4
Commercial Real Estate Services Texas Specialists For Further Information Contact: Lem Miller (972) 462-7070 [email protected] Sandia Commercial Real Estate, L.L.C. P.O. Box 2549 Coppell, TX 75019 Office: (972) 462-7070 Fax: (972) 462-0262 www.SandiaTexas.com The information contained herein was obtained from sources believed reliable; however, Sandia Commercial Real Estate, L.L.C. makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice. PROPERTY SPECIFICATIONS LOCATION: SEC of Bush Turnpike & Midway Rd., Dallas, TX LAND AREA: 1.84 Acres BUILDING AREA: 5,595 Sq. Ft. - with 7 drive thru lanes ZONED: PD-449 Planned Development COMMENTS: This high-profile property offers redevelopment options for a multi-tenant building with retail, medical, and restaurant users or into two prospective QSR’S. The property is near a Kroger Grocery Store and Wal-Mart Supercenter and is large, at 1.84 acres, enhancing the multi-use options. Applebee’s, Walgreen’s, Aldi, Chase Bank, Starbuck’s, and Whataburger along with many national retailers & restaurants serve this high growth market of North Dallas. The property has excellent street presence with access off Midway Rd., 37 parking spaces that could be expanded, great signage, along with quick access to the Bush Turnpike. A great building in a great location. TRAFFIC COUNTS: Bush Turnpike: 132,338 vehicles per day (2014) Midway Rd.: 32,100 vehicles per day (2009) DEMOGRAPHICS: Radius Population Average HH Income 1 Mile 20,244 $74,478 3 Mile 113,013 $106,706 5 Mile 195,316 $107,405 SALE PRICE: $1,950,000. Bank Building for Sale 19024 Midway Rd. Dallas, TX, 75287

Bank Building for Sale - LoopNet...972 427070 LeSandiaTeas.o Sandia Coerial Real Estate, L.L.C. P.O. Bo 2549 Coell, TX 75019 Oe: 972 427070 Fa: 972 42022 The information contained

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Page 1: Bank Building for Sale - LoopNet...972 427070 LeSandiaTeas.o Sandia Coerial Real Estate, L.L.C. P.O. Bo 2549 Coell, TX 75019 Oe: 972 427070 Fa: 972 42022 The information contained

Commercial Real Estate Services

Texas Specialists

For Further Information Contact:

Lem Miller(972) [email protected]

Sandia Commercial Real Estate, L.L.C.

P.O. Box 2549 Coppell, TX 75019

Office: (972) 462-7070 Fax: (972) 462-0262 www.SandiaTexas.com

The information contained herein was obtained from sources believed reliable; however, Sandia Commercial Real Estate, L.L.C. makes no guarantees, warranties or representations as to thecompleteness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice.

PROPERTY SPECIFICATIONS

LOCATION: SEC of Bush Turnpike & Midway Rd., Dallas, TX

LAND AREA: 1.84 Acres

BUILDING AREA: 5,595 Sq. Ft. - with 7 drive thru lanes

ZONED: PD-449 Planned DevelopmentCOMMENTS: This high-profile property offers redevelopment options for a multi-tenant

building with retail, medical, and restaurant users or into two prospective QSR’S. The

property is near a Kroger Grocery Store and Wal-Mart Supercenter and is large, at 1.84

acres, enhancing the multi-use options. Applebee’s, Walgreen’s, Aldi, Chase Bank,

Starbuck’s, and Whataburger along with many national retailers & restaurants serve this

high growth market of North Dallas. The property has excellent street presence with

access off Midway Rd., 37 parking spaces that could be expanded, great signage, along

with quick access to the Bush Turnpike. A great building in a great location.

TRAFFIC COUNTS:

Bush Turnpike: 132,338 vehicles per day (2014)

Midway Rd.: 32,100 vehicles per day (2009)

DEMOGRAPHICS:

Radius Population Average HH Income

1 Mile 20,244 $74,478

3 Mile 113,013 $106,706

5 Mile 195,316 $107,405

SALE PRICE: $1,950,000.

Bank Building for Sale19024 Midway Rd.Dallas, TX, 75287

Page 2: Bank Building for Sale - LoopNet...972 427070 LeSandiaTeas.o Sandia Coerial Real Estate, L.L.C. P.O. Bo 2549 Coell, TX 75019 Oe: 972 427070 Fa: 972 42022 The information contained

Commercial Real Estate Services

Texas Specialists

For Further Information Contact:

Lem Miller(972) [email protected]

Sandia Commercial Real Estate, L.L.C.

P.O. Box 2549 Coppell, TX 75019

Office: (972) 462-7070 Fax: (972) 462-0262 www.SandiaTexas.com

The information contained herein was obtained from sources believed reliable; however, Sandia Commercial Real Estate, L.L.C. makes no guarantees, warranties or representations as to thecompleteness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice.

Bank Building for Sale19024 Midway Rd.Dallas, TX, 75287

Page 3: Bank Building for Sale - LoopNet...972 427070 LeSandiaTeas.o Sandia Coerial Real Estate, L.L.C. P.O. Bo 2549 Coell, TX 75019 Oe: 972 427070 Fa: 972 42022 The information contained

Commercial Real Estate Services

Texas Specialists

For Further Information Contact:

Lem Miller(972) [email protected]

Sandia Commercial Real Estate, L.L.C.

P.O. Box 2549 Coppell, TX 75019

Office: (972) 462-7070 Fax: (972) 462-0262 www.SandiaTexas.com

The information contained herein was obtained from sources believed reliable; however, Sandia Commercial Real Estate, L.L.C. makes no guarantees, warranties or representations as to thecompleteness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions, prior sale or lease or withdrawal without notice.

Bank Building for Sale19024 Midway Rd.Dallas, TX, 75287

Site

Page 4: Bank Building for Sale - LoopNet...972 427070 LeSandiaTeas.o Sandia Coerial Real Estate, L.L.C. P.O. Bo 2549 Coell, TX 75019 Oe: 972 427070 Fa: 972 42022 The information contained

11

-2-2

01

5

TYP

ES O

F R

EAL

ESTA

TE

LIC

ENSE

HO

LDER

S:

A

BR

OK

ER is

re

spo

nsi

ble

fo

r al

l bro

kera

ge a

ctivi

tie

s, in

clu

din

g ac

ts p

erf

orm

ed

by

sale

s ag

en

ts s

po

nso

red

by

the

bro

ker.

A

SA

LES

AG

ENT

mu

st b

e s

po

nso

red

by

a b

roke

r an

d w

ork

s w

ith

clie

nts

on

be

hal

f o

f th

e b

roke

r.

A B

RO

KER

’S M

INIM

UM

DU

TIES

REQ

UIR

ED B

Y L

AW

(A

clie

nt

is t

he

pe

rso

n o

r p

arty

th

at t

he

bro

ker

rep

rese

nts

):

P

ut

the

inte

rest

s o

f th

e cl

ien

t ab

ove

all

oth

ers,

incl

ud

ing

the

bro

ker’

s o

wn

inte

rest

s;

In

form

th

e cl

ien

t o

f an

y m

ater

ial i

nfo

rmati

on

ab

ou

t th

e p

rop

erty

or

tran

sacti

on

rec

eive

d b

y th

e b

roke

r;

An

swer

th

e cl

ien

t’s

qu

esti

on

s an

d p

rese

nt

any

off

er t

o o

r co

un

ter-

off

er f

rom

th

e cl

ien

t; a

nd

Tr

eat

all p

arti

es

to a

rea

l est

ate

tran

sacti

on

ho

nes

tly

and

fai

rly.

A L

ICEN

SE H

OLD

ER C

AN

REP

RES

ENT

A P

AR

TY IN

A R

EAL

ESTA

TE

TRA

NSA

CT

ION

:

AS

AG

ENT

FO

R O

WN

ER (

SELL

ER/L

AN

DLO

RD

):

The

bro

ker

be

com

es

the

pro

per

ty o

wn

er'

s ag

en

t th

rou

gh a

n a

gre

em

en

t w

ith

th

e

ow

ner

, u

sual

ly i

n a

wri

tten

lis

tin

g to

sel

l o

r p

rop

erty

man

agem

ent

agre

em

ent.

An

ow

ner

's a

gen

t m

ust

per

form

th

e b

roke

r’s

min

imu

m

du

ties

ab

ove

an

d m

ust

in

form

th

e o

wn

er o

f an

y m

ater

ial

info

rmati

on

ab

ou

t th

e p

rop

erty

or

tran

sacti

on

kn

ow

n b

y th

e ag

ent,

in

clu

din

g in

form

atio

n d

iscl

ose

d t

o t

he

agen

t o

r su

bag

ent

by

the

bu

yer

or

bu

yer’

s ag

ent.

AS

AG

ENT

FOR

BU

YER

/TEN

AN

T: T

he

bro

ker

be

com

es

the

bu

yer/

ten

ant'

s ag

en

t b

y ag

ree

ing

to r

ep

rese

nt

the

bu

yer,

usu

ally

th

rou

gh a

w

ritt

en r

epre

sen

tati

on

agr

eem

ent.

A b

uye

r's

agen

t m

ust

per

form

th

e b

roke

r’s

min

imu

m d

uti

es a

bo

ve a

nd

mu

st in

form

th

e b

uye

r o

f an

y m

ater

ial i

nfo

rmati

on

ab

ou

t th

e p

rop

erty

or

tran

sacti

on

kn

ow

n b

y th

e ag

ent,

incl

ud

ing

info

rmati

on

dis

clo

sed

to

th

e ag

en

t b

y th

e se

ller

or

selle

r’s

agen

t.

AS

AG

ENT

FOR

BO

TH -

IN

TER

MED

IAR

Y:

To

act

as

an i

nte

rme

dia

ry b

etw

een

th

e p

arti

es

the

bro

ker

mu

st fi

rst

ob

tain

th

e w

ritt

en

ag

ree

men

t o

f ea

ch p

arty

to

th

e tr

ansa

ctio

n.

The

wri

tten

agr

eem

ent

mu

st s

tate

wh

o w

ill p

ay t

he

bro

ker

and

, in

co

nsp

icu

ou

s b

old

or

un

der

lined

pri

nt,

set

fo

rth

th

e b

roke

r's

ob

ligati

on

s as

an

inte

rmed

iary

. A b

roke

r w

ho

act

s as

an

inte

rmed

iary

:

M

ust

tre

at a

ll p

arti

es

to t

he

tran

sacti

on

imp

arti

ally

an

d f

airl

y;

May

, w

ith

th

e p

arti

es'

wri

tte

n c

on

sen

t, a

pp

oin

t a

diff

eren

t lic

ense

ho

lder

ass

oci

ated

wit

h t

he

bro

ker

to e

ach

par

ty (

ow

ner

and

bu

yer)

to

co

mm

un

icat

e w

ith

, pro

vid

e o

pin

ion

s an

d a

dvi

ce t

o, a

nd

car

ry o

ut

the

inst

ructi

on

s o

f ea

ch p

arty

to

th

e tr

ansa

ctio

n.

M

ust

no

t, u

nle

ss s

pec

ifica

lly a

uth

ori

zed

in w

riti

ng

to d

o s

o b

y th

e p

arty

, dis

clo

se:

that

th

e o

wn

er w

ill a

ccep

t a

pri

ce le

ss t

han

th

e w

ritt

en a

skin

g p

rice

;ᴑ

th

at t

he

bu

yer/

ten

ant

will

pay

a p

rice

gre

ater

th

an t

he

pri

ce s

ub

mitt

ed in

a w

ritt

en o

ffer

; an

dᴑ

an

y co

nfi

den

tial

in

form

atio

n o

r an

y o

ther

in

form

atio

n t

hat

a p

arty

sp

ecifi

cally

in

stru

cts

the

bro

ker

in w

riti

ng

no

t to

dis

clo

se, u

nle

ss r

equ

ired

to

do

so

by

law

.

AS

SUB

AG

ENT:

A l

ice

nse

ho

lde

r ac

ts a

s a

sub

age

nt

wh

en

aid

ing

a b

uye

r in

a t

ran

sacti

on

wit

ho

ut

an a

gre

em

en

t to

re

pre

sen

t th

e b

uye

r. A

su

bag

ent

can

ass

ist

the

bu

yer

bu

t d

oes

no

t re

pre

sen

t th

e b

uye

r an

d m

ust

pla

ce t

he

inte

rest

s o

f th

e o

wn

er fi

rst.

TO A

VO

ID D

ISP

UT

ES, A

LL A

GR

EEM

ENTS

BET

WEE

N Y

OU

AN

D A

BR

OK

ER S

HO

ULD

BE

IN W

RIT

ING

AN

D C

LEA

RLY

EST

AB

LISH

:

The

bro

ker’

s d

uti

es a

nd

res

po

nsi

bili

ties

to

yo

u, a

nd

yo

ur

ob

ligati

on

s u

nd

er t

he

rep

rese

nta

tio

n a

gree

men

t.

Wh

o w

ill p

ay t

he

bro

ker

for

serv

ice

s p

rovi

ded

to

yo

u, w

hen

pay

men

t w

ill b

e m

ade

and

ho

w t

he

pay

men

t w

ill b

e ca

lcu

late

d.

LIC

ENSE

HO

LDER

CO

NT

AC

T IN

FOR

MA

TIO

N:

This

no

tice

is b

ein

g p

rovi

de

d f

or

info

rmati

on

pu

rpo

ses.

It d

oe

s n

ot

cre

ate

an

ob

ligati

on

fo

r yo

u t

o u

se t

he

bro

ker’

s se

rvic

es. P

leas

e ac

kno

wle

dge

rec

eip

t o

f th

is n

oti

ce b

elo

w a

nd

ret

ain

a c

op

y fo

r yo

ur

reco

rds.

Info

rma

tio

n A

bo

ut

Bro

ke

rag

e S

erv

ice

s Te

xas

law

req

uir

es a

ll re

al e

sta

te li

cen

se h

old

ers

to g

ive

the

follo

win

g in

form

ati

on a

bo

ut

bro

kera

ge

serv

ices

to

pro

spec

tive

bu

yers

, ten

an

ts, s

elle

rs a

nd

lan

dlo

rds.

.

Des

ign

ated

Bro

ker

of

Firm

Li

cen

se N

o.

Emai

l P

ho

ne

Lice

nse

d S

up

ervi

sor

of

Sale

s A

gen

t/A

sso

ciat

e

Lice

nse

No

. Em

ail

Ph

on

e

Lice

nse

d B

roke

r /B

roke

r Fi

rm N

ame

or

Pri

mar

y A

ssu

med

Bu

sin

ess

Nam

e

Lice

nse

No

. Em

ail

Ph

on

e

Reg

ula

ted

by

the

Texa

s R

eal E

stat

e C

om

mis

sio

n

In

form

atio

n a

vaila

ble

at

ww

w.t

rec.

texa

s.go

v

I

AB

S 1

-0

Da

te

Bu

ye

r/T

ena

nt/

Se

ller/

Land

lord

In

itia

ls

Sale

s A

gen

t/A

sso

ciat

e’s

Nam

e

Lice

nse

No

. Em

ail

Ph

on

e

Sand

ia C

omm

erci

al R

eal E

stat

e, L

LC03

2981

8lem@sand

iatexas.com

972-46

2-70

70

Larc

hin

Enar

d M

iller

, Jr.

0329

818

lem@sand

iatexas.com

972-46

2-70

70

xxxx

xxxx

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xxxx

xxxx

xxxx

xxxx

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