MCALLEN 1700 S. 23 RD ST MCALLEN, TX 78503 FOR LEASE 100 YEARS OF COMMERCIAL REAL ESTATE AFC Realty, LLC dba Henry S. Miller Brokerage- Houston is an independent licensee of Henry S. Miller Brokerage, LLC. The information contained herein are from sources believed to be reliable but Henry S. Miller Brokerage- Houston has not verified the accuracy of the information, assumes no responsibility and makes no guarantees or representation. The information is subject to the possibility of errors, omission, changes of condition including price or rental or withdrawal without notice. 9434 KATY FREEWAY SUITE 180 HOUSTON, TX 77055 www.henrysmiller.com PROPERTY DETAILS PHYSICAL ADDRESS: 1700 S. 23 RD St. McAllen, TX 78503 AVAILABLE SPACE: 20,000 SF to 40,000 SF CPD: 117,183 CPD AREA RETAILERS: 2016 Estimated Demographics 1 mile 3 miles 5 miles Population: 12,391 80,591 209,440 Number of Households: 3,747 26,033 67,531 Average Household Income: $33,983 $56,838 $62,692 2016 Number of Businesses: 824 4,971 10,124 2016 Number of Employees: 8,784 54,322 102,938 DEMOGRAPHICS SHAWN ACKERMAN President 713.386.1088 Direct [email protected]Up to 20,000 SF Available For Lease
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MCALLEN1700 S. 23RD ST
MCALLEN, TX 78503
FOR
LEASE100 YEARS OF COMMERCIAL REAL ESTATE
AFC Realty, LLC dba Henry S. Miller Brokerage- Houston is an independent licensee of Henry S. Miller Brokerage, LLC. The information contained herein are from sources believed to be reliable but Henry S. Miller Brokerage- Houston has not verified
the accuracy of the information, assumes no responsibility and makes no guarantees or representation. The information is subject to the possibility of errors, omission, changes of condition including price or rental or withdrawal without notice.
9434 KATY FREEWAY
SUITE 180
HOUSTON, TX 77055
www.henrysmiller.com
PROPERTY DETAILS
PHYSICAL ADDRESS: 1700 S. 23RD St.McAllen, TX 78503
AVAILABLE SPACE: 20,000 SF to 40,000 SF
CPD: 117,183 CPD
AREA RETAILERS:
2016 Estimated Demographics 1 mile 3 miles 5 miles
AFC Realty, LLC dba Henry S. Miller Brokerage- Houston is an independent licensee of Henry S. Miller Brokerage, LLC. The information contained herein are from sources believed to be reliable but Henry S. Miller Brokerage- Houston has not verified
the accuracy of the information, assumes no responsibility and makes no guarantees or representation. The information is subject to the possibility of errors, omission, changes of condition including price or rental or withdrawal without notice.
AFC Realty, LLC dba Henry S. Miller Brokerage- Houston is an independent licensee of Henry S. Miller Brokerage, LLC. The information contained herein are from sources believed to be reliable but Henry S. Miller Brokerage- Houston has not verified
the accuracy of the information, assumes no responsibility and makes no guarantees or representation. The information is subject to the possibility of errors, omission, changes of condition including price or rental or withdrawal without notice.
COMPLETE PROFILE2000-2010 Census, 2016 Estimates with 2021 Projections
Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 26.1900/-98.2478RFULL9
1700 S 23rd St1 Mile 3 Miles 5 Miles
McAllen, TX
Total Annual Consumer Expenditure (2016)
Total Household Expenditure $128 M $1.22 B $3.40 B
Total Non-Retail Expenditure $68.6 M $658 M $1.84 B
Total Retail Expenditure $59.9 M $562 M $1.56 B
Apparel $4.49 M $42.7 M $119 M
Contributions $4.60 M $49.0 M $140 M
Education $4.07 M $42.6 M $122 M
Entertainment $6.94 M $67.3 M $189 M
Food and Beverages $19.9 M $184 M $509 M
Furnishings and Equipment $3.98 M $39.9 M $113 M
Gifts $2.68 M $28.1 M $80.2 M
Health Care $11.2 M $101 M $277 M
Household Operations $3.23 M $33.1 M $94.6 M
Miscellaneous Expenses $1.94 M $18.2 M $50.2 M
Personal Care $1.68 M $15.9 M $44.3 M
Personal Insurance $824 K $8.51 M $24.3 M
Reading $273 K $2.65 M $7.41 M
Shelter $26.6 M $252 M $701 M
Tobacco $989 K $8.35 M $22.3 M
Transportation $24.4 M $231 M $646 M
Utilities $10.6 M $96.0 M $263 M
Monthly Household Consumer Expenditure (2016)
Total Household Expenditure $2,857 $3,906 $4,199
Total Non-Retail Expenditure $1,525 53.4% $2,106 53.9% $2,273 54.1%
Total Retail Expenditures $1,332 46.6% $1,800 46.1% $1,926 45.9%
Apparel $100 3.5% $137 3.5% $147 3.5%
Contributions $102 3.6% $157 4.0% $173 4.1%
Education $91 3.2% $136 3.5% $150 3.6%
Entertainment $154 5.4% $215 5.5% $233 5.5%
Food and Beverages $443 15.5% $589 15.1% $628 15.0%
Furnishings and Equipment $89 3.1% $128 3.3% $140 3.3%
Gifts $60 2.1% $90 2.3% $99 2.4%
Health Care $248 8.7% $324 8.3% $341 8.1%
Household Operations $72 2.5% $106 2.7% $117 2.8%
Miscellaneous Expenses $43 1.5% $58 1.5% $62 1.5%
Personal Care $37 1.3% $51 1.3% $55 1.3%
Personal Insurance $18 0.6% $27 0.7% $30 0.7%
Reading $6 0.2% $8 0.2% $9 0.2%
Shelter $592 20.7% $806 20.6% $865 20.6%
Tobacco $22 0.8% $27 0.7% $28 0.7%
Transportation $543 19.0% $740 18.9% $797 19.0%
Utilities $236 8.3% $307 7.9% $325 7.7%
11-2-2015
Information About Brokerage ServicesTexas law requires all real estate license holders to give the following informa on about
brokerage services to prospec ve buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS: .
• A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material informa on about the property or transac on received by the broker; • Answer the client’s ques ons and present any o er to or counter-o er from the client; and • Treat all par es to a real estate transac on honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. An owner's agent must perform the broker’s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent or subagent by the buyer or buyer’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wri en representa on agreement. A buyer's agent must perform the broker’s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must Þrst obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary:
• Must treat all par es to the transac on impar ally and fairly; • May, with the par es' wri en consent, appoint a di erent license holder associated with the broker to each party (owner and
buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. • Must not, unless speciÞcally authorized in wri ng to do so by the party, disclose:
that the owner will accept a price less than the wri en asking price; that the buyer/tenant will pay a price greater than the price submi ed in a wri en o er; and any conÞden al informa on or any other informa on that a party speciÞcally instructs the broker in wri ng not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transac on without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner Þrst.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s du es and responsibili es to you, and your obliga ons under the representa on agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker’s services. Please acknowledge receipt of this no ce below and retain a copy for your records.
Licensed Broker /Broker Firm Name or Primary Assumed Business Name
License No. Email Phone
Designated Broker of Firm License No. Email Phone
Licensed Supervisor of Sales Agent/Associate
License No. Email Phone
Sales Agent/Associate’s Name License No. Email Phone