THE FORUM AT FORT MYERS CHAMPION RING RD, FORT MYERS, FL 33905 RETAIL/ENTERTAINMENT DESTINATION
TABLE OF CONTENTS 03
OVERVIEW
05
SUBJECT LOCATION AERIAL VIEW REGIONAL MAP AERIAL MAP SITE PLAN RENDERINGS
12
MARKET OVERVIEW SOUTHWEST FL OVERVIEW FT. MYERS OVERVIEW DEMOGRAPHICS
CONTACT INFORMATION DAN O’BERSKI Managing Director +1 239 334 3040
[email protected]
TIM SCHNEIDER Senior Associate +1 239 334 3040
[email protected]
ERIK WESTEDT Vice President +1 213 545 4500
[email protected]
SCOTT KAPLAN Senior Vice President +1 909 618 6900
[email protected]
TONY MANGIONE Principal +1 239 334 3040
[email protected]
9250 Corkscrew Rd | Suite 13 | Estero, FL 33928 | www.trinitycre.com © 2015 Trinity Commercial Group, Inc. This information is considered accurate, but not guaranteed.
OVERVIEW
OVERVIEW PROPERTY Trinity Commercial Group, Inc. is pleased to present The Forum, a 706 acre master planned, mixed use development exhibiting dense retail, residential, and office sites. The Forum is adjacent to I-75 spanning two exits, Colonial Blvd (136) & SR 82 (138)
HIGHLIGHTS LOCATION: Lee County is home to Hertz Global Headquarters, Chico’s Corporate Headquarters, Boston Redsox & Minnesota Twins Spring Training, and Florida Gulf Coast University. Colonial Blvd is a major commuter route connecting area’s largest City, Cape Coral, (population 175,000+) with the areas fastest growing workforce community, Lehigh Acres, (86,000+ population). The subject site is strategically located on the NEQ of Colonial Boulevard and I-75 The Forum at Fort Myers has two access points to I-75: State Road 82 to the north, and Colonial Blvd to the south. REGIONALLY WELL POSITIONED: The Forum, because of its location, connectivity, interstate visibility, and master planned sites, is the only site within a 30 mile radius that can truly be considered a competitive regional destination center with ready-to-build site inventory in place. TRAFFIC: Counts on I-75 at Colonial Blvd exceed 90,000 daily. SR 82 is the primary commuter route between Lehigh Acres and the City of Fort Myers. Daily counts on Colonial Blvd are 76,000 daily and SR 82 total 28,000.
ADDRESS
Champion Ring Rd, Fort Myers, FL 33905
KEY TENANTS
Target, Home Depot, Hyatt Place Hotel, Holiday Inn Express, Ross, Petco, Staples, Bed Bath & Beyond, Starbucks, Five Guys Burgers & Fries, Mattress Firm, Moe’s, Buffalo Wild Wings and many bank branches.
AVAILABLE
Anchor, co-anchor & restaurant space
HOUSEHOLDS
153,400± homes (within 10± mile radius)
AVG INCOME
$58,382 (within 10± mile radius) 2,600’± on I-75 ,
FRONTAGE
2,500’± on Colonial Blvd 1,936’± on SR 82
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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SUBJECT LOCATION
RETAIL / ENTERTAINMENT DEVELOPMENT
75
75 RETAIL DEVELOPMENT
Proposed Retail/Entertainment RETAIL / ENTERTAINMENT DEVELOPMENT Development Proposed RETAIL DEVELOPMENT Development
MULTI FAMILY DEVELOPMENT 500± UNITS
Proposed Office OFFICE Development DEVELOPMENT
75
75
SUBJECT LOCATION
REGIONAL MAP
I-75: 90,000± Traffic Counts Colonial Blvd: 76,000± SR 82: 28,000± Est. Home Value: $157,800 Population: 342,707 Projected HHs: 153,433± (within 10± miles)
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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SR 8
2
29,2
25±
AAD
T
SUBJECT LOCATION AERIAL MAP
00± 68,5
RETAIL / ENTERTAINMENT DEVELOPMENT
T AAD
Colonial Blvd
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
76,000± AADT
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SUBJECT LOCATION AERIAL MAP
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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PARCEL PLANS 17 A & B
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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PARCEL PLANS 17 A & B
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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PARCEL PLANS 18
THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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MARKET OVERVIEW
20,000± UNITS ARE UNDER CONSTRUCTION GREEN INDICATES A COMMUNITY THAT JUST COMPLETED BUILD OUT AND IS FULLY SOLD, RED INDICATES SITES THAT ARE WORKING ON ENTITLEMENTS, AND YELLOW HIGHLIGHTS NEIGHBORHOODS CURRENTLY BEING BUILT OUT.
KEYSTONE CREEK 6,426± UNITS EASTWOOD VILLAGE 2,600± UNITS WATERFORD LANDING 1,012± UNITS
LEHIGH ACRES
COLONIAL COMMONS 96± UNITS WATERMARK
COLONIAL COUNTRY CLUB
98 K ± POP PELICAN PRESERVE 2,500± UNITS
1,849± UNITS
219± UNITS COLONIAL 70 421± UNITS
REFLECTION ISLES 553± UNITS
CYPRESS WALK 114± UNITS
BOTANICA LAKES GATEWAY
695± UNITS
15,000± POP
PASEO 1,332± UNITS
MARINA BAY 806± UNITS
PLANTATION 1,100± UNITS
CAMDEN SQUARE 96± UNITS
DANIELS PLACE 85± UNITS
MARKET OVERVIEW RESIDENTIAL STUDIES
MARKET OVERVIEW
LEE & COLLIER COUNTY MAJOR EMPLOYERS
Definitions of Southwest Florida vary, though its boundaries are generally considered to put it south of the Tampa Bay area, west of Lake Okeechobee, and mostly north of the Everglades and to include Manatee, Sarasota, Charlotte, Lee, and Collier counties. For some purposes, the inland counties of DeSoto, Glades, and Hendry, and the thinly populated mainland section Monroe County, south of Collier, are also included. The region includes four metropolitan areas: the North Port-Bradenton-Sarasota MSA (sometimes alternately considered a part of the Tampa Bay Area to the north), the Cape Coral-Fort Myers MSA, the Naples-Marco Island MSA, and the Punta Gorda MSA. Southwest Florida is one of the fastest-growing areas in the nation, according to the U.S. Census Bureau’s most recent population estimates. Lee and Collier counties ranked in the top 10 of the nation’s fastest-growing metro areas based on population increases from July 2013 to July 2014. Census figures released today show Lee County added 18,177 people during that span, an increase of 2.7 percent, the sixth-largest increase in the country. Collier ranked No. 10 with an increase of 2.5 percent, adding an estimated 8,671 residents. The Census Bureau estimated Lee’s population at 679,513 as of last July and 348,777 for Collier. If both counties grow at their same rates through July 2015 that would put Lee’s population at an estimated 697,860 and Collier’s at 357,496.
SOUTHWEST FLORIDA
Southwest Florida was largely ignored by commercial developers until the late 1800s, and as such, lacks much of the heavier development present in other parts of Florida, such as that found in the central or southern regions of the state. In recent years however, there has been a major real estate boom focusing on downtown Fort Myers (high-rise residential condominiums); southern Lee County (commercial development and high-technology); eastern Collier County (residential development); and eastern parts of Bradenton.
Southwest Florida International Airport, located in South Fort Myers, served over 7.9 million passengers in 2014 and offers non-stop flights to 3 cities in Europe and 2 in Canada, in addition to 36 domestic airports. The area’s secondary airport, Sarasota-Bradenton International Airport, served 2.9 million passengers in 2014. Southwest Florida is served by several major highways, including the Tamiami Trail (U.S. 41) and the Interstate 75 freeway, both of which connect the area to Tampa to the north, and Greater Miami–Ft. Lauderdale to the east. Tourism is a major economic driver in the area. In addition, many seasonal residents live in the area during the winter months, as temperatures in south Florida stay very moderate during that time of year. THE FORUM | Champion Ring Road, Fort Myers, Florida 33905
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CITY OF FORT MYERS Located on the south bank of the Caloosahatchee River, Fort Myers has been home to soldiers, ranchers, cowboys, snowbirds and inventors. Named after Col. Abraham Myers, Fort Myers was founded in 1850 as a military outpost during the Seminole Wars. The Fort saw service again as a Union outpost during the Civil War and was officially retired from military service in 1865. Almost immediately the abandoned Fort Myers became home to settler families, land speculators and Florida Crackers (our cowboys and cowgirls). By 1885, the town of Fort Myers was established, the Fort Myers Press was printing and world famous inventor Thomas Alva Edison called Fort Myers his winter home. During this period Fort Myers became the county seat of the newly formed Lee County and tourism boomed as offshore tarpon fishing enticed sport fishermen and adventurers from around the world. Fort Myers saw amazing growth through the 1920s until the combination of a failing real estate market and crashing stock market sent Fort Myers into depression. The new Federal Post Office building, the Edison Bridge and the Yacht Basin all made significant improvements to the struggling downtown. It was a return to Fort Myers’ military heritage that would bring all of Southwest Florida out of depression and into prosperity. The establishment of Buckingham Field and Page Field during World War II brought thousands of service men and women to Lee County and gave local business a much need boost with government contracts and services for the two bases. Since the 1950’s Southwest Florida and Fort Myers have seen amazing growth and prosperity and have become premiere destinations for sun-seekers, investors and retirees.
THE FORUM AT FORT MYERS DEMOGRAPHICS
HOUSEHOLDS
POPULATION
1 Mile
RACE AND ETHNICITY INCOME EDUCATION (AGE 25+)
5 Miles
10 Miles
2015 Population
2,963
27,438
100,779
348,868
2020 Population
3,178
30,262
109,463
374,051
2010 Population
2,722
24,215
91,225
322,481
2000 Population
1,861
16,758
65,292
249,188
Percent Pop Change: 2010 to 2015
8.86%
13.31%
10.47%
8.18%
Percent Pop Change: 2015 to 2020
7.24%
10.29%
8.62%
7.22%
2015 Median Age
33.69
35.99
37.38
43.54
2015 Households
692
11,033
38,440
144,215
2020 Households
773
12,272
42,021
154,659
2010 Households
598
9,588
34,526
133,406
2000 Households Percent HH Change: 2010 to 2015
BUSINESS
3 Miles
275
6,173
24,724
104,451
15.67%
15.08%
11.34%
8.10%
Percent HH Change: 2015 to 2020
11.66%
11.23%
9.32%
7.24%
White
73.03%
54.83%
58.47%
75.56%
African American
17.52%
31.03%
25.25%
13.00%
Asian
5.13%
2.97%
2.24%
1.83%
Native Hawaiian/Pacific Islander
0.07%
0.08%
0.09%
0.07%
American Indian/Alaska Native
0.07%
0.47%
0.63%
0.43%
Some Other Race
1.86%
7.53%
10.38%
6.46%
2015 Hispanic Population
15.05%
21.51%
25.26%
21.11%
2015 Average Household Income
$71,219
$66,167
$59,607
$58,382
2015 Median Household Income
$54,409
$44,108
$40,678
$42,480
2015 Per Capita Income
$16,629
$26,607
$22,736
$24,134
6.70%
8.72%
9.63%
6.08%
Less than 9th Grade Some High School, No Diploma
10.40%
9.97%
9.59%
9.00%
High School Graduate
26.65%
28.92%
30.31%
33.38%
Some College, No Degree
21.38%
21.25%
20.93%
21.94%
Associate's Degree
9.20%
9.16%
8.33%
8.08%
Bachelor's Degree
17.14%
14.55%
13.91%
13.98%
5.49%
4.96%
4.81%
5.02%
231
1,526
8,043
24,334
Master's Degree
Total Businesses
THE FORUM AT FORT MYERS DEMOGRAPHICS
HOUSEHOLDS
POPULATION
25 Miles 777,724
1,411,240
2,070,459
4,410,234
846,620
1,540,802
2,252,173
4,780,759
2010 Population
702,359
1,290,784
1,916,198
4,103,894
2000 Population
505,088
976,031
1,530,339
3,324,020
Historical Annual Growth: 2000 to 2015
3.6%
3.0%
2.4%
2.2%
Projected Annual Growth: 2015 to 2020
1.8%
1.8%
1.8%
1.7%
2015 Median Age
46.1
47.6
47.5
43.6
2015 Households
333,813
609,068
893,588
1,797,374
2020 Households
350,717
641,997
939,916
1,889,841
2010 Households
294,258
542,904
807,243
1,641,248
2000 Households
213,983
411,984
644,733
1,343,000
1.0%
1.1%
1.0%
1.0%
RACE AND ETHNICITY
White African American
3.7%
3.2%
2.6%
2.3%
81.8%
82.9%
81.9%
77.4%
8.6%
8.0%
8.8%
12.4%
Asian
1.8%
1.6%
1.7%
2.7%
Native Hawaiian/Pacific Islander
0.3%
0.3%
0.3%
0.3%
Some Other Race
INCOME
100 Miles
2015 Population
Percent HH Change: 2000 to 2015
EDUCATION (AGE 25+)
75 Miles
2020 Population
Percent HH Change: 2015 to 2020
2015 Hispanic Population
7.5%
7.3%
7.3%
7.2%
20.1%
19.6%
18.6%
20.0%
2015 Average Household Income
$72,329
$72,778
$71,392
$73,869
2015 Median Household Income
$53,740
$53,783
$53,115
$56,842
2015 Per Capita Income
$31,157
$31,552
$30,980
$30,261
Less than 9th Grade
5.3%
5.5%
5.6%
5.0%
Some High School, No Diploma
7.4%
7.3%
7.3%
7.1%
High School Graduate
31.2%
31.0%
30.7%
29.4%
Some College, No Degree
21.1%
20.9%
20.7%
20.7%
8.5%
8.5%
8.4%
9.1%
Associate's Degree
BUSINESS
50 Miles
Bachelor's Degree
16.5%
16.6%
16.7%
17.9%
Master's Degree
10.1%
10.2%
10.6%
10.7%
Total Businesses
35,704
64,133
97,587
182,572
301,002
567,967
873,051
1,718,035
Daytime Employment (Total Employees)
CONTACT INFORMATION DAN O’BERSKI Managing Director +1 239 334 3040
[email protected]
TIM SCHNEIDER Senior Associate +1 239 334 3040
[email protected]
TONY MANGIONE Principal +1 239 334 3040
[email protected]
ERIK WESTEDT Vice President +1 213 545 4500
[email protected]
© 2016 Trintiy Commercial Group, Inc. The information contained in this document has been obtained from sources believed reliable. While Trintiy Commercial Group, Inc. does not doubt its accuracy, Trinity Commercial Group, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility 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 other factors 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.
SCOTT KAPLAN Senior Vice President +1 909 618 6900
[email protected]