Managing Director

Simmi Jaggi

Misty Oaks

FM 1128 and West Lea Lane

110 Whispering Pines

5215 Hollister Rd

SWQ Beltway 8 and SH 288

Sienna Commercial Reserves

I-45 & Springwoods Village Parkway

10305 Westpark Dr

Hwy 3 and Century Blvd

Cullen Blvd and Hughes Ranch Rd

SEC FM 1764 and Century Blvd

10201 Main St

Shepherd Plaza

Aliana

SEQ of Oyster Creek Drive and Dixie Drive

Vicksburg Avenue and Skyline Drive

555 W NASA Road 1

 12115 South Main Street

Katy-Flewellen Road and Kentmerse Ridge

US Pain & Spine Institute

Ashland

2301 Cypress Creek Pkwy

I-45 between FM 1764 and FM 1765

Hwy 6 and Louisiana

SWQ of Lago Mar Blvd & Holland Rd

+10 ac in Webster

Lone Star Pkwy & Lone Star Bend

SWQ Clay Rd and Brittmoore Rd

7634 Harrisburg Blvd

2415 Riverside Dr

Hwy 146

NEC FM 1774 & FM 1486

Holzwarth Rd & Spring Stuebner Rd

NWC Waugh & West Gray

9104 Cypress Creek Parkway

6306 Aldine Bender Rd

NEQ Medical Complex Drive and Hufsmith-Kohrville

CR 190 and Old Airline Rd

Beltway 8 and Cullen Blvd

5420 Dashwood Drive (Excess Land)

3107 Fry Rd

5625 FM 1960 Rd E

800 and 818 5th Street N

SWC Beltway 8 & Del Papa St

FM 1464 and W. Airport - (Aliana Retail Reserve)

502 W Dallas St

103 N Jackson

NEQ of Clay Street and Collins Rd, Richmond

NWC Clear Lake City Blvd and HWY 3

Cypress Green Commercial Reserves

106 E. Willowick Avenue

1105 Hwy 146

1-10 and Alleyton Road

22101 Westheimer Pkwy

3117 Main Street

801 W Parkwood Ave

701 Live Oak

FM 518 and Old Chocolate Bayou Road

NWQ Trammel Fresno and S Post Oak

The Reserve at Manvel

SWC Almeda Genoa Road and Canterwell Road

Highway 35 and North Hastings Field Road

Executive Vice President

Elizabeth Clampitt

W Santa Fe St And Sandra St

Jones Lang LaSalle (“JLL”), on behalf of the owner, is pleased to present the opportunity to purchase ±1.1 acres at the signalized intersection of W Gray and Waugh near Downtown Houston, in Houston’s bustling Montrose submarket. The Property is located east of River Oaks, south of the highly acclaimed Buffalo Bayou Park, and just east of Houston’s two highly anticipated mixed-use developments that are under construction. The site sits on a high visibility corner and allows for easy access across the city of Houston along major thoroughfares including Waugh, West Gray, Allen Parkway, Shepherd, Montrose Boulevard and Memorial Drive. The site is ideal for a wide variety of development uses in one of Houston’s most affluent and highgrowth submarkets.

1500 Waugh Drive

Located in Montrose, one of Houston’s premier submarkets linking the affluent neighborhood of River Oaks to DowntownNo zoning allows for flexible development options across all product typesEffortless accessibility to major thoroughfares including Waugh, West Gray, Allen Parkway, Memorial Drive, and Shepherd resulting in unparalleled access across HoustonLess than 1/2 mile from Buffalo Bayou Park, one of Houston’s most celebrated parks, connecting Downtown to River Oaks and Memorial ParkLocated next to River Oaks Shopping CenterAffluent neighborhood demographics - $172,000 average household income in a 1-mile radius

±1.1 acres at the signalized intersection of West Gray and Waugh in Houston’s bustling Montrose submarket, located near Downtown Houston

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Office property subtype"
[[propertySubTypes.options]]
value = "office"
label = "Office"
[[propertySubTypes.options]]
value = "government"
label = "Government"
[[propertySubTypes.options]]
value = "condo"
label = "Condo"
[[propertySubTypes.options]]
value = "medical"
label = "Medical"
[[propertySubTypes.options]]
value = "creative"
label = "Creative"
[[propertySubTypes.options]]
value = "mixed-use"
label = "Mixed-Use"
[[propertySubTypes.options]]
value = "lab"
label = "Lab"
[[propertySubTypes.options]]
value = "lab-biotech"
label = "Lab/Biotech"
[[propertySubTypes.options]]
value = "education"
label = "Education"
[[propertySubTypes.options]]
value = "coworking"
label = "Flex/R&D"
[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"

Sale - Office - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Retail property subtype"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "power-center"
label = "Power Center"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"

Rent - Retail - Additional Filters

title="Size"
disclaimer="Approx. 100 SF = 1 desk"
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"
[[metric]]
key = "desks"
tabLabel = "desks"
unitLabel= "desks"

[min]
[min.5]  
  desks=5
  value=5
[min.10]  
  desks=10
  value=10
[min.50]  
  feet=50
  desks=50
  value=50
[min.100]  
  desks=100
  value=100
[min.200]
  feet=200
  desks=200
  value=200
[min.300]  
  desks=300
  value=300
[min.500]
  feet=500
  desks=500
  value=500
[min.1000]
  feet="1,000"
  desks="1,000"
  value=1000
[min.2000]
  feet="2,000"
  desks="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  desks=5
  value=5
[max.10]  
  desks=10
  value=10
[max.50]  
  feet=50
  desks=50
  value=50
[max.100]  
  desks=100
  value=100
[max.200]
  feet=200
  desks=200
  value=200
[max.300]  
  desks=300
  value=300
[max.500]
  feet=500
  desks=500
  value=500
[max.1000]
  feet="1,000"
  desks="1,000"
  value=1000
[max.2000]
  feet="2,000"
  desks="2,000"
  value=2000
[max.5000]
  feet="5,000"
  value=5000
[max.7000]
  feet="7,000"
  value=7000
[max.10000]
  feet="10,000"
  value=10000
[max.20000]
  feet="20,000"
  value=20000
[max.30000]
  feet="30,000"
  value=30000
[max.50000]
  feet="50,000"
  value=50000
[max.70000]
  feet="70,000"
  value=70000
[max.100000]
  feet="100,000"
  value=100000
[max.250000]
  feet="250,000"
  value=250000

Default - Office - Surface

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubMarket]
title = "Multifamily property subtype"
[[propertySubMarket.options]]
value = "apartment"
label = "Apartments"
[[propertySubMarket.options]]
value = "conventional"
label = "Conventional"
[[propertySubMarket.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubMarket.options]]
value = "condo"
label = "Condominium"
[[propertySubMarket.options]]
value = "active-adult"
label = "Active Adult"

Rent - Multifamily - Additional Filters

title="Price"
unitLabel="per SF"
metric="per SF"
[min]
[min.10]
  label="$10"
  value=10
[min.20]
  label="$20"
  value=20
[min.30]
  label="$30"
  value=30
[min.40]
  label="$40"
  value=40
[min.50]
  label="$50"
  value=50
[min.60]
  label="$60"
  value=60
[min.70]
  label="$70"
  value=70
[min.80]
  label="$80"
  value=80
[min.100]
  label="$100"
  value=100
[min.120]
  label="$120"
  value=120
[min.150]
  label="$150"
  value=150
[min.200]
  label="$200"
  value=200

[max]
[max.10]
  label="$10"
  value=10
[max.20]
  label="$20"
  value=20
[max.30]
  label="$30"
  value=30
[max.40]
  label="$40"
  value=40
[max.50]
  label="$50"
  value=50
[max.60]
  label="$60"
  value=60
[max.70]
  label="$70"
  value=70
[max.80]
  label="$80"
  value=80
[max.100]
  label="$100"
  value=100
[max.120]
  label="$120"
  value=120
[max.150]
  label="$150"
  value=150
[max.200]
  label="$200"
  value=200

Rent - Default - Price

[buildingClass]
title="Building Class"
[[buildingClass.options]]
value="Trophy"
label="Trophy"
[[buildingClass.options]]
value="A"
label="A"
[[buildingClass.options]]
value="B"
label="B"
[[buildingClass.options]]
value="virtualtour"
label="C"
[[buildingClass.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Sale Additional Filter

Rent Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Industrial property subtype"
[[propertySubTypes.options]]
value = "coworking"
label = "Flex/R&D"
[[propertySubTypes.options]]
value = "government"
label = "Government"
[[propertySubTypes.options]]
value = "condo"
label = "Condo"
[[propertySubTypes.options]]
value = "medical"
label = "Medical"
[[propertySubTypes.options]]
value = "creative"
label = "Creative"
[[propertySubTypes.options]]
value = "mixed-use"
label = "Mixed-Use"
[[propertySubTypes.options]]
value = "lab"
label = "Lab"
[[propertySubTypes.options]]
value = "lab-biotech"
label = "Lab/Biotech"
[[propertySubTypes.options]]
value = "education"
label = "Education"
[[propertySubTypes.options]]
value = "light-manufacturing"
label = "Light Manufacturing"
[[propertySubTypes.options]]
value = "freestanding-retail"
label = "Freestanding Retail"
[[propertySubTypes.options]]
value = "showroom"
label = "Showroom"
[[propertySubTypes.options]]
value = "street-retail"
label = "Street Retail"
[[propertySubTypes.options]]
value = "shopping-center"
label = "Shopping Center"
[[propertySubTypes.options]]
value = "clinic"
label = "Clinic"
[[propertySubTypes.options]]
value = "warehouse"
label = "Warehouse & Distribution"
[[propertySubTypes.options]]
value = "special-purpose"
label = "Special Purpose"
[[propertySubTypes.options]]
value = "mall"
label = "Mall"
[[propertySubTypes.options]]
value = "light-distribution"
label = "Light Distribution"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"

Sale - Industrial - Additional Filters

Rent - Office - Additional Filters

Sale - Retail - Additional Filters

Rent - Industrial - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"
[propertySubTypes]
title = "Multifamily property subtype"
[[propertySubTypes.options]]
value = "apartment"
label = "Apartments"
[[propertySubTypes.options]]
value = "conventional"
label = "Conventional"
[[propertySubTypes.options]]
value = "student-housing"
label = "Student Housing"
[[propertySubTypes.options]]
value = "condo"
label = "Condominium"
[[propertySubTypes.options]]
value = "active-adult"
label = "Active Adult"

Sale - Multifamily - Additional Filters

[buildingClasses]
title="Building Class"
[[buildingClasses.options]]
value="Trophy"
label="Trophy"
[[buildingClasses.options]]
value="A"
label="A"
[[buildingClasses.options]]
value="B"
label="B"
[[buildingClasses.options]]
value="C"
label="C"
[[buildingClasses.options]]
value="Unclassified"
label="Unclassified"
[isSublease]
title="Sublease"
[[isSublease.options]]
value="true"
label="Yes"
[[isSublease.options]]
value="false"
label="No"

Default - Default- Additional Filters

title="Size"
disclaimer=""
[[metric]]
key = "acres"
tabLabel = "acres"
unitLabel= "ac"

[min]
[min.1]  
value=0.1
[min.2]  
value=0.2
[min.3]  
acres=0.25
value=0.25
[min.4]  
acres=0.5
value=0.5
[min.5]
acres=1
value=1
[min.6]  
value=1.5
[min.7]
acres=2
value=2
[min.8]
acres=3
value=3
[min.9]
acres=4
value=4
[min.10]
acres=5
value=5
[min.11]
acres=10
value=10

[max]
[max.1]  
value=0.1
[max.2]  
value=0.2
[max.3]  
acres=0.25
value=0.25
[max.4]  
acres=0.5
value=0.5
[max.5]
acres=1
value=1
[max.6]  
value=1.5
[max.7]
acres=2
value=2
[max.8]
acres=3
value=3
[max.9]
acres=4
value=4
[max.10]
acres=5
value=5
[max.11]
acres=10
value=10

Default - Land - Lot Size

title="Size"
disclaimer=""
[[metric]]
key = "feet"
tabLabel = "SF"
unitLabel= "SF"

[min]
[min.50]  
  feet=50
  value=50
[min.200]
  feet=200
  value=200
[min.500]
  feet=500
  value=500
[min.1000]
  feet="1,000"
  value=1000
[min.2000]
  feet="2,000"
  value=2000
[min.5000]
  feet="5,000"
  value=5000
[min.7000]
  feet="7,000"
  value=7000
[min.10000]
  feet="10,000"
  value=10000
[min.20000]
  feet="20,000"
  value=20000
[min.30000]
  feet="30,000"
  value=30000
[min.50000]
  feet="50,000"
  value=50000
[min.70000]
  feet="70,000"
  value=70000
[min.100000]
  feet="100,000"
  value=100000
[min.250000]
  feet="250,000"
  value=250000

[max]
[max.5]  
  feet=50
  value=50
[max.200]
  feet=200
  value=200
[max.500]
  feet=500
  value=500
[max.1000]
  feet="1,000"
  value=1000
[max.2000]
  feet="2,000"
  value=2000
[max.5000]
  feet="5,000"
  value=5000
[max.7000]
  feet="7,000"
  value=7000
[max.10000]
  feet="10,000"
  value=10000
[max.20000]
  feet="20,000"
  value=20000
[max.30000]
  feet="30,000"
  value=30000
[max.50000]
  feet="50,000"
  value=50000
[max.70000]
  feet="70,000"
  value=70000
[max.100000]
  feet="100,000"
  value=100000
[max.250000]
  feet="250,000"
  value=250000

Default - Default - Surface

Default - Land - Surface

title="Price"
metric="label"
unitLabel="$"
[min]
[min.10000]
  label="10,000"
  value=10000
[min.25000]
  label="25,000"
  value=25000
[min.50000]
  label="50,000"
  value=50000
[min.100000]
  label="100,000"
  value=100000
[min.150000]
  label="150,000"
  value=150000
[min.250000]
  label="250,000"
  value=250000
[min.500000]
  label="500,000"
  value=500000
[min.1000000]
  label="1,000,000"
  value=1000000
[min.2500000]
  label="2,500,000"
  value=2500000
[min.5000000]
  label="5,000,000"
  value=5000000
[min.10000000]
  label="10,000,000"
  value=10000000
[min.25000000]
  label="25,000,000"
  value=25000000
[min.50000000]
  label="50,000,000"
  value=50000000

[max]
[max.10000]
  label="10,000"
  value=10000
[max.25000]
  label="25,000"
  value=25000
[max.50000]
  label="50,000"
  value=50000
[max.100000]
  label="100,000"
  value=100000
[max.150000]
  label="150,000"
  value=150000
[max.250000]
  label="250,000"
  value=250000
[max.500000]
  label="500,000"
  value=500000
[max.1000000]
  label="1,000,000"
  value=1000000
[max.2500000]
  label="2,500,000"
  value=2500000
[max.5000000]
  label="5,000,000"
  value=5000000
[max.10000000]
  label="10,000,000"
  value=10000000
[max.25000000]
  label="25,000,000"
  value=25000000
[max.50000000]
  label="50,000,000"
  value=50000000

Default - Default - Price

Broker Inquiry

DisclaimerJones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously. Your access to and use of this Site is subject to the following&nbsp;<a href="https://www.us.jll.com/en/terms-of-service" target="_blank">Terms of Use</a>.We are committed to keeping the personal information entrusted to us, with the appropriate level of security, and as long as we deem it necessary for any professional or legal reason. We will then delete your data securely and securely. For more information on how JLL processes your personal data, please see our&nbsp;<a href="https://www.us.jll.com/en/privacy-statement" target="_blank">privacy statement</a>.

NWC Waugh & West Gray

1500 Waugh Drive

±1.1 acres at the signalized intersection of West Gray and Waugh in Houston’s bustling Montrose submarket, located near Downtown Houston

Location

Brochure