PHILIP LEVY 972.755.5225 SENIOR MANAGING DIRECTOR [email protected]

OFFERING MEMORANDUM Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

Confidentiality & Disclaimer Contents

The information contained in the following Marketing Brochure is proprietary and strictly PROPERTY INFORMATION 3 confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of LOCATION INFORMATION 8 Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified FINANCIAL ANALYSIS 14 information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due SALE COMPARABLES 21 diligence investigation. Marcus & Millichap has not made any investigation, and makes no RENT COMPARABLES 28 warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the DEMOGRAPHICS 35 property and improvements, the presence or absence of contaminating substances, PCB's or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Non-Endorsement Notice

Marcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONSULT YOUR MARCUS & MILLICHAP AGENT FOR MORE DETAILS

2 Section 1 PROPERTY INFORMATION PROPERTY INFORMATION | EXECUTIVE SUMMARY

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

PROPERTY OVERVIEW SALE PRICE $5,250,000 Marcus & Millichap is pleased to offer the opportunity to acquire Uptown Center, a fully stabilized, 22,816-square foot multi-tenant retail center shadow-anchored by Walmart Supercenter, located in the high-growth Dallas suburb of Cedar OFFERING SUMMARY Hill, Texas.

Building Size: 22,816 SF Lot Size: 2.738 Acres DEMOGRAPHICS 1 MILE 3 MILES 5 MILES Price / SF: $230.10 Total Households 1,646 17,531 41,017 Cap Rate: 7.3% Total Population 10,087 59,358 131,232 NOI: $383,283 Average HH Income $76,868 $84,335 $82,044 Year Built: 2005 County: Dallas

4 PROPERTY INFORMATION | PROPERTY DESCRIPTION

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

PROPERTY DESCRIPTION Uptown Center is a fully stabilized, 22,816-square foot multi-tenant retail center located in the high-growth Dallas suburb of Cedar Hill, Texas. The center is 100 percent occupied, and all leases are triple-net. Constructed in 2005, the property consists of two multi-tenant buildings situated on two parcels totaling 2.738 acres. Tenants consist of a complementary mix of service-oriented businesses, including Solis Mammography, Cedar Hills Martial Arts, Allstate Insurance, Momentum Family Chiropractic, Bre Nails, Mane and Groom Barber, Edible Arrangements, Key Pharmacy, Fit Body Boot Camp, and JP & Associates Realtors.

LOCATION DESCRIPTION Shadow-anchored by Walmart Supercenter, the subject property is located in a dense retail trade area in the southwestern quadrant of two major highways, J Elmer Weaver Freeway (Highway 67) and FM 1382, which enjoys high cumulative traffic counts of approximately 97,000 vehicles per day. Uptown Corners faces Uptown Boulevard, a connecting road between FM 1382 and Belt Line Road. Numerous national and regional retailers are in the surrounding area, including Walmart, Target, Michaels, Dick’s Sporting Goods, Best Buy, Bed Bath & Beyond, Party City, Barnes & Noble, H&M, Dillard’s, JCPenney, Cinemark 14, Family Dollar, Hobby Lobby, Ross Dress for Less, Pier 1 Imports, DSW, Marshalls, CVS, and many more. The area benefits from strong demographics with approximately 131,230 residents within five miles and an average household income of $82,000.

Cedar Hill is a city in Dallas and Ellis counties. It is located approximately 16 miles southwest of downtown Dallas and is situated along the eastern shore of Joe Pool Lake and Cedar Hill State Park. Cedar Hill is part of the Best Southwest area, which includes the nearby cities of DeSoto, Duncanville, and Lancaster. Cedar Hill’s commercial development is situated in the heart of the City along Highway 67, and includes the three areas of Uptown, Midtown, and Downtown.

5 PROPERTY INFORMATION | COMPLETE HIGHLIGHTS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

BUILDING INFORMATION Occupancy % 100.0% Tenancy Multiple Year Built 2005 Type Of Ownership Fee Simple

PROPERTY HIGHLIGHTS • 100% Occupied | All Leases are Triple-Net

• Shadow-Anchored by Walmart Supercenter

• Comprised of Two Multi-Tenant Buildings Totaling 22,816 Square Feet

• Service-Oriented Tenant Base that is Largely Internet Resistant

• 69% of the Gross Leasable Area has Personally-Guaranteed Leases

• Attractive Building Facade and Landscaping

• Recent Property Improvements Include Exterior Building Painting, Sign Painting, LED Lighting Upgrade, Parking Lot and Retaining Wall Repairs and Roof Maintenance

• Located in a Dense Retail Trade Area in the Southwestern Quadrant of Highway 67 and FM 1382, with Cumulative Traffic Counts of Approximately 97,000 Vehicles per Day

• Numerous National and Regional Tenants in the Area, Including JCPenney, Target, Dillard's, H&M, Barnes & Noble, Cinemark, Hobby Lobby, Dick's Sporting Goods, Ross Dress for Less, DSW and Many More

• Surrounding Area has Strong Demographics | 131,230 Residents Within Five Miles | Five-Mile Average Household Income Exceeds $82,000

• The City of Cedar Hill is Conveniently Located 16 Miles Southwest of Downtown Dallas | Part of the Best Southwest Area, which Includes the Cities of DeSoto, Duncanville and Lancaster

6 PROPERTY INFORMATION | AERIAL MAPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

7 Section 2 LOCATION INFORMATION LOCATION INFORMATION | REGIONAL MAP

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

Uptown Center

9 LOCATION INFORMATION | LOCATION MAPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

10 LOCATION INFORMATION | AERIAL MAPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

11 LOCATION INFORMATION | AERIAL MAPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

12 LOCATION INFORMATION | AERIAL MAPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

13 Section 3 FINANCIAL ANALYSIS FINANCIAL ANALYSIS | FINANCIAL SUMMARY

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

INVESTMENT OVERVIEW

Price $5,250,000 Price per SF $230.10 CAP Rate 7.3 % Total Return (yr 1) $383,283

OPERATING DATA

Gross Income $545,554 Operating Expenses $162,271 Net Operating Income $383,283

FINANCING DATA

Down Payment $5,250,000 Loan T ype All Cash

15 FINANCIAL ANALYSIS | INCOME & EXPENSES

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

INCOME SUMMARY PER SF

Base Rent $392,557 $17.21 Real Estate Taxes Reimbursements $95,477 $4.18 Insurance Reimbursements $11,619 $0.51 Common Area Maintenance Reimbursements $37,383 $1.64 Management Fee Reimbursements $5,173 $0.23 Administrative Fee $3,345 $0.15 Gross Income $545,554 $23.91

EXPENSE SUMMARY PER SF

Real Estate Taxes $95,477 $4.18 Insurance $11,619 $0.51 Utilities $7,650 $0.34 Trash Removal $11,197 $0.49 Landscaping $9,216 $0.40 Fire Protection $1,660 $0.07 Day Porter $7,800 $0.34 Irrigation $441 $0.02 Repairs $878 $0.04 Management Fee $16,333 $0.72 Gross Expenses $162,271 $7.11

Net Operating Income $383,283 $16.80

16 FINANCIAL ANALYSIS | RENT ROLL

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

TENANT UNIT % OF LEASE LEASE ANNUAL ESC PRICE LEASE EXPENSE NAME SIZE (SF) GLA START END RENT DATE PER YEAR TYPE OPTION REIMBURSEMENT

Allstate Insurance 1,205 5.28 9/1/12 9/30/20 $21,401 $17.76 NNN (1) 5-Yr $6,732.80 Cedar Hill Martial Arts 2,094 9.18 6/8/16 6/30/20 $31,410 $15.00 NNN None $13,931.95 1/1/2020 $16.50 Momentum Family Chiro (1) 3,708 16.25 5/1/16 7/1/26 $62,851 $16.95 NNN (1) 5-Yr @ $18.98 $24,661.68 Bre Nails (1) 1,500 6.57 10/1/15 1/31/26 $33,000 $22.00 NNN (2) 5-Yr ($26 & $28) $9,970.10 9/1/2020 $23.20 Mane & Groom Barber (1) 1,500 6.57 10/10/17 10/31/20 $22,200 $14.80 NNN (3) 3-Yr ($15.60, $10,890.87 $17.16, $18.87) Edible Arrangements (1) 1,530 6.71 6/30/08 4/30/29 $28,611 $18.70 NNN (1) 10-Yr ($22 Yrs 1-5; $10,183.38 1/1/2024 $20.00 $24.20 Yrs 6-10) Key Pharmacy (1) 3,283 14.39 10/1/18 1/31/24 $52,528 $16.00 NNN (1) 5-Yr @ $19/$20/$21 $23,350.78 2/1/2021 $17.00 2/1/2023 $18.00

(1) Leases have a Personal Guarantee.

17 FINANCIAL ANALYSIS | RENT ROLL

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

TENANT UNIT % OF LEASE LEASE ANNUAL ESC PRICE LEASE EXPENSE NAME SIZE (SF) GLA START END RENT DATE PER YEAR TYPE OPTION REIMBURSEMENT

Solis Mammography (2) 3,670 16.09 11/15/18 11/14/28 $58,720 $16.00 NNN (2) 3-Yr @ 6% $23,481.40 11/15/19 $16.32 11/15/20 $16.65 11/15/21 $16.98 11/15/22 $17.32 11/15/23 $17.67 11/15/24 $18.02 11/15/25 $18.38 11/15/26 $18.75 11/15/27 $19.13 Fit Body Boot Camp (1) 2,443 10.71 11/13/18 11/30/23 $36,645 $15.00 NNN (2) 5-Yr ($16.50 & $18.15) $17,753.61 JP & Associates (1) 1,883 8.25 7/1/19 6/30/24 $45,192 $24.00 NNN (2) 5-Yr ($26.50 & $27.00) $12,039.88 7/1/20 $24.50 7/1/21 $25.00 7/1/22 $25.50 7/1/23 $26.00

Totals/Averages 22,816 $392,558 $17.21 $152,996.45

(1) Leases have a Personal Guarantee.

(2) Tenant (Solis Mammography) has the one-time right to terminate the lease on the last day of the 84th full calendar month of the term, by giving Landlord not less than six months prior written notice.

18 FINANCIAL ANALYSIS | SITE PLAN

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

19 FINANCIAL ANALYSIS | CREDIT TENANT INFORMATION

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

Edible Arrangements Allstate Insurance FOUNDED 1990 FOUNDED 1931 LOCATIONS 1,200+ SQ. FT. 1,205 SF SQ. FT. 1,530 SF OPTIONS (1) 5-Yr OPTIONS (1) 10-Yr

Edible Arrangements specializes in fresh fruit arrangements, The Allstate Corporation is one of the largest, publicly held melding the concept of fruit baskets with designs inspired by the insurance providers in the United States. Allstate ranked No. 79 in floral business. the 2018 Fortune 500 list of the largest United States corporations by total revenue.

Fit Body Boot Camp Solis Mammography FOUNDED 2009 FOUNDED 1986 LOCATIONS 540+ LOCATIONS 50+ SQ. FT. 2,443 SF SQ. FT. 3,670 SF OPTIONS (2) 5-Yr OPTIONS (2) 3-Yr

Fit Body Boot Camp is the world’s fastest-growing fitness boot Solis Mammography is the nation's largest independent provider of camp brand, and offers members around the world affordable, breast screening and diagnostic services. convenient, 30-minute fat loss boot camps that challenge the body and deliver results every time.

20 Section 4 SALE COMPARABLES SALE COMPARABLES | SALE COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY

613 & 617 Uptown Boulevard | Cedar Hill, TX 75104 Sale Price: $5,250,000 Lot Size: 2.74 AC Year Built: 2005 Building SF: 22,816 SF Price PSF: $230.10 Cap: 7.3% NOI: $383,283

STARBUCKS RETAIL AT HUDSON OAKS 1 2970 Fort Worth HIghway | Hudson Oaks, TX 76087 Sale Price: $4,550,500 Lot Size: 0.94 AC 1 Year Built: 2017 Building SF: 9,109 SF Price PSF: $499.56 CAP: 6.07% Closed: 04/18/2018 Occupancy: 100% Starbucks, GNC, Metro PCS, Sports Clips, 702 Nail Lounge, Hacienda Pools

THE SHOPS AT HUDSON OAKS 2 100 South Oakridge Drive | Hudson Oaks, TX 76087 Sale Price: $6,800,000 Lot Size: 2.68 AC 2 Year Built: 2014 Building SF: 23,038 SF Price PSF: $295.16 CAP: 6.81% Closed: 05/22/2016 Occupancy: 100%

22 SALE COMPARABLES | SALE COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

CLEAR SKY RETAIL CENTER 3 1805 South Padre Island Drive | Corpus Christi, TX 78416 Sale Price: $1,789,500 Lot Size: 0.8 AC 3 Year Built: 2003 Building SF: 9,717 SF Price PSF: $184.16 CAP: 7.02% Closed: 03/09/2017 Occupancy: 100% CATO, GameStop, Ace Cash Express, Sally Beauty Supply

WALMART SHADOW ANCHORED RETAIL | BEACH STREET 4 8653 North Beach Street | Fort Worth, TX 76244 Sale Price: $4,650,000 Lot Size: 2.215 AC 4 Year Built: 2006 Building SF: 17,322 SF Price PSF: $268.44 CAP: 7.24% Closed: 06/29/2015 Occupancy: 100% Goodwill, Little Caesar's Pizza, Check 'N Go

PEARLAND CENTRAL PLAZA 5 1909 North Main | Pearland, TX 77581 Sale Price: $2,425,000 Lot Size: 0.826 AC 5 Year Built: 1994 Building SF: 9,600 SF Price PSF: $252.60 CAP: 7.26% Closed: 11/18/2016 Occupancy: 100% Church's Chicken, Loan Depot, Dawn Donuts, Firestone Dental, Pearland Nail & Spa, Rodney Young Insurance

23 SALE COMPARABLES | SALE COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

WALMART SHADOW ANCHORED RETAIL | FM 1821 6 101-113 FM 1821 | Mineral Wells, TX 76067 Sale Price: $1,900,000 Lot Size: 0.98 AC 6 Year Built: 2007 Building SF: 7,490 SF Price PSF: $253.67 CAP: 7.3% Closed: 12/07/2015 Occupancy: 100% Check 'N Go, Pro Cuts, AT&T Wireless

COPPERAS COVE RETAIL 7 301 Constitution Drive | Copperas Cove, TX 76522 Sale Price: $2,750,000 Lot Size: 1.098 AC 7 Year Built: 2005 Building SF: 16,400 SF Price PSF: $167.68 CAP: 7.32% Closed: 02/14/2017 Occupancy: 100% CATO, Payless ShoeSource, Sally Beauty, Bank of America, GameStop, Jackson Hewitt

24 SALE COMPARABLES | SALE COMPS SUMMARY

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP

Uptown Center 613 & 617 Uptown Boulevard $5,250,000 22,816 SF $230.10 7.3% Cedar Hill, TX 75104

SALE COMPS PRICE BLDG SF PRICE/SF CAP CLOSE

1 Starbucks Retail at Hudson Oaks 2970 Fort Worth HIghway $4,550,500 9,109 SF $499.56 6.07% 04/18/2018 Hudson Oaks, TX 76087

2 The Shops at Hudson Oaks 100 South Oakridge Drive $6,800,000 23,038 SF $295.16 6.81% 05/22/2016 Hudson Oaks, TX 76087

3 Clear Sky Retail Center 1805 South Padre Island Drive $1,789,500 9,717 SF $184.16 7.02% 03/09/2017 Corpus Christi, TX 78416

4 Walmart Shadow Anchored Retail | Beach Street $4,650,000 17,322 SF $268.44 7.24% 06/29/2015 8653 North Beach Street Fort Worth, TX 76244 5 Pearland Central Plaza 1909 North Main $2,425,000 9,600 SF $252.60 7.26% 11/18/2016 Pearland, TX 77581 6 Walmart Shadow Anchored Retail | FM 1821 $1,900,000 7,490 SF $253.67 7.3% 12/07/2015 101-113 FM 1821 Mineral Wells, TX 76067

25 SALE COMPARABLES | SALE COMPS SUMMARY

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY PRICE BLDG SF PRICE/SF CAP

7 Copperas Cove Retail 301 Constitution Drive $2,750,000 16,400 SF $167.68 7.32% 02/14/2017 Copperas Cove, TX 76522

PRICE BLDG SF PRICE/SF CAP CLOSE Totals/Averages $3,552,143 13,239 SF $268.31 7.0%

26 SALE COMPARABLES | SALE COMPS MAP

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY 613 & 617 Uptown Boulevard | Cedar Hill, TX 75104

STARBUCKS RETAIL AT HUDSON THE SHOPS AT HUDSON OAKS CLEAR SKY RETAIL CENTER WALMART SHADOW ANCHORED 1 OAKS 2 100 South Oakridge Drive 3 1805 South Padre Island Drive 4 RETAIL | BEACH STREET 2970 Fort Worth HIghway Hudson Oaks, TX 76087 Corpus Christi, TX 78416 8653 North Beach Street Hudson Oaks, TX 76087 Fort Worth, TX 76244 PEARLAND CENTRAL PLAZA WALMART SHADOW ANCHORED COPPERAS COVE RETAIL 5 1909 North Main 6 RETAIL | FM 1821 7 301 Constitution Drive Pearland, TX 77581 101-113 FM 1821 Copperas Cove, TX 76522 Mineral Wells, TX 76067

27 Section 5 RENT COMPARABLES RENT COMPARABLES | RENT COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY

613 & 617 Uptown Boulevard | Cedar Hill, TX 75104 Lease Rate: $17.21 SF/YR Lease Type: NNN Space Size: 0 SF Year Built: 2005 Lot Size: 2.74 AC

125 NORTH CLARK ROAD 1 Cedar Hill, TX 75104 Lease Rate: $17.00 SF Lease Type: NNN 1 Space Size: 2,400 SF Year Built: 2007 Bldg Size: 12,200 SF Lot Size: 1.08 AC Occupancy: 80%

Liberty Tax, Little Caesars, 1st Solar Nails & Spa, Adebisi Beauty Salon

150 EAST HIGHWAY 67 2 Duncanville, TX 75137 Lease Rate: $18.00 SF Lease Type: NNN 2 Space Size: 10,866 SF Year Built: 2007 Bldg Size: 39,026 SF Lot Size: 7.45 AC Occupancy: 76%

Genghis Grill, Precision Eye Care, Frost Bank, Bethel Dentistry, Subway, State Farm

29 RENT COMPARABLES | RENT COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

229-241 E FM 1382 ROAD 3 Cedar Hill, TX 75104 Lease Rate: $18.00 SF Lease Type: NNN 3 Space Size: 4,302 SF Year Built: 1985 Bldg Size: 151,906 SF Lot Size: 16.89 AC Occupancy: 97%

Kroger, Burlington, Home Zone Furniture, Fuzzy's Taco Shop, Subway, Sally Beauty

140 W FM 1382 4 Cedar Hill, TX 75104 Lease Rate: $21.00 SF Lease Type: NNN 4 Space Size: SF Year Built: 2002 Bldg Size: 26,075 SF Lot Size: 2.88 AC Occupancy: 100%

Sprint, Re/Max, CiCi's Pizza, Palm Beach Tan, Chapp's Cafe, Supercuts, Planned Parenthood

305 W FM 1382 5 Cedar Hill, TX 75104 Lease Rate: $22.00 SF Lease Type: NNN 5 Space Size: 14,832 SF Year Built: 2008 Bldg Size: 185,884 SF Lot Size: 41 AC Occupancy: 92%

Dick's Sporting Goods, Barnes & Noble, Old Navy, Tuesday Morning, Aeropostale, LensCrafters

30 RENT COMPARABLES | RENT COMPS

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

329-333 NORTH HIGHWAY 67 6 Cedar Hill, TX 75104 Lease Rate: $22.00 SF Lease Type: NNN 6 Space Size: 8,000 SF Year Built: 2006 Bldg Size: 106,065 SF Lot Size: 24.58 AC Occupancy: 92%

JC Penny, Spirit Halloween, Ultra Nails & Spa, Smoothie Factory

31 RENT COMPARABLES | RENT COMPS SUMMARY

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %

Uptown Center 613 & 617 Uptown Boulevard $17.21 SF/yr (NNN) 0 SF 22,816 SF 100.0% Cedar Hill, TX 75104

RENT COMPS PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %

1 Star Plaza 125 North Clark Road $17.00 2,400 SF 12,200 SF 80% Cedar Hill, TX 75104

2 Shops at Waterview Park 150 East Highway 67 $18.00 10,866 SF 39,026 SF 76% Duncanville, TX 75137

3 229-241 E FM 1382 Road Cedar Hill, TX $18.00 4,302 SF 151,906 SF 97% 75104

4 Cedar Hill Town Center 140 W FM 1382 $21.00 - 26,075 SF 100% Cedar Hill, TX 75104

5 Hillside Village 305 W FM 1382 $22.00 14,832 SF 185,884 SF 92% Cedar Hill, TX 75104

6 Cedar Hill Village 329-333 North Highway 67 $22.00 8,000 SF 106,065 SF 92% Cedar Hill, TX 75104

PRICE/SF/YR AVAILABLE SF BLDG SF OCCUPANCY %

Totals/Averages $19.67 8,080 SF 86,859 SF 89.5%

32 RENT COMPARABLES | RENT COMPS MAP

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

SUBJECT PROPERTY 613 & 617 Uptown Boulevard | Cedar Hill, TX 75104

STAR PLAZA SHOPS AT WATERVIEW PARK 229-241 E FM 1382 ROAD CEDAR HILL TOWN CENTER 1 125 North Clark Road 2 150 East Highway 67 3 Cedar Hill, TX 4 140 W FM 1382 Cedar Hill, TX 75104 Duncanville, TX 75137 75104 Cedar Hill, TX 75104

HILLSIDE VILLAGE CEDAR HILL VILLAGE 5 305 W FM 1382 6 329-333 North Highway 67 Cedar Hill, TX 75104 Cedar Hill, TX 75104

34 Section 6 DEMOGRAPHICS DEMOGRAPHICS | DEMOGRAPHICS MAP & REPORT

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

36 DEMOGRAPHICS | DEMOGRAPHICS MAP & REPORT

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

POPULATION 1 MILE 3 MILES 5 MILES Total Population 10,087 59,358 131,232 Median age 35.9 35.5 36.00 Median age (Male) 34.2 33.9 34.4 Median age (Female) 37.3 36.9 37.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES Total households 1,646 17,531 41,017 # of persons per HH 2.7 2.9 2.9 Average HH income $76,868 $84,335 $82,044 Average house value $177,715 $183,527 $174,847

ETHNICITY (%) 1 MILE 3 MILES 5 MILES Hispanic 22.5% 22.4% 23.7% RACE 1 MILE 3 MILES 5 MILES

% White 48.3% 40.4% 43.2% % Black 46.3% 54.5% 51.5% % Asian 2.1% 2.2% 2.5% % Hawaiian 0.1% 0.1% 0.1% % American Indian 1.0% 0.8% 0.8% % Other 2.4% 2.0% 1.9%

* Demographic data derived from CoStar Realty Information Group

37 DEMOGRAPHICS | MEDIAN HOUSEHOLD INCOME

Uptown Center 613 & 617 Uptown Boulevard, Cedar Hill, TX 75104

Median Household Income $50 K $60 K $70 K $80 K $90 K

38 INFORMATION ABOUT BROKERAGE SERVICES Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords. 11-2-2015

TYPES OF REAL ESTATE LICENSE HOLDERS: • A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker. • A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.

A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents): • Put the interests of the client above all others, including the broker’s own interests; • Inform the client of any material information about the property or transaction received by the broker; • Answer the client’s questions and present any o er to or counter-offer from the client; and • Treat all parties to a real estate transaction honestly and fairly. ff A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:

AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner's agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner's agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer’s agent.

AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant's agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer's agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by the seller or seller’s agent.

AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker's obligations as an intermediary. A broker who acts as an intermediary: • Must treat all parties to the transaction impartially and fairly; • May, with the parties' written consent, appoint a different license holder associated with the broker to each party (owner and buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction. • Must not, unless specifically authorized in writing to do so by the party, disclose: . that the owner will accept a price less than the written asking price; . that the buyer/tenant will pay a price greater than the price submitted in a written offer; and . any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.

AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.

TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH: • The broker’s duties and responsibilities to you, and your obligations under the representation agreement. • Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.

LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.

Licensed Broker /Broker Firm Name or Primary Assumed Business Name License No. Email Phone

Designated Broker of Firm License No. Email Phone

Licensed Supervisor of Sales Agent/Associate License No. Email Phone

Sales Agent/Associate’s Name License No. Email Phone

Buyer/Tenant/Seller/Landlord Initials Date

Regulated by the Texas Real Estate Commission Information available at www.trec.texas.gov IABS 1-0 PHILIP LEVY Senior Managing Director Dallas Office

972.755.5225 Office 817.380.1153 Fax [email protected] LICENSE: TX 0522087

5001 Spring Valley Road Dallas, TX 75244