investment offering memorandum 310 n main st. …

[email protected] WORTH, TEXAS

CONTACT INFORMATION:

JAMES BLAKE, CCIMMANAGING DIRECTOR

INVESTMENT OFFERING MEMORANDUM 310 N MAIN ST. WEATHERFORD, TX 76086

CONTENTS#4 OFFERING SUMMARY

#5

#6

#8

#12

#13

#14

#15

SITE PLAN

PROPERTY DETALS

ADDITIONAL PHOTOS

LOCATION DETAILS

LOCATION OVERVIEW

LOCATION MAP

RETAILER MAP

#17 DEMOGRAPHICS

#19 ADVISOR BO

INVESTMENT SUMMARY

SVN I Trinity Advisors is pleased to announce the exclusive listing ofthis 10,188 square foot Historic Building located in Weatherford,Texas. This would be a great opportunity for mixed use office/ retail/upstairs residential/ restaurant bar with outdoor courtyard. Thisspace has the accommodations for a spacious bar, large kitchen,dining areas, and stage area for entertainment.

This historic building is located less than 0.5 miles from theWeatherford Town Square, directly off of Main St. Weatherford islocated at the intersections of U.S. Highways 180 and 80,approximately 30 miles west of the City of Fort Worth andapproximately 60 miles west of the City of Dallas. Interstate 20 runsalong the City's southern boundary and provides for major access toFort Worth and Dallas.

SALE PRICE: $1,200,000

BUILDING SIZE: 10,188 SF

LOT SIZE: 0.55 ACRES

PRICE / SF: $117.79

YEAR BUILT: 1890

ZONING: RETAIL

MARKET: PARKER COUNTY

SUBMARKET: NORTH MAIN STREET

OFFERING SUMMARY

4310 N MAIN ST. WEATHERFORD, TX 76086

SITE PLAN


PROPERTY DETAILS

S T R E E T A D D R E S S 3 1 0 N M a i n S t .

W e a t h e r f o r d , T X 7 6 0 8 6

P a r k e r

P a r k e r C o u n t y

N o r t h M a i n S t r e e t

N o

C I T Y, S TAT E , Z I P

C O U N T Y

M A R K E T

S U B - M A R K E T

S I G N A L I N T E R S E C T I O N

B U I L D I N G C L A S S C

N U M B E R O F F L O O R S 1

1 8 9 0

N o

Y E A R B U I LT

F R E E S TA N D I N G

BUILDING INFORMATION

PROPERTY HIGHLIGHTS

• Streetfront Retail/Restaurant/Office Property

• Less than 0.5 miles from Town Square/Courthouse Located in the Historic

District

• Main: 14,651 VPD | Palo Pinto: 15,093 VPD (TXDOT 2019)

• Situated North of the Courthouse

• Located in Weatherford, TX o Main (171) & Palo Pinto/Fort Worth Hwy (180).

• Formerly Feed Store

• The North Central Texas Council of Governments (NCTCOG) estimates the

total population in the City of Weatherford, Texas to be 28,090 as of January

1, 2019.


ADDITIONAL PHOTOS

LOCATION OVERVIEW


LOCATION DETAILS

LOCATION DESCRIPTION

This historic building is located less than 0.5 miles from the WeatherfordTown Square, directly off of Main St. Weatherford is located at theintersections of U.S. Highways 180 and 80, approximately 30 miles westof the City of Fort Worth and approximately 60 miles west of the City ofDallas. Interstate 20 runs along the City's southern boundary andprovides for major access to Fort Worth and Dallas.

WEATHERFORD TODAY• Weatherford is situated such that it has maintained an independent

identity from the Dallas Fort Worth Metroplex yet its close proximityto this major urban area has had a direct effect. Residents findthemselves able to achieve a rural lifestyle without sacrificing theconveniences and labor market of a major metropolitan area. ManyWeatherford residents commute into the Metroplex to work.

• Much of the City's commercial and industrial growth is directlyattributable to its relative location to the Metroplex. The City's majorcommercial and industrial employers find Weatherford attractive sinceit offers the advantages of convenient access to the region's majortransportation and shipping infrastructure without the disadvantagesrelated to physically locating within a major urban area.

• Historically, the Dallas/Fort Worth Metroplex has enjoyed anextremely low unemployment rate. It has also enjoyed the growth of adiverse economic base. The outward growth of Dallas/Fort Worth willimpact the transition of Weatherford from its farming and ranchingroots to increased urban residential, commercial, and industrialdevelopment.

• Walmart Supercenter

• The Home Depot

• Rio Mambo

• Target

• ALDI

• Tractor Supply Co.

• Hobby Lobby

• Taco Bell

• Raising Cane’s

• KFC

• Panda Express

SITE ADDRESS310 N Main St. Weatherford, TX 76086

PROPERTY OVERVIEWThis historic building offers great potential for restaurant & bar use with a spacious outdoor patio or area for outdoor entertainment. The far side of the building could be used for office or retail space. The property lot has ample room for a parking accommodations and additional street parking.

SURROUNDING RETAILERS

• Arby’s

• Sonic Drive-In

• El Fenix

• McAlister's Deli

• Olive Garden

• Big Lot’s

• Fuzzy's Taco Shop

• T.J. Maxx

• Raising Cane’s

• Five Below

• Albertsons

• Northside Remedy

• Downtown Cantina

• Antebellum Ale House

• Antebellum Ale House

• FINS Patio Bar & Grill

• Boiling Cajun Shrimp

• Blind Horse Saloon

• Sake Asian Cuisine Sushi & Bar

• Whistle Hill's Downtown Cafe

• Bed Bath & Beyond

• Ironworks coffee


LOCATION OVERVIEW

LOCATION MAP


RETAILER MAP


DEMOGRAPHICS

DEMOGRAPHIC SUMMARY

BUSINESS

INCOME

EMPLOYMENT

27,122POPULATION

1,657TOTAL BUSINESSES

17,583TOTAL EMPLOYEES

$57,208Median Household

Income

AVG. HOUSEHOLD SIZE

MEDIANAGE

2.5

37.7

8.8%

UNEMPLOYMENT RATE

$57,208Median Household

Income

$29,224Per Capita

Income

$70,114Median

Net Worth

33%High School

Graduate

35%Some

College

19%Bachelo/Grad/ ProfDegree

12%

No High School

Diploma

59%

27%

14%

WHITE COLLAR

BLUE COLLAR

SERVICES

Variables 1 Mile 3 Miles 5 miles2020 Population 7,167 27,122 40,079

2020 Household Population

2,674 10,470 15,195

2020 Family Population

1,630 6,747 10,427

2025 Total Population

7,368 28,715 42,425


ADVISOR BIO

TX #340987

PROFESSIONAL BACKGROUNDJames Blake, CCIM serves as Senior Advisor for SVN | Trinity Advisors, specializing in multi-tenant retail shopping centers, freestanding single tenant retail buildings and industrial properties.With more than 30 years of Dallas/Fort Worth commercial real estate market experience, Blake has combined sales and leases in excess of $510 million. While Blake's shopping center andindustrial clients are all across the United States, his focus is retail and industrial income producing properties in the Dallas/Fort Worth metroplex area.

Blake began his commercial real estate career in 1985 with the Henry S. Miller Company. Blake teamed up with Fidelity Asset Management (FAM), a local commercial real estate assetmanagement company, for six years. FAM focused on bank owned real estate and government owned real estate (FDIC, RTC). The company was responsible for management, leasing anddisposition of assets. Blake also served as president of Butler Commercial Realty assisting local industrial and retail buyers and sellers for eight years. In 2013 James Blake was namedCharles D. Tandy Commercial Realtor of the Year.

As an involved commercial real estate Advisor, Blake has served as region three representative for the Texas Association of Realtors Commercial Investment Division. He has also served aschairman of the Society of Commercial Realtors in Fort Worth, Texas. In addition, Blake is an active member of the community serving on several civic boards.Blake holds a CertifiedCommercial Investment Member (CCIM) designation and has earned a bachelor's degree in real estate finance from Texas Tech University, Lubbock, Texas.

JAMES BLAKE, CCI M

Managing Director

[email protected]: 817.288.5508

SVN | Trinity Advisors 3000 Race Street, Suite 100

Fort Worth, TX 76111 817.288.5525


mailto:[email protected]

JAMES BLAKE, CCIMPhone: 817.288.5508Email: [email protected]

SVN I TRINITY ADVISORS

3000 Race Street, Suite 100 Fort

Worth, TX 76111

mailto:[email protected]

investment offering memorandum 310 n main st. …

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