818 Singleton Swc -Singletonblvd
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CONFIDENTIAL OFFERING MEMORANDUM Conceptual Rendering for Marketing Purposes Only 818 SINGLETON SWC - SINGLETON BLVD. & SYLVAN AVE. | DALLAS, TX LISTING TEAM SCOTT LAKE PARTNER-URBAN o: 214.526.3626 x 108 e: [email protected] & JAKE MILNER PARTNER-URBAN o: 214.526.3626 x 109 e: [email protected] Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 2 TABLE OF CONTENTS 4 .01 PROPERTY INFORMATION 8 .02 LOCATION OVERVIEW 15 .03 AREA DEVELOPMENTS 18 .04 DISCLAIMER Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 3 LOCATION OVERVIEW Levee818 Singleton7 is strategically is strategically positioned positioned in an irreplaceable in an irreplaceable urban location urban with location immediate with immediate access to accessthe city’s to most the city’s affluent most residen affluent- tialresidential neighborhoods, neighborhoods, top mixed-use top mixed-use amenities, amenities, and primary and roadways. primary roadways.Less than three Less milesthan threefrom Downtownmiles from Dallas,Downtown Uptown/ Dallas, TurtleUptown/ Creek, Turtle The Creek,Park Cities, The ParkLove Cities,Field Airport, Love Field Design Airport, District, Design The MedicalDistrict, District,The Medical and Trinity District, Groves, and Trinity the Property Groves, benefits the Property frombenefits a highly from coveted a highly last coveted mile location last milewith location unprecedented with unprecedented leasing demand. leasing demand. In addition the area immediacy surrounding 818 Singleton is quickly transforming into one of Dallas’ top mixed-use locations. In addition the area immediacy surrounding Levee 7 is quickly transforming into one of Dallas’ top mixed-use locations. Since Since 2005, over 1 million square feet of vintage industrial space within the submarket has been decommissioned and repur- 2005, over 1 million square feet of vintage industrial space within the submarket has been decommissioned and repurposed posed / redeveloped into highly successful multifamily, retail, and creative office. As the Design District continues its growth to / redeveloped into highly successful multifamily, retail, and creative office. As the Design District continues its growth to the the north, 818 Singleton is in an ideal position to capitalize on the areas rapid mixed -use evolution north, Levee 7 is in an ideal position to capitalize on the areas rapid mixed -use evolution TRINITY GROVES UPTOWN DOWNTOWN DESIGN DISTRICT Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 4 9 | DB2RE .01 PROPERTY INFORMATION w 818 SINGLETON 818 Singleton is located at the hard corner of Singleton Boulevard and Sylvan Street in the heart of one of the most rapidly changing & fastest growing urban infill markets in the entire DFW Metroplex. The submarket known as “Trinity Groves” – is a relatively small area located on the West banks of the Trinity River that expands from Singleton Blvd down to IH 30. Historically, the uses in this area have consisted of mainly Industrial users, but in 2012 when the Margaret Hunt Hill Bridge was completed along with Romano’s Trinity Groves restaurants, it caught the eyes of major Urban De- velopers from across the US who began purchasing land at a rapid pace for future re development. Current land pricing in nearby areas (Dallas Design District, Uptown, Deep Elum) is at an all time high, and developers have had phenomenal success meeting the demand in this submarket for Multi-Family, Office, and Mixed- Use properties complemented by unobstructed views of the Dallas skyline, while simultaneously being in the land at advantageous pricing. With over 5,400 units of Multi Family and a variety of exciting retail and restaurants being to date, and much more in the pipeline for 2021, the Trinity Goves market is well on it’s way to delivering one of the hottest live- work-play areas in the DFW Metroplex. Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 6 PROPERTY DETAILS TOTAL BUILDING SIZE: 74,283 SF TOTAL LAND SIZE: 251,776 SF ZONING: IR Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 7 818 S U R V E Y Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 8 .02 LOCATION OVERVIEW Any projections used are speculative in nature and do not represent the current or future performance of the site and therefore should not be relied upon. We make no guarantee or warranty regarding the information contained in this flyer. You and your advisors should perform a detailed, independent, investigation of the property to determine whether it meets your satisfaction and the Seller expressly disclaims any representation or warranty with respect to the accuracy of the Submission Items, and Buyer acknowledges that it is relying on its own investigations to determine the accuracy of the Submission Items. Davidson & Bogel Real Estate, LLC. 2021 10 11 w THE TRINITY RIVER PLAN The Trinity River Corridor Project is one of the most monumental public works and economic development projects ever attempted. As flood protection, rec- reation, environmental restoration, economic development, and major transpor- tation components converge along the Trinity River, and thousands of residents and visitors from around the world are experiencing this new and exciting desti- nation within the City of Dallas. Dallas’ glittering image is redefined by the many different aspects of the Trinity River corridor including wildlife habitat, wetlands, trails, the Great Trinity Forest, and amazing recreational facilities such as the Trinity River Audubon Center, Texas Horse Park, Trinity Forest Golf Club, and Ronald Kirk Bridge and Felix H. Lozada, Sr. Gateway. These “wild” areas and amenities are the framework stimulating a new style of urban development. Already, stunning condominiums and townhouses, modern office towers, and a variety of outdoor dining, and retail options have sprung up on both sides of the Dallas Floodway. (The floodway begins along I-30 to the north and ends slightly south of Corinth Street and