Medical/Office/Retail Space

Transcription

1 FOR SALE OR LEASE > UP TO 32,600 SF ± Medical/Office/Retail Space PRICE REDUCED! Subject Area Summary The site is south of the 385-acre ExxonMobil Corporate Campus under-construction, and the anticipated Springwoods Village Master Plan Community of 2000 acres offering 4,500 to 5,000 homes. North Houston is now referred to as The Energy Corridor North due to the tremendous growth taking place in The Woodlands, whose boundaries begin to the north of the subject. Property Overview > 32,600 SF ± Space > Sales Price: $3,725, (Luby s space not included) $2,800, > 1 Acre ± of Land > Lease Rate: $12.00/SF Net > Situated on the northwest > Build-out Allowance: Negotiable corner of FM 1960 Rd W at Cali > Prefer 10 year lease term Dr in north Houston west of Interstate 45 N Traffic Counts: FM 1960 east of Cali Dr = 58,000 FM 1960 west of Cali Dr = 49,000 Year 2013 AADT, source: TXDOT Demographic Snapshot: Population Employees Businesses Avg. HH Income Med. HH Income 3-Mile 104,491 35,496 3,527 $66,584 $54,809 Source: Sites USA, year 2015 estimates MARSHALL CLINKSCALES HOUSTON, TX marshall.clinkscales@colliers.com COLLIERS INTERNATIONAL 1233 West Loop South Suite 900 Houston, TX

2 FOR SALE OR LEASE > UP TO 32,600 SF ± Medical/Office/Retail Space Colliers International is a worldwide affiliation of independently owned and operated companies. The information contained herein has, we believe, been obtained from reliable sources and we have no reason to doubt the accuracy thereof. All such information is submitted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified by the person relying thereon. We have not made and will not make any warranty or representation as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

3 FOR SALE OR LEASE > UP TO 32,600 SF ± Medical/Office/Retail Space Subject Colliers International is a worldwide affiliation of independently owned and operated companies. The information contained herein has, we believe, been obtained from reliable sources and we have no reason to doubt the accuracy thereof. All such information is submitted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified by the person relying thereon. We have not made and will not make any warranty or representation as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

4 The Woodlands Colleges Hospitals Mall or Major Retail Development New Development Business District The Woodlands 49,960+ Employees 1,755 Companies 11.5 Mil SF Office Space 9.4 Mil SF Retail/Hospitality/ General Commercial Carlton Woods Creekside Golf Club Augusta Pines Golf Club Woodlands Resort & Conference Center 2000 Acre mixed use development 2920 Woodlands Country Club & Golf Course 385 Acre Campus Spring The Woodlands Town Center 1.28 Mil SF of Class A Office Space 1.3 Mil SF The Woodlands Mall 34 Acre Market Street Cynthia Woods Mitchell Pavilion 1.4 Mile Linear Park 127,264 SF of Retail 341 Four Diamond Rated Hotel Rooms/Suites 70,000 SF of Convention Center Space 15 Restaurants/Bars 493 Luxury Urban Residential Units 9,100 seat Cinemark XD Theatre Major Employers The Woodlands Anadarko Petroleum Corporation Aon Hewitt Baker Hughes Chevron Phillips Chemical Co., LLP CB&I Entergy Services Fox Networks Group Halliburton Huntsman Lexicon Genetics Maersk Sealand Rigaku Corp. US Oncology Winstead Subject Northgate Country Club & Golf Course Humble Raveneaux Country Club & Golf Course 249 Willowbrook Mall 1.5 Mil SF Lochinvar Country Club & Golf Course George Bush International Airport Greenspoint District 70,000+ Employees 4,000 Companies 13.6 Mil SF Office Space Major Employers Baker Energy Baker Hughes Inc. Citgo Petroleum CRI International ExxonMobil FMC Technology Halliburton Co. HighMount Hydril McMoRan Exploration Nabors Industries Inc. Noble Energy Inc. Shell Oil Products US Southwestern Energy Corp. SDV USA

5 Demographics 1 mi radius 3 mi radius 5 mi radius POPULATION 2015 Estimated Population 18, , , Projected Population 21, , , Census Population 15,981 89, , Census Population 12,781 63, ,380 Projected Annual Growth 2015 to % 2.7% 2.4% Historical Annual Growth 2000 to % 4.3% 4.2% 2015 Median Age HOUSEHOLDS 2015 Estimated Households 8,355 39,376 98, Projected Households 9,327 43, , Census Households 6,781 32,863 85, Census Households 5,499 25,643 63,332 Projected Annual Growth 2015 to % 2.1% 1.9% Historical Annual Growth 2000 to % 3.6% 3.7% RACE AND ETHNICITY 2015 Estimated White 39.5% 45.5% 47.8% 2015 Estimated Black or African American 41.1% 32.5% 28.6% 2015 Estimated Asian or Pacific Islander 3.9% 5.2% 6.9% 2015 Estimated American Indian or Native Alaskan 0.4% 0.5% 0.5% 2015 Estimated Other Races 15.1% 16.3% 16.2% 2015 Estimated Hispanic 28.1% 33.8% 33.6% INCOME 2015 Estimated Average Household Income $48,201 $66,584 $72, Estimated Median Household Income $42,792 $54,809 $61, Estimated Per Capita Income $21,315 $25,109 $25,589 EDUCATION (AGE 25+) 2015 Estimated Elementary (Grade Level 0 to 8) 4.8% 8.2% 8.1% 2015 Estimated Some High School (Grade Level 9 to 11) 9.0% 8.1% 7.6% 2015 Estimated High School Graduate 25.3% 23.6% 24.8% 2015 Estimated Some College 26.7% 26.2% 25.7% 2015 Estimated Associates Degree Only 8.8% 7.6% 7.6% 2015 Estimated Bachelors Degree Only 16.7% 17.4% 17.7% 2015 Estimated Graduate Degree 8.6% 9.0% 8.5% BUSINESS 2015 Estimated Total Businesses 1,080 3,527 8, Estimated Total Employees 10,757 35,496 88, Estimated Employee Population per Business Estimated Residential Population per Business

6 Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about brokerage services to prospec ve buyers, tenants, sellers and landlords TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage ac vi es, 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 informa on about the property or transac on received by the broker; Answer the client s ques ons and present any o er to or counter-o er from the client; and Treat all par es to a real estate transac on 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 wri en lis ng to sell or property management agreement. An owner's agent must perform the broker s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on 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 wri en representa on agreement. A buyer's agent must perform the broker s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must rst obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary: Must treat all par es to the transac on impar ally and fairly; May, with the par es' wri en consent, appoint a di erent license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. Must not, unless speci cally authorized in wri ng to do so by the party, disclose: that the owner will accept a price less than the wri en asking price; that the buyer/tenant will pay a price greater than the price submi ed in a wri en o er; and any con den al informa on or any other informa on that a party speci cally instructs the broker in wri ng 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 transac on 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 rst. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s du es and responsibili es to you, and your obliga ons under the representa on 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 no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker s services. Please acknowledge receipt of this no ce below and retain a copy for your records. Colliers International Houston, Inc houston.info@colliers.com Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Gary Mabray gary.mabray@colliers.com Designated Broker of Firm License No. Phone John Patrick Duffy patrick.duffy@colliers.com Licensed Supervisor of Sales Agent/ Associate License No. Phone Marshall Clinkscales marshall.clinkscales@colliers.com Sales Agent/Associate s Name License No. Phone Phone Buyer/Tenant/Seller/Landlord Initials Date Regulated by the Texas Real Estate Commission Informa on available at Colliers International 1233 West Loop South Suite 900 Houston, TX Main IABS 1-0