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Transcript of 2121 Williams Trace - NewQuest Properties€¦ · Before working with a real estate broker, you...
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
Leasing | Tenant Representation | Development | Land Brokerage | Investment Sales | Property Management
2121 Williams Trace Boulevard | Sugar Land, Texas
Ori Batagower | Brad LyBrand | 281.477.4300
2121 Williams Trace
Medical Office Building Available For Sale
5.15 / 4.14
2121 Williams Trace Boulevard | Sugar Land, Texas
2121 Williams Trace
Williams Trace Blvd
Lexington Blvd
Sweetwater Blvd
University Blvd
Dulles Ave
Avenue E
Sugarwood
Paradise Point
Telfair
Robinson Landing
Brookside
Lake Village
Mayfield Park
Sugar Land Regional Airport
Williams Glen
Austin Parkway
Cartwright Rd
Murphy Rd
Palm Royale Blvd
Lexington Blvd
Univ
ersi
ty B
lvd
Lexington Settlement
Lexington Point
Brightwater Estates
Riverbend Country Club
Stafford Business Park
Sweetwater Country Club
SITE
Executive Park
Sugar Creek
GreenbriarSouthwest
Telfair
Sweetwater
Colony Lake EstatesBay Bridge at
Sugar Lakes
Created: 5/2015Image: 4/2014
Ft Bend Toll Road
Westpark Tollway
Galveston Bay
Future
Hardy Toll Road
288
59
90A
HOUSTON
Missouri City
SugarLand
Rosenberg
Humble
Tomball
69
99
Future
Future
Katy
Cypress
90A
59
69
45
45
8
8
99
99 99
99
99
9090
90
90
35
249
10
10610
610
249
1960
1960
6
6
6
290
290
35
225
146
146
F O R T B E N DP A R K W A Y
TOLL ROAD
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
TOLLWAY
HCTRA
NewQuest Properties presents a rare opportunity to purchase a fully
leased 14,000 SF medical office building in the heart of Sugarland’s
highly prestigious First Colony development.
Originally constructed in 1995 as a former Kelsey Seybold clinic,
current ownership acquired the building in 2007 and completely
remodeled the facility to accommodate primary care and specialty
care uses with waiting rooms, plain film imaging rooms, two
laboratories, private physician offices throughout, patient and private
rooms throughout with clean finishes.
The building shell itself includes a structural steel mainframe, tilt-up
concrete wall panels veneered with brick, commercial built-up roof
system, full-height storefront at exterior wall openings, porte-cochere
for patient drop-off and pick-up.
Located on the hard corner of Williams Trace Blvd. and Edgewater
Blvd. in the heart of Sugar Land, this property is easily accessed
from Highway 59, Highway 6 and Sweetwater Blvd. The trade area
is extremely dense with high household incomes and traffic counts.
Other locations of interest within close proximity of the property
include the Methodist Sugar Land facility, the HCA Sugar Land facility,
the Sugar Land Town Square, and First Colony Mall.
■ Central Location near St. Lukes Hospital
■ Surrounded by other medical offices
■ Fully leased
■ 77 parking spaces
■ Excellent street presence and visibility
ContactOri Batagower
281.477.4307
Brad LyBrand
281.477.4344
Property Description
5.15 / 4.14
2121 Williams Trace Boulevard | Sugar Land, Texas
2121 Williams Trace
Highlands Elementary School
William
s Trace Blvd
Settl
ers W
ay B
lvd
Pecan Point Dr
Lexington Blvd
Edgewater Dr
SITE
Englewood
Lakes of Edgewater
The Highlands
Sugarwood
Williams GrantCreated: 5/2015Image: 4/2014
Photos
Fort Bend County Overview
■ No. 1 Fasted Growing County of the Ten Largest Counties in Texas
■ Consistently Ranked in Top 3% of Nations’ Counties in 5 Key Demographic Measures
■ 2014 Population of 652,365
■ College Educated 40.40%
■ Mean Household Income $112,893
*From Fort Bend County EDC
Largest Fort Bend County Employers
■ Flour Corporation – 2,400
■ Methodist Sugarland Hospital – 2,200
■ Schlumberger Technology Corp – 2,150
■ United Parcel Service – 924
■ Texas Instruments - 500
■ Nalco Company – 496
■ St. Luke’s Sugarland Hospital – 480
■ Frito-Lay, Inc. – 469
■ Baker Hughes, Inc. – 450
■ Memorial Hermann Sugarland Hospital – 396
*From Fort Bend County EDC
Largest Fort Bend County Master Planned Communities
■ Riverstone – 3,700 Acres #4 Top Selling MPC in US 2014**
■ Aliana – 2,044 Acres #7 Top Selling MPC in US 2014**
■ Cinco Ranch – 8,100 Acres #12 Top Selling MPC in US 2014**
■ Cross Creek Ranch – 3,200 Acres #19 Top Selling MPC in
US 2014**
■ Sienna Plantation – 9,958 Acres
■ Telfair – 2,018 Acres
■ Firethorne – 1,400 Acres
■ Fulshear Creek Crossing – 670 Acres
■ Grand Mission – 1,200 Acres
■ Lake Olympia – 1,000 Acres
*From Fort Bend County EDC
**From RCLCO
Trade Area Profile
5.15 / 4.14
2121 Williams Trace Boulevard | Sugar Land, Texas
2121 Williams Trace
Summary Demographic Profile
2121 Williams Trace Blvd 1.00 Mi 3.00 Mi 5.00 Mi
2015 Estimated Population 16,026 92,554 229,6092020 Projected Population 18,978 109,598 270,4562010 Census Population 14,826 84,515 210,6042000 Census Population 15,963 71,577 168,541 Projected Annual Growth 2015 to 2020 3.7% 3.7% 3.6%Historical Annual Growth 2000 to 2015 - 2.0% 2.4% 2015 Median Age 41.9 40.5 38.2 2015 Estimated Households 6,281 33,348 79,0912020 Projected Households 7,275 38,613 91,0902010 Census Households 5,707 29,851 70,8722000 Census Households 5,548 23,359 54,482 Projected Annual Growth 2015 to 2020 3.2% 3.2% 3.0%Historical Annual Growth 2000 to 2015 0.9% 2.9% 3.0% 2015 Estimated White 54.0% 45.9% 42.0%2015 Estimated Black or African American 6.1% 11.2% 18.2%2015 Estimated Asian or Pacific Islander 35.1% 36.5% 30.8%2015 Estimated American Indian or Native Alaskan 0.2% 0.3% 0.3%2015 Estimated Other Races 4.6% 6.2% 8.6% 2015 Estimated Hispanic 11.0% 13.0% 18.0% 2015 Estimated Average Household Income $108,951 $120,018 $106,1482015 Estimated Median Household Income $90,105 $98,416 $88,8882015 Estimated Per Capita Income $42,734 $43,276 $36,619 2015 Estimated Elementary (0 to 8) 5.5% 5.7% 8.2%2015 Estimated Some High School (9 to 11) 5.1% 5.9% 8.0%2015 Estimated High School Graduate 11.4% 10.8% 12.8%2015 Estimated Some College 17.5% 15.9% 17.1%2015 Estimated Associates Degree Only 5.6% 4.8% 4.7%2015 Estimated Bachelors Degree Only 22.7% 24.1% 22.1%2015 Estimated Graduate Degree 32.2% 32.7% 27.1% 2015 Estimated Total Businesses 776 5,045 9,0472015 Estimated Total Employees 8,048 56,777 108,4472015 Estimated Employee Population per Business 10.4 11.3 12.02015 Estimated Residential Population per Business 20.6 18.3 25.4 2010 Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography
based reports) .
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2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Proportional Block Groups
Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or land-lord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermedi-ary between the parties if the parties consent in writing. A broker can assist you in locating a property, prepar-
representing you. A broker is obligated by law to treat you honestly.
IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing bro-ker. A subagent may work in a different real estate of-
but does not represent the buyer and must place the
the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must dis-close to the owner any material information known to the agent.
IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the
The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.
IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the par-ties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written con-sent of each party to the transaction to act as an inter-mediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the br ker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:
(1) shall treat all parties honestly;(2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner;(3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and
-structs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.
With the parties’ consent, a broker acting as an in-termediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and an-other person who is licensed under that Act and asso-ciated with the broker to communicate with and carry out instructions of the other party.
If you choose to have a broker represent you,you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker rep-resents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.
Approved by the Texas Real Estate Commission for Voluntary Use
Information About Brokerage Services
Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
Buyer, Seller, Landlord or Tenant Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaintregarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
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. 6/22/2015 jc
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040
Leasing | Tenant Representation | Development | Land Brokerage | Investment Sales | Property Management