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1.16 Ac Mckinney, Sampson & York Streets FOR SALE: ±1.16 AC MCKINNEY, SAMPSON & YORK STREETS ±50,000 SF LOCATED IN EADO AREA | HOUSTON, TEXAS DOWNTOWN HOUSTON 150,000 Employees 18.3 million annual visitors Polk St SITE Dallas St Lamar St 6' ± 2 2 McKinney St 7 ±2 0' Sampson St Sampson St ±1.16 AC York St ± ' York St Scott St McKinney24 St 8 SITE: ±1.16 AC 8 4 ' 1 ± CONTACT Jeanie Gibbs, CCIM Tony Patronella Christie Amezquita, CCIM T 713.980.4749 T 713.828.4883 T 713.979.0436 [email protected] [email protected] [email protected] Read King | Commercial Real Estate 5850 San Felipe, Suite 490 | Houston, TX 77057 T 713.782.9000 | www.read-king.com S DOWNTOWN HOUSTON THEATER SITE 150,000 Employees DISTRICT 6' ± 18.3 million annual visitors CENTRAL STATION 2 2 7 ±2 0' CONVENTION DISTRICT Sampson St ±1.16 AC EaDo/STADIUM ± ' York St McKinney2 St 8 48 4 EAST END LINE ' 1 ± 8th Wonder Brewery COFFEE PLANT/SECOND WARD SITE Oak Farms Dairy LOCKWOOD/EASTWOOD MAIN STREET LINE The EaDo Promenade McKinney St Project to convert five city blocks to green space intended to make surrounding retail & residential LEELAND/THIRD WARD development more viable SITE COMMERCIAL Sampson St High School for MULTIFAMILY Law and Justice York St Jan 2017 SINGLE FAMILY GOVERNMENTAL S INSTITUTIONAL INDUSTRIAL l Future Retail Development rai VENUES T e PROMENADE CONCEPT ik PLAN AREA B ENTERTAINMENT d n DISTRICT a e SOUTHEAST LINE EXISTING RAIL ik 90 H METRO LIGHT RAIL EAST END LINE METRO LIGHT RAIL ELGIN/THIRD WARD SOUTH EAST LINE SUMMARY HIKE & BIKE TRAIL BIKEWAY SIZE: ± 1.16 AC University of Houston Undergraduate: 31,764 PRICE: $35.00 PSF Campus Size: 594 acres Tuition: $9,211 TERMS: Cash EaDo – East Downtown Houston UTILITIES: Full Available “EaDo is a vibrant neighborhood rich with history, RESTRICTIONS: None ROBERTSON STADIUM interesting sites, thriving businesses and Houston Light-rail System entertainment andWASHINGTON best of all downtown AVENUE living. East End Line FRONTAGES: ±248' on McKinney St. Southeast Line Main Street Line (existing) EaDo is remarkably situated near Houston’s ±226' on Sampson St Stations UH SOUTH/UNIVERSITY OAKS largest employment centers: Downtown, the Texas ±148' on York St. Medical Center, and the Houston Ship Channel. With unmatched views of the growth area of the downtown skyline, East Downtown also brings you • ±50,000 SF Available for sale, located at McKinney, DEMOGRAPHICS within walking distance of Discovery Green Park, DOWNTOWN SITE Sampson and York Streets 1 Mile 3 Miles 5 Miles Minute Maid Park (Astros), the George R. Brown Convention Center, the Toyota Center (Rockets), • Located in Eado Area Active Population (06-2015) 15,836 169,869 443,865 the Houston Pavilions, and The Shops at Houston Estimated Households 6,073 61,986 168,618 UPTOWN Center. With access to the major freeways, major • Within walking distance to a rail line Est. Avg. Household Income $61,048 $69,363 $79,357 thoroughfares, METRO Transit, and soon METRO Daytime Demos: Employees 7,931 231,615 480,056 • No Restrictions GALLERIA Light Rail (LRT) from the East End and Southeast 59 GREENWAYcorridors PLAZAconnecting to Downtown and the Main • Utilities Available TRAFFIC COUNTS Street Red Line, connectivity to all points of • Sale Price: $35 PSF or $1,768,500 Scott Street south of Mckinney Street 18,070 CPD (2011) interest in the Houston area is convenient.” MEDICAL CENTER 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 should Act. The broker must obtain the written consent of each know that the duties of a broker depend on whom party to the transaction to act as an intermediary. The the broker represents. If you are a prospective written consent must state who will pay the broker and, in Bseller or landlord (owner) or a prospective buyer or conspicuous bold or underlined print, set forth the broker’s tenant (buyer), you should know that the broker who lists obligations as an intermediary. The broker is required to the property for sale or lease is the owner’s agent. A treat each party honestly and fairly and to comply with broker who acts as a subagent represents the owner in The Texas Real Estate License Act. A broker who acts cooperation with the listing broker. A broker who acts as as an intermediary in a transaction: a buyer’s agent represents the buyer. A broker may act as (1) shall treat all parties honestly; an intermediary between the parties if the parties (2) may not disclose that the owner will accept a consent in writing. A broker can assist you in locating a price less than the asking price unless authorized in property, preparing a contract or lease, or obtaining writing to do so by the owner; financing without representing you. A broker is obligated (3) may not disclose that the buyer will pay a price by law to treat you honestly. greater than the price submitted in a written offer 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 into an any information that a party specifically instructs the agreement with the owner, usually through a written - broker in writing not to disclose unless authorized in listing agreement, or by agreeing to act as a subagent by writing to disclose the information or required to do so accepting an offer of subagency from the listing broker. A by The Texas Real Estate License Act or a court subagent may work in a different real estate office. A order or if the information materially relates to the listing broker or subagent can assist the buyer but does condition of the property. not represent the buyer and must place the interests of With the parties’ consent, a broker acting as an the owner first. The buyer should not tell the owner’s intermediary between the parties may appoint a person who agent anything the buyer would not want the owner to is licensed under The Texas Real Estate License Act know because an owner’s agent must disclose to the and associated with the broker to communicate with and owner any material information known to the agent. carry out instructions of one party and another person who is licensed under that Act and associated with the broker IF THE BROKER REPRESENTS THE BUYER: to communicate with and carry out instructions of the The broker becomes the buyer’s agent by entering into an other party. agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent If you choose to have a broker represent you, can assist the owner but does not represent the owner you should enter into a written agreement with the broker and must place the interests of the buyer first. The owner that clearly establishes the broker’s obligations and your should not tell a buyer’s agent anything the owner would obligations. The agreement should state how and by not want the buyer to know because a buyer’s agent must whom the broker will be paid. You have the right to disclose to the buyer any material information known to the choose the type of representation, if any, you wish to agent. receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you IF THE BROKER ACTS AS AN INTERMEDIARY: have any questions regarding the duties and A broker may act as an intermediary between the parties responsibilities of the broker, you should resolve those if the broker complies with The Texas Real Estate License questions before proceeding. 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 EQUAL HOUSING OP P O RT U N IT Y or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960. 01A TREC No. OP-K *All logos displayed are for identification purposes only and may be trademarks of their respective companies. Although Read King Commercial has obtained the information contained herein from sources it believes to be reliable, and believes the information to be correct, no representations or warranties, express or implied, are made as to the accuracy or reliability of this information. Any references to square footage or age are approximate only. The recipient bears sole responsibility for verification of the accuracy of the information contained herein and bears all risk for any inaccuracies. Read King Commercial shall have no liability or responsibility to any party for any loss or damage arising from reliance by any party on the information contained herein..
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