Kroger Junction FOR LEASE 2619 Red Bluff Rd, Pasadena, Texas 77506

Transcription

1 Kroger Junction FOR LEASE 2619 Red Bluff Rd, Pasadena, Texas The information contained herein while based upon data supplied by source deemed reliable, is subject to errors or omissions and is not in any way, warranted by Southwest Realty Group or by any agent, independent associate, subsidiary or employee of Southwest Realty Group. This information subject to Change For More Information Please Contact: David Wang VP, Broker

2 Space for lease Rental Rate 1,200 SF, Formal Nail Salon 16,725 SF, Formal Fallas, Dividable $18.00 PSF NNN/1,200 SF STE C Negotiable / 16,725SF STE Red Bluff Road, Pasadena, Address Texas Kroger and 1984 multi-tenant Year Built retail Total Land Area 285,941 square feet (6.56 acres) Building Area 81,158 SF Type of Construction Roof Type Sprinklered Parking Concrete tilt wall Thermoplastic polyolefin (TPO) single-ply roofing membranes. All lease spaces are fully sprinklered 265 Spaces

3

4 Kroger The Kroger Company (NYSE: KR), headquartered in Cincinnati, Ohio, is one of the nation s largest grocery retailers, with fiscal 2015 sales of $109.8 billion. Founded in 1883 and incorporated in 1902, the company operates 2,778 stores under two dozen banners in 35 states. In addition, Kroger operates 784 convenience stores under names such as Quik Stop and Kwik Shop, as well as 323 fine jewelry stores, 1,387 supermarket fuel centers and 38 food processing plants in the United States. The company employs approximately 430,000 full-time and parttime associates and currently holds the #20 ranking on the Fortune 500 list published in June For more information, visit Family Dollar Family Dollar Stores, Inc. (NYSE: FDO / S&P BBB-) headquartered in Matthews, North Carolina, operates a chain of more than 8,100 general merchandise retail discount stores in 46 states, providing consumers with a selection of merchandise in neighborhood stores. It is the second largest discount retailer in the United States. The Company s merchandise assortment includes Consumables, Home Products, Apparel and Accessories, and Seasonal and Electronics. The Company offers a focused assortment of merchandise in a number of core categories, such as health and beauty aids, packaged food and refrigerated products, home cleaning supplies, house wares, stationery, seasonal goods, apparel, and home fashions. They are currently merging with Dollar Tree. Visit Fallas National Stores Inc., is a family-owned company headquartered in the Harbor Gateway area of Los Angeles, California with more than 360 locations in twenty-two states and Puerto Rico. National Stores Inc. does business as: Fallas, Fallas Paredes, Fallas Discount Stores, Factory 2-U, Conway, CW Price, Falas (spelled with single l in Puerto Rico) and Anna s Linen s by Fallas, and offer brand name and private label clothing for men, ladies, boys, girls, juniors, infants and toddlers along with lingerie, shoes and household items. Fallas Paredes caters to the Hispanic American community. Visit Little Caesars Little Caesars opened its first restaurant in Garden City, Michigan in 1959, and there are now over 3,600 locations. Recognized as the fastest growing pizza chain in America (based on 2011 U.S. store growth), Little Caesars is the largest carry-out chain internationally with restaurants on five continents. For the fourth year in a row, Little Caesars was named Best Value in America of all quick-serve restaurant chains. For more information, visit MetroPCS MetroPCS is a prepaid wireless service in the United States that is owned by T-Mobile. In October 2012, MetroPCS Communications reached an agreement to merge with T-Mobile USA, Inc. The deal was a reverse merger for MetroPCS; following the closure of the merger on May 1, 2013, the combined company, now known as T-Mobile US, Inc., began trading on the New York Stock Exchange as TMUS. For more information, visit www. metropcs.com or H&R Block H&R Block is one of the world s largest tax services providers, utilizing more than 100,000 highly trained tax professionals and having prepared more than 550 million tax returns worldwide since Brothers Henry W. Bloch and Richard A. Bloch founded the company in 1955 and grew the business to become a brand and franchising icon. Today, H&R Block: Prepares 1 in every 7 U.S. tax returns. Visit Subway Founded in 1965, the SUBWAY brand is the world s largest submarine sandwich chain with more than 41,591 locations around the world, of which 26,580 are located in the United States. For more information, visit

5 The Property is located along Red Bluff Road, the primary north-south corridor of Pasadena. The strategic location on has extended frontage access, creating high visibility for the 20,000+ vehicles that pass daily. The Property is easily accessible by either Red Bluff Road or Preston Road, both of which are major thoroughfares in Pasadena. This location is a dense in-fill area of Pasadena where an estimated 241,437 people live with an average household income of $57,911 within a five-mile radius of the Property. The City of Pasadena is located 14 miles east of the Houston Central Business District and has emerged as a hub for the petrochemical and manufacturing industries of Houston given its strategic location on to the Port of Houston. Pasadena is the second largest city in Harris County and is also in close proximity to the world-famous Texas Medical Center and NASA s Johnson Space Center. Pasadena s economy has strong connections to the energy sector, (including both upstream and downstream activities), as well as a significant presence in the refining industry. With close proximity to the Houston Ship Channel, the Port of Houston, and Galveston Bay, manufacturing and international trade also influence the city s economy. Other employment drivers in the local area include the medical, aerospace, and the maritime industries. The nearby Bayport Industrial District, one of the nation's largest chemical processing complexes, is vital to employment in Pasadena. High-tech businesses in the area related to the JSC have developed as well, and the opening of the Bayport shipping terminal is rapidly adding to the municipal economic base. Demographics 1 Mile Radius 3 Mile Radius 5 Mile Radius Population (2017) 30, , ,437 Projected Population (2022) 32, , ,379 Households (2017) 8,962 35,732 76,818 Estimated Average Household Income (2016) $50,291 $55,633 $63,490 Estimated Median Household Income (2016) $44,387 $47,179 $54,905 Owner-Occupied Median Home Value $71,372 $88,128 $119,127 Average Age

6