RETAIL PROPERTY FOR LEASE 529 FRY PLAZA · 20503 FM 529, CYPRESS, TX 77433 529 FRY PLAZA CHRIS...

20503 FM 529, CYPRESS, TX 77433

529 FRY PLAZA

CHRIS BROWNCHRIS BROWN MICHAEL LEMICHAEL LEInvestment Executive Investment Executive832.545.8555 832.427.0696cbrown@LE-commercial.com mlee@LE-commercial.com

FOR INFO:FOR INFO:

PRESENTED BYPRESENTED BY

RETAIL PROPERTY FOR LEASE

LE Commercial Real Estate | 11757 Katy Freeway, Suite 1300, Houston, TX 77079 | 713.996.8888 | le-commercial.com

© 2018, LE Realty Partners, LLC This information has been secured from sources webelieve to be reliable, but LE Realty Partners, LLC or any affiliated companies, notlimited to, all agents, independent associate, subsidiary, or employees make norepresentations or warranties, expressed or implied, as to the accuracy of theinformation. References to square footage or age are approximate. Buyer must verifythe information that bears all risk for any inaccuracies. This information is subject tochange without notice

OFFERING SUMMARYOFFERING SUMMARY

Available SF: 1,825 - 33,105 SF

Lease Rate: Negotiable

Lot Size: 1.72 Acres

Year Built: 2005

Building Size: 13,067

Renovated: 2016

Market: Houston

Submarket: West

Newly remodeled multi-tenant retail center with space available and a pad site for lease. The property has excellent streetvisibility and is surrounded by dense residential neighborhoods.

PROPERTY OVERVIEWPROPERTY OVERVIEW

PROPERTY HIGHLIGHTSPROPERTY HIGHLIGHTS

• Signalized intersection of FM 529 and Fry Road

• Shadow anchored by Fiesta Mart

• Excellent street frontage with 20,000+ VPD

DEMOGRAPHICSDEMOGRAPHICS

1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total Households 2,996 18,337 55,270

Total Population 10,368 63,084 184,706

Average HH Income $71,233 $74,022 $82,950

529 FRY PLAZA | 20503 FM 529, CYPRESS, TX 77433

LEASE RATE:LEASE RATE: NEGOTIABLE TOTAL SPACE:TOTAL SPACE: 1,825 - 33,105 SF

LEASE TYPE:LEASE TYPE: NNN LEASE TERM:LEASE TERM: 5 Years

SPACESPACE SPACE USESPACE USE LEASE RATELEASE RATE LEASE TYPELEASE TYPE SIZE (SF)SIZE (SF) TERMTERM COMMENTSCOMMENTS

Built to Suit Retail Pad Negotiable NNN 3,000 SF Negotiable

Ground Lease Retail Pad Negotiable NNN 33,105 SF Negotiable

Available Strip Center Negotiable NNN 1,825 SF Negotiable

POPULATIONPOPULATION 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total population 10,368 63,084 184,706

Median age 29.4 29.4 31.2

Median age (male) 28.3 28.4 30.0

Median age (Female) 30.0 30.2 32.0

HOUSEHOLDS & INCOMEHOUSEHOLDS & INCOME 1 MILE1 MILE 3 MILES3 MILES 5 MILES5 MILES

Total households 2,996 18,337 55,270

# of persons per HH 3.5 3.4 3.3

Average HH income $71,233 $74,022 $82,950

Average house value $137,347 $134,967 $137,914

* Demographic data derived from 2010 US Census

Information About Brokerage Services efore 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 represents 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.

Real estate licensee asks that you acknowledge receipt of this information about brokerage services for the licensee’s records. Buyer, Seller, Landlord or Tenant Date

Texas Real Estate Brokers and Salespersons 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.

01A TREC No. OP-K

Approved by the Texas Real Estate Commission for Voluntary Use

Texas law requires all real estate licensees to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.

RETAIL PROPERTY FOR LEASE 529 FRY PLAZA · 20503 FM 529, CYPRESS, TX 77433 529 FRY PLAZA CHRIS...

Documents

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