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±16,701 SF at SEC D'amico ST & ROSINE ST DOWNTOWN HOUSTON MONTROSE ALLEN PKWY W DALLAS ST WAUGH DR ±16,701 SF DAMICO ST ROSINE ST ±16,701 SF at SEC D’AMICO ST & ROSINE ST Houston, Texas OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Associate 777 Post Oak Blvd [email protected] [email protected] Houston, TX 77056 T 713-459-8123 T 918-629-5592 www.dmreland.com Exclusive Representation Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the David Marshall Dillon Mills disposition of ±16,701 SF at the southeast corner Principal Associate of Damico Street and Rosine Street in Houston, TX (Property). All inquiries about the Property should be [email protected] [email protected] directed to DMRE. T 713-206-1574 T 713-254-3824 Due Diligence Information To access the due diligence information please visit the Property website at: www.dmreland.com Tom Dosch Tripp Rich Principal Analyst Offer Requirements [email protected] [email protected] T 713-557-4455 T 936-635-6968 Offers should be presented in the form of a non-bind- ing Letter of Intent, and should include: • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit Clark Dalton Jane Matsell • Description of Debt/Equity Structure Associate Graphic Designer • Qualifications to Close [email protected] • Development Plans T 832-449-2223 Purchase terms shall require cash to be paid at clos- ing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email. ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 2 Property Information Prime River Oaks Location Property Details The Property is ideally located just south of Allen Parkway in River Oaks, Houston’s most affluent ADDRESS 3115 Damico St, Houston, TX 77019 neighborhood. Not only is River Oaks a perfect place to live, but it’s a great place to shop: River Oaks 3117 Damico St, Houston, TX 77019 boasts a collection of high fashion boutiques and gourmet dining at River Oaks Shopping Center (0.7 miles from the Property). Everyday shopping and banking is also available at River Oaks Plaza, just LAT., LONG. 29.759097, -95.398796 down the street from the Property at the corner of West Gray St and Waugh Dr. Whole Foods, situated TOTAL SIZE 16,701 square feet just across Waugh Dr from the Property, features the Allegro Coffee Bar and the Bayou Bar serving wine and beer both on tap and in bottles, along with small plates. PARCEL NUMBER 0562010000013; 0562010000032 LEGAL TRS 13 14 & 15 BLK 1 NORTH ROSEMONT Walking distance to outdoor recreation and nightlife TRS 13A 14A & 15A BLK 1 NORTH ROSEMONT The Property Is situated within easy walking or biking distance of Houston’s best green spaces: Memo- FRONTAGE (APPROX.) 100ft on Damico; 160ft on Rosine St rial Park (the largest urban park in the United States) is two miles west, and Buffalo Bayou Park is just one block north. Situated half a block off Waugh Drive, the Property is conveniently located directly SCHOOL DISTRICT Houston Independent School District south and less than a mile from Washington Corridor, Houston’s most popular nightlife spot for young FLOODPLAIN None professionals. UTILITIES City Of Houston Fast access to Houston employers 2017 Tax Rates The Property’s proximity to Allen Parkway and W Dallas St provide quick access to Downtown Hous- 01 HOUSTON ISD 1.206700% ton’s employment and entertainment, only 1.5 miles east. The American General Center located at 2727 Allen Parkway, directly across Waugh Dr from the Property, hosts AIG and the global headquar- 40 HARRIS COUNTY 0.416560% ters of Baker Hughes in the America tower. 41 HARRIS CO FLOOD CNTRL 0.028290% 42 PORT OF HOUSTON AUTHY 0.013340% D’AMICO ST 43 HARRIS CO HOSP DIST 0.171790% 44 HARRIS CO EDUC DEPT 0.005200% 48 HOU COMMUNITY COLLEGE 0.100263% 61 CITY OF HOUSTON 0.586420% TOTAL 2.528563% 2017 Demographics 16701 S 0-0.5 mi 0-1 mile 0-3 miles ROSINE ST EST. POPULATION 6,234 28,105 187,759 WAUGH DR WAUGH 2017-2022 EST. POPULATION 2.66% 2.44% 2.03% GROWTH EST. AVERAGE HOUSEHOLD $140,310 $138,255 $128,748 INCOME EST. MEDIAN HOUSING VALUES $348,939 $381,462 $380,589 ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 3 ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 4 Museum Distrit mi eas Medial Center mi RG Park mi he Sovereign at Regent Suare West Dallas Whole Foods Montrose - Features the Allegro Coffee Bar and the Bayou Bar, serving wine and eer oth on tap and in ottles, along with small plates ROSINE ST 16701 S WAUGH DR D’AMICO ST ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 5 Washington Corridor (0.7 mi) One of Houston’s most popular nightlife spots, the Washington Corridor has experienced pro- found gentrification within the past few years. Neighborhood retail includes a 215,000-square- foot Wal-Mart-anchored retail center and a Target-anchored retail center. Trendy eateries and nightlife destinations include Benjy’s, Darkhorse Tavern, Ei8ht, El Rey Taqueria, Max’s Wine Dive, Nox, Kung Fu Saloon, Bubba’s Sportsbar & Grill, Laurenzo’s, Diem Lounge, Liberty Station, Sanc- tuary Lounge, The Counter, El Tiempo Cantina, Rebels Honky Tonk, Porch Swing Pub, Catalina Coffee, 360 Sports Lounge, Luke’s Ice House, Underdogs Pub, The Blue Fish, Coppa Ristorante Italiano, and Molina’s Cantina. Spotts Park he Royalton at River Oaks Buffalo Bayou Park ALLEN PKWY ohnny Steele Dog Park Houston Arts Alliane BIG Power Yoga Vue ight Clu Stages Repertory heatre Days Spa Guava amp Glo Sun Spa Bamoo House Chic Lash Boutique Bayou iuor D’AMICO ST 16701 S WAUGH DR ROSINE ST Buffalo Bayou Park Johnny Steele Dog Park • 160-acre park stretching along Buffalo Bayou • Large and small dog ponds and shade structures • Visitors can rent paddle crafts; walk, jog and bike the trails; enjoy the self-guided • Dog washing areas, benches and drinking fountains public art walk; and play frisbee or volleyball • Connects to Sabine Promenade, a 23-acre waterfront park featuring hike and bike Spott’s Park trails to Sesquicentennial Park in downtown, which has become Houston’s urban • 16.24-acre park features basketball and volleyball courts, children’s playground, oasis in the heart of the Theater District walking trails and a picnic area ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 6 Houston Central Business District (1.5 mi) • Houston Theater District: 17-block cultural and entertainment center; the second largest perform- • Over 150,000 employees ing arts district in the U.S. next to Broadway in • Hosts 10 of Houston’s 26 Fortune 500 companies New York City • Employer (employees): Chevron (8,600), Shell Oil • Toyota Center: Home of the NBA’s Houston Company (7,000), Chase Bank (4,892), CenterPoint Rockets; Minute Maid Park: Home of the Houston Energy (3,826), KBR (2,958), NRG/Reliant Energy Astros and Houston Aeros (2,300), ExxonMobil Corporation (2,200), Hess • George R Brown Convention Center: 1.9 million SF (2,000), Kinder Morgan (1,860), Deloitte (1,700), with 88 meeting rooms, 6 balconies, a ballroom, United Airlines (1,600), St. Joseph Medical Center theater, show offices, conference rooms, 90,000 (1,440), Enterprise Products Partners (1,360), Ernst SF of Level 2 Mezzanine space, a 95,000-SF grand & Young (1,300), Waste Management, Inc. (1,270), concourse, and the 97,000-SF Avenida Plaza PriceWaterhouseCoopers (1,236), LyondellBasell Industries (1,200) • Discovery Green Park: Two-acre picnic lawn with one-acre lake, jogging trail, performance stage, two • GreenStreet: 316,000 square feet of open-air retail W DALLAS ST dog parks, and multiple gardens W DALLAS ST WAUGH DR 16701 S DAMICO ST ROSINE ST ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 7 Greenway Plaza mi ptownGalleria mi RIVER OAKS Average Home Price $2.5M MONTROSE River Oaks Shopping Center (0.6 mi) Allen Edmonds la Madeleine Américas LensCrafters River Oaks Plaza - T Ma, Marshalls and Ann Taylor Local Pour Annie Allbritton MA Modern Acupuncture HomeGoods, OffieMa, Sally Beauty, FI he Sovereign at Regent Suare Athleti Clu, Wells Fargo Bank, Dollar Tree, Araya Artisan Chocolate Macaron by Patisse dressarn, Salata, Cafe press, uy’s Atrium Ready to Wear Marble Slab Creamery Barnes & Noble Marfreless Beautifully Bronzed Mutual of Omaha Bank Brasserie 19 Natural Pawz Busy Body Nina McLemore C’est Chic by Carmine Phenix Salon Suites Cafe Ginger Pure Barre California Pizza Kitchen River Oaks Fitness Carleen Ligozio River Oaks Theater Casa de Novia Bridal RYDE Couture Saint Cloud Chalet Fine Wines Starbucks (North Side- Chandail Needlework Drive Thru) Chico’s Starbucks (South Side) Epicure Café W DALLASSteinway ST Piano Gallery Pimlio Irish Pu ROSINE ST francesca’s Steven Cash Diamonds Full Blown Dry Bar Sunglass Hut Fuzzy’s Taco Shop Sur La Table GAP Talbots Gymboree TGF Hair Salon Hemline The Mad Potter International Derma Spa The Texas Art Gallery 16701 S J. Jill U.S. Cleaners J. McLaughlin V’s Barbershop WAUGH DR Jos A. Bank Vikari International Kartell White House | Black Kroger Signature Grocery Market La Griglia Restaurant DAMICO ST ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 8 West Dallas Whole Foods ROSINE ST D’AMICO ST ±16,701 SF SEC DAMICO STREET AND ROSINE STREET, HOUSTON, TX 9 10-10-11 Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
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