office & medical condos new braunfels, tx 78130 · 2021 w state hwy 46, suite 101, new...

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Cory Elrod, [email protected], 830.214.3489 Mike Ybarra, [email protected], 210.601.1414 Legacy Commercial Real Estate 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE or Lease www.legacycommercialre.com Office condos available for purchase, lease or lease to purchase across from the new 366,000 SF Resolute Hospital, less than 5 minutes from IH-35. Abundant shopping and restaurants surround. $195/SF for shell space. $1.85 NNN to lease. Office sizes range from 3,000 SF to 76,000 SF. Located within Generations Professional Office and Medical Complex. Occupants include Davita Dialysis, Legend Oaks Health Care & Rehab, New Braunfels Spine & Pain Surgery Center, OBGYN, and a Pediatric Cardiologist.

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Page 1: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

Cory Elrod, [email protected], 830.214.3489Mike Ybarra, [email protected], 210.601.1414

Legacy Commercial Real Estate

2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

OFFICE & MEDICAL CONDOSNEW BRAUNFELS, TX 78130

FOR SALE or Lease

www.legacycommercialre.com

Office condos available for purchase, lease or lease to purchase across from the new 366,000SF Resolute Hospital, less than 5 minutes from IH-35. Abundant shopping and restaurantssurround.

$195/SF for shell space. $1.85 NNN to lease.

Office sizes range from 3,000 SF to 76,000 SF.

Located within Generations Professional Office and Medical Complex. Occupants includeDavita Dialysis, Legend Oaks Health Care & Rehab, New Braunfels Spine & Pain SurgeryCenter, OBGYN, and a Pediatric Cardiologist.

Page 2: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

2

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

RETAIL MAP

Page 3: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

3

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

SITE PLAN

Page 4: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

LOCATION MAPS

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

4

Page 5: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

MARKET SNAPSHOT

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

5

NEW BRAUNFELS IS THE 2ND FASTEST GROWING CITY IN THE US

New Braunfels is now the nation’s second-fastest growingcity with a population of 50,000 or more, according toestimates released by the U.S. Census Bureau.

2013, New Braunfels was the 18th fastest growing city, in2014, it was the 13th fastest growing city, and in 2015 it is the2nd fastest growing city.

2015 total population is 70,543, a 6.6% increase from 2014.

Since 2000, total population has increased by 54%.

Approximately 60.8% of the population are white, 35%Hispanic, 1.9% African American, and 2.3% other.

Comal County in which New Braunfels lies was recentlyranked the 7th fastest growing large county in the US.

Such growth is attributed to its location on IH35 in betweentwo of the fastest growing metropolises in the nation, Austinand San Antonio.

In 2015, over 900 new jobs were added with over 20 primaryemployers.

Median Household Income has risen 74% since 2001, higherthan the state and metro-area average.

Property valuations increased in 2015 by 12.8% over 2014.

Since 2005, New Braunfels has a lower unemployment ratethan the nation, state, region, and metro area.Unemployment rate are at the lowest since June 2007.

Commercial building permits set a new record in 2015.Residential permit exceeded 1,000 homes for the thirdconsecutive year.

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Page 6: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

6

T [email protected]

2021 W State Hwy 46, Suite 101New Braunfels, TX 78132

CORY ELRODPrincipal Professional Background

Cory Elrod is a Co-Founder of Legacy Commercial Real Estate. He hasover 9 years of experience in commercial real estate specializing in thesales and/or leasing of office, office medical, retail, land, industrial, andretail pad sites.

Cory has had a multifaceted career during which he has put hiseducation to use in different sectors such as the medical field andcorporate recruiting before turning his attention toward his true passionof Commercial Real Estate. Growing up in New Braunfels, he has lived,worked, and volunteered since his youth. He provides a native'sperspective of the market and community along with his years of largemarket commercial real estate experience.

Cory specializes in giving his clients a very thorough understanding of thedynamics of the community to maximize their marketplace results.

Cory previously with Providence Commercial Real Estate Services as wellas served as President for the McKenna Healthcare Foundation atMcKenna Memorial Hospital.

Memberships & Affiliations

Current Chairman & Member of New Braunfels Planning & ZoningCommissionCurrent Member of Wurstfest Association (Kleine Opa)Current Member of Comal Parks Selection CommitteeCurrent Chairman & Member of New Braunfels Downtown RotaryScholarship Golf TournamentCurrent Member of the New Braunfels Chamber & TransportationCommitteeFormer Member of the Salvation Army BoardFormer Member of the City of New Braunfels Zoning Board ofAdjustmentsGraduate, Leadership New Braunfels (New Braunfels Chamber)City of New Braunfels Bond Advisory Committee (Vice Chair)Attends Oakwood Baptist Church

EducationBachelor of Business Administration, Concentration in Marketing atSouthwest Texas State University

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

Page 7: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e 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 theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

7

* Demographic data derived from 2010 US Census

1 MILE 5 MILES 10 MILES

Total population - Hispanic 483 13,537 34,213% Hispanic 36.4% 35.7% 36.4%

1 MILE 5 MILES 10 MILES

Total population - White 1,106 33,538 81,711% White 83.3% 88.5% 87.0%

Total population - Black 32 620 1,885% Black 2.4% 1.6% 2.0%

Total population - Asian 0 209 684% Asian 0.0% 0.6% 0.7%

Total population - Hawaiian 0 1 14% Hawaiian 0.0% 0.0% 0.0%

Total population - Indian 43 395 599% Indian 3.2% 1.0% 0.6%

Total population - Other 87 2,244 7,163% Other 6.6% 5.9% 7.6%

1 MILE 5 MILES 10 MILES

Total households 457 14,125 34,106

Total persons per hh 2.9 2.7 2.8

Average hh income $72,611 $71,548 $70,488

Average house value $176,762 $176,983

1 MILE 5 MILES 10 MILES

Total population 1,328 37,901 93,962

Median age 30.8 35.7 36.1

Median age (male) 29.2 34.2 34.8

Median age (female) 32.0 37.4 37.9

GENERATIONS PROFESSIONAL OFFICE & MEDICAL CONDOS |OFFICE BUILDING FOR SALE

DEMOGRAPHICS REPORT

Page 8: OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 · 2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400 OFFICE & MEDICAL CONDOS NEW BRAUNFELS, TX 78130 FOR SALE

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11-2-2015

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 oīer to or counter-oīer 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 diīerent 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:

େ that the owner will accept a price less than the wriƩen asking price; େ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen oīer; 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

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date