1PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
“AAA” CREDIT TENANT7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
6 . 0 0 % C A P | C L ASS “A” O F F I C E
NEW 10 YEAR NNN LEASE
81,688 OUTPATIENT SURGERIES
15 HOSPITALS
$4.2 billionOPERATING BUDGET
5,410MEDICAL PERSONNEL
Rating: Aa2Outlook: Stable
CORPORATE GUARANTEE
2PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
F O R M O R E I N F O R M A T I O N , C O N T A C T :
Vanwald & Associates LLC • 6000 Metrowest BLVD, STE 101, Orlando, FL 32835& A S S O C I A T E S
COSTEL VANATORULic. Real Estate [email protected]
DisclaimerThis Offering Memorandum is provided by Vanwald and Associates, solely for your consideration of the opportunity to lease the commercial property described herein. This Offering Memorandum may be used only as stated herein and shall not be used for any other purpose, or in any other manner, without prior written authorization and consent of Vanwald and Associates.
This Offering Memorandum does not constitute or pertain to an offer of a security or an offer of any investment or lease contract. It contains descriptive materials, general information and other data compiled by Vanwald and Associates for the convenience of parties who may be interested in the subject property.
The information contained is not all inclusive and is not represented to include all information that may be material to an evaluation of the lease opportunity presented. Vanwald and Associates has not independently verified any of the information contained herein and makes no representations or warranties of any kind concerning the accuracy or completeness thereof.
An interested party must conduct its own independent investigation and verification of any information the party deems material to consideration of the opportunity, or otherwise appropriate, without reliance upon Vanwald and Associates.
CONTENTSCONTENTS
ExEcutivE Summary
04Summary of the investment offering, including highlights and brief description.
OffEring DEtailS
05Vital property data, along with net operating income, cap rate, purchase price and price per square foot.
KEy mEtricS
06Some of the key metrics of the property are summarized on this page.
PrOPErty DEtailS
07Review the layout, current build out and position in the building.
lOcatiOn
09Aerial views of the property, traffic counts and other major tenants in the vicinity.
OPErating infOrmatiOn
10Review the operating information of the Unit, including the most current rent roll, net operating income and a three year trailing proforma.
tEnant SynOPSiS
11Includes the more in-depth details on the tenant.
DEmOgraPhic Data
13Includes the 1, 3 and 5 mile key demographic data, along with the daily traffic trip estimates.
marKEt PrOfilE
15Market Area details.
cOntact infOrmatiOn
17Contact the listing broker for more information, or to present an offer.
3PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
“AAA” CREDIT RATED TENANT | CORPORATE GUARANTEEOFFERING MEMORANDUM
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
NEW TEN (10+) YEAR LEASE
4PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
ExEcutivE Summary
PrOPErtyBarriStEr WESt, unit 101
aDDrESS 7701 littlE rOaD, unit 101,nEW POrt richEy, fl 34654
cOuntyPaScO
PrOPErty tyPEOfficE
ZOningcOmmErcial/OfficE
rEntaBlE arEa7,523 +/- SquarE fEEt
OccuPancy100%
unitSOnE (1)
tEnancySinglE
Vanwald & Associates is pleased to present the unique opportunity to own Unit 101 of the Barrister West Building, located in a Class “A” building at 7701 Little Road, New Port Richie, Florida.
Unit 101 is a first floor unit in a well kept, Class “A” building on busy Little Road. The property shows great, both inside and out, has a newer roof, newly paved parking lot, new paint, and more.
The unit is 100% leased to BayCare Health System. The build out is a brand new build to suit for BayCare, a credit rated, $4.2 billion dollar company that just signed a brand new 124 month NNN lease, with 2, 5 year renewal options.
The lease is secured by a strong corporate guarantee signed by BayCare.
BayCare is using their suite as their area corporate office for their Home Health Department.
The property is perfect for an absentee owner with the association maintaining the structure and roof of the building, along with all common area components, restrooms, parking, and parking lights, landscaping, porter service, janitorial for the common areas, and more. Tenant maintains the interior of their suite.
BRIEF
The build to suit for their corporate Home Health Offices, is estimated at $450,000.
$450,000 in BuilD Out
The Unit is 100% leased to BayCare Health System under a brand new 124 month lease commencing around March 1, 2020. The lease is corporate guaranteed.
100% lEaSED
The lease is secured by a strong corporate guarantee, signed by BayCare Health System, rated Aa2 by Moody.
aaa crEDit tEnant
The Unit is comprised of one (1) suite benefiting of a Class A build out and is located in a beautiful and very well maintained Class “A” Building.
claSS “a” BuilDing
The lease is a true NNN, with all operating expenses being a pass-through to the Tenant as Additional Rent, with no caps.
Tenant is responsible for maintaining the interior of the suite, including plumbing and HVAC repair and/or future replacement.
full PaSS-thrOugh ExPEnSES
BayCare Health System just signed a brand new one hundred and twenty four (124 ) month lease, with two (2), five (5) year renewal options for Unit 101 at the Barrister West Building.
This a build to suit design to fit the Tenant’s needs at a cost of around $450,000. The completion of the build out is estimated to be February of 2020.
The Lease Is Secured By A Strong Corporate Guarantee signed by BayCare Health System, a $4.2 billion dollar company, Credit Rated Aa2 by Moody.
BranD nEW 10 yEar nnn lEaSE
The suite is a brand new built, designed to suit Baycare’s needs. The build out is consistent with professional office, Class A, and amongst other components, it includes six (6) brand new HVAC units.
nEW BuilD tO Suit
The offering is ideal for an absentee owner since the Tenant is responsible for maintaining the interior of their suite, including any electrical, plumbing or HVAC, and the association is responsible for maintaining the roof and structure of the building, the common areas, building insurance, parking, landscaping and common area restrooms. The NNN lease structure stipulates that all operating expenses are a full pass-through to the tenant, including association dues, real estate taxes, insurance, etc.
PErfEct fOr an aBSEntEE OWnEr
5PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
PrOPErty SnaPShOt
Address7701 Little Road, Unit 101 New Port Richie, Florida
County Pasco
Type Professional Office
Type of Ownership Condominium
Building Class A
Year Built 2007
Use Office/ Home Health
Occupancy 100%
Tenancy Single
Rentable Area 7,532 SF +/-
Core Factor 1.2
Build Out Year 2020
Parking Ratio 4/1000 SF +/-
Floor 1st
Units ONE (1)
Suites ONE (1)
Zoning Commercial/Office
Lease Term One Hundred Twenty Four (124) months +/-
Months Remaining 124 +/- months
Lease Type NNN
Lease Guarantee Corporate
Traffic Counts 43,258 VPD+/- per ESRI
OffEring DEtailS
$78,000nOi
PurchaSE PricE
6.00%
$172.59PricE PEr rEntaBlE SquarE fOOt
$1,300,000
caP ratE
6PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Key MetricsProperty
Square Feet
7701 L i t t l e Road , Ne w Por t R i c h ie , Un i t 101 , F lo r ida 34654
7,532l E a S a b l E
S q u a r E f E E t + / -
Occupancy
100%
OCCUPANCY
LEASED
Units
1O n E c O n D O u n i t
Traffic Counts
43,258v E h i c l E S /D ay +/-
(per ESR I )
Suites
1O n E ( 1 ) f u l l y l E a S E D S u i t E
Use Type
Office/Medicalb ay c a r E h E a lt h S y S t E m , c O r p O r at E O f f i c E
Lease Terms
124m O n t h S +/-
Barrister WestUnit 101 Tenant Credit
Aa2Rated by Moody
7PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Unit Positioning in Building and Tenant Build Out
PROPERTY DETAILS
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
8PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
unit viSualS
First Floor. Approximate Position in the Building & General Build Out of Unit 101 along with the common areas.Plans and delineating lines for illustrative purposes only. Not to scale.
Approximate boundaries of Unit 101
Unit 102: Leased to the Veteran’s Affairs - Not included in the sale.
SuitE 101Address 7701 Little Road, Unit 101, New Port Richie, Florida
Type Office/Medical Condo
Building Class A
Year Built - Out 2019
Use Medical
Tenant BayCare Health System
Rentable Area 7,532 SF +/-
Build Out Cost $450,000 +/-
Months Remaining 124 +/- months
Lease Type NNN
UNIT 101UNIT 101
9PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
LITT
LE R
OA
D
SOCIAL SECURITY ADMINISTRATION
PASCO COUNTY TAX COLLECTOR
PASCO COUNTY CLERK OF COURT PASCO COUNTY
SHERIFF’S OFFICEPASCO COUNTY
INTERNAL SERVICES
SHERIFF’S OFFICEWEST OPS.
CORRECTIONS-PROBATION DEPT.
lOcatiOn
Not included in the sale.
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
10PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
OpErating infO
2020 NET INCOME & RETURN
BASE RENTAL INCOME (net of expenses) $78,000.00
ADDITIONAL RENT (CAM) $30,128.04
Total Income $108,128.04
Expense
Total Expense (full pass-through to Tenant) $30,128.04
Net Operating Income $78,000.00
Purchase Price $1,300,000
CAP RATE 6.00%
11PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
“AAA” RATED CREDIT TENANT | CORPORATE GUARANTEETENANT SYNOPSIS
Rating: Aa2Outlook: Stable
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
12PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
tEnant SynOpSiS
ABOUTBayCare is the largest health care system in the Tampa Bay area and West Central Florida. We have more than 600 locations ranging from screening stations inside Publix supermarkets to Urgent Care walk-in centers to full-scale hospitals with hundreds of beds. Whatever your need is, from diagnosis to treatment, from immediate to long-term care, we have a location or facility nearby to serve you.
Mission StatementBayCare Health System will improve the health of all we serve through community-owned services that set the standard for high-quality, compassionate care.
ValuesThe values of BayCare are trust, respect, responsibility, excellence and dignity and reflect our responsibility to achieve health care excellence for our communities.
LEASE METRICS101 BayCare Health System
SUITE 1O1
TENANT BayCare Health System
AREA 7,532 Rentable Square Feet
LEASE TERM 124 months
LEASE FROM 03/2020
LEASE TO 07/2030
GUARANTOR BayCare Health System
LEASE TYPE NNN
PROPERTY TAXES FULL PASS-THROUGH
ELECTRICITY FULL PASS-THROUGH
OPERATING EXPENSES FULL PASS-THROUGH
IN-SUITE MAINTENANCE TENANT’S RESPONSIBILITY
HVAC MAINTENANCE TENANT’S RESPONSIBILITY
BUILDING ASSOCIATION’S RESPONSIBILITY • HVAC (common area)• ROOF & EXTERIOR STRUCTURE• COMMON AREA MAINTENANCE• JANITORIAL (COMMON AREAS)• PARKING• LANDSCAPING• RESTROOMS (common area)
NEW 10 YEAR NNN LEASE
81,688 OUTPATIENT SURGERIES
15 HOSPITALS
$4.2 billionOPERATING INCOME
5,410MEDICAL PERSONNEL
Rating: Aa2Outlook: Stable
ANNUAL REPORTClick here for a link to BayCare Health System’s Annual Report to the Community.
BayCare’s Report to the Community provides a general idea of what we are working on as a health system, along with stories of our impact on patients, team members and our community.
You’ll see that as big as we are, with 15 hospitals and $4.2 billion in operating revenue, we’re still a local, community-owned organization. That means the dollars we spend stay here. We do not have out-of-town shareholders to impress, just you and your family and friends — the members of our community.
(Information obtained from www.baycare.org)
BayCare Behavioral HealthBayCare HomeCareBayCare LaboratoriesBayCare Medical GroupBayCare Outpatient GroupBayCare Surgery CentersBayCare Urgent Care
Bartow Regional Medical CenterFounded 1925 | 72 Beds
BayCare Alliant HospitalFounded 2008 | 48 Beds
Mease Countryside HospitalFounded 1916 | 613 beds
Mease Dunedin HospitalFounded 1937 | 120 beds
Morton Plant Hospital Founded 1916 | 613 beds
Morton Plant North Bay HospitalFounded 1965 | 150 beds
St. Anthony’s HospitalFounded 1934 | 465 beds
St. Joseph’s Hospital Founded 1934 | 465 beds
St. Joseph’s Children’s HospitalFounded 1990 | 207 beds
St. Joseph’s Women’s HospitalFounded 1976 | 108 beds
St. Joseph’s Hospital-NorthFounded 2010 | 108 beds
St. Joseph’s Hospital-SouthFounded 2015 | 114 beds
South Florida Baptist HospitalFounded 1953 | 147 beds
Winter Haven HospitalFounded 1926 | 458 beds
Winter Haven Women’s HospitalFounded 1987 | 61 beds
BayCare Health System Network
CORPORATE GUARANTEED
13PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
1-3-5 Snapshot & DAILY TRAFFIC TRIPSDEMOGRAPHIC DATA
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
14PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Source: This infographic contains data provided by Esri, Esri and Infogroup. The vintage of the data is 2018.
KEY FACTS
62,103Population
47.1
Median Age
2.3
AverageHousehold Size
$38,691Median Household
Income
EDUCATION
13%
No HighSchool
Diploma 36%High School
Graduate
35%Some College 16%
Bachelor's/Grad/ProfDegree
BUSINESS
1,883Total Businesses
19,261Total Employees
EMPLOYMENT
58%White Collar
21%Blue Collar
21%Services
6.0%
UnemploymentRate
INCOME
$38,691
Median HouseholdIncome
$22,665
Per Capita Income
$59,160
Median Net Worth
Households By IncomeThe largest group: $35,000 - $49,999 (18.0%)
The smallest group: $150,000 - $199,999 (1.7%)Indicator Value Difference
<$15,000
$15,000 - $24,999
$25,000 - $34,999
$35,000 - $49,999
$50,000 - $74,999
$75,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000+
15.5%
15.1%
13.6%
18.0%
18.0%
9.8%
6.7%
1.7%
1.7%
+4.3%
+3.1%
+2.2%
+2.4%
-0.9%
-2.4%
-5.1%
-2.1%
-1.5%
Bars show deviation from
Pasco County
Source: This infographic contains data provided by Esri, Esri and Infogroup. The vintage of the data is 2018.
KEY FACTS
4,506Population
48.2
Median Age
2.3
AverageHousehold Size
$42,708Median Household
Income
EDUCATION
9%
No HighSchool
Diploma 33%High School
Graduate
41%Some College 16%
Bachelor's/Grad/ProfDegree
BUSINESS
242Total Businesses
3,175Total Employees
EMPLOYMENT
63%White Collar
20%Blue Collar
16%Services
7.8%
UnemploymentRate
INCOME
$42,708
Median HouseholdIncome
$25,750
Per Capita Income
$84,226
Median Net Worth
Households By IncomeThe largest group: $35,000 - $49,999 (20.7%)
The smallest group: $150,000 - $199,999 (2.1%)Indicator Value Difference
<$15,000
$15,000 - $24,999
$25,000 - $34,999
$35,000 - $49,999
$50,000 - $74,999
$75,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000+
11.8%
8.5%
17.1%
20.7%
19.5%
9.9%
7.5%
2.1%
2.8%
+0.6%
-3.5%
+5.7%
+5.1%
+0.6%
-2.3%
-4.3%
-1.7%
-0.4%
Bars show deviation from
Pasco County
Source: This infographic contains data provided by Esri, Esri and Infogroup. The vintage of the data is 2018.
KEY FACTS
142,655Population
48.2
Median Age
2.3
AverageHousehold Size
$39,081Median Household
Income
EDUCATION
13%
No HighSchool
Diploma 36%High School
Graduate
34%Some College 17%
Bachelor's/Grad/ProfDegree
BUSINESS
4,387Total Businesses
43,300Total Employees
EMPLOYMENT
63%White Collar
19%Blue Collar
19%Services
5.6%
UnemploymentRate
INCOME
$39,081
Median HouseholdIncome
$23,917
Per Capita Income
$70,545
Median Net Worth
Households By IncomeThe largest group: $50,000 - $74,999 (17.8%)
The smallest group: $200,000+ (1.9%)Indicator Value Difference
<$15,000
$15,000 - $24,999
$25,000 - $34,999
$35,000 - $49,999
$50,000 - $74,999
$75,000 - $99,999
$100,000 - $149,999
$150,000 - $199,999
$200,000+
14.8%
15.3%
13.8%
17.4%
17.8%
9.7%
7.1%
2.2%
1.9%
+3.6%
+3.3%
+2.4%
+1.8%
-1.1%
-2.5%
-4.7%
-1.6%
-1.3%
Bars show deviation from
Pasco County
1 mile
3mile
5 mile
DEmOgraphicS
15PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
Traffic Count Map - Close Up7701 Little Rd, New Port Richey, Florida, 34654 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 28.26895
Longitude: -82.67454
Source: ©2018 Kalibrate Technologies (Q3 2018).
December 14, 2018
©2018 Esri Page 1 of 1
markEt prOfilE
CITIZENS DR.
43,258 VPD
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654
16PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
markEt prOfilE
Executive Summary7701 Little Rd, New Port Richey, Florida, 34654 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 28.26895
Longitude: -82.67454
1 mile 3 miles 5 milesMedian Household Income
2018 Median Household Income $42,708 $38,691 $39,0812023 Median Household Income $48,109 $43,911 $44,9142018-2023 Annual Rate 2.41% 2.56% 2.82%
Average Household Income
2018 Average Household Income $61,186 $52,971 $54,6612023 Average Household Income $71,119 $62,528 $64,9562018-2023 Annual Rate 3.05% 3.37% 3.51%
Per Capita Income2018 Per Capita Income $25,750 $22,665 $23,9172023 Per Capita Income $29,720 $26,505 $28,1542018-2023 Annual Rate 2.91% 3.18% 3.32%
Households by IncomeCurrent median household income is $39,081 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $44,914 in five years, compared to $65,727 for all U.S. households
Current average household income is $54,661 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $64,956 in five years, compared to $96,109 for all U.S. households
Current per capita income is $23,917 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $28,154 in five years, compared to $36,530 for all U.S. households Housing
2000 Total Housing Units 2,207 28,277 65,6962000 Owner Occupied Housing Units 1,257 19,592 45,1852000 Renter Occupied Housing Units 550 5,838 11,8372000 Vacant Housing Units 400 2,847 8,674
2010 Total Housing Units 2,316 30,055 72,1412010 Owner Occupied Housing Units 1,357 17,868 42,3512010 Renter Occupied Housing Units 537 7,625 17,1222010 Vacant Housing Units 422 4,562 12,668
2018 Total Housing Units 2,406 31,097 74,6902018 Owner Occupied Housing Units 1,242 16,430 39,1492018 Renter Occupied Housing Units 716 9,880 22,4272018 Vacant Housing Units 448 4,787 13,114
2023 Total Housing Units 2,511 32,391 77,9892023 Owner Occupied Housing Units 1,338 17,640 42,1312023 Renter Occupied Housing Units 707 9,805 22,2912023 Vacant Housing Units 466 4,946 13,567
Currently, 52.4% of the 74,690 housing units in the area are owner occupied; 30.0%, renter occupied; and 17.6% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 72,141 housing units in the area - 58.7% owner occupied, 23.7% renter occupied, and 17.6% vacant. The annual rate of change in housing units since 2010 is 1.56%. Median home value in the area is $128,815, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 3.94% annually to $156,308.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
December 14, 2018
©2018 Esri Page 2 of 2
Executive Summary7701 Little Rd, New Port Richey, Florida, 34654 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 28.26895
Longitude: -82.67454
1 mile 3 miles 5 milesPopulation
2000 Population 4,121 57,532 126,4432010 Population 4,296 59,150 135,4132018 Population 4,506 62,103 142,6552023 Population 4,734 65,226 150,2772000-2010 Annual Rate 0.42% 0.28% 0.69%2010-2018 Annual Rate 0.58% 0.59% 0.63%2018-2023 Annual Rate 0.99% 0.99% 1.05%2018 Male Population 48.1% 48.1% 48.0%2018 Female Population 51.9% 51.9% 52.0%2018 Median Age 48.2 47.1 48.2
In the identified area, the current year population is 142,655. In 2010, the Census count in the area was 135,413. The rate of change since 2010 was 0.63% annually. The five-year projection for the population in the area is 150,277 representing a change of 1.05% annually from 2018 to 2023. Currently, the population is 48.0% male and 52.0% female.
Median Age
The median age in this area is 48.2, compared to U.S. median age of 38.3.Race and Ethnicity
2018 White Alone 89.7% 88.1% 89.1%2018 Black Alone 3.4% 3.5% 3.0%2018 American Indian/Alaska Native Alone 0.4% 0.4% 0.4%2018 Asian Alone 1.6% 1.6% 1.7%2018 Pacific Islander Alone 0.1% 0.0% 0.1%2018 Other Race 2.1% 3.3% 2.8%2018 Two or More Races 2.6% 3.0% 2.9%2018 Hispanic Origin (Any Race) 13.0% 13.8% 12.2%
Persons of Hispanic origin represent 12.2% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 37.6 in the identified area, compared to 64.3 for the U.S. as a whole.
Households2000 Households 1,807 25,431 57,0222010 Households 1,894 25,493 59,4732018 Total Households 1,958 26,310 61,5762023 Total Households 2,045 27,445 64,4222000-2010 Annual Rate 0.47% 0.02% 0.42%2010-2018 Annual Rate 0.40% 0.38% 0.42%2018-2023 Annual Rate 0.87% 0.85% 0.91%2018 Average Household Size 2.30 2.34 2.30
The household count in this area has changed from 59,473 in 2010 to 61,576 in the current year, a change of 0.42% annually. The five-year projection of households is 64,422, a change of 0.91% annually from the current year total. Average household size is currently 2.30, compared to 2.26 in the year 2010. The number of families in the current year is 36,555 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2018 and 2023. Esri converted Census 2000 data into 2010 geography.
December 14, 2018
©2018 Esri Page 1 of 2
17PAGE |COSTEL VANATORU, Lic. Real Estate BrokerVanwald&Associates LLC • 407-403-5775 • [email protected]
F O R M O R E I N F O R M A T I O N , C O N T A C T :
VANWALD & ASSOCIATES LLC 6000 Metrowest BLVD, STE 101, Orlando, FL 32835
& A S S O C I A T E S
COSTEL VANATORULic. Real Estate BrokerTel: 407-403-5775Email: [email protected]: www.vanwald.com
cOntact infO
7701 LITTLE ROAD, UNIT 101, NEW PORT RICHEY, FL 34654