11
Office Space – Spring, TX OFFICE FOR LEASE 20008 Champion Forest Dr, Spring, TX 77379 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. RICK STALLINGS TEAM 713.503.0808 / 281.203.9194 9303 New Trails, Suite 300 The Woodlands, TX 77381 BERKSHIRE HATHAWAY HomeServices Anderson Properties COMMERCIAL DIVISION RENTAL RATE: $23.50/SF/Year SPACE AVAILABLE: 1,200 SF LEASE TYPE: Modified Gross CROSS STREETS: Champion Forest & Crescent Clover LEASE TERM: 3-5 Years PROPERTY OVERVIEW JUST REDUCED! Champion Ridge Office Condominiums at Gleannloch Farms is a new professional office community that is ideal for professionals who are looking for front-door walkup access and surface parking. Each building within Champion Ridge is composed of four units totaling up to 4,900 square feet of highly efficient office space. Surrounded by the beauty of pine trees and open space in one of Houston’s premier Master-Planned communities, Champion Ridge at Gleannloch Farms is in a prime location just seconds from the new Grand Parkway via the exit for Champion Forest, and just minutes away from the new Exxon- Mobil Campus. PROPERTY HIGHLIGHTS New, Very Nice, Office Condo Community Close to the Prestigious Community of The Woodlands Office has its Own Entrance 1,200 SF Includes Offices, Conference Room, Small Kitchen and Private Bathroom Lots of Parking

OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

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Page 1: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

RENTAL RATE: $23.50/SF/Year

SPACE AVAILABLE: 1,200 SF

LEASE TYPE: Modified Gross

CROSS STREETS: Champion Forest & Crescent Clover

LEASE TERM: 3-5 Years

PROPERTY OVERVIEW JUST REDUCED! Champion Ridge Office Condominiums at Gleannloch Farms is a new professional office community that is ideal for professionals who are looking for front-door walkup access and surface parking. Each building within Champion Ridge is composed of four units totaling up to 4,900 square feet of highly efficient office space. Surrounded by the beauty of pine trees and open space in one of Houston’s premier Master-Planned communities, Champion Ridge at Gleannloch Farms is in a prime location just seconds from the new Grand Parkway via the exit for Champion Forest, and just minutes away from the new Exxon-Mobil Campus.

PROPERTY HIGHLIGHTS New, Very Nice, Office Condo Community

Close to the Prestigious Community of The Woodlands

Office has its Own Entrance

1,200 SF Includes Offices, Conference Room, Small Kitchen and Private Bathroom

Lots of Parking

Page 2: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 3: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

1,200 SF Office Condo with beautiful interior including reception area, Offices, Conference Room, Kitchen, Private Bathroom. Hardwood Floors throughout. Office Condo has its own entrance.

Amenities

Air Conditioning Central Heating Kitchen Facilities Reception Area

Hardwood Floors After Hours HVAC Available Conference Room/Offices Private Restroom

Page 4: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 5: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 6: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Champions Ridge

Demographic Report

PopulationDistance Male Female Total

1- Mile 3,456 4,003 7,459

3- Mile 25,939 27,357 53,297

5- Mile 70,562 71,989 142,551

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

Richard Stallings

PouyaTiraie

RickStallingsTeam

RickStallings,MBA

DawnRogers,OfficeManager

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 7: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Employment by DistanceDistance Employed Unemployed Unemployment Rate

1-Mile 3,388 147 1.90 %

3-Mile 27,402 1,073 1.44 %

5-Mile 76,752 2,830 3.11 %

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

Richard Stallings

PopulationbyDistanceandAge(2015)

10,000

6,0004,0002,000

0

3-Mile 5-Mile1-Mile

8,000

12,000

HomeOwnership1Mile

HomeOwnership3Mile

HomeOwnership5Mile

Renters

Owners

Renters

Owners

Renters

Owners

Ethnicitywithin5miles

Black

Hispanic

Asian

White

White NativeAmerican Asian

Black PacificIslanders Hispanic

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 8: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Radius Median Household Income

1-Mile $108,424.00

3-Mile $89,847.74

5-Mile $95,505.80

Radius Average Household Income

1-Mile $110,531.00

3-Mile $94,708.58

5-Mile $102,823.84

Radius Aggregate Household Income

1-Mile $263,881,429.58

3-Mile $1,675,769,862.79

5-Mile $4,837,994,204.84

1-MilePop > 25 4,199High School Grad 886Some College 785Associates 209Bachelors 761Masters 353Prof. Degree 109Doctorate 29

3-mile31,2867,6876,4351,6637,2092,552

697504

5-mile87,54417,60819,5935,006

23,2956,9061,846

944

Education

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

1-Mile 5 231 165 490 302 551 248 42 542 704 169 67 270

3-Mile 108 1,077 1,541 3,799 1,721 3,901 1,829 477 4,413 6,442 1,440 809 2,247

5-Mile 238 3,647 4,770 10,512 4,046 9,667 5,055 1,261 12,180 16,627 5,243 2,072 6,745

Labor & Income

1-MileVacant Ready For Rent 0 %Teen's 64 %Expensive Homes 0 %Mobile Homes 284 %New Homes 463 %New Households 132 %Military Households 0 %Households with 4+ Cars 34 %Public Transportation Users 22 %Young Wealthy Households 261 %

3-mile26 %48 %

0 %63 %

137 %43 %

7 %44 %17 %39 %

5-mile74 %91 %19 %73 %

222 %90 %11 %77 %37 %59 %

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 HomeService 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

0 2,000 4,000 6,000 8,000

Office Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 9: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

1-Mile %Total Expenditures 150,912,405Average annual household 65,869Food 8,424 12.79 %Food at home 4,931Cereals and bakery products 693Cereals and cereal products 241Bakery products 452Meats poultry fish and eggs 1,003Beef 247Pork 174Poultry 190Fish and seafood 172Eggs 70Dairy products 527Fruits and vegetables 981Fresh fruits 151Processed vegetables 171Sugar and other sweets 177Fats and oils 148Miscellaneous foods 919Nonalcoholic beverages 407Food away from home 3,493Alcoholic beverages 563Housing 22,487 34.14 %Shelter 13,966Owned dwellings 9,367Mortgage interest and charges 5,034Property taxes 2,967Maintenance repairs 1,366Rented dwellings 3,133Other lodging 1,467Utilities fuels 4,619Natural gas 515Electricity 1,746Fuel oil 198Telephone services 1,446Water and other public services 714Household operations 1,683 2.56 %Personal services 574Other household expenses 1,108Housekeeping supplies 811Laundry and cleaning supplies 190Other household products 473Postage and stationery 148Household furnishings 1,408Household textiles 123Furniture 193Floor coverings -3Major appliances 161Small appliances 137Miscellaneous 799Apparel and services 1,927 2.93 %Men and boys 459Men 16 and over 377Boys 2 to 15 81Women and girls 777

5-Mile %2,783,947,313

59,6167,668 12.86 %4,588

64222242093223016517415666

485909139161167138858387

3,079503

20,504 34.39 %12,6128,3554,4782,6381,2383,0441,2134,379

4781,672

1821,374

6731,496 2.51 %

504990738178430129

1,277107167

2150120731

1,781 2.99 %41133971

688

3-Mile %978,387,132

56,9657,371 12.94 %4,462

62521640890622316216815065

470882135158163135837380

2,908474

19,737 34.65 %12,0987,9344,2522,4951,1863,0691,0954,295

4651,647

1751,350

6561,414 2.48 %

475938706174409122

1,221100159

4146112699

1,706 2.99 %39032266

651

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

Richard StallingsOffice Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 10: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

Women 16 and over 680Girls 2 to 15 97Children under 2 111

1-Mile %Total Expenditures 150,912,405Average annual household 65,869Transportation 8,025 12.18 %Vehicle purchases 1,390Cars and trucks new 186Cars and trucks used 1,171Gasoline and motor oil 2,566Other vehicle expenses 3,217Vehicle finance charges 262Maintenance and repairs 1,127Vehicle insurance 1,283Vehicle rental leases 538Public transportation 852Health care 4,583 6.96 %Health insurance 2,658Medical services 1,008Drugs 491Medical supplies 162Entertainment 3,805 5.78 %Fees and admissions 1,016Television radios 1,178Pets toys 1,242Personal care products 866Reading 103Education 2,297Tobacco products 368Miscellaneous 1,158 1.76 %Cash contributions 1,981Personal insurance 9,546Life and other personal insurance 312Pensions and Social Security 9,233

59295

102

5559599

3-Mile %978,387,132

56,9657,316 12.84 %1,353

2181,0912,3892,921

241985

1,226452653

4,186 7.35 %2,449

903456141

3,328 5.84 %790

1,1111,104

74686

1,674369953 1.67 %

1,6867,563

2697,293

5-Mile %2,783,947,313

59,6167,549 12.66 %1,383

2191,1232,4363,017

2481,0261,248

477712

4,301 7.21 %2,510

935466147

3,470 5.82 %858

1,1311,150

78291

1,873366

1,010 1.69 %1,7718,181

2867,894

Estimated Households Housing Occupied By Housing OccumpancyDistance Year Projection 2000 Change 1 Person Family Owner Renter Vacant1-Mile 2015 5,161 4,197 22.97 % 691 4,296 4,354 807 -66

3-Mile 2015 34,617 29,664 11.57 % 5,534 27,699 28,460 6,157 1,538

5-Mile 2015 57,017 50,545 8.36 % 9,524 45,260 46,262 10,755 5,425

1-Mile 2020 5,348 4,197 27.42 % 716 4,452 4,686 662 433

3-Mile 2020 36,080 29,664 16.34 % 5,771 28,867 30,568 5,512 4,788

5-Mile 2020 59,580 50,545 13.30 % 9,970 47,267 49,417 10,163 10,607

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

Richard StallingsOffice Space – Spring, TX OFFICE FOR LEASE

20008 Champion Forest Dr, Spring, TX 77379

Weobtainedtheinformationabovefromsourceswebelievetobereliable.However,wehavenotverifieditsaccuracyandmakenoguarantee,warrantyorrepresentationaboutit. Itissubmittedsubjecttothepossibilityoferrors,omissions,changeofprice,rentalorotherconditions,priorsale,leaseorfinancing, orwithdrawalwithout notice. We include projections, opinions, assumptions or estimates for example only, and theymay not representcurrentorfutureperformanceoftheproperty.Youandyourtaxandlegaladvisorsshouldconductyourowninvestigationofthepropertyandtransaction.

RICKSTALLINGSTEAM713.503.0808/281.203.91949303NewTrails,Suite300TheWoodlands,TX77381

BERKSHIREHATHAWAY

HomeServicesAnderson Properties

COMMERCIAL DIVISION

Page 11: OFFICE FOR LEASE HATHAWAY Office Space – Spring, TX ...€¦ · 20008 Champion Forest Dr, Spring, TX 77379 We obtained the information above from sources we believe to be reliable

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