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Stunning Corporate Headquarters on Addison Airport

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Stunning Corporate Headquarters on Addison Airport Stunning Corporate Headquarters on Addison Airport 4 4 6 4 S i g m a R d., S u i t e 1 0 0 OFFERING MEMORANDUM D a l l a s , T e x a s 7 5 2 4 4 9 7 2 - 9 8 0 - 1 1 8 8 15505 Wright Brothers, Addison, Dallas County, TX 75001 www . Hu d s o n P e t e r s . c o m OPPORTUNITY AAA+ Corporate Headquarters Facility on Addison Airport. Completed just 6 years ago, this state of the art facility offers every amenity, an excellent mixture of open and private office, and above standard finishesthroughout. Thoughtfully designed, the property could be easily multi-tenanted allowing for a wide variety of flexible configurations. A separate building with training facility and hangar offers rare through the fence access to Addison Airport. Building Overview: 15505 Wright Brothers Irreplaceable Airport Location Private Open Executive Corporate SF Office Office Office Below Replacement Cost 1st Floor 32,992 40% 60% 0% 2nd Floor 32,992 46% 54% 0% State of the Art Amenities 3rd Floor 13,960 12% 17% 71% Total 79,944 Build Equity vs. Rent 15508 Wright Brothers Hangar SF Use 1st Floor 7,592 Training | Fitness Center 2nd Floor 7,500 Office | Leased to 3rd Party Hangar 13,440 Hangar Total 28,532 ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 2 PROPERTY OVERVIEW Corporate Building Hangar / Training Facility Headquarters Address 15505 Wright Brothers Dr. Hangar/ Training Facility 15508 Wright Brothers Dr. City/County/State Addison, Dallas County, TX 75001 Address, City/County/State Addison, Dallas County, TX 75001 East side of Wright Brothers, Additional Lot for Future 15504 Midway Road, Addison, Location directly across street from Midway Road Access Dallas County, TX 75001 Headquarters facility Land Area SF 45,280 SF East side of Midway Road between Wiley Post Location and Wright Brothers intersections with Rentable Square Footage 28,532 SF (per DCAD) additional frontage on Wright Brothers Hangar Door Height 20’ 221,894 SF with an additional 33,933 SF Land Area SF of vacant land for future expansion Hangar Door Width 80’ Rentable Square Footage 79,944 SF (per DCAD) 7,500 SF leased through 2nd Floor Lease 9/30/2020, $107,640 lease income, Parking Spaces 250 expandable by 78 on vacant lot 1 additional renewal for five years. 2 story office and training facility Parking Ratio 3.1/1,000 RSF, expandable to 3.91/1,000 RSF Brief Description of with large aircraft hangar with Improvements 3 story modern, well designed, high quality direct taxi way exposure Brief Description of corporate office building with land for future Improvements Year of Construction 1982-Remodeled in 2010 parking and access. Year of Construction 2010 Condition of Improvements Excellent—above standard finishes Corporate SF Hangar SF *See Page 14 for larger site 1st Floor 32,992 1st Floor - office 7,592 map 2nd Floor 32,992 2nd Floor - office 7,500 3rd Floor 13,960 Hangar 13,440 Total 79,944 Total 28,532 ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 3 PROPERTY DESCRIPTION Built with stone and glass this contemporary building has two wings. One wing is two stories with an efficient open office layout. The second wing features an additional third floor with executive offices and patios. Two centrally located elevators serve all three floors. The construction is excellent quality with features designed with long- term use in mind. The design consists of a combination of executive offices, private offices, open office areas, conference rooms, computer room and ancillary areas including lunch/break room, storage areas, hallways, common areas, fitness and bathroom facilities. An additional feature are several decks on the third floor. Exterior High End Travertine Stone Bronze Glass and Curtain Wall/Storefront Finishes: System Stainless Steel and Glass Handrail System Bronze Standing seam Metal Roof – 20 Year warranty Roof: Thermoplastic Polyolefin (TPO) Roofing System – 20 year warranty Shell is constructed from structural steel, Shell: composite concrete deck, concrete piers/slab, metal stud framing ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 4 PROPERTY DETAILS Interior Venetian Plaster and wood paneling Glass Mosaic Wall Tile Stainless Steel Wall Panels by Forms and Surfaces Oversized Floor Tile and Broadloom Carpet Finishes: High End Conference Room Glazing by Paragon Stainless Steel and Glass Handrail System by HDI Railing Systems Granite Countertops Motorized Window Shades and Automatic Solar Tracking Control System Shades on East Side LED Lighting Lighting: High End Specialty Indoor and Outdoor Fixtures by Louis Poulsen, Bega, Finelite, Color Kinetics, Zumtobel Elevator: Thyssen Krup manufacturer and maintenance 250 ton packaged Induced-Draft Cross Flow Cooling Tower HVAC: Trane Variable Air Volume Terminal Units Energy Management System and Direct Control System 480V l 3 phase l 250 KW Backup Power: Caterpillar diesel generator OPS system for computer facility Wet fire sprinkler system (recessed heads in most areas) Safety: Smoke detection system Access control by Lenel Systems Daiken HVAC Hangar door - 20’ high x 80’ wide Hangar: Overhead door to parking lot - 12’ wide x 21’ high Simplex Grinnell wet fire sprinkler system Creston lighting controls ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 5 PROPERTY PHOTOS MAIN HQ ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 6 PROPERTY PHOTOS HANGAR/TRAINING FACILITY ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 7 FLOOR PLAN FIRST FLOOR HQ ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 8 FLOOR PLAN SECOND FLOOR HQ ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 9 FLOOR PLAN THIRD FLOOR HQ ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 10 FLOOR PLAN FIRST FLOOR HANGAR ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 11 FLOOR PLAN SECOND FLOOR HANGAR ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 12 PLAT MAP ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 13 SITE MAP ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 14 ABOUT Addison is a suburb of Dallas and shares boundaries with Dallas, Carrollton, Farmers Branch and Richardson. It benefits from excellent access to a network of highways, tollways, and thoroughfares. There is a high percentage of commercial development providing a strong economic and tax base. Addison covers a 4.35 square mile area just North of Dallas Has more than 190 restaurants Addison has 24 hotels with over 4,500 rooms Addison has a population of only 16,000 residents, but its business and daytime population exceeds 100,000 a day Addison Airport is the 3rd largest general aviation airport in the country and boasts a runway of 7,200 feet DART mass transit operates currently with busses and a connection to the future Cotton Belt Rail Line Downtown Dallas 20 minutes South Legacy/Plano/Frisco 15 minutes North Las Colinas/Irving 18 minutes West Richardson Telecom Corridor 20 minutes East DFW Airport 18 minutes West Love Field 15 minutes ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 15 AREA AERIAL Additional Land Main HQ Midway Rd Midway Wiley Post Rd ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 16 AREA AERIAL ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 17 PARKING MAP Future Parking and Midway Entrance Main HQ ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 18 ADDISON AIRPORT Addison Airport (ADS) is conveniently located in the heart of the North ADS Services and Features: Dallas business district, close to Downtown Dallas, Plano Legacy Corridor, Richardson and Frisco. FAA Control Tower ADS is home to more than 650 based aircraft with 90,000+ annual operations. Serving the general-aviation public with two exceptional FBOs; an FAA control tower; 24-hour Customs services; and the only 24-hour U.S. Customs EMAS at a small airport in the Southwest. 7,200-foot runway to accommodate larger aircraft Two 24-hour full service fixed base operators: Million Air & Atlantic Aviation 24-hour security 650 based aircraft No touch-and-go training operations allowed Upscale hotels, restaurants & shopping Photo credit: Scott Slocum ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 19 REGIONAL MARKET INFORMATION The Dallas/Fort Worth Metroplex economy is well-diversified and internationally oriented. D/FW has historically been among the leading cities in the U.S. for attracting corporate relocations and creating new jobs. The vibrant economy along with the Metroplex’s strategic location midway between the East and West coasts, low business costs, diversified economic base, highly educated workforce, available capital, and efficient transportation system with a huge centrally located airport have attracted numerous corporate relocations. As firms continue to seek to cut costs while continuing to attract a talented employee base, it is expected that corporate relocations to Dallas/Fort Worth will continue to accelerate. Aspects that make DFW an ideal business location include: The region’s location in the Central Time Zone, lengthens the productive working day No state income tax DFW International Airport (the third-busiest in the world and home to American Airlines, the world’s largest airline), Fort Worth Alliance Airport (one of the largest freight- only airports and master-planned distribution systems in the world) and Dallas’s Love Field (home to Southwest Airlines, the preeminent low-fare carrier in the United States)
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