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Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
AI HOA PLAZANEC OF BELLAIRE BLVD. AND S KIRKWOOD RD. | HOUSTON, TX
NEW RETAIL CONSTRUCTION TO BE DELIVERED 3Q 2020
PROJECT HIGHLIGHTS
JOHN [email protected]
GRACE [email protected]
MAJOR AREA RETAILERS
TRAFFIC COUNTS47,8198 VPD on Bellaire Boulevard
$121K AVG HHIwithin 5 miles
303,204 POPULATIONwithin 5 miles
Houston Baytown
Texas City
Galveston
Pearland
Sugar Land
Katy
Conroe
The Woodlands
Spring
Cypress
45
45
10
610
610
59
59
90
90
90
TOLL
99
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 S146
T E X A S146
T E X A S336
T E X A S242
T E X A S249
FA R M
R OA D
2920
TOLLWAY
WESTPARKFA R M
R OA D
1463
6T E X A S
6T E X A S
Ai Hoa PlazaNEC OF BELLAIRE BLVD. & S KIRKWOOD RD. | HOUSTON, TX
• In the heart of Chinatown Houston - the intersection of Bellaire and Kirkwood is the epicenter of Asian commerce and cultural influence.
• Dense Asian population and high traffic volumes.
• Over 135,000 SF of retail fronting Bellaire Blvd.
• Two story building with office and retail.
• Recent extensive renovation of building facade, parking lot and walkways.
• Available: Pad site Now leasing new retail construction to be delivered 3Q 2020
2 MILES2 MILES
3 MILES3 MILES5 MILES5 MILES
Hong Kong City Mall
Saigon Houston Plaza
Lion Square
Thanh BinhSupermarket
AliefCommunity
Center
Tan BinhMarket
ALIEF ISD
Elsik High School:4,300 Students
Hastings High School:4,000 Students
BELLAIRE BLVD.
S. DA
IRY
ASH
FOR
D R
D.
S. KIR
KW
OO
D R
D.
S. GE
SSNE
R R
D.
WILC
RE
ST DR
.
BEECHNUT ST.
WESTPARK TOLLWAY
BE
LTWA
Y 8
TOLLWAY
WESTPARK
TOLLW
AY
SAM HOUSTON
SITEAi Hoa Plaza
AERIAL
AI HOA PLAZA | HOUSTON, TEXAS
03.20 | 07.19
DIRECT BELLAIRE CORP.UNIT NO:11812
24,062 SF
BANK OF AMERICAUNIT NO:11813
3,120 SFHAI CANG
117685,827 SF
DAKAO BISTRO,LLC11772
4,139 SF
PHO
GA D
AKAO
1177
8/ 2
,484
SF
E & A
LIQUO
R11
790/
1,6
56 S
F
LEARNING CENTER12,085 SF
SUPERMARKET11,583 SF
BILLIARD 11,938 SF
MAGIC CUP CAFE11724
2,615 SF
TAQUERIA CAZADORESUNIT NO:11828
2786 SF
PROPSED BUILDING2,536 SF
ELEVATOR
BE
LL
E P
AR
K D
RIV
E
B E L L A I R E B O U L E VA R D
SO
UT
H K
IRK
WO
OD
RO
AD
PHARMACY1,812 SF
E&A LIQUOR1,656 SF
PHO GA DAKAO2,484 SF
AMY HIEUHAIR SALON
1,656 SF
AVAILABLEPAD-B
5,000 SF
AVAILABLEPAD-C
2,283 SF
AVAILABLEPAD-A
2-STORY10,190 SF / FLOOR
DAKAO BISTRO, LLC
4,139 SF
AVAILABLE14,218 SF
AVAILABLE24,243 SF
AVAILABLE9,000 SF
HAI CANG5,827 SF
AVAILABLE4,779 SF
AVAILABLE6,154 SF
CHO TAN BIHNASIAN GROCER
25,933 SF
14
7LEAVES2,000 SF
SITE PLAN
AI HOA PLAZA | HOUSTON, TEXAS
IN NEGOTIATIONLEASEDAVAILABLE NOT A PART SP.A.01 | 08.20 | 02.20
PHOTOS
AI HOA PLAZA | HOUSTON, TEXAS
RENDERING: PAD B
AI HOA PLAZA | HOUSTON, TEXAS
AI HOA PLAZA | HOUSTON, TEXAS
DEMOGRAPHICS2010 Census, 2020 Estimates with Delivery Statistics as of 10/20
POPULATION 1 MILE 3 MILES 5 MILES
Current Households 8,633 44,479 108,837
Current Population 24,787 131,905 303,204
2010 Census Population 21,379 120,751 271,315
Population Growth 2010 to 2020 16.05% 9.96% 12.35%
2020 Median Age 34.4 32.9 35.2
INCOME 1 MILE 3 MILES 5 MILES
Average Household Income $85,090 $86,178 $121,300
Median Household Income $59,984 $61,698 $79,745
Per Capita Income $30,327 $29,970 $44,949
RACE AND ETHNICITY 1 MILE 3 MILES 5 MILES
White 56.34% 55.31% 57.59%
Black or African American 7.93% 9.20% 12.50%
Asian or Pacific Islander 5.38% 6.10% 7.72%
Hispanic 63.89% 62.98% 49.57%
CENSUS HOUSEHOLDS 1 MILE 3 MILES 5 MILES
1 Person Household 26.89% 24.30% 25.66%
2 Person Households 27.00% 26.23% 28.63%
3+ Person Households 46.11% 49.47% 45.71%
Owner-Occupied Housing Units 46.39% 43.95% 54.56%
Renter-Occupied Housing Units 53.61% 56.05% 45.44%
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 11.18.20 ct