overview description - loopnet · overview building size +/- 15,120 sf parcel size 1.24 acres rate...

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Description Just west of TC Jester at the corner of FM 1960/Cypress Creek Parkway and Falling Creek Drive Signalized intersection Free standing building with drive thru Adjacent to brand new ALDI Signage available along FM 1960/Cypress Creek Parkway Traffic counts over 60,000 VPD 1 MILE 3 MILE 5 MILE Total Population 14,789 108,450 312,128 Total Households 6,304 441,976 119,845 Avg Household Income $74,099 $85,939 $82,309 Year: 2015 | Source: Esri Demographics Traffic Counts Cypress Creek Parkway 56863 VPD Year: 2015 | Source: TxDOT Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASE Former Walgreens For Sublease 3833 Cypress Creek Parkway | Houston, TX Contact CODY PERSYN 281.661.3222 | [email protected] SRS REAL ESTATE PARTNERS | 2950 North Loop West, Suite 1125 | Houston, TX 77092 | 281.661.3220 This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

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Page 1: Overview Description - LoopNet · Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASEFormer Walgreens For

Description• Just west of TC Jester at the corner of FM 1960/Cypress Creek

Parkway and Falling Creek Drive• Signalized intersection• Free standing building with drive thru• Adjacent to brand new ALDI• Signage available along FM 1960/Cypress Creek Parkway• Traffic counts over 60,000 VPD

1 MILE 3 MILE 5 MILETotal Population 14,789 108,450 312,128Total Households 6,304 441,976 119,845Avg Household Income $74,099 $85,939 $82,309Year: 2015 | Source: Esri

Demographics

Traffic CountsCypress Creek Parkway 56863 VPDYear: 2015 | Source: TxDOT

OverviewBUILDING SIZE +/- 15,120 SF

PARCEL SIZE 1.24 Acres

RATE $13/SF NNN

OCCUPANCY Available

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Former Walgreens For Sublease3833 Cypress Creek Parkway | Houston, TX

ContactCODY PERSYN281.661.3222 | [email protected]

SRS REAL ESTATE PARTNERS | 2950 North Loop West, Suite 1125 | Houston, TX 77092 | 281.661.3220This information contained herein was obtained from sources deemed to be reliable; however SRS Real EstatePartners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Page 2: Overview Description - LoopNet · Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASEFormer Walgreens For

SRS REAL ESTATE PARTNERS | 2950 North Loop West, Suite 1125 | Houston, TX 77092 | 281.661.3220This information contained herein was obtained from sources deemed to be reliable; however SRS Real EstatePartners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

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Former Walgreens For Sublease3833 Cypress Creek Parkway | Houston, TX

Page 3: Overview Description - LoopNet · Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASEFormer Walgreens For

AER

IAL Former Walgreens For Sublease | Aerial

3833 Cypress Creek Parkway | Houston, TX

SRS REAL ESTATE PARTNERS | 2950 NORTH LOOP WEST, SUITE 1125 | HOUSTON, TX 77092 | 281.661.3220This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof.

SRSRE.COM

Page 4: Overview Description - LoopNet · Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASEFormer Walgreens For

1 mile 3 miles 5 milesPopulation

2000 Population 10,624 86,447 215,1692010 Population 13,569 102,002 287,2902017 Population 15,810 113,932 327,9362022 Population 17,608 123,833 358,3192000-2010 Annual Rate 2.48% 1.67% 2.93%2010-2017 Annual Rate 2.13% 1.54% 1.84%2017-2022 Annual Rate 2.18% 1.68% 1.79%2017 Male Population 49.1% 48.9% 48.9%2017 Female Population 50.9% 51.1% 51.1%2017 Median Age 33.3 35.0 33.0

Households2000 Households 4,108 31,543 78,0462010 Households 5,017 35,967 100,6542017 Total Households 5,784 39,662 112,9382022 Total Households 6,416 42,869 122,7172000-2010 Annual Rate 2.02% 1.32% 2.58%2010-2017 Annual Rate 1.98% 1.36% 1.60%2017-2022 Annual Rate 2.10% 1.57% 1.67%2017 Average Household Size 2.73 2.87 2.90

Housing Units2017 Total Housing Units 6,666 43,437 123,936

2017 Owner Occupied Housing Units 2,548 23,025 61,5942017 Renter Occupied Housing Units 3,236 16,637 51,3452017 Vacant Housing Units 882 3,775 10,998

Race and Ethnicity2017 White Alone 37.5% 45.8% 47.1%2017 Black Alone 31.5% 25.1% 26.1%2017 American Indian/Alaska Native Alone 0.7% 0.5% 0.5%2017 Asian Alone 11.8% 10.8% 9.1%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Hispanic Origin (Any Race) 34.8% 33.5% 34.2%

Income2017 Median Household Income $56,591 $61,672 $61,0102017 Average Household Income $81,595 $88,277 $87,492Per Capita Income $29,787 $30,901 $30,121

2017 Population 25+ by Educational AttainmentTotal 10,150 74,648 207,421

High School Graduate 22.2% 19.6% 20.6%GED/Alternative Credential 2.5% 3.0% 3.1%Some College, No Degree 21.4% 23.0% 23.0%Associate Degree 6.9% 7.9% 7.6%Bachelor's Degree 20.2% 20.8% 20.2%Graduate/Professional Degree 6.5% 9.2% 9.8%

Daytime Population2017 Total Daytime Population 17,184 98,871 296,984

Workers 8,648 37,579 120,263Residents 8,536 61,292 176,721

Source: Esri, U.S. CensusSRS REAL ESTATE PARTNERS | 2950 North Loop West, Suite 1125 | Houston, TX 77092 | 281.661.3220This information contained herein was obtained from sources deemed to be reliable; however SRS Real EstatePartners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

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OS Former Walgreens For Sublease

3833 Cypress Creek Parkway | Houston, TX

Page 5: Overview Description - LoopNet · Overview BUILDING SIZE +/- 15,120 SF PARCEL SIZE 1.24 Acres RATE $13/SF NNN OCCUPANCY Available MARKETING PACKAGE FOR SUBLEASEFormer Walgreens For

Texas law requires all real estate license holders to give the following information about brokerageservices to prospective buyers, tenants, sellers and landlords.

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 aboveand must inform the owner of any material information about the property or transaction known by the agent, including informationdisclosed 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 writtenrepresentation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any materialinformation 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 rst obtain the written agreement ofeach party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, setforth 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 di erent license holder associated with the broker to each party (owner an 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. Asubagent 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 youto use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

SRS Real Estate Partners LLC 9003586 [email protected] 214.560.3200Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Mark Reeder 318755 [email protected] 214.560.3251Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Sales Agent/Associate's Name License No. Email Phone

Buyers Initials Tenant Initials Seller Initials Landlord Initials Date

Information available at www.trec.texas.govRegulated By The Texas Real Estate Commission

TR

EC Information About Brokerage ServicesTexas Real Estate Commission (11-2-2015)