Value Add Industrial DOWNTOWN HOUSToN 1020 WEST STEET | HOUSTON, TX 77020 ™ OFFERING MEMORANDUM LISTED BY: Kate Fernandez ASSOCIATE
[email protected] DIR (214) 295-4893 MOB (214) 783-2443 LIC # 725123 (TX) Andrew Gross MARKET LEADER
[email protected] DIR (214) 295-4511 MOB (435) 659-1404 LIC # 01987860 (CA) BROKER OF RECORD KYLE MATTHEWS LIC # 9005919 (TX) Contents 4 INVESTMENT HIGHLIGHTS 5 SURROUNDING TENANTS 8 PROPERTY OVERVIEW 9 AREA OVERVIEW INVESTMENT HIGHLIGHTS » Great visibility - located at the intersection of Highway 10 (163,000 VPD) and Highway 69 (142,000 VPD), just two miles from downtown Houston » Houston is a top 5 MSA by population, with over 1,378,507 people in the 10-mile radius » Less than 5 miles from the University of Houston (38,597 undergraduate enrollment) and Rice University (3,989 undergraduate enrollment) » Strong Industrial Location – Less than 10 miles from Port of Houston, William P Hobby Airport (6 million passengers per year), and Union Pacific Rail Yard • GREAT OWNER USER OR INVESTMENT/VALUE ADD INDUSTRIAL PROPERTY » Facility is 68% occupied, making it ideal for an owner-user to benefit from the space or for a value add investor to fill the space » Cityside Crossfit is a CrossFit gym that focuses on providing first-rate coaching and purposeful programming to the Houston metroplex 4 | MATTHEWS REAL ESTATE INVESTMENT SERVICES™ 1020 West St| Houston, TX | 5 DOWNTOWN ± 14 MILES AWAY HOUSTON DOWNTOWN INTERSTATE 10 MIDDAY LOT METRO ± 163,000 VPD DOWNTOWN HENNESSY PARK CEMEX DOWNTOWN KH TRADING