Pearland Town Center Outparcels Pad Sites Available for Sale Or Lease
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PEARLAND TOWN CENTER OUTPARCELS PAD SITES AVAILABLE FOR SALE OR LEASE Pearland, Texas SWC FM 518 & Kirby Rd. Heather Nguyen • Bob Conwell 8827 W. Sam Houston Pkwy. N., Suite 200 • Houston, TX 77040 • (P) 281.477.4300 • (F) 281.477.4399 • www.newquest.com PEARLAND TOWN CENTER OUTPARCELS PROJECT SUMMARY PAD SITES AVAILABLE FOR SALE OR LEASE DESCRIPTION Pearland Town Center, a 1.2 million square foot mixed-use development, is anchored by Dillard’s, Macy’s, Sports Authority, and Barnes & Noble’s. This open-air lifestyle center is the first of its kind in the Houston area. Located on the southwest corner of Highway 288 and FM 518 in Pearland, Texas, Pearland Town Center has twelve pad sites available for sale or lease, along with pad retail space for lease. Location Map LOCATION Pearland Town Center is positioned at the gateway to Shadow Creek Ranch, Pearland’s premier master-planned community. Encompassing 3,500 acres and 12,723 residential lots, Shadow Creek Ranch combines homes from $170,000 to $1 million, along with recreational parks, award-winning schools, and an “all-inclusive” lifestyle community. By January 2009, over 4,000 families called Shadow Creek Ranch home. Immediately to the north of FM 518 is Memorial Hermann’s Imaging Center-Pearland, which contains a surgery center, outpatient imaging, and professional office space. Memorial Hermann has acquired an adjacent 12 acre tract for future expansion. PAD SITES Pad 1: 1.77 acres Pad 14: 2.62 acres AVAILABLE FOR SALE OR LEASE Pad 5: 1.28 acres Pad 15: 7.39 acres Pad 8: 1.26 acres Pad 16: 3.68 acres Pad 9: 1.24 acres Pad 18: 1.15 acres Pad 11: 1.02 acres Pad 19: 1.45 acres Pad 13: 6.94 acres Pad 20: 1.36 acres PAD RETAIL SPACE 2,222 SF AVAILABLE FOR LEASE 2,192 SF HOUSING INFORMATION Annuals Starts: 2,659 lots Annual Closings: 3,431 lots 1st Quarter 2009 AREA RETAILERS 288 Almeda-Genoa Cullen W. Fuqua PEARLAND TOWN S. Post Oak CENTER TENANTS 8 Broadway 518 Almeda Rd. Dallas 3 mile 5 mile 10 mile 521 Old Airline Almeda School Rd. School Almeda Airline Old Active Population 51,170 123,311 613,228 Post Del Croix DEMOGRAPHICS Bello Median Household Income $86,971 $70,892 $59,977 Growth since 2000 Census +34.2% +13.4% +3.4% Source: US Census Bureau, USPS 06/09 PEARLAND TOWN CENTER OUTPARCELS SITE PLAN PAD SITES AVAILABLE FOR SALE OR LEASE PEARLAND TOWN CENTER OUTPARCELS AERIAL PAD SITES AVAILABLE FOR SALE OR LEASE PEARLAND TOWN CENTER OUTPARCELS RETAIL AERIAL PAD SITES AVAILABLE FOR SALE OR LEASE PEARLAND TOWN CENTER OUTPARCELS ADDITIONAL PHOTOS PAD SITES AVAILABLE FOR SALE OR LEASE Housing Activity Summary POSTALCOUNT PRO Pearland Town Center - 10 Mile Radius DELIVERY STATISTICS as of 06/09 Calculated using Proportional Postal Carrier Routes Quarter/ Qtr Annual Housing Supply Qtr Annual Vacant VDL Supply Future Ann Lot Year Closings Closings Inventory (in Mos) Starts Starts Dev.Lots (in Mos) Lots Deliveries 1Q05 1,264 5,342 2,680 6.0 1,301 5,624 9,325 19.9 15,417 8,895 Lat/Lon: 29.555915/-95.38771 2Q05 1,250 5,483 3,320 7.3 1,869 5,920 9,785 19.8 14,786 8,717 3Q05 1,778 5,772 3,570 7.4 2,028 6,299 9,401 17.9 14,567 8,630 Highway 288 & FM 518 3.00 mi 5.00 mi 10.00 mi 4Q05 1,513 5,805 3,389 7.0 1,323 6,521 9,535 17.5 14,150 7,564 Pearland, Texas radius radius radius 1Q06 1,525 6,066 3,495 6.9 1,631 6,851 10,528 18.4 12,649 8,013 2Q06 1,658 6,474 3,678 6.8 1,841 6,823 10,965 19.3 11,958 8,003 Summary Data 3Q06 1,561 6,257 3,816 7.3 1,685 6,480 10,175 18.8 14,131 7,250 Census 2000 Households 6,191 17,374 144,287 4Q06 1,619 6,363 3,404 6.4 1,207 6,364 9,564 18.0 15,682 6,389 t c Route Active Residential Count i 18,588 40,352 212,498 . n y 1Q07 1,334 6,172 3,162 6.1 1,092 5,825 9,390 19.3 15,199 4,683 ant ph rr me Census 2000 Average Persons per Household 2.75 3.04 2.87 a t 2Q07 1,298 5,812 3,130 6.5 1,266 5,250 10,105 23.1 14,202 4,386 a w r s r o 3Q07 1,322 5,573 2,890 6.2 1,082 4,647 10,588 27.3 13,388 5,060 u j Census 2000 Population 17,044 53,092 416,384 on i og 4Q07 1,135 5,089 2,593 6.1 838 4,278 10,806 30.3 12,081 5,520 d A m Recalculated Route Lower range 51,156 122,807 610,187 entat s e e 1Q08 1,036 4,791 2,386 6.0 826 4,012 10,356 31.0 12,409 4,970 r D ep Upper range Active Population 51,170 123,311 613,228 r 2Q08 920 4,413 2,409 6.6 943 3,689 9,840 32.0 12,226 3,416 3Q08 942 4,033 2,283 6.8 816 3,423 9,856 34.6 11,991 2,683 thout Census Households vs Route Residential Count 200.22% 132.26% 47.27% i w 4Q08 810 3,708 1,986 6.4 513 3,098 9,417 36.5 13,014 1,701 ed d i Origination Data v o r 1Q09 759 3,431 1,614 5.6 387 2,659 9,270 41.8 12,835 1,573 p 18,078 38,397 203,040 s Active Residential Delivery i n i 510 1,955 9,454 e Active Residential Box r he Housing Inventory and Closings By Quarter Active Residential Count 18,588 40,351 212,494 on i Additional Active General Delivery Count 0 1 4 at Finished Vacant Under Construction AnnClos m 4000 7000 r Total Active Residential Count nfo 18,588 40,352 212,498 i y r 6000 he s T 3000 5000 Additional Possible General Delivery Count 0 1 4 e. ento l ng i v s ab n 4000 li I Total Possible Residential Count 18,608 40,811 216,656 o l 2000 e s r 3000 C ng c i be i s nn 2000 to 1000 A Census 2000 Households 6,191 17,374 144,287 ou ph H 1000 a 0 0 r 17,040 52,875 414,319 deemed Population in households s e 1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 16.16% 15.06% 22.02% c og 1-person household r ou m 2-person household 36.37% 30.04% 28.49% s Vacant Developed Lots and Starts By Quarter e 20.06% 20.18% 18.41% 3-person household D nment r VDL AnnStarts 17.03% 18.21% 15.71% e 4-person household l v a go 11500 8000 i 5-person household 6.76% 9.41% 8.45% and nt y 11000 6-or-more person household 3.61% 7.09% 6.92% r e ate 6000 s t 10500 Population in Group Quarters 5 217 2,065 v i d r r i p a ento 10000 t v 4000 S n om r I es 9500 f nn L R 9000 A D 2000 data V 8500 ng i s u 8000 0 ed 1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 c odu r p Future Lots and Deliveries By Quarter Total Housing Units 6,605 18,622 153,598 s a w t Occupied housing units 93.74% 93.30% 93.94% r Future Lots Annual Lot Deliv eries epo 90.89% 84.62% 65.90% r Owner-occupied housing units 20000 10000 s i 9.11% 15.38% 34.10% h 8000 Renter-occupied housing units T v s 15000 li t e D Lo 6000 Drop Site Business or Family Served Count 252 417 2,881 e 10000 r ess os Lot u Active Business Deliveries 1,172 2,446 14,287 t 4000 n m u nn F si 5000 e 2000 A Possible Business Deliveries 1,177 2,544 15,740 u D 0 0 B Active Versus Possible Business Deliveries 0.45% 4.02% 10.18% 1Q05 2Q05 3Q05 4Q05 1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2000 Census Block Group Data and Geography, (SF3 release for Income, SF1 release for remainder, Average Income = Aggregate Income / Households). HOUSTON Residential Survey (1Q09) Copyright Metrostudy - 1 of 2 - Approved by the Texas Real Estate Commission for Voluntary Use SUMMARY DEMOGRAPHIC PROFILE Texas law requires all real estate licensees to give the following information 1990 - 2000 Census, 2008 Estimates & 2013 Projections about brokerage services to prospective buyers, tenants, sellers and landlords. Calculated using Proportional Block Groups Information About Brokerage Services Lat/Lon: 29.555915/-95.38771 efore working with a real estate broker, you should Act. The broker must obtain the written consent of each Highway 288 & FM 518 3.00 mi 5.00 mi 10.00 mi know that the duties of a broker depend on whom party to the transaction to act as an intermediary.