±6.71 Acres at 26001 Budde Spring, TX 77380
Total Page:16
File Type:pdf, Size:1020Kb
HOSPITAL FACILITIES Texas Children's Hospital The Woodlands CHI St. Luke's Health–Lakeside Hospital PORTOFINO SHOPPING CENTER CHI St. Luke's Health–The Woodlands Hospital Houston Methodist The Woodlands Hospital Bowlero Chi Japanese Cuisine WOODLANDS PKWY THE WOODLANDS TOWN CENTER iFly »1,000 acres of shopping, restaurants, and entertainment Arlan’s Market Red Rooster Grill » Contains over 6.9 million square feet of office space » Major employers include AonHewitt, Baker Hughes, Huntsman Company, Chevron Phillips Chemical Company, US Oncology and Entergy GROGANS MILL– THE WOODLANDS OAK RIDGE DR HOME PRICES UP TO $1.2M NURSERY RD ±6.71 ACRES BUDDE RD WOODWIND VILLAGE APARTMENTS±6.71 Acres at 26001 Budde Spring, TX 77380 OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements www.dmreland.com Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Senior Associate 713.955.3120 [email protected] [email protected] O 713-955-3127 O 713-955-3121 777 Post Oak Blvd Houston, TX 77056 M 713-459-8123 M 918-629-5592 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 Senior Associate disposition of ±6.71 acres at 26001 Budde Road david.marshall@dmreland. [email protected] in Spring, Texas (Property). All inquiries about the com O 713-955-3123 Property should be directed to DMRE. O 713-955-3126 M 713-254-3824 M 713-206-1574 Due Diligence Information To access the due diligence information please visit the Property website at: www.dmreland.com Tom Dosch Tripp Rich Principal Analyst Offer Requirements [email protected] [email protected] Offers should be presented in the form of a non-binding O 713-955-3125 O 713-955-3124 Letter of Intent, and should include: M 713-557-4455 M 936-635-6968 • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit • Description of Debt/Equity Structure • Qualifications to Close Clark Dalton Kenneth Danna • Development Plans Vice President Analyst Purchase terms shall require cash to be paid at closing. [email protected] kenneth.danna@dmreland. com Offers should be delivered to the attention of Tim O 713-955-3122 Dosch, David Marshall, Tom Dosch, or Becky Hand via M 832-449-2223 O 713-955-3120 fax or email. M 713-829-2615 ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 2 Property Details www.dmreland.com Property Details Excellent land development opportunity in Spring • Ideal location between The Woodlands and Springwoods Village LOCATION 26001 Budde in Spring, TX 77380 • Zoned to Conroe ISD, the largest district in the State to ever achieve the highest LAT., LONG. 30.138505, -95.451678 rating of Exemplary in 2010 TOTAL SIZE ±6.71 acres • Located just one block from I-45 • Surrounded by affluent single family neighborhoods, including Grogan’s Mill of PARCEL ID 0599-01-00701 The Woodlands COUNTY Montgomery Distance to major highlights SCHOOL DISTRICT Conroe Independent School District • Major retail at Rayford Rd & I-45: 1 mile UTILITIES Available • The Woodlands Town Center: 1.5 miles PRICE To be decided by market • The Woodlands Mall: 1.6 miles • The Woodlands Market Street: 1.8 miles • Exxon Mobil Campus: 2.3 miles 2017 Tax Rates • Hughes Landing: 2.5 miles CAD- Appraisal District 0.0000 • Springwoods Village: 2.5 miles F08- Emergency Ser Dist #8 0.1000 GMO- Montgomery Cnty 0.4667 HM1- Mont Co Hospital 0.0664 GROGANS MILL– THE WOODLANDS JNH- Lone Star College 0.1078 HOME PRICES UP TO MSM- So Mont Co Mud 0.1600 LAKE LAWN DR SCO- Conroe ISD 1.2800 VICKSBURG Total 2.1809 HOME PRICES UP TO $420K OVERLAKE DR MAPLE BRANCH ST 2017 Demographics 0-1 mile 0-3 miles 0-5 miles EST. POPULATION 12,825 59,041 166,562 ±6.71 ACRES NURSERY RD 5-YR EST. POPULATION GROWTH 18.97% 18.23% 14.87% AVERAGE HOUSEHOLD INCOME $93,219 $115,537 $118,228 MEDIAN OWNER-OCCUPIED HOUSING VALUES $193,471 $196,359 $203,611 BUDDE RD ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 3 Property Details www.dmreland.com Conroe ISD • 6,000 employees • One of the fastest growing school districts in the State RESEARCH FOREST DR with an average enrollment growth of approximately The Woodlands 28,000 Acres • 114K Population 1,500 students per year Recreated LOGO 63K Employees • 21M SF Office • 13th largest district in the State and 70th largest district in the United States Enriching lives through innovation • Serves over 59,000 students over 60 campuses • Largest district in the State to ever achieve the highest rating of Exemplary in 2010 WOODLANDS PKWY • Achievement scores continue are well above the State and national averages: Conroe ISD graduation rate of 95.7% is one of the highest in the State GROGANS MILL RD GLEN DR LOCH • Selected by the Educational Results Partnership (ERP) GOSLING RD ±6.71 and the Institute for Productivity in Education (IPE) as ACRES one of nine public school districts in Texas to receive the title of 2015 Honor Roll District The Woodlands • Received a 1.1 rating from the Education Resource Group (ERG) for high academic performance by 2,000 acres students and efficiency in spending; the District is 1 of RAYFORD RD SAWDUST RD Capacity for 8M SF Commercial 10 school districts in Texas to receive this top ranking 1M SF Retail • 35K Employees 3,500 Housing Units • One of only three of the 1,100+ public schoolW RAYFORD districts RD in Texas to be recognized six years in a row for high academic achievement while maintaining cost- effective operations KUYKENDAHL RD SPRING SPRING STUEBNER RD HOLZWARTH RD ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 4 Property Aerial www.dmreland.com RAYFORD FOREST HOME PRICES UP TO $325K HAVENWOOD OFFICE PARK 249,561 SF Class A Office OAK RIDGE DR RYE ST BUDDE RD NURSERY RD ±6.71 ACRES BENJI’S PL WOODWIND VILLAGE APARTMENTS ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 5 Property Aerial www.dmreland.com Campus SPRINGWOODS VILLAGE GROGANS MILL RD SAWDUST RD Rookies Sports Bar & Grill 19th Hole Grill & Bar Martinis & More My Gym Children's Pho Be Asian Kitchen Fitness Center 88 Grand Buffet Chinese Cuisine Cielo Latin Bar Fat Ogre Games & Kobe Japanese Grill and Sushi Cilantros Mexican Grill Comics Probodies Fitness The Olive Oil Restaurant Sitar Cuisine of India Herb & Beet Nutrition Depot Yogurt Wurx Amerigo's Grille Hyderabad House Fukuda Japanese Greek Tony's Pizza & Sub Shop CubeSmart The Woodlands Academy of Art Barney's Billiard Saloon Self Storage VICKSBURG The Woodlands Academy of Music Yun Loy Asian Market The Flying Pug HOME PRICES UP TO $420K Breathe Pilates Studio, Inc Sports Pub The Learning Lane Papa Murphy's The Woodlands Yoga Studio Take 'N' Bake Pizza Top Florist WOODWIND VILLAGE BUDDE RD APARTMENTS MAPLE BRANCH ST ±6.71 ACRES NURSERY RD ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 6 Property Aerial www.dmreland.com 28,000-acre award winning master planned community HUGHES LANDING PINECROFT CENTER Lake Woodlands Tournament Course THE WOODLANDS TOWN CENTER 1,000 acres of shopping, restaurants, and entertainment GROGANS MILL– THE WOODLANDS HOME PRICES UP TO $1.2M NURSERY RD WOODWIND VILLAGE ±6.71 ACRES LAKE LAWN DR APARTMENTS BUDDE RD OVERLAKE DR VICKSBURG HOME PRICES UP TO $420K ±6.71 ACRES AT 26001 BUDDE IN SPRING, TX 7 Springwoods Village www.dmreland.com 2.5 miles from the Property CityPlace ABS GLOBAL HQ Springwoods Village is a 2,000 acre master planned • CityPlace 2, at 10-stories and 327,000 SF, will be community situated just south of The Woodlands and the new home to American Bureau of Shipping; 20 miles north of downtown Houston. The community includes 25,000 SF of ground floor retail and is is a new model of sustainability and greener living for scheduled for completion in October 2018 the Houston region, preserving its natural ecosystems, • CityPlace 1, a new 149,600-square-foot office build- building energy-smart new homes, and reducing depen- ing, is currently in the planning stages dence on the car by providing a walkable mix of retail, dining, offices, and public amenities. American Bureau of Shipping (ABS) Springwoods Village will build out its master plan over the next 10+ years. At buildout, Springwoods Village will • Will be located in the 10-story, 326,800-SF City- achieve: Place 2 mixed-use project • 8 million square feet of commercial space • With 1,200 employees, ABS will occupy all of the office space in the building on a long-term basis for • 1 million square feet of retail space its headquarters operations • 35,000 employees • 3,500 housing units HP Corporate Campus • 378,000 square feet in two buildings and approxi- mately 2,400 employees • Began construction in early 2017; completion CHI St. Luke’s Health expected by third quarter 2018 • Phase I opened in January 2016: 55,000-square- foot ambulatory medical center; 4 inpatient beds, 10 NEW: Marriott CityPlace emergency room beds, four operating suites, two • Broke ground March 2017 endoscopy suites, full diagnostic imaging capabilities and 100,000 square feet of medical office space; the • 10-story, 337-room hotel will be the first full-service hospital will have 250 beds at build out hotel in CityPlace when it opens in November 2018 • Initial investment for the project was $120 million; St. Luke’s has committed up to $70 million over the next five years EXXONMOBIL CAMPUS ExxonMobil Corporate Campus HP CORPORATE CAMPUS • 385-acre campus completed in 2015 • Relocated 10,000 employees to the area • 3 million square feet Southwestern Energy • Headquarters completed in 2014 • 515,000 square feet • Approx.1,500 employees (expected to grow to 3,000)