ABSOLUTE NET SALE Prime Property

PROPERTY HIGHLIGHTS 6699 Riverside Drive, Las Colinas, Irving, TX 75039 · 11,902 SF

· Absolute Net - No Landlord Obligations

· Ten (10) Years, Starting at Date of Sale

· Two (2) Five Year Renewal Options at Fair Market Value

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 , TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

PRICING & FINANCIAL ANALYSIS

Offering Summary Lease Summary

Lease Term 10 Years Price $4,600,000 Lease Commencement Upon Close of Sale CAP Rate 6.75% Lease Expiration 10 Years Following Close of Sale

Net Operating Income (NOI) $309,452 Remaining Term 10 Years

Lease Type Absolute NNN Gross Leasable Area (GLA) 11,902 SF

Roof & Structure Tenant Land Area 1.7 Acres Increases 2% Annual

Year Built 2014 Options Yes

Guarantor Strong Personal Guarantor Options to Purchase No

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

Economic Data DEMOGRAPHICS

2017 Population Estimate - City of Irving 232,786

2015 Population - Census 236,607

Growth: 2000-2010 - Census 12.9%

2015 Dallas County Population - Census 2,553,385

Dallas/Fort Worth Metro (CMSA) Population - Census 7,102,796

COST OF LIVING The ACCRA Cost of Living Index measures relative price levels for consumer goods and services in participating areas. The average for all participating places, both metropoli- tan and nonmetropolitan, equals 100, and each participant’s index is read as a percent- age of the average for all places.

IRVING’S LARGEST EMPLOYERS · Aegis Communications Group Inc. · DFW International Airport · Microsoft Corp. · Roadway Express Inc. · Allstate Insurance Co. · Health Management Systems (HMS) · NEC Corporation of America · Verizon Communications · CITI · Irving ISD · Neiman Marcus Direct · Zale Corporation · City of Irving · Irving Mall · Nokia

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

Las Colinas

• Las Colinas is a 12,000-acre master-planned • Approximately 44,000 residents live in Las business and residential community in Colinas. There are 30 residential neigh- Irving, , near the center of the Dal- borhoods and 27 homeowner sub-associa- las-Fort Worth metropolitan area. The tions. development is a 10-minute drive from • More than 190 acres of parks and green- both DFW International Airport and Dallas belts, 17 miles of canal waterways and 10 Love Field. miles of riverside hiking and biking trails • Founded in September 1973 by Ben H. Carpenter, Las Colinas is contribute to the many recreational oppor- known worldwide for its quality and uniqueness. The concept has tunities and excellent quality of life in Las not been duplicated anywhere in the world. Colinas. • The property was originally the Caprenter’s Hackberry Creek • Education campuses in Las Colinas and the surrounding area in- Ranch, also referred to as “El Ranchito de Las Colinas”, or “the clude: The , North Lake Community College, little ranch of the hills”. Cistercian Preparatory School, The Highlands School and North • The development comprises 22.5 million square feet of office Hills Preparatory School. Las Colinas Elementary, La Villita Ele- space and 8.5 million square feet of light industrial and distribu- mentary (Carrollton/Farmers Branch ISD) and the Singley Acad- tion space. Retail space totals 1.3+ million square feet. emy (Irving ISD) are also in Las Colinas. • The Urban Center totals 960 acres and contains the world’s • Rich in amenities, Las Colinas has 26 hotels with over 4,300 largest equestrian sculpture located at Williams Square. The rooms, more than 100 restaurants, four 18-hole championship award-winning sculpture is one of the most frequently visited courses, three private clubs, and an equestrian center. tourist attractions in North Texas. • Las Colinas is served by superior highway systems which include • Las Colinas has a total taxable base of more than $6.1 billion and SH -114, SH-161, and I-635. is home to 2,000+ corporations including the world headquarters • Dallas Area Rapid Transit (DART) light-rail expansion was com- of Exxon, Kimberly-Clark, Fluor Corporation, Pioneer Natural Re- pleted in Las Colinas in 2012 and connected to the DFW Inter- sources and Zale Corporation. It also serves as the national and national Airport in 2014. regional headquarters to companies such as Nolia, Microsoft, NEC and Verizon. The employee base is over 100,000.

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

Retail Amenities

1. The Ranch at Las Colinas

2. Smashburger

3. Starbucks

4. Five Guys

5. In-N-Out Burger

6. Fast Furious Japanese Grill

7. Bread Zeppelin Salads

8. Snappy Salads

9. Home Goods

10. Half Price Books

16 11. Panera Bread 9 17 15 12 10 13 11 12. Wendy’s 14 13. Salata Las Colinas

14. Marble Slab Creamery 8 7 15. Chipotle Mexican Grill 5 6 4 16. Chick-fil-A

17. Applebee’s 3 2 1 ABSOLUTE NET SALE Prime Las Colinas Property

Tenant Information

iGrow Montessori believes in giving children the foundation they can take with them throughout their student years and then throughout their lives. Montessori early childhood education is the first phase in which their students are exposed to a school like home setting. The Pro- gram is both welcoming and fun, while stressing the fundamental, principles, and philosophy of the Montessori method of education estab- lished by Dr. Mari Montessori.

Their environments or classroom areas are set up in centers with specific functions in each. These centers enrich and develop children’s sense and allow for many mediums of learning through the use of special Montessori materials. The children can explore these on their own and also have the teacher’s guide and attention individually all day long.

Respect, cleanliness, order and concentration are the characteristics of their environments, in which self discipline and constructive activity, practical and academics go hand in hand.

A daily routine is setup to make children feel secure, confident and with a high regard for others. When children feel safe and secure in their surroundings, and have the freedom to choose and explore the work that each center offers them, they are able to excel, and develop very formative patterns of learning, socializing and feeling free to accept new ideas and to learn new concepts.

With all those factors at work, the students of iGrow Montessori receive a well rounded education by a professional, dedicated, trained and certified, Montessori Teachers and Caregivers.

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

SITE

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]

ABSOLUTE NET SALE Prime Las Colinas Property

SITE

3333 Lee Parkway Tel 214.461.4870 Daniel Miller Tyler Clutts Suite 400 Fax 469.206.0627 972.807.9545 214.461.4875 Dallas, TX 75219 www.rubiconrep.com [email protected] [email protected]