PASEO PLAZA SWC OF SOUTH 10TH STREET AND HWY 83 MCALLEN, TX FOR MORE INFORMATION PLEASE CONTACT:
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1 SWC OF SOUTH 10TH STREET AND HWY 83 MCALLEN, TX FOR MORE INFORMATION PLEASE CONTACT: Hilda G. Navarro RIOCO Real Estate Services, LLC 900 E Lakeview Dr McAllen, TX hilda@rioco.com Graham Ketchum CBRE, Inc. 200 Concord Plaza, Suite graham.ketchum@cbre.com John H. Wright, IV CBRE, Inc. 200 Concord Plaza, Suite john.h.wright@cbre.com
2 EXECUTIVE SUMMARY PROPERTY HIGHLIGHTS Paseo Plaza is located at the most heavily traveled intersection in the Rio Grande Valley, and in the heart of the area s shopping, dining and entertainment district. McALLEN HIGHLIGHTS McAllen ranked 3rd in Texas in retail sales per capita McAllen MSA rated best housing market in U.S. - Wall St. Journal, 2012 McAllen MSA rated #1 in nation in long term job growth - U.S. Bureau of Labor Statistics, 2012 LOCATION SWC of South 10th Street and Hwy 83 McAllen, TX GLA 34,233 SF KEY TENANTS AREA RETAILERS Starbucks AVAILABLE SF 2,457 2,320 5,763 RENTAL RATE PSF $ $36.00 TRIPLE NET CHARGES: CAM TAXES INSURANCE TOTAL $2.41 PSF $2.77 PSF $0.62 PSF $5.80 PSF 2014 DEMOGRAPHICS 1 Mile 3 Miles 5 Miles Population 6,377 78, ,493 Avg. Household Income $48,218 $44,883 $53, TRAFFIC COUNTS VPD South 10th Street 23,000 Hwy ,000 PAGE 2
3 MAPS Dallas Ft. Worth El Paso Paseo Plaza Del Rio 90 Austin San Antonio Houston Eagle Pass Laredo 281 Corpus Christi McAllen Harlingen Brownsville PAGE 3
4 AERIAL River Valley Center S Col Rowe Blvd S 18t h St Jackson A ve Paseo Plaza Starbucks E Jackso n La Plaza Mall Walmart Supercenter 83 Solara Hospital McAllen Sam s Club Rio Grande Hospital Savan nah A ve McAllen Pavillion Las Tiendas Plaza 10th S t McAllen Country Club PAGE 4 S K Ce nter l Rd LifeCare Hospitals of South Texas South McAllen S McC ol McAllen International Airport Ave
5 SITE PLAN Available 2,320 SQ. FT. Suite 110 Prominence Healthfirst 1,539 SQ. FT. Suite 115 The Perfect Brow Bar PAGE 5
6 FLOOR PLAN - SUITE 170 Available 2,457 SF PAGE 6
7 FLOOR PLAN - SUITE 160 Available 5,763 SF PAGE 7
8 FLOOR PLAN - SUITE 110 Available 2,320 SF Prominence Healthfirst PAGE 8
9 PHOTOS PAGE 9
10 McALLEN HIGHLIGHTS McAllen ranked 3rd in Texas for total retail sales per capita. The McAllen MSA is the eighth fastest growing city in the United States and the fastest growing by percentage in the State of Texas. (U.S. Census Bureau, 2005 ) McAllen was ranked first in job growth and second in income growth in a survey of Best Cities For Jobs in (Forbes.com, 2008) Ranked as the cheapest city in the United States for cost of living. (ACC RA, 2005) McAllen MSA was ranked fifth in the Nation as hottest city for entrepreneurs, and second among midsize MSA s. (Inc. Magazine) Fourth fastest growing MSA in nation by percent change in population. (U.S. Census, 2000) First County in Texas by percent change in population. (U.S. Census, 2000) Rated second for Top Mid-Market areas. This ranking has been consistently in the top two for ten years. (Southern Business and Development Magazine, 2004) Ranked seventh in the Top Performing Cities in the nation, ranked by job growth, wages and salary growth, short-term job growth and high-tech job growth. (Milken Institute, 2007) Ranked first in the Southwest as the best place for entrepreneurship. (Entrepreneur Magazine ) Ranked as one of the ten best places in the South for location of an automotive assembly plant. (Southern Business and Development Magazine, 2004 ) Reynosa is the only city in all of Mexico that has not shown a job loss in the maquiladora industry for the past five years. (INEGI) FOR MORE INFORMATION PLEASE CONTACT: Hilda G. Navarro RIOCO Real Estate Services, LLC 900 E Lakeview Dr McAllen, TX hilda@rioco.com Graham Ketchum CBRE, Inc. 200 Concord Plaza, Suite graham.ketchum@cbre.com John H. Wright, IV CBRE, Inc. 200 Concord Plaza, Suite john.h.wright@cbre.com PAGE RIOCO and CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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