retail for sale retail for sale hathaway flex building ... · the woodlands, tx 77381 flex building...

23750 FM 1314, Porter, TX 77365

FLEX BUILDING - PORTER, TX

RETAIL FOR SALE

www.kwcommercial.com/commercial/McCommercial.action?orgId=28

KW COMMERCIAL1401 Woodlands Parkway

The Woodlands, TX 77380

RICK STALLINGS, MBADirector

713.503.0808

[email protected]

TX #620573

We obtained the information above from sources we believe to be reliable. However, we have not veri7ed its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or 7nancing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

PROPERTY OVERVIEWThis is Truly a Very Flexible Building Located in Growing Area very

accessible to New Grand Parkway & I-69 (SH 59). Very Nice Class A

Of?ce/Flex Building with built out of?ces (originally classi?ed as

medical) and Massive Air Conditioned Open Area that can be used

R&D, Product Storage, Religious Services, Event Center, School,

Fitness Center, Retail Showroom or Additional Of?ce Build-out. This

building is much larger than it looks, and has a 25,000 SF Parking

Lot for Plenty of Parking. Large Grade Level Door on backside of

building.

PROPERTY FEATURESGreat Location near Grand Pkwy & SH-59(I-69)

Highly Flexible Space w/Of?ce Buildout

25,000 SF Parking Lot - Plenty of Parking

Massive Open A/C Area

Large Grade Level Door for Easy Access

Photos - MUST SEE

SALE PRICE: $3,000,000

LOT SIZE: 2.32 Acres

BUILDING SIZE: 15,000 SF

YEAR BUILT: 2013

CROSS STREETS: FM 1314 & Valley Ranch Pkwy

We obtained the information above from sources we believe to be reliable. However, we have not verified itsaccuracyandmakenoguarantee,warrantyor representationabout it. It is submittedsubject to thepossibilityoferrors, omissions, changeof price, rental orother conditions, prior sale, leaseor financing, orwithdrawalwithoutnotice. We includeprojections,opinions,assumptionsorestimates forexampleonly,andtheymaynot representcurrent or future performance of the property. You and your tax and legal advisors should conduct your owninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–PORTER,TXRETAILFORSALE

23750FM1314,Porter,TX77365

PROPERTYFEATURES

PROPERTYOVERVIEW





713.503.0808

[email protected]

TX #620573


23750 FM 1314, Porter, TX 77365


RETAIL FOR SALE

We obtained the information above from sources we believe to be reliable. However, we have not verified itsaccuracyandmakenoguarantee,warrantyor representationabout it. It is submittedsubject to thepossibilityoferrors, omissions, changeof price, rental orother conditions, prior sale, leaseor financing, orwithdrawalwithoutnotice. We includeprojections,opinions,assumptionsorestimates forexampleonly,andtheymaynot representcurrent or future performance of the property. You and your tax and legal advisors should conduct your owninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365





713.503.0808

[email protected]

TX #620573


23750 FM 1314, Porter, TX 77365


RETAIL FOR SALE

We obtained the information above from sources we believe to be reliable. However, we have not verified itsaccuracyandmakenoguarantee,warrantyor representationabout it. It is submitted subject to thepossibilityoferrors, omissions, change of price, rental or other conditions, prior sale, lease or financing, orwithdrawalwithoutnotice. We includeprojections,opinions, assumptionsorestimates forexampleonly, and theymaynot representcurrent or future performance of the property. You and your tax and legal advisors should conduct your owninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

Flex Building - Porter, TX

Demographic Report

PopulationDistance Male Female Total

1- Mile 1,054 957 2,011

3- Mile 14,889 14,328 29,217

5- Mile 35,960 35,672 71,632

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

PouyaTiraie

RickStallingsTeam

RickStallings,MBA

DawnRogers,OfficeManager


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 952 42 0.62 %

3-Mile 12,793 685 2.53 %

5-Mile 33,292 1,534 3.06 %


Richard Stallings

[email protected]


Richard Stallings

Ethnicitywithin5milesBlack

Hispanic

AsianNativeAmerican

White

White NativeAmerican Asian

Black PacificIslanders Hispanic

PopulationbyDistanceandAge(2015)

8,000

6,000

4,000

2,000

0

3-Mile 5-Mile1-Mile

HomeOwnership1Mile

HomeOwnership3Mile

HomeOwnership5Mile

Renters

Owners

Renters

Owners

Renters

Owners


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

Radius Median Household Income

1-Mile $75,800.50

3-Mile $59,101.00

5-Mile $79,179.82

Radius Average Household Income

1-Mile $77,544.00

3-Mile $63,460.62

5-Mile $83,357.94

Radius Aggregate Household Income

1-Mile $65,040,027.69

3-Mile $669,247,252.67

5-Mile $1,920,927,814.94

1-MilePop > 25 1,307High School Grad 621Some College 234Associates 26Bachelors 78Masters 1Prof. Degree 1Doctorate 0

3-mile17,5706,8383,712

6261,170

19315882

5-mile44,10713,07611,2702,0736,5661,834

569248

Education

Agriculture Mining Construction Manufacturing Wholesale Retail Transportaion Information Professional Utility Hospitality Pub-Admin Other

1-Mile 7 35 106 84 42 87 92 3 100 225 54 33 79

3-Mile 33 237 1,619 1,134 362 1,475 1,479 25 1,394 2,722 892 361 921

5-Mile 86 808 3,298 2,384 1,293 3,748 4,048 238 3,808 7,236 2,241 1,030 2,233

Labor & Income

1-MileVacant Ready For Rent 4 %Teen's 14 %Expensive Homes 0 %Mobile Homes 77 %New Homes 16 %New Households 13 %Military Households 0 %Households with 4+ Cars 12 %Public Transportation Users 0 %Young Wealthy Households 0 %

3-mile17 %58 %

0 %273 %153 %60 %

1 %49 %

3 %7 %

5-mile49 %77 %

3 %189 %196 %81 %

6 %66 %22 %23 %

This Tapestry information compares this selected market against the average. If a tapestry is over 100% it is above average for that statistic. If a tapestry is under 100% it is below average.

Tapestry


Richard Stallings

[email protected]


Richard Stallings

3-Mile 5-Mile1-Mile

>200K150K-200K125K-150K100K-125K75K-100K60K-75K50K-60K45K-50K40K-45K35K-40K30K-35K25K-30K20K-25K15K-20K10K-15K

<10K

1,000 2,000 3,000 4,0000


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

1-Mile %Total Expenditures 39,560,345Average annual household 51,130Food 6,614 12.94 %Food at home 4,283Cereals and bakery products 609Cereals and cereal products 217Bakery products 392Meats poultry fish and eggs 841Beef 194Pork 152Poultry 158Fish and seafood 136Eggs 69Dairy products 437Fruits and vegetables 870Fresh fruits 128Processed vegetables 165Sugar and other sweets 158Fats and oils 136Miscellaneous foods 811Nonalcoholic beverages 363Food away from home 2,330Alcoholic beverages 372Housing 18,243 35.68 %Shelter 11,037Owned dwellings 6,743Mortgage interest and charges 3,454Property taxes 2,261Maintenance repairs 1,027Rented dwellings 3,392Other lodging 902Utilities fuels 4,237Natural gas 400Electricity 1,672Fuel oil 164Telephone services 1,328Water and other public services 671Household operations 1,261 2.47 %Personal services 375Other household expenses 886Housekeeping supplies 609Laundry and cleaning supplies 167Other household products 356Postage and stationery 86Household furnishings 1,098Household textiles 81Furniture 246Floor coverings 28Major appliances 143Small appliances 88Miscellaneous 511Apparel and services 1,356 2.65 %Men and boys 276Men 16 and over 233Boys 2 to 15 43Women and girls 480

5-Mile %1,291,095,842

53,8186,937 12.89 %4,417

62822340487220315416414370

453901133169161140831369

2,520402

18,968 35.24 %11,5027,1223,6502,3981,0733,3541,0244,308

4111,692

1711,346

6871,339 2.49 %

40393664117137694

1,17588

27532

13997

5411,451 2.70 %

29424648

517

3-Mile %468,467,984

46,4116,085 13.11 %4,016

57020436679918414515012866

403815120158148128758345

2,069326

16,890 36.39 %10,1836,0173,0282,002

9863,408

7574,033

3721,618

1531,258

6301,128 2.43 %

32180756015632480

98374

20224

14082

4591,224 2.64 %

23419539

445

Expenditures


Richard Stallings

[email protected]


Richard Stallings


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

Women 16 and over 404Girls 2 to 15 76Children under 2 92

1-Mile %Total Expenditures 39,560,345Average annual household 51,130Transportation 7,020 13.73 %Vehicle purchases 1,699Cars and trucks new 885Cars and trucks used 766Gasoline and motor oil 2,194Other vehicle expenses 2,629Vehicle finance charges 182Maintenance and repairs 919Vehicle insurance 1,190Vehicle rental leases 338Public transportation 497Health care 3,917 7.66 %Health insurance 2,550Medical services 843Drugs 396Medical supplies 127Entertainment 3,048 5.96 %Fees and admissions 597Television radios 1,060Pets toys 1,108Personal care products 662Reading 54Education 1,317Tobacco products 402Miscellaneous 818 1.60 %Cash contributions 1,371Personal insurance 5,933Life and other personal insurance 173Pensions and Social Security 5,759

4437493

3707487

3-Mile %468,467,984

46,4116,433 13.86 %1,498

766692

2,0722,431

165842

1,122301430

3,661 7.89 %2,403

767372117

2,777 5.98 %504

1,0051,015

59651

1,096403735 1.58 %

1,2474,882

1604,722

5-Mile %1,291,095,842

53,8187,316 13.59 %1,795

938811

2,2322,722

186965

1,211359566

4,038 7.50 %2,617

876410134

3,190 5.93 %666

1,0691,171

70160

1,538394865 1.61 %

1,3916,560

1876,372

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2020 5,000 3,597 39.14 % 875 3,871 3,895 1,105 404

3-Mile 2020 19,766 14,371 36.91 % 4,898 13,767 12,139 7,627 1,449

5-Mile 2020 35,861 28,480 22.79 % 7,490 26,673 26,605 9,256 4,681

1-Mile 2023 5,331 3,597 48.48 % 934 4,126 4,154 1,177 439

3-Mile 2023 21,136 14,371 47.16 % 5,199 14,766 12,983 8,153 1,547

5-Mile 2023 37,435 28,480 27.76 % 7,826 27,833 27,749 9,686 5,773

Expenditures (Continued)


Richard Stallings

[email protected]


Richard Stallings


BERKSHIREHATHAWAY


COMMERCIAL DIVISION



23750FM1314,Porter,TX77365

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

11-2-2015

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; andTreat 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 theowner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimumduties 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, usuallythrough a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform thebuyer of any material information about the property or transaction known by the agent, including information disclosed to the agentby 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 writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined 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 andbuyer) 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 writing 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; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, 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 first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLYESTABLISH:

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 anobligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.

Berkshire Hathaway HomeServicesAnderson Properties

604417 [email protected] (713) 862-0000

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Michael Huff 0501323 [email protected] (713) 862-0000

Designated Broker of Firm License No. Email Phone

Cathy Trevino 455096 [email protected] (713) 516-6331

Licensed Supervisor of Sales Agent/ Associate License No. Email Phone

Richard Stallings 0620573 [email protected] (713) 503-0808

Sales Agent/Associate's Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.govIABS 1-0

TAR 2501

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

11-2-2015

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; andTreat 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 theowner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimumduties 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, usuallythrough a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform thebuyer of any material information about the property or transaction known by the agent, including information disclosed to the agentby 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 writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined 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 andbuyer) 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 writing 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; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, 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 first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLYESTABLISH:

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 anobligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.

Berkshire Hathaway HomeServicesAnderson Properties

604417 [email protected] (713) 862-0000

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Michael Huff 0501323 [email protected] (713) 862-0000

Designated Broker of Firm License No. Email Phone

Cathy Trevino 455096 [email protected] (713) 516-6331

Licensed Supervisor of Sales Agent/ Associate License No. Email Phone

Pouya Tiraieyari 0677615 [email protected] (281) 203-9194

Sales Agent/Associate's Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.govIABS 1-0

TAR 2501

retail for sale retail for sale hathaway flex building ... · the woodlands, tx 77381 flex building...

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