Valrico Centre

OFFERING INTRODUCTION

Matthews Real Estate Investment Services™, as exclusive broker, is pleased to offer the opportunity to acquire Valrico Centre - a 53,644± SF neighborhood center anchored by Sprouts Farmers Market and PetSmart – strategically-located in Valrico, FL within the rapidly growing Tampa MSA.

INVESTMENT HIGHLIGHTS

Grocery-anchored by necessity-based shopping draw, Sprouts Farmers Market
Which continues its rapid expansion in Florida and throughout the greater Southeast

Phenomenal location in booming Valrico, FL
A rapidly growing southwest Florida community, located just 15 miles east of Downtown Tampa

100% national credit tenant roster
Bolstered by a proven anchor base - Sprouts and PetSmart - along with an extremely strong, multi-unit Orangetheory franchisee

Dense, affluent demographic profile
Includes 172,447 people within five (5) miles of the Property, a 1.20% projected annual growth rate through 2029 and an Avg. HH Income of $114,193 within (1) mile

Three-tenant, national credit asset with NNN leases
Provides a ‘hands-off’ ownership scenario – ideal for passive investors

Situated in the heart of a major retail corridor
Adjacent to BayCare HealthHub Bloomingdale, with proximity to Walmart, Chick-Fil-A, Starbucks, Wendy’s, AutoZone, Crunch Fitness and Dunkin

MARKET OVERVIEW

Valrico is conveniently situated in southeast Tampa – the 9th fastest-growing city in the U.S.,

with a tremendous job market, humming economic engine and low cost of living.

TAMPA BAY, FLORIDA

Valrico is situated adjacent to the picturesque Gulf of America, just east of Downtown Tampa, within the rapidly-growing Tampa-St.Petersburg-Clearwater, FL MSA. Positioned roughly 15 miles from the Downtown area, Valrico serves as a bourgeoning bedroom community for Tampa. The 2nd largest MSA in the state of Florida and the third largest in the Southeast, Tampa boasts phenomenal growth, a thriving economy, one of the nation’s best beaches (Clearwater) and the second-best airport in the nation, as rated by Travel + Leisure Magazine. Tampa’s economic engine added 34,600 new jobs in the private sector in the last year – the second-highest number of jobs of any Florida MSA. The city’s employment rate has plummeted to less than 3.8%, down from 10.7% in 2010.

LOCATION ATTRIBUTES

Top 10 Fastest-Growing City in America

Situated 15 miles east of Downtown Tampa, Valrico is one of the most rapidly-growing sub-markets within Tampa – one of the country’s most explosive MSAs. With a robust job market and a cost of living 8% below the national average, Tampa has been ranked one of the “Best Places to Live in the U.S.” and the #2 “Best City to Invest in Real Estate.” Valrico Centre is strategically-positioned in Valrico, at the signalized intersection of Bloomingdale Ave and Lithia Pinecrest Rd, adjacent to BayCare HealthHub, in the heart of Valrico’s highly-trafficked retail corridor.

Port Tampa Bay

Located in Downtown Tampa, near the Channel District, Port Tampa Bay is the largest port in Florida, situated just 25 sea miles from the Gulf of America. The closest full-service port to the Panama Canal, Port Tampa Bay serves ships, tankers and cruise lines, ranking 24th in the United States in overall cargo tonnage. It serves as a major fertilizer exporter, an energy products gateway for Central Florida, and an expanding container gateway for distribution centers and manufacturers. A popular cruise port with 3 dedicated terminals, Port Tampa Bay is a year-round homeport for several cruise ships and a growing winter homeport for cruise lines like Carnival, Celebrity, Norwegian and Royal Caribbean. Supporting over 85,000 jobs, the port creates an annual economic impact of over $17 billion.

University of South Florida

Tampa is home to the University of South Florida – a public research university, offering over 240 undergraduate, graduate, specialist and doctoral-level degree programs to almost 46,000 students. Founded in 1956, USF is the fourth largest university in Florida and the 14th largest public employer in the state, with an annual economic impact exceeding $6 billion.

PROPERTY HIGHLIGHTS

Invaluable Grocery Anchor

One of the fastest-expanding grocers in the Southeast, Sprouts provides an invaluable necessity-based shopping draw for the Property. As the grocery sector has continued to show itself to be indispensable within the retail world - despite economic downturns, the rise of e-commerce and most recently, a global pandemic – Sprouts’ aggressive expansion plan continues to pay dividends for the company, while providing a strong anchor draw for the centers of which it is a part.

Tremendous Investment Fundamentals

Valrico Centre provide an opportunity for investors to acquire a stable, three-tenant retail asset with strong investment fundamentals, highlighted by a rapidly-expanding grocer in Sprouts.