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New Quest Real Estate Houston Texas

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New Quest Real Estate Houston Texas document sample

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Leeland Downtown Houston
SWC of Austin St. & Leeland St. | Houston, Texas

Mark Sondock | NewQuest.com | 281.477.4300
Leeland Downtown Houston
SWC of Austin St. & Leeland St. | Houston, Texas



                                                                                                                                                                                                         Property Description

                                                                                                                                                                                                         Leeland Crossing is located at the southwest corner of Austin Street
                                                                                                                                                                                                         & Leeland Street in the downtown area of Houston, Texas.


                                                                                                                                                                                                         Area Highlight:
                                                                                                                                                                                                         ■ Close proximity to the Toyota Center, St. Joseph’s Hospital
                                                                                                                                                                                                         Complex, the George R. Brown Convention Center, a (350,000
                                                                                                                                                                                                         square feet retail and entertainment center) and 200,000 square feet
                                                                                                                                                                                                         of office space covering 3 city blocks on Polk.


                                                                                                                                                                                                         Project Size:
                                                                                                                                                                                                         ■ Land:
                                                                                                                                                                                                             » 41,250 square feet (could put together whole block—62,500 SF)
                                                                                                                                                                                                         ■ Two Buildings:
                                                                                                                                                                                                             » 20,000 square feet total


                                                                                                                                                                                                         Available For Lease or Sale:
                                                                                                                                                                                                         ■ Two Buildings:
                                                                                                                                                                                                             » Building 1:                   10,000 SF
                                                                                                                                                                                                             » Building 2:                   10,000 SF


                                                                                                                                                                                                         Traffic Counts:
                                                                                                                                                                                                         ■ 5,670 cars per day on Leeland
                                                                                                                                                                                                         ■ 10,620 cars per day on Pease
                                                                                                                                                                                                         ■ 7,280 cars per day on Caroline
                                                                                                                                                                                                         ■ 3,930 cars per day on Austin
                                                                                                                                                                                                         	   Source:	Texas	Department	of	Transportation,	2009	counts

                                                                                                                                                                 1960
                                                                                                                                                      249
                                                                                                                                                                                   45


                                                                                                                                                                                                         Contact
                                                                                                                                          290                                8
                                                                                                                                                                                                         Mark Sondock
                                                                                                                                                                                                         p: 281.477.4303 | e: msondock@newquest.com
                                                                                                                                                                                                                90




                                                                                                                                                     Location
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Leeland Downtown Houston
SWC of Austin St. & Leeland St.| Houston, Texas
Leeland Downtown Houston
SWC of Austin St. & Leeland St.| Houston, Texas



                                                                              Postal Count                                                                                                                                Summary Demographic Profile
                   Delivery Statistics as of 06/10                                                                                                           1990 - 2000 Census, 2010 Estimates
                                                                                                                                                             & 2015 Projections

                   Austin St & Leeland St                                2.00 Mi           3.00 Mi           5.00 Mi                                         Austin St & Leeland St                                2.00 Mi           3.00 Mi           5.00 Mi


                   Summary Data                                                                                                                              2010 Estimated Population                             76,640            176,546           432,110
   Demographic
    Adjustment




                   Census 2000 Households                                22,493            58,467            146,892                                         2015 Projected Population                             81,655            190,200           452,005




                                                                                                                                                Population
                   Route Active Residential Count                        39,087            81,056            183,840                                         2000 Census Population                                64,235            153,033           389,454
                   Census 2000 Average Persons per Household             2.24              2.30              2.50                                            1990 Census Population                                57,403            144,632           367,852
                   Census 2000 Population                                64,232            153,078           389,347
                   Recalculated Route Lower range                        87,512            186,292           458,623                                         Historical Annual Growth 1990 to 2010                 1.7%              1.1%              0.9%
                   Active Population Upper range                         111,622           212,219           487,279                                         Projected Annual Growth 2010 to 2015                  1.3%              1.5%              0.9%
                   Census Households vs Route Residential Count          73.78%            38.63%            25.15%
                                                                                                                                                             2010 Median Age                                       32.6              33.1              33.3
                   Origination Data
     Residential
   Demographics




                   Active Residential Delivery                           33,129            73,436            173,067                                         2010 Estimated Households                             26,791            68,045            164,873




                                                                                                                                                Households
                   Active Residential Box                                5,954             7,615             10,766                                          2015 Projected Households                             30,050            77,644            182,490
                   Active Residential Count                              39,086            81,055            183,839                                         2000 Census Households                                22,492            58,452            146,927
                   Additional Active General Delivery Count              1                 1                 1                                               1990 Census Households                                20,094            54,081            135,090
                   Total Active Residential Count                        39,087            81,056            183,840
                   Additional Possible General Delivery Count            1                 1                 1                                               Historical Annual Growth 1990 to 2010                 1.7%              1.3%              1.1%
                   Total Possible Residential Count                      43,292            87,877            196,471                                         Projected Annual Growth 2010 to 2015                  2.4%              2.8%              2.1%
                   Census 2000 Households                                22,493            58,467            146,892
                   Population in households                              50,359            134,376           366,450                                         2010 Estimated White                                  62.8%             66.4%             69.4%




                                                                                                                                              Population
                                                                                                                                                By Race
                   1-person household                                    45.73%            42.62%            36.81%                                          2010 Estimated Black or African American              31.6%             27.5%             24.0%
                   2-person household                                    26.18%            27.11%            27.31%                                          2010 Estimated Asian & Pacific Islander               3.3%              3.6%              4.0%
                   3-person household                                    10.22%            11.34%            12.83%                                          2010 Estimated American Indian & Native Alaskan       0.7%              0.8%              0.8%
                   4-person household                                    7.05%             8.07%             9.96%                                           2010 Estimated Other Races                            1.5%              1.6%              1.8%
                   5-person household                                    4.86%             5.04%             6.28%
                   6-or-more person household                            5.95%             5.83%             6.81%                                           2010 Estimated Hispanic                               46.1%             47.7%             51.6%
                   Population in Group Quarters                          13,874            18,702            22,897
                                                                                                                                                             2010 Estimated Average Household Income               $59,789           $71,047           $77,364




                                                                                                                                                Income
                   Total Housing Units                                   26,433            67,069            164,926                                         2010 Estimated Median Household Income                $38,180           $45,862           $52,117
                   Occupied housing units                                85.09%            87.18%            89.07%                                          2010 Estimated Per Capita Income                      $29,222           $31,926           $31,993
                   Owner-occupied housing units                          26.23%            33.12%            42.30%
                   Renter-occupied housing units                         73.77%            66.88%            57.70%                                          2010 Elementary                                       19.5%             19.3%             19.8%




                                                                                                                                              Education
                                                                                                                                              (Age 25+)
                                                                                                                                                             2010 Some High School                                 13.9%             12.3%             12.6%
                   Drop Site Business or Family Served Count             2,492             5,481             10,632                                          2010 High School Graduate                             24.3%             20.9%             20.7%
   Business
    Demos




                   Active Business Deliveries                            11,507            16,304            29,192                                          2010 Some College                                     16.2%             14.8%             13.7%
                   Possible Business Deliveries                          13,345            18,777            33,428                                          2010 Associates Degree Only                           3.5%              3.8%              3.3%
                   Active Versus Possible Business Deliveries            15.97%            15.16%            14.51%                                          2010 Bachelors Degree Only                            13.9%             16.7%             16.3%
                                                                                                                                                             2010 Graduate Degree                                  8.6%              12.2%             13.5%
                   2000 Census Block Group Data and Custom Sites USA Geography, (Census 2000 numbers may deviate from Block Group geography
                   based reports) .                                                                                                                          Number of Businesses                                  9,546             14,003            30,952
                                                                                                                                                Business     Total Number of Employees                             192,008           243,859           494,465
                                                                                                                                                             Employee Population per Business                      20.1              17.4              16.0
                                                                                                                                                             Residential Population per Business                   8.0               12.6              14.0

                                                                                                                                                             2000 Census Block Group Data and Custom Sites USA Geography, (Census 2000 numbers may deviate from Block Group geography
                                                                                                                                                             based reports) .
     Leasing         Tenant Representation                    Development              Land Brokerage               Investment Sales               Property Management

                                           8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
                                                     P 281.477.4300 | F 281.477.4399 | www.newquest.com




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. 10/27/10

								
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