5207&5201 TROUBLE CREEK RD5207&5201 TROUBLE CREEK RD, New Port Richey,FL 34652

Eric CedermanCederman Properties3060 Alternate 19, Ste B16,Palm Harbor, FL 34683cedermaneric@gmail.com(727) 688-5859License: BK 659676

Price: $129,500

Building Size: 2,468 SF

Price/SF: $52.47

Property Type: Office

Property Sub-type: Office Building

Additional Sub-types:

Medical Office, Office-R&D, Office Condo

Property Use Type: Investment

Commission Split: 3%

Cap Rate: 10%

Occupancy: 50%

5207&5201 TROUBLECREEK RD$129,500

Investor property, generating passive investment 10%Cap rate. Two Buildings, two Parcels, zoned for StoreOffice, Residence Combination, 130 ft. frontage onTrouble Creek Rd. Building 5207 Trouble Creek Rd.,1532 sqft., lot 7000 sqft. Building 5201 Trouble CreekRd., 936 sqft.,lot 6000 sqft. Both properties are in goodcondition and well maintained. Discretion is requested,please call for additional information's.

For more information visit:http://www.crelisting.net/Vmt4yhs1Q/?StepID=107

5207&5201 TROUBLE CREEK RD, New Port Richey, FL 34652

From US 19, turn east on Trouble Creek Rd. Property is located 0.3 miles from US 19N oncorner Trouble Creek and Kennedy dr.

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Jan 16 vs. 3 mo. prior Y-O-Y

— State $139 +1.4% +3.8%

— Metro $123 +1.4% +2.0%

— County $110 +5.8% +1.1%

Jan 16 vs. 3 mo. prior Y-O-Y

— State $17.22 +0.5% +3.1%

— Metro $16.41 +0.5% +0.9%

— County $11.85 +0.1% -4.5%

Market Trends

Demographics

Population 1-mi. 3-mi. 5-mi.

2015 Male Population 4,136 35,052 66,860

2015 Female Population 4,298 37,873 72,269

% 2015 Male Population 49.04% 48.07% 48.06%

% 2015 Female Population 50.96% 51.93% 51.94%

2015 Total Population: Adult 6,692 60,026 113,880

2015 Total Daytime Population 9,940 73,176 137,956

2015 Total Employees 4,302 25,084 46,918

2015 Total Population: Median Age 42 47 47

2015 Total Population: Adult Median Age 51 54 54

2015 Total population: Under 5 years 470 3,442 6,350

2015 Total population: 5 to 9 years 516 3,657 7,098

2015 Total population: 10 to 14 years 481 3,642 7,444

2015 Total population: 15 to 19 years 472 3,655 7,292

2015 Total population: 20 to 24 years 548 4,129 7,668

2015 Total population: 25 to 29 years 534 4,094 7,160

2015 Total population: 30 to 34 years 542 4,060 7,307

2015 Total population: 35 to 39 years 435 3,631 6,960

2015 Total population: 40 to 44 years 517 4,434 8,585

2015 Total population: 45 to 49 years 567 4,761 9,267

2015 Total population: 50 to 54 years 648 5,507 10,531

2015 Total population: 55 to 59 years 530 5,096 9,946

2015 Total population: 60 to 64 years 447 4,489 8,850

2015 Total population: 65 to 69 years 450 4,775 9,321

2015 Total population: 70 to 74 years 437 4,172 8,064

2015 Total population: 75 to 79 years 344 3,476 6,580

2015 Total population: 80 to 84 years 268 2,743 5,209

2015 Total population: 85 years and over 228 3,162 5,497

% 2015 Total population: Under 5 years 5.57% 4.72% 4.56%

% 2015 Total population: 5 to 9 years 6.12% 5.01% 5.10%

% 2015 Total population: 10 to 14 years 5.70% 4.99% 5.35%

% 2015 Total population: 15 to 19 years 5.60% 5.01% 5.24%

% 2015 Total population: 20 to 24 years 6.50% 5.66% 5.51%

% 2015 Total population: 25 to 29 years 6.33% 5.61% 5.15%

% 2015 Total population: 30 to 34 years 6.43% 5.57% 5.25%

% 2015 Total population: 35 to 39 years 5.16% 4.98% 5.00%

% 2015 Total population: 40 to 44 years 6.13% 6.08% 6.17%

% 2015 Total population: 45 to 49 years 6.72% 6.53% 6.66%

% 2015 Total population: 50 to 54 years 7.68% 7.55% 7.57%

% 2015 Total population: 55 to 59 years 6.28% 6.99% 7.15%

% 2015 Total population: 60 to 64 years 5.30% 6.16% 6.36%

% 2015 Total population: 65 to 69 years 5.34% 6.55% 6.70%

% 2015 Total population: 70 to 74 years 5.18% 5.72% 5.80%

% 2015 Total population: 75 to 79 years 4.08% 4.77% 4.73%

Demographics

Population (Cont.) 1-mi. 3-mi. 5-mi.

% 2015 Total population: 80 to 84 years 3.18% 3.76% 3.74%

% 2015 Total population: 85 years and over 2.70% 4.34% 3.95%

2015 White alone 7,314 65,384 125,063

2015 Black or African American alone 296 2,269 4,285

2015 American Indian and Alaska Native alone 45 281 501

2015 Asian alone 180 1,261 2,665

2015 Native Hawaiian and OPI alone 2 47 68

2015 Some Other Race alone 346 1,819 3,204

2015 Two or More Races alone 251 1,864 3,343

2015 Hispanic 1,250 7,893 13,977

2015 Not Hispanic 7,184 65,032 125,152

% 2015 White alone 86.72% 89.66% 89.89%

% 2015 Black or African American alone 3.51% 3.11% 3.08%

% 2015 American Indian and Alaska Native alone 0.53% 0.39% 0.36%

% 2015 Asian alone 2.13% 1.73% 1.92%

% 2015 Native Hawaiian and OPI alone 0.02% 0.06% 0.05%

% 2015 Some Other Race alone 4.10% 2.49% 2.30%

% 2015 Two or More Races alone 2.98% 2.56% 2.40%

% 2015 Hispanic 14.82% 10.82% 10.05%

% 2015 Not Hispanic 85.18% 89.18% 89.95%

2015 Not Hispanic: White alone 7,284 65,221 115,784

2015 Not Hispanic: Black or African American alone 46 677 1,311

2015 Not Hispanic: American Indian and Alaska Native alone 35 235 371

2015 Not Hispanic: Asian alone 86 655 1,288

2015 Not Hispanic: Native Hawaiian and OPI alone n/a 35 42

2015 Not Hispanic: Some Other Race alone 17 75 113

2015 Not Hispanic: Two or More Races 103 836 1,391

% 2015 Not Hispanic: White alone 90.99% 92.06% 92.30%

% 2015 Not Hispanic: Black or African American alone 0.57% 0.96% 1.05%

% 2015 Not Hispanic: American Indian and Alaska Native alone 0.44% 0.33% 0.30%

% 2015 Not Hispanic: Asian alone 1.07% 0.92% 1.03%

% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.00% 0.05% 0.03%

% 2015 Not Hispanic: Some Other Race alone 0.21% 0.11% 0.09%

% 2015 Not Hispanic: Two or More Races 1.29% 1.18% 1.11%

Population Change 1-mi. 3-mi. 5-mi.

Total: Employees (NAICS) n/a n/a n/a

Total: Establishements (NAICS) n/a n/a n/a

2015 Total Population 8,434 72,925 139,129

2015 Households 3,504 32,060 59,467

Demographics

Population Change (Cont.) 1-mi. 3-mi. 5-mi.

Population Change 2010-2015 108 1,129 3,173

Household Change 2010-2015 -56 -310 -182

% Population Change 2010-2015 1.30% 1.57% 2.33%

% Household Change 2010-2015 -1.57% -0.96% -0.31%

Population Change 2000-2015 429 2,079 13,686

Household Change 2000-2015 -217 -580 2,772

% Population Change 2000 to 2015 5.36% 2.93% 10.91%

% Household Change 2000 to 2015 -5.83% -1.78% 4.89%

Housing 1-mi. 3-mi. 5-mi.

2015 Housing Units 4,388 38,564 65,899

2015 Occupied Housing Units 3,721 32,639 56,695

2015 Owner Occupied Housing Units 2,955 25,492 45,156

2015 Renter Occupied Housing Units 766 7,147 11,539

2015 Vacant Housings Units 667 5,924 9,203

% 2015 Occupied Housing Units 84.80% 84.64% 86.03%

% 2015 Owner occupied housing units 79.41% 78.10% 79.65%

% 2015 Renter occupied housing units 20.59% 21.90% 20.35%

% 2000 Vacant housing units 15.20% 15.36% 13.97%

Income 1-mi. 3-mi. 5-mi.

2015 Household Income: Median $33,084 $34,728 $37,335

2015 Household Income: Average $43,031 $47,254 $51,352

2015 Per Capita Income $17,910 $21,000 $22,159

2015 Household income: Less than $10,000 299 3,080 5,386

2015 Household income: $10,000 to $14,999 294 2,694 4,672

2015 Household income: $15,000 to $19,999 371 2,915 4,988

2015 Household income: $20,000 to $24,999 267 2,427 4,127

2015 Household income: $25,000 to $29,999 326 2,558 4,573

2015 Household income: $30,000 to $34,999 316 2,491 4,288

2015 Household income: $35,000 to $39,999 247 2,132 3,638

2015 Household income: $40,000 to $44,999 262 1,992 3,470

2015 Household income: $45,000 to $49,999 211 1,761 3,257

2015 Household income: $50,000 to $59,999 237 2,581 4,892

2015 Household income: $60,000 to $74,999 269 2,405 4,751

2015 Household income: $75,000 to $99,999 211 2,456 5,356

2015 Household income: $100,000 to $124,999 92 1,004 2,368

2015 Household income: $125,000 to $149,999 14 502 1,328

2015 Household income: $150,000 to $199,999 53 641 1,448

2015 Household income: $200,000 or more 35 421 925

% 2015 Household income: Less than $10,000 8.53% 9.61% 9.06%

% 2015 Household income: $10,000 to $14,999 8.39% 8.40% 7.86%

Demographics

Income (Cont.) 1-mi. 3-mi. 5-mi.

% 2015 Household income: $15,000 to $19,999 10.59% 9.09% 8.39%

% 2015 Household income: $20,000 to $24,999 7.62% 7.57% 6.94%

% 2015 Household income: $25,000 to $29,999 9.30% 7.98% 7.69%

% 2015 Household income: $30,000 to $34,999 9.02% 7.77% 7.21%

% 2015 Household income: $35,000 to $39,999 7.05% 6.65% 6.12%

% 2015 Household income: $40,000 to $44,999 7.48% 6.21% 5.84%

% 2015 Household income: $45,000 to $49,999 6.02% 5.49% 5.48%

% 2015 Household income: $50,000 to $59,999 6.76% 8.05% 8.23%

% 2015 Household income: $60,000 to $74,999 7.68% 7.50% 7.99%

% 2015 Household income: $75,000 to $99,999 6.02% 7.66% 9.01%

% 2015 Household income: $100,000 to $124,999 2.63% 3.13% 3.98%

% 2015 Household income: $125,000 to $149,999 0.40% 1.57% 2.23%

% 2015 Household income: $150,000 to $199,999 1.51% 2.00% 2.43%

% 2015 Household income: $200,000 or more 1.00% 1.31% 1.56%

Retail Sales Volume 1-mi. 3-mi. 5-mi.

2015 Childrens/Infants clothing stores $863,189 $7,881,005 $14,820,664

2015 Jewelry stores $300,050 $2,821,043 $5,359,001

2015 Mens clothing stores $998,316 $9,273,723 $17,556,445

2015 Shoe stores $1,011,055 $9,370,204 $17,721,314

2015 Womens clothing stores $1,750,212 $16,328,406 $30,886,898

2015 Automobile dealers $13,393,941 $125,438,805 $238,463,214

2015 Automotive parts and accessories stores $2,698,985 $25,199,545 $47,687,328

2015 Other motor vehicle dealers $412,658 $3,837,493 $7,199,103

2015 Tire dealers $1,205,207 $11,255,164 $21,297,368

2015 Hardware stores $53,404 $505,633 $971,981

2015 Home centers $548,692 $5,217,982 $10,011,032

2015 Nursery and garden centers $684,467 $6,517,189 $12,436,828

2015 Outdoor power equipment stores $314,878 $2,959,786 $5,632,762

2015 Paint andwallpaper stores $63,847 $598,363 $1,147,020

2015 Appliance, television, and other electronics stores $1,812,807 $17,001,601 $32,341,432

2015 Camera andphotographic supplies stores $131,165 $1,237,204 $2,370,535

2015 Computer andsoftware stores $5,126,350 $47,559,478 $89,560,825

2015 Beer, wine, and liquor stores $865,045 $8,057,730 $15,235,556

2015 Convenience stores $3,832,592 $35,356,127 $66,633,606

2015 Restaurant Expenditures $3,553,726 $33,245,476 $63,054,235

2015 Supermarkets and other grocery (except convenience) stores $14,618,135 $135,271,712 $254,356,228

2015 Furniture stores $1,253,281 $11,761,446 $22,352,234

2015 Home furnishings stores $4,581,047 $42,933,352 $81,343,567

2015 General merchandise stores $23,632,971 $221,387,716 $420,029,847

2015 Gasoline stations with convenience stores $12,247,594 $113,387,911 $213,875,313

2015 Other gasoline stations $8,876,256 $82,250,954 $155,155,870

2015 Department stores (excl leased depts) $23,332,921 $218,566,673 $414,670,846

2015 General merchandise stores $23,632,971 $221,387,716 $420,029,847

2015 Other health and personal care stores $918,935 $8,626,763 $16,365,237

Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2015 Pharmacies and drug stores $3,835,610 $35,849,286 $67,634,503

2015 Pet and pet supplies stores $1,025,202 $9,582,888 $18,124,184

2015 Book, periodical, and music stores $152,203 $1,438,451 $2,736,211

2015 Hobby, toy, and game stores $427,134 $4,013,319 $7,608,269

2015 Musical instrument and supplies stores $40,354 $382,855 $734,188

2015 Sewing, needlework, and piece goods stores $81,339 $772,647 $1,469,589

2015 Sporting goods stores $396,158 $3,716,129 $7,102,325