WE ARE EXCITED TO ANNOUNCE THE MERGER OF
PIERSON RETAIL ADVISORS & THE VITORINO GROUP
Pierson Retail Advisors and the Vitorino Group announce they have entered into a definitive agreement to merge and combine their operations. Together, Pierson and Vitorino have sold nearly $3 billion in commercial real estate. The new firm will be called Strive.
Wireless Mission LP is one of the largest authorized retailers with 347 locations nationwide.
AT&T Inc. is an American multinational telecommunications conglomerate, headquartered at Whitacre Tower in downtown Dallas, Texas. AT&T is the second largest provider of mobile telephone services and the largest provider of fixed telephone services in the United States, and also provides broadband subscription television services through DirecTV.
Arete Urgent Care, PLLC DBA Schertz Cibolo Emergency Clinic is a fullservice, emergency center facility offering diagnosis and medical treatment to individuals and families of all ages. Arete Urgent Care has 7 locations in San Antonio, Floresville and Midlothian under various names, with two locations opening soon.
Urgent Care, PLLC
7+
• Two-Tenant Strip Located in Northeast San Antonio Area of Schertz
• NNN Leases with Built-in Escalations
• Solid Tenant Line-up - Recognizable National Brand and Growing Health Care/Emergency Room
• Dense Retail Area of Northeast San Antonio
• New 2015 Quality Construction
• Located Just Off I-35 - Northeast Gateway to Austin and one of the Fastest Growing U.S. Corridors
• Surrounding Major Retailers Include H-E-B Plus Grocery Store, AutoZone, Lowe’s Home Improvement, McDonald’s and Walmart Supercenter Among Many Others
• Tremendous Growth Area - Population has Increased by Over 101% Since 2000
• Average Household Income within a 1-Mile Radius is Nearly 1.4x the National Average
• Traffic Counts Along FM 3009 Exceed 25,700 Vehicles per Day and Exceed 152,000 Vehicles per Day Along I-35
SAN ANTONIO, TX
San Antonio (Spanish for “Saint Anthony”), officially the City of San Antonio, is the seventh most populated city in the United States of America and the second most populated city in the state of Texas, with a population of 1,409,019. It was the fastest growing of the top 10 largest cities in the United States from 2000 to 2010, and the second from 1990 to 2000. The city is located in the American Southwest, the south–central part of Texas, and the southwestern corner of an urban region known as the Texas Triangle.
The city has characteristics of other western urban centers in which there are sparsely populated areas and a low density rate outside of the city limits. San Antonio is the center of the San Antonio–New Braunfels Metropolitan Statistical Area. Commonly referred to as Greater San Antonio, the metropolitan area has a population of over 2.27 million based on the 2013 US Census estimate, making it the 25th-
largest metropolitan area in the United States and third-largest in the state of Texas. Growth along the Interstate 35 and Interstate 10 corridors to the north, west and east make it likely that the metropolitan area will continue to expand.
The US armed forces have numerous facilities in San Antonio: Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base (which constitute Joint Base San Antonio), and Lackland AFB/Kelly Field Annex, with Camp Bullis and Camp Stanley located outside the city. Kelly Air Force Base operated out of San Antonio until 2001, when the airfield was transferred to Lackland AFB. The remaining portions of the base were developed as Port San Antonio, an industrial/business park. San Antonio is home to six Fortune 500 companies and the South Texas Medical Center, the only medical research and care provider in the South Texas region.
Geography: 5 miles
PoPulation
In the identified area, the 2016 population was 104,691. The rate of change since 2000 was 101.83%. The five-year projection for the population in the area was 118,651 representing a change of 13.34% from 2016 to 2021. The 2016 population was 48.7% male and 51.3% female. The median age in this area was 36.0, compared to the U.S. median age of 38.0.
HouseHolds
In 2016, there were 37,871 households in your selected georgraphy. The number of households has changed by 99.44% since 2000. It was estimated that the number of households in your area will be 42,589 five years from 2016, which represents a change of 12.46% from 2016. The average household size in your area was 2.75 persons.
In 2016, the median household income for your selected geography was $76,571, compare this to the entire U.S. average, which is currently $54,149. It is estimated that the median household income in your area will be $82,841 five years from 2016, which represents a change of 8.19% from 2016.
In 2016, per capita income in your area was $32,101, compared to the entire U.S. average, which was $29,472. The 2016 year average household income in your area was $88,499, compare this to the entire U.S. average, which was $77,008.
Race and etHnicity
The 2016 year racial makeup of your selected area was as follows: 75.1% White, 12.5% Black, 0.4% Native American and 3.2% Asian/Pacific Islander. Compare these to the entire U.S. averages which were: 71.60% White, 12.70% Black, 0.18% Native American and 5.02% Asian/Pacific Islander.
People of Hispanic origin are counted independently of race. People of Hispanic origin made up 31.3% of the 2016 population in your selected area. Compare this to the entire U.S. average which was 17.9%.
Housing
In 2016, there were 26,196 owner occupied housing units in your area and there were 11,675 renter occupied housing units in your area. Median home value in the area was $192,726, compared to a median home value of $198,891 for the U.S.
emPloyment
In 2016, there are 96,079 employees in your selected area, this is also known as the daytime population. in 2016, 69.0% of employees were employed in white-collar occupations in this geography, and 14.8% were employed in blue-collar occupations. In 2016, unemployment in this area was 3.9%.
Demographic data © 2016 esri
CONFIDENTIALITY AGREEMENT
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Vitorino Group and Pierson Retail Advisors and it should not be made available to any other person or entity without the written consent of Vitorino Group and Pierson Retail Advisors. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to Vitorino Group and Pierson Retail Advisors.
This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Vitorino Group and Pierson Retail Advisors has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, Vitorino Group and Pierson Retail Advisors has not verified, and will not verify, any of the information contained herein, nor has Vitorino Group and Pierson Retail Advisors conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT THE VITORINO GROUP AND PIERSON RETAIL ADVISORS AGENT FOR MORE DETAILS.