beltway 8 heb retail development - newquest properties · 2017. 7. 19. · census 2010 households...

07/2015 |10/2015

Durham Park 628 lots

Durham Park 628 lots

Bridgegate 600 lots

Bridgegate 600 lots

Clearwood Crossing900 lots

Clearwood Crossing900 lots

Southbridge500 lots

Southbridge500 lots

Kingspoint Gardens124 lots

Kingspoint Gardens124 lots

Beltway 8 Beltway 8

Fuqua St.Fuqua St.

Kingspoint St.

Kingspoint St.

Blackh

aw

k Blvd.

Blackh

aw

k Blvd.Bracewell

Houston PublicLibrary

Retail & Pad SitesAvailable

Retail & Pad SitesAvailable

8

Fuqua St

Blackhaw

k Blvd

Bea

mer

Rd

Kingsp

oint R

d

610

288

45

8

99

Pasadena

Friendswood

Pearland

Manvel

Houston

Galveston

Deer Park

La Porte

Seabrook

Kemah

Texas City

Dickinson

Alvin

Santa Fe

Clear Lake City3

146

87

35

35

Future

Future

Future

288

288

6

6

146

3

96

35

35

99Future

518

518

45

225

NASA1

NASAJohnson

Space Center

Galveston Bay

Gulf of Mexico

League CityWebster

AreA retAilers

NWC Beltway 8 & Blackhawk Boulevard | Houston, Texas


Demographics 2.00 Mi 3.00 Mi 5.00 Mi

Active Population 58,774 111,011 255,242

Residential Count: 18,727 36,006 83,284

Average Household Income $71,372 $69,400 $67,499

Growth Since 2010 Census 14.20% 11.97% 17.30%

Located on the northwest corner of Beltway 8 (Sam Houston Tollway)

and Blackhawk Boulevard in Houston, Texas, this center has great

accessibility to Interstate 45, Highway 288 and Loop 610 along with

visibility from Beltway 8.

Project Description:

• H-E-B: 94,000 SF

• Specialty Retail Space: 14,000 SF (retail)

• Pad sites fronting Beltway 8 feeder road

Available:

• 3 Pad Sites—for sale or lease

• Proposed multi-tenant retail space—for lease

• 12,675 SF

Traffic Counts:

• 16,085 cars per day on Blackhawk

• 88,530cars per day on Beltway 8

Source: TXDoT, 2013 counts

Rebecca Le 281.477.4327 [email protected]

John Nguyen281.477.4326 [email protected]

Clearwood Crossing 900 lots

Clearwood Crossing 900 lots

Southbridge500 lots

Southbridge500 lotsDurham Park

628 lotsDurham Park

628 lots

Bridgegate600 lots

Bridgegate600 lots

Clearbrook Meadows436 lots

Clearbrook Meadows436 lots

Kirkmont Meadows779 lots

Kirkmont Meadows779 lots

Sagemeadow763 lots

Sagemeadow763 lots

Woodmeadow661 lots

Woodmeadow661 lots

Blackhawk342 lots

Blackhawk342 lots

Green Tee1,338 lotsGreen Tee1,338 lots

SkyscraperShadows710 lots

SkyscraperShadows710 lots

04/2014 | 10/2015

Highw

ay 3 (Old G

alveston Rd.)

Highw

ay 3 (Old G

alveston Rd.)

Almeda Genoa Rd.Almeda Genoa Rd.

Te

lep

ho

ne

Rd

.Te

lep

ho

ne

Rd

.M

ain

St. (3

5)

Ma

in S

t. (35

)

Myk

aw

a R

d.

Myk

aw

a R

d.

McHard Rd.McHard Rd.

Mo

nro

e R

d.

Mo

nro

e R

d.

Pe

arla

nd

Pk

wy.

Pe

arla

nd

Pk

wy.

Hug

hes

Rd.

Hug

hes

Rd.

Blackhawk Blvd.

Blackhawk Blvd.

Kings

poin

t Rd.

Kings

poin

t Rd.

Beamer Rd.

Beamer Rd.

Sabo Rd.

Sabo Rd.Fuqua St.Fuqua St.

Beltway 8Beltway 8

Interstate 45

Interstate 45

SITE

Laura BushElementary

BlackhawkPark

Almeda Mall

AtkinsonElementary School Beverly Hills

Intermediate School

StuchberyElementary School

Dobie HighSchool

El FrancoLee Park

Moore Elementary School

Hobby AirportHobby AirportNWC Beltway 8 & Blackhawk Boulevard | Houston, Texas


SITE AERIAL



SP01

SITE PLAN

TotalSupply

922Q11 12098465 22 240 1,3864461156.2 37.3 1,5351142663Q11 12788432 21 236 1,4734081016.6 43.3 1,4091052334Q11 9774431 22 193 1,394382775.4 43.8 1,409120

3381Q12 10372427 21 196 1,405384915.5 43.9 1,311884402Q12 19052421 21 263 1,3824441757.5 37.4 1,1291082533Q12 21955446 24 298 1,2185081658.0 28.8 1,2721302404Q12 16266478 22 250 1,0995351046.3 24.7 1,276152

1391Q13 15358521 21 232 9875571135.3 21.3 1,5821311282Q13 17549533 22 246 9945161345.5 23.1 1,4391201113Q13 18637519 20 243 8654641135.6 22.4 1,3401162304Q13 17933476 17 229 874455955.8 23.1 1,209109

4481Q14 19247439 20 259 9694661247.1 25.0 983943912Q14 25840455 20 318 8585271958.4 19.5 1,2421365113Q14 29449500 21 364 7556212078.7 14.6 1,2331614144Q14 22067576 19 306 6356531276.4 11.7 1,225185

3291Q15 22942640 18 289 6286701415.4 11.2 1,1461587812Q15 27130656 16 317 9846551805.8 18.0 633152

Beltway 8 & Blackhawk - 5 Mile RadiusHistorical Housing Activity Summary

Qtr UCFinVacAnnClos

QtrClos Total Inv VDL

AnnStarts

QtrStarts

VDLSupply

Ann Lot DelivFut LotsModel

Copyright MetrostudyHouston Residential Survey (2Q15)

Total Households By Year

Copyright MetrostudyHouston Residential Survey (2Q15)

1. Cumulative closings since the Year 2010; Occupied units are recorded from onsite surveyor inspections performed during the Metrostudy residential survey. Closings are calculated as the change in occupied units between quarters.

(YTD)

Household Development Summary

Selected Subdivisions Households By Construction Status

Source Count StatusFutureLots

VacantLots

HousingInventory

OccupiedUnits

AnnualClosings

PotentialHouseholds

Census 70,533

Metrostudy 139 Builtout 0 0 0 11,351

Metrostudy 29 Active 502 984 317 11,518

Metrostudy 4 Future 131 0 0 0

Totals 172 633 984 317 73,402 656 75,336

Beltway 8 & Blackhawk - 5 Mile RadiusHousehold Growth Summary

2.00 Mi 3.00 Mi 5.00 Mi

DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 16,399 32,156 71,003Route Active Residential Count 18,727 36,006 83,284 Census 2010 Average Persons per Household 3.14 3.08 3.06 Census 2010 Population 51,467 99,219 217,818Recalculated Route Lower range 58,771 110,966 255,130Active Population Upper range 58,774 111,011 255,242Census Households vs Route Residential Count 14.20% 11.97% 17.30%

RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 18,727 36,006 83,284Active Residential Count 18,727 36,005 83,282Active Residential Delivery 17,845 34,824 79,526Active Residential Box 882 1,181 3,755Additional Active General Delivery Count - - 2Total Possible Residential Count 19,267 37,078 87,944Additional Possible General Delivery Count - - 2 Census 2010 Households 16,399 32,156 71,003 Population in Households 51,465 99,101 217,5091 Person Household 17.28% 18.80% 19.26%2 Person Household 24.85% 25.22% 25.65%3 Person Household 19.29% 18.87% 18.51%4 Person Household 18.83% 18.00% 17.69%5 Person Household 11.13% 10.70% 10.47%6 or More Person Household 8.62% 8.41% 8.42%Population in Group Quarters 2 118 309Correctional Facilities - Adult - - 3.56%Correctional Facilities - Juvenile - 1.49% 1.48%Nursing Facilities - 64.42% 64.03%College/University Student Housing - - - Military Quarters - - - Other Facilities 100.00% 34.10% 30.93% Total Housing Units 17,441 34,661 77,338Occupied housing units 94.03% 92.77% 91.81%Owner-Occupied Housing Units 69.36% 64.24% 62.61%Renter-Occupied Housing Units 30.64% 35.76% 37.39%

BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 400 766 1,924Active Business Deliveries 1,200 2,668 7,935Possible Business Deliveries 1,306 2,955 8,772Active vs Possible Business Deliveries 8.81% 10.74% 10.55%

Delivery Statistics as of 6/15

2.00 Mi 3.00 Mi 5.00 Mi

POPULATION2015 Estimated Population 52,623 109,929 231,6472020 Projected Population 58,044 121,782 257,0712010 Census Population 50,090 103,771 215,4302000 Census Population 33,610 68,959 161,525 Projected Annual Growth 2015 to 2020 2.1% 2.2% 2.2%Historical Annual Growth 2000 to 2015 3.8% 4.0% 2.9% AGE 2015 Median Age 32.1 31.8 31.9

HOUSEHOLDS2015 Estimated Households 17,061 36,352 77,0112020 Projected Households 18,377 39,287 83,3592010 Census Households 15,904 33,588 70,1282000 Census Households 11,675 23,894 55,395 Projected Annual Growth 2015 to 2020 1.5% 1.6% 1.6%Historical Annual Growth 2000 to 2015 3.1% 3.5% 2.6%

RACE AND ETHNICITY2015 Estimated White 52.1% 53.3% 58.9%2015 Estimated Black or African American 17.1% 15.9% 12.9%2015 Estimated Asian or Pacific Islander 10.8% 10.0% 6.9%2015 Estimated American Indian or Native Alaskan 0.6% 0.5% 0.6%2015 Estimated Other Races 19.4% 20.3% 20.6% 2015 Estimated Hispanic 49.9% 51.2% 53.5%

INCOME2015 Estimated Average Household Income $71,372 $69,400 $67,4992015 Estimated Median Household Income $62,346 $60,693 $58,2342015 Estimated Per Capita Income $23,139 $22,959 $22,449

EDUCATION (AGE 25+)2015 Estimated Elementary (Grade Level 0 to 8) 14.5% 17.7% 19.3%2015 Estimated Some High School (Grade Level 9 to 11) 14.5% 15.5% 16.4%2015 Estimated High School Graduate 22.4% 21.2% 20.7%2015 Estimated Some College 20.9% 18.7% 17.6%2015 Estimated Associates Degree Only 5.8% 5.1% 4.6%2015 Estimated Bachelors Degree Only 12.5% 11.8% 11.5%2015 Estimated Graduate Degree 9.3% 10.0% 9.9%

BUSINESS2015 Estimated Total Businesses 1,089 2,849 7,0872015 Estimated Total Employees 9,322 31,519 76,2722015 Estimated Employee Population per Business 8.6 11.1 10.82015 Estimated Residential Population per Business 48.3 38.6 32.7

2000 - 2010 Census, 2015 Estimates with 2020 Projections



SUMMARYPOSTAL

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

newquest.com

The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. Rev. 10/20/15 TN

Information About Brokerage ServicesApproved by the Texas Real Estate Commission for Voluntary Use Texas law requires

all real estate licensees to give the following information about brokerage services to

prospective buyers, tenants, sellers and landlords.

Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If

you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement.

A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:

(1) shall treat all parties honestly;

(2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner;

(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and

(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless

authorized in writing to disclose the information or

required to do so by The Texas Real Estate License

Act or a court order or if the information materially

relates to the condition of the property.

With the parties’ consent, a broker acting as an

intermediary between the parties may appoint a

person who is licensed under The Texas Real Estate

License Act and associated with the broker to

communicate with and carry out instructions of one

party and another person who is licensed under that

Act and associated with the broker to communicate

with and carry out instructions of the other party.

If you choose to have a broker represent you, you

should enter into a written agreement with the broker

that clearly establishes the broker’s obligations and

your obligations. The agreement should state how

and by whom the broker will be paid. You have the

right to choose the type of representation, if any,

you wish to receive. Your payment of a fee to a

broker does not necessarily establish that the broker

represents you. If you have any questions regarding

the duties and responsibilities of the broker, you

should resolve those questions before proceeding.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Buyer, Seller, Landlord or Tenant Date

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K / 10-10-11

beltway 8 heb retail development - newquest properties · 2017. 7. 19. · census 2010 households...

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