For sale IMMEDIATELY SW OF PLANO PARKWAY AND HIGHWAY 121 CASTLE HILLS DEVELOPMENT Lewisville, Texas Retail opportunity in the highly desirable community of Castle Hills
Nebraska Furniture Mart is the largest home furnishing store in North America selling furniture, flooring, appliances and electronics. Stretching across 100 acres, this massive Texas-sized home furnishings store is located off Sam Rayburn Tollway/Texas 121 in-between Plano Parkway and W Spring Creek Parkway. The Texas store employs 2,200 people with an annual revenue of $600 million. THE OPPORTUNITY JLL has been exclusively retained by the Owner in the sale of this strategically located asset positioned along the 121 Platinum Corridor. With its proximity to D/FW Airport, access to the Sam Rayburn Tollway, the short distance to both I35 and the Dallas North Tollway, land along this four mile stretch of road has become the most sought-after in the Metroplex. Situated next to Nebraska Furniture Mart, Top Golf, Toyota s new US Headquarters, and surrounded by the unprecedented population boom in North Texas, this property will make a great home to any business looking to grow their brand. The following will highlight a few of the details about the property. COMMERCIAL MIXED-USE LAND Size: +/-5.42 acres Closest major intersection: Sam Rayburn Tollway/Plano Parkway Traffic counts: Highway 121 128,851 CPD Zoning: Retail Utilities: Price: 2 Available to site Available upon request One Mile Three Miles Five miles 2016 Total population 8,806 84,041 245,589 2021 Population* 10,235 96,574 281,321 Pop growth 2016-2021* 16.23% 14.91% 14.55% 35 36 36 AREA SNAPSHOT POPULATION Average age 2016 Total households 3,037 33,321 97,732 HH growth 2016-2021* 15.81% 14.98% 14.46% $100,474 $84,922 $84,391 Median HH income Median home value Median year built $288,221 $245,835 $277,084 2006 2001 1999 *Estimates 2 MAJOR AREA EMPLOYERS Area Medical facilities Transportation Texas Health Presbyterian Plano Baylor Medical Center at Frisco Baylor Medical Center Carrollton 20 miles North of Dallas 20.5 miles from DFW International Airport 23 miles from Love Field William-Sonoma, Inc Freddie Mac Pizza Inn Hilman Fasteners Edward Don Recreation TopGolf Hawaiian Falls The Tribute Golf Course Five Star sports Complex Lewisville Lake shoreline amenities 28 municipal parks Rock & Brew Restaurant Nebraska Furniture Education Lewisville & Little Elm ISD Castle Hills Elementary Exemplary School The Colony High School UT Dallas University of North Texas Texas Woman s University Southern Methodist University Sysco Foods JC Penney Frito Lay Dr. Pepper BeautyControl Toyota US Headquarters Nebraska Furniture Mart TopGolf
DALLAS OVERVIEW The D/FW Metroplex ideal business climate is due in part to the region s quality of life, strong economy, low cost of living, skilled labor force, pro-business mind-set and absence of corporate and personal income taxes. The Region has added 501,000 residents between 2010-2014 and is projected to grow to 10,500,000 by the year 2040. D/FW excels in passenger air travel and air cargo operations with the nation s third busiest airport, D/FW International Airport; Dallas Love Field Airport, home to the largest domestic airline in the country; and the world s first fully industrial airport, Fort Worth Alliance Airport. As reported by the Dallas Economic Development department, the region ranks among the top three U.S. metropolitan areas for business expansions, relocations and employment growth. D/ FW s highly educated workforce of almost three million people is growing quickly, providing companies with an overabundance of talent. The population growth has fueled real estate development, as retailers and service providers expand to meet increasing demand. ACCESSIBILITY Every major city in the continental US can be accessed within 4 hours DFW FORTUNE 500 HEADQUARTERS Exxon Mobil AT&T Energy Transfer Equity American Airlines Fluor Kimberly-Clark HollyFrontier Southwest Airlines Tenet Healthcare Texas Instruments JC Penney Dean Foods GameStop D R Horton Commercial Metals Celanese Trinity Industries Dr Pepper Snapple Group Energy Future Holdings Alliance Data Systems Pioneer Natural Resources Toyota Toyota North America has started construction on their new HQ. The move will bring 5,000 jobs to DFW, not to mention the ancillary companies that will follow Toyota to DFW or at least open a satellite office here. FedEx FedEx Office plans to move its corporate headquarters from Dallas to the new development in Plano known as Legacy West. The move will consolidate 1,200 employees to a single location. Liberty Mutual Boston-based Liberty Mutual Insurance plans to have 5,000 employees working on a new campus in Plano by the end of 2017. W Whether you live in a major metro area or in a small town, Texas is a great place to do business or build a home. The state is one of the most business-friendly in the United States, with low taxes, a low cost of housing and a high quality of education. Texas is home to the largest medical center and the #2 cancer center in the nation. Three of the most affordable cities in the U.S. are located in Texas, four cities rank in the top ten big cities for home ownership and six of the largest cities have a cost of living below the national average. Texas continues to reign as the nation's top domestic migration destination. There are very few states that can match the State s current job opportunities, growth and residential quality of life. "Texas cities are clearly the place to be in terms of job creation, wealth formation and overall growth. - Forbes No Personal Income Tax TEXAS #1 Exporting US state Home of 52 Fortune 500 Companies Texas what else needs to be said great people, low tax, low regulation, great central location. - ChiefExecutive.net Site Selection s Governor s Cup for being the state with the most new and expanded corporate facilities in 2014 CEOs Name Texas Best State for Business for 10th year in a row Excellence in State Job Creation and Economic Development efforts LOW HOUSING COSTS On average, housing costs are 50% less than in other major metropolitan areas Home to more than 12 professional & amateur sports leagues 13M person labor force, 2nd highest in the country Led nation with 457,900 jobs created in 2014 Top rated Air, Land, Sea, Logistics infrastructure Top State for Infrastructure, Exports, Natural Gas Production and Renewable Energy Dallas Area Rapid Transit (DART) and Trinity Railway Express (TRE) move more than 220,000 people across 700 mile area each day 14 night life corridors with more than 2,500 restaurants Texas offers us the infrastructure support and resources we need to run our business. - Jim Wiseman, Vice President Toyota Manufacturing of Texas #1 Best State for Future Job Growth and Economic Climate The Metroplex is home to 25 college and universities with more than 300,000 students By truck, distributors can efficiently reach 93% of the population within 48 hours 148 colleges awarded 63,300 degrees in 2013 Texas ranks 15th for lowest cost of living Third largest share of domestic tourism America s Top State for Economy & Infrastructure
For sale IMMEDIATELY SW OF PLANO PARKWAY AND HIGHWAY 121 CASTLE HILLS DEVELOPMENT Lewisville, Texas For more information contact: Michael Haggar Vice President 214.438.6221 michael.haggar@am.jll.com 8 Forshey Hoobler Vice President 214.438.6214 forshey.hoobler@am.jll.com Craig Phelps Associate 214.438.6394 craig.phelps@am.jll.com 2016 Jones Lang LaSalle, Inc. All rights reserved. This memorandum was created only for the purpose of providing information about the subject property and should not be construed as a binding offer to sell the property. The Offering Memorandum and the sale offering may be amended or withdrawn at any time without notice. Although information has been obtained from sources deemed reliable, the Owner s representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the property without expressed or implied warranties of any kind.