Grand Prairie Land Flyer 052120.Pdf

Downtown Dallas

Epic West Plaza Mountain Creek Lake

20 161

WINDING CREEK AT THE PRESERVE APARTMENTS Cooper Tires Class A Multifamily Distribution Jason’s Deli Distribution

Flex-N-Gate 20 Manufacturer S GREAT SOUTHWEST PKWY LUXE AT GRAND PRAIRIE BARDIN ROAD 318 Planned Class A Multifamily Units

10.833 ACRES Zoned Commercial District Site is Divisible (see concept plan on page 4) THE QUADRANGLES ON N TWENTY APARTMENTS Class A Multifamily

DEVELOPMENT OPPORTUNITY IN STRATEGIC, HIGH-GROWTH LOCATION Entire 10.833 Acres or Pad Sites Available | 4115 South Great Southwest Parkway | Grand Prairie, Texas 75052

JORDAN CORTEZ JUSTIN TIDWELL MASON JOHN CHRIS LUSSIER Managing Principal Senior Director Director Director 214-556-1951 214-556-1955 214-556-1953 214-556-1954 [email protected] [email protected] [email protected] [email protected] 10.833 ACRES GRAND PRAIRIE, TEXAS

Vanguard has been retained on an exclusive basis to market on behalf of Ownership the fee simple interests in 10.833 acres located at 4115 South Great Southwest Parkway. The Site is also divisible, Ownership will consider offers on various Pad Sites as outlined on page 4 in the Concept Plan.

INVESTMENT OVERVIEW TAX INFORMATION

Property 10.833 Acres (1) Taxing Entity Tax Rate

Location 4115 South Great Southwest Parkway City of Grand Prairie 0.669998

South Great Southwest Parkway to the West and Tarrant County 0.234000 Access Bardin Road to the North Arlington ISD 1.368670 Asking Price Call for Pricing Tarrant County Hospital 0.224429 +/- 365' along South Great Southwest Parkway and Frontage Tarrant County College 0.136070 +/- 176' along Bardin Road Total Tax Rate 2.633167 Identified as Tract 6 in PD-30 allowing for Commercial Uses and Zoning within IH-20 Overly District

Appraisal District Property ID Tarrant County: 03956318 School District Arlington ISD

(1) Acreage calculated from Concept Plan identified on page 4.

DEMOGRAPHICS

ESTIMATED POPULATION (2018) ANNUAL GROWTH RATE (2018-2023) MEDIAN HOUSEHOLD INCOME MEDIAN HOME VALUE

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 2 10.833 ACRES GRAND PRAIRIE, TEXAS

10.833 Acres

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 3 10.833 ACRES GRAND PRAIRIE, TEXAS

PRELIMINARY CONCEPT PLAN

BULK INFORMATION SITE LOCATION BARDIN ROAD Legal: Hunt, Memucan Survey Abstract 757 Tract 1 Approximate: Southeast Corner of Bardin Road and South Great Southwest Parkway, Grand Prairie, Texas 75052 OWNER INFORMATION Cope Equities, LLC 900 West Bethany Drive #230, Allen, Texas 75013 CONCEPTUAL OVERVIEW BUILDING SF PARKING 100 Units; Required: 104 Spaces Hotel 98,100 GSF Provided: 105 Spaces Required: 91 Spaces Office Condo 29,500 GSF Provided: 142 Spaces Required: 21 Spaces Office 6,825± GSF Provided: 21 Spaces Required: 38 Spaces Quick Serve 5,000± (75% Dining Space) Restaurant Provided: 38 Spaces Required: 25 Spaces Restaurant 3,300± (75% Dining Space) Provided: 53 Spaces Required: TBD Spaces TOTAL 227,285± Provided: 423± Spaces PLANNING & ZONING Planned Development 30 GREAT SOUTHWEST PARKWAY GREAT

* Subject to change and municipality approval

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 4 10.833 ACRES GRAND PRAIRIE, TEXAS

PARK TWENTY THREE SIXTY 1,620,305-SF Industrial Park on 119 Acres Distribution Center Traders Village Grand Prairie 360 Flea Market Municipal Airport

Grand Prairie Premium Outlets S GREAT SOUTHWEST PKWY 20 WINDING CREEK AT THE PRESERVE APARTMENTS Class A Multifamily

THE QUADRANGLES ON TWENTY APARTMENTS Class A Multifamily

BARDIN ROAD

10.833 ACRES Zoned Commercial District LUXE AT GRAND PRAIRIE Site is Divisible 318 Planned Class A Multifamily Units (see concept plan on page 4) N

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LUXE AT GRAND PRAIRIE 318 Planned Class A Multifamily Units

BARDIN ROAD

10.833 ACRES Zoned Commercial District Site is Divisible (see concept plan on page 4) S GREAT SOUTHWEST PKWY

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 6 10.833 ACRES GRAND PRAIRIE, TEXAS

INVESTMENT HIGHLIGHTS

Strategic, High-Growth Location: The approximately 10.833-acre site (“Site”) is ideally located a block south of Interstate 20 at the southeast intersection of South Great Southwest Parkway and Bardin Road in Grand Prairie, Texas. The Site represents an excellent location for commercial, hospitality, restaurants, and senior living development as there are prominent big box grocers/retailers such as Sam’s Club and Walmart Supercenter along with Kroger, PetSmart, and Office Depot located on the north side of Bardin Road. Located adjacent to the east of the Site, buffered by a natural tree line, there is a planned 318-unit luxury multifamily community, and single-family homes border the southern boundary. Grand Prairie is centrally located within the Dallas/Fort Worth metro, the fourth largest MSA in the country and is linked east and west by Interstate 20 and Interstate 30 which are both strong entertainment and business corridors. Due to its centralized location, Grand Prairie has become a well-established distribution, warehouse, and manufacturing hub which has created numerous jobs and led to a significant increase in population of 58.72 percent since 2000, bringing the current population to approximately 201,709.

Zoning: The Site is identified as Tract 6 in PD-30 allowing for commercial uses as identified as “C” Commercial District in the Grand Prairie Use Charts. The Site is also located within the IH-20 Overlay District. A few notable permissible uses are: Miscellaneous Offices, Outpatient Care Clinic, Medical and Dental Offices, Health Club, Grocery Store, Hotel/ Motel, Restaurant, etc. Purchaser or their representatives to verify zoning for themselves.

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 7 10.833 ACRES GRAND PRAIRIE, TEXAS

INVESTMENT HIGHLIGHTS

Population, Demographics, and Traffic Counts: From 2000 to 2019, Grand Prairie grew 58.72 percent to a population of 201,709 and within five years the population is projected to grow 7.05% to 215,935 by 2024 according to ESRI. Within a three-mile radius of the Site the median home value is $174,311, and the median household income is $75,093 within a one-mile radius. Traffic counts along South Great Southwest Parkway exceed 31,400 vehicles per day and Bardin Road exceeds 14,300 vehicles per day. Interstate 20, approximately one block to the north, sees traffic counts in excess of 180,700 vehicles per day.

Growing Dallas/Fort Worth Economy: Grand Prairie is located within the Dallas/Fort Worth metro which continues to be one of the strongest, well-diversified economies in the nation, experiencing exponential growth both in terms of population and jobs. According to the U.S. Census Bureau, the DFW metro was the fastest-growing metro in the United States in 2018, adding over 132,000 residents. Current population for DFW is estimated at 7.5 million people which ranks fourth in the nation and is projected to grow over 33% by 2030 to a population of nearly 10 million. As of August 2019, DFW metro added 115,800 jobs over the last 12 months which is a 3.1 percent increase, significantly higher than the national rate of 1.4 percent during the same time period. DFW unemployment rate as of August 2019 was down 30 basis points from the previous year to an outstanding rate of 3.3 percent.

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 8 10.833 ACRES GRAND PRAIRIE, TEXAS

DFW HIGHLIGHTS

• The DFW area has a well-diversified economy that ranks fourth in the nation with an estimated 2019 Gross Metropolitan Product (GMP) of $613.4 billion. GROSS METROPOLITAN DFW UNEMPLOYMENT DFW ESTIMATED • The DFW unemployment rate is an outstanding 4.4 percent as of March 2020. PRODUCT RATE POPULATION $613.4 Billion 4.4% 7.5 Million • The DFW metro has an estimated population of 7.5 million people which ranks fourth in the nation among metro areas and is projected to grow to a population of nearly 10 million by 2030. State Farm

• Twenty-four Fortune 500 companies are headquartered in DFW, ranking third most in the nation.

• The metro area has experienced a substantial amount of corporate relocations and expansions in the past several years from firms such as: State Farm Insurance, Toyota Motor Co., Omnitracs, Santander Consumer USA, Tenet Healthcare Corporation, Kohl’s, AT&T, Blue Cross and Blue Shield of Texas, USAA, Google, Amazon, McKesson, and Top Golf.

• DFW Airport is the fourth busiest in the world in terms of operations and twelfth largest in terms of passengers. The total estimated economic output of DFW airport is $37 billion and is currently undergoing a terminal renewal and improvement program at cost of $2.7 billion. Toyota • Recent rankings and awards received by DFW include the following: #1 in the country in Total Job Growth, #5 Best Performing Cities, and #13 Most Innovative Cities in the World.

• The City of Grand Prairie recently received the following rankings and awards: #1 Best Place to Retire in U.S., #2 Happiest City in Texas, and Top 50 in U.S. Best Place to Raise a Family.

The approximately 11-acre Site is located within the city of Grand Prairie which is part of the Dallas-Fort Worth-Arlington Metropolitan Statistical Area (“DFW”). DFW encompasses 12 counties within the state of Texas, with the Site being located in Tarrant County. DFW has a population of 7.5 million, making it the largest population center in Texas, fourth largest in the U.S., and seventh largest in the Americas.

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 9 10.833 ACRES GRAND PRAIRIE, TEXAS

ECONOMIC OVERVIEW DALLAS/FORT WORTH MAJOR EMPLOYERS

DFW has the fourth largest economy in the nation among MSAs and has one of the highest concentrations COMPANY NAME EMPLOYEES of corporate headquarters in the United States including 24 Fortune 500 companies. DFW also contains a American Airlines Group Inc. 37,000 large Information Technology industry base (often referred to as the Silicon Prairie or the Telecom Corridor), Walmart Stores Inc. 34,000 owing to the large number of corporate IT projects and the presence of numerous electronics, computing, and telecommunication firms such as Texas Instruments, HP Enterprise Services, Dell Services, Nokia, AT&T, Texas Health Resources 22,296 Alcatel-Lucent, Ericsson, and Verizon in and around Dallas. In addition, several major defense manufacturers, Dallas Independent School District 19,740 including Lockheed Martin, Bell Helicopter, Textron, and Raytheon, maintain significant operations in DFW. AT&T 17,000 Uber has recently announced they will establish a new U.S. General and Administrative Hub in Deep Ellum Baylor Scott & White Health 16,500 which will create 3,000 high-paying jobs with an estimated annual payroll of $400 million. The Kroger Co. 15,397

The Dallas-Fort Worth-Arlington MSA supports approximately 3.8 million jobs, making it one of the largest Lockheed Martin Corp. 14,350 economic centers in the nation. The MSA added 120,700 jobs year-over-year in November 2019, second Medical City Healthcare 14,000 in the nation in terms of both the number of jobs added as well as the annual rate of job growth which was Bank of America 13,500 3.2 percent compared to the national average of 1.5 percent. The region’s business-friendly environment City of Dallas 13,350 and low cost of living have made DFW extremely attractive to both employers and employees and helped University of Texas Southwestern Medical Center 13,048 fuel massive population and job growth over the past several years with this trend expected to continue. JPMorgan Chase 12,676 Fort Worth Independent School District 12,000 AREA OVERVIEW Parkland Health & Hospital System 9,968

Grand Prairie is ideally located within the Dallas/Fort Worth metroplex (“DFW”), midway between the cities Source: Dallas Business Journal of Dallas and Fort Worth, and has benefited from the region’s tremendous population and economic growth over recent years. Grand Prairie’s estimated population is 201,709, up 58.7 percent since 2000 and is well situated for continued growth. Areas of the city are located within Dallas County, Tarrant County, and Ellis County, and with a rich highway infrastructure and close proximity to rail and air transportation, Grand Prairie has become a well-established distribution center.

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TRANSPORTATION

Air: DFW International Airport, located approximately 18 miles north of the Site, is the fourth largest in the world in terms of operations and twelfth largest in terms of passengers. The total estimated economic output of DFW Airport is $37 billion and it served over 69 million passengers in 2018. American Airlines’ corporate headquarters is in Fort Worth while its main operational hub is at DFW International Airport.

Highway: The Property is centrally located within the DFW metroplex in the city of Grand Prairie, approximately 20 miles southwest of downtown DFW International Airport Dallas and 20 miles southeast of downtown Fort Worth. One of the main east-west thoroughfares in Grand Prairie is Interstate 20 which is located approximately one block north of the Site and connects with the area’s major north-south thoroughfare, Highway 161 (President George Bush Turnpike), approximately one mile northeast of the Site. Additionally, the Site is located approximately 1.5 miles east of Highway 360 and 7 miles south of Interstate 30, providing convenient access throughout DFW. The Site has frontage along South Great Southwest Parkway as well as Bardin Road.

Public Transit: Dallas Area Rapid Transit (DART) is the public transportation authority in the Dallas area which provides bus and light rail transportation throughout the Greater Dallas Area including to DFW International Airport and Dallas Love Field. Overall, DART moves more than 220,000 passengers per day across a 700-square-mile service area.

Trinity Metro, formerly known as the Fort Worth Transportation Authority or “The T,” is the public transportation authority in the Fort Worth Area which provides bus and light rail transportation. Trinity Metro annually provides nearly 10 million passenger trips on buses, van pools, and the Trinity Railway Express (TRE) commuter rail, which it jointly owns with Dallas Area Rapid Transit (DART).

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DEMOGRAPHIC OVERVIEW | 1-MILE RADIUS Source: ESRI

POPULATION HOUSEHOLDS

33.6 1 -MIL E R AD IU S 12,322 2.02% 4,345 2.84 2018 Total Annual Growth Rate 2018 Median Households Average Household Population (2018-2023) Age Size

INCOME HOUSING STATS

$75,093 $30,913 $102,770 $152,018 $9,764 $1,143 Median Per Capita Median Median Average Spent on Median Household Income Net Worth Home Value Mortgage & Basics Contract Rent Income

ANNUAL HOUSEHOLD SPENDING EMPLOYMENT 200,000

150,000-199,999

100,000-149,999 59% White Collar 75,000-99,999 $2,275 $180 $3,927 50,000-74,999 Apparel & Computers & Eating Out 6.4% 35,000-49,999 30% Services Hardware 25,000-34,999 Blue Collar HOUSEHOLD INCOME

15,000-24,999 Unemployment 0-14,999 12% Rate $5,365 $5,918 Services 0 400 800 1,200 Groceries Healthcare NUMBER OF HOUSEHOLDS

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DEMOGRAPHIC OVERVIEW | 3-MILE RADIUS Source: ESRI

POPULATION HOUSEHOLDS

32.3

3-MI LE R AD IU 116,965 1.13% 37,176 3.14 S 2018 Total Annual Growth Rate 2018 Median Households Average Household Population (2018-2023) Age Size

INCOME HOUSING STATS

$70,977 $27,175 $119,438 $174,311 $9,663 $919 Median Per Capita Median Median Average Spent on Median Household Income Net Worth Home Value Mortgage & Basics Contract Rent Income

ANNUAL HOUSEHOLD SPENDING EMPLOYMENT 200,000

150,000-199,999

100,000-149,999 63% White Collar 75,000-99,999 $2,182 $171 $3,752 50,000-74,999 Apparel & Computers & Eating Out 5.5% 35,000-49,999 24% Services Hardware 25,000-34,999 Blue Collar HOUSEHOLD INCOME

15,000-24,999 Unemployment 0-14,999 14% Rate $5,113 $5,619 Services 0 2,000 4,000 6,000 8,000 Groceries Healthcare NUMBER OF HOUSEHOLDS

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DEMOGRAPHIC OVERVIEW | 5-MILE RADIUS Source: ESRI

POPULATION HOUSEHOLDS

31.2 ILE RADIUS 5-M

298,177 1.02% 92,792 3.21 2018 Total Annual Growth Rate 2018 Median Households Average Household Population (2018-2023) Age Size

INCOME HOUSING STATS

$59,488 $23,279 $81,367 $150,825 $8,142 $832 Median Per Capita Median Median Average Spent on Median Household Income Net Worth Home Value Mortgage & Basics Contract Rent Income

ANNUAL HOUSEHOLD SPENDING EMPLOYMENT 200,000

150,000-199,999

100,000-149,999 56% White Collar 75,000-99,999 $1,949 $149 $3,335 50,000-74,999 Apparel & Computers & Eating Out 5.7% 35,000-49,999 28% Services Hardware 25,000-34,999 Blue Collar HOUSEHOLD INCOME

15,000-24,999 Unemployment 0-14,999 16% Rate $4,571 $4,898 Services 0 10,000 20,000 Groceries Healthcare NUMBER OF HOUSEHOLDS

DEVELOPMENT OPPORTUNITY | GRAND PRAIRIE, TEXAS | 14 INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (a client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any offer to or counter-offer from the client; and • Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH – INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly; • May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. • Must not, unless specifically authorized in writing to do so by the party, disclose: • that the owner will accept a price less than the written asking price; • that the buyer/tenant will pay a price greater than the price submitted in a written offer; and • any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.