shops at tanglewood - loopnet€¦ · edge realty partners shops at tanglewood / 10 2019...

EDGE REALT Y PARTNERS

5444 Westheimer Road, Suite 1650 Houston, Texas 77056

T 713.900.3000 edge-re.com

SHOPS AT TANGLEWOODN WC S A N F EL I PE ST & CH I M N E Y ROCK R D

HOUSTON, T E X A S

NEW TA NGLEWOOD DEV ELOPMENTFOR LEASE

BROOKS SHANKLINVice [email protected]

JOSH JACOBS [email protected]

EDGE RE ALT Y PARTNERS

PROPERTY INFORMATION

Shops a t Tang lewood / 2

LOCAT ION

NWC SAN FELIPE ST & CHIMNEY ROCK RD HOUSTON, TEX AS 77056

SI Z E

Ground Level Second Level

14,652 SF 10,912 SFBoth levels are divisible

R AT E

G round Level

$60.00 PSFSecond Level

$42.00 PSF N N N R AT E S ( E ST I M AT ED)

$13.76 PSF

DEL I V ERY

IMMEDIATE

PA R K I NG

85 SPACES

T R A F F IC COU N TS (T X DOT )

San Felipe Street Chimney Rock Road

37,504 CPD 18,374 CPD

A R E A R ETA I L ER S

R ANDALLS + HEB + R ICE EPICURE AN MARKET +

WHOLE FOODS + TOTAL WINE & MORE + LOC AL

FOODS + D ISH SOCIET Y + MOD PIZZ A + ZOE ' S

K ITCHEN + DEF INE BODY & M IND

610

10

225

8

6

36

6

45

45

249

290

8TOLL

8TOLL

10

288

90

59

90

CYPRESS

TOMBALL

THE WOODLANDS

SPRING

HUMBLE

CLEVELANDCONROE

HEMPSTEAD

SEALY

KATY

ROSENBERG

SUGAR LAND

PEARLAND

ALVINNEEDVILLE

BAYTOWN

PASADENA

ANAUAC

DAYTON

LIBERTY

MOSS HILL

TEXAS CITY

GALVESTON

HOUSTON

WILLIAM P.HOBBY AIRPORT

GEORGE BUSHINTERCONTINENTAL

AIRPORT

ELLINGTONFIELD

AIRPORT

59

69

336

SHOPS AT TANGLEWOOD

PROPERT Y I N FOR M AT ION

+ New two-story retail center in the heart of Tanglewood, featuring ground level restaurant/retail space and second

level medical/service space.

+ Positioned at a main signalized intersection with direct access from both San Felipe & Chimney Rock.

+ Proximity to Galleria with an office population of over 50,000 employees in a 1 mile radius of site.

+ Strategically located along San Felipe between HEB and Randalls, capturing strong daily needs vehicular traffic.

+ Immediately adjacent to Gables Tanglewood with 327 apartment units and activated ground level space with

Local Foods and Dish Society.

Shops a t Tang lewood / 3EDGE RE ALT Y PARTNERS

AVERAGE HOME PRICE AERIAL


MAJOR RETAIL AERIAL


RETAIL/RESTAURANT AERIAL


PROPERTY AERIAL


SITE PLAN - GROUND LEVEL


SITE PLAN - SECOND LEVEL


PROPERTY PHOTOS


2019 DEMOGRAPHICS

1 M I R A DI US 3 M I R A DI US 5 M I R A DI US

POPUL ATION

TOTA L POP U L AT ION 24,149 176,593 514,970

TOTA L DAY T I M E POP U L AT ION 49,630 242,049 568,127

P ROJ ECT E D A N N UA L GROW T H 2 010 TO 2 0 2 4 0.95% 1.28% 1.13%

2 0 2 4 E ST I M AT E D POP U L AT ION 24,771 182,630 530,380

% F E M A L E POP U L AT ION 52.3% 48.4% 49.0%

% M A L E POP U L AT ION 47.7% 51.6% 51.0%

M E DI A N AGE 40.9 35.1 34.9

BUSINESS

TOTA L E M P LOY E E S 43,119 198,086 441,449

TOTA L BUSI N E S S E S 3,991 19,983 46,664

COM PA N Y H E A DQUA RT E R BUSI N E S S E S 105 320 572

HOUSEHOLD INCOME

E ST I M AT E D M E DI A N HOUS E HOL D I NCOM E $96,999 $79,922 $80,749

E ST I M AT E D AV E R AGE HOUS E HOL D I NCOM E $155,834 $128,769 $130,752

E ST I M AT E D P E R C A PI TA I NCOM E $93,538 $63,800 $59,824

HOUSEHOLD

TOTA L HOUSI NG U N I TS 14,495 87,448 235,426

% HOUSI NG U N I TS OW N E R- OCC U PI E D 45.6% 31.4% 38.1%

% HOUSI NG U N I TS R E N T E R- OCC U PI E D 54.4% 68.6% 61.9%

R ACE & ETHNICIT Y

% W H I T E 72.6% 62.6% 60.7%

% BL ACK OR A F R IC A N A M E R IC A N 7.1% 10.5% 10.9%

% A M E R IC A N I N DI A N OR A L A S K A NAT I V E 0.2% 1.0% 0.8%

% A SI A N 13.1% 10.2% 10.4%

% H AWA I I A N OR PACI F IC I S L A N DE R - - -

% H I S PA N IC POP U L AT ION 21.1% 39.9% 41.0%

% NOT H I S PA N IC POP U L AT ION 78.9% 60.1% 59.0%

Before working with a real estate broker, you should know

that the duties of a broker depend on whom the broker

represents. If you are a prospective seller or landlord (owner)

or a prospective buyer or tenant (buyer), you should know

that the broker who lists the property for sale or lease is the

owner’s agent. A broker who acts as a subagent represents the

owner in cooperation with the listing broker. A broker who acts

as a buyer’s agent represents the buyer. A broker may act as

an intermediary between the parties if the parties consent in

writing. A broker can assist you in locating a property, preparing

a contract or lease, or obtaining financing without representing

you. A broker is obligated by law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:

The broker becomes the owner’s agent by entering into an

agreement with the owner, usually through a written - listing

agreement, or by agreeing to act as a subagent by accepting

an offer of subagency from the listing broker. A subagent may

work in a different real estate office. A listing broker or subagent

can assist the buyer but does not represent the buyer and

must place the interests of the owner first. The buyer should

not tell the owner’s agent anything the buyer would not want

the owner to know because an owner’s agent must disclose

to the owner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:

The broker becomes the buyer’s agent by entering into an

agreement to represent the buyer, usually through a written

buyer representation agreement. A buyer’s agent can assist

the owner but does not represent the owner and must

place the interests of the buyer first. The owner should not

tell a buyer’s agent anything the owner would not want the

buyer to know because a buyer’s agent must disclose to

the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY:

A broker may act as an intermediary between the parties if

the broker complies with The Texas Real Estate License Act.

The broker must obtain the written consent of each party to

the transaction to act as an intermediary. The written consent

must state who will pay the broker and, in conspicuous bold

or underlined print, set forth the broker’s obligations as an

intermediary. The broker is required to treat each party honestly

and fairly and to comply with The Texas Real Estate License

Act. A broker who acts as an intermediary in a transaction:

(1) shall treat all parties honestly;

(2) may not disclose that the owner will accept

a price less than the asking price unless

authorized in writing to do so by the owner;

(3) may not disclose that the buyer will pay a price

greater than the price submitted in a written offer unless

authorized in writing to do so by the buyer; and

(4) may not disclose any confidential information or any

information that a party specifically instructs the broker

in writing not to disclose unless authorized in writing to

disclose the information or required to do so by The Texas

Real Estate License Act or a court order or if the information

materially relates to the condition of the property.

With the parties’ consent, a broker acting as an intermediary

between the parties may appoint a person who is licensed

under The Texas Real Estate License Act and associated with

the broker to communicate with and carry out instructions

of one party and another person who is licensed under

that Act and associated with the broker to communicate

with and carry out instructions of the other party.

If you choose to have a broker represent you,

you should enter into a written agreement with the broker

that clearly establishes the broker’s obligations and your

obligations. The agreement should state how and by whom

the broker will be paid. You have the right to choose the

type of representation, if any, you wish to receive. Your

payment of a fee to a broker does not necessarily establish

that the broker represents you. If you have any questions

regarding the duties and responsibilities of the broker, you

should resolve those questions before proceeding.

BUYER, SELLER, LANDLORD OR TENANT

BROKER FIRM NAME LICENSE NO. EMAIL PHONE

DATE

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.

Approved by the Texas Real Estate Commission for Voluntary Use

INFORMATION ABOUT BROKERAGE SERVICES

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

Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

Last Updated on September 11, 2019.

EDGE Realty Partners LLC [email protected] 713.900.3000

shops at tanglewood - loopnet€¦ · edge realty partners shops at tanglewood / 10 2019...

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