FOR SALE - Henry S. Miller

Transcription

FOR SALE
RETAIL INVESTMENT
1430 LEE TREVINO | EL PASO, TEXAS
PROPERTY DETAILS
Fully Leased
ASKING PRICE:
$8,600,000.00
GLA:
±109,139 Square Feet
ZONING:
C-3 General Commercial
LAND AREA:
± 9.5 Acres
LOCATION:
SEC of Lee Trevino & Pellicano
PARKING:
550 Including Handicap
PRICE:
TBD
INCOME NOVEMBER 2016: $690,793.30
LOAN:
NON-RECOURSE ASSUMABLE
LOAN
±$5.4 Million at a rate of 5%
TRAFFIC COUNTS:
Intersection of Lee Trevino & I-10, combined = 190,000 + VPD
Combined Intersection = 49,030 VPD
FOR
O DETAILS
S
CONTACT:
RICK STOES – Managing
M
i
Di
Director
t – El Paso
P
Office
Offi
p | 575.523.6000 Direct
e | rstoes@henrysmiller.com
AUSTIN EL PASO DALLAS-FORT WORTH HOUSTON
SAN ANTONIO
6044 Gateway East, Suite 903• Compass Bank Bldg• El Paso, TX 79905
tx 915.603.5700 • nm 575.523.6000 • f 575.523.777 • www.henrysmiller.com
Henry S. Miller Brokerage-El Paso is an independent licensee/affiliate of Henry S. Miller Brokerage, LLC. The above information is from sources believed to be reliable, but Stoes Real Estate Advisors, LLC has not verified the accuracy of the
information. Stoes Real Estate Advisors, LLC makes no guarantee, warranty or representation as to the information, and assumes no responsibility for any error, omission or inaccuracy. The information is subject to the possibility of errors, omissions,
changes of condition, including price or rental, or withdrawal without notice. Any projections, assumptions or estimates are for illustrative purposes only. Recipients should conduct their own investigation.
EP FITNESS
Over 28 years ago, Scott Kubitz, owner and CEO of Flex Enterprises, turned a passion for bodybuilding
into a health and fitness business. With drive and determination, he began with one small west side gym.
Today, Scott owns nine local fitness facilities (5 EP Fitness, 3 Roca Fitness, and 1 EP Women’s Fitness)
including a brand new 55,000
55 000 square foot EP Fitness mega-center on Lee Trevino.
Trevino
LEE TREVINO Megacenter
On December 3rd, 2013 EP Fitness opened it’s 7th location. A 55,000 square foot Megacenter on Lee
Trevino, making it El Paso’s largest privately owned fitness facility. Lee Trevino is loaded with state-of-theart pin select and plate loaded machines, the largest cardio theatre of any location and a free weight
selection second to none. Other amenities include full-court indoor basketball and a g
group
p fitness theatre
with 8 projector screens.
At present, EP Fitness has over 100,000 members, occupies over 200,000 sq. ft. citywide and employs
close to 300.
Roca Fitness Centers, which is part of the same parent company offers 3 locations.
Restaurant Depot
Strategically located in 32 states throughout the USA, Restaurant Depot, a division of Jetro Holdings, LLC,
headquartered in College Point, NY, has been supplying independent food businesses with quality products
from large cash and carry warehouse stores since 1990. By eliminating the overhead of a traditional
distributor, focusing on the needs of independent foodservice operators and offering free membership,
Restaurant Depot has become the leading low-cost alternative to other foodservice suppliers throughout the
United States.
At Restaurant Depot, one-stop shopping simplifies the process of buying food, equipment and
supplies. There are no minimum purchase requirements. Whether you buy a few bakery supplies or enough
food and tableware to cater a party for 5,000, shopping at Restaurant Depot can save you time and
money. And at Restaurant Depot, members have the option to purchase many items by the piece, by the
case or in five or more case quantities, saving on the unit costs accordingly.
FOR
O DETAILS
S
CONTACT:
M
i
Di
Director
t – El Paso
P
Office
Offi
p | 575.523.6000 Direct
SAN ANTONIO
FOR
O DETAILS
S
CONTACT:
M
i
Di
Director
t – El Paso
P
Office
Offi
p | 575.523.6000 Direct
SAN ANTONIO
DEMOGRAPHICS
1 Mile
3 Mile
5 Mile
Population:
9,593
155,453
304,430
Households:
3,546
51,341
97,516
Median HH Income:
$44,782
$44,354
$44,082
FOR
O DETAILS
S
CONTACT:
M
i
Di
Director
t – El Paso
P
Office
Offi
p | 575.523.6000 Direct
SAN ANTONIO
•
State
State--ofof-the
the--art telecommunications/fiber
telecommunications/fiber--optic network
•
Largest inland military complex in the world
•
5 international crossings
•
14 universities/colleges
•
40 industrial parks
Put your business growth at the center of our momentum.
•
5 airports
Our resources include…
•
International railway system — Burlington Northern Santa Fe,
Union Pacific, Ferromex
•
300+ days of sunshine a year
As the fourthfourth-largest manufacturing center on the continent, the region is
home to a highly skilled and adept workforce, business
business--friendly taxes and
incentives, and industry giants in manufacturing, automotive, biomedical,
clean technologies, defense/homeland security and High Tech Electronics
Electronics..
Our region offers a low cost of living, high quality of life and resources to
move business forward.
forward. The distinct advantage of being a strategically
located hub between three states and two nations is an attractive asset for
industry..
industry
FOR
O DETAILS
S
CONTACT:
M
i
Di
Director
t – El Paso
P
Office
Offi
p | 575.523.6000 Direct
SAN ANTONIO
Confidentiality Agreement-Principal
By Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New Mexico has been retained on an exclusive basis for the
marketing and sale of 1430 Lee Trevino, El Paso, TX. By Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New
Mexico is pleased to accept the registration of
("Principal").
Upon execution of this Agreement , a confidential information package will be provided to Principal, solely for Principal's use
in determining whether Principal has an interest in the Property. Principal agrees that the confidential information package
and any other written materials or oral communications relating to the Property (collectively , the "Information") that have
been or may in the future be furnished to Principal by By Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New
Mexico or Owner or any agent representative therefore , will be confidential as set forth below.
Principal agrees that the Information will not be used other than in furtherance of the purposes described above, and that
the Information will be kept confidential and will be disclosed only to those persons, agents representatives or
employees of Principal who have a need to know such Information and who are advised of the Confidential nature
therefore , except as otherwise required by law. The term "Information ," as used herein does not include information , which
is generally available to the public through independent sources. Principal agrees that they will not disclose to third
parties the substance of any discussion or negotiations which might occur concerning the Property, the result of any
investigation relating to the Property, of the terms , conditions , or other aspects of any proposed transaction involving the
Property. Principal will not reproduce the Information in whole or in part and will not distribute all or any portion of such
Information to any person other than as set forth above. Upon request by Owner or By Stoes Real Estate Advisors DBA
Henry S. Miller El Paso| New Mexico, Principal agrees to return to By Stoes Real Estate Advisors DBA Henry S. Miller El
Paso| New Mexico all Information furnished to them, without retaining copies of all or any part thereof.
The Information was prepared by By Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New Mexico and has been
reviewed by Owner. It contains selected information pertaining to the Property and does not purport to contain all of the
information that a prospective purchaser may desire. Interested parties should conduct their own investigation and
analysis. Although every effort has been made to provide accurate and complete information, neither Owner nor By
Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New Mexico makes any representations or warranties , expressed
or implied, as to the accuracy or completeness of the Information or its contents. No legal liability is assumed or is to be
implied from the Information or its contents , and no legal obligations shall arise by reason of the distribution of the
Information or its contents. Principal hereby release and discharge any and all claims it may have against By Stoes Real
Estate Advisors DBA Henry S. Miller El Paso| New Mexico or Owner arising out of the delivery if the Information to Principal
or any inaccuracy of the information. Further, Principal hereby agrees to indemnify and hold By Stoes Real Estate Advisors
DBA Henry S. Miller El Paso| New Mexico and Owner harmless from any and all claims arising out of the delivery to Principal
of the Information. Principal agrees that if either Principal, its agents, representatives , or employees commits a breach of
any of the provisions of this Agreement , Owner shall have the right and remedy to institute proceedings to obtain immediate
injunctive relief for any breach or threatened breach may cause irreparable injury to Owner and its affiliates and that money
damages will not provide an adequate remedy to Owner and its affiliates. Further, nothing herein shall be construed to
limit any other remedy available to Owner.
Principal agrees to indemnify, defend and hold harmless Owner and By Stoes Real Estate Advisors DBA Henry S. Miller El
Paso| New Mexico from and against any and all losses, damages , costs and expenses , including reasonable attorney
fees , arising out of or in connection with any claim or suit asserted or bought by any broker, finder , agent or
representative for commissions , fees or other compensation , to the extent such claim or suit is based in whole or in part on
dealings with or through Principal, its directors, officers , employees , partners, agents or advisors.
This Agreement shall be governed by, and construed and enforced in accordance with, the laws of the State of New
Mexico. Please indicate you acknowledgement of and agreement to the foregoing terms by signing and returning one copy , of
the letter to By Stoes Real Estate Advisors DBA Henry S. Miller El Paso| New Mexico via email to
rstoes@henrysmiller.com Upon receipt , the Information will be promptly delivered.
Agreed:
Address:
Principal:
City:
Company:
State/Zip:
By/Title:
Phone/Fax:
Date
Email Address:
10-10-11
Approved 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.
Information About Brokerage Services
B
efore 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.
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:
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.
(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.
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
(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
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

FOR SALE - Henry S. Miller

Transcription

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