OFFERING MEMORANDUM
TOMBALL - 3 MILES SPRINGWOODS VILLAGE - 9.5 MILES
GLEANNLOCH CROSSING Proposed retail development by Capital Retail
HUFSMITH KOHRVILLE RD
GRAND PARKWAY TOWN CENTER PHASE II WILLOW FALLS Proposed retail development by NewQuest 421 Homes
50,657(’16) 48,810 BOUDREAUX RD Landmark Apartments
34,312(’16) ±9.6079 ACRES 99 & CHAMPION FOREST · 1 MILE
127,610(’16) Kohrville Elementary School PINECREST FOREST 650 Homes
NORTHPOINTE RETAIL · 1 MILE GLEANNLOCH FARMS 3,541 Homes Bahama Buck’s Prices up to $1.2M Adriatic Cafe
GRAND PARKWAY TOWN CENTER Proposed retail development by NewQuest ASHFORD PLACE/GROVE 704 Homes
VINTAGE PARK - 4 MILES ±9.6079 acres at 11715 Boudreaux Road Tomball, TX 77375 ±9.6079 ACRES AT 11715 BOUDREAUX ROAD IN TOMBALL 2 Contacts
Tim Dosch Becky Hand Jane Matsell Principal Senior Associate Marketing Manager [email protected] [email protected] 713-955-3127 713-955-3121
David Marshall Dillon Mills Dosch Marshall Principal Senior Associate Real Estate [email protected] [email protected] 713-955-3126 713-955-3123 713.955.3120 777 Post Oak Blvd, Suite 255 Houston, TX 77056 www.dmreland.com
About DMRE Tom Dosch Tripp Rich Dosch Marshall exists to provide unmatched real estate Principal Transaction Manager brokerage services across the U.S. by connecting our [email protected] [email protected] expansive network, market knowledge, and expertise in land brokerage with innovative processes. 713-955-3125 713-955-3124 Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with excel- lence. In real estate as in other industries experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest Clark Dalton Kenneth Danna transactions in Houston for the year. Vice President Analyst [email protected] [email protected] 713-955-3122 713-955-3120 ±9.6079 ACRES AT 11715 BOUDREAUX ROAD IN TOMBALL 3 Property Information
Property Highlights Details Located 1.25 miles east of the intersection of the Grand Parkway/99 and Highway 249 LOCATION 11715 Boudreaux Road, Tomball, TX 77375 • Excellent visibility from the Grand Parkway/99 • 375.76 feet fronting the north side of the Grand Parkway LAT., LONG. 30.052910, -95.593873 TOTAL SIZE ±9.6079 acres The area is seeing an increase in commercial and single family development SCHOOLS Klein ISD • 1.3 miles from the proposed Grand Parkway Town Center • Elementary School - Korhville by NewQuest at the SWC Grand Pkwy/99 & 249, featuring • Middle School - Ulrich Dicks Sporting Goods, LA Fitness, Whataburger, Chick- • High School - Klein Cain Fil-A, Canes, Starbucks, and more • 1.25 miles from future office development at the inter- 2017 Tax Rates section of the Grand Parkway/99 and Highway 249 (total 17 KLEIN ISD 1.430000 leasable area: 478,050 SF) • In May 2018, the Houston Chronicle reported a dozen new 40 HARRIS COUNTY 0.418010 communities under development in northwest Houston 41 HARRIS CO FLOOD CNTRL 0.028310 Tomball, Springwoods Village, Vintage Park, and the Wood- 42 PORT OF HOUSTON AUTHY 0.012560 lands are all within easy distance 43 HARRIS CO HOSP DIST 0.171100 • Tomball: 9-minute drive / 3 miles • Top employers include Hewlett-Packard (10,000 44 HARRIS CO EDUC DEPT 0.005195 employees) and Tomball Regional Medical Center 45 LONE STAR COLLEGE SYS 0.107800 (1300 employees) • Vintage Park: 9-minute drive / 4 miles 635 HC EMERG SRV DIST 16 0.049470 • Noble Energy Inc Global Headquarters, Chasewood 666 HC EMERG SERV DIST 11 0.039040 48,810 7 .77 t BOUDREAUX RD Technology Park, University Park (Lone Star College - University Park, University of Houston Downtown – Total 2.261485 Northwest, and Sam Houston State University), and CHI St. Luke's Health The Vintage Hospital 1114.27 t 2017 Demographics • Springwoods Village: 15-minute drive / 9.5 miles . 7 0-1 mi 0-3 mile 0-5 miles • ExxonMobil Corporate Campus (10,000 employees),
HUFSMITH KOHRVILLE RD Southwestern Energy Headquarters (1,500 employees), EST. POPULATION 2017 111 . t American Bureau of Shipping Headquarters (ABS) Hosanna Community Church (1,200 employees), HP Corporate Campus (2,400 14,501 68,703 180,376 employees) 5-YR EST. POPULATION GROWTH 7 .77 t • The Woodlands: 20-minute drive / 10 miles 5.17% 5.00% 5.09% 34,312( 16) • Top employers include Anadarko (3,867 employees), Memorial Hermann The Woodlands (2,001 employees), AVERAGE HOUSEHOLD INCOME Aon Hewitt (1,800 employees), CHI St Luke's Health - THREE LAKES EAST $95,425 $106,272 $118,297 555 Homes The Woodlands (1,510 employees), and CB&I (1,008 NORTHERN POINT 529 Homes employees) MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS Drive times are approximate; distances are geodesic. $163,028 $208,890 $205,799 ±9.6079 ACRES AT 11715 BOUDREAUX ROAD IN TOMBALL 4
TOMBALL • 9 MIN. DRIVE VINTAGE PARK • 9 MIN. DRIVE SPRINGWOODS VILLAGE • 15 MIN. DRIVE
Top employers include Hewlett-Packard (10,000 employ- Noble Energy Inc Global Headquarters, Chasewood Tech- ExxonMobil Corporate Campus (10,000 employees), ees) and Tomball Regional Medical Center (1300 emp.) nology Park, University Park (Lone Star College - University Southwestern Energy Headquarters (1,500 employees), Park, University of Houston Downtown – Northwest, and American Bureau of Shipping Headquarters (ABS) (1,200 Downtown Shopping District offers more than 50 antique & Sam Houston State University), and CHI St. Luke's Health employees), HP Corporate Campus (2,400 employees) collectable shops as well as a variety of restaurants The Vintage Hospital
TOMBALL - 3 MILES SPRINGWOODS VILLAGE - 9.5 MILES
GLEANNLOCH CROSSING Proposed retail development by Capital Retail
HUFSMITH KOHRVILLE RD
GRAND PARKWAY TOWN CENTER PHASE II WILLOW FALLS Proposed retail development by NewQuest 421 Homes
50,657(’16) 48,810 BOUDREAUX RD Landmark Apartments
34,312(’16) ±9.6079 ACRES 99 & CHAMPION FOREST · 1 MILE
127,610(’16) Kohrville Elementary School PINECREST FOREST 650 Homes
NORTHPOINTE RETAIL · 1 MILE GLEANNLOCH FARMS 3,541 Homes Bahama Buck’s Prices up to $1.2M Adriatic Cafe
GRAND PARKWAY TOWN CENTER Proposed retail development by NewQuest ASHFORD PLACE/GROVE 704 Homes
VINTAGE PARK - 4 MILES ±9.6079 ACRES AT 11715 BOUDREAUX ROAD IN TOMBALL 5 Survey Additional Information
Exclusive Representation Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±9.6079 acres at 11715 Boudreaux Road in Tomball, TX 77375 (Property). All inquiries about the Property should 48,810 7 .77 t be directed to DMRE.
Making an Offer Offer Information Offers should be presented in the form of a non-binding Letter of Intent, and should include: • Pricing 1114.27 t • Due Diligence and Closing Timeframe • Earnest Money Deposit • Description of Debt/Equity Structure • Qualifications to Close • Development Plans