NEWLY APPROVED 37.4 ACRE RETAIL DEVELOPMENT SITE AVAILABLE FOR SALE Revered Clint Moore Road & U.S. 441 Location Boca Raton, Florida the region s most desirable zip code
When the Thomas family purchased 37.4 acres of land in Boca Raton to serve as their headquarters for farming operations in the 1980 s, they secured what was to become one of the most prized strips of real estate in all of South Florida. Coveted by many for over 20 years, this parcel is now zoned and available. As one of the nation s largest growers of high quality vegetables, the Thomas family took great care to insure that the land they nurtured for decades would become part of the community in a meaningful way. This is opportunity with a rich history this is Verde Commons. LOCATION HIGHLIGHTS 9905 Clint Moore Rd Boca Raton FL 33496 Latitude: 26.409851 Longitude: 80.210663 37.4 acres in Boca Raton, Florida Newly Approved for Retail Development significant Barriers-to-Entry Hard Corner Location NE corner of State Road 7 (US 441) Clint Moore Rd Located in Boca Raton, the wealthiest zip code (33496) in the county, second only to the Island of Palm Beach Surrounded by thousands of affluent single family residences, with another 5,000 approved Property is well positioned in excess of half a mile of frontage Directly across the street from one of the highest performing Publix locations in South Florida Anchored by 40,000 SF retail grocery; currently the only one available in Palm Beach County Just one mile from Delray Beach (called the emerging it town by the New York Post) Conveniently located between two international airports jim@knightgroupfl.com 3
PROPERTY SITE PLAN RETAIL: 165,930 SF RESIDENTIAL CLF: 120,000 SF FRONTAGE State Road 7 (US 441) - 660 feet Clint Moore Road - 2,462 feet ACCESS POINTS (5 Total) 1 State Road 7 (US 441) 4 Clint Moore Rd ZONING CL/MUPD PARKING (1032 Total) Retail 872 spaces Residential CLF 160 spaces jim@knightgroupfl.com 3
CLINT MOORE ROAD Boca Raton s current retail vacancy rate is 4.9% The average asking rental rate is $30.50 per sq. ft. STATE ROAD 7 / U.S. 441 jim@knightgroupfl.com 7
RIDING LAKES AT RATON GREENS ISLES MISSION BAY SATURNIA ISLES GL HOMES FUTURE COMMUNITIES THE OAKS AT RATON SITE RESERVE AT RATON 441 WOODS SEVEN BRIDGES HAMPTONS AT RATON LYONS ROAD MIZNER LE RIVAGE CENTURY VILLAGE AT RATON ATLANTIC AVE ADDISON RESERVE CLINT MOORE ROAD SYMPHONY BAY LONG LAKE ESTATES GARDENS THE BRIDGES WHISPER WALK BRENTWOOD OF HORSE SHOE ACRES GLADES LEXINGTON THE POLO WEST ST. ANDREWS WOODFIELD WOODFIELD GOLF TIMBERCREEK GLADES ROAD GROVE PLANTATION MONACO NEWPORT BAY WEST JOG ROAD FIELDBROOK BONIELLO ACRES R CONDOS SEASONS OF KINGS POINT DELRAY GOLF & THE POLO OF RATON AZURA BROKEN SOUND GOLF YAMATO ROAD LE JARDINS MILLPOND SANTA BARBARA LE LAC TOWN CENTER MALL N MILITARY TRAIL LYNN UNIVERSITY LINTON BLVD DELAIRE GOLF IRE ARVIDA PARK OF COMMERCE RATON AIRPORT FLORIDA ATLANTIC UNIVERSITY 5 MILES 1 AREA DEMOGRAPHICS 2015 Estimated Figures 1 mile 3 miles 5 miles Total Population 10,363 47,779 134,623 Households 4,916 20,287 64,492 Household Income: Average $103,000 $99,000 $93,000 Adult Median Age 49 52 54 Consumer Spending (Retail Goods) $30,541,349 $276,222,147 $423,562,959 Education Level of Population (2012) approx. 52.2% Bachelor s degree or higher, percent of persons age 25 years+ TRAFFIC 56,139 Vehicles Daily jim@knightgroupfl.com 9
REGION INFORMATION BUSINESS AIRPORTS Palm Beach International Airport (PBI) 25 miles north, 25 minutes driving time Boca Raton Executive Airport (BCT) 8 miles, 10 minutes driving time Fort Lauderdale Airport (FLL) 32 miles south, 30 minutes driving time Miami Intl. Airport (MIA) 52 miles south, 53 minutes driving time PORTS Port everglades - 22 miles south Port of Palm Beach - 23 miles north HOSPITALS West Boca Medical Center - 4 miles Boca Raton Regional Hospital - 10 miles Delray Medical Center - 7.3 miles Lynn Cancer Institute, Boca Raton - 9.5 miles Bethesda Hospital West, Boynton Beach - 7 miles COLLEGES AND UNIVERSITIES Florida Atlantic University (FAU) Boca Raton; approx. 33,000 students Lynn University, Boca Raton; approx. 2,500 students Palm Beach State College, Boca Raton campus; 10,000 students Florida s well-developed infrastructure, talented workforce and competitive tax climate are all attractive qualities for a business, and that s why the ADT Corporation selected Boca Raton as its new corporate headquarters. Naren Gursahaney, ADT CEO Boca Raton is the location for over 200 individual companies corporate and regional headquarters The Arvida Park of Commerce, an 850-acre office park with over 11,000 employees, is one of the most well-known office parks in Florida jim@knightgroupfl.com 10 jim@knightgroupfl.com 11
Knight Group is the exclusive broker for this property Jim Knight Cell 561.756.2833 Office 561.279.8601 Email jim@knightgroupfl.com Web knightgroupfl.com 123 East Atlantic Avenue 2nd Floor Delray Beach, FL 33444