This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Description• Retail and Restaurant space available for lease• End cap with patio opportunities• Ample, dedicated retail and restaurant parking • 699 multi-family units on site upon completion (2019)• Up to 500,000 sf of planned Class A office space within walking
distance• ACC Highland will have 10,000 students upon Phase 2 opening (2020).
Phase 1 currently has 6,000 students• LEED certified building designs• Q1 2019 Delivery
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
FOR LEASE
Airport Boulevard & Jacob Fontaine Lane | Austin, TX
OverviewAVAILABLE Up to 6,570 Contiguous
(Divisible)
RETAIL GLA 27,590 SF
LEASE RATE Call for Pricing
Demographics 1 MILE 3 MILE 5 MILE
2017 Population 14,846 164,131 342,7362017 Total Households 7,216 69,795 140,5252017 Average HH Income $65,794 $67,516 $80,515Year: 2017 | Source: Esri
ContactT.J. POWELL
512.236.4605 | [email protected]
CARSON HAWLEY512.236.4620 | [email protected]
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Austin, TX
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
Austin, TXA
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Airport Boulevard & Jacob Fontaine Lane | Austin, TX
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
RETAIL #5
1,768 SF
RETAIL #13,460 SF
RETAIL #23,090 SF
RETAIL #34,143 SF
RETAIL #43,890 SF
RETAIL #92,798 SF
RETAIL #82,791 SF
RETAIL #72,067 SF
RETAIL #63,574 SF
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
RETAIL #82,791 SF
RETAIL #92,798 SF
RETAIL #72,067 SF
RETAIL #63,574 SFRETAIL
#51,768 SF
RETAIL #13,460 SF
RETAIL #23,090 SF
RETAIL #34,143 SF
RETAIL #43,890 SF
Airport Boulevard & Jacob Fontaine Lane | Austin, TXSI
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
Airport Boulevard & Jacob Fontaine Lane | Austin, TXP
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COMSRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
Airport Boulevard & Jacob Fontaine Lane | Austin, TXP
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
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HIGHLAND MALL BLVD
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Duval St
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HIGHLANDSTATION
Proposedrelocation
ACCFuture Phase
ACCFuture Phase
St. John’sEncampment
Commons
ACCFuturePhase
ACCHQ
ACC
Potential Retail Below
Parking Garage
Office/Commercial
Residential
Future Infrastructure
CLAYTON LN
HIG
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JACOB FONTAINE LN
DENSON DR
WILL DAVIS DR
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WILHEMINA DELCO DR
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Active Projects
Completed Projects
BUILD TO SUIT OFFICE
500,000 SF Class A Office Large Floor Plates Structured Parking w/ Secure Access Amenity Rich LEED Silver
GATEWAY PLAZA SOUTH GREENWAY
ACADEMIC PARTNERSHIPS
MULTI-TENANT OFFICE
ACC HIGHLAND PHASE 1
ACC BIOSCIENCE INCUBATOR
Gateway Plaza Signature Open Space at Highland’s Front Door, Preserved Heritage Trees In-Design S. Greenway 2+ Acres of Public Open Space, Trails, Workout Areas, Picnic Areas Coming Summer 2017
Conceptual plan and dates. Subject to change without notice
ACC HIGHLAND PHASE 2
ACC Highland Campus Phase 2 Workforce Innovation Center STEM Simulator Lab Digital Media Center Culinary & Hospitality Center Coming Spring 2020
RESIDENTIAL PHASE 1
309 Total Apartment Units 31 Affordable Housing Units Ground-Floor Retail LEED Certified Coming Summer 2017
RESIDENTIAL PHASE 2
390 Total Apartment Units 39 Affordable Housing Units Ground-Floor Retail LEED Certified Groundbreaking 2017
RESTAURANTS & RETAIL
25,000 Square Feet Local Restaurants and Shops Outdoor Dining Space Overlooking Heritage Trees and New Plaza Groundbreaking 2017
Updated March 2017
Happening Now at HighlandFor More Info Visit: www.HighlandATX.com
Happening Now at Highland
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
The TriangleThe TriangleHancock
St. John’s
Allandale
Rosedale
Mueller
Hyde Park
Highland
NorthLoop Windsor Park
Windsor Hills
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183
Lam
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Cesar Chavez St
Airport Blvd
AUSTIN-BERGSTROM
INT’LAIRPORT
HIGHLANDCrestview
Brentwood
Pease Park
UT Austin
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Neighborhood Connectivity Map
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
3 MILE RADIUS: COMMUNITY SNAPSHOT
URBAN CHIC ○ Well educated, over 60% of
residents hold a bachelor’s degree or higher
○ Busy, tech-savvy residents
LAPTOPS & LATTES ○ Health-conscious consumers,
exercise regularly and pay attention to the nutritional value of food
○ Environmentally conscientious
TOP TIER ○ Socially responsible consumers
who aim for a balanced lifestyle ○ Annually, earn more than three
times the US median household income
IN STYLE ○ Affluent market reveals median
household income of $65,600 ○ Married couples, primarily with no
children or single
UP & COMING FAMILIES ○ Young families still feathering the
nest and establishing their style ○ 66% have some college education
or degree
Tapestry Segmentation: Esri, 2015.
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Transit Map
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
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An Affordable & Balanced Mix Neighborhood
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
HIGHLAND: AFFORDABLE, WALKABLE & GREAT SCHOOLS
RANK HOME PRICE MIX WALK SCORE SCHOOL RATING
22 Affordable 63 6.1
REDFIN’S FINDINGSRedfin, a real estate brokerage firm, found that only 14 percent of the country’s neighborhoods hit homebuyers’ top three demands — affordability, walkability, and highly ranked
schools — and four of those neighborhoods are right here in Austin.
Redfin ranked 170 balanced-mix and affordable neighborhoods in the U.S. by their walkability and schools scores. They found that only 24 neighborhoods in the entire U.S. actually meet those top homebuyer requirements. In the top 25 is our own Highland neighborhood, ranked No. 22 nationally.
METHOD & DATA
Redfin used their home sale price data from July 2013 through June 2015. City-specific median family income came from the 2014 one-year American Community Survey.
Redfin considered a home affordable if 28 percent of the local median family income could cover the monthly mortgage and principal payment, assuming the buyer put 20 percent down and took out a 30-year loan with a four percent interest rate. Homes with sale prices 20 percent above that threshold were considered expensive.
To get the price mix of different areas, Redfin summarized the price of recently sold homes in a 500-meter grid. Affordable areas had at least three affordable homes for every expensive home. Areas with a balanced mix of home prices had a ratio of affordable to expensive homes between 0.33 and 3.0. High-end areas had at least three expensive homes for every affordable home. We considered a neighborhood “walkable” if it had a Walk Score of 60 or higher (using Walk Score methodology).
A WALKABLE NEIGHBORHOOD
AFFORDABLE LIFESTYLE
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Austin Community College (ACC)
SRS REAL ESTATE PARTNERS | 901 S. Mopac Expressway Building II, Suite 500 | Austin, TX 78746 | 512.236.4600
ACC HIGHLAND WILL BENEFITCENTRAL TEXANS THROUGH:
○ Programs for careers in digital media, health sciences, and culinary/hospitality fields
○ Professional incubator space ○ A workforce innovation center and on-campus job fairs ○ Partnerships like the one proposed with Rackspace that
will bring 1,200 Rackspace employees to the campus, while also providing scholarships, internships, and specialized instruction
ACC Highland is reinvisioning higher education, and also setting a new standard for mutually beneficial public-private partnerships. Along with its 1.3 million square feet of flexible, cutting-edge educational space, ACC is bringing Highland the financial stability of a fully approved bond package, the enthusiastic support of the local community, relationships with major employers, and perhaps most importantly, the human energy and economic vibrancy of a bustling urban campus.
ACC HIGHLAND PHASE 1• Opened August 2014• 200,000 square feet• 6,000 students• 600-computer ACCelerator learning lab
ACC HIGHLAND PHASE 2• $152 million bond package approved in 2014• Opening Summer 2019• 4,000 students
ACC HIGHLAND PHASE 2 RENDERING
ACC HIGHLAND PHASE ACC HIGHLAND PHASE
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Executive SummaryAirport Boulevard & Jacob Fontaine Lane | Austin, TX
Executive SummaryHighland Phase II Prepared by Esri6101-6199 Airport Blvd, Austin, Texas, 78752 Latitude: 30.32669Rings: 1, 3, 5 mile radii Longitude: -97.71593
1 mile 3 miles 5 milesPopulation
2000 Population 12,852 145,499 290,9482010 Population 12,571 145,694 305,7252017 Population 14,846 164,131 342,7362022 Population 16,225 176,872 369,1672000-2010 Annual Rate -0.22% 0.01% 0.50%2010-2017 Annual Rate 2.32% 1.66% 1.59%2017-2022 Annual Rate 1.79% 1.51% 1.50%2017 Male Population 54.0% 52.1% 51.3%2017 Female Population 46.0% 47.9% 48.7%2017 Median Age 32.4 30.1 30.8
In the identified area, the current year population is 342,736. In 2010, the Census count in the area was 305,725. The rate of change since 2010 was 1.59% annually. The five-year projection for the population in the area is 369,167 representing a change of 1.50% annually from 2017 to 2022. Currently, the population is 51.3% male and 48.7% female.
Median Age
The median age in this area is 32.4, compared to U.S. median age of 38.2.Race and Ethnicity
2017 White Alone 71.7% 67.5% 64.9%2017 Black Alone 5.8% 7.9% 10.5%2017 American Indian/Alaska Native Alone 0.8% 0.9% 0.8%2017 Asian Alone 4.5% 5.7% 6.2%2017 Pacific Islander Alone 0.1% 0.1% 0.1%2017 Other Race 13.4% 14.2% 14.0%2017 Two or More Races 3.6% 3.7% 3.5%2017 Hispanic Origin (Any Race) 36.1% 38.7% 36.6%
Persons of Hispanic origin represent 36.6% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 76.6 in the identified area, compared to 64.0 for the U.S. as a whole.
Households2000 Households 6,184 62,691 119,5172010 Households 6,103 61,852 124,4392017 Total Households 7,216 69,795 140,5252022 Total Households 7,918 75,586 152,3202000-2010 Annual Rate -0.13% -0.13% 0.40%2010-2017 Annual Rate 2.34% 1.68% 1.69%2017-2022 Annual Rate 1.87% 1.61% 1.63%2017 Average Household Size 2.06 2.28 2.33
The household count in this area has changed from 124,439 in 2010 to 140,525 in the current year, a change of 1.69% annually. The five-year projection of households is 152,320, a change of 1.63% annually from the current year total. Average household size is currently 2.33, compared to 2.33 in the year 2010. The number of families in the current year is 64,836 in the specified area.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.
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This information contained herein was obtained from sources deemed to be reliable; however SRS Real Estate Partners makes no guarantees, warranties or representations as to the completeness or accuracy thereof. SRSRE.COM
Executive SummaryAirport Boulevard & Jacob Fontaine Lane | Austin, TX
Executive SummaryHighland Phase II Prepared by Esri6101-6199 Airport Blvd, Austin, Texas, 78752 Latitude: 30.32669Rings: 1, 3, 5 mile radii Longitude: -97.71593
1 mile 3 miles 5 milesMedian Household Income
2017 Median Household Income $42,082 $42,883 $48,4712022 Median Household Income $51,911 $50,429 $54,9742017-2022 Annual Rate 4.29% 3.29% 2.55%
Average Household Income
2017 Average Household Income $65,794 $67,516 $80,5152022 Average Household Income $81,768 $78,903 $91,7122017-2022 Annual Rate 4.44% 3.17% 2.64%
Per Capita Income2017 Per Capita Income $31,155 $29,005 $33,5112022 Per Capita Income $38,894 $33,982 $38,2972017-2022 Annual Rate 4.54% 3.22% 2.71%
Households by IncomeCurrent median household income is $48,471 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $54,974 in five years, compared to $62,316 for all U.S. households
Current average household income is $80,515 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $91,712 in five years, compared to $91,585 for all U.S. households
Current per capita income is $33,511 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $38,297 in five years, compared to $34,828 for all U.S. households Housing
2000 Total Housing Units 6,482 64,894 124,3462000 Owner Occupied Housing Units 2,050 21,755 49,1122000 Renter Occupied Housing Units 4,134 40,935 70,4052000 Vacant Housing Units 298 2,204 4,829
2010 Total Housing Units 6,928 68,933 138,0332010 Owner Occupied Housing Units 1,988 21,878 51,2912010 Renter Occupied Housing Units 4,115 39,974 73,1482010 Vacant Housing Units 825 7,081 13,594
2017 Total Housing Units 8,081 77,502 155,0822017 Owner Occupied Housing Units 2,101 22,521 52,5522017 Renter Occupied Housing Units 5,115 47,275 87,9742017 Vacant Housing Units 865 7,707 14,557
2022 Total Housing Units 8,862 84,040 168,1012022 Owner Occupied Housing Units 2,265 23,762 55,3892022 Renter Occupied Housing Units 5,652 51,824 96,9312022 Vacant Housing Units 944 8,454 15,781
Currently, 33.9% of the 155,082 housing units in the area are owner occupied; 56.7%, renter occupied; and 9.4% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 138,033 housing units in the area - 37.2% owner occupied, 53.0% renter occupied, and 9.8% vacant. The annual rate of change in housing units since 2010 is 5.31%. Median home value in the area is $295,198, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.41% annually to $332,593.
Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.
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Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, 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 information about the property or transaction
received by the broker;• Answer the client’s questions and present any offer to or counter-offer from
the client; and• Treat all parties to a real estate transaction 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 written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information 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 written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder
associated with the broker to each party (owner an buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.
• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted in a
written offer; and• any confidential information or any other information that a party
specifically instructs the broker in writing 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 transaction 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 duties and responsibilities to you, and your obligations under the
representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.
Regulated by the Texas Real Estate Commission Information available at www.trec.texas.govIABS 1-0
SRS Real Estate Partners LLC 9003586 [email protected] 512.236.4600
Licensed Broker/Broker Firm Name or Primary Assumed Business Name
License No. Email Phone
Will Majors 508128 [email protected] 512.236
Designated Broker of Firm License No. Email Phone
T.J. Powell 604495 [email protected] 512.236.4605
Licensed Supervisor of Sales Agent/Associate License No. Email Phone
Carson Hawley 641709 [email protected] 512.236.4620
Sales Agent/Associate’s Name License No. Email Phone
Buyer Initials Tenant Initials Seller Initials Landlord Initials Date
Information About Brokerage ServicesTexas Real Estate Commission (11-2-2015)TR
EC