Offering Summary

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Offering Summary OFFERING SUMMARY INVESTMENT OVERVIEW HFF is pleased to exclusively offer 5000 South Hulen (the “Property”), a 86,943 square foot shopping center located within the most established and recognized retail node in Fort Worth, Texas, adjacent to Hulen Mall. In addition to the Property’s unmatched location, 5000 South Hulen presents a complimentary mix of well-performing national and regional retailers. The Property features near-term value enhancement through potential mark-to-market opportunities, contractual rent steps, and lease-up of remaining vacant space. PROPERTY OVERVIEW Location: 5000 South Hulen Street Fort Worth, Texas Occupancy: 95.3% Size: 86,943 square feet Year Built: 2005 Acreage: 6.01 acres MAJOR TENANTS SF % OF GLA EXP. Barnes & Noble 25,002 28.8% Jun-20 Old Navy 16,786 19.3% Apr-20 Lane Bryant 4,859 5.6% May-21 Kincaid's Hamburgers 4,835 5.6% May-22 Other Tenants 30,691 35.3% Available 4,770 5.5% TOTAL 86,943 100.0% 2 INVESTMENT HIGHLIGHTS Waterside Mixed-Use Development Downtown Fort Worth Southwest Crossing The Shops at Clearfork Cityview Centre Ridglea Hills Avg Home Value $360,000 Ridglea Country Club Estates Avg Home Value $375,000 City View Towne Crossing Fort Worth Country Day School Overton Park Plaza Chisholm Trail Ranch 600-Acre Mixed-Use Development Chisholm Trail Parkway (Toll Road) Hulen Mall Overton Ridge Hulen Fashion Center Shopping Center South Hulen Street Heritage Square TRAFFIC VPD COUNTS Hulen Street 42,200 Interstate 20 140,000 3 INVESTMENT HIGHLIGHTS IMMEDIATE UPSIDE POTENTIAL FORT WORTH’S MOST ESTABLISHED » The Property provides substantial near-term value-enhancement & RECOGNIZED RETAIL CORRIDOR opportunity through lease-up of existing vacancy, as the Property » Adjacent to Hulen Mall, one of Fort Worth’s most dominant shopping destinations. is currently 95% occupied. » The immediate Chisholm Trail Pkwy / I-20 corridor encompasses over 3-million-square-feet » Value creation also exists with approximately 65% of the tenants of retail space that is 97% leased, making it the prominent regional retail node in Ft. Worth. at the Property have fixed-rate options. » Due to the strength of Hulen Mall, a multitude of ancillary shopping centers and big box retailers have also entered the local marketplace including Costco, Super Target, WalMart, HIGH IDENTITY LOCATION as well as numerous other popular national and local store fronts. » 5000 South Hulen’s mall-peripheral location, significant frontage, convenient access, and excellent visibility provides a superior identity to other shopping centers within the region. » The highly traveled thoroughfares, Hulen Street and Interstate 20, collectively provide visibility to over 182,000 VPD. EXCEPTIONAL DEMOGRAPHICS » Within a 5-mile radius there are 273,238 residents (106,038 households) with an average household income of $82,765, resulting in over $8.7 billion of spending power. 1-MILE 3-MILE 5-MILE POPULATION 2017 Estimate 11,191 105,228 273,238 Growth 2017 - 2021 1.7% 1.9% 1.9% Growth 2010 - 2017 0.8% 0.9% 1.3% HOUSEHOLDS 2017 Estimate 5,685 45,788 106,038 Growth 2017 - 2021 1.4% 1.5% 1.5% Growth 2010 - 2017 0.5% 0.9% 1.2% INCOME 2017 Est. Avg. HH Income $61,272 $89,034 $82,765 4 INVESTMENT HIGHLIGHTS FORT WORTH OVERVIEW » Over the past 15 years, Fort Worth has established itself as one of the leading economies in the Southern United States due to its’ high quality of life, central location, low cost of living, excellent transportation infrastructure, and a business friendly environment » Currently, Fort Worth is ranked the 16th largest city in the nation and the 8th fastest growing city in the United States in 2015 according to Forbes » With a 35.25% population growth from 2000 to 2010, and an estimated population growth of 9.85% since 2010, the city of Fort Worth has experienced a true residential explosion. 5 Overton Ridge Blvd 200 236 228 224 204 212 R o 216 c k 300 Q 304 308 u VPD 42,200 a 316 r r y 328 R d Suite Tenant SF 100 Barnes & Noble 25,002 S Hulen St 108 Venus Nail Spa 3,649 116 Ideal Image 3,104 124 Available 3,782 128 Available 988 128 132 Lane Bryant 4,859 100 140 Old Navy 16,786 132 124 116 108 144 Spavia 2,741 148 144 140 Available 3,782 SF 148 Lemongrass Salon 2,726 Available 200 Al's Formalwear 950 204 Games Workshop 826 212 Sport Clips 937 216 Jamba Juice 923 224 Portrait Innovations 2,114 228 America's Best Contacts 3,185 236 Sprint 3,074 300 Potbelly Sandwich Works 2,321 304 North Texas Tollway Authority 1,661 308 Edible Arrangements 1,226 316 The Joint Chiropractic 1,254 328 Kincaid's Hamburgers 4,835 TOTAL SF 86,943 2323 Victory Avenue | Ste. 1200 ADDITIONAL INFORMATION Dallas, TX 75219 | hfflp.com If you have any questions or require additional information, please contact any of the individuals below. 214.265.0880 214.265.9564 HFF has been engaged by the owner of the property to market it for sale. Information concerning the property [properties] described herein has been RYAN SHORE Managing Director » [email protected] » (469) 232.1919 obtained from sources other than HFF, and neither Owner nor HFF, nor BARRY BROWN Senior Managing Director » [email protected] » (469) 232.1968 their respective equity holders, officers, employees and agents makes any representations or warranties, express or implied, as to the accuracy or JIM BATJER Senior Managing Director » [email protected] » (469) 232.1970 completeness of such information. Any and all reference to age, square footage, income, expenses and any other property specific information are approximate. AARON JOHNSON Associate Director » [email protected] » (469) 232.1987 Any opinions, assumptions, or estimates contained herein are projections only and used for illustrative purposes and may be based on assumptions or due PHOEBE BRENT Real Estate Analyst » [email protected] » (214) 692.4714 diligence criteria different from that used by a purchaser, and HFF, its partners, officers, employees and agents disclaim any liability that may be based upon DEBT CONTACT or related to the information contained herein. Prospective purchasers should DE’ON COLLINS Associate Director » [email protected] » (469) 232.1953 conduct their own independent investigation and rely on those results. The information contained herein is subject to change..
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