1001 Havendale Blvd NW - For Sale Winter Haven, FL 33881 - JLL
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For Sale 1001 Havendale Blvd NW Winter Haven, FL 33881
Table of contents
Executive summary ��������������������������������������������������������������������������������������������������������������������������������������������������������3
Property summary ���������������������������������������������������������������������������������������������������������������������������������������������������������4
Area retailers.................................................................................................................................................................... 5
Polk County Property Appraiser ����������������������������������������������������������������������������������������������������������������������������������6
Demographics �����������������������������������������������������������������������������������������������������������������������������������������������������������������7
• Median Household Income and Density
• Retail Business Density
Strengths and opportunities ��������������������������������������������������������������������������������������������������������������������������������������10
Contacts:
Paul Rutledge Jen Ward
Senior Vice President Associate
+1 813 261 6716 +1 813 261 6727
paul.rutledge@am.jll.com jen.ward@am.jll.com
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 2
Executive summary
Introduction
JLL is pleased to present this Broker’s Opinion of Value for the sale
of a 2,841± s.f. former bank branch building and property located P r o p e r t y fa c t s
at 1001 Havendale Blvd. NW, Winter Haven, Florida. The property
1001 Havendale Blvd. NW
is offered for a potential owner-occupant or an investor with an A d d re s s :
Winter Haven, FL 333881
alternate use.
Building size: 2,841± SF with four (4) drive-thru lanes
• “L” shaped parcel on a double corner situated at a
signalized intersection Yea r b u i l t : 1973
• Access both east and west on Havendale Blvd. NW
L a n d a rea : 1.04± AC
• Excellent visibility
Pa r k i n g : 28 spaces / 9.86 per 1,000 SF
• Four (4) drive-thru lanes
• ±300 feet of frontage on highly trafficked Havendale Blvd. City of Winter Haven
Zo n i n g :
C-3 (Commercial-Highway)
• Well-maintained building ready for occupancy
P r i ce : $850,000
• Restriction against use as a financial institution for 2
years
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 3
Property summary
T h e s i te
1001 Havendale Blvd. NW
Address:
Winter Haven, FL 333881
Subject property
Situated on a hard corner at a signalized
Lo cat i o n : intersection of Havendale Blvd. NW & 10th St. NW
and 11th St. NW
Ownership: Wells Fargo Bank N.A.
S i ze : 2,841± SF
D e s c r i pt i o n : One-story building with easy access
L a n d a r ea : 1.04± AC
Yea r b u i l t : 1973
Pa r k i n g : 28 spaces / 9.86 per 1,000 SF
Zo n i n g : City of Winter Haven C-3 (Commercial-Highway)
Buyer to analyze and determine all conditions
Conditions:
through investigation by professional services
No implied or expressed representations or warranties are made by the Seller. Buyer and its professionals must determine
expenses for Association assessments, taxes, insurance as may be applicable, or any other expenses. The site is being
sold “as is where is.”
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 4
Area retailers
Lake Alfred Rd
d
kR
r
Pa
ner
ce
Lu
29,000±AADT
Have
ndale
Blvd
33,500± AADT Martin Luther King Blvd
Inman Park
Subject property
1st Street N
31,000
±AADT
6th Street NW
Polk State College
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 5
Polk County Property Appraiser
STRAP
26-28-17-546500-000570
Limitations
Buyer to analyze and determine through
investigation by professional services all
Declarations of Covenants, Conditions and
Restrictions of any other Federal, State, Municipal
or other authority.
Subject property
Havendale Blvd NW
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 6
Demographics - 1001 Havandale Blvd. NW
Population 1 Mile 3 Miles 5 Miles Households 1 Mile 3 Miles 5 Miles
2020 Population 6,258 48,707 98,986 2020 Total Households 2,908 19,071 38,432
2025 Population 6,677 51,993 105,853 2025 Total Households 3,090 20,247 40,905
2020-2025 Annual Rate 1.30% 1.31% 1.35% 2000-2010 Annual Rate -1.00% -0.53% 0.38%
2010-2020 Annual Rate 1.26% 1.14% 1.28%
2020-2025 Annual Rate 1.22% 1.20% 1.26%
Household Income 1 Mile 3 Miles 5 Miles 2020 Avg. Household Size 1.12 2.52 2.55
2020 Median HH Income $36,883 $41,687 $49,075
2025 Median HH Income $37,678 $44,499 $51,709 Housing Units 1 Mile 3 Miles 5 Miles
2020 Average HH Income $53,261 $58,407 $65,640 2020 Total Housing Units 3,412 22,161 44,544
2025 Average HH Income $55,889 $63,579 $71,717 2020 Owner Occupied Units 1,437 10,985 25,877
2020 Per Capita Income $23,646 $22,886 $25,573 2020 Renter Occupied Units 1,471 8,086 12,555
2025 Per Capita Income $24,650 $24,770 $27,808 2020 Vacant Housing Units 504 3,090 6,112
High economic vitality - Polk County
JOBS
703,886 1.54% 1.52% 9.4%
2020 Population 2010-2020 Annual 2020-2025 Annual Unemployment Rate
Population Rate Projected Population Rate
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 7
Median Household Income and Density
Median Household Income
1001 Havendale Blvd NW
Source: ©2020 Esri.
September 17, 2020
©2020 Esri Page 1 of 1
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 8Retail Business Density
Retail Business Density
1001 Havendale Blvd NW
Source: ©2020 Esri.
September 17, 2020
©2020 Esri Page 1 of 1
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 9Strengths and opportunities
Strengths Opportunities
• ±300 feet of frontage on Havendale Blvd thoroughfare • Can easily be re-purposed for office or other professional use
• Easy points of access • Large parcel with possibility of redevelopment
• Existing building with strong facade
• Dual access on 10th Street and 11th Street
• Drive-thru approved
• Excellent signage
JLL Services 10
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 10Table of Contents
Memorandum disclaimer
This Offering Memorandum (“OM”) is provided for the sole purpose of allowing a potential investor to evaluate whether there is interest in proceeding with further discussions regarding a possible purchase of or
investment in the subject Property.
The potential investor is urged to perform its own examination and inspection of the Property and information relating to same, and shall rely solely on such examination and investigation and not on this Brochure
or any materials, statements or information contained herein or otherwise provided by owner and its representatives.
Neither Owner, Jones Lang LaSalle, nor any of their respective partners, directors, officers, employees and agents (“Agents”), make any representations or warranties, whether express or implied, by operation of
law or otherwise, with respect to this OM or the Property or any materials, statements (including financial statements and projections) or information contained herein or relating thereto, or as to the accuracy or
completeness of such materials, statements or information, or as to the condition, quality or fitness of the Property, or assumes any responsibility with respect thereto. Such materials, statements and information
have in many circumstances been obtained from outside sources, and have not been tested or verified. Projections, in particular, are based on various assumptions and subjective determinations as to which no
guaranty or assurance can be given.
Without limiting the foregoing, in the event this OM contains information relating to asbestos or any other hazardous, toxic or dangerous chemical, item, waste or substance (“Hazardous Materials”) in relation to
the Property, such information shall in no way be construed as creating any warranties, or representations, express or implied, by operation of law or otherwise, by Agents or the owner, as to the existence or non-
existence or nature of Hazardous Materials in, under, on or around the Property.
This OM is provided subject to errors, omissions, change of price or terms and other changes to the materials, statements and information contained herein or relating to the Property, and is subject to withdrawal,
all without notice. The contents hereof are confidential and are not to be reproduced or distributed to any person or entity without the prior written consent of Agents or Owner, or used for any purpose other than
initial evaluation as indicated above.
1001 Havendale Blvd. NW • Winter Haven, Florida • Page 11Contacts: Paul Rutledge Jen Ward Senior Vice President Associate +1 813 261 6716 +1 813 261 6727 paul.rutledge@am.jll.com jen.ward@am.jll.com
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