office/warhouse for sale hathaway building – new …...the woodlands, tx 77381 flex building –...

11
SALE PRICE: $650,000 BUILDING SIZE: 11,300 SF LOT SIZE: 1.34 Acres CROSS STREETS: FM 1485 & Caney Dr. YEAR BUILT: 2000 PROPERTY OVERVIEW Flex Industrial Office/Warehouse available in New Caney, TX. 11,300 SF total, includes 1,300 SF built out office, 1,300 SF Apartment/office space, and an 8,700 SF warehouse. Office space can be removed/increased/decreased easily. Fully Fenced Property with a 6,200 SF paved asphalt parking lot. Electric is currently 1-Phase electric, but 3-Phase is available across the street. City Sewer & Water. 2 Roll-up Grade Level Doors & 1 Dock High with Truck well. Perfect for light manufacturing/distribution, fitness center, Martial Arts Center, or even a medium sized call center. Because this property has a separate apartment, complete with kitchen & shower facilities, the property could also function as a live/work unit. Frontage on FM 1485 w/signage PROPERTY FEATURES Fully Fenced w/large parking lot Perfect for light manufacturing or distribution; fitness, martial arts, or call center City Sewer & Water Apartment/Add’l Office Flexible Adjustable Office Space/Warehouse We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. BERKSHIRE HATHAWAY HomeServices Anderson Properties COMMERCIAL DIVISION RICK STALLINGS TEAM 713.503.0808 / 281.203.9194 9303 New Trails, Suite 300 The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357

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Page 1: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

SALEPRICE: $650,000

BUILDINGSIZE: 11,300SF

LOTSIZE: 1.34Acres

CROSSSTREETS: FM1485&CaneyDr.

YEARBUILT: 2000

PROPERTYOVERVIEWFlex Industrial Office/Warehouse available in New Caney, TX.11,300 SF total, includes 1,300 SF built out office, 1,300 SFApartment/officespace,andan8,700SFwarehouse.Officespacecan be removed/increased/decreased easily. Fully FencedProperty with a 6,200 SF paved asphalt parking lot. Electric iscurrently 1-Phase electric, but 3-Phase is available across thestreet.CitySewer&Water.2Roll-upGradeLevelDoors&1DockHighwithTruckwell.Perfect for lightmanufacturing/distribution,fitness center, Martial Arts Center, or even a medium sized callcenter.Becausethispropertyhasaseparateapartment,completewithkitchen&showerfacilities,thepropertycould alsofunctionasalive/workunit.

FrontageonFM1485w/signage

PROPERTYFEATURES

FullyFencedw/largeparkinglot

Perfectforlightmanufacturingordistribution;fitness,martialarts,orcallcenter

CitySewer&Water

Apartment/Add’lOffice

FlexibleAdjustableOfficeSpace/Warehouse

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 2: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 3: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Front–1GradeLevelDoor

Back–1GradeLevelDoor&1DockHighw/TruckWell

Page 4: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 5: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 6: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

19325 Fm 1485 Rd

Demographic Report

PopulationDistance Male Female Total

1- Mile 457 450 907

3- Mile 6,549 6,294 12,844

5- Mile 17,689 17,571 35,260

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

PouyaTiraie

RickStallingsTeam

RickStallings,MBA

DawnRogers,OfficeManager

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 7: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 361 25 0.77 %

3-Mile 5,189 363 3.14 %

5-Mile 14,453 951 3.39 %

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

PopulationbyDistanceandAge(2018)3,5003,000

2,000

1,000

0

3-Mile 5-Mile1-Mile

500

1,500

2,500

Ethnicitywithin5miles

Black

Hispanic

Asian

White

White NativeAmerican Asian

Black PacificIslanders Hispanic

HomeOwnership1Mile

HomeOwnership3Mile

HomeOwnership5Mile

Renters

Owners

Renters

Owners

Renters

Owners

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 8: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Radius Median Household Income

1-Mile $46,693.50

3-Mile $54,702.44

5-Mile $58,868.35

Radius Average Household Income

1-Mile $60,617.50

3-Mile $59,697.22

5-Mile $64,208.20

Radius Aggregate Household Income

1-Mile $17,039,933.18

3-Mile $246,300,601.79

5-Mile $703,991,063.60

1-MilePop > 25 539High School Grad 204Some College 147Associates 26Bachelors 16Masters 0Prof. Degree 0Doctorate 0

3-mile7,6162,7731,791

250230311613

5-mile21,0707,3975,338

8451,187

1628554

Education

Agriculture Mining Construction Manufacturing Wholesale Retail Transportaion Information Professional Utility Hospitality Pub-Admin Other

1-Mile 3 0 57 23 15 97 29 1 32 15 41 13 27

3-Mile 33 63 869 234 193 1,250 505 13 397 551 376 270 299

5-Mile 50 181 2,286 1,006 486 2,399 1,546 61 1,139 2,326 1,182 530 993

Labor & Income

1-MileVacant Ready For Rent 5 %Teen's 15 %Expensive Homes 0 %Mobile Homes 78 %New Homes 54 %New Households 9 %Military Households 0 %Households with 4+ Cars 13 %Public Transportation Users 0 %Young Wealthy Households 0 %

3-mile24 %57 %

1 %319 %182 %47 %

0 %59 %

6 %4 %

5-mile32 %66 %

3 %321 %188 %58 %

1 %61 %

6 %9 %

This Tapestry information compares this selected market against the average. If a tapestry is over 100% it is above average for that statistic. If a tapestry is under 100% it is below average.

Tapestry

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

3-Mile 5-Mile1-Mile

>200K150K-200K125K-150K100K-125K75K-100K60K-75K50K-60K45K-50K40K-45K35K-40K30K-35K25K-30K20K-25K15K-20K10K-15K

<10K

500 1,000 1,500 2,0000

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 9: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

1-Mile %Total Expenditures 13,170,513Average annual household 45,295Food 5,932 13.10 %Food at home 3,935Cereals and bakery products 561Cereals and cereal products 201Bakery products 360Meats poultry fish and eggs 799Beef 186Pork 143Poultry 151Fish and seafood 128Eggs 65Dairy products 388Fruits and vegetables 795Fresh fruits 116Processed vegetables 156Sugar and other sweets 146Fats and oils 126Miscellaneous foods 734Nonalcoholic beverages 339Food away from home 1,997Alcoholic beverages 314Housing 16,605 36.66 %Shelter 10,003Owned dwellings 5,826Mortgage interest and charges 2,833Property taxes 1,984Maintenance repairs 1,008Rented dwellings 3,406Other lodging 770Utilities fuels 4,023Natural gas 371Electricity 1,629Fuel oil 157Telephone services 1,243Water and other public services 621Household operations 1,096 2.42 %Personal services 296Other household expenses 800Housekeeping supplies 553Laundry and cleaning supplies 151Other household products 322Postage and stationery 80Household furnishings 929Household textiles 66Furniture 191Floor coverings 22Major appliances 145Small appliances 91Miscellaneous 412Apparel and services 1,166 2.57 %Men and boys 220Men 16 and over 181Boys 2 to 15 39Women and girls 440

5-Mile %526,946,854

46,9046,138 13.09 %4,042

57420536880718714615212966

405820121158148129762347

2,095331

17,027 36.30 %10,2686,1063,0612,0391,0053,384

7774,063

3761,628

1551,267

6351,141 2.43 %

32281956615632881

98773

20324

14285

4581,228 2.62 %

23619540

448

3-Mile %187,056,850

45,1495,923 13.12 %3,942

56020036079218414414912565

392793116155146126743341

1,981313

16,559 36.68 %9,9815,8292,8891,955

9843,414

7374,000

3671,615

1521,243

6211,092 2.42 %

30079255215332079

93368

18922

13983

4291,175 2.60 %

22018238

433

Expenditures

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 10: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

Women 16 and over 366Girls 2 to 15 74Children under 2 87

1-Mile %Total Expenditures 13,170,513Average annual household 45,295Transportation 6,226 13.75 %Vehicle purchases 1,375Cars and trucks new 689Cars and trucks used 649Gasoline and motor oil 2,024Other vehicle expenses 2,419Vehicle finance charges 161Maintenance and repairs 813Vehicle insurance 1,166Vehicle rental leases 279Public transportation 407Health care 3,613 7.98 %Health insurance 2,410Medical services 731Drugs 353Medical supplies 118Entertainment 2,649 5.85 %Fees and admissions 472Television radios 993Pets toys 970Personal care products 571Reading 53Education 1,150Tobacco products 404Miscellaneous 750 1.66 %Cash contributions 1,313Personal insurance 4,547Life and other personal insurance 161Pensions and Social Security 4,386

3737586

3597387

3-Mile %187,056,850

45,1496,226 13.79 %1,397

715643

2,0352,390

162817

1,125285402

3,595 7.96 %2,382

737361115

2,678 5.93 %47399697657450

1,065407740 1.64 %

1,2694,569

1554,414

5-Mile %526,946,854

46,9046,495 13.85 %1,506

772694

2,0832,468

166852

1,145303437

3,697 7.88 %2,429

771376119

2,800 5.97 %513

1,0111,025

60152

1,126403751 1.60 %

1,2744,975

1644,810

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2020 2,519 1,858 35.46 % 427 1,969 1,821 698 194

3-Mile 2020 10,096 7,504 33.81 % 1,785 7,824 7,709 2,387 1,158

5-Mile 2020 22,615 16,731 33.56 % 3,871 17,704 17,430 5,185 2,050

1-Mile 2023 2,734 1,858 46.95 % 463 2,138 1,971 763 181

3-Mile 2023 10,903 7,504 44.54 % 1,930 8,447 8,296 2,607 1,132

5-Mile 2023 24,392 16,731 44.15 % 4,181 19,090 18,742 5,650 2,051

Expenditures (Continued)

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other prof. advisor.

Richard Stallings

[email protected]

Berkshire Hathaway HomeServices 9303 New Trails Drive #300 The Woodlands, TX 77381 | 281-296-0111

Richard Stallings

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracy and make no guarantee, warranty or representation about it. It is submitted subject to thepossibilityoferrors,omissions, changeofprice, rentalorotherconditions,prior sale, leaseor financing,orwithdrawalwithoutnotice.Weincludeprojections,opinions,assumptionsorestimatesforexampleonly,andtheymaynotrepresentcurrentorfutureperformanceoftheproperty.Youandyourtaxand legaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

FLEXBUILDING–NEWCANEY,TXOFFICE/WARHOUSEFORSALE

19325FM1485RD,NewCaney,TX77357

Page 11: OFFICE/WARHOUSE FOR SALE HATHAWAY BUILDING – NEW …...The Woodlands, TX 77381 FLEX BUILDING – NEW CANEY, TX OFFICE/WARHOUSE FOR SALE 19325 FM 1485 RD, New Caney, TX 77357 Front

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.

11-2-2015

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; andTreat 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 theowner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker's minimumduties 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, usuallythrough a written representation agreement. A buyer's agent must perform the broker's minimum duties above and must inform thebuyer of any material information about the property or transaction known by the agent, including information disclosed to the agentby the seller or seller'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 CLEARLYESTABLISH:

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 anobligation for you to use the broker's services. Please acknowledge receipt of this notice below and retain a copy for your records.

Berkshire Hathaway HomeServicesAnderson Properties

604417 [email protected] (713) 862-0000

Licensed Broker/Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Michael Huff 0501323 [email protected] (713) 862-0000

Designated Broker of Firm License No. Email Phone

Cathy Trevino 455096 [email protected] (713) 516-6331

Licensed Supervisor of Sales Agent/ Associate License No. Email Phone

Richard Stallings 0620573 [email protected] (713) 503-0808

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.govIABS 1-0

TAR 2501