i-45 and parker road - loopnet · 2017-08-02 · i-45 and parker road the information contained...
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I-45 and Parker Road6500 North Freeway - Houston, Texas 77076
BPI Realty Services Inc3800 SW Freeway Suite 304 | Houston, TX 77027
Phone: (281) 530-0900 | Fax: (281) 530-0690
FOR SALE 31,519 sq. ft. Retail Center
6500 North Freeway - Houston, Texas 77076
Building Size: 31,519 sq. ft.Land Size: 107,602 sf (2.47 AC)Parking Spaces: 154
Asking Price: $4,502,690CAP Rate: 6.0%NOI: $450,286PSF: $142.86
- Built in 1977- Great Freeway Exposure to I/45- Strong Demographics and Traffic Counts- Medical and Professional Tenant Mix- Large Pylon Available - Great Exposure to I-45
LOCATION:
SIZE:
PRICING:
DESCRIPTION:
I-45 and Parker Road6500 North Freeway Houston, TX 77076
- Harris County 2017 Appraised Value: $2,271,340- Tax Rate: $2.528563/$100- Projected 2017 Tax: $84,640- HCAD #: 0222460000009
PROPERTY TAXES:
I-45 and Parker Road
The information contained herein has, we believe, been obtained from reasonably reliable sources. No warranty or guaranty, either expressed or implied, is made with respect to the accuracy thereof. All information contained herein should be verified to the satisfaction of the person thereon. The information contained herein has, we believe, been obtained from reasonably reliable sources. No warranty or guaranty, either expressed or implied, is made with respect to the accuracy thereof. All information contained herein should be verified to the satisfaction of the person thereon.
BPI Realty Services Inc3800 SW Freeway Suite 304 | Houston, TX 77027
Phone: (281) 530-0900 | Fax: (281) 530-0690
6500 North Freeway Houston, TX 77076
I-45 and Parker Road
The information contained herein has, we believe, been obtained from reasonably reliable sources. No warranty or guaranty, either expressed or implied, is made with respect to the accuracy thereof. All information contained herein should be verified to the satisfaction of the person thereon.
BPI Realty Services Inc3800 SW Freeway Suite 304 | Houston, TX 77027
Phone: (281) 530-0900 | Fax: (281) 530-0690
6500 North Freeway Houston, TX 77076
I-45 and Parker Road
The information contained herein has, we believe, been obtained from reasonably reliable sources. No warranty or guaranty, either expressed or implied, is made with respect to the accuracy thereof. All information contained herein should be verified to the satisfaction of the person thereon. The information contained herein has, we believe, been obtained from reasonably reliable sources. No warranty or guaranty, either expressed or implied, is made with respect to the accuracy thereof. All information contained herein should be verified to the satisfaction of the person thereon.
BPI Realty Services Inc3800 SW Freeway Suite 304 | Houston, TX 77027
Phone: (281) 530-0900 | Fax: (281) 530-0690
6500 North Freeway Houston, TX 77076
2014 Estimated Population 21,209 129,134 354,927
2019 Projected Population 22,762 138,668 381,207
2010 Census Population 19,959 121,464 333,820
2000 Census Population 17,493 115,820 332,529
Historical Annual Growth 2000 to 2014 1.5% 0.8% 0.5%
Projected Annual Growth 2014 to 2019 1.5% 1.5% 1.5%
2014 Est. Households 6,249 40,041 117,259
2019 Proj. Households 6,737 43,179 126,434
2010 Census Households 5,833 37,384 109,472
2000 Census Households 5,095 36,359 109,007
Historical Annual Growth 2000 to 2014 1.6% 0.7% 0.5%
Projected Annual Growth 2014 to 2019 1.6% 1.6% 1.6%
2014 Est. Population 0 to 9 Years 19.6% 17.3% 16.8%
2014 Est. Population 10 to 19 Years 15.7% 15.3% 14.5%
2014 Est. Population 20 to 29 Years 17.3% 14.4% 14.9%
2014 Est. Population 30 to 44 Years 21.0% 20.6% 21.7%
2014 Est. Population 45 to 59 Years 15.2% 17.6% 17.9%
2014 Est. Population 60 to 74 Years 7.4% 10.4% 10.2%
2014 Est. Population 75 Years Plus 3.7% 4.4% 4.0%
2014 Est. Median Age 27.7 31.6 31.6
2014 Est. Male Population 50.5% 50.4% 50.5%
2014 Est. Female Population 49.5% 49.6% 49.5%
2014 Est. Never Married 43.3% 38.8% 38.1%
2014 Est. Now Married 32.7% 38.0% 38.4%
2014 Est. Separated or Divorced 19.5% 17.6% 18.5%
2014 Est. Widowed 4.5% 5.6% 5.0%
2014 Est. HH Income $200,000 or More 1.0% 2.1% 3.1%
2014 Est. HH Income $150,000 to $199,999 0.7% 2.3% 3.2%
2014 Est. HH Income $100,000 to $149,999 4.8% 7.3% 8.4%
2014 Est. HH Income $75,000 to $99,999 7.1% 9.1% 10.1%
2014 Est. HH Income $50,000 to $74,999 15.9% 17.0% 17.7%
2014 Est. HH Income $35,000 to $49,999 16.1% 15.5% 15.2%
2014 Est. HH Income $25,000 to $34,999 16.6% 14.1% 13.5%
2014 Est. HH Income $15,000 to $24,999 19.1% 15.4% 13.8%
2014 Est. HH Income $0 to $14,999 18.7% 17.3% 14.9%
2014 Est. Average Household Income $38,604 $48,267 $55,757
2014 Est. Median HH Income $32,589 $41,000 $46,023
2014 Est. Per Capita Income $11,476 $15,041 $18,472
2014 Est. Number of Businesses 761 4,263 12,740
2014 Est. Total Number of Employees 5,955 34,722 123,725
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6500 North Fwy1 Mile 3 Miles 5 Miles
Houston, TX
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FULL PROFILE2000 - 2010 Census, 2014 Estimates with 2019 ProjectionsCalculated using Proportional Block Groups
Lat/Lon: 29.86006/-95.40157
©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 8/2014, TIGER Geography
2014 Est. White Population 52.0% 49.3% 52.6%
2014 Est. Black Population 18.7% 22.5% 19.4%
2014 Est. Asian & Pacific Islander 0.4% 0.8% 1.4%
2014 Est. American Indian & Alaska Native 0.6% 0.8% 0.9%
2014 Est. Other Races Population 28.3% 26.6% 25.8%
2014 Est. Hispanic Population 15,929 83,997 222,907
2014 Est. Hispanic Population Percent 75.1% 65.0% 62.8%
2019 Proj. Hispanic Population Percent 77.1% 66.8% 64.5%
2010 Hispanic Population Percent 73.3% 63.5% 61.4%
2014 Est. Adult Population (25 Years or Older) 11,521 76,883 216,596
2014 Est. Elementary (0 to 8) 26.8% 21.8% 20.6%
2014 Est. Some High School (9 to 11) 25.6% 19.0% 17.1%
2014 Est. High School Graduate (12) 27.8% 30.0% 26.9%
2014 Est. Some College (13 to 16) 12.6% 16.2% 16.5%
2014 Est. Associate Degree Only 1.7% 3.1% 3.5%
2014 Est. Bachelor Degree Only 3.4% 6.7% 10.2%
2014 Est. Graduate Degree 2.0% 3.1% 5.1%
2014 Est. Total Housing Units 6,662 42,606 128,245
2014 Est. Owner Occupied Percent 38.6% 55.4% 51.7%
2014 Est. Renter Occupied Percent 55.2% 38.6% 39.7%
2014 Est. Vacant Housing Percent 6.2% 6.0% 8.6%
2010 Homes Built 2005 or later 5.8% 5.9% 7.0%
2010 Homes Built 2000 to 2004 8.2% 6.7% 6.8%
2010 Homes Built 1990 to 1999 14.0% 8.2% 8.4%
2010 Homes Built 1980 to 1989 11.7% 11.9% 13.3%
2010 Homes Built 1970 to 1979 24.3% 18.2% 20.4%
2010 Homes Built 1960 to 1969 11.8% 19.0% 15.0%
2010 Homes Built 1950 to 1959 16.6% 17.6% 15.3%
2010 Homes Built Before 1949 7.6% 12.4% 13.9%
2010 Home Value $1,000,000 or More 0.8% 0.2% 0.3%
2010 Home Value $500,000 to $999,999 0.3% 1.0% 1.5%
2010 Home Value $400,000 to $499,999 0.3% 0.9% 1.7%
2010 Home Value $300,000 to $399,999 2.1% 3.3% 4.9%
2010 Home Value $200,000 to $299,999 4.9% 9.1% 11.7%
2010 Home Value $150,000 to $199,999 4.3% 10.2% 11.9%
2010 Home Value $100,000 to $149,999 27.5% 22.0% 23.1%
2010 Home Value $50,000 to $99,999 47.6% 40.1% 33.9%
2010 Home Value $25,000 to $49,999 5.7% 7.4% 6.3%
2010 Home Value $0 to $24,999 6.6% 5.9% 4.7%
2010 Median Home Value $91,874 $110,800 $130,761
2010 Median Rent $555 $574 $602
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Lat/Lon: 29.86006/-95.40157
6500 North Fwy1 Mile 3 Miles 5 Miles
Houston, TX
FULL PROFILE2000 - 2010 Census, 2014 Estimates with 2019 ProjectionsCalculated using Proportional Block Groups
©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 8/2014, TIGER Geography
2014 Est. Labor: Population Age 16+ 14,695 94,034 262,532
2014 Est. Civilian Employed 57.9% 57.5% 60.5%
2014 Est. Civilian Unemployed 4.6% 4.0% 3.9%
2014 Est. in Armed Forces - - -
2014 Est. not in Labor Force 37.5% 38.5% 35.6%
2014 Labor Force: Males 50.1% 49.9% 50.1%
2014 Labor Force: Females 49.9% 50.1% 49.9%
2010 Occupation: Population Age 16+ 7,314 46,951 142,138
2010 Mgmt, Business, & Financial Operations 5.4% 7.6% 9.9%
2010 Professional & Related 5.9% 9.6% 12.7%
2010 Service 24.8% 19.9% 19.2%
2010 Sales and Office 21.7% 22.8% 22.9%
2010 Farming, Fishing, and Forestry 1.4% 0.6% 0.4%
2010 Construction, Extraction, & Maintenance 22.7% 21.5% 18.3%
2010 Production, Transport, & Material Moving 18.1% 17.9% 16.5%
2010 Percent White Collar Workers 33.0% 40.1% 45.5%
2010 Percent Blue Collar Workers 67.0% 59.9% 54.5%
2010 Drive to Work Alone 65.9% 72.8% 74.1%
2010 Drive to Work in Carpool 21.7% 15.3% 14.5%
2010 Travel to Work by Public Transportation 4.4% 4.2% 3.8%
2010 Drive to Work on Motorcycle - - 0.1%
2010 Walk or Bicycle to Work 1.6% 2.0% 2.1%
2010 Other Means 4.8% 2.7% 2.1%
2010 Work at Home 1.7% 3.0% 3.2%
2010 Travel to Work in 14 Minutes or Less 17.7% 16.9% 18.0%
2010 Travel to Work in 15 to 29 Minutes 36.0% 38.1% 38.6%
2010 Travel to Work in 30 to 59 Minutes 38.9% 37.0% 36.1%
2010 Travel to Work in 60 Minutes or More 7.3% 8.0% 7.3%
2010 Average Travel Time to Work 25.8 25.6 25.0
2014 Est. Total Household Expenditure $232 M $1.70 B $5.47 B
2014 Est. Apparel $11.3 M $82.4 M $265 M
2014 Est. Contributions & Gifts $13.0 M $103 M $343 M
2014 Est. Education & Reading $5.85 M $44.7 M $148 M
2014 Est. Entertainment $12.7 M $94.1 M $304 M
2014 Est. Food, Beverages & Tobacco $38.9 M $279 M $887 M
2014 Est. Furnishings & Equipment $9.43 M $71.6 M $234 M
2014 Est. Health Care & Insurance $17.1 M $124 M $393 M
2014 Est. Household Operations & Shelter & Utilities $69.4 M $510 M $1.64 B
2014 Est. Miscellaneous Expenses $3.96 M $28.6 M $91.6 M
2014 Est. Personal Care $3.41 M $24.8 M $79.5 M
2014 Est. Transportation $46.5 M $340 M $1.09 B
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Calculated using Proportional Block Groups
Lat/Lon: 29.86006/-95.40157
6500 North Fwy1 Mile 3 Miles 5 Miles
Houston, TX
FULL PROFILE2000 - 2010 Census, 2014 Estimates with 2019 Projections
©2014, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 8/2014, TIGER Geography
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