Presented By: Table of Contents

PRESENTED BY: TABLE OF CONTENTS

EXECUTIVE SUMMARY 03 • OFFERING

SUBJECT LOCATION 06 • REGIONAL MAP • AERIAL MAP • SITE PLAN • RENDERINGS • DEMOGRAPHICS

MARKET OVERVIEW 18 • SOUTHWEST FL OVERVIEW • FORT MYERS OVERVIEW • DEMOGRAPHICS

CONTACT INFORMATION trinitycre.com DAN O’BERSKI TIM SCHNEIDER 9250 Corkscrew Rd | Suite 13 | Estero, FL 33928 Managing Director | Principal Senior Associate © 2016 Trinity Commercial Group, Inc. 239.334.3040 239.334.3040 This information is considered accurate, but not guaranteed [email protected] [email protected] EXECUTIVE SUMMARY The project is proposed to be a 60,210 square foot, multi-story, mixed- SUBJECT use building featuring all aspects of a true mixed-use building including retail, office, and residential spaces. The project will be taking advantage of its excellent location in the heart of downtown Fort Myers to provide PROPERTY spaces that accommodate a wide range of uses.

AVAILABLE

Retail Ground Floor: 1,800 - 3,652± SF Retail/Office 2nd Floor: 1,900 - 4,862± SF Office/3rd Floor: 1,800 - 9,672± SF

LOCATION: The subject site is located in the core of downtown in the City of Fort Myers, in Lee County, Florida. The parcel consists of .28 acres of undeveloped land. The site is in the Downtown Area Redevelopment District CRA at the southeast corner of First Street and Jackson Street.

STRAP: 13-44-24-P4-00408.001B

STREET ADDRESS: 2300 First Street, Fort Myers, FL 33901

LEGAL DESCRIPTION: EVANS JAMES HMSTD PORT OF BLK 8 PB 1 PG 23 AS DESC IN INST#2007000282723

SITE OVERVIEW: The subject site is located in the City of Fort Myers in downtown across the street from the Sydney & Bern Davis Art Center and adjacent to the Franklin Arms building. The site is a small lot consisting of only 12,043 square feet and is located within the Downtown Area Redevelopment District CRA.

• Fort Myers, Florida is seeing rapid economic recovery in the housing market.

• Cape Coral-Fort Myers MSA is ranked as one of the top 10 fastest growing MSA’s within the

U.S.

• Condo sales in Fort Myers are up with current inventory of less than 6 months.

• Lee County Government is advocating for new mixed-use urban development and redevelopment.

• Site location is within the new overlay zone encouraging high density mixed-use urban development.

• South Fort Myers, Florida housing market is one of the strongest in Southwest Florida. SUBJECT LOCATION REGIONAL VIEW REGIONAL

AERIAL VIEW REGIONAL VIEW

ROETZEL & ANDRESS

JACKSON STREET

FIRST STREET AERIAL VIEW 3,652± SF

GROUND FLOOR PLAN 1,900± SF

2,926± SF

SECOND FLOOR PLAN 9,672± SF

THIRD FLOOR PLAN

SUMMARY PROFILE 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups

Lat/Lon: 26.6448/-81.8684 RS1 FIRST STREET PLACE 1 mi radius 3 mi radius 5 mi radius Fort Myers, FL 33901

2016 Estimated Population 5,892 54,468 137,445 2021 Projected Population 6,633 59,868 150,287 N O

I 2010 Census Population 5,113 47,121 123,656 T

A 2000 Census Population 5,894 50,315 116,916 L U

P Projected Annual Growth 2016 to 2021 2.5% 2.0% 1.9% O P Historical Annual Growth 2000 to 2016 - 0.5% 1.1%

2016 Median Age 41.9 40.8 41.9

2016 Estimated Households 2,666 23,185 57,922 S

D 2021 Projected Households 2,982 24,700 61,271 L

O 2010 Census Households 2,229 19,498 50,842 H E

S 2000 Census Households 2,418 20,336 47,751 U

O Projected Annual Growth 2016 to 2021 2.4% 1.3% 1.2% H Historical Annual Growth 2000 to 2016 0.6% 0.9% 1.3%

2016 Estimated White 51.2% 54.1% 67.0% 2016 Estimated Black or African American 40.2% 33.7% 20.0% D Y N T I A 2016 Estimated Asian or Pacific Islander 1.0% 1.2% 1.8%

C I E N C 2016 Estimated American Indian or Native Alaskan 0.3% 0.6% 0.6% H A T R

E 2016 Estimated Other Races 7.3% 10.4% 10.6%

2016 Estimated Hispanic 13.1% 18.8% 21.9%

E 2016 Estimated Average Household Income $50,011 $48,319 $52,425 M

O 2016 Estimated Median Household Income $36,195 $37,655 $41,869 C N I 2016 Estimated Per Capita Income $24,091 $20,838 $22,356

2016 Estimated Elementary (Grade Level 0 to 8) 5.7% 8.9% 8.1% 2016 Estimated Some High School (Grade Level 9 to 11) 16.5% 12.3% 10.3% N ) This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This + O

I 2016 Estimated High School Graduate 27.9% 32.5% 34.4% 5 T 2

E 2016 Estimated Some College 15.6% 19.7% 19.9% C G U A

D 2016 Estimated Associates Degree Only 5.6% 6.0% 7.6% ( E 2016 Estimated Bachelors Degree Only 17.3% 12.8% 12.6% 2016 Estimated Graduate Degree 11.5% 7.8% 7.1%

S 2016 Estimated Total Businesses 1,191 4,122 8,907 S

E 2016 Estimated Total Employees 11,167 39,662 81,107 N I

S 2016 Estimated Employee Population per Business 9.4 9.6 9.1 U B 2016 Estimated Residential Population per Business 4.9 13.2 15.4

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 CITY OF 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 FORT MYERS 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 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 condomini- ums); 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. Tour- ism 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. CITY OF FORT MYERS

Located on the south bank of the Caloosahatchee River, Fort Myers has been home to sol- diers, 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 improve- ments 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. 9250 Corkscrew Rd | Suite 13 | Estero, FL 33928 © 2016 Trinity Commercial Group, Inc. This information is considered accurate, but not guaranteed.