3.65 ACRES FOR GROUND LEASE OR 9533 I-10 (KATY FWY) HOUSTON (HEDWIG VILLAGE), TX 77024 REDEVELOPMENT MEMORIAL HS Enrollment: 2,567 FUTURE DEVELOPMENT BUNKER HILL RD 800’ 10 200’ 454,689 CPD N PRIME INTERSTATE 10 LOCATION • Located directly on I-10 in Hedwig Village, the 3.65 acre property provides convenient access to major employment centers, shopping centers, well-known medical facilities, affluent neighborhoods, and top-ranked schools • Zoning, District B-3 (General/Business District) • Current height restrictions vary from 42’ - 70’ feet plus 4’ per parapet • Area is booming with new retail, office, hospitality and multi-family developments FOR GROUND LEASE 3.65 ACRES HOUSTON’S MOST OR VIBRANT CORRIDOR REDEVELOPMENT HOUSTON (HEDWIG VILLAGE), TX 77024 CITYCENTRE MEMORIAL HERMANN MEMORIAL CITY MALL VILLAGE PLAZA UPSCALE MIXED-USE DEVELOPMENT MEMORIAL CITY MEDICAL AT BUNKER HILL TOWN & COUNTRY VILLAGE The 33-story Memorial Hermann UPSCALE SHOPPING CENTER Tower includes Women’s Memorial Hermann and Children’s Memorial LOCATION Hermann – Houston’s first dedicated HIGHLIGHTS women’s and children’s facilities outside of the Texas Medical Center. RETAIL: • Memorial City Mall (1 mi.), CityCentre (2.4 mi.), Town & Country Village (2.6 mi.), Uptown/Galleria (8 mi.) SAM HOUSTON MIXED-USE • Memorial City Mall rated #2 mall in OFFICE/RETAIL Houston ($883/PSF in sales) TOLLWAY FUTURE DEVELOPMENT HOTEL USE WESTVIEW DR. • National tenants achieving 43% above FUTURE DEVELOPMENT HOTEL USE chain averages MIXED-USE FUTURE DEVELOPMENT SAM’S CLUB • #1 HEB in Texas, across I-10 OFFICE/RETAIL FUTURE DEVELOPMENT MEDICAL: Memorial Hermann - Memorial City Medical Center (1.6 mi) • 2.5 million SF Class A medical and professional offices 10 10 10 • 1,600 employees • 426 licensed hospital beds BUSINESS/NEW DEVELOPMENTS • Memorial City Plaza (1 mi.), Energy Corridor (7.4 mi.), Westchase District (7.4 BUNKER HILL RD. MEMORIAL CITY mi.), Central Business District (12 mi.) • New Hotel ZaZa under development SAM HOUSTON MEMORIAL HS Enrollment: 2,567 PRESTIGIOUS NEIGHBORHOODS: TOLLWAY HEDWIG VILLAGE SPRING BRANCH MS • Hedwig Village, Piney Point Village, Enrollment: 1,163 Bunker Hill Village, Hunters Creek MEMORIAL MS Enrollment: 1,411 FUTURE DEVELOPMENT Village, Memorial ECHO LANE 77024 IS ONE OF THE MOST RETAIL/BUSINESS SCHOOL FUTURE DEVELOPMENT ENTERTAINMENT AFFLUENT ZIP CODES IN TEXAS RESTAURANTS/DINIING HOTELS & LODGING HOSPITAL/MEDICAL FACILITY RESIDENTIAL COMMUNITY FOR GROUND LEASE OR 3.65 ACRES 9533 I-10 (KATY FWY) REDEVELOPMENT HOUSTON (HEDWIG VILLAGE), TX 77024 ASKING GROUND 2017 EST. DEMOGRAPHICS ANNUAL NNN LEASE RATES 1 MILE 3 MILES 5 MILES Parcel 1 1.44 Acres $325k Population 14,646 140,073 420,992 Parcel 2 0.94 Acres $275k Daytime Population 34,592 160,391 606,022 Parcel 3 1.27 Acres $250k Average Household Income $107,659 $127,213 $99,394 Total Site 3.65 Acres $850k CONCEPTUAL PLAN PARCEL 1 PARCEL 2 PARCEL 3 1.44 ACRES 0.94 ACRES 1.27 ACRES 62,726 SF 40,946 SF 55,321 SF 10 GAYLORD DR PROPOSED RECIPROCAL ACCESS EASEMENT 320 FT 205 FT 280 FT 8 FOR GROUND LEASE OR 3.65 ACRES 9533 I-10 (KATY FWY) REDEVELOPMENT HOUSTON (HEDWIG VILLAGE), TX 77024 HILSHIRE VILLAGE 1 SAM HOUSTON SPRING VALLEY TOLLWAY 2 VILLAGE EXIT-758 EXIT-758 EASTBOUND 10 10 WESTBOUND HEDWIG 3 VILLAGE CITYCENTRE MEMORIAL CITY TOWN & COUNTRY VILLAGE BUNKER HILL RD. HUNTERS CREEK ECHO LANE 6 VILLAGE GESSNER RD. SAM HOUSTON BUNKER HILL PINEY POINT 4 VILLAGE 5 VILLAGE TOLLWAY VOSS RD. VOSS PINEY POINT RD. EASTBOUND I-10 WESTBOUND I-10 FROM SUBDIVISIONS FROM MEMORIAL CITY MALL AVERAGE AVERAGE RESIDENTIAL COMMUNITY HOME VALUE HH INCOME 1 Hilshire Village $837K $222K 2 Spring Valley Village $997K $176K 2015 EST. TRAFFIC COUNTS CARS PER DAY 3 Hedwig Village $1.03M $164K Bunker Hill north of I-10 24,070 4 Bunker Hill Village $1.5M $245K Bunker Hill south of I-10 23,520 5 Piney Point Village $3.6M $270K I-10 west of Bunker Hill 454,689 6 Hunters Creek Village $1.63M $260K I-10 east of Bunker Hill 386,997 FOR MORE INFORMATION PLEASE CONTACT: DARIN GOSDA, CPA JAZZ HAMILTON NOLAN MAINGUY 2800 Post Oak Blvd, Senior Vice President First Vice President Associate Suite 2300, 713-577-1819 713-577-1805 713-577-1841 Houston TX 77056 [email protected] [email protected] [email protected] © 2017 CBRE, Inc. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. We obtained the information herein from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. All marks displayed on this document are the property of their respective owners. TX OK-308301..