±2.1 ACRES AT 5850 SAN FELIPE ST BROKER CONTACT: JP Hayes, Vice President | [email protected] | 713.955.4473 Downtown 158K + 50M + SF 12 Fortune 500 jobs office space companies GREENWAY BLVD PLACE WILLIAMS TOWER · World’s tallest skyscraper outside MEMORIAL PARK FOUR OAKS PLACE of a central business district One of the largest urban · 1.4 M+ SF Class A Office parks in the US. FOUR LEAF TOWERS CORPORATE OFFICE THE GALLERIA UPTOWN PARK TANGLEWOOD MS HEADQUARTERS SAN FELIPE PLAZA WESTHEIMER RD 1M SF CLASS A OFFICE SPACE TANGLEWOOD Home Values up to $5.9M GABLES TANGLEWOOD T.H. ROGERS AUGUSTA DR SCHOOL TATE AT TANGLEWOOD ±2.1 ACRES 5850 SAN FELIPE ST TANGLEWOOD CONDOMINIUM SAN FELIPE ST FOUNTAIN VIEW DR BRIARGROVE Home Values up to $2.5M dmre.com 1 PROPERTY DETAILS 5850 San Felipe St ADDRESS Houston, TX 77057 LAT., LONG. 29.750601, -95.483204 SIZE ±2.1 Acres UTILITIES Available HISD: Briargrove Elementary SCHOOLS Grady MS Lee HS PARCEL ID 0690910000034 OWNER 5850 SIERRA HOLDINGS LLC PRICE Call for pricing RESTRICTIONS None LEGAL TR 27C POST OAK ESTATES DETENTION Onsite FLOODPLAIN No dmre.com 2 BUILDING DETAILS FLOORS 6 Floors TOTAL SF 101,872 SF 1ST FLOOR SF 16,142 SF 2ND FLOOR SF 17,085 SF 3RD FLOOR SF 17,915 SF 4TH FLOOR SF 16,166 SF 5TH FLOOR SF 17,500 SF 6TH FLOOR SF 17,064 SF PARKING 373 Total Spaces OCCUPANCY 77.46% dmre.com 3 2019 DEMOGRAPHICS 0-1 mi 0-3 mile 0-5 miles 2019 POPULATION ESTIMATE 26,595 181,326 512,103 5-YR EST. POPULATION GROWTH 2.9% 3.4% 2.9% AVERAGE HOUSEHOLD INCOME $143,103 $126,743 $128,659 MEDIAN VALUE OF OWNER OCCUPIED HOUSING UNITS $282,189 $336,214 $321,025 2019 TAX RATES MAKING AN OFFER 001 HOUSTON ISD 1.136700 Offers should be presented in the form of a non-binding Letter of Intent, and should include: 040 HARRIS COUNTY 0.407130 • Pricing • Description of Debt/Equity Structure 041 HARRIS CO FLOOD CNTRL 0.027920 042 PORT OF HOUSTON AUTHY 0.010740 • Due Diligence and Closing Timeframe • Qualifications to Close 043 HARRIS CO HOSP DIST 0.165910 • Earnest Money Deposit • Development Plans 044 HARRIS CO EDUC DEPT 0.005000 Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the marketing and sale of this property. 048 HOU COMMUNITY COLLEGE 0.100263 All inquiries about the Property should be directed to DMRE. 061 CITY OF HOUSTON 0.567920 CLICK HERE FOR LISTING TOTAL 2.421583 dmre.com 4 dmre.com 4 AREA HIGHLIGHTS MEMORIAL CITY · 38TH LARGEST MALL IN THE US. · 2.9M SF CLASS A OFFICE SPACE. ENERGY CORRIDOR COUNTRY SQUIRE ESTATES Home Values up to $6.9M 2ND LARGEST MEDICAL CAMPUS IN HOUSTON WITH 2.5M SF S VOSS RD DMRE TRANSACTION SAN FELIPE PLAZA 1M SF CLASS A OFFICE SPACE BRIARGROVE Home Values up to $2.5M FOUNTAIN VIEW DR ±2.1 ACRES 5850 SAN FELIPE ST AUGUSTA DR SAN FELIPE ST T.H. ROGERS SCHOOL GABLES TANGLEWOOD TANGLEWOOD Home Values up to $5.9M dmre.com 5 PROPERTY SURVEY 201.75' 454.28' ±2.1 ACRES 454.28' 201.75' dmre.com 6 AREA HIGHLIGHTS dmre.com 7 PRIME LOCATION PRIME DEVELOPMENT SITE NEAR UPTOWN/GALLERIA • Occupies 500 acres in the 15th largest business district in the US with 2,000+ companies and 26M+ SF of commercial space. • Adjacent to the highly rated T.H. Rogers School; an alternative and primary school that has a student population of 900+ students and a specialized staff of over 200. • Located at a signalized intersection with close adjacency to the H-E-B anchored retail center; Tanglewood Court. CONVENIENT ACCESS TO 610 VIA SAN FELIPE • Loop 610 is 1.64 miles east of the property. • I-10 is located 2.3 miles north of the Property CLOSE TO HOUSTON’S BEST ENTERTAINMENT AND RETAIL • Located about a mile from the Galleria, the U.S.’ fourth largest retail complex and No. 1 performing mall in Houston. • Memorial Park, River Oaks, Upper Kirby, The Heights, Washington Corridor, Rice Village, and The Galleria Memorial City are within 5 miles of the Property. Uptown/Galleria Tanglewood Court - H-E-B Memorial Park dmre.com 8 dmre.com 8 LISTINGS TEAM JP Hayes David Marshall Tim Dosch Vice President Principal Principal [email protected] [email protected] [email protected] 713.955.4473 713.955.3126 713.955.3127 Tom Dosch Clark Dalton Principal Senior Vice President [email protected] [email protected] 713.955.3125 713.955.3122 MARKETING & OPERATIONS TEAM Courtney Ray Jessica Mercado Joann Lim Jessica Lukert Marketing Director Administrative Coordinator Marketing Coordinator Administrative Coordinator dmre.com 9 INFORMATION ABOUT BROKERAGE SERVICES 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. Before working with a real estate broker, you should know IF THE BROKER ACTS AS AN INTERMEDIARY: If you choose to have a broker represent you, that the duties of a broker depend on whom the broker A broker may act as an intermediary between the parties if you should enter into a written agreement with the represents. If you are a prospective seller or landlord (owner) the broker complies with The Texas Real Estate License Act. broker that clearly establishes the broker’s obligations or a prospective buyer or tenant (buyer), you should know The broker must obtain the written consent of each party to and your obligations. The agreement should state how that the broker who lists the property for sale or lease is the the transaction to act as an intermediary. The written consent and by whom the broker will be paid. You have the right owner’s agent. A broker who acts as a subagent represents must state who will pay the broker and, in conspicuous bold to choose the type of representation, if any, you wish the owner in cooperation with the listing broker. A broker or underlined print, set forth the broker’s obligations as an to receive. Your payment of a fee to a broker does not who acts as a buyer’s agent represents the buyer. A broker intermediary. The broker is required to treat each party honestly necessarily establish that the broker represents you. may act as an intermediary between the parties if the and fairly and to comply with The Texas Real Estate License Act. If you have any questions regarding the duties and parties consent in writing. A broker can assist you in locating responsibilities of the broker, you should resolve those a property, preparing a contract or lease, or obtaining A broker who acts as an intermediary in a transaction: questions before proceeding. financing without representing you. A broker is obligated by law to treat you honestly. 1. shall treat all parties honestly; IF THE BROKER REPRESENTS THE OWNER: 2. may not disclose that the owner will accept a price less than The broker becomes the owner’s agent by entering into an the asking price unless authorized in writing to do so by the agreement with the owner, usually through a written - listing owner; agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent 3. may not disclose that the buyer will pay a price greater than may work in a different real estate office. A listing broker or the price submitted in a written offer unless authorized in subagent can assist the buyer but does not represent the writing to do so by the buyer; and buyer and must place the interests of the owner first. The 4. may not disclose any confidential information or any buyer should not tell the owner’s agent anything the buyer information that a party specifically instructs the broker in would not want the owner to know because an owner’s agent writing not to disclose unless authorized in writing to disclose must disclose to the owner any material information known the information or required to do so by The Texas Real Estate to the agent. License Act or a court order or if the information materially relates to the condition of the property. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer’s agent by entering into an With the parties’ consent, a broker acting as an intermediary agreement to represent the buyer, usually through a written between the parties may appoint a person who is licensed under buyer representation agreement. A buyer’s agent can assist The Texas Real Estate License Act and associated with the the owner but does not represent the owner and must place broker to communicate with and carry out instructions of one the interests of the buyer first. The owner should not tell a party and another person who is licensed under that Act and buyer’s agent anything the owner would not want the buyer associated with the broker to communicate with and carry out to know because a buyer’s agent must disclose to the buyer instructions of the other party. any material information known to the agent. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. BROKER FIRST NAME LICENSE NO. EMAIL PHONE BUYER, SELLER, LANDLORD OR TENANT BUYER, SELLER, LANDLORD OR TENANT Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC).