GRAND MORTON TOWN CENTER - NewQuest Properties
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#1 VISITED SHOPPING
CENTER IN GROWING
RESIDENTIAL TRADE AREA
MAR ‘20 - MAR ‘21
- PLACER.AI ‘21
GRAND MORTON TOWN CENTER
Join High-Performance Retailers in 91+ Acre Regional Katy Development
NEC & SEC of Grand Morton Parkway & Morton Ranch Road | Katy, Texas
Rebecca Le | Josh Friedlander | 281.477.4300
Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
GRAND MORTON TOWN
GROWING
CENTER
SHOPPING CENTER
4% VISITOR INCREASE
OUTPACING PRE-COVID TRAFFIC 91+ ACRE DEVELOPMENT WITH MAJOR NATIONAL
(MARCH ‘19 VS MARCH ‘21) ANCHORS, RETAILERS, AND RESTAURANTS
- PLACER.AI, ‘21
NEIGHBORING GRANDWAY WEST, A 850,000-SF
CLASS “A” OFFICE COMPLEX
1/2 MILE FROM CLAY 99 BUILDING 5, A 1 MILLION–SF
INDUSTRIAL CAMPUS
HIGHLY ACCESSIBLE TO COMMUTERS TRAVELING ON
99 GRAND PARKWAY AND TO I-10 ENERGY CORRIDOR
THRIVING TENANT MIX: AVERAGE 5% VISITOR
GROWTH IN MARCH ‘21 VS MARCH ‘19 | PLACER.AI, ‘21
7-MIN DRIVE FROM UNIVERSITY OF HOUSTON AT KATY
WITH 10,000 STUDENTS
NEAR NEW KATY ISD ELEMENTARY, MIDDLE AND HIGH
SCHOOLS WITH 4,300 STUDENTS
STRONG DAYTIME POPULATION
UNDER-SERVED RETAIL IN CONVENIENT KATY
AREA LOCATION
AVAILABLE:
PAD SITES
SPACES FROM 1,215 SF - 7,557 SF
REBECCA LE JOSH FRIEDLANDER
281.477.4327 281.477.4381
rle@newquest.com jfriedlander@newquest.com
GRAND MORTON TOWN CENTER PROJECT HIGHLIGHTS
KATY, TEXAS
AMAZON
SORT CENTER
AY
W
RK
PA
l
Tr
E lrod R d
e r
or D
D
97%
ke
$114K
AN
am Pe
La
MORE THAN
c ek
Sy Rd rl
GR
ll a
Ta Pe
GRAND MORTON
444,750
Morton Ranch Rd
TOWN CENTER NEC
Morton Rd
POPULATION AVERAGE CURRENT
HOUSEHOLD
105
GROWTH POPULATION
INCOME
TEXAS
Plantersville
N MASON RD
Williamschase Dr
GRAND MORTON
WITHIN 3 MILES WITHIN 7 MILES
149 105
TOWN CENTER SECConroe
TEXAS
TEXAS
SINCE 2010 WITHIN 7 MILES
336
Todd Mission
TEXAS
First Park Dr Guston Hall Ln
249
Townhall Ln
Magnolia
Elrod Rd
Ln
FA R M 45
THE CRAWFORD TOLL
ay
1774 242
AT GRAND MORTON TEXAS
H
R OA D
The Woodlands
ny
ho
99 2010 Census, 2020 Estimates with
nt
99
A
TOLL Delivery Statistics as of 12/20
249
Tomball
TOLL
TEXAS
146
Kingwood
FA R M TEXAS
2920
R OA D
59
Spring
290 FA R M Humble Atascocita
1960
R OA D
EXPLOSIVE RESIDENTIAL GROWTH
90
Cypress HCTRA
B E LT W AY
8
TOLLWAY
Sheldon 146
TEXAS
B E LT W AY
8
45
99
TOLL
HCTRA
TOLLWAY
10
213,051 TOTAL HOMES & 73% OCCUPANCY | TRADE AREA
Katy Houston Channelview
47% HOUSING GROWTH | 2010-2020
10
Baytown
FA R M
1463
610 99
Fulshear
47,766 FUTURE HOMES & 22% FORECAST GROWTH | 2021
R OA D WESTPARK
TOLL
FA R M 225
TEXAS
TOLLWAY
1093
Pasadena La Porte
R OA D
Richmond
HCTRA
3,152 HOMES UNDER CONSTRUCTION | Q4 2020
T B E
F O R UNT N D
CO Y
2,231 HOUSES STARTED & 1,731 HOUSES CLOSED | Q4 2020
TOLLWAY
45
TOLL ROAD
59
AUTHORITY
90 Pearland
Source: MetroStudy Estimates as of Q4 2020
Dickinson
6
TEXAS
288
TEXAS
Texas City
Galveston
REBECCA LE JOSH FRIEDLANDER
281.477.4327 281.477.4381
rle@newquest.com jfriedlander@newquest.com
AERIAL
DEVELOPMENTS
TOTAL # OF HOMES 198,494
TOTAL OCCUPIED HOMES 141,463
TOTAL VACANT 7,018
DELIVERED LOTS
HOMES UNDER 2,619
CONSTRUCTION
PROPOSED HOMES 47,397
- METROSTUDY, 3Q20
PROPOSED ACTIVE FULLY BUILT
DEVELOPMENTS DEVELOPMENTS DEVELOPMENTS 04.21 | 11.20
GRAND MORTON TOWN CENTER | KATY, TEXAS
AERIAL
KATY FREEWAY 279,260 VPD
10
ACADEMY SPORTS Katy Grand I & II
Warehouse
MEMORIAL HERMANN
1,000 Employees
FRANZ ROAD GRANDWAY WEST
CLASS A OFFICE COMPLEX
99
TOLL
850,000 SF
Lakes at Mason Park Williamsburg
COMING SOON
476 Homes 974 Homes
SABIC HQ
PROPOSED ±1,000 Employees
Grand Morton Town Center SEC
Pad Sites The Crawford at
Available Grand Morton
336 Units
1,500-SF Inline
2nd-Gen Restaurant Pad Sites
Available Available
COMING SOON
BUSINESS PARK
Off Ramp 26 Acres
PROPOSED
PROPOSED
D
VP
6
,85
53 MORTON RANCH ROAD 13,925 VPD
AY
KW
R
PA
D
AN Morton Creek Ranch
GR 1,200 Homes
Waterstone Grand Morton Town Center NEC
805 Homes On Ramp
COMING SOON
1M-SF INDUSTRIAL CAMPUS
400 Unit Multi-Family
PEE
K RO
AD
04.21 | 04.21
GRAND MORTON TOWN CENTER | KATY, TEXAS
SITE PLAN: SEC
KEY BUSINESS LEASE AREAS KEY BUSINESS LEASE AREAS KEY BUSINESS LEASE AREAS
1 Proposed Dutch Bros. Coffee 863 SF 10 GNC 1,225 SF 32 Subway 1,400 SF
2 Express Oil Change 4,725 SF 11 Marble Slab 1,413 SF 33 Pediatric Dentist 2,800 SF
3 AutoZone 7,382 SF 12 Smoothie King 1,443 SF 34 Supercuts 1,400 SF
4 Quick Quack Car Wash 3,956 SF 13 Verizon 2,543 SF 35 T-Mobile 1,750 SF
5 Jack In The Box 2,644 SF 14 Deluxe Nails 3,517 SF 36 Ideal Dental 2,450 SF
6 Comet Cleaners 1,585 SF 15 SportClips 1,403 SF 37 Kroger 123,531 SF
7 Goodwill 1,710 SF 16 Postal Plus 1,403 SF 38 Proposed LA Fitness 34,095 SF
8 Available For Lease 3,075 SF 17 Wingstop 1,786 SF 39 Future Lease 20,300 SF
9 T-Mobile 3,014 SF 18 Available For Lease 1,215 SF 40 Available Pad 38,878 SF
19 Kumon 1,286 SF 41 MedExpress 4,877 SF
20 Anayah’s Salon 1,123 SF 42 Whataburger 3,578 SF
IVE 21 Cornerstone Orthodontics 1,680 SF 43 Chase 3,558 SF
DR 22 Proposed Victor’s Mexican Grille 4,589 SF 44 Chic-fil-A 4,985 SF
T TE
A ME 23 Whiskey Charlie’s 2,500 SF 45 Proposed Chipotle 2,450 SF
LL
WI 1
24 Available For Lease 1,500 SF 46 Proposed MOD Pizza 2,800 SF
25 Proposed Famous Footwear 6,057 SF 47 Available Pad 54,336 SF
TRA
26 Hallmark 4,500 SF 48 Available Pad 54,366 SF
CT 2
27 Petco 12,500 SF 49 Bank of America 4,191 SF
5
TRA
2
28 Michaels 21,760 SF 50 Available Pad 48,518 SF
CT
29 HomeGoods 22,000 SF 51 Available Pad 52,852 SF
24
3
30 T. Jin China Diner 2,100 SF 52 Kelsey-Seybold Clinic 36,290 SF
31 Today’s Vision 2,100 SF
TRA
CT
23 TRA
4
CT
22
DETENTION
TRA
CT
5
MO
4
37
RT
FUTURE
EXPANSION
TRA
6
ON
7
CT
21
TR AC T
LEASE LEASE
8 3,075 SF 1,215 SF
19
TR AC T
5
23 24 25 26 27 28 29 30 31 32 33 34 35 36
RA
22
21 38
9 18 19 20
TRA
16
17
FUTURE
NC
10 15
14 LEASE
11 13 LEASE TRACT 2 KROGER TRACT 39
20,300
SF
CT
1,500 SF
12
H R
6
OA
TRACT 3
D
TRA
40
41 FUTURE
LEASE
CT
6,000 SF
7
42 TR A C
T 10 A 52
FUTURE
LEASE
FUTURE 4,813 SF
TRA 43 LEASE
CT 8 3,708 SF
45 46 47
44
TRAC FUTURE
48 51
T9 LEASE FUTURE 49 50
16
TR AC T
6,800 SF LEASE
6,800 SF
TR AC T FUEL STATION
15
10 B TR AC T
TR AC T 11
TRA CT 12 TRA CT 13 TR AC T 14
GRAN
D PA R K
W AY ( S H 9 9
)
AVAILABLE LEASED IN NEGOTIATION NOT A PART
04.21 | 10.20
GRAND MORTON TOWN CENTER | KATY, TEXAS
SITE PLAN: NEC
KEY BUSINESS LEASE AREAS
1 McDonald’s 5,135 SF
2 Walmart 186,902 SF
3 Pacific Dental 5,693 SF
4 The Joint Chiropractic 1,089 SF
5 Available For Lease 2,733 SF
6 Mathnasium 1,190 SF GRAND MORTON
7 Nightlight Pediatric Urgent Care 2,764 SF TOWN CENTER
8 UPS 1,400 SF DISTANCE TRAVELED CUSTOMER %
9 Cricket 1,050 SF UNDER 0.5 MILES 5.27%
10 Available For Lease 2,834 SF UNDER 1 MILE 17.79%
11 Tender Touch Nails 2,450 SF UNDER 2 MILES 39.21%
12 Great Clips 1,053 SF UNDER 3 MILES 52.73%
13 9 Round Kickboxing 1,107 SF UNDER 5 MILES 70.90%
- PLACER.AI ‘21
14 Grand Morton Animal Hospital 1,750 SF 2
15 Little Caesars 1,803 SF
)
16 Regions Bank 2,700 SF
99
17 Taco Bell 2,158 SF
H
(S
AY
TR
AC
W
T
A
RK
LEASE LEASE
2,733 SF 2,834 SF
PA
3 4 5 6 7 8 9 10 11 12 13 14 15
D
AN
DEVELOPER TRACT
GR
OUTPARCEL 2 OUTPARCEL 3
16 17
1
L1
RCE
WALMART
FUEL STATION
TPA
OU
MORTON RANCH ROAD
AVAILABLE LEASED IN NEGOTIATION NOT A PART
04.21 | 02.20
GRAND MORTON TOWN CENTER | KATY, TEXAS
PHOTOS
27% VISITOR GROWTH 17% VISITOR GROWTH
‘19 GRAND OPENING VS MARCH ‘21 ‘19 GRAND OPENING VS MARCH ‘21
– PLACER.AI, ‘21 – PLACER.AI, ‘21
LOYAL CUSTOMER BASE
50% VISITED 30X LAST 12 MO
- PLACER.AI ‘21
GRAND MORTON TOWN CENTER | KATY, TEXASDEMOGRAPHICS
2010 Census, 2020 Estimates with Delivery Statistics as of 12/20
POPULATION 3 MILES 5 MILES 7 MILES TRADE AREA
Current Households 35,680 89,650 141,464 76,359
Current Population 112,026 279,544 448,780 244,489
2010 Census Population 56,887 182,033 298,396 152,880
Population Growth 2010 to 2020 97.71% 53.82% 50.61% 60.19%
2020 Median Age 33.8 33.7 33.6 32.7
INCOME 3 MILES 5 MILES 7 MILES TRADE AREA
Average Household Income $90,501 $99,352 $114,023 $92,775
Median Household Income $83,973 $89,408 $98,664 $83,389
Per Capita Income $29,798 $33,027 $37,051 $29,843
RACE AND ETHNICITY 3 MILES 5 MILES 7 MILES TRADE AREA
White 65.48% 64.00% 62.13% 61.74%
Black or African American 13.13% 13.33% 13.49% 14.93%
Asian or Pacific Islander 5.14% 7.28% 9.65% 6.07%
Other Races 15.64% 14.76% 14.13% 16.64%
Hispanic 36.92% 36.32% 35.03% 39.86%
CENSUS HOUSEHOLDS 3 MILES 5 MILES 7 MILES TRADE AREA
1 Person Household 15.70% 15.53% 14.54% 15.14%
2 Person Households 26.18% 26.97% 25.99% 25.27%
3+ Person Households 58.13% 57.50% 59.47% 59.58%
REBECCA LE JOSH FRIEDLANDER Owner-Occupied Housing Units 76.48% 75.79% 77.49% 75.33%
281.477.4327 281.477.4381 Renter-Occupied Housing Units 23.52% 24.21% 22.51% 24.67%
rle@newquest.com jfriedlander@newquest.com
GRAND MORTON TOWN CENTER | KATY, TEXASInformation About Brokerage Services
Texas 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: will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an
• A BROKER is responsible for all brokerage activities, including acts performed by sales agents intermediary. A broker who acts as an intermediary:
sponsored by the broker. • Must treat all parties to the transaction impartially and fairly;
• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. • 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
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker the instructions of each party to the transaction.
represents): • Must not, unless specifically authorized in writing to do so by the party, disclose:
• Put the interests of the client above all others, including the broker’s own interests; • that the owner will accept a price less than the written asking price;
• Inform the client of any material information about the property or transaction received by the • that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
broker; • any confidential information or any other information that a party specifically instructs the broker
• Answer the client’s questions and present any offer to or counter-offer from the client; and in writing not to disclose, unless required to do so by law.
• Treat all parties to a real estate transaction honestly and fairly.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: 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.
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. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND
An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any CLEARLY ESTABLISH:
material information about the pro erty or transaction known by the agent, including information disclosed • The broker’s duties and responsibilities to you, and your obligations under the representation agreement.
to the agent or subagent by the buyer or buyer’s agent. • Who will pay the broker for services provided to you, when payment will be made and how the payment
will be calculated.
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 LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes.
minimum duties above and must inform the buyer of any material information about the property or It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this
transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. notice below and retain a copy for your records.
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
Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300
Licensed Broker/Broker Firm Name or License No. Email Phone
Primary Assumed Business Name
H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300
Designated Broker of Firm License No. Email Phone
H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300
Licensed Supervisor of Sales Agent/Associate License No. Email Phone
Sales Agent/Associate’s Name License No. Email Phone
Buyer/Tenant/Seller/Landlord Initials Date
Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov
8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
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. MS1775.DK.04.21.21You can also read
