±1 Acre on Montrose Blvd
DOWNTOWN HOUSTON 150,195 employees • 12 Fortune 500 companies Minute Maid Park • Toyota Center • Houston Theater District 69 George R. Brown Convention Center • Discovery Green Park
MEMORIAL DR 45 MIDTOWN
Gregory - Lincoln Education Center HARRY’S RESTAURANT BAGBY ST Carnegie Vanguard High School W GRAY ST F BAR WHITE SALON TUAM ST BISTECCA RISTORANTE WEST GRAY CLEANERS WESTHEIMER RD BARNABY’S CAFE L’OLIVIER SHIP & SHIELD TAFT ST CUCHARA MAX’S WINE DIVE REEVES ANTIQUES NUMBERS NIGHTCLUB MIDTOWN BAR & GRILL PINOT’S PALLETTE BOHEME CECIL’S PUB EL TIEMPO PEPPER TWINS PINK’S PIZZA BABY BARNABY’S CAFE GEORGE YOUR COUNTRY DOLCE VITA PIZZERIA SPORTS BAR MONTROSE INDIKA TEX CHICK RIPCORD LES BA’GET VIETNAMESE CROCKER
EL PARAISO VINOTECA POSCOL INVERSION COFFEE & ART ANDERSON FAIR RETAIL BAYOU CITY BAR & GRILL JR’S BAR & GRILL LOLA’S DEPOT BABA YEGA CAFE KATZ’S DELI TEXAS ART SUPPLY SOUTH BEACH GRANT ST THEO’S MONTROSE NAILS LIVELY HAIRDRESSING ROSEMONT LA MEXICANA ±1 Acre UCHI
BROOKSTREET BBQ ALADDIN MONTROSE BLVD MONTROSE GALLERY BB’S CAFE NIKO NIKO’S VALERO
JACKSON BLVD HYDE PARK BLVD FAIRVIEW ST SHAKE SHACK dmre.com 1 BROKER CONTACT David Marshall, Principal | [email protected] | 713.955.3126 RUDYARD’S BRITISH PUB NEXT DOOR GALLERY PropertyNEXT DOOR BAR Details At A Glance COMMONWEALTH ST INDIANA ST WILLARD ST
WAUGH DR BREATHE BIG YOGA CORAZON FAIR TRADE
WELCH ST CIAO SALON W DREW ST DETAILS 2019 TAX RATES JACKSON BLVD YOGA CENTRAL 001 HOUSTON ISD 1.206700 VAN BUREN ST SEC Montrose Blvd & Fairview St in FAIRVIEW ST LIVELY HAIRDRESSINGADDRESS 040 HARRIS COUNTY 0.418580 CAMPESINO COFFEE HOUSE Houston, TX 77006 YOAKUM BLVD HYDE PARK BLVD MONTROSE GALLERY MONTROSE BLVD 041 HARRIS CO FLOOD CNTRL 0.028770 LA MEXICANA LAT., LONG. 29.747722, -95.391684 042 PORT OF HOUSTON AUTHY 0.011550 RIVA’S ITALIAN GRANT ST NIKO NIKO’S ±1 Acre LOLA’S DEPOT SIZE ±0.998 Acres 043 HARRIS CO HOSP DIST 0.171080 BAYOU CITY BAR & GRILL 044 HARRIS CO EDUC DEPT 0.005190
BROOKSTREET BBQ SOUTH BEACH CONVERSE ST UTILITIESCROCKER City of Houston MISSOURI ST 048 HOU COMMUNITY COLLEGE 0.100263
PACIFIC ST 061 CITY OF HOUSTON 0.588310 RIPCORD
TOTAL 2.530443 DoschBABA YEGA CAFEMarshallJR’S BAR &Real GRILL Estate (DMRE) has SCHOOLS Houston Independent School District CROCKER ST been exclusively retained to represent the Seller in the marketing and sale of this
property. PARCEL ID 0180300030001 2019 DEMOGRAPHICS All inquiries about the Property should 0-1 mi 0-3 mile 0-5 miles be directed to DMRE. OWNER Montrose Fairview Ventures LLC Est. Population 2018
CLICK HERE FOR LISTING 32,366 196,210 462,514 5-Yr Est. Population Growth LEGAL RES A BLK 1 HYDE PARK 3RD PAR R/P MAKING AN OFFER 3.5% 3.9% 4.3% Offers should be presented in the form of a non-binding Letter of Intent, Average Household Income and should include: PRICE TBD by Market $133,457 $144,758 $128,314
• Pricing • Description of Debt/ Median Value Of Owner Occupied Housing Units • Due Diligence and Equity Structure FLOODPLAIN Not in the floodplain Closing Timeframe • Qualifications to $323,377 $337,005 $295,165 • Earnest Money Close Deposit • Development Plans dmre.com 2 Area Highlights Houston 's most pedestrian-friendly neighborhood
RUDYARD’S BRITISH PUB NEXT DOOR GALLERY NEXT DOOR BAR COMMONWEALTH ST INDIANA ST WILLARD ST
WAUGH DR BREATHE BIG YOGA CORAZON FAIR TRADE
WELCH ST CIAO SALON W DREW ST
JACKSON BLVD YOGA CENTRAL
VAN BUREN ST FAIRVIEW ST LIVELY HAIRDRESSING CAMPESINO COFFEE HOUSE YOAKUM BLVD HYDE PARK BLVD MONTROSE GALLERY MONTROSE BLVD
LA MEXICANA
RIVA’S ITALIAN GRANT ST NIKO NIKO’S ±1 Acre LOLA’S DEPOT
BAYOU CITY BAR & GRILL
BROOKSTREET BBQ SOUTH BEACH CONVERSE ST CROCKER MISSOURI ST
PACIFIC ST RIPCORD
BABA YEGA CAFE JR’S BAR & GRILL CROCKER ST dmre.com 3 Area Highlights Upper Kirby, Greenway, & Galleria/Uptown District
RETAIL CULTURE & FITNESS RESTAURANTS & NIGHT- 610 GALLERIA/UPTOWN DISTRICT GREENWAY HOUSTON PRESS TOP PLAZA RIVER OAKS Home Values Demeris Bar-B-Q Up to $15M Churrascos Little Pappas Seafood Torchy's Tacos Thai Pepper Restaurant UPPER KIRBY Kolache Factory Maiko Bar and Bistro KIRBY DR Yogurtland Jenni's Noodle House W ALABAMA ST RED LION PUB The Teahouse Triniti BJ OLDIES ANTIQUES ANTIQUE & DESIGN GUYS OLD BLUE HOUSE COUTURE BLOWOUT KENNEALLY’S S SHEPHERD DR MONTROSE SHOP PAVEMENT CLOTHING PAULIE’S ROOST PRIDE & JOY ANTIQUES WESTHEIMER RD LEOPARD LOUNGE HEIRESS BOUTIQUE AMERICAN APPAREL SPACE MONTROSE EMPIRE CAFE LO-FI VINTAGE FASHION RECYCLER AGORA COMMON BOND CAFE & BAKERY BLACKBIRD TRADING POISON GIRL MERCHANT & MARKET LA GRANGE FAIRVIEW ST MONTROSE HYDE PARK PISTOLERO’S HUGO’S Home Values BISCUIT HOME DA MARCO CUCINA E VINO Up to $3.5M BOONDOCKS ANVIL BAR & REFUGE SUGA ART GALLERY LA FENDEE DOC’S MOTORWORKS RUDYARD’S BRITISH PUB CATBIRDS JUICELAND NEXT DOOR GALLERY NEXT DOOR BAR CORAZON FAIR TRADE NIDDA THAI WAUGH DR MALA SICHUAN BISTRO CAMPESINO COFFEE HOUSE CIAO SALON EL REAL TEX MEX
GEORGIA JAMES THE HAY MERCHANT JACKSON BLVD BREATHE BIG YOGA BLACKSMITH RIVA’S ITALIAN BROOKSTREET BBQ SHAKE SHACK YOGA CENTRAL NIKO NIKO’S
MONTROSE BLVD MONTROSE GALLERY
HYDE PARK BLVD MISSOURI ST ±1 Acre
GRANT ST BABA YEGA CAFE SOUTH BEACH dmre.com 4 Area Highlights Montrose
1 GRANT ST 9 47 46 5 33 42 8 10 11 FAIRVIEW ST 12 13 35 34 VAN BUREN ST 13 VAN BUREN ST 3 SITE 10 MARYLAND ST MASON ST MASON MASON ST MASON MORGAN ST HYDE PARK BLVD MORGAN ST YOAKUM BLVD YOAKUM BLVD 15 17 WAUGH DR 16 TAFT ST TAFT ST
MONTROSE BLVD
17 STANFORD ST STANFORD ST CROCKER ST CROCKER ST STRATFORD ST WHITNEY ST 20 19 COMMONWEALTH DR 18 1 MISSOURI ST 18 HAVER ST
AVONDALE ST 6 22 52 24 CHERRYHURST ST YUPON ST 2 54 21 23 15 2 25 50 51 CALIFORNIA ST 26 48 16 31 32 27 7 4 49 14 WESTHEIMER RD 45 4 28 6 5 8 CHERRYHURST 44 29 4 14 7 9 30 41 12 PARK MISSOURI ST 3 2 3 36 2 3 37 1 1 CALIFORNIA ST COURTLAND PL 43 LOVETT BLVD 38 ROSELAND ST ROSELAND 55 ST ROSELAND GRAUSTARK ST GRAUSTARK ST MT VERNON ST 6 MT VERNON ST
39 53 40 11 5 HAWTHORNE ST 4 0.25 MILE
RESTAURANTS & NIGHTLIFE RETAIL COFFEE & TEA HOUSES 1 Snooze AM Eatery 15 South Beach Houston 29 Osaka Japanese 43 La Fendee 1 Silverlust Jewelry 14 Marbella Spa and Salon 1 Campesino Coffee House 2 Uchi 16 JR's Bar & Grill 30 AvantGarden 44 Nidda Thai Cuisine 2 Light Bulbs Unlimited 15 Hue Salon 2 Blacksmith 3 Mala Sichuan Bistro 17 Niko Niko's 31 El Tiempo Cantina 45 El Real Tex Mex 3 Copy.com 16 Houston Bicycle 3 Kung Fu Tea 4 Dolce Vita 18 Riva's Italian 32 Numbers Night Club 46 Baby Barnaby's 4 Half Price Books 17 Reeves Antiques 4 Starbucks 5 Cuchara Restaurant 19 Brookstreet BBQ 33 MAX's Wine Dive 47 Barnaby's 5 Mattress Firm 18 Boss Lady Couture 5 Mercantile 6 Da Marco Cucina E Vino 20 Baba Yega Cafe 34 Boheme 48 Love Buzz 6 Spec’s Wine & Spirits 6 Southside Espresso 7 Indika 21 The Hay Merchant 35 Pepper Twins 49 Unicorn Dessert Bar 7 Lashes by Ann FITNESS 8 Lola's Depot 22 BB's Cafe 36 Present Company 50 L’Olivier 8 Cottage Thrift Shop 1 Yoga Central 9 Crocker 23 Aladdin Mediterranean 37 Catbirds 51 Bistecca Ristorante 9 Tejas Custom Boots 2 Define Yoga 10 El Paraiso Mexican 24 Rosemont 38 Anvil Bar & Refuge 52 Georgia James 10 Pinot’s Pallette 3 Pralaya Yoga 11 Tex Chick 25 Theos Restaurant 39 Boondocks 53 UB Preserv 11 Biscuit Home 4 The Bar Method 12 RIPCORD 26 Katz's Deli 40 Pistolero's 54 Shake Shack 12 Arden's Gallery 13 George Bar 27 Vinoteca Poscol 41 Biskit Junkie 55 Ramen Tatsuya 13 Ciao Salon 14 Velvet Taco 28 369 Oriental Bistro 42 La Mexicana dmre.com 5 Property Survey
~193.41’
~187.11’ AVAILABLE ±1 ACRES ~201.34’
~21.96’ ~219.45’
dmre.com 6 DOWNTOWN HOUSTON 150,195 employees • 12 Fortune 500 companies Minute Maid Park • Toyota Center • Houston Theater District 69 George R. Brown Convention Center • Discovery Green Park Area HighlightsMEMORIAL DR Prime land site in Montrose 45 MIDTOWN PRIME DEVELOPMENT OPPORTUNITY IN THE MONTROSE AREA • Located in the heart ofGregory Montrose - Lincoln with walking distances to popular Education Center HARRY’S RESTAURANT BAGBY ST eateries, lively bars, and coffee shops. Carnegie Vanguard High School W GRAY ST F BAR WHITE SALON TUAM ST BISTECCA RISTORANTE CONVENIENT ACCESS TO US-59 AND DOWNTOWNWEST GRAY CLEANERS WESTHEIMER RD BARNABY’S CAFE L’OLIVIER • Fast access to Downtown that is home to over 150,000 employeesSHIP & SHIELD TAFT ST CUCHARA MAX’S WINE DIVE REEVES ANTIQUES – With 9 major headquarters such as Chevron, Shell, and Center NUMBERS NIGHTCLUB MIDTOWN BAR & GRILL PINOT’S PALLETTE BOHEME Point Energy. Downtown HoustonCECIL’S has PUB over 50 million SF of office EL TIEMPO space PEPPER TWINS PINK’S PIZZA • U.S 59 is less than 2 miles south BABY BARNABY’S CAFE • Allen Pkwy is less than 2 miles north GEORGE YOUR COUNTRY DOLCE VITA PIZZERIA SPORTS BAR MONTROSE INDIKA TEX CHICK CLOSE TO HOUSTON’S BEST ENTERTAINMENT RIPCORD LES BA’GET VIETNAMESE CROCKER AND RETAIL ANDERSON FAIR RETAIL EL PARAISO BAYOU CITY BAR & GRILL VINOTECA POSCOL • Downtown is within 1 mile of the property, INVERSIONTexas Medical COFFEE & ART Center and JR’S BAR & GRILL LOLA’S DEPOT BABA YEGA CAFE KATZ’S DELI Memorial Park is 2.5 miles, and Galleria/Uptown is just 4 TEXASmiles ART east SUPPLY of SOUTH BEACH the site GRANT ST THEO’S MONTROSE NAILS LIVELY HAIRDRESSING ROSEMONT • Memorial Park has 2.93 miles of trails for walking and running as well LA MEXICANA ±1 Acre as over 30 miles of trails scattered around the park for running, walking UCHI and hiking. BROOKSTREET BBQ ALADDIN MONTROSE BLVD • Home to 15 of the Houston Chronicles Top 100 restaurants of 2018 MONTROSE GALLERY BB’S CAFE VALERO • Close proximity to some of Houston's carefully preserved historic NIKO NIKO’S JACKSON BLVD HYDE PARK BLVD districts and eclectic mix of homes and businesses FAIRVIEW ST SHAKE SHACK
DOWNTOWN TEXAS MEDICAL CENTER 1 MILE 2.5 MILES
MEMORIAL PARK GALLERIA/UPTOWN 2.5 MILES 4 MILES
dmre.com Area Highlights Downtown Houston OVER Transportation $9 BILLION in public & private investments have been made over the past two decades. A NETWORK OF INTEGRATED MULTI-MODAL transit systems provides convenient commute options. 157,906 10,165 9 COMPANY Jobs Residents Headquarters
Employment Top Employers # Employees of Downtown employees 50,429,579 Chevron 8,600 32% use public office square foot Shell Oil Company 7,000 transit to get to work. Chase Bank 4,892
CenterPoint Energy 3,826
82.5% KBR 2,958 office occupancy (Class A) NRG/Reliant Energy 2,300 105,000 passengers transit ExxonMobil Corporation 2,200 through Downtown on a daily basis. Hess 2,000
20 Kinder Morgan 1,860 Fortune 500 Companies Deloitte 1,700 Enterprise Products Partners 1,360
Ernst & Young 1,300
9 Waste Management, Inc. 1,270 Fortune 500 PriceWaterhouseCoopers 1,236 Companies dmre.com 8 Headquarters LyondellBasell Industries 1,200 Area Highlights Downtown Houston cont.
Living Downtown’s tallest residential high- rise, Market Square Tower, reached Developers have delivered over 3,000 residential Transit 93 units in the last two years, 371 units are under 90% OCCUPANCY construction, with another 1,179 planned. 3 MONTHS Bike 77 Expected to add over 5,000 new residents in the ahead of the projected timelime. next three to five years.
257% resident growth between 2007 & 2017 Walk 76 in the downtown core
ApartmentData.com named Downtown as the 4,007 OVER 50% 10 PARKS 0 20 40 60 80 100 hottest rental submarket in Houston Households 34 years & younger. Score
Entertainment Over 10 million people visit Downtown annually Home to the recently renovated 1.9 million square foot George R. Brown Convention Center, one of the ten largest convention centers in the nation. Sports Downtown welcomed over 1 million visitors during SuperBowl LI. Toyota Center, home to the NBA’s Houston Rockets, seats up to 18,000 & hosts over 100 events annually. Minute Maid Park, home to the Astros, has a seating capacity of 40,963. BBVA Compass Stadium, home to MLS’s Houston Dynamo, Houston Dash & Texas Southern University Tigers football team, seats 22,039. Major Sports/Concert Venue Capacity: 150,000
Education Hospitality Theater 13,919 students & 46,627 alumni Developers are set to deliver another 349 Downtown’s Theater District is the 2nd rooms in two hotels by mid-2019, with largest performing arts district in the 43 Bachelor's degree & 8 Master's another 620-plus rooms planned for nation. degree programs 2019. 4 major arts venues - Jones Hall, 7,803 hotel rooms. Wortham Theater Center, Alley Theatre Dining Retail & the Hobby Center for the Performing Over 300 restaurants, coffee shops 2 million square feet of retail space. Arts and bars. 394 retailers. 13,000 of theatre district seating Outdoor seating available in over capacity. 20% of restaurants & cafes. Our Team
Tim Dosch Tom Dosch Principal Principal [email protected] [email protected] 713.955.3127 713.955.3125
David Marshall JP Hayes Principal Vice President of Listings [email protected] [email protected] 713.955.3126 713.955.4473
Dakota Dosch Analyst [email protected] 713.955.4472
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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. Information About Brokerage Services
efore working with a real estate broker, you intermediary. The written consent must state who will should know that the duties of a broker pay the broker and, in conspicuous bold or underlined depend on whom the broker represents. If print, set forth the broker’s obligations as an you are a prospective seller or landlord intermediary. The broker is required to treat each (owner)B or a prospective buyer or tenant (buyer), you party honestly and fairly and to comply with The should know that the broker who lists the property for Texas Real Estate License Act. A broker who acts as sale or lease is the owner’s agent. A broker who acts an intermediary in a transaction: as a subagent represents the owner in cooperation (1) shall treat all parties honestly; with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an (2) may not disclose that the owner will accept a intermediary between the parties if the parties price less that the asking price unless authorized in consent in writing. A broker can assist you in locating writing to do so by the owner; a property, preparing a contract or lease, or obtaining financing without representing you. A broker is (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer obligated by law to treat you honestly. unless authorized in writing to do so by the buyer; and IF THE BROKER REPRESENTS THE OWNER: (4) may not disclose any confidential information or The broker becomes the owner’s agent by entering any information that a party specifically instructs the into an agreement with the owner, usually through a broker in writing not to disclose unless authorized in written - listing agreement, or by agreeing to act as a writing to disclose the information or required to do so by subagent by accepting an offer of subagency from the The Texas Real Estate License Act or a court order or if listing broker. A subagent may work in a different real the information materially relates to the condition of the estate office. A listing broker or subagent can assist property. the buyer but does not represent the buyer and must place the interests of the owner first. The buyer With the parties’ consent, a broker acting as an should not tell the owner’s agent anything the buyer intermediary between the parties may appoint a person would not want the owner to know because an who is licensed under The Texas Real Estate License owner’s agent must disclose to the owner any Act and associated with the broker to communicate material information known to the agent. with and carry out instructions of one party and another person who is licensed under that Act and IF THE BROKER REPRESENTS THE BUYER: associated with the broker to communicate with and The broker becomes the buyer’s agent by entering carry out instructions of the other party. into an agreement to represent the buyer, usually through a written buyer representation agreement. A If you choose to have a broker represent you, buyer’s agent can assist the owner but does not you should enter into a written agreement with the represent the owner and must place the interests of broker that clearly establishes the broker’s obligations the buyer first. The owner should not tell a buyer’s and your obligations. The agreement should state agent anything the owner would not want the buyer how and by whom the broker will be paid. You have to know because a buyer’s agent must disclose to the the right to choose the type of representation, if any, buyer any material information known to the agent. you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker IF THE BROKER ACTS AS AN INTERMEDIARY: represents you. If you have any questions regarding A broker may act as an intermediary between the the duties and responsibilities of the broker, you parties if the broker complies with The Texas Real should resolve those questions before proceeding. Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov) TREC No. OP-K Contact Us 713.955.3120 777 Post Oak Blvd, Suite 255 Houston, TX 77056 www.dmre.com
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