potentially eligible for bonus or ... - secure net lease · 7-eleven, inc. 4920 moccasin wallow rd,...
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EXCLUSIVE OFFERING | $3,338,000 – 4.75% cap
7-Eleven, INC. – Corporate ABSOLUTE NNN
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
Property. New 3,109+ SF building on 1.32+ acre site.
Tenant. Lessee: 7-Eleven, Inc. Operates in 18 countries and employs over 54,000 people. Founded in 1927 and headquartered in Irving, Texas.
S&P Rated AA-. Largest chain store operator worldwide with some 65,000 stores, 11,600+ are in North America.
Lease structure. New 15-year, corporate absolute NNN with 10% rent increases every 5-years after year 10 in primary term and option periods.
Location. 7-Eleven is located at the northeast corner of Moccasin Wallow Rd. and Gateway Blvd. in Palmetto, FL. Central Blvd. is a north-south thoroughfare that
carries significant traffic and serves as a main entrance to I-75 (61,000 VPD). The immediate trade in recent years has experienced increased development leading
to a 21.3% population increase within a 1-mile radius of the subject property. The subject property is part of phase 1 of the Gateway North 1,065 acre mix-use
development project. When finish, the property will consist of 1,685 single-family houses, 722 multi-family units, 393 townhomes, 445,200 SF of retail, 965,500 SF of
office space, and 397,500 SF of warehouse. Notable national tenants within 3-miles of the subject property include, Walmart, Walgreen’s, CVS, Brookshire's,
AutoZone, O’Reilly, O’Reilly, ACE, Valero, Shell, McDonald’s, Whataburger, Sonic, Burger King, Dickey’s, Wing Stop, Panda Express, Pizza Hut, and many more.
Palmetto is located approximately 14-miles north of Sarasota, FL and 30-miles south of Tampa, FL.
FILE PHOTO
Potentially Eligible For Bonus or accelerated depreciation
214.915.8890
RUSSELL SMITH
BOB MOORHEAD
1,065 acre planned mixed use development
homes: 1,685
Multi-Family: 722
Townhomes: 323
Commercial: 41.51 Acres
Table of contents | Disclaimer 7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
Trivanta (“Agent”) has been engaged as an agent for the sale of the property located at
4920 Moccasin Wallow Rd., Palmetto, FL the owner of the Property (“Seller”). The Property
is being offered for sale in an “as-is, where-is” condition and Seller and Agent make no
representations or warranties as to the accuracy of the information contained in this
Offering Memorandum. The enclosed materials include highly confidential information and
are being furnished solely for the purpose of review by prospective purchasers of the
interest described herein. The enclosed materials are being provided solely to facilitate the
prospective investor’s own due diligence for which it shall be fully and solely responsible.
The material contained herein is based on information and sources deemed to be reliable,
but no representation or warranty, express or implied, is being made by Agent or Seller or
any of their respective representatives, affiliates, officers, employees, shareholders,
partners and directors, as to the accuracy or completeness of the information contained
herein. Summaries contained herein of any legal or other documents are not intended to be
comprehensive statements of the terms of such documents, but rather only outlines of
some of the principal provisions contained therein. Neither the Agent nor the Seller shall
have any liability whatsoever for the accuracy or completeness of the information contained
herein or any other written or oral communication or information transmitted or made
available or any action taken or decision made by the recipient with respect to the Property.
Interested parties are to make their own investigations, projections and conclusions without
reliance upon the material contained herein. Seller reserves the right, at its sole and
absolute discretion, to withdraw the Property from being marketed for sale at any time and
for any reason. Seller and Agent each expressly reserves the right, at their sole and
absolute discretion, to reject any and all expressions of interest or offers regarding the
Property and/or to terminate discussions with any entity at any time, with or without notice.
This offering is made subject to omissions, correction of errors, change of price or other
terms, prior sale or withdrawal from the market without notice. Agent is not authorized to
make any representations or agreements on behalf of Seller. Seller shall have no legal
commitment or obligation to any interested party reviewing the enclosed materials,
performing additional investigation and/or making an offer to purchase the Property unless
and until a binding written agreement for the purchase of the Property has been fully
executed, delivered, and approved by Seller and any conditions to Seller’s obligations
hereunder have been satisfied or waived. By taking possession of and reviewing the
information contained herein, the recipient agrees that (a) the enclosed materials and their
contents are of a highly confidential nature and will be held and treated in the strictest
confidence and shall be returned to Agent or Seller promptly upon request; and (b) the
recipient shall not contact employees or tenants of the Property directly or indirectly
regarding any aspect of the enclosed materials or the Property without the prior written
approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied
or otherwise reproduced without the prior written authorization of Seller and Agent.
PAGE 3: INVESTMENT | TENANT | LEASE OVERVIEW
PAGE 1: COVER
PAGE 2: TABLE OF CONTENTS | DISCLAIMER
PAGE 13-15: LOCATION MAPS
PAGE 7: SITE PLAN
PAGE 9-12: LOCATION OVERVIEW
Disclaimer
PAGE 16: DEMOGRAPHICS
PAGE 5-6: AERIAL PHOTOS
2
PAGE 4: IN THE NEWS
PAGE 8: ELEVATIONS
Florida Broker of Record:
Stephen J. Noyola Commercial Property Ventures, Inc. | License # BK3051175
CONSTRUCTION PROGRESS PHOTO 8.8.18
Investment overview7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
Tenant overview7-Eleven, Inc., a Texas corporation
Lease overview
PRICE | CAP RATE: $3,338,000 | 4.75%
NET OPERATING INCOME: $158,545
BUILDING AREA: 3,109+ Square Feet
LAND AREA: 1.32+ Acres
YEAR BUILT: 2018
LANDLORD RESPONSIBILITY: None
OWNERSHIP: Fee Simple Interest
OCCUPANCY: 100%
3
7-ELEVEN | www.7-eleven.com | S&P Rating: AA-
The brand name 7-Eleven is now part of an international chain of convenience stores, operating under Seven-Eleven Japan Co., Ltd., primarily operating
as a franchise. It is the largest chain store operator with approximately 65,000+ locations operating around the world, surpassing the previous record-holder
McDonald’s Corporation in 2007. Its stores are located in sixteen countries, with its largest markets being Japan, the United States, Canada, the Philippines,
Hong Kong, Taiwan, Malaysia and Thailand. 7-Eleven, Inc. as a former U.S.-originating company, is a subsidiary of Seven-Eleven Japan Co., Ltd, which
in turn is owned by Seven & I Holdings Co. of Japan. The US chain has its headquarters in Irving, Texas.
The company operates, franchises and licenses more than 9,800+ stores in the U.S. and Canada. Of the more than 9,800 stores the company operates and
franchises in the United States, approximately 8,000 are franchised. Outside of the U.S. and Canada, there are more than 55,300 7-Eleven and other convenience
stores in Japan, Taiwan, Thailand, South Korea, China, Malaysia, Mexico, Singapore, Australia, Philippines, Indonesia, Norway, Sweden and Denmark.
7-Eleven also is one of the nation’s largest independent gasoline retailers. Its company’s name was changed from The Southland Corporation to 7-Eleven, Inc.
after approval by shareholders on April 28, 1999.
7-Eleven focuses on meeting the needs of convenience-oriented customers by providing a broad selection of fresh, high-quality products and services at everyday
fair prices, speedy transactions and a clean and friendly shopping environment. Each store’s selection of about 2,500 different products and services is
tailored to meet the needs and preferences of local customers. Stores typically vary in size from 2,400 to 3,000 square feet and are most often located on corners
for great visibility and easy access. 7-Eleven Accolades include: Ranked #1 on Entrepreneur magazine’s 2017 Top Global Franchises List; Ranked #1 spot on
Entrepreneur magazine’s Franchise 500’s Top 10 Most Popular Retail Companies for 2016, and No.2 in Forbes magazine’s Top 20 Franchises to Start. 7-Eleven
is No. 2 on FranchiseRanking.com for Best Convenience Store Franchise Company USA, and among GI jobs magazine’s Top 100 Military Friendly Employers.
Projected Lease Expiration: December 2033
Projected Rent Commencement: December 2018
Lease Term: 15-Years, Plus (4), 5-Year Options to Extend
Rent Increases: 10% Every 5 Years Beginning After Year 10
Lease Type: Corporate Absolute NNN
Annual Rent Yrs 1-10: $158,545
Annual Rent Yrs 11-15: $174,399
Option 1 | Yrs 16-20: $191,839
Option 2 | Yrs 21-25: $211,023
Option 3 | Yrs 26-30: $232,125
ROFO to Purchase: Yes
Option 4 | Yrs 31-35: $255,338
In the news7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
4
"7-Eleven® Tops Entrepreneur's 2017 Franchise 500 - Tuesday, January 10, 2017."Home -7-Eleven Corporate. N.p., n.d. Web. 05 July 2017.
Korri Kezar – Dallas Business Journal (April 6, 2017) – Convenience store giant 7-Eleven is tacking on more than 1,100 stores in a $3.3 billion acquisition, it’s parent company
announced Thursday.
Seven & I Holdings, a Japanese company that owns Irving-based 7-Eleven Inc., said its North Texas subsidiary will purchase 1,108 Sunoco LP (NYSE: SUN) stores in 18 states in a
transaction expected to close in the second half of the year.
Sunoco, which moved its operations to office space at The Shops at Park Lane in Dallas last year, operates roughly 1,350 fuel stations under brand names like Stripes and APlus.
Seven & I has also agreed to continue to buy gasoline from Sunoco for 15 years. Sunoco, which is owned by Dallas’-based Energy Transfer Equity (NYSE: ETE), distributes fuel to
6,800 convenience stores, independent dealers, commercial customers and other distributors in the U.S.
Last year, Sunoco's retail business posted a revenue decrease from $8.26 billion to $7.7 billion. Seven & I attributed the dip to to drops in gasoline prices and increases in selling,
general and administrative expenses due to opening more stores. The Japanese company said it will work on improving profitability at Sunoco's locations.
"By acquiring part of SUN’s ... gasoline retail business, 7-Eleven, Inc. will expand its store network and offer greater convenience, while also improving profitability," Seven & I said in a
prepared statement.
7-Eleven's 2016 revenues were not disclosed. As of 2013, it was North Texas' largest private company, with sales of $27.03 billion.
With the purchase, 7-Eleven will boast 9,815 stores in the U.S. and Canada. Seven & I said in October it’s aiming to grow to 10,000 locations in the two countries by 2019, and 7-
Eleven Inc.'s president and CEO Joe DePinto told the DBJ the company will grow to 20,000 by 2029.
“This acquisition supports our growth strategy in key geographic areas including Florida, mid-Atlantic states, Northeast state, and Central Texas,” DePinto said in an emailed statement
to the Dallas Business Journal. “It also provides 7-Eleven entry into Houston, the fourth largest city in the United States, and a strong presence in Corpus Christi and South Texas.”
7-Eleven has been involved in acquisitions since 2006, when it acquired the White Hen Pantry brand for $35 million. And last year, it acquired 79 convenience stores from San
Antonio-based CST Brands for $408 million.
But DePinto says the company is focusing primarily on organic growth as it expands in North America. This year, it will grow by 300 locations in the U.S. and Canada. Its growth
markets include New York, Florida and California, where it can concentrate stores.
Texas’ growth has also made the state’s Interstate 35 corridor an important expansion area. “One, it’s extremely business friendly, and two, it’s growing so fast,” DePinto added. “The
whole I-35 corridor is incredible.”
On news of the acquisition, shares of Sunoco were trading up more than 22 percent as of 9 a.m. Thursday. As of Wednesday’s closing price of $23.86, the stock is trading down 26
percent over the past 12 months.
7-Eleven® Adding More Than 1,100 Stores in $3.3 Billion Deal
Source: Kezar, Korri. “7-Eleven Adding More than 1,100 Stores in $3.3 Billion Deal.” Bizjournals.com, The Business Journals, 6 Apr. 2017, www.bizjournals.com/dallas/news/2017/04/06/7-
eleven-adding-more-than-1-100-stores-in-3-3.html.
Aerial photo7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
5
Moccasin Wallow Rd.
US
-41
“Tam
iam
iTra
il” (
10,0
00 V
PD
)
Tampa Bay
Terra Cela
Preserve
State Park
Manatee
County Port
Authority
Moccasin Wallow
Golf Club
Buffalo Creek
Golf Course
Imagine Charter School
at North Manatee
(521 students)
Sysco West Coast
Florida, Inc.
(approx. 200 employees
Gateway North1,065 Acres Mixed-Use Development
1,685 Single-Family Houses,
722 Multi-Family Units, 393 Townhomes,
41.51 Acres Commercial PropertyRobinson Gateway
228 Acres Mixed-Use Development
320 Single-Family Houses,
222 Multi-Family Units,
900K SF Retail, 600K SF Office,
1,750-Seat Movie Theater, 350 Hotel Rooms
Aerial photo7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
6
Gateway North 1,065 Acres Mixed-Use Development
1,685 Single-Family Houses
722 Multi-Family Units
393 Townhomes
445,200 SF Retail
965,500 SF Office
397,500 SF Warehouse
Moccasin Wallow Rd.
Imagine Charter School
at North Manatee
(521 students)
Robinson Gateway
228 Acres Mixed-Use Development
320 Single-Family Houses,
222 Multi-Family Units,
900K SF Retail, 600K SF Office,
1,750-Seat Movie Theater, 350 Hotel Rooms
SITE PLAN7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
7
elevations7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
8
LOCATION OVERVIEW7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
9
TAYLOR MORRISON ADDS 66 ACRES TO ARTISAN LAKES PROJECT
James A. Jones Jr., July 19, 2017 (BRADENTON HERALD)- Taylor Morrison
and its subsidiary, Taylor Woodrow, recently added nearly 66 acres to its
Artisan Lakes development north of Moccasin Wallow Road, and west of
Interstate 75.
Taylor Woodrow Communities at Artisan Lakes LLC purchased the property
for $3.675 million on June 30 from Suburban Land Reserve, Inc., a Utah
corporation based in Salt Lake City.All of the property, listed in the Piney
Point neighborhood off Gillette Drive, Gillet Road, or Moccasin Wallow Road,
has historically been used for grazing. Taylor Morrison is permitted by
Manatee County to build 2,800 homes on the 800 acres it already owns in
the area.
The history of Artisan Lakes dates back to 1991 when the Church of Latter
Day Saints submitted plans to Manatee County for Gateway North. Those
plans originally called for 3,426 homes and 1.8 million square feet of
commercial and office space. The church never acted on county approvals,
other than to build a partial access road, according to Herald archives.
In 2005, the Manatee County Commission approved revised plans for Artisan
Lakes, allowing Taylor Woodrow to start building a 2,800-home community.In
2014, Taylor Morrison purchased another 34 acres in the area for $3.22
million on three parcels. The seller in that deal was also Suburban Land
Reserve.
Taylor Woodrow has a plat approval request for 424 single-family lots
pending with Manatee County for its Artisan Lakes Eaves Bend
neighborhood, located between Artisan Lakes Boulevard and I-75. “This is
part of the entitlements they have approved,” John Barnott, director of
Building and Development Services for Manatee County, said in an email,
adding that Taylor Woodrow is platting the lots for construction.
The request is expected to come before the Manatee County Commission for
consideration in the near future. Manatee County staff have until Aug. 2 to
complete their comments on the project.Developers have approvals to build,
or are seeking approvals to build, more than 23,000 homes in the North River
area. Artisan Lakes is one of the first projects out of the gate.
Other significant projects planned include Parrish Lakes with 3,300 homes
south of Moccasin Wallow Road and east of I-75, Pat Neal’s The Villages of
Amazon South, with 1,999 homes; John Neal’s Dakin Family Homestead,
with 1,107 units; and John and Michael Neal’s Summer Woods, with 562
units.
ROBINSON GATEWAY IS PLANNED TO INCLUDE HOMES, STORES, OFFICES,
A HOTEL AND MOVIE THEATER
Dale White, April 2, 2015 (HERAL TRIBUNE)- An Interstate 75 interchange in
Parrish could eventually rival the University Parkway area as a major hub for
shopping, entertainment, new homes and overnight lodging.On Thursday, the
Manatee County Commission unanimously approved Robinson Gateway, the
latest development to continue to transform rural Parrish into an area of
emerging suburbs.
Ed Vogler, attorney for landowners Bill and Peggy Robinson, said the
community will have a “New Urbanism” design with a “walkable” mix of homes,
offices and retail.“I fully expect it to be a magnificent project,” Commissioner
Larry Bustle, whose district includes Parrish, said. he development will replace
a tree farm on 288 acres north of Moccasin Wallow Road and east of I-75,
about 2.5 miles south of the Hillsborough County line.
It will consist of 542 homes (320 single-family attached and 222 multi-family
units), with 54 homes priced in what the county considers an affordable range
for the local work force. It will also include 900,000 square feet of retail,
600,000 square feet of office space, a 1,750-seat movie theatre and a 350-
room hotel.
Combined with the already approved Artisan Lakes Gateway North and Woods
of Moccasin Wallow developments on the west side of the I-75 interchange
and the upcoming Parrish Lakes proposal to the southeast, Robinson Gateway
will make the interchange a major hub and, depending on what retailers are
attracted there, a regional destination.
“I thought it was a good project,” said Commissioner Carol Whitmore, who
described it as “a hub.” Whitmore said she is especially pleased to see the
area get a hotel and movie theatre. “I’m excited about the opportunity for jobs,”
Commissioner Charles Smith said.
County resident Glen Gibellina, the only person to question the project at the
public hearing, expressed concerns about the extent of development already
approved by the commission. He warned that the additional traffic could mean
it eventually will take “hours” for Parrish residents to get to the beaches.
Because of its amount of retail and offices, Robinson Gateway is considered a
“development of regional impact.” The Tampa Bay Regional Planning Council
reviewed and approved it in October. The county Planning Commission
recommended approval last month.
“The public should know this has been multiple years in review,” Vogler said.
The community is expected to build out by 2025.
Source: http://www.heraldtribune.com/news/20150402/manatee-county-oks-major-development-in-parrish Source: https://www.bradenton.com/news/business/article162404953.html
LOCATION OVERVIEW7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
10
IMMEDIATE TRADE AREA
7-Eleven is located at the northeast corner of Moccasin Wallow Rd. and Gateway Blvd. in Palmetto, FL. Central Blvd. is a north-south thoroughfare that carries
significant traffic and serves as a main entrance to I-75 (61,000 VPD). The immediate trade in recent years has experienced increased development leading to a
21.3% population increase within a 1-mile radius of the subject property. The subject property is part of phase 1 of the Gateway North 1,065 acre mix-use
development project. When finish, the property will consist of 1,685 single-family houses, 722 multi-family units, 393 townhomes, 445,200 SF of retail, 965,500 SF
of office space, and 397,500 SF of warehouse. Notable national tenants within 3-miles of the subject property include, Walmart, Walgreen’s, CVS, Brookshire's,
AutoZone, O’Reilly, O’Reilly, ACE, Valero, Shell, McDonald’s, Whataburger, Sonic, Burger King, Dickey’s, Wing Stop, Panda Express, Pizza Hut, and many more.
Palmetto is located approximately 14-miles north of Sarasota, FL and 30-miles south of Tampa, FL.
PALMETTO / MANATEE COUNTY, FL
Palmetto is a city in Manatee County, Florida, and is part of the Bradenton-Sarasota-Venice Metropolitan Statistical Area. Palmetto is a waterfront community located on the
Gulf Coast of Florida, midway between Tampa / St. Petersburg to the north and Sarasota to the south. Palmetto is within 25 miles of Sarasota, St. Petersburg, Tampa and
Bradenton and near the beautiful beaches of Anna Maria Island, LongBoat Key, Siesta Key and St. Pete Beach. The beautiful beaches and pristine coast is a perfect place
for visitors and residents to enjoy numerous outdoor amenities, water sports or just take a pleasant dip in the crystal-clear Gulf of Mexico. . The city offers numerous
attractions including 12 city owned parks, numerous festivals, over 60 acres of green space, basketball and tennis courts, playgrounds, Estuary Park abutting Manatee
River, and more.
Palmetto and its neighboring cities in Manatee County provide some of the best recreational activities and facilities in the state making it an ideal vacation spot. Palmetto and
the region earned a hospitable reputation, noted for its abundant fruit and vegetable production and some of the nation's most familiar consumer brands. A nexus of modern
federal and state highways, railroads, international airports, and seaports puts the City of Palmetto in the very heart of Florida's most desirable place to be Palmetto has
seen dramatic growth and expansion of several condominium developments, many with dramatic water views. Palmetto continues to balance growth and expansion, while
maintaining the "Old Florida" charm that residents and visitors have come to love. Palmetto has seen dramatic growth and expansion, which has greatly benefitted local
business owners.
FILE PHOTO
7-Eleven is named #1 Franchisor by Entrepreneur Magazine.
Location overview7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
11
SARASOTA, FL
Located Sarasota is a city in Sarasota County on the southwestern coast of the U.S. state of Florida. The area is renowned for its cultural and environmental amenities,
beaches, resorts, and the Sarasota School of Architecture. The city is at the southern end of the Tampa Bay Area, north of Fort Myers and Punta Gorda. Its
official limits include Sarasota Bay and several barrier islands between the bay and the Gulf of Mexico. The City of Sarasota had a population of 55,611 as
of July 1, 2017. Sarasota ranks in the upper quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs)
in Florida.
Tourism contributes significantly to the economy of Sarasota. Companies based in Sarasota include the Boar’s Head Provision Company. Major employers include
Sarasota Memorial Hospital, Doctors Hospital of Sarasota, APAC Customer Services, L-3 Aviation Recorders, The Zenith and Capgemini.
Sarasota is home to the New College of Florida, a public liberal arts college. Additional colleges in Sarasota include Keiser University of Sarasota (a private, not for profit
university); FSU/Asolo Conservatory for Actor Training (Florida State University’s MFA Acting Conservatory in conjunction with the Asolo Repertory Theatre); Ringling
College of Art and Design, a school of visual arts and design; and satellite campuses of Eckerd College, based in St. Petersburg, Florida; and Florida State
University College of Medicine, based in Tallahassee, Florida. Other colleges in the city include East West College of Natural Medicine, an accredited college of
acupuncture and Chinese medicine.
The Sarasota area has a wide variety of cultural activities similar to that of a large city. Museums, theaters, symphonies, galleries, ballet, opera and performances are
just some of the major ways in which Sarasota has created a vibrant arts community. Sarasota County is known as Florida’s “Cultural Coast,” and it is more extensive
than many much larger counties. The major airport in the area is Sarasota-Bradenton International Airport which is shared by Sarasota and Manatee counties. Five
airlines offer service out of the airport to locations primarily in the United States and Canada. The airport serves more than 1,300,000 passengers per year. The airport
holds full Port of entry status providing U.S. Customs inspections for international travelers.
SARASOTA, FL
Location overview7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
12
DALLAS
TAMPA, FL
Located on the west coast of Florida, near the Gulf of Mexico, Tampa is one of the state’s most populated cities, and serves as the county seat for Hillsborough County,
and is located approximately 23 miles east of Palm Harbor, FL. The city had a population of 335,709 at the 2010 census; the population has increased to an estimated
377,165 as of 2016. Tampa is approximately 200 miles northwest of Miami, 180 miles southwest of Jacksonville, and 20 miles northeast of St. Petersburg.
Tampa is part of the Tampa-St. Petersburg-Clearwater, Florida Metropolitan Statistical Area (MSA). The metropolitan area is the eighteenth largest area in the nation,
comprising roughly 3 million residents. With a tropical climate, Tampa brings in many tourists, as well as a consistently growing residential population. The Greater
Tampa Bay area has just over 4 million residents which includes the Tampa, St. Petersburg and Sarasota metro areas. The Tampa Bay Partnership and U.S. Census
data showed an average annual growth of 2.47 percent between 2000 and 2006, or a gain of approximately 97,000 residents per year.
Tampa’s economy relies on many sectors including healthcare, financial, retail, shipping by air and sea, national defense, tourism and real estate. Several Fortune 1000
companies are headquartered in Tampa including TECO Energy, WellCare, and Raymond James Financial. The largest employers in the area are Baycare Health
System, Publix Super Market, and HCA West Florida. Tampa’s port handles almost half of all seaborne commerce that goes through the state. It is the seventh largest
port in the nation and Florida’s largest port by tonnage. The port is also the port of call for Holland America’s MS Ryndam, Royal Caribbean, and Carnival, and ranks
second in the state for cruise ship travel.
Tampa has four professional sport teams: Tampa Bay Buccaneers (NFL), Tampa Bay Rays (MLB), Tampa Bay Lightning (NHL), and Tampa Bay Rowdies (AFL). For
decades, Major League Baseball has had spring training facilities and minor league baseball teams in the area.
TAMPA, FL
Location map7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
13
Location map7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
14
Tampa
Sarasota
30-Miles
14-Miles
Location map7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
15
2018 Est. Labor Population Age 16 Years or Over 1,083 11,199 35,515
2018 Est. Civilian Employed 59.0% 49.7% 51.3%
2018 Est. Civilian Unemployed 1.8% 2.2% 1.9%
2018 Est. in Armed Forces - - -
2018 Est. not in Labor Force 39.2% 48.0% 46.8%
2018 Labor Force Males 49.7% 50.0% 48.9%
2018 Labor Force Females 50.3% 50.0% 51.1%
2010 Occupation: Population Age 16 Years or Over 570 5,462 17,893
2010 Mgmt, Business, & Financial Operations 16.0% 11.6% 11.9%
2010 Professional, Related 24.0% 18.8% 19.1%
2010 Service 11.8% 18.0% 17.8%
2010 Sales, Office 31.4% 32.9% 32.1%
2010 Farming, Fishing, Forestry 0.1% 0.1% 0.2%
2010 Construction, Extraction, Maintenance 9.2% 8.2% 9.2%
2010 Production, Transport, Material Moving 7.4% 10.3% 9.8%
2010 White Collar Workers 71.4% 63.4% 63.1%
2010 Blue Collar Workers 28.6% 36.6% 36.9%
2010 Drive to Work Alone 83.9% 84.5% 85.1%
2010 Drive to Work in Carpool 9.0% 8.7% 9.2%
2010 Travel to Work by Public Transportation 1.0% 1.0% 0.8%
2010 Drive to Work on Motorcycle 0.5% 0.6% 0.3%
2010 Walk or Bicycle to Work 0.1% 0.7% 0.9%
2010 Other Means 0.1% 0.1% 0.5%
2010 Work at Home 5.5% 4.5% 3.2%
2010 Travel to Work in 14 Minutes or Less 10.2% 19.9% 19.9%
2010 Travel to Work in 15 to 29 Minutes 36.6% 32.5% 32.2%
2010 Travel to Work in 30 to 59 Minutes 51.2% 38.1% 40.1%
2010 Travel to Work in 60 Minutes or More 11.5% 8.5% 9.0%
2010 Average Travel Time to Work 30.6 26.4 26.6
2018 Est. Total Household Expenditure $34.8 M $322 M $983 M
2018 Est. Apparel $1.23 M $11.2 M $34.0 M
2018 Est. Contributions, Gifts $2.53 M $22.2 M $66.5 M
2018 Est. Education, Reading $1.43 M $12.2 M $36.8 M
2018 Est. Entertainment $1.97 M $18.0 M $55.0 M
2018 Est. Food, Beverages, Tobacco $5.23 M $49.1 M $150 M
2018 Est. Furnishings, Equipment $1.23 M $11.1 M $33.8 M
2018 Est. Health Care, Insurance $2.97 M $28.5 M $87.2 M
2018 Est. Household Operations, Shelter, Utilities $10.7 M $99.6 M $304 M
2018 Est. Miscellaneous Expenses $502 K $4.72 M $14.5 M
2018 Est. Personal Care $450 K $4.17 M $12.7 M
2018 Est. Transportation $6.57 M $61.0 M $188 M
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5015 Moccasin Wallow Rd1 mi radius 3 mi radius 5 mi radius
Palmetto, FL 34221
2018 Estimated Population 1,361 13,393 42,373
2023 Projected Population 1,559 15,349 48,679
2010 Census Population 851 10,940 33,645
2000 Census Population 281 6,138 20,805
Projected Annual Growth 2018 to 2023 2.9% 2.9% 3.0%
Historical Annual Growth 2000 to 2018 21.3% 6.6% 5.8%
2018 Estimated Households 515 5,323 17,622
2023 Projected Households 547 5,700 18,843
2010 Census Households 323 4,380 14,032
2000 Census Households 115 2,623 9,298
Projected Annual Growth 2018 to 2023 1.3% 1.4% 1.4%
Historical Annual Growth 2000 to 2018 19.4% 5.7% 5.0%
2018 Est. Population Under 10 Years 12.5% 10.0% 10.0%
2018 Est. Population 10 to 19 Years 12.2% 10.4% 10.0%
2018 Est. Population 20 to 29 Years 10.5% 10.5% 10.4%
2018 Est. Population 30 to 44 Years 20.2% 17.3% 16.3%
2018 Est. Population 45 to 59 Years 20.2% 17.9% 18.4%
2018 Est. Population 60 to 74 Years 17.2% 21.7% 22.7%
2018 Est. Population 75 Years or Over 7.1% 12.2% 12.1%
2018 Est. Median Age 39.8 45.9 45.8
2018 Est. Male Population 49.9% 50.1% 49.1%
2018 Est. Female Population 50.1% 49.9% 50.9%
2018 Est. Never Married 19.7% 29.0% 25.3%
2018 Est. Now Married 66.4% 49.3% 54.2%
2018 Est. Separated or Divorced 9.0% 14.4% 12.4%
2018 Est. Widowed 4.9% 7.2% 8.1%
2018 Est. HH Income $200,000 or More 9.4% 4.5% 3.5%
2018 Est. HH Income $150,000 to $199,999 8.0% 7.2% 5.6%
2018 Est. HH Income $100,000 to $149,999 17.2% 13.0% 14.3%
2018 Est. HH Income $75,000 to $99,999 16.5% 13.6% 14.5%
2018 Est. HH Income $50,000 to $74,999 22.7% 18.6% 19.0%
2018 Est. HH Income $35,000 to $49,999 11.2% 16.1% 14.1%
2018 Est. HH Income $25,000 to $34,999 4.6% 10.5% 10.8%
2018 Est. HH Income $15,000 to $24,999 3.4% 8.1% 10.0%
2018 Est. HH Income Under $15,000 7.1% 8.3% 8.3%
2018 Est. Average Household Income $93,009 $80,315 $71,706
2018 Est. Median Household Income $77,201 $60,203 $61,019
2018 Est. Per Capita Income $35,196 $32,522 $30,167
2018 Est. Total Businesses 3 148 780
2018 Est. Total Employees 38 2,138 7,352
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5015 Moccasin Wallow Rd1 mi radius 3 mi radius 5 mi radius
Palmetto, FL 34221
Demographics7-Eleven, INC.
4920 Moccasin Wallow rd, palmetto, fl (tampa / sarasota)
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