Shops at Victoria

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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management SEQ Highway 59 Business & Delmar Drive | Victoria, TX Heather Nguyen | Rebecca Le | 281.477.4300 Shops at Victoria 9,520 SF Retail Building Available For Lease in Front of New Walmart

Transcript of Shops at Victoria

Page 1: Shops at Victoria

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

SEQ Highway 59 Business & Delmar Drive | Victoria, TX

Heather Nguyen | Rebecca Le | 281.477.4300

Shops at Victoria

9,520 SF Retail Building Available For Lease in Front of New Walmart

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RetaileRs

59

Airlin

e Rd

FUTURE

69

59

BUSINESS

59

BUSINESS

463

185

77

BUSINESS

87

Houston HwyZac Lentz Pkwy

Downtown

VictoriaRegionalAirport

Sam Houston Dr

Del

mar

Dr

John Stockbauer Dr

Demographics

■ Active Population:

» 2 Mile: 23,973

» 3 Mile: 51,443

» 5 Mile: 70,621

■ Residential Count:

» 2 Mile: 8,961

» 3 Mile: 19,190

» 5 Mile: 26,794

■ Average Household Income:

» 2 Mile: $64,013

» 3 Mile: $58,429

» 5 Mile: $61,433

■ Growth Since 2010 Census:

» 2 Mile: 10.94%

» 3 Mile: 21.96%

» 5 Mile: 20.69%

Victoria

Corpus Christi

FUTURE

69E

FUTURE

69

FUTURE

69W

35

69E

37

Gulf of Mexico

35

Goliad

To Brownsville ▼

Beeville

To Houston ▲ To Houston ▲

◄ To San Antonio

FUTURE

69E

FUTURE

69W

◄ To Laredo

37

PortLavaca

Palacios

To Austin ▲

Refugio

Sinton

Ingleside

Rockport

77

77

87

183

183 59

59

59

181

181

181

35

185

44358

SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

This property is situated in front of the new Walmart development

which has sparked the trend in retailers beginning to expand along

the eastern corridor of Houston Highway (US 59T Business).

Victoria is a hub of distribution, logistical, petrochemical, and

industrial activity that services a large portion of south Texas known

as “The Golden Crescent.” Also home to the Eagle-Ford shale

oil and gas exploration project, the area is poised to become the

epicenter of energy-related growth. Victoria was named one of the

Top Ten Small Southern Markets of 2015 by Southern Business &

Development.

Located at the “South Texas Crossroads,” this site is positioned near

Interstate 69 (also known as the NAFTA Superhighway. This corridor

links three major ports of entry from Mexico to the larger cities of

Houston, San Antonio, and Austin, as well as the American Mid-West

and Canada once the project is completed.

This property is approximately one mile from the new Caterpillar

hydraulic excavator manufacturing facility which spans 600,000 SF

and will employ 800 people at peak operation.

Also along Business 59, there is Victoria College (9,067 students),

The University of Houston – Victoria (4,330 students) and Citizen’s

Medical Center - a 344 bed, acute care regional hospital.

Traffic Counts:

• 25,000 cars per day on Highway 59 Business (2011 counts)

Traffic Counts:

• Victoria ISD (2,165)

• The Interplast Group (1,975)

• Formosa Plastic (1,663)

• Citizens Medical Center (1,127)

• DeTar Healthcare System (939)

• DOW – Seadrift Operations (600)

• INVISTA (600)

• Ranstad (600)

• Alcoa (599)

• Calhoun ISD (597)

Heather Nguyen 281.477.4358 [email protected]

Rebecca Le 281.477.4327 [email protected]

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SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

SITE AERIAL

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SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

SITE AERIAL

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SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

SITE AERIAL

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MATTRESS ONE3,000 SF

DENTIST2,450 SF

AT&T1,560 SF

AVAILABLE2,500 SF

site Plan

SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

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FUTURE

69E

FUTURE

69

BUSINESS

BUSINESS

01 SCALE: 1/8" = 1'-0"

WEST ELEVATION

02 SCALE: 1/8" = 1'-0"

NORTH ELEVATION 03 SCALE: 1/8" = 1'-0"

SOUTH ELEVATION

04 SCALE: 1/8" = 1'-0"

EAST ELEVATION

SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

elevation tRade aRea MaP

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2.00 Mi 3.00 Mi 5.00 Mi DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 8,077 15,734 22,200Route Active Residential Count 8,961 19,190 26,794 Census 2010 Average Persons per Household 2.67 2.67 2.62 Census 2010 Population 21,913 42,761 59,609Recalculated Route Lower range 23,968 51,264 70,302Active Population Upper range 23,973 51,443 70,621Census Households vs Route Residential Count 10.94% 21.96% 20.69%

RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 8,961 19,190 26,794Active Residential Count 8,954 19,169 26,772Active Residential Delivery 8,839 17,495 24,363Active Residential Box 115 1,674 2,408Additional Active General Delivery Count 7 21 22Total Possible Residential Count 9,258 20,289 28,902Additional Possible General Delivery Count 7 21 22 Census 2010 Households 8,077 15,734 22,200 Population in Households 21,604 42,033 58,2481 Person Household 24.14% 25.85% 26.69%2 Person Household 31.90% 30.51% 31.44%3 Person Household 17.60% 17.20% 16.56%4 Person Household 14.03% 13.51% 12.87%5 Person Household 6.92% 7.13% 6.98%6 or More Person Household 5.41% 5.80% 5.46%Population in Group Quarters 309 729 1,361Correctional Facilities - Adult - 0.91% 30.06%Correctional Facilities - Juvenile 0.41% 8.65% 4.63%Nursing Facilities 50.55% 50.15% 35.12%College/University Student Housing - - - Military Quarters - - - Other Facilities 49.04% 40.30% 30.19% Total Housing Units 8,635 17,211 24,433Occupied housing units 93.53% 91.42% 90.86%Owner-Occupied Housing Units 64.68% 57.43% 57.71%Renter-Occupied Housing Units 35.32% 42.57% 42.29%

BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 51 232 353Active Business Deliveries 610 2,271 3,659Possible Business Deliveries 743 2,591 4,230Active vs Possible Business Deliveries 21.87% 14.12% 15.60%

Delivery Statistics as of 6/15

2.00 Mi 3 .00 Mi 5.00 Mi POPULATION2015 Estimated Population 22,891 44,591 61,9152020 Projected Population 23,153 45,137 62,6362010 Census Population 22,772 43,704 60,3922000 Census Population 21,837 42,372 58,969 Projected Annual Growth 2015 to 2020 0.2% 0.2% 0.2%Historical Annual Growth 2000 to 2015 0.3% 0.3% 0.3% AGE2015 Median Age 34 33.1 34.1

HOUSEHOLDS2015 Estimated Households 8,641 16,879 23,5442020 Projected Households 8,909 17,413 24,2702010 Census Households 8,428 16,197 22,4982000 Census Households 7,867 15,427 21,437 Projected Annual Growth 2015 to 2020 0.6% 0.6% 0.6%Historical Annual Growth 2000 to 2015 0.7% 0.6% 0.7%

RACE AND ETHNICITY2015 Estimated White 74.4% 73.6% 74.7%2015 Estimated Black or African American 9.0% 9.0% 8.5%2015 Estimated Asian or Pacific Islander 2.2% 1.7% 1.7%2015 Estimated American Indian or Native Alaskan 0.5% 0.6% 0.6%2015 Estimated Other Races 13.8% 15.1% 14.5% 2015 Estimated Hispanic 47.3% 52.1% 50.2%

INCOME2015 Estimated Average Household Income $64,013 $58,429 $61,4332015 Estimated Median Household Income $57,963 $50,149 $51,0892015 Estimated Per Capita Income $24,281 $22,242 $23,573

EDUCATION (AGE 25+)2015 Estimated Elementary (Grade Level 0 to 8) 10.4% 13.4% 13.2%2015 Estimated Some High School (Grade Level 9 to 11) 15.2% 17.3% 17.5%2015 Estimated High School Graduate 25.3% 25.1% 24.5%2015 Estimated Some College 21.8% 20.8% 20.6%2015 Estimated Associates Degree Only 8.3% 7.1% 6.8%2015 Estimated Bachelors Degree Only 10.4% 8.9% 9.3%2015 Estimated Graduate Degree 8.7% 7.4% 8.2%

BUSINESS2015 Estimated Total Businesses 824 2,320 3,5442015 Estimated Total Employees 8,790 21,985 37,3702015 Estimated Employee Population per Business 10.7 9.5 10.52015 Estimated Residential Population per Business 27.8 19.2 17.5

2000 - 2010 Census, 2015 Estimates with 2020 Projections Calculated using Proportional Block Groups

SEQ Highway 59 Business & Delmar Drive | Victoria, Texas

Shops at Victoria

POSTAL SUMMARY

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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040-5383 | 281.477.4300

newquest.com

The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. Rev. 10/15/15 TN

Information About Brokerage ServicesApproved by the Texas Real Estate Commission for Voluntary Use Texas law requires

all real estate licensees to give the following information about brokerage services to

prospective buyers, tenants, sellers and landlords.

Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If

you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

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

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement.

A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:

(1) shall treat all parties honestly;

(2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner;

(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless

authorized in writing to disclose the information or

required to do so by The Texas Real Estate License

Act or a court order or if the information materially

relates to the condition of the property.

With the parties’ consent, a broker acting as an

intermediary between the parties may appoint a

person who is licensed under The Texas Real Estate

License Act and associated with the broker to

communicate with and carry out instructions of one

party and another person who is licensed under that

Act and associated with the broker to communicate

with and carry out instructions of the other party.

If you choose to have a broker represent you, you

should enter into a written agreement with the broker

that clearly establishes the broker’s obligations and

your obligations. The agreement should state how

and by whom the broker will be paid. You have the

right to choose the type of representation, if any,

you wish to receive. Your payment of a fee to a

broker does not necessarily establish that the broker

represents you. If you have any questions regarding

the duties and responsibilities of the broker, you

should resolve those questions before proceeding.

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

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K / 10-10-11