Thursday, January 13, 2011

CBC Southwest Cloud listing with Heritage Texas Newest & best comm retail in downtown La Grange, Fayette County, # 1 rural TX county to live in


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


NEWEST & BEST LOCATION AVAIL IN DOWNTOWN LA GRANGE
336 Travis ST (TX SR 71 Bus), La Grange, TX 78945
336 Travis ST (TX SR 71 Bus), La Grange, TX 78945

336 Travis ST (TX SR 71 Bus), La Grange, TX 78945

Price:$475,000
Building Size:3,180 SF
Price/SF:$149.37
Property Type:Retail
Property Sub-type:Free Standing Bldg
Property Use Type:Vacant/Owner-User
Commission Split:3%
No. Stories:1
Year Built:2005
Lot Size:27,702 SF
Tax ID / APN #:38423 & 38428
Last Verified 12/17/2010
Listing ID 16953885






Map of 336 Travis ST (TX SR 71 Bus), La Grange, TX 78945 (Fayette County)


Find out more about 336 Travis ST (TX SR 71 Bus), La Grange





Highlights
3,180 SF In downtown La Grange with all utilities pulled to building including flexible Commercial zoning w/ permitted very large electric sign
Directly on TX SR 71 B (Travis ST) 2 blocks south of its intersection with US HWY 77 Business (Jefferson ST) La Grange City center 7,900 AADT
Unmet County retail demand. Top 10 range from $2.1M+ to $50M+ in annual potential revenues. Top 3 avg. $39M+, top 5 avg. $28M+ & top 10 avg. $15M+
Excellent rural school system. All 4 schools have very high Parent ratings. The elementary and intermediate are TEA Recognized
Fayette County is # 1 rural Texas County and # 7 rural US County to live in Progressive Farmer' s annual poll
In the very affluent Austin DMA and one County removed from the extremely strong Houston DMA and the growing College Station-Waco DMA







Description
Wendy Plaza in Downtown La Grange, in Fayette County, Texas. The Wendy Plaza is a vacant, free-standing retail/commercial building and is the youngest building available in the downtown La Grange market. Included in the sale is a highly coveted permitted, large, lighted sign.

Super location on Texas SR 71 Business (Travis ST) the primary north-south La Grange corridor with 7,900 avg daily two-way traffic. Excellent visibility near the downtown square, a thriving downtown bustling with activity.

Built in 2005, the free-standing building has 3,180 SF on 0.636 acres with 3K+ of off-street parking providing an estimated 40 parking spaces. Designed and built for the previous triple net client, Movie Gallery. We believe it will be easy to convert to multiple tenants.

Located in La Grange, the County Seat of Fayette County, the # 1 Texas and # 7 US rural County to live in. Great quality of life, low cost of living, good schools and easy proximity to Austin, College Station and Houston.

Assumable 1st loan. Also available for rent at $3,500 per month.
RETAIL GAP ANALYSIS

(1) County unmet local retail demand summary. Top 10 opportunities range from $2.1M+ to $50M+ in annual potential revenues (Total $). Top 3 avg: $39M+ Total $, top 5 avg $28M+ & top 10 avg $15M+. Top 5 avg: $28M+ Total $, $3,080 an-nually per HH & $1,233 annually per person. Top 10 avg: $15M+ Total $, $1,688 annually per HH & $397 annually per person.

(2) Key top opportunities.

(a) Other General Merchandise $50M+ Total $. $5,367 annually per HH & $2,149 annually per person.

(b) Motor Vehicles & Parts $24M+ Total $. $2,590 annually per HH & $1,037 annually per person.

(c) Limited-Service Eating $4.4M+ Total $. $470 annually per HH. $188 annually per person.

(d) Building Materials, Garden Equipment & Supplies $2.7M+ Total $.
$298 annually per HH. $119 annually per person.

(e) Furniture & Home Furnishings $2.4M+ Total $. $263 annually per HH. $105 annually per person.

LOCATION

(3) Two blocks southwest from downtown La Grange city-center. Directly on TX SR 71 Business (Travis ST) just two blocks south of its intersection with US HWY 77 Business (S Jefferson ST) w/ 7,790 AADT.





Additional Photos

2-view across from Travis ST

2-view across from Travis ST


3-front view

3-front view


4-street level view

4-street level view


5-sign close up

5-sign close up


6-Travis ST south

6-Travis ST south


20-satellite close up

20-satellite close up


21-satellite one-fifth mile radius

21-satellite one-fifth mile radius


26-satellite half mile and one mile radiuses

26-satellite half mile and one mile radiuses


30-La Grange map

30-La Grange map


31-area map

31-area map


32-regional map

32-regional map


33-QR code

33-QR code


41-retail gap total $ summary table

41-retail gap total $ summary table


42-retail gap total $ top 10 graph

42-retail gap total $ top 10 graph


43-retail gap total $ avg top 3, 5 & 10 graph

43-retail gap total $ avg top 3, 5 & 10 graph


44-retail gap total $ per household summary table

44-retail gap total $ per household summary table


45-retail gap total $ by household top 10 graph

45-retail gap total $ by household top 10 graph


46-retail gap total $ per household avg top 3, 5 & 10 graph

46-retail gap total $ per household avg top 3, 5 & 10 graph


47-retail gap total $ per person summary table

47-retail gap total $ per person summary table


48-retail gap total $ by person top 10 graph

48-retail gap total $ by person top 10 graph


46-retail gap total $ per person avg top 3, 5 & 10 graph

46-retail gap total $ per person avg top 3, 5 & 10 graph


Main

Main



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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