OFFICE / WAREHOUSE SPACE
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1 OFFICE / WAREHOUSE SPACE FOR LEASE HARRY HINES BLVD, DALLAS, TX SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200 Dallas, TX Exclusively Offered By: Ty Underwood ext. 4 Fax: tyunderwood@sljcompany.com
2 TABLE OF CONTENTS HARRY HINES BLVD 1 I. AERIAL PHOTOGRAPHS 2 II. PROPERTY PROFILE 4 III. EXECUTIVE SUMMARY 5 IV. SURVEY 6 V. FLOOR PLAN 7 VI. PROPERTY PHOTOGRAPHS 8 VII. LOCATION MAP 11 VIII. DEMOGRAPHICS 12 IX. LOCATION OVERVIEW 13 X. DISCLAIMER & DISCLOSURE 14
3 AERIAL PHOTOGRAPH HARRY HINES BLVD 2 SITE
4 Thedford Ave AERIAL PHOTOGRAPH 15,389 VPD SITE Row 15,213 VPD Savage St HARRY HINES BLVD Obadiah knight Elementary School 3 22,677 VPD Grauwyler Park Library & Recreation Center Southwestern Medical Park Apartments Weichsel Park 288 Units Thomas J Rusk Middle School 300 Units Prudential Dr Locale Apartments 359 Units Cherry wood Park 100 Units 42,345 VPD Plantation Rd Rd 343 Units William P. Clements Jr. University Hospital Wyche Blvd Hinton St Arlington Park Recreation Center Maple Lawn Elementary School 8,940 VPD 312 Units Onesimo Hernandez Elementary School 249 Units 224 Units 342 Units 120 Units W Mockingbird Ln 329 Units Maria Luna Park 396 Units 20,686 VPD Irv Esparanza Medrano Elementary School
5 PROPERTY PROFILE HARRY HINES BLVD 4 LOCATION The subject property is located on Harry Hines Blvd, between Empire Central and Regal Row, in Dallas, Texas AVAILABLE SPACE Suite 1: Suite 2: Contiguous Available Space: LOADING One (1) grade-level overhead door CLEAR HEIGHT 14 to 16 YEAR BUILT 1968 PARKING Approximately 34 parking spaces 7,251 Square Feet 5,473 Square Feet 12,724 Square Feet LAND AREA Acres (47,247 Square Feet) *No minerals are included in the proposed transaction LOT DIMENSIONS Approximately of frontage x of depth ZONING Commercial Service District (CS) Primary Uses: Commercial & business service, supporting retail & personal service & office TRAFFIC COUNTS Harry Hines Blvd: 30,010 VPD (2012) Regal Row: 15,213 VPD (2012) Empire Central: 7,466 VPD (2012)
6 EXECUTIVE SUMMARY & HIGHLIGHTS HARRY HINES BLVD 5 EXECUTIVE SUMMARY SLJ Company, LLC ( SLJ ) has been exclusively retained to offer Harry Hines Blvd, 12,724 square feet of Office/Showroom/Warehouse space in Dallas, Texas, For Lease. Located less than one half mile from Dallas Love Field Airport, the Property enjoys strong traffic counts, rapidly improving demographics and easy access to many area traffic drivers. PROPERTY HIGHLIGHTS EXCELLENT LOCATION Located on Harry Hines Blvd, between Empire Central and Regal Row, the Property is situated along a major commercial corridor in Dallas. The area is rapidly evolving due to the rapid increase of traffic at Dallas Love Field Airport. The Property is just minutes from the Park Cities, the Medical District and Downtown Dallas and provides easy access to the area s major thoroughfares. FLEXIBLE SPACE The Property is currently configured as two suites of office/showroom/warehouse space totaling 12,724 contiguous square feet. The Property enjoys one (1) grade-level roll up door and foot clear height. The Property is currently zoned Commercial Service (CS) which allows commercial and business service, supporting retail and personal service, and office uses. HIGH TRAFFIC COUNTS With approximately 30,010 vehicles per day on Harry Hines Blvd, the Property offers high visibility and excellent exposure to vehicular traffic. STRONG DEMOGRAPHICS With a population of approximately 5,495 and 81,039 living within a 1 and 3 mile radii respectively, the Property benefits from a dense pool of consumers in close proximity. Additionally, the Hispanic population in 2016 is projected to be 169,033 within a 5 mile radius of the Property providing strong exposure to this growing demographic. MANY AREA TRAFFIC DRIVERS In addition to Love Field Airport, the Property is in close proximity to Brook Hollow Golf Club, the 37-acre West Love mixed-use development which is currently under construction, the new William P. Clements Jr. University Hospital at UT Southwestern Medical Center and the brand new $1.3 billion Parkland Memorial Hospital.
7 SURVEY HARRY HINES BLVD 6
8 FLOOR PLAN HARRY HINES BLVD 7 SUITE #3 LEASED BAR LEASED SUITE #1 AVAILABLE 7,251 SF SUITE #2 AVAILABLE 5,473 SF
9 SUBJECT PROPERTY PHOTOGRAPHS HARRY HINES BLVD 8
10 HARRY HINES BLVD 9
11 HARRY HINES BLVD 10
12 LOCATION MAP HARRY HINES BLVD 11
13 DEMOGRAPHICS HARRY HINES BLVD 12 POPULATION RADIUS 1 MILE 3 MILE 5 MILE 2015 Total Population 5,495 81, , Daytime Population 4, , , Estimated Households 1,450 28, ,647 AGE RADIUS 1 MILE 3 MILE 5 MILE 2015 Median Age Estimate INCOME RADIUS 1 MILE 3 MILE 5 MILE 2015 Avg Household Income $61,128 $71,366 $95,757 RACE AND ETHNICITY RADIUS 1 MILE 3 MILE 5 MILE 2015 White Alone 67.75% 55.28% 65.97% 2015 Black Alone 2.11% 9.44% 10.05% 2015 American Indian/Alaska Native Alone 0.53% 0.76% 0.59% 2015 Asian Alone 0.91% 3.32% 3.77% 2015 Pacific Islander Alone 0.04% 0.04% 0.04% 2015 Other Race 25.22% 27.97% 16.83% 2015 Two or More Races 3.44% 3.20% 2.76% 2015 Hispanic Origin (Any Race) 92.65% 65.62% 43.01%
14 LOCATION OVERVIEW HARRY HINES BLVD 13 INTRODUCTION The eclectic, urban neighborhood that includes Dallas Love Field airport and the Medical District continues to experience growth and vibrancy. Multifamily residential in the surrounding neighborhoods continues to expand, with significant growth along Maple Avenue in the past few years. Between the most recently constructed complexes and the developments currently being planned, there are over 6,000 residential units being added to the area. The completion of the DART Green Line adds a convenient access to the metro area. The 37-acre West Love development at Mockingbird and Maple is currently under construction. The project will include 1,000 new residential units, a national dual-branded hotel and approximately 80,000 sf of retail. DALLAS LOVE FIELD AIRPORT The airport is going through a complete revitalization, The Love Field Modernization Program (LFMP) will renovate and expand Love Field - creating a cohesive, modern facility that will serve the needs of Dallas citizens and travelers for many years to come. The LFMP renovations include a new centralized concourse with 20 gates, a remodeled lobby, expanded baggage claim area and a new ticketing wing. Southwest Airlines corporate campus is currently undergoing a 500,000 square foot expansion; traffic is expected to increase 45% on an annualized basis. MEDICAL DISTRICT The Medical District continues to flourish and expand with the recent completion of two new hospitals. The brand new $1.3 billion dollar Parkland Memorial Hospital opened in August of The hospital averages more than 1 million patient visits annually and the 2.8 million squarefoot facility is equipped with 862 single-patient rooms, a Level I Trauma Center, the second largest civilian burn center in the U.S. and a Level III Neonatal Intensive Care Unit. UT Southwestern s new $800 million state-of-the-art medical facility the William P. Clements Jr. University Hospital is rapidly changing the West Campus skyline. The 12-story, 1.3 million square-foot hospital opened in late A 500,000-square-foot biotechnology park on 13 acres, called BioCenter at Southwestern Medical District, is attracting innovative biotech companies to the area, as well as increasing research opportunities. MEDICAL DISTRICT DATA 390 acres in size 3 major hospital systems +/- 30,032 total employees 4,533 students/residents and fellows 6,000 visits per day to clinics and ER s 2,239,690 annual visits in ,955 licensed beds and growing 90,367 patients admitted in 2013
15 DISCLAIMER & DISCLOSURE HARRY HINES BLVD 14 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.
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