±3.2 Acres NEAR US-59 & KINGWOOD DR

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±3.2 Acres NEAR US-59 & KINGWOOD DR Luling Smoke House BBQ Flagship 494 Carwash Amedeo’s Italian Nico’s Bar & Grill Kingwood Cove Golf Club B& G Liquor SORTERS MCCLELLAN RD KINGWOOD MEDICAL CENTER 360 beds and 447 physicians LONE STAR COLLEGE KINGWOOD COMMONS · 0.4 MILES KINGWOOD Talbots Rachaels’s Hallmark Shop Chico’s francesca’s Loft Carabba’s Italian Grill FOREST COVE ESTATES INSPERITY HEADQUARTERS Soma Zachary’s Cajun Cafe 2,200 Employees Home Values Mattress 1 One Dickey’s Barbecue Pit Up to $265K Jos. A Bank Coldstone Creamery The Children’s Place Pei Wei BUTTERFLY LN LOOP 494 Cilantro’s Mexican Grill Cicis KINGWOOD DR Sally Beauty Elite Treats Krafty Shack KINGWOOD PLACE Four two-story office buildings 4:1000 Car ratio ROCK FALLS 3.2 ACRES CYPRESS WOODS ROCKMEAD DR SENIOR LIVING TERRACE RETIREMENT LIVING THE VERANDA BROOKDALE KINGWOOD KINGS MANOR PALACE PINES DR Home Values Up to $250K ±3.2 Acres NEAR US-59 & KINGWOOD DR Kingwood, TX | Price TBD by Market ±3.2 ACRES AT THE NEC OF ROCKMEAD DR AND ROCKFALLS DR EXCLUSIVE REPRESENTATION OFFER REQUIREMENTS CONTENTS ARA Newmark has been exclusively retained to Offers should be presented in the form of a non-binding represent the Seller in the disposition of ±3.2093 Acres Letter of Intent, and should include: at the northeast corner of Rockmead Drive and Rock Falls Drive in Kingwood, Texas (Property). All inquiries · Pricing Property Information 3 about the Property should be directed to ARA Newmark. · Due Diligence and Closing Timeframe · Earnest Money Deposit DUE DILIGENCE INFORMATION · Description of Debt/Equity Structure · Qualifications to Close Survey 4 To access the due diligence information please visit · Development Plans the Property website at: arausa.listinglab.com/3.2AcKingwoodLand Local Highlights 5 Purchase terms shall require cash to be paid at closing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Clark Dalton via fax or Area Highlights 8 email. Houston Market Overview 9 CONTACTS Tim Dosch David Marshall Brokerage Information 11 Executive Managing Director Executive Managing Director [email protected] [email protected] O 713.425.5431 O 713.425.5415 M 713.459.8123 M 713.206.1574 Tom Dosch Becky Hand Executive Managing Director Land Transaction Manager [email protected] [email protected] O 713.599.1606 O 713.337.5807 M 713.557.4455 M 918.629.5592 ARA, A Newmark Company www.aranewmark.com 1700 Post Oak Blvd 2 BLVD Place, Suite 400 Houston, TX 77056 ±3.2 Acres in Kingwood, Tx | 2 PROPERTY INFORMATION FONDREN ORTHOPEDIC GROUP CROWN CHASE DR TRACT DETAIL NEC Rock Falls Drive and Rockmead Drive LOCATION Kingwood, TX 77339 ROCKMEAD PROFESSIONAL CENTER LAT., LONG. 30.053890, -95.242999 TOTAL ACRES ±3.2093 ROCK FALLS PALACE PINES DR PARCEL NUMBER 6433-09-00300 3.2 ACRES 310’ on Rockmead Drive FRONTAGE (APPROX.) 415’ on Rock Falls Drive ACCESS Rockmead Drive and Rock Falls ROCKMEAD DR TERRACE UTILITIES City of Houston RETIREMENT LIVING FLOODPLAIN Not in the floodplain DETENTION On site Two utility easements. An easement at the northern property line for the overhead power, and a 10’ wide EASEMENTS easement with its northern boundary being 70’ south of the northern property line TAX RATES Use restricted by deed restriction to office or senior ZONING housing 2017 CITY OF HOUSTON 0.586420 2016 DEMOGRAPHICS LONE STAR COLLEGE 0.107800 0-1 mi 0-3 mi 0-5 mi Est. Population 10,058 44,987 128,215 MONTGOMERY CO HOSPITAL DIST 0.066500 2016-2021 Est. Population Growth 16.81% 13.82% 12.20% MONTGOMERY COUNTY 0.466700 Est. Average Household Income $73,799 $96,364 $96,078 NEW CANEY ISD 1.67000 Est. Median All Owner-Occupied Housing $171,473 $177,269 $166,788 Values Total 2.897420 ±3.2 Acres in Kingwood, Tx | 3 PROPERTY INFORMATION: SURVEY 325.37’ 415.0’ 430.0’ 310.37’ ±3.2 Acres in Kingwood, Tx | 4 LOCAL HIGHLIGHTS EMPLOYMENT 50 new subdivisions are in some form of development in the KINGWOOD MEDICAL CENTER Kingwood Medical Center Humble-Kingwood area. A 2016 study by Humble ISD found that ∙ 360-bed, acute-care hospital with over 447 more than 12,000 new homes will be constructed by 2025. physicians ∙ Undergoing a $35 million expansion that will The growth is expected to add another 30,000 people to the add 38 new patient rooms, 22 critical care area’s population, bringing it to more than 288,000 by the 2020 beds, and 16 intermediate care beds to be census. completed in 2018 ∙ Brain and Spine Center has been the recipient of the TMF Health Quality Institute EDUCATION award since 2007 Lone Star College Kingwood ∙ The Cardiovascular Center is an Accredited ∙ Opened in 1984 as the second Lone Star campus Chest Pain Center and hosts the Open- MEMORIAL HERMANN SURGICAL CENTER ∙ Has two off-site locations to better serve the rapidly growing Heart program where over 800 open-heart communities surrounding Kingwood surgeries have been performed ∙ Serves approximately 7,000 credited students and 3,000 ∙ The Women’s Cener offers comprehensive noncredited students each semester services for prenatal care through labor and delivery and has delivered more than 2,800 New Caney ISD babies in the past year alone ∙ Contains 9 elementary schools, 4 middle schools, and two high schools Kingwood Pines Hospital ∙ Teachers have on average 10 years or more of teaching experience ∙ Offers inpatient treatment, outpatient services, and partial hospitalization ∙ Over 20% of teachers have Masters and Doctorate degrees programs for those suffering from psychiatric, ∙ Over 40% of high school students are enrolled in advanced behavioral health, or chemical dependency academic classes LONE STAR COLLEGE KINGWOOD issues ∙ One of the fastest growing recognized school districts in the region ∙ Treatment center has 116 licensed acute-care Humble ISD inpatients beds and over 150 employees ∙ 43 campuses with over 40,000 students and more than 5,000 Kingwood Memorial Hermann Surgical Center employees ∙ Accredited by Joint Commission ∙ Among the 25 fastest growing school districts in Texas ∙ Contains six operating rooms and two ∙ 31st largest district in the state treatment rooms ∙ The district’s rating for 2016 by the Texas Education Agency is Met ∙ Surgeries are specialized in ENT, General, Standard, the highest rating possible Gynecology, Ophthalmology, Orthopedic, ∙ Approximately 85% of our students plan to continue their Pain, Plastic, Podiatry, Spine, and Urology education following graduation ±3.2 Acres in Kingwood, Tx | 5 LOCAL HIGHLIGHTS THE VILLAGE AT NORTHPARK · 0.4 MILES Oakhurst Golf Club Panera Bread Subway Carl’s Junior Taco Cabana Ideal Dental Kingwood Smashburger WEATHERFORD Nails of America Great Clips NORTHPARK DR REGENT CARE CENTER Houston Heart & Vascular Associates OF KINGWOOD Texas Roadhouse The Union Kitchen 213 Acres / 900 Homes Los Cucos Mexican Cafe KINGS MILL Homes values Pump it Up Up t0 $300K KINGS MANOR ELEMENTARY SCHOOL BUTTERFLY LN LOOP 494 KINGWOOD KINGWOOD COMMONS · 0.4 MILES PROFESSIONAL CENTER 3.2 ACRES Mattress 1 One Rachaels’s Hallmark Shop ROCKMEAD DR Jos. A Bank francesca’s The Children’s Place Carabba’s Italian Grill KINGWOOD PLACE Talbots Zachary’s Cajun Cafe Four two-story office buildings 4:1000 Car ratio Chico’s Dickey’s Barbeque Pit Loft Pei Wei Cilantro’s Mexican Grill Cicis Sally Beauty Elite Treats Krafty Shack KINGWOOD DR ±3.2 Acres in Kingwood, Tx | 6 LOCAL HIGHLIGHTS OUTDOORS & RECREATION Kingwood is best known for being a community that exists in harmony with nature. Kingwood’s heavily wooded acreage is canopied with tall pines and magnolias, along with 20 other types of shade trees. The community is host to a variety of wildlife including deer, fish, birds, and more, that can be found in the 500+ acres of private nature preserves and parks. Oakhurst Golf Club RETAIL & ENTERTAINMENT ∙ Feature 18-holes and 7,500 square feet of greens ∙ Underwent a $1.5 million renovation in 2004 Village at Northpark ∙ Anchored by a 123,000 square-foot Kroger Marketplace Northpark Recreation Center ∙ Other retail includes ShowBiz Cinemas, Mattress Firm, ∙ 19-acre park located north of North Park Drive and Harley-Davidson of Kingwood, BBVA Compass, Great immediately north of Kingwood Park High School Clips, Nails of America, and Exxon ∙ Used exclusively for organized sports including the ∙ Restaurants include Panera Bread, Carl’s Jr, Chick-fil-A, Kingwood Alliance Soccer Club, Kingwood Adult Whataburger, Sonic Drive-In, El Ranchero Mexican Softball Assoication, and Kingwood Girls Softball Restaurant, Cracker Barrel Old Country Store, Taco Bell, Association Smashburger, Pollo Tropical and Taco Cabana Town Center Park Deerbrook Mall ∙ Site of various holiday celebrations throughout the Kingwood Greenbelt ∙ 1.4 million square feet of retail space year hosting live music, food and craft vendors Kingwood offers a 75+ mile greenbelt system ∙ 140 stores anchored by Dillards, Macy’s, Barnes & ∙ Events include Mardi Gras, Spring Car Show, which winds throughout the community. Noble, and AMC 24 Theatre Christmas in the Park, and Thursday Markets These trails preserve the wildlife in the area ∙ Other retail includes Abercrombie & Fitch, Bath & and to provide safe access to schools, parks Kingwood Country Club Body Works, Best Buy, Champs Sports, Express, Foot and shopping without having to cross major ∙ Offers several amenities including an award Locker, Forever 21, Franscesca’s, Gamestop, Gap, GNC, roads. Residents can walk, ride bikes or roller Jared Galleria of Jewelry, JCPenney, Kay Jewelers, Palais blade through tunnels built along the major winning golf course, tennis
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