3118 Los Colinas St. Denton, TX 76207 · 3118 Los Colinas St. Denton, TX 76207 Neal Agrawal –...
Transcript of 3118 Los Colinas St. Denton, TX 76207 · 3118 Los Colinas St. Denton, TX 76207 Neal Agrawal –...
3118 Los Colinas St. Denton, TX 76207
Neal Agrawal – Crest Real Estate Advisors
Cell- 972-804-0742, [email protected]
www.preschoolexchange.com
Property Highlights
Tenant- Maple Bear (Child Care Center) 3118 Los Colinas St
Asking Price- $825,000 Building Size- 5094 sq ft
Denton, TX 76207 Lot Size- 0.5587 Acres Year Built- 1989 (Recently Renovated) County- Denton
Pictures
3118 Los Colinas St. Denton, TX 76207
Neal Agrawal – Crest Real Estate Advisors
Cell- 972-804-0742, [email protected]
www.preschoolexchange.com
Tenant Highlights
Maple Bear schools offer full Canadian programs utilizing Canadian methodology and curriculum developed by our own experts from the ground up for preschool, elementary, and high school. There are currently more than 41,000 students in 447 Maple Bear Early Childhood, Elementary, and High Schools operating or opening in Korea, China, Vietnam, Singapore, Malaysia, Philippines, Bangladesh, Sri Lanka, India, UAE, Turkey, Morocco, Brazil, Mexico, Hong Kong, Romania, Nepal and the USA.
Lease Summary
Tenant International Child Care Operator- Maple Bear
Location Denton, TX
Lease Rate $5,500 monthly
Lease Type Gross
Lease Guarantee Corporate Guarantee
Rent Bumps $250 increment annually starting Feb 1st 2021
Lease Start Date Feb 1st, 2019
Lease End Date End of Feb, 2024
Extensions 1 Extension of 3 years
Neighbors Days Inn, Comfort Inn, Denton Orthopedic Therapy Center
3118 Los Colinas St. Denton, TX 76207
Neal Agrawal – Crest Real Estate Advisors
Cell- 972-804-0742, [email protected]
www.preschoolexchange.com
Lease Responsibilities- Landlord/ Tenant
Property Taxes Landlord
Property/ Hazard Insurance Landlord
Roof Landlord
Foundation Landlord
Electrical Landlord
AC/ Heating Landlord
Plumbing Landlord
Utilities Tenant
3118 Los Colinas St. Denton, TX 76207
Neal Agrawal – Crest Real Estate Advisors
Cell- 972-804-0742, [email protected]
www.preschoolexchange.com
Demographics within the 3-mile radius
2019 2024 Total Population 43,459 47,871 Average Income $52,608 $59,620 Population 0- 4 yrs. 1,686 1,972
Demographics within the 5-mile radius
2019 2024 Total Population 97,379 106,718 Average Income $64,616 $72,725 Population 0- 4 yrs. 4,889 5,523
3118 Los Colinas St. Denton, TX 76207
Neal Agrawal – Crest Real Estate Advisors
Cell- 972-804-0742, [email protected]
www.preschoolexchange.com
Map & Aerial View
3118 Los Colinas St, Denton
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Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 1 mile radius Latitude: 33.23332
Longitude: -97.17664
Summary Census 2010 2019 2024Population 1,605 1,961 2,216Households 579 709 797Families 411 486 542Average Household Size 2.77 2.76 2.78Owner Occupied Housing Units 442 523 590Renter Occupied Housing Units 137 186 208Median Age 33.2 34.1 35.4
Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 2.48% 1.59% 0.77%Households 2.37% 1.55% 0.75%Families 2.21% 1.53% 0.68%Owner HHs 2.44% 1.63% 0.92%Median Household Income 1.36% 2.50% 2.70%
2019 2024 Households by Income Number Percent Number Percent
<$15,000 22 3.1% 18 2.3%$15,000 - $24,999 39 5.5% 33 4.1%$25,000 - $34,999 56 7.9% 50 6.3%$35,000 - $49,999 66 9.3% 61 7.7%$50,000 - $74,999 161 22.7% 171 21.5%$75,000 - $99,999 168 23.7% 196 24.6%$100,000 - $149,999 135 19.0% 185 23.2%$150,000 - $199,999 36 5.1% 52 6.5%$200,000+ 25 3.5% 32 4.0%
Median Household Income $75,977 $81,284Average Household Income $85,506 $96,182Per Capita Income $31,825 $35,671
Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent
0 - 4 104 6.5% 119 6.1% 143 6.5%5 - 9 96 6.0% 115 5.9% 131 5.9%10 - 14 89 5.5% 111 5.7% 126 5.7%15 - 19 102 6.4% 101 5.2% 116 5.2%20 - 24 200 12.5% 128 6.5% 155 7.0%25 - 34 250 15.6% 448 22.8% 418 18.9%35 - 44 235 14.7% 254 13.0% 378 17.1%45 - 54 208 13.0% 238 12.1% 240 10.8%55 - 64 164 10.2% 206 10.5% 222 10.0%65 - 74 86 5.4% 150 7.6% 166 7.5%75 - 84 59 3.7% 65 3.3% 93 4.2%
85+ 11 0.7% 26 1.3% 27 1.2%Census 2010 2019 2024
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 1,365 85.1% 1,583 80.7% 1,729 78.1%Black Alone 80 5.0% 131 6.7% 179 8.1%American Indian Alone 17 1.1% 19 1.0% 21 0.9%Asian Alone 41 2.6% 75 3.8% 96 4.3%Pacific Islander Alone 0 0.0% 0 0.0% 0 0.0%Some Other Race Alone 53 3.3% 80 4.1% 101 4.6%Two or More Races 48 3.0% 73 3.7% 89 4.0%
Hispanic Origin (Any Race) 241 15.0% 346 17.6% 430 19.4%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 1 of 6
Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 1 mile radius Latitude: 33.23332
Longitude: -97.17664
AreaStateUSA
Trends 2019-2024Trends 2019-2024
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20192024
Population by AgePopulation by Age
Perc
ent
222018161412108642
0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2019 Household Income 2019 Household Income
<$15K3.1%
$15K - $24K5.5%
$25K - $34K7.9%
$35K - $49K9.3%
$50K - $74K22.7%
$75K - $99K23.7%
$100K - $149K19.1%
$150K - $199K5.1%
$200K+3.5%
2019 Population by Race2019 Population by Race
Perc
ent
80
70
60
50
40
30
20
10
0White Black Am. Ind. Asian Pacific Other Two+
2019 Percent Hispanic Origin: 17.6%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 2 of 6
Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 3 mile radius Latitude: 33.23332
Longitude: -97.17664
Summary Census 2010 2019 2024Population 37,372 43,459 47,871Households 14,461 16,641 18,533Families 5,511 6,137 6,847Average Household Size 2.10 2.12 2.14Owner Occupied Housing Units 4,238 4,648 5,100Renter Occupied Housing Units 10,223 11,994 13,432Median Age 24.3 24.8 25.0
Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 1.95% 1.59% 0.77%Households 2.18% 1.55% 0.75%Families 2.21% 1.53% 0.68%Owner HHs 1.87% 1.63% 0.92%Median Household Income 2.58% 2.50% 2.70%
2019 2024 Households by Income Number Percent Number Percent
<$15,000 4,115 24.7% 3,834 20.7%$15,000 - $24,999 1,985 11.9% 2,061 11.1%$25,000 - $34,999 1,763 10.6% 1,883 10.2%$35,000 - $49,999 2,375 14.3% 2,644 14.3%$50,000 - $74,999 2,575 15.5% 3,113 16.8%$75,000 - $99,999 1,642 9.9% 2,064 11.1%$100,000 - $149,999 1,422 8.5% 1,940 10.5%$150,000 - $199,999 479 2.9% 683 3.7%$200,000+ 287 1.7% 309 1.7%
Median Household Income $37,189 $42,246Average Household Income $52,608 $59,620Per Capita Income $21,079 $23,880
Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,585 4.2% 1,686 3.9% 1,972 4.1%5 - 9 1,300 3.5% 1,475 3.4% 1,676 3.5%10 - 14 1,066 2.9% 1,322 3.0% 1,529 3.2%15 - 19 5,549 14.8% 6,263 14.4% 6,562 13.7%20 - 24 10,630 28.4% 11,438 26.3% 12,263 25.6%25 - 34 6,477 17.3% 8,194 18.9% 8,314 17.4%35 - 44 3,013 8.1% 3,654 8.4% 4,744 9.9%45 - 54 2,782 7.4% 2,861 6.6% 3,193 6.7%55 - 64 2,157 5.8% 2,737 6.3% 2,891 6.0%65 - 74 1,262 3.4% 1,920 4.4% 2,384 5.0%75 - 84 942 2.5% 1,136 2.6% 1,462 3.1%
85+ 608 1.6% 773 1.8% 882 1.8%Census 2010 2019 2024
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 27,299 73.0% 28,933 66.6% 30,412 63.5%Black Alone 3,661 9.8% 5,355 12.3% 6,727 14.1%American Indian Alone 281 0.8% 310 0.7% 335 0.7%Asian Alone 2,332 6.2% 3,664 8.4% 4,277 8.9%Pacific Islander Alone 57 0.2% 73 0.2% 77 0.2%Some Other Race Alone 2,516 6.7% 3,457 8.0% 4,122 8.6%Two or More Races 1,226 3.3% 1,666 3.8% 1,922 4.0%
Hispanic Origin (Any Race) 6,925 18.5% 9,197 21.2% 10,825 22.6%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 3 of 6
Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 3 mile radius Latitude: 33.23332
Longitude: -97.17664
AreaStateUSA
Trends 2019-2024Trends 2019-2024
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20192024
Population by AgePopulation by Age
Perc
ent
25
20
15
10
5
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2019 Household Income 2019 Household Income
<$15K24.7%
$15K - $24K11.9%
$25K - $34K10.6%
$35K - $49K14.3%
$50K - $74K15.5%
$75K - $99K9.9%
$100K - $149K8.5%
$150K - $199K2.9%
$200K+1.7%
2019 Population by Race2019 Population by Race
Perc
ent
65605550454035302520151050
White Black Am. Ind. Asian Pacific Other Two+
2019 Percent Hispanic Origin: 21.2%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 4 of 6
Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 5 mile radius Latitude: 33.23332
Longitude: -97.17664
Summary Census 2010 2019 2024Population 83,628 97,379 106,718Households 32,063 37,104 40,815Families 15,550 17,394 18,962Average Household Size 2.35 2.36 2.38Owner Occupied Housing Units 12,755 14,503 15,968Renter Occupied Housing Units 19,308 22,601 24,847Median Age 26.1 27.7 28.3
Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 1.85% 1.59% 0.77%Households 1.92% 1.55% 0.75%Families 1.74% 1.53% 0.68%Owner HHs 1.94% 1.63% 0.92%Median Household Income 2.37% 2.50% 2.70%
2019 2024 Households by Income Number Percent Number Percent
<$15,000 6,399 17.2% 5,829 14.3%$15,000 - $24,999 3,765 10.1% 3,699 9.1%$25,000 - $34,999 3,769 10.2% 3,824 9.4%$35,000 - $49,999 5,610 15.1% 6,022 14.8%$50,000 - $74,999 6,489 17.5% 7,485 18.3%$75,000 - $99,999 4,448 12.0% 5,347 13.1%$100,000 - $149,999 3,913 10.5% 5,131 12.6%$150,000 - $199,999 1,529 4.1% 2,085 5.1%$200,000+ 1,183 3.2% 1,393 3.4%
Median Household Income $46,592 $52,388Average Household Income $64,616 $72,725Per Capita Income $25,206 $28,335
Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent
0 - 4 4,594 5.5% 4,889 5.0% 5,523 5.2%5 - 9 4,144 5.0% 4,512 4.6% 4,967 4.7%10 - 14 3,823 4.6% 4,313 4.4% 4,805 4.5%15 - 19 8,947 10.7% 9,753 10.0% 10,370 9.7%20 - 24 18,398 22.0% 19,583 20.1% 20,913 19.6%25 - 34 14,056 16.8% 18,142 18.6% 18,416 17.3%35 - 44 8,439 10.1% 9,988 10.3% 12,568 11.8%45 - 54 8,218 9.8% 8,278 8.5% 8,881 8.3%55 - 64 6,237 7.5% 8,054 8.3% 8,293 7.8%65 - 74 3,608 4.3% 5,667 5.8% 6,749 6.3%75 - 84 2,189 2.6% 2,856 2.9% 3,692 3.5%
85+ 975 1.2% 1,344 1.4% 1,542 1.4%Census 2010 2019 2024
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 61,812 73.9% 66,601 68.4% 69,669 65.3%Black Alone 8,531 10.2% 12,247 12.6% 15,398 14.4%American Indian Alone 664 0.8% 743 0.8% 801 0.8%Asian Alone 3,451 4.1% 5,464 5.6% 6,429 6.0%Pacific Islander Alone 79 0.1% 105 0.1% 110 0.1%Some Other Race Alone 6,405 7.7% 8,579 8.8% 10,101 9.5%Two or More Races 2,687 3.2% 3,640 3.7% 4,209 3.9%
Hispanic Origin (Any Race) 18,093 21.6% 23,646 24.3% 27,532 25.8%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 5 of 6
Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 5 mile radius Latitude: 33.23332
Longitude: -97.17664
AreaStateUSA
Trends 2019-2024Trends 2019-2024
Ann
ual R
ate
(in
perc
ent)
2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20192024
Population by AgePopulation by Age
Perc
ent
20
18
16
14
12
10
86
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2019 Household Income 2019 Household Income
<$15K17.2%
$15K - $24K10.1%$25K - $34K
10.2%
$35K - $49K15.1%
$50K - $74K17.5%
$75K - $99K12.0%
$100K - $149K10.5%
$150K - $199K4.1%
$200K+3.2%
2019 Population by Race2019 Population by Race
Perc
ent
65605550454035302520151050
White Black Am. Ind. Asian Pacific Other Two+
2019 Percent Hispanic Origin: 24.3%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.
May 15, 2020
©2020 Esri Page 6 of 6