Texarkana,TX For Sale $708,000 Offering Highlights Located SW corner of I-30 and HWY 59 Across the street from Harley Davidson New KIA Dealership under construction 2 lots down Bill Graham Managing Director 214.575.7766 bill.graham@svn.com In front of Lowe's, Academy, Super Wal Mart, Ashley Furniture Priced below market at $7 per square foot Growing market place
For Sale Land Pavilion Parkway and Walton Drive Texarkana, TX 75501 Investment Overview Sale Price: $708,000 Lot Size: 2.32 Acres Market: Texarkana Cross Streets: Pavilion Parkway and Walton Drive Property Overview Property This retail pad site is next door to Harley Davidson, two lots down from the new KIA Dealership under construction, across the street from Academy, Lowe's and Wal Mart. This is a tremendous opportunity for a developer that has retail clients ready to move into Texarkana. Texarkana is a fast growing retail market and the pad site is in the path of growth. Texas A&M University, just a couple of miles north of the property is growing with over 2,000 graduate and undergraduate students. Please ask for a copy of the ECRs. Location The land is located on the SW corner of the intersection of I-30 and HWY 59. Texarkana is in the NE corner of the State of Texas so if you are coming from the West you will enter on I-30 and if you are coming from the South you will enter on HWY 59. So basically, if you are going to Texarkana from Texas or leaving Texarkana to go anywhere in Texas you will go past this site! It is also located in the middle of the most active retail market. Surrounded by Lowe's Super Center, Super Wal Mart, Academy Sports, Ivan Smith Furniture and many other retail stores. Directly across the Interstate you will find Bed Bath and Beyond, Best Buy, Old Navy, Honda, Chevrolet, Ruby Tuesday's, On the Border, T J Max, Staples Office, Kohl's, Home Depot, Cinemark Theatre, Target, and many others. Presented by BILL GRAHAM 214.575.7766 bill.graham@svn.com 2
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Front View KIA on Left 5
MAJOR EMPLOYERS Companies Local Employees Primary Business/ Local Function Red River A rmy Depot & Tenants 5500 Manufacturer/ Processors 2055 General Medical Hospital 1700 Manufacturer of Passenger Tires 1100 Primary & Secondary Education 1100 Discount Stores 940 Fine Finished Papers 785 Primary & Secondary Education 778 General Medical Hospital 777 Cup and Folding Carton 750 Refrigerated Trucking 600 General Government 569 Post-Secondary Education 567 General Medical Services 460 Petroleum Marketing 455 Primary & Secondary Education 345 Restaurants 280 Supermarkets 275 Primary & Secondary Education 260 Convenience Stores 243 Manufacture of Truck Bodies 234 Small A rms A mmunition 230 Distributor 225 General Government 212 Large V alves and Couplings 169 Wholesale Distribution 152 Canned Heat -- Sterno Brand 150 Department Stores 150 Retail Store 145 Department Stores 145 Primary & Secondary Education 145 Manufacturer of Pipeline Fittings 137 Upholstered Furniture 124 Department Stores 120 Newspapers 116 Restaurants 105 Manufacturers/ Processors 100 Banking/ Financial Services 100 Banking/ Financial Services 99 Retail Store 42 Control devices Christus St. Michael Health System Cooper Tire & Rubber Texarkana, TX Ind. School District Wal-Mart/ Sam' s Club Domtar, Inc. Texarkana, A R School District Wadley Regional Medical International Paper Company Southern Refrigerated Transport Texarkana, Texas -- City Texarkana College Collom & Carney Clinic Truman A rnold Companies Liberty Eylau Ind. School District McDonald' s A lbertson' s Pleasant Grove Ind. School District E-Z Mart Stores, Inc. Ledwell & Sons Enterprises Day A nd Zimmermann, Inc. Wholesale Electric Texarkana, A rkansas -- City Smith-Blair, Inc. BWI Sterno Group/ Candle Corp JCPenney Lowe' s Home Center, Inc. Dillard' s, Inc. Genoa Central School District JCM Mayo Manufacturing Sears Roebuck & Co. Texarkana Newspaper Burger King HUMCO Holding Group, Inc. Capital One Bank Regions Bank Home Depot A pplied Control Technology
Demographics Report Pavilion Parkway and Walton Drive Texarkana, TX 75501 For Sale $708,000 1 Mile 5 Miles 10 Miles Total Population 3,060 68,998 108,550 Total Number of Households Total Number of Persons per Household Average House Value Average Household Income 1,188 26,431 40,617 2.6 2.6 2.7 $97,903 $125,295 $137,120 $49,628 $53,602 $55,217 Median Age Median Age - Male Median Age - Female 32.4 35.2 36.2 23.8 32.2 34.0 39.4 38.5 38.6 Total Population - White Total Percent - White 1,772 42,155 68,513 57.9% 61.1% 63.1% Total Population - Black Total Percent - Black 1,022 21,751 33,092 33.4% 31.5% 30.5% Total Population - Asian Total Percent - Asian 33 443 872 1.1% 0.6% 0.8% Total Population - Hawaiian Total Percent - Hawaiian 0 52 52 0.0% 0.1% 0.0% Total Population - Indian Total Percent - Indian 15 421 689 0.5% 0.6% 0.6% Total Population - Other Total Percent - Other 100 1,984 2,480 3.3% 2.9% 2.3% Total Population - Hispanic Total Percent - Hispanic 183 4,551 6,036 6.0% 6.6% 5.6% * Demographic information provided by BuildOut, Inc. 8
Demographics Map Pavilion Parkway and Walton Drive Texarkana, TX 75501 Radius Map 1 Mile 5 Miles 10 Miles Total Population 3,060 68,998 108,550 Total Number of Households 1,188 26,431 40,617 Average Household Income $49,628 $53,602 $55,217 Median Age 32.4 35.2 36.2 * Demographic information provided by BuildOut, LLC 9
Advisor Bio & Contact 1 Bill Graham Managing Director Sperry Van Ness/William Graham Bill Graham serves as Managing Director for Sperry Van Ness selling office, retail, multifamily, industrial and land properties in Dallas/Fort Worth, Austin and East Texas. Graham is also a member of Sperry Van Ness Asset Recovery Team (SVNART) Graham received the Partner Circle Award at the January 2007 Sperry Van Ness Conference. At the same Conference he was noted as the number one Broker for Sperry Van Ness in the State of Texas, and third in the Central Region of the United States. Bill Graham Managing Director Phone: 214.575.7766 Fax: 214.889.5489 Cell: 903.738.3886 Email: bill.graham@svn.com Address: 1717 McKinney Avenue, Suite 700 Dallas, TX 75202 Prior to joining Sperry Van Ness, Graham served as the president of his own development firm where he was responsible for some of the most innovative projects in East Texas including office, retail, medical, residential, muulti-family and land developments. Graham designed, built, leased and managed office,retail, multi-family and residential developments, acting as managing partner in numerous equity partnerships. Graham is a past national director of the National Association of Home Builders, past state director of the Texas Association of Builders and past president of the East Texas Home Builder Association. He has also served his community in many ways including six years as a board member for the Court Appointed Special Advocates (CASA) and served for two years as president of the six county CASA being instrumental in bringing together the Sheriffs Department, Police Department and Child Protective Services Agency to create the first Child Advocacy Center in his area. Graham earned his bachelor of business administration in finance from the University of Texas in Austin. He is a licensed real estate broker in the state of Texas. 10