EDWARD BECK STUART PAGE JEFF AZUSE...EDWARD BECK 847.313.4753 [email protected] STUART PAGE...

EDWARD BECK

847.313.4753

[email protected]

STUART PAGE

512.963.7243

[email protected]

JEFF AZUSE

847.418.2703

[email protected]

INDUSTRIAL SPACE FOR SALE

69,550± SF INDUSTRIALMANUFACTURING COMPLEX

25918 HARDIN STORE ROAD, MAGNOLIA, TX

5 REVERE DRIVENORTHBROOK, IL 60062

855.755.2300

WWW.HILCOREALESTATE.COM

PRESENTED BY:

PROPERTY INFORMATION 5

LOCATION INFORMATION 16

TERMS OF SALE 20

Vice PresidentO: 847.313.4753E: [email protected]

EDWARD BECK

DirectorO: 512.963.7243E: [email protected]

STUART PAGE

Senior Vice PresidentO: 847.418.2703E: [email protected]

JEFF AZUSE

2Hilco Real Estate • 5 Revere Drive • Northbrook, IL 60062 • 855.755.2300 • www.hilcorealestate.com

TABLE OF CONTENTS

All materials and information received or derived from Hilco Real Estate its directors, officers,agents, advisors, affiliates and/or any third party sources are provided without representation orwarranty as to completeness , veracity, or accuracy, condition of the property, compliance or lackof compliance with applicable governmental requirements, developability or suitability, financialperformance of the property, projected financial performance of the property for any party’sintended use or any and all other matters.

Neither Hilco Real Estate its directors, officers, agents, advisors, or affiliates makes anyrepresentation or warranty, express or implied, as to accuracy or completeness of the anymaterials or information provided, derived, or received. Materials and information from any source,whether written or verbal, that may be furnished for review are not a substitute for a party’s activeconduct of its own due diligence to determine these and other matters of significance to suchparty. Hilco Real Estate will not investigate or verify any such matters or conduct due diligence fora party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUEDILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify allinformation and to conduct their own inspections and investigations including through appropriatethird party independent professionals selected by such party. All financial data should be verifiedby the party including by obtaining and reading applicable documents and reports and consultingappropriate independent professionals. Hilco Real Estate makes no warranties and/orrepresentations regarding the veracity, completeness, or relevance of any financial data orassumptions. Hilco Real Estate does not serve as a financial advisor to any party regarding anyproposed transaction. All data and assumptions regarding financial performance, including thatused for financial modeling purposes, may differ from actual data or performance. Any estimatesof market rents and/or projected rents that may be provided to a party do not necessarily meanthat rents can be established at or increased to that level. Parties must evaluate any applicablecontractual and governmental limitations as well as market conditions,vacancy factors and otherissues in order to determine rents from or for the property.

Legal questions should be discussed by the party with an attorney. Tax questions should bediscussed by the party with a certified public accountant or tax attorney. Title questions should bediscussed by the party with a title officer or attorney. Questions regarding the condition of theproperty and whether the property complies with applicable governmental requirements should bediscussed by the party with appropriate engineers, architects, contractors, other consultants andgovernmental agencies. All properties and services are marketed by Hilco Real Estate incompliance with all applicable fair housing and equal opportunity laws.

CONTENTS CONFIDENTIALITY & DISCLAIMER


OFFERING SUMMARY

Seller Guidance: $83/SF ($5,770,000)

Total Size: 69,550 SF

15.16 AC

Constructed: 1980 - 2016

Building 1: 6,800 SF Office Building

Building 2: 34,000 SF Manufacturing

Two 20-ton Cranes

One 10-ton Crane

Building 3: 28,750 SF Manufacturing

Two 60-ton Cranes

60' - 69.5' Clear Heights

45-ton HVAC

Electricity: Buried;

480V 3 Phase 1,500 KVA

PROPERTY OVERVIEW

Final Offer Deadline: Friday, February 15

Seller has full intention of selling this property as part of this process.

This 69,550± SF industrial manufacturing facility in Magnolia, TX, is approximately

30 miles northwest of downtown Houston. The property consists of three

buildings, constructed in phases with the most recent building (Building 3) being

completed in 2016. Building 3 is 28,750± SF and boasts 60' - 69.5' clear heights,

with two 60-ton bridge cranes (47' under hook) that have a clear span of 105'. In

addition to Building 3, the property has a 34,000 SF manufacturing building (with

two 20-ton cranes and one 10-ton crane with 25' under hook) and a 6,800 SF

office building. The site has significant infrastructure in place, making the site

suitable for almost any use, with amenities including a buried 480 Volt, 3 Phase,

1,500 KVA electrical line to Building 3. The entire site is made up of 15.16 acres

and is proximate to the large commuter corridor State Highway 249 which takes

vehicles directly to I-45 and downtown Houston.

FINAL OFFER DEADLINE: FEB. 1569,550± SF INDUSTRIAL MANUFACTURING COMPLEX



PROPERTY HIGHLIGHTS

• Building 3 (Constructed 2016) - 28,750 SF: Two 60-ton bridge

cranes with 47' hook height (50-ton hoist and 10-ton hoist on

each bridge). 105' free span. Climate controlled with 45+/- tons

of HVAC

• Buried and concrete encased electric to Building 3, providing

480 volt 1500 KVA

• Planned Space between Building 3 & 2 for identical symmetrical

building to Building 3

• Building 2 (Constructed 1980 to 2005) - 34,000 SF: two 20-ton

and one 10-ton crane with 25' hook

• Second tin roof installed over the entire roof in 2008, providing

decades of future roof life to Building 2

• Building 1 (Constructed 2009) - 6,800 SF: two-story office

including 10 private offices, 2 conference rooms, break room

and large upstairs area for training/storage

• Building 1 was expanded in 2014/2015 to add additional office

and meeting space for employees

• 15 acre site, fenced with controlled access gate and stabilized

storage yard

• Site improvements made to facilitate construction of Building 3,

which added multiple acres of usable land to the property

• Neither the property nor the buildings flooded during Hurricane

Harvey, due to site improvements and topography

PROPERTY INFORMATION69,550± SF INDUSTRIAL MANUFACTURING COMPLEX


PROPERTY INFORMATION

I


PROPERTY HIGHTLIGHTS• Construction completed in 2016

• One 24' x 40' bay drive-in door

• Three 18' overhead drive-in doors

• Two 60-ton bridge cranes with 47' hook height (50-ton hoist and 10-ton hoist on each bridge)

• 105' free span

• Climate controlled with 45± tons of HVAC

• Buried and concrete encased electric to Building 3, providing 480 volt, 3 phase, 1500 KVA

• Planned Space between Building 3 & 2 for identical symmetrical building to Building 3

• Break room and bathrooms attached

BUILDING 369,550± SF INDUSTRIAL MANUFACTURING COMPLEX



BUILDING 3 - ADDITIONAL PHOTOS69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



BUILDING 3 - FLOOR PLAN69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



PROPERTY HIGHLIGHTS

• Construction completed in phases from 1980 to 2005

• 34,000 SF

• Two 20-ton cranes with 25' hooks

• One 10-ton crane with 25' hook

• Break Room and bathrooms attached

• Second tin roof installed over the entire roof in 2008, providing decades of future roof life




BUILDING 2 - FOOTPRINT69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



PROPERTY HIGHLIGHTS

• Originally constructed in 2009; Expanded in 2014/2015 to add additional office and meeting space for employees

• 6,800 SF two-story office building

• 10 private offices

• Two conference rooms, a break room, and men's and women's restrooms

• Large upstairs area for training/storage

• High end finishes throughout

• Entire facility is gated as shown in picture above





25918 HARDIN STORE ROAD, MAGNOLIA, TX 77354


BUILDING 1 - FOOTPRINT69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



SITE PLAN69,550± SF INDUSTRIAL MANUFACTURING COMPLEX


LOCATION INFORMATION

II


AREA INFORMATION

Population (Est.2018) (3 Miles Of Site): 16,809

Est. Population Growth (18'-23') (3 Miles Of Site): +12.78%

Average Household Income (Est. 2018): $100,335

EDUCATION & LABOR FORCE

• Bachelor's Degree or higher - 21.7%• High School Diploma or higher - 95.2%• Job Growth Rate - 2.4%• Key Regional Industries Include: Construction, Engineering

Services, Business Consulting, Medical, & Production /Transportation / Material Moving

MAGNOLIA, TXThe City of Magnolia, is a community located approximately 30 minutes northwest of Houston, TX. Located along the State Highway 249Toll Road route (locally dubbed "the Aggie Expressway"), Magnolia is primed for new growth as there are numerous new infrastructure,residential and commercial developments underway. The city is seen as ideally located as it is equal distant between College Station(home of Texas A&M) and downtown Houston. Due to this improvement in infrastructure and its prime location, companies are puttingnew operations in this area including ExxonMobil.

LOCATION INFORMATION69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



AERIAL MAP69,550± SF INDUSTRIAL MANUFACTURING COMPLEX



REGIONAL MAP69,550± SF INDUSTRIAL MANUFACTURING COMPLEX


TERMS OF SALE

III


TERMS OF SALE

More detailed Terms of Sale are available on our website at:

www.hilcorealestate.com

FINAL OFFER DEADLINE: Friday, February 15, 2019 at 5:00 PM (CT)

QUALIFYING OFFERS:Offers must be delivered to the offices of Hilco Real Estate on or before 5:00p.m. (CT) on the day of the deadline to be considered. Offers should besubmitted on a basic Letter of Intent Form. Interested buyers may submit theiroffers via mail to the following address: Hilco Real Estate, 5 Revere Drive, Suite320, Northbrook, IL 60062 Attn: Ed Beck, or via email to [email protected].

DUE DILIGENCE INFORMATION:A Virtual Data Room has been set up and contains important due diligenceinformation on the property. To gain access, buyers must register for an accountand sign the online Confidentiality Agreement at www.hilcorealestate.com.

BUYER'S PREMIUM: A 5% Buyer's Premium will be added to the HighPurchase Price.

BROKER PARTICIPATION INVITED:A real estate broker licensed in the property’s state whose client agrees tobroker’s representation, whose client attends the on-site inspection with thebroker the first time its client attends an on-site inspection and who complieswith these Terms of Sale shall be entitled to a referral fee of 2% of the High BidPrice upon the successful closing by its client. Broker fees are subject to changeper property. Broker registration of its client will occur at said client’s first on-siteinspection or upon Hilco Real Estate’s receipt of a Brokers Buyer Representationletter signed by client and a copy of the registration will be given back to thebuyer’s broker signed by Hilco Real Estate acknowledging representation. Nobroker registration of a client-prospect will be granted if the client was previouslycontacted by Hilco Real Estate or if prospect previously contacted Hilco RealEstate during the conduct of the marketing campaign. No broker registration willbe granted to a broker that is participating in the sale either directly or as anequity partner.

The above information is subject to inspection and verification by all parties whoare relying on it to formulate a bid. No liability for its inaccuracy, errors,omissions, is assumed by the Seller or its agents.

In cooperation with Paul Lynn, TX Broker #9000489.

FINAL OFFER DEADLINE: FEB. 1569,550± SF INDUSTRIAL MANUFACTURING COMPLEX


EDWARD BECK STUART PAGE JEFF AZUSE...EDWARD BECK 847.313.4753 [email protected] STUART PAGE...

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