Mason Plaza For Sale Heather Nguyen 281.477.4300 Shopping Center For Sale Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040
Mason Plaza For Sale Property Description Located on the east of Mason Road, just south of Kingsland Boulevard in Katy, Texas. Mason Plaza is centered within the explosive residential and retail growth that has characterized the Katy area in the last decade, with over 228,000 people and 68,000 households within a five mile radius. Katy is home to several masterplanned communities, including Cinco Ranch, which was has been consistently ranked among the nation s top selling master plans. Sales Price: $4,500,000 Occupancy: 100% Proforma NOI: $481,942 Actual NOI: $425,249 Price PSF: $90.95 Cap Rate: 9.45% Project Size Building A: 18,998 SF Building B: 30,480 SF land Size: 2.87 acres Traffic Counts 38,430 cars per day on Mason Road, north of Kingsland 47,040 cars per day on Mason Road, south of Kingsland Source: TXDOT, 2011 Demographics Active Population: Location Area Retailers 290 249 10. Rd 99 Cinco Ranch Memorial Parkway West green B lvd. Mason Rd. ek Pe Cimarron 45 6 10 Katy Houston 99 610 High lan dk no lls Sugar Land Kelliwood 59 Ci nco Ra nc h» 2 Mile: 57,977» 2 Mile: $100,909» 3 Mile: 108,620» 3 Mile: $107,008» 5 Mile: 248,290» 5 Mile: $107,445 59 Fry Road Kingsland Blvd. Average Household Income: 90 Residential Count: Growth Since 2010 Census:» 2 Mile: 20,376» 2 Mile: 4.96%» 3 Mile: 37,033» 3 Mile: 7.42%» 5 Mile: 81,449» 5 Mile: 18.48% Source: USPS Postal Count, 6/14 Contact Missouri City Heather Nguyen 288 281.477.4358 hnguyen@newquest.com
Mason Plaza For Sale Proforma Site Plan Furniture 11,200 SF Gift Shop 3,520 SF BUILDING B
Mason Plaza For Sale Delivery Statistics as of 6/14 Postal Count 2000-2010 Census, 2013 Estimates with 2018 Projections Calculated using Proportional Block Groups Summary Demographic Profile S Mason Rd & Cimarron Pky 2.00 Mi 3.00 Mi 5.00 Mi S Mason Rd & Cimarron Pky 2.00 Mi 3.00 Mi 5.00 Mi Demographic Adjustment Residential Demographics Summary Data Census 2010 Households 19,412 34,476 68,744 Route Active Residential Count 20,376 37,033 81,449 Census 2010 Average Persons per Household 2.85 2.93 3.05 Census 2010 Population 55,356 101,326 210,010 Recalculated Route Lower range 57,970 108,612 248,273 Active Population Upper range 57,977 108,620 248,290 Census Households vs Route Residential Count 4.96% 7.42% 18.48% Origination Data Total Active Residential Count 20,376 37,033 81,449 Active Residential Count 20,376 37,033 81,448 Active Residential Delivery 20,376 36,759 78,901 Active Residential Box - 274 2,547 Additional Active General Delivery Count - - 2 Total Possible Residential Count 20,635 37,559 82,742 Additional Possible General Delivery Count - - 2 Census 2010 Households 19,412 34,476 68,744 Population in Households 55,229 101,112 209,546 1 Person Household 18.80% 17.28% 15.59% 2 Person Household 30.23% 28.87% 27.30% 3 Person Household 19.55% 19.94% 19.77% 4 Person Household 18.14% 19.68% 21.24% 5 Person Household 8.64% 9.06% 10.10% 6 or More Person Household 4.64% 5.18% 6.00% Population in Group Quarters 127 214 464 Correctional Facilities - Adult - - - Correctional Facilities - Juvenile - - 12.71% Nursing Facilities 95.29% 96.20% 84.23% College/University Student Housing - - - Military Quarters - - - Other Facilities 4.71% 3.80% 3.06% Total Housing Units 20,258 36,022 71,923 Occupied housing units 95.82% 95.71% 95.58% Owner-Occupied Housing Units 70.70% 71.19% 75.87% Renter-Occupied Housing Units 29.30% 28.81% 24.13% Population Households Population By Race Income Education (Age 25+) 2013 Estimated Population 58,914 108,462 221,309 2018 Projected Population 63,387 117,548 241,569 2010 Census Population 55,346 101,617 206,784 2000 Census Population 45,410 69,818 111,650 Projected Annual Growth 2013 to 2018 1.5% 1.7% 1.8% Historical Annual Growth 2000 to 2013 2.3% 4.3% 7.6% 2013 Median Age 36.2 35.3 34.2 2013 Estimated Households 20,669 36,865 72,491 2018 Projected Households 22,410 40,265 79,775 2010 Census Households 19,352 34,381 67,334 2000 Census Households 14,634 22,317 35,818 Projected Annual Growth 2013 to 2018 1.7% 1.8% 2.0% Historical Annual Growth 2000 to 2013 3.2% 5.0% 7.9% 2013 Estimated White 77.1% 73.6% 69.8% 2013 Estimated Black or African American 6.1% 7.5% 8.7% 2013 Estimated Asian or Pacific Islander 7.9% 9.0% 10.3% 2013 Estimated American Indian or Native Alaskan 0.6% 0.5% 0.5% 2013 Estimated Other Races 8.3% 9.4% 10.6% 2013 Estimated Hispanic 22.1% 24.8% 27.0% 2013 Estimated Average Household Income $100,909 $107,008 $107,445 2013 Estimated Median Household Income $85,945 $92,146 $95,532 2013 Estimated Per Capita Income $35,413 $36,381 $35,203 2013 Elementary (0 to 8) 3.1% 3.6% 4.4% 2013 Some High School (9 to 11) 4.8% 4.8% 4.7% 2013 High School Graduate 16.6% 16.9% 18.1% 2013 Some College 24.8% 22.9% 22.6% 2013 Associates Degree Only 7.6% 7.4% 7.4% 2013 Bachelors Degree Only 31.6% 31.1% 29.4% 2013 Graduate Degree 11.6% 13.2% 13.4% Business Demos Drop Site Business or Family Served Count 945 1,634 2,947 Active Business Deliveries 1,354 2,441 5,784 Possible Business Deliveries 1,463 2,595 6,024 Active vs Possible Business Deliveries 8.01% 6.33% 4.15% Business 2013 Estimated Total Businesses 1,915 3,320 5,764 2013 Estimated Total Employees 16,727 31,432 56,927 2013 Estimated Employee Population 8.7 9.5 9.9 2013 Estimated Residential Population 30.8 32.7 38.4 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. 3/2/2015