Marketing Package

REPRESENTATIVE PHOTO
Exclusive OFFERING | $4,613,000 – 5.35% cap
aldi
206 Texas - 332, lake Jackson, tx
214.915.8890
BOB MOORHEAD
[email protected]
RUSSELL SMITH
[email protected]
ALEX TOWER
[email protected]
Property. 23,500+ SF building on 1.93+ acre site.
Tenant. Aldi (Texas) LLC; operates over 100 stores | Corporately Guaranteed by Aldi, Inc., has over 9,000 locations worldwide.
Lease structure. New, 10-year, net lease with rent escalations every 5-years in primary terms and options.
Location. Aldi is strategically located along Highway 288 (42,000 VPD) and This Way St. (21,600 VPD) in a dense retail area of Lake Jackson. Nolan Ryan
Expressway (Hwy 288) is an arterial north-south highway in the region; it begins in Houston and provides direct access to the site and surrounding area. The
subject property is just south of the Brazos Mall (682,831 SF) and is surrounded by a variety of big box retailers. Brazos Mall features over 73 tenants and is
anchored by Dillard’s, JC Penny, Sears, and Starplex Cinemas. National credit tenants within 1-mile of the subject property include Walmart, Target, Home Depot,
Best Buy, Office Depot, PetSmart, Petco, Big Lots!, Kohl’s, Ross, Zales, Hobby Lobby, Dollar General, Enterprise, Aaron’s, Academy Sports & Outdoors, Payless
Shoe Source, Hastings, Discount Tire, Tractor Supply Co., McDonald’s, Chick-fil-A, Burger King, Whataburger, Texas Roadhouse, Popeye’s, Cici’s Pizza,
Fuddruckers, Sonic, and many more.
Table of contents | Disclaimer
aldi
206 Texas - 332, lake Jackson, tx
PAGE 1:
Disclaimer
COVER
PAGE 2:
TABLE OF CONTENTS | DISCLAIMER
PAGE 3:
INVESTMENT | TENANT | LEASE OVERVIEW
PAGE 4-8:
AERIAL PHOTOS
PAGE 9:
SITE PLAN
PAGE 10-13:
LOCATION OVERVIEW
PAGE 14-15:
LOCATION MAPS
PAGE 16:
DEMOGRAPHICS
REPRESENTATIVE PHOTO
Trivanta (“Agent”) has been engaged as an agent for the sale of the property located at
Hwy 206 - TX, Lake Jackson, TX the owner of the Property (“Seller”). The Property is being
offered for sale in an “as-is, where-is” condition and Seller and Agent make no
representations or warranties as to the accuracy of the information contained in this
Offering Memorandum. The enclosed materials include highly confidential information and
are being furnished solely for the purpose of review by prospective purchasers of the
interest described herein. The enclosed materials are being provided solely to facilitate the
prospective investor’s own due diligence for which it shall be fully and solely responsible.
The material contained herein is based on information and sources deemed to be reliable,
but no representation or warranty, express or implied, is being made by Agent or Seller or
any of their respective representatives, affiliates, officers, employees, shareholders,
partners and directors, as to the accuracy or completeness of the information contained
herein. Summaries contained herein of any legal or other documents are not intended to be
comprehensive statements of the terms of such documents, but rather only outlines of
some of the principal provisions contained therein. Neither the Agent nor the Seller shall
have any liability whatsoever for the accuracy or completeness of the information contained
herein or any other written or oral communication or information transmitted or made
available or any action taken or decision made by the recipient with respect to the Property.
Interested parties are to make their own investigations, projections and conclusions without
reliance upon the material contained herein. Seller reserves the right, at its sole and
absolute discretion, to withdraw the Property from being marketed for sale at any time and
for any reason. Seller and Agent each expressly reserves the right, at their sole and
absolute discretion, to reject any and all expressions of interest or offers regarding the
Property and/or to terminate discussions with any entity at any time, with or without notice.
This offering is made subject to omissions, correction of errors, change of price or other
terms, prior sale or withdrawal from the market without notice. Agent is not authorized to
make any representations or agreements on behalf of Seller. Seller shall have no legal
commitment or obligation to any interested party reviewing the enclosed materials,
performing additional investigation and/or making an offer to purchase the Property unless
and until a binding written agreement for the purchase of the Property has been fully
executed, delivered, and approved by Seller and any conditions to Seller’s obligations
hereunder have been satisfied or waived. By taking possession of and reviewing the
information contained herein, the recipient agrees that (a) the enclosed materials and their
contents are of a highly confidential nature and will be held and treated in the strictest
confidence and shall be returned to Agent or Seller promptly upon request; and (b) the
recipient shall not contact employees or tenants of the Property directly or indirectly
regarding any aspect of the enclosed materials or the Property without the prior written
approval of the Seller or Agent; and (c) no portion of the enclosed materials may be copied
or otherwise reproduced without the prior written authorization of Seller and Agent.
2
Investment overview
aldi
206 Texas - 332, lake Jackson, tx
Lease overview
PRICE | CAP RATE:
$4,613,000 | 5.35%
Initial Lease Term:
10-Years, Plus 4, 5-Year Options to Renew
NET OPERATING INCOME:
$246,750
Rent Commencement:
September 2016
BUILDING AREA:
23,500+ Square Feet
Lease Expiration:
September 2026
LAND AREA:
1.93 + Acres
Lease Type:
Net Lease
YEAR BUILT | RENOVATED :
1997 | 2016
Rent Increases:
Every 5 Years in Primary Term & Options
Year 1-5 Annual Rent (Current):
$246,750
LANDLORD RESPONSIBILITY:
Roof * & Structure
Year 6-10 Annual Rent:
$270,250
OWNERSHIP:
Fee Simple Interest
Year 11-15 Annual Rent (Option 1):
$289,285
OCCUPANCY:
100%
Year 16-20 Annual Rent (Option 2):
$309,495
GUARANTOR:
Aldi, Inc.
Year 21-25 Annual Rent (Option 3):
$331,115
Year 26-30 Annual Rent (Option 4):
$354,145
*Note:15-year roof warranty
Tenant overview
Lessee: Aldi (Texas) LLC
Guarantor: Aldi, Inc.
ALDI (TEXAS) LLC
Aldi (Texas) LLC, is the lessee and operates over 100 stores.
ALDI | www.aldi.com
Aldi, Inc. is an international supermarket chain specializing in a limited assortment of private label, high-quality products at the lowest possible prices. Aldi
currently operates over 9,000 stores in 18 countries, and encompasses a series of high growth retailers including Trader Joe’s. Founded in 1946 and
SUBJECT
based in Germany, Aldi was formed when brothers Theo and Karl Albrecht took over their father’s local business. By 1960,
thePROPERTY
brothers had built the
PRIOR
PANDA
chain up to 300 individual stores and it was then that they made the decision to split the company into two separate groups; AldiTO
Nord
and EXPRESS
Aldi Süd.EXPANSION
The
two components operate independently, based on geographic location.
As one of the largest privately held companies in the world, Aldi is able to position itself in a variety of different foreign and domestic markets. In the
United States, Aldi Nord operates the Trader Joe’s supermarket chain, while Aldi Süd uses the Aldi name for its US locations. Forbes attributes Aldi’s
recent high velocity growth to this tactic specifically, noting that Aldi sells primarily, if not entirely, its own privately branded variations of American Food.
In 2013, Aldi released plans to open 650 new stores, bringing its total number of US stores to nearly 2,000 by the end of 2018. The expansion is
expected to create more than 10,000 new jobs, an aggressive but achievable strategy that includes building a regional headquarters in Moreno Valley,
CA.
3
AERIAL PHOTO
aldi
206 Texas - 332, lake Jackson, tx
Hwy 332 (21,000 VPD)
Lake Jackson
Intermediate School
Brazosport Regional
Health System
Dow’s New R&D Facility
(2,000 Employees)
4
AERIAL PHOTO
aldi
206 Texas - 332, lake Jackson, tx
First State
Bank
Medical
Shoppe
La Casona
Grill Cafe
5
AERIAL PHOTO
aldi
206 Texas - 332, lake Jackson, tx
Medical
Shoppe
6
AERIAL PHOTO
aldi
206 Texas - 332, lake Jackson, tx
Houston, TX
7
AERIAL PHOTO
aldi
206 Texas - 332, lake Jackson, tx
8
Site plan
aldi
206 Texas - 332, lake Jackson, tx
9
Location overview
aldi
206 Texas - 332, lake Jackson, tx
IMMEDIATE TRADE AREA
Aldi is strategically located along Highway 288 (42,000 VPD) and This Way St.
(21,600 VPD) in a dense retail area of Lake Jackson. Nolan Ryan Expressway
(Hwy 288) is an arterial north-south highway in the region; it begins in Houston
and provides direct access to the site and surrounding area. Hwy 332, known
as “SH 332”, is a 15-mile, northwest-southeast thoroughfare in the region. SH
332 runs from Surfside Beach, TX on the Gulf of Mexico, inland to Brazoria,
TX. South of the subject property, SH 332 merges into Nolan Ryan
Expressway. This location positions the subject property to capture significant
traffic volumes from a wide variety of areas in Lake Jackson.
This geographic advantage has spurred large scale retail development in the
immediate trade area. The subject property is just south of the Brazos Mall
(682,831 SF) and is surrounded by a variety of big box retailers. Brazos Mall
features over 73 tenants and is anchored by Dillard’s, JC Penny, Sears, and
Starplex Cinemas.
National credit tenants within 1-mile of the subject property include Walmart,
Target, Home Depot, Best Buy, Office Depot, PetSmart, Petco, Big Lots!,
Kohl’s, Ross, Zales, Hobby Lobby, Dollar General, Enterprise, Aaron’s,
Academy Sports & Outdoors, Payless Shoe Source, Hastings, Discount Tire,
Tractor Supply Co., McDonald’s, Chick-fil-A, Burger King, Whataburger, Texas
Roadhouse, Popeye’s, Cici’s Pizza, Fuddruckers, Sonic, and many more.
LAKE JACKSON, TX
Lake Jackson is a city in Brazoria County, Texas within the Houston–Sugar
Land–Baytown metropolitan area of more than 6.3 million people which is the
second fastest growing major MSA in the United States. Lake Jackson is
located 50 miles south of Houston, 45 miles southwest of Galveston, and 8
miles north of the Gulf of Mexico. As of a 2010 U.S. Census Bureau estimate,
the city population was 26,849.
The City was built in the early 1940’s as a planned community in support of
Dow Chemical Company's manufacturing plant and seaport. In the next 10
years, there is expected to be $ 30 billion of industrial investment in Brazoria
County due in part to the prevalence of Shale gas in the region and the
strategic Gulf port location, but even more from the petro chemical business in
centrally benefits from cheaper oil prices making the area more stable and
immune to the fluctuation of Oil prices.
Dow recently announced an additional $ 4 billion dollar investment into the
region including new R&D facilities, a new ethylene cracker, a new prototype
plant, and more into what already the largest chemical plant in the western
Hemisphere. The 900,000-square-foot, five-building campus, will house 2,000
employees and is expected to be completed by 2016. This state of the art
administrative facility will support various businesses, R&D and manufacturing
operations across the Gulf Coast, and is projected to expand the downtown
area with more retail and restaurant development due to the increased
workforce. Lake Jackson’s proximity to Houston, along with other local
resources and facilities, have continued to fuel and promote growth in the area.
Other companies such as BASF and Freeport LNG have also have large scale
projects which will collectively add approximately 7,000 new high paying jobs to
the region by 2017.
The construction boom in Lake Jackson is unprecedented as the city takes
advantage of its stronghold in the petrochemical industry and influx of
newcomers. The largest employers such as Dow Chemical, Freeport LNG, and
Phillip 66 have major expansion projects planned or currently under
construction in the area. In addition to industrial development there are also
two large scale luxury apartment buildings breaking ground soon. An estimated
20,000 construction workers are pouring in to bring these expansion projects to
fruition. Even as Houston’s growth is tapering, the growth spurt fueled by nearly
$30 billion in projects from big industries and housing developments is
transforming Lake Jackson and the surrounding towns. Its impact is
reverberating far from the plants that are being built and into the pockets of the
population in the vicinity. Lake Jackson boasts median annual household
income of about $82,000 nearly 40% higher than in the Sate as a whole.
10
Location overview
aldi
206 Texas - 332, lake Jackson, tx
Houston is home to the Texas Medical Center—the largest medical center in
the world—several universities (including Rice University, Texas Southern
University, and The University of Houston), and two of the largest systems of
higher learning in the United States (The Houston and Lone Star Community
College systems). The University of Houston’s annual impact on the Houstonarea's economy alone equates to that of a major corporation: $1.1 billion in new
funds attracted annually to the Houston area, $3.13 billion in total economic
benefit, and 24,000 local jobs generated.
Recent accolades include:
•
The Brookings Institution ranked Houston as the fastest growing economy
in North America; Houston posted 118,200 new jobs in 2012 and added
more than 87,600 new jobs in 2013
•
The Association of Foreign Investors in Real Estate (“AFIRE”), recently
named Houston the 5th best city in the world for commercial real estate
investment
•
Perennial Outperformer: Houston led all other major metropolitan area with
4.7% Gross Metropolitan Product growth (GMP) since 2000
•
With 3,700 energy-related establishments, Houston is known as the
“Energy Capital of the World”
•
Houston ranks number 1 for health care and manufacturing careers,
number 2 for engineering, finance and accounting careers, and number 3 in
green jobs and number 6 in computer science careers
HOUSTON-SUGAR LAND-BAYTOWN METROPOLITAN AREA
The Houston-Sugar Land-Baytown Metropolitan Statistical Area (MSA),
colloquially known as Greater Houston, is the 5th largest in the United States
with a population of 6.3 million. From 2000 to 2030, the metropolitan area is
projected by Woods & Poole Economics to rank fifth in the nation in population
growth—adding 2.66 million people.
In 2013, Houston was placed in Forbes’ “Top 5 Best Big Cities for Jobs”. The
Greater Houston Gross Metropolitan Product (GMP) in 2014 is projected to be
$488.7 billion, up 5.4 percent from 2013 GMP of 463.7 billion. Between 2012
and 2013, Houston’s GMP increased 3.1 percent. Only 28 nations other than
the United States have a GDP exceeding the Greater Houston GMP. Mining,
which in Houston is almost entirely oil and gas exploration and production,
accounts for 11 percent of Greater Houston's GMP.
Houston is second to New York City in Fortune 500 headquarters. Galveston
Bay and the Buffalo Bayou together form one of the most important shipping
hubs in the world, and the Port of Houston, the Port of Texas City, and the Port
of Galveston are all major seaports located in Greater Houston. The area is
one of the leading centers of the energy industry, particularly petroleum
processing, and many companies have large operations in this region. The
MSA comprises the largest petrochemical manufacturing area in the world. The
area is also the world's leading center for building oilfield equipment, and is a
major center of biomedical research, aeronautics, and high-technology.
Because of these economic trades, many residents have moved to the
Houston area from other U.S. states, as well as hundreds of countries
worldwide.
11
Location overview
aldi
206 Texas - 332, lake Jackson, tx
Dow Chemicals new five-building,
900,000-square-foot R&D center
in Lake Jackson for 2,000
Employees.
“Boom times on the bay”
It took Brazoria County 150 years to reach a value of $21 billion, a number which is expected to double in the next 10 years due to an influx of
development spurred by shale plays.
Right now the taxable value of Brazoria County is around $21 billion, said Robert Worley, president and CEO of the Economic Development Alliance for Brazoria County. In
the next 10 years, there is expected to be $21 billion of industrial investment in Brazoria County, he said, and almost all because of shale gas. “It took us 150 years to get to
a value of $21 billion, and we are going to double the taxable value of the county in the next 10 years,” he said. “And that’s only direct capital investment – not retail
shopping centers, new roadway, etc. The trailing investments for these projects will go on for the next 15 years…”. As highlighted on the next page, a variety of
developments taking place in the Gulf Coast area have spurred monumental growth in Brazoria County.
1. Ryan, Molly. "Boom times on the Bay." Houston Business Journal [Houston] 21 Mar. 2014, Centerpiece sec.: 18. Print.
$9.4B
6,800+
955+
4,485+
Amount of planned industrial
investment between 2011
and 2013 in Brazoria County
Number of construction workers
estimated to be needed in Brazoria
County from industrial investments
between 2011 and 2013
Number of estimated new direct
company jobs to be created in Brazoria
County from the industrial investments
between 2011 and 2013
Number of estimated direct and indirect
jobs created in Brazoria County from
the industrial investments between
2011 and 2013
Sources: American Chemistry Council and the Economic Development Alliance for Brazoria County
12
Location overview
aldi
206 Texas - 332, lake Jackson, tx
6. DOW’S CHEMICAL EXPANSION
Dow is also planning an extensive chemical
expansion at its immense Freeport complex as
part of a $4 billion Gulf Coast expansion
project. In Freeport, the expansion includes
adding two performance plastics expansions, a
propylene production facility and a new
ethylene unit. Between 400 and 500
permanent new jobs are expected to be
created when the project is complete in 2017.
Also Dow’s joint-venture with Japan-based
Mitsui plans to build a chlor-alkali plant in
Freeport. According to Dow, the company
currently has 3,000 to 4,000 construction
contractors at its Freeport site.
7. NEW GROCER
LAKE
JACKSON
The new H-E-B food and drug store in Lake
Jackson just opened in spring 2015 at corner
of Oyster Creek and Oak drive.
8. BASF NEW PLANT
BASF SE, the German chemical giant, is
building a new production plant for emulsion
polymers in Freeport. The $90 million
investment is expected to create 20 permanent
jobs as well as 200 construction jobs at its
peak. The project is expected to be complete
this summer.
1. TENARIS STEEL PLANT
Luxembourg-based Tenaris SA (NYSE:
TS), a steel pipe firm with its U.S.
headquarters in Houston, is building a $1.5
billion steel pipe manufacturing facility in
Bay City, TX. The plant will create about
600 permanent jobs and be complete by
2016.
2A & 2B. PHILLIPS 66 NEW PLANT
Phillips 66 (NYSE: PSX) is investing $3
billion in two Brazoria County projects which
are expected to create 50 full-time jobs as
well as more than 1,000 construction jobs.
The Houston-based company is building a
100,000-barrel-per-day fractionator near its
refinery in Sweeny, TX, to supply natural
gas liquids to the petrochemical industry
and heating markets. It is expected to start
up in the third quarter of 2015. It is also
building a $1 billion liquefied petroleum gas
export terminal – its first ever – in Freeport,
Texas, to tap international markets for their
propane and butane needs. Initial capacity
will be 4.4 million barrels per months, and
startup is expected in mid-2016.
3. CHEVRON PHILLIPS EXPANSION
The woodland-based Chevron Phillips
Chemical Company LP plans two new
polyethylene units, as well the expansion of
its ethylene production capacity in Old
Ocean, Texas. The expansions are part of
the company’s $6 billion Gulf Coast
Petrochemicals project, which is complete in
2017 and will create 10,000 engineering and
construction jobs.
4. NEW COMMUNITY
Dallas-based Hillwood Communities will
break ground this spring on its first Houstonarea master-planned community, named
Pomona, near Highway 288 in Manvel, about
9. FREEPORT LNG EXPORT FACILITY
The 20 mils south of downtown Houston. The
$700 million development, with Houstonbased McGuyer Homebuilders Inc., will sit on
1,00 acres and include 2,100 single-family
homes ranging in price from $250,000 to
$400,000. It will include a new elementary
school and possibly a new junior high.
5. DOW’S NEW R&D CENTER
The Dow Chemical Co. (NYSE: DOW) in
early March revealed plans to build a
massive research and development center in
Lake Jackson, Texas. The five-building
Texas Innovation Center will house about
2,000 of the Michigan-based company’s
employees. The five buildings, which total
about 900,000 square feet, will be on a 50acre site. In addition to two R&D buildings,
there will be an administration building, a
visitor center, and an employee amenities
center. Houston-based Core Real Estate LLC
will have completed the project in 2016.
B Houston-based Freeport LNG Expansion LP
plans to spend about $13 billion to construct a
liquefied natural gas export facility in Freeport
that would employ 3,500 construction workers
and create 160 permanent jobs. Freeport LNG
received approval to export LNG, but is waiting
for authorization to construct and operate its
liquidation facility. The authorization is
expected to come through in the third quarter,
and, once this happens, Freeport LNG can
begin its four-five year construction process.
1. Ryan, Molly. "Boom times on the Bay." Houston
Business Journal [Houston] 21 Mar. 2014, Centerpiece
sec.: 18. Print.
13
Location map
aldi
206 Texas - 332, lake Jackson, tx
14
Location map
aldi
206 Texas - 332, lake Jackson, tx
,
15
Demographics
aldi
206 Texas - 332, lake Jackson, tx
Texas 288 Frontage Rd
Texas 288 Frontage Rd
1 mi radius 3 mi radius 5 mi radius
1 mi radius 3 mi radius 5 mi radius
Lake Jackson, TX 77566
6,924
32,901
48,361
2000 Census Population
Projected Annual Growth 2015 to 2020
6,830
2.5%
31,462
2.5%
46,707
2.5%
Historical Annual Growth 2000 to 2015
0.9%
0.8%
0.8%
2015 Estimated Households
3,275
13,763
19,503
2020 Projected Households
2010 Census Households
3,594
2,806
15,158
12,578
21,541
17,641
2000 Census Households
2,588
11,443
16,454
Projected Annual Growth 2015 to 2020
Historical Annual Growth 2000 to 2015
1.9%
1.8%
2.0%
1.4%
2.1%
1.2%
2015 Est. Labor Population Age 16 Years or Over
LABOR FORCE
52,210
58,835
6,049
27,143
40,374
64.1%
63.3%
60.8%
2.7%
3.3%
3.3%
2015 Est. in Armed Forces
2015 Est. not in Labor Force
0.2%
33.0%
0.1%
33.3%
0.1%
35.8%
2015 Labor Force Males
2015 Labor Force Females
48.6%
51.4%
48.7%
51.3%
50.5%
49.5%
2015 Est. Civilian Employed
2015 Est. Civilian Unemployed
2010 Occupation: Population Age 16 Years or Over
3,293
15,365
21,614
2010 Mgmt, Business, & Financial Operations
10.6%
12.9%
12.7%
2010 Professional, Related
2010 Service
19.5%
15.8%
26.6%
13.4%
23.0%
15.4%
2010 Sales, Office
25.1%
24.9%
23.9%
2010 Farming, Fishing, Forestry
2010 Construction, Extraction, Maintenance
13.6%
0.1%
10.3%
0.1%
12.5%
13.8%
13.5%
13.6%
2015 Est. Population 10 to 19 Years
13.3%
15.3%
15.0%
2010 Production, Transport, Material Moving
15.5%
11.8%
12.3%
2015 Est. Population 20 to 29 Years
2015 Est. Population 30 to 44 Years
15.9%
18.8%
13.2%
18.2%
13.3%
19.0%
2010 White Collar Workers
2010 Blue Collar Workers
55.1%
44.9%
64.4%
35.6%
59.7%
40.3%
2015 Est. Population 45 to 59 Years
18.9%
20.8%
21.0%
2015 Est. Population 60 to 74 Years
2015 Est. Population 75 Years or Over
11.5%
7.7%
13.0%
6.0%
12.8%
5.4%
2010 Drive to Work Alone
84.3%
87.9%
85.8%
2010 Drive to Work in Carpool
13.3%
8.4%
10.0%
34.4
36.2
35.7
2010 Travel to Work by Public Transportation
2010 Drive to Work on Motorcycle
0.2%
0.2%
0.1%
0.1%
0.2%
0.2%
2015 Est. Male Population
2015 Est. Female Population
48.8%
51.2%
49.0%
51.0%
50.5%
49.5%
2010 Walk or Bicycle to Work
2010 Other Means
0.1%
0.2%
0.6%
0.8%
0.8%
0.7%
2015 Est. Never Married
28.3%
25.5%
26.6%
2010 Work at Home
1.8%
2.1%
2.2%
2015 Est. Now Married
44.6%
54.4%
51.6%
2015 Est. Separated or Divorced
2015 Est. Widowed
19.0%
8.1%
14.4%
5.7%
16.4%
5.4%
2010 Travel to Work in 14 Minutes or Less
37.0%
41.9%
41.0%
2010 Travel to Work in 15 to 29 Minutes
2010 Travel to Work in 30 to 59 Minutes
45.6%
9.7%
39.6%
9.9%
40.1%
10.6%
2015 Est. HH Income $200,000 or More
4.7%
6.2%
5.5%
7.8%
8.6%
8.4%
2015 Est. HH Income $150,000 to $199,999
6.3%
6.5%
5.7%
16.5
15.7
15.9
2015 Est. HH Income $100,000 to $149,999
2015 Est. HH Income $75,000 to $99,999
11.3%
16.8%
19.1%
14.7%
16.9%
14.2%
2015 Est. HH Income $50,000 to $74,999
2015 Est. HH Income $35,000 to $49,999
15.9%
17.3%
17.1%
14.5%
17.0%
14.1%
2015 Est. Total Household Expenditure
2015 Est. Apparel
$183 M
$6.38 M
$848 M
$29.5 M
$1.14 B
$39.8 M
2015 Est. Contributions, Gifts
$12.5 M
$59.5 M
$78.8 M
2015 Est. HH Income $25,000 to $34,999
14.1%
8.1%
9.6%
2015 Est. Education, Reading
$7.02 M
$34.1 M
$45.1 M
2015 Est. Entertainment
$10.2 M
$47.7 M
$64.3 M
2015 Est. Food, Beverages, Tobacco
$28.1 M
$128 M
$174 M
2015 Est. Furnishings, Equipment
2015 Est. Health Care, Insurance
$6.32 M
$16.2 M
$29.7 M
$73.3 M
$39.7 M
$99.5 M
2015 Est. Household Operations, Shelter, Utilities
2015 Est. Miscellaneous Expenses
$56.7 M
$2.72 M
$262 M
$12.5 M
$354 M
$16.9 M
2015 Est. HH Income $15,000 to $24,999
2015 Est. HH Income Under $15,000
6.3%
7.4%
7.1%
6.8%
9.2%
7.7%
2015 Est. Average Household Income
$71,699
$82,756
$77,332
2015 Est. Median Household Income
2015 Est. Per Capita Income
$57,721
$30,327
$70,824
$32,426
$67,019
$29,177
2015 Est. Total Businesses
2015 Est. Total Employees
TRANSPORTATION
TO WORK
2015 Est. Population Under 10 Years
TRAVEL TIME
MARITAL STATUS
& GENDER
35,145
39,584
2010 Census Population
2015 Est. Median Age
INCOME
7,752
8,702
OCCUPATION
2015 Estimated Population
2020 Projected Population
CONSUMER EXPENDITURE
AGE
HOUSEHOLDS
POPULATION
Lake Jackson, TX 77566
2010 Travel to Work in 60 Minutes or More
2010 Average Travel Time to Work
749
1,354
1,867
2015 Est. Personal Care
$2.38 M
$11.0 M
$14.8 M
6,761
12,374
17,167
2015 Est. Transportation
$34.9 M
$161 M
$217 M
16