HEIGHTS CENTRAL STATION - NewQuest PropertiesFARM W ESTPARK ROAD 1463 6 TEXAS 6 TEXAS • Heights...

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Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation HEIGHTS CENTRAL STATION 1050 YALE STREET | HOUSTON, TEXAS 1ST FLOOR 1,013 SF & 2ND FLOOR 719 SF FOR LEASE LAST TWO SPACES

Transcript of HEIGHTS CENTRAL STATION - NewQuest PropertiesFARM W ESTPARK ROAD 1463 6 TEXAS 6 TEXAS • Heights...

Page 1: HEIGHTS CENTRAL STATION - NewQuest PropertiesFARM W ESTPARK ROAD 1463 6 TEXAS 6 TEXAS • Heights Central Station is a low-rise mixed-use urban development • Site is located off

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

HEIGHTS CENTRAL STATION1050 YALE STREET | HOUSTON, TEXAS

1ST FLOOR 1,013 SF & 2ND FLOOR 719 SF FOR LEASE

LAST TWO SPACES

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PROJECT HIGHLIGHTS

TOP URBAN AREA

HOUSTONIAN MAGAZINEThe 10 Hottest Neighborhoods in Houston in 2018

Top 25 Neighborhoods in 2015/2016

AREA VIBES LIVABILITY#17 Neighborhood in Houston Metro32% GROWTH

from 2010 – 2020 within 3 miles

Houston Baytown

Texas City

Galveston

Pearland

Sugar Land

Richmond

Katy

Conroe

The Woodlands

Spring

Cypress

45

45

10

610

610

59

59

90

90

90

TOLL

99

TOLL

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

FA R M

R OA D

1960

290

T E X A S105

T E X A S105

T E X A S288

T E X A S146

T E X A S146

T E X A S336

T E X A S242

T E X A S249

FA R M

R OA D

2920

TOLLWAY

WESTPARKFA R M

R OA D

1463

6T E X A S

6T E X A S

• Heights Central Station is a low-rise mixed-use urban development

• Site is located off 11th St., the main east/west street through the Heights

• It consists of 3 buildings total, two 2-story buildings fronting 11th Street, with their street front doors up on the sidewalk

• The third building is a drive thru served 1,200 SF coffee shop

• The buildings have a historical architecture that keeps in step with the surrounding area, as well as Heights Blvd. jogging trail which will connect the center with the community

• Site will have 4:1K parks as well as a bicycle station inviting on-foot patrons

AVAILABLE SPACE: EAST BUILDING

Heights Central Station1050 YALE STREET | HOUSTON, TEXAS

CHRIS DRAY281.640.7682 [email protected]

1st Floor:

1,013 SF currently operating as RichGirl’s Boutique $50 PSF + $14 PSF NNN’s

2nd Floor:

719 SF shell space between Fred Astaire and Shine Hair Salon $38 PSF + $14 PSF NNN’s

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WHITE OAK DR.

E 11TH ST.

E 20TH ST.

N S

HE

PH

ER

D D

R.

N D

UR

HA

M D

R.

YALE

ST.

HE

IGH

TS B

LVD

.

AIR

LIN

E D

R.

STU

DE

WO

OD

ST.

N MAIN ST.

NO

RTH

FREEW

AY 193,109 V

PD

45

N LOOP W FWY 157,303 VPD610

Galleria15 Miles

7.5 MinutesAllen Pkwy

2.7 Miles7 Minutes

Midtown4.7 Miles

12 Minutes

Downtown4.3 Miles8 Minutes

Whiteoak Bayou

W

hiteoak Bayo

u

KATY FREEWAY 215,304 VPD10

HoustonFarmersMarket

Heights Mercantile

HEIGHTS CENTRAL STATION

HEIGHTS CENTRAL STATION | HOUSTON, TEXAS

AERIAL

06.20 | 12.18

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1st Floor1,013 SF

2nd Floor917 SF

Dentist

HEIGHTS CENTRAL STATION | HOUSTON, TEXAS

AERIAL

07.20 | 05.20

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LEVEL 1

© 2018 Kirksey

03 AUGUST 20180 8' 16' 32'

A1/DETAIL

14'-8"

1'-2 1/4"

6"

4'-2

" C

LR

9'-0

"3'

-4"

5'-4

"6'

-8"

2'-8

"

4,503.99 sq ft

4,314.83 sq ft

1,287.67 sq ft

1,163.32 sq ft

1,013 SF

VERTICAL

PENETRATION

VERTICAL

PENETRATION

RAW

BUILDING

COMMON

RAW BUILDING

COMMON

LOBBY &

CORRIDORS

CONSTRUCTION GROSS AREA

BOMA GROSS AREA

CONSTRUCTION GROSS AREA

BOMA GROSS AREA

Dish Society (NEIGHBORHOOD

RESTAURANT)3,467 sq ft UFA

KOLACHE

SHOPPE(Take-Out)

1,200 sq ft

VACANT

Level 2Black = Leased

Red = Not currently leased

24'-5 1/2"

40'-3

1/2"

SITE PLAN

HEIGHTS CENTRAL STATION | HOUSTON, TEXAS

EAST BUILDING1ST FLOOR

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LEVEL 2

© 2018 Kirksey

02 AUGUST 20180 8' 16' 32'

4,938.45 sq ft

1,769.60 sq ft1,587 sq ft

CONSTRUCTION GROSS AREA

VacantDentist(Clinic)

Endodontist(Clinic) 40

'-3 1/

2"

19'-10 1/2"

30'-9

1/4"

719 SF

SITE PLAN

HEIGHTS CENTRAL STATION | HOUSTON, TEXAS

EAST BUILDING2ND FLOOR

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DEMOGRAPHICS

HEIGHTS CENTRAL STATION | HOUSTON, TEXAS

2010 Census, 2020 Estimates with Delivery Statistics as of 04/20

POPULATION 3 MILES

Current Households 83,581

Current Population 181,144

2010 Census Population 142,019

Population Growth 2010 to 2020 32%

2020 Median Age 36

INCOME 3 MILES

Average Household Income $133,407

Median Household Income $83,477

Per Capita Income $64,299

RACE AND ETHNICITY 3 MILES

White 62%

Black or African American 15%

Asian or Pacific Islander 5%

Other Races 18%

Hispanic 45%

CENSUS HOUSEHOLDS 3 MILES

1 Person Household 40%

2 Person Households 33%

3+ Person Households 27%

Owner-Occupied Housing Units 51%

Renter-Occupied Housing Units 49%

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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 07.30.20 DK