• Sale Price $2,999,000
• 20,239 Sq Ft +/-
• Eleven tenants
• Strong Demographics
• Built in 2004
• Land size 1.73 acres +/-
• Upside several tenants below market rent
• Commercial elevator
The information provided in this document has been prepared to provide a summary of information to a prospective purchaser and to establish only a preliminary level of interest in the subject property. The information contained in this document has been obtained from sources we believe to be reliable; however, Wagner Realty has not verified and will not verify, any of the information herein, nor has Wagner Realty conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provid-ed. All potential buyers must take the appropriate measures to verify all of the information set forth herein.
Palm Coast Proforma
Base Rent $239,581.08
Management fee $12,000.00
Total $251,581.08
Net Operating Income $251,581.08
Asking Price $2,999,000.00
Emmanuel’s Closet 2,088 SF
Unit 106 & 107
Keller WIlliams 1,000 SF Unit 108
Fashion Boutique 1,056 SF Unit 105
Realear Inc. 1,965 SF
Unit 109-110
Craft Bar 2,100 SF
Unit 103-104
Sylvain’s Caribbean Restaurant 2,100 SF Unit 102
Gro
und F
loor—
not to
scale
FR
ON
T
Tattoos 1,923 SF
Unit 204-205
Biller Clothing 935 SF
Unit 203
Twisted Minds Escape Room
5,056 SF Unit 206-207-208-209-210
Men’s Barber shop 1,000 SF Unit 202
Hair & Nail Salon 970 SF
Unit 201
Seco
nd F
loor—
not to
scale
FR
ON
T
2023 Projection 103,1182018 Estimate 92,0832015 Estimate 99,779
2010 Census 75,1802000 Census 33,504
Growth 2018-2023 11.98%Growth 2015-2018 -7.71%Growth 2010-2015 32.72%Growth 2000-2010 124.39%
Disclaimer:Disclaimer: While we believe this information (via GeoLytics) to be reliable, we have not checked its accuracy and make no guarantee as to its validity. By using the information provided on this page, the
user acknowledges that the data may contain errors or other nonconformities. You and/or your client should diligently and independently verify the specifics of the information that you are using.
92,083Population
11.98%Projected Growth
35,064Workforce
4.15%Unemployment
46.34Median Age
$52,697Household Income
PopulationPopulation
Demographics, Labor/Workforce, andDemographics, Labor/Workforce, andConsumer ExpendituresConsumer ExpendituresPalm Coast, FL
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
Page 1Page 1
2023 Projection 48,9842018 Estimate 43,6462015 Estimate 47,246
2010 Census 35,904Growth 2018-2023 12.23%Growth 2015-2018 -7.62%Growth 2010-2015 31.59%
2023 Projection 54,1342018 Estimate 48,4372015 Estimate 52,533
2010 Census 39,276Growth 2018-2023 11.76%Growth 2015-2018 -7.8%Growth 2010-2015 33.75%
Age 0 to 5 6,212Age 5 to 10 5,930
Age 10 to 15 5,565Age 15 to 20 5,347Age 20 to 25 5,142Age 25 to 30 4,720Age 30 to 35 4,293Age 35 to 40 3,939Age 40 to 45 3,895Age 45 to 50 4,190Age 50 to 55 4,490Age 55 to 60 4,659Age 60 to 65 4,757
Age 65 and over 28,944Total Population 92,083
Median Age 46.34
Age 0 to 5Age 5 to 10Age 10 to 15Age 15 to 20Age 20 to 25Age 25 to 30Age 30 to 35Age 35 to 40Age 40 to 45Age 45 to 50Age 50 to 55Age 55 to 60Age 60 to 65Age 65 and over
7%
6%
6%
6%
6%
5%
5%
4%
4%
5%
5%
5%
5%
31%
2010 Census 43.7
2010 Census 46.3
High School Graduate (or GED) 21,027Some College, No Degree 16,580
Associate or Bachelor's Degree 4,439Master's Degree 3,106
Professional School Degree 1,028Doctorate Degree 374
Total High School Graduates Age 25+ 46,554
High School Graduate (or GED)Some College, No DegreeAssociate or Bachelor's DegreeMaster's DegreeProfessional School DegreeDoctorate Degree
45%
36%
10%
7%
2%
1%
Population (Male)Population (Male)
Population (Female)Population (Female)
Population by AgePopulation by Age (2018 Estimate)
Median Age (Male)Median Age (Male)
Median Age (Female)Median Age (Female)
High School Graduates Age 25+ by Educational AttainmentHigh School Graduates Age 25+ by Educational Attainment (2018 Estimate)
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
Page 2Page 2
Only English 55,498Spanish or Spanish Creole 4,413
Other 7,081Total Population Age 5+ 66,992
Only EnglishSpanish or Spanish CreoleOther
83%
7%
11%
2023 Projection 40,9052018 Estimate 36,6212015 Estimate 39,706
2010 Census 29,805Growth 2018-2023 11.7%Growth 2015-2018 -7.77%Growth 2010-2015 33.22%
2023 Projection 2.552018 Estimate 2.54
2010 Census 2.51Growth 2018-2023 0.39%Growth 2010-2018 1.2%
Family Households 26,680Married-couple family 20,987
With own children under 18years
6,278
No own children under 18 years 14,709Male Householder: no wife present 1,402
With own children under 18years
699
No own children under 18 years 703Female Householder: no husband
present4,291
With own children under 18years
2,405
No own children under 18 years 1,886Nonfamily Households 9,941
1 Person households 7,8852+ Unrelated people 2,056
Total Households 36,621
Family HouseholdsMarried-couple family
With own children under 18yearsNo own children under 18 years
Male Householder: no wife presentWith own children under 18yearsNo own children under 18 years
Female Householder: no husbandpresent
With own children under 18yearsNo own children under 18 years
Nonfamily Households1 Person households2+ Unrelated people
73%
57%
17%
40%
4%
2%
2%
12%
7%
5%
27%
22%
6%
Population Age 5+ by Language at HomePopulation Age 5+ by Language at Home (2010 Census)
HouseholdsHouseholds
Average Household SizeAverage Household Size
Households by Household Type and Size and Presence of ChildrenHouseholds by Household Type and Size and Presence of Children (2018 Estimate)
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
Page 3Page 3
Less than $25,000 8,193$25,000 to $49,999 10,752$50,000 to $74,999 8,545$75,000 to $99,999 4,757
$100,000 to $124,999 2,244$125,000 to $149,999 973$150,000 to $199,999 561
$200,000 or more 596Total Households 36,621
Average Household Income $56,864.65Median Household Income $52,697.94
Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more
22%
29%
23%
13%
6%
3%
2%
2%
Less than $25,000 9,176$25,000 to $49,999 12,021$50,000 to $74,999 9,571$75,000 to $99,999 5,301
$100,000 to $124,999 2,487$125,000 to $149,999 1,075$150,000 to $199,999 626
$200,000 or more 648Total Households 40,905
Average Household Income $56,701.32Median Household Income $54,725.13
Less than $25,000$25,000 to $49,999$50,000 to $74,999$75,000 to $99,999$100,000 to $124,999$125,000 to $149,999$150,000 to $199,999$200,000 or more
22%
29%
23%
13%
6%
3%
2%
2%
2018 Estimate $22,770.30
2018 Estimate 4.15%2010 Census 8.4%
Growth 2010-2018 -50.6%
Labor Force 35,064Civilian, Employed 33,627
Civilian, Unemployed 1,437Not in Labor Force 38,143
Total Population Age 16+ 73,207
Labor ForceCivilian, EmployedCivilian, Unemployed
Not in Labor Force
48%
46%
2%
52%
Households by Household IncomeHouseholds by Household Income (2018 Estimate)
Households by Household IncomeHouseholds by Household Income (2023 Projection)
Per Capita IncomePer Capita Income
Unemployment RateUnemployment Rate
Population Age 16+ By Employment StatusPopulation Age 16+ By Employment Status (2018 Estimate)
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
Page 4Page 4
Agriculture, forestry, fishing and hunting,mining and construction
2,835
Manufacturing 2,635Wholesale & retail trade 5,239
Transportation and warehousing, andutilities
968
Information 929Finance, insurance, real estate and
rental and leasing1,636
Professional, scientific, and technicalservices
4,069
Educational, health and social services 7,697Arts, entertainment, recreation,
accommodation and food services3,482
Other services (except publicadministration)
2,533
Public Administration 1,604Total Employed Civilian Population Age
16+33,627
Agriculture, forestry, fishing and hunting,mining and constructionManufacturingWholesale & retail tradeTransportation and warehousing, andutilitiesInformationFinance, insurance, real estate andrental and leasingProfessional, scientific, and technicalservicesEducational, health and social servicesArts, entertainment, recreation,accommodation and food servicesOther services (except publicadministration)Public Administration
8%
8%
16%
3%
3%
5%
12%
23%
10%
8%
5%
Management, Professional, and Relatedoccupations
9,153
Management, Business, andFinancial Operations Occupations
3,759
Professional and RelatedOccupations
5,394
Service Occupations 5,597Healthcare support occupations 749
Protective service occupations 848Food preparation and serving related
occupations1,582
Building and grounds cleaning andmaintenance occupations
1,442
Personal care and serviceoccupations
976
Sales and Office Occupations 7,648Sales and related occupations 3,245
Office and administrative supportoccupations
4,403
Farming, fishing, and forestryoccupations
0
Construction, Extraction, andMaintenance Occupations
2,326
Production, Transportation, and MaterialMoving Occupations
3,070
Total Employed Civilian Population Age16+
27,794
Management, Professional, and Relatedoccupations
Management, Business, andFinancial Operations OccupationsProfessional and RelatedOccupations
Service OccupationsHealthcare support occupationsProtective service occupationsFood preparation and serving relatedoccupationsBuilding and grounds cleaning andmaintenance occupationsPersonal care and serviceoccupations
Sales and Office OccupationsSales and related occupationsOffice and administrative supportoccupations
Farming, fishing, and forestryoccupationsConstruction, Extraction, andMaintenance OccupationsProduction, Transportation, and MaterialMoving Occupations
33%
14%
19%
20%
3%
3%
6%
5%
4%
28%
12%
16%
0%
8%
11%
Total Workers Age 16+ 27,203
Employed Civilian Population Age 16+ by IndustryEmployed Civilian Population Age 16+ by Industry (2018 Estimate)
Employed Civilian Population Age 16+ by OccupationEmployed Civilian Population Age 16+ by Occupation (2010 Census)
Workers Age 16+ by Transportation to WorkWorkers Age 16+ by Transportation to Work (2010 Census)
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
Page 5Page 5
Vacant Housing Units 12,547Occupied Housing Units 36,621
Owner-Occupied 29,209Renter-Occupied 7,412
Total Housing Units 49,168
Vacant Housing UnitsOccupied Housing Units
Owner-OccupiedRenter-Occupied
26%
74%
59%
15%
Less than $50,000 358$50,000 to $99,999 822
$100,000 to $149,999 3,476$150,000 to $199,999 4,778$200,000 to $249,999 5,034$250,000 to $299,999 2,741$300,000 to $399,999 2,384$400,000 to $499,999 802$500,000 to $749,999 930
$750,000 to $1,000,000 234$1,000,000 or more 80
Total Owner occupied Housing Units 21,639Median Housing Value $213,800
Less than $50,000$50,000 to $99,999$100,000 to $149,999$150,000 to $199,999$200,000 to $249,999$250,000 to $299,999$300,000 to $399,999$400,000 to $499,999$500,000 to $749,999$750,000 to $1,000,000$1,000,000 or more
2%
4%
16%
22%
23%
13%
11%
4%
4%
1%
0%
Housing Units by TenureHousing Units by Tenure (2018 Estimate)
Owner occupied Housing Units by Housing ValueOwner occupied Housing Units by Housing Value (2010 Census)
Prepared by David J Fletcher, WAGNER REALTYMar 14, 2019 on MFCRE
941-720-7575 [M] 941-727-1175 [O] [email protected] Estate License: 0671340
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