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Exec Summary Sales Package EHI.Ai 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 1107 N Grand Ave Dallas/Fort Worth Metroplex Gainesville, Texas 76240 Hard Corner Location Contact: Jordan Woolf 26 Miles from nearest Enterprise Location 817.343.7752 | [email protected] Low Price Point Investment List Price 6.50% $371,692 Major Cross Street Grand Ave & O'Neal St Gross Operating Income $25,000 Year Built 1995/2017 Remodel Landlord Expenses* $840 Rent Commencement 9/13/2017 Net Operating Income $24,160 Initial Term Expiration* 8/31/2017 Building Square Feet 456 Land Acres 0.40 *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 $840 per year 100% of the cost to improve the property Demographics Lease Summary 1 Mile 2 Mile 3 Mile - 10 year primary term Population 7,529 14,978 17,460 - Four (4) Five (5) year options Business Population 3,416 8,612 10,343 - 7.5% Rent increases on options Average HH Income $49,193 $52,595 $54,508 - 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) - 2017 Revenue was $22.3 Billion - EHI employs 100,000 people, operates in 90 countries, and has over 1.8 Million vehicles - EHI owns and operates 9,900 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 About Enterprise Rent-A-Car Enterprise Rent-A-Car was founded in 1957 by Jack Taylor who selected the name to salute the WWII aircraft carrier he served on. The Jack Taylor Family still privately owns Enterprise Rent-A- Car under Enterprise Holdings Inc (EHI). EHI is the largest transportation provider that offers car, truck, and motorcycle rentals and also does car sharing and car sales. EHI is in over 90 countries with more than 9,900 locations. EHI also owns Alamo and National which are Rent-A-Car companies. 2017 Revenue for EHI was $22.3 Billion. The company employs 100,000 people and has a fleet of $1.9 million vehicles. Conifer Real Estate| Principle. Passion. Perseverance | 75+ years of experience you can trust 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 Alamo Rent A Car Fleet Management together offer a total transportation alamo.com solution. Combined, these businesses – which include extensive car rental and car-sharing services, truck Enterprise Rent-A-Car rental, corporate fleet management and retail car enterprise.com sales – accounted for $22.3 billion in revenue and operated nearly 1.9 million vehicles in fiscal year National Car Rental 2017. nationalcar.com Enterprise Holdings – through its integrated global network of independent regional subsidiaries and BUSINESS LINES franchises – operates the Enterprise Rent-A-Car, Enterprise Car Sales National Car Rental and Alamo Rent A Car brands enterprisecarsales.com at more than 9,900 fully staffed neighborhood and airport locations in more than 90 countries Enterprise Truck Rental throughout the world. enterprisetrucks.com Its affiliate, Enterprise Fleet Management, provides Enterprise CarShare full-service fleet management to companies, enterprisecarshare.com government agencies and organizations operating medium-sized fleets of 20 or more vehicles, as well Enterprise Rideshare as those seeking an alternative to employee enterpriserideshare.com reimbursement programs. Zimride by Enterprise Enterprise Holdings is the largest car rental company zimride.com in the world as measured by revenue and fleet. Enterprise Holdings’ annual revenues also place it Exotic Car Collection by Enterprise near the top of the global travel industry, exceeding exoticcars.enterprise.com all other rental car companies, many airlines, and most cruise lines, hotels, tour operators and online Enterprise Flex-E-Rent travel agencies. flexerent.co.uk For information on Enterprise Holdings’ long-term Enterprise Car Club commitment to corporate social responsibility, visit enterprisecarclub.co.uk enterpriseholdings.com/csr. AFFILIATE Enterprise Fleet Management efleets.com ©2017 Enterprise Holdings Inc. as of 12/1/17 EXECUTIVES AWARDS Andrew C. Taylor Patrick T. Farrell • Workforce 100 from , 2017 EXECUTIVE CHAIRMAN SENIOR VICE PRESIDENT AND Workforce Magazine CHIEF MARKETING & • Gold LearningElite organization from COMMUNICATIONS OFFICER Chief Learning Donald Ross Officer magazine, 2017 VICE CHAIRMAN Lee Kaplan • Training Top 125 from Training magazine, 2017 SENIOR VICE PRESIDENT AND Pamela Nicholson • No. 1 Entry Level Employer from PRESIDENT AND CHIEF CHIEF ADMINISTRATIVE OFFICER EXECUTIVE OFFICER CollegeGrad.com, 2017 Craig Kennedy • National Car Rental, Enterprise Rent-A-Car and Jo Ann Taylor Kindle SENIOR VICE PRESIDENT AND Alamo Rent A Car named to The World’s Best Car PRESIDENT, ENTERPRISE CHIEF INFORMATION OFFICER Rental Companies in magazine’s HOLDINGS FOUNDATION Travel + Leisure World’s Best Awards, 2017 Carolyn Kindle Betz Christine Taylor SENIOR VICE PRESIDENT AND • Gold Travvy Award: Best Fleet, Best Domestic Car EXECUTIVE VICE PRESIDENT EXECUTIVE DIRECTOR, Rentals and Best Overall Car Rentals, 2017 AND CHIEF OPERATING OFFICER ENTERPRISE HOLDINGS FOUNDATION • Supplier Engagement of the Year Finalist from the Greg Stubblefield Ethical Corporation’s Responsible Business EXECUTIVE VICE PRESIDENT Kurt Kohler Awards, 2017 AND CHIEF STRATEGY OFFICER SENIOR VICE PRESIDENT, FLEET ACQUISITION AND • Transportation Partner of the year from the Rick Short REMARKETING, NORTH AMERICA American Society of Travel Agents (ASTA), 2017 EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER • President and CEO Pamela Nicholson named to Rose Langhorst Fortune magazine’s list of “America’s 50 Most SENIOR VICE PRESIDENT Powerful Women in Business” for past 11 years Brice Adamson AND TREASURER SENIOR VICE PRESIDENT, Enterprise Holdings Inc. and its three brands have ENTERPRISE FLEET MANAGEMENT David Nestor continually been recognized for customer service, SENIOR VICE PRESIDENT, corporate social responsibility efforts, employment NORTH AMERICAN OPERATIONS Mike Andrew practices and policies, and overall leadership in the SENIOR VICE PRESIDENT AND car rental industry. A comprehensive awards list is GENERAL COUNSEL Shelley Roither available at enterpriseholdings.com/en/awards. VICE PRESIDENT, HUMAN RESOURCES GLOBAL REVENUE FY 2017 $22.3 billion FY 2016 $20.9 billion FY 2015 $19.4 billion FY 2014 $17.8 billion FY 2013 $16.4 billion Revenue includes Enterprise Fleet Management, which was spun off from Enterprise Holdings Aug. 1, 2011. ©2017 Enterprise Holdings Inc. as of 12/1/17 FAST FACTS Alamo Rent A Car • 100,000 employees*† • Attracts value-oriented international and U.S. leisure travelers looking for an easy and hassle-free rental • Nearly 1.9 million vehicles* experience • More than 450 vehicle makes and models* • Largest car rental provider to international travelers • More than 9,900 fully staffed neighborhood and visiting North America airport locations worldwide, including more than • Operates 286 self-service kiosks at 90 U.S. locations 6,400 fully staffed neighborhood and airport locations in the U.S. alone • Official Rental Car of Walt Disney World® Resort and Disneyland® Resort • Operates in more than 90 countries and territories, including North America, Central America, South • The Alamo Insiders loyalty program provides members a discount of 5 percent America, the Caribbean and Europe, as well as parts of Asia-Pacific and the Middle East • Ranked by Forbes as one of America’s Largest Private Companies National Car Rental *includes affiliate Enterprise Fleet Management • Premium, internationally recognized brand serving † employed by Enterprise Holdings and its network of independent regional subsidiaries the daily rental needs of frequent airport travelers seeking choice, convenience and time savings for personal and business trips Enterprise Rent-A-Car • Helped pioneer corporate-account business with • Internationally recognized brand, known for the car rental industry’s first comprehensive affordable rates, neighborhood convenience and frequent-rental program, Emerald Club, allowing for outstanding customer service, including picking up an expedited rental process and counter bypass local customers at no extra cost • Official Partner and Official Rental Car of the • More than 7,700 locations, including more than Professional Golfers' Association (PGA) of America 5,800 fully staffed neighborhood and airport branch • Official Car Rental Partner of nine Major League offices located within 15 miles of 90 percent of the Baseball (MLB) teams – Baltimore Orioles, Boston U.S. population Red Sox, Chicago White Sox, Houston Astros, • Offers consumers a total transportation solution Kansas City Royals, Los Angeles Angels, New through its network of services including Enterprise York Mets,
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