LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD |...
Transcript of LANTANA TOWN CENTER - NewQuest PropertiesLANTANA TOWN CENTER NWC OF FM 407 AND JETER ROAD |...
Lantana3,710 Homes
LantanaGolf Course
RANCH
R OA D
407
RANCH
R OA D
407
Future Restaurant
Space
Pad SiteAvailable
Pad SiteAvailable
PHASE II
PHASE I
FARM TO MARKET 407 2
4,557 VPD
MCMAKIN RD
JETER RD
LANTANA TRAIL
Casa Mia MexicanRestaurant
1,752 sfAvailable
1,420 sfBuilt OutIce Cream
3,150 sfBuilt Out
Medical Space
Tokyo Samurai Sushi Bar
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
LANTANA TOWN CENTERNWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS
EXCLUSIVE RETAIL IN AFFLUENT AREA
PROJECT HIGHLIGHTS
JOSH [email protected]
KEVIN [email protected]
MAJOR AREA EMPLOYERS
$178K AVG HHIwithin 3 miles
99,723 POPULATIONwithin 5 miles
38% POPULATION GROWTHfrom 2010 – 2019 within 2 miles
Mesquite
Dallas
Grand Prairie
Cedar Hill
Arlington
Fort Worth
Weatherford
Lewisville
Bartonville
Copper Canyon
Corinth
Lantana
Double Oak
Denton
Flower Mound
South Lake
Colleyville
Roanoke
Grapevine
Bridgeport
Decatur
Carrollton
Irving
Garland
Frisco
McKinney
Allen
Plano Murphy
Altoga
Wylie
Addison
Richardson
Propser
Warren Pkwy.
Ohio
Dr.
Fairview
Terrell
45
45
20
20
20
30
30
30
30
35E
635
35E
35E
35E
35W
35W
35W
820
2020
20
20
67
175
80
75
75
77
175
287
287
380
377
377
287
287
180
377
380
380
67
T E X A S276
T E X A S205
T E X A S114
T E X A S114
T E X A S1171
T E X A S170
T E X A S407
T E X A S121
T E X A S289
T E X A S289
T E X A S114
T E X A S114
T E X A S360
T E X A S360
T E X A S183
T E X A S161
T E X A S161
T E X A S288
T E X A S2181
T E X A S183
T E X A S121
T E X A S199
T E X A S199
T E X A S171
T E X A S249
78T E X A S
12T E X A S
78T E X A S
5T E X A S
TOLL
PGBT
TOLL
PGBT
TOLL
DNT
TOLL
DNT
34T E X A S
TOLL
SRT
TOLL
SRT
TOLL
CTP
John Hickman Pkwy.Lantana Town CenterNWC OF FM 407 AND JETER ROAD | BARTONVILLE, TEXAS
• Affluent demographics surround this development
• 1,207 annualized closings within the immediate trade area within last year
• The retail component of Republic Property Group’s award-winning Lantana master-planned community
• PHASE I AVAILABLE: 1 Pad site 1,420 – 3,172 SF 3,150 SF built-out medical space
• PHASE II NOW LEASING Across the street: Restaurant, office and retail space
Lantana3,710 Homes
LantanaGolf Course
RANCH
R OA D
407
RANCH
R OA D
407
Future Restaurant
Space
Pad SiteAvailable
Pad SiteAvailable
PHASE II
PHASE I
FARM TO MARKET 407 2
4,557 VPD
MCMAKIN RD
JETER RD
LANTANA TRAIL
Casa Mia MexicanRestaurant
1,752 sfAvailable
1,420 sfBuilt OutIce Cream
3,150 sfBuilt Out
Medical Space
Tokyo Samurai Sushi Bar
LANTANA TOWN CENTER | BARTONVILLE, TEXAS
AERIAL
02.2020 | 02.2020
J ET
ER
RO
AD
F M 4 0 7
MC
MA
KIN
RO
AD
FUTURELEASE
14,820 SF
FUTURELEASE
12,000 SF FUTURE LEASE10,500 SF
FUTURELEASE
4,800 SFFUTURELEASE
7,350 SF
FUTURELEASE
6,750 SF
FUTURELEASE
6,000 SF
LEASE: 1,420 SF
LEASE: 1,752 SF
FUEL STATION
TRACT 4
TRACT 2
TRACT 3
TRACT 1
TR
AC
T 5
TRACT 6
TRACT 7
TRACT 8
TRACT 9 TRACT 10 TRACT 11
TRACT 12
DETENTION
DETENTION 1
DETENTION 2
LANDSCAPING BUFFER
1 2 3
4 5
6
13 14 15
16
17 18
19
20
7
8
9
10 11
12
21
2223 24 25
26
27
28 29
30
31 32
33 34
35
36
KEY BUSINESS LEASE AREAS
1 Available Pad 61,082 SF
2 Available Pad 86,492 SF
3 Future Lease 12,000 SF
4 Future Lease 10,500 SF
5 Shellman’s Fine Wine & Spirits 4,941 SF
6 Dr. Santilli, DDS 2,120 SF
7 Bank of America 1,413 SF
8 Luxury Nails Salon & Spa 2,818 SF
9 Great Clips 1,050 SF
10 Casamia Mexican Restaurant 2,842 SF
11 Future Lease 7,350 SF
12 Future Lease 6,750 SF
13 Dickey’s Barbecue Pit 1,750 SF
14 Domino’s Pizza 2,100 SF
15 Nova Smile Care 2,100 SF
16 Salon M 1,725 SF
17 ATI Physical Therapy 2,125 SF
18 AT&T 1,909 SF
19 Starbucks 2,200 SF
20 Firestone 7,800 SF
21 Chase 3,558 SF
22 Kroger Marketplace 113,531 SF
23 Hollywood Feed 3,128 SF
24 Available For Lease 1,752 SF
25 Available For Lease 1,420 SF
26 Tokyo Samurai 3,500 SF
27 Farmers Insurance 1,050 SF
28 Terry’s Donuts 1,400 SF
29 The Tutoring Center 1,400 SF
30 Pediatric Dentist 3,150 SF
31 Legacy Nails 2,450 SF
32 F45 2,100 SF
33 Lantana Eye Care 2,100 SF
34 Supercuts 1,400 SF
35 Leased 3,150 SF
36 Available Pad 58,455 SF
SITE PLAN
LANTANA TOWN CENTER | BARTONVILLE, TEXAS
IN NEGOTIATIONLEASEDAVAILABLE NOT A PART SP130 | 09.03.19
DEMOGRAPHICS
LANTANA TOWN CENTER | BARTONVILLE, TEXAS
POPULATION 2 MILES 3 MILES 5 MILES
Current Households 4,526 8,657 32,140
Current Population 14,081 26,670 99,723
2010 Census Population 10,206 20,500 77,563
Population Growth 2010 to 2019 38.05% 30.30% 28.93%
2019 Median Age 37.7 38.7 38.3
INCOME 2 MILES 3 MILES 5 MILES
Average Household Income $168,583 $178,901 $172,429
Median Household Income $152,994 $153,520 $142,608
Per Capita Income $54,956 $58,334 $56,811
RACE AND ETHNICITY 2 MILES 3 MILES 5 MILES
White 79.32% 80.49% 76.87%
Black or African American 7.33% 6.57% 6.26%
Asian or Pacific Islander 4.54% 5.41% 10.21%
Hispanic 21.12% 17.83% 14.62%
CENSUS HOUSEHOLDS 2 MILES 3 MILES 5 MILES
1 Person Household 9.13% 9.12% 10.28%
2 Person Households 32.27% 31.85% 29.91%
3+ Person Households 58.60% 59.03% 59.81%
Owner-Occupied Housing Units 93.39% 93.73% 91.33%
Renter-Occupied Housing Units 6.61% 6.27% 8.67%
2010 Census, 2019 Estimates with Delivery Statistics as of 12/19
THE NEWQUEST NETWORK
MAXIMIZING VALUEEXCEEDING CLIENT EXPECTATIONS
GROCERY-ANCHORED SHOPPING CENTERS
RETAIL & MIXED-USE PORTFOLIO
$2.2 BILLION
IN TEXAS & LOUISIANA
LEASING SERVICES12 MILLION SF
AVAILABLE COMMERCIAL LAND
175 PADS300 ACRES
REPRESENTATION ACCOUNTS
TENANT100+
NewQuest Properties is one of the nation’s leading commercial real estate services firms, with a
fully integrated marketing platform leveraging over 20 years of experience in land, development,
commercial leasing, investment sales, property management and tenant representation services.
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
MARKET LEADER
Information About Brokerage ServicesTexas 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:• A BROKER is responsible for all brokerage activities, including acts performed 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 person 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 transaction 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 pro erty 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 representation 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 communicate 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 specifically 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 BROKER 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.
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
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.
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300
H. Dean Lane, Jr. 366134 [email protected] (281)477-4300
H. Dean Lane, Jr. 366134 [email protected] (281)477-4300
Rev 02.27.2020 ct