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For Sale / for Lease Premium Mixed Use Opportunities FOR SALE / FOR LEASE PREMIUM MIXED USE OPPORTUNITIES PRESENTED BY: 2250 MCGREGOR BLVD • FORT MYERS, FL 33901 CONTACT INFORMATION TIM SCHNEIDER TONY MANGIONE TY HENSLEY trinitycre.com 9250 Corkscrew Rd • Suite 13 • Estero, FL 33928 Principal Principal Advisor © 2020 Trinity Commercial Group 239.334.3040 239.334.3040 239.334.3040 This information is considered accurate, but not guaranteed. [email protected] [email protected] [email protected] EXECUTIVE SUMMARY PROPERTY OVERVIEW 4 4 9 9 2 2 8 PRICE: CALL FOR DETAILS 8 2250 MCGREGOR BLVD ADDRESS: FORT MYERS, FL 33901 LAND: 1.23± AC - Allows for up to 55,000 SF of office, 130 room hotel or 1.23 acre retail development HIGHLIGHTS: - Cleared, filled, utilities stubbed to site, this pad is ready for development - Cross parking in garage TRAFFIC 11,500 VPD ON MCGREGOR BLVD COUNTS: 4,400 VPD ON ALTAMONT AVE THE SUBJECT SITE IS LOCATED ON THE SWC LOCATION: OF MCGREGOR BLVD AND ALTAMONT AVE IN DOWNTOWN FORT MYERS, FL. SITE PLAN PUD SITE PLAN CITY WALK CITY OF FORT MYERS, FLORIDA Professional Engineers, Planners, & Land Surveyors Serving The State Of Florida SOUTHWEST, N FLORIDA OXBOWCOMING RESTAURANT SOON 28 STORYTHE HIGH VUE RISE THE DONOVAN 4 9 2 N 8 221 UNIT, 16 STORY HIGH RISE VANTAGE UNDER DEVELOPMENT MULTI-FAMILY, RETAIL, OFFICE FUTURE CITY WALK 318± UNITS UNDER DEVELOPMENT HIGH END MULTI-FAMILY HOUGH ST HOUGH PUD SITE PLAN CITY WALK CITY OF FORT MYERS, FLORIDA AVE WOODFORD Professional Engineers, Planners, & Land Surveyors Serving The State Of Florida MIDTOWN 318 UNIT APARTMENT PROJECT SILVER HILLS THE DONOVAN 4 9 2 8 N MCGREGOR BLVD 11,500± VPD 4,400± VPD PUD SITE PLAN CITY WALK CITY OF FORT MYERS, FLORIDA Professional Engineers, Planners, & Land Surveyors Serving The State Of Florida 4 9 2 8 MCGREGOR BLVD PUD SITE PLAN CITY WALK N CITY OF FORT MYERS, FLORIDA Professional Engineers, Planners, & Land Surveyors Serving The State Of Florida CONCEPTUAL RENDERING MARKET OVERVIEW 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 SOUTHWEST 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 FLORIDA 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. 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. CITY OF 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 FORT MYERS 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. SUMMARY PROFILE 2000-2010 Census, 2019 Estimates with 2024 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 26.6361/-81.8781 RS1 2250 McGregor Blvd 1 mi radius 3 mi radius 5 mi radius Fort Myers, FL 33901 2019 Estimated Population 0 T 5,655 55,576 160,338 2024 Projected Population 0 T 6,367 61,476 177,233 2010 Census Population 0 T 5,294 47,225 133,812 2000 Census Population 0 T 6,183 49,084 127,702 Projected Annual Growth 2019 to 2024 - 2.5% 2.1% 2.1% POPULATION Historical Annual Growth 2000 to 2019 - -0.4% 0.7% 1.3% 2019 Median Age 38.7 41.4 43.0 2019 Estimated Households 0 T 2,316 23,656 66,358 2024 Projected Households 0 T 2,494 24,903 69,829 2010 Census Households 0 T 2,076 19,849 55,290 2000 Census Households 0 T 2,411 20,099 52,316 Projected Annual Growth 2019 to 2024 - 1.5% 1.1% 1.0% HOUSEHOLDS Historical Annual Growth 2000 to 2019 - -0.2% 0.9% 1.4% 2019 Estimated White - 57.7% 58.4% 68.2% 2019 Estimated Black or African American - 30.3% 30.2% 18.1% 2019 Estimated Asian or Pacific Islander - 0.9% 1.7% 2.0% 2019 Estimated American Indian or Native Alaskan - 0.5% 0.5% 0.6% - 10.6% 9.2% 11.1% RACE AND RACE ETHNICITY 2019 Estimated Other Races 2019 Estimated Hispanic - 18.8% 19.0% 25.0% 2019 Estimated Average Household Income $0 T $78,223 $58,482 $55,895 2019 Estimated Median Household Income $0 T $46,878 $46,499 $48,731 INCOME 2019 Estimated Per Capita Income $0 T $33,599 $25,187 $23,378 2019 Estimated Elementary (Grade Level 0 to 8) - 8.3% 7.3% 7.5% 2019 Estimated Some High School (Grade Level 9 to 11) - 10.5% 9.2% 8.8% 2019 Estimated High School Graduate - 31.7% 31.7% 33.0% 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 without is provided herein information The reliable. be to deemed sources government and private from data using produced was report This 2019 Estimated Some College - 17.3% 19.9% 19.6% 2019 Estimated Associates Degree Only - 5.2% 7.4% 8.5% (AGE 25+) EDUCATION 2019 Estimated Bachelors Degree Only - 16.8% 15.7% 14.5% 2019 Estimated Graduate Degree - 10.1% 8.9% 8.0% 2019 Estimated Total Businesses 0 T 1,453 5,169 11,838 2019 Estimated Total Employees 0 T 10,971 45,068 101,847 DEMOGRAPHICS 2019 Estimated Employee Population per Business - 7.5 8.7 8.6 FORT MYERS, FL BUSINESS 2019 Estimated Residential Population per Business - 3.9 10.8 13.5 ©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 1 Demographic Source: Applied Geographic Solutions 4/2019, TIGER Geography PRESENTED BY: TIM SCHNEIDER TONY MANGIONE TY HENSLEY Principal Principal Advisor 239.334.3040 239.334.3040 239.334.3040 SOUTHWEST FL OFFICE [email protected] [email protected] [email protected] 9250 Corkscrew Rd Suite #13 © 2020 Trinity Commercial Group Estero, FL 33928 This information is considered accurate, but not guaranteed.
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