Anderson Smith & Connor Lynch 281-816-6550 www.capitalretailproperties.com
Village on Fairmont PROPERTY DESCRIPTION: New shopping center at a lighted intersection fronting Fairmont Parkway Existing 8,400 SF retail building with in-line space available The site has a solid combination of daytime population and surrounding residential, and is located in one of the premiere retail corridors in Houston AVAILABLE: 2,740 SF AREA RETAILERS: 45 59 249 290 1960 45 HARDY 290 TOLLWAY 610 10 HOUSTON WE STPARK TOLLWAY 6 M HOUSTON SA TOLLWAY 36 59 288 45 Contacts: Anderson Smith & Connor Lynch
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Demographics Summary Profile 1 mi 2 mi 3 mi 5 mi POPULATION (3 mi Radius, 2016) 78,955 HOUSEHOLDS (3 mi Radius, 2016) 28,396 INCOME (3 mi Radius) 2016 Average: $75,125 TOTAL DAYTIME POPULATION (3 mi Radius) 130,228 POPULATION 2016 Population 9,779 35,435 78,955 237,838 2010 Population 9,620 34,146 75,154 227,676 % Proj Growth 2016-2021 -5.0% -2.8% -1.8% -1.2% HOUSEHOLDS 2016 Households 3,297 12,380 28,396 79,729 Family Households w Children 1,111 4,238 9,234 31,070 Persons Per Household 3.0 2.9 2.8 3.0 DAYTIME POPULATION Total Daytime Population 8,750 70,231 130,228 286,414 White Collar Employees 1,509 6,131 16,231 36,747 Blue Collar Employees 2,925 14,462 33,185 78,581 Military 0 34 139 308 Work at Home 91 373 754 2,404 Unemployed 158 881 2,198 6,913 Children at Home 510 2,014 4,576 13,945 Retired or Disabled 849 3,219 7,884 20,203 Homemakers 1,142 4,834 10,825 34,673 Students PK - 8th 662 3,900 11,375 32,844 Students 9th - 12th 43 1,252 4,089 12,777 College Students 853 33,093 38,870 46,776 Unknown 8 38 103 244 RACE % White 60.9% 54.8% 52.6% 42.1% % Black 1.5% 2.3% 2.4% 3.3% % Asian 5.2% 4.5% 3.8% 3.7% % Hispanic 30.7% 36.8% 39.8% 49.5% White 5,959 19,425 41,551 100,187 Black 143 817 1,869 7,847 Asian 505 1,581 2,8 8,865 Hispanic 2,9 13,050 31,3 117,618 INCOME 2016 Median Household Income $84,0 $68,819 $64,634 $65,000 2016 Average Housheold Income $94,309 $79,943 $75,125 $75,797 2016 Per Capita Income $31,907 $27,980 $27,181 $26,021 HIGHEST EDUCATIONAL ATTAINMENT Education Base - Age 25+ 6,398 22,702 50,424 146,207 Less than 9th Grade 4.5% 6.2% 6.9% 11.1% Some High School 4.6% 8.8% 10.1% 11.3% High School or GED 28.5% 27.1% 28.2% 27.0% Some College 25.1% 28.0% 27.6% 23.4% Associates Degree 11.6% 9.1% 8.2% 6.9% Bachelors Degree or Higher 25.8% 20.9% 19.1% 20.3%
Information About Brokerage Services Texas law requires all real estate license holders to give the following informaɵon about brokerage services to prospecɵve buyers, tenants, sellers and landlords. 11-2-2015 TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage acɵviɵes, 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 informaɵon about the property or transacɵon received by the broker; Answer the client s quesɵons and present any offer to or counter-offer from the client; and Treat all parɵes to a real estate transacɵon 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 wriʃen lisɵng to sell or property management agreement. An owner's agent must perform the broker s minimum duɵes above and must inform the owner of any material informaɵon about the property or transacɵon known by the agent, including informaɵon 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 wriʃen representaɵon agreement. A buyer's agent must perform the broker s minimum duɵes above and must inform the buyer of any material informaɵon about the property or transacɵon known by the agent, including informaɵon disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parɵes the broker must first obtain the wriʃen agreement of each party to the transacɵon. The wriʃen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaɵons as an intermediary. A broker who acts as an intermediary: Must treat all parɵes to the transacɵon imparɵally and fairly; May, with the parɵes' wriʃen 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 instrucɵons of each party to the transacɵon. Must not, unless specifically authorized in wriɵng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wriʃen asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submiʃed in a wriʃen offer; and any confidenɵal informaɵon or any other informaɵon that a party specifically instructs the broker in wriɵng 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 transacɵon 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 duɵes and responsibiliɵes to you, and your obligaɵons under the representaɵon 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 noɵce is being provided for informaɵon purposes. It does not create an obligaɵon for you to use the broker s services. Please acknowledge receipt of this noɵce below and retain a copy for your records. Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone Designated Broker of Firm License No. Email Phone Licensed Supervisor of Sales Agent/ Associate License No. Email Phone Sales Agent/Associate s Name License No. Email Phone Regulated by the Texas Real Estate Commission Buyer/Tenant/Seller/Landlord Initials Date InformaƟon available at www.trec.texas.gov IABS 1-0