911 MEDICAL CENTRE DRIVE · Development Market: Dallas-Fort Worth Submarket: Arlington/Mansfield...
Transcript of 911 MEDICAL CENTRE DRIVE · Development Market: Dallas-Fort Worth Submarket: Arlington/Mansfield...
911 MEDICALCENTRE DRIVE911 MEDICAL CENTRE DRARLINGTON, TX 76012
Lee WandelAssociate [email protected] #660453
David Dunn, CCIM, SIORExecutive [email protected] #0375841
SVN | DUNN COMMERCIAL | 1202 CORPORATE DRIVE WEST, ARLINGTON, TX 76006 OFFERING MEMORANDUM
Disclaimer
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 2The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
The material contained in this Offering Brochure is furnished solely for the purpose of considering the purchase of theproperty within and is not to be used for any other purpose. This information should not, under any circumstances, bephotocopied or disclosed to any third party without the written consent of the SVN® Advisor or Property Owner, or usedfor any purpose whatsoever other than to evaluate the possible purchase of the Property.
The only party authorized to represent the Owner in connection with the sale of the Property is the SVN Advisor listed inthis proposal, and no other person is authorized by the Owner to provide any information or to make anyrepresentations other than contained in this Offering Brochure. If the person receiving these materials does not chooseto pursue a purchase of the Property, this Offering Brochure must be returned to the SVN Advisor.
Neither the SVN Advisor nor the Owner make any representation or warranty, express or implied, as to the accuracy orcompleteness of the information contained herein, and nothing contained herein is or shall be relied upon as a promiseor representation as to the future representation of the Property. This Offering Brochure may include certain statementsand estimates with respect to the Property. These Assumptions may or may not be proven to be correct, and there canbe no assurance that such estimates will be achieved. Further, the SVN Advisor and the Owner disclaim any and allliability for representations or warranties, expressed or implied, contained in or omitted from this Offering Brochure, orany other written or oral communication transmitted or made available to the recipient. The recipient shall be entitled torely solely on those representations and warranties that may be made to it in any final, fully executed and delivered RealEstate Purchase Agreement between it and Owner.
The information contained herein is subject to change without notice and the recipient of these materials shall not lookto Owner or the SVN Advisor nor any of their officers, employees, representatives, independent contractors or affiliates,for the accuracy or completeness thereof. Recipients of this Offering Brochure are advised and encouraged to conducttheir own comprehensive review and analysis of the Property.
This Offering Brochure is a solicitation of interest only and is not an offer to sell the Property. The Owner expresslyreserves the right, at its sole discretion, to reject any or all expressions of interest to purchase the Property andexpressly reserves the right, at its sole discretion, to terminate negotiations with any entity, for any reason, at any timewith or without notice. The Owner shall have no legal commitment or obligation to any entity reviewing the OfferingBrochure or making an offer to purchase the Property unless and until the Owner executes and delivers a signed RealEstate Purchase Agreement on terms acceptable to Owner, in Owner’s sole discretion. By submitting an offer, aprospective purchaser will be deemed to have acknowledged the foregoing and agreed to release the Owner and theSVN Advisor from any liability with respect thereto.
To the extent Owner or any agent of Owner corresponds with any prospective purchaser, any prospective purchasershould not rely on any such correspondence or statements as binding Owner. Only a fully executed Real Estate PurchaseAgreement shall bind the property and each prospective purchaser proceeds at its own risk.
1PROPERTY INFORMATIONProperty Summary
Property Details
Property Description
Property Level Floor Plan
Space Breakout
2LOCATION INFORMATIONRegional Map
Location Maps
Aerial Map
3FINANCIAL ANALYSISFinancial Summary
Income & Expenses
Rent Roll
4CITY OF ARLINGTON OVERVIEWCity of Arlington Overview
Area Amenities
Arlington Workforce Overview
5DEMOGRAPHICSDemographics Report
Demographics Map
IABS_1-0.pdf
OFFERING MEMORANDUM911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012
1 PROPERTYINFORMATION
911 Medical Centre DrArlington, TX 76012
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 4
SALE PRICE $950,000
OFFERING SUMMARY
Cap Rate: 5.96%
NOI: $56,623
Lot Size: 0.18 Acres
Year Built: 1984
Building Size: 7,156 SF
Renovated: 2019
Zoning: PD / Planned
Development
Market: Dallas-Fort Worth
Submarket: Arlington/Mansfield
Traffic Count: 16,293
Price / SF: $132.76
PROPERTY OVERVIEWValue-Add Net Leased Investment - Minimal Landlord Responsibilities75% of The Property is occupied by long-time existing Tenant; TexasPulmonary & Critical Care Consultants, P.A. - Lease Expires in 2024
PROPERTY HIGHLIGHTS
• Triple Net Investment
• 1,848 SF Available for Occupancy by Additional Tenant or Owner/User
• Stable, In-Place Cash Flow from Newly Renewed Texas Pulmonary &Critical Care Consultants, P.A. (TPCCC) Lease
• TPCCC Lease Term through 2024 at Market Rate with Annual Base RentIncreases
• Centrally Located North Arlington - Close Proximity to Texas HealthArlington Memorial Hospital
Property Summary
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 5The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
SALE PRICE $950,000
LOCATION INFORMATION
Building Name 911 Medical Centre Drive
Street Address 911 Medical Centre Dr
City, State, Zip Arlington, TX 76012
County/Township Tarrant/Arlington
Market Dallas-Fort Worth
Submarket Arlington/Mansfield
Cross Streets Medical Centre Dr / Magnolia St
Side Of Street North
Road Type Paved
Market Type Large
Nearest Highway Interstate 30
Nearest Airport Dallas / Fort Worth International
Airport
PROPERTY DETAILS
Property Type Office
Property Subtype Medical
Zoning PD / Planned Development
Lot Size 0.18 Acres
APN# 05893747
Submarket Arlington/Mansfield
Traffic Count 16,293
Traffic Count Street W Randol Mill Rd
PARKING & TRANSPORTATION
Parking Price Per Month $0/month
Parking Type Surface
UTILITIES & AMENITIES
Handicap Access Yes
Number Of Elevators N/A
Number Of Escalators N/A
Plumbing Description Office/Medical Plumbing
Exterior Description Existing Brick MasonryConstruction
Interior Description Medical Office finish includingplumbed exam rooms, lab areas,administrative offices, reception
and waiting area.
Property Details
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 6The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
BUILDING INFORMATION
Building Size 7,156 SF
NOI $56,623
Cap Rate 5.96%
Price / SF $132.76
Year Built 1984
Last Renovated 2019
Building Class C
Occupancy % 75%
Tenancy Multiple
Number Of Floors 1
Average Floor Size 7,156 SF
Gross Leasable Area 7,156 SF
Load Factor Yes
Construction Status Existing
Framing wood
Condition Good
Roof Composite Shingle
Free Standing Yes
Number Of Buildings 1
Walls Covered Drywall
Ceilings Acoustical Tile
Floor Coverings Carpet & Tile
Exterior Walls Brick Masonry
Office Buildout Medical Office
Foundation Concrete Slab
PROPERTY DETAILS
Property Type Office
Property Subtype Medical
Zoning PD / Planned Development
Lot Size 0.18 Acres
APN# 05893747
Submarket Arlington/Mansfield
Traffic Count 16,293
Traffic Count Street W Randol Mill Rd
PARKING & TRANSPORTATION
Parking Price Per Month $0/month
Parking Type Surface
UTILITIES & AMENITIES
Handicap Access Yes
Number Of Elevators N/A
Number Of Escalators N/A
Plumbing Description Office/Medical Plumbing
Exterior Description Existing Brick MasonryConstruction
Interior Description Medical Office finish includingplumbed exam rooms, lab areas,administrative offices, reception
and waiting area.
Property Details
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 7The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
LOCATION OVERVIEW
NEQ of Medical Centre Dr / Magnolia St in North Arlington -Close proximity to Texas Health Arlington Memorial Hospital.
SITE DESCRIPTION
911 Medical Centre Drive (“The Property”) consists of three (3)contiguous Office/Medical Condominium Units (Unit A, B, & C)within The Medical Centre Office Park in North Arlington,residing on approximately 0.18 acre. Combined, the Condo Unitsconsist of a total of 7,156 Square Feet of RBA. Respectfully:
Suite A: 1,848 RSF - Vacant & Available for Lease-Up or Owner/Occupant (May 1, 2019)Suite B: 1,157 RSF - Leased to Texas Pulmonary & Critical CareConsultants, P.A. (Term thru. Feb. 2024)Suite C: 4,151 RSF - Leased to Texas Pulmonary & Critical CareConsultants, P.A. (Term thru. Feb. 2024)
The Medical Centre Office Park is located on the NEC ofMagnolia St and Medical Centre Dr. Property is adjacent to andwithin walking distance of Texas Health Arlington MemorialHospital.
The Condo Units carry mandatory membership to the overallCondo Association, to which, defined Condo Association Fee’s("Assoc. Fee's") are paid on a per-month basis. Assoc. Fee'scover items such as The Property's property insurancecoverage, exterior structural maintenance and repairs, roof,grounds keeping & parking maintenance.
Constructed in 1984 and recently partially renovated in Winter/Spring 2019, The Property consists of a brick masonry exterioroutlined by asphalt sidewalks and minimal and well-maintainedshrubbery. The interior finish of the Condo Units is primarilytraditional Medical Office, along with a small portion of general"administrative" office space, as well.
ZONING
PD / Planned Development - Provides an alternative toconventional development by permitting greater flexibility forprojects to best utilize the physical features of the site inexchange for greater public benefits than would otherwise beachieved through development under the Code standards.
Property Description
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 8The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
Property Level Floor Plan
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 9The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
Unit A, B & C (Contiguous) - Unit B & C Occupied Unit A - Individual Suite (Available For Lease/Occupant)
Space Breakout
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 10The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
2 LOCATIONINFORMATION
911 Medical Centre DrArlington, TX 76012
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 11
911 Medical Centre Drive
Regional Map
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 12The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
Location Maps
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 13The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
911 Medical Centre Drive
Aerial Map
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 14The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
3 FINANCIALANALYSIS911 Medical Centre Dr
Arlington, TX 76012
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 15
INVESTMENT OVERVIEW 2019 FINANCIALS - 911 MEDICAL CENTRE DR, CONDO'SA,B, & C
Price $950,000
Price per SF $132.76
CAP Rate 6.0%
Cash-on-Cash Return (yr 1) 22.65 %
Total Return (yr 1) $56,623
Debt Coverage Ratio -
OPERATING DATA 2019 FINANCIALS - 911 MEDICAL CENTRE DR, CONDO'SA,B, & C
Gross Scheduled Income $89,450
Other Income -
Total Scheduled Income $89,450
Vacancy Cost $22,362
Gross Income $67,087
Operating Expenses $40,653
Net Operating Income $56,623
Pre-Tax Cash Flow $56,623
FINANCING DATA 2019 FINANCIALS - 911 MEDICAL CENTRE DR, CONDO'SA,B, & C
Down Payment $250,000
Loan Amount $750,000
Debt Service -
Debt Service Monthly -
Principal Reduction (yr 1) -
Financial Summary
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 16The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
INCOME SUMMARY2019 FINANCIALS - 911 MEDICAL CENTRE DR, CONDO'S
A,B, & C
NNN Income $67,087
EXPENSE SUMMARY2019 FINANCIALS - 911 MEDICAL CENTRE DR, CONDO'S
A,B, & C
Condo A - Condo Assoc. Fee $5,183Condo B - Condo Assoc. Fee - TPCCC $3,312Condo C - Condo Assoc. Fee - TPCCC $11,707Condo A - RE Taxes $5,281Condo B - RE Taxes - TPCCC $3,306Condo C - RE Taxes - TPCCC $11,862
Gross Expenses $40,653
Net Operating Income $56,623
Income & Expenses
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 17The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
TENANT
NAME
UNIT
NUMBER
UNIT
SIZE
(SF)
LEASE
START
LEASE
END
LEASE
START
ANNUAL
RENT
% OF
BUILDING
PRICE
PER SF/
YR
RECOVERY
TYPE COMMENTS
Vacant A 1,848 Current $23,100 25.82 $12.50
TPCCC B 1,157 3/1/2019 2/28/2024 Current $14,463 16.17 $12.50
TPCCC C 4,151 3/1/2019 2/28/2024 Current $51,888 58.01 $12.50
Totals/Averages 7,156 $89,451 $12.50 $0 $0
Rent Roll
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 18The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
4 CITY OFARLINGTONOVERVIEW
911 Medical Centre DrArlington, TX 76012
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 19
City Of Arlington Overview
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 20The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 21The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
Area Amenities
TOP 10 MAJOR EMPLOYERS
University of Texas at Arlington
GM Financial
General Motors
Arlington Independent School District
Texas Health Resources
City of Arlington
The Parks Mall
J.P. Morgan Chase
Six Flags Over Texas
Texas Rangers
EMPLOYMENT PERCENTAGES BY INDUSTRY
Management, Business, Science & Arts -- 34%
Service Occupations -- 17.3%
Sales and Office Occupations -- 26%
Natural Resources, Construction & Maintenance -- 9%
Production, Transportation and Material Moving -- 13.7%
Arlington Workforce Overview
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 22The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
5DEMOGRAPHICS
911 Medical Centre DrArlington, TX 76012
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 23
1 MILE 3 MILES 5 MILES
Total population 14,445 108,212 256,562
Median age 31.7 32.7 32.1
Median age (male) 31.5 31.7 31.2
Median age (female) 32.6 33.8 32.9
1 MILE 3 MILES 5 MILES
Total households 5,098 43,043 100,873
Total persons per HH 2.8 2.5 2.5
Average HH income $51,540 $57,917 $57,348
Average house value $126,515 $150,692 $150,147
1 MILE 3 MILES 5 MILES
Total Population - White 9,300 72,259 158,875
Total Population - Black 1,921 15,376 47,879
Total Population - Asian 1,020 6,809 16,252
Total Population - Hawaiian 88 108 230
Total Population - American Indian 72 690 1,579
Total Population - Other 1,855 10,642 25,955
1 MILE 3 MILES 5 MILES
Total Population - Hispanic 6,305 33,803 79,562
* Demographic data derived from 2010 US Census
Demographics Report
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 24The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
POPULATION 1 MILE 3 MILES 5 MILES
Total population 14,445 108,212 256,562
Median age 31.7 32.7 32.1
Median age (Male) 31.5 31.7 31.2
Median age (Female) 32.6 33.8 32.9
HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES
Total households 5,098 43,043 100,873
# of persons per HH 2.8 2.5 2.5
Average HH income $51,540 $57,917 $57,348
Average house value $126,515 $150,692 $150,147
ETHNICITY (%) 1 MILE 3 MILES 5 MILES
Hispanic 43.6% 31.2% 31.0%
RACE (%)
White 64.4% 66.8% 61.9%
Black 13.3% 14.2% 18.7%
Asian 7.1% 6.3% 6.3%
Hawaiian 0.6% 0.1% 0.1%
American Indian 0.5% 0.6% 0.6%
Other 12.8% 9.8% 10.1%
* Demographic data derived from 2010 US Census
Demographics Map
911 MEDICAL CENTRE DRIVE | 911 MEDICAL CENTRE DR, ARLINGTON, TX 76012 SVN | Dunn Commercial | Page 25The information presented here is deemed to be accurate, but it has not been independently verified. We make no guarantee, warranty or representation. It is your responsibility to independently confirm accuracy and
completeness. All SVN® offices are independently owned and operated.
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; 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 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 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:
ᴑ that the owner will accept a price less than the written asking price;ᴑ that the buyer/tenant will pay a price greater than the price submitted in a written offer; andᴑ 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.
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.
.
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. Email Phone
Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov
IABS 1-0
Date Buyer/Tenant/Seller/Landlord Initials
Sales Agent/Associate’s Name License No. Email Phone