32 Acres - Spring Branch Clay & Gessner | Houston, Texas

Jeff Lokey | 281.477.4300

Prime Spring Branch Site for Sale

Spring Branch Villa Freshmeadow Westbranch Park Distribution Spring Branch Center Acres

Clay Rd.

Centrepark Dr. ±32 Kempwood North ACRES G e

s Kemp Forest Dr. s n

e Kemp Forest Dr. Northbrook r R M.S.

d Spring Shadows

Spring Shadows .

Miami Garden Kempwood Apartments Kempwood Dr.

32 Acres - Spring Branch Clay & gessner | Houston, Texas

This property is a first-time offered development tract with retail box and pad site opportunities. The site is approximately Tanner Rd. 32 acres with two signaled corners and excellent access to and from Beltway 8/Sam Houston Tollway. Spring Branch is one of the most sought after areas in the Houston market due to the exemplary schools and access to major freeways.

Considerations will be land sales to build-to-suit. NewQuest H Properties offers in-house land planners and tenant line up em possibilities. NewQuest currently represents over 75 national, G p regional and local retailers. e st s e s ad n R • Short commutes to Houston’s employment districts. e o r Outpost a Westbranch R Distribution d Energy Corridor: 10 minutes

d Estates Westchase: 11 minutes . Center Galleria: 20 minutes • Close proximity to Memorial City Mall and City Centre, two of West Houston’s most popular destinations Clay Rd. • Located within the highly respected Spring Branch Independent School District Future Residential • Strong demographics - over 100,000 people within 3 miles Development • The property is not subject to zoning or use restrictions

Northbrook Approximate Size: ±32 Acres M.S. Binglewood Traffic: Approx. 22,379 cpd on Clay Rd. k

SITE c Approx. 18,235 cpd on Gessner Rd. o l a

Kempwood Dr. l School District: Spring Branch ISD B Langwood

Frontage: Approx. 741 ft. on Clay Rd. Spring Shadows Approx. 1862 ft. on Gessner Rd. Northbrook Approx. 742 ft. on Kemp Forest Dr. Sr. H.S.

Campbell Woods Spring Oaks M.S. Hammerly Blvd.

Spring Woods Pine Shadows M.S. Jeff Lokey E.S. 281.477.4380 [email protected]

32 Acres - Spring Branch Clay & gessner | Houston, Texas

A City Within A City Memorial City Lights the Night City Centre Spring Branch District Located in West Houston, Memorial City runs along the I-10 Every night from dusk till dawn, the west side of Houston CITYCENTRE is a distinct blend of upscale retail shops, fine As a well-established neighborhood, Spring Branch is where corridor, just inside Beltway 8, and contains 8.3 million SF is illuminated by the lights at Memorial City, spanning from dining, state-of-the-art offices and exceptional metropolitan families connect in a vibrant community that offers a great of developed real estate across 265 acres. Memorial City Bunker Hill to west of Gessner Road along the Katy Freeway. homes — all in one pedestrian environment. Featuring variety of shopping, dining and entertainment options. is a unique blend of Class A office space; retail, including 2.1 linear miles of LEDs adorn 21 buildings, bridges and 400,000 SF of retail and signature restaurants, 425,000 SF Spring Branch Independent School District contains six the 1.7 million SF Memorial City Mall; garden and high-rise garages, typically glowing in our signature blue. of Class-A office space, 370 upscale apartments, 250 luxury high schools. Three schools received gold, silver or bronze residential living; upscale hotel accommodations including rental lofts, 6 penthouse residences, the 255-room Hotel medals in the U.S. News Best High Schools rankings. The Westin Memorial City; and the Memorial Hermann Sorella, Norris Conference Centers, Studio Movie Grill and Memorial City Medical Center. Life Time Platinum Athletic.

As of 2014, Spring Branch’s population Living in Spring Branch gives a lifestyle Shopping in the city-within-a-city, Public schools are plentiful in the Spring (zip code 78070) was 14,151 residents. of convenience to city life while enjoying Memorial City is conveniently located Branch Independent School District, Since 2000, it has had a population a family-oriented neighborhood. a short distance away. keeping over-crowding at bay. growth of more than 92%.

DEMOGRAPHICS

2010 Census, 2016 Estimates with Delivery Statistics as of 9/16

1.00 Mi 3.00 Mi 5.00 Mi

POSTAL COUNTS Current Households 5,357 37,457 102,410 Our quest Current Population 14,040 111,515 292,658 Specializing in retail space leasing, 2010 Census Average Persons per Household 2.62 2.98 2.86 is your success. management, development, land brokerage, 2010 Census Population 13,359 97,048 252,448 Population Growth 2010 to 2016 6.12% 15.55% 16.50% investment sales and tenant representation,

NewQuest Properties is one of the premier CENSUS HOUSEHOLDS 10,746,775 SF commercial real estate brokerage firms in 1 Person Household 30.99% 23.72% 23.94% 2 Person Households 29.35% 26.75% 28.30% OWNED Texas and Louisiana. 3+ Person Households 39.66% 49.53% 47.77% Our dedicated team excels at meeting Owner-Occupied Housing Units 52.29% 45.84% 57.03% your needs and exceeding all expectations. Renter-Occupied Housing Units 47.71% 54.16% 42.97% 12,135,000 SF From retail center development, leasing,

RACE AND ETHNICITY LEASED acquisition and financing to architectural 2016 Estimated White 58.05% 55.80% 59.00% design, marketing, space planning, and 2016 Estimated Black or African American 6.99% 7.57% 10.45% 2016 Estimated Asian or Pacific Islander 12.44% 5.98% 8.53% 11,718,969 SF property management, NewQuest is an 2016 Estimated American Indian or Native Alaskan 0.66% 1.00% 0.76% expert at bringing your commercial project 2016 Estimated Other Races 21.86% 29.65% 21.26% MANAGED vision to life. 2016 Estimated Hispanic 48.22% 64.22% 48.42%

INCOME 2016 Estimated Average Household Income $70,695 $63,931 $96,835 Shreveport 2016 Estimated Median Household Income $55,575 $48,884 $74,575 Dallas / Ft. Worth Area 2016 Estimated Per Capita Income $27,353 $21,940 $34,896

Pflugerville EDUCATION (AGE 25+) Greater Houston Metro 2016 Estimated High School Graduate 24.84% 26.11% 23.05%

2016 Estimated Bachelors Degree 19.17% 14.09% 20.18% New Braunfels 2016 Estimated Graduate Degree 7.77% 6.17% 12.34%

Information About Brokerage Services Texas 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: AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between • A BROKER is responsible for all brokerage activities, including acts per- the parties the broker must first obtain the written agreement of each party to formed by sales agents sponsored by the broker. the transaction. The written agreement must state who will pay the broker and, • A SALES AGENT must be sponsored by a broker and works with clients in conspicuous bold or underlined print, set forth the broker’s obligations as an on behalf of the broker. intermediary. A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly; A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the per- • May, with the parties’ written consent, appoint a different license holder son or party that the broker represents): associated with the broker to each party (owner and buyer) to communi- • Put the interests of the client above all others, including the broker’s own cate with, provide opinions and advice to, and carry out the instructions interests; of each party to the transaction. • Inform the client of any material information about the property or trans- • Must not, unless specifically authorized in writing to do so by the party, action received by the broker; disclose: • Answer the client’s questions and present any offer to or counter-offer • that the owner will accept a price less than the written asking price; from the client; and • that the buyer/tenant will pay a price greater than the price submitted • Treat all parties to a real estate transaction honestly and fairly. in a written offer; and • any confidential information or any other information that a party spe- A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE cifically instructs the broker in writing not to disclose, unless required TRANSACTION: to do so by law.

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in property owner’s agent through an agreement with the owner, usually in a a transaction without an agreement to represent the buyer. A subagent can written listing to sell or property management agreement. An owner’s agent assist the buyer but does not represent the buyer and must place the interests must perform the broker’s minimum duties above and must inform the owner of the owner first. of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO- or buyer’s agent. KER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s the representation agreement. agent by agreeing to represent the buyer, usually through a written repre- • Who will pay the broker for services provided to you, when payment will be sentation agreement. A buyer’s agent must perform the broker’s minimum made and how the payment will be calculated. duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to LICENSE HOLDER CONTACT INFORMATION: This notice is being provided the agent by the seller or seller’s agent. 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 or License No. Email Phone Primary Assumed Business Name

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

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. Rev. 01/23/17 MT