sherman town center - newquest propertiesl boker dv l ives s a m t representation space available:...

13
SHERMAN TOWN CENTER Pad Sites, Inline Space, and End Caps Available for Sale or Lease NWQ and SWQ of I-75 and Loy Lake Road | Sherman, Texas Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation Meredith McLeod-Cobb | 281.477.4300

Upload: others

Post on 20-Aug-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

SHERMAN TOWN CENTERPad Sites, Inline Space, and End Caps Available for Sale or Lease

NWQ and SWQ of I-75 and Loy Lake Road | Sherman, Texas

Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

Meredith McLeod-Cobb | 281.477.4300

Page 2: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

Denton

Sherman

Trenton

Celina

Anna

To Dallas

Whitesboro

Gainesville

Marietta

Enville Kingston

Willis

Durant

Caddo

Denison

70

70

75

75

75

69

69

377

380

377

8282

T E X A S160

T E X A S121T E X A S

289

T E X A S503

T E X A S1417

T E X A S1417

12T E X A S

32T E X A S

78T E X A S

11T E X A S

11T E X A S

56T E X A S

56T E X A S

91T E X A S

91T E X A S

43T E X A S

35

35

77

77

T E X A S77S

MAJORAREARETAILERS

“SHERMAN IS GOING TO CONTINUE TO GROW.”

SOURCE: JOHN RUGGIERI, HOEFFER WYSOCKI V.P. DIRECTOR OF URBAN DESIGN

26%POPULATIONGROWTHWITHIN 20 MILES

$74KAVERAGEHOUSEHOLDINCOMEWITHIN 20 MILES

576,848CURRENTPOPULATIONIN TRADE AREA

SHERMAN TOWN CENTERSHERMAN, TEXAS

PROJECT HIGHLIGHTS

MEREDITH [email protected]

Page 3: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

70%OWNER-OCCUPIEDHOUSING UNITSWITHIN 20 MILES

LARGEST REGIONAL SHOPPING CENTER BETWEEN DALLAS AND OKLAHOMA CITY

DESTINATION SPOT FOR DINING, SHOPPING, AND ENTERTAINMENT FOR NORTH TEXAS AND SOUTHERN OKLAHOMA

CENTER INCLUDES MAJOR NATIONAL RETAILERS: TARGET, PETCO, ROSS, WALMART SUPERCENTER, AND HOME DEPOT

AVAILABLE:1.13-ACRE PAD SITE35,000-SF RETAIL SPACE4,600-SF END CAP1,845-SF END CAP

PROJECT HIGHLIGHTS

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 4: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

LOY LAKE RD.

75

82

75

4,600 SFAvailableFor Lease

End CapFor Lease

35,000 SFRetail Space

Available

Pad SiteFor Sale

09.20 | 10.19

AERIAL

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 5: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

09.20 | 12.19

I N T E R S TAT E H I G H WAY 7 5

HIG

HW

AY

82

N T R AV I S S T R E E T

LOY L A K E R OA D

LEASE: 4,600 SF

LEASE: 1,845 SF

FU

EL

ST

AT

ION

FU

EL

ST

AT

ION

FUTURE

LEASE

35,000 SF

FUTURELEASE

12,600 SF

DETENTION

TRACT 2

TRACT 1

DE

TE

NT

ION

TR

AC

T 3

TR

AC

T 3

B

PAD 1A

TRACT 5

FUTUREDEVELOPMENT

FUTUREDEVELOPMENT D

ET

EN

TIO

N

RESERVETRACT

CREEK

1

2

3

11

12

7 8

910

4

5

6

13

KEY BUSINESS LEASE AREAS

1 Available Pad For Sale 49,312 SF

2 Future Lease 35,000 SF

3 Future Lease 12,600 SF

4 Available For Lease 4,600 SF

5 Proposed Aria Nails 3,800 SF

6 Kay Jewelers 2,555 SF

7 Nail Salon 1,395 SF

8 Sleep Number 2,450 SF

9 Mooyah Burgers 2,100 SF

10 Total Nutrition 1,155 SF

11 Great Clips 900 SF

12 Available For Lease 1,845 SF

13 Select ER 8,400 SF

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART

SITE PLAN

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 6: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

09.20 | 12.19

HIG

HW

AY

82

N T R AV I S S T R E E T

FUTURE

LEASE

35,000 SF

FUTURELEASE

12,600 SF

TRACT 2

TRACT 1

RESERVETRACT

CREEK

1

2

3

KEY BUSINESS LEASE AREAS

1 Available Pad For Sale 49,312 SF

2 Future Lease 35,000 SF

3 Future Lease 12,600 SF

I N T E R S TAT E H I G H WAY 7 5

HIG

HW

AY

82

N T R AV I S S T R E E T

LOY L A K E R OA D

LEASE: 4,600 SF

LEASE: 1,845 SF

FU

EL

ST

AT

ION

FU

EL

ST

AT

ION

FUTURE

LEASE

35,000 SF

FUTURELEASE

12,600 SF

DETENTION

TRACT 2

TRACT 1

DE

TE

NT

ION

TR

AC

T 3

TR

AC

T 3

B

PAD 1A

TRACT 5

FUTUREDEVELOPMENT

FUTUREDEVELOPMENT D

ET

EN

TIO

N

RESERVETRACT

CREEK

1

2

3

11

12

7 8

910

4

5

6

13

VIEW 1

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART

SITE PLAN

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 7: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

09.20 | 12.19

LEASE: 4,600 SF

LEASE: 1,845 SF

TR

AC

T 3

TR

AC

T 3

B

PAD 1A

TRACT 5

11

12

7 8

910

4

5

6

13

I N T E R S TAT E H I G H WAY 7 5

HIG

HW

AY

82

N T R AV I S S T R E E T

LOY L A K E R OA D

LEASE: 4,600 SF

LEASE: 1,845 SF

FU

EL

ST

AT

ION

FU

EL

ST

AT

ION

FUTURE

LEASE

35,000 SF

FUTURELEASE

12,600 SF

DETENTION

TRACT 2

TRACT 1

DE

TE

NT

ION

TR

AC

T 3

TR

AC

T 3

B

PAD 1A

TRACT 5

FUTUREDEVELOPMENT

FUTUREDEVELOPMENT D

ET

EN

TIO

N

RESERVETRACT

CREEK

1

2

3

11

12

7 8

910

4

5

6

13

VIEW 2

KEY BUSINESS LEASE AREAS

4 Available For Lease 4,600 SF

5 Proposed Aria Nails 3,800 SF

6 Kay Jewelers 2,555 SF

7 Nail Salon 1,395 SF

8 Sleep Number 2,450 SF

9 Mooyah Burgers 2,100 SF

10 Total Nutrition 1,155 SF

11 Great Clips 900 SF

12 Available For Lease 1,845 SF

13 Select ER 8,400 SF

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART

SITE PLAN

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 8: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

PHOTOS

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 9: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

PHOTOS

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 10: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

SHERMAN TOWN CENTER | SHERMAN, TEXAS

HOUSTON

AUSTIN

SAN ANTONIO

DALLASFORTWORTH

WORK INDEX

TOP EMPLOYERS & EMPLOYEES

Tyson Foods 1,745

Sherman ISD 1,091

Wilson Medical Center 792

Texas Instruments 600

Grayson County 560

Finisar 450

Wal-Mart & Sam’s 450

City of Sherman 429

Alorica 415

Emerson 395

BUSINESS INDEX

TOP INDUSTRIES

Health Care &Social Services

4,485 Jobs600 Establishments

Retailers 3,777 Jobs339 Establishments

Accommodation & Food Services

2,644 Jobs140 Establishments

Manufacturing 3,083 Jobs60 Establishments

Colleges

17 CollegesWithin a 1-Hour

Drive ofSherman

High Schools

86% ofPopulation has

High School Degree

KEY PROJECTS IN 2020-2019

Presco Polymers $190K Investment 180 Jobs

Eternity Tech $3.8M Investment 46 Jobs

Emerson $4.8M Investment 55 Jobs

Tyson $30M Investment 1,703 Jobs

Modular Power $10.2M Investment 105 Jobs

‘12

‘20

‘19‘18‘17

‘16‘15‘14

42,637REGIONALPOPULATION

Population Growth

CITY HIGHLIGHTS

Page 11: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

HOME DEPOT IS THE SINGLE LARGEST HOME IMPROVEMENT RETAILER AND INSTALLER IN THE U.S.

OPERATES MORE THAN 2,200 STORES WITH 400,000 EMPLOYEES ACROSS NORTH AMERICA, MEXICO, AND CANADA

HOME DEPOT OFFERS OVER 35K PRODUCTS IN STORES AND 1 MILLION PRODUCTS ONLINE

TEXAS TARGET STORES BOAST AVERAGE FOOT TRAFFIC OF MORE THAN 126K VISITORS MONTHLY

TARGET IS THE 8TH-LARGEST RETAILER IN THE NATION WITH MORE THAN 1,800 STORES AND 45 FUTURE OPENINGS

350,000+ EMPLOYEES WORLDWIDE WITH REVENUE TOPPING $78 BILLION IN 2020

FORTUNE 500RANKED #37 FOR 2020

FORTUNE 500RANKED #26 FOR 2020

TENANT HIGHLIGHTS

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 12: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

POPULATION 5 MILES 10 MILES 20 MILES TRADE AREA

Current Households 21,300 37,597 65,224 233,489

Current Population 53,045 94,018 164,127 576,848

2010 Census Population 44,235 78,138 132,932 506,622

Population Growth 2010 to 2020 24.11% 23.31% 25.81% 16.98%

2020 Median Age 34.6 37.1 39.4 38.9

INCOME 5 MILES 10 MILES 20 MILES TRADE AREA

Average Household Income $68,804 $71,525 $74,307 $71,509

Median Household Income $57,723 $59,538 $62,086 $55,845

Per Capita Income $26,561 $27,522 $28,515 $27,654

RACE AND ETHNICITY 5 MILES 10 MILES 20 MILES TRADE AREA

White 70.43% 75.60% 80.48% 75.29%

Black or African American 10.40% 8.86% 6.00% 5.77%

Asian or Pacific Islander 2.57% 2.13% 1.60% 1.10%

Other Races 15.04% 11.70% 9.97% 12.55%

Hispanic 21.56% 17.12% 13.34% 10.31%

CENSUS HOUSEHOLDS 5 MILES 10 MILES 20 MILES TRADE AREA

1 Person Household 29.31% 27.36% 25.57% 26.80%

2 Person Households 32.79% 34.19% 35.98% 35.44%

3+ Person Households 37.91% 38.46% 38.44% 37.76%

Owner-Occupied Housing Units 57.90% 64.26% 70.41% 70.10%

Renter-Occupied Housing Units 42.10% 35.74% 29.59% 29.90%

2010 Census, 2020 Estimates with Delivery Statistics as of 10/20

DEMOGRAPHICS

SHERMAN TOWN CENTER | SHERMAN, TEXAS

Page 13: SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE: PAD SITE: 1.13 ACRES RETAIL: 35,000 SF END CAPS: 4,600 SF 1,845 SF SHERMAN TOWN CENTER

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following information about brokerage 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 pro erty 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 confidential 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.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

License No.

License No.

License No.

License No.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

The information herein 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.

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

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

Rev 11.30.20 ct