property4 – Knakedodge.com

Viridian Medical Park

MEDICAL OFFICE FOR LEASE OR SALE IN N. ARLINGTON

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4140 N. Collins

Arlington, Texas 76055

10,000 SF | 2 AC

Available

2,000 - 5,000 SF

Contiguous

$32.50 PSF

Base Rate + NNN

$12,500,000

Total Price

Description

This is all the information that you will need to know about this property.

Brand new office campus with large floor plates
Big block opportunity – 172,000 SF total
Located in trendy East Austin
Within walking distance to dining, retail and entertainment amenities
Steps away from Grizzelda’s, Jacoby’s and Tillery Kitchen
Private tenant patios and abundant outdoor space
Fitness center, showers and bike storage
Community amenities include rotating local art displays, shared conferencing, indoor/outdoor café area, and outdoor food service by way of a permanent airstream
Building and monument signage available
3.3:1000 parking
Multiple access points – one from Cesar Chavez Street and two from Tillery Street
Developed by Cypress Real Estate Advisors
Parking: $85/space/month

DOCUMENTS

Siteplan

Aerial

IABS

Confidential DOCs

Offering Memorandum

Rent Roll

2017-2020 YTD Operating Statement

Spaces Available (2)

100

Suite

5,400 SF

Available Space

$32.50

Base Rate + NNN

200

Suite

2,200 SF

Available Space

$33.50

Base Rate + NNN

Demographics

ESRI

2018 Est. Avg. HH In

2018 Est. Avg. HH In

1 Mile

$125,900

36,000

2 Mile

$125,900

69,000

3 Mile

$130,999

169,000

Traffic

Source: TxDot

Preston Rd

North Tollway

VPD

69,000

120,000

CONTACTS

Nancy Plum

817.437.9304

Becky Compton

817.437.9304

Nearby Tenants & Amenities

KnakeDodge & Company has been exclusively retained by Owner to represent the offering of its interest in The Property. The undersigned Recipient hereby acknowledges and agrees that certain confidential information which has been or may be disclosed in the future is intended solely for Recipient’s own limited use in considering whether to pursue negotiations to acquire the property listed above.

Neither Owner nor KnakeDodge & Company or any of their officers, employees or agents make any representation or warranty, expressed or implied, as to the accuracy or completeness of this confidential information and no legal liability is assumed or shall be implied with respect thereto.

Information provided has been or will be gathered from sources that are deemed reliable but Owner or KnakeDodge & Company does not warrant or represent that the information is true or correct. Recipient is advised to verify information independently. Owner or KnakeDodge & Company reserves the right to change the price, or any information provided or to withdraw the Property from the market at any time without notice.

Recipient agrees that the information provided is confidential, that Recipient will hold and treat it in the strictest of confidence, that Recipient will not, directly or indirectly, disclose or permit anyone else to disclose this information to any other person, firm or entity without prior written authorization of Owner or KnakeDodge & Company and that Recipient will not use, or permit to be used, this information in any fashion or manner detrimental to the interest of the Owner or KnakeDodge & Company. Photocopying or other duplication is strictly prohibited.

While Owner and/or KnakeDodge & Company may discuss the purchase and sale of the Property with Recipient, either Owner or KnakeDodge & Company in our sole and absolute discretion, may terminate discussions at any time and for any reason. Recipient acknowledges Owner has no obligation to discuss or agree to the sale of any of the Property. The discussions may be lengthy and complex, notwithstanding that we may reach one or more oral understandings or agreements on one or more issues we are discussing, neither of us shall be bound by any oral agreement of any kind and no rights, claims, obligations or liabilities of any kind, either expressed or implied, shall arise or exist in favor of or be binding upon either Owner or KnakeDodge & Company except to the extent expressly set out in a written agreement signed by both Owner and KnakeDodge & Company.

The Recipient acknowledges and agrees that they are acting in the capacity of a Principal and not an agent of or acting on behalf of any other party in connection with the purchase of the Property, and as a Principal will not look to the Owner or KnakeDodge & Company for any brokerage commissions, finder’s fees, or other compensation in connection with the sale of the Property or any interest therein. The Recipient further acknowledges that it has not had any discussions regarding the Property with any broker or agent other than KnakeDodge & Company.

THE OWNER EXPRESSLY RESERVES THE RIGHT AT ITS SOLE DISCRETION TO REJECT ANY OR ALL PROPOSALS OR EXPRESSIONS OF INTEREST IN THE PROPERTY AND TO TERMINATE DISCUSSIONS WITH ANY PARTY AT ANY TIME WITH OR WITHOUT NOTICE.

If you do not wish to pursue negotiations leading to this acquisition, or if in the future you discontinue such negotiations, you agree to return all confidential information to Owner or KnakeDodge & Company. Otherwise, please enter and acknowledge through the form below and submit.

THIS CONFIDENTIAL INFORMATION SHALL NOT BE DEEMED AS REPRESENTATIVE OF THE STATE OF AFFAIRS OF THE PROPERTY OR CONSTITUTE AN INDICATION THAT THERE HAS BEEN NO CHANGE IN THE BUSINESS OR AFFAIRS OF THE PROPERTY SINCE THE DATE OF PREPARATION OF THE MEMORANDUM.