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701 Austin St Retail/Office 701 Austin St AUSTIN ST 701 Austin St Retail/Office 701 Austin St. San Antonio, TX 78215 For Sale DRASTIC PRICE REDUCTION Blake M. Bonner 210 524 4000 Senior Vice President, Brokerage Services 8023 Vantage Drive, Suite 1200 Direct Line 210 524 1305 R E OC San Antonio TX 78230 SAN ANTONIO [email protected] reocsanantonio.com R E OC Table of Contents SAN ANTONIO SECTION 1 Maps SECTION 2 Survey SECTION 4 Photos SECTION 5 Property Summary SECTION 6 Quote Sheet SECTION 7 San Antonio Overview SECTION 8 Retail Market Snapshot SECTION 9 Demographics SECTION 10 TREC Agency Disclosure Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] © 2016 REOC San Antonio. REOC San Antonio is a licensed Real Estate broker in the State of Texas operating under REOC General Partner, LLC. The information contained herein is deemed 210 524 4000 accurate as it has been reported to us by reliable sources. As such, we can make no warranty or representation as to the accuracy or completeness thereof. Further, the property is presented subject to availability, change in price or terms, prior sale or lease, or withdrawal from the market. R E OC City Location Map SAN ANTONIO ¯ )"1604 SA International Airport ¨¦§10 S. Texas Med Center ¤£281 ¨¦§410 SITE ¨¦§35 ¨¦§10 ¤£90 ¨¦§410 ¤£87 Blake M. Bonner Senior Vice President, Brokerage Services ¨¦§37 Direct Line 210 524 1305 [email protected] 210 524 4000 ¨¦§35 ¤£181 )"1604 R E OC Aerial Map SAN ANTONIO V Trinity University Brackenridge A N H V T G A S ¯ U O D S O R R E L D L R WOODLAWN A O V E E U O C P L C Brackenridge N F N A C Brackenridge Golf Course A L M S Brackenridge B Ft Sam Houston F R E San Pedro Springs ¤£281 D E R N IC San Antonio College K T S S B U San Antonio College O N R M G A T R Metropolitan Methodist Hospital L S D Crockett A O Y D N N A Pershing A T V 35 W N R N S A ¨¦§ D N O V T A Y T N L A I S O R S O A R S S R C E L M B E Y V E I R B Eduardo Garcia F L A K N O M C Madison Square Maverick U A ST A SITE H N Romana Plaza R B T University Hospital - Robert B. Green Campus Baptist Medical Center S W S Blake M. Bonner E 10 R N MAR N TIN N § S ¨¦ E Senior Vice President, T W Columbus T V T Lockwood Brokerage Services S Christus Santa Rosa Hospital - City Centre E S Direct Line 210 524 1305 Y Dignowity G O Travis Park R [email protected] I San Fernando Gymnasium R R Healy Murphy E F Milam H C Martin Luther King Plaza Alamo Plaza 37 HOUSTON ST E Market Square ¨¦§ 210 524 4000 Plaza de las Islas n n Univ. of Texas - S.A. (Downtown) Riverwalk CO Historic City Cemeteries MME Euretta Fairchild D RCE UR ST Martin Luther King Plaza n A E N La Villita Historic City Cemeteries S G O S T S Hemisfair Historic City Cemeteries Historic City Cemeteries T T S S W S Historic City Cemeteries T O I Y DUR S Commanders House A n R NG R E Historic City Cemeteries F O R n V n E S I King William T L n E H St. Philips College O 35 C ¨¦§ Pittman Sullivan R E OC Oblique Aerial SAN ANTONIO Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Site Aerial SAN ANTONIO AUSTIN ST Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Survey SAN ANTONIO Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Exterior Photos SAN ANTONIO Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Original Photos SAN ANTONIO Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Current Photos SAN ANTONIO Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 R E OC Property Summary SAN ANTONIO Address 701 Austin St Comments Location Austin St between E. Jones and Duval Street Easily accessible from IH-35, IH-37, and Broadway Two-story stone structure Property .3775 acres Details 6,728 SF 3 curb cuts along Austin St. Across from active railroad tracks, makes for an ideal setting Legal NCB 497 BLK 40 LOT E 75 FT OF S 60 FT OF 31 Adjacent land for parking included in sale Description Minutes from Pearl and Downtown destinations Zoning D Walkable bars, restaurants, and housing nearby Road 346.6 Austin St Frontage Traffic Counts Austin St, just south of IH 35; 3,588 vpd (2017) Utilities Electric, Water, Sewer, Phone, Gas IH 37 just North of E Jones Ave; 154,258 vpd (2017) Parking 30 surface parking spaces NOTE: Seller will retain the land containing the billboard and will grant a parking easement to Buyer. Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] 210 524 4000 REOC San Antonio believes this information to be accurate but makes no representations or warranties as to the accuracy of this information. R E OC Quote Sheet SAN ANTONIO Sale Price $995,000 $775,000 Earnest Money Negotiable Title Commitment Delivered to Buyer within ten (10) days of contract Effective Date Survey Current survey delivered to Buyer within ten (10) days of contract Effective Date Feasibility Period Ninety (90) days from the contract Effective Date Closing Thirty (30) days after the end of the Feasibility Period Disclosure A copy of the attached Real Estate Agency Disclosure Form should be signed by the appropriate individual and returned to Seller’s representative. Blake M. Bonner Senior Vice President, Brokerage Services Direct Line 210 524 1305 [email protected] Actual Sale Price under any proposed purchase contract is a function of the relationship of numerous characteristics including credit worthiness of buyer and other factors deemed important by the Seller. This Quote Sheet does not constitute an offer. Neither this document nor any oral discussions between the parties is intended to be a legally binding agreement, but merely expresses terms and conditions upon which the Landlord may be willing to enter into an agreement. This Quote Sheet is subject to modification, prior sale or withdrawal without 210 524 4000 notice and neither party hereto shall be bound until definitive written agreements are executed by and delivered to all parties to the transaction. The information provided herein is deemed reliable, however, no warranties or representations as to the accuracy are intended, whether expressed or implied. R E OC San Antonio Overview SAN ANTONIO Largest U.S. Cities San Antonio-New Braunfels Metro Area 1 New York 73.5% 2 Los Angeles 2000 Census 1,711,703 32.9 601,265 7.1% 0.8% 3 Chicago 2010 Census 2,142,508 34.1 763,022 2.6% 2018 Estimate 2,511,792 35.4 892,489 12.1% 4 Houston 2023 Projection 2,748,963 36.1 976,679 Population Median Age Households Total 3.7% 5 Philadelphia 0.1% Black Alone 6 Phoenix American Indian Alone Asian Alone 7 San Antonio Pacific Islander Alone Some Other Race Alone Two or More Races 8 San Diego 2000 Census $51,426 $39,029 $18,443 White Alone 9 Dallas 2010 Census $62,458 $50,146 $22,135 2018 Estimate $80,162 $57,234 $29,019 44.1% Per Capita Income Avg. Household Income Avg. 10 San Jose 2023 Projection $90,187 Median Household Income $63,405 $32,533 55.9% Hispanic Origin (Any Race) Major Industries Major Industries Non-Hispanic Dallas HospitalityHospitality/Tourism & Tourism 280 miles MilitaryMilitary Real EstateReal Estate& Construction & Construction Fortune 500 Companies Austin SAT Rankings US 80 miles FinanceFinance Houston 1 Valero Energy 31 San 200 miles Antonio Health CareHealth & Care Bioscience & Bioscience 2 Tesoro Corp 90 Corpus ManufacturingManufacturing Blake M. Bonner Laredo/ Christi Nvo. Laredo 145 miles $0 $5 $10 $15 $20 $25 $30 Senior Vice President, 150 miles $0 $5 $10 $15 $20 $25 $30 In Billions 3 USAA 100 Brokerage Services Mexico City Direct Line 210 524 1305 900 miles 4 iHeartMedia 426 [email protected] Located in South Central Texas within Bexar County, San Antonio occupies approximately 504 square miles. Situated about 140 miles north of the Gulf of Mexico where the Gulf 210 524 4000 Coastal Plain and Texas Hill Country meet. Sources: U.S. Census; ESRI 2014 Estimates; U.S. Census Bureau 2010, ESRI forecasts for 2018 & 2023; Fortune Demographics:Demographic and Inc 1-Mileome Profile R E OC 701 Austin St Prepared by Esri SAN ANTONIO 701 Austin St, San Antonio, Texas, 78215 Latitude: 29.43539 Ring: 1 mile radius Longitude: -98.47677 Summary Census 2010 2020 2025 Population 9,031 14,895 18,000 Households 3,315 5,627 6,958 Families 1,679 2,840 3,419 Average Household Size 2.46 2.50 2.46 Owner Occupied Housing Units 1,139 1,228 1,385 Renter Occupied Housing Units 2,176 4,399 5,573 Median Age 37.1 36.5 37.4 Trends: 2020-2025 Annual Rate Area State National Population 3.86% 1.54% 0.72% Households 4.34% 1.51% 0.72% Families 3.78% 1.47% 0.64% Owner HHs 2.44% 1.53% 0.72% Median Household Income 1.22% 1.43% 1.60% 2020 2025 Households by Income Number Percent Number Percent <$15,000 1,524 27.1% 1,756 25.2% $15,000 - $24,999 679 12.1% 797 11.5% $25,000 - $34,999 704 12.5% 889 12.8% $35,000 - $49,999 781 13.9% 1,013 14.6% $50,000 - $74,999 736 13.1% 990 14.2% $75,000 - $99,999 500 8.9% 677 9.7% $100,000 - $149,999 287 5.1% 386 5.5% $150,000 - $199,999 192 3.4% 220 3.2% $200,000+ 224 4.0% 231 3.3% Median Household Income $33,313 $35,396 Average Household Income $54,919 $56,607 Per Capita Income $21,227 $22,330 Census 2010 2020 2025 Population by Age Number Percent Number Percent Number Percent 0 - 4 648 7.2% 1,035 6.9% 1,232 6.8% 5 - 9 564 6.2% 1,000 6.7% 1,141 6.3% 10 - 14 484 5.4% 947 6.4% 1,118 6.2% 15 - 19 497 5.5% 851 5.7% 1,041 5.8% 20 - 24 715 7.9% 1,038 7.0% 1,334 7.4% 25 - 34 1,359 15.1% 2,287 15.4% 2,550 14.2% 35 - 44 1,224 13.6% 1,873 12.6% 2,362 13.1% 45 - 54 1,440 15.9% 1,905 12.8% 2,186 12.1% 55 - 64 1,059 11.7% 1,882 12.6% 2,140 11.9% 65 - 74 538 6.0% 1,263 8.5% 1,748 9.7% 75 - 84 355 3.9% 579 3.9% 862 4.8% 85+ 146 1.6% 235 1.6% 287 1.6% Census 2010 2020 2025 Blake M.
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