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

David Fletcher...Palm Coast, FL Prepared by David J Fletcher, WAGNER REALTY Mar 14, 2019 on MFCRE 941-720-7575 [M] 941-727-1175 [O] [email protected] Real Estate License:

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David Fletcher Wagner Realty

3639 Cortez Rd. W. Suite 200

Bradenton, FL 34210

941-727-2800

• Sale Price $2,999,000

• 20,239 Sq Ft +/-

• Eleven tenants

• Strong Demographics

• Built in 2004

• Land size 1.73 acres +/-

• Upside several tenants below market rent

• Commercial elevator

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.

Palm Coast Proforma

Base Rent $239,581.08

Management fee $12,000.00

Total $251,581.08

Net Operating Income $251,581.08

Asking Price $2,999,000.00

Emmanuel’s Closet 2,088 SF

Unit 106 & 107

Keller WIlliams 1,000 SF Unit 108

Fashion Boutique 1,056 SF Unit 105

Realear Inc. 1,965 SF

Unit 109-110

Craft Bar 2,100 SF

Unit 103-104

Sylvain’s Caribbean Restaurant 2,100 SF Unit 102

Gro

und F

loor—

not to

scale

FR

ON

T

Tattoos 1,923 SF

Unit 204-205

Biller Clothing 935 SF

Unit 203

Twisted Minds Escape Room

5,056 SF Unit 206-207-208-209-210

Men’s Barber shop 1,000 SF Unit 202

Hair & Nail Salon 970 SF

Unit 201

Seco

nd F

loor—

not to

scale

FR

ON

T

Maps

Aerials

Demographics

2023 Projection 103,1182018 Estimate 92,0832015 Estimate 99,779

2010 Census 75,1802000 Census 33,504

Growth 2018-2023 11.98%Growth 2015-2018 -7.71%Growth 2010-2015 32.72%Growth 2000-2010 124.39%

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.

92,083Population

11.98%Projected Growth

35,064Workforce

4.15%Unemployment

46.34Median Age

$52,697Household Income

PopulationPopulation

Demographics, Labor/Workforce, andDemographics, Labor/Workforce, andConsumer ExpendituresConsumer ExpendituresPalm Coast, FL

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

Page 1Page 1

2023 Projection 48,9842018 Estimate 43,6462015 Estimate 47,246

2010 Census 35,904Growth 2018-2023 12.23%Growth 2015-2018 -7.62%Growth 2010-2015 31.59%

2023 Projection 54,1342018 Estimate 48,4372015 Estimate 52,533

2010 Census 39,276Growth 2018-2023 11.76%Growth 2015-2018 -7.8%Growth 2010-2015 33.75%

Age 0 to 5 6,212Age 5 to 10 5,930

Age 10 to 15 5,565Age 15 to 20 5,347Age 20 to 25 5,142Age 25 to 30 4,720Age 30 to 35 4,293Age 35 to 40 3,939Age 40 to 45 3,895Age 45 to 50 4,190Age 50 to 55 4,490Age 55 to 60 4,659Age 60 to 65 4,757

Age 65 and over 28,944Total Population 92,083

Median Age 46.34

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

7%

6%

6%

6%

6%

5%

5%

4%

4%

5%

5%

5%

5%

31%

2010 Census 43.7

2010 Census 46.3

High School Graduate (or GED) 21,027Some College, No Degree 16,580

Associate or Bachelor's Degree 4,439Master's Degree 3,106

Professional School Degree 1,028Doctorate Degree 374

Total High School Graduates Age 25+ 46,554

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

45%

36%

10%

7%

2%

1%

Population (Male)Population (Male)

Population (Female)Population (Female)

Population by AgePopulation by Age (2018 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 (2018 Estimate)

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

Page 2Page 2

Only English 55,498Spanish or Spanish Creole 4,413

Other 7,081Total Population Age 5+ 66,992

Only EnglishSpanish or Spanish CreoleOther

83%

7%

11%

2023 Projection 40,9052018 Estimate 36,6212015 Estimate 39,706

2010 Census 29,805Growth 2018-2023 11.7%Growth 2015-2018 -7.77%Growth 2010-2015 33.22%

2023 Projection 2.552018 Estimate 2.54

2010 Census 2.51Growth 2018-2023 0.39%Growth 2010-2018 1.2%

Family Households 26,680Married-couple family 20,987

With own children under 18years

6,278

No own children under 18 years 14,709Male Householder: no wife present 1,402

With own children under 18years

699

No own children under 18 years 703Female Householder: no husband

present4,291

With own children under 18years

2,405

No own children under 18 years 1,886Nonfamily Households 9,941

1 Person households 7,8852+ Unrelated people 2,056

Total Households 36,621

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

73%

57%

17%

40%

4%

2%

2%

12%

7%

5%

27%

22%

6%

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

HouseholdsHouseholds

Average Household SizeAverage Household Size

Households by Household Type and Size and Presence of ChildrenHouseholds by Household Type and Size and Presence of Children (2018 Estimate)

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

Page 3Page 3

Less than $25,000 8,193$25,000 to $49,999 10,752$50,000 to $74,999 8,545$75,000 to $99,999 4,757

$100,000 to $124,999 2,244$125,000 to $149,999 973$150,000 to $199,999 561

$200,000 or more 596Total Households 36,621

Average Household Income $56,864.65Median Household Income $52,697.94

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

22%

29%

23%

13%

6%

3%

2%

2%

Less than $25,000 9,176$25,000 to $49,999 12,021$50,000 to $74,999 9,571$75,000 to $99,999 5,301

$100,000 to $124,999 2,487$125,000 to $149,999 1,075$150,000 to $199,999 626

$200,000 or more 648Total Households 40,905

Average Household Income $56,701.32Median Household Income $54,725.13

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

22%

29%

23%

13%

6%

3%

2%

2%

2018 Estimate $22,770.30

2018 Estimate 4.15%2010 Census 8.4%

Growth 2010-2018 -50.6%

Labor Force 35,064Civilian, Employed 33,627

Civilian, Unemployed 1,437Not in Labor Force 38,143

Total Population Age 16+ 73,207

Labor ForceCivilian, EmployedCivilian, Unemployed

Not in Labor Force

48%

46%

2%

52%

Households by Household IncomeHouseholds by Household Income (2018 Estimate)

Households by Household IncomeHouseholds by Household Income (2023 Projection)

Per Capita IncomePer Capita Income

Unemployment RateUnemployment Rate

Population Age 16+ By Employment StatusPopulation Age 16+ By Employment Status (2018 Estimate)

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

Page 4Page 4

Agriculture, forestry, fishing and hunting,mining and construction

2,835

Manufacturing 2,635Wholesale & retail trade 5,239

Transportation and warehousing, andutilities

968

Information 929Finance, insurance, real estate and

rental and leasing1,636

Professional, scientific, and technicalservices

4,069

Educational, health and social services 7,697Arts, entertainment, recreation,

accommodation and food services3,482

Other services (except publicadministration)

2,533

Public Administration 1,604Total Employed Civilian Population Age

16+33,627

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

8%

8%

16%

3%

3%

5%

12%

23%

10%

8%

5%

Management, Professional, and Relatedoccupations

9,153

Management, Business, andFinancial Operations Occupations

3,759

Professional and RelatedOccupations

5,394

Service Occupations 5,597Healthcare support occupations 749

Protective service occupations 848Food preparation and serving related

occupations1,582

Building and grounds cleaning andmaintenance occupations

1,442

Personal care and serviceoccupations

976

Sales and Office Occupations 7,648Sales and related occupations 3,245

Office and administrative supportoccupations

4,403

Farming, fishing, and forestryoccupations

0

Construction, Extraction, andMaintenance Occupations

2,326

Production, Transportation, and MaterialMoving Occupations

3,070

Total Employed Civilian Population Age16+

27,794

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

33%

14%

19%

20%

3%

3%

6%

5%

4%

28%

12%

16%

0%

8%

11%

Total Workers Age 16+ 27,203

Employed Civilian Population Age 16+ by IndustryEmployed Civilian Population Age 16+ by Industry (2018 Estimate)

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)

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

Page 5Page 5

Vacant Housing Units 12,547Occupied Housing Units 36,621

Owner-Occupied 29,209Renter-Occupied 7,412

Total Housing Units 49,168

Vacant Housing UnitsOccupied Housing Units

Owner-OccupiedRenter-Occupied

26%

74%

59%

15%

Less than $50,000 358$50,000 to $99,999 822

$100,000 to $149,999 3,476$150,000 to $199,999 4,778$200,000 to $249,999 5,034$250,000 to $299,999 2,741$300,000 to $399,999 2,384$400,000 to $499,999 802$500,000 to $749,999 930

$750,000 to $1,000,000 234$1,000,000 or more 80

Total Owner occupied Housing Units 21,639Median Housing Value $213,800

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

2%

4%

16%

22%

23%

13%

11%

4%

4%

1%

0%

Housing Units by TenureHousing Units by Tenure (2018 Estimate)

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

Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE

941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340

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