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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management 301 Medic Lane | Alvin, Texas Brad LyBrand | 281.477.4300 Former Medical Facility ±6.1748 Acres with 42,675 SF Medical Facility for Sale 6.15

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Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

301 Medic Lane | Alvin, Texas

Brad LyBrand | 281.477.4300

Former Medical Facility

±6.1748 Acres with 42,675 SF Medical Facility for Sale

6.15

Hamilton Square

±6.1748ACRES

Medic Lane

Dilling St.Sm

ith Dr.

Steele Rd.

N. Shirley St.

Dickinson Rd.

Rice St.

1960

6

90

90

36

36

105

90

36

6

99

249

249TOLLWAY

HCTRA

288

45

610

290

59

45

45

1010

Future

99

Future

99

99

99

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

TOLLWAY

HCTRA

59

Huntsville

Willis

TheWoodlands

Cleveland

Conroe

Tomball

Cypress

Pearland

HoustonHoustonKaty

301 Medic Lane | Alvin, Texas

Former Medical Facility

Demographics 1 Mile 3 Mile 5 MileActive Population 7,027 34,089 57,421Residential Count: 2,500 12,191 19,859Avg Household Income $56,339 $62,548 $74,860Growth Since 2010 Census 36.03% 30.11% 21.01%Source: USPS Postal Count, 3/17

This former medical facility is located at 301 Medic Lane in

Alvin, TX. The 42,675 SF facility was originally constructed

in 1965 and has had periodic updates throughout the life of

the building. The facility is composed of a steel structure

with tilt wall and stucco, central cooling and heating,

emergency power & fire protection.

Trade Area:

The 6.1748 acres is located off the northeast corner of

Business 35 & Highway 6, just 25 miles south of Houston

CBD, 12 miles south of Beltway 8, and 10 miles east of SH

288. The general trade area is mix of residential, commercial

and other healthcare providers.

Approximate Size: ±6.1748 Acres with 42,675

Price: $825,000

School District: Alvin ISD

Frontage: Approx. 500’ on Medic Lane

Approx. 300’ on Smith Drive

Utilities: Available

Restrictions: Restricted against certain medical uses.

Please inquire

5.17 | 5.17

Brad LyBrand713.438.9516 [email protected]

Westover Park

El Dorado

Sunmeadow

Canongate atMagnolia Creek

Brittany Lakes

Newport

ClaremontPark

West RanchLakeside

FriendswoodLakes

WildernessTrails

Mark Twain E.S.

SITE

W. P

arkw

ood

Ave.

Main St.

Algoa-Friendswood Rd.

Bay Area Blvd.

League City Pkwy.

301 Medic Lane | Alvin, Texas

Former Medical Facility

5.17 | 5.17

301 Medic Lane | Alvin, Texas

Former Medical Facility

Information About Brokerage Services

TYPES OF REAL ESTATE LICENSE HOLDERS:• ABROKERisresponsibleforallbrokerageactivities,includingactsper-

formedbysalesagentssponsoredbythebroker.• ASALESAGENTmustbesponsoredbyabrokerandworkswithclients

onbehalfofthebroker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the per-son or party that the broker represents):

• Puttheinterestsoftheclientaboveallothers,includingthebroker’sowninterests;

• Informtheclientofanymaterialinformationaboutthepropertyortrans-actionreceivedbythebroker;

• Answertheclient’squestionsandpresentanyoffertoorcounter-offerfromtheclient;and

• Treatallpartiestoarealestatetransactionhonestlyandfairly.

A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD):Thebrokerbecomesthepropertyowner’sagentthroughanagreementwiththeowner,usuallyinawrittenlistingtosellorpropertymanagementagreement.Anowner’sagentmustperformthebroker’sminimumdutiesaboveandmustinformtheownerofanymaterialinformationabouttheproertyortransactionknownbytheagent,includinginformationdisclosedtotheagentorsubagentbythebuyerorbuyer’sagent.

AS AGENT FOR BUYER/TENANT:Thebrokerbecomesthebuyer/tenant’sagentbyagreeingtorepresentthebuyer,usuallythroughawrittenrepre-sentationagreement.Abuyer’sagentmustperformthebroker’sminimumdutiesaboveandmustinformthebuyerofanymaterialinformationaboutthepropertyortransactionknownbytheagent,includinginformationdisclosedtotheagentbythesellerorseller’sagent.

AS AGENT FOR BOTH - INTERMEDIARY:Toactasanintermediarybetweenthepartiesthebrokermustfirstobtainthewrittenagreementofeachpartytothetransaction.Thewrittenagreementmuststatewhowillpaythebrokerand,inconspicuousboldorunderlinedprint,setforththebroker’sobligationsasanintermediary.Abrokerwhoactsasanintermediary:

• Musttreatallpartiestothetransactionimpartiallyandfairly;• May,withtheparties’writtenconsent,appointadifferentlicenseholder

associatedwiththebrokertoeachparty(ownerandbuyer)tocommuni-catewith,provideopinionsandadviceto,andcarryouttheinstructionsofeachpartytothetransaction.

• Mustnot,unlessspecificallyauthorizedinwritingtodosobytheparty,disclose:• thattheownerwillacceptapricelessthanthewrittenaskingprice;• thatthebuyer/tenantwillpayapricegreaterthanthepricesubmitted

inawrittenoffer;and• anyconfidentialinformationoranyotherinformationthatapartyspe-

cificallyinstructsthebrokerinwritingnottodisclose,unlessrequiredtodosobylaw.

AS SUBAGENT:Alicenseholderactsasasubagentwhenaidingabuyerinatransactionwithoutanagreementtorepresentthebuyer.Asubagentcanassistthebuyerbutdoesnotrepresentthebuyerandmustplacetheinterestsoftheownerfirst.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BRO-KER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:•Thebroker’sdutiesandresponsibilitiestoyou,andyourobligationsundertherepresentationagreement.•Whowillpaythebrokerforservicesprovidedtoyou,whenpaymentwillbemadeandhowthepaymentwillbecalculated.

LICENSE HOLDER CONTACT INFORMATION:Thisnoticeisbeingprovidedforinformationpurposes.Itdoesnotcreateanobligationforyoutousethebroker’sservices.Pleaseacknowledgereceiptofthisnoticebelowandretainacopyforyourrecords.

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

LicensedBroker/BrokerFirmNameorPrimaryAssumedBusinessName

DesignatedBrokerofFirm

LicensedSupervisorofSalesAgent/Associate

SalesAgent/Associate’sName

LicenseNo.

LicenseNo.

LicenseNo.

LicenseNo.

Phone

Phone

Phone

Phone

Email

Email

Email

Email

Buyer/Tenant/Seller/LandlordInitials Date

RegulatedbytheTexasRealEstateCommission(TREC)|Informationavailableathttp://www.trec.texas.gov

The information herein is subject to errors or omissions and is not, in any way, warranted by NewQuest Properties or by any agent, independent associate or employee of NewQuest Properties. This information is subject to change without notice.

Leasing | Tenant Representation | Development | Land Brokerage | Acquisition | Property Management

8827 W. Sam Houston Parkway N. | Suite 200 | Houston, Texas 77040 | 281.477.4300

Home Asset, Inc., dba NewQuest Properties 420076 - (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

H. Dean Lane, Jr. 366134 [email protected] (281)477-4300

Rev. 05/23/17 mt