GREAT RETAIL/RESTAURANT SPACE FOR LEASE

Burgundy Square Venice FL199, 201, 203 Miami Ave W, Venice, FL, 34285

2500 SF Can be Divided 1700 SF and 800 SF

Burgundy Square Venice FL Building Summary | 02

THE SPACELocation 199, 201, 203 Miami Ave W, Venice, FL, 34285COUNTY SarasotaCross Street Nokomis Ave

HIGHLIGHTSIsland Of Venice - Burgundy Square Retail Trade Area

Great Retail/Restaurant Space

Large Windowed Space Opens to Park and Fountain

Unique Cornered Space unlike anything else in Venice.

Excellent Visibility and Foot Traffic

Downtown Venice Beautification Project Completed

Previous 50 year Tenant just Moved Out

Minutes from Venice Beach

Lease Rate does not include Utilities, Property Expenses or Building Services

POPULATION

1 MILE 3 MILE 5 MILE

6,974 37,487 72,312

AVERAGE HOUSEHOLD INCOME

1 MILE 3 MILE 5 MILE

$93,339 $80,875 $82,261

NUMBER OF HOUSEHOLDS

1 MILE 3 MILE 5 MILE

4,031 19,828 36,441

Burgundy Square Venice FL Property Features | 03

PROPERTY FEATURESGLA (SF) 2,500RENT $17 NN - CAM $4DIVISBLE Can Be Divided 1700 SF and 800 SFZONING TYPE CBDNUMBER OF STORIES Ground FloorNUMBER OF PARKING SPACES PublicNUMBER OF INGRESSES 3NUMBER OF EGRESSES 3

Burgundy Square Venice FL Location Summary | 04

Venice is a city on the east coast of Florida and is inSarasota County.

It’s a city noted for its large snowbird population and votedtop 10 Happiest Seaside Towns by Coastal Living.

A portion of the city was named “Venice Island” by the locals– a portion of the mainlandthat is accessed via bridges over the artificially createdIntracoastal Waterway.

According to the United States Census Bureau, the city hasa total area of 16.6 square miles, of which15.3 square miles is land and 1.4 square miles, or 8.19%, iswater.

Some other noted stats about Venice:

Safest Cities in Florida 2019 – Ranked the 12th Safest Cityin Florida by the National Council for Home Safety andSecurity

2018: Featured in Where to Retire magazine - Venice, FL,was selected as a top retirement destination by Where toRetire, a magazine geared toward helping

Locator Map

Regional Map

Burgundy Square Venice FL Aerial Map | 05

Burgundy Square Venice FL Demographics | 06

POPULATION 1 MILE 3 MILE 5 MILE

2000 Population 6,809 33,036 61,727

2010 Population 6,277 34,152 65,716

2019 Population 6,974 37,487 72,312

2024 Population 7,388 39,339 76,768

2019 African American 31 412 636

2019 American Indian 15 65 119

2019 Asian 82 453 962

2019 Hispanic 272 1,439 2,823

2019 Other Race 46 314 633

2019 White 6,747 35,766 69,018

2019 Multiracial 53 472 922

2019-2024: Population: Growth Rate 5.80 % 4.85 % 6.00 %

2019 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE

less than $15,000 423 1,800 2,981

$15,000-$24,999 429 2,170 3,600

$25,000-$34,999 373 1,996 3,643

$35,000-$49,999 626 3,171 5,453

$50,000-$74,999 607 3,697 7,020

$75,000-$99,999 492 2,499 4,925

$100,000-$149,999 416 2,189 4,591

$150,000-$199,999 254 1,042 2,057

$200,000 or greater 410 1,263 2,172

Median HH Income $55,102 $53,735 $56,852

Average HH Income $93,339 $80,875 $82,261

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2000 Total Housing 5,747 22,467 37,770

2010 Total Households 3,667 18,271 33,580

2019 Total Households 4,031 19,828 36,441

2024 Total Households 4,263 20,780 38,554

2019 Average Household Size 1.71 1.86 1.96

2000 Owner Occupied Housing 2,843 13,778 25,577

2000 Renter Occupied Housing 954 3,261 4,808

2019 Owner Occupied Housing 2,915 15,098 28,920

2019 Renter Occupied Housing 1,116 4,730 7,520

2019 Vacant Housing 2,392 7,505 11,134

2019 Total Housing 6,423 27,333 47,575

2024 Owner Occupied Housing 3,124 16,027 30,902

2024 Renter Occupied Housing 1,139 4,753 7,651

2024 Vacant Housing 2,505 7,758 11,484

2024 Total Housing 6,768 28,538 50,038

2019-2024: Households: Growth Rate 5.65 % 4.70 % 5.65 %

Source: esri

Burgundy Square Venice FL Demographics | 07

2019 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2019 Population Age 30-34 130 962 2,075

2019 Population Age 35-39 122 943 2,126

2019 Population Age 40-44 127 987 2,174

2019 Population Age 45-49 187 1,350 2,903

2019 Population Age 50-54 267 1,739 3,710

2019 Population Age 55-59 520 2,646 5,309

2019 Population Age 60-64 781 3,686 6,994

2019 Population Age 65-69 956 4,604 8,343

2019 Population Age 70-74 980 4,918 8,785

2019 Population Age 75-79 859 4,085 7,213

2019 Population Age 80-84 653 3,145 5,366

2019 Population Age 85+ 771 3,784 6,221

2019 Population Age 18+ 6,665 34,890 66,053

2019 Median Age 69 67 65

2019 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $59,027 $56,042 $58,932

Average Household Income 25-34 $85,479 $75,783 $78,402

Median Household Income 35-44 $76,463 $62,940 $71,763

Average Household Income 35-44 $115,994 $88,544 $94,935

Median Household Income 45-54 $72,061 $65,548 $73,945

Average Household Income 45-54 $120,768 $99,141 $103,157

Median Household Income 55-64 $69,558 $60,939 $64,496

Average Household Income 55-64 $117,306 $93,129 $93,008

Median Household Income 65-74 $60,470 $56,549 $59,924

Average Household Income 65-74 $100,161 $85,981 $87,118

Average Household Income 75+ $73,003 $67,089 $65,790

2024 POPULATION BY AGE 1 MILE 3 MILE 5 MILE

2024 Population Age 30-34 139 986 2,363

2024 Population Age 35-39 129 1,029 2,358

2024 Population Age 40-44 140 1,091 2,462

2024 Population Age 45-49 166 1,204 2,587

2024 Population Age 50-54 228 1,565 3,380

2024 Population Age 55-59 382 2,140 4,541

2024 Population Age 60-64 818 3,854 7,336

2024 Population Age 65-69 1,109 5,122 9,391

2024 Population Age 70-74 1,123 5,374 9,549

2024 Population Age 75-79 1,037 4,952 8,886

2024 Population Age 80-84 765 3,758 6,593

2024 Population Age 85+ 808 3,957 6,650

2024 Population Age 18+ 7,109 36,805 70,418

2024 Median Age 70 68 66

2024 INCOME BY AGE 1 MILE 3 MILE 5 MILE

Median Household Income 25-34 $64,456 $59,777 $63,845

Average Household Income 25-34 $96,576 $85,829 $88,805

Median Household Income 35-44 $87,050 $71,971 $79,802

Average Household Income 35-44 $136,083 $101,463 $109,989

Median Household Income 45-54 $87,114 $76,911 $83,855

Average Household Income 45-54 $140,841 $115,973 $120,720

Median Household Income 55-64 $78,806 $68,870 $74,183

Average Household Income 55-64 $134,643 $108,045 $108,246

Median Household Income 65-74 $70,439 $64,814 $68,891

Average Household Income 65-74 $115,425 $100,434 $101,348

Average Household Income 75+ $84,771 $79,432 $77,855

Burgundy Square Venice FL Demographic Charts | 08

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Household Income

1 Mile Radius 3 Mile Radius 5 Mile Radius

2019 Population by Race

Burgundy Square Venice FL Demographic Charts | 09

2019 Household Occupancy - 1 Mile Radius

Average Income Median Income

2019 Household Income Average and Median

Burgundy Square Venice FL

CONFIDENTIALITY and DISCLAIMERThe information contained in the following offering memorandum is proprietary and strictly confidential. It isintended to be reviewed only by the party receiving it from Merritt Realty Corporation and it should not be madeavailable to any other person or entity without the written consent of Merritt Realty Corporation.

By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat allsuch information in the strictest confidence. The recipient further agrees that recipient will not photocopy orduplicate any part of the offering memorandum. If you have no interest in the subject property, please promptlyreturn this offering memorandum to Merritt Realty Corporation. This offering memorandum has been preparedto provide summary, unverified financial and physical information to prospective purchasers, and to establishonly a preliminary level of interest in the subject property.

The information contained herein is not a substitute for a thorough due diligence investigation. Merritt RealtyCorporation has not made any investigation, and makes no warranty or representation with respect to theincome or expenses for the subject property, the future projected financial performance of the property, the sizeand square footage of the property and improvements, the presence or absence of contaminating substances,PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of theimprovements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans orintentions to continue its occupancy of the subject property.

The information contained in this offering memorandum has been obtained from sources we believe reliable;however, Merritt Realty Corporation has not verified, and will not verify, any of the information contained herein,nor has Merritt Realty Corporation conducted any investigation regarding these matters and makes no warrantyor representation whatsoever regarding the accuracy or completeness of the information provided. All potentialbuyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shallbe responsible for their costs and expenses of investigating the subject property.

For Lease Only

Kevin T. Riordan P.A.Commercial AssociateLic: SL33660231(941) 525-2525kriordan@gomerritt.com

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