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Country Inn & Suites OFFERING MEMORANDUM REAL ESTATE AND BUSINESS VALUE | $8,500,000 COUNTRY INN & SUITES 915 S FAULKENBURG ROAD, TAMPA,FL Country Inn & Suites CONTENTS Executive Summary Executive Summary 5 Location Summary 7 Property Images 9 Demographics Demographics 12 Demographic Charts 13 Exclusively Marketed by: Mark McLoone Steven Davis Andrew Thomas Knight Justin Straker Senior Associate Managing Member Florida Broker of Record Associate 480-429-4580 480-429-4580License # 860-648-1600 480-429-4580 License # BK 3287452 / CQ1046052 License # 673250000 101032000 License #681381000 [email protected] [email protected] [email protected] [email protected] We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Country Inn & Suites Confidentiality and Disclaimer | 03 CONFIDENTIALITY AND DISCLAIMER: The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Retail Investment Group and it should not be made available to any other person or entity without the written consent of Retail Investment Group. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Retail Investment Group. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Retail Investment Group has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence of absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Retail Investment Group has not verified, and will not verify, any of the information contained herein, nor has Retail Investment Group conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property. PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT RETAIL INVESTMENT GROUP FOR MORE DETAILS. Copyright © 2018 CREOP, LLC. All Rights Reserved. Country Inn & Suites | Executive Summary Executive Summary Offering Summary Location Summary COUNTRY INN & SUITES ................................................ Country Inn & Suites Executive Summary | 05 OFFERING SUMMARY Real Estate and Business Value ADDRESS 915 S Faulkenburg Rd Tampa FL Free WiFi and Free Hot Breakfast 33619 COUNTY Tampa Outdoor Pool LEASE TYPE Real Estate and Business Value Fitness Center and Laundry Facilities BUILDING SQUARE FOOT ±55,000 ± 9.2 Miles To Downtown Tampa LAND SQUARE FOOT ±69,696 TOTAL ROOMS 82 ± 32.5 Miles To Saint Petersburg YEAR BUILT 2006 ± 11.8 Miles to Busch Gardens Tampa Bay YEAR RENOVATED 2017 Theme Park OWNERSHIP TYPE Fee Simple ± 1.8 Miles To WestField Brandon Mall # OF STORIES 5 ± 16.5 Miles To Tampa International Airport POOL Yes; Outdoor 4.0/ 5 Stars Rating Trip Advisor FITNESS Yes Country Inn & Suites FLAG Real Estate and Operations are being offered for sale for this Country Inn& Suites. Country Inn& Suites is 82 rooms and 5 stories ,Amenities FINANCIAL SUMMARY include Free Wifi, Outdoor Pool, Free Hot Breakfast, Fitness Center, OFFERING PRICE $8,500,000 Business Center, Laundry Facilities, Read it and Return Lending Library. PRICE PER KEY $103,659 Hotels Nearby are Spring Hill Suites By Marriott Tampa Brandon, Fairfield Inn and Suites By Marriot Tampa Brandon, Home 2 Suites By PRICE PSF $154.55 Hilton Brandon Tampa, Courtyard By Marriot Tampa Brandon, Embassy Suites BY Hilton Tampa Brandon, Homewood Suites By Hilton Tampa CAP RATE 10.59% Brandon, Red Roof Inn Tampa-Brandon, La Quinta Inn and Suites Tampa Brandon West, Motel 6 Tampa Fairgrounds, Hampton Inn DEMOGRAPHICS 1 MILE 3 MILE 5 MILE Tampa/Brandon. 2017 Population 5,363 83,892 192,171 Nearby Retailers Include Burger King, Wendy's, Hooters, McDonald's, Sweet Tomatoes Cherry Bar & Grill, Green Island Frozen, Yogurt & Tea 2017 Median HH Income $57,854 $52,200 $52,911 Bar, Bob Evans, Jin China, Grape Leaf Express, Villa Rina, Islamorada Fish 2017 Average HH Income $71,060 $64,822 $66,749 Company ,Chipotle, Red Lobster, Olive Garden, Starbucks.Office Depot, The Home Depot, Ethan Allen, Caravan, Bass Pro Shops, Target, Ross, Bed Bath and Beyond, WestField Brandon Mall. Country Inn is only ± 11.8 Miles From Downtown Tampa and ± 14.0 Miles To Raymond James Stadium where they host the NFL Tampa Bay Buccaneers Games with the capacity of 65,890 seatings. Amalie Arena ± 9.6 Miles with being 20,500 seating capacity where they host the NHL Hockey Team Tampa Bay Lightning and host more than 150 events every year. Nearby Attractions include Busch Gardens Tampa Bay, Topgolf, The Florida Aquarium, Tampa Zoo, Ybor City, USF Botanical Garden, Adventure Island, AMC The Regency 20, Seminole Hard Rock Casino, Amalie Arena, Raymond James Stadium. Country Inn & Suites Location Summary | 06 The City of Tampa is the Largest city in Hillsborough County with the population of 2.783 million. It is the county seat and is the third most populous city in Florida. It is located on the west coast of Florida, Approximately 200 miles northwest of Miami, 180 southwest of Jacksonville and 20 miles northeast of St.Petersburg. The Population of the city represents approximately one- third of the total population of Hillsborough County. Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the port of Tampa a major business center. Tampa is part of the metropolitan area most commonly referred to as the “Tampa Bay Area”. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D. C. and Atlanta. The Greater Tampa Bay area shows an average annual growth of 2.47 percent, or a gain of approximately 97,000 residents per year. Tampa is ranked as a “Gamma+” world city by Loughborough University. Tampa is best known for its tourist attractions, especially Busch Gardens, where families get the thrill of an amusement park, the next attraction will be to enjoy to watch the famous NFL team the Buccaneers at the Raymond James Stadium, as for the NHL Hockey Team Tampa Bay Lighting at the Amalie Arena. Country Inn & Suites Property Features | 07 Radisson Hotel Group is one of the world’s largest and most dynamic hotel groups with eight distinctive hotel brands and more than 1,400 hotels around the world. Radisson Hotel Groups portfolio includes Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Plaza, Park Inn, Country Inn & Suites, and Prizotel. Radisson Hotel Group strive to being the best host and the best partner for their hotels. They provide meaningful, delightful, and inspiring experiences for their guests and responsive client support for their hotel owners. Radisson Hotel Group are experts in managing relationships and brands with the best people in the business to drive their development. With a robust and successful rewards program, meeting offerings, recognizable brands, and an expert panel of advisors, the possibilities for growth are endless. Country Inn & Suites® by Radisson is part of the Radisson Hotel Group, a privately-owned, leading hotel company with more than 1,370 hotels in operation and under development in over 110 countries and territories worldwide. Country Inn & Suites is headquartered in Minneapolis, Minnesota and is one of seven brands within the Radisson Hotel Group portfolio. A leader in the upper midscale hotel segment, Country Inn & Suites locations feature residential architecture and welcoming interiors to give you the feeling of home.
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