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Portfolio For Sale • 65,942 SF
| The investment represents a tremendous upside in rent, land value, and as a redevelopment opportunity |
| Property is in the shadow of Downtown Houston, within a short distance from the Toyota Center, Daiken Park, & the George R Brown Convention Center |
| The property site has multiple curb cuts with direct access from Gulf Freeway (Interstate Highway 45), Sampson Street, Coyle Street and Tharp Street |
| 2024 population within a 5-mile radius from the subject property exceeded 474,700 with the projected average household income at or over $100,000 |
| The property has great visibility and easy access surrounding freeways and Downtown Houston |
| Base rents are at or below $12 PSF/YR which represents a tremendous upside when rents are raised or adjusted to market rates |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Houston (Sunset Limited - Amtrak) | 7 min | - | 3.9 mi |
| Transit/Subway | Drive | Walk | Distance |
| Leeland Third Ward Sb (METRORAIL PURPLE LINE - Metropolitan Transit Authority of Harris County) | 1 min | 6 min | 0.3 mi |
| Elgin Third Ward Sb (METRORAIL PURPLE LINE - Metropolitan Transit Authority of Harris County) | 2 min | 13 min | 0.7 mi |
| Coffee Plant / 2Nd Ward Eb (METRORAIL GREEN LINE - Metropolitan Transit Authority of Harris County, METRORAIL PURPLE LINE - Metropolitan Transit Authority of Harris County) | 2 min | 20 min | 1.1 mi |
| Airport | Drive | Walk | Distance |
| William P Hobby | 20 min | - | 10.2 mi |
| George Bush Intcntl/Houston | 29 min | - | 20.4 mi |
Fred Ghabriel
Bejjani & Associates
Fred Ghabriel
Bejjani & Associates
