retail for lease - loopnet€¦ · retail for lease disclaimer: the information contained in this...

Retail For Lease

Disclaimer: The information contained in this file, while supplied by sources deemed reliable, is subject to errors and omissions and is not, in any way, warrantied by Rubicon Realty Group or by an agent, independent associate or employee of Rubicon Realty Group. This information is subject to change without notice.

Building #350 Building #300 Building #400

Hwys 6 & 90, Sugar Land, TX 77478

The Crossing at Telfair Thad Mai Cell:832-607-5113 Office: 281-313-0000 ext.33 Email:[email protected]

Telfair Office Park (70 office condos) Construction Start: 03/2019

Two Retail Centers (36,000 SF) Delivered 01/2019

Future

Preleasing Now! Two Retail Pads 7,000 SF each


Site Plan

2-Story Building (Retail: 5,000 SF) (Office: 15,000 SF) Delivered 01/2019

Fort Bend ISD Career and Technical Education Center (Estimated: 2,000 students/day)

Pediatric Dental Group

& Offices For Lease

& Offices For Lease

Built & Open

Coming in 2020

Under Construction

Open

Open

Built & Open

Future Development

Future Development


Built & Open

Built & Open

Opening Soon

Site Plan


350 Promenade Way

Building 400

• Construction Completed!

• Comes with a shared grease trap

• Covered sidewalk in the front

• Building Depth: 80 Feet

Building 350

Unique

Nail Spa

EYE LA

SH STU

DIO

Lease Plan

Suites 1100 - 1500 10,081 SF (Divisible)

Eyela

sh

Stu

dio

Suite 100

AVAILABLE 1,851 SF

(Not Divisible)

Suite 400

AVAILABLE 2,355 SF

St. 1600

Pending

1,300 SF


• Estimated Completion: 4 Q 2019

• Visibility and access from S.H. 6

• Under development now

• Will come with a grease trap

• Rental Rates: Please call

• TI Allowance: Available

• Ground lease and BTS options available

Buildings 232 & 222

222

232

For Lease

7,000 SF

(Divisible)

• 1st floor

• 5,498 SF of Office Space

• Separate Entrances

• Divisible

• 2nd Floor

• 4,500 SF of Office Space


Building 300 (Under Construction Now)

Sep

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ance

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mo

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En

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Sugar Land Business Park Redevelopment Phase II

(120 Acres) & State Training Facility

(21 Acres)

Baseball Stadi-um

(7,500 seats)

HOSPITAL

(375 emp.)


(1,400 employees)

(500 employees)

(2,100 emp. Expanding: 517 emp.)

(2,100 emp.)

(350 emp.)

Fort Bend ISD Training Facility (Opening 3Q 2018)

(2,000 students/day)

Performing Arts Center

(6,400 seats)

First Colony Mall (1,100,000 Sq. Ft)

(860 emp.)

First Colony Mall (1,100,000 Sq. Ft)

Sugar Land Business Park Redevelopment Phase II

(120 Acres) & State Training Facility

(21 Acres)

Constellation Field

Baseball Stadium

(7,500 seats)


(1,400 employees)

(500 employees)

HOUSTON

James Reese Career and Technical Center

Fort Bend ISD Training Facility (Opening 3Q 2019)

(2,000 students/day)

Aerial

New

Campus 28 AC of land

New Territory

• 2,617 Employees

• 350 Employees

• 375 Employees

(860 Employees)

(2,100 Employees)

University Drive

As of late 2014, Sugar Land was selected as one of the nation’s strongest economies. Sugar Land has now more than 64,500 jobs and is home to high-profile regional and international corporations housed in more than 25 million square feet of commercial space, including more than 15 Fortune 500 companies with a significant presence. Furthermore, Sugar Land’s assessed commercial valuation has more than doubled in just over a decade—increasing by over $2 billion. Recent Developments:

− Nalco Champion oil company finished construction of the additional facilities and now has over 1,000 employees in their Sugar Land headquarters (right by The Crossing at Telfair)

− The City of Sugar Land is in the process of annexing Greatwood and New Territory ETJs, in order to support and facilitate growth in the surrounding areas

− HCSS to Expand Campus With New Office Building as part of an economic incentive deal that will create 200 jobs.

2017-2019 Development:

− University of Houston College of Technology received a $54 million allocation to construct a new 50,000-sq.-ft. classroom building, which is slated for completion in 2019. − Smart Financial Performing Arts Center, a 6,400-seat $84 million development, was opened in January 2017

and projected to have 100 shows per year. − Shlumberger Oil plans on consolidating its operations in Sugar Land and proposes to build more than 250,000

square feet of Class A office space and a new 100,000-square-foot “amenities” building. − Fort Bend ISD Career and Technical Educational Facility, a $59 million project slated for August 2019 opening,

will be located on 65 Acres (right behind the Crossing at Telfair) and service approximately 2,000 students daily. − Sugar Land Regional Airport, used by over 100 of Fortune 500 companies, received a $12 million dollar grant

from TxDOT (believed to be the largest single grant allocated by TxDOT) to add another taxiway. − Sugar Land Business Park Phase II, a new development across Hwy 90 from The Crossing at Telfair, has 121 acres

under development for a business park and 21 acres for a state training facility. − All three highways (I-59, Hwy 90, and Grand Parkway 99) going through Sugar Land are being expanded

to accommodate the increased traffic in the area. US I-59 has been renamed into I-69 Interstate and is be-ing expanded all the way to Corpus Christy.

− Fluor Corporation purchased 50 acres at the southeast corner of Highway 59 and University Boule-vard. Between 500,000 and 1 million square feet of office space is planned for the site. The company has en-tered an incentive agreement with the City of Sugar Land and has committed to $165MM of capital investment. More importantly, 2,000+ employees will remain in the city.

− ABM, a Fortune 500 company, is bringing 390 employees into their new 62,000 SF office in Sugar Land.


Area Information

2018 Demographics 1– MI 3–MI 5-MI

Total Population 24,159 171,362 343,825

Growth 2010-2018 33.18% 25.62% 19.20%

Growth 2018-2023 28.93% 24.94% 21.34%

Average Household Income $180,360 $166,353 $144,055

Median Household Income $118,917 $114,178 $99,299

Total Daytime Population 29,599 164,043 311,030

- At Home Daytime Population 16,719 71,915 124,692

- Total Employees 12,880 92,128 186,338

(Pitney Bowes data accessed from Komreal.com 2019)


HOUSTON

SUGAR LAND

IABS

Information About Brokerage Services Texas law requires all real estate license holders to give the following information about

brokerage services to Texas law requires all real estate license holders to give the following information about bro-kerage 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 du-ties above and must inform the owner of any material information about the property or transaction known by the agent, includ-ing 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 agree-ment of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or un-derlined 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 buy-

er) 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 dis-

close, 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 prospective buy-ers, tenants, sellers and landlords.

FOR MORE INFORMATION CONTACT: Thad Mai

Cell:832-607-5113 Office: 281-313-0000 ext.33

Email: [email protected]

Rubicon Realty Group LLC 608815 [email protected]

[email protected]

[email protected]

[email protected]

281-313-0000

281-313-0000

281-313-0000

281-313-0000

Scott Weaver

Scott Weaver

Thad Mai

357812

357812

608815

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