COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

CHRIS BURROW, Vice President

p 972.419.4094 m 214.244.5047e cburrow@henrysmiller.com

DILLON COOK, Associate

p 972.386.1462 m 214.738.3857e dcook@henrysmiller.com

STRATEGIC ADVISORY GROUP

PROPERTY DETAILS PROPERTY LOCATION

Bellwood Park is located at the northwest corner of the

intersection of Loop 323 and Earl Campbell Parkway in

the City of Tyler, Smith County, Texas. The property is

approximately .75 miles south of State Highway 31 and

7 miles south of U.S. Interstate 20.

Tyler Pounds Regional Airport is 5 miles northwest on

State Highway 64. Neighbors to Bellwood Park include

Tyler Technology Park, Tyler Industrial Park, Tyler Junior

College, the Centene corporate campus, SuddenLink

Tele- communications corporate campus, and All Saints

Episcopal School. The 500-acre Cascades residential

community, spa, and golf course is located near the

property and features an award winning Jack Nicklaus

golf course, a 40,000 square foot club house, a 12,000

square foot spa, and estate home sites ranging from

$100,000 to over $1 million.

EARL CAMPBELL PARKWAY

SO

UTH

BEN

NET A

VEN

UE

ROBERTSON ROAD

Proposed Earl Campbell Parkway Extension

Tract A±7 Acres

Tract B±7 Acres

Tract C±7 Acres

Tract D±29 Acres

Tract I±13 Acres

Tract H±16 Acres

Tract G±12 Acres

Tract F±38 Acres

Tract E±2 Acres

LOCATION

ZONING

UTILITIES

TRAFFIC

TRACT D

PRICE

T R A C T D | ± 2 9 A C R E S | C O M M E R C I A L / R E T A I L S I T E | F O R S A L E

NWC of Loop 323 & Earl Campbell Pkwy

Tyler, Texas 75709

Planned Commercial Development

Commercial/Retail Site

Current Sewer Service to Property

Water to be Provided by City

Loop 323 has Second Highest Traffic Counts in Tyler at ±34,000/24 Hours

±29 Acres (±1,263,240 SF)

$5.00/SF

Proposed Robertson Road Extension

CONCEPTUAL DEVELOPMENT PLAN FLEXIBILITY

The goal of the Bellwood Park Conceptual Development

Plan is to create a master planned community focused

on mixed-use residential with complementary office and

retail development. Frontages of the commercial /retail

tracts such as this one are sufficient in size and

configuration to provide broad flexibility for users. Uses

include multiple mid- and big-box retail, in-line retail

space and pads, office, hotel, and multiple opportunities

for high exposure entertainment and restaurant venues.

MARKET AREA

Bellwood Park comprises one of the largest undeveloped

tracts of land in Tyler, the regional economic and cultural

hub of East Texas, a trade area of 615,000. Tyler is located

90 miles east of Dallas/Fort Worth and 90 miles west of

Shreveport, Louisiana. The Tyler MSA has a current

population of 220,600 and a total workforce of 101,182.

Texas and Tyler remain national leaders in population and

employment growth, continually beating the national

unemployment rate. Tyler and East Texas capitalize on

key industries including energy, health care, information

technology, education, cultural arts, and providing ideal

communities for aging baby boomers.

COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

TRANSPORTATION & ROAD NETWORK

Major arterials are in immediate proximity to the property.

Roads serving the property include:

• State Highway 31 to the north.

• Loop 323 on east boundary (the primary 4-6 lane loop

encircling Tyler with 31,000 cars per day).

• Loop 49 was recently completed between U.S.

Interstate and State Highway 69 dramatically reducing

drive time to and from Dallas and connecting

numerous communities south of Tyler easier access to

the City, the airport and downtown Tyler.

• Earl Campbell Parkway: this 4-lane thoroughfare is a

major east-west connector from Highway 61 to North

Frankston Highway. Future extensions of Earl Campbell

will bisect Bellwood Park and continue northerly to

intersect State Highway 31and connect with State

Highway 64 for access to Tyler Pounds Airport and

downtown Tyler.

• Second segment within Bellwood Park designed with

USACE Section 404 Permits obtained for wetlands

crossing.

• Loop 49 (Outer Loop) accessible by both Highway 31

and 64 for direct access to I-20 to the north or to south

Tyler and Highway 69 to the south.

Tract A±7 Acres

Tract B±7 Acres

Tract C±7 Acres

Tract D±29 Acres

Tract I±13 Acres

Tract H±16 Acres

Tract G±12 Acres

Tract F±38 Acres

Tract E±2 Acres

CONCEPTUAL DEVELOPM ENT PLAN

COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

TRACT D±29 Acres

1 2

6

7

8

9

11

12

13

COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

11. Rudy’s BarBW

12. Hollywood Theatre

13. Austin Bank

14. Walmart

15. Brookshire’s

16. John Tyler High School

17. Cascades Community,

Golf, Club and Spa

18. All Saints School

1. Sam’s Club

2. Centene Corp

3. Tyler EDC Technology Park

4. Tyler Industry Park

5. Tyler I.S.D. Skil ls Center

6. Fresenius Corp. (2016)

7. SuddenLink Corp.

8. Tyler Junior College

9. East Texas Health

10. Tyler J.C. Energy Center

3

4

5

10

1415

16

17

18

Tract A±7 Acres

Tract B±7 Acres

Tract C±7 Acres

Tract D±29 Acres

Tract I±13 Acres

Tract H±16 Acres

Tract G±12 Acres

Tract F±38 Acres

Proposed Robertson Road Extension

Proposed Earl Campbell Parkway Extension

Tract E±2 Acres

COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

COMMERCIAL/RETAIL USES PERMITTED

Loop 323 contiguous to the property has the

second highest traffic counts in Tyler at 34,000/24-

hrs. The commercial zoning allows flexibility of

mixed use under the PCD zoning including

commercial/retail, office, hospitality, education,

corporate campus, attached housing, and multi-

family/student housing. Developers may choose

any combination of uses.

Bellwood Lake

COMMERCIAL/RETAIL MARKET OVERVIEW

The commercial/retail occupancy in the immediate market area and in Tyler in general is a reported rate of over 90%.

Lease rates are stable and gross retail sales are steadily increasing on an annual basis. This is largely due to the retail market

attracting a broad customer base from communities in East Texas well beyond the immediate Tyler trade area.

The strength of the Tyler commercial/retail market is reflected in the recent opening of The Village at Cumberland Park

located at Highway 69 South and Loop 49 which opened in September, 2014. With 700,000 square feet of retail, restaurant

and entertainment space, it is reportedly 95% leased with plans underway for Phase II. Tenants include World Market, Bed,

Bath & Beyond, Studio Movie Grill, Lane Bryant, T. J. Maxx, DSW and others.

Other major retailers operating within the Tyler market area are located within the area’s 55 retail centers totaling 3.2

million sq. ft. They include Dillard’s, Sears and J.C. Penney located in the 800,000 sq. ft. Broadway Square Mall as well as

Target, Macy’s, Gander Mountain, Sam’s Club, Walmart, and Brookshire’s.

COMMERCIAL/RETAIL DEVELOPMENT SITE

BELLWOOD PARK • TYLER, TX

CHRIS BURROW, Vice President

p 972.419.4094 m 214.244.5047e cburrow@henrysmiller.com

DILLON COOK, Associate

p 972.386.1462 m 214.738.3857e dcook@henrysmiller.com

STRATEGIC ADVISORY GROUP

Tract A±7 Acres

Tract B±7 Acres

Tract C±7 Acres

Tract D±29 Acres

Tract I±13 Acres

Tract H±16 Acres

Tract G±12 Acres

Tract F±38 Acres

Tract E±2 Acres

AREA CHARACTERISTICS & DEMOGRAPHICS

1 Mile 5 Miles Tyler MSA

2013 Est. Population 1,105 80,408 100,223 214,871

2013 Est. Daytime Population N/A 146,002 175,000 N/A

2012 Est. HH Income $100,000 < 16.4% 14.7% 12.5% 10.2%

2013 Est. Average HH Income $58,120 $60,592 $68,113 $68,548

2013 Est. College Degree 37.7% 32.5% 26.0% 22.5%

2010 Homes Built 1990 or later 42.8% 26.3% 24.4% N/A

2010 Business, Professional 30.3% 29.0% 28.5% 24.2%

This market area is characterized by strong college-educated,

professional, and middle and upper-middle class demographics.

Before working with a real estate broker, you should know

that the duties of a broker depend on whom the broker

represents. If you are a prospective seller or landlord (owner)

or a prospective buyer or tenant (buyer), you should know

that the broker who lists the property for sale or lease is the

owner’s agent. A broker who acts as a subagent represents

the owner in cooperation with the listing broker. A broker

who acts as a buyer’s agent represents the buyer. A broker

may act as an intermediary between the parties if the parties

consent in writing. A broker can assist you in locating a

property, preparing a contract or lease, or obtaining financing

without representing you. A broker is obligated by law to

treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:

The broker becomes the owner’s agent by entering into an

agreement with the owner, usually through a written - listing

agreement, or by agreeing to act as a subagent by accepting

an offer of subagency from the listing broker. A subagent

may work in a different real estate office. A listing broker or

subagent can assist the buyer but does not represent t he

buyer and must place the interests of the owner first. The

buyer should not tell the owner’s agent anything the buyer

would not want the owner to know because an owner’s agent

must disclose to the owner any material information known

to the agent.

IF THE BROKER REPRESENTS THE BUYER:

The broker becomes the buyer’s agent by entering into an

agreement to represent the buyer, usually through a written

buyer representation agreement. A buyer’s agent can assist

the owner but does not represent the owner and must place

the interests of the buyer first. The owner should not tell a

buyer’s agent anything the owner would not want the buyer

to know because a buyer’s agent must disclose to the buyer

any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY:

A broker may act as an intermediary between the parties if

the broker complies with The Texas Real Estate License Act.

The broker must obtain the written consent of each party to

the transaction to act as an intermediary. The written consent

must state who will pay the broker and, in conspicuous bold

or underlined print, set forth the broker’s obligations as an

intermediary. The broker is required to treat each party

honestly and fairly and to comply with The Texas Real Estate

License Act. A broker who acts as an intermediary in a

transaction:

(1) shall treat all parties honestly;

(2) may not disclose that the owner will accept a price

less that the asking price unless authorized in writing to

do so by the owner;

(3) may not disclose that the buyer will pay a price

greater than the price submitted in a written offer unless

authorized in writing to do so by the buyer;

and

(4) may not disclose any confidential information or

any information that a party specifically instructs the

broker in writing not to disclose unless authorized in

writing to disclose the information or

required to do so by The Texas Real Estate License

Act or a court order or if the information materially

relates to the condition of the property.

With the parties’ consent, a broker acting as an intermediary

between the parties may appoint a person who is licensed

under The Texas Real Estate License Act and associated with

the broker to communicate with and carry out instructions of

one party and another person who is licensed under that Act

and associated with the broker to communicate with and

carry out instructions of the other party.

If you choose to have a broker represent you, you should

enter into a written agreement with the broker that clearly

establishes the broker’s obligations and your obligations.

The agreement should state how and by whom the broker

will be paid. You have the right to choose the type of

representation, if any, you wish to receive. Your payment of

a fee to a broker does not necessarily establish that the broker

represents you. If you have any questions regarding the

duties and responsibilities of the broker, you should resolve

those questions before proceeding.

Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

INFORMATION ABOUT BROKERAGE SERVICES

NORTH TEXAS COMMERCIAL ASSOCIATION OF REALTORS ®

Henry S. Miller Brokerage, LLC

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant DATE

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real

estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K • TAR 2501