winter garden, florida (orlando msa)...a $100 million proto therapy center and medical campus, a...
TRANSCRIPT
SITE
1,000 - 12,000 SF AVAILABLE
RETAIL / RESTAURANTOFFICE / MEDICALOPPORTUNITYFOR LEASE
WINTER GARDEN, FLORIDA (ORLANDO MSA)
5400 HAMLIN GROVES TRAIL, WINTER GARDEN, FLORIDA 34787
Rave Commercial is pleased to offer the incredibly unique opportunity to be located at Hamlin Groves Trail - one of Florida’s hottest commercial areas and fastest growing submarket in the Orlando region. The site is positioned to benefit from the affluent and growing trade area featuring an average household income of $110,000 within a 5-mile radius.
DESCRIPTION
CONTACT
CLERMONT
DOWNTOWNORLANDO
DOWNTOWNORLANDO
KISSIMMEECELEBRATION
WINTERGARDEN OCOEE
WINTER PARKWINTER PARK
APOPKA
ALTAMONTESPRINGS
ALTAMONTESPRINGS
MAITLANDMAITLAND
LONGWOOD
LAKEAPOPKA
FOURCORNERS
4
4
528
414
436
TPK
TPK
27
92
17
192
192
417
417
408 408
50
50
UNIVERSALORLANDO®
RESORT
SEAWORLD®
WINDERMERE
DR. PHILLIPS
HORIZON WEST
ISLEWORTH
429
441
COLLEGEPARK
ORLANDOINT’L AIRPORT
WELLNESSWAY
ORANGE COUNTYCONVENTION CENTER
SINCE 2010,THE POPULATION
WITHIN 5 MILES OF HAMLIN HASMORE THAN
DOUBLED
REPRESENTS
1/3OF THE GROWTH FOR THE ENTIRE
METRO AREA
+50%OF NEW HOME
CLOSINGS IN ORANGE COUNTY WERE CAPTURED IN
HORIZON WEST(4Q 2015 TO 3Q 2016)
59% OF NEW HOME SALES BETWEEN $350K AND
$500K WERE CAPTURED IN HORIZON WEST
(4Q 2015 TO 3Q 2016)
Supply, let us introduce you to powerful, pent-up demand. Orlando leads the nation in population growth and job growth according to 1Q16 U.S. Census Bureau data. And while the growth is impressive, it is the leading household income levels in and around Hamlin that create a remarkable opportunity to keep pace with growth and tap into an underserved, affluent market. But we can’t ignore the tourism impact.
DRIVE TIME POPULATION AVG. INCOME
10 minutes 50,000 $110,000
20 minutes 226,000 $78,000
30 minutes 898,000 $70,000
Powerful demand for retail, restaurants, services, and office space drastically exceeds the area’s current supply. Hamlin residents drive an average of 20-30 minutes to make their purchases and enjoy restaurant experiences.
50%OF HOUSEHOLD PURCHASES ARE MADE OUTSIDE OF
HORIZON WEST DUE TO LIMITED RETAIL AND RESTAURANTS WITHIN THE SUBMARKET
HORIZON WEST/WEST ORANGE SUBMARKET SNAPSHOT> 3rd lowest inventory of retail square footage in the Central Florida market> Lowest total vacancy in the Central Florida market> Demand and performance drives the highest average asking rental rateSOURCE: COLLIERS INTERNATIONAL CENTRAL FLORIDA
DATA VIA ESRI
The 429 connects Hamlin to even more demand and puts Walt Disney World® Resort at your doorstep.
226,000 CVIA
ONSUMERS THE SR 429 EXPRESSW
WITHIN 20 MINUTESAY
8 MINUTES FROM THE WALT DISNEY WORLD® RESORT
#1 MOST VISITED THEMED ENTERTAINMENT RESORT
52,000,000+ ANNUAL ATTENDANCE
85,000+ EMPLOYEES: THE LARGEST SINGLESITE EMPLOYER IN THE U.S.
REPRESENTATIVE PHOTO
HIGHLIGHTS
RAVE [email protected]
Mobile: 813.750.7507
Located In Horizon West | Award-Winning Master Planned Community• The site is located in Horizon West, one of the top 3 master-planned communities in the nation• Horizon West includes The Cove At Hamlin (by Taylor Morrison), Overlook at Hamlin (by Taylor
Morrison), and Hamlin Reserve (by Ashton Woods)• Across from Independence, a community with 1,800 homes
Close Proximity to Orlando Health Medical Complex• Site is located just north of the Orlando Health Medical Complex (expected 2018), which will
increase demand for retail in the immediate trade areaBedroom Community To Orlando | Affluent 5-Mile Trade Area | Projected Growth
• Winter Garden serves as a bedroom community to Orlando and is only a mere 25 minutes away• More than 53,000 residents support the trade area and population growth is projected to increase
by nearly 4% each year• $110,000 average household incomes
8 Minutes Away From Disney World |#1 Tourist Destination in the Nation• Average annual attendance to Disney World is over 52 million people per year• Site is poised to benefit from thousands of people staying in the immediate trade area who are visiting
Disney World• Greatly increases consumer draw to the area and promotes crossover shopping
New Walmart, Publix, & Cinepolis | More Than Two Million SF • A new Walmart and Publix just opened for business, which demonstrates the strength of the trade
area• Walmart, Publix, and Cinepolis (expected 2018) are part of Hamlin Town Center, which will feature
a $100 million proto therapy center and medical campus, a 120-key Boutique Hotel, and 316 luxury multifamiy units
• Located east of Hamlin West, which will feature 700 residential units, and 820,000 SF of retail• At completion, Hamlin Town Center will have more than 2 million square feet of retail,
restaurants, entertainment uses, hotels, medical facilities, and office space, as well as several thousand single-family & multifamily residences
LOCATION MAP
ORLANDO
WINTER GARDEN
SITE
8 Minutes | 10 MilesTo Disney World
25 Minutes | 20 MilesTo Orlando
2017 ESTIMATED POPULATION3 Mile ......................................................... 17,6585 Mile ......................................................... 53,4237 Mile ........................................................117,061
2017 AVERAGE HOUSEHOLD INCOME3 Mile ........................................................$97,841 5 Mile ......................................................$110,1587 Mile ......................................................$103,223
2017 ESTIMATED TOTAL EMPLOYEES3 Mile ........................................................... 2,9575 Mile ......................................................... 16,6127 Mile ......................................................... 33,224
HAMLIN GROVES TRAIL
PROPOSED SITE PLAN
MEDICAL / OFFICE(12,000 SF)
SINGLE TENANT(5,000 SF)
RETAIL / RESTAURANT(12,000 SF)
SINGLE TENANT(4,000 SF)
Stat
e High
way 4
29
Hamlin Groves Trail
New Independence Parkway
SITE
Future Orange County Regional Park(220 Acres)
Independence (1,829 Homes)
Overlook at HamlinBy Taylor Morrison
The Cove At HamlinBy Taylor Morrison
Hamlin ReserveBy Ashton Woods
Orlando Health Medical Complex(Under Construction - Expected 2018)
Future Retail
Hamlin West820,000 SF - Retail
700 Residential HomesTwo 120-Key Hotels
(Expected 2018)