offering memorandum ±1.675 acres at 7706 south main street · convenient access to tx-288 and loop...

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’


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




$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



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


$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


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


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



$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


B C

LIGHT RAIL



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


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


Opening 2019

Spicky PickleGlazedTiffs Treats

Olive GardenChipotlePappas Bar B QueThe French Corner

Radiation Therapy


NRG STADIUM

RICE VILLAGE HERMANN PARK

HERMANN PARKBRAYS BAYOU GREENWAY


Contacts

David [email protected]

Tim [email protected]

Tom [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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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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