ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
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ANCHORED BY THE #2 MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION - PLACER.AI, ‘21 100% LEASED ISLAND GATE PLAZA 100% Leased Dynamic Center 4717 S. Padre Island Drive | Corpus Christi, Texas Bob Conwell | David Meyers | 281.477.4300 Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
ISLAND GATE PLAZA PROJECT HIGHLIGHTS CORPUS CHRISTI, TEXAS La Mo on D Dr mo Dr nt CLAREMONT se et r Dr St t PARK BROOKDALE ing ha te ie S De Ha on SHERWOOD PARK C lp rry Dr ar t hin n PARK Mar St eS Sh Mc L am an t nn 358 Ar on Rd Br id r us dl tS k D ok D Pe eR TEXAS hw t er rt 15% oo d Sh $78K ha d Go 243,467 o S Ln llih r er Ja br St ns ar Ev ow se Rd ap nD oc Mt ad le r Dr Br Ve sS SP Me rn wn a CURRENT dr on t Pa eI Dr do RICHARD KING Rd na sl AVERAGE an Dr Dr ma KINGSTON Ti ns ge d Dr HIGH SCHOOL er D rL La w PARKr eb n LENA Sa ars sha Ke y W es POPULATION POPULATION t Dr W PARK r Ca MALIBU iD lem ky Z ad Mt pr ISLAND GATE Av Dr HOUSEHOLD wy iD Ve PARK GROWTH Br ol r r n MT VERNON PLAZA Pk on WITHIN 5 MILES ip e St D r PARK INCOME Tr on nn eg m Fly at eW Lu WITHIN 5 MILE Ho ay LA PALMERA Mc lly STONEGATE Co Ar Rd PARK ro dl na eR SINCE 2010 WITHIN 5 MILES Co Dr d bb MOORE les Co to ve PLAZA THE SHOPS Sc ne nt Cu 358 ha Ln ry rti W AT LA PALMERA ne TEXAS nB Ln Bo sC illi lvd nn lar am SCHANEN ESTATES er kD sD ELEMENTARY Dr r r Dr n 2010 Census, 2021 Estimates with nL an Delivery Statistics as of 07/21 lso Del r Je Ca tD wy in Ne tty Dr Pk me Sta SCHANEN n nL Be PARK GARDENDALE ea lar 181 rr D rto PARK Sh 77 Kil ST ANDREWS Bu r E PARK 37 35 RESIDENTIAL GROWTH Nueces Bay 181 92,653 TOTAL CURRENT HOUSEHOLDS 69E 37 15.7% HOUSING GROWTH 2010 - 2021 Corpus Christi Bay 44 Source: Regis Estimates as of 2Q 2021 TEXAS Corpus Christi 358 MAJOR TENANTS 286 TEXAS TEXAS BOB CONWELL DAVID MEYERS 281.477.4324 281.477.4325 bconwell@newquest.com dmeyers@newquest.com
PROJECT HIGHLIGHTS LOCATED AT THE HIGH- 159,329-SF CENTER UNDER 3 MILES FROM 1 10 MILES FROM THE TRAFFIC INTERSECTION ANCHORED BY MAJOR OF 3 LOCAL CHRISTUS NAVAL AIR STATION, OF S. PADRE ISLAND DRIVE NATIONAL TENANTS: SPOHN HEALTH CENTERS, CORPUS CHRISTI’S AND EVERHART ROAD BEST BUY, ROSS, BED THE AREA’S LARGEST SINGLE-LARGEST (157K VPD), ONE OF THE BATH & BEYOND, MEDICAL EMPLOYER EMPLOYER MOST HEAVILY-VISITED MICHAEL’S, BASKIN RETAIL DESTINATIONS IN ROBINS, AND CHICK-FIL-A THE REGION ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
AERIAL RANKED IN TOP 20 LEAST-EXPENSIVE CITIES FOR COST OF DOING BUSINESS Stonegate Park Embassy House Apartments 176 Units D CORONA DRIVE. VP 48 ,8 34 RD RT SITE HA ER EV Nail Salon 358 TEXAS S. PADRE ISLAND DR 157,317 VPD 11.21 | 02.21 ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
AERIAL La Palmera Mall EVERHART 34,848 VPD 358 TEXAS S. PADRE ISLA Nail Salon SITE ND DR 157,317 VPD 11.21 | 02.21 ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
SITE PLAN KEY BUSINESS LEASE AREAS 1 Bed, Bath & Beyond 26,300 SF 2 Shoe Carnival 17,538 SF 3 Ross Dress for Less 34,000 SF CORONA DR 4 Best Buy 47,616 SF 5 Michael’s Arts & Crafts 24,800 SF 6 America’s Best 3,477 SF 7 Pho Tastic Noodle & Deli 2,990 SF 8 Nail Salon 1,149 SF 9 Baskin Robbins 1,459 SF EXISTING RETAIL 1 2 3 4 5 EVERHART RD EXISTING RETAIL 6 7 8 9 S O U T H PA D R E I S L A N D D R AVAILABLE LEASED IN NEGOTIATION NOT A PART 11.21 | 12.19 ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
DEMOGRAPHICS 2010 Census, 2021 Estimates with Delivery Statistics as of 07/21 POPULATION 1 MILE 3 MILES 5 MILES Current Households 5,230 54,932 91,966 Current Population 13,755 140,946 243,467 2010 Census Population 12,889 129,019 212,785 Population Growth 2010 to 2021 8.04% 9.73% 15.87% 2021 Median Age 38.1 35.3 35.5 INCOME 1 MILE 3 MILES 5 MILES Average Household Income $74,668 $76,891 $78,070 Median Household Income $61,906 $63,375 $65,187 Per Capita Income $28,322 $30,507 $29,905 RACE AND ETHNICITY 1 MILE 3 MILES 5 MILES White 78.03% 79.73% 79.40% Black or African American 3.74% 4.25% 4.52% Asian or Pacific Islander 1.73% 2.35% 2.73% Hispanic 69.41% 65.82% 65.50% CENSUS HOUSEHOLDS 1 MILE 3 MILES 5 MILES 1 Person Household 24.11% 27.06% 25.97% 2 Person Households 32.18% 31.75% 30.84% 3+ Person Households 43.70% 41.20% 43.19% BOB CONWELL DAVID MEYERS Owner-Occupied Housing Units 62.20% 55.48% 59.22% 281.477.4324 281.477.4325 Renter-Occupied Housing Units 37.80% 44.52% 40.78% bconwell@newquest.com dmeyers@newquest.com ISLAND GATE PLAZA | CORPUS CHRISTI, 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 Bob Conwell 319701 bconwell@newquest.com (281)477-4300 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. ICSC1121_EY_11.01.21
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