GARLAND TX LoopNet

Garland Tx Loopnet-PDF Download

  • Date:21 May 2020
  • Views:10
  • Downloads:0
  • Pages:15
  • Size:2.77 MB

Share Pdf : Garland Tx Loopnet

Download and Preview : Garland Tx Loopnet


Report CopyRight/DMCA Form For : Garland Tx Loopnet


Description:

Make your own website Squarespace s all in one platform is the simplest way to share your ideas online B F B V F M amp V P JP M q m b B 7 35 M F

Transcription:

PRICING FINANCIAL ANALYSIS CHASE BANK,FINANCIAL ANALYSIS. Chase Bank,561 W IH 30,Garland TX 75043,Offering Summary. Price 2 500 000,Cap Rate 6 25,Net Operating Income 156 275. PROPERTY DESCRIPTION,Year Built 2007,Gross Leasable Area 3 903 SF. Lot Size 0 60 Acres,Lease Summary Annualized Operating Data.
Lease Term 15 Years Year s Commencement Annual Increase. Lease Commencement 3 18 2008 1 5 3 18 2008 129 150. Lease Expiration 3 17 2023 6 10 3 18 2013 142 100 10 03. Remaining Term 5 Years 11 15 3 18 2018 156 275 9 98. Lease Type NN Option 1 16 20 3 18 2023 171 500 9 74. Roof Structure Landlord Option 2 21 25 3 18 2028 189 000 10 20. Increases Every 5 Years Option 3 26 30 3 18 2033 207 970 10 04. MARKET OVERVIEW,Options 3 x 5 Year Net Operating Income 156 275. Options to Purchase No, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. TENANT INFORMATION CHASE BANK,FINANCIAL ANALYSIS, JPMorgan Chase Bank N A doing business as Chase Bank is a. national bank that constitutes the consumer and commercial banking Company Summary. subsidiary of the multinational banking corporation JPMorgan Chase Company JPMorgan Chase Bank N A. In 2008 the bank acquired the deposits and most assets of Washington. Mutual Chase offers more than 5 100 branches and 16 100 ATM s Ownership Public. nationwide JPMorgan Chase has 265 359 employees as of 2014 and Rating A. operates in more than 100 countries JPMorgan Chase currently has. Agency Standard Poor s,PROPERTY DESCRIPTION, assets of approximately US 2 6 trillion JPMorgan Chase through its. Chase subsidiary is one of the Big Four banks of the United States Ticker Symbol JPM. Exchange NYSE,Market Cap 388 57 Billion,Sales Volume 95 2 Billion.
Number of Locations 5 100,Years In Business 217 Years. Headquarters Chicago IL,Website www chase com,MARKET OVERVIEW. This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. INVESTMENT HIGHLIGHTS CHASE BANK,Pad to a Walmart Supercenter. FINANCIAL ANALYSIS,Corporately Guaranteed By JP Morgan Chase Bank. NYSE JPM an A Rated Company with Market,Cap of 380 Billion.
Located on Interstate 30 in Garland TX Less,Than 15 Miles From Downtown Dallas. 5 Years Remaining on a NN Fee Simple Lease,Minimal Landlord Responsibility with Ability to. Depreciate the Asset,PROPERTY DESCRIPTION,2018 Deposits are Over 44 Million Bank Deposits. Have Increased over 144 in Last 5 Years,Surrounding Retailers Include Walmart. Supercenter Kroger Northern Tools Equipment,IHOP Chili s McDonald s Walgreens Starbucks.
and Many Others,JP Morgan Chase s Stock Price Has Doubled in. Last 2 Years,MARKET OVERVIEW,5 Mile Population 261 365 People 5 71 Growth. in Last Several Years,Traffic Counts I 30 Exceed 138 000 Vehicles Per. Day 39 250 Vehicles Per Day on Broadway Blvd, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. m B v p 128 45 p mp mp 14,p 12 m f b b, INVESTMENT HIGHLIGHTS J ff x J ff x B m CHASE BANK.
P b 12 41 PM 16 J 2018 p 2 54 PM 16 J 2018,FINANCIAL ANALYSIS. PROPERTY DESCRIPTION,7 35 M F 12 J 2018 03 17, A good start to the year is only going to get better for J P Morgan Chase according b f J P M. Banks are being seen as big beneficiaries of the tax cuts Congress enacted in December. to veteran banking analyst Dick Bove v b B v, In its earnings presentation J P Morgan said its effective tax rate would be 19 percent. In the wake of fourth quarter earnings that beat Wall Street expectations despite a compared with 35 percent prior That in itself should provide the bank with a nice cushion. weak trading environment and a write down from tax reform legislation Bove of the f f q b. even though it had to take a 2 4 billion charge for 2017 because of the tax legislation. Vertical Group said the largest U S bank is poised for big gains ahead. xp p v m Happen, In his note to clients Bove reiterated his view that Q4 numbers were not impressive. In fact he raised its price target to 128 45 a level that suggests a 14 percent gain f m x f m B v f V p. However he still holds a positive outlook due to the bank s ability to negotiate a number Blue Apr. from Friday s close of obstacles, My view of this company is that it is probably the best bank I have ever followed in 5 Whether investors look at reported numbers as I do or managed numbers quarter over.
decades of analyzing companies Bove told clients in a note f p 128 45 v 14. quarter revenues were down and expenses were up he wrote Admittedly one time. events impacted the numbers but the biggest impact was in the tax adjustment not the EverQuo. He is keeping his buy rating on J P Morgan as the stock already has gained more. operating numbers,MARKET OVERVIEW, than 5 percent in the new year The company last week posted quarterly earnings of. 1 76 a share on revenue of 25 45 billion both well ahead of consensus estimates While other bank stocks have underperformed J P Morgan s return of about 60 percent. M v f mp p b b b b v v, over the past two years has about doubled the S P 500 Surpris. Though Bove himself in a CNBC interview called the results mediocre he sees f 5 f mp B v The Easy. the environment overall for banks as highly conducive to large profits and sold gains. An assessment of JPMorgan Chase in recent years indicates that this management. for share prices has been wrestling with a hostile environment and yet it has been able to maintain its. stability Bove said The stock price is indicating that this environment is about to change. It appears that in 2018 the banking industry and JP Morgan Chase will enter a new p b J P M. meaningfully in a very favorable direction, financial world which will provide this company with further opportunities to grow m 5 p mp. he said In the new era it is very possible that the valuation of JP Morgan and its. industry will expand a process that is already well underway p q f 1 76 v f 25 45 b. This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example 5. https www cnbc com 2018 01 16 analyst dick bove jp morgan the best bank i have ever followed html. purposes only and do not represent the current or future performance of the property 2017 STRIVE. SITE PLAN CHASE BANK,FINANCIAL ANALYSIS,PROPERTY DESCRIPTION. MARKET OVERVIEW, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References.
to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. AERIAL MAP CHASE BANK,FINANCIAL ANALYSIS,BROADWAY BLVD. PROPERTY DESCRIPTION,MARKET OVERVIEW, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. LOCAL MAP CHASE BANK,FINANCIAL ANALYSIS,PROPERTY DESCRIPTION. MARKET OVERVIEW, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. REGIONAL MAP CHASE BANK,FINANCIAL ANALYSIS,PROPERTY DESCRIPTION.
MARKET OVERVIEW, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. MARKET SUMMARY CHASE BANK,FINANCIAL ANALYSIS,PROPERTY DESCRIPTION. Dallas encompasses half of the Dallas Fort Worth latest rankings released in 2013 Dallas was rated. Metroplex and is the third largest city in Texas as a beta plus world city by the Globalization. and the ninth largest city in the United States and World Cities Study Group Network Dallas. Dallas is home to the third largest concentration is also ranked 14th in world rankings of GDP by. of Fortune 500 companies in the country and is the Organization for Economic Co operation and. the largest economic center of the Dallas Fort Development The Dallas Fort Worth Metroplex. Worth metropolitan area The Metroplex has strong has one of the largest concentrations of corporate. submarket occupancy rates is home to more headquarters for publicly traded companies in the. shopping centers per capita and has one of the United States The city of Dallas has 12 Fortune 500. largest concentrations of corporate headquarters companies and the DFW region as a whole has 20. for publicly traded companies in the United States. Dallas is the best ranked city on the Regulatory, The city is the largest economic center of the Climate Index thanks to its efficient local regulations. MARKET OVERVIEW, 12 county Dallas Fort Worth Arlington metropolitan Entrepreneurs and small businesses can expect a. area which had a population of 6 810 913 people as welcoming business environment across all five. of July 1 2013 The metropolitan economy is the areas of local regulation Dallas scores above average. sixth largest in the United States with a 2012 real across each meaningful measure of an interaction. GDP of 420 34 billion In 2013 the metropolitan that a business has with a local government. area led the nation with the largest year over year agency through procedure time and cost These. increase in employment and advanced to become rankings reflect the city s continuing efforts to. the fourth largest employment center in the nation develop programs and initiatives to strengthen the. behind New York City Los Angeles and Chicago business environment provide access to capital and. with more than three million non farm jobs In the encourage economic growth at the local level. This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. DEMOGRAPHIC STATISTICS CHASE BANK,FINANCIAL ANALYSIS.
Radius 1 Mile 3 Mile 5 Mile,Population,2022 Projection 14 847 108 411 275 225. 2017 Estimate 14 120 102 782 261 365,2010 Census 13 474 96 294 247 252. Growth 2017 2022 5 15 5 48 5 30,Growth 2010 2017 4 79 6 74 5 71. 2017 Population Hispanic Origin 3 858 31 760 107 548. 2017 Population by Race,White 9 140 68 736 190 013. Black 3 536 22 809 48 327,Am Indian Alaskan 124 1 206 3 400.
Asian 986 7 716 14 028,PROPERTY DESCRIPTION,Hawaiian Pacific Island 6 90 313. Other 327 2 225 5 282,U S Armed Forces 5 36 36,Households. 2022 Projection 6 000 40 081 95 228,2017 Estimate 5 708 37 975 90 381. 2010 Census 5 460 35 472 85 295,Growth 2017 2022 5 12 5 55 5 36. Growth 2010 2017 4 54 7 06 5 96,Owner Occupied 2 409 21 216 52 767.
Renter Occupied 3 299 16 759 37 614,2017 Avg Household Income 59 830 70 934 65 251. 2017 Med Household Income 49 242 56 840 49 876,2017 Households by Household Inc. 25 000 1 076 6 366 18 594,MARKET OVERVIEW,25 000 50 000 1 836 10 587 26 726. 50 000 75 000 1 357 7 846 17 594,75 000 100 000 777 5 646 11 612. 100 000 125 000 227 2 995 6 750,125 000 150 000 194 1 613 3 182.
150 000 200 000 177 1 887 3 952,200 000 64 1 036 1 971. Demographic data CoStar 2017, This information has been secured from sources we believe to be reliable but we make no representations or warranties expressed or implied as to the accuracy of the information References. to square footage or age are approximate Buyer must verify the information and bears all risk for any inaccuracies Any projections opinions assumptions or estimates used herein are for example. purposes only and do not represent the current or future performance of the property 2017 STRIVE. 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 STRIVE and it should not be made. available to any other person or entity without the written consent of STRIVE 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 STRIVE. 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 STRIVE 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 STRIVE has not verified and will not verify any of the information. contained herein nor has STRIVE 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. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY PLEASE CONTACT STRIVE AGENT. FOR MORE DETAILS,Net Lease Disclaimer, STRIVE hereby advises all prospective purchasers of Net Leased property as follows. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable However STRIVE has. not and will not verify any of this information nor has STRIVE conducted any investigation regarding these matters STRIVE makes no. guarantee warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a net leased property it is the Buyer s responsibility to independently confirm the accuracy and completeness of all. material information before completing any purchase This Marketing Brochure is not a substitute for your thorough due diligence. investigation of this investment opportunity STRIVE expressly denies any obligation to conduct a due diligence examination of this. Property for Buyer, Any projections opinions assumptions or estimates used in this Marketing Brochure are for example only and do not represent the.
current or future performance of this property The value of a net leased property to you depends on factors that should be evaluated by. you and your tax financial and legal advisors Buyer and Buyer s tax financial legal and construction advisors should conduct a careful. independent investigation of any net leased property to determine to your satisfaction with the suitability of the property for your needs. Like all real estate investments this investment carries significant risks Buyer and Buyer s legal and financial advisors must request and. carefully review all legal and financial documents related to the property and tenant While the tenant s past performance at this or other. locations is an important consideration it is not a guarantee of future success Similarly the lease rate for some properties including. newly constructed facilities or newly acquired locations may be set based on a tenant s projected sales with little or no record of actual. performance or comparable rents for the area Returns are not guaranteed the tenant and any guarantors may fail to pay the lease. rent or property taxes or may fail to comply with other material terms of the lease cash flow may be interrupted in part or in whole. due to market economic environmental or other conditions Regardless of tenant history and lease guarantees Buyer is responsible. for conducting his her own investigation of all matters affecting the intrinsic value of the property and the value of any long term lease. including the likelihood of locating a replacement tenant if the current tenant should default or abandon the property and the lease terms. that Buyer may be able to negotiate with a potential replacement tenant considering the location of the property and Buyer s legal ability. to make alternate use of the property, By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim cost. expense or liability arising out of your investigation and or purchase of this net leased property. Information About Brokerage Services, Texas law requires all real estate license holders to give the following information about brokerage services to. prospective buyers tenants sellers and landlords,TYPES OF REAL ESTATE LICENSE HOLDERS. A BROKER is responsible for all brokerage activities 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 information about the property or transaction received by the broker. Answer the client s questions and present any offer to or counter offer from the client and. Treat all parties to a real estate transaction 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 written listing to sell or property management agreement An owner s agent must perform the broker s minimum. duties above and must inform the owner of any material information about the property or transaction known by the agent including. information 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 written. representation agreement A buyer s agent must perform the broker s minimum duties above and must inform the buyer of any material information. about the property or transaction known by the agent including information disclosed to the agent by th e seller or seller s agent. AS AGENT FOR BOTH INTERMEDIARY To act as an intermediary between the parties the broker must first obtain the written agreement of each. party to the transaction The written agreement must state who will pay the broker and in conspicuous bold or underlined print set forth the broker s. obligations as an intermediary A broker who acts as an intermediary. Must treat all parties to the transaction impartially and fairly. May with the parties written consent appoint a different license holder associated with the broker to each party owner and. buyer to communicate with provide opinions and advice to and carry out the instructions of each party to the transaction. Must not unless specifically authorized in writing to do so by the party disclose. that the owner will accept a price less than the written asking price. that the buyer tenant will pay a price greater than the price submitted in a written offer and. any confidential information or any other information that a party specifically instructs the broker in writing 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 transaction 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 first. TO AVOID DISPUTES ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH. The broker s duties and responsibilities to you and your obligations under the representation 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 notice is being provided for information purposes It does not create an obligation for you to. use the broker s services Please acknowledge receipt of this notice below and retain a copy for your records. Regulated by the Texas Real Estate Commission Information available at www trec texas gov.

Related Books