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WILLOWBROOK PAVILION Last Pads Available in Willowbrook’s Premier Family Fun Destination SWC of Highway 249 and Millsview Road | Houston, Texas Kevin Sims | Nick Ramsey | 281.477.4300 REGIONAL SHOPPING CENTER IN FAST-GROWING NEIGHBORHOOD 70% OF CUSTOMERS LIVE WITHIN 30 MILES - PLACER.AI ‘21 Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
7

WILLOWBROOK PAVILION - NewQuest Properties

May 14, 2022

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Page 1: WILLOWBROOK PAVILION - NewQuest Properties

WILLOWBROOK PAVILIONLast Pads Available in Willowbrook’s Premier Family Fun Destination

SWC of Highway 249 and Millsview Road | Houston, Texas

Kevin Sims | Nick Ramsey | 281.477.4300

REGIONAL SHOPPING CENTER IN

FAST-GROWING NEIGHBORHOOD

70% OF CUSTOMERSLIVE WITHIN 30 MILES

- PLACER.AI ‘21

Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

Page 2: WILLOWBROOK PAVILION - NewQuest Properties

T E X A S249

FA R M

R OA D

1960

MILLS RD

MILLS VIEW RD

WILLOW PL DR N

MIS

TY W

ILLO

W D

R

BRETON RIDGE ST

CYPRESS CREEK P

KWY

GRANT RD

STATE HIGHWAY 249

WILLOWCHASESHOPPING CENTER

HOUSTON METHODIST WILLOWBROOK

HOUSTON METHODIST WILLOWBROOK

WILLOWBROOKMALL

COMMONS ATWILLOWBROOK

VERANDA ATCENTERFIELDVERANDA ATCENTERFIELD

MILLS LANDINGMILLS LANDING

THE ABBEY AT WILLOWBROOKTHE ABBEY AT WILLOWBROOK

LINNFIELDLINNFIELD

THE ABBEY ATGRANT ROADTHE ABBEY ATGRANT ROAD

PRAIRIE VIEWA&M UNIVERSITY NW

WILLOW GREENWILLOW GREEN

WILLOWBROOKPAVILION

WILLOWBROOKPAVILION

Houston

Humble Atascocita

Kingwood

Sheldon

Channelview

Texas City

Galveston

Pearland

Pasadena La Porte

Dickinson

Katy

Fulshear

Conroe

The Woodlands

Spring

Tomball

Magnolia

Plantersville

Cypress

45

10

45

45

10

610

59

5990

90

TOLL

99

TOLL

99

TOLL

249

TOLL

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

FA R M

R OA D

1960

290

T E X A S105

T E X A S105

T E X A S288

T E X A S225

T E X A S146

T E X A S242

T E X A S249

T E X A S149

FA R M

R OA D

2920

FA R M

R OA D

1774

TOLLWAY

WESTPARK

6T E X A S

Richmond

Rosenberg

FA R M

R OA D

1093

TOLL ROADAUTHORITY

F O R T B E N DC O U N T Y

8B E LT WAY

8B E LT WAY

FA R M

R OA D

1463

27%POPULATIONGROWTHWITHIN 1 MILEFROM 2010 TO 2021

2010 Census, 2021 Estimates with Delivery Statistics as of 12/21

315,599CURRENTPOPULATIONWITHIN 5 MILES

$104KAVERAGEHOUSEHOLDINCOMEWITHIN 3 MILES

MAJORAREARETAILERS

STEADY RESIDENTIAL GROWTH4,740 ANNUAL TRANSACTIONS

$280,219 AVERAGE TRANSACTION VALUE$1,307,502,746 TOTAL TRANSACTION VALUE

TOP 3 SUBDIVISIONS: CHAMPION FOREST, MEMORIAL NORTHWEST, LAKEWOOD FOREST

113,517 TOTAL HOUSEHOLDSSource: MetroStudy Estimates as of 4Q 2021

WILLOWBROOK MALL

WILLOWBROOK PAVILIONHOUSTON, TEXAS

PROJECT HIGHLIGHTS

KEVIN [email protected]

NICK [email protected]

Page 3: WILLOWBROOK PAVILION - NewQuest Properties

VIBRANT TRADE AREA: HOUSTON METHODIST HOSPITAL EMPLOYING 1,500+ PERSONNEL ACROSS THE STREET

GREAT ACCESS AND VISIBILITY FROM BOTH STATE HIGHWAY 249 AND MILLSVIEW ROAD

LESS THAN A MILE FROM A WHO’S WHO OF NATIONAL RESTAURANTS, CHAIN STORES, AND BOUTIQUES

LESS THAN 2 MILES FROM WILLOWBROOK MALL, AVERAGING 19M SHOPPER VISITS ANNUALLY

AVAILABLE:1,337-SF INLINE42,285-SF INLINE 45,629-SF PAD SITE70,581-SF INLINE118,204-SF PAD SITE

AVAILABLE FOR LEASE70,581 SF

PROJECT HIGHLIGHTS

WILLOWBROOK PAVILION | HOUSTON, TEXAS

Page 4: WILLOWBROOK PAVILION - NewQuest Properties

Willow Green336 Units

Mills Walk170 Homes

Mills CreekCrossing

170 Homes

The Abbey atGrant Road372 Units

Tallow Wood961 Homes

Mandolin Village278 Homes

CY-CREEK HS3,346 STUDENTS

CY-CREEK HS3,346 STUDENTS

GRANT RD

GRANT RD

PERRY RDPERRY RD

HIGHWAY 249 1

29,054 VPD

T E X A S249

Pad SitesAvailable

Lease42,285 SF

Lease70,581 SF

Willowbrook Pavilion

Willowchase Center

30-MILE TRADE AREADISTANCE TRAVELED CUSTOMER %

UNDER 1 MILE 2.11%

UNDER 3 MILES 8.73%

UNDER 5 MILES 24.63%

UNDER 7 MILES 38.56%

UNDER 10 MILES 61.21%

UNDER 30 MILES 90.43%- PLACER.AI ‘22

05.22 | 04.22

AERIAL

WILLOWBROOK PAVILION | HOUSTON, TEXAS

Page 5: WILLOWBROOK PAVILION - NewQuest Properties

PROPOSED 20' CROSS ACCESS

STATE HIGHWAY 249

STATE HIGHWAY 249

WIL

LO

W C

HA

SE

DR

I VE

WI L

LO

W P

LA

CE

NO

RT

H

M I S T Y W I L L O W

KU

YK

EN

DA

HL

RO

AD

KU

YK

EN

DA

HL

RO

AD

DET

ENTI

ON

DETENTION

TRACT 1

TRACT 3

TRACT 2

NOT A PARTFUTURELEASE

7,003 SF

FUTU

RE

RET

AIL

13,3

00

SF

FOR LEASE6,650 SF

BA

NK

CHINESE

RESTAURANT

LEASE1,337 SF

LEASE70,581 SF

LEASE42,285 SF

1

8

7

6 5 4 3

2

KEY BUSINESS LEASE AREAS

1 Available For Lease 70,581 SF

2 Available For Lease 42,285 SF

3 Just Danze 2,163 SF

4 Available For Lease 1,337 SF

5 Fancy Dancer Boutique 2,450 SF

6 Sewing & Vacuum Warehouse 6,650 SF

7 Available Pad 118,204 SF

8 Available Pad 45,629 SF

IN NEGOTIATIONLEASEDAVAILABLE NOT A PART SP.49 | 04.22 | 07.21

SITE PLAN

WILLOWBROOK PAVILION | HOUSTON, TEXAS

Page 6: WILLOWBROOK PAVILION - NewQuest Properties

POPULATION 1 MILE 3 MILES 5 MILES

Current Households 5,885 39,188 113,365

Current Population 13,789 100,724 315,599

2010 Census Population 10,823 86,435 276,838

Population Growth 2010 to 2021 27.40% 16.53% 14.00%

2021 Median Age 32.9 36.2 35.8

INCOME 1 MILE 3 MILES 5 MILES

Average Household Income $76,760 $104,195 $103,193

Median Household Income $50,483 $72,330 $75,357

Per Capita Income $33,551 $41,467 $37,671

RACE AND ETHNICITY 1 MILE 3 MILES 5 MILES

White 39.67% 46.21% 43.43%

Black or African American 18.03% 14.66% 15.73%

Asian or Pacific Islander 13.96% 11.93% 12.08%

Hispanic 30.92% 30.04% 32.30%

CENSUS HOUSEHOLDS 1 MILE 3 MILES 5 MILES

1 Person Household 40.64% 27.44% 22.83%

2 Person Households 25.26% 31.98% 30.01%

3+ Person Households 34.09% 40.58% 47.16%

Owner-Occupied Housing Units 33.84% 56.91% 64.02%

Renter-Occupied Housing Units 66.16% 43.09% 35.98%

2010 Census, 2021 Estimates with Delivery Statistics as of 12/21

DEMOGRAPHICS

WILLOWBROOK PAVILION | HOUSTON, TEXAS

KEVIN [email protected]

NICK [email protected]

Page 7: WILLOWBROOK PAVILION - NewQuest Properties

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

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.

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

Kevin Sims 515478 [email protected] (281)477-4300

MS3096_KT_05.02.22