3118 los colinas st. denton, tx 76207 · 3118 los colinas st. denton, tx 76207 neal agrawal –...

3118 Los Colinas St. Denton, TX 76207

Neal Agrawal – Crest Real Estate Advisors

Cell- 972-804-0742, [email protected]

www.preschoolexchange.com

Property Highlights

Tenant- Maple Bear (Child Care Center) 3118 Los Colinas St

Asking Price- $825,000 Building Size- 5094 sq ft

Denton, TX 76207 Lot Size- 0.5587 Acres Year Built- 1989 (Recently Renovated) County- Denton

http://www.preschoolexchange.com/

Pictures





Tenant Highlights

Maple Bear schools offer full Canadian programs utilizing Canadian methodology and curriculum developed by our own experts from the ground up for preschool, elementary, and high school. There are currently more than 41,000 students in 447 Maple Bear Early Childhood, Elementary, and High Schools operating or opening in Korea, China, Vietnam, Singapore, Malaysia, Philippines, Bangladesh, Sri Lanka, India, UAE, Turkey, Morocco, Brazil, Mexico, Hong Kong, Romania, Nepal and the USA.

Lease Summary

Tenant International Child Care Operator- Maple Bear

Location Denton, TX

Lease Rate $5,500 monthly

Lease Type Gross

Lease Guarantee Corporate Guarantee

Rent Bumps $250 increment annually starting Feb 1st 2021

Lease Start Date Feb 1st, 2019

Lease End Date End of Feb, 2024

Extensions 1 Extension of 3 years

Neighbors Days Inn, Comfort Inn, Denton Orthopedic Therapy Center






Lease Responsibilities- Landlord/ Tenant

Property Taxes Landlord

Property/ Hazard Insurance Landlord

Roof Landlord

Foundation Landlord

Electrical Landlord

AC/ Heating Landlord

Plumbing Landlord

Utilities Tenant






Demographics within the 3-mile radius

2019 2024 Total Population 43,459 47,871 Average Income $52,608 $59,620 Population 0- 4 yrs. 1,686 1,972

Demographics within the 5-mile radius

2019 2024 Total Population 97,379 106,718 Average Income $64,616 $72,725 Population 0- 4 yrs. 4,889 5,523






Map & Aerial View

3118 Los Colinas St, Denton


gt€ntafi Sblyeie $snter t ffil D$ernsdFreil

Demographic and Income Profile3118 Los Colinas, Denton, Texas, 76207 Prepared by EsriRing: 1 mile radius Latitude: 33.23332

Longitude: -97.17664

Summary Census 2010 2019 2024Population 1,605 1,961 2,216Households 579 709 797Families 411 486 542Average Household Size 2.77 2.76 2.78Owner Occupied Housing Units 442 523 590Renter Occupied Housing Units 137 186 208Median Age 33.2 34.1 35.4

Trends: 2019 - 2024 Annual Rate Area State NationalPopulation 2.48% 1.59% 0.77%Households 2.37% 1.55% 0.75%Families 2.21% 1.53% 0.68%Owner HHs 2.44% 1.63% 0.92%Median Household Income 1.36% 2.50% 2.70%

2019 2024 Households by Income Number Percent Number Percent

<$15,000 22 3.1% 18 2.3%$15,000 - $24,999 39 5.5% 33 4.1%$25,000 - $34,999 56 7.9% 50 6.3%$35,000 - $49,999 66 9.3% 61 7.7%$50,000 - $74,999 161 22.7% 171 21.5%$75,000 - $99,999 168 23.7% 196 24.6%$100,000 - $149,999 135 19.0% 185 23.2%$150,000 - $199,999 36 5.1% 52 6.5%$200,000+ 25 3.5% 32 4.0%

Median Household Income $75,977 $81,284Average Household Income $85,506 $96,182Per Capita Income $31,825 $35,671

Census 2010 2019 2024 Population by Age Number Percent Number Percent Number Percent

0 - 4 104 6.5% 119 6.1% 143 6.5%5 - 9 96 6.0% 115 5.9% 131 5.9%10 - 14 89 5.5% 111 5.7% 126 5.7%15 - 19 102 6.4% 101 5.2% 116 5.2%20 - 24 200 12.5% 128 6.5% 155 7.0%25 - 34 250 15.6% 448 22.8% 418 18.9%35 - 44 235 14.7% 254 13.0% 378 17.1%45 - 54 208 13.0% 238 12.1% 240 10.8%55 - 64 164 10.2% 206 10.5% 222 10.0%65 - 74 86 5.4% 150 7.6% 166 7.5%75 - 84 59 3.7% 65 3.3% 93 4.2%

85+ 11 0.7% 26 1.3% 27 1.2%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 1,365 85.1% 1,583 80.7% 1,729 78.1%Black Alone 80 5.0% 131 6.7% 179 8.1%American Indian Alone 17 1.1% 19 1.0% 21 0.9%Asian Alone 41 2.6% 75 3.8% 96 4.3%Pacific Islander Alone 0 0.0% 0 0.0% 0 0.0%Some Other Race Alone 53 3.3% 80 4.1% 101 4.6%Two or More Races 48 3.0% 73 3.7% 89 4.0%

Hispanic Origin (Any Race) 241 15.0% 346 17.6% 430 19.4%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2019 and 2024.

May 15, 2020

©2020 Esri Page 1 of 6



AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5

0Population Households Families Owner HHs Median HH Income

20192024

Population by AgePopulation by Age

Perc

ent

222018161412108642

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2019 Household Income 2019 Household Income

<$15K3.1%

$15K - $24K5.5%

$25K - $34K7.9%

$35K - $49K9.3%

$50K - $74K22.7%

$75K - $99K23.7%

$100K - $149K19.1%

$150K - $199K5.1%

$200K+3.5%

2019 Population by Race2019 Population by Race

Perc

ent

80

70

60

50

40

30

20

10

0White Black Am. Ind. Asian Pacific Other Two+

2019 Percent Hispanic Origin: 17.6%


May 15, 2020




Summary Census 2010 2019 2024Population 37,372 43,459 47,871Households 14,461 16,641 18,533Families 5,511 6,137 6,847Average Household Size 2.10 2.12 2.14Owner Occupied Housing Units 4,238 4,648 5,100Renter Occupied Housing Units 10,223 11,994 13,432Median Age 24.3 24.8 25.0



<$15,000 4,115 24.7% 3,834 20.7%$15,000 - $24,999 1,985 11.9% 2,061 11.1%$25,000 - $34,999 1,763 10.6% 1,883 10.2%$35,000 - $49,999 2,375 14.3% 2,644 14.3%$50,000 - $74,999 2,575 15.5% 3,113 16.8%$75,000 - $99,999 1,642 9.9% 2,064 11.1%$100,000 - $149,999 1,422 8.5% 1,940 10.5%$150,000 - $199,999 479 2.9% 683 3.7%$200,000+ 287 1.7% 309 1.7%



0 - 4 1,585 4.2% 1,686 3.9% 1,972 4.1%5 - 9 1,300 3.5% 1,475 3.4% 1,676 3.5%10 - 14 1,066 2.9% 1,322 3.0% 1,529 3.2%15 - 19 5,549 14.8% 6,263 14.4% 6,562 13.7%20 - 24 10,630 28.4% 11,438 26.3% 12,263 25.6%25 - 34 6,477 17.3% 8,194 18.9% 8,314 17.4%35 - 44 3,013 8.1% 3,654 8.4% 4,744 9.9%45 - 54 2,782 7.4% 2,861 6.6% 3,193 6.7%55 - 64 2,157 5.8% 2,737 6.3% 2,891 6.0%65 - 74 1,262 3.4% 1,920 4.4% 2,384 5.0%75 - 84 942 2.5% 1,136 2.6% 1,462 3.1%

85+ 608 1.6% 773 1.8% 882 1.8%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 27,299 73.0% 28,933 66.6% 30,412 63.5%Black Alone 3,661 9.8% 5,355 12.3% 6,727 14.1%American Indian Alone 281 0.8% 310 0.7% 335 0.7%Asian Alone 2,332 6.2% 3,664 8.4% 4,277 8.9%Pacific Islander Alone 57 0.2% 73 0.2% 77 0.2%Some Other Race Alone 2,516 6.7% 3,457 8.0% 4,122 8.6%Two or More Races 1,226 3.3% 1,666 3.8% 1,922 4.0%

Hispanic Origin (Any Race) 6,925 18.5% 9,197 21.2% 10,825 22.6%Data Note: Income is expressed in current dollars.


May 15, 2020




AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20192024


Perc

ent

25

20

15

10

5

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K24.7%

$15K - $24K11.9%

$25K - $34K10.6%

$35K - $49K14.3%

$50K - $74K15.5%

$75K - $99K9.9%

$100K - $149K8.5%

$150K - $199K2.9%

$200K+1.7%


Perc

ent

65605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+



May 15, 2020




Summary Census 2010 2019 2024Population 83,628 97,379 106,718Households 32,063 37,104 40,815Families 15,550 17,394 18,962Average Household Size 2.35 2.36 2.38Owner Occupied Housing Units 12,755 14,503 15,968Renter Occupied Housing Units 19,308 22,601 24,847Median Age 26.1 27.7 28.3



<$15,000 6,399 17.2% 5,829 14.3%$15,000 - $24,999 3,765 10.1% 3,699 9.1%$25,000 - $34,999 3,769 10.2% 3,824 9.4%$35,000 - $49,999 5,610 15.1% 6,022 14.8%$50,000 - $74,999 6,489 17.5% 7,485 18.3%$75,000 - $99,999 4,448 12.0% 5,347 13.1%$100,000 - $149,999 3,913 10.5% 5,131 12.6%$150,000 - $199,999 1,529 4.1% 2,085 5.1%$200,000+ 1,183 3.2% 1,393 3.4%



0 - 4 4,594 5.5% 4,889 5.0% 5,523 5.2%5 - 9 4,144 5.0% 4,512 4.6% 4,967 4.7%10 - 14 3,823 4.6% 4,313 4.4% 4,805 4.5%15 - 19 8,947 10.7% 9,753 10.0% 10,370 9.7%20 - 24 18,398 22.0% 19,583 20.1% 20,913 19.6%25 - 34 14,056 16.8% 18,142 18.6% 18,416 17.3%35 - 44 8,439 10.1% 9,988 10.3% 12,568 11.8%45 - 54 8,218 9.8% 8,278 8.5% 8,881 8.3%55 - 64 6,237 7.5% 8,054 8.3% 8,293 7.8%65 - 74 3,608 4.3% 5,667 5.8% 6,749 6.3%75 - 84 2,189 2.6% 2,856 2.9% 3,692 3.5%

85+ 975 1.2% 1,344 1.4% 1,542 1.4%Census 2010 2019 2024

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 61,812 73.9% 66,601 68.4% 69,669 65.3%Black Alone 8,531 10.2% 12,247 12.6% 15,398 14.4%American Indian Alone 664 0.8% 743 0.8% 801 0.8%Asian Alone 3,451 4.1% 5,464 5.6% 6,429 6.0%Pacific Islander Alone 79 0.1% 105 0.1% 110 0.1%Some Other Race Alone 6,405 7.7% 8,579 8.8% 10,101 9.5%Two or More Races 2,687 3.2% 3,640 3.7% 4,209 3.9%

Hispanic Origin (Any Race) 18,093 21.6% 23,646 24.3% 27,532 25.8%Data Note: Income is expressed in current dollars.


May 15, 2020




AreaStateUSA

Trends 2019-2024Trends 2019-2024

Ann

ual R

ate

(in

perc

ent)

2.5

2

1.5

1

0.5


20192024


Perc

ent

20

18

16

14

12

10

86

4

2

00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+


<$15K17.2%

$15K - $24K10.1%$25K - $34K

10.2%

$35K - $49K15.1%

$50K - $74K17.5%

$75K - $99K12.0%

$100K - $149K10.5%

$150K - $199K4.1%

$200K+3.2%


Perc

ent

65605550454035302520151050

White Black Am. Ind. Asian Pacific Other Two+



May 15, 2020


3118 los colinas st. denton, tx 76207 · 3118 los colinas st. denton, tx 76207 neal agrawal –...

Documents