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Garrett Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park Greenville Ave Lindell Ave Maya Angelou High School Monarch Park John F. Kennedy Learning Center EAST DALLAS LAND PORTFOLIO DALLAS, TEXAS Exclusively Offered By: Ty Underwood 214-520-8818 ext. 4 Fax: 214-520-8815 [email protected] SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200 Dallas, TX 75209 214-520-8818 CONFIDENTIAL OFFERING MEMORANDUM RETAIL, OFFICE, MULTIFAMILY & MIXED-USE SITES

John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

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Page 1: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

Garrett Park

Alex W. Spence Talented/Gifted

Academy

Cesar Chavez Learning Center

Dallas Can Academy

Wolford Park

Gre

en

ville A

ve

Lindell Ave

Maya Angelou High School

Monarch Park

John F. Kennedy Learning Center

EAST DALLAS LAND PORTFOLIO DALLAS, TEXAS

Exclusively Offered By:

Ty Underwood

214-520-8818 ext. 4

Fax: 214-520-8815

[email protected]

SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200

Dallas, TX 75209

214-520-8818

CONFIDENTIAL OFFERING MEMORANDUM

RETAIL, OFFICE, MULTIFAMILY & MIXED-USE SITES

Page 2: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

#6

#1 #2

#3 #5

#4

TABLE OF CONTENTS EAST DALLAS LAND PORTFOLIO | 1

DISCLAIMER & DISCLOSURE IV. 9

PROPERTY PROFILES III. 4

SITE LOCATIONS II. 3

EXECUTIVE SUMMARY I. 2

#5 4927 Gaston Ave. 8

#4 1524 - 1536 Holly Ave. 7

#3 4511 San Jacinto St. 6

#2 4521 San Jacinto St. 5

#1 4701 San Jacinto St. & 1612 Grigsby Ave. 4

Page 3: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

EXECUTIVE SUMMARY & HIGHLIGHTS

EXECUTIVE SUMMARY

SLJ Company, LLC (“SLJ”) has been exclusively

retained to offer East Dallas Land Portfolio, a

collection of infill development sites in East

Dallas offered as a portfolio.

East Dallas Land Portfolio consists of five

development sites in the area of Dallas just east

of Uptown, north of Deep Ellum and south of

Knox/Henderson. This unique collection of prime

development sites offers an investor the

opportunity to acquire a critical mass of

properties in an area where it can be difficult to

find willing sellers. The Properties’ prime

locations offer the opportunity to participate in

the area’s transformation along with developers

such as Trammell Crow Residential, JLB Partners,

Alliance Residential, Columbia Pacific Advisors,

Zale Properties, Mill Creek Residential Trust

among others.

Overall East Dallas Land Portfolio offers an

investor the opportunity to secure prime

development sites in one of Dallas’ hottest

markets and participate in the transformation of

this infill neighborhood.

PROPERTY HIGHLIGHTS

EXCELLENT LOCATION These development sites are just minutes from Downtown

Dallas, Baylor University Medical Center, Deep Ellum and

Dallas’ Uptown neighborhood.

REDEVELOPMENT The area is quickly redeveloping with over 3,400 new

multifamily units in developments such as The Icon on Ross

and Alexan Arts, among others.

AREA AMENITIES Area amenities include the Dallas Museum of Art, Nasher

Sculpture Center, Klyde Warren Park, AT&T Preforming Arts

Center, Margot & Bill Winspear Opera House, Morton H.

Meyerson Symphony Center, among others

IMPROVING DEMOGRAPHICS As older properties are either demolished to make way for

new developments or significantly upgraded, there has been

a rapid shift in the residents of East Dallas to higher income

young professionals.

MANY AREA TRAFFIC DRIVERS Retailers in close proximity to the Property include Kroger,

Sam’s Club, CVS Pharmacy, Target, OfficeMax, Ross and

Starbucks, among many others.

EAST DALLAS LAND PORTFOLIO | 2

Page 4: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

DALLAS CBD

Deep Ellum

Old East Dallas

Ce

da

r S

pri

ng

s R

d

Oak Lawn

Gre

en

ville A

ve

Lower Greenville

Knox / Henderson

Cityplace

Uptown

Bryan Place

Victory Park

Arts District

La Vista Dr

Sk

illma

n S

t

#5 4927 Gaston Ave.

#4 1524 - 1536 Holly Ave.

#3 4511 San Jacinto St.

#2 4521 San Jacinto St.

#1 4701 San Jacinto St. & 1612 Grigsby Ave.

#5

#4 #3

#2 #1

SITE LOCATIONS EAST DALLAS LAND PORTFOLIO | 3

Page 5: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

SITE

4701 SAN JACINTO ST & GRIGSBY #1

ADDRESS 4701 San Jacinto St. & 1612 Grigsby Ave., Dallas, TX 75204

LOCATION The subject property is located at the northeast corner of San Jacinto St. and Grigsby

Ave., between Annex Ave. and N Prairie Ave., in Dallas, Texas.

LAND AREA 0.323 Acres (14,077.93 Square Feet) *No minerals are included in the proposed

transaction

LOT DIMENSIONS Frontage on San Jacinto St. Approximately 55 feet

Frontage on Grigsby Ave. Approximately 200 feet

Depth Approximately 110 feet

ZONING Multifamily District (MF-2 (A))

Primary Uses Multifamily, duplex and single family

RADIUS 1 MILE 3 MILE 5 MILE

2015 Population 32,855 185,535 376,553

2015 Avg. HH Income $67,281 $93,831 $88,219

2015 Daytime Population 30,945 373,746 653,475

DEMOGRAPHICS

EAST DALLAS LAND PORTFOLIO | 4

Page 6: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

SITE

ADDRESS 4521 San Jacinto St., Dallas, TX 75204

LOCATION The subject property is located on San Jacinto St., between N Carroll Ave. and Annex

Ave., in Dallas, Texas.

LAND AREA 0.189 Acres (8,255 Square Feet) *No minerals are included in the proposed

transaction

LOT DIMENSIONS Frontage on San Jacinto St. Approximately 65 feet

Depth Approximately 140 feet

ZONING PD 298 (Subarea 4)

Primary Uses Mixed use, multifamily, retail, restaurant,

office and hotel uses

TRAFFIC COUNTS Ross Ave. 23,457 VPD (2012)

N Carroll Ave. 6,132 VPD (2012)

RADIUS 1 MILE 3 MILE 5 MILE

2015 Population 31,769 184,805 365,134

2015 Avg. HH Income $65,073 $93,068 $88,756

2015 Daytime Population 30,314 369,927 621,798

DEMOGRAPHICS

4521 SAN JACINTO ST #2 EAST DALLAS LAND PORTFOLIO | 5

Page 7: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

SITE

4511 SAN JACINTO ST #3

ADDRESS 4511 San Jacinto St., Dallas, TX 75204

LOCATION The subject property is located on San Jacinto St., between N Carroll Ave. and Annex

Ave., in Dallas, Texas.

LAND AREA 0.165 Acres (7,225 Square Feet) *No minerals are included in the proposed

transaction

LOT DIMENSIONS Frontage on San Jacinto St. Approximately 50 feet

Depth Approximately 144 feet

ZONING PD 298 (Subarea 4)

Primary Uses Mixed use, multifamily, retail, restaurant,

office and hotel uses

TRAFFIC COUNTS Ross Ave. 23,457 VPD (2012)

N Carroll Ave. 6,132 VPD (2012)

RADIUS 1 MILE 3 MILE 5 MILE

2015 Population 31,769 186,379 366,573

2015 Avg. HH Income $65,073 $93,605 $88,967

2015 Daytime Population 30,314 370,726 635,292

DEMOGRAPHICS

EAST DALLAS LAND PORTFOLIO | 6

Page 8: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

SITE

1524 - 1536 HOLLY AVE #4

ADDRESS 1524-1536 Holly Ave., Dallas, TX 75204

LOCATION The subject property is located at the corner of Holly Ave. and San Jacinto St.,

between Ross Ave. and Live Oak St., in Dallas, Texas.

LAND AREA 0.323 Acres (14,079.45 Square Feet) *No minerals are included in the proposed

transaction

LOT DIMENSIONS Frontage on Holly Ave. Approximately 170 feet

Frontage on San Jacinto St. Approximately 84 feet

ZONING Multifamily District (MF-2 (A))

Primary Uses Multifamily, duplex and single family

RADIUS 1 MILE 3 MILE 5 MILE

2015 Population 31,769 185,414 366,867

2015 Avg. HH Income $65,073 $93,657 $88,581

2015 Daytime Population 30,314 370,437 624,272

DEMOGRAPHICS

EAST DALLAS LAND PORTFOLIO | 7

Page 9: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

SITE

ADDRESS 4927 Gaston Ave., Dallas, TX 75214

LOCATION The subject property is located on Gaston Ave., between N Fitzhugh Ave. and N

Munger Blvd., in Dallas, Texas.

LAND AREA 0.498 Acres (21,706 Square Feet) *No minerals are included in the proposed sale of

the Property

LOT DIMENSIONS Frontage on Gaston Ave. Approximately 90 feet

Depth Approximately 241 feet

ZONING PD 99 (Area I)

Primary Uses Multifamily, Duplex and Single Family uses

TRAFFIC COUNTS Gaston Ave. 18,600 VPD (2012)

N Fitzhugh Ave. 7,309 VPD (2012)

N Munger Blvd. 17,110 VPD (2012)

RADIUS 1 MILE 3 MILE 5 MILE

2015 Population 31,262 164,364 376,459

2015 Avg. HH Income $62,954 $90,827 $87,116

2015 Daytime Population 25,741 303,998 580,221

DEMOGRAPHICS

4927 GASTON AVE #5 EAST DALLAS LAND PORTFOLIO | 8

Page 10: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park

The material contained in this Memorandum is

confidential, furnished solely for the purpose of

considering an investment in the properties

described herein, and is not to be used for any

other purpose, or made available to any other

person without the express written consent of the

SLJ Company, LLC. The material is based, in part,

upon information obtained from third party

sources, which SLJ Company, LLC deems to be

reliable. However, no warranty or representation

is made by SLJ Company, LLC or its affiliates,

agents, or representations as to the accuracy or

completeness of the information contained herein.

Prospective investors should make their own

investigations, projections, and conclusions

regarding this investment.

DISCLAIMER & DISCLOSURE EAST DALLAS LAND PORTFOLIO | 9

Page 11: John F. Kennedy Learning Center CONFIDENTIAL OFFERING … · 2017. 4. 11. · Park Alex W. Spence Talented/Gifted Academy Cesar Chavez Learning Center Dallas Can Academy Wolford Park