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JACKSON PALMER CROSSING
NWC OF BUSINESS 83 AND JACKSON ROAD MCALLEN, TX
THOMAS TYNG
JACKSON PALMER CROSSING
TABLE OF CONTENTS
The information contained was obtained from sources believed reliable, However, REATA Real Estate Services, LP, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this project is submitted subject to the errors, omissions and change of price or conditions prior to lease or withdrawal.
SECTION I.. ... ... ... ... ... ... ... ... EXECUTIVE SUMMARY
SECTION II. ... ... ... ... ... ... ... ... MAPS
SECTION III ... ... ... ... ... ... ... ... AERIALS
SECTION IV... ... ... ... ... ... ... ... SITE PLAN
SECTION V ... ... ... ... ... ... ... ... RENDERING
SECTION VI... ... ... ... ... ... ... ... DEMOGRAPHICS
SECTION VII.. ... ... ... ... ... ... ... AGENCY DISCLOSURE
©REATA REAL ESTATE SERVICES, LP
JACKSON PALMER CROSSING
EXECUTIVE SUMMARY
SECTION I
LOCATION NWC of Business 83 and Jackson Road McAllen, Texas
GLA 113,942 SF 108,003 SF (Home Depot)
SIZE AVAILABLE 19,200 SF (Proposed center on hard corner) 18,000 SF (Build to Suit adjacent to Dollar Tree)
PADS Multiple pad sites available on Business 83
TRIPLE NET CHARGES CAM $1.00 PSF Taxes $1.50 PSF Insurance $0.25 PSF TOTAL $2.75 PSF
KEY TENANTS Home Depot, Staples, Dollar Tree, Ashley Furniture Nova Healthcare and Point Blank Sporting Goods
AREA RETAILERS Walmart Supercenter, Sam’s Club, Lowes, Costco, Best Buy, Ross Dress for Less, Michaels, Target, Academy, Petsmart and Marshalls
TRAFFIC COUNTS Jackson N of BUS 83 18,507 CPD (TxDOT 2014) Expressway 83 120,013 CPD (TxDOT 2014)
CONTACTS THOMAS TYNG PARTNER 210.841.3222 [email protected]
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
2016 Estimated Population 8,924 102,501 236,248
2016 Estimated Households 2,879 34,210 73,822
Daytime Population 10,576 65,151 108,128
Average Household Income $43,734 $58,132 $60,791
JACKSON PALMER CROSSING
MAPS
SECTION II
JACKSON PALMER CROSSING
JACKSON PALMER CROSSING
JACKSON PALMER CROSSING
18,5
07
CP
D
120,0
13 C
PD
336
JACKSON PALMERCROSSING
SUBJECT
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,5
07 CPD
MED
ICAL
CEN
TER
S
PAD78,183 SF
PAD72,000 SF
PAD79,937 SF
PAD49,651 SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,507 CPD
MED
ICAL
CEN
TER
S
PAD78,183SF
PAD72,000SFPAD79,937SF PAD49,651SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,507 CPD
MEDI C A LC ENTER
S
PAD
78,183 SF
PAD
72,000 SF
PAD
79,937 SF
PAD
49,651 SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
15,0
00
SF
8,000 SF
23,942 SF
12,0
00
SFHOME DEPOT
108,003 SF GARDENCENTER
21,984 SF
AVAILABLE55,000 SF
PARCEL 5
PARCEL 6
ART DAORLIAR CKS
PARCEL8A
PARCEL 9A79,937 SF
PARCEL 772,000 SF
PARCEL 12PARCEL 1A
PARCEL 2A
PARCEL 3
PARCEL 949,651 SF
PARCEL 818
,00
0 S
F(t
o b
e b
uilt
)
20
,00
0 S
F
7,000 SF7,000 SF
7,538 SF
BUSINESS 83
US EX
PWY 8
3
N J
AC
KS
ON
RD
(F
M 3
36
2)
CEDAR AVE
BUSINESS 83
4,000 SF
ME
DI
CA
LC
EN
TE
RS
7,500 SFRETAIL BUILDING
19,200 SF
PAD: 78,133 SF
PH
AR
RT
OW
N C
EN
TE
R
SECTION IV
SITE PLANS
JACKSON PALMER CROSSING
PAD: 78,133 SF
SECTION IV
SITE PLANS
JACKSON PALMER CROSSING
JACKSON PALMER RETAILPalmco Inc.
JOB NUMBER: 2951 MARCH 13, 2012
SECTION V
RENDERING
JACKSON PALMER CROSSING
DEMOGRAPHICS
SECTION VIDemographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 1 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112
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FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577-2112
PO
PU
LATI
ON
2016 Estimated Population 8,924 102,501 236,2482021 Projected Population 9,387 108,080 248,1392010 Census Population 7,884 93,015 218,6682000 Census Population 7,786 82,795 172,653Projected Annual Growth 2016 to 2021 1.0% 1.1% 1.0%Historical Annual Growth 2000 to 2016 0.9% 1.5% 2.3%
HO
US
EH
OLD
S 2016 Estimated Households 2,879 34,210 73,8222021 Projected Households 3,124 37,204 79,9982010 Census Households 2,494 30,334 66,6662000 Census Households 2,500 26,025 51,140Projected Annual Growth 2016 to 2021 1.7% 1.8% 1.7%Historical Annual Growth 2000 to 2016 0.9% 2.0% 2.8%
AG
E
2016 Est. Population Under 10 Years 19.0% 16.4% 17.3%2016 Est. Population 10 to 19 Years 14.7% 14.7% 16.2%2016 Est. Population 20 to 29 Years 14.9% 15.1% 14.7%2016 Est. Population 30 to 44 Years 16.5% 18.3% 19.4%2016 Est. Population 45 to 59 Years 14.4% 16.0% 15.9%2016 Est. Population 60 to 74 Years 12.3% 12.1% 10.9%2016 Est. Population 75 Years or Over 8.2% 7.4% 5.7%2016 Est. Median Age 31.4 32.5 30.9
MA
RIT
AL
STA
TUS
&
GE
ND
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2016 Est. Male Population 47.2% 47.9% 48.1%2016 Est. Female Population 52.8% 52.1% 51.9%
2016 Est. Never Married 31.4% 31.7% 31.4%2016 Est. Now Married 34.1% 43.2% 46.5%2016 Est. Separated or Divorced 26.0% 18.3% 16.7%2016 Est. Widowed 8.5% 6.9% 5.5%
INC
OM
E
2016 Est. HH Income $200,000 or More 1.6% 3.1% 3.3%2016 Est. HH Income $150,000 to $199,999 1.3% 2.4% 3.0%2016 Est. HH Income $100,000 to $149,999 6.4% 8.3% 9.1%2016 Est. HH Income $75,000 to $99,999 7.3% 8.8% 9.7%2016 Est. HH Income $50,000 to $74,999 11.0% 14.8% 15.9%2016 Est. HH Income $35,000 to $49,999 10.7% 13.7% 13.9%2016 Est. HH Income $25,000 to $34,999 6.7% 10.1% 11.0%2016 Est. HH Income $15,000 to $24,999 15.3% 13.4% 12.9%2016 Est. HH Income Under $15,000 39.9% 25.4% 21.2%2016 Est. Average Household Income $43,734 $58,132 $60,7912016 Est. Median Household Income $24,165 $39,115 $43,7012016 Est. Per Capita Income $14,276 $19,454 $19,033
2016 Est. Total Businesses 701 6,353 10,6142016 Est. Total Employees 10,576 65,151 108,128
JACKSON PALMER CROSSING
DEMOGRAPHICS
SECTION VIDemographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 2 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
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ion
here
in is
pro
vide
d w
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t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577-2112
RA
CE
2016 Est. White 79.3% 83.0% 84.7%2016 Est. Black 1.1% 1.1% 1.1%2016 Est. Asian or Pacific Islander 0.9% 1.5% 1.9%2016 Est. American Indian or Alaska Native 0.4% 0.4% 0.4%2016 Est. Other Races 18.4% 14.0% 12.0%
HIS
PA
NIC 2016 Est. Hispanic Population 8,133 92,088 211,863
2016 Est. Hispanic Population 91.1% 89.8% 89.7%2021 Proj. Hispanic Population 91.7% 90.5% 90.3%2010 Hispanic Population 89.8% 88.6% 88.8%
ED
UC
ATI
ON
(Adu
lts 2
5 or
Old
er)
2016 Est. Adult Population (25 Years or Over) 5,222 62,805 139,3872016 Est. Elementary (Grade Level 0 to 8) 24.1% 19.8% 19.1%2016 Est. Some High School (Grade Level 9 to 11) 10.0% 11.3% 12.2%2016 Est. High School Graduate 24.6% 24.4% 23.2%2016 Est. Some College 19.3% 19.1% 18.7%2016 Est. Associate Degree Only 3.3% 4.5% 5.1%2016 Est. Bachelor Degree Only 13.2% 15.1% 15.6%2016 Est. Graduate Degree 5.5% 5.9% 6.1%
HO
US
ING 2016 Est. Total Housing Units 3,163 37,691 80,842
2016 Est. Owner-Occupied 42.9% 49.9% 57.3%2016 Est. Renter-Occupied 48.1% 40.8% 34.1%2016 Est. Vacant Housing 9.0% 9.2% 8.7%
HO
ME
S B
UIL
T B
Y Y
EA
R 2010 Homes Built 2005 or later 9.6% 13.5% 14.2%2010 Homes Built 2000 to 2004 6.7% 9.5% 13.1%2010 Homes Built 1990 to 1999 15.7% 16.2% 18.5%2010 Homes Built 1980 to 1989 20.3% 18.2% 19.6%2010 Homes Built 1970 to 1979 16.3% 15.9% 15.6%2010 Homes Built 1960 to 1969 10.1% 10.7% 7.9%2010 Homes Built 1950 to 1959 11.4% 8.6% 5.9%2010 Homes Built Before 1949 9.8% 7.3% 5.1%
HO
ME
VA
LUE
S
2010 Home Value $1,000,000 or More 1.4% 0.7% 0.5%2010 Home Value $500,000 to $999,999 0.5% 1.4% 1.2%2010 Home Value $400,000 to $499,999 1.8% 1.6% 1.3%2010 Home Value $300,000 to $399,999 1.9% 2.3% 2.2%2010 Home Value $200,000 to $299,999 6.4% 6.8% 7.2%2010 Home Value $150,000 to $199,999 6.6% 9.3% 10.5%2010 Home Value $100,000 to $149,999 10.1% 16.0% 18.5%2010 Home Value $50,000 to $99,999 43.5% 40.1% 39.7%2010 Home Value $25,000 to $49,999 17.3% 14.8% 12.8%2010 Home Value Under $25,000 10.4% 7.0% 6.1%2010 Median Home Value $75,133 $92,070 $94,8472010 Median Rent $403 $517 $533
JACKSON PALMER CROSSING
DEMOGRAPHICS
SECTION VIDemographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 3 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577-2112
LAB
OR
FO
RC
E
2016 Est. Labor Population Age 16 Years or Over 6,403 76,411 171,8352016 Est. Civilian Employed 51.4% 55.2% 55.7%2016 Est. Civilian Unemployed 3.6% 3.1% 3.3%2016 Est. in Armed Forces 0.1% - - 2016 Est. not in Labor Force 44.9% 41.6% 40.9%2016 Labor Force Males 45.4% 46.7% 47.0%2016 Labor Force Females 54.6% 53.3% 53.0%
OC
CU
PA
TIO
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2010 Occupation: Population Age 16 Years or Over 2,700 35,193 83,9742010 Mgmt, Business, & Financial Operations 9.3% 11.0% 10.9%2010 Professional, Related 13.4% 18.9% 19.9%2010 Service 28.8% 24.2% 22.6%2010 Sales, Office 30.4% 27.8% 27.5%2010 Farming, Fishing, Forestry - 0.8% 0.5%2010 Construction, Extraction, Maintenance 11.0% 9.3% 9.8%2010 Production, Transport, Material Moving 7.1% 8.1% 8.7%2010 White Collar Workers 53.1% 57.7% 58.4%2010 Blue Collar Workers 46.9% 42.3% 41.6%
TRA
NS
PO
RTA
TIO
NTO
WO
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2010 Drive to Work Alone 77.2% 78.8% 80.0%2010 Drive to Work in Carpool 14.4% 12.4% 11.8%2010 Travel to Work by Public Transportation 1.5% 0.6% 0.6%2010 Drive to Work on Motorcycle - 0.4% 0.2%2010 Walk or Bicycle to Work 1.5% 2.2% 1.9%2010 Other Means 1.7% 1.4% 1.5%2010 Work at Home 3.7% 4.1% 4.2%
TRA
VE
L TI
ME 2010 Travel to Work in 14 Minutes or Less 47.5% 41.0% 36.1%
2010 Travel to Work in 15 to 29 Minutes 42.1% 43.8% 47.4%2010 Travel to Work in 30 to 59 Minutes 7.0% 13.1% 14.0%2010 Travel to Work in 60 Minutes or More 3.4% 2.2% 2.5%2010 Average Travel Time to Work 14.5 15.8 16.7
CO
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ND
ITU
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2016 Est. Total Household Expenditure $114 M $1.63 B $3.64 B2016 Est. Apparel $4.00 M $57.2 M $128 M2016 Est. Contributions, Gifts $6.92 M $104 M $233 M2016 Est. Education, Reading $4.31 M $61.2 M $137 M2016 Est. Entertainment $6.16 M $90.1 M $202 M2016 Est. Food, Beverages, Tobacco $18.1 M $257 M $571 M2016 Est. Furnishings, Equipment $3.63 M $53.7 M $120 M2016 Est. Health Care, Insurance $10.3 M $146 M $323 M2016 Est. Household Operations, Shelter, Utilities $35.6 M $510 M $1.13 B2016 Est. Miscellaneous Expenses $1.69 M $24.3 M $53.7 M2016 Est. Personal Care $1.49 M $21.3 M $47.4 M2016 Est. Transportation $21.3 M $310 M $693 M
JACKSON PALMER CROSSING
AGENCY DISCLOSURE
SECTION VII
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 informaton 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 listng 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 partes 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 writng to do so by the party, disclose:› that the owner will accept a price less than the
written asking price;› that the buyer/tenant will pay a price greater than
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 AGREEMENTS 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.
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate licensees 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
License Number Email PhoneREATA Real Estate Services, LP 9002891 [email protected] 210.930.4111
Designated Broker of Firm License Number Email PhoneThomas C. Tyng, Jr. 0406718 [email protected] 210.930.4111
Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov IABS 1-0 02/16/16
Buyer/Tenant/Seller/Landlord Initials Date
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone