A Unique Opportunity in Texas Awaits You
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FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE 18750 INTERSTATE I-45 HARRIS COUNTY, TEXAS A Unique Opportunity in Texas Awaits You. A 12-acre mixed-use facility including a Class A office building, retail building, and warehouse. Todd N. Edmonds, CCIM, SIOR Michelle Soderberg Principal & Director Vice President +1 713 830 2113 +1 713 830 4005 Colliers International [email protected] [email protected] 1790 Hughes Landing Blvd Suite 250 The Woodlands, TX 77380 ©2020 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE THE OFFERING SAMPLE Colliers International, as exclusive advisor to the owner of 18750 I-45 North (“The Property”), is pleased to present the opportunity to acquire a unique mixed-use improved property prominently located along the North Freeway Corridor of Houston, Texas. The property is perfectly positioned having excellent ingress and egress along with high visibility to North Freeway. This offering rep- resents a tremendous opportunity to acquire a Class “A” office building along with other improvements. INVESTMENT HIGHLIGHTS • The Property is ideally situated just south of one of the fastest growing municipalities in the country, Springwoods Village and The Woodlands, Texas. • Employers choose this area for themselves and their employees because of the quality of life, excellent educational opportunities, close proximity to George Bush Intercontinental Airport, and the superior reputation the local area has for business, travel and commerce. • The Property is situated near I-45 with easy access to both the Grand Parkway and Hardy Toll Road, offering efficient commutes to other various major roadways in the Greater Houston area. • The Property is approximately 23 miles north of Houston’s CBD. • Great proximity to The Woodlands Country Club, Woodlands Town Center. Bush Airport and The Woodlands Medical Complex. Growth & Development Overview • The Woodlands has been one of the best performing, all around residential and commercial real estate markets in the Houston Metropolitan area due to its barriers-to-entry and carefully controlled land use restrictions implemented by the Howard Hughes Corporation, The Woodlands Development Company and Springwoods Village. • Several of Houston’s Fortune 500 companies are located in The Woodlands and Springwoods Village. Some of the largest firms are Anadarko Petroleum, ExxonMobil, Hewlett Packard, ABS, Memorial Hermann, Aon Hewitt, CB&I, Huntsman Corporation and Woodforest National Bank. FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE AREA DEMOGRAPHICS THE PROPERTY 5 MILE RADIUS Population Address 18750 Interstate 45 (2018) 250,264 Year Built 2011 Submarket The Woodlands Average Household Building Class Class A Income (2018) Improved Square $80,872 Footage: Building 1 44,019 SF Class A Office - 2 Story Building Labor Force Population (2018) Building 2 8,342 SF Retail Building with cooking school 186,171 Building 3 8,944 SF Warehouse 12 Residential Estimated Consumer 40,463 SF combined Improvements Expenditure (2018) Site Size Approximately 12.4079 Acres $5.44 B Approximately 100,000 SF of concrete Parking parking area with 236 parking spaces Access Ingress/egress off of Interstate 45 Largest electronic billboard in Harris County outside of Minute Maid Park Signage Improvement Value: +$600,000 FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE Excellent access to Interstate 45, Beltway 8, the Grand Parkway & Bush Intercontinental Airport. DRIVE TIMES Interstate 45 IAH Airport 2 min. Drive 13 min. Drive Beltway 8 The Grand Parkway 11 min. Drive 7 min. Drive FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE AERIAL VIEW FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE MERCHANT AERIAL VIEW SITE FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE SITE PLAN OVERVIEW RENDERING FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE ABOUT SPRINGWOODS VILLAGE EXXONMOBIL CORPORATE CAMPUS 385-ACRE CAMPUS HOUSES 10,000 EMPLOYEES AT COMPLETION IN 2015. AMONG THE 20 OFFICE BUILD- INGS IS A MEETING AND TRAINING CENTER DESIGNED TO APPEAR TO FLOAT 80 FEET ABOVE A PLAZA AND REFLECTING POOL 10,000 SQUARE-FOOT HEALTH AND SPRINGWOODS VILLAGE IS A 2,000 ACRE MASTER PLANNED FITNESS FACILITY INCLUDES A CHILD DEVELOPMENT COMMUNITY SITUATED JUST SOUTH OF THE WOODLANDS AND CENTER. 20 MILES NORTH OF DOWNTOWN HOUSTON. THE COMMUNITY IS A NEW MODEL OF SUSTAINABILITY AND GREENER LIVING FOR THE HOUSTON REGION, PRESERVING ITS NATURAL ECOSYSTEMS, BUILDING ENERGY SMART NEW HOMES, AND REDUCING DEPEN- SOUTHWESTERN ENERGY CORPORATE DENCE ON THE CAR BY PROVIDING A WALKABLE MIX OF RETAIL, HEADQUARTERS DINING, OFFICES, AND PUBLIC AMENITIES. SPRINGWOODS VILLAGE WILL BUILD OUT ITS MASTER PLAN OVER THE NEXT 10+ YEARS. NEW CORPORATE HEADQUARTERS CURRENTLY ADJA- CENT TO SPRINGWOODS VILLAGE 22-ACRE CAMPUS HOUSES A 10 STORY, 515,000 SQUARE-FOOT OFFICE BUILDING. ACCOMMODATES 1,500 EMPLOYEES. IN- CLUDES A CONFERENCE CENTER, WELLNESS CENTER, FULL SERVICE DINING FACILITY, ON-CAMPUS RETAIL DISTRICT OF SMALL SHOPS AND SERVICE PROVIDERS, AND TWO MAIN DINING AREAS. CHI ST. LUKE’S HEALTH CITYPLACE IS OUR JEWEL, WITH THE AMENITIES, SERVICES, THE $120 MILLION MEDICAL CAMPUS INCLUDES A AND VITALITY TO MAKE NORTH HOUSTON MORE DYNAMIC 55,000 SQUARE FOOT AMBULATORY MEDICAL CENTER THAN EVER BEFORE. OUR MIXED-USE URBAN DISTRICT SPANS AND A 100,000 SQUARE FOOT MEDICAL OFFICE BUILD- 60 ACRES, AND WILL FEATURE A DIVERSE BLEND OF LUXU- ING WITH SPACE FOR MORE THAN 30 PHYSICIANS THE RY RESIDENCES, FUTURE-FORWARD OFFICE BUILDINGS, AND 150,000 SQUARE FOOT, LEED SILVER-CERTIFIED HOS- DISTINCT SHOPPING AND DINING VENUES. PHASE 1 OF CITY- PITAL FEATURES EMERGENCY DEPARTMENT, INPATIENT PLACE IS EXPECTED TO OPEN IN 2017, ANCHORED BY AN OUT- BEDS, DIAGNOSTIC IMAGING, OPERATING ROOMS, EN- DOOR PUBLIC PLAZA AND A FULL-SERVICE HOTEL WITH A BAR, DOSCOPY SUITES, PRE-OP ROOMS, POST-ANESTHESIA RESTAURANT, SPA AND BANQUET FACILITIES. FROM EARLY CARE UNIT (PACU), MULTI-USE PRIMARY AND SPECIAL- MORNING TO LATE IN THE EVENING, CITYPLACE WILL BE A DY- TY CARE CLINIC NAMIC, VIBRANT GATHERING PLACE WITHIN THE COMMUNITY. FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE ABOUT THE WOODLANDS SPANNING 28,000 ACRES, THE WOODLANDS IS ONE OF THE MOST ICONIC AND SUCCESSFUL MASTER-PLANNED COMMUNITIES IN THE NATION. THE WOODLANDS MALL 1.3 MILLION SQUARE FEET OF SHOPPING AND DININGOVER 200 RETAILERS INCLUDING ANTHROPOLO- GIE, BANANA REPUBLIC, BARNES & NOBLE, APPLE, POTTERY BARN, POTTERY BARN KIDS, ANN TAY- LOR LOFT, URBAN OUTFITTERS, WHITE HOUSE BLACK MARKET, AND WILLIAMS SONOMA. DEPART- MENT STORES INCLUDE NORDSTROM, DILLARD’S, MACY’SAND JCPENNEY AND FEATURES AN OUTDOOR COURTYARD LINKED TO THE WOODLANDS WATERWAY. THE WOODLANDS MARKET STREET OVER 70 HIGH END RETAIL SHOPS INCLUDING TIFFANY’S, SUR LA TABLE, KATE SPADE, BROOKS BROTH- ERS, LUCKY BRAND, AND MANY MORE.RESTAURANTS INCLUDE 1252 TAPAS BAR, BERRY HILL, CAFÉ EX- PRESS, CRU, GROTTO, LA MADELEINE, STARBUCKS, STADIA, AND UNI SUSHI. HOME TO THE AVIA HOTEL AND THE MARKET STREET CINEMARK MOVIE THEATER, WI-FI-ENABLED CENTRAL PARK PROVIDES AN ATTRACTIVE RECREATION AND ENTERTAINMENT AREA. CYNTHIA WOODS MITCHELL PAVILION OUTDOOR AMPHITHEATER SEATS 6,500 WITH CAPACITY FOR AN ADDITIONAL 10,000 ON THE LAWN, OFFICIAL SUMMER HOME OF THE HOUSTON SYMPHONY. MEMORIAL HERMANN THE WOODLANDS 294-PRIVATE BED, FULL-SERVICE, ACUTE CARE FACILITY EMPLOYS OVER 780 MEDICAL STAFF PHYSI- CIANS, 1,300 EMPLOYEES, AND 250 VOLUNTEERS FEATURES A DIABETES SELF-MANAGEMENT PRO- GRAM, A CERTIFIED PRIMARY STROKE CENTER, SPORTS MEDICINE, REHABILITATION AND PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, REGISTERED DIETITIANS AND AN EMERGENCY CENTER ACCREDITED AS A LEVEL III TRAUMA CENTER BY THE STATE OF TEXAS. THE WOODLANDS TOWN CENTER 1,000-ACRE “DOWNTOWN” OF THE WOODLANDS IS ONE OF THE MOST ACTIVE COMMERCIAL BUILDING MARKETS THROUGHOUT HOUSTON. CONTAINS OVER 6.9 MILLION SQUARE FEET OF OFFICE SPACE .ANADARKO’S TWO ICONIC TOWERS: 807,586-SQUARE-FOOT ALLISON TOWER AND 550,000-SQUARE- FOOT HACKETT TOWER. FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE INTERIOR PHOTOS FOR SALE 18750 Interstate 45 North // Spring // Texas // 77373 colliers.com/houston VIEW ONLINE Todd N. Edmonds, CCIM, SIOR Michelle Soderberg Principal & Director Vice President +1 713 830 2113 +1 713 830 4005 [email protected] [email protected] Lic. No. 397499 Lic. No. 505655 Colliers International 1790 Hughes Landing Blvd | Suite 250 This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations The Woodlands, TX 77380 or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, condi- P: 713 830 4001 tions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2020. All rights reserved. Colliers International Houston, Inc. 29114 [email protected] (713)222-2111 Gary Mabray 138207 [email protected] (713)830-2104 Patrick Duffy, MCR 604308 [email protected] (713)830-2112 Todd N. Edmonds, SIOR, CCIM 397499 [email protected] (713)830-2113.