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±8.07 Acres Culebra Road San Antonio, Texas 78251 ±8.07 ACRES CULEBRA ROAD SAN ANTONIO, TEXAS 78251 KRISTEN MCDADE LAUREN GEARY MATT DAVIS Senior Director Marketing Coordinator Analyst T: +1 713 469 4509 T: +1 346 444 8968 T: +1 346 444 8961 [email protected] [email protected] [email protected] N 2 ±8.07 AC. | CULEBRA RD. 3 N 4 ±8.07 AC. | CULEBRA RD. 5 MARKET AREA SURVEY According to Zillow, the median home price in zip code 78251 was $161,100 in January 2017, up 4.3% from one year prior. Home prices in this zip code are forecast to rise 3.9% within the next year. Northside Independent School District is the public school system in this area. Local district schools serving families with school-age chil- dren include Myers Elementary School (1 mile), Jordan Middle School (1.8 miles), and Holmes High School (1.8 miles). ENTERTAINMENT Located in northwest San Antonio, the site is in close proximity to all of San Antonio’s well-known attractions. 5 MILES SeaWorld San Antonio and the San Antonio Aquarium, featuring warm and cold water fish, reptiles and tropical birds. 15 MILES Six Flags Fiesta Texas and the Shops at La Cantera, an award-winning open-air shopping center with an assortment of high- end retailers and dining choices. 20 MILES The downtown San Antonio area which is home to The Alamo, the River Walk and the San Antonio Museum of Art. For sporting fans, the AT&T Center, which is home to the San Antonio Spurs but also used for hockey and concerts and hosts the annual San Antonio Stock Show & Rodeo, as well as the Alamodome are also within 20 miles. ECONOMIC DRIVERS • Healthcare - The San Antonio region boasts over 164,000 health care employees and the health care industry has a $30 billion annual economic impact in the area. A key contributor to the industry is the South Texas Medical Center (STMC), which consists of twelve hospitals, five specialty institutions, and separate medical, dental and nursing schools. 2017 ESTIMATED DEMOGRAPHICS • Information Technology - Extensive training programs at the University of Texas at San Antonio have 1-MILE 3-MILE 5-MILE made San Antonio a national leader in cybersecurity education. Two primary information technology employers in the area are Rackspace, Inc., with more than 1,600 employees locally, and NCI, which employs POPULATION 19,973 113,757 342,898 400 workers. Overall, the industry supports over 34,000 jobs and boasts a $10 billion economic impact. AVG. HOUSEHOLD INCOME $66,572 $68,796 $66,629 • Port San Antonio (9.0 miles from property) – Encompassing more than nine million square feet of AVG. HOUSING VALUE $160,332 $160,798 $152,741 space, Port San Antonio is home to over 70 tenants in aviation, logistics, warehousing/distribution, and manufacturing. Port San Antonio’s Kelly Field has an 11,500-foot runway capable of accommodating heavy-lift aircraft of all types. The port has a combined direct and indirect economic impact in excess of TRAFFIC COUNTS $2.5 billion and supports 14,000 jobs directly. • Joint Base San Antonio (JBSA) - A vital component in San Antonio’s dynamic economy is the military, CARS PER DAY (CPD) primarily Joint Base San Antonio (JBSA), comprised of Lackland Air Force Base, Randolph Air Force CULEBRA RD. at PIPERS CREEK (2016) 49,000 Base, and Fort Sam Houston. Direct employment is more than 77,600 personnel, with direct and indirect employment reaching nearly 283,000 workers. JBSA boasts an economic impact of $48.7 billion statewide REED RD. at CULEBRA RD. (2015) 5,264 and $17 billion in disposable income for employees. 6 ±8.07 AC. | CULEBRA RD. 7 SAN ANTONIO, TX BY THE NUMBERS TOTAL POPULATION MEDIAN AGE 2010 2,142,508 2010 34.3 2017* 2,437,574 2017* 35.1 2022* 2,615,551 2022* 35.8 growth rate (2017 - 2021) 7.3% TOTAL HOUSEHOLDS $ MEDIAN HOME PRICE 2010 763,022 march - 2016 $209,950 2017* 870,599 march - 2017 $918,050 2022* 934,202 growth rate y-o-y 3.9% growth rate (2017 - 2021) 7.3% MEDIAN INCOME RENT VS. OWN 2010 $50,764 average mortgage payment $1,249 $ 2017* $57,779 average rent $910 2022* $65,515 difference $339 growth rate (2017 - 2021) 13.4% *projected 8 ±8.07 AC. | CULEBRA RD. 9 Best Job Market San Antonio was named one of the "Best Job Markets in the Nation" -Forbes Fastest Growing City New Braunfels ranked as the "Second-Fastest Growing City in the Nation" -New Braunfels Economic Development Council INTRODUCTION Strongest Economy The San Antonio-New Braunfels, TX Metropolitan Statistical Area (MSA), collectively referred to as “Greater San Antonio,” encompasses approximately 7,400 square miles within eight counties in south-central Home to one of the "Strongest Economies among Large U.S. Metro Areas" Texas, near the convergence of Texas Hill Country and the Gulf Coastal -Brookings Institute Plain. With over 2.4 million residents, the San Antonio MSA is the third most populated metropolitan area in the state of Texas and the 25th largest metro area in the United States. The region is readily accessible to other major Texas population centers and is located midway between the nation’s East and West coasts, consistently attracting corporate relocations and expansions because of its logistical benefits and access to numerous commercial enterprises. Business Friendly Greater San Antonio offers a high quality of life, with more than 240 San Antonio was ranked among the top "Cities to Start a Business" parks, sports facilities, and recreation centers. The region is also -WalletHub home to the San Antonio Spurs, Sea World San Antonio, Six Flags Fiesta Texas, San Antonio River Walk, and The Alamo. The area boasts more than 32,000 dining and pub opportunities with a wide variety of cuisines. 10 ±8.07 AC. | CULEBRA RD. 11 ±8.07 ACRES CULEBRA ROAD SAN ANTONIO, TEXAS 78251 ±8.07 acres of land in San Antonio, Texas, Bexar County ±210’ frontage on Culebra Road (FM 1957) Good access, visibility and traffic counts make SITE the site well suited for uses such as a grocer, retail, fast food, restaurant, medical, hotel, gym, storage and/or auto-collision Contact broker for pricing KRISTEN MCDADE LAUREN GEARY MATT DAVIS Senior Director Marketing Coordinator Analyst T: +1 713 469 4509 T: +1 346 444 8968 T: +1 346 444 8961 [email protected] [email protected] [email protected] 2229 San Felipe Street; Suite 1600 Houston, TX 77019 © 2017 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. In California, Berkadia Real Estate Advisors Inc. conducts business under CA Real Estate Broker Lic. #01931050, Berkadia Commercial Mortgage LLC under CA Finance Lender & Broker Lic. #998-0701, Berkadia Commercial Mortgage Inc. under CA Real Estate Broker Lic. #01874116. For state licensing details for the above entities, visit: www.berkadia.com/legal/ licensing.aspx.
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