Upload
others
View
6
Download
0
Embed Size (px)
Citation preview
FOR SALE 1450 N Redbud Blvd McKinney, TX
MIXED USE OPPORTUNITY
1450 N Redbud Blvd McKinney, Texas 75069
INVESTMENT HIGHLIGHTS
JLL is pleased to present the following property in the fast growing City of McKinney. Located just east of Highway 75 and minutes from historic downtown McKinney, this 2.47 acre site is primed for an owner/user or investor with an eye for potential. Adjacent vacant land allows for additional building square footage and/or increased parking.
LOCATION LOCATION LOCATION
ONE BLOCK EAST OF HIGHWAY
75
DOWNTOWN
EASE OF ACCESS
GROWTH OPPORTUNITY
EXCEPTIONAL MARKET FUNDAMENTALS
D ID WE MENTION
LOCATION?
SITE
1450 N Redbud BlvdMcKinney, Texas 75069
PROPERTY DESCRIPTION
ADDRESS:
BUILDING SIZE:
BUILDING TYPE:
YEAR BUILT:
SUBMARKET:
OFFICE BUILD-OUT:
LAND AREA:
PARKING RATIO:
ZONING:
OVERHEAD DOORS:
PRICE:
1450 N Redbud Blvd
McKinney, Texas 75069
12,000 SF
90% Office
Warehouse/Storage10%
1991
Allen/McKinney
Single-tenant
2.47 AC | 107,675 SF
2.75:1000
DevPlanned elopment
Office/Medical
Three (3)
~ $145.83 / SF
$1,750,000
1450 N Redbud Blvd McKinney, Texas 75069
SITE PLAN
EXISTING POTENTIAL
1ST FLOOR
2ND FLOOR
About McKinney
McKinney, Texas is unique by nature. Just 30 miles north of Dallas, McKinney has thrived as the county seat of Collin County and a center of commerce.
Rich with history and home to a thriving historic district, McKinney boasts a warm community atmosphere throughout its mix of charming neighborhoods and a multitude of natural assets like rolling hills, parks, streams and lakes. Visitors and residents alike relish the sense of place and authenticity McKinney offers. The population of McKinney has soared from just 54,000 in 2000 to more than 162,000 today. Many factors combine to make McKinney a truly special place, but the people here bring these vibrant qualities to life.
Consistently recognized nationally as a premier community, Money Magazine ranked McKinney #1 on its 2014 list of the “Best Places to Live in America” citing abundant employment, excellent schools, low crime and exceptional public safety, overall quality of life and a feeling of community pride as reasons for the well-deserved honor. With new leadership and strategic plans taking shape for years to come, McKinney is building its future brick by brick and residents can be assured that the best is truly yet to come.
DEMOGRAPHICS EDUCATION Estimated population (1/2016): 161,905 School districts: 8 Estimated build-out population: 357,000 MISD elementary schools: 20 Median age: 35 MISD middle schools: 5 City limits in square miles: 68 MISD high schools: 3 ETJ growth area in square miles: 116 MISD alternative schools: 3 Early childhood education: 1 HOUSING MISD total enrollment: 24,827 Average value (single-family) $299,986 Occupancy rates: Private schools: 4 Single family: 95.8% Adults with high school diploma: 92.2$ Multi-family: 92.7% Adults with bachelor’s degree or up 45.1% Other: 97.1% AMENITIES ECONOMY Miles of hike and bike trails: 63 Average household income: $83,300 Acres of park land: 2,377 Workforce estimate: 120,573 Number of parks: 35 Recreation centers/sports
complexes: 15
Top five private employers: Public libraries: 2 Ratheon 2,607 Encore Wire Corp 1,350 McKinney National Airport 1 mile Torchmark Corp 1,300 Dallas/Fort Worth International 36 miles Medical Center of McKinney 970 Dallas Love Field 34 miles Baylor Scott & White 688
Doug Carignan
Managing Director Disposition / Acquisitions Tenant Representation +1 214 438 6175
FOR INFORMATION PLEASE CONTACT:
JLL 8343 DOUGLAS AVENUE, SUITE 100
DALLAS, TX 75225 WWW.JLL/DALLAS.COM
JLL(NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4.0 billion, JLL operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 3.0 billion square feet. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management. For further information, visit www.jll.com.