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
[email protected]
Property works for variety of uses
Property (main area) is vacant but used car space is still
being utilized
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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.
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Former Gene Messer Chevrolet Lot
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
Disclaimer
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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.
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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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
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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
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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
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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
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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.
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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
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The information listed above has been obtained from sources we believe to be reliable, however, we accept no responsibility for its correctness.
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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: [email protected]
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.
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Presented by |
Wes Hallmark, CCIM
Senior Investment Advisor
806.797.2190 x 202
[email protected]
All Sperry Van Ness® Offices Independently Owned & Operated. | © 2011 All rights reserved. | www.svn.com