baytown – 156 acres - newquest properties · baytown – 156 acres. retail, office, multifamily,...

TARGARESOURCES

CHEVRON PHILLIPS

CHEMICAL PLANT

800 EMPLOYEES

BAYTOWN MALL

COMING SOON

PROPOSED

NOW OPEN

AREA RETAILERSFt Bend Toll Road

Westpark Tollway

Galveston Bay

Future

Hardy Toll Road

288

59

90A

Missouri City

SugarLand

RosenbergPearland

Humble

Tomball

69

99

Future

Future

Baytown

Katy

Cypress

90A

59

69

45

45

8

8

99

99 99

99

99

9090

90

90

35

249

10

10610

610

249

1960

1960

6

6

6

290

290

35

225

146

146

F O R T B E N DP A R K W A Y

TOLL ROAD

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

Houston



NewQuest has listed 156 acres for sale or lease at the southwest corner of the intersection of I-10 and SH 146 in the thriving Mont Belvieu / Baytown community in east Houston. This site provides excellent visibility and ease of access to the area’s rapidly expanding residential and employment bases. Mont Belvieu and Baytown have been prime beneficiaries of the recent growth in the energy industry, and are home to some of the largest refineries in the world. Just one mile to the west of the site, a massive expansion project is underway by ChevronPhillips, and other expansion projects in the area have been recently announced by ExxonMobil, Enterprise Products, Cedar Bayou Fractionators, Oneok, Energy Transfer Partners, Bayer, and Flexsteel. Boosting an already solid economic foundation, these expansions represent more than $6 billion in capital investment, 1,000 permanent jobs and over 11,000 skilled labor jobs as the projects are developed over the next five years, which will drive even more demand for retail services in the area.

• 156 acres for sale or lease• Individual tracts available for retail, office, multifamily, and/or single family residential• High traffic counts with approximately 110,000 combined daily vehicles• Over one-mile of combined developable frontage on I-10 and SH 146, and additional frontage on Old Needlepoint Road• Across street from new Walmart and Showbiz - Theater anchored shopping center with shared traffic signal• Attractive and growing demographics within super-regional trade area• Large wave of industrial, residential and retail development activity in Baytown market

Area Employers include: Chevron Phillips, ExxonMobil, Phillips 66, Valero, Enterprise Products, Targa Resources, and Ameriport and Cedar Crossing industrial parks

Bob Conwell281.477.4324 [email protected]

Brad Elmore281.477.4362 [email protected]

Major Area Employers

ExxonMobil: Encompassing 3,400+ acres for refinery & chemical production, the facility has 2,200 full time employees plus an additional 2,100 contract personnel. Annual salaries and wages exceed $250 million ($68.8 million in taxes each year).

ChevronPhillips: Largest polyethylene plant in the world in conjunction with BP Solvay (now Ineos). Currently, employs around 800 workers with an additional 350 contract employees. Facility consists of around 1,200 acres, only 50% of which are developed at this time.

Bayer:1,650 acre facility (35% developed) that employs over 2,000 workers. Bayer has its largest worldwide investment at this facility, totaling $1.3 bil-lion.

Several smaller companies have facilities in the area, such as Targa Resources, Jindal Steel, Calpine, Walmart (distribution center -4,000,000 SF) and The Home Depot (distribution center - 750,000 SF).



TRADE AERIAL

10.14



PROPOSED SITE PLAN



2000 - 2010 Census, 2015 Estimates with 2020 ProjectionsDelivery Statistics as of 6/16

SUMMARYDEMOGRAPHICS

3.00 Mi 5.00 Mi 7.00 Mi Trade Area

POSTAL COUNTSCurrent Households 5,654 14,514 33,986 45,981Current Population 16,867 44,223 98,388 130,9772010 Census Average Persons per Household 2.98 3.05 2.90 2.852010 Census Population 9,542 32,147 73,944 99,072Population Growth 2010 to 2016 76.83% 37.59% 33.86% 33.74%

CENSUS HOUSEHOLDS1 Person Household 14.06% 14.20% 20.54% 20.69%2 Person Households 30.78% 29.64% 28.39% 30.09%3+ Person Households 55.16% 56.15% 51.07% 49.22%Owner-Occupied Housing Units 86.67% 84.69% 70.99% 74.50%Renter-Occupied Housing Units 13.33% 15.31% 29.01% 25.50%

RACE AND ETHNICITY 2016 Estimated White 75.02% 72.68% 66.36% 69.13%2016 Estimated Black or African American 8.75% 9.79% 13.89% 13.49%2016 Estimated Asian or Pacific Islander 1.71% 2.31% 2.61% 2.18%2016 Estimated American Indian or Native Alaskan 0.71% 0.76% 0.58% 0.56%2016 Estimated Other Races 13.81% 14.47% 16.56% 14.63%2016 Estimated Hispanic 24.29% 27.92% 33.51% 27.13%

INCOME 2016 Estimated Average Household Income $95,121 $98,972 $78,307 $78,8832016 Estimated Median Household Income $84,871 $86,672 $66,619 $65,7832016 Estimated Per Capita Income $32,093 $32,618 $27,494 $27,850

EDUCATION (AGE 25+)2016 Estimated High School Graduate 25.56% 24.94% 27.08% 30.14%2016 Estimated Bachelors Degree 16.44% 15.03% 12.29% 11.57%2016 Estimated Graduate Degree 8.00% 7.83% 6.27% 5.73%

AGE2016 Median Age 33.9 33.2 33 34.5

Information About Brokerage Services

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts per-

formed 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 per-son 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 trans-action 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 property 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 repre-sentation 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 communi-cate 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 spe-

cifically 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 BRO-KER 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.

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

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

Email

Email

Email

Email

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.

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

281.477.4300

Rev. 08/16/16 ct

baytown – 156 acres - newquest properties · baytown – 156 acres. retail, office, multifamily,...

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