22
8,050 SF MEDICAL / GENERAL OFFICE USER / INVESTMENT OPPORTUNITY 1220 REBA MCENTIRE LN 1220 REBA MCENTIRE LANE DENISON, TEXAS
8,050 SF MEDICA L / GEN ER A L OFFICE
USER / IN V ESTMEN T OPPORT U NIT Y1220 REBA MCENTIRE LN12 20 R EBA MCEN T I R E L A N E
DEN ISON, T E X A S
E XCLUSI V E L IST I NG BROK ER S
5950 Berkshire Lane, Suite 700 Dallas, Texas 75225
T 214.545.6900 edge-cm.com
CONFIDE NTIAL OFFE RING ME MOR ANDUM
1220 REBA MCENTIRE LN12 20 R EBA MCEN T I R E L A N E
DEN ISON, T E X A S
BILL PYLEVice President
MART MARTINDALEPrincipal
EDGE RE ALT Y CAPITAL MARKETS 1220 Reba McEnt i re Ln / 3
TABLE OF CONTENTS
EXECUTIVE SUMMARY 5
THE PROPERTY 6
DETA I LS 7
A ER I A L 8
THE FINANCIALS 9
S A L E S COM PA R A BL E S 10
THE MARKET 11
M A R K ET OV ERV I E W - T E X A S 12
M A R K ET OV ERV I E W - DA L L A S -FORT WORT H M ET ROPL E X , T E X A S 13
DISCLAIMER 2 0
OV ERV I E W + Value-add investment opportunity
+ Prime location in medical hub of Denison including rehabilitation centers, senior living communities and medical office buildings
+ Located near US-75 (55,000 VPD)
+ Low market vacancy rates of 5.8%
+ Turnkey user opportunity
PROPERT Y 1220 REBA MCENTIRE LNGL A 8,050 SF
PR ICE $869,900
LOCAT ION 1220 REBA MCENTIRE L ANE / DENISON, TEX AS 75020 PR ICE PSF $108.06
EDGE RE ALT Y CAPITAL MARKETS 1220 Reba McEnt i re Ln / 5
EXECUTIVE SUMMARY
IN V E ST M EN T OV ERV IEW
1220 Reba McEntire Lane (“Property”) is a 8,050 SF medical/general office building located in Denison, Texas. The Property is currently vacant but was previously occupied by a national Dialysis clinic since its construction in 1999. The building is located in a medical district of north-central Denison and is surrounded by medical, multi-family, and residential developments.
PR IM E LOCATION
Near the border of Texas and Oklahoma, the Property sits on 1 acre on Reba McEntire Lane, which offers convenient access to both US-75 and US-69. These are major thoroughfares through Denison as they connect Texas and Oklahoma. Within 1.5 hour drive of Dallas Fort Worth International Airport, Denison is located 72 miles from Love Field in Dallas and 82 miles from DFW International Airport. The North Texas Regional Airport-Perrin Field is located 8 miles from the city. The Property itself is located in the medical hub of Denison and is characterized by various medical office buildings and complimentary medical assets including Reba McEntire Center for Rehabilitation, The Terrace at Denison, and various senior living communities.
PROM ISING IN V E STOR M A R K ET
Denison is located on US Highway 75, which is considered one of the nation’s premier North/South trucking routes connecting Texas to the markets of the Midwest. Denison, population 23,654, a primary city in the Sherman-Denison MSA which has a population of 131,140. Denison’s primary retail trade area population is 224,212 including Texas and Oklahoma. The labor market within a 30-minute drive time is 1,141,956.
The medical sector in Denison is growing at a rapid pace and has been attracting major companies to the city, such as CIGNA. The incentives and level of support provided by the Denison Development Alliance was instrumental in CIGNA’s decision to consolidate multiple area operational facilities into one state of the art Service Center in the summer of 2007. With a workforce of 800+ in the Denison Service Center, providing call and claim service to 1.5 million medical customers and 3.4 million dental customers, staffing stability and minimal employee turn-over is critical.
10 MILES AWAY FROM THE NORTH TEX AS REGIONAL AIRPORT
HOME TO GR AYSON COUNT Y COLLEGE (5 , 284 STUDENTS)
5 MILES NORTH OF DALL AS & 4 MILES SOUTH OF THE TEX AS/OKL AHOMA BORDER
L AKE TEXOMA DR AWS OVER 7 MILLION VIS ITORS ANNUALLY
GL A 8,050 SF
PR ICE $869,900
PR ICE PSF $108.06
THE PROPERTY
DETA I LS /
A ER I A LS /
SI T E PL A N /
1220 Reba McEnt i re Ln / 7EDGE RE ALT Y CAPITAL MARKETS
DETAILS
DEMOGR A PH IC SNA PSHOT
1 M I L E 3 M I L E 5 M I L E
TOTAL POPUL ATION 5,218 22,784 28,047
POPUL ATION GROW TH 2010 -2023 1.6% 1.6% 1.6%
AVER AGE HOUSEHOLD INCOME $61,485 $62,485 $67,100
A DDR E S S 1220 REBA MCENTIRE L ANE , DENISON, T X 75020
L A N D A R E A ± 1 AC
GL A 8,050 SF
Y E A R BU I LT 1999
OCCU PA NC Y VACANT
PA R K I NG32 SPACES INCLUDING 1 HANDICAP3.98 PER 1 ,000 SF
ZON I NG F1
TA X AU T HOR I T Y / I D GR AYSON COUNT Y / D - 003-3367- 001
TA X VA LU E / R AT E $25,626 / 2 .77%
BU I L DI NG E X T ER IOR BRICK AND STUCCO EX TERIOR
ROOF PITCHED WITH SHINGLES
H VAC ROOF MOUNTED
SI T E L IGH T I NG PARKING LOT AND BUILDING MOUNTED LIGHTS
PA R K I NG LOT GOOD CONDITION, ASPHALT
1220 Reba McEnt i re Ln / 8
AERIAL
EDGE RE ALT Y CAPITAL MARKETSDESOTO
DUNCANVILLE
FORT WORTH
GRAPEVINE
CARROLLTON
FRISCO
DENTONMCKINNEY
WEATHERFORD
MINERAL WELLS
DALLASMESQUITE
DFW AIRPORTDALLAS LOVE
FIELD AIRPORT
PROSPER
THE COLONY
COPPELL
FLOWERMOUND
LEWISVILLE
ALLEN
PLANO
KELLER
NORTHRICHLAND
HILLSLAKE WORTH
AZLE
BURLESON
MANSFIELD
MIDLOTHIAN
CEDAR HILLKAUFMAN
TERRELL
RICHARDSON
GRANBURY
IRVING
ARLINGTON
SHERMAN
DENISON
MELISSA
ANNA
WHITEWRIGHT
GAINESVILLE
WHITESBORO
VALLEY VIEW
SANGER
THACKERVILLE
MUENSTERMONTAGUE
NOCONAPOTTSBORO
BONHAM
DECATUR
ALVORD
30
35E20
820
35W
635
75
175
121
161
360
114
12
35
35E
380
287
ROCKWALLGARLAND
ROWLETT
WYLIE
20
635
20
205
28767
67
80
FARMERSVILLE
69
82
75
289
8282
35W
380
287
121
69
1220 REBA MCENTIRE LN
1220 Reba McEnt i re Ln / 9EDGE RE ALT Y CAPITAL MARKETS
AERIAL
S A L E S COM PA R A BL E S /
THE FINANCIALS
1220 Reba McEnt i re Ln / 11EDGE RE ALT Y CAPITAL MARKETS
SALES COMPARABLES
PROPERTY ADDRESS CITY, STYEARBUILT
BUILDINGSIZE
OCCUPANCYAT SALE
PRICE PSFDATE OFSALE
1 500 E Peyton St 500 E Peyton St Sherman, TX 1996 10,500 0.0% $776,000 $73.90 4/28/2016
2 800 W Dallas Ave 800 W Dallas Ave McAllen, TX 2000 4,698 0.0% $449,000 $95.57 Under Contract
3 5124 North St 5124 North St Nacogdoches, TX 2002 4,200 0.0% $550,000 $130.95 8/2/2017
4 5212 Village Creek Pky 5212 Village Creek Pky Plano, TX 2000 7,230 0.0% $1,450,000 $200.55 2/20/2017
AVERAGES 6,657 0.0% $806,250 $125.24
*Comp 1 : Located aprox. 8 miles from the subject property*Comp 2 : Single tenant doctors' office. One of six buildings on the property. Located on the corner of W Dallas and S 8th St *Comp 3 : Single tenant doctors' office*Comp 4 : Single tenant office building
M A R K ET OV ERV I E W /
DEMOGR A PH ICS /
THE MARKET
1220 Reba McEnt i re Ln / 13EDGE RE ALT Y CAPITAL MARKETS
MARKET OVERVIEW - TEX AS
POPUL ATION
26,956,958
FASTEST GROWINGECONOMYIN THE U.S.
DALLAS# 3 FA ST E ST GROW I NG CI T Y 2 015
#1 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y
FORT WORTH# 8 FA ST E ST GROW I NG CI T Y 2 015
HOUSTON #1 FA ST E ST GROW I NG CI T Y 2 015
# 7 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y
AUSTIN # 2 FA ST E ST GROW I NG CI T Y 2 015
#12 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y
SAN ANTONIO#10 FA ST E ST GROW I NG CI T Y 2 015
#15 TOP 2 0 BUSI N E S S -F R I E N DLY CI T Y2nd
TOP STATE FOR JOB GROW TH457,000 JOBS CREATED IN 2014
L A RGE ST CI V I L I A NL A BOR WOR K FORCE:
13+ MILLION WORKERS
54L A RGE ST M EDICA L CEN T ER Texas Medical Center, Houston 2N D L A RGE ST CA NCER CEN T ER MD Anderson, Houston
OVER 3,000 COMPANIES HAVE LOCATED OR EXPANDED FACILITIES IN TEXAS SINCE 2009
BEST STATE FOR BUSINESSFOR THE 10TH YEAR IN A ROW BYCHIEF EXECUTIVE MAGAZINE
AWA R DED 2 014 GOV ER NOR’S CU P FOR THE MOST NEW & EXPANDED CORPORATE FACILITIES: 689
NO STATE INCOME TAX
2nd
FORT U N E 50 0 COM PA N IE SCA L L T EX A S HOM E
1220 Reba McEnt i re Ln / 14EDGE RE ALT Y CAPITAL MARKETS
MARKET OVERVIEW - DALLAS-FORT WORTH METROPLEX, TEX AS
ECONOMIC & CU LT U R A L
HUB OF NORTH TEXAS
LARGESTMETROPOLITAN AREA IN THE U.S.
LARGESTMETROPOLITAN AREA IN TEXAS
FASTEST R ATE OF JOB GROW THOF A N Y U. S . M ET ROPOL I TA N A R E A3.7% GROWTH OVER THE PAST YEAR
4th
#3 / DA LL AS#5 / FORT WORTH
FASTEST- GROWINGCITIES IN THE U.S.
1,200,000N E W R E SI DE N TS A DDE DOV E R T H E L A ST DEC A DE
DEMOGR A PHICS
POPULATION 6,993,185
TOTAL HOUSEHOLDS 2,552,859
AVERAGE HOUSEHOLD INCOME $81,226
MEDIAN AGE 33.7
BACHELOR DEGREE + 34.20%
TOTAL EMPLOYEES 3,375,900
L A RGE ST EM PLOY ER S
WAL-MART STORES INC. 52,700 Employees
AMERICAN AIRLINES GROUP INC. 23,700 Employees
BAYLOR HEALTH CARE SYSTEM 22,000 Employees
DALLAS INDEPENDENT SCHOOL DISTRICT 20,793 Employees
TEXAS HEALTH RESOURCES 16,205 Employees
BANK OF AMERICA 15,400 Employees
CITY OF DALLAS 13,000 Employees
JPMORGAN CHASE BANK N.A. 13,000 Employees
TEXAS INSTRUMENTS INC. 13,000 Employees
LOCKHEED MARTIN AERONAUTICS CO. 12,600 Employees
CENTRALLY LOCATED W IT H I N A FOU R HOU R F LIGH T F ROMA N Y M A JOR U.S. CIT Y
21 FORT U N E 50 0 COMPA NIES BA SED I N DA L L A S -FORT WORT H
1220 Reba McEnt i re Ln / 15EDGE RE ALT Y CAPITAL MARKETS
MARKET OVERVIEW - DALLAS-FORT WORTH METROPLEX, TEX AS
BILLY BOB’S TEX A SLARGEST HONKY TONK IN THE WORLD
STATE FA IR OF TEX A SLARGEST STATE FAIR IN THE U.S.
DA LL A S A RTS DISTR ICTLARGEST URBAN ARTS DISTRICT IN THE U.S.
M A JOR U N I V ER SITIE S
UNIVERSITY OF NORTH TEXAS 36,216 Students
THE UNIVERSITY OF TEXAS AT ARLINGTON 34,899 Students
THE UNIVERSITY OF TEXAS AT DALLAS 23,095 Students
TEXAS WOMEN'S UNIVERSITY 15,075 Students
SOUTHERN METHODIST UNIVERSITY 12,321 Students
TEXAS A&M UNIVERSITY - COMMERCE 11,272 Students
TEXAS CHRISTIAN UNIVERSITY 10,033 Students
DALLAS BAPTIST UNIVERSITY 5,445 Students
TEXAS WESLEYAN UNIVERSITY 2,606 Students
UNIVERSITY OF DALLAS 2,545 Students
UNIVERSITY OF NORTH TEXAS - DALLAS 2,575 Students
UT SOUTHWESTERN MEDICAL CENTER 1,844 Students
95.8%
DALLAS/FORT WORTH INTERNATIONAL AIRPORT: 3RD BUSIEST AIRPORT IN THE WORLD
DALLAS LOVE FIELD AIRPORT: CORPORATE HEADQUARTERS OF SOUTHWEST AIRLINES
44,100,000A N N UA L V I SI TOR S
HOME SALE PRICES UP FROM 2014 (2x NATIONAL RATE)
8.6%
LOWEST COST OF LIVINGOF T EN L A RGEST U.S.M ET ROPOLITA N A R E A S
1220 Reba McEnt i re Ln / 16EDGE RE ALT Y CAPITAL MARKETS
MARKET OVERVIEW - DALLAS-FORT WORTH METROPLEX, TEX AS
$120,943,919,400GROS S A N N UA L R ETA IL SA L E S
3,977,827 SF U N DER CONST RUCT ION
1,601,852 SF N ET A BSOR P T ION
900,310 SF COM PL ET IONS
92.5% OCCUPA NCYR ATE
$1.06 PSFAV ER AGE R EN TA L R AT E S
R ETA IL M A R K ET M U LTI-FA M ILY M A R K ET
16,581 UNITS U N DER CONST RUCT ION
5,765 UNIT N ET A BSOR P T ION
2,479 UNIT COM PL ET IONS
92.7% OCCUPA NCYR ATE
1220 Reba McEnt i re Ln / 17EDGE RE ALT Y CAPITAL MARKETS
DEMOGRAPHICS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
POPUL ATION
E ST I M AT E D POP U L AT ION (2 017) 5,218 22,784 28,047
A DJ UST E D DAY T I M E DE MOGR A P H IC S AGE 16 OR OV E R (2 017) 3,383 15,870 21,049
E ST I M AT E D HOUS E HOL DS (2 017) 2,010 9,034 11,153
P ROJ ECT E D A N N UA L GROW T H 2 010 TO 2 0 2 2 1.6% 1.6% 1.6%
P ROJ ECT E D POP U L AT ION (2 0 2 2) 5,887 25,636 31,423
P ROJ ECT E D HOUS E HOL DS (2 0 2 2) 2,161 9,634 11,846
TOTA L E M P LOY E E S (2 017) 1,644 7,850 11,208
TOTA L DAY T I M E AT HOM E POP U L AT ION (2 017) 1,739 8,020 9,841
TOTA L E M P LOY E E S (% OF DAY T I M E POP U L AT ION 2 017) 48.6% 49.5% 53.2%
DAY T I M E AT HOM E (% OF DAY T I M E POP U L AT ION 2 017) 51.4% 50.5% 46.8%
BUSINESS DEMOGR APHICS
TOTA L BUSI N E S S E S 144 887 1,142
COM PA N Y H E A DQUA RT E R BUSI N E S S E S - - 1
TOTAL AGE DISTRIBUTION
% POP U L AT ION AGE 0 - 9 14.4% 12.6% 12.2%
# POP U L AT ION AGE 0 - 9 752 2,880 3,435
AGE U N DE R 5 Y E A R S 390 1,455 1,730
AGE 5 TO 9 Y E A R S 362 1,426 1,705
AGE 10 TO 14 Y E A R S 344 1,462 1,793
AGE 15 TO 19 Y E A R S 283 1,356 1,682
AGE 2 0 TO 2 4 Y E A R S 304 1,224 1,472
AGE 2 5 TO 2 9 Y E A R S 378 1,537 1,821
AGE 3 0 TO 3 4 Y E A R S 348 1,398 1,665
AGE 35 TO 3 9 Y E A R S 306 1,277 1,539
AGE 4 0 TO 4 4 Y E A R S 236 1,124 1,397
AGE 4 5 TO 4 9 Y E A R S 276 1,341 1,687
AGE 5 0 TO 5 4 Y E A R S 322 1,482 1,872
AGE 55 TO 5 9 Y E A R S 380 1,666 2,093
1220 Reba McEnt i re Ln / 18
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
TOTAL AGE DISTRIBUTION
AGE 6 0 TO 6 4 Y E A R S 310 1,491 1,907
AGE 6 5 TO 6 9 Y E A R S 275 1,340 1,720
AGE 70 TO 74 Y E A R S 212 1,144 1,456
AGE 75 TO 7 9 Y E A R S 173 834 1,047
AGE 8 0 TO 8 4 Y E A R S 129 609 738
AGE 8 5 Y E A R S OR OV E R 191 618 724
M E DI A N AGE 37.5 40.4 41.3
R ACE & ETHNICIT Y
% W H I T E 71.9% 80.9% 82.2%
% BL ACK OR A F R IC A N A M E R IC A N 17.8% 9.5% 8.3%
% A M E R IC A N I N DI A N OR A L A S K A NAT I V E 1.4% 1.7% 1.8%
% A SI A N 0.9% 1.0% 1.1%
% H AWA I I A N OR PACI F IC I S L A N DE R 0.1% 0.1% 0.1%
% H I S PA N IC POP U L AT ION 10.5% 10.3% 9.6%
% NOT H I S PA N IC POP U L AT ION 89.5% 89.7% 90.4%
HOUSEHOLD INCOME
E ST I M AT E D M E DI A N HOUS E HOL D I NCOM E $46,482 $49,179 $52,414
E ST I M AT E D AV E R AGE HOUS E HOL D I NCOM E $61,485 $62,650 $67,100
E ST I M AT E D P E R C A PI TA I NCOM E $23,957 $24,939 $26,767
HOUSEHOLD INCOME DISTRIBUTION
% H H I NCOM E U N DE R $10 ,0 0 0 4.8% 7.2% 6.9%
% H H I NCOM E $10 ,0 0 0 TO $14 , 9 9 9 7.6% 6.2% 5.8%
% H H I NCOM E $15,0 0 0 TO $ 2 4 , 9 9 9 14.7% 13.2% 12.7%
% H H I NCOM E $ 2 5,0 0 0 TO $ 3 4 , 9 9 9 15.6% 12.8% 11.8%
% H H I NCOM E $ 35,0 0 0 TO $ 4 9, 9 9 9 11.1% 12.2% 12.3%
% H H I NCOM E $ 5 0 ,0 0 0 TO $74 , 9 9 9 17.6% 19.2% 18.6%
% H H I NCOM E $75,0 0 0 TO $ 9 9, 9 9 9 14.5% 14.0% 13.9%
% H H I NCOM E $10 0 ,0 0 0 TO $12 4 , 9 9 9 7.9% 5.7% 6.3%
% H H I NCOM E $12 5,0 0 0 TO $14 9, 9 9 9 2.7% 3.1% 3.9%
% H H I NCOM E $15 0 ,0 0 0 TO $19 9, 9 9 9 3.0% 3.9% 4.6%
% H H I NCOM E $ 2 0 0 ,0 0 0 OR MOR E 0.6% 2.5% 3.1%
1220 Reba McEnt i re Ln / 19
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
EDUCATIONAL ATTAINMENT
A DU LT POP U L AT ION AGE 2 5 Y E A R S OR OV E R 3,535 15,861 19,665
% E L E M E N TA RY (GR A DE L E V E L 0 TO 8) 5.4% 4.8% 4.3%
% SOM E H IGH SCHOOL (GR A DE L E V E L 9 TO 11) 8.3% 8.3% 7.6%
% H IGH SCHOOL GR A DUAT E 35.8% 34.4% 33.7%
% SOM E COL L EGE 27.0% 26.4% 26.7%
% A S SOCI AT E DEGR E E ON LY 9.2% 9.7% 9.7%
% BACH E LOR DEGR E E ON LY 10.2% 10.7% 11.8%
% GR A DUAT E DEGR E E 4.0% 5.9% 6.3%
HOUSING UNITS
TOTA L HOUSI NG U N I TS 2,010 9,034 11,153
% HOUSI NG U N I TS OW N E R- OCC U PI E D 50.7% 66.2% 68.3%
% HOUSI NG U N I TS R E N T E R- OCC U PI E D 49.3% 33.8% 31.7%
2010 CENSUS DEMOGR APHICS
CE NSUS POP U L AT ION (2 010) 4,874 21,209 26,103
CE NSUS POP U L AT ION I N HOUS E HOL DS (2 010) 4,613 20,838 25,695
% FA M I LY HOUS E HOL DS (2 010) 63.6% 65.8% 66.6%
% NON-FA M I LY HOUS E HOL DS (2 010) 36.4% 34.2% 33.4%
F E M A L E POP U L AT ION (2 010) 2,654 11,134 13,631
% F E M A L E POP U L AT ION (2 010) 54.4% 52.5% 52.2%
M A L E POP U L AT ION (2 010) 2,220 10,075 12,472
% M A L E POP U L AT ION (2 010) 45.6% 47.5% 47.8%
2010 HOME VALUE
% HOM E VA LU E S U N DE R $10 ,0 0 0 0.3% 1.1% 1.1%
% HOM E VA LU E S $10 ,0 0 0 TO $ 2 4 , 9 9 9 3.8% 5.1% 4.8%
% HOM E VA LU E S $ 2 5 ,0 0 0 TO $ 3 4 , 9 9 9 1.7% 3.2% 3.0%
% HOM E VA LU E S $ 35 ,0 0 0 TO $ 4 9, 9 9 9 8.8% 7.7% 6.7%
% HOM E VA LU E S $ 5 0 ,0 0 0 TO $ 5 9, 9 9 9 20.9% 13.8% 11.4%
% HOM E VA LU E S $ 6 0 ,0 0 0 TO $ 6 9, 9 9 9 9.3% 7.6% 6.9%
% HOM E VA LU E S $70 ,0 0 0 TO $7 9, 9 9 9 5.1% 4.6% 4.0%
1220 Reba McEnt i re Ln / 20
DEMOGRAPHICS
EDGE RE ALT Y CAPITAL MARKETS
1 M I R A DI US 3 M I R A DI US 5 M I R A DI US
2010 HOME VALUE
% HOM E VA LU E S $ 8 0 ,0 0 0 TO $ 8 9, 9 9 9 16.1% 9.2% 8.6%
% HOM E VA LU E S $ 9 0 ,0 0 0 TO $ 9 9, 9 9 9 4.1% 6.7% 6.0%
% HOM E VA LU E S $10 0 ,0 0 0 TO $12 4 , 9 9 9 8.4% 8.6% 8.4%
% HOM E VA LU E S $12 5,0 0 0 TO $14 9, 9 9 9 6.9% 10.1% 11.4%
% HOM E VA LU E S $15 0 ,0 0 0 TO $174 , 9 9 9 6.3% 8.4% 9.2%
% HOM E VA LU E S $175,0 0 0 TO $19 9, 9 9 9 1.6% 2.1% 2.8%
% HOM E VA LU E S $ 2 0 0 ,0 0 0 TO $ 2 4 9, 9 9 9 1.0% 2.3% 4.2%
% HOM E VA LU E S $ 2 5 0 ,0 0 0 TO $ 2 9 9, 9 9 9 2.2% 1.9% 2.4%
% HOM E VA LU E S $ 3 0 0 ,0 0 0 TO $ 3 9 9, 9 9 9 1.1% 3.5% 4.5%
% HOM E VA LU E S $ 4 0 0 ,0 0 0 TO $ 4 9 9, 9 9 9 1.1% 1.7% 2.5%
% HOM E VA LU E S $ 5 0 0 ,0 0 0 TO $74 9, 9 9 9 0.4% 0.9% 0.9%
% HOM E VA LU E S $75 0 ,0 0 0 TO $ 9 9 9, 9 9 9 0.7% 1.0% 0.9%
% HOM E VA LU E S $1,0 0 0 ,0 0 0 OR MOR E 0.1% 0.2% 0.3%
OW N E R- OCC U PI E D M E DI A N HOM E VA LU E $76,120 $91,978 $104,673
EDGE Realty Capital Markets exclusively presents the listing of 1220 Reba McEntire Ln (“Property”) for your acquisition. The owner is offering for sale the Property through its exclusive listing with the team.
EDGE Realty Capital Markets and owner provides the material presented herein without representation or warranty. A substantial portion of information must be obtained from sources other than actual knowledge and not all sources can be absolutely confirmed. Moreover, all information is subject to changes by the parties involved as to price or terms before sale, to withdrawal of the Property from the market, and to other events beyond the control of EDGE Realty Capital Markets or
owner. No representation is made as to the value of this possible investment other than hypothetical scenarios. It is encouraged that you or any of your affiliates consult your business, tax and legal advisors before making a final determination of value or suitability of the Property for acquisition.
As a condition of EDGE Realty Capital Markets’ consent to communicate the information contained herein–as well as any information that may be communicated to you subsequently either verbally or in writing by EDGE Realty Capital Markets, owner or agents of either of these parties regarding the Property–it is required that you agree to treat all such information confidentially.
DISCLAIMER
E XCLUSI V E L IST I NG BROK ER S
5950 Berkshire Lane, Suite 700 Dallas, Texas 75225
T 214.545.6900 edge-cm.com
CONFIDE NTIAL OFFE RING ME MOR ANDUM
1220 REBA MCENTIRE LN12 20 R EBA MCEN T I R E L A N E
DEN ISON, T E X A S
BILL PYLEVice President
MART MARTINDALEPrincipal
