Eldridge Lakes Town Center - NewQuest Properties · k w y 9 W Li tle York R d nrRd C unn i g am...

1960

6

90

90

36

105

90

36

6

36

99

249

249TOLLWAY

HCTRA

288

45

610

290

59

45

45

1010

Future

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Future

99

99

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TOLLWAY

HCTRA

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TOLLWAY

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TOLLWAY

HCTRA

59

Huntsville

Willis

TheWoodlands

Cleveland

Conroe

Tomball

Cypress

Pearland

HoustonHoustonKaty

7.15 | 6.15

TENANTS

N E

ldrid

ge P

kwy

Farm To Market Rd 529

W Little York Rd

Tanner Rd

Cu

nn

ing

ham

Rd



Demographics 1.00 Mi 3.00 Mi 5.00 Mi

Active Population 10,716 84,841 259,662

Residential Count: 3,387 29,403 90,205

Average Household Income $129,265 $92,493 $87,166

Growth Since 2010 Census 4.66% 8.25% 8.89%Source: USPS Postal Count, 6/15

Ashley Williams281.477.4378 [email protected]

Eldridge Lakes Town Center is located on the northeast corner of

West Little York and Eldridge Parkway just south of Highway 290 and

west of the Sam Houston Toll Road. This grocery anchored center is

positioned adjacent to the highly active residential developments of

Lakes of Eldridge, Villages of Lake Point and Eldridge Park. North

Eldridge Parkway & West Little York are both four (4) lane divided

streets with a four-way stoplight at the intersection. Daytime

traffic generators include Toshiba (900 employees), Drilquip (800

employees) and National Oilwell/Varco (400 employees), and NOV

office building (600 employees).

Project Size (Not a part)

• LA Fitness: 45,000 SF

• Kroger: 62,000 SF

• Retail Space: 25,000 SF

Available For Lease

• Retail Space For Lease: 1,050 SF

Traffic Counts:

• 35,290 cars per day on N. Eldridge Parkway N. of W. Little York

• 33,830 cars per day on N. Eldridge Parkway S. of W.Little York

• 33,990 cars per day on West Little York W. of Eldridge Pkwy

• 30,090 cars per day on West Little York E. of Eldrige PkwySource: Texas Department of Transportation, 2011 counts



RETAIL AERIAL

7.15 | 6.15



SP73 | 6.23.15

SITE PLAN

1.00 Mi 3.00 Mi 5.00 Mi

DEMOGRAPHIC ADJUSTMENTSummary DataCensus 2010 Households 3,237 27,163 82,843Route Active Residential Count 3,387 29,403 90,205Census 2010 Average Persons per Household 3.16 2.88 2.88Census 2010 Population 10,239 78,377 239,096Recalculated Route Lower range 10,713 84,810 259,439Active Population Upper range 10,716 84,841 259,662Census Households vs Route Residential Count 4.66% 8.25% 8.89%

RESIDENTIAL DEMOGRAPHICSOrigination Data Total Active Residential Count 3,387 29,403 90,205Active Residential Count 3,387 29,403 90,205Active Residential Delivery 3,387 28,415 88,603Active Residential Box - 988 1,602Additional Active General Delivery Count - - - Total Possible Residential Count 3,388 29,628 90,979Additional Possible General Delivery Count - - - Census 2010 Households 3,237 27,163 82,843Population in Households 10,236 78,349 238,2641 Person Household 13.19% 20.97% 21.55%2 Person Household 28.58% 28.98% 28.20%3 Person Household 17.93% 17.98% 18.22%4 Person Household 22.23% 16.69% 16.81%5 Person Household 10.66% 8.75% 8.69%6 or More Person Household 7.42% 6.63% 6.53%Population in Group Quarters 3 28 832Correctional Facilities - Adult - - 0.49%Correctional Facilities - Juvenile - - 1.56%Nursing Facilities - - 63.93%College/University Student Housing - - - Military Quarters - - - Other Facilities 100.00% 100.00% 34.02% Total Housing Units 3,324 28,879 88,379Occupied housing units 97.37% 94.06% 93.74%Owner-Occupied Housing Units 85.26% 62.60% 64.81%Renter-Occupied Housing Units 14.74% 37.40% 35.19%

BUSINESS DEMOGRAPHICSDrop Site Business or Family Served Count 261 1,166 3,486Active Business Deliveries 174 3,522 8,584Possible Business Deliveries 176 3,707 9,178Active vs Possible Business Deliveries 0.95% 5.25% 6.93%

Delivery Statistics as of 6/15

1.00 Mi 3.00 Mi 5.00 Mi

POPULATION2015 Estimated Population 12,269 80,431 254,1862020 Projected Population 13,461 88,494 280,8732010 Census Population 12,017 77,002 241,7872000 Census Population 7,584 56,529 180,113Projected Annual Growth 2015 to 2020 1.9% 2.0% 2.1%Historical Annual Growth 2000 to 2015 4.1% 2.8% 2.7%

AGE 2015 Median Age 35.5 33.7 33.8

HOUSEHOLDS2015 Estimated Households 3,935 28,395 89,8782020 Projected Households 4,222 30,500 96,8682010 Census Households 3,782 26,592 83,6492000 Census Households 2,305 19,823 62,170Projected Annual Growth 2015 to 2020 1.5% 1.5% 1.6%Historical Annual Growth 2000 to 2015 4.7% 2.9% 3.0%

RACE AND ETHNICITY2015 Estimated White 56.0% 58.6% 58.1%2015 Estimated Black or African American 6.8% 12.0% 12.9%2015 Estimated Asian or Pacific Islander 23.7% 12.9% 12.3%2015 Estimated American Indian or Native Alaskan 0.6% 0.6% 0.6%2015 Estimated Other Races 12.9% 15.9% 16.1%2015 Estimated Hispanic 30.9% 38.5% 36.3%

INCOME2015 Estimated Average Household Income $129,265 $92,493 $87,1662015 Estimated Median Household Income $102,675 $74,237 $71,2642015 Estimated Per Capita Income $41,459 $32,656 $30,846

EDUCATION (AGE 25+)2015 Estimated Elementary (0 to 8) 9.2% 10.3% 10.5%2015 Estimated Some High School (9 to 11) 8.1% 12.1% 10.8%2015 Estimated High School Graduate 15.2% 19.7% 19.8%2015 Estimated Some College 13.0% 17.0% 18.4%2015 Estimated Associates Degree Only 4.3% 4.9% 5.2%2015 Estimated Bachelors Degree Only 22.4% 18.2% 18.6%2015 Estimated Graduate Degree 27.9% 17.8% 16.6%

BUSINESS2015 Estimated Total Businesses 515 3,402 9,2522015 Estimated Total Employees 8,530 47,877 128,0572015 Estimated Employee Population per Business 16.5 14.1 13.82015 Estimated Residential Population per Business 23.8 23.6 27.5

2000 - 2010 Census, 2015 Estimates with 2020 Projections



SUMMARYPOSTAL

TotalSupply

3453Q11 8089335 15 184 868273776.6 38.2 414751084Q11 6279326 14 155 797283605.7 33.8 33889

401Q12 7663326 10 149 767309745.5 29.8 29480372Q12 11964317 11 194 6483291187.3 23.6 36573803Q12 12257359 13 192 5813671156.4 19.0 318117

1604Q12 9263359 13 168 585372655.6 18.9 25589

1911Q13 8062370 12 154 583375775.0 18.7 262911932Q13 16258377 12 232 4264151587.4 12.3 263801453Q13 17844379 12 234 3054211217.4 8.7 263119

784Q13 13934422 8 181 228435795.1 6.3 312132

1411Q14 9928444 8 135 299425673.6 8.4 1491131402Q14 8538423 8 131 244322553.7 9.1 344591883Q14 9422376 5 121 230263623.9 10.5 295722804Q14 8414303 5 103 283225414.1 15.1 37759

1421Q15 10526226 5 136 214227697.2 11.3 517361422Q15 8919230 2 110 177209375.7 10.2 517631653Q15 9527209 2 124 183212657.1 10.4 44651

Elridge Lakes Town CenterHistorical Housing Activity Summary

Qtr UCFinVacAnnClos

QtrClos Total Inv VDL

AnnStarts

QtrStarts

VDLSupply

Ann Lot DelivFut LotsModel

Copyright MetrostudyHouston Residential Survey (3Q15)

Information About Brokerage ServicesApproved 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.

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 that 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 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 , 512-936-3000 (http://www.trec.texas.gov)

TREC No. OP-K / 10-10-11

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

newquest.com

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. Rev. 10/28/15 ct

Eldridge Lakes Town Center - NewQuest Properties · k w y 9 W Li tle York R d nrRd C unn i g am...

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