northwest quadrant of burnt store road & sw pine island ...€¦ · their own independent due...
TRANSCRIPT
5.43± AcresNorthwest Quadrant of Burnt Store Road & SW Pine Island Road
Cape Coral, Florida 33991
OFFERING MEMORANDUM
Exclusively presented by:
Real Estate Corporation of America2040 Virginia AvenueFort Myers, FL 33901
Contact
Bill [email protected]
Coral Shores Shopping Center
Owned by Achieva Credit
Union
The material contained in the Offering Memorandum is confidential, furnished solely for the purpose of considering the acquisition of the Property described herein, and is not to be used for any other purpose or made available to any other person without the express written consent of Real Estate Corporation of America.
The information contained herein has been obtained from sources that we deem to be reliable, and we have no reason to doubt its accuracy. However, no warranty or representation, expressed or implied, is made by the Seller or Broker or any related entity as to the accuracy or completeness of the information contained herein, including but not limited to financial information and projections, and any engineering and environmental information.
Prospective purchasers should make their own investigations, projections, and conclusions. It is expected that prospective purchasers will conduct their own independent due diligence concerning the Property. Real Estate Corporation of America represents the Seller in this transaction and makes no representations, expressed or implied, as to the foregoing matters.
Brokers representing purchasers must look to their clients for a commission.
Seller is a licensed Florida real estate broker.
CONFIDENTIALITY STATEMENT
Executive Summary
Property Details
Location Aerial
Location Map
Site Plan
Zoning
City of Cape Coral Future Land Use
Demographics
Area Overview
City of Cape Coral
Lee County
Southwest Florida
TABLE OF CONTENTS
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Prime development site consisting of 5.43± acres with frontage on Burnt Store Road strategically located across from Coral Shores, a Publix anchored shopping center situated on the northeast corner of SW Pine Island Road and Burnt Store Road.
COMMERCIAL DEVELOPMENT OPPORTUNITY
EXECUTIVE SUMMARY
PROPERTY INFORMATION
Price $3,000,000
Land Size 5.43± Acres
Zoning CORR District (City of Cape Coral)
Future Land Use PIRD (Pine Island Road District)
Utilities Electric, water & sewer available by extension subject to existing capacity. Water & sewer to be installed as per City of Cape Coral with expected completion by 2017.
Flood Zone AE-EL8 (NAVD88)
Retail
Commercial
Banks & Financial lnstitutions
Medical Office
Convenience Store/Gas pumps
Restaurants
PharmacylDrugstore
Automotive Facility
Child Care
CORRIDOR ZONING ALLOWS FOR A WIDE VARIETY OF USES
Strategically located across from Coral Shores Shopping Center, a Publix anchored center at a
signalized intersection within the Pine Island Corridor District.
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PROPERTY DETAILS
AERIALS
Coral Shores Shopping Center
Owned by Achieva Credit
Union
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LOCATION MAP
PROPERTY DETAILS
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PROPOSED SITE PLANBurnt Store Commercial Center
Seller will consider subdividing into 1 to 5 acre parcels.
PROPERTY DETAILS
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ZONING - Corridor District
SITE
The Pine Island Road Master Plan creates three zoning districts for commercial investment properties. The Corridor District, provides broad opportunities for large-scale, destination commercial and business development.
The Commerce Park Overlay allows for heavier industrial uses. The Village District encourages higher density development in a pedestrian-friendly, mixed-use environment. Pine Island Road is served by city water and sewer, and with fiber-optic cable.
PROPERTY DETAILS
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FUTURE LAND USE- Pine Island Road District
PROPERTY DETAILS
SITE
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DEMOGRAPHICS
PROPERTY DETAILS
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PROPERTY DETAILS
DEMOGRAPHICS
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CAPE CORAL OVERVIEW
AREA OVERVIEW
Cape Coral is the largest city in Southwest Florida, strategically located between Tampa and Miami, and 160 miles southwest of Orlando. Based on workforce data and future land use plans, Cape Coral’s growth engine continues to be fueled by population growth, and the business environment will be sustained by investment in commercial and industrial development.
Florida has a low corporate income tax rate and no personal income tax. The state offers a competitive cost-of-doing-business environment and is consistently ranked as one of the top pro-business states in the country. According to the Tax Foundation’s 2015 Facts & Figures Report, the state ranks No. 5 in the nation for its strong business tax climate. Florida also ranks as the No. 2 state in the nation “in which to do business” (Chief Executive 2015).
Cape Coral and the State of Florida offer a variety of tax advantages for corporations that are relocating to Florida. Targeted business could qualify for up to $25 million in combined state, county and city incentives to relocate or expand in our growing community.
The Cape Coral-Fort Myers metro area ranks No. 1 for having the highest net local job growth (WalletHub, May 2015).
Cape Coral-Fort Myers ranks as the No. 6 fastest-growingmetro area in the U.S. (MoneyWatch, March 2015).
Information provided by City of Cape Coral Economic Development Department
Cape Coral ranks No. 4 in the U.S. for the most anticipated economic growth, at 4.5% (Bloomberg, 2015).
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LEE COUNTY OVERVIEW
AREA OVERVIEW
Located along the Gulf Coast of Florida, Lee County is midway between Miami and Tampa along Interstate 75 and boasts a world-class international airport, Southwest Florida International Airport (RSW), and a general aviation facility, Page Field. Both facilities are designated Foreign Trade Zones, and offer state-of-the-art amenities and resources.
Fostering a pro-business attitude, a vibrant workforce and desirable tax climate, it’s easy to see why businesses choose Lee County. In addition to its ideal business climate, Lee County’s world-class quality of life assets – from white-sand beaches to year-round sunshine, make it an attractive place for workforce talent.
Information provided by Lee County Economic Development Office ©2016
Consistently ranked one of the nation’s job growth leaders, Lee County, Florida is home to a thriving business community and world-class quality of life.
5 Reasons to Choose Lee County, Florida1. One of the best business climates in the United States
•With no personal income tax, Florida consistently ranks as one of the •best places to do business, and Lee County businesses benefit from Florida’s state tax structure.
2. A leading location for job growth
3. A strategic location that makes traveling for business and pleasure a breeze
4. Prime real estate opportunities for businesses and residents alike
5. An incredible quality of life that is refreshingly affordable
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SOUTHWEST FLORIDA OVERVIEW
AREA OVERVIEW
Information provided by Southwest Florida Economic Development Alliance
Southwest Florida enjoys an exceptional climate for business as well as for lifestyle.That’s why global companies are locating here.
Southwest Florida is a fast growing economy that provides a competitive framework to global companies such as Chicos FAS, Gartner, Inc. and Shaw Development. The region has 1.2 million residents, a workforce of over 500,000, and prime available locations including acreage, office space, warehousing, and manufacturing. Key benefits include great infrastructure connecting to the world, friendly and flexible business climate, strong educational systems, and fabulous quality of life.
The five counties of Lee, Collier, Charlotte, Hendry, and Glades comprise 1.2 million residents, a workforce of over 500,000 with prime available locations including acreage, office space, warehousing, and manufacturing.
Bill [email protected]
FOR FURTHER INFORMATION, PLEASE CONTACT:
Real Estate Corporation of America2040 Virginia AvenueFort Myers, FL 33901