medical building sale / lease...age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 population by age number...

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South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364 The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice. 6 8 Medical and Dental 6156 RICHMOND AVE., HOUSTON, TX 77057 MEDICAL BUILDING SALE / LEASE 11,500 SF Surgery Center with Living Quarters

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Page 1: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

Medical and Dental

6156 RICHMOND AVE., HOUSTON, TX 77057MEDICAL BUILDING SALE / LEASE

11,500 SF Surgery Center with Living Quarters

Page 2: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

For more information,please contact:

Bryan Luong, [email protected]

713.530.8886South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364

The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8 Building Size: 11,500 SF

Surgical ops and recovery roomsProperty Details

2 Luxurious living quarters

Lot Size: 0.45 acres

42

3 f

ee

t

Designed and built for medical use

54

5 f

ee

t

54

5 f

ee

t

528 feet

Located off corner of Richmond Aveand Greenridge Dr.

Galleria Submarket

(1 Mile / 3 Mile/ 5 Mile)

2016 Population43,873 / 217,977 /511,462

TTL Households:17,796/ 94,269 / 216,463

Average Household Income$64,962/ $99,158 / $108,738

2021 Population47,118 / 235,421 /552,845

TTL Households:18,917/ 101,252 / 233,119

Average Household Income$68,595/ $106,689 / $116,842

Property Information

Economic Information Lease Rate: $2.25/SF NNN

Traffic Count: 70,020 cpd

Sale Price: $2.7 Mil

Inclusive of all high end furnitureReciprocal Access Agreement

Medical and Dental

MEDICAL BUILDING SALE / LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

Living, dining & Entertainment center Amble ParkingsGalleria Market

11,500 SF Surgery Center with Living Quarters

Page 3: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

528 feet

6156 RICHMOND AVE., HOUSTON, TX 77057MEDICAL BUILDING SALE / LEASE

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 4: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

528 feet

6156 RICHMOND AVE., HOUSTON, TX 77057MEDICAL BUILDING SALE / LEASE

11,500 SF Surgery Center with Living QuartersMedical and Dental

Page 5: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

528 feet

MEDICAL BUILDING FOR LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

SubjectProperty

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 6: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

528 feet

MEDICAL BUILDING FOR LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

SubjectProperty

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 7: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

528 feet

MEDICAL BUILDING FOR LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

SubjectProperty

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 8: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

MEDICAL BUILDING FOR LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 9: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

South Texas Prime Properties 13319 East Freeway, Houston, TX 77015 Cell: 713.530.8886 Fax: 888.252.5364The information contained herein was obtained from sources believed reliable: however, Bryan Luong and STPP make no guarantees, warranties or representations as to the completeness or accuracy thereof. The representation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease or withdrawal without notice.

6

8

42

3 f

ee

t

528 feet

54

5 f

ee

t

54

5 f

ee

t

MEDICAL BUILDING FOR LEASE6156 RICHMOND AVE., HOUSTON, TX 77057

Medical and Dental 11,500 SF Surgery Center with Living Quarters

Page 10: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.488761 mile 3 miles 5 miles

Census 2010 SummaryPopulation 40,253 200,694 470,654Households 16,928 88,115 200,963Families 8,236 44,911 110,231Average Household Size 2.38 2.27 2.32Owner Occupied Housing Units 3,119 29,774 81,921Renter Occupied Housing Units 13,809 58,341 119,042Median Age 29.4 32.7 33.9

2016 SummaryPopulation 43,873 217,977 511,462Households 17,796 94,269 216,463Families 8,592 47,504 116,917Average Household Size 2.46 2.30 2.35Owner Occupied Housing Units 2,922 29,875 82,593Renter Occupied Housing Units 14,874 64,394 133,870Median Age 30.5 33.9 35.0Median Household Income $37,980 $54,920 $59,009Average Household Income $64,962 $99,158 $108,738

2021 SummaryPopulation 47,118 235,421 552,845Households 18,917 101,252 233,119Families 9,100 50,697 124,902Average Household Size 2.49 2.32 2.36Owner Occupied Housing Units 3,061 31,859 88,071Renter Occupied Housing Units 15,856 69,394 145,048Median Age 31.0 34.6 35.6Median Household Income $37,645 $59,868 $65,979Average Household Income $68,595 $106,689 $116,842

Trends: 2016-2021 Annual RatePopulation 1.44% 1.55% 1.57%Households 1.23% 1.44% 1.49%Families 1.16% 1.31% 1.33%Owner Households 0.93% 1.29% 1.29%Median Household Income -0.18% 1.74% 2.26%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 1 of 7

Page 11: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.488761 mile 3 miles 5 miles

2016 Households by Income Number Percent Number Percent Number Percent<$15,000 3,285 18.5% 11,683 12.4% 25,002 11.6%$15,000 - $24,999 2,835 15.9% 11,142 11.8% 23,335 10.8%$25,000 - $34,999 2,173 12.2% 8,995 9.5% 20,328 9.4%$35,000 - $49,999 2,372 13.3% 11,364 12.1% 25,308 11.7%$50,000 - $74,999 2,821 15.9% 15,005 15.9% 32,008 14.8%$75,000 - $99,999 1,636 9.2% 9,696 10.3% 21,345 9.9%$100,000 - $149,999 1,189 6.7% 9,948 10.6% 25,110 11.6%$150,000 - $199,999 503 2.8% 4,848 5.1% 12,958 6.0%$200,000+ 982 5.5% 11,589 12.3% 31,069 14.4%

Median Household Income $37,980 $54,920 $59,009Average Household Income $64,962 $99,158 $108,738Per Capita Income $26,501 $43,050 $46,324

2021 Households by Income Number Percent Number Percent Number Percent<$15,000 3,626 19.2% 12,638 12.5% 26,813 11.5%$15,000 - $24,999 2,947 15.6% 11,672 11.5% 24,430 10.5%$25,000 - $34,999 2,425 12.8% 10,202 10.1% 23,294 10.0%$35,000 - $49,999 2,064 10.9% 9,158 9.0% 20,032 8.6%$50,000 - $74,999 2,804 14.8% 14,488 14.3% 30,938 13.3%$75,000 - $99,999 1,989 10.5% 11,825 11.7% 25,861 11.1%$100,000 - $149,999 1,338 7.1% 12,186 12.0% 30,788 13.2%$150,000 - $199,999 639 3.4% 5,849 5.8% 15,555 6.7%$200,000+ 1,087 5.7% 13,235 13.1% 35,409 15.2%

Median Household Income $37,645 $59,868 $65,979Average Household Income $68,595 $106,689 $116,842Per Capita Income $27,703 $46,050 $49,559

Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 2 of 7

Page 12: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.488761 mile 3 miles 5 miles

2010 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 3,929 9.8% 15,740 7.8% 35,755 7.6%Age 5 - 9 2,619 6.5% 12,424 6.2% 30,789 6.5%Age 10 - 14 1,804 4.5% 10,017 5.0% 25,926 5.5%Age 15 - 19 2,015 5.0% 9,996 5.0% 25,177 5.3%Age 20 - 24 4,455 11.1% 16,959 8.5% 35,424 7.5%Age 25 - 34 10,949 27.2% 44,400 22.1% 91,132 19.4%Age 35 - 44 6,512 16.2% 29,467 14.7% 67,660 14.4%Age 45 - 54 3,770 9.4% 24,126 12.0% 60,739 12.9%Age 55 - 64 2,502 6.2% 19,125 9.5% 48,651 10.3%Age 65 - 74 1,071 2.7% 9,845 4.9% 25,359 5.4%Age 75 - 84 494 1.2% 5,618 2.8% 15,927 3.4%Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7%

2016 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%Age 5 - 9 3,417 7.8% 14,587 6.7% 34,162 6.7%Age 10 - 14 2,436 5.6% 12,344 5.7% 30,902 6.0%Age 15 - 19 2,153 4.9% 10,980 5.0% 27,744 5.4%Age 20 - 24 3,934 9.0% 16,304 7.5% 36,069 7.1%Age 25 - 34 10,703 24.4% 43,929 20.2% 91,628 17.9%Age 35 - 44 7,461 17.0% 32,736 15.0% 73,705 14.4%Age 45 - 54 4,461 10.2% 24,959 11.5% 61,354 12.0%Age 55 - 64 2,981 6.8% 22,285 10.2% 56,682 11.1%Age 65 - 74 1,576 3.6% 14,100 6.5% 35,971 7.0%Age 75 - 84 620 1.4% 6,601 3.0% 18,069 3.5%Age 85+ 178 0.4% 3,499 1.6% 9,619 1.9%

2021 Population by Age Number Percent Number Percent Number PercentAge 0 - 4 4,212 8.9% 16,738 7.1% 38,030 6.9%Age 5 - 9 3,532 7.5% 15,119 6.4% 35,273 6.4%Age 10 - 14 2,948 6.3% 13,867 5.9% 33,395 6.0%Age 15 - 19 2,504 5.3% 12,161 5.2% 30,111 5.4%Age 20 - 24 4,048 8.6% 17,035 7.2% 38,703 7.0%Age 25 - 34 10,251 21.8% 44,418 18.9% 96,093 17.4%Age 35 - 44 8,033 17.0% 35,605 15.1% 79,417 14.4%Age 45 - 54 5,057 10.7% 26,568 11.3% 64,394 11.6%Age 55 - 64 3,474 7.4% 23,871 10.1% 59,746 10.8%Age 65 - 74 2,040 4.3% 17,501 7.4% 44,499 8.0%Age 75 - 84 789 1.7% 8,533 3.6% 22,471 4.1%Age 85+ 228 0.5% 4,006 1.7% 10,713 1.9%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 3 of 7

Page 13: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.488761 mile 3 miles 5 miles

2010 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 23,241 57.7% 126,567 63.1% 296,409 63.0%Black Alone 3,925 9.8% 19,406 9.7% 51,136 10.9%American Indian Alone 1,217 3.0% 2,186 1.1% 3,734 0.8%Asian Alone 2,071 5.1% 17,048 8.5% 44,219 9.4%Pacific Islander Alone 27 0.1% 101 0.1% 304 0.1%Some Other Race Alone 7,701 19.1% 27,102 13.5% 57,884 12.3%Two or More Races 2,070 5.1% 8,285 4.1% 16,967 3.6%Hispanic Origin (Any Race) 24,140 60.0% 83,613 41.7% 165,765 35.2%

2016 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 24,540 55.9% 133,006 61.0% 311,105 60.8%Black Alone 4,299 9.8% 21,054 9.7% 55,288 10.8%American Indian Alone 1,245 2.8% 2,223 1.0% 3,832 0.7%Asian Alone 2,601 5.9% 21,427 9.8% 55,203 10.8%Pacific Islander Alone 27 0.1% 104 0.0% 322 0.1%Some Other Race Alone 8,751 19.9% 30,364 13.9% 65,277 12.8%Two or More Races 2,410 5.5% 9,800 4.5% 20,436 4.0%Hispanic Origin (Any Race) 27,184 62.0% 93,800 43.0% 188,001 36.8%

2021 Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 25,950 55.1% 140,382 59.6% 327,574 59.3%Black Alone 4,583 9.7% 22,593 9.6% 59,307 10.7%American Indian Alone 1,339 2.8% 2,404 1.0% 4,167 0.8%Asian Alone 3,085 6.5% 25,735 10.9% 66,210 12.0%Pacific Islander Alone 26 0.1% 107 0.0% 339 0.1%Some Other Race Alone 9,452 20.1% 33,012 14.0% 71,595 13.0%Two or More Races 2,684 5.7% 11,188 4.8% 23,652 4.3%Hispanic Origin (Any Race) 29,911 63.5% 104,592 44.4% 211,822 38.3%

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 4 of 7

Page 14: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.48876

1 mile

AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.81.61.41.2

10.80.60.40.2

0

Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

242220181614121086420

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

< $15K18.5%

$15K - $24K15.9%

$25K - $34K12.2%

$35K - $49K13.3%

$50K - $74K15.9%

$75K - $99K9.2%

$100K - $149K6.7%

$150K - $199K2.8%

$200K+5.5%

2016 Population by Race2016 Population by Race

Perc

ent

6055

5045

403530

2520

1510

50

White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 5 of 7

Page 15: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.48876

3 miles

AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

1.8

1.6

1.4

1.2

1

0.8

0.6

0.4

0.2

0Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

20181614121086420

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

< $15K12.4%

$15K - $24K11.8%

$25K - $34K9.5%

$35K - $49K12.1%

$50K - $74K15.9%

$75K - $99K10.3% $100K - $149K

10.6%

$150K - $199K5.1%

$200K+12.3%

2016 Population by Race2016 Population by Race

Perc

ent

60

5550

45

40

35

30

25

2015

10

5

0White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 6 of 7

Page 16: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

Demographic and Income Comparison Profile6156 Richmond Ave, Houston, Texas, 77057 Prepared by Bryan Luong, CCIMRings: 1, 3, 5 mile radii Latitude: 29.73191

Longitude: -95.48876

5 miles

AreaStateUSA

Trends 2016-2021Trends 2016-2021

Ann

ual R

ate

(in

perc

ent)

2.22

1.81.61.41.2

10.80.60.40.2

0Population Households Families Owner HHs Median HH Income

20162021

Population by AgePopulation by Age

Perc

ent

16

14

12

10

8

6

4

2

0-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+

2016 Household Income 2016 Household Income

< $15K11.6%

$15K - $24K10.8%

$25K - $34K9.4%

$35K - $49K11.7%

$50K - $74K14.8%

$75K - $99K9.9%

$100K - $149K11.6%

$150K - $199K6.0%

$200K+14.4%

2016 Population by Race2016 Population by Race

Perc

ent

60

55

5045

40

35

30

25

20

15

10

5

0White Black Am.Ind. Asian Pacific Other Two+ Hisp

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021.

July 30, 2016

©2016 Esri Page 7 of 7

Page 17: MEDICAL BUILDING SALE / LEASE...Age 85+ 133 0.3% 2,980 1.5% 8,118 1.7% 2016 Population by Age Number Percent Number Percent Number Percent Age 0 - 4 3,953 9.0% 15,656 7.2% 35,556 7.0%

(TAR-2501) 1/1/96 Page 1 of 1

EQUAL HOUSING

OPPO RTU N ITY

Approved by the Texas Real Estate Commission for Voluntary Use

efore working with a real estate broker, you shouldBknow that the duties of a broker depend on whomthe broker represents. If you are a prospectiveseller or landlord (owner) or a prospective buyer or

tenant (buyer), you should know that the broker who liststhe property for sale or lease is the owner’s agent. Abroker who acts as a subagent represents the owner incooperation with the listing broker. A broker who acts asa buyer’s agent represents the buyer. A broker may act asan intermediary between the parties if the partiesconsent in writing. A broker can assist you in locating aproperty, preparing a contract or lease, or obtainingfinancing without representing you. A broker is obligatedby law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:

The broker becomes the owner’s agent by entering into anagreement with the owner, usually through a written -listing agreement, or by agreeing to act as a subagent byaccepting an offer of subagency from the listing broker. Asubagent may work in a different real estate office. Alisting broker or subagent can assist the buyer but doesnot represent the buyer and must place the interests ofthe owner first. The buyer should not tell the owner’sagent anything the buyer would not want the owner toknow because an owner’s agent must disclose to theowner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into anagreement to represent the buyer, usually through awritten buyer representation agreement. A buyer’s agentcan assist the owner but does not represent the ownerand must place the interests of the buyer first. The ownershould not tell a buyer’s agent anything the owner wouldnot want the buyer to know because a buyer’s agent mustdisclose to the buyer any material information known to theagent.

IF THE BROKER ACTS AS AN INTERMEDIARY:

A broker may act as an intermediary between the partiesif the broker complies with The Texas Real Estate License

Act. The broker must obtain the written consent of eachparty to the transaction to act as an intermediary. Thewritten consent must state who will pay the broker and, inconspicuous bold or underlined print, set forth the broker’sobligations as an intermediary. The broker is required totreat each party honestly and fairly and to comply withThe Texas Real Estate License Act. A broker who actsas an intermediary in a transaction:

(1) shall treat all parties honestly; (2) may not disclose that the owner will accept aprice less than the asking price unless authorized inwriting to do so by the owner; (3) may not disclose that the buyer will pay a pricegreater than the price submitted in a written offerunless authorized in writing to do so by the buyer; and(4) may not disclose any confidential information orany information that a party specifically instructs thebroker in writing not to disclose unless authorized inwriting to disclose the information or required to do soby The Texas Real Estate License Act or a courtorder or if the information materially relates to thecondition of the property.

With the parties’ consent, a broker acting as anintermediary between the parties may appoint a person whois licensed under The Texas Real Estate License Actand associated with the broker to communicate with andcarry out instructions of one party and another person whois licensed under that Act and associated with the brokerto communicate with and carry out instructions of theother party.

If you choose to have a broker represent you,

you should enter into a written agreement with the brokerthat clearly establishes the broker’s obligations and yourobligations. The agreement should state how and bywhom the broker will be paid. You have the right tochoose the type of representation, if any, you wish toreceive. Your payment of a fee to a broker does notnecessarily establish that the broker represents you. If youhave any questions regarding the duties andresponsibilities of the broker, you should resolve thosequestions before proceeding.

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 78711-2188 or 512-465-3960.

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

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

01A TREC No. OP-K