FOR LEASE
DEAL TERMS Asking Rent $18.00 /SF Annual NNN Est. $3.50 Tenant Allowance $15.00 PSF Min. Term 5 Years PROPERTY LOCATION SOUTH LAREDO AREA ON ZAPATA HWY LAREDO IS THE COUNTY SEAT OF WEBB COUNTY LOCATED ON THE NORTH BANK OF THE RIO GRANDE RIVER & ACROSS FROM NUEVO LAREDO, TAMP.. MEXICO. CITY POPULATION IS ESTIMATED TO BE NEAR 250,000 EST. BORDER POPULATION WITH NUEVO LAREDO, MEXICO IS EST. TO BE NEAR 1 MILLION (US BORDER PATROL) SHOPPING CENTER +/- 27,000 SQUARE FT. SHOPPING CENTER AVAILARLE UNITS INCLUDE: 1,907 SQUARE FEET (RAW SHELL) 2,847 SQUARE FEET (FORMER RADIO SHACK) 1,470 SQUARE FEET (FORMER SUBWAY)
Interior Photos FORMER RADIOSHACK 2,847 SF FORMER SUBWAY SHELL SPACE +/- 1,907 SF
SITE PLAN
Distance/Direction Report - Home to Work All Jobs for All Workers in 2014 Created by the U.S. Census Bureau s OnTheMap http://onthemap.ces.census.gov on 06/14/2017 All Jobs for All Workers in 2014 Distance and Direction from Home Census Block to Work Census Block, Living in Selection Area 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] 5-8 9-19 20-38 39-63 64-97 Map Legend 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 489 100.0 Less than 10 miles 434 88.8 10 to 24 miles 31 6.3 25 to 50 miles 15 3.1 Greater than 50 miles 9 1.8
Distance/Direction Report - Work to Home All Jobs for All Workers in 2014 Created by the U.S. Census Bureau s OnTheMap http://onthemap.ces.census.gov on 06/14/2017 All Jobs for All Workers in 2014 Distance and Direction from Work Census Block to Home Census Block, Employed in Selection Area 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] 5-6 7-11 12-19 20-30 31-45 Map Legend 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 612 100.0 Less than 10 miles 465 76.0 10 to 24 miles 18 2.9 25 to 50 miles 2 0.3 Greater than 50 miles 127 20.8
Executive Summary Sam Houston Plaza 408 S Sam Houston Blvd, San Benito, Texas, 78586 Rings: 1, 3, 5 mile radii Population 1 mile 3 miles 5 miles 2000 Population 14,346 26,013 46,835 2010 Population 14,019 26,960 53,611 2016 Population 14,117 28,419 57,456 2021 Population 14,356 29,586 60,364 2000-2010 Annual Rate -0.23% 0.36% 1.36% 2010-2016 Annual Rate 0.11% 0.85% 1.11% 2016-2021 Annual Rate 0.34% 0.81% 0.99% 2016 Male Population 48.7% 48.8% 48.5% 2016 Female Population 51.3% 51.2% 51.5% 2016 Median Age 31.2 31.5 31.2 In the identified area, the current year population is 57,456. In 2010, the Census count in the area was 53,611. The rate of change since 2010 was 1.11% annually. The five-year projection for the population in the area is 60,364 representing a change of 0.99% annually from 2016 to 2021. Currently, the population is 48.5% male and 51.5% female. Median Age The median age in this area is 31.2, compared to U.S. median age of 38.0. Race and Ethnicity 2016 White Alone 85.3% 85.3% 85.4% 2016 Black Alone 0.6% 0.6% 1.0% 2016 American Indian/Alaska Native Alone 0.2% 0.4% 0.5% 2016 Asian Alone 0.2% 0.4% 1.2% 2016 Pacific Islander Alone 0.0% 0.0% 0.0% 2016 Other Race 11.8% 11.6% 10.2% 2016 Two or More Races 1.8% 1.7% 1.7% 2016 Hispanic Origin (Any Race) 95.4% 91.5% 87.5% Persons of Hispanic origin represent 87.5% 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 43.0 in the identified area, compared to 63.5 for the U.S. as a whole. Households 2000 Households 4,065 7,765 14,243 2010 Households 3,978 8,062 16,155 2016 Total Households 4,014 8,493 17,254 2021 Total Households 4,087 8,852 18,126 2000-2010 Annual Rate -0.22% 0.38% 1.27% 2010-2016 Annual Rate 0.14% 0.84% 1.06% 2016-2021 Annual Rate 0.36% 0.83% 0.99% 2016 Average Household Size 3.50 3.34 3.29 The household count in this area has changed from 16,155 in 2010 to 17,254 in the current year, a change of 1.06% annually. The five-year projection of households is 18,126, a change of 0.99% annually from the current year total. Average household size is currently 3.29, compared to 3.28 in the year 2010. The number of families in the current year is 13,472 in the specified area.
Executive Summary Sam Houston Plaza 408 S Sam Houston Blvd, San Benito, Texas, 78586 Rings: 1, 3, 5 mile radii Median Household Income 1 mile 3 miles 5 miles 2016 Median Household Income $31,348 $34,404 $37,636 2021 Median Household Income $30,805 $33,272 $37,111 2016-2021 Annual Rate -0.35% -0.67% -0.28% Average Household Income 2016 Average Household Income $42,471 $47,554 $53,548 2021 Average Household Income $44,093 $50,183 $56,861 2016-2021 Annual Rate 0.75% 1.08% 1.21% Per Capita Income 2016 Per Capita Income $12,401 $14,121 $16,515 2021 Per Capita Income $12,892 $14,901 $17,478 2016-2021 Annual Rate 0.78% 1.08% 1.14% Households by Income Current median household income is $37,636 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $37,111 in five years, compared to $59,476 for all U.S. households Current average household income is $53,548 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $56,861 in five years, compared to $84,021 for all U.S. households Current per capita income is $16,515 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $17,478 in five years, compared to $32,025 for all U.S. households Housing 2000 Total Housing Units 4,461 9,931 17,266 2000 Owner Occupied Housing Units 2,748 5,475 9,670 2000 Renter Occupied Housing Units 1,317 2,290 4,573 2000 Vacant Housing Units 396 2,166 3,023 2010 Total Housing Units 4,453 9,415 18,427 2010 Owner Occupied Housing Units 2,619 5,635 10,678 2010 Renter Occupied Housing Units 1,359 2,427 5,477 2010 Vacant Housing Units 475 1,353 2,272 2016 Total Housing Units 4,547 9,971 19,725 2016 Owner Occupied Housing Units 2,488 5,646 10,880 2016 Renter Occupied Housing Units 1,526 2,847 6,373 2016 Vacant Housing Units 533 1,478 2,471 2021 Total Housing Units 4,651 10,402 20,756 2021 Owner Occupied Housing Units 2,517 5,851 11,387 2021 Renter Occupied Housing Units 1,570 3,002 6,740 2021 Vacant Housing Units 564 1,550 2,630 Currently, 55.2% of the 19,725 housing units in the area are owner occupied; 32.3%, renter occupied; and 12.5% 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 18,427 housing units in the area - 57.9% owner occupied, 29.7% renter occupied, and 12.3% vacant. The annual rate of change in housing units since 2010 is 3.07%. Median home value in the area is $74,324, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 1.41% annually to $79,730.
Tapestry Segmentation Area Profile Sam Houston Plaza 408 S Sam Houston Blvd, San Benito, Texas, 78586 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) 83.2% 83.2% 0.8% 0.8% 9972 2 Traditional Living (12B) 6.8% 90.0% 2.0% 2.8% 346 3 Southern Satellites (10A) 5.6% 95.6% 3.2% 6.0% 177 4 Barrios Urbanos (7D) 3.0% 98.6% 1.0% 7.0% 291 5 NeWest Residents (13C) 0.7% 99.3% 0.8% 7.8% 93 Subtotal 99.3% 7.8% 6 Metro Fusion (11C) 0.7% 100.0% 1.4% 9.2% 49 Subtotal 0.7% 1.4% Total 100.0% 9.2% 1090 Top Ten Tapestry Segments Site vs. U.S. Metro Fusion (11C) NeWest Residents (13C) Barrios Urbanos (7D) Southern Satellites (10A) Traditional Living (12B) Site U.S. Southwestern Families (7F) 0 10 20 30 40 50 60 Percent of Households by Tapestry Segment 70 80
Tapestry Segmentation Area Profile Sam Houston Plaza 408 S Sam Houston Blvd, San Benito, Texas, 78586 Drive Time: 5 minute radius 2016 Tapestry Indexes by Households 0 2,000 Index 4,000 6,000 8,000 2016 Tapestry Indexes by Total Population 18+ 0 2,000 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
Information About Brokerage Services 11-2-2015 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. Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone Designated Broker of Firm License No. Email Phone Licensed Supervisor of Sales Agent/ License No. Email Phone Associate Sales Agent/Associate's Name License No. Email Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1-0 TAR 2501, 414 West Harrison Ave. Harlingen, TX 78550 Phone: Fax:.956.425.0868 Lupita Gutierrez-Garza Produced with zipform by ziplogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.ziplogix.com IABS