sample finish-out huebner gardens office park for …...210 524 4000 8023 vantage drive, suite 1200...
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210 524 40008023 Vantage Drive, Suite 1200
San Antonio TX 78230reocsanantonio.comSAN ANTONIO
R E O C
Huebner Gardens Office Park14603 Huebner
For Lease
Carl BohnVice PresidentDirect Line 210 524 [email protected]
Sample Finish-out
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Table of Contents
© 2016 REOC San Antonio. REOC San Antonio is a licensed Real Estate broker in the State of Texas operating under REOC General Partner, LLC. The information contained herein is deemed accurate as it has been reported to us by reliable sources. As such, we can make no warranty or representation as to the accuracy or completeness thereof. Further, the property is presented subject to availability, change in price or terms, prior sale or lease, or withdrawal from the market.
SECTION 1 Maps
SECTION 2 Photos
SECTION 3 Property Summary
SECTION 4 Quote Sheet
SECTION 5 San Antonio Overview
SECTION 6 Market Snapshots
SECTION 7 Demographics
SECTION 8 TREC Agency Disclosure
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C City Location Map
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Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Aerial Map
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JP MorganChase
CC MediaHoldings
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Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Aerial Map
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Platinum Shavano Oaks Apartments
SubjectLot Lines
XW 2016 Traffic CountsPark
Olmos C reekCen te r
Bella Madera Apartments
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Site Aerial
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Sample Designs
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Property Summary
Address 14603 Huebner
Location Huebner at Olmos Creek Drive
Property 8,120 SF Office BuildingDetails
Legal NCB 17841 (HOTCHKISS OFFICE PARK), BLOCKDescription 2 LOT 40
Zoning O-2 PUD(City of Shavano Park)
Year Built 2016
Floors 1
Utilities Water, Electric, Sewer, Phone, Cable
REOC San Antonio believes this information to be accurate but makes no representations or warranties as to the accuracy of this information.
Comments
� Highly visible project
� Quick and easy access to major thoroughfares
� Located in the exclusive Shavano Park area
� Easy ingress/egress to adjacent thoroughfares
� Autonomous control over air conditioning hours, days, and settings
� Building signage
� Attractive architecture
� High-end finishes
� Surrounded by numerous well established subdivisions
� Abundant surface parking
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Quote Sheet
Actual Base Rental under any proposed lease is a function of the relationship of expense and income characteristics, credit worthiness of tenant, condition of space leased, leasehold input allowances, term of lease and other factors deemed important by the Landlord.
This Quote Sheet does not constitute an offer. Neither this document nor any oral discussions between the parties is intended to be a legally binding agreement, but merely expresses terms and conditions upon which the Landlord may be willing to enter into an agreement. This Quote Sheet is subject to modification, prior leasing or withdrawal without notice and neither party hereto shall be bound until definitive written agreements are executed by and delivered to all parties to the transaction. The information provided herein is deemed reliable, however, no warranties or representations as to the accuracy are intended, whether expressed or implied.
Square Footage Largest Available Area 4,483Available Largest Contiguous Area 2,690 Smallest Available Space 1,793 (Note: All above figures in Rentable Square Feet)
Base Rental $20.00 NNN (2.5% annual base rental increases) - No add-on factor
First Month’s Rental Due upon execution of lease document by Tenant
NNNs $7.54
Term Five (5) years or more
Finishout Allowance $30.00 - $40.00
Deposit Equal to one (1) month’s Base Rental (typical)
Financial Information Required prior to submission of lease document by Landlord
Disclosure A copy of the attached Real Estate Agency Disclosure Form should be signed by the appropriate individual and returned to Landlord’s leasing representative.
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C San Antonio Overview
Largest U.S. Cities
1 New York
2 Los Angeles
3 Chicago
4 Houston
5 Philadelphia
6 Phoenix
7 San Antonio
8 San Diego
9 Dallas
10 San Jose
San Antonio-New Braunfels Metro Area
Pop
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ion
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ian
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1,711,703
2,142,508
2,392,282
2,632,711
2000 Census
2010 Census
2016 Estimate
2021 Projection
32.9
34.1
35.0
35.8
601,265
763,022
846,066
928,458
$51,426
$62,458
$74,515
$80,710
2000 Census
2010 Census
2016 Estimate
2021 Projection
$39,029
$50,146
$54,186
$59,097
$18,443
$22,135
$26,902
$28,962
Austin80 miles
Dallas280 miles
Houston200 miles
Corpus Christi145 miles
Laredo/Nvo. Laredo 150 miles
Mexico City900 miles
San Antonio
Located in South Central Texas within Bexar County, San Antonio occupies approximately 504 square miles. Situated about 140 miles north of the Gulf of Mexico where the Gulf Coastal Plain and Texas Hill Country meet.
Major Industries
In Billions
$0 $5 $10 $15 $20 $25 $30
Manufacturing
Health Care & Bioscience
Finance
Real Estate & Construction
Military
Hospitality/Tourism
Major Industries
Finance
Real Estate & Construction
Military
Hospitality & Tourism
Health Care & Bioscience
Manufacturing
$0 $5 $10 $15 $20 $25 $30
Sources: U.S. Census; ESRI 2014 Estimates; U.S. Census Bureau 2010, ESRI forecasts for 2016 & 2021; Fortune
Ethnicity
Black Alone
American Indian Alone
Asian Alone
Some Other Race Alone
Two or More Races
White Alone
73.9%7.1%
0.8%
12.0%3.6%
2.5%
Hispanic Origin (Any Race)
Non-Hispanic
44.7%
55.3%
Pacific Islander Alone
0.1%
1 Valero Energy 32
2 Tesoro Corp 98
3 USAA 114
4 CST Brands, Inc 299
5 iHeartMedia 414
Fortune 500 CompaniesRankings USSAT
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Office Market Snapshot - 3Q 2017
REOC San Antonio I 8023 Vantage Dr, Suite 1200 I San Antonio TX 78230 I 210 524 4000 I www.reocsanantonioblog.com
Citywide Central Business District Suburban (Non-CBD)3Q 2017 3Q 2016 3Q 2017 3Q 2016 3Q 2017 3Q 2016
All Classes All Classes All ClassesInventory 30,224,492 29,940,341 Inventory 5,127,025 5,504,574 Inventory 25,097,467 24,435,767Direct Vacant 4,416,727 4,673,386 Direct Vacant 823,111 1,024,096 Direct Vacant 3,593,616 3,649,290%Vacant 14.6% 15.6% %Vacant 16.1% 18.6% %Vacant 14.3% 14.9%Average Rent $23.30 $23.87 Average Rent $21.16 $23.57 Average Rent $23.74 $24.053Q Absorption 121,083 391,324 3Q Absorption (23,382) 15,497 3Q Absorption 144,465 375,827YTD Absorption 325,320 841,500 YTD Absorption (14,198) 91,157 YTD Absorption 339,518 750,343
Class A Space Class A Space Class A SpaceInventory 11,721,456 11,224,965 Inventory 2,002,381 2,002,381 Inventory 9,719,075 9,222,584Direct Vacant 1,515,712 1,311,201 Direct Vacant 253,841 238,180 Direct Vacant 1,261,871 1,073,021%Vacant 12.9% 11.7% %Vacant 12.7% 11.9% %Vacant 13.0% 11.6%Average Rent $27.92 $27.86 Average Rent $26.17 $27.71 Average Rent $28.25 $27.933Q Absorption 140,516 214,458 3Q Absorption (23,981) (10,615) 3Q Absorption 164,497 225,073YTD Absorption 123,640 453,299 YTD Absorption (35,922) 20,854 YTD Absorption 159,562 432,445
Class B Space Class B Space Class B SpaceInventory 15,452,300 15,360,965 Inventory 2,374,905 2,566,490 Inventory 13,077,395 12,794,475Direct Vacant 2,387,089 2,610,388 Direct Vacant 386,373 461,688 Direct Vacant 2,000,716 2,148,700%Vacant 15.4% 17.0% %Vacant 16.3% 18.0% %Vacant 15.3% 16.8%Average Rent $20.77 $21.92 Average Rent $18.60 $21.75 Average Rent $21.16 $21.993Q Absorption (26,373) 137,101 3Q Absorption 8,924 17,390 3Q Absorption (35,297) 119,711YTD Absorption 175,354 324,848 YTD Absorption 37,309 64,289 YTD Absorption 138,045 260,559
Class C Space Class C Space Class C SpaceInventory 3,050,736 3,354,411 Inventory 749,739 935,703 Inventory 2,300,997 2,418,708Direct Vacant 513,926 751,797 Direct Vacant 182,897 324,228 Direct Vacant 331,029 427,569%Vacant 16.8% 22.4% %Vacant 24.4% 34.7% %Vacant 14.4% 17.7%Average Rent $16.91 $16.84 Average Rent $16.54 $15.51 Average Rent $17.08 $17.143Q Absorption 6,940 39,765 3Q Absorption (8,325) 8,722 3Q Absorption 15,265 31,043YTD Absorption 26,326 63,353 YTD Absorption (15,585) 6,014 YTD Absorption 41,911 57,339
Analysis by REOC San Antonio based on data provided by Xceligent and approved by the San Antonio Office Advisory Board. Statistical Information is calculated for multi-tenant office bldgs 20,000 sf and larger (excluding Single-Tenant, Owner-Occupied, Gov't and Medical Buildings).Rental rates reflect non-weighted strict average asking rental rates quoted on an annual full-service basis. Rents quoted on a non-full-service basis (such as NNN) have been calculated up to reflect the full-service rate.
San Antonio Office ReportThird Quarter 2017
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Medical Market Snapshot - 3Q 2017
REOC San Antonio I 8023 Vantage Dr, Suite 1200 I San Antonio TX 78230-4726 I 210 524 4000 I www.reocsanantonioblog.com
Citywide Central Business District Suburban (Non-CBD)3Q 2017 3Q 2016 3Q 2017 3Q 2016 3Q 2017 3Q 2016
All Classes All Classes All ClassesInventory 7,232,344 7,063,146 Inventory 1,111,002 1,035,440 Inventory 6,121,342 6,027,706Available 1,450,914 1,450,695 Available 200,555 187,300 Available 1,250,359 1,263,395%Vacant 20.1% 20.5% %Vacant 18.1% 18.1% %Vacant 20.4% 21.0%Average Rent $25.12 $24.67 Average Rent $20.93 $20.83 Average Rent $25.88 $25.333Q Absorption (7,248) 36,926 3Q Absorption 0 6,022 3Q Absorption (7,248) 30,904YTD Absorption 48,301 67,574 YTD Absorption (4,786) (12,659) YTD Absorption 53,087 80,233
Class A Space Class A Space Class A SpaceInventory 2,661,503 2,618,192 Inventory 121,886 121,886 Inventory 2,539,617 2,496,306 Available 478,463 501,960 Available 30,048 33,114 Available 448,415 468,846 %Vacant 18.0% 19.2% %Vacant 24.7% 27.2% %Vacant 17.7% 18.8%Average Rent $29.17 $28.15 Average Rent $24.07 $24.07 Average Rent $29.41 $28.353Q Absorption 4,757 3,373 3Q Absorption 0 0 3Q Absorption 4,757 3,373YTD Absorption 54,631 47,304 YTD Absorption 0 (9,216) YTD Absorption 54,631 56,520
Class B Space Class B Space Class B SpaceInventory 4,013,867 3,926,590 Inventory 880,365 842,413 Inventory 3,133,502 3,084,177 Available 821,804 800,040 Available 161,251 144,459 Available 660,553 655,581 %Vacant 20.5% 20.4% %Vacant 18.3% 17.1% %Vacant 21.1% 21.3%Average Rent $23.18 $23.04 Average Rent $20.77 $20.56 Average Rent $19.93 $23.723Q Absorption (3,123) 33,553 3Q Absorption 0 6,022 3Q Absorption (3,123) 27,531YTD Absorption (4,466) 13,193 YTD Absorption (4,786) (4,670) YTD Absorption 320 17,863
Class C Space Class C Space Class C SpaceInventory 556,974 518,364 Inventory 108,751 71,141 Inventory 448,223 447,223 Available 150,647 148,695 Available 9,256 9,727 Available 141,391 138,968 %Vacant 27.0% 28.7% %Vacant 8.5% 13.7% %Vacant 31.5% 31.1%Average Rent $19.69 $19.45 Average Rent $18.70 $18.54 Average Rent $19.93 $19.603Q Absorption (8,882) 0 3Q Absorption 0 0 3Q Absorption (8,882) 0YTD Absorption (1,864) 7,077 YTD Absorption 0 1,227 YTD Absorption (1,864) 5,850
Source: REOC San Antonio
Statistical Information is calculated for all multi-tenant medical office buildings 20,000 sq. ft. and larger (excluding Single-Tenant, Owner-Occupied, Government & Clinical Facilities).
Average Rental Rates reflect asking rental rates quoted on an annual full-service basis. Individual building rates are weighted by the total rentable square footage of the building.
San Antonio Medical OfficeThird Quarter 2017
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Demographics: 1-Mile
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Demographics: 3-Mile
Carl BohnVice PresidentDirect Line 210 524 [email protected]
210 524 4000
SAN ANTONIOR E O C Demographics: 5-Mile