PARKWAY CORNERS - LoopNet

DALLAS, TX

PARKWAY CORNERS

http://www.strivere.com

2F INANCIAL ANALYSIS

PARKWAY CORNERS - DALLAS, TXPRICING & FINANCIAL ANALYSIS

Parkway Corners4485 Trinity Mills Rd, 17617 & 17221 Dallas ParkwayDallas, TX 75287

OFFERING SUMMARY

Price $18,000,000

Cap Rate 7.18%

Net Operating Income $1,293,206

Price PSF $266.80

Occupancy 98.0%

Year Built 1995

Gross Leasable Area 67,466 SF

Lot Size 7.05 Acres


3PROPERTY DESCRIPTION

PARKWAY CORNERS - DALLAS, TXINVESTMENT HIGHLIGHTS

• Stabilized Asset: Parkway Corners is currently 98% occupied with 68% of the existing leases not expiring until July 2023 or later, providing an investor with stable long term cash flow. Additionally, the majority of leases have scheduled rental increases throughout their terms, providing an investor substantial contractual revenue growth throughout the holding period.

• E-Commerce Resilient: The tenancy of Parkway Corners consists exclusively of restaurant and service oriented uses, mitigating the risk of e-commerce competition, while also filling the “experiential retail” need expected by consumers today.

• Exceptional Location with High Traffic Counts: Located on the Dallas North Tollway at Trinity Mills Rd., Parkway Corners is conveniently located in the heart of one of the heaviest traveled areas of DFW. This segment of the Dallas North Tollway has daily vehicle counts approaching 170,000, with Trinity Mills Rd. having daily vehicle counts exceeding 25,000.

• Tremendous Trade Area with High Growth and Income: Over the past decade, the north Dallas area has consistently been ranked as one of the fastest growing areas in the entire country. This is evidenced by the Parkway Corners demographical data – within 1, 3, and 5 miles of Parkway Corners, population growth from 2010 to 2018 has been 70%, 44%, and 28% respectively, and current average household income within 1, 3, and 5 miles is $99K, $94K, and $98K respectively. To summarize, Parkway Corners is located at the center of a highly affluent and fast growing submarket populated by consumers with considerable amounts of discretionary income.

• Outstanding Visibility and Accessibility: Parkway Corners possesses unparalleled visibility from the Dallas North Tollway, as well as multiple points of unrestricted signalized access.



PARKWAY CORNERS - DALLAS, TXPRICING & FINANCIAL ANALYSIS

PROJECTED INCOME & EXPENSES ANNUAL PSF

Base Rent - Occupied Space $1,300,356 $19.27

GROSS POTENTIAL RENT $1,300,356 $19.27

Expense Reimbursements

CAM Recoveries $64,439 $0.96

Management Fee Recoveries $51,933 $0.77

Insurance Recoveries $32,760 $0.49

Real Estate Tax Recoveries $316,203 $4.69

Total Expense Reimbursements $465,334 $6.90

EFFECTIVE GROSS REVENUE $1,765,690 $26.17

Operating Expenses

Total CAM $64,093 $0.95

Management Fee 3.00% $52,971 $0.79

Total Insurance $33,415 $0.50

Total Real Estate Taxes $322,005 $4.77

Total Recoverable Expenses $472,484 $7.00

Net Operating Income $1,293,206 $19.17

Capitalization Rate 7.18%

EXPENSES ANNUAL PSF

Real Estate Taxes $322,005 $4.77

Insurance $33,415 $0.50

Total CAM $64,093 $0.95

Management Fee 3.00% $52,971 $0.79

Total Expenses $472,484 $7.00



PARKWAY CORNERS - DALLAS, TXPROPERTY IMAGERY



PARKWAY CORNERS - DALLAS, TXRENT ROLL

Tenant Suite SQ FT % of SQFT Lease Dates Minimum Rent Recoveries Total

Start End Annual Monthly PSF Annual PSF Revenue% of

Revenue

You Fit Health Club 150 22,522 33.38% 12/14 12/24 $320,939 $26,745 $14.25 $147,616 $6.55 $468,555 26.54%

Vibrant Dental Care 106 1,697 2.52% 11/16 01/27 $38,081 $3,173 $22.44 $11,123 $6.55 $49,203 2.79%

Trinity Vision 118 1,485 2.20% 04/07 03/22 $39,000 $3,250 $26.26 $9,733 $6.55 $48,733 2.76%

Sushi Maku 100 2,307 3.42% 09/14 08/19 $46,140 $3,845 $20.00 $15,121 $6.55 $61,261 3.47%

Simple Sleep Service 116 3,080 4.57% 08/16 12/21 $70,686 $5,891 $22.95 $20,187 $6.55 $90,873 5.15%

Salon Boutique 200 10,500 15.56% 08/00 03/24 $162,750 $13,563 $15.50 $68,820 $6.55 $231,570 13.11%

Paradise Nails 122 1,500 2.22% 02/10 01/20 $25,500 $2,125 $17.00 $9,831 $6.55 $35,331 2.00%

Norma's Cafe 130 4,219 6.25% 06/09 05/24 $92,818 $7,735 $22.00 $27,653 $6.55 $120,471 6.82%

Legacy Texas Bank 400 6,032 8.94% 03/06 08/21 $228,311 $19,026 $37.85 $70,599 $11.70 $298,911 16.93%

JJ Massage 124 1,059 1.57% 09/05 08/20 $22,483 $1,874 $21.23 $6,941 $6.55 $29,424 1.67%

Highland Park Cleaners 212 2,100 3.11% 03/99 08/19 $63,000 $5,250 $30.00 $13,764 $6.55 $76,764 4.35%

BJ's Tailor 120 952 1.41% 01/10 05/20 $23,800 $1,983 $25.00 $6,240 $6.55 $30,040 1.70%

Blueprint Fade Lounge 110 1,762 2.61% 01/18 01/21 $33,478 $2,790 $19.00 $11,549 $6.55 $45,027 2.55%

Taste the World 104 1,720 2.55% 08/18 07/23 $34,400 $2,867 $20.00 $11,273 $6.55 $45,673 2.59%

Available 108 1,322 1.96% - - $0 $0 $0.00 $0 $0.00 $0 0.00%

Regeneration Arcade Resturant and Bar

140 5,209 7.72% 08/18 11/23 $98,971 $8,248 $19.00 $34,884 $6.70 $133,855 7.58%

Total Count/GLA 16 67,466 100% Totals $1,300,356 $108,363 $465,334 $1,765,690 100.00%

Occupied 15 66,144 98.0%

Available 1 1,322 2.0%

Total Avg Rent $19.66 66,144 100.0%



PARKWAY CORNERS - DALLAS, TXESTIMATED REIMBURSEMENT REVENUE

Tenant Suite SQ FT % of SQFT CAM Management Fee Insurance Real Estate Taxes Total Recovery

Monthly PSF Monthly PSF Monthly PSF Monthly PSF Monthly PSF

You Fit Health Club 150 22,522 33.38% $1,783 $0.95 $1,474 $0.79 $930 $0.50 $8,115 $4.32 $12,301 $6.55

Vibrant Dental Care 106 1,697 2.52% $134 $0.95 $111 $0.79 $70 $0.50 $611 $4.32 $927 $6.55

Trinity Vision 118 1,485 2.20% $118 $0.95 $97 $0.79 $61 $0.50 $535 $4.32 $811 $6.55

Sushi Maku 100 2,307 3.42% $183 $0.95 $151 $0.79 $95 $0.50 $831 $4.32 $1,260 $6.55

Simple Sleep Service 116 3,080 4.57% $244 $0.95 $202 $0.79 $127 $0.50 $1,110 $4.32 $1,682 $6.55

Salon Boutique 200 10,500 15.56% $831 $0.95 $687 $0.79 $433 $0.50 $3,783 $4.32 $5,735 $6.55

Paradise Nails 122 1,500 2.22% $119 $0.95 $98 $0.79 $62 $0.50 $540 $4.32 $819 $6.55

Norma's Cafe 130 4,219 6.25% $334 $0.95 $276 $0.79 $174 $0.50 $1,520 $4.32 $2,304 $6.55

Legacy Texas Bank 400 6,032 8.94% $549 $1.09 $395 $0.79 $249 $0.50 $4,690 $9.33 $5,883 $11.70

JJ Massage 124 1,059 1.57% $84 $0.95 $69 $0.79 $44 $0.50 $382 $4.32 $578 $6.55

Highland Park Cleaners 212 2,100 3.11% $166 $0.95 $137 $0.79 $87 $0.50 $757 $4.32 $1,147 $6.55

BJ's Tailor 120 952 1.41% $75 $0.95 $62 $0.79 $39 $0.50 $343 $4.32 $520 $6.55

Blueprint Fade Lounge 110 1,762 2.61% $139 $0.95 $115 $0.79 $73 $0.50 $635 $4.32 $962 $6.55

Taste the World 104 1,720 2.55% $136 $0.95 $113 $0.79 $71 $0.50 $620 $4.32 $939 $6.55

Available 108 1,322 1.96% $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00 $0 $0.00

Regeneration Arcade Resturant and Bar

140 5,209 7.72% $474 $1.09 $341 $0.79 $215 $0.50 $1,877 $4.32 $2,907 $6.70

TOTALS 67,466 100% $5,370 $4,328 $2,730 $26,350 $38,778



PARKWAY CORNERS - DALLAS, TXLEASE PROVISIONS

Tenant Suite SQ FTBase Rental Increases

Renewal OptionsUser Restrictions & Exclusive Rights

Sales Reporting

Date PSF Options Date PSF

You Fit Health Club 150 22,522 1/1/2020 $15.67 2 x 5 1/1/2025 1/1/2030

$17.24 FMV

Exclusive use as tenant whose principal business activity is a fitness center and physical training facility Yes

Vibrant Dental Care 106 1,697

12/1/2018 12/1/2019 12/1/2020 12/1/2021 12/1/2022 12/1/2023 12/1/2024 12/1/2025

$22.89 $23.35 $23.81 $24.29 $24.78 $25.28 $25.79 $26.31

2 x 5 2/1/2027 2/1/2032

FMV FMV Exclusive use to practice general dentistry Yes

Trinity Vision 118 1,485 4/1/2019 4/1/2020 4/1/2021

$27.07 $27.88 $28.69

- - - - No

Sushi Maku 100 2,307 - - 1 x 5 9/1/2019 FMV - Yes

Simple Sleep Service 116 3,080 1/1/2019 1/1/2020 1/1/2021

$23.41 $23.88 $24.36

1 x 5 1/1/2022 FMV Exclusive use for sleep diagnostic services Yes

Salon Boutique 200 10,500 4/1/2020 $16.25 2 x 5 4/1/2024 4/1/2029

$21.85 $25.13 Exclusive use as an upscale hair salon No

Paradise Nails 122 1,500 - - - - - Exclusive use as a full service nail salon Yes

Norma's Cafe 130 4,219

6/1/2019 6/1/2020 6/1/2021 6/1/2022 6/1/2023

$24.20 $24.68 $25.18 $25.68 $26.19

1 x 5

6/1/2024 6/1/2025 6/1/2026 6/1/2027 6/1/2028

$26.60 $27.13 $27.67 $28.23 $28.79

- No

Legacy Texas Bank 400 6,032 - - 1 x 5 9/1/2021 FMV - No

JJ Massage 124 1,059 9/1/2018 9/1/2019

$21.23 $21.65 1 x 5 9/1/2020 FMV - Yes

Highland Park Cleaners 212 2,100 - - - - - - Yes

BJ's Tailor 120 952 6/1/2019 $26.00 - - - - Yes

Blueprint Fade Lounge 110 1,762 2/1/2019 2/1/2020

$19.57 $20.16 2 x 3 2/1/2021

2/1/2024$22.00 $25.00 - Yes

Taste the World 104 1,720

2/1/2019 8/1/2019 8/1/2020 8/1/2021 8/1/2022

$20.00 $20.60 $21.22 $21.86 $22.52

2 x 5 8/1/2023 8/1/2028

$24.77 $27.25 - Yes

Available 108 1,322 - - - - - - -

Regeneration Arcade Resturant and Bar 140 5,209

12/1/2018 12/1/2020 12/1/2021 12/1/2022

$19.00 $20.00 $21.00 $22.00

1 x 5 12/1/2023 $23.00 - Yes

TOTAL 67,466



PARKWAY CORNERS - DALLAS, TXTENANT INFORMATION

Tenant Youfit Health Club

Corporate/Franchise Corporate

Locations 100+ Locations

Website www.youfit.com

Line of Business Youfit Health Clubs is a chain of health clubs that was founded in 2008, Youfit has over 100 locations across 14 states, predominantly in the South and West. Youfit primarily caters to casual gym-goers, and offers personal training with certified personal trainers at all locations and group exercise at select locations. Some locations also have amenities like saunas, tanning, child care and more.

Tenant Simple Sleep Service


Locations 2 Locations, all in the Dallas-Fort Worth Metroplex

Website www.simplesleepservices.com

Line of Business Simple Sleep Snoring and Apnea Center focuses on helping patients deal with sleep apnea, a common disorder that causes interruptions in breathing during sleep. The Simple Sleep Snoring and Apnea Center’s team of doctors will fit you for your Simple Sleep Custom Mouthpiece, an effective, lasting solution for sleep apnea and snoring.

Tenant LegacyTexas Bank



Website www.normascafe.com

Line of Business LegacyTexas Bank is a commercial bank headquartered in Plano, Texas. The bank was found in 1952 in Plano, Texas, as a community bank for the surrounding North Texas area. Since then it has grown to be one of the biggest banks in Texas and the biggest locally in North Texas.

Tenant Norma’s Cafe

Corporate/Franchise Corporation


Website www.normascafe.com

Line of Business Norma’s Cafe is a Dallas-based chain of restaurants that focus on serving scratch cooking that reminds you of home. Founded in 1956 from a small Texas storefront in the Oak Cliff neighborhood just outside downtown Dallas, Norma’s Cafe has expanded to five locations in the Dallas area, and is best known for its big, country breakfasts.



PARKWAY CORNERS - DALLAS, TXSITE PLAN

20

0

212

100

104

106

108

110

116

118

120

122

124

130

140

150

100

400

SUITE TENANT

100 Sushi Maku

104 Taste the World

106 Vibrant Dental Care

108 Available

110 Blueprint Fade Lounge

116 Simple Sleep Service

118 Trinity Vision

120 BJ's Tailor

122 Paradise Nails

124 Junhua LLC JJ Massage

130 Norma's Cafe

140 Regeneration Arcade

150 You Fit Health Club

200 Salon Boutique

212 Highland Park Cleaners

400 Legacy Texas Bank



PARKWAY CORNERS - DALLAS, TXAERIAL MAP

MITCHELLELEMENTARY

MCKAMY ELEMENTARY

TRINITYCHRISTIANACADEMY

ADDISON AIRPORT

TRINITY MILLS RD 25,260 VPD

167,560 VPD



PARKWAY CORNERS - DALLAS, TXLOCAL MAP

Parkway Corners



PARKWAY CORNERS - DALLAS, TXREGIONAL MAP

Parkway Corners



PARKWAY CORNERS - DALLAS, TXMARKET SUMMARY

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 6,810,913 people as of July 1, 2013. The metropolitan economy is the sixth largest in the United States, with a 2012 real GDP of $420.34 billion. In 2013 the metropolitan area led the nation with the largest year-over-year increase in employment, and advanced to become 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 2013, 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 Co-operation and Development. The Dallas-Fort Worth Metroplex has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. The city of Dallas has 12 Fortune 500 companies, and the DFW region as a whole has 22.

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.

Dallas - Fort Worth, TX

2nd

3rd

22

10K

4th

Texas, Fastest Growing Economy in the U.S. (24/7 Wall St.)

Fastest Growing Cities in the U.S. (Forbes)

O V E R V I E W Q U I C K S TAT S

Fortune 500 Companies Call DFW Home (Fortune)

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

Largest Metropolitan Area in the United States



PARKWAY CORNERS - DALLAS, TXDEMOGRAPHIC STATISTICS

1 Mile 3 Mile 5 Mile

Population:2023 Projection 36,315 217,723 489,8902018 Estimate 31,126 190,664 437,4842010 Census 18,316 132,105 342,662Growth 2018-2023 16.67% 14.19% 11.98%Growth 2010-2018 69.94% 44.33% 27.67%2018 Population Hispanic Origin 5,262 37,213 101,856

2018 Population by Race:White 21,328 131,274 314,459Black 5,762 33,922 56,494Am. Indian & Alaskan 189 1,354 3,147Asian 3,116 18,900 52,332Hawaiian & Pacific Island 38 155 351Other 693 5,060 10,702U.S. Armed Forces: 1 157 220

Households:2023 Projection 16,242 96,453 204,4202018 Estimate 14,127 85,426 183,4982010 Census 9,762 64,874 149,294Growth 2018 - 2023 14.97% 12.91% 11.40%Growth 2010 - 2018 44.71% 31.68% 22.91%Owner Occupied 4,293 31,344 80,072Renter Occupied 9,834 54,082 103,427

2018 Avg Household Income $98,864 $93,907 $97,893 2018 Med Household Income $63,339 $64,251 $68,435

2018 Households by Household Inc:<$25,000 2,076 12,305 26,225$25,000 - $50,000 3,352 20,766 40,416$50,000 - $75,000 3,032 16,699 33,675$75,000 - $100,000 1,467 9,822 21,708$100,000 - $125,000 888 6,932 16,710$125,000 - $150,000 584 3,992 10,205$150,000 - $200,000 773 5,867 14,227$200,000+ 1,954 9,042 20,333

Demographic data © CoStar 2018


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.

CONFIDENTIALITY AGREEMENT

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.

Commercial Disclaimer

TYPES OF REAL ESTATE LICENSE HOLDERS:• ABROKERisresponsibleforallbrokerageactivities,includingactsperformedbysalesagentssponsoredbythebroker.• ASALESAGENT mustbesponsoredbyabrokerandworkswithclientsonbehalfofthebroker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):• Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;• Informtheclientofanymaterialinformationaboutthepropertyortransactionreceivedbythebroker;• Answertheclient’squestionsandpresentanyoffertoorcounter-offerfromtheclient;and• Treatallpartiestoarealestatetransactionhonestlyandfairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): Thebrokerbecomesthepropertyowner’sagentthroughanagreementwiththeowner,usuallyinawrittenlistingtosellorpropertymanagementagreement.Anowner’sagentmustperformthebroker’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsubagentbythebuyerorbuyer’sagent.

AS AGENT FOR BUYER/TENANT: Thebrokerbecomes thebuyer/tenant’sagentbyagreeing to represent thebuyer,usually throughawrittenrepresentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.

AS AGENT FOR BOTH - INTERMEDIARY: Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:• Musttreatallpartiestothetransactionimpartiallyandfairly;• May,withtheparties’writtenconsent,appointadifferentlicenseholderassociatedwiththebrokertoeachparty(ownerand• buyer)tocommunicatewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.• Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose:

ӽ thattheownerwillacceptapricelessthanthewrittenaskingprice;ӽ thatthebuyer/tenantwillpayapricegreaterthanthepricesubmittedinawrittenoffer;andӽ anyconfidentialinformationoranyotherinformationthatapartyspecificallyinstructsthebrokerinwritingnottodisclose,unlessrequiredtodosobylaw.

AS SUBAGENT: Alicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresentthebuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:• Thebroker’sdutiesandresponsibilitiestoyou,andyourobligationsundertherepresentationagreement.• Whowillpaythebrokerforservicesprovidedtoyou,whenpaymentwillbemadeandhowthepaymentwillbecalculated.

LICENSE HOLDER CONTACT INFORMATION: Thisnoticeisbeingprovidedforinformationpurposes.Itdoesnotcreateanobligationforyoutousethebroker’sservices.Pleaseacknowledgereceiptofthisnoticebelowandretainacopyforyourrecords.

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

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

Information About Brokerage Services

IABS1-0

469.844.8880 | STRIVERE.COM

exclusively listed

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