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LEASING CONTACT CHAD COSTELLO

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LEASING CONTACT CHAD COSTELLO 561 452 1387

[email protected]

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Addison Medical Centre is a planned, Class A medical building on the southwest corner of Jog Rd. and Linton Blvd. The property is surrounded by many of the most reputable country club communities in the Boca/Delray area, with homes ranging from $1 million to $15 million. The property is located one mile from Delray Medical Center and is ideally situated between five major hospital sub-markets.

As a top-tier medical provider, your location needs to be representative of your practice.

Addison Medical Centre will have a high-end design with quality finishes, in an upscale building that you can be proud of and your patients will want to visit.

INTRODUCTION

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MAP DATA © 2019 GOOGLE ICON ART WORK SOURCE: HOSPITAL BY TEUKU SYAHRIZAL, HIGHWAY BY HEA POH LIN, AND FACIAL PL ASTIC SURGERY BY DELWAR HOSSAIN FROM THE NOUN PROJECT

Location/Hospital Map Addison Medical Centre

Untitled layer

Delray Medical Center

Boca Raton Regional Hospital West Boca Medical Center Bethesda Hospital East Bethesda Hospital West

Addison Medical Centre

A1A

LOCATION

CENTRALLY LOCATED TO THE FLORIDA TURNPIKE AND I-95

CENTRALLY LOCATED BETWEEN 5 HOSPITALS IN A 7-MILE RADIUS

IMMEDIATELY PROXIMATE TO DELRAY MEDICAL CENTER

IDEAL FOR HIGH-END MEDICAL SERVICES SUCH AS DERMATOLOGY AND PLASTIC SURGERY

BETHESDA HOSPITAL EAST BETHESDA

HOSPITAL WEST

n n

DELRAY MEDICAL CENTER

WEST BOCA MEDICAL CENTER

BOCA RATON REGIONAL HOSPITAL

Boca Raton

Boca Raton

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MAP DATA © 2019 GOOGLE PHOTO SOURCE © 2019 REDFIN (AND RESPECTIVE LEASING AGENTS / HOMEOWNERS)

RESIDENTIAL

UP TO $3M

ADDISON RESERVE

UP TO $1.5M MIZNER'S PRESERVE

UP TO $1.7M THE POLO CLUB UP TO $2M

AZURA

UP TO $3M ROYAL PALM POLO

UP TO $4M FIELDBROOK ESTATES

UP TO $15M LE LAC UP TO $4.5M

BONIELLO ACRES

UP TO $4M VINTAGE OAKS AT POLO CLUB

UP TO $1.2M GRAND ORCHID ESTATES

UP TO $9M

UP TO $8M WOODFIELD COUNTRY CLUB ST. ANDREWS COUNTRY CLUB

Mizner's Preserve Mizner's Preserve Guard House Guard House

▪ Located within two miles of the following country club communities: Addison Reserve, St. Andrew’s, Woodfield, Broken Sound and The Polo Club of Boca Raton

▪ Home prices in nearby luxurious communities range between $1 million and $15 million

▪ Nearby residents have significant net worth and are

willing to pay a premium for high-quality medical

services

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S I T E P L A N J O G R O A D

LOBBY

2 STORY MEDICAL OFFICE

BUILDING

COVERED DROP OFF LOBBY DUMPSTER

CAR CHARGING STATIONS CAR CHARGING

STATIONS

MONUMENT SIGN

ELEV UNISEX ELEV.

MACHINE ELECT.

ELEV UNISEX

SITE PLAN

▪ Abundance of Parking with 201 spaces (8.4/1000 SF)

▪ Direct Visibility with Monument Sign on Jog Road

▪ Convenient Ingress/Egress with Three Access Points on Jog Road

▪ Covered Drop Off Area

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BUILDING PLAN - 2 ND FLOOR

S E C O N D F L O O R P L A N SUITE

SUITE

202 200

SUITE SUITE

206

LEASED204 LEASED

2,581 / RSF 2,588 / RSF

42'-0" 42'-0"39'-4"

39'-4"

70'-10" 70'-10"

LOBBY

ELEV

OPEN TO BELOW

ELEV

11,824 SQUARE FEET SUITE 100

SUITE 102 SUITE 104 SUITE 106

TOTAL GROSS BUILDING AREA:

SECOND FLOOR GROSS FLOOR AREA SUITE 200

SUITE 202 SUITE 204 SUITE 206

BUILDING AREA CALCULATIONS

W/ COMMON AREA COMMON AREA

SUITE AREA

12,116 SQUARE FEET 23,940 SQUARE FEET GROUND FLOOR GROSS FLOOR AREA

2,750 SQUARE FEET 2,384 SQUARE FEET 2,383 SQUARE FEET 2,736 SQUARE FEET

2,859 SQUARE FEET 2,405 SQUARE FEET 2,401 SQUARE FEET 2,842 SQUARE FEET

3,172 SQUARE FEET 2,749 SQUARE FEET 2,748 SQUARE FEET 3,155 SQUARE FEET

3,297 SQUARE FEET 2,773 SQUARE FEET 2,769 SQUARE FEET 3,277 SQUARE FEET 422 SQUARE FEET

365 SQUARE FEET 365 SQUARE FEET 419 SQUARE FEET

438 SQUARE FEET 368 SQUARE FEET 368 SQUARE FEET 435 SQUARE FEET

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The principals of Azure Development have a passion for developing unique commercial properties and luxury homes. Azure Development strives to identify fine properties that combine all the benefits of an ideal location – close proximity to town, shopping, and restaurants with an exquisitely designed and crafted building. They pride themselves on attention to detail. Azure’s properties are known for exceptional design, flawless finishes, sophisticated fixtures and superior craftsmanship.

Azure commercial projects include the Downtown Delray Medical Centre, The Shoppes at Addison Place, and Pompano Beach Fishing Village. All three are recent examples of the quality and vision that goes into every single property they develop.

REPUTABLE DEVELOPER

POMPANO BEACH FISHING VILLAGE DOWNTOWN DELRAY MEDICAL CENTRE

THE SHOPPES AT ADDISON PLACE

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DEVELOPER BIOS

RICHARD CASTER

Mr. Caster has a thirty-five year history of real estate development in Florida. He started his career in commercial property development, working in every discipline from acquisitions to leasing, finance, construction and management. In the late 1980s, Mr. Caster began managing broken land sale subdivisions and coordinated redevelopment programs using community development districts. He created new subdivisions with uses ranging from retail centers to industrial and office parks to amenitized residential communities. Starting in the year 2000, Mr. Caster began focusing on in-fill development along the eastern coast of South Florida, mostly in downtown areas with existing infrastructure. He assembled multiple properties, obtaining new land use and zoning approvals to support mixed-use development. Mr. Caster has also completed condo conversions and structured complex mixed-use commercial developments. In 2013, Mr. Caster co-founded Azure Development with a focus on building unique luxury single and multi-family homes along the coastal communities of south Palm Beach County. Azure uses a broad palette of architectural styles that embrace the South Florida lifestyle.

Mr. Caster has a BS degree from Northwestern University, a GG degree from the Gemological Institute of America and a MBA degree from the University of Miami.

Mr. Caster lives in east Delray Beach with his wife of 33 years and has three grown children.

BRIAN GROSSBERG

Mr. Grossberg co-founded Azure Development in 2013 with the objective of bringing his passion for quality design and flawless construction to the coastal communities of south Palm Beach County. For over a decade prior to founding Azure Development, Mr. Grossberg managed all operations and financial functions for New Urban Communities, a real estate development firm and homebuilder focused on residential, commercial and mixed-use developments throughout South Florida. Prior to joining New Urban, he was an Investment Professional at GE Equity, the private equity arm of General Electric. During his tenure with GE Equity he served on the Board of Directors of numerous companies and as an Advisory Board member to several venture capital firms. Prior to GE Equity, he worked in the Financial Advisory Services Group of PricewaterhouseCoopers, where he consulted on mergers and acquisitions. Mr. Grossberg also worked in the Real Estate Tax Consulting Practice for Price Waterhouse in Atlanta, GA.

Mr. Grossberg holds an MBA from Duke University, where he graduated second in his class and was a Fuqua Scholar. He also holds a Masters and BS in Accounting from the University of Florida, where he graduated with highest honors. In addition, Mr. Grossberg is a Certified Public Accountant.

Mr. Grossberg resides in Boca Raton with his wife of 19 years and two daughters.

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1 MILE 3 MILE 5 MILE POPULATION

2019 ESTIMATE 11,916 84,849 199,035

2024 PROJECTION 12,731 91,927 212,989

POP GROWTH 2019-2024 6.84% 8.34% 7.01%

AVERAGE AGE 65.8 58.3 53.3

HOUSEHOLDS

2019 ESTIMATE 7,091 45,505 96,111

2024 PROJECTION 7,552 49,146 102,370

GROWTH 2010-2019 11.83% 23.92% 12.05%

GROWTH 2019-2024 6.50% 8.00% 6.51%

OWNER OCCUPIED 6,050 38,689 79,180

RENTER OCCUPIED 1,041 6,816 16,930

INCOME

2019 AVG HOUSEHOLD INCOME $83,330 $86,108 $89,725

DAYTIME POPULATION

TOTAL DAYTIME EMPLOYEES 2,526 28,065 110,894

TOTAL HEALTHCARE EMPLOYEES 879 8,182 18,431

ICON ART WORK SOURCE: POPUL ATION BY SUSANNANOVA, HOUSEHOLD INCOME BY SARAH MAUTSCH, AND BRIEFCASE BY PROSYMBOLS FROM THE NOUN PROJECT

DEMOGRAPHICS

53.3

LARGE CONCENTRATION OF BABY BOOMERS (AVG. AGE OF 53.3 IN A 5-MILE RADIUS)

$100K+

HIGH INCOME AREA (28,085 HOUSEHOLDS IN A 5-MILE RADIUS EARN MORE THAN $100K PER YEAR)

110,894

STRONG NEARBY EMPLOYMENT BASE (DAYTIME POPULATION OF 110,894 IN A 5-MILE RADIUS)

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COMPANY NAME MUNICIPALITY # OF LOCAL EMPLOYEES BUSINESS TYPE

BOCA RATON REGIONAL HOSPITAL (BAPTIST) BOCA RATON 2,800 HOSPITAL

FLORIDA ATLANTIC UNIVERSITY BOCA RATON 2,761 HIGHER EDUCATION

BETHESDA HEALTH (BAPTIST) BOYNTON BEACH 2,200 HOSPITAL

OFFICE DEPOT, INC. (HEADQUARTERS) BOCA RATON 2,034 OFFICE SUPPLIES

NCCI (HEADQUARTERS) BOCA RATON 923 INSURANCE ACTUARY

JOHNSON CONTROLS (HEADQUARTERS) BOCA RATON 898 SECURITY SYSTEMS MANUFACTURING

LYNN UNIVERSITY BOCA RATON 663 HIGHER EDUCATION

ADT SECURITY SERVICES (HEADQUARTERS) BOCA RATON 600 SECURITY SYSTEMS MANUFACTURING

IBM CORP. BOCA RATON 600 ELECTRONICS R&D

TMS HEALTH BOCA RATON 560 HEALTHCARE SUPPORT SERVICES

SBA COMMUNICATIONS CORPORATION BOCA RATON 500 WIRELESS INFRASTRUCTURE

YURCOR (HEADQUARTERS) DELRAY BEACH 500 COMPUTER SYSTEMS SERVICES

US FOODS BOCA RATON 500 FOOD DISTRIBUTION

VERIO BOCA RATON 450 TELECOMMUNICATION CARRIERS

LEXUS NEXUS BOCA RATON 423 COMPUTER PROGRAMMING

MEDICAL STAFFING NETWORK BOCA RATON 400 HEALTHCARE STAFFING SERVICES

BLUE GREEN CORP. (HEADQUARTERS) BOCA RATON 400 LEISURE & RESORT COMMUNITIES

NEWELL BRANDS - APPLIANCES AND COOKWARE BOCA RATON 350 SMALL APPLIANCE MANUFACTURING

NEARBY EMPLOYERS

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LEASING CONTACT CHAD COSTELLO

561 452 1387

[email protected]

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