Alamo Corners Shopping Center 1449 West Duranta Street & US-83 Alamo, Texas 78516 Presented By: Bridge Realty Partners, Inc. 16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Developed By:
16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Alamo Corners Shopping Center Alamo, Texas Table of Contents 1 2 3 4 5 6 Project Description Maps Site Plan(s) Aerial(s) Demographics Agency Disclosure
16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Alamo Corners Shopping Center Alamo, Texas Project Description Location: 1449 West Duranta Street & Cesar Chavez Alamo, Texas 78516 Property Type: 66,645 sq. ft. Retail/Service Development Two (2) Pad Sites (Adjacent to new Wal-Mart Supercenter) Space Availability: Bldg. 1: 2,294 sq. ft. Bldg. 2: 1,260 sq ft. Bldg. 3: 100% Leased Lot 3: 1.719 Acres - Sale or ground Lease Lot 4: 2.652 Acres - Sale or ground Lease Traffic Counts: U.S. Hwy. 83 & Cesar Chavez: 100,700 Scheduled Delivery: **Available Now** Rental Rates: $22.00 per square foot Lot 3: $280,000 Lot 4: $425,000 Triple Nets: $3.60 (estimate) TI Allowance: $20.00 per square foot For Information Contact: Bridge Realty Partners www.bridgerealtypartners.com 972.235.7888 800.807.7725 The information contained in this offering is from sources deemed reliable, but is not guaranteed by St. Ives Realty, Inc. and is subject to change in price, correction, errors, omissions, prior sale(s), or withdrawal without notice. The information in this offering is not to be considered complete, accurate, and total representation of the facts surrounding the property. No copies of this information may be made in whole or in part without the prior written consent of St. Ives Realty, Inc.
16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Alamo Corners Shopping Center Alamo, Texas
16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Alamo Corners Shopping Center Alamo, Texas
16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570 Alamo Corners Shopping Center Alamo, Texas
Executive Summary Prepared by 1299 W Duranta St 1299 W Duranta St 1299 W Duranta St Alamo Corners Alamo, TX 78516 Alamo, TX 78516 Alamo, TX 78516 Site Type: Radius Radius: 1.0 mile Radius: 3.0 mile Radius: 5.0 mile 2008 Population Total Population 11,825 66,822 139,398 Male Population 48.3% 48.7% 48.8% Female Population 51.7% 51.3% 51.2% Median Age 30.6 28.2 28.4 2008 Income Median HH Income $26,705 $27,971 $28,940 Per Capita Income $11,378 $10,396 $11,126 Average HH Income $37,471 $37,262 $38,702 2008 Households Total Households 3,649 18,885 39,922 Average Household Size 3.24 3.53 3.47 1990-2000 Annual Rate 2.39% 4.67% 4.49% 2008 Housing Owner Occupied Housing Units 58.2% 61.8% 60.4% Renter Occupied Housing Units 17.2% 16.2% 17.9% Vacant Housing Units 24.5% 22.0% 21.6% Population 1990 Population 7,424 34,561 71,192 2000 Population 9,316 54,214 108,225 2008 Population 11,825 66,822 139,398 2013 Population 13,911 77,017 163,361 1990-2000 Annual Rate 2.3% 4.61% 4.28% 2000-2008 Annual Rate 2.93% 2.57% 3.12% 2008-2013 Annual Rate 3.3% 2.88% 3.22% In the identified market area, the current year population is 139,398. In 2000, the Census count in the market area was 108,225. The rate of change since 2000 was 3.12 percent annually. The five-year projection for the population in the market area is 163,361, representing a change of 3.22 percent annually from 2008 to 2013. Currently, the population is 48.8 percent male and 51.2 percent female. Households 1990 Households 2,178 9,324 19,184 2000 Households 2,757 14,721 29,775 2008 Households 3,649 18,885 39,922 2013 Households 4,322 21,920 47,196 1990-2000 Annual Rate 2.39% 4.67% 4.49% 2000-2008 Annual Rate 3.46% 3.07% 3.62% 2008-2013 Annual Rate 3.44% 3.03% 3.4% The household count in this market area has changed from 29,775 in 2000 to 39,922 in the current year, a change of 3.62 percent annually. The five-year projection of households is 47,196, a change of 3.4 percent annually from the current year total. Average household size is currently 3.47, compared to 3.61 in the year 2000. The number of families in the current year is 33,996 in the market area. Housing Currently, 60.4 percent of the 50,944 housing units in the market area are owner occupied; 17.9 percent, renter occupied; and 21.6 percent are vacant. In 2000, there were 38,639 housing units 57.7 percent owner occupied, 18.9 percent renter occupied and 23.5 percent vacant. The rate of change in housing units since 2000 is 3.41 percent. Median home value in the market area is $58,940, compared to a median home value of $192,285 for the U.S. In five years, median home value is projected to change by 1.17 percent annually to $62,466. From 2000 to the current year, median home value changed by 4.97 percent annually. Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography. 2008 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224 4/15/2009 Page 1 of 2
Executive Summary Prepared by 1299 W Duranta St 1299 W Duranta St 1299 W Duranta St Alamo Corners Alamo, TX 78516 Alamo, TX 78516 Alamo, TX 78516 Site Type: Radius Radius: 1.0 mile Radius: 3.0 mile Radius: 5.0 mile Median Household Income 1990 Median HH Income $16,378 $14,895 $15,639 2000 Median HH Income $21,680 $22,553 $22,906 2008 Median HH Income $26,705 $27,971 $28,940 2013 Median HH Income $29,413 $30,828 $32,265 1990-2000 Annual Rate 2.84% 4.24% 3.89% 2000-2008 Annual Rate 2.56% 2.64% 2.87% 2008-2013 Annual Rate 1.95% 1.96% 2.2% Per Capita Income 1990 Per Capita Income $5,806 $5,813 $5,842 2000 Per Capita Income $9,733 $8,491 $8,985 2008 Per Capita Income $11,378 $10,396 $11,126 2013 Per Capita Income $12,718 $11,662 $12,546 1990-2000 Annual Rate 5.3% 3.86% 4.4% 2000-2008 Annual Rate 1.91% 2.48% 2.62% 2008-2013 Annual Rate 2.25% 2.32% 2.43% Average Household Income 1990 Average Household Income $19,655 $20,859 $21,097 2000 Average Household Income $32,959 $31,408 $32,520 2008 Average HH Income $37,471 $37,262 $38,702 2013 Average HH Income $41,605 $41,563 $43,301 1990-2000 Annual Rate 5.31% 4.18% 4.42% 2000-2008 Annual Rate 1.57% 2.09% 2.13% 2008-2013 Annual Rate 2.11% 2.21% 2.27% Households by Income Current median household income is $28,940 in the market area, compared to $53,154 for all U.S. households. Median household income is projected to be $32,265 in five years. In 2000, median household income was $22,906, compared to $15,639 in 1990. Current average household income is $38,702 in this market area, compared to $73,126 for all U.S. households. Average household income is projected to be $43,301 in five years. In 2000, average household income was $32,520, compared to $21,097 in 1990. Current per capita income is $11,126 in the market area, compared to the U.S. per capita income of $27,916. The per capita income is projected to be $12,546 in five years. In 2000, the per capita income was $8,985, compared to $5,842 in 1990. Population by Employment Total Businesses 298 1,144 3,167 Total Employees 2,305 7,222 20,960 Currently, 90.6 percent of the civilian labor force in the identified market area is employed and 9.4 percent are unemployed. In comparison, 93.4 percent of the U.S. civilian labor force is employed, and 6.6 percent are unemployed. In five years the rate of employment in the market area will be 90.9 percent of the civilian labor force, and unemployment will be 9.1 percent. The percentage of the U.S. civilian labor force that will be employed in five years is 93.9 percent, and 6.1 percent will be unemployed. In 2000, 49.4 percent of the population aged 16 years or older in the market area participated in the labor force, and 0.0 percent were in the Armed Forces. In the current year, the occupational distribution of the employed population is: 46.6 percent in white collar jobs (compared to 60.2 percent of U.S. employment) 22.2 percent in service jobs (compared to 16.5 percent of U.S. employment) 31.2 percent in blue collar jobs (compared to 23.3 percent of U.S. employment) In 2000, 72.2 percent of the market area population drove alone to work, and 2.3 percent worked at home. The average travel time to work in 2000 was 20.1 minutes in the market area, compared to the U.S. average of 25.5 minutes. Population by Education In 2008, the educational attainment of the population aged 25 years or older in the market area was distributed as follows: 42.4 percent had not earned a high school diploma (16.4 percent in the U.S.) 27.5 percent were high school graduates only (29.6 percent in the U.S.) 3.4 percent had completed an Associate degree (7.2 percent in the U.S.) 8.9 percent had a Bachelor s degree (17.0 percent in the U.S.) 2.8 percent had earned a Master s/professional/doctorate Degree (9.7 percent in the U.S.) Source: U.S. Bureau of the Census, 2000 Census of Population and Housing. ESRI forecasts for 2008 and 2013. ESRI converted 1990 Census data into 2000 geography. 2008 ESRI On-demand reports and maps from Business Analyst Online. Order at www.esri.com/bao or call 800-292-2224 4/15/2009 Page 2 of 2
Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. Information About Brokerage Services efore working with a real estate broker, you should Bknow that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner s agent anything the buyer would not want the owner to know because an owner s agent must disclose to the owner any material information known to the agent. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer s agent anything the owner would not want the buyer to know because a buyer s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and (4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee s records. Buyer, Seller, Landlord or Tenant Date Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960. EQUAL HOUSING OPPORTUNITY 01A TREC No. OP-K