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Enterprise Rent-A-Car NNN Investment Sale: Conifer Real Estate | Principle. Passion. Perseverance | 75+ years of experience you can trust Property Highlights Enterprise Rent-A-Car Ground Lease NNN Ground Lease 426 Metro Park Dr Dallas/Fort Worth Metroplex McKinney, Texas 75071 Great DFW City Contact: Jordan Woolf Close to Downtown McKinney 817.343.7752 | [email protected] Low Price Point Investment List Price 6.75% $1,516,578 Cross Street Hwy 5 & Metro Park Dr Gross Operating Income $102,960 Year Built 1994/2020 Remodel Landlord Expenses* $591 Est Rent Commencement 8/1/2020 Net Operating Income $102,369 Initial Term Expiration* 7/31/2030 Building Square Feet 7,200 Land Acres 1.78 *Landlord required to carry $2,000,000 in CGL Insurance estimated to *Tenant has a termination option after 24 months. Tenant also put in cost $591 per year 100% of the cost to improve the property Demographics Lease Summary 1 Mile 3 Mile 5 Mile - 10 year primary term Population 5,741 46,789 102,260 - Four (4) Five (5) year options Business Population 4,684 29,947 42,198 - 7.5% Rent increases on options Average HH Income $61,768 $78,054 $103,190 - No Landlord Responsibility - Tenant paid for 100% of the remodel costs and parking lot addition The Tenant: Enterprise Rent-A-Car - Enterprise Rent-A-Car is a subsidiary of Enterprise Holdings (EHI) - 2019 Revenue was $25.9 Billion - EHI employs 100,000 people, operates in 90 countries, and has over 2 Million vehicles - EHI owns and operates 10,000 rental car locations worldwide under Enterprise Rent-A-Car, National Rent-A-Car and Alamo - EHI is ranked by Forbes as one of America's Largest Private Companies - EHI was founded in 1957 in St. Louis, Mo and is still privately held by the Jack Taylor Family - EAN Holdings is a wholly owned subsidiary of EHI and operates all of the Enterprise Rent-A-Car locations in the state of Texas NNN Investment Sale: Conifer Real Estate | Principle. Passion. Perseverance | 75+ years of experience you can trust Property Pictures Picture of Actual Property Representative Photo WORLD HEADQUARTERS Enterprise Holdings Inc. 600 Corporate Park Drive St. Louis, Missouri 63105 (314) 512-5000 enterpriseholdings.com Enterprise Holdings Inc. and its affiliate Enterprise Fleet Alamo Rent A Car Management together offer a total transportation alamo.com solution. Combined, these businesses – which include extensive car rental and carsharing services, truck Enterprise Rent-A-Car rental, corporate fleet management and retail car sales – enterprise.com accounted for $25.9 billion in revenue and operated more than 2 million vehicles in fiscal year 2019. National Car Rental nationalcar.com Enterprise Holdings – through its integrated global network of independent regional subsidiaries and franchises – operates the Enterprise Rent-A-Car, BUSINESS LINES National Car Rental and Alamo Rent A Car brands at Enterprise Car Sales more than 10,000 fully staffed neighborhood and enterprisecarsales.com airport locations in 100 countries and territories throughout the world. Enterprise Truck Rental Its affiliate, Enterprise Fleet Management, provides full- enterprisetrucks.com service fleet management to companies, government Enterprise CarShare agencies and organizations operating medium-sized enterprisecarshare.com fleets of 20 or more vehicles, as well as those seeking an alternative to employee reimbursement programs. Commute with Enterprise Enterprise Holdings is the largest car rental provider in commutewithenterprise.com the world as measured by revenue and fleet. Enterprise Zimride by Enterprise Holdings’ annual revenues also place it near the top of zimride.com the global travel industry, exceeding all other rental car companies, many airlines, and most cruise lines, hotels, Exotic Car Collection by Enterprise tour operators and online travel agencies. exoticcars.enterprise.com For information on Enterprise Holdings’ long-term Enterprise Flex-E-Rent commitment to corporate responsibility, visit flexerent.co.uk enterpriseholdings.com/csr. Enterprise Car Club enterprisecarclub.co.uk AFFILIATE Enterprise Fleet Management efleets.com ©2020 Enterprise Holdings Inc. as of 1/1/20 EXECUTIVES AWARDS Andrew C. Taylor Craig Kennedy • North American Candidate Experience Awards from EXECUTIVE CHAIRMAN SENIOR VICE PRESIDENT AND Talent Board, 2019 CHIEF PRODUCT DEVELOPMENT OFFICER Christine Taylor • No. 1 Entry Level Employer from PRESIDENT AND Kurt Kohler CollegeGrad.com, 2019 CHIEF EXECUTIVE OFFICER SENIOR VICE PRESIDENT, FLEET ACQUISITION AND REMARKETING, NORTH • Gold LearningElite organization from Chief Learning Jo Ann Taylor Kindle AMERICA Officer magazine, 2019 CHAIRPERSON, ENTERPRISE HOLDINGS FOUNDATION Rose Langhorst • National Car Rental, Enterprise Rent-A-Car and SENIOR VICE PRESIDENT AND Alamo Rent A Car named to The World’s Best Car Carolyn Kindle Betz TREASURER Rental Companies in Travel + Leisure magazine’s PRESIDENT, ENTERPRISE World’s Best Awards, 2019 HOLDINGS FOUNDATION Don Moore SENIOR VICE PRESIDENT, • LGBTQ Business Equality Excellence Award from Brice Adamson BUSINESS RENTAL SALES AND The Business Equality Network, 2018 EXECUTIVE VICE GLOBAL CORPORATE ACCOUNTS PRESIDENT, ENTERPRISE • Training Top 125 from Training magazine, 2018 FLEET MANAGEMENT Russ Willey SENIOR VICE PRESIDENT AND • Car Rental Partner of the Year from the American Randal Narike CHIEF INFORMATION OFFICER Society of Travel Agents (ASTA), 2018 EXECUTIVE VICE PRESIDENT, OPERATIONS William Withington • Zurich’s Supplier Accreditation Scheme, Gold SENIOR VICE PRESIDENT, Accreditation, 2018 David Nestor NORTH AMERICAN OPERATIONS EXECUTIVE VICE PRESIDENT, • Former CEO Pamela Nicholson named to Fortune GLOBAL OPERATIONS Anju Gupta magazine’s list of “America’s 50 Most Powerful VICE PRESIDENT, Women in Business” for past 13 years Rick Short DATA STRATEGY AND ANALYTICS EXECUTIVE VICE PRESIDENT AND Enterprise Holdings Inc. and its three brands have CHIEF FINANCIAL OFFICER Shelley Roither continually been recognized for customer service, VICE PRESIDENT, corporate responsibility efforts, employment Mike Andrew HUMAN RESOURCES SENIOR VICE PRESIDENT AND practices and policies, and overall leadership in the GENERAL COUNSEL Frank Thurman car rental industry. A comprehensive awards list is VICE PRESIDENT, MARKETING available at enterpriseholdings.com/en/awards. Steve Brackney SENIOR VICE PRESIDENT AND CHIEF ADMINISTRATIVE OFFICER GLOBAL REVENUE FY 2019 $25.9 billion FY 2018 $24.1 billion FY 2017 $22.3 billion FY 2016 $20.9 billion FY 2015 $19.4 billion Revenue includes Enterprise Fleet Management, which was spun off from Enterprise Holdings Aug. 1, 2011. ©2020 Enterprise Holdings Inc. as of 1/1/20 FAST FACTS Enterprise Rent-A-Car • Internationally recognized brand, known for • 100,000 employees*† affordable rates, neighborhood convenience and outstanding customer service, including picking • † 17,342 promotions, transfers and relocations in 2018* up local customers at no extra cost • More than 2 million vehicles* • Nearly 8,000 locations, including more than • More than 450 vehicle makes and models* 5,800 fully staffed neighborhood and airport branch offices – one located within 15 miles of • More than 10,000 fully staffed neighborhood and airport 90 percent of the U.S. population locations worldwide, including more than 6,400 in the U.S. alone • Offers customers a total transportation solution through its network of services including Enterprise • Operates in 100 countries and territories, including Fleet Management, Enterprise Car Sales, North America, Central America, South America, the Enterprise Truck Rental, Enterprise CarShare, Caribbean and Europe, as well as parts of Asia-Pacific Commute with Enterprise, Zimride by Enterprise, and the Middle East Exotic Car Collection by Enterprise, Enterprise Car • Processes more than 72 million car rental and car Club (U.K.) and Enterprise Flex-E-Rent (U.K.) sharing transactions globally every year • Official Partner of the National Hockey League • Enterprise, National and Alamo customers log more (NHL) and National Hockey League Players' than 30 billion miles annually, including approximately Association (NHLPA) 1 billion miles traveled for one-way trips • Ranked by Forbes as one of America’s Largest Private National Car Rental Companies • Premium, internationally recognized brand serving *includes affiliate Enterprise Fleet Management the daily rental needs of frequent airport travelers † employed by Enterprise Holdings and its network of seeking choice, convenience and time savings for independent regional subsidiaries personal and business trips Alamo Rent A Car • Helped pioneer corporate-account business with Emerald Club, allowing for an expedited rental • Attracts value-oriented international and U.S. leisure process and counter bypass travelers looking for an easy and hassle-free rental experience • Official Partner and Official Rental Car of the Professional Golfers' Association (PGA) of America • Largest car rental provider to international travelers visiting North America • Official Car Rental Partner of 10 Major League • Operates more than 300 self-service kiosks at over Baseball (MLB) teams – Boston Red Sox, Chicago 75 U.S. locations Cubs, Houston Astros, Kansas City Royals, Los Angeles Angels, New York Mets, San Francisco • Official Rental Car of Walt Disney World® Giants, St. Louis Cardinals, Texas Rangers and Resort and Disneyland® Resort Washington Nationals • The Alamo Insiders loyalty program provides members a discount of 5 percent ©2020 Enterprise Holdings Inc. as of 1/1/20 COMPANY MILESTONES
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