3.45 acre unrestricted redevelopment site. Property currently has 2 buildings (11,985 sf and 3,555 sf) both leased to Fuddruckers/Luby's. Lease can be terminated with 90 day notice. The site is within the 100 year flood plain. Unrestricted Development Site • No known restrictions on the site • Close proximity to the Texas Medical Center warrants high density development Owners Have Completed Preliminary Engineering and Architectural Studies • LJA Engineers • EDI Architect Adjacent to Hermann Park • 445-acre cultural and recreational hub adjacent to the site • Has undergone $119 M renovation Located in the Heart of the Renowned Texas Medical Center • Texas Medical Center is largest medical complex in the world, home to over 106,000 employees • Over 5 Million SF of commercial space within 1.5 mile radius of Property Benefiting from Booming Surrounding Life Sciences Growth • Located 1 mile from new TMC3 campus which will be home to 3.7 Million SF of commercial space and create an estimated 23,000+ jobs • Minutes from new Levit Green development - 53-acre complex that will offer mixed uses including research facilities, office, shopping & dining, and outdoor amenity/green space