KATY GRAND KATY'S NEWEST PRIME DESTINATION FOR DINING AND ENTERTAINMENT - NEC OF 1-10 & THE GRAND PARKWAY (HWY 99) | KATY, TEXAS - LoopNet
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KATY GRAND NEC OF 1-10 & THE GRAND PARKWAY (HWY 99) | KATY, TEXAS KATY’S NEWEST PRIME DESTINATION FOR DINING AND ENTERTAINMENT Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
Spring
290 FA R M
1960
Cypress
PROJECT HIGHLIGHTS
R OA D
HCTRA
TOLLWAY
Katy Grand
NEC OF 1-10 & THE GRAND PARKWAY (HWY 99) 99 HCTRA
KATY, TEXAS TOLL
TOLLWAY
Houston
• Introducing a new international culinary adventure in Katy
Katy 610
• University of Houston 46-acre campus (10,000 students) FA R M
WESTPARK
610
1463
now open!
TOLLWAY
R OA D
6
TEXAS
• Surrounded by highest–growth residential market in the country
HCTRA
• Katy ISD projected to grow to more than 90,000 students in the 90 Sugar Land TOLLWAY
next seven years 59
90 Pearland
T R AF F IC CO UN TS
289,900 VPD on Katy Freeway
6
35,381 VPD on Grand Parkway TEXAS
288
TEXAS
$114 K AVG H H I
within 5 miles
M AJOR A RE A E M P LOYE RS
752 ,155 P OP UL ATI O N
within 10 miles
45% P OP U L ATI ON G R OW T H
NEW HCC KAT Y 24 -AC RE C A M P US
from 2010 – 2019 within 10 miles
Opening in 2021
REBECCA LE HEATHER NGUYEN
281.477.4327 281.477.4358
rle@newquest.com rnguyen@newquest.com
PROJECT HIGHLIGHTS
• Convenient and highly accessible with • Cinemark 19 Katy features 19 screens and • Dual freeway visibility and 1,700’ of
more than 200,000 cars traveling by Katy stadum-style reclining seats frontage on Interstate 10 and 1,000’ of
Grand every day frontage on Grand Parkway
• On site, six-level Metro parking garage
(1,727 spaces)
AERIAL
12.19 | 10.19
KATY GRAND | KATY, TEXAS
AERIAL
12.19 | 10.19
KATY GRAND | KATY, TEXAS
AERIAL
D
New Katy ISD
35,381 VP
Football Stadium Grand Nest Office Park
20,000 Seats 850,000 SF
$70M Project
FRANZ RD. FRANZ RD.
ARKWAY
UH Katy Campus – 46 Acres Houston Community College
K AT Y F O R T B E N D R D .
MASON RD.
10,000 Student Enrollment New Campus – 24 Acres
Opened Fall 2019 7,000 Students Projected
Opening 2021 Headquarters
GRAND P
The Remington
350 Units
COL
ONI
AL P
KW Y
610 Employees
TOLL
99
AL PKW
Y KATY GRAND
COLONI
WESTSIDE PKWY
MER
CHA
NTS
W AY
1,000+ Employees
90
10 KATY FREEWAY 151,937 VPD 10 KATY FREEWAY 289,900 VPD
41,255 VPD
MASON RD.
W E S T G R E E N B LV D .
SH 99
K I N G S L A N D B LV D .
Katy Mills
K I N G S L A N D B LV D .
The Villages Memorial
771 Homes Parkway
2,018 Homes
11.2019 | 03.2019
12.19 | 10.19
KATY GRAND | KATY, TEXAS
AERIAL
10
www.PartyCity.com
Headquarters
KA
N. MASON RD.
TY
West Memorial
Jr. High School
FR
Proposed Trademark
Mixed-Use Development
756 Students
E EW
The Remington
350 Units
AY
WESTSIDE PKWY.
28
9,
Houston Community College
9
New Campus – 24 Acres
00
7,000 Students Projected
VP
Opening 2021
D
UH Katy Campus – 46 Acres
10,000 Student Enrollment
GRAND WEST BLVD.
Opened Fall 2019
E. FRENHURST DR.
San Remo
PHASE II
Y.
W
PK
Coming Soon
AL
San Tierra
NI
LO
PHASE I
CO
Coming Soon
6 Level Parking Garage
1,650 Spaces
99 41,255 VPD
99
GRAND PARKWAY
TOLL
TOLL 35,381 VPD
MERCH
1,000+ Employees
AN
S
T
Distribution W
AY
11/2019
12.19 | 10/2019
| 11.19
KATY GRAND | KATY, TEXAS
SITE PLAN
KEY BUSINESS LEASE AREAS
1 Available for Lease 7,050 SF
2 Available for Lease 7,525 SF
3 Proposed Udon 3,500 SF
4 Proposed Fruit Tea 1,400 SF
5 Available for Lease 1,402 SF
6 Gloria’s Latin Cuisine 5,500 SF
7 Available Pad 56,903 SF
8 Available Pad 59,731 SF
9 85C Bakery 2,803 SF
10 Kura Revolving Sushi Bar 3,520 SF
11 Kinokuniya 4,000 SF
12 Somi Somi 1,206 SF
13 Available for Lease 2,394 SF
Y
14 Tim Ho Wan 5,160 SF WA
RK
E S T B LV D
PA
TILE
15 Haidilao Hot Pot 4,295 SF MERCAN
16 Proposed Boba 1,600 SF 9
TR AC T 4 10
17 Available for Lease 4,400 SF 3
11
GRAND W
T 3
TR
13
AC
12
4
18 Proposed Hot Pot 6,571 SF TR
AC
LEASE
5
1,402 SF
T7
6 14
2
19 Available for Lease 28,793 SF 15
LEASE
LEASE 1
16 4,400 SF
20 METRO Parking Garage 1,727 Spaces 7,050 SF
LEASE
17
7 18
7,525 SF LEASE
TR
21 Available for Lease 16,240 SF 6,500 SF
A
CT
LEA
TRACT 5 8 2 8 ,7 S E 19
93 S
22 Cinemark 79,235 SF LEASE
F
21
6,500 SF
LEASE
23 Walk-On’s Bistreaux & Bar 8,002 SF 16,240 SF
8
TR TRAC
T9
PARKING A
GARAGE CT
LEVEL 2 6 GR
AN
VAN
D
CIR
VAN
20
VAN
CLE
B LV D
G R A N D P A R K WAY
VAN
TRACT 1
VAN
PARKING GARAGE
23
22
TRACT 2
I N T E R S T A T E H I G H W AY 1 0
AVAILABLE LEASED IN NEGOTIATION NOT A PART
02.20 | 01.20
KATY GRAND | KATY, TEXAS
DEMOGRAPHICS
2010 Census, 2019 Estimates with Delivery Statistics as of 12/19
POPULATION 3 MILES 5 MILES 10 MILES
Current Households 41,190 89,846 246,124
Current Population 122,153 276,187 752,155
2010 Census Population 85,843 196,310 519,904
Population Growth 2010 to 2019 42.77% 40.97% 44.90%
2019 Median Age 34.6 34.4 33.9
INCOME 3 MILES 5 MILES 10 MILES
Average Household Income $95,014 $114,182 $104,119
Median Household Income $84,153 $98,931 $91,933
Per Capita Income $33,662 $38,565 $35,127
RACE AND ETHNICITY 3 MILES 5 MILES 10 MILES
White 68.00% 65.45% 59.40%
Black or African American 11.46% 11.87% 15.51%
Asian or Pacific Islander 7.27% 10.23% 11.72%
Hispanic 32.59% 31.47% 32.38%
CENSUS HOUSEHOLDS 3 MILES 5 MILES 10 MILES
1 Person Household 17.48% 14.98% 17.31%
2 Person Households 28.45% 27.36% 26.58%
3+ Person Households 54.06% 57.66% 56.11%
Owner-Occupied Housing Units 71.88% 76.86% 72.77%
Renter-Occupied Housing Units 28.12% 23.14% 27.23%
KATY GRAND | KATY, TEXASTHE NEWQUEST NETWORK
MAXIMIZING VALUE MARKET LEADER
GRO CERY-ANCHO RED
SHO PPI NG CENT ERS
EXCEEDING CLIENT EXPECTATIONS
NewQuest Properties is one of the nation’s leading commercial real estate services firms, with a $2.2 BILLION
PORTFOLIO
fully integrated marketing platform leveraging over 20 years of experience in land, development, RETAI L & M I XED -USE
commercial leasing, investment sales, property management and tenant representation services.
100+ TENANT
REPRESENTAT I O N
ACCO UNTS
12 MILLION SF
LEASING SERVICES
I N T EXAS &
LO UI SI ANA
175 PADS
300 ACRES
AVAI LAB LE
CO M M ERCI AL LAND
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant RepresentationInformation 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. Rev 02.06.2020 ctYou can also read
