Offering Memorandum

ACTUAL SITE 7604 N. I-35 FRONTAGE RD., AUSTIN, TX 78752 Exclusively Listed By: Erin McLain, Broker $4,025,000.00 TX Broker License #735755 CA License #01214290 619-885-3292 [email protected]

Executive Overview

$4,025,000 $304,546.08 7.57% List Price annual Income Cap Rate

CORPORATE 5+/- YEARS OPPORTUNITY Guarantee Term Remaining Zone Location

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TENANT OVERVIEW

Source: www.buffalowildwings.com 05 AUSTIN, OVERVIEW

DEMOGRAPHICS Austin, the capital of Texas, was recently voted the No. 1 place to live in America for the third year in a row, according to US News World Report, which was based on affordability, job prospects and quality of life. Austin was also named the fastest growing large city in the U.S. and ranked No. 4 of the best large cities to start a business.

Austin has also long been the tech center of Texas, with 6,500 startups and tech companies based there, including , , and Oracle, which has prompted the nickname, “Silicon Hills”. Apple just announced that it is creating a $1 billion campus with the capacity for 15,000 employees, making it the largest private employer in Austin.

Austin’s low cost of living, with no personal income tax, adds to its appeal. Austin’s population in 1984 was only about 560,000 people, today it is just over 2 million, and they are projected to exceed 4 million people by 2040. The influx of new startups and large corporate expansions into Austin are providing a great opportunity for investors. 06 Opportunity Zone Location For more information, visit: www.irs.gov/newsroom/opportunity-zones- frequently-asked-questions

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SOURCE: WWW.TXDOT.GOV 09 ALTA SURVEY

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