MIXED-USE 6,339 SF · 2019-10-08 · lindsey mckean | jeff beard, ccim | 281 -367 2220 |...
Transcript of MIXED-USE 6,339 SF · 2019-10-08 · lindsey mckean | jeff beard, ccim | 281 -367 2220 |...
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
LINDSEY MCKEAN | JEFF BEARD, CCIM10077 GROGAN’S MILL RD | SUITE 135 | THE WOODLANDS, TX 77380 | 281.367.2220 | JBEARDCOMPANY.COM
MIXED-USE
DEVELOPMENTResearch Forest Dr.
& Egypt Ln.
The Woodlands, TX
WESTGATE CROSSING
6,339 SF AVAILABLE
Opening
Summer
2020
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
6,339 SF AVAILABLE
LINDSEY MCKEAN | JEFF BEARD, CCIM10077 GROGAN’S MILL RD | SUITE 135 | THE WOODLANDS, TX 77380 | 281.367.2220 | JBEARDCOMPANY.COM
MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
WESTGATE CROSSING
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
►60,000 SF +/- Mixed-Use Development at
the NEC of Research Forest Dr. & Egypt Ln. with retail,
restaurant, professional office and other commercial
space available.
►Direct access to The Woodlands via
Research Forest Drive and Egypt Lane. Situated at a
main ingress/egress point for The Woodlands.
►Adjacent to Target anchored power
center with national retailers including: Ross Dress
for Less, OfficeMax, PetSmart, Famous Footwear and
Gold's Gym, Walgreen’s, T.J. Maxx. Also, nearby are
Kroger, Home Depot, Wells Fargo and Bank of America.✓ Honea-Egypt Rd expansion from 2 to 4 lanes with middle turn lane complete.
✓ Egypt Ln expansion from 2 to 4 lanes with middle turn lane and drainage ditches completed.
✓ Dedicated right turn lane on Research Forest Drive to Egypt Ln northbound approved for construction.
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
✓ Strategically located at lighted intersection of Egypt Ln and Research Forest Dr.
✓ Egypt Ln expansion from 2 to 4 lanes with middle turn lane and drainage ditches to be completed.
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
SITE
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX ►
5% to 9.18%
4% to 4.99%
3% to 3.99%
2% to 2.99%
0.02% to 1.99%
The population growth potential at the site, due to many factors
including location, traffic flow and
future development plans is
exceptional.
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
FM 1488North of Research Forest
11.3% INCREASE(1 YR GAIN, 2016-2017)
SITEFM 2978
North of Research Forest
12.1% INCREASE(1 YR GAIN, 2016-2017)
RESEARCH FOREST@ Egypt Lane
8.8% INCREASE(1 YR GAIN, 2016-2017)
Traffic Counts Increase WESTGATE
2013-2017122%
(RESEARCH FOREST DR)
✓ The traffic flow patterns at the site show
exponential growth over the past four years.
✓ The site sits at a major lighted
intersection less than two blocks from multiple
major regional thoroughfares with traffic counts of
over 40,000 cars per day.
✓ Recent road expansions on Research
Forest Drive and Egypt Lane have led to a
more than double increase in traffic counts on these
thoroughfares.
✓ These increases in traffic at our site may
be a factor in the 12% decrease in the traffic counts
on Woodlands Parkway, the other main east-west
thoroughfare in The Woodlands.
►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX
$40 Billion Underserved
Restaurant Potential
SITE55 to 100
25 to 54.9
-0 to 24.9
-50 to -0.1
-92.9 to -50.1
LEAKAGE
SURPLUS
2017 Leakage/Surplus
Factor: Restaurants/Other
Eating Places
►
This information contained herein has been obtained from reliable sources; however, The J. Beard Company, LLC and The J. Beard Real Estate Company, L.P., makes no guarantees,
warranties or representations to the completeness or accuracy of the data. Property submitted is subject to errors, omissions, change of price, prior sale or withdrawal without notice
.
10077 GROGAN'S MILL ROAD | SUITE 135 | THE WOODLANDS, TX 77380 LINDSEY MCKEAN | JEFF BEARD, CCIM | 281-367-2220 | JBEARDCOMPANY.COM
WESTGATE CROSSING | MIXED-USE DEVELOPMENTResearch Forest Dr. & Egypt Ln.
The Woodlands, TX