Northeast Corner Of Interstate 35E At Ovilla Road (FM 664) In Red Oak, TX ABOUT RED OAK, TEXAS Red Oak, Texas is located in North Ellis County, approximately 18 miles south of Dallas. Red Oak is located along Interstate 35 E at E Ovilla Road (FM 664). The population in Red Oak increased from 4,310 in 2000 to 10,769 in 2010. A population increase of 150%. The North Central Council of Governments projects by the year 2030, Red Oak's population will grow to 63,329. This is a 588% population growth for Red Oak. PROPERTY INFORMATION BUILDING SIZE: Building 1 4,200 SF Building 2 13,000 SF LEASE RATES: Building 1 - $48/SF/YR NNN Building 2 - $26/SF/YR NNN TI ALLOWANCES: Building 1 - $48 per SF Building 2 - $30 per SF TRAFFIC COUNTS: 72,141 VPD Interstate 35E 28,255 VPD Ovilla Road
Area Retail Map Area Retail Map The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 3
X G NORTH 0 80 160 GRAPHIC SCALE AS SHOWN No. Date Revisions App. VAN IMAGES XREFS XREF xsurvey - XREF x1117 -XREFxSite PLOTTED BY RUSHING, SCOTT 2/23/2017 11:53 AM DWG NAME K:\FRI_CIVIL\69321200-CHICK-FIL-A (OVILLA)\DWG\EXHIBITS\EXHIBIT B - LA QUINTA\EXHIBIT B - 20170222.DWG LAST SAVED 2/22/2017 3:31 PM X STOP BM#213 1" = 80' Scale: KHA Designed by: EXHIBIT B OVILLA CORNER II RED OAK, TX 75154 KHA Drawn by: KHA Checked by: SHEET 2/23/2017 Date: EXHIBIT B 069321200 Project No.
Residential Development Map Residential Development Map The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 5
Area Maps Area Maps The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 7
Demographics Demographics POPULATION 1 MILE 3 MILES 5 MILES TOTAL POPULATION 2,918 17,156 38,289 MEDIAN AGE 31.4 32.7 33.3 MEDIAN AGE (MALE) 32.9 33.8 32.0 MEDIAN AGE (FEMALE) 30.9 32.5 34.4 HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES TOTAL HOUSEHOLDS 936 5,596 12,746 # OF PERSONS PER HH 3.1 3.1 3.0 AVERAGE HH INCOME $71,030 $74,984 $74,841 AVERAGE HOUSE VALUE $138,890 $138,562 $151,369 RACE 1 MILE 3 MILES 5 MILES % WHITE 80.4% 78.1% 62.4% % BLACK 9.2% 12.5% 27.1% % ASIAN 0.0% 0.2% 0.7% % HAWAIIAN 0.0% 0.0% 0.1% % INDIAN 1.5% 1.2% 0.8% % OTHER 7.6% 6.9% 7.5% ETHNICITY 1 MILE 3 MILES 5 MILES % HISPANIC 22.3% 21.1% 20.8% * Demographic data derived from 2010 US Census The or accuracy information thereof. contained The presentation herein was obtained on this from property sources is believed submitted reliable; subject however, to errors, Moody omission, Rambin makes changes no guarantees, of price, or conditions, warranties or prior representations to sale or lease, to the or withdrawal completeness without or accuracy notice. thereof. The 8
Information About Brokerage Services Texas law requires all real estate license holders to give the following informa on about brokerage services to prospec ve buyers, tenants, sellers and landlords. 11-2-2015 TYPES OF REAL ESTATE LICENSE HOLDERS:. A BROKER is responsible for all brokerage ac vi es, including acts performed by sales agents sponsored by the broker. A SALES AGENT must be supervised by a broker to perform any services 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 informa on about the property or transac on received by the broker; Answer the client s ques ons and present any offer to or counter-offer from the client; and Treat all par es to a real estate transac on honestly and fairly. A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION: AS AGENT OR SUBAGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a wri en lis ng to sell or property management agreement. A subagent represents the owner, not the buyer, through an agreement with the owner s broker. An owner's agent must perform the broker s minimum du es above and must inform the owner of any material informa on about the property or transac on known by the agent, including informa on 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 wri en representa on agreement. A buyer's agent must perform the broker s minimum du es above and must inform the buyer of any material informa on about the property or transac on known by the agent, including informa on disclosed to the agent by the seller or seller s agent. AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the par es the broker must first obtain the wri en agreement of each party to the transac on. The wri en agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obliga ons as an intermediary. A broker who acts as an intermediary: Must treat all par es to the transac on impar ally and fairly; May, with the par es' wri en 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 instruc ons of each party to the transac on. Must not, unless specifically authorized in wri ng to do so by the party, disclose: ᴑ that the owner will accept a price less than the wri en asking price; ᴑ ᴑ that the buyer/tenant will pay a price greater than the price submi ed in a wri en offer; and any confiden al informa on or any other informa on that a party specifically instructs the broker in wri ng not to disclose, unless required to do so by law. TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: The broker s du es and responsibili es to you, and your obliga ons under the representa on 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 no ce is being provided for informa on purposes. It does not create an obliga on for you to use the broker s services. Please acknowledge receipt of this no ce below and retain a copy for your records. MRIO, Inc. 542512 713-773-5500 Broker s Licensed Name or Primary Assumed Business Name Robert O. Cromwell, II Designated Broker s Name License No. 385561 License No. Email bcromwell@moodyrambinint.com Email Phone 713-773-5500 Phone Agent s Supervisor s Name License No. Email Phone 350464 713-572-3500 Sales Agent/Associate s Name License No. Email Phone Buyer/Tenant/Seller/Landlord Initials Regulated by the Texas Real Estate Commission Date Informa on available at www.trec.texas.gov IABS 1-0