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Transcript of REDEV EAST COLONIAL GAS STATION - LoopNet
SVN | FLORIDA COMMERCIAL REAL ESTATE ADVISORS | 5401 S. KIRKMAN RD., SUITE 253, ORLANDO , FL 32819 OFFERING MEMORANDUM
REDEV EASTCOLONIAL GASSTATION14266 E COLONIAL DRORLANDO, FL 32826
Ali MushtaqSenior [email protected]
Mital [email protected]
PROPERTY INFORMATION 3Property SummaryProperty DescriptionComplete Highlights
LOCATION INFORMATION 7Regional MapLocation MapsArea RetailArea RetailParcel OutlineStorage Within 5 Mile Radius
DEMOGRAPHICS 14Demographics ReportDemographics MapOrlando
ADVISOR BIOS 18Advisor Bio & Contact 1Advisor Bio & Contact 2Back Page
OFFERING MEMORANDUMREDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR, ORLANDO, FL 32826
1 PROPERTYINFORMATION
14266 E Colonial DrOrlando, FL 32826
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 3
OFFERING SUMMARY
Sale Price: $2,200,000
Lot Size: 2.29 Acres
Zoning: C-1 & A-2
Market: Orlando MSA
Submarket: East Colonial Drive
Traffic Count: 42,000
Price / SF: $22.05
Parcel is ideal for redevelopment (REDEV) into several type uses: Retail, Restaurant, QSR, or Rezone intoC-2 for Climate Control Storage Development. Parcel sits on 250FT frontage on East Colonial Drive.Seller says ESA is clean and will deliver free of any tenants/business.
PROPERTY OVERVIEW
PROPERTY HIGHLIGHTS
• REDEV Opportunity
• Land Size 2.29 Acres
• Zoned C-1 & A-2
Property Summary
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 4The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Parcel is ideal for redevelopment (REDEV) into several type uses: Retail, Restaurant, QSR,or Rezone into C-2 for Climate Control Storage Development. Parcel sits on 250FT frontageon East Colonial Drive. Seller says ESA is clean and will deliver free of any tenants/business.
PROPERTY OVERVIEW
Parcel is located East of Highway 408, and located between Woody Way Street and PelStreet. Full access on signalized intersection on E. Colonial Drive & Pebble Beach Blvd.
LOCATION OVERVIEW
Property Description
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
SALE HIGHLIGHTS
• REDEV Opportunity
• Land Size 2.29 Acres
• Zoned C-1 & A-2
Complete Highlights
2 LOCATIONINFORMATION
14266 E Colonial DrOrlando, FL 32826
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 7
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
REDEV East Colonial GasStation
Regional Map
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Location Maps
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Area Retail
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 11The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Area Retail
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Parcel Outline
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Storage Within 5 Mile Radius
3DEMOGRAPHICS
14266 E Colonial DrOrlando, FL 32826
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 14
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 15The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
1 MILE 3 MILES 5 MILES
Total population 8,866 64,378 146,003
Median age 34.2 29.2 29.5
Median age (male) 30.4 27.6 28.0
Median age (female) 36.7 30.5 30.7
Total households 3,302 21,630 48,465
Total persons per HH 2.7 3.0 3.0
Average HH income $54,494 $65,333 $67,568
Average house value $137,993 $265,944 $278,728
* Demographic data derived from 2010 US Census
Demographics Report
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 16The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 8,866 64,378 146,003
Median age 34.2 29.2 29.5
Median age (Male) 30.4 27.6 28.0
Median age (Female) 36.7 30.5 30.7
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 3,302 21,630 48,465
# of persons per HH 2.7 3.0 3.0
Average HH income $54,494 $65,333 $67,568
Average house value $137,993 $265,944 $278,728
* Demographic data derived from 2010 US Census
Demographics Map
Orlando is an area in the central region of Florida. Also known as Greater Orlando it is a popular tourist
destination thanks to the many theme parks in the area. Famous attractions include Walt Disney World, SeaWorld
Orlando and Universal Orlando. Millions of tourists visit these and other attractions every year.
As one of the nation’s fastest growing labor markets, adding more than 3,500 new jobs per month, Orlando is
positioned to continue its trajectory as one of the nation’s top locations for job growth. Opportunities abound in
industries ranging from business services to construction and from healthcare to manufacturing
The nation's total metro area population will grow by 24 percent from 2016-2046 and will be especially fast in some of
the largest metros. Population will increase by more than 50 percent during that time in Orlando; Dallas; Houston;
Phoenix; Riverside, Calif.; Austin, Texas; and San Antonio. Orlando consistently has boasted record-breaking visitation
numbers, with 68 million visitors last year, up from the 2015's 66 million visitors. The number of metro jobs also is expected to grow.
Orlando's economy has greatly diversified from tourism, and the area is now considered a primary city for the modeling, simulation and training
(MS&T) industry. The University of Central Florida is home to more than 60,000 students, the second largest public university campus by
enrollment and established the UCF College of Medicine in 2006. The Central Florida Research Park is the seventh largest research park in the
United States by number of employees, and fourth largest by number of companies. In
addition to having a Lockheed Martin branch, it also hosts other major hi-tech
companies such as Oracle Corporation, Electronic Arts, and Siemens.
Orlando is targeting the biotechnology and life sciences industries, with major new
projects clustering in the Lake Nona Medical City. In addition to the UCF College of
Medicine, a VA Hospital, a Sanford-Burnham Institute research center[when?] and a
Nemours Foundation children's hospital are being constructed.
Orlando has more than $9 billion in infrastructure construction. Notable projects
include the Interstate 4 expansion, Orlando International Airport and Orlando Sanford International Airport expansions and SunRail’s phase 2,
according to the Orlando Economic Partnership’s 2017 second quarter insight for Orlando. In addition, the Central Florida Expressway Authority
recently announced it adopted its largest plan ever, which would create more than 11,000 jobs within five years.
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 17The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Orlando
4 ADVISOR BIOS14266 E Colonial DrOrlando, FL 32826
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 18
5401 S. Kirkman Rd.Suite 253Orlando , FL 32819T 407.982.3976C [email protected] #SL3039910
PROFESSIONAL BACKGROUND
SVN is now Top #6 most recognized brand in Commercial Real Estate.
Ali Mushtaq serves as Senior Advisor for SVN Florida specializing in the Sale & Development of Retail, Commercial, Residential, Mixed Use Land in (Orlando MSA) With 16+ years of
experience.
Prior to joining SVN, Ali served as Commercial Associate for a national commercial real estate company, where he worked with several major Developers, Builders seeking Land for
Acquisition & Development. Previously he served as 2013 Vice President of Finance for CFCAR and served as 2014 VP of Operations for CFCAR. Ali also served in CFCAR's
Commercial Professional Committee. Ali s transactions include many Multi Million Dollar Transactions:
*Maingate Flea Market sale $ 6,500,000
*PDQ Chicken Lease East Orlando value $3.24M
*Land Sale Osceola Pkwy/Dyer Blvd, Kissimmee $2.1M
*CVS Ground Lease W192/Sherberth Rd, Kissimmee value $9M
He has several Multi Million Dollars contracts in pending status for 2018, 2019
His knowledge in business & commercial real estate combined with his performance in commercial finance allows his clients a one stop shop, in which why he has earned so much
respect from numerous clients.
His knowledge in business & commercial real estate combined with his performance in commercial finance allows his clients a one stop shop, in which why he has earned so much
respect from numerous clients.
Active in the commercial real estate industry, Ali is a member of ICSC, CFCAR & Florida CCIM Chapter.
Local Expertise: Ali is an experienced Commercial Investment Advisor with SVN Florida. He works with many of the top owners / developers and retailers in the country.
Primary Specialty
Land Sales / Development & Redevelopment
* Commercial Investment Advisor
* Sale - Retail Investments
* Land Development / Redevelopment
*Landlord Representation
*Site Selection
EDUCATION
KingsBorough Commuity College- Associates in Broadcast Management
Hoftsra University- ROTC
US Army Reserves
MEMBERSHIPS & AFFILIATIONS
ICSC, CFCAR & Florida CCIM Chapter.
ALI MUSHTAQ
Senior Advisor
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 19The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio & Contact 1
1275 West Granada BoulevardSuite 5BOrmond Beach, FL 32174T 386.566.2183C [email protected]
PROFESSIONAL BACKGROUND
Mital Saraiya was born and educated in Baroda India, where he received his Bachelor of Commerce at MS University ofBaroda. He immigrated to the United States in 1992 and started his career operating several Gas Stations andConvenience Stores. Over the years, Mital ventured into real estate brokerage, specializing in Gas Station andConvenience Store Sales. His experience as an owner/manager helped him develop a keen eye for opportunities on bothsides of transactions. Mital has now expanded his specialization to include Hotels, Foreclosures, Investment Propertiesand Businesses.
While Mital currently does most of his brokerage work in the Volusia and Flagler County markets, his expertise in theindustry has helped him develop national and international relationships. Mital joined SVN Alliance Commercial RealEstate Advisors in 2017 in the Ormond Beach, Florida office. Mital is client oriented and provides dedication andundivided attention to his Client’s needs.
EDUCATION
Bachelor of Commerce-MS University of Baroda
MEMBERSHIPS & AFFILIATIONS
Asian Hotel Owners Association (AAHOA)AASOA
MITAL SARAIYA
Advisor
REDEV EAST COLONIAL GAS STATION | 14266 E COLONIAL DR ORLANDO, FL 32826 SVN | Florida Commercial Real Estate Advisors | Page 20The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and completeness. All SVN® offices are independently owned and operated.
Advisor Bio & Contact 2