Parkway Place Lubbock, LLC North & East Lubbock Community Development Corporation P.O. Box 3893 Lubbock, TX. 79452 Phone: (806) 747-1505 Fax: (806) 747-5934 mc_nelcdc@outlook.com Parkway Place Lubbock, LLC Tax ID: 26-4580355 Parkway Place Lubbock, LLC SOS File #: 0801088514 NELI, Inc. Tax ID: 26-2315661 NELI, Inc. SOS File #: 0800943066 The Parkway Place Plaza is managed by the corporate for-profit entity North & East Lubbock Investment, Inc. (NELI, Inc.), which is owned outright by the North & East Lubbock CDC. NELI, Inc. is also partial owner of the Parkway Place Plaza; the majority share holder is Gill Holdings, LLC. The relationship between the managing partner (NELI, Inc. via NELCDC) and all Parkway Place Plaza tenants is specified in the terms and conditions of each lease agreement executed by the leasing tenant and the landlord. Most lease agreements are established for terms of 5-10 years with renewal options. Depending upon space condition as well as our effort to meet the needs of potential tenants, lease terms and conditions may be negotiable. North & East Lubbock CDC Office located in the Lubbock Housing Authority (LHA) 1708 Crickets Ave. Lubbock, TX. 79401 Main Phone Line: (806) 747-5937 Executive Director Line: (806) 747-1505 Fax Line: (806) 747-5937 Monique Coleman Email: mc_nelcdc@outlook.com Please send all billing and/or correspondence to: Parkway Place Lubbock, LLC C/O: North and East Lubbock CDC P.O. Box 3893 Lubbock, TX. 79452 If Monique Coleman or her designee is unavailable, please call (806) 747-5937 and leave a detailed message. Please note all information provided herein is provided as a courtesy to give prospective tenants speculative calculations. Statements herein are not intended to establish the terms or conditions of a contractual agreement as the owner-partners may change or modify rates or leasing requirements. Please note the North & East Lubbock Community Development Corporation ( NELCDC ), via North & East Lubbock Investment, Inc. is the managing partner of Parkway Place Lubbock, LLC. As managing partner, NELCDC staff may be involved in the facilitation or execution of contracts, agreements, functions and/or activities pertaining to Parkway Place Lubbock, LLC
Franchise Tax Account Status As of: 07/22/2016 11:48:11 AM This Page is Not Sufficient for Filings with the Secretary of State Texas Taxpayer Number 32038295146 Mailing Address Right to Transact Business in Texas State of Formation Effective SOS Registration Date PARKWAY PLACE LUBBOCK, LLC 9806 QUAKER AVE LUBBOCK, TX 79424-8325 ACTIVE TX 02/20/ Texas SOS File Number 0801088514 Registered Agent Name Registered Office Street Address RAJEEV GILL 9806 QUAKER AVENUE LUBBOCK, TX 79424
Please note the North & East Lubbock Community Development Corporation ( NELCDC ), via North & East Lubbock Investment, Inc. is the managing partner of Parkway Place Lubbock, LLC. As managing partner, NELCDC staff may be involved in the facilitation or execution of contracts, agreements, functions and/or activities pertaining to Parkway Place Lubbock, LLC
Parkway Place Fee Schedule for Premier Clinic Vacancy (~2800 square ft.) Square Footage Of Premier Clinic Annual Base Rent Per Square Foot of Floor Area of Premises Total Monthly Base Rent Total Annual Base Rent 2800 $ 10.00 $ 2,333.33 $ 28,000.00 2800 $ 10.50 $ 2,450.00 $ 29,400.00 2800 $ 11.00 $ 2,566.67 $ 30,800.00 2800 $ 11.50 $ 2,683.33 $ 32,200.00 2800 $ 12.00 $ 2,800.00 $ 33,600.00 2800 $ 12.50 $ 2,916.67 $ 35,000.00 2800 $ 13.00 $ 3,033.33 $ 36,400.00 **Please note target lease rates are highlighted in green. Shorter lease terms may require greater cost per square foot. Property Services Parkway Place Lubbock, LLC employs a local landscape company to maintain the property. The company has a licensed irrigator so the managing entity has plans for beautification improvements in the near future. The Parkway Place Plaza sits on approximately a 4-acre tract of land. Building A 1824 Parkway Drive, is approximately 7,000 s.f. and Building B 1826 Parkway Drive,is approximately 12,934 s.f. Building A Building B Please note the North & East Lubbock Community Development Corporation ( NELCDC ), via North & East Lubbock Investment, Inc. is the managing partner of Parkway Place Lubbock, LLC. As managing partner, NELCDC staff may be involved in the facilitation or execution of contracts, agreements, functions and/or activities pertaining to Parkway Place Lubbock, LLC
Floor Plan (for the vacant Premier Clinic space) Please note the floor plan below is provided to show a layout of the vacant built-out space only. If a floor plan with dimensions is needed, that can be provided at a later date. Site visits may be arranged. Please note the North & East Lubbock Community Development Corporation ( NELCDC ), via North & East Lubbock Investment, Inc. is the managing partner of Parkway Place Lubbock, LLC. As managing partner, NELCDC staff may be involved in the facilitation or execution of contracts, agreements, functions and/or activities pertaining to Parkway Place Lubbock, LLC
Please note the North & East Lubbock Community Development Corporation ( NELCDC ), via North & East Lubbock Investment, Inc. is the managing partner of Parkway Place Lubbock, LLC. As managing partner, NELCDC staff may be involved in the facilitation or execution of contracts, agreements, functions and/or activities pertaining to Parkway Place Lubbock, LLC
2016 06/10/2016 R316848 Page 1 of 1 PARKWAY PLACE LUBBOCK LP (O0106481) ATTN MONIQUE COLEMAN PO BOX 3893 LUBBOCK,TX 79452 Current Owner Legal Description Exemptions Market PARKWAY TR B Entities CLB, GLB, HSP, SLB, WHP 1,657,086 1,657,086 Assessed 1824 &1826 PARKWAY DR. TX 79403 Situs Address Sales Date Volume Page Seller Name Imp HS Imp NHS Land HS Land NHS Ag Mkt Ag Use Tim Mkt Tim Use HS Cap Assessed History Information 2016 2015 2014 2013 $1,632,214 $24,872 - $1,657,086 $1,575,128 $24,872 - $1,600,000 $1,103,138 $24,872 - $1,128,010 $1,081,807 $24,872 - $1,106,679 Building Attributes Construction Foundation Exterior Interior Roof Flooring Heat/AC Baths Fireplace Year Built Rooms Bedrooms Land Segments SPTB Description Area Market Ag Value Type C MA MA LTS2 LTS1 CP1 Description Area Commercial MA - Main Area 7000 MA - Main Area 12416 LTS2 - Double Head Lig6 LTS1 - Single Head Ligh1 CP1 - Paving Concrete 15760 Improvements Year Built Eff Year Value $1,632,214 $429,380 $1,149,473 $8,976 $1,360 $43,025 F1 Commercial 165815.0000F 24,872 0