DOG HAUS BIERGARTEN CONFIDENTIAL OFFERING MEMORANDUM 20907 STONE OAK PKWY SAN ANTONIO, TX 78258 - Embree Group
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DISCLAIMER & CONFIDENTIALITY The information contained herein is proprietary and strictly confidential. It is intended to be reviewed only by the Exclusively Offered By party receiving it from the Embree Group of Companies (Embree Group) and should not be made available to any other person or entity without the written consent of the Embree Group (the Embree Group collectively refers to Embree Capital Markets Group, Inc., Embree Asset Group, Inc., Embree Healthcare Group, Inc., and Embree Construction Group, Inc.). This brochure has been prepared to provide summary information to prospective investors and to establish a preliminary level of interest in establishing an investment relationship with the Embree Group, which may or may not include the sale or purchase of any specific property referenced herein. Several Embree Group employees are licensed real estate agents and brokers in various states. The information contained herein is not a substitute for a thorough due diligence investigation. The Embree Group has supplied information in this brochure from sources we believe are reliable; however, all potential Buyers and Investors must take appropriate measures to investigate and verify the income and expenses for any specific property, the future projected financial performance of any specific property, the size and square footage of any specific KLINTON LEWIS property and its improvements, the presence or absence of contaminating substances, PCB’s or asbestos, BROKERAGE ASSOCIATE the compliance with State and Federal regulations, the physical condition of the improvements thereon, or O 512.819.4729 M 512.630.9758 KLEWIS@EMBREEGROUP.COM the financial condition or business prospects of any tenant or any tenant’s plans or intentions to continue its occupancy of any specific property. The Embree Group reserves the right to withdraw this solicitation at any time without prior notice. The information contained herein is based upon sources deemed to be reliable, but the accuracy of the information is not guaranteed, nor should the information contained herein be considered all inclusive. Statements contained herein which involve matters of opinion, whether or not identified to be that only, are not representations of fact. The price and terms of this offering may be subject to change at any time. The Embree Group is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of the Embree Group, its affiliates or subsidiaries, or any agent, product, or commercial listing of The Embree Group, and is solely included for the purpose of proving tenant lessee information about this listing to prospective customers. JOSIAH BYRNES Embree affiliates have an ownership interest in the subject property. EXECUTIVE VICE PRESIDENT 2 DOG HAUS SAN ANTONIO, TEXAS
TABLE OF CONTENTS 01 Executive Summary 5 6 7 02 The Property Site Map 9 Elevations 10 03 Maps & Aerials Site Aerial 12 Surrounding Aerial 13 Local Context 14 Regional Context 15 04 Analytics Demographic Analysis 17 3 DOG HAUS SAN ANTONIO, TEXAS
PROPERTY & THE OFFERING LEASE DETAILS Address 20907 Stone Oak Pkwy San Antonio, TX 78258 Tenant Tex-Dog Stone Oak LLC Guarantor Two High Net-Worth Guarantors Offering Overview & Tex-Dog Hospitality, LLC* Embree Capital Markets is pleased to offer for sale, a high-quality, single-tenant, net-leased, restaurant asset. It is a unique opportunity for an SITE DESCRIPTION investor to acquire a build-to-suit, well-located Year Built 2021 property in a desirable Texas geography. Building SF Approx. 2,894 SF Patio SF Approx. 835 SF PURCHASE PRICE Lot Size 1.20 Acres $3,770,000 INVESTMENT SUMMARY CAP RATE Single-Tenant Restaurant Fee-Simple 6.75% $254,412 $21,201 ESTIMATED NOI 6.75% $254,412 $3,770,000 04.09.2021 04.08.2041 LEASE TYPE 20-Years ABSOLUTE NNN Absolute NNN Three, 5-Year 10% Every 5-Years 5 DOG HAUS SAN ANTONIO, TEXAS *GUARANTOR FINANCIALS ARE AVAILABLE WITH A SIGNED NDA
AREA OVERVIEW San Antonio, Texas San Antonio is the second most populous city in both Texas and the Southern United States and the seventh largest city in the United States. The city serves as the county seat for Bexar county with a population of over 1.5 million residents in 2019. The subject property is located in North San Antonio, approximately 17 miles from downtown San Antonio and 10 miles north of the San Antonio International Airport. The city is known as a top tourist destination that hosts 37 million visitors annually and providing an economic impact of over $15 million with attractions such as The Riverwalk, The Alamo, SeaWorld, and Six Flags Fiesta Texas. The city is also home to four major military bases and is home to one of the largest active and retired military populations in the United States. 6 DOG HAUS SAN ANTONIO, TEXAS
COMPANY OVERVIEW REPRESENTATIVE RENDERING Investment Summary Dog Haus is a craft casual hot dog concept known and antibiotic-free meat. All dogs, sausages, for its gourmet hot dogs, sausages, burgers and burgers and the fried chicken sandwich are a one of a kind fried chicken sandwich. Founded served on grilled King’s Hawaiian rolls. Guests Company Type Private by partners Hagop Giragossian, Quasim Riaz can choose from signature Haus creations or Store Count 56+ and André Vener, three friends who share a customize their own from a wide array of unique passion for good food, creativity, quality and toppings. To chase it down, guests can select Headquarters Pasadena, CA commitment to community, the first Dog Haus great craft beers from a tap list emphasizing opened in Pasadena, California in 2010. Dog local favorites, and they can finish their meals Website www.DogHaus.com Haus has garnered critical acclaim and national on a sweet note with premium shakes or soft- Franchisee Two Personal attention for its signature all beef dogs and hand serve ice cream. Open daily, Dog Haus currently crafted sausages with no added nitrates, 100% has 56+ restaurants, biergartens, venues, and Guarantor Two High Net-Worth Guarantors Black Angus beef burgers, and a fried chicken kitchens open and 16+ in development across & Dog Haus Worldwide, LLC sandwich, all of which are made with hormone- 18 states. 7 DOG HAUS SAN ANTONIO, TEXAS
ELEVATIONS 12’ 4’ - 0” 4’ - 0” 6’ - 6.65” 6” 25.19” 5.47” 13.19” 9’ - 3.18” 21’ 24’ 14’ - 6” 36’ FRONT 9’ 3’ - 0” 3’ - 0” 5’ - 3.38” 4.2” 4.1” 9.9” 18.9” 12’ - 5” 6’ - 11.45” 21’ 24’ 3’ - 6” 5” 8’ - 6” 21’ 23.18” 3’ - 6” 5” 12.25” DISCLAIMER: Renderings are for graphic purposes only and not intended for actual construction dimensions. For windload requirements, actual dimensions and mounting detail, please refer to engineering specifications and install drawings. 14’ - 2” These drawings and designs are the exclusive property of Everbrite LLC Use of, or duplication in any manner without express written permission of Everbrite LLC is prohibited. Customer: Dog Haus 8’ - 3” Customer Approval: Graphics and colors on file will be used unless otherwise specified by Description: 4’ - 0” Faux Neon Logo, Biergarten - DSB Push Thru Acrylic Sign. customer. Please review drawing carefully. By signing below, you agree to graphics as Project No: 418723-2 Scale: NTS shown above, and to location of sign as shown. Please return signed copy back to Everbrite. Date: 10/16/19 Drawn By: DB CUSTOMER SIGNATURE DATE Location & Site No: Stone Oak, TX 18’ DHSTONE OAK 65’ LANDLORD SIGNATURE 65’ DATE RIGHT SIDE LEFT SIDE DISCLAIMER: Renderings are for graphic purposes only and not intended for actual construction dimensions. For windload requirements, actual dimensions and mounting detail, please refer to engineering specifications and install drawings. DISCLAIMER: Renderings are for graphic purposes only and not intended for actual construction dimensions. For windload requirements, actual dimensions and mounting detail, please refer to engineering specifications and install drawings. These drawings and designs are the exclusive property of Everbrite LLC Use of, or duplication in any manner without express written permission of Everbrite LLC is prohibited. These drawings and designs are the exclusive property of Everbrite LLC Use of, or duplication in any manner without express written permission of Everbrite LLC is prohibited. Customer: Dog Haus Customer Approval: Graphics and colors on file will be used unless otherwise specified by Customer: Dog Haus Customer Approval: Graphics and colors on file will be used unless otherwise specified by Description: 3’ - 6” Faux Neon Logo, Biergarten - DSB Push Thru Letter Sign. Description: 3’ - 0” Faux Neon Logo, Biergarten - DSB Push Thru Letter Sign. customer. Please review drawing carefully. By signing below, you agree to graphics as customer. Please review drawing carefully. By signing below, you agree to graphics as Project No: 418723-2 Scale: NTS shown above, and to location of sign as shown. Please return signed copy back to Everbrite. Project No: 418723-3 Scale: NTS shown above, and to location of sign as shown. Please return signed copy back to Everbrite. Date: 10/17/19 Drawn By: DB Date: 10/16/19 Drawn By: DB CUSTOMER SIGNATURE DATE Location & Site No: Stone Oak, TX CUSTOMER SIGNATURE DATE Location & Site No: Stone Oak, TX 10 DOG HAUS SAN ANTONIO, TEXAS DHSTONE OAK DHSTONE OAK LANDLORD SIGNATURE DATE LANDLORD SIGNATURE DATE
03 MAPS & AERIALS Site Aerial 12 Surrounding Aerial 13 Local Context 14 Regional Context 15
SITE AERIAL STONE OAK PARKWAY 38,957 VPD US HIGHWAY 281 77,781 VPD N DOG HAUS SAN ANTONIO, TEXAS
SURROUNDING AERIAL 5 MIN DRIVE 9 MIN DRIVE LOOP 1604 65,706 VPD N DOG HAUS SAN ANTONIO, TEXAS
LOCAL CONTEXT N SUBJECT PROPERTY IS APPROXIMATELY 18 MILES FROM DOWNTOWN SAN ANTONIO. DOG HAUS SAN ANTONIO, TEXAS
REGIONAL CONTEXT N SUBJECT PROPERTY IS APPROXIMATELY 270 MILES FROM DALLAS, 200 MILES FROM HOUSTON, AND 75 MILES FROM AUSTIN. DOG HAUS SAN ANTONIO, TEXAS
04 ANALYTICS Demographic Analysis 17
DEMOGRAPHIC ANALYSIS POPULATION 1 MILE 3 MILES 5 MILES 2025 Projection 8,562 79,828 166,072 2020 Estimate 7,886 74,072 154,983 Growth 2020-25 8.57% 7.77% 7.15% HOUSEHOLDS 2025 Projection 3,091 27,466 59,423 2020 Estimate 2,847 25,545 55,652 Growth 2020-25 8.57% 7.52% 6.78% AVG. HOUSEHOLD INCOME Average Household Income $108,007 $121,330 $114,847 Less than $25,000 303 1,891 4,522 $25,000 - 50,000 320 3,141 8,040 $50,000 - 75,000 547 3,854 8,870 $75,000 - 100,000 442 3,854 8,169 $100,000 - 150,000 687 6,363 13,330 $150,000 - 200,000 265 3,124 6,222 $200,000+ 284 3,348 6,499 DOG HAUS SAN ANTONIO, TEXAS
ABOUT EMBREE GROUP Embree Group of Companies provides nationwide turnkey real estate services, specializing in build-to- suit development, design/build, general construction, program management, and capital markets for specialty retail, financial, automotive, restaurant, healthcare and senior living facilities. Embree’s fully integrated, in-house services allow us to become an extension of the client’s organization. Since 1979, Embree’s foundation has been built on developing tailored programs for 300+ national clients. The firm is headquartered near Austin, Texas, with regional offices located in Phoenix and the DFW area. Over the past 40 years, Embree’s executive team has developed, built, or transacted more than 14,000 assets in all 50 states, Puerto Rico, and Canada with a total market value in excess of $10 billion. Contact Details For more information about this listing, please contact: KLINTON LEWIS BROKERAGE ASSOCIATE KLEWIS@EMBREEGROUP.COM O 512.819.4729 M 512.630.9758
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