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JACKSON PALMER CROSSING
NWC OF BUSINESS 83 AND JACKSON ROAD MCALLEN, TX
THOMAS TYNG
JACKSON PALMER CROSSING
TABLE OF CONTENTS
The information contained was obtained from sources believed reliable, however, REATA Real Estate Services, LP, makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this project is submitted subject to the errors, omissions and change of price or conditions prior to lease or withdrawal.
SECTION I.. ... ... ... ... ... ... ... ... EXECUTIVE SUMMARY
SECTION II. ... ... ... ... ... ... ... ... MAPS
SECTION III ... ... ... ... ... ... ... ... AERIALS
SECTION IV... ... ... ... ... ... ... ... SITE PLAN
SECTION V ... ... ... ... ... ... ... ... RENDERING
SECTION VI... ... ... ... ... ... ... ... ARTICLE
SECTION VII.. ... ... ... ... ... ... ... DEMOGRAPHICS
SECTION VIII . ... ... ... ... ... ... ... AGENCY DISCLOSURE
©REATA REAL ESTATE SERVICES, LP
JACKSON PALMER CROSSING
EXECUTIVE SUMMARY
SECTION I
LOCATION NWC of Business 83 and Jackson Road McAllen, TX 78577
GLA 113,942 SF + 108,003 SF (Home Depot)
SIZE AVAILABLE 19,200 SF (Proposed center on hard corner) 18,000 SF (Build to Suit adjacent to Dollar Tree)
PADS Multiple pad sites available on Business 83
TRIPLE NET CHARGES CAM $1 .50 PSF Taxes $3.50 PSF Insurance $0.30 PSF TOTAL $5.30 PSF
KEY TENANTS Home Depot, Staples, Dollar Tree, Ashley Furniture Nova Healthcare and Point Blank Sporting Goods
AREA RETAILERS Walmart Supercenter, Sam’s Club, Lowe’s Home Improvement, Costco, Best Buy, Ross Dress for Less, Michaels, Target, Academy Sports & Outdoors,, Petsmart, Marshalls and Topgolf (Coming Soon)
TRAFFIC COUNTS Jackson, north of Expressway 83 18,507 CPD (TxDOT 2014) Expressway 83 120,013 CPD
CONTACTS THOMAS TYNG PARTNER 210.841.3222 [email protected]
DEMOGRAPHICS 1 Mile 3 Miles 5 Miles
2017 Estimated Population 8,930 102,520 239,147
2017 Estimated Households 2,881 34,201 74,450
Daytime Population 15,277 69,490 109,055
Average Household Income $43,774 $59,615 $62,898
JACKSON PALMER CROSSING
MAPS
SECTION II
JACKSON PALMER CROSSING
JACKSON PALMER CROSSING
JACKSON PALMER CROSSING
18,5
07
CP
D
120,0
13 C
PD
336
JACKSON PALMERCROSSING
SUBJECT
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,5
07 CPD
MED
ICAL
CEN
TER
S
PAD78,183 SF
PAD72,000 SF
PAD79,937 SF
PAD49,651 SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,507 CPD
MEDICAL
CENTE
RS
PAD78,183SF
PAD72,000SFPAD79,937SF PAD49,651SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
120,013 CPD
18,507 CPD
MEDI C A LC ENTER
S
PAD
78,183 SF
PAD
72,000 SF
PAD
79,937 SF
PAD
49,651 SF
SECTION III
AERIALS
JACKSON PALMER CROSSING
15,0
00
SF
8,000 SF
23,942 SF
12,0
00
SFHOME DEPOT
108,003 SF GARDENCENTER
21,984 SF
AVAILABLE55,000 SF
PARCEL 5
PARCEL 6
ART DAORLIAR CKS
PARCEL8A
PARCEL 9A79,937 SF
PARCEL 772,000 SF
PARCEL 12PARCEL 1A
PARCEL 2A
PARCEL 3
PARCEL 949,651 SF
PARCEL 818
,00
0 S
F(t
o b
e b
uilt
)
20
,00
0 S
F
7,000 SF6,100 SF
BUSINESS 83
US EX
PWY 8
3
N J
AC
KS
ON
RD
(F
M 3
36
2)
CEDAR AVE
BUSINESS 83M
ED
IC
AL
CE
NT
ER
S
RETAIL BUILDING19,200 SF
PAD: 78,133 SF
PH
AR
RT
OW
N C
EN
TE
R
SECTION IV
SITE PLANS
JACKSON PALMER CROSSING
PAD: 78,133 SF
SECTION IV
SITE PLANS
JACKSON PALMER CROSSING
JACKSON PALMER RETAILPalmco Inc.
JOB NUMBER: 2951 MARCH 13, 2012
SECTION V
RENDERING
JACKSON PALMER CROSSING
TOPGOLF ENTERTAINMENT FACILITY COMING TO PHARR IN 2018
BY NAXIELY LOPEZ-PUENTE, STAFF WRITER THE MONITOR — SEPTEMBER 16, 201
PHARR — Topgolf is coming here very soon, according to information filed with the Texas Department of Licens-ing and Regulation.
Construction on the three-story entertainment facility is expected to begin in November and be completed by September 2018, according to the filing.
The $10 million dollar project includes a 55,000-square-foot building plus a roughly four acre driving range and a three-acre parking lot. It will be located across the street from Costco Wholesale at 1901 W. Interstate 2.
The facility, which specializes in golf and offers a variety of other games and entertainment, is being designed by Aria Group Architects, according to the state agency.
ARTICLE
SECTION VI
JACKSON PALMER CROSSING
DEMOGRAPHICS
SECTION VIIDemographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577
PO
PU
LATI
ON
2017 Estimated Population 8,930 102,520 239,1472022 Projected Population 9,551 109,224 253,3392010 Census Population 7,944 92,869 218,8452000 Census Population 7,837 82,669 172,709Projected Annual Growth 2017 to 2022 1.4% 1.3% 1.2%Historical Annual Growth 2000 to 2017 0.8% 1.4% 2.3%
HO
US
EH
OLD
S 2017 Estimated Households 2,881 34,201 74,4502022 Projected Households 3,151 37,221 80,6132010 Census Households 2,515 30,277 66,7092000 Census Households 2,517 25,987 51,149Projected Annual Growth 2017 to 2022 1.9% 1.8% 1.7%Historical Annual Growth 2000 to 2017 0.8% 1.9% 2.7%
AG
E
2017 Est. Population Under 10 Years 18.7% 16.4% 17.2%2017 Est. Population 10 to 19 Years 15.0% 14.8% 16.2%2017 Est. Population 20 to 29 Years 14.6% 15.2% 14.8%2017 Est. Population 30 to 44 Years 16.7% 18.2% 19.2%2017 Est. Population 45 to 59 Years 14.7% 16.0% 15.9%2017 Est. Population 60 to 74 Years 12.2% 12.2% 11.0%2017 Est. Population 75 Years or Over 8.1% 7.3% 5.7%2017 Est. Median Age 31.5 32.5 30.9
MA
RIT
AL
STA
TUS
&
GE
ND
ER
2017 Est. Male Population 47.2% 47.9% 48.1%2017 Est. Female Population 52.8% 52.1% 51.9%
2017 Est. Never Married 31.1% 32.2% 31.7%2017 Est. Now Married 36.2% 41.0% 44.4%2017 Est. Separated or Divorced 23.5% 19.6% 17.8%2017 Est. Widowed 9.2% 7.3% 6.0%
INC
OM
E
2017 Est. HH Income $200,000 or More 1.9% 3.7% 4.2%2017 Est. HH Income $150,000 to $199,999 2.8% 2.6% 3.3%2017 Est. HH Income $100,000 to $149,999 9.3% 9.3% 9.9%2017 Est. HH Income $75,000 to $99,999 6.6% 9.2% 10.4%2017 Est. HH Income $50,000 to $74,999 9.9% 15.9% 16.4%2017 Est. HH Income $35,000 to $49,999 9.1% 13.8% 13.4%2017 Est. HH Income $25,000 to $34,999 7.3% 10.2% 11.1%2017 Est. HH Income $15,000 to $24,999 18.8% 14.3% 13.2%2017 Est. HH Income Under $15,000 34.2% 21.2% 18.1%2017 Est. Average Household Income $43,774 $59,615 $62,8982017 Est. Median Household Income $29,449 $41,988 $47,0702017 Est. Per Capita Income $14,284 $19,939 $19,617
2017 Est. Total Businesses 905 6,280 9,8492017 Est. Total Employees 15,277 69,490 109,055
JACKSON PALMER CROSSING
DEMOGRAPHICS
Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 2 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577
RA
CE
2017 Est. White 79.2% 82.7% 84.6%2017 Est. Black 1.1% 1.2% 1.1%2017 Est. Asian or Pacific Islander 0.9% 1.7% 2.0%2017 Est. American Indian or Alaska Native 0.4% 0.4% 0.4%2017 Est. Other Races 18.4% 14.0% 12.0%
HIS
PA
NIC 2017 Est. Hispanic Population 8,108 91,734 214,127
2017 Est. Hispanic Population 90.8% 89.5% 89.5%2022 Proj. Hispanic Population 91.4% 90.1% 90.1%2010 Hispanic Population 89.8% 88.6% 88.8%
ED
UC
ATI
ON
(Adu
lts 2
5 or
Old
er)
2017 Est. Adult Population (25 Years or Over) 5,244 62,646 141,1822017 Est. Elementary (Grade Level 0 to 8) 22.9% 19.9% 19.1%2017 Est. Some High School (Grade Level 9 to 11) 11.6% 11.5% 12.2%2017 Est. High School Graduate 21.8% 24.0% 22.8%2017 Est. Some College 19.8% 19.3% 18.8%2017 Est. Associate Degree Only 3.5% 4.8% 5.4%2017 Est. Bachelor Degree Only 15.5% 14.6% 15.3%2017 Est. Graduate Degree 4.9% 5.8% 6.2%
HO
US
ING 2017 Est. Total Housing Units 3,163 37,667 81,248
2017 Est. Owner-Occupied 40.4% 48.7% 56.8%2017 Est. Renter-Occupied 50.7% 42.1% 34.8%2017 Est. Vacant Housing 8.9% 9.2% 8.4%
HO
ME
S B
UIL
T B
Y Y
EA
R 2010 Homes Built 2005 or later 0.4% 0.5% 0.7%2010 Homes Built 2000 to 2004 26.2% 30.1% 32.3%2010 Homes Built 1990 to 1999 14.5% 16.6% 21.3%2010 Homes Built 1980 to 1989 14.1% 18.6% 20.2%2010 Homes Built 1970 to 1979 19.2% 16.0% 14.5%2010 Homes Built 1960 to 1969 13.1% 11.6% 8.2%2010 Homes Built 1950 to 1959 9.5% 7.7% 4.8%2010 Homes Built Before 1949 7.3% 5.5% 3.3%
HO
ME
VA
LUE
S
2010 Home Value $1,000,000 or More 0.1% 0.3% 0.2%2010 Home Value $500,000 to $999,999 0.9% 1.8% 1.2%2010 Home Value $400,000 to $499,999 0.2% 0.5% 0.6%2010 Home Value $300,000 to $399,999 6.3% 4.0% 3.7%2010 Home Value $200,000 to $299,999 11.6% 5.8% 8.1%2010 Home Value $150,000 to $199,999 13.9% 13.5% 13.7%2010 Home Value $100,000 to $149,999 13.3% 22.5% 24.6%2010 Home Value $50,000 to $99,999 38.9% 38.0% 38.1%2010 Home Value $25,000 to $49,999 13.9% 16.1% 13.5%2010 Home Value Under $25,000 9.2% 7.1% 6.6%2010 Median Home Value $106,960 $96,031 $101,5972010 Median Rent $506 $583 $593
SECTION VII
JACKSON PALMER CROSSING
DEMOGRAPHICS
Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 3 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
Thi
s re
port
was
pro
duce
d us
ing
data
from
priv
ate
and
gove
rnm
ent s
ourc
es d
eem
ed to
be
relia
ble.
The
info
rmat
ion
here
in is
pro
vide
d w
ithou
t rep
rese
ntat
ion
or w
arra
nty.
FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.2010/-98.2054RF1
Jackson Palmer Crossing1 mi radius 3 mi radius 5 mi radius
403 N Jackson Rd, Pharr, TX 78577
LAB
OR
FO
RC
E
2017 Est. Labor Population Age 16 Years or Over 6,422 76,492 174,3332017 Est. Civilian Employed 50.5% 54.9% 55.2%2017 Est. Civilian Unemployed 3.7% 3.4% 3.4%2017 Est. in Armed Forces 0.1% - 0.1%2017 Est. not in Labor Force 45.8% 41.7% 41.3%2017 Labor Force Males 45.3% 46.7% 47.0%2017 Labor Force Females 54.7% 53.3% 53.0%
OC
CU
PA
TIO
N
2010 Occupation: Population Age 16 Years or Over 3,272 42,022 96,2832010 Mgmt, Business, & Financial Operations 13.0% 9.9% 10.7%2010 Professional, Related 15.0% 17.9% 18.5%2010 Service 23.8% 24.2% 22.3%2010 Sales, Office 27.5% 28.6% 28.0%2010 Farming, Fishing, Forestry 0.6% 0.7% 0.7%2010 Construction, Extraction, Maintenance 11.1% 8.8% 9.6%2010 Production, Transport, Material Moving 9.1% 9.9% 10.1%2010 White Collar Workers 55.4% 56.4% 57.2%2010 Blue Collar Workers 44.6% 43.6% 42.8%
TRA
NS
PO
RTA
TIO
NTO
WO
RK
2010 Drive to Work Alone 82.4% 77.2% 77.9%2010 Drive to Work in Carpool 10.2% 9.4% 9.2%2010 Travel to Work by Public Transportation 0.6% 1.1% 0.9%2010 Drive to Work on Motorcycle - 0.1% 0.1%2010 Walk or Bicycle to Work 1.2% 0.8% 0.9%2010 Other Means 3.1% 5.8% 5.7%2010 Work at Home 2.6% 5.6% 5.3%
TRA
VE
L TI
ME 2010 Travel to Work in 14 Minutes or Less 42.2% 41.3% 36.5%
2010 Travel to Work in 15 to 29 Minutes 42.2% 50.0% 51.2%2010 Travel to Work in 30 to 59 Minutes 10.8% 12.9% 13.7%2010 Travel to Work in 60 Minutes or More 2.9% 3.5% 4.6%2010 Average Travel Time to Work 15.8 16.5 17.4
CO
NS
UM
ER
EX
PE
ND
ITU
RE
2017 Est. Total Household Expenditure $115 M $1.66 B $3.76 B2017 Est. Apparel $4.03 M $58.3 M $132 M2017 Est. Contributions, Gifts $7.11 M $107 M $245 M2017 Est. Education, Reading $4.40 M $62.8 M $143 M2017 Est. Entertainment $6.25 M $92.0 M $209 M2017 Est. Food, Beverages, Tobacco $18.2 M $260 M $586 M2017 Est. Furnishings, Equipment $3.69 M $55.0 M $125 M2017 Est. Health Care, Insurance $10.3 M $148 M $331 M2017 Est. Household Operations, Shelter, Utilities $36.0 M $518 M $1.17 B2017 Est. Miscellaneous Expenses $1.69 M $24.7 M $55.3 M2017 Est. Personal Care $1.50 M $21.7 M $48.9 M2017 Est. Transportation $21.4 M $315 M $714 M
SECTION VII
JACKSON PALMER CROSSING
AGENCY DISCLOSURE
SECTION VIII
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 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, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information 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 first obtain the written agreement of each party to
the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined 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 and 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. 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 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 you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Licensed Broker/Broker Firm Name or Primary Assumed Business Name
License Number Email PhoneREATA Real Estate Services, LP 9002891 [email protected] 210.930.4111
Designated Broker of Firm License Number Email PhoneThomas C. Tyng, Jr. 0406718 [email protected] 210.930.4111
Regulated by the Texas Real Estate Commission. Information available at www.trec.texas.gov IABS 1-0 02/16/16
Buyer/Tenant/Seller/Landlord Initials Date
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone
Sales Agent License Number Email Phone