Brochure - Foundry Commercial

NEW MIXED-USE DEVELOPMENT
WITH MARINA
Riverfront Property Located at
the Harbor Resort & Yacht Club
55 TAMIAMI TRAIL, PUNTA GORDA, FLORIDA
PROPERTY INFORMATION
• Sale Price: $4,500,000
• 4 Acre Riverfront Development in addition
to a 3.28 Acre submerged lease
• Located at The Harbor Resort & Yacht
Club
• Site approved for a 114-unit, five-story
building with a 6,000 sf waterfront
restaurant and retail spaces and parking
garage
• Marina approval includes 82- wet slip
spaces
• Conveniently located only 2.5 miles from
Interstate 75 facing Charlotte Harbor
• Site is situated between the north and
southbound lanes of US Highway
41(Tamiami Trail)
• Zoned PP-CC (Planned Development City
Center District)
• Adjacent to 43,500 sf Charlotte Harbor
and Event Center with over 30 scheduled
events in Q1 2016
• Dynamic downtown atmosphere with over
90 ourdoor festivals annually
• Harborwalk Pedestrian Path covers 2.4
miles along Charlotte Harbor
• Adjacent to 106 room Four Corners
Sheraton Hotel
The riverfront, infill location makes this site an
outstanding development opportunity.
The site is also conveniently located in close
proximity to Downtown Punta Gorda, the
Charlotte Harbor Event Conference Center,
Fisherman’s Village, local restaurants, retail,
and major roadways.
Current Site Improvements
Tiki Bar (TT’s Tiki Bar), which is owned and managed by the Four Points by Sheraton Hotel, and currently operates on land that is leased to the Hotel. Located directly on the water in the western corner of the site the Tiki Bar
pays $3,000 in monthly rent. The lease can be terminated by either party with a 90 day written notice, and will
be removed when requested for the development of the site. The Tiki Bar currently averages $160,000 of revenue monthly and has become one of the most popular bars in Punta Gorda.
Existing fixed dock that is temporarily being used as a pedestrian pier and is ready to be converted to an approved 29 slip fixed-dock on electric lifts. Future marina expansion plans call for the remaining 53 wet slips that
will be a floating dock system added to the existing fixed dock. The submerged lands are leased from the State
of Florida.
A pedestrian waterfront promenade that runs along the waterside perimeter of the site connecting the site by
foot to the Laishley Park Municipal Park and marina to the east and the Charlotte Harbor Event and Conference
Center to the west. The waterfront promenade runs 10 miles east to west along Charlotte Harbor and Peace
River making it one of the State of Florida’s longest public waterfront boardwalks. The site is situated between the
north and southbound lanes of US Highway 41(Tamiami Trail).
Sea wall recently raised to six feet.
SITE
PLAN
Site Plan
MARINA PLAN
4
ELEVATIONS
DEMOGRAPHICS
Historical and Projected Information
1 Mile
3 Mile
5 Mile
2010 Population
2,049
22,011
57,881
2015 Population
2,129
23,444
61,337
2020 Population (Projected)
2,210
24,937
64,782
2010 Households
937
10,981
27,452
2015 Households
984
11,749
29,197
1,032
12,545
30,934
2010 Families
485
6,577
16,898
2015 Families
502
6,998
17,830
2020 Families (Projected)
522
7,453
18,798
$57,182
$66,449
$59,773
2015 Median Age
55.9
64.4
59.6
2020 Median Age (Projected)
57.9
66.2
61.7
Population
0.75%
1.24%
1.10%
Median Household Income
1.63%
1.96%
3.23%
2020 Households (Projected)
2015 Average Household Income
2015 - 2020 Annual Trend Rates
LOCATION PHOTOS
AERIAL & LOCATION MAP
ABOUT PUNTA GORDA
Punta Gorda is a household name for hundreds of aviation enthusiasts who flock to the Charlotte County Airport
every year to watch breathtaking high-speed maneuvers, most recently by the famous U.S. Navy Blue Angels,
frequent guest stars in the county’s International Air Show. The show, held annually in Charlotte County for 35
years, has made Punta Gorda an indelible point in the map for aviation buffs. The two-day show reportedly
draws an attendance of more than 50,000 spectators.
After attracting a crowd of more than 2,000 music lovers, the annual Punta Gorda Wine & Jazz Festival is
growing into a three-day event. This festival has been growing since its creation in 2005, when the chamber
of commerce organized it to draw the community back downtown after Hurricane Charley. Some 750 people
attended the inaugural event, and the crowds have kept growing ever since, leading organizers to expand the
event’s scope into a three-day festival. Capitalizing on the area’s receptiveness for music events, the chamber of
commercel held its first Latin festival event, featuring cross-cultural Latin guitarist and eight-time Grammy Award
winner Jose Feliciano. The event hosted an attendance of more than 5,000 people.
Punta Gorda is located 40 miles south of Southwest Florida International Airport, one of the top 50 U.S. airports
for passenger traffic growth, processing more than 7.5 million passengers annually and which serves the entire
Southwest Florida area. Closer to home at the Charlotte County Airport in Punta Gorda, fast-growing Allegiant
Air opened a new base offering flights to over 30 cities thorughout the Midwest and East Coast. Whether flying
into Southwest Florida International, the Charlotte County Airport, or driving into town, nearly 300,000 visitors
travel to Charlotte County annually.
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AREA HIGHLIGHTS
Located halfway between the city of
Tampa, FL to the north and the city of
Naples, FL to the south, Punta Gorda anchors a
collection of nine charming coastal
communities that surround Charlotte Harbor, the
state’s second largest harbor.
Punta Gorda is the seat of Charlotte County,
the laid back neighbor in a Southwest Florida
coastal region of four counties - Sarasota,
Charlotte, Lee and Collier - that increasingly
function as one and which includes the more
urban buzz of the city of Fort Myers 30 miles
to the south of Punta Gorda, the rapid pace of
fast-growing Sarasota 50 miles to the north,
and everything in between.
Punta Gorda is easily reached by car, as the entire Southwest Florida region is traversed north-south by Interstate 75 and Tamiami Trail (U.S. Highway 41). The Southwest Florida International Airport, servicing more than
seven million passengers a year, is located 40 miles from the subject property, with service to major destinations
throughout the country. The smaller Charlotte County Airport in Punta Gorda provides commuter service to
secondary destinations as far north as Niagara Falls, NY and Lexington, KY.
A haven for outdoor enthusiasts, Charlotte Harbor has been named to SAIL magazine’s 10 Greatest Places to
Sail in the United States. The city of Punta Gorda has been named as one of the top Ten Places to Retire Healthy
by U.S. News & World Report.
Of course, this is Florida, so such accolades are to be expected as everyone knows that Florida means good
weather year-round, world-class golf courses, beautiful beaches, scenic rivers, outstanding hospitals and affordable, reputable schools. To be sure, Punta Gorda is part and parcel to the best of Florida. Not surprisingly, Charlotte County has steadily been attracting relocation from other parts of the state and the country, due to its more
affordable housing market. To that end, the table below gives a quick summary of the area’s demographics.
Fisherman’s Village (.9 miles west along pedestrian
Harborwalk) undergoing a $30M renovation.
- Over 30 shops and restaurants
- Over 100 slips up to 60 ft long
- Military museum
Over 17 miles of pedestrian/bicycle paths in Punta Gorda
Harborwalk Condominium (60 units) selling between
$325k - $475k (just 3 miles east along Harborwalk)
Laishley Park Municipal Marina (85 slips) at 95%
occupancy
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HARBOR WALK
Punta Gorda Harborwalk established in 2010, is
situated along scenic Charlotte Harbor. The Harborwalk
encompasses approximately three (3) miles of Punta
Gorda Pathways. This signature feature connects East
Punta Gorda at Bayfront Health to West Punta Gorda
at Fishermen’s Village with safe means of access under
both US 41 bridges.
Featured destination points along the Harborwalk
include:
• Laishley Park
• Marina
• Interactive Fountain
• Veteran’s Memorial Garden
• Restaurants. Shops, & Hotels
• Spirit of Punta Gorda
• Gilchrist Park
• Trabue Park
• Fishing Pier
• Connection to Linear Park
• AC Freeman House
Experience
Involvement in more than 1,200 sales transactions with volume in excess of
$1.8 billion.
Managed a 1031 investment sales team that averaged more than $250
million in sales transactions per year. Properties acquired and disposed of
were leased to notable restaurant clients with notable brand recognition
including, Burger King, Chili’s, IHOP and Applebee’s.
Worked with both the asset management and development teams to reposition retail properties for their highest and best use. Major tenants included
Walgreens, AutoZone, CVS, Starbuck’s and Cracker Barrel.
Closed more than 400 investment sales transactions and satisfied closing
requirements with lenders, title companies, tenant and buyers. Worked with
vendors to streamline and expedite the closing process as well as
better satisfy client needs.
Education
B.S., Business Administration, University of Central Florida
Certified Commercial Investment Member (CCIM) 2004 to present
PJ Behr
Vice President
Licensed Florida Real Estate Broker
Community Involvement
Member, International Council of Shopping Centers
Experience
Involved in the development of +9.25MM SF of mixed-use, multi-family and
commercial properties, spanning from Montana to South Florida.
Guided the acquisition and disposition of a number of high-profile waterfront
and urban investment deals located in the downtown districts between Fort
Myers and Bradenton.
Advisor to a number of regional Banks on their commercial OREO portfolios
and development and execution of asset disposition strategy.
Current listing inventory exceeds $77MM and extends from Naples to
Tampa.
Specializes in commercial in-fill and redevelopment opportunities between
Marco Island and North Tampa, west of I-75 – with an emphasis on retail
and multi-family product.
Education
Florida State University, Engineering and Mathmatics
Licensed Florida Real Estate Broker
Licensed Professional Engineer - Florida and Texas
Community Involvement
Leadership, New Hope Presbyterian Church
Member, International Council of Shopping Centers
Member, U.S. Green Building Council
Phil Fischler
Principal
Fischler Property Company
ABOUT US
Foundry Commercial is a full-service real estate
services and investment company with 240
employees and nearly 30 million square feet of
space under management across the Southeast
and Texas. Foundry provides corporate services,
brokerage, leasing, building management and
project management services, and is the largest
real estate service provider to religious and not-forprofit organizations in the Country. Foundry also
includes a development and investment platform
that is fully integrated into its services business,
leveraging its local market expertise to control
more than $500 million in advantaged investment
opportunities in partnership with its clients.
Foundry Staffed Services
Foundry Ongoing Activity
Services Offered
Industry Experience
Statistics
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Owner Representation
Real Estate Advisory
Tenant Representation
Property Management
Project Management
Facility Management
1031 Services
Development
Office
Industrial
Retail
Multifamily
Lifestyle
Religious & Educational
Not-for-Profit
242 Associates
51 Brokers
12 Offices
40M Leasing and Management
$28M AUM
$3B In Brokerage Transactions
170 Institutional Management
Assignments
TIMELINE
2007 Formation
2015 MBO/Recapitalization
2012 Acquisition of
Crosland Southeast
2013 Launch of D&I Platform
0 sf of Leasing & Mangement
12 Associates
2014 Acquisition
of Crescent Resources
Commercial
Acquisition of Faison
Aquisition of Cushman &
Wakefield | Thalhimer Charlotte
Aquisition of Cushman &
Wakefield | Thalhimer Raleigh
28 million sf of Leasing & Management
228 Associates
For more information contact:
PJ Behr
Vice President
407.540.7746
[email protected]
Phil Fischler
Fischler Property Company
239.895.1060
[email protected]
www.foundrycommercial.com