U.S. 181 AND BROADWAY BOULEVARD

PORTLAND, TEXAS

LOCATION: The property is strategically located at the east corner of U. S. Highway 181 and

Broadway Boulevard in Portland, Texas. SIZE: 31.154 Acres; Owner will subdivide. DIMENSIONS: FRONTAGE: U.S. 181: 1,600 Feet BROADWAY: 540 Feet DEPTH: 850 Feet UTILITIES: Electricity: Service is along frontage on Broadway and Highway 181. Sewer: Existing 8-inch Stub-out provided on the west property line

which ties into an existing sewer line on Bay Breeze Dr. Water: 8-inch water line available along the east side of U.S. Highway

181 frontage. Gas: Reliable gas available to site. Prospective buyers should retain an independent engineer to verify the location,

accessibility and available capacity of all utilities.

ZONING: The property is zoned as a Commercial Retail District (CR), allowing general

commercial uses. Prospective lessees should verify the zoning and permitted uses with the appropriate governing authority.

FLOOD PLAIN: The Federal Management Agency Flood Maps do not appear to indicate

any 100 year flood prone areas. TOPOGRAPHY: The site is generally level and drains to an existing drainage culvert on

the south side of the property. EASEMENTS: Utility easements exist along front and sides of property. Please see

survey. Gas line easements exist along frontage.

DEED RESTRICTIONS:

Reasonable development restrictions will be in place to allow for shopping center development.

TRAFFIC COUNT: Most recent Texas Department of Transportation maps indicate: Location Cars

Per Day Hwy 181 north of Broadway 41,626 Hwy 181 south of Broadway 53,114 FM 3239 west of Hwy 181 7,189

DEMOGRAPHICS: 2015 ESRI Estimates: Population Average Household

Income 1-mile radius 3,920 $101,083

3-mile radius 17,889 $78,287

5-mile radius 18,270 $78,021

AREA DEVELOPMENT:

Nearby businesses include, Wal-Mart, Chili’s, KFC, Taco Bell, Academy, Northshore Cinema 8 Movie Theater, and Northshore Country Club.

INVESTMENT: Contact broker.

POTENTIAL USE: Mixed retail development

COMMENTS: q Property is in the path of development, and surrounded by

residential and commercial uses. q Major signalized intersection location

q Excellent accessibility and visibility from two major thoroughfares

FOR INFORMATION CONTACT: ELDON ROALSON, CCIM OR MATT HOWARD Phone: (210) 496-5800 • Fax: (210) 496-5809 • Email: eldon@roalson.com / mhoward@roalson.com

www.roalson.com

Location Map

Area Map

DEMOGRAPHIC OVERVIEW March 9, 2015

PORTLAND, TX

1.0 Miles: 3.0 Miles: 5.0 Miles:

Population 2010 Census 3,267 17,446 17,823 2014 Estimate 3,719 17,535 17,882 5 Year Projection 3,831 17,801 18,148

Households 2010 Census 1,159 6,138 6,297 2014 Estimate 1,329 6,242 6,533 5 Year Projection 1,380 6,382 6,410

2014 Population by Race White 86.2% 84.7% 84.8% Black 2.2% 2.0% 2.0% Asian or Pacific Islander 2.0% 1.4% 1.4% American Indian 0.8% 0.8% 0.8%

2014 Population by Ethnicity Hispanic Origin 32.5% 43.1% 43.0%

2014 Total Housing Units Owner-Occupied 937 4,060 4,152 Renter-Occupied 392 2,182 2,239 Average Household Size 2.76 2.79 2.78

2014 Household Income Income $ 0 - $15,000 8.3% 9.0% 9.1% Income $ 15,000 - $24,999 7.0% 10.4% 10.4% Income $ 25,000 - $34,999 6.5% 8.2% 8.2% Income $ 35,000 - $49,999 8.7% 12.2% 12.2% Income $ 50,000 - $74,999 17.8% 23.1% 23.1% Income $ 75,000 - $99,999 17.5% 15.6% 15.6% Income $ 100,000 - $149,999 19.4% 13.5% 13.5% Income $ 150,000 - $199,999 8.3% 4.4% 4.3% Income $200,000 + 6.8% 3.7% 3.6%

Average Household Income $93,939 $73,485 $73,289 Median Household Income $76,968 $58,458 $58,354 Per Capita Income $33,594 $26,300 $26,287

Source: U.S. Bureau of the Census, 2010 Census of Population and Housing. ESRI forecasts for 2014 and 2019.

PROPERTY DISCLOSURE STATEMENT As to the subject property, Roalson Interests, Inc. ("Broker") makes no warranties, representations or guarantees regarding the structural integrity, soundness or suitability, for any purpose, of any improvements which may be located on the property. Furthermore, Broker makes no warranties, representations or guarantees regarding any prior uses of the property or the nature and condition of the property, including, without limitation, (1) the water, soil and geology and the existence of any environmental hazards or conditions thereon (including, but not limited to, the presence of underground storage tanks, asbestos, radon, contaminated soil or hazardous substances), or the property's compliance with any applicable laws rules or regulations regarding such substances; and (2) the compliance of the property or its operation (past, present or future) with any building codes, laws, ordinances or regulations of any government or other body. Broker does not have the technical expertise to either determine whether any improvements are in compliance with ADA requirements or to advise a principal on the requirements of the ADA. You are advised to contact an attorney, contractor, architect, engineer or other qualified professional of your own choosing to determine to what degree, if at all, ADA impacts the subject property.

Regarding the above items, any potential PURCHASER will rely solely on its own investigation of the property. Any information provided or to be provided, with respect to the property by Broker was obtained from sources deemed reliable but is in no way warranted or guaranteed by Broker. Broker has not made any independent investigation or verification of such information, and does not make any representations as to the accuracy or completeness of such information.

BROKER: ROALSON INTERESTS, INC. 18618 TUSCANY STONE, SUITE 200

SAN ANTONIO, TEXAS 78258

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