THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College,...

12
2200 N AW Grimes, Round Rock, TX 78665 PROFESSIONAL OFFICE CONDOS FOR SALE THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT PROPERTY OVERVIEW The Season's at Chandler Creek is a Brand New Professional Mixed-Use Development off of A.W. Grimes and Tiger Trail. Ideally situated in the booming east side of Round Rock, these design-to-build office condos and retail buildings have excellent frontage on A.W. Grimes. Ideal for office professionals, medical and retail tenants. The Villas at Chandler Creek will offer 22 residential townhomes for sale on the back of the development creating a dynamic blend and vibrancy of commercial, retail and residential to the booming market on the east side of Round Rock! PROPERTY FEATURES Design to Build Professional Office Condos Retail ideal for Restaurants, Nail Salon, & neighborhood Traffic Counts Palm Valley Blvd at Hwy 79: 37,000 VPD A.W. Grimes Blvd 12,806 VPD, Sunrise Rd 15,050 VPD Close to Kalahari, Texas A&M Medical Science Center, Seton, Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE PRICE: Shell - $300 PSF RETAIL LEASE RATES: $30-$32 PSF NNN (*$8.95 PSF) OFFICE LEASE RATES: $22-$24 PSF + NNN RETAIL BUILDING: Bldg 100 - 2,400 SF - SOLD Bldg 200 - 1,600 SF - 4,800 SF Bldg 300 - 1,600 SF - 4,800 SF OFFICE CONDOS: Bldgs 400 - 1100: 1,250 SF Bldgs 1200 - 1800: 2,500 SF Each Office Independently Owned and Operated kwcommercial.com KW COMMERCIAL 2300 Greenhill Drive, #200 Round Rock, TX 78664 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. FRANCES CROSSLEY Commercial Agent 0: 512.439.3785 C: 512.751.0004 [email protected] TX #624525

Transcript of THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College,...

Page 1: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

2200 N AW Grimes, Round Rock, TX 78665PROFESSIONAL OFFICE CONDOS FOR SALE

THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT

PROPERTY OVERVIEWThe Season's at Chandler Creek is a Brand New ProfessionalMixed-Use Development off of A.W. Grimes and Tiger Trail. Ideallysituated in the booming east side of Round Rock, thesedesign-to-build office condos and retail buildings have excellentfrontage on A.W. Grimes. Ideal for office professionals, medical andretail tenants. The Villas at Chandler Creek will offer 22residential townhomes for sale on the back of the developmentcreating a dynamic blend and vibrancy of commercial, retail andresidential to the booming market on the east side of Round Rock!

PROPERTY FEATURESDesign to Build Professional Office Condos

Retail ideal for Restaurants, Nail Salon, & neighborhood

Traffic Counts Palm Valley Blvd at Hwy 79: 37,000 VPD

A.W. Grimes Blvd 12,806 VPD, Sunrise Rd 15,050 VPD

Close to Kalahari, Texas A&M Medical Science Center, Seton,Seton Hospital, Austin Community College, & Texas StateUniversity.

OFFICE CONDO SALE PRICE: Finished - $325 PSF

RETAIL SALE PRICE: Shell - $300 PSF

RETAIL LEASE RATES:$30-$32 PSF NNN (*$8.95

PSF)

OFFICE LEASE RATES: $22-$24 PSF + NNN

RETAIL BUILDING:

Bldg 100 - 2,400 SF -

SOLD

Bldg 200 - 1,600 SF -

4,800 SF

Bldg 300 - 1,600 SF -

4,800 SF

OFFICE CONDOS:

Bldgs 400 - 1100: 1,250

SF

Bldgs 1200 - 1800: 2,500

SF

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

Page 2: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK

OFFICE CONDOS FOR SALE

PROFESSIONAL OFFICE CONDO

ONE ENTRY FLOOR PLAN 2,500 SF

Page 3: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK - OFFICE CONDOS FOR SALE

OFFICE CONDOS FOR SALE

PROPOSED FLOOR PLAN

Page 4: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK - OFFICE CONDOS FOR SALE

OFFICE CONDOS FOR SALE

FLOOR MODEL - OFFICE FLOOR MODEL - ENTRY WAY

FRONT OF BUILDING

FLOOR MODEL - KITCHENETTEFLOOR MODEL - OFFICE

FLOOR MODEL - CONFERENCE ROOM

Page 5: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

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Page 6: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

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Page 7: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK - OFFICE CONDOS FOR SALE

OFFICE CONDOS FOR SALE

Page 8: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK

OFFICE CONDOS FOR SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

Page 9: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK

OFFICE CONDOS FOR SALE

* Demographic data derived from 2010 US Census

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

1 MILE 3 MILES 5 MILES

Total households 1,647 22,653 48,381

Total persons per hh 2.7 2.8 2.9

Average hh income $79,022 $77,808 $80,385

Average house value $215,526 $193,668 $212,314

1 MILE 3 MILES 5 MILES

Total population 4,437 64,304 138,441

Median age 32.0 31.4 31.9

Median age (male) 31.7 31.2 31.5

Median age (female) 32.4 31.6 32.1

Page 10: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Why Own an Office Condo? Costs Security When a business owner leases office space, there is no guarantee of what the costs will be once the current lease expires. On the other hand, when a business owner purchases office space, the amount of the monthly mortgage will be set. That means that as the business grows, the profit can grow more easily as well. It may be easier to determine long term budgetary needs as one of the major costs of of doing business will be steady. Income Tax Benefits The associated costs of owning and running a Commercial space may provide expense deductions that you would not receive as a Renter. Low Borrowing Costs The cost of debt to acquire real estate is at historical lows particularly for the owner occupant. Access to cheap funds available to financially sound corporate users makes ownership look very enticing. The difference between an owner occupant’s cost to borrow compared to real estate investor’s cost to borrow is significant. Appreciation / Retirement Fund The prospect of owning commercial space and having the property appreciate over time, allows the owner to sell out and fund their retirement. Build Equity Owning office space allows the business owner to build equity in the business. This is valuable not only for the obvious reasons, but owning office space may also help grow the business in the future. The greater work of the business, the better chance that business has of securing funding for future growth. Having an office building in their portfolio, and the equity that comes with it, could potentially be the difference between a and yes or a no when it comes to securing a business loan in the future.

2200 N AW Grimes, Round Rock, TX 78665

THE SEASONS AT CHANDLER CREEK

OFFICE CONDOS FOR SALE

Each Office Independently Owned and Operated kwcommercial.com

KW COMMERCIAL2300 Greenhill Drive, #200Round Rock, TX 78664

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

FRANCES CROSSLEYCommercial Agent0: 512.439.3785C: [email protected] #624525

Page 11: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

Kalahari Resorts delivers a “world-away” waterpark resort and conference experience beyond expectations. The authentic themed Kalahari Resorts feature well appointed guest rooms, full-service amenities, fully equipped fitness center, on-site restaurants, unique retail shops and state of the art conference centers.

Kalahari Resorts has chosen Round

Rock as the location of its fourth

family resort and convention center.

The City views this proposal as a game

-changer for our community. Its proxim-

ity to Old Settlers Park and Dell Dia-

mond – two well-established venues

that together draw more than a million

visitors annually – bodes well for a suc-

cessful, tourism-oriented development.

This is essentially a new industry for

Round Rock that will provide substan-

tial property tax revenues and diversi-

fy available employment opportunities.

Kalahari Resort & Convention’s Round Rock location is

scheduled to open in 2020.

The Shops at

LEGENDS

Village

Page 12: THE SEASONS AT CHANDLER CREEK - MIXED USE DEVELOPMENT · Seton Hospital, Austin Community College, & Texas State University. OFFICE CONDO SALE PRICE: Finished - $325 PSF RETAIL SALE

8-17-2015

TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be supervised by a broker to perform any services 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 informa on about the property or transac on received by the broker;

• Answer the client’s ques ons and present any offer to or counter-offer from the client; and

• Treat all par es to a real estate transac on honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

• AS AGENT OR SUBAGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. A subagent represents the owner, not the buyer, through an agreement with the owner’s broker. An owner's agent must perform the broker’s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on 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 wri en representa on agreement. A buyer's agent must perform the broker’s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller’s agent.

• AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must first obtain the wri en

agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary:

• Must treat all par es to the transac on impar ally and fairly;

• May, with the par es' wri en 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 instruc ons of each party to the transac on.

• Must not, unless specifically authorized in wri ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wri en asking price; ᴑ that the buyer/tenant will pay a price greater than the price submi ed in a wri en offer; and ᴑ any confiden al informa on or any other informa on that a party specifically instructs the broker in wri ng not to

disclose, unless required to do so by law.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s du es and responsibili es to you, and your obliga ons under the representa on 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 no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker’s services. Please acknowledge receipt of this no ce below and retain a copy for your records.

InformationAboutBrokerageServicesTexas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords. .

Designated Broker’s Name License No. Email Phone

Agent’s Supervisor’s Name License No. Email Phone

Broker’s Licensed Name or Primary Assumed Business Name

License No. Email Phone

Regulated by the Texas Real Estate Commission InformaƟon Available at www.trec.texas.gov IABS 1-0

Date Buyer/Tenant/Seller/Landlord Initials

Sales Agent/Associate’s Name License No. Email Phone

Keller Williams Realty/SGMM LTD [email protected] 512-255-5050

284667 [email protected] 512-255-5050Avis Wukasch

[email protected] 512-255-5050284667Avis Wukasch

Frances Crossley 624524 [email protected] 512-751-0004