hibiscus crossing & seven oaks · 2017. 11. 13. · coast railway, and is home to the melbourne...

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242 Fifth Avenue Indialantic, FL 32940 321-723-0406 Site Location Melbourne, Florida Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017. Hibiscus Crossing & Seven Oaks

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Page 1: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Site Location

Melbourne, Florida

Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Hibiscus Crossing & Seven Oaks

Page 2: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Aerial Photo

GEOGRAPHIC DESCRIPTION

The two (2) parcels, referredto as Hibiscus Crossing andSeven Oaks and totaling 36±acres, are located in WestMelbourne, Florida butborders Melbourne, Floridaon two sides.

The property is a heavilywooded hammock of matureLive Oak and Laurel Oak treescovering well drained soils ofMyakka and Eau Gallie Sand,ideal for construction.

The site is relatively flat at anapproximate elevation of 20-25 feet N.A.V.D. with nowetlands and direct off-sitestorm water drainage via theM-1 Canal.

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing

7 Oaks

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 3: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Site Data

ZONING

The land parcels are zonedCommercial Parkway (C-P) northof the M-1 Canal, and Multi-Family (R-3) south of the M-1Canal. C-P zoning permits a widevariety of retail uses includingmixed use and multi-family.

UTILITIES

Public sewer and water isavailable to the property throughthe City of West MelbourneUtilities. The property is alsoserved by the Florida Power &Light Co, Spectrum Cable, FloridaCity Gas, and AT&T.

ACCESS

With easy access from Interstate95 and US 192, Hibiscus Crossingis directly accessible fromHibiscus Blvd. from the Northwith over 1860 feet of roadfrontage.

Township: 28

Range: 37

Section: 5

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven Oaks

17,500 Cars per Day

Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 4: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Conceptual Plan

CONCEPTUAL SITE PLAN

Proposed development for this siteincludes:

50 bed Memory Facility 50 bed Health/Rehab Clinic60 unit Assisted Living Facility30 unit Condominiums200 unit Apartment Complex140 room Hotel16,000 SF Retail Space34,000 SF Office Space

A private bridge is planned to connectthe two parcels across the M-1 Canal.

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 5: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Surrounding Area

SURROUNDING AREA

The 36 acre site is centrally located in thegreater Melbourne metropolitan areaclose to a variety of high tech businessesincluding the corporate headquarters ofBrevard County’s third largest employer,Harris Corporation.

Ideally situated just south of theMelbourne International Airport, theproperty is close to several aerospaceindustries including Embraer, NorthropGrumman, Liberty Aerospace, DiscoveryAviation, L3 Communications, ThalesAvionics, General Electric and RockwellCollins.

Supporting the community within 3 milesof this site are three hospitals (Wuesthoff,Health First and Kindred Hospitals), theMelbourne Square Mall, two golf coursesand a variety of hotels, restaurants andretail shops. Combined together, thereare over 3,800 businesses and 46,300employees surrounding the site.

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 6: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Local Demographics

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

3,810

46,317

26,198

$55,179

$176,016

Businesses

Employees

Residents

Average Household Income

Average Home Value

WITHIN 3 MILES OF HIBISCUS CROSSING & SEVEN OAKS

Source: Space Coast Economic Development Commission

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 7: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Population & Income

1 Mile

3 Miles

5 Miles

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Source: Space Coast Economic Development Commission

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 8: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Space Coast

FLORIDA’S “SPACE COAST”

Brevard County, part of Florida’s“Space Coast,” is strategicallylocated on Central Florida’s EastCoast and is home to NASA and theKennedy Space Center as well asPatrick Air Force Base.

Brevard County stretches 72 milesalong the Atlantic Coast offeringmany miles of beaches and inter-coastal waterways, and is home tothe Merritt Island NationalWildlife Refuge, manatees and seaturtles, and is part the FloridaIndian River fruit agricultural area.

Brevard County is servedthroughout its length by InterstateI-95, U.S. 1. and the Florida EastCoast Railway, and is home to theMelbourne International Airport,and the Port Canaveral Seaport.

Most of Brevard County is lessthan 1 hour from Orlando, DisneyWorld and all of Central Florida’smajor tourist attractions.

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven OaksMaterials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 9: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Business

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven Oaks

AREA BUSINESSES

Brevard County includes a diverse corporateneighborhood and anchors the eastern end ofFlorida’s High Tech Corridor, plus the economyitself is well supported by a variety of sectorsincluding health care, agriculture, tourism,manufacturing, education, financial services andconstruction which all strengthen and sustainBrevard County’s overall quality of life.

Four (4) chambers of commerce distributedthroughout Brevard County are available toserve more than 14,000 businesses. BrevardCounty’s high tech concentration is made up ofsome 700 high-tech companies attracting andretaining about 20,000 highly sought afterprofessionals. In fact, Brevard has moreengineers than any other County in Florida –more than four times that of the County insecond place.

Brevard County’s success is largely due to theEconomic Development Commission (EDC) ofFlorida’s Space Coast that unites the local andstate governments agencies to provideincentives and development programs, andpermitting and zoning practices that minimizecosts and maximize ease for expansions andrelocation processes.

Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 10: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Brevard Demographics

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven Oaks

TOP 30 MAJOR NON-RETAIL EMPLOYERS

BREVARD COUNTY

Brevard County is home to avaried and growing populationof cultures, age groups andethnic clusters. With a diverserange of higher educationalopportunities in the area, manyresidents have earned post-secondary degrees that willcarry their skills forward intoBrevard’s established andemerging industry sectors.Households comprised ofsingle and two-person familiesalike make up the majority ofhomes in Brevard. Palm Bay,located in the south part of theCounty boasts the largestpopulation followed byMelbourne and then Titusville.

POPULATION

2010 543,3762016 579,1302020 584,509 Projected2030 631,123 Projected

Patrick Air Force BaseBrevard County SchoolsHealth FirstHarris CorporationBrevard CountyDepartment of DefenseNASANorthrop Grumman Corp.Wuesthoff Medical CenterRockwell Collins, Inc.Brevard County SherriffFlorida Institute of Tech.Eastern Florida State CollegeLockheed TotalParrish Medical CenterCity of MelbourneGSI Commerce SolutionsCity of Palm BayLockheed Martin Corp.United States Postal ServiceAdecco USA Inc.MC Test Service Inc.DNC Parks & Resorts at KSCUnited Launch AllianceBrevard Achievement CenterCity of TitusvilleThe SI Organization Inc.The Devereux FoundationEmbraerMedsolutions Inc.

City of Cocoa

16,2808,5607,7905,8452,3602,2852,0051,9151,7851,6101,2801,2401,2251,0851,040

910850800700680630590575570480470455445440435425

EDUCATION

RACE

Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.

Page 11: Hibiscus Crossing & Seven Oaks · 2017. 11. 13. · Coast Railway, and is home to the Melbourne International Airport, and the Port Canaveral Seaport. Most of Brevard County is less

Brevard Demographics

242 Fifth Avenue

Indialantic, FL 32940

321-723-0406

Hibiscus Crossing & Seven Oaks

For more information, visit: www.brevardcounty.us www.spacecoastedc.org www.melbourneflorida.org www.westmelbourne.org www.mlbair.com

CLIMATE: Brevard County boasts an average of 236 sunny days per year, 51.5 inches of rainfall, and an average temperature of 72.6 degrees.

RENTALS:. HOME SALES:

Materials contained in this brochure which is subject to change without notice is copyright protected and is confidential, furnished solely for the purpose of considering the acquisition, lease and/or joint venture development of the Hibiscus Crossing and

Seven Oaks Property described herein and is not to be used for any other purpose or to be made available to any other person without the express written consent of the Cochran Group and Owner. No representations, expressed or implied are made as to

the foregoing matters by Owner, Owner’s property management/leasing agent, or any of their officers, employees, affiliates and/or agents. Issue date: November 11, 2017.