CBD The Heights Memorial Park -...
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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