REDNews November 2013 SE Texas

Page 27

Baceline Investments is looking to buy $20mm in Texas retail properties by year end.

Do you have the property for us?

PROPERTY CRITERIA

Baceline Investments, a Denver-based owner of retail centers across the Heartland, is an all cash purchaser paying buyer agency commissions.

• Retail only • Occupancy level less than 80% • Secondary markets preferred

For more information please contact: Troy Smith, Director of Acquisitions 303.995.8910 | Direct tsmith@bacelineinvestments.com

www.bacelineinvestments.com

± 66.72 Acres of Land

E. Sam Houston Pkwy & S. Lake Houston Pkwy

For Sale

Land Size: • ± 66.72 acres of land

Location: • • • • • • • •

± 2,010’ of frontage on Sam Houston Parkway ± 2,316’ of frontage on S Lake Houston Parkway Key Map 417N High growth area Outside flood plain Excellent access and visibility Located just south of Generation Park’s 3,900-acre Development Traffic count - 45,410 cpd on the Beltway north of S Lake Houston Parkway • Traffic count - 33,211 cpd on the Beltway south of S Lake Houston Parkway • 2012 Tax Rate - 2.332199%

Sale Price: • $3.75/SF

John Ferruzzo, SIOR

Chris Kugle

713 985 4608

713 985 4609

jferruzzo@naihouston.com

ckugle@naihouston.com

NAI Houston

1900 West Loop South, Ste. 500 Houston, TX 77027 713 629 0500 www.naihouston.com

REDNews.com 27


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