I. AERIAL PHOTOGRAPH
II. PROPERTY INFORMATION
III. CITY AND AREA INFORMATION
IV. LOCATION MAPS
V. DEMOGRAPHICS
VI. DISCLAIMER AGENCY DISCLOSURE
VII. INFORMATION ABOUT BROKERAGE SERVICES
TABLE OF CONTENTS
706 N. KINGS HWY
WAKE VILLAGE, TEXAS
AERIAL OVERVIEW
706 N. KINGS HWY
WAKE VILLAGE, TEXAS
The new Texas A&M University at Texarkana (TAMU) located at Bringle Lake northwest of the subject
property will provide further growth opportunities for the Texarkana area. The 375 acre campus’ first
phase, a 42,000 sq. ft. Science & Technology Building was completed in 2008 and the new four story
183,000 sq. ft. University Center was completed in July, 2010.
TAMU-T Science and Technology Building and University Center
PROPERTY INFORMATION
the new Arkansas Convention Center was completed in August 2013. Arkansas Convention Center offers luxurious accommodations, along with flexible meeting and gathering rooms to meet your every need. Whether your event includes ten people or hundreds of people, Arkansas Convention Center will be the premier location to make the event memorable. Arkansas Convention Center is located in central Texarkana, right off I-30. It is easily accessible to dining, lodging and shopping in the Texarkana area.
The new Texarkana Convention Center with more than 25,000 square feet of available space for
weddings, community celebrations and nonprofit functions to seminars, conferences, corporate
retreats and training, the Texarkana Convention Center will be the ultimate green-friendly
gathering space for social gatherings and business events alike.
PROPERTY INFORMATION
CITY AND AREA INFORMATION
TEXARKANA,
USA: Texarkana, TX - Texarkana, AR MSA is a two-county region anchored by the twin cities
of Texarkana, Texas and Texarkana, Arkansas, and encompassing the surrounding
communities in Bowie County, Texas and Miller County, Arkansas. As of the 2010
census, the MSA had a population of 136,027.
Texarkana is a major transportation hub being centrally located between Dallas - Ft.
Worth (175 miles west) and Little Rock, AR (150 miles east) on I-30. Shreveport -
Bossier City, LA is located 75 miles south by partially completed I-49/Hwy 71.
Eventually I-49 will connect New Orleans, LA to Kansas City, MO going right through
Texarkana. The projected I-69 corridor would connect Laredo, TX to Houston, TX and
eventually to the Canadian border via Indianapolis and shows Texarkana as either part of
the primary route or as a spur. Other major transportation routes going through Texarkana
included US 59, US 67, US 71, US 82 and Texas State Hwy Loop 151 and Arkansas Loop
245.
Multiple transportation projects have been completed to expand Texarkana’s capabilities
to handle the ever growing amount of traffic and to relieve strain on the I-30 exits and
frontage roads. The frontage roads on both the north and south sides of I-30 were
converted from two-way to one-way west on the north side of I-30 and one-way east on
the south side from the Nash, TX exit on the west side of Texarkana, TX to the Jefferson
St., exit in Texarkana, AR. This has relieved much of the congestion that has plagued the
frontage roads and various I-30 overpasses.
In the past few years, Texarkana has had a great deal of commercial activity particularly
with new hotel brands, numerous restaurants and retail activity. In recent years new
restaurants include On The Border, Olive Garden, Cracker Barrel, Outback Steakhouse,
Texas Roadhouse, Applebee’s, Longhorn Steakhouse, Red Lobster, McAlister’s,
Copeland’s, Buffalo Wild Wings, Genghis Grill and Ruby Tuesday’s. Hotels that have
recently located in Texarkana include Fairfield Inn & Suites by Marriott, Hampton Inn
and Suites, Holiday Inn Express, Candlewood Suites, TownePlace Suites by Marriott,
Comfort Suites, Country Inn & Suites and Courtyard by Marriott. The 20,000 square foot
Texarkana Convention Center, with a 12,000 square foot ballroom was completed in
October, 2012. The 25,000 square foot Arkansas Convention Center Texarkana,
completed in August 2013, is located in central Texarkana, right off I-30 and has a 10,000
square foot ballroom. Adjacent to the Arkansas Convention Center is Holiday Springs
Water Park. According to Forbes, Texarkana is predicted to increase 28.57% in GMP in
2012 making Texarkana the second fastest growing small metro area in the country.
Texarkana is a regional hub for cities in Southwest Arkansas, Northeast Texas, Northwest
Louisiana and Southeast Oklahoma.
Lake Wright Patman:
The U.S. Army Corps of Engineers maintains nine parks around Wright Patman Lake. These parks
provide lake access for boating, swimming and fishing as well as camping, picnicking, hiking,
equestrian trails and other outdoor activities. Atlanta State Park is also located on the south shore of
the lake. Surface area is 20,300 acres.
Lake Millwood:
Lake Millwood is mainly recognized for its beauty and fishing. There are 15 recreational parks around
the lake to provide campers with picnic areas, boat ramps, swimming areas, showers and restrooms.
Millwood is a superb place to fish, mainly due to its 35,000 acres (14,000 ha) of submerged timber
that make excellent homes for the many varieties of fish in the lake. Millwood has also been know as
one of the best bass fishing lakes in the United States. Every year it is home of many bass fishing
tournaments and fishing derbies, all in search of Millwood’s lunker largemouth bass.
CITY AND AREA INFORMATION
AREA LAKES AND RECREATION
Golf Ranch:
The Texarkana Golf Ranch in Texarkana, Texas sits on the banks of the 600 acre Bringle Lake across
from Texas A&M University - Texarkana. Known as one of the premier championship golf courses in
the United States, Texarkana Golf Ranch layout has extraordinary 50” elevation changes and
breathtaking vistas. Host of many corporate and special events, including AJGA and Tightlies
Tournaments, Texarkana Golf Ranch is a golf course that will challenge the best of all touring
professionals while still providing fun.
Texarkana Country Club:
Texarkana Country Club began in 1914 with a nine-hole golf course with sand greens. The
membership chose the prestigious architectural firm of Langford and Moreau from Chicago to design
the current golf course in 1922. Mr. Langford is best know for his style of deep bunkers and sloping
greens. After a renovation in the spring of 2000, the challenging layout now measures 6,935 yards
from the championship tees but has definitely retained the flavor of its original design. Maintained in
“tournament condition” throughout the year, TCC has hosted numerous state amateur events. Other
events include the prestigious Mid-South Cup Matches, the National Youth Classic and six Ben Hogan/
Nike Tour events for the PGA tour. Our cherished history includes golfing legend Byron Nelson who
served as Club Pro in 1934 prior to his outstanding career on the PGA Tour. Mr. Nelson would always
practice on the TCC track prior to the Masters tournament referring to it as “Little Augusta” due to the
many similarities between the courses.
CITY AND AREA INFORMATION
AREA LAKES AND RECREATION
North Ridge Country Club:
Nestled on 160 secluded acres of gentle rolling hills and surrounded by statuesque pines and
hardwoods, Northridge Country Club’s recently renovated 6,525 yard par 71 golf course proves to
be challenging for all levels of golfers. Dramatic elevation changes, dogleg fairways and several
lakes and creeks coming in to play combine to make the course demand accurate shots off the tee.
AREA LAKES AND RECREATION
CITY AND AREA INFORMATION
REGIONAL MAP
Texarkana is the hub of Northeast Texas, Southwest Arkansas, Northwest Louisiana, and Southeast
Oklahoma. Texarkana lies on Interstate 30 halfway between Dallas and Little Rock, on Interstate 49 corridor
halfway between new Orleans and Kansas City, and on Interstate 69 corridor about a third of the way
between Brownsville, Texas and Canada. Both Interstates 49 and 69 are designated NAFTA highways.
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 1 mile radius Latitude: 33.42257
Longitude: -94.12568
Summary Census 2010 2016 2021Population 4,393 4,461 4,526Households 1,803 1,850 1,884Families 1,266 1,282 1,297Average Household Size 2.43 2.40 2.39Owner Occupied Housing Units 1,226 1,182 1,186Renter Occupied Housing Units 577 667 698Median Age 36.5 37.3 37.7
Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.29% 1.63% 0.84%Households 0.36% 1.58% 0.79%Families 0.23% 1.52% 0.72%Owner HHs 0.07% 1.52% 0.73%Median Household Income 2.75% 1.86% 1.86%
2016 2021 Households by Income Number Percent Number Percent
<$15,000 197 10.6% 202 10.7%$15,000 - $24,999 171 9.2% 166 8.8%$25,000 - $34,999 149 8.1% 174 9.2%$35,000 - $49,999 267 14.4% 188 10.0%$50,000 - $74,999 354 19.1% 295 15.7%$75,000 - $99,999 269 14.5% 336 17.8%$100,000 - $149,999 319 17.2% 379 20.1%$150,000 - $199,999 60 3.2% 70 3.7%$200,000+ 64 3.5% 73 3.9%
Median Household Income $57,660 $66,027Average Household Income $73,128 $79,790Per Capita Income $30,273 $33,163
Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent
0 - 4 318 7.2% 312 7.0% 310 6.8%5 - 9 321 7.3% 296 6.6% 298 6.6%10 - 14 309 7.0% 306 6.9% 301 6.6%15 - 19 300 6.8% 281 6.3% 289 6.4%20 - 24 250 5.7% 288 6.5% 266 5.9%25 - 34 607 13.8% 613 13.7% 640 14.1%35 - 44 576 13.1% 587 13.2% 586 12.9%45 - 54 589 13.4% 527 11.8% 523 11.6%55 - 64 523 11.9% 555 12.4% 511 11.3%65 - 74 338 7.7% 408 9.1% 465 10.3%75 - 84 208 4.7% 227 5.1% 267 5.9%
85+ 52 1.2% 63 1.4% 71 1.6%Census 2010 2016 2021
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 3,045 69.3% 2,959 66.3% 2,888 63.8%Black Alone 996 22.7% 1,053 23.6% 1,097 24.2%American Indian Alone 40 0.9% 43 1.0% 47 1.0%Asian Alone 40 0.9% 59 1.3% 81 1.8%Pacific Islander Alone 7 0.2% 11 0.2% 14 0.3%Some Other Race Alone 154 3.5% 195 4.4% 229 5.1%Two or More Races 111 2.5% 140 3.1% 170 3.8%
Hispanic Origin (Any Race) 292 6.6% 372 8.3% 431 9.5%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 1 of 6
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 1 mile radius Latitude: 33.42257
Longitude: -94.12568
AreaStateUSA
Trends 2016-2021Trends 2016-2021
Ann
ual R
ate
(in
perc
ent) 2.5
2
1.5
1
0.5
0Population Households Families Owner HHs Median HH Income
20162021
Population by AgePopulation by Age
Perc
ent
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2016 Household Income 2016 Household Income
<$15K10.6%
$15K - $24K9.2%
$25K - $34K8.1%
$35K - $49K14.4%
$50K - $74K19.1%
$75K - $99K14.5%
$100K - $149K17.2%
$150K - $199K3.2%
$200K+3.5%
2016 Population by Race2016 Population by Race
Perc
ent
65605550454035302520151050
White Black Am. Ind. Asian Pacific Other Two+
2016 Percent Hispanic Origin: 8.3%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 2 of 6
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 3 mile radius Latitude: 33.42257
Longitude: -94.12568
Summary Census 2010 2016 2021Population 17,934 18,319 18,529Households 7,352 7,526 7,622Families 4,769 4,848 4,889Average Household Size 2.40 2.39 2.39Owner Occupied Housing Units 4,249 4,133 4,163Renter Occupied Housing Units 3,103 3,393 3,459Median Age 35.5 36.5 37.2
Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.23% 1.63% 0.84%Households 0.25% 1.58% 0.79%Families 0.17% 1.52% 0.72%Owner HHs 0.14% 1.52% 0.73%Median Household Income -0.33% 1.86% 1.86%
2016 2021 Households by Income Number Percent Number Percent
<$15,000 1,419 18.9% 1,473 19.3%$15,000 - $24,999 1,041 13.8% 1,010 13.3%$25,000 - $34,999 838 11.1% 1,000 13.1%$35,000 - $49,999 1,155 15.3% 942 12.4%$50,000 - $74,999 1,178 15.7% 956 12.5%$75,000 - $99,999 777 10.3% 929 12.2%$100,000 - $149,999 800 10.6% 943 12.4%$150,000 - $199,999 149 2.0% 177 2.3%$200,000+ 171 2.3% 193 2.5%
Median Household Income $39,881 $39,235Average Household Income $56,018 $59,953Per Capita Income $23,184 $24,808
Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent
0 - 4 1,333 7.4% 1,295 7.1% 1,299 7.0%5 - 9 1,349 7.5% 1,272 6.9% 1,262 6.8%10 - 14 1,311 7.3% 1,301 7.1% 1,262 6.8%15 - 19 1,206 6.7% 1,213 6.6% 1,214 6.6%20 - 24 1,110 6.2% 1,164 6.4% 1,177 6.4%25 - 34 2,538 14.2% 2,539 13.9% 2,509 13.5%35 - 44 2,269 12.7% 2,392 13.1% 2,437 13.2%45 - 54 2,383 13.3% 2,235 12.2% 2,158 11.6%55 - 64 2,087 11.6% 2,230 12.2% 2,180 11.8%65 - 74 1,290 7.2% 1,585 8.7% 1,808 9.8%75 - 84 775 4.3% 792 4.3% 921 5.0%
85+ 284 1.6% 299 1.6% 303 1.6%Census 2010 2016 2021
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 10,917 60.9% 10,686 58.3% 10,409 56.2%Black Alone 5,630 31.4% 5,877 32.1% 6,035 32.6%American Indian Alone 130 0.7% 141 0.8% 151 0.8%Asian Alone 134 0.7% 202 1.1% 273 1.5%Pacific Islander Alone 15 0.1% 24 0.1% 30 0.2%Some Other Race Alone 667 3.7% 838 4.6% 974 5.3%Two or More Races 442 2.5% 550 3.0% 657 3.5%
Hispanic Origin (Any Race) 1,274 7.1% 1,596 8.7% 1,823 9.8%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 3 of 6
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 3 mile radius Latitude: 33.42257
Longitude: -94.12568
AreaStateUSA
Trends 2016-2021Trends 2016-2021
Ann
ual R
ate
(in
perc
ent)
1.81.61.41.2
10.80.60.40.2
0-0.2
Population Households Families Owner HHs Median HH Income
20162021
Population by AgePopulation by Age
Perc
ent
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2016 Household Income 2016 Household Income
<$15K18.8%
$15K - $24K13.8%
$25K - $34K11.1%
$35K - $49K15.3%
$50K - $74K15.6% $75K - $99K
10.3%
$100K - $149K10.6%
$150K - $199K2.0%
$200K+2.3%
2016 Population by Race2016 Population by Race
Perc
ent
55
50
45
40
35
30
25
20
15
10
5
0White Black Am. Ind. Asian Pacific Other Two+
2016 Percent Hispanic Origin: 8.7%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 4 of 6
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 5 mile radius Latitude: 33.42257
Longitude: -94.12568
Summary Census 2010 2016 2021Population 55,679 57,550 58,885Households 21,036 21,940 22,476Families 13,885 14,387 14,689Average Household Size 2.49 2.49 2.49Owner Occupied Housing Units 12,250 12,163 12,416Renter Occupied Housing Units 8,786 9,776 10,060Median Age 36.3 37.3 38.1
Trends: 2016 - 2021 Annual Rate Area State NationalPopulation 0.46% 1.63% 0.84%Households 0.48% 1.58% 0.79%Families 0.42% 1.52% 0.72%Owner HHs 0.41% 1.52% 0.73%Median Household Income 0.26% 1.86% 1.86%
2016 2021 Households by Income Number Percent Number Percent
<$15,000 3,955 18.0% 4,114 18.3%$15,000 - $24,999 2,751 12.5% 2,709 12.1%$25,000 - $34,999 2,388 10.9% 2,882 12.8%$35,000 - $49,999 3,137 14.3% 2,451 10.9%$50,000 - $74,999 3,602 16.4% 2,976 13.2%$75,000 - $99,999 2,430 11.1% 2,984 13.3%$100,000 - $149,999 2,426 11.1% 2,919 13.0%$150,000 - $199,999 589 2.7% 689 3.1%$200,000+ 663 3.0% 752 3.3%
Median Household Income $42,799 $43,353Average Household Income $60,884 $65,544Per Capita Income $24,510 $26,292
Census 2010 2016 2021 Population by Age Number Percent Number Percent Number Percent
0 - 4 3,800 6.8% 3,796 6.6% 3,845 6.5%5 - 9 3,855 6.9% 3,672 6.4% 3,692 6.3%10 - 14 3,810 6.8% 3,810 6.6% 3,685 6.3%15 - 19 3,948 7.1% 3,759 6.5% 3,722 6.3%20 - 24 3,636 6.5% 3,957 6.9% 3,739 6.3%25 - 34 7,796 14.0% 8,042 14.0% 8,318 14.1%35 - 44 7,338 13.2% 7,523 13.1% 7,728 13.1%45 - 54 7,826 14.1% 7,440 12.9% 7,178 12.2%55 - 64 6,300 11.3% 7,034 12.2% 7,240 12.3%65 - 74 3,856 6.9% 4,893 8.5% 5,659 9.6%75 - 84 2,414 4.3% 2,465 4.3% 2,924 5.0%
85+ 1,097 2.0% 1,160 2.0% 1,155 2.0%Census 2010 2016 2021
Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 34,139 61.3% 34,091 59.2% 33,836 57.5%Black Alone 17,356 31.2% 18,125 31.5% 18,654 31.7%American Indian Alone 378 0.7% 413 0.7% 445 0.8%Asian Alone 574 1.0% 851 1.5% 1,153 2.0%Pacific Islander Alone 29 0.1% 44 0.1% 53 0.1%Some Other Race Alone 1,963 3.5% 2,469 4.3% 2,871 4.9%Two or More Races 1,240 2.2% 1,556 2.7% 1,872 3.2%
Hispanic Origin (Any Race) 3,971 7.1% 4,937 8.6% 5,646 9.6%Data Note: Income is expressed in current dollars.
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 5 of 6
Demographic and Income Profile706 N Kings Hwy, Wake Village, Texas, 75501 Prepared by EsriRing: 5 mile radius Latitude: 33.42257
Longitude: -94.12568
AreaStateUSA
Trends 2016-2021Trends 2016-2021
Ann
ual R
ate
(in
perc
ent)
1.8
1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0Population Households Families Owner HHs Median HH Income
20162021
Population by AgePopulation by Age
Perc
ent
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
2016 Household Income 2016 Household Income
<$15K18.0%
$15K - $24K12.5%
$25K - $34K10.9%
$35K - $49K14.3%
$50K - $74K16.4%
$75K - $99K11.1%
$100K - $149K11.1%
$150K - $199K2.7%
$200K+3.0%
2016 Population by Race2016 Population by Race
Perc
ent
55
50
45
40
3530
25
20
1510
5
0White Black Am. Ind. Asian Pacific Other Two+
2016 Percent Hispanic Origin: 8.6%
Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.
July 19, 2016
©2016 Esri Page 6 of 6