11815 warfield single story office corner of warfield st and … · 2020. 10. 14. · 210 524 4000...

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210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 reocsanantonio.com SAN ANTONIO RE OC 11815 Warfield Corner of Warfield St and Colwick St Single Story Office For Lease Blake M. Bonner Senior Vice President, Director of Brokerage Direct Line 210 524 1305 [email protected]

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Page 1: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

210 524 40008023 Vantage Dr, Suite 1200

San Antonio TX 78230reocsanantonio.comSAN ANTONIO

R E O C

11815 WarfieldCorner of Warfield St and Colwick St

Single Story OfficeFor Lease

Blake M. BonnerSenior Vice President, Director of BrokerageDirect Line 210 524 [email protected]

Page 2: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Table of Contents

© 2015 REOC San Antonio. REOC San Antonio is a licensed Real Estate broker in the State of Texas operating under REOC General Partner, LLC. The information contained herein is deemed accurate as it has been reported to us by reliable sources. As such, we can make no warranty or representation as to the accuracy or completeness thereof. Further, the property is presented subject to availability, change in price or terms, prior sale or lease, or withdrawal from the market.

SECTION 1 Property Summary

SECTION 2 Quote Sheet

SECTION 3 Map & Aerials

SECTION 4 Floor Plan

SECTION 5 Photos

SECTION 6 San Antonio Overview

SECTION 7 Market Snapshot

SECTION 8 Demographics

SECTION 9 TREC Agency Disclosure

Page 3: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Property Summary

Address 11815 Warfield St, San Antonio, TX 78216

Location Corner of Warfield St and Colwick St (Between Nakoma Dr and Rhapsody Dr off US Hwy 281)

Property 4,750 SF Total Details

Legal NCB 13496 BLK 40 LOT 1 Description

Zoning I-1

Year Built 1976

Floors 1

Road 128.14 on Warfield and 149.84 on ColwickFrontage

REOC San Antonio believes this information to be accurate but makes no representations or warranties as to the accuracy of this information.

Comments

� Quick access to Hwy 281, Loop 410, and Loop 1604

� Central location with ease of access to all points around town

� Easy ingress/egress to adjacent thoroughfares

� Close proximity to San Antonio International Airport

� Building is owned by an interior design firm and has excellent interior finishes

� Building in good condition and shows very well

� Offers perimeter offices with built-out interior work stations

� Ideal for a wide variety of commercial uses

� Abundant parking with a separate fenced area available

Traffic Counts

Hwy 281 at Nakoma Dr; 164,619 vpd (2019)Source: TxDOT Statewide Planning Map

Page 4: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Quote Sheet

Actual Base Rental under any proposed lease is a function of the relationship of expense and income characteristics, credit worthiness of tenant, condition of space leased, leasehold input allowances, term of lease and other factors deemed important by the Landlord.

This Quote Sheet does not constitute an offer. Neither this document nor any oral discussions between the parties is intended to be a legally binding agreement, but merely expresses terms and conditions upon which the Landlord may be willing to enter into an agreement. This Quote Sheet is subject to modification, prior leasing or withdrawal without notice and neither party hereto shall be bound until definitive written agreements are executed by and delivered to all parties to the transaction. The information provided herein is deemed reliable, however, no warranties or representations as to the accuracy are intended, whether expressed or implied.

Total Available SF 4,750 (Available 2/1/21)

Lease Price/SF $18.50 Modified Gross (Net of Utilities)

Minimum Lease Minimum Lease Three (3) yearsThree (3) yearsTermTerm

Escalation QuoteEscalation Quote Base Year Base Year

Financial Required prior to submission of lease document by LandlordInformation

Disclosure A copy of the attached Real Estate Agency Disclosure Form should be signed by the appropriate individual and returned to Landlord’s leasing representative.

Page 5: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C City Location Map

Page 6: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Aerial Map

STST

STST

Page 7: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Aerial Map

STST

STST

Page 8: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Site Aerial

STST

STST

Page 9: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Floor Plan

EXISTINGELECTRICAL

ROOM

EXISTINGBREAK ROOM

EXISTINGRESTROOM

EXISTINGRESTROOM

EXISTING FULL HEIGHT WALL

EXISTING PARTIAL HEIGHT WALL

13'-0"

16'-5

"

9'-812"18'-111

2"19'-8"

16'-5

"10

'-0"

5'-3

"

11'-10"

18'-2

1 2"

13'-3

1 2"

10'-8"

10'-7

"

11'-7

"11

'-91 2"

8'-412"

8'-412" 6'-11"

12'-1

"

14'-3

"20

'-10"

11'-4

"

10'-912"

10'-912"

19'-1012"

12'-2

"

11'-10"

10'-7

"

23'-2

"12

'-0"

9'-4

1 2"14

'-3"

15'-6"

9'-1134"

9'-10"

14'-8"

15'-3

"

11'-10"

15'-10"

NOTE:ANY DRAWINGS OR SPECIFICATIONS ARE FOR DESIGN INTENT ONLY. THESEARE NOT INTENDED FOR ARCHITECTURAL/ENGINEERING PURPOSES.

BAXTER DESIGN GROUP11815 Warfield San Antonio, TX 78216P: 210.828.4696 F:210.828.4858www.baxterdesigngroup.com

PROJECT: BDGROOM: EXISTING PLANISSUE: 08.19.15SCALE: 1/8" = 1'-0"

APPROX. 4,750 USF

Page 10: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Photos

Page 11: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Photos

Page 12: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C San Antonio Overview

Largest U.S. Cities

1 New York

2 Los Angeles

3 Chicago

4 Houston

5 Phoenix

6 Philadephia

7 San Antonio

8 San Diego

9 Dallas

10 San Jose

San Antonio-New Braunfels Metro Area

Pop

ulat

ion

Med

ian

Age

Tota

l Hou

seho

lds

Avg

. Hou

seho

ld In

com

e

Med

ian

Hou

seho

ld In

com

e

Per

Cap

ita In

com

e

1,711,703

2,142,508

2,547,033

2,776,239

2000 Census

2010 Census

2019 Estimate

2024 Projection

32.9

34.1

35.6

36.3

601,265

763,022

904,857

986,160

$51,426

$62,458

$79,695

$90,560

2000 Census

2010 Census

2019 Estimate

2024 Projection

$39,029

$50,146

$57,387

$64,392

$18,443

$22,135

$28,442

$32,288

Austin80 miles

Dallas280 miles

Houston200 miles

Corpus Christi145 miles

Laredo/Nvo. Laredo 150 miles

Mexico City900 miles

San San AntonioAntonio

Located in South Central Texas within Bexar County, San Antonio occupies approximately 504 square miles. Situated about 140 miles north of the Gulf of Mexico where the Gulf Coastal Plain and Texas Hill Country meet.

Major Industries

In Billions

$0 $5 $10 $15 $20 $25 $30

Manufacturing

Health Care & Bioscience

Finance

Real Estate & Construction

Military

Hospitality/Tourism

Major Industries

Finance

Real Estate & Construction

Military

Hospitality & Tourism

Health Care & Bioscience

Manufacturing

$0 $5 $10 $15 $20 $25 $30

Sources: U.S. Census, U.S. Census Bureau 2010, ESRI forecasts for 2019 & 2024; Fortune

Ethnicity

Black Alone

American Indian Alone

Asian Alone

Some Other Race Alone

Two or More Races

White Alone

73.3%7.2%

0.8%

12.2%3.7%

2.6%

Hispanic Origin (Any Race)

Non-Hispanic

44.7%

55.3%

Pacific Islander Alone

0.1%

1 Valero Energy 24

2 USAA 101

3 iHeartMedia 466

4 NuStar Energy 998

Fortune 500 CompaniesRankings USSAT

Page 13: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Office Market Snapshot - 2Q 2020Office Market Snapshot - 2Q 2020

Analysis by REOC San Antonio based on data provided by the San Antonio Commercial Real Estate Data Alliance (SACREDA) and approved by the SACREDA Office Advisory Board. Statistical information is calculated for multi-tenant office bldgs. 20,000 sf and larger (excluding Single-Tenant, Owner-Occupied, Gov’t and Medical Buildings). Rental rates reflect non-weighted strict average asking rental rates quoted on an annual full-service basis. Rents quoted on a non-full service basis (such as NNN have been calculated up to reflect the full-service rate.

Page 14: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Demographics: 1-MileDemographic and Income Profile

11815 Warfield St, San Antonio, Texas, 78216 Prepared by EsriRing Band: 0 - 1 mile radius Latitude: 29.54993

Longitude: -98.49551

Summary Census 2010 2020 2025Population 8,093 8,005 8,057Households 3,898 3,811 3,822Families 1,882 1,801 1,798Average Household Size 2.07 2.09 2.10Owner Occupied Housing Units 1,291 1,222 1,248Renter Occupied Housing Units 2,607 2,589 2,574Median Age 34.5 36.3 36.2

Trends: 2020-2025 Annual Rate Area State NationalPopulation 0.13% 1.54% 0.72%Households 0.06% 1.51% 0.72%Families -0.03% 1.47% 0.64%Owner HHs 0.42% 1.53% 0.72%Median Household Income 0.60% 1.43% 1.60%

2020 2025 Households by Income Number Percent Number Percent

<$15,000 515 13.5% 496 13.0%$15,000 - $24,999 540 14.2% 504 13.2%$25,000 - $34,999 521 13.7% 518 13.6%$35,000 - $49,999 747 19.6% 748 19.6%$50,000 - $74,999 614 16.1% 649 17.0%$75,000 - $99,999 337 8.8% 359 9.4%$100,000 - $149,999 297 7.8% 313 8.2%$150,000 - $199,999 76 2.0% 80 2.1%$200,000+ 164 4.3% 155 4.1%

Median Household Income $40,253 $41,483Average Household Income $61,707 $64,721Per Capita Income $29,369 $30,708

Census 2010 2020 2025 Population by Age Number Percent Number Percent Number Percent

0 - 4 518 6.4% 448 5.6% 463 5.7%5 - 9 419 5.2% 406 5.1% 389 4.8%10 - 14 422 5.2% 415 5.2% 390 4.8%15 - 19 506 6.3% 442 5.5% 446 5.5%20 - 24 752 9.3% 702 8.8% 763 9.5%25 - 34 1,485 18.3% 1,438 18.0% 1,448 18.0%35 - 44 1,078 13.3% 1,088 13.6% 1,040 12.9%45 - 54 1,144 14.1% 921 11.5% 870 10.8%55 - 64 788 9.7% 908 11.3% 852 10.6%65 - 74 492 6.1% 646 8.1% 727 9.0%75 - 84 341 4.2% 413 5.2% 480 6.0%

85+ 148 1.8% 179 2.2% 189 2.3%Census 2010 2020 2025

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 6,123 75.7% 5,831 72.9% 5,813 72.2%Black Alone 485 6.0% 508 6.3% 522 6.5%American Indian Alone 55 0.7% 58 0.7% 59 0.7%Asian Alone 163 2.0% 204 2.5% 237 2.9%Pacific Islander Alone 6 0.1% 6 0.1% 6 0.1%Some Other Race Alone 933 11.5% 1,031 12.9% 1,033 12.8%Two or More Races 328 4.1% 366 4.6% 386 4.8%

Hispanic Origin (Any Race) 3,833 47.4% 4,240 53.0% 4,443 55.1%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

October 13, 2020

©2020 Esri Page 1 of 6

Page 15: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Demographics: 3-MileDemographic and Income Profile

11815 Warfield St, San Antonio, Texas, 78216 Prepared by EsriRing Band: 1 - 3 mile radius Latitude: 29.54993

Longitude: -98.49551

Summary Census 2010 2020 2025Population 71,950 73,603 75,043Households 32,159 32,853 33,459Families 18,283 18,214 18,433Average Household Size 2.23 2.23 2.23Owner Occupied Housing Units 16,223 15,801 16,150Renter Occupied Housing Units 15,936 17,052 17,309Median Age 37.1 38.7 39.5

Trends: 2020-2025 Annual Rate Area State NationalPopulation 0.39% 1.54% 0.72%Households 0.37% 1.51% 0.72%Families 0.24% 1.47% 0.64%Owner HHs 0.44% 1.53% 0.72%Median Household Income 0.87% 1.43% 1.60%

2020 2025 Households by Income Number Percent Number Percent

<$15,000 3,203 9.7% 3,095 9.3%$15,000 - $24,999 3,338 10.2% 3,151 9.4%$25,000 - $34,999 3,385 10.3% 3,313 9.9%$35,000 - $49,999 4,722 14.4% 4,652 13.9%$50,000 - $74,999 5,710 17.4% 5,940 17.8%$75,000 - $99,999 4,100 12.5% 4,348 13.0%$100,000 - $149,999 4,352 13.2% 4,640 13.9%$150,000 - $199,999 2,062 6.3% 2,236 6.7%$200,000+ 1,981 6.0% 2,082 6.2%

Median Household Income $55,856 $58,325Average Household Income $81,387 $86,922Per Capita Income $36,183 $38,595

Census 2010 2020 2025 Population by Age Number Percent Number Percent Number Percent

0 - 4 4,427 6.2% 4,078 5.5% 4,232 5.6%5 - 9 4,112 5.7% 3,975 5.4% 3,992 5.3%10 - 14 4,185 5.8% 4,032 5.5% 3,853 5.1%15 - 19 4,068 5.7% 4,010 5.4% 3,928 5.2%20 - 24 5,688 7.9% 5,440 7.4% 5,420 7.2%25 - 34 11,536 16.0% 11,137 15.1% 11,388 15.2%35 - 44 9,132 12.7% 10,021 13.6% 10,379 13.8%45 - 54 10,353 14.4% 8,707 11.8% 8,690 11.6%55 - 64 8,900 12.4% 9,236 12.5% 8,624 11.5%65 - 74 4,905 6.8% 7,402 10.1% 7,895 10.5%75 - 84 3,318 4.6% 3,818 5.2% 4,774 6.4%

85+ 1,324 1.8% 1,748 2.4% 1,866 2.5%Census 2010 2020 2025

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 57,046 79.3% 56,246 76.4% 56,698 75.6%Black Alone 3,126 4.3% 3,508 4.8% 3,718 5.0%American Indian Alone 522 0.7% 550 0.7% 563 0.8%Asian Alone 1,775 2.5% 2,334 3.2% 2,744 3.7%Pacific Islander Alone 58 0.1% 68 0.1% 76 0.1%Some Other Race Alone 7,012 9.7% 8,074 11.0% 8,221 11.0%Two or More Races 2,412 3.4% 2,823 3.8% 3,022 4.0%

Hispanic Origin (Any Race) 31,653 44.0% 36,296 49.3% 38,649 51.5%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

October 13, 2020

©2020 Esri Page 3 of 6

Page 16: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C Demographics: 5-MileDemographic and Income Profile

11815 Warfield St, San Antonio, Texas, 78216 Prepared by EsriRing Band: 3 - 5 mile radius Latitude: 29.54993

Longitude: -98.49551

Summary Census 2010 2020 2025Population 192,450 201,000 206,672Households 81,890 85,597 88,023Families 48,142 49,197 50,280Average Household Size 2.33 2.33 2.33Owner Occupied Housing Units 42,690 41,131 42,174Renter Occupied Housing Units 39,200 44,465 45,849Median Age 36.3 37.9 38.7

Trends: 2020-2025 Annual Rate Area State NationalPopulation 0.56% 1.54% 0.72%Households 0.56% 1.51% 0.72%Families 0.44% 1.47% 0.64%Owner HHs 0.50% 1.53% 0.72%Median Household Income 0.71% 1.43% 1.60%

2020 2025 Households by Income Number Percent Number Percent

<$15,000 10,167 11.9% 10,026 11.4%$15,000 - $24,999 7,590 8.9% 7,251 8.2%$25,000 - $34,999 8,131 9.5% 8,052 9.1%$35,000 - $49,999 11,778 13.8% 11,758 13.4%$50,000 - $74,999 15,897 18.6% 16,661 18.9%$75,000 - $99,999 10,252 12.0% 10,859 12.3%$100,000 - $149,999 10,797 12.6% 11,474 13.0%$150,000 - $199,999 4,858 5.7% 5,268 6.0%$200,000+ 6,127 7.2% 6,673 7.6%

Median Household Income $56,035 $58,065Average Household Income $85,024 $91,004Per Capita Income $35,946 $38,447

Census 2010 2020 2025 Population by Age Number Percent Number Percent Number Percent

0 - 4 12,067 6.3% 11,379 5.7% 11,852 5.7%5 - 9 11,989 6.2% 11,426 5.7% 11,464 5.5%10 - 14 12,226 6.4% 11,880 5.9% 11,500 5.6%15 - 19 12,227 6.4% 11,743 5.8% 11,480 5.6%20 - 24 15,306 8.0% 14,809 7.4% 14,711 7.1%25 - 34 29,210 15.2% 31,152 15.5% 31,993 15.5%35 - 44 24,539 12.8% 25,975 12.9% 27,453 13.3%45 - 54 27,424 14.3% 23,848 11.9% 23,827 11.5%55 - 64 22,681 11.8% 24,693 12.3% 23,518 11.4%65 - 74 12,874 6.7% 19,115 9.5% 20,728 10.0%75 - 84 8,075 4.2% 10,123 5.0% 12,883 6.2%

85+ 3,831 2.0% 4,857 2.4% 5,264 2.5%Census 2010 2020 2025

Race and Ethnicity Number Percent Number Percent Number PercentWhite Alone 151,627 78.8% 152,510 75.9% 155,001 75.0%Black Alone 9,346 4.9% 10,669 5.3% 11,327 5.5%American Indian Alone 1,277 0.7% 1,358 0.7% 1,393 0.7%Asian Alone 5,780 3.0% 7,937 3.9% 9,447 4.6%Pacific Islander Alone 223 0.1% 275 0.1% 306 0.1%Some Other Race Alone 18,178 9.4% 21,021 10.5% 21,395 10.4%Two or More Races 6,020 3.1% 7,229 3.6% 7,803 3.8%

Hispanic Origin (Any Race) 87,756 45.6% 100,445 50.0% 106,866 51.7%Data Note: Income is expressed in current dollars.

Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2020 and 2025.

October 13, 2020

©2020 Esri Page 5 of 6

Page 17: 11815 Warfield Single Story Office Corner of Warfield St and … · 2020. 10. 14. · 210 524 4000 8023 Vantage Dr, Suite 1200 San Antonio TX 78230 SAN ANTONIO reocsanantonio.com

Blake M. BonnerSenior Vice President,Director of BrokerageDirect Line 210 524 [email protected]

210 524 4000

SAN ANTONIOR E O C TREC Agency Disclosure

Before working with a real estate broker, you should know that the duties of a broker depend on whom the broker represents. If you are a prospective seller or landlord (owner) or a prospective buyer or tenant (buyer), you should know that the broker who lists the property for sale or lease is the owner’s agent. A broker who acts as a subagent represents the owner in cooperation with the listing broker. A broker who acts as a buyer’s agent represent the buyer. A broker may act as an intermediary between the parties if the parties consent in writing. A broker can assist you in locating a property, preparing a contract or lease, or obtaining financing without representing you. A broker is obligated by law to treat you honestly.

IF THE BROKER REPRESENTS THE OWNER:The broker becomes the owner’s agent by entering into an agreement with the owner, usually through a written listing agreement, or by agreeing to act as a subagent by accepting an offer of subagency from the listing broker. A subagent may work in a different real estate office. A listing broker or subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first. The buyer should not tell the owner’s agent anything the buyer would not want the owner to know because an owner’s agent must disclose to the owner any material information known to the agent.

IF THE BROKER REPRESENTS THE BUYER:The broker becomes the buyer’s agent by entering into an agreement to represent the buyer, usually through a written buyer representation agreement. A buyer’s agent can assist the owner but does not represent the owner and must place the interests of the buyer first. The owner should not tell a buyer’s agent anything the owner would not want the buyer to know because a buyer’s agent must disclose to the buyer any material information known to the agent.

IF THE BROKER ACTS AS AN INTERMEDIARY:A broker may act as an intermediary between the parties if the broker complies

with The Texas Real Estate License Act. The broker must obtain the written consent of each party to the transaction to act as an intermediary. The written consent must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. The broker is required to treat each party honestly and fairly and to comply with The Texas Real Estate License Act. A broker who acts as an intermediary in a transaction: 1) shall treat all parties honestly; 2) may not disclose that the owner will accept a price less than the asking price unless authorized in writing to do so by the owner; 3) may not disclose that the buyer will pay a price greater than the price submitted in a written offer unless authorized in writing to do so by the buyer; and 4) may not disclose any confidential information or any information that a party specifically instructs the broker in writing not to disclose unless authorized in writing to disclose the information or required to do so by The Texas Real Estate License Act or a court order or if the information materially relates to the condition of the property.

With the parties’ consent, a broker acting as an intermediary between the parties may appoint a person who is licensed under The Texas Real Estate License Act and associated with the broker to communicate with and carry out instructions of one party and another person who is licensed under that Act and associated with the broker to communicate with and carry out instructions of the other party.

If you choose to have a broker represent you,you should enter into a written agreement with the broker that clearly establishes the broker’s obligations and your obligations. The agreement should state how and by whom the broker will be paid. You have the right to choose the type of representation, if any, you wish to receive. Your payment of a fee to a broker does not necessarily establish that the broker represents you. If you have any questions regarding the duties and responsibilities of the broker, you should resolve those questions before proceeding.

INFORMATION ABOUT BROKERAGE SERVICESTexas law requires all real estate licensees to give the following information

about brokerage services to prospective buyers, tenants, sellers and landlords.

PROPERTY: 11815 Warfield Disclosure of agency, if any: The Broker named below represents [ ] Seller [ ] Buyer [X] Landlord [ ] Tenant

BROKER: REOC San Antonio

ACKNOWLEDGEMENT OF RECEIPT OF AGENCY DISCLOSURE FORM: I acknowledge I have received a copy of this form. I understand that agreements I may sign may affect or change agency relationships and that the broker may only represent both the Owner/Landlord and the Buyer/Tenant with their full knowledge and consent.

____________________________________________________________________________________ _____________________________________Owner (Landlord) or Buyer (Tenant) Date

Texas Real Estate Brokers and Salesmen are licensed and regulated by the Texas Real Estate Commission (TREC). If you have a question or complaint regarding a real estate licensee, you should contact TREC at P.O. Box 12188, Austin, Texas 78711-2188 or 512-465-3960.

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TREC Agency Disclosure

REOC General Partner, LLC

493853

[email protected]

N/A

Brian Dale Harris

405243

[email protected]

N/A

N/A

N/A

N/A

N/A

Blake McFarlane Bonner

334780

[email protected]

N/A

REOC San A

ntonio, 8023 Vantage D

r. Suite 1200 San Antonio, TX

782302105244000

2105244029Blake Bonner

IABS Form