Pri me Anchor Retail Center...Field—spring training home of the New York Mets and summer home of...

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Presented By: Boyd G. Bradfield, CCIM, SIOR Stuart Duffin, P.A., CCIM 10145 South Federal Hwy, Port St. Lucie, FL 34952 Prime Anchor Retail Center ± 33,254 SF Available Lease Rate: $9.50 SF/NET 130' STOREFRONT

Transcript of Pri me Anchor Retail Center...Field—spring training home of the New York Mets and summer home of...

Page 1: Pri me Anchor Retail Center...Field—spring training home of the New York Mets and summer home of the minor league St. Lucie Mets. In a one-mile radius of the property there are 7,736

Presented By:Boyd G. Bradfield, CCIM, SIORStuart Duffin, P.A., CCIM

10145 South Federal Hwy, Port St. Lucie, FL 34952

Prime Anchor Retail Center±33,254 SF Available

Lease Rate:

$9.50 SF/NET

130' STOREFRONT

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NAI Southcoast: Town Center 2

65 Single Family Lots

Property Information

2055 S Kanner Hwy. Stuart, Florida 34994 +1 772 286 6292 naisouthcoast.com

Prime Anchor Retail Center ±33,254 SF Available

Retail Property in Port St. Lucie

• Location: 10145 S. Federal Hwy, Port St. Lucie, FL 34952 Busiest intersection in Saint Lucie County

• Center size: ±220,000 SF

• Available: Up to ±33,254 SF

• Lease Price: $9.50 SF/NET

• Approximately 130' Storefront by 243' deep

• Traffic Count: 52,500 - US Hwy 1

• National Tenants include: Bealls, Planet Fitness, DD’s Discount, Rent-A-Center & Advance America, Salon Centric, Cricket Wireless, Which Wich, T-Mobile, Cosmoprof and Verizon

• Signage Opportunities - Large Fascia sign and Two Marquis Signs on US Hwy 1

• Center boasts a 85% occupancy rate

CommentsTown Centre has a great combination of retailers and restaurants. This is a wonderful strip center with tenants who has been established since the center was built. The center has ample parking and is shadow anchored by Bealls.

The center is centrally located between on the corner of busy US 1 and PSL Blvd. The center sits on 14.68 acres with over 220,000 SF of National as well as local retailers and restaurants. Great center to start a business or add an additional location.

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NAI Southcoast: Town Center 32055 S Kanner Hwy. Stuart, Florida 34994 +1 772 286 6292 naisouthcoast.com

Prime Anchor Retail Center±33,254 SF Available

130' STOREFRONT

Page 4: Pri me Anchor Retail Center...Field—spring training home of the New York Mets and summer home of the minor league St. Lucie Mets. In a one-mile radius of the property there are 7,736

NAI Southcoast: Town Center 42055 S Kanner Hwy. Stuart, Florida 34994 +1 772 286 6292 naisouthcoast.com

Prime Retail Anchor Center ±33,254 SF Available

130' STOREFRONT

243'

Page 5: Pri me Anchor Retail Center...Field—spring training home of the New York Mets and summer home of the minor league St. Lucie Mets. In a one-mile radius of the property there are 7,736

NAI Southcoast: Town Center 52055 S Kanner Hwy. Stuart, Florida 34994 +1 772 286 6292 naisouthcoast.com

Prime Anchor Retail Center ±33,254 SF Available

130' STOREFRONT

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NAI Southcoast: Town Center 6

Area OverviewSt. Lucie County, Florida is home to the historic City of Fort Pierce, the vibrant City of Port St. Lucie and the breathtaking beaches of Hutchinson Island. It is located on the east coast of Florida about 120 miles southeast of Orlando and about 115 miles north of Miami.St. Lucie County is proud of its most valuable assets such as the 21 miles of uncrowded and unspoiled beaches, over 10,000 acres of parks and preserves, world record sport fishing, horseback riding on the beach, NY Mets Spring Training baseball,

Population 109,543 Average Household Income $64,612 Unemployment Rate 5.0%

Median Age 45.8 Under 20 4.9% 20 - 24 years 7.0% 25 - 74 years 60% 75+ years 12%

Educational Attainment High school graduate 29.1% Some college 46.7% Bachelor’s degree 13.4%

Graduate or professional degree 7.4%

Demographics 1 Mile 3 Mile 5 Mile2015 Total Population 7,736 46,378 109,543

Average Age 42.6 49.3 47.4

2015 Avg Household Income $44,569 $53,121 $56,560

Port St. Lucie

2055 S Kanner Hwy. Stuart, Florida 34994 +1 772 286 6292 naisouthcoast.com

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Demographics 1 Mile 3 Mile 5 Mile2015 Total Population 7,736 46,378 109,543

Average Age 42.6 49.3 47.4

2015 Avg Household Income $44,569 $53,121 $56,560

championship golf at PGA Village and other top-notch golf courses, the one and only museum dedicated to the US Navy Seals, a charming and award-winning waterfront downtown, year round arts and cultural activities, a rich history and so much more.

Admirers of the outdoors will be delighted to discover the beautiful natural gardens, including the Port St. Lucie Botanical Gardens and Heathcote Botanical Gardens in Fort Pierce which features the largest public display of tropical bonsai trees in the United States. Eco-tourists will appreciate St. Lucie’s dedication to protecting the environment through environmental education facilities such as the Oxbow Eco-Center, Harbor Branch Ocean Discovery Center, the St. Lucie County Aquarium featuring the Smithsonian Marine Ecosystems Exhibit and the Manatee Education and Observation Center.

St. Lucie takes pride in preserving and promoting the arts. History buffs will be delighted to learn how Fort Pierce became the birthplace of the Navy Frogmen (the first version of today’s Navy SEALs). Discover the story behind Fort Pierce’s famous artists such as A.E. Backus, Zora Neale Hurston and the Florida Highwaymen. History buffs should also take time to visit the St. Lucie County Regional History Center, and anyone can enjoy a concert, musical or comedy show at the historic Sunrise Theatre in Fort Pierce, which first opened its doors in 1923. Sports enthusiasts will find award-winning golf courses, including the one-of-a-kind PGA Village in Port St. Lucie. Also in Port St. Lucie, baseball fans will be delighted to enjoy America’s favorite pastime at Tradition Field—spring training home of the New York Mets and summer home of the minor league St. Lucie Mets.

In a one-mile radius of the property there are 7,736 residents with an average annual household income of $44,569 and within a three-mile area there are 46,378 people with an average annual household income of $53,121.

Area Overview (cont.)

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St.Lucie WorksThe St. Lucie Board of County Commissioners believe that addressing the needs

of new businesses and encouraging and assisting in the expansion of existing

businesses fosters positive economic growth and produces healthy competition,

creativity and innovation; which leads to healthy self-sustaining economies that

thrive in recessions and withstand depressions. St. Lucie County continues to create

economic development opportunities that yield long-term sustainability outcomes

by implementing a variety of incentives that produce above average employment

opportunities and lead to the improvement in the quality of life for County residents.

• Ad Valorem Tax Exemption Program - The Economic Development Ad

Valorem Tax Exemption Program is a local tax incentive option designed to

assist economic development by exempting certain property taxes for new

or expanding businesses who will have positive impacts on the County’s

economy. This incentive is granted at the sole discretion of the Board of County

Commissioners to “Qualified Targeted Industry” Businesses.

• Impact Fee Mitigation - The Impact Fee Mitigation Program is a local incentive

program designed to mitigate any real or perceived disadvantages occurring from

the imposition of impact fees. This incentive is granted at the sole discretion of

the Board of County Commissioners to “Qualified Targeted Industry” Businesses.

• Job Growth Investment Grant - The Job Growth Investment Grant (JGIG) is a

local incentive program designed to either encourage existing businesses to

expand or new businesses to enter St. Lucie County in order to create new high

quality employment opportunities for the residents of St. Lucie County. This

incentive is granted by the Board of County Commissioners to “Qualified Targeted

Industry” Businesses.

St. Lucie Economic Growth

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• Qualified Targeted Industry - The Qualified Targeted Industry Tax Refund incentive is available for companies that create high wage jobs in targeted

high value-added industries. This incentive includes refunds on corporate income, sales, ad valorem, intangible personal property, insurance

premium, and certain other taxes. Pre-approved applicants who create jobs in Florida receive tax refunds of $3,000 per net new Florida full-time

equivalent job created.

• Capital Investment Tax Credit - The Capital Investment Tax Credit is an annual credit, provided for up to twenty years, against the corporate income

tax. Eligible projects are those in designated high-impact portions of the following sectors: advanced manufacturing, clean energy, biomedical

technology, financial services, information technology, silicon technology, transportation equipment manufacturing, or be a corporate headquarters

facility. Projects must also create a minimum of 100 jobs and invest at least $25 million in eligible capital costs. Eligible capital costs include all

expenses incurred in the acquisition, construction, installation, and equipping of a project from the beginning of construction to the commencement

of operations. The level of investment and the project’s Florida corporate income tax liability for the 20 years following commencement of operations

determines the amount of the annual credit.

• High Impact Performance Incentive Grant - The High Impact Performance Incentive is a negotiated grant used to attract and grow major high

impact facilities in Florida. Grants are provided to pre-approved applicants in certain high-impact sectors designated by the Florida Department of

Economic Opportunity (DEO). In order to participate in the program, the project must: operate within designated high-impact portions of the

following sector – advanced manufacturing, clean energy, corporate headquarters, financial services, life sciences, semiconductors, and

transportation equipment manufacturing; create at least 50 new full-time equivalent jobs in Florida in a three-year period. Once recommended by

Enterprise Florida and approved by DEO, the high impact business is awarded 50 percent of the eligible grant upon commencement of operations

and the balance of the awarded grant once full employment and capital investment goals are met.

• Quick Response Training - Quick Response Training is an employer-driven training program designed to assist new value-added businesses and

provide existing Florida businesses the necessary training for expansion. A state educational facility – community college, area technical center,

school district or university – is available to assist with application and program development or delivery. The educational facility will also serve as

fiscal agent for the project. The company may use in-house training, outside vendor training programs or the local educational entity to provide

training. Reimbursable training expenses include: instructors’ and trainers’ wages, curriculum development, and textbooks/manuals. This program

is customized, flexible, and responsive to individual company needs.

State of Florida Incentives

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For LeasePSL Town Center

Prime Retail Anchor CenterArea MapSt. Lucie Economic Growth

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NAI Southcoast: Town Center 25

NAI Southcoast Commercial Real Estate Services2055 S Kanner HwyStuart, FL 34990+1 772 286 6292

naisouthcoast.com

Boyd G. Bradfield, CCIM, SIORBroker - President772 286 6292 direct772 286 7535 [email protected]

Presented By:

Stuart Duffin, P.A., CCIMSales Associate772 286 6292 direct772 286 7535 [email protected]