Page 1

SOHIGH VILLAGE FORT WORTH, TX


PRICING & FINANCIAL ANALYSIS

SO H IG H V ILLAG E

SoHigh Village 8333 Sohi Dr Fort Worth, TX 76137

OFFERING SUMMARY Price Cap Rate Net Operating Income Price PSF

$5,615,000 8.00% $449,031 $179.51

Occupancy

79.7%

Year Built

2008

Gross Leasable Area Lot Size

31,280 SF 3.47 Acres

F I N A N C I A L A N A LY S I S

2


PRICING & FINANCIAL ANALYSIS

SO H IG H V ILLAG E

PROJECTED INCOME & EXPENSES

CURRENT

Base Rent - Occupied Space GROSS POTENTIAL RENT

PSF

EXPENSES

$483,768

$15.47

Real Estate Taxes

$483,768

$15.47

Insurance

Expense Reimbursements

CURRENT

PSF

$105,000

$3.36

$6,300

$0.20

CAM

CAM Recoveries

$24,034

$0.77

Landscaping & Porter

$18,000

$0.58

Management Fee Recoveries

$23,636

$0.76

Utilities

$12,156

$0.39

$5,021

$0.16

Total CAM

$30,156

$0.96

Real Estate Tax Recoveries

$83,684

$2.68

Management Fee

$29,656

$0.95

Total Expense Reimbursements

$136,375

$4.36

Total Expenses

$171,112

$5.47

EFFECTIVE GROSS REVENUE

$620,143

$19.83

$30,156

$0.96

$29,656

$0.95

$6,300

$0.20

$105,000

$3.36

$171,112

$5.47

$449,031

$14.36

Insurance Recoveries

4.80%

Operating Expenses Total CAM Management Fee Total Insurance Total Real Estate Taxes Total Recoverable Expenses Net Operating Income

4.80%

F I N A N C I A L A N A LY S I S

3


RE NT RO L L

Tenant

SO H IG H V ILLAG E

Suite

SQ FT

% of SQFT

Lease Dates

Minimum Rent

Recoveries

Total

Start

End

Annual

Monthly

PSF

Annual

PSF

Revenue

% of Revenue

Marco’s Pizza

150

1,560

4.99%

04/11

03/21

$39,468

$3,289

$25.30

$8,534

$5.47

$48,002

7.74%

Natalie Alana Salon

132

1,600

5.12%

08/17

07/20

$25,800

$2,150

$16.13

$8,753

$5.47

$34,553

5.57%

Available

134

2,000

6.39%

-

-

$0

$0

$0.00

$0

$0.00

$0

0.00%

Boutique

126

1,650

5.27%

07/18

06/21

$31,200

$2,600

$18.91

$9,026

$5.47

$40,226

6.49%

Tarrant Liquor

110

2,700

8.63%

02/17

01/20

$43,200

$3,600

$16.00

$14,770

$5.47

$57,970

9.35%

Available

130

1,600

5.12%

-

-

$0

$0

$0.00

$0

$0.00

$0

0.00%

Nevaeh Organic Salon

140

1,000

3.20%

10/17

09/20

$21,000

$1,750

$21.00

$5,470

$5.47

$26,470

4.27%

Community Driving School

118

1,320

4.22%

04/14

03/19

$27,600

$2,300

$20.91

$7,221

$5.47

$34,821

5.61%

Available

100

2,750

8.79%

-

-

$0

$0

$0.00

$0

$0.00

$0

0.00%

RZ Sports Bar & Grill

112

4,400

14.07%

08/11

07/21

$105,600

$8,800

$24.00

$24,069

$5.47

$129,669

20.91%

Clairton Family Chiropractic

108

1,800

5.75%

03/14

02/19

$35,100

$2,925

$19.50

$9,847

$5.47

$44,947

7.25%

Swad Indian & Nepalese Cuisine

100A

1,400

4.48%

03/18

02/23

$30,000

$2,500

$21.43

$7,658

$5.47

$37,658

6.07%

The Spa Glam & GQ Salon

5240

5,300

16.94%

06/18

05/23

$87,600

$7,300

$16.53

$28,993

$5.47

$116,593

18.80%

M&K Mediterrianean Market  

122

2,200

7.03%

05/18

05/21

$37,200

$3,100

$16.91

$12,035

$5.47

$49,235

7.94%

TOTAL COUNT / GLA

14

31,280

100%

Totals

$483,768

$40,314

$620,143

100.00%

OCCUPIED

11

24,930

79.7%

AVAILABLE

3

6,350

20.3%

$19.41

24,930

100.0%

Total Avg Rent / GLA

$136,375

F I N A N C I A L A N A LY S I S

4


ESTIMATED REIMBURSEMENT REVENUE

Tenant

Suite

SQ FT

SO H IG H V ILLAG E

% of SQFT

CAM

Management Fee

Insurance

Real Estate Taxes

Total Recovery

Monthly

PSF

Monthly

PSF

Monthly

PSF

Monthly

PSF

Monthly

PSF

Marco’s Pizza

150

1,560

4.99%

$125

$0.96

$123

$0.95

$26

$0.20

$436

$3.36

$711

$5.47

Natalie Alana Salon

132

1,600

5.12%

$129

$0.96

$126

$0.95

$27

$0.20

$448

$3.36

$729

$5.47

Available

134

2,000

6.39%

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

Boutique

126

1,650

5.27%

$133

$0.96

$130

$0.95

$28

$0.20

$462

$3.36

$752

$5.47

Tarrant Liquor

110

2,700

8.63%

$217

$0.96

$213

$0.95

$45

$0.20

$755

$3.36

$1,231

$5.47

Available

130

1,600

5.12%

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

Nevaeh Organic Salon

140

1,000

3.20%

$80

$0.96

$79

$0.95

$17

$0.20

$280

$3.36

$456

$5.47

Community Driving School

118

1,320

4.22%

$106

$0.96

$104

$0.95

$22

$0.20

$369

$3.36

$602

$5.47

Available

100

2,750

8.79%

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

$0

$0.00

RZ Sports Bar & Grill

112

4,400

14.07%

$353

$0.96

$348

$0.95

$74

$0.20

$1,231

$3.36

$2,006

$5.47

Clairton Family Chiropractic

108

1,800

5.75%

$145

$0.96

$142

$0.95

$30

$0.20

$504

$3.36

$821

$5.47

Swad Indian & Nepalese Cuisine

100A

1,400

4.48%

$112

$0.96

$111

$0.95

$23

$0.20

$392

$3.36

$638

$5.47

The Spa Glam & GQ Salon

5240

5,300

16.94%

$426

$0.96

$419

$0.95

$89

$0.20

$1,483

$3.36

$2,416

$5.47

122

2,200

7.03%

$177

$0.96

$174

$0.95

$37

$0.20

$615

$3.36

$1,003

$5.47

31,280

100%

$2,003

M&K Mediterrianean Market  

$1,970

$418

$6,974

$11,365

F I N A N C I A L A N A LY S I S

5


LEASE PROVISIONS

Tenant

SO H IG H V ILLAG E

Suite

Base Rental Increases

SQ FT

User Restrictions & Exclusive Rights

Renewal Options

Date

PSF

Options

Date

PSF

Marco’s Pizza

150

1,560

-

-

1x5

4/1/2021

$27.83

Exclusive right to operate a pizza restaurant

Natalie Alana Salon

132

1,600

-

-

1x3

8/1/2020

Market

-

Available

134

2,000

-

-

-

-

-

-

Boutique

126

1,650

-

-

1x5

7/1/2021

Market

-

Tarrant Liquor

110

2,700

2/1/2019

$17.00

1x3

2/1/2020

$18.70

-

Available

130

1,600

-

-

-

-

-

-

Nevaeh Organic Salon

140

1,000

10/1/2019

$24.00

1x5

10/1/2020

Market

-

Community Driving School

118

1,320

-

-

1x5

4/1/2019

Market

-

Available

100

2,750

-

-

-

-

-

-

RZ Sports Bar & Grill

112

4,400

-

-

-

-

-

-

Clairton Family Chiropractic

108

1,800

-

-

-

-

-

Swad Indian & Nepalese Cuisine

100A

1,400

3/1/2019 3/1/2020 3/1/2021 3/1/2022

$22.71 $24.00 $25.29 26.57

1x5

3/1/2023

Market

-

The Spa Glam & GQ Salon

5240

5,300

6/1/2019

$14.50

1x5

6/1/2023

Market

-

122

2,200

-

-

2x5

6/1/2021 6/1/2026

Market

-

M&K Mediterrianean Market   TOTAL

31,280

F I N A N C I A L A N A LY S I S

6


TE NA NT INF ORMAT I ON

SO H IG H V ILLAG E

DBA

Marco’s Pizza

Entity on Lease

RT Pizza Concepts So-Hi LL

Corporate/Franchise

Franchise

Credit Rating

Not Rated

Public/Private

Private

Line of Business

Marco’s Pizza is a restaurant chain and interstate franchise based in Toledo, Ohio, that specializes in Italian-American cuisine. As of mid-2017, there are more than 800 franchised Marco’s Pizza locations in 34 states and Puerto Rico as well as the Bahamas, and India. In 2016, Marco’s Pizza was ranked at #10 on the Pizza Today list of the Top 100 Pizza Companies in the United States.

DBA

RZ Sports Bar & Grill

Entity on Lease

CCAH Inc.

Corporate/Franchise

Corporate

Credit Rating

Not Rated

Public/Private

Private

Line of Business

RZ Sports Bar & Grill is a relaxed spot with a patio offering a bar menu with Mediterranean bites, plus draft beer & cocktails.

DBA

Swad Indian & Nepalese Cuisine

Entity on Lease

Raju Kairala, Mahesh Gartaula

Corporate/Franchise

Corporate

Credit Rating

Not Rated

Public/Private

Private

Line of Business

Swad Indian & Nepalese Cuisine is a restaurant serving authentic food including curry, kabobs, fried rice, and more.

PROPERTY DESCRIPTION

7


I N VE S TMENT HI GHLI GHT S •

Natural Grocers: SoHigh Village is shadow anchored by Natural Grocers, an organic grocery store chain based on affordability, high quality and nutritional education, drawing numerous visitors to The Property daily.

Exceptional Positioning with High Traffic Counts: SoHigh Village benefits from its position at the southeast corner of N Tarrant Pkwy and Park Vista Blvd, a major thoroughfare less than one mile from US-377. Traffic counts exceed 13,000 vehicles per day on Park Vista Blvd and 26,000 vehicles per day on N Tarrant Pkwy. This lighted intersection allows for easy access and visibility to the Property as drivers come from any direction.

Tremendous Trade Area with High Growth & Incomes: SoHigh Village is a true neighborhood center in this affluent area in North Fort Worth. High growth has been consistent in this area as evidenced since 2010 with an average of 18% growth within five miles. This same trade area has indications of an average of 8.5% growth projected over the next five years. Within a three-mile radius of SoHigh Village, there are currently 136,439 residents increasing to 294,903 people within five miles of the Property. Additionally, the household incomes of the resident population within one and three miles radius are $117,671 and $101,131 respectively, which is significantly higher than the national average.

Low Rental Rates: The average rental rate in SoHigh Village is only $19.50 PSF, baring tremendous room for upside in rental rates, as rents are reaching as high as $33.00 PSF in neighboring properties

Structured Rent Increases: Many of the leases have rental increases scheduled in either the base term of the lease or in the options. This virtually guarantees an increase in the NOI without any additional leasing.

SO H IG H V ILLAG E

PROPERTY DESCRIPTION

8


BIG VIEW DRIVE

Th e

Nevaeh Salon

Available

Natalie Alana Salon

Available

Boutique

M&K Mediterranean Market

Community Driving School

Tarrant Liquor

Available

Sp a

S I T E PL A N SO H IG H V ILLAG E

BIG VIEW DRIVE

SOHI DRIVE

Clairton Family Chiropractic

PROPERTY DESCRIPTION

9


A E R IIONA REG AL MA L PMA P

SO H IG H V ILLAG E

13,110 VPD PARK VISTA BLVD

26,810 VPD

N TARRANT PKWY

HILLWOOD MIDDLE SCHOOL

PARKWOOD HILL INTERMEDIATE SCHOOL

PROPERTY DESCRIPTION

10


L E A SE COMPA RABLES

Property SoHigh Village ï‚« 8333 Sohi Dr Fort Worth, TX 76137

Quail Valley Plaza 1 5701 N Tarrant Pky

SO H IG H V ILLAG E

GLA 31,280

Yr Built/ Renovated Occupancy 2008

Major Tenants

Available SF

Rental Rates

NNN

79.7%

Marco's Pizza, Tarrant Liquor, Navaeh Hair, RZ Bar, Max Living, Community Driving School

6,350

$16.00 - $25.00

$5.50

0

$26.00 - $33.00

$6.50

12,950

2015

100.0%

Cici's Pizza, Jimmy John's, FedEx Office, Waxing The City Keller Modern Dentistry

2

N Beach Shopping Center 8653 N Beach St

34,322

2006

100.0%

GameStop, The UPS Store, Joe's Pizza & Pasta, Little Caesar's, Cricket Wireless

0

$20.00-$28.00

$7.00

3

Parkwood Village 5500 N Tarrant Pkwy

14,020

2007

100.0%

Farmer's Insurance, Stevie's Diner, Ketos Creative, M3 Salon

0

$17.00 - $25.00

$7.25

4

Magnolia Park 5408 Basswood Blvd

13,636

2004

88.4%

ABC 123 Dental, World Blend Coffee, Pizza Buzz, DK Cleaners, Donutopia

1,586

$16.00 - $25.00

$5.76

5

Shoppes at Park Vista 5040 Tarrant Pkwy

16,472

2007

100.0%

Riser Room, Velvet Box, Jet's Pizza, Lifetime Dentistry, Lux Nail Spa

0

$14.00 - $20.00

$7.00

PROPERTY DESCRIPTION

11


L E A SE COMPA RABLES

SO H IG H V ILLAG E

SoHigh Village 1

Quail Valley Plaza

2

N Beach Shopping Center

3

Parkwood Village

4

Magnolia Park

5

Shoppes at Park Vista

2

1 3 5

4

PROPERTY DESCRIPTION

12


LO C AL MA P

SO H IG H V ILLAG E

PROPERTY DESCRIPTION

13


REG IONA L MA P

SO H IG H V ILLAG E

PROPERTY DESCRIPTION

14


M A R KET S U MMARY

SO H IG H V ILLAG E

Dallas - Fort Worth, TX

OVERVIEW Dallas encompasses half of the Dallas/Fort Worth Metroplex and is the third-largest city in Texas and the ninth-largest city in the United States. Dallas is home to the third-largest concentration of Fortune 500 companies in the country and is the largest economic center of the Dallas/Fort Worth metropolitan area. The Metroplex has strong submarket occupancy rates, is home to more shopping centers per capita and has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. The city is the largest economic center of the 12-county Dallas–Fort Worth–Arlington metropolitan area, which had a population of 6,810,913 people as of July 1, 2013. The metropolitan economy is the sixth largest in the United States, with a 2012 real GDP of $420.34 billion. In 2013 the metropolitan area led the nation with the largest year-over-year increase in employment, and advanced to become the fourth-largest employment center in the nation (behind New York City, Los Angeles, and Chicago) with more than three million non-farm jobs. In the

latest rankings released in 2013, Dallas was rated as a “beta plus” world city by the Globalization and World Cities Study Group & Network. Dallas is also ranked 14th in world rankings of GDP by the Organization for Economic Co-operation and Development. The Dallas-Fort Worth Metroplex has one of the largest concentrations of corporate headquarters for publicly traded companies in the United States. The city of Dallas has 12 Fortune 500 companies, and the DFW region as a whole has 22. Dallas is the best-ranked city on the Regulatory Climate Index thanks to its efficient local regulations. Entrepreneurs and small businesses can expect a welcoming business environment across all five areas of local regulation. Dallas scores above average across each meaningful measure of an interaction that a business has with a local government agency through procedure, time, and cost. These rankings reflect the city’s continuing efforts to develop programs and initiatives to strengthen the business environment, provide access to capital, and encourage economic growth at the local level.

Q U I C K S TAT S

2 3rd 4th 22

nd

Texas, Fastest Growing Economy in the U.S. (24/7 Wall St.) Fastest Growing Cities in the U.S. (Forbes) Largest Metropolitan Area in the United States Fortune 500 Companies Call DFW Home (Fortune)

10K

Home to over 10,000 corporate headquarters, making it the largest concentration in the U.S.

PROPERTY DESCRIPTION

15


D E M OG RA PHIC STAT I ST I CS

SO H IG H V ILLAG E

1 MILE

3 MILE

5 MILE

19,682 18,275 16,311 7.70% 12.04% 3,005

146,631 136,439 123,658 7.47% 10.34% 26,107

319,980 294,903 249,668 8.50% 18.12% 57,325

14,029 1,714 134 1,748 49 600 35

109,200 10,718 1,030 11,288 323 3,880 129

239,738 23,380 2,284 20,818 630 8,052 319

6,278 5,836 5,223 7.57% 11.74% 4,595 1,241 $117,671 $99,038

49,136 45,757 41,472 7.38% 10.33% 35,895 9,863 $101,131 $85,562

111,596 103,023 87,785 8.32% 17.36% 75,273 27,750 $99,695 $81,735

209 483 964 1,313 873 616 888 491

3,213 6,800 9,495 7,981 6,687 4,011 4,568 3,005

8,831 16,967 21,092 17,156 13,682 8,373 9,265 7,658

Population: 2023 Projection 2018 Estimate 2010 Census Growth 2018-2023 Growth 2010-2018 2018 Population Hispanic Origin

2018 Population by Race:

White Black Am. Indian & Alaskan Asian Hawaiian & Pacific Island Other U.S. Armed Forces:

Households:

2023 Projection 2018 Estimate 2010 Census Growth 2018 - 2023 Growth 2010 - 2018 Owner Occupied Renter Occupied 2017 Avg Household Income (National Avg - $75,558) 2017 Med Household Income (National Avg - $53,889)

2018 Households by Household Inc: <$25,000 $25,000 - $50,000 $50,000 - $75,000 $75,000 - $100,000 $100,000 - $125,000 $125,000 - $150,000 $150,000 - $200,000 $200,000+

Demographic data © CoStar 2017

PROPERTY DESCRIPTION

16


CONFIDENTIALITY AGREEMENT The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE. This offering memorandum has been prepared to provide summary, unverified financial and physical information 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. STRIVE 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, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenantâ&#x20AC;&#x2122;s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE 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. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property. ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.


Commercial Disclaimer STRIVE hereby advises all prospective purchasers of commercial property as follows: The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided. As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs. Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property. By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.


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: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker. A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any offer to or counter-offer from the client; and • 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 (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. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent. AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller’s 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 written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly; • May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and • buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. • Must not, unless specifically authorized in writing to do so by the party, disclose: ӽӽ that the owner will accept a price less than the written asking price; ӽӽ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and ӽӽ 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 ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated. LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Regulated by the Texas Real Estate Commission

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


exclusively listed 469.844.8880 | STRIVERE.COM

SoHigh Village – Fort Worth, TX  
SoHigh Village – Fort Worth, TX