lake woodlands crossing retail development · 2020. 3. 31. · the howard hughes corporation owns,...
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The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. 2/2020
JACOB WEERSINGCapital Retail Properties281.616.5938 832.344.6185 cell
ERIC WALKERCapital Retail Properties281.816.6551ewalker@capitalretailpartners
Frontage and visibility on Lake Woodlands Drive and Grogan’s Mill Road
Retailers include Total Wine, Ulta Beauty, Flower Child, French Cuff Boutique, Stickhouse Gelato, Main Squeeze Juice Company, Massage Heights, Reach Stretch Studios, Houston Natural Mattress, and Beaux Toes
Surface parking
±62,000 SF of retail space
Inline bay depth of ±75 feet
Individual loading docks
Rare opportunity in The Woodlands Town Center
Located on Lake Woodlands Drive between Six Pines Drive and Grogan’s Mill Road.
Located next to 24 Hour Fitness and across the street from Market Street and H-E-B
Minutes from I-45, just north of the ExxonMobil campus and 30 minutes north of Houston’s Bush Intercontinental Airport
The Woodlands is home to more than 117,000 residents; over 67,000 people work in The Woodlands
PROPERTY FEATURES LOCATION FEATURES
Lake Woodlands Crossing Retail DevelopmentNortheast Corner of Lake Woodlands Drive & Grogan’s Mill RoadThe Woodlands, Texas
LastOpportunity
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. 2/2020
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oad
Lake Woodlands Drive
N
Flower Child
±3,575 SF
SpaceAvailable
Sti
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use
Gel
ato
±1,8
75 S
F
Fren
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1,39
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Bea
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3,37
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Executed Leases
In Negotiations
Space Available
±10,000SF±5,664
SF
±25,000 SF
cross access
Lake Woodlands Crossing Retail DevelopmentNortheast Corner of Lake Woodlands Drive & Grogan’s Mill RoadThe Woodlands, Texas
±2,194 SF29’ (storefront)75’ (bay depth)
±3,470 SF57’ (storefront)75’ (bay depth)
Demising Option 1 Demising Option 2
±3,019 SF46’ (storefront)75’ (bay depth)
±2,645 SF41’ (storefront)75’ (bay depth)
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. 2/2020
Lake Woodlands Crossing Retail DevelopmentNortheast Corner of Lake Woodlands Drive & Grogan’s Mill RoadThe Woodlands, Texas
Lake Woodlands Crossing Retail Development
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. 2/2020
Source: BGE
Source: Metrostudy / Neustar, Inc.
JACOB WEERSINGCapital Retail Properties281.616.5938 832.344.6185 cell
ERIC WALKERCapital Retail Properties281.816.6551ewalker@capitalretailpartners
Lake Woodlands Crossing Retail DevelopmentNortheast Corner of Lake Woodlands Drive & Grogan’s Mill RoadThe Woodlands, Texas
POPULATION 1-mile 3-mile 5-mile
2018 6,158 63,928 157,523
2023 Projected 7,217 72,309 178,250
NUMBER OF HOUSEHOLDS2018 3,076 27,065 60,356
2023 Projected 3,615 30,647 68,334
MEDIAN AGE2018 47 40 38
2023 Projected 48 42 40
AVERAGE HH INCOME2018 $166,161 $115,682 $124,444
2023 Projected $168,390 $117,523 $126,151
MEDIAN HH INCOME2018 $135,331 $83,155 $94,429
2023 Projected $138,942 $84,676 $95,893
% INCOME OVER $75K2018 70.6% 53.9% 59.6%
2023 Projected 71.1% 54.8% 60.3%
% INCOME OVER $100K2018 61.2% 41.5% 47.1%
2023 Projected 62.3% 42.6% 48.0%
AREA DEMOGRAPHICS
TRAFFIC COUNTS
Waterway Square®
Cynthia Woods Mitchell Pavilion
Hughes Landing
Market Street
24,697 on Lake Woodlands Drive 19,447 on Grogan’s Mill Road
KatyN
Houston
45 69
45
86
1960
8
6
146
99
99
99
59
1010
610
610
529
362
Fry
Rd.
Kat
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ockl
ey R
d. 290
59
8
Gra
nd P
kwy.
Gran
d Pkwy.
1097
242
105105
1488
830
2/2020
Plans and renderings are artist’s concepts and are subject to change. All information provided regarding this property is from sources deemed to be reliable; however, no warranty of representation is made to the accuracy thereof.
The Howard Hughes Corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the U.S. Our properties include master planned communities, operating properties, development opportunities and other unique assets spanning 14 states from New York to Hawai‘i. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC with major offices in New York, Columbia, MD, Dallas, Houston, Las Vegas and Honolulu.
Location The Woodlands, a 28,000-acre master planned community, is located 27 miles north of downtown Houston, TX and 20 miles from Houston’s Bush Intercontinental Airport.
Facts More than 117,000 people live in The Woodlands’ nine residential villages. The Woodlands is home to approximately 2,200 businesses that employ over 67,000 people. Since 1990, The Woodlands has been one of the best-selling master planned communities in the U.S.
Memorial Hermann The Woodlands Hospital with 304 beds
CHI St. Luke’s Health-The Woodlands Hospital with 242 beds
CHI St. Luke’s Health-Lakeside Hospital with 30 beds
Texas Children’s Hospital The Woodlands
Houston Methodist The Woodlands Hospital
MD Anderson Cancer Center (opening 2019) ME
DIC
AL
Approximately 200 specialty and family restaurants
Restaurant Row at Hughes Landing
The Woodlands Resort with 406 deluxe guest rooms, 60,000 square feet of meeting space, 36 holes of golf, spa and lazy river
The Westin at The Woodlands with 302 guest rooms and 15,000 square feet of meeting and event space
Embassy Suites by Hilton The Woodlands at Hughes Landing with 205 suites and over 3,000 square feet of meeting and banquet space
The Woodlands Waterway Marriott Hotel & Convention Center with 343 guest rooms and 70,000 square feet of meeting space
DIN
ING
/HO
SP
ITA
LIT
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EC
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ATIO
N
The Woodlands Waterway® in Town Center
3 membership clubs with 135 holes of golf, including The Club at Carlton Woods
The Cynthia Woods Mitchell Pavilion, an outdoor amphitheater that accommodates 16,500 people
200 220
2147 42
7,665
76
acres of green space
outdoor tennis courts
acres Lake Woodlands
miles of hike and bike trails
YMCA facilities
neighborhood parks
religious congregations
Convenient access to Houston’s Bush Intercontinental Airport
Pedestrian-friendly commercial and retail space
23.5 8.2million sq ft of office, research, institutional and industrial space
million sq ft of retail, including Hughes Landing, a 66-acre mixed-use development on Lake Woodlands, The Woodlands Mall and Market Street
BU
SIN
ES
S
Conroe, Tomball and Magnolia Independent School Districts
Lone Star College-Montgomery, part of the Lone Star College System
ED
UC
ATIO
N
23 10 13,000+area, highly acclaimed public schools
private schools
students enrolled in college courses
The Woodlands Development Company1790 Hughes Landing Blvd., Suite 600The Woodlands, TX 77380TheWoodlands.com
JACOB WEERSINGCapital Retail Properties281.616.5938 832.344.6185 cell
ERIC WALKERCapital Retail Properties281.816.6551ewalker@capitalretailpartners