±3.29 Acres for sale 14609 Hamilton pool Road -- Bee Cave, Texas 78738

offering memorandum CASE Commercial Real Estate Partners (“CASE”) has been retained to offer to property description qualified developers and investors the opportunity to acquire ±3.29 acres of land in Location: 14609 Hamilton Pool Road, near the intersection of Highway 71 Bee Cave, Texas (The “Property”). Located at 14609 Hamilton Road, the Property is Bee Cave, Texas situated outside of in the beautiful community, two miles west of the Hill Country Galleria and just south of the Falconhead Golf Club. Size: ±3.29 Acres Zoning: Rural Residential The Property has high accessibility on Hamilton Pool Road near the intersection of Shape: Triangular Highway 71, one of the main roadways in the . Bisecting the city of Bee Cave, this major thoroughfare is deemed one of the highest growth corridors Topography: Slightly sloping to the east west of Austin. Population in the area has escalated from approximately 600 residents Frontage: +/-397 Feet on Hamilton Pool Road in 2000 to over 5,000 people today with an additional 6,400 new homes planned. Flood Plain: None known at this time As the residential communities flourish, more retailers and businesses are locating Utilities: City utilities available around Highway 71. A Houston-based real estate investment firm recently acquired a 22.52-acre retail site just north of the Property and plans to invest approximately $1.4 million to possibly build several restaurants, banks and other service providers.

Located approximately eight miles west of Austin, the Property is near the pristine shores of Lake Travis, a destination draw for water sports of all kinds. Area growth is exemplified not only by the recreational opportunity but also by major retail developments. The Hill Country Galleria, a 1.3 million square foot lifestyle Bee Cave City Hall center includes 650,000 square feet of retail stores anchored by Dillards, Cinemark Theatres, Barnes & Noble, , and Dick’s Sporting Goods. In addition to eclectic shopping, dining and entertainment, the Hill Country Galleria offers first-class office and residential space. Another large retail center supporting the immediate area is the Shops at the Galleria, which encompasses approximately 500,000 square feet of space anchored by Lowe’s, Best Buy, PetSmart, Marshall’s, Ulta, and Home Goods.

OFFERING PRICE: $500,000/ $3.50 psf

Hill Country Galleria - Bee Cave, TX - Austin, Texas demographics The city of Bee Cave is a growing bedroom community west of Austin with a 2013 population of over 5,000 people. The area saw a 9.27% increase in population from 4,435 residents in 2011 to 4,846 residents in 2012. Currently there are an estimated 72,483 people in 26,761 households living within a seven-mile radius of the Property. The average household income in the market area is $144,711, which is above the U.S. average of $71,842. Economic projections show an additional 10,938 people will migrate within a seven-mile radius over the next five years bringing a 2.85% annual increase in population. The average household income is also projected to rise to $144,711 by 2018 with an estimated per capita income of $64,992. Median home value in the market area is $353,233, compared to a median home value of $177,257 for the U.S. In five years, median value is projected to change by 1.88% annually to $387,735.

demographics

1 MILE 3 MILE 5 MILE 2013 Population Estimate 11,386 32,865 72,483 2018 Population Projection 13,268 38,009 83,421 2013 Household Estimate 4,307 12,465 26,761 2018 Household Projection 5,031 14,445 30,860 2013 Average Household Income $154,558 $150,799 $144,711

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University of Texas at Austin Austin Area Overview Austin is one of the most successful economic centers in the nation. Several key factors contribute to the success of this state capitol city, including its recession proof economy, job growth and real estate industry trends. Topping Newsweek’s ten best performing American cities list, Austin is becoming a veteran on the nation’s “best of” lists, appearing number one in multiple categories. Positioned within the Texaplex – a quadraplex of top performing Texas cities that includes Austin, Dallas, San Antonio, and Houston – this exclusive geographic region has become the number one destination for job-seeking Americans. The trend is unlikely to slow soon.

Employment For the 12 months that ended in November 2013, Austin registered 863,900 jobs, a 2.7 percent gain over the previous year. In November 2013, the Austin unemployment rate fell to 4.7 percent, a rate far below the national average of 7.0%. The rapidly growing population, great quality of life, and increasingly diverse The city’s excellent job performance can be attributed to a high generation of business community are positive factors that will keep Austin one of the fastest government positions, the low cost of living, affordable housing, and the availability growing metro areas in Texas and the United States for years to come. of stable jobs for large groups of people through major organizations such as the University of Texas. Other established, national companies in Austin include Whole Housing Foods Market, Computers, Facebook, Freescale Semiconductor and Forestar The Austin housing market set a new record in 2013 as sales topped 27,000, the Group. Quality-of-life, which has always been one of Austin’s essential strengths, highest number ever. According to the Austin Board of Realtors, 27,298 home sales will continue to be a draw for people and corporations considering relocation. were recorded last year, a 19% increase over 2012 when there were 22,946 sales. The median sales price in 2013 rose to $223,890, which was 9% higher than the Population 2012 median. The Board also reported December’s monthly home sales volume, Much like its above average employment growth rates, the city continues to add which at 2,080 single-family home sales was the most on record for a December new residents at a robust pace. Austin reached a population milestone in 2011 and a 14% increase over December 2012. as the third-fastest growing big city when the metro area hit 1.8 million people. Together with Round Rock, the two cities gained nearly 35,000 residents in the span The inventory of available homes dropped to an all-time low in December, with of 15 months, or approximately 77 people each day. just a two-month supply at the current sales pace. December’s median came in at $226,000, up 8% from the prior December. With a 41 percent growth rate over the last 10 years, Austin has remained America’s In the luxury market, Austin also closed nearly $883 million in sales for homes priced fastest growing city for some time according to Forbes and data from the U.S. Census at $1 million or more. A report showed that 555 million-dollar homes sold in 2013, Bureau. The influx mirrors statewide trends with Hispanic and minority populations which were 182 more than in 2012. The average square foot price was $326 for experiencing the bulk of growth. If current trends continue, young Hispanics are homes in that category, $3 more per square foot than in 2012. Million dollar homes poised to become the state’s most prominent demographic, according to a Bloomberg spent an average of 106 days on the market in 2013, 33 days less than in 2012. report. If the spikes in population continue, the Austin area is predicted to surpass 2.3 million people by 2020. Accolades • Austin is a Top Manufacturing City, according to Manufacturer News (December Austin consistently ranks among the best places in the nation. The rapidly growing 2010) population, strong transportation linkages, great quality of life, and increasingly • According to The Mother Nature Network, Austin is among the Top 10 Greenest diverse business community are positive factors that will keep Austin one of the Cities in the U.S. (July 2010) fastest growing metro areas in Texas and the United States for years to come. • Parenting Magazine ranked Austin 2nd Best City for Families in 2011 Recognition for these attributes is consistently growing over the years. Some of the • It is the 4th Safest City in America, according to Travel and Leisure (February following are recent accolades awarded to Austin: 2010) • Five of the Best Elementary Schools in the U.S. are located in Austin (Great • Business Insider ranks Austin the 9th Most innovative city in 2013 schools.org, 2011) • Forbes names Austin America’s fastest growing city in 2013 • Austin is the Best College Town (Travel Channel, 2010) • PricewaterhouseCoopers LLP named Austin the #2 Real Estate Market to Watch • ABC News ranked Austin as the #1 Retirement Hot Spot in the Nation (2011) in 2012 • Austin has Seven of the Best High Schools in the US (Newsweek Magazine, • The Fiscal Times ranked Austin #2 on “Top 10 Cities People are Moving to in 2011) 2012” • Forbes ranks Austin 12th best city for Shopping (Forbes, December 2010) • Realtor.com named Austin the 2nd Best Investment Market (2012) • In 1992, Austin was knighted Live Music Capital of the World, because it has • Forbes ranked Austin the #9 Best City in the U.S. for Business and Careers more live music venues per capita than anywhere else in the nation (Austin (2012) Visitors Bureau, 2011). • Payscale.com ranked Austin the #2 Hotspot City for Tech Startups (2012) • CNN and Golf Magazine called Austin The Best Golf City in America in 2010 • Forbes ranks Austin #1 on Best Big Cities for Jobs (2012) • Austin ranked #2 Most Energetic Cities (Sperling’s, 2011) • Forbes ranked Austin #8 among Cities Where a Paycheck Stretches the Furthest (2012) • The U.S. Census Bureau named Austin the 5th Most Educated City in the U.S. with 45.1% of the population having a college degree or higher • CNN ranks Austin the #1 Most Recession-Proof City (July 2010) • Austin was named #1 Best City for Housing Market by Builder Magazine Texas Capitol - Austin, Texas (February 2010) • The Brookings Institute named Austin the #3 Most Stable City (2010) • Austin is the #9 Fastest Growing Metro in the U.S., according to the 2010 Census Bureau • According to the U.S. Bureau of Labor Statistics, Austin is the #1 Best City for Job Growth (June 2009) • The Brookings Institute ranks Austin #1 in the U.S. and #26 in the World for Jobs and Income Growth During the Current Economic Recovery (December 2010) • Austin is the #1 Best City for Young Professionals (Austin Business Journal, March 2010) • Forbes named Austin the #3 Best Job Market in America in 2011 • The Unemployment Rate in Austin is 7.2% percent, while the U.S. average is 9.5% (Austin Business Journal, September 2011) • CNBC named Texas is the #1 Best State for Business in 2011 This Offering Memorandum was prepared by CASE Commercial Real Estate Partners (CASE), as Advisor on behalf of Seller, and is confidential and to be furnished to prospective purchasers of the property. It is intended solely to aid prospective purchasers in their evaluation of the property and whether to purchase the property. It is not to be used for any other purpose without prior written consent of CASE.

This Offering Memorandum is subject to errors, omissions, changes or withdrawal without notice and does not constitute a recommendation or endorsement as to the value of the property by Seller and Advisor and their sources. All projections have been made by Seller and Advisor and are based upon assumptions relating to the general economy, competition and other factors beyond the control of Seller, and are subject to change. Prospective purchasers should make their own projections and reach their own conclusions of value. This Offering Memorandum was prepared on the basis of information available to the Seller and Advisor in connection with the sale of the property. It contains pertinent information about the property and the surrounding area but does not contain all the information necessary for a complete evaluation of the property. Although the information contained in this Offering Memorandum is believed to be accurate and reliable, neither Seller nor Advisor guarantees its accuracy or completeness. Because of the foregoing and because the property will be sold “as is”, prospective purchasers should make their own independent assessments, investigations, and projections regarding the property. Although additional material that may include engineering, environmental, or other reports may be provided to certain prospective purchasers as appropriate, such parties should confer with their own engineering and environmental experts, counsel, accountants, and other advisors and should not rely upon such material provided by Seller or Advisor. Neither Seller nor Advisor nor any of their respective officers, advisors, agents, shareholders or principals of CASE has made or will make any representation or warranties, express or implied, as to the accuracy or completeness of the Offering Memorandum or any of the contents, and no legal commitment or obligation shall arise by reason of the Offering Memorandum or the contents. Analysis and verification of the information contained herein is solely the responsibility of the prospective purchaser.

The Seller expressly reserves the right, in its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party at any time, with or without notice. The Seller shall have no legal commitment or obligation to any prospective purchaser unless and until a written purchase and sale agreement has been fully executed and delivered and any and all conditions to the Seller’s obligations there under have been fully satisfied or waived.T he Seller is responsible for any commission due its Advisor in connection with the sale of the property.

The Seller shall not be responsible for any commission claimed by any other agent or broker in connection with a sale of the property. No other party, including the Seller’s Advisor, is authorized to make any representation or agreement on behalf of the Seller. This Offering Memorandum remains the property of the Seller and its Advisor and may be used only by parties approved by the Seller and its Advisor. No portion of this Offering Memorandum may be copied or otherwise or disclosed to anyone except as provided herein. Additional information and an opportunity to inspect the Property will be made available upon request by interested and qualified prospective purchasers.

Bruce Endendyk John Endendyk 214.213.2506 512.585.9351 [email protected] [email protected]

CASE COMMERCIAL REAL ESTATE PARTNERS 14785 Preston Road, Suite 750 Dallas, Texas 75254 T: 972.759.7800 | F: 972.759.7900 A proud member of TCN Worldwide www.casecre.com