GABLES VIEW A FOUR-STORY OFFICE BUILDING
2299 S. DOUGLAS ROAD, MIAMI, FL 33145
Confidential Offering Memorandum
MIAMI-DADE COUNTY FLORIDA
BINSWANGER-GATEWAY TABLE OF CONTENTS Y TEWA 1 2 16 31 34
ANGER-GA Y BINSW TEWA ANGER-GA ...... TABLE OF CONTENTS OF TABLE GABLES VIEW GABLES BINSW ...... A FOUR-STORY OFFICE BUILDING OFFICE FOUR-STORY A ...... Overview Market Guidelines and Offer Inquire Executive Summary ...... Executive ...... Overview Property Overview Location
EXECUTIVE SUMMARY 1 Y TEWA ANGER-GA BINSW A four-story office building over underground parking totaling 19,477 square feet with over $1 million of with feet 19,477 square totaling parking over underground office building A four-story approved Miami-Dade County installed including recently Owner since purchase, by building improvements units, and much more. HVAC sprinklers, fire impact glass throughout, exterior road section line traveled heavily Road, a five-lane on Douglas top signage and building presence Significant than 32,000 more to the Property Miami, exposing the City of Gables from the City of Coral which separates per day. vehicles and 37th Avenue) (SW on Douglas Road of frontage with 50-feet corner on a hard The Building is located Business Gables Central Mile and the Coral Miracle from 2-blocks just Street 23rd on SW of frontage 115-feet Airport. and only 4-miles south of Miami International District, suburbs, affluent communities with prestigious and most oldest Gables is one of Miami-Dade County Coral and the America of Latin Capital as the Corporate perceived 500 companies number of Fortune an increasing real estate. and being services,Caribbean, with its primary insurance, finance, industries car by a accessible garage 12-parking spaces in the underground way by security excellent The Building affords gates, roll-down by can be secured level which ground floor lift, with an additional 13-parking spaces on the cameras. access, and security fob elevator with security intercom, floor lobby and a ground a corporate for and especially suitable an Owner/User/Investor for The Building is an ideal investment any or company with ancillary services, financial practice services, insurance firm, medical law headquarters, amenities including dining, numerous to distance all within walking and exposure business needing the signage environment. in a live-work-play and entertainment retail, EXECUTIVE SUMMARY EXECUTIVE Binswanger-Gateway Partnership, as exclusive representative of Gables View LLC (“Owner”), is pleased to offer for (“Owner”), LLC of Gables View to offer is pleased representative as exclusive Partnership, Binswanger-Gateway in Miami-Dade Owner located by in the Building owned fee simple interest the 100% qualified investors sale to Miami, FL 33145 (“Property”). 2299 South Douglas Road, at FL situated County, include: highlights Investment 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 2 PROPERTY OVERVIEW Florida Power &Light Co. Power: Typical to serve officeand related services Lighting: to2,000 AMPservice various panels Electrical Service: fire sprinklers, acoustic ceilings, recessed lighting, new HVAC units,and new restrooms. The officefloors have been completely renovated with newwhite porcelain tile floors, new drywallandglass walls, Interiors Typical to serve officeand related services Toilet Facilities: Miami-Dade County approved impactglass,wood interior doors Windows andDoors: One car lift to underground parking One Passenger Elevators: 1985 andfullyrenovated in2006.New exterior paint andentrance flooringinMay 2019. Date ofConstruction: Walls: Floor Slab: Roof: Construction: Four floors over underground parkingwith exterior balconies on3rd and4thfloors. Number ofFloors: One Number ofBuildings: 0.132 acres (5,750sq.ft.) Land Area: Leaseable: 11,545sq.ft. Gross Area: 19,477sq.ft. Building Area: SW 37thAvenue, Miami,FL33145. situated inMiami-DadeCounty at 2299 office buildingof19,477 gross sq.ft. The property consists ofafour-story Property Description: 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 PROPERTY OVERVIEW Block-wall construction and stucco Concrete twintees Flat roofing system over twin-tees BINSW ANGER-GA TEWA Y PROPERTY OVERVIEW 3 Y TEWA ANGER-GA BINSW Taxes (2018) Taxes $48,760.90 01-4116-009-2720 Zoning: T6-8O Munizone Office Building - Multistory, Flood Map: Zone X is within a the property indicates Map Rate Flood Insurance National Easements: known easement(s) No adverse Description: Location section line traveled heavily a five-lane (Douglas road), 37th Avenue on SW of frontage The building has 50-feet on of frontage 115 feet the city of Miami. With approximately Gables from the city of Coral which seperates road presence and signage. has significant location the building’s street, 23rd SW to is made as or representation deemed reliable, but no warranty herein is from sources contained The information thereof and no liability may be imposed. the accuracy Parking: is 25 spaces. parking Total for 13 spaces. parking floor and ground 12 spaces parking for Underground HVAC: building ductwork through connected units roof-mounted by cooled are centrally areas The office Water: Authority and Sewer Miami-Dade Water Sewer: Authority and Sewer Miami-Dade Water Sprinkler: the building throughout Sprinkler System Security: level floor The ground cameras. and security intercom, fob-accessed elevator, floor lobby, The building has a ground side. street on the 23rd security gates rolling by secured be totally can Carlift: to underground floor ground Carlift from #/Taxes: Parcel Assessor’s # Parcel 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 4 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 UNDERGROUND FLOOR LEVEL
22 R 13 R
21 R NOTE 12 R 1- WATERPROOF UNDER STRUCTURAL SLABS AUD VERTICAL WALLS UP TO 4'-0'' ABOVE BASEMENT FLOOR W/VOLCLAY PALIELS, TIPE I BENTONITE WATERPROOF'G SYSTEM AS MANUFACTURED BY-AMERICAN COLLOID COMPANY. INSTALL AS PER MANUFACTURES SPECIFICATIONS. 2- PANEL SIZE SHALL BE 4'X4'
HEAD CLARENCE AT PARK'G GARAGE SHALL BE 20 R MIN. OF 6'-8''
11 R
WATER PUMP BASIN 12''X16'' W/STEEL GRATING
STAIRS 2 ELECTRICAL ROOM ELEVATOR RETENSION 19 R 18 R 17 R 16 R 15 R 14 R TANK RE. MECH. DRW BINSW 15 RISERS @ 7.2'' 14 TREADS@ 10'' ELEVATOR ELEVATOR/ CAR MACHINE LIFT MACHINE ROOM ROOM
DRAINAGE ANGER-GA DISPOSAL
BASAMENT PARKING FLOOR PLAN TEWA Y PROPERTY OVERVIEW 5
Y
TEWA FLOOR GROUND S.W. 23 Rd STREET Rd 23 S.W.
ANGER-GA
DN
-0'-0'' LOBBY
BINSW
DN
ELEVATOR
STAIRS 1 STAIRS STAIRS 2 STAIRS
UP
6 C 6
-0'-2'' 4 R 4
-0'-2'' 7 C 7
1 H 1
PARKING PARKING
8 C 8
ZONE
LOANDING
5 R 5
2 R 2
9 C 9
LIFT
CAR 3 R 3 10 C 10
DOUGLAS ROAD GROUND FLOOR LEVEL FLOOR GROUND 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 6 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 SECOND FLOOR LEVEL
REVISIONS: REV.1
REV.2
REV.3 design & const, inc.
EXISTING GLASS WINDON 4'-0'' X 5'-0'' EXISTING GLASS WINDON 4'-0'' X 3'-111/2 ADONAI CLAUDIO A JOFRE / CONSULT. ENG. REG# 28531 Phone: (305) 263 8085 / Fax: (305) 263 8064 2867 SW 69 COURT MIAMI, FLORIDA 33155
MEN
LADIES
STAIRS 2 STAIRS 1 ELEVATOR
EXISTING SLIDING GLASS DOOR 8'-1'' X 8'- 0'' BINSW
EXISTING SLIDING GLASS DOOR EXISTING GLASS WINDON EXISTING GLASS BLOCK EXISTING GLASS WINDON 8'-1'' X 8'- 0'' 4'-0'' X 3'-111/2 4'-0'' X 4'-0'' 4'-0'' X 3'-111/2 ANGER-GA
PROPOSED FIRST OFFICE FLOOR PLAN TEWA 2299 DOUGLASS ROAD MIAMI,FL GABLES VIEW BUILDING Y ADDRESS: CLIENT: 1st & 2nd OFFICE FLOORS INTERIOR REMODELING 2299 DOUGLASS ROAD MIAMI,FL GABLES VIEW BUILDING OWNER INFORMATION: NAME: ADDRESS: PHONE:
Job No.:FLOOR PLAN
Drawn By:CG
Scale:1/4
Date : 09/05
A-1
A-2
09/05 Date : : Date
1/4 Scale:
CG Drawn By: By: Drawn
FLOOR PLAN FLOOR Job No.: Job PHONE: ADDRESS: NAME: OWNER INFORMATION: GABLES VIEW BUILDING 7
MIAMI,FL 2299 DOUGLASS ROAD PROPERTY OVERVIEW Y 1st & 2nd OFFICE FLOORS INTERIOR REMODELING CLIENT: ADDRESS:
TEWA
GABLES VIEW BUILDING MIAMI,FL 2299 DOUGLASS ROAD
ANGER-GA PLAN FLOOR OFFICE SECOND PROPOSED
4'-0'' X 4'-0'' X 4'-0''
4'-0'' X 3'-111/2 X 4'-0'' 4'-0'' X 3'-111/2 X 4'-0''
8'-1'' X 8'- 0'' 8'- X 8'-1''
EXISTING GLASS BLOCK GLASS EXISTING
EXISTING CHAIN LINK FENCE LINK CHAIN EXISTING EXISTING GLASS WINDON GLASS EXISTING EXISTING GLASS WINDON GLASS EXISTING
BINSW DOOR GLASS SLIDING EXISTING
8'-1'' X 8'- 0'' 8'- X 8'-1''
EXISTING SLIDING GLASS DOOR GLASS SLIDING EXISTING
STAIRS 1 1 STAIRS STAIRS
ELEVATOR ELEVATOR STAIRS 2 2 STAIRS STAIRS
MEN MEN
LADIES LADIES
4'-0'' X 5'-0'' X 4'-0''
2867 SW69 COURT MIAMI,FLORIDA 33155 Phone: (305) 263 8085/Fax:(305) 8064 CLAUDIO AJOFRE /CONSULT. ENG.REG# 28531 3'-111/2 X 4'-0'' EXISTING GLASS WINDON GLASS EXISTING EXISTING GLASS WINDON GLASS EXISTING ADONAI
const, inc. design &
REV.3
REV.2
REV.1
REVISIONS: THIRD FLOOR LEVEL FLOOR THIRD 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 8 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FOURTH FLOOR LEVEL
REVISIONS: REV.1
REV.2
REV.3 ALEJANDRO PINO / P.E. REG# 59459 Phone: (305) 441-1365 / Fax: (305) 441-1365 2519 GALIANO ST, CORAL GABLES, FLORIDA 33133
A.H.U. LADIES
MEN BINSW
A.H.U.
STAIRS 1 ELEVATOR STAIRS 2 ANGER-GA TEWA
PROPOSED FOURTH OFFICE FLOOR PLAN Y 2299 DOUGLASS ROAD MIAMI,FL GABLES VIEW BUILDING ADDRESS: CLIENT: INTERIOR REMODELING (4th OFFICE FLOOR). 2299 DOUGLASS RD MIAMI,FL (305)441-1365 GABLES VIEW BUILD. OWNER INFORMATION: NAME: ADDRESS: PHONE:
Job No.:FLOOR PLAN
Drawn By:CG
Scale:1/4"=1'
Date : 09/12
A-1 PROPERTY OVERVIEW 9 Y TEWA ANGER-GA BINSW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 10 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 BINSW ANGER-GA TEWA Y PROPERTY OVERVIEW 11 Y TEWA ANGER-GA BINSW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 12 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 BINSW ANGER-GA TEWA Y PROPERTY OVERVIEW 13 Y TEWA ANGER-GA BINSW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 14 PROPERTY OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 BINSW ANGER-GA TEWA Y PROPERTY OVERVIEW 15 Y TEWA ANGER-GA BINSW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 16 LOCATION OVERVIEW Top 10Reasons to ChoseMiami-DadeCounty world continue to chooseMiami-Dade asalocation tooperate from. Miami-Dade County. Withahealthy economy, there are numerous reasons why organizations from around the More than800multinational corporations andthousandsofother companies have chosen to establish officesin Why Miami-DadeCounty? municipality and,ifdeclared acity, would form thelargest cityinFloridaandoneofthelargest inthenation. and zoning protection. Theunincorporated areas ofMiami-DadeCounty donot fall withinthejurisdictionofa and provides suchaspolice cityservices Each municipalityhasitsowngovernment North Miami,andCoral Gables. by Hialeah,MiamiGardens, MiamiBeach, the CityofMiamiislargest followed is comprised of36municipalitieswhich population of over 2.75millionpeopleit and Broward County to thenorth.Witha to thewest, theFloridaKeys to thesouth, Ocean to theeast, Everglades National Park bounded by Biscayne Bay andtheAtlantic southeast tipoftheFloridapeninsulaand Miami-Dade County islocated alongthe 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 MIAMI-DADE COUNTY LOCATION OVERVIEW Miami-Dade County ranks 2 Financial incentive programs and workforce training incentives are available toqualified companies. cultural institutions, and fourmajor professional sports franchises. High qualityoflife withawiderange ofhousingoptions, year-round outdoor recreational activities, renowned Ready access to sophisticated international insurance, banking, legal, andother professional services. Strong, growing domestic economy more serving than5.5millionSouthFloridians. Skilled multicultural workforce drawn from more than120nations speaking over 80languages. Excellent businessclimate withnolocal orstate personal income tax. through state-of-the-art, reliable network communications withEurope andthe western United States. A central location inthe Western Hemisphere and Eastern time zone, facilitating unmatched connectivity a pivotal connecting point between the Americas andthe rest ofthe world. Ability to shipgoods efficiently anywhere inthe worldthrough PortMiami,Florida’s largest container port,and the Caribbeanwithmore flights to the region than any otherUSairport. Convenient direct from airservice MiamiInternational Airport to allmajordestinations in LatinAmerica and chambers ofcommerce that supporttheworldwide flow of goods andservices. nd intheUSwithmost international consulates, trade offices,andbi-national BINSW ANGER-GA TEWA Y LOCATION OVERVIEW 17 Y TEWA ANGER-GA BINSW in Latin American American in Latin st Headquarters with a roster of multinational corporations corporations of multinational with a roster Headquarters Ryder IBM, Clorox, Nokia, AIG, Oracle, includes Apple, that 50 It also includes over King and Porsche. Burger System, like multinationals leading Korean Japanese companies, Chinese Hyundai and Samsung, strong and an increasingly presence. Airport (MIA) Miami International U.S. MIA is the largest 44 million passengers, With over and the Caribbean and is one America Latin for gateway #1 in the United airports ranking busiest of the world’s and #2 in international freight international for States Airports’ Aviation the General and MIA’s passengers. impact is $31 billion. MIA and related annual economic and directly jobs 270,681 contribute industries aviation one out to which equates economy the local to indirectly in Miami-Dade County. of 4.9 jobs PortMiami ports and busiest is among America’s PortMiami as the Cruise Capital the world throughout recognized of the Americas. Gateway and the Cargo of the World port in Florida and the is the #1 container PortMiami fully laden of handling capable only port south of Virginia port closest as North America’s as well 14,000 TEU vessels, to benefits time-saving Providing Canal. the Panama to Rim has with the Pacific trade East, the Far from shippers Port is now the China years. recent in significantly grown #1 partner. of Miami’s Business and Job Creation the business community ago, 10 years than More to effort a concerted began in Miami-Dade County success of the future ensure to the economy diversify of leaders Business and community our community. of sectors, on a variety focus Miami-Dade decided to financial services, sciences, life including aviation, telecommunications, technology and information services, and film professional commerce, international business investment promote to and entertainment, strongest of the result is one The and job creation. job with strong States in the United economies local and domestic from interest increasing and ever growth to expanding and relocating companies in international our community. International Commerce International Miami-Dade County the Americas,” to As the “Gateway Its commerce. for hub as an international has emerged key Caribbean is a and the America Latin to proximity business a vibrant Miami-Dade boasts asset. strategic leading metropolitan and is one of the world’s community 1 ranking global companies for areas 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 18 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 Source: Da ©2019 E ta Note Househld Race ndEthiciy T Median Ag Populatin ra diferent Hispanic Orgnmay Pe T 201 wa I compared to year p rojection f h 2018 to203.Curently, n theidfedarea,thcuye he mdianagethisareais he housoldcountinisarhaangdfom U. rsons ofHipanicorigiet 2018 AmericanIndian/AlaskaNative A lone 2018 Tw 2018 Pac 203 To 201 Household 2018 HispanicOrgin(Any 2018 OtherRa 2018 Asianlone 2018 BlackAone 2018 MedianAg 2018 MalePo 2 2 2 Ave 2018 201 20 Household 2018 WhiteAlon 2 2018 Fe 2 2018 2 2 20 2018 To sri 01 023 Po 01 Po 0 Po 018 0 018 Po : Incomeisxprssed i S. CensuBureau, Censs2010Sum mary File1.Esriforecastsfor2018and2023. E -2018 AnnualRate -2018 AnnualRate -203 AnnualRate -203 AnnualRate -201 AnnualRate -201 AnnualRate s 1.20% tal Households tal Households male Po pulation pulation pulation pulation o orMoreRaces ce/thni groups,is ific IslanderAlo ra 2.53 ge HousholdSize pulation annually. ce intheye pulation ousehold is beofany n c thepopulaionis The five urent dollars ar 2010.Thenumberoffamiliesin t Ra race. TheDiversity Exe Ave 29 SW37th Rings: 1,3,5mi Ave 29 SW37th 41.5 51.5 ce) 213,097 -year projectionfothepopulationinareais , comparedtoU. intheidentifiedarea,compardto64.3 f 79.6% ar populationis cutive Summary , achangeof 49.4% ofthepopulationintheidentifiedareacomparedto18.3 le ra maleand Index,which m , Miami, , Miami, 178,780 S. S. 514,256 dii 1.35% median ageof 3 Florida,331452 Florida,33145 50.6% in 2 . In201 annually f he currentyear is 010 t easures theprobability t fe 0, t male. o 8.3. 199,318 rom thecurrentye he C
ensus coutintheare or theU.S. aswho sri conve in t 44,858 35,516 18,664 15,146 13,317 31 41 17,219 90.8% 52.6% 1. 1.62% 47.4% 1.81% 1.57% 83.8% 1. 1.30% 118,021 2.6% 3.0% 1.5% 2.0% 0.0% 0.1% 73% 21% 41.5 2.38 ,487 ,169 547,396 1 mile he currentyear, a rted Census2000dataint hat two p in t ar total. A represen he spc le. wa a eo % o ve ified area. ple fr ting achangeof BINSW change of rag s f 465,916 the U.S. population. 221,861 263,628 235,642 251,806 e housholdsize is om thesameareawi 83,393 98,836 89,543 94,778 89.7% 51.5% 0.92% 0.84% 48.5% 0.81% 0.69% 83.2% 0.60% 0.71% o 2010geography. 3 miles 3.8% 2.1% 3.0% 0.0% 1.1% 0.2% 43.0 2.61
1.33% . Therate of changesin ANGER-GA 1.26% y. annually. Longitude: Latitude: 25.74816 annuallyfrom
currently Prepared by Esri Pe l befrom Ap rsons o The five ril 15,2019 -80.25447 156,539 424,724 547,396 465,916 514,256 199,318 213,097 178,780 Page 1 of 2 TEWA 5 miles 84.4% 50.6% 1.26% 49.4% 1.20% 1.35% 1.33% 79.6% 0.93% 1.34% 2.52 8.0% 3.7% 1.3% 2.4% 0.0% 0.2% f 40.9 2.52 ce - , Y LOCATION OVERVIEW 19 Y 3.85% 3.34% 3.36% 5 miles 69,648 86,891 11,969 73,231 23,911 73,819 25,263 80,619 28,552 Page 2 of 2 of 2 Page TEWA $50,592 $86,606 $41,882 $73,478 $34,192 $28,990 -80.25447 202,691 105,549 125,499 132,478 224,581 241,649 168,508 ril 15, 2019 the U.S. the U.S. is tly, urrently, hange in Ap ome is 2010, there s projected to by Esri Prepared by n 74816 Latitude: 25. Longitude: $218,492 for f f C . are vacant ANGER-GA ge household inc 11.2% 3 miles o 2010 geography. 4,474 9,006 8,228 8,519 3.59% 3.20% 3.09% 43,837 49,560 59,143 60,295 98,549 87,866 39,555 39,983 35,636 38,541 edian household income $50,029 $87,297 $41,939 $74,560 $33,014 $28,359 103,006 107,355 The annual rate of c ant. The annual rate o ue ome val . M The per capita income i ; and s. Avera
I nt. nd 11.2% are vaca BINSW vac 11.8% household a ccupied; , renter occupied rted Census 2000 data int 1 mile 820 . all U.S. households or all U.S. 8,229 9,368 5,088 5,778 2,123 5,419 1,767 6,036 1,934 ccupied, and 3.60% 3.91% 3.79% 11,800 12,629 17,269 18,986 20,598 14,137 55.9% $56,201 $88,537 $47,103 $73,085 $36,720 $30,490 , compared to a median h sri conve o 2.8% are renter $347,423 o renter households households S. o $83,694 for all U. $322,261 52.1% S. r all U. S. r all U. me of $31,950. per capita inco o the U.S. annually to ouseholds Florida, 33145 Florida, 33145 2 1.51%
dii , Miami, , Miami, le ra owner occupied, f in the area, compared to $58,100 t in this area, compared - 36.1% t in the area, compared $41,882 $73,478 ary Summ cutive in the area is ue . Median home val housing units in the area are owner occupied; th 2299 SW 37 Ave mi Rings: 1, 3, 5 th 2299 SW 37 Ave Exe $28,990 4.66% urrent dollars c n 224,581 ars, compared to $96,109 fo ye in five ars, compared to $65,727 fo ye in five ars, compared to $36,530 for all U.S. h ye of the $86,606 $50,592 housing units in the area ge Household Income ge Household Income ge household income is nter Occupied Housing Units nter Occupied Housing Units nter Occupied Housing Units nter Occupied Housing Units cant Housing Units cant Housing Units cant Housing Units cant Housing Units ra ra ra in five 3 ccupied; 56.0% of the housing units in the area are owner o 32.9% r Capita Income r Capita Income tal Housing Units tal Housing Units tal Housing Units tal Housing Units
ue is projected to change by ars, median val S., l Rate -2023 Annual Rate l Rate -2023 Annual Rate -2023 Annual Rate ye E mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu 202,691 2000 Re 2010 Re 2018 Re 2023 Re 2023 Owner Occupied Housing Units 2023 Va 2000 Va 2010 Owner Occupied Housing Units 2010 Va 2018 Owner Occupied Housing Units 2018 Va 2000 Owner Occupied Housing Units S. 34,192 i : Income is expressed sri 2018 2018 2018 2010 To 2018 To 2023 To 2000 To 2018 Pe 2023 Pe me 2018 Median Household Inco me 2023 Median Household Inco 2018 Ave 2023 Ave U. ouseholds by Income
urrently, housing units since 2010 is In five in the U. were be $ Current per capita income is C projected to be projected to be Current ave Housing Per Capita Income H Current median household income is me Median Household Inco ome Average Household Inc Note ata ource: ©2019 E D S 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 20 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 Tra Wholesa Commu Manufa Public A Other S Educationl S Mangeme Profe Info Re Manufa Utiles A A A To To To U A H S A Re F Tra W C M by NAICSodes To U Gove S Finace, I Re Utilty Tra Construci by SICodes E To D inace &I mp Fo griculte, griculte &M rts, E commo ervics dmi ervics S onstruci nclasifi nclasifi ealth C at forlbusinesseiarea ing Tra holesa Re tal tal B tal tals tal E Tra tail al E Tra tail Insura Centra Re Nonstre Genra Clothing & Health &Pe Bldg M Furnite &H Other S Motin P Insura Eating &Dr Aparel & Fo Legal S H Banks, S H A Au Fo L Other F Inve S M S G Fo E M Education I Health S Au Re S M Furnite &H Au Genra nsportai &Wa nsportai egal S lectronis &A commo ecurits, C port G ecurits B rma otels &L ome asoline S iscelanou S Ve otr Re iscelanou loye od S od S od &B al E nistra rnme sional, S tomo tomo to De Sou Date Sou Date ©2019 E ©2019 E Re stae, mp nteraime usine: stme cturing cturing ervics ( nicato dmi Po sidental tion I e/Re are &S stae, H nce C nce C rce: rce: l B ateril &G de de S ed E ed E tores ervics &Dr dation &Fo l M l M loye nsura ervics ervics mp Veh inacl Note Note ods, H ervics tive tive nt umma alers, G tive nt o ervics ictures &A nsura av hicle &Pa eve nistra ank/Credit I nts &O dation erchandis S erchandis S odging rove Po sidential taions ervics ings &L stablihments stablihments ummar de de nstiuo &L es: Re S inkg P rsonal C sri sri Copy Copy cesory S &S roke arriers &Re arriers &A restry, cientfi tailers f C lothing A ra ntal &L ommodi ing Re nce, : Data onheBu siness Su : Data onheBusiness Su ocial A ome ome ervics exc olding, O ry nce ge S pair &M tion ment pliance S omp nt &Re obby, Re tore as S uport &Wa rs right 2018Infogoup,Al Inc. right 2018Infogoup,Al Inc. pulation: r Re ther tail ept P arden E rehousing Fu Fu y F od S rts De c &Te tores inkg P ending Institutions laces anies &E mu icles are S sitance Aut taions, al E easing ishng &H ty B rnishings S rnishings nterme cesori S Ra pulation ublic A tores creation C seme gents ok, &Mus tores tores ainteanc tailers ervics ther I lated A state Summa lated A ontrac alers ch S tores quipme tores ibraries laces nts diaton & Related Activities e M ste nterprise nve dministration) ervics untig ctivties; Funds, Trusts & ts &O ctivities o Aft o tores stme t &Sup nt tio (p tores ic S angeme erma ther Finacil t Offic nt mmary reportis c mmary reportis c ry tores er 1 Business S Business S mi Rings: 1,3,5 2299 SW37thAve, 299 SW37thAve, mi Rings: 1,3,5 2299 SW37thAve, 299 SW37thAve, plies De rke 00 Res idents) nt &Reme l rightsreserved. E l rightsreserved. E es t alers diation alculated using alculated using le ra le ra sri Total Residential Population forec sri Total Residential Population forec ummary ummary M M M M dii dii iami iami iami iami Num Nu Esri’s Data Esri’s Data mber 1 4,003 4,003 Bu Busines , Florida,33145 , Florida,331452 , Florida,33145 , Florida,331452 ,883 314 109 109 976 321 942 116 197 131 108 135 277 375 138 760 127 537 114 199 223 314 126 502 324 117 146 394 131 476 355 355 ber sinees 56 60 61 40 57 61 29 2 81 3 1 25 84 45 16 24 1 56 24 2 3 5 1 3 3 3 4 3 3 2 7 57 4 1 6 7 9 1 2 4 4 5 1 1 1 7 3 6 8 2 6 Perce Per ses 100.0% 100.0% 24.% 1 4 1 1 23.5% 1.9% allocatio allocatio 7.8% 2.7% 2.7% 8.0% 1.4% 0.1% 1.5% 2.9% 4.9% 1.5% 1.0% 1.4% 1.5% 0.7% 3.3% 0.5% 2.0% 0.8% 0.3% 0.6% 0.% 2 1.% 0.1% 0 2 0.6% 3.3% 0.3% 1.4% 0.6% 8.9% 8.9% 0 0 0 0 0 2 3 0 0 6 1 9 3 3 0 0 0 0 1 2 0 5 5 7 3 8 3 9 0 1 2.5% 7.0% 9.0% 3.4% 1.4% cent .1% .4% .9% .3% .2% .8% .2% .8% .7% .4% .0% .9% .9% .1% .4% .4% .2% .9% .9% .5% .0% .9% .8% .6% .0% .6% .8% .1% .1% .6% .8% .8% .4% 41,169 3 1 4,03 nt 7,063 mile 9 0 n method n method Num Nu 1 37,063 37,063 asts for 2 asts for 2 mber 2,43 1,567 1,329 2,879 3,086 1,38 1,758 1,63 6,940 1,76 2 3 2 8 6 1 3 3 2 2 2 2 4 1 1 5,530 7,43 2,851 1,38 Empl E ,47 ,318 ,26 ,178 ,106 ,647 ,019 ,8 ,764 ,95 ,891 ,305 ,907 ,562 ,078 mployees 63 617 832 23 678 863 231 274 354 30 178 792 723 7 3 8 2 6 2 4 8 2 9 1 3 5 6 84 869 728 869 ber 15 81 43 86 81 45 45 8 2 4 1 75 60 34 29 45 74 4 31 63 1 84 20 87 17 1 9 5 1 which usescenssblockgroptoallcatebusinesssummarydatatocustomareas. which usescenssblockgroptoallcatebusinesssummarydatatocustomarea s. oyees Perce Per 018. 018. 10.% 100.0% 41.9% 22.1% 16.5% 20.1% 18.7% 1 1 4.2% 0.2% 0.2% 0.1% 1.7% 2.% 8.3% 0.6% 1.8% 2.1% 2.0% 2 6 1 9 6 2 0 1 0 4 1 2 2.3% 4.8% 7.7% 3.6% 6.1% 3.6% 7.8% 1.7% 3.6% 2.3% 0.6% 4.7% 0.0% 0.7% 1.0% 0.8% 0.5% 4.% 0.2% 0.1% 2.3% 2.0% 2.3% 0. 8. 7. 2. 8. 7. 6. 0. 0. 0. 0. 1. 0. 1. 4. 2. 0. 0.1% 0.5% 3.2% cent .1% .6% .0% .0% .1% .3% .6% .7% .7% .4% .2% .2% 7% 1% 5% 5% 1% 8% 2% 5% 9% 2% 1% 6% 1% 7% 2% 9% 0% nt Num Nu 12,69 12,669 Busi Busines mber 1,078 1 5 1 2 3,002 1,72 1,538 2,48 1 1,078 ,128 ,847 ,835 ,292 ,32 298 218 175 960 259 659 142 219 347 438 183 341 666 240 143 319 204 275 925 120 ber 341 1 6 7 4 9 9 2 9 2 2 1 1 2 5 24 120 286 297 329 20 34 27 81 72 79 9 53 17 90 8 71 1 79 7 5 4 13 70 49 70 78 07 78 20 01 28 70 65 92 02 7 0 2 6 5 4 9 nesses Perce Per ses 100.0% 100.0% 4 1 1 23.7% 12.1% 17.7% 1 0.6% 0.6% 2.4% 0.6% 8.5% 1 8 1 7 2 5 1 1 0 0 2 3 1.4% 2.7% 5.3% 1.9% 1.1% 2.5% 1.6% 6.2% 4.5% 8.1% 2.2% 7.3% 0.9% 9.3% 2.7% 0.4% 0.1% 0.7% 0.7% 0.6% 0.1% 0.6% 8.5% 0. 5. 5. 3. 7. 7. 2. 7. 1. 1. 0. 0. 1. 0. 1. 2. 4. 0. 1.8% 0.9% 2.3% 2.3% 2.6% 1.6% 0.% 0.4% 2.7% 1.8% cent .7% .9% .4% .6% .0% .2% .1% .7% .7% .1% .7% .5% 112,855 251,806 3 12,669 9% 3% 9% 7% 7% 2% 2% 3% 6% 8% 6% 4% 3% 4% 3% 3% 0% 0% nt miles 45 Number Number 112,855 112,855 14,662 57,036 17,948 21,489 21,706 11,658 16,495 13,421 16,812 3,090 4,049 6, 1, 8, 3, 3, 2, 2, 2, 2, 1,708 1,954 9,362 1,145 1,757 3,264 2,810 4,637 5,525 2,596 6,626 3,404 4,049 9, 2, 5, 7, 3, 9, 1, 2, 1, 3, 3, 1,833 2,596 6,656 4,675 1,454 1,571 2,004 1,970 3,066 Empl Empl 396 942 166 796 954 510 320 357 000 351 130 053 087 529 397 954 592 902 165 954 946 385 287 212 372 663 785 651 160 805 445 444 843 028 019 69 85 27 oyees oyees Percent Pe 100.0% 100.0% 13.0% 50.5% 15.9% 19.0% 19.2% 10.3% 11.9% 14.9% 14.6% rcent 0.4% 0.8% 2.7% 3.6% 0.1% 5. 1. 7. 2. 3. 0. 1. 0. 1. 1. 2. 1.5% 1.7% 8.3% 1.0% 1.6% 2.9% 2.5% 4.1% 4.9% 2.3% 0.1% 0.1% 5.9% 3.0% 0.4% 0.8% 0.5% 0.8% 3.6% 0.1% 0. 8. 2. 5. 6. 2. 8. 1. 0. 0. 0. 2. 0. 1. 2. 2. 0. 1.6% 2.3% 5.9% 4.1% 1.3% 1.4% 1.8% 1.7% 2.7% 8% 2% 4% 7% 0% 7% 9% 8% 8% 8% 2% 8% 3% 4% 1% 8% 8% 7% 3% 8% 3% 3% 2% 2% 6% 7% 7% 0% BINSW Number Number 13,220 31,722 31,722 2,730 1,323 4,228 2,728 2,729 2, 2, 4, 1, 6, 1, 1, 1, 1, 2, 1, 2, 2, 2, 1, 1, 1,704 4,989 6,897 1,981 Businesses Busines 186 221 828 123 223 216 221 499 762 636 409 626 223 479 683 765 623 183 117 473 187 510 201 201 160 112 086 730 115 088 232 721 923 592 249 081 134 070 304 388 708 775 726 639 352 653 640 653 950 471 719 563 734 612 555 653 55 20 29 16 10 Percent Percent ses 100.0% 100.0% ANGER-GA 13.3% 41.7% 12.9% 19.3% 15.7% 21.7% 0.2% 0.1% 0.6% 0.7% 8.6% 2.6% 4.2% 0.4% 0.7% 0.7% 0.0% 0.7% 1. 6. 2. 6. 2. 5. 1. 2. 0. 0. 3. 3. 1. 5. 6. 8. 3. 6. 6. 2. 6. 2. 2. 0. 0. 1. 0. 1. 4. 4. 0. 0.6% 0.6% 8.6% 8.6% 2.2% 2.4% 2.3% 2.0% 1.1% 2.1% 2.0% 2.1% 3.0% 1.5% 5.4% 2.3% 1.8% 2.3% 1.9% 1.7% 6.2% 2.1% 346,099 514,256 5 mil 6% 8% 4% 7% 0% 5% 3% 0% 7% 1% 4% 9% 5% 4% 1% 2% 9% 6% 7% 2% 5% 4% 0% 6% 4% 5% 6% 6% 1% 4% 1% 31,722 67 Longitude: Longitude: es Latitude: 25.74816 Latitude: 25.74816 Number Number 171,199 346,099 346,099 Prepared by Esri Prepared by Esri 16,533 13,069 33,464 10,717 10,717 15 53 18 39 58 13 24 35 58 11 18 17 21 10 12 24,632 15,714 24,393 47,803 61,232 17,963 24,628 1,983 2,368 8,233 2,050 4,024 1,263 2,119 2,368 5, 6, 9, 2, 5, 4, 2, 8, 2, 7, 2, 1, 6, 1, 5, 9, 1, 7,797 7,802 4,878 3,424 3,550 9,676 4,411 3,282 7,070 7,111 4,906 9,637 7,149 Empl Empl Apr Apr ,317 ,445 ,280 ,452 ,755 ,690 ,558 ,276 ,985 ,677 ,540 ,460 ,706 ,672 ,915 469 180 60 455 657 002 649 784 024 473 642 890 124 880 196 341 442 179 854 065 811 861 9 il 15,2019 il 15,2019 -80.25447 -80.25447 Page 2 of 2 Page 1 of 2 oyees oyees Percent Percent 100.0% 100.0% 15.4% 49.5% 11.4% 17.0% 10.2% 17.0% 13.8% 17.7% 0.1% 0.1% 0.6% 0.7% 4.8% 3.8% 2.4% 4. 1. 5. 1. 2. 0. 1. 1. 0. 4. 2. 0.6% 1.2% 0.4% 9.7% 0. 7. 3. 5. 5. 2. 6. 3. 0. 0. 0. 1. 0. 1. 3. 2. 0.6% 0. 0.7% 3.1% 3.1% 0.2% 0.2% 2.3% 2.3% 1.4% 1.0% 1.0% 7.1% 4.5% 7.0% 2.8% 1.3% 0.9% 2.0% 2.1% 1.4% 2.8% 2.1% 5.2% 7.1% TEWA 4% 6% 3% 9% 6% 8% 7% 2% 7% 0% 5% 8% 1% 4% 4% 0% 1% 3% 1% 8% 3% 2% 8% 4% 5% 7% 8% 3% Y LOCATION OVERVIEW 21 Y
2.39 42.1 rcent rcent rcent 5.9% 6.6% 2.0% 4.6% 5.1% 0.1% 7.3% 4.2% 4.4% 2.9% 2.4% 1.4% 2.9% 9.7% 0.0% 8.6% 4.6% 2023 6,036 14.4% 15.4% 13.4% 10.6% 0.79% 1.16% 11.7% 18.8% 86.0% 15.2% 12.2% 91.2% 0.83% 0.71% 2.50% 13.8% 10.6% 44,858 10,811 18,664 12,629 Pe Pe Pe TEWA Page 1 of 6 of 1 Page -80.25447 National ril 15, 2019 2023 2023 2023 Ap 6 by Esri Prepared by 47 878 957 642 74816 Latitude: 25. 2,634 6,813 5,492 2,979 2,045 2,684 1,356 1,894 1,983 6,897 6,022 4,745 1,282 1,084 1,289 2,178 1,811 3,514 1,605 2,574 1,985 2,071 38,562 40,912 Longitude: Number Number Number $56,201 $36,720 $88,537 ANGER-GA
2.38 41.5 rcent rcent rcent 6.1% 5.9% 2.0% 4.6% 4.3% 0.1% 5.6% 4.5% 4.4% 9.7% 3.0% 2.6% 1.5% 3.0% 0.0% 8.9% 4.6% 2018 9,973 5,419 State BINSW 11.4% 15.4% 14.1% 1.36% 1.91% 15.4% 11.3% 17.5% 83.8% 15.4% 12.2% 90.8% 1.41% 1.30% 2.52% 11.0% 14.5% 41,169 17,219 11,800 Pe Pe Pe 2018 2018 2018 6 43 838 740 971 601 2,531 6,343 5,029 2,422 1,912 1,964 1,855 1,814 6,355 5,810 3,977 1,217 1,057 1,242 2,644 1,954 3,021 1,888 2,496 1,540 1,903 34,490 37,383 Number Number Number $47,103 $30,490 $73,085
2.33 40.0 rcent rcent Area 6.7% 6.2% 2.0% 4.3% 0.1% 4.1% 4.7% 8.1% 2.9% 2.9% 1.5% 3.0% 0.0% 5.1% 8,726 5,778 9,368 16.7% 14.5% 1.62% 2.18% 79.7% 16.1% 10.7% 90.5% 1.73% 1.63% 3.60% 35,516 15,146 Pe Pe Census 2010 4 Florida, 33145 Florida, 33145 2 37 709 545 2,368 5,734 3,801 2,213 1,516 1,457 1,666 5,914 5,145 2,877 1,026 1,015 1,055 1,800 28,297 32,152 Census 2010 Census 2010 Number Number , Miami, , Miami, Income Profile phic and dius le ra mogra th 2299 SW 37 Ave Ring: 1 mi th 2299 SW 37 Ave De urrent dollars. ce) c n Ra lone ces ce Alone - $149,999 - $199,999 - $24,999 - $34,999 - $49,999 - $74,999 - $99,999 ge Household Income ge Household Size mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu ra ra - 19 - 24 - 34 - 44 - 54 - 64 - 74 - 84 - 14 o or More Ra its nter Occupied Housing Un 85+ pulation pulation cific Islander Alone r Capita Income milies milies S. - 4 - 9 i : Income is expressed sri U. Hispanic Origin (Any Tw White Alone Black Alone A American Indian Asian Alone Pa Some Other Ra 15 20 25 35 45 55 65 75 Median Household Income Ave Pe 0 5 10 $15,000 $25,000 $35,000 $50,000 $75,000 $100,000 $150,000 $200,000+ Po Households Fa Owner HHs Median Household Income <$15,000 Po Households Fa Ave its Owner Occupied Housing Un Re Median Age Race and Ethnicity Population by Age nual Rate Trends: 2018 - 2023 An Households by Income Summary Note ©2019 E Data Source: 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 22 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 2018 Household Income Household 2018 Source: ©2019 E
Percent byPopulation Age Annual Rate (in percent) 2018-2023 Trends $35K - $49K 10 12 14 0.5 1.5 2.5 3.5 2 4 6 8 14.5% 1 2 3 $50K - $74K U. sri S. 17.5% 0-4 CensuBureau, Censs2010Sum mary File1.Esiforecasts2018and2023. Population $25K - $34K 11.3% $75K - $99K 5-9 8.9% 10-14 De Ave 29 SW37th Ring: 1mi Ave 29 SW37th $15K - $24K Households 11.0% 15-19 mogra $100K - $149K 11.4% le ra $150K - $199K 15.4% <$15K 20-24 $200K+ dius 5.6% phic andIncomeProfile 4.3% , Miami, , Miami, 25-34 Florida,331452 Florida,33145 Families 35-44 Percent Race by 2018 Population 2018 Pe 10 20 30 40 50 60 70 80 90 0 White 45-54 rcent HispanicOrigin: Owner HHs Black 55-64 Am. Ind. Am. 65-74 83.8% BINSW Median HH Income HH Median Asian 75-84 ANGER-GA Pacific 85+ Longitude: Latitude: 25.74816 Other Prepared by Esri Ap ril 15,2019 USA State Area 2023 2018 -80.25447 Page 2 of 6 TEWA Two+ Y LOCATION OVERVIEW 23 Y
2.62 44.0 rcent rcent rcent 5.8% 7.4% 2.0% 4.7% 5.1% 4.8% 0.2% 0.0% 8.0% 4.7% 5.6% 3.2% 3.7% 1.1% 2.9% 9.5% 2023 12.1% 12.0% 13.2% 11.4% 0.79% 1.16% 15.1% 10.1% 15.6% 85.0% 13.5% 13.5% 90.1% 10.8% 13.9% 0.83% 0.71% 2.50% 62,544 38,541 98,836 60,295 Pe Pe Pe 263,628 TEWA Page 3 of 6 of 3 Page -80.25447 National ril 15, 2019 2023 2023 2023 Ap by Esri Prepared by 50 415 74816 Latitude: 25. 5,383 4,774 7,880 8,527 9,771 2,882 7,646 9,393 15,212 35,544 35,471 19,633 10,705 13,727 12,453 13,314 12,003 12,416 14,836 31,570 34,725 29,927 14,938 10,022 15,394 Longitude: Number Number Number $50,029 $33,014 224,073 237,480 $87,297 ANGER-GA
2.61 43.0 rcent rcent rcent 6.1% 6.7% 2.1% 4.7% 5.0% 4.2% 0.2% 0.0% 9.9% 6.8% 4.9% 5.4% 3.2% 3.8% 1.1% 3.0% 8.2% 2018 State BINSW 13.2% 14.1% 10.4% 1.36% 1.91% 17.9% 11.3% 14.4% 83.2% 13.2% 12.9% 89.7% 13.2% 14.0% 1.41% 1.30% 2.52% 59,988 35,636 94,778 59,143 Pe Pe Pe 251,806 2018 2018 2018 49 393 5,339 3,993 9,405 6,430 8,138 9,654 2,758 7,651 7,773 15,456 33,311 32,509 16,957 12,487 13,314 11,899 12,590 12,457 13,573 33,155 35,485 26,276 16,970 10,718 13,691 Number Number Number $41,939 $28,359 209,471 225,962 $74,560
2.58 41.7 rcent rcent Area 7.0% 7.0% 2.1% 5.2% 4.6% 0.2% 0.0% 4.6% 5.8% 9.1% 3.0% 4.0% 1.1% 3.0% 13.1% 14.5% 0.84% 1.58% 80.4% 14.7% 11.5% 89.6% 0.84% 0.92% 3.59% 56,716 39,983 89,543 49,560 Pe Pe 235,642 Census 2010 Florida, 33145 Florida, 33145 2 46 358 4,885 7,133 9,540 2,556 7,101 10,893 13,722 30,771 34,081 21,486 16,420 34,638 27,023 16,444 12,266 10,762 Census 2010 Census 2010 Number Number 189,350 211,156 , Miami, , Miami, Income Profile phic and dius le ra mogra th 2299 SW 37 Ave Ring: 3 mi th 2299 SW 37 Ave De urrent dollars. ce) c n Ra lone ces ce Alone - $149,999 - $199,999 - $24,999 - $34,999 - $49,999 - $74,999 - $99,999 ge Household Income ge Household Size mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu ra ra - 19 - 24 - 34 - 44 - 54 - 64 - 74 - 84 - 14 o or More Ra its nter Occupied Housing Un 85+ pulation pulation cific Islander Alone r Capita Income milies milies S. - 4 - 9 i : Income is expressed sri U. Hispanic Origin (Any Tw White Alone Black Alone A American Indian Asian Alone Pa Some Other Ra 15 20 25 35 45 55 65 75 Median Household Income Ave Pe 0 5 10 $15,000 $25,000 $35,000 $50,000 $75,000 $100,000 $150,000 $200,000+ Po Households Fa Owner HHs Median Household Income <$15,000 Po Households Fa Ave its Owner Occupied Housing Un Re Median Age Race and Ethnicity Population by Age nual Rate Trends: 2018 - 2023 An Households by Income Summary Note ©2019 E Data Source: 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 24 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 2018 Household Income Household 2018 Source: ©2019 E Population byPopulation Age 2018-2023 Trends
$35K - $49K Percent Annual Rate (in percent) 10 12 14 0.5 1.5 2.5 3.5 14.0% 0 2 4 6 8 0 1 2 3 U. sri $25K - $34K $50K - $74K S. 0-4 CensuBureau, Censs2010Sum mary File1.Esiforecasts2018and2023. 11.3% 14.4% Population 5-9 $75K - $99K 8.2% 10-14 $15K - $24K De Ave 29 SW37th Ring: 3mi Ave 29 SW37th 13.2% Households 15-19 mogra $100K - $149K 9.9% le ra $150K - $199K 17.9% <$15K 20-24 $200K+ dius 6.8% 4.2% phic andIncomeProfile , Miami, , Miami, 25-34 Florida,331452 Florida,33145 Families 35-44 Percent Race by 2018 Population 2018 Pe 10 20 30 40 50 60 70 80 0 White 45-54 rcent HispanicOrigin: Owner HHs Black 55-64 Am. Ind. Am. 65-74 83.2% BINSW Median HH Income HH Median Asian 75-84 ANGER-GA Pacific 85+ Longitude: Latitude: 25.74816 Other Prepared by Esri Ap ril 15,2019 USA State Area 2023 2018 -80.25447 Page 4 of 6 TEWA Two+ Y LOCATION OVERVIEW 25 Y
2.51 41.6 rcent rcent rcent 4.9% 6.2% 6.7% 0.3% 2.3% 5.0% 4.8% 0.0% 7.8% 4.7% 5.2% 2.8% 7.8% 1.4% 3.6% 9.7% 2023 12.2% 14.5% 12.8% 10.6% 0.79% 1.16% 16.1% 15.7% 81.3% 14.0% 12.6% 84.7% 10.7% 13.0% 10.1% 0.83% 0.71% 2.50% 80,619 Pe Pe Pe 213,097 132,478 547,396 124,841 TEWA Page 5 of 6 of 5 Page -80.25447 National ril 15, 2019 2023 2023 2023 Ap by Esri Prepared by 114 74816 Latitude: 25. 1,402 7,451 25,986 16,683 25,949 28,587 79,120 70,214 57,773 15,263 42,538 19,628 34,312 20,591 33,394 26,861 34,175 76,776 68,787 36,498 12,776 22,740 27,746 21,442 27,395 10,193 Longitude: Number Number Number $50,592 $34,192 444,901 463,486 $86,606 ANGER-GA
2.52 40.9 rcent rcent rcent 4.9% 6.5% 6.1% 0.2% 2.4% 8.6% 5.0% 4.2% 0.0% 9.9% 6.6% 5.0% 5.1% 9.7% 2.8% 8.0% 1.3% 3.7% 2018 State BINSW 15.2% 13.7% 1.36% 1.91% 19.2% 10.8% 14.6% 79.6% 13.8% 12.3% 84.4% 12.9% 13.2% 1.41% 1.30% 2.52% 73,819 Pe Pe Pe 199,318 125,499 514,256 118,021 2018 2018 2018 101 1,278 8,288 6,662 19,771 13,068 25,725 26,137 78,137 70,229 50,054 14,299 40,956 19,026 38,332 21,536 29,149 25,248 33,353 70,923 63,289 31,160 12,322 25,688 26,297 17,178 25,700 Number Number Number $41,882 $28,990 409,129 433,911 $73,478
2.53 39.9 rcent rcent Area 4.7% 7.4% 6.2% 0.2% 2.3% 5.5% 0.0% 4.7% 5.6% 8.5% 2.6% 8.4% 1.2% 3.6% 14.8% 14.2% 1.35% 1.78% 76.9% 14.9% 11.0% 84.2% 1.26% 1.13% 3.85% 73,231 Pe Pe 178,780 105,549 108,531 465,916 Census 2010 Florida, 33145 Florida, 33145 2 84 1,084 5,626 21,916 26,162 69,066 66,219 39,622 11,916 39,248 16,688 21,678 34,260 69,263 51,469 28,665 10,744 25,678 Census 2010 Census 2010 Number Number 358,370 392,441 , Miami, , Miami, Income Profile phic and dius le ra mogra th 2299 SW 37 Ave Ring: 5 mi th 2299 SW 37 Ave De urrent dollars. ce) c n Ra lone ces ce Alone - $149,999 - $199,999 - $24,999 - $34,999 - $49,999 - $74,999 - $99,999 ge Household Income ge Household Size mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu ra ra - 19 - 24 - 34 - 44 - 54 - 64 - 74 - 84 - 14 o or More Ra its nter Occupied Housing Un 85+ pulation pulation cific Islander Alone r Capita Income milies milies S. - 4 - 9 i : Income is expressed sri U. Hispanic Origin (Any Tw White Alone Black Alone A American Indian Asian Alone Pa Some Other Ra 15 20 25 35 45 55 65 75 Median Household Income Ave Pe 0 5 10 $15,000 $25,000 $35,000 $50,000 $75,000 $100,000 $150,000 $200,000+ Po Households Fa Owner HHs Median Household Income <$15,000 Po Households Fa Ave its Owner Occupied Housing Un Re Median Age Race and Ethnicity Population by Age nual Rate Trends: 2018 - 2023 An Households by Income Summary Note ©2019 E Data Source: 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 26 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 2018 Household Income Household 2018 Source: ©2019 E Population byPopulation Age 2018-2023 Trends
$35K - $49K Percent Annual Rate (in percent) 10 12 14 0.5 1.5 2.5 3.5 13.2% 0 2 4 6 8 1 2 3 U. sri $25K - $34K $50K - $74K S. 10.8% 0-4 CensuBureau, Censs2010Sum mary File1.Esiforecasts2018and2023. 14.6% Population $15K - $24K 5-9 12.9% 10-14 $75K - $99K De Ave 29 SW37th Ring: 5mi Ave 29 SW37th 8.6% Households 15-19 mogra $100K - $149K 9.9% le ra $150K - $199K 19.2% <$15K 20-24 $200K+ dius 6.6% 4.2% phic andIncomeProfile , Miami, , Miami, 25-34 Florida,331452 Florida,33145 Families 35-44 Percent Race by 2018 Population 2018 Pe 10 20 30 40 50 60 70 80 0 White 45-54 rcent HispanicOrigin: Owner HHs Black 55-64 Am. Ind. Am. 65-74 79.6% BINSW Median HH Income HH Median Asian 75-84 ANGER-GA Pacific 85+ Longitude: Latitude: 25.74816 Other Prepared by Esri Ap ril 15,2019 USA State Area 2023 2018 -80.25447 Page 6 of 6 TEWA Two+ Y LOCATION OVERVIEW 27 Y <5 5-19 20-24 25-34 35-44 45-54 55-64 65+ TEWA Page 1 of 3 of 1 Page 2018 2023 -80.25447 ril 15, 2019 $200-299K $300-399K $400-499K $500K+ <$100K $100-199K Ap by Esri Prepared by 2.18 74816 Latitude: 25. Longitude: 4.6% $200K+ ANGER-GA 2.5% 18.5% 13.6% 10.6% OwnerOccupied Housing Units 19.3% 6.1% 2018 2018 HomeHome Value Value BINSW 12.2% $150K-$200K 26.7% 16.9% 15.4% 3.60 2018 2018 PopulationPopulation byby AgeAge $100K-$150K 14.1% 15.4% 24.0% Median Household Income Household Median $75K-$100K 2.0% Tw o + Florida, 33145 Florida, 33145 2 $50K-$75K 2023 18,664 1.62 2018-2023 2018-2023 2018-2023 AnnualAnnual GrowthGrowth RateRate , Miami, , Miami, HouseholdHousehold IncomeIncome 3.0% Other Households dius $35K-$50K le ra 83.8% 1.5% Asn/Pac 2018 17,219 $25K-$35K th 2299 SW 37 Ave Ring: 1 mi th 2299 SW 37 Ave Profile Graphic 0.1% Am .Ind. HouseholdsHouseholds rcent Hispanic Origin: $15K-$25K 2018 2018 PopulationPopulation byby RaceRace 2018 Pe Black 2.6% 1.73 Population 15,146 mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu <$15K S. Census 2010 sri White U. 90.8% 4 3 2 1 0 8 6 4 2 0 0
18 16 14 12 10 4.5 3.5 2.5 1.5 0.5
0 t n e c r e P t n e c r e P 5,000 5,000 ©2019 E Source: 20,000 15,000 10,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 28 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 100,000 120,000 100,000 150,000 200,000 250,000 20,000 40,000 60,000 80,000 Source: ©2019 E 50,000 Percent Percent 0.5 1.5 2.5 3.5 4.5 10 12 14 16 0 0 2 4 6 8 0 0 1 2 3 4 U. sri 89.7% Census 2010 Census White S. <$15K CensuBureau, Censs2010Sum mary File1.Esriforecastsfor2018and2023. 89,543 Population 0.92 2018 Pe 3.8% Black 2018 Population by Race by Population 2018 $15K-$25K spanic Origin: rcent Hi Households m.Ind. Am 0.2% Graphic Profile Ave 29 SW37th Ring: 3mi Ave 29 SW37th $25K-$35K 94,778 2018 Asn/Pac 1.1% 83.2% le ra $35K-$50K dius Households Other 3.0% Household Income Household , Miami, , Miami, 2018-2023 Annual Growth Rate Growth Annual 2018-2023 0.84 98,836 2023 $50K-$75K Florida,331452 Florida,33145 wo+ o Tw 2.1% $75K-$100K Median Household Income 19.6% 13.2% 14.1% $100K-$150K 12.3% 2018 Population by Age by Population 2018 3.59 24.1% 13.2% 12.9% $150K-$200K BINSW 2018 Home Value Home 2018 6.1% 25.8% 13.9% 15.3% Owner Occupied Housing Units Housing Occupied Owner 20.4% 4.4% ANGER-GA $200K+ 4.7% Longitude: Latitude: 25.74816 1.58 Prepared by Esri Ap $100-199K <$100K $500K+ $400-499K $300-399K $200-299K ril 15,2019 -80.25447 2023 2018 Page 2 of 3 TEWA 65+ 55-64 45-54 35-44 25-34 20-24 5-19 <5 Y LOCATION OVERVIEW 29 Y <5 5-19 20-24 25-34 35-44 45-54 55-64 65+ TEWA Page 3 of 3 of 3 Page 2018 2023 -80.25447 ril 15, 2019 $200-299K $300-399K $400-499K $500K+ <$100K $100-199K Ap by Esri Prepared by 1.78 74816 Latitude: 25. Longitude: 5.0% $200K+ ANGER-GA 5.4% 18.6% OwnerOccupied Housing Units 15.0% 22.0% 16.4% 6.5% 2018 2018 HomeHome Value Value BINSW 12.3% $150K-$200K 10.6% 3.85 15.2% 2018 2018 PopulationPopulation byby AgeAge $100K-$150K 13.7% 25.9% 13.8% 19.8% Median Household Income Household Median $75K-$100K 2.4% Tw o + Florida, 33145 Florida, 33145 2 $50K-$75K 2023 213,097 1.35 2018-2023 2018-2023 2018-2023 AnnualAnnual GrowthGrowth RateRate , Miami, , Miami, HouseholdHousehold IncomeIncome 3.7% Other Households dius $35K-$50K le ra 79.6% 1.3% Asn/Pac 2018 199,318 $25K-$35K th 2299 SW 37 Ave Ring: 5 mi th 2299 SW 37 Ave Profile Graphic spanic Origin: 0.2% Am .Ind. HouseholdsHouseholds Hi rcent $15K-$25K 2018 2018 PopulationPopulation byby RaceRace Black 8.0% 2018 Pe 1.26 Population 178,780 mary File 1. Esri forecasts for 2018 and 2023. reau, Census 2010 Sum Census Bu <$15K Census 2010 S. White 84.4% sri U. 0 4 3 2 1 0
5 0
0
15 10
t n e c r e P t n e c r e P 50,000 50,000 ©2019 E Source: 250,000 200,000 150,000 100,000 500,000 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 30 LOCATION OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 LOCATION MAPS BINSW ANGER-GA TEWA Y MARKET OVERVIEW 31 Y TEWA ANGER-GA BINSW MARKET OVERVIEW MARKET MIAMI-DADE COUNTY OFFICE MARKET OFFICE COUNTY MIAMI-DADE MIAMI-DADE COUNTY ECONOMY COUNTY MIAMI-DADE Miami-Dade County’s strong economy is creating the favorable conditions for the local office market. Fundamentals Fundamentals market. office for the local conditions favorable the is creating economy strong Miami-Dade County’s five the last over by 25% increased having rents and lows at historic rates vacancy CBD Class A with tight remain amenities will be strong offering good, landlords are growth rent additional for the prospects Although years. demand. tenant new of advantage take to positioned better few submarkets. a in just concentrated 1.4 million sq. ft. and to just limited were years five the past over Deliveries in already tenants by absorbed swiftly which were Class A deliveries, of the CBD most saw submarket The Brickell absorbed market The Miami-Dade County companies. as new-to-market as well upgrade, seeking to the market construction Planned and under far surpassing deliveries. years, five last over the 4.3 million sq. ft. of office space cycles, high land product delivery long office costs, high construction because primarily limited; remain projects to should help This development. new returns on investment attractive prevent land availability prices and limited sound. fundamentals market keep office strong land, by a lack of developable primarily driven to rise in Miami-Dade County, Sales prices continue over sales price per sq. ft. has risen The average market. to coming projects new limited and fundamentals market increasing supply and given the limited continue rising to projected and is years five in the last 76% on office assets NOI has risen annually since 2013. 5%, and asset around stable are demand. Cap rates investor Miami-Dade County is Florida’s largest largest is Florida’s Miami-Dade County of 2.8 million with a population county, of $120.5 product metro and a gross as a gateway status billion. The market’s America, for Latin particularly market, international attract to will continue will help boost which and trade, capital and finance industries. the construction Miami-Dade decade the past Over by driven has been economy County’s and international growth demographic serves Miami-Dade County investment. as the heart of the South Florida logistics Europe from investors with institutional in Miami-Dade County, capital to pour continue investors Foreign industry. not has transformation This investors. market estate real commercial and residential American Latin eclipsing now diversified. is more base that but also an economic economy, the region’s to a boost only provided It is projected years. five the past 13.9% over by grew and added 144,000 jobs labor market Miami-Dade County’s higher to three is home county The booming demographics. by driven conditions favorable experience to based in the for employers pool talent rich extremely providing an students, and 233,00 institutions education attract engine should economic of Miami-Dade County’s transformation South Florida. The and across county for growth continued will ensure that a much-needed development region, the to jobs and higher paying more markets. and multifamily retail Miami-Dade County’s brings not only ties that international with strong gateway has long been an established Miami-Dade County Miami-Dade County’s Recession, the Great Following area. the to investment of foreign but also high levels visitors, services and strong in its developments with especially positive and transformed, rapidly has expanded economy sectors. trade 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 32 MARKET OVERVIEW 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 widening inorder to increase foot traffic to street-side businesses. recently underwent a$20millionfacelift completed inApril2018withinfrastructure upgrades as well assidewalk The Miracle Mile,anupscale retail district that liesintheheartofofficenodeCoral Gablessubmarket, transactions were lessthan $10millionandmany smallerbuildingsand condos traded hands. Close to $100 million traded in2018,upfrom 2017’s levels butstill below thehistorical average. Most ofthe have holdingsinCoral Gables,andcap rates have beenstable inthemarket, averaging about6%. based inSouthFloridabutdoeshave someinstitutional activity. TA Realty, PGIM,andAEWCapital management all premium over themetro widebenchmark,just behindBrickell. Thissubmarket generally attracts regional players Investors have beengreatly attracted to theCoral Gablessubmarket over the years. Pricing averages an80% development that willalsoincluderetail, hotel, andmultifamily space. and isset to deliver 129,000SFofClassAofficespacein2020.This project ispartofa2.25million-SFmixed-use average. Agave Holding’s Plaza Coral Gables-NorthTower isadvertising rents that range from $58-$61perSF New construction comes at asignificant premium of roughly$53.50per SF, whichisabout15%above the metro finance,insurancebusiness services, and real estate reflect suchalarge share oftheuserbase. another 290,000SFisunderway. Thislikely serves asabarrierfor many businesses,soitisunderstandable that per SF, just behindAventura andBrickell. Tight vacancies attracted developers to buildnearly230,000SF, and Coral Gablesmaintains oneofthehighest rent rates inthemetro area withtheaverage askingrent nearly$42.00 market across theeconomic cycle. developable landfor office projects. These factors have severely restricted supplydynamicsandwillsupportthe of theBrickell andDowntown Miami-DadeCounty areas priorto thecredit crisishasleft littlevery available has beenprimarilydriven by growth intheregion’s sectors. financialandbusinessservices Rapiddevelopment Miami-Dade County office-usingjobs have experienceda very strong increase ofmore than30%since2009.This CORAL GABLES SUBMARKET BINSW ANGER-GA TEWA Y MARKET OVERVIEW 33 Y PHOTO TEWA DATE SALE Jul-18 Jul-16 Oct-18 Feb-19 Mar-16 Dec-18 Dec-18 Dec-17 ANGER-GA BINSW $275.11 $572.56 $488.04 $324.06 $433.95 $377.97 $242.36 $305.51 PER SQ. FT. SALE PRICE SALE PRICE $2,600,000 $8,000,000 $4,000,000 $2,592,500 $5,345,000 $3,900,000 $4,850,000 $10,961,000 $343.20 BUYER SELLER DEL PERU DEL INGS, LLC. OOOM LLC. REAL ESTATE. ESTATE. REAL ALPHANET ALPHANET INC KTP REALTY LLC REALTY KTP PATINO & ASSOC PATINO REDBRIDGE PROP. REDBRIDGE PROP. PINES GROUP INC. PINES GROUP 113 ALMERIA ASSOC ALMERIA 113 MOZES OFFICE LLC. QFO PARTNERS LLC QFO PARTNERS BROCKWAY LTD LLLP LTD BROCKWAY MIAMI DADE COUNTY 131 AVE MADEIRA LLC 1401 PONCE DE LEON CONSULADO GENERAL CONSULADO GENERAL 1790 CORAL WAY HOLD- WAY 1790 CORAL L2 HOLDINGS MIAMI LLC SF: 1938 1974 1954 1969 1971 1965 1990 1973 1954/ 1925/ YEAR BUILT BUILDING SALES: 8 BUILDING 8,196 4,541 8,000 29,079 29,000 12,317 16,092 15,875 SQ. FT. BUILDING 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 FOLIO #
MIAMI, FL MIAMI, FL ADDRESS GABLES, FL GABLES, FL GABLES, FL GABLES, FL LEON CORAL LEON CORAL LEON CORAL LEON CORAL
0341170071140 0341170053030 0341170054820 0341170053050 0141150120070 0341050502850 0341080070130 0341080093250 3310 PONCE DE 1401 PONCE DE 3737 SW 8TH ST 300 SEVILLA AVE 113 ALMERIA 113 AVE 1790 CORAL WAY 101 ALMERIA AVE 131 MADEIRA AVE BUILDING PER SALE PRICE AVERAGE NUMBER OF COMPARABLE NUMBER OF COMPARABLE CORAL CORAL GABLES, FL CORAL CORAL GABLES, FL CORAL CORAL GABLES, FL CORAL CORAL GABLES, FL CORAL CORAL GABLES, FL COMPARABLE PROPERTY SALES PROPERTY COMPARABLE 34 INQUIRE AND OFFER GUIDELINES
Allinquiriesshouldbedirected to: provisions, requirements, terms, andconditions asoutlinedbelow. to accept thehighest offer orany offer. Toqualify for review oftheir offer, offerors must carefully follow the The Property willbesold“as is,where is.” TheOwnerwillconsider allqualifiedoffers butisundernoobligation Road, Miami,FL33145(hereafter “theProperty”). sale ofcertain landandreal property assets andimprovements located inMiami-DadeCounty at 2299S.Douglas Binswanger-Gateway Partnership hasbeenretained (“Binswanger”) by GablesView, regarding LLC (“Owner”) the 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 INQUIRE AND OFFER GUIDELINES [email protected] 305-342-8885 (cell) 305-529-5010 South Miami,FL33143 7301 SW 57 Plaza 57,Suite 540, Binswanger-Gateway Partnership Gables View OfficeBuilding Pedro J. Garcia, SIOR th Court
BINSW ANGER-GA TEWA Y INQUIRE AND OFFER GUIDELINES 35 Y TEWA ANGER-GA BINSW
OFFER REQUIREMENTS OFFER Offers should be submitted in letter form on the offeror’s letterhead and signed by an authorized representative of representative authorized by an and signed letterhead offeror’s the form on letter in should be submitted Offers the offeror. offer: your when submitting information Please include the following Purchaser number of those telephone and detail. The name, address entity in the purchasing identify should The offer as offer should also be included the regarding evaluation during the period of offer be contacted can individuals that feels is important. offeror the other information and financial data as relevant well of Offer Amount good proposed and any for the Property, Price”) price (the “Purchase purchase out the proposed set must The offer and Sale Agreement. of a Purchase execution upon be submitted deposit to faith Proof of Funds ability available funds or evidence of the or contingencies, without for financing commitment evidence of a Written is preferred. the purchase, consummate to Purchase and Sale Agreement with the submission of their and Sale Agreement proposed Purchase a to submit are encouraged Qualified offerors to be selected for an offeror in order required will be and Sale Agreement Purchase executed an event, In any offer. purchaser. as the successful Closing Agreement. and Sale a Purchase execute the parties after than 45-days Closing on the sale shall occur no later Other deems appropriate. offeror that terms other relevant Please submit any 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 36 INQUIRE AND OFFER GUIDELINES procedures. Property willbeconveyed subjectto alllocal zoning andlanduselaws, regulations, ordinances, practices and Offerors should consult withlocal zoning andlanduseauthorities regarding permitted usesofthe Property. The Permits andApprovals restrictions oftitlethat may exist on any ofthe Property. kind, nature ordescription by theOwnerorBinswanger. Offers are subject to any conveyance, covenants, and Offers are invited for theProperty onan “as is,where is”basis,without representations or warranties of any Condition oftheProperty waive any oftheprovisions, requirements, terms, andconditions ofthisoffering. eligibility orqualification of any offeror shallbeinthesoleand absolute discretion oftheOwner. TheOwner may submission anditscompliance withtheprovisions, requirements, terms, andconditions ofthisoffering andthe any obligation oftheOwnerorBinswanger to return suchmaterials. Alldeterminations as to completeness of any contents ofany offer. Allmaterials submitted in response tothis offering become theOwner’s propertywithout The Owneranditsrepresentatives reserve theright to independently investigate or request clarification ofthe Submission ofOffers Property includedinthisoffering from themarket. the highest offeror orofferors. TheOwner may at any timewithdraw the Property, or anyportionof anyofthe Property, through thisOffer process, withoutlimitingthe including, foregoing, todisposeofthe Property to The Ownerhasnoobligation, underthisoffering orotherwise, todisposeofthe Property, or any portionofthe interpretations ofthisoffering, includingtheseInstructions, oradditional information regarding the process. sole andabsolute discretion. Representatives oftheOwnerandBinswanger are notauthorized togive offerors This offering, at any time, may be reissued,amended,supplemented,extended andwithdrawn attheOwner’s or any submissionmadeinconnection withthisoffering or any other reason. to selltheProperty. TheOwnerandBinswanger shallnotincurany obligation orliabilityonaccount ofthisoffering This offering does not constitute asolicitation oran offer forthe purchaseofthe Property, norasolicitation or offer Not anOffer interests. TheSelectionCriteria includesbutisnotlimited to the following: referred to collectively asthe“SelectionCriteria”) that, inOwner’s soleand absolute discretion, areinits best In reviewing andevaluating offers, theOwner may considersuchcriteria (allcriteria considered bytheOwnerbeing 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 TERMS AND CONDITIONS SELECTION CRITERIA Instructions Offeror’s compliance withthe requirements, provisions, terms, and conditions outlinedinthese Offer Offeror’s proposed duediligence andtime toclose Offeror’s qualifications and capability toclose The proposed amount andreceipt ofthedeposit The Purchase Price BINSW ANGER-GA TEWA Y INQUIRE AND OFFER GUIDELINES 37 Y TEWA ANGER-GA BINSW
All offerors on the Property must comply with all applicable federal, state, and local laws and regulations. and laws and local state, federal, all applicable comply with must on the Property All offerors in offeror any by incurred and expenses costs any or refund for will not pay The Owner and Binswanger this offering. to responding to the eligibility, or as an offer compliance of or completeness to the as and all determinations Any of the Owner. discretion will be within the sole and absolute offeror any capability of or qualification offer whose or entity person to any or liability whatsoever no obligation shall have The Owner and Binswanger of this offering. as a result or designated is selected action. any to undertake the Owner or Binswanger does not obligate Issuance of this offering terms and and be bound by all the to abide agrees offeror the Property, for the offer submitting an By including these Instructions. of this offering, conditions GENERAL CONDITIONS GENERAL Neither the Owner nor Binswanger make any representations or warranties whatsoever with respect to the to the respect with whatsoever warranties or representations any make nor Binswanger Neither the Owner as warranties or representations foregoing, including, community the without limiting or surrounding Property offerors; to or otherwiseprovided furnished or assumptions information of any or completeness the accuracy to encumbrances, portion thereof; or any Property of the use or development, or potential the use or development, environmental condition, the physical to the Property; respect with and agreements restrictions, easements, all land and for systems, and utilities location, access, size, boundaries, configuration, layout, condition, in, materials toxic or substances presence of hazardous or absence Property; the the constituting improvements of or the suitability laws; with environmental compliance Property; and the adjacent under or upon the Property specific uses or development. any for the Property foregoing including, without limiting the Property, of the evaluation and own analysis its shall make offeror Each condition, the physical to the Property; respect with and agreements restrictions, easements, encumbrances, for all land systems, and utilities location, size, boundaries, access, configuration, layout, condition, environmental materials toxic or substances of hazardous presence absence or Property; the the constituting and improvements for of the Property and the suitability laws; with environmental compliance or upon the Property; in, under, engineering, technical accounting, and legal, own independent its obtain shall Offeror use or development. any and review examination, foregoing: including, without limiting the Property, to the relating advice on all matters land and or their advisors; by the Owner or Binswanger provided information any of verification independent that conditions restrictions, and and covenants regulations, laws, Property; all local the constituting improvements material. may be that and all other matters of the Property; the use and development affect may offerors to available made information of the to the accuracy as themselves to satisfy responsible shall be Offerors offering. this in contained information any foregoing, including, limiting the without the Owner or Binswanger by following: to the offering is subject this elsewhere, stated conditions terms and to those In addition Expenses in offering, to this responding in offeror any by incurred or expenses costs any for shall not be liable The Owner in offeror by incurred expenses and costs All other circumstances. or under any Property with the connection foregoing, including, limiting the without offeror, by the borne Property will be or the offering with this connection work, and other due diligence research studies, reports, with surveys, in connection and expenses all costs counsel. legal of representation and and advice each offer, of preparation 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 FL MIAMI, ROAD, DOUGLAS S. 2299 38 INQUIRE AND OFFER GUIDELINES indicated above. without thepriorwritten consent ofAgents or Owner, orused for any purposeotherthaninitial evaluations as notice. The contents hereof are confidential and arenot tobe reproduced or distributed to any person or entity statements andinformation contained herein or relating tothe Property, and issubject towithdrawal, allwithout This OMisprovided subjectto errors, omissions,change ofpriceorterms andotherchanges to thematerials, Materials in,under, onoraround theProperty. operation orlaw by Agents orotherwise, orthe owner, as to the existence ornonexistence ornature ofHazardous information shallinno way be construed ascreating any warranties, or representations, express orimplied, by toxic ordangerous chemical, item, orsubstance (“Hazardous Materials”) inrelation to theProperty, such Without limitingthe foregoing, inthe event thisOM contains information relating toasbestos or any hazardous, as to whichnoguaranty orassurance can begiven. Partnership orAgents. Projections, inparticular, are basedon variousassumptions andsubjective determinations provided isfor informational purposesonly, andnodirect reliance isprovided by Owner, Binswanger-Gateway many circumstances beenobtained from outsidesources, andhave notbeentested orverified. Theinformation property, orassumesany responsibility withrespect thereto. Suchmaterials, statements andinformation have in or completeness of suchmaterials, statements orinformation, oras to the condition, qualityorfitnessofthe financial statement andprojections) or information contained herein or relating thereto, or as totheaccuracy operation with oflaw orotherwise, respect to thisOMortheProperty orany materials, statements (including employees andagent (“Agents”), make any representation or warranties, whether expressed orimplied, by Neither Owner, Binswanger-Gateway Partnership, norany oftheirrespective partners, directors, officers, any materials, statements orinformation contained herein provided orotherwise by owner andits representatives. relating to thesame,andshall rely onsuch examination and investigation andnotonthis Offering Memorandum or The potential investor isurged to perform its own examination andinspectionofthe propertyand information the subjectProperty. whether there isinterest inproceeding withfurtherdiscussionsregarding apossiblepurchase of, orinvestment in This Offering Memorandum (“OM”) isprovided for thesolepurposeofallowing apotential investor to evaluate 33145. 19,477 sq.ft.ofbuildingonapproximately .0132acres oflandlocated at 2299 SW 37th Avenue, Miami,Florida Representing GablesView, Binswanger hasbeenauthorized LLC (“Owner”), to present asale for approximately 2299 S. DOUGLAS ROAD, MIAMI, FL 33145 DISCLAIMER BINSW ANGER-GA TEWA Y