River Walk Marquis
17,000 SF, TWO STORY MEDICAL OFFICE AND RETAIL BUILDING LOCATED AT THE MAIN ENTRANCE OF THE NEW RIVER WALK MEDICAL PARK
About River Walk Marquis
Located at the main entrance of the new River Walk Medical Park, the River Walk Marquis represents a unique opportunity to establish the highest presence and visibility in Flower Mound and surrounding communities. This 17,000 sf. office building will be distinguished by stunning architecture and prestige. Providing a unique blend of boutique retail and medical, the River Walk Marquis will be unsurpassed in location, ease of access and visibility.
Project Informationo 2011 4th Quarter Completiono 17,000 SF Two-Story Class A Buildingo 4.5 parking spaces per 1,000 SFo T.I. Allowance $45/USF – 10 year Leaseo T.I. Allowance $35/USF – 5 year lease
Property InformationDeveloper: Rainier Medical Investments, LLCLand Purchased: August 2010Address: 2600 Central Park Ave. Flower Mound, TX
Contact Information: 214-234-8240 [email protected]
River Walk Marquis
Of the 2 zip codes analyzed (75028 & 75022) to obtain the success potential for medical practices in Flower Mound, the median national percentile score was 99.85, indicating that the Flower Mound medical market as a whole is better than 99.85 percent of markets nationally. Also, both of the zip codes analyzed fell in the top 10% nationally.
Rentable Area: 17,000 SFRental Rate: $25.00 NNN
Contact Information
Leasing Information
Traffic InformationLong Prairie Road (SH 2499) –
56,000 cpdCross Timbers (SH 1171) –
78,000 cpd
The Flower Mound service area is made up of a large, rapidly growing, and affluent patient base. The service area is projected to grow at a rate of 16.95% over the next 5 years. This patient base has a median household income of $118,666 and an affluence score of 133.98. 94.24% of the population has access to medical care through government or private programs, with 91.81% commercially insured. The fastest growing segment of the market is the 65+ year age range.
Demographic InformationCurrent Population 3 miles: 70,405 Current Population 5 miles: 186,420Projected Population 3 miles: 92,288 (2013)Projected Population 5 miles: 230,827 (2013)Median household income: $118,666
13760 Noel Road, Suite 800, Dallas, Texas 75240
RMI strives to understand medical markets and underwrite the medical environment in the market by utilizing detailed market data designed specifically to analyze medical and patient data for the market.
Medical Market Scorecard Summary: Flower Mound, Texas