GARDEN DISTRICT SHOPPING VILLAGE · SVN | Trinity Advisors|3000 Race Street, Suite 100, Fort Worth,...
Transcript of GARDEN DISTRICT SHOPPING VILLAGE · SVN | Trinity Advisors|3000 Race Street, Suite 100, Fort Worth,...
SVN | Trinity Advisors | 3000 Race Street, Suite 100, Fort Worth, TX 76111 LEASE BROCHURE
GARDEN DISTRICTSHOPPINGVILLAGE1905 TULANE DRLUFKIN, TX 75901
James Blake, CCIMManaging [email protected]
Jeff WatsonLeasing [email protected]
OFFERING SUMMAROFFERING SUMMARYY
Available SF: 12,225 SF
Lease Rate: $14.00 SF/yr (NNN)
Lot Size: 3.43 Acres
Year Built: 2006
Building Size: 36,880
Zoning: LB-Local Business
Located in the major retail corridor of Lufkin, TX, which is in a high growth area of Texas. National tenants includePetsmart and AT&T. It is adjacent to Home Depot.
PROPERPROPERTTY OY OVERVERVIEWVIEW
PROPERPROPERTTY HIGHLIGHTSY HIGHLIGHTS
• Ease of access
• Great visibility
• Located in the heart of Lufkin's retail corridor
• Newer construction - 2006
• Traffic count of over 57,000 vehicles per day
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Executive Summary
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Additional Photos
GARDEN DISTRICT SHOPPING VILLAGE | 1905 TULANE DR LUFKIN, TX 75901 SVN | Trinity Advisors | Page 4
Location Maps
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POPULAPOPULATIONTION 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES
Total population 2,935 46,427 72,393
Median age 37.0 34.9 35.3
Median age (male) 34.0 33.1 34.0
Median age (Female) 39.3 36.7 36.6
HOUSEHOLDS & INCHOUSEHOLDS & INCOMEOME 1 MILE1 MILE 5 MILES5 MILES 10 MILES10 MILES
Total households 1,137 17,312 26,646
# of persons per HH 2.6 2.7 2.7
Average HH income $63,251 $56,511 $55,730
Average house value $161,079 $128,077 $113,268
* Demographic data derived from 2010 US Census
Demographics Map
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Aerial Map
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Aerial Map - Closeup
LLUFKIN, TXUFKIN, TX
Located in Angelina County at the intersection of U.S Highways 69 and 59 and serves as the county seat. Lufkin is the commercial hub of the 12-county rural market regionand serves over 300,000 residents. The City has a land area of 34.02 square miles and a population of 36,085 with an estimated 145,000 labor force. Lufkin prides itself onbeing a pro-industry community which offers highly skilled workers, job training assistance, health care, technical, and industrial training programs, economic developmentincentives, and expedited building permits.
TTOP EMPLOP EMPLOOYERSYERS
Brookshire Brothers LTD Pilgrim's Pride
Lufkin Industries Angelina College
Lufkin ISD Burke Center
Lufkin State School Wal-Mart
Memorial Health System
CITCITY HIGHLIGHTSY HIGHLIGHTS
• Most recent Annual Financial Report shows significant sales tax revenues from 2014 to 2015
• In 2015, the city of Lufkin had an "Aa2" rating with Moody and a "AA" rating from Standard & Poor's for
general obligation debt and the revenue bonds of the Water and Sewer Utility
• The Planning and Zoning office has experienced a steady level of activity during the year, and they anticipate
the activity to remain in the fiscal year.
• The unemployment rate for the City in 2015, according to Texas Workforce statistics, was 5.6%, a 1%
decrease for 2014. The unemployment rate for Angelina County is 5.6%, a decrease of 1.4%. The 2015
national unemployment rate per the Bureau of Labor Statistics was 5.7%.
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City Information
3000 Race Street, Suite 100Fort Worth, TX 76111T [email protected] #340987
PROFESSIONAL BPROFESSIONAL BAACKCKGROUNDGROUND
James Blake, CCIM serves as Senior Advisor for SVN | Trinity Advisors, specializing in multi-tenant retail shopping centers,freestanding single tenant retail buildings and industrial properties. With more than 30 years of Dallas/Fort Worthcommercial real estate market experience, Blake has combined sales and leases in excess of $470 million. While Blake'sshopping center and industrial clients are all across the United States, his focus is retail and industrial income producingproperties in the Dallas/Fort Worth metroplex area.
Blake began his commercial real estate career in 1985 with the Henry S. Miller Company. Blake teamed up with FidelityAsset Management (FAM), a local commercial real estate asset management company, for six years. FAM focused onbank owned real estate and government owned real estate (FDIC, RTC). The company was responsible for management,leasing and disposition of assets. Blake also served as president of Butler Commercial Realty assisting local industrialand retail buyers and sellers for eight years. In 2013 James Blake was named Charles D. Tandy Commercial Realtor of theYear.
As an involved commercial real estate Advisor, Blake has served as region three representative for the Texas Associationof Realtors Commercial Investment Division. He has also served as chairman of the Society of Commercial Realtors inFort Worth, Texas. In addition, Blake is an active member of the community serving on several civic boards.
Blake holds a Certified Commercial Investment Member (CCIM) designation and has earned a bachelor's degree in realestate finance from Texas Tech University, Lubbock, Texas.
JAMES BLAKE, CJAMES BLAKE, CCIMCIM
Managing Director
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James Blake Bio & Contact
3000 Race Street, Suite 100Fort Worth, TX 76111T 817.288.5514C [email protected]
PROFESSIONAL BPROFESSIONAL BAACKCKGROUNDGROUND
Jeff Watson joins SVN | Trinity Advisors as its newest Leasing Advisor. With over three years experience in the real estateindustry, Watson has developed a passion for retail leasing. He comes to SVN | Trinity Advisors from RadioShack, wherehe was responsible for negotiating store leases, renewals, relocations and closures in four regions for the company. Priorto that, he worked as an associate for a Fort Worth commercial real estate firm. He has a bachelor's degree from theUniversity of Arkansas.
JEFF WJEFF WAATSONTSON
Leasing Advisor
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Jeff Watson Bio & Contact
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with client on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material information about the property or transaction received by the broker;• Answer the client’s questions and present any offer to or counter-offer from the client; and• Treat all parties to a real estate transaction honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement/ A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to,
and carry out the instructions of each party to the transaction.• Must not, unless specifically authorized in writing to do so by the party, disclose:
• That the owner will accept a price less that the written asking price;• That the buyer/tenant will pay a price greater that the price submitted in a written offer; and• Any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENT BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
Licensed Broker / Broker Firm Name or Primary Assumed Business Name License Number Email Phone
Designated Broker of Firm License Number
License Number
Phone
Phone Sales Agent / Associate’s Name
DFW Trinity Advisors, LLC
Stephen H. Fithian
9004520
0407418
624701
817-288-5525
817-288-5524
License Number Email Phone Licensed Supervisor of Sales Agent / Associate
Jeff Watson
James Blake 340987 [email protected] 817-288-5508
817-288-5514
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Information About Brokerage Services