BINGLE CROSSING - HIGH-PROFILE SPACE AVAILABLE AT FAST-GROWING REGIONAL SHOPPING CENTER - NewQuest Properties

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BINGLE CROSSING - HIGH-PROFILE SPACE AVAILABLE AT FAST-GROWING REGIONAL SHOPPING CENTER - NewQuest Properties
HIGH-PROFILE SPACE
                         AVAILABLE AT FAST-GROWING
                         REGIONAL SHOPPING CENTER

            SUPERIOR VISIBILITY AND ACCESS FROM HIGHWAY 290

                        BINGLE CROSSING
         1-Acre Pad, 3,430 SF Freestanding Quick-Service Restaurant Available

                NWQ of U.S. Highway 290 & Bingle Road | Houston, Texas

                                  Kevin Sims | 281.477.4300
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
BINGLE CROSSING - HIGH-PROFILE SPACE AVAILABLE AT FAST-GROWING REGIONAL SHOPPING CENTER - NewQuest Properties
BINGLE CROSSING                                                                                                                                                                                                                                                                                                                              PROJECT HIGHLIGHTS
HOUSTON, TEXAS

                                                                                                                                                                                                                 Au
                                                                                                                                                                                                                          tum
                                                                                                                                                                                                                                        nF
                                                                                                                                                                                                                                           o   res
                              290                                                                                                                                                                                                                    tD
                                                                                                                                                                                                                                                        r
                                                                                                                                                                                                            Go
                                                                                                                                                                                                                   lde
                                                                                                                                                                                                                              nF

                                                                                                                                                          Bingle Rd
                                                                                                                                                                                                                                 ore
                                                                                                                                                                                                                                           st
                                                                                                                                                                                                                                                Dr

                                                   Pinemont Dr

                                                                                                                          BINGLE
                                                                                                                         CROSSING
                                                                                                                                                                                                                           Pinemont Dr                                                      $117K
                                                                                                                                                                                                                                                                                            AVERAGE
                                                                                                                                                                                                                                                                                                                                         18%                                 MORE THAN
                                                                                                                                                                                                                                                                                                                                                                             218,520
                                                                                                                                                                                                                                                                                                                                      POPULATION
                                                                                                                                                                                                                                                            Acorn St                        HOUSEHOLD
                                                                                                                                                                                                                                                                                                                                      GROWTH                                 VPD ON
                                                                                                                                                                                                                                                                                            INCOME
                                                     105

                                                                                                                                                                                                                                                                                                                                                                             HIGHWAY 290
                                                      TEXAS

   Plantersville                                                                                                                                                                   290                                                                ROSSLYN

                                                                                   149                                                                                                                                                                                     105                                                        WITHIN 7 MILES
                                                                                                                  Conroe
                                                                                                                                                                                                                                                                               TEXAS
                                                                                   TEXAS

  LOIS
      Todd Mission
                                                                                        Ba
                                                                                             rne
                                                                                                   yR
                                                                                                                                                                        336
                                                                                                                                                                         TEXAS

                                                                                                                                                                                                                             W 43rd St W 43rd St
                                                                                                                                                                                                                                                                                            WITHIN 7 MILES                            2010-2020
                                                                                              d

                                                                                                              Ln

                                                                                                                                                          Lang Rd
                                                                                           dR

                                                                      249                             d
                                                             FA R M                     Magnolia                                                            45
                                                                                                             el
                                                                                           an

                                                                           TOLL
          H                                            1774                                                                                                                                  242
              em
                                                                                                         ad
                                                                                        erl

                                                                                                                                                                                              TEXAS

                       ps
                                                    R OA D
                                                                                                    Cit

                            te                                                                               The Woodlands
                                                                                   uth

                                 ad                                                                                                                                                                                                        B                                                2010 Census, 2020 Estimates with
                                                                                                                                                                                                                                               et
                                                                                So

                                              Rd                                                                                                                                                                                                he                                            Delivery Statistics as of 04/21
                                                                                                                                                                                     99
                                                                                                                                                                                                               Bolin Rd

                                                                                                  U
  Pitner Rd                                                                                             nd                                                                                                                                           lB
                                                                                              249            eTomball
                                                                                                                                                                                     TOLL
                                                                                                TEXAS          rh                                                                   Feldspar St                                                          lv
                                                                                                                                                                                                                                                            d
                                                                                                                  ill    Granite St                                                                                                                                    146
                                                                                                                      St
                                                                                                                                                                                                                                         Kingwood
                                                                               FA R M                                                                                                                                                                                  TEXAS

                                                                         2920
                                                                      R OA D
                                                                                                                                                                                                          59
                                                                                                                                   Spring
                                                                                                                                                                                                   Humble                                      Atascocita
                                                                                                                                                                                                                                                                                                     EXPLOSIVE RESIDENTIAL GROWTH
                                              290                                                                                                         FA R M

                                                                                                                                                    1960
                                                                                                                                                 R OA D

                                                                                                                                                                                                                                                                  90
                                                                      Cypress                                                                                                                               HCTRA

                                                                                                                                                                                                                                        Sheldon                                146

                                                                                                                                                                                                                                                                                                              24,618 TOTAL HOMES TRADE AREA
                                                                                                                                                                                                            TOLLWAY
                                                                                                                     B E LT W AY

                                                                                                                        8                                                                                                                                                      TEXAS

                                                                                                                                                                                                                          B E LT W AY

                                                                                                                                                                                                                             8

                                                             99
                                                                TOLL
                                                                                                                   HCTRA
                                                                                                                                                                              45

                                                                                                                                                                                                                                                                                       10
                                                                                                                                                                                                                                                                                                            48% HOME GROWTH FROM 2010-2021
                                                                                                                                                                                                                                                                                                             3,790 TOTAL FUTURE HOMES (Q1 ‘21)
                                                                                                                   TOLLWAY

                                                   Katy                                                                                                                Houston
                                                                                                                                      10                                                                        Channelview                                        Baytown
                                                                                                                                                                                                                                                                                                      15% FUTURE HOME GROWTH FORECASTED IN 2021
                                     FA R M

                               1463
                                                                                                                                                                                                      610                                                                  99
Fulshear                    R OA D                                        WESTPARK
                                                                                                                                                                                                                                                                                TOLL
                   FA R M                                                                                                                                                                                                                        225
                                                                                                                                                                                                                                                                                                                                Source: METROSTUDY ESTIMATES AS OF Q1 2021
                                                                                                                                                                                                                                                 TEXAS
                                                                           TOLLWAY
              1093

                                                                                                                                                                                                      Pasadena La Porte
          R OA D

                                               Richmond

                                                                                                                                                                                                                                                                                            MAJOR
                                                                                                                                                                                         HCTRA

                                                                                                                                         T B E
                                                                                                                                   F O R UNT N D
                                                                                                                                     CO     Y

                                                                                                                                                                                         TOLLWAY

                                                                                                                                                                                                                                   45
                                                                                                                                     TOLL ROAD

                                                                                                59
                                                                                                                                     AUTHORITY

                                                                                                                                                                                   Pearland

                                                                                                                                                                                                                                                                                            AREA
         90

                                                                 Rosenberg                                                                                                                                                                               Dickinson

                                                                                                                                                                      288
                                                                                                                                                                      TEXAS
                                                                                                                                                                                                        6
                                                                                                                                                                                                       TEXAS

                                                                                                                                                                                                                                                                                            RETAILERS
                                                                                                                                                                                                                                                                Texas City

                                                                                                                                                                                                                                                                                 Galveston
KEVIN SIMS
281.477.4366
ksims@newquest.com
BINGLE CROSSING - HIGH-PROFILE SPACE AVAILABLE AT FAST-GROWING REGIONAL SHOPPING CENTER - NewQuest Properties
BINGLE CROSSING

                     HIGH TRAFFIC WITH SUPERIOR VISIBILITY FROM HIGHWAY
                     290 AND BINGLE ROAD

                     HIGH-PROFILE PYLON SIGNAGE VISIBLE FROM
                     HIGHWAY 290

                     GREAT INGRESS & EGRESS WITH 3 ACCESS POINTS FROM
                     HIGHWAY 290 FEEDER, BINGLE ROAD AND PINEMONT DRIVE

                     IN THE MIDDLE OF A DIVERSE AND ROBUST RESTAURANT
                     HIGHWAY STRETCH WITH HIGH CUSTOMER TRAFFIC

                     GROWING RESIDENTIAL TRADE AREA: 31% HOUSING
                     INCREASE (2010 - 2020)

                     AVAILABLE FOR SALE OR LEASE:
                     PAD SITE:
                     1 ACRE WITH 67 PARKING SPACES AND FULLY DETAINED.
                     UTILITIES TO ACCOMODATE:
                     6,000 SF RESTAURANT, 3,500 SF DRIVE-THRU RESTAURANT,
                     10,000 SF MEDICAL OR OFFICE USE

                     AVAILABLE FOR LEASE:
                     UP TO 3,009-SF END CAP
                     1,559-SF INLINE SPACE
                     918-SF INLINE SPACE

KEVIN SIMS
281.477.4366
ksims@newquest.com
BINGLE CROSSING - HIGH-PROFILE SPACE AVAILABLE AT FAST-GROWING REGIONAL SHOPPING CENTER - NewQuest Properties
AERIAL

                                                                                                                                      REGIONAL CUSTOMER TRADE AREA

                                                                                                                                       OVER 50% POTENTIAL
                                                                                                                                       CUSTOMERS LIVE LESS
                                                                                                                                       THAN 10 MILES AWAY
                             Rampart                                                                                                    SOURCE: BINGLE SQUARE SHOPPING
                         Corporate Center                                                                                                CENTER (1 MI AWAY) | PLACER.AI ‘21
                             563,360 SF
                        40 Acre Industrial Park

                                                                                                   BIN
                                                                                                    GL
                                                                                                     ER
                                                                                                         D.
                                                                                                          26
                                                                                                                                                            Forest West

                                                                                                          ,96
                                                                                                                                         RETAIL-FRENDLY CENTER
                                                                                                                                                      604 Homes

                                                                                                             1V
                                                                                     Dealership
                                                                                                                                      AVG. 15% VISITOR INCREASE

                                                                                                               PD
                                                                                   600 Employees
                                                                                                                                      CURRENT CENTER TENANTS
                                                                                                                                          OCT. ‘20 VS MARCH ‘21
                                                                                            Available
                                                                                            End Cap           Available                           - PLACER.AI, ‘21
                  290                                                 Available Pad Site                       918 SF
                          NO                                        Up To 10,000-SF Bldg.
                                                                                            3,009 SF
                                 RT
              PINEMONT DR.
                                      HW
                                              ES
                                                TF
                                                          RE                                                              Available
                                                                EW                                                          Inline
                                                                  AY                                                      1,559 SF
                                                                         218
                                                                             ,52
                                                                                8V
                                                                                     PD                                      SITE
                                                                                            Available For Lease
                                                                                                 3,430-SF
                                                                                               Freestanding
                                                                                             Fast Food Space
                                          TAM International
                                             Global Manufacturing

                                          126,000+ SF Facility

                                                                                                                                                                          03.21 | 02.21

BINGLE CROSSING | HOUSTON, TEXAS
SITE PLAN
K EY   B U S I NE SS                         LE ASE AR EAS
   1   Available Pad                         4,500 SF
  2    Available Pad                         3,430 SF
  3    Jimmy John’s                          1,750 SF
                                                                                                                                         TRACT 4
  4    Metro PCS                             2,757 SF
  5    Baskin Robbins/Dunkin Donuts          2,800 SF
  6    Available For Lease                   3,009 SF                                                     0
                                                                                                      9
                                                                                                  2                                           1
  7    Available For Lease                   918 SF                                           Y
                                                                                          A

                                                                                                                                         LE 00
                                                                                                                                         4,
  8    Proposed Gym                          28,038 SF                                W

                                                                                                                                            5
                                                                                                                                            A S
                                                                                                                                              SE F
                                                                                  H
  9    Available For Lease                   1,559 SF
                                                                             IG
  10   Vibetronix                            2,500 SF                    H
                                                                                                                   2

                                                                                                                                                                     PINEMONT DRIVE
                                                                                                                   LE 30
                                                                                                                   3,
                                                                                                                      4
                                                                                                                      A S
                                                                                                                        SE F
                                                                                                                                                     DETENTION

                                                                                  ATM                                        TRACT 3

                                                                                                                         6

                                                                                                                        LEASE
                                                                                                                       3,009 SF
                                                                                                          LEASE          7
                                                                                                          918 SF

                                                                                                                         8         PROPOSED
                                                                      TRACT 2                                                          GYM
                                                                                                                                    28,038 SF
                                                          3

                                                          4
                                                                                                                         9
                                                                                                                               LEASE
                                                                                                                              1,559 SF

                                                                                                                         10

                                TRACT 1                   5

                                      BINGLE ROAD

   AVAILABLE           LEASED       IN NEGOTIATION       NOT A PART
                                                                                                                                                                           04.21 | 03.20

BINGLE CROSSING | HOUSTON, TEXAS
DEMOGRAPHICS
2010 Census, 2020 Estimates with Delivery Statistics as of 04/21

                                                                   POPULATION                       3 MILES   5 MILES    7 MILES

                                                                   Current Households                51,934    125,431   248,507

                                                                   Current Population               148,385   351,804    669,401

                                                                   2010 Census Population           129,322   304,634    568,509

                                                                   Population Growth 2010 to 2020    15.32%    16.24%     18.44%

                                                                   2020 Median Age                     32.7      34.4       35.0

                                                                   INCOME                           3 MILES   5 MILES    7 MILES

                                                                   Average Household Income         $73,409   $99,185    $117,391

                                                                   Median Household Income          $54,863   $69,120    $80,206

                                                                   Per Capita Income                $26,377   $36,417    $45,090

                                                                   RACE AND ETHNICITY               3 MILES   5 MILES    7 MILES

                                                                   White                            49.85%     51.04%     54.19%

                                                                   Black or African American         19.91%    19.86%     17.48%

                                                                   Asian or Pacific Islander          3.31%    5.90%       7.38%

                                                                   Hispanic                          58.72%   50.52%      47.66%

                                                                   CENSUS HOUSEHOLDS                3 MILES   5 MILES    7 MILES

                                                                   1 Person Household               26.39%     26.58%    29.00%

                                                                   2 Person Households              26.06%     27.84%     28.49%

                                                                   3+ Person Households              47.55%   45.58%      42.51%

                                                                   Owner-Occupied Housing Units      43.61%    53.07%     55.65%
    KEVIN SIMS
                                                                   Renter-Occupied Housing Units    56.39%    46.93%     44.35%
    281.477.4366
    ksims@newquest.com

   BINGLE CROSSING | HOUSTON, TEXAS
Information About Brokerage Services
      Texas 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:                                                                            will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an
  • A BROKER is responsible for all brokerage activities, including acts performed by sales agents               intermediary. A broker who acts as an intermediary:
    sponsored by the broker.                                                                                        • Must treat all parties to the transaction impartially and fairly;
  • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.                     • 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
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker                             the instructions of each party to the transaction.
represents):                                                                                                        • Must not, unless specifically authorized in writing to do so by the party, disclose:
  • Put the interests of the client above all others, including the broker’s own interests;                            • that the owner will accept a price less than the written asking price;
  • Inform the client of any material information about the property or transaction received by the                    • that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
     broker;                                                                                                           • any confidential information or any other information that a party specifically instructs the broker
  • Answer the client’s questions and present any offer to or counter-offer from the client; and                          in writing not to disclose, unless required to do so by law.
  • Treat all parties to a real estate transaction honestly and fairly.
                                                                                                                 AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:                                             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.
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.              TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND
An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any                 CLEARLY ESTABLISH:
material information about the pro erty or transaction known by the agent, including information disclosed       • The broker’s duties and responsibilities to you, and your obligations under the representation agreement.
to the agent or subagent by the buyer or buyer’s agent.                                                          • Who will pay the broker for services provided to you, when payment will be made and how the payment
                                                                                                                 will be calculated.
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         LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes.
minimum duties above and must inform the buyer of any material information about the property or                 It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this
transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.    notice below and retain a copy for your records.

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

                               Home Asset, Inc., dba NewQuest Properties                   420076                                         -                              (281)477-4300
                               Licensed Broker/Broker Firm Name or                         License No.                                  Email                                  Phone
                               Primary Assumed Business Name
                               H. Dean Lane, Jr.                                           366134                            dlane@newquest.com                          (281)477-4300
                               Designated Broker of Firm                                   License No.                                  Email                                  Phone
                               H. Dean Lane, Jr.                                           366134                            dlane@newquest.com                          (281)477-4300
                               Licensed Supervisor of Sales Agent/Associate                License No.                                  Email                                  Phone

                               Sales Agent/Associate’s Name                                License No.                                  Email                                  Phone

                                                                              Buyer/Tenant/Seller/Landlord Initials                      Date

                                                           Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

                                                  8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
                                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.     MS1864_EY_05.12.21
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