15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and...

8
10.7 acre frontage on SH 121 and Coit Road Land purchase opportunity Plano, Texas Subject Property | 10.7 AC

Transcript of 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and...

Page 1: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

15 acre

Plano, T

10.7 acre frontage on SH 121 and Coit Road Land purchase opportunity Plano, Texas

Subject Property | 10.7 AC

Page 2: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

The opportun

You are invited to rev

most affluent cities i

of frontage on the south

single family homes,

public schools withi

of the largest concentratio

attractive demographi

thoroughfares in the

development, retail

*West side zoning is

The opportunity

You are invited to review a unique opportunity at Coit Road and Highway 121 in Plano, just two miles east of Frisco Texas. Located in one of the

most affluent cities in the rapidly growing Dallas suburb, this site is ideal for retail, medical or office. This fifteen acre parcel, with 1,250 linear feet

of frontage on the south side of Highway 121, has property depths varying from 375 feet to 650 feet. The property is surrounded by beautiful new

single family homes, several significant medical developments, a Kroger Signature grocery store, Starbucks, four new bank branches and nine

public schools within a two mile radius. Less than three miles to the west is the intersection of the Dallas North Tollway and Highway 121 with one

of the largest concentrations of retail and office space in North Texas. The location also offers a mature neighborhood with some of the most

attractive demographics in North Texas, incredible job concentration, a growing medical base and access to some of the most traveled

thoroughfares in the Metroplex. With major highways north-south and east-west, the property is well-positioned and zoned* for a destination retail

development, retail pads, a medical uses or an office development.

West side zoning is Regional Commercial (RC) and to the east the zoning is Regional Employment (RE).

Page 3: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

Area Overview

Plano Plano’s populatithe ninth largest miles lie within miles in Dent

According to a 2008 of more than best place to Reuters article (6/30/08to the city. Measearnings, cost industry, educatiopost secondary poverty level just for big businesentrepreneurs businesses, shaped

The acclaimed Pla2010 the Texas According to a 250,000 or larger

Plano Demograp

Population (20

Households

Household pr

Median hom

Average hou

Consumer spe

Spending pr

Area Conn

McKinney Regi

Downtown D

Dallas Lov

DFW

Downtown Fort Wor

Area Overview

Plano Plano’s population is an estimated 260,000 residents and is the ninth largest city in Texas. Most of the city’s 72 square miles lie within the boundaries of Collin County with 3 square miles in Denton County.

According to a 2008 survey of 69 U.S. cities with populations of more than 250,000 by Salary.com, Plano ranks #1 as the best place to build personal wealth and raise a family. A Reuters article (6/30/08) cited the attraction of large business to the city. Measurements considered in the survey included earnings, cost of living and unemployment rates, diversity of industry, education level of the cities' population, nearness to post secondary institutions, percent of population below poverty level and median travel time to work. Plano is not just for big businesses. An impressive number of visionary entrepreneurs have launched their own successful businesses, shaped new technologies and created new jobs. Twenty Plano businesses made the Inc. 5000 list in 2012.

The acclaimed Plano Independent School District (PISD) has been long been a source of pride within the community. In August 2010 the Texas Education Agency rated PISD as Exemplary on all 25 academic indicators. Plano’s legacy of literacy goes further. According to a 2009 study by Central Connecticut. State University of America’s most literate cities, Plano ranked #2 among cities 250,000 or larger in level of education. A great place to live, Plano recently ranked as the safest city in the United States with a

population more than 250,000, according to a study by Forbes magazine.

Plano Demographics

One-mile Three-mile Five-mile

Population (2012) 2,308 80,950 240,244

Households 1,400 32,166 91,210

Household projection 2017 1,623 35,887 100,703

Median home value $465,082 $274,799 $249,919

Average household income $104,011 $114,133 $118,322

Consumer spending $74,931 $1,872,562 $5,485,049

Spending projected 2017 $85,119 $2,123,216 $6,213,139

Top businesses located in Plano

Frito-Lay Texas Instruments

JCPenney EDS

Ratheon Dr. Pepper Snapple

Countrywide Mortgage Texas Health Presby

Alcatel-Lucent Cinemark

Perot Systems Intuit

Flextronics Mcafee

Pepsico Crossmark

St. Jude Medical Baylor Regional

Children’s Medical Rent-a-Center

Capital One Finance Cigna

Pizza Hut & Yum! Encana Oil & Gas

CA Technologies Ericsson

Area Connection

McKinney Regional Airport 16 minutes

Downtown Dallas 32 minutes

Dallas Love Field 28 minutes

DFW International Airport 27 minutes

Downtown Fort Worth 51 minutes

Page 4: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

Independence PaIndependence Pa

Page 5: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

Taylor Elementary SchoolTaylor Elementary School

Ridgeview DriveRidgeview Drive

Subject

Taylor Elementary SchoolTaylor Elementary School

Subject

Page 6: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

Dr. Pepper/Seven-UpHome to the FrDouble-A baseball tea

Immediate area hig

Frisco

Frisco is located in population estimate 2009, and also the growing suburb in its list of "America's

Frisco ISD is at the district grows in sizexcellence and its learning opportunitiand campus Accountabwere well above schools earning diindices. More than take one or more exams, and approximategraduating seniors education.

Frisco is home to shockey league, a Mi

IKEA ready-to-assemappliances, and homAs of January 2008, ththe world's largest fur

Dr. Pepper/Seven-Up Ballpark Home to the Frisco Rough Riders Double-A baseball team

Immediate area highlights

Frisco

Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013, the city had a population estimate of 134,800, up from 116,989, in the previous census (2010). Frisco was the fastest-growing city in the United States in 2009, and also the fastest-growing city in the nation from 2000 to 2009. Recently a Forbes study named Frisco as the seventh-fastest growing suburb in the United States, in 2007 CNN listed Frisco as one of the "Best Places to Live" in the nation, and Forbes ranked it 7th in its list of "America's 25 Best Places To Move".

Frisco ISD is at the top of the fastest growing school districts in the state and nation growing by 10-30 percent annually. As the school district grows in size, so does its commitment to excellence and its focus on providing the best learning opportunities for students. District and campus Accountability Rating scores were well above state targets, with many schools earning distinction in one or more indices. More than 75 percent of FISD seniors take one or more of the college entrance exams, and approximately 90 percent of our graduating seniors plan to continue their education.

Frisco is home to several sporting venues, a NCAA Division I conference, an NHL hockey team, a Major League Soccer team, a minor hockey league, a Minor League Baseball team, and most recently added an NBA D-league team. In 2016, Frisco will be the official home of

28 minutes north of downtown Dallas

22 minutes from DFW and Love Airports

8 million square feet of retail

Over 150 outdoor sculptures

4 professional sports teams

Award-winning hotels

WELCOME TO

FRISCO

IKEA ready-to-assemble furniture, appliances, and home accessories. As of January 2008, the company is the world's largest furniture retailer.

Page 7: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

Dallas overview

The DFW Metrople

life, strong regio

pro-business mind

to the thriving DFW

other 49 states c

infrastructure, DFW

travel and air cargo

Airport; Dallas Lov

the world’s first fully

As reported by

the top three U.S

employment growth.

*DFW Facts—Dallas Re

Dallas overview

The DFW Metroplex is an innovation hub with resources that make it an ideal business climate. The region’s attractive quality of

life, strong regional and state economy, low cost of living, young and skilled labor force,

pro-business mind-set and absence of corporate and personal income taxes all contribute

to the thriving DFW location. Over the past five years, Texas added more jobs than the

other 49 states combined. Due to its central location and world-class transportation

infrastructure, DFW is a major international gateway. The region excels in passenger air

travel and air cargo operations with the nation’s third busiest airport, DFW International

Airport; Dallas Love Field Airport, home to the largest domestic airline in the country; and

the world’s first fully industrial airport, Fort Worth Alliance Airport.

As reported by the Dallas Economic Development department, the region ranks among

the top three U.S. metropolitan areas for business expansions, relocations and

employment growth. DFW’s highly educated workforce of almost three million people is

growing quickly, providing companies with an over

abundance of talent. The population growth has

fueled real estate development, as retailers and

service providers expand to meet increasing demand. While Dallas and Fort Worth serve

as the biggest population centers, four other suburbs—Irving, Garland, Plano, and

Arlington—exceed 200,000, offering residents an abundance of choice as they search for

the community that best fits their needs.

In the DFW Area 1,200,000 residents were added from 2000 to 2010More than 10,500,000 will live in the DFW Area by 2040*

*DFW Facts—Dallas Regional Chamber

Page 8: 15 acre 10.7 acre frontage on SH 121 and Coit Road - JLL · Frisco is located in both Collin and Denton counties, and is a rapidly growing suburb of Dallas. As of September 1, 2013,

For more de

Michael HagVice Presiden214.438.6221michael.hagg

2013 Jones Lang Lshould not be constnotice. Although inracy of the informa

For more detailed information, please contact:

Michael Haggar Michael Swaldi, AIA, SIOR Vice President Executive Vice President 214.438.6221 214.438.6219 [email protected] [email protected]

2013 Jones Lang LaSalle, Inc. All rights reserved. This memorandum was created only for the purpose of providing information about the subject property and should not be construed as a binding offer to sell the property. The Offering Memorandum and the sale offering may be amended or withdrawn at any time without notice. Although information has been obtained from sources deemed reliable, the Owner’s representatives, brokers or agents make no guarantees as to the accu-racy of the information contained herein, and offer the property without expressed or implied warranties of any kind.

FRISCO