±16.92 ACRES on SPRING STUEBNER ROAD Spring, Texas
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The Woodlands Recreated28,000 LOGO Acres • 114K Population • 63K Employees • 21M SF Office Enriching lives through innovation The Woodlands 378K SF • 2400 Employees Nature Preserve & Completion Q3 2018 SpringRecreated Creek28,000 LOGO Greenway Acres • 114K Population • 63K Employees • 21M SF Office 1500 Emplyees • 515K SF SPRINGWOODS VILLAGE 10,000 Employees SF HOMES $500K-$800K 3M SF • 385 Acres 60-Acre Mixed Use Urban District Enriching lives through innovationHARPER WOODS Global HQ • 321 SF Patio Homes $375K-$500K Completion 2018 45 378K SF • 2400 Employees 337 Keys • $100M Nature Preserve & Completion Q3 2018 1500 Emplyees • 515K SF Spring Creek Greenway Post Oak Park SPRINGWOODS VILLAGE 10,000 Employees SF HOMES $500K-$800K 155K SF Hospital3M • $120M SF • 385 Acres 60-Acre Mixed Use Spring Grove Park Urban District HARPER WOODS Global HQ • 321 SF 2,000 acres Patio Homes $375K-$500K Completion 2018 Capacity for 8M SF Commercial45 1M SF Retail • 35K Employees 3,500 Housing Units 337 Keys • $100M GRAND PARKWAY Post Oak Park 155K SF Hospital • $120M THE MARKET AT SPRINGWOODS Spring Grove Park THE MARKET AT SPRINGWOODS • PHASE 1 300K SF PHASE 2 PROPOSED TENANTS 2,000 acres Capacity for 8M SF Commercial 1M SF Retail • 35K Employees 3,500 Housing Units GRAND PARKWAY SPRING PLAZA DRFUTURE KENROC DEVELOPMENT FUTURE KENROC DEVELOPMENT HOLZWARTH DR THE MARKET AT SPRINGWOODS THE MARKET AT SPRINGWOODS • PHASE 1 300K SF SPRING STUEBNER RD PHASE 2 PROPOSED TENANTS Corporate Office FUTURE KENROC DEVELOPMENT ±16.92 ACRES SPRING PLAZA DRFUTURE KENROC DEVELOPMENT FUTURE KENROC DEVELOPMENT HOLZWARTH DR SPRING STUEBNER RD Corporate Office FUTURE KENROC DEVELOPMENT ±16.92 ACRES ±16.92 ACRES ON SPRING STUEBNER ROAD Spring, Texas OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements www.dmreland.com Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Associate 713.955.2120 [email protected] [email protected] 777 Post Oak Blvd T 713-459-8123 T 918-629-5592 Houston, TX 77056 www.dmreland.com Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the Principal Associate disposition of ±16.92 acres on Spring Stuebner Rd [email protected] [email protected] in Spring, Texas (Property). All inquiries about the T 713-206-1574 T 713-254-3824 Property should be directed to DMRE. Due Diligence Information To access the due diligence information please visit the Property website at: www.dmreland.com Tom Dosch Tripp Rich Principal Analyst [email protected] [email protected] Offer Requirements T 713-557-4455 T 936-635-6968 Offers should be presented in the form of a non-bind- ing Letter of Intent, and should include: • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit Clark Dalton Jane Matsell • Description of Debt/Equity Structure Associate Graphic Designer • Qualifications to Close [email protected] • Development Plans T 832-449-2223 Purchase terms shall require cash to be paid at clos- ing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email. ±16.92 ACRES ON SPRING STUEBNER RD, SPRING, TEXAS 2 Property Information www.dmreland.com Property Details LOCATION SWC Spring Stuebner Rd & Spring Plaza Dr ADDRESS 21525 Spring Plaza Dr, Spring, TX 77389 LAT., LONG. 30.082225, -95.446116 TOTAL ACRES ±16.92 PARCEL ID 1373870010001 FRONTAGE (APPROX.) 368.7 ft on Spring Stuebner Rd 500 ft on Spring Plaza Dr SCHOOL DISTRICT Spring ISD 2017 Tax Rates 24 SPRING ISD 1.46996 40 HARRIS COUNTY 0.41656 41 HARRIS CO FLOOD CNTRL 0.02829 42 PORT OF HOUSTON AUTHY 0.01334 43 HARRIS CO HOSP DIST 0.17179 44 HARRIS CO EDUC DEPT 0.00520 45 LONE STAR COLLEGE SYS 0.10780 161 MEADOWHILL REGNL MUD 0.79000 550 HC EMERG SRV DIST 7 0.10000 666 HC EMERG SERV DIST 11 0.03987 Total Tax Rate: 3.14281 2017 Demographics 0-1 mi 0-3 mile 0-5 miles EST. POPULATION 4,258 61,536 218,627 2017-2022 EST. POPULATION 1.75% 2.20% 2.48% GROWTH EST. AVERAGE HOUSEHOLD $94,429 $105,283 $99,420 INCOME ±16.92 ACRES ON SPRING STUEBNER RD, SPRING, TEXAS 3 Property Aerial he oolans Recreated2, LOGO A 11 P 6 E 21 S O Enriching lives through innovation S 2 E N P C 21 S C G 1 E 1 S SPRINGOODS IAGE 1, E S OES -$800K S A 6A U U D HARPER OODS G 21 S P -$500K C 21 45 1 P O Park 1 S 12 S Go Park 2, C S Ccial 1 S R E , U GRAND PARKWAY THE MARKET AT SPRINGWOODS THE MARKET AT SPRINGWOODS • PASE 1 S PASE 2 PROPOSED TENANTS SPRING PLAZA DRFUTURE KENROC DEVELOPMENT FUTURE KENROC DEVELOPMENT HOLZWARTH DR SPRING STUEBNER RD C O FUTURE KENROC DEVELOPMENT . S ±16.92 ACRES ON SPRING STUEBNER RD, SPRING, TEXAS 4 Springwoods Village www.dmreland.com Springwoods Village is a 2,000 acre master planned American Bureau of Shipping (ABS) ABS GLOBAL HQ community situated just south of The Woodlands, adja- 1.3 miles from the Property cent to the Property, and 20 miles north of downtown Houston. The community is a new model of sustainabil- • Will be located in the 10-story, 326,800-SF City- ity and greener living for the Houston region, preserving Place 2 mixed-use project its natural ecosystems, building energy-smart new • With 1,200 employees, ABS will occupy all of the homes, and reducing dependence on the car by provid- office space in the building on a long-term basis ing a walkable mix of retail, dining, offices, and public for its headquarters operations amenities. Springwoods Village will build out its master plan over HP Corporate Campus the next 10+ years. At buildout, Springwoods Village will 1.3 miles from the Property achieve: • 378,000 square feet in two buildings and approxi- • 8 million square feet of commercial space mately 2,400 employees • Began construction in early 2017; completion • 1 million square feet of retail space expected by third quarter 2018 • 35,000 employees • 3,500 housing units CityPlace 1.3 miles from the Property • CityPlace 2, at 10-stories and 327,000 SF, will be the new home to American Bureau of Shipping; CHI St. Luke’s Health includes 25,000 SF of ground floor retail and is 0.5 miles from the Property scheduled for completion in October 2018 • Phase I opened in January 2016: 55,000-square- • CityPlace 1, a new 149,600-square-foot office foot ambulatory medical center; 4 inpatient beds, 10 building, is currently in the planning stages emergency room beds, four operating suites, two endoscopy suites, full diagnostic imaging capabilities NEW: Marriott CityPlace and 100,000 square feet of medical office space; the • Broke ground March 2017 hospital will have 250 beds at build out • 10-story, 337-room hotel will be the first full-ser- • Initial investment for the project was $120 million; St. vice hotel in CityPlace when it opens in November Luke’s has committed up to $70 million over the next 2018 five years ExxonMobil Corporate Campus EXXONMOBIL CAMPUS 1.3 miles from the Property HP CORPORATE CAMPUS • 385-acre campus completed in 2015 • Relocated 10,000 employees to the area • 3 million square feet Southwestern Energy 1.3 miles from the Property • Headquarters completed in 2014 • 515,000 square feet • Approx.1,500 employees (expected to grow to 3,000) ±16.92 ACRES ON SPRING STUEBNER RD, SPRING, TEXAS 5 The Woodlands www.dmreland.com 10 miles / 13 minutes from the Property The Woodlands Town Center CHI St Luke’s Health - The Woodlands HUGHES LANDING One of the most active commercial building Hospital markets throughout Houston • 62-acre campus • 1,000-acre “downtown” of The Wood- • 242-private-bed, nonprofit hospital lands contains over 6.9 million square • Offers a full range of family healthcare, feet of office space from pediatrics to geriatrics, from • Home of Anadarko’s two iconic towers: emergency services to birthing center, 807,586-square-foot Allison Tower and and from diagnostics to surgery 550,000-square-foot Hackett Tower • Other major employers include Texas Children’s Hospital - The Wood- AonHewitt, Baker Hughes, Huntsman lands Company, Chevron Phillips Chemical • 548,000 square feet on 22 acres Company, US Oncology and Entergy • 24 emergency center rooms, 74 outpa- Hughes Landing tient rooms, five radiology rooms, four operating rooms and initially 30 acute • Class A Office: One Hughes Landing, care beds, which could expand to up to Two Hughes Landing, Three Hughes 200 beds Landing, 1725 Hughes Landing Blvd., 1735 Hughes Landing Blvd. Top Employers in The Woodlands • Hospitality: Embassy Suites by Hilton NEW DEVELOPMENTS Anadarko 3867 with 205-suites, 24-hour fitness center Three Hughes and rooftop infinity pool Memorial Hermann The Woodlands 2001 Landing: 12-story, • Multifamily: One Lakes Edge luxury 321,000-squarefoot ExxonMobil 1900 residences with 390 units Class A office building Aon Hewitt 1800 with an on-site confer- Memorial Hermann The Woodlands ence room and fitness CHI St Luke's Health - The Woodlands 1510 center; currently 30% leased • 294-private bed, full-service, acute care CB&I 1008 1725 Hughes Landing: 13-story, facility THE WOODLANDS TOWN CENTER Huntsman Corporation 894 332,000-squarefoot Class A office • Employs over 780 medical staff building with an on-site conference room physicians, 1,300 employees, and 250 Woodforest National Bank 817 (seats up to 100) and fitness center volunteers Repsol USA 710 • Features a diabetes self-management program, a certified primary stroke Chevron Phillips Chemical Company 678 center, sports medicine, rehabilitation Cynthia Woods Mitchell Pavilion 625 and physical therapy,