Westchase Center - NewQuest Properties

Westchase Center
SWC of Westheimer Rd. & Gessner Rd. | Houston, Texas
Rachael Keener | Jon Jamison | 281.477.4300
Retail Space Available For Lease
Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management
Westchase Center
SWC of Westheimer Rd. & Gessner Rd. | Houston, Texas
Westchase Center is located in the heart of the vibrant Westchase
District. The area features a high daytime population with over
15 million square feet of office space, and a dense residential
customer base with over 200,000 people in a 3 mile radius. The
shopping center offers great exposure and access to Westheimer,
the main artery from the Westchase District into The Galleria. This
development is ideal for retailers looking for a high traffic shopping
center featuring a strong trade area of national tenants.
Availability:
• 1,430 SF
• 7,500 SF
Traffic Counts:
• 122,288 cars per day on Westheimer Rd west of Gessner Rd
45
• 26,966 cars per day on Gessner Rd north of Westheimer Rd
TOM’S CLEANERS
Demographics
1.00 Mi
3.00 Mi
5.00 Mi
Active Population
26,676
213,524
605,008
UNIQUE DENTAL
Residential Count
13,55191,891241,690
KASRA PERSIAN GRILL
Average Household Income
$70,547
$81,657
$80,466
Growth Since 2010 Census
17.78%
15.99%
16.81%
FUN TIME USA
AMY’S NAILS
105
WEIGHT LOSS CTR
DULCE SALON
AVAILABLE
7,500 AF
Cypress Church Rd
10.05.15
A rea R etailers
8
10
8
59
290
99
36
45
Voss Rd
Gessner
10
610
Houston
10
Westheimer Rd
60
Jon Jamison
281.477.4389
[email protected]
610
59
59
288
45
Westchase Center
SWC of Westheimer Rd. & Gessner Rd. | Houston, Texas
PHOTOGRAPHS
VACANT
1,450 S.F.
S ite P lan
PROPOSED
JUI-JITSU
3,500 SF
VACANT
7,500 SF
11.12 | 4.15
Westchase Center
SWC of Westheimer Rd. & Gessner Rd. | Houston, Texas
POSTAL
2000 - 2010 Census, 2015 Estimates with 2020 Projections
5.00 Mi
1.00 Mi
3.00 Mi
5.00 Mi
POPULATION
2015 Estimated Population
2020 Projected Population
2010 Census Population
2000 Census Population
Projected Annual Growth 2015 to 2020
Historical Annual Growth 2000 to 2015
28,052
30,874
25,160
21,952
2.0%
1.9%
210,487
231,589
185,105
174,258
2.0%
1.4%
582,982
642,880
517,305
499,419
2.1%
1.1%
AGE
2015 Median Age
33.8
33.7
33.4
RESIDENTIAL DEMOGRAPHICS
Origination Data
Total Active Residential Count
13,551
91,891
241,690
Active Residential Count
13,551
91,891
241,689
Active Residential Delivery
13,071
89,050
233,235
Active Residential Box
480
2,841
8,453
Additional Active General Delivery Count
-
-
2
Total Possible Residential Count
15,001
96,999
253,860
Additional Possible General Delivery Count
-
-
2
Census 2010 Households
11,505
79,221
206,902
Population in Households
22,646
183,932
516,914
1 Person Household
46.07%
37.20%
33.30%
2 Person Household
30.11%
28.99%
28.24%
3 Person Household
12.18%
13.96%
14.75%
4 Person Household
7.01%
10.66%
12.01%
5 Person Household
2.90%
5.42%
6.58%
6 or More Person Household
1.74%
3.76%
5.12%
Population in Group Quarters
2
759
3,268
Correctional Facilities - Adult
-
-
5.12%
Correctional Facilities - Juvenile
-
-
3.89%
Nursing Facilities
-
79.44%
55.68%
College/University Student Housing
-
8.23%
23.19%
Military Quarters
-
-
Other Facilities
100.00%
12.33%
12.13%
Total Housing Units
12,978
90,945
236,956
Occupied housing units
88.65%
87.11%
87.32%
Owner-Occupied Housing Units
30.49%
32.66%
36.74%
Renter-Occupied Housing Units
69.51%
67.34%
63.26%
HOUSEHOLDS
2015 Estimated Households
2020 Projected Households
2010 Census Households
2000 Census Households
Projected Annual Growth 2015 to 2020
Historical Annual Growth 2000 to 2015
14,405
15,539
12,695
11,807
1.6%
1.5%
92,037
99,251
79,621
78,592
1.6%
1.1%
235,990
254,737
205,922
203,775
1.6%
1.1%
RACE AND ETHNICITY
2015 Estimated White
2015 Estimated Black or African American
2015 Estimated Asian or Pacific Islander
2015 Estimated American Indian or Native Alaskan
2015 Estimated Other Races
2015 Estimated Hispanic
50.9%
26.0%
8.3%
0.5%
14.3%
32.4%
50.1%
17.8%
13.2%
1.1%
17.9%
37.8%
52.4%
16.2%
11.1%
0.8%
19.4%
42.9%
INCOME
2015 Estimated Average Household Income
2015 Estimated Median Household Income
2015 Estimated Per Capita Income
$70,547
$50,623
$36,228
$81,657
$54,930
$35,723
$80,466
$56,794
$32,607
EDUCATION (AGE 25+)
2015 Estimated Elementary (Grade Level 0 to 8)
10.6%
2015 Estimated Some High School (Grade Level 9 to 11)8.6%
2015 Estimated High School Graduate
12.8%
2015 Estimated Some College
19.4%
2015 Estimated Associates Degree Only
5.4%
2015 Estimated Bachelors Degree Only
22.6%
2015 Estimated Graduate Degree
20.7%
18.8%
9.3%
12.7%
14.2%
4.3%
19.2%
21.6%
20.6%
11.0%
13.8%
13.3%
3.6%
17.8%
20.0%
BUSINESS DEMOGRAPHICS
Drop Site Business or Family Served Count
Active Business Deliveries
Possible Business Deliveries
Active vs Possible Business Deliveries
BUSINESS
2015 Estimated
2015 Estimated
2015 Estimated
2015 Estimated
13,749
136,589
9.9
15.3
36,410
368,203
10.1
16.0
Delivery Statistics as of 6/15
DEMOGRAPHIC ADJUSTMENT
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
1.00 Mi
11,505
13,551
1.97
22,648
26,674
26,676
17.78%
480
1,478
1,712
15.86%
3.00 Mi
79,221
91,891
2.32
184,691
213,349
213,524
15.99%
2,758
12,663
14,158
11.80%
206,902
241,690
2.50
520,183
603,827
605,008
16.81%
11,577
32,159
36,285
12.83%
Total Businesses
Total Employees
Employee Population per Business
Residential Population per Business
SUMMARY
2,085
25,767
12.4
13.5
Information About Brokerage Services
Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires
all real estate licensees to give the following information about brokerage services to
prospective buyers, tenants, sellers and landlords.
B
efore 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.
authorized in writing to disclose the information or
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:
intermediary between the parties may appoint a
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
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
(1) shall treat all parties honestly;
that clearly establishes the broker’s obligations and
your obligations. The agreement should state how
(2) may not disclose that the owner will accept
a price less that the asking price unless authorized
in writing to do so by the owner;
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
(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
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.
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 , 512-936-3000 (http://www.trec.texas.gov)
TREC No. OP-K / 10-10-11
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8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
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.
Rev. 11/04/15 TN