PROPERTY OVERVIEW Fannin Art Square offers a mix of street level Retail Spaces, 2nd Floor Studio Lofts and two Residential Suites. The Property is located in midtown on Fannin Street one block north of Richmond Avenue and is conveniently located between Downtown and the Texas Medical Center. The property offers excellent access to US-69, 1-45 and Highway 288. PROPERTY HIGHLIGHTS Located in the Heart of Houston Renovated in 2015 Studio Lofts offer Excellent Natural Light and Hardwood Floors Ideal for Artist Studios and Related Businesses AVAILABLE SPACES FIRST FLOOR RETAIL: Suite 1015 4102 4112 Size 1,972 SF 1,926 SF 1,206 SF Monthly Rent $3,328 + NNN Charges ($739.50) $3,210 + NNN Charges ($722.25) $2,010 + NNN Charges ($452.25) SECOND FLOOR STUDIO LOFTS: Suite 213 202 209 208 207 Size 2,041 SF 499 SF 471 SF 377 SF 322 SF Monthly Rent $3,400.00 $850.00 $800.00 (12/01) $650.00 (12/01) $550.00 (02/01)
4118 Street, Houston, TX 77004 The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 4
4118 Street, Houston, TX 77004 The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 5
4118 Street, Houston, TX 77004 The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 4
The information contained herein was obtained sourcesisbelieved reliable; however, Moody Rambin makes no guarantees, warranties orprior representations as to the completenesswithout or accuracy thereof. The or accuracy thereof. The presentation on thisfrom property submitted subject to errors, omission, changes of price, or conditions, to sale or lease, or withdrawal notice. 3
The information contained herein was obtained sourcesisbelieved reliable; however, Moody Rambin makes no guarantees, warranties orprior representations as to the completenesswithout or accuracy thereof. The or accuracy thereof. The presentation on thisfrom property submitted subject to errors, omission, changes of price, or conditions, to sale or lease, or withdrawal notice. 6
4118 Street, Houston, TX 77004 POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 19,937 146,116 384,638 MEDIAN AGE 35.4 35.0 34.2 MEDIAN AGE (MALE) 36.4 34.8 33.7 MEDIAN AGE (FEMALE) 34.0 35.6 34.8 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 11,139 70,029 165,553 # OF PERSONS PER HH 1.8 2.1 2.3 AVERAGE HH INCOME $91,029 $96,288 $93,275 AVERAGE HOUSE VALUE $284,786 $341,144 $351,565 RACE 1 MILE 3 MILES 5 MILES % WHITE 67.7% 60.4% 59.2% % BLACK 17.1% 25.9% 23.7% % ASIAN 7.0% 6.9% 6.3% % HAWAIIAN 0.1% 0.1% 0.0% % INDIAN 0.1% 0.3% 0.4% % OTHER 6.0% 4.7% 8.8% ETHNICITY 1 MILE 3 MILES 5 MILES % HISPANIC 16.8% 17.7% 29.5% * Demographic data derived from 2010 US Census The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 7
Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about brokerage services to prospec ve buyers, tenants, sellers and landlords. 11-2-2015 TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be supervised by a broker to perform any services and works with clients on behalf of the broker. A BROKER S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): Put the interests of the client above all others, including the broker s own interests; Inform the client of any material informa on about the property or transac on received by the broker; Answer the client s ques ons and present any offer to or counter-offer from the client; and Treat all par es to a real estate transac on honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT OR SUBAGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. A subagent represents the owner, not the buyer, through an agreement with the owner s broker. An owner's agent must perform the broker s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent or subagent by the buyer or buyer s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a wri en representa on agreement. A buyer's agent must perform the broker s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must first obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary: Must treat all par es to the transac on impar ally and fairly; May, with the par es' wri en consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instruc ons of each party to the transac on. Must not, unless specifically authorized in wri ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wri en asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submi ed in a wri en offer; and any confiden al informa on or any other informa on that a party specifically instructs the broker in wri ng not to disclose, unless required to do so by law. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s du es and responsibili es to you, and your obliga ons under the representa on agreement. Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker s services. Please acknowledge receipt of this no ce below and retain a copy for your records. MRIO, Inc. Broker s Licensed Name or Primary Assumed Business Name Robert O. Cromwell, II 542512 License No. 385561 Designated Broker s Name License No. Phone 350464 Agent s Supervisor s Name License No. Email Phone 628575 Sales Agent/Associate s Name License No. Email Phone Email Email bcromwell@moodyrambinint.com 713-773-5500 Phone 713-773-5500 Buyer/Tenant/Seller/Landlord Initials Regulated by the Texas Real Estate Commission Date Informa on available at www.trec.texas.gov IABS 1-0