DOWNTOWN HOUSTON
RICE UNIVERSITYHERMANN PARK
TEXAS MEDICALCENTER
S MAIN ST
FANNIN ST
S BRAESWOOD BLVDN BRAESWOOD BLVD
KIRBY DR
45
W HOLCOMBE BLVD
±1.675 ACRES
ACCESS EASEMENTS. MAIN STREET
Radiation Therapy
The Millennium Kirby
TIRR Memorial Hermann Outpatient Rehabilitation DialyspaMorningside Thai Restaurant
SMITHLANDS TRANSIT STATION
HIP Fitness
LIGHT RAIL
TMC RED LINE SHUTTLE
TMC GOLD LINE SHUTTLE
Braeswood PlaceHome Values
$519K - $1.9M
Opening 2019
High-Rise AptsOpening 2019
±1.675 acres at 7706 South Main StreetHouston, Texas, 77030
OFFERING MEMORANDUM
WWW.DMRELAND.COMBROKER CONTACT David Marshall, Principal | [email protected] | 713.955.3126
OFFER DEADLINE OCT. 25
NRGPARK
HERMANNPARK
VAHOSPITAL
WOMEN’SHOSPITALOF TEXAS
RICEUNIVERSITY
GALLERIA/UPTOWN DISTRICT 3.6 MI
DOWNTOWNHOUSTON 4.5 MI
RICEVILLAGE
TEXASMEDICALCENTER
BUFF
ALO
SPDW
Y W HOLCOMBE BLVD
WES
LAYA
N ST
KIRB
Y DR
GREE
NBRI
AR D
R
FANN
IN ST
BRAESWOOD BLVD
OLD SPANISH TRL/ALT-90
CAM
BRID
GE S
TFM
521
MAIN
ST
610
610
1 MILE
2 M
ILES
±1.675 ACRES
BELLAIRE
WEST UNIVERSITY PLACEHOME VALUES UP TO $18M
BRAESWOOD PLACEHOME VALUES UP TO $1.9M
Prime Land Site Adjacent to the Texas Medical Center
Convenient Infill Location
Less than one mile from the world’s largest medical complex
• Direct access to the Texas Medical Center via Main Street• Situated on the TMC Shuttle Gold Route• 106,000 employees - More than Exxon, Apple, or Google• TMC3, a new 30-acre translational research campus with
hotel and conference center, breaks ground in 2019; pro-jected completion is in 2022
Convenient access to TX-288 and Loop 610 • Via Kirby Drive and Main Street• Property has access to S. Main St• The Property is situated only 2.5 miles south of US-59 and
just one mile north of South Loop 610
Close to Houston’s best entertainment and retail• NRG Park, Rice Village, Hermann Park, and the Houston
Zoo are within two miles of the Property• The Galleria/Uptown District, Downtown Houston, and
Upper Kirby are within five miles of the Property
S BRAESWOOD BLVD
±1.675 ACRES
ACCESS EASEMENTTO S. MAIN STREET
TMC <1 MILE
THE GALLERIA 3.6 MILES
GREENWAY PLAZA 2.6 MILES
UPPER KIRBY 2.8 MILES
2018 Tax Rates
1 HOUSTON ISD 1.206700
40 HARRIS COUNTY 0.418010
41 HARRIS CO FLOOD CNTRL 0.028310
42 PORT OF HOUSTON AUTHY 0.012560
43 HARRIS CO HOSP DIST 0.171100
44 HARRIS CO EDUC DEPT 0.005195
48 HOU COMMUNITY COLLEGE 0.100263
61 CITY OF HOUSTON 0.584210
TOTAL 2.526348
Details
ADDRESS 7706 S. Main Street, Houston, TX 77030
LAT., LONG. 29.697061, -95.414268
SIZE ±1.675 acres
UTILITIES Available
SCHOOLS Houston ISD
DETENTION Offsite
PARCEL ID 1291620010003
OWNER UG TX II LLC
LEGAL RES C BLK 1 MARRIOT COURTYARD
PRICE TBD by market
RESTRICTIONS Deed-restricted against a hotel use for 20 years
2018 Demographics0-1 mi 0-3 mile 0-5 miles
Est. Population 2018
19,599 153,368 437,640
5-Yr Est. Population Growth
6.04% 5.75% 6.68%
Average Household Income
$127,054 $142,545 $122,406
Median Value Of Owner Occupied Housing Units
$279,024 $356,990 $279,361
Property Details
~228.26’
294.15’
~180.8’
~114.2’
~74.39’
~386.0’
ACCESS EASEMENTS. MAIN STREET
Exclusive RepresentationDosch Marshall Real Estate (DMRE) has been exclusively re-tained to represent the Seller in the disposition of ±1.675 acres at 7706 South Main Street Houston, TX 77030 (the Property). All inquiries about the Property should be directed to DMRE.
Property Website
dmreland.com/listings/#1489
Making an OfferOffers 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
±1.675 ACRES AT 7706 SOUTH MAIN STREET | 2
TMC GOLD LINE SHUTTLE
TMC RED LINE SHUTTLE
Braeswood PlaceHome Values
$519K - $1.9M
MAIN ST
N BRAESWOOD BLVD
PRESSLER ST
GREENBRIAR DR
S BRAESWOOD BLVD
±1.675 ACRES
MEMORIAL HERMANN$650 million renovation and expansion
METHODIST WEST PAVILION
SCURLOCK TOWER
ST LUKE’S MEDICAL TOWER
TEXAS CHILDREN’S HOSPITAL$506 million expansion
TEXAS WOMEN’S UNIVERSITY
SHRINERS HOSPITAL
TEXAS MEDICAL CENTER
RICEUNIVERSITY
LESS THAN 1 MILE
ACCESS EASEMENTS. MAIN STREET
TMC GOLD LINE SHUTTLE
KIRBY DR
S. MAIN ST
S BRAESWOOD BLVD
N BRAESWOOD BLVD
W HOLCOMBE BLVD
±1.675 ACRES
UPPER KIRBY • 2.5 MILESFine DiningPondicheri, Fleming’s, Grace’s, Giacomo’s Cibe e Vino, Chuy’s, Carrabbas, Turquoise Grill, BB’s Cafe, Goode Co. Seafood and Goode Co. Taqueria, The Queen Vic Pub & Kitchen, and Kata RobataTheaterThe Music BoxHigh-End RetailWhole Foods Market, Bed Bath & Beyond, Ulta, Tootsies, Ivory Bridal Atelier, Q Clothier, Rye 51, St. Nicola
RICE VILLAGE • 1.3 MILESOver 300 shops in the immediate 16-block area
Boutiques & Eclectic RetailChico’s, Talbots, Elaine Turner, Guess, White House Black Market, Banana Republic, and Kendra ScottDiverse DiningJapanese, Chinese, French, Italian, Mexican, Spanish, Mediterranean, and Vietnamese
GREENWAY PLAZA • 3 MILES4.25M+ SF Class A office and 25,000 employees
West University PlaceHome Values$510K - $18M
Braeswood PlaceHome Values
$519K - $1.9M
Radiation Therapy
The Millennium Kirby
7575 Kirby Condominiums
Residences at Gramercy
TIRR Memorial Hermann Outpatient Rehabilitation DialyspaMorningside Thai Restaurant
HIP Fitness
Baylor St. Luke's Emergency Center
ACCESS EASEMENTS. MAIN STREET
Proximity to the Texas Medical Center Proximity to Other Houston Highlights
Baylor College of Medicine• Leaders for biomedical research• Hosts approximately, 3,378 faculty and 1,211
students• Ranks 7th in the nation for primary care and
13th for research according to the U.S. News and World Report
The University of Texas Health Science Center
• Fills three million square feet of the Texas Medical Center
• Hosts more than 350 undergraduate students, 3,399 post graduate students, and 1,261 fac-ulty members
Rice University• Comprehensive research university consis-
tently ranked among top 20 universities in the U.S. overall
• One of only three Tier One universities in Texas• 665 full-time and 197 part-time instructional
faculty• 98% of full-time instructional faculty have a
doctorate or terminal degree in their field• 3,879 undergraduate and 2,744 graduate
degree-seeking students
±1.675 ACRES AT 7706 SOUTH MAIN STREET | 3
EducationEmployment
106,000+total employees
$3 Billionin construction projectsunderway
$35 Billionestimated regionaleconomic impact
59memberinstitutions
Entertainment
TEXAS MEDICAL
CENTER
Leaders for biomedical researchHosts approximately, 3,378 facultyand 1,211 studentsRanks 7th in the nation forprimary care
Ranked among top 20 universitiesin the U.S. overallOne of only three Tier Oneuniversities in Texas665 full-time faculty3,879 undergraduate2,744 graduate students
Fills three million square feet ofthe Texas Medical CenterOver 3,399 post-graduate students1,261 faculty
1,345total acres
8th largestbusiness district inthe U.S
50 milliondeveloped square feet
Innovation & ResearchTexas Medical Center Innovation Instituterecently cut the ribbon on the Center for Device Innovation at Texas Medical Center, a collaboration between Texas Medical Center, Johnson & Johnson Medical Devices Companies and Johnson & Johnson Innovation.
Texas Medical Center 3the medical center’s translational research campus, will bring together several member institutions, including Baylor College of Medicine, Texas A&M University and The University of Texas System; the campus has an estimated economic impact of $5.2 billion once the campus gets underway in the next coupleof years.
Recently kicked off a new
$25,000,000venture fund
NRG ParkHome of the Houston TexansHost of the world’s largest entertainment and livestock exhibition, the Houston Livestock Show and RodeoHost of Super Bowl LI in 2017
NRG Center1.4 million-square-foot exhibit and conference facility
NRG Stadium71,500 seating capacity, 97,000 square foot natural grass playing field
NRG Arena349,000-square-foot event facility
NRG Astrodome1 million-square-foot football baseball, concert facility, 70,000 max seating capacity
Rice Village 300+ shops over 16 blocks
Brays Bayou Greenway 30 miles of greenspace and trails
Hermann Park 445 acresHermann Park Golf course, Miller Outdoor Theatre, Houston Zoo, Museum of Natural Science
World’s Largest Medical Center
9,200total patient beds
180,000+annual surgeries
8,000,000patient visits
per year
WORLD’SLARGESTCancer Hospital
WORLD’SLARGEST
Children’s Hospital
750,000ER visits per year
±1.675 ACRES AT 7706 SOUTH MAIN STREET | 3
Braeswood PlaceHome Values
$519K - $1.9M
KIRBY DR
MAIN ST
N BRAESWOOD BLVD
S BRAESWOOD BLVD
FANNIN ST
GREENBRIAR DR
RICE UNIVERSITY
HERMANN PARK
SMITHLANDS
±1.675 ACRES
19
3
4
567
8910
11
13 B
E
G
H
I
C
D
1415
16
171812
1 2F A
ACCESS EASEMENTS. MAIN STREET
B C
LIGHT RAIL
TMC RED LINE SHUTTLE
TMC GOLD LINE SHUTTLE
Upcoming Developments Major TMC Institutions
1 Shriners Hospital
2 HCC Coleman
3 UT Health - University Center Tower & Sarofim Research
4 MD Anderson - Duncan Building & Mays Clinic
5 UT Health - School of Nursing & School of Public Health
6 UT Health/MD Anderson Cancer Center - Pickens Tower
7 MD Anderson Cancer Center
8 TIRR Memorial Hermann
9 Baylor College of Medicine
10 Ben Taub Hospital
11 Texas Women’s University
12 CHI St. Luke’s Hospital
13 Texas Children’s Hospital
14 Houston Methodist
15 UT Medical School
16 Memorial Hermann
17 MD Anderson - Mid Campus Bldg 1
18 Baylor College of Medicine Medical Center
19 VA Hospital
A TMC3
• New 30-acre translational research campus will serve as the cornerstone for biomedical advancements
• Breaks ground in 2019; projected completion in 2022• Third-party impact study predicts that TMC3 will drive
$5.2 billion into the Houston economy and create nearly 30,000 jobs
• 410-room hotel and conference center providing provide 50,000 square feet of meeting space
B Texas Children’s Hospital• $506 million expansion - expected completion: 2018• Adding 19 floors to existing tower for new heart center,
expanded critical care, and diagnostic and therapeutic services
C Memorial Hermann• $650 million renovation and expansion; expected com-
pletion: 2018• New patient care building and upgrading infrastructure• Adding 1.3 million square feet in a new space and
increasing their size by 50%
D Baylor St. Luke’s McNair Campus• New 1.2-million-square-foot facility on 27.5 acres in var-
ious stages of completion, renovation and construction; xpected completion: 2019
• Second patient tower with 650 patient beds and medical office building planned
E HCC Coleman College for Health Sciences building• The 10-story midrise; completion August 2018
F Blossom Hotel Houston• 9-story hotel
G Medistar - Hotel & Apartment High-rise• 357-unit hotel and 375-unit apartment building• Retail and restaurants are planned for street level
H Allen Harrison - High-rise Apartments (South Main)• 11-story building with 186 apartment units
I Residence Inn by Marriott - High-rise Hotel• 16-story, 182-room hotel• opening is scheduled for early 2019
* University of Texas Houston - New campus planned• 300 acres located at Buffalo Point about 3.5 miles south
of the Texas Medical Center
±1.675 ACRES AT 7706 SOUTH MAIN STREET | 4
NRG Center • Home of the Houston Texans• State-of-the-art facility has hosted major events such as
the Super Bowl, NCAA Final Four tournaments, and the world’s largest entertainment and livestock exhibition, the Houston Livestock Show & Rodeo
• Host of Super Bowl LI in 2017• NRG Center: 1.4 million-square-foot exhibit and conference
facility• NRG Stadium - 71,500 seating capacity, 97,000-square-foot
natural grass playing field• NRG Arena - 349,000-square-foot event facility• NRG Astrodome - 1 million-square-foot football/baseball/
concert facility, 70,000 max seating capacity
Rice Village • Over 300 shops in the immediate 16-block area• Boutiques and eclectic shops as well as high-end clothing
stores such as Chico’s, Talbots, Elaine Turner, Guess, White House Black Market, Banana Republic, and Kendra Scott
• Dining options include a variety of food from all over the world including Japanese, Chinese, French, Italian, Mexi-can, Spanish, Mediterranean, and Vietnamese
Brays Bayou Greenway • Provides approximately 30 miles of public greenspace and
hike-and-bike trails
Hermann Park Hermann Park’s 445 acres hold a number of enter-tainment options and venues for visitors, including the McGovern Centennial Gardens, Hermann Park Golf course, the Miller Outdoor Theatre, a jogging track, the Houston Zoo, the Museum of Natural Science with the Cockrell Butterfly Exhibit, the Buddy Carruth Playground For All Children, the Japanese Garden, McGovern Lake with its paddle boats, the ever popular Hermann Park Mini-Train and the Jud-son Robinson, Jr. Community Center.
Recreation & Entertainment
NRG PARK
NRG Center - 1.4M SF exhibit and conference facilityNRG Stadium - 71,500 seating capacity, 97,000 SF natural grass playing fieldNRG Arena - 349,000 SF event facilityNRG Astrodome - 1M SF football/baseball/concert facility, 70,000 max seating capacity
Host of the Houston Livestock Show and Rodeo and the Super Bowl LI in 2017
Home ValuesUp to $2.23M
The Millennium Kirby TIRR Memorial Hermann Outpatient Rehabilitation DialyspaMorningside Thai Restaurant
610
S MAIN ST
KIRBY DROLD SPANISH TRAIL/ALT-90
S BRAESWOOD BLVD±1.675 ACRES
TMC GOLD LINE SHUTTLE
Opening 2019
Spicky PickleGlazedTiffs Treats
Olive GardenChipotlePappas Bar B QueThe French Corner
Radiation Therapy
ACCESS EASEMENTS. MAIN STREET
NRG STADIUM
RICE VILLAGE HERMANN PARK
HERMANN PARKBRAYS BAYOU GREENWAY
±1.675 ACRES AT 7706 SOUTH MAIN STREET | 5
Contacts
David [email protected]
Clark DaltonVice [email protected]
Becky HandSenior [email protected]
Dillon MillsSenior [email protected]
Tripp RichTransaction [email protected]
Kenneth DannaResearch [email protected]
Jane MatsellMarketing Manager
Dosch Marshall Real Estate713.955.3120
777 Post Oak Blvd, Suite 255 Houston, TX 77056
www.dmreland.com
About DMREActive in the Houston market for the past 15 years, our goal at Dosch Marshall is to represent our clients with excellence. As in other industries, experience is key in real estate, and Dosch Marshall has nearly 60 years of experi-ence collectively.
Tim Dosch, David Marshall and Tom Dosch have all been recognized in the Houston Business Journal as Houston Heavy Hitters in recent years, an award that recognizes top commercial real estate brokers based on their gross dollar transaction volume in Houston for the year.
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ent
er i
nto
a w
ritte
n ag
reem
ent
with
the
br
oker
tha
t clea
rly e
stab
lishe
s th
e br
oker
’s o
blig
atio
ns
and
your
obl
igat
ions
. T
he
agre
emen
t sh
ould
sta
te
how
and
by
who
m t
he b
roke
r w
ill b
e p
aid.
You
hav
e th
e rig
ht t
o ch
oose
the
typ
e of
rep
rese
ntat
ion,
if a
ny,
you
wish
to rec
eive
. You
r pa
ymen
t of a
fee
to a
bro
ker
does
no
t ne
cess
arily
es
tabl
ish
that
th
e br
oker
re
pres
ents
you
. If y
ou h
ave
any
ques
tions
reg
ardi
ng
the
dutie
s an
d re
spon
sibi
litie
s of
th
e br
oker
, yo
u sh
ould
res
olve
thos
e qu
estio
ns b
efor
e pr
ocee
ding
.
Buy
er,
Sel
ler,
Lan
dlor
d or
Ten
ant
D
ate
Texa
s Re
al E
stat
e Br
oker
s an
d Sa
lesp
erso
ns a
re li
cens
ed a
nd r
egul
ated
by
the
Texa
s Re
al E
stat
e Co
mm
issi
on (
TREC
). I
f you
hav
e a
ques
tion
or c
ompl
aint
re
gard
ing
a re
al e
stat
e lic
ense
e, y
ou s
houl
d co
ntac
t TRE
C at
P.O
. Box
121
88, A
ustin
, Tex
as 7
8711
-218
8 ,
512-
936-
3000
(ht
tp:/
/ww
w.t
rec.
texa
s.go
v)
T
REC
No.
OP-
K
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