kingwood park - newquest properties · 9 59 f.m. 1960. 4 northpark dr. 4 future grand parkwa...

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UNDER CONSTRUCTION NEW APARTMENTS NEW CONSTRUCTION 339 CLASS A UNITS BROOKWOOD FOREST 700 LOTS - $200’S KING’S MILL 900 HOMES RECENT CONSTRUCTION 327 UNITS GRAND PARKWAY (NOW OPEN) GRAND PARKWAY (CONSTRUCTION UNDERWAY) LOOP 494 HIGHWAY 59 142,952 VPD NORTHPARK DR. 36,055 VPD KINGWOOD DR. 5-LANE EXPANSION UNDER CONSTRUCTION - COMPLETE 1Q21 100+ Physicians 12,764 Students Owned By King’s Manor Elementary School 674 Students SITE Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation KINGWOOD PARK NEQ OF KINGWOOD DR. AND US 59 | KINGWOOD, TEXAS NEW DEVELOPMENT WITH HIGHWAY 59 FRONTAGE & ACCESS

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Page 1: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

03.2020 | 11.2019

UNDER CONSTRUCTIONNEW APARTMENTS

NEW CONSTRUCTION339 CLASS A UNITS

BROOKWOOD FOREST700 LOTS - $200’S

KING’S MILL900 HOMESRECENT CONSTRUCTION

327 UNITS

G R A N D P A R K W A Y ( N O W O P E N ) G R A N D P A R K W A Y ( C O N S T R U C T I O N U N D E R W A Y )

LO

OP

49

4

HI G

HW

AY

59

142,

952

VPD

N O R T H PA R K D R .

36,055 VPDK I N G W O O D D R .

5-LANE EXPANSION UNDERCONSTRUCTION - COMPLETE 1Q21

100+ Physicians

12,764 Students

Owned By

King’s ManorElementary School

674 Students

SITE

Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

KINGWOOD PARKNEQ OF KINGWOOD DR. AND US 59 | KINGWOOD, TEXAS

NEW DEVELOPMENT WITH HIGHWAY 59 FRONTAGE & ACCESS

Page 2: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

PROJECT HIGHLIGHTS

TOLL

249

TOLL

99

Future

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLL

99

TOLL

99

TOLL

99

Future

TOLL

99

59

59

90

90

90

45

45

45

1010

290

FA R M

R OA D

1960

T E X A S249

T E X A S249

T E X A S288

T E X A S105

T E X A S105

6T E X A S

6T E X A S

36T E X A S

36T E X A S

36T E X A S

610

610

The Woodlands

Willis

Huntsville

Conroe

Magnolia Cleveland

Cypress

Spring

Katy

Pearland

HoustonHouston

Galveston BayGalveston Bay

Humble

Atascocita

Kingwood

Tomball

ASHLEY [email protected]

AUSTIN [email protected]

Kingwood ParkNEQ OF KINGWOOD DR. AND US 59 | KINGWOOD, TEXAS

• Ideally positioned 35.5 acres in dynamic Kingwood trade area, serving the 59 corridor from Humble to Cleveland

• New development and surrounding office and medical complexes will attract traffic both day and night

• The trade area is home to some of the highest rated master- planned communities in the region, including Kingwood, Oakhurst, Terramark, NorthPark Lakes, and Kings Mill

MAJOR AREA EMPLOYERS

TRAFFIC COUNTS

142,952 VPD on I-69/US 59

36,055 VPD on Kingwood Dr

139,482 POPULATIONwithin 5 miles

$108K AVG HHIwithin 3 miles

Page 3: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

59H

IGH

WAY

59

F.M. 1960

KINGWOOD DR.

HIG

HW

AY 4

94

NORTHPARK DR.

F.M. 1314

FUTURE GRAND PARKWAY EXTENSION

GRAND PARKWAYTOLL

99

W. LA

KE HO

US

TO

N P K WY.

01.20 | 04.20

Atascocita

Porter

Humble

Kingwood

New Caney

Deerbrook Mall

Valley Ranch

BUSHINTERCONTINENTAL

AIRPORT (IAH)

SITE

KINGWOOD PARK | KINGWOOD, TEXAS

AERIAL

05.20 | 01.20

Page 4: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

03.2020 | 11.2019

UNDER CONSTRUCTIONNEW APARTMENTS

NEW CONSTRUCTION339 CLASS A UNITS

BROOKWOOD FOREST700 LOTS - $200’S

KING’S MILL900 HOMESRECENT CONSTRUCTION

327 UNITS

G R A N D P A R K W A Y ( N O W O P E N ) G R A N D P A R K W A Y ( C O N S T R U C T I O N U N D E R W A Y )

LO

OP

49

4

HI G

HW

AY

59

142,

952

VPD

N O R T H PA R K D R .

36,055 VPDK I N G W O O D D R .

5-LANE EXPANSION UNDERCONSTRUCTION - COMPLETE 1Q21

100+ Physicians

12,764 Students

Owned By

King’s ManorElementary School

674 Students

SITE

KINGWOOD PARK | KINGWOOD, TEXAS

AERIAL

05.20 | 03.20

Page 5: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

KINGWOOD PARK | KINGWOOD, TEXAS

SITE PLAN

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART 06.20 | 12.19

Page 6: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

K I N G W O O D PA R K D R I V E

LO

OP

49

4HIG

HW

AY

59

(E

AS

TE

X F

RE

EW

AY

)

FUTURELEASE

16,155 SF

FUTURELEASE

11,238 SF

FUTURELEASE

11,238 SF

FUTURELEASE7,000 SF

FUTURELEASE6,300 SF

FU

TU

RE

LE

AS

E5

,50

0 S

F

FU

TU

RE

LE

AS

E12

,60

0 S

F

FUTURELEASE

7,500 SF

FUTURELEASE

7,000 SF

FU

TU

RE

LE

AS

E

7,00

0 S

F

FITNESS38,835 SF RETAIL/MEDICAL

28,350 SF

ENTERTAINMENT32,497 SF

FUTURELEASE4,195 SF

FUTURELEASE3,568 SF

FUTURELEASE

3,202 SF

11

12

13

14

15

16

17

78

9

10

1

2

3

4

5

6

FUTURELEASE

3,341 SF

TRACT 4 TRACT 5 TRACT 6

TRACT 8

TRACT 7

TRACT 15

DETENTION 1

TRACT 3

TR

AC

T 2

TR

AC

T 1

DETENTION 2

TR

AC

T 9

TR

AC

T 1

0

TR

AC

T 1

1

TR

AC

T 1

2

TR

AC

T 1

3

TR

AC

T 1

4

KEY BUSINESS LEASE AREAS

1 Available Pad 54,889 SF

2 Available Pad 48,931 SF

3 Future Lease 16,155 SF

4 Proposed Fitness - 2 Story 38,835 SF

5 Future Lease 11,238 SF

6 Proposed Theater 32,497 SF

7 Future Lease 11,238 SF

8 Proposed Grocery 28,350 SF

9 Available Pad 71,700 SF

10 Available Pad 46,938 SF

11 Available Pad 55,228 SF

12 Future Lease 7,000 SF

13 Future Lease 7,000 SF

14 Available Pad 49,527 SF

15 Available Pad 63,683 SF

16 Available Pad 41,938 SF

17 Available Pad 90,248 SF

KINGWOOD PARK | KINGWOOD, TEXAS

POTENTIAL MIXED-USE SITE PLAN

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART 06.20 | 12.19

Page 7: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

DEMOGRAPHICS

KINGWOOD PARK | KINGWOOD, TEXAS

POPULATION 2 MILES 3 MILES 5 MILES

Current Households 10,947 18,465 51,401

Current Population 26,371 46,506 139,482

2010 Census Population 22,066 37,837 107,339

Population Growth 2010 to 2020 21% 24% 30%

2020 Median Age 36 37 36

INCOME 2 MILES 3 MILES 5 MILES

Average Household Income $96,342 $107,843 $97,481

Median Household Income $71,018 $79,136 $74,260

Per Capita Income $40,606 $43,386 $36,534

RACE AND ETHNICITY 2 MILES 3 MILES 5 MILES

White 72% 75% 68%

Black or African American 12% 10% 14%

Asian or Pacific Islander 6% 5% 4%

Other Races 10% 10% 14%

Hispanic 24% 24% 29%

CENSUS HOUSEHOLDS 2 MILES 3 MILES 5 MILES

1 Person Household 30% 25% 23%

2 Person Households 35% 36% 33%

3+ Person Households 35% 39% 45%

Owner-Occupied Housing Units 61% 68% 69%

Renter-Occupied Housing Units 40% 32% 31%

2010 Census, 2020 Estimates with Delivery Statistics as of 04/20

Page 8: KINGWOOD PARK - NewQuest Properties · 9 59 F.M. 1960. 4 NORTHPARK DR. 4 FUTURE GRAND PARKWA EXTENSION Y TOLL 99 W. Deerbrook Mall L A K E H O U S T O N P K WY. 01.20 | 04.20 Atascocita

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following information about brokerage 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 duties above and must inform the owner of any material information about the pro erty 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 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 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 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 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 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.

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.

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

Rev 06.17.20 ct