Upload
others
View
2
Download
0
Embed Size (px)
Citation preview
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DOVE CREEKTHE SHOPS AT
± 80-ACRE REGIONAL SHOPPING CENTER
» NOW PRE-LEASING» PAD SITES AVAILABLE
ENDURA ADVISORy GROUP9311 San Pedro Avenue | Suite 850
San Antonio, Texas 78216 www.endurasa.com
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DOVE CREEKTHE SHOPS AT
PROPERTy FEATURES
The information contained herein is believed to be accurate but is not warranted, as the information may change or be updated without notice. Seller or Landlord makes no representation as to the environmental condition of the property and recommends purchaser’s or tenant’s independent investigation.
THE SHOPS AT DOVE CREEK
1604
POTRANCO ROAD
1-mILE 3-mILE 5-mILE
POPULATION 7,941 84,730 184,346
HOUSEHOLDS 2,492 26,906 60,317
AVERAGE HH INCOmE $91,657 $82,091 $78,278
DEmOGRAPHICS
Source: CoStar (2018 estimates)
SIZE: ± 80 Acres350,000 SF gross leasable building area
ZONING: C-3
UTILITIES: All utilities are available to site
FRONTAGE: 2,000 SF along Loop 1604 and direct access to Potranco Road
05.15.18
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DOVE CREEKTHE SHOPS AT
PROPERTy HIGHLIGHTS
•The Shops at Dove Creek offers excellent visibility and access to Far West San Antonio, the MSA’s fastest growing region.
•The site is adjacent to a Super Walmart and additional retailers are expected to join the tenant roster, including: TJ Maxx, HomeGoods, Ross, PetSmart, Michaels, Ulta, Skechers, Famous Footwear and Bath & Body Works, as well as other national and regional tenants.
•Walmart, HEB, Kohl’s, Academy, and LA Fitness are among the retailers with a presence in this underserved trade area, which has seen explosive residential growth.
•The Shops at Dove Creek is currently an approved master development plan by the City of San Antonio. A copy of the master plan is available upon request.
•Significant infrastructure improvements that are underway include the expansions of Loop 1604 and Potranco Road. An expansion of SH 211 is also scheduled to begin construction in late 2018.
•Microsoft recently built two new $90 million data centers minutes from The Shops at Dove Creek.
•GM Financial recently built a new operations center that will house up to 700 employees two miles from the property.
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
AERIAL OVERVIEW
WalmartSupercenter
1604
1604
151
DOVE CREEKTHE SHOPS AT
CU
LEB
RA
RD
MADISON’S MARKETALAMO RANCH
TAKATA SEATBELTS
NATIONWIDEINSURANCE CAMPUS
NORTHWEST VISTA COLLEGE
CHRISTUSSANTA ROSA
HOSPITAL
FUTUREMETHODIST
HOSPITAL
WELLS FARGO CAMPUS
ALA
MO
RA
NC
H P
KW
Y
CU
LEB
RA
RD
PO
TRA
NC
O R
D
MILITA
RY
DR
W
N ELL
ISON DR
WISEM
AN
BLV
D
WIS
EMAN
BLV
D
ROGERS RD
N216,000+ RESIDENTS IN THE 5-MILE TRADE AREA
GM FINANCIALCENTER
HYATTHILL COUNTRY
RESORT
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
SITE PLAN
�����
���������������
����������
K
G
�����
���
�����
�����
���
���
���
���
���
SAWS JOB # DSP 12"
PROPOSED LIGHT
EXISTING LIGHT
EXISTING LIGHT
LOOP 1604
EMPRESARIO DR
POTRANCO ROAD
NOT PART OF DEVELOPMENT
PYLON SIGN
PYLON SIGN
PYLON SIGN
Dr. Tran Optical
PAD 11
PAD 10
PAD 9
PAD 8
PAD 7
PAD 6
PAD 5
PAD 4
PAD 2
PAD 1
PAD 12
PAD 13
PAD 3
ROAD SCHEMATIC
SAWS JOB # DSP 12"
K
G
E
Walmart
N
EXISTING ROAD
EXPANSION
1604
PO
TRA
NC
O R
OA
D
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
Jay HS
Lackland HS
Southwest HS
Warren HS
Stevens HS
Brennan HS
³±1604
POTRANCO RD
RAY
ELLISON
BVPEARSALL R
D
CULEBRA RD
OLD HWY 90 W
REED RD
MILITARY DR W
MACDONA LACOSTE
RAYELLISON BV
FM 1957
INGRAM RD
MILITARY DR W
MILITA
RY D
R S
W
CO
VE
L R
D
RAYELLISON BV
MARBACH RD
PEARSALL RD
TALLEY RD
MILITARY DR W
NELSON RD
DWYER
MABE
RD
REED RD
KEA
RN
EY
RD
SHEP
HE
RD
RD
FITZHUGH R
D
MILITARYDR W
FM 1957
FM 1957
HU
NT
LAN
EPE
ARSA
LL R
D
MACDONA LACOSTE
KEARNEY RD
GR
OS
EN
BA
CH
ER
QUINTA
NA RD
COMMERCE ST W
JUN
GM
AN
RD
MILITARY DR W
POTRANCO RD
ELLISON D
R N
ELLISON DR N
HW
Y 211/TX
RE
SEA
RC
H
PKW
Y
FM 1957/POTRANCO RD
MA
STE
RSO
N R
D
MO
NTG
OM
ER
Y R
D
WISEMAN BLVD
LACKLAND AFB
LACKLANDAFB
ANNEX
LACOSTE
CASTROVILLE
10 Miles
5 Miles
TrophyRidge
Hillcrest
ChestnutSprings
Enclave atLakeside
MonticelloRanch
SundanceRidge
Gordon'sGrove
LackLandHeights
WestOak Estates
Sienna Park
WestcreekEast
Providence
Canyon Crossing
EnclaveWestover
Hills
Westbury Place
Providence
Canyon Crossing
EnclaveWestover
Hills
Bella Vista
StevensRanch/Park
RedbirdRanch/Summit
ArcadiaRidgeMDP
PotrancoRanch
AftonOaks/Enclave
Overlook atMedio Creek
Fronterra atWestpoint
Tamaron
La Ventana
StoneCreek
WolfCreek
Heather'sCove
RusticOaks
Trailsof Briggs
RanchLadera
KriewaldPlace
Weston Oaks
Luckey Ranch
Masterson335 Freedom
Hill
AshtonPark
AmberCreek
WestPointe
Gardens
WestPoint East
MDP
HerlachFarms
ChampionsPark
Hillcrest
Laurel MtnRanch
Lakeview
Briggs Ranch
MountainLaurelRanch
Johnson 328
Overlook AtMedio Creek
MacdonaHeights
Trophy Ridge
MesaCreek
Amhurst
MarbachPlace
EstoniaEstates
Carmona Hills
Alamo Ranch
ApplewoodRanch
MastersonRoadMDP
DoveCanyon
TresLaurels
Point Vista
MedinaSprings
Stone Hill
MilestoneDev
U-Bar Ranch
TRPRes II423 Ac
TRP ResI 48 Ac
Stonehill
WestpointeEast
SamVesper
Milestone
Rafter "O"Ranch
WestPointeWest
WestPointeEast
The Orchard
AlsatianFarms
Straus-MedinaRanch
H Guiterrez
Stransky- 570 Acres
MountLaurelTract
CitiCorp
QVCTakataSeatbelts
TexasResearch
Park
SouthwestBiomed
NationalSecurity
Hilton Resort
Nationwide
WestoverMedical
Park
Santa RosaHealthcare
§̈¦35
§̈¦410
³±471
³±1957
Subject Site
5 Mile Trade Area
Subdivision Phase
Active
Pre-Planning
Proposed Thoroughfares
Incorporated Cities
County Line
← 13.6 MI →(SITE TO CASTROVILLE)
£¤90
0 1 2Miles
Map prepared by Wendell Davis & Associates11.2016 210.804.1919
± 1 " = 6,000 'SCALE
Dove Creek Trade Area
DyNAmIC EmPLOymENT CENTER• Westover Hills employs more than 28,000 people (5 miles)• Fortune 500 companies include JPmorgan Chase, Wells Fargo, Kohl’s,
Nationwide and Allstate (5 miles)• Major regional employers are SeaWorld San Antonio, Southwest Research
Institute, Christus Santa Rosa Healthcare and Frost Bank (5 miles)• JBSA-Lackland is home to more than 37,000 Air Force personnel (9 miles)• New 1M SF data center development for microsoft coming to Texas Reseach
Park (6 miles)• New Gm Financial operations center will bring up to 700 new jobs (2 miles)
ROBUST FAR WEST HOUSING mARKET• Features the MSA’s top three ZIP codes for home sales (78254, 78253, 78245) • 1 out of every 3 San Antonio homes under construction is within 5 miles• Fastest annual growth (7.1%) in new construction starts • Highly desirable communities of Luckey Ranch, Briggs Ranch, Stevens Ranch,
Bella Vista and Redbird Ranch• 17,000 existing multifamily units and nearly 1,200 additional units currently
under construction
BOOmING DEmOGRAPHICS• One-mile Population
» 28.1% growth since 2010 » Projected growth of 10.14% over the next five years » Average age: 32 years old
• One-mile Households » 28% increase since 2010 » Average household income: $91,657 » Average household size: 3.2 people
INFRASTRUCTURE ImPROVEmENTS• Construction underway on major road expansions:
» $93M project to create a four-lane expressway along Loop 1604 from US 90 to Potranco Road
» Separate $93M project to create a four-lane expressway along Loop 1604 from Potranco Road to Culebra Road
» Five-lane expansion of Potranco Road from Loop 1604 to SH 211 underway• Expansion of State Highway 211 from Potranco Road to Culebra Road
scheduled to begin in late 2018
TRADE AREA MAPDOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
WEST LOOP 1604 RETAIL CENTERS
5.2 MILES
4.6
MIL
ES
4.1 MILES
35
37
10
410
10
10
1604
1604
1604 151
281
281
90
410
4.8
MIL
ESCBD
POTRANCO ROAD
CULEBRA ROAD
BAND
ERA RO
AD
Source: CoStar (2018 estimates)
N
Three-mile DemographicsLoop 1604 @ Interstate 10Average Age (in years) 33.8Median Household Income $65,294Average Household Income $88,954No. of Households 25,9612018 Estimated Population 64,504Estimated Population Growth (2010 - 2018) 30.18%Projected Population Growth (2018 - 2023) 10.35%
Loop 1604 @ Bandera RoadAverage Age (in years) 35.1Median Household Income $80,775Average Household Income $95,659No. of Households 36,0932018 Estimated Population 104,592Estimated Population Growth (2010 - 2018) 9.91%Projected Population Growth (2018 - 2023) 7.93%
Loop 1604 @ Culebra RoadAverage Age (in years) 33.5Median Household Income $74,355Average Household Income $88,434No. of Households 34,7382018 Estimated Population 104,432Estimated Population Growth (2010 - 2018) 23.54%Projected Population Growth (2018 - 2023) 9.65%
Loop 410 @ Highway 151Average Age (in years) 33.3Median Household Income $52,416Average Household Income $62,616No. of Households 40,9222018 Estimated Population 120,675Estimated Population Growth (2010 - 2018) 16.43%Projected Population Growth (2018 - 2023) 8.80%
Loop 1604 @ Potranco RoadAverage Age (in years) 32.6Median Household Income $72,476Average Household Income $82,091No. of Households 26,9062018 Estimated Population 84,730Estimated Population Growth (2010 - 2018) 12.80%Projected Population Growth (2018 - 2023) 8.33%
DOVE CREEKTHE SHOPS AT
PROPOSED TENANTS
1
2
3
4
1
2
3
4
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
INCOmE MAP
SITE
Potranco Market
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
AREA DEMOGRAPHICS
1-mile 3-mile 5-milePopulation2023 Projection 8,746 91,784 201,6112018 Estimate 7,941 84,730 184,3462010 Census 6,199 75,118 152,219Growth 2018 - 2023 10.14% 8.33% 9.37%Growth 2010 - 2018 28.10% 12.80% 21.11%
2018 Population by AgeAge 0 - 4 625 7.87% 6,641 7.84% 14,156 7.68%Age 5 - 9 647 8.15% 6,882 8.12% 14,540 7.89%Age 10 - 14 662 8.34% 7,069 8.34% 14,700 7.97%Age 15 - 19 641 8.07% 6,904 8.15% 14,216 7.71%Age 20 - 24 592 7.45% 6,513 7.69% 13,793 7.48%Age 25 - 29 582 7.33% 6,401 7.55% 14,186 7.70%Age 30 - 34 624 7.86% 6,624 7.82% 14,836 8.05%Age 35 - 39 639 8.05% 6,621 7.81% 14,503 7.87%Age 40 - 44 620 7.81% 6,325 7.46% 13,579 7.37%Age 45 - 49 557 7.01% 5,596 6.60% 12,006 6.51%Age 50 - 54 491 6.18% 4,978 5.88% 10,811 5.86%Age 55 - 59 396 4.99% 4,205 4.96% 9,241 5.01%Age 60 - 64 296 3.73% 3,331 3.93% 7,442 4.04%Age 65 - 69 224 2.82% 2,551 3.01% 5,866 3.18%Age 70 - 74 155 1.95% 1,735 2.05% 4,156 2.25%Age 75 - 79 97 1.22% 1,099 1.30% 2,773 1.50%Age 80 - 84 54 0.68% 668 0.79% 1,804 0.98%Age 85+ 39 0.49% 588 0.69% 1,738 0.94%
Age 65+ 569 7.17% 6,641 7.84% 16,337 8.86%
median Age 31.80 31.50 32.20Average Age 32.50 32.60 33.40
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
AREA DEMOGRAPHICS
1-mile 3-mile 5-mileHouseholds by marital StatusMarried 1,616 15,894 33,007Married No Children 645 6,844 15,032Married w/Children 971 9,050 17,975
2018 Population by EducationSome High School, No Diploma 328 6.47% 4,375 8.00% 12,864 10.63%High School Grad (Incl Equivalency) 1,076 21.24% 11,896 21.75% 28,872 23.85%Some College, No Degree 1,996 39.40% 20,498 37.47% 42,019 34.71%Associate Degree 292 5.76% 3,978 7.27% 8,104 6.70%Bachelor Degree 820 16.19% 8,938 16.34% 19,088 15.77%Advanced Degree 554 10.94% 5,014 9.17% 10,098 8.34%
2018 Worker Travel Time to Job<30 Minutes 2,296 62.07% 24,527 58.05% 51,883 57.82%30-60 Minutes 1,190 32.17% 15,110 35.76% 32,389 36.09%60+ Minutes 213 5.76% 2,612 6.18% 5,462 6.09%
2018 Average Household Size 3.20 3.10 3.00
Households2023 Projection 2,741 29,117 65,9362018 Estimate 2,492 26,906 60,3172010 Census 1,942 23,717 49,351Growth 2018 - 2023 9.99% 8.22% 9.32%Growth 2010 - 2018 28.32% 13.45% 22.22%
2018 Occupied Housing 2,492 6,401 7.55% 14,186 7.70%Owner Occupied 2,047 82.14% 6,624 7.82% 14,836 8.05%Renter Occupied 445 17.86% 6,621 7.81% 14,503 7.87%
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
AREA DEMOGRAPHICS
1-mile 3-mile 5-mile2018 Households by Household Income<$25,000 126 5.06% 2,292 8.52% 7,811 12.95%$25,000 - $50,000 467 18.74% 5,041 18.74% 13,091 21.70%$50,000 - $75,000 546 21.91% 6,755 25.11% 13,767 22.82%$75,000 - $100,000 495 19.86% 5,793 21.53% 10,476 17.37%$100,000 - $125,000 284 11.40% 3,048 11.33% 6,348 10.52%$125,000 - $150,000 335 13.44% 1,874 6.97% 4,173 6.92%$150,000 - $200,000 153 6.14% 1,456 5.41% 2,831 4.69%$200,000+ 86 3.45% 646 2.40% 1,820 3.02%
2018 Average Household Income $91,657 $82,091 $78,2782018 median Household Income $80,404 $72,476 $66,119
2018 Housing Value<$100,000 58 2.83% 3,025 15.33% 8,065 19.66%$100,000 - $200,000 1,151 56.20% 12,083 61.22% 20,669 50.37%$200,000 - $300,000 819 39.99% 3,806 19.28% 8,428 20.54%$300,000 - $400,000 18 0.88% 450 2.28% 2,772 6.76%$400,000 - $500,000 0 0.00% 56 0.28% 595 1.45%$500,000 - $1,000,000 2 0.10% 184 0.93% 280 0.68%$1,000,000+ 0 0.00% 132 0.67% 222 0.54%
2018 median Home Value $183,926 $156,633 $160,237
Built 2010+ 583 22.90% 3,973 14.33% 11,459 18.37%Built 2000 - 2010 1,355 53.22% 13,011 46.94% 24,354 39.05%Built 1990 - 1999 275 10.80% 3,740 13.49% 8,675 13.91%Built 1980 - 1989 228 8.96% 4,610 16.63% 8,806 14.12%Built 1970 - 1979 78 3.06% 2,040 7.36% 5,335 8.55%Built <1970 27 1.06% 345 1.25% 3,739 6.00%
2018 median year Built 2004 2002 2001
DOVE CREEKTHE SHOPS AT
ERIC LUNDBLAD, CCIm210.918.6402 direct 210.273.2946 cell [email protected]
JOSH RENEAU210.918.6389 direct 210.254.6565 cell [email protected]
DEmOGRAPHIC COMPARISON
POPULATION GROWTH
2018 mEDIAN HH INCOmE 2018 RENT V. OWN
HOUSEHOLD GROWTH
1-mile radius from The Shops at Dove CreekBexar County
0
5
10
15
20
25
30 28.10%
15.05%
2010-2018 2018-2023
10.04%8.60%
28.32%
14.51%
9.99%8.37%
2010-2018 2018-20230
5
10
15
20
25
30
$80,404
$54,602
40,000
50,000
60,000
70,000
80,000
90,000
82.14% Own
17.86%Rent
39.96%Rent
60.04% Own
Source: CoStar
11-2-2015
Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informa on about
brokerage services to prospec ve buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage ac vi es, 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 informa on about the property or transac on received by the broker; • Answer the client’s ques ons and present any o er to or counter-o er from the client; and • Treat all par es to a real estate transac on 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 wri en lis ng to sell or property management agreement. An owner's agent must perform the broker’s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on 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, usually through a wri en representa on agreement. A buyer's agent must perform the broker’s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must rst obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary:
• Must treat all par es to the transac on impar ally and fairly; • May, with the par es' wri en consent, appoint a di erent license holder associated with the broker to each party (owner and
buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. • Must not, unless speci cally authorized in wri ng to do so by the party, disclose:
that the owner will accept a price less than the wri en asking price; that the buyer/tenant will pay a price greater than the price submi ed in a wri en o er; and any con den al informa on or any other informa on that a party speci cally instructs the broker in wri ng 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 transac on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner rst.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s du es and responsibili es to you, and your obliga ons under the representa on 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 no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker’s services. Please acknowledge receipt of this no ce below and retain a copy for your records.
Licensed Broker /Broker Firm Name or Primary Assumed Business Name
License No. Email Phone
Designated Broker of Firm License No. Email Phone
Licensed Supervisor of Sales Agent/Associate
License No. Email Phone
Sales Agent/Associate’s Name License No. Email Phone
Regulated by the Texas Real Estate Commission
Buyer/Tenant/Seller/Landlord Initials
Informa on available at www.trec.texas.gov IABS 1-0
Date
Endura Advisory Group, GP, LLC 581037 [email protected] (210) 366-2222
James G. Lundblad 337803 [email protected] (210) 366-2222