Village Plaza at Bunker Hill #100 (DEMO)
Memorial City –
Village Plaza at Bunker Hill #100 (DEMO)
About This Space
Village Plaza at Bunker Hill is a 500,000 SF power center encompassing 45 acres along Houston Katy Freeway, at the northwest corner of I-10 and Bunker Hill, immediately across the freeway from Memorial City Mall. The property was developed in 2008 by Fidelis Realty Partners, representing the culmination of a five year, seven piece land assemblage that began in late 2003.
The property is anchored by a 126,000 SF HEB Grocery that ranks amongst the busiest grocery stores in the entire state. Additional anchors include an 86,000 SF Academy; a 65,000 SF Toys R U / Babies R Us Combo store; a 30,000 SF Sam Moon; a 28,000 SF Petsmart; and a 23,000 SF Comp USA.
In addition, the property features over 100,000 SF of restaurants, retailers, and service tenants. Notable restaurants include Olive Garden, Freebirds, Boudreaux’s, Five Guys, Genghis Grill, El Rey, Which Wich, as well as many others.
Due on Signing
Sales per SqFt$1300
Insurance RequiredYES - Insurance Required
- Best Buy
Signage and Decor
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Terms of Rental/Lease
Before 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