MAR KE TING
PAC KAG E
F O R L EAS E/ F O R S ALE
Former Gloco Station
904 Cadiz Street | Dallas, TX
Overview
Description
AVAILABLE
LEASE/SALE RATE
1,860 SF
Call for Rates
Strongly positioned at the hard corner of I-30 and Lamar, the former
Gloco building is located at the western entrance of the burgeoning
Cedars neighborhood in Dallas, which has experienced booming
residential growth over the past five years.
The property is across the street from top entertainment draws
including a brand new Alamo Draft House, Gilley’s concert venue,
NYLO South Side Hotel and walking distance from the Omni Hotel and
Convention Center.
Demographics
1 MILE
2 MILE
3 MILE
11,165
131,872
351,836
Average HH Income
$87,593
$70,894
$73,213
Total # Households
5,102
55,933
137,899
Daytime Population
63,118
240,969
343,595
Total Population
Year: 2015 | Source: Esri
IMAGERY © 2016 GOOGLE
Traffic Counts
I-30
Contact
S. Lamar Street
196,000 VPD
15,770 VPD
Year: 2012 | Source: TxDOT
DANIEL POKU
214.560.3294 | [email protected]
SRS REAL ESTATE PARTNERS | 8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 | 214.560.3200
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
PHO TO S
Former Gloco Station
904 Cadiz Street | Dallas, TX
SRS REAL ESTATE PARTNERS | 8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 | 214.560.3200
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
PHO TO S
Former Gloco Station
904 Cadiz Street | Dallas, TX
SRS REAL ESTATE PARTNERS | 8343 Douglas Avenue, Suite 200 | Dallas, TX 75225 | 214.560.3200
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 Summary
904 Cadiz St, Dallas, Texas, 75215 2
904 Cadiz St, Dallas, Texas, 75215
Rings: 1, 3, 5 mile radii
Prepared by Esri
Latitude: 32.77061
Longitude: -96.79935
1 mile
3 miles
5 miles
Population
2000 Population
2010 Population
2015 Population
2020 Population
2000-2010 Annual Rate
2010-2015 Annual Rate
2015-2020 Annual Rate
2015 Male Population
2015 Female Population
2015 Median Age
4,955
9,818
11,165
12,273
7.08%
2.48%
1.91%
61.2%
38.8%
33.5
121,557
122,962
131,872
140,980
0.11%
1.34%
1.34%
54.7%
45.3%
32.9
345,267
333,247
351,836
373,047
-0.35%
1.04%
1.18%
52.2%
47.8%
32.8
In the identified area, the current year population is 351,836. In 2010, the Census count in the area was 333,247. The rate of change since
2010 was 1.04% annually. The five-year projection for the population in the area is 373,047 representing a change of 1.18% annually from
2015 to 2020. Currently, the population is 52.2% male and 47.8% female.
Median Age
The median age in this area is 33.5, compared to U.S. median age of 37.9.
Race and Ethnicity
2015 White Alone
60.2%
50.1%
51.9%
29.6%
26.4%
23.4%
2015 American Indian/Alaska Native Alone
0.6%
0.6%
0.6%
2015 Asian Alone
2.9%
2.9%
2.4%
2015 Pacific Islander Alone
0.1%
0.1%
0.0%
2015 Other Race
3.6%
17.3%
19.0%
2015 Black Alone
2015 Two or More Races
2015 Hispanic Origin (Any Race)
2.9%
2.7%
2.7%
17.7%
40.1%
45.6%
Persons of Hispanic origin represent 45.6% of the population in the identified area compared to 17.6% 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 83.7 in the identified area, compared to 63.0 for the U.S. as a whole.
Households
2000 Households
1,034
41,506
2010 Households
4,319
51,162
129,703
2015 Total Households
5,102
55,933
137,899
2020 Total Households
121,886
5,822
60,756
147,323
2000-2010 Annual Rate
15.37%
2.11%
0.62%
2010-2015 Annual Rate
3.22%
1.71%
1.17%
2015-2020 Annual Rate
2.68%
1.67%
1.33%
1.55
2.14
2.44
2015 Average Household Size
The household count in this area has changed from 129,703 in 2010 to 137,899 in the current year, a change of 1.17% annually. The fiveyear projection of households is 147,323, a change of 1.33% annually from the current year total. Average household size is currently 2.44,
compared to 2.46 in the year 2010. The number of families in the current year is 67,725 in the specified area.
Data Note: Income is expressed in current dollars
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.
May 04, 2016
©2015 Esri
Page 1 of 2
Executive Summary
904 Cadiz St, Dallas, Texas, 75215 2
904 Cadiz St, Dallas, Texas, 75215
Rings: 1, 3, 5 mile radii
Prepared by Esri
Latitude: 32.77061
Longitude: -96.79935
1 mile
3 miles
5 miles
Median Household Income
2015 Median Household Income
2020 Median Household Income
2015-2020 Annual Rate
Average Household Income
$71,772
$80,832
2.41%
$45,464
$53,103
3.15%
$42,714
$49,705
3.08%
2015 Average Household Income
2020 Average Household Income
2015-2020 Annual Rate
Per Capita Income
$87,593
$99,231
2.53%
$70,894
$80,896
2.67%
$73,213
$83,266
2.61%
$46,957
$53,879
2.79%
$31,743
$36,472
2.82%
$29,470
$33,631
2.68%
2015 Per Capita Income
2020 Per Capita Income
2015-2020 Annual Rate
Households by Income
Current median household income is $42,714 in the area, compared to $53,217 for all U.S. households. Median household income is
projected to be $49,705 in five years, compared to $60,683 for all U.S. households
Current average household income is $73,213 in this area, compared to $74,699 for all U.S. households. Average household income is
projected to be $83,266 in five years, compared to $84,910 for all U.S. households
Current per capita income is $29,470 in the area, compared to the U.S. per capita income of $28,597. The per capita income is projected to
be $33,631 in five years, compared to $32,501 for all U.S. households
Housing
2000 Total Housing Units
2000 Owner Occupied Housing Units
2000 Renter Occupied Housing Units
2000 Vacant Housing Units
2010 Total Housing Units
2010 Owner Occupied Housing Units
2010 Renter Occupied Housing Units
2010 Vacant Housing Units
2015 Total Housing Units
2015 Owner Occupied Housing Units
2015 Renter Occupied Housing Units
2015 Vacant Housing Units
2020 Total Housing Units
2020 Owner Occupied Housing Units
2020 Renter Occupied Housing Units
2020 Vacant Housing Units
1,154
62
972
120
5,291
457
3,862
972
6,015
481
4,621
913
6,555
534
5,288
733
46,810
12,082
29,425
5,303
60,356
14,805
36,357
9,194
65,356
14,804
41,129
9,423
69,564
15,693
45,063
8,808
133,546
49,258
72,628
11,660
149,659
53,476
76,227
19,956
158,891
53,356
84,544
20,992
167,865
55,980
91,344
20,542
Currently, 33.6% of the 158,891 housing units in the area are owner occupied; 53.2%, renter occupied; and 13.2% are vacant. Currently,
in the U.S., 55.7% of the housing units in the area are owner occupied; 32.8% are renter occupied; and 11.6% are vacant. In 2010, there
were 149,659 housing units in the area - 35.7% owner occupied, 50.9% renter occupied, and 13.3% vacant. The annual rate of change in
housing units since 2010 is 2.70%. Median home value in the area is $182,304, compared to a median home value of $200,006 for the U.S.
In five years, median value is projected to change by 5.20% annually to $234,858.
Data Note: Income is expressed in current dollars
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2015 and 2020. Esri converted Census 2000 data into 2010 geography.
May 04, 2016
©2015 Esri
Page 2 of 2
TR E C
Information About Brokerage Services
Texas Real Estate Commission (11-2-2015)
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.
SRS Real Estate Partners - Southwest, LLC
600324
[email protected]
214-560-3200
Licensed Broker/Broker Firm Name or Primary Assumed Business Name
License No.
Email
Phone
Mark B. Reeder
318755
[email protected]
214-560-3251
Designated Broker of Firm
License No.
Email
Phone
Mark B. Reeder
318755
[email protected]
214-560-3251
Licensed Supervisor of Sales Agent/Associate
License No.
Email
Phone
Daniel K. Poku
644631
[email protected]
214-560-3294
Sales Agent/Associate’s Name
License No.
Email
Phone
Buyer Initials
Tenant Initials
Regulated by the Texas Real Estate Commission
Seller Initials
Landlord Initials
Date
Information available at www.trec.texas.gov
IABS 1-0