LANTANA TOWN CENTER - COMING SOON - NewQuest Properties

Page created by Jon Goodman
 
CONTINUE READING
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
COMING SOON

               LANTANA TOWN CENTER
                             Exclusive Retail in Affluent Trade Area

                     NWC of FM 407 and Jeter Road | Bartonville, Texas

                        Josh Friedlander | Kevin Sims | 281.477.4300
 Land Brokerage | Development | Leasing | Investment Sales | Asset Management | Tenant Representation
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
LANTANA TOWN CENTER                                                                                                                                                                                                                                                                                                                                                                                                                                 PROJECT HIGHLIGHTS
                       BARTONVILLE, TEXAS

                                                                                                                                                                                                                                                                                                                                                                   r
                                                                                                                                                                                                                                                                                                                                                                 D
                                                                                                                                                                                                                                                                                                                                                               s
                                                                                                                                                                                                                                                                                                                                                          ak
                                                               Gre en Oa k Dr

                                                                                                                                                                                                                                                                                                                                                     O
                                                                                                                                                                                                                                                                                                                                                   n
                                                                                                                                                                                                                                                                                                                                              yo
                                                                                                                                                                                                                                                                                                                                       an
                                                                                                                                                                                      Lantana

                                                                                                                                                                                                                                                                                                                                     C
                                                                                                                                                                                                                                                                                                                                                                                                                                                                109K                                  41%
                                                                                                                                                                                      Golf Club

                                                                                                                                                                                                                                                                                                                                                                                                               $183K
                                                                                                                                                                                                                                                           La
                                                                                                                                                                                LANTANA

                                                                                                                                                                                                                                                                nt
                                                                                                                                                                              TOWN CENTER                                                                                                                                                    Tanner Pkwy

                                                                                                                                                                                                                                                                       an
                                                                                                                                                                                 PHASE ll

                                                                                                                                                                                                                                                                                                                                                                                                               AVERAGE
                                                                                                                                                                                                                                                                         a
                                                                                                                                                                                                                                                                                                                                                                                                                                                                CURRENT
                                                                                                                                                                                                                                                                              Tr
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     POPULATION

                                                                                                                                                                                                                                                                                 l
                                                                                                                                                     LANTANA
                                                                                                                                                   TOWN CENTER

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     GROWTH
                                                                                                                                                                                                                                                                                                      Cleveland
                                                                                                                                                                                                                                                                                                                                                                                                               HOUSEHOLD
                                                                                          105

                                                                                                                                                                                                                                                                                                                                                                                                                                                                POPULATION
                                        E Jeter Rd                                        TEXAS
                                                                                                                                                      PHASE l
                                 Plantersville

                                                                                                                                                                                                                                                                                                                                                                                                               INCOME                                           WITHIN 5 MILES
                                                                                                                        149
                                                                                                                                                                    Conroe
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     WITHIN 5 MILES
                                                                                                                        TEXAS

                                                                                                                                                                                                                                                                                                                                                                               105
                                                                                                                                                                                                                          336
                                                                                                                                                                                                                                                                                                                                                                               TEXAS

                                       Todd Mission                                                                                                                                                                                                                                                                                                                                            Macedonia
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     SINCE 2010
                                                                                                                                                                                                                           TEXAS
                                                                                                                                                                                                                                     Wo lf Run Rd

                                                                                                                                                                                                                                                                                                                                                                                                               WITHIN 3 MILES
                                                                                                           249
                                                                                                                               Magnolia                                                                  45
                                                                                                                                                       McMakin Rd

                                                                                                 FA R M
                                                                                                                  TOLL
                                                                                           1774                                                                                                                                                            242
                                                                                          288                                                                                                                                                              TEXAS
                                                                                     R OTA
                                                                                         E XD

                                                                                                                                                                                                                                                                                                       New Caney
                                                                                            AS

                                                                                                                                                                                                                                                                                                                                                                                                                         Altoga
                                                                        77
                                                                                                                             380                         The Woodlands
                                                                                                                                                                                                                                                                   Propser                                                                                                              5

                                                                                                                                                                                                                                               99                                                                                                                      321
                                                                                                                                                                                                                                                                                                                                                                                       TEXAS

                                                                                                                                                                                                                                                                                                                                                                                                               2010 Census, 2021 Estimates with
                                                                                                                                                                                                                                                                                                                                                                                                    KenefickDelivery Statistics as of 07/21
                                                                                                                                                                                                                                                                                                                                                                                                                                        78
                                                                                                                                                                                                                                                                                                                                                                       TEXAS
                                                                                                                                                                                                                                                                                                                                               380                                                                                        TEXAS

                                                                                                                                      249
                                                                                                                                                       Tomball
                                                                                                                                                                                                                                                    TOLL

                              Waller                                                                                                   TEXAS
                                                                                                                                                                                                                                                                                          289
                                                                                                                                                                                                                                                                                              TEXAS

                                                                                                                                                                                                                                                                                                                 Kingwood
                                                                                                                    FA R M

                                                                                                                                                                                                                                                                                                                                                     McKinney
                                                                                                                  2920
                                                                        Denton                             R OA D
                                                                                                                                                                                                                                                           DNT                59
                                          Broome Rd                                                                                                                            Spring                                                                           TOLL
                                                                                                                                                                                                                                                                                                                             Oak Trail Rd
                                              377
                                                                              290                                            Corinth                                                                   FA R M                                                          Humble
                                                                                                                                                                                                                                                                       Frisco
                                                                                                                                                                                                                                                                                     John Hickman Pkwy.                   Atascocita                                    Fairview   Dayton                                                                      380
                                                                                                                                                                                                 1960
                                                                                                                                                                                             R OA D
                                                                                                          2181                                                                                                                                                                                                                       SRT
                                 35W
                                                                                                                                                                                                                                                                                                                                                      90
                                                                                                          TEXAS

                                                                                                                                                                                                                                                                                                                                                                                                                                  EXPLOSIVE RESIDENTIAL AREA
                                                                                                                                                                                                                                                                                                                                      TOLL

                                                                                                          Cypress                                                                                                                                     Warren Pkwy.             HCTRA
                                                                                                                                                                                                                                                                                                                                                          75
                                                                        Copper Canyon
                                                                                                                                                                                        B E LT W AY

                                                          Lantana
                                                                                                                                                                                              8
                                                                                                                                                                                                                                                                                TOLLWAY

                                                                                                                                                                                                                                                                                                              Sheldon                                          Allen             146                           Moss Bluff
                                                                                                                                                                                                                                                                                                               Ohio Dr.

                                                                                                                                                                                                                                                                                                                                                                                 TEXAS

                                                                                                                                                                                                                                                                                                B E LT W AY

                                                                                                                                                                                                                                                                                                      8
                                         Bartonville                                                      407
                                                                                                          TEXAS

                                                                                                                                                                                                                                45
                                                                                                                                                                                                                                                                                                                                                                                                                                                  1,712 FUTURE HOMES | 5-MILE RADIUS
                                                                          Double Oak
                                                                                                 99                                                                 HCTRA
                                                                                                                                                                                                                          SRT

                                                                                                                                                                                                                                                                                                                                                                                                       10
                                                                                                                                                                                                                           TOLL
                                                                                                    TOLL
                                                                                  1171                                                                                          121
                                                                                                                                                                                TEXAS
                                                                                  TEXAS                                                                             TOLLWAY

                                                                                  Katy                                               Lewisville
                                                                                                                                                                                                                         Houston
                                                                                Flower Mound
                                                                                                                                                              35E                 10                               Hebron                                                            Channelview
                                                                                                                                                                                                                                                                                                                           Plano
                                                                                                                                                                                                                                                                                                                                                          Baytown
                                                                                                                                                                                                                                                                                                                                                                                Murphy
                                                                                                                                                                                                                                                                                                                                                                                                                         482 ANNUAL HOME STARTS & 604 CLOSINGS | 5-MILE RADIUS
                                                                                                                                                                                                                                                                                                                                                                                                                 Wylie
                                                                     FA R M

            Roanoke                                                1463                                                                                                                                                                       PGBT
                                                                                                                                                                                                                                                                        610                                                                                                    99
                              Fulshear                      R OA D                                                WESTPARK
                                                                                                                                                                                                                                                    TOLL
                                                                                                                                                                                                                                                                                                                                                                                  TOLL                 78                                                      MetroStudy Estimates as of 2Q 2021
                                                                                                                                                                                                                                                                                                                            225
                                                                                                                                                                                                                                                                                                                                                                                                       TEXAS

    35W               170                         FA R M
                      TEXAS

                                                                                                                   TOLLWAY
                                                                                                                                                                                                                                                                                                                             TEXAS                                                                                                                     67
                                             1093

                                                                                                                                                                                                                                                                                                                                                                                                                                        35,268 TOTAL HOUSEHOLDS | 5-MILE RADIUS
                                                                                                                                                                                                                          Carrollton
                                                                                                                                       121
                                                                                                                                                                                                                                                                        Pasadena La Porte                                                                              PGBT
                                         R OA D
                                                           114

                                                                                Richmond
                                                                                                                                       TEXAS
                                                           TEXAS
                                                                                                                                                                                                                                                                                                                                                                        TOLL

                                                                                                                                                 Coppell
                                                                                                                                                                                                                                                Addison
                                                                                                                                                                                                                                                                                      289

                                                                                                                                                                                                                                                                                                                                                                                                                                        41% HOUSEHOLD GROWTH | 5-MILE RADIUS
                                                                                                                                                                                                                                                                                      TEXAS

                                             South Lake                                                   Grapevine
                                                                                                                                                                                                       161
                                                                                                                                                                                                       TEXAS                                         HCTRA
                                                                                                                                                                                                                                                                                                                          Richardson
                                                                                                                                                                                     T B E
                                                                                                                                                                               F O R UNT N D
                                                                                                                                                                                 CO     Y

                                                                                                                                                                                                                                                      TOLLWAY

                                                                                                                                                                                                                                                                                                                                                               Garland
                                                                                                                                                                                                                                                                                                          45
                                                                                                                                                                                 TOLL ROAD

                                                                                                                                       59
                                                                                                                                                                                 AUTHORITY

                                        90                                                                                                                                                                                           Pearland                                                                                                                                                                                                          276
                                                                                                                                                                                                                                                                                                                                                                                                                                                       TEXAS
                                                                                                                                                                                                                                                                                                                                                                                                                                                                     Regis Estimates as of 2Q 2021
                                                                                                                                                                                                                                                                                                          75

                                         Colleyville                                                 Rosenberg                                                                                                                                                                                                                       Dickinson
                                                                                                                                                                                               114
                       North Richland                                                                                                                                                          TEXAS

                                                                                                                                                                                                                                                                          DNT
                            Hills                                                                                                                                                                                                                                         6   TOLL
                                                                                                                                                                                                                                                                         TEXAS
                                              183                                                                                                                                                                                                                                                                                                                                                                                         205
                                                  TEXAS                                                                                                             183                                                                                                                                                                                                                                                                   TEXAS
                                                                                                                                                                    TEXAS
                                                                                                                                                                                                                                                                                                                                                                                               30

                                                                                                                                                                                                                        288
                                                                                                                                                                                                                        TEXAS
                377                                                                                                                                                                                                                                                                                                                                                                                                                                                           34
                                                                                                                                                                                 Irving
                                                                                                                                                                                                                                                                                                                                                                                                                                                                              TEXAS

                                                                                                                                                                                                                                                      35E

W                                                                                                                            360               161                                                              12
                                                                                                                                                                                                                                                                                                      Dallas                                  Texas City
                      121                                                                                                    TEXAS             TEXAS                                                            TEXAS

                      TEXAS

                                                                                                                                                                                                                                                                                                                                                                                                                80

                                                                                                                                                                                                                                     30
                                                                                                                                                                                                                                                                                                                                                                                            Mesquite
                  30                                                                                                                                                                                                                                                                                                                                                               Galveston
                       JOSH FRIEDLANDER       Grand Prairie                                                                                                                                                               KEVIN SIMS                                      35E
                                                                                                                                                                                                                                                                                                                                                                                                                                                         Terrell

                       281.477.4381
                                    Arlington
                                                                                                                                                                                                                          281.477.4366
                                                                                                                                                                                                                                                                                                                                                                                       635

                                                                                                                                                                                                                                                                                                                                             175
                                                                                                                                                                                                                                                                                                               45

                       jfriedlander@newquest.com                                                                                                                                                                          ksims@newquest.com
          287

                                                                                                                                                                                                                                                                                                                                                                                                                                   20

                                                                                                                                                                                                                                                                                                                                                     20
                                                               20
                                                                                                                                                                                                                                            67
                                                                                                                                                                                                                          20
                                                                                                                                                                                                                                                                        35E
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
PROJECT HIGHLIGHTS

 THE RETAIL              AFFLUENT            1,207 ANNUALIZED       STRONG CUSTOMER              PHASE I AVAILABLE
 COMPONENT OF            DEMOGRAPHICS        CLOSINGS IN 2020       LOYALTY SHOWS                PAD SITE AVAILABLE
 REPUBLIC PROPERTY       WITHIN A 3-MILE     WITHIN THE IMMEDIATE   50% OF CUSTOMERS
 GROUP’S AWARD-          RADIUS WITH AN      TRADE AREA AND AN      VISITED A MINIMUM OF         PHASE II AVAILABLE
 WINNING LANTANA         AVERAGE HOUSEHOLD   AVERAGE HOME PRICE     25 TIMES IN THE LAST         ACROSS THE STREET:
 MASTER-PLANNED          INCOME SURPASSING   OF $532,344 WITHIN     12 MONTHS                    RESTAURANT, OFFICE
 COMMUNITY               $182,920            3 MILES                          - PLACER.AI, ‘21   AND RETAIL SPACE

LANTANA TOWN CENTER | BARTONVILLE, TEXAS
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
AERIAL

                                              08.21 | 08.21

LANTANA TOWN CENTER | BARTONVILLE, TEXAS
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
AERIAL

                                                                                                               RANCH

                                                                                                          407
                                                                                                      R OA D

                                                                                             Lantana Town Center

                                                                           Lantana
                                                                          Golf Course

                Lantana
             3,710 Homes
                                              T     RAIL
                                          ANA                                   Retail
                                      LANT                                   Coming Soon

                                                             Proposed                      Phase II                    Phase I
                                    Proposed
                                  Car Wash User                                                                                  Pad Site Available

                       Proposed
                     Fast Food User

                                                                                                                                 JE
                                                                                                                                 TE
                                                                                                                                    R
Pad Site Available

                                                                                                                                      RD
   0.75 Acres
                                                                                    PD
                                                                               8V

                                                                                                                                         E
                                                                           9,84
                                                                          1

                                                                                                                                            2,
                                                                      7

                                                                                                                                             36
                                                                    40
                                                               ET

                                                                                                                                               0
                                                             RK

                                                                                                                                                 VP
                                                         A
                                                    OM

                                                                                                                                                      D
                                                  MT
                                          FAR

         Pad Site Available
             1.25 Acres
                                                                                             MCMAKIN RD 4,553 VPD

                                                                                                                                                            11.21 | 10.21

LANTANA TOWN CENTER | BARTONVILLE, TEXAS
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
SITE PLAN
KEY    B U S I NE SS                    LEASE AREAS
  1    Available Pad                    0.75 AC
  2    Available Pad                    1.25 AC
  3    Proposed Fast Food User          85,320 SF
  4    Proposed Car Wash User           74,096 SF
  5    Proposed Brakes Plus             48,407 SF                                                                            LANDSCAPING BUFFER

  6    Shellman’s Fine Wine & Spirits   4,941 SF
  7    Dr. Santilli, DDS                2,120 SF
                                                                                                        PROPOSED                         PROPOSED               PROPOSED                                             PROPOSED
                                                                                                      FAST FOOD USER                   CAR WASH USER
  8    Bank of America                  1,413 SF               DE
                                                                 TEN
                                                                    TIO
                                                                                PAD SITE
                                                                                 0.75 AC
                                                                                                                                                                                                                       BANK

                                                                       N
                                                                                                                                                                                                                                              AVAILABLE
  9    Luxury Nails Salon & Spa         2,818 SF                                           PAD SITE
                                                                                            1.25 AC
                                                                                                                                                                                                                                               3,500 SF
                                                                                    1
                                                                                                                                                 4
 10    Great Clips                      1,050 SF                                              2                3
                                                                                                                                                                                  6     7     8   9   10   11
                                                                       TRA                                                                                                                                              12   13 14 15        16
  11   Casamia Mexican Restaurant       2,842 SF                           CT
                                                                                8

                                                                                                                                                                                                                                                                     TRACT 12A
                                                                                                                                                                   5

 12    Proposed Bank                    2,450 SF                                                                                                                               TRACT 11                               PROPOSED     MARTIAL
                                                                                                                                                                                                                       POSTAL       ARTS
                                                                                                                                                                                                                                                            17

 13    Pet Bar                          2,450 SF                                                                    TRACT 9
                                                                                                                                               TRACT 10     TRACT 10B                                           TRACT 12
 14    Proposed Postal                  1,400 SF

 15    Martial Arts                     1,400 SF

 16    Available For Lease              3,500 SF                                                                                                                           FM 407
 17    Dutch Bros. Coffee               917 SF
                                                                                                                                                                                                                                                                                      PAD SITE
 18    Dickey’s Barbecue Pit            1,750 SF                                                                                                       TRACT 4
                                                                                                                                                                                                                                                                                      58,455 SF

 19    Domino’s Pizza                   2,100 SF                                                                                                                                                                                                                                         40
                                                                                                                                                                                             FUEL STATION
                                                                                                        18
 20    Nova Smile Care                  2,100 SF                                                             19    20 21
                                                                                                                            22     23 24                   26

                                                                                                                                                                                                                                                                                              3
 21    Salon M                          1,725 SF

                                                                                                                                                                                                                                                                                              T
                                                                                                        TRACT 7

                                                                                                                                                                                                                                                                                          C
                                                                                                                                                                                                                                                                                         A
                                                                                                                                 TRACT 5
 22    ATI Physical Therapy             2,125 SF

                                                                                                                                                                                                                                                                                      TR
 23    AT&T                             1,909 SF                                                                        6
                                                                                                                   CT                                                                                                                                                            39

                                                                                                                                                                                                                                                  2
                                                                                                              A
 24    Starbucks                        2,200 SF                                                          TR

                                                                                                                                                                                                                                             CT
                                                                                                                                                                                                                                                                           38

                                                                                                                                                                                                                                         A
                                                                                                                            25                                                                                                                                       37

                                                                                                                                                                                                                                    TR
 25    Firestone                        7,800 SF                                                                                                                                                                                                                36
                                                                                                                                                                                                                                                           35
 26    Chase                            3,558 SF                                                                                                                                                                                                      34

 27    Kroger Marketplace               113,531 SF                                                                                                                             TRACT 1                                                           33

                                                                                                      M
                                                                                                                                                                                                                                               32

                                                                                                      CM
                                                                                                                                                                                                                                             31
 28    Hollywood Feed                   4,880 SF                                                                                                                                                                                        30

 29    Poolwerx                         1,420 SF                                                          A
                                                                                                             KI
                                                                                                                                                                                                                       28    29

                                                                                                                                           D
                                                                                                                                                                                 27

                                                                                                               N

                                                                                                                                           ET
                                                                                                                                               EN
 30    Tokyo Samurai                    3,500 SF
                                                                                                                        RO

                                                                                                                                                 TI
                                                                                                                                                 O
                                                                                                                                                  N
 31    Farmers Insurance                1,050 SF
                                                                                                                            A
 32    Terry’s Donuts                   1,400 SF                                                                                 D
 33    The Tutoring Center              1,400 SF

                                                                                                                                                                                                                                    AD
 34    Pediatric Dentist                3,150 SF

                                                                                                                                                                                                                                  RO
 35    Legacy Nails                     2,450 SF

                                                                                                                                                                                                                              R
                                                                                                                                                                                                                             TE
 36    F45                              2,100 SF

                                                                                                                                                                                                                       JE
 37    Lantana Eye Care                 2,100 SF
 38    Supercuts                        1,400 SF
                                                                                                                                                                                 DETENTION
 39    Community MED Urgent Care        3,150 SF
 40    Available Pad                    58,455 SF

        AVAILABLE              LEASED    IN NEGOTIATION   NOT A PART
                                                                                                                                                                                                                                                                                              12.21 | 09.19

  LANTANA TOWN CENTER | BARTONVILLE, TEXAS
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
PHOTOS

LANTANA TOWN CENTER | BARTONVILLE, TEXAS
LANTANA TOWN CENTER - COMING SOON - NewQuest Properties
COMMUNITY HIGHLIGHTS

 LANTANA IS              AWARDED THE         ONE OF DFW’S       RANKED ONE OF       COVETED WINNER
 A 1,700-ACRE            COMMUNITY OF THE    MOST AFFLUENT      THE TOP-SELLING     OF 2011 AND 2012
 MASTER-PLANNED          YEAR IN DALLAS/     COMMUNITIES WITH   COMMUNITIES IN      PEOPLE’S CHOICE
 COMMUNITY               FORT WORTH IN       A 2020 MEDIAN      DFW OVER THE LAST   COMMUNITIES-
 WITH OVER 4,000         2004, 2006, 2011,   HOUSEHOLD INCOME   5 YEARS             LANTANA RESIDENTS
 HOMES AND               AND 2012 BY THE     OF OVER $140,000                       RATED COMMUNITY
 APPROXIMATELY           DALLAS BUILDERS                                            HIGHER THAN OTHER
 13,000 RESIDENTS        ASSOCIATION                                                DFW COMMUNITIES

LANTANA TOWN CENTER | BARTONVILLE, TEXAS
DEMOGRAPHICS
2010 Census, 2021 Estimates with Delivery Statistics as of 07/21

                                                                          POPULATION                       2 MILES    3 MILES    5 MILES

                                                                          Current Households                  4,145      8,286     35,174

                                                                          Current Population                 12,894     25,532    109,138

                                                                          2010 Census Population             10,206    20,625      77,563

                                                                          Population Growth 2010 to 2021    26.42%     24.02%      41.10%

                                                                          2021 Median Age                      39.8       40.1       39.4

                                                                          INCOME                           2 MILES    3 MILES    5 MILES

                                                                          Average Household Income         $164,841   $182,920   $175,085

                                                                          Median Household Income          $160,296   $160,071   $149,010

                                                                          Per Capita Income                $54,070    $60,100     $58,188

                                                                          RACE AND ETHNICITY               2 MILES    3 MILES    5 MILES

                                                                          White                             82.84%      82.81%    78.89%

                                                                          Black or African American          4.95%      5.08%      5.49%

                                                                          Asian or Pacific Islander          6.20%      6.56%      9.86%

                                                                          Hispanic                           10.73%    10.29%      11.12%

                                                                          CENSUS HOUSEHOLDS                2 MILES    3 MILES    5 MILES

                                                                          1 Person Household                  9.13%      9.10%    10.28%

                                                                          2 Person Households               32.27%      31.85%    29.91%

                                                                          3+ Person Households              58.60%     59.05%     59.81%

   JOSH FRIEDLANDER                                  KEVIN SIMS           Owner-Occupied Housing Units      93.39%     93.75%     91.33%

   281.477.4381                                      281.477.4366         Renter-Occupied Housing Units       6.61%     6.25%      8.67%
   jfriedlander@newquest.com                         ksims@newquest.com

   LANTANA TOWN CENTER | BARTONVILLE, TEXAS
Information About Brokerage Services
      Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS:                                                                             will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an
  • A BROKER is responsible for all brokerage activities, including acts performed by sales agents                intermediary. A broker who acts as an intermediary:
    sponsored by the broker.                                                                                         • Must treat all parties to the transaction impartially and fairly;
  • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.                      • 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
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker                              the instructions of each party to the transaction.
represents):                                                                                                         • Must not, unless specifically authorized in writing to do so by the party, disclose:
  • Put the interests of the client above all others, including the broker’s own interests;                             • that the owner will accept a price less than the written asking price;
  • Inform the client of any material information about the property or transaction received by the                     • that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
     broker;                                                                                                            • any confidential information or any other information that a party specifically instructs the broker
  • Answer the client’s questions and present any offer to or counter-offer from the client; and                           in writing not to disclose, unless required to do so by law.
  • Treat all parties to a real estate transaction honestly and fairly.
                                                                                                                  AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:                                              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.
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through
an agreement with the owner, usually in a written listing to sell or property management agreement.               TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND
An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any                  CLEARLY ESTABLISH:
material information about the pro erty or transaction known by the agent, including information disclosed        • The broker’s duties and responsibilities to you, and your obligations under the representation agreement.
to the agent or subagent by the buyer or buyer’s agent.                                                           • Who will pay the broker for services provided to you, when payment will be made and how the payment
                                                                                                                  will be calculated.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent
the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s          LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes.
minimum duties above and must inform the buyer of any material information about the property or                  It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this
transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.     notice below and retain a copy for your records.

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 written agreement must state who

                               Home Asset, Inc., dba NewQuest Properties                   420076                                          -                              (281)477-4300
                               Licensed Broker/Broker Firm Name or                         License No.                                  Email                                   Phone
                               Primary Assumed Business Name
                               H. Dean Lane, Jr.                                            366134                            dlane@newquest.com                          (281)477-4300
                               Designated Broker of Firm                                   License No.                                  Email                                   Phone
                               H. Dean Lane, Jr.                                            366134                            dlane@newquest.com                          (281)477-4300
                               Licensed Supervisor of Sales Agent/Associate                License No.                                  Email                                   Phone

                                Josh Friedlander                                             526125                       jfriedlander@newquest.com                       (281)477-4300
                               Sales Agent/Associate’s Name                                License No.                                  Email                                   Phone

                                                                              Buyer/Tenant/Seller/Landlord Initials                       Date

                                                           Regulated by the Texas Real Estate Commission (TREC) | Information available at: http://www.trec.texas.gov

                                                  8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300
                                The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent
                                                     associate or employee of NewQuest Properties. This information is subject to change without notice. ICSC_DK_12.01.21
You can also read