FANNIN SQUARE

ROBUST DEMOGRAPHICS
In a 5-mile radius there are over 500,000 people with an average household income of over $115,000.

PRIME LOCATION
Located steps from the Ion District, Fannin Square offers direct access to one of Houston’s most transformative developments — a 16-acre innovation hub attracting startups, tech companies, and major institutions. As the Ion District grows, so does the value of being part of this emerging economic center.

CURRENT DEVELOPMENT OF THE ION DISTRICT
The Ion District is currently going through Phase 2 of development. Phase 2 Included the construction of Pickle Lab and a brand new parking lot, this particular Phase is expected to be complete by 2026. Phase 3 and 4 are set to follow suit (see page 13).

AREA OF LARGE ECONOMIC GROWTH
The surrounding area is designed to drive long-term economic growth and attract investment. As businesses, talent, and capital continue to concentrate here, properties in proximity are poised to benefit from increased demand and appreciation.

APPEAL FOR FUTURE TENANTS
With nearby amenities including coworking spaces, top-tier restaurants, community events, and retail, the Ion District helps create an active, walkable environment. This boosts foot traffic and makes Fannin Square an ideal location for office, retail, or mixeduse tenants.

CLOSE PROXIMITY TO DOWNTOWN
Fannin Square is located within 1.3 Miles from Downtown Houston which is a large hub for working and entertainment as well.

NEW LONG TERM TENANT
A new lease with Hounds Town was signed for 10 years increasing the stability and driving up the Net Operating Income of the property.

VALUE-ADD OPPORTUNITY
With the property currently having some vacancy, there is an ability to come in and increase cash flow from day one.

BELOW REPLACEMENT COST
Priced at $188 PSF, this property is far below replacement cost, giving the new owner a low basis, with the opportunity to increase the value over time.

Simon Assaf In conjunction with Matthews Real Estate Investment Services, Inc., a cooperating foreign broker for this listing pursuant to Section 535.4(b) of the Texas Administrative Code.