NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should...

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NEW FOREST CROSSING III NWQ Wallisville Rd & Beltway 8 | Houston, TX Ford Scott & Anderson Smith | 281-816-6550 | www.capitalretailproperties.com

Transcript of NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should...

Page 1: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

NEW FOREST CROSSING IIINWQ Wallisvil le Rd & Beltway 8 | Houston, TX

Ford Scott & Anderson Smith | 281-816-6550 | www.capitalretailproperties.com

Page 2: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

LakeHouston

GalvestonBay

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610

SAM HOUSTON

TOLLWAY

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Property Description:Located in east Houston, this site is located at an intersection that has experienced a tremendous amount of residential and retail growth over the past 10 years. The residential areas to the north and east of the site are among the fastest growing areas in Houston.

Traffic Generators:- Close Proximity to the $1.2B Bayport Container and Cruise Terminal, and Walmart’s 4M SF distribution complex

- Port of Houston and the Houston Ship Channel are ~7 minutes away

- +/- 1 mile from the North Campus of San Jacinto College

Available:1.89 & 2.05 Acre Pad SitesUp to 13,800 SF Inline Space (divisible)

Traffic Counts:Wallisville Rd – 30,100 VPDBeltway 8 – 72,000 VPD

Area Retailers:

NEW FOREST CROSSING IIINWQ Wallisvil le Rd & Beltway 8 | Houston, TX

Ford Scott & Anderson Smith281-816-6550

[email protected]@capitalretailproperties.com

Page 3: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

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NEW FOREST CROSSING IIINWQ Wallisvil le Rd & Beltway 8 | Houston, TX

Ford Scott & Anderson Smith281-816-6550

[email protected]@capitalretailproperties.com

Page 4: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

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NEW FOREST CROSSING IIINWQ Wallisvil le Rd & Beltway 8 | Houston, TX

Ford Scott & Anderson Smith281-816-6550

[email protected]@capitalretailproperties.com

Page 5: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

NEW FOREST CROSSING IIINWQ Wallisvil le Rd & Beltway 8 | Houston, TX

Ford Scott & Anderson Smith281-816-6550

[email protected]@capitalretailproperties.com

STI: PopStats - Basic Summary 15500 Wallisville Rd & 5750 E Sam Houston Pkwy N Houston, TX

14 December 2011 Coordinates Longitude: -95.162860 Latitude: 29.808830

1 MILE 2 MILE 3 MILE 5 MILE RING RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI 78.53 SQ/MI

Data Source: © 2009 Pitney Bowes Software Inc. All Rights Reserved. Page 1

POPULATION 1990 Population 5,986 33,322 61,829 100,089 2000 Population 7,602 39,796 73,421 117,517 2010 Population (Census) 10,083 50,239 90,399 141,501 % Growth 2000 - 2010 24.6% 20.8% 18.8% 16.9% % Growth 2011 - 2016 9.2% 9.0% 9.6% 11.1% HOUSEHOLDS 1990 Households 1,775 10,845 20,756 33,279 2000 Households 2,244 12,664 23,393 36,798 2011 Households 2,788 14,328 27,487 43,422 Avg Household Size 3.1 3.1 3.2 3.2 EMPLOYMENT 2011 Total Employers 49 327 935 1,871 2011 Workplace Employees 1,502 8,008 20,736 40,046 POPULATION BY OCCUPATION Total Workforce 4,796 20,323 37,105 57,666 % Blue Collar 34.6% 39.5% 44.0% 47.1% % White Collar 65.4% 60.5% 56.0% 52.9% RACE % White 16.8% 16.3% 17.9% 18.3% % Hispanic 47.5% 54.9% 58.9% 60.0% % Black 30.7% 25.2% 20.0% 19.0% % Asian 3.7% 2.5% 2.1% 1.6% % Other 1.3% 1.2% 1.2% 1.1% White 1,573 7,455 15,575 25,432 Hispanic 4,441 25,120 51,110 83,310 Black 2,868 11,524 17,328 26,374 Asian 346 1,155 1,820 2,267 Other 121 543 1,015 1,542 HOUSING % Renter Occupied Housing Units 16.4% 33.8% 36.9% 38.9% % Owner Occupied Housing Units 83.6% 66.2% 63.1% 61.1% INCOME 2011 Median Household Income $64,175 $54,228 $52,881 $49,369 2011 Average Household Income $74,221 $65,168 $63,436 $59,012

STI: PopStats - Basic Summary 15500 Wallisville Rd & 5750 E Sam Houston Pkwy N Houston, TX

14 December 2011 Coordinates Longitude: -95.162860 Latitude: 29.808830

1 MILE 2 MILE 3 MILE 5 MILE RING RING RING RING 3.14 SQ/MI 12.56 SQ/MI 28.27 SQ/MI 78.53 SQ/MI

Data Source: © 2009 Pitney Bowes Software Inc. All Rights Reserved. Page 2

COLLEGE EDUCATION (Age 25+) % < 9th Grade 7.6% 10.6% 13.5% 15.2% % Some High School 12.0% 15.8% 17.9% 18.3% % High School 26.7% 28.4% 28.7% 29.4% % Some College 28.2% 25.8% 23.3% 22.1% % College - Associates Degree 7.5% 6.6% 5.6% 4.9% % College - Bachelors Degree 14.4% 9.7% 8.0% 7.3% % College - Masters Degree 2.7% 2.1% 2.1% 2.0% % College - Professional Degree 0.7% 0.8% 0.7% 0.7% % College - Doctorate Degree 0.2% 0.2% 0.2% 0.2% AGE Median Age 29.6 28.1 28.1 27.6 Median Age Male 28.2 27.1 27.2 26.9 Median Age Female 31.1 29.2 28.9 28.2 Male < 5 years 355 1,888 3,607 5,769 Male 5 - 14 years 625 3,305 6,309 10,136 Male 14 - 18 years 263 1,433 2,799 4,631 Male 18 - 22 years 320 1,552 2,972 4,765 Male 22 - 25 years 257 1,162 2,126 3,322 Male 25 - 30 years 409 1,859 3,383 5,400 Male 30 - 35 years 294 1,487 2,851 4,782 Male 35 - 40 years 235 1,384 2,765 4,678 Male 40 - 45 years 265 1,398 2,773 4,565 Male 45 - 50 years 305 1,449 2,846 4,610 Male 50 - 55 years 361 1,546 2,898 4,557 Male 55 - 60 years 350 1,406 2,559 4,004 Male 60 - 65 years 258 1,079 1,998 3,174 Male 65 - 70 years 162 708 1,353 2,121 Male 70 - 75 years 85 428 855 1,361 Male 75 - 80 years 52 251 524 825 Male 80 - 85 years 27 162 331 527 Male 85+ years 10 68 145 242 Female < 5 years 339 1,808 3,455 5,526 Female 5 - 14 years 590 3,152 6,103 9,784 Female 14 - 18 years 251 1,387 2,728 4,497 Female 18 - 22 years 319 1,484 2,750 4,400 Female 22 - 25 years 240 1,065 1,942 3,034 Female 25 - 30 years 379 1,748 3,204 5,051 Female 30 - 35 years 262 1,537 2,984 4,805 Female 35 - 40 years 257 1,501 2,934 4,789 Female 40 - 45 years 302 1,541 2,924 4,638 Female 45 - 50 years 353 1,632 3,049 4,746 Female 50 - 55 years 416 1,724 3,078 4,730 Female 55 - 60 years 370 1,554 2,727 4,149 Female 60 - 65 years 278 1,164 2,073 3,215 Female 65 - 70 years 168 733 1,373 2,182 Female 70 - 75 years 84 476 947 1,487 Female 75 - 80 years 50 336 689 1,094 Female 80 - 85 years 34 237 474 777 Female 85+ years 25 153 318 552

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SUMMARY PROFILE

Page 6: NWQ Wallisville Rd & Beltway 8 | Houston, TX · efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are

SEC of Rice Blvd. & US Hwy 59 (Westpark Dr.) | Bellaire, Texas

Uptown Crossing

EQUAL HOUSINGOP P O RT U N I T Y

Approved by the Texas Real Estate Commission for Voluntary Use

efore working with a real estate broker, you shouldBknow that the duties of a broker depend on whomthe broker represents. If you are a prospectiveseller or landlord (owner) or a prospective buyer or

tenant (buyer), you should know that the broker who liststhe property for sale or lease is the owner’s agent. Abroker who acts as a subagent represents the owner incooperation with the listing broker. A broker who acts asa buyer’s agent represents the buyer. A broker may act asan intermediary between the parties if the partiesconsent in writing. A broker can assist you in locating aproperty, preparing a contract or lease, or obtainingfinancing without representing you. A broker is obligatedby law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into anagreement with the owner, usually through a written -listing agreement, or by agreeing to act as a subagent byaccepting an offer of subagency from the listing broker. Asubagent may work in a different real estate office. Alisting broker or subagent can assist the buyer but doesnot represent the buyer and must place the interests ofthe owner first. The buyer should not tell the owner’sagent anything the buyer would not want the owner toknow because an owner’s agent must disclose to theowner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into anagreement to represent the buyer, usually through awritten buyer representation agreement. A buyer’s agentcan assist the owner but does not represent the ownerand must place the interests of the buyer first. The ownershould not tell a buyer’s agent anything the owner wouldnot want the buyer to know because a buyer’s agent mustdisclose to the buyer any material information known to theagent.

IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the partiesif the broker complies with The Texas Real Estate License

Act. The broker must obtain the written consent of eachparty to the transaction to act as an intermediary. Thewritten consent must state who will pay the broker and, inconspicuous bold or underlined print, set forth the broker’sobligations as an intermediary. The broker is required totreat each party honestly and fairly and to comply withThe Texas Real Estate License Act. A broker who actsas an intermediary in a transaction:

(1) shall treat all parties honestly; (2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner; (3) may not disclose that the buyer will pay a pricegreater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do soby The Texas Real Estate License Act or a courtorder or if the information materially relates to thecondition of the property.

With the parties’ consent, a broker acting as anintermediary between the parties may appoint a person whois licensed under The Texas Real Estate License Actand associated with the broker to communicate with andcarry out instructions of one party and another person whois licensed under that Act and associated with the brokerto communicate with and carry out instructions of theother party.

If you choose to have a broker represent you, you should enter into a written agreement with the brokerthat clearly establishes the broker’s obligations and yourobligations. The agreement should state how and bywhom the broker will be paid. You have the right tochoose the type of representation, if any, you wish toreceive. Your payment of a fee to a broker does notnecessarily establish that the broker represents you. If youhave any questions regarding the duties andresponsibilities of the broker, you should resolve thosequestions before proceeding.

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a questionor complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Information About Brokerage Services

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

01A TREC No. OP-K