stunning orporate headquarters near addison airport...4464 sigma road, suite 100 dallas, tx 75244...

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OFFERING MEMORANDUM

15505 Wright Brothers, Addison, Dallas County, TX 75001

Stunning Corporate Headquarters near Addison Airport

ADDISON AIRPORT commercial headquarters | OFFERING MEMORANDUM 2

Irreplaceable Airport Location

OPPORTUNITY

AAA+ Corporate Headquarters Facility near Addison Airport. Completed just 6 years ago, this state of the art facility offers every amenity, an excellent mixture of open and private office, and above standard finishes throughout. Thoughtfully designed, the property could be easily multi-tenanted allowing for a wide variety of flexible configurations.

15505 Wright Brothers

Corporate SF Private Office

Open Office

Executive Office

1st Floor 27,905 40% 60% 0%

2nd Floor 32,309 46% 54% 0%

3rd Floor 13,934 12% 17% 71%

Total 74,148

Building Overview:

Below Replacement Cost

Build Equity vs. Rent

State of the Art Amenities


PROPERTY OVERVIEW

Corporate Building Headquarters Address City/County/State

15505 Wright Brothers Dr. Addison, Dallas County, TX 75001

Additional Lot for Future Midway Road Access

15504 Midway Road, Addison, Dallas County, TX 75001

Location East side of Midway Road between Wiley Post and Wright Brothers intersections with additional frontage on Wright Brothers

Land Area SF 221,894 SF with an additional 33,933 SF of vacant land for future expansion

Rentable Square Footage 74,148 SF

Parking Spaces 250 expandable by 78 on vacant lot

Parking Ratio 3.1/1,000 RSF, expandable to 3.91/1,000 RSF

Brief Description of Improvements

3 story modern, well designed, high quality corporate office building with land for future parking and access.

Year of Construction 2010

Condition of Improvements Excellent—above standard finishes

Corporate SF

1st Floor 27,905

2nd Floor 32,309

3rd Floor 13,934

Total 74,148

*See Page 11

for larger site

map


PROPERTY DESCRIPTION

Built with stone and glass this contemporary building has two wings. One wing is two stories with an efficient open office layout. The second wing features an additional third floor with executive offices and patios. Two centrally located elevators serve all three floors. The construction is excellent quality with features designed with long-term use in mind. The design consists of a combination of executive offices, private offices, open office areas, conference rooms, computer room and ancillary areas including lunch/break room, storage areas, hallways, common areas, fitness and bathroom facilities. An additional feature are several decks on the third floor.

Exterior

Finishes:

• High End Travertine Stone • Bronze Glass and Curtain Wall/Storefront

System • Stainless Steel and Glass Handrail System

Roof:

• Bronze Standing seam Metal Roof – 20 Year warranty

• Thermoplastic Polyolefin (TPO) Roofing System – 20 year warranty

Shell: • Shell is constructed from structural steel,

composite concrete deck, concrete piers/slab, metal stud framing


PROPERTY DETAILS

Interior

Finishes:

• Venetian Plaster and wood paneling • Glass Mosaic Wall Tile • Stainless Steel Wall Panels by Forms and Surfaces • Oversized Floor Tile and Broadloom Carpet • High End Conference Room Glazing by Paragon • Stainless Steel and Glass Handrail System by HDI Railing Systems • Granite Countertops • Motorized Window Shades and Automatic Solar Tracking Control

System Shades on East Side

Lighting: • LED Lighting • High End Specialty Indoor and Outdoor Fixtures by Louis Poulsen,

Bega, Finelite, Color Kinetics, Zumtobel

Elevator: • Thyssen Krup manufacturer and maintenance

HVAC: • 250 ton packaged Induced-Draft Cross Flow Cooling Tower • Trane Variable Air Volume Terminal Units • Energy Management System and Direct Control System

Backup Power: • 480V l 3 phase l 250 KW • Caterpillar diesel generator • OPS system for computer facility

Safety: • Wet fire sprinkler system (recessed heads in most areas) • Smoke detection system • Access control by Lenel Systems


PROPERTY PHOTOS MAIN HQ


FLOOR PLAN FIRST FLOOR HQ


FLOOR PLAN SECOND FLOOR HQ


FLOOR PLAN THIRD FLOOR HQ


PLAT MAP


SITE MAP


ABOUT

Addison is a suburb of Dallas and shares boundaries with Dallas, Carrollton, Farmers Branch and Richardson. It benefits from excellent access to a network of highways, tollways, and thoroughfares. There is a high percentage of commercial development providing a strong economic and tax base.

• Addison covers a 4.35 square mile area just North of Dallas • Has more than 190 restaurants • Addison has 24 hotels with over 4,500 rooms • Addison has a population of only 16,000 residents, but its business and daytime population exceeds 100,000 a day • Addison Airport is the 3rd largest general aviation airport in the country and boasts a runway of 7,200 feet • DART mass transit operates currently with busses and a connection to the future Cotton Belt Rail Line

• Downtown Dallas 20 minutes South

• Legacy/Plano/Frisco 15 minutes North

• Las Colinas/Irving 18 minutes West

• Richardson Telecom Corridor 20 minutes East

• DFW Airport 18 minutes West

• Love Field 15 minutes


AREA AERIAL

Main HQ

Additional

Land

Mid

way

Rd

Wiley Post Rd


AREA AERIAL


PARKING MAP

Main HQ

Future Parking and

Midway Entrance


ADDISON AIRPORT

Addison Airport (ADS) is conveniently located in the heart of the North Dallas business district, close to Downtown Dallas, Plano Legacy Corridor, Richardson and Frisco.

ADS is home to more than 650 based aircraft with 90,000+ annual operations. Serving the general-aviation public with two exceptional FBOs; an FAA control tower; 24-hour Customs services; and the only EMAS at a small airport in the Southwest.

ADS Services and Features:

• FAA Control Tower

• 24-hour U.S. Customs

• 7,200-foot runway to accommodate larger aircraft

• Two 24-hour full service fixed base operators: Million Air & Atlantic Aviation

• 24-hour security

• 650 based aircraft

• No touch-and-go training operations allowed

• Upscale hotels, restaurants & shopping

Photo credit: Scott Slocum


REGIONAL MARKET INFORMATION

The Dallas/Fort Worth Metroplex economy is well-diversified and internationally oriented. D/FW has historically been among the leading cities in the U.S. for attracting corporate relocations and creating new jobs. The vibrant economy along with the Metroplex’s strategic location midway between the East and West coasts, low business costs, diversified economic base, highly educated workforce, available capital, and efficient transportation system with a huge centrally located airport have attracted numerous corporate relocations. As firms continue to seek to cut costs while continuing to attract a talented employee base, it is expected that corporate relocations to Dallas/Fort Worth will continue to accelerate.

Aspects that make DFW an ideal business location include:

• The region’s location in the Central Time Zone, lengthens the productive working day

• No state income tax

• DFW International Airport (the third-busiest in the world and home to American Airlines, the world’s largest airline), Fort Worth Alliance Airport (one of the largest freight-only airports and master-planned distribution systems in the world) and Dallas’s Love Field (home to Southwest Airlines, the preeminent low-fare carrier in the United States)

• Access to a multitude of interstate highway systems

• Proximity to national employment centers

• Pro-business local governments and an advantageous business tax structure Photo credit: Images From Texas


DIVERSE ECONOMY


DFW BUSINESS RELOCATIONS


AREA MAP


CONFIDENTIALITY

Confidentiality Statement and Disclaimer:

The information contained in this package is furnished solely for the purpose of review by a prospective purchaser of Wright Brothers Corporate Center, Addison, Texas (the “Property”) and is not to be used for any other purpose or made available to any other person without the express written consent of Hudson Peters Commercial (HPC). The information contained in this package is from sources deemed reliable, but is not guaranteed by HPC in any way and is subject to change in price, corrections, errors and omissions, prior sale, or withdrawal without notice. Summaries of any documents are not intended to be comprehensive or all-inclusive, but rather a general outline of the pertinent provisions contained herein. Prospective purchasers should rely upon their own financial projections and conclusions without reliance upon the material contained herein and conduct their own independent due diligence, including engineering and environmental inspections, to determine the condition of the Property and the existence of any potentially hazardous material used in the construction or maintenance of the Property or located at the site.

Terms and Conditions Property Tours: Property tours are available by appointment. Prospects may schedule a tour of the property by contacting either Michelle Hudson or Tom Hudson. Terms: All cash; as-is, where-is. Submit Offer to:

Michelle Hudson or Tom Hudson Hudson Peters Commercial 4464 Sigma Road, Suite 100 Dallas, TX 75244 [email protected] [email protected]

Financing Disclosure: Please provide evidence of funding, both equity and debt, if appropriate. Exclusive Advisors:

Tom Hudson Vice President

Michelle Hudson SIOR, CCIM Principal

mailto:[email protected]

mailto:[email protected]

11/2/2015Information About Brokerage Services

Texas law requires all real estate licensees to give the following information aboutbrokerage 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 and

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 coincidental 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.

License No. Phone

Designated Broker of Firm License No. Email Phone

License No. Email PhoneLicensed Supervisor of Sales Agent/Associate

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

DateBuyer/Tenant Seller/Landlord Initials

Regulated by the Texas Real Estate Commission Phone:

Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Hudson Peters Commercial

Hudson Peters Commercial, LLC 582122 [email protected] (972)980-1188Licensed Broker /Broker Firm Name or Primary Assumed Business Name

433516

[email protected] (972)980-1188

Hudson Peters Commercial, 16479 Dallas Parkway, Suite 750 Addison, TX 75001

Information available at www.trec.texas.gov IABS 1-0(972)980-1188 Fax: 972-980-1181 Michelle - IABS

Janice Peters

Lynn Michelle Hudson

Email

stunning orporate headquarters near addison airport...4464 sigma road, suite 100 dallas, tx 75244...

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