+ All Categories
Home > Documents > PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR,...

PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR,...

Date post: 22-Nov-2018
Category:
Upload: lamquynh
View: 213 times
Download: 0 times
Share this document with a friend
13
The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit- ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property. Lupita-Gutierrez Garza 956.536.9596 [email protected] PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577 Christian Gutierrez 956.367.5043 [email protected] Southern Commercial Real Estate Group 956.412.7273 www.screg.net FOR LEASE Shell space +/- 1,400 - 2,000 SF available
Transcript
Page 1: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

FOR LEASE Shell space +/- 1,400 - 2,000 SF available

Page 2: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

PROJECT HIGHLIGHTS

• 1.3 AC Corner PAD BTS/Ground Lease/Sale• New Construction - Phase 1 Completed• Ample parking• Ideal for retail, restaurant, office, etc. • Nice construction and finishes

LOCATION HIGHLIGHTS

• Close proximity to 2 International Bridges

• Area retailers include

- Walmart

- Whataburger

- Stripes

- Buffalo Wings & Rings

1 Mile 3 Mile 5 Mile

2017 Population 9,975 43,858 85,317

Daytime Population 6,912 63,509 91,841

Avg. HH Income $36,721 $44,485 $53,920

DEMOGRAPHICS

Asking Rent $18.00 - $24.00 /SF Annual

NNN $4.20 SF

Delivery Condition “AS-IS” or Shell Condition

Tenant Improvement Depends on terms

Min. Term Negotiable

DEAL TERMS

TRAFFIC COUNT MAP

TX DOT (2015)

Page 3: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

INTERIOR PHOTOS

Page 4: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

PHASE I FLOOR PLAN

AVAILABLE SF

14,000 SF BUILDING

Unit 1 2,000Unit 2 2,000Unit 3 2,000Unit 4 LEASEDUnit 5 LEASEDUnit 6 LEASEDUnit 7 2,000

DRIV

E - T

HRU

DRIV

E - T

HRU

Page 5: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

SITE PLAN

PHASE IPHASE II 1.3 AC CORNER PAD1st Floor Retail / 2nd Floor Office Suites Completed

JACKSON RD

LAS

MIL

PAS

RD

For Sale/Lease

Page 6: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

Page 7: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

Distance/Direction Report - Home to Work All Jobs for All Workers in 2014Created by the U.S. Census Bureau’s OnTheMap http://onthemap.ces.census.gov on 08/18/2017

Density of Work Locations for All Jobs in Home Selection Area in 2014All Workers

Map Legend

Job Density [Jobs/Sq. Mile]5 - 1920 - 61 62 - 132 133 -231 232 -359

Selection AreasAnalysis Selection

Page 1 of 3

All Jobs for All Workers in 2014Distance and Direction from Home Census Block to Work Census Block, Living in Selection Area

Less than 10 miles10 to 24 miles25 to 50 milesGreater than 50 miles

All Jobs for All Workers in 2014Distance from Home Census Block to Work Census Block, Living in Selection Area

2014Distance Count Share

Total All Jobs 3,751 100.0Less than 10 miles 2,040 54.410 to 24 miles 572 15.225 to 50 miles 301 8.0Greater than 50 miles 838 22.3

Page 2 of 3

Page 8: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

The information contained herein has, we believe, been obtained from reasonably reliable sources and we have no reason to doubt the accuracy of such information, however, no warranty or guarantee, either expressed or implied, is made to the accuracy thereof, all such information is submit-ted, subject to errors, omissions or changes in condition prior to sale, lease or withdrawal without notice. All information contained herein should be verified b the person relying thereon. We have not made and will not make any warranty or representations as to the condition of the property nor the presence of any hazardous substances or any environmental or other conditions that may affect the value or suitability of the property.

Lupita-Gutierrez Garza 956.536.9596

[email protected]

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Christian Gutierrez 956.367.5043

[email protected]

Southern Commercial Real Estate Group 956.412.7273

www.screg.net

Distance/Direction Report - Work to Home All Jobs for All Workers in 2014Created by the U.S. Census Bureau’s OnTheMap http://onthemap.ces.census.gov on 08/18/2017

Density of Home Locations for All Jobs in Work Selection Area in 2014All Workers

Map Legend

Job Density [Jobs/Sq. Mile]5 - 6 7 - 910 - 14 15 - 21 22 - 31

Selection AreasAnalysis Selection

Page 1 of 3

All Jobs for All Workers in 2014Distance and Direction from Work Census Block to Home Census Block, Employed in Selection Area

Less than 10 miles10 to 24 miles25 to 50 milesGreater than 50 miles

All Jobs for All Workers in 2014Distance from Work Census Block to Home Census Block, Employed in Selection Area

2014Distance Count Share

Total All Jobs 558 100.0Less than 10 miles 292 52.310 to 24 miles 147 26.325 to 50 miles 50 9.0Greater than 50 miles 69 12.4

Page 2 of 3

Page 9: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Executive Summary8001 S Jackson Rd, Pharr, Texas, 78577Rings: 1, 3, 5 mile radii

1 mile 3 miles 5 milesPopulation

2000 Population 5,015 22,613 52,2022010 Population 9,152 38,833 77,5312017 Population 9,995 43,858 85,3172022 Population 10,649 47,546 91,7852000-2010 Annual Rate 6.20% 5.56% 4.03%2010-2017 Annual Rate 1.22% 1.69% 1.33%2017-2022 Annual Rate 1.28% 1.63% 1.47%2017 Male Population 48.5% 48.2% 48.0%2017 Female Population 51.5% 51.8% 52.0%2017 Median Age 24.5 26.0 29.4

In the identified area, the current year population is 85,317. In 2010, the Census count in the area was 77,531. The rate of change since 2010 was 1.33% annually. The five-year projection for the population in the area is 91,785 representing a change of 1.47% annually from 2017 to 2022. Currently, the population is 48.0% male and 52.0% female.

Median Age

The median age in this area is 24.5, compared to U.S. median age of 38.2.Race and Ethnicity

2017 White Alone 86.9% 88.8% 87.4%2017 Black Alone 0.8% 0.6% 0.7%2017 American Indian/Alaska Native Alone 0.6% 0.5% 0.5%2017 Asian Alone 0.3% 0.3% 0.9%2017 Pacific Islander Alone 0.0% 0.0% 0.0%2017 Other Race 9.0% 8.1% 8.8%2017 Two or More Races 2.5% 1.7% 1.7%2017 Hispanic Origin (Any Race) 98.5% 97.8% 93.6%

Persons of Hispanic origin represent 93.6% of the population in the identified area compared to 18.1% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 32.9 in the identified area, compared to 64.0 for the U.S. as a whole.

Households2000 Households 1,039 4,981 14,0482010 Households 2,069 9,183 21,4332017 Total Households 2,260 10,404 23,4862022 Total Households 2,406 11,276 25,2322000-2010 Annual Rate 7.13% 6.31% 4.32%2010-2017 Annual Rate 1.23% 1.74% 1.27%2017-2022 Annual Rate 1.26% 1.62% 1.44%2017 Average Household Size 4.42 4.21 3.61

The household count in this area has changed from 21,433 in 2010 to 23,486 in the current year, a change of 1.27% annually. The five-year projection of households is 25,232, a change of 1.44% annually from the current year total. Average household size is currently 3.61, compared to 3.60 in the year 2010. The number of families in the current year is 19,426 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

August 18, 2017

©2017 Esri Page 1 of 2

Page 10: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Executive Summary8001 S Jackson Rd, Pharr, Texas, 78577Rings: 1, 3, 5 mile radii

1 mile 3 miles 5 milesMedian Household Income

2017 Median Household Income $25,062 $30,543 $35,8832022 Median Household Income $26,303 $33,650 $39,7122017-2022 Annual Rate 0.97% 1.96% 2.05%

Average Household Income

2017 Average Household Income $36,721 $44,485 $53,9202022 Average Household Income $40,952 $51,313 $63,0452017-2022 Annual Rate 2.20% 2.90% 3.18%

Per Capita Income2017 Per Capita Income $8,448 $10,886 $15,1012022 Per Capita Income $9,419 $12,556 $17,5912017-2022 Annual Rate 2.20% 2.90% 3.10%

Households by IncomeCurrent median household income is $35,883 in the area, compared to $56,124 for all U.S. households. Median household income is projected to be $39,712 in five years, compared to $62,316 for all U.S. households

Current average household income is $53,920 in this area, compared to $80,675 for all U.S. households. Average household income is projected to be $63,045 in five years, compared to $91,585 for all U.S. households

Current per capita income is $15,101 in the area, compared to the U.S. per capita income of $30,820. The per capita income is projected to be $17,591 in five years, compared to $34,828 for all U.S. households

Housing2000 Total Housing Units 1,129 5,426 16,926

2000 Owner Occupied Housing Units 804 3,783 9,9632000 Renter Occupied Housing Units 235 1,198 4,0852000 Vacant Housing Units 90 445 2,878

2010 Total Housing Units 2,210 9,815 24,6902010 Owner Occupied Housing Units 1,516 6,645 14,1732010 Renter Occupied Housing Units 553 2,538 7,2602010 Vacant Housing Units 141 632 3,257

2017 Total Housing Units 2,397 11,187 27,0262017 Owner Occupied Housing Units 1,593 7,220 14,9072017 Renter Occupied Housing Units 667 3,185 8,5802017 Vacant Housing Units 137 783 3,540

2022 Total Housing Units 2,550 12,122 29,0302022 Owner Occupied Housing Units 1,677 7,728 15,8962022 Renter Occupied Housing Units 729 3,548 9,3362022 Vacant Housing Units 144 846 3,798

Currently, 55.2% of the 27,026 housing units in the area are owner occupied; 31.7%, renter occupied; and 13.1% are vacant. Currently, in the U.S., 55.6% of the housing units in the area are owner occupied; 33.1% are renter occupied; and 11.3% are vacant. In 2010, there were 24,690 housing units in the area - 57.4% owner occupied, 29.4% renter occupied, and 13.2% vacant. The annual rate of change in housing units since 2010 is 4.10%. Median home value in the area is $89,602, compared to a median home value of $207,344 for the U.S. In five years, median value is projected to change by 2.81% annually to $102,907.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2017 and 2022. Esri converted Census 2000 data into 2010 geography.

August 18, 2017

©2017 Esri Page 2 of 2

Page 11: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Tapestry Segmentation Area Profile8001 S Jackson Rd, Pharr, Texas, 78577Drive Time: 5 minute radius

Top Twenty Tapestry Segments

2017 Households 2017 U.S. HouseholdsCumulative Cumulative

Rank Tapestry Segment Percent Percent Percent Percent Index1 Barrios Urbanos (7D) 53.4% 53.4% 1.0% 1.0% 50992 Southwestern Families (7F) 24.4% 77.8% 0.8% 1.8% 2,9433 Las Casas (13B) 21.0% 98.8% 0.7% 2.5% 2,8394 City Lights (8A) 1.1% 99.9% 1.5% 4.0% 78

Subtotal 99.9% 4.0%

Total 100.0% 4.1% 2445

SiteU.S.

Top Ten Tapestry Segments Site vs. U.S.Top Ten Tapestry Segments Site vs. U.S.

Barrios Urbanos (7D)

Southwestern Families (7F)

Las Casas (13B)

City Lights (8A)

Percent of Households by Tapestry Segment50454035302520151050

Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparison of the percent of households or Total Population 18+ in the area, by Tapestry segment, to the percent of households or Total Population 18+ in the United States, by segment. An index of 100 is the US average.Source: Esri

August 18, 2017

©2017 Esri Page 1 of 6

Page 12: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577

Tapestry Segmentation Area Profile8001 S Jackson Rd, Pharr, Texas, 78577Drive Time: 5 minute radius

2017 Tapestry Indexes by Households2017 Tapestry Indexes by Households

Tape

stry

Seg

men

ts

1A

1C

1E

2B

2D

3B

4A

4C

5B

5D

6A

6C

6E

7A

7C

7E

8A

8C

8E

8G

9B

9D

9F

10B

10D

11A

11C

11E

12B

12D

13B

13D

14A

14C

Index5,0004,0003,0002,0001,0000

2017 Tapestry Indexes by Total Population 18+2017 Tapestry Indexes by Total Population 18+

Tape

stry

Seg

men

ts

1A

1C

1E

2B

2D

3B

4A

4C

5B

5D

6A

6C

6E

7A

7C

7E

8A

8C

8E

8G

9B

9D

9F

10B

10D

11A

11C

11E

12B

12D

13B

13D

14A

14C

Index4,0003,5003,0002,5002,0001,5001,0005000

Data Note: This report identifies neighborhood segments in the area, and describes the socioeconomic quality of the immediate neighborhood. The index is a comparison of the percent of households or Total Population 18+ in the area, by Tapestry segment, to the percent of households or Total Population 18+ in the United States, by segment. An index of 100 is the US average.Source: Esri

August 18, 2017

©2017 Esri Page 2 of 6

Page 13: PRACTICAL BUSINESS PLAA - 001 S JACSON RD. PHARR, …images1.loopnet.com/d2/-hLabxUJ2b1hhQM6XMWDHfGAwtPLj_QFUtdwOxOUaLc/... · Avg. HH Income $36,721 $44,485 $53,920 DEMOGRAPHICS

PRACTICAL BUSINESS PLAZA - 8001 S JACKSON RD. PHARR, TX 78577Information About Brokerage Services 11-2-2015

Texas law requires all real estate license holders to give the following information about

brokerage services to prospective buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS:

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

Put the interests of the client above all others, including the broker’s own interests;Inform the client of any material information about the property or transaction received by the broker;Answer the client’s questions and present any offer to or counter-offer from the client; andTreat all parties to a real estate transaction honestly and fairly.

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner,usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum dutiesabove and must inform the owner of any material information about the property or transaction known by the agent, includinginformation disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through awritten representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of anymaterial information about the property or transaction known by the agent, including information disclosed to the agent by the seller orseller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the writtenagreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold orunderlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary:

Must treat all parties to the transaction impartially and fairly;May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner andbuyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.Must not, unless specifically authorized in writing to do so by the party, disclose:

that the owner will accept a price less than the written asking price;that the buyer/tenant will pay a price greater than the price submitted in a written offer; andany confidential information or any other information that a party specifically instructs the broker in writing not todisclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent thebuyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:The broker’s duties and responsibilities to you, and your obligations under the representation agreement.Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation foryou to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker/Broker Firm Name orPrimary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/ License No. Email PhoneAssociate

Phone: Fax:

Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Sales Agent/Associate's Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov

IABS 1-0TAR 2501

••

••••

••

••

Southern Commercial Real Estate Group, 414 West Harrison Ave. Harlingen, TX 78550 956.412.7273 .956.425.0868Lupita Gutierrez-Garza

IABS

Southern Commercial Real Estate Group 412275 [email protected] (956) 412-7273


Recommended