overview description nearby retailers demographics...aerial office building on hard corner 201 w...

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Description Oversized 1.54 acre lot Property is available for purchase or for lease Broad commercial zoning Retail, Office, Hotel, Storage, Restaurant, etc. space available Great hard corner location on W Jasper and I-14 Ample parking Adjacent to Fort Hood-The largest active-duty armored post in the U.S. Military Fort Hood employs over 60,000 people and contributes over $35 billion to the Texas economy Nearby Retailers 1 MILE 3 MILES 5 MILES 2018 Populations 13,550 99,269 177,168 2018 Total Households 5,495 36,049 61,617 2018 Average Household Income $54,946 $56,930 $61,379 Year: 2018 | Source: Esri Demographics Traffic Counts W Jasper Dr 9,429 VPD W Central TX Expy 94,991 VPD Year: 2017 | Source: TxDot Overview PROPERTY TYPE Office/Retail/Land AVAILABLE 13,803 SF 1.54 AC PRICING Contact Broker MARKETING PACKAGE AVAILABLE | OFFICE | RETAIL | LAND Former Bank Building on Hard Corner 201 W Jasper Dr | Killeen, TX Contact CARSON HAWLEY 512.236.4620 | [email protected] SRS REAL ESTATE PARTNERS | 901 S Mopac Expressway, Building 2, Suite 500 | Austin, TX 78746 | 512.236.4600 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 Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

Description• Oversized 1.54 acre lot• Property is available for purchase or for lease• Broad commercial zoning• Retail, Office, Hotel, Storage, Restaurant, etc. space available• Great hard corner location on W Jasper and I-14• Ample parking• Adjacent to Fort Hood-The largest active-duty armored post in the

U.S. Military• Fort Hood employs over 60,000 people and contributes over $35

billion to the Texas economy

Nearby Retailers

1 MILE 3 MILES 5 MILES2018 Populations 13,550 99,269 177,1682018 Total Households 5,495 36,049 61,6172018 Average Household Income $54,946 $56,930 $61,379Year: 2018 | Source: Esri

Demographics

Traffic CountsW Jasper Dr 9,429 VPDW Central TX Expy 94,991 VPDYear: 2017 | Source: TxDot

OverviewPROPERTY TYPE Office/Retail/Land

AVAILABLE 13,803 SF1.54 AC

PRICING Contact Broker

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E AVAILABLE | OFFICE | RETAIL | LAND

Former Bank Building on Hard Corner201 W Jasper Dr | Killeen, TX

ContactCARSON HAWLEY512.236.4620 | [email protected]

SRS REAL ESTATE PARTNERS | 901 S Mopac Expressway, Building 2, Suite 500 | Austin, TX 78746 | 512.236.4600This 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 Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

SRS REAL ESTATE PARTNERS | 901 S Mopac Expressway, Building 2, Suite 500 | Austin, TX 78746 | 512.236.4600This 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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Office Building on Hard Corner201 W Jasper Dr | Killeen, TX

Page 3: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

AER

IAL Office Building on Hard Corner

201 W Jasper Dr | Killeen, TX

SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING 2, SUITE 500 | AUSTIN, TX 78746 | 512.236.4600This 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 Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

AER

IAL Office Building on Hard Corner

201 W Jasper Dr | Killeen, TX

SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING 2, SUITE 500 | AUSTIN, TX 78746 | 512.236.4600This 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 5: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

SITE

PLA

N Office Building on Hard Corner201 W Jasper Dr | Killeen, TX

SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING 2, SUITE 500 | AUSTIN, TX 78746 | 512.236.4600This 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 6: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

SITE

PLA

N Office Building on Hard Corner201 W Jasper Dr | Killeen, TX

SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING 2, SUITE 500 | AUSTIN, TX 78746 | 512.236.4600This 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 7: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

1 mile 3 miles 5 milesPopulation

2000 Population 13,524 77,198 120,9652010 Population 13,360 91,470 155,7412018 Population 13,550 99,269 177,1682023 Population 13,966 105,049 190,4542000-2010 Annual Rate -0.12% 1.71% 2.56%2010-2018 Annual Rate 0.17% 1.00% 1.57%2018-2023 Annual Rate 0.61% 1.14% 1.46%2018 Male Population 49.2% 50.7% 50.6%2018 Female Population 50.8% 49.3% 49.4%2018 Median Age 30.1 27.5 27.8

In the identified area, the current year population is 177,168. In 2010, the Census count in the area was 155,741. The rate of change since 2010 was 1.57% annually. The five-year projection for the population in the area is 190,454 representing a change of 1.46% annually from 2018 to 2023. Currently, the population is 50.6% male and 49.4% female.

Median Age

The median age in this area is 30.1, compared to U.S. median age of 38.3.Race and Ethnicity

2018 White Alone 46.2% 44.4% 44.8%2018 Black Alone 31.2% 32.5% 32.8%2018 American Indian/Alaska Native Alone 0.8% 0.9% 0.9%2018 Asian Alone 4.5% 4.1% 4.0%2018 Pacific Islander Alone 1.1% 1.4% 1.3%2018 Other Race 9.0% 9.3% 8.7%2018 Two or More Races 7.1% 7.5% 7.5%2018 Hispanic Origin (Any Race) 26.0% 26.1% 25.3%

Persons of Hispanic origin represent 25.3% of the population in the identified area compared to 18.3% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 80.7 in the identified area, compared to 64.3 for the U.S. as a whole.

Households2000 Households 5,283 26,853 39,2662010 Households 5,443 33,390 54,6602018 Total Households 5,495 36,049 61,6172023 Total Households 5,650 38,083 66,1052000-2010 Annual Rate 0.30% 2.20% 3.36%2010-2018 Annual Rate 0.12% 0.93% 1.46%2018-2023 Annual Rate 0.56% 1.10% 1.42%2018 Average Household Size 2.47 2.65 2.76

The household count in this area has changed from 54,660 in 2010 to 61,617 in the current year, a change of 1.46% annually. The five-year projection of households is 66,105, a change of 1.42% annually from the current year total. Average household size is currently 2.76, compared to 2.73 in the year 2010. The number of families in the current year is 43,773 in the specified area.

SRS REAL ESTATE PARTNERS | 901 S Mopac Expressway, Building 2, Suite 500 | Austin, TX 78746 | 512.236.4600This 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

DEM

OS Office Building on Hard Corner

201 W Jasper Dr | Killeen, TX

Page 8: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

1 mile 3 miles 5 milesMedian Household Income

2018 Median Household Income $40,804 $45,042 $50,1502023 Median Household Income $43,815 $50,274 $53,9822018-2023 Annual Rate 1.43% 2.22% 1.48%

Average Household Income

2018 Average Household Income $54,946 $56,930 $61,3792023 Average Household Income $61,411 $64,643 $69,7202018-2023 Annual Rate 2.25% 2.57% 2.58%

Per Capita Income2018 Per Capita Income $22,340 $21,441 $22,2602023 Per Capita Income $24,915 $24,138 $25,0532018-2023 Annual Rate 2.21% 2.40% 2.39%

Households by IncomeCurrent median household income is $50,150 in the area, compared to $58,100 for all U.S. households. Median household income is projected to be $53,982 in five years, compared to $65,727 for all U.S. households

Current average household income is $61,379 in this area, compared to $83,694 for all U.S. households. Average household income is projected to be $69,720 in five years, compared to $96,109 for all U.S. households

Current per capita income is $22,260 in the area, compared to the U.S. per capita income of $31,950. The per capita income is projected to be $25,053 in five years, compared to $36,530 for all U.S. households

Housing2000 Total Housing Units 5,627 29,241 42,484

2000 Owner Occupied Housing Units 2,354 10,364 16,8572000 Renter Occupied Housing Units 2,929 16,489 22,4092000 Vacant Housing Units 344 2,388 3,218

2010 Total Housing Units 6,102 37,743 60,9432010 Owner Occupied Housing Units 2,224 12,912 24,4922010 Renter Occupied Housing Units 3,219 20,478 30,1682010 Vacant Housing Units 659 4,353 6,283

2018 Total Housing Units 6,267 40,526 68,1512018 Owner Occupied Housing Units 1,943 12,908 27,5462018 Renter Occupied Housing Units 3,552 23,140 34,0722018 Vacant Housing Units 772 4,477 6,534

2023 Total Housing Units 6,474 42,803 73,0882023 Owner Occupied Housing Units 2,067 14,219 30,9302023 Renter Occupied Housing Units 3,583 23,864 35,1752023 Vacant Housing Units 824 4,720 6,983

Currently, 40.4% of the 68,151 housing units in the area are owner occupied; 50.0%, renter occupied; and 9.6% are vacant. Currently, in the U.S., 56.0% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.2% are vacant. In 2010, there were 60,943 housing units in the area - 40.2% owner occupied, 49.5% renter occupied, and 10.3% vacant. The annual rate of change in housing units since 2010 is 5.09%. Median home value in the area is $151,002, compared to a median home value of $218,492 for the U.S. In five years, median value is projected to change by 3.15% annually to $176,313.

SRS REAL ESTATE PARTNERS | 901 S Mopac Expressway, Building 2, Suite 500 | Austin, TX 78746 | 512.236.4600This 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

DEM

OS Office Building on Hard Corner

201 W Jasper Dr | Killeen, TX

Page 9: Overview Description Nearby Retailers Demographics...AERIAL Office Building on Hard Corner 201 W Jasper Dr | Killeen, TX SRS REAL ESTATE PARTNERS | 901 S MOPAC EXPRESSWAY, BUILDING

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.

Carson Hawley 641709 [email protected] 512-236-4620Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Will Majors 508128 [email protected] 512-236-4646Designated Broker of Firm License No. Email Phone

Will Majors 508128 [email protected] 512-236-4646Licensed 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)