Trinity Plaza Shopping Center

THERETAILBULLETIN
Volume 19: Summer 2010
Mayor’s Hospitality &
Development Forum held …
Over sixty five people attended the Mayor’s
Hospitality & Development Forum held on June
28th at the Plaza Arts Center in
Downtown Carrollton.
Carrollton’s development
opportunities including hotel
and transit-orient development
were highlighted. Presentations
were made by Mayor Ronald F. Branson, Brad
Mink, Director of Economic Development and Peter
Braster, Senior Manager-TOD.
Spotlight on the Hebron &
Josey corridor…
The Hebron & Josey corridor is home to Baylor
Medical Center, a 237bed acute care facility
with over 480
physicians and 700
employees. The area
also boasts a large
cluster of medical professional offices such as the
Patient Comprehensive Cancer Center and the Easter
Seals of Greater Dallas—Trinity Center. Various
retail can be found along Hebron and Josey—with
Sprouts Farmers Market
opening at The Market at
Hebron in the Spring of
2011. Carrollton’s Hebron
& Josey Public Library is located on the NEC of
Hebron and Josey, and a planned upscale apartment
community is slated for the NWC of Medical and
Hebron Parkways. Click here to view aerial.
Staff member receives ICSCs
diploma for shopping center
management...
The City’s Retail Specialist, Elise S. Back, recently
received her diploma in shopping center
management through ICSCs eDistance Learning Program. Elise is
the first person in economic
development to complete this
program of study. According to Brad
Mink, “I know Elise worked extremely hard on this
very challenging program. In fact, it is known that
people in the shopping center industry have not been
able to finish this intensive self-paced program. The
City is very proud of her accomplishment.”
Leasing opportunities…
Josey Ranch Shopping Center—2150 N. Josey Lane.
Contact Nick Carrington, [email protected].
Former café—1104 South Elm Street in Historic
Downtown Carrollton. Contact Louise Gibson or
Lea Bishop, 214-356-5831.
Trinity Plaza Shopping Center—2510-2540 N. Josey
Lane. Contact Matt Luedtke,
[email protected] or Christopher
Young, [email protected]
If you wish to subscribe to the bulletin, please
contact Elise Back, 972-466-5741.
Economic Development
1945 E. Jackson Road | Carrollton, Texas 75006 | 972.466.3391 | Fax 972.466.4882
www.carrolltontxdevelopment.com
for lease | the market at hebron
Located at the NWC of Hebron Parkway & Medical Parkway | Carrollton, Texas 75007
size
rates | nnn
5.07 net usable acres - Sprouts anchor
$25 psf
$6.00 nnn (estimate)
available
6,800 sf retail space for lease; two pads available for ground lease
demographics
1 mile
14,605
15,114
12,774
$91,413
36.5
3Q ‘08 population*
3Q ‘13 pop projection*
daytime population
avg. hh income
median age
3 mile
103,263
109,570
84,416
$88,591
40.7
5 mile
224,795
232,622
223,356
$99,957
40.7
(*3Q ‘08 RSI; Claritas 2008 data)
traffic counts
Hebron Pkwy
Josey Ln
37,231 cpd
17,996 cpd
(NCTOG, 2004)
information
Immediately west of Hebron Parkway and Josey, The Market at Hebron (anchored by Sprouts) will deliver lease space and two
pad sites in the 3rd quarter of 2010. The site has excellent visibility to Hebron Parkway. Additional traffic generators on the
intersection include Tom Thumb, Walgreen’s, Bank of America, Carrollton North Library, and Baylor Medical Center (237 bed acute
care facility).
broker contact
Jean Smith COO | Partner
214.252.1127
[email protected]
Karla Smith Vice President
214.252.1189
[email protected]
Knowing the difference makes all the difference
United Commercial Realty
7001 Preston Road, Suite 222
Dallas, Texas 75205
www.ucrrealty.com
The information contained herein was obtained from sources believed reliable; however, United Commercial Realty (“Licensee”) makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is subject to errors, omissions, change of price or conditions, prior sale or
lease or withdrawal without notice. Texas law requires licensee to disclose that it is representing the Seller/Landlord in the marketing of this property. 7/24/09
Approved by the Texas Real Estate Commission for Voluntary Use
Texas law requires all real estate licensees to give the following information
about brokerage services to prospective buyers, tenants, sellers and landlords.
Information About Brokerage Services
B
efore working with a real estate broker, you should
know that the duties of a broker depend on whom
the broker represents. If you are a prospective
seller or landlord (owner) or a prospective buyer or
tenant (buyer), you should know that the broker who lists
the property for sale or lease is the owner’s agent. A
broker who acts as a subagent represents the owner in
cooperation with the listing broker. A broker who acts as
a buyer’s agent represents the buyer. A broker may act as
an intermediary between the parties if the parties
consent in writing. A broker can assist you in locating a
property, preparing a contract or lease, or obtaining
financing without representing you. A broker is obligated
by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:
The broker becomes the owner’s agent by entering into an
agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by
accepting an offer of subagency from the listing broker. A
subagent may work in a different real estate office. A
listing broker or subagent can assist the buyer but does
not represent the buyer and must place the interests of
the owner first. The buyer should not tell the owner’s
agent anything the buyer would not want the owner to
know because an owner’s agent must disclose to the
owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:
The broker becomes the buyer’s agent by entering into an
agreement to represent the buyer, usually through a
written buyer representation agreement. A buyer’s agent
can assist the owner but does not represent the owner
and must place the interests of the buyer first. The owner
should not tell a buyer’s agent anything the owner would
not want the buyer to know because a buyer’s agent must
disclose to the buyer any material information known to the
agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:
A broker may act as an intermediary between the parties
if the broker complies with The Texas Real Estate License
Act. The broker must obtain the written consent of each
party to the transaction to act as an intermediary. The
written consent must state who will pay the broker and, in
conspicuous bold or underlined print, set forth the broker’s
obligations as an intermediary. The broker is required to
treat each party honestly and fairly and to comply with
The Texas Real Estate License Act. A broker who acts
as an intermediary in a transaction:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a
price less than the asking price unless authorized in
writing to do so by the owner;
(3) may not disclose that the buyer will pay a price
greater than the price submitted in a written offer
unless authorized in writing to do so by the buyer; and
(4) may not disclose any confidential information or
any information that a party specifically instructs the
broker in writing not to disclose unless authorized in
writing to disclose the information or required to do so
by The Texas Real Estate License Act or a court
order or if the information materially relates to the
condition of the property.
With the parties’ consent, a broker acting as an
intermediary between the parties may appoint a person who
is licensed under The Texas Real Estate License Act
and associated with the broker to communicate with and
carry out instructions of one party and another person who
is licensed under that Act and associated with the broker
to communicate with and carry out instructions of the
other party.
If you choose to have a broker represent you,
you should enter into a written agreement with the broker
that clearly establishes the broker’s obligations and your
obligations. The agreement should state how and by
whom the broker will be paid. You have the right to
choose the type of representation, if any, you wish to
receive. Your payment of a fee to a broker does not
necessarily establish that the broker represents you. If you
have any questions regarding the duties and
responsibilities of the broker, you should resolve those
questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant
Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question
or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.
01A
EQUAL HOUSING
OP P O RT U N I T Y
TREC No. OP-K
Retail Space For Lease
Trinity Plaza Shopping Center
SEC of Josey Lane & Highway 190 (President George Bush Turnpike)
Carrollton, Texas
TOTAL GLA
59,438 square feet
Available Space
Suite 102 TM
Suite 106
Suite 106 TM
Suite 110
1,180 square feet
1,500 square feet
1,480 square feet
2,160 square feet
CURRENT ESTIMATED NNN EXPENSES
$4.44 per square foot
(Estimate provided by Landlord and subject to adjustment)
Join these retailers
Traffic Counts
Jumbo China Buffet
78,280 vehicles per day (Highway 190/Trinity Mills)
37,562 vehicles per day (Josey Lane)
2008 Demographics
1-mile
3-mile
5-mile
15,812
134,682
267,603
# of Households
5,513
52,967
115,237
Avg. H.H. Income
$79,892
$78,714
$91,995
5.70%
30.60%
50.19%
Population Estimate
ACE CASH EXPRESS
The Retail Specialists
% Population Growth
MATT LUEDTKE
CHRISTOPHER YOUNG
[email protected]
[email protected]
3102 Maple Avenue, Suite 350, Dallas Texas 75201 214.954.0600 214.953.0866 fax
The information contained herein was obtained from sources deemed reliable; however, The Weitzman Group makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this real estate information
is subject to errors; omissions; change of price; prior sale or lease; or withdrawal without notice. The Weitzman Group, which provides real estate brokerage services, and Cencor Realty Services, which provides property management and development
services, are divisions of Weitzman Management Corporation, a regional realty corporation.
CDX# 312199; 7-29-09R
136
102TM
104TM
106TM
108TM
PYLON
132
126
124
China Ho China Ho
Jumbo
Jumbo
Buffet
Buffet
AVAILABLE
N. JOSEY
122
LANE
cellular
store
106/OP
managed by
100A
National Imports Grocery
AVAILABLE
Hair Tech
AVAILABLE
Ace Cash Express
Party City Super Store
108 TM
106 TM
104 TM
102 TM
136
132
126
124
122
116
114
112
110
108
106
100
100A
102/OP
106/OP
100/OP
SF
1,885
1,480
750
1,180
1,610
9,385
China Ho Jumbo China Buffet 7,850
China Ho Jumbo China Buffet 3,910
O’Reilly Auto
8,700
Eric Mattingly’s Cross Training3,573
Wallpaper Place
2,400
Majestic Pastries
1,840
AVAILABLE
2,160
Catrachos Restaurant
2,100
AVAILABLE
1,500
The Beecher Group
3,251
Metrocell (tower)
334
Metro PCS
600
Cafe’ Brazil
3,330
Comet Cleaners
1,600
TENANT
SUITE
SEC of Josey Lane & Highway 190
Carrollton, Texas
104/OP
108
110
112
114
d
ge Roa
e)
Fronta
urnpik
T
h
s
u
eB
Georg y 190
t
n
e
a
(Presid
Highw
With regard to this Exhibit, the parties agree that the exhibit is attached solely for the purpose of locating the Shopping Center and the Demised Premises within the Shopping Center and that no representation, warranty, or covenant is to be implied by any other information shown on the exhibit
(i.e., any information as to buildings, tenants or prospective tenants, etc., is subject to change at any time).
LEASED
Trinity Plaza
116
N
106
NOT TO SCALE
100
Approved by the Texas Real Estate Commission for Voluntary Use
THE WEITZMAN GROUP
Texas law requires that all real estate licensees present this information to
prospective sellers, landlords, buyers or tenants.
Information on Brokerage Services
What to Know Before Working with a Real Estate Broker
Before working with a real estate broker, you should know that
the duties of a broker depend on whom the broker represents.
If you are a prospective seller or landlord (owner) or a
prospective buyer or tenant (buyer), you should know that the
broker who lists the property for sale or lease is the owner’s
agent. A broker who acts as a subagent represents the owner
in cooperation with the listing broker. A broker who acts as a
buyer’s agent represents the buyer. A broker may act as an
intermediary between the parties if the parties consent in
writing. A broker can assist you in locating a property,
preparing a contract or lease, or obtaining financing without
representing you. A broker is obligated by law to treat you
honestly.
IF THE BROKER REPRESENTS THE OWNER: The broker
becomes the owner’s agent by entering into an agreement
with the owner, usually through a written listing agreement or
by agreeing to act as a subagent by accepting an offer of
subagency from the listing broker. A subagent may work in a
different real estate office. A listing broker or subagent can
assist the buyer but does not represent the buyer and must
place the interests of the owner first. The buyer should not tell
the owner’s agent anything the buyer would not want the
owner to know because an owner’s agent must disclose to the
owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER: The broker
becomes the buyer’s agent by entering into an agreement to
represent the buyer, usually through a written buyer
representation agreement. A buyer’s agent can assist the
owner but does not represent the owner and must place the
interests of the buyer first. The owner should not tell a buyer’s
agent anything the owner would not want the buyer to know
because a buyer’s agent must disclose to the buyer any
material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY: A broker
may act as an intermediary between the parties if the broker
complies with The Texas Real Estate License Act. The broker
must obtain the written consent of each party to the
transaction to act as an intermediary. The written consent
Property:
must state who will pay the broker and, in conspicuous bold
or underlined print, set forth the broker’s obligations as an
intermediary. The broker is required to treat each party
honestly and fairly and to comply with The Texas Real Estate
License Act. A broker who acts as an intermediary in a
transaction:
(1) shall treat all parties honestly;
(2) may not disclose that the owner will accept a
price less than the asking price unless authorized in
writing to do so by the owner;
(3) may not disclose that the buyer will pay a price
greater than the price submitted in a written offer
unless authorized in writing to do so by the buyer;
and
(4) may not disclose any confidential information or
any information that a party specifically instructs the
broker in writing not to disclose unless authorized in
writing to disclose the information or required to do
so by The Texas Real Estate License Act or a court
order or if the information materially relates to the
condition of the property.
With the parties’ consent, a broker acting as an intermediary
between the parties may appoint a person who is licensed
under The Texas Real Estate License Act and associated with
the broker to communicate with and carry out instruction of
one party and another person who is licensed under the Act
and associated with the broker to communicate with and carry
out instruction of the other party.
If you choose to have a broker represent you, you should
enter into a written agreement with the broker that clearly
establishes the broker’s obligations and your obligations. The
agreement should state how and by whom the broker will be
paid. You have the right to choose the type of representation,
if any, you wish to receive. Your payment of a fee to a broker
does not necessarily establish that the broker represents you.
If you have any questions regarding the duties and
responsibilities of the broker, you should resolve those
questions before proceeding.
(Form
5/98)
Trinity Plaza, SEC of Josey Ln & Pres Geo Bush Turnpike (Hwy 190), Carrollton, TX
In this transaction, The Weitzman Group is:
agent for Owner/Landlord only;
agent for Buyer/Tenant only; or
an intermediary.
Broker asks that you acknowledge receipt of this information about brokerage services for broker’s records.
Owner or Landlord
Date
Buyer or Tenant
Date
Texas Real Estate Brokers and Salesmen are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint
regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas, 78711-2188, or 512-465-3960.