4507 Spencer Hwy For Lease/Sale

Transcription

1 4507 Spencer Hwy For Lease/Sale Location: 4507 Spencer Highway Pasadena, Texas Freestanding retail building in Pasadena, Texas on busy Spencer Highway. Ample parking and easy access. Area uses include Bayshore Medical Hospital, Pasadena ISD Sports Stadium, Kroger and Walgreens. Great for medical, retail, light industrial or auto service. Newly painted building exterior. 5,400 SF Building 17,888 SF of Land 15 Parking Spaces Lease Rate: $10.00 psf/yr NNN Traffic Counts CPD Spencer Hwy east of Preston 33,000 Spencer Hwy west of Preston 34,000 Preston north of Spencer Hwy 20,000 Preston south of Spencer Hwy 15,000 Demographics 1 Mile 3 Mile 5 Mile Total Population 12, , ,400 Avg. HH Income $71,916 $67,462 $72,345 Todd Moseley Bea Naranjo Telephone: tmoseley@moseleycommercial.com bnaranjo@moseleycommercial.com Center Street, Houston, Texas This property is subject to prior sale, lease or financing, change in price, rental or other conditions, corrections, errors, omissions or removal from the market without notice. All information contained in this presentation, while based upon information supplied by sources deemed to be reliable, is not, in any way, warranted or guaranteed, either expressed or implied, by Moseley Commercial Real Estate, Inc. All information contained herein should be verified to the satisfaction of the person relying thereon. This presentation is to be used solely for information. Under no circumstances whatsoever is it to be deemed a contract, note, memorandum or any other form of binding commitment.

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5 FULL PROFILE Census, 2017 Estimates with 2022 Projections Calculated using Weighted Block Centroid from Block Groups Moseley Commercial Real Estate, Inc. Lat/Lon: / Spencer Hwy Pasadena, TX mi radius 3 mi radius 5 mi radius RF1 POPULATION HOUSEHOLDS AGE MARITAL STATUS & GENDER INCOME 2017 Estimated Population 12, , , Projected Population 13, , , Census Population 12, , , Census Population 10, , ,277 Projected Annual Growth 2017 to % 1.5% 1.5% Historical Annual Growth 2000 to % 0.7% 1.0% 2017 Estimated Households 4,773 47,827 92, Projected Households 5,155 52, , Census Households 4,493 45,030 85, Census Households 4,178 43,017 79,365 Projected Annual Growth 2017 to % 2.0% 1.9% Historical Annual Growth 2000 to % 0.7% 1.0% 2017 Est. Population Under 10 Years 13.6% 16.3% 16.3% 2017 Est. Population 10 to 19 Years 13.1% 15.8% 15.8% 2017 Est. Population 20 to 29 Years 14.2% 14.7% 14.7% 2017 Est. Population 30 to 44 Years 18.8% 20.6% 21.0% 2017 Est. Population 45 to 59 Years 17.8% 17.7% 17.9% 2017 Est. Population 60 to 74 Years 13.9% 10.7% 10.5% 2017 Est. Population 75 Years or Over 8.7% 4.3% 3.9% 2017 Est. Median Age Est. Male Population 48.3% 49.6% 49.7% 2017 Est. Female Population 51.7% 50.4% 50.3% 2017 Est. Never Married 30.3% 33.7% 34.1% 2017 Est. Now Married 38.5% 43.3% 44.1% 2017 Est. Separated or Divorced 23.3% 18.2% 17.3% 2017 Est. Widowed 7.9% 4.7% 4.4% 2017 Est. HH Income $200,000 or More 3.0% 2.1% 2.6% 2017 Est. HH Income $150,000 to $199, % 3.2% 4.1% 2017 Est. HH Income $100,000 to $149, % 12.2% 13.1% 2017 Est. HH Income $75,000 to $99, % 11.9% 12.4% 2017 Est. HH Income $50,000 to $74, % 20.2% 19.1% 2017 Est. HH Income $35,000 to $49, % 14.6% 15.0% 2017 Est. HH Income $25,000 to $34, % 12.8% 12.5% 2017 Est. HH Income $15,000 to $24, % 12.5% 11.7% 2017 Est. HH Income Under $15, % 10.6% 9.6% 2017 Est. Average Household Income $71,916 $67,462 $72, Est. Median Household Income $52,314 $53,181 $56, Est. Per Capita Income $27,464 $22,601 $24,154 This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty Est. Total Businesses 735 4,274 8, Est. Total Employees 7,636 43,796 96, , Sites USA, Chandler, Arizona, page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography

6 FULL PROFILE Census, 2017 Estimates with 2022 Projections Calculated using Weighted Block Centroid from Block Groups Moseley Commercial Real Estate, Inc. Lat/Lon: / Spencer Hwy Pasadena, TX mi radius 3 mi radius 5 mi radius RF1 RACE HISPANIC EDUCATION (Adults 25 or Older) HOUSING HOMES BUILT BY YEAR HOME VALUES 2017 Est. White 76.3% 71.9% 68.5% 2017 Est. Black 4.5% 4.3% 6.5% 2017 Est. Asian or Pacific Islander 2.7% 2.4% 3.0% 2017 Est. American Indian or Alaska Native 0.9% 0.8% 0.8% 2017 Est. Other Races 15.6% 20.6% 21.2% 2017 Est. Hispanic Population 6,767 93, , Est. Hispanic Population 53.7% 65.1% 63.0% 2022 Proj. Hispanic Population 55.3% 66.5% 64.3% 2010 Hispanic Population 50.5% 63.1% 61.7% 2017 Est. Adult Population (25 Years or Over) 8,353 86, , Est. Elementary (Grade Level 0 to 8) 10.0% 13.8% 14.5% 2017 Est. Some High School (Grade Level 9 to 11) 11.0% 13.1% 11.8% 2017 Est. High School Graduate 33.1% 31.4% 30.0% 2017 Est. Some College 22.9% 21.6% 21.2% 2017 Est. Associate Degree Only 7.6% 6.7% 7.2% 2017 Est. Bachelor Degree Only 9.6% 9.1% 10.8% 2017 Est. Graduate Degree 5.7% 4.3% 4.6% 2017 Est. Total Housing Units 4,973 50,566 97, Est. Owner-Occupied 51.1% 50.1% 52.1% 2017 Est. Renter-Occupied 44.8% 44.5% 42.8% 2017 Est. Vacant Housing 4.0% 5.4% 5.1% 2010 Homes Built 2005 or later 0.9% 0.9% 1.0% 2010 Homes Built 2000 to % 12.2% 14.0% 2010 Homes Built 1990 to % 10.0% 10.7% 2010 Homes Built 1980 to % 15.4% 15.1% 2010 Homes Built 1970 to % 24.4% 23.7% 2010 Homes Built 1960 to % 16.7% 15.6% 2010 Homes Built 1950 to % 17.7% 18.6% 2010 Homes Built Before % 4.5% 4.8% 2010 Home Value $1,000,000 or More 0.8% 0.9% 1.0% 2010 Home Value $500,000 to $999, % 3.9% 3.8% 2010 Home Value $400,000 to $499, % 2.2% 2.3% 2010 Home Value $300,000 to $399, % 4.1% 4.3% 2010 Home Value $200,000 to $299, % 11.0% 11.8% 2010 Home Value $150,000 to $199, % 16.9% 16.6% 2010 Home Value $100,000 to $149, % 26.4% 28.0% 2010 Home Value $50,000 to $99, % 27.4% 28.1% 2010 Home Value $25,000 to $49, % 4.1% 3.7% 2010 Home Value Under $25, % 5.1% 4.0% 2010 Median Home Value $137,319 $123,854 $125, Median Rent $730 $743 $744 This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2017, Sites USA, Chandler, Arizona, page 2 of 3 Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography

7 FULL PROFILE Census, 2017 Estimates with 2022 Projections Calculated using Weighted Block Centroid from Block Groups Moseley Commercial Real Estate, Inc. Lat/Lon: / Spencer Hwy Pasadena, TX mi radius 3 mi radius 5 mi radius RF1 LABOR FORCE OCCUPATION TRANSPORTATION TO WORK TRAVEL TIME CONSUMER EXPENDITURE 2017 Est. Labor Population Age 16 Years or Over 9, , , Est. Civilian Employed 55.1% 59.7% 61.4% 2017 Est. Civilian Unemployed 5.4% 5.0% 4.9% 2017 Est. in Armed Forces Est. not in Labor Force 39.5% 35.2% 33.7% 2017 Labor Force Males 47.4% 49.0% 49.2% 2017 Labor Force Females 52.6% 51.0% 50.8% 2010 Occupation: Population Age 16 Years or Over 5,415 63, , Mgmt, Business, & Financial Operations 7.1% 8.1% 8.9% 2010 Professional, Related 15.8% 13.3% 13.8% 2010 Service 21.2% 18.8% 18.3% 2010 Sales, Office 21.0% 23.0% 23.2% 2010 Farming, Fishing, Forestry 0.3% 0.3% 0.3% 2010 Construction, Extraction, Maintenance 14.7% 17.9% 17.3% 2010 Production, Transport, Material Moving 19.9% 18.6% 18.2% 2010 White Collar Workers 43.9% 44.4% 45.8% 2010 Blue Collar Workers 56.1% 55.6% 54.2% 2010 Drive to Work Alone 86.5% 81.2% 82.0% 2010 Drive to Work in Carpool 8.3% 12.8% 12.1% 2010 Travel to Work by Public Transportation 0.3% 0.8% 1.0% 2010 Drive to Work on Motorcycle 0.2% 0.1% 0.1% 2010 Walk or Bicycle to Work 0.9% 1.7% 1.5% 2010 Other Means 1.3% 0.9% 1.1% 2010 Work at Home 2.5% 2.4% 2.1% 2010 Travel to Work in 14 Minutes or Less 21.2% 21.6% 21.7% 2010 Travel to Work in 15 to 29 Minutes 30.8% 32.6% 32.7% 2010 Travel to Work in 30 to 59 Minutes 33.1% 30.3% 31.4% 2010 Travel to Work in 60 Minutes or More 6.0% 7.6% 8.7% 2010 Average Travel Time to Work Est. Total Household Expenditure $266 M $2.55 B $5.18 B 2017 Est. Apparel $9.27 M $89.0 M $181 M 2017 Est. Contributions, Gifts $17.2 M $160 M $333 M 2017 Est. Education, Reading $9.78 M $93.2 M $193 M 2017 Est. Entertainment $14.9 M $142 M $290 M 2017 Est. Food, Beverages, Tobacco $41.4 M $398 M $805 M 2017 Est. Furnishings, Equipment $8.89 M $85.3 M $175 M 2017 Est. Health Care, Insurance $23.6 M $225 M $455 M 2017 Est. Household Operations, Shelter, Utilities $82.5 M $789 M $1.60 B 2017 Est. Miscellaneous Expenses $3.99 M $38.0 M $76.8 M 2017 Est. Personal Care $3.45 M $33.2 M $67.4 M 2017 Est. Transportation $51.0 M $492 M $996 M This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. 2017, Sites USA, Chandler, Arizona, page 3 of 3 Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography

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9 Information About Brokerage Services Texas law requires all real estate license holders to give the following informaɵon about brokerage services to prospecɵve buyers, tenants, sellers and landlords TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage acɵviɵes, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material informaɵon about the property or transacɵon received by the broker; Answer the client s quesɵons and present any offer to or counter-offer from the client; and Treat all parɵes to a real estate transacɵon honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriʃen lisɵng to sell or property management agreement. An owner's agent must perform the broker s minimum duɵes above and must inform the owner of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriʃen representaɵon agreement. A buyer's agent must perform the broker s minimum duɵes above and must inform the buyer of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parɵes the broker must first obtain the wriʃen agreement of each party to the transacɵon. The wriʃen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaɵons as an intermediary. A broker who acts as an intermediary: Must treat all parɵes to the transacɵon imparɵally and fairly; May, with the parɵes' wriʃen consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucɵons of each party to the transacɵon. Must not, unless specifically authorized in wriɵng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriʃen asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submiʃed in a wriʃen offer; and any confidenɵal informaɵon or any other informaɵon that a party specifically instructs the broker in wriɵng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacɵon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s duɵes and responsibiliɵes to you, and your obligaɵons under the representaɵon agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This noɵce is being provided for informaɵon purposes. It does not create an obligaɵon for you to use the broker s services. Please acknowledge receipt of this noɵce below and retain a copy for your records. Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Phone Designated Broker of Firm License No. Phone Licensed Supervisor of Sales Agent/ Associate License No. Phone Sales Agent/Associate s Name License No. Phone Regulated by the Texas Real Estate Commission Buyer/Tenant/Seller/Landlord Initials Date InformaƟon available at IABS 1-0