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Build to Suit Or Ground Lease Opportunity BUILD TO SUIT OR GROUND LEASE OPPORTUNITY Marc Peeler Vice President FORMER WHATABURGER Rick Ragan 2830 W WASHINGTON ST. | STEPHENVILLE, TX 76401 Associate INVESTMENT SALES INVESTMENT PROPERTY DETAILS HIGHLIGHTS: • Major Thoroughfare – The subject property is situated on FORMER WHATABURGER Hwy 377 which is the main highway entrance point to the city. 2830 W Washington St., Address Stephenville, TX 76401 • Strong Surrounding Retailers – Walmart Supercenter, Aldi Year Built 1987 Grocery, HEB, McDonald’s, Panda Express, Whataburger, Planet Fitness, Burger King, Wingstop, Starbucks, Chili’s, Taco Land Area 1.2 Acres Bell are some of the national tenants that surround the asset. Building Size 4,123 SF Best Western & La Quinta are located on the west and east side of the property. VPD 26k+ Median HH Income $58,155, $52,687, $52,408 • Proximity to Tarleton State University – The University was (1,3,5 mile) recently classified as Division 1 with approximately 14,000 Average Population 2,112, 21,085, 25,837 students. (1,3,5 mile) • Excellent Ingress & Egress- The property is situated with 220 ft of frontage on Washington Ave, double drive-thru along with convenient entrance and exit to the site. 2 AERIAL VIEW The Grove Apartments Henderson Jr High School N WOLFE NURSERY RD 67 W FREY 377 R P NORTHWEST LOOP HI W W WASHINGTON ST 26,178ST-Gobain VPD Abrasives Inc. 2830 W WASHINGTON ST S LOCKHART RD Bosque River Apartments Green Creek Nursery 3 N WOLFE NURSERY RD AERIAL VIEW 377 Cash Plus Pawn Cowboy Cones W WASHINGTON ST 26,178 VPD Pastafina S LOCKHART RD 2830 W WASHINGTON ST 4 5 MEET THE TEAM MARC PEELER RICK RAGAN Vice President Associate Investment Sales Investment Sales [email protected] [email protected] 281.477.4307 281.477.4309 The NewQuest Investment Sales Group provides clients (Owners & Investors) with unparalleled access to our extensive relationships with major real estate investors including pension funds and their advisors, REIT, domestic and foreign entities, wealthy private investors, investment funds and developers. 6 NON-ENDORSEMENT AND DISCLAIMER NOTICE CONFIDENTIALITY AND DISCLAIMER The information contained in the following marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from NewQuest Properties and should not be made available to any other person or entity without the written consent of NewQuest Properties. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. NewQuest Properties has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size square footage of the property and improvements, presence or absence of contaminating substances, PCB‘s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenants plans or intentions to continue it’s occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, NewQuest Properties has not verified, and will not verify, any of the information contained herein, nor has NewQuest Properties conducted any investigation regarding these matters and makes no warrantee or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all the information set forth herein. NewQuest Properties is a service mark of NewQuest Properties Real Estate Investment Services, Inc. © 2018 NewQuest Properties. All rights reserved. THE TEXAS REAL ESTATE COMMISSION (TREC) REGULATES REAL ESTATE BROKERS AND SALES AGENTS, REAL ESTATE INSPECTORS,HOME WARRANTY COMPANIES, EASEMENT AND RIGHT-OF-WAY AGENTS AND TIMESHARE INTEREST PROVIDERS. YOU CAN FIND MORE INFORMATION AND CHECK THE STATUS OF A LICENSE HOLDER AT WWW.TREC.TEXAS.GOV. YOU CAN SEND A COMPLAINT AGAINST A LICENSE HOLDER TO TREC. A COMPLAINT FORM IS AVAILABLE ON THE TREC WEBSITE. TREC ADMINISTERS TWO RECOVERY FUNDS WHICH MAY BE USED TO SATISFY A CIVIL COURT JUDGMENT AGAINST A BROKER, SALES AGENT, REAL ESTATE INSPECTOR, OR EASEMENT OR RIGHT-OF-WAY AGENT, IF CERTAIN REQUIREMENTS ARE MET. IF YOU HAVE QUESTIONS OR ISSUES ABOUT THE ACTIVITIES OF A LICENSE HOLDER, THE COMPLAINT PROCESS OR THE RECOVERY FUNDS, PLEASE VISIT THE WEBSITE OR CONTACT TREC AT: TEXAS REAL ESTATE COMMISSION P.O. BOX 12188 AUSTIN, TEXAS 78711-2188 512.936.3000 NON-ENDORSEMENT NOTICE NewQuest Properties is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of NewQuest Properties, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of NewQuest Properties, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR NEWQUEST PROPERTIES AGENT FOR MORE DETAILS..
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