6422 SOUTH CONGRESS, AUSTIN, TEXAS 78745

PRESENTED BY MAPLETON VENTURES

LEASE PROPOSAL

6422 SOUTH CONGRESS AVENUE, AUSTIN, TEXAS 78745

Location Overview

SOUTH CONGRESS AVE

6422 SOUTH CONGRESS AVENUE, AUSTIN, TEXAS 78745

AUSTIN CITY LIGHTS GRIFFS SOCO AUSTIN

REGENCY PARK APARTMENTS

WILLOW BROOK

CENTURY SOUTH

E WILLIAM CANNON DR

PUBLIC STORAGE

DOLLAR TREE

2

South Austin Demographics

HIGHWAY 71 184,019 CARS

W WILLIAM CANNON DR 33,588 CARS

SOUTH CONGRESS AVE. 30,171 CARS

6422 SOUTH CONGRESS AVENUE, AUSTIN, TEXAS 78745 I35

190,214 CARS

Location Highlights

Main Artery Location - The property is located on South Congress Avenue in Austin, Texas which is a mainer artery leading to the state capital of Texas.

Booming Population - The immediate area experienced ±65% growth over the last decade with several large multifamily developments and residential developments in the immediate area. The population is expected to continue to grow with new projects such as:

• Settle South Congress - 67 units

• Society - 262 units

• Highmark Townhomes - 50 units

• Oden Hughes Apartments - 300 units

Solid Demographics - There are ±316,000 people in the 5-mile radius with an average household income exceeding $93,000 per year. The 5-mile radius has a consumer spending that exceeds $2.1 Billion and is expected to exceed $2.5 Billion in the next 5-years.

Expected population growth of over 9% in the 1-mile and 8% in the 3 and 5-mile.

Austin averages nearly 100 new residents moving to the five-county Austin MSA every day making it 8 years running as the fastest growing major metropolitan area in the country.

The immediate area has limited opportunity for retail development.

3

Austin, Texas

The Property is strategically positioned on the iconic South Congress Avenue. South Congress is a nationally recognized shopping and cultural district famous for its popular boutique retailers, restaurants, live music, art venues and food trucks. St. Edward’s University, with annual enrollment of over 4,300 students, is situated on South Congress Avenue less than 10 minutes north of the Property. Approximately 10 minutes east is Austin–Bergstrom International Airport which served over 17.3 million passengers in 2019, a 9.6% increase from 2018, according to the City of Austin. The airport opened a new $350 million 9-gate terminal expansion in February 2019. It is also well positioned within a densely populated area and near national tenants such as H-E-B Grocery, Gold’s Gym, Lowe’s, Sprouts Farmers Market, Sherwin-Williams, Chase Bank, Supercuts, Regal Cinemas, Subway, and Rent-A-Center among many others.

Austin has become a premier destination in the United States. Since 2013, numerous national publications have endorsed Austin as the country’s best economy, best-performing city, top “boomtown,” and

top city for jobs and culture. Fortune 500 companies such as Apple, Google, Dell, 3M, Cisco, eBay, Texas Instruments and Whole Foods all have headquarters or regional offices in the Austin area. Ranked as the number one fastest growing city in the US, Austin is ranked second in the nation in job growth and is now the 11th largest city in the nation. Austin is also home to the University of Texas. With an endowment valued over $30.9 billion and serving nearly 75,000 combined students and faculty, UT-Austin is one of the largest and wealthiest universities in the nation. Additionally, Austin is known as the “Live Music Capital of the World” and hosts the popular annual music festival Austin City Limits (“ACL”). An estimated 450,000 people attend ACL each year making it the most popular music festival in the country (Forbes.com). With operating and living costs well below the national average, a pro-business government, corporate headquarters and offices, a world-renowned university, sensational culture and a favorable year-round climate, Austin has become one of the most desirable cities in the country.

4

Project Overview

• Famous South Congress (SOCO) address

• Class A Retail - 4,200 SF Building

• Drive Through focusing on customer convenience

• Build-to-suit

• Two tenants (subject to change)

Highlights

5

Site Layout

7.5' P.U.E. PER PLATN21°06'50"E 189.92'

S68°51'27"E 199.97

25' B.L.N68°52'00"W

199.95'

S21°07'18"W 189.88'

360'

1584.13'

R=36

0'

R=360'

18" FL=661.57

18" RCP18" CMP

18" CMP

T

DRIVE

DRIVE

2-18" CMPFL=658.92

2-18" CMPFL=658.36

18" FL=661.57

TXDOTCENTERLINE STA.

313+34.7

657659

660

15' ELECT. ESMT.

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIREFIRE FIRE FIRE

FIRE

FIREFIREFIREFIREFIRE

FIRE

30'-0"

25'-0"12'-0"10'-0" 5'-0"

25'-0"

10'-6"

BUILDING

4226.5 SF

39'-6"

3 STD 3 STD8'-0"

107'-0"

60'-0"

FIRE

FIRE

FIRE

FIRE

FIRE

60'-0"

5 ST

D

4 STD

7 STD

2876.4 SF

OUTDOORSEATING

STARBUCKS2000 SF1

2

3 4 5 6 7 8

25'-0"10'-0"

12'-0"

77'-6"

2 STD 5 CMPT

DRIVE

THROUGH

ORDERING17'-6"

Copyright © 2018 by M

ark Hart Architecture, INC. All rights reserved. The arrangements depicted herein are the sole property of M

ark Hart Architecture, INC. and may not be reproduced in any form

without written permission.

PROJECT ADDRESS:

6422 S. CONG

RESS, AUSTIN, TX 78745

CLIENT NAME:

MAPLETO

N VENTURES

DATE:

09-04-2020

SITE DEVELOPM

ENT PLAN (OPTIO

N 1)

SCALE: 1/32" = 1'-0"

PLAN

N

TRUE

N

OPTION 1 - STARBUCKS WITH DRIVE THROUGH

PARKING REQUIREMENTS

ITEM

AREA SF

PARKING RATIO

REQUIRED PARKING

STARBUCKS

2000

100

20

RETAIL

2226.5

275

8

TOTAL

4226.5

28

PARKING PROVIDED

TYPE

QUANTITY

PERCENTAGE

STANDARD (9' X 17.5')24

77.4%

COMPACT (7.5' X 15'

5

16.1%

HC

2

6.5%

TOTAL

31

100.0%ZONING REGULATIONS

BASE ZONING

GR

MINIM

UM LOT SIZE (square feet):

5,750

MINIM

UM LOT W

IDTH:

50

MAXIM

UM HEIGHT:

60

MINIM

UM SETBACKS:

 FRONT YARD:

10

 STREET SIDE YARD:

10

 INTERIOR SIDE YARD:

—

 REAR YARD:

—

MAXIM

UM BUILDING COVERAGE:

75%

MAXIM

UM IM

PERVIOUS COVER:

90%

MAXIM

UM FLOOR AREA RATIO

1:01

APPENDIX A. - TABLES OF OFF-STREET PARKING AND LOADING REQUIREMENTS

Part 1 - Motor vehicles

General retail sales and services

(convenience or general)

1 space for each 275 sq. ft.

Schedule C

Restaurant

Schedule C

 • ≤2,500 sq. ft.

1 space for each 100 sq. ft.

Drive-in service

8 queue spaces for each service lane

7.5'

P.U

.E. P

ER P

LAT

N21°

06'5

0"E

189

.92'

S68°51'27"E 199.97

25' B

.L.

N68°52'00"W 199.95'

S21°

07'1

8"W

1

89.8

8'

360'

1584

.13'

R=360

'

R=360'

18" F

L=66

1.57

18" R

CP

18" C

MP

18" C

MP

TD

RIVE

DRI

VE2-

18" C

MP

FL=6

58.9

2

2-18

" CM

PFL

=658

.36

18" F

L=66

1.57

TXD

OT

CENT

ERLI

NE S

TA.

313+

34.7

657

65966

0

15' E

LECT

. ESM

T.

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIRE

FIREFIRE

FIRE

FIRE

FIRE

FIREFIRE

30'-0

"

25'-0" 12'-0"

10'-0"

5'-0"

25'-0

"

10'-6"

BUILDING4226.5 SF

39'-6"

3 ST

D

3 ST

D8'

-0"

107'

-0"

60'-0

"

FIRE

FIRE

FIRE

FIRE

FIRE

60'-0"

5 STD

4 ST

D

7 STD

2876

.4 SF

OUTD

OOR

SEAT

INGSTAR

BUCK

S20

00 SF

1

2

3

4

5

6

7

8

25'-0"

10'-0

"

12'-0

"

77'-6"

2 ST

D

5 CM

PT

DRIVETHROUGHORDERING

17'-6"

Copyright © 2018 by Mark Hart Architecture, INC. All rights reserved. The arrangements depicted herein are the sole property of Mark Hart Architecture, INC. and may not be reproduced in any form without written permission.

PROJECT ADDRESS:6422 S. CONGRESS, AUSTIN, TX 78745

CLIENT NAME:MAPLETON VENTURES

DATE:09-04-2020

SITE DEVELOPMENT PLAN (OPTION 1)SCALE: 1/32" = 1'-0"

PLAN

N

TRUE

N

OPTION 1 - STARBUCKS WITH DRIVE THROUGH

PARKING REQUIREMENTS

ITEM AREA SF PARKING RATIO REQUIRED PARKING

STARBUCKS 2000 100 20

RETAIL 2226.5 275 8

TOTAL 4226.5 28

PARKING PROVIDED

TYPE QUANTITY PERCENTAGE

STANDARD (9' X 17.5') 24 77.4%

COMPACT (7.5' X 15' 5 16.1%

HC 2 6.5%

TOTAL 31 100.0%

ZONING REGULATIONS

BASE ZONING GR

MINIMUM LOT SIZE (square feet): 5,750

MINIMUM LOT WIDTH: 50

MAXIMUM HEIGHT: 60

MINIMUM SETBACKS:

 FRONT YARD: 10

 STREET SIDE YARD: 10

 INTERIOR SIDE YARD: —

 REAR YARD: —

MAXIMUM BUILDING COVERAGE: 75%

MAXIMUM IMPERVIOUS COVER: 90%

MAXIMUM FLOOR AREA RATIO 1:01

APPENDIX A. - TABLES OF OFF-STREET PARKING AND LOADING REQUIREMENTS

Part 1 - Motor vehicles

General retail sales and services(convenience or general)

1 space for each 275 sq. ft. Schedule C

Restaurant Schedule C

 • ≤2,500 sq. ft. 1 space for each 100 sq. ft.

Drive-in service 8 queue spaces for each service lane

6

Lease Proposal

• Space: 2,200 - 4,200 SF

• Rate: $45 - 55 SF

• Term: >10 years w/ extensions

• Deliverable: Estimated completion end of 2021

• Other:

Drive-thru access

Build to suit based on Starbuck’s specs

Proper signage & street visibility

General Lease Terms (TBD)

Mapleton Ventures would like to extend the opportunity to occupy 2,200 - 4,200 sf (TBD) of drive-through, Class A retail on South Congress Avenue. Project would be deliverable by the end of 2021.

7

Mapleton Ventures Team

Sachin Wadhwa Managing Partner

Mark Hart Architectsmarkhartarch.comRobert LeJeune | Jonathan Creel

Sabre Constructionsabrecommercial.comTodd Reimers | Scott HerrNeckar

Zahid NaeemManaging Partner

Mahmood AbbasManaging Partner

Colin TierneyReal Estate Investment Manager

Bleyl Engineeringbleylengineering.comJason Rodgers

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