1300 - 1302 West 2nd Street, Taylor, TX 76574

The Commercial (Retail Units 1 – 4) and Live-Works Units (A5 – A7) in each building are being marketed for lease. Below are the lease terms being offered.

1) Rental Rates - $35 to $40/sq. ft. of unit area depending on the unit.

2) Triple Net Expenses (NNN).

3) Landlord Paid Tenant Improvement (TI) Allowance to help finish out of the unit.

This will be based on the negotiated unit rental rate and the credit worthiness of the tenant. The tenant will have to provide additional TI funds to complete the finish out of the unit and secure a Certificate of Occupancy from the City of Taylor before the unit can be occupied.

As a first-generation tenant, the lease units can be customized to the tenant specifications. All building plans will have to be approved by the developer. The buildings are not set up for restaurant use, but the units can be finished out as a bar, coffee shop, or other food & beverage use that doesn't need a full kitchen.

The Building A units are the initial ones to be marketed. The chart also details some possible unit combinations that are available. Possible unit sizes range from a single unit of 589 sq. ft. to 3,555 sq. ft. depending on which units are combined.

The property is located on the northside of W. 2nd St., bounded by Vernon, Ferguson, and W. 3rd Streets. The City of Taylor is currently in hyper growth mode as the first phase of the Samsung Computer Chip Fabrication Plant is almost complete.

The Ferguson Condominium development will be completed in two phases. The first phase consists of two buildings (A-B) that will be situated along W. 2nd St.. The commercial units are Retail 1, 2, 3, & 4 and the live-work units are A5, A6, & A7 in both Buildings A & B. 1) Brick and masonry exterior wall cover 2) TPO roof cover 3) Signage opportunity on the main facade with blade signs allowed as well. 4) Aluminium triple pane windows and commercial grade doors. 5) Central Hot Water System 6) Fire Suppression Sprinkler System 7) 11' ceiling heights with 12' 4 1/4" of clearance between the unit floor and the bottom of the 2nd floor joists. 8) Each retail unit will have a small front patio for their use in front the unit 9) There will be commercial use parking along W 2nd St., Vernon St., and Ferguson St. 10) The buildings and the units are not set up for restaurant use. The units can be finished out as a bar, coffee shop, or other food & beverage use that doesn't need a full kitchen. 11) The units are being marketed for general retail. professional office and medical offices uses.