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WELLINGTON RIDGE WELLINGTON RIDGE KAUFMAN COUNTY RANGE REALTY ADVISORS 3625 N. HALL STREET, SUITE 630 DALLAS, TX 75219 214-416-8222 RANGEREALTYADVISORS.COM FORNEY, TEXAS OFFERING SUMMARY

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Page 1: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE

WELLINGTON RIDGE KAUFMAN COUNTY

RANGE REALTY ADVISORS

3625 N. HALL STREET, SUITE 630 DALLAS, TX 75219

214-416-8222 RANGEREALTYADVISORS.COM

FORNEY, TEXAS

OFFERING SUMMARY

Page 2: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE

WELLINGTON RIDGE PROPERTY OVERVIEW

2

Mixed-Use

SWQ of US Hwy 80 and Clemens DrForney, TX 75126

Wastewater: To siteFreshwater: To site

Forney / Sunnyvale / Mesquite

Retail, commercial, medical office, QSR

Kaufman

US Highway 80 @ Clemens Dr: 61,000 VPD (2017)

Tract D (Retail): 4.8 ACTract E (Retail): 6.0 AC

ZONINGLOCATION

UTILITIES SUBMARKET

LAND USECOUNTY

TRAFFIC COUNTLAND AREA FOR SALE

Located less than 30 minutes from Downtown Dallas at the SWQ of US Highway 80 and Clemens Drive, Wellington Ridge is Kaufman County’s latest mixed-use development. The property consists of approximately 130 acres of mixed-use land split into 3 single-family tracts, 1 multifamily tract, and 2 retail tracts, the latter of which are currently for sale.

Wellington Ridge lies in Forney, which is currently one of the fastest-growing cities in Texas, expanding its population by over 70% over the past decade. Additionally, the property is located across US-80 from Travis Ranch, a 1,500-AC master planned community that lies on the south shores of Lake Ray Hubbard. Travis Ranch currently houses 950 families and plans to add another 2000 homes in the near future, making Wellington Ridge a prime location for new retail development.

Call for details

PRICING

Page 3: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE CONCEPTUAL SITE PLAN

3

CLEM

ENTS

DR

EW

Page 4: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE AERIAL OVERVIEW

4

Blank Map (For Exporting)Texas, AC +/-

Dillon CookP: 214-416-8223 rangerealtyadvisors.com/contact-us/ 3625 North Hall Street, Suite 630, Dallas, TX 75219

The information contained herein was obtained from sourcesdeemed to be reliable. MapRight Services makes no warranties or guarantees as to thecompleteness or accuracy thereof. 844.932.6277 - mapright.com

EW

FORNEY, TX

MESQUITE,

TX

SUNNYVALE, T

X

LAKE RAY

HUBBARD

TRAVIS RANCH

(7300 LOTS) SKYLINE ESTATES (223 LOTS)

CLEMENTS RANCH

Page 5: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE INVESTMENT MERITS

55

GROWTH AND QUALITY OF LIFE IN FORNEY, TX

INVESTMENT MERITS

• Economy fueled by job growth, in-migration and corporate relocations.

• DFW residential home supply currently is at a 20-year low with a 2.5 month supply of homes available.

• Corporate relocations help fuel in-migration and job creation. Most notable: Toyota North America, Liberty Mutual, State Farm, and FedEx.

• Home price gains are highest in the U.S. at 9.5% currently.• New home inventory currently at 2,754 in DFW compared to

12,000 in 2006.

• According to the U.S. Census, Forney has an estimated population of 23,727, up 71.6% from the 2010 census.

• Forney has an estimated Median household income of $80,160.• The Forney EDC estimates that approximately 56% of the area’s

$370M retail demand leaks out to neighboring cities, indicating a strong demand for retail development.

THRIVING DFW MARKET

DEVELOPMENT SUPPORT AND INCENTIVES

• No personal income tax in Texas• No corporate income tax in Texas • Low corporate franchise tax

Page 6: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

WELLINGTON RIDGE ABOUT US

6

ABOUT US

• Valuations• Conceptual Land Use Planning• Zoning and Regulatory Approvals• Public Improvement District (PID)

Formation• Strategic Marketing Plans• Property Entitlement and Advocacy • Debt and Equity Placement• Property and Asset Management

• Investment Property Sales and Acquisitions

• Advisory and Consulting Services• Finance and Capital Markets• Real Estate Investments and

Management

Range is a full service commercial real estate brokerage, advisory, finance, and investment firm. Our clients include individual, institutional, and international investors, developers, family offices, and governmental entities. We represent clients seeking to acquire or sell real estate assets and assist in maximizing the return on those assets. To that end, we add value to investment real estate properties through procuring entitlement and regulatory approvals; enhancing property value through infrastructure expansion; facilitating public/private partnerships; and negotiating economic incentives from municipalities and other governmental entities.

OUR SERVICESAREAS OF PRACTICEWHAT WE DO

Page 7: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

CONTACT INFORMATION

WELLINGTON RIDGE CONTACT INFORMATION

7

CONTACT INFORMATION

7

Our industry experts are here to provide you with the answers you need. Please feel free to contact Range Realty Advisors so that we may further assist you with your real estate needs.

Office: 214-416-8222 Desk: 214-416-8225Cell: 214-683-7431 [email protected]

TOM STERQUELL Senior Vice President

Page 8: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

RANGE REALTY ADVISORS

3625 N. HALL STREET, SUITE 630 DALLAS, TX 75219

214-416-8222 RANGEREALTYADVISORS.COM

THIS INFORMATION IS FROM SOURCES BELIEVED TO BE RELIABLE, BUT RANGE REALTY ADVISORS, LLC HAS NOT VERIFIED THE ACCURACY OF THE INFORMATION. RANGE REALTY ADVISORS, LLC MAKES NO GUARANTEE, WARRANTY OR REPRESENTATION AS TO THE INFORMATION, AND ASSUMES NO RESPONSIBILITY FOR ANY ERROR, OMISSION OR INACCURACY. THE INFORMATION IS SUBJECT TO POSSIBILITY OF ERRORS, OMISSIONS, CHANGES OF CONDITION, INCLUDING PRICE, OR WITHDRAWAL WITHOUT NOTICE. ANY PROJECTIONS, ASSUMPTIONS OR ESTIMATES ARE FOR

ILLUSTRATIVE PURPOSES ONLY. RECIPIENTS SHOULD CONDUCT THEIR OWN INVESTIGATION.

Page 9: FORNEY, TEXAS WELLINGTON RIDGE - Range Realty Advisors | Texas Commercial Real Estate · 2019. 11. 12. · Treat all parties to a real estate transaction honestly and fairly. A LICENSE

9

11-2

-201

5

TYPE

S O

F RE

AL E

STAT

E LI

CEN

SE H

OLD

ERS:

A BR

OKE

R is

resp

onsi

ble

for a

ll br

oker

age

activ

ities

, inc

ludi

ng a

cts p

erfo

rmed

by

sale

s age

nts s

pons

ored

by

the

brok

er.

A

SALE

S AG

ENT

mus

t be

spon

sore

d by

a b

roke

r and

wor

ks w

ith c

lient

s on

beha

lf of

the

brok

er.

A BR

OKE

R’S

MIN

IMU

M D

UTI

ES R

EQU

IRED

BY

LAW

(A c

lient

is th

e pe

rson

or p

arty

that

the

brok

er re

pres

ents

):

Put t

he in

tere

sts o

f the

clie

nt a

bove

all

othe

rs, i

nclu

ding

the

brok

er’s

ow

n in

tere

sts;

In

form

the

clie

nt o

f any

mat

eria

l inf

orm

ation

abo

ut th

e pr

oper

ty o

r tra

nsac

tion

rece

ived

by

the

brok

er;

An

swer

the

clie

nt’s

que

stion

s and

pre

sent

any

offe

r to

or c

ount

er-o

ffer f

rom

the

clie

nt; a

nd

Trea

t all

parti

es to

a re

al e

stat

e tr

ansa

ction

hon

estly

and

fairl

y.

A LI

CEN

SE H

OLD

ER C

AN R

EPRE

SEN

T A

PART

Y IN

A R

EAL

ESTA

TE T

RAN

SACT

ION

:

AS A

GEN

T FO

R O

WN

ER (

SELL

ER/L

ANDL

ORD

): T

he b

roke

r be

com

es t

he p

rope

rty

owne

r's a

gent

thr

ough

an

agre

emen

t w

ith t

he

owne

r, us

ually

in a

writt

en li

sting

to

sell

or p

rope

rty

man

agem

ent

agre

emen

t. An

ow

ner's

age

nt m

ust

perf

orm

the

bro

ker’s

min

imum

du

ties

abov

e an

d m

ust i

nfor

m th

e ow

ner

of a

ny m

ater

ial i

nfor

mati

on a

bout

the

prop

erty

or

tran

sacti

on k

now

n by

the

agen

t, in

clud

ing

info

rmati

on d

isclo

sed

to th

e ag

ent o

r sub

agen

t by

the

buye

r or b

uyer

’s a

gent

.

AS A

GEN

T FO

R BU

YER/

TEN

ANT:

The

bro

ker b

ecom

es th

e bu

yer/

tena

nt's

agen

t by

agre

eing

to re

pres

ent t

he b

uyer

, usu

ally

thro

ugh

a w

ritten

repr

esen

tatio

n ag

reem

ent.

A bu

yer's

age

nt m

ust p

erfo

rm th

e br

oker

’s m

inim

um d

uties

abo

ve a

nd m

ust i

nfor

m th

e bu

yer o

f any

m

ater

ial i

nfor

mati

on a

bout

the

prop

erty

or t

rans

actio

n kn

own

by th

e ag

ent,

incl

udin

g in

form

ation

disc

lose

d to

the

agen

t by

the

selle

r or

selle

r’s a

gent

.

AS A

GEN

T FO

R BO

TH -

IN

TERM

EDIA

RY:

To

act

as a

n in

term

edia

ry b

etw

een

the

parti

es t

he b

roke

r m

ust

first

obt

ain

the

writt

en

agre

emen

t of

eac

h pa

rty

to t

he t

rans

actio

n. T

he w

ritten

agr

eem

ent

mus

t st

ate

who

will

pay

the

bro

ker

and,

in c

onsp

icuo

us b

old

or

unde

rline

d pr

int,

set f

orth

the

brok

er's

oblig

ation

s as a

n in

term

edia

ry. A

bro

ker w

ho a

cts a

s an

inte

rmed

iary

:

M

ust t

reat

all

parti

es to

the

tran

sacti

on im

parti

ally

and

fairl

y;

May

, with

the

par

ties'

writt

en c

onse

nt, a

ppoi

nt a

diff

eren

t lic

ense

hol

der

asso

ciat

ed w

ith t

he b

roke

r to

eac

h pa

rty

(ow

ner

and

buye

r) to

com

mun

icat

e w

ith, p

rovi

de o

pini

ons a

nd a

dvic

e to

, and

car

ry o

ut th

e in

stru

ction

s of e

ach

part

y to

the

tran

sacti

on.

M

ust n

ot, u

nles

s spe

cific

ally

aut

horiz

ed in

writi

ng to

do

so b

y th

e pa

rty,

disc

lose

: ᴑ

that

the

owne

r will

acc

ept a

pric

e le

ss th

an th

e w

ritten

ask

ing

pric

e;ᴑ

that

the

buye

r/te

nant

will

pay

a p

rice

grea

ter t

han

the

pric

e su

bmitt

ed in

a w

ritten

offe

r; a

ndᴑ

any

confi

denti

al i

nfor

mati

on o

r an

y ot

her

info

rmati

on t

hat

a pa

rty

spec

ifica

lly i

nstr

ucts

the

bro

ker

in w

riting

not

to

disc

lose

, unl

ess r

equi

red

to d

o so

by

law

.

AS S

UBA

GEN

T: A

lice

nse

hold

er a

cts

as a

sub

agen

t whe

n ai

ding

a b

uyer

in a

tran

sacti

on w

ithou

t an

agre

emen

t to

repr

esen

t the

bu

yer.

A su

bage

nt c

an a

ssist

the

buye

r but

doe

s not

repr

esen

t the

buy

er a

nd m

ust p

lace

the

inte

rest

s of t

he o

wne

r firs

t.

TO A

VOID

DIS

PUTE

S, A

LL A

GRE

EMEN

TS B

ETW

EEN

YO

U A

ND

A BR

OKE

R SH

OU

LD B

E IN

WRI

TIN

G AN

D CL

EARL

Y ES

TABL

ISH:

The

brok

er’s

duti

es a

nd re

spon

sibili

ties t

o yo

u, a

nd y

our o

blig

ation

s und

er th

e re

pres

enta

tion

agre

emen

t.

Who

will

pay

the

brok

er fo

r ser

vice

s pro

vide

d to

you

, whe

n pa

ymen

t will

be

mad

e an

d ho

w th

e pa

ymen

t will

be

calc

ulat

ed.

LICE

NSE

HO

LDER

CO

NTA

CT IN

FORM

ATIO

N: T

his n

otice

is b

eing

pro

vide

d fo

r inf

orm

ation

pur

pose

s. It

doe

s not

cre

ate

an o

blig

ation

for

you

to u

se th

e br

oker

’s se

rvic

es. P

leas

e ac

know

ledg

e re

ceip

t of t

his n

otice

bel

ow a

nd re

tain

a c

opy

for y

our r

ecor

ds.

Info

rmat

ion

Abou

t Bro

kera

ge S

ervi

ces

Texa

s law

requ

ires a

ll re

al e

stat

e lic

ense

hol

ders

to g

ive

the

follo

win

g in

form

ation

abo

ut

brok

erag

e se

rvice

s to

pros

pecti

ve b

uyer

s, te

nant

s, se

llers

and

land

lord

s.

.

Desig

nate

d Br

oker

of F

irm

Lice

nse

No.

Em

ail

Phon

e

Lice

nsed

Sup

ervi

sor o

f Sal

es A

gent

/As

soci

ate

Li

cens

e N

o.

Emai

l Ph

one

Lice

nsed

Bro

ker /

Brok

er F

irm N

ame

or

Prim

ary

Assu

med

Bus

ines

s Nam

e

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nse

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ail

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e

Regu

late

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the

Texa

s Rea

l Est

ate

Com

miss

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orm

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ava

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e at

ww

w.tr

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ov

I

ABS

1-0

Dat

e Bu

yer/T

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ler/L

andl

ord

Initi

als

Sale

s Age

nt/A

ssoc

iate

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ame

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nse

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ail

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e

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214-

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0558

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Thom

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214-

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Thom

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214-

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