Villagio Town Center - NewQuest Properties

Villagio Town Center
NEC of Westheimer Pkwy & Peek Rd. | Katy, Texas
Rachael Keener | 281.477.4300
Restaurant, Retail & Office Space Available
4,558 SF
2nd Generation
Restaurant Space
Available
F F & E Included
Leasing | Tenant Representation | Development | Land Brokerage | Investment Sales | Property Management
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
Villagio Town Center
NEC of Westheimer Parkway & Peek Road | Katy, Texas
Property Description
■ The property is located at the NEC of Westheimer Pkwy &
Peek Rd which is situated within the affluent high growth
residential submarket of Katy, TX
■ Demographics surrounding The Villagio at Cinco Ranch are very
strong with average household income exceeding $162,000 in
a one mile radius
■ Business Week has rated Katy as the first in the nation in terms
household growth by the Gadbery Group and rated as
the “Number Two Boom Town”
■ The YMCA across the street from the with The Villagio at
Cinco Ranch brings family-oriented traffic to the immediate area
■ Katy is emerging as one of Houston’s next employment growth
corridor. With corporate expansion it has created 15,000 jobs
since 2005 and totaled 8.9 million square feet of space
Space Availability:
4,558 SF - 2nd Gen. Restaurant Space
45 (FF&E included)
2,100 SF - 2nd Gen. Retail Space
1,690 SF - 2nd Gen. Retail Space
2,100 SF - 2nd Gen. Office Space
Gym Station coming available April 2015
Demographics
■Active Population:
» 1 Mile: 10,388
» 3 Mile: 107,570
» 5 Mile: 230,569
105
■Average Household Income:
» 1 Mile: $171,612
» 3 Mile: $130,499
» 5 Mile: $121,886
■Residential Count:
» 1 Mile: 3,407
» 3 Mile: 34,714
» 5 Mile: 75,818
■Growth Since 2010 Census:
» 1 Mile: 0.13%
» 3 Mile: 11.40%
» 5 Mile: 29.56%
Source: USPS Postal Count, 12/14
59
Contact
Rachael Keener 281.477.4313 | rkeener@newquest.com
8
36
Katy
60
45
290
99
10
610
10
Houston
59
288
45
Villagio Town Center
NEC of Westheimer Parkway & Peek Road | Katy, Texas
Site Plan
SP04
Villagio Town Center
NEC of Westheimer Parkway & Peek Road | Katy, Texas
3,402
3,407
3.05
10,375
10,388
10,388
0.13%
31,161
34,714
3.10
96,589
107,560
107,570
11.40%
58,519
75,818
3.04
178,400
230,545
230,569
29.56%
Origination Data
Total Active Residential Count
3,407
34,714
Active Residential Count
3,407
34,714
Active Residential Delivery
3,407
34,714
Active Residential Box
-
-
Additional Active General Delivery Count
-
-
Total Possible Residential Count
3,426
34,927
Additional Possible General Delivery Count
-
-
Census 2010 Households
3,402
31,161
Population in Households
10,375
96,549
1 Person Household
12.81%
13.05%
2 Person Household
27.48%
26.52%
3 Person Household
19.86%
20.54%
4 Person Household
26.77%
24.68%
5 Person Household
9.49%
10.34%
6 or More Person Household
3.59%
4.88%
Population in Group Quarters
1
39
Correctional Facilities - Adult
-
-
Correctional Facilities - Juvenile
-
-
Nursing Facilities -
76.89%
College/University Student Housing
-
-
Military Quarters -
-
Other Facilities
100.00%
23.11%
Total Housing Units
3,507
32,131
Occupied housing units
97.03%
96.98%
Owner-Occupied Housing Units
78.38%
82.56%
Renter-Occupied Housing Units
21.62%
17.44%
Drop Site Business or Family Served Count
434
1,687
Active Business Deliveries
251
1,369
Possible Business Deliveries
267
1,463
Active vs Possible Business Deliveries
6.24%
6.83%
75,818
75,818
74,225
1,593
76,614
58,519
177,942
14.53%
27.58%
20.38%
22.44%
9.94%
5.13%
458
12.89%
83.07%
4.04%
61,099
95.78%
79.29%
20.71%
2,873
4,427
4,663
5.34%
Population
Summary Data
Census 2010 Households
Route Active Residential Count
Census 2010 Average Persons per Household
Census 2010 Population
Recalculated Route Lower range
Active Population
Upper range Census Households vs Route Residential Count
Westheimer Pkwy & S Peek Rd
Households
5.00 Mi
Population
By Race
3.00 Mi
Income
1.00 Mi
Education
(Age 25+)
Demographic
Adjustment
Residential
Demographics
Business
Demos
Westheimer Pkwy & S Peek Rd
Summary Demographic Profile
2000 - 2010 Census, 2014 Estimates with 2019 Projections
Calculated using Proportional Block Groups
Business
Postal Count
Delivery Statistics as of 12/14
1.00 Mi
3.00 Mi
5.00 Mi
2014 Estimated Population
12,377
101,611
186,577
2019 Projected Population
14,336
114,485
208,876
2010 Census Population
11,247
93,541
172,276
2000 Census Population
5,430
44,194
80,941
Projected Annual Growth 2014 to 2019
3.2%
2.5%
2.4%
Historical Annual Growth 2000 to 2014
9.1%
9.3%
9.3%
2014 Median Age
38.5
35.6
35
2014 Estimated Households
4,090
33,254
61,932
2019 Projected Households
4,789
37,737
69,768
2010 Census Households
3,650
30,214
56,495
2000 Census Households
1,568
13,958
25,882
Projected Annual Growth 2014 to 2019
3.4%
2.7%
2.5%
Historical Annual Growth 2000 to 2014
11.5%
9.9%
9.9%
2014 Estimated White
78.2%
73.3%
70.7%
2014 Estimated Black or African American
3.2%
5.8%
8.4%
2014 Estimated Asian or Pacific Islander
14.2%
14.1%
12.6%
2014 Estimated American Indian or Native Alaskan 0.3%
0.4%
0.4%
2014 Estimated Other Races
4.1%
6.3%
7.8%
2014 Estimated Hispanic
13.7%
18.6%
21.4%
2014 Estimated Average Household Income
$171,612
$130,499
$121,886
2014 Estimated Median Household Income
$144,019
$114,987
$106,329
2014 Estimated Per Capita Income
$56,707
$42,712
$40,473
2014 Estimated Elementary (0 to 8)
1.0%
2.1%
2.7%
2014 Estimated Some High School (9 to 11)
1.2%
2.7%
3.6%
2014 Estimated High School Graduate
10.0%
13.7%
14.8%
2014 Estimated Some College
14.4%
20.5%
21.7%
2014 Estimated Associates Degree Only
5.3%
6.5%
6.9%
2014 Estimated Bachelors Degree Only
44.8%
37.6%
34.1%
2014 Estimated Graduate Degree
23.3%
16.8%
16.1%
2014 Estimated Total Businesses
312
2,163
4,983
2014 Estimated Total Employees
3,172
20,386
48,616
2014 Estimated Employee Population per Business 10.2
9.4
9.8
2014 Estimated Residential Population per Business 39.7
47.0
37.4
2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography
2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography
based reports) .
based reports) .
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Texas law requires all real estate licensees to give the following information about
brokerage services to prospective buyers, tenants, sellers and landlords.
Information About Brokerage Services
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 land
lord (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 intermedi
ary between the parties if the parties consent in writing.
A broker can assist you in locating a property, prepar
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 bro
ker. A subagent may work in a different real estate ofbut does not represent the buyer and must place the
the owner’s agent anything the buyer would not want
the owner to know because an owner’s agent must dis
close 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
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 par
ties 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 br ker’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
structs 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 asso
ciated 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 rep
resents you. If you have any questions regarding the
duties and responsibilities of the broker, you should
resolve those questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant
Date
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.
Leasing | Tenant Representation | Development | Land Brokerage | Investment Sales | Property Management
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
The information herein while based on data supplied by sources deemed reliable, 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. 3/2/2015