Spec`s Liquor - Retail Solutions

Transcription

Spec’s Liquor dba Feldmen’s Liquor
FOR SALE: SINGLE TENANT NET LEASED INVESTMENT
4500 E 14th Street | Brownsville, Texas 78521
SPEC’S LIQUOR STNL FOR SALE
AREA RETAILERS
• Located on hard corner of a high traffic intersection with exposure to
28,369 VPD on 14th St & 32,136 VPD on Boca Chica Blvd
• Less than 2 miles away from the Brownsville/South Padre Island
International Airport
• Freestanding building
• Great exposure and visibility
• Signalized intersection
•
Charlie Roof - 210.722.6290
charlie@retailsolutions.us
For More Information:
www.retailsolutions.us
The information contained herein was obtained from sources deemed reliable; however, Retail Solutions makes no guaranties, warranties or representations to the completeness or accuracy thereof. The presentation of this
real estate information is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice. Retail Solutions, which provides real estate brokerage services, is a division of Reliance Retail, LLC, a
Texas Limited liability company.
Confidential Memorandum and Disclaimer
Please note that the use of this Offering Memorandum and the Information (“Information”) provided is subject to
the terms, provisions and limitations of the confidentiality agreement which we have provided to you (“Buyer”)
and requested an executed copy.
Brokerage Relationships: By taking possession of and reviewing the information contained herein, Buyer
acknowledges that the Listing Team of Retail Solutions (“Brokers”) are acting as Seller’s Agent in the disposition
assignment for the property. Buyer acknowledges receipt of the form entitled Information About Brokerage
Services.
Non-disclosure of Information: By taking possession of and reviewing the Information contained herein, Buyer
agrees not to disclose, permit the disclosure of, release, disseminate or transfer any of the Information obtained
from Broker or the Property owner (“Owner”) to any other person or entity except as permitted herein. Buyer
shall take all appropriate precautions to limit the dissemination of the Information only to those persons within
the firm who need to know the Information. The phrase “within the firm” shall be deemed to include outside
attorneys, accountants and investors.
Disclaimer and Waiver: By taking possession of and reviewing the Information contained herein, Buyer understands
and acknowledges that neither Brokers nor Owner make any representations or warranty, expressed or implied,
as to the accuracy or completeness of any Information provided. Neither the Broker or the Owner shall have
any liability whatsoever for the accuracy or completeness of the Information contained herein or any other
written or oral communication or Information transmitted or made available or any action taken or decision
made by the Buyer with respect to the Property. Buyer understands and acknowledges that they should make
their own investigations, projections and conclusions without reliance upon the Information contained herein.
Buyer assumes full and complete responsibility for confirmation and verification of all information received and
expressly waives all rights of recourse against Owner, Brokers and Retail Solutions.
The information contained herein was obtained from sources deemed reliable; however, Retail Solutions makes no guaranties, warranties or representations to the completeness or accuracy
thereof. The presentation of this real estate information is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice. Retail Solutions, which provides real
estate brokerage services, is a division of Reliance Retail, LLC, a Texas Limited liability company.
Investment Summary
Price
Capitalization Rate
Terms
PROPERTY INFORMATION
Property Address
Location
County
Gross Leasable Area
Lot Size
4500 E 14th Street
Brownsville, TX 78521
On the East side of the
lighted intersection
commonly referred to as
Four Corners (Hwy 4, Hwy
48, Padre Island Hwy and
14th St)
Cameron
4,000 sf
0.3610 acres
Occupancy
100%
Year of Construction
2007
Lease Type
NNN
(Landlord responsible for
roof & structure)
Property Highlights
• 100% NNN leased to Spec’s Liquor dba
Feldmen’s Liquor
• Located at a signalized intersection
• Adjacent to national and regional retailers
including:
- Home Depot
- Walgreens Pharmacy
- CVS Pharmacy
- Chick-Fil-A
- McDonald’s
- Dairy Queen
- IBC Bank
• Traffic Counts:
- 28,369 VPD on 14th St
- 32,136 VPD on Boca Chica Blvd
(TrafficMetrix 2014)
Tenant Information
• Locations: 150 Locations in Texas
• Company Web Site: http://www.specsonline.com/
• Privately Held Company
Owned and operated by the same Houston family since 1962, Spec’s is a true destination shopping
experience. Spec and Carolynn Jackson began their venture into the liquor business with a small
store around 1000 sq ft selling pints and half pints of liquor. Over the years they diligently worked
to open more locations and expanded to include larger bottles of liquor and then beer. In 1971
their daughter Lindy and son in law John joined the business upon college graduation. John and
Lindy learned the business from the ground up and together the four put Spec’s into the spotlight
of the world. With the introduction of wines in 1974, John Rydman turned everybody’s heads with
the breadth of wine selection and pricing offered in Houston. John’s love of all things wine is at
the forefront of our wine departments to this day. Spec’s entered the food business with po-boy
sandwiches, crackers and cheese in the late ‘80’s because customers asked and we responded. We
haven’t stopped since! In 1995, the business grew once more with the addition of third generation
family member Lisa Rydman. Today we have over 150 locations all over the great state of Texas.
We proudly serve the communities of Houston, Beaumont, Austin, Galveston, Victoria, Temple, San
Antonio, Corpus Christi, Bryan-College Station, Dallas, Fort Worth, Plano, El Paso, McAllen, Brownsville, Lubbock, Waco, Kerrville and Padre Island. We offer the best selection of wines, spirits, beers,
liqueurs, cigars and in our larger stores, fine gourmet foods.
The Warehouse Store in downtown Houston is the crown jewel of our operation. With over 40,000
labels Spec’s indeed fills all 80,000 sq feet of selling space. Our walk-in humidor offers over 900
cigars- more than many tobacconist shops. Our deli offers the finest in deli meats, pates, domestic
and imported cheeses, fresh caviar, and a complete assortment of domestic and imported smoked
fish and salmon, not to mention our made- to-order sandwiches, salad bar, fresh baked breads,
party trays and so much more! We roast our own coffee beans and offer over 100 different coffees.
We have teas from around the world and all the necessary accompaniments.
We also offer a huge selection of glassware, decanters, barware, gift bags, refrigerators-you name
it. You have to see it to believe it!
Source: Spec’s Website (http://www.specsonline.com/)
Close-up Aerial
Site Plan
Retail Aerial
About Brownsville
The city of Brownsville, located directly on the Mexican border, is Texas’
southernmost city. An international bridge connects the city to Matamoros,
Mexico. Brownsville is the county seat of Cameron County and is the major
manufacturing center of the Rio Grande Valley. The city is serviced by
U.S. Routes 77, 83, and 281; and has its own general aviation airport, the
Brownsville/South Padre Island International Airport. Brownsville is situated
about 275 miles southeast of San Antonio and 165 miles south of Corpus Christi.
Source: City Town Info (http://www.citytowninfo.com/places/texas/brownsville)
Top Employers
Brownsville Independent School District Education 7,670
Cameron County Government 1,950
UT Rio Grande Valley Education 1,734
Keppel Amfels Manufacturing 1,650
Wal-Mart Retail 1,413
Abundant Life Home Health Medical/Healthcare 1,300
City of Brownsville Government 1,227
Caring For You Home Health Medical/Healthcare 1,200
H-E-B Grocery Retail 975
Source: Brownsville Economic Development Council (http://www.bedc.com/workforce)
Location Map
Pitney Bowes Software, Inc.
Updated Summary Report
4/21/2016 9:43:31 PM
For:
4500 East 14th Street Brownsville, Texas, 78521
Demographics
Longitude: -97.465643
Latitude: 25.92072330
1 mi
Ring
Population Trend
2000
2010
2015
2020
Total
Total
Total
Total
Population
Population
Population
Population
Households Trend
2000
2010
2015
2020
Total
Total
Total
Total
Households
Households
Households
Households
Population Change Trend
2000
2000
2010
2015
to 2010
to 2015
to 2020
to 2020
Population Change
Population Change
Population Change
Population Change
Household Change Trend
2000
2000
2010
2015
to 2010
to 2015
to 2020
to 2020
Household Change
Household Change
Household Change
Household Change
2015 Race
White alone
Black or African American alone
American Indian and Alaska Native alone
Asian alone
Native Hawaiian and OPI alone
Some Other Race alone
Two or More Races
2015 Income
Per Capita Income
Household Income: Median
Household Income: Average
Average household size
Total Daytime Population
Total Employee Population
Total Daytime at Home Population
Total Employee Population (% of Daytime Population)
Total Daytime at Home Population (% of Daytime Population)
3 mi
Ring
5 mi
Ring
10,572
10,534
10,548
10,204
99,869
105,941
108,666
108,009
152,385
177,738
183,742
185,792
3,011
3,194
3,184
3,165
27,217
30,903
31,349
32,040
41,005
50,103
51,258
53,342
-.4%
-.2%
-3.1%
-3.3%
6.1%
8.8%
2.0%
-.6%
16.6%
20.6%
4.5%
1.1%
6.1%
5.7%
-.9%
-.6%
13.5%
15.2%
3.7%
2.2%
22.2%
25.0%
6.5%
4.1%
86.8%
.4%
.4%
.5%
.0%
10.2%
1.7%
87.2%
.5%
.3%
.6%
.0%
9.6%
1.7%
87.6%
.5%
.3%
.6%
.0%
9.2%
1.7%
$12,132
$28,121
$40,885
$12,377
$28,027
$42,441
$13,024
$31,159
$46,276
3.4
3.4
3.6
14,406
7,307
7,099
50.7%
49.3%
118,527
45,140
73,387
38.1%
61.9%
184,812
62,899
121,913
34.0%
66.0%
11-2-2015
Information About Brokerage Services
Texas law requires all real estate license holders to give the following informaƟon about
brokerage services to prospecƟve buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS:
.
• A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker;
• Answer the client’s quesƟons and present any offer to or counter-offer from the client; and
• Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes
above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including
informaƟon 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
wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any
material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or
seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen
agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or
underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:
• Must treat all parƟes to the transacƟon imparƟally and fairly;
• May, with the parƟes' wriƩen 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 instrucƟons of each party to the transacƟon.
• Must not, unless specifically authorized in wriƟng to do so by the party, disclose:
ᴑ that the owner will accept a price less than the wriƩen asking price;
ᴑ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen offer; and
ᴑ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng 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 transacƟon 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for
you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.
Reliance Retail LLC OR Texas RS LLC dba "Retail Solutions "
Licensed Broker /Broker Firm Name or
Primary Assumed Business Name
David J. Simmonds OR David Schoenemann
Designated Broker of Firm
603091 OR 9003193
License No.
459263 OR 395427
License No.
David J. Simmonds OR David Schoenemann
459263 OR 395427
Licensed Supervisor of Sales Agent/
Associate
License No.
Sales Agent/Associate’s Name
License No.
leads@retailsolutions.us
512-474-5557
Email
Phone
512-474-5557
Email
Phone
512-474-5557
Email
Phone
Email
Phone
Buyer/Tenant/Seller/Landlord Initials
Regulated by the Texas Real Estate Commission
Date
InformaƟon available at www.trec.texas.gov
IABS 1-0

Spec`s Liquor - Retail Solutions

Transcription

Similar documents

College Prep 8/23/2013 - IDEA Public Schools / Homepage

Seven for All Mankind

1061 east 102nd street | canarsie | sale | $475000

Locke Real Estate Inc., Brokerage Brochure - 1480 Gaultois

fairmeadows shopping center

highway 77 land - Retail Solutions

keystone plaza - Retail Solutions

colDWater creeK - Retail Solutions

stonehollow place - Retail Solutions