Hanmi Bank Building Presented by William Davis Realty [email protected] (214) 924-5071...

Hanmi Bank Building Presented by

William Davis Realty

4555-4563 W Walnut St, Garland, TX 75042

CONFIDENTIALITYAND DISCLAIMER STATEM The information contained in the these materialsisproprietary, strictly confidential and is intended to be reviewed only by theparty receiving it fromWILLIAM DAVIS REALTY and should not be made availableto any other person or entity without theprior written consent of William DavisRealty. By accepting this the recipientagrees to keep allinformation contained in the materials herein providedconfidential. These materials havebeenprepared to provide summary, unverified information to prospective purchasers,and to establishonly a preliminary level of interest in the property describedtherein (the “Property”). Theinformation isnot intended to be a substitute for a thorough, due diligenceinvestigation of the Property. Youareadvised that neither William Davis Realty or any of its agents or realtors havemade anyinvestigation of the Property, and make no warranty or representationwith respect to: (i) income andexpenses for the Property, (ii) the futureproject financial performance of the Property, (iii) the squarefootage of theProperty and the improvements, (iv) the presence or absence ofcontaminatingsubstances, including but not limited to PCB’s or asbestos, (v) compliance with local,state and federalordinances, regulations, laws or statutes, (vi) the physical condition of the of theProperty or improvements,(vii) the financial condition of any tenant, or (viii) the plans or intentionsofany tenant regarding tenant’s continued occupancy of the Property or theimprovements. While theinformationcontained in these materials has been obtained from sources we believe to bereliable,please be aware that WILLIAM DAVIS REALTY and/or its agents, have notverified, and will not in thefuture verify, any of the information containedin these materials and make no representations orwarranties with regard to theaccuracy or completeness of the provided materials, and it istheresponsibility of potential purchasers to independently verify the informationin thesematerials. WilliamDavis and or the Seller of the Property reserve the right to alter, amend ormodify theinformation contained in these materials without notice at anytime. The person executingthisConfidentiality and Disclaimer Statement represents to William Davis Realty thathe or she has fullauthority to do so and to bind the party they represent tothe agreements contained herein. He orshefurther represents that by signing below the party he or she representswill be charged with knowledgeof the notices and disclaimers contained herein.

Long [email protected](214) 924-5071

William Davis Realty17732 Preston Rd #100Dallas, TX 75252

Notes

Confidentiality Agreement

Hanmi Bank Building4555-4563 W Walnut St, Garland, TX 75042

mailto:[email protected]

Hanmi Bank (NASDAQ: HAFC) the Tenant, is occupying this property until year 2018 and will not renewtheir lease. This is a great opportunity for New owner to buy and occupy All or partially occupy andlease out the remaining. There are many possibilities for this 3 separate buildings. Building 1approximately 14,421 sqft. Building 2 is approximately 16,700 sqft has L shape and it could used asadditional office spaces or could be divided and lease it out. This office building will definitely attractsmany prospective tenants such as Doctor office, Lawyer firm, real estate and mortgage, title company,insurance and medial office... etc.. Building 3 is a Drive-in bank and has approximately 1,458 sqft.

Price: $3,650,000

Buildings were built in year 1984,1997, 2003 and 2008

Priced below replacment cost.

All buildings are C-Masonry, Block, Tilt -wall.

Great location of Garland - Dallas Border

High traffic on both Walnut St and Plano Road.

2015 Population 1 miles 26,270 and 3 miles 160,596

View the full listing here: http://www.crelisting.net/M0w1AFJ5g/?StepID=107

Price: $3,650,000

Building Size: 32,547 SF

Price/SF: $112.15

Property Type: Office

Property Sub-type: Office Building

Additional Sub-types: Medical Office

Property Use Type: Investment

Occupancy: 100%

No. Stories: 1

Building Class: B

Property Details


http://www.crelisting.net/M0w1AFJ5g/?StepID=107

Major Tenant Information

Tenant SF Occupied Lease ExpiredHanmi Bank 32,547 2018


Location DescriptionProperty is located at the NWQ of busyintersection of Walnut and Plano Road. NeighborTenants including Pollo Regio, Burger King,Advance Auto Parts,The Boiling Crabs, TexacoGas station, Metro PCS..etc Total land isapproximately 3.264 Acre or 142,180sf. Thisinformation is believed reliable, William DavisRealty does not doubt its accuracy and has notverified it. William Davis Realty and Owner makeno guarantee and warranty.

Location


Property Photos


———

Jun 16 vs. 3 mo.prior

Y-O-Y

State $128 +1.9% +6.6%

Metro $146 +2.1% +7.7%

County $129 +5.2% +13.0%

———

Jun 16 vs. 3 mo.prior

Y-O-Y

State $17.66 +0.7% +2.7%

Metro $17.56 +0.8% +3.7%

County $17.65 +1.3% +5.3%

Market Trends


Demographics

Population 1-mi. 3-mi. 5-mi.

2015 Male Population 13,017 78,710 195,060

2015 Female Population 13,253 81,886 199,427

% 2015 Male Population 49.55% 49.01% 49.45%

% 2015 Female Population 50.45% 50.99% 50.55%

2015 Total Population: Adult 18,322 118,299 290,620

2015 Total Daytime Population 18,627 176,457 457,762

2015 Total Employees 3,712 89,115 242,896

2015 Total Population: Median Age 31 33 34

2015 Total Population: Adult Median Age 42 43 44

2015 Total population: Under 5 years 2,280 12,966 31,681

2015 Total population: 5 to 9 years 2,272 12,414 30,345












Demographics

Population (Cont.) 1-mi. 3-mi. 5-mi.


2015 Total population: 65 to 69 years 849 5,861 14,085




2015 Total population: 85 years and over 133 1,491 6,431

% 2015 Total population: Under 5 years 8.68% 8.07% 8.03%

% 2015 Total population: 5 to 9 years 8.65% 7.73% 7.69%















Demographics




% 2015 Total population: 85 years and over 0.51% 0.93% 1.63%

2015 White alone 10,030 75,250 215,600

2015 Black or African American alone 6,020 37,796 67,394

2015 American Indian and Alaska Native alone 172 955 2,799

2015 Asian alone 3,965 19,468 34,544

2015 Native Hawaiian and OPI alone 15 69 171

2015 Some Other Race alone 5,103 21,411 60,480

2015 Two or More Races alone 965 5,647 13,499

2015 Hispanic 11,269 50,215 144,062

2015 Not Hispanic 15,001 110,381 250,425

% 2015 White alone 38.18% 46.86% 54.65%

% 2015 Black or African American alone 22.92% 23.53% 17.08%

% 2015 American Indian and Alaska Native alone 0.65% 0.59% 0.71%

% 2015 Asian alone 15.09% 12.12% 8.76%

% 2015 Native Hawaiian and OPI alone 0.06% 0.04% 0.04%

% 2015 Some Other Race alone 19.43% 13.33% 15.33%

% 2015 Two or More Races alone 3.67% 3.52% 3.42%

% 2015 Hispanic 42.90% 31.27% 36.52%

% 2015 Not Hispanic 57.10% 68.73% 63.48%


Demographics


2015 Not Hispanic: White alone 9,098 71,031 189,111

2015 Not Hispanic: Black or African American alone 3,893 28,920 61,497

2015 Not Hispanic: American Indian and Alaska Native alone 77 493 1,326

2015 Not Hispanic: Asian alone 4,422 17,224 27,317

2015 Not Hispanic: Native Hawaiian and OPI alone 19 75 168

2015 Not Hispanic: Some Other Race alone 30 250 562

2015 Not Hispanic: Two or More Races 591 3,296 7,373

% 2015 Not Hispanic: White alone 37.48% 47.31% 48.79%

% 2015 Not Hispanic: Black or African American alone 16.04% 19.26% 15.86%

% 2015 Not Hispanic: American Indian and Alaska Native alone 0.32% 0.33% 0.34%

% 2015 Not Hispanic: Asian alone 18.22% 11.47% 7.05%

% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.08% 0.05% 0.04%

% 2015 Not Hispanic: Some Other Race alone 0.12% 0.17% 0.14%

% 2015 Not Hispanic: Two or More Races 2.43% 2.20% 1.90%

Population Change 1-mi. 3-mi. 5-mi.

Total: Employees (NAICS) n/a n/a n/a

Total: Establishements (NAICS) n/a n/a n/a


Demographics

Population Change (Cont.) 1-mi. 3-mi. 5-mi.

2015 Total Population 26,270 160,596 394,487

2015 Households 8,117 58,650 142,029

Population Change 2010-2015 1,837 12,977 27,613

Household Change 2010-2015 299 2,412 4,335

% Population Change 2010-2015 7.52% 8.79% 7.53%

% Household Change 2010-2015 3.82% 4.29% 3.15%

Population Change 2000-2015 1,998 10,448 6,860

Household Change 2000-2015 -522 -1,643 -8,176

% Population Change 2000 to 2015 8.23% 6.96% 1.77%

% Household Change 2000 to 2015 -6.04% -2.73% -5.44%

Housing 1-mi. 3-mi. 5-mi.

2015 Housing Units 8,913 62,927 157,520

2015 Occupied Housing Units 8,639 60,293 150,204

2015 Owner Occupied Housing Units 4,046 25,501 69,189

2015 Renter Occupied Housing Units 4,593 34,792 81,015

2015 Vacant Housings Units 274 2,635 7,320

% 2015 Occupied Housing Units 96.93% 95.81% 95.36%


Demographics

Housing (Cont.) 1-mi. 3-mi. 5-mi.

% 2015 Owner occupied housing units 46.83% 42.30% 46.06%

% 2015 Renter occupied housing units 53.17% 57.70% 53.94%

% 2000 Vacant housing units 3.07% 4.19% 4.65%

Income 1-mi. 3-mi. 5-mi.

2015 Household Income: Median $41,179 $45,682 $47,229

2015 Household Income: Average $55,603 $67,101 $69,796

2015 Per Capita Income $17,188 $24,543 $25,267

2015 Household income: Less than $10,000 541 4,280 9,340

2015 Household income: $10,000 to $14,999 468 3,218 7,598















Demographics

Income (Cont.) 1-mi. 3-mi. 5-mi.

2015 Household income: $200,000 or more 136 2,206 6,218

% 2015 Household income: Less than $10,000 6.67% 7.30% 6.58%

% 2015 Household income: $10,000 to $14,999 5.77% 5.49% 5.35%














% 2015 Household income: $200,000 or more 1.68% 3.76% 4.38%

Retail Sales Volume 1-mi. 3-mi. 5-mi.

2015 Childrens/Infants clothing stores $2,201,405 $15,917,629 $38,784,119

2015 Jewelry stores $742,997 $5,673,813 $13,882,463

2015 Mens clothing stores $2,501,718 $18,464,878 $45,172,322

2015 Shoe stores $2,561,274 $18,765,240 $45,915,382


Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2015 Womens clothing stores $4,164,510 $31,001,654 $75,986,693

2015 Automobile dealers $32,254,971 $241,415,450 $592,128,677

2015 Automotive parts and accessories stores $6,354,726 $47,174,864 $115,435,371

2015 Other motor vehicle dealers $901,643 $6,612,745 $16,015,566

2015 Tire dealers $2,839,984 $21,058,043 $51,542,658

2015 Hardware stores $125,256 $954,582 $2,365,545

2015 Home centers $1,257,859 $9,550,888 $23,652,381

2015 Nursery and garden centers $1,495,679 $11,515,127 $28,627,728

2015 Outdoor power equipment stores $708,584 $5,269,369 $13,006,500

2015 Paint andwallpaper stores $151,361 $1,115,518 $2,751,219

2015 Appliance, television, and other electronics stores $4,281,930 $32,135,112 $78,941,213

2015 Camera andphotographic supplies stores $321,262 $2,472,352 $6,066,898

2015 Computer andsoftware stores $12,094,917 $89,102,216 $217,257,745

2015 Beer, wine, and liquor stores $2,077,105 $15,511,324 $38,011,661

2015 Convenience stores $9,574,973 $70,168,431 $171,259,000

2015 Restaurant Expenditures $8,573,114 $64,001,559 $157,095,100

2015 Supermarkets and other grocery (except convenience) stores $34,712,129 $253,933,966 $619,830,108

2015 Furniture stores $3,061,818 $22,981,576 $56,409,335

2015 Home furnishings stores $10,612,594 $79,209,921 $194,357,657

2015 General merchandise stores $55,514,987 $415,509,201 $1,022,038,265

2015 Gasoline stations with convenience stores $29,705,616 $217,515,948 $531,047,418


Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2015 Other gasoline stations $21,282,625 $155,686,171 $380,138,325

2015 Department stores (excl leased depts) $54,771,990 $409,835,388 $1,008,155,802

2015 General merchandise stores $55,514,987 $415,509,201 $1,022,038,265

2015 Other health and personal care stores $2,155,596 $16,212,412 $39,818,126

2015 Pharmacies and drug stores $8,738,999 $64,846,483 $159,065,530

2015 Pet and pet supplies stores $2,366,686 $17,488,146 $42,712,856

2015 Book, periodical, and music stores $348,981 $2,671,107 $6,561,497

2015 Hobby, toy, and game stores $1,025,673 $7,601,976 $18,538,477

2015 Musical instrument and supplies stores $100,622 $777,805 $1,904,520

2015 Sewing, needlework, and piece goods stores $185,181 $1,405,335 $3,444,592

2015 Sporting goods stores $972,333 $7,400,442 $18,159,826


[email protected](214) 924-5071

William Davis Realty

17732 Preston Road Suite 100Dallas, TX 75252

Long Ly

Current Occupation: Real Estate Agent

Broker Profile


mailto:[email protected]

Hanmi Bank Building Presented by William Davis Realty [email protected] (214) 924-5071...

Documents

Transcript of Hanmi Bank Building Presented by William Davis Realty [email protected] (214) 924-5071...