telfair office park inna - loopnet

www.RubiconRealty.com Brokerage I Management I Development

Telfair Office Park Inna Radford

Cell: 713.817.5030

281.313.0000 ext.115

[email protected]

Office Condominiums For Sale

800 Bonaventure Way (off Hwy 6), Sugar Land, TX 77479

Property Information

Disclaimer: Information contained here in, while supplied by sources deemed reliable, is subject to errors and is not warrantied by Rubicon Realty Group or its agents. This information is subject to change without notice.

LOCATION

AVAILABLE SPACES

Each Unit is 1,248 Square Feet

PRICES

1,248 Square Feet End-Unit: $350,000

1,248 Square Feet Inline Unit: $340,000

POA (HOA) FEE

$200/ Month (Estimated)

FINISH OPTIONS

Gray Modern Finish

ALLOWED USES

Professional and Medical Offices, Limited Beauty/Cosmetic Services.

CONSTRUCTION

In Progress

2018 TAX RATE

3.09662%

PARKING RATIO

5 Spaces Per 1000 Square Feet

STRONG LOCAL ECONOMY • Major corporate employment hub • Over $120,000 in Average HH Income

MAJOR GROWTH & DEVELOPMENT AREA • Projected job growth through 2025: 17.68%

REGIONAL LOCATION • Access from 6 major highways within a 7 mi radius:

State Highway 6 ,US-90, I-69, Grand Parkway, Beltway 8/Westpark Tollway

• Sugar Land Airport with on-site U. S. Customs service 250 aircrafts


Site Plan

126

- Units Available Sale

140 139

PHASE II

PHASE I

Levee

146

145

144

143

137

138 136

141 142 149 148 147

134

132

133

135

129

128

131

125

127

124

121

123

120

122

117

115

118

116

119

112

110

113

111

114

108

107

106

109 105

104

Phase 1

102

103 101

164

162

165

163

161

160

155

157

154

156

158

159

130

Phase II


Interior Photos


INLINE UNIT END UNIT FLOOR PLAN: Shown to the right

• Four Offices

• Reception area

• Bathroom

• Kitchenette

• Reception/entry area

FLOORING: • Four Offices: Mohawk “Out of

the Gate”BC438 Color 955

• Kitchen and Bathroom: Dusk Collection Trinity Tile Steel

• Reception area and hallway: Mohawk Living Local 958 2 tone

KITCHEN: • Quartz countertops: Vicastone

• Cabinets: Wilsonart Premium Laminate Skyline Walnut 7964K-12

• One sink BATHROOM: • One white sink

• One mirror above the sink WALL PAINT: • Sherwin Williams 6002 Essential Gray HVAC:

• One split HVAC unit, ductwork instal-lation and a thermostat


THE PROCESS

1. Decide how much space you require (in multiples of 1,248 Square Feet)

2. Discuss how you want the space to be laid-out / finished on the inside

- Option “Standard Finish” of a 1,248 SF unit: 4 offices, bathroom, kitchenette, waiting area, HVAC, electric, carpet/

tile, painted

3. Sign the sales contract

4. Deposit 10% of the purchase price per unit in Earnest Money

- this 10% deposit is non-refundable , unless you examine the title report and find out that it is not clear or does not al-

low your use

- this deposit will apply toward the sales price at closing, but will be forfeited if you do not close

- Your lender will count it toward the loan down payment

5. Apply for a mortgage loan with a lender of your choice

(we can also provide recommendations)

7. Work with your lender and the title company to prepare for the closing

- Seller pays for the title insurance

8. Once the construction is finished, you will have 2 weeks to do a walk-thru and close on the purchase

9. Now you own it! Congratulations!!!


2020 Demographics 1– MI 3–MI 5-MI

Total Population 9,860 101,347 258,281

Growth 2010-2020 137.30% 43.50% 29.18%

Growth 2020-2025 17.68% 14.04% 12.83%

Average Household Income $159,384 $139,177 $125,933

Median Household Income $134,396 $108,411 $97,014

Total Daytime Population 36,768 169,905 311,660

- At Home Daytime Population 13,225 95,326 182,824

- Total Employees 23,543 74,579 128,836

(Accessed from Costar.com 2020)

Demographics

Telfair Office Park

Condominiums


AREA OF MINIMAL FLOOD HAZARD

(Zone X) 74’ levee protecting the neighborhood

from the flood


First Colony Mall (1,100,000 Sq Ft)

HOSPITAL

Sugar Land Town Square Plaza

HOTEL & CONFERENCE

CENTER

LAKE POINTE ONE DEVELOPMENT

(134-ROOM HOTEL AND 150,000 SF OFFICE)

(7,500 SEATS)

SUGAR LAND BUSINESS PARK REDEVELOPMENT

PROJECT RETAIL REDEVELOPMENT

SUGAR LAND PERFORMING ARTS CENTER

(CONCERT VENUE: 6,500 SEATS)

SITE

SUGAR LAND BUSINESS PARK (1,000 ACRES AND 8.2 MILLION SQUARE FEET OF COMMERCIAL SPACE)


Rubicon Realty Group LLC was founded in 2009 as a full-service commercial real estate company providing a diverse range of services to its clients through the entire real estate cycle. Each of Rubicon Realty Group principals has been associated with high-profile brokerages and developers such as Trammell Crow Company, Wulfe & Co., CB/Richard Ellis, RKF, and Sugarland Properties. These affiliations have provided profitable, long-term relationships and have established many more with other developers, brokers, and lenders. We provide the following services: PROPERTY LEASING & TENANT REPRESENTATION We are well-versed at structuring triple net, ground, gross/modified gross, and percentage lease deals. We work with both national and local clients, including big-box retailers, grocery stores, hotels, restaurants, banks, franchises, and small business owners looking to make their mark in Texas. Our agents are active members of the International Council of Shopping Centers (ICSC) and participate in ICSC, Austin Retail Live, CCIM and other networking events to bring the latest industry updates to our clients. We utilize all major marketing platforms such as Loopnet, Costar, CityFeet, Showcase, Komreal, and more. LAND SALES Rubicon Realty is a part of the small pool of brokers specializing in commercial land sales, both improved and unimproved. Our clients benefit from our knowledge of the land development process and all the moving parts it involves. INVESTMENT SALES We help our clients underwrite and sell their commercial properties. We also assist with finding, analyzing, and purchasing commercial assets for whatever their objectives are: cash flow, value-add, redevelopment, or long term appreciation. PROPERTY MANAGEMENT Our property management arm takes the frustration and challenges property owners have to deal with when owning their real estate. We provide lease administration, maintenance coordination, rent collection, accounting, expense reconciliation, vendor bidding, and qualification services. Property owners are able to set their own limits of involvement and expense amounts requiring their prior approval.

About Rubicon Realty Group

300 Promenade Way | Suite 200 Sugar Land | TX | 77478 Office: 281.313.0000 www.Rubiconrealty.com

DISCLOSURE: SELLER IS AFFILIATED WITH RUBICON REALTY GROUP LLC. PRINCIPALS OF RUBICON REALTY GROUP LLC HAVE OWNERSHIP INTEREST IN THE PROPERTY

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telfair office park inna - loopnet

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