MONARCH DRIVE. MCPHERSON RD. 35,490 VPD SAN ISIDRO PKWY BOB BULLOCK LOOP 20 LOOP SITE 59 TEXAS Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management FORMER CARL’S JR. – LAREDO, TX Rare Opportunity 2nd Gen Restaurant For Lease SEC of McPherson Rd. and Monarch Dr. south of Loop 20 | Laredo, Texas J.J. McDermott | 281.477.4300
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BOB BULLOCK LOOP
MONARCH DRIVE.
MC
PHER
SON
RD
. 35,490 V
PD
SAN ISIDRO PKWY
20L O O P
BOB BULLOCK LOOP20
L O O P
SITE
59T E X A S
59T E X A S
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
FORMER CARL’S JR. – LAREDO, TXRare Opportunity 2nd Gen Restaurant For Lease
SEC of McPherson Rd. and Monarch Dr. south of Loop 20 | Laredo, Texas
J.J. McDermott | 281.477.4300
SEC of McPherson Rd. and Monarch Dr. south of Loop 20 | Laredo, Texas
Former Carl’s Jr. – Laredo, TX
MCPHERSON RD. 35,490 VPDB
OB
BU
LLOC
K LO
OP
20L
OO
P
SAN
ISIDR
O PK
WY
35 83T E X A S
35 83T E X A S
69
59T E X A S
SITE
Mall del Norte
Rare opportunity to lease a second generation restaurant in
the most sought after retail corridor in the Laredo market.
The property is strategically located at the southeast
corner of McPherson Rd. and Monarch Dr., easy accessible
from McPherson Rd., Monarch Dr., and HEB. The building is
approximately 3,917 SF and sits on 0.87 acres.
• Across the street from HEB Plus and Doctors Hospital of
Laredo
• Major retail corridor; over 35,450 VPD on McPherson
• Excellent access and visibility
• Excellent Household Incomes
• Area retailers/traffic generators: HEB Plus, Doctors Hospital
of Laredo, Petco, TJ Maxx, Hobby Lobby, Ross, ULTA, Chili’s,
Chick fil-A, McDonald’s, James Avery, IBC Bank, Wells Fargo,
and IBC Bank among others.
• Building size: 3,917 SF
• Land size: 0.87 acres
J.J. McDermott281.477.4353 [email protected]
Sector Centro
Nuevo Laredo
La Cruz
La Presa
Laredo
Ranchettes
Laredo
MEXICO
35
69W
T E X A S359
20T E X A S
59
83
59
BOB BULLOCK LOOP
MONARCH DRIVE.
MC
PHER
SON
RD
. 35,490 V
PD
SAN ISIDRO PKWY
20L O O P
BOB BULLOCK LOOP20
L O O P
SITE
59T E X A S
59T E X A S
SEC of McPherson Rd. and Monarch Dr. south of Loop 20 | Laredo, Texas
Former Carl’s Jr. – Laredo, TX
DEMOGRAPHICS
Our quest is your success.
Specializing in retail space leasing, asset
and property management, development,
land brokerage, investment sales and tenant
representation, NewQuest Properties is
one of the premier commercial real estate
brokerage firms in Texas and Louisiana.
Our dedicated team excels at meeting
your needs and exceeding all expectations.
From retail center development, leasing,
acquisition and financing to architectural
design, marketing, space planning, asset
and property management, NewQuest is an
expert at bringing your commercial project
and vision to life.
9.9M SFOWNED
12.1M SFLEASED
10.8M SFMANAGED
TX LA
1 Mile 3 Miles 5 Miles
POSTAL COUNTS
Current Households 4,015 18,189 32,744
Current Population 13,656 61,920 111,199
2010 Census Average Persons per Household 3.40 3.40 3.40
2010 Census Population 10,137 45,572 85,684
Population Growth 2010 to 2018 34.78% 36.72% 31.46%
CENSUS HOUSEHOLDS
1 Person Household 13.40% 13.15% 13.80%
2 Person Households 19.13% 20.96% 21.39%
3+ Person Households 67.47% 65.89% 64.81%
Owner-Occupied Housing Units 79.31% 75.71% 69.98%
Renter-Occupied Housing Units 20.69% 24.29% 30.02%
RACE AND ETHNICITY
2018 Estimated White 90.19% 89.64% 89.01%
2018 Estimated Black or African American 1.08% 0.93% 0.95%
2018 Estimated Asian or Pacific Islander 2.13% 2.20% 1.76%
2018 Estimated Other Races 6.37% 6.93% 7.95%
2018 Estimated Hispanic 90.60% 90.44% 91.52%
INCOME
2018 Estimated Average Household Income $97,361 $92,701 $81,538
2018 Estimated Median Household Income $77,212 $78,142 $67,551
2018 Estimated Per Capita Income $30,140 $29,357 $25,374
EDUCATION (AGE 25+)
2018 Estimated High School Graduate 17.56% 19.88% 22.34%
2018 Estimated Bachelors Degree 31.11% 25.45% 21.59%
2018 Estimated Graduate Degree 11.30% 11.66% 10.08%
AGE
2018 Median Age 29.4 30.2 30.2
2010 Census, 2018 Estimates withDelivery Statistics as of 12/18
WHO’S NEARBY
Information About Brokerage Services
TYPES OF REAL ESTATE LICENSE HOLDERS:• ABROKERisresponsibleforallbrokerageactivities,includingactsper-
formedbysalesagentssponsoredbythebroker.• ASALESAGENTmustbesponsoredbyabrokerandworkswithclients
onbehalfofthebroker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the per-son or party that the broker represents):
• Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;
• Informtheclientofanymaterialinformationaboutthepropertyortrans-actionreceivedbythebroker;
• Answertheclient’squestionsandpresentanyoffertoorcounter-offerfromtheclient;and
• Treatallpartiestoarealestatetransactionhonestlyandfairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD):Thebrokerbecomesthepropertyowner’sagentthroughanagreementwiththeowner,usuallyinawrittenlistingtosellorpropertymanagementagreement.Anowner’sagentmustperformthebroker’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationabouttheproertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsubagentbythebuyerorbuyer’sagent.
AS AGENT FOR BUYER/TENANT:Thebrokerbecomesthebuyer/tenant’sagentbyagreeingtorepresentthebuyer,usuallythroughawrittenrepre-sentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.
AS AGENT FOR BOTH - INTERMEDIARY:Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:
• Musttreatallpartiestothetransactionimpartiallyandfairly;• May,withtheparties’writtenconsent,appointadifferentlicenseholder
associatedwiththebrokertoeachparty(ownerandbuyer)tocommuni-catewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.
• Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose:• thattheownerwillacceptapricelessthanthewrittenaskingprice;• thatthebuyer/tenantwillpayapricegreaterthanthepricesubmitted
inawrittenoffer;and• anyconfidentialinformationoranyotherinformationthatapartyspe-
cificallyinstructsthebrokerinwritingnottodisclose,unlessrequiredtodosobylaw.
AS SUBAGENT:Alicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresentthebuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO-KER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:•Thebroker’sdutiesandresponsibilitiestoyou,andyourobligationsundertherepresentationagreement.•Whowillpaythebrokerforservicesprovidedtoyou,whenpaymentwillbemadeandhowthepaymentwillbecalculated.
LICENSE HOLDER CONTACT INFORMATION:Thisnoticeisbeingprovidedforinformationpurposes.Itdoesnotcreateanobligationforyoutousethebroker’sservices.Pleaseacknowledgereceiptofthisnoticebelowandretainacopyforyourrecords.
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
LicensedBroker/BrokerFirmNameorPrimaryAssumedBusinessName
DesignatedBrokerofFirm
LicensedSupervisorofSalesAgent/Associate
SalesAgent/Associate’sName
LicenseNo.
LicenseNo.
LicenseNo.
LicenseNo.
Phone
Phone
Phone
Phone
Buyer/Tenant/Seller/LandlordInitials Date
RegulatedbytheTexasRealEstateCommission(TREC)|Informationavailableathttp://www.trec.texas.gov
The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice.
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300
H. Dean Lane, Jr. 366134 [email protected] (281)477-4300
H. Dean Lane, Jr. 366134 [email protected] (281)477-4300
Rev. 03.29.19 ct
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