LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD |...

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Lantana 3,710 Homes Lantana Golf Course RANCH ROAD 407 RANCH ROAD 407 Future Restaurant Space Pad Site Available Pad Site Available PHASE II PHASE I FARM TO MARKET 407 24,557 VPD MCMAKIN RD JETER RD LANTANA TRAIL Casa Mia Mexican Restaurant 1,752 sf Available 1,420 sf Built Out Ice Cream 3,150 sf Built Out Medical Space Tokyo Samurai Sushi Bar Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation LANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA

Transcript of LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD |...

Page 1: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

Lantana3,710 Homes

LantanaGolf Course

RANCH

R OA D

407

RANCH

R OA D

407

Future Restaurant

Space

Pad SiteAvailable

Pad SiteAvailable

PHASE II

PHASE I

FARM TO MARKET 407 2

4,557 VPD

MCMAKIN RD

JETER RD

LANTANA TRAIL

Casa Mia MexicanRestaurant

1,752 sfAvailable

1,420 sfBuilt OutIce Cream

3,150 sfBuilt Out

Medical Space

Tokyo Samurai Sushi Bar

Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

LANTANA TOWN CENTERNWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS

EXCLUSIVE RETAIL IN AFFLUENT AREA

Page 2: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

PROJECT HIGHLIGHTS

JOSH [email protected]

KEVIN [email protected]

MAJOR AREA EMPLOYERS

$178K AVG HHIwithin 3 miles

99,723 POPULATIONwithin 5 miles

38% POPULATION GROWTHfrom 2010 – 2019 within 2 miles

Mesquite

Dallas

Grand Prairie

Cedar Hill

Arlington

Fort Worth

Weatherford

Lewisville

Bartonville

Copper Canyon

Corinth

Lantana

Double Oak

Denton

Flower Mound

South Lake

Colleyville

Roanoke

Grapevine

Bridgeport

Decatur

Carrollton

Irving

Garland

Frisco

McKinney

Allen

Plano Murphy

Altoga

Wylie

Addison

Richardson

Propser

Warren Pkwy.

Ohio

Dr.

Fairview

Terrell

45

45

20

20

20

30

30

30

30

35E

635

35E

35E

35E

35W

35W

35W

820

2020

20

20

67

175

80

75

75

77

175

287

287

380

377

377

287

287

180

377

380

380

67

T E X A S276

T E X A S205

T E X A S114

T E X A S114

T E X A S1171

T E X A S170

T E X A S407

T E X A S121

T E X A S289

T E X A S289

T E X A S114

T E X A S114

T E X A S360

T E X A S360

T E X A S183

T E X A S161

T E X A S161

T E X A S288

T E X A S2181

T E X A S183

T E X A S121

T E X A S199

T E X A S199

T E X A S171

T E X A S249

78T E X A S

12T E X A S

78T E X A S

5T E X A S

TOLL

PGBT

TOLL

PGBT

TOLL

DNT

TOLL

DNT

34T E X A S

TOLL

SRT

TOLL

SRT

TOLL

CTP

John Hickman Pkwy.Lantana Town CenterNWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS

• Affluent demographics surround this development

• 1,207 annualized closings within the immediate trade area within last year

• The retail component of Republic Property Group’s award-winning Lantana master-planned community

• PHASE I AVAILABLE: 1 Pad site 1,420 – 3,172 SF 3,150 SF built-out medical space

• PHASE II NOW LEASING Across the street: Restaurant, office and retail space

Page 3: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

Lantana3,710 Homes

LantanaGolf Course

RANCH

R OA D

407

RANCH

R OA D

407

Future Restaurant

Space

Pad SiteAvailable

Pad SiteAvailable

PHASE II

PHASE I

FARM TO MARKET 407 2

4,557 VPD

MCMAKIN RD

JETER RD

LANTANA TRAIL

Casa Mia MexicanRestaurant

1,752 sfAvailable

1,420 sfBuilt OutIce Cream

3,150 sfBuilt Out

Medical Space

Tokyo Samurai Sushi Bar

LANTANA TOWN CENTER | BARTONVILLE, TEXAS

AERIAL

02.2020 | 02.2020

Page 4: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

J ET

ER

RO

AD

F M 4 0 7

MC

MA

KIN

RO

AD

FUTURELEASE

14,820 SF

FUTURELEASE

12,000 SF FUTURE LEASE10,500 SF

FUTURELEASE

4,800 SFFUTURELEASE

7,350 SF

FUTURELEASE

6,750 SF

FUTURELEASE

6,000 SF

LEASE: 1,420 SF

LEASE: 1,752 SF

FUEL STATION

TRACT 4

TRACT 2

TRACT 3

TRACT 1

TR

AC

T 5

TRACT 6

TRACT 7

TRACT 8

TRACT 9 TRACT 10 TRACT 11

TRACT 12

DETENTION

DETENTION 1

DETENTION 2

LANDSCAPING BUFFER

1 2 3

4 5

6

13 14 15

16

17 18

19

20

7

8

9

10 11

12

21

2223 24 25

26

27

28 29

30

31 32

33 34

35

36

KEY BUSINESS LEASE AREAS

1 Available Pad 61,082 SF

2 Available Pad 86,492 SF

3 Future Lease 12,000 SF

4 Future Lease 10,500 SF

5 Shellman’s Fine Wine & Spirits 4,941 SF

6 Dr. Santilli, DDS 2,120 SF

7 Bank of America 1,413 SF

8 Luxury Nails Salon & Spa 2,818 SF

9 Great Clips 1,050 SF

10 Casamia Mexican Restaurant 2,842 SF

11 Future Lease 7,350 SF

12 Future Lease 6,750 SF

13 Dickey’s Barbecue Pit 1,750 SF

14 Domino’s Pizza 2,100 SF

15 Nova Smile Care 2,100 SF

16 Salon M 1,725 SF

17 ATI Physical Therapy 2,125 SF

18 AT&T 1,909 SF

19 Starbucks 2,200 SF

20 Firestone 7,800 SF

21 Chase 3,558 SF

22 Kroger Marketplace 113,531 SF

23 Hollywood Feed 3,128 SF

24 Available For Lease 1,752 SF

25 Available For Lease 1,420 SF

26 Tokyo Samurai 3,500 SF

27 Farmers Insurance 1,050 SF

28 Terry’s Donuts 1,400 SF

29 The Tutoring Center 1,400 SF

30 Pediatric Dentist 3,150 SF

31 Legacy Nails 2,450 SF

32 F45 2,100 SF

33 Lantana Eye Care 2,100 SF

34 Supercuts 1,400 SF

35 Leased 3,150 SF

36 Available Pad 58,455 SF

SITE PLAN

LANTANA TOWN CENTER | BARTONVILLE, TEXAS

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART SP130 | 09.03.19

Page 5: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

DEMOGRAPHICS

LANTANA TOWN CENTER | BARTONVILLE, TEXAS

POPULATION 2 MILES 3 MILES 5 MILES

Current Households 4,526 8,657 32,140

Current Population 14,081 26,670 99,723

2010 Census Population 10,206 20,500 77,563

Population Growth 2010 to 2019 38.05% 30.30% 28.93%

2019 Median Age 37.7 38.7 38.3

INCOME 2 MILES 3 MILES 5 MILES

Average Household Income $168,583 $178,901 $172,429

Median Household Income $152,994 $153,520 $142,608

Per Capita Income $54,956 $58,334 $56,811

RACE AND ETHNICITY 2 MILES 3 MILES 5 MILES

White 79.32% 80.49% 76.87%

Black or African American 7.33% 6.57% 6.26%

Asian or Pacific Islander 4.54% 5.41% 10.21%

Hispanic 21.12% 17.83% 14.62%

CENSUS HOUSEHOLDS 2 MILES 3 MILES 5 MILES

1 Person Household 9.13% 9.12% 10.28%

2 Person Households 32.27% 31.85% 29.91%

3+ Person Households 58.60% 59.03% 59.81%

Owner-Occupied Housing Units 93.39% 93.73% 91.33%

Renter-Occupied Housing Units 6.61% 6.27% 8.67%

2010 Census, 2019 Estimates with Delivery Statistics as of 12/19

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THE NEWQUEST NETWORK

MAXIMIZING VALUEEXCEEDING CLIENT EXPECTATIONS

GROCERY-ANCHORED SHOPPING CENTERS

RETAIL & MIXED-USE PORTFOLIO

$2.2 BILLION

IN TEXAS & LOUISIANA

LEASING SERVICES12 MILLION SF

AVAILABLE COMMERCIAL LAND

175 PADS300 ACRES

REPRESENTATION ACCOUNTS

TENANT100+

NewQuest Properties is one of the nation’s leading commercial real estate services firms, with a

fully integrated marketing platform leveraging over 20 years of experience in land, development,

commercial leasing, investment sales, property management and tenant representation services.

Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

MARKET LEADER

Page 7: LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS EXCLUSIVE RETAIL IN AFFLUENT AREA PROJECT HIGHLIGHTS JOSH FRIEDLANDER

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, 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 information about the property or transaction received by the

broker;• Answer the client’s questions and present any offer to or counter-offer from the client; and• Treat all parties to a real estate transaction 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 written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the pro erty or transaction known by the agent, including information 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 written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who

will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written 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 instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted in a written offer; and• any confidential information or any other information that a party specifically instructs the broker

in writing 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 transaction 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 duties and responsibilities to you, and your obligations under the representation 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 notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

License No.

License No.

License No.

License No.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

The information herein 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.

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

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

Rev 02.27.2020 ct