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NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
SALE PRICE $3,395,000
OFFERING SUMMARY
Cap Rate: 6.39%
NOI: $217,000
Available SF: 2,815 - 4,245 SF
Lot Size: 1.84 Acres
Year Built: 2006
Building Size: 20,623 SF
Zoning: CPD
Price / SF: $164.62
PROPERTY OVERVIEWThis 20,623 +/- two story office and retail office building built in 2006 to the higheststandards consist of 10 fully build-out units. This investment opportunity is locatedwithin a mile of Health Park Medical Center. This investment asset is offered belowreplancement cost with in-place leases well below current market rents. This is aNNN real estate asset with professional management in-place. SWFL has strongeconomic fundimentals and is one ot the top 5 growth markets in the United States.
LOCATION OVERVIEWJust west of Bass Road on Gladiolus Drive, less than 1 mile from Health Park one ofthe top rated children hospitals in the country. This well maintained two story office/retail center has excellent visibility from Gladiolus Drive and plenty of parking for themost intense user.
PROPERTY HIGHLIGHTS• Great Location
• Below Market Rents
• Good Mix of Retail and Office Tenants
• Well Built and Maintained
• Priced Below Replacement Cost
• Huge Value-Add Opportunity
Huge Value-Add Opportunity
RETAIL/OFFICE PROPERTY FOR SALE // 9681 GLADIOLUS DRIVE
RETAIL/OFFICE PROPERTY FOR SALE
FOR SALE
NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
GLADIOLUS COMMONS // 9681 GLADIOLUS DRIVE
RETAIL PROPERTY FOR SALE
FOR SALE
NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
GLADIOLUS COMMONS // 9681 GLADIOLUS DRIVE
RETAIL PROPERTY FOR SALE
FOR SALE
NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
GLADIOLUS COMMONS // 9681 GLADIOLUS DRIVE
RETAIL PROPERTY FOR SALE
FOR SALE
NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 6,104 40,902 103,661
Median age 52.9 56.3 53.4
Median age (Male) 50.6 54.6 51.9
Median age (Female) 54.4 56.9 54.3
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 2,844 20,274 50,275
# of persons per HH 2.1 2.0 2.1
Average HH income $59,687 $76,082 $72,850
Average house value $208,962 $241,764 $257,877
ETHNICITY (%) 1 MILE 3 MILES 5 MILES
Hispanic 13.2% 9.0% 9.9%
RACE (%) 1 MILE 3 MILES 5 MILES
White 87.2% 91.7% 91.1%
Black 4.7% 2.4% 2.7%
Asian 1.8% 1.5% 1.7%
Hawaiian 0.0% 0.0% 0.0%
American Indian 0.2% 0.2% 0.1%
Other 5.5% 3.6% 3.2%
* Demographic data derived from 2010 US Census
GLADIOLUS COMMONS // 9681 GLADIOLUS DRIVE
RETAIL PROPERTY FOR SALE
FOR SALE
NICHOLAS PAULUS MICHAEL CICCARELLO
239.292.3031 239.470.7283
[email protected] [email protected]
© 2018 Invest Florida, LLC. The information contained in this document has been obtained from sources believed reliable. While Invest Florida, LLC does not doubt its accuracy, Invest Florida, LLC has not verified it and makes no guarantee, warranty or representation about it. It is yourresponsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and otherfactors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
NICHOLAS PAULUS
Managing Broker/Principle
[email protected]: 239.292.3031
PROFESSIONAL BACKGROUND
Nicholas Paulus is the Founder and Managing Broker of Invest Florida, LLC. Over the past decade, he has cultivated a boutique firm servicingan exclusive and limited clientele in the following services: Buyer Representation, Seller Representation, Commercial Leasing, PropertyManagement, Project Development, Consulting and Corporate Retreats.Invest Realty was founded in 2009 during the height of the economic downturn. The firm was established to meet the needs of a select realestate equity firms, family foundations, wealthy individuals and corporations. If your looking for boutique real estate asset management thatis focused on professional service with integrity, achieving superior results then Invest Florida, LLC can meet your needs! Invest Florida, LLC isable to not only deliver incredible results since the beginning and continues to exceed client expectations today.
Prior to Invest Realty, Nicholas successfully built a multi-million dollar real estate portfolio. He spent several years in the financial industry atthe Chicago Mercantile Exchange trading Euro Dollars and then as a financial advisor for Prudential Securities. Nicholas also has extensiveknowledge and experience in developing and writing business plans and creating brand marketing strategies. All of which have helped him andhis clients achieve superior results investing in real estate.
EDUCATION
Culver Military Academy 1991American Institute of Foriegn Study London, England 1993University of Tampa, John Sykes College of Business 1995Passed Series 7, Series 63, Series 65 Security LicensingFlorida Real Estate Brokerage License since 2009
MEMBERSHIPS
Costar Power Broker Award 2012, 2014, 2015, 2017 & 2018
INVEST FLORIDA, LLC6360 Presidential Court Suite 2
Fort Myers, FL 33919
239.292.3031
GLADIOLUS COMMONS // 9681 GLADIOLUS DRIVE
RETAIL PROPERTY FOR SALE
FOR SALE
