An Approach to Securing Freshwater Inflows for Galveston Bay
Offering Memorandum€¦ · Spring Humble Rosenberg Wharton West Columbia Hampstead Pearland...
12
LAGOS RETAIL GROUP Offering Memorandum 25112 MARKET PLACE DRIVE, KATY, TX 77494
Transcript of Offering Memorandum€¦ · Spring Humble Rosenberg Wharton West Columbia Hampstead Pearland...
LAGOS RETAIL GROUP
O f f e r i n g M e m o r a n d u m
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
P R O P E R T Y O V E R V I E W | 2
2880 Square Foot Quick Service Restaurant with Drive Through Situated on Large 78 Acre Lot
Turnkey Opportunity Furniture Fixtures and Equipment Included (See Page 4)
Shadow Anchored by Walmart Supercenter
A Quarter Mile from Interstate 10 Katy Mills Mall and Typhoon Texas Waterpark
Dense Retail Corridor Property Surrounded By Walmart Supercenter Taco Bell Jack in the Box
Firestone Subway Pizza Hut Starbucks Wingstop Shipley Do-Nuts Chuck E Cheese
Eleven Hotels Within Approximately One Mile
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
A E R I A L | 3
L I S T | 4
Item Description Qty Fair Crnt Value Total Value
1 Blodgett Oven 1 $2500 $250000
2 Henny Penny Heated Holding Cabinet 1 $7000 $700000
3 Henny Penny Heated Holding Cabinet Half 2 $3500 $700000
4 Prince Castle Hot Tray 4 Compartment 1 $1500 $150000
5 Hot amp Cold Holding Table wFries Compartment 1 $5000 $500000
6 Bread Holding amp Warming Cabinet 1 $1500 $150000
7 Amana Commercial Microwave 2 $1400 $280000
8 Amana Bread Heating Microwave 2 $750 $150000
9 Henny Penny Heating Holding Cabinet (Older Model) 1 $2000 $200000
10 Hamburger Meat Freezer 1 $1000 $100000
11 Taylor Hot Table (Hamburger Meat Cooking Flat Surface) 1 $2500 $250000
12 Pitco Fryer (GAS) 1 $3000 $300000
13 Under Table Freezers 2 $1000 $200000
14 NKL Intellisafe Safe 1 $2000 $200000
15 Porlick Glass Chiller 1 $3500 $350000
16 PAR Cashregister w Power Point Software (3) Drawers 4 $3500 $1400000
17 Back Office Computer 1 $2500 $250000
18 Lexmark Printer 1 $350 $35000
19 Overhead Screen (4) 4 $100 $40000
20 Pitco Double Fryer 1 $5000 $500000
21 Crosley Juke Box 1 $500 $50000
22 Pitco Deep Fryer 1 $6000 $600000
23 Henny Penny Pressure Fryers 2 $5500 $1100000
24 Blodgett Oven Chicken Grill 1 $4500 $450000
25 Duke Hot Meat Holder (5) Holders 1 $1500 $150000
26 Hobart Heavy Duty Mixer 1 $3000 $300000
27 Root Beer Mixer 1 $1500 $150000
28 Bunn Hot Water Heater 2 $500 $100000
29 Open Dish Washer 1 $4000 $400000
30 Overhead Exhaust (1 Large) (2 Small) Built In 3 000
31 King Arthur Flour Mixer Double Compartment 1 $3000 $300000
32 Stoelting Ice Cream Machine 1 $4500 $450000
33 Hamilton Beach Mixer 1 $150 $15000
34 Manitowoc Ice Machine 2 $3000 $600000
35 HME Wireless DT Order Taker (4) Headsets 1 $3000 $300000
Total $11670000
Fu
rn
itu
re
F
ixtu
re
s
an
d E
qu
ipm
en
t L
ist
KATY R
ESTA
URA
NT E
QU
IPM
ENT
INV
ENTO
RY
AP
RIL
20
20
No
te
Thes
e P
rice
s A
re D
isco
un
ted
As
Bei
ng
Use
d
Pic
ture
s A
vaila
ble
Up
on
Req
ues
t
Site
Independent Bank
MOBILE INNOVATIONS
Market Place Drive
Katy Fort Bend Road
Katy Mills
Blv
Katy Mills Mall
A E R I A L | 5
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
P R O P E R T Y O V E R V I E W | 2
2880 Square Foot Quick Service Restaurant with Drive Through Situated on Large 78 Acre Lot
Turnkey Opportunity Furniture Fixtures and Equipment Included (See Page 4)
Shadow Anchored by Walmart Supercenter
A Quarter Mile from Interstate 10 Katy Mills Mall and Typhoon Texas Waterpark
Dense Retail Corridor Property Surrounded By Walmart Supercenter Taco Bell Jack in the Box
Firestone Subway Pizza Hut Starbucks Wingstop Shipley Do-Nuts Chuck E Cheese
Eleven Hotels Within Approximately One Mile
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
A E R I A L | 3
L I S T | 4
Item Description Qty Fair Crnt Value Total Value
1 Blodgett Oven 1 $2500 $250000
2 Henny Penny Heated Holding Cabinet 1 $7000 $700000
3 Henny Penny Heated Holding Cabinet Half 2 $3500 $700000
4 Prince Castle Hot Tray 4 Compartment 1 $1500 $150000
5 Hot amp Cold Holding Table wFries Compartment 1 $5000 $500000
6 Bread Holding amp Warming Cabinet 1 $1500 $150000
7 Amana Commercial Microwave 2 $1400 $280000
8 Amana Bread Heating Microwave 2 $750 $150000
9 Henny Penny Heating Holding Cabinet (Older Model) 1 $2000 $200000
10 Hamburger Meat Freezer 1 $1000 $100000
11 Taylor Hot Table (Hamburger Meat Cooking Flat Surface) 1 $2500 $250000
12 Pitco Fryer (GAS) 1 $3000 $300000
13 Under Table Freezers 2 $1000 $200000
14 NKL Intellisafe Safe 1 $2000 $200000
15 Porlick Glass Chiller 1 $3500 $350000
16 PAR Cashregister w Power Point Software (3) Drawers 4 $3500 $1400000
17 Back Office Computer 1 $2500 $250000
18 Lexmark Printer 1 $350 $35000
19 Overhead Screen (4) 4 $100 $40000
20 Pitco Double Fryer 1 $5000 $500000
21 Crosley Juke Box 1 $500 $50000
22 Pitco Deep Fryer 1 $6000 $600000
23 Henny Penny Pressure Fryers 2 $5500 $1100000
24 Blodgett Oven Chicken Grill 1 $4500 $450000
25 Duke Hot Meat Holder (5) Holders 1 $1500 $150000
26 Hobart Heavy Duty Mixer 1 $3000 $300000
27 Root Beer Mixer 1 $1500 $150000
28 Bunn Hot Water Heater 2 $500 $100000
29 Open Dish Washer 1 $4000 $400000
30 Overhead Exhaust (1 Large) (2 Small) Built In 3 000
31 King Arthur Flour Mixer Double Compartment 1 $3000 $300000
32 Stoelting Ice Cream Machine 1 $4500 $450000
33 Hamilton Beach Mixer 1 $150 $15000
34 Manitowoc Ice Machine 2 $3000 $600000
35 HME Wireless DT Order Taker (4) Headsets 1 $3000 $300000
Total $11670000
Fu
rn
itu
re
F
ixtu
re
s
an
d E
qu
ipm
en
t L
ist
KATY R
ESTA
URA
NT E
QU
IPM
ENT
INV
ENTO
RY
AP
RIL
20
20
No
te
Thes
e P
rice
s A
re D
isco
un
ted
As
Bei
ng
Use
d
Pic
ture
s A
vaila
ble
Up
on
Req
ues
t
Site
Independent Bank
MOBILE INNOVATIONS
Market Place Drive
Katy Fort Bend Road
Katy Mills
Blv
Katy Mills Mall
A E R I A L | 5
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
2880 Square Foot Quick Service Restaurant with Drive Through Situated on Large 78 Acre Lot
Turnkey Opportunity Furniture Fixtures and Equipment Included (See Page 4)
Shadow Anchored by Walmart Supercenter
A Quarter Mile from Interstate 10 Katy Mills Mall and Typhoon Texas Waterpark
Dense Retail Corridor Property Surrounded By Walmart Supercenter Taco Bell Jack in the Box
Firestone Subway Pizza Hut Starbucks Wingstop Shipley Do-Nuts Chuck E Cheese
Eleven Hotels Within Approximately One Mile
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
A E R I A L | 3
L I S T | 4
Item Description Qty Fair Crnt Value Total Value
1 Blodgett Oven 1 $2500 $250000
2 Henny Penny Heated Holding Cabinet 1 $7000 $700000
3 Henny Penny Heated Holding Cabinet Half 2 $3500 $700000
4 Prince Castle Hot Tray 4 Compartment 1 $1500 $150000
5 Hot amp Cold Holding Table wFries Compartment 1 $5000 $500000
6 Bread Holding amp Warming Cabinet 1 $1500 $150000
7 Amana Commercial Microwave 2 $1400 $280000
8 Amana Bread Heating Microwave 2 $750 $150000
9 Henny Penny Heating Holding Cabinet (Older Model) 1 $2000 $200000
10 Hamburger Meat Freezer 1 $1000 $100000
11 Taylor Hot Table (Hamburger Meat Cooking Flat Surface) 1 $2500 $250000
12 Pitco Fryer (GAS) 1 $3000 $300000
13 Under Table Freezers 2 $1000 $200000
14 NKL Intellisafe Safe 1 $2000 $200000
15 Porlick Glass Chiller 1 $3500 $350000
16 PAR Cashregister w Power Point Software (3) Drawers 4 $3500 $1400000
17 Back Office Computer 1 $2500 $250000
18 Lexmark Printer 1 $350 $35000
19 Overhead Screen (4) 4 $100 $40000
20 Pitco Double Fryer 1 $5000 $500000
21 Crosley Juke Box 1 $500 $50000
22 Pitco Deep Fryer 1 $6000 $600000
23 Henny Penny Pressure Fryers 2 $5500 $1100000
24 Blodgett Oven Chicken Grill 1 $4500 $450000
25 Duke Hot Meat Holder (5) Holders 1 $1500 $150000
26 Hobart Heavy Duty Mixer 1 $3000 $300000
27 Root Beer Mixer 1 $1500 $150000
28 Bunn Hot Water Heater 2 $500 $100000
29 Open Dish Washer 1 $4000 $400000
30 Overhead Exhaust (1 Large) (2 Small) Built In 3 000
31 King Arthur Flour Mixer Double Compartment 1 $3000 $300000
32 Stoelting Ice Cream Machine 1 $4500 $450000
33 Hamilton Beach Mixer 1 $150 $15000
34 Manitowoc Ice Machine 2 $3000 $600000
35 HME Wireless DT Order Taker (4) Headsets 1 $3000 $300000
Total $11670000
Fu
rn
itu
re
F
ixtu
re
s
an
d E
qu
ipm
en
t L
ist
KATY R
ESTA
URA
NT E
QU
IPM
ENT
INV
ENTO
RY
AP
RIL
20
20
No
te
Thes
e P
rice
s A
re D
isco
un
ted
As
Bei
ng
Use
d
Pic
ture
s A
vaila
ble
Up
on
Req
ues
t
Site
Independent Bank
MOBILE INNOVATIONS
Market Place Drive
Katy Fort Bend Road
Katy Mills
Blv
Katy Mills Mall
A E R I A L | 5
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
L I S T | 4
Item Description Qty Fair Crnt Value Total Value
1 Blodgett Oven 1 $2500 $250000
2 Henny Penny Heated Holding Cabinet 1 $7000 $700000
3 Henny Penny Heated Holding Cabinet Half 2 $3500 $700000
4 Prince Castle Hot Tray 4 Compartment 1 $1500 $150000
5 Hot amp Cold Holding Table wFries Compartment 1 $5000 $500000
6 Bread Holding amp Warming Cabinet 1 $1500 $150000
7 Amana Commercial Microwave 2 $1400 $280000
8 Amana Bread Heating Microwave 2 $750 $150000
9 Henny Penny Heating Holding Cabinet (Older Model) 1 $2000 $200000
10 Hamburger Meat Freezer 1 $1000 $100000
11 Taylor Hot Table (Hamburger Meat Cooking Flat Surface) 1 $2500 $250000
12 Pitco Fryer (GAS) 1 $3000 $300000
13 Under Table Freezers 2 $1000 $200000
14 NKL Intellisafe Safe 1 $2000 $200000
15 Porlick Glass Chiller 1 $3500 $350000
16 PAR Cashregister w Power Point Software (3) Drawers 4 $3500 $1400000
17 Back Office Computer 1 $2500 $250000
18 Lexmark Printer 1 $350 $35000
19 Overhead Screen (4) 4 $100 $40000
20 Pitco Double Fryer 1 $5000 $500000
21 Crosley Juke Box 1 $500 $50000
22 Pitco Deep Fryer 1 $6000 $600000
23 Henny Penny Pressure Fryers 2 $5500 $1100000
24 Blodgett Oven Chicken Grill 1 $4500 $450000
25 Duke Hot Meat Holder (5) Holders 1 $1500 $150000
26 Hobart Heavy Duty Mixer 1 $3000 $300000
27 Root Beer Mixer 1 $1500 $150000
28 Bunn Hot Water Heater 2 $500 $100000
29 Open Dish Washer 1 $4000 $400000
30 Overhead Exhaust (1 Large) (2 Small) Built In 3 000
31 King Arthur Flour Mixer Double Compartment 1 $3000 $300000
32 Stoelting Ice Cream Machine 1 $4500 $450000
33 Hamilton Beach Mixer 1 $150 $15000
34 Manitowoc Ice Machine 2 $3000 $600000
35 HME Wireless DT Order Taker (4) Headsets 1 $3000 $300000
Total $11670000
Fu
rn
itu
re
F
ixtu
re
s
an
d E
qu
ipm
en
t L
ist
KATY R
ESTA
URA
NT E
QU
IPM
ENT
INV
ENTO
RY
AP
RIL
20
20
No
te
Thes
e P
rice
s A
re D
isco
un
ted
As
Bei
ng
Use
d
Pic
ture
s A
vaila
ble
Up
on
Req
ues
t
Site
Independent Bank
MOBILE INNOVATIONS
Market Place Drive
Katy Fort Bend Road
Katy Mills
Blv
Katy Mills Mall
A E R I A L | 5
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
Site
Independent Bank
MOBILE INNOVATIONS
Market Place Drive
Katy Fort Bend Road
Katy Mills
Blv
Katy Mills Mall
A E R I A L | 5
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
The Woodlands
Houston
Sugarland
League City
Katy
Cypress
Baytown
Pasadena
Spring
Humble
Rosenberg
Wharton
West Columbia
Hampstead
Pearland
Tomball
Texas City
Galveston288
145
35
36
60
146
146
Trinity Bay
Galves
ton B
ay
East BayKemah
La Porte
Missouri City
SplendoraMagnolia
Armand Bayou Nature
Center
Bolivar Peninsula
105
124
AVERAGE HH INCOME
$1240515 MILE RADIUS
DEMOGRAPHICS 1 MILE 3 MILE 5 MILE
2019 EST POPULATION 7702 81758 232504
2024 PROJECT POPULATION 8483 90166 258272
2019 EST AVG HH INCOME $94632 $114411 $124051
MEDIAN HOUSING VALUE $204302 $231079 $202003
TOTAL HOUSEHOLDS 2822 27273 76356
TRAFFIC COUNTS
INTERSTATE 10 94723 VPD
BUSINESSES 1 MILE 3 MILE 5 MILE
RETAIL 226 469 954
HOSPITALITY amp FOOD SERVICE 95 222 544
HEALTH CARE amp SOCIAL ASSISTANCE 102 578 1419
FINANCE amp INSURANCE 46 193 506
TOTAL BUSINESSES 752 2857 6894
POPULATION
2322725 MILE RADIUS
D E M O G R A P H I C S
D E M O G R A P H I C S | 6
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
OFFERING PRICE
$1150000
GROSS LEASABLE AREA2880 SF
YEAR BUILT 2006
LAND AREA34060 SF
$39930PRICE PER SF
(Building)
$3376PRICE PER SF
(Land)
HARRIS COUNTY APN1199120030001
ASSESSED VALUE$918168 (2020) $875000 (2019)
PROPERTY TAX$30665 (2020)
ZONING C - 2 Business
DistrictP R I C I N G O V E R V I E W | 7
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
S A L E S C O M P A R A B L E S | 8
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
2
S A L E S C O M P A R A B L E S
F O R M E R G O O D T I M E S B U R G E R S305 Ken Pratt Boulevard Longmont Colorado 80501
F O R M E R C A R L rsquo S J R1680 East Ash Street Globe Arizona 85501
Building Size (GLA) 2304 SF
Lot Size 35719 SF
Sales Price $1100000
Price Per SF (Building) $47743
Price Per SF (Land) $3080
1
Building Size (GLA) 2369 SF
Lot Size 40598 SF
Sales Price $1220000
Price Per SF (Building) $51499
Price Per SF (Land) $3005
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
S A L E S C O M P A R A B L E S | 9
F O R M E R K F C | A amp W25112 Market Place Drive Katy Texas 77494
Building Size (GLA) 2880 SF
Lot Size 34060 SF
Sales Price $1150000
Price Per SF (Building) $39930
Price Per SF (Land) $3376
4
S A L E S C O M P A R A B L E S
F O R M E R C A R L rsquo S J R6431 Garth Road Baytown Texas 77521
F O R M E R C A R L rsquo S J R8940 Spencer HIghway La Porte Texas 77571
Building Size (GLA) 2911 SF
Lot Size 34848 SF
Sales Price $1425000
Price Per SF (Building) $48952
Price Per SF (Land) $4089
3
Building Size (GLA) 2925 SF
Lot Size 26136 SF
Sales Price $1675000
Price Per SF (Building) $57265
Price Per SF (Land) $6409
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
OFFICES THROUGHOUT THE US AND CANADAwwwmarcusmillichapcom
NON-ENDORSEMENT amp DISCLAIMER NOTICE
CONFIDENTIALITY amp DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential It is intended to be reviewed only by the party receiving it from Marcus amp Millichap and
should not be made available to any other person or entity without the written consent of Marcus amp Millichap This Marketing Brochure has been prepared to provide summary unverified infor-
mation 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 Marcus amp Millichap 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 PCBrsquos or asbestos the
compliance with State and Federal regulations the physical condition of the improvements thereon or the financial condition or business prospects of any tenant or any tenantrsquos plans or
intentions to continue its occupancy of the subject property The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable however Marcus amp
Millichap has not verified and will not verify any of the information contained herein nor has Marcus amp Millichap 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
Marcus amp Millichap is a service mark of Marcus amp Millichap Real Estate Investment Services Inc
copy 2020 Marcus amp Millichap All rights reserved
NON-ENDORSEMENT NOTICEMarcus amp Millichap is not affiliated with sponsored by or endorsed by any commercial tenant or lessee identified in this
marketing package The presence of any corporationrsquos logo or name is not intended to indicate or imply affiliation with or sponsorship or endorsement by said corporation of Marcus amp Millichap
its affiliates or subsidiaries or any agent product service or commercial listing of Marcus amp Millichap and is solely included for the purpose of providing tenant lessee
information about this listing to prospective customers Activity ID ZAB0040184
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY
PLEASE CONSULT YOUR MARCUS amp MILLICHAP AGENT FOR MORE DETAILS
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate license holders to give the following information about brokerage services to prospective buyers tenants sellers and landlords
TYPES OF REAL ESTATE LICENSE HOLDERSbull A BROKER is responsible for all brokerage activities including acts performed by sales agents sponsored by the brokerbull A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker
A BROKERrsquoS MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents)bull Put the interests of the client above all others including the brokerrsquos own interestsbull Inform the client of any material information about the property or transaction received by the brokerbull Answer the clientrsquos questions and present any offer to or counter-offer from the client andbull 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 (SELLERLANDLORD) The broker becomes the property owners agent through an agreement with the owner usually in a written listing to sell or propertymanagement agreement An owners agent must perform the brokerrsquos minimum duties above and must inform the owner of any material information about the property or transactionknown by the agent including information disclosed to the agent or subagent by the buyer or buyerrsquos agent
AS AGENT FOR BUYERTENANT The broker becomes the buyertenants agent by agreeing to represent the buyer usually through a written representation agreement A buyers agentmust perform the brokerrsquos minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent including informationdisclosed to the agent by the seller or sellerrsquos 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 writtenagreement must state who will pay the broker and in conspicuous bold or underlined print set forth the brokers obligations as an intermediary A broker who acts as an intermediarybull Must treat all parties to the transaction impartially and fairlybull 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 transactionbull Must not unless specifically authorized in writing to do so by the party disclose
o that the owner will accept a price less than the written asking priceo that the buyertenant will pay a price greater than the price submitted in a written offer ando 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 ESTABLISHbull The brokerrsquos duties and responsibilities to you and your obligations under the representation agreementbull 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 brokerrsquos services Pleaseacknowledge receipt of this notice below and retain a copy for your records
Marcus amp Millichap 9002994 timspeckmarcusmillichapcom 972-755-5200Licensed Broker Broker Firm Name or Primary Assumed Business Name
License No Email Phone
Tim A Speck 432723 timspeckmarcusmillichapcom 872-755-5200Designated Broker of Firm License No Email Phone
Ford Noe 709695 fordnoemarcusmillichapcom 713-452-4200Licensed Supervisor of Sales AgentAssociate License No Email Phone
11-2-2015
Information available at wwwtrectexasgovIABS 1-0
Regulated by the Texas Real Estate Commission
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
GUS N LAGOSFirst Vice President Investments Director National Retail Group
Direct (713) 452-4257 Mobile (713) 459-1333 GusLagosmarcusmillichapcomLicense TX 419197
Three Riverway Suite 800HoustonTX 77056
ALEX WOLANSKYAssociateNational Retail Group
Direct (713) 452-4292 Mobile (713) 775-8899AlexWolanskymarcusmillichapcomLicense TX 702899
Three Riverway Suite 800HoustonTX 77056
EXCLUSIVELY LISTED BY
2 5 1 1 2 M A R K E T P L A C E D R I V E K A T Y T X 7 7 4 9 4
O f f e r i n g M e m o r a n d u m
