COUNTRY INN & SUITES REAL ESTATE AND BUSINESS VALUE | $8,500,000 915 S FAULKENBURG ROAD, TAMPA,FL - Retail Investment Group, LLC.
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OFFERING MEMORANDUM
REAL ESTATE AND BUSINESS VALUE | $8,500,000
COUNTRY INN & SUITES 915 S FAULKENBURG ROAD, TAMPA,FL
Country Inn & Suites
CONTENTS
Executive Summary
Executive Summary 5
Location Summary 7
Property Images 9
Demographics
Demographics 12
Demographic Charts 13
Exclusively Marketed by:
Mark McLoone Steven Davis Andrew Thomas Knight
Justin Straker Senior Associate Managing Member Florida Broker of Record
Associate 480-429-4580 480-429-4580License # 860-648-1600
480-429-4580 License # BK 3287452 / CQ1046052
License # 673250000 101032000
License #681381000 NECBinc@gmail.com
justin@retail1031.com mark@retail1031.com steven@retail1031.com
We obtained the following information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,
omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent the current or future
performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction.
Country Inn & Suites Confidentiality and Disclaimer | 03
CONFIDENTIALITY AND DISCLAIMER:
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be
reviewed only by the party receiving it from Retail Investment Group and it should not be made available to any other person or
entity without the written consent of Retail Investment Group.
By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information
in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering
memorandum. If you have no interest in the subject property, please promptly return this offering memorandum to Retail
Investment Group. This offering memorandum has been prepared to provide summary, unverified financial and physical
information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. Retail Investment Group has not
made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property,
the future projected financial performance of the property, the size and square footage of the property and improvements, the
presence of absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the
physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plans or
intentions to continue its occupancy of the subject property.
The information contained in this offering memorandum has been obtained from sources we believe reliable; however, Retail
Investment Group has not verified, and will not verify, any of the information contained herein, nor has Retail Investment Group
conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy
or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information
set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY.
PLEASE CONTACT RETAIL INVESTMENT GROUP FOR MORE DETAILS.
Copyright © 2018 CREOP, LLC. All Rights Reserved.
Country Inn & Suites | Executive Summary
................................................
Offering Summary
Location Summary
Executive Summary
COUNTRY INN & SUITES
Country Inn & Suites Executive Summary | 05
OFFERING SUMMARY Real Estate and Business Value
ADDRESS 915 S Faulkenburg Rd Tampa FL Free WiFi and Free Hot Breakfast
33619
COUNTY Tampa Outdoor Pool
LEASE TYPE Real Estate and Business Value Fitness Center and Laundry Facilities
BUILDING SQUARE FOOT ±55,000
± 9.2 Miles To Downtown Tampa
LAND SQUARE FOOT ±69,696
TOTAL ROOMS 82 ± 32.5 Miles To Saint Petersburg
YEAR BUILT 2006
± 11.8 Miles to Busch Gardens Tampa Bay
YEAR RENOVATED 2017 Theme Park
OWNERSHIP TYPE Fee Simple ± 1.8 Miles To WestField Brandon Mall
# OF STORIES 5 ± 16.5 Miles To Tampa International Airport
POOL Yes; Outdoor
4.0/ 5 Stars Rating Trip Advisor
FITNESS Yes
FLAG Country Inn & Suites
Real Estate and Operations are being offered for sale for this Country
Inn& Suites. Country Inn& Suites is 82 rooms and 5 stories ,Amenities
FINANCIAL SUMMARY include Free Wifi, Outdoor Pool, Free Hot Breakfast, Fitness Center,
OFFERING PRICE $8,500,000 Business Center, Laundry Facilities, Read it and Return Lending Library.
PRICE PER KEY $103,659 Hotels Nearby are Spring Hill Suites By Marriott Tampa Brandon,
Fairfield Inn and Suites By Marriot Tampa Brandon, Home 2 Suites By
PRICE PSF $154.55 Hilton Brandon Tampa, Courtyard By Marriot Tampa Brandon, Embassy
Suites BY Hilton Tampa Brandon, Homewood Suites By Hilton Tampa
CAP RATE 10.59% Brandon, Red Roof Inn Tampa-Brandon, La Quinta Inn and Suites
Tampa Brandon West, Motel 6 Tampa Fairgrounds, Hampton Inn
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE Tampa/Brandon.
2017 Population 5,363 83,892 192,171 Nearby Retailers Include Burger King, Wendy's, Hooters, McDonald's,
Sweet Tomatoes Cherry Bar & Grill, Green Island Frozen, Yogurt & Tea
2017 Median HH Income $57,854 $52,200 $52,911 Bar, Bob Evans, Jin China, Grape Leaf Express, Villa Rina, Islamorada Fish
2017 Average HH Income $71,060 $64,822 $66,749 Company ,Chipotle, Red Lobster, Olive Garden, Starbucks.Office Depot,
The Home Depot, Ethan Allen, Caravan, Bass Pro Shops, Target, Ross,
Bed Bath and Beyond, WestField Brandon Mall.
Country Inn is only ± 11.8 Miles From Downtown Tampa and ± 14.0
Miles To Raymond James Stadium where they host the NFL Tampa Bay
Buccaneers Games with the capacity of 65,890 seatings. Amalie Arena ±
9.6 Miles with being 20,500 seating capacity where they host the NHL
Hockey Team Tampa Bay Lightning and host more than 150 events
every year.
Nearby Attractions include Busch Gardens Tampa Bay, Topgolf, The
Florida Aquarium, Tampa Zoo, Ybor City, USF Botanical Garden,
Adventure Island, AMC The Regency 20, Seminole Hard Rock Casino,
Amalie Arena, Raymond James Stadium.
Country Inn & Suites Location Summary | 06 The City of Tampa is the Largest city in Hillsborough County with the population of 2.783 million. It is the county seat and is the third most populous city in Florida. It is located on the west coast of Florida, Approximately 200 miles northwest of Miami, 180 southwest of Jacksonville and 20 miles northeast of St.Petersburg. The Population of the city represents approximately one- third of the total population of Hillsborough County. Tampa's economy is founded on a diverse base that includes tourism, agriculture, construction, finance, health care, government, technology, and the port of Tampa a major business center. Tampa is part of the metropolitan area most commonly referred to as the “Tampa Bay Area”. For U.S. Census purposes, Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area. The four-county area is composed of roughly 2.9 million residents, making it the second largest metropolitan statistical area (MSA) in the state, and the fourth largest in the Southeastern United States, behind Miami, Washington, D. C. and Atlanta. The Greater Tampa Bay area shows an average annual growth of 2.47 percent, or a gain of approximately 97,000 residents per year. Tampa is ranked as a “Gamma+” world city by Loughborough University. Tampa is best known for its tourist attractions, especially Busch Gardens, where families get the thrill of an amusement park, the next attraction will be to enjoy to watch the famous NFL team the Buccaneers at the Raymond James Stadium, as for the NHL Hockey Team Tampa Bay Lighting at the Amalie Arena.
Country Inn & Suites Property Features | 07
Radisson Hotel Group is one of the world’s largest and most dynamic
hotel groups with eight distinctive hotel brands and more than 1,400
hotels around the world. Radisson Hotel Groups portfolio includes
Radisson Collection, Radisson Blu, Radisson, Radisson RED, Park Plaza,
Park Inn, Country Inn & Suites, and Prizotel.
Radisson Hotel Group strive to being the best host and the best
partner for their hotels. They provide meaningful, delightful, and
inspiring experiences for their guests and responsive client support for
their hotel owners.
Radisson Hotel Group are experts in managing relationships and
brands with the best people in the business to drive their
development. With a robust and successful rewards program, meeting
offerings, recognizable brands, and an expert panel of advisors, the
possibilities for growth are endless.
Country Inn & Suites® by Radisson is part of the Radisson
Hotel Group, a privately-owned, leading hotel company with
more than 1,370 hotels in operation and under
development in over 110 countries and territories
worldwide. Country Inn & Suites is headquartered in
Minneapolis, Minnesota and is one of seven brands within
the Radisson Hotel Group portfolio.
A leader in the upper midscale hotel segment, Country Inn
& Suites locations feature residential architecture and
welcoming interiors to give you the feeling of home. Each
location features décor that is warm, welcoming, modern
and friendly.
When guests stay with us, we want them to feel at home. So
we provide amenities to make their stay as productive and
comfortable as possible, like free high-speed Internet, fitness
centers, swimming pools, complimentary cookies, and much
more.
Country Inn & Suites | Demographics
................................................
Demographics
Demographic Charts
Demographic Details
COUNTRY INN & SUITES
Country Inn & Suites Property Images | 09
Country Inn & Suites Property Images | 10
Country Inn & Suites Property Images | 1 1
Country Inn & Suites Demographics | 1 2
POPULATION 1 MILE 3 MILE 5 MILE HOUSEHOLDS 1 MILE 3 MILE 5 MILE
2000 Population 432 50,041 128,944 2000 Total Housing 187 19,209 49,989
2010 Population 3,246 72,203 166,593 2010 Total Households 1,609 27,664 62,488
2017 Population 5,363 83,892 192,171 2017 Total Households 2,639 32,177 71,685
2022 Population 6,437 91,409 208,694 2022 Total Households 3,160 35,078 77,644
2017 African American 1,069 20,493 43,095 2017 Average Household Size 2.03 2.49 2.62
2017 American Indian 24 346 864 2000 Owner Occupied Housing 73 10,559 32,002
2017 Asian 347 3,383 6,948 2000 Renter Occupied Housing 98 7,248 14,536
2017 Hispanic 1,249 25,351 51,571 2017 Owner Occupied Housing 239 13,840 38,530
2017 White 3,328 50,120 121,323 2017 Renter Occupied Housing 2,400 18,337 33,155
2017 Other Race 319 5,717 11,616 2017 Vacant Housing 318 2,313 5,925
2017 Multiracial 266 3,735 8,122 2017 Total Housing 2,957 34,490 77,610
2017-2022: Population: Growth Rate 18.60 % 8.65 % 8.30 % 2022 Owner Occupied Housing 361 15,780 43,455
2022 Renter Occupied Housing 2,799 19,298 34,189
2017 HOUSEHOLD INCOME 1 MILE 3 MILE 5 MILE
2022 Vacant Housing 284 2,217 5,713
less than $15,000 195 3,044 7,018
2022 Total Housing 3,444 37,295 83,357
$15,000-$24,999 236 3,204 7,091
2017-2022: Households: Growth Rate 18.35 % 8.70 % 8.05 %
$25,000-$34,999 186 3,090 7,248
$35,000-$49,999 391 5,719 11,716
$50,000-$74,999 726 7,584 15,958
$75,000-$99,999 433 4,451 9,993
$100,000-$149,999 300 3,381 8,481
$150,000-$199,999 93 1,098 2,639
$200,000 or greater 79 606 1,541
Median HH Income $57,854 $52,200 $52,911
Average HH Income $71,060 $64,822 $66,749
Source: esriCountry Inn & Suites Demographic Charts | 1 3
2017 Household Income
1 Mile Radius 3 Mile Radius 5 Mile Radius
2017 Population by Race
1 Mile Radius 3 Mile Radius 5 Mile RadiusCountry Inn & Suites
Exclusively Marketed by:
Andrew Thomas Knight
Justin Straker Mark McLoone Steven Davis
Senior Associate Managing Member Florida Broker of Record
Associate
480-429-4580 480-429-4580 860-648-1600
480-429-4580
License # 673250000 License # 101032000 License # BK 3287452 / CQ1046052
License # 681381000 mark@retail1031.com steven@retail1031.com NECBinc@gmail.com
justin@retail1031.com
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