CBD The Heights Memorial Park -...

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Redevelopment/Investment Opportunity Todd Mason, SIOR, CRE | Principal 713.993.7179 [email protected] Jeff Lindenberger , SIOR | Principal 713.993.7176 jeff[email protected] 4435 WEST 12TH STREET HOUSTON, TEXAS CBD The Heights Memorial Park Hempstead Hwy Old Katy Road Washington Ave North Post Oak Road Somerset Green Hanover Viridian Apartments Post Oak Green (Single Family) W. 12th Street Post Oak Villas (Townhomes) $650,000 + 4435 W 12th St ± 7.59 AC Partnership. Performance.

Transcript of CBD The Heights Memorial Park -...

Redevelopment/Investment Opportunity

Todd Mason, SIOR, CRE | Principal 713.993.7179 [email protected]

Jeff Lindenberger, SIOR | Principal 713.993.7176 [email protected]

4435WEST 12TH STREETHOUSTON, TEXAS

CBD

The HeightsMemorial Park

Hempstead Hwy Old Katy Road

Washington Ave

North Post Oak Road

Somerset Green

Hanover Viridian Apartments

Post Oak Green(Single Family)

W. 12th StreetPost Oak Villas(Townhomes)

$650,000 +

4435 W 12th St± 7.59 AC

Partnership. Performance.

West Facing Aerial

POPULATION1 miles 6,3393 miles 113,7035 miles 399,372

AVERAGE HH INCOME1 miles $98,5283 miles $106,8385 miles $97436

TRAFFIC COUNTS*Post Oak at Awty School Road 15,329 cpdW. 12th at W. Loop Pkwy 2,120 cpdW. Loop Pkwy at W 12th 282,970 cpdPost Oak at Westview Dr 9,388 cpd

DEMOGRAPHICS 2015 ESTIMATES

4435 West 12th Street

North Post Oak Road W 12th Street

North Post Oak Lofts

Post Oak Green(Single Family)

Ravenna(Single Family)

Prologis

Post Oak Villas(Townhomes)

$650,000 +

Spring Branch

Energy CorridorMemorial CityWestchase

Tanglewood

Memorial Villages

Awty International SchoolMarq*E Center

Property Highlights

Property Summary

Location 4435 West 12th Street, Houston, TX 77055

Submarket Northwest | Inner Loop

Acreage ±7.59 Acres

Building Size (2) ±91,974 SF

Clear Height 22’ -34’ Wall Height

Listing Price Make an Offer

THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES BELIEVED RELIABLE; HOWEVER, AVISON YOUNG MAKES NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO THE COMPLETENESS OR ACCURACY THEREOF. THE PRESENTATION OF THIS PROPERTY IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, OR CONDITIONS, PRIOR TO SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE.

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North Facing Aerial

1300 North Post Oak Apartments

Hempstead Hwy

Brookhollow

North Post Oak

Lofts Nor

th P

ost O

ak R

oad

Post Oak Villas(Townhomes)

$650,000 +

Northwest Mall

Houston ISD Athletic Campus

South Facing Aerial

THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES BELIEVED RELIABLE; HOWEVER, AVISON YOUNG MAKES NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO THE COMPLETENESS OR ACCURACY THEREOF. THE PRESENTATION OF THIS PROPERTY IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, OR CONDITIONS, PRIOR TO SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE.

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North Post Oak Road

W 12th Street

Post Oak Green(Single Family)

Post Oak Villas(Townhomes)

$650,000 +

North Post Oak Lofts

Old Katy Road

Greenway Plaza Galleria Area

Memorial Park

W 12th Street

THE INFORMATION CONTAINED HEREIN WAS OBTAINED FROM SOURCES BELIEVED RELIABLE; HOWEVER, AVISON YOUNG MAKES NO GUARANTEES, WARRANTIES OR REPRESENTATIONS AS TO THE COMPLETENESS OR ACCURACY THEREOF. THE PRESENTATION OF THIS PROPERTY IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, OR CONDITIONS, PRIOR TO SALE OR LEASE, OR WITHDRAWAL WITHOUT NOTICE.

Location Overview

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S u j e c t P r o p e r t y i s l o c a t e d l e s s t h a n a m i l e t o t h e s o u t h o f t h e i n t e r s e c t i o n o f U S 2 9 0 a n d L o o p 6 1 0 - t h e t e r m i n u s o f t h e U S 2 9 0 C o r r i d o r , w h i c h i s a 3 8 m i l e l o n g s t r e t c h o f h i g h w a y e x t e n d i n g f r o m t h e i n t e r c h a n g e a r e a o f I n t e r s t a t e 1 0 / L o o p 6 1 0 / U S 2 9 0 n o r t h w e s t t o F M 2 9 2 0 .

I n 2 0 1 1 , t h e U S 2 9 0 C o r r i d o r b e g a n a $ 4 . 7 b i l l i o n e x p a n s i o n a n d i m p r o v e m e n t p r o j e c t , w h i c h w i l l f u r t h e r e n h a n c e t h e P r o p e r t y ’s a c c e s s a n d a l l e v i a t e t r a f f i c c o n g e s t i o n t h r o u g h a w i d e n i n g o f U S 2 9 0 a n d t h e a d d i t i o n o f f e e d e r l a n e s , t h e i n s t a l l a t i o n o f t h e H e m p s t e a d To l l -w a y p a r a l l e l t o U S 2 9 0 , a n d t h e r e c o n s t r u c t i o n o f t h e U S 2 9 0 / I - 1 0 / I - 6 1 0 i n t e r c h a n g e .

T h e c o n s t r u c t i o n i s s l a t e d t o b e c o m p l e t e b y t h e e n d o f 2 0 1 7 , w i t h s o m e p o r t i o n s o p e n i n g b e f o r e 2 0 1 7 . A s o f J a n u a r y 2 0 1 6 t h e 2 9 0 / 6 1 0 i n t e r c h a n g e w a s o v e r 8 0 % c o m p l e t e , a c c o r d i n g t o t h e Te x a s D e p a r t m e n t o f T r a n s p o r t a t i o n .

U S 2 9 0 & L o o p 6 1 0 I n t e r c h a n g e E x p a n s i o n

± 7.59 ACRES

W. 12th Street

North Post Oak Road

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