1800 E 6th Lease Packet (022115) - Pages09


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For Sale or For Lease

2nd-Generation Restaurant 1800 E 6th Street, 78702 4,450 SF

Donny Shanks, CCIM

Restaurant Site

Partner

512 653.6797

[email protected]

1800 East 6th Street is located in the “sweet spot” of the vibrant East 6th Street corridor, a rapidly expanding urban neighborhood. Area developments include a new casual Italian restaurant (Nuns and Lovers) being constructed next door; and one block away, the Eastside Village development (348 apartment units, 94,000 SF office space, 7,500 SF ground floor retail/restaurant spaces). An additional 2,200 multifamily units are also planned in the immediate area.

All information contained herein is deemed reliable but not guaranteed.

1800 E 6th Overview

Second Generation Restaurant 1800 E 6th Street Austin, TX 78702

Space Type: 2nd-Generation Restaurant

[formerly Dario’s]

Size: 4,450 SF

Sale Terms

Site Summary

Location

Offered At: Call for Pricing Co-op Broker Fee: 2%

• TOD Zoning

• East Austin - part of urban core

Lease Terms Rate: $27.00 / SF base rent + NN [taxes + insurance ≈ $6.50/SF]

-no zoning/use change or site plan

required for restaurant use

• 24 On-site Parking Spaces

-grandfathered for restaurant

parking requirements

Delivery: Building offered As-Is

[TI Allowance: $100,000]

Term: 12 years [first rent payment due six months after lease execution]

• Walkability Score: 83/100 [www.walkscore.com]

• Easy access to I-35 • Convenient location ~1.3 miles to Austin Convention Center ~1.6 miles to Texas State Capitol ~1.8 miles to UT Austin ~6.4 miles to Austin Bergstrom International Airport

Co-op Broker Fee: $40,000 fixed All information contained herein is deemed reliable but not guaranteed.

Donny Shanks | 512.653.6797 | [email protected]

1800 E 6th Neighborhood Spots 1800 E 6th

Dining 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. 21. 22. 23. 24. 25.

Angie’s Buckets Deli Buenos Aires Cafe Bufalina Pizza Capital City Bakery Casa Colombia Cenote Cisco’s Counter Café Counter Culture Cuvee Coffee East Side King East Side Showroom El Leon El Milagro Tortilla Gardner The Hightower Hot Mama’s Cafe Juan in a Million La Cazuela’s LaV Los Comales Los Huaraches Mettle Mr. Natural

26. The Original New Orleans 27. Papi Tino’s 28. Qui 29. Salt & Time 30. Short Stop 31. Silo on Seventh 32. Takoba 33. Tamale House East 34. Taquiera Chapala 35. Texas Coffee Traders 36. Vintage Heart Coffee 37. Wright Bros Brew & Brew 38. WuWu Sushi 39. Yellow Jacket Social Club

Entertainment 40. 41. 42. 43. 44. 45. 46. 47.

The Brixton The Eastern The Grackle Gourmand’s Neighborhood Pub Gypsy Lounge Hi Hat Public House Hotel Vegas The Liberty

49. 50. 51. 52. 53. 54. 55. 56. 57. 58. 59. 60.

Pine Street Station Rio Rita Scoot Inn Shangri La Sputnik St. Roch’s Bar Uncorked Tasting Room Violet Crown Social Club The Volstead Lounge Weather Up Whisler’s The White Horse

Retail 61. 62. 63. 64. 65.

Alff’s Downtown Florist Bird’s Barbershop Charm School Vintage Coco Coquette Dean Frederick Custom Jewelry 66. Encore Records 67. Farewell Books 68. Helm Boots 69. Maga La Boheme 70. Method Hair 71. Solid Gold

All information contained herein is deemed reliable but not guaranteed.

Donny Shanks | 512.653.6797 | [email protected]

1800 E 6th

1800 E 6th Nearby Planned Construction (Satellite View)

All information contained herein is deemed reliable but not guaranteed.

Donny Shanks | 512.653.6797 | [email protected]

1800 E 6th Floorplan [As-Built]

Not Drawn to Scale

All information contained herein is deemed reliable but not guaranteed.

Donny Shanks | 512.653.6797 | [email protected]

1800 E 6th Survey SAMFORD & ASSOCIATES LAND S U R V E Y I N G TEL: 441-5601 FAX: 441-5603

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1400 HILLSIDE TERRACE BUDA, TEXAS 78610

SURVEY PLAT

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= 1/2" IRON ROD FOUND o 1/2" CAPPED IRON ROD SET | STAMPED "RPLS 3693 " = IRON PIPE FOUND ® = OVERHEAD ELECTRIC -4r•4V— = WOOD FENCE A = MAG NAIL SET • - MAG NAIL FOUND CP - CONTROL POINT

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F. SIXTH STREET 66.6' ROW ASPHALT

NOTE: SEE LEASE IN VOLUME 4852, PG. 384 FOR TERMS & CONDITIONS AFFECTING THIS PROPERTY NOTE: THE MORSE & SMITH SUBDIVISION IS A RESUBDMSION OF SEVERAL LOTS IN THE RAYMOND A WH / TIS SUBDIVISION OF THE NORTH PART OF OUTLOT 6, DIVISION 'A'.CITY OF AUSVN.ASSET OUT IN VOLUME Z, PAGE 607, TRAVIS COUNTY DEED RECORDS. NEITHER PLAT SHOWS BEARINGS

ADDRESS: 1800 EAST SIXTH STREET, AUSTIN, TEXAS 78702 LEGAL DESCRIPTION •

LOTS 35 AND 36, OF MORSE & SMITH RESUBDMSION, LOTS 1-10 AND 12-17, PART OF OUTLOT 6, DIVISION "A", A SUBDIVISION IN THE CITY OF AUSTIN, TRAVIS COUNTY. TEXAS, ACCORDING TO THE MAP OR PLAT RECORDED IN VOLUME 3, PAGE 56, PLAT RECORDS OF TRAVIS COUNTY, TEXAS F I R M STATEMENT: ACCORDING TO FLOOD INSURANCE RATE MAP (FIRM) No. 48453C0465H, DATED 09/26/08 THIS PROPERTY IS LOCATED IN ZONE X, DEFINED THEREON AS "AREAS DETERMINED TO BE OUTSIDE THE 0.2% ANNUAL CHANCE FLOODPLAIN... ^ ™ ! DISCLAIMER: THIS STATEMENT AND THE F.I.R.M. FROM WHICH IT WAS DEVELOPED ARE F O R ^ N ' ^ ™ NATIONAL aOOD INSURANCE PROGRAM ONLY. THE F.I.R.M. "DOES NOT NECESSARILY IDENTIFY ALL A R E A S . ^ K T T O F L O O I ^ PARTICULARLY FROM LOCAL DRAINAGE SOURCES OF SMALL SIZE. OR ALL PLANIMETRIC FEATURES OUTSIDE SPECIAL FLOOD HAZARD AREAS. THE COMMUNITY MAP REPOSITORY SHOULD BE CONSULTED FOR POSSIBLE FLOOD HAZARD INFORMATION PRIOR TO THE USE OF THIS MAP FOR PROPERTY PURCHASE OR CONSTRUCTION PURPOSES . c

N

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CERTIFICATION

THE UNDERSIGNED DOES HEREBY CERTIFY TO THE PARTIES LISTED BELOW THAT THIS PLAT CORRECTLY REPRESENTS A SURVEY MADE UPON THE GROUND OF THE PROPERTY SHOWN HEREON, AND THAT THERE ARE NO ENCROACHMENTS OF VISIBLE IMPROVEMENTS, EXCEPT AS SHOWN HEREON, AND THAT THIS PROPERTY HAS ACCESS TO A PUBLIC ROADWAY EXCEPT AS SHOWN HEREON. PUBLIC RECORDS RESEARCH PROVIDED BY TITLE CO. LISTED BELOW.

BUYER: AC FINANCIAL, LLC SELLER: VILLASENOR FAMILY LIMITED PARTNERSHIP TITLE CO.: AUSTIN TITLE COMPANY PLAN No.: 140044k

GF#: AUT14001993 SURVEY DATE:

03 / 28 / 14

M I CH» K S ^ t p > R ^ i & #l ' . S . 3693 |© 2014 Som?^& Associates, Inc.l

All information contained herein is deemed reliable but not guaranteed.

Donny Shanks | 512.653.6797 | [email protected]

Information About Brokerage Services

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.

10-10-11

Information About Brokerage Services

B

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 , 512-936-3000 (http://www.trec.texas.gov)

(TAR-2501) 10-10-11

TREC No. OP-K

ROLAND GALANG, BROKER 904 West Avenue Austin, TX 78701 Phone: 512-791-1584 Fax: 512-532-0662 Roland Galang Produced with ZipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026

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Donny Shanks | 512.653.6797 | [email protected]