Anderson Smith & Geoff Bracken www.capitalretailproperties.com
WESTPARK TOLLWAY HARDY TOLLWAY SAM HOUSTON TOLLWAY 45 59 290 249 1960 Lake Houston 45 290 10 610 10 99 6 59 288 Galveston Bay 45 Property Description: Located 9 miles north of Deerbrook mall at the NW corner of US Hwy 59 and Hwy 99 (the Grand Parkway), Valley Ranch Town Center is a planned 500,000 sf + retail power center strategically located in the heart of rapidly growing NE Montgomery County. The Existing trade area boasts of an existing population of over 192,000 people and stands to grow tremendously with the continual residential expansion from Kingwood up the 59 corridor and the expansion of the trade area that will occur with the opening of the Grand Parkway. Further, the site stands to benefit directly from the opening of the new Exxon World Headquarters located 15 minutes to the west along the Grand Parkway. This segment of Grand Parkway opened April 2016! Availability: Anchor, In Line and Pad Sites available for lease. Traffic Counts: US 59-91,880 VPD (Source: MPSI) Area Retailers:
TRADE AREA AERIAL
RETAIL AERIAL VAL L EY R AN CH TOW N C EN T ER
HOUSING AERIAL
SOUTHWEST VIEW AERIAL
ENTERTAINMENT CENTER SITE PLAN FITNESS NAILS OF AMERICA V A L LE Y RAN CH TOWN CENT ER
VALLEY RANCH CROSSING SITE PLAN
LAND PLAN
SITE/FREEWAY RENDERING
SUMMARY PROFILE TRADE AREA DEMOGRAPHICS
SUMMARY PROFILE 5 mi Ring 10 mi Ring 15 mi Ring Population Trend 2000 Total Population 50,951 166,395 330,206 2010 Total Population 69,088 236,413 520,132 2015 Total Population 81,613 274,471 609,028 2020 Total Population 95,229 317,348 709,610 Households Trend 2000 Total Households 17,429 57,137 114,668 2010 Total Households 24,487 82,154 178,694 2015 Total Households 27,998 91,694 200,816 2020 Total Households 31,753 102,638 226,158 Population Change Trend 2000 to 2010 Population Change 35.6% 42.1% 57.5% 2000 to 2015 Population Change 60.2% 65.0% 84.4% 2010 to 2020 Population Change 37.8% 34.2% 36.4% 2015 to 2020 Population Change 16.7% 15.6% 16.5% Household Change Trend 2000 to 2010 Household Change 40.5% 43.8% 55.8% 2000 to 2015 Household Change 60.6% 60.5% 75.1% 2010 to 2020 Household Change 29.7% 24.9% 26.6% 2015 to 2020 Household Change 13.4% 11.9% 12.6% 2015 Race White alone 81.4% 75.4% 68.4% Black or African American alone 3.8% 10.1% 15.1% American Indian and Alaska Native alone.6%.6%.6% Asian alone 2.5% 2.6% 3.1% Native Hawaiian and OPI alone.1%.2%.2% Some Other Race alone 9.0% 8.1% 9.5% Two or More Races 2.5% 2.9% 3.1% 2015 Income Per Capita Income $29,208 $31,301 $29,694 Household Income: Median $66,814 $70,448 $67,136 Household Income: Average $85,052 $93,833 $89,587 DEMOGRAPHICS Average household size 2.9 3.0 3.0 Total Daytime Population 62,694 225,592 577,574 Total Employee Population 17,285 74,060 245,315 Total Daytime at Home Population 45,409 151,532 332,259 Total Employee Population (% of Daytime Population) 27.6% 32.8% 42.5% Total Daytime at Home Population (% of Daytime Population) 72.4% 67.2% 57.5%
SUMMARY PROFILE 10 minutes Drivetime 15 minutes Drivetime 20 minutes Drivetime Population Trend 2000 Total Population 23,696 87,481 187,148 2010 Total Population 39,184 110,227 237,438 2015 Total Population 47,626 126,789 267,803 2020 Total Population 57,199 144,771 301,521 Households Trend 2000 Total Households 8,363 30,350 61,368 2010 Total Households 14,391 39,169 78,964 2015 Total Households 16,978 43,487 85,878 2020 Total Households 19,881 48,225 94,027 Population Change Trend 2000 to 2010 Population Change 65.4% 26.0% 26.9% 2000 to 2015 Population Change 101.0% 44.9% 43.1% 2010 to 2020 Population Change 46.0% 31.3% 27.0% 2015 to 2020 Population Change 20.1% 14.2% 12.6% Household Change Trend 2000 to 2010 Household Change 72.1% 29.1% 28.7% 2000 to 2015 Household Change 103.0% 43.3% 39.9% 2010 to 2020 Household Change 38.1% 23.1% 19.1% 2015 to 2020 Household Change 17.1% 10.9% 9.5% 2015 Race White alone 79.0% 78.1% 67.2% Black or African American alone 4.6% 6.9% 13.9% American Indian and Alaska Native alone.7%.6%.7% Asian alone 2.6% 2.4% 2.1% Native Hawaiian and OPI alone.1%.2%.2% Some Other Race alone 10.3% 9.1% 12.9% Two or More Races 2.7% 2.7% 3.0% 2015 Income Per Capita Income $25,494 $28,646 $25,636 Household Income: Median $57,116 $63,539 $57,660 Household Income: Average $71,165 $83,151 $79,163 Average household size 2.8 2.9 3.1 Total Daytime Population 50,285 121,337 263,240 Total Employee Population 23,597 50,234 109,108 Total Daytime at Home Population 26,688 71,103 154,132 Total Employee Population (% of Daytime Population) 46.9% 41.4% 41.4% Total Daytime at Home Population (% of Daytime Population) 53.1% 58.6% 58.6% DRIVE TIME DEMOGRAPHICS
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