Macarthur Retail Building 3135 N Macarthur, Oklahoma City, Ok Offering Memorandum Offered Exclusively By

MACARTHUR RETAIL BUILDING 3135 N MACARTHUR, OKLAHOMA CITY, OK OFFERING MEMORANDUM OFFERED EXCLUSIVELY BY

MICHAEL RAPELLA [email protected] O: 405.600.6342

DANNY OJEDA [email protected] O: 405.602.3046

JAY COHLMIA [email protected] O: 405.602.2989

EXECUTIVE SUMMARY 3 MARKET ANALYSIS 8 The Offering Oklahoma City Market Overview Offering Summary MARKETING TEAM 13 FINANCIAL SUMMARY 5 Rent Roll Income + Expenses Aerials EXECUTIVE SUMMARY THE OFFERING

Newmark Robinson Park is pleased to present the opportunity to acquire 3135 N MacArthur Boulevard, Oklahoma City, OK, 73122 (“Property”), which is a 3,366 SF retail building constructed in 1959. It is on N MacArthur Boulevard close to NW 39th Expressway (U.S. Route 66). 19,667 VPD $59,158

Estimated Vehicles/Day Avg. Household Income Oklahoma City and Bethany, OK N MacArthur Boulevard 3-mi Radius • OKC MSA population of 1.42 million with 1.24% population growth 2010-2020

• Regional leader in aviation/aerospace, biotechnology, energy, transportation/logistics, and business services • Bethany, founded in 1909, has a population of 20,261 with 652 businesses 40,753 0.50% Bethany is home to Southern Nazarene University, with an enrollment of nearly 2,000 • Daytime Employees Population Increase 3-mi Radius 2010-2020

NEARBY RETAILERS

| 3135 N MacArthur Blvd. 3 EXECUTIVE SUMMARY OFFERING SUMMARY

3135 N MACARTHUR BLVD.

$300,000 $89.13 1959

Price Price Per Square Foot Year Built

100% 3,366 SF 0.53 ACRES

Percent Leased Building Size Land Area

| 3135 N MacArthur Blvd. 4 FINANCIAL SUMMARY RENT ROLL

Suite Tenant SF Lease Expiration Annual Base Rent Total

3135 Intense Audio and Wheels 3,366 02.28.2024 $20,400 $20,400

Total Leased 100% Total 3,366 $20,400 $20,400

INCOME + EXPENSES

Effective Gross Income $20,400 Expenses Less: Real Estate Taxes $2,996 Less: Property Insurance $1,851 Less: Common Area Maintenance $600 Total Expenses $5,447 Net Operating Income $14,953

| 3135 N MacArthur Blvd. 5 SITE AERIAL

| 3135 N MacArthur Blvd. 6 NORTHEAST AERIAL

| 3135 N MacArthur Blvd. 7 OKC MARKET REPORT Oklahoma City is a regional leader in aviation/aerospace, biotechnology, energy, NEWMARK transportation/logistics, and business services. Major employers include state ROBINSON PARK and federal government, Tinker Air Force Base, higher education institutions, OKC and healthcare providers. The OKC metro is home to several major companies’ headquarters, including Paycom, Hobby Lobby, Love’s Travel Stops & Country Stores, Devon Energy, American Fidelity, and Continental Resources.

MARKET In recent years, the metro has moved away from primarily oil and gas jobs with large aviation and biotechnology gains. E-commerce giant Amazon built a 2.6-million-

Boeing Portfolio square-foot fulfillment center in 2020 near Will Rogers World Airport and plans REPORT another 1-million-square-foot addition in 2021. Between new construction and leased space, it will bring Amazon’s total footprint in the metro to 4.3 million square feet.

At the Interstate-35, Interstate-40, and Interstate-44 intersection, Oklahoma City is accessible to major markets via interstates, including Dallas 200 miles to the south. Will Rogers World Airport offers nonstop flights to destinations around the country, including direct access to the east and west coasts.

Despite the COVID-19 pandemic, the OKC metro weathered 2020 with minimal permanent job losses. The metro began 2020 with an unemployment rate of 2.9%.

Aviare Arts That number spiked to 14.8% in April. The U.S. Bureau of Labor Statistics reported STATE CAPITAL OKC’s unemployment rate for December 2020 had fallen to 4.8% after peaking in the OF OKLAHOMA spring and then gradually declining. NOTABLE 2020 NEWMARK TRANSACTIONS

• Oklahoma Commons fka SandRidge Tower, Office | 123 Robert S. Kerr Ave. 29-story tower and parking garage | $35.5 million

OKC METRO CITY OF OKC Oklahoma Commons • Corken/Britton Commerce Center, Industrial | Interstate-35 and Britton Road POPULATION AREA SIZE 156,000 SF | $24.85 million

WHAT WE’RE WATCHING Chesapeake Energy

The company seeks a partner/user for much of the office space on its sprawling campus at NW 63rd and Western Ave. The company recently emerged from 1.24% bankruptcy and has about 800 employees in OKC.

WHAT WE’RE EXCITED ABOUT Innovation District

SYSTEM OF POPULATION Partnership between Robinson Park and Gardner Tanenbaum will develop 2.7 GOVERNMENT GROW TH acres to house state-of-the-art facilities to promote cross-sector collaboration Corken/Britton Commerce Center City Manager, Elected Mayor & City Council 2010-2020 between aviation, aerospace, bioscience, and energy. | 3135 N MacArthur Blvd. 9 ECONOMIC DRIVERS

AEROSPACE HEALTH CARE ENERGY INTEGRIS, SSM Health, Mercy, and Long known for its oil and gas companies, but Tinker Air Force Base Federal Aviation Administration others employ 82,000 workers in the region due to a downturn and layoffs, the industry only • 30,689 total personnel • 5,150 employees with 36 general medicine and surgical hospitals accounts for 2% of metro employment, while 6,480 military | 4,660 military dependents | 17,203 civilians • Operating budget: $1.1B and specialty clinics. companies like Devon and Continental remain • Annual Federal Payroll: $1.76 billion • Second largest aerospace employer strong players. • Economic impact: $4.83 billion in the region OKC has highest concentration of FAA civil servants and PROF., BUSINESS, & contractors outside of Washington, D.C. FINANCIAL SVCS. WHOLESALE & RETAIL Private Sector Aviation More than 125,000 employees, or 18% of the At the intersection of major interstates, OKC is The Boeing Co. is the largest private aerospace employer and the largest federal contractor local workforce, provide business and financial a trade center with total taxable retail sales in in Oklahoma with 3,660 employees. It is followed by Northrop Grumman with 807 employees. services nationwide. 2018 of $23.8 billion. Skydweller Aero Inc. announced in mid-2020 it selected OKC for its corporate headquarters, bringing with it 120 engineering and tech positions. Unmanned aircraft company Kratos MANUFACTURING announced plans to hire about 400 employees to support its contract with the U.S. Air Force’s BIOSCIENCE Skyborg program. More than 38,000 people are employed in Bioscience is booming in OKC and the sector manufacturing in the OKC metro. It accounts for employs 51,000 statewide providing goods, The Greater OKC Chamber reported the local aerospace sector added 55 new companies and about 5% of the metro’s nonagricultural labor services, research, and education. 6,640 employees between 2015 and 2020. force.

ATHLETICS CITY FINANCES 4.125% OF OVERALL Professional, semi-pro, collegiate, and amateur events were put on hold in The City of Oklahoma City pays for day-to-day operations CITY TAX RATE 2020. These reflect pre-COVID numbers. We expect these numbers to resume from the General Fund. The largest contributor to that fund and grow in the coming years. is sales tax, followed by use tax. Sales tax is derived from retail sales, and use tax comes from goods purchased OKC Thunder NCAA College Women’s World Series elsewhere and shipped or brought to OKC, including • 10 trips to the NBA playoffs • Attracts 70,000 visitors annually purchases from online retailers. • One trip to the NBA Finals • $15M economic impact • Average attendance: 18,203 • $27.5M improvements underway General Fund sales tax collections for Dec. 2020 were about $20.5M. That was just over $277,000 or 1.4% above OKC Energy FC Memorial Marathon projections but $1.7M or 7.8% below the same month in • USL Championship League • More than 24,000 runners annually 1¢ TEMPOR ARY 3/4¢ PUBLIC SAFET Y 1/8¢ ZOO 2 1/4¢ GENER AL FUND 2019. • Team plays at Taft Stadium • $10M economic impact • Average attendance: 4,298 • 16,000 hotel room nights SALES TAX RATE: 8.625% OKC Dodgers • AAA franchise for the L.A. Dodgers MLB team City tax rate is 4.125%, the additional 4.5% goes to state and • Team plays at Chickasaw Bricktown Ballpark county. The 1¢ Temporary Sales Tax is for MAPS and other • Average attendance: 6,471 municipal projects.

Sources: ESPN; Soccer Stadium Digest; MILB.com; OKC Convention and Visitors Bureau

| |OKC 3135 Market N MacArthur Report Blvd. 10 PUBLIC, PRIVATE DEVELOPMENTS + MAPS 4

MAPS 4 PROJECTS

Parks Beautification $140 million will fund improvements $30 million for beautification to all of the parks in the city. projects around the city.

Youth Centers Homelessness $110 million will fund four new youth $50 million to reduce homelessness centers to provide activities and with affordable housing options. education. Animal Shelter Senior Wellness Centers $38 million for a city animal shelter OU Med. Center North Tower Heartland Headquarters Omni Hotel $15 million for a fifth Senior to replace the current outdated 456,000 SF | November 2020 110,000 SF | July 2020 605 Rooms | January 2021 Wellness Center, and $15 million facility. for scholarships for low-income seniors. Fairgrounds Coliseum $63 million to partially fund an A study by the OKC Planning Department found that within a 3-block impact zone around the Mental Health and Addiction arena that will replace the aging Jim MAPS streetcar route, there has been more than $1.6 billion value in public and private investment $40 million for mental health and Norick Arena. since 2011 alone. Even prior to that, Devon Energy began work in 2009 on its $750 million substance abuse services. headquarters downtown. Diversion Hub Family Justice Center Operated by Palomar $17 million to work to keep low-level The OKC Chamber reports private property values within the three-block impact zone have grown $38 million will pay for a family offenders out of jail. by 115 percent since the route was proposed in 2011. Because of its location along the streetcar justice center for victims of abuse Innovation District route, Heartland chose Automobile Alley to build its 7-story, 110,000 square foot headquarters. and violence. $71 million to create a hub of Tony Capucille, president of Heartland, cited the streetcar at the building’s front door, and the Transit innovation in the OU Health Sciences vibrant energy downtown as the reason for building and bringing 345 employees downtown. $87 million for upgrades, more area. buses and rapid transit lines. • Impact of public and private investments in MAPS totals more than $7 billion Freedom Center and Clara Luper Civil • Estimated private investment of $3.9 billion between 1995 and 2018 Sidewalks, Bike Lanes, Trails and Rights Center Streetlights $25 million to renovate Freedom • Property values downtown have nearly doubled, an increase of $1.88 billion $87 million dedicated to bike and Center and construct center to • Since 2009, downtown has added 2,200 residents, accounting for growth of 20.8% pedestrian roads and trails. celebrate civil rights history.

• 2,700 housing units were added downtown during that period Chesapeake Energy Arena Multipurpose Stadium $115 million for capital maintenance $37 million for a multipurpose • 9,000 jobs added downtown and improvements for tenants and stadium to host outdoor sporting • John W. Rex Charter Elementary School built downtown fans. events downtown.

| |OKC 3135 Market N MacArthur Report Blvd. 11 INDUSTRY DIVERSITY HIGHER ED. ENROLLMENT AVERAGES School ‘19/’20 Type University of Oklahoma - Norman Government 20% 28,125 State Trade, Transportation, Utilities 18% OU Health Sciences Center - OKC four-year Education and Health Services 15% Oklahoma State University 24,649 State Professional and Business Svcs 13% four-year State Leisure and Hospitality 11% University of Central Oklahoma 15,393 four-year Financial 5% State Manufacturing 5% Oklahoma City Community College 12,039 two-year Construction 5% Rose State College 7,420 State Other Svcs 4% two-year Mining and Logging 2% Private Oklahoma City University 2,284 four-year Information 1% Private Averages from 2020 | Source: US BLS Oklahoma Christian University 2,162 four-year Source: Individual Colleges and Universities and CollegeSimply

COST OF LIVING INDEX UNEMPLOYMENT RATE 2020 ECONOMIC CYCLE

MSA Median Income COLI OKC 6.4% Oklahoma 6.6% National 8.1%

$80000K 140% 15% OKC’s cost of living is 13.4% Forcast Risks below the U.S. standard Mid 12% Expansion $60000K 105% RECOVE RY Late Expansion 9% Short Term $40000K 70% 6%

$20000K 35% In Recession At Risk 3% Long Term

Source: Moody’s $0 0% 0% OKC Indianapolis Fort Worth Denver Atlanta Chicago Jan Feb AprMar May JulJun Aug OctSep Nov Dec

KEY INDICATORS MAJOR EMPLOYERS

The largest employers in the OKC metro are the government and military, although the area has 2015 2016 2017 2018 Metric 2019 2020 2021 2022 a diverse economy and is home to the head-quarters of several major companies. Market Years 1.36 1.37 1.38 1.39 Population (M) 1.40 1.42 1.43 1.44 HQ Employer Employees Sector Ticker Cap in OKC • Hobby Lobby Stores Inc. 6,500 Retail Private 49 3.9 4.3 3.9 2.8 Unemployment (%) 2.5 6.4 2.9 3.1 Amazon 5,000 Retail AMZN $1.5T 11 The Boeing Co. 4,200 Aerospace BA $153.4B 37 630 630 635 650 Employment (K) 661 661 661 666 • Paycom 3,000 Technology PAYC $23B 23 • Devon Energy 2,500 Energy DVN $16.49B 50 53.2 54.5 56.3 58.6 Median HH Income (K) 60.9 62.3 63.7 65.5 • MidFirst Bank 2,500 Finance Private 66 • Sonic 2,460 Retail Private 68 84.6 Cost of Living 85.4 86.6 Dell 2,300 Business Svcs. DELL $66.3B 17 • American Fidelity 1,995 Finance Private 61 2 2 2 2 F-500 Companies 2 2 1 1 • BancFirst 1,700 Finance BANF $2.48B 55 • Love's Travel Stops & Country Stores 1,500 Retail Private 57 1 1 1 1 Nat’l Sports 1 1 1 1 • Continental Resources 1,080 Energy CLR $11.14B 9** Source: Moody’s; BLS.gov; Fortune.com ** founded in Enid, OK in 1967 Source: Greater OKC Chamber | Excludes Government, Military, Higher Education, and Healthcare

| OKC Market Report | 3135 N MacArthur Blvd. 12 MICHAEL RAPELLA DANNY OJEDA JAY COHLMIA KELLEY CHAMBERS Senior Managing Director Vice President Advisor Transactions Manager [email protected] [email protected] [email protected] [email protected] O: 405.600.6342 O: 405.602.3046 O: 405.602.2989 O: 405.772.7580

| 3135 N MacArthur Blvd. 13 CONFIDENTIALITY + CONDITIONS

All materials and information received or derived from Newmark Robinson Park its should be discussed by the party with a title officer or attorney. Questions regarding the directors, officers, agents, advisors, affiliates and/or any third party sources are provided condition of the property and whether the property complies with applicable governmental without representation or warranty as to completeness, veracity, or accuracy, condition of requirements should be discussed by the party with appropriate engineers, architects, the property, compliance or lack of compliance with applicable governmental requirements, contractors, other consultants and governmental agencies. All properties and services are developability or suitability, financial performance of the property, projected financial marketed by Newmark Robinson Park in compliance with all applicable fair housing and performance of the property for any party’s intended use or any and all other matters. equal opportunity laws.

Neither Newmark Robinson Park its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy or completeness of the any materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, that may be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters of significance to such party. Newmark Robinson Park will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed in writing.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE. TULSA OKC

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections and investigations including through appropriate third party independent professionals selected by such party.

All financial data should be verified by the party including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Newmark Robinson Park makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. Newmark Robinson Park does not serve as a financial advisor to any party regarding any proposed transaction. All NATIONAL REACH, data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data or performance. Any estimates of market LOCAL EXPERTISE rents and/or projected rents that may be provided to a party do not necessarily mean that We are an affiliate of Newmark National, and as such have access to rents can be established at or increased to that level. Parties must evaluate any applicable national data, trends and other resources. This includes up-to-the-minute contractual and governmental limitations as well as market conditions,vacancy factors and response to COVID-19 and how it affects our clients. other issues in order to determine rents from or for the property. 18,000 PROFESSIONALS Legal questions should be discussed by the party with an attorney. Tax questions should 480 OFFICES WORLDWIDE be discussed by the party with a certified public accountant or tax attorney. Title questions SIX CONTINENTS MICHAEL RAPELLA DANNY OJEDA JAY COHLMIA Senior Managing Director Vice President Advisor [email protected] [email protected] [email protected] O: 405.600.6342 O: 405.602.3046 O: 405.602.2989

204 N. Robinson, Ste 700 OKC, OK, 73102 for more information, visit us at 110 W. 7th, Ste 2600 Tulsa, OK, 74119 NEWMARKRP.COM The information contained herein was obtained from sources believed reliable; however, Newmark Robinson Park makes no guarantees, warranties or representations as to the completeness or accuracy thereof. The presentation of this property is submitted subject to errors, omissions, change of price or conditions prior to sale or lease, or withdrawal without notice. Independently Owned and Operated.