Charlotte Commons24050 PeaChland BoulevardPort Charlotte, Fl

0.84 - 5.41 aC land For sale/Ground lease $5 - $11 PsFProPerty InFormatIonSale Price: $5 - $11 PSFMin Size Available: 0.83 ACMax Size Available: 5.41 ACZoning: Commercial GeneralI-75 AADT: 52,500 CPDVeterans Boulevard AADT: 18,600 CPDPeachland Boulevard AADT: 10,800 CPDAccessible from Veterans Boulevard Visibility from I-75Just south of Lake of Tuscana apartments (272 units), plus 256 units for the 21.33 acres north of the outparcels.Future residential development to the north is 119 units.

John Mounce, Founding PartnerD: 239.333.4365 M: 239.849.2968jmounce@lqwest.com my lIstInGs

Jessica McEvoy, AssociateD: 239.333.4374 M: 239.220.1535jmcevoy@lqwest.com my lIstInGs

landQwest CommerCIal real estate servICes 1614 ColonIal Boulevard #101, Fort myers, Fl 33907

demoGraPhICs 1-mIle 3-mIles 5-mIles

Total Population 5,594 39,782 75,597Avg Household Income $50,221 $56,864 $56,469Total Households 2,579 17,634 34,102Employees 2,362 6,418 21,618

(Applied Geographic Solutions 2017

BRETT LOW SENIOR ASSOCIATELandQwest Commercial Real Estate Services

1614 Colonial Boulevard, Suite 101, Fort Myers, FL 33907D: 239.333.2514 C: 941.536.3538 brettlow@lqwest.com

lQwest.Com/Charlotte-Commons

1614 Colonial Boulevard, Suite 101, Fort Myers, FL 33907maIn: 239.275.4922 Fax: 239.275.4699 lQwest.ComInformation obtained from owner(s) or other sources deemed reliable. We have no reason to

doubt its accuracy, but cannot guarantee it. All properties subject to change or withdrawal

without notice.

CHARLOTTE COMMONS I 24050 PeaChland Blvd, Port Charlotte, Fl

CHARLOTTE COMMONS I 24050 PeaChland Blvd, Port Charlotte, Fl

Property Summary

The subject property consists of 7 fully developed outparcel lots which range in size from ±0.83 to ±1.13 acres. Each outparcel is filled to grade, has utilities to site, and can be accessed via the constructed reverse frontage road. These outparcels are part of the Sandhill DRI and are fully entitled. Allowable uses for the subject property include all of those permitted under CG zoning and all uses listed as special exceptions (excluding schools, flea markets, billiard halls, and arcades). These outparcels are located in the northwest quadrant of the King’s Highway I-75 exit (Exit #170) across the street from the newly built Publix at the Peachland Promenade. The outparcels are arranged in a manner that provides multiple access points along Veterans Blvd, Peachland Blvd, and Loveland Blvd.The subject property’s proximity to the I-75 interchange provides for high traffic counts relative to the area. Based on a report conducted April 26, 2017 there are 21,471 daily trips along Veterans Blvd and 12,424 daily trips along Peachland Blvd, in addition to the 31,630 daily trips on the nearby Kings’ Hwy. All required traffic related infrastructure improvements have been completed, the cost of such improvements exceeded $4.3 million. Additionally, we are presenting the opportunity to purchase and develop the ±5.14 JC Center parcel which features visibility from I-75. The JC Center parcel is located between Veterans Blvd and I-75 and is shown in orange on the aerials included in this package.

Access: Frontage along both Veterans Boulevard (2,500’) and Peachland Boulevard (1,430’.) Veterans Boulevard connects US Highway 41 to the northwest and Kings Highway immediately to the south. Site can be seen from I-75.

Acreage: 11.89 Acres

Zoning: All uses permitted under CG zoning are allowable, including all special exceptions with the exclusions of schools, flea markets, billiard halls, and arcades.

Mixed Use DRI (Sandhill DRI)

• Outparcel 9 (not included in offering) was sold to Bank of America for $1,158,000 ($26.85/SF) in 2010 for the construction and operation of a new branch. This branch opened in 2011.

• Outparcel 4 (also excluded from this offering) is currently under contract with an established local restauranteur.

• 21.33 acres of the interior tract are under contract with a national apartment developer for 256 unit market rate apartment complex with clubhouse, swimming pool and other amenities.

• There are 17.65 remaining acres of the residential tract which are entitled for up to 119 residential units.

Development Status:

Future Land Use:

Status:

LOT ACREAGE SF ± PRICE PSF TOTAL PRICELot 1 1.13 49,233 Under ContractLot 2 0.96 41,818 Under ContractLot 3 0.93 40,511 Under ContractLot 5 0.83 36,155 11 397,703Lot 6 1.00 43,560 Under ContractLot 7 1.05 45,738 Under ContractLot 8 0.85 37,026 11 407,286

Lot JC 5.14 223,898 5 1,119,492

A rough estimate of the number of visitors to all Charllote County parks should exceed 500,000 annually. This includes visitors for envrionmental, community and regional parks.

Harlod Avenue Park:The nearby recreation center at Harlod Avenue Park recieves over 50,000 guests per year in addition to another 25,000 visitors annually from leagues and tournaments.The park is home to Miss Charlotte Fastpitch Softball, Port Charlotte Little League Baseball and hosts travel softball and baseball tournaments. There are at least eight tournaments held at the park annualy. The park is used by the popular and well-attended "Snowbird Classic College Baseball" (SBC) tournament annually and is home to the Charlotte County Women's Tennis league.An additional gymnasium is being added to the recreation center in 2018 which, should significantly increase its capacity to host league basketball as well as volleyball and possibly Pickleball tournaments. In addition, a new Recreation Center will be completed in the Fall of 2018 at North Charlotte Regional Park, which will significantly increase the capacity of that park. It is about 20 minutes from the site as is our regional park in Punta Gorda and the Charlotte Sports Park, home of the Tampa Bay Rays Spring Training.The Snowbird Classic hosted 45 D-I and II college baseball teams this year:The teams use area hotels beginning in mid-February through mid-to-late March. Room availability for this torunament alone has become a significant challenge, with teams staying in Fort Myers and Sarasota due to lack of availability in the County. The tournament attracts schools primarily from the East and Midwest such as Ohio State. The total number of room nights for this tournament in 2017 was 10,775.

The tournament is held at North Charlotte Regional Park in Port Charlotte, South County Regional Park in Punta Gorda, and at the Charlotte Sports Park in Port Charlotte.The existing hotels on Kings Highway support the SBC and many of the youth tournaments that are held at four of the athletic parks in Port Charlotte and Punta Gorda. Other tournament organizations that frequent Charlotte County athletic parks include Perfect Game baseball, IBC Nations Baseball and Softball,

Pro-Style Baseball, Florida Youth Soccer Association, Pop Warner football, and Little League Baseball. The total number of visitors to County parks exceeds 500,000 annually, many of which are out of town guests.

1614 Colonial Boulevard, Suite 101, Fort Myers, FL 33907maIn: 239.275.4922 Fax: 239.275.4699 lQwest.ComInformation obtained from owner(s) or other sources deemed reliable. We have no reason to

doubt its accuracy, but cannot guarantee it. All properties subject to change or withdrawal

without notice.

CHARLOTTE COMMONS I 24050 PeaChland Blvd, Port Charlotte, Fl

Market Overview

County Athletic FacilitesThe County athletic facilities host a variety of "travel" tournaments including baseball, softball (youth and adult), youth football, adult flag football, regional soccer tournaments, regional and national BMX races, swim meets and disc golf.

Charlotte Sports Park83.1 acre park - 6 Baseball Fields, an environmental park, fishing, and a stadiumHome of the TB Rays and the Charlotte Stone Crabs

Other Area EventsFishing Tournaments

World's Richest Tarpon Tournament Flat's Masters

Habitat for Humanity

Rockin & Reeling

IFA Redfish Tour