UX RD Landmark Apartments - DMRE › wp-content › uploads › 2018 › 07 › DMRE-11715Boudr… · OFFERING MEMORANDUM. Contacts Dosch Marshall Real Estate 713.955.3120 777 Post

BOUDREAUX RDBOUDREAUX RDBOUDREAUX RD

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Landmark Apartments

PINECREST FOREST650 Homes

ASHFORD PLACE/GROVE704 Homes

99 & CHAMPION FOREST · 1 MILE

GLEANNLOCH FARMS3,541 Homes

Prices up to $1.2M

Kohrville Elementary School

NORTHPOINTE RETAIL · 1 MILE

Bahama Buck’sAdriatic Cafe

WILLOW FALLS421 Homes

GRAND PARKWAY TOWN CENTERProposed retail development by NewQuest

GRAND PARKWAY TOWN CENTER PHASE IIProposed retail development by NewQuest

GLEANNLOCH CROSSINGProposed retail development by Capital Retail

48,810

127,610(’16)

50,657(’16)

34,312(’16)

TOMBALL - 3 MILES SPRINGWOODS VILLAGE - 9.5 MILES

VINTAGE PARK - 4 MILES

±9.6079ACRES

±9.6079 acres at 11715 Boudreaux Road Tomball, TX 77375

O F F E R I N G M E M O R A N D U M

Contacts

Dosch Marshall Real Estate713.955.3120

777 Post Oak Blvd, Suite 255 Houston, TX 77056

www.dmreland.com

About DMREDosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connecting our expansive network, market knowledge, and expertise in land brokerage with innovative processes.

Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with excel-lence. In real estate as in other industries experience is key: collectively, DMRE has 40 years of experience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest transactions in Houston for the year.

Tim [email protected]

David [email protected]

Tom [email protected]

Clark DaltonVice [email protected]

Becky HandSenior [email protected]

Dillon MillsSenior [email protected]

Tripp RichTransaction [email protected]

Kenneth [email protected]

Jane MatsellMarketing Manager

2±9.6079 ACRES AT 11715 BOUDREAUX ROAD IN TOMBALL

Property Information

2017 Tax Rates

17 KLEIN ISD 1.430000

40 HARRIS COUNTY 0.418010

41 HARRIS CO FLOOD CNTRL 0.028310

42 PORT OF HOUSTON AUTHY 0.012560

43 HARRIS CO HOSP DIST 0.171100

44 HARRIS CO EDUC DEPT 0.005195

45 LONE STAR COLLEGE SYS 0.107800

635 HC EMERG SRV DIST 16 0.049470

666 HC EMERG SERV DIST 11 0.039040

Total 2.261485

Details

LOCATION 11715 Boudreaux Road, Tomball, TX 77375

LAT., LONG. 30.052910, -95.593873

TOTAL SIZE ±9.6079 acres

SCHOOLS Klein ISD • Elementary School - Korhville• Middle School - Ulrich• High School - Klein Cain

2017 Demographics

0-1 mi 0-3 mile 0-5 miles

EST. POPULATION 2017

14,501 68,703 180,376

5-YR EST. POPULATION GROWTH

5.17% 5.00% 5.09%

AVERAGE HOUSEHOLD INCOME

$95,425 $106,272 $118,297

MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS

$163,028 $208,890 $205,799

Property HighlightsLocated 1.25 miles east of the intersection of the Grand Parkway/99 and Highway 249

• Excellent visibility from the Grand Parkway/99• 375.76 feet fronting the north side of the Grand Parkway

The area is seeing an increase in commercial and single family development

• 1.3 miles from the proposed Grand Parkway Town Center by NewQuest at the SWC Grand Pkwy/99 & 249, featuring Dicks Sporting Goods, LA Fitness, Whataburger, Chick-Fil-A, Canes, Starbucks, and more

• 1.25 miles from future office development at the inter-section of the Grand Parkway/99 and Highway 249 (total leasable area: 478,050 SF)

• In May 2018, the Houston Chronicle reported a dozen new communities under development in northwest Houston

Tomball, Springwoods Village, Vintage Park, and the Wood-lands are all within easy distance

• Tomball: 9-minute drive / 3 miles• Top employers include Hewlett-Packard (10,000

employees) and Tomball Regional Medical Center (1300 employees)

• Vintage Park: 9-minute drive / 4 miles• Noble Energy Inc Global Headquarters, Chasewood

Technology Park, University Park (Lone Star College - University Park, University of Houston Downtown – Northwest, and Sam Houston State University), and CHI St. Luke's Health The Vintage Hospital

• Springwoods Village: 15-minute drive / 9.5 miles• ExxonMobil Corporate Campus (10,000 employees),

Southwestern Energy Headquarters (1,500 employees), American Bureau of Shipping Headquarters (ABS) (1,200 employees), HP Corporate Campus (2,400 employees)

• The Woodlands: 20-minute drive / 10 miles• Top employers include Anadarko (3,867 employees),

Memorial Hermann The Woodlands (2,001 employees), Aon Hewitt (1,800 employees), CHI St Luke's Health - The Woodlands (1,510 employees), and CB&I (1,008 employees)

Drive times are approximate; distances are geodesic.


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Hosanna Community Church

48,810

34,312(’16)

THREE LAKES EAST555 Homes

NORTHERN POINT529 Homes

±9.6079ACRES

±9.6079ACRES

±9.6079ACRES

375.77 ft

1114.27 ft

1113.8 ft

375.77 ft



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Prices up to $1.2M

Kohrville Elementary School




GRAND PARKWAY TOWN CENTERProposed retail development by NewQuest

GRAND PARKWAY TOWN CENTER PHASE IIProposed retail development by NewQuest

GLEANNLOCH CROSSINGProposed retail development by Capital Retail

48,810

127,610(’16)

50,657(’16)

34,312(’16)

TOMBALL - 3 MILES SPRINGWOODS VILLAGE - 9.5 MILES

VINTAGE PARK - 4 MILES

±9.6079ACRES

Top employers include Hewlett-Packard (10,000 employ-ees) and Tomball Regional Medical Center (1300 emp.)

Downtown Shopping District offers more than 50 antique & collectable shops as well as a variety of restaurants

Noble Energy Inc Global Headquarters, Chasewood Tech-nology Park, University Park (Lone Star College - University Park, University of Houston Downtown – Northwest, and Sam Houston State University), and CHI St. Luke's Health The Vintage Hospital

ExxonMobil Corporate Campus (10,000 employees), Southwestern Energy Headquarters (1,500 employees), American Bureau of Shipping Headquarters (ABS) (1,200 employees), HP Corporate Campus (2,400 employees)

TOMBALL • 9 MIN. DRIVE VINTAGE PARK • 9 MIN. DRIVE SPRINGWOODS VILLAGE • 15 MIN. DRIVE


Survey Additional Information

48,810

34,312(’16)

375.77 ft

375.77 ft

1114.27 ft

1113.8 ft

±9.6079ACRES

Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±9.6079 acres at 11715 Boudreaux Road in Tomball, TX 77375 (Property). All inquiries about the Property should be directed to DMRE.

Making an OfferOffer InformationOffers should be presented in the form of a non-binding Letter of Intent, and should include:

• Pricing• Due Diligence and Closing Timeframe• Earnest Money Deposit• Description of Debt/Equity Structure• Qualifications to Close• Development Plans

Due Diligence Information

To access the due diligence information please visit the Property website at:

dmreland.com/listings/#1472

Additional Property Details

PARCEL ID 0471780000002

OWNER POLYFOAM PROPERTIES LP

ADDRESS 11715 BOUDREAUX RD, TOMBALL, TX 77375

LEGAL TR 2 ABST 1406 J LENZE

DETENTION Onsite

UTILITIES Available

COUNTY Harris

PRICE To be decided by market


Tomball The Vintage Master Planned Development

Tomball Top Employers

Employer # Employees

Hewlett Packard 10,000

Tomball ISD 1,478

Tomball Regional Medical Center 1,300

Lone Star College-Tomball 1,056

Baker Hughes 680

Tomball, Texas• Located 28 miles from downtown Houston, Tomball has a

small town community atmosphere with all the conve-niences of the big city

• Top employers include Hewlett-Packard (10,000 employees) and Tomball Regional Medical Center (1300 employees)

• 1 mile south of the Property is the Tomball Business and Technology Park (102 acres) - tenants include GE Betz and Packers Plus

3 miles from the Property 4 miles from the Property

Downtown Tomball (3.2 mi) Tomball's Downtown Shopping District offers more than 50 antique & collectable shops as well as a variety of restaurants

Tender Touch GiftsBurlap RanchNaturally Nancy’sCommerce Street ClothiersTejas Chocolate + BBQJane & John BakeryWild Spirit YogaCisco’s Salsa CompanyTurquoise DoorindulgeLittle Pet CornerBramble & BeeFire Ant Brewing Co.Market Street Bakery & CafeGranny’s KornerBrautigams Bar N Grill

Tomball Farmers MarketMain Street CrossingThe Empty GlassNonnie’s Soda FountainCharlotte’s SaddleryDenovo CoffeeSnowflake DonutsBuzzles Shaved IceBonfire GrillWholly Crepe!!Caroline’s KitchenPain Train SalsaRe: BarOtto’s Emporiumthe Factory salonDaVinci Artists Gallery

Vintage Park • Retail portion of the master planned development The

Vintage• Lifestyle shopping center consisting of sixteen buildings

with pedestrian friendly walkways and convenient public parking

• Hosts live music every weekend• Approximately 324,000 square feet of ground floor retail

and medical space and 24,000 square feet of second story office space

• Announced projects to date contain 537,000 square feet of retail/office space, over 1,600 upscale residences, two apartment communities, a 123-room hotel as well as the St. Luke’s and Kelsey Seybold medical campus

Noble Energy Inc Global Headquarters• Independent oil and natural gas exploration and pro-

duction company employing 2,500 people• Ranked #5 World’s Best Employers in 2017 by Forbes• Recently shifted 100 more employees to the global

HQ from Denver• Noble Energy Center One: a 497,000 square foot

office building located at 1001 Noble Energy Way• Noble Energy Center Two: a 20-story, 470,000

square-foot build-to-suit office building located on a 4.7 acre site adjacent to Noble Energy Center One

University Park

Lone Star College - University Park• More than 11,000 students enrolled• Currently under construction on a new $15.4 million,

50,000-square-foot, three-story science building science center that will house 12 labs

University of Houston Downtown – Northwest• UHD has nearly 14,000 students enrolled throughout its

Houston system

Sam Houston State University• Recently opened their new campus at University Park


CHI St. Luke’s Health • Phase I opened in January 2016: 55,000-square-foot

ambulatory medical center; 4 inpatient beds, 10 emer-gency room beds, four operating suites, two endoscopy suites, full diagnostic imaging capabilities and 100,000 square feet of medical office space; the hospital will have 250 beds at build out

• Initial investment for the project was $120 million; St. Luke’s has committed up to $70 million over the next five years

ExxonMobil Corporate Campus • 385-acre campus completed in 2015• Relocated 10,000 employees to the area• 3 million square feet

Southwestern Energy • Headquarters completed in 2014 • 515,000 square feet• Approx.1,500 employees (expected to grow to 3,000)

American Bureau of Shipping (ABS) • Will be located in the 10-story, 326,800-SF CityPlace 2

mixed-use project• With 1,200 employees, ABS will occupy the entire building

on a long-term basis for its headquarters operations

EXXONMOBIL CAMPUS

EXXONMOBIL CORPORATE CAMPUS (10,000 EMPLOYEES)

HP CORPORATE CAMPUS (2,400 EMPLOYEES)

CITYPLACE

Less than 10 miles from the Property

Springwoods Village is a 2,000 acre master planned community situated just south of The Woodlands and 20 miles north of downtown Houston. The community is a new model of sustainability and greener living for the Houston region, preserving its natural ecosys-tems, building energy-smart new homes, and reducing dependence on the car by providing a walkable mix of retail, dining, offices, and public amenities.

Springwoods Village will build out its master plan over the next 10+ years. At buildout, Springwoods Village will achieve:

• 8 million square feet of commercial space• 1 million square feet of retail space• 35,000 employees• 3,500 housing units

HP Corporate Campus • 378,000 square feet in two buildings and approximately

2,400 employees• Began construction in early 2017; completion expected by

third quarter 2018

CityPlace • CityPlace 2, at 10-stories and 327,000 SF, will be the new

home to American Bureau of Shipping; includes 25,000 SF of ground floor retail and is scheduled for completion in October 2018

• CityPlace 1, a new 149,600-square-foot office building, is currently in the planning stages

NEW: Marriott CityPlace• Broke ground March 2017• 10-story, 337-room hotel will be the first full-service hotel

in CityPlace when it opens in November 2018

Springwoods Village


The Woodlands Town CenterOne of the most active commercial building markets throughout Houston

• 1,000-acre “downtown” of The Woodlands contains over 6.9 million square feet of office space

• Home of Anadarko’s two iconic towers: 807,586-square-foot Allison Tower and 550,000-square-foot Hackett Tower

• Other major employers include Aon-Hewitt, Baker Hughes, Huntsman Company, Chevron Phillips Chemical Company, US Oncology and Entergy

Hughes Landing• Class A Office: One Hughes Landing, Two

Hughes Landing, Three Hughes Land-ing, 1725 Hughes Landing Blvd., 1735 Hughes Landing Blvd.

• Hospitality: Embassy Suites by Hilton with 205-suites, 24-hour fitness center and rooftop infinity pool

• Multifamily: One Lakes Edge luxury resi-dences with 390 units

Memorial Hermann The Woodlands• 294-private bed, full-service, acute care

facility• Employs over 780 medical staff phy-

sicians, 1,300 employees, and 250 volunteers

• Features a diabetes self-management program, a certified primary stroke center, sports medicine, rehabilitation and physi-cal therapy, occupational therapy, speech therapy, registered dietitians and an emergency center accredited as a Level III trauma center by the State of Texas

CHI St Luke’s Health - The Wood-lands Hospital

• 62-acre campus

Top Employers in The Woodlands

Anadarko 3867

Memorial Hermann The Woodlands 2001

ExxonMobil 1900

Aon Hewitt 1800

CHI St Luke's Health - The Woodlands 1510

CB&I 1008

Huntsman Corporation 894

Woodforest National Bank 817

Repsol USA 710

Chevron Phillips Chemical Company 678

Cynthia Woods Mitchell Pavilion 625

McKesson Specialty Health 616

Baker Hughes 550

Entergy 471

NEW DEVELOPMENTS

Three Hughes Landing: 12-story, 321,000-squarefoot Class A office build-ing with an on-site conference room and fitness center; currently 30% leased

1725 Hughes Landing: 13-story, 332,000-squarefoot Class A office build-ing with an on-site conference room (seats up to 100) and fitness center

Houston Methodist - The Woodlands Hospital: Now open - a full-service, acute hospital featuring women’s services, breast cancer center, childbirth center, and neurology and neurosurgery

HUGHES LANDING

THE WOODLANDS TOWN CENTER

AON HEWITT THE WOODLANDS

MEMORIAL HERMANN THE WOODLANDS

• 242-private-bed, nonprofit hospital • Offers a full range of family healthcare,

from pediatrics to geriatrics, from emer-gency services to birthing center, and from diagnostics to surgery

Texas Children’s Hospital - The Woodlands

• 548,000 square feet on 22 acres• 24 emergency center rooms, 74 outpa-

tient rooms, five radiology rooms, four operating rooms and initially 30 acute care beds, which could expand to up to 200 beds

The Woodlands

10 miles from the Property


The Woodlands Mall

• 1.3 million square feet of shopping and dining• More than 160 stores including Aldo, Anthropologie,

Apple, Athleta, Banana Republic, Bath & Body Works, Buckle, Brookstone, Clarks, Coach, Express, Finish Line, Gap, GNC, Kiehl’s, Loft, Microsoft, Oakley, Sephora, Urban Outfitters, Victoria’s Secret, and more

• Restaurants include Fleming’s, The Cheesecake Factory, and P. F. Chang’s

Hughes Landing

• 66-acre mixed-use development on Lake Woodlands• Retailers include: 18ǀ8 Fine Men’s Salon, Beauty State-

ment, Blo Blow Dry Bar, Cadence Bank, Fleet Feet Sports, Focus Optical, Fred Astaire Dance Studio, ivivva, KB Kasu-als, Kriser’s Natural Pet, Norton Ditto, Pure Barre, RIDE Indoor Cycling, Venetian Nail Spa, vom FASS Oils Vinegars Spirits, Willa Boutique and Woodlands Laser

• Restaurants include: The Blue Fish, Broken Barrel, Califor-nia Pizza Kitchen, CUPS Frozen Yogurt, Del Frisco’s Grille, Escalante’s Fine Tex-Mex, Fogo de Chão, Local Pour, Macaron by Patisse, Starbucks, Truluck’s Seafood, Steak & Crab House, and Whole Foods Market

• Amenities: Lakes Edge water sport rentals, boardwalk, band/entertainment area, dog park, connection to hike and bike trails, Overlook Park and Wetlands Park

Market Street • Over 70 high end retail shops including Tiffany & Co.,

Brooks Brothers, and Michael Kors• 17 dining establishments including 1252 Tapas Bar, La

Madeleine, and Uni Sushi• Hyatt Centric (70 keys)• Market Street Cinemark movie theater • WiFi-enabled central park

Cynthia Woods Mitchell Pavilion• Outdoor amphitheater seats 6,500 with capacity for an addi-

tional 10,000 on the lawn• Presents between 50 and 65 events every March through

December• Summer Home of the Houston Symphony, the Home Away

from Home of the Houston Ballet, and a presenting venue for the Houston Grand Opera and Texas Music Festival Orchestra

HUGHES LANDING

MARKET STREET

CYNTHIA WOODS MITCHELL PAVILION

THE WOODLANDS MALL

The Woodlands

10 miles from the Property


TOMBALL PKWY

TOMBALL PKWY

TOMBALL PKWY


SPRING CYPRESS RD

SPRING CYPRESS RD

SPRING CYPRESS RD

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SUGARBERRY PLACE100 Acres

150 Homes

Tomball Business & Technology Park102 Acres

Tenants include GE Betz and Packers Plus

SUGARBERRY PLACE100 Acres

150 Homes

WILDWOOD AT NORTHPOINTE200 Acres, 516 Homes

Prices up to $435KHAYDEN LAKES

611 HomesOAKCREST NORTH

658 Homes


STONEBROOK ESTATES135 Homes


TRAILS OF CYPRESS LAKES352 Homes

David Wayne HooksMemorial AirportGreystar - 361 Units

STABLES TOWN CENTER

WILLOWCREEK RANCH219 Homes

Prices up to $1.6M

TOMBALL TOWN CENTER · 3.5 MI DOWNTOWN TOMBALL3.2 MI

Tomball Regional Medical Center

SPRING CYPRESS RETAIL

THEIS LN RETAIL · 2.5 MI

SWC 249 & WALLER-TOMBALL RD · 3.5 MI

TOMBALL MARKET PLACE · 3.5 MI

1

SEC 2920 & 249 · 3.5 MI

CYPRESS SPRINGSYes! Fitness (coming soon)

50,657(’16)

48,81034,312 (’16)

127,610(’16)

4

2

3


Prices up to $1.2M


±9.6079ACRES

Landmark Apartments

Regional Highlights Map

New & Upcoming Development

1. Grand Parkway Town Center

Proposed retail development by NewQuest

450,000 SF of retail and pad sites

Project will be anchored by pro-posed national grocery, whole-sale club, & fitness club

Proposed tenants include:

2. Tomball Marketplace

12-acre retail development by Capital Retail Development

15,000 SF of retail and 3 pad sites

Anchor tenant is Lidl, a German-based grocery

3. Gleannloch Crossing9-acre retail development by Capital Retail Development

Partially complete - started deliv-ering space to tenants in 2017

Newest tenant is SportClips

4. Future Harris County Pct. 4 Courthouse & Annex


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inte

rmed

iary

. Th

e br

oker

is

requ

ired

to t

reat

eac

h pa

rty

hone

stly

and

fai

rly a

nd t

o co

mpl

y w

ith T

he

Texa

s Re

al E

stat

e Li

cens

e Ac

t.

A br

oker

who

act

s as

an

inte

rmed

iary

in a

tran

sact

ion:

(1)

shal

l tre

at a

ll pa

rtie

s ho

nest

ly;

(2)

may

not

disclos

e th

at t

he o

wne

r w

ill a

ccep

t a

price

less

tha

t th

e as

king

pric

e un

less

aut

horiz

ed i

n w

ritin

g to

do

so b

y th

e ow

ner;

(3)

may

not

disclos

e th

at t

he b

uyer

will p

ay a

pr

ice g

reat

er t

han

the

price

sub

mitt

ed in

a w

ritte

n of

fer

unle

ss a

utho

rized

in w

ritin

g to

do

so b

y th

e bu

yer;

and

(4)

may

not

disc

lose

any

con

fiden

tial i

nfor

mat

ion

or

any

info

rmat

ion

that

a p

arty

spe

cifica

lly i

nstru

cts

the

brok

er i

n w

ritin

g no

t to

disc

lose

unl

ess

auth

orize

d in

w

ritin

g to

disc

lose

the

info

rmat

ion

or re

quire

d to

do

so b

y

The

Texa

s Re

al E

stat

e Lice

nse

Act

or a

cou

rt or

der

or if

th

e in

form

atio

n m

ater

ially

rel

ates

to

the

cond

ition

of t

he

prop

erty

.

With

th

e pa

rtie

s’

cons

ent,

a br

oker

ac

ting

as

an

inte

rmed

iary

bet

wee

n th

e pa

rtie

s m

ay a

ppoi

nt a

per

son

who

is

licen

sed

unde

r Th

e Te

xas

Real

Est

ate

Lice

nse

Act

and

asso

ciat

ed w

ith t

he b

roke

r to

com

mun

icat

e w

ith

and

carr

y ou

t in

stru

ctio

ns

of

one

part

y an

d an

othe

r pe

rson

who

is

licen

sed

unde

r th

at A

ct a

nd

asso

ciat

ed w

ith t

he b

roke

r to

com

mun

icat

e w

ith a

nd

carr

y ou

t ins

truc

tions

of t

he o

ther

par

ty.

If y

ou c

hoos

e to

hav

e a

brok

er r

epre

sent

you

, yo

u sh

ould

ent

er i

nto

a w

ritte

n ag

reem

ent

with

the

br

oker

tha

t clea

rly e

stab

lishe

s th

e br

oker

’s o

blig

atio

ns

and

your

obl

igat

ions

. T

he

agre

emen

t sh

ould

sta

te

how

and

by

who

m t

he b

roke

r w

ill b

e p

aid.

You

hav

e th

e rig

ht t

o ch

oose

the

typ

e of

rep

rese

ntat

ion,

if a

ny,

you

wish

to rec

eive

. You

r pa

ymen

t of a

fee

to a

bro

ker

does

no

t ne

cess

arily

es

tabl

ish

that

th

e br

oker

re

pres

ents

you

. If y

ou h

ave

any

ques

tions

reg

ardi

ng

the

dutie

s an

d re

spon

sibi

litie

s of

th

e br

oker

, yo

u sh

ould

res

olve

thos

e qu

estio

ns b

efor

e pr

ocee

ding

.

Buy

er,

Sel

ler,

Lan

dlor

d or

Ten

ant

D

ate

Texa

s Re

al E

stat

e Br

oker

s an

d Sa

lesp

erso

ns a

re li

cens

ed a

nd r

egul

ated

by

the

Texa

s Re

al E

stat

e Co

mm

issi

on (

TREC

). I

f you

hav

e a

ques

tion

or c

ompl

aint

re

gard

ing

a re

al e

stat

e lic

ense

e, y

ou s

houl

d co

ntac

t TRE

C at

P.O

. Box

121

88, A

ustin

, Tex

as 7

8711

-218

8 ,

512-

936-

3000

(ht

tp:/

/ww

w.t

rec.

texa

s.go

v)

T

REC

No.

OP-

K

11

777 POST OAK BLVD, SUITE 255HOUSTON, TEXAS 77056

WWW.DMRELAND.COM

© 2018 Dosch Marshall Real Estate, All Rights Reserved

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