southwest drive, jonesboro, ar 72401

Transcription

1 southwest drive, jonesboro, ar redevelopment est next to new cvs, dq, starbucks & mcdonald s Phil 2:4

2 opportunity overview Haag Brown Development will be converting an old warehouse building from a grocery store into an upscale retail/office development. The exterior will be completely renovated offering :: for lease ideal users space available :: 7,500 sf price / sf :: $ 14 - $16 medical retail dental restaurant and given a sleek contemporary design. The inside of the building offers tall ceilings and modern architecture. What may be even more exciting is the property s NEW awesome location. This property is surrounded by new development that has come within the past 6 months including Dairy Queen, CVS, Starbucks, and McDonald s. The city of Jonesboro re-routed Madison Street directly in front of the site giving it access and visibility to West Highland Avenue, as well as, Southwest Drive. The city will also be spending millions of dollars on this intersection in the coming months. This new frontage brings exposure to 42,000 cars per day. highlights #1 mcdonald s in the NEA trade area #1 walgreens in the NEA trade area 1st choice location for CVS in Jonesboro most dense 1 mile population in the NEA trade area largest school in the NEA trade area 2nd most important intersection in Jonesboro

3 site plan lease summary LANDLORD RESPONSIBILITIES Landlord shall be responsible for keeping the roof, foundation and exterior walls of the Premises in proper repair. TENANT RESPONSIBILITIES COMMON AREA MAINTENANCE Tenant shall be responsible for cost associated with all maintenance, replacement and repairs necessary to keep the premises in a good state. Landlord s responsibility, cost passed through to tenants. TAXES Tenant Pays Pro-rate Share of all Taxes. 1 Site 1" = 50'-0" INSURANCE UTILITIES ASSIGNMENT & SUBLETTING Tenant Pays Pro-rate Share of all Insurance. Tenant shall be responsible for all utility services within the premises, including gas, electric, telephone, water, sewer, cable and trash removal. Tenant shall have the right at any time to sublease or assign all or any portion of Tenant s Premises with Landlord s prior approval or consent, which shall not be unreasonably withheld or delayed. However, Tenant shall remain guarantor on lease. haag brown commercial haag brown commercial haag brown commercial haag brown commercial haag brown commercial

4 location southwest drive jonesboro, ar HIGHLAND DRIVE ***This document has been prepared by Haag Brown Commercial for advertising and general information only. Haag Brown Commercial makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Haag Brown Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. SO UT HW ES TD RIV E 20,0 00 C PD 22,000 CPD

5 about the trade area Arkansas Business awarded Jonesboro the City of Distinction Award for Main Street Preservation (2012) and for Workforce Development (2011) among cities of over 20,000 in the State of Arkansas. Source: Arkansas Business August 2012 and 2011 Jonesboro is a great place to live, and the community s cost of living is currently 88.8 percent of the national average. Source: Council for Community and Economic Research, Annual Report The editors of U.S. News and World Report ranked Arkansas State University as a Tier 1 Southern regional college (Arkansas State University had a record enrollment for the fall semester with 13,920 students) in the magazine s America s Best Colleges edition. Source: U.S. News and World Report September 2011 and Jonesboro s was one of the fastest growing cities in the state from , with an increase in population of 21.2%. Jonesboro s population in 2000 was 55,515 and in 2010 it was 67,263. Source: U.S. Census Bureau Jonesboro was the only Metropolitan Statistical Area (MSA) in the state that experienced positive job growth from December 2007 October 2010.

6 Our mission at Haag Brown Commercial is to be the best commercial real estate brokerage and development company while leading our clients to success. Our mission is to put our client s needs ahead of our own while striving to excel in quality, innovation, and value of services we provide. Haag Brown Commercial is the region s authority on listing & selling commercial real estate in Jonesboro and Northeast Arkansas. You should also be aware that Haag Brown remains one of the top options in the region for Retail Project Development, Tenant Representation, & Investment Advising. We have experience and the expertise needed to develop and/or advise on large retail development projects. We have the ability to facilitate the expansion of national tenants who want to grow their presence in Arkansas, Oklahoma, Missouri, Mississippi, Tennessee, Alabama & Texas. Information to make the most informed decision on location is of upmost value to our clients. We have the ability to perform tenant site selection and/or build-to-suit through a revolutionary, technologically advanced build-to-suit program, which has pleased our clients immensely. All we need to know is the markets you want to be in, and we can get you there. We have the character, experience & education needed to be the best commercial brokerage firm in our region for advising on commercial real estate investments. Our team 2915 Browns Lane Jonesboro, AR OFFICE EFAX HAAGBROWN.COM Named 2015 Small Business of the Year Named Arkansas State University College of Business 2015 Business Executives of the Year

7 Nathan Eller Operations Director Nathan Eller serves as the Operations Director and Investment Property Specialist at Haag Brown Commercial Real Estate & Development. Nathan s focus is to advise investors, many times 1031 tax exchange clients, on the process of buying and/ or selling income producing commercial property. He enjoys assisting buyers in making the best investment decision for themselves, their company, and their family. Nathan also has a passion for finding ways to get income properties sold through investor relationships, networking and the unique marketing strategies at Haag Brown Commercial. Nathan has settled into his role having closed on numberous investment properties, accounting for more than $19M of transactions in Nathan loves being with his beautiful wife and daughter, spending time with family and friends, fishing, hunting, the outdoors, baseball, and traveling. nathan@haagbrown.com client testimonials It s a blessing to do business with people you can trust. Nathan and the Haag Brown team were professional and took the anxiety out of listing and selling our building. I would highly recommend them to anyone needing commercial real estate representation. - Seller, Investment Property Nathan was a true asset in the sale of my property. He and the team at Haag Brown put together a professional marketing package for my property, worked their contacts and sold the property quickly. I would not hesitate to recommend Nathan for help with your commercial real estate needs. - Seller, Investment Property Haag Brown and Nathan Eller were a pleasure to work with. I really appreciate how smoothly information flowed between us and the seller. Expectations and deadlines were clearly defined, and we even managed to close early. We will definitely use Nathan and Haag Brown for future investments. - Buyer, Investment Property Nathan Eller has done an outstanding job of listing and selling a very complicated property with many moving parts. He spent a countless number of hours collecting data and pulling together the buyer and the seller. Thank you Nathan Eller and thank you Haag Brown. - Seller, Investment Property significant transactions at&t retail center : Fayetteville, AR Armor seed building : Jonesboro, AR meadowview mobile home park : Jonesboro, AR ffo home building : Batesville, AR kidspot & re/max center : Jonesboro, AR unit mini storage facility : Paragould, AR unit mini storage facility : Manila, AR achievements henderson state university Bachelors of Business Administration in Management (CCIM) candidate : Certified Commercial Investment Member jones & company building : Jonesboro, AR ar dentistry & braces building : Paragould, AR 9.19 acres for 1st assembly of god nea : Jonesboro, AR ar dentistry & braces building : North Little Rock, AR office building by wal-mart : Jonesboro, AR woodsprings plaza center : Jonesboro, AR tacos 4 life sites : Little Rock, AR :: Benton, AR

8 *HB DEVELOPMENTS joshua brown PRINCIPAL CCIM Academy Sports Arkansas State University Armor Seed Arkansas Dentistry & Braces Aspen Dental AT&T BNSF Railroad Buffalo Wild Wings Cinema Management Group Cheddars Casual Cafe CWL Jonesboro Dairy Queen Diet Center Dollar General Families Inc. Fazoli s FFO Home Five Guys Burgers Gigi s Cupcakes Hugg & Hall Kirkland s Longhorn Steakhouse Mattress Firm Men s Wearhouse Murphy Oil Nabholz Real Estate NEA Baptist Clinic O Reilly Auto Parts Orscheln Panera Bread Plato s Closet Red Lobster Reliance Health Care Ritter Communications Sissy s Log Cabin Starbucks SUMO Uncle Maddio s Uppercurst Pizza Joshua Brown is the co-owner and Executive Broker of Haag Brown Commercial Real Estate & Development. Joshua serves as a Principal in Haag Brown Development, having developed numerous high profile retail properties in Arkansas and the mid-south. Other states experiencing the success of Haag Brown Development include Oklahoma, Missouri, Tennessee, and Mississippi. Haag Brown Commercial was named a finalist for Small Business of the Year by Arkansas Business in 2012 and They were named Small Business of the Year for Most mornings, Joshua can be found at the office before sunrise drinking coffee, watching the various well-fed birds and squirrels. The next order of business includes filling the office glass boards with the day s brokerage, development and office to-dos and opportunities. Organization within the company is vital for project and client follow-through and is reflected in getting deals across the finish line. Joshua has a passion for assisting real estate users and investors as they make informed decisions. Haag Brown Development has the reputation for developing architecturally appealing buildings as well as delivering proposals to tenants in an unprecedented time frame. Joshua s goal is to create a commercial brokerage and development company unlike others. He attributes his success to using the Bible as a guide for operating his business. Joshua joined his partner Greg Haag in earning his CCIM designation at 25 years of age. Joshua has been the only broker to earn the Triple Diamond Award in Northeast Arkansas, which required $21MM in volume. In 2014, his individual volume exceeded $50MM. He has escorted numerous national retailers through Arkansas and bordering states as both a developer and broker. Joshua has been a lead partner in acquiring retail and office assets for national capital groups. Joshua has been on mission trips to multiple countries with his local church, Central Baptist in Jonesboro, Arkansas. His most recent adventures include Dubai, UAE, to serve in labor camps, and to Assam, India to serve unreached villages without clean drinking water supplies. He can seldom be found too far from his wife Britni, daughter Alex, and son Lincoln. Joshua is enthusiastic about cycling, running and traveling 30A along Florida s coast with family. josh@haagbrown.com Academy Sports Acre Retail Development in Jonesboro, AR Arkansas State University - Single Tenant Development throughout AR AT&T - Single Tenant Development throughout AR Buffalo Wild Wings - Site Selection in Arkansas and Adjoining States Cheddars Casual Cafe - 2 Acre Restaurant Site in Jonesboro, AR FFO Home - National Brokerage and Development Account Five Guys Burgers & Plato s Closet Development - Stadium Boulevard in Jonesboro, AR Kirklands Acre Site on Highland Drive Across from the Mall at Turtle Creek in Jonesboro, AR Longhorn Steakhouse Acre Restaurant Development on Stadium in Jonesboro, AR Mattress Firm Acre Retail Development Site on Stadium in Jonesboro, AR Murphy Oil, USA, Inc. - Site Location 0.94 Acres of Creek Place Development in Jonesboro, AR NEA Baptist Clinic - Disposition of a portfolio of (6) Medical Office Buildings in Jonesboro, AR Orscheln - Single Tenant Development throughout AR Panera Bread - Single Tenant Development in Multiple States Reserve at Hill Park - 30 Acre Office Development which is home to Ritter s Corporate Headquarters, Stephen s Investment Group and Jones & Company Schlotzsky s - 3,00 SF in New Retail Center at the Creek Place Development - Stadium, Jonesboro AR Sissy s Log Cabin - 1 Acre Site at Fairground Re-Development on Stadium, Jonesboro, AR Starbucks- Single and multi-tenant developments throughout Arkansas and additional states Waddell, Cole & Jones, P.a ,000 SF - 12 YR Lease in Jonesboro, AR Courtyard by Marriott Acre - 5 Story hotel on Highway 49 in Jonesboro, AR Highland Shopping Center - 60,000 SF Re-Development on Red Wolf Boulevard in Jonesboro, AR Coca-Cola Bottling Plant / Hays Clothing - 7 AC - 55,000 SF - $3.575 million Acquisition in Jonesboro, AR AFFILIATIONS & DESIGNATIONS CERTIFIED COMMERCIAL INVESTMENT MEMBER, CCIM International Council of Shopping Centers, ICSC Leadership Jonesboro Class of 2009 Jonesboro Regional Chamber of Commerce The Community Advisory Committee for the NEA Baptist Charitable Foundation Downtown Jonesboro Association Vision 2030 Committee for the City of Jonesboro Arkansas Association of Realtors & National Association of Realtors President of the NEA Duck Classic Sponsorship Committee ACHIEVEMENTS 2016 Arkansas Business Small Business of the Year 2015 Arkansas Business Executive of the Year FINALIST 2015, 2012 & 2013 Arkansas Business Small Business of the Year FINALIST 2015 Arkansas State University College of Business Executive of the Year 2011 Arkansas Business 40 under 40 Recipient 2010 Northeast Arkansas Business Today Outstanding Young Executive 2009 Arkansas Business The New Influentials, 20 in Their 20s Board of Realtors Diamond Award of Excellence EDUCATION Arkansas State University, 2005 B.A. in Political Science, Minor in Criminology Certified Commercial Investment Member CCIM Designation Awarded in 2010