EL PUEBLITO RUBEN TORRES BLVD, BROWNSVILLE, TX

Transcription

1 FOR LEASE Minimum Space Available +/- 900 SF - Maximum Space Available +/- 4,000 SF (shell space)

2 AERIAL

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4 DEAL TERMS Asking Rent $15.00 /SF - $18.00 /SF NNN $4.25 Delivery Condition Negotiable Tenant Improvement Negotiable Min. Term 3 TRAFFIC COUNT MAP PROJECT HIGHLIGHTS Seeking quality Retail Tenants Ample parking Ideal for retail, restaurant, office, etc. Nice construction and finishes Starbucks on outparcel Holiday Wine and Liquor anchored LOCATION HIGHLIGHTS High Daytime Population/Approx. 6,500 Jobs within a 1Mi radius (Census 2013). Building located on main thouroughfare (Ruben Torres), in the heart of Brownsville on Ruben Torres, in close proximity to Sunrise Mall. In the middle of a high income area. Tenants Include Holiday WIne and Liquor, Boost Mobile, Farmers Insurance, Wikkd Heir, Pangea, Tipsy Canvas and more! DEMOGRAPHICS TX DOT (2015) 2015 Population 10, ,202 Daytime Population 6,504 35,801 Avg. HH Income $68,175 $57,455

5 LEASE SPACE TENANT/FOR- MER TENANT SIZE A RESTAURANT 6,813 SF I J K L M B AVAILABLE 1,600SF C AVAILABLE 1,600 SF D LINDA NAILS 1,600 SF E AVAILABLE SHELL 1,600 SF F 100% NATURAL 1,600 SF H N G AVAILABLE 1,600 SF H BRIDAL 2,000 SF I FURNITURE 6,500 SF G O J AVAILABLE 2,000 SF K AVAILABLE SHELL 4,000 SF F L HOLIDAY WINE & LIQUOR 7,000 SF E D C B M AVAILABLE 7,143 SF N UNIVERSITY EYE CENTER 4,024 SF O FARMERS INSURANCE 910 SF A

6 MEDICAL EMPLOYMENT RETAIL AIRPORTS

7 Distance/Direction Report - Home to Work All Jobs for All Workers in 2014 Created by the U.S. Census Bureau s OnTheMap on 05/01/2017 All Jobs for All Workers in 2014 Distance and Direction from Home Census Block to Work Census Block, Living in Selection Area Counts and Density of Work Locations for All Jobs in Home Selection Area in 2014 All Workers Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles Job Density [Jobs/Sq. Mile] Map Legend Job Count [Jobs/Census Block] Selection Areas Analysis Selection All Jobs for All Workers in 2014 Distance from Home Census Block to Work Census Block, Living in Selection Area 2014 Distance Count Share Total All Jobs Less than 10 miles to 24 miles to 50 miles Greater than 50 miles 8 8.7

8 Distance/Direction Report - Work to Home All Jobs for All Workers in 2014 Created by the U.S. Census Bureau s OnTheMap on 05/01/2017 All Jobs for All Workers in 2014 Distance and Direction from Work Census Block to Home Census Block, Employed in Selection Area Counts and Density of Home Locations for All Jobs in Work Selection Area in 2014 All Workers Less than 10 miles 10 to 24 miles 25 to 50 miles Greater than 50 miles Job Density [Jobs/Sq. Mile] Map Legend Job Count [Jobs/Census Block] 1-3 Selection Areas Analysis Selection All Jobs for All Workers in 2014 Distance from Work Census Block to Home Census Block, Employed in Selection Area 2014 Distance Count Share Total All Jobs Less than 10 miles to 24 miles to 50 miles Greater than 50 miles

9 Executive Summary El Pueblito 2 Brownsville, Texas Rings: 1, 3, 5 mile radii 1 mile 3 miles 5 miles Population 2000 Population 15,455 71, , Population 13,302 66, , Population 13,284 67, , Population 13,405 69, , Annual Rate -1.49% -0.72% 1.30% Annual Rate -0.02% 0.35% 0.87% Annual Rate 0.18% 0.53% 0.90% 2016 Male Population 47.5% 47.0% 47.5% 2016 Female Population 52.5% 53.0% 52.5% 2016 Median Age In the identified area, the current year population is 158,694. In 2010, the Census count in the area was 150,316. The rate of change since 2010 was 0.87% annually. The five-year projection for the population in the area is 165,926 representing a change of 0.90% annually from 2016 to Currently, the population is 47.5% male and 52.5% female. Median Age The median age in this area is 32.0, compared to U.S. median age of Race and Ethnicity 2016 White Alone 87.8% 86.9% 87.6% 2016 Black Alone 0.9% 0.6% 0.6% 2016 American Indian/Alaska Native Alone 0.3% 0.3% 0.3% 2016 Asian Alone 0.4% 0.4% 0.7% 2016 Pacific Islander Alone 0.0% 0.0% 0.0% 2016 Other Race 9.1% 10.2% 9.2% 2016 Two or More Races 1.5% 1.5% 1.5% 2016 Hispanic Origin (Any Race) 95.6% 94.7% 94.1% Persons of Hispanic origin represent 94.1% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 31.9 in the identified area, compared to 63.5 for the U.S. as a whole. Households 2000 Households 4,248 20,146 35, Households 4,073 20,407 43, Total Households 4,072 20,934 45, Total Households 4,116 21,534 47, Annual Rate -0.42% 0.13% 1.80% Annual Rate 0.00% 0.41% 0.90% Annual Rate 0.22% 0.57% 0.91% 2016 Average Household Size The household count in this area has changed from 43,033 in 2010 to 45,498 in the current year, a change of 0.90% annually. The five-year projection of households is 47,606, a change of 0.91% annually from the current year total. Average household size is currently 3.45, compared to 3.46 in the year The number of families in the current year is 36,803 in the specified area.

10 Executive Summary El Pueblito 2 Brownsville, Texas Rings: 1, 3, 5 mile radii 1 mile 3 miles 5 miles Median Household Income 2016 Median Household Income $16,001 $25,874 $30, Median Household Income $15,607 $25,881 $30, Annual Rate -0.50% 0.01% -0.30% Average Household Income 2016 Average Household Income $29,643 $39,712 $45, Average Household Income $30,857 $41,494 $48, Annual Rate 0.81% 0.88% 1.33% Per Capita Income 2016 Per Capita Income $10,638 $12,715 $13, Per Capita Income $11,033 $13,268 $14, Annual Rate 0.73% 0.86% 1.30% Households by Income Current median household income is $30,480 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $30,028 in five years, compared to $59,476 for all U.S. households Current average household income is $45,802 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $48,921 in five years, compared to $84,021 for all U.S. households Current per capita income is $13,513 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $14,412 in five years, compared to $32,025 for all U.S. households Housing 2000 Total Housing Units 4,869 22,110 39, Owner Occupied Housing Units 1,656 10,449 21, Renter Occupied Housing Units 2,592 9,697 14, Vacant Housing Units 621 1,964 3, Total Housing Units 4,618 22,185 46, Owner Occupied Housing Units 1,390 9,554 25, Renter Occupied Housing Units 2,683 10,853 17, Vacant Housing Units 545 1,778 3, Total Housing Units 4,701 23,012 49, Owner Occupied Housing Units 1,247 8,969 24, Renter Occupied Housing Units 2,826 11,965 20, Vacant Housing Units 629 2,078 4, Total Housing Units 4,774 23,752 51, Owner Occupied Housing Units 1,250 9,133 25, Renter Occupied Housing Units 2,867 12,401 21, Vacant Housing Units 658 2,218 4,309 Currently, 50.3% of the 49,513 housing units in the area are owner occupied; 41.6%, renter occupied; and 8.1% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 46,530 housing units in the area % owner occupied, 38.6% renter occupied, and 7.5% vacant. The annual rate of change in housing units since 2010 is 2.80%. Median home value in the area is $80,361, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.63% annually to $87,109.

11 Tapestry Segmentation Area Profile El Pueblito 2 Brownsville, Texas Drive Time: 5 minute radius 2016 Tapestry Indexes by Households 0 2,000 Index 4,000 6,000 8,000 10, Tapestry Indexes by Total Population ,000 Index 4,000 6,000 8,000 14C 14C 14A 14A 13D 13D 13B 13B 12D 12D 12B 12B 11E 11E 11C 11C 11A 11A 10D 10D 10B 10B 9F 9F 9D 9D 9B 9B Tapestry Segments 8G 8E 8C 8A 7E 7C Tapestry Segments 8G 8E 8C 8A 7E 7C 7A 7A 6E 6E 6C 6C 6A 6A 5D 5D 5B 5B 4C 4C 4A 4A 3B 3B 2D 2D 2B 2B 1E 1E 1C 1C 1A 1A

12 Tapestry Segmentation Area Profile El Pueblito 2 Brownsville, Texas Drive Time: 5 minute radius Top Twenty Tapestry Segments 2016 Households 2016 U.S. Households Cumulative Cumulative Rank Tapestry Segment Percent Percent Percent Percent Index 1 Southwestern Families (7F) 84.6% 84.6% 0.8% 0.8% Social Security Set (9F) 15.4% 100.0% 0.8% 1.6% 1,904 Subtotal 100.0% 1.6% Total 100.0% 1.6% 6086 Top Ten Tapestry Segments Site vs. U.S. Social Security Set (9F) Site U.S. Southwestern Families (7F) Percent of Households by Tapestry Segment 70 80

13 Information About Brokerage Services Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS: A BROKER is responsible for all brokerage activities, 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 information about the property or transaction received by the broker; Answer the client s questions and present any offer to or counter-offer from the client; and Treat all parties to a real estate transaction 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 written listing to sell or property management agreement. An owner's agent must perform the broker s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information 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 written representation agreement. A buyer's agent must perform the broker s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: Must treat all parties to the transaction impartially and fairly; May, with the parties' written 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 instructions of each party to the transaction. Must not, unless specifically authorized in writing to do so by the party, disclose: that the owner will accept a price less than the written asking price; that the buyer/tenant will pay a price greater than the price submitted in a written offer; and any confidential information or any other information that a party specifically instructs the broker in writing 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 transaction 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 duties and responsibilities to you, and your obligations under the representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker s services. Please acknowledge receipt of this notice below and retain a copy for your records lupita@screg.net (956) 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/ License No. Phone Associate Sales Agent/Associate's Name License No. Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission Information available at IABS 1-0 TAR 2501, 414 West Harrison Ave. Harlingen, TX Phone: Fax: Lupita Gutierrez-Garza Produced with zipform by ziplogix Fifteen Mile Road, Fraser, Michigan IABS