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7807 Main St Flyer.Indd Main at Kirby Med Center LEASE OR GROUND LEASE OPPORTUNITY 7807 MAIN STREET, HOUSTON, TEXAS 77030 Main at Kirby Med Center LEASE OR GROUND LEASE OPPORTUNITY AVERAGE HH INCOME POPULATION $115,277 466,590 3 MILE RADIUS 5 MILE RADIUS DEMOGRAPHICS 1 MILE 3 MILE 5 MILE 2020 EST. POPULATION 22,644 154,905 466,590 2025 PROJECT POPULATION 23,625 161,257 487,947 2020 EST. AVG HH INCOME $89,676 $115,277 $103,464 MEDIAN HOUSING VALUE $378,299 $538,256 $371,773 7807 Main Street, TOTAL HOUSEHOLDS 12,038 71,119 203,848 Houston, Texas 77030 TRAFFIC COUNTS MAIN STREET + 43,192 VPD OLD SPANISH TRAIL + 50,617 VPD BUSINESSES 1 MILE 3 MILE 5 MILE EDUCATION & HEALTH 1,080 10,633 13,978 SERVICES FINANCIAL ACTIVITIES 129 1,372 4,299 LEISURE & HOSPITALITY 122 868 2,554 PROFESSIONAL & BUSINESS 87 1,826 5,313 SERVICES TOTAL EMPLOYEES 17,335 291,969 505,558 DEMOGRAPHICS | 2 Less Than One Mile from the Site NRG Astrodome NRG Center 16 fl oors OLD SPANISH TRAIL - 50,617 VPD Domain at Kirby Apartments 293 Units Walgreens KIRBY - 22,433 VPD Braeswood Park Condominiums 240 Units / 3 Stories MAIN ST - 43,192 VPD 200 Units Texas Orthopeedic Housing Value Hospital 186 Units / 11 Stories 500K- $ Millions The Braeswood Condominiums 26 Units 197 Units / 8 Stories Southside Medical Plaza The Reside Houston 36 Units Braeswood Park Condominiums Domain at Kirby Apartments 240 Units / 3 Stories 293 Units / 4 Stories 200 Units MAIN ST - 43,192 VPD AERIAL | 4 7807 MAIN STREET, HOUSTON,TX 77030 BUILDING CEILING HEIGHTS LAND / PARKING $19.00/SF 16’-8” 59,211 SF BASE RENT+NNN 1ST FLOOR TO 2ND FLOOR AVAILABLE FOR TENANT RESPONSIBILITIES: (FLOOR TO FLOOR GROUND LEASE TAXES, INSURANCE, CAM, HEIGHT) REPAIRS, MAINTENANC E , UTILITIES * Numbers reflected above are approximated and * Numbers reflected above are approximated and must be verified by a current survey. must be verified by a current survey. 47,918 18’-8” 90+ SQUARE FEET 2ND FLOOR TO 3RD FLOOR PARKING SPACES OF RENTAL AREA (FLOOR TO FLOOR HEIGHT) WITH EXISTING IMPROVEMENTS * Numbers reflected above are approximated and * Numbers reflected above are approximated and must be verified by a current survey. must be verified by a current survey. • Lowest Rental Rate for Office/Medical Use in Entire Sub-Market • Minutes away from Texas Medical Center, NRG Stadium and Loop 610 • Frontage on Main Street, Near the Corner of Kirby Drive • Located on Corner of Main Street and Braeswood Park Drive (Three Ingress/Egress Access Points) • Tiltwall Construction, High Ceilings, Two Elevators, Covered Loading Dock, and Fenced Loading Area • Large Pylon Sign on Main Street PROPERTY OVERVIEW | 5 RENT COMPARABLES 1 2 3 Houston Medical Plaza MEDICAL CENTER OPPORTUNITY Medical Offi ce Space For Lease Medical Offi ce/ Retail Offi ce for Lease Professional Bldg 7807 Main Street, Houston, TX 77030 1200 Binz Street, Houston, TX 77004 7900 Fannin Street, Houston, TX 77054 6655 Travis Street, Houston, TX 77030 Rental Rate $19.00 / SF Rental Rate $29.50 / SF Rental Rate $39.00 / SF Rental Rate $35.00 / SF Lease Type: Base Rent + NNN Lease Type: Base Year Expense Stop Lease Type: Base Year Expense Stop Lease Type: Full Service Gross 4 5 6 1 3 Greenpark One Greenpark II Professional Southside Medical Plaza 4/5 6 7515 S Main Street, Houston, TX 77030 7505 Main St., Houston, TX 77030 7700 Main St., Houston, TX 77030 2 Rental Rate $32.00 / SF Rental Rate $32.00 / SF Rental Rate $23.00 / SF Lease Type: Full Service Gross Lease Type: Full Service Gross Lease Type: NNN ($13.00 Est.) RENT COMPARABLES | 6 Alabama St Bissonet St HCA Houston Healthcare Medical Center Texas Approx. 15 Minutes Southern Houston University University The Texas Medical Center (TMC) is the world’s to Houston Downtown of Houston Main St Museum largest medical complex by many measures: Rice RICE VILLAGE University District number of hospitals, number of physicians, University Blvd square footage and patient volume. The Texas Houston Zoo Kirby Medical Center’s 61 member institutions are alo Speedway Buff Texas Children’s MacGregor consistently recognized by U.S. News and Hospital Almeda Rd Park World Report as among the best hospitals and W Holcombe Blvd TEXAS MEDICAL universities in the nation. CENTER Michael E. DeBakery Stella Link Rd VA Medical Center Old Spanish Trail Texas Orthopedic Hospital Baylor Medicine at McNair Campus 7807 Main St Yellowstone Blvd Old SpanishThe Trail Woman’s Hospital of Texas Approx. 6 Minutes to Texas Medical Center Approx. 3 Minutes to NRG Stadium ASTRODOME TEXAS MEDICAL CENTER OVERVIEW $3 BILLION 50 MILLION 8 MILLION 8TH LARGEST in construction developed patients business district in the U.S. projects underway square feet per year with 1,345 total acres 750,000 106,000+ 13,600+ 180,000+ ER visits per year employees total heart surgeries surgeries Source: Greater Houston Partnership AREA OVERVIEW | 7 CURRENT/FUTURE DEVELOPMENT PROJECTS NEARBY TEXAS MEDICAL CENTER3’S 30- ACRE TMC3 BIOMEDICAL THE ALLEN MIXED-USE DEVELOPMENT RESEARCH HUB LUXURY MIXED-USE DEVELOPMENT The Texas Medical Center (TMC) A landmark mixed-use development is developing the 30-acre TMC3 featuring a luxury hotel, biomedical research hub with a 1.5 condominiums, retail, and state-of- PHASE 1 million square-feet research campus the-art offi ce buildings, located near broke ground and 250,000 square feet of Lab space. downtown and Buffalo Bayou Park. November 2019 A world-class complex with shared and Located at Allen Parkway and Gillette proprietary research centers, multi- Street, the 14-acre deveopment will consist disciplinary laboratory, healthcare of four towers and a midrise pavilion. institutions, a hotel and conference center, Retail/restaurant, Thompson Hotel and retail, and a unique double-helix green residences, offi ce/retail and apartments. space. $454M The fi rst phase of construction has begun The project is a collaboration of four and is expected to be ready for tenant Total Capitalization TMC3 founding institutions: Texas build-out in 2021. This phase will offer 750 Medical Center, The University of Texas residential units and 50,000 square feet for MD Anderson Cancer Center, Texas A&M retail. University Health Science Center and The University of Texas Health Science Center. Over the next two phases, developers plan to build a total of 350,000 square feet of 12 MINUTES The project is projected to generate a $5.4 Class A offi ce space, 100,000 square feet of from Texas Medical billion stimulus to Texas and create more retail and 1,450 residentail units. than 23,000 jobs. Center 1ST FLOOR Three Dock Doors (Box Truck Height) Freight Elevator 2ND FLOOR 3RD FLOOR 11-2-2015 INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. TYPES OF REAL ESTATE LICENSE HOLDERS • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any offer to or counter-offer from the client; and • Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement.A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary.A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly; • May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. • Must not, unless specifically authorized in writing to do so by the party, disclose: o that the owner will accept a price less than the written asking price; o that the buyer/tenant will pay a price greater than the price submitted in a written offer; and o any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
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