Post on 24-Jun-2020
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
NEC of Eldridge Parkway & West Little York Rd | Houston, Texas
Ashley Williams | 281.477.4300
Eldridge Lakes Town Center
Retail Space For Lease | 1 Space Left!
1960
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90
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36
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99
249
249TOLLWAY
HCTRA
288
45
610
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59
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1010
Future
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Future
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TOLLWAY
HCTRA
TOLLWAY
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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
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Rd
NEC of Eldridge Parkway & West Little York Rd | Houston, Texas
Eldridge Lakes Town Center
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 awilliams@newquest.com
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
NEC of Eldridge Parkway & West Little York Rd | Houston, Texas
Eldridge Lakes Town Center
RETAIL AERIAL
7.15 | 6.15
NEC of Eldridge Parkway & West Little York Rd | Houston, Texas
Eldridge Lakes Town Center
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
NEC of Eldridge Parkway & West Little York Rd | Houston, Texas
Eldridge Lakes Town Center
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