Courtyard at Countryside - RetailAssetManagementInc.com

Courtyard at Countryside - “A Lifestyle Center”
Anchored By Kohl’s Department Store
S.R. 580 and Summerdale Drive, Clearwater Florida
Shared Intersection with Dillards Department Store at Westfield Shopping Town Countryside - (former Countryside Mall)
U.S. Hwy. 19
Dillards
Site
Special Features:
New Traffic Signal to be Installed
upon Commencement of Construction
at S.R. 580 and Summerdale Drive
Development Features:
Gross Leasable Area:
Construction:
Parking:
Ratio:
Average Daily Traffic Counts (2000)
136,000
Concrete Block & Steel
550 Spaces
4.61 per 1,000 sq.ft.
Base Rent:
$28.00 to $45.00 per sq.ft.
Depending upon size and location
Additional Rent:
TBD per sq. ft.
Out Parcels
1
2
1 Acre
1.05 Acre
72,000 cars per day on U.S. Highway 19 at S.R. 580
Households:
Local Retail Rental Rate:
(Note: All rents subject to Sales Ta x)
40,000 cars per day on S.R. 580 at Summerdale Dr.
1
6,475
Miles
3
46,471
5
100,223
Trade Area
200,051
Price
$2,600,000.00
$2,100,000.00
Paul Cooley or Wayne Purdy
Retail Asset Management, Inc.
Sales • Management • Leasing
(727) 446-3032 fax (727) 446-3080
P.O. Box 5666 • Clearwater • Florida 33758-5666
The information given herewith is obtain from sources considered reliable. However we are not responsible for misstatements of facts, errors or omissions, withdrawal from
market, modification of terms and conditions, or change in pricing without notice. The information supplied herein is for informational purposes only and shall not constitute a
warranty or assurance that the information is correct. Any person intending to rely upon the information supplied herein should verify said information independently.
Pursuant to Section 475.25(1)(q) Florida Statutes, and Rule 21V-10.033 Florida Administrative Code, Retail Asset Management, Inc. makes the following disclosures, that in
the event a lease or sales contract is entered into, Retail Asset Management, Inc. represents the Lessor/Seller exclusively and Lessee/Buyer may be responsible for additional
costs such as their own attorney's fees, security deposit, and telephone and utility deposits.
With
Access, Visibility
Positioning, and
the Surrounding
Demographics,
this Site will be an
Extremely
Powerful
Destination
Center
2002 Demographics
( Radius in miles )
1 mile
3 mile
5 mile
Population
12,310
100,169
225,514
Average HH Income
$52,164
$55,891
$55,321
Median HH Income
$38,902
$44,255
$43,916
Trade Area - North to County Line & South to S.R. 688
Population
444,455
Average HH Income
$56,604
21.3% of Households have Incomes of $75,000.00 and more
Site
Located
1,200 feet East of
U.S. Highway 19
and S.R. 580
Interchange
U.S. Hwy. 19
Dillards
Courtyard at Countryside
This powerful 13 acre site is located at the intersection of State Road 580 and Summerdale Drive. State Road 580 is a major
east-west artery in north Pinellas County. Approximately 40,000 cars pass this site on a daily basis. A traffic signal is
planned for the intersection of Summerdale Drive and State Road 580. Summerdale shares the intersection with the main
entrance to one of two regional malls in Pinellas County, Westfield Shoppingtown Countryside. Summerdale Drive is only
1,200 feet east of US Highway 19. This provides the Courtyard at Countryside with the advantage of visibility from US 19
(72,000 AADT) without the substantial traffic constraints inherent with traveling on US 19. Summerdale also provides
wrap access to US 19, located approximately one mile to the north. Access, visibility, positioning and surrounding
demographics are extremely strong. The Courtyard at Countryside has been zoned, and will accommodate 136,375 square
feet of commercial use.
Countryside is a proven market for strong retail sales. The population in a 5-mile ring is 225,514, the average household
income is $55,321, and the median age of the customers within the trade area is 44 years old. There are over 42,000
households within the primary trade area that have an average household income of $75,000 and over. The Courtyard at
Countryside will be a regional draw for customers due to the uniqueness of the project. With a strategic geographic
location within the larger Tampa Bay Region which has a population base of 3.5 million residents. Tenants will also enjoy
the seasonal residents that spend their winters in Pinellas County. The huge influx of 4.5 million tourists that visit Pinellas
County annually will obviously bolster the Courtyard at Countryside’s sales.
Courtyard at Countryside will be an upscale destination center. The center will include complimentary destinations with
significant cross shopping activity. Courtyard at Countryside will have an open-air configuration with generous
landscaping and architectural amenities that will create a “Main Street” type ambience. These amenities will include
fountains and street furniture that promote leisure time visits and casual browsing. Tenants will also enjoy the powerful
draw of the department store anchors within Westfield Shoppingtown, which shares the intersection with the Courtyard at
Countryside. White Development is excited about the opportunity to deliver a truly unique project that is certainly needed
by the residents of Pinellas County. We invite you to participate in this dynamic project and enjoy the positive impact the
development will create in the community and retail industry.
Lowes
Dillards
N
K-Mart
S.R.580
Site
Summerdale Dr.
U.S.19
N
Site
U.S.19
TAMPA
Wesfield Shopping
Town Countryside
.5
S.R
80
N
S.R.580
Site
Westfield Shopping
Town Countryside
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D
ale
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Su
U.S.19