1150 Bissonnett Institutional Development Site

1150 Bissonnett Institutional Development Site

View Offering Memorandum and Financials

Offering Summary:

  • Location: Houston, TX

Investment Highlights:

  • Located within the historic Museum District submarket of Houston
  • Average household income for the 77005 zip code is $292,000, nearly four times the city average for the Houston MSA
  • 49% of households make over $200,000 per year, one of the highest marks among Houston zip codes
  • Above average median home value of $477,000 within a 2-mile radius of the subject
  • Expected population growth of 8% by 2025
  • Excellent proximity to major employment districts in Houston such as the Central Business District, Galleria, and Texas Medical Center
  • Within a 10-minute drive from Montrose, Midtown, Downtown, and Rice Village all of which offering upscale dining, shopping, retail, & entertainment options
  • Total Specified Consumer Spending was $1.6 billion within a 2-mile radius subject

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