arbor glen - images4.loopnet.com€¦ · arbor glen. offering process. offers should be sent via...

17
OFFERING MEMORANDUM ARBOR GLEN FORT MYERS, FL Winkler Ave. Schoolhouse Rd. Veronica S Shoemaker Blvd. Colonial Elementary School Trailhead Neighborhood Park ARBOR GLEN

Upload: others

Post on 23-Sep-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

1www.landsolutions.netOFFERING MEMORANDUM

ARBOR GLENFORT MYERS, FL

Winkler Ave.

Scho

olho

use

Rd.

Ver

onic

a S

Shoe

mak

er B

lvd.

Colonial Elementary School

Trailhead Neighborhood Park

ARBOR GLEN

Page 2: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

ARBOR GLEN

OFFERING PROCESS

Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase price, earnest money deposit, feasibility period and closing period.

PLEASE DIRECT ALL OFFERS TO:Justin Thibaut - [email protected]

Justin ThibautChief Operating Officer

Brandan PendergrassSales Associate

Doug MeschkoBroker Associate

Randy Thibaut, ALCOwner / CEO

3811 Schoolhouse Rd. EastFort Myers, FL 33916

16.44± Acres

PUD

ERP, SWFMD, Development Order

Stubbed to site

31-44-25-P2-00500.005A

360 Total Units

$3,100,000

Address:

Size:

Zoning:

Permits:

Utilities:

Parcel ID:

2018 Taxes:

Price:

O F F E R I N G S U M M A RY E X E C U T I V E T E A M

MARKETED AND EXCLUSIVELY LISTED BY:

Page 3: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

3www.landsolutions.net

EXECUTIVE SUMMARY

Land Solutions is pleased to present an exclusive listing for Arbor Glen, a unique shovel-ready multi-family site with an “A” infill lo-cation within the City of Fort Myers. The site is fully entitled with a Development Order in place for 360 units within 15 buildings and is also well-suited for other residential configurations, including townhomes, single family residential, and other for rent or for sale product types.

The entitlements in place give developers the ability to start devel-opment immediately following closing, adding much needed inven-tory to a rapidly growing area of Fort Myers. Lee County, in general, continues to experience strong demand for new residential product due to significant growth in both employment and population. Re-cent government figures report both reaching new all-time highs in 2018. This bodes well for the prospects of Arbor Glen to attract new renters and buyers entering the market. In addition, a signifi-cant portion of the existing apartment supply in the immediate area is fully occupied and of considerable age, allowing Arbor Glen to draw from the existing pool of renters interested in new product and modern amenities.

Located adjacent to Colonial Elementary School and Trailhead Neighborhood Park, this property compliments similar successful projects in the area. Situated in the heart of Southwest Florida near the Colonial Blvd. and I-75 corridors, Arbor Glen offers easy access throughout the region.

POTENTIAL USES UNDER PUD ZONINGContact us for the full list of potential uses

• Multi-Family Rental• Condominiums for Sale• Townhomes for Sale• Assisted/Independent Living Facilities• Single Family Residential

What differentiates this parcel from surrounding undeveloped multi-family sites is the up-front work completed to date, which pro-vides a developer the ability to bring new product to market almost immediately and within an area currently in need of new supply. The scope of work completed includes an ERP permit, SFWMD permit, and an approved Development Order. Additional features to reduce development costs and further the ability to commence site work quickly include an on-site lift station, no on-site water retention is required, and all utilities are stubbed to the site.

Although southern Lee County has seen an increase in assisted liv-ing facilities, this submarket within the City of Fort Myers is under-served for this product type.

Page 4: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

4www.landsolutions.net

LEE COUNTY

123

FloridaGulf CoastUniversity

SWFL Int'l. AIRPORT

ESTERO

FORTMYERS

Gateway

BUCKINGHAM

NORTH FORT MYERS

CAPECORAL

LEHIGHACRES

San CarlosPark

ALICO RD

ISLA

ND

PA

RK R

D

MLK BLVD

OR

TIZ

RD

GU

NN

ERY

RD

Burnt Store Marina

BU

RNT

STO

RE R

D

Coral OaksGolf Course KISMET PKWY

LITTLETON RD

PKWY PALM BEACH

BLVD

BAYSHORE RD

River

DEL

PRA

DO

EXT.

80

78

78

765

CAPE CORAL PKWY

DEL

PR

AD

O B

LVD

CH

IQU

ITA

BLV

D CLEV

E LAN

D

BONITABEACH

FORT MYERSBEACH

865

ORANGE RIVER BLVD

FOW

LER

ST

MET

RO

PK

WY

CYPRESS LAKE DANIELS PKWY

BLVD

PKWY

SIX M

ILE

CYPR

ESS P

KWY

Health Park

SUMMERLIN

CORK

BONITASPRINGS

LEE

IMMOKALEE RD

846BONITA RD

RA

ILRO

AD

OA

KS P

KW

Y

THRE

E

RD

ALA

BAMA

BU

CK

ING

HA

MRD

31

ALT. RT 41

MCGREGOR BLV

D

869

GLADIOLUS DR

SAN

CARL

OS BL

VD

JOHN

MO

RRIS

DAVI

S R

SHELL POINT BLVD

ST. JAMESCITY

PERIWINKLE WAY

SANIBELISLAND

CAPTIVAISLAND

CAYOCOSTA

PINE ISLAND RDHANCOCK BRIDGE

PONDELLA RD

RD

887

STRIKE LN

TERRY ST

COLONIAL

BEACH

To SANIBEL

HO

MES

TEA

D R

D

ALE

XA

ND

ER G

RA

HA

M B

ELL

BLV

D

LEELANDHEIGHTS BLVD

JOEL

BLV

D

COCONUT

PELICANLANDING

BONITA BAY

143

867

SCREW RD

TREE

LIN

E

867

82

82

BEN

HIL

L G

RIFF

IN P

KW

Y

Iona

To TAMPA121 Miles

BLVD

AVE

41

41

GULFOF

MEXICO

COL LEGE

PALO

MIN

O L

N

141

139

138

136

131

128

123

116

75

Cal

oosa

hatc

hee

RAILROAD

75

ESTERO BLVD

PINEISLAND

GASPARILLAISLAND

MATLACHA

STRING

FELLOW

RD

75

75

SITE

LOCATION MAP

SITE

Page 5: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

5www.landsolutions.net

MASTER SITE PLAN

AR

BO

RG

LEN

AP

ARTM

ENTS

CITY OF FORT MYERS, FLORIDAARBOR GLEN APARTMENTS

MASTER SITE PLAN

Professional Engineers, Planners, & Land SurveyorsServing The State Of Florida

CONSTRUCTION NOTES:

1. THE CONTRACTOR IS RESPONSIBLE FOR VERIFYING THE LOCATIONS AND ELEVATIONSOF ANY BURIED UTILITY LINES OR CABLES PRIOR TO START OF CONSTRUCTION. THECONTRACTOR IS RESPONSIBLE FOR THE REPAIR AND/OR REPLACEMENT OF ANY UTILITYLINES OR CABLES DISTURBED BY THE CONSTRUCTION OPERATIONS.

2. THE CONTRACTOR SHALL SUPPLY SATISFACTORY DENSITY TESTS OF SUBGRADE ANDLIMEROCK BASE MATERIALS TO THE ENGINEER PRIOR TO PAYMENT AND/OR FINALACCEPTANCE. (ONE TEST PER COURSE PER 600 SQUARE YARDS).

3. THE CONTRACTOR SHALL COORDINATE ALL CONNECTIONS OR RELOCATION OFEXISTING UTILITIES WITH APPROPRIATE UTILITY OWNERS.

4. THE CONTRACTOR SHALL SECURE ALL PERMITS NEEDED TO WORK IN PUBLICRIGHTS-OF-WAY.

5. THE CONTRACTOR SHALL COORDINATE ALL WORK IN THE CITY RIGHTS-OF-WAY WITHTHE CITY OF FORT MYERS.

6. CONTRACTOR SHALL PROVIDE AND MAINTAIN TRAFFIC CONTROL IN ACCORDANCE WITHF.D.O.T. STANDARD SPECIFICATIONS AND INDEXES AND THE FEDERAL HIGHWAYADMINISTRATION'S MANUAL ON UNIFORM TRAFFIC CONTROL DEVICES (MUTCD), PART IV.

7. CONTRACTOR SHALL SEED AND MULCH, UNLESS OTHERWISE NOTED, ALL DISTURBEDAREAS AND OTHERWISE RESTORE ALL AREAS TO EXISTING CONDITION OR BETTER.

8. CONTRACTOR SHALL REPAIR ANY CRACKS OR DAMAGE TO THE SIDEWALK, DRIVEWAYAPRON, ROADWAY, STREET-TREES, LIGHTING, METER BOXES, BACK-FLOW PREVENTERS,CLEAN-OUTS, STORM-WATER STRUCTURES, OR VALVES.

9. ANY WORK PERFORMED WITHOUT THE KNOWLEDGE OF THE ENGINEER IS SUBJECT TORE-EXCAVATION, REMOVAL AND REPLACEMENT OF SAME TO BE DONE AT THECONTRACTOR'S EXPENSE.

10. THE ENGINEER'S INSPECTION STAFF MAY OBSERVE PROJECT CONSTRUCTION.

GOVERNING SPECIFICATIONS:

1. ALL CONSTRUCTION TO BE IN ACCORDANCE WITH FLORIDA DEPARTMENT OFTRANSPORTATION (F.D.O.T.) STANDARD SPECIFICATIONS FOR ROAD AND BRIDGECONSTRUCTION, 2004 OR LATEST EDITION.

2. ALL WORK SHOWN BY INDEX NUMBER SHALL BE IN ACCORDANCE WITH F.D.O.T. DESIGNSTANDARDS, 2006 OR LATEST EDITION.

3. ALL UTILITY CONSTRUCTION TO BE IN ACCORDANCE WITH CITY OF FORT MYERSUTILITIES OPERATION MANUALS AND SUBJECT TO THE FINAL ACCEPTANCE BY CITY OFFORT MYERS UTILITIES.

TECHNICAL SPECIFICATIONS:

1. ALL EMBANKMENT AND FILL TO BE SUITABLE MATERIAL COMPLYING WITH AASHTOCLASSIFICATION GROUPS A-1, A-2, A-3, A-4, A-5, A-6, OR A-7-5 AND OTHERWISE PLACEDAND COMPACTED IN ACCORDANCE WITH F.D.O.T. STANDARD SPECIFICATIONS, SECTION110.

2. STABILIZED SUBGRADE MATERIAL SHALL CONFORM TO F.D.O.T. STANDARDSPECIFICATIONS, SECTION 160 WITH A MINIMUM L.B.R. OF 40. (ALLOWABLEUNDERTOLERANCE PER SECTION 160-7.2 WILL NOT APPLY).

3. SUBGRADE AND LIMEROCK BASE COURSES TO BE COMPACTED TO 98% MINIMUM OF THEMAXIMUM DRY DENSITY AS DETERMINED BY AASHTO T-180 TESTING.

4. UNLESS OTHERWISE NOTED FILL SHALL BE COMPACTED IN STRICT ACCORDANCE WITHTHE BEDDING DETAILS.

GENERAL NOTES:

1. THIS PROJECT PRESENTS NO ADVERSE IMPACTS ON LOCAL GROUNDS OR SURFACEWATERS, AND DOES NOT ADVERSELY IMPACT THE FLOOD ZONE.

2. THIS SITE CAN BE USED FOR THE DEVELOPMENT AS SHOWN WITHOUT UNIQUE DANGERFROM FLOOD, ADVERSE SOIL, AND/OR FOUNDATION CONDITIONS, SUBJECT TO PROPERGEOTECHNICAL INVESTIGATION, SITE DESIGN, AND STRUCTURE DESIGN.

3. NO KNOWN ARCHAEOLOGICAL SITES EXIST WITHIN THE PROJECT AREA.

4. ALL REINFORCED CONCRETE PIPE (RCP) CULVERTS SHALL MEET ASTM C 76, CLASS III, TYPE"B" WALL FOR ROUND PIPE AND MEET ASTM C 507, TABLE I FOR ELLIPTICAL PIPE ANDOTHERWISE BE INSTALLED AND MANUFACTURED IN ACCORDANCE WITH F.D.O.T. SECTIONS430 & 941.

5. CONTRACTOR SHALL PROVIDE AND MAINTAIN TRAFFIC CONTROL IN ACCORDANCE WITHF.D.O.T. ROADWAY AND TRAFFIC DESIGN STANDARDS DATED JANUARY 1994 AND THEFEDERAL HIGHWAY ADMINISTRATION'S MANUAL ON UNIFORM TRAFFIC CONTROL DEVICES(MUTCD), PART IV.

6. ALL PAVEMENT STRIPING TO BE TWO COATS OF HEAVY DUTY ACRYLIC BASED TRAFFICPAINT.

SURFACE WATER MANAGEMENT DATA:

SURFACE WATER MANAGEMENT DATA:MIN. ROAD CROWN EL.: 18.00 FT.MIN. FINISH FLOOR EL.: 19.1 FT. (ALL F.F.'s TO BE 20.10')

LAND DEVELOPMENT AREAS:

TOTAL PROJECT AREA: 16.44± AC PAVEMENT/CONC. AREA (ON-SITE): 5.91 AC. (35.9%) BUILDING COVERAGE: 2.90 AC. (17.6%) REMAINING PERVIOUS AREA: 7.63 AC. (46.5%)

TOTAL PERVIOUS AREA/OPEN SPACE 7.63 AC. (46.5%) TOTAL IMPERVIOUS AREA 8.81 AC. (53.5%)

ALL EXISTING ANDPROPOSED GRADES

ARE ELEVATIONS AREN.G.V.D. 1929

SANITARY SEWER CALCULATION:

360 RESIDENTIAL UNITS x 225 GALLONS PER DAY = 81,000 GALLONS PER DAY TOTAL

SOLID WASTE DISPOSAL REQUIREMENTS:

360 RESIDENTIAL UNITS x 1 CY = 360 C.Y. /MONTH (90 C.Y. /WEEK)1 PICK UP /WEEK = 90 C.Y. /PICKUP30 C.Y. COMPACTOR = 120 C.Y. CAPACITY (4:1 RATIO)90 C.Y. / 120 C.Y. (COMPACTOR CAPACITY) = 1 COMPACTOR REQUIRED

Page 6: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

6www.landsolutions.net

CONCEPTUAL TOWNHOME LAYOUT

VERONICA S. SHOEMAKER BLVD

SCHOOLHOUSE ROAD EAST

SHO

EMAK

ER L

ANE

8-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

8-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

8-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

8-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

8-UN

ITEAC

H U

NIT: 50' D

EEP x 20' WID

E

8-UN

ITEAC

H U

NIT: 50' D

EEP x 20' WID

E

8-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

8-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

8-UN

ITEAC

H U

NIT: 50' D

EEP x 20' WID

E

8-UNITEACH UNIT: 50' DEEP x 20' WIDE

8-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

6-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

8-UNITEACH UNIT: 50' DEEP x 20' WIDE

8-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

8-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

6-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

6-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

6-U

NIT

EAC

H U

NIT

: 50'

DEE

P x

20' W

IDE

6-UN

IT

EACH

UNI

T: 5

0' DE

EP x

20' W

IDE

6-UNIT

EACH UNIT: 50' DEEP x 20' WIDE

45' R.O.W. (TYPICAL)

45' R.O.W. (TYPICAL)

110' LOT DEPTH (TYPICAL)

FEMA LINE6-U

NIT

EACH

UN

IT: 50' DEEP x 20' W

IDE

10' BUFFER

F.P.L. EASEMENT

EMERGENCYVEHICLE ACCESS

ONLY

20' (TYP)8-U

NIT

EACH

UN

IT: 50' DEEP x 20' W

IDE

10 VISITORPARKINGSPACES

5 VISITORPARKINGSPACES

45' R.O.W. (TYPICAL)

6-UNIT ALTERNATE110'

24' 18' 18' 18' 18' 24'

LOT LINES (TYPICAL)RIGHT-OF-WAY LINE

120'

Professional Engineers, Planners, & Land SurveyorsServing The State Of Florida

####

CITY OF FORT MYERS, FLORIDAARBOR GLEN TOWNHOUSES

UNIT QUANITIES:

8-UNIT 15 = 1206-UNIT 7 = 42

TOTAL UNITS = 162

ALTERNATE 6-UNIT DETAIL

Page 7: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

7www.landsolutions.net

LANDSCAPING PLAN

Page 8: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

8www.landsolutions.net

UNDER CONSTRUCTION PROJECTS IN THE PAST 12 MONTHS

Castalina

MarbellaBenderson

Tenants(COMING SOON)

ARBOR GLEN

Winkler Ave.

Colonial Blvd.

Schoolhouse Rd.

Veronica S Shoemaker Blvd.

Page 9: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

9www.landsolutions.net

UNDER CONSTRUCTION PROJECTS IN THE PAST 12 MONTHSCastalina, by CalAtlantic is a 60-acre subdivision that started development in October 2017. The community is planned to have 246 single family homes. Sales in the community started in April 2018.

Portofino Cove is a 262 unit apartment complex that is currently under construction. 56 units were built in 2008 and construction on the remaining 206 units started in March 2018. The first building of the remaining 206 units was completed in December 2018.

Cypress Walk, by Neal Communities is a 49 acre development planned for a total of 114 homes. Neal Communities was issued permits for 21 new homes in 2018. There are 11 homes left to build in the community as of 12/31/2018.

Watermark, by Neal Communities is a 108 acre development planned for a total of 329 homes. Neal Communities was issued permits for 19 new homes in 2018. There are 24 homes left to build in the community as of 12/31/2018.

Marbella at Cypress, by Lennar Homes is a townhome and condominium community planned for a total of 264 units. Lennar was issued permits for 58 new units within the community in 2018. There are 18 units left to build in the community as of 1/1/2018.

Lindsford is a 256 acre community being developed by Ronto Group for a total of 982 residential units. DR Horton is building in the community and they were issued permits for 153 new homes in 2018. There are 317 residential units left to build in the community as of 12/31/2018.

Venetian Apartments is a recently completed (October 2018) 432-unit apartment community that is currently in lease-up. Approximately 315 units remain to be leased as of January 16, 2019 and are leasing 40 units per month.

Mattamy Homes has recently started construction on their planned 238-unit attached villa project and is expected to start sales in February 2019.

Mosaic at the Forum is a 252-unit apartment community that was completed in early 2018 and fully occupied soon after. The project was then sold in November 2018 for $49,725,000 or $197,321 per unit.

Top Golf is a new state of the art driving range which blends technology and entertainment, for golfers and non-golfers, children and adults. It will to create an experience that makes socializing a sport for everyone.

Page 10: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

10www.landsolutions.net

RETAIL MAP

Winkler Ave.

Colonial Blvd.

Schoolhouse

Rd.

Veronica S Shoemaker Blvd.

ARBOR GLEN

Page 11: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

11www.landsolutions.net

POINTS OF INTEREST

SITE

Page 12: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

12www.landsolutions.net

SPORTS & RECREATIONThe Southwest Florida environment provides excellent weather for enjoying sports and recreation year-round. Golfers can enjoy the nearby Eastwood Golf Course as it’s just one of many courses from which to choose in the Fort Myers area. Baseball fans can enjoy two MLB teams during Spring Training season – The Boston Red Sox at JetBlue Park and The Minnesota Twins at CenturyLink Sports Complex (Hammond Stadium). The Fort Myers Miracle baseball team plays during the summer months and a variety of sporting events occur year round at these world-class facilities. Finally, Fort Myers’ location on the Gulf of Mexico make it an excellent place to enjoy a variety of water sports such as boating, kayaking and fishing.

AREA AMENITIES

ATTRACTIONS & ENTERTAINMENTSouthwest Florida’s greatest attractions and entertainment opportunities offer something for everyone, from festival-goers and theatre lovers to families and college students. The Calusa Nature Center and Six Mile Cypress Slough Preserve are two of the closest nature attractions. Each provide wonderful opportunities to explore the Southwest Florida environment and enjoy the beautiful weather. Sun Harvest Citrus is also a very popular outing with a Florida flair, where visitors can purchase grove-fresh oranges and orange juice. Of course, the beaches – including world renowned Sanibel and Captiva Islands and Fort Myers Beach – and other Fort Myers attractions are within a few miles of the property. Additional entertainment can be found throughout the area. From the festivals of The Fort Myers River District to world-class entertainment at Barbara B. Mann Performing Arts Hall and Germain Arena, there is an abundance of cultural and entertainment opportunities for residents to enjoy year-round.

EDUCATIONA highly respected private educational institution, Hodges University, is located just 1 mile from the property. Other higher education opportunities in Fort Myers include Florida Gulf Coast University and Florida Southwestern State College. These are easily accessible, making the site an excellent location for students. For families with children, the School District of Lee County provides excellent public schools within very close proximity to the property. The District provides busing for those who wish to attend a school outside of the immediate neighborhood.

Page 13: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

13www.landsolutions.net

SHOPPING & DININGA plethora of shopping and dining attractions are situated conveniently throughout Fort Myers.

BELL TOWER SHOPS is a landmark shopping, dining and entertainment destination centrally located in Fort Myers, Florida. The open-air center offers fine retail shops including eclectic boutiques and shopping favorites Williams-Sonoma, Chico’s, White House | Black Market, Victoria’s Secret, Scout & Molly’s Boutique, and Talbots. Exceptional shopping is complemented by distinctive restaurants such as Bistro 41, Cru, DaRuMa Japanese Steak House, Grimaldi’s Pizzeria, Blue Pointe Oyster Bar & Seafood Grill, Cantina Laredo, Mimi’s Café, T.G.I. Friday’s, and Society. A community partner and pet-friendly destination, Bell Tower Shops hosts special events throughout the year, including concerts, fundraisers, art fairs, and more.

GULF COAST TOWN CENTER is a sophisticated contemporary shopping experience with more than 100 stores and restaurants and over a million square feet of business space. The mall hosts special events

throughout the year. Bass Pro Shops, Costco, Regal Cinemas, Super Target, and Best Buy anchor this center.

THE FORUM is a 458,000± square foot retail property and presents numerous shopping and dining opportunities to Fort Myers residents. Retail stores include Staples, The Home Depot, Bed Bath & Beyond, and Petco. Dining options include Buffalo Wild Wings, Five Guys Burgers and Fries, McAlister’s Deli, and Starbucks.

COCONUT POINT is a picturesque outdoor mall featuring over 140 stores including Dillard’s, Target, Apple Store, Michael Kors, and Barnes & Noble – all surrounding several acres of lakes with a boardwalk. Experience a wide range of dining options, from the elegant Ruth’s Chris Steakhouse and South Fork Grille, to family favorites Ted’s Montana Grill, Rodizio Grill, Bokamper’s Sports Bar and Grill or California Pizza Kitchen. Additionally, the 16 screen Hollywood Theaters is within walking distance of many of the restaurants in this complex.

LOCATION HIGHLIGHTS

• 2.5± miles from Publix Shopping Center

• 2.5± miles from I-75

• 6± miles from Bell Tower Shops

• 12± miles from Gulf Coast Town Center

• 13± miles from Southwest Florida International Airport

• 17± miles from Sanibel, Captiva, and Fort Myers Beaches

• 19± miles from Coconut Point Mall

AREA AMENITIES

Page 14: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

14www.landsolutions.net

SCHOOL DISTRICT MAP

Free school bus transportation is provided for students who live beyond two miles from their assigned school. Students residing in barrier island boundary areas of Fort Myers Beach, and Pine Island will attend their barrier island elementary school. Students residing in barrier island boundary area of Sanibel Island will attend their barrier island elementary and middle school.

WEST ZONEStudent Assignment Office

Cape Coral .................................................1Elementary Schools

Caloosa (U) ................................................5Cape ..........................................................6Diplomat (U) ..............................................8Gulf .........................................................16Hancock Creek ........................................17Hector A. Cafferata, Jr. (U) ........................40J. Colin English (IB) (U).............................19Littleton (U) ................................................9NFM Academy for the Arts (K-8) (A) (U) .....23Patriot ......................................................44Pelican .....................................................26Skyline ....................................................30Trafalgar (U) .............................................34Tropic Isles ..............................................38

Middle SchoolsCaloosa (CA) ...............................................3Challenger ................................................17Diplomat.....................................................5Gulf ...........................................................8Mariner (IB) ..............................................10NFM Academy for the Arts (K-8) (A) (U) ....23Trafalgar ..................................................13

High SchoolsCape Coral (IB) ..........................................1 Ida S. Baker (CAP) ....................................10Island Coast (CAP) ....................................13Mariner (CAP) .............................................7North Fort Myers (A) (CA) ...........................8

SOUTH ZONEStudent Assignment Office

Fort Myers .................................................2Elementary Schools

Allen Park ..............................................1Bonita Springs (A) (U) ............................4Colonial (U) ............................................7Edison Park (A) ................................... 11Franklin Park (U) ................................. 13Heights (IB) .......................................... 18Orangewood ......................................... 25Pinewoods ........................................... 28Ray V. Pottorf ...................................... 41Rayma C. Page (U) ............................... 42San Carlos Park (A) (U) ........................ 29Spring Creek (U) .................................. 31Tanglewood .......................................... 33Three Oaks .......................................... 36Villas ................................................... 39

Middle SchoolsBonita Springs (A) (CA) ..........................2Cypress Lake (A) ....................................4Fort Myers Middle Academy (U) ............ 16Lexington (IB) ...................................... 15Paul Laurence Dunbar ......................... 11Three Oaks (U) ..................................... 12

High SchoolsBonita Springs (9th & 10th grades only) (FC)-S2 & S3 Only ............................ 14Cypress Lake (A) (CAP) ...........................2Dunbar Zone Magnet (IB/S) .................. 3Estero (CA) ............................................4Fort Myers (IB) .......................................5South Fort Myers (C) (CAP) .................. 11

EAST ZONEStudent Assignment Office

Lehigh Acres .............................................3Elementary Schools

Alva (K-8) .................................................2Bayshore (U) ............................................3Edgewood Academy (A) (U) ................... 10G. Weaver Hipps ...................................... 45Gateway ................................................15Harns Marsh .........................................43James Stephens Academy (U) ..................6Lehigh ...................................................20Manatee (U) ...........................................14Mirror Lakes (U) .....................................22Orange River (U) ....................................24River Hall (U) .........................................12Sunshine ...............................................32Tice (FL) .................................................37Tortuga Preserve (U)...............................46Treeline (U) ............................................35Veterans Park (K-8) (A) (U) .....................27

Middle SchoolsAlva (K-8) .................................................2Harns Marsh (CA) (STEAM) (U) ...............28Lehigh Acres (CA) (STEAM) (U) ...............14Oak Hammock (A) (U) ............................18Varsity Lakes (U)......................................7Veterans Park (K-8) (A) (U) .....................27

High SchoolsDunbar (IB/S)..........................................3East Lee County (C) (CA) ........................12Lehigh Senior (A) (CA) ..............................6Riverdale (IB) ...........................................9

(A) Arts Program; (C) Comprehensive Program; (CA) Cambridge Program; (CAP) AP Capstone; (FC) FGCU Collegiate; (FL) Foreign Language; (IB) International Baccalaureate; (IB/S) IB/STEM; (STEAM) Science, Technology, Engineering, Arts, Math; (STEM) Science, Technology, Engineering, Math; (U) this school has a uniform clothing policy

THE SCHOOL DISTRICT OF LEE COUNTY

STUDENTASSIGNMENT

ZONES2018-2019

Elementary

Middle

Multi-LevelHigh

Multi-ZoneStudentAssignment Office

W-3

W-2

W-1

S-1

S-2

S-3

E-1

E-2E-3

OUT-OF-ZONE STUDENT ENROLLMENT

The School District of Lee County al-

lows a parent from any other school

district in the state of Florida, whose

child is not subject to a current ex-

pulsion or suspension, to enroll and

transport his or her child into any

PUBLIC school (including certain

CHARTER schools) in the District that

has not reached capacity.

Page 15: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

15www.landsolutions.net

DEAL TERMS / CONSULTANTS

Property Management Developer

OFFERING16.44 ± Acres | Fully entitled for 360 multi-family units

DEPOSIT 5% of purchase price. Deposits shall be held in an interest bearing escrow account by the Escrow Agent.

PURCHASE PRICE$3,100,000

BROKERAGE COMMISSIONSLand Solutions serves as the exclusive seller’s broker and will be compensated on behalf of the Seller. All inquiries related to this offering shall be made to Land Solutions directly.

ENGINEERINGSamuel Marshall, P.E. , LEED APBanks Engineering10511 Six Mile Cypress ParkwayFort Myers, Florida 33966Phone: 239.939.5490 | Fax: 239.939.2523www.bankseng.com

CONTRACT / TRANSACTION ATTORNEYCraig Grider, ESQColeman, Yovanovich & Koester, PA4001 Tamiami Trail NorthNaples, Florida 34103Phone: 239.435.5535www.cyklawfirm.com

EXCLUSIVE SELLER’S BROKERRandy Thibaut, CEO, ALC | PresidentLand Solutions, Inc.6810 International Center Blvd.Fort Myers, FL 33912Tel: (239) 489-4066 | Cell: (239) 633-2852Fax: (239) [email protected]

Page 16: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

ARBOR GLEN

L I M I TAT I O N S A N D D I S C L A I M E R S

The content and condition of the property provided herein is to the best knowledge of the Seller. This disclosure is not a warranty of any kind; any information contained within this proposal is limited to information to which the Seller has knowledge.

Information in this presentation is gathered from reliable sources, and is deemed accurate, however any information, drawings, photos, site plans, maps or other exhibits where they are in conflict or confusion with the exhibits attached to an forthcoming purchase and sale agreement, that agreement shall prevail.

It is not intended to be a substitute for any inspections or professional advice the Buyer may wish to obtain. An independent, professional inspection is encouraged and may be helpful to verify the condition of the property.

The Seller and Land Solutions, Inc. disclaim any responsibility for any liability, loss or risk that may be claimed or incurred as a consequence of using this information. Buyer to hold any and all person’s involved in the proposal of the property to be held harmless and keep them exonerated from all loss, damage, liability or expense occasioned or claimed.

Potential Buyer acknowledges that all property information, terms and conditions of this proposal are to be kept confidential, and concur that either the Potential Buyers, nor their agents, affiliates or attorneys will reveal this information to, or discuss with, any third parties.

Buyer will be a qualified Buyer with significant experience in entitlement and development process in Lee County with finesse and wherewithal and be willing to be interviewed by the Land Solutions team.

Page 17: ARBOR GLEN - images4.loopnet.com€¦ · ARBOR GLEN. OFFERING PROCESS. Offers should be sent via Contract or Letter of Intent to include, but not limited to, basic terms such as purchase

17www.landsolutions.net

Winkler Ave.

Scho

olho

use

Rd.

Ver

onic

a S

Shoe

mak

er B

lvd.

Colonial Elementary School

Trailhead Neighborhood Park

ARBOR GLEN

ARBOR GLENFORT MYERS, FL

Land Solutions Inc. was founded in 2000 by Randy Thibaut to serve land owners, developers and home builders in acquiring land suitable for the development of residential and commercial properties. Today, Land Solutions is a recognized leader in Southwest Florida real estate brokerage, offering full land services, market research, asset management, and residential/commercial land marketing specialties. The Land Solutions team consists of highly skilled professionals with expertise in every aspect of the development process. The team specializes in current market and valuation issues, acquisition and disposition services, due diligence evaluation, permitting status and compliance, work-out projects, asset management, and land zoning and planning.

6 8 1 0 I n t e r n a t i o n a l C e n t e r B l v d . • F o r t M y e r s , F L 3 3 9 1 2 • 2 3 9 . 4 8 9 . 4 0 6 6