RAD Portfolio OM

LAKE MARY PROFESSIONAL BUILDING LAKE MARY, FL

SUBMARKET DESCRIPTION Lake Mary/Heathrow is the northern-most office market in the Orlando Metropolitan Statistical Area (MSA). The submarket is located in north Seminole County and is bordered by Longwood to the south, Volusia County to the north, the Wekiva River to the west and U.S. 17-92 to the east. The average household income within a 1-mile radius of Lake Mary Professional Building is $97,730. Notable tenants in the submarket include Orlando Health, Florida Hospital, Quest, and LabCorp.

DEMOGRAPHICS

1-MILE 3-MILE 5-MILE

2016A

Total Population 4,196 59,284 124,691

Median Age

44.7

38.8 37.9

Average Household Income $97,730 $92,058 $86,119 2021 Projected Growth

Total Population 8.1% 13.4% 10.2%

Median Age

1.0% 2.2% 2.3%

Average Household Income 9.5% 10.2% 10.9%

CVS Pharmacy

Walmart Pharmacy

CVS Pharmacy

Sam’s Club Pharmacy

Publix Pharmacy

Florida Hospital

Walgreens

CVS Pharmacy

Publix Pharmacy

JustRX Pharmacy

CVS Pharmacy

Walgreens

Greenwood Pharmacy

Walgreens

Publix Pharmacy

CVS Pharmacy

28 | Cushman & Wakefield | Property Information