Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . [email protected]....

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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management 220 S Loop 336 West | Conroe, TX Heather Nguyen | Rebecca Le | 281.477.4300 Former Kroger Available for Sale 58,328 SF Box Available for Sale or Lease along I-45

Transcript of Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . [email protected]....

Page 1: Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . rle@newquest.com. 220 S Loop 336 West | Conroe, Texas Kroger - Surplus Assets SITE AERIAL. 220 S L

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

220 S Loop 336 West | Conroe, TX

Heather Nguyen | Rebecca Le | 281.477.4300

Former Kroger Available for Sale

58,328 SF Box Available for Sale or Lease along I-45

Page 2: Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . rle@newquest.com. 220 S Loop 336 West | Conroe, Texas Kroger - Surplus Assets SITE AERIAL. 220 S L

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220 S Loop 336 West | Conroe, Texas

Kroger - Surplus Assets

5.40 acres is situated on the Northwest corner of Interstate 45 and

South Loop 336 in Conroe, Texas, approximately five miles north

of The Woodlands and less than 10 miles north of the new Exxon

Campus. Loop 336 is Conroe’s outer loop circling the City of

Conroe, Montgomery County.

Immediately south of Property is the development of the former

Camp Strake property into Grand Central Park. Grand Central Park

will have residential, retail, hotels, conference center and the first

medical school in Montgomery County. Phase 1 of the residential

development will have 350 single family homes and the retail

component will feature 750,000 square feet of retail.

Building Size: 58,328 SF Box

Land Size: 5.40 acres

Available: 2nd Quarter of 2017

Heather Nguyejn281.477.4358 [email protected]

Rebecca Le281.477.4327 [email protected]

Page 3: Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . rle@newquest.com. 220 S Loop 336 West | Conroe, Texas Kroger - Surplus Assets SITE AERIAL. 220 S L

220 S Loop 336 West | Conroe, Texas

Kroger - Surplus Assets

SITE AERIAL

Page 4: Former Kroger Available for Sale surplus assets... · Rebecca Le. 281.477.4327 . rle@newquest.com. 220 S Loop 336 West | Conroe, Texas Kroger - Surplus Assets SITE AERIAL. 220 S L

220 S Loop 336 West | Conroe, Texas

Kroger - Surplus Assets

2.00 Mi 3.00 Mi 5.00 Mi

POSTAL COUNTS

Current Households 6,615 14,454 32,689

Current Population 19,515 42,320 89,063

2010 Census Average Persons per Household 2.95 2.93 2.72

2010 Census Population 18,267 31,736 71,308

Population Growth 2010 to 2015 7.81% 34.63% 29.06%

CENSUS HOUSEHOLDS

1 Person Household 22.43% 22.25% 25.50%

2 Person Households 27.71% 28.75% 30.33%

3+ Person Households 49.87% 49.01% 44.17%

Owner-Occupied Housing Units 47.31% 55.22% 57.58%

Renter-Occupied Housing Units 52.69% 44.78% 42.42%

RACE AND ETHNICITY

2015 Estimated White 62.97% 66.19% 72.91%

2015 Estimated Black or African American 12.92% 11.33% 8.62%

2015 Estimated Asian or Pacific Islander 2.16% 1.96% 2.80%

2015 Estimated American Indian or Native Alaskan 1.39% 1.28% 1.03%

2015 Estimated Other Races 20.56% 19.24% 14.64%

2015 Estimated Hispanic 43.15% 41.15% 33.77%

INCOME

2015 Estimated Average Household Income $68,768 $70,127 $73,746

2015 Estimated Median Household Income $55,569 $54,946 $59,484

2015 Estimated Per Capita Income $23,437 $24,172 $27,410

EDUCATION (AGE 25+)

2015 Estimated High School Graduate 27.24% 27.74% 25.52%

2015 Estimated Bachelors Degree 12.63% 13.16% 16.95%

2015 Estimated Graduate Degree 5.71% 5.42% 8.08%

AGE

2015 Median Age 32.2 33.6 34.9

2010 Census, 2015 Estimates withDelivery Statistics as of 12/15

DEMOGRAPHICS

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Information About Brokerage Services

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts per-

formed by sales agents sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients

on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the per-son or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;

• Inform the client of any material information about the property or trans-action received by the broker;

• Answer the client’s questions and present any offer to or counter-offer from the client; and

• Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

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. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written repre-sentation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

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 will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder

associated with the broker to each party (owner and buyer) to communi-cate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted

in a written offer; and• any confidential information or any other information that a party spe-

cifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an 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.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO-KER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

License No.

License No.

License No.

License No.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/Landlord Initials Date

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

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.

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

281.477.4300

Rev. 04/22/16 ka