$3,250,000 | 7.21% cap...comprehensive end-to-end solution for their automotive needs, including the...

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NET LEASED INVESTMENT GROUP Pinnacle Plaza 3221 S SW Loop 323, Tyler, TX 75701 CBCNetLeasedGroup.com NET LEASED INVESTMENT GROUP LUBBOCK OFFICE 4924 S. Loop 289 Lubbock, TX 79414 806.793.0888 72% Leased Value Add Opportunity Below Market Rents 4 Buildings in Total Property has Loop 323 Frontage & Visibility 16.08% Before Tax IRR Traffic Counts Exceed 38,000 VPD Over $500,000 in Renovation in 2014 $3,250,000 | 7.21% CAP Exclusively Offered By: BEAU TUCKER, CCIM Land And Investment Specialist 806.784.3298 [email protected] JORDAN WOOD, CCIM Investment Sales Specialist 806.784.3224 [email protected]

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Page 1: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

NET LEASED INVESTMENT GROUP

Pinnacle Plaza3221 S SW Loop 323, Tyler, TX 75701

CBCNetLeasedGroup.com

NET LEASED INVESTMENT GROUPLUBBOCK OFFICE4924 S. Loop 289Lubbock, TX 79414806.793.0888

• 72% Leased• Value Add Opportunity• Below Market Rents• 4 Buildings in Total

• Property has Loop 323 Frontage & Visibility• 16.08% Before Tax IRR• Traffic Counts Exceed 38,000 VPD• Over $500,000 in Renovation in 2014

$3,250,000 | 7.21% CAP

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 2: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable.However, Coldwell Banker Commercial has not and will not verify any of this information, nor has Coldwell BankerCommercial conducted any investigation regarding these matters. Coldwell Banker Commercial makes no guarantee,warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of a single / multi-tenant property, it is the Buyer’s responsibility to independently confirm the accuracyand completeness of all material information before completing any purchase. This Marketing Brochure is not asubstitute for your thorough due diligence investigation of this investment opportunity. Coldwell Banker Commercialexpressly denies any obligation to conduct a due diligence examination of this Property for Buyer.

Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do notrepresent the current or future performance of this property. The value of a single / multi-tenant property to youdepends on factors that should be evaluated by you and your tax, financial and legal advisors.

Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation ofany single / multi-tenant property to determine to your satisfaction the suitability of the property for your needs. Likeall real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors mustrequest and carefully review all legal and financial documents related to the property and tenant. While the tenant’spast performance at this or other locations is an important consideration, it is not a guarantee of future success.Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may beset based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area.Returns are not guaranteed; the tenant and any guarantors may fail to pay the lease rent or property taxes, or may failto comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market,economic, environmental or other conditions. Regardless of tenant history and lease guarantees, Buyer is responsiblefor conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of anylongterm lease, including the likelihood of locating a replacement tenant if the current tenant should default orabandon the property, and the lease terms that Buyer may be able to negotiate with a potential replacement tenantconsidering the location of the property, and Buyer’s legal ability to make alternate use of the property.

By accepting this Marketing Brochure you agree to release Coldwell Banker Commercial and hold it harmless from anykind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this single-tenant property.

Table Of ContentsNET LEASED INVESTMENT GROUP

CBCNetLeasedGroup.com Exclusively Offered By:

CONTENTS

JORDAN WOOD, CCIMInvestment Sales [email protected]

BEAU TUCKER, CCIMLand And Investment [email protected]

Coldwell Banker Commercial hereby advises all prospective purchasers of Single/Multi-TenantNet Leased property as follows:

PROPERTY INFORMATION 3

LOCATION INFORMATION 11

FINANCIAL ANALYSIS 17

DEMOGRAPHICS 21

ADVISOR BIOS 25

NET LEASED DISCLAIMER

Page 3: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

JORDAN WOOD, CCIMInvestment Sales [email protected]

BEAU TUCKER, CCIMLand And Investment [email protected]

PROPERTY INFORMATION

1PROPERTY INFORMATION

Executive Summary

Tenant Profiles

Tenant Profiles

Tenant Profiles

Site Plan

Pinnacle Plaza

Additional Photos

SECTION 1:

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 4: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

PROPERTY OVERVIEWThe Net Leased Investment Group for Coldwell Banker Commercial is pleased to offer for sale thePinnacle Plaza Shopping Center in Tyler, Texas. This sale encompasses four buildings totaling 53,961Square Feet. Pinnacle Plaza has 27,000 SF of Loop 323 frontage broken into 9,000 square foot retailbuildings. There is 27,000 square feet of warehouse space located just behind the retail buildings.There are a total of 5 tenants occupying 72% of the leasable area. Located just off Loop 323, the centerhas unparalleled visibility and accessibility. Other area retailers include: Furniture Row, Wendy's, BurgerKing, Subway, Cash Store, Mattress Firm, Whataburger, Harbor Freight Tools, Brookshire's Grocery, andmany more.

LOCATION OVERVIEWThis property is located off of Loop 323. Loop 323 is a state highway loop that is 19.7 miles circling thecity of Tyler in Smith County. It is the easiest way to navigate around the city of Tyler.

PROPERTY HIGHLIGHTS• 72% Leased• Value Add Opportunity• Below Market Rents• 4 Buildings in Total

• Property has Loop 323 Frontage & Visibility• 16.08% Before Tax IRR• Traffic Counts Exceed 38,000 VPD• Over $500,000 in Renovation in 2014

PROPERTY SUMMARYSale Price: $3,250,000

Cap Rate: 7.21%

NOI: $234,204

Lot Size: 4.66 Acres

Building Size: 53,961 SF

Year Built: 1979

Renovated: 2014

Cross Streets: S SW Loop 323 & Spur 364

Traffic Count: 38,638

Executive SummaryNET LEASED INVESTMENT GROUP

Page 5: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

• Founded in 1992

• Operate over 144 Dealerships in the U.S.

• A+ BBB Rating

• Accredited Business

• Labeled one of the Fastest GrowingPrivate Companies in 2015

Tenant ProfilesNET LEASED INVESTMENT GROUP

DriveTime Used CarsFounded in 1992, DriveTime is the leading used vehicle retailer in the United States with a primary focus on the sale andfinancing of used vehicles and related products to the subprime market. DriveTime is a privately held company that operates afully integrated business model. Through our branded dealerships and loan servicing centers, we provide our customers with acomprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle.

DriveTime is the nation’s largest dealer helping people with credit issues purchase a great vehicle. Headquartered in Phoenix,Arizona, we operate over 144 dealerships across the country, with thousands of vehicles in stock. DriveTime has financed over895,000 people of all credit types. Their exclusive in-house financing options get their customers financed more often than otherdealerships, especially if they have no credit history or a bad credit history. These nearly limitless financing options allowcustomers to shop their massive 13,638 vehicle inventory for the exact used car, truck, van or SUV that best fits their needs.Vehicle quality and customer satisfaction is of the utmost importance to us.

We focus on giving our customers the ability to acquire used vehicles through six key activities:

VEHICLE ACQUISITION

VEHICLE RECONDITIONING AND DISTRIBUTION

VEHICLE SALES

UNDERWRITING AND FINANCE

LOAN SERVICING

AFTER SALE SUPPORT

TENANT HIGHLIGHTS

Page 6: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Tenant ProfilesNET LEASED INVESTMENT GROUP

Enterprise Rent-A-Car

Hertz Rent-A-Car

Generator Super Center

Enterprise Rent-A-Car is an ongoing American success story. Our guiding principles, and humble beginning, revolve aroundpersonal honesty and integrity. We believe in strengthening our communities one neighborhood at a time, serving our customers asif they were our family, and rewarding hard work. These things are as true today as they were when we were founded in 1957.Today,our massive network means Enterprise is the largest transportation solutions provider. We offer car, truck and motorcycle rentals, aswell as car sharing and car sales. We’re in over 30 countries with more than 7,200 locations. What does this mean to our customers?We're there when you need us.

In 1918, an ambitious pioneer of auto renting named Walter Jacobs began what is now known as The Hertz Corporation. He soldthe company to John D. Hertz in 1923 but remained a prominent figure in the company until his retirement in 1960. By 1925, Hertzwas generating annual revenues of about $1 million. In 2013, Hertz developed and expanded its portfolio of rental car brands, whichnow includes a broad range of varied offerings, both on and off airport, at approximately 10,300 locations across the globe. Thecombination of Hertz, Dollar, Thrifty and Firefly, creates the world's most diverse global car rental company.

Generator Supercenter is the company for all your generator needs. We provide high-quality models, have factory certifiedtechnicians for repairs and maintenance, and offer turnkey installations. We are the number #1 Generac dealer in the world and thelargest in Texas, as well. Our generator specialists have extensive training and experience working with a wide variety of makes andmodels. At Generator Supercenter, our customers are our first priority. We care more about forming solid relationships than earninga quick buck. We want to be your generator company for life. That is why we strive to exceed customer expectations – we’re notsatisfied until you are!

Page 7: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Tenant ProfilesNET LEASED INVESTMENT GROUP

Crossfit PopulaceCrossFit Populace opened it’s doors in June of 2014 with one purpose; to provide a fitness facility where members know they arevalued. We pride ourselves in providing an incredibly high value for our “Citizens,” as we like to call them. We do this by Investingtime and effort into creating precise and intentional program design. This means that workouts are never just “thrown together.”Instead, intense focus is given to each week’s programming, giving you maximum benefit. Throughout the week and even the

month, our workouts are designed to fit together like pieces of a puzzle to cover all areas while also preventing overlap(over-training/injury).

Page 8: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Site PlanNET LEASED INVESTMENT GROUP

Page 9: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

PINNACLE PLAZAThe Pinnacle Plaza Shopping Center has made significant strides to enhance the appeal of the center. Thecurrent owner has already completely renovated the retail portion of the shopping center in 2014. Therenovation included a complete overhaul of the face of the center. This included adding stonework, EIFS, newawnings, paint, expanding the parking lot, repaired/resealed roofs, resealing and re-striping the parking lot,and much more. The renovation included over $500,000 in upgrades.

VALUE ADD OPPORTUNITY

TRANSITION FROM MODIFIED GROSS TO NNN LEASES COULD INCREASE NOI BY $50,000, RAISING VALUE BY $600K+

Currently, two of the seven tenants in Pinnacle Plaza are on NNN leases. The remaining tenants are acombination of double net, single net, Modified gross, and full service lease structures. As the leases come up,there is significant value to be added by transitioning the leases into full NNN leases. Currently, as shown inthe Income & Expense section of this OM, the Landlord is being reimbursed approximately 28% of the NNNexpenses. By recovering the additional 72% of the NNN expenses, a landlord could add $50,000+ to their NOI,increasing the value of the center by $600K+.

CURRENT RATES ARE BELOW MARKETThe REIS Tyler Market Report for Q3 of 2016 shows that the average market rental rates for properties builtbetween 1970-1979 is $13.46. Any property built after 2009 has an average of $15.91. Though the propertywas built in 1979, it was completely renovated in 2014. The most recent lease that the landlord has secured hasbeen a NNN leases with a rental rate of $13.92/psf. This accounts for 33.53% of the retail portion of the center.The remaining 55.21% of the retail portion of the center is averaging $7.30/psf (excluding the warehouse andvacancies). The market indicates that rates should be between $14-$16/psf. When the leases come up andvacancies are filled, achieving the low end of $14/psf would allow the landlord to gain an additional $7.12/psfon 17,907 Sf. That is approximately $127k of additional rent and could increase the value by more than $1.5M.

Renovations / OpportunityNET LEASED INVESTMENT GROUP

Page 10: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Additional PhotosNET LEASED INVESTMENT GROUP

Page 11: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

LOCATION INFORMATION

2LOCATION INFORMATION

Tyler, Texas

Local Colleges

Regional Map

Aerial

Aerial

SECTION 2:

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 12: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

TYLER, TEXASSmith County was one of the many counties created by the first Texas Legislature in April of 1846. At that time,an area centrally located in the county and on a hilltop was selected as the county seat. The county seat wasnamed Tyler for President John Tyler, in recognition of his support for admitting Texas to the UnitedStates. Today,

Tyler has a population of more than 108,063 and covers 57.16 square miles. The city is considered themanufacturing, health care, educational and retail center of East Texas.

Tyler is a prosperous and growing city, offering big city amenities, while still maintaining its pleasant andfriendly small-town charm.

Located 90 miles east of Dallas on Interstate Highway 20, the city of Tyler lies within a short distance of severallakes and surrounding woodlands. Tyler has a variety of museums, historic homes, a nationally recognized zooand symphony. The city has 26 parks, 22 area sporting lakes, 66 tennis courts, 26 baseball fields, 15 soccerfields, and 9 golf courses. There are more than 250 restaurants, 2,200 hotel rooms and countless shops andantiques for the serious shopper.

Each spring enjoy mile after mile of azaleas, dogwood trees and spring flowers that you have to see to believeduring the annual Azalea and Spring Flower Trail. The breathtaking beauty of our Azalea and Spring FlowerTrail has been praised by visitors as a floral wonderland and a photographer's paradise.

In the fall, Tyler celebrates the rose with the annual Texas Rose Festival. Rich in heritage and tradition, theFestival offers enchanting ceremonial events including the Queen's Coronation, the Rose Show, the Queen'sTea, the Rose Parade and more. All of these events are amidst a backdrop of brilliant roses as vibrant andcolorful as the community they represent.” - https://www.cityoftyler.org

Tyler, TexasNET LEASED INVESTMENT GROUP

Page 13: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Local CollegesNET LEASED INVESTMENT GROUP

The University Of Texas At Tyler

Tyler Junior College

Texas College

The University of Texas at Tyler (also referred to as UT Tyler) is a coeducational public university located in Tyler, Texas, UnitedStates. Founded in 1971, it is a component institution of The University of Texas System.

UT Tyler consists of four professional colleges and one traditional college of arts and sciences, offering over 90 academic degreeprograms at the bachelor, master, and doctoral levels. The University of Texas at Tyler is accredited by the Southern Association ofColleges and Schools. The university has a fall 2015 student body enrollment of 8,862, a 20:1 student to faculty ratio, and a park-likecampus centered on Harvey Lake. - https://en.wikipedia.org/wiki/University_of_Texas_at_Tyler

Tyler Junior College is a two-year community college in Tyler, Texas, United States. TJC is one of the largest community colleges inTexas, with an enrollment of more than 12,000 credit students each year with an additional 20,000 continuing education enrollmentsannually. Its West Campus includes continuing education and workforce training programs. The College also operates satellitecenters in Jacksonville and Lindale. TJC offers Associate in Arts, Associate in Applied Science and Associate of Arts in Teachingdegrees, as well as tech prep and certificate programs. - https://en.wikipedia.org/wiki/Tyler_Junior_College

Texas College is an accredited historically black four-year college located in Tyler, Texas that is affiliated with the ChristianMethodist Episcopal Church and the United Negro College Fund. On January 9, 1894, Texas College was founded by a group ofministers affiliated with the Christian Methodist Episcopal (CME) Church, a predominantly black denomination. Texas College offersbachelor's degree programs in art, biology, business administration, computer science, English, education, history, mathematics,music, nursing, physical education, political science, liberal studies, social work and sociology. Also available are Associate of Artsdegrees in early childhood education and general studies, as well as an alternative certification teacher education program forpeople withbachelor's degrees.”-https://en.wikipedia.org/wiki/Texas_College

Page 14: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

3221 S SW Loop 323

Regional MapNET LEASED INVESTMENT GROUP

Page 15: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

AerialNET LEASED INVESTMENT GROUP

Page 16: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

AerialNET LEASED INVESTMENT GROUP

Page 17: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

FINANCIAL ANALYSIS

3FINANCIAL ANALYSIS

Rent Roll

Financial Summary

Income & Expenses

SECTION 3:

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 18: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

TENANTNAME

UNITNUMBER

UNITSIZE (SF)

LEASESTART

LEASEEND

ANNUALRENT

% OFGLA

PRICEPER SF/YR

Hertz 3215 2,900 2/22/05 4/30/18 $26,100 5.37 $9.00Crossfit 3217 6,000 5/1/14 4/30/19 $26,400 11.12 $4.40Enterprise Rent-a-Car 3221 3,000 11/1/04 10/31/19 $34,710 5.56 $11.57Generator Super Center 3223 3,007 12/1/15 11/30/17 $35,994 5.57 $11.97Vacant (Former Luxury Bath) 3225 3,000 $0 5.56 $0.00Drivetime 1 3227 9,054 1/30/14 1/29/24 $126,032 16.78 $13.92Drivetime 2 3235 15,000 7/20/16 1/29/24 $33,000 27.8 $2.20Vacant (Former Garage Junkies) 3247 12,000 $0 22.24 $0.00

Totals/Averages 53,961 $282,236 $5.23

Comments:

1. Hertz is on a Modified Gross Lease. They reimburse landlord for Taxes. Call Broker for Additional Details.

2. Crossfit only pays 20% of their Gross Sales as rent. This has averaged $2,200/month throughout their term.

3. Enterprise is on a Modified Gross lease. They reimburse landlord for Taxes and Insurance only. Contact Broker for Additional Details.

4. Generator Super Center is on a NNN Lease.

5. Luxury Bath is on a Gross Lease.

6. DriveTime is on a NNN Lease for their retail portion. The warehouse is on a gross lease. Contact Broker for Additional Details.

Rent RollNET LEASED INVESTMENT GROUP

Page 19: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

INVESTMENT OVERVIEW (PROFORMA) FINANCIAL SUMMARY

Value / Price $3,250,000Price per S.F. $60.23CAP Rate (Yr. 1) 7.21%Cash-on-Cash Return % (B/T, Yr. 1) 8.3%Internal Rate of Return (before tax) (10 yr. hold) 16.08

OPERATING DATA (PROFORMA) FINANCIAL SUMMARY

Gross Scheduled Rents (@ 72% Occ.) $282,236plus: Operating Cost Recoveries (@ 72% Occ.) $22,443plus: Other Income $1,326

Gross Income $306,005less: Operating Expenses - $71,801

Net Operating Income $234,204Net Operating Income (after Capital Reserves) $234,204

FINANCING DATA (PROFORMA) FINANCIAL SUMMARY

Value / Price $3,250,000Down Payment Amount ( 25%) $812,500Loan Amount ( 75%) $2,437,500Interest Rate 4.75%Amortization Term 25Debt Service (Annually) $166,759Debt Coverage Ratio (DCR) (Yr.1) 1.40Cash Flow (After Debt Service, B/T, Yr. 1) $67,452Cash-on-Cash Return % (B/T, Yr. 1) 8.3%

Financial SummaryNET LEASED INVESTMENT GROUP

Page 20: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

INCOME SUMMARY (PROFORMA) FINANCIAL SUMMARY

GROSS SCHEDULED RENTS (@ 78% OCC.) $282,236plus: Operating Cost Recoveries (@ 72% Occ.) $22,443plus: Other Income $1,326

GROSS INCOME (PROFORMA) $306,005

OPERATING DATA (PROFORMA) FINANCIAL SUMMARY

Management / Administrative (4%) $12,846Utilities $2,533Maintenance (Repairs, Lawn) $6,799Property Taxes $42,012Property Insurance $7,611

TOTAL OPERATING EXPENSES $71,801

NET OPERATING INCOME (PROFORMA) FINANCIAL SUMMARY

NET OPERATING INCOME $234,204

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Income & ExpensesNET LEASED INVESTMENT GROUP

Page 21: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

DEMOGRAPHICS

4DEMOGRAPHICS

Demographics -1 Mile

Demographics - 3 Mile

Demographics - 5 Mile

SECTION 4:

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 22: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

Census 2010 2016 20212,715 2,935 3,0511,244 1,347 1,402

700 758 7882.06 2.06 2.06445 469 492799 878 91037.1 38.4 38.5

Area State National0.78% 1.63% 0.84%0.80% 1.58% 0.79%0.78% 1.52% 0.72%0.96% 1.52% 0.73%

-1.03% 1.86% 1.89%

Number Percent Number Percent329 24.4% 334 23.8%189 14.0% 191 13.6%144 10.7% 194 13.8%209 15.5% 154 11.0%198 14.7% 153 10.9%107 7.9% 142 10.1%140 10.4% 195 13.9%

10 0.7% 12 0.9%21 1.6% 27 1.9%

$35,585 $33,796$49,459 $54,645$20,559 $22,407

2016 2021

Median HH IncomeAverage HH Income

$15,000 - $24,999$25,000 - $34,999

Per Capita Income

Average Household SizeOwner Occupied Housing UnitsRenter Occupied Housing Units

Trends

Households

$35,000 - $49,999$50,000 - $74,999$75,000 - $99,999$100,000 - $149,999$150,000 - $199,999$200,000+

Owner HHsMedian HH Income

<$15,000

Summary

Median Age

PopulationHouseholdsFamilies

PopulationHouseholdsFamilies

Demographics -1 MileNET LEASED INVESTMENT GROUP

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Page 23: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

Census 2010 2016 202132,504 33,908 35,11514,233 14,797 15,313

8,368 8,593 8,8372.25 2.26 2.26

7,184 7,026 7,2767,049 7,771 8,037

36.3 37.2 38.1

Area State National0.70% 1.63% 0.84%0.69% 1.58% 0.79%0.56% 1.52% 0.72%0.70% 1.52% 0.73%1.17% 1.86% 1.89%

Number Percent Number Percent2,133 14.4% 2,250 14.7%1,919 13.0% 1,964 12.8%1,674 11.3% 1,960 12.8%2,178 14.7% 1,624 10.6%2,643 17.9% 2,377 15.5%1,679 11.3% 2,094 13.7%1,407 9.5% 1,697 11.1%

500 3.4% 590 3.9%664 4.5% 757 4.9%

$45,608 $48,328$66,930 $72,230$29,075 $31,282

2016 2021

Median HH IncomeAverage HH Income

$15,000 - $24,999$25,000 - $34,999

Per Capita Income

Average Household SizeOwner Occupied Housing UnitsRenter Occupied Housing Units

Trends

Households

$35,000 - $49,999$50,000 - $74,999$75,000 - $99,999$100,000 - $149,999$150,000 - $199,999$200,000+

Owner HHsMedian HH Income

<$15,000

Summary

Median Age

PopulationHouseholdsFamilies

PopulationHouseholdsFamilies

Demographics - 3 MileNET LEASED INVESTMENT GROUP

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Page 24: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

Census 2010 2016 202196,609 101,541 105,53234,744 39,479 40,96423,915 24,832 25,658

2.48 2.5 2.520,709 20,555 21,20917,035 18,923 19,755

33.8 34.5 35.4

Area State National0.77% 1.63% 0.84%0.74% 1.58% 0.79%0.66% 1.52% 0.72%0.63% 1.52% 0.73%0.96% 1.86% 1.89%

Number Percent Number Percent5,786 14.7% 6,133 15.0%5,258 13.3% 5,350 13.1%4,597 11.6% 5,315 13.0%5,726 14.5% 4,412 10.8%6,529 16.5% 5,912 14.4%4,395 11.1% 5,405 13.2%3,895 9.9% 4,621 11.3%1,247 3.2% 1,475 3.6%2,045 5.2% 2,341 5.7%

$44,713 $46,899$68,529 $73,934$27,564 $29,581

2016 2021

Median HH IncomeAverage HH Income

$15,000 - $24,999$25,000 - $34,999

Per Capita Income

Average Household SizeOwner Occupied Housing UnitsRenter Occupied Housing Units

Trends

Households

$35,000 - $49,999$50,000 - $74,999$75,000 - $99,999$100,000 - $149,999$150,000 - $199,999$200,000+

Owner HHsMedian HH Income

<$15,000

Summary

Median Age

PopulationHouseholdsFamilies

PopulationHouseholdsFamilies

Demographics - 5 MileNET LEASED INVESTMENT GROUP

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Page 25: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

ADVISOR BIOS

5ADVISOR BIOS

Jordan Wood, CCIM

Beau Tucker, CCIM

Back Page

SECTION 5:

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Page 26: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

T 806.784.3224C [email protected]

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

Investment Sales Specialist

• Joined Coldwell Banker Commercial Rick Canup, Realtors in January 2012 as a Retail & Investment Sales Specialist• Member of Lubbock Association of Realtors• Licensed by the Texas Real Estate Commission

• #1 Coldwell Banker Commercial office in Texas for 2010, 2011, 2012, 2013, 2014, 2015, and 2016• #5 Coldwell Banker Commercial office nationally in 2012• #7 Coldwell Banker Commercial office nationally in 2013• #6 Coldwell Banker Commercial office nationally in 2014• #8 Coldwell Banker Commercial office nationally in 2015• #5 Coldwell Banker Commercial office nationally in 2016

• Certified Commercial Investment Member (CCIM)• Licensed By the Texas Real Estate Commission• Member of (ICSC) International Council of Shopping Centers• Graduate of Emerging Broker Training, 2012 Coldwell Banker• Member of Young Professionals of Greater Lubbock• Member of the Lubbock Association of Realtors, and National Association of Realtors.

• Commercial Retail Brokerage & Leasing• Shopping Center & Single Tenant Net Leased Asset Sales

• South Plains College, Levelland, Texas• Associate's Degree in Business• Emerging Broker Training

• EdR - Education Realty Trust 2400 Glenna Goodacre Blvd. Lubbock, TX - 22,000 SF• Tea2Go Corporate West Texas Locations• N3 Real Estate Lubbock, TX - 4 Locations• NetCo - Ray Bayat Lubbock, TX - Caprock Shopping Center

REAL ESTATE EXPERIENCE

AFFILIATIONS & AWARDS

REAL ESTATE EDUCATION & CIVIC ORGANIZATION

PRIMARY SPECIALTY

EDUCATION

NOTABLE CLIENTS — Current & Previous

JORDAN WOOD, CCIM

Jordan Wood, CCIMNET LEASED INVESTMENT GROUP

Page 27: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

Exclusively Offered By:CBCNetLeasedGroup.com

T 806.784.3298C 806.470.3944F [email protected]

Land And Investment SpecialistBEAU TUCKER, CCIM

Beau Tucker, CCIMNET LEASED INVESTMENT GROUP

Beau Tucker is a Certified Commercial Investment Member (CCIM) that specializes in all aspects of NNN Investment, build-to-suit and land sales.Beau represents a diverse body of tenants, developers and investors in a wide range of commercial retail, office, and mixed-use acquisitions anddispositions. Beau is a leading broker of shopping centers, net leased investment services and has become the #1 Land Brokerage in West Texas.Beau Tucker is a member of the International Council of Shopping Centers (ICSC) and a RECON attendee. Member of Urban Land Institute (ULI).Maintains a database of over 5,000 investors. Responsible for over $120,000,000 in land & investment inventory.

NNN Investment, Build-to-Suit and Land Sales

• #4 Coldwell Banker Commercial agent in United States - 2016• #6 Coldwell Banker Commercial agent in United States - 2015• #3 Coldwell Banker Commercial agent in United States - 2014• #5 Coldwell Banker Commercial agent in United States - 2013• #1 Coldwell Banker Commercial agent in Texas - 2016• #1 Coldwell Banker Commercial agent in Texas - 2015• #1 Coldwell Banker Commercial agent in Texas - 2014• #2 Coldwell Banker Commercial agent in Texas - 2013• #1 Coldwell Banker Commercial agent in Texas - 2012• Top %1 of all Coldwell Banker Commercial Affiliates internationally 2010-2016• Top Producer, Premier Circle of Distinction 2012 - 2016• Top Producer, 2011 Silver Circle of Distinction• Top Producer, 2010 Bronze Circle of Distinction• 2010 CBC Mentor/Protégé of the Year• Designated “CCIM” (Certifified Commercial Investment Member) by CCIM Institute - 2011• Graduate of Emerging Broker Training, 2010 Coldwell Banker Commercial

• Joined Coldwell Banker Commercial, Rick Canup Realtors, in May 2008 as a land, build-to-suit and investment specialist• Currently maintains over $120,000,000 in land and investment inventory• Represents more than 1,600 investors• Maintains an inventory of over 200 West Texas properties• Experienced in site selection, site disposition, build-to-suit marketing for land developers, and 1031 exchanges

• Chuy’s Mexican Food • Raising Cane's • Burger King • Popeye’s • Panda Express • Potbelly • Freddy’s • Sonic • Gatti’s Pizza • Dion’s Pizza • TacoVilla • Twisted Root Burger Co. • IHOP • Comet Cleaners • Caddis Development • Asset Plus • Subway • 7-Eleven • Stripes • Walgreens • CVS/pharmacy • Family Dollar • United Market Street • H-E-B • Zach’s Club • Hastings • Holiday Inn Express • Virginia College • Battery Joe • Kwik Kar• Mighty Wash • Monsanto • Chick-fil-A • Case & Associates • The NRP Group, LLC • Peoples Bank • 7B Building & Development • Edge Homes• George McMahan Development, LLC • CMS Properties • Realty Link • The Spectra Group, Inc. • Hunt Properties • Landmark Properties • KinProperties • Campus Crest • Leon Capital Group • Prosperity Bank • Walk-On's

WEST TEXAS TEAM

PRIMARY SPECIALTIES

AFFILIATIONS & AWARDS

REAL ESTATE EXPERIENCE

Notable Clients

Page 28: $3,250,000 | 7.21% CAP...comprehensive end-to-end solution for their automotive needs, including the sale, financing and maintenance of their vehicle. DriveTime is the nation’s largest

NET LEASED INVESTMENT GROUPLUBBOCK OFFICE4924 S. Loop 289Lubbock, TX 79414806.793.0888

Exclusively Offered By: BEAU TUCKER, CCIMLand And Investment [email protected]

JORDAN WOOD, CCIMInvestment Sales [email protected]

CBCNetLeasedGroup.com

NET LEASED INVESTMENT GROUP

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