the shops at broad - loopnet...+ mansfield isd + population growth from 2015-2016 of 3,318 in a...

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FOR LEASE THE SHOPS AT BROAD NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063 www.cbre.com/ucr DEVELOPMENT FEATURES + 2018 – 2019 Opening + 430,000 SF Phase 1 Retail Development including Belk, Academy, TJMaxx, Flix Brewhouse, At Home, Starbucks, and more + Pad sites available + Adjacent to future H-E-B + Optimal access & visibility + Mixed-use development with retail, restaurants, sports facilities, hospitality, and multi-family on-site 2018 Demographic Summary Variable 3 Miles 5 Miles Regional TA Total Population 58,791 128,543 201,430 Average HH Income $114,749 $111,708 $104,903 Median Age 34.7 33.9 34.4 % Bachelor’s Degree or > 42.0% 40.1% 36.3% % Pop Growth 2017-2023 2.58 2.23 2.02% Traffic Counts Hwy 287 59,000 vpd Broad St 31,816 vpd Source: CoStar 2015

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Page 1: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE

THE SHOPS AT BROADNEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

DEVELOPMENT FEATURES + 2018 – 2019 Opening

+ 430,000 SF Phase 1 Retail Development including Belk, Academy, TJMaxx, Flix Brewhouse, At Home, Starbucks, and more

+ Pad sites available

+ Adjacent to future H-E-B

+ Optimal access & visibility

+ Mixed-use development with retail, restaurants, sports facilities, hospitality, and multi-family on-site

2018 Demographic Summary

Variable 3 Miles 5 Miles Regional TA

Total Population 58,791 128,543 201,430

Average HH Income $114,749 $111,708 $104,903

Median Age 34.7 33.9 34.4

% Bachelor’s Degree or > 42.0% 40.1% 36.3%

% Pop Growth 2017-2023 2.58 2.23 2.02%

Traffic Counts

Hwy 287 59,000 vpd

Broad St 31,816 vpd

Source: CoStar 2015

Page 2: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

PROPERTY INFO + Up to 500,000 SF of retail including anchor tenants, specialty shops, restaurants, and pad sites

+ Ideal access & visibility

+ Shopping center has capacity to offer both grocery and apparel co-tenancy

+ 375,000 SF of anchor and junior anchor space planned

+ 75,000+ SF of shop retail planned

+ 7+ acres of retail pad sites available

+ Easy access from the existing neighborhoods to the north with 310 units of multi-family planned on-site

+ Dallas Stars Center opening on site in 2018 with an estimated 400,000 annual visitors

+ Fieldhouse USA is open, estimates 1.2 million projected annual visitors

MARKET INFO + 2,000,000+ SF of high volume restaurant & retail within a 3.5 mile radius

+ Immediate area is populated with educated young families with an average household income of $111,708 in a 5-mile radius

+ Secondary Trade Area captures shoppers from Tarrant, Ellis, and Johnson Counties

+ Double digit projected housing growth planned and/or under construction for 2015 – 2020

+ Mansfield ISD

+ Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area

+ 11.1% increase in Average Household Income in a 5-mile radius from 2015-2016

+ 23% increase in home value from June ’14 to June ’15

+ 6,475 future homes in a 5-mile radius

Page 3: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

N0' 125' 500'250'

2018-01-23SITE PLANSP-39

PROJECT DATA OVERALLBUILDING SUMMARYSPORTING GOODS STORE (BLDG A1) 71,674 SF

DEPARTMENT STORE (BLDG A2) 74,757 SF

CINEMA (BLDG A3) 34,870 SF

JUNIOR ANCHORS (BLDG J1-J2) 43,094 SF

SHOPS (INLINE, BLDG R1-R2, R4, R6) 19,566 SF

SHOPS (POD, BLDG P1-P6 & P8-P10) 52,288 SF

RESTAURANT (NOT INCLUDING 6,000 SF OF PATIO) 41,168 SF

OUTPARCELS (OP4, OP9) 12,512 SF

TOTAL PROJECT AREA 349,929 SF

PARKING SUMMARYANCHOR PARKING REQ'D (3.3/1000 SF) 484 SPACES

CINEMA PARKING REQ'D (1 PER 4 SEATS) 221 SPACES

JR. ANCHOR PARKING REQ'D (3.3/1000 SF) 143 SPACES

SHOPS PARKING REQ'D (3.3/1000 SF) 238 SPACES

RESTAURANT (10.0/1000 SF) 412 SPACES

RESTAURANT PATIO PARKING (10.0/1000SF) 60 SPACES

TOTAL PARKING REQUIRED 1,558 SPACES

TOTAL PARKING PROVIDED 1,863 SPACES

PARKING RATIO PROVIDED 5.32 /1,000 SF

OUTPARCEL DATA ACREAGESQUARE

FOOTAGEPARKINGCOUNT PARKING RATIO

OP 1 (REST.) 2.04 AC. 8,000 SF. 130 16.3 /1000

OP 2 (REST.) 1.44 AC. 5,200 SF. 86 16.5 /1000

OP 3 (REST.) 1.68 AC. 8,640 SF. 110 12.7 /1000

OP 4 (RETAIL/REST.) 1.01 AC. 5,200 SF. 47 9.0 /1000

OP 5 (REST.) 1.07 AC. 4,547 SF. 52 11.4 /1000

OP 6 (REST.) 0.92 AC. 4,880 SF. 59 12.1 /1000

OP 7 (RETAIL) 0.85 AC. 4,500 SF. 29 6.4 /1000

OP 8 (BANK) 1.42 AC. 4,400 SF. 37 8.4 /1000

OP 9 (RETAIL/REST.) 1.54 AC. 7,312 SF. 76 10.4 /1000

OP 10 (REST.) 0.77 AC. 3,080 SF. 31 10.1 /1000

ACREAGE

SQUAREFOOTAGE / UNIT

COUNTPARKINGCOUNT PARKING RATIO

EX 1 (HOTEL) 3.46 AC. 137 UN. 142 1.0 /UNIT

4849 GREENVILLE AVE, STE 1375. DALLAS, TX 75206. 214-458-4808

PROJECT

VERSION

SHOPS AT BROADMANSFIELD, TX

1540715

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

JANUARY 2018 SITE PLAN

Page 4: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

287 & BROAD CLOSE-UP AERIAL

Page 5: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

MANSFIELD RETAIL

Page 6: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

Arlington Highlands21 Minute Drive (7.5 Miles)

Parks At Arlington21 Minute Drive (7.4 Miles)

Great Southwest Parkway23 Minute Drive (8.4 Miles)

Burleson30 Minutes (12.5 Miles)

Cedar Hill22 Minutes (10.42 Miles)

I-20 / Hwy 28722 Minutes (8.6 Miles)

Midlothian13 Minutes (9.35 Miles)

DRIVE TIME / DISTANCE MAP

Page 7: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

Employment – 5-mile radius

Total Population 121,388

Average HH Income $109,205

2017 Daytime Population 147,377

2017 Daytime Workers 52,533

White Collar Class of Workers 45,052

% Bachelor’s Degree or > 39.1%

EMPLOYMENT MAP

Page 8: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

Regional TA Demographics

Total Population 201,430

Average HH Income $104,903

Median Age 34.4

% Bachelor’s Degree or > 36.3%

% Pop Growth 2017-2023 2.02%

MANSFIELD CUSTOMER TRADE AREA

Page 9: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

JUNE 2018 AERIAL

Page 10: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

JUNE 2018 AERIAL

Page 11: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

CONTACT US

Andrew Lehner

Senior Associate214 252 [email protected]

Claire Galpern

Sales Associate214 252 [email protected]

FOR LEASE | THE SHOPS AT BROAD | NEQ HWY 287 & BROAD ST, MANSFIELD, TX 76063

www.cbre.com/ucr

© 2018 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. You should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners. Use of these images without the express written consent of the owner is prohibited. FLYER LAST UPDATED 7/19/2018

Page 12: THE SHOPS AT BROAD - LoopNet...+ Mansfield ISD + Population growth from 2015-2016 of 3,318 in a 5-mile radius and 14,005 in the regional trade area + 11.1% increase in Average Household

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 and 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:1. that the owner will accept a price less than the written asking price;2. that the buyer/tenant will pay a price greater than the price submitted in a written offer; and3. 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.

www.cbre.com/ucr

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Designated Broker of Firm License No. Email Phone

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

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

Buyer/Tenant/Seller/Landlord Initials Date

INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.