700 Durham Drive. NEC of Durham Drive and Floyd Street Houston, Texas. Chris Dray Danny McCormack Available for Lease

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1 700 Durham Drive NEC of Durham Drive and Floyd Street Houston, Texas Chris Dray Danny McCormack Available for Lease Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas 77040

2 700 Durham Drive Property Description Rare 2nd generation restaurant available with 51 parking spaces and access to additional parking. Located in the heart of the Washington restaurant district and just north of River Oaks. Signage available on both Durham Dr. and Shepherd Dr.. Owner willing to subdivide. 105 Approximate Size: 4,230 SF Traffic Counts: 18,600 CPD on Durham Dr. south of Washington Ave. 23,192 CPD Shepherd Dr. south of Washington Ave. Demographics Active Population: Yale St Patterson St Shepherd Dr Durham Dr Koehler St Average Household Income: 24,447 $1,332 77,417 $138, ,608 $122,088 Residential Count: Growth Since 2010 Census: 12, % 41, % 90, % Source: USPS Postal Count, 12/ Houston Rose St SITE Floyd St 60 4,230 SF Blossom St Contact 288 Chris Dray cdray@newquest.com Danny McComack dmccormack@newquest.com

3 700 Durham Drive Trade Area N Shepherd Montrose Blvd W. Gray St W. Gray Taylor St Studemont St Durham Dr SITE

4 700 Durham Drive Delivery Statistics as of 12/14 Postal Count Census, 2014 Estimates with 2019 Projections Calculated using Proportional Block Groups Summary Demographic Profile 700 Durham Dr Mi 3.00 Mi 5.00 Mi 700 Durham Dr Mi 3.00 Mi 5.00 Mi Demographic Adjustment Summary Data Census 2010 Households 9,601 33,516 74,796 Route Active Residential Count 12,958 41,209 90,921 Census 2010 Average Persons per Household Census 2010 Population 18,238 63, ,266 Recalculated Route Lower range 24,213 76, ,252 Active Population Upper range 24,447 77, ,608 Census Households vs Route Residential Count 34.96% 22.95% 21.56% Population 2014 Estimated Population 19,370 67, , Projected Population 20,793 72,026 1, Census Population 18,231 63, , Census Population 14,115 51, ,1 Historical Annual Growth 2000 to % 2.1% 1.4% Projected Annual Growth 2014 to % 1.5% 1.5% Residential Demographics Origination Data Active Residential Delivery 12,674 39,800 86,8 Active Residential Box 284 1,409 4,322 Active Residential Count 12,958 41,209 90,921 Additional Active General Delivery Count Total Active Residential Count 12,958 41,209 90,921 Additional Possible General Delivery Count Total Possible Residential Count 13,322 42,636 95,908 Census 2010 Households 9,601 33,516 74,796 Population in households 17,940 62, ,589 1-person household.06%.86% 48.30% 2-person household 36.39% 35.60% 33.79% 3-person household 10.87% 10.23% 9.57% 4-person household 4.72% 5.08% 4.97% 5-person household 1.54% 1.91% 1.96% 6-or-more person household 1.42% 1.34% 1.41% Population in Group Quarters ,677 Correctional Facilities - Adult % Correctional Facilities - Juvenile % Nursing Facilities 41.69% 24.53% 10.66% Higher Education Housing % Military Quarters Other Facilities 58.31% 75.47% 60.34% Total Housing Units 10,547 37,141 84,473 Occupied housing units 91.03% 90.24% 88.54% Owner-occupied housing units 55.29% 48.84% 44.73% Renter-occupied housing units 44.71% 51.16% 55.27% Households Population By Race Income Education (Age 25+) 2014 Median Age Estimated Households 10,283 35,903 80, Projected Households 11,088 38,715 86, Census Households 9,600 33,518 74, Census Households 6,337 25,111 60,626 Historical Annual Growth 2000 to % 3.1% 2.3% Projected Annual Growth 2014 to % 1.6% 1.6% 2014 Estimated White 77.4% 79.1% 78.1% 2014 Estimated Black or African American 5.0% 5.3% 5.9% 2014 Estimated Asian & Pacific Islander 7.2% 5.6% 5.3% 2014 Estimated American Indian & Native Alaskan 0.4% 0.5% 0.5% 2014 Estimated Other Races 10.0% 9.6% 10.2% 2014 Estimated Hispanic 25.6% 24.1% 25.4% 2014 Estimated Average Household Income $1,332 $138,512 $122, Estimated Median Household Income $102,864 $89,315 $80, Estimated Per Capita Income $84,714 $74,221 $65, Elementary (0 to 8) 8.0% 6.7% 6.3% 2014 Some High School (9 to 11) 2.9% 3.6% 4.2% 2014 High School Graduate 9.7% 11.4% 12.3% 2014 Some College 11.6% 14.0% 15.6% 2014 Associates Degree Only 4.4% 4.6% 4.2% 2014 Bachelors Degree Only 36.2% 33.2% 31.3% 2014 Graduate Degree 27.2% 26.5% 26.1% Business Demos Drop Site Business or Family Served Count 541 1,430 4,706 Active Business Deliveries 1,2 4,368 14,862 Possible Business Deliveries 1,325 4,666 16,623 Active Versus Possible Business Deliveries 6.46% 6.81% 11.85% Business Number of Businesses 1,517 4,8 17,716 Total Number of Employees 19,039 50, ,920 Employee Population per Business Residential Population per Business Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports) Census Block Group Data and Custom Sites USA Geography, (Census 2010 numbers may deviate from Block Group geography based reports).

5 Approved by the Texas Real Estate Commission for Voluntary Use Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. Information About Brokerage Services Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer s agent represents the buyer. A broker may act as an intermedi - ary between the parties if the parties consent in writing. A broker can assist you in locating a property, prepar - representing you. A broker is obligated by law to treat you honestly. IF THE BROKER REPRESENTS THE OWNER: The broker becomes the owner s agent by entering into an agreement with the owner, usually through a written - listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate ofbut does not represent the buyer and must place the the owner s agent anything the buyer would not want the owner to know because an owner s agent must dis - close to the owner any material information known to the agent. IF THE BROKER REPRESENTS THE BUYER: The broker becomes the buyer s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer s agent can assist the owner but does not represent the The owner should not tell a buyer s agent anything the owner would not want the buyer to know because a buyer s agent must disclose to the buyer any material information known to the agent. IF THE BROKER ACTS AS AN INTERMEDIARY: A broker may act as an intermediary between the par - ties if the broker complies with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the br ker s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: (1) shall treat all parties honestly; (2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; (3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and - structs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property. With the parties consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party. If you choose to have a broker represent you, you should enter into a written agreement with the broker that clearly establishes the broker s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding. Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee s records. Buyer, Seller, Landlord or Tenant Date Texas Real Estate Brokers and Salespersons are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas or Leasing Tenant Representation Development Land Brokerage Investment Sales Property Management 8827 W. Sam Houston Parkway N. Suite 200 Houston, Texas The information herein while based on data supplied by sources deemed reliable, is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice. 4/14/2015

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