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Pine Market Town Center 900 New Day Ave
1,200 - 60,857 SF of Space Available in Montgomery, TX 77316
Highlights
- EAT|SHOP|LIVE – Pine Market Town Center is a suburban lifestyle center featuring over 30 one-of-a-kind tenants with luxury loft apartments.
- COMMUNITY CENTER – Encapsulated by the Woodforest master-planned community, a 27-hole golf course, and resort-style amenities.
- CREATIVE DEALS - We recognize the challenges of the current market and high NNN cost, but we are here to help. We are offering a 50% rent reduction.
- URBAN EXPERIENCE – The next stage will bring a lush park to the center for live events and foster bustling walkways to enhance consumer involvement.
- MOTIVATED MARKET – Despite high growth and affluence, the closest boutique center is Market Street in The Woodlands, which is 30 minutes away.
Space Availability (8)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200-8,944 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $11,180 /MO $134,160 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,200-5,390 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $6,738 /MO $80,850 /YR | Triple Net (NNN) | ||
| 1st Floor | 1,200-6,988 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $8,735 /MO $104,820 /YR | Triple Net (NNN) | ||
| 1st Floor | 2,052 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $2,565 /MO $30,780 /YR | Triple Net (NNN) | ||
| 1st Floor | 21,505 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $26,881 /MO $322,575 /YR | Triple Net (NNN) | ||
| 1st Floor | 3,400 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $4,250 /MO $51,000 /YR | Triple Net (NNN) | ||
| 1st Floor | 3,167 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $3,959 /MO $47,505 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste Office | 9,411 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $11,764 /MO $141,165 /YR | Triple Net (NNN) |
900 New Day Ave - 1st Floor
Building 1: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a crafts store, Italian ice shop, a leasing office, and a mortgage company. It is catty corner on opposite sides to the fire station and public park, with other apartment and retail buildings surrounding it.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 14,334 SF of adjacent space
- Central Air and Heating
- TI Negotiable
900 New Day Ave - 1st Floor
Building 1: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a crafts store, Italian ice shop, a leasing office, and a mortgage company. It is catty corner on opposite sides to the fire station and public park, with other apartment and retail buildings surrounding it.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 14,334 SF of adjacent space
- Central Air and Heating
- TI Negotiable
870 New Day Ave - 1st Floor
Building 2: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a home builder, salon suites, and a bespoke boutique. Similar buildings with apartments on the second floor and retail on the bottom surround it to the South and East with a public park and three retail buildings to the North and West.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,040 SF of adjacent space
- Central Air and Heating
- TI Negotiable
- Space opens to a park
870 New Day Ave - 1st Floor
Building 2: Street-level retail, service, light office, and restaurant opportunities underneath upscale apartments. Current tenants include a home builder, salon suites, and a bespoke boutique. Similar buildings with apartments on the second floor and retail on the bottom surround it to the South and East with a public park and three retail buildings to the North and West.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 9,040 SF of adjacent space
- Central Air and Heating
- TI Negotiable
873 New Day Ave - 1st Floor
2 Story Retail w/ Apartments. First floor all available.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air and Heating
- Shell Condition First Floor Available
- TI Negotiable
759 Pine Market Ave - 1st Floor
Building 8: Retail building steps away from the public park and the newly built apartment buildings. It sits across Pine Market Avenue from Phase 1 and 2, placing it next to nearly 30 established tenants, including Pine Market Town Center’s primary anchors.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air and Heating
- TI Negotiable
- End Cap in Shell Condition
923 Pine Market Ave - 1st Floor
Building 5: Two-story building with office space on the second floor and street-level retail. It sits across Pine Market Avenue from Phase I and II, placing it next to nearly 30 established tenants, including Pine Market Town Center’s primary anchors.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Shell Condition End Cap Space
923 Pine Market Ave - 2nd Floor - Ste Office
Building 5: Two-story building with office space on the second floor and street-level retail. It sits across Pine Market Avenue from Phase I and II, placing it next to nearly 30 established tenants, including Pine Market Town Center’s primary anchors.
- Lease rate does not include utilities, property expenses or building services
- TI Negotiable
- Office Space Divisibile
- Retail on Bottom of Building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
TENANTS AT Pine Market Town Center
- Tenant
- Description
- SIZE
- MOVE DATE
- US Locations
- Reach
- Premier Martial Arts
- Fitness
- -
- -
- 310
- National
Premier Martial Arts studios across the United States empower lives through Martial Arts. Their programs for adults and children teach Martial Arts principles that build strength, character, discipline, and focus. Their students become confident and self-reliant leaders in their communities. They're there to help all students find their best selves!
- Wasabi Bistro
- Restaurant
- -
- -
- 1
- Local
Local Asian bistro and sushi bar located in Montgomery, Texas.
- Beerforest
- Accommodation and Food Services
- -
- -
- -
- -
- Clean Juice
- Accommodation and Food Services
- -
- -
- -
- -
- Harvest Market
- Retailer
- -
- -
- -
- -
| Tenant | Description | SIZE | MOVE DATE | US Locations | Reach |
| Premier Martial Arts | Fitness | - | - | 310 | National |
| Wasabi Bistro | Restaurant | - | - | 1 | Local |
| Beerforest | Accommodation and Food Services | - | - | - | - |
| Clean Juice | Accommodation and Food Services | - | - | - | - |
| Harvest Market | Retailer | - | - | - | - |
PROPERTY FACTS FOR 900 New Day Ave , Montgomery, TX 77316
| Total Space Available | 60,857 SF | Center Properties | 10 |
| Min. Divisible | 1,200 SF | Frontage | 1,000’ on Pine Market |
| Max. Contiguous | 14,334 SF | Gross Leasable Area | 176,044 SF |
| Center Type | Lifestyle Center | Total Land Area | 455.67 AC |
| Parking | 51 Spaces | Year Built | 2023 |
| Stores | 30 |
| Total Space Available | 60,857 SF |
| Min. Divisible | 1,200 SF |
| Max. Contiguous | 14,334 SF |
| Center Type | Lifestyle Center |
| Parking | 51 Spaces |
| Stores | 30 |
| Center Properties | 10 |
| Frontage | 1,000’ on Pine Market |
| Gross Leasable Area | 176,044 SF |
| Total Land Area | 455.67 AC |
| Year Built | 2023 |
About the Property
PINE MARKET TOWN CENTER An ambitious, multi-phase mixed-use project that will bring over 250,000 square feet of retail, office, and multifamily space. Pine Market Town Center presents the opportunity to join dozens of top-performing, synergetic tenants, including Anytime Fitness, Harvest Market Grocery, Beerforest, Adventure Kids Playcare, Clean Juice, Woodforest Fine Dentistry, and many more. There are currently eight planned phases of Pine Market Town Center, with more on the horizon. Phase 1 began the project with two chic storefront buildings before Phase 2 brought the Harvest Market Grocery anchor and over a dozen more tenants to cement Pine Market Town Center as a Montgomery staple. PHASE 3 & 4 Phase 3 has been fully completed, with some tenants already operating, and Phase 4 is almost complete, adding seven more buildings combined. Buildings 1, 2, and 10 feature luxury apartments on the second floor, with the ground floor reserved for retail. Building 5 has retail on the bottom floor and office space above it, with the remaining building reserved for retail use. This dual-level approach to many of the buildings activates the streetscape while maintaining a consistently livened atmosphere by the day-to-day residents and employees. REALTY 1 PARTNERSHIP Realty 1 Partners owns and has been overseeing Pine Market Town Center since its inception. The team has already helped dozens of tenants get started here, and they have a vested interest in making this the region's premier lifestyle center since they are local residents. Realty 1 Partners is offering exclusive deals to new tenants to start their lease at $25 per square foot, increasing to $33 by the end of the first 18 months on a minimum 7-year term. This allows tenants to adjust to the center at $8 below market rent and be in full swing when the full rate is imposed. WOODFOREST WAYPOINT Surrounding the center is Woodforest, Montgomery’s top-selling master-planned community, and its 27-hole championship golf course, Woodforest Golf Club. The community is planned for 5,500 new homes and features resort-style amenities, an active adult community, a worship center, and a sportsplex. Homes start upwards of $300,000, generating an estimated $800 million tax base. The best part is that Pine Forest is the area's central retail outlet. EMERGING MARKET As Houston’s northward migration pushes past Spring and The Woodlands, what was once a rolling, rural landscape is now dotted with million-dollar homes and chic shopping centers. Pine Forest is in a particularly concentrated development node as it balances suburban seclusion with community connectivity. Within just 2 miles of Pine Forest, median home values are nearing $500,000, with an average household income of $173,583. The number of households is projected to jump 25% and raise annual consumer spending by $65 million over the next five years.
- Air Conditioning
- Balcony
- Courtyard
- Restaurant
- Signage
- Signalized Intersection
Marketing Brochure
DEMOGRAPHICS
Demographics
About Montgomery County
Located more than 40 miles north of downtown Houston, Montgomery County is an affordable suburban locale. Median household incomes here are approximately 20% higher than Houston’s median, impacting the overall potential purchasing power among area residents. It is one of the fastest-growing areas in the country and benefits from the economic health of the Greater Houston area and its location in the path of the growth north of The Woodlands.
Much of Montgomery County's retail is nestled along the major thoroughfares that cross the county, including Interstate 45, Interstate 69, Texas State Highway 105, and Farm to Market Road 1774. The largest tenants here are typical of new suburban development. They include Costco Wholesale, Sam's Club, Kroger, and H-E-B.
While retail asking rents are higher than the Houston average, it’s attributable to the fact that most of the retail developments here are mostly brand new. Vacancies are low, a testament to the desirability of the area, and are likely to remain low in the foreseeable future. Over the past decade, Montgomery County's population has expanded by more than 40%. Also, recent corporate expansions by ExxonMobil, HPE, HP Inc., and ABS in The Woodlands and Springwoods Village should boost demand for housing and retail.
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Wasabi Bistro | - | - | 9 min walk |
| Domino’s | - | - | 10 min walk |
Retail |
||
|---|---|---|
| Ups Store | Business/Copy/Postal Services | 7 min walk |
| CVS Pharmacy | Drug Store | 8 min walk |
| 7-Eleven | Convenience Market | 8 min walk |
| Kiddie Academy | Daycare | 15 min walk |
About the Owner
-
Daryl Dally -
Ethan Crist -
Realty 1 Partners
Presented by
Pine Market Town Center | 900 New Day Ave
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