Tuesday, November 23, 2010

CBC SOUTHWEST PARTNERS Positive Signs of the Times in SAN ANTONIO, TEXAS

CBC SOUTHWEST PARTNERS Positive Signs of the Times in SAN ANTONIO, TEXAS
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-san-antonio-texas

CBC SOUTHWEST PARTNERS Positive Signs of the Times in US COMMERCIAL REAL ESTATE

CBC SOUTHWEST PARTNERS Positive Signs of the Times in US COMMERCIAL REAL ESTATE
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-us-commercial-real-estate

Monday, November 22, 2010

CBC SOUTHWEST PARTNERS Positive Signs of the Times in ARLINGTON, VIRGINIA

CBC SOUTHWEST PARTNERS Positive Signs of the Times in ARLINGTON, VIRGINIA
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-arlington-virginia

CBC SOUTHWEST PARTNERS Positive Signs of the Times in PENNSYLVANIA

CBC SOUTHWEST PARTNERS Positive Signs of the Times in PENNSYLVANIA
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-pennsylvania

CBC SOUTHWEST PARTNERS Positive Signs of the Times in ORLANDO, FLORIDA

CBC SOUTHWEST PARTNERS Positive Signs of the Times in ORLANDO, FLORIDA
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-orlando-florida

Saturday, November 20, 2010

CBC SOUTHWEST PARTNERS Positive Signs of the Times in DENVER, COLORADO

CBC SOUTHWEST PARTNERS Positive Signs of the Times in DENVER, COLORADO
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-denver-colorad

CBC SOUTHWEST PARTNERS Positive Signs of the Times in HOUSTON, TEXAS

CBC SOUTHWEST PARTNERS Positive Signs of the Times in HOUSTON, TEXAS
http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-partners-positive-signs-of-the-times-in-houston-texas2

Tuesday, November 16, 2010

CBC Southwest Positive Signs of the Times in AUSTIN, TEXAS

CBC Southwest Positive Signs of the Times in AUSTIN, TEXAS http://www.realtown.com/cbcsouthwest/blog/cbc-southwest-positive-signs-of-the-times-in-austin-texas

Who EXPORTS to CHINA? CBC Southwest Positive Signs of the Times in TEXAS AND CHINA

Who EXPORTS to CHINA? CBC Southwest Positive Signs of the Times in TEXAS AND CHINA http://www.realtown.com/cbcsouthwest/blog/who-exports-to-china-cbc-southwest-positive-signs-of-the-times-in-texas-and-china

Saturday, November 13, 2010

10.26% triple net CAP, Bay City,TX (Houston DMA) AirGas publicly traded tenant + 2 lots. $832K. 3% BBC. http://www.loopnet.com/lid/1691522

10.26% triple net CAP, Bay City,TX (Houston DMA) AirGas publicly traded tenant + 2 lots. $832K. 3% BBC. http://www.loopnet.com/lid/1691522

10.26 triple net lease with accredited tenant, Airgas in Baytown, TX in the powerful Houston DMA economy


Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
Retail Property For Sale


Bay City AirGas Triple Net + 2 lots
1237 7th ST, Bay City, TX 77414
1237 7th ST, Bay City, TX 77414

1237 7th ST, Bay City, TX 77414

Price:$831,480
Building Size:6,400 SF
Price/SF:$129.92
Property Type:Retail
Property Sub-type:Free Standing Bldg
Property Use Type:Net Lease Investment with 2 years left on lease
Commission Split:3%
Cap Rate:10.26%
Occupancy:100%
No. Stories:1
Tenancy:Single
Lot Size:51,000 SF
Tax ID / APN #:24577 & 24582
Last Verified 11/13/2010
Listing ID 16915228






Map of 1237 7th ST, Bay City, TX 77414 (Matagorda County)


Find out more about 1237 7th ST, Bay City





Highlights
10.27% current cap triple Net Lease a publicly traded company, Airgas, as the tenant, with annual rent escalations for up to 11 additional years
Cap rate range beginning 08/11 has annual escalators including 2-5 year optional renewals ranging from 10.58% to 15.51% with a 12.64% avg!
Top 10 opportunities to meet unmet local retail demand avg. $5.4M+ in potential annual revenues ranging from $630K+ to $22M+!
Govt help includes tax abatement, tax free bonds, assistance with jobs training and recruitment, access to the Texas Capital Fund and a local SBDC
Just 68 mi. to South Houston (TX 288 at the Beltway), Sugar Land and Victoria, 79 mi. to Houston Hobby & 99 mi. to Houston Bush.
$1B+ County economy with local incomes growing at a 2.5% annual rate located in the Houston DMA, a global and national economic and jobs leader







Description
Coldwell Banker Commercial Southwest Partners has been retained as the exclusive advisors for the Bay City Triple Net + 2 lots, a triple net property with Airgas, a publicly traded tenant + an adjacent lot on 7th Street and an adjacent lot on 8th Street.

This is a tremendous opportunity to acquire a Triple Net lease at 10.26% cap with annual escalators, in the Houston DMA, with Airgas a publicly traded company as your tenant in a County with a $1B+ economy and local incomes growing on average of 2.5%+ per year.

The community is family friendly with good schools, very low divorce rates, large families and a moderate cost of living.

(1) Tenant is a publicly traded company. Airgas Corp. Ticker symbol: ARG.

(a) Website: http://www.airgas.com/.

(b) Annual report: http://www.airgas.com/AnnualReport/2010/index.html.

(2) Tenant primary client. The tenant' s primary client is STP Nuclear Operating Company an electricity generator. STP is the largest private employer in Matagorda County. We believe this relationship between the tenant and the largest area private employer significantly strengthens the probability of the current tenant renewing for additional 5-year periods.
(1) Community anchored by a diversified employment base. Largest private employers by number of employees:

#1. STP Nuclear Operating Company. Electricity generation. STP is the primary client of the Triple Net Leased Client.

#2. OXEA Corporation. Chemical products.

#3. Lyondell Chemical. Plastics and manufacturing.

#4. Valerus Compressors. Compressor fabrication.

#5. Henderson Manufacturing. Steel fabrication.

(2) 16,500 avg. daily two-way traffic. 2nd highest traffic count reported in Bay City. Data point is 2 blocks east of property on TX HWY 35. The #1 traffic count in Bay City is about 0.5 mi. East on TX HWY 35 eastbound from TX HWY 60. Data from CCIM and ESRI and © 2010 MPSI Systems Inc. d.b.a. DataMetrix®.

(3) Directly on 7th Street (TX HWY 35). TX HWY 35 is the primary east-west corridor into and out of downtown Bay City.

(4) 4 blocks west of the primary downtown Bay City interchange. The primary downtown interchange is TX HWY 35 and TX HWY 60.

(5) Superior regional location. 68 mi. to Southern Houston (TX 288 at the Beltway),






Financial Summary
  Actual
Net Operating Income $75,420
Pre-Tax Cash Flow $75,420




Major Tenant Information
Tenant Lease Expired
Airgas    



Additional Photos

1-satellite

1-satellite


3-front view of Airgas

3-front view of Airgas


4-drive through Airgas warehouse

4-drive through Airgas warehouse


5-Airgas parking and storage

5-Airgas parking and storage


6-front view of 1221 7th AVE

6-front view of 1221 7th AVE


2-Corner of 7th ST and AVE B

2-Corner of 7th ST and AVE B


7-Corner of 7th and AVE A

7-Corner of 7th and AVE A


8-cap rate table

8-cap rate table


9-3 tracts overview

9-3 tracts overview


10-1201 offering

10-1201 offering


11-1201 satellite

11-1201 satellite


12-1221 offering

12-1221 offering


13-1221 satellite

13-1221 satellite


14-1218 offering

14-1218 offering


15-1218 satellite

15-1218 satellite


16-1225 offering

16-1225 offering


17-1225 satellite

17-1225 satellite


18-1231 offering

18-1231 offering


19-1231 satellite

19-1231 satellite


20-1237 offering

20-1237 offering


21-1237 satellite

21-1237 satellite


22-map from downtown

22-map from downtown


23-not in flood plain

23-not in flood plain


24-map of City

24-map of City


25-traffic count

25-traffic count


26-map half-mile radiuses

26-map half-mile radiuses


27-satellite 1-mile radius

27-satellite 1-mile radius


28-map 60-mile radius

28-map 60-mile radius


29-25, 50 & 75-mile radius

29-25, 50 & 75-mile radius


30-map regional

30-map regional


55-avg household size

55-avg household size


60-retail gap factor by subsector

60-retail gap factor by subsector


61-retail gap top 10 by total $ table

61-retail gap top 10 by total $ table


62-retail gap top 10 by total $ chart

62-retail gap top 10 by total $ chart


63-retail gap avg top 3, 5 & 10 by total $

63-retail gap avg top 3, 5 & 10 by total $


64-retail gap top 10 per household $ table

64-retail gap top 10 per household $ table


65-retail gap top 10 per household $ chart

65-retail gap top 10 per household $ chart


66-retail gap avg top 3, 5 & 10 by household $

66-retail gap avg top 3, 5 & 10 by household $


67-retail gap top 10 per person table

67-retail gap top 10 per person table


68-retail gap top 10 per person chart

68-retail gap top 10 per person chart


69-retail gap avg top 3, 5 & 10 per person

69-retail gap avg top 3, 5 & 10 per person


70-avg home values 2010 & 2015

70-avg home values 2010 & 2015


71-% home values $300K-$399K

71-% home values $300K-$399K


84-% service employees

84-% service employees


86-% goverment employees

86-% goverment employees


91-% no mortgage

91-% no mortgage


92-avg mortgage

92-avg mortgage


94-% $1K-$1.5K mortage

94-% $1K-$1.5K mortage


95-% divorced

95-% divorced


96-% 3-4 unit homes

96-% 3-4 unit homes


97-% 5-9 unit homes

97-% 5-9 unit homes


98-% $500K and higher household net worth

98-% $500K and higher household net worth


100-QR code

100-QR code




Coldwell Banker Commercial Southwest Partners George Alexander - (979) 421-9996
The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness.


 
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