A Natural Commerce Park Brad LyBrand 281.477.4300 ±115 Acres For Sale N. Frazier Overpass Up to $500's FM 3083 Teas Nursery Rd. Conroe Marketplace 4 Story Office Ingress ±90,000 CPD Egress Plantation Dr. Drennen Rd. Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
Property Description Conroe Waterfront Center A Natural Commerce Park is a 115 acre master planned mixed use development in the north Houston submarket of Conroe, TX. Conroe Waterfront Center CWC has frontage on I45 and Teas Nursery Road in addition to several recently completed and ongoing road construction projects throughout the development. Set against a beautiful natural FM 3083 Teas Nursery Rd. 4 Story Office N. Frazier St. Plantation Dr. Drennen Rd. landscape, CWC has utilities available with excellent visibility & access to major thoroughfares. Prime sites are available for office professional, medical, restaurant, hospitality, and retail. Additionally, CWC has a fully constructed 60,000 SF office building and ±14 adjoining acres, an ideal location for corporate campus use. Immediately abutting CWC is a retail power center known as Conroe Market Place with tenants such as Kohl s, Ashley Furniture, Old Navy, Petsmart and many other national retailers. Development Growth Recently, the Conroe area has experienced a huge surge in growth spurred by Exxon Impact. Exxon Mobil is near completion of their 385 acre corporate campus 15 miles south of CWC. The new campus will be the global headquarters for their Upstream & Chemical divisions. The initial 10,000 employees will begin transitioning to the new campus in 2015 & economic impact on the region is projected by some in the $5+ billion dollar range. Conroe Marketplace Residential Growth Single Family development projects have recently come to an unprecedented pace of growth. Four miles south of CWC Johnson Development has purchased the 2,000+ acre Camp Strake site now known as Grand Central Park. Initial plans for Grand Central ±90,000 CPD Park call for ±2,600 housing units with infrastructure construction commencing Q1 2015. Three miles north of CWC Howard Hughes Corporation has purchased ±2,000 acres and has plans to deliver the first of 4,600 lots by Q1 2016. Bordered by 2 of the largest residential projects in the greater Houston area and minutes from the Exxon Mobil Campus, Conroe Up to $500's Waterfront Center is ideally positioned for long term sustainability and growth. Contact Brad LyBrand 7134389516 blybrand@newquest.com
44 Miles Conroe Waterfront Center Aerial Galveston Bay 39 Miles 23 Miles 15 Miles 3 Miles 3 Miles Lake Conroe
Site Plan
Delivery Statistics as of 12/14 Postal Count 2000 2010 Census, 2014 Estimates with 2019 Projections Calculated using Proportional Block Groups Summary Demographic Profile Teas Nursery Road 1.00 Mi 3.00 Mi 5.00 Mi Teas Nursery Road 1.00 Mi 3.00 Mi 5.00 Mi Demographic Adjustment Summary Data Census 2010 Households 2,187 11,184 20,826 Route Active Residential Count 2,652 15,413 25,929 Census 2010 Average Persons per Household 2.25 2.63 2.78 Census 2010 Population 4,953 31,531 60,173 Recalculated Route Lower range 5,954 40,587 72,051 Active Population Upper range 5,963 40,719 72,265 Census Households vs Route Residential Count 21.26% 37.82% 24.50% Population 2014 Estimated Population 3,294 31,532 65,004 2019 Projected Population 3,744 35,591 73,672 2010 Census Population 3,025 29,019 59,730 2000 Census Population 2,126 22,150 45,674 Projected Annual Growth 2014 to 2019 2.7% 2.6% 2.7% Historical Annual Growth 2000 to 2014 3.9% 3.0% 3.0% Residential Demographics Origination Data Total Active Residential Count 2,652 15,413 25,929 Active Residential Count 2,652 15,413 25,928 Active Residential Delivery 2,652 13,918 24,433 Active Residential Box 1,495 1,495 Additional Active General Delivery Count 1 1 Total Possible Residential Count 2,729 16,115 26,790 Additional Possible General Delivery Count 1 1 Census 2010 Households 2,187 11,184 20,826 Population in Households 4,910 29,451 57,870 1 Person Household 37.53% 28.62% 25.22% 2 Person Household 29.97% 30.63% 29.88% 3 Person Household 15.12% 14.75% 15.77% 4 Person Household 9.88% 12.58% 13.82% 5 Person Household 4.53% 7.16% 8.05% 6 or More Person Household 2.97% 6.25% 7.25% Population in Group Quarters 43 2,080 2,303 Correctional Facilities Adult 86.24% 77.90% Correctional Facilities Juvenile 6.92% 0.14% 0.13% Nursing Facilities 74.88% 9.02% 14.50% College/University Student Housing Military Quarters Other Facilities 18.19% 4.60% 7.47% Total Housing Units 2,495 12,754 23,181 Occupied housing units 87.64% 87.69% 89.84% OwnerOccupied Housing Units 24.74% 50.10% 54.39% RenterOccupied Housing Units 75.26% 49.90% 45.61% Households Population By Race Income Education (Age 25+) 2014 Median Age 32.4 32.7 32.6 2014 Estimated Households 1,427 11,152 22,669 2019 Projected Households 1,619 12,653 25,724 2010 Census Households 1,296 10,130 20,594 2000 Census Households 942 8,145 16,361 Projected Annual Growth 2014 to 2019 2.7% 2.7% 2.7% Historical Annual Growth 2000 to 2014 3.7% 2.6% 2.8% 2014 Estimated White 77.1% 71.9% 70.3% 2014 Estimated Black or African American 9.8% 9.5% 9.5% 2014 Estimated Asian or Pacific Islander 2.2% 1.4% 1.4% 2014 Estimated American Indian or Native Alaskan 0.5% 1.0% 1.2% 2014 Estimated Other Races 10.4% 16.1% 17.6% 2014 Estimated Hispanic 24.7% 40.5% 41.0% 2014 Estimated Average Household Income $54,191 $58,430 $60,721 2014 Estimated Median Household Income $46,310 $49,184 $51,593 2014 Estimated Per Capita Income $23,552 $21,518 $21,603 2014 Estimated Elementary 3.5% 11.3% 11.6% 2014 Estimated Some High School 9.2% 12.9% 14.2% 2014 Estimated High School Graduate 33.9% 29.7% 27.4% 2014 Estimated Some College 27.0% 22.1% 22.7% 2014 Estimated Associates Degree Only 6.3% 5.0% 5.3% 2014 Estimated Bachelors Degree Only 11.8% 12.9% 13.7% 2014 Estimated Graduate Degree 8.3% 6.1% 5.1% Business Demos Drop Site Business or Family Served Count 73 1,032 1,417 Active Business Deliveries 253 2,563 3,510 Possible Business Deliveries 302 2,942 3,952 Active vs Possible Business Deliveries 19.41% 14.81% 12.60% Business 2014 Estimated Total Businesses 294 2,464 3,664 2014 Estimated Total Employees 2,992 27,459 41,930 2014 Estimated Employee Population 10.2 11.1 11.4 2014 Estimated Residential Population 11.2 12.8 17.7 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 ing without representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: sent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker s obligations tate 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 unless authorized in writing to do so by the buyer; and agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by accepting subagent can assist the buyer but does not represent the buyshould 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: 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 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 in writing not to disclose unless authorized in writing to disclose the information or 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 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. 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 5124596544.
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. 3/17/2015