Single TenanT nn leaSe for Sale - Capital Retail...

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SINGLE TENANT NN LEASE FOR SALE 9400 Highway 6 | Houston, Texas 77083 Ford Scott & Geoff Bracken 281-816-6550 | www.capitalretailproperties.com

Transcript of Single TenanT nn leaSe for Sale - Capital Retail...

Page 1: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

Single TenanT nn leaSe for Sale9400 Highway 6 | Houston, Texas 77083

Ford Scott & Geoff Bracken281-816-6550 | www.capitalretailproperties.com

Page 2: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

LakeHouston

GalvestonBay

45

45

288

1960

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610

SAM HOUSTON

TOLLWAY

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TOLLWAY290

10

WESTPARK

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99 6

290

10

3659

59

45

Ford Scott or Geoff Bracken281-816-6550

[email protected] [email protected]

Single Tenant NN Lease For Sale

Location: 9400 Highway 6, Houston, Texas 77083

Year Built: 1998

Lot Size: 18,125 SF

Current Occupancy: 100%Texas Car Title & Pay Day Loan Services, Inc.

Center Highlights:• Great visibility from Highway 6 which carries over 50,000

vehicles per day.• Strong daytime population in established trade area.• Excellent freestanding pylon sign on Highway 6.

Current NOI: $95,000/Year

Asking Price: $1,250,000.00

Traffic Counts:Highway 6: 50,000 VPD (TXDOT 2012)

Co-tenants at Intersection:

Single Tenant nn lease for Sale9400 Highway 6 | Houston, Texas 77083

Page 3: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

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Ford Scott or Geoff Bracken281-816-6550

[email protected] [email protected]

Single Tenant nn lease for Sale9400 Highway 6 | Houston, Texas 77083

Page 4: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

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Single Tenant nn lease for Sale9400 Highway 6 | Houston, Texas 77083

Ford Scott or Geoff Bracken281-816-6550

[email protected] [email protected]

Page 5: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

Basic Summary Report

STI Popstats 2Q 2013

9400 Highway 6 S Houston, TX 77083

19 November 2013 Coordinates Longitude: -95.643599Latitude: 29.677031

1 MILE 3 MILE 5 MILERING RING RING

3.14 SQ/MI 28.27 SQ/MI 78.53 SQ/MI

Data Source: © 2007 Pitney Bowes MapInfo. All Rights Reserved. Page 1

POPULATION2000 Population 11,292 107,983 236,6232010 Population 17,826 151,814 318,4882013 Population 18,240 156,865 334,893

% Growth 2000 - 2010 36.7% 28.9% 25.7%% Growth 2013 - 2018 5.1% 6.8% 9.5%

HOUSEHOLDS2013 Households 5,151 46,816 109,394

Avg Household Size 3.4 3.3 3.7

EMPLOYMENT2013 Total Employers 172 1,411 5,3702013 Workplace Employees 2,108 22,366 101,817

RACE% White 13.5% 14.8% 18.3%% Hispanic 29.7% 32.6% 33.3%% Black 25.2% 26.0% 24.9%% Asian 29.2% 24.5% 21.4%% Other 2.4% 2.1% 2.2%

White 2,468 23,250 61,413Hispanic 5,413 51,196 111,466Black 4,602 40,735 83,247Asian 5,327 38,373 71,504Other 429 3,311 7,263

HOUSING% Renter Occupied Housing Units 17.2% 30.2% 40.7%% Owner Occupied Housing Units 82.8% 69.8% 59.3%

INCOME2013 Median Household Income $64,760 $60,462 $59,4122013 Average Household Income $75,637 $70,880 $70,6462013 Per Capita Income $21,007 $21,218 $23,916

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SUMMARY PROFILE

Cinco Ranch

Fifth Street

Four Corners

Meadows Place

Mission Bend

Pecan Grove

Piney Point Village

Stafford

Alief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine RdAlief Clodine Rd

Austin P

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Austin P

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Austin P

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Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Bay View Dr

Beechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut BlvdBeechnut Blvd

Bissonnet StBissonnet StBissonnet StBissonnet StBissonnet StBissonnet StBissonnet StBissonnet StBissonnet St

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

Blue Ridge Rd

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Clodine Rd

Clodine Rd

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Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

Lexington Blvd

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Old Richmond Rd

Old Richmond Rd

Old Richmond RdOld Richmond Rd

Old Richmond RdOld Richmond Rd

Old Richmond Rd

Old Richmond RdOld Richmond Rd

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9400 Highway 6 S Houston, Tx 77083

Site Coordinates

Longitude/X:Latitude/Y:

-95.643599 29.677031

N

0 1.25 2.5

Miles

El Fenix

El Chico

On the Border

Chili's

Olive Garder

TABC

Site

Rings

Shopping Centers

Consumer Potential

Cities

County Boundaries

State Boundaries

Basic Summary Report

STI Popstats 2Q 2013

9400 Highway 6 S Houston, TX 77083

19 November 2013 Coordinates Longitude: -95.643599Latitude: 29.677031

1 MILE 3 MILE 5 MILERING RING RING

3.14 SQ/MI 28.27 SQ/MI 78.53 SQ/MI

Data Source: © 2007 Pitney Bowes MapInfo. All Rights Reserved. Page 2

COLLEGE EDUCATION (Age 25+)% < 9th Grade 7.9% 10.4% 9.8%% Some High School 9.6% 9.7% 8.9%% High School 24.8% 24.5% 23.5%% Some College 21.8% 22.8% 23.0%% College - Associates Degree 6.6% 6.2% 6.1%% College - Bachelors Degree 20.7% 19.4% 20.2%% College - Masters Degree 7.0% 5.6% 6.4%% College - Professional Degree 1.4% 0.9% 1.1%% College - Doctorate Degree 0.3% 0.6% 0.8%

AGEMedian Age 28.5 28.9 29.7Median Age Male 26.7 27.1 28.3Median Age Female 30.2 30.6 30.9

Ford Scott or Geoff Bracken281-816-6550

[email protected] [email protected]

Single Tenant nn lease for Sale9400 Highway 6 | Houston, Texas 77083

Page 6: Single TenanT nn leaSe for Sale - Capital Retail Propertiescapitalretailproperties.com/brochures/Hwy6Bissonnet.pdf · Single TenanT nn leaSe for Sale 9400 Highway 6 | Houston, Texas

SEC of Rice Blvd. & US Hwy 59 (Westpark Dr.) | Bellaire, Texas

Uptown Crossing

EQUAL HOUSINGOP P O RT U N I T Y

Approved by the Texas Real Estate Commission for Voluntary Use

efore working with a real estate broker, you shouldBknow that the duties of a broker depend on whomthe broker represents. If you are a prospectiveseller or landlord (owner) or a prospective buyer or

tenant (buyer), you should know that the broker who liststhe property for sale or lease is the owner’s agent. Abroker who acts as a subagent represents the owner incooperation with the listing broker. A broker who acts asa buyer’s agent represents the buyer. A broker may act asan intermediary between the parties if the partiesconsent in writing. A broker can assist you in locating aproperty, preparing a contract or lease, or obtainingfinancing without representing you. A broker is obligatedby law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into anagreement with the owner, usually through a written -listing agreement, or by agreeing to act as a subagent byaccepting an offer of subagency from the listing broker. Asubagent may work in a different real estate office. Alisting broker or subagent can assist the buyer but doesnot represent the buyer and must place the interests ofthe owner first. The buyer should not tell the owner’sagent anything the buyer would not want the owner toknow because an owner’s agent must disclose to theowner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into anagreement to represent the buyer, usually through awritten buyer representation agreement. A buyer’s agentcan assist the owner but does not represent the ownerand must place the interests of the buyer first. The ownershould not tell a buyer’s agent anything the owner wouldnot want the buyer to know because a buyer’s agent mustdisclose to the buyer any material information known to theagent.

IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the partiesif the broker complies with The Texas Real Estate License

Act. The broker must obtain the written consent of eachparty to the transaction to act as an intermediary. Thewritten consent must state who will pay the broker and, inconspicuous bold or underlined print, set forth the broker’sobligations as an intermediary. The broker is required totreat each party honestly and fairly and to comply withThe Texas Real Estate License Act. A broker who actsas an intermediary in a transaction:

(1) shall treat all parties honestly; (2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner; (3) may not disclose that the buyer will pay a pricegreater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do soby The Texas Real Estate License Act or a courtorder or if the information materially relates to thecondition of the property.

With the parties’ consent, a broker acting as anintermediary between the parties may appoint a person whois licensed under The Texas Real Estate License Actand associated with the broker to communicate with andcarry out instructions of one party and another person whois licensed under that Act and associated with the brokerto communicate with and carry out instructions of theother party.

If you choose to have a broker represent you, you should enter into a written agreement with the brokerthat clearly establishes the broker’s obligations and yourobligations. The agreement should state how and bywhom the broker will be paid. You have the right tochoose the type of representation, if any, you wish toreceive. Your payment of a fee to a broker does notnecessarily establish that the broker represents you. If youhave any questions regarding the duties andresponsibilities of the broker, you should resolve thosequestions before proceeding.

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a questionor complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

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

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

01A TREC No. OP-K