FOR SALE HWY 80 CORRIDOR CONTACT US CARTER KENDALL Vice President +1 214 979 6145 carter.kendall@cbre.com MARTY NEILON First Vice President +1 214 979 6134 marty.neilon@cbre.com Capit al M ar ket s L an d S er v ic es AVAILABLE 1 ±47 Acres 2 ±39 Acres 3 ±105 Acres 4 ±108 Acres
2017 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE, Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners.
FOR SALE US HIGHWAY 80 THE MASTER-PLAN GATEWAY Gateway is a 2,000-acre master-planned development in the heart of Forney, Texas. Dubbed the gateway to Dallas, Forney is a vibrant, fast growing suburban city located just 21 miles east of downtown Dallas on US Highway 80. Gateway is ideally centered around the future hub of Forney. Designed with planned retail, residential, office, entertainment, and light industrial within its generous acreage, this progressive development offers an endless array of amenities within close proximity to the Dallas CBD and the D/FW metroplex. + + 1,340 Acres 400 acres on the north side of US Hwy 80 900 acres on the south side of US Hwy 80 40 acres along FM 548 adjacent to Gateway Cedars and Gateway Oaks DEMOGRAPHICS 3 Miles 5 Miles 10 Miles 15 Miles 2017 Population 21,835 41,919 141,510 535,059 2022 Population Projection 28,477 65,933 179,136 606,404 Average Household Income $106,785 $104,978 $95,331 $79,022 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Capital Markets Land Services
FOR SALE US HIGHWAY 80 SUBJECT SITES SITE 1: ±47 ACRES ++ ZONING: PD 09-11 Meadow Ridge Farms ++ FRONTAGE: ±2,900 on Gateway; ±1,880 on US 80 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Capit al M ar ke t s L an d S er v ic es
FOR SALE US HIGHWAY 80 SUBJECT SITES (cont.) SITE 2: ±39 ACRES + + ZONING: PD 09-11 Meadow Ridge Farms + + FRONTAGE: ±230 on Gateway; ±1,260 on US 80 SITE 3: ±105 ACRES + + ZONING: Ag + + FRONTAGE: ±4,375 (0.8 mi) on US 80 SITE 4: ±108 ACRES + + ZONING: Ag + + FRONTAGE: ±2,500 on Helms Trail 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Capital Markets Land Services
FOR SALE US HIGHWAY 80 CITY OF FORNEY Although Forney may be considered a small community, it offers big options when it comes to recreation and events. Our 127 acre community park boasts multiple sporting fields, playgrounds, trails and the 4,000 seat Spellman Amphitheater. Little league and select sports teams regularly use Forney athletic complexes for their practices and games. There are also numerous events that take place around the City throughout the year including 4th of July, Christmas on Main, Turkey Trax Auto Show and activities sponsored by the Forney Arts Council. The Spellman Museum of Forney History is a new museum coming soon to Historic Downtown, which will showcase the rich local history of Forney. LOCATION / TRANSPORTATION The City of Forney is named by the Texas legislature as the antique capital of Texas. It is located in the northeast region of Texas, approximately 19 miles east of downtown Dallas right off of US 80 and four miles southeast of Lake Ray Hubbard. Not only is Forney the fastest growing community in Kaufman County, but it is the 10th fastest growing community in the DFW Metroplex as well. Forney s vibrant family-centered lifestyle combined with its acceptance of change gives it a distinct advantage in attracting both permanent citizens as well as visitors. It is conveniently located on Route 80 which allows for a quick 30 minute drive to Dallas or an even shorter trip up to one of the state s most popular recreational destinations, Lake Ray Hubbard. Forney is bordered northbound by Highway 80 and southbound by Interstate 20. Taking Hwy 80 to Interstate 30 or I-20 to Highway 175 provides Forney with direct access to Downtown Dallas. Hwy 80 is an east-west U.S. highway, originally a cross-country route from the Atlantic to the Pacific; however, the entire segment west of Dallas has been decommissioned. I-20 is one of the largest Interstates in the Southern United States connecting major cities such as Atlanta, GA.; Birmingham, AL.; Jackson, MS.; Shreveport, LA. and Dallas/Fort Worth. Spellman Museum BUSINESS & EMPLOYMENT Forney prides itself on its strong business community, industrial history and unique educational opportunity. In an effort to attract new residents, Forney has plans to expand its retail inventory by approving a few strip malls as well as several restaurants and home improvement stores. Several physicians and clinics are located throughout the trade area and is also planning on building a hospital in the future. It is also located just minutes away from healthcare facilities in Terrell, Kaufman and DFW. 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Capital Markets Land Services
FOR SALE US HIGHWAY 80 Mustang Crossing shopping center at Hwy 80 and FM 548 is home to Wal-Mart, Lowe s, Chili s Grill, Chick-fil-A, Wendy s, Starbucks, GameStop, Walgreens, CVS, Sonic, Starplex Theater, several banks, NTB, AutoZone and Whataburger. Additional national restaurant and food and retail chains are planned for the near future. Forney Community Park The population over the age of 16 is currently estimated at 9,900. The employment status of the labor force is as follows: 93.9% employed civilians, 6.1% unemployed civilians. Forney s economy is supported by Health and Educational Services, Retail Trade, and Special Trade Construction. The Heritage Town Center is home to professionals, City Hall, Kaufman County services, beauty salons, restaurants, bakeries and other specialty stores. The Pinson Road corridor is home to a newly updated and expanded Brookshire s grocery store and several other national and locally owned restaurants and neighborhood service businesses. RECREATION / ENTERTAINMENT Forney serves as the premier retail destination for all of Kaufman County. The historic downtown district and offer shoppers both antique and modern retail options. The charming downtown area puts forward shops full of handmade jewelry, art, furniture and antiques. Community events and activities are held here year round. Spellman Amphitheater The Market Place The 127 acre Forney Community Park opened in March of 2009. It currently features 12 lighted soccer fields, 2 lighted multipurpose fields, 2 lighted tennis courts, 2 lighted sand volleyball courts, a splash pad water park, a 4 field sports complex, a 4,000 seat outdoor amphitheater, 3 playground structures, a pavilion used for party reservations, and a 2 mile walking trail. 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Capital Markets Land Services
Information About Brokerage Services Texas law requires all real estate license holders to give the following informaɵon about brokerage services to prospecɵve buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage acɵviɵes, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material informaɵon about the property or transacɵon received by the broker; Answer the client s quesɵons and present any offer to or counter-offer from the client; and Treat all parɵes to a real estate transacɵon honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wriʃen lisɵng to sell or property management agreement. An owner's agent must perform the broker s minimum duɵes above and must inform the owner of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wriʃen representaɵon agreement. A buyer's agent must perform the broker s minimum duɵes above and must inform the buyer of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parɵes the broker must first obtain the wriʃen agreement of each party to the transacɵon. The wriʃen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaɵons as an intermediary. A broker who acts as an intermediary: Must treat all parɵes to the transacɵon imparɵally and fairly; May, with the parɵes' wriʃen consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instrucɵons of each party to the transacɵon. Must not, unless specifically authorized in wriɵng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriʃen asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submiʃed in a wriʃen offer; and any confidenɵal informaɵon or any other informaɵon that a party specifically instructs the broker in wriɵng not to disclose, unless required to do so by law. AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transacɵon without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s duɵes and responsibiliɵes to you, and your obligaɵons under the representaɵon agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This noɵce is being provided for informaɵon purposes. It does not create an obligaɵon for you to use the broker s services. Please acknowledge receipt of this noɵce below and retain a copy for your records. Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone Designated Broker of Firm License No. Email Phone
CONTACT US MARTY NEILON First Vice President +1 214 979 6134 marty.neilon@cbre.com CARTER KENDALL Vice President +1 214 979 6145 carter.kendall@cbre.com Capital Markets Land Services