alamo corners shopping center -...

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:

Project Description

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Alamo, Texas

16910 Dallas Parkway, Suite 110 Dallas, Texas 75248 P 972.235.7888 F 972.235.3570

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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

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, correc-tion, errors, omissions, prior sale(s), or withdrawal without notice. The information in this offering is not to be considered complete, accurate, and total represen-tation 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.

For Information Contact: Bridge Realty Partners

www.bridgerealtypartners.com 972.235.7888 800.807.7725


Alamo, Texas



Alamo, Texas


Executive SummaryPrepared by

©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

1299 W Duranta St 1299 W Duranta St 1299 W Duranta StAlamo Corners Alamo, TX 78516 Alamo, TX 78516 Alamo, TX 78516Site 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.

http://www.esri.com/bao

Executive SummaryPrepared by

©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

1299 W Duranta St 1299 W Duranta St 1299 W Duranta StAlamo Corners Alamo, TX 78516 Alamo, TX 78516 Alamo, TX 78516Site 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.

http://www.esri.com/bao

EQUAL HOUSINGOPPO RTU N ITY

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

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