Las Colinas Retail - Medical Plaza - Las Colinas, TX by STRIVE

LAS COLINAS RETAIL - MEDICAL PLAZA LAS COLINAS, TX

STATE HW Y 161

RO YA L

R CA A M

LVD B R

PRI CING & F INAN CI AL AN ALYSI S

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

Las Colinas Retail - Medical Plaza 825 W Royal Lane Las Colinas, TX 75039 45,018 VPD

OFFERING SUMMARY Price Cap Rate Net Operating Income Price PSF Occupancy Year Built

$10,650,000 6.50% $692,340 $363.00 95.6% 2012

Gross Leasable Area

29,339 SF

Lot Size

2.38 Acres

12,353 VPD

F I N A N C I A L A N A LY S I S

PRI CING & F INAN CI AL AN ALYSI S

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

EXPENSES PROJECTED INCOME & EXPENSES Base Rent - Occupied Space GROSS POTENTIAL RENT

CURRENT 95.6%

PSF

$732,063

$24.95

$732,063

$24.95

Expense Reimbursements Real Estate Tax Recoveries

CURRENT

PSF

$199,000

$6.78

$20,229

$0.69

Cleaning Supplies

$337

$0.01

Cleaning Hauling and Trash

$720

$0.02

Waste Management

$2,914

$0.10

Electrical

$3,439

$0.12

Plumbing

$2,748

$0.09

Real Estate Taxes Insurance CAM

$174,971

$5.96

$17,712

$0.60

CAM Recoveries

$66,027

$2.25

Roofing

$2,706

$0.09

Management Recoveries

$26,705

$0.91

Parking Lot

$2,231

$0.08

$285,414

$9.73

Elevator Contract

$4,247

$0.14

$1,017,480

$34.68

Elevator Repairs and Service

$2,528

$0.09

Landscaping

$10,303

$0.35

Maintenance Personnel

$7,962

$0.27

General Maintenance/Supplies

$1,627

$0.06

Pest Control

$774

$0.03

Insurance Recoveries

Total Expense Reimbursements EFFECTIVE GROSS REVENUE Operating Expenses Total Insurance

$20,229

$0.69

$199,000

$6.78

$75,411

$2.57

Security/Fire Service

$1,186

$0.04

$30,500

$1.04

Electricity

$1,134

$0.04

Total Recoverable Expenses

$325,139

$11.08

Electricity-CAM-Private Outdoor

$3,970

$0.14

Net Operating Income

$692,340

$23.60

Water

$10,007

$0.34

Sewer

$4,678

$0.16

Association Fees

$11,900

$0.41

Total CAM

$75,411

$2.57

Management Fee

$30,500

$1.04

Total Expenses

$325,139

$11.08

Total Real Estate Taxes Total CAM Management Fee

For Financing Options, Please Contact: Greg Holley | Managing Partner High St Capital (O) 469-998-7200 | (C) 714.514.2990 gholley@highstcapital.com

F I N A N C I A L A N A LY S I S

RE NT RO L L - A S OF JAN 2022 Tenant

Suite

SQ FT

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A % of SQFT

Lease Dates

Minimum Rent

Recoveries

Total

Start

End

Annual

Monthly

PSF

Annual

PSF

Revenue

% of Revenue

Mansion Liquor & Wine

115

1,491

5.08%

11/20

04/31

$41,972

$3,498

$28.15

$16,524

$11.08

$58,495

5.75%

Tikka Taco / Bombay Sizzler

120

2,490

8.49%

04/19

08/24

$69,720

$5,810

$28.00

$27,595

$11.08

$97,315

9.56%

Bombay Chowpatty

130

3,314

11.30%

01/14

01/24

$95,874

$7,990

$28.93

$36,726

$11.08

$132,600

13.03%

Dimassi's Mediterranean Buffet

150

4,730

16.12%

07/14

06/29

$141,900

$11,825

$30.00

$52,419

$11.08

$194,319

19.10%

iSmile Family Dental

210

2,000

6.82%

07/12

07/25

$44,000

$3,667

$22.00

$22,164

$11.08

$66,164

6.50%

Internventional Pain Solutions

230

2,500

8.52%

12/12

09/21

$54,075

$4,506

$21.63

$27,705

$11.08

$81,780

8.04%

Core Physical Medicine, P.A.

240

3,000

10.23%

12/12

11/24

$71,102

$5,925

$23.70

$33,247

$11.08

$104,348

10.26%

Enso Healing

250

2,372

8.08%

11/19

10/25

$54,292

$4,524

$22.89

$735

$0.31

$55,028

5.41%

Outta the Oven

110

2,809

9.57%

01/21

02/26

$79,382

$6,615

$28.26

$31,130

$11.08

$110,512

10.86%

Pending Tenant

140

1,854

6.32%

10/21

09/26

$44,496

$3,708

$24.00

$20,546

$11.08

$65,042

6.39%

Available

215

1,279

4.36%

$0.00

0.00%

Thriveworks

220

1,500

5.11%

08/21

09/28

$35,250

$2,938

$23.50

$16,623

$11.08

$51,873

5.10%

Total Count/GLA

29,339

100%

Totals

$732,063

$61,005

Occupied

28,060

95.6%

Available

1,279

4.4%

Total Avg Rent

$26.09 28,060

$285,414

$1,017,477 100.00%

100.0%

*Estimated start date

F I N A N C I A L A N A LY S I S

E S TI MATED REIMBUR SEMEN T R EVEN U E

Tenant

Mansion Liquor & Wine

SQ FT

% of SQFT

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

Real Estate Taxes

Insurance

CAM

Management Fee

Total Recovery

Monthly

PSF

Monthly

PSF

Monthly

PSF

Monthly

PSF

Monthly

PSF

1,491

5.08%

$843

$6.78

$86

$0.69

$319

$2.57

$129

$1.04

$1,377

$11.08

Tikka Taco / Bombay Sizzler

2,490

8.49%

$1,407

$6.78

$143

$0.69

$533

$2.57

$216

$1.04

$2,300

$11.08

Bombay Chowpatty

3,314

11.30%

$1,873

$6.78

$190

$0.69

$710

$2.57

$287

$1.04

$3,061

$11.08

Dimassi's Mediterranean

4,730

16.12%

$2,674

$6.78

$272

$0.69

$1,013

$2.57

$410

$1.04

$4,368

$11.08

iSmile Family Dental

2,000

6.82%

$1,130

$6.78

$115

$0.69

$428

$2.57

$173

$1.04

$1,847

$11.08

Internventional Pain Solutions

2,500

8.52%

$1,413

$6.78

$144

$0.69

$535

$2.57

$217

$1.04

$2,309

$11.08

Core Physical Medicine, P.A.

3,000

10.23%

$1,696

$6.78

$172

$0.69

$643

$2.57

$260

$1.04

$2,771

$11.08

Enso Healing

2,372

8.08%

$61

$0.31

$0.00

$61

$0.31

Outta the Oven

2,809

9.57%

$1,588

$6.78

$161

$0.69

$602

$2.57

$243

$1.04

$2,594

$11.08

Pending Tenant

1,854

6.32%

$1,048

$6.78

$107

$0.69

$397

$2.57

$161

$1.04

$1,712

$11.08

Available

1,279

4.36%

$0.00

Thriveworks

1,500

5.11%

$848

$6.78

$86

$0.69

$321

$2.57

$130

$1.04

$1,385

$11.08

Totals

29,339

100%

$14,581

$1,476

$5,502

$2,225

$23,785

*Enso Healing pays all expenses above a 2018 Base Year

PROPERTY DESCRIPTION

L E A SE PROVIS ION S

Tenant

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

Suite

SQ FT

Base Rental Increases

Renewal Options

User Restrictions & Exclusive Rights

Sales Reporting

Date

PSF

Options

Date

PSF

28.65 29.15 29.65 30.15 30.65 31.15 31.65 32.15 32.65

1 x 10

11/1/2031

Mkt

Mansion Liquor & Wine

115

1,491

11/1/2022 11/1/2023 11/1/2024 11/1/2025 11/1/2026 11/1/2027 11/1/2028 11/1/2029 11/1/2030

Tikka Taco / Bombay Sizzler

120

2,490

9/1/2022 9/1/2023

28.50 29.00

Exclusive tenant whose principle business shall be a restauarant serving Indian Food

Bombay Chowpatty

130

3,314

2/1/2022 2/1/2023

29.90 30.27

Dimassi's Mediterranean Buffet

150

4,730

7/1/2024

32.50

iSmile Family Dental

210

2,000

1x5

8/1/2025

Annual 3% increases

Internventional Pain Solutions

230

2,500

Core Physical Medicine, P.A.

240

3,000

12/1/2022 12/1/2023

24.41 25.14

Enso Healing

250

2,372

11/1/2022 11/1/2023 11/1/2024

23.35 23.82 24.30

Outta the Oven

110

2,809

2x5

3/1/2026 3/1/2031

31.09 34.20

Exclusive bakery or breakfast restaurant serving assorted baked goods or primarily a breakfast menu

Pending Tenant

140

1,854

Available

215

1,279

1,500

8/1/2022 8/1/2023 8/1/2024 8/1/2025 8/1/2026 8/1/2027

23.97 24.45 24.94 25.44 25.95 26.46

2x3

6/1/2028 6/1/2031

Annual 2% increases Annual 2% increases

Thriveworks

220

F I N A N C I A L A N A LY S I S

TE NA NT HIGHLI GHT S

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

DBA

Dimassi’s Mediterranean Buffet

Entity on Lease

GREEN GARLIC, INC

Locations

17 Locations

Public/Private

Private

Line of Business

Since 1992, Dimassi’s goal has always been to provide authentic, delicious, and healthy Halal and Mediterranean food. Using only the freshest ingredients, we have introduced Texas to the finest Mediterranean food around. We take great pride in telling you that Dimassi’s Mediterranean Buffet has been family owned and operated since we first opened the doors

DBA

Tikka Tacos

Entity on Lease

OM SAI BABA LLC

Public/Private

Private

Line of Business

Tikka Taco as the name suggests is a fusion restaurant - combining the flavors of Indian cuisine & the spiciness of Mexican cuisine. We call this a perfect foodie storm that will satisfy even the pickiest palate. Our menu features dishes made with the freshest ingredients right in front of you

DBA

Outta the Oven Homeade Cafe & Bakery

Entity on Lease

OUTTA THE OVEN LLC

Public/Private

Private

Line of Business

Outta the Oven Homemade Cafe & Bakery specializes in cookies, cupcakes, petit-fours, to-go lunches and cake. Winners of Best Bakery in Irving in 2017 and 2018, Outta the Oven offers custom orders at affordable prices.

PROPERTY DESCRIPTION

TE NA NT HIGHLI GHT S

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

DBA

Core Physical Medicine

Entity on Lease

Core Physical Medicine, P.A.

Locations

4 Locations

Public/Private

Private

Line of Business

Core Physical Medicine has proudly served as Chiropractors in Coppell, Valley Ranch, Irving, Keller and neighboring areas since November 1996. Our services include chiropractic care, individualized injury rehabilitation, pain management, non-surgical spinal decompression, advanced cold laser therapy, sports therapy, and deep tissue massage.

DBA

Thriveworks

Entity on Lease

Thriveworks Administrative Servies, LLC

Locations

240+ Locations

Public/Private

Private

Line of Business

Thriveworks connects individuals with exceptional providers who help their clients manage challenges like depression, anxiety, relationship issues, major life transitions, and others

PROPERTY DESCRIPTION

I N VE S TMENT HI GHLI GHT S

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

• B elow Market Rents – Like Kind Product is Leasing for Over $30/SF- Average Rent at the Property is Only $26.09 psf • 95.6% Occupied Retail & Medical Center in Affluent Las Colinas Submarket. • 5,007 Businesses in a 3-Mile Radius with 68,816 Employees. Total Spending in a 3-Mile Radius is Over $1.2B and Jumps to Over $2.5B in a 5-Mile Radius • A verage Household Income within a 1 Mile Radius is $110,000 – Over 1.5x the National Average • Surrounded by Corporate Offices, Upscale Hotels and Luxurious Homes • Staggered Lease Turnover & Scheduled Rental Increases • D ensely Populated Area with over 210,000 People in a 5-Mile Radius • Visible to Over 45,000 Vehicles Per Day and 2,000 Feet from both John Carpenter Fwy with 145,040 VPD, and George Bush Turnpike with 111,000 VPD • Surrounding National Retailers Include Whole Foods, Shake Shack, RaceTrac, 7-Eleven, Five Guys, Starbucks, Jersey Mike’s, La Madeline & Many More

PROPERTY DESCRIPTION

S I T E PL A N

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

150

140

130

120

115

Patio

First Floor

110

Suite

Tenant

SQ FT

150

Dimassi’s Mediterranean Buffet

4,730

140

Pending Tenant

1,854

130

Bombay Chowpatty

3,314

120

Tikka Taco/Bombay Sizzler

2,490

115

Mansion Liquor & Wine

1,491

110

Outta the Oven

2,809

PROPERTY DESCRIPTION

S I T E PL A N

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

Second Floor 220

240

215

230 Hallway

250

210

Suite

Tenant

SQ FT

250

Enso Healing

2,372

240

Core Physical Medicine, P.A.

3,000

230

Interventional Pain Solutions

2,500

220

Thriveworks

1,500

215

Available

1,279

210

iSmile Family Dental

2,000

PROPERTY DESCRIPTION

A E R I AL MA P

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

N MACARTHUR BLVD

45,018 VPD W ROYAL LN

12,353 VPD

PROPERTY DESCRIPTION

LO C AL MA P

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

PROPERTY DESCRIPTION

REG IONA L MA P

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

PROPERTY DESCRIPTION

M A R KET S U MMARY

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

Dallas - Fort Worth, TX

OVERVIEW Dallas encompasses half of the Dallas-Fort Worth Metroplex and is the third-largest city in Texas and the ninth-largest city in the United States. Dallas is home to the third-largest concentration of Fortune 500 companies in the country and is the largest economic center of the Dallas-Fort Worth metropolitan area. The Metroplex has strong submarket occupancy rates, is home to more shopping centers per capita and has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area, which had a population of 7,573,136 according to the U.S. Census Bureau’s 2019 population estimates. From 2010 to 2019, the DFW Metroplex had the largest numerical population growth of any MSA in the United States. The metropolitan economy is the fourth-largest and third-fastest growing in the United States, with a 2017 real GDP of $535.5 billion. In 2018, Dallas had both the highest job growth rate and the most jobs added in the nation, and is the fourth-largest employment center in the nation (behind New York

City, Los Angeles, and Chicago) with more than three million non-farm jobs. In the latest rankings released in 2018, Dallas was rated as a “beta plus” world city by the Globalization and World Cities Study Group & Network. Dallas is also ranked 14th in world rankings of GDP by the Organization for Economic Cooperation and Development. The DFW Metroplex has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. As of 2020, the city of Dallas has 10 Fortune 500 companies, and the DFW region as a whole has 25. Dallas is the best-ranked city on the Regulatory Climate Index thanks to its efficient local regulations. Entrepreneurs and small businesses can expect a welcoming business environment across all five areas of local regulation. Dallas scores above average across each meaningful measure of an interaction that a business has with a local government agency through procedure, time, and cost. These rankings reflect the city’s continuing efforts to develop programs and initiatives to strengthen the business environment, provide access to capital, and encourage economic growth at the local level.

Q U I C K S TAT S

No.

Fastest Growing MSA in the U.S. from 2010 to 2019 (U.S. Census Bureau)

4 5th 25

Largest Metropolitan Area in the United States Fastest Growing Economy in the U.S. (Forbes) Fortune 500 Companies Call DFW Home (American City Business Journals)

10K

Home to over 10,000 corporate headquarters, making it the largest concentration in the U.S.

PROPERTY DESCRIPTION

D E M OG RA PHIC STAT I ST I CS

LAS CO LINAS R E TAIL - M E D IC AL P LAZ A

1 Mile

3 Mile

5 Mile

Population

1 Mile

3 Mile

5 Mile

Households:

2010 Population

6,123

64,682

177,223

2010 Households

3,013

30,763

70,535

2020 Population

8,109

87,158

210,902

2020 Households

3,928

40,924

83,811

2025 Population Projection

8,495

91,492

217,776

2025 Household Projection

4,108

42,897

86,534

Annual Growth 2010-2020

2.90%

3.20%

1.70%

Annual Growth 2010-2020

2.30%

2.90%

1.70%

Annual Growth 2020-2025

1.00%

0.70%

Annual Growth 2020-2025

0.90%

1.00%

0.70%

Median Age

33.7

34.7

Owner Occupied

637

9,716

28,980

Bachelor's Degree or Higher

68%

60%

42%

Renter Occupied

3,471

33,180

57,554

Avg Household Size

2.4

Avg Household Vehicles

$120M

$1.3B

$2.6B

Avg Household Income

$111,430

$111,047

$98,495

Median Household Income

$90,311

$87,714

$72,998

U.S. Armed Forces

Population By Race

Total Consumer Spending

White

3,353

39,807

129,517

Black

1,199

14,613

29,902

516

1,984

3306

29,679

43,887

154

395

< $25,000

261

3,351

9,146

Two or More Races

203

2,388

5,217

$25,000 - 50,000

565

6,086

17,086

Hispanic Origin

1,453

16,350

75,375

$50,000 - 75,000

682

7,795

17,069

$75,000 - 100,000

747

6,350

11,258

American Indian/Alaskan Native Asian Hawaiian & Pacific Islander

Housing Median Home Value Median Year Built

Income

$450,753

$347,754

$275,874

$100,000 - 125,000

659

5,772

9,680

1995

1998

1989

$125,000 - 150,000

214

3,015

5,082

$150,000 - 200,000

368

3,734

6,413

$200,000+

435

4,820

8,077

PROPERTY DESCRIPTION

CONFIDENTIALITY AGREEMENT The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE. This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. STRIVE has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.

Commercial Disclaimer STRIVE hereby advises all prospective purchasers of commercial property as follows: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs. Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property. By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.

Information About Brokerage Services

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 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. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • 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; and • Treat all parties to a real estate transaction honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: 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 duties above and must inform the owner of any material information about the property or transaction known by the agent, including information 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 a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller’s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined 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 and • buyer) 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: ӽ that the owner will accept a price less than the written asking price; ӽ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and ӽ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, 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 the buyer. 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 for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Regulated by the Texas Real Estate Commission

Information available at www.trec.texas.gov IABS 1-0

exclusively listed 469.844.8880

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