retail/showroom/storage buidling for sale...±15,375 sf retail/showroom/storage building across the...

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±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM | Broker/Owner [email protected] D 281.403.3700 Eric Odom | Associate [email protected] D 713.409.5209 14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

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Page 1: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA!

RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE

Kevin Riles | CCIM | Broker/Owner

[email protected]

D 281.403.3700

Eric Odom | Associate

[email protected]

D 713.409.5209

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 2: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

PROPERTY FEATURES Property Features

▪ Private Offices with built-in reception area

▪ Pylon & Monument Signage available

▪ Abundant natural light with floor to ceiling

windows

▪ Hand painted mural

▪ In Clear Lake, across from NASA’s Johnson

Space Center

Year Built

▪ 1980

Land Area

▪ 0.92 AC

Available Space (GLA)

▪ ± 15,375 SF

Date Available

▪ Immediately

Asking Price

▪ $1,595,000

Parking

▪ 25 Spaces (1.63/1000 SF)

Car Counts (2018)

▪ East NASA Pkwy: 27,000 VPD

2332 NASA PARKWAY

Nearby Attractions & Retail

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 3: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

Saturn Ln @ Second

St. Bus Stop

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease

or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 4: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease

or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 5: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions, change of price, rental or other conditions prior to sale, lease

or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 6: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

SITE PLAN – 1 Property Features

▪ Private Offices with built-in reception area

▪ Pylon & Monument Signage available

▪ Abundant natural light with floor to ceiling

windows

▪ Hand painted mural

▪ In Clear Lake, across from NASA’s Johnson

Space Center

Year Built

▪ 1980

Other Features

▪ Steel construction with concrete /gravel

front

▪ NASA Road 1 Frontage

▪ Two 10-ton Cranes

▪ Three Phase Power

▪ 28’ Ceilings

▪ Paved and fenced outside storage

▪ Covered Workshop Area

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 7: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 8: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

SITE PLAN – 2

Year Built

▪ 1980

Land Area

▪ 0.92 AC

Available Space (GLA)

▪ ± 15,375 SF

Date Available

▪ Immediately

Asking Price

▪ $1,595,000

Parking

▪ 25 Spaces (1.63/1000 SF)

Car Counts (2018)

▪ East NASA Pkwy: 27,000 VPD

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 9: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 10: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

DEMOGRAPHICS

POPULATION 1 Mile 3 Mile 5 Mile

2023 Population 5,900 73,930 193,629

2018 Population 5,238 62,899 178,855

2010 Population 4,458 61,838 154,358

Percent Change: 2018 to 2023 2.41% 1.42% 1.60%

HOUSEHOLDS

2023 Total Households 2,916 31,793 76,652

2018 Total Households 2,599 29,718 71,104

2010 Households 2,251 26,885 62,085

Percent Change: 2018 to 2023 2.33% 1.36% 1.51%

2018 Estimated Average Household

Income $ 101,408 $ 99,636 $ 109,142

2023 Estimated Average Household

Income $ 113.078 $ 110,490 $ 120,559

178,855

$101K

2.41%

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 11: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 12: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

KEY SUMMARY (3-MILE RADIUS) 2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 13: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 14: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

RETAIL GAP ANALYSIS

INCOME 1 Mile 3 Mile

2018 Median

Disposable Income $60,566 $57,149

2018 Per Capita

Income $49,271 $43,424

INDUSTRY GAP

Retail Trade + $57,165,002 + $144,228,736

Food & Drink - $4,318,776 - $64,169,114

General Merchandise

Stores + $17,100,740 + $179,123,119

NUMBER OF BUSINESSES

Retail Trade 28 390

Food & Drink 26 246

General Merchandise

Stores 2 17

2332 NASA PARKWAY

14090 Southwest Freeway Suite 300, Sugar Land, TX 77478 | 281-403-3700 | www.KevinRilesCommercial.com

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof and same is submitted to errors, omissions,

change of price, rental or other conditions prior to sale, lease or financing or withdrawal without notice. No liability of any kind is to be imposed on the broker herein.

Page 15: RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE...±15,375 SF Retail/Showroom/Storage Building Across The Street From NASA! RETAIL/SHOWROOM/STORAGE BUIDLING FOR SALE Kevin Riles | CCIM |

INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services 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 bro-

ker 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 repre-

sents):

• 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 OWN-

ER (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 above

and must inform the owner of any material infor-

mation about the property or transaction known by

the agent, including information disclosed to the

agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker be-

comes the buyer/tenant's agent by agreeing to

represent the buyer, usually through a written rep-

resentation agreement. A buyer's agent must per-

form the broker’s minimum duties above and must

inform the buyer of any material information 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

first obtain the written agreement of each party to

the transaction. The written agreement must state

who will pay the broker and, in conspicuous bold or

underlined print, set forth the broker's obligations

as an intermediary. A broker who acts as an inter-

mediary:

• Must treat all parties to the transaction impar-

tially and fairly;

• May, with the parties' written consent, appoint

a different license holder associated with the

broker to each party (owner and buyer) to

communicate with, provide opinions and ad-

vice 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 in-

structs the broker in writing not to dis-

close, unless required to do so by law.

AS SUBAGENT: A license holder acts as a suba-

gent when aiding a buyer in a transaction

without an agreement to represent the buyer.

A subagent can assist the buyer but does not

represent the buyer and must place the inter-

ests 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 you to use the

broker’s services. Please acknowledge receipt of

this notice below and retain a copy for your records.

REGULATED BY THE TEXAS REAL ESTATE COMMISSION INFORMATION AVAILABLE AT WWW.TREC.TEXAS.GOV

11-02-2015 IABS 1-0

Kevin Riles Commercial 555188 [email protected] 281-403-3700

Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Kevin Riles 555188 [email protected] 281-403-3700

Designated Broker of Firm License No. Email Phone

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

Eric Odom 0465148 [email protected] 713-409-5209

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

Date Buyer/Tenant/Seller/Landlord Initials