MUSHTAQ Senior Advisor 174 W. Comstock Ave. Suite 115 Winter Park, FL T C ali.mushtaq@svn.com FL #SL PROFESSIONAL BACKGROUND SVN is now Top #6 most recognized brand in Commercial Real Estate. Ali Mushtaq serves as Senior Advisor for SVN Florida specializing in the Sale & Development of Retail, Commercial, Residential, Mixed Use Land in (Orlando MSA) With 15 years of experience. Prior to joining SVN, Ali served as Commercial Associate for a national commercial real estate company, where he worked with several major Developers, Builders seeking Land for Acquisition & Development. Previously he served as 2013 Vice President of Finance for CFCAR and served as 2014 VP of Operations for CFCAR. Ali also served in CFCAR's Commercial Professional Committee. Ali s transactions include many Multi Million Dollar Transactions: *Maingate Flea Market sale $ 6,500,000 *PDQ Chicken Lease East Orlando value $3.24M *Land Sale Osceola Pkwy/Dyer Blvd, Kissimmee $2.1M *CVS Ground Lease W192/Sherberth Rd, Kissimmee value $9M He has several Multi Million Dollars contracts in pending status for 2018, 2019 His knowledge in business & commercial real estate combined with his performance in commercial finance allows his clients a one stop shop, in which why he has earned so much respect from numerous clients. His knowledge in business & commercial real estate combined with his performance in commercial finance allows his clients a one stop shop, in which why he has earned so much respect from numerous clients. Active in the commercial real estate industry, Ali is a member of ICSC, CFCAR & Florida CCIM Chapter. Local Expertise: Ali is an experienced Commercial Investment Advisor with SVN Florida. He works with many of the top owners / developers and retailers in the country. Primary Specialty Land Sales / Development & Redevelopment * Commercial Investment Advisor * Sale - Retail Investments * Land Development / Redevelopment *Landlord Representation REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 19

20 Advisor Bio & Contact 2 MITAL SARAIYA Advisor 1275 West Granada Boulevard Suite 5B Ormond Beach, FL T C mital.saraiya@svn.com PROFESSIONAL BACKGROUND I was born and educated in Baroda India getting my Bachelor of Commerce at MS University of Baroda.. My love for real estate and property management was evident very soon. I have managed properties for many for 20 years. All clients have needs and I have assisted in a variety of types from homes and condos, to business. Investors have learned to trust my expertise and I have gained their trust to make their money work for them. Dealings with foreclosures, investments, and business purchases/sales are what I enjoy doing for my clients. My time is yours and I would be happy to meet with you to define what your goals are and how I can assist making them become reality. Whether you need to buy, sell, invest, or purchase. EDUCATION Bechlor of commerce. REDEV ECOLONIAL GAS STATION E COLONIAL DR ORLANDO, FL SVN Florida Commercial Real Estate Advisors Page 20

21 174 W. Comstock Ave., Suite 115 Winter Park, FL SVN Alliance Commercial Real Estate Advisors 1275 West Granada Boulevard, Ormond Beach, FL svnalliance.com All SVN Offices Independently Owned & Operated 2014 All Right Reserved