Marketing Package for 34.62± Acres of Multifamily Land at Seven Oaks

“Gables at Seven Oaks” Pasco County, Wesley Chapel, FL

Presented Exclusively by: Bill Eshenbaugh, ALC, CCIM

Licensed Real Estate Broker 813-287-8787 Ext 1 Cell 727-410-9595 Bill@TheDirtDog.com

Nancy Surak, ALC, CCIM Broker-Associate 813-287-8787 Ext 5 Cell 813-299-2587 Nancy@TheDirtDog.com Eshenbaugh Land Company 2502 N. Rocky Point Dr., Suite 675 Tampa, FL 33607 Phone 813-287-8787 Fax 813-287-8785 www.TheDirtDog.com

Eshenbaugh Land Company has individual memberships in the following:

Seven Oaks Wesley Chapel

Table of Contents

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Executive Summary…….………………………3

Property Aerial….....……………..……..………6

Property Exhibits………………………...……..8

Demographics…………………………………14

Seven Oaks Wesley Chapel

Executive Summary Description: The subject property consists of five parcels of land planned for a multifamily development project on a total

of 34.62± acres. The project is also known as “Gables at Seven Oaks ” and is located in the Seven Oaks Community in Pasco County, Wesley Chapel, FL. Site plans call for a mix of 3-story garden style flats apartments and townhomes and offers full entitlements for 723 multifamily units.

Location: The site is located on Eagleston Boulevard and on Stockton Boulevard in the desirable Seven Oaks Community, between Interstate 75 and Bruce B. Downs Boulevard, in Wesley Chapel, FL. Seven Oaks is a master planned community encompassing 2,500 acres developed by Crown Community Development. Today there are over 2,500 residential units and nearly a million square feet of retail and office in the development. Seven Oaks features tree-lined boulevards that weave through 24 inviting neighborhoods where neighbors become friends as they watch their children at play in numerous community parks and at a 17-acre SportsCore and Club.

Seven Oaks is located across from the Wiregrass Development which has an existing outdoor mall, a new regional 80-bed Florida Hospital Wesley Chapel and 96,000 square foot medical office building currently under construction and a soon to break ground regional campus for Pasco Hernando Community College.

The 34.62± acres are located within a 5 mile radius of over 5 million square feet of existing or proposed retail including Cypress Creek Town Center, Cypress Creek, The Cypress, Seven Oaks, Shops at Wiregrass, Shoppes at New Tampa, New Tampa Super Target, New Tampa Super Wal-Mart, and The Grove at Wesley Chapel. (See page 5 and 6 for additional details on the Wiregrass and an aerial of the market area.)

Access: The site is situated on Eagleston Boulevard and on Stockton Boulevard, between Interstate 75 and Bruce B. Downs Boulevard. Bruce B. Downs Boulevard is a major local road connecting Wesley Chapel to New Tampa and the University of South Florida. The site is conveniently located and offers easy access to I-75 from State Road 54 and State Road 56. It is also in close proximity to I-275 and the Suncoast Parkway.

Size: The site consists of five parcels totaling 34.62± acres or 1,508,047 square feet.

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This information contained herein was gathered from sources deemed reliable. However, Eshenbaugh Land Company and Seller make no warranties or representations as to the accuracy, and the same is submitted subject to errors, omissions, or other changes. Eshenbaugh Land Company is a licensed real estate brokerage firm in Florida and Utah and William A. Eshenbaugh is the broker of record. Eshenbaugh Land Company does not offer sub-agency to other brokers. Compensation is only offered after the completion and acceptance by Eshenbaugh of a fully executed confidentiality agreement, the acknowledgement of the registration of a prospect and the acceptance by Eshenbaugh of the acknowledgement, and a fully executed fee agreement with the broker desiring to receive and present a listing or property that Eshenbaugh represents.

Seven Oaks Wesley Chapel

Executive Summary (con’t)

Zoning: MPUD Entitlements: Full entitlements for 723 multifamily units. Site plan and building plans have been submitted for final approval.

Seller has rights to built up to 750 multifamily units. Buyers are responsible for confirmation of all approvals and entitlements.

POA/CDD: The site is subject to the Seven Oaks Property Owner’s Association, but does not have any CDD debt or obligations.

Copies of the POA, design criteria and guidelines are available by request. Tax ID #: 12-26-19-0000-00500-ON2A = 6.18± acres 13-26-19-0000-00100-ON2A = 4.42± acres

13-26-19-0000-00100-ON2B = 7.09± acres 13-26-19-0000-00100-ON30 = 7.16± acres 13-26-19-0000-00100-ON4A = 9.77± acres

Utilities: Stubbed to the site. Impact Fees: Pasco County BOCC is currently in the process of significantly reducing impact fees temporarily until December 31,

2012. Anticipated total impact fees will be reduced over 31%. Listing Price: $10,000,000 Contact: Bill Eshenbaugh, ALC, CCIM 813-287-8787 Ext 1 Cell 727-410-9595 Bill@TheDirtDog.com

Nancy Surak, ALC, CCIM 813-287-8787 Ext 5 Cell 813-299-2587 Nancy@TheDirtDog.com

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This information contained herein was gathered from sources deemed reliable. However, Eshenbaugh Land Company and Seller make no warranties or representations as to the accuracy, and the same is submitted subject to errors, omissions, or other changes. Eshenbaugh Land Company is a licensed real estate brokerage firm in Florida and Utah and William A. Eshenbaugh is the broker of record. Eshenbaugh Land Company does not offer sub-agency to other brokers. Compensation is only offered after the completion and acceptance by Eshenbaugh of a fully executed confidentiality agreement, the acknowledgement of the registration of a prospect and the acceptance by Eshenbaugh of the acknowledgement, and a fully executed fee agreement with the broker desiring to receive and present a listing or property that Eshenbaugh represents.

Seven Oaks Wesley Chapel

The Shops at Wiregrass, is an open-air retail and entertainment destination conveniently located on the corner of State Road 56 and Bruce B. Downs Boulevard in Wesley Chapel, Florida across from Seven Oaks. It is a main-street style, pedestrian-friendly, outdoor lifestyle village featuring curved, tree-lined streets and pocket parks that invite lingering and relaxation. It is a true gathering place for the growing populations of the Wesley Chapel and New Tampa areas. Since opening late 2008, it has become a Shopping Destination, encompassing 800,000 square feet of retail, restaurants and entertainment on 67 acres of land. The mall’s tenants include Macy's, Dillard's, JCPenney and 100 specialty retail stores and signature restaurants – in an eclectic mix that combines fashion, home décor and entertainment venues shops. Florida Hospital Wesley Chapel, currently under construction, is a new three-story, 200,000 square foot, 80 bed hospital for Florida Hospital in Wesley Chapel at Wiregrass Ranch. It is located off of Bruce B. Downs Boulevard across from Seven Oaks. Plans include a hospital, medical office building, wellness center and outpatient clinic services. The hospital will house state-of-the-art obstetrics suites, an emergency department, surgical suites, a chapel, a pharmacy, rehabilitation services, and more. Construction is expected to be completed fall 2012 on the three-story hospital and the 96,000 sf medial office building. Expansion plans will result in a six-story hospital with 300 beds.

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This information contained herein was gathered from sources deemed reliable. However, Eshenbaugh Land Company and Seller make no warranties or representations as to the accuracy, and the same is submitted subject to errors, omissions, or other changes. Eshenbaugh Land Company is a licensed real estate brokerage firm in Florida and Utah and William A. Eshenbaugh is the broker of record. Eshenbaugh Land Company does not offer sub-agency to other brokers. Compensation is only offered after the completion and acceptance by Eshenbaugh of a fully executed confidentiality agreement, the acknowledgement of the registration of a prospect and the acceptance by Eshenbaugh of the acknowledgement, and a fully executed fee agreement with the broker desiring to receive and present a listing or property that Eshenbaugh represents.

Wiregrass Development Profile

Pasco Hernando Community College, Porter Campus, will cover more than 60 acres south of The Shops at Wiregrass and is expected to begin construction within the next year with plans to open in 2013-14. When finished, the campus will serve about 1,100 students and offer business and healthcare programs to train workers for jobs in lucrative medical and technology fields while strengthening PHCC’s collaboration with local business and industry.

Seven Oaks Wesley Chapel

Aerial of Market Area Showing Multi Family Parcel in Red

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Florida Hospital Wesley Chapel

Shops at Wiregrass

The Grove

Seven Oaks

Cypress Creek

Saddlebrook

Future PHCC

Cypress Creek

New Tampa Target

The Cypress

Wiregrass Ranch

Seven Oaks Wesley Chapel

Property Aerial

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Seven Oaks Wesley Chapel

Property Photos

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Seven Oaks Wesley Chapel

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Proposed Site Elevation Front Elevation

Rear Elevation

Side Elevation

Seven Oaks Wesley Chapel Site Plan

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Seven Oaks Wesley Chapel

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Location Map

Seven Oaks Wesley Chapel

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Location Map

Seven Oaks Wesley Chapel

Location Maps

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Seven Oaks Wesley Chapel

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Demographics Map

Seven Oaks Wesley Chapel

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Demographics

Seven Oaks Wesley Chapel

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Demographics