VALUATION ANALYSIS & DISPOSITION PROPOSALimages2.loopnet.com/d2/cHW3pUV8Hp56t4M2J0...VALUATION ANALYSIS & DISPOSITION PROPOSAL 123 East William Joel Bryan | Bryan, Texas Bryan / College

RETAIL CENTER COMING SOON895 William D. Fitch Parkway College Station, Texas 77845

~4,050 SF END CAP | FOR LEASE

VALUATION ANALYSIS & DISPOSITION PROPOSAL123 East William Joel Bryan | Bryan, Texas

Bryan / College Station2800 South Texas Avenue, Suite 401

Bryan, Texas 77802O: 979.268.2000

Houston7102 West Sam Houston Parkway N, Suite 230

Houston, Texas 77040O: 281.256.2300

San Antonio / South Texas200 East Grayson Street, Suite 102

San Antonio, Texas 78215O: 210.404.4600

www.OldhamGoodwin.com

Property Highlights• Estimated January 1st, 2018 delivery date

• ~6,300 SF retail building with ~4,050 SF end cap (will divide)

• Hard corner, signalized intersection of Arrington Road and Hwy 40 (William D. Fitch Parkway)

• Excellent visibility & easy access to Hwy 40

• Situated in south College Station’s high growth corridor & surrounded by high-income rooftops

• Located in a ~75 AC, H-E-B anchored, master-planned mixed-use development

PROPERTY SUMMARY • DEMOGRAPHICS • IABS


Brett BoatnerAssociate | Retail Services

O: 979.268.2000 | C: [email protected]


Jody SlaughterManaging Director | Corporate Services

O: 979.268.2000 | C: 713.927.1157 [email protected]

Property AttributesGross Leasable Area: ~6,300 SFSite Size: ~55,229 SF Zoning: GC - General CommercialParking: 44 Surface Parking Spaces

Traffic Counts On Highway 6 & William D. Fitch: ~60,989 VPDOn William D. Fitch: ~18,674 VPD(per TXDOT 2015)

Subject Property Adjacent Retail

Adjacent Retail








Aerial

Highway 6 ~60,989 VPD

Subject Property

William D. Fitch Parkway (Highway 40) ~18,674 VPD








Site Plan

Suite Availability SF

100 Starbucks ~2,250200 Available - End Cap (will divide) ~4,050

Available~4,050 SF








Demographic Profile

1 Mile 3 Mile 5 Mile

2017 Total Population 4,168 32,007 73,499

2022 Total Population 4,868 36,494 82,320

2017-2022 Annual Growth Rate 3.15% 2.66% 2.29%

2017 Households 1,409 11,304 28,361

2022 Households 1,649 12,871 31,665

2017 Average Home Value $295,000 $308,957 $283,556

2022 Average Home Value $320,368 $343,840 $329,092

2017 Average HH Income $102,143 $93,694 $55,604

2022 Average HH Income $106,351 $102,912 $65,006

H I G H WA Y 6 & W I L L I A M D . F I T C H

O V E R 6 0 , 0 0 0 V E H I C L E S P E R D AY

(TxDOT AADT 2015)

T O TA L P O P U L A T I O N O FO V E R 7 3 , 0 0 0

W I T H I N F I V E M I L E R A D I U S(ESRI 2017)

T O TA L H O U S E H O L D SO V E R 2 8 , 0 0 0

W I T H I N F I V E M I L E R A D I U S(ESRI 2017)

A V E R A G E H H I N C O M E

O V E R $ 1 0 3 , 0 0 0 W I T H I N O N E M I L E R A D I U S

(ESRI 2017)

T O TA L E M P L O Y E E S

O V E R 2 0 , 0 0 0 W I T H I N F I V E M I L E R A D I U S

(ESRI 2017)

A V E R A G E H O M E V A L U E

O V E R $ 3 0 8 , 0 0 0 W I T H I N T H R E E M I L E R A D I U S

(ESRI 2017) Sources: Infogroup, Inc & ESRI



Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Licensed Broker/Broker Firm Name or Primary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

Regulated by the Texas Real Estate CommissionTAR 2501

Information available at www.trec.texas.govIABS 1-0

Email

Email

Email

Email

Licensed No.

Licensed No.

Licensed No.

Licensed No.

Buyer / Tenant / Seller / Landlord Initials

Phone

Phone

Phone

Phone

Date

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

clients 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 agree-ment. 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 be-tween the parties the broker must fi rst 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 transac-tion.

• Must not, unless specifi cally authorized in writing to do so by the party, disclose: » that the owner will accept a price less than the written ask-

ing price; » that the buyer/tenant will pay a price greater than the price

submitted in a written offer; and » any confi dential information or any other information that

a party specifi cally 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 thebuyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner fi rst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO-KER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obli-gations under the representation agreement.

• Who will pay the broker for services provided to you, when pay-ment 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.

Oldham Goodwin Group, LLC 532457 [email protected] (979) 268-2000

INFORMATION ABOUT BROKERAGE SERVICES


Bryan / College Station2800 South Texas Avenue, Suite 401

Bryan, Texas 77802O: 979.268.2000

Houston7102 West Sam Houston Parkway N, Suite 230

Houston, Texas 77040O: 281.256.2300

San Antonio / South Texas200 East Grayson Street, Suite 102

San Antonio, Texas 78215O: 210.404.4600


© Oldham Goodwin Group, LLC. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors, which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investiga-tion of the property to determine to your satisfaction the suitability of the property for your needs.

OLDHAM GOODWIN GROUP

For More Information About This Property, Please Contact




O: 979.268.2000 | C: 903.573.4165E: [email protected]

Documents

VALUATION ANALYSIS & DISPOSITION PROPOSALimages2.loopnet.com/d2/cHW3pUV8Hp56t4M2J0...VALUATION ANALYSIS & DISPOSITION PROPOSAL 123 East William Joel Bryan | Bryan, Texas Bryan / College