Day) Sycamore School Road (27,381 Cars / Day)

EXP DALLAS

214.522.7200

JOE CAPUTO

[email protected]

BOB MOORHEAD

[email protected]

property. 6,500 SF+ 2-tenant building originally built in 1996 on 0.69+ acres. Fully renovated in 2013.

tenant mix / lease structure. Brand new, 10-year net leases beginning in 2013. Building is leased to SmileBest Dental and TitleMax. SmileBest Dental

operates over 200 locations. TitleMax currently has over 700 locations in 12 states.

location. The subject property is located at the intersection of Sycamore School Road (27,381 Cars / Day) and McCart Avenue (35,377 Cars / Day). The site

shares this intersection with a Walmart Supercenter and an Aldi supermarket that opened in the Spring of 2010. Albertsons, Walgreens, Dollar Tree, DD’s

Discounts, Cato Fashions, GNC, UPS Store, Wingstop, Exxon, Payless Shoesource, BBVA Compass Bank, and Taco Bell are also located at this intersection.

The subject property is 1.2-miles south of a shopping center anchored by Office Depot and LA Fitness at the Altamesa Boulevard and McCart Avenue intersection.

EXCLUSIVE OFFERING | $2,458,000 / 7.00% CAP

SMILEBESt - titlemax

3411 SYCAMORE SCHOOL ROAD, FORT WORTH, TX

Alamo Self-Storage

Sycamore School Road (27,381 Cars / Day)

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Christ

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EXP Realty Advisors, Inc. (“Agent”) has been engaged as an agent for the sale of the

property located at 3411 Sycamore School Road, Fort Worth, TX by the owner of the

Property (“Seller”). The Property is being offered for sale in an “as-is, where-is” condition

and Seller and Agent make no representations or warranties as to the accuracy of the

information contained in this Offering Memorandum. The enclosed materials include highly

confidential information and are being furnished solely for the purpose of review by

prospective purchasers of the interest described herein. The enclosed materials are being

provided solely to facilitate the prospective investor’s own due diligence for which it shall be

fully and solely responsible. The material contained herein is based on information and

sources deemed to be reliable, but no representation or warranty, express or implied, is

being made by Agent or Seller or any of their respective representatives, affiliates, officers,

employees, shareholders, partners and directors, as to the accuracy or completeness of the

information contained herein. Summaries contained herein of any legal or other documents

are not intended to be comprehensive statements of the terms of such documents, but

rather only outlines of some of the principal provisions contained therein. Neither the Agent

nor the Seller shall have any liability whatsoever for the accuracy or completeness of the

information contained herein or any other written or oral communication or information

transmitted or made available or any action taken or decision made by the recipient with

respect to the Property. Interested parties are to make their own investigations, projections

and conclusions without reliance upon the material contained herein. Seller reserves the

right, at its sole and absolute discretion, to withdraw the Property from being marketed for

sale at any time and for any reason. Seller and Agent each expressly reserves the right, at

their sole and absolute discretion, to reject any and all expressions of interest or offers

regarding the Property and/or to terminate discussions with any entity at any time, with or

without notice. This offering is made subject to omissions, correction of errors, change of

price or other terms, prior sale or withdrawal from the market without notice. Agent is not

authorized to make any representations or agreements on behalf of Seller. Seller shall

have no legal commitment or obligation to any interested party reviewing the enclosed

materials, performing additional investigation and/or making an offer to purchase the

Property unless and until a binding written agreement for the purchase of the Property has

been fully executed, delivered, and approved by Seller and any conditions to Seller’s

obligations hereunder have been satisfied or waived. By taking possession of and

reviewing the information contained herein, the recipient agrees that (a) the enclosed

materials and their contents are of a highly confidential nature and will be held and treated

in the strictest confidence and shall be returned to Agent or Seller promptly upon request;

and (b) the recipient shall not contact employees or tenants of the Property directly or

indirectly regarding any aspect of the enclosed materials or the Property without the prior

written approval of the Seller or Agent; and (c) no portion of the enclosed materials may be

copied or otherwise reproduced without the prior written authorization of Seller and Agent.

Disclaimer

PAGE 8: LOCATION OVERVIEW

PAGE 9-10: LOCATION MAPS

PAGE 11: DEMOGRAPHICS

Table of contents | Disclaimer SMILEBESt - titlemax


PAGE 3: INVESTMENT | TENANT | LEASE OVERVIEWS

PAGE 1: COVER

PAGE 2: TABLE OF CONTENTS | DISCLAIMER

PAGE 7: AERIAL PHOTO

PAGE 5: RENT ROLL

PAGE 6: SITE PLAN

PAGE 4: PROPERTY PHOTO

SMILEBEST DENTAL | www.smilebestdental.com

SmileBest Dental Centers offer general dentistry, cosmetic dentistry, and orthodontics at over 200 clinics in the U.S. The company opened its

first location in Texas in March 2012. Products and services include periodontics, endodontics, lumineers, implants, Invasalign, and Zoom

Whitening.

PREMIER DENTAL HOLDINGS

Lease is guaranteed by Premier Dental Holdings, Inc. Premier operates 13 locations and had over $48 million in revenue in 2012.

PRICE: $2,458,000

CAP RATE: 7.00%

NET OPERATING INCOME: $171,999 (December 2013)

BUILDING AREA: 6,500+ Square Feet

LAND AREA: 0.69+ Acres

YEAR BUILT / RENOVATED: 1996 / 2013

OWNERSHIP: Fee Simple Interest

OCCUPANCY: 100% (June 2013)

RENT COMMENCEMENT: TitleMax - April 2013

SmileBest – June 2013

Investment overview | TENANT OVERVIEW SMILEBESt - titlemax


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Tenant overview

TITLEMAX | www.titlemax.biz

TitleMax, Inc. is a privately owned title lending business based in Savannah, Georgia. Since its founding in 1998 the company has more than

700 stores in 12 states including Alabama, Arizona, Florida, Georgia, Illinois, Mississippi¸ Missouri, Nevada, South Carolina, Tennessee, Texas,

Virginia. TitleMax serves individuals who generally have limited access to consumer credit from banks, thrift institutions, credit card lenders and

other traditional sources of consumer credit. TitleMax offers a title loan product which allows customers to meet their liquidity needs by borrowing

against the value of their vehicles while retaining use of their vehicle during the term of the loan.

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PROPERTY PHOTO SMILEBESt - titlemax


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Rent roll SMILEBESt - titlemax


ADJACENT RETAIL

Square Years Rent Rent Lease

Tenant Feet GLA Begin End Remain Begin Monthly PSF Annually PSF Type Options / Notes

SmileBest Dental 4,000 61% Jun-13 Jun-23 10 Jun-13 $0 $0.00 $0 $0.00 NN 3% Annual Rent Increases

Dec-13 $8,833 $2.21 $105,999 $26.50 Begininng June 2015

Jun-15 $9,100 $2.28 $109,200 $27.30 Options at Fair Market Value

Jun-16 $9,373 $2.34 $112,479 $28.12 Four (4) Five (5) Year Options

Jun-17 $9,653 $2.41 $115,839 $28.96

Jun-18 $9,943 $2.49 $119,319 $29.83

Jun-19 $10,240 $2.56 $122,880 $30.72

Jun-20 $10,546 $2.64 $126,560 $31.64

Jun-21 $10,863 $2.72 $130,359 $32.59

Jun-22 $11,190 $2.80 $134,281 $33.57

Option 1 Jun-23 TBD TBD TBD TBD




TitleMax 2,500 39% Feb-13 Feb-23 10 Apr-13 $5,500 $2.20 $66,000 $26.40 10% Rent Increases Every 5-Yrs.

Apr-18 $6,050 $2.42 $72,600 $29.04 One (1) Five (5) Year Option

Option 1 Apr-23 $6,655 $2.66 $79,860 $31.94

TOTALS 6,500 100% Current $5,500 $171,999 NN

*Landlord responsibilities include roof, structure, and parking. Landlord warrants HVAC for duration of first rent year

Lease Term

NN

SITE PLAN SMILEBESt - titlemax


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T R A C T 1 T R A C T 1

SMILEBEST DENTAL

4,000 SF TITLEMAX

2,500 SF

SYCAMORE SCHOOL ROAD

Aerial photograph SMILEBESt - titlemax


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Southwest High School

Candleridge Park

Southwest Park

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IMMEDIATE TRADE AREA

The subject property is located at the intersection of Sycamore School Road

(27,381 Cars / Day) and McCart Avenue (35,377 Cars / Day). McCart Avenue

is an 8-mile arterial surface street that connects the Fort Worth central

business district with newer suburban developments to the south. McCart

Avenue is also frequently used as a non-freeway alternative to nearby

Interstate 35. Sycamore School Road is an east-west arterial road that

traverses the Candleridge neighborhood to the immediate northeast and

connects this area with Interstate 35 to the east.

The site shares this intersection with a Walmart Supercenter and an Aldi

supermarket that opened in the Spring of 2010. Albertsons, Walgreens, Dollar

Tree, Cato Fashions, GNC, UPS Store, Exxon, DD’s Discounts, Payless

Shoesource, BBVA Compass Bank, and Taco Bell are also located at this

intersection. The subject property is 1.2-miles south of a shopping center

anchored by Office Depot and LA Fitness at the Altamesa Boulevard and

McCart Avenue intersection. Other tenants in the trade area include CVS,

Care Now, Frost Bank, IHOP, Whataburger, 7-Eleven, Pep Boys, Aaron’s,

O’Reilly Auto Parts, and Ace Hardware.

The subject property benefits from its location next to the established

Candleridge neighborhood. This desirable neighborhood has provided the

foundation for the area’s growth which is projected to continue at 7.2% over the

next 5-years. Mean annual household income within a 1-mile radius of the site

is $70,658. The subject property is also 1.6-miles southeast of Southwest High

School (1,492 Students).

FORT WORTH, TX

Fort Worth is the 16th-largest city in the United States of America and the 5th

largest city in the state of Texas with a population of 741,206. It has been

estimated that by 2030 it will have 1,211,665 residents. The city is the 2nd most

populous in the Dallas–Fort Worth-Arlington MSA. Fort Worth was the fastest-

growing large city in the United States from 2000 to 2006 and was voted one of

"America's Most Livable Communities.“ Fort Worth has undergone a recent

economic boom with the discovery of large deposits of natural gas in the

Barnett Shale. With over 1,000 gas wells in the city of Fort Worth this formation

is the second largest natural gas source in the U.S. Drilling industry advocacy

groups claim that by 2015 the Barnett Shale may be responsible for more than

108,000 jobs. In addition to the energy driven economic growth Fort Worth has

traditionally been a diverse center of manufacturing. The city has shown strong

economic growth since the 1980s.

Companies with corporate headquarters in Fort Worth include American

Airlines, Radio Shack, BNSF, Pier One Imports, and Ensco. According to the

Dallas Business Journal's 2006 Book of Lists, American Airlines is the largest

employer in the Metroplex. The construction of Fort Worth Alliance Airport has

significantly enhanced the growth and economic diversification that Fort Worth

has enjoyed. Billed as the world's first purely industrial airport this installation

this installation hosts tenants such as the American Airlines, BNSF, Bell

Helicopter, DynCorp International, and FedEx. The DEA aviation operations

center is also based at Fort Worth Alliance Airport.

DALLAS-FORT WORTH-ARLINGTON MSA

The Dallas–Fort Worth–Arlington Metropolitan Statistical Area encompasses 12

counties within the U.S. state of Texas. It is the economic and cultural hub of

the region commonly called North Texas or North Central Texas and is the

largest land-locked metropolitan area in the United States.

The 2010 U.S. Census has the Dallas-Fort Worth Metroplex population at

6,371,773. During the 12-month period from July 2008 to July 2009, the Dallas-

Fort Worth-Arlington metropolitan area gained 146,530 new residents, more

than any other metropolitan area in the United States. The area's population

has grown by about 1 million since the last census was administered in 2000.

The Dallas–Fort Worth–Arlington MSA is, by population, the largest

metropolitan area in Texas, the largest in the South, the 4th largest in the

United States, and the 10th largest in the Americas. The metropolitan area has

the 6th largest gross metropolitan product (GMP) in the United States, and

approximately 10th largest by GMP in the world.

Dallas and its suburbs have one of the highest concentrations of corporate

headquarters in the United States. As such, one of the largest industries in the

Metroplex is conducting business. The Metroplex also contains the largest

Information Technology industry base in the state (often referred to as Silicon

Prairie or the Telecom Corridor), due to the large number of corporate IT

projects and the presence of numerous electronics, computing and

telecommunication firms such as Texas Instruments, HP Enterprises Services,

Dell Services, i2, AT&T, Ericsson, CA and Verizon in and around Dallas. On

the other end of the business spectrum, and on the other side of the Metroplex,

the Texas farming and ranching industry is based in Fort Worth. Several major

defense manufacturers, including Lockheed Martin, Bell Helicopter Textron,

and Raytheon, maintain significant operations in the Metroplex. ExxonMobil,

the #1 corporation on the Fortune 500 listings, is headquartered in Irving,

Texas.

LOCATION OVERVIEW SMILEBESt - titlemax


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LOCATION MAP SMILEBESt - titlemax


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LOCATION MAP SMILEBESt - titlemax


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Demographic snapshot

Downtown Fort Worth, TX

DEMOGRAPHICS SMILEBESt - titlemax


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Radius 1 Mile 3 Mile 5 Mile

Population:

2016 Projection 21,984 117,568 225,031

2011 Estimate 20,502 107,889 205,651

2010 Census 20,256 106,190 202,245

Growth 2011-2016 7.20% 9.00% 9.40%

Growth 2010-2011 1.20% 1.60% 1.70%

2011 Households:

2016 Projection 7,441 41,941 79,647

2011 Estimate 6,949 38,803 73,449

2010 Census 6,861 38,200 72,279

Growth 2011-2016 7.10% 8.10% 8.40%

Growth 2010-2011 1.30% 1.60% 1.60%

Owner Occupied 4,552 25,158 44,799

Renter Occupied 2,397 13,645 28,650

2011 Avg Household Income $70,658 $69,094 $67,327

2011 Med Household Income $59,826 $54,561 $50,552

2011 Per Capita Income $24,201 $25,130 $24,511

2011 Households by Household Inc:

Income Less than $15,000 355 3,368 7,764

Income $15,000 - $24,999 579 3,885 8,474

Income $25,000 - $34,999 630 3,912 7,999

Income $35,000 - $49,999 1,038 6,159 11,987

Income $50,000 - $74,999 1,727 8,089 14,655

Income $75,000 - $99,999 1,290 5,560 9,007

Income $100,000 - $149,999 1,041 5,453 8,556

Income $150,000 - $199,999 196 1,537 2,560

Income $200,000+ 93 841 2,448 Amon G. Carter Stadium, Fort Worth, TX

Day) Sycamore School Road (27,381 Cars / Day)

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