Russell Smith Bob Moorhead - LoopNet...Metro Orlando is predominantly best known for the strength of its tourism industry, which attract millions a year. The tourism industry has resulted

4554 W Irlo Bronson Memorial HWY, Kissimmee, FL (ORLANDO)

Vacant Convenience Store with Gas

Russell Smith(214) [email protected]

Bob Moorhead(214) [email protected]

Secure Net Lease (“Agent”) has been engaged as an agent for the sale of the property

located at4554 W Irlo Bronson Memorial HWY, Kissimmee, FL the owner of the Property

(“Seller”). The Property is being offered for sale in an “as-is, where-is” condition and Seller

and Agent make no representations or warranties as to the accuracy of the information

contained in this Offering Memorandum. The enclosed materials include highly confidential

information and are being furnished solely for the purpose of review by prospective

purchasers of the interest described herein. The enclosed materials are being provided

solely to facilitate the prospective investor’s own due diligence for which it shall be fully and

solely responsible. The material contained herein is based on information and sources

deemed to be reliable, but no representation or warranty, express or implied, is being made

by Agent or Seller or any of their respective representatives, affiliates, officers, employees,

shareholders, partners and directors, as to the accuracy or completeness of the information

contained herein. Summaries contained herein of any legal or other documents are not

intended to be comprehensive statements of the terms of such documents, but rather only

outlines of some of the principal provisions contained therein. Neither the Agent nor the

Seller shall have any liability whatsoever for the accuracy or completeness of the

information contained herein or any other written or oral communication or information

transmitted or made available or any action taken or decision made by the recipient with

respect to the Property. Interested parties are to make their own investigations, projections

and conclusions without reliance upon the material contained herein. Seller reserves the

right, at its sole and absolute discretion, to withdraw the Property from being marketed for

sale at any time and for any reason. Seller and Agent each expressly reserves the right, at

their sole and absolute discretion, to reject any and all expressions of interest or offers

regarding the Property and/or to terminate discussions with any entity at any time, with or

without notice. This offering is made subject to omissions, correction of errors, change of

price or other terms, prior sale or withdrawal from the market without notice. Agent is not

authorized to make any representations or agreements on behalf of Seller. Seller shall

have no legal commitment or obligation to any interested party reviewing the enclosed

materials, performing additional investigation and/or making an offer to purchase the

Property unless and until a binding written agreement for the purchase of the Property has

been fully executed, delivered, and approved by Seller and any conditions to Seller’s

obligations hereunder have been satisfied or waived. By taking possession of and

reviewing the information contained herein, the recipient agrees that (a) the enclosed

materials and their contents are of a highly confidential nature and will be held and treated

in the strictest confidence and shall be returned to Agent or Seller promptly upon request;

and (b) the recipient shall not contact employees or tenants of the Property directly or

indirectly regarding any aspect of the enclosed materials or the Property without the prior

written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be

copied or otherwise reproduced without the prior written authorization of Seller and Agent.

PAGE 3: INVESTMENT OVERVIEW

PAGE 1: COVER

PAGE 2: TABLE OF CONTENTS | DISCLAIMER

PAGE 6: LOCATION OVERVIEW

PAGE 8: DEMOGRAPHICS

Disclaimer

PAGE 5: AERIAL PHOTO

2

PAGE 4: REGIONAL MAP

PAGE 7: PROPERTY PHOTOS


Investment Overview


Investment Overview

3

Property Details

Property Area: 1.77 Acres

Building Size: 5,034 Square Feet

Building Constructed: 2006

Fuel Pumps: Five Fuel Pump Islands

Tanks: Three

Tank Type: Double Walled Fiberglass Clad Steel

Immediate Trade Area:

•Large 5-mile population of over 135,000 residents.

•Strong trade area benefiting from fast residentialgrowth.

•Economic base dominated by tourism, military bases, and industrial companies.

•Serves as a gateway to Florida’s main theme parks — Disney’s Magic Kingdom, SeaWorld, EPCOT, Disney’s Hollywood Studios,

Disney’s Animal Kingdom, Universal Studios Orlando, Universal’s Islands of Adventure, and Legoland.

•Area serves as a major military defense and aerospace center including the McCoy Airforce base, the Orlando Naval Training

Center, and the Kennedy Space Center.


Regional Map


Aerial Photo

6

Coral Cay Resort

Medieval

Times Dinner

& Tournament

ShingleCreek

RegionalPark

Bronson Hwy (64,000VPD)

Location Overview


7

IMMEDIATE TRADE AREA

The subject property is located along W Irlo Bronson Memorial Hwy (64,000 Cars /

Day), a major thoroughfare that serves Kissimmee. The trade area benefits

significantly from its status as a suburban employment center, strong retail

development, and fast residential growth. The site is located within a 5 mile radius of

several major retailers and numerous national tenants including, Walmart, Sam’s Club

Target, Marshalls, Aldi, Ross, Home Depot, Big Lots, Dollar Tree, Office Depot, Chick-

fil-A, Starbucks, Dunkin’ Donuts, McDonald’s, Wells Fargo, Chase, Wendy’s, and many

more.

KISSIMMEE / OSCEOLA COUNTY, FL

Kissimmee is a city in Osceola County, Florida. It is the county seat of Osceola County,

and is one of the fastest growing communities in Florida. As of the 2010 U.S. census,

the population was 59,682. Osceola County is a stone’s throw away from Florida’s

main theme parks — Disney’s Magic Kingdom, SeaWorld, EPCOT, Disney’s Hollywood

Studios, Disney’s Animal Kingdom, Universal Studios Orlando, Universal’s Islands of

Adventure, and Legoland. Kissimmee is 17 miles south of Orlando, Florida.

Osceola's economic base is dominated by tourism, serving as a "gateway" to Disney

World and other Central Florida attractions. The area's historical investments in

ranching and citrus are still very strong, while light industry and service enterprises are

growing due to Osceola's transportation advantages and proximity to the Greater

Orlando area.

With three international or regional airports serving the Central Florida area, getting to

Kissimmee is always easy. Most major airlines fly into Orlando International Airport

(MCO), just 30 minutes from Kissimmee, with additional flights arriving at Orlando

Sanford International Airport (SFB), less than an hour's travel time away. Kissimmee

Gateway Airport (ISM), conveniently located to Hwy. 192 and I-4, is the closest airport

to the major theme parks and convention centers, and offers prime access for those

flying in on private or charter jets.

One of our strongest assets, Osceola County has enjoyed rapid population growth

over the last several decades. More importantly, this growth has been in the

employable age ranges. This, combined with our centralized location, positions

Osceola County well for manufacturing, distribution and corporate headquarters

operations.

ORLANDO-KISSIMMEE-SANFORD MSA

Orlando-Kissimmee-Sanford Metropolitan statistical area commonly referred to as

“Metro Orlando” is the 3rd largest MSA in Florida and 26th largest in the US.

According to the 2010 US Census, the population is 2,134,411 an increase of

51,990 or 2.50% over the previous year estimates. The US Office of Management

and Budget is also part of the Orlando-Deltona-Daytona Beach Combined Statistical

Area. The estimated population of this CSA was 2,818,120 in 2010 and includes

three of the 25 fastest growing counties in the nation - Flagler ranks 1st, Osceola

ranks 17th, and Lake ranks 23rd.

Metro Orlando is predominantly best known for the strength of its tourism industry,

which attract millions a year. The tourism industry has resulted in numerous hotels,

restaurants, and shopping malls all ranging from low to upscale options. In addition

to tourism, agriculture has been a major part of central Florida’s economy for the

past 100 years. Specifically within agriculture, the area has benefited from the Citrus

industry. Although, recently the number of citrus farms have moved further south

there still three major juice plants in the area; these include Cutrale Citrus, Florida’s

Natural Growers, and Silver Springs Citrus. Minute Maid also operates a major juice

flavoring plant in northern Orange County. Other agricultural activities include cattle

farming, which can be found along the outer ring of the major metro areas.

Since World War II the area has served as a major military defense and aerospace

center. The US Military in the 1940s opened McCoy Air Force Base and the Orlando

Naval Training Center. The McCoy Air Base was a major launching point for B-52

Strato-fortress operations. In 1974 the base closed and was converted into Orlando

International Airport, which is now the 13th busiest airport in the US. Military defense

contractors such as Lockheed Martin, the most prominent in the area, operate both

a laboratory and a manufacturing facility in Orlando. Aerospace operations are

predominantly comprised of the Kennedy Space Center and the adjoining Cape

Canaveral Air Force Station. The Kennedy Space Center has been responsible for

every manned space flight in 1968, although such flights are currently on hiatus.

Metro Orlando has benefited from an economic diversity that includes tourism to

military defense, and recently has been recognized as a major hi-tech hub. Popular

opinion is that University of Central Florida is viewed as one of the best computer

science and engineering public universities in the US. The Central Florida Research

Park, a research park established at the university, is the 7th largest in the US but 4th

largest in terms of companies. The park includes such companies as ATT, Cisco

Systems, Lockheed Martin, Raytheon, and Boeing. The MSA also hosts other large

technology companies, such as Oracle, Electronic Arts, and Siemens.

The Orlando area is served by a single interstate highway, Interstate 4, and is the

second largest city in the US to share this designation. Interstate 4 is the main

north/south motorway and is intersected by a series of toll roads that provide

eastward and westward travel.


Property Photos

4554 W Irlo Bronson MemorialHwy

Kissimmee, FL 347461 mi radius 3 mi radius 5 miradius

LA

BO

RF

OR

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2019 Est. Labor Population Age 16 Years or Over 6,517 43,809 108,878

2019 Est. Civilian Employed 65.4% 65.8% 65.2%

2019 Est. Civilian Unemployed 1.7% 1.6% 1.6%

2019 Est. in ArmedForces - - -

2019 Est. not in LaborForce 32.9% 32.6% 33.2%

2019 Labor Force Males 49.7% 48.7% 48.5%

2019 Labor Force Females 50.3% 51.3% 51.5%

OC

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2019 Occupation: Population Age 16 Years or Over 4,260 28,815 70,958

2019 Mgmt, Business, & FinancialOperations 7.5% 8.2% 11.4%

2019 Professional, Related 9.3% 10.0% 14.6%

2019 Service 33.6% 33.2% 28.5%

2019 Sales, Office 25.4% 26.6% 26.6%

2019 Farming, Fishing, Forestry 1.1% 0.8% 0.4%

2019 Construction, Extraction,Maintenance 12.6% 10.5% 8.8%

2019 Production, Transport, MaterialMoving 10.5% 10.7% 9.8%

2019 White Collar Workers 42.2% 44.8% 52.5%

2019 Blue Collar Workers 57.8% 55.2% 47.5%

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2019 Drive to Work Alone 76.9% 76.9% 79.5%

2019 Drive to Work in Carpool 14.0% 12.3% 10.8%

2019 Travel to Work by PublicTransportation 4.3% 4.7% 3.2%

2019 Drive to Work on Motorcycle 1.0% 0.6% 0.3%

2019 Walk or Bicycle to Work 1.5% 1.9% 1.5%

2019 Other Means 0.1% 0.5% 0.8%

2019 Work at Home 2.1% 3.1% 3.8%

TR

AV

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2019 Travel to Work in 14 Minutes or Less 16.0% 14.8% 15.6%

2019 Travel to Work in 15 to 29 Minutes 38.5% 38.1% 40.4%

2019 Travel to Work in 30 to 59 Minutes 41.4% 43.8% 40.6%

2019 Travel to Work in 60 Minutes or More 10.2% 10.5% 9.9%

2019 Average Travel Time to Work 28.5 28.4 27.5

CO

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2019 Est. Total Household Expenditure $113.66 M $826.22 M $2.2 B

2019 Est. Apparel $3.99 M $28.9 M $77.14 M

2019 Est. Contributions, Gifts $5.96 M $43.37 M $118.06M

2019 Est. Education,Reading $3.29 M $23.87 M $65.37 M

2019 Est. Entertainment $6.24 M $45.06 M $121.14M

2019 Est. Food, Beverages,Tobacco $17.88 M $130.08 M $343.81M

2019 Est. Furnishings, Equipment $3.88 M $28.04 M $75.38 M

2019 Est. Health Care,Insurance $10.5 M $76.39 M $202.32M

2019 Est. Household Operations, Shelter,Utilities $37.35 M $272.94 M $721.95M

2019 Est. Miscellaneous Expenses $2.12 M $15.4 M $41.08 M

2019 Est. Personal Care $1.52 M $11.05 M $29.43 M

2019 Est. Transportation $20.93 M $151.13 M $402.62M


4554 W Irlo Bronson MemorialHwy

Kissimmee, FL 347461 mi radius 3 mi radius 5 mi radius

PO

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LA

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2019 Estimated Population 8,347 55,588 135,967

2024 Projected Population 10,311 68,626 164,054

2010 Census Population 5,487 39,094 102,379

2000 Census Population 3,196 31,823 71,479

Projected Annual Growth 2019 to 2024 4.7% 4.7% 4.1%

Historical Annual Growth 2000 to 2019 8.5% 3.9% 4.7%

HO

US

EH

OL

DS 2019 Estimated Households 2,734 19,852 47,883

2024 Projected Households 3,039 22,104 53,195

2010 Census Households 1,793 13,901 35,320

2000 Census Households 1,106 11,896 26,857

Projected Annual Growth 2019 to 2024 2.2% 2.3% 2.2%

Historical Annual Growth 2000 to 2019 7.7% 3.5% 4.1%

AG

E

2019 Est. Population Under 10Years 13.8% 13.5% 12.4%

2019 Est. Population 10 to 19 Years 13.8% 13.2% 13.5%





2019 Est. Population 75 Years or Over 3.8% 4.2% 4.7%

2019 Est. Median Age 32.2 33.0 33.9

MA

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2019 Est. Male Population 49.9% 49.4% 49.1%

2019 Est. Female Population 50.1% 50.6% 50.9%

2019 Est. NeverMarried 39.6% 40.1% 38.8%

2019 Est. Now Married 33.3% 32.4% 35.8%

2019 Est. Separated or Divorced 23.8% 23.2% 20.5%

2019 Est. Widowed 3.2% 4.2% 4.9%

INC

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2019 Est. HH Income $200,000 orMore 1.7% 1.5% 2.7%

2019 Est. HH Income $150,000 to$199,999 2.6% 2.8% 3.7%

2019 Est. HH Income $100,000 to$149,999 10.5% 8.5% 10.6%

2019 Est. HH Income $75,000 to$99,999 13.3% 11.8% 12.3%

2019 Est. HH Income $50,000 to$74,999 20.5% 19.5% 20.9%

2019 Est. HH Income $35,000 to$49,999 18.9% 19.3% 16.7%

2019 Est. HH Income $25,000 to$34,999 11.7% 12.9% 11.3%

2019 Est. HH Income $15,000 to$24,999 10.6% 12.4% 10.7%

2019 Est. HH Income Under $15,000 10.2% 11.5% 11.0%

2019 Est. Average Household Income $46,307 $46,377 $54,023

2019 Est. Median Household Income $50,632 $46,447 $52,276

2019 Est. Per CapitaIncome $15,166 $16,574 $19,408

2019 Est. Total Businesses 266 1,940 8,068

2019 Est. Total Employees 2,340 17,165 69,536

Demographics

9

Documents

Russell Smith Bob Moorhead - LoopNet...Metro Orlando is predominantly best known for the strength of its tourism industry, which attract millions a year. The tourism industry has resulted