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Page 1: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator
Page 2: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

PARKVIEW PLAZA |OFFICE BUILDING FOR LEASE

LOCATION MAPS

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e value of this transaction to you depends on tax and other factors which should be evaluated by your tax,financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

2

Page 3: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

PARKVIEW PLAZA |OFFICE BUILDING FOR LEASE

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e value of this transaction to you depends on tax and other factors which should be evaluated by your tax,financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

3

Page 4: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

PARKVIEW PLAZA |OFFICE BUILDING FOR LEASE

SITE PLAN

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e value of this transaction to you depends on tax and other factors which should be evaluated by your tax,financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

4

Page 5: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, wehave not verified it and make no guarantee, warranty, or representation about it. It is your responsibility toindependently confirm its accuracy and completeness. Any presentation of size, quality, or quantity of any of thephysical characteristics of the property should be verified by you or your advisors. Any projections, opinions,assumptions, or estimates used are for example only and do not represent the current or future performance of theproperty. e value of this transaction to you depends on tax and other factors which should be evaluated by your tax,financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of theproperty to determine to your satisfaction the suitability of the property for your needs.

LEGACY COMMERCIAL REAL ESTATE

www.legacycommercialre.com2021 W State Hwy 46, Suite 101, New Braunfels, TX 78132 | 830.625.6400

5

PARKVIEW PLAZA |OFFICE BUILDING FOR LEASE

FLOOR PLAN

Page 6: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

New

Braunfels, Texas

2016 DEMOGRAPHIC PROFILE

New Braunfels Econom

ic Development Council (NBEDC) is a non-profit um

brella

organization that serves as the public/private partnership involving the City of

New Braunfels via the Type 4B Board (NBIDC), Greater New

Braunfels Economic

Development Foundation (GNBEDF), Com

al County, New Braunfels Utilities

(NBU), and The Greater New Braunfels Cham

ber of Comm

erce (GNBCC). Our role

is to provide a confidential, single point of contact, and offer corporate support for

businesses looking to create new jobs in the area; either by relocating new

business

or helping existing ones expand. Visit NewBraunfelsEDC.com

to learn more about the

services and incentives we offer.

OUR SERVICES•

Regional demographic and socioeconom

ic data

• Site selection inform

ation through our GIS-driven New Braunfels Prospector program

• Introductions/testim

onials with industry professionals

• Coordination of labor m

arket analysis

• Arrangem

ent of comm

unity briefings and custom tours of New

Braunfels

• Introduction to com

munity partners

• Preparation of a custom

ized package of Local/State incentives

• Assistance w

ith specialized market research needs

• Follow

-through with the developm

ent process

• Perm

it expediting through city departments

NBEDC PARTNERS M

ICHAEL MEEK

Cham

ber President

RUSTY BROCKMAN

Econom

ic Developm

ent Director

STUART HANSMANN

N

BID

C B

oard President

JEFF JEWELL

City Econom

ic Developm

ent Manager

PAULA DIFONZO

GN

BED

F Chairm

an

HOLLY COVINGTON

Research and M

arketing Coordinator

390 S. Seguin Ave. • New Braunfels, TX 78130 • 866.927.0905 • info@

businessinnewbraunfels.com

• NewBraunfelsEDC.com

Page 7: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

Centered between Austin and San Antonio Each year, m

ore than three million visitors com

e to New

Braunfels to explore the

shopping and recreational activities steeped in Germ

an and Hispanic culture and

heritage. The city’s strategic location has created opportunities for growth in the

global market and an ability to satisfy the needs of the international shopper.

Located almost equal distance betw

een the Alam

o (San A

ntonio) and the State C

apitol (A

ustin), New

Braunfels has easy access to m

ajor highways w

ith IH-35 (a m

ajor NA

FTA artery)

running through the city’s center, and IH-10 only 10 m

inutes east. New

Braunfels’ strategic

location is 15 minutes from

a new C

aterpillar manufacturing plant, 45 m

inutes from a Toyota

manufacturing plant and only a three-hour drive to trade gatew

ays into Mexico, C

entral and S

outh Am

erica. Additionally, N

ew B

raunfels is close to nearby air, rail and bus services.

HIGHWAYS SERVING AREA

Located on Interstate 35 (north-south system)

and nine miles from

Interstate 10 (east-west system

)—connected by S

tate Highw

ay 46. Loop 337 circles the city, connecting IH

-35 north and south. A

proposed SH

-130 connector is being assessed by local officials to accom

modate future traffic congestion from

San A

ntonio to Austin.

BUS Greyhound/Trailw

ays – seven northbound and six southbound daily

MOTOR FREIGHT CARRIERS

Central, C

onsolidated and Roadw

ay Express serve the city. S

outheastern has a local terminal. FedEx has a large

terminal servicing the N

ew B

raunfels and Com

al County area.

RAILROADS U

nion Pacific —

36 daily freight trains (18 northbound and 18 southbound) w

ith a local switch

AIR SERVICE Non-com

mercial jet service is available at N

ew B

raunfels R

egional Airport. C

omm

ercial service is available at San A

ntonio International A

irport, only a 25-minute drive, served by m

ost major carriers (11). A

ustin-Bergstrom

International A

irport is 45 minutes north and is served by 16 m

ajor carriers.

DISTANCE TO M

AJOR CITIES

New

Braunfels is w

ithin a four-hour drive of over 12 m

illion people.

San A

ntonio30

Austin

45

Houston

178

Corpus C

hristi176

Laredo196

Dallas

245

Monterrey

431

Mexico C

ity781

Los Angeles

1383

New

York1786

TRAFFIC COUNTSTraffic Intersection

# of Cars

IH-35N

99,427

IH-35 & H

wy 46

122,719

Hw

y 46E & FM 1101

34,164

Hw

y 46W & Loop 337

27,177

IH-35S

& Walnut

118,766

Hw

y 46W & FM

272217,607

Hw

y 46E & FM 758

26,566

NEW BRAUNFELS REGIONAL AIRPORT

The extension of FM 306 near a new

retail development,

Town C

enter at Creekside, has paved the w

ay for easier access to the N

ew B

raunfels Regional A

irport (B

AZ). The A

irport Master P

lan gives a targeted direction to increase airport traffic and business developm

ent. C

omplete w

ith $25 million in im

provements in t-hangars,

runways, drainage, signage, an A

ir Traffic Control

Tower and a 5,000 sq. ft. term

inal building, the New

B

raunfels Regional A

irport continues to provide a safe and efficient portal w

ith upscale, quality service.

Runway 17/35 is 5,364 x 100 ft. W

eight Limitations - Single wheel: 35,000 lbs

Runway 13/31 is 6,250 x 100 ft. W

eight Limitations - Single wheel: 60,000 lbs

Opportunities don’t just grow here.

Com

munities like N

ew B

raunfels are unique. Refined by old-w

orld Germ

an and Hispanic heritage

and complem

ented by an affordable and unmatched quality of life, it’s no w

onder we now

rank as

the second fastest-growing com

munity in the U

nited States. N

ew B

raunfels also boasts exceptional

transportation networks, m

ultiple universities within a 30-m

inute drive, and a pro-business leadership,

tax and regulatory environment. N

ew com

panies such as CB

E, NEXU

S, Tenet H

ealthcare and

CG

T have already realized the advantages of a growing, w

ell-trained, 500,000-person-strong

workforce. These recent expansions and relocations have further strengthened our industry bases

in manufacturing, healthcare, logistics and distribution, and aviation businesses. P

lus, with over

300 days of sunshine a year and 550+ acres of outdoor water recreation, including S

chlitterbahn

(Am

erica’s #1 waterpark), N

ew B

raunfels is the premier destination for w

ork – and play – year round.

NEW BRAUNFELS AUSTIN

CORPUSCHRISTI

DALLASFORT W

ORTH

AMARILLO

HOUSTON

SAN ANTONIO

EL PASO

LUBBOCK

23

new

braunfels

strategic location

Page 8: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

Growing Population 2015 POPULATION: CITY: 70,543 | COUNTY: 129,048

Ranked as the fifth fastest-grow

ing county and second fastest-growing city in the nation,

Com

al County and N

ew B

raunfels are experiencing an unprecedented growth rate – grow

ing at an average of 4-5%

per year; a 58% increase in the last decade. The city’s population

surpassed 70,000 in 2015 and is projected to reach 85,000 by 2021. Founded in 1845 by G

erman settlers, N

ew B

raunfels’ population includes many G

erman and H

ispanic descendants.

The Median age for N

ew B

raunfels is 37; Average Fam

ily Size is 3.18.

Skilled, Reliable WorkforceThe center of a w

ell-trained available workforce, N

ew B

raunfels touts a strong work ethic am

ong its population. The diverse industry sector em

ploys workers in a variety of professions including: aerospace, autom

otive, construction, engineering, finance, healthcare and manufacturing.

In the last nine years, the workforce has increased 44%

and new prim

ary jobs doubled since 2003, averaging 982 primary jobs per year.

POPULATION BY GENDER

Tri-county (Com

al, Guadalupe and H

ays) A

verage Weekly W

age is $17.50/hr S

ource: Texas LMC

I Tracer, 2016

Source: N

BED

C

Source: TW

C M

ay 2016

$21$20$19$18$17$16$15$14$13$12$11$10

Average Hourly Wage Rate

2015 2nd QTR$18.12/hour

2015 3rd QTR$18.88/hour

2015 4th QTR$21.60/hour

COMAL COUNTY W

AGE RATES

500

,000+

WORKFORCE W

ITHIN A 30-M

INUTE COMM

UTE

AVAILABLE WORKFORCE

Com

al County

New

Braunfels

CLF

61,90534,172

Employed

59,81333,275

Unem

ployed2,092

897

Rate

3.4%2.6%

Texas Unem

ployment R

ate 4.2%

COMM

UTE TO WORK

Car, Truck, or Van – D

rove Alone

79.6%

Car, Truck, or Van – C

arpooled12.6%

Walked

0.8%

Other M

eans1.5%

Worked at H

ome

5.3%

Mean Travel Tim

e to Work (m

inutes) 24.4

Source: C

ensus.gov, 2010-2014 AC

S

MAJOR EM

PLOYERS S

ource: NB

EDC

Employer - P

roduct or Service

Employees

Com

al ISD

School D

istrict 2,588

Schlitterbahn W

aterpark 1,689

Wal-M

art Distribution C

enter1,218

New

Braunfels IS

D1,040

Sysco

864

IBEX C

orporation750

Hunter Industries, Ltd.

705

Com

al County

683

Resolute H

ealth593

City of N

ew B

raunfels550

HD

Supply Facilities M

aintenance516

Christus S

anta Rosa - N

ew B

raunfels460

GE O

il & Gas

400

Buc-ees

342

Rush Enterprises, Inc.

330

Source: A

GS

2016S

ource: NB

EDC

COMAL COUNTY HOUSING UNITS

Source: C

ensus.gov, 2010-2014 AC

S

0

10,000

20,000

30,000

40,000

50,000

201047,300

200946,107

200844,397

200742,285

200642,285

200540,240

200438,513

200336,880

200234,472

60,000

201147,916

201247,741

201349,684

201451,426

201553,248

MALE

35,62448.37%

FEMALE

38,03051.6%

ASIAN 1.34%M

ULTIRACIAL 2.47%BLACK OR AFRICAN AM

ERICAN 2.71%OTHER 7.78%HISPANIC 36.23%ANGLO 50.53%

POPULATION BY AGEUnder 5 5,118

(6.95%)

5 – 9 5,057

(6.87%)

10 – 19 10,104

(13.72%)

20 – 29 10,266

(13.94%)

30 – 39 10,107

(13.72%)

40 – 49 8,869

(12.04%)

50 – 59 8,332

(11.31%)

60 – 64 3,840

(5.21%)

65+ 11,966

(16.25%)

POPULATION BY RACE-ETHNICITY

POPULATION BY EDUCATIONAL ATTAINM

ENT

LESS THAN 9TH GRADE 6.9%

GRADES 9-12 5.2%

HIGH SCHOOL DIPLOMA

25.5%

ASSOCIATE’S DEGREE 7.9%

BACHELOR’S DEGREE 20.4%

45

demograph

icstalen

t

Page 9: PARKVIEW PLAZA |OFFICE BUILDING FOR LEASEimages1.loopnet.com/d2/ssUW6ci1rBZqobigtF3kdn4WOef_xjOKHQFLK… · Coordination of labor market analysis ... Research and Marketing Coordinator

PER CAPITA AND HOUSEHOLD INCOME

NEW BRAUNFELS 2015

COMAL CO. 2015

HAYS CO. 2015GUADALUPE CO. 2015

NB % CHANGE

FROM 2000

Median H

ousehold Income

$61,330$67,363

$58,870$64,343

+47%

Per C

apita Income

$27,860$32,788

$28,094$27,371

+41%

Total Households

24,21145,752

67,34650,864

+74%

Median Fam

ily Income

$70,813$81,296

$78,580$72,980

+47%

% B

elow P

overty Level9.7%

7.5%14.9%

10.8%-0.7%

Source: C

ensus.gov, 2015 AC

S 1-year survey

Source: C

omal A

ppraisal District, Four R

ivers Association of R

ealtors

67

quality of placeeducation

Making Room for Future Generations

New

Braunfels and C

omal C

ounty have two school districts: N

ew B

raunfels ISD (N

BISD

) and Com

al ISD (C

ISD). N

ew B

raunfels ISD is prim

arily w

ithin the city limits w

hile Com

al ISD spans 589 m

iles of Central Texas and includes parts of five C

entral Texas counties: Com

al, Bexar, H

ays, K

endall, and Guadalupe. Em

ploying more than 930 w

orkers, NB

ISD encom

passes 13 campuses. C

ISD is one of Texas’ fastest-grow

ing districts, w

ith 28 schools, and gains between 800 new

students a year. Both school districts are Academ

ically Acceptable by TEA ratings.

Higher Education has also grow

n in New

Braunfels. In 2012, H

oward P

ayne University announced plans to build a university

campus in the planned Veram

endi development, and are currently offering M

BA

classes to the comm

unity. The New

Braunfels

Mayor’s H

igher Education Task Force continues to develop a plan for higher education offerings in New

Braunfels and C

omal

County. B

y working closely w

ith Alam

o Colleges/C

TTC, H

oward P

ayne University, Texas Lutheran U

niversity, and Wayland

Baptist U

niversity, they aim to provide current and future diverse curriculum

to meet the needs of our com

munity.

PRIVATE, PAROCHIAL AND SPECIAL SCHOOLS IN NEW

BRAUNFELS C

alvary Baptist A

cademy

Cross Lutheran S

chool N

ew B

raunfels Christian A

cademy

St. John P

aul II Catholic H

igh School

Sts. P

eter & Paul C

atholic School

NEARBY COLLEGES/UNIVERSITIES H

oward P

ayne University

Texas Lutheran University in S

eguin, 13 miles east

Texas State U

niversity in San M

arcos, 16 miles north

Wayland B

aptist University

COLLEGES AND UNIVERSITIES IN SAN ANTONIO* (36 M

iles south of New

Braunfels)

Our Lady of the Lake U

niversity S

an Antonio C

ollege S

t. Mary’s U

niversity The U

niversity of Texas at San A

ntonio Trinity U

niversity U

niversity of the Incarnate Word

*This list does not include all campuses in the S

an Antonio area.

PROPERTY TAX COMPARISON PER $100 VALUATION

CENTRAL TEXAS TECHNOLOGY CENTER (CTTC) Located in N

ew B

raunfels, The Central Texas Technology C

enter (CTTC

) provides higher education opportunities and serves as a regional w

orkforce development cam

pus for New

Braunfels, Seguin

and the surrounding areas. The Center offers a w

ide range of academic, technical, and continuing

education programs, and includes associate degrees from

The Alamo C

olleges. Students can com

plete licensing and certification requirements in m

any trade programs through specialized curriculum

. Funded originally by a 2002 EDA

grant and local developm

ent boards, the CTTC

recently acquired a new $1.25 m

illion EDA grant in 2014, voter-approved $4 m

illion from the

2013 New

Braunfels B

ond Program, and local funds from

New

Braunfels and Seguin ED

Cs. The approved m

oney was used to fund a 30,000

sq. ft. expansion of the CTTC

, doubling its current footprint to add capacity for additional students and opened for classes in September 2016.

Affordable Cost of Living, Unique Quality of LifeA

n affordable cost of living is enhanced by low city, county and school district taxes to create a

composite cost of living score 15%

below the national average. A

verage home prices are 30%

low

er than the national average. New

Braunfels is considered a great place to live, w

ork and play.

MEDIAN HOM

E PRICE: $235,000

HOUSING# R

enter-occupied units7,626

Median cost (dollars)

$988

Source: C

ensus 2010-2014 AC

S

MEDIAN COST

& MORTGAGE RATES

# Housing units w

ith a mortgage

14,201

Median cost (dollars)

$1,371

Source: C

ensus 2010-2014 AC

S

PROPERTY TAX RATESA

d Valorem Taxes by Taxing A

uthority R

ate per $100 Valuation on 100% of

Current M

arket Value

City of N

ew B

raunfels $0.498230

Com

al County

$0.342921

Com

al ISD

$1.39

New

Braunfels IS

D

$1.33910

State of Texas

$0.00

Total tax rate if in CIS

D

$2.23

Total tax rate if in NB

ISD

$2.151651

Sales tax: (6.25%

state,

1.5% city, .5%

county)8.25%

NO

PE

RS

ON

AL O

R C

OR

PO

RA

TE IN

CO

ME

TAX

IN TE

XA

S

SEP

T. 2015EN

RO

LLMEN

T S

TUD

ENT / TEA

CH

ERR

ATIO

MA

Y 2015G

RA

DU

ATES

ATTEND

ANC

E RATE

(TX Avg 95.5%

)

New

Braunfels IS

D8,441

1/17.2662

96%

Com

al ISD

20,264

1/16.71,400

95.9%$50

,000$100

,000$150

,000$200

,000

Tri-County Area $204,404

City of New Braunfels $181,110

New Braunfels ISD $196,520

MEDIAN HOM

E VALUE

Seguin ISD $1.41

$0.00$0.50

$1.00$1.50

$2.00

Schertz ISD $1.49

Pflugerville ISD $1.54

NEISD (San Antonio) $1.41

NBISD $1.33

COMAL ISD $1.39

Hays/Buda ISD $1.53

Bastrop ISD $1.44

UTILITIESELECTRICITY S

upplier: M

ultiple ERC

OT S

ources D

istributor: N

BU

A

vg Monthly B

ill: R

esidential: $10.19/1,300 kw

h

WATER/W

ASTEWATER

Supplier:

Wells, S

urface Water/

Aquifer

Distributor:

NB

U

Avg. M

onthly Bill:

Residential:

$16.24/8,484 gallons C

omm

ercial: $58.24/28,725 gallons

NATURAL GAS S

upplier: Enterprise P

roducts P

artners D

istributor/Source: C

enterPoint Energy A

vg. Monthly B

ill: R

esidential: $21.21; C

omm

ercial: contracts available

Source: July 2016, Four R

ivers Association R

ealty

LESS THAN $199K28.05%

$500K+1.83%

$200-499K70.12%

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� � � �

11-2-2015

Information About Brokerage Services Texas law requires all real estate license holders to give the following informaƟon about

brokerage services to prospecƟve buyers, tenants, sellers and landlords.

TYPES OF REAL ESTATE LICENSE HOLDERS: .• A BROKER is responsible for all brokerage acƟviƟes, 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 informaƟon about the property or transacƟon received by the broker; • Answer the client’s quesƟons and present any oīer to or counter-oīer from the client; and • Treat all parƟes to a real estate transacƟon 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 wriƩen lisƟng to sell or property management agreement. An owner's agent must perform the broker’s minimum duƟes above and must inform the owner of any material informaƟon about the property or transacƟon known by the agent, including informaƟon 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 wriƩen representaƟon agreement. A buyer's agent must perform the broker’s minimum duƟes above and must inform the buyer of any material informaƟon about the property or transacƟon known by the agent, including informaƟon disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parƟes the broker must first obtain the wriƩen agreement of each party to the transacƟon. The wriƩen agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligaƟons as an intermediary. A broker who acts as an intermediary:

• Must treat all parƟes to the transacƟon imparƟally and fairly; • May, with the parƟes' wriƩen consent, appoint a diīerent license holder associated with the broker to each party (owner and

buyer) to communicate with, provide opinions and advice to, and carry out the instrucƟons of each party to the transacƟon. • Must not, unless specifically authorized in wriƟng to do so by the party, disclose:

େ that the owner will accept a price less than the wriƩen asking price; େ that the buyer/tenant will pay a price greater than the price submiƩed in a wriƩen oīer; and େ any confidenƟal informaƟon or any other informaƟon that a party specifically instructs the broker in wriƟng 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 transacƟon 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 duƟes and responsibiliƟes to you, and your obligaƟons under the representaƟon 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 noƟce is being provided for informaƟon purposes. It does not create an obligaƟon for you to use the broker’s services. Please acknowledge receipt of this noƟce below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name

License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate

License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Regulated by the Texas Real Estate Commission

Buyer/Tenant/Seller/Landlord Initials

InformaƟon available at www.trec.texas.gov IABS 1-0

Date

Legacy Commercial Real Estate 593525 [email protected] 830-625-6400

Mike Ybarra 376986 [email protected] 830-625-6400

Cory Elrod 565826 [email protected] 830-625-6400