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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas Rebecca Le | 281.477.4300 HEB Development – Lake Jackson New Retail Space Available For Lease in HEB Anchored Center

HEB Development – Lake Jackson - NewQuest … · SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas HEB Development – Lake Jackson Demographics 2 Miles 3 Miles 5 …

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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas

Rebecca Le | 281.477.4300

HEB Development – Lake Jackson

New Retail Space Available For Lease in HEB Anchored Center

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Huntsville

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TheWoodlands

Cleveland

Conroe

Tomball

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Missouri City

Lake Jackson

Galveston

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2004

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SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas

HEB Development – Lake Jackson

Demographics 2 Miles 3 Miles 5 Miles

Current Population 27,735 44,186 57,308

Current Households 10,497 16,830 21,518

Average Household Income $110,475 $104,625 $99,786

Growth Since 2010 Census 16.88% 19.49% 24.26%Source: USPS Postal Count, 12/17

11.17

Rebecca Le281.477.4327 | [email protected]

• New retail space available in 81,377 SF HEB development at Oyster Creek Drive and Oak Drive, Lake Jackson• Lake Jackson will have $30 billion in industrial investments by petrochemical industry over the next 10 years and 7,000 new jobs• DOW Chemical currently building 900,000 SF research and development center for 2,000 employees• Population within 5 mile radius exceeds 54,500 and an average household income of $77,600

Project Size: 15.64 acres; HEB 81,377 SFAvailable: 840 SF Small shop space - 15,114 SFTraffic Counts: 24,610 cpd on Oyster Creek Drive

SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas

HEB Development – Lake Jackson

11.17

SEC of Oyster Creek Drive and Oak Drive | Lake Jackson, Texas

HEB Development – Lake Jackson

Information About Brokerage Services

TYPES OF REAL ESTATE LICENSE HOLDERS:• ABROKERisresponsibleforallbrokerageactivities,includingactsper-

formedbysalesagentssponsoredbythebroker.• ASALESAGENTmustbesponsoredbyabrokerandworkswithclients

onbehalfofthebroker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the per-son or party that the broker represents):

• Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;

• Informtheclientofanymaterialinformationaboutthepropertyortrans-actionreceivedbythebroker;

• 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’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationabouttheproertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsubagentbythebuyerorbuyer’sagent.

AS AGENT FOR BUYER/TENANT:Thebrokerbecomesthebuyer/tenant’sagentbyagreeingtorepresentthebuyer,usuallythroughawrittenrepre-sentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.

AS AGENT FOR BOTH - INTERMEDIARY:Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:

• Musttreatallpartiestothetransactionimpartiallyandfairly;• May,withtheparties’writtenconsent,appointadifferentlicenseholder

associatedwiththebrokertoeachparty(ownerandbuyer)tocommuni-catewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.

• Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose:• thattheownerwillacceptapricelessthanthewrittenaskingprice;• thatthebuyer/tenantwillpayapricegreaterthanthepricesubmitted

inawrittenoffer;and• anyconfidentialinformationoranyotherinformationthatapartyspe-

cificallyinstructsthebrokerinwritingnottodisclose,unlessrequiredtodosobylaw.

AS SUBAGENT:Alicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresentthebuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO-KER 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.

LicensedBroker/BrokerFirmNameorPrimaryAssumedBusinessName

DesignatedBrokerofFirm

LicensedSupervisorofSalesAgent/Associate

SalesAgent/Associate’sName

LicenseNo.

LicenseNo.

LicenseNo.

LicenseNo.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/LandlordInitials Date

RegulatedbytheTexasRealEstateCommission(TREC)|Informationavailableathttp://www.trec.texas.gov

The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice.

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

Rev. 05.15.18 ct