FOR SALE HAMILTON CORNER LAND ADVISORY GROUP OFFERING SUMMARY METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914.

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1 HAMILTON CORNER OFFERING SUMMARY FOR SALE S P R E M I E R C O M M E R C I A L D E V E L O P M E N T O P P O R TUNI T Y A C R E S M C K I N N E Y, T X LAND ADVISORY GROUP CHRIS BURROW Vice President p m e cburrow@henrysmiller.com DILLON COOK Associate p m e dcook@henrysmiller.com METHODS CHANGE. PRINCIPLES ENDURE. SERVICE & INTEGRITY SINCE 1914.

2 Disclaimer THE FOLLOWI NG I NFORMATION IS FROM SOURCES BELI EVED TO BE RELIABLE, BUT HENRY S. MI LLER BROKERAGE, LLC HAS NOT VERI FIED THE ACCURACY OF THE I NFORMATI ON. HENRY S. MI LLER BROKERAGE, LLC MAKES NO GUARANTEE, WARRANTY OR REPRESENTATI ON AS TO THE I NFORMATION, AND ASSUMES NO RESPONSI BI LI TY FOR ANY ERROR, OMISSI ON OR I NACCURACY. THE I NFORMATI ON IS SUBJECT TO THE POSSI BI LI TY OF ERRORS, OMISSI ONS, CHANGES OF CONDI TION, I NCLUDI NG PRI CE OR RENTAL, OR WI THDRAWAL WI THOUT NOTI CE. ANY PROJECTI ONS, ASSUMPTI ONS OR ESTI MATES ARE FOR I LLUSTRATI VE PURPOSES ONLY. RECI PIENTS SHOULD CONDUCT THEIR OWN INVESTIGATION. 2

3 Executive Summary PROPERTY OVERVIEW Overview Hamilton Corner is situated in the area categorized by the City of McKinney as the focal point for new commercial development within McKinney s Northwest Sector, which represents 45.8 square miles in one of the nation s fastest growing cities. The Northwest Sector has experienced a growth rate of 392% since 2000 and hosts a median household income that is 46% higher than that of the entire State of Texas. Hamilton Corner is located directly east of newly proposed, The Village at McKinney, which will soon be a 76.2-acre urban mixed-use development. Property Summary LOCATION COUNTY SUBMARKET LAND AREA ZONING 100-YEAR FLOODPLAIN FRONTAGE PRICING SEC US Highway 75 and FM 543 McKinney, Texas Collin County Allen/Frisco/McKinney ± Acres AG (Agricultural District) 100% ±2,400 Feet on FM 543 Please contact broker for pricing details and full Offering Memorandum Property Location The property is strategically located in McKinney s US 75 Sub-Area, centered on US Highway 75, generally bounded by Bloomdale Road on the South, U.S. Highway 75 on the west, and FM 543 on the east. FEMA 100-Year Floodplain 3

4 Executive Summary AERIAL OVERVIEW Project: Parks of Honey Creek Developer: Tomlin Investments Acres: 1,649 Residences: 5,741 Avg. Home Value: TBD Project: Collin College Timeline: Within 5 Years Cost: $36 Million Acres: 75 Students: 1,500 Project: Trinity Falls Acres: 1,700 Residences: 4,176 Open Space: 450 Acres Avg. Home Value: $389K Commercial: 1M+ SF Project: Lilyana Developer: Hillwood Acres: 400 Residences: 1,250 Avg. Home Value: $375K Cost: $500 Million Project: Mustang Lakes Developer: Cambridge Co Acres: 682 Residences: 2,000 Avg. Home Value: $350K Broker: Henry S. Miller Status: For Sale Mixed-Use Development Project: Brookhollow Developer: LandPlan Acres: 1,300 Residences: 2,500 Status: Master Planned Avg. Home Value: $650K Project: Cross F. Ranch Acres: 2,000 Status: Proposed Master- Planned Residential Community Acres: 1,860 Status: TBD P r o p e r t y Project: Estates of Willow Wood Developer: TBD Acres: 307 Residences: 24 Status: TBD Project: Proposed Residential Developer: TBD Acres: 1,047 Status: TBD Broker: Henry S. Miller 860 Acres Sold Residential Community Closed: 06/24/16 Project: Proposed Costco Developer: TBD 4

5 Executive Summary MARKET ATTRACTION Major Area Points of Interest Collin County Government Complex, Myers Park, Baylor Medical Center, Raytheon Corporation, Collin College, and 380 Towne Crossing. Residential Developments Tucker Hill, Trinity Falls, Erwin Park, Trinity Falls, and Craig Ranch. Surrounding Demographics Property Northwest Sector Northeast Sector Southeast Sector Southwest Sector Type McKinney Dallas Population 162, M Households 46, ,719 Median Household Income $81,553 $41,254 Average Household Size Average Age Bachelor s Degree or Higher 22.5% 29.6% v McKinney ETJ McKinney City Limits Existing Roads Multi-Family Residential Single Family Residential Mobile Home Residential Farm & Ranch Residential N Graduate or Professional Degree 12.6% 11% 5

6 Market Overview MARKET AREA DYNAMICS The Northwest Sector Study The Northwest Sector Study is a proactive response to the anticipated growth in this sector of McKinney. The goal of the Study is to develop a comprehensive vision that addresses the priorities that McKinney residents, land owners, business owners and other stakeholders deem important for the Northwest Sector. Items of discussion have included infrastructure investment strategies, identifying economic opportunities, creating efficient transportation networks and development patterns, and understanding the level of quality that should be present in the Northwest Sector. The Northwest Sector Study is an extensive and comprehensive study set out to evaluate the best approaches to accommodate the future population growth in Northwest McKinney. The Vision of the Northwest Sector Study The recommendations which have been developed for the Sector-wide Framework build on the Comprehensive Plan but place an emphasis on incorporating the distinctive landscape, the natural features, and the existing heritage into the development of the Northwest Sector. The intent of these recommendations is to create an infrastructure system which responds to the unique topography, preserves the natural features, and honors the diverse residential character and densities within the Northwest Sector. US 75 Sub-Area Attraction Property With over 1,600 employees as of 2014, the Collin County Government Complex is one of the largest employers in McKinney and brings visitors from around the county on a daily basis. The entire campus sits on just over 270 acres and includes over 1 million square feet of administration, court, service, and office uses for the county. At present, the Collin County complex serves as the northernmost limit of evident commercial activity along US 75 in McKinney. However, a mile north of the County complex is the US 75/Laud Howell Parkway intersection, which is marked as a prime regional commercial opportunity for McKinney. At the highway intersection of US 75 and Laud Howell Parkway, development should be programmed in such a way that at least a halfmile radius around the intersection is developed comprehensively and creates a regional campus that is reflective of the Northwest Sector Place Type Planning Principles for regional commercial development. 6

7 Market Overview MARKET AREA DYNAMICS Legend Future Road Proposed Hike & Bike Trail Existing Hike & Bike Trail Stream Lake Floodplain Existing Land Use Single Family Residential Farm & Ranch Single Family Single Family Manufactured Home Multi-Family Residential Property Retail Services Office Industrial Institutional (Churches, Schools, Etc.) Public and Private Parks/Open Space Utilities Agriculture/Cropland/Undeveloped Vacant N 7

8 Land Advisory Group ABOUT US What We Do Henry S. Miller Company s Land Advisory Group serves a diverse group of clients and provides a wide range of strategic real estate advisory services benefiting individual, institutional, public, private and non-profit clients. Our team advises clients in the following areas: Commercial and investment property acquisitions and dispositions as well as due diligence, research and valuations related to those transactions; Strategic decisions related to property management, financing, and cycle analysis; Consulting with cities, county, and state government entities in real estate asset management, economic development, and community revitalization strategies; Adding value to commercial and investment properties by obtaining regulatory and zoning approvals and forming strategic public-private partnerships for property owners and investors. Our Approach We believe solving complex problems is achievable through careful research and due diligence and by assigning a senior professional to personally manage each assignment. We approach each challenge as unique, applying the most effective combination of resources to each project. We also believe in working collaboratively as a team and establishing clear lines of communication with our clients. Where We Work The real estate professionals in the Land Advisory Group have advised and consulted on over 500 engagements in 7 states and with 30 combined U.S. markets representing over $2 billion in value. Our advisory team focuses on the following key property asset types in the Dallas/Fort Worth, North Texas and Southwest U.S. markets: Multifamily properties and development sites Urban and suburban office properties and corporate campus sites Hospitality properties Commercial/Retail/Restaurant sites Mixed-Use Urban properties and development sites Development land for planned residential and mixed-use projects Investment grade land assets positioned for long-term appreciation Who We Are Land Advisory Group was founded by senior real estate professionals at Henry S. Miller Company and is comprised of individuals with nearly 80 years of industry experience. Team members have held executive positions with nationally recognized real estate firms, with U.S. government agencies and non-profit organizations. "Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth." - Theodore Roosevelt 8

9 Contact Information Contact Information Our Industry experts are here to provide you with the answers you need. Please feel free to contact Henry S. Miller Brokerage Land Advisory Group so that we may further assist you with your real estate needs. CHRIS BURROW Vice President p m e cburrow@henrysmiller.com DILLON COOK Senior Associate p m e dcook@henrysmiller.com JORDAN HARRIS Associate p m e jharris@henrysmiller.com ERIC LEYENDECKER Associate p m e eleyendecker@henrysmiller.com Dallas Parkway, 11 TH Floor, Dallas, TX T: