±3.36 Acres on Knight Road Houston, TX 77054

10 Hermann Park HOUSTON CBD 10 Houston Zoo 45 Hermann Park Golf Course

TEXAS MEDICAL CENTER

BRAESWOOD BLVD ALMEDA RD

OLD SPANISH TRAIL

GREENBRIAR DR BERTNER AVE

CAMBRIDGE ST

WEST RD Schweppe Park

ST EL PASEO ST ±3.36 SEO PA EL ACRES : KNIGHT RD FANNIN ST W O R RE TU L FU NTIA POTE

NRG Center NRG Stadium NRG Arena NRG Astrodome

±3.36 Acres on Knight Road Houston, TX 77054

OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements

Becky Hand Tim Dosch Dosch Marshall Real Estate Principal Senior Associate 713.955.3120 [email protected] [email protected] 777 Post Oak Blvd 713-955-3127 713-955-3121 Houston, TX 77056 www.dmreland.com

Exclusive Representation Dosch Marshall Real Estate (DMRE) has been exclu- David Marshall Dillon Mills sively retained to represent the Seller in the disposition Principal Senior Associate of ±3.36 acres on Knight Road in Houston, TX 77054 [email protected] [email protected] (Property). All inquiries about the Property should be directed to DMRE. 713-955-3126 713-955-3123 About DMRE Dosch Marshall exists to provide unmatched real estate brokerage services across the U.S. by connect- ing our expansive network, market knowledge, and expertise in land brokerage with innovative processes. Tom Dosch Tripp Rich Founded in 2017, but in the Houston market for the past 15 years, our goal is to represent our clients with Principal Transaction Manager excellence. In real estate as in other industries expe- [email protected] [email protected] rience is key: collectively, DMRE has 40 years of ex- 713-955-3125 713-955-3124 perience. Tim Dosch, David Marshall, and Tom Dosch have all been chosen in recent years for the Houston Heavy Hitters, an award that recognizes those who have traded the largest transactions in Houston for the year.

Clark Dalton Kenneth Danna Vice President Analyst [email protected] [email protected] 713-955-3122 713-955-3120

±3.36 ACRES ON KNIGHT ROAD 2 Property Details Property Details West side of Knight Road between Holly Hall Street and Old LOCATION Spanish Trail LAT., LONG. 29.689534, -95.401455 ST O SE PA L TOTAL ACRES ±3.368 Acres : E W ~603’ RO E UR UT FRONTAGE (APPROX.) 250ft on Knight Road L F TIA 389.62’ TEN PO ACCESS Knight Road

UTILITIES City of Houston KNIGHT RD ±3.368 ACRES · 146,703 SF SCHOOL DISTRICT Houston ISD

The cost for the detention vault and to extend El Paseo Road is 133.00’ 559.39’ estimated at $6.9 million. Of this amount, the El Paseo exten- ADDITIONAL INFO sion is expected to cost $300,000 to $500,000. These figures are to be used as an estimate only and potential buyers are encour- aged to perform their own due diligence.

2017 Tax Rates Making an Offer 1 HOUSTON ISD 1.206700 Offer Information 40 HARRIS COUNTY 0.418010 Offers should be presented in the form of a non-binding Letter of Intent, and should include: 41 HARRIS CO FLOOD CNTRL 0.028310 • Pricing 42 PORT OF HOUSTON AUTHY 0.012560 • Due Diligence and Closing Timeframe • Earnest Money Deposit 43 HARRIS CO HOSP DIST 0.171100 • Description of Debt/Equity Structure 44 HARRIS CO EDUC DEPT 0.005195 • Qualifications to Close • Development Plans 48 HOU COMMUNITY COLLEGE 0.100263 Due Diligence Information 61 CITY OF HOUSTON 0.584210 To access the due diligence information please visit the Property website at: TOTAL 2.526348 dmreland.com/listings/#623 2018 Demographics Additional Property Details 0-1 mile 0-3 miles 0-5 miles PARCEL ID 1182710010001 EST. POPULATION 17,372 139,257 399,367 OWNER EL PASEO DRIVE LAND LLC 5-YR EST. POPULATION GROWTH 6.20% 7.18% 7.24% PROPERTY KNIGHT RD HOUSTON, TX 77054 AVERAGE HOUSEHOLD INCOME $64,310 $127,247 $123,556 LEGAL RES A BLK 1 ASTRODOME OAKS SEC 1 R/P PAR R/P MEDIAN OWNER-OCCUPIED HOUSING VALUES $135,449 $256,887 $221,187

±3.36 ACRES ON KNIGHT ROAD 3 Property Survey

559.39’

133.00’

389.62’

~603’

±3.36 ACRES ON KNIGHT ROAD 4 Property Aerial

610 BRAESWOOD BLVD

Olive Garden Chipotle Pappas Bar B Que ~Host of the Houston Livestock Show and Rodeo The French Corner and the Super Bowl LI in 2017 Spicky Pickle ~NRG Center - 1.4M SF exhibit and conference facility Glazed ~NRG Stadium - 71,500 seating capacity, 97,000 SF Tiffs Treats natural grass playing field ~NRG Arena - 349,000 SF event facility KIRBY RD ~NRG Astrodome - 1M SF football/baseball/concert OLD SPANISH TRAIL facility, 70,000 max seating capacity

FANNIN ST

T S O E S A P IMT MEDICAL CENTER L E : W

U ±3.36

A ACRES I T N E T O P

KNIGHT RD EL PASEO ST

±3.36 ACRES ON KNIGHT ROAD 5 Texas Medical Center <1 mile from the Property

Leader in innovation & research Home to the world’s 59 • TMC Innovation Institute recently cut the ribbon on the Center largest cancer hospital: member institutions for Device Innovation @ Texas MD Anderson Cancer Medical Center, a collabora- tion between TMC, Johnson & Home to the world’s Johnson Medical Devices Com- 9,200+ panies and Johnson & Johnson largest children’s hospital: Innovation total patient beds Texas Children’s Hospital • TMC3, the medical center’s translational research campus, will bring together several member institutions, including Baylor College of Medicine, Texas A&M The largest medical 8 million University and The University of center in the world patient visits per year Texas System; the campus has an estimated economic impact of $5.2 billion once the campus gets underway in the next couple of years 50 million 13,600+ $2 billion • Recently kicked off a new $25 million venture fund developed square feet total heart surgeries in research conducted each year Pillar of the Houston community • TMC was part of the Super Bowl LI host committee, welcoming millions of visitors to a booth at The TMC encompasses 25,000+ $35 billion Super Bowl Live in downtown 1,345 total acres babies delivered per year estimated regional Houston and bringing best-of- the-best medical devices and economic impact digital health applications to the TMC Innovation Institute for a First and Future pitch competi- tion 8th largest 106,000+ • Due to expert planning and business district in total employees emergency management, TMC the United States hospitals remained fully opera- tional during Hurricane Harvey (with the single exception of Ben Taub Hospital)

±3.36 ACRES ON KNIGHT ROAD 6 Texas Medical Center <1 mile from the Property

Upcoming Developments MEMORIAL HERMANN Major Educational Institutions $3 billion in new construction projects are underway in the Texas Medical Center Baylor College of Medicine Texas Children’s Hospital • Leaders for biomedical research. • $506 million expansion • Hosts approximately, 3,378 faculty and 1,211 stu- • Adding 19 floors to existing tower for new heart center, dents expanded critical care, and diagnostic and therapeutic • Ranks 7th in the nation for primary care and 13th services for research according to the U.S. News and World • Expected completion: 2018 Report

Memorial Hermann The University of Texas Health Science Center • $650 million renovation and expansion • Fills three million square feet of the Texas Medical Center • Building new patient care building and upgrading infrastructure • Hosts more than 350 undergraduate students, 3,399 post graduate students, and 1,261 faculty members • Adding 1.3 million square feet in a new space and UNIVERSITY OF TEXAS HOUSTON CAMPUS increasing their size by 50% Rice University • Expected completion: 2018 • Comprehensive research university consistently ranked among top 20 universities in the U.S. overall Baylor St. Luke’s McNair Campus • One of only three Tier One universities in Texas • New 1.2-million-square-foot facility on 27.5 acres • 665 full-time and 197 part-time instructional faculty • In various stages of completion, renovation and construction • 98% of full-time instructional faculty have a doctor- ate or terminal degree in their field • Second patient tower with 650 patient beds and medical office building planned • 3,879 undergraduate and 2,744 graduate degree-seeking students • Expected completion: 2019

University of Texas Houston campus • New campus is being planned for 300 acres located at Buffalo Point about 3.5 miles south of the Texas Medical Center BAYLOR ST. LUKE’S MCNAIR CAMPUS BLOSSOM HOTEL HOUSTON Houston Community College Coleman College for Health Sciences building • The 10-story midrise should be completed by August 2018

Blossom Hotel Houston • 9-story hotel planned for the stretch of land along Lehall St. at Bertner Ave. south of the Texas Medical Center.

±3.36 ACRES ON KNIGHT ROAD 7 Nearby Recreation & Entertainment

NRG Center NRG STADIUM • Home of the Houston Texans Hermann Park • State-of-the-art facility has hosted major events such Hermann Park’s 445 acres hold a number of enter- as the Super Bowl, NCAA Final Four tournaments, and the world’s largest entertainment and livestock exhibi- tainment options and venues for visitors, including the tion, the Houston Livestock Show & Rodeo McGovern Centennial Gardens, Hermann Park Golf course, the Miller Outdoor Theatre, a jogging track, the • Host of Super Bowl LI in 2017 Houston Zoo, the Museum of Natural Science with the • NRG Center: 1.4 million-square-foot exhibit and confer- Cockrell Butterfly Exhibit, the Buddy Carruth Playground ence facility For All Children, the Japanese Garden, McGovern Lake • NRG Stadium - 71,500 seating capacity, with its paddle boats, the ever popular Hermann Park 97,000-square-foot natural grass playing field Mini-Train and the Judson Robinson, Jr. Community • NRG Arena - 349,000-square-foot event facility Center. • NRG Astrodome - 1 million-square-foot football/baseball/concert facility, 70,000 max seating capacity

Rice Village RICE VILLAGE HERMANN PARK • Over 300 shops in the immediate 16-block area • Boutiques and eclectic shops as well as high-end clothing stores such as Chico’s, Talbots, Elaine Turner, Guess, White House Black Market, Banana Republic, and Kendra Scott • Dining options include a variety of food from all over the world including Japanese, Chinese, French, Italian, Mexican, Spanish, Mediterranean, and Vietnamese

Brays Bayou Greenway • Provides approximately 30 miles of public greenspace and hike-and-bike trails

BRAYS BAYOU GREENWAY HERMANN PARK

±3.36 ACRES ON KNIGHT ROAD 8 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. 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

9 777 POST OAK BLVD HOUSTON, TEXAS 77056