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David Fletcher Wagner Realty
3639 Cortez Rd. W. Suite 200
Bradenton, FL 34210
941-727-2800
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.
Maps
Aerials
Shoppes at Tara Proforma
Base Rent $426,712
Less Vacancy 5% $21,336
Net Operating Income $405,376.
Asking Price $5,390,000
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
Demographics
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
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
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
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
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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