Great Location Downtown. 421 Fannin St Houston, TX GREENBERG & COMPANY SALE PRICE: CALL FOR DETAILS
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1 Great Location Downtown FOR SALE PROPERTY INFORMATION Building Size: 20,000 SF Land Size:.295 acres 421 Fannin St Houston, TX Space Available: 10,000 SF - First Floor 10,000 SF - Second Floor SALE PRICE: CALL FOR DETAILS This is a two-story Retail/Office Building. The building is encased with framed windows giving high visibility of premier office space along Fannin. It is located in the Historic District, downtown Houston between Prairie St and Preston. The Historic District is Houston s original town center. It is located moments from Minute Maid Park, George R. Brown Convention Center, the Toyota Center, Jones Hall, Harris County courts complex, professional offices and the University of Houston-Downtown. Immediate access to highway 59 East, I-45 South and West, and I-10 North. The building is also in the perfect location to access the METRORail, which runs from the University of Houston to Reliant Park. Exterior renovated in GREENBERG & COMPANY 5959 Richmond Ave. Suite 440 Houston, TX Phone: Fax: Demographics 3-Mile 5-Mile Population Estimate 162, ,863 # of Households 66, ,691 Average H.H. Income $76,303 $82,340
2 421 FANNIN ST SURVEY GREENBERG & COMPANY 5959 Richmond Ave. Suite 440 Houston, TX Phone: Fax:
3 421 FANNIN ST PARKING OPTIONS Option 1 Option 2 Option 3 Option 4 ACE PARKING 412 Fannin St. (Between Prairie St. & Preston 1055 Prairie St. (Between Fannin St. & Main 1046 Preston St. (Between Fannin St. & Main Mon. Sun. 6AM-7PM NO OVERNIGHT PARKING Outdoor Lot - Self Parking Rate: $ $10.00 Credit Cards Accepted AMPCO System Parking 415 San Jacinto (Between Prairie St. & Preston 1210 Preston St. (Between Caroline St. & San Jacinto Mon. Sun. 24 HR Outdoor Lot - Self Parking Credit Cards Accepted Rate: $ $11.00 WINPARK Christ Church Cathedral Garage 541 San Jacinto (Between Texas Ave. & Prairie Mon. Fri. 5AM-11PM Sat.-Sun. CLOSED Indoor Garage- Self Parking Rate: $8.00 CASH ONLY AMPCO Binz Building Garage 1015 Texas St. (Between Fannin St. & Main 538 Fannin St. (Between Texas St. & Prairie Mon. Fri. 5:30 AM-8PM Sat.-Sun. CLOSED Indoor Garage - Self Parking NO OVERNIGHT PARKING Rate: $ $8.00 CASH or CHECK ONLY
4 New Developments in Downtown (1) (2) (3) (1) Hines Tower 03/14/ Stories 1,050,000 sf 609 Main at Travis Site prep 11/2013 Excavation and foundation work starts 03/2014 Construction: 36 Months (2) Houston Luxury Apts. 309 Apts., 1,065 sf avg. 550-car garage 8,000 sf of retail Add ksf to structure Construction Nov mos Units available mos And mos $95 million redevelopment Built 1915, ,000 square feet (3) Marriott Marquis 04/2014 Houston Forst Corp. Rida Development ~ 1,000 rooms Begin construction 04/14 Opening: Jan 2017 Related plans include 1,800 - space parking Garage north of GRBCC
5 Information on Downtown Houston Downtown Visitors Venue Annual Visitors Minute Maid Park 2,067,016 Convention Center 738,914 Toyota Center 1,511,273 Discovery Green Park 1,200,000 Downtown Hotels 1,203,274 GreenStreet (Formerly Houston Pavilions) 625,000 Central Library 550,000 Theater District Venues 1,927,214 Special Events 1,805,000 TOTAL 11,627,691 Universities (In Downtown) University of Houston Downtown 13,000 South Texas College of Law 1,278 Universities (With METRORail Access) University of Houston 40,000 Rice University 6,082 TOTAL 60,360 Parking Type On-Street Meters (free > 6pm and Sundays 2,500 # of Spaces Parking Lot 24,344 Parking Garage 75,142 TOTAL 101,689 Major Shopping Area Comparisons Residential Retail Area Residents/1Mile Residents/3Mile Greenstreet/Downtown 23, ,801 The Galleria 17, ,618 Memorial City Mall 14, ,762 The Woodlands Mall 3,442 47,277 Office Workers Retail Area Workers/1 Mile GreenStreet/Downtown 150,000 The Galleria 63,271 Memorial City Mall 16,015 The Woodlands Mall 16,283 * Source: Downtown Retail Task Force Some Impressive Numbers Over 55,000 residents in and around Downtown Houston 42% of Downtown Houston residents have a Household Income of $75, ,000 people visit Downtown on a daily basis 150,000 Office workers in Downtown Houston In 2011 consumers spent $248 Million in goods & services in the Downtown Area Weekday METRORail ridership is approximately 40,000
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