Proposed - New Forest Town Center Dean Lane 281.477.4300 Available For Sale or Lease Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
Proposed - New Forest Town Center Property Description The Beltway 8 & Wallisville Road intersection has added over Huntsville 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 Willis Frontage: 105 Cleveland The property has over 3,750 feet of frontage on Beltway 8 and on Highway, and 1,100 feet of frontage on Uvalde. Conroe Traffic Counts: 84,580 cars per day on Beltway 8 45 46,000 cars per day on Highway The Woodlands Source: Texas Department of Transportation, 2010 counts Demographics Tomball Active Population 1960 Cypress 8 Aerial Site 59 36 2 45 6 3 Mile: 48,384 5 Mile: 155,674 1 Mile: 1,535 3 Mile: 14,747 5 Mile: 46,775 8 10 Unalde Rd 59 60 i l le Wallisv Contact Rd 45 Dean Lane 281.477.4334 dlane@newquest.com 36 288 6 3 Mile: $61,079 5 Mile: $57,985 1 Mile: 5.14% 3 Mile: 18.14% 5 Mile: 17.32% Source: USPS Postal counts, 12/13 8 99 1 Mile: $62,712 Growth Since 2010 Census 610 10 ANNA S LINENS 1 Mile: 4,962 Residential Count 249 Average Household Income Pearland
Proposed - New Forest Town Center Residential Aerial
Proposed - New Forest Town Center Site Plan
Proposed - New Forest Town Center Delivery Statistics as of 12/13 Postal Count 2000-2010 Census, 2013 Estimates with 2018 Projections Calculated using Proportional Block Groups Summary Demographic Profile Hwy & Beltway 8 1.00 Mi 3.00 Mi 5.00 Mi Hwy & Beltway 8 1.00 Mi 3.00 Mi 5.00 Mi Demographic Adjustment Residential Demographics Summary Data Census 2010 Households 1,460 12,483 39,870 Route Active Residential Count 1,535 14,747 46,775 Census 2010 Average Persons per Household 3.22 3.28 3.32 Census 2010 Population 4,720 40,961 133,140 Recalculated Route Lower range 4,940 48,329 155,432 Active Population Upper range 4,962 48,384 155,674 Census Households vs Route Residential Count 5.14% 18.14% 17.32% Origination Data Active Residential Delivery 1,535 14,736 45,436 Active Residential Box - 11 1,339 Active Residential Count 1,535 14,747 46,775 Additional Active General Delivery Count - - - Total Active Residential Count 1,535 14,747 46,775 Additional Possible General Delivery Count - - - Total Possible Residential Count 1,603 15,061 48,348 Census 2010 Households 1,460 12,483 39,870 Population in Households 4,698 40,9 132,488 1 Person Household 16.12% 16.98% 17.23% 2 Person Household 25.93% 23.22% 22.66% 3 Person Household 18.29% 18.70% 17.98% 4 Person Household 18.66% 17.96% 17.58% 5 Person Household 11.48% 12.07% 12.52% 6 or More Person Household 9.52% 11.06% 12.03% Population in Group Quarters 22 52 652 Correctional Facilities - Adult - 11.% 52.35% Correctional Facilities - Juvenile - - - Nursing Facilities - - 15.93% College/University Student Housing - - - Military Quarters - - - Other Facilities 100.00% 88.10% 31.72% Total Housing Units 1,589 13,760 44,199 Occupied housing units 91.%.72%.21% Owner-Occupied Housing Units 79.15% 68.06% 63.29% Renter-Occupied Housing Units 20.85% 31.94% 36.71% Population Households Population By Race Income Education (Age 25+) 2013 Estimated Population 5,426 45,109 146,867 2018 Projected Population 5,800 48,217 156,945 2010 Census Population 5,109 42,477 138,301 2000 Census Population 2,969 29,834 109,289 Historical Annual Growth 2000 to 2013 6.4% 3.9% 2.6% Projected Annual Growth 2013 to 2018 1.4% 1.4% 1.4% 2013 Estimated Median Age 30.1 29.6 29.3 2013 Estimated Households 1,671 13,841 44,252 2018 Projected Households 1,798 14,3 47,642 2010 Census Households 1,569 13,003 41,571 2000 Census Households 913 9,408 34,097 Historical Annual Growth 2000 to 2013 6.4% 3.6% 2.3% Projected Annual Growth 2013 to 2018 1.5% 1.5% 1.5% 2013 Estimated White 49.8% 45.5% 48.6% 2013 Estimated Black or African American 28.9% 30.3% 26.3% 2013 Estimated Asian & Pacific Islander 2.7% 2.7% 1.9% 2013 Estimated American Indian & Native Alaskan 1.5% 1.0% 0.8% 2013 Estimated Other Races 17.1% 20.5% 22.3% 2013 Estimated Hispanic Population 47.7% 51.4% 55.8% 2013 Estimated Average Household Income $62,712 $61,079 $57,985 2013 Estimated Median Household Income $58,018 $56,428 $53,206 2013 Estimated Per Capita Income $19,313 $18,753 $17,523 2013 Elementary (0 to 8) 9.0% 12.6% 15.2% 2013 Some High School (9 to 11) 12.6% 12.7% 14.4% 2013 High School Graduate 39.8% 31.8% 31.0% 2013 Some College 21.7% 23.0% 21.4% 2013 Associates Degree Only 6.5% 7.0% 5.6% 2013 Bachelors Degree Only 6.6% 7.8% 7.9% 2013 Graduate Degree 3.7% 5.1% 4.6% Business Demos Drop Site Business or Family Served Count 18 193 371 Active Business Deliveries 50 611 2,735 Possible Business Deliveries 52 648 2,952 Active vs Possible Business Deliveries 3.29% 6.01% 7.95% Business Number of Businesses 99 773 2,838 Total Number of Employees 1,132 9,835 32,304 Employee Population per Business 11.4 12.7 11.4 Residential Population per Business 54.8 58.3 51.7 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 licenses 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 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 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 (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 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 Salesmen 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, TX 78711 or 512-459-6544.
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. 5/7/2014