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±3.34 Acres at 1609 Ennis East Downtown, Houston, TX 77003

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±3.34 Acres at 1609 Ennis East Downtown, Houston, TX 77003 DOWNTOWN HOUSTON • 0.7 MILE MIDTOWN DINING - NIGHTLIFE - ARTS & ENTERTAINMENT FUTURE DEVELOPMENT Around the Corner ANCORIAN’S East Village EMANCIPATION AVE Brothers Taco House Cafe TH Little Woodrow's Eado PEASE ST Kim Son Restaurant Lucky's Pub The Cajun Stop Warehouse Live Sparkle's Hamburger Spot District 7 Grill EADO HOME PRICES UP TO $590K MIDTOWN VILLAGE LEELAND GARDENS EaDo Fitness Home Prices up to $285K Home Prices up to $350K BELL ST ENNIS ST NEW TOWNHOMES Home Prices up to $400K East End Hardware Bar ±3.34 ACRES 1609 ENNIS LEELAND ST Metamorphose Studios ±3.34 Acres at 1609 Ennis East Downtown, Houston, TX 77003 OFFERING MEMORANDUM Contacts, Due Diligence, & Offer Requirements Tim Dosch Becky Hand Dosch Marshall Real Estate Principal Senior Associate 713.955.3120 [email protected] [email protected] O 713-955-3127 O 713-955-3121 777 Post Oak Blvd Houston, TX 77056 M 713-459-8123 M 918-629-5592 www.dmreland.com Exclusive Representation David Marshall Dillon Mills Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the dis- Principal Senior Associate position of ±3.34 acres at 1609 Ennis in Houston, TX [email protected] [email protected] (Property). All inquiries about the Property should be O 713-955-3126 O 713-955-3123 directed to DMRE. M 713-206-1574 M 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 Transaction Manager Offer Requirements [email protected] [email protected] Offers should be presented in the form of a non-bind- O 713-955-3125 O 713-955-3124 ing Letter of Intent, and should include: M 713-557-4455 M 936-635-6968 • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit • Description of Debt/Equity Structure • Qualifications to Close Clark Dalton Kenneth Danna • Development Plans Vice President Analyst Purchase terms shall require cash to be paid at clos- [email protected] [email protected] ing. Offers should be delivered to the attention of Tim O 713-955-3122 O 713-955-3120 Dosch, David Marshall, Tom Dosch, or Becky Hand via M 832-449-2223 M 713-829-2615 fax or email. ±3.34 ACRES AT 1609 ENNIS 2 TEAS EICA CENTER 3 IES AERIATN ISTRICT 6. IES MIDTOWN DINING - NIGHTLIFE - ARTS & ENTERTAINMENT GREATER THIRD WARD Property Details UNIVERSITY OF HOUSTON - TDECU STADIUM - TEXAS SOUTHERN UNIVERSITY Property Details LOCATION ±3.34 Acres at 1609 Ennis, Houston, TX 77003 LAT., LONG. 29.740923, -95.351767 EaDo Fitness TOTAL SIZE ±3.34 Acres MIDTOWN VILLAGE Home Prices up to $285K PARCEL ID 0410310020008; multiple parcels NEW TOWNHOMES Home Prices up to $400K COUNTY Harris LEELAND GARDENS SCHOOLS Houston ISD Home Prices up to $350K ENNIS ST PRICE To be decided by market .4 ACRES 1609 ENNIS 2017 Tax Rates LEELAND ST 1 HOUSTON ISD 1.206700 40 HARRIS COUNTY 0.418010 41 HARRIS CO FLOOD CNTRL 0.028310 42 PORT OF HOUSTON AUTHY 0.012560 43 HARRIS CO HOSP DIST 0.171100 LEELAND ST 44 HARRIS CO EDUC DEPT 0.005195 48 HOU COMMUNITY COLLEGE 0.100263 Excellent Development Opportunity in EADO 61 CITY OF HOUSTON 0.584210 • 0.7 miles from Downtown Houston, which has over 150,000 employees, 3,000+ 995 EAST DOWNTOWN MNG DST 0.125000 businesses and 50.4 million SF office space Total 2.651348 • Fast access to Downtown directly via Leeland St • Estimated 14% population growth in five years within one mile of the Property • Located on the block adjacent to I-45 • Adjacent to new and established townhome development with homes up to $400K 2017 Demographics • Located along the Columbia Tap Rail Trail 0-1 mile 0-3 miles 0-5 miles Distance to Major Employment Areas EST. POPULATION 15,466 202,853 479,189 • Downtown Houston: 0.7 mile 5-YR EST. POPULATION GROWTH 14.00% 7.62% 8.18% • BBVA Compass Stadium: 0.6 mile • Ancorian’s East Village (future development): 0.6 mile AVERAGE HOUSEHOLD INCOME $75,237 $90,968 $100,996 • Midtown: 0.75 mile MEDIAN OWNER-OCCUPIED HOUSING VALUES $207,206 $189,161 $185,637 ±3.34 ACRES AT 1609 ENNIS 3 Property Survey ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” ” “ ” “ ” TALIA VILLAGE 12651 BRIAR FOREST, SUITE 350 HOUSTON, TEXAS 77077 (tel) 281-741-1998 (fax) 281-741-2068 ±3.34 ACRES AT 1609 ENNIS 4 Property Survey ±3.34 ACRES AT 1609 ENNIS 5 East Downtown Upcoming Developments EaDo is a vibrant neighborhood rich with history, inter- East Village by Ancorian True Anomaly Brewing esting sites, thriving businesses and entertainment • 2-block mixed-use complex planned along St. Emanuel • 8,000 square feet at 2012 Dallas St. in the second and the best of downtown living. EaDo is remarkably and Hutchins Sts. between Polk and Lamar in East phase of Ancorian’s East Village development situated near Houston’s largest employment centers: Downtown • Founded by four current and former NASA employees Downtown, the Texas Medical Center, and the Hous- ton Ship Channel. • Combines several land parcels with mid century indus- • Scheduled to open in Fall 2018 trial buildings that are being adapted and repurposed With unmatched views of the growth area of the as restaurant, bar, distillery, and creative office spaces Under Construction downtown skyline, East Downtown also brings you • Phase I includes around 60,000 square feet of retail within walking distance of Discovery Green Park, and office space: Pitch 25 Minute Maid Park (Astros), the George R. Brown • Poku Poke, a new poke restaurant. Poke is diced raw • Premier soccer bar and restaurant in Houston Convention Center, the Toyota Center (Rockets), and fish-like ahi tuna or yellowtail served in a bowl over • Inside and outside bar will have over 100 taps each the BBVA Compass Stadium (Dynamo). rice and vegetables. • Features its own soccer field With access to great neighborhood amenities from all • Truck Yard, an “adult playground” bar concept out • Uniquely positioned within one mile of 3 major league of the major freeways, major thoroughfares, METRO of Dallas. Truck Yard will have a 20,000-square-foot sports stadiums (Houston Dynamo, Astros, and Rock- Transit, and METRO Light Rail (LRT) from the East patio and 4,000 square feet of indoor space. Local ets) End and Southeast corridors connecting to Downtown food trucks will be able to park on the bar’s patio. and the Main Street Red Line, connectivity to all points Developers are bringing in large, mature trees that of interest in the Houston area is convenient. will provide shade on the patio. • Rodeo Goat, another Dallas concept, leased 5,000 From eadohouston.com square feet of indoor space and 4,000 square feet of patio space. The icehouse’s burger was named the best burger in the Dallas-Fort Worth area in the Fort Worth Star-Telegram in 2013. • Agricole Hospitality also leased 15,000 square feet in the East Village for a multi-concept development that’ll include a New York-style pizza joint, a break- EAST VILLAGE BY ANCORIAN EAST VILLAGE BY ANCORIAN fast spot and a cocktail bar. Agricole is behind Eight Row Flint, Coltivare and Revival Market. ±3.34 ACRES AT 1609 ENNIS 6 NTN STN 0. IE Minute Maid Park George R Brown Center ittle oodrows Eado BBVA Comass Stadium FT VPMT uckys Pub ACRAS East Village arehouse ive Green Hill Recycling Management Houston Shoe Hosital EADO ETE Home Prices up to $590K Blooming Gallery V ood Suly POLK ST. Distinctive Details CLAY ST. ong ee Market Davita Summit Dialysis Center LEELAND GARDENS Home Prices up to $350K East End Hardware Bar BELL ST. ENNIS ST. MIDTOWN VILLAGE PALMER ST. Home Prices up to $285K LEELAND ST. Metamorhose Studios ±3.34 ACRES 1609 ENNIS VELASCO ST. Columbia Ta RailTrail ±3.34 ACRES AT 1609 ENNIS 7 AIRRT 9.4 IE GREATER THRD WARD UNIVERSITY OF HOUSTON - TDECU STADIUM - TEXAS SOUTHERN UNIVERSITY Home Prices up to $600K ak arms Dairy Energy nstitute ak arms Dairy High School Columbia Ta RailTrail VELASCO ST. NEW TOWNHOMES Home Prices up to $400K Metamorhose Studios ±3.34 ACRES 1609 ENNIS MIDTOWN VILLAGE East End Hardware Bar PEACE ST. Home Prices up to $285K ENNIS ST. LEELAND ST. LEELAND GARDENS Home Prices up to $350K ±3.34 ACRES AT 1609 ENNIS 8 EAST DOWNTOWN Home Prices up to $375K SECOND WARD Houston Shoe Hosital Home Prices up to $450K Green Hill Recycling E TOOKE Management ong ee Restaurant Distinctive Details V ood Suly DaVita Summit EADO Dialysis Center Home Prices up to $590K ak arms Dairy PALMER ST. BELL ST. East End Hardware Bar Metamorhose Studios DELANO ST. VELASCO ST. LEELAND ST. LEELAND GARDENS Home Prices up to $350K Columbia Ta RailTrail ±3.34 ACRES PEACE ST. 1609 ENNIS MIDTOWN VILLAGE Home Prices up to $285K ENNIS ST. ±3.34 ACRES AT 1609 ENNIS 9 Downtown Houston 0.7 miles from the Property GEORGE R BROWN CONVENTION CENTER Employment Entertainment & Attractions • Over 150,000 employees • Over ten million people visit Downtown annually • Over 3,000 businesses and 50.4 million SF office • 22 hotels and 7,300 hotel rooms space • 9 major performing arts organizations • Class A office occupancy at 85.6% • 2 million SF retail space • 754,000 SF of office space is under construction • Over 300 restaurants, coffee shops, and bars, includ- • Hosts 20 of Houston’s 26 Fortune 500 companies; 9 ing the renowned Xochi, Potente and Local Foods have their headquarters in Downtown Houston Top Employers Toyota Center MINUTE MAID PARK TOYOTA CENTER • Home of the NBA’s Houston Rockets Employer # Employees • The Toyota Center has a total of 750,000 square feet, with 18,300 seats available for basketball, 17,800 for Chevron 8,600 hockey, and 19,000 for concerts,
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