Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation

3701 W ALABAMA3701 W ALABAMA | HOUSTON, TEXAS

MULTIPLE SPACES AVAILABLE FOR LEASE

PROJECT HIGHLIGHTS

CHRIS DRAY281.640.7682 cdray@newquest.com

THE SITE IS SURROUNDED BY EXCELLENT DEMOGRAPHICS WITH OUTSTANDING DAYTIME POPULATION AND HIGH-DENSITY RESIDENTIAL. RIVER OAKS AND WEST UNIVERSITY INCOMES ARE SOME OF THE HIGHEST IN THE COUNTRY BUT ARE PAIRED WITH MODEST HOME VALUES. THIS IS MEANINGFUL GIVEN EACH NEIGHBORHOODS’ PROXIMITY TO THE SITE AS WE ARE SURROUNDED BY A LOT OF DISPOSABLE INCOME. THE SITE IS CONVENIENTLY LOCATED BY THE HIGHEST CONCENTRATED PROFESSIONAL AREAS INCLUDING CENTRAL BUSINESS DISTRICT, GREENWAY PLAZA, AND THE TEXAS MEDICAL CENTER.

THE CENTER PROVIDES AMPLE PARKING AND HAS A GREAT CO-TENANCY WITH CHILDREN-FOCUSED TENANTS SUCH AS CHILDHOOD CENTERS, EDUCATIONAL SOLUTIONS, IKIDS AFER SCHOOL PROGRAM, CHILDREN’S MUSIC SCHOOL, PIANO STUDIO FOR CHILDREN, AND THE MOTHERHOOD. THERE ARE RECOGNIZABLE NAMES IN THE NEAR VICINITY WHICH INCLUDE THE APPLE STORE, CRATE & BARREL, WILLIAMS-SONOMA, BANANA REPUBLIC, POTTERY BARN, RESTORATION HARDWARE. NEW MULTI-DEVELOPMENT PROJECTS UNDER DEVELOPMENT AND IN THE IMMEDIATE AREA WILL BRING MORE RETAIL, RESTAURANTS, AND MULTI-FAMILY IMMEDIATE AREA.

3701 W Alabama3701 W ALABAMA | HOUSTON, TEXAS

AVAILABILITY: SUITES

Suite 160 - 5,955 SFCurrently operating as Vieux Interiors

Suite 350 & 352 - 2,979 SFCurrently operating as Bell Well PediatricsComing 2nd Quarter 2020

Suite 380 - 655 SF

Suite 389 - 552 SF

47% GROWTHfrom 2010 – 2020 within 1 mile

Houston Baytown

Texas City

Galveston

Pearland

Sugar Land

Katy

Conroe

The Woodlands

Spring

Cypress

45

45

10

610

610

59

59

90

90

90

TOLL

99

TOLL

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

FA R M

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1960

290

T E X A S105

T E X A S105

T E X A S288

T E X A S146

T E X A S146

T E X A S336

T E X A S242

T E X A S249

FA R M

R OA D

2920

TOLLWAY

WESTPARKFA R M

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1463

6T E X A S

6T E X A S

River OaksHHI: $223,981

Upper KirbyHHI: $127,431Afton Oaks

HHI: $188,763

WESTHEIMER RD.

WE

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N ST.

WILLO

WIC

K R

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610

3701 W ALABAMAAVAILABLEFOR LEASE

300 Apartments14,000 SF Retail

& Restaurants

COMING SOON

Uptown Plaza Houston

383 ApartmentsCOMING SOON

Park Place Tower15 Story

O�ce Building

COMING SOON

WestheimerOaks

96 Units

75 Units

279 Units

297 Units

The BriarClub

254 Units

149 Units

3701 W ALABAMA | HOUSTON, TEXAS

AERIAL

06.20 | 02.20

St. John’s School1,258 Students

Lamar HighSchool

3,330 Students

WESTHEIMER RD.

WE

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SOUTHWEST FREEWAY 300,345 VPD

59 KIR

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3701 W ALABAMAAVAILABLEFOR LEASE

999 Units

754 Units

341 Units

WEST UNIVERSITYTop 19 wealthiest neighborhoods in the country.

Median household income is $230,893. The median sale price of homesin the 7705 zip code is $886,100.

Midtown:3.9 miles/10 minute drive

Downtown:6.6 miles/13 minute drive

Galleria:2.1 miles/7 minute drive

Rice Village:

2.7 miles/7 minute drive

Rice University:

3.2 miles/8 minute drive

Museum District:

4.1 miles/12 minte drive

Medical District:

4.4 miles/12 minute drive

Uptown Plaza Houston

WestheimerOaks

GREENWAY PLAZA52 acres, 11 buildings

and nearly fivemillion square feet.

526 Units

Regal EdwardsGreenway Grand

Palace

3701 W ALABAMA | HOUSTON, TEXAS

AERIAL

06.20 | 02.20

SUITE 160 - 5,955 SF

SUITE 350 & 352 - 2,979 SF

SUITE 389 - 552 SF

SUITE 380 - 655 SF

SITE PLAN

3701 W ALABAMA | HOUSTON, TEXAS

DEMOGRAPHICS

3701 W ALABAMA | HOUSTON, TEXAS

2010 Census, 2020 Estimates with Delivery Statistics as of 04/20

POPULATION 1 MILE 3 MILES 5 MILES

Current Households 14,443 103,764 253,000

Current Population 25,012 199,239 524,909

2010 Census Population 17,035 161,661 437,729

Population Growth 2010 to 2020 47% 26% 23%

2020 Median Age 38 37 35

INCOME 1 MILE 3 MILES 5 MILES

Average Household Income $163,768 $171,432 $134,335

Median Household Income $92,808 $95,878 $81,315

Per Capita Income $102,348 $92,697 $67,279

RACE AND ETHNICITY 1 MILE 3 MILES 5 MILES

White 72% 68% 59%

Black or African American 9% 10% 16%

Asian or Pacific Islander 12% 12% 11%

Other Races 7% 10% 14%

Hispanic 24% 28% 34%

CENSUS HOUSEHOLDS 1 MILE 3 MILES 5 MILES

1 Person Household 52% 46% 43%

2 Person Households 34% 33% 31%

3+ Person Households 15% 21% 26%

Owner-Occupied Housing Units 39% 46% 40%

Renter-Occupied Housing Units 61% 54% 60%

Information About Brokerage ServicesTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:• A BROKER is responsible for all brokerage activities, including acts performed by sales agents

sponsored by the broker.• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

• Put the interests of the client above all others, including the broker’s own interests;• Inform the client of any material information about the property or transaction received by the

broker;• Answer the client’s questions and present any offer to or counter-offer from the client; and• Treat all parties to a real estate transaction honestly and fairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the pro erty or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who

will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:

• Must treat all parties to the transaction impartially and fairly;• May, with the parties’ written consent, appoint a different license holder associated with the broker

to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.

• Must not, unless specifically authorized in writing to do so by the party, disclose:• that the owner will accept a price less than the written asking price;• that the buyer/tenant will pay a price greater than the price submitted in a written offer; and• any confidential information or any other information that a party specifically instructs the broker

in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

Designated Broker of Firm

Licensed Supervisor of Sales Agent/Associate

Sales Agent/Associate’s Name

License No.

License No.

License No.

License No.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission (TREC) | Information available at http://www.trec.texas.gov

The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice.

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300

H. Dean Lane, Jr. 366134 dlane@newquest.com (281)477-4300

Rev 07.08.20 ct