Belt Line Rd 63,625 VPD

Proposed Cotton Belt Commuter Rail

SITE

Belt Line Rd

Mid

wa

y R

d

31

,03

2 V

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5,183 VPD Lindbergh Dr

55

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Lindbergh Dr

Billy Mitchell Dr

Wiley Post Rd 23

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7 V

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Wiley Post Rd

Arapaho Rd 7,860 VPD

Beltway Dr

Beltway Dr

ADDISON GROUND LEASE OPPORTUNITY

AVAILABLE 15200 MIDWAY RD, ADDISON, TX 75001

Exclusively Offered By:

Ty Underwood

214-520-8818 ext. 4

Fax: 214-520-8815

tyunderwood@sljcompany.com

SLJ COMPANY, LLC 4311 W. Lovers Lane, Suite 200

Dallas, TX 75209

214-520-8818

TABLE OF CONTENTS 15200 MIDWAY RD | 1

I. 2 AERIAL PHOTOGRAPHS

II. 4 PROPERTY PHOTOGRAPHS

III. 7 PROPERTY PROFILE

IV. 8 EXECUTIVE SUMMARY

V. 9 SURVEY

VI. 10 PROPOSED SITE PLAN

VII. 11 LOCATION MAP

VIII. 12 DEMOGRAPHICS

IX. 13 AREA INFORMATION

X. 15 DISCLAIMER & DISCLOSURE

SITE

AERIAL PHOTOGRAPH 15200 MIDWAY RD | 2

The Fairhill School

51

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Springs Rd

Quorum Park

Jerry R Junkins Elementary

School

Rail

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55

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31,194 VPD Spring Valley Rd 22,812 VPD Spring Valley Rd

39,063 VPD

7,860 VPD

22,840

23,255 VPD

12,463 VPD Keller Springs Rd

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2

3,6

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33,771 VPD

Belt Line Rd 63,625 VPD Belt Line Rd 37,313 VPD Belt Line Rd

9,8

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SITE

Wagging Tail Dog Park

Keller Springs

Park

Addison Circle Park

Spruill Park

Les Lac Park

Anne Frank Elementary

School

Celestial Park

Prestonwood Country

Club

Winwood Park

Bert Fields Park

Bicentennial Park

Winn Park

Greenhill School

George Herbert Walker Bush Elementary

School

Addison Town Park

AERIAL PHOTOGRAPH 15200 MIDWAY RD | 3

SUBJECT PROPERTY PHOTOGRAPHS 15200 MIDWAY RD | 4

15200 MIDWAY RD | 5

15200 MIDWAY RD | 6

PROPERTY PROFILE

LOCATION The subject property is located at the southeast corner of Midway Rd and Lindbergh Dr in Addison,

Texas. The Property is less than .2 miles from the Addison Airport and is in close proximity to

Addison’s many restaurants, offices, hotels and shopping destinations.

BUILDING AREA 30,000+/- square feet (2,000+/- square feet of office)

PARKING Truck Parks Approximately 70

Car Parks Approximately 19

Total Parking Spaces Approximately 89

CLEAR HEIGHT 15’-16’

LOADING Grade and Dock Level

LAND AREA 3.24 Acres (140,896 Square Feet)

*No minerals are included in the proposed transaction

LOT DIMENSIONS Frontage on Midway Rd Approximately 444’

Frontage on Lindbergh Dr Approximately 262’

ZONING Industrial-1 District (I-1)

TRAFFIC COUNTS Midway Rd 31,032 VPD (2012)

Lindbergh Dr 5,138 VPD (2012)

Arapaho Rd 7,860 VPD (2004)

15200 MIDWAY RD | 7

EXECUTIVE SUMMARY & HIGHLIGHTS

EXECUTIVE SUMMARY SLJ Company, LLC (“SLJ”) has been exclusively retained to offer this 3.24 acre ground lease

opportunity in Addison, Texas. Located west of the Dallas North Tollway, the site has high visibility

and exposure to strong traffic counts and many area traffic drivers. The Property is less than .2

miles from both Belt Line Rd, Addison’s vibrant retail corridor and the Addison Airport.

PROPERTY HIGHLIGHTS

EXCELLENT LOCATION Located on Midway Rd, just one block north of Belt Line Rd which enjoys a car count in excess of

60,000 vehicles per day, the Property sits on a major artery in Addison. This area near Belt Line

Rd and the Dallas North Tollway is the epicenter of shopping, dining and entertainment in North

Dallas. The Property benefits from it’s close proximity to major shopping destinations like Village

on the Parkway and Addison Walk. The Property is also directly adjacent to the proposed Cotton

Belt Commuter Rail which would potentially connect Shiloh Rd in Plano to CityLine and UTD in

Richardson, Addison Airport, Downtown Carrollton and DFW International Airport.

LARGE LOT & EXISTING WAREHOUSE BUILDING The Property enjoys a large 3.24 acre lot with high visibility and excellent frontage on both

Midway Rd and Lindbergh Dr. There is currently a 30,000+/- square foot warehouse building on

the Property which could be removed for a qualified lessee.

HIGH TRAFFIC COUNTS With approximately 31,032 vehicles per day on Midway Rd and an additional 5,183 and 7,860

vehicles per day on Lindbergh Dr and Arapaho Rd respectively, the Property offers excellent

exposure to vehicular traffic.

STRONG DEMOGRAPHICS With a population of approximately 8,950 and 138,506 living within a 1 and 3 mile radii of the

Property respectively, the Property benefits from a large pool of consumers in close proximity.

Additionally, the average household income within a 1 mile radius of the Property is $80,181.

MANY AREA TRAFFIC DRIVERS Retailers in close proximity including Whole Foods, Sam’s Club, Walmart, Barnes & Noble, Fogo

de Chao, Pei Wei and Olive Garden, among many others, make the Property a prime retail

location attracting a large group of consumers with disposable income.

15200 MIDWAY RD | 8

SURVEY 15200 MIDWAY RD | 9

29

9.0

4’

26

2.4

6’

203.77’

203.77’

270.00’

240.88’

Proposed Site B 60,935 SF

1.39 Acres

Proposed Site A 80,051 SF

1.84 Acres

PROPOSED SITE PLAN 15200 MIDWAY RD | 10

LOCATION MAP 15200 MIDWAY RD | 11

DEMOGRAPHICS

RADIUS 1 MILE 3 MILE 5 MILE

2014 Total Population 8,950 138,506 356,285

2014 Daytime Population 21,167 220,665 456,874

2014 Estimated Households 4,844 62,117 148,260

RADIUS 1 MILE 3 MILE 5 MILE

2014 Avg Household Income $80,181 $78,189 $80,478

INCOME

POPULATION

AGE

RADIUS 1 MILE 3 MILE 5 MILE

2014 Median Age Estimate 34 34 35

RACE AND ETHNICITY

RADIUS 1 MILE 3 MILE 5 MILE

2014 White Alone 68.25% 66.03% 66.95%

2014 Black Alone 9.46% 11.58% 10.56%

2014 American Indian/Alaska Native Alone 0.92% 0.63% 0.64%

2014 Asian Alone 6.61% 6.08% 6.33%

2014 Pacific Islander Alone 0.03% 0.05% 0.05%

2014 Other Race 11.52% 12.75% 12.56%

2014 Two or More Races 3.21% 2.89% 2.91%

2014 Hispanic Origin (Any Race) 27.96% 32.20% 32.35%

15200 MIDWAY RD | 12

ADDISON–CARROLLTON AREA

ADDISON AIRPORT Addison Airport is a public airport in Addison, in Dallas County, Texas. Located just nine miles north

of Downtown Dallas, this airport is a convenient option for North Texans in need of regional air travel.

The airport opened in 1954 and was purchased by the town of Addison in 1976. The Addison Airport

Toll Tunnel was completed in 1999 to allow east-west traffic to cross the airport under the runway.

Addison Airport covers 368 acres with one 7,202-by-100-foot concrete runway. In 2006 the airport

had 133,557 aircraft operations, average 365 per day and 774 aircraft were then based at the

airport. Three fixed-base operators are on the field, Atlantic Aviation, Landmark Aviation, and Million

Air. Charter services are available from a variety of companies, with Business Jet Solutions and

Bombardier FlexJet having large operations at the field. The airport is the headquarters of Ameristar

Air Cargo, GTA Air, and Martinaire, and also has scheduled freight flights from AirNet, Flight Express,

and Flight Development. The airport is a training hub, with primary to advanced flight instruction

available from American Flyers, ATP, Monarch Air, PlaneSmart! and Lone Star Flyers. Also, the

Addison Airport is home to the Cavanaugh Flight Museum, a popular tourist destination in Addison,

which offers formal and self-guided tours of their aircraft, armor and vehicle collections.

LIFESTYLE Because of Addison's overwhelmingly commercial atmosphere, residents of Addison enjoy a unique

lifestyle not common in other suburbs. In 2005, the town of Addison introduced a wireless Internet

network covering most of the town. Though use costs a nominal fee, the network works to drive

businesses and serves its residents. Residents and visitors can enjoy many Addison attractions.

There are special events in Addison 29 weekends of the year. The WaterTower Theatre produces

plays and musicals and hosts the annual Out of the Loop Festival. The Cavanaugh Flight Museum

houses a collection of aircraft since World War I. Addison Circle Park, built in the early 2000s, is a

venue for several seasonal outdoor events, such as the University of North Texas' North Texas Jazz

Fest, "Addison Artfest," Oktoberfest, and the food exposition "Taste of Addison". The Addison Improv

Comedy Club and Restaurant brings in some of the most acclaimed comedic talent in the region.

Addison is noted for being home to the original locations of both Texas de Brazil and Fogo de Chão,

two Brazilian Churrascaria franchises that are both in the midst of rapid national expansion. Addison

hosts one of the largest 4th of July fireworks shows, called Kaboom Town. Addison has one of the

most unique town centers in the country. Addison Circle is an urban plaza that features 2,020

multifamily units, 407 townhome/condo units, 550,000 square feet of office space and 75,000

square feet of retail space.

15200 MIDWAY RD | 13

ADDISON–CARROLLTON AREA

RETAIL AND RESTAURANTS Addison boasts a wide array of premier retail and restaurant destinations such as Village on the

Parkway and Addison Walk. Located in North Dallas’ epicenter along Belt Line Road and the Dallas

North Tollway, Village on the Parkway (VOP) has been an important part of the retail and restaurant

landscape in North Dallas since 1981. And now, taking its cue from the vibrant spirit of Addison and

Dallas, VOP is undergoing a dynamic transformation into a first class retail, entertainment and

dining district, heralding Whole Foods and AMC Theatres as its anchors along with numerous other

best- in -class retailers. With 381,000 square feet on over 25 acres, Village On The Parkway has

been a go-to center from its inception, catering to the largest suburban business concentration in

DFW, with over 187,000 professionals coming to work in the immediate market every day. Village

On The Parkway is providing a dynamic retail community and true sense of place for nearby

residents, office workers, and visitors. With its lush tree-lined streets, fountains, and numerous patio

dining options, VOP is a haven from a frantic work day, a shopping spree with friends, or the place to

spend the perfect evening celebrating life with special people.

Addison Walk is situated at the gateway to Addison and offers excellent visibility and accessibility to

everyone seeking to shop or eat in the Addison trade area. The recent renovation of Addison Walk

has brought this property to the next level. The trendy face lift which included new facades,

sidewalks, landscaping and signage served as a catalyst for re-tenanting this landmark site. Addison

Walk’s conventional layout and pedestrian friendly design has enabled it to not only effectively

service the heavy daytime population, but also helped to gear the center towards the younger and

hip Addison nightlife and clientele. Densely populated, affluent, residential communities are within

walking distance of the shopping center.

SCHOOLS The Carrollton-Farmers Branch Independent School District covers most of the cities of Carrollton

and Farmers Branch and parts of Addison, Coppell, Dallas, and Irving (including Valley Ranch and the

Northern part of Las Colinas). C-FB ISD has twenty-five elementary schools, six middle schools, four

high schools, and four education centers. On April 16, 2012, the school district began the process of

Limited Open Enrollment, allowing students living outside the boundaries of the school district to

apply to attend the district. In 2010 and 2011, the school district was rated "recognized" by the

Texas Education Agency. There are also a number of high quality Dallas ISD schools in the

immediate area for the areas of Carrollton and Addison not incorporated into C-FB ISD.

15200 MIDWAY RD | 14

The material contained in this Memorandum is

confidential, furnished solely for the purpose of

considering an investment in the properties

described herein, and is not to be used for any

other purpose, or made available to any other

person without the express written consent of

the SLJ Company, LLC. The material is based,

in part, upon information obtained from third

party sources, which SLJ Company, LLC deems

to be reliable. However, no warranty or

representation is made by SLJ Company, LLC or

its affiliates, agents, or representations as to the

accuracy or completeness of the information

contained herein. Prospective investors should

make their own investigations, projections, and

conclusions regarding this investment.

DISCLAIMER & DISCLOSURE 15200 MIDWAY RD | 15