lakeline freestanding building · inform the client of any material information about the property...

This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600

Demographics 1 MILE 3 MILE 5 MILE

2016 Population 8,390 101,615 196,124Average HH Income $73,955 $99,452 $104,5642016 Households 3,414 40,336 77,891Year: 2016 | Source: Esri

OverviewAVAILABLE 9,484 SF

SITE 12701 RR 620 NAustin, TX 78750

LEASE RATE Call for Pricing

Traffic CountsN FM 620 & US 183 51,316 VPDTX Toll 183 & TX Toll 45 115,783 VPDYear: 2016 | Source: Esri

FOR SUBLEASE

Lakeline Freestanding BuildingAustin, TX

Nearby Retailers

Description• 2nd generation urgent care clinic available for Sublease• High traffic location across from Lakeline Mall.

ContactT.J. POWELL512.236.4605 | [email protected]

CARSON HAWLEY 512.236.4620 | [email protected]

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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Executive Summary12701 Ranch Rd 620 N | Austin, TX

Executive Summary12702 Ranch Road 620 N, Austin, Texas, 78750 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 30.46686

Longitude: -97.80407

1 mile 3 miles 5 milesPopulation

2000 Population 6,974 62,736 113,3312010 Population 7,236 89,571 169,5022016 Population 8,390 101,615 196,1242021 Population 9,517 114,305 221,9952000-2010 Annual Rate 0.37% 3.63% 4.11%2010-2016 Annual Rate 2.40% 2.04% 2.36%2016-2021 Annual Rate 2.55% 2.38% 2.51%2016 Male Population 49.4% 49.3% 49.3%2016 Female Population 50.6% 50.7% 50.7%2016 Median Age 35.6 35.4 35.3

In the identified area, the current year population is 196,124. In 2010, the Census count in the area was 169,502. The rate of change since 2010 was 2.36% annually. The five-year projection for the population in the area is 221,995 representing a change of 2.51% annually from 2016 to 2021. Currently, the population is 49.3% male and 50.7% female.

Median Age

The median age in this area is 35.6, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 74.1% 73.9% 74.2%2016 Black Alone 7.0% 4.9% 4.5%2016 American Indian/Alaska Native Alone 0.7% 0.5% 0.5%2016 Asian Alone 6.9% 12.4% 13.0%2016 Pacific Islander Alone 0.1% 0.1% 0.1%2016 Other Race 7.5% 4.3% 4.0%2016 Two or More Races 3.8% 3.9% 3.8%2016 Hispanic Origin (Any Race) 24.2% 17.2% 16.3%

Persons of Hispanic origin represent 16.3% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 58.6 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 2,656 23,037 42,6632010 Households 2,926 35,743 67,8692016 Total Households 3,414 40,336 77,8912021 Total Households 3,882 45,469 88,1462000-2010 Annual Rate 0.97% 4.49% 4.75%2010-2016 Annual Rate 2.50% 1.95% 2.23%2016-2021 Annual Rate 2.60% 2.42% 2.50%2016 Average Household Size 2.45 2.51 2.51

The household count in this area has changed from 67,869 in 2010 to 77,891 in the current year, a change of 2.23% annually. The five-year projection of households is 88,146, a change of 2.50% annually from the current year total. Average household size is currently 2.51, compared to 2.49 in the year 2010. The number of families in the current year is 49,515 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM

Executive Summary12702 Ranch Road 620 N, Austin, Texas, 78750 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 30.46686

Longitude: -97.80407

1 mile 3 miles 5 milesMedian Household Income

2016 Median Household Income $61,211 $77,277 $82,0412021 Median Household Income $71,465 $83,046 $89,0872016-2021 Annual Rate 3.15% 1.45% 1.66%

Average Household Income

2016 Average Household Income $73,955 $99,452 $104,5642021 Average Household Income $80,256 $105,763 $111,5132016-2021 Annual Rate 1.65% 1.24% 1.30%

Per Capita Income2016 Per Capita Income $30,178 $40,278 $41,6972021 Per Capita Income $32,866 $42,915 $44,4262016-2021 Annual Rate 1.72% 1.28% 1.28%

Households by IncomeCurrent median household income is $82,041 in the area, compared to $54,149 for all U.S. households. Median household income is projected to be $89,087 in five years, compared to $59,476 for all U.S. households

Current average household income is $104,564 in this area, compared to $77,008 for all U.S. households. Average household income is projected to be $111,513 in five years, compared to $84,021 for all U.S. households

Current per capita income is $41,697 in the area, compared to the U.S. per capita income of $29,472. The per capita income is projected to be $44,426 in five years, compared to $32,025 for all U.S. households Housing

2000 Total Housing Units 2,726 23,741 44,1982000 Owner Occupied Housing Units 1,475 15,774 28,4492000 Renter Occupied Housing Units 1,181 7,262 14,2142000 Vacant Housing Units 70 705 1,535

2010 Total Housing Units 3,376 37,964 71,9382010 Owner Occupied Housing Units 1,577 20,234 39,3812010 Renter Occupied Housing Units 1,349 15,509 28,4882010 Vacant Housing Units 450 2,221 4,069



Currently, 51.7% of the 81,864 housing units in the area are owner occupied; 43.4%, renter occupied; and 4.9% are vacant. Currently, in the U.S., 55.4% of the housing units in the area are owner occupied; 32.9% are renter occupied; and 11.7% are vacant. In 2010, there were 71,938 housing units in the area - 54.7% owner occupied, 39.6% renter occupied, and 5.7% vacant. The annual rate of change in housing units since 2010 is 5.91%. Median home value in the area is $254,152, compared to a median home value of $198,891 for the U.S. In five years, median value is projected to change by 0.12% annually to $255,735.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

April 10, 2017

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Executive Summary12701 Ranch Rd 620 N | Austin, TX

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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 the 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 an 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.govIABS 1-0

SRS Real Estate Partners LLC 9003586 [email protected] 512.236.4600

Licensed Broker/Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Will Majors 508128 [email protected] 512.236

Designated Broker of Firm License No. Email Phone

T.J. Powell 604495 [email protected] 512.236.4605

Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Carson Hawley 641709 [email protected] 512.236.4620

Sales Agent/Associate’s Name License No. Email Phone

Buyer Initials Tenant Initials Seller Initials Landlord Initials Date

Information About Brokerage ServicesTexas Real Estate Commission (11-2-2015)TR

EC

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