SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE:...
Transcript of SHERMAN TOWN CENTER - NewQuest PropertiesL Boker Dv L Ives S A M T Representation SPACE AVAILABLE:...
SHERMAN TOWN CENTERPad Sites, Inline Space, and End Caps Available for Sale or Lease
NWQ and SWQ of I-75 and Loy Lake Road | Sherman, Texas
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
Meredith McLeod-Cobb | 281.477.4300
Denton
Sherman
Trenton
Celina
Anna
To Dallas
Whitesboro
Gainesville
Marietta
Enville Kingston
Willis
Durant
Caddo
Denison
70
70
75
75
75
69
69
377
380
377
8282
T E X A S160
T E X A S121T E X A S
289
T E X A S503
T E X A S1417
T E X A S1417
12T E X A S
32T E X A S
78T E X A S
11T E X A S
11T E X A S
56T E X A S
56T E X A S
91T E X A S
91T E X A S
43T E X A S
35
35
77
77
T E X A S77S
MAJORAREARETAILERS
“SHERMAN IS GOING TO CONTINUE TO GROW.”
SOURCE: JOHN RUGGIERI, HOEFFER WYSOCKI V.P. DIRECTOR OF URBAN DESIGN
26%POPULATIONGROWTHWITHIN 20 MILES
$74KAVERAGEHOUSEHOLDINCOMEWITHIN 20 MILES
576,848CURRENTPOPULATIONIN TRADE AREA
SHERMAN TOWN CENTERSHERMAN, TEXAS
PROJECT HIGHLIGHTS
MEREDITH [email protected]
70%OWNER-OCCUPIEDHOUSING UNITSWITHIN 20 MILES
LARGEST REGIONAL SHOPPING CENTER BETWEEN DALLAS AND OKLAHOMA CITY
DESTINATION SPOT FOR DINING, SHOPPING, AND ENTERTAINMENT FOR NORTH TEXAS AND SOUTHERN OKLAHOMA
CENTER INCLUDES MAJOR NATIONAL RETAILERS: TARGET, PETCO, ROSS, WALMART SUPERCENTER, AND HOME DEPOT
AVAILABLE:1.13-ACRE PAD SITE35,000-SF RETAIL SPACE4,600-SF END CAP1,845-SF END CAP
PROJECT HIGHLIGHTS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
LOY LAKE RD.
75
82
75
4,600 SFAvailableFor Lease
End CapFor Lease
35,000 SFRetail Space
Available
Pad SiteFor Sale
09.20 | 10.19
AERIAL
SHERMAN TOWN CENTER | SHERMAN, TEXAS
09.20 | 12.19
I N T E R S TAT E H I G H WAY 7 5
HIG
HW
AY
82
N T R AV I S S T R E E T
LOY L A K E R OA D
LEASE: 4,600 SF
LEASE: 1,845 SF
FU
EL
ST
AT
ION
FU
EL
ST
AT
ION
FUTURE
LEASE
35,000 SF
FUTURELEASE
12,600 SF
DETENTION
TRACT 2
TRACT 1
DE
TE
NT
ION
TR
AC
T 3
TR
AC
T 3
B
PAD 1A
TRACT 5
FUTUREDEVELOPMENT
FUTUREDEVELOPMENT D
ET
EN
TIO
N
RESERVETRACT
CREEK
1
2
3
11
12
7 8
910
4
5
6
13
KEY BUSINESS LEASE AREAS
1 Available Pad For Sale 49,312 SF
2 Future Lease 35,000 SF
3 Future Lease 12,600 SF
4 Available For Lease 4,600 SF
5 Proposed Aria Nails 3,800 SF
6 Kay Jewelers 2,555 SF
7 Nail Salon 1,395 SF
8 Sleep Number 2,450 SF
9 Mooyah Burgers 2,100 SF
10 Total Nutrition 1,155 SF
11 Great Clips 900 SF
12 Available For Lease 1,845 SF
13 Select ER 8,400 SF
IN NEGOTIATIONLEASEDAVAILABLE NOT A PART
SITE PLAN
SHERMAN TOWN CENTER | SHERMAN, TEXAS
09.20 | 12.19
HIG
HW
AY
82
N T R AV I S S T R E E T
FUTURE
LEASE
35,000 SF
FUTURELEASE
12,600 SF
TRACT 2
TRACT 1
RESERVETRACT
CREEK
1
2
3
KEY BUSINESS LEASE AREAS
1 Available Pad For Sale 49,312 SF
2 Future Lease 35,000 SF
3 Future Lease 12,600 SF
I N T E R S TAT E H I G H WAY 7 5
HIG
HW
AY
82
N T R AV I S S T R E E T
LOY L A K E R OA D
LEASE: 4,600 SF
LEASE: 1,845 SF
FU
EL
ST
AT
ION
FU
EL
ST
AT
ION
FUTURE
LEASE
35,000 SF
FUTURELEASE
12,600 SF
DETENTION
TRACT 2
TRACT 1
DE
TE
NT
ION
TR
AC
T 3
TR
AC
T 3
B
PAD 1A
TRACT 5
FUTUREDEVELOPMENT
FUTUREDEVELOPMENT D
ET
EN
TIO
N
RESERVETRACT
CREEK
1
2
3
11
12
7 8
910
4
5
6
13
VIEW 1
IN NEGOTIATIONLEASEDAVAILABLE NOT A PART
SITE PLAN
SHERMAN TOWN CENTER | SHERMAN, TEXAS
09.20 | 12.19
LEASE: 4,600 SF
LEASE: 1,845 SF
TR
AC
T 3
TR
AC
T 3
B
PAD 1A
TRACT 5
11
12
7 8
910
4
5
6
13
I N T E R S TAT E H I G H WAY 7 5
HIG
HW
AY
82
N T R AV I S S T R E E T
LOY L A K E R OA D
LEASE: 4,600 SF
LEASE: 1,845 SF
FU
EL
ST
AT
ION
FU
EL
ST
AT
ION
FUTURE
LEASE
35,000 SF
FUTURELEASE
12,600 SF
DETENTION
TRACT 2
TRACT 1
DE
TE
NT
ION
TR
AC
T 3
TR
AC
T 3
B
PAD 1A
TRACT 5
FUTUREDEVELOPMENT
FUTUREDEVELOPMENT D
ET
EN
TIO
N
RESERVETRACT
CREEK
1
2
3
11
12
7 8
910
4
5
6
13
VIEW 2
KEY BUSINESS LEASE AREAS
4 Available For Lease 4,600 SF
5 Proposed Aria Nails 3,800 SF
6 Kay Jewelers 2,555 SF
7 Nail Salon 1,395 SF
8 Sleep Number 2,450 SF
9 Mooyah Burgers 2,100 SF
10 Total Nutrition 1,155 SF
11 Great Clips 900 SF
12 Available For Lease 1,845 SF
13 Select ER 8,400 SF
IN NEGOTIATIONLEASEDAVAILABLE NOT A PART
SITE PLAN
SHERMAN TOWN CENTER | SHERMAN, TEXAS
PHOTOS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
PHOTOS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
HOUSTON
AUSTIN
SAN ANTONIO
DALLASFORTWORTH
WORK INDEX
TOP EMPLOYERS & EMPLOYEES
Tyson Foods 1,745
Sherman ISD 1,091
Wilson Medical Center 792
Texas Instruments 600
Grayson County 560
Finisar 450
Wal-Mart & Sam’s 450
City of Sherman 429
Alorica 415
Emerson 395
BUSINESS INDEX
TOP INDUSTRIES
Health Care &Social Services
4,485 Jobs600 Establishments
Retailers 3,777 Jobs339 Establishments
Accommodation & Food Services
2,644 Jobs140 Establishments
Manufacturing 3,083 Jobs60 Establishments
Colleges
17 CollegesWithin a 1-Hour
Drive ofSherman
High Schools
86% ofPopulation has
High School Degree
KEY PROJECTS IN 2020-2019
Presco Polymers $190K Investment 180 Jobs
Eternity Tech $3.8M Investment 46 Jobs
Emerson $4.8M Investment 55 Jobs
Tyson $30M Investment 1,703 Jobs
Modular Power $10.2M Investment 105 Jobs
‘12
‘20
‘19‘18‘17
‘16‘15‘14
42,637REGIONALPOPULATION
Population Growth
CITY HIGHLIGHTS
HOME DEPOT IS THE SINGLE LARGEST HOME IMPROVEMENT RETAILER AND INSTALLER IN THE U.S.
OPERATES MORE THAN 2,200 STORES WITH 400,000 EMPLOYEES ACROSS NORTH AMERICA, MEXICO, AND CANADA
HOME DEPOT OFFERS OVER 35K PRODUCTS IN STORES AND 1 MILLION PRODUCTS ONLINE
TEXAS TARGET STORES BOAST AVERAGE FOOT TRAFFIC OF MORE THAN 126K VISITORS MONTHLY
TARGET IS THE 8TH-LARGEST RETAILER IN THE NATION WITH MORE THAN 1,800 STORES AND 45 FUTURE OPENINGS
350,000+ EMPLOYEES WORLDWIDE WITH REVENUE TOPPING $78 BILLION IN 2020
FORTUNE 500RANKED #37 FOR 2020
FORTUNE 500RANKED #26 FOR 2020
TENANT HIGHLIGHTS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
POPULATION 5 MILES 10 MILES 20 MILES TRADE AREA
Current Households 21,300 37,597 65,224 233,489
Current Population 53,045 94,018 164,127 576,848
2010 Census Population 44,235 78,138 132,932 506,622
Population Growth 2010 to 2020 24.11% 23.31% 25.81% 16.98%
2020 Median Age 34.6 37.1 39.4 38.9
INCOME 5 MILES 10 MILES 20 MILES TRADE AREA
Average Household Income $68,804 $71,525 $74,307 $71,509
Median Household Income $57,723 $59,538 $62,086 $55,845
Per Capita Income $26,561 $27,522 $28,515 $27,654
RACE AND ETHNICITY 5 MILES 10 MILES 20 MILES TRADE AREA
White 70.43% 75.60% 80.48% 75.29%
Black or African American 10.40% 8.86% 6.00% 5.77%
Asian or Pacific Islander 2.57% 2.13% 1.60% 1.10%
Other Races 15.04% 11.70% 9.97% 12.55%
Hispanic 21.56% 17.12% 13.34% 10.31%
CENSUS HOUSEHOLDS 5 MILES 10 MILES 20 MILES TRADE AREA
1 Person Household 29.31% 27.36% 25.57% 26.80%
2 Person Households 32.79% 34.19% 35.98% 35.44%
3+ Person Households 37.91% 38.46% 38.44% 37.76%
Owner-Occupied Housing Units 57.90% 64.26% 70.41% 70.10%
Renter-Occupied Housing Units 42.10% 35.74% 29.59% 29.90%
2010 Census, 2020 Estimates with Delivery Statistics as of 10/20
DEMOGRAPHICS
SHERMAN TOWN CENTER | SHERMAN, TEXAS
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
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 11.30.20 ct