ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties

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ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
ANCHORED BY THE #2
 MOST-VISITED BEST
BY IN TEXAS AND #21
   IN THE NATION
        - PLACER.AI, ‘21

                                                 100% LEASED

                           ISLAND GATE PLAZA
                                     100% Leased Dynamic Center

                           4717 S. Padre Island Drive | Corpus Christi, Texas

                             Bob Conwell | David Meyers | 281.477.4300
    Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
ISLAND GATE PLAZA                                                                                                                                                                                                                                                                                               PROJECT HIGHLIGHTS
CORPUS CHRISTI, TEXAS
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                                                                                                       Nueces Bay                            181
                                                                                                                                                                                                                                                                                          92,653 TOTAL CURRENT HOUSEHOLDS
           69E                                                           37                                                                                                                                                                                                                15.7% HOUSING GROWTH 2010 - 2021
                                                                                                                                                          Corpus Christi Bay
                                                     44
                                                                                                                                                                                                                                                                                                       Source: Regis Estimates as of 2Q 2021
                                                     TEXAS

                                                     Corpus Christi

                                                                                                                                                                           358
                                                                                                                                                                                                                                                                   MAJOR
                                                                                                                                                                                                                                                                   TENANTS
                                                                                                      286
                                                                                                                                                                            TEXAS

                                                                                                      TEXAS

BOB CONWELL                                                                                                                                       DAVID MEYERS
281.477.4324                                                                                                                                      281.477.4325
bconwell@newquest.com                                                                                                                             dmeyers@newquest.com
ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
PROJECT HIGHLIGHTS

LOCATED AT THE HIGH-           159,329-SF CENTER         UNDER 3 MILES FROM 1    10 MILES FROM THE
TRAFFIC INTERSECTION           ANCHORED BY MAJOR         OF 3 LOCAL CHRISTUS     NAVAL AIR STATION,
OF S. PADRE ISLAND DRIVE       NATIONAL TENANTS:         SPOHN HEALTH CENTERS,   CORPUS CHRISTI’S
AND EVERHART ROAD              BEST BUY, ROSS, BED       THE AREA’S LARGEST      SINGLE-LARGEST
(157K VPD), ONE OF THE         BATH & BEYOND,            MEDICAL EMPLOYER        EMPLOYER
MOST HEAVILY-VISITED           MICHAEL’S, BASKIN
RETAIL DESTINATIONS IN         ROBINS, AND CHICK-FIL-A
THE REGION

ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
AERIAL

                                              06.21 | 05.21

ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
AERIAL

        RANKED IN TOP 20
     LEAST-EXPENSIVE CITIES
   FOR COST OF DOING BUSINESS                                                        Stonegate Park

                                                                                                       Embassy House
                                                                                                        Apartments
                                                                                                          176 Units
                         D

                             CORONA DRIVE.
                       VP
                    48
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                                                          SITE
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                                                                        Nail Salon

                             358
                             TEXAS
                                     S. PADRE ISLAND DR   157,317 VPD

                                                                                                          11.21 | 02.21

ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
ISLAND GATE PLAZA - MOST-VISITED BEST BY IN TEXAS AND #21 IN THE NATION ANCHORED BY THE #2 - NewQuest Properties
AERIAL

                La Palmera Mall

                                                                                       EVERHART   34,848 VPD

                                                             358
                                                          TEXAS
                                                 S. PADRE ISLA
                                                                   Nail Salon
                                                                                SITE
                                               ND DR
                                            157,317 VPD

                                                                                                                 11.21 | 02.21

ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
SITE PLAN
KEY   BUSINESS                       LEASE AREAS
  1   Bed, Bath & Beyond             26,300 SF
  2   Shoe Carnival                  17,538 SF
  3   Ross Dress for Less            34,000 SF                          CORONA DR
  4   Best Buy                       47,616 SF
  5   Michael’s Arts & Crafts        24,800 SF
  6   America’s Best                 3,477 SF
  7   Pho Tastic Noodle & Deli       2,990 SF
  8   Nail Salon                     1,149 SF
  9   Baskin Robbins                 1,459 SF

                                                                            EXISTING RETAIL
                                                                                                             1   2   3   4       5
                                                          EVERHART RD

                                                                                              EXISTING
                                                                                               RETAIL                                   6

                                                                                                                                        7

                                                                                                                                        8

                                                                                                                                        9

                                                                        S O U T H PA D R E I S L A N D D R

      AVAILABLE        LEASED    IN NEGOTIATION    NOT A PART
                                                                                                                                     11.21 | 12.19

ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
DEMOGRAPHICS
2010 Census, 2021 Estimates with Delivery Statistics as of 07/21

                                                                           POPULATION                         1 MILE   3 MILES   5 MILES

                                                                           Current Households                  5,230    54,932    91,966

                                                                           Current Population                 13,755   140,946   243,467

                                                                           2010 Census Population             12,889   129,019   212,785

                                                                           Population Growth 2010 to 2021     8.04%      9.73%    15.87%

                                                                           2021 Median Age                      38.1      35.3      35.5

                                                                           INCOME                             1 MILE   3 MILES   5 MILES

                                                                           Average Household Income          $74,668   $76,891   $78,070

                                                                           Median Household Income           $61,906   $63,375   $65,187

                                                                           Per Capita Income                 $28,322   $30,507   $29,905

                                                                           RACE AND ETHNICITY                 1 MILE   3 MILES   5 MILES

                                                                           White                             78.03%     79.73%   79.40%

                                                                           Black or African American           3.74%    4.25%     4.52%

                                                                           Asian or Pacific Islander           1.73%     2.35%     2.73%

                                                                           Hispanic                           69.41%   65.82%    65.50%

                                                                           CENSUS HOUSEHOLDS                  1 MILE   3 MILES   5 MILES

                                                                           1 Person Household                 24.11%    27.06%    25.97%

                                                                           2 Person Households                32.18%    31.75%   30.84%

                                                                           3+ Person Households              43.70%     41.20%    43.19%

   BOB CONWELL                                      DAVID MEYERS           Owner-Occupied Housing Units      62.20%    55.48%    59.22%
   281.477.4324                                     281.477.4325
                                                                           Renter-Occupied Housing Units     37.80%    44.52%    40.78%
   bconwell@newquest.com                            dmeyers@newquest.com

   ISLAND GATE PLAZA | CORPUS CHRISTI, TEXAS
Information 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
                               Bob Conwell                                                    319701                       bconwell@newquest.com                        (281)477-4300

                               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.      ICSC1121_EY_11.01.21
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