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Zahid Naeem Managing Partner 6422 SOUTH CONGRESS AVENUE, AUSTIN, TEXAS 78745 LEASE PROPOSAL 6422 SOUTH CONGRESS, AUSTIN, TEXAS 78745 PRESENTED BY MAPLETON VENTURES Location Overview 2 AUSTIN CITY LIGHTS GRIFFS SOCO AUSTIN DOLLAR TREE 6422 SOUTH CONGRESS AVENUE, REGENCY PARK APARTMENTS AUSTIN, TEXAS 78745 WILLOW BROOK E WILLIAM CANNON DR SOUTH CONGRESS AVE CENTURY SOUTH PUBLIC STORAGE South Austin Demographics 3 W WILLIAM CANNON DR SOUTH CONGRESS AVE. HIGHWAY 71 33,588 CARS 30,171 CARS 184,019 CARS 6422 SOUTH CONGRESS AVENUE, AUSTIN, TEXAS 78745 I35 190,214 CARS Location Main Artery Location - The property is located on South Solid Demographics - There are ±316,000 people in the Congress Avenue in Austin, Texas which is a mainer artery 5-mile radius with an average household income exceeding Highlights leading to the state capital of Texas. $93,000 per year. The 5-mile radius has a consumer Booming Population - The immediate area experienced spending that exceeds $2.1 Billion and is expected to exceed ±65% growth over the last decade with several large $2.5 Billion in the next 5-years. multifamily developments and residential developments in Expected population growth of over 9% in the 1-mile and 8% the immediate area. The population is expected to continue in the 3 and 5-mile. to grow with new projects such as: Austin averages nearly 100 new residents moving to the five- • Settle South Congress - 67 units county Austin MSA every day making it 8 years running as • Society - 262 units the fastest growing major metropolitan area in the country. • Highmark Townhomes - 50 units The immediate area has limited opportunity for retail • Oden Hughes Apartments - 300 units development. Austin, Texas 4 The Property is strategically positioned top city for jobs and culture. Fortune 500 on the iconic South Congress Avenue. companies such as Apple, Google, Dell, 3M, South Congress is a nationally recognized Cisco, eBay, Texas Instruments and Whole shopping and cultural district famous for Foods all have headquarters or regional its popular boutique retailers, restaurants, offices in the Austin area. Ranked as the live music, art venues and food trucks. St. number one fastest growing city in the US, Edward’s University, with annual enrollment Austin is ranked second in the nation in of over 4,300 students, is situated on South job growth and is now the 11th largest city Congress Avenue less than 10 minutes north in the nation. Austin is also home to the of the Property. Approximately 10 minutes University of Texas. With an endowment east is Austin–Bergstrom International valued over $30.9 billion and serving nearly Airport which served over 17.3 million 75,000 combined students and faculty, UT- passengers in 2019, a 9.6% increase from Austin is one of the largest and wealthiest 2018, according to the City of Austin. The universities in the nation. Additionally, airport opened a new $350 million 9-gate Austin is known as the “Live Music Capital terminal expansion in February 2019. of the World” and hosts the popular annual It is also well positioned within a densely music festival Austin City Limits (“ACL”). populated area and near national tenants An estimated 450,000 people attend ACL such as H-E-B Grocery, Gold’s Gym, Lowe’s, each year making it the most popular Sprouts Farmers Market, Sherwin-Williams, music festival in the country (Forbes. Chase Bank, Supercuts, Regal Cinemas, com). With operating and living costs well Subway, and Rent-A-Center among many below the national average, a pro-business others. government, corporate headquarters and offices, a world-renowned university, Austin has become a premier destination sensational culture and a favorable year- in the United States. Since 2013, numerous round climate, Austin has become one of national publications have endorsed the most desirable cities in the country. Austin as the country’s best economy, best-performing city, top “boomtown,” and Project Overview 5 Highlights • Famous South Congress (SOCO) address • Build-to-suit • Class A Retail - 4,200 SF Building • Two tenants (subject to change) • Drive Through focusing on customer convenience OPTION 1 - STARBUCKS WITH DRIVE THROUGH PARKING REQUIREMENTS ITEM STARBUCKS RETAIL TOTAL PARKING PROVIDED TYPE STANDARD (9' X 17.5') COMPACT (7.5' X 15' HC TOTAL General retail sales and services (convenience or general) AREA SF Restaurant 2000 • ≤2,500 sq. ft. 2226.5 Drive-in service 4226.5 APPENDIX A. - TABLES OF OFF-STREET PARKING AND LOADING REQUIREMENTS QUANTITY BASE ZONING 24 MINIMUM LOT SIZE (square feet): MINIMUM LOT WIDTH: 5 MAXIMUM HEIGHT: 2 MINIMUM SETBACKS: 31 FRONT YARD: STREET SIDE YARD: INTERIOR SIDE YARD: REAR YARD: MAXIMUM BUILDING COVERAGE: PARKING RATIO MAXIMUM IMPERVIOUS COVER: 100 MAXIMUM FLOOR AREA RATIO 275 PERCENTAGE 77.4% Part 1 - Motor vehicles 16.1% 1 space for each 275 sq. ft. 6.5% 100.0% N 1 space for each 100 sq. ft. 8 queue spaces for each service lane SITE DEVELOPMENTTRUE PLAN (OPTION 1) ZONING REGULATIONS Copyright © 2018 by Mark Hart Architecture, INC. All rights reserved. The arrangements depicted herein are the sole property of Mark Hart Architecture, INC. and may not be reproduced in any form without written permission. SCALE: PROJECT ADDRESS: 6422 S. CONGRESS, AUSTIN, TX 78745 REQUIRED PARKING 20 8 28 N 1/32" = 1'-0" PLAN Schedule C Schedule C GR 5,750 50 60 10 10 — — 75% 90% 1:01 CLIENT NAME: MAPLETON VENTURES Site Layout 6 Copyright © 2018 by Mark Hart Architecture, INC. All rights reserved. The arrangements depicted herein are the sole property of Mark Hart Architecture, INC. and mayN21°06'50"E not be reproduced in any form without189.92' written permission. OPTION 1 - STARBUCKS WITH DRIVE THROUGH PARKING REQUIREMENTS 7.5' P.U.E. PER PLAT 25'-0" ITEM AREA SF PARKING RATIO REQUIRED PARKING STARBUCKS 2000 100 20 DRIVE DATE: RETAIL 09-04-20202226.5 275 8 TOTAL 4226.5 28 12'-0" PARKING PROVIDED 77'-6" 18" RCP TYPE QUANTITY PERCENTAGE 10'-0" 6 8 7 5 STANDARD (9' X 17.5') 24 77.4% 4 77'-6"3 S68°51'27"E 199.97 DRIVE5'-0" 12'-0" COMPACT (7.5' X 15' 5 16.1% THROUGH ORDERING HC 2 6.5% 10'-0" TOTAL 31 100.0% 8 12'-0" 2 7 STD 39'-6" 39'-6" 25'-0" 18" FL=661.57 APPENDIX A. - TABLES OF OFF-STREET PARKING AND LOADING REQUIREMENTS 7 8'-0" BUILDING FIRE 12'-0" 4226.5 SF 10'-0" Part 1 - Motor vehicles FIRE N68°52'00"W 199.95' 5'-0" General retail sales and services 1 space for each 275 sq. ft. Schedule C STARBUCKS 107'-0" S68°51'27"E 199.97 (convenience or general) 10'-0" 6 1 3 STD 5 CMPT Restaurant Schedule C 2000 SF FIRE FIRE • ≤2,500 sq. ft. 1 space for each 100 sq. ft. BUILDING 10'-6" Drive-in service 8 queue spaces for each service lane 5 4226.5 SF N21°06'50"E7.5' 189.92'P.U.E. PER PLAT 107'-0" 60'-0" FIRE OUTDOOR FIRE FIRE 4 STD FIRE FIRE 10'-6" ZONING REGULATIONS 4 SEATING 17'-6" FIRE 8'-0" BASE ZONING GR 25'-0" FIRE 3 STD25'-0" 3 STD MINIMUM LOT SIZE (square feet): 5,750 FIRE 3 STD 2876.4 SF FIRE FIRE FIRE FIRE MINIMUM LOT WIDTH: 50 FIRE 3 FIRE MAXIMUM HEIGHT: 60 DRIVE 60'-0" 25'-0" FIRE 2 STD THROUGH MINIMUM SETBACKS: 2000 SF ORDERING 2 STARBUCKS FIRE FIRE FRONT YARD: 10 25' B.L. 1 60'-0" FIRE OUTDOORSEATING FIRE STREET SIDE YARD: 10 FIRE FIRE FIRE FIRE FIRE 15' ELECT. ESMT. INTERIOR SIDE YARD: — FIRE FIRE FIRE FIRE 5 STD 5 17'-6" REAR YARD: — FIRE S21°07'18"W 189.88' FIRE MAXIMUM BUILDING COVERAGE: 75% FIRE FIRE 2 STD FIRE 4 STD 5 CMPT FIRE 7 STD MAXIMUM IMPERVIOUS COVER: 90% 25'-0" FIRE MAXIMUM FLOOR AREA RATIO 1:01 FIRE FIRE 657 N68°52'00"W 199.95' ' 84.13 15 FIRE 5 STD 5 30'-0" TXDOT R=360' CENTERLINE STA. 313+34.7 FIRE FIRE FIRE 60'-0" 2876.4 SF 25' B.L. T FIRE FIRE 15' ELECT. ESMT. 2-18" CMP 660 0' N N FL=658.36 30'-0" 659 36 2-18" CMP S21°07'18"W 189.88' FL=658.92 ' 0 TRUE PLAN R=36 DRIVE SITE DEVELOPMENT PLAN (OPTION 1) 18" CMP 18" RCP SCALE: 1/32" = 1'-0" 2-18" CMP FL=658.92 18" CMP PROJECT ADDRESS: CLIENT NAME: 18" CMPDATE: 18" CMP DRIVE 2-18" CMP 6422 S. CONGRESS, AUSTIN, TX 78745 MAPLETON VENTURES 09-04-2020 FL=658.36 DRIVE 18" FL=661.57 TXDOT CENTERLINE STA. 313+34.7 R=360' R=360' 660 1584.13' 659 T 657 360' Lease Proposal 7 Mapleton Ventures would like to extend the opportunity to occupy 2,200 - 4,200 sf (TBD) of drive-through, Class A retail on South Congress Avenue. Project would be deliverable by the end of 2021. General Lease • Space: 2,200 - 4,200 SF • Other: • Rate: $45 - 55 SF Drive-thru access Terms (TBD) • Term: >10 years w/ extensions Build to suit based on Starbuck’s specs • Deliverable: Estimated completion end of 2021 Proper signage & street visibility Mapleton Ventures Team 8 Sachin Wadhwa Managing Partner Zahid Naeem Managing Partner Mahmood Abbas Managing Partner Colin Tierney Real Estate Investment Manager Mark Hart Architects markhartarch.com Robert LeJeune | Jonathan Creel Bleyl Engineering bleylengineering.com Jason Rodgers Sabre Construction sabrecommercial.com Todd Reimers | Scott HerrNeckar.
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