At 11+ acres, it is the largest commercial tract available in the city limits. Owner will consider selling parcels or a ground lease, 14 retail opportunities identified within 3 miles where current demand exceeds current supply by an average of $1.1 million in annual revenues : Wrapping around the corner of TX 71 and TX 159, it is located on the first major westbound highway intersection in La Grange.

Within 1 mile radius, annual household income growth through 2011 is projected to be 26.33% faster than from 2000-2006 Within a 2 mile radius, annual consumer spending is projected to grow 5.13% per yearWithin a 3 mile radius, 48.23% of all households have an annual income in excess of $50,00:

About  La Grange, Tx 

PROPERTY

Outstanding immediate retail and commercial opportunities. In city limits with city utilities.

Retail gap analysis of the 3-mile radius identified 14 opportunities where current demand exceeds current supply by an average of $1.1 million in annual revenues. This immediate demand combined with a unique blend of features make this tract a compelling opportunity.

It is development ready. At 11+ acres, it can easily support a diverse plan combining commercial and retail enterprises. It is the largest commercial tract available in vicinity with frontage on two highways. It presents outstanding visibility and easy access. Owner will consider selling in parcels or consider a ground lease.

LOCATION

Wrapping around the corner of TX 71 and TX 159, it is located on the first major westbound highway intersection in La Grange.

The property is perfectly located for travelers between Austin and Houston. TX 71 is the primary corridor between them and the property is about 69 minutes from Austin and about 82 minutes from Houston.

Average 2-way traffic volume estimated at 13,000 with continued growth expected.

CONTACT INFORMATION

Coldwell Banker Commercial Southwest Partners at 979.421.9996.  Ask for Jorge Verar for details and more information

KEY DEMOGRAPHICS AND ECONOMETRICS

Within 1-mile radius:

(1) Accelerating income growth

Annual household income growth through 2011 is projected to be 26.33% faster than from 2000-2006

(2) High average household income

Average household income is 9.13% higher than the average in the City of La Grange

Within 2-mile radius:

(1) Fast growing consumer economy

Annual consumer spending is projected to grow 5.13% per year

(2) Growing economy

Effective buying income is projected to grow 3.27% per year

(3) Immediate unmet retail opportunities

14 unmet retail opportunities average $890,000 in annual potential revenues

Within 3-mile radius:

(1) Growing economic base

Annual household income growth projected at 1.28% per year

(2) High average household incomes

48.23% of all households have an annual income in excess of $50,000

(3) Compelling immediate retail opportunities

14 unmet retail opportunities average $1.1 million in annual potential revenues

DISCLOSURES & COPYRIGHTS

CBC is a wholly owned franchise of Alexander Tiffany Southwest, LLC. Analysis is preliminary, based on proprietary systems and models, is time sensitive and based on assumptions- stated and unstated. Graphics are only renderings. Measurements are only estimates. No warranties are expressed or implied. All content is protected by copyright laws, is only for prospects or legal representatives, and should not replace buyers own due diligence and analysis. Any other use is prohibited.