Gulfstream Village 4639 Clyde Morris Blvd Port Orange, Fl (386) office (386) fax

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4639 Clyde Morris Blvd Port Orange, Fl (386) 760-4188 office (386) 760-4187 fax Offered by LaCour and Company Ltd E. V. LaCour Developer New Day Development LLC

Table of Contents I II III Market Summary & Demographics Photographs & Location Maps Elevations & Floor Plans

Market Summary is conveniently located on Clyde Morris Blvd. in the heart of Port Orange, Fl. Located less than 7/10 of a mile from Dunlawton Avenue and less than one quarter of a mile from Port Orange City Center. Dunlawton Avenue is the main roadway in Port Orange, connecting Interstate 95 to the beaches of the Halifax Coastal Area. In 1995 Dunlawton Avenue was widened to six lanes from Interstate 95 to Nova Road to accommodate the more than 30,000 vehicles traveling on this roadway each day. Clyde Morris Blvd. is a direct link from Dunlawton Avenue to Mason Avenue in Daytona Beach. Port Orange is part of the Daytona Beach, Florida metro area, located on Daytona s southern tip. Port Orange has been Volusia County s fastest growing incorporated city over the past 25 years with a population of 3,871 in 1970 to 45,823 residents in 2000. This exceptional growth has made Port Orange the strongest residential housing market in East Volusia County and one of the most active commercial markets in East Central Florida. Port Orange also offers a dynamic business environment with opportunities for the development and growth of both smaller homegrown and larger corporate enterprises. Port Orange is a community characterized as a stable and successful business climate that develops nurtures, and embraces quality business. Recognized statewide for its planning, environmental design, and progressive public services and facilities, Port Orange is positioned to meet the challenges of continued growth. Daytona Beach is known internationally as the World s Most Famous Beach and the World Center of Racing. Daytona Beach s worldwide popularity has attracted millions of visitors each year, which economically benefits all of Volusia County. It has become the premier destination for Spring Break, Bike Week, and Speed Week. Over 250,000 college students spend their Spring Break vacation at Daytona every year. Daytona s annual Bike Week attracts over 500,000 motorcyclists that spread throughout the entire county of Volusia. It continues to be the #1 annual biker destination in America. The Daytona International Speedway has hosted the Great American Race, the Daytona 500, and the Mid-Summer Classic, the Pepsi 400, annually since 1959. Each year the World Center of Racing hosts a two-week festival of speed

known as Speed Week. Every February, Speed Week culminates with one of the world s premier sporting events, the Daytona 500, the crown jewel of the NASCAR Winston Cup Series. Volusia County s location on interstate highway 95 and I-4 offers convenient highway access to regional markets and suppliers, and strong links to the nation s major north-south interstate highways. I-4 which is oriented northeast-southwest provides connections from Daytona Beach to Orlando and Tampa. Numerous widely recognized companies including, Hawaiian tropic sun care products, Boston Whaler boats, NASCAR, Gale Industries, Hudson Tool & Die, Intervest Construction, Crane Cam and KMC Telecom have chosen to locate in Volusia County due it s superior transportation access and growing economy. Volusia County is home to five nationally recognized universities including, Embry-Riddle Aeronautical University, Stetson University, Bethune-Cookman College, Daytona Beach Community College and University of Central Florida. Volusia County is about an hour s drive north of Disney World and the Kennedy Space Center. It s also within a few hours drive of other major Florida communities, such as Orlando (50 miles), Tampa (139 miles), Miami (253 miles), and Jacksonville (89 miles). It is also the headquarters of the Ladies Professional Golf Association and the summer home of the London Symphony Orchestra. $50,205 Average Household Income $15,000 - $24,999 17% <$15,000 14% $75,000 - $99,999 7% >$100,000 8% $25,000 - $34,999 16% $50,000 - $74,999 20% $35,000 - $49,999 18%

Demand for retail goods and services are expected to grow as population growth continues in Port Orange s primary trade areas. The population growth is expected to rise 6.9% by 2007, as shown in the NDSI demographic report included later in this section. The graph below provides further detail on historic and projected population growth for the Port Orange area. Population Growth - Historical and Projected 100,000 80,000 60,000 40,000 20,000 0 1990 Census 2000 Census 2002 Estimate 2007 Projection will enjoy a favorable strategic location. It will be the first major shopping center as you travel north on Clyde Morris Blvd. Located within minutes of the Port Orange Fire Department, Library, City Offices, Parks and Recreation Department, Police Department, YMCA and Palmer Chiropractic College. The following business are also located within a 5 mile radius of, The Home Depot, Lowe s,, Halifax Medical Center, (2) High Schools, (1) Middle School, (5) Elementary Schools, several Banking Centers and Restaurants. strategically located at the center of Port Orange s growing economy. The combination of prominent, successful anchors, strong retail demographics, an excellent neighborhood location with close proximity to Daytona Beach, New Smyrna Beach, and easy access to major roads and interstates should ensure that consumer demand will make Gulfstream Village an outstanding long-term investment.

Demographics Description Port Orange has been the County s fastest growing incorporated City over the past 25 years with a population of 3,781 in 1970 to 44,738 residents in 1998. This exceptional growth has made Port Orange the strongest residential housing market in East Volusia County and one of the most active commercial markets in East Central Florida. Recognized statewide for its planning, environmental design and progressive public services and facilities, Port Orange is positioned to meet the challenges of continued growth. Population Populations Characteristics 1980 18,756 1990 35,399 1994 39,072 1995 39,750 1998 44,738 2000 50,300 2010 (projected) 62,900 Percentage by Age Groups White 97.7% African American 1.0% Other 1.3% Under 19 21.6% 20-54 43.2% 55-74 24% 75 & Over 11.3% Median Age 44.6yrs 2002 Est. Average Household Income $50,205 2002 Est. Median Household Income $37,220 2002 Est. Per Capita Income $22,980

Demographics 2000 Average Household Size 2.19 2000 Tenure of Occupied Housing Units Owner Occupied 80.96% Renter Occupied 19.04% Major Shopping Centers (Existing SF - 1997) Wal Mart Supercenter 203,000 Dunlawton Square 187,383 Park Place Plaza 162,004 Countryside Mall 134,791 Riverwood Center 100,200 WestPort Square 57,062 Port Orange Plaza 55,187 The Groves Center 48,977 Major Shopping Centers (Planned SF - 1997) DiMucci Power Center 350,000 The Pines 191,900 Cypress Head Center 140,000 Sabal Creek Center 100,000 Madeline Center 100,000 City Center Commons 100,000 Countryside Specialty Shoppes 92,000 The Groves Center II 86,023 WestPort Square II 83,000 Southwinds Center 43,400 Riverwood Center II 22,000

is a 9.10 acre master- planned commercial development. The site is located at the intersection of Clyde Morris Blvd. and Herbert Street in Port Orange. The site will consist of 6 Buildings ranging from 10,507 gross square feet to 17,594 gross square feet. Zoning: Professional, Medical, Bank, Retail and Restaurant Design: Florida Key West Style The Buildings will consist of units ranging from 1385 square feet up to 17,328 square feet these units can be modified in size to suit the consumer s needs. Financial and Leasing Services available