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Spencer Retail Center - LoopNet...Spencer Retail Center 7101—7127 Spencer Highway Pasadena, Texas...

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F O R L E A S E Spencer Retail Center The information contained herein has been obtained from reliable sources; however, Owner & Broker make no guarantees, representations or warranties, expressed or implied, as to the accuracy of the information and should be verified by buyer / tenant. Property submitted is subject to errors, omissions, changes of price, prior sale / lease, or withdrawal without notice. 7101—7127 Spencer Highway Pasadena, Texas 77505 1,251 SF Endcap Previously Used for Financial Lending Great Location for: - Insurance - Tax Office - Lender - Cell Phone Sales - Service Location - Retail Sales PROPERTY HIGHLIGHTS: 13,400 SF Neighborhood Center. Located on Spencer Highway, between Red Bluff Boulevard and Center Street. Good Mix of Successful Long-Term Local- ly-Owned Businesses. Home of Credeur’s Cajun Cookin’.
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Page 1: Spencer Retail Center - LoopNet...Spencer Retail Center 7101—7127 Spencer Highway Pasadena, Texas 77505 Demographics 1 Mile 3 Miles 5 Miles Average HH Income $ 59,811 $ 71,213 $

F O R L E A S E

Spencer Retail Center

The information contained herein has been obtained from reliable sources; however, Owner & Broker make no guarantees, representations or warranties, expressed or implied, as to the accuracy of the

information and should be verified by buyer / tenant. Property submitted is subject to errors, omissions, changes of price, prior sale / lease, or withdrawal without notice.

7101—7127 Spencer Highway Pasadena, Texas 77505

1,251 SF Endcap Previously Used for

Financial Lending Great Location for: - Insurance - Tax Office - Lender - Cell Phone Sales - Service Location - Retail Sales

PROPERTY HIGHLIGHTS:

13,400 SF Neighborhood Center.

Located on Spencer Highway, between Red Bluff Boulevard and Center Street.

Good Mix of Successful Long-Term Local-ly-Owned Businesses.

Home of Credeur’s Cajun Cookin’.

Page 2: Spencer Retail Center - LoopNet...Spencer Retail Center 7101—7127 Spencer Highway Pasadena, Texas 77505 Demographics 1 Mile 3 Miles 5 Miles Average HH Income $ 59,811 $ 71,213 $

F O R L E A S E

The information contained herein has been obtained from reliable sources; however, Owner & Broker make no guarantees, representations or warranties, expressed or implied, as to the accuracy of the

information and should be verified by buyer / tenant. Property submitted is subject to errors, omissions, changes of price, prior sale / lease, or withdrawal without notice.

Spencer Retail Center 7101—7127 Spencer Highway

Pasadena, Texas 77505 1,251 SF Endcap Previously Used for

Financial Lending Great Location for: - Insurance - Tax Office - Lender - Cell Phone Sales - Service Location - Retail Sales

Page 3: Spencer Retail Center - LoopNet...Spencer Retail Center 7101—7127 Spencer Highway Pasadena, Texas 77505 Demographics 1 Mile 3 Miles 5 Miles Average HH Income $ 59,811 $ 71,213 $

F O R L E A S E

The information contained herein has been obtained from reliable sources; however, Owner & Broker make no guarantees, representations or warranties, expressed or implied, as to the accuracy of the

information and should be verified by buyer / tenant. Property submitted is subject to errors, omissions, changes of price, prior sale / lease, or withdrawal without notice.

Spencer Retail Center 7101—7127 Spencer Highway

Pasadena, Texas 77505

Demographics 1 Mile 3 Miles 5 Miles

Average HH Income $ 59,811 $ 71,213 $ 68,275

Total Population 13,159 78,919 187,437

Households 5,379 31,055 66,245

Based on LoopNet.com Data

Traffic Counts

Red Bluff Blvd 21,160

Spencer Highway 31,160

Composite ADT 52,320

Based on TXDOT Data

1,251 SF Endcap Previously Used for

Financial Lending Great Location for: - Insurance - Tax Office - Lender - Cell Phone Sales - Service Location - Retail Sales

Page 4: Spencer Retail Center - LoopNet...Spencer Retail Center 7101—7127 Spencer Highway Pasadena, Texas 77505 Demographics 1 Mile 3 Miles 5 Miles Average HH Income $ 59,811 $ 71,213 $

INFO

RM

ATI

ON

ABO

UT B

RO

KERA

GE S

ERVIC

ES

Ap

pro

ve

d b

y t

he

Te

xa

s R

ea

l E

sta

te C

om

mis

sio

n f

or

Vo

lun

tary

Us

e

Te

xas law

requires a

ll re

al esta

te lic

ensees to g

ive the f

ollo

win

g info

rmatio

n a

bout

bro

kera

ge s

erv

ices to p

rospec-

tive b

uyers

, te

nants

, selle

rs a

nd landlo

rds.

Tex

as R

eal

Est

ate

Bro

ker

s an

d S

ales

per

son

s ar

e li

cen

sed

and

reg

ula

ted

by t

he

Tex

as R

eal

Est

ate

Com

mis

sion

(T

RE

C).

If

you

hav

e a

qu

esti

on

or

com

-p

lain

t re

gar

din

g a

rea

l es

tate

lic

ense

e, y

ou

sh

ou

ld c

on

tact

TR

EC

at

P.O

. B

ox 1

2188

, A

ust

in,

Tex

as 7

8711

-21

88

or

512-4

65-3

96

0.

Real esta

te lic

ensee a

sks that you a

cknow

ledge r

eceip

t of

this

in

form

atio

n a

bout

bro

kera

ge s

erv

ices for

the lic

ensee’s

record

s.

Bu

ye

r, S

elle

r, L

an

dlo

rd o

r T

en

an

t

D

ate

Bef

ore

work

ing w

ith a

rea

l est

ate

bro

ker,

you s

hould

know

that th

e dutie

s of a b

roke

r depen

d o

n w

hom

the

bro

ker

rep-

rese

nts

. If yo

u a

re a

pro

spec

tive

selle

r or

landlo

rd (ow

ner

) or

a p

rosp

ectiv

e buye

r or

tenant (b

uye

r),

you s

hould

know

th

at th

e bro

ker

who lis

ts the

pro

perty

for

sale

or

lease

is

the

ow

ner’

s agen

t.

A b

roke

r w

ho a

cts

as

a s

ubagen

t re

pre

sents

th

e ow

ner

in c

oopera

ting w

ith the

listin

g b

roke

r. A

bro

ker

who a

cts

as

a b

uye

r’s

repre

senta

tive

repre

sents

the

buye

r.

A

bro

ker

may

act

as

an inte

rmedia

ry b

etw

een the

partie

s if

the

partie

s co

nse

nt in

writin

g. A

bro

ker

can a

ssis

t yo

u in loca

t-in

g a

pro

per

ty, pre

paring a

contract

or

lease

, or

obta

inin

g

financi

ng w

ithout re

pre

sentin

g y

ou. A

bro

ker

is o

blig

ate

d b

y la

w to tre

at yo

u h

ones

tly.

IF T

HE B

RO

KER R

EPRESE

NTS

TH

E O

WN

ER:

The

bro

ker

beco

mes

the

ow

ner

’s a

gent by

ente

ring into

an

agre

em

ent w

ith the

ow

ner

, usu

ally

thro

ugh a

written

lis

ting

agre

em

ent, o

r by

agre

eing to a

ct a

s a s

ubagen

t by

acc

ept-

ing a

n o

ffer

of su

bagen

cy fro

m the

listin

g b

roke

r.

A s

uba-

gen

t m

ay

work

in a

diff

ere

nt re

al es

tate

offic

e. A

lis

ting b

ro-

ker

or

subagen

t ca

n a

ssis

t th

e buye

r but does

not re

pre

sent

the

buye

r and m

ust

pla

ce the inte

rest

s of th

e ow

ner

first

.

The

buye

r sh

ould

not te

ll th

e ow

ner’

s agen

t anyt

hin

g the

buye

r w

ould

not w

ant th

e ow

ner

to k

now

bec

ause

an o

wn-

er’s

agent m

ust

dis

close

to the

ow

ner

any

mate

rial in

for-

matio

n k

now

n to the

agent.

IF T

HE B

RO

KER R

EPRESE

NTS

TH

E B

UYER:

The

bro

ker

beco

mes

the

buye

r’s

agent by

ente

ring into

an

agre

em

ent to

repre

sent th

e buye

r, u

sually

thro

ugh a

written

agre

em

ent to

buye

r re

pre

senta

tion a

gre

em

ent. A

buye

r’s

agen

t ca

n a

ssis

t th

e ow

ner

but does

not re

pre

sent th

e ow

ner

and m

ust

pla

ce the

inte

rest

s of th

e buye

r fir

st. T

he

ow

ner

sh

ould

not te

ll a b

uye

r’s

agent anyt

hin

g the

ow

ner

would

not w

ant th

e buye

r to

know

bec

ause

a b

uye

r’s

agent m

ust

dis

close

to the

buye

r any

mate

rial in

form

atio

n k

now

n to the

agen

t.

IF T

HE B

RO

KER A

CTS

AS

AN

IN

TERM

ED

IARY:

A b

roke

r m

ay

act

as

an inte

rmed

iary

bet

wee

n the

partie

s if

the

bro

ker

com

plie

s w

ith T

he

Texa

s Rea

l Est

ate

Lic

ense

Act

.

The

bro

ker

must

obta

in the

written

conse

nt of each

part

y to

the

transa

ctio

n to a

ct a

s an inte

rmed

iary

. T

he

written

con-

sent m

ust

sta

te w

ho w

ill p

ay

the

bro

ker

and, in

consp

icuous

bold

or

underlin

ed p

rint, s

et forth the

bro

ker’

s oblig

atio

ns

as

inte

rmed

iary

. T

he

bro

ker

is r

equired

to tre

at ea

ch p

arty

hones

tly a

nd fairly

, and to c

om

ply

with

The

Texa

s Rea

l Es-

tate

Lic

ense

Act

. A

bro

ker

who a

cts

as

an inte

rmed

iary

in a

transa

ctio

n:

(1

) s

hall

trea

t all

partie

s hones

tly.

(2) m

ay

not dis

close

that th

e o

wner

will

acc

ept a p

rice

le

ss than the

ask

ing p

rice

unle

ss a

uth

orize

d in w

ritin

g

to d

o s

o b

y th

e ow

ner

. (3

) m

ay

not dis

close

that th

e b

uye

r w

ill p

ay

a p

rice

gre

at-

er than the

price

subm

itted

in a

written

offer

unle

ss

auth

orize

d in w

ritin

g to d

o s

o b

y th

e buye

r; a

nd

(4) m

ay

not dis

close

any

confid

entia

l in

form

atio

n o

r any

info

rmatio

n that a p

arty

spec

ifica

lly inst

ruct

s th

e bro

-ke

r in

writin

g n

ot to

dis

close

unle

ss a

uth

orize

d in w

rit-

ing to d

iscl

ose

the

info

rmatio

n o

r re

quired

to d

o s

o b

y Th

e Te

xas

Rea

l Est

ate

Lic

ense

Act

or

a c

ourt o

rder

or

if th

e in

form

atio

n m

ate

rially

rel

ate

s to

the

conditi

on o

f th

e pro

per

ty.

With

the

partie

s’ c

onse

nt, a

bro

ker

act

ing a

s an inte

rmed

iary

bet

wee

n the

partie

s m

ay

appoin

t a p

ers

on w

ho is

license

d

under

The

Texa

s Rea

l Est

ate

Lic

ense

Act

and a

ssoci

ate

d w

ith

the

bro

ker

to c

om

munic

ate

with

and c

arr

y out in

stru

ctio

ns

of

one

party

and a

noth

er p

erso

n w

ho is

license

d u

nder

that A

ct

and a

ssoci

ate

d w

ith the

bro

ker

to c

om

munic

ate

with

and

carr

y out in

stru

ctio

ns

of th

e oth

er p

arty.

If

you c

hoose

to h

ave

a b

roke

r re

pre

sent yo

u, yo

u s

hould

en

ter

into

a w

ritten a

gre

em

ent w

ith the

bro

ker

that cl

early

esta

blis

hed

the

bro

ker’

s oblig

atio

ns

and y

our

oblig

atio

ns.

Th

e agre

emen

t sh

ould

sta

te h

ow

and b

y w

hom

the

bro

ker

will

be

paid

. Y

ou h

ave

the

right to

choose

the

type

of re

pre

-se

nta

tion, if

any,

you w

ish to r

ecei

ve. Y

our

paym

ent of a fee

to

a b

roke

r does

not nec

essa

rily

est

ablis

hed

that th

e bro

ker

repre

sents

you. If yo

u h

ave

any

ques

tions

regard

ing the

dutie

s and r

esponsi

bili

ties

of th

e bro

ker,

you s

hould

res

olv

e th

ose

ques

tions

befo

re p

roce

edin

g.


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