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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
SWC of Beltway 8 & Highway 90 | Houston, Texas
Dean Lane | Ashley Williams |281.477.4300
Proposed - New Forest Town Center
Available For Sale or Lease
10.15 | 4.14
1960
6
90
90
36
105
90
36
6
36
99
249
249TOLLWAY
HCTRA
288
45
610
290
59
45
45
1010
Future
99
Future
99
99
99
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
59
Huntsville
Willis
TheWoodlands
Cleveland
Conroe
Tomball
Cypress
Pearland
HoustonHoustonKaty
10.28.15
SWC of Beltway 8 & Highway 90 | Houston, Texas
Proposed - New Forest Town Center
Demographics 1.00 Mi 3.00 Mi 5.00 Mi
Active Population 5,356 50,184 159,284
Residential Count: 1,657 15,307 47,863
Average Household Income $57,635 $61,152 $56,313
Growth Since 2010 Census 12.20% 22.19% 19.73%Source: USPS Postal Count, 9/15
The Beltway 8 & Wallisville Road intersection has added over
700,000 SF to the trade area with strong retail sales from several
national retail chains. Local residential developments such as
Sonoma Ranch and New Forest Crossing have contributed to a 13%
population increase since the 2010 census and will continue to drive
area growth throughout the future.
Development:
A proposed 750,000 SF regional shopping center
Land Size:
131 Acres
Frontage:
The property has over 3,750 feet of frontage on Beltway 8
and on Highway 90, and 1,100 feet of frontage on Uvalde.
Traffic Counts:
95,287 cars per day on Beltway 8
31,615 cars per day on Highway 90
10.15 | 4.14
Dean Lane 281.477.4334 [email protected]
Ashley Williams281.477.4378 [email protected]
SITE
Highway 90
Highway 9045
,580
CPD
45,5
80 C
PD
95,287 CP
D95,287 C
PD
Beltway 8
Beltway 8
Beltw
ay 8B
eltway 8
Woodforest757 Homes1,300 lots
New Forest827 Homes
Wood Forest1,153 Homes
Cloverleaf
Carpenter’s Landing444 Homes
Rancho Verde450 Homes5,000 Lots
Sonoma Ranch1,291 Homes
Sierra Ranch199 Homes
Stone�eld515 Homes
Liberty Lakes471 Homes
Sterling Green2,954 Homes
Riviera East663 Homes
Edgewood Village350 Homes
Tidwell Lakes Ranch96 Homes
Sunrise Pines464 Homes
Hidden Meadow1,323 Homes
Greensbrook383 Homes
Woodforest757 Homes1,300 lots
New Forest827 Homes
Wood Forest1,153 Homes
Cloverleaf
Carpenter’s Landing444 Homes
Rancho Verde450 Homes5,000 Lots
Sonoma Ranch1,291 Homes
Sierra Ranch199 Homes
Stone�eld515 Homes
Liberty Lakes471 Homes
Sterling Green2,954 Homes
Riviera East663 Homes
Edgewood Village350 Homes
Tidwell Lakes Ranch96 Homes
Sunrise Pines464 Homes
Hidden Meadow1,323 Homes
Greensbrook383 Homes
SWC of Beltway 8 & Highway 90 | Houston, Texas
Proposed - New Forest Town Center
SITE AERIAL
11.12 | 4.15
SWC of Beltway 8 & Highway 90 | Houston, Texas
Proposed - New Forest Town Center
SP26 | 11.20.15
SITE PLAN
TotalSupply
8673Q11 2443071,105 64 615 4,1291,1003406.7 45.0 4,8463837544Q11 2092821,186 61 552 4,0871,1422425.6 42.9 4,607305
6901Q12 2412371,245 57 535 3,9231,1552765.2 40.8 4,5062934692Q12 3452161,263 53 614 3,5631,2193615.8 35.1 4,6482825013Q12 4161891,199 51 656 3,3951,2403616.6 32.9 4,5073194024Q12 3762241,215 51 651 3,1801,3143166.4 29.0 4,678321
6261Q13 3992001,286 50 649 3,1491,4003626.1 27.0 4,5543647522Q13 4811791,328 51 711 2,8901,4253866.4 24.3 5,2923246803Q13 4752201,325 47 742 2,6641,4113476.7 22.7 5,2663166974Q13 4461671,331 49 662 2,5351,3422476.0 22.7 5,043327
4121Q14 4371821,284 48 667 2,2591,3023226.2 20.8 5,0893174142Q14 4481991,221 43 690 2,1041,2002846.8 21.0 5,554261
1,0913Q14 4421721,323 37 651 2,5231,2323795.9 24.6 10,1474181,3154Q14 4051381,365 34 577 2,5701,2802955.1 24.1 10,165369
1,5631Q15 4741231,317 31 628 2,5441,2783205.7 23.9 10,2172691,4942Q15 5231341,425 35 692 2,1711,4274335.8 18.3 10,5193691,5433Q15 5221511,445 40 713 2,5591,5074595.9 20.4 9,767438
Current SelectionsHistorical Housing Activity Summary
Qtr UCFinVacAnnClos
QtrClos Total Inv VDL
AnnStarts
QtrStarts
VDLSupply
Ann Lot DelivFut LotsModel
Copyright MetrostudyHouston Residential Survey (3Q15)
TX |
Har
ris C
o. (3
Q15
)C
opyr
ight
Met
rost
udy
Cur
rent
Sel
ectio
nsH
isto
rical
Hou
sing
Act
ivity
1.00 Mi 3.00 Mi 5.00 Mi Trade Area
DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 1,477 12,527 39,976 42,909Route Active Residential Count 1,657 15,307 47,863 51,079Census 2010 Average Persons per Household 3.22 3.27 3.32 3.33Census 2010 Population 4,774 41,076 133,486 143,673Recalculated Route Lower range 5,334 50,126 159,037 170,330Active Population Upper range 5,356 50,184 159,284 170,549Census Households vs Route Residential Count 12.20% 22.19% 19.73% 19.04%
RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 1,657 15,307 47,863 51,079Active Residential Count 1,657 15,307 47,863 51,078Active Residential Delivery 1,657 15,299 46,611 49,160Active Residential Box - 8 1,252 1,917Additional Active General Delivery Count - - - 1Total Possible Residential Count 1,717 15,598 49,112 52,982Additional Possible General Delivery Count - - - 1Census 2010 Households 1,477 12,527 39,976 42,909Population in Households 4,754 41,022 132,830 143,0871 Person Household 16.13% 17.04% 17.24% 17.34%2 Person Household 25.93% 23.23% 22.66% 22.45%3 Person Household 18.29% 18.69% 17.98% 17.69%4 Person Household 18.64% 17.94% 17.57% 17.56%5 Person Household 11.47% 12.05% 12.52% 12.71%6 or More Person Household 9.54% 11.05% 12.03% 12.25%Population in Group Quarters 20 54 655 586Correctional Facilities - Adult - 13.45% 52.52% 52.86%Correctional Facilities - Juvenile - - - - Nursing Facilities - - 15.96% 15.65%College/University Student Housing - - - - Military Quarters - - - - Other Facilities 100.00% 86.55% 31.52% 31.49% Total Housing Units 1,608 13,811 44,320 47,821Occupied housing units 91.88% 90.70% 90.20% 89.73%Owner-Occupied Housing Units 79.11% 67.93% 63.23% 61.11%Renter-Occupied Housing Units 20.89% 32.07% 36.77% 38.89%
BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 24 249 436 536Active Business Deliveries 53 649 2,791 3,681Possible Business Deliveries 55 685 3,004 4,032Active vs Possible Business Deliveries 3.54% 5.60% 7.62% 9.53%
Delivery Statistics as of 9/15
1.00 Mi 3.00 Mi 5.00 Mi Trade Area
POPULATION2015 Estimated Population 4,874 47,798 149,040 162,7192020 Projected Population 5,349 52,926 165,823 180,8722010 Census Population 4,590 42,493 135,557 147,6372000 Census Population 2,949 29,442 109,600 123,595Projected Annual Growth 2015 to 2020 1.9% 2.1% 2.3% 2.2%Historical Annual Growth 2000 to 2015 4.4% 4.2% 2.4% 2.1%
AGE 2015 Median Age 30.2 29.3 29.4 29.3
HOUSEHOLDS2015 Estimated Households 1,540 14,944 45,685 49,8392020 Projected Households 1,651 16,128 49,579 54,0512010 Census Households 1,421 12,951 40,573 44,1412000 Census Households 912 9,301 34,137 38,484Projected Annual Growth 2015 to 2020 1.4% 1.6% 1.7% 1.7%Historical Annual Growth 2000 to 2015 4.6% 4.0% 2.3% 2.0%
RACE AND ETHNICITY2015 Estimated White 50.2% 45.4% 47.4% 50.8%2015 Estimated Black or African American 27.3% 29.5% 26.9% 21.7%2015 Estimated Asian or Pacific Islander 2.4% 2.9% 2.1% 2.0%2015 Estimated American Indian or Native Alaskan 1.4% 0.9% 0.8% 1.1%2015 Estimated Other Races 18.6% 21.3% 22.9% 24.4%2015 Estimated Hispanic 51.0% 52.2% 56.0% 59.7%
INCOME2015 Estimated Average Household Income $57,635 $61,152 $56,313 $55,1682015 Estimated Median Household Income $50,870 $53,444 $48,071 $46,5802015 Estimated Per Capita Income $18,219 $19,128 $17,305 $16,932
EDUCATION (AGE 25+)2015 Estimated Elementary (0 to 8) 19.9% 19.8% 21.9% 24.0%2015 Estimated Some High School (9 to 11) 19.2% 18.7% 20.9% 20.7%2015 Estimated High School Graduate 28.7% 23.3% 23.2% 23.3%2015 Estimated Some College 15.1% 16.6% 15.6% 14.7%2015 Estimated Associates Degree Only 3.6% 4.7% 4.1% 4.2%2015 Estimated Bachelors Degree Only 6.7% 8.1% 7.1% 6.5%2015 Estimated Graduate Degree 6.6% 8.7% 7.2% 6.7%
BUSINESS2015 Estimated Total Businesses 104 806 2,880 3,9122015 Estimated Total Employees 1,115 9,880 31,892 51,3762015 Estimated Employee Population per Business 10.8 12.3 11.1 13.12015 Estimated Residential Population per Business 47.1 59.3 51.8 41.6
2000 - 2010 Census, 2015 Estimates with 2020 Projections
SWC of Beltway 8 & Highway 90 | Houston, Texas
Proposed - New Forest Town Center
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. 12/16/15 ct
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