GREENBERG Great Location Downtown & COMPANY
FOR SALE
PROPERTY INFORMATION
Building Size: 20,000 SF 421 Fannin St Houston, TX 77002 Land Size: .295 acres
Space Available:
10,000 SF - First Floor 10,000 SF - Second Floor
SALE PRICE: CALL FOR DETAILS
Contact Information: This is a two-story Retail/Office Building. The building is encased with framed windows David Greenberg giving high visibility of premier office space along Fannin. It is located in the Historic District, downtown Houston between Prairie St and Preston. The Historic District is [email protected] Houston’s original town center. It is located moments from Minute Maid Park, George R. Brown Convention Center, the Toyota Center, Jones Hall, Harris County courts complex, professional offices and the University of Houston-Downtown. Immediate access to highway 59 East, I-45 South and West, and I-10 North. The building is also in the perfect location to access the METRORail, which runs from the University of Hou- ston to Reliant Park. Exterior renovated in 2006.
2011 Demographics 3-Mile 5-Mile GREENBERG & COMPANY Population Estimate 162,331 382,863 5959 Richmond Ave. Suite 440 # of Households 66,240 153,691 Houston, TX. 77057 Average H.H. Income $76,303 $82,340 Phone: 713-778-0900 Fax: 713-782-7445
www.greenbergcompany.com GREENBERG & COMPANY 421 FANNIN ST
SURVEY
Contact Information:
David Greenberg
GREENBERG & COMPANY 5959 Richmond Ave. Suite 440 Houston, TX. 77057 Phone: 713-778-0900 Fax: 713-782-7445
www.greenbergcompany.com GREENBERG & COMPANY 421 FANNIN ST PARKING OPTIONS
Option 1 Option 2 Option 3 Option 4 ACE PARKING AMPCO System Parking WINPARK Christ AMPCO Binz Building 412 Fannin St. 415 San Jacinto Church Garage (Between Prairie St. & Preston (Between Prairie St. & Preston St.) Cathedral Garage 1015 Texas St. St.) 1210 Preston St. (Between Fannin St. & Main St.) 1055 Prairie St. (Between Caroline St. & San Jacinto 541 San Jacinto (Between Texas Ave. & Prairie 538 Fannin St. (Between Fannin St. & Main St.) St.) (Between Texas St. & Prairie St.) 1046 Preston St. Mon.– Sun. 24 HR St.) Mon.– Fri. 5AM-11PM Mon.– Fri. 5:30 AM-8PM (Between Fannin St. & Main St.) Outdoor Lot - Self Parking Sat.-Sun. CLOSED Mon.– Sun. 6AM-7PM Credit Cards Accepted Sat.-Sun. CLOSED Indoor Garage- Self Parking Indoor Garage - Self Parking NO OVERNIGHT PARKING Rate: $5.00 - $11.00 NO OVERNIGHT PARKING Outdoor Lot - Self Parking Rate: $8.00 CASH ONLY Rate: $4.00 - $8.00 Rate: $6.00 - $10.00 CASH or CHECK ONLY Credit Cards Accepted
New Developments in Downtown
(1)
(2)
(3)
(1) Hines Tower (2) Houston Luxury (3) Marriott Marquis 03/14/2014 Apts. 04/2014 47 Stories 309 Apts., 1,065 sf avg. Houston Forst Corp. 1,050,000 sf 550-car garage Rida Development 609 Main at Travis 8,000 sf of retail ~ 1,000 rooms Site prep 11/2013 Add 34-41 ksf to structure Begin construction 04/14 Excavation and foundation Construction Nov 2013 + Opening: Jan 2017 work starts 03/2014 20-24 mos Related plans include Construction: 36 Months Units available 13-14 mos 1,800 - space parking And 20-24 mos Garage north of GRBCC $95 million redevelopment Built 1915,1938 425,000 square feet Information on Downtown Houston
Downtown Visitors Major Shopping Area Comparisons
Venue Annual Visitors Residential Minute Maid Park 2,067,016 Retail Area Residents/1Mile Residents/3Mile Convention Center 738,914 Greenstreet/Downtown 23,594 167,801 Toyota Center 1,511,273 The Galleria 17,925 181,618 Discovery Green Park 1,200,000 Memorial City Mall 14,075 120,762 Downtown Hotels 1,203,274 The Woodlands Mall 3,442 47,277 GreenStreet (Formerly Houston Pavilions) 625,000 Central Library 550,000 Office Workers Theater District Venues 1,927,214 Retail Area Workers/1 Mile Special Events 1,805,000 GreenStreet/Downtown 150,000 TOTAL 11,627,691 The Galleria 63,271 Memorial City Mall 16,015 Students The Woodlands Mall 16,283
Universities (In Downtown) Students * Source: Downtown Retail Task Force University of Houston Downtown 13,000 Some Impressive Numbers South Texas College of Law 1,278 Over 55,000 residents in and around Downtown Houston
42% of Downtown Houston residents have a Household Universities (With METRORail Access) Students Income of $75,000 University of Houston 40,000 220,000 people visit Downtown on a daily basis Rice University 6,082 150,000 Office workers in Downtown Houston TOTAL 60,360 In 2011 consumers spent $248 Million in goods & services in the Downtown Area Parking Weekday METRORail ridership is approximately 40,000 Type # of Spaces Contact Information: On-Street Meters (free > 6pm and Sundays 2,500 Parking Lot 24,344 David Greenberg
Parking Garage 75,142 [email protected] TOTAL 101,689 www.greenbergcompany.com