Lake Park Villages

Total Page:16

File Type:pdf, Size:1020Kb

Lake Park Villages LAKE PARK VILLAGES NET LEASED INVESTMENT GROUP 3050 County Road 427, Tyler, TX 75704 ❖ $TBD By Market ❖ 100% Occupancy ❖ 25 Duplexes / 50 Units ❖ 2017 YOC ❖ Assumable HUD Loan ❖ Non-Recourse Loan with 39 Years Left CAPITAL ADVISORS® ❖ Great Cash-on-Cash ❖ No Loan Assumption Fee Investment (Low Down Payment) Table of Contents TABLE OF CONTENTS NET LEASED INVESTMENT GROUP PAGE 3 Offering Summary PAGE 4 Property Description PAGE 5-6 Additional Photos PAGE 7 Location/Aerial PAGE 8 Floor Plan PAGE 9 Site Plan PAGE 10 Loan Terms/Schedule PAGE 11-12 Proforma - Income & Expense PAGE 13 Demographics PAGE 14 Map PAGE 15-16 Tyler, TX Information PAGE 17-18 Agent Bios PAGE 19 Contact Us 2 Offering Summary OFFERING SUMMARY Offering Price Market to Determine Value Year 1 NOI (Proforma) $552,264 Land Area 7.60 Acres Terms Assumption No. Units 50 NET LEASED INVESTMENT GROUP Square Feet 69,800 Average Unit Size 1,396 Developed 2017 Buildings 25 Stories 1 Average Market Rent / Unit (Proforma) $1,350 Average Market Rent / Sqft (Proforma) $0.97 Current Occupancy 100% ASSUMABLE HUD LOAN TERMS Amortization 40 Years Fixed 40 Years Remaining Term 39 Years Rate 3.95% Assumption Fee None Yr 2 Annual Debt Service (Plus Insurance) $437,218 Principal Balance $8,312,351 3 Property Description PROPERTY DESCRIPTION PROPERTY DESCRIPTION The CBC Texas Multifamily Group has been exclusively retained to offer for purchase the Lake Park Villages located at 3050 County Road 427 in Tyler, Texas. The Lake Park Villages is a 1-story gated duplex community strategically located in Northwest Tyler, within two (2) miles from Caldwell Zoo, within two (2) miles from Willow Brook Country Club, and within a ten- minute drive to the TylerNET Pounds LEASED Regional INVESTMENT Airport. The offering GROUP of this 50- unit asset provides investors with an opportunity to purchase a stabilized, newly constructed community, in an emerging neighborhood in Tyler. With no upgrades needed, Lake Park Villages is positioned to effectively compete with the surrounding properties and remain a long-term, consistently performing asset. UNIT MIX and RENTAL RATES Scheduled Scheduled # Of Sq. Ft. per Scheduled Residential Units Rent per Rents per Total SF Units Unit Rent per SF Unit Month UNIT FEATURES: COMMUNITY FEATURES: 3 Bedroom x 2 Bath x 1 Car Garage 50 $1,350 $67,500 1,396 $0.97 69,800 • Modern Vinyl Flooring • Private Garages Totals/Averages 50 $1,350 $67,500 1,396 $0.97 69,800 • Granite Countertops • Gated Community • Large Floor Plans • Close to Schools and Parks • Walk in Closets • Large lawns for recreational use • Full Sized Shower / Bathtub • Clean landscaping UTILITIES • Open living space • Close to multiple large employers Each unit is individually metered and tenants are responsible for all of their • Stainless Steel Appliances • Near several popular shopping destinations utilities (electric, water, and gas). • Full Size Pantry 4 Great Location GREAT LOCATION NET LEASED INVESTMENT GROUP LOCATION “From humble beginnings 150 years ago on a piece of high ground that is now the Goodman House town square, Tyler has grown to be the largest community in East Texas. Boasting an MSA population of over 225,000, Tyler offers the cultural diversity, quality education, health care, and recreational opportunities of a large city with the hometown friendliness and quality of life of a small community.” Tyler Chamber of Commerce Lake Park Village is strategically positioned in Northwest Tyler located within two (2) miles from Caldwell Zoo, within two (2) miles from Willow Brook Country Club, and within a ten-minute drive to the Tyler Pounds Regional Airport and downtown Tyler. The following are a sample of the shopping and dining options near the property: Walmart, Whataburger, Dollar General, Long John Silver’s, Subway, McDonald’s, Chase Bank, Dairy Queen, Starbucks, Walgreens, IHOP, Popeye’s, and many more. Lake Park Village is located less than 15 minutes from the Tyler medical district. “Serving as the health care center for East Texas, Tyler is home to some of medicine's most advanced care. Tyler has four hospitals including a Level I trauma center.” Tyler Chamber of Commerce 7 Floorplan NET LEASED INVESTMENT GROUP 8 Site Plan TEXAS MAP NET LEASED INVESTMENT GROUP 9 Loan Terms and Schedule LOAN ASSUMPTION HIGHLIGHTS • HUD Section 221(d)4 • Current Loan Balance of $8,312,351 • Fixed Interest Rate @ 3.95% • Fully amortizing for 40 years (39 Years Remaining) NET LEASED INVESTMENT GROUP • Non-recourse Permanent Loan • Assumable subject to FHA approval • No Assumption Fee • Year 1 Total Debt Service = $437,218 *MORTGAGE INSURANCE PREMIUM • 0.65% of the outstanding principal balance calculated annually. Reductions in MIP are available for qualified Green/Energy Efficient Housing or affordable restriction on 10% of the units 10 Income & Expenses UNDERWRITING PROFORMA NET LEASED INVESTMENT GROUP 11 10-Year Proforma UNDERWRITING PROFORMA NET LEASED INVESTMENT GROUP 12 Demographics NET LEASED INVESTMENT GROUP 13 Texas Map TEXAS MAP NET LEASED INVESTMENT GROUP 14 Tyler, TX LUBBOCK INFORMATION “Smith County was one of the many counties created by the first Texas Legislature in April of 1846. At that time, an area centrally located in the county and on a hilltop was selected as the county seat. The county seat was named Tyler for President John Tyler, in recognition of his support for admitting Texas to the United States. Tyler continued to grow and prosper throughout the second half of the 20th Century. Today, Tyler has a population of more than 108,063 and covers 57.16 square miles. The city is considered the NET LEASED INVESTMENT GROUP manufacturing, health care, educational and retail center of East Texas. Tyler is a prosperous and growing city, offering big city amenities, while still maintaining its pleasant and friendly small-town charm. Located 90 miles east of Dallas on Interstate Highway 20, the city of Tyler lies within a short distance of several lakes and surrounding woodlands. Tyler has a variety of museums, historic homes, a nationally recognized zoo and symphony. The city has 26 parks, 22 area sporting lakes, 66 tennis courts, 26 baseball fields, 15 soccer fields, and 9 golf courses. There are more than 250 restaurants, 2,200 hotel rooms and countless shops and antiques for the serious shopper. Each spring enjoy mile after mile of azaleas, dogwood trees and spring flowers that you have to see to believe during the annual Azalea and Spring Flower Trail. The breathtaking beauty of our Azalea and Spring Flower Trail has been praised by visitors as a floral wonderland and a photographer's paradise. In the fall, Tyler celebrates the rose with the annual Texas Rose Festival. Rich in heritage and tradition, the Festival offers enchanting ceremonial events including the Queen’s Coronation, the Rose Show, the Queen's Tea, the Rose Parade and more. All of these events are amidst a backdrop of brilliant roses as vibrant and colorful as the community they represent.” - https://www.cityoftyler.org 15 Local Universities LUBBOCK INFORMATION “The University of Texas at Tyler (also referred to as UT Tyler) is a coeducational public university located in Tyler, Texas, United States. Founded in 1971, it is a component institution of The University of Texas System. UT Tyler consists of four professional colleges and one traditional college of arts and sciences, offering over 90 academic degree programs at the bachelor, master, and doctoral levels. The University of Texas at Tyler is accredited by the Southern Association of Colleges and Schools. The university has a fall 2017 student body enrollment of 10,527, a 20:1 student to faculty ratio,NETand a parkLEASED-like campus INVESTMENTcentered on Harvey GROUPLake.” - https://en.wikipedia.org/wiki/University_of_Texas_at_Tyler Tyler Junior College is a two-year community college in Tyler, Texas, United States. TJC is one of the largest community colleges in Texas, with an enrollment of more than 12,000 credit students each year with an additional 20,000 continuing education enrollments annually. Its West Campus includes continuing education and workforce training programs. The College also operates satellite centers in Jacksonville and Lindale. TJC offers Associate in Arts, Associate in Applied Science and Associate of Arts in Teaching degrees, as well as tech prep and certificate programs. - https://en.wikipedia.org/wiki/Tyler_Junior_College Texas College is an accredited historically black four-year college located in Tyler, Texas that is affiliated with the Christian Methodist Episcopal Church and the United Negro College Fund. On January 9, 1894, Texas College was founded by a group of ministers affiliated with the Christian Methodist Episcopal (CME) Church, a predominantly black denomination. Texas College offers bachelors degree programs in art, biology, business administration, computer science, English, education, history, mathematics, music, nursing, physical education, political science, liberal studies, social work and sociology. Also available are Associate of Arts degrees in early childhood education and general studies, as well as an alternative certification teacher education program for people with bachelors degrees.” -https://en.wikipedia.org/wiki/Texas_College 16 Taylor Tucker, CCIM NET LEASED INVESTMENT GROUP 17 Chase Tucker, CCIM NET LEASED INVESTMENT GROUP 18 LAKE PARK VILLAGES 3050 County Road 427, Tyler, TX 75704 If you would like more information on the Lake Park Villages - Please contact us. Our Team: Texas Multifamily Group 4924 S. Loop 289 Taylor Tucker, CCIM Chase Tucker, CCIM Rick Canup, CCIM Director Director Owner / CEO Lubbock, TX 79414 Phone: 806.784.3260 Phone: 806.784.3268 Phone: 806.784.3304 806.784.3268 Cell: 806.319.2602 Cell: 806.470.4988 Cell: 806.438.8188 [email protected] [email protected] [email protected] LINKS: www.TexasMultifamilyGroup.com www.Twitter.com/CBCTexasApts www.CBCCapitalAdvisors.com CAPITAL ADVISORS®.
Recommended publications
  • 2017 Scholarship Reception May 11, 2017 at Marvin United Methodist Church Welcome!
    East Texas Communities Foundation 2017 Scholarship Reception May 11, 2017 at Marvin United Methodist Church Welcome! East Texas Communities Foundation is pleased to honor the 86 new recipients of scholarships awarded for the 2017-18 academic year. These students were selected from almost 1,400 applicants for 48 different scholarships. Their awards total $122,000. In addition to this evening’s honorees, 32 renewing scholarship recipients will be awarded $73,500 to continue their education. The total amount of scholarship money East Texas Communities Foundation will distribute for the coming school year is $196,400. Our Purpose ETCF works with individuals, families, businesses, financial advisors and nonprofit organizations to create charitable funds which support a wide variety of community causes and individual philanthropic interests. To create your legacy contact ETCF at 903-533-0208 or email [email protected] Our Mission East Texas Communities Foundation supports philanthropy by offering simple ways for donors to achieve their long-term charitable goals. PROGRAM 5:30 Reception 5:45 Welcome Kyle Penney President, East Texas Communities Foundation 5:50 Remarks Doug Bolles Board Chair, East Texas Communities Foundation 5:55 Speaker Barbara Bass, C.P.A. Partner, Gollob Morgan Peddy P.C., former Mayor of Tyler, 2008-2014 6:05 Awards Mary Lynn Smith Program Officer, East Texas Communities Foundation Our Purpose ETCF works with individuals, families, businesses, financial advisors and nonprofit organizations to create charitable funds which support a wide variety of community causes and individual philanthropic interests. To create your legacy contact ETCF at 903-533-0208 or email [email protected] Follow us on Facebook: www.facebook.com/SimplifiedGiving Adam Carroll Scholarship Established in 2002 with gifts from the family and friends of Adam Carroll, this scholarship honors the memory of a young man known for his love of people, his zest for life, and his love of sports.
    [Show full text]
  • Bibliography of Smith County, Texas History Resources
    University of Texas at Tyler Scholar Works at UT Tyler Bibliography of Smith County, Texas History Resources 2016 Bibliography of Smith County, Texas--O-S Vicki Betts University of Texas at Tyler, [email protected] Follow this and additional works at: https://scholarworks.uttyler.edu/smco_bib Recommended Citation Betts, ickV i, "Bibliography of Smith County, Texas--O-S" (2016). Bibliography of Smith County, Texas. Paper 3. http://hdl.handle.net/10950/364 This Article is brought to you for free and open access by the History Resources at Scholar Works at UT Tyler. It has been accepted for inclusion in Bibliography of Smith County, Texas by an authorized administrator of Scholar Works at UT Tyler. For more information, please contact [email protected]. Bibliography of Smith County, Texas--O-S Based on the original work compiled by Sarah H. Harper and edited by Frank H. Smyrl, 1977 Updated by Vicki Betts, January 1, 2011. * Tyler Public Library % Smith County Historical Society Archives & Texas College Library # Tyler Junior College Library + University of Texas at Tyler Library Jump to: Obituaries Organizations—Masonic Organizations—Odd Fellows Organizations—Others Periodicals Photograph, Sketch, and Postcard Collections Politics Post Offices Probate Records Reconstruction Religion—General Religion—Baptist Religion—Catholic Religion—Christian Methodist Episcopal Religion—Church of Christ Religion—Church of God in Christ Religion—Disciples of Christ Religion—Episcopal Religion—Jews Religion--Lutheran Religion—Methodist Religion--Muslim Religion—Presbyterian Roses and Rose Festival Spanish-American War Sports—General Sports—Baseball Sports—Basketball Sports—Fishing, the Fish Hatchery, and Boating Sports--Football Sports--Golf Sports—Hunting Sports—Tennis OBITUARIES Conaway, Lorene West, comp.
    [Show full text]
  • Revitalize. Reinvest. Renew. City of Tyler, Texas Comprehensive Annual Financial Report for the Fiscal Year Ended September 30, 2018
    REVITALIZE. REINVEST. RENEW. CITY OF TYLER, TEXAS COMPREHENSIVE ANNUAL FINANCIAL REPORT FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2018 TABLE OF CONTENTS EXHIBIT/ SCHEDULE PAGE(S) INTRODUCTORY SECTION Letter of Transmittal i-vii GFOA Certificate of Achievement for Excellence In Financial Reporting viii Organizational Chart ix List of Principal Officials x FINANCIAL SECTION Independent Auditors’ Report 1-3 Management’s Discussion and Analysis 4-12 Basic Financial Statements: Government-Wide Financial Statements: Statement of Net Position 1 14 Statement of Activities 2 15 Fund Financial Statements: Balance Sheet – Governmental Funds 3 16 Reconciliation of the Governmental Funds Balance Sheet to the Statement of Net Position 4 17 Statement of Revenues, Expenditures, and Changes in Fund Balances – Governmental Funds 5 18 Reconciliation of the Statement of Revenues, Expenditures, and Changes in Fund Balances of Governmental Funds to the Statement of Activities 6 19 Statement of Revenues, Expenditures, and Changes in Fund Balances – Budget and Actual – General Fund 7 20-21 Statement of Net Position – Proprietary Funds 8 22 Statement of Revenues, Expenses, and Changes in Net Position – Proprietary Funds 9 23 Statement of Cash Flows – Proprietary Funds 10 24 Statement of Net Position – Fiduciary Funds 11 25 Statement of Changes in Net Position – Fiduciary Funds 12 26 Notes to the Financial Statements 28-68 Required Supplemental Information: Schedule of Changes in Net Pension Liability and Related Ratios A-1 70 Schedule of Contributions A-2 71 Schedule
    [Show full text]
  • Community Profile
    COMMUNITY PROFILE www.tedc.org TABLE OF CONTENTS Attractions 3 Climate 8 Cost of Living 9 Demographics 11 Education 13 Finance 17 Government 20 Location 23 Media 24 Medical 27 Office Market 29 Real Estate 30 Retail 32 Retirement 34 Taxes 35 Technology 38 Transportation 40 Utilities 45 Workforce 47 2 ATTRACTIONS ANNUAL EVENTS Annual Event Occurrence Azalea Spring & Flower Trail March Azalea 10K, Fun Run April Cattle Baron's Gala June Downtown Tyler Film Festival October East Texas State Fair September Festival on the Square October Four Winds Renaissance Faire March-April Mistletoe and Magic November Parade of Homes June Taste of Tyler March Texas Rose Festival October Tyler Area Chamber Golf Tournament September Tyler Jaycee's 4th of July Celebration July Tyler's Komen Race for the Cure May PERFORMING ARTS Performing Art Description Phone Caldwell Auditorium Hosts various performances; (903) 262- 300 South College Ave. managed by Tyler ISD 2300 East Texas Symphony Offers concerts and youth (903) 592- Orchestra concerts 3876 107 E. Erwin R. Cowan Fine & Houses Vaughn Auditorium, Performing Arts Center Braithwaite Recital Hall, (903) 566- 3900 University Blvd. Meadows Art Gallery, & White 7424 Lobby Tyler Civic Chorale Provides choral music, fall and (903) 597- 230 W. Rusk spring concerts offered 6317 Ballet Tyler Provides opportunities for dancers and East Texas (903) 596- audiences to experience the 0224 fine art of dance Tyler Civic Theater Center The first theatre in America 400 Rose Park Drive designed for production of (903) 592- theatre-in-the-round 0561 3 ATTRACTIONS HISTORIC SITES Historic Site Description Phone Camp Ford Historical Park Largest Confederate Prisoner (903) 592- Hwy 271 & Loop 323 of War camp west of the 5993 Mississippi Cottonbelt Train Depot Restored depot, built in 1905, (903) 533- 210 Oakwood houses railroad memorabilia 8057 Dewberry Plantation Antebellum home built (903) 825- 14007 FM 346 West between 1852 and 1854 9000 Bullard, TX 75757 McClendon House Victorian home built in 1878 806 W.
    [Show full text]
  • Tyler, Texas Tyler, Texas Coming up Roses
    TYLER, TEXAS TYLER, TEXAS COMING UP ROSES Tyler, Texas, is known as the Rose Capital of America. Each October, the Texas Rose Festival provides a positive economic impact of $2.5 million. ‐ The largest employers in Tyler are healthcare related. CHRISTUS Trinity Mother Francis Health System and UT Health East Texas, employ more than 3,600 people. ‐ The Brookshire Grocery Company and Cavender’s Boot City both have their corporate headquarters in Tyler. Other major employers include Suddenlink and Target Distribution Center. ‐ Tyler is home to three universities and colleges including University of Texas at Tyler, Tyler Junior College, and Texas College with multiple campuses in the trade area with combined enrollment of more than 22,500 students. STELLAR OFFERINGS Broadway Square® has built its reputation over the last 45 years by oering the best shopping in East Texas. ‐ Broadway Square is the fashion destination of choice for Tyler and the surrounding area. ‐ Broadway Square is an exceptional climate- controlled, indoor shopping destination. ‐ Shopper amenities include: nursing mother lounges, complimentary wheelchairs, family restrooms, children's play area, and ample parking, including reserved parking for veterans and expectant mothers. ‐ Located in the heart of Tyler at the intersection of Loop 323 and Broadway Avenue. BY THE NUMBERS Anchored by Five Major Retailers Dick's Sporting Goods, Dillard’s, HomeGoods, JCPenney, Party City Square Footage Broadway Square spans 605,000 square feet. Single Level Boasting more than 60 specialty stores. Four Restaurants Bobaloompia at the Mall, Twisted Root Burger Company, Mandarin Express, Chick-l-A Four Out-Parcel Restaurants BJ’s Restaurant & Brewhouse, Chipotle Mexican Grill, Longhorn Steakhouse, On The Border IN GOOD COMPANY Distinctive.
    [Show full text]
  • BENEFITS SUMMARY for PROSPECTIVE EMPLOYEES FULL-TIME
    BENEFITS SUMMARY for PROSPECTIVE EMPLOYEES FULL-TIME Greetings from Tyler Junior College! We are excited that you are considering employment here at TJC and want to assist you in the decision making process. This guide provides an overview of the many value- added benefits to which employees of TJC have access. Should you have further questions feel free to contact Human Resources at 903.510.2419. SALARIES TJC is committed to providing salaries that meet or exceed the minimum livable wage for Smith County Texas based on the terms for a full-time, regular, 12-month contract. Salaries for FULL-TIME FACULTY positions are objectively based upon education and experience per the Tyler Junior College Faculty Salary Schedule. BENEFITS Employees of Tyler Junior College have a comprehensive health and retirement benefits package that is offered through the Employee Retirement System of Texas (ERS). You can find out more information at Benefits at a Glance. Full-time employee benefits cover health insurance at 100% for employee and discounted health insurance for dependents. Additional optional coverages include: dental, vision, AD&D, life insurance, and long- and short-term disability. Other benefits include retirement under the Teacher Retirement System of Texas (TRS) or the Optional Retirement Program (ORP), an optional supplemental college-matching retirement program, accrued sick leave, vacation, paid holidays, and an employee tuition remission/dependent scholarship program (subject to policy regulations). Health and leave benefits require a 60-day employment period. INSURANCE Health Medical Employee's premium is fully funded by the College and State. Dependent premiums are funded 75% by the College and State and 25% by the employee.
    [Show full text]
  • Gleaux Car Wash 2412 Oak Creek Blvd Tyler, TX 75703 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY
    1 Gleaux Car Wash 2412 Oak Creek Blvd Tyler, TX 75703 2 SANDS INVESTMENT GROUP EXCLUSIVELY MARKETED BY: JESS KAPPLEMAN ELAN SIEDER MAX FREEDMAN Lic. # 701105 Lic. # 678407 Lic. # 644481 512.856.7719 | DIRECT 512.649.5185 | DIRECT 512.766.2711 | DIRECT [email protected] [email protected] [email protected] 305 CAmp CrAFt RoAd, Suite 550 WestlAke Hills, TX 78746 844.4.SIG.NNN www.SIGnnn.com In Cooperation With Sands Investment Group Austin, LLC Lic. # 9004706 BoR: Max Freedman - Lic. # 644481 SANDS INVESTMENT GROUP 3 TABLE OF CONTENTS 04 06 07 12 14 INVESTMENT OVERVIEW LEASE ABSTRACT PROPERTY OVERVIEW AREA OVERVIEW TENANT OVERVIEW Investment Summary Lease Summary Property Images Demographics Tenant Profile Investment Highlights Rent Roll Location, Aerial & Retail Maps City Overview © 2021 Sands Investment Group (SIG). The information contained in this ‘Offering Memorandum’, has been obtained from sources believed to be reliable. Sands Investment Group does not doubt its accuracy; however, Sands Investment Group makes no guarantee, representation or warranty about the accuracy contained herein. It is the responsibility of each individual to conduct thorough due diligence on any and all information that is passed on about the property to determine its accuracy and completeness. Any and all proJections, market assumptions and cash flow analysis are used to help determine a potential overview on the property, however there is no guarantee or assurance these proJections, market assumptions and cash flow analysis are subJect to change with property and market conditions. Sands Investment Group encourages all potential interested buyers to seek advice from your tax, financial and legal advisors before making any real estate purchase and transaction.
    [Show full text]
  • Fedex Express Distribution Facility Last Mile Distribution Building Absolute Nnn Lease Tyler, Tx
    INVESTMENT OPPORTUNITY FEDEX EXPRESS DISTRIBUTION FACILITY LAST MILE DISTRIBUTION BUILDING ABSOLUTE NNN LEASE TYLER, TX Color Scheme RGB R:145 / G:0 / B:40 CMYK C:0 / M:100 / Y:65 / K:47 RGB R:119 / G:120 / B:123 OFFERED AT: $2,742,000 | 5.50% CAP CMYK C:0 / M:0 / Y:0 / K65 Fonts GOTHAM/ BLACK GOTHAM/ MEDIUM GOTHAM/ LIGHT EXECUTIVE SUMMARY TENANT OVERVIEW PORTFOLIO OVERVIEW TABLE OF CONTENTS EXECUTIVE SUMMARY 3 Offering Summary 4 Investment Highlights 5 Lease Summary & Rent Schedule PROPERTY INFORMATION 6 Location Maps 7 Building Layout 8 Aerials TENANT OVERVIEW 9 About FedEx AREA OVERVIEW 10 Tyler Overview Confidentiality Agreement & Disclosures EXCLUSIVELY REPRESENTED BY RYAN BARR | Principal RYAN BENNETT | Principal 760.448.2446 760.448.2449 [email protected] [email protected] CA Lic#01338994 CA Lic#01826517 Color Scheme RGB R:145 / G:0 / B:40 CMYK C:0 / M:100 / Y:65 / K:47 RGB R:119 / G:120 / B:123 CMYK C:0 / M:0 / Y:0 / K65 Fonts GOTHAM/ BLACK GOTHAM/ MEDIUM GOTHAM/ LIGHT Listed in conjunction with Texas real estate broker DZ Net Lease Realty, LLC license BR00047228. FEDEX DISTRIBUTION FACILITY | Tyler, TX | 2 EXECUTIVE SUMMARY PROPERTY INFORMATION TENANT OVERVIEW AREA OVERVIEW • Offering Summary • Investment Highlights Lease Summary & Rent Schedule -- OFFERING SUMMARY -- INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW Offering Price: $2,742,000 3320 Robertson Rd Address: Net Operating Income: $150,834 Tyler TX 75701 Cap Rate: 5.50% Property Size: Approx 26,232 Sq Ft Price/SF: $104 Land Size: 3.45 Acres Lease Type: Absolute NNN Ownership: Fee Simple LL Responsibilties: None Year Built: 1995 APN: 1-50000-0852-20-003010 Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land & building) in a FedEx Express S SW LOOP 323 investment property located in Tyler, TX (the “Property”).
    [Show full text]
  • Tyler, Texas Tyler, Texas Coming up Roses
    BUSINESS CARD DIE AREA 225 West Washington Street Indianapolis, IN 46204 (317) 636-1600 simon.com Information as of 5/1/16 Simon is a global leader in retail real estate ownership, management and development and an S&P 100 company (Simon Property Group, NYSE:SPG). TYLER, TEXAS TYLER, TEXAS COMING UP ROSES Tyler, Texas, is known as the Rose Capital of America. Each October, the Texas Rose Festival provides a positive economic impact of $2.5 million. — The largest employers in Tyler are healthcare related. East Texas Medical Center, Trinity Mother Francis Health System, and UT Northeast employ more than 3,600 people. — The Brookshire Grocery Company and Cavender’s Boot City both have their corporate headquarters in Tyler. Other major employers include Suddenlink and Target Distribution Center. — Tyler is home to three universities and colleges including University of Texas at Tyler, Tyler Junior College, and Texas College with multiple campuses in the trade area. STELLAR OFFERINGS Broadway Square has built its reputation over the last 40 years by offering the best shopping in East Texas. — Broadway Square is the fashion destination of choice for Tyler and the surrounding area. — Twisted Root Burger Company opened Fall 2016, adding another delicious dining option. — Broadway Square is an exceptional climate- controlled, indoor shopping destination. — Shopper amenities include: nursing mother lounges, complimentary wheelchair rentals, family restrooms, and ample parking, including reserved parking for veterans and expectant mothers. — Located in the heart of Tyler at the intersection of Loop 323 and Broadway Avenue. BY THE NUMBERS Anchored by Three Department Stores Dillard’s, JCPenney, Sears Square Footage Broadway Square spans 629,000 square feet.
    [Show full text]
  • Activity Guide WELCOME to the ROSE CAPITAL of AMERICA! Enjoy Your Visit Totyler
    TYLER, TEXAS Activity Guide WELCOME TO THE ROSE CAPITAL OF AMERICA! Enjoy Your Visit toTyler Red Dirt BBQ & Music Festival Cover Photo By Scott W. Coleman Inside Front Flap Photo By Charlie Stout TJC-Center for Earth and Space Science Education Museums With a goal toward education and preservation, Tyler area museums offer scientific, artistic, cultural and historical significance. Not to mention-just good, clean family fun! American Freedom Museum Featuring the Hall of Presidents and the Hall of American Freedom, this unique interactive museum documents our nation’s military from the American Revolution to the sands of Iraq. Visitors will find over 640 unique artifacts, including a lock of George Washington’s hair, a fully equipped Huey helicopter, and may actually board a C-47 paratrooper plane from WWII. 903.894.5252 The Brook Hill School 1051 North Houston, Bullard www.americanfreedommuseum.org Brookshire’s World of Wildlife Museum and Country Store Over 450 mounted examples of wildlife and replica of a 1920’s grocery store. Picnic and playground facilities available. 903.534.2169 WSW Loop 323 & Old Jacksonville Hwy www.brookshiresmuseum.com Camp Ford A historical marker identifies the largest prisoner of war compound used for union troops west of the Mississippi River. History buffs will enjoy a replica of a prisoner of war cabin, hiking trails and educational storyboards. 903.592.5993 Hwy 271 & Loop 323 www.smithcountyhistoricalsociety.org Discovery Science Place Cotton Belt Railroad Depot Railroad memorabilia museum showcasing the St. Louis Southwestern (Cotton Belt) Railroad Depot, built in 1905. Open Thursday-Saturday 10am-4pm. Free admission, donations accepted.
    [Show full text]
  • City Engineer City of Tyler, Texas
    CITY ENGINEER CITY OF TYLER, TEXAS EXECUTIVE SEARCH PROVIDED BY THE COMMUNITY Since its incorporation in 1850, the City of Tyler, Texas has attracted spread through 10 miles of residential gardens and historic home visitors from all walks of life to experience its breathtaking blooms, sites. dazzling lakes, and seemingly endless backdrop of piney woods. Thanks to a robust regional economy, vibrant technology sector, Speaking of the outdoors, the City is surrounded by 25 prime and charming hometown feel, the City has been enticing many of sporting lakes offering wonderful opportunities for fishing and these same visitors to stay and grow roots by showing them just boating. Golf enthusiasts will find a variety of clubs in the immediate how much their lives can blossom here. area, providing a delightful mix of private and public courses. Tyler also offers 25 city parks, with playgrounds, athletic fields, walking Strategically positioned halfway between the Dallas/Ft. Worth and bicycle trails, and many more perks. The renowned Tyler State Metroplex and Shreveport, Louisiana, Tyler was named after Park draws outdoor enthusiasts from across the region with its 985 President John Tyler and is the county seat of Smith County. With acres of woods that surround a majestic spring-fed lake. a population of 107,000 and boasting more than 235,000 people in its greater metropolitan area, the City is the most populous The City’s public education needs are served by the highly-rated municipality in Northeast Texas. While Tyler is known as the Tyler Independent School District (TISD), which encompasses 193 official Rose Capitol of America – one-third of all commercially square miles, maintains a total of 36 campus and auxiliary facilities, grown rose bushes in America are produced within a 50-mile and serves an enrollment of over 18,000 students.
    [Show full text]