FOR LEASE > LUXURY RETAL LFESTYLE CENTER CRYSTAL COVE COMMONS 1201 US HGHWAY 1 NORTH PALM BEACH, FLORDA HONEY BRYAN SENOR VCE PRESDENT +1 561 308 8266 honey.bryan@colliers.com COMNG SOON SUMMER 2017
OVERVEW Situated on US Highway 1 in North Palm Beach, Crystal Cove Commons is slated to become the premium destination for specialty retail and high-end restaurants. The property will undergo a dramatic transformation with multi-million dollar improvements due to begin the summer of 2017. With these enhancements, the property will offer prominent signage, pedestrian focused accessibility, valet parking and outdoor gathering spaces for both tenants and patrons. Creating an ideal location for the sought after Florida lifestyle experience, Crystal Cove Commons will be the new contemporary and vibrant place-to-be for both year-round residents and seasonal visitors of all ages. HGHLGHTS > High-end retail and build-to-suit opportunities > Located at a signalized intersection on US 1 > Prime drive-by exposure with four easy access points > Prominent new monument signage package available > Abundant surface and covered parking with valet service > New outdoor dining areas for anchor restaurants > Close proximity to nterstate 95 > $103K Average household income within 1 mile radius > Entire trade area has a mix of young families and affluent semi-retirees > Call for availability and pricing The ultimate lifestyle center in the heart of North Palm Beach. Premium end-cap spaces
DOWNTOWN WEST PALM BEACH GARDENS MALL AND PGA CORRDOR WATER CLUB ±250 UNT CONDO ATLANTC OCEAN NTRACOASTAL WATERWAY The new place to be. Crystal Cove Commons Vibrant outdoor gathering areas Address: Retail SF: Office SF: Total SF: Year Built: Property Type: Parking Ratio: Parking Spaces: PROPERTY DETALS 1201 US Highway 1 North Palm Beach, FL 33408 ±74,879 SF ±41,746 SF ±116,625 SF 1982/1990 with capital improvements scheduled Q3 2017 Specialty Retail/Office Center 4/1,000 SF 200 surface spaces 100 covered spaces DEMOGRAPHC OVERVEW 1m radius 3m radius 5m radius TOTAL POPULATON 2016 Total 6,779 57,493 127,348 2021 Projected 7,261 61,020 135,873 AVERAGE HOUSEHOLD NCOME 2016 ncome $102,867 $83,942 $87,504 2021 Projected $115,637 $92,644 $95,581 TOTAL HOUSEHOLDS 2016 Total 3,603 26,482 56,286 2021 Projected 3,833 27,942 59,703 RACE AND ETHNCTY 2016 White 93.2% 76.9% 68.3% 2016 Black 2.1% 15.4% 24.4% 2016 Hispanic/Other 11.1% 16.3% 15.1% MEDAN AGE Male 59 47 46 Female 62 50 49 EMPLOYMENT Blue Collar 11.1% 12.2% 12.5% White Collar 74.8% 66.1% 65.8% AREA OVERVEW The North Palm Beach area was developed by John D. MacArthur, and was incorporated in 1956. North Palm Beach is best known for its exceptionally high quality of life. Known world-wide for its recreation and leisure services programs, North Palm Beach boasts one of the finest municipal golf courses and country club complexes in South Florida. North Palm Beach is the only municipality in Palm Beach County that can claim a vast network of waterfront and canal-front properties. The Village of North Palm Beach is located on the sunny east coast of Florida, 9 miles North of West Palm Beach in Palm Beach County. With such assets as warm weather, sunshine, golf, ocean fishing, boating, sandy beaches, and balmy breezes, the Village has much to offer enthusiastic people who are raising families or are looking to retire. DEMOGRAPHC SNAPSHOT - 3M RADUS Total Households 26,482 Average ncome $83,492 Total Population 57,493
Downtown at the Gardens The Gardens Mall Harbour Financial Center SOVEREL HARBOUR MARNA PROSPERTY FARMS RD Shoppes of Oakbrook US HWY 1 PGA BLVD NEARBY AMENTES Crystal Cove Commons is positioned in an established, mature area surrounded by a mix of commercial and residential properties. The property benefits from the new Water Club condominium project directly across the street. The property is also situated just south of the PGA Corridor where visitors can find the following amenities: TRADE AREA MARKET DRVERS Florida Power & Light is in the process of establishing their new corporate headquarters just east of nterstate 95 on the north side of PGA Boulevard. The Palm Beach Gardens market also offers a regional medical center and other prominent employers which include: PGA BLVD PGA Plaza Legacy Place Oaktree Plaza City Centre FOOD Carraba s Carmine s Brick Tops McDonald s Starbucks Duffy s Seasons 52 Waterway Cafe Capital Grille Yard House Anthony s Coal Fired Pizza SERVCES Chase Bank Citibank PNC Bank TD Bank Wells Fargo Bank of America Regions Bank BB&T Bank CVS Pharmacy The UPS Store Verizon Sprint Store SHOPPNG CENTERS Gardens Mall Downtown at the Gardens Legacy Place PGA Commons Prosperity Center SPECAL AMENTES Old Port Cove Yacht Club Soverel Harbour Marina Lost Tree Country Club Seminole Country Club North Palm Beach Country Club Prosperity Center -95 NTERCHANGE US HWY 1 WATER CLUB ±250 UNT CONDO OLD PORT COVE YACHT CLUB NTRACOASTAL WATERWAY NORTH Crystal Cove Commons Crystal Cove Commons
' ' ' 0 STE PLAN CONTEMPORARY DESGN DEAL FOR HGH-END RETAL NORTH NEW PROMNENT MONUMENT SGNAGE PACKAGE AVALABLE 1 ADDTONAL MONUMENT SGNAGE --- ------ --------, ' ' i 2 -------(-----. ---------- 1 ' i - ' '! / -- --------1- ' i ' @ ---=-=.... (::::: ;::;:t'\,,,... 1 (Qi111 Op ttt; Courtyard.. \ ' \ \ \ _\ \ \J-.\ U\\\\fi \ \ \ \ \ \ \ \ l.-----'@i \_.-\ \ - ---=--- - ----=---- - "W \ q- 1 \ l-,v\ \ - / --------------------j- ------------ ---. -----------------/ /" / - - - - - ---------------- - ------- - ------ ---- --------- 3,915 SF 5,780 SF 4,516 SF GARAGE PARKNG COD & CAPERS SEAFOOD ANCHOR 3 6,127 SF _ \@ 0 VALET PARKNG FOR ALL PATRONS ANCHOR 2 6,287 SF OUTDOOR DNNG 3 RESTAURANT 2 8,218 SF OUTDOOR DNNG ' \ '1 \ \, \ 4'\1 '14'\1 -------, j\j1j1 1-L.l-1:::= 12 \-c50 0 J RESTAURANT 1 9,425 SF ; _...,.,. / // 4 TOTAL ACCESS PONTS ANCHOR 1 15,845 SF @ @ a a a [1 1,/ /1 1 11 ' ifl 1 1! ---------------== --- ------------------- ------- ---- AVALABLTY Anchor 1 Anchor 2 Anchor 3 Restaurant 1 Restaurant 2 Prime Endcap 1 Prime Endcap 2 Unit Unit 3,073 SF _ Zoning Legend APPLCABLE CODES: ZONNG CODE: ZONNG CLASSFCATON: 3,000 SQ.FT., TO 5,000 SQ.FT.: 9 /200 = Valet Parking will 1 SPACE Unit 4,516 29 SPACES SF FURNTURE SHOWROOMS 1 PER 400 SQ.FT. OF SALES AREA: RESTAURANT be provided for 1 PER 75 SQ.FT. OF all patrons / VLLAGE OF NORTH PALM BEA C1 - NEGHBORHOOD COMMER TEM PERMTTED / REQURED FRONT SETBACK 100'-0" 11 SDE, NTEROR SETBACK 0'-0" 27 SDE, STREET SETBACK 25'-0" 27 REAR SETBACK 0'-0" 16 FLOOR AREA RATO.35 x 341,080 SQ.FT= 12 119,378 SQ.FT. 0. HEGHT 16 STORES/160 FT 78 LOT COVERAGE 35% OF 341,080 SQ.FT. = 119,378 SQ.FT. 78 22 Parking Calculation TEM OFFCE COMMERCAL 3,009 SF MEDCAL OFFCE 4 15,845 SF 6,287 SF 6,127 SF 9,425 SF 8,218 SF 3,009 SF 3,073 SF PERMTTED / REQURED 1 PER 300 SQ.FT. OF OFFCE AREA : 3,195 SF 44,567 / 300 = 149 SPACES 1 PER 200 SQ.FT. OF NON-STORAGE AREA : 36,591 / 200 = 183 SPACES 1 PER 150 SQ.FT. UP TO 5,780 SF PLUS 1 PER 200 SQ.FT. UP 3,000 / 150 = 20 SPACES + 14,974 / 400 = 37 SPACES 14 18 29 37
COME BE PART OF THE EXPERENCE AT Crystal Cove commons VST CRYSTALCOVECOMMONS.COM FOR MORE NFORMATON HONEY BRYAN SENOR VCE PRESDENT DR: +1 561 308 8266 honey.bryan@colliers.com COLLERS NTERNATONAL SOUTH FLORDA, LLC 4500 PGA Boulevard, Suite 110 Palm Beach Gardens, FL 33418 MAN: +1 561 804 9678 FAX: +1 561 655 5950 www.colliers.com This document/email has been prepared by Colliers nternational for advertising and general information only. Colliers nternational makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. This publication is the copyrighted property of Colliers nternational and /or its licensor(s). 2017. All rights reserved.