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Capital Markets |

Investment P

roperties

321 E. SPRING STREET

PALESTINE, TEXAS 75801

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PALESTINE TOWN CENTER | Affiliated Business Disclosure and Confidentiality Agreement

© 2014 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. 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.

CBRE, Inc. operates within a global family of companies with many subsidiaries and/or related entities (each an “Affiliate”) engaging in a broad range of commercial real estate businesses including, but not limited to, brokerage services, property and facilities management, valuation, investment fund management and development. At times different Affiliates may represent various clients with competing interests in the same transaction. For example, this Memorandum may be received by our Affiliates, including CBRE Investors, Inc. or Trammell Crow Company. Those, or other, Affiliates may express an interest in the property described in this Memorandum (the “Property”) may submit an offer to purchase the Property and may be the successful bidder for the Property. You hereby acknowledge that possibility and agree that neither CBRE, Inc. nor any involved Affiliate will have any obligation to disclose to you the involvement of any Affiliate in the sale or purchase of the Property. In all instances, however, CBRE, Inc. will act in the best interest of the client(s) it represents in the transaction described in this Memorandum and will not act in concert with or otherwise conduct its business in a way that benefits any Affiliate to the detriment of any other offeror or prospective offeror, but rather will conduct its business in a manner consistent with the law and any fiduciary duties owed to the client(s) it represents in the transaction described in this Memorandum. This is a confidential Memorandum intended solely for your limited use and benefit in determining whether you desire to express further interest in the acquisition of the Property.

This Memorandum contains selected information pertaining to the Property and does not purport to be a representation of the state of affairs of the Property or the owner of the Property (the “Owner”), to be all-inclusive or to contain all or part of the information which prospective investors may require to evaluate a purchase of real property. All financial projections and information are provided for general reference purposes only and are based on assumptions relating to the general economy, market conditions, competition and other factors beyond the control of the Owner and CBRE, Inc. Therefore, all projections, assumptions and other information provided and made herein are subject to material variation. All references to acreages, square footages, and other measurements are approximations. Additional information and an opportunity to inspect the Property will be made available to interested and

qualified prospective purchasers. In this Memorandum, certain documents, including leases and other materials, are described in summary form. These summaries do not purport to be complete nor necessarily accurate descriptions of the full agreements referenced. Interested parties are expected to review all such summaries and other documents of whatever nature independently and not rely on the contents of this Memorandum in any manner.

Neither the Owner or CBRE, Inc, nor any of their respective directors, officers, Affiliates or representatives make any representation or warranty, expressed or implied, as to the accuracy or completeness of this Memorandum or any of its contents, and no legal commitment or obligation shall arise by reason of your receipt of this Memorandum or use of its contents; and you are to rely solely on your investigations and inspections of the Property in evaluating a possible purchase of the real property.

The Owner expressly reserved the right, at its sole discretion, to reject any or all expressions of interest or offers to purchase the Property, and/or to terminate discussions with any entity at any time with or without notice which may arise as a result of review of this Memorandum. The Owner shall have no legal commitment or obligation to any entity reviewing this Memorandum or making an offer to purchase the Property unless and until written agreement(s) for the purchase of the Property have been fully executed, delivered and approved by the Owner and any conditions to the Owner’s obligations therein have been satisfied or waived.

By receipt of this Memorandum, you agree that this Memorandum and its contents are of a confidential nature, that you will hold and treat it in the strictest confidence and that you will not disclose this Memorandum or any of its contents to any other entity without the prior written authorization of the Owner or CBRE, Inc. You also agree that you will not use this Memorandum or any of its contents in any manner detrimental to the interest of the Owner or CBRE, Inc. If after reviewing this Memorandum, you have no further interest in purchasing the Property, kindly return this Memorandum to CBRE, Inc.

Table of Contents

Executive Summary

1

The Offering

Investment Summary

Investment Highlights

Market and Asset Overview

4

Property Summary

Tenant Summaries

Location Map

Aerial

Market Summary

Comparables

Demographics

Financials

14

Rent Roll

Estimated Reimbursement Schedule

Tenant Notes

Income and Expense Analysis

Expiration Schedule

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2

Palestine Town Center

EXECUTIVE SUMMARY

The Offering

CBRE’s Retail Investment Property Group is pleased to present Palestine

Town Center (“Property”) a 14,925 square foot shopping center in

Palestine, Texas. Shadow to Kroger, the Property is situated at the

northwest corner of East Spring Street and North Mallard Street in

Downtown Palestine, the county seat of Anderson County. Some nearby

area retailers include Kroger, Family Dollar, Dollar General, and Regions

Bank.

Located in Palestine’s Downtown/Old Town area, Palestine Town Center

has excellent access and visibility from both East Spring Street and North

Mallard Street. There are three points of entry from East Spring Street

(US 287) and two points of entry from North Mallard Street (SH 19) as

well as convenient cross-access throughout and with Kroger.

The Property is currently 83.6% occupied leaving 16.4% or 2,450

square feet of retail space available for lease-up. With the Property’s

close proximity to Palestine Regional Medical Center and Palestine

Rehabilitation Hospital, there is an expanded tenant pool supporting

medical centers including lab services, medical supplies, uniform stores,

or florists.

Currently, Palestine Town Center’s tenant lineup includes a combination

of complementary personal care and service tenants generating steady

traffic and promoting cross shopping. Tenants include Western Finance,

Preferred Choice Income Tax, Gold Star Finance as well as Angles Hair

Studio, Fancy Nails, and Livingston Hearing Aid Center.

Property Specifics

Price:

$1,018,000

Price PSF:

$68.21

NOI:

$91,597

CAP Rate:

9.00%

Occupancy:

83.6%

GLA:

± 14,925 SF

Land Area:

± 1.29 acres or ± 56,192 square feet

Year Built:

1987

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Palestine

Palestine is located in East Texas approximately 108 miles southeast of

Dallas, 150 miles north of Houston, and less than 50 miles south of

Tyler. Two major healthcare facilities Palestine Regional Medical Center

and Palestine Regional Rehabilitation Hospital have a combined 500

employees and 50 volunteers as well as more than 80 physicians. The

city is a popular tourist destination, as well as home to two college

campuses: University of Texas – Tyler and Trinity Valley Community

College.

Palestine’s advanced transportation system, natural resources,

affordable real estate, and a diversified economy make it a good place

for business.

• Sanderson Farms, Inc. major expansion initiative, creating

approximately 1,350 new jobs and $265 million in capital

investment

• Reinstatement of short-haul freight and turnkey transload services at

the Texas State Railroad

• Millions of gallons per day of surplus water available for

businesses and residents

• 352-acre business park with shovel-ready and build to suit sites

• New real estate search and business ombudsman services offered

through Palestine Economic Development Corporation

• Successful joint city-county property tax abatement program

• Recognized by Texas Highways magazine as one of the top locations

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MARKET AND ASSET OVERVIEW

Property Summary

ADDRESS: 321 East Spring StreetPalestine, Texas 75801 Anderson County

LEGAL DESCRIPTION: Palestine Town Center Block 1, Lot 2

BUILDING AREA: ± 14,925 SF

LAND AREA: ± 1.29 acres or ± 56,192 square feet

CONFIGURATION: One, single story building

YEAR BUILT: 1987

PARKING: ± 79 Surface Spaces

PARKING RATIO: ± 5.267 per 1,000 SF

INGRESS/EGRESS: Three points of entry from Spring Street; two points of entry from North Mallard Street; and cross-access with neighboring properties

STRUCTURE: Concrete tilt wall with brick overlay veneer and steel framing

AGE OF ROOF: 1986

ROOF COMMENTS: Metal roof, good condition with regular maintenance

HVAC: Individual roof mounted individual HVAC units

TRAFFIC COUNTS:

East Spring Street (EB/WB) ± 9,442 vpd North Mallard Street (NB/SB) ± 15,668 vpd (source CoStar)

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6

Palestine Town Center

Location Map

PALESTINE TOWN CENTER

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Aerial

E. Spring St.

E. Spring St.

Avenue A

Avenue A

N. Church St.

N. Church St.

N. Mallard St.

N. Mallard St.

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8

Palestine Town Center

Aerial

Walmart Walmart Bon Appetit Walmart

Distribution Center Crock et R oad Crock et R oad E. Spring St. E. Spring St. Walmart Distribution Center

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Site Plan

Av

enue A

Mallard St.

U .S. H igh w ay 84 - Spr ing R oad

Kroger

NAP

Kroger Fuel Station Tenant Size 1800 750 1,100 2,500 1,250 2,450 750 1,750 1,500 750 1,500 101 105 107A 107B 113 121 127 129 133 135 139

N

NAP

107B 121

Tenant Suite Size

USA Donut 101 1,800

Pending Lease 105 750

Fancy Nails 113 1,250

Preferred Choice Income

Tax 127 750

Gold Star Finance 129 1,750

TX State Low Cost Insurance 133 1,500

Tenant Suite Size

Livingston Hearing Aid

Center 135 750

Angles Hair Studio 139 1,500

Available 121 2,450

Western Finance 107A 1,100

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10

Palestine Town Center

Market Summary - Palestine, Texas

PALESTINE OVERVIEW

The City of Palestine is located in east Texas in Anderson County

and was founded in 1846. Palestine is located at the intersection of

U.S. Highways 79 and 287, at the center of the county, some 108

miles southeast of Dallas and 150 miles north of Houston. The town

originally thrived off the transportation of goods down the Trinity

River, and then in the 1870’s, Palestine saw a significant increase

in population and economic growth with the arrival of the railroad

industry.

POPULATION AND POPULATION GROWTH

A population of 18,192 people the City of Palestine population

declined 2.73% from 2010 and is projected to decline another 0.25%

to 17,147 people by 2019. The current year median age for Palestine

is 34, while the average age is 36. The racial composition of Palestine,

Texas is currently estimated to be: 61.1% are White alone, 23.0% are

Black or African American alone, 0.6% are American-Indian alone,

1.1% are Asian alone, 0.1% are Native Hawaiian and Other Pacific

Islander alone, 11.0% are some other race, and 3.2% are two or more

races. Sources: Claritas and InfoUSA

There are an estimated 6,802 households in the Lufkin area which

represents a -2.8% growth over 2010. During the next five years

households are projected to grow -0.3%.

WORKFORCE

In Palestine, Texas the current workforce stands at 6,980 and the

population over the age of 16 is 13,566. Currently 45% of the

workforce is in white collar jobs, 29.4% are in service and farm jobs,

and 25.63% is in Blue Collar jobs. Current unemployment stands at

5.9%. The estimated median household income in Palestine is currently

over $35,585 and is projected to grow -16.0% over the next five years.

ECONOMY

The City of Palestine continues to have a strong Union Pacific Railroad

presence as Palestine is an ideal location for distribution to Texas,

Louisiana, Arkansas, and Oklahoma. It is centered just over two

hours from Dallas and Houston, Texas and Shreveport, Louisiana. In

the 1980’s, Walmart built their first distribution center outside of their

home state of Arkansas because of Palestine’s central location. That

distribution center still operates today as one of only seven Fashion

Distribution Centers in the U.S. The successful operations of that center

led Walmart to build a second distribution center in Palestine in 1994.

Source: City of Palestine.

EDUCATION

Palestine Independent School District (PISD) and Westwood Independent

School District (WISD), primarily serves the City of Palestine. As of the Fall

of 2014 PISD has 3,678 students and WISD has 1,700 students across

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Rent Comparables

Property GLA Year Built/

Renovated

Current

Occupancy Major Tenants

Available

SF Asking Rent NNN

Palestine Town Center 321 East Spring Street Palestine, Texas

15,000 1987 83.7% USA Donut, Fancy Nails, Gold Star Finance,

Livingston Hearing Aids, Angler Hair Studio 2,450 $8.00-$10.00 $3.43

1

Palestine Shopping Center 328-330 East Spring Street Palestine, Texas

37,505 1979 62.1% Family Dollar, Customer's Choice, Texas Family

Protective Services, Beauty & Gifts 14,205 $5.00 - $6.00 $2.50

2

Palestine Retail Center 419 Old Elkhart Road Palestine, Texas

10,850 2009 100.0% Verizon, Sports Clips, Little Caesars, Family Smiles,

Wright Insurance, Magic Nails & Sp 0 $15.00 - $18.00 $3.75

3

Palestine Plaza Retail Center 1803-2024 Crockett Road Palestine, TX

119,720 1975 / 1993 100.0% Beal's, Dollar Tree, CiCi's Pizza, Pro-Cuts, Hibbett

Sports, Snap Fitness, Rent-A-Center 0 $12.00-$17.00 $2.01

4

Palestine Place 2025 Crockett Road Palestine, TX

21,000 1984 100.0% Sherwin Williams, Andy's Tobacco,

OneMain Financial, Beltone Hearing Aids 0 $12.00-$15.00 $3.25

5 2213 S. Loop 256

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12

Palestine Town Center

Rent Comparables

© 2014 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced.

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Demographics

ONE-MILE RADIUS FIVE-MILE RADIUS TEN-MILE RADIUS

POPULA

TION

2014 Estimated Population 5,872 22,479 30,871 2019 Projected Population 5,817 22,517 31,059 2010 Census Population 6,073 23,017 31,480 2000 Census Population 5,754 21,355 28,571 Growth 2010-2014 -3.31% -2.34% -1.94% Growth 2014-2019 -0.94% 0.17% 0.61%

2014 Estimated Median Age 33.08 35.89 37.89

2014 Estimated Average Age 35.55 37.60 38.62

HOUSEHOLDS

2014 Estimated Households 2,039 8,506 11,712 2019 Projected Households 2,013 8,527 11,795 2010 Census Households 2,118 8,708 11,942 2000 Census Households 2,113 8,166 11,026 Growth 2010-2014 -3.74% -2.33% -1.93% Growth 2014-2019 -1.25% 0.26% 0.71%

2014 Est. Average Household Size 2.67 2.59 2.59

INCOME

2014 Est. Median Household Income $32,114 $36,107 $37,810

2019 Prj. Median Household Income $26,575 $30,073 $30,879

2000 Cen. Median Household Income $25,087 $29,873 $30,918

2014 Est. Average Household Income $45,535 $49,849 $51,760

2014 Estimated Per Capita Income $15,810 $18,862 $19,638

HOUSING

2014 Estimated Housing Units 2,458 9,814 13,576

2014 Estimated Occupied Units 2,039 8,506 11,712

2014 Estimated Vacant Units 420 1,309 1,863

2014 Est. Owner Occupied Units 1,146 5,498 8,070

2014 Est. Renter Occupied Units 893 3,007 3,642

2014 Est. Median Housing Value $90,856 $90,712 $91,060

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Rent Roll

Palestine Town Center

Lease Dates Minimum Rent Recoveries Total % of

Tenant Suite GLA % Start End Annual Monthly PSF Annual PSF Revenue Revenue

USA Donut 101 1,800 12.06% 03/12 02/18 $16,200 $1,350 $9.00 $6,170 $3.43 $22,370 15.67% Pending Lease 105 750 5.03% 11/14 10/16 $4,500 $375 $6.00 $2,571 $3.43 $7,071 4.95% Fancy Nails 113 1,250 8.38% 04/13 12/15 $10,620 $885 $8.50 $4,285 $3.43 $14,905 10.44% [2] Preferred Choice Income Tax 127 750 5.03% 10/03 MTM $9,000 $750 $12.00 $2,571 $3.43 $11,571 8.11% Gold Star Finance 129 1,750 11.73% 06/13 06/16 $10,500 $875 $6.00 $5,999 $3.43 $16,499 11.56% TX State Low Cost Insurance 133 1,500 10.05% 10/06 09/15 $13,500 $1,125 $9.00 $5,142 $3.43 $18,642 13.06% Livingston Hearing Aid Center 135 750 5.03% 05/14 04/17 $6,000 $500 $8.00 $2,571 $3.43 $8,571 6.00% Angles Hair Studio 139 1,500 10.05% 09/14 08/17 $10,500 $875 $7.00 $5,142 $3.43 $15,642 10.96%

Available 121 2,450 16.42% - - $0 $0 $0.00 $0 $0.00 $0 0.00%

Western Finance 107A 1,100 7.37% 09/11 08/16 $9,900 $825 $9.00 $3,771 $3.43 $13,671 9.58% Pending Lease 107B 1,325 8.88% 11/14 10/16 $9,275 $773 $7.00 $4,542 $3.43 $13,817 9.68%

Total Count / GLA 11 14,925 100% Totals $99,995 $42,762 $142,757 100.00%

Occupied 10 12,475 83.6% Available 1 2,450 16.4% Total Avg Rent / GLA 8.02 12,475 100.0% Notes:

Rent Roll

[1] Static analysis information obtained from the September 2014 Rent Roll and the 2013 Income Statement.

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16

Palestine Town Center

Estimated Reimbursement Revenue

Palestine Town Center

CAM Management Fee Insurance Real Estate Taxes Total Recovery

Tenant Suite GLA % Monthly PSF Monthly PSF Monthly PSF Monthly PSF Monthly PSF

USA Donut 101 1,800 12.06% $270 $1.80 $57 $0.38 $20 $0.14 $166 $1.11 $514 $3.43 Pending Lease 105 750 5.03% $113 $1.80 $24 $0.38 $9 $0.14 $69 $1.11 $214 $3.43 Fancy Nails 113 1,250 8.38% $188 $1.80 $40 $0.38 $14 $0.14 $115 $1.11 $357 $3.43 Preferred Choice Income Tax 127 750 5.03% $113 $1.80 $24 $0.38 $9 $0.14 $69 $1.11 $214 $3.43 Gold Star Finance 129 1,750 11.73% $263 $1.80 $56 $0.38 $20 $0.14 $162 $1.11 $500 $3.43 TX State Low Cost Insurance 133 1,500 10.05% $225 $1.80 $48 $0.38 $17 $0.14 $139 $1.11 $428 $3.43 Livingston Hearing Aid Center 135 750 5.03% $113 $1.80 $24 $0.38 $9 $0.14 $69 $1.11 $214 $3.43 Angles Hair Studio 139 1,500 10.05% $225 $1.80 $48 $0.38 $17 $0.14 $139 $1.11 $428 $3.43

Available 121 2,450 16.42% $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00

Western Finance 107A 1,100 7.37% $165 $1.80 $35 $0.38 $13 $0.14 $102 $1.11 $314 $3.43 Pending Lease 107B 1,325 8.88% $199 $1.80 $42 $0.38 $15 $0.14 $122 $1.11 $378 $3.43

Totals 14,925 100% $1,871 $398 $142 $1,153 $3,563

Notes:

Estimated Reimbursement Revenue

[1] Analysis assumes all in-place tenants reimburse net of Common Area Maintenance, Management Fee, Insurance, and Real Estate Taxes. A thorough review of the final 2013 CAM Reconciliations is necessary to enhance these projections.

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Tenant Notes

Palestine Town Center

Base Rental Increases Option Notes

Tenant Suite GLA Date PSF Renewal Notes

USA Donut 101 1,800 One 5-year renewal option @ FMV not to exceed a 7% increase

Tenant: Ngoun (Richard) Lay Chhor LL right to terminate with 180 days notice [2] Pending Lease 105 750

Fancy Nails 113 1,250 One 3-year renewal option @ FMV

Tenant: Minh Hang Tran, Individually LL right to terminate with 90 days notice [2] Preferred Choice Income Tax 127 750 Tenant: Cecilia Kennedy

LL right to terminate with 90 days notice [2] Gold Star Finance 129 1,750 One 3-year renewal option @

FMV

Tenant: Gold Star Finance Inc.

LL right to terminate with 90 days notice [2] TX State Low Cost Insurance 133 1,500 Tenant: TSLC, LLC

Guarantor: Dennis M. Morris

LL right to terminate with 180 days notice [2] Livingston Hearing Aid Center 135 750

Angles Hair Studio 139 1,500 09/15 09/16

$8.00 $9.00

Tenant: William J. Rogers, Jr.

Available 121 2,450

Western Finance 107A 1,100 Tenant: Western-Shamrock Corporation Lessee has the right to terminate with 30-days notice if legislation changes and tenant can no longer operate.

Pending Lease 107B 1,325

Totals 14,925

Notes:

Tenant Notes

[1] Tenant notes per Lease review.

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18

Palestine Town Center

Income and Expense Analysis

Palestine Town Center

% of

In-Place PSF EGR

INCOME

Base Rent $99,995 $6.70 70.0%

Percentage Rent $0 $0.00 0.0%

Total Rental Revenue $99,995 $6.70 70.0%

Expense Reimbursements

CAM Recoveries $22,457 $1.50 15.7%

Management Fee Recoveries $4,771 $0.32 3.3%

Insurance Recoveries $1,702 $0.11 1.2%

Real Estate Tax Recoveries $13,832 $0.93 9.7%

Total Expense Reimbursements $42,762 $2.87 30.0%

Total Other Revenue $0.00 $0.00 0.0%

Total Gross Revenue $142,757 $9.56 100.0%

Effective Gross Revenue (EGR) $142,757 $9.56 100.0%

OPERATING EXPENSES Common Area Maintenance

Repairs and Maintenance $6,604 $0.44 4.6%

Repairs & Maintenance-Electrical $692 $0.05 0.5%

Electricity $2,339 $0.16 1.6%

Water $5,901 $0.40 4.1%

Parking Lot Repair $175 $0.01 0.1%

Cleanup $4,799 $0.32 3.4%

Canopy & P/L Lights $532 $0.04 0.4%

Exterminating $435 $0.03 0.3%

Trash Disposal $4,091 $0.27 2.9%

Landscape Maintenance $1,299 $0.09 0.9%

Total Common Area Maintenance $26,867 $1.80 18.8%

Income and Expense Analysis [1]

Management Fee $5,708 $0.38 4.0%

Total Insurance $2,036 $0.14 1.4%

Total Real Estate Taxes $16,549 $1.11 11.6%

Total Recoverable Expenses $51,160 $3.43 35.8%

Total Non-Recoverable Expenses $0 $0.00 0.0%

Total Operating Expenses $51,160 $3.43 35.8%

Net Operating Income $91,597 $6.14 64.2%

Net Operating Income (Variance)

Capitalization Rate 9.00%

Cash-on-Cash Return [2] 17.21%

Notes:

[1] Expense information obtained from the 2013 Income Statement. Management Fee is included at an estimated 4% of EGR. Real Estate Taxes are per the most recent assessed value and millage rates from the Anderson County Appraisal District. Analysis does not incorporate the Texas Margin Tax and assumes a buyer will consult their tax advisor to assess their exposure to this expense.

[2] Cash on Cash Return based on market loan assumptions.

Palestine Town Center

% of

In-Place PSF EGR

INCOME

Base Rent $99,995 $6.70 70.0%

Percentage Rent $0 $0.00 0.0%

Total Rental Revenue $99,995 $6.70 70.0%

Expense Reimbursements

CAM Recoveries $22,457 $1.50 15.7%

Management Fee Recoveries $4,771 $0.32 3.3%

Insurance Recoveries $1,702 $0.11 1.2%

Real Estate Tax Recoveries $13,832 $0.93 9.7%

Total Expense Reimbursements $42,762 $2.87 30.0%

Total Other Revenue $0.00 $0.00 0.0%

Total Gross Revenue $142,757 $9.56 100.0%

Effective Gross Revenue (EGR) $142,757 $9.56 100.0%

OPERATING EXPENSES Common Area Maintenance

Repairs and Maintenance $6,604 $0.44 4.6%

Repairs & Maintenance-Electrical $692 $0.05 0.5%

Electricity $2,339 $0.16 1.6%

Water $5,901 $0.40 4.1%

Parking Lot Repair $175 $0.01 0.1%

Cleanup $4,799 $0.32 3.4%

Canopy & P/L Lights $532 $0.04 0.4%

Exterminating $435 $0.03 0.3%

Trash Disposal $4,091 $0.27 2.9%

Landscape Maintenance $1,299 $0.09 0.9%

Total Common Area Maintenance $26,867 $1.80 18.8%

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Expiration Schedule

Palestine Town Center

EXPIRATION SCHEDULE

Suite Tenant Expiration Available MTM 2014 2015 2016 2017 2018 2019

121 Available - 2,450

127 Preferred Choice Income Tax MTM 750

133 TX State Low Cost Insurance 09/15 1,500

113 Fancy Nails 12/15 1,250

129 Gold Star Finance 06/16 1,750

107A Western Finance 08/16 1,100

105 Pending Lease 10/16 750

107B Pending Lease 10/16 1,325

135 Livingston Hearing Aid Center 04/17 750

139 Angles Hair Studio 08/17 1,500

101 USA Donut 02/18 1,800

Total Expiration Area 2,450 750 0 2,750 4,925 2,250 1,800 0

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C B R E | E x c l u s i v e A g e n t s

JENNIFER PIERSON

Senior Vice President

+1 214 979 6583

jennifer.pierson@cbre.com

BETH PIERSON

Senior Associate

+1 214 979 6580

beth.pierson@cbre.com

CAMERON DEPTULA

Associate

+1 214 979 6375

cameron.deptula@cbre.com

Capital Markets | Investment P roperties

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