ARGYLE Land/Lots/Shell Buildings FOR SALE BUSINESS PARK€¦ · are bsess ark offering summary | 5...
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ALEX PAYNE alex @ axisrealty.biz 972.979.7727 BRAD ANDRUS [email protected] 940.368.3588 CHASE TRAUGHBER [email protected] 972.515.0045 212 South Elm Street Denton, Texas 76201 940.891.2947 | axisrealty.biz ARGYLE FOR SALE Land/Lots/Shell Buildings BUSINESS PARK
Transcript of ARGYLE Land/Lots/Shell Buildings FOR SALE BUSINESS PARK€¦ · are bsess ark offering summary | 5...
ALEX [email protected]
BRAD [email protected]
CHASE [email protected]
212 South Elm St reet
Denton, Texas 76201
940.891.2947 | axisreal ty.biz
ARGYLE FOR SALELand/Lots/Shell Buildings
BUSINESS PARK
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 2
Offering Overview
Argyle Business Park (the “Property”) is located in Argyle, Texas just north of the intersection of FM 1830 and FM 407 and one mile northwest of Lantana.
Argyle Business Park provides a unique location for light industrial, storage and commercial businesses in high income area of Denton County. Great for service related businesses that cater to the extreme growing population of Argyle, Denton, Lantana, Bartonville, and Justin. Outside of city limits, the park will be professionally managed but not regulated by city processes.
The Property is being offered for for purchase in its entirety, as individual lots (with infrastructure in place), or in new construction shell building condition.
• Unincorporated Denton County
• Water available (septic system)
• High income/high growth area
Address 308 East FM 1830Argyle, Texas 76226
Zoning N/A (outside city limits)
Total Property Size 21.8 acres
Individual Lot Sizes 1 – 21.8 acres
Price - Entire Site $2,000,000
Price - Per Lot $299,000 – $329,500
Price - Shell Building*
6,000 SF – $800,0008,000 SF – $855,00010,000 SF – $915,00012,000 SF – $1,000,000
*See page 3
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 3
Offering Overview
New construction shell building condition is defined as:
Approximately 10% office finish out
Base electrical
No HVAC in warehouse
Insulated buildings
At least two overhead doors, insulated
16’ wall heights
Concrete parking in front for office/customer use and fire lanes around two
sides
Fencing not included
No improvements (gravel/concrete) to excess land (can be an add on)
Sprinklers in buildings
Septic system
Glass storefront & doors
Representative shell condition
Preliminary rendering
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 4
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OFFERING SUMMARY | 5
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A TRACT OF LAND DESCRIBED IN A DEED TODFW ARGYLE BUSINESS PARK, LLC
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A TRACT OF LAND DESCRIBED IN A DEED TORAHIM E. PHELPS AND MARY E. PHELPS
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ARGYLEBUSINESS PARK
OFFERING SUMMARY | 6
Location
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 7
Location
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 8
Location
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 9
Denton Overview
• Accessible to over 1 million people within a 30-minute drive
• Strategically situated at the heart of Denton’s traffic and growth patterns
• From 2000 to 2010, Denton’s population bloomed by 41% and is anticipated to double by 2030.
• #3 fastest growing large county in America
• University of North Texas is the 5th-largest university in Texas (33rd largest in America).
• Texas Women’s University has a student population of over 15,000.
• Denton’s diversified economy is home to major employers including Peterbilt Motors, Sally Beauty Supply, United Copper, Acme Brick, Jostens, and Farmer Brothers.
• Major distribution facilities for Target , Walmart, Safety-Kleen, and Miller Brewing are located in Denton
ARGYLEBUSINESS PARK
OFFERING SUMMARY | 10
Dallas/Fort Worth Overview
• Unemployment rate of 3.2% , adding over 108,000 jobs in the last 12 months (2.97% job growth rate)
• 146,000 new residents in 2017 (U.S. Census)
• ULI’s Emerging Trends “#2 Top Market to Watch” in 2017
• One of the largest concentrations of corporate headquarters in the country and has recently attraced a notable list of expansions and relocations spanning several diverse industries
• Forbes recently ranked Texas #1 in Growth Prospects out of all 50 states
248 destinations worldwide69 million+ passengers/year
Lead nation in growth past 10 years15.7 million+ passengers/year
Ranked in the INC. 5000 fastest-growing private companies that call Dallas/Fort Worth home
Dallas-Fort Worth International Airport and Dallas Love Field Airport service
84.7 MILLION PASSENGERS PER YEAR
3.9 MILLION
3.2%
WORKERS (4Q 2018)
UNEMPLOYMENT RATE (4Q 2018)
1.1 MILLION
8,438,307
Residents added to the region between 2010 and 2018
Projected population of the region by 2025
4th
181 COMPANIES
LARGEST WORKFORCEIN AMERICA
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STATE FOR DOING BUSINESS 14 YEARS IN A ROWChief Executive Magazine 2018
STATE AND LOCALINCOME TAX RATE
in Growth Prospects (as of 11/2018)
Dallas/Fort Worth
212 South Elm St reet | Denton, Texas 76201 | 940.891.2947 | axisreal ty.biz
ALEX PAYNE CHASE TRAUGHBERBRAD [email protected]
Information concerning the property described herein has been obtained from other sources and neither Owner nor Axis Realty Group, nor their respective employees and agents makes any representations or warranties, express or implied, as to the accuracy or completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due diligence criteria different from that used by a purchaser, and Axis Realty Group and its employees and agents disclaim any liability that may be based upon or related to the information contained herein. Prospective purchasers should conduct their own independent investigation and rely on those results. The information contained herein is subject to change.
ARGYLEBUSINESS PARK
