7.0% CAP1004 N BROADWAY ST, CLEVELAND, OK 74020

T R A C T O R S U P P LY C O M P A N Y - T U L S A , O K M S A $1,126,455

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$1,126,455 | 7.0% CAP• Modified Gross Net Tractor Supply Company Lease With 7.5+

Years Remaining on Current Term

• Entire Building Available for $1.55M - Ask Agent for Details

• Multi-Tenant Building - TSCO Occupies 20K Sqft - TPO RoofRecently Replaced

• Healthy 5 Mile Demographics of 4,900+ Residents

• Excellent Visibility on Main Cleveland Thoroughfare, NBroadway St (4,600+ VPD)

• Located in Strong Retail Area to Previously Support WalmartCenter (Relocated to Walmart Supercenter)

• Positioned 30 Miles From Tulsa, OK - the Second Largest Cityin the State With an MSA Population of 950K+

• Tractor Supply is the Largest Operator of Rural LifestyleRetail Stores in the US and is Highly Sought After in the NetLease Market due to its Aggressive Expansion and FinancialStrength

CLEVELAND, OK

EXCLUSIVELY MARKETED BY:

ERIC KELLEY281.610.5011 | eric.kelley@trinityreis.com

Building Area: 20,420 SF

Land Area: +/- 1.9 AC

Year Built: 1978

Guarantor: Tractor Supply Co. (NASDAQ: TSCO)

Price Per SF: $55.16

NOI: $78,852

Rent Per SF: $4.29

Rent Commencement Date: 5/29/2018

Lease Expiration Date: 5/30/2028

Lease Term Remaining: 7.5+ Years

Lease Type: Modified Gross Net

Type of Ownership: Fee Simple

PROPERTY DETAILS:

INVESTMENT OVERVIEW:

Tractor SupplyCompany was

Founded in 1938 andis now a Leading

Retailer With AnnualRevenues of $7.9B+

Offering ProductsNecessary to Care for

Home, Land, andAnimals, TSCO is

Especially Popular inRural Areas

As of March 2020,Tractor Supply

Company OperatesMore Than 1,800

Stores With 33,000Team Members

1004 N BROADWAY ST | CLEVELAND, OKINVESTMENT SUMMARY

INVESTMENT OVERVIEW

Price $1,126,455Price per SF $55.16CAP Rate 7.0 %Total Return (yr 1) $78,852

OPERATING DATA

Total Scheduled Income $87,600Gross Income $87,600Operating Expenses $8,748Net Operating Income $78,852

INCOME SUMMARY

Base Rent Income $87,600

Gross Income $87,600

EXPENSE SUMMARY

Property Taxes $1,748Insurance $7,000

Gross Expenses $8,748

Net Operating Income $78,852

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1004 N BROADWAY ST | CLEVELAND, OKFINANCIAL OVERVIEW

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ANNUALIZED OPERATING DATATAXES & INSURANCE

PAID BY LANDLORD

Taxes: Landlord agrees to pay, at its sole cost and expense, all real estatetaxes, special assessments, and any rollback taxes that may be or becomedue as the result of any assessment based on a change in land use.Insurance: Landlord agrees to carry and maintain, at its sole cost andexpense, commercial general liability insurance.

PARKING LOTPAID BY LANDLORD

Landlord must maintain the integrity of the structure and surface of allpaved areas including sealing and striping, such that there are no potholes or other conditions that may compromise its utility and safety.

ROOF & STRUCTUREPAID BY LANDLORD

Landlord shall maintain the Shopping Center and shall performmaintenance, repair and replacement to the structure and exterior of thebuilding, the roof, drains, gutter, and downspouts such that the Buildingremains weather-tight and storm water is directed away from thefoundation; the foundation, sub-floors, walls.

HVACPAID BY TENANT

Subject to Landlord’s one-year warranty obligation in Section 17,maintaining, repairing and replacing the HVAC, provided neither Landlordnor Tenant shall have any such obligation during the last three (3) years ofthe Term.

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1004 N BROADWAY ST | CLEVELAND, OKLEASE ABSTRACT

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TOTAL POPULATION1 Mile 3 Mile 5 Mile

2010 Census 2,499 3,575 4,9502020 Estimated 2,485 3,525 4,9272025 Projected 4,273 3,499 4,915

HOUSEHOLD INCOME

1 Mile 3 Mile 5 MileMedian $39,144 $43,729 $46,473

Average $51,124 $57,446 $59,650

Demographic data provided by CoStar

1004 N BROADWAY ST | CLEVELAND, OKDEMOGRAPHICS

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1004 N BROADWAY ST | CLEVELAND, OKLOCATION OVERVIEW

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1004 N BROADWAY ST | CLEVELAND, OKRETAIL MAP

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1004 N BROADWAY ST | CLEVELAND, OKRETAIL MAP

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1004 N BROADWAY ST | CLEVELAND, OKRETAIL MAP

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1004 N BROADWAY ST | CLEVELAND, OKPROPERTY PHOTO

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1004 N BROADWAY ST | CLEVELAND, OKPROPERTY PHOTO

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1004 N BROADWAY ST | CLEVELAND, OKSITE PLAN

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1004 N BROADWAY ST | CLEVELAND, OKTENANT OVERVIEW

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1004 N BROADWAY ST | CLEVELAND, OKDISCLAIMER

All materials and information received or derived from Trinity Real Estate Investment Services its directors, officers, agents, advisors, affiliates and/orany third party sources are provided without representation or warranty as to completeness, veracity, or accuracy, condition of the property, complianceor lack of compliance with applicable governmental requirements, developability or suitability, financial performance of the property, projected financialperformance of the property for any party’s intended use or any and all other matters.

Neither Trinity Real Estate Investment Services its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express orimplied, 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 theseand other matters of significance to such party. Trinity Real Estate Investment Services will not investigate or verify any such matters or conduct duediligence for a party unless otherwise agreed in writing.

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

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. Trinity Real EstateInvestment Services makes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data orassumptions. Trinity Real Estate Investment Services does not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as market conditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party with an attorney.Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by the party with atitle officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Trinity Real Estate Investment Services in compliance with all applicable fair housing and equal opportunitylaws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warrantyor representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease orfinancing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not representcurrent or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property andtransaction.

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CONTACT INFORMATION

EXCLUSIVELY MARKETED BY

BROKER OF RECORD

ERIC KELLEY281.610.5011eric.kelley@trinityreis.com

JESSICA DEARNLEYFlake & CompanyOK #170787