oldham goodwin's commercial quarterly | 2nd quarter 2011
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Commercial Real Estate Quarterly Review
www.OldhamGoodwin.com
2nd Quarter2011
Commercial QuarterlyRetail | Office | Industrial | Multifamily | Land | Hospitality
2 979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Editor & Graphic Design: Dale Sandlin Volume 3, Issue 2© 2011 Oldham Goodwin Group, LLC. The information herein has been obtained from sources deemed reliable. Although we believe it to be accurate, we have not veri-fied it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any values, projec-tions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction depends on tax and other factors, which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
Table Of Contents
About the Cover:The Shops at The District is located in a recently con-structed building at 321 East 26th Street, just off Texas Avenue in Bryan. The Shops occupy the first floor of the three-story office building and is conveniently located in Historic Downtown Bryan. Within close proximity to the Brazos County Court House, Bryan City Hall, Fib-ertown, and the Bryan Public Library, the potential foot traffic and new 1,000 space parking garage (sched-uled completion Fall 2011) will provide an abundance of prospective customers for the Shops. This area is the “place to be” for retailers and service providers with the continued rejuvenation of Downtown Bryan and popular events such as First Friday and Texas Reds Festival. This location provides retailers with a unique opportunity to reach many different types of customers. Space is avail-able now – up to 6,500 contiguous square feet. For more information, visit www.OldhamGoodwin.com.
Property Items Explained ....................................................................................................................................................................................... 3Property Spotlight: Creekside Professional Building | College Station, Texas ............................................................................................. 4Commercial Properties For Sale............................................................................................................................................................................ 5Property Spotlight: ~19 Acres on William D. Fitch Parkway | College Station, Texas .............................................................................. 8Urban Land For Sale............................................................................................................................................................................................... 9Recreational & Farm/Ranch Land For Sale .......................................................................................................................................................14Property Spotlight: 405 & 407 Cherry | Bryan, Texas .................................................................................................................................15Multifamily Properties For Sale ...........................................................................................................................................................................16Tenant Spotlight: C&J’s Barbecue .......................................................................................................................................................................17Office Properties For Lease .................................................................................................................................................................................18Industrial Properties For Lease ............................................................................................................................................................................21Retail Properties For Lease ..................................................................................................................................................................................22Property Location Map ........................................................................................................................................................................................26Commercial Management Division Profile ........................................................................................................................................................27
53
3979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
New Retail Space In Historic Downtown Area • Potential For High Foot Traffic • New Adjacent 1,000 Space Parking
Garage • Unique Retail Center
The Shops At The District | Bryan
53
New Listing
Property Items ExplainedFeatured Properties
Visit www.OldhamGoodwin.com
Property Status: This box descirbes whether the property is a New Listing, Sold or 100% Leased.
Property’s Description: This box explains the property’s features.
Property’s Map Location: This icon indicates the property’s approximate location on the map.
Location/Name: This box describes the ad-dress and city or the name of the available property.
4 979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Property Overview:As exclusive agent for the owner, Oldham Goodwin is pleased to present the offer-ing of Creekside Professional Building for your consideration. The property is a true Class “A” multi-tenant medical office building, anchored by an eight (8) year lease with St. Joseph Regional Health System. The property’s attractive exterior and excel-lent curb appeal on Highway 6 make it an attractive place for tenants to do busi-ness. This excellent investment opportunity in the thriving Bryan/College Station MSA boasts long term leases to successful medical tenants and benefits from an excellent location, new high quality construction and great visibility on State Highway 6.
Investment Highlights:Anchored By Long Term Lease With St. Joseph Regional Health System• Good Mix Of Stable And Successful Medical Tenants• Increasing Returns With Built-In Rental Escalations In All Leases• Excellent Exposure And Visibility On Dominant Traffic Corridor, State Highway 6• Great Curb Appeal With Very Attractive Building Exterior• Easily Accessible, Centrally Located In The Heart Of The Bryan/College Station MSA•
Property Spotlight: Creekside Professional Building | College Station, Texas
8
Offering Summary:Sales Price: $4,650,000Cap Rate: 8.56%Occupancy: 100%Current NOI: $398,098
Construction Features:Foundation: Reinforced Concrete SlabFrame: MetalExterior Walls: Brick VeneerRoof Structure: MembraneFloor Coverings: Tile/Carpet
Utilities:Electric: College Station UtilitiesWater: College Station UtilitiesSewer: College Station UtilitiesGas: Atmos EnergyCable: SuddenlinkTelephone: Various ProvidersMedical Office Building For Sale
Clinton D. OldhamSenior Broker Associate
Commercial Group409.781.7734
clint@OldhamGoodwin.com
5
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Commercial Properties For Sale
Hard Corner Location With Access From South College And Midway Avenue • Excellent Visibility From Multiple City Thoroughfares • Over 4,800 SF Of Shop Area With Multiple Automotive Bays
• Less Than 1.5 Miles From Texas A&M
3301 South College Avenue | Bryan
1
For More Information Contact:
Clinton D. OldhamSenior Broker Associate
Commercial Groupp 979.268.2000f 979.846.7020c 409.781.7734
clint@OldhamGoodwin.com
Oldham Goodwin represented the seller in the disposition of a ~7,420 SF
Medical Office Building
Oldham Goodwin represented the buyer in
the acquisition of a ~18,235 SF Retail Center
New Listing
~ 76,217 SF Of Total Improvements • ~10.028 Acres • Quality Metal Construction • ~ 10,580 SF Of Class “A” Office • Over 600 Feet Of Ac-tive Union Pacific Rail Spur • Two 10 Ton Cranes Two Indoor Recessed Dock High Loading Bays
2780 N. Harvey Mitchell Parkway | Bryan
2
New Listing
Well Established Successful Tenant With Over 70 Locations • Major Capital Investment By Ten-ant Indicates Interest In Long Term Commitment • Excellent Exposure And Visibility On Dominant
Traffic Corridor, Texas Avenue
601 South Texas Avenue | Bryan
3
New Listing
Contains Seven (7) Private Offices Wired For Ethernet & Cable • Each Office Has Zoned HVAC With Its Own Thermostat • Attractive New Construction With New Development In The Immediate Area
3988 Greens Prairie Road | College Station
4
New Listing
Great Opportunity For Investor Or Owner Occupier In An Irreplaceable Location • Ex-cellent Rental History With Long-Term Ten-ants • High Growth Area Near Texas A&M
University & Future Convention Center
424 Tarrow | College Station
5
New Listing
Accessibility On The Highly Trafficked Briarcrest Drive • Between Texas Avenue & Highway 6 South • Less Than 1 Mile
From St. Joseph Regional Health Center & Blinn College • Excellent Visibility
Kentwood Office Park | Bryan
6
New Listing
6
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Oldham Goodwin represented the seller in the
disposition of a Six Bay Car Wash in
College Station
Commercial Properties For Sale
Oldham Goodwin represented the seller in the
disposition of a ~53,628 SF
Office Complex
For More Information Contact:
Clinton D. OldhamSenior Broker AssociateCommercial Groupp 979.268.2000f 979.846.7020c 409.781.7734clint@OldhamGoodwin.com
~79,686 SF With Adjacent Pad Site • JC Penney Anchored Neighborhood Shopping Center • Potential Redevelopment Oppor-tunity With Availability Of Grocery Box • Good Mix Of Local & National Tenants
Market Square Shopping Center | Brenham
12
Great Opportunity For Investor Or Own-er Occupier In An Irreplaceable Loca-
tion • Significant Upside With Lease-Up Of Vacant Suites • Tremendous Location
Close To Texas A&M University
United Plaza | College Station
11
Rare Opportunity To Acquire Restaurant Property In Northgate District • 10 Dedi-cated & Exclusive Parking Spaces • Large Patio Area With Excellent Views Of North-
gate Entertainment District
303 Boyett | College Station
10
Property In Excellent Condition, Complete Remodel In 2009 • Completely New Class “A” Interior Finish Out, All New Mechanical & Electric Systems • Convenient Location With Coveted University Drive Address
1005 University Drive | College Station
9
Anchored By Long Term Lease With St. Joseph Regional Health System • Good
Mix Of Stable And Successful Medical Ten-ants • Excellent Exposure And Visibility On
Dominant Traffic Corridor, Highway 6
Creekside Professional Building | College Station
8
Renovation & Upgrade In 2009 • Large Grandfathered Pylon Sign With Excel-
lent Exposure On Texas Avenue • Coveted Texas Avenue Address Offers Ease Of Ac-cess Through Bryan And College Station
3211 South Texas Avenue | Bryan
7
7
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Oldham Goodwin represented the seller in the disposition of a ~3,402 SF
Bank Branch in Bryan
Commercial Properties For Sale
Located In The Heart Of Restaurant Row On University Drive & Highway 6 • Freestand-ing Building With Tremendous Visibility From University Drive • Attractive New Construction
Gateway Retail Center | College Station
14
Oldham Goodwin represented the seller in the
disposition of a ~2,375 SF Office Building
in Bryan
For More Information Contact:
Clinton D. OldhamSenior Broker Associate
Commercial Groupp 979.268.2000f 979.846.7020c 409.781.7734
clint@OldhamGoodwin.com
Priced Competitively At Only $110.50/SF • Property Is Part Of The Profession-ally Managed Longmire Business Park • ~7,000 SF Total With Over ~4,000 SF Of Available Office Or Medical Space
3310 Longmire | College Station
13
Clinton D. OldhamSenior Broker Associate | Commercial Group409.781.7734 | clint@OldhamGoodwin.com
The Commercial Group would be delighted to have the opportunity to discuss our services with investors, end users, and owner’s of Retail,
Office and Industrial properties.
8 979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Property Highlights:Outstanding Development Tract In Desirable South College Station• Strong Potential For Commercial & Multifamily Uses• Less Than 1½ Miles From New HEB & Lowes Anchored Commercial Develop-• mentsIn Close Proximity To Established Residential Developments & The New College • Station High SchoolAll Utilities On-Site•
Ideal For:Retail • Restaurant• Convenience Store • Office• Medical • Multifamily•
Accessibility:Property can be accessed via William D. Fitch Parkway.
Visibility:Property has excellent visibility from William D. Fitch Parkway.
Property Spotlight: ~19 Acres on William D. Fitch Parkway | College Station, Texas
17
Offering Summary:Price To Be DeterminedOwner Will Ground Lease Or Build-To-Suit With Acceptable Terms
Utilities:Electric: College Station UtilitiesWater: College Station UtilitiesSewer: College Station UtilitiesCable: Public AvailableTelephone: Public Available
Zoning:PDD, Planned Development District C-1, General Commercial A-P, Administrative Professional R-4, Multifamily
Commercial Development Land For Sale
Vernie D. BoddenSenior Broker Associate
Land Group979.777.4641
vernie@OldhamGoodwin.com
9
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Urban Land For Sale
Outstanding Development Tract In Desirable South College Station • Within The New
HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail
Traffic Generators
Tower Point Tract C | College Station
20
Outstanding Development Tract In Desirable South College Station • Within The New
HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail
Traffic Generators
Tower Point Tract B | College Station
19
Outstanding Development Tract In Desir-able South College Station • Strong Po-
tential For Commercial & Multifamily Uses • Less Than 1½ Miles From New HEB &
Lowes Anchored Commercial Developments
~19 AC on East 29th Street | College Station
17
Excellent Light Industrial Development Tract On Highway 30 Corridor • Easy Access From Highway 30 To Highway 6 • Located In Close
Proximity To Other Established Industrial Users • Owner Will Sell Or Build-To-Suit
~15.46 AC on Highway 30 | Bryan
16
For More Information Contact:
Vernie D. BoddenSenior Broker Associate
Land Groupp 979.268.2000f 979.846.7020c 979.777.4641
vernie@OldhamGoodwin.com
Oldham Goodwin represented the seller in the disposition of a ~1.27 AC
tract to an IHOP Franchisee
Oldham Goodwin represented the seller in the disposition of a ~1.57 AC
tract to Walgreens
Outstanding Redevelopment Tract On MajorThoroughfare • Strong Potential For Com-mercial & Multifamily Uses • Less Than ½
Mile From A New HEB Grocery Redevelop-ment • ~1,750 SF Office On-Site
~14.4 AC on Highway 21 | Bryan
18
Recently Constructed Metal Building Ready For Immediate Occupancy •
Over 3 Acres Of Additional Land For Yard Space Or Future Construction •
Easy Access To State Highway 79
~3.5 AC on Highway 46| Franklin
15
New Listing New Listing New Listing
10
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Urban Land For Sale
Planned Commercial Development • Ideal For Restaurant • Exceptional Location &
Visibility • Next To New IHOP • ~70,000 Vehicles Per Day On Highway 6
Boonville Town Center-Tract A | Bryan
25
Planned Commercial Development • Ideal For Retail Or Bank • Exceptional
Location & Visibility • Architectural Controls • Great Neighborhood Corner
Boonville Town Center-Tract B | Bryan
26
Regular Shape & Topography, Suitable For Development • Convenient Access to US 290 • Less Than 30 Minutes To Houston’s Metropolitan Area • Good Visibility & Paved Road Frontage
• Situated Along High Growth Corridor
~53 AC on Highway 290 | Waller
24
Close Proximity To Highly Traveled Wellborn Road • Regular Shape &
Topography • Quick & Easy Access To State Highway 40
~7.4 AC on North Graham | College Station
22
Excellent Visibility Along State High-way 6 • ~29,000 VPD (per TXDOT) • Convenient Access To State Highway
6 South
~4.5 AC on Highway 6 | College Station
23
Subject
Oldham Goodwin represented the buyer in the acquisition of a ~1.1
AC tract in Harker Heights, Texas
For More Information Contact:
Vernie D. BoddenSenior Broker AssociateLand Groupp 979.268.2000f 979.846.7020c 979.777.4641vernie@OldhamGoodwin.com
Oldham Goodwin represented the buyer in
the acquisition of a ~3.36 AC tract on FM 2818
Located On State Highway 6 • Ad-jacent To Nationally Flagged Best Western Hotel • Close Proximity To
Numerous National Retailers
~1.93 AC on Highway 6 | Navasota
21
11
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Oldham Goodwin represented the seller in
the disposition of a ~23 AC tract on Elmo Weedon Road
Oldham Goodwin represented the buyer in
the acquisition of a ~17 AC tract in Tower Point
Development
Urban Land For Sale
Located At Lighted Intersection On Highway 21 • Highly Visible Hard Corner • Adjacent To Pro-posed Nationally Flagged Hotel • Close Proxim-ity To Highway 36 & Highway 21 Intersection
~4.76 AC on Highway 21 | Caldwell
31
For More Information Contact:
Vernie D. BoddenSenior Broker Associate
Land Groupp 979.268.2000f 979.846.7020c 979.777.4641
vernie@OldhamGoodwin.com
Planned Commercial Development • Ideal For Restaurant/Hotel/Retail/Mixed Use • Exceptional Location & Visibility • Archi-
tectural Controls • Deed Restrictions
Planned Commercial Development • Ideal For Restaurant or Retail • Excep-tional Location & Visibility • ~70,000
Vehicles Per Day on Highway 6
Boonville Town Center-Tract E | Bryan
Boonville Town Center-Tract F | Bryan
29
30
Planned Commercial Development • Ideal For Restaurant Or Retail • Excep-tional Location & Visibility • ~70,000
Vehicles Per Day on Highway 6
Boonville Town Center-Tract D | Bryan
28
Planned Commercial Development • Ideal For Multifamily Use • Exception-al Location & Visibility • Great Value
On Interior Lot • Deed Restrictions
Boonville Town Center-Tract C | Bryan
27
Excellent Medical Development Property • Strong Demographics & Traffic Counts • One
Of Few Remaining Undeveloped Tracts In Area • Located On Major Commerce Thoroughfare
~11 AC on East 29th Street | Bryan
32
12
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
~.95 Acres On The Corner Of Red-mond Drive & Texas • Prime Commercial Corner In The Heart Of College Station • Within ½ Mile Of Texas A&M University
• All Utilities Available To Site
~.95 AC on Texas Avenue | College Station
34
Commercial Development • Quick Ac-cess To Highway 30 & SH 6 • Office/
Warehouse Users • Preliminary Site Plan & Master Preliminary Plat Created
~6 AC on Associates Avenue | College Station
36
Great Commercial Tract Centrally Located In College Station • Access From Texas Ave
& Morgans Lane • Ideal For Hotel Or Office Development • All City Utilities Available
~3.72 AC on Texas Ave | College Station
37
Urban Land For Sale
Highly Developable Commercial Tract • Lo-cated In High Growth Corridor Of Northeast Bryan • Highly Visible • Access From 2 Roads • Ideal For Office Development Or Car Lot
~3.92 AC on N. Earl Rudder Fwy | Bryan
38
Oldham Goodwin represented the seller in the disposition of a ~120 AC
of Industrial Land inBrenham
Site
Oldham Goodwin represented the seller in the disposition of a ~6.5 AC of Multifamily Land in College
Station
For More Information Contact:
Vernie D. BoddenSenior Broker AssociateLand Groupp 979.268.2000f 979.846.7020c 979.777.4641vernie@OldhamGoodwin.com
Located In Close Proximity To Texas A&M University • In Close Proximity To New Texas A&M Health Science Center • Ideal For Neighborhood Strip Retail Development • All Utilities Available
~10 AC on FM 2818 | Bryan
35
Outstanding Development Tract In Desirable South College Station • Within The New
HEB-Anchored Tower Point Development • All Utilities • Strong Commercial And Retail
Traffic Generators
~2.3 AC on Arrington Road | College Station
33
13
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
For More Information Contact:
Vernie D. BoddenSenior Broker Associate
Land Groupp 979.268.2000f 979.846.7020c 979.777.4641
vernie@OldhamGoodwin.com
Oldham Goodwin represented the seller in
the disposition of a ~25 AC tract on Old Reliance Road
Located Directly On State Highway 40 (William D. Fitch Parkway) • Adjacent To Highly Successful Office Development • In Close Proximity To Many Subdivisions
~.96 AC on William D. Fitch | College Station
39
Highly Developable Tract In High Growth Corridor Of Northeast Bryan • Situated At A Signaled Intersection • Extrememly High Traf-
fic Counts • All City Utilities Available • Ideal For Neighborhood Retail Or Hotel Use
~4 AC on William J. Bryan Pkwy | Bryan
40
Urban Land For Sale
Extremely Rare Large Tract Platted For Multi-family Development • Adjacent To Highly Suc-cessful Multifamily Project • Quick Access To FM
2154 (Wellborn) & State Highway 40
~19.236 AC on Greens Prairie | College Station
41
Vernie D. BoddenSenior Broker Associate | Land Group
979.777.4641 | vernie@OldhamGoodwin.com
The Land Group specializes in Urban Land as well as Recreational & Farm/Ranch Land. If you are considering buying or selling land, please
contact us today to discuss your needs.
Subject
Oldham Goodwin represented the buyer in
the acquisition of a ~30 AC recreational tract
14
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
For More Information Contact:
Vernie D. BoddenSenior Broker AssociateLand Groupp 979.268.2000f 979.846.7020c 979.777.4641vernie@OldhamGoodwin.com
Commercial And PD-Housing Zoning • In Growing West Bryan, Near Lake Bryan •
Nearly 1 Mile Of Frontage On FM 2818 • Strong Utility Service – Development Ready
~164 AC on FM 2818 | Bryan
44
Ideal Recreational Tract • Located In Direct Growth Path Of College Station • New Fencing & Entrance • Rolling Topog-
raphy With Large Trees
~70 AC on Taylor Road | College Station
46
Excellent Recreational Property Close To Bryan/College Station • Offers Mix Of Wooded And Open Pasture • Two Stock
Tanks • Good Long-Term Investment
~153 AC on Highway 21 Business | Kurten
45
Recreational & Farm/Ranch For Sale
Close Proximity To State Highway 6 • Directly In The Projected Growth Path Of
The City Of College Station
~16.67 AC on Narrow Way | College Station
42
Close Proximity And Convenient Access To State Highway 6 • Directly In The Projected Growth Path Of The City Of College Station • Regular Shape, Suitable For Development
~4.2 AC on FM 158 | Millican
43
Vernie D. BoddenSenior Broker Associate
Land Group979.777.4641
vernie@OldhamGoodwin.com
The Land Group specializes in Urban Land as well as Recre-
ational & Farm/Ranch Land. If you are considering buying or selling land, please contact me
today to discuss your needs.
Oldham Goodwin represented the seller in the disposition of a ~617 AC
recreational tract
Oldham Goodwin represented the seller in
the disposition of a ~30 AC tract on County Road 175
15979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Property Overview:The Cherry fourplexes are in the popular northgate neighborhood and is near the Texas A&M University Shuttle Bus Route and the Texas A&M University Campus. The prime location and high demand for affordable units in this area, make this a very desirable property.
Property Highlights:Excellent Value Add Opportunity • Convenient To Texas A&M • Fully-Equipped Kitchens With Dishwasher, Stove/Oven, Refrigerator & Gar-• bage Disposal Separately Metered Electric • Near Texas A&M University Bus Route • Walk To Texas A&M University• Ample Parking • Popular Northgate Neighborhood•
Property Spotlight: 405 & 407 Cherry | College Station, Texas
47
Offering Summary:Offering Price: $525,000Price Per Unit: $65,625 Price Per SF: $113.34Occupancy: 100%Existing Financing: Available On All Cash Basis
Construction Features:Foundation: Reinforced Concrete SlabFrame: WoodExterior Walls: Brick VeneerRoof Structure: Pitched CompositionFloor Coverings: Vinyl/Carpet
Utilities:Electric: College Station UtilitiesWater/Sewer: College Station UtilitiesTelephone: Various ProvidersGas: Atmos Energy8-Unit Multifamily Property For Sale
Rick T. Lemons , CCIMSenior Broker Associate
Multifamily Group979.255.1950
rick@OldhamGoodwin.com
16
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Multifamily Properties For Sale
Oldham Goodwin represented the buyer in the acquisition of an 88
Unit, Apartment Complex In Bastrop
For More Information Contact:
Rick Lemons, CCIMSenior Broker AssociateMultifamily Groupp 979.268.2000f 979.846.7020c 979.255.1950rick@OldhamGoodwin.com
Excellent Value Add Opportunity • Con-venient To Texas A&M • Fully-Equipped Kitchens • With Dishwasher, Stove/Oven,
Refrigerator & Garbage Disposal
405 & 407 Cherry Street | College Station
47
Oldham Goodwin represented the buyer in the acquisition of a 112 Unit Apartment Complex
Convenient To Texas A&M • Fully-Equipped Kitchens • Washer And Dryer Connections • On TAMU Bus Route • Large Lot • Deck •
24-Hour Emergency Maintenance
105 Winter Park | College Station
50
Over 1.5 Acres • 2,400 SF Minimum Build • Deed Restricted • Small Pond
• Survey On File
2001 Moses Creek | College Station
49
Rick Lemons , CCIMSenior Broker Associate | Multifamily Group979.255.1950 | rick@OldhamGoodwin.com
The Multifamily Group at Oldham Goodwin specializes in Apartments, Fourplexes, Triplexes and Duplexes. If you are
considering purchasing or selling a Multifamily property, we would appreciate the opportunity to speak with you about your needs.
16 Units • Walking Distance To Texas A&M University • On The Texas A&M Shuttle Route • In The Historic North-
gate Area • Recently Renovated
500 Foch | Bryan
48
17979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
About C&J BarbequeIn 1981, Chip and Jo Manning bought a convenience store down on Harvey Road near Highway 30. Chip’s father had once owned a convenience store of his own. Chip sold gas, cigarettes, beer and soda, and soon after opening, he put in a barbeque pit and began cooking, on average, 20 pounds of meat per day. People started coming by for gas and a sandwich, and the food started to get more and more popular. By 1997 Chip and Jo decided to get out of the convenience store business and converted the store to a deli style BBQ restaurant.
With this promising success, the Manning’s opened two more stores: their Texas Avenue location, in Bryan, in 2002 and their Southwest Parkway location, in College Station, in 2006. The Bryan location is the largest of the three and handles most deliveries and all catering. This location also offers private rooms that can be reserved for special events. Their Southwest Parkway location is one mile from Texas A&M on Wellborn Road.
The success of the restaurants can be attributed to an amazingly loyal and dedicated staff, quality food, low prices and the Manning’s commitment to their staff and community. Charles Alexander (Bryan), Darrell Jones (Harvey), and Scott Richter (Southwest Parkway) are the general managers of each store. They have all been with C&J for over 10 years. Their son Justin Manning also manages the Bryan store and has been helping and working with the stores ever since he was in High School.
The Manning’s think of their employees as family and friends and have enormous respect for them. That re-spect is shown true by the consideration and care that the managers and staff give the customers. There are regulars that come in each and every day, they come back because of good food and friendly service.
Tenant Spotlight: C&J Barbeque
Their Locations: 105 Southwest Parkway
College Station, Texas 77840(979) 696-7900
1010 South Texas AvenueBryan, Texas 77803
(979) 822-6033
4304 Harvey RoadCollege Station, Texas 77845
(979) 776-8969(Visit www.cjbbq.com For Operating Hours & More Info)
Located At:Southwest Crossing
College Station, Texas
Retail Space For Leasewww.OldhamGoodwin.com
18
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Office Properties For Lease
Class “A” Professional Office Building • Wide Range of Suite Configurations • High Visibility With Exceptional Traf-fic Counts • Range Of Available Spaces:
~1,707 - ~21,568 SF
Crystal Park Plaza | College Station
56
For More Information Contact:
Robert J. YoungDirector of Commercial LeasingSenior Broker Associatep 979.268.2000f 979.846.7020c 979.324.1717robert@OldhamGoodwin.com
Oldham Goodwin repre-sented the landlord in the lease for Girling Health
Care at Physicians Centre
Oldham Goodwin repre-sented the landlord in the
lease for KCEN-TV at Texas Avenue Plaza
Customizable Office Space With Open Floor Plan • Private Office Park With Favorable
Co-Tenancy • Easy Access To Highway 6 South • Controlled Building Access & Gated Office
Park Entrance • Available Space: ~10,598 SF
Texas Digital Building | College Station
55
Class “A” Professional Medical Office Building • Wide Range Of Suite Sizes And ConfigurationsConvenient Access To Highway 6 & University Drive • Range Of Available Spaces: ~428 -
~4,200 SF Contiguous
Physicians Centre | Bryan
54
New Tenant
Accessibility On The Highly Trafficked Briarcrest Drive • Between Texas Avenue & Highway 6 South • Less Than 1 Mile From St. Joseph Regional Health Center & Blinn Col-
lege • Available Space: ~8,194 SF (Divisible)
Kentwood Office Complex | Bryan
51
Well Maintained Single Tenant Building Great Location With Visibility And Exposure To High Traffic Counts On William J Bryan Parkway • Range Of Available Spaces:
~631 - ~1,666 SF
The Boonville Building | Bryan
52
New Retail Space In Historic Downtown Area • Potential For High Foot Traffic •
New Adjacent 1,000 Space Parking Ga-rage • Unique Retail Center • Available
Space: ~6,500 SF (Divisible)
The Shops At The District | Bryan
53
New ListingNew ListingNew Listing
19
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Convenient For A Variety Of Users Including Pro-fessional Office Or Medical Tenants • ~4,013 SF Of Available Space • Excellent Visibility On Long-mire Drive, A Major College Station Thoroughfare
3310 Longmire | College Station
58
Immediate Occupancy Available • Excellent Visibility With Frontage On
Texas Avenue • Numerous Recent Capi-tal Improvements • Range Of Available
Spaces: ~686 - ~11,920 SF
Texas Avenue Plaza | Bryan
57
Oldham Goodwin repre-sented the landlord in the lease for David Watson,
CFP at United Plaza
For More Information Contact:
Jason McAllisterSenior Leasing Associate
p 979.268.2000f 979.846.7020c 979.820.4872
jason@OldhamGoodwin.com
~1 Mile From Texas A&M University • One Block From Wolf Pen Creek Am-phitheater & Park • Range Of Avail-able Spaces: ~2,500 - ~3,524 SF
Wolf Pen Ridge | College Station
60
Office Properties For Lease
First Generation Space Allows For Custom Build Out • High Visibility With Exceptional Traffic Counts • Convenient Access To Restau-rants, Retail, Medical & Office • Range Of
Available Spaces: ~1,500 - ~6,360 SF
Memorial Village | Bryan
59
New Tenant
~1 Mile From The Briarcrest Exit Off Highway 6 • Within 2 Miles Of Both TAMU Main Campus And Blinn Col-lege • Centrally Located • Range Of Available Spaces: ~461 - ~2,850 SF
Executive Office Plaza | Bryan
61
Price Reduction
Central Location To Thriving Commercial And Residential Growth • Vast Traffic Flow From Texas Avenue • ~400 FT Of Front-age On Hwy 6 • Range Of Available
Spaces: ~1,268 - ~12,300 SF
Southwood Business Center | College Station
62
Oldham Goodwin repre-sented the landlord in the
lease for Outdoor Gear TV at The Emporium
20
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Office Properties For Lease
Great Visibility & Exposure To High Traf-fic Counts On University Drive • Move-In
Ready For Doctors Office Or Profes-sional Office User • Range Of Available
Spaces: ~2,000 - ~6,000 SF
University Park Plaza | College Station
64
For More Information Contact:
Robert J. YoungDirector of Commercial LeasingSenior Broker Associatep 979.268.2000f 979.846.7020c 979.324.1717robert@OldhamGoodwin.com
Oldham Goodwin repre-sented the landlord in the
lease for The 7711 Corpo-ration at The Emporium
Centrally Located Within Bryan/College Station • Small To Mid-Sized Suite Con-figurations • Within ~1.5 Miles Of Texas A&M University • Range Of Available
Spaces: ~264 - ~3,468 SF
United Plaza | College Station
66
Executive Style Office Suites • Located Along Hwy 40 Near Castlegate &
Castlerock Subdivisions • ~1 Mile From Hwy 40/Hwy 6 Intersection • Range Of
Available Spaces: ~120 - ~572 SF
Oxford & Cambridge Court | College Station
65
New Tenant
New Tenant
~1 Mile From Blinn College • Small, Mid & Large Sized Suite Configurations Available • Less Than 1/4 Mile From St. Joseph’s Re-gional Medical Center • Range Of Avail-
able Spaces: ~130 - ~5,162 SF
Copper Chase Office Park | Bryan
67
~1.5 Miles From St Joseph Regional Health Center & ~1 Mile From Blinn
College • Range of Available Spaces:~ 1,500 - ~6,000 SF
1200 Briarcrest | Bryan
63
Robert J. YoungDirector of Commercial Leasing
Senior Broker Associate979.324.1717
robert@OldhamGoodwin.com
If you are considering leas-ing space, please contact our group and allow us to provide you with the insight and ac-
cessible expertise you need to make an informed decision.
Oldham Goodwin repre-sented the landlord in the lease for Congressman Bill
Flores at Texas Avenue Plaza
21
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
For More Information Contact:
Jason McAllisterSenior Leasing Associate
p 979.268.2000f 979.846.7020c 979.820.4872
jason@OldhamGoodwin.com
Easy Access To Highway 6 South & Rock Prai-rie Road • Six 12’ Overhead Roll Up Doors • Flexible Floor-Plan Easily Divisible To Accom-modate A Variety Of Businesses • Range Of
Available Spaces: ~242 - ~14,926 SF
The Emporium | College Station
70
Industrial Properties For Lease
~20,473 SF Of Office & Warehouse Space • ~32,000 SF Of Yard Space
• High Quality Metal Construction With Four 20’ High Overhead Doors
12600 State Highway 30 | Bryan
69
Oldham Goodwin repre-sented the landlord in the lease for Standard Home Health at The Emporium
Jason McAllisterSenior Leasing Associate
979.820.4872 | jason@OldhamGoodwin.com
If you or your business is looking to relocate, expand or downsize, contact me today to find out how Oldham Goodwin can help find you a great location. For more information regarding our leasing services,
please contact me today.
Excellent Ease Of Access And Visibility On Highway 30 • Secure Yard Space &
Paved Parking • Drive Through Warehouse Space With 10’ Overhead Door Heights •
Available Space: ~2,000 SF
12793 State Highway 30 | Bryan
68
New Listing
Oldham Goodwin repre-sented the landlord in the
lease for Wareing Financial Group, LLC at Oxford Court
New Tenant
22
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Retail Properties For Lease
Located In Underserved South College Station • Affluent And Rapidly Expanding Population • Multiple Ingress/Egress Points Allows For Convenient Access • Range Of Available Spaces: ~1,200 - ~16,237 SF
Tower Point | College Station
75
Located In The Heart Of Restaurant Row On University Drive & Highway 6 • Freestanding Building With Tremendous Visibility From Uni-versity Drive • Available Space: ~3,566 SF
Gateway Retail Center | College Station
76
High Visibility With Exceptional Traffic Counts •Convenient Access To Large Rural Housing De-velopments • In-Line And End-Cap Suites Avail-able • Range Of Available Spaces: ~1,200
- ~3,000 SF
Wellborn Landing | Wellborn
New Listing
72
Convenient & Easy Access From Interstate 45 • Excellent Visibility With Frontage
On 11th Street • Diverse And Established Retail Tenant Mix • Range Of Available
Spaces: ~4,337 - ~6,638 SF
Bryan Gateway Center | Bryan
71
New Listing
Highly Visible Neighborhood Retail Center • Convenient Access To An Outstanding Mix Of Restaurants, Retail & Student Housing • Highly
Concentrated Area Of Retail, Office & Restau-rant Users • Available Space: ~1,610 SF
Freedom Center | Bryan
74
Convenient & Easy Access From Two Thoroughfares • Recently Renovated • Excellent Visibility With Frontage
On Texas Avenue • Available Space: ~2,800 SF
Beverley Estates Center | Bryan
73
New Availability
New Availability
Oldham Goodwin repre-sented the landlord in the lease for Papa John’s at Gateway Retail Center
For More Information Contact:
Robert J. YoungDirector of Commercial LeasingSenior Broker Associatep 979.268.2000f 979.846.7020c 979.324.1717robert@OldhamGoodwin.com
Oldham Goodwin repre-sented the landlord in the lease for Mattress Firm at
Shops on Texas
23
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Oldham Goodwin repre-sented the landlord in the lease for Gamestop at
Shops on Texas
Oldham Goodwin repre-sented the landlord in the lease for Peach Blossom
Island Group at Plazas At Rock Prairie
For More Information Contact:
Jason McAllisterSenior Leasing Associate
p 979.268.2000f 979.846.7020c 979.820.4872
jason@OldhamGoodwin.com
Dynamic Growth Area • Central Loca-tion With High Traffic Counts • Great Visibility And Access On Texas Avenue
Available Space: ~1,594 SF
Shops on Texas | College Station
79
Competitive Rental Rates And Build-Out Allowance • Restaurant Space Available • Adjacent To Post Oak Mall • Range Of Available Spaces: ~1,430 - ~19,225 SF
Post Oak Square | College Station
80
~4 Miles From TAMU • High Daytime Population • Southern “Gateway” Of College Station • Range Of Available
Spaces: ~2,042 - ~3,150 SF & ~0.79 AC Pad Site
Plazas At Rock Prairie | College Station
78
Convenient & Easy Access From Two Thor-oughfares • Recently Renovated With Fresh
Exterior Paint • Excellent Visibility With Frontage On Texas Avenue • Range Of Available Spaces: ~1,400 - ~3,960 SF
Mid-Town Center | Bryan
82
~3,500 SF Restaurant With Covered Patio• 10 Dedicated And Exclusive Parking Spaces • Rare Opportunity For Lease
Space In The Northgate Historical District
303 Boyett | College Station
77
Junior Anchor Availability • Over 600 Feet Of Frontage Along Texas Avenue • Less
Than 1/2 Mile From TAMU • Five Points Of Access Off Of Three Major Thoroughfares
• Available Space: ~12,467 SF
University Shopping Center | College Station
81
Retail Properties For Lease
24
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Located In The Heart Of College Station’s Retail Corridor • Excellent Visibility At The Corner Of Texas Avenue & Harvey Road Located Within Close Proximity To HEB &
Target • Available Space: ~2,263 SF
Park Plaza Center | College Station
84
Big Box Availability • Less Than 1 Mile From Hwy 290 • Less Than 3 Miles From Blue Bell Creameries • Range Of Avail-
able Spaces: ~2,000 - ~38,046 SF
Market Square Shopping Center | Brenham
86
~3.6 Miles From Texas Tech University & ~2 Miles From Lubbock Christian
University • Available Space: ~1,952 SF • Great Visibility From Loop 289
West Wind Shopping Center | Lubbock
88
~3.5 Miles From Silverlake, A 3,500 Home Residential Development • ~5
Miles From The 288/518 Intersection • Available Space: ~2,200 SF
Longwood Crossing | Pearland
87
Retail Properties For Lease
~8,000 SF Pad Site Available • Located In The Center Of The Most Densely-Populated Student Area In College Station • Located
Less Than ½ A Mile From TAMU • Range of Available Spaces: ~1,500 - 6,000 SF
Southwest Crossing | College Station
83
Convenient & Easy Access From Interstate 45 • Excellent Visibility With Frontage
On 11th Street • Diverse And Established Retail Tenant Mix • Range Of Available
Spaces: ~4,337 - ~6,638 SF
Grant Plaza | Huntsville
85
Oldham Goodwin repre-sented the landlord in the
lease for Merle Norman at Post Oak Square
For More Information Contact:
Robert J. YoungDirector of Commercial LeasingSenior Broker Associatep 979.268.2000f 979.846.7020c 979.324.1717robert@OldhamGoodwin.com
Oldham Goodwin repre-sented the landlord in the lease for Yogurtland Col-lege Station at Park Plaza
Center
25
RECENT TRANSACTIONS
979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
For More Information Contact:
Jason McAllisterSenior Leasing Associate
p 979.268.2000f 979.846.7020c 979.820.4872
jason@OldhamGoodwin.com
Oldham Goodwin repre-sented the landlord in the
lease for Aerofit Express at Southwest Crossing
Oldham Goodwin repre-sented the tenant in the lease for Fish N’More at
Tejas Center
Retail Properties For Lease
Robert J. YoungDirector of Commercial Leasing | Senior Broker Associate
979.324.1717 | robert@OldhamGoodwin.com
If you are considering leasing space, please contact our group and allow us to provide you with the insight and accessible
expertise you need to make an informed decision.
Excellent Visibility • Diverse And Estab-lished Retail Tenant Mix • Recently Updat-ed Façade • Convenient Bank Availability
With Drive-Thru Available • Range Of Available Spaces: ~1,000 - ~2,100 SF
Brookhaven Retail Center | Bryan
91
Anchored By Super Walmart Of College Station • Great Access To The Center With Entrances On Longmire & Texas Avenue •
Available Space: ~1,000 SF
Southwood Plaza | College Station
89
Convenient Community Retail Center • Great Vis-ibility & Access On Southwest Parkway & Texas Avenue • Centrally Located Near Texas A&M University And Residential Subdivisions • Range Of Available Spaces: ~1,161 - ~45,500 SF
Park Place Plaza | College Station
90
26 979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Property Location Map
This map of the Bryan & College Station city limits is for marketing purposes only and may not accurately depict the actual city limits. This map is not to scale and all property locations are approximate.
N. Earl Rudder Fwy
6
6
6
6
2223
974
190
1179
2818
60
50
2818
2818
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1179
158
47
47
21 30Ha
rvey
Rd
Gree
ns P
rairie
Rd
Rock Prairie Rd
Barro
n Rd
Wellborn Rd N
Grah
am R
d
Boonville Rd
Texas Ave S
N Texas Ave
Mumford Rd
Sand
y Poin
t Rd
N Dowling Dr
S College Ave
Bryan
Unive
rsity
Dr
East 29th/Tarrow
W V
illa M
aria
Rd
Briar
crest
Dr
William J Bryan
Woodv
ille R
d
Holle
man
Dr
Geor
ge B
ush
Dr
Sout
hwes
t Pkw
y
William D. Fitch Pkwy
College Station
Wellborn
S Earl Rudder Fwy
Leon
ard R
d
Finfeather Rd
Welsh Ave
Wellborn Rd N
Fort Worth Dallas
Austin
San AntonioHouston
Bryan/College Station
Lubbock
114
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27979.268.2000 • www.OldhamGoodwin.com
2nd Quarter 2011Commercial Quarterly
Commercial Management Division Profile
For More Information About These Services, visit www.OldhamGoodwin.com.
Southwest Crossing At Bee Creek
Crystal Park Plaza
Gateway Retail Center
Commercial Management Division Profile
Oldham Goodwin’s Commercial Management Division offers professional property management services designed to reduce li-ability, labor expenses, administration, vacancies, and tenant/landlord disputes as well as increase asset value and public visibility. By offering a complete range of management services for Retail, Office & Industrial property types including: Asset Management, Property Management, Advisory/Consulting Services, Construction Management and Real Estate Owned (REO) Workout/Manage-ment Solutions, Oldham Goodwin is structured to ensure your investment is maximized at every stage of the process. With a strong focus on customer service, our team works closely with you to identify and execute strategies to improve performance and yield quantifiable results.
Southwest Crossing At Bee Creek | College StationStrategically located at the intersection of Wellborn Road and Southwest Parkway within • close proximity to Texas A&M and a densely-populated student area in College Station.100 % leased• Oldham Goodwin leased spaces to Haix, Aerofit Express, Hungry Howie’s Pizza and • Layne’s
Example Managed Properties
2800 South Texas Avenue, Suite 401Bryan, TX | 77802
Phone: 979.268.2000 | Fax: 979.846.7020www.OldhamGoodwin.com
Crystal Park Plaza | College StationThe only true multi-story Class “A” professional office building in College Station, Texas. • ~93,822 SF building is located near Emerald Parkway at the intersection of Highway 6 & • Harvey Mitchell Parkway (FM 2818)Crystal Park Plaza offers its tenants convenient access to Highway 6, key-card controlled • access, abundant parking and on-site storageRecent transaction - Schulman Partners, Ltd. & an additional ~12,727 SF currently in ne-• gotiation to be leased.
Gateway Retail Center | College StationLocated at the corner of Highway 6 and University Drive in the middle of the highest con-• centrations of national retailers in the Brazos Valley Gateway Station, the adjacent shopping center houses retailers such as Home Depot, Ulta, • Chico’s, Kirkland’s, Talbots, Michaels, Starbucks and JoS. A. Bank’s.Recent transaction - Papa John’s Pizza•
2nd Quarter 2011Commercial Quarterly
Rick Lemons, CCIM Multifamily Group
Vernie D. Bodden, III Land Group
Jason McAllister Leasing Division
Daniel Powell Sales Division
Clinton D. Oldham Commercial Group
Robert J. Young Leasing Division
Brock Robertson Leasing Division
Melissa Weck Leasing Division
Senior Broker Associate
Senior Broker Associate
Senior Leasing Associate
Sales Coordinator, Associate Leasing Coordinator, Associate
Leasing Associate
Senior Broker Associate
Senior Broker Associate
Over the last 4 years, Robert has focused on increasing his understanding of the B/CS real es-tate market, the emerging trends that affect the city, county, and state, and the commercial real estate growth indicators that real estate experts use to predict the future of the local market. Robert strives to deliver the highest levels of client services available.
979.324.1717robert@OldhamGoodwin.com
Brock specializes in commercial property analy-sis, budget projections, and providing landlord representation for office space. Brock utilizes and leverages his knowledge of commercial real estate finance to provide exceptional service to each of his clients. Outside of work, Brock is an avid golfer and enjoys spending time with family and friends.
469.363.8619 | brock@OldhamGoodwin.com
Melissa coordinates leasing marketing and transaction efforts as well as assists executives with brokerage strategic initiatives. Melissa is a licensed real estate agent and holds prior leas-ing experience with Equity Real Estate
832.489.0759 melissa.weck@OldhamGoodwin.com
Daniel coordinates sales marketing and transac-tion efforts as well as assists executives with brokerage strategic initiatives. Daniel is known by his peers as highly organized and extremely knowledgeable of brokerage services. 979.575.2551 | daniel@OldhamGoodwin.com
As Senior Leasing Associate, Jason is respon-sible for the leasing, marketing, and financial performance of retail and office properties. Jason advises clients on matters such as: feasibil-ity of lease terms, finish out allowances, capital expenditures, cost segregation studies, property valuation models and forecasted cash flow. 979.820.4872 | jason@OldhamGoodwin.com
Vernie’s background in the ranching industry has enabled him to build a broad base of knowl-edge in rural land, both from an operational and valuation perspective. Vernie has used these principals to broaden his scope of knowledge to include the commercial realm. As a result, he has been able to represent some of the states largest retail and hospitality developers.979.777.4641 | vernie@OldhamGoodwin.com
Rick’s background encompasses over 20 years of hospitality and property management experi-ence with Aramark, Pappas Restaurants, Inc. and Oldham Goodwin. Since 2004, he has managed and operated the multifamily division of Oldham Goodwin. As a commercial real estate broker, Rick has listed and sold numerous multifamily and single family properties to local and national investors.979.255.1950 | rick@OldhamGoodwin.com
Clint represents our private investment and corporate clients in the acquisition and disposition of Retail, Of-fice and Industrial real estate. In addition to buyer and seller representation, Clint’s experience includes project leasing, tenant representation, as well as in-vestment and financial analysis. Clint’s broad range of experience in the local commercial real estate market has made him a valuable asset to clients seeking to acquire or dispose of their assets.409.781.7734 | clint@OldhamGoodwin.com
2800 South Texas Avenue, Suite 401Bryan, Texas | 77802
T 979.268.2000 | F 979.846.7020www.OldhamGoodwin.com
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