512 682 1000 Joyce Jane Weedman joyce@cipaustjn.com 9130 - - PDF document

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512 682 1000 Joyce Jane Weedman joyce@cipaustjn.com 9130 - - PDF document

N RD 2 S B E D R R MC NEIL DR O H Y R 0 M D E L C A N LL A WERCHAN LA L F H 6 P O W A R 4 O JONESTOWN A W EL 1 L JESSE D C VOLENTE R M A R H R L 3 S S T M BULLI E R D S 0 E LA W S


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512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

LAGO VISTA BRIARCLIFF POINT VENTURE HILLS OF LAKEWAY ROLLINGWOOD SUNSET VALLEY VOLENTE WEBBERVILLE JONESTOWN MANOR ELGIN LAKEWAY AUSTIN BEE CAVE VILLAGE OF BEAR T r a v i s C

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L O H M A N F O R D R D B BE E CR E EK R D H O W A R D L A E MONKEY RD LITTI G R D M E S A D R F M 969 U P P E R E L G I N R I V E R F M 620 F A R W EST BLVD R E D RI V ER ST W I L L I A M C A N K R AMER L A M A N O R R D H ERGO T Z LA H U R S T C REEK RD HANCOCK DR C O U N T Y L I N E R D CESAR CHAVE Z S T E 12TH ST E L A M A R B L V D N M U R F I N R D GUA D A LUPE ST B A R T O N C R EE K B LV D C O M A N C H E TRL AIRP O RT B L V D L O S T CR E E K B L V D H A R R IS B R A N CH PK W Y L A K E W A Y B L V D R I V E R H I L LS RD R E S E A R C H B L V D S P R I N GD A L E RD 5 1 ST ST E SH 45 CI R C L E D R B U R N E T R D B R A K E R L A W OLT O RF ST SPRI N K L E R D LAMAR B LVD S H U D S O N BEN D R D C U ER N AVA C A D R N F M 22 44 RD P E C O S S T B O G G Y FORD RD S H O A L C R E E K B L V D B EE C A VES R D B L U E B L U F F R D J O LLYVIL LE R D DU V AL R D 4 5 T H S T W W O O D R O W A V C O N GRE S S A V E D E S S A U R D ENFI E LD RD O L D H W Y 2 M A N C H A C A RD FM 1704 SPI C E W OOD SP R INGS RD S C ENI C D R R I V E RSIDE DR R U TL A N D DR RUND B ERG LA 5T H S T W JAC O B S ON R D I T ZHU G H RD C A P I T A L OF TEXAS HW Y N R E D BU D TR L H W Y 290 P A R M E R LA W EST L A K E D R G I L B E R T R D C A L D W E L L L A B A LC O N E S D R S O U T HWEST P K W Y F M 2 HO G EY E R D C A M E R O N R D 9 73 O L D B E E C A V ES R D F M 22 2 2 R D BEN WHI T E B L V D E E R L A J O H N N Y M O R R I S R D F M 3 J O N E S R D DITTMAR R D W C I T Y P A R K R D RI V E R PL A C E B L V D S L A U G N D R D A V I S L A DECKER LA US H W Y 1 83 S T E L M O R D FM 973 H O W A R D LA W Q UI NL AN PA R K R D F M 9 6 9 R D F M 1 1 R D BA L L E R S T E D T RD A N D E R S L O C K W O OD RD S T E I N ER R A N C H BL V D MC NEIL DR OL D S A Y E R S RD IL T ON P O O L R D T R A U TW E IN V F W E HW Y 71 CAP I T A L OF T E X A S H W Y S ST A TE HWY 71 DALTON LA BURL WI L L IAM C A N N ON DR W BULLI C K H O LLO W R D DUN L AP R D S S T E G E R L A BALCH F L IN T R O C K R D JESSE B OHL S R D CR 4 6 1 MANDA R D B L O O R R D OLD MANOR RD R O E RTH U S H W Y 2 9 C R U M L E Y R A NCH R D M A N D A C A R L S O N R D C R 4 6 N NEY F A LL S PK W Y WERCHAN LA ARBUCKLE R D O L L N UTT H I B B S L A TAYLOR L A P A R S O N S R D G E I S E L A W E I S S L A LUN D CARLSON RD B O I S D A R C R D ALB E R T VOELKER RD KL A US LA R E D T O W N E W T R A I L S BEAVER W EL L S B R A N CH P KWY C O R C H A R D B L AKE-MANO R R D LIN DELL LA GREGG LA HWY 9 Y B E E CA V E P K W Y R D ST A SSN E Y L N 7 T H S T TH U RMA N B E ND R D O LL GREG M A N OR R D ED B L UESTEIN BLVD H 1 3 T O L L

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A C E XPY Austin Bersgstrom International Airport

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SUBJECT SUBJECT

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2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

LAND FOR SALE OR GROUND LEASE

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Whispe r Va lle y Ea stwo o d Wild ho rse Ra nc h Wo lf Bria rc re e k L a g o s T ita n Allie d Applie d Ma te ria ls Esta te a t Be ll Fa rm s Ha rris Bra nc h Sup e rc o nduc to r T e c h Equino x Ce ntre Be ll Fa rm s Be lling ha m Me a do ws Butle r End e a vo r Wa l- Ma rt Pio ne e r Cro ssing MUD Bra ke r Va lle y Sha do w G le n Pre side ntia Me a do ws Wa lnut Cre e k Enc la ve Sa m sung Sa m sung Anne x HAR R IS B R A N C H PK W Y FM 973 SPRIN G D A L E R D S P R I N K L E RD B L U E B L U FF R D US HWY 290 JOHNNY MORRIS RD DECKER LA

PA R S O NS ST

F M L O Y O L A L A O LD HWY 20 BLUE GOOSE RD G I L E S L A CAMERON R D BLOOR RD O L D M A N O R R D FM 973 YAGER L A E US HWY 290 Manor E x p r e ssway FUCHS G PARMER LA BLAKE-MANOR RD LINDELL LA P A R M E R L A TAYLOR LA LA G R E G MA N O R R D SH 130 TOLL OLD HWY 2 M a n

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E x p r e s s w a y

Super Walmart

Walnut Creek Greenbelt Walnut Creek Greenbelt Walnut Creek Greenbelt Walnut Creek Greenbelt Walter E. Long Metro Park Walter

  • E. Long

Metro Park Walter

  • E. Long

Metro Park Decker Tallgrass Prairie Preserve Colony District Park Walnut Creek Sports Park Indiangrass Wildlife Sanctuary

BLUEBONNET HILL GOLF COURSE SHADOWGLEN GOLF CLUB

SUBJECT SUBJECT Æ þ

290

Æ þ

290

Joyce Jane Weedman

joyce@cipaustjn.com

Josh Hubka, CCIM

josh@cipaustjn.com

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SLIDE 2

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

SUMMARY

All informatjon furnished regarding this property is from sources deemed reliable; however, CIP Austjn has not made an independent investjgatjon of these sources and no warranty or representatjon is made by CIP Austjn as to the accuracy thereof and same is submitued subject to errors, omissions, change of price, rental or other conditjons, prior sale, lease or withdrawal from market without notjce. CIP Austjn further has not made and shall not make any warranty or representatjons as to the conditjon of the property nor the presence of any hazardous substances

  • r any environmental or other conditjons that may afgect the value or suitability of the property.

Locatjon: Property is located at the southwest corner of US Highway 290 East and Decker Lane, just west of SH-130. Size: Total property is 2.058± acres. Existjng Zoning: CH-CO, within City of Austjn. Zoning allows for retail, offjce, or multj-family development. Existjng Utjlitjes: City of Austjn water, electric, and telephone at the site. Wastewater currently 2000 feet to the south. Two other property owners have agreed to cost partjcipate in the extension of this line. Frontage: Approximately 533 feet of frontage on the east-bound frontage road of US Highway 290 East, and approximately 505 feet of frontage on Decker Lane. Surrounding Land Use: Applied Materials employs 2,700± workers at its plant across U.S. Hwy 290 from the 2.058± acres. This facility produces semiconductor manufacturing equipment, such as that used by Samsung, which is three miles northwest of the subject site, on Parmer Lane. The Samsung campus totals 2.3 million

  • sq. fu. of manufacturing space, and stjll has an additjonal 100± acres for more expansion. Samsung

employs 2,600± workers, plus additjonal contract employees on site. Superconductor Technologies Inc. has moved its corporate headquarters to a 94,000 sq. fu. industrial building next to Applied Materials. This company manufactures high temperature superconductjng wire. Walmart Supercenter has a 150,000± sq. fu. store approximately three miles east of SH-130, on the south side of U.S. Hwy. 290 at FM 973. Capital Beverages occupies 442,000± sq. fu. facility on the SEC of Hwy 290 @ SH-130 and employs 700± workers. The 2.058± acre subject site sits between Wildhorse PUD, an 1,800+ acre residentjal development, and Harris Branch PUD, a 2,000+ acres mixed use development with approximately 2,000 single family homes already occupied. Roadways: Manor Expressway recently opened on the northern boundary of this site. This 6.2 mile limited access expressway extends from U.S. Hwy. 183 to the west, to past Parmer Lane to the east, with a total of six lanes tolled. The former U.S. Hwy. 290 has been widened and improved and will remain non-tolled. SH-130 is a 91 mile toll way from IH-35 north of Georgetown, south to Seguin, crossing IH-10 to provide a fast access to both Houston and to San Antonio. The subject property is just west of SH-130.

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SLIDE 3

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

SUMMARY

Joyce Jane Weedman

Senior Vice President jweedman@cipaustjn.com | 512 682 1021

Josh Hubka, CCIM

Principal jhubka@cipaustjn.com | 512 682 1002 main 512 682 1000 | fax 512 682 1031

cipaustjn.com

All informatjon furnished regarding this property is from sources deemed reliable; however, CIP Austjn has not made an independent investjgatjon of these sources and no warranty or representatjon is made by CIP Austjn as to the accuracy thereof and same is submitued subject to errors, omissions, change of price, rental or other conditjons, prior sale, lease or withdrawal from market without notjce. CIP Austjn further has not made and shall not make any warranty or representatjons as to the conditjon of the property nor the presence of any hazardous substances

  • r any environmental or other conditjons that may afgect the value or suitability of the property.

527.417019 07.12.19

For More Informatjon Contact:

Traffjc Count: The estjmated 2016 traffjc count was approximately 30,513 cars per day on the tolled portjon of U.S. Highway 290 East to the West of the property, and 28,281 cars per day on the frontage road. Estjmated Populatjon: The 2017, fjve mile populatjon was estjmated to be nearly 72,000 people, and nearly 552,000 within ten miles. Price/Terms: Call to discuss.

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SLIDE 4

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

All informatjon (Informatjon) provided or depicted on this map and or aerial photograph has been

  • btained from third party sources deemed reliable. However, neither CIP Austjn nor any of its brokers,

agents, employees, offjcers, directors or affjliated companies (collectjvely, CIP Austjn and Related Partjes) have made an independent investjgatjon of the Informatjon or the Informatjon sources, and no warranty

  • r representatjon is made by CIP Austjn and Related Partjes as to the accuracy of such Informatjon. The

Informatjon is submitued subject to the possible errors or omissions, and no person or organizatjon should rely on the Informatjon, unless such person or organizatjon has conducted an independent investjgatjon to confjrm the accuracy thereof.

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

METRO MAP

TAYLOR LIBERTY HILL WEIR HUTTO GEORGETOWN CEDAR PARK LAGO VISTA ARCLIFF POINT VENTURE HILLS OF LAKEWAY ROLLINGWOOD SUNSET VALLEY SAN LEANNA CREEDMOOR MUSTANG RIDGE VOLENTE WEBBERVILLE JONESTOWN MANOR LEANDER ELGIN LAKEWAY AUSTIN BEE CAVE ING GS VILLAGE OF BEAR CREEK CITY OF HAYS BUDA EK VILLAGE OF WIMBERLEY MOUNTAIN CITY KYLE NIEDERWALD BASTROP B u r n e t C o u n t y W i l l i a m s o n C o u n t y T r a v i s C

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L O H M A N F O R D R D BRATTON L A BE E CR E E K R D H O W ARD L A E IH-35 I H

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F A R W EST BLVD

R E D RI V E R S T W I L L I A M C A N N ON DR E K R AMER L A FM 9 M A NOR R D F M 1 6 2 5 R D H E R G O T Z LA

HUR S T C REEK RD H A N C O C K DR

COUNTY LINE RD U S H W Y 183 F M 1 6 6 B A G D A D R D CESAR CHAVE Z ST E

MAY S ST S

L E A N D ER 12TH ST E LAMAR BLVD N C R 1 2 9 M U R F I N R D G U A D A L U P E S T

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COM A N CH E TRL AIRP O RT B L V D C R 1 5 L O S T C R E E K B L V D

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DITTMAR R D W

F M 1 1 2 CR 110 C I T Y P A R K R D R I V E R PL A CE BLV D CR 1 6 CR 282 FM 3349 S L A U GHTE R L A C R 2 7 1 D A W N D R D A V I S L A C R 1 80 DECKER LA US HWY 1 8 3

ST ELMO RD

FM 9 7 3 F M 1 4 6 6 D A C Y L N OL D SAN AN T O N I O HOW A R D LA W Q U I N L AN P A RK R D C R 458 F M 969 E L R O Y R D V O N Q U I N TUS RD CR 11 8 CR 281 F A W N DR

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B U N T O N L COTTON GIN RD DALTON LA

B U R L E S O N R D C R 4 53 WI L L IAM CAN N O N D R W HODDE LA FM 20 BULLI C K H O LLO W R D FM 1 4 60 MELBE R L A B O CK RD

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DA R D E N H I L L CR 3 6 8 F M 9 6 7 S T E G E R L A F M 1 4 6 CR 1 38 FA G E R Q U IST RD

CR 116

CR 179 BALCH F L I N T R O C K R D

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BLOOR R D LI N D E M A N L A O L D M A N O R R D ROEMER C R 1 2 1 P O P E B END NORTH CR 1 8 1 U S H W Y 2 9

H I L L S I D E T E R C R U M L E Y R A N C H RD

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P A R SONS RD

FM 812 C R 1 9 F M 1331 US HWY 1 8 3 GEISE LA W E I S S L A CYPR E S S L U N D CARLSON RD HIGH RD KELLY LA C R 3 6 9 CR 1 1 1 B O I S D A RC RD CR 395 C R 4 4 5 B RU S HY C R EE K RD

ALB E R T VOELKER RD

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BEAVER US HWY 79

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GREGG LA R EBEL DR C R 3 9 8 F M 2243 RD C R 1 7 5 MAI N ST

HWY 95 SOUTH LAK E W A Y D R

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AN M O U N T A I N RD SH 45 SW T O L L U N D E R C O N S TR.

D B WOOD RD TH U R M A N B E ND R D W O L F L A MO-PAC T O LL GREG M A N OR R D FM 1185 FM 1626 A VERY R A NCH B L V D P A R M E R LN F M 162 6 R D W LLIAM S DR F M 685 R D I N N ER L O OP ED B L U E S T E I N B L V D U N I V ERSITY B L V D F M 1 5 R D S H 45 S E T O L L SH 4 5 TOLL FM 32 3 7 S H 1 30 T O L L S H 130 TOLL U S H W Y 183A TOLL U N I V ERSITY S H 2 9 M O-P A C E XPY STATE HWY 21 H W Y 95 SOUT H S U N R I SE RD

County Line Golf Course Parks & Preserves City Limits

Austin Bersgstrom International Airport

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SLIDE 5

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

All informatjon (Informatjon) provided or depicted on this map and or aerial photograph has been

  • btained from third party sources deemed reliable. However, neither CIP Austjn nor any of its brokers,

agents, employees, offjcers, directors or affjliated companies (collectjvely, CIP Austjn and Related Partjes) have made an independent investjgatjon of the Informatjon or the Informatjon sources, and no warranty

  • r representatjon is made by CIP Austjn and Related Partjes as to the accuracy of such Informatjon. The

Informatjon is submitued subject to the possible errors or omissions, and no person or organizatjon should rely on the Informatjon, unless such person or organizatjon has conducted an independent investjgatjon to confjrm the accuracy thereof.

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

REGION MAP

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T he WInding Whispe r Va lle y Ea stwo o d Wildho rse Ra nc h Wo lf Bria rc re e k L a g o s T ita n Allie d Applie d Ma te ria ls Esta te a t Be ll Fa rm s Ha rris Bra nc h Supe rc o nduc to r T e c h Equino x Ce ntre Be ll Fa rm Be lling ha m Me a do ws Butle r Ende a vo r Wa l- Ma rt Pio ne e r Cro ssing MUD Bra ke r Va lle y Sha do w G le n Pre side nti Me a do w Wa lnut Cre e k Enc la ve Sa m sung Sa m sung Anne x Ca nta rra Ca nta rra II Fo ssil C re e k Austin Exe c utive Airpo rt Co ntine nta l Pro pe rtie s MF Pa rm e r Busine ss Pa rk Spring s a t T e c h Ridg e Apa rtm e nts Entra da Ca rm e l HAR R IS BR ANC H PK W Y FM 973 S P R I N G D A LE RD S P R INK L E RD B LUE BL U F F R D US HWY 290 JOHNNY MORRIS RD DECKER LA

P A R S O N S S T

FM 973 LOYOLA LA O LD HWY 20 DESSAU R D BLUE GOOSE RD GILES L A C A M E R O N RD BLOOR RD OLD MANOR RD FM 973 CAMERON RD Y A G E R L A E US HWY 290 Manor E x p r e s s w a y CAMERON RD FUCHS G R OVE RD PARMER LA BLAKE-MANOR RD LINDELL LA PAR M E R L A T A Y L O R LA GREGG LA G R E G MA N O R R D SH 130 TOLL HOWARD LA E OLD HWY 20 Manor Expressway

Super Walmart

Walnut Creek Greenbelt Walnut Creek Greenbelt Walnut Creek Greenbelt Walnut Creek Greenbelt Walter E. Long Metro Park Walter

  • E. Long

Metro Park Walter

  • E. Long

Metro Park Decker Tallgrass Prairie Preserve Colony District Park Walnut Creek Sports Park Indiangrass Wildlife Sanctuary

BLUEBONNET HILL GOLF COURSE SHADOWGLEN GOLF CLUB

Subject - 2.058 Acres Available

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Major Retail Sites

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Elementary School

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Elementary/Secondary School Parks Golf Course Major Developments

SUBJECT SUBJECT Æ þ

290

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SLIDE 6

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

All informatjon (Informatjon) provided or depicted on this map and or aerial photograph has been

  • btained from third party sources deemed reliable. However, neither CIP Austjn nor any of its brokers,

agents, employees, offjcers, directors or affjliated companies (collectjvely, CIP Austjn and Related Partjes) have made an independent investjgatjon of the Informatjon or the Informatjon sources, and no warranty

  • r representatjon is made by CIP Austjn and Related Partjes as to the accuracy of such Informatjon. The

Informatjon is submitued subject to the possible errors or omissions, and no person or organizatjon should rely on the Informatjon, unless such person or organizatjon has conducted an independent investjgatjon to confjrm the accuracy thereof.

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

AERIAL MAP

T ita n Wildho rse Ra nc h Allie d Applie d Ma te ria ls 383,000 SF Distributio n Fa c ility O pe ne d 1Q 2017 Ha rris Bra nc h Supe rc o nduc to r T e c h Equino x Ce ntre Ende a vo r Butle r Be lling ha m Me a do ws

BO YC E L N L I N DEL L L N BE L LI N G H A M D R E U S 2 9 H W Y S V R D EB

MINNOC H L N

E U S 290 HWY SVRD WB L O NG FO RD T RL A D A I R D R G AEL I C D R BARNS T RL KIRKL A N D H I L L P A T H S T MERRYN R D A MA R A N T H LN A RR A N ST F A R M H A V E N R D

C A R IS B RO O K E L N

L A N S D O W N E R D G I L E S L N DUN F R I E S L N A R M A G H D R R YD A LW A T E R L N A V E R ING L N N S H 1 3 S V R D N B REINDEE R D R N SH 1 30 S V RD SB C R O M A R T Y L N

B R A MBE R L N

E US 290 HWY EB E US 290 HWY WB B L U E G O O S E R D AUS T EX AC RES L N E PA RMER LN N SH 1 3 0 NB BL UE BL UFF RD N SH 130 SB HIL L L N

C RO F F O RD L N E US 290 EB RAMP

D E C K E R L N E US 290 WB RAMP T H IS T L E HIL L W A Y

Walter E. Long Metro Park Indiangrass Wildlife Sanctuary Harris Branch Neighborhood Park

BLUEBONNET HILL GOLF COURSE

Æ þ

290

Subject - 2.058 Acres Available Lot Lines Major Developments

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SLIDE 7

512 682 1000

9130 Jollyville Rd., Suite 300 Austjn, TX 78759 cipaustjn.com

All informatjon (Informatjon) provided or depicted on this map and or aerial photograph has been

  • btained from third party sources deemed reliable. However, neither CIP Austjn nor any of its brokers,

agents, employees, offjcers, directors or affjliated companies (collectjvely, CIP Austjn and Related Partjes) have made an independent investjgatjon of the Informatjon or the Informatjon sources, and no warranty

  • r representatjon is made by CIP Austjn and Related Partjes as to the accuracy of such Informatjon. The

Informatjon is submitued subject to the possible errors or omissions, and no person or organizatjon should rely on the Informatjon, unless such person or organizatjon has conducted an independent investjgatjon to confjrm the accuracy thereof.

2.058± ACRES COMMERCIAL LAND

US Highway 290 at Decker Lane | Austjn, TX

DEMOGRAPHICS

Ring: 3 Mile Radius Summary 2010 2017 2022 Population 9,928 14,635 19,907 Trends: 2017-2022 Annual Rate Area State National Population 6.35% 1.67% 0.83% Households by Income 2017 2022 Median Household Income $58,723 $68,193 Average Household Income $72,813 $85,897 Race and Ethnicity 2010 2017 2022 White Alone 46.0% 45.4% 46.1% Black Alone 25.2% 24.3% 23.1% Some Other Race Alone 18.4% 18.5% 19.0% Hispanic Origin (Any Race) 44.0% 44.1% 46.8% Ring: 5 Mile Radius Summary 2010 2017 2022 Population 55,559 71,887 88,360 Trends: 2017-2022 Annual Rate Area State National Population 4.21% 1.67% 0.83% Households by Income 2017 2022 Median Household Income $51,824 $56,821 Average Household Income $66,031 $77,047 Race and Ethnicity 2010 2017 2022 White Alone 46.2% 45.9% 47.3% Black Alone 25.2% 23.7% 22.2% Some Other Race Alone 19.5% 20.3% 19.9% Hispanic Origin (Any Race) 47.1% 48.5% 49.8% Ring: 10 Mile Radius Summary 2010 2017 2022 Population 470,018 551,851 621,719 Trends: 2017-2022 Annual Rate Area State National Population 2.41% 1.67% 0.83% Households by Income 2017 2022 Median Household Income $51,282 $57,155 Average Household Income $71,378 $82,390 Race and Ethnicity 2010 2017 2022 White Alone 60.8% 59.4% 59.1% Black Alone 13.5% 13.3% 13.0% Some Other Race Alone 14.7% 15.1% 14.9% Hispanic Origin (Any Race) 38.8% 39.7% 40.8%

Data Note: Income is expressed in current dollars Source: U.S. Bureau of Census, 2010 Census of Population and Housing. ESRI forecasts for 2017 and 2022.

2017

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SLIDE 8

11-2-2015 TYPES OF REAL ESTATE LICENSE HOLDERS:

  • A BROKER is responsible for all brokerage acvies, 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 informaon about the property or transacon received by the broker;
  • Answer the client’s quesons and present any offer to or counter-offer from the client; and
  • Treat all pares to a real estate transacon 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

  • wner, usually in a wrien lisng to sell or property management agreement. An owner's agent must perform the broker’s minimum

dues above and must inform the owner of any material informaon about the property or transacon known by the agent, including informaon 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 wrien representaon agreement. A buyer's agent must perform the broker’s minimum dues above and must inform the buyer of any material informaon about the property or transacon known by the agent, including informaon disclosed to the agent by the seller or seller’s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the pares the broker must rst obtain the wrien agreement of each party to the transacon. The wrien agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaons as an intermediary. A broker who acts as an intermediary:

  • Must treat all pares to the transacon imparally and fairly;
  • May, with the pares' wrien 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 instrucons of each party to the transacon.

  • Must not, unless specically authorized in wring to do so by the party, disclose:

that the owner will accept a price less than the wrien asking price;

that the buyer/tenant will pay a price greater than the price submied in a wrien offer; and

any condenal informaon or any other informaon that a party specically instructs the broker in wring 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 transacon 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 rst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:

  • The broker’s dues and responsibilies to you, and your obligaons under the representaon 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 noce is being provided for informaon purposes. It does not create an obligaon for you to use the broker’s services. Please acknowledge receipt of this noce below and retain a copy for your records.

Information About Brokerage Services

Texas law requires all real estate license holders to give the following informaon about brokerage services to prospecve buyers, tenants, sellers and landlords.

.

Designated Broker of Firm License No. Email Phone Licensed Supervisor of Sales Agent/ Associate License No. Email Phone Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No.

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

IABS 1-0

Date Buyer/Tenant/Seller/Landlord Initials

Sales Agent/Associate’s Name License No. Email Phone Commercial Industrial Properties, LLC

9007597 info@cipaustin.com (512) 682-1000 Robert Springer 627720

Email

bob@cipaustin.com

Phone

(512) 682-1001

Joyce Jane Weedman/Joshua Allen Hubka 344543/570840 joyce@cipaustin.com / josh@cipaustin.com

(512) 682-1000