Former Gene Messer Chevrolet Lot | Lubbock, TX For Sale | $3,600,000 Offering Highlights C-4 Zoning High Traffic Counts Wes Hallmark, CCIM Senior Investment Advisor 806.797.2190 x 202 hallmarkw@svn.com Property works for variety of uses Property (main area) is vacant but used car space is still being utilized www.svn.com Former Gene Messer Chevrolet Lot Disclaimer | Confidentiality The material contained in this Investment Offering Brochure is furnished solely for the purpose of considering the purchase of the property within and is not to be used for any other purpose. This information should not, under any circumstances, be photocopied or disclosed to any third party without the written consent of Sperry Van Ness or Owner, or used for any purpose whatsoever other than to evaluate the possible purchase of the Property. The only party authorized to represent the Property Owner (“Owner”) in connection with the sale of the Property is the Sperry Van Ness Advisor listed in this proposal, and no other person is authorized by the Owner to provide any information or to make any representations other than contained in this Investment Offering Brochure. If the person receiving these materials does not choose to pursue a purchase of the Property, this Offering Brochure must be returned to Sperry Van Ness. Neither the Sperry Van Ness Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy or completeness of the information contained herein, and nothing contained herein is or shall be relied upon as a promise or representation as to the future performance of the Property. This Offering Brochure may include certain statements and estimates by Sperry Van Ness with respect to the projected future performance of the Property. These Assumptions may or may not be proven to be correct, and there can be no assurance that such estimates will be achieved. Further, the Sperry Van Ness Advisor and the Owner disclaim any and all liability for representations or warranties, expressed or implied, contained in or omitted from this Investment Offering Brochure, or any other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled to rely solely on those representations and warranties that may be made to it in any final, fully executed and delivered Real Estate Purchase Agreement between it and Owner. The information contained herein is subject to change without notice and the recipient of these materials shall not look to Owner or the Sperry Van Ness Advisor, nor any of their officers, employees, representatives, independent contractors or affiliates, for the accuracy or completeness thereof. Recipients of this Investment Offering Brochure are advised and encouraged to conduct their own comprehensive review and analysis of the Property. This Investment Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expressly reserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property and expressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any time with or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the Investment Offering Brochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed Real Estate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, a prospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and the Sperry Van Ness Advisor from any liability with respect thereto. To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchaser should not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate Purchase Agreement shall bind the property and each prospective purchaser proceeds at its own risk. All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 2 Former Gene Messer Chevrolet Lot All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Disclaimer www.svn.com 3 Former Gene Messer Chevrolet Lot 3907 Avenue Q | Lubbock, TX 79412 Property Overview For Sale | $3,600,000 Physical Description Property Name: Former Gene Messer Chevrolet Lot Property Type: Retail Building Sq Ft: 97,954 Building Class: B Zoning: C-4 Construction Year Built: Number of Stories: Exterior: Parking Surface: 1961 1 Main building is concrete block framing. All other buildings are structural steel. Paved, handicap available Description Subject property was previously used as an automobile sales / service facility. Includes main showroom ( now vacant ) , used car office ( still being utilized). Located on Avenue Q in Lubbock, TX where traffic counts are high for to/from traffic in downtown Lubbock. Improvements / renovations were completed throughout and up to 2003 including, but not limited too, paint and flooring. All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 4 Former Gene Messer Chevrolet Lot All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Additional Photos www.svn.com 5 Former Gene Messer Chevrolet Lot All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Additional Photos www.svn.com 6 Former Gene Messer Chevrolet Lot All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Site Plan www.svn.com 7 Former Gene Messer Chevrolet Lot All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. Location Maps www.svn.com 8 Former Gene Messer Chevrolet Lot Demographics Report 3907 Avenue Q | Lubbock, TX 79412 1 Mile Total Population Total Number of Households Total Number of Persons per Household Demographics Analysis 3 Miles 5 Miles 12,868 81,417 172,506 4,655 31,149 65,670 2.8 2.6 2.6 Average House Value $76,840 $124,502 $142,447 Average Household Income $36,148 $43,968 $52,169 Median Age - Male 28.7 26.9 29.5 28.2 31.0 29.8 Median Age - Female 29.7 31.0 32.4 9,033 70.2% 61,222 75.2% 129,035 74.8% 1,295 10.1% 6,774 8.3% 16,708 9.7% 32 0.2% 1,149 1.4% 3,269 1.9% 27 0.2% 169 0.2% 182 0.1% 135 1.0% 638 0.8% 1,077 0.6% 1,959 15.2% 9,257 11.4% 17,454 10.1% 8,234 64.0% 33,766 41.5% 59,833 34.7% Median Age Total Population - White Total Percent - White Total Population - Black Total Percent - Black Total Population - Asian Total Percent - Asian Total Population - Hawaiian Total Percent - Hawaiian Total Population - Indian Total Percent - Indian Total Population - Other Total Percent - Other Total Population - Hispanic Total Percent - Hispanic * Demographic information provided by BuildOut, LLC All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 9 Former Gene Messer Chevrolet Lot Demographics Analysis Radius Map 3907 Avenue Q | Lubbock, TX 79412 Total Population Total Number of Households Average Household Income Median Age 1 Mile 3 Miles 5 Miles 12,868 81,417 172,506 4,655 31,149 65,670 $36,148 $43,968 $52,169 28.7 29.5 31.0 * Demographic information provided by BuildOut, LLC All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 10 Former Gene Messer Chevrolet Lot 1 Advisor Bio & Contact All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 11 Former Gene Messer Chevrolet Lot Advisor Bio & Contact Wes Hallmark, CCIM Senior Investment Advisor Sperry Van Ness / Hallmark & Associates W.Wesley Hallmark, CCIM serves as a Senior Associate for Sperry Van Ness. Specializing in the management, leasing and brokerage of office, retail and income producing properties in West Texas. He serves the Lubbock, Amarillo, Midland/ Odessa and Abilene markets. With over 32 years of experience, Hallmark has completed over 1,500 commercial real estate sales and leasing transactions, valued at over $250 million. With an extensive background in commercial real estate, Hallmark is the founder and owner of Hallmark & Associates, Inc., a Sperry Van Ness affiliate. Some of Hallmark's major accomplishments include the completion of a $55 million tenant representation deal for SW Bell wireless (AT & T). This transaction involved securing a 230,000 square foot call center in Lubbock, Texas, which created over 1600 new jobs for the city. Hallmark's major clients have included Wes Hallmark, CCIM Senior Investment Advisor Phone: 806.797.2190 x 202 General Motors, Federal Express, Owens Corning Fiberglass, Travelers Insurance, Bank of America, Wells Fargo Bank, Cox Communications, Gateway Computer, the U.S. Government, State of Texas and City of Lubbock, to name a few. Fax: 806.797.4160 Email: hallmarkw@svn.com Address: 8008 Slide Rd., #1 Lubbock, TX 79424 Hallmark has consistently stayed active within the Lubbock community and the commercial real estate industry. Hallmark is involved with the Lubbock Board of Realtors, North Texas Commercial Association of Realtors, the Texas Association of Realtors, the National Association of Realtors (NAR) and the CCIM Institute. He also served The Lubbock Housing Finance Corporation, an issuer of tax-exempt mortgage revenue bonds for the City of Lubbock. Hallmark held not only the Director position in the corporation, but every officer level position within the corporation as well. Hallmark received his bachelor's degree in Advertising and Marketing from Texas Tech University. All Sperry Van Ness® Offices Independently Owned & Operated. The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness. www.svn.com 12 Presented by | Wes Hallmark, CCIM Senior Investment Advisor 806.797.2190 x 202 hallmarkw@svn.com All Sperry Van Ness® Offices Independently Owned & Operated. | © 2011 All rights reserved. | www.svn.com
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