±3.71 Acres in the Founder’s District DOWNTOWN HOUSTON·14.8 MILES
Memorial City · 2 miles ~38th largest mall in the US ~2.9M SF Class A office space
GALLERIA UPTOWN·10 MILES
SPRING VALLEY VILLAGE Home Values up to $3M
311,
584
SHADOW WOOD
Home Values up to $1.5M
Memorial Hermann · 2.1 miles ~2nd largest medical campus in Houston with 2.5M SF
VPD
Village Plaza at Bunker Hill · 3.3 Miles
SHADOW OAKS
Home Values up to $500K
WE
STV
IEW
DR 146,000 VPD 17
,87
0V
PD
±3.71 ACRES 12,189 VPD
ROSEMONT TERRACE Home Values up to $300K
BRITTMOORE RD
The Founders District mixed use development coming soon
B R O K E R C O N TA C T Clark Dalton, Senior Vice President | clark.dalton@dmre.com | 713.955.3122
Property Details
At A Glance 2018 TAX RATES
DETAILS ADDRESS
LAT., LONG.
SIZE
UTILITIES
Dosch Marshall Real Estate (DMRE) has been exclusively retained to represent the Seller in the disposition of this property.
All inquiries about the Property should be directed to DMRE.
1314 Brittmoore Rd., Houston, TX 77043
29.794492, -95.566680
±3.71 acres
SPRING BRANCH ISD
1.394500
040
HARRIS COUNTY
0.418580
041
HARRIS CO FLOOD CNTRL
0.028770
042
PORT OF HOUSTON AUTHY
0.011550
043
HARRIS CO HOSP DIST
0.171080
044
HARRIS CO EDUC DEPT
0.005190
061
CITY OF HOUSTON
0.588310
Available
Spring Branch ISD: Sherwood Elementary SCHOOLS
025
School; Spring Oaks Middle School; Stratford High School
CLICK HERE FOR LISTING
TOTAL
2.61798
2018 DEMOGRAPHICS 0-1 mi
0-3 mile
0-5 miles
110,349
315,385
Est. Population 2018 7,600
5-Yr Est. Population Growth
MAKING AN OFFER
Offers should be presented in the form of a non-binding Letter of Intent, and should include: • Pricing • Due Diligence and Closing Timeframe • Earnest Money Deposit
• Description of Debt/ Equity Structure • Qualifications to Close • Development Plans
DETENTION
Off-site
OWNER
Panther Brittmoore LLC
PRICE
Call for pricing
1.1%
5.4%
Average Household Income $169,947
$124,366
$106,846
Median Value Of Owner Occupied Housing Units $222,263
RESTRICTIONS
4.5%
$258,549
$255,926
None
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Area Highlights
Facing South
Town & Country Village · 0.8 mile ~400,000 ft of prime retail.
WESTCHASE·5.6 MILES
Citycentre · 1 mile ~625,000 SF of class A office space ~500,000 SF of prime retail with 90+ retailers
MEMORIAL VILLAGE Home Values up to $3M
146,000 VPD
17,870 VPD
±3.71 ACRES
,1
89
VP
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The Founders District mixed use development coming soon
12
,58
311
WESTVIEW DR
D
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Area Highlights
The Founders District
HIGHLIGHTS • Will include office, retail, entertainment, and residential. • The Cannon is coming April 2019 and is a coworking environment for entrepreneurs. • In addition to office space, The Cannon will consist of a movie theatre, game room, event space, full service kitchen, and health and wellness room.
SITE
BRI TTM
OO
RE
RD
SITE
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Area Highlights THE CANNON RENDERINGS
5
Area Highlights PRIME LAND SITE IN MEMORIAL NEAR HOUSTON’S BEST ENTERTAINMENT AND RETAIL • CityCentre, Memorial City, and Town & Country Shopping Center are within 3 miles of the property
CONVENIENT ACCESS TO BELTWAY 8 AND I-10 CLOSE TO THE ENERGY CORRIDOR, THE SECOND LARGEST EMPLOYMENT CENTER IN THE REGION Educated workforce of more than 94,000 employees Home to more than 300 multinational companies Over 2.9 million square feet of retail Over 26,000 acres of natural space and 50 miles of bike trails and running trails
S
DOWNTOWN HOUSTON 14.8 MI
ILE
1M
ILE
BEAR CREEK PIONEERS PARK
BRITTMOORE RD
THE ENERGY CORRIDOR 5.3 MI
2M
• • • •
N ELDRIDGE PKWY
WIRT RD
±3.71 ACRES
G LON
ENERGY CORRIDOR 6 MILES
T RD POIN
WESTVIEW DR
MEMORIAL HERMANN
CITYCENTRE
AUTUMN OAKS HOME VALUES UP TO $700K BENDWOOD PARK
MEMORIAL PLAZA HOME VALUES UP TO $1.5M
LONG MEADOW HOME VALUES UP TO $2.3M
FONN VILLAGE HOME VALUES UP TO $1.6M
MEMORIAL GLEN HOME VALUES UP TO $1.5M
MEMORIAL BEND CONDO VALUES UP TO $400K
BUNKER HILL HOME VALUES UP TO $4M
BUNKER HILL R
DAIRY ASHFORD RD
N KIRKWOOD RD
MEMORIAL BEND HOME VALUES UP TO $1.5M
GESSENER RD
TOWN & COUNTRY VILLAGE
MEMORIAL CITY MALL
BUNKER HILL RD
N WILCREST DR
MEMORIAL VILLAGE HOME VALUES UP TO $3M
RUSTLING OAKS HOME VALUES UP TO $1M
MORIAL DR ME
TOWN & COUNTRY SHOPPING CENTER 1.8 MILES
SHADOW MEADOW HOME VALUES UP TO $1.5M
SPRING VALLEY VILLAGE HOME VALUES UP TO $3M
NOTTINGHAM PARK
MEMORIAL CITY 1.7 MILES
NEUENS RD
SHADOW OAKS HOME VALUES UP TO $500K
ROSEMONT TERRACE HOME VALUES UP TO $300K
CITYCENTRE 1.3 MILES
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Area Highlights
CITYCENTRE
1.3 MILES FROM THE PROPERTY
425,000 square feet of Class A office space and 500,000 square feet of retail • Lifetime Fitness, 9-screen Studio Movie Grill, and many fashionable shops inlcuding Anthropologie, Bistro Bar, Eddie V’s, Houston Motor Club, J. Crew, Kendra Scott, Lululemon, Olive & Vine, RA Sushi, Ruggles Green, Sur La Table, The Capital Grille, The Tasting Room, Urban Outfitters, Yard House, and Z Gallerie • 245-room Hotel Sorella, a 4-Star hotel
MEMORIAL HERMANN MEMORIAL CITY
1.7 MILES FROM THE PROPERTY
Second largest medical campus in the Houston metropolitan area with 2.5 million total square feet • Recently underwent $92 million expansion, adding 1.5 million square feet • More than 1,600 employees, 1,000 medical staff physicians, and 300 volunteers • Four medical plazas including award winning heart and vascular institute and a 33-story Class A medical office tower comprised of 915,034 SF • Offers local residents 434-bed facility with ER services, a Women’s Center, and a Cancer Center • 22-story Westin hotel offering 267 guest rooms and upscale amenities
MEMORIAL CITY
1.7 MILES FROM THE PROPERTY
265-acre mixed-use development and “city within a city” owned and managed by MetroNational • Recently welcomed three new tenants: Bancorp - South Bank (5,065 SF), Mutual of Omaha Insurance Co. (5,372 SF), and Southland Title • Major tenants include Cemex, Air Liquide, Waste Management, Paradigm, Cabot Oil & Gas, USI, and Group 1 Automotive • MetroNational recently opened Air Liquide Center South and North, a combined 596,200 SF • Cemex recently celebrated the opening of its new 226,551 SF US headquarters at 10100 Katy Freeway • The McAdams, MetroNational’s third Memorial City apartment complex, opens January 2019
TOWN & COUNTRY VILLAGE
1.8 MILES FROM THE PROPERTY
75 shops and services • Added over 100,000 square feet of retail and office space with Phase III • Includes retailers such as Gap, Ann Taylor, Banana Republic, Coldwater Creek, Talbots, White House Black Market, Pottery Barn, Williams-Sonoma, Restoration Hardware, Barnes & Noble, Bath & Body Works, Fleming’s Steakhouse, McCormick & Schmick’s, Escalante’s Mexican Grille, La Madeleine, Pronto Cucinino, Bank of America, and American Express Travel • The Central Green Amphitheatre offers 800-1,100 seats for special events
MEMORIAL CITY MALL
1.7 MILES FROM THE PROPERTY
150+ stores and restaurants, 1.7 million square feet of retail space • Receives an estimated 16 million visitors each year with approximately 53,964 cars traveling along Gessner per day • Nearby is “Restaurant Row”, which includes Ciro’s Italian Grill, Denis’ Seafood Houston, and Guadalajara Hacienda • Anchored by Macy’s, Target, Dillard’s, JCPenney, and Cinemark • The Rouxpour, featuring authentic New Orleans-style cuisine, opens in Fall 2019
ENERGY CORRIDOR
6 MILES FROM THE PROPERTY
Second largest employment center in the region • Educated workforce of more than 94,000 employees • Home to more than 300 multinational companies • Over 2.9 million square feet of retail • Over 26,000 acres of natural space and 50 miles of bike trails and running trails
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Contact Information Clark Dalton
Tim Dosch
Senior Vice President clark.dalton@dmre.com 713.955.3122
Principal tim@dmre.com 713.955.3127
David Marshall
JP Hayes
Principal david@dmre.com 713.955.3126
Senior Vice President jp.hayes@dmre.com 713.955.4473
M A R K E T I N G & O P E R AT I O N S T E A M
Courtney Ray Marketing Director
Jessica Mercado
Joann Lim
Jessica Lukert
Administrative Coordinator
Marketing Coordinator
Administrative Coordinator
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10-10-11 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.
Information About Brokerage Services
B
efore working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represents the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.
intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction:
IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.
(4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate 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 agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the parties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an
(1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less that the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and
With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.
Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records.
Buyer, Seller, Landlord or Tenant
Date
Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 , 512-936-3000 (http://www.trec.texas.gov)
TREC No. OP-K
Contact Us
www.dmre.com
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713.955.3120
254.913.1931
775.815.7387
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