Bob Conwell Brad Elmore 281.477.4300 Pad Sites Available Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
105 Area Retailers Property Description The City of Pearland is located on Highway 288, approximately 20 minutes from Downtown Houston and 15 minutes from the Texas Medical Center, and is one of the fastest growing cities in Texas. Trade Area Since 2002, when Shadow Creek Ranch s first home was built, the community has grown to over 3,330 homes today. HCA has also completed a medical office building within Shadow Creek Ranch. Access Road Network Hwy 288: 3,500 feet of frontage on Hwy 288 between FM 518 (to the S.) and Shadow Creek Pkwy (to the N.) and unparalleled access and circulation throughout the project and master planned Shadow Creek Ranch Development. 8 99 36 45 290 10 Memorial Hermann to open new medical campus in 2015 Houston 60 Pearland Highlights Convenient access to Texas Medical Center, Rice University, University of Houston, and Downtown Houston 59 610 288 59 10 HCA Gulf Coast Division s Pearland Medical Center Huge influx of retail development in Pearland; Dillard s, Macy s and several national retailers; Other neighboring projects include HEB plus, Academy, Hobby Lobby, Home Depot, Kohl s, JC Penney and Lowe s Traffic Counts: 25,254 cars per day on Shadow Creek Pkwy (FM 2234) 108,000 cars per day on Hwy 288 Source: TXDOT, 2011 45 521 FM Old Airline Rd 59 60 Airline Fort Bend Road No 2 Three Mile Demographics: Active Population 66,083 Residential Count - 22,308 Average Household Income - $95,551 288 W Broadway St Contact Bob Conwell 281.477.4324 bconwell@newquest.com 36 60 Brad Elmore 281.477.4344 belmore@newquest.com
Retail Aerial
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Site Plan SP02
Delivery Statistics as of 9/14 Postal Count 2000-2010 Census, 2014 Estimates with 2019 Projections Calculated using Proportional Block Groups Summary Demographic Profile 1.00 Mi 3.00 Mi 5.00 Mi 1.00 Mi 3.00 Mi 5.00 Mi Demographic Adjustment Summary Data Census 2010 Households 2,856 19,634 53,242 Route Active Residential Count 2,726 22,308 60,509 Census 2010 Average Persons per Household 2.80 2.96 2.99 Census 2010 Population 7,990 58,284 159,804 Recalculated Route Lower range 7,621 66,027 181,020 Active Population Upper range 7,625 66,083 181,148 Census Households vs Route Residential Count -4.57% 13.62% 13.65% Population 2014 Estimated Population 8,636 62,296 171,266 2019 Projected Population 9,588 68,700 186,888 2010 Census Population 8,029 58,031 160,077 2000 Census Population 5,210 37,670 114,912 Projected Annual Growth 2014 to 2019 2.2% 2.1% 1.8% Historical Annual Growth 2000 to 2014 4.7% 4.7% 3.5% Residential Demographics Origination Data Active Residential Delivery 2,726 21,398 57,898 Active Residential Box - 909 2,609 Active Residential Count 2,726 22,307 60,507 Additional Active General Delivery Count - 1 2 Total Active Residential Count 2,726 22,308 60,509 Additional Possible General Delivery Count - 1 2 Total Possible Residential Count 2,754 23,214 62,706 Census 2010 Households 2,856 19,634 53,242 Population in Households 7,986 58,111 159,278 1 Person Household 19.97% 16.36% 17.68% 2 Person Household 30.04% 29.93% 28.36% 3 Person Household 19.06% 19.47% 19.04% 4 Person Household 18.73% 19.23% 18.48% 5 Person Household 8.13% 9.43% 9.78% 6 or More Person Household 4.07% 5.59% 6.66% Population in Group Quarters 4 173 525 Correctional Facilities - Adult - 4.04% 1.33% Correctional Facilities - Juvenile - 1.52% 1.14% Nursing Facilities - 65.87% 75.93% College/University Student Housing - 0.05% 0.38% Military Quarters - - - Other Facilities 100.00% 28.51% 21.22% Total Housing Units 3,041 20,638 56,349 Occupied housing units 93.92% 95.13% 94.49% Owner-Occupied Housing Units 73.34% 82.37% 75.51% Renter-Occupied Housing Units 26.66% 17.63% 24.49% Households Population By Race Income Education (Age 25+) 2014 Median Age 35.5 35.4 34.2 2014 Estimated Households 3,108 21,161 57,468 2019 Projected Households 3,438 23,288 62,727 2010 Census Households 2,868 19,559 53,301 2000 Census Households 1,906 13,121 39,009 Projected Annual Growth 2014 to 2019 2.1% 2.0% 1.8% Historical Annual Growth 2000 to 2014 4.5% 4.4% 3.4% 2014 Estimated White 77.8% 71.5% 65.6% 2014 Estimated Black or African American 8.9% 10.1% 11.9% 2014 Estimated Asian & Pacific Islander 6.1% 8.1% 7.9% 2014 Estimated American Indian & Native Alaskan 0.4% 0.4% 0.5% 2014 Estimated Other Races 6.8% 9.9% 14.2% 2014 Estimated Hispanic 20.4% 26.4% 35.8%4 2014 Estimated Average Household Income $95,288 $95,551 $86,856 2014 Estimated Median Household Income $85,561 $86,514 $78,252 2014 Estimated Per Capita Income $34,300 $32,478 $29,164 2014 Elementary (0 to 8) 2.5% 4.1% 6.8% 2014 Some High School (9 to 11) 4.0% 5.4% 7.8% 2014 High School Graduate 22.9% 23.4% 24.5% 2014 Some College 29.4% 26.8% 25.6% 2014 Associates Degree Only 7.6% 7.7% 7.5% 2014 Bachelors Degree Only 23.4% 22.7% 19.4% 2014 Graduate Degree 10.1% 10.0% 8.4% Business Demos Drop Site Business or Family Served Count 118 671 2,083 Active Business Deliveries 193 1,674 4,773 Possible Business Deliveries 202 1,743 5,041 Active vs Possible Business Deliveries 4.67% 4.17% 5.62% Business Number of Businesses 299 1,823 4,977 Total Number of Employees 4,978 18,067 46,333 Employee Population per Business 16.7 9.9 9.3 Residential Population per Business 28.9 34.2 34.4 2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports). 2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports).
Approved 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. Information About Brokerage Services 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 intermedi - ary between the parties if the parties consent in writing. A broker can assist you in locating a property, prepar - 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 ofbut does not represent the buyer and must place the the owner s agent anything the buyer would not want the owner to know because an owner s agent must dis - close 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 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 par - ties 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 br ker 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 than 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 - structs 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 or 512-465-3960. Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040 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. 1/21/2015