Commercial Quarterly Retail | Office | Industrial | Multifamily | Land | Hospitality
Commercial Real Estate Quarterly Review
3rd Quarter
2013
www.OldhamGoodwin.com
Commercial Quarterly 3rd Quarter 2013
Table Of Contents
Property Items Explained........................................................................................................................................................................................ 3 Property Spotlight: 204 South Parker Avenue | Bryan, Texas......................................................................................................................... 4 Commercial Properties For Sale............................................................................................................................................................................ 5 Property Spotlight: Tower Point Development | College Station, Texas......................................................................................................... 7 Urban Land For Sale............................................................................................................................................................................................... 8 Recreational & Farm/Ranch Land For Sale........................................................................................................................................................15 Property Spotlight: 2505/2507 Hickory Drive | College Station, Texas...................................................................................................16 Multifamily Properties For Sale............................................................................................................................................................................17 Property Spotlight: Almeda Crossing | Houston, Texas..................................................................................................................................18 Retail Properties For Lease...................................................................................................................................................................................19 Property Spotlight: Southwood Business Center | College Station, Texas...................................................................................................23 Office Properties For Lease..................................................................................................................................................................................24 Property Location Map.........................................................................................................................................................................................27
About the Cover: Tower Point is a ~75-acre master-planned mixed-use development located in south College Station on the highly visible northwest corner of Highway 6 and Highway 40 (William D. Fitch Parkway). Tower Point features multiple pad sites available for purchase, build to suit and ground lease opportunities. In addition, ~60,000 SF of inline retail will be available for lease. Tower Point in College Station offers restaurants, retailers and business owners an opportunity to capture the currently underserved South College Station market. In addition to the current pad site Tenants and retailers, the master-planned development’s future growth will also include medical and professional office space as well as the continued construction of new future retail and entertainment venues. The development is centrally located and surrounded by numerous affluent new subdivisions and retail developments. The convenience and accessibility of Shops at Tower Point, along with the rapidly expanding, affluent and underserved population makes this development a prime location for both customers and retailers. For more information, please visit www.OldhamGoodwin.com. Chief Editor & Graphic Design: Dale Sandlin
Editor: Shep McAllister
Volume 5, Issue 3
Š 2013 Oldham Goodwin Group, LLC. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projections, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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Bryan/College Station | Houston
Commercial Quarterly
3rd Quarter 2013
Property Items Explained Featured Properties Property Name/Location: This box describes the address and city or the name of the available property.
Property Description: This box explains the property’s features.
204 South Parker Avenue | Bryan
New Listing
Completely Renovated, ~2,750 SF Free Standing Office Building In Downtown Bryan • Complete Aesthetic & Mechanical Upgrade Completed In 2009 • Contemporary Finished Interior With Open Floor Plan • Priced Below Replacement Cost At $90.54 Per Square Foot
Property Status: This box describes whether the property is a New Listing, Sold or 100% Leased.
Property’s Map Location: This icon indicates the property’s approximate location on the map.
Visit www.OldhamGoodwin.com www.OldhamGoodwin.com
3
Commercial Quarterly 3rd Quarter 2013
Property Spotlight: 204 South Parker Avenue | Bryan, Texas Offering Summary: Asking Price: Price/SF:
$249,000 $90.54/SF
Construction Features: Foundation: Reinforced Concrete Slab Frame: Steel Exterior Walls: Concrete Roof Structure: TPO With Warranty Through 2018
Land Information: Size: ~4,380 SF Zoning: C-1; Commercial Frontage: ~75 Feet On South Parker Avenue Access: Curb Cut On South Parker Avenue
Downtown Office Building For Sale
(Most Information From Brazos CAD & GIS)
Property Overview:
Oldham Goodwin is pleased to present this Downtown Bryan freestanding office building for your consideration. This property, located at 204 South Parker Avenue, was most recently the corporate offices and studio for TexAgs, prior to their expansion and relocation. The building consists of ~2,750 SF of contemporary finished office space that was completely remodeled in 2009. In addition to an interior and exterior renovation, the buildings HVAC, electrical, and roof systems were replaced in 2009. Located just two blocks off of Main Street, don’t miss this rare opportunity to purchase a move in ready office building in Downtown Bryan.
Property Highlights: • • • • • •
4
Completely Renovated, ~2,750 SF Free Standing Office Building In Historic Downtown Bryan, Texas Complete Aesthetic & Mechanical Upgrade Completed In 2009 Attractive, Contemporary Style, Finished Interior Office Space With Open Floor Plan That Can Be Easily Modified To Fit Your Needs Located Just Two Blocks West Of Main Street & The Highly Active & Redeveloping Downtown Bryan Rare Opportunity To Acquire Completely Remodeled & Move In Ready Building In The Downtown Area Priced Below Replacement Cost At $90.54 Per Square Foot
Bryan/College Station | Houston
Clinton D. Oldham
Director of Brokerage Services Vice President | Commercial Group 409.781.7734 clint.oldham@OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2013
Commercial Properties For Sale 204 South Parker Avenue | Bryan
New Listing
1689 W Highway 79 | Buffalo
Crystal Park Plaza | College Station
New Listing
New Listing
Completely Renovated, ~2,750 SF Free Standing Office Building In Downtown Bryan • Complete Aesthetic & Mechanical Upgrade Completed In 2009 • Contemporary Finished Interior With Open Floor Plan • Priced Below Replacement Cost At $90.54 Per Square Foot
~6,000 SF Freestanding Medical Office Building In Buffalo, Texas • Located On Highway 79 With Easy Access From Surrounding Area • Just Outside Of Buffalo City Limits & Less Than Two Miles From Interstate 45
Class A Professional Office Building • Excellent Visibility With Exceptional Traffic Counts • Over ~90,000 SF Of Office Space Situated On Over 7 AC • Five (5) Story Building With Attached Annex
2700 A Earl Rudder Freeway | College Station
3400 South Texas Avenue | Bryan
3011 Earl Rudder Freeway | College Station
New Listing
~4,000 SF Warehouse/Storage Building Situated On ~1.92 AC • Four Separate & Securable Bays With ~20’ Roll-Up Doors • Electricity Provided To All Bays
New Listing
~13,400 SF Multi-Tenant Office Building Situated On ~4.72 AC • Over 200’ Of Texas Avenue Frontage With Two Curb Cuts • Located On Texas Avenue, The Main North-South Thoroughfare Between Bryan & College Station
~19,250 SF Freestanding Office Building In College Station • Central Location On Highway 6 With Easy Access From Most Of The B/CS MSA • Located In The Professionally Managed Emerald Pointe Business Park
RECENT TRANSACTIONS For More Information Contact:
Clinton D. Oldham
Oldham Goodwin represented the seller in the disposition of a ~76,106 SF Crane Served Industrial Facility
Oldham Goodwin represented buyer in the acquisition of a ~22,501 SF Retail Center
www.OldhamGoodwin.com
Director of Brokerage Services Vice President | Commercial Group Phone: 979.268.2000 Fax: 979.846.7020 Cell: 409.781.7734 clint.oldham@OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Commercial Properties For Sale Oxford & Cambridge Court | College Station
United Plaza | College Station
Southwood Business Center | College Station
Two Class “A” Executive Suite Office Buidings Located Squarely In The Center Of College Station’s Path Of Growth • Located Near New H-E-B Anchored Tower Point Mixed Use Development & New College Station ISD High School
Great Opportunity For Investor Or Owner Occupier In An Irreplaceable Location • Significant Upside With Lease-Up Of Vacant Suites • Tremendous Location Close To Texas A&M University
Prime Visibility On Texas Avenue & State Highway 6 • Attractive New Construction & Landscaping • Convenient & Easy Access From Texas Avenue
The Commercial Group would be delighted to have the opportunity to discuss our services with investors, end users, and owners of Retail, Office and Industrial properties.
Clinton D. Oldham
Director of Brokerage Services Vice President | Commercial Group 409.781.7734 | clint@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Clinton D. Oldham
Director of Brokerage Services Vice President | Commercial Group Phone: 979.268.2000 Fax: 979.846.7020 Cell: 409.781.7734 clint.oldham@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~7,420 SF Medical Office Building
Bryan/College Station | Houston
Oldham Goodwin represented the Shops At Tower Point in the acquisition of a ~13,500 SF Retail Center
Commercial Quarterly
3rd Quarter 2013
Property Spotlight: Tower Point Development | College Station, Texas Offering Summary: Call For Pricing
Accessibility: Property can be accessed via Highway 6 Service Road, Arrington Road, Decatur Dive, or Highway 40 (William D. Fitch Parkway)
Visibility: Excellent visibility from Highway 6 & Highway 40
Mixed-Use Master Planned Development For Sale, Lease & Build-To-Suit
Traffic Counts:
(per TXDOT)
State Highway 6:
~63,000 VPD
Property Highlights:
• Located Within ~75- Acre, H-E-B Anchored, Master-Planned Mixed-Use Development • Adjacent To A Mix Of National Credit Retail & Regional Medical Users • Situated In High Growth Corridor & Surrounded By High-Income Rooftops • All Utilities & Master Detention In-Place • Rare Opportunity With C-1 Zoning In Place & Priced To Sell
Ideal For: • • • • •
Neighborhood Retail Big Box Retail Casual Sit Down Restaurant Quick Service Restaurant Bank
• • • •
Hotel Office High Density Multifamily Indoor Theatre
Jeremy Richmond , CCIM
Vice President | Land Group Brokerage Services 979.777.8176 jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Urban Land For Sale ~6.3 AC On Southwest Parkway| College Station
~5 AC On Chick Lane | Bryan
New Listing
North Forest Business Park | College Station
New Listing
New Listing
Very Rare, Urban Infill Tract Located In Close Proximity To Texas A&M University • One Of The Last Remaining Multi-Family Sites Between Wellborn Road & Texas Avenue On The South Side Of Campus
Proximate To Two Single Family Residential Developments • Easy Access To West Villa Maria Road • Located Across The Street From Traditions Golf Course & Country Club • Adjacent To The Texas A&M University Research Corridor
Easily Accessible, Centrally Located In The Heart Of Bryan/College Station • Next To Very Attractive Medical Office Developments • Highly Visible From State Highway 6 (Earl Rudder Freeway) With ~56,000 VPD
~9.47 AC On Graham | College Station
1719 East 29th Street | Bryan
~20 AC On FM 2818 | College Station
Centrally Located To Downtown Bryan, Blinn College & St. Joseph Regional Health Center • Highly Visible With High Traffic Counts on East 29th Street • All City Utilities Available • Regular Shape & Topography
Centrally Located On High Traffic Corridor In Close Proximity To Texas A&M University • Excellent Visibility From Holleman Drive & FM 2818 • Easily Divisible To Accommodate A Variety Of Uses & Pad Sizes • All City Utilities Available
New Listing
Easy Access To Wellborn Road • Level Topography & Rectangular In Shape • Surrounded By Established Single-Family Subdivsions In South College Station • Very Rare Tract With M-1 Zoning Inside City Limits
RECENT TRANSACTIONS For More Information Contact:
Cyndee Smith
Subject
Vice President | Commercial/Country Properties Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.816.3407 cyndee.smith@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~25 AC tract on Old Reliance Road in Bryan
Bryan/College Station | Houston
Oldham Goodwin represented the buyer in the acquisition of a ~30 AC recreational tract in College Station
Commercial Quarterly
3rd Quarter 2013
Urban Land For Sale Double Creek Development | Bryan
~1.78 AC in Tower Point Development | College Station
401 William D. Fitch | College Station
Centrally Located On Highway 6 Corridor In Close Proximity To Highway 6 & University Drive Intersection • Highly Visible From Highway 6 With Convenient Access From Future TXDOT Off Ramp Relocation
Located Within H-E-B-Anchored Tower Point Development in South College Station • In Close Proximity To National & Regional Retailers, As Well As Major Medical Providers
Situated Directly On William D. Fitch Parkway • Located In Close Proximity To Established Residential Developments • Located In Close Proximity To New College Station High School
~3 AC On Blue Bell Road | Brenham
~1.912 AC on Highway 6 | College Station
~35.5 AC on Highway 6 | College Station
Excellent Light Industrial Development Tract On Highway 30 Corridor • Easy Access From Highway 30 To Highway 6 • Located In Close Proximity To Other Established Industrial Users • Owner Will Sell Or Build-To-Suit
Situated Directly On State Highway 6 Access Road, Offering Excellent Visibility • Extremely High Traffic Counts • In Close Proximity To Great Residential Density • Located Within College Station’s Proposed Medical Corridor
Centrally Located On Highway 6 In College Station • All City Utilities Available • Level Topography Suitable For Development • Excellent Visibility & Accessibility • Tremendous Amount Of Highway 6 Frontage
RECENT TRANSACTIONS For More Information Contact:
Jeremy Richmond, CCIM
Oldham Goodwin represented the seller in the disposition of a ~617 AC recreational tract
Oldham Goodwin represented the seller in the disposition of a ~30 AC tract on County Road 175
Vice President | Land Group Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.777.8176 jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Urban Land For Sale ~14.4 AC on Highway 21 | Bryan
~3.79 AC on FM 2818 | College Station
~2.3 AC on Arrington Road | College Station
Outstanding Redevelopment Tract On Major Thoroughfare • Strong Potential For Commercial & Multifamily Uses • Less Than ½ Mile From A New H-E-B Grocery Redevelopment • ~1,750 SF Office On-Site
Hard Corner With Outstanding Visibility From FM 2818 • Convenient Access To Highway 6 • Strong Traffic Counts Near Major Office Development • Situated In Growing South/Central College Station
Outstanding Development Tract In Desirable South College Station • Within The New H-E-B-Anchored Tower Point development • All Utilities • Strong Commercial And Retail Traffic Generators
12729 Highway 30 | Bryan
~62 AC on FM 60 | College Station
~19 AC on William D. Fitch | College Station
Excellent Light Industrial Development Tract On Highway 30 Corridor • Easy Access From Highway 30 To Highway 6 • Located In Close Proximity To Other Established Industrial Users • Owner Will Sell Or Build-To-Suit
Situated Directly On FM 60/University Drive • Located Within Minutes Of Texas A&M University Main Campus & The Texas A&M Health Science Center • Situated In Extremely Close Proximity To Proposed Biomedical Corridor
Outstanding Development Tract In Desirable South College Station • Strong Potential For Commercial & Multifamily Uses • Less Than 1½ Miles From New H-E-B & LowesAnchored Commercial Developments
RECENT TRANSACTIONS For More Information Contact:
Cyndee Smith
Vice President | Commercial/Country Properties Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.816.3407 cyndee.smith@OldhamGoodwin.com
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Oldham Goodwin represented the seller in the disposition of a ~2.2 AC of Retail Land in Tower Point Development
Bryan/College Station | Houston
Oldham Goodwin represented the seller in the disposition of ~1.1 AC of Commercial Development Land in Bryan
Commercial Quarterly
3rd Quarter 2013
Urban Land For Sale ~1.18 AC on Copperfield | College Station
~16.7 AC on Graham Road | College Station
~2.8 AC on Graham Road | College Station
Located In Established Crescent Pointe Office Park • Easy Access To State Highway 6 Via University Drive & Harvey Road • Located In Close Proximity To Several Established High Density Residential Developments, The Physicans Centre & Momentum Plaza
Located In Close Proximity To The College Station Medical Center & Scott & White Hospital • Located Within Borders Of Proposed College Station Medical Corridor • Located In Close Proximity To National Retailers
Located In Close Proximity To The College Station Medical Center & Scott & White Hospital • Located Within Borders Of Proposed College Station Medical Corridor • Located In Close Proximity To National Retailers
~15 AC on N Earl Rudder Freeway | Bryan
~25 AC on Old Reliance Road | Bryan
~99 AC on FM 2155 | Snook
Highly Visible Tract From State Highway 6 • Situated In High-Growth Corridor • Close Proximity To Regional Retail & National Restaurant Users • Recent Off Ramp Construction Provides Better Access To The Property
Located Directly Across From Bryan Earl Rudder High School • Located In Rapid Growth Northeast Bryan Corridor • Old Reliance Road Recently Widened To Four Lanes
All City Utilities Available • Located Centrally In Snook & Adjacent To Snook High School • Easy Access To FM 60 • Less Than 12 Miles From College Station & Texas A&M University • Level Topography Ready For Development
RECENT TRANSACTIONS Subject
For More Information Contact:
Jeremy Richmond, CCIM
Oldham Goodwin represented the buyer in the acquisition of a ~3.36 AC tract on FM 2818 in College Station
Oldham Goodwin represented the buyer in the acquisition of a ~1.1 AC tract in Harker Heights, Texas
Vice President | Land Group Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.777.8176 jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Urban Land For Sale ~58 AC on Leonard Road | Bryan
~1.93 AC on Highway 6 | Navasota
~4.8 AC on Highway 6 | College Station
All City Utilities Available • Located In Close Proximity To Established Residential Developments • Near Jane Long Middle School • Easy Access To Harvey Mitchell Parkway
Located On State Highway 6 • Adjacent To Nationally Flagged Best Western Hotel • Close Proximity To Numerous National Retailers
Excellent Visibility Along State Highway 6 • ~29,000 VPD (per TXDOT) • Convenient Access To State Highway 6 South
~4 AC in Creek Meadows | College Station
~17 AC on Highway 6 | Bryan
Boonville Town Center | Bryan
Large Commercial Tract Ready For Immediate Development • Located Within Established Creek Meadows Residential Development • Situated In Close Proximity To New Greens Prairie Elementary School
Over 30,000 SF Of Office/Warehouse Space On 17 Acres • Large Office/Showroom Areas With Multiple Drive Through Bays In Shop Area • Over 900 LF Of Frontage And 3 Access Drives On SH-6
Excellent Visibility Along State Highway 6 • ~63,000 VPD (per TXDOT) • Flexibility Of Tract Sizes Per Your Specifications • Competitive Pricing • Regional DetentionNo Need For On-Site Detention
RECENT TRANSACTIONS For More Information Contact:
SOLD Available
Central Texas ENT
Cyndee Smith
Vice President | Commercial/Country Properties Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.816.3407 cyndee.smith@OldhamGoodwin.com
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Available
Southwest to Northeast Perspective
Oldham Goodwin represented the seller in the disposition of a ~1.4 AC tract in Tower Point Development
Bryan/College Station | Houston
Oldham Goodwin represented the seller in the disposition of a ~0.59 AC medical pad in the North Forest Business Park
Commercial Quarterly
3rd Quarter 2013
Urban Land For Sale ~11 AC on East 29th Street | Bryan
~11 AC on North Graham | College Station
~1.24 AC in Park Hudson | Bryan
Excellent Medical Development Property • Strong Demographics & Traffic Counts • One Of Few Remaining Undeveloped Tracts In Area • Located On Major Commerce Thoroughfare
Development Tract Just Inside College Station City Limits • Adjoining Tract Also Available For Larger Potential Site • Infrastructure Development Planned For Recently Annexed Surrounding Area
Located In Park Hudson Mixed Use Development • Easy Access To State Highway 6 Via University Drive • Located In Close Proximity To Several High Density Residential Developments, The Physicans Centre & Momentum Plaza
~10 AC on FM 2818 | Bryan
~4.2 AC on FM 159 | Millican
~17 AC in Tower Point | College Station
Southwest to Northeast Perspective
Located In Close Proximity To Texas A&M University • In Close Proximity To New Texas A&M Health Science Center • Ideal For Neighborhood Strip Retail Development • All Utilities Available
Excellent Visibility Along State Highway 6 • ~29,000 VPD (per TXDOT) • Convenient Access To State Highway 6 South
Outstanding Development Tract In Desirable South College Station • Within The New HE-B Anchored Tower Point Development • All Utilities • Strong Commercial & Retail Traffic Generators
RECENT TRANSACTIONS For More Information Contact:
Jeremy Richmond, CCIM
Oldham Goodwin represented the seller in the disposition of a ~1.27 AC tract to an IHOP Franchisee
Oldham Goodwin represented the seller in the disposition of a ~1.57 AC tract to Walgreens
Vice President | Land Group Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.777.8176 jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Urban Land For Sale ~6 AC on Associates Avenue | College Station
~3.72 AC on Texas Ave | College Station
~16 Acres on Narrow Way| College Station
Commercial Development • Quick Access To Highway 30 & SH 6 • Office/ Warehouse Users • Preliminary Site Plan & Master Preliminary Plat Created
Great Commercial Tract Centrally Located In College Station • Access From Texas Avenue & Morgans Lane • Ideal For Hotel Or Office Development • All City Utilities Available
Close Proximity & Convenient Access To State Highway 6 • Directly In The Projected Growth Path Of The City Of College Station • Regular Shape, Suitable For Development
~19.236 AC on Greens Prairie | College Station
~3.92 AC on N. Earl Rudder Fwy | Bryan
Park Central Center | Bryan
Pad Site For Lease
Extremely Rare Large Tract Platted For Multifamily Development • Adjacent To Highly Successful Multifamily Project • Quick Access To FM 2154 (Wellborn) & State Highway 40
Highly Developable Commercial Tract Located In High Growth Corridor Of Northeast Bryan • Highly Visible • Access From Two Roads • Ideal For Office Development Or Car Lot FM 1155
Legend
FM
RECENT TRANSACTIONS
GatesRanch
27 26 FM
2726
Convenient & Easy Access From Two Thoroughfares • Excellent Visibility With Frontage On Texas Avenue • Located Less Than 1/4 Mile From Texas A&M University • Available Space: ~0.5 AC Pad Site
Farms
Property Boundary
Boenker Hill
Equestrian Easement
North Pond
Private Entry Drive
360
Equestrian/Walking Trail (Phase One Total Distance: 8 Miles)
Lakeshore Sycamore Hill
Flat
Church Pond
64 Acres 73 Acres 76 Acres 107 Acres SOLD 36 Acres
EgyptLane
ie Rd Prair
Mount Zion
73 Acres
Wood Run
58 Acres
Egypt Hill
35 Acres
Forest Hill
34 Acres
For More Information Contact:
Cyndee Smith
Vice President | Commercial/Country Properties Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.816.3407 cyndee.smith@OldhamGoodwin.com
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October 2012
The information contained herein is believed to be correct and accurate, but is subject to change without prior notice.
Oldham Goodwin represented the seller in the disposition of a ~35 AC tract of land in Gates Ranch
Bryan/College Station | Houston
Oldham Goodwin represented the seller in the disposition of a ~120 AC of Industrial Land in Brenham
Commercial Quarterly
3rd Quarter 2013
Recreational & Farm/Ranch For Sale Gates Ranch | Washington County
~227 AC on the Brazos River | College Station
~164 AC on FM 2818 | Bryan
Extensive Frontage On The Brazos River • Great Mix Of Open & Wooded Pasture • Loaded With Deer & Other Native Wildlife • Minutes From College Station & Texas A&M University
Commercial And PD-Housing Zoning • In Growing West Bryan, Near Lake Bryan • Nearly One Mile Of Frontage On FM 2818 • Strong Utility Service – Development Ready
~50% Sold
A Development Of:
Quiet Pastoral Settings Provide Welcome Relief From The City, Just Over An Hour’s Drive From Houston • Ideal For Families Who Appreciate What The City Has To Offer, Yet Value The Opportunity To Be In A Totally Different Environment
The Land Group specializes in Urban Land as well as Recreational & Farm/Ranch Land. If you are considering buying or selling land, please contact us today to discuss your needs.
Cyndee Smith
Vice President | Commercial & Country Properties Brokerage Services 713.816.3407 | cyndee.smith@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Jeremy Richmond, CCIM
Oldham Goodwin represented the seller in the disposition of a ~23 AC tract on Elmo Weedon Road
Oldham Goodwin represented the buyer in the acquisition of a ~17 AC tract in Tower Point Development
Vice President | Land Group Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.777.8176 jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Property Spotlight: 2505/2507 Hickory Drive | College Station, Texas Property Information: Number Of Units: Net Rentable SF: Average Unit Size: Number of Buildings: Number of Bedrooms: Parking: Year Built:
Utilities:
2 2,102 SF 1,051 SF 1 6 ~4 Spaces 1986
*Separately Metered
Electricity: College Station Utilities Water: College Station Utilities Sewer: College Station Utilities Telephone: Verizon Internet: Suddenlink Natural Gas: N/A
Representative Photo
Duplex Property For Sale Property Overview: Oldham Goodwin is pleased to present the Hickory Park Duplexes for your consideration. The property is located in central College Station and is an opportunity to acquire a Class B duplex that has been well managed and maintained. The close proximity to Texas A&M University, and its location on both the Brazos Transit and Texas A&M University bus routes increases the desirability for both tenants and buyers. Hickory Park is within walking distance of two extensive College Station park/trail systems, area retail and restaurants. The Property sits in between both of the city’s major north/south corridors of State Highway 6 and Texas Avenue. The strong historic occupancy of the property and Bryan/ College Station economy makes this an excellent multifamily acquisition opportunity.
Investment Highlights: • Single Story Townhouse Style Units With Outstanding Historic Occupancy • Outstanding Location Between Texas Avenue & State Highway 6 On Southwest Parkway • Five Minute Drive To Texas A&M University • Fenced Yards & Private Driveways • On Texas A&M & Brazos Transit Bus Routes • Washer Dryer Connections & 2” Blinds In All Units
16
Bryan/College Station | Houston
Robert J. Young
Vice President | Commercial Leasing Brokerage Services 979.324.1717 robert.young@OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2013
Multifamily Properties For Sale 3 Income Producing Properties | Bryan
Aggie Acres Duplexes | College Station
New Listing
2501/2503 Hickory Drive | College Station
New Listing
Representative Photo
Located In Convenient Lakeview Neighborhood Near Bryan Municipal Golf Course & Short Walk To Williamson Park • ~1.5 Miles From Blinn College & ~2 Miles From Main Campus Of Texas A&M University • Each House Has 2 Beds/1 Bath With Fenced Yards
Newly Constructed, 24 Unit Duplex Package • Located Just Two Miles From Texas A&M University, Fall Enrollment Of Over 52,000 Students • All Units Have Fenced Yards & Private Driveways
16554 Highway 6 South | College Station
2505/2507 Hickory Drive | College Station
Single Story Townhouse-Style Units With Outstanding Historic Occupancy • Outstanding Location Between Texas Avenue & State Highway 6 On Southwest Parkway • Five Minute Drive To Texas A&M University
If you are considering leasing space, please contact our group and allow us to provide you with the insight and accessible expertise you need to make an informed decision.
Representative Photo
~4.25 Acres In College Station’s Growth Path • Four Rental Apartment Units • 35 RV Hookups • Covered & Open Storage Units • Bunkhouse • Laundry & Shower Facilities
Robert J. Young
Single Story Townhouse-Style Units With Outstanding Historic Occupancy • Outstanding Location Between Texas Avenue & State Highway 6 On Southwest Parkway • Five Minute Drive To Texas A&M University
Vice President | Commercial Leasing Brokerage Services 979.324.1717 robert.young@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Oldham Goodwin represented the buyer in the acquisition of two multifamily complexes in Houston, Texas
Oldham Goodwin represented the seller in the disposition of Soho Lofts In Bryan, Texas
Vice President | Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.324.1717 robert.young@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Property Spotlight: Almeda Crossing | Houston, Texas Property Attributes Gross Leasable Area: ~39,230 SF Site Size: ~155,871 SF Or ~3.58 AC Year Built: 2006 Zoning: N/A Parking: 202 Surface Parking Spaces
Traffic Counts
(Per TXDOT)
On Gulf Freeway At Harksook: ~206,000 vehicles per day
Retail Space For Lease Property Overview: Almeda Crossing Shopping Center is a ~39,230 SF Shadow Center directly adjacent to a Walmart Supercenter in the Almeda Mall trade area of Houston. The Center is located near the intersection of Gulf Freeway (I-45) and Almeda Genoa Road. Almeda Crossing is at the main entrance to Walmart off I-45 offering excellent visibility to the ~206,000 vehicles per day driving by. The center has approximately 202 parking spaces as well as two pylon signs. Major tenants in Almeda Crossing include Spec’s Liquor, China Star Buffet and T-Mobile. Additional retailers in the area include Marshalls, Ross Dress for Less, CitiTrends, Shoe Carnival, Anna’s Linens, Staples, Petsmart, Party City and Conn’s Home Plus.
Property Highlights: • • • • •
High Visibility With Excellent Traffic Counts Easy Access Off I-45 Feeder Road Or Walmart Access Road Directly Adjacent To Walmart Supercenter In Close Proximity To National & Regional Retailers 2 Pylon Signs
18
Bryan/College Station | Houston
Kathy King
Vice President | Retail Leasing Brokerage Services 713.208.7681 kathy.king@OldhamGoodwin.com
Commercial Quarterly
3rd Quarter 2013
Retail Properties For Lease Almeda Crossing | Houston
New Listing
Beverley Estates | Bryan
Plaza At Tower Point | College Station
New Availability
New Listing
High Visibility With Excellent Traffic Counts • Easy Access Off I-45 Feeder Road Or Walmart Access Road • Directly Adjacent To Walmart Supercenter • Diverse & Established Tenant Mix • Available Space: ~10,540 SF
Convenient & Easy Access From Two Thoroughfares • Recently Renovated With A Fresh Exterior & Contemporary Landscaping • Excellent Visibility With Frontage On Texas Avenue • Available Space: ~2,228 SF
• Excellent Visibility & Easy Access To State Highway 6 • Convenient Access To Retail, Grocery, Restaurant & Future Office Development • Dynamic Growth Area • Highly Visible Center With Exceptional Traffic Counts
The Rise | College Station
Gateway Station | College Station
Northpoint Crossing | College Station
18 Story Mixed-Use Development With Garage Parking • Located Across University Drive From Texas A&M University • First Floor Retail With Excellent Visibility • Available Space: ~2,583 SF
Located In The Heart Of Restaurant Row On University Drive And Highway 6 • Surrounded By National Retailers • Located on University Drive • Available Space: ~28,350 SF
Located Adjacent To Texas A&M University At Texas Avenue & University Drive • Tremendous Foot Traffic Generated By The 1,900-Bed, High-End, Multifamily Component • Construction To Commence Q2 2013 • Available Space: ~53,000 SF
RECENT TRANSACTIONS For More Information Contact:
Kathy King
Oldham Goodwin represented the landlord in the lease for Starbucks at Plazas At Rock Prairie
Oldham Goodwin represented the landlord in the lease for Dr. Andrew, DMD at The Prairie Center
www.OldhamGoodwin.com
Vice President | Retail Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.208.7681 kathy.king@OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Retail Properties For Lease Park Place Plaza | College Station
2611 & 2613 East 29th Street | Bryan
Post Oak Square | College Station
New Tenant
Convenient Community Retail Center • Great Visibility & Access On Southwest Parkway & Texas Avenue • Centrally Located Near Texas A&M University And Residential Subdivisions • Range Of Available Spaces: ~1,161 - ~45,500 SF
Competitive Rental Rates And Build-Out Allowance • Adjacent To Post Oak Mall • Proposed ~5,000 SF Freestanding Retail Building • ~3,000 SF Pad Site Available • Available Space: ~3,200 SF
High Visibility With Exceptional Traffic Counts • Close Proximity to Blinn College, Texas A&M University & Bryan’s Medical Service District • Adjacent To St. Joseph Regional Health Center • Available Space: ~2,400 SF
Rock Prairie Crossing | College Station
The Prairie Center | College Station
The Lofts At Wolf Pen Creek | College Station
Sub Lease
New Tenant
Easy Access To State Highway 6 & Rock Prairie Road • Serving the College Station Medical Corridor • Affluent & Rapidly Expanding Population • Central Location With High Traffic Counts • Available Space: ~1,150 SF
Easy Access To Rock Prairie Road & State Highway 6 • Adjacent To Kroger’s Signature Store, College Station Medical Center & Scott And White Hospital (2013) • Range Of Available Spaces: ~1,157 - ~1,408 SF
Potential For High Foot Traffic With Convenience From Adjoining Apartment Component • Restaurant Space Available For Immediate Occupancy • Range Of Available Spaces: ~2,145 - ~4,868 SF
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Vice President | Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.324.1717 robert.young@OldhamGoodwin.com
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Oldham Goodwin represented the landlord in the lease for Lifeway Christian Bookstore at Post Oak Square
Bryan/College Station | Houston
Oldham Goodwin represented the tenant in the lease for Kolache Rolf’s at 800 Earl Rudder Freeway in College Station
Commercial Quarterly
3rd Quarter 2013
Retail Properties For Lease Brookhaven Retail Center | Bryan
University Shopping Center| College Station
Highly Visible Neighborhood Retail Center • Convenient Access To An Outstanding Mix Of Restaurants, Retail & Student Housing • Adjacent to Walmart Supercenter • Range of Available Spaces: ~1,210 - ~1,610 SF
Excellent Visibility • Diverse And Established Retail Tenant Mix • Recently Updated Façade • Convenient Bank Availability With Drive-Thru Available • Range Of Available Spaces: ~1,000 - ~4,070 SF
Over 600 Feet Of Frontage Along Texas Avenue And Holleman Drive • Less Than ½ Mile From Texas A&M University • Five Points Of Access Off Of Three Major Thoroughfares • Available Space: ~4,000 SF
Market Square Shopping Center | Brenham
Westgate Center | Bryan
H-E-B Anchored Retail Center | Bryan
Big Box Availability • Less Than One Mile From Hwy 290 • Less Than Three Miles From Blue Bell Creameries • Range Of Available Spaces: ~4,000 - ~27,922 SF
Easy Access With Ample Parking Available • Cost Effective & Affordable Rents • Restaurant Space Available For Immediate Occupancy • Well Rounded & Established Tenant Mix • Range Of Available Spaces: ~750 - ~5,000 SF
In-Line Retail Space Available In H-E-B Anchored Center • Attractive New Construction • Situated In Rapid Growth Area • Pad Site Available For Build-To-Suit Or Ground Lease • Range Of Available Spaces: ~2,145 - ~4,868 SF
Freedom Center | Bryan
Restaurant Available
RECENT TRANSACTIONS For More Information Contact:
Kathy King
Oldham Goodwin represented the tenant in the lease for Boneheads at University Town Center
Oldham Goodwin represented the landlord in the lease for the Language Learning Center at Shops At Tower Point
www.OldhamGoodwin.com
Vice President | Retail Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.208.7681 kathy.king@OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Retail Properties For Lease Southwest Crossing | College Station
The Shops At The District | Bryan
Shops on Texas | College Station
~8,000 SF Pad Site Available • Located In The Center Of The Most Densely-Populated Student Area In College Station • Located One Mile From TAMU • Range Of Available Space: ~1,500 - ~6,000 SF
New Retail Space In Historic Downtown Area • Potential For High Foot Traffic • New Adjacent 1,000 Space Parking Garage • Unique Retail Center • Available Space: ~6,500 SF (Divisible)
Dynamic Growth Area • Central Location With High Traffic Counts • Great Visibility And Access On Texas Avenue Available Space: ~1,594 SF
Plazas At Rock Prairie | College Station
West Wind Shopping Center | Lubbock
Mid-Town Center | Bryan
~3.6 Miles From Texas Tech University & ~2 Miles From Lubbock Christian University • Great Visibility From Loop 289 • Available Space: ~1,952 SF
Convenient & Easy Access From Two Thoroughfares • Recently Renovated With Fresh Exterior Paint • Excellent Visibility With Frontage On Texas Avenue • Range Of Available Spaces: ~1,400 - ~2,160 SF
New Tenant
~4 Miles From TAMU • High Daytime Population • Southern “Gateway” Of College Station • Available Space: ~7,500 SF (Divisible)
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Vice President | Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.324.1717 robert.young@OldhamGoodwin.com
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Oldham Goodwin represented the tenant in the lease for ENOPI at The Prairie Center
Bryan/College Station | Houston
Oldham Goodwin represented the landlord in the lease for Guitar Center at 1003 Harvey Road
Commercial Quarterly
3rd Quarter 2013
Property Spotlight: Southwood Business Center | College Station, Texas Property Attributes Gross Leasable Area: ~24,559 SF Site Size: 96,000 SF or ~2.2038 AC Year Built: 2005 Zoning: C-1, Commercial Parking: 99 Surface Parking Spaces
Traffic Counts
(Per TXDOT)
On Highway 6 at Rock Praire Road: ~73,000 vehicles per day
Office Space For Lease Property Overview: Southwood Business Center is a Class A office building in one of the best locations on the rapidly-expanding south side of College Station. Located on the west side of State Highway 6 with over 400 feet of highway frontage, Southwood Business Center provides superior visibility for its tenants. In addition to its prime location, Texas Department of Transportation recently extended Texas Avenue to pass directly in front of the property. The Texas Avenue extension provides easy access and increased high traffic counts. With tenants such as Paramount Property Analysts and Merrill Lynch already in place, Southwood Business Center is a great location for lenders, insurance companies, engineering and architectural firms, and other businesses.
Property Highlights: • Prime Visibility On Texas Avenue & State Highway 6 • First Generation Space, As Well As Second Generation Space With Superior Interior Finish Out • Available For Immediate Occupancy • Attractive New Construction & Landscaping • Convenient & Easy Access From Texas Avenue • Central Location To Thriving Commercial & Residential Growth
Jody Slaughter
Senior Associate | Commercial Leasing Brokerage Services 713.927.1157 jody.slaughter@OldhamGoodwin.com
www.OldhamGoodwin.com
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Commercial Quarterly 3rd Quarter 2013
Office Properties For Lease Memorial Village | Bryan
Fountain Place | Bryan
1920 West Villa Maria | Bryan
Sub Lease
Conveniently Located Across 29th Street From St Joseph’s Hospital • First & Second Generation Space Available • Great Visibility, Ample Parking & Three Points Of Ingress/Egress
Modern Construction With High-End Finishes • Attractive Interior Features & Design • Excellent Access & Visibility • Controlled Building Access • Abundant Surface Parking • On-Site Property Management • Available Space: ~3,568 SF
Close Proximity To ~150,000 SF Walmart Super Center (Under Construction) • Full Service Bank Lobby With 3 Lane Drive Through & Two ATM Machines • Abundant Surface Parking• Available Space: ~3,275 SF
Bristol Village | Bryan
College Station Medical Plaza| College Station
Creekside Professional Building | Bryan
Sub Lease
Class A Office Finishes • Attractive New Tiltwall Construction With Modern Common Area Finishes • Energy Efficient Mechanical & Electrical Systems • 4th Quarter 2013 Delivery • Available Space: ~28,010 SF (Divisible)
Excellent Access & Visibility From State Highway 6 • Adjacent To St. Joseph Medical Facility & Emergency Room • Competitive Deal Terms • Attractive New Construction • Available Space: ~7,500 SF & ~1.32 AC Pad Site
Less Than 1 Mile From St. Joseph Regional Health Center & Blinn College • Close Proximity To Major Thoroughfares Including Texas Avenue, Briarcrest Drive, East 29th Street & Highway 6 • Available Space: ~1,014 SF
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Vice President | Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.324.1717 robert.young@OldhamGoodwin.com
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Oldham Goodwin negotiated the lease for Priority Energy Services at 11915 Highway 30
Bryan/College Station | Houston
Oldham Goodwin represented the landlord in the lease for Johnson Performance & Wellness at University Park Plaza
Commercial Quarterly
3rd Quarter 2013
Office Properties For Lease Keystone Plaza | Bryan
511 University | College Station
Turnkey Class A Office Space • Close Proximity To Restaurants & National Retailers • Easy Access To Major College Station Thoroughfares • Centrally Located Within the Bryan/College Station MSA • Available Space: ~1,362 SF
Accessibility On The Highly Trafficked Briarcrest Drive Between Texas Avenue & Highway 6 South • Less Than 1 Mile From St. Joseph Regional Health Center & Blinn College • Range Of Available Spaces: ~4,000 - ~15,500 SF
Excellent Access & Visibility On University Drive • Ample Covered & Surface Parking • Competitive Rental Rates • Close Proximitiy To Restaurants & High End Retailers • Range Of Available Spaces: ~628 - ~2,310 SF
Executive Office Plaza | Bryan
Crystal Park Plaza | College Station
1200 Briarcrest | Bryan
BBVA Compass Bank Building | College Station
Sub Lease
New Tenant
~1 Mile From The Briarcrest Exit Off Highway 6 • Within Two Miles Of Both TAMU Main Campus & Blinn College • Centrally Located • Range Of Available Spaces: ~356 - ~2,850 SF
New Tenant
Class A Professional Office Building • Wide Range of Suite Configurations • High Visibility With Exceptional Traffic Counts • Range Of Available Spaces: ~2,654 - ~21,568 SF
~1.5 Miles From St. Joseph Regional Health Center & ~One Mile From Blinn College • Range of Available Spaces: ~ 1,240 - ~6,000 SF
RECENT TRANSACTIONS For More Information Contact:
Jody Slaughter
Oldham Goodwin represented the landlord in the lease for Just For Hair at Park Plaza Center
Oldham Goodwin represented the landlord in the lease for Aggieland Tutoring at Southwest Crossing
Senior Associate| Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 713.927.1157 jody.slaughter@OldhamGoodwin.com
www.OldhamGoodwin.com
25
Commercial Quarterly 3rd Quarter 2013
Office Properties For Lease University Park Plaza | College Station
Texas Avenue Plaza | Bryan
Southwood Business Center | College Station
New Tenant
Immediate Occupancy Available • Excellent Visibility With Frontage On Texas Avenue • Numerous Recent Capital Improvements • Range Of Available Spaces: ~967 - ~3,806 SF
Great Visibility & Exposure To High Traffic Counts On University Drive • Move-In Ready For Doctor’s Office Or Professional Office User • Range Of Available Spaces: ~3,141 - ~5,568 SF
United Plaza | College Station
Copper Chase Office Park | Bryan
Central Location To Thriving Commercial And Residential Growth • Vast Traffic Flow From Texas Avenue • ~400 FT Of Frontage On Hwy 6 • Range Of Available Spaces: ~1,268 - ~12,300 SF
If you are considering leasing space, please contact our group and allow us to provide you with the insight and accessible expertise you need to make an informed decision. Centrally Located Within Bryan/College Station • Small To Mid-Sized Suite Configurations • Within ~1.5 Miles Of Texas A&M University • Range Of Available Spaces: ~264 - ~1,144 SF
~1 Mile From Blinn College • Small, Mid & Large Sized Suite Configurations Available • Less Than 1/4 Mile From St. Joseph Regional Medical Center • Range Of Available Spaces: ~130 - ~5,162 SF
Jody Slaughter
Senior Associate | Commercial Leasing Brokerage Services 713.927.1157 jody.slaughter@OldhamGoodwin.com
RECENT TRANSACTIONS For More Information Contact:
Robert J. Young
Vice President | Commercial Leasing Brokerage Services Phone: 979.268.2000 Fax: 979.846.7020 Cell: 979.324.1717 robert.young@OldhamGoodwin.com
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Oldham Goodwin represented the landlord in the lease for Reliable Insurance at Executive Office Plaza
Bryan/College Station | Houston
Oldham Goodwin represented the Landlord in the lease for Guaranty Bond Bank at Crystal Park Plaza
Commercial Quarterly
3rd Quarter 2013
Property Location Map Lubbock Dallas/Fort Worth Waco
Killeen Austin
B/CS Houston
San Antonio
This map of the Bryan & College Station city limits is for marketing purposes only and may not accurately depict the actual city limits. This map is not to scale and all property locations are approximate.
www.OldhamGoodwin.com
27
Commercial Quarterly 3rd Quarter 2013
Accessible Expertise Clinton D. Oldham
Robert J. Young
Bryan/College Station
Bryan/College Station
Director of Brokerage Services
Vice President | Commercial Leasing
Vice President | Commercial Group
Brokerage Services
Cell: 409.781.7734
Cell: 979.324.1717
clint.oldham@OldhamGoodwin.com
robert.young@OldhamGoodwin.com
Laurie Follis-Stone
Cyndee Smith
Bryan/College Station
Houston
Vice President | Residential Group
Vice President | Brokerage Services
Brokerage Services
Commercial | Country Properties
Cell: 713.816.3407
Cell: 979.777.5777
cyndee.smith@OldhamGoodwin.com
laurie.follis-stone@OldhamGoodwin.com
Jody Slaughter
Kathy King
Bryan/College Station
Houston Vice President | Retail Leasing
Senior Associate| Commercial Leasing
Brokerage Services
Brokerage Services
Cell: 713.927.1157
Cell: 713.208.7681
jody.slaughter@OldhamGoodwin.com
kathy.king@OldhamGoodwin.com
Jeremy Richmond, CCIM Bryan/College Station
For More Information About Oldham Goodwin’s Other Services & Projects Visit:
Vice President | Land Group Brokerage Services
Cell: 979.777.8176
jeremy.richmond@OldhamGoodwin.com
www.OldhamGoodwin.com
Bryan/College Station
wwwOldhamGoodwin.com
2800 South Texas Avenue, Suite 401 Bryan, Texas | 77802 979.268.2000
Houston
25222 Northwest Freeway, Suite 1-185 Cypress, Texas | 77429 281.256.2300