up to ±396 acres - loopnet...up to ±396 acres fm 2351 and highway 3 along i-45 simmi jaggi senior...

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Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President [email protected] +1 713 888 4098 Elizabeth Clampitt Senior Vice President [email protected] +1 713 888 4075 Will Subdivide Webster, TX

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Page 1: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

Up to ±396 acres

FM 2351 and Highway 3Along I-45

Simmi JaggiSenior Vice President

[email protected]+1 713 888 4098

Elizabeth ClampittSenior Vice President

[email protected]+1 713 888 4075

Will Subdivide

Webster, TX

Page 2: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

Available ±396 total acres of land available; will divide

Location Available parcels are located in Webster, TX with frontage along I-45, FM 1959 (Dixie Farm Road), FM 2351 and Highway 3.

Property InformationThe available parcels are centered between FM 2351 and FM 1959 (Dixie Farm Road) along I-45 and HWY 3, just north of Baybrook Mall. Department stores include Dillard’s, JCPenney, Macy’s and Sears alongside popular retailers such as Apple, Anthropologie, Arhaus Furniture, Banana Republic, H&M, LUSH, Michael Kors, Sephora, Sur La Table and ZARA.

Shoppers enjoy vibrant dining and entertainment experiences at the Cheesecake Factory, Maggiano’s Little Italy, Perry’s Steakhouse & Grille and Yard House, as well as Dave & Busters and Star Cinema Grill. With the addition of the Power Center, which includes Dick’s Sporting Goods, Field & Stream and Golf Galaxy, it’s the preferred retail destination for the entire area.

PricingCall broker for pricing

Page 3: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

Estimated DemographicsPopulation Summary

433,747 | 7 Miles

73,636 | 3 Miles

232,955 | 5 Miles

2017 Average Daily Traffic Counts

Area Traffic Counts

FM 2351, west of Highway 3 32,063 Vehicles

FM 2351, east of Highway 3 25,000 Vehicles

I-45, south of FM 2351 147,400 Vehicles

I-45, north of FM 2351 187,000 Vehicles

Average Household Income

$90,810 | 7 Miles

$93,820 | 3 Miles

$95,511 | 5 Miles

Median Age35.4 | 3 Miles

35.4 | 5 Miles

34.3 | 7 Miles

BushIntercontinental

Airport

HobbyAirport

EllingtonField

GalvestonBay

Conroe

Cleveland

Willis

Lake Conroe

105

105

Pearland

BaytownKaty

Sugar Land

Kingwood

Tomball

Missouri City

League City

PasadenaLa Porte

The Woodlands

Houston

Webster, TexasWebster, Texas

Page 4: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior
Page 5: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior
Page 6: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

Located midway between downtown Houston and Galveston, Webster is the nucleus of Bay Area Houston. Located in Webster’s backyard—NASA-Johnson Space Center (JSC) is just four miles east of Interstate 45 on NASA Parkway. As JSC employs over 13,500 civil servants and contractors, this significant aerospace industry is important to the region and complements thriving industry sectors in Webster’s super-regional market, like healthcare, biotechnology, higher education, specialty chemical, energy, environmental science, retail, entertainment, and tourism.

Webster’s position as the “Medical Center of the South” has been fueled by impressive, new, state of the art facilities, powered by more than 2,200 physicians who perform comprehensive procedures for a service area population that has exploded. Webster’s medical center accommodates more than 1,800,000 patients annually, and that number is projected to continually escalate.

Webster, Texas

Clear Lake Regional Medical Center

Texas Avenue Park

Page 7: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

Webster, Texas Houston Population & Job GrowthWith one of the strongest economies in the nation, Houston is one of the nation’s fastest growing metropolitan areas, expected to replace Chicago as the third-largest MSA in America by 2020. The undeniable impact of the energy sector, as well as elevated international trade through the Port of Houston and a favorable business climate, has led to consistent in-migration and economic expansion despite the headwinds experienced during the Great Recession and recent energy downturn.

The Houston Metro Area added 6,700 jobs in May, 2017 which nearly equals the area’s 20 year average of 6,800 jobs per month. According to the Texas Workforce Commission (TWC), the 10-county Houston-Sugar Land-Baytown MSA surpassed its pre-recession employment peak in the fall of 2011, the first of the nation’s 20 most populous metros to reach that milestone, recovering nearly 130 percent of jobs lost during the recession.

The Houston-Sugar Land-Baytown Metropolitan Statistical area added 45,300 jobs in a 12 month period in ending May of 2017. This figure marks considerable improvement over the previous 12 month period at the height of the energy downturn, in which the region added 4,000 jobs. The fact that Houston has consistently added jobs throughout the downturn is a testament to the strength and resiliency of the region.

Houston’s May 2017 unemployment rate stands at 5.1 percent down from 5.8 Percent in May 2013 and down nearly 300 basis points from its peak of 8.2% in 2009. Today, over 3 million people are employed in the Greater Houston MSA, an increase of nearly 500,000 jobs recorded during the depths of the Great Recession.

Baybrook Mall

Page 8: Up to ±396 acres - LoopNet...Up to ±396 acres FM 2351 and Highway 3 Along I-45 Simmi Jaggi Senior Vice President simmi.jaggi@am.jll.com +1 713 888 4098 Elizabeth Clampitt Senior

JLL Houston1400 Post Oak Boulevard

Houston, Texas 77056

Simmi JaggiSenior Vice President

[email protected]+1 713 888 4098

Elizabeth ClampittSenior Vice President

[email protected]+1 713 888 4075