9533 I- (KATY FWY) HOUSTON (HEDWIG ), TX 77024 F GROUND LEASE BUNKER HILL RD N PRIME INTERSTATE LOCATION Redevelopment opportunity Located directly on I- in Hedwig Village, the 3.65 acre property provides convenient access to major employment centers, shopping centers, well-known medical facilities, affluent neighborhoods, and top-ranked schools Exposure to ±300,000 CPD ±200 Interstate frontage; ±750 depth Area is booming with new retail, office, hospitality and multi-family developments
F GROUND LEASE H O U S TO N S MO S T V I B R AN T C O R R I D O R 9533 I- (KATY FWY) HOUSTON (HEDWIG ), TX 77024 CITYCENTRE MEMIAL HERMANN UPSCALE MIXED-USE DEVELOPMENT MEMIAL CITY MEDICAL TOWN & COUNTRY MEMIAL CITY MALL PLAZA AT BUNKER HILL The 33-story Memorial Hermann Tower includes Women s Memorial Hermann and Children s Memorial Hermann Houston s first dedicated women s and children s facilities outside of the Texas Medical Center. UPSCALE SHOPPING CENTER LOCATION H I G H L I G H T S RETAIL: Apple Inc. and Disney Store. MIXED-USE OFFICE/RETAIL WESTVIEW DR. MIXED-USE OFFICE/RETAIL SAM S CLUB HOTEL USE HOTEL USE Memorial City Mall (1 mi.), CityCentre (2.4 mi.), Town & Country Village (2.6 mi.), Uptown/Galleria (8 mi.) Memorial City Mall rated #2 mall in Houston ($883/PSF in sales) National tenants achieving 43% above chain averages #1 HEB in Texas, across I- MEDICAL: BUNKER HILL RD. Memorial Hermann - Memorial City Medical Center (1.6 mi) 2.5 million SF Class A medical and professional offices 1,600 employees 426 licensed hospital beds BUSINESS/NEW DEVELOPMENTS MEMIAL CITY MEMIAL HS HEDWIG MEMIAL MS Enrollment: 1,411 RETAIL/BUSINESS SCHOOL ENTERTAINMENT RESTAURANTS/DINIING HOTELS & LODGING HOSPITAL/MEDICAL FACILITY RESIDENTIAL COMMUNITY ECHO LANE Enrollment: 2,567 Memorial City Plaza (1 mi.), Energy Corridor (7.4 mi.), Westchase District (7.4 mi.), Central Business District (12 mi.) New Hotel ZaZa under development PRESTIGIOUS NEIGHBHOODS: SPRING BRANCH MS Enrollment: 1,163 Hedwig Village, Piney Point Village, Bunker Hill Village, Hunters Creek Village, Memorial 77024 IS ONE OF THE MOST AFFLUENT ZIP CODES IN TEXAS
F GROUND LEASE 9533 I- (KATY FWY) HOUSTON (HEDWIG ), TX 77024 CONCEPTUAL PLAN 1.45 ACRES 63,162 SF 0.94 ACRES 40,798 SF 1.28 ACRES 55,757 SF GAYLD DR PROPOSED RECIPROCAL ACCESS EASEMENT 320 FT 205 FT 280 FT 8
F GROUND LEASE 9533 I- (KATY FWY) HOUSTON (HEDWIG ), TX 77024 HILSHIRE 1 2 SPRING VALLEY EXIT-758 EXIT-758 EASTBOUND WESTBOUND CITYCENTRE TOWN & COUNTRY GESSNER RD. MEMIAL CITY BUNKER HILL RD. 3 ECHO LANE HEDWIG 6 HUNTERS CREEK 4 BUNKER HILL 5 PINEY POINT PINEY POINT RD. VOSS RD. RESIDENTIAL COMMUNITY 1 2 3 4 5 6 AVERAGE HOME VALUE AVERAGE HH INCOME Hilshire Village $837K $222K Spring Valley Village $997K $176K Hedwig Village $1.03M $164K Bunker Hill Village $1.5M $245K Piney Point Village $3.6M $270K Hunters Creek Village $1.63M $260K 2015 EST. DEMOGRAPHICS EASTBOUND I- WESTBOUND I- FROM SUBDIVISIONS FROM MEMIAL CITY MALL 1 MILE 3 MILES 5 MILES 2014 EST. TRAFFIC COUNTS CARS PER DAY Bunker Hill north of I- 18,979 Bunker Hill south of I- 21,231 I- west of Bunker Hill 265,083 Population 13,428 127,993 396,759 Daytime Population 23,099 80,255 369,699 Growth 2015-2020 3.9% 4.1% 5.2% Average Household Income $115,885 $7,735 $86,037 I- east of Bunker Hill 253,291 F ME INFMATION PLEASE CONTACT: DARIN GOSDA, CPA JAZZ HAMILTON NOLAN MAINGUY 2800 Post Oak Blvd, Suite 2300, Houston TX 77056 Senior Vice President 713-577-1819 darin.gosda@cbre.com First Vice President 713-577-1805 jazz.hamilton@cbre.com Associate 713-577-1841 nolan.mainguy@cbre.com 2016 CBRE, Inc. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. We obtained the information herein from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. All marks displayed on this document are the property of their respective owners. TX OK-308301.