±55 (±45 USABLE) ACRES ON I-45 - LoopNet · 2018-07-17 · Dosch Marshall Real Estate...

Mainstreet America

TOTAL

±55 ACRES

PAD SITEPAD SITE

INVERNESS FOREST$134K- $185K

LYNWOOD ESTATES$118K - $231K

NORTH HILL ESTATES$131K - $212K

±55 (±45 USABLE) ACRES ON I-45Houston, Texas

O F F E R I N G M E M O R A N D U M

SELLER WILL SUBDIVIDE AND/OR SELL PAD SITES

www.dmreland.comContacts, Due Diligence, & Offer Requirements

Dosch Marshall Real Estate713.955.3120

777 Post Oak Blvd Houston, TX 77056

www.dmreland.com

Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the dis-position of ±55 (±45 usable) acres on I-45 in Spring, TX (Property). All inquiries about the Property should be directed to DMRE.

Due Diligence InformationTo access the due diligence information please visit the Property website at: www.dmreland.com

Offer RequirementsOffers should be presented in the form of a non-bind-ing Letter of Intent, and should include:

• Pricing• Due Diligence and Closing Timeframe• Earnest Money Deposit• Description of Debt/Equity Structure• Qualifications to Close• Development Plans

Purchase terms shall require cash to be paid at clos-ing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email.

Tim [email protected]

David [email protected]

Tom [email protected]

Clark DaltonVice [email protected]

Becky HandSenior [email protected]

Dillon MillsSenior [email protected]

Tripp RichTransaction [email protected]

Kenneth [email protected]

±55 (±45 USABLE) ACRES ON I-45 IN SPRING, TX 2

www.dmreland.comProperty Information

Property Details

LOCATION I-45 North of FM 1960, Spring, TX 77373

LAT., LONG. 30.040477, -95.428114

TOTAL ACRES ±55 Acres

PARCEL ID 0441420000040, 0441420000041

LEGAL INFORMATION TR 8C ABST 687 A SCALES

FRONTAGE Approx. 421 ft on I-45

DETENTION Onsite

FLOODPLAIN Yes (See Due Diligence Items)

SCHOOL DISTRICT Spring ISD

2017 Tax Rates

24 SPRING ISD 1.46996

40 HARRIS COUNTY 0.41656

41 HARRIS CO FLOOD CNTRL 0.02829

42 PORT OF HOUSTON AUTHY 0.01334

43 HARRIS CO HOSP DIST 0.17179

44 HARRIS CO EDUC DEPT 0.00520

45 LONE STAR COLLEGE SYS 0.10780

550 HC EMERG SRV DIST 7 0.10000

666 HC EMERG SERV DIST 11 0.03987

TOTAL 2.35281

2017 Demographics

0-1 mi 0-3 mile 0-5 miles

EST. POPULATION 12,235 101,520 246,369

2017-2022 EST. POPULATION GROWTH

2.44% 2.18% 2.28%

EST. AVERAGE HOUSEHOLD INCOME

$63,879 $82,197 $85,038

EST. MEDIAN HOUSING VALUES $178,560 $156,847 $158,258

Excellent visibility from I-45• Highway access with over 400 feet of frontage on I-45• Less than 5 miles from Springwoods Village (ExxonMobil, Southwestern Energy, HP, ABS, CHI St.

Luke’s Health) • Less than 10 miles from The Woodlands Town Center which hosts the Woodlands Mall, Market

Street, and other high-end retail and entertainment • Zoned to Spring ISD

Due Diligence Items• Property Survey • Amenity and Infrastructure Plan• Environmental Survey • Geotechnical Evaluation• Engineering Survey

• Cultural Resources Assessment• Wetland Assessment • Feasibility Study• Phase 1

Mainstreet America

TOTAL

±55 ACRES

PAD SITEPAD SITE

INVERNESS FOREST$134K- $185K

LYNWOOD ESTATES$118K - $231K

NORTH HILL ESTATES$131K - $212K


www.dmreland.comSite Plans


www.dmreland.comProperty Survey

1308.65

421.66

379.591161.18

719.14

1555.09

1093.381550.99

292.26


www.dmreland.com

Houston Northwest Medical Center 1.5 miles / 5 minutes

• Houston Northwest Medical Center (HNMC) opened over 40 years ago and has a medical staff of approx-imately 600 members that offer a wide range of inpatient, outpatient, and diagnostic imaging services

• The Heart Center: Supported by over 40 cardioli-gists; Only hospital in Texas named by the Institute of Healthcare Improvement as a Mentor Hospital for heart attack care

• The Women’s Atrium: Offers 26 private maternity rooms; Certified Quality Breast Center of Excellence™ by the National Quality Measures for Breast Centers Program

• Center for Digestive Medicine: Treats a wide range of GI subspecialities

IAH 5 miles / 15 minutes

• Generates a $19 billion impact on the Houston econ-omy

• Supports $5 billion in total payroll and more than 200,000 full time jobs

• Named the fastest growing airport among the top ten major airports in the nation

• Improvements to the international Terminal D ten-tatively set to begin in 2017 include three additional wide-aircraft gates as well as expansion to 780,000 square feet

Springwoods Village 5 miles / 10 minutes

• $10 billion, 2,000-acre master planned mixed-use development intersected by the Grand Parkway

• Located at the intersection of I-45, the Hardy Toll Road, and the Grand Parkway

• Approximately 5,000 residential units• Approximately 8 million SF of commercial space, 1

million SF of retail, and 3 hotels• Office space expected to serve a workforce of 35,000 -

50,000 employees

North Houston District Formerly Greenspoint Business District 7 miles / 10 minutes

• 4,400 business establishments, 20 major companies, 55,000 employees

• Major employers (employees) include ExxonMo-bil, UPS (4,300), Baker Hughes (1,600), Halliburton (1,300), United Airlines (700), and Extend Health (500)

• 18 million square feet of retail, office, and industrial space

• Greenspoint Place: 36-acre campus featuring Class A office space and a 480-room Hilton; Includes six office buildings and two connecting retail centers totalling 2 million square feet; Major tenants include American Bureau of Shipping and Swift Energy

The Woodlands 10 miles / 13 minutes

• Spanning 28,000 acres; one of the most successful master-planned communities in the nation

• The Woodlands Town Center: 1,000-acre “downtown” of The Woodlands is one of the most active commer-cial building markets throughout Houston

• Contains over 6.9 million square feet of office space

• Major employers (# of employees) include Anadarko (3,173), Memorial Hermann The Wood-lands Hospital (2,404), AonHewitt (1,800), CHI St. Luke’s Health -The Woodlands Hospital (1,600), CB&I (971), Baker Hughes (480), Huntsman Com-pany (917), Chevron Phillips Chemical Company (728), and Entergy (532)

• The Woodlands Mall: 1.3 million square feet of shop-ping and dining

• Cynthia Woods Mitchell Pavilion: Outdoor amphithe-ater seats 6,500 with capacity for an additional 10,000 on the lawn; Bordered by Market Street and the Wood-lands Waterway

• The Woodlands Market Street: Over 70 high end retail shop; various restaurants; AVIA hotel; Market Street Cinemark movie theater; WiFi-enabled central park

SPRINGWOODS VILLAGE

THE WOODLANDS TOWN CENTER

HOUSTON NORTHWEST MEDICAL CENTER

Area Highlights


www.dmreland.com

UNDER CONSTRUCTIONNEW SF DEVELOPMENT

Mainstreet America

Cypresswood Commons

TopGolf

Spring High School

Springwoods Village (5 mi)The Woodlands (10 mi)

±55 ACRES

PAD SITES

Employment ExxonMobil Corporate Campus

• 385-acre campus completed in 2015; relocated 10,000 employees to the area

Southwestern Energy• Headquarters completed in 2014 • Approx.1,100 employees (expected to grow to 3,000)

American Bureau of Shipping (ABS)• Will be located in the 10-story, 326,800-SF CityPlace 2

mixed-use projectHP Corporate Campus

• 378,000 square feet in two buildings and approxi-mately 2,400 employees

• Began construction in early 2017; completed by third quarter 2018

• Construction on the global headquarters has begun and completion is scheduled for late 2018

CHI St. Luke’s Health • Phase I opened in January 2016: 55,000-square-

foot ambulatory medical center; 4 inpatient beds, 10 emergency room beds, four operating suites, two endoscopy suites, full diagnostic imaging capabilities and 100,000 square feet of medical office space; the hospital will have 250 beds at build out

• Initial investment for the project was $120 million; St. Luke’s has committed up to $70 million over the next five years

CityPlace• Construction began in early 2015 on the 60-acre

mixed-use urban district• Phase I: two Class A office buildings with a combined

total of 420,000 square feet of office space, three waterfront restaurants, and other ground-level retail

• Luxury residential, office buildings, retail, dining, a full-service hotel and public plaza

AmenitiesThe Market at Springwoods

• Construction started in spring 2016• Kroger-anchored 300,000-square-foot retail project• Phase I (summer 2017): Torchy’s, Chick fil a, MOD,

Zoe’s, Tarka, Cold Stone, Lovett Dental, Supercuts, Nails of America, Banfield Pet Hospital, and Big Salad

• Speedy Stop service station opened in early 2017

Spring Grove Park• Dog park and walking trails

The Springwoods Village Nature Preserve• 150-acre nature preserve

Spring Creek Greenway• 46 miles of trails plus recreation facilities and boat

launch

Springwoods Village (5 miles)


www.dmreland.com

10-1

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WWW.DMRELAND.COM

±55 (±45 USABLE) ACRES ON I-45 - LoopNet · 2018-07-17 · Dosch Marshall Real Estate...

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Transcript of ±55 (±45 USABLE) ACRES ON I-45 - LoopNet · 2018-07-17 · Dosch Marshall Real Estate...