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David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210 941-727-2800

David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

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Page 1: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

David Fletcher Wagner Realty

3639 Cortez Rd. W. Suite 200

Bradenton, FL 34210

941-727-2800

Page 2: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210
Page 3: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Sale Price $5,390,000

Built 2007

Land 4.321 acres

Building size 27,160 sq ft

Parking—134 standard and 3 handicap spaces

370 feet +/- frontage of Tara Blvd

Office Depot recently renewed lease for additional

10 years with options, remodeling store to new de-

sign, investment of over $600,000.

Office Depot and five other tenants, well established

100% occupancy

Strong demographics

Tara Blvd daily traffic count 66,000+/-

The information provided in this document has been prepared to provide a summary of information to a prospective

purchaser and to establish only a preliminary level of interest in the subject property. The information contained in this

document has been obtained from sources we believe to be reliable; however, Wagner Realty has not verified and will

not verify, any of the information herein, nor has Wagner Realty conducted any investigation regarding these matters

and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provid-

ed. All potential buyers must take the appropriate measures to verify all of the information set forth herein.

Page 4: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Maps

Page 5: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Aerials

Page 6: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Shoppes at Tara Proforma

Base Rent $426,712

Less Vacancy 5% $21,336

Net Operating Income $405,376.

Asking Price $5,390,000

Page 7: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

5/24/2017

Rent Roll as of June, 2017Lease Lease Rent CAM Tax Insurane Monthly Monthly Monthly Monthly Administrative Monthly

Tenant SF Comm Expire Step-Up PSF PSF PSF PSF Rent CAM Property Taxes Insurance Fee TotalDBA USA Nails 1,400 2/7/2012 1/31/2022 13.20 1.69 2.72 1,540.54 197.17 317.33 Included 2,055.04 Diem Trang T. Nuguyen 2/1/2018 13.73 in CAM - An Van Nguyen 2/1/2019 14.27 -

2/1/2020 14.83 - 2/1/2021 15.41 -

- LA Insurance Agency GA8 LLC Included - d/b/a LA Insurance 1,400 6/1/2016 5/31/2021 15.86 1.62 2.92 1,850.33 226.80 340.67 in CAM 14.00 2,431.80

* Base rent increases by 3% per yearStep up One five-year option

Little Caesars 1,820 11/1/2009 4/1/2016 19.87 1.86 2.90 3,013.62 282.10 439.83 Included 3,735.55 Cam Adjust 19.87 1.89 2.83 3,013.62 286.65 429.22 in CAM 3,729.49

cam adjust 4/12/2012 19.87 2.14 2.68 3,013.62 324.57 406.47 3,744.66 opiton 4/1/2016 21.86 2.14 2.68 3,315.43 324.57 406.47 4,046.47 opiton 4/1/2021 24.04 option 4/1/2026 26.45

Office Depot 19,117 8/9/2006 16.00 0.97 2.29 0.28 25,489.33 1,549.19 3,648.16 446.06 31,132.74 10/1/2017 14.50 23,099.71 1,549.19 3,648.16 446.06 28,743.12 10/1/2022 15.50 24,692.79

9/30/2027

Two five-year options

Subway Real Estate Corp 1,400 10/23/2008 2/1/2018 IncludedDBA Subway 4/12/2014 21.65 2.14 2.68 2,525.83 249.67 312.67 in CAM 3,088.17

options 1-5 years 23.82 2,779.00 2,779.00 options 6-10 years 26.20 3,056.67 3,056.67

10-15 year 28.82 3,362.33 3,362.33 Security deposit $2450

Surge Communications, LLC 1,960 12/23/2010 12/24/2020 Includedd/b/a T-Mobile 2% inc in CAM

One five-year option 12/24/2015 18.36 1.89 2.83 2,998.80 308.70 462.23 3,769.73 19.30 1.62 2.92 3,152.33 264.60 476.93 3,893.86

2% increase each year 19.76 1.62 2.92 3,227.47 264.60 476.93 3,969.00

Shops at TaraRent Roll

Page 8: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Demographics

Page 9: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

2020 Projection 278,3162015 Estimate 270,003

2010 Census 259,4242000 Census 236,517

Growth 2015-2020 3.08%Growth 2010-2015 4.08%Growth 2000-2010 9.69%

2020 Projection 135,3642015 Estimate 130,993

2010 Census 124,232Growth 2015-2020 3.34%Growth 2010-2015 5.44%

Disclaimer:Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the

user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using.

270,003Population

3.08%Projected Growth

37.5Median Age

$46,881Household Income

PopulationPopulation

Population (Male)Population (Male)

Demographics, Labor/Workforce, andDemographics, Labor/Workforce, andConsumer ExpendituresConsumer ExpendituresClayton County, GA

Prepared by David J Fletcher, WAGNER REALTYMay 25, 2017 on MFCRE

941-727-2800 [O] [email protected] Estate License: 0671340

Page 1Page 1

Page 10: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

2020 Projection 142,9522015 Estimate 139,010

2010 Census 135,192Growth 2015-2020 2.84%Growth 2010-2015 2.82%

Age 0 to 5 23,668Age 5 to 10 24,712

Age 10 to 15 22,352Age 15 to 20 20,925Age 20 to 25 20,040Age 25 to 30 19,087Age 30 to 35 18,168Age 35 to 40 18,018Age 40 to 45 18,445Age 45 to 50 18,891Age 50 to 55 17,746Age 55 to 60 15,560Age 60 to 65 12,251

Age 65 and over 20,140Total Population 270,003

Median Age 37.5

Age 0 to 5Age 5 to 10Age 10 to 15Age 15 to 20Age 20 to 25Age 25 to 30Age 30 to 35Age 35 to 40Age 40 to 45Age 45 to 50Age 50 to 55Age 55 to 60Age 60 to 65Age 65 and over

9%

9%

8%

8%

7%

7%

7%

7%

7%

7%

7%

6%

5%

7%

2010 Census 30.1

2010 Census 33.1

High School Graduate (or GED) 45,604Some College, No Degree 45,470

Associate or Bachelor's Degree 10,890Master's Degree 6,318

Professional School Degree 1,859Doctorate Degree 981

Total High School Graduates Age 25+ 111,122

High School Graduate (or GED)Some College, No DegreeAssociate or Bachelor's DegreeMaster's DegreeProfessional School DegreeDoctorate Degree

41%

41%

10%

6%

2%

1%

Only English 189,351Spanish or Spanish Creole 28,995

Other 19,581Total Population Age 5+ 237,927

Only EnglishSpanish or Spanish CreoleOther

80%

12%

8%

2020 Projection 97,0912015 Estimate 94,208

2010 Census 90,633Growth 2015-2020 3.06%Growth 2010-2015 3.94%

Population (Female)Population (Female)

Population by AgePopulation by Age (2015 Estimate)

Median Age (Male)Median Age (Male)

Median Age (Female)Median Age (Female)

High School Graduates Age 25+ by Educational AttainmentHigh School Graduates Age 25+ by Educational Attainment (2015 Estimate)

Population Age 5+ by Language at HomePopulation Age 5+ by Language at Home (2010 Census)

HouseholdsHouseholds

Prepared by David J Fletcher, WAGNER REALTYMay 25, 2017 on MFCRE

941-727-2800 [O] [email protected] Estate License: 0671340

Page 2Page 2

Page 11: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

2010 Census 255,387

2020 Projection 2.832015 Estimate 2.82

2010 Census 2.82Growth 2015-2020 0.35%Growth 2010-2015 0%

Family Households 64,957Married-couple family 34,232

With own children under 18years

16,563

No own children under 18 years 17,669Male Householder: no wife present 6,618

With own children under 18years

3,076

No own children under 18 years 3,542Female Householder: no husband

present24,107

With own children under 18years

14,301

No own children under 18 years 9,806Nonfamily Households 29,251

1 Person households 23,8642+ Unrelated people 5,387

Total Households 94,208

Family HouseholdsMarried-couple family

With own children under 18yearsNo own children under 18 years

Male Householder: no wife presentWith own children under 18yearsNo own children under 18 years

Female Householder: no husbandpresent

With own children under 18yearsNo own children under 18 years

Nonfamily Households1 Person households2+ Unrelated people

69%

36%

18%

19%

7%

3%

4%

26%

15%

10%

31%

25%

6%

Less than $25,000 22,996$25,000 to $49,999 31,371$50,000 to $74,999 19,873$75,000 to $99,999 10,282

$100,000 to $124,999 5,169$125,000 to $149,999 2,413$150,000 to $199,999 1,296

$200,000 or more 808Total Households 94,208

Average Household Income $52,800Median Household Income $46,881

Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more

24%

33%

21%

11%

5%

3%

1%

1%

Population in HouseholdsPopulation in Households

Average Household SizeAverage Household Size

Households by Household Type and Size and Presence of ChildrenHouseholds by Household Type and Size and Presence of Children (2015 Estimate)

Households by Household IncomeHouseholds by Household Income (2015 Estimate)

Prepared by David J Fletcher, WAGNER REALTYMay 25, 2017 on MFCRE

941-727-2800 [O] [email protected] Estate License: 0671340

Page 3Page 3

Page 12: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Less than $25,000 23,989$25,000 to $49,999 32,469$50,000 to $74,999 20,401$75,000 to $99,999 10,494

$100,000 to $124,999 5,224$125,000 to $149,999 2,433$150,000 to $199,999 1,290

$200,000 or more 791Total Households 97,091

Average Household Income $52,162Median Household Income $47,162

Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more

25%

33%

21%

11%

5%

3%

1%

1%

2015 Estimate $18,423

2010 Census 13.1%

Labor Force 136,098Civilian, Employed 118,323

Civilian, Unemployed 17,775Not in Labor Force 55,305

Total Population Age 16+ 191,403

Labor ForceCivilian, EmployedCivilian, Unemployed

Not in Labor Force

71%

62%

9%

29%

Agriculture, forestry, fishing and hunting,mining and construction

10,520

Manufacturing 8,973Wholesale & retail trade 17,284

Transportation and warehousing, andutilities

16,122

Information 2,602Finance, insurance, real estate and

rental and leasing7,523

Professional, scientific, and technicalservices

3,760

Educational, health and social services 19,696Arts, entertainment, recreation,

accommodation and food services10,692

Other services (except publicadministration)

5,625

Public Administration 7,949Total Employed Civilian Population Age

16+110,746

Agriculture, forestry, fishing and hunting,mining and constructionManufacturingWholesale & retail tradeTransportation and warehousing, andutilitiesInformationFinance, insurance, real estate andrental and leasingProfessional, scientific, and technicalservicesEducational, health and social servicesArts, entertainment, recreation,accommodation and food servicesOther services (except publicadministration)Public Administration

9%

8%

16%

15%

2%

7%

3%

18%

10%

5%

7%

Households by Household IncomeHouseholds by Household Income (2020 Projection)

Per Capita IncomePer Capita Income

Unemployment RateUnemployment Rate

Population Age 16+ By Employment StatusPopulation Age 16+ By Employment Status (2010 Census)

Employed Civilian Population Age 16+ by IndustryEmployed Civilian Population Age 16+ by Industry (2010 Census)

Prepared by David J Fletcher, WAGNER REALTYMay 25, 2017 on MFCRE

941-727-2800 [O] [email protected] Estate License: 0671340

Page 4Page 4

Page 13: David Fletcher - images4.loopnet.comimages4.loopnet.com/d2/27OhX_KJMjxZV5Il_A8RYx5GZKlMA1rZByB… · David Fletcher Wagner Realty 3639 Cortez Rd. W. Suite 200 Bradenton, FL 34210

Management, Professional, and Relatedoccupations

27,235

Management, Business, andFinancial Operations Occupations

12,221

Professional and RelatedOccupations

15,014

Service Occupations 22,016Healthcare support occupations 2,602

Protective service occupations 3,848Food preparation and serving related

occupations7,025

Building and grounds cleaning andmaintenance occupations

4,725

Personal care and serviceoccupations

3,816

Sales and Office Occupations 33,198Sales and related occupations 11,666

Office and administrative supportoccupations

21,532

Farming, fishing, and forestryoccupations

146

Construction, Extraction, andMaintenance Occupations

13,426

Production, Transportation, and MaterialMoving Occupations

22,302

Total Employed Civilian Population Age16+

118,323

Management, Professional, and Relatedoccupations

Management, Business, andFinancial Operations OccupationsProfessional and RelatedOccupations

Service OccupationsHealthcare support occupationsProtective service occupationsFood preparation and serving relatedoccupationsBuilding and grounds cleaning andmaintenance occupationsPersonal care and serviceoccupations

Sales and Office OccupationsSales and related occupationsOffice and administrative supportoccupations

Farming, fishing, and forestryoccupationsConstruction, Extraction, andMaintenance OccupationsProduction, Transportation, and MaterialMoving Occupations

23%

10%

13%

19%

2%

3%

6%

4%

3%

28%

10%

18%

0%

11%

19%

Total Workers Age 16+ 114,991

Vacant Housing Units 15,664Occupied Housing Units 94,208

Owner-Occupied 53,956Renter-Occupied 40,252

Total Housing Units 109,872

Vacant Housing UnitsOccupied Housing Units

Owner-OccupiedRenter-Occupied

14%

86%

49%

37%

Less than $50,000 2,970$50,000 to $99,999 9,641

$100,000 to $149,999 22,887$150,000 to $199,999 10,585$200,000 to $249,999 3,086$250,000 to $299,999 976$300,000 to $399,999 453$400,000 to $499,999 138$500,000 to $749,999 98

$750,000 to $1,000,000 96$1,000,000 or more 158

Total Owner occupied Housing Units 51,088Median Housing Value $127,800

Less than $50,000$50,000 to $99,999$100,000 to $149,999$150,000 to $199,999$200,000 to $249,999$250,000 to $299,999$300,000 to $399,999$400,000 to $499,999$500,000 to $749,999$750,000 to $1,000,000$1,000,000 or more

6%

19%

45%

21%

6%

2%

1%

0%

0%

0%

0%

Employed Civilian Population Age 16+ by OccupationEmployed Civilian Population Age 16+ by Occupation (2010 Census)

Workers Age 16+ by Transportation to WorkWorkers Age 16+ by Transportation to Work (2010 Census)

Housing Units by TenureHousing Units by Tenure (2015 Estimate)

Owner occupied Housing Units by Housing ValueOwner occupied Housing Units by Housing Value (2010 Census)

Prepared by David J Fletcher, WAGNER REALTYMay 25, 2017 on MFCRE

941-727-2800 [O] [email protected] Estate License: 0671340

© Copyright My Florida Commercial Real Estate. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither My Florida Commercial RealEstate nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.

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