HOUSTON CENTRAL BUSINESS DISTRICT • 3.8 MILES TEXAS MEDICAL CENTER • 8 MILES WOODLAND HEIGHTS HOME VALUES UP TO $1.9M Heights High School N MAIN ST GREATER HEIGHTS HOME VALUES UP TO $2.3M Heights Blvd Trail Menchie’s Frozen Yogurt Collina’s Italian Heights Marketplace Future Wellness Heights W. 19th Street Bell Heights Urban Soles Outpost Heights Antiques On Yale Penzeys Spices Yale Street Grill Shopping District “Downtown of the Heights” W 20TH ST St. Joseph Medical Center Bernie's Burger Bus 2125 Yale Texas Children's Pediatrics First Saturday Arts Market Heights Asian Cafe Braun Enterprises YALE ST 17,962 Total SF Retail Yoga studio Heights Salon Two ~5,000 SF restaurants RUTLAND ST Future MF Development W 25TH ST One eight-story, 275-unit complex One six-story, 63-unit complex SITE ASHLAND ST SITE NICHOLSON ST Heights Market Trail W 27TH ST Holden Heights ±9.86 Acres at Rutland St and W. 25th St Largest Available Land Tract in the Houston Heights 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 David Marshall Dillon Mills Principal Senior Associate [email protected] [email protected] O 713-955-3126 O 713-955-3123 M 713-206-1574 M 713-254-3824 Tom Dosch Tripp Rich Principal Transaction Manager [email protected] [email protected] O 713-955-3125 O 713-955-3124 M 713-557-4455 M 936-635-6968 Clark Dalton Kenneth Danna Vice President Analyst [email protected] [email protected] O 713-955-3122 O 713-955-3120 M 832-449-2223 M 713-829-2615 ±9.86 ACRES IN THE HOUSTON HEIGHTS 2 Marketing Process Exclusive Representation Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of ±9.86 acres at Rutland Street and W. 25th Street in Houston, TX (Property). All inquiries about the Property should be GARDEN OAKS HOME VALUES UP TO $1.99M directed to DMRE. OPENING 2018 Due Diligence Information El Rey Taqueria The offering memorandum and survey(s) are available on YALE ST RUTLAND ST the Property website at www.dmreland.com. ASHLAND ST Other due diligence information is stored securely with a reputable file sharing service. DMRE will provide qualified, interested investors with a link to these materials. NICHOLSON ST W 26TH ST Heights Market Trail Offer Deadline SITE Offers will be due in late April or early May. W 25TH ST Holden Heights SITE Offer Requirements DMRE will provide potential buyers detailed offer W 24TH ST instructions, but in general, offers should be presented ASHLAND ST GREATER HEIGHTS in the form of a non-binding Letter of Intent, and should HOME VALUES UP TO $2.3M include: • Pricing • Due Diligence and Closing Timeframe W 23RD ST • Earnest Money Deposit • Description of Debt/Equity Structure • Qualifications to Close • Development Plans Purchase terms shall require cash to be paid at closing. Offers should be delivered to the attention of Tim Dosch, David Marshall, Tom Dosch, or Becky Hand via fax or email. ±9.86 ACRES IN THE HOUSTON HEIGHTS 3 Property Subdivision The Seller will consider selling the Property in one transaction or subdivided. See below for examples of potential transaction opportunities. A) Entire Site B) North or South Tract C) Partial North Tract(s), South Tract ASHLAND ST ASHLAND ST ASHLAND ST W 26TH ST W 26TH ST W 26TH ST RUTLAND ST Parcel A RUTLAND ST Parcel A Parcel B RUTLAND ST NICHOLSON ST NICHOLSON ST NICHOLSON ST Single Parcel W 25TH ST W 25TH ST W 25TH ST W 25TH ST W 25TH ST W 25TH ST Parcel B Parcel C W 24TH ST W 24TH ST W 24TH ST ASHLAND ST ASHLAND ST ASHLAND ST • Parcel size: ±9.86 acres • Parcel A: ±6.13 acres • Parcel A: ±3.00 acres • Property can be purchased as one transaction • Parcel B: ±3.73 acres • Parcel B: ±3.13 acres • Property can be subdivided • Parcel C: ±3.73 acres • Property can be subdivided ±9.86 ACRES IN THE HOUSTON HEIGHTS 4 Property Details Property Details Largest available tract in the Houston Heights LOCATION Partial block bounded by W. 26th St, Nicholson St, Rutland St and W. 25th St • Frontage on 5 streets: W. 26th St, Rutland St, Ashland St, W. 24th St, and W. 25th St N MAIN ST Partial block bounded by W. 25th St, Rutland St, Ashland St, and • Easy walking distance (less than 0.5 mi) to W. 19th Street Shopping District, the W. 24th St downtown of the Heights W 20TH ST • The Heights Market Trail is a few feet from the western edge of the property Houston, TX 77008 • The Property is ideally located very close to future development: just one block from LAT., LONG. 29.809660, -95.403235 the future HEB, 0.25 mile from the future 365 Whole Foods, and less than 0.5 mi from Heights Waterworks Heights Blvd Trail TOTAL SIZE ±9.86 acres • Superb highway access: Interstate 610 is just two blocks north of the Property SCHOOLS Houston ISD W. ree PRICE To be decided by market on rc “Downtown of the Heights” YALE ST GRETER HEGHTS 2017 Tax Rates HOME VALUES UP TO $2.3M 1 HOUSTON ISD 1.206700 W 22ND ST W 23RD ST 40 HARRIS COUNTY 0.418010 RUTLAND ST W 24TH ST 41 HARRIS CO FLOOD CNTRL 0.028310 SITE 42 PORT OF HOUSTON AUTHY 0.012560 SITE 43 HARRIS CO HOSP DIST 0.171100 44 HARRIS CO EDUC DEPT 0.005195 ASHLAND ST 48 HOU COMMUNITY COLLEGE 0.100263 61 CITY OF HOUSTON 0.584210 total 2.526348 W 25TH ST W 26TH ST W 27TH ST 2017 Demographics 0-1 mile 0-5 miles 0-10 miles EST. POPULATION W 28TH ST 16,458 150,036 420,031 Heights Market Trail 5-YR EST. POPULATION GROWTH 8.13% 7.33% 7.10% AVERAGE HOUSEHOLD INCOME $137,341 $112,484 $107,602 NICHOLSON ST MEDIAN OWNER-OCCUPIED HOUSING VALUES $285,361 $242,515 $204,345 ±9.86 ACRES IN THE HOUSTON HEIGHTS 5 Property Survey - North Tract ~408’ 131.00’ ~348’ 598.00’ 225.00’ 124.18’ 369.57’ 779.86’ ±9.86 ACRES IN THE HOUSTON HEIGHTS 6 Property Survey - South Tract 575.50’ 118.50’ 53.00’ 268.50’ 150.00’ 628.00’ ±9.86 ACRES IN THE HOUSTON HEIGHTS 7 Map - Major Local Highlights W 26TH ST Johnny' G SITE W 25TH ST SITE ST YALE FUTURE RETAIL W 24TH ST H Trail W 19TH ST SHPPNG DSTRCT DWNTWN HEGHTS Shopping Wellness OPENING FALL 2018 F H H C. I Almogabar' N awz S N S . I Theater FUTURE T Jubilee S HITS T RETAIL E R Ropolis cantile Hair IA T E Home Dramatika US T Texas Childrens . I Pediatrics Dining Boomt C G Z Kraftsme S ime H Bernie' Torchy' Tacos Hold' T R x Maryam' C C C C S Helms Elementary School H T W 21ST ST Future MF Development O Hamilton O 6 Middle School N SHEPHERD DR N DURHAM DR W 20TH ST 15,306 CPD St. Joseph Medical Center Me oom FUTURE T I DEVELOPMENT Fa C Cry TEAART A S Rant W19TH ST Braun Enterprises 96 T S R C R RIE I C Y YogaO S P Twist S H Trail Sturda W18TH ST Ar Menchie’ roze ogurt Future C’ I . I H HEIGHTS BLVD HEIGHTS U S O RUTLAND ST S ±9.86 ACRES IN THE HOUSTON HEIGHTS 8 ASHLAND ST NICHOLSON ST Aerial - West GRDEN S SHD CRES HOME VALUES UP TO $1.99M HOME VALUES UP TO $899K Mels Seafood Shack N DURHAM DR Gabbys BB Crossfit HTown Future Retail Development Throughgood Coffee N SHEPHERD DR Copper Penny risp Bird Batter Holden Heights NICHOLSON ST OPENING FALL 2018 Heights Market Trail ASHLAND ST ASHLAND ST SITE W 27TH ST SITE W 26TH ST RUTLAND ST W 25TH ST W 24TH ST W 23RD ST GRETER HEGHTS HOME VALUES UP TO $2.3M ±9.86 ACRES IN THE HOUSTON HEIGHTS 9 Aerial - North GARDEN OAKS HOME VALUES UP TO $1.99M OPENING 2018 El Rey Taqueria YALE ST RUTLAND ST ASHLAND ST NICHOLSON ST W 26TH ST Heights Market Trail SITE W 25TH ST Holden Heights SITE W 24TH ST ASHLAND ST GREATER HEIGHTS HOME VALUES UP TO $2.3M W 23RD ST ±9.86 ACRES IN THE HOUSTON HEIGHTS 10 Aerial - East WDLND HEGHTS EST HEGHTS HOME VALUES UP TO $1.9M HOME VALUES UP TO $1.4M N MAIN ST W 20TH ST Wellness Heights Heights ntiques n ale Heights Blvd Trail Yale Street Grill Angela’s ven Bernie's Burger Bus W. ree Texas Children's Pediatrics on rc OPENING Heights Salon 2125 Yale ohnnys Gold Brick “Downtown of the Heights” 2018 Heights sian Cafe YALE ST us Mac W 22ND ST W 23RD ST W 24TH ST RUTLAND ST SITE SITE GRETER HEGHTS HOME VALUES UP TO $2.3M ASHLAND ST W 25TH ST W 26TH ST W 27TH ST W 28TH ST Holden Heights Heights Market Trail NICHOLSON ST ±9.86 ACRES IN THE HOUSTON HEIGHTS 11 Area Highlights The Houston Heights Established in 1891, the Houston Heights W TC JESTER BLVD is one of Houston’s most distinct historic neighborhoods. Twenty-three feet higher than Houston’s Central Business District GRDEN S SHAD CRES HOME VALUES UP TO $1.99M located a few miles to the southeast, the ings BierHaus HOME VALUES UP TO $899K area provided relief from flood-prone Buf- Providence Heights Bar Hubcap Grill falo Bayou at the end of the 1800s.