COMMERCIAL DEVELOPMEN Shops at Parkway Lakes 77406 Anderson Smith & Geoff Bracken 281-816-6550 www.capitalretailproperties.com SEC of GRAND PKWY & BELLAIRE B RICHMOND APRIL 12,
WESTPARK TOLLWAY HARDY TOLLWAY SAM HOUSTON TOLLWAY Shops at Parkway Lakes PROPERTY DESCRIPTION: Located at the Southeast hard corner of Bellaire Blvd and the Grand Parkway, Great visibility, very dense trade area population, good HH incomes, and high traffic counts. Across from the Shops at Bella Terra (NWC) with Walmart, Best Buy, Kohls, Ross, 24 Hr Fitness, & Chickfil-a and directly across from Sam s Club on the NEC, AVAILABLE: 13,000 SF (1,400 SF Min) AREA RETAILERS: 45 59 290 249 1960 45 290 610 10 HOUSTON 6 36 59 288 45 Contacts: Anderson Smith & Geoff Bracken
Shops at Parkway Lakes Retail Aerial Anderson Smith asmith@capitalretailproperties.com Geoff Bracken gbracken@capitalretailproperties.com 281-816-6550
Shops at Parkway Lakes Site Plan Anderson Smith asmith@capitalretailproperties.com Geoff Bracken gbracken@capitalretailproperties.com 281-816-6550
Shops at Parkway Lakes Demographics Summary Profile 1 mi 2 mi 3 mi 5 mi POPULATION (3 mi Radius, 2018) 83,752 HOUSEHOLDS (3 mi Radius, 2018) 26,528 INCOME (3 mi Radius) 2018 Average: $150,408 TOTAL DAYTIME POPULATION (3 mi Radius) 58,126 Population Summary 2000 Total Population 275 3,660 8,294 2010 Total Population 2,611 22,362 52,437 2018 Total Population 4,964 34,482 83,752 2018 Group Quarters 0 0 19 2023 Total Population 6,331 42,976 103,210 2018-2023 Annual Rate 4.% 4.50% 4.27% 2018 Total Daytime Population 5,060 25,209 58,126 Workers 2,282 5,292 10,125 Residents 2,778 19,917 48,001 Household Summary 2000 Households 90 1,179 2,679 2000 Average Household Size 3.06 3.10 3.09 2010 Households 824 6,960 16,419 2010 Average Household Size 3.17 3.21 3.19 2018 Households 1,600 10,895 26,528 2018 Average Household Size 3.10 3.16 3.16 2023 Households 2,049 13,644 32,797 2023 Average Household Size 3.09 3.15 3.15 2018-2023 Annual Rate 5.07% 4.60% 4.33% 2010 Families 680 6,088 14,167 2010 Average Family Size 3.51 3.46 3.47 2018 Families 1,323 9,378 22,492 2018 Average Family Size 3.44 3.44 3.47 2023 Families 1,685 11,679 27,661 2023 Average Family Size 3.44 3.44 3.47 2018-2023 Annual Rate 4.96% 4.49% 4.22% Housing Unit Summary 2000 Housing Units 95 1,256 2,915 Owner Occupied Housing Units 90.5% 90.6% 88.3% Renter Occupied Housing Units 4.2% 3.2% 3.6% Vacant Housing Units 5.3% 6.2% 8.1% 2010 Housing Units 876 7,202 16,5 Owner Occupied Housing Units 82.1% 88.1% 86.0% Renter Occupied Housing Units 12.1% 8.5% 10.7% Vacant Housing Units 5.9% 3.4% 3.4% 2018 Housing Units 1,607 10,962 26,777 Owner Occupied Housing Units 88.4% 81.7% 83.2% Renter Occupied Housing Units 11.2% 17.7% 15.9% Vacant Housing Units 0.4% 0.6% 0.9% 2023 Housing Units 2,057 13,721 33,068 Owner Occupied Housing Units 87.7% 83.3% 84.2% Renter Occupied Housing Units 11.9% 16.2% 15.0% Vacant Housing Units 0.4% 0.6% 0.8% Median Household Income 2018 $102,247 $117,887 $119,570 2023 $109,548 $125,538 $127,198 Median Home Value 2018 $229,521 $256,240 $281,740 2023 $279,048 $308,772 $327,624 Per Capita Income 2018 $39,694 $45,491 $47,681 2023 $44,743 $50,464 $52,533 Median Age 2010 31.7 33.4 33.9 2018 32.9 33.8 34.4 2023 1 mile 31.7 2 miles 32.5 3 miles 33.2 2018 Population 25+ by Educational Attainment Total 3,029 20,730 51,055 Less than 9th Grade 2.7% 1.6% 2.0% 9th - 12th Grade, No Diploma 2.5% 1.5% 1.8% High School Graduate 10.3% 10.0% 9.9% GED/Alternative Credential 1.7% 1.2% 1.5% Some College, No Degree 19.8% 17.5% 16.9% Associate Degree 9.0% 7.9% 7.3% Bachelor's Degree 33.3% 38.1% 37.6% Graduate/Professional Degree 20.7% 22.3% 22.9% 36,777 129,455 201,082 117 247,849 4.27% 138,329 25,171 113,158 11,686 3.14 41,120 3.14 63,634 3.16 78,310 3.16 4.24% 35,070 3.44 53,796 3.48 65,1 3.49 4.17% 12,403 83.7% 10.5% 5.8% 42,747 82.7% 13.5% 3.8% 64,386 82.6% 16.2% 1.2% 78,986 84.0% 15.1% 0.9% $120,785 $128,149 $288,790 $337,068 $47,616 $52,277 34.1 34.6 33.9 5 miles 124,491 2.1% 2.1% 10.0% 1.3% 17.7% 7.8% 36.6% 22.5% Anderson Smith asmith@capitalretailproperties.com Geoff Bracken gbracken@capitalretailproperties.com 281-816-6550
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