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STONECREST COMMERCIAL | BUSINESS PARK | SENIOR LIVING HWY 441 & 173RD STREET • SUMMERFIELD, FL 34491 FRAN DANN-AKIN FOXFIRE REALTY • 16570 HWY 441 • SUMMERFIELD, FL 34491 (352) 266-7795 • [email protected] Fastest Growing Metro Area in US!

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Page 1: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

STONECRESTCOMMERCIAL | BUSINESS PARK | SENIOR LIVING

HWY 441 & 173RD STREET • SUMMERFIELD, FL 34491

FRAN DANN-AKINFOXFIRE REALTY • 16570 HWY 441 • SUMMERFIELD, FL 34491

(352) 266-7795 • [email protected]

Fastest Growing Metro Area in US!

Page 2: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

HOSPITAL

SPRUCE CREEK

SITE

THE VILLAGES

THE VILLAGES

HW

Y. 441STONECREST

COUNTRY CLUB

Stonecrest Commercial | Business Park | Senior Living is 1 mile North of The Villages. The Villages

consistently ranks as the fastest growing Metro area in the US in 2015. It has more than doubled in

size since 2010 and as of April 2016, the total population of The Villages reached 157,000.

Page 3: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

HWY 441

TOTAL INVESTMENT SUMMARY

Total Price

Total Lot Size

Total Price per Acre

Total Price per Square Foot

Number of Parcels

INVESTMENT SUMMARY | BUSINESS PARK | SENIOR LIVINGSenior Housing Lot Size

Builable Units

Allocated Price

Price per Buildable Unit

INVESTMENT SUMMARY | COMMERCIALCommericial Lot Size

Buildable Square Feet

Land Square Feet

Allocated Price

Price per Land Square Foot

$10,875,00025.54 Acres / 1,112,522 Square Feet

$425,803$9.78

11

18.10 Acres640

$6,700,000$10,469

7.44 Acres (2.25 Acres Hard Corner / 5.19 Acres Outparcels)175,000

324,086 (98,010 SF Hard Corner / 226,076 SF Outparcels$4,175,000

$12.88 ($15 PSF Hard Corner / $12 PSF Outparcels

Page 4: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

STONECRESTCOMMERCIAL | BUSINESS PARK | SENIOR LIVING

Parcel Offering on Highway 441 & SE 173rd Street, Summerfield, FL 34491

$10,875,000

Total Lot Size: 25.46 Acres composed of:

Commercial: 7.44 AcresSenior Housing: 18.10 Acres Zoning: PUD

Parcel Numbers: 6220-100-001 6220-100-002 6220-100-003 6200-100-401

Daily Traffic Count: 38,500

Hard Corner SE 173rd Street and Highway 441

Stonecrest Senior Living | Business Park & Residences

SITE

FRAN DANN-AKIN • 352-266-7795 • [email protected]

The Villages

DellWeb Spruce Creek

SITE

Page 5: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

Looking West on SE 173rd Street heading towards Hard Corner on Hwy 441

Stonecrest COMMERCIAL | BUSINESS PARK | SENIOR LIVING

Stonecrest Commercial | Business Park | Senior Living is a 25.54 acre property with mixed use

(zoned PUD) Senior Housing for 640 senior housing units and 175,000 square feet of professional,

medical and retail space. The site is located on Highway 441/27, which is the predominant

commerical corridor in the area with a Daily Traffic Count of 38,500. This site has the highest

elevation on Highway 441 and offers great visibilty and is within 1 mile of The Villages, which is the

fastest growing city in the United States. It is located 1.5 miles from The Villages Hospital and has

major retailers all within a few miles — 2 Publix, CVS, Walmart, Sam’s Club, Target, 3 Suntrust

Banks, Wells Fargo Bank, Aldis, Belk, Lowes, Home Depot, Best Buy, Bed Bath & Beyond, naming

only a few, and National chain restaurants.

The property has interior roads in place with water and sewer to the site. The property is cleared

and filled to grade and has an off-site drainage pond at the northern end. A Hard Corner has

been approved by The Florida Department of Transportation for a new traffic light with funds

already allocated for installation in an escrow account and will be installed concurrently with the

development of the site.

FRAN DANN-AKIN • 352-266-7795 • [email protected]

Page 6: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

STONECREST CENTER PHASE IVPARTIAL REPLAT

LOT 1707,271.5 SF16.24 ACRES

The Stonecrest Center consists of Eleven (11) platted parcels located within the Stonecrest Center Phase III and IV on US HIghway 441 and SE 173rd Street in Summerfield, FL.

Looking North from SE173rd Street onto SE 109th Terrace Rd.

Page 7: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

2.25 Acres Hard Corner

A hard corner has been approved by the

Florida Department of Transportation for a

new traffic light that will be installed

concurrent with the development of the

site. The funds to pay for the new light

have been placed into an escrow account

and are included with the sale. Water and

Sewer are to the site.

38,500 Daily Traffic Count along the

entrance to the Property shown above.

FRAN DANN-AKIN • 352-266-7795 • [email protected]

Page 8: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

Summerfield Suites17421 SE 109th Terr. Rd.Summerfield, FL 33491

$1800 - $8,000/per month

The Springs of Lady Lake620 Griffin Ave.Lady Lake, FL 32159

$1,200 - $8,000/per month

Steeplechase Gracious Retirement Living12029 CR 103 Oxford, FL 34484

$1,895 - $4,195/per month

Harbor Chase of The Villages13517 NE 86th CtLady Lake, FL

$3,150 and up/per month

Elan Spanish Springs The Villages930 Alverez Ave. The Villages, FL

$4,305 and up /per month

Buffalo Crossing Assisted Living3890 Woodridge Dr.Lady Lake, FL 32159

$3,400 and up/per month

Freedom Point at The Villages1550 El Camino RealThe Villages, FL

$1,200 - $8,000/per month

Sumter Place in The Villages1550 Killingsworth WayThe Villages, FL

$3,900 and up/per month

The Willows of Wildwood4725 Bellwether LaneOxford, FL

$2,700 and up/per month

COMPARABLES FOR SENIOR LIVING | ASSISTED LIVING | CONTINUING CAREWithin 10 miles

Page 9: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

Demographic and Income Profile17330 S US Highway 441, Summerfield, Florida, 34491 Prepared by EsriRing: 10 mile radius Latitude: 28.97007

Longitude: -81.97561

Summary Census 2010 2016 2021Population 156,882 186,540 219,822Households 74,662 88,264 103,975Families 51,649 60,674 71,234Average Household Size 2.09 2.11 2.11Owner Occupied Housing Units 64,425 73,364 85,668Renter Occupied Housing Units 10,237 14,900 18,307Median Age 62.4 62.2 63.9

Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 3.34% 1.29% 0.84%Households 3.33% 1.21% 0.79%Families 3.26% 1.13% 0.72%Owner HHs 3.15% 1.09% 0.73%Median Household Income 2.33% 2.52% 1.89%

2016 2021 Households by Income Number Percent Number Percent

<$15,000 9,492 10.8% 11,398 11.0%$15,000 - $24,999 11,130 12.6% 14,875 14.3%$25,000 - $34,999 11,044 12.5% 10,130 9.7%$35,000 - $49,999 15,686 17.8% 12,818 12.3%$50,000 - $74,999 20,749 23.5% 26,418 25.4%$75,000 - $99,999 9,131 10.3% 12,506 12.0%$100,000 - $149,999 7,429 8.4% 10,528 10.1%$150,000 - $199,999 1,966 2.2% 3,100 3.0%$200,000+ 1,638 1.9% 2,203 2.1%

Median Household Income $46,006 $51,622Average Household Income $59,338 $65,054Per Capita Income $28,183 $30,860

Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent

0 - 4 5,177 3.3% 6,454 3.5% 7,713 3.5%5 - 9 5,231 3.3% 6,506 3.5% 7,556 3.4%10 - 14 5,315 3.4% 6,419 3.4% 7,744 3.5%15 - 19 5,463 3.5% 6,198 3.3% 7,290 3.3%20 - 24 4,420 2.8% 6,379 3.4% 6,881 3.1%25 - 34 9,338 6.0% 13,252 7.1% 16,218 7.4%35 - 44 10,436 6.7% 12,383 6.6% 15,347 7.0%45 - 54 14,345 9.1% 15,590 8.4% 15,999 7.3%55 - 64 28,122 17.9% 30,825 16.5% 28,863 13.1%65 - 74 42,747 27.2% 51,880 27.8% 60,852 27.7%75 - 84 21,336 13.6% 24,211 13.0% 37,078 16.9%

85+ 4,953 3.2% 6,441 3.5% 8,281 3.8%Census 2010 2016 2021

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 141,009 89.9% 163,648 87.7% 189,972 86.4%Black Alone 9,730 6.2% 13,126 7.0% 16,850 7.7%American Indian Alone 453 0.3% 650 0.3% 846 0.4%Asian Alone 1,411 0.9% 2,302 1.2% 3,064 1.4%Pacific Islander Alone 80 0.1% 132 0.1% 173 0.1%Some Other Race Alone 2,248 1.4% 3,664 2.0% 4,891 2.2%Two or More Races 1,951 1.2% 3,016 1.6% 4,026 1.8%

Hispanic Origin (Any Race) 8,953 5.7% 13,871 7.4% 18,795 8.6%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

November 15, 2016

©2016 Esri Page 3 of 4

Page 10: STONECREST - LoopNet › d2 › tbsKk4Rv1IUQSKi0...Summerfield Suites 17421 SE 109th Terr. Rd. Summerfield, FL 33491 $1800 - $8,000/per month The Springs of Lady Lake 620 Griffin Ave

Demographic and Income Profile17330 S US Highway 441, Summerfield, Florida, 34491 Prepared by EsriRing: 10 mile radius Latitude: 28.97007

Longitude: -81.97561

AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent) 3

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

25

20

15

10

5

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

<$15K10.8%

$15K - $24K12.6%

$25K - $34K12.5%

$35K - $49K17.8%

$50K - $74K23.5% $75K - $99K

10.3%

$100K - $149K8.4%

$150K - $199K2.2%

$200K+1.9%

2016 Population by Race2016 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2016 Percent Hispanic Origin: 7.4%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

November 15, 2016

©2016 Esri Page 4 of 4