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CABALLO – RETAIL & MEDICAL BUILDING: 6,000 SF / 100% LEASED FRONTS RONALD REAGAN BLVD ONE OF THE FASTEST GROWING CORRIDORS IN THE NATION 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 GLA: 6,000 SF PRICE: $2,492,307 CAP: 6.50%

CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

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Page 1: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

CABALLO – RETAIL & MEDICALB U I L D I N G : 6 , 0 0 0 S F / 1 0 0 % L E A S E DFR O N T S R O N A L D R E A G A N B L V DO N E O F T H E FA S T E S T G R O W I N G C O R R I D O R S I N T H E N A T I O N

14005 RONALD REAGAN BLVDCEDAR PARK, TEXAS 78641

GLA: 6,000 SF PRICE: $2,492,307 CAP: 6.50%

Page 2: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

CABALLO RETAIL & MEDICAL / 2

14005 RONALD REAGAN BLVD

CEDAR PARK, TEXAS 78641

403 Orchard StreetAustin, TX 78703

512.820.5174Vertiquedevelopment.com

CABALLO – RETAIL & MEDICAL OFFERING MEMORANDUM

STUART MONTEITHAssociate

[email protected]

713.562.7770

CARTER BAILEYPrincipal

[email protected]

Page 3: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

MAP LOCATION

CABALLO RETAIL & MEDICAL / 3

Page 4: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

CABALLO RETAIL & MEDICAL / 4

PROPERTY Caballo Retail & Medical Center

LOCATION14005 Ronald Reagan Blvd.

Cedar Park, TX 78641

SITE AERIALS

PAD SITE PAD

SITE

Page 5: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

AREA OVERVIEW

CABALLO RETAIL & MEDICAL / 5

Future

Mixed Use

Development

Under Development

Industrial

Park

Future

Multi-Family

Medical

Office Park

Page 6: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

SITE OVERVIEW

CABALLO RETAIL & MEDICAL / 6

PAD SITE

Under Development

Page 7: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

EXECUTIVE SUMMARY

Cedar Park is ranked in the top 15 fastest growing Cities again in 2017 with a 4.2% Population Increase to 75,704 People within City Limits

CABALLO RETAIL & MEDICAL / 7

GLA 6,000 SF

Land .77 Acres

Price $2.492 MM

Cap Rate 6.50%

Occupancy 100%

Year Built 2018

Parking 5/1000 SF

DEMOGRAPHICS 3 Mile 5 Mile

Known for its excellent schools and pro-business environment, National Companies such as Apple, Amazon, & State Farm all have large presences in the Cedar Park / North Austin area

§ Adjacent to national Preschool with 276 children capacity

§ Frontage on Ronald Reagan Blvd

§ Tenant Mix has strong synergy with the Preschool Anchor

§ Ronald Reagan corridor has had 13,000+ homes delivered to date

§ ¾ Mile from 1431 and Ronald Reagan Intersection

HIGHLIGHTS

Site is adjacent to New Hope Extension to Ronald Reagan Blvd. from Hwy 183 Toll with 4-way lighted intersection, set to be complete Summer of 2018

Page 8: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

EMPLOYER MAP – MAJOR CORPORATIONS WITHIN 15 MILES

CABALLO RETAIL & MEDICAL / 8

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§̈¦35

UV130

Austin-BergstromInternational Airport

Home Depot Technology Center

Lake Travis

Walter E. Long Lake

Brushy Creek

Barton Creek

Colorado River

§̈¦35

£¤183

£¤290

£¤79

£¤183

£¤290

£¤183

£¤290

UV130

UV1

UV45

UV71

UV360

UV71

UV45

UV1

UV45

1431

969

620

2222

2244

2243

1826

1626

E. Parmer Ln.

Airport Blvd.

University Blvd.

N. La

mar

Blvd

.

Slaughter Ln.

W. Parmer Ln.

S. Lamar Blvd.

Ronald Reagan Blvd.

MLK Jr. Blvd.

ROUND ROCK

LEANDER

CEDAR PARK

PFLUGERVILLE

HUTTO

MANOR

BUDA

WEST LAKE HILLS

GEORGETOWN

BEE CAVE

SUNSET VALLEY

ROLLINGWOOD

3M

UT

ARM

IBM

eBay

Visa

LCRA

Flex

AT&T

Apple

Google

VMware

Amazon

Indeed

Maximus

Deloitte Netspend

Facebook

Conduent

Spectrum

U.S. IRS

LegalZoom

Rackspace

AccentureSolarWinds

Trellis Co.

BAE Systems

Bazaarvoice

Harte-Hanks

Intel

ICU Medical

Oracle

Oracle

Realty Austin

Luminex

CommUnityCare

Cisco Systems

Charles Schwab

General Motors

Coldwell Banker

Ascension Seton

Dell

Rosendin Electric

United Healthcare

Applied Materials

Dell

GCA Services Group

NXP Semi

NXP Semi

Chasco Constructors

JB Goodwin Realtors

Pearson Assessments

Activision Blizzard

Sears Customer Care

Goodwill Industries

AECOM

National Instruments

Cypress Semi

National Oilwell Varco

Texas Disposal Systems

AMDWells Fargo

Austin Regional Clinic

Farmers Insurance

St. Edward's University

Q2

Dimensional Fund Advisors

Progressive Insurance

Texas Mutual Insurance Co.

Emerson Process Management

Invenio Marketing

Yodle

Samsung

ABC Home & Commercial Services

U.S. Veterans Affairs

Dynamic Manufacturing Solutions

Baylor Scott & White Healthcare

TruSourceLabs

Texas Association of School Boards

Electronic Arts

American Cancer Society

Wayne Fueling SystemsShop LC

AloricaSuperior HealthPlan

Capitol Wright Distributing CompanyMarriott Customer Center

St. David's Healthcare

Pharmaceutical Product Development

Teacher Retirement System

Clinical Pathology Laboratories

University Federal Credit Union

SHI

Home Store Support Center

Hewlett-Packard Enterprise

State Farm

Keller Williams

Silicon Labs

JPMorgan Chase

Whole Foods

Main Street Hub

Bank of America

Dynamic Systems

State of Texas

Cirrus Logic

HomeAway

0 5 102.5Miles

Legend#* Major Employers

Commuter Rail

Regional CitiesCounty Boundary

±

Travis County

WilliamsonCounty

HaysCounty

Greater Austin Major Employerswww.austinchamber.com

SITEo Apple

o Amazon

o eBay

o State Farm

o Oracle

o Visa

o HomeAway

o Cisco Systems

o IBM

o Charles Schwab

o Emerson Process

o 3M

o Dell

Source: https://www.austinchamber.com/

Page 9: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

HOUSING & DEVELOPMENT MAP

CABALLO RETAIL & MEDICAL / 9

Caballo Retail

Page 10: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

CEDAR PARK - AREA OVERVIEW

CABALLO RETAIL & MEDICAL / 10

http://www.cedarparktexas.gov/

Page 11: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

TENANT OVERVIEW

Little Land is an idea, a vision of a place where kids can be kids… and where kids can grow and develop. Sometimes that may look like one-on-one therapy, other times it may be group sessions or open play. The Little Land concept was developed to revolutionize the way pediatric therapy is administered across our community.

Little Land offers a large indoor play area with activities, equipment and games for children to utilize that all have a developmental purpose — but are also fun. Little Land is a place where kids can have fun all while growing and developing to their fullest potential. In addition to the play gym, Little Land offers pediatric Occupational Therapy, Physical Therapy and Speech Pathology in our clinic that is collocated with Little Land Play Gym.

CABALLO RETAIL & MEDICAL / 11

Perch Dentistry aims to go beyond oral health by creating an ambiance, an environment, a feeling, a vibe that can better a person’s soul, demeanor, and overall well-being. We want to create an oral health care environment that is innovative, fresh, fun, artistic, and inviting. Most importantly, establishing a connection of comfort and trust with our patients. Our goal is to redefine the dental experience and create an escape or relaxing environment away from the struggle of everyday life.

Dr. Shivam Patel and Dr. Denise Cua are excited to share their vision of dentistry to the Cedar Park and Leander communities. They offer an array of dental services for the entire family including preventive care, restorative, removable, cosmetic, endodontics, Invisalign, and implants.

Page 12: CABALLO –RETAIL & MEDICAL · 2018. 8. 6. · CABALLO RETAIL & MEDICAL / 2 14005 RONALD REAGAN BLVD CEDAR PARK, TEXAS 78641 403 Orchard Street Austin, TX 78703 512.820.5174 Vertiquedevelopment.com

SITE PLAN

CABALLO RETAIL & MEDICAL / 12