6.03 AC ON DESSAU ROAD 16029 Dessau Road …...6.03 A ON DESSAU ROAD 16029 Dessau Road 5+ZLJW[NQQJ...

6.03 AC ON DESSAU ROAD 16029 Dessau Road

Pflugerville, Texas 78660

COMMERCIAL LAND | FOR SALE

SUMMARY • PROPERTY DESCRIPTION • MARKET OVERVIEW • DISCLAIMER



OFFERING SUMMARY

Sales Price Call For Price

Property Highlights• Excellent retail site with 460’ of

frontage along heavily traveled Dessau Rd

• Easily accessible from IH-35 and SH-130

• Generally flat, “shovel ready” tract with all utilities to site

• Located in highly sought after area of Travis County with tremendous population growth

• Divisible




PROPERTY INFORMATION

Size 6.034 AC

Legal Description ABS 791 SUR 67 WALTERS A ACR 6.0344

ID Number 767615

Access Via Dessau Road

Frontage 460’ on Dessau Road

Zoning GB-1, General business

Utilities

Electricity: In placeWater: To siteSewer: To site

Telephone/Internet: In place

Flood Plain None

Traffic Counts Dessau Road: ~28,012 VPD




Survey




1 Mile 3 Mile 5 Mile

2017 Total Population 9,764 70,036 183,847

2022 Total Population 10,340 78,272 207,552

2017-2022 Annual Growth Rate 1.15% 2.25% 2.46%

2017 Households 3,426 22,809 67,078

2022 Households 3,630 25,461 75,498

2017 Average Home Value $184,028 $179,401 $190,378

2022 Average Home Value $195,535 $199,417 $212,453

2017 Average HH Income $104,169 $89,634 $86,867

2022 Average HH Income $116,246 $101,133 $98,460

D E S S A U R O A DO V E R 2 8 , 0 0 0 V E H I C L E S P E R D A Y

(TxDOT AADT 2016)

T O T A L P O P U L A T I O N O FO V E R 1 8 3 , 0 0 0

W I T H I N F I V E M I L E R A D I U S(ESRI 2017)

T O T A L H O U S E H O L D SO V E R 6 7 , 0 0 0


A V E R A G E H H I N C O M EO V E R $ 1 0 4 , 0 0 0

W I T H I N O N E M I L E R A D I U S(ESRI 2017)

T O T A L E M P L O Y E E SO V E R 7 9 , 0 0 0


A V E R A G E H O M E V A L U EO V E R $ 1 9 0 , 0 0 0


Sources: Infogroup, Inc & ESRI




Sources: https://www.austinchamber.com/economic-development/communities/austin, https://www.austinchamber.com/economic-development/austin-profile/transportation

Austin is the capital of Texas and the seat of Travis County. Located within the Texas Triangle, that is Dallas-Fort Worth, Houston, and San Antonio, Austin is one of the fastest growing economies and job markets in the United States. As of 2015, Austin has a population of 931,830, while the Austin-Round Rock Metropolitan Statistical Area (MSA) has a population of 2,000,860. The city of Austin’s growth is fueled by a strong competitive advantages: a highly skilled and talented workforce, modern infrastructure, and international connectivity.

Austin is served by a dense network of highways and an interstate system, including Interstate 10 (running east-west on the southern edge), Interstate 35 (running north-south through the center of the metro), and is also served by four federal highways, U.S. 79, U.S. 90, U.S. 183, and U.S. 290. The area is located 81 miles from San Antonio, 162 miles from Houston and 196 miles from Dallas.

DALLAS / FORT WORTH

BRYAN / COLLEGE STATION

A U S T I N , T E X A SNATIONAL RANKING AND RECOGNITIONS

#3 U.S. TOP SPOTS FOR TECH JOB GROW TH

(New York Times 2016)

# 6 B E S T C I T I E S F O R NEW COLLEGE

GRADUATES(Smart Asset 2016)

#9 MOST EDUCATED CITIES

IN THE U .S .(Wal le t Hub 2016)

24.11 MILLION ANNUAL VIS ITORS

(Austin CVB 2016)

#2 ME TRO AREA IN U.S. TO START A BUSINESS

(CNBC 2015)

# 1 A M E R I C A ’ S N E X T “ B O O M

T O W N S ” TOP CIT Y TO

PROSPER IN NEXT DECADE

(Forbes 2016)

# 1 2 M O S T B U S I N E S S F R I E N D L I E S T C I T I E S

I N T H E U . S . (Market Watch 2015)

# 2 FA S T E S T G R O W I N G

ECONOMY OF TOP U.S . ME TRO AREAS

(Forbes 2016)

# 2 M I D - S I Z E M E T R O A R E AF O R T O P C O L L E G E C I T I E S &

T O W N S I N T H E U . S .(American Institute for Economic Research - AIER 2015)

# 1 B E S T M E T R O A R E A T O L I V EI N T H E U . S .

(U.S. News & World Report, 2017)

# 3 B E S T C I T Y T O S T A R T A C A R E E R

IN THE U.S.(Wallet Hub 2016)

HOUSTON

AUSTIN

SAN ANTONIO




UNIVERSITY OF TEXAS AT AUSTINThe University of Texas at Austin (UT Austin) first opened its doors in 1883. Today, it stands as a research-intensive flagship university with more than 119 undergraduate degree programs and 223 graduate degree programs options for study.

The University ranks as one of the top 20 public universities in the United States (U.S. News & World Report, 2016), ha more than 15 undergraduate programs and more than 40 graduate programs ranked in the top 10 nationally. UT Austin is home to more than 51,000 students, 3,000 teaching faculty, and has a produ alumni base of more than 482,000.

The University of Texas at Austin campus serves as the flagship school of the University of Texas System. The University of Texas System includes nine academic universities and six health institutions statewide.

Photo Source: University of Texas Austin(https://www.utexas.edu/about/overview)

Sources: http://www.utexas.edu/about/overview, http://www.utexas.edu/about/facts-and-figures, https://www.austinchamber.com/economic-development/austin-profile/employers

MAJOR EMPLOYERS IN THE AUSTIN AREA (FALL 2016)

COMPANY INDUSTRY SECTOR EMPLOYEES

State of Texas Government 63,511

University of Texas Austin Higher Education 14,079

Dell Technologies Technology 13,000

Seton Healthcare Family Healthcare 10,270

St. David’s Healthcare Partnership Healthcare 8,598

Samsung Austin Semiconductor Technology 6,074

Apple Technology 6,000

IBM Corporation Technology 6,000

NXP Semiconductors Technology 5,000

Austin Community College Higher Education 3,989

AT&T Telecommunications 2,800

National Instruments Technology 2,575

Whole Foods Market Grocery Retailer 2,530

Keller Williams Realty Real Estate 2,481

Accenture Technology 2,200

Flex Technology 2,220




THE TEXAS CAPITOLThe 1888 Capitol and approximately 22 acres of surrounding Grounds are the physical and symbolic center of government for the State of Texas. Bounded by city streets, the Grounds today provide an appropriate setting for citizens and visitors to approach and appreciate the majestic Texas Capitol. The Historic Grounds lie on the east, south and west sides of the building and are defined by an historical iron fence. In 1993, the completion of the Capitol Extension created an entirely new setting for the north side of the Capitol. The 1995-96 restoration of the historic Grounds returned the park-like setting to its 1888-1915 appearance and updated vital systems such as fire protection, water-conserving irrigation, lighting and accessible walkways.

CITY OF AUSTIN FESTIVALSSouth By Southwest (also known as SXSW) - South By Southwest dedicates itself to helping creative people achieve their goals. Founded in 1987 in Austin, Texas, SXSW is best known for its conference and festivals that celebrate the convergence of the interactive, film, and music industries. The event, an essential destination for global professionals, features sessions, showcases, screenings, exhibitions, and a variety of networking opportunities.

Austin City Limits (also known as ACL) - Austin City Limits is the longest running music series in American television history, one of the most exciting and successful music festivals in the United States, and an award-winning concert venue. Since 2002, the ACL Music Festival hosts over 130 artists and 225,000 patrons every year at Zilker Park in Austin, Texas. ACL Live at the Moody Theater opened in 2011. The winner of the Pollstar Award for “Best New Major Concert Venue” in 2012, ACL Live hosts nearly one hundred shows each year and serves as the studio home for ACL TV’s episode tapings.

HEALTHCARE SERVICESSeton Healthcare Family operates more than 100 clinical locations, including four teaching hospitals that will be training sites for Dell Medical School at The University of Texas starting in 2016. The training sites within the Seton Healthcare Family include, Dell Children’s Medical Center of Central Texas (a world-class pediatric medical center with its own Level I trauma center), University Medical Center Brackenridge, (Central Texas’ only Level I trauma center for adults), Seton Medical Center Austin (#1 Ranked Austin Hospital in U.S. News & World Report and the region’s largest medical facility), and Seton Shoal Creek Hospital (the area’s only nonprofit mental health facility).

St. David’s HealthCare has more than 110 sites across Central Texas, includes seven of the area’s leading hospitals, and is one of the largest health systems in Texas. St. David’s HealthCare is a unique partnership between a hospital management company and two local non-profits — St. David’s Foundation and Georgetown Health Foundation. The proceeds from the operations of the hospitals fund the foundations, which, in turn, invest those dollars back into the community.

Sources: http://www.tspb.texas.gov/prop/tcg/tcg/grounds.html (The State of Texas Capitol), https://www.sxsw.com/about/ (South By Southwest), http://austincitylimits.com/ (Austin City Limits), https://www.seton.net/about-seton/ (Seton Healthcare Family), http://stdavids.com/connect-with-us/about/ (St. David’s HealthCare)

Photo Credit: Flickr / Anthony Quintano

Photo Credit: Flickr / Earl McGehee

The Texas Capitol

Congress Street in Austin, Texas

REGIONAL TRAFFIC GENERATORS




Disclaimer

This Offering Memorandum was prepared by Oldham Goodwin Group, LLC (Broker) solely for the use of prospective purchasers of 16029 Dessau Road, Pflugerville, Texas 78660 (Property). Neither the Broker nor the owner of the property (Owner) makes any representations or warranty, expressed or implied, as to the completeness or the accuracy of the material contained in the Offering Memorandum.

The Offering Memorandum is solely a solicitation of interest - not an offer to sell the Property. The Owner and Broker expressly reserve the right to reject any or all expressions of interest or offers to purchase the Property and expressly reserve the right to terminate discussions with any entity at any time with or without notice. The Owner shall have no legal commitment or obligations to any entity that is reviewing the Offering Memorandum or making an offer to purchase the Property unless and until such an offer for the Property is approved by the Owner and the signature of the Owner is affixed to a Real Estate Purchase Agreement prepared by the Owner.

This Offering Memorandum is confidential. By accepting the Offering Memorandum, you agree that you will hold the Offering Memorandum and its contents in the strictest confidence, that you will not copy or duplicate any part of the Offering Memorandum, that you will not disclose the Offering Memorandum or any of its contents to any other entity without the prior written authorization of the Owner, and that you will not use the Offering Memorandum in any way detrimental to the Owner or Broker.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, 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 projections, opinions, 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 to you 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. This investment involves various risks and uncertainties.

You should purchase interest only if you can afford a complete loss of your investment you should carefully consider the risk factors involved in this investment. You may not receive any income from this investment nor a complete return of all your investment. Historical or current real estate performance is no guarantee of future real estate investment product results.

INFORMATION ABOUT BROKERAGE SERVICES

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Licensed Broker/Broker Firm Name or Primary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

Regulated by the Texas Real Estate CommissionTAR 2501

Information available at www.trec.texas.govIABS 1-0

Email

Email

Email

Email

Licensed No.

Licensed No.

Licensed No.

Licensed No.

Buyer / Tenant / Seller / Landlord Initials

Phone

Phone

Phone

Phone

Date

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts performed by sales

agents sponsored by the broker.

• A SALES AGENT must be sponsored by a broker 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 information about the property or transaction received

by the broker;• Answer the client’s questions and present any offer to or counter-offer from the client,

and;• Treat all parties to a real estate transaction honestly and fairly.

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

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information 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 written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must fi rst obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly.• May, with the parties’ written 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 instructions of each party to the transaction.

• Must not, unless specifi cally authorized in writing to do so by the party, disclose: » that the owner will accept a price less than the written asking price; » that the buyer/tenant will pay a price greater than the price submitted in a written

offer; and » any confi dential information or any other information that a party specifi cally

instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the Buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner fi rst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

• The broker’s duties and responsibilities to you, and your obligations under the representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Oldham Goodwin Group, LLC 532457 [email protected] (979) 268-2000

www.OldhamGoodwin.com

© 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 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.



Bryan / College Station2800 South Texas Avenue, Suite 401

Bryan, Texas 77802O: 979.268.2000

Houston5050 Westheimer Road, Suite 300

Houston, Texas 77056O: 281.256.2300

San Antonio / South Texas200 East Grayson Street, Suite 102

San Antonio, Texas 78215O: 210.404.4600

OLDHAM GOODWIN GROUP

For More Information About This Property, Please Contact

Brian AllisonVice President | Industrial and Land Services

O: 210.404.4600 | C: 210.383.3697E: [email protected]

6.03 AC ON DESSAU ROAD 16029 Dessau Road …...6.03 A ON DESSAU ROAD 16029 Dessau Road 5+ZLJW[NQQJ...

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