southlake villas development · 251 e southlake blvd ∙ suite 100 ∙ southlake, tx 76092 ∙...
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251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 1
Southlake Villas Development
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 2
DEVELOPMENT SUMMARY
• 5979 SF shell building for sale – Price $1,769,784
• Medical/Office/Retail Development –
Medical/Professional Office Campus consists of four
5,979 SF buildings
• Campus environment on 2.88+ acres of land, tenant mix
includes optometrist, hand surgeon, fertility doctor and
professional office users
• 5979 SF of shell space available for lease/sale
• High finish-out allowances available for medical/credit
tenants
• Great Visibility – Frontage on Hwy 1709 (Southlake Blvd)
which is a busy East/West thoroughfare in the
Southlake/Keller market and has over 47,000+CPD
• Great Accessibility with access off Hwy 1709, close to
Hwy 114 and 5 minutes from DFW airport
• Strategically located close to Southlake Town Square -
over 95 stores, 27 eateries, three parks, medical offices,
Harkins Theater, and Hilton luxury boutique hotel
• Positioned to draw from the fast growing cities of
Southlake, Grapevine, Westlake, Keller and more
• Strong demographics – Median Household incomes
exceeding $162,000
Development Summary
Southlake Villas
530 E. Southlake Blvd
Southlake, TX 76092
DEVELOPMENT HIGHLIGHTS
Use: Medical, Professional Office
Lease Space: 5,979 SF
Building Size: 5,979 SF
Sale Price: $1,769,784
Tenant Improvement Negotiable – high allowance
Allowance: provided for medical/credit tenants
Signage: Monument Sign – Hwy 1709,
building sign band
Lease Structure: Triple Net($6.50/SF first year)
Frontage Hwy 1709 (Southlake Blvd) – Newly
improved 6 lane, center divided
arterial street
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 3
Property Description:
Southlake Villas is a multi-tenant medical and professional office development located in the heart of Southlake, TX. The
development is on 2.88+/- acres located on the Hwy 1709 (Southlake Blvd) just West of the intersection of Byron Nelson Pkwy
and Southlake Blvd. Southlake Blvd is a significant East/West thoroughfare in the Southlake/Grapevine/Keller corridor with traffic
counts exceeding 47,000+ cars per day. The site has tremendous frontage and visibility on Hwy 1709 (Southlake Blvd) with a
high elevation. The construction consists of class A single story medical/office building with masonry, stucco and stone façade
per the included elevations. Given the strong market statistics including residential demographics, retail developments in the
area this property presents an opportunity for medical groups to capture the surrounding high growth Southlake/Westlake/Keller
area.
Area Highlights:
The subject property is strategically located in the heard of Southlake, TX and surrounded by residential, retail and medical
developments. The city of Southlake is supported by strong demographics with the median household value over $450,000,
average household income is over $140,000, and over 60% of the residents have a bachelors degree or higher. In addition this
property is close to the cities of Keller, Westlake, Grapevine and Colleyville (all with great demographics). Southlake Town Square
with over 95 stores, 27 eateries, three parks, medical offices, Harkins Theater, and Hilton luxury boutique hotel is located ½ mile
to the East on Southlake Blvd.
Development Summary
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 4
Aerial
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 5
Bird’s Eye View
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 6
Bird’s Eye View
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 7
Property Photos
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 8
Aerial Map
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 9
Site Plan
Bldg 530,
5979 SF for
sale/lease
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 10
Demographics - Summary
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 11
Demographics
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 12
Demographics
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 13
Demographics
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 14
Demographics
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 15
Demographics
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 16
Demographic Market Comparison
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 17
Demographic Market Comparison
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 18
Demographic Trend Report
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 19
Demographic Trend Report
251 E Southlake Blvd ∙ Suite 100 ∙ Southlake, TX 76092 ∙ Phone 817-337-3433 ∙ Fax 817-337-6466
Visit our website at www.castledevgroup.com 20
Traffic Count Report