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DescriptionThe subject property is a six acre retail tract located just east of CentralExpressway along Wilson Creek Parkway near McKinney High Schooland Towne Lake Recreation Area.
Area generators to the north include Cinemark Theatre, Home Depot,Lowe's, Kroger, Super Target, Sam's Club and Walmart Supercenter.
1 MILE 3 MILE 5 MILEPopulation 8,964 51,038 130,991Total # Households 3,041 17,741 44,355Average HH Income $55,313 $89,303 $113,652Daytime Population 7,915 36,322 55,866Year: 2015 | Source: Esri Data
Demographics
Traffic CountsWilson Creek Parkway 10,069 VPDHighway 75 119,628 VPDYear: 2015 | Source: City of McKinney / TXDOT
OverviewLOT SIZE 6 Acres
SALE PRICE $795,000
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McKinney Retail Tract2310 Wilson Creek Parkway | McKinney, TX
ContactRICK IKELER, CCIM, CPM®214.560.3208 | [email protected]
SRS REAL ESTATE PARTNERS | 8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 | 214.560.3200This information contained herein was obtained from sources deemed to be reliable; however SRS Real EstatePartners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Demographic Summary ReportMcKinney Retail Tract Prepared by SRS Real Estate Partners1224 Big Bend Dr, McKinney, Texas, 75069 Latitude: 33.18592Rings: 1, 3, 5 mile radii Longitude: -96.62838
1 mile 3 miles 5 milesPopulation
2000 Population 8,438 39,780 58,6202010 Population 10,061 54,184 124,3092016 Population 10,918 61,755 146,7422021 Population 11,956 69,680 166,9302000-2010 Annual Rate 1.77% 3.14% 7.81%2010-2016 Annual Rate 1.32% 2.11% 2.69%2016-2021 Annual Rate 1.83% 2.44% 2.61%2016 Male Population 49.0% 48.8% 49.1%2016 Female Population 51.0% 51.2% 50.9%2016 Median Age 31.2 33.9 34.5
Households2000 Households 3,275 13,601 19,5982010 Households 3,853 18,863 42,2502016 Total Households 4,171 21,382 49,7122021 Total Households 4,562 24,065 56,4812000-2010 Annual Rate 1.64% 3.32% 7.98%2010-2016 Annual Rate 1.28% 2.03% 2.64%2016-2021 Annual Rate 1.81% 2.39% 2.59%2016 Average Household Size 2.62 2.85 2.91
Housing Units2016 Total Housing Units 4,569 23,001 53,097
2016 Owner Occupied Housing Units 1,246 11,765 34,1642016 Renter Occupied Housing Units 2,925 9,617 15,5482016 Vacant Housing Units 398 1,619 3,385
Race and Ethnicity2016 White Alone 59.9% 68.2% 70.6%2016 Black Alone 14.0% 11.8% 11.2%2016 American Indian/Alaska Native Alone 1.0% 0.9% 0.7%2016 Asian Alone 2.1% 3.1% 6.8%2016 Pacific Islander Alone 0.0% 0.1% 0.1%2016 Hispanic Origin (Any Race) 41.0% 28.3% 19.2%
Income2016 Median Household Income $39,634 $66,959 $86,4662016 Average Household Income
$55,811 $92,889 $107,074Per Capita Income $21,635 $32,747 $36,455
2016 Population 25+ by Educational AttainmentTotal 6,677 38,612 91,099
High School Graduate 25.6% 17.8% 14.0%GED/Alternative Credential 4.5% 3.2% 2.5%Some College, No Degree 18.0% 20.2% 20.2%Associate Degree 9.5% 8.1% 8.7%Bachelor's Degree 17.3% 24.3% 31.3%Graduate/Professional Degree 6.3% 14.5% 16.2%
Data for all businesses in areaTotal Businesses: 497 3,157 5,314
Total Employees: 5,719 37,674 60,807Total Residential Population: 10,918 61,755 146,742
Employee/Residential Population Ratio: 0.52:1 0.61:1 0.41:1
Data Note: Income is expressed in current dollars. Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2020. Esri converted Census 2000 data into 2010 geography. Copyright 2016 Infogroup, Inc. All rights reserved.
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Texas law requires all real estate license holders to give the following information about brokerageservices to prospective buyers, tenants, sellers and landlords.
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; and• Treat 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 the owner,usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties aboveand must inform the owner of any material information about the property or transaction known by the agent, including informationdisclosed 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 writtenrepresentation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any materialinformation about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must rst obtain the written agreement ofeach party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, setforth 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 di erent license holder associated with the broker to each party (owner an buyer) 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; and• any confidential information or any other information that a party specifically instructs the broker in writing 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 transaction without an agreement to represent the buyer. Asubagent 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 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 an obligation for youto use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
SRS Real Estate Partners - Southwest, LLC 600324 [email protected] 214-560-3200Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone
Mark B. Reeder 318755 [email protected] 214-560-3251Designated Broker of Firm License No. Email Phone
Mark B. Reeder 318755 [email protected] 214-560-3251Licensed Supervisor of Sales Agent/Associate License No. Email Phone
Rick Ikeler 360921 [email protected] 214-560-3208Sales Agent/Associate's Name License No. Email Phone
Buyers Initials Tenant Initials Seller Initials Landlord Initials Date
Information available at www.trec.texas.govRegulated By The Texas Real Estate Commission
TREC Information About Brokerage Services
Texas Real Estate Commission (11-2-2015)
